Birdwatch Note Rating
2024-03-05 18:30:10 UTC - HELPFUL
Rated by Participant: 95DD59C6E9BD2B9E7DCE556964AB4E55200ACA981E250272DC949A314D7B5AC5
Participant Details
Original Note:
No, Congress does not directly spend Social Security reserves. Social Security is funded through payroll taxes, and these funds are deposited into the Social Security Trust Fund. Americans owe a total $1.13 trillion on credit cards, not 2 trillion. https://www.cbpp.org/research/policy-basics-understanding-the-social-security-trust-funds https://www.cnbc.com/2024/02/06/credit-card-balances-jump-to-new-1point13-trillion-record-at-end-of-2023.html
All Note Details