Birdwatch Note Rating
2023-04-30 12:06:45 UTC - HELPFUL
Rated by Participant: DDC7C2B334678CDDAFAE53A52B1363D45B1E3491EC301DCD3BAE51D23818525C
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