Question
Choose the sentence in this excerpt that best summarizes the purpose of the U.S. Treasury.
The Treasury prints the paper money we use every day through its child agency, the
Bureau of Engraving and Printing. It mints the coins jangling in our pockets through another
child agency, the United States Mint. The Treasury collects all duties and taxes, and
enforces tax policy through the Internal Revenue Service, as well as managing government
bonds and other debt instruments. In short, the Treasury’s charter is to collect the
government’s money, pay the government’s bills, and balance the nation’s checkbook.
The Treasury prints the paper money we use every day through its child agency, the
Bureau of Engraving and Printing. It mints the coins jangling in our pockets through another
child agency, the United States Mint. The Treasury collects all duties and taxes, and
enforces tax policy through the Internal Revenue Service, as well as managing government
bonds and other debt instruments. In short, the Treasury’s charter is to collect the
government’s money, pay the government’s bills, and balance the nation’s checkbook.
Ask by Kirk Dawson. in the United States
Mar 31,2025
Upstudy AI Solution
Tutor-Verified Answer
Answer
The U.S. Treasury’s main purpose is to collect government money, pay bills, and manage the nation’s finances.
Solution
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Extra Insights
In short, the Treasury’s charter is to collect the government’s money, pay the government’s bills, and balance the nation’s checkbook.
This sentence clearly encapsulates the central responsibilities of the U.S. Treasury, emphasizing its role in managing government funds and ensuring financial stability.
