Birdwatch Note Rating
2023-02-11 22:57:46 UTC - HELPFUL
Rated by Participant: ACBEC3B59C6D6DD646DD01F2C566FF8D5C4E648B9C85100EDC5F5E97982A6277
Participant Details
Original Note:
As 2020 COVID spending expired the CBO projected the deficit would decline $875B in 2021, however, due to new spending and policies it only dropped $360B. CBO projected combined budget deficits for 2021-22 would be $3.31T but it was $4.15T, $840B more debt than expected. https://fiscaldata.treasury.gov/americas-finance-guide/national-deficit/#us-deficit-by-year
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