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Bachmann: Obama "Has Destroyed The Credit Rating Of The United States"

Bachmann: "This President has destroyed the credit rating of the United States through failed economic policies and his inability to control government spending by once again raising the debt ceiling.

"We were warned by all the credit agencies that a failure to deal without the debt would lead to this downgrade in our credit rating. Instead, the President submitted a budget that had a $1.5 trillion deficit then he requested a $2.4 billion black check after that.

"President Obama is destroying the foundations of our economy one seam at a time. I call on the President to seek the immediate resignation of the Treasury Secretary, Tim Geithner and to submit a plan which list his lists of cuts that balance the budget this year, turn the economy around and put our people back to work. I'm very concerned that this administration tomorrow might look for anyone else to blame. They may blame the Tea Party, they may blame the ratings agency or anyone else. They knew this was coming, but they didn't write a plan and they still don't have a plan," Presidential candidate Rep. Michele Bachmann (R-Minn.) said to Greta"On the Record."

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