Another article indicating August 2 is D-Day - when... According to The Wall Street Journal, if the borrowing limit does not increase by then, it "could mean stopping or limiting not only interest payments to debt holders, but also Social Security and Medicare payments, unemployment benefits, tax refunds and money owed to government contractors."
And just think of the David Brooks columns.
Where were you when the USA reached its debt ceiling? http://www.vanityfair.com/online/daily/2011/05/where-were-you-when-the-us-hit-the-debt-ceiling.html
