the Treasury Department

noun

: the government department that is in charge of handling a country's money

Examples of the Treasury Department in a Sentence

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What To Know Beginning May 5, the DOE will restart involuntary collections through the Treasury Department's offset program, which can withhold tax refunds, federal salaries, and benefits from borrowers with overdue loans. Josh Hammer, MSNBC Newsweek, 22 Apr. 2025 Republicans are hoping to raise the nation’s borrowing limit, which caps how much money the Treasury Department can owe to pay the country’s bills, by up to $5 trillion this year as part of a larger package to extend expiring tax cuts enacted through Trump’s signature 2017 tax law. Aris Folley, The Hill, 18 Apr. 2025 After the first year, the Treasury Department declared that Direct File would be a permanent, free tax filing option. Kelly Phillips Erb, Forbes.com, 17 Apr. 2025 In fiscal year 2024, government spending was $6.75 trillion and revenue was $4.92 trillion, leading to a deficit of $1.83 trillion — a $138 billion increase from the previous year, according to the Treasury Department. Brendan Rascius, Miami Herald, 17 Apr. 2025 See All Example Sentences for the Treasury Department

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“The Treasury Department.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/the%20Treasury%20Department. Accessed 25 Apr. 2025.

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