Birdwatch Note Rating
2023-04-19 17:08:19 UTC - HELPFUL
Rated by Participant: C4243C59B5041E2D79A1EE9485A692CFD2E11920663EC61DB848CECBD7F6D057
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