Birdwatch Note Rating
2023-04-19 15:50:43 UTC - HELPFUL
Rated by Participant: AEF47F9736CD90F8902B82B15321F9B0A8E5E5C7C15AF6E72BEBCE91F7C05747
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