Birdwatch Note Rating
2023-04-19 15:26:41 UTC - HELPFUL
Rated by Participant: 0D4FEDE1FEAEE4536A4ADD14EB9AEE1B2D946EA4297B9CB7C6E190FDE6B294AF
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