...which the report is made. (16 USC 1606a) (2) (A) It shall be the duty of the Secretary of the Treasury to invest such portion of the Trust Fund as is not,...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...

...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...

...fiscal year. (c) INVESTMENT. — It shall be the duty of the Secretary to invest such portion of the Fund as is not, in his judgment, required to meet...interest-bearing obligations of the United States. For such purpose, such obligations may be acquired — (1) on original issue at the issue price, or...

...Secretary of the Treasury for the benefit of the Service, and he may invest and reinvest such funds in interestbearing 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...

...required for current disbursements may be invested and reinvested by the Secretary of the Treasury in interest-bearing obligations of the United States...both principal and interest by the United States. APPENDIX ECTIONS 2-12 OF PUBLIC LAW 85-857, THE ACT ENACTING TITLE 38, UNITED STATES CODE EFFECTIVE...

...Secretary of the Treasury for the benefit of the Service, and he may invest and reinvest such funds hi 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...

...the session of the Congress to which the report is made. (2XA) The Secretary of the Treasury shall invest such portion of the Trust Fund as is not, in...interest-bearing obligations of the United States. For such purpose, such obligations may be acquired — (i) on original issue at the issue price, or...

...of the Act. (2) Investments Section 203(c)(2) of the Act provides for the Secretary of the Treasury to invest such portion of the Trust Fund as is not,...his judgment, required to meet current withdrawals. The TRFB will determine the funds available for investment, based upon receipts. All receipts into...