TeachMeFinance.com - explain General Fund Of The Treasury
General Fund Of The Treasury The term 'General Fund Of The Treasury ' as it applies to the area of Medicare in the United States can be defined as ' Funds held by the Treasury of the United States, other than revenue collected for a specific trust fund (such as SMI) and maintained in a separate account for that purpose. The majority of this fund is derived from individual and business income taxes'.
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