Birdwatch Note Rating
2023-04-19 16:26:18 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 7E016C254FD9B6B0AC79EF2C7778C351503F76AEB59ABC569C3BBE638FEA5E9C
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