Birdwatch Note Rating
2024-08-17 00:23:40 UTC - NOT_HELPFUL
Rated by Participant: D3A37A4A0F53E06B739AFAA11E911F99DA202A55D60B1060F367C8662BDB2502
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