Birdwatch Note Rating
2023-04-19 15:07:52 UTC - HELPFUL
Rated by Participant: 90A0898CC0006408D4042A47F574C49541B0C2EEC46ADACD80E8439E03207AF8
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