Disinvestment of the Social Security Trust Funds to Finance the Public DebtU.S. Government Printing Office, 1985 - 68 lappuses |
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1985 DEBT CEILING 3/4 percent bonds Appendix borrowing authority business day cash balance certificates of indebtedness CI's Congress Congressional debt ceiling crisis debt subject default electronic fund transfer failure to invest fiduciary fully invest government obligations HAL DAUB interest loss interest rates invest the normalized JUDD GREGG July June 30 long-term bonds long-term reserves long-term securities Managing Trustee maturity dates meet social security normalized tax transfer November 13 November of 1985 NTT funds OASDI accounts OASDI trust funds OASI OASI/DI pay benefits payroll tax receipts payroll tax revenues policy of disinvestment procedures redemption of securities Secretary redeemed Secretary's securities held security benefit payments security payroll tax Security Trust Funds September and October short-term Social Security Act social security benefits social security payroll Social Security Trust special issue bonds table II.1 Treasury Department Treasury redeemed Treasury securities Treasury's actions TREASURY'S MANAGEMENT Trust Fund assets trust law U.S. government WYCHE FOWLER