Birdwatch Note Rating
2023-05-23 13:55:04 UTC - HELPFUL
Rated by Participant: 7FFBC4E0165B954E40E9727B3A534602EE0A4A5E1B39FA726E6D546912036C7C
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