1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, May 19, 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 $ 164,862 $ 169,071 $ 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 $ 164,862 $ 169,071 $ 272,585 $ 353,312 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, May 19, 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) $ 17 $ 371 $ 5,732 Air Transport Security Fees 1 13 2,321 Cash FTD's Received (Table IV) 9,276 154,579 1,847,792 Commodity Credit Corporation programs 23 243 2,813 Customs and Certain Excise Taxes 78 1,171 26,853 Deposits by States: Supplemental Security Income 4 52 2,276 Unemployment 71 15,082 30,016 Education Department programs 198 3,719 39,823 Energy Department programs 202 346 4,803 Estate and Gift Taxes 37 1,411 14,420 Federal Reserve Earnings 0 4,717 52,872 Foreign Military Sales Program 18 1,453 16,767 Housing and Urban Development programs 4 119 2,110 Individual Income and Employment Taxes, Not Withheld 195 11,564 324,755 Interest recd from cash investments 0 0 0 Justice Department programs 25 368 13,146 Postal Service 267 5,179 58,634 Public Debt Cash Issues (Table III-B) 720 592,425 5,720,092 Other Deposits: Medicare Premiums 320 1,576 24,901 National Credit Union Administration 385 440 4,043 Thrift Savings Plan Transfer 74 736 18,223 Total Other Deposits 779 15,797 107,700 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 11,914 808,610 8,272,924 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 11,914 $ 808,610 $ 8,272,924 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, May 19, 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 $ 16 $ 206 $ 17,155 Defense Vendor Payments (EFT) 1,005 15,210 176,506 Education Department programs 530 6,948 114,243 Energy Department programs 150 1,634 21,117 Federal Employees Insurance Payments 215 4,184 48,394 Fed. Highway Administration programs 143 2,318 25,922 Federal Salaries (EFT) 3,296 10,639 111,191 Food and Nutrition Service (misc) 164 2,096 20,666 GSA programs 44 1,293 12,561 Health and Human Services Grants (misc) 432 6,650 67,705 Housing and Urban Development programs 115 4,678 45,665 Interest on Treasury Securities 0 42,401 166,347 IRS Tax Refunds Business (EFT) 720 1,670 15,302 IRS Tax Refunds Individual (EFT) 96 10,044 253,261 Justice Department programs 84 1,001 11,225 Labor Dept. prgms (excl. unemployment) 46 684 9,201 Medicaid 398 20,576 236,887 Medicare and Other CMS Payments 1,609 23,010 251,974 Medicare Advantage - Part C&D Payments 0 24,631 171,394 Marketplace Payments 3,972 3,972 29,337 NASA programs 46 1,144 11,142 Postal Service Money Orders and Other 125 2,262 26,131 Public Debt Cash Redemp. (Table III-B) 759 598,186 5,478,129 Social Security Benefits (EFT) 49 54,614 543,036 Supple. Nutrition Assist. Program (SNAP) 174 4,280 43,923 Temporary Assistance for Needy Families (HHS) 13 893 9,985 Transportation Security Admin. (DHS) 4 124 1,375 Unemployment Insurance Benefits 43 1,972 21,173 Veterans Affairs programs 216 3,569 36,823 Other Withdrawals: Agency for Internat'l Development 66 714 9,490 Interior 58 485 6,293 Thrift Savings Plan Transfer 460 10,029 37,671 Unclassified 1,073 23,416 189,203 Total, Other Withdrawals 1,657 65,444 483,605 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 16,123 916,333 8,461,374 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 16,123 $ 916,333 $ 8,461,374 Net Change in Operating Cash Balance $ -4,208 $ -107,723 $ -188,449 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, May 19, 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 $ 380,991 $ 4,010,919 Cash Management Series 0 0 138,027 Notes 0 179,579 1,248,679 Bonds 0 19,951 129,001 Inflation-Protected Securities Increment 33 974 16,185 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 54 684 Interest Increment 3 452 3,668 Government Account Series 231,684 3,701,152 55,006,151 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 126 44,601 Other 717 13,099 162,234 Total Issues $ 232,440 $ 4,296,377 $ 60,760,149 (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 $ 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 36 713 8,265 Government Account Series 231,725 3,698,153 55,009,979 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 7 3,382 54,284 Other 717 13,159 162,391 Total Redemptions $ 232,484 $ 4,296,340 $ 60,487,427 Net Change in Public Debt Outstanding $ -44 $ 38 $ 272,722 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, May 19, 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) $ 232,440 $ 4,296,377 $ 60,760,149 Premium on New Issues 0 0 770 Discount on New Issues: Bills (-) 0 855 7,595 Bonds and Notes (-) 0 521 7,760 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 231,684 3,701,152 55,006,151 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 452 3,668 Inflation-Protected Securities Increment 33 974 15,653 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 720 $ 592,425 $ 5,720,092 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 232,484 $ 4,296,340 $ 60,487,427 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 (-) 231,725 3,698,153 55,009,298 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 759 $ 598,186 $ 5,478,129 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, May 19, 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 $ 14,313,167 $ 14,311,292 $ 14,293,345 $ 14,173,424 Intragovernmental Holdings 5,533,000 5,534,920 5,552,785 5,400,021 Total Public Debt Outstanding 19,846,167 19,846,211 19,846,129 19,573,445 Less: Debt Not Subject to Limit: Other Debt 482 482 482 482 Unamortized Discount 23,914 23,959 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 19, 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 $ 9,851 $ 141,629 $ 1,566,316 Individual Income Taxes 78 2,037 97,218 Railroad Retirement Taxes 15 329 3,795 Excise Taxes 45 3,483 48,030 Corporation Income Taxes 150 10,512 186,299 Federal Unemployment Taxes 3 2,536 7,392 Estate and Gift Taxes & Misc IRS Rcpts. 0 75 2,317 Total $ 10,142 $ 160,601 $ 1,911,368 Cash Federal Tax Deposits: Direct $ 33 $ 1,569 $ 20,061 Through Depositaries 9,244 153,009 1,827,731 Total Cash FTD's $ 9,276 $ 154,579 $ 1,847,792 Inter-agency Transfers 866 6,022 63,575 Total $ 10,142 $ 160,601 $ 1,911,368 ___________________________________________________________________________________________ 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 19, 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) $ 26 $ 3,136 $ 27,205 IRS Tax Refunds Business (EFT) 720 1,670 15,302 IRS Tax Refunds Individual (Checks) 1,208 7,346 54,660 IRS Tax Refunds Individual (EFT) 96 10,044 253,261 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.