Birdwatch Note Rating
2023-04-20 13:39:47 UTC - HELPFUL
Rated by Participant: 07B3C465EA1D90022FAA9D43D26F201393AA721256A5525083A1B2C0B7EB12AC
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