1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, May 22, 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 $ 174,163 $ 164,862 $ 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 $ 174,163 $ 164,862 $ 272,585 $ 353,312 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, May 22, 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) $ 20 $ 391 $ 5,752 Air Transport Security Fees 2 15 2,323 Cash FTD's Received (Table IV) 15,632 170,211 1,863,425 Commodity Credit Corporation programs 15 259 2,828 Customs and Certain Excise Taxes 1,947 3,118 28,800 Deposits by States: Supplemental Security Income 3 56 2,279 Unemployment 46 15,128 30,062 Education Department programs 235 3,954 40,058 Energy Department programs 54 401 4,857 Estate and Gift Taxes 57 1,468 14,477 Federal Reserve Earnings 0 4,717 52,872 Foreign Military Sales Program 3 1,456 16,770 Housing and Urban Development programs 4 122 2,114 Individual Income and Employment Taxes, Not Withheld 298 11,862 325,053 Interest recd from cash investments 0 0 0 Justice Department programs 5 373 13,152 Postal Service 322 5,502 58,956 Public Debt Cash Issues (Table III-B) 721 593,146 5,720,813 Other Deposits: Federal Employees Insurance Receipt 72 269 1,683 Medicare Premiums 649 2,225 25,550 Total Other Deposits 720 16,518 108,421 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 20,086 828,695 8,293,010 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 20,086 $ 828,695 $ 8,293,010 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, May 22, 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 $ 15 $ 221 $ 17,170 Defense Vendor Payments (EFT) 1,016 16,226 177,522 Education Department programs 430 7,378 114,673 Energy Department programs 83 1,717 21,200 Federal Employees Insurance Payments 190 4,374 48,584 Fed. Highway Administration programs 69 2,387 25,990 Federal Salaries (EFT) 1,439 12,078 112,630 Food and Nutrition Service (misc) 102 2,198 20,769 GSA programs 40 1,333 12,601 Health and Human Services Grants (misc) 376 7,025 68,081 Housing and Urban Development programs 103 4,781 45,768 Interest on Treasury Securities 0 42,401 166,347 IRS Tax Refunds Business (EFT) 234 1,904 15,536 IRS Tax Refunds Individual (EFT) 147 10,192 253,408 Justice Department programs 68 1,069 11,293 Labor Dept. prgms (excl. unemployment) 48 732 9,250 Medicaid 484 21,059 237,370 Medicare and Other CMS Payments 1,711 24,722 253,685 Medicare Advantage - Part C&D Payments 0 24,631 171,394 Marketplace Payments 0 3,972 29,337 NASA programs 57 1,201 11,199 Postal Service Money Orders and Other 191 2,453 26,322 Public Debt Cash Redemp. (Table III-B) 766 598,952 5,478,895 Social Security Benefits (EFT) 56 54,670 543,092 Supple. Nutrition Assist. Program (SNAP) 496 4,776 44,419 Temporary Assistance for Needy Families (HHS) 33 926 10,017 Transportation Security Admin. (DHS) 3 128 1,378 Unemployment Insurance Benefits 113 2,086 21,286 Veterans Affairs programs 206 3,774 37,028 Other Withdrawals: Agriculture 57 579 8,107 Federal Financing Bank 83 200 2,471 Federal Transit Admin. 112 756 6,978 Interior 57 541 6,350 Thrift Savings Plan Transfer 277 10,307 37,948 Unclassified 1,724 25,140 190,926 Total, Other Withdrawals 2,309 67,753 485,914 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 10,785 927,117 8,472,158 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 10,785 $ 927,117 $ 8,472,158 Net Change in Operating Cash Balance $ 9,301 $ -98,422 $ -179,148 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, May 22, 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 97 1,071 16,282 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 5 59 689 Interest Increment 4 456 3,672 Government Account Series 230,806 3,931,957 55,236,957 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 126 44,601 Other 716 13,816 162,951 Total Issues $ 231,628 $ 4,528,005 $ 60,991,777 (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 48 760 8,313 Government Account Series 230,995 3,929,148 55,240,973 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 1 3,383 54,285 Other 717 13,875 163,108 Total Redemptions $ 231,761 $ 4,528,100 $ 60,719,187 Net Change in Public Debt Outstanding $ -133 $ -95 $ 272,590 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, May 22, 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) $ 231,628 $ 4,528,005 $ 60,991,777 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 (-) 230,806 3,931,957 55,236,957 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 4 456 3,672 Inflation-Protected Securities Increment 97 1,071 15,750 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 721 $ 593,146 $ 5,720,813 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 231,761 $ 4,528,100 $ 60,719,187 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 (-) 230,995 3,929,148 55,240,292 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 766 $ 598,952 $ 5,478,895 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, May 22, 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 $ 14,309,116 $ 14,313,167 $ 14,293,345 $ 14,173,424 Intragovernmental Holdings 5,536,918 5,533,000 5,552,785 5,400,021 Total Public Debt Outstanding 19,846,034 19,846,167 19,846,129 19,573,445 Less: Debt Not Subject to Limit: Other Debt 482 482 482 482 Unamortized Discount 23,782 23,914 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 22, 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 $ 15,990 $ 157,619 $ 1,582,306 Individual Income Taxes 143 2,180 97,361 Railroad Retirement Taxes 51 380 3,846 Excise Taxes 33 3,516 48,062 Corporation Income Taxes 40 10,552 186,339 Federal Unemployment Taxes 3 2,539 7,394 Estate and Gift Taxes & Misc IRS Rcpts. 1 76 2,318 Total $ 16,260 $ 176,861 $ 1,927,627 Cash Federal Tax Deposits: Direct $ 39 $ 1,608 $ 20,100 Through Depositaries 15,594 168,603 1,843,325 Total Cash FTD's $ 15,632 $ 170,211 $ 1,863,425 Inter-agency Transfers 627 6,650 64,203 Total $ 16,260 $ 176,861 $ 1,927,627 ___________________________________________________________________________________________ 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 22, 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) $ 37 $ 3,173 $ 27,242 IRS Tax Refunds Business (EFT) 234 1,904 15,536 IRS Tax Refunds Individual (Checks) 124 7,469 54,784 IRS Tax Refunds Individual (EFT) 147 10,192 253,408 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.