Rep. Jason Chaffetz (R-UT) says that the tea party should not be blamed for the political brinkmanship that led to S&P's downgrade of U.S. credit because they have bent over backwards to compromise.

"We have actually done a lot of compromising," Chaffetz told ABC's Christiane Amanpour Sunday. "Remember, it was the tea party that really spurred -- I was the primary sponsor of 'Cut, Cap and Balance.'"

"Wait a minute," former Obama administration "Car Czar" Steve Rattner interrupted. "'Cut, Cap and Balance' was not a compromise."

"Yes, it was," Chaffetz replied. "It was a raising of the debt ceiling by $2.4 trillion. And what is wrong in this country is that we aren't willing to have the discussion about a balanced budget amendment."

CNN's Jeanne Sahadi noted at the time that "Cut, Cap and Balance" exacerbated the problem.

"For starters, since the bill isn't expected to go anywhere in the Senate, lawmakers are wasting precious time needed to pass a debt ceiling increase before Aug. 2," she wrote.

In the end, Chaffetz did refused to compromise and vote for the final bipartisan compromise that raised the nation's debt ceiling.

Watch this video from ABC's This Week, broadcast Aug. 7, 2011.

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