Alexander Statement on S&P Downgrade of Its U.S. Credit Rating

Posted on August 6, 2011

WASHINGTON – U.S. Senator Lamar Alexander (R-Tenn.) today released the following statement on Standard & Poor’s downgrade of the U.S. credit rating from AAA to AA+:

“This problem didn't happen overnight and it can't be fixed overnight, but the American people have a right to expect Congress to work across party lines to reduce the federal debt by at least $4 trillion over the next ten years.”

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