Birdwatch Note Rating
2023-05-07 01:18:43 UTC - HELPFUL
Rated by Participant: F67F31D0BC547A383895F22DC6D3F1D7838B539106DB0128D2A383EA61CB515B
Participant Details
Original Note:
Biden’s ten year budget would add $17.054 trillion (T) to the national debt. See Table S-1 on p. 135 of his budget: https://www.whitehouse.gov/wp-content/uploads/2023/03/budget_fy2024.pdf. The $3T deficit reduction claim is relative to a prior @USCBO baseline estimate & would be created by $5.5T in new taxes & $2.3T in additional spending. https://www.ntu.org/foundation/detail/whats-in-president-bidens-2024-budget-an-overview-and-analysis#:~:text=President%20Biden's%20budget,GDP%20in%20CBO's%20baseline
All Note Details