Updated: October 08 2009

Department of Legislative Affairs, (DOTT)

Acting as the U.S. government’s money manager, FMS provides centralized payment, collection, and reporting services for the government.

* Staffed by approximately 2,100 career civil servants;
* Oversees the daily cash flow of nearly $50 billion into and out of federal accounts;
* Disburses more than $1.7 trillion to more than 100 million individuals via social security and veterans’ benefits, income tax refunds and other federal payments;
* Collects more than $2.2 trillion per year in payments to the government through 10,000 financial institutions, with nearly $1.8 trillion collected electronically;
* Provides cash management guidance to federal program agencies;
* Serves as the government’s central debt collection agency, managing the government’s delinquent debt portfolio; and
* Collects more than $3 billion per year in delinquent debts owed to the federal government.

Primary Address

Department of Legislative Affairs, (DOTT)
401, 14th Street, SW,
Washington, DC 20227
Phone: (202) 874-6950
Web: http://www.fms.treas.gov

Region(s) Served

• National

Locations

• Dept. of Legislative Affairs - Washington Office
  401, 14th Street, SW,
  Washington, DC 20227
  Phone: (202) 874-6950

Related Programs

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