Birdwatch Note Rating
2023-04-19 16:27:23 UTC - HELPFUL
Rated by Participant: 2ABBD96A9F6BCD1004E04415A2062FF88A02031C2057098375B62558F664698B
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