1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, June 23, 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 $ 208,406 $ 208,172 $ 189,831 $ 353,312 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 208,406 $ 208,172 $ 189,831 $ 353,312 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, June 23, 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) $ 23 $ 420 $ 6,450 Air Transport Security Fees 7 31 2,674 Cash FTD's Received (Table IV) 7,359 227,277 2,134,277 Commodity Credit Corporation programs 11 268 3,225 Customs and Certain Excise Taxes 68 3,301 32,572 Deposits by States: Supplemental Security Income 2 275 2,587 Unemployment 10 272 30,509 Education Department programs 150 3,981 45,778 Energy Department programs 18 441 5,625 Estate and Gift Taxes 50 1,109 16,037 Federal Reserve Earnings 0 5,195 61,700 Foreign Military Sales Program 46 3,023 19,996 Housing and Urban Development programs 4 200 2,425 Individual Income and Employment Taxes, Not Withheld 897 58,597 385,648 Interest recd from cash investments 0 0 0 Justice Department programs 14 770 14,387 Postal Service 261 5,622 66,525 Public Debt Cash Issues (Table III-B) 728 558,334 6,554,283 Other Deposits: Medicare Premiums 189 2,457 28,678 Total Other Deposits 189 5,673 123,732 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 9,834 874,791 9,508,427 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 9,834 $ 874,791 $ 9,508,427 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, June 23, 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 $ 19 $ 260 $ 17,506 Defense Vendor Payments (EFT) 1,651 19,577 204,711 Education Department programs 614 9,079 127,151 Energy Department programs 122 2,044 24,124 Federal Employees Insurance Payments 384 5,036 55,824 Fed. Highway Administration programs 445 3,863 30,950 Federal Salaries (EFT) 65 13,217 127,308 Food and Nutrition Service (misc) 71 2,276 23,795 GSA programs 51 1,434 14,495 Health and Human Services Grants (misc) 350 6,764 77,318 Housing and Urban Development programs 121 5,046 51,456 Interest on Treasury Securities 0 852 173,855 IRS Tax Refunds Business (EFT) 47 2,325 18,059 IRS Tax Refunds Individual (EFT) 97 3,408 258,143 Justice Department programs 81 1,083 12,792 Labor Dept. prgms (excl. unemployment) 170 992 10,710 Medicaid 507 22,654 268,335 Medicare and Other CMS Payments 1,929 26,875 291,474 Medicare Advantage - Part C&D Payments 0 22,994 194,389 Marketplace Payments 0 3,657 32,993 NASA programs 94 1,136 12,745 Postal Service Money Orders and Other 92 2,485 29,831 Public Debt Cash Redemp. (Table III-B) 762 569,001 6,292,792 Social Security Benefits (EFT) 54 54,906 613,781 Supple. Nutrition Assist. Program (SNAP) 155 4,691 50,179 Temporary Assistance for Needy Families (HHS) 69 1,057 11,405 Transportation Security Admin. (DHS) 3 133 1,623 Unemployment Insurance Benefits 44 1,742 23,772 Veterans Affairs programs 219 3,855 42,221 Other Withdrawals: Federal Financing Bank 124 406 2,986 Federal Transit Admin. 59 1,103 8,312 Interior 78 641 7,124 Thrift Savings Plan Transfer 124 12,239 50,465 Unclassified 996 19,183 217,916 Total, Other Withdrawals 1,382 63,772 559,597 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 9,599 856,215 9,653,333 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 9,599 $ 856,215 $ 9,653,333 Net Change in Operating Cash Balance $ 235 $ 18,575 $ -144,905 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, June 23, 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 $ -1 $ 463,004 $ 4,620,916 Cash Management Series 0 25,000 163,027 Notes 0 44,000 1,416,588 Bonds 0 12,000 141,000 Inflation-Protected Securities Increment 125 2,756 19,445 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 53 759 Interest Increment 3 473 4,157 Government Account Series 192,467 3,311,825 59,925,063 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 435 45,036 Other 726 14,683 182,619 Total Issues $ 193,322 $ 3,874,228 $ 66,518,610 (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 $ 517,995 $ 4,712,939 Notes 0 28,000 1,290,873 Bonds 0 0 34,350 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 35 834 9,381 Government Account Series 192,608 3,304,845 59,953,620 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 7,551 61,846 Other 726 14,621 182,722 Total Redemptions $ 193,370 $ 3,873,847 $ 66,245,731 Net Change in Public Debt Outstanding $ -49 $ 381 $ 272,878 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, June 23, 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) $ 193,322 $ 3,874,228 $ 66,518,610 Premium on New Issues 0 630 1,406 Discount on New Issues: Bills (-) 0 1,470 9,594 Bonds and Notes (-) 0 0 8,119 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 192,467 3,311,825 59,925,063 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 473 4,157 Inflation-Protected Securities Increment 125 2,756 18,799 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 728 $ 558,334 $ 6,554,283 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 193,370 $ 3,873,847 $ 66,245,731 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 (-) 192,608 3,304,845 59,952,939 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 762 $ 569,001 $ 6,292,792 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, June 23, 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 $ 14,306,066 $ 14,306,623 $ 14,298,976 $ 14,173,424 Intragovernmental Holdings 5,540,257 5,539,748 5,546,965 5,400,021 Total Public Debt Outstanding 19,846,323 19,846,372 19,845,942 19,573,445 Less: Debt Not Subject to Limit: Other Debt 482 482 482 482 Unamortized Discount 24,070 24,119 23,689 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, June 23, 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 $ 6,959 $ 157,738 $ 1,779,975 Individual Income Taxes 129 13,055 111,073 Railroad Retirement Taxes 55 382 4,386 Excise Taxes 171 3,920 55,193 Corporation Income Taxes 66 59,281 246,075 Federal Unemployment Taxes 3 44 7,460 Estate and Gift Taxes & Misc IRS Rcpts. 1 38 2,382 Total $ 7,384 $ 234,459 $ 2,206,545 Cash Federal Tax Deposits: Direct $ 28 $ 1,598 $ 22,765 Through Depositaries 7,331 225,679 2,111,512 Total Cash FTD's $ 7,359 $ 227,277 $ 2,134,277 Inter-agency Transfers 25 7,182 72,268 Total $ 7,384 $ 234,459 $ 2,206,545 ___________________________________________________________________________________________ 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, June 23, 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) $ 3 $ 1,789 $ 29,988 IRS Tax Refunds Business (EFT) 47 2,325 18,059 IRS Tax Refunds Individual (Checks) 764 3,567 59,612 IRS Tax Refunds Individual (EFT) 97 3,408 258,143 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.