Re: S&P downgrades the US's credit rating...due to the SIZE of the debt.
Our government is in a $15+ Trillion dollar hole because of those who want to continue to borrow money, not because of those who want to stop it.
Had the Tea Party gotten their way, we'd still have a AAA+ rating. The S&P said we needed to make at LEAST $4 Trillion in cuts. The Tea Party wanted $6 Trillion in cuts, or 50% MORE than what S&P was calling for. The Democrats wanted $1 Trillion or less in cuts. The "compromise" from the idiots Obama, Boehner, and McConnell was $2 Trillion in cuts, or 50% LESS than what S&P was calling for.
It's the deficits, Stupid!