august
But Treasury officials have never said when the government will run out of cash to pay the nation’s bills, and the consensus among Wall Street analysts is that the cash won’t run out until about two weeks after the August debt-ceiling drop-dead date. [1]
The Treasury Department pushed back on Wednesday against claims that the deadline for raising the debt ceiling could be pushed to as late as August 15, noting that the government could not guarantee its ability to pay its loans after August 2. [2]
Located in the heart of New York City’s Greenwich Village, August is a jewel in the neighborhood’s crown, offering pan-European cuisine for dinner nightly and weekend brunch. [...] Facebook helps you connect and share with the people in your life. [3]
This month was originally named Sextilis in Latin, because it was the sixth month in the original ten-month Roman calendar under Romulus in 753 BC, when March was the first month of the year. [4]
Treasury Secretary Timothy Geithner, second from left, makes remarks after a meeting with Democrats about the debt limit, Thursday, July 14, 2011. [...] What I have said, what everyone has said is that once we lose our borrowing authority, we become at risk of default on our obligations,” he said. [2]
Please help improve this article by adding reliable references. [4]
Pressed for details about the tangible impact of failing to meet the August 2 deadline, Carney said the U.S. would be “at risk of default on our obligations” - though he refrained from saying that the default would necessarily take place. [2]
Its birth flower is the gladiolus or poppy, meaning beauty, strength of character, love, marriage and family. [4]
Not likely, according to analysts, who say that even without the ability to borrow more money, the government could avoid a devastating default for another week or so. [1]
In common years no other month starts on the same day of the week as August, though in leap years February starts on the same day. [4]
McCarthy and other Wall Street analysts predict that the Treasury will have enough cash to meet its early-to-mid August obligations, including $23 billion in Social Security payments to the elderly and disabled on August 3. [1]
“venerable,” probably originally “consecrated by the augurs, with favorable auguries” (see augur); or else “that which is increased” (see augment). [5]
In the Southern Hemisphere, August is the seasonal equivalent of February in the Northern Hemisphere. [4]
Sources:
[1] Is default deadline truly August 2? Analysts say no
[2] Treasury Department stands by August 2 debt limit deadline
[3] August (NY)
[4] August - Wikipedia, the free encyclopedia
[5] August | Define August at Dictionary.com