Tom Coburn: "No doubt" U.S. credit rating will be downgraded again

“S&P’s downgrade on us was right, matter of fact we’re going to get another downgrade. I can tell you right now, you can have a great legal case for suing the rating agencies for not downgrading us again because we have not demonstrated the political will to solve the problems,” said Coburn on CBS’s midweek show “Face to Face,” posted online Wednesday.

The Oklahoma senator told CBS that he has “no doubt” that there will be an additional downgrade of U.S. credit in the future.

The United States suffered the first downgrade to its credit rating in history when Standard & Poor’s reduced the nation’s rating from AAA to AA+ last August.

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