Birdwatch Note Rating
2024-08-18 04:20:30 UTC - NOT_HELPFUL
Rated by Participant: 43E11EB5B61517D480622F398233F18B7B79C63677EE7E8DB9EF296E53BB9497
Participant Details
Original Note:
The US federal government does not print money to finance deficit spending. Deficits in the US budget are filled by borrowing money by selling Treasuries, bonds, and other securities. https://fiscaldata.treasury.gov/americas-finance-guide/national-deficit/#:~:text=To%20pay%20for%20a%20deficit,investors%20who%20purchased%20these%20securities.
All Note Details