Birdwatch Note Rating
2023-04-19 15:12:33 UTC - HELPFUL
Rated by Participant: C29099C77C247F1E9101B7517A87E9051DC12D05EF950DDE764AEFB1D276AAD8
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