Birdwatch Note Rating
2023-04-19 16:07:04 UTC - HELPFUL
Rated by Participant: 045B78CB9F25CAFB285D5187925C2E3CCACEED736F10608572DC7F5ED38C7BD2
Participant Details
Original Note:
"The debt limit does not authorize new spending commitments. It allows the government to finance existing legal obligations that Congresses and presidents of both parties have made in the past. Failing to increase the debt limit would have catastrophic economic consequences." https://home.treasury.gov/policy-issues/financial-markets-financial-institutions-and-fiscal-service/debt-limit
All Note Details