U.S. voters weigh in on the Biden economy and latest credit rating downgrade on Fox Square in a"Varney & Co." appearance on Wednesday, August 2, 2023.led the charge in pushing back on the rating in a statement on Tuesday, claiming that old data was used and credit conditions have improved under the Biden administration. She put additional onus on Trump-era woes.
"Fitch’s quantitative ratings model declined markedly between 2018 and 2020 – and yet Fitch is announcing its change now, despite the progress that we see in many of the indicators that Fitch relies on for its decision," Yellen's statement said.
"[Bidenomics] hasn't been working since the first day he took office," another voter Gene told Brenberg. "This doesn't overly concern me as far as the credit rating, but it's not good for the confidence of the economy in general."
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