U.S. Treasury Announces 2022 Federal Debt Collection Rate and Rebate Evaluation Guidelines

Summary

The U.S. Department of the Treasury has set the interest rate for federal debt collection at 1.00 percent for 2022, which will be used to evaluate the cost-effectiveness of cash discounts and determine when agencies should pay purchase card invoices with rebates.

Original source language: Federal Register — Department of the TreasuryOpen original release →

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