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Kerry: ‘Tea Party Downgrade’



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On Meet the Press this morning, Sen. John Kerry (D., Mass.) blamed Tea Party House members for the S & P’s downgrade.

“I believe this is, without question, the Tea Party downgrade,” Kerry said. “This is the Tea Party downgrade because a minority of people in the House of Representatives countered the will of even many Republicans in the United States senate who were prepared to do a bigger deal, to do $4.7 trillion dollars, $4 trillion dollars, have a mix of reductions and reforms in Social Security, Medicare, Medicaid, but also recognize that we needed to do some revenue.”

Kerry said the key issue was the long-term debt caused by Medicare, Medicaid, and Social Security. 

“What we need is a Washington that stops this bickering,” he continued. “Let’s get rid of these hard positions that I noticed even in Speaker Boehner’s comments about the downgrade, politicizing it in a sense, sort of blaming it on the Democrats and the lack of the decisions.”

“Barack Obama put a $4.7 trillion deal on the table,” Kerry said. “Three times he was refused that deal because there were some people in the Republican pary, and Mitch McConnell even admitted this, who wanted to default. He said there were some people in his party who were willing to shoot the hostage. In the end, they found out that the hostage was worth ransoming.”

He said that he believed some of his Senate colleagues, including John McCain, would be willing to “be serious” about coping with the debt crisis.

Video (starts around the 40 second mark):



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