welch said of republicans, i hope majority leader cantor and those in congress seizing upon debt ceiling pressure as a leverage opportunity are listening to the markets today and thinking twice about their risky strategy. the markets have doubts about america s ability to get its fiscal house in order, and they re right. if mr. cantor persists in playing politics, with the debt limit, he will be held accountable for unleashing the financial hounds of hell. what does it mean the u.s. government has had its outlook dropped by a major ratings agency? cnbc s steve sedgwick is live to explain. good morning, steve. good morning, willie. at the moment, it doesn t mean an awful lot. a lot of people are saying, it s a shot across the bows, hopefully galvanizing opinion and getting the politicians working on a common number and enacting the plan. the problem is it s been seen really in europe, if you don t act and act swiftly and seem to be succeeding in your plan to get the debt down, the r