CNN's Kaitlan Collins confronted Rep. Tim Burchett regarding the recent downgrade of the U.S. credit rating by Moodyâs from AAA to AA1. This change, linked to rising deficits and potential tax cuts, sparks a debate about fiscal responsibility in the current budget discussions. Burchett acknowledged his concerns about the credit rating but attributed much of the deficit increase to the Biden administration. He argued that while Trump's plan could add significantly to the deficit, it is meant to slow down the economic degradation.
"I know you care about that. Are you worried about that tonight?" COLLINS: "Yes, I've never said that. I think I've raised questions about how Republicans are going to achieve their goals."
"Yes. COLLINS: I know you care about that. Are you worried about that tonight? BURCHETT: I am."
"But under Joe Biden, every 100 days, we added a trillion dollars. So you figure, 400 days, that's $4 trillion." BURCHETT: "He's actually slowing the rate of our degradation down, if you will."
"Does it go as far as I want? No, it doesn't. But that's just the way it works." BURCHETT: "Not everybody's going to be as conservative as I am."
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