Birdwatch Note Rating
2023-04-19 16:09:55 UTC - HELPFUL
Rated by Participant: 9D63BA103D90D8A76C6AE87E7D28DC98DD609186A0BDB59AB7FE8975ADA24401
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