Birdwatch Note Rating
2023-05-29 20:03:39 UTC - HELPFUL
Rated by Participant: 98FA0CEBD1C90243F10784AFEDCA192D8BF10C853DC16B0885E9EA3F985A264D
Participant Details
Original Note:
The debt limit deal does not cut spending. Rather, it limits the increase of spending. According to yahoo finance. It will “keep overall non-defense spending largely at current levels into next year. Then, in 2025, there will be a small 1% increase in spending.” https://finance.yahoo.com/news/biden-and-mccarthy-have-a-debt-ceiling-deal-heres-whats-in-it-123629857.html https://amp.cnn.com/cnn/2023/05/27/politics/whats-in-the-debt-ceiling-deal/index.html https://www.wsj.com/articles/whats-in-the-debt-ceiling-deal-461b9822
All Note Details