The Treasury Department is steadily draining the funds it has to pay the nation's bills during the debt ceiling impasse.Treasury had $57.3 billion in cash on hand as of Thursday, according to federal data.The amount bounces around as the agency takes in revenue and makes payments, but the balance has declined from $238.5 billion at the start of the month, when the coffers were relatively flush from tax collections in April.
#potentially #white-house #negotiations #local-governments #capitol-hill #obligations #treasury-department #economic-policy #treasury-secretary-janet-yellen
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