Birdwatch Note Rating
2023-06-04 20:08:28 UTC - HELPFUL
Rated by Participant: D3796CF14A8C4FDE0E1F2E8A4464CF66599F7505A6908BF781BE65E69B77D66F
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