Rep. Flake: Additional Downgrades of U.S. Credit Rating Possible Without Further Cuts to Federal Spending


FOR IMMEDIATE RELEASE: August 8, 2011
CONTACT: Genevieve Frye Rozansky

Deeper Spending Cuts Needed to Restore AAA Credit Rating

Mesa, Arizona – Republican Congressman Jeff Flake, who represents Arizona’s Sixth District, today released the following statement on Standard and Poor’s downgrade of the United States government’s credit rating and it’s warning that additional downgrades are possible if further spending federal spending cuts are not made.

“This will only be the first of possible future downgrades for the U.S. credit rating if we don’t make more significant cuts to federal spending immediately,” said Flake. “The only way we’re going to regain our AAA rating is to make immediate and significant spending cuts in order to curb our long-term budget deficits and debt.” 

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Comments

  1. Oberserve says:

    Um, duh, (REAL) conservatives have been saying this for close to 20 years now.

    Little late to the party, Jeff?

  2. MesaConservative21 says:

    What? Oberserve. Flake has been fighting tooth and nail to cut spending since he arrived in Washington. In fact, not even Ron Paul, can match that record. So, he has been saying that for a long time.

    Flake is a real conservative….not someone who likes to use the term yet is constantly trying to get “pork.”

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