Tagged: U.S. Treasury

Back in January, when Jacob "Jack" Lew was a mere nominee for the position of Secretary of the Treasury, we fretted about his signature. (It is, after all, displayed on the dollar.) It looked like a doodle, or as New York Magazine called it, a "slinky that has lost its spring."

When the House Committee on Veterans' Affairs held a hearing recently, members expressed concern that veterans might not qualify for subsidies for the new health insurance marketplaces if they were enrolled in VA health coverage.

During the housing bust, taxpayers were forced to bail out mortgage giants Fannie Mae and Freddie Mac. But thanks to the real estate recovery, Fannie Mae could end up paying tens of billions of dollars back to the Treasury this summer.

That's just one of the factors behind a better bottom line for the federal government. This week, the Treasury Department announced it will pay down some of its debt for the first time in six years.