Birdwatch Archive

Birdwatch Note

2023-05-28 19:37:08 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

The debt limit deal does not cut spending. Rather, it limits the increase of spending. According to yahoo finance. It will “keep overall non-defense spending largely at current levels into next year. Then, in 2025, there will be a small 1% increase in spending.” https://finance.yahoo.com/news/biden-and-mccarthy-have-a-debt-ceiling-deal-heres-whats-in-it-123629857.html https://amp.cnn.com/cnn/2023/05/27/politics/whats-in-the-debt-ceiling-deal/index.html https://www.wsj.com/articles/whats-in-the-debt-ceiling-deal-461b9822

Written by 34852E7F72E3FA7FF5AC00EA809AF81DC2F28B8CB301309FE3E03FE16209F5E2
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• noteAuthorParticipantId - 34852E7F72E3FA7FF5AC00EA809AF81DC2F28B8CB301309FE3E03FE16209F5E2 Participant Details
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• classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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• summary
• The debt limit deal does not cut spending. Rather, it limits the increase of spending. According to yahoo finance. It will “keep overall non-defense spending largely at current levels into next year. Then, in 2025, there will be a small 1% increase in spending.” https://finance.yahoo.com/news/biden-and-mccarthy-have-a-debt-ceiling-deal-heres-whats-in-it-123629857.html https://amp.cnn.com/cnn/2023/05/27/politics/whats-in-the-debt-ceiling-deal/index.html https://www.wsj.com/articles/whats-in-the-debt-ceiling-deal-461b9822