So let's first walk through the first concept. How many of you remember a little while back, I think it was S and P, or was it Moody's? Maybe Moody's downgraded US Debt. We've had two downgrades of the three large rating agencies. We've been downgraded twice. Now, I know every member of Congress and all of our staff read every word of it, but if you actually read it, there's an entire report about why they would downgrade US Debt. (01:49–01:56)
CLAIM
Asserts that the U.S. has been downgraded twice by major credit rating agencies.
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