Bureau of the Public Debt

The Bureau of the Public Debt was an agency within the Fiscal Service of the United States Department of the Treasury.

Additionally, Federal Reserve Banks, acting as Treasury's fiscal agents, operate critical systems in support of Public Debt Programs and perform a variety of processing and customer service functions in marketable and savings securities.

The United States' government creates financial budgets through three methods: by printing money, collecting taxes, and by borrowing.

Taxing the people requires the ability to incur the additional costs of their personal incomes to give to the urgent need of the debt.

The program offers specialized investments for government entities at the federal, state, and local levels.

Specifically, the program is responsible for the issuance, servicing and redemption of U.S. Savings Bonds and marketable Treasury securities.

Additionally, the TreasuryDirect and Legacy Treasury Direct holding systems fall under the Retail Securities Services program.

As of June 18, 2010, the Bureau of Public Debt assists other government agencies in the reduction and prevention of improper payments by federally funded programs being issued.

With the establishment of a single point of entry for these government funded paying agencies, determining eligibility for a grant, benefit, or contract award can be done.

One of Public Debt's several buildings in downtown Parkersburg .