Birdwatch Note Rating
2023-04-19 15:49:29 UTC - HELPFUL
Rated by Participant: 2DC65D52AB40D0F872E9D918B8BFCCA789877D6631C8496370189A0C0FA7DDCE
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