John Cornyn: “Moody's, which recently downgraded its rating of US credit…”

“The recent credit rating from Moody's underscores the importance of including these reforms in this particular legislation. Moody's, which recently downgraded its rating of US credit from AAA to AA1. And they pointed to our national debt, especially our growing entitlement spending, as. As a reason to lower our credit rating.” (06:28–06:36)

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