How the ripple effects of the government shutdown might spread, day by day

How the ripple effects of the government shutdown might spread, day by day
By Erin McClam, Staff Writer, NBC News

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Here are some examples of what would happen if the shutdown stretched days, weeks or even months.

Monday, Oct. 7: Sikorsky Aircraft of Connecticut, which sells helicopters to the Defense Department, says it will be forced to furlough 2,000 workers in Connecticut, Florida and Alabama.

Friday, Oct. 11: United Technologies, a major defense contractor, says it will be forced to furlough 4,000 workers at two of its companies, Pratt & Whitney and UTC Aerospace Systems. Sikorsky says it will furlough 1,000 more.

Saturday, Oct. 12: Football Saturday for the service academies: Army hosts Eastern Michigan, and Navy is at Duke. Those games are up in the air — but college football is such a moneymaker that private donors would probably step in. Private donations are covering the Oct. 5 games, and military officials say the NCAA, CBS Sports and United Airlines all offered to help.

Tuesday, Oct. 15: The final deadline to file your 2012 tax return, provided you got an exemption for the regular April 15 deadline. If you owe the government money, it’s still due — but if you’re having math trouble, you probably won’t get anyone at the IRS on the phone to help.

Wednesday, Oct. 16: Federal courts could shut down. Administrators say the courts will stay open for roughly the first 10 business days of the shutdown, but they say they would have to reassess matters on Oct. 15.

Thursday, Oct. 17: The Big One. The date at which the federal government exhausts its ability to borrow money, unless Congress raises the limit it can borrow — negotiations increasingly likely to be tied up with talks on the shutdown. After Oct. 17, the Treasury would have about $30 billion on hand, enough to cover only a few days. Predictions for the fallout in the financial markets are catastrophic.

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