Birdwatch Note Rating
2022-08-16 16:13:39 UTC - HELPFUL
Rated by Participant: 0AB689C453F1E569091558B03440721F
Participant Details
Original Note:
The $740B number is the amount of revenue the act will raise, and $430B is the amount that will be spent. This act will actually reduce the federal deficit by ~$300B. This tweet is misleading because it might lead readers to believe the act will print $740B dollars. https://www.democrats.senate.gov/imo/media/doc/inflation_reduction_act_one_page_summary.pdf
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