Birdwatch Note Rating
2023-04-20 05:37:12 UTC - HELPFUL
Rated by Participant: A6F057E5B572E1BF6A5277E997EF31195A2169BA2AD2CAE1132FADB06162B126
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