What this is
Congress passed a law giving the Treasury Secretary new ways to manage and invest government money safely.
Key details
- Investment period limit: Up to 90 days
- Gold sale limit: 25 million ounces
- Year passed: 1977
- Public law number: Public Law 95-147
About U.S. Congress — Texas
The U.S. Congress Texas delegation includes 38 Representatives in the House and 2 Senators, making it the second-largest state delegation in Congress. These elected officials represent Texas interests in federal legislat…
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Why it matters
This is part of Our Voice — civic life, elections, and accountability.
How this affects households
Under $30,000
This law doesn't change your taxes or benefits directly. It's about how the government manages its own money behind the scenes.
$30,000-$60,000
This law doesn't affect your household budget. It helps the government handle its cash better, but you won't see changes in your bills or income.
$60,000-$100,000
No direct impact on your finances. This is an internal government money management tool that doesn't change what you pay or receive.
Over $100,000
This law has no effect on your household income or expenses. It only changes how the Treasury Department invests government funds.
How to get involved
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By the numbers
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Nearby in Our Voice7
Led byU.S. Congress — Texas
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