Birdwatch Note Rating
2023-04-19 15:30:38 UTC - HELPFUL
Rated by Participant: B350858014908FEFC898D868D4578B1AC278F34E65A8DE0BB3DD452C2AF41FBD
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