1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, May 8, 2017 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE I Operating Cash Balance ___________________________________________________________________________________________ Opening balance Closing ______________________________________ Type of account balance This This today Today month fiscal year ____________________________________________________________________________________________ Federal Reserve Account $ 203,775 $ 198,887 $ 272,585 $ 353,312 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 203,775 $ 198,887 $ 272,585 $ 353,312 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, May 8, 2017 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE II Deposits and Withdrawals of Operating Cash ___________________________________________________________________________________________ This Fiscal Deposits Today month year to date to date ____________________________________________________________________________________________ Federal Reserve Account: Agriculture Loan Repayments (misc) $ 20 $ 158 $ 5,519 Air Transport Security Fees 1 6 2,314 Cash FTD's Received (Table IV) 15,507 73,502 1,766,715 Commodity Credit Corporation programs 11 97 2,666 Customs and Certain Excise Taxes 67 496 26,178 Deposits by States: Supplemental Security Income 1 16 2,239 Unemployment 488 13,483 28,417 Education Department programs 272 1,453 37,557 Energy Department programs 6 76 4,532 Estate and Gift Taxes 99 573 13,582 Federal Reserve Earnings 0 1,295 49,450 Foreign Military Sales Program 4 1,124 16,438 Housing and Urban Development programs 18 59 2,051 Individual Income and Employment Taxes, Not Withheld 364 8,606 321,797 Interest recd from cash investments 0 0 0 Justice Department programs 17 131 12,910 Postal Service 423 2,265 55,719 Public Debt Cash Issues (Table III-B) 779 248,980 5,376,647 Other Deposits: Federal Housing Admin: Note Sales 271 884 13,113 Total Other Deposits 271 2,295 94,198 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 18,350 354,615 7,818,929 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 18,350 $ 354,615 $ 7,818,929 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, May 8, 2017 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ This Fiscal Withdrawals Today month year to date to date ____________________________________________________________________________________________ Federal Reserve Account: Commodity Credit Corporation programs $ 12 $ 90 $ 17,039 Defense Vendor Payments (EFT) 1,020 6,086 167,381 Education Department programs 667 2,720 110,015 Energy Department programs 83 557 20,040 Federal Employees Insurance Payments 170 1,274 45,484 Fed. Highway Administration programs 305 810 24,414 Federal Salaries (EFT) 1,394 5,760 106,312 Food and Nutrition Service (misc) 99 670 19,241 GSA programs 56 802 12,069 Health and Human Services Grants (misc) 509 2,631 63,687 Housing and Urban Development programs 115 3,655 44,641 Interest on Treasury Securities 0 7,222 131,168 IRS Tax Refunds Business (EFT) 7 93 13,725 IRS Tax Refunds Individual (EFT) 259 5,649 248,866 Justice Department programs 68 444 10,668 Labor Dept. prgms (excl. unemployment) 29 255 8,773 Medicaid 1,513 8,286 224,597 Medicare and Other CMS Payments 1,291 8,713 237,676 Medicare Advantage - Part C&D Payments 0 24,631 171,394 Marketplace Payments 0 0 25,365 NASA programs 81 666 10,664 Postal Service Money Orders and Other 260 1,048 24,918 Public Debt Cash Redemp. (Table III-B) 822 269,068 5,149,010 Social Security Benefits (EFT) 56 22,993 511,415 Supple. Nutrition Assist. Program (SNAP) 707 1,686 41,329 Temporary Assistance for Needy Families (HHS) 47 353 9,445 Transportation Security Admin. (DHS) 8 43 1,294 Unemployment Insurance Benefits 119 902 20,102 Veterans Affairs programs 227 1,829 35,083 Other Withdrawals: Deposit Insurance Fund 471 1,706 2,563 Emergency Prep & Response (DHS) 76 243 8,136 Thrift Savings Plan Transfer 1,077 6,326 33,968 Unclassified 1,915 10,701 176,487 Total, Other Withdrawals 3,538 44,490 462,651 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 13,462 423,425 7,968,466 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 13,462 $ 423,425 $ 7,968,466 Net Change in Operating Cash Balance $ 4,888 $ -68,811 $ -149,537 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, May 8, 2017 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE III-A Public Debt Transactions ___________________________________________________________________________________________ This Fiscal Issues Today month year to date to date ____________________________________________________________________________________________ Marketable: Bills: Regular Series $ -1 $ 126,998 $ 3,756,926 Cash Management Series 0 0 138,027 Notes 0 117,056 1,186,157 Bonds 0 0 109,050 Inflation-Protected Securities Increment 99 616 15,827 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 4 26 655 Interest Increment 1 428 3,645 Government Account Series 244,008 1,548,235 52,853,234 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 60 44,535 Other 776 5,307 154,443 Total Issues $ 244,886 $ 1,798,726 $ 58,262,497 (Stated at face value except for savings and retirement plan securities which are stated at current redemption values.) ___________________________________________________________________________________________ This Fiscal Redemptions Today month year to date to date ____________________________________________________________________________________________ Marketable: Bills $ 0 $ 125,002 $ 3,797,930 Notes 0 135,764 1,115,621 Bonds 0 0 18,790 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 43 339 7,892 Government Account Series 244,192 1,529,720 52,841,546 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 2 2,653 53,555 Other 778 5,309 154,542 Total Redemptions $ 245,015 $ 1,798,788 $ 57,989,875 Net Change in Public Debt Outstanding $ -128 $ -62 $ 272,622 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, May 8, 2017 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE III-B Adjustment of Public Debt Transactions to Cash Basis ___________________________________________________________________________________________ This Fiscal Transactions Today month year to date to date ____________________________________________________________________________________________ Public Debt Cash Issues: Public Debt Issues (Table III-A) $ 244,886 $ 1,798,726 $ 58,262,497 Premium on New Issues 0 0 770 Discount on New Issues: Bills (-) 0 277 7,017 Bonds and Notes (-) 0 191 7,430 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 244,008 1,548,235 52,853,234 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 428 3,645 Inflation-Protected Securities Increment 99 616 15,295 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 779 $ 248,980 $ 5,376,647 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 245,015 $ 1,798,788 $ 57,989,875 Premium on Debt Buyback Operation 0 0 0 Discount on Debt Buyback Operation (-) 0 0 0 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 244,192 1,529,720 52,840,865 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 822 $ 269,068 $ 5,149,010 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, May 8, 2017 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE III-C Debt Subject to Limit ___________________________________________________________________________________________ Opening balance Closing ______________________________________ Balance Transactions balance This This today Today month fiscal year ____________________________________________________________________________________________ Debt Held by the Public $ 14,305,062 $ 14,311,377 $ 14,293,345 $ 14,173,424 Intragovernmental Holdings 5,541,005 5,534,819 5,552,785 5,400,021 Total Public Debt Outstanding 19,846,067 19,846,196 19,846,129 19,573,445 Less: Debt Not Subject to Limit: Other Debt 482 482 482 482 Unamortized Discount 23,814 23,943 23,876 21,483 Federal Financing Bank 13,024 13,024 13,024 13,024 Hope Bonds 0 0 0 0 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 0 0 0 0 Total Public Debt Subject to Limit $ 19,808,747 $ 19,808,747 $ 19,808,747 $ 19,538,456 Statutory Debt Limit $ 19,808,772 $ 19,808,772 $ 19,808,772 * *Statutory debt limit temporarily suspended through March 15, 2017 As of March 16, 2017 the debt limit was increased to $19,808,772,381,624.74. Unamortized Discount represents the discount adjustment on Treasury bills and zero-coupon bonds. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Monday, May 8, 2017 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE IV Federal Tax Deposits ___________________________________________________________________________________________ This Fiscal Classification Today month year to date to date ____________________________________________________________________________________________ Withheld Income and Employment Taxes $ 16,121 $ 73,674 $ 1,498,361 Individual Income Taxes 142 858 96,040 Railroad Retirement Taxes 53 155 3,622 Excise Taxes 36 312 44,858 Corporation Income Taxes 87 384 176,171 Federal Unemployment Taxes 4 2,502 7,358 Estate and Gift Taxes & Misc IRS Rcpts. 4 21 2,263 Total $ 16,447 $ 77,907 $ 1,828,673 Cash Federal Tax Deposits: Direct $ 87 $ 463 $ 18,955 Through Depositaries 15,420 73,038 1,747,760 Total Cash FTD's $ 15,507 $ 73,502 $ 1,766,715 Inter-agency Transfers 941 4,405 61,958 Total $ 16,447 $ 77,907 $ 1,828,673 ___________________________________________________________________________________________ TABLE V Short-Term Cash Investments ___________________________________________________________________________________________ Type of Depositary Balance Transactions ______________________________________ Total A B C ____________________________________________________________________________________________ Opening Balance Today $ 0 $ 0 $ 0 $ 0 Deposits: Transfers to Depositaries 0 0 0 0 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 0 0 Depositary Initiated 0 0 0 0 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today $ 0 $ 0 $ 0 $ 0 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday, May 8, 2017 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE VI Income Tax Refunds Issued ___________________________________________________________________________________________ This Fiscal Classification Today month year to date to date ____________________________________________________________________________________________ IRS Tax Refunds Business (Checks) $ 18 $ 827 $ 24,896 IRS Tax Refunds Business (EFT) 7 93 13,725 IRS Tax Refunds Individual (Checks) 192 3,466 50,781 IRS Tax Refunds Individual (EFT) 259 5,649 248,866 This statement summarizes the United States Treasury's cash and debt operations for the Federal Government. Treasury's operating cash is maintained in an account at the Federal Reserve Bank of New York and in short-term cash investments. Treasury minimized and then suspended its short-term cash investment program beginning in November 2008, but anticipates investing again when market conditions warrant. Major information sources include: Federal Reserve Banks, Treasury Regional Financial Centers, Internal Revenue Service Centers, various electronic systems, and information on the Public Debt. Information is presented on a modified cash basis. Deposits are reflected as received and withdrawals are reflected as processed. SOURCE: Bureau of the Fiscal Service, Department of the Treasury. Note: The Daily Treasury Statement (DTS) is available by 4:00 p.m. the following business day on the Fiscal Service website www.fms.treas.gov/dts. For more information, call the Cash Forecasting Division at 202-874-9789.