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The '''Bureau of the Fiscal Service''' ('''Fiscal Service''') is a bureau of the [[United States Department of the Treasury|U.S. Department of the Treasury]]. The Fiscal Service replaced the [[Bureau of the Public Debt]] and the [[Financial Management Service]] effective October 7, 2012, by directive of [[Treasury Secretary]] [[Timothy Geithner]].<ref>{{cite web | url=https://www.fiscal.treasury.gov/about.html | title=Bureau of the Fiscal Service - About | publisher=Bureau of the Fiscal Service | year=2018 | accessdate=30 November 2018}}</ref> The merger of the two agencies and their data centers saved $415{{nbsp}}million.<ref>Wenger, Yvonne (September 9, 2012). "[https://www.newspapers.com/image/262783340/ Md. lawmakers protest loss of 450 federal jobs]". ''The Baltimore Sun''. p. A8.</ref>
The '''Bureau of the Fiscal Service''' ('''Fiscal Service''') is a bureau of the [[United States Department of the Treasury|U.S. Department of the Treasury]]. The Fiscal Service replaced the [[Bureau of the Public Debt]] and the [[Financial Management Service]] effective October 7, 2012, by directive of [[Treasury Secretary]] Timothy Geithner.<ref>{{cite web | url=https://www.fiscal.treasury.gov/about.html | title=Bureau of the Fiscal Service - About | publisher=Bureau of the Fiscal Service | year=2018 | accessdate=30 November 2018}}</ref> The merger of the two agencies and their data centers saved $415{{nbsp}}million.<ref>Wenger, Yvonne (September 9, 2012). "[https://www.newspapers.com/image/262783340/ Md. lawmakers protest loss of 450 federal jobs]". ''The Baltimore Sun''. p. A8.</ref>


The Bureau manages the government's accounting, central payment systems, and [[national debt of the United States|public debt]].<ref>{{cite web | url=http://www.fiscal.treasury.gov/fsprograms/fs_programs.htm | title=Bureau of the Fiscal Service - Our Programs | publisher=Bureau of the Fiscal Service | year=2013 | accessdate=26 November 2013 | archive-url=https://web.archive.org/web/20131129213835/http://www.fiscal.treasury.gov/fsprograms/fs_programs.htm | archive-date=29 November 2013 | url-status=dead }}</ref> It also operates the [[TreasuryDirect]] website for purchasing [[United States Treasury security|Treasury securities]].<ref>Trompor, Susan (May 28, 2023). "[https://www.newspapers.com/image/965288286/ Nationwide savings bond scheme leads to headaches]". ''Detroit Free Press''. p. B1, B3.</ref>
The Bureau manages the government's accounting, central payment systems, and [[national debt of the United States|public debt]].<ref>{{cite web | url=http://www.fiscal.treasury.gov/fsprograms/fs_programs.htm | title=Bureau of the Fiscal Service - Our Programs | publisher=Bureau of the Fiscal Service | year=2013 | accessdate=26 November 2013 | archive-url=https://web.archive.org/web/20131129213835/http://www.fiscal.treasury.gov/fsprograms/fs_programs.htm | archive-date=29 November 2013 | url-status=dead }}</ref> It also operates the [[TreasuryDirect]] website for purchasing [[United States Treasury security|Treasury securities]].<ref>Trompor, Susan (May 28, 2023). "[https://www.newspapers.com/image/965288286/ Nationwide savings bond scheme leads to headaches]". ''Detroit Free Press''. p. B1, B3.</ref>


Among some of its better known duties is to collect any voluntary donations made to the government for reduction of the public debt.<ref>Purcell, Tom (January 28, 2017). "[https://www.newspapers.com/image/264252986/ Your gift can help pay down US debt]". ''News Herald'' (Port Clinton, Ohio). p. A5.</ref> The amount of donations has averaged $2.3{{nbsp}}million per year during the last 26 years.<ref>{{Cite web |url= https://www.treasurydirect.gov/govt/reports/pd/gift/gift.htm |title=Government - Gift Contributions to Reduce Debt Held by the Public |archiveurl= https://web.archive.org/web/20211006103725/https://www.treasurydirect.gov/govt/reports/pd/gift/gift.htm |archivedate= October 6, 2021 }}</ref> By comparison, the public debt was over $20{{nbsp}}trillion as of 2017.<ref>Yamachika, Tom (December 10, 2017). "[https://www.newspapers.com/image/820574391/ Voluntary Additional Tax?]" ''West Hawaii Today''. p. C4.</ref>
Among some of its better known duties is to collect any voluntary donations made to the government for reduction of the public debt.<ref>Purcell, Tom (January 28, 2017). "[https://www.newspapers.com/image/264252986/ Your gift can help pay down US debt]". ''News Herald'' (Port Clinton, Ohio). p. A5.</ref> The amount of donations has averaged $2.3{{nbsp}}million per year during the last 26 years.<ref>{{Cite web |url= https://www.treasurydirect.gov/govt/reports/pd/gift/gift.htm |title=Government - Gift Contributions to Reduce Debt Held by the Public |archiveurl= https://web.archive.org/web/20211006103725/https://www.treasurydirect.gov/govt/reports/pd/gift/gift.htm |archivedate= October 6, 2021 }}</ref> By comparison, the public debt was over $20{{nbsp}}trillion as of 2017.<ref>Yamachika, Tom (December 10, 2017). "[https://www.newspapers.com/image/820574391/ Voluntary Additional Tax?]" ''West Hawaii Today''. p. C4.</ref>
{{Organization
|OrganizationName= Bureau of the Fiscal Service
|OrganizationType= Independent Agencies
|Mission= The Bureau of the Fiscal Service promotes the financial integrity and operational efficiency of the U.S. government through exceptional accounting, financing, collections, payments, and shared services. Its mission is to transform financial management and deliver shared services across the federal government.
|OrganizationExecutive= Commissioner
|Employees= 4700
|Budget=
|Website= https://fiscal.treasury.gov/
|Services= Payment processing; Debt management; Financial reporting; Shared services
|ParentOrganization= United States Department of the Treasury
|CreationLegislation= Treasury Order 136-01
|Regulations= 31 CFR Subchapter A
|HeadquartersLocation= 38.934521, -76.913635
|HeadquartersAddress= 3201 Pennsy Drive, Building E, Landover, MD 20785
}}
'''Bureau of the Fiscal Service'''
The Bureau of the Fiscal Service (BFS) is a part of the U.S. Department of the Treasury, responsible for managing the government's accounting, collections, and payments operations. It replaced the Bureau of the Public Debt and the Financial Management Service in 2012, aiming to streamline and improve financial operations of the federal government.


{{Official URL (simple)|url=https://fiscal.treasury.gov/}}
{{Official URL (simple)|url=https://fiscal.treasury.gov/}}
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3201 Pennsy Drive, Building E, Landover, MD 20785
3201 Pennsy Drive, Building E, Landover, MD 20785
==Website==
https://fiscal.treasury.gov/
==Wikipedia article==
[[wikipedia:Bureau of the Fiscal Service]]


==External links==
==External links==
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* https://www.treasury.gov/about/organizational-structure/offices/Pages/Fiscal-Service.aspx
* https://www.treasury.gov/about/organizational-structure/offices/Pages/Fiscal-Service.aspx
* https://www.usa.gov/federal-agencies/bureau-of-the-fiscal-service
* https://www.usa.gov/federal-agencies/bureau-of-the-fiscal-service
* [[wikipedia:Bureau of the Fiscal Service]]


[[Category:United States Department of the Treasury]]
[[Category:United States Department of the Treasury]]
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