U.S. President Joe Biden speaks during an event announcing a new White House Office of Gun Violence Prevention, in the Rose Garden of the White House in Washington, D.C., Sept. 22, 2023.
WASHINGTON — President Joe Biden on Tuesday asked Congress in a social media post to fund the government as warnings grew that a looming shutdown could harm the U.S. credit rating and dollar.
"There's a small group of extreme House Republicans who don't want to live up to that deal," Biden said in the video, posted on X, formerly known as Twitter.
Moody's, the only major credit rating agency to still give U.S. sovereign credit a top AAA rating, on Monday said a shutdown would affect that rating.
Another major credit rating agency, Fitch, last month downgraded the U.S. long-term foreign-currency issuer default rating.
Persons:
Joe Biden, Biden, I'm, Wells, Fitch, Moody's
Organizations:
White, Washington , D.C, WASHINGTON, Tuesday, Biden, Republicans, Representatives, Republican, AAA, U.S
Locations:
Rose, Washington ,, America