Clyburn Statement On S&P Downgrading America's Credit Rating

Aug 6, 2011 Issues: Congressional Issues, Spending Cuts and Debt

WASHINGTON, DC—Assistant Democratic Leader James E. Clyburn today issued the following statement on the S&P decision to downgrade America's credit rating to AA+:

"The American people need the Republicans to stop their reckless and irresponsible political games that led to this unfortunate downgrade.  They have repeatedly walked away from the negotiating table whenever the two sides got close to a balanced blend of both spending cuts and revenue raisers.  Congress needs to work together across party lines to develop policies that will create jobs, grow the economy and provide opportunities for working people while we put in place a common sense plan to get our nation's books in order."