U.S. Treasury Just About As Flush As Google


Amidst the debt ceiling crisis, Zero Hedge publishes numbers showing that 29 public companies - including Bank of America, Goldman Sachs and JP Morgan Stanley - have more cash than the U.S. Treasury Department, which thanks to Geithner ties with Google at just $39 billion. So much for GOP claims that government has plenty of money and what they need are bigger tax breaks.

Our pandemic coverage is free to all. As is all of our reporting.

No paywalls. No advertising. No corporate sponsors. Since the coronavirus pandemic broke out, traffic to the Common Dreams website has gone through the roof— at times overwhelming and crashing our servers. Common Dreams is a news outlet for everyone and that’s why we have never made our readers pay for the news and never will. But if you can, please support our essential reporting today. Without Your Support We Won't Exist.

Please select a donation method:

Share This Article