Birdwatch Note Rating
2023-04-19 15:05:21 UTC - HELPFUL
Rated by Participant: 2C313B6B1089F8890ADDF60AB55EEC57823FE84B47292FAE909C60AAF51DF144
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