Birdwatch Note Rating
2023-04-19 14:50:03 UTC - HELPFUL
Rated by Participant: 9D7CFBDED8E757C04548CFF8F5FA5E65EF9C728544952F355967CC7F220C2565
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