Birdwatch Note Rating
2023-05-23 11:20:24 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 11464D91BB8596C68338C4FA1D065E44DDF3473349299593693130B5012CA6FD
Participant Details
Original Note:
Cause of the potential default is not the President but the Republicans who insist on large budget cuts to safety net programs to raise the debt ceiling, except these cuts will have zero effect on needing to raise the debt ceiling because it's money we already spent. https://home.treasury.gov/policy-issues/financial-markets-financial-institutions-and-fiscal-service/debt-limit https://www.reuters.com/world/us/amid-us-debt-ceiling-standoff-senate-democrats-dissect-republican-plan-2023-05-04/ https://www.cbpp.org/blog/republican-debt-ceiling-and-cuts-bill-would-cost-states-and-local-communities-13-trillion
All Note Details