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  • 03-02-2021
  • History
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What is the relationship between the president and the Treasury Department?

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  • 11-02-2021

Answer:

1  It collects taxes through the Internal Revenue Service and funds the U.S. debt through selling Treasury bills, notes, and bonds. It also advises the president on financial, trade, and tax policies. Even though it's so closely involved with the nation's finances, the Treasury doesn't set fiscal policy.

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