NEW YORK The United States is facing "significant" tax-and-spend challenges this year that are unlikely to be swiftly resolved by Congress, the ratings agency Fitch has said, flagging a recent "deterioration" in governance. Congress has had frequent battles in recent years over the best way to tackle growing spending commitments, with lawmakers divided over whether to tax more, spend less, or do both at the same time. That is unlikely to change with the return of President-elect Donald Trump.

Tag-uri: Donald Trump