Karoline Leavitt Reacts To Moody's Downgrading The United States' Credit Rating Over Federal Debt

At a White House press briefing on Monday, Press Secretary Karoline Leavitt was asked about Moody's slashing the US's credit rating.

Transcript

00:00doing that. Edward. Yes, thanks. And then I'll go to you. You're awesome. I want to get the

00:04President's reaction to Moody's downgrading the credit rate, credit rating of the United States.

00:09Sure. Well, look, the President talked about this over the weekend. The Secretary of Treasury

00:14also talked about it. When you look at the world, the world has confidence in the United States of

00:19America and our economy once again. The President just last week secured trillions of dollars in

00:25investments from countries in the Middle East. We have seen trillions of dollars of investments

00:29flowing into our economy since the President took office. That is because America or people

00:36around the world have confidence in the United States of America. And if you also just look at

00:40the raw economic data that we're seeing last week when we were out of town, inflation dropped once

00:44again. Oil prices are dropping. Gas prices are dropping. The President has added nearly a half

00:49million jobs to the American economy already. So there's a lot of optimism in this economy,

00:54and the President disagrees with that assessment. And I want to ask you one more thing, if I could.