Page 23 - August 10 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

That's hard target of august 2 has in fact become a soft target. it's more like august 10 because a great deal of extra tax money came in which gives us more money to spread around and spread out that target date a little longer. so it's a soft target date of august 2. bill: some people say sit could be late august or september or october. >> reporter: we are assuming that ben bernanke would allow the treasury to bounce a check, that would do nothing. he would stand by, the treasury bounces a check and we default. i submit that is out of the question. there is no way a chairman of the federal ...

Payments. >> give me that august soth dead looirn. there are those, washington insiders as well as economic analysts, who say as much as we talk about august 2nd from some washington perspective and white house perspective, it's really august 10 that's the day we're worrying about. >> exactly. so treasury has stuck with the august 2nd date. that was their initial predicted date when they would actually not be able to send bills out. it turns out that that date is probably a little bit closer to the 10th because of higher than expected receipts, but they're going to have a couple big social sec...