Birdwatch Archive

Birdwatch Note

2023-04-17 09:29:59 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

A debt ceiling increase is to pay for monies already spent. It is in no way similar to a credit card but if it was this would be like not paying your credit card bill, not getting a card limit increase. Not paying it could lead to possible catastrophic outcomes for the US . https://www.google.com/amp/s/www.brookings.edu/2023/01/19/7-things-to-know-about-the-debt-limit/amp/

Written by 402B540523477342514CCBFB8666A02B089D96DD1F4F411E97879DB801B9D532
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• noteAuthorParticipantId - 402B540523477342514CCBFB8666A02B089D96DD1F4F411E97879DB801B9D532 Participant Details
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• classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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• summary
• A debt ceiling increase is to pay for monies already spent. It is in no way similar to a credit card but if it was this would be like not paying your credit card bill, not getting a card limit increase. Not paying it could lead to possible catastrophic outcomes for the US . https://www.google.com/amp/s/www.brookings.edu/2023/01/19/7-things-to-know-about-the-debt-limit/amp/