ABSTRACT

Remarks by the President [August 8, 2011]   [open pdf - 20KB]

In his August 8, 2011 remarks, President Obama announces that the United States has received a downgrade from its AAA credit rating by one of the credit rating agencies. Obama continues on to mention that the main reason behind this downgrade is the inability of the United States to take action during the debt ceiling crisis; however, Obama also says that the markets do not appear to be affected by this downgrade. In the rest of his remarks, Obama reassures American citizens that he and congress will work to pass legislation that will strengthen the economy and job market.

Author:
Publisher:
Date:
2011-08-08
Copyright:
Public Domain
Retrieved From:
White House: http://www.whitehouse.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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