1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, May 12, 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 $ 191,256 $ 187,503 $ 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 $ 191,256 $ 187,503 $ 272,585 $ 353,312 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, May 12, 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) $ 12 $ 245 $ 5,605 Air Transport Security Fees 1 9 2,317 Cash FTD's Received (Table IV) 10,520 97,813 1,791,027 Commodity Credit Corporation programs 31 166 2,735 Customs and Certain Excise Taxes 131 806 26,488 Deposits by States: Supplemental Security Income 1 28 2,251 Unemployment 81 14,726 29,660 Education Department programs 177 2,388 38,492 Energy Department programs 4 107 4,564 Estate and Gift Taxes 54 1,102 14,110 Federal Reserve Earnings 0 3,148 51,302 Foreign Military Sales Program 74 1,390 16,704 Housing and Urban Development programs 4 100 2,091 Individual Income and Employment Taxes, Not Withheld 169 9,954 323,145 Interest recd from cash investments 0 0 0 Justice Department programs 50 214 12,993 Postal Service 307 3,623 57,077 Public Debt Cash Issues (Table III-B) 750 379,328 5,506,996 Other Deposits: Federal Housing Admin: Note Sales 50 1,241 13,469 Total Other Deposits 50 14,107 106,010 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 12,416 529,252 7,993,566 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 12,416 $ 529,252 $ 7,993,566 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, May 12, 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 $ 8 $ 127 $ 17,076 Defense Vendor Payments (EFT) 1,137 9,840 171,136 Education Department programs 400 4,477 111,773 Energy Department programs 180 1,060 20,543 Federal Employees Insurance Payments 300 3,020 47,230 Fed. Highway Administration programs 78 1,313 24,916 Federal Salaries (EFT) 72 6,965 107,517 Food and Nutrition Service (misc) 215 1,350 19,921 GSA programs 84 1,001 12,269 Health and Human Services Grants (misc) 561 4,501 65,557 Housing and Urban Development programs 155 4,115 45,101 Interest on Treasury Securities 0 7,222 131,168 IRS Tax Refunds Business (EFT) 243 740 14,372 IRS Tax Refunds Individual (EFT) 126 8,178 251,395 Justice Department programs 60 668 10,892 Labor Dept. prgms (excl. unemployment) 29 435 8,952 Medicaid 562 14,634 230,945 Medicare and Other CMS Payments 1,402 14,728 243,692 Medicare Advantage - Part C&D Payments 0 24,631 171,394 Marketplace Payments 0 0 25,365 NASA programs 71 856 10,854 Postal Service Money Orders and Other 127 1,663 25,532 Public Debt Cash Redemp. (Table III-B) 808 397,853 5,277,795 Social Security Benefits (EFT) 47 38,949 527,372 Supple. Nutrition Assist. Program (SNAP) 255 2,759 42,402 Temporary Assistance for Needy Families (HHS) 9 648 9,740 Transportation Security Admin. (DHS) 9 98 1,349 Unemployment Insurance Benefits 41 1,458 20,658 Veterans Affairs programs 202 2,569 35,823 Other Withdrawals: Deposit Insurance Fund 73 2,290 3,147 HHS Deposit Fund Transfers to States 1/ 97 213 1,357 Unclassified 1,314 16,825 182,612 Total, Other Withdrawals 1,483 54,722 472,883 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 8,663 610,581 8,155,622 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 8,663 $ 610,581 $ 8,155,622 Net Change in Operating Cash Balance $ 3,753 $ -81,329 $ -162,055 1/Transfer by HHS from Federal Tax Refund Offset Program to various State agencies for delinquent child support. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, May 12, 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 $ 0 $ 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 33 747 15,958 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 5 38 668 Interest Increment 5 439 3,655 Government Account Series 241,629 2,525,458 53,830,457 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 126 44,601 Other 745 8,869 158,004 Total Issues $ 242,417 $ 2,906,727 $ 59,370,499 (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 $ 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 40 506 8,058 Government Account Series 241,653 2,508,820 53,820,646 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 21 2,674 53,577 Other 746 8,900 158,133 Total Redemptions $ 242,461 $ 2,906,673 $ 59,097,760 Net Change in Public Debt Outstanding $ -44 $ 54 $ 272,739 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, May 12, 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) $ 242,417 $ 2,906,727 $ 59,370,499 Premium on New Issues 0 0 770 Discount on New Issues: Bills (-) 0 565 7,306 Bonds and Notes (-) 0 191 7,430 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 241,629 2,525,458 53,830,457 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 5 439 3,655 Inflation-Protected Securities Increment 33 747 15,426 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 750 $ 379,328 $ 5,506,996 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 242,461 $ 2,906,673 $ 59,097,760 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 (-) 241,653 2,508,820 53,819,965 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 808 $ 397,853 $ 5,277,795 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, May 12, 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 $ 14,310,534 $ 14,310,970 $ 14,293,345 $ 14,173,424 Intragovernmental Holdings 5,535,649 5,535,257 5,552,785 5,400,021 Total Public Debt Outstanding 19,846,184 19,846,227 19,846,129 19,573,445 Less: Debt Not Subject to Limit: Other Debt 482 482 482 482 Unamortized Discount 23,931 23,974 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 Friday, May 12, 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 $ 6,147 $ 92,298 $ 1,516,985 Individual Income Taxes 143 1,361 96,542 Railroad Retirement Taxes 19 231 3,697 Excise Taxes 2,007 3,210 47,757 Corporation Income Taxes 2,219 2,886 178,673 Federal Unemployment Taxes 4 2,518 7,374 Estate and Gift Taxes & Misc IRS Rcpts. 1 32 2,275 Total $ 10,539 $ 102,535 $ 1,853,302 Cash Federal Tax Deposits: Direct $ 747 $ 1,402 $ 19,894 Through Depositaries 9,774 96,411 1,771,132 Total Cash FTD's $ 10,520 $ 97,813 $ 1,791,027 Inter-agency Transfers 19 4,722 62,275 Total $ 10,539 $ 102,535 $ 1,853,302 ___________________________________________________________________________________________ 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 Friday, May 12, 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) $ 821 $ 2,448 $ 26,518 IRS Tax Refunds Business (EFT) 243 740 14,372 IRS Tax Refunds Individual (Checks) 1,622 5,599 52,914 IRS Tax Refunds Individual (EFT) 126 8,178 251,395 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.