Birdwatch Note Rating
2023-04-19 14:45:20 UTC - HELPFUL
Rated by Participant: 129A44ACD458ADF947BE613646865F1BAA5540CF2CEBA0229F7598E9EB9CEEAC
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