The US credit rating is down: What does this mean for Americans?

Fitch Ratings, one of three private credit rating firms, downgraded the U.S. credit rating from AAA to AA+ — the first time the country’s rating dropped since 2011. Professor of Economics Marco Airaudo, PhD, shared insights about why the U.S. credit rating is down and what this means for consumers with KYW Newsradio’s In Depth podcast.