Congresswoman Barbara Lee Releases Credit Rating Statement
Washington D.C. – Congresswoman Barbara Lee (CA-09) today released the following statement regarding credit rating downgrade:
“The decision to downgrade our debt is not grounded in economic reality,” Congresswoman Lee said. “It is, however, an important indicator of how dangerous the political reality has become in Congress where the Tea Party held our economy hostage in the “default crisis” in order to push their extreme agenda.
“We need a balanced approach to deficit reduction that includes revenues and protects our nation’s safety net.”
Filed under: Politics