Birdwatch Note Rating
2023-04-19 15:53:57 UTC - HELPFUL
Rated by Participant: 8CE483E4BEB7CBC8B67E0F2631F5D3A51E19A07DF7123937AE05D33F1AE0A794
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