{"id":69247,"date":"2023-08-07T16:39:38","date_gmt":"2023-08-07T11:09:38","guid":{"rendered":"http:\/\/finservwealth.com\/take-fitch39s-downgrade-of-the-us-seriously-not-literally\/"},"modified":"2023-08-07T16:39:38","modified_gmt":"2023-08-07T11:09:38","slug":"take-fitch39s-downgrade-of-the-us-seriously-not-literally","status":"publish","type":"post","link":"https:\/\/finservwealth.com\/hi\/take-fitch39s-downgrade-of-the-us-seriously-not-literally\/","title":{"rendered":"Take Fitch#39;s downgrade of the US seriously, not literally"},"content":{"rendered":"<p> The Treasury is on track to spend almost $1 trillion on interest payments alone in fiscal 2023, compared with less than $600 billion before the pandemic and around $425 billion in 2011 when SP lowered its rating for the US from AAA to AA<\/p><div id=\"finse-3184101430\" class=\"finse-content finse-entity-placement\"><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-9118214110898834\" crossorigin=\"anonymous\"><\/script><ins class=\"adsbygoogle\" style=\"display:block;\" data-ad-client=\"ca-pub-9118214110898834\" \ndata-ad-slot=\"\" \ndata-ad-format=\"auto\"><\/ins>\n<script> \n(adsbygoogle = window.adsbygoogle || []).push({}); \n<\/script>\n<\/div>\n<p><a href=\"https:\/\/www.moneycontrol.com\/news\/economy\/take-fitch39s-downgradethe-us-seriously-not-literally_17161371.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>\n<p>\u200b\u00a0The Treasury is on track to spend almost $1 trillion on interest payments alone in fiscal 2023, compared with less than $600 billion before the pandemic and around $425 billion in 2011 when SP lowered its rating for the US from AAA to AA The Treasury is on track to spend almost $1 trillion on interest payments alone in fiscal 2023, compared with less than $600 billion before the pandemic and around $425 billion in 2011 when SP lowered its rating for the US from AAA to AA\u00a0\u00a0Moneycontrol Latest News\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/economy\/take-fitch39s-downgradethe-us-seriously-not-literally_17161371.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a>\u00a0\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p> The Treasury is on track to spend almost $1 trillion on interest payments alone in fiscal 2023, compared with less than $600 billion before the pandemic and around $425 billion in 2011 when SP lowered its rating for the US from AAA to AA<\/p>\n<p><a href=\"https:\/\/www.moneycontrol.com\/news\/economy\/take-fitch39s-downgradethe-us-seriously-not-literally_17161371.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>\n<p>\u200b\u00a0The Treasury is on track to spend almost $1 trillion on interest payments alone in fiscal 2023, compared with less than $600 billion before the pandemic and around $425 billion in 2011 when SP lowered its rating for the US from AAA to AA The Treasury is on track to spend almost $1 trillion on interest payments alone in fiscal 2023, compared with less than $600 billion before the pandemic and around $425 billion in 2011 when SP lowered its rating for the US from AAA to AA\u00a0\u00a0Moneycontrol Latest News\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/economy\/take-fitch39s-downgradethe-us-seriously-not-literally_17161371.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a>\u00a0\u00a0<\/p>\n<p><!-- \/wp:html --> The Treasury is on track to spend almost $1 trillion on interest payments alone in fiscal 2023, compared with less than $600 billion before the pandemic and around $425 billion in 2011 when SP lowered its rating for the US from AAA to AA<\/p>","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_monsterinsights_skip_tracking":false,"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[70],"tags":[],"class_list":["post-69247","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news"],"jetpack_featured_media_url":"https:\/\/www.moneycontrol.com\/news_image_files\/2021\/200x200\/C\/Credit-Rating_200.jpg","_links":{"self":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts\/69247","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/comments?post=69247"}],"version-history":[{"count":0,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts\/69247\/revisions"}],"wp:attachment":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/media?parent=69247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/categories?post=69247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/tags?post=69247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}