1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, July 5, 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 $ 165,044 $ 167,210 $ 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 $ 165,044 $ 167,210 $ 181,117 $ 353,312 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, July 5, 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) $ 49 $ 136 $ 6,981 Air Transport Security Fees 1 2 3,006 Cash FTD's Received (Table IV) 5,700 37,541 2,212,172 Commodity Credit Corporation programs 11 81 3,402 Customs and Certain Excise Taxes 50 125 33,128 Deposits by States: Supplemental Security Income 3 12 2,855 Unemployment 18 28 30,600 Education Department programs 364 612 47,453 Energy Department programs 42 83 5,968 Estate and Gift Taxes 129 172 16,709 Federal Reserve Earnings 1,534 1,534 64,180 Foreign Military Sales Program 33 1,303 22,627 Housing and Urban Development programs 6 12 2,458 Individual Income and Employment Taxes, Not Withheld 347 780 389,791 Interest recd from cash investments 0 0 0 Justice Department programs 33 46 14,513 Postal Service 482 875 68,996 Public Debt Cash Issues (Table III-B) 739 1,479 6,790,303 Other Deposits: Federal Housing Admin: Note Sales 110 164 15,876 International Monetary Fund 232 232 1,898 Total Other Deposits 342 740 134,573 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 9,884 45,559 9,849,714 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 9,884 $ 45,559 $ 9,849,714 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, July 5, 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 $ 13 $ 28 $ 17,619 Defense Vendor Payments (EFT) 1,096 2,013 212,452 Education Department programs 301 505 130,553 Energy Department programs 76 158 25,196 Federal Employees Insurance Payments 271 470 57,720 Fed. Highway Administration programs 254 539 32,894 Federal Salaries (EFT) 537 2,387 133,674 Food and Nutrition Service (misc) 46 197 24,662 GSA programs 34 516 15,350 Health and Human Services Grants (misc) 381 848 80,288 Housing and Urban Development programs 226 3,017 55,211 Interest on Treasury Securities 0 158 181,096 IRS Tax Refunds Business (EFT) 1 104 18,234 IRS Tax Refunds Individual (EFT) 47 94 258,949 Justice Department programs 117 123 13,189 Labor Dept. prgms (excl. unemployment) 27 78 11,148 Medicaid 3,196 4,307 278,293 Medicare and Other CMS Payments 1,893 3,171 303,252 Medicare Advantage - Part C&D Payments 0 0 218,086 Marketplace Payments 0 0 32,993 NASA programs 75 75 13,182 Postal Service Money Orders and Other 227 475 31,136 Public Debt Cash Redemp. (Table III-B) 795 7,446 6,509,824 Social Security Benefits (EFT) 41 22,789 652,278 Supple. Nutrition Assist. Program (SNAP) 414 791 51,724 Temporary Assistance for Needy Families (HHS) 202 428 12,006 Transportation Security Admin. (DHS) 18 18 1,699 Unemployment Insurance Benefits 218 338 24,924 Veterans Affairs programs 203 387 43,930 Other Withdrawals: Agriculture 158 188 9,608 International Monetary Fund 254 254 2,472 Unclassified 930 2,127 224,362 Total, Other Withdrawals 1,342 10,170 596,420 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 12,050 61,631 10,037,982 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 12,050 $ 61,631 $ 10,037,982 Net Change in Operating Cash Balance $ -2,166 $ -16,073 $ -188,267 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, July 5, 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 69 263 20,646 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 6 778 Interest Increment 3 473 4,641 Government Account Series 239,741 499,696 61,770,441 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 0 45,036 Other 736 1,473 188,309 Total Issues $ 240,552 $ 501,910 $ 68,602,256 (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 57 110 9,680 Government Account Series 239,855 494,493 61,820,465 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 1 5,868 68,652 Other 738 1,468 188,402 Total Redemptions $ 240,650 $ 501,939 $ 68,331,175 Net Change in Public Debt Outstanding $ -99 $ -29 $ 271,081 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, July 5, 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) $ 240,552 $ 501,910 $ 68,602,256 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 (-) 239,741 499,696 61,770,441 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 473 4,641 Inflation-Protected Securities Increment 69 263 19,929 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 739 $ 1,479 $ 6,790,303 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 240,650 $ 501,939 $ 68,331,175 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 (-) 239,855 494,493 61,819,784 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 795 $ 7,446 $ 6,509,824 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, July 5, 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 $ 14,363,322 $ 14,377,732 $ 14,366,186 $ 14,173,424 Intragovernmental Holdings 5,481,204 5,466,892 5,478,368 5,400,021 Total Public Debt Outstanding 19,844,525 19,844,624 19,844,554 19,573,445 Less: Debt Not Subject to Limit: Other Debt 482 482 482 482 Unamortized Discount 23,839 23,938 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 Wednesday, July 5, 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 $ 5,505 $ 39,998 $ 1,857,875 Individual Income Taxes 127 329 112,118 Railroad Retirement Taxes 11 93 4,566 Excise Taxes 42 56 58,465 Corporation Income Taxes 38 133 246,604 Federal Unemployment Taxes 9 14 7,490 Estate and Gift Taxes & Misc IRS Rcpts. 4 9 2,404 Total $ 5,737 $ 40,633 $ 2,289,521 Cash Federal Tax Deposits: Direct $ 35 $ 55 $ 23,966 Through Depositaries 5,665 37,486 2,188,205 Total Cash FTD's $ 5,700 $ 37,541 $ 2,212,172 Inter-agency Transfers 37 3,093 77,349 Total $ 5,737 $ 40,633 $ 2,289,521 ___________________________________________________________________________________________ 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, July 5, 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) $ 5 $ 391 $ 30,943 IRS Tax Refunds Business (EFT) 1 104 18,234 IRS Tax Refunds Individual (Checks) 40 91 60,477 IRS Tax Refunds Individual (EFT) 47 94 258,949 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.