Birdwatch Note Rating
2023-04-20 22:29:59 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 508E66AE15AD38D85FD07F6060628057401C31BEF849D70D1B3FEB2EF84F1E0B
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