How Much Does a U.S. Credit Downgrade Cost? Katie Pavlich | @KatiePavlich | Posted: Aug 08, 2011 1:21 PM Share Tweet The CATO Institute breaks it down and yes, spending is the problem. Tags: Credit Rating credit downgrade Is This Why Jim Acosta Went to CPAC? Matt Vespa Here's What Ted Cruz Is Doing to Keep Democrats from Packing the Supreme Court Bronson Stocking Leftist Mobs Damaged a Lot More Than Capitol Rioters Did Bronson Stocking What a Biden Adviser Privately Said About COVID and the 2020 Election Matt Vespa FDA Panel Recommends Johnson & Johnson's One-Dose COVID Vaccine for Approval Bronson Stocking Checkmate: Fox News Reporter Corners Psaki on Biden Administration Putting Kids in Cages Matt Vespa SHOW COMMENTS CARTOONS | AF Branco View Cartoon Most Popular Is This Why Jim Acosta Went to CPAC? Progressives are Having a Meltdown Because Joe Biden Bombed Syria. Please Tell Me You're Joking, Right? Here's What Ted Cruz Is Doing to Keep Democrats from Packing the Supreme Court