...Secretary of the Treasury for the benefit of the Service, and he may invest and reinvest such funds in interest-bearing obligations of the United States...both principal and interest by the United States. Such gifts and the income from such investments shall be available for expenditure in the operation...

...or reinvest, any property which is accepted under this section, but any such investment may only be in interest-bearing obligations of the United States...both principal and interest by the United States. (c) There is hereby created on the books of the Treasury of the United States a fund into which gifts...

...INVESTMENT.— It shall be the duty of the Secretary of the Treasury to invest such portion of the Trust Fund as is not, in his judgment, required to meet current...For such purpose such obligations may be acquired (A) on origiTrust fund balance start of fiscal year 110 926 858 824 817 790 768 Outlays 917 834 824...

...INVESTMENT.— It shall be the duty of the Secretary of the Treasury to invest such portion of the Trust Fund as is not, in his judgment, required to meet current...obligations guaranteed as to both principal and interest the United States. For such purpose such obligations may be Trust fund balance, start ol fiscal year...

...Social Security Act gives the investing authority to the Secretary of the Treasury and states that "Such investments may be made only in interest-bearing...both principal and interest by the United States." This was done to safeguard these funds and to assure their liquidity when needed. The losses that had...

...(A) It shall be the duty of the Secretary of the Treasury to invest such portion of the Trust Fund as is not, in his judgment, required to meet current...For such purpose, such obligations may be acquired (i) on original issue at the issue price, or (ii) by purchase of outstanding obligations at the market...

...not immediately required for the payment of annuities, supplemental annuities, and death benefits. Such investments may be made only in interest-bearing...For such purpose such obligations may be acquired (A) on original issue at the issue price; or (B) by purchase of outstanding obligations at the market...

...trust funds not needed to meet current benefit payments and administrative expenses may be invested in interest-bearing obligations of the United States...both principal and interest by the United States. The laws authorize the Secretary of the Treasury to issue special, nonmarketable public debt obligations...

...Federal OldAge and Survivors Insurance Trust Fund." (42 USC 401(h)) The law further stipulates that it "shall be the duty of the managing Trustee to invest...his judgment, required to meet current withdrawals." (42 USC 401(d)) Social Security funds cannot be used for any purpose beyond the three explicit statutory...

...benefits or administrative expenses and any amounts not required for these purposes have to be invested "only in interest-bearing obligations of the United...both principal and interest by the United States." S 201(d); 42 USCA SS 401(d), 402. There appears to be no warrant in the language of that Act that would...