Birdwatch Note Rating
2023-01-15 15:28:19 UTC - HELPFUL
Rated by Participant: F82C778A4B306674BC7A6549776837809CD5E05851527BCBCABDEF47A4F6244B
Participant Details
Original Note:
COVID-driven deficits in both FY20 & 21 were roughly double the previous record, making the drop in FY22 sizeable. But the FY22 deficit ($1.38T) is still the 4th largest in history and is 41% larger than FY19. https://fiscaldata.treasury.gov/americas-finance-guide/national-deficit/ CBO cost estimate on House bill: $114B total over 10 years. https://www.cbo.gov/system/files/2023-01/hr23_IRS.pdf
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