Jasmine Crockett: “Our credit rating was recently reduced.”

“I mean, you know, the safest thing that you can ever have is a bond, allegedly, at least in the United States. And we know even the bond markets are being shaken. We know that Our credit rating was recently reduced. which for everyone watching at home, what that means is that when your credit score drops from above 800 and drops down, say, into the 600, that means that your debt is going to cost you more money.” (07:35–07:39)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.