Birdwatch Note Rating
2023-04-19 15:34:07 UTC - HELPFUL
Rated by Participant: 8A3D878274824B44855120A949FBEE5FEB6FEA393C8306C09556FC530B9A3979
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