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MissouriFamilies.org - Money Matters - Consumer Action

 

Finance Quick Answers

 

 

Will the money I invest in Patriot Bonds be earmarked to pay for the War on Terrorism?


No, the money you invest in Patriot Bonds will not be directly used toward the War on Terrorism. The government established the Patriot Bond inscription in response to the public's desire to express their support for the rebuilding and war efforts. The funds, however, are deposited in the general fund and are spent according to law. Some of the general funds, though, are used to contribute to the recovery and war efforts.
 

 

Sources:

 

Dr. Joyce Cavanagh, Former Assistant Professor and State Specialist, Consumer and Family Economics
 

Department of the Treasury

 

 

 

 

 

 

 

 

 

 

 

 

 

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Last update: Friday, July 25, 2008

 

 

 


 
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