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Q: How does the department of national budget treasury know where to allocate what amount of money when compiling the national budget?
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Which organization is the custodian of the national purse?

The Department of the Treasury has control over the national purse.


What does the Department of the Treasury do?

Th U.S. Department of the Treasury...Creates currency (paper money and coins)Collects income taxesRegulates national banks and savings institutions


What does department of treasury do?

Th U.S. Department of the Treasury...Creates currency (paper money and coins)Collects income taxesRegulates national banks and savings institutions


What executive department is responsible for producing currency borrowing money and managing public debt?

The Department Of Treasury


In which amendment did congress lack control over the national treasury?

Congress did not lack control over the national treasury in any specific amendment. The power to control the national treasury is granted to Congress by the U.S. Constitution, specifically in Article I, Section 8, Clause 1. Congress has the authority to levy taxes, borrow money, and allocate funds for government expenses.


Where can one find more information about the US national debt?

Information about the US national debt can be found on Department of the Treasury, Federal Budget, Washing Post, Treasury Direct and Intellectual Takeout.


Who runs the department treasury?

The Secretary of Treasury is in charge of the US Treasury Department.


What are the agencies in the Department of Treasury?

The Secret Service is part of the Department of Treasury.


Who has the power to collect taxes and borrow money?

it is the department of treasury


What cabinet office deals with terrorism?

The Department of Homeland Security plays the major role. The Director of National Security as well as the FBI ( treasury department)and the Department of Defense are involved and probably the department of State. Treasury also keep track of international funding sources of terrorist organizations.


When was Treasury Solicitor's Department created?

Treasury Solicitor's Department was created in 1876.


What department has the responsibilty for managing the money the national government brings in through taxes?

The U.S. Department of the Treasury manages the tax money the national government collects through the Internal Revenue Service.