1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, May 15, 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 $ 181,943 $ 191,256 $ 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 $ 181,943 $ 191,256 $ 272,585 $ 353,312 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, May 15, 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) $ 59 $ 303 $ 5,664 Air Transport Security Fees 1 10 2,318 Cash FTD's Received (Table IV) 24,536 122,350 1,815,563 Commodity Credit Corporation programs 14 180 2,749 Customs and Certain Excise Taxes 68 874 26,556 Deposits by States: Supplemental Security Income 7 34 2,258 Unemployment 75 14,801 29,735 Education Department programs 283 2,671 38,775 Energy Department programs 12 119 4,575 Estate and Gift Taxes 44 1,145 14,154 Federal Reserve Earnings 0 3,148 51,302 Foreign Military Sales Program 3 1,393 16,707 Housing and Urban Development programs 4 104 2,096 Individual Income and Employment Taxes, Not Withheld 280 10,234 323,425 Interest recd from cash investments 0 0 0 Justice Department programs 17 230 13,009 Postal Service 355 3,978 57,432 Public Debt Cash Issues (Table III-B) 82,898 462,227 5,589,894 Other Deposits: Defense Finance & Accounting Service 83 313 4,114 Medicare Premiums 195 914 24,238 TARP 58 58 382 Total Other Deposits 336 14,442 106,345 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 108,992 638,243 8,102,558 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 108,992 $ 638,243 $ 8,102,558 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, May 15, 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 $ 38 $ 164 $ 17,114 Defense Vendor Payments (EFT) 827 10,667 171,963 Education Department programs 500 4,977 112,272 Energy Department programs 93 1,153 20,636 Federal Employees Insurance Payments 164 3,184 47,394 Fed. Highway Administration programs 253 1,566 25,169 Federal Salaries (EFT) 167 7,132 107,684 Food and Nutrition Service (misc) 188 1,539 20,109 GSA programs 70 1,071 12,339 Health and Human Services Grants (misc) 451 4,952 66,007 Housing and Urban Development programs 110 4,224 45,211 Interest on Treasury Securities 35,179 42,401 166,347 IRS Tax Refunds Business (EFT) 27 767 14,399 IRS Tax Refunds Individual (EFT) 255 8,433 251,650 Justice Department programs 51 719 10,943 Labor Dept. prgms (excl. unemployment) 38 473 8,991 Medicaid 767 15,401 231,712 Medicare and Other CMS Payments 1,617 16,345 245,309 Medicare Advantage - Part C&D Payments 0 24,631 171,394 Marketplace Payments 0 0 25,365 NASA programs 48 904 10,901 Postal Service Money Orders and Other 161 1,824 25,693 Public Debt Cash Redemp. (Table III-B) 71,645 469,497 5,349,440 Social Security Benefits (EFT) 55 39,005 527,427 Supple. Nutrition Assist. Program (SNAP) 726 3,485 43,128 Temporary Assistance for Needy Families (HHS) 40 688 9,779 Transportation Security Admin. (DHS) 10 108 1,359 Unemployment Insurance Benefits 112 1,570 20,770 Veterans Affairs programs 202 2,770 36,024 Other Withdrawals: Deposit Insurance Fund 64 2,354 3,211 Federal Railroad Admin. 77 223 2,858 Federal Transit Admin. 144 493 6,715 Military Active Duty Pay (EFT) 2,810 6,462 48,259 Thrift Savings Plan Transfer 50 9,465 37,106 Treasury Dept: Claims Payments 68 236 3,314 Unclassified 1,300 18,125 183,911 Total, Other Withdrawals 4,513 59,234 477,395 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 118,304 728,885 8,273,926 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 118,304 $ 728,885 $ 8,273,926 Net Change in Operating Cash Balance $ -9,313 $ -90,642 $ -171,368 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, May 15, 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 $ -5 $ 253,990 $ 3,883,919 Cash Management Series 0 0 138,027 Notes 62,523 179,579 1,248,679 Bonds 19,951 19,951 129,001 Inflation-Protected Securities Increment 97 843 16,055 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 4 43 672 Interest Increment 3 442 3,658 Government Account Series 234,547 2,760,004 54,065,003 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 126 44,601 Other 756 9,624 158,759 Total Issues $ 317,875 $ 3,224,602 $ 59,688,374 (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 54,587 190,351 1,170,207 Bonds 15,559 15,559 34,349 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 43 549 8,101 Government Account Series 246,361 2,755,181 54,067,006 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 700 3,375 54,277 Other 755 9,656 158,889 Total Redemptions $ 318,005 $ 3,224,678 $ 59,415,765 Net Change in Public Debt Outstanding $ -131 $ -76 $ 272,608 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, May 15, 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) $ 317,875 $ 3,224,602 $ 59,688,374 Premium on New Issues 0 0 770 Discount on New Issues: Bills (-) 0 565 7,306 Bonds and Notes (-) 330 521 7,760 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 234,547 2,760,004 54,065,003 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 442 3,658 Inflation-Protected Securities Increment 97 843 15,522 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 82,898 $ 462,227 $ 5,589,894 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 318,005 $ 3,224,678 $ 59,415,765 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 (-) 246,361 2,755,181 54,066,325 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 71,645 $ 469,497 $ 5,349,440 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, May 15, 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 $ 14,306,961 $ 14,310,534 $ 14,293,345 $ 14,173,424 Intragovernmental Holdings 5,539,092 5,535,649 5,552,785 5,400,021 Total Public Debt Outstanding 19,846,053 19,846,184 19,846,129 19,573,445 Less: Debt Not Subject to Limit: Other Debt 482 482 482 482 Unamortized Discount 23,800 23,931 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 15, 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 $ 16,800 $ 109,098 $ 1,533,785 Individual Income Taxes 294 1,654 96,836 Railroad Retirement Taxes 40 271 3,737 Excise Taxes 183 3,394 47,940 Corporation Income Taxes 7,232 10,118 185,905 Federal Unemployment Taxes 5 2,523 7,379 Estate and Gift Taxes & Misc IRS Rcpts. 1 33 2,275 Total $ 24,554 $ 127,090 $ 1,877,856 Cash Federal Tax Deposits: Direct $ 29 $ 1,431 $ 19,923 Through Depositaries 24,508 120,919 1,795,640 Total Cash FTD's $ 24,536 $ 122,350 $ 1,815,563 Inter-agency Transfers 18 4,740 62,293 Total $ 24,554 $ 127,090 $ 1,877,856 ___________________________________________________________________________________________ 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 15, 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) $ 32 $ 2,480 $ 26,549 IRS Tax Refunds Business (EFT) 27 767 14,399 IRS Tax Refunds Individual (Checks) 159 5,759 53,073 IRS Tax Refunds Individual (EFT) 255 8,433 251,650 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.