1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, May 24, 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 $ 163,058 $ 169,279 $ 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 $ 163,058 $ 169,279 $ 272,585 $ 353,312 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, May 24, 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) $ 15 $ 500 $ 5,861 Air Transport Security Fees 2 24 2,332 Cash FTD's Received (Table IV) 7,772 179,869 1,873,083 Commodity Credit Corporation programs 16 285 2,854 Customs and Certain Excise Taxes 59 3,243 28,925 Deposits by States: Supplemental Security Income 1 60 2,284 Unemployment 22 15,183 30,116 Education Department programs 161 4,716 40,820 Energy Department programs 54 510 4,966 Estate and Gift Taxes 87 1,674 14,683 Federal Reserve Earnings 2,074 6,791 54,945 Foreign Military Sales Program 89 1,548 16,862 Housing and Urban Development programs 5 208 2,199 Individual Income and Employment Taxes, Not Withheld 590 12,794 325,985 Interest recd from cash investments 0 0 0 Justice Department programs 9 400 13,179 Postal Service 288 6,148 59,602 Public Debt Cash Issues (Table III-B) 717 594,582 5,722,249 Other Deposits: Federal Communications Commission 7,429 19,314 19,370 Medicare Premiums 66 2,462 25,787 TARP 4 62 390 Total Other Deposits 7,499 24,188 116,092 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 19,461 852,724 8,317,038 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 19,461 $ 852,724 $ 8,317,038 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, May 24, 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 $ 5 $ 238 $ 17,187 Defense Vendor Payments (EFT) 853 18,533 179,829 Education Department programs 481 8,374 115,669 Energy Department programs 102 1,879 21,362 Federal Employees Insurance Payments 290 4,895 49,105 Fed. Highway Administration programs 236 2,821 26,424 Federal Salaries (EFT) 76 12,512 113,064 Food and Nutrition Service (misc) 162 2,532 21,103 GSA programs 47 1,417 12,685 Health and Human Services Grants (misc) 329 7,619 68,675 Housing and Urban Development programs 102 4,978 45,964 Interest on Treasury Securities 0 42,401 166,347 IRS Tax Refunds Business (EFT) 9 1,986 15,618 IRS Tax Refunds Individual (EFT) 895 11,185 254,402 Justice Department programs 96 1,230 11,454 Labor Dept. prgms (excl. unemployment) 53 828 9,345 Medicaid 1,049 22,744 239,055 Medicare and Other CMS Payments 1,985 28,719 257,682 Medicare Advantage - Part C&D Payments 0 24,631 171,394 Marketplace Payments 0 3,972 29,337 NASA programs 140 1,411 11,408 Postal Service Money Orders and Other 112 2,705 26,575 Public Debt Cash Redemp. (Table III-B) 753 600,465 5,480,408 Social Security Benefits (EFT) 15,667 70,388 558,810 Supple. Nutrition Assist. Program (SNAP) 144 5,068 44,711 Temporary Assistance for Needy Families (HHS) 23 985 10,076 Transportation Security Admin. (DHS) 56 200 1,451 Unemployment Insurance Benefits 113 2,386 21,586 Veterans Affairs programs 206 4,200 37,454 Other Withdrawals: Federal Transit Admin. 51 826 7,048 HHS: Indian Health Service 59 273 2,463 Thrift Savings Plan Transfer 89 10,435 38,076 Unclassified 1,499 27,979 193,766 Total, Other Withdrawals 1,698 70,952 489,112 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 25,682 962,251 8,507,292 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 25,682 $ 962,251 $ 8,507,292 Net Change in Operating Cash Balance $ -6,221 $ -109,527 $ -190,253 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, May 24, 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 32 1,135 16,346 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 65 694 Interest Increment 2 460 3,676 Government Account Series 239,736 4,401,090 55,706,089 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 126 44,601 Other 715 15,246 164,381 Total Issues $ 240,487 $ 4,998,641 $ 61,462,413 (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 38 841 8,394 Government Account Series 239,778 4,398,360 55,710,185 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 3,383 54,285 Other 715 15,308 164,540 Total Redemptions $ 240,532 $ 4,998,825 $ 61,189,912 Net Change in Public Debt Outstanding $ -44 $ -183 $ 272,501 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, May 24, 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) $ 240,487 $ 4,998,641 $ 61,462,413 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 (-) 239,736 4,401,090 55,706,089 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 460 3,676 Inflation-Protected Securities Increment 32 1,135 15,814 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 717 $ 594,582 $ 5,722,249 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 240,532 $ 4,998,825 $ 61,189,912 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 (-) 239,778 4,398,360 55,709,504 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 753 $ 600,465 $ 5,480,408 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, May 24, 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 $ 14,310,455 $ 14,301,899 $ 14,293,345 $ 14,173,424 Intragovernmental Holdings 5,535,491 5,544,091 5,552,785 5,400,021 Total Public Debt Outstanding 19,845,946 19,845,990 19,846,129 19,573,445 Less: Debt Not Subject to Limit: Other Debt 482 482 482 482 Unamortized Discount 23,693 23,737 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 Wednesday, May 24, 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 $ 7,458 $ 167,164 $ 1,591,852 Individual Income Taxes 76 2,344 97,526 Railroad Retirement Taxes 3 384 3,850 Excise Taxes 191 3,732 48,278 Corporation Income Taxes 26 10,518 186,305 Federal Unemployment Taxes 3 2,544 7,400 Estate and Gift Taxes & Misc IRS Rcpts. 21 98 2,340 Total $ 7,778 $ 186,784 $ 1,937,550 Cash Federal Tax Deposits: Direct $ 53 $ 1,697 $ 20,189 Through Depositaries 7,719 178,172 1,852,894 Total Cash FTD's $ 7,772 $ 179,869 $ 1,873,083 Inter-agency Transfers 6 6,915 64,468 Total $ 7,778 $ 186,784 $ 1,937,550 ___________________________________________________________________________________________ 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 Wednesday, May 24, 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) $ 7 $ 3,675 $ 27,744 IRS Tax Refunds Business (EFT) 9 1,986 15,618 IRS Tax Refunds Individual (Checks) 93 7,644 54,959 IRS Tax Refunds Individual (EFT) 895 11,185 254,402 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.