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Government Operations: Social Security Trust Funds

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Report Type Reports and Testimonies
Report Date Dec. 12, 1995
Report No. AIMD-96-30R
Subject
Summary:

Pursuant to a congressional request, GAO reviewed the Secretary of the Treasury's actions during the 1995 debt ceiling crisis, focusing on whether the Department of the Treasury followed normal investment and redemption policies regarding the Social Security trust funds. GAO noted that Treasury records show that the Secretary followed normal investment and redemption policies for all transactions affecting the trust funds between November 1, 1995 and December 8, 1995.

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