Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Why are the assets of the trust funds available to the federal government?

April 26, 2017assets Federal funds government Trust

0

Posted

Why are the assets of the trust funds available to the federal government?

1 Answer

0

Posted

Simply because the law provides that such assets must be invested in government securities, and then naturally the government uses the money for whatever purposes the Congress has approved (just as private issuers of bonds “spend” the proceeds).