Birdwatch Note Rating
2023-04-19 15:29:31 UTC - HELPFUL
Rated by Participant: 8AFD4981DDEF60A14CAE0F975DED50D7610FA536CCF9ADE4C94EC6743D0908E1
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