Why the Treasury is always cash poor

Federal government use it or lose it spree:

In the final month of the fiscal year, federal agencies scramble to spend what’s left in their annual budget. Agencies worry spending less than their budget allows might prompt Congress to appropriate less money in the next fiscal year. To avoid this, federal agencies choose to embark on an annual shopping spree rather than admit they can operate on less.
This is the “use-it-or-lose-it” spending phenomenon, and it happens every year.

 We can make this better after the MMT. We allow the federal agencies to keep their own bank account in a fair currency bank account.

The sandbox is advancing and likely will force the meeting of the elders sooner than folks are ready.  We already have sandboxers dominating major parts of the shadow banking.