1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, July 7, 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 $ 170,514 $ 170,463 $ 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 $ 170,514 $ 170,463 $ 181,117 $ 353,312 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, July 7, 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) $ 29 $ 193 $ 7,038 Air Transport Security Fees 1 3 3,007 Cash FTD's Received (Table IV) 6,293 53,740 2,228,371 Commodity Credit Corporation programs 15 105 3,426 Customs and Certain Excise Taxes 76 259 33,262 Deposits by States: Supplemental Security Income 6 20 2,863 Unemployment 30 78 30,651 Education Department programs 210 1,049 47,890 Energy Department programs 3 91 5,976 Estate and Gift Taxes 34 255 16,791 Federal Reserve Earnings 0 1,534 64,180 Foreign Military Sales Program 29 1,366 22,691 Housing and Urban Development programs 4 36 2,482 Individual Income and Employment Taxes, Not Withheld 243 1,871 390,882 Interest recd from cash investments 0 0 0 Justice Department programs 15 112 14,578 Postal Service 358 1,598 69,719 Public Debt Cash Issues (Table III-B) 719 115,177 6,904,002 Other Deposits: Federal Housing Admin: Note Sales 394 862 16,574 Total Other Deposits 394 1,438 135,271 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 8,458 178,925 9,983,081 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 8,458 $ 178,925 $ 9,983,081 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, July 7, 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 $ 12 $ 49 $ 17,639 Defense Vendor Payments (EFT) 676 3,536 213,975 Education Department programs 564 1,463 131,511 Energy Department programs 125 412 25,450 Federal Employees Insurance Payments 282 1,041 58,291 Fed. Highway Administration programs 141 980 33,335 Federal Salaries (EFT) 63 3,199 134,487 Food and Nutrition Service (misc) 55 345 24,810 GSA programs 73 620 15,454 Health and Human Services Grants (misc) 340 1,726 81,165 Housing and Urban Development programs 131 3,286 55,480 Interest on Treasury Securities 0 158 181,096 IRS Tax Refunds Business (EFT) 7 112 18,241 IRS Tax Refunds Individual (EFT) 67 624 259,479 Justice Department programs 33 232 13,298 Labor Dept. prgms (excl. unemployment) 35 185 11,255 Medicaid 1,583 8,990 282,976 Medicare and Other CMS Payments 1,435 6,159 306,240 Medicare Advantage - Part C&D Payments 0 0 218,086 Marketplace Payments 0 0 32,993 NASA programs 54 241 13,348 Postal Service Money Orders and Other 178 837 31,498 Public Debt Cash Redemp. (Table III-B) 761 116,567 6,618,944 Social Security Benefits (EFT) 46 22,869 652,358 Supple. Nutrition Assist. Program (SNAP) 226 1,207 52,140 Temporary Assistance for Needy Families (HHS) 60 515 12,094 Transportation Security Admin. (DHS) 1 22 1,702 Unemployment Insurance Benefits 73 510 25,097 Veterans Affairs programs 260 822 44,365 Other Withdrawals: Interior 60 150 7,934 Thrift Savings Plan Transfer 123 785 52,108 Veterans Benefits (EFT) 66 99 61,088 Unclassified 878 4,064 226,300 Total, Other Withdrawals 1,127 12,822 599,072 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 8,407 189,528 10,165,879 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 8,407 $ 189,528 $ 10,165,879 Net Change in Operating Cash Balance $ 50 $ -10,603 $ -182,798 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, July 7, 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 $ 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 34 333 20,716 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 12 784 Interest Increment 3 478 4,646 Government Account Series 218,790 940,347 62,211,092 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 0 45,036 Other 715 3,486 190,322 Total Issues $ 219,546 $ 1,056,656 $ 69,157,001 (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 $ 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 45 200 9,770 Government Account Series 218,836 939,896 62,265,868 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 5,871 68,655 Other 716 3,501 190,435 Total Redemptions $ 219,596 $ 1,056,463 $ 68,885,699 Net Change in Public Debt Outstanding $ -50 $ 193 $ 271,302 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, July 7, 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) $ 219,546 $ 1,056,656 $ 69,157,001 Premium on New Issues 0 0 1,406 Discount on New Issues: Bills (-) 0 321 10,227 Bonds and Notes (-) 0 0 8,441 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 218,790 940,347 62,211,092 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 478 4,646 Inflation-Protected Securities Increment 34 333 19,998 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 719 $ 115,177 $ 6,904,002 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 219,596 $ 1,056,463 $ 68,885,699 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 (-) 218,836 939,896 62,265,187 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 761 $ 116,567 $ 6,618,944 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, July 7, 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 $ 14,359,969 $ 14,362,807 $ 14,366,186 $ 14,173,424 Intragovernmental Holdings 5,484,778 5,481,990 5,478,368 5,400,021 Total Public Debt Outstanding 19,844,747 19,844,797 19,844,554 19,573,445 Less: Debt Not Subject to Limit: Other Debt 482 482 482 482 Unamortized Discount 24,061 24,111 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 Friday, July 7, 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 $ 6,090 $ 56,348 $ 1,874,225 Individual Income Taxes 104 502 112,291 Railroad Retirement Taxes 18 120 4,593 Excise Taxes 39 134 58,543 Corporation Income Taxes 41 210 246,680 Federal Unemployment Taxes 5 23 7,499 Estate and Gift Taxes & Misc IRS Rcpts. 2 15 2,409 Total $ 6,299 $ 57,352 $ 2,306,240 Cash Federal Tax Deposits: Direct $ 11 $ 127 $ 24,039 Through Depositaries 6,282 53,613 2,204,332 Total Cash FTD's $ 6,293 $ 53,740 $ 2,228,371 Inter-agency Transfers 6 3,612 77,869 Total $ 6,299 $ 57,352 $ 2,306,240 ___________________________________________________________________________________________ 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, July 7, 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 $ 396 $ 30,949 IRS Tax Refunds Business (EFT) 7 112 18,241 IRS Tax Refunds Individual (Checks) 44 171 60,557 IRS Tax Refunds Individual (EFT) 67 624 259,479 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.