Discuss as:

Source: Aug. 2 may not be drop-dead date, could move to mid-August

A Capitol Hill source says the Aug. 2nd drop-dead debt-ceiling date is not likely as hard a date as Treasury is leading on.

It could -- and very well may, in fact -- be pushed back to mid-August.

Aug. 2 is probably Treasury Secretary Tim Geithner's "minimum" date, the source said.

Neither side wants that to happen, but neither is any closer to a deal than when the week began.

The government could probably even go to October, the source said, but only by doing undesirable things, like selling gold, for example.