Birdwatch Note Rating
2023-04-19 17:41:10 UTC - HELPFUL
Rated by Participant: A541E3C968C3D263A47817D6366D7DE77F390FF3950CAB8A462544AD956DCEDE
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