It's just utter nonsense. It's just like Chuck Schumer to create a crisis and then point fingers of blame. This is the Biden spending spree that got us in this mess. Moody's is not incorrect, but that's why that emphasizes the very need for the legislation. We're talking about historic spending cuts. I mean, this will help to change the trajectory for the US Economy and send that message of stability to our allies and even our enemies around the world. (07:40–07:46)
CLAIM
Asserts that Moody's assessment of the US government's financial situation supports the need for new legislation.
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