Birdwatch Note Rating
2023-04-19 15:43:53 UTC - HELPFUL
Rated by Participant: EFC5B1FBF2FE7222E09870BDA19ED1ABC66188947C6332D40463E661ABE20AEB
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