Birdwatch Note Rating
2023-04-19 16:23:08 UTC - HELPFUL
Rated by Participant: EDFD3AEC94BBBECA83CE96BBC18F17608E4E9100C06BF3A7F224886B0081D4C6
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