Birdwatch Note Rating
2023-04-20 15:28:22 UTC - HELPFUL
Rated by Participant: EB4A20C6DBCF0A3F085DC66099B541AB0506DA0B3FBF0D8B021CE67B0A9CF25C
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