US Treasury says the Fitch warning reinforces need for debt limit hike

From Fitch:

• Fitch ratings place USA on rating watch negative

US Treasury statements:

• Brinkmanship over the debt limit does serious harm to businesses and American families, raises short-term borrowing costs for taxpayers, and threatens the credit rating of the united states
• Tonight’s warning underscores the need for swift bipartisan action by Congressto raise or suspend the debt limit and avoid a manufactured crisis for our economy

White House statement too:

• says Fitch rating reinforces need for US congress to quickly pass bipartisan agreement to avoid debt default