Interest on US Treasury Bonds Is Not Taxable

question 140

True/False

Interest on US Treasury Bonds is not taxable.

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Definitions:

Cabinet Secretaries

Senior officials who head the executive departments of the U.S. government, serving as key advisors to the President.

Appoint

To assign a job or role to someone officially.

President

The head of state and government in a republic, often elected to lead the executive branch and represent the country domestically and internationally.

Emergency Powers

Special powers granted to governments to act outside of their usual legal frameworks in response to an emergency or crisis.