Birdwatch Note Rating
2023-04-19 16:09:24 UTC - HELPFUL
Rated by Participant: 6B82F66C1DB3B63E7868B2B2895747BEF6CAC487883EE549D1144DD66FADB2AD
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