The decision by S&P is the latest consequence of the out-of-control spending that's taken place in Washington for decades. The spending binge has resulted in jobs destroying, economic uncertainty, and now threatens to send destructive ripple effects across our credit market.
Boehner blames out-of-control spending in Washington for the downgrade of America's credit rating.
Share
More from John Boehner
Even though I didn`t really want to go the direction where the team`s gone, they were the ones who elected me to be the leader, and I had an obligation to go lead them.
For a bill that was supposed to be about jobs, jobs, jobs, has turned into a bill that`s all about spending, spending, and spending.
This bill is the greatest threat to freedom that I have seen in the 19 years I have been here in Washington.
I think there’s a point here where the American people are wondering, is the president above the law? The president could have put this whole issue behind us, not put the country and the world through this misery, if he had just told us…
Other voices in this conversation
