Treasury burned through $286BN of its cash balance in the past month
https://www.dailymail.co.uk/yourmoney/article-14552091/us-treasury-burned-billions-cash-balance.html
The agency, now led by former hedge fund manager Scott Bessent, has burned through $286 billion in the month of March alone.
This is the largest single-month drawdown in American history, and it's only rivaled by the Treasury spending $279 billion in August 2021 during the height of the pandemic.