31 billionaires are worth more than the US Treasury ...News

Washington is running out of cash as Congress bickers over raising the government’s borrowing limit Thirty-one billionaires are currently wealthier than the US Treasury, which had just $38.8 billion in cash on hand at the close of business on Friday. Treasury Secretary Janet Yellen has warned that if the borrowing limit is not raised by June 5, the country will default on its debts for the first time in history, sending shockwaves through the world economy. According to the Bloomberg Billionaires Index, 18 Americans are actually wealthier than the country they call home, including Tesla CEO Elon Musk, Amazon foun

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