federal treasury
Government's money vault
The federal treasury is a national government's centralized fund for receiving revenue and disbursing payments.
In the United States, the Treasury Department manages this function, collecting taxes, paying government obligations, and managing public debt.
The federal treasury runs low when expenditures exceed revenues.
The term often appears in discussions of government spending and fiscal policy.
- budgetingAllocating funds systematically
- spending billLaw authorizing government expenditures
- cashReady spending funds
- revenue collectionSecuring payments owed
- fiscal policyState spending and taxation
tax dollars · economic stability · monetary policy · government accountability · auditing · financial reporting · vault · public purse · seal · gold · gold reserves · taxation policy · budget deficit · debt ceiling · rainy day fund · inflation control · Uncle Sam · deficit financing
- treasuryExchequer, public debt, national debt, debt ceiling, debt service
federal, federally, federate, federated, federation, federalism, federalist, confederate, confederation