1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, July 6, 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 $ 170,463 $ 165,044 $ 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 $ 170,463 $ 165,044 $ 181,117 $ 353,312 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, July 6, 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) $ 28 $ 164 $ 7,009 Air Transport Security Fees 1 2 3,007 Cash FTD's Received (Table IV) 9,906 47,447 2,222,078 Commodity Credit Corporation programs 8 89 3,411 Customs and Certain Excise Taxes 58 183 33,186 Deposits by States: Supplemental Security Income 2 15 2,857 Unemployment 20 47 30,620 Education Department programs 227 839 47,681 Energy Department programs 5 88 5,973 Estate and Gift Taxes 49 221 16,758 Federal Reserve Earnings 0 1,534 64,180 Foreign Military Sales Program 35 1,338 22,662 Housing and Urban Development programs 21 32 2,478 Individual Income and Employment Taxes, Not Withheld 848 1,628 390,639 Interest recd from cash investments 0 0 0 Justice Department programs 51 97 14,564 Postal Service 365 1,241 69,361 Public Debt Cash Issues (Table III-B) 112,980 114,458 6,903,283 Other Deposits: Federal Housing Admin: Note Sales 304 468 16,180 Total Other Deposits 304 1,044 134,877 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 124,909 170,467 9,974,623 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 124,909 $ 170,467 $ 9,974,623 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, July 6, 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 $ 9 $ 37 $ 17,627 Defense Vendor Payments (EFT) 847 2,860 213,299 Education Department programs 394 899 130,947 Energy Department programs 129 287 25,325 Federal Employees Insurance Payments 289 759 58,009 Fed. Highway Administration programs 300 840 33,194 Federal Salaries (EFT) 750 3,137 134,424 Food and Nutrition Service (misc) 94 291 24,756 GSA programs 31 547 15,381 Health and Human Services Grants (misc) 538 1,386 80,825 Housing and Urban Development programs 138 3,155 55,349 Interest on Treasury Securities 0 158 181,096 IRS Tax Refunds Business (EFT) 0 104 18,234 IRS Tax Refunds Individual (EFT) 463 557 259,412 Justice Department programs 76 200 13,266 Labor Dept. prgms (excl. unemployment) 72 150 11,220 Medicaid 3,100 7,407 281,393 Medicare and Other CMS Payments 1,552 4,723 304,804 Medicare Advantage - Part C&D Payments 0 0 218,086 Marketplace Payments 0 0 32,993 NASA programs 112 187 13,294 Postal Service Money Orders and Other 185 659 31,320 Public Debt Cash Redemp. (Table III-B) 108,360 115,806 6,618,184 Social Security Benefits (EFT) 40 22,823 652,312 Supple. Nutrition Assist. Program (SNAP) 190 981 51,914 Temporary Assistance for Needy Families (HHS) 27 455 12,033 Transportation Security Admin. (DHS) 2 20 1,701 Unemployment Insurance Benefits 100 438 25,024 Veterans Affairs programs 175 562 44,105 Other Withdrawals: Export-Import Bank 144 153 593 Thrift Savings Plan Transfer 166 662 51,985 Treasury Department programs 155 155 852 Unclassified 1,054 3,187 225,422 Total, Other Withdrawals 1,520 11,696 597,945 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 119,490 181,121 10,157,471 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 119,490 $ 181,121 $ 10,157,471 Net Change in Operating Cash Balance $ 5,419 $ -10,654 $ -182,848 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, July 6, 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 $ 112,000 $ 112,000 $ 4,844,905 Cash Management Series 0 0 163,027 Notes 0 0 1,529,865 Bonds 0 0 146,608 Inflation-Protected Securities Increment 35 298 20,682 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 9 781 Interest Increment 2 475 4,643 Government Account Series 221,861 721,557 61,992,302 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 0 45,036 Other 1,298 2,771 189,607 Total Issues $ 335,199 $ 837,109 $ 68,937,454 (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 $ 106,995 $ 106,995 $ 4,931,933 Notes 0 0 1,383,121 Bonds 0 0 34,350 Federal Financing Bank 0 0 1,567 Nonmarketable: United States Savings Securities 45 155 9,725 Government Account Series 226,567 721,060 62,047,033 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 3 5,871 68,655 Other 1,317 2,784 189,719 Total Redemptions $ 334,927 $ 836,866 $ 68,666,102 Net Change in Public Debt Outstanding $ 272 $ 243 $ 271,352 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, July 6, 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) $ 335,199 $ 837,109 $ 68,937,454 Premium on New Issues 0 0 1,406 Discount on New Issues: Bills (-) 321 321 10,227 Bonds and Notes (-) 0 0 8,441 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 221,861 721,557 61,992,302 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 475 4,643 Inflation-Protected Securities Increment 35 298 19,964 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 112,980 $ 114,458 $ 6,903,283 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 334,927 $ 836,866 $ 68,666,102 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 (-) 226,567 721,060 62,046,352 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 108,360 $ 115,806 $ 6,618,184 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, July 6, 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 $ 14,362,807 $ 14,363,322 $ 14,366,186 $ 14,173,424 Intragovernmental Holdings 5,481,990 5,481,204 5,478,368 5,400,021 Total Public Debt Outstanding 19,844,797 19,844,525 19,844,554 19,573,445 Less: Debt Not Subject to Limit: Other Debt 482 482 482 482 Unamortized Discount 24,111 23,839 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 Thursday, July 6, 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 $ 10,260 $ 50,258 $ 1,868,135 Individual Income Taxes 69 399 112,187 Railroad Retirement Taxes 8 101 4,575 Excise Taxes 39 95 58,504 Corporation Income Taxes 36 169 246,639 Federal Unemployment Taxes 4 18 7,494 Estate and Gift Taxes & Misc IRS Rcpts. 3 13 2,407 Total $ 10,419 $ 51,053 $ 2,299,940 Cash Federal Tax Deposits: Direct $ 61 $ 116 $ 24,027 Through Depositaries 9,845 47,331 2,198,050 Total Cash FTD's $ 9,906 $ 47,447 $ 2,222,078 Inter-agency Transfers 513 3,606 77,863 Total $ 10,419 $ 51,053 $ 2,299,940 ___________________________________________________________________________________________ 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 Thursday, July 6, 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) $ 2 $ 393 $ 30,945 IRS Tax Refunds Business (EFT) 0 104 18,234 IRS Tax Refunds Individual (Checks) 36 127 60,513 IRS Tax Refunds Individual (EFT) 463 557 259,412 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.