Birdwatch Note Rating
2022-10-30 00:40:54 UTC - HELPFUL
Rated by Participant: 0D16FA46E2E747F420075F7E260064A62E8BD0D75F849A1E4361D0CC0C7D33E8
Participant Details
Original Note:
While the deficit was smaller in 2022, it "fell" only in comparison to historic deficits required to deal with the COVID pandemic. It's the 4th highest deficit in US history; 40% larger than 2019, and was significantly larger due to Biden's student loan forgiveness program. https://www.cnbc.com/2022/10/21/us-budget-deficit-cut-in-half-for-biggest-decrease-ever-amid-covid-spending-declines.html https://fred.stlouisfed.org/series/FYFSD
All Note Details