It gives people a false impression for the using direction of national debt, because of the issuing regulation of national debt and special arrangement of double budget.

国债发行条例和复式预算的特定安排使得人们对国债资金的投向产生了错觉。

youdao

The idea that we have a debt and deficit problem is patently false.

FORBES: Suicide by Sequestration

This debt crisis is, like the last one, a false alarm.

FORBES: Portfolio Strategy | Crunch Mythology

Events on Sunday seemed to underline his point, when fans of two of the most heavily debt-laden clubs - Roma and Lazio - forced the referee to abandon the Rome derby after a false rumour that a child had been killed by police.

BBC: AC Milan football club