The United States Department of the Treasury was established in 1789 to manage government revenue. The department prints and mints all paper currency and coins. Treasury also collects taxes through the Internal Revenue Service.
Obama eyes domestic spending freeze, possible budget cuts
November 13, 2009
WASHINGTON (AP) -- The Obama administration has alerted domestic agencies to plan for a freeze or even a 5 percent cut in their budgets, part of an election-year push to rein in record deficits that threaten the U.S. economy and ...
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