1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, May 18, 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 $ 169,071 $ 172,891 $ 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 $ 169,071 $ 172,891 $ 272,585 $ 353,312 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, May 18, 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) $ 10 $ 354 $ 5,715 Air Transport Security Fees 1 12 2,320 Cash FTD's Received (Table IV) 2,915 145,303 1,838,516 Commodity Credit Corporation programs 10 220 2,789 Customs and Certain Excise Taxes 66 1,093 26,775 Deposits by States: Supplemental Security Income 4 48 2,272 Unemployment 44 15,011 29,945 Education Department programs 184 3,521 39,625 Energy Department programs 9 144 4,601 Estate and Gift Taxes 41 1,374 14,383 Federal Reserve Earnings 0 4,717 52,872 Foreign Military Sales Program 19 1,435 16,750 Housing and Urban Development programs 2 114 2,106 Individual Income and Employment Taxes, Not Withheld 225 11,369 324,560 Interest recd from cash investments 0 0 0 Justice Department programs 81 343 13,122 Postal Service 281 4,912 58,367 Public Debt Cash Issues (Table III-B) 127,989 591,705 5,719,373 Other Deposits: Thrift Savings Plan Transfer 188 663 18,150 Total Other Deposits 188 15,018 106,922 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 132,069 796,696 8,261,010 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 132,069 $ 796,696 $ 8,261,010 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, May 18, 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 $ 190 $ 17,139 Defense Vendor Payments (EFT) 1,109 14,205 175,501 Education Department programs 505 6,418 113,713 Energy Department programs 135 1,484 20,967 Federal Employees Insurance Payments 213 3,969 48,179 Fed. Highway Administration programs 249 2,175 25,778 Federal Salaries (EFT) 78 7,343 107,895 Food and Nutrition Service (misc) 147 1,931 20,502 GSA programs 63 1,249 12,516 Health and Human Services Grants (misc) 487 6,217 67,273 Housing and Urban Development programs 118 4,563 45,550 Interest on Treasury Securities 0 42,401 166,347 IRS Tax Refunds Business (EFT) 77 950 14,582 IRS Tax Refunds Individual (EFT) 132 9,955 253,171 Justice Department programs 77 916 11,141 Labor Dept. prgms (excl. unemployment) 85 638 9,156 Medicaid 2,368 20,177 236,488 Medicare and Other CMS Payments 1,730 21,402 250,365 Medicare Advantage - Part C&D Payments 0 24,631 171,394 Marketplace Payments 0 0 25,365 NASA programs 143 1,098 11,096 Postal Service Money Orders and Other 83 2,137 26,007 Public Debt Cash Redemp. (Table III-B) 126,353 597,427 5,477,370 Social Security Benefits (EFT) 59 54,564 542,987 Supple. Nutrition Assist. Program (SNAP) 204 4,106 43,749 Temporary Assistance for Needy Families (HHS) 35 880 9,972 Transportation Security Admin. (DHS) 2 120 1,370 Unemployment Insurance Benefits 62 1,930 21,130 Veterans Affairs programs 208 3,352 36,607 Other Withdrawals: Federal Transit Admin. 64 632 6,854 Unclassified 1,097 22,338 188,124 Total, Other Withdrawals 1,161 63,781 481,942 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 135,890 900,210 8,445,251 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 135,890 $ 900,210 $ 8,445,251 Net Change in Operating Cash Balance $ -3,820 $ -103,515 $ -184,241 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, May 18, 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 $ 127,001 $ 380,991 $ 4,010,920 Cash Management Series 0 0 138,027 Notes 0 179,579 1,248,679 Bonds 0 19,951 129,001 Inflation-Protected Securities Increment 33 941 16,152 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 51 680 Interest Increment 3 449 3,665 Government Account Series 234,049 3,469,468 54,774,467 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 126 44,601 Other 1,274 12,383 161,518 Total Issues $ 362,364 $ 4,063,937 $ 60,527,709 (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 $ 125,016 $ 375,023 $ 4,047,951 Notes 0 190,351 1,170,207 Bonds 0 15,559 34,349 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 40 677 8,229 Government Account Series 235,765 3,466,429 54,778,254 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 1,297 12,442 161,675 Total Redemptions $ 362,118 $ 4,063,855 $ 60,254,942 Net Change in Public Debt Outstanding $ 245 $ 82 $ 272,767 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, May 18, 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) $ 362,364 $ 4,063,937 $ 60,527,709 Premium on New Issues 0 0 770 Discount on New Issues: Bills (-) 289 855 7,595 Bonds and Notes (-) 0 521 7,760 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 234,049 3,469,468 54,774,467 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 449 3,665 Inflation-Protected Securities Increment 33 941 15,620 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 127,989 $ 591,705 $ 5,719,373 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 362,118 $ 4,063,855 $ 60,254,942 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 (-) 235,765 3,466,429 54,777,573 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 126,353 $ 597,427 $ 5,477,370 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, May 18, 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 $ 14,311,292 $ 14,309,172 $ 14,293,345 $ 14,173,424 Intragovernmental Holdings 5,534,920 5,536,794 5,552,785 5,400,021 Total Public Debt Outstanding 19,846,211 19,845,966 19,846,129 19,573,445 Less: Debt Not Subject to Limit: Other Debt 482 482 482 482 Unamortized Discount 23,959 23,713 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 18, 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 $ 3,037 $ 131,778 $ 1,556,465 Individual Income Taxes 87 1,959 97,141 Railroad Retirement Taxes 2 315 3,781 Excise Taxes 9 3,438 47,984 Corporation Income Taxes 74 10,362 186,149 Federal Unemployment Taxes 2 2,533 7,389 Estate and Gift Taxes & Misc IRS Rcpts. 40 75 2,317 Total $ 3,251 $ 150,459 $ 1,901,226 Cash Federal Tax Deposits: Direct $ 36 $ 1,537 $ 20,028 Through Depositaries 2,879 143,766 1,818,487 Total Cash FTD's $ 2,915 $ 145,303 $ 1,838,516 Inter-agency Transfers 336 5,157 62,710 Total $ 3,251 $ 150,459 $ 1,901,226 ___________________________________________________________________________________________ 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 18, 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) $ 73 $ 3,110 $ 27,180 IRS Tax Refunds Business (EFT) 77 950 14,582 IRS Tax Refunds Individual (Checks) 109 6,138 53,453 IRS Tax Refunds Individual (EFT) 132 9,955 253,171 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.