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‘Shark Tank’ Star Refuses to Sugarcoat Downgrading of US Credit Rating: ‘It’s Bad’

Too much spending and too little leadership led Fitch Ratings on Tuesday to downgrade the federal government's credit rating, leading “Shark Tank” star Kevin O’Leary to comment, “It’s bad.” Fitch Ratings set the long-term foreign currency issuer default rating to AA+, down from AAA, according to CNBC. “The repeated debt-limit,...

Too much spending and too little leadership led Fitch Ratings on Tuesday to downgrade the federal government’s credit rating, leading “Shark Tank” star Kevin O’Leary to comment, “It’s bad.” Fitch Ratings set the long-term foreign currency issuer default rating to AA+, down from AAA, according to CNBC. “The repeated debt-limit,…

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