The US has bumped up against its debt ceiling of $18.15 trillion dollars and it is playing games to keep from going over. But by the X date, it will no longer to able to do that and it will have to default if the ceiling is not raised by the date.
The current estimate for the X date is "the months of November and December". So I am arbitrarily picking November 15 as the X date, to be revised as the time gets closer.
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