Tuesday, August 09, 2011

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


August 8, 2011



For Immediate Release


Press Contact: Genevieve Frye Rozansky


(202) 593-1202






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


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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Washington Office:


240 Cannon House Office Building Washington, DC 20515


Phone: (202) 225-2635
Fax: (202) 226-4386






District Office:


1640 South Stapley Suite 215 Mesa, AZ 85204


Phone: (480) 833-0092
Fax: (480) 83-6314

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