31 USC 306 – Fiscal Service
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(a) The Fiscal Service is a service in the Department of the Treasury.
Terms Used In 31 USC 306
- officer: includes any person authorized by law to perform the duties of the office. See 1 USC 1
- Public debt: Cumulative amounts borrowed by the Treasury Department or the Federal Financing Bank from the public or from another fund or account. The public debt does not include agency debt (amounts borrowed by other agencies of the Federal Government). The total public debt is subject to a statutory limit.
(b) The head of the Fiscal Service is the Fiscal Assistant Secretary appointed under section 301(d) of this title.
(c) The Fiscal Service has a—
(1) Bureau of Government Financial Operations, having as its head a Commissioner of Government Financial Operations; and
(2) Bureau of the Public Debt, having as its head a Commissioner of the Public Debt.
(d) The Secretary of the Treasury may designate another officer or employee of the Department to act as the Fiscal Assistant Secretary when the Fiscal Assistant Secretary is absent or unable to serve or when the office of Fiscal Assistant Secretary is vacant.