Birdwatch Note Rating
2023-04-19 15:25:57 UTC - HELPFUL
Rated by Participant: C7055C586F678D63B633347F966E9D37A3430570994BC2D1254F683E0E5FA2AD
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