United States Dept. of Treasury @ http://www.treas.gov/offices/economic-policy/ECONOMIC POLICY:
The Office of Economic Policy is responsible for analyzing and reporting on current and prospective economic developments in the U.S. and world economies and assisting in the determination of appropriate economic policies.
The Assistant Secretary for Economic Policy reports directly to the Secretary of the Treasury and is responsible to him for the review and analysis of both domestic and international economic issues and developments in the financial markets.
The Office participates, along with the Council of Economic Advisers and the Office of Management and Budget, in the preparation of the Administration's budget.
Economic Policy supports the Secretary of the Treasury in his roles as Chairman and Managing Trustee of the Social Security and Medicare Boards of Trustees. The Office conducts research to assist in the formulation and articulation of public policies and positions of the Treasury Department on a wide range of microeconomic issues.
Recent examples include terror risk insurance, financial disclosure and auditing, stock options, parallel imports, health insurance, retirement income security, and long-term care.
OFFICE OF DOMESTIC FINANCE
The Office of Domestic Finance, headed by the Under Secretary, advises and assists the Secretary and Deputy Secretary on the domestic financial system, fiscal policy and operations, governmental assets and liabilities, and related economic and financial matters.
OFFICE OF TAX POLICY:
Mission
The Office of Tax Policy assists the Secretary in developing and implementing tax policies and programs; provides the official estimates of all Government receipts for the President's budget, fiscal policy decisions, and Treasury cash management decisions;
establishes policy criteria reflected in regulations and rulings and guides preparation of them with the Internal Revenue Service to implement and administer the Internal Revenue Code;
negotiates tax treaties for the United States and represents the United States in meetings and work of multilateral organizations dealing with tax policy matters;
and provides economic and legal policy analysis for domestic and international tax policy decisions.
(For more, see Treasury Directive 27-10.)
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