Birdwatch Note Rating
2023-04-19 17:40:23 UTC - HELPFUL
Rated by Participant: E3767AD836DDA493003D7A7A5438EDD602ECB9F799062BC80428653731DE7509
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