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[Treasury Restorations to the Civil Service Retirement and Disability Fund]

B-220873.2 Jul 22, 1986
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Highlights

The Department of the Treasury requested a decision on whether it was authorized to compensate the Civil Service Retirement and Disability Fund for certain losses arising out of the 1985 debt limit problem. GAO found that the Treasury was authorized to restore to the fund the higher interest securities redeemed on or before the date the statutory debt limit was temporarily increased.

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