Birdwatch Note Rating
2023-04-19 14:45:07 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 2F1E148E62276FF995A4480A9B87C1F2CAAFC522D4E432927F446677D1ACD5FE
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