Birdwatch Note Rating
2023-06-04 22:48:34 UTC - HELPFUL
Rated by Participant: 008204E1CEA9D21BD0D95F6C4E426AF9A0C9377C6DD27BB98DC6157FBBEE8826
Participant Details
Original Note:
Biden’s lowest fiscal year (FY) deficit ($1.38T) is 41% higher than Trump’s highest non-COVID year deficit (0.98T). https://fiscaldata.treasury.gov/americas-finance-guide/national-deficit/#:~:text=Federal%20Deficit%20Trends%20Over%20Time FY23 deficit is expected to be $1.41T. The new agreement lowers FY24-33 deficit sums from $20.3T (https://www.cbo.gov/system/files/2023-02/58848-Outlook.pdf) to $18.7T (https://www.cbo.gov/system/files/2023-05/hr3746_Letter_McCarthy.pdf) National debt has grown $3.7T under Biden. https://fiscaldata.treasury.gov/datasets/debt-to-the-penny/debt-to-the-penny
All Note Details