With 18 countries boasting a stronger credit rating than the United States of America, there is perhaps no single issue that is on the minds of more politically oriented Americans than what impact this will have on our future economic health.

And even those Americans who aren't politically motivated, many are wondering what these "downgrade" rumblings they are hearing about will do to their personal finances.  Will this greatly affect our future, and if so, in what way?

On Tuesday's show, Peter hosted financial planner and Congressional candidate Don Bates, Jr. to talk about the downgrade and what it means.

Hear the full interview here.