Birdwatch Archive

Birdwatch Note Rating

2024-08-16 18:17:20 UTC - NOT_HELPFUL

Rated by Participant: 6C1710E7044CFDFCD530F1DC75FA5EE6CD67E64E5FFF13C170C7AD17FE0A70D3
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.

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All Information

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