L-R: Billionaires Elon Musk, Mark Zuckerberg, Jeff Bezos, Bill Gates (Associated Press/File) As time winds down on how long lawmakers have to reach a deal to raise the debt ceiling to avoid the U.S. defaulting on its debt, the Treasury Department’s cash balance has been dropping.
Data from the department’s website shows that its cash balance fell to $49.473 billion on Wednesday, a drop from about the $76.5 billion that it had at the close of Tuesday.
The White House and congressional Republicans are in the midst of negotiations to try to raise the debt limit before it is reached, potentially […]
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