Birdwatch Note Rating
2023-04-19 14:54:14 UTC - HELPFUL
Rated by Participant: 422E401FC665E95E26999477B8B7E20AAB6A6F5BA717FEEDCA8498D63BDD18D5
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