1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, July 3, 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 $ 167,210 $ 181,117 $ 181,117 $ 353,312 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 167,210 $ 181,117 $ 181,117 $ 353,312 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, July 3, 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) $ 87 $ 87 $ 6,933 Air Transport Security Fees 1 1 3,005 Cash FTD's Received (Table IV) 31,840 31,840 2,206,471 Commodity Credit Corporation programs 70 70 3,391 Customs and Certain Excise Taxes 74 74 33,078 Deposits by States: Supplemental Security Income 9 9 2,852 Unemployment 9 9 30,582 Education Department programs 248 248 47,089 Energy Department programs 41 41 5,925 Estate and Gift Taxes 43 43 16,580 Federal Reserve Earnings 0 0 62,647 Foreign Military Sales Program 1,269 1,269 22,594 Housing and Urban Development programs 6 6 2,452 Individual Income and Employment Taxes, Not Withheld 433 433 389,444 Interest recd from cash investments 0 0 0 Justice Department programs 13 13 14,480 Postal Service 393 393 68,514 Public Debt Cash Issues (Table III-B) 740 740 6,789,564 Other Deposits: Agency for Internat'l Development 74 74 384 Defense Finance & Accounting Service 54 54 4,953 Federal Housing Admin: Note Sales 54 54 15,766 Medicare Premiums 215 215 29,202 Total Other Deposits 398 398 134,231 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 35,674 35,674 9,839,830 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 35,674 $ 35,674 $ 9,839,830 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, July 3, 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 $ 16 $ 17,606 Defense Vendor Payments (EFT) 917 917 211,356 Education Department programs 204 204 130,253 Energy Department programs 82 82 25,121 Federal Employees Insurance Payments 199 199 57,449 Fed. Highway Administration programs 285 285 32,640 Federal Salaries (EFT) 1,850 1,850 133,137 Food and Nutrition Service (misc) 150 150 24,615 GSA programs 482 482 15,316 Health and Human Services Grants (misc) 467 467 79,907 Housing and Urban Development programs 2,791 2,791 54,985 Interest on Treasury Securities 158 158 181,096 IRS Tax Refunds Business (EFT) 103 103 18,232 IRS Tax Refunds Individual (EFT) 47 47 258,903 Justice Department programs 7 7 13,073 Labor Dept. prgms (excl. unemployment) 51 51 11,121 Medicaid 1,111 1,111 275,097 Medicare and Other CMS Payments 1,278 1,278 301,359 Medicare Advantage - Part C&D Payments 0 0 218,086 Marketplace Payments 0 0 32,993 NASA programs 0 0 13,107 Postal Service Money Orders and Other 248 248 30,909 Public Debt Cash Redemp. (Table III-B) 6,651 6,651 6,509,029 Social Security Benefits (EFT) 22,759 22,759 652,248 Supple. Nutrition Assist. Program (SNAP) 377 377 51,310 Temporary Assistance for Needy Families (HHS) 226 226 11,804 Transportation Security Admin. (DHS) 0 0 1,681 Unemployment Insurance Benefits 119 119 24,705 Veterans Affairs programs 184 184 43,727 Other Withdrawals: Agency for Internat'l Development 113 113 10,960 Civil Service Retirement (EFT) 5,402 5,402 54,403 Federal Financing Bank 60 60 3,140 Federal Transit Admin. 107 107 8,807 Military Retirement (EFT) 320 320 39,168 Railroad Retirement (EFT) 1,071 1,071 10,763 Supple. Security Income Benefits (EFT) 99 99 40,098 Thrift Savings Plan Transfer 459 459 51,782 Unclassified 1,185 1,185 223,421 Total, Other Withdrawals 8,816 8,816 595,066 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 49,581 49,581 10,025,931 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 49,581 $ 49,581 $ 10,025,931 Net Change in Operating Cash Balance $ -13,906 $ -13,906 $ -186,101 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, July 3, 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 $ 0 $ 4,732,904 Cash Management Series 0 0 163,027 Notes 0 0 1,529,865 Bonds 0 0 146,608 Inflation-Protected Securities Increment 194 194 20,578 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 3 775 Interest Increment 470 470 4,638 Government Account Series 259,955 259,955 61,530,700 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 0 45,036 Other 737 737 187,573 Total Issues $ 261,358 $ 261,358 $ 68,361,704 (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 $ 0 $ 4,824,937 Notes 0 0 1,383,121 Bonds 0 0 34,350 Federal Financing Bank 0 0 1,567 Nonmarketable: United States Savings Securities 54 54 9,624 Government Account Series 254,637 254,637 61,580,610 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 5,868 5,868 68,651 Other 730 730 187,665 Total Redemptions $ 261,289 $ 261,289 $ 68,090,525 Net Change in Public Debt Outstanding $ 70 $ 70 $ 271,179 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, July 3, 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) $ 261,358 $ 261,358 $ 68,361,704 Premium on New Issues 0 0 1,406 Discount on New Issues: Bills (-) 0 0 9,906 Bonds and Notes (-) 0 0 8,441 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 259,955 259,955 61,530,700 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 470 470 4,638 Inflation-Protected Securities Increment 194 194 19,860 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 740 $ 740 $ 6,789,564 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 261,289 $ 261,289 $ 68,090,525 Premium on Debt Buyback Operation 0 0 0 Discount on Debt Buyback Operation (-) 0 0 0 Federal Financing Bank (-) 0 0 1,567 Government Account Transactions (-) 254,637 254,637 61,579,929 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 6,651 $ 6,651 $ 6,509,029 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, July 3, 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 $ 14,377,732 $ 14,366,186 $ 14,366,186 $ 14,173,424 Intragovernmental Holdings 5,466,892 5,478,368 5,478,368 5,400,021 Total Public Debt Outstanding 19,844,624 19,844,554 19,844,554 19,573,445 Less: Debt Not Subject to Limit: Other Debt 482 482 482 482 Unamortized Discount 23,938 23,868 23,868 21,483 Federal Financing Bank 11,457 11,457 11,457 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, July 3, 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 $ 34,493 $ 34,493 $ 1,852,370 Individual Income Taxes 202 202 111,990 Railroad Retirement Taxes 82 82 4,555 Excise Taxes 14 14 58,423 Corporation Income Taxes 95 95 246,566 Federal Unemployment Taxes 5 5 7,481 Estate and Gift Taxes & Misc IRS Rcpts. 6 6 2,400 Total $ 34,897 $ 34,897 $ 2,283,784 Cash Federal Tax Deposits: Direct $ 20 $ 20 $ 23,931 Through Depositaries 31,821 31,821 2,182,540 Total Cash FTD's $ 31,840 $ 31,840 $ 2,206,471 Inter-agency Transfers 3,056 3,056 77,313 Total $ 34,897 $ 34,897 $ 2,283,784 ___________________________________________________________________________________________ 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, July 3, 2017 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE VI Income Tax Refunds Issued ___________________________________________________________________________________________ Classification This Fiscal Today month year to date to date ____________________________________________________________________________________________ IRS Tax Refunds Business (Checks) $ 386 $ 386 $ 30,938 IRS Tax Refunds Business (EFT) 103 103 18,232 IRS Tax Refunds Individual (Checks) 51 51 60,437 IRS Tax Refunds Individual (EFT) 47 47 258,903 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.