Birdwatch Note Rating
2023-04-21 08:38:52 UTC - HELPFUL
Rated by Participant: B8EECDE57197A8FA658F1CD174F47A759D7624D8EAE04443EB216176270F92FD
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