Domestic Finance

Domestic finance, in the context of the Department of the Treasury, refers to the government's management of its financial resources within the country. This includes overseeing the federal budget, collecting taxes, issuing debt (like Treasury bonds), and managing public spending. The goal is to ensure economic stability, fund government operations, and promote growth. By balancing income and expenses, the Treasury works to maintain a healthy economy, support public services, and manage the national debt, all of which impact citizens' everyday lives.