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BLOOMBERG Bloomberg Markets The Trump Economy August 8, 2017

Statutory debt limit as soon as possible. A Bipartisan Policy Center in washington released its statement, based on bbcs projections, the debt limit would need to be raised suspended by the end of september to ensure the federal government does not fall on obligations. Joining us now is steve bell and a former staffer from the Budget Committee as well. Great to see you again. Walk us through this x date. It is a window through september and october. Steve every day our team goes through on a daytoday basis and says pardon me what has to be paid today by the treasury . And we make an estimate. We compared it to the last 45 years and then we take a look at one of the statutory requiremd payments by the treasury. That is one reason we are all surrounding here in our shop the date of september 29 two about the first week in october. On october 2, the beginning of the week. We have an 80 billion plus transfer from the treasury over to the veterans retirement system. That is mandatory. On oc

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