Birdwatch Note Rating
2023-04-20 02:14:23 UTC - HELPFUL
Rated by Participant: 58CA1408B13C5B0678DF6B3716DE9B10049EF6E94B8BD84A178B646F069F0402
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