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.
Dr. Joyce Cavanagh, Former Assistant
Professor and State Specialist, Consumer and Family
Department of the Treasury
Last update: Friday, July 25, 2008