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 'Wait for the Facts': Gov. Cuomo Addresses Sexual Harassment Allegations Cortney O'Brien One Tweet Exposes Cuomo's Money Trail of Corruption Katie Pavlich Princeton Professor: No, Math Isn't Racist – But Wokeness Is Dangerous Guy Benson Gov. Noem Tells Gov. Abbott Why the Media Is Attacking Him Cortney O'Brien GOP Groups Pressure Democrat Senators Over Xavier Becerra as Confirmation Faces Hurdles Reagan McCarthy Display Cases Are Empty: February Gun Sales Hit Another Record Katie Pavlich SHOW COMMENTS CARTOONS | Lisa Benson View Cartoon Most Popular One Tweet Exposes Cuomo's Money Trail of Corruption Princeton Professor: No, Math Isn't Racist – But Wokeness Is Dangerous Gov. Noem Tells Gov. Abbott Why the Media Is Attacking Him