Birdwatch Note Rating
2023-04-20 13:39:47 UTC - HELPFUL
Rated by Participant: 1790FE63476E86DA7459143811994AEF7E7D61620C88D92DAC4CC09E0F8F1982
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