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The Bureau of the Public Debt was an agency within the Fiscal Service of the United States Department of the Treasury. United States Secretary of the Treasury Timothy Geithner issued a directive that the Bureau be combined with the Financial Management Service to form the Bureau of the Fiscal Service in 2012.
The Fiscal Service replaced the Bureau of the Public Debt and the Financial Management Service effective October 7, 2012, by directive of Treasury Secretary Timothy Geithner. [2] The merger of the two agencies and their data centers saved $415 million. [3] The Bureau manages the government's accounting, central payment systems, and public debt. [4]
The Bureau of Engraving & Printing (BEP) designs and manufactures U.S. currency, securities, and other official certificates and awards. Bureau of the Fiscal Service: The Bureau of the Fiscal Service was formed from the consolidation of the Financial Management Service and the Bureau of the Public Debt.
WASHINGTON (Reuters) -The U.S. federal government's total public debt has reached $34 trillion for the first time, the U.S. Treasury Department reported on Tuesday, as members of Congress gear up ...
The U.S. Department of the Treasury manages the national debt by splitting it into two different types: debt that one government agency owes to another and debt that is held by the public ...
The Financial Management Service (or FMS) was a bureau of the United States Department of the Treasury and provided several financial services for the federal government.On October 7, 2012, Secretary of the Treasury Timothy Geithner issued a directive merging the FMS with the Bureau of the Public Debt to form the new Bureau of the Fiscal Service.
However, the Treasury Department's data starts in 1790, when Treasury Secretary Alexander Hamilton estimated that total public debt was $70.1 million and called for the issuance of federal bonds ...
From 1991 through 2000, the Treasury's Bureau of Public Debt announced an Annual U.S. Savings Bonds Student Poster Contest each fall to promote the sale of bonds with a specified theme. Each spring, nearly $100,000 was distributed to winners in grades 4 through 6 across all fifty states, District of Columbia, and Puerto Rico.