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After Aug. 2, the default deadline, the smell will go bad, quickly.
With the 2 August default deadline getting closer, the pressure will increase for a deal, any deal.
The default deadline is Aug. 2. Still, a leading Democrat said the two parties were coming closer together on the debt limit and deficit reduction.
America is hurtling toward the default deadline, on or around the 17th, having seen no sign of a real breakthrough over the weekend.
The potential default deadline of 2 August – next Tuesday – looms closer, and another day lost in arm-twisting and procedural wrangling does nothing to sooth the markets.
– that we are entering a new stage of a five-week-long war over the budget tied to a new default deadline.
Similar(42)
Given the looming Aug. 2 deadline for default if the debt ceiling is not raised, the proper term for this approach is blackmail.
In mid-May the government reached this limit, but, by shifting funds, the Treasury Department was able to forestall the anticipated deadline for default on the public debt until August 2.
On November 6th, Congressman, we got formal authorization from Stasia Kelly, who was then AIG's general counsel, to take over and see whether we could get those credit default swaps terminated by deadline.
Note that if you do not file an answer or motion before the deadline, a default judgment may be entered against you.
A masseur by trade and a shrink by default, Mitouer had one deadline-crunched screenwriter whose back went out because of the stress.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com