1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, May 11, 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 $ 187,503 $ 188,256 $ 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 $ 187,503 $ 188,256 $ 272,585 $ 353,312 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, May 11, 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 $ 233 $ 5,594 Air Transport Security Fees 1 8 2,316 Cash FTD's Received (Table IV) 3,156 87,293 1,780,506 Commodity Credit Corporation programs 17 134 2,703 Customs and Certain Excise Taxes 60 675 26,357 Deposits by States: Supplemental Security Income 3 26 2,250 Unemployment 162 14,645 29,579 Education Department programs 164 2,212 38,316 Energy Department programs 10 104 4,560 Estate and Gift Taxes 69 1,048 14,057 Federal Reserve Earnings 0 3,148 51,302 Foreign Military Sales Program 165 1,316 16,630 Housing and Urban Development programs 25 96 2,088 Individual Income and Employment Taxes, Not Withheld 240 9,784 322,975 Interest recd from cash investments 0 0 0 Justice Department programs 10 163 12,942 Postal Service 294 3,315 56,770 Public Debt Cash Issues (Table III-B) 127,982 378,578 5,506,246 Other Deposits: Federal Communications Commission 4,935 11,883 11,939 Federal Housing Admin: Note Sales 63 1,190 13,418 Total Other Deposits 4,998 14,056 105,959 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 137,375 516,836 7,981,150 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 137,375 $ 516,836 $ 7,981,150 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, May 11, 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 $ 9 $ 118 $ 17,068 Defense Vendor Payments (EFT) 790 8,703 169,999 Education Department programs 377 4,078 111,373 Energy Department programs 116 881 20,363 Federal Employees Insurance Payments 420 2,720 46,931 Fed. Highway Administration programs 170 1,235 24,838 Federal Salaries (EFT) 718 6,893 107,445 Food and Nutrition Service (misc) 162 1,135 19,706 GSA programs 27 917 12,184 Health and Human Services Grants (misc) 425 3,940 64,996 Housing and Urban Development programs 107 3,959 44,946 Interest on Treasury Securities 0 7,222 131,168 IRS Tax Refunds Business (EFT) 1 498 14,130 IRS Tax Refunds Individual (EFT) 209 8,062 251,279 Justice Department programs 49 608 10,832 Labor Dept. prgms (excl. unemployment) 80 406 8,923 Medicaid 3,025 14,073 230,384 Medicare and Other CMS Payments 1,305 13,326 242,289 Medicare Advantage - Part C&D Payments 0 24,631 171,394 Marketplace Payments 0 0 25,365 NASA programs 33 785 10,783 Postal Service Money Orders and Other 113 1,536 25,406 Public Debt Cash Redemp. (Table III-B) 126,342 397,045 5,276,987 Social Security Benefits (EFT) 54 38,908 527,330 Supple. Nutrition Assist. Program (SNAP) 300 2,504 42,147 Temporary Assistance for Needy Families (HHS) 169 639 9,731 Transportation Security Admin. (DHS) 25 90 1,340 Unemployment Insurance Benefits 191 1,416 20,616 Veterans Affairs programs 170 2,366 35,621 Other Withdrawals: Agriculture Loan Payments (misc) 61 292 5,460 Deposit Insurance Fund 91 2,217 3,074 Federal Transit Admin. 55 303 6,525 Thrift Savings Plan Transfer 911 9,379 37,020 Veterans Benefits (EFT) 64 6,650 47,332 Unclassified 1,557 15,497 181,283 Total, Other Withdrawals 2,740 53,224 471,385 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 138,128 601,918 8,146,959 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 138,128 $ 601,918 $ 8,146,959 Net Change in Operating Cash Balance $ -753 $ -85,082 $ -165,808 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, May 11, 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 $ 126,998 $ 253,996 $ 3,883,924 Cash Management Series 0 0 138,027 Notes 0 117,056 1,186,157 Bonds 0 0 109,050 Inflation-Protected Securities Increment 33 713 15,924 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 33 663 Interest Increment 2 434 3,650 Government Account Series 247,126 2,283,829 53,588,828 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 126 44,601 Other 1,270 8,124 157,259 Total Issues $ 375,432 $ 2,664,310 $ 59,128,082 (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 $ 125,005 $ 250,008 $ 3,922,935 Notes 0 135,764 1,115,621 Bonds 0 0 18,790 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 40 466 8,018 Government Account Series 248,844 2,267,168 53,578,993 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 2,653 53,555 Other 1,297 8,154 157,387 Total Redemptions $ 375,186 $ 2,664,212 $ 58,855,299 Net Change in Public Debt Outstanding $ 246 $ 98 $ 272,783 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, May 11, 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) $ 375,432 $ 2,664,310 $ 59,128,082 Premium on New Issues 0 0 770 Discount on New Issues: Bills (-) 288 565 7,306 Bonds and Notes (-) 0 191 7,430 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 247,126 2,283,829 53,588,828 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 434 3,650 Inflation-Protected Securities Increment 33 713 15,392 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 127,982 $ 378,578 $ 5,506,246 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 375,186 $ 2,664,212 $ 58,855,299 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 (-) 248,844 2,267,168 53,578,312 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 126,342 $ 397,045 $ 5,276,987 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, May 11, 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 $ 14,310,970 $ 14,312,904 $ 14,293,345 $ 14,173,424 Intragovernmental Holdings 5,535,257 5,533,078 5,552,785 5,400,021 Total Public Debt Outstanding 19,846,227 19,845,982 19,846,129 19,573,445 Less: Debt Not Subject to Limit: Other Debt 482 482 482 482 Unamortized Discount 23,974 23,729 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 Thursday, May 11, 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 $ 2,904 $ 86,150 $ 1,510,838 Individual Income Taxes 148 1,218 96,399 Railroad Retirement Taxes 12 212 3,678 Excise Taxes 121 1,204 45,750 Corporation Income Taxes 191 667 176,454 Federal Unemployment Taxes 3 2,514 7,370 Estate and Gift Taxes & Misc IRS Rcpts. 1 31 2,274 Total $ 3,381 $ 91,996 $ 1,842,762 Cash Federal Tax Deposits: Direct $ 80 $ 656 $ 19,147 Through Depositaries 3,076 86,637 1,761,359 Total Cash FTD's $ 3,156 $ 87,293 $ 1,780,506 Inter-agency Transfers 225 4,703 62,256 Total $ 3,381 $ 91,996 $ 1,842,762 ___________________________________________________________________________________________ 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 Thursday, May 11, 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) $ 11 $ 1,628 $ 25,697 IRS Tax Refunds Business (EFT) 1 498 14,130 IRS Tax Refunds Individual (Checks) 185 3,977 51,291 IRS Tax Refunds Individual (EFT) 209 8,062 251,279 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.