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                                                                      EXHIBIT 16


                               POWER OF ATTORNEY

     The person whose signature appears below hereby appoints Kathryn L. Quirk,
Caroline Pearson, and Philip J. Collora and each of them, any of whom may act
without the joinder of the others, as such person's attorney-in-fact to sign and
file on such person's behalf individually and in the capacity stated below such
registration statements, amendments, post-effective amendments, exhibits,
applications and other documents with the Securities and Exchange Commission or
any other regulatory authority as may be desirable or necessary in connection
with the public offering of shares of Kemper Adjustable Rate U.S. Government
Fund.




    Signature                      Title                      Date
/s/ Daniel Pierce             Chairman and Trustee          7/15/98
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    Daniel Pierce
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                               POWER OF ATTORNEY

     The person whose signature appears below hereby appoints Kathryn L. Quirk, 
Caroline Pearson, and Philip J. Collora and each of them, any of whom may act 
without the joinder of the others, as such person's attorney-in-fact to sign 
and file on such person's behalf individually and in the capacity stated below 
such registration statements, amendments, post-effective amendments, exhibits, 
applications and other documents with the Securities and Exchange Commission or 
any other regulatory authority as may be desirable or necessary in connection 
with the public offering of shares of Kemper Adjustable Rate U.S. Government 
Fund.  

     Signature                     Title               Date
/s/ Edmond D. Villani             Trustee            7/15/98
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    Edmond D. Villani