Updated fedgov cash balance: $68.3 billion as of May 17
Under $25 billion is considered basically zero for practical purposes at the level of doing the books for the federal government
Congress continues to say a deal is coming soon but irl the government is almost out of money now #debtceiling #default
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And for more detail, it spent $43 billion more while collecting $16 billion.
I wish it was more well-known that the Treasury spends and receives every day, so people would see the actual cash flow.
