But they're caught by a minority of their majority who now dictate the outcome of where many of these positions go. So The result of the last standoff we had over the debt ceiling, our debt was downgraded. America's credit rating in the world was downgraded. Look at the strength of the American dollar today. Why is it in that position? I've never been anywhere where the world doesn't say we honor the American dollar. (02:28–02:40)
CLAIM
Asserts that the last debt ceiling standoff resulted in a downgrade of America's credit rating.
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