The Chart That Will Scare The World...
From
Business Insider via The Bi-Partisan Policy Center
The Bipartisan Policy Center has projected daily cash inflows and outflows and has narrowed the possible range for the "X date" — the first day the government can't make all its payments due — as Oct. 22 to Nov. 1.
Most days in late October, the government will be sending out a little more money than it takes in. But even if we make it all the way to the end of the month, there's no way we'll be able to make the approximately $55 billion in payments that are due on Nov. 1, when Social Security benefits, Medicare provider payments, active duty military pay and military pensions are all scheduled to go out.