Birdwatch Note Rating
2023-04-19 14:46:17 UTC - HELPFUL
Rated by Participant: 26E0EE4731145AC168FA5AF70F2B50E9F58BFC8D617A694F38FE14D05C587C3F
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