Birdwatch Archive

Birdwatch Note Rating

2023-01-18 11:57:42 UTC - NOT_HELPFUL

Rated by Participant: 8A21645CA58CE44923062E8CD4B085CABED347B252C2E0B344152721428A9489
Participant Details

Original Note:

Though used interchangeably, debt and deficit have differences. The projected deficit for the U.S. was about $3 trillion in 2021. Deficits don't rely on principle or interest. Debts are money owed; 31.1 trillion in 2022. https://www.investopedia.com/articles/personal-finance/081315/debt-vs-deficit-understanding-differences.asp

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All Information

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