US Debt Downgrades Will Keep Coming

US debt downgrades will be common given the Congressional Budget Office Projections. The United States' debt was downgraded to AA+ from AAA by Fitch, who cited fiscal deterioration, high & growing gov't debt burden, & erosion of governance relative to AA & AAA rated peers over the last 2 decades that has manifested in repeated debt limit standoffs & last-minute resolutions.