Fitch Downgrades US Credit Rating From AAA To AA+

The US government's credit rating has been downgraded following concerns over the state of the country's finances and its debt burden. From a report: Fitch, one of three major independent agencies that assess creditworthiness, cut the rating from the top level of AAA to a notch lower at AA+. Fitch said it had noted a "steady deterioration" in governance over the last 20 years. US Treasury Secretary Janet Yellen called the downgrade "arbitrary". It was based on "outdated data" from the period 201