D minus 77

The end of the world as we know it may occur on September 30, and that's only 77 days from now.  Actually, it may occur sooner, and we may only have until July 26 (8 business days) to stop it.  July 26 is when Congress goes on vacation until the end of August, and the Treasury may run out of money by the beginning of September.

But both sides have dug in.  Steven Mnuchin sent a letter to Nancy Pelosi warning of the coming catastrophe. On Friday [July 12], Mnuchin sent a letter to Pelosi outlining the dire projection that in at least some of the scenarios modeled by Treasury, the US would run out of money by the beginning of September. He officially requested Congress raise the debt ceiling before the August recess.

Pelosi said no, not unless she gets more money for her pet projects. On Saturday night, Pelosi sent a letter to Mnuchin saying that while there was agreement on the need to address the debt limit, a spending agreement must also be reached "as soon as possible." Pelosi outlined her position that more money must be added to the domestic side of the agreement to finance a 2018 veterans care law.

The other problem is that even if Mnuchin and Pelosi get a deal, that Trump and Mulvaney may veto it.

As the world burns ...

Update:  Mnuchin is starting to panic.
The US government could 'run out of cash' and default in just eight WEEKS says Treasury Secretary Steve Mnuchin as he tells congressional leaders to raise the debt ceiling before recess... Mnuchin is telling Nancy Pelosi and Mitch McConnell that Congress should raise the debt ceiling before leaving for its August recess otherwise the U.S. could default on its debts for the first time ever.
https://financearmageddon.blogspot.com/2019/07/america-could-default-on-its-debts-in.html

Update (7/19):
Yesterday Pelosi and Mnuchin had a deal but now the deal is off.  And July 26 may be a hard deadline.
Democrats said Friday there are "nonstarters" in a new White House offer that includes $1.1 trillion in options to offset spending increases in a two-year agreement that would raise the budget caps and hike the debt limit.
https://www.politico.com/story/2019/07/19/democrats-white-house-budget-deal-1604145