Debt limit
July 17th, 2011 § Leave a Comment
On the same day, the Wall Street Journal and the Washington Post published graphics highlighting tough choices the federal government would need to make if the debt ceiling isn’t raised by Aug. 2: The U.S. would need to decide which bills to pay and which to skip. The Wall Street Journal’s graphic is above and the Washington Post’s is below.
The Washington Post also published an interactive graphic in which the user can chose which federal bills to pay with the limited funds that would be available.
Both publications turned to a recent analysis by the Bipartisan Policy Center, which estimated daily receipts and payments based on publicly available data from daily Treasury statements. The report provides specificity that brings home what this crisis could mean for our country.
http://www.bipartisanpolicy.org/library/staff-paper/debt-limit-analysis
