Birdwatch Note Rating
2023-01-24 15:27:44 UTC - HELPFUL
Rated by Participant: FAAB934996CEB19B46F97A54C5DD68468E6FC54E15AF2F7A34DA6F75881701D5
Participant Details
Original Note:
The debt ceiling, established in 1939, is as real as any other law passed by Congress and is part of the US code. The US treasury may not legally incur debt beyond the dollar amount specified in the law. https://www.law.cornell.edu/uscode/text/31/3101 https://home.treasury.gov/policy-issues/financial-markets-financial-institutions-and-fiscal-service/debt-limit
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