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The US government now has less cash than Google #Investorseurope stockbrokers

The US government now has less cash than Google #Investorseurope stockbrokers | Investors Europe, Gibraltar | Scoop.it

The national debt in the Land of the Free now stands at just a hair under $20 trillion. At the start of this calendar year in January, the federal government’s cash balance was nearly $400 billion. On the day of Donald Trump’s inauguration, the government’s cash balance was $384 billion. Today the US government’s cash balance is just $34.0 billion. (Google has twice as much money, with cash reserves exceeding $75 billion.) This isn’t about Trump. Or even Obama. Or any other individual.

 

Moses O. Ogutu's insight:

"The national debt in the Land of the Free now stands at just a hair under $20 trillion. At the start of this calendar year in January, the federal government’s cash balance was nearly $400 billion. Today the US government’s cash balance is just $34.0 billion. (Google has twice as much money, with cash reserves exceeding $75 billion.)"

 

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