Birdwatch Note Rating
2024-08-17 15:15:03 UTC - NOT_HELPFUL
Rated by Participant: 9D7680DB425F8B7CDE1097462E50B9278F272D423DB6EF954296F1032A15D916
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