Birdwatch Note Rating
2023-04-19 17:50:37 UTC - HELPFUL
Rated by Participant: 9F2764EA8E91D7838438725D6773E67D31744C9F14318E22D892E8FDA549A896
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