$49.5 Billion in U.S. Treasury? For These Billionaires, That’s Nothing

The Treasury Department’s cash balance fell to just under $49.5 billion on Wednesday, as the United States inched toward running out of cash to pay its bills.

That was significantly lower than the $316 billion the department had in operating cash, which is

at the start of the month.

Just how empty is the Treasury cash coffer? For comparison, $49.5 billion is on par with the gross domestic product…