Birdwatch Note Rating
2023-04-19 14:46:26 UTC - HELPFUL
Rated by Participant: 6BB6FC5E409AF2782341F0AF247828E9AE6344E5AD397375C77D2C25B7DEBEF5
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