1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, May 16, 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 $ 186,456 $ 181,943 $ 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 $ 186,456 $ 181,943 $ 272,585 $ 353,312 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, May 16, 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) $ 31 $ 334 $ 5,695 Air Transport Security Fees 1 11 2,319 Cash FTD's Received (Table IV) 11,633 133,983 1,827,196 Commodity Credit Corporation programs 11 191 2,760 Customs and Certain Excise Taxes 77 951 26,633 Deposits by States: Supplemental Security Income 7 41 2,265 Unemployment 77 14,879 29,812 Education Department programs 478 3,149 39,253 Energy Department programs 5 124 4,580 Estate and Gift Taxes 92 1,237 14,246 Federal Reserve Earnings 0 3,148 51,302 Foreign Military Sales Program 9 1,402 16,716 Housing and Urban Development programs 5 109 2,100 Individual Income and Employment Taxes, Not Withheld 341 10,575 323,766 Interest recd from cash investments 0 0 0 Justice Department programs 24 254 13,033 Postal Service 383 4,361 57,815 Public Debt Cash Issues (Table III-B) 747 462,974 5,590,641 Other Deposits: Medicare Premiums 243 1,156 24,481 Total Other Deposits 243 14,685 106,588 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 14,163 652,406 8,116,721 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 14,163 $ 652,406 $ 8,116,721 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, May 16, 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 $ 14 $ 179 $ 17,128 Defense Vendor Payments (EFT) 1,283 11,950 173,246 Education Department programs 480 5,452 112,747 Energy Department programs 72 1,225 20,708 Federal Employees Insurance Payments 241 3,425 47,635 Fed. Highway Administration programs 197 1,762 25,365 Federal Salaries (EFT) 55 7,187 107,739 Food and Nutrition Service (misc) 95 1,633 20,204 GSA programs 61 1,132 12,399 Health and Human Services Grants (misc) 437 5,389 66,444 Housing and Urban Development programs 122 4,346 45,333 Interest on Treasury Securities 0 42,401 166,347 IRS Tax Refunds Business (EFT) 27 794 14,426 IRS Tax Refunds Individual (EFT) 139 8,572 251,789 Justice Department programs 63 782 11,006 Labor Dept. prgms (excl. unemployment) 40 512 9,030 Medicaid 1,456 16,856 233,167 Medicare and Other CMS Payments 1,445 17,790 246,753 Medicare Advantage - Part C&D Payments 0 24,631 171,394 Marketplace Payments 0 0 25,365 NASA programs 16 920 10,917 Postal Service Money Orders and Other 121 1,945 25,814 Public Debt Cash Redemp. (Table III-B) 795 470,292 5,350,235 Social Security Benefits (EFT) 52 39,057 527,479 Supple. Nutrition Assist. Program (SNAP) 209 3,695 43,338 Temporary Assistance for Needy Families (HHS) 151 839 9,930 Transportation Security Admin. (DHS) 2 111 1,361 Unemployment Insurance Benefits 186 1,756 20,956 Veterans Affairs programs 203 2,973 36,228 Other Withdrawals: Deposit Insurance Fund 53 2,407 3,264 Federal Aviation Administration 52 359 4,761 State Department 55 390 7,249 Thrift Savings Plan Transfer 56 9,520 37,162 Unclassified 1,474 19,605 185,391 Total, Other Withdrawals 1,689 60,929 479,090 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 9,650 738,535 8,283,576 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 9,650 $ 738,535 $ 8,283,576 Net Change in Operating Cash Balance $ 4,513 $ -86,129 $ -166,856 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, May 16, 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 $ 253,990 $ 3,883,919 Cash Management Series 0 0 138,027 Notes 0 179,579 1,248,679 Bonds 0 19,951 129,001 Inflation-Protected Securities Increment 32 876 16,087 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 45 675 Interest Increment 2 444 3,660 Government Account Series 232,403 2,992,407 54,297,407 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 126 44,601 Other 744 10,369 159,504 Total Issues $ 233,185 $ 3,457,787 $ 59,921,558 (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 0 190,351 1,170,207 Bonds 0 15,559 34,349 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 47 596 8,148 Government Account Series 232,433 2,987,614 54,299,440 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 3,375 54,277 Other 748 10,404 159,637 Total Redemptions $ 233,228 $ 3,457,907 $ 59,648,994 Net Change in Public Debt Outstanding $ -44 $ -120 $ 272,565 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, May 16, 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) $ 233,185 $ 3,457,787 $ 59,921,558 Premium on New Issues 0 0 770 Discount on New Issues: Bills (-) 0 565 7,306 Bonds and Notes (-) 0 521 7,760 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 232,403 2,992,407 54,297,407 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 444 3,660 Inflation-Protected Securities Increment 32 876 15,555 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 747 $ 462,974 $ 5,590,641 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 233,228 $ 3,457,907 $ 59,648,994 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 (-) 232,433 2,987,614 54,298,759 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 795 $ 470,292 $ 5,350,235 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, May 16, 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 $ 14,300,695 $ 14,306,961 $ 14,293,345 $ 14,173,424 Intragovernmental Holdings 5,545,314 5,539,092 5,552,785 5,400,021 Total Public Debt Outstanding 19,846,009 19,846,053 19,846,129 19,573,445 Less: Debt Not Subject to Limit: Other Debt 482 482 482 482 Unamortized Discount 23,757 23,800 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 Tuesday, May 16, 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 $ 11,333 $ 120,430 $ 1,545,118 Individual Income Taxes 121 1,775 96,957 Railroad Retirement Taxes 39 310 3,776 Excise Taxes 23 3,417 47,963 Corporation Income Taxes 135 10,253 186,040 Federal Unemployment Taxes 4 2,527 7,383 Estate and Gift Taxes & Misc IRS Rcpts. 1 33 2,276 Total $ 11,656 $ 138,745 $ 1,889,512 Cash Federal Tax Deposits: Direct $ 33 $ 1,464 $ 19,956 Through Depositaries 11,600 132,518 1,807,240 Total Cash FTD's $ 11,633 $ 133,983 $ 1,827,196 Inter-agency Transfers 23 4,763 62,316 Total $ 11,656 $ 138,745 $ 1,889,512 ___________________________________________________________________________________________ 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 Tuesday, May 16, 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) $ 555 $ 3,035 $ 27,105 IRS Tax Refunds Business (EFT) 27 794 14,426 IRS Tax Refunds Individual (Checks) 134 5,893 53,208 IRS Tax Refunds Individual (EFT) 139 8,572 251,789 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.