Birdwatch Note Rating
2023-04-19 15:30:38 UTC - HELPFUL
Rated by Participant: 815B5330E0B816E8DB98BF562911DED82584FD75C5B025C316AEE47788913AE7
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