Tweet from John Dean re: not 8/2 but 8/10?

[housewolf]

It seems Aug. 2 is not default day, rather Aug. 10 per @nyt http://nyti.ms/rkvzic

So this #debtceiling agony may go one even longer.

Here's the article he referenced:
http://www.nytimes.com/2011/07/27/us/politics/27date.html?_r=1&src=un&feedurl=http://json8.nytimes.com/pages/politics/index.jsonp

U.S. May Have Way to Cover Bills After Deadline, for Week
By BINYAMIN APPELBAUM
Published: July 26, 2011

WASHINGTON — It turns out the federal government is sitting on some extra cash

Thanks to an inflow of tax payments and maneuvering by the Treasury Department, the government can probably continue to pay all of its bills for several days after Aug. 2, providing potentially critical breathing room for Congress to raise the debt ceiling, according to estimates by several Wall Street banks and a Washington research organization.

The consensus is that the government will not run short of money until Aug. 10, when it would be unable to cut millions of Social Security checks without borrowing more money.

more....

[ejpoeta]

1. they keep changing these default days, people are going to start thinking they are full of shit.

[Historic NY]

2. Damn my check comes on the 20th.