1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, December 8, 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 $ 69,098 $ 108,208 $ 183,157 $ 159,322 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 69,098 $ 108,208 $ 183,157 $ 159,322 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, December 8, 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) $ 22 $ 167 $ 1,496 Air Transport Security Fees 1 5 686 Cash FTD's Received (Table IV) 8,332 65,001 472,437 Commodity Credit Corporation programs 50 163 591 Customs and Certain Excise Taxes 89 447 8,495 Deposits by States: Supplemental Security Income 5 23 643 Unemployment 15 89 5,332 Education Department programs 197 1,480 12,166 Energy Department programs 11 148 1,482 Estate and Gift Taxes 104 360 3,988 Federal Reserve Earnings 0 1,126 14,161 Foreign Military Sales Program 11 1,687 5,264 Housing and Urban Development programs 4 55 486 Individual Income and Employment Taxes, Not Withheld 252 1,857 26,199 Interest recd from cash investments 0 0 0 Justice Department programs 8 72 666 Postal Service 400 2,765 18,236 Public Debt Cash Issues (Table III-B) 10,265 149,623 1,833,667 Other Deposits: Emergency Prep & Response (DHS) 165 728 1,057 Federal Housing Admin: Note Sales 102 1,009 4,144 Medicare Premiums 58 462 6,682 Total Other Deposits 325 2,535 29,879 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 20,090 227,603 2,435,875 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 20,090 $ 227,603 $ 2,435,875 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, December 8, 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 $ 116 $ 959 $ 11,514 Defense Vendor Payments (EFT) 925 6,475 51,805 Education Department programs 405 2,518 25,564 Energy Department programs 263 859 6,674 Federal Employees Insurance Payments 260 1,354 14,156 Fed. Highway Administration programs 65 991 9,043 Federal Salaries (EFT) 124 7,073 34,466 Food and Nutrition Service (misc) 122 898 6,018 GSA programs 49 729 4,281 Health and Human Services Grants (misc) 437 2,451 20,181 Housing and Urban Development programs 138 3,718 14,949 Interest on Treasury Securities 0 87 58,685 IRS Tax Refunds Business (EFT) 1/ -13 662 8,851 IRS Tax Refunds Individual (EFT) 2/ -1 197 9,020 Justice Department programs 55 448 3,806 Labor Dept. prgms (excl. unemployment) 145 402 2,745 Medicaid 1,505 10,133 72,820 Medicare and Other CMS Payments 700 7,568 77,659 Medicare Advantage - Part C&D Payments 0 22,956 50,520 Marketplace Payments 0 0 7,723 NASA programs 57 562 3,567 Postal Service Money Orders and Other 170 1,157 7,836 Public Debt Cash Redemp. (Table III-B) 51,241 203,697 1,663,306 Social Security Benefits (EFT) 58 23,001 165,724 Supple. Nutrition Assist. Program (SNAP) 253 1,555 14,225 Temporary Assistance for Needy Families (HHS) 50 288 3,158 Transportation Security Admin. (DHS) 3 60 419 Unemployment Insurance Benefits 45 596 5,133 Veterans Affairs programs 174 1,835 11,486 Other Withdrawals: Agency for Internat'l Development 91 611 3,403 Agriculture 71 496 2,922 Emergency Prep & Response (DHS) 234 1,280 11,403 Environmental Protection Agency 54 365 1,346 Federal Transit Admin. 62 251 2,181 Thrift Savings Plan Transfer 57 1,694 7,620 Unclassified 1,281 7,784 55,784 Total, Other Withdrawals 1,851 38,433 160,764 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 59,201 341,662 2,526,099 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 59,201 $ 341,662 $ 2,526,099 Net Change in Operating Cash Balance $ -39,111 $ -114,059 $ -90,224 1/Reported as a negative amount due to a return/reversal of $14 million 2/Reported as a negative amount due to a return/reversal of $4 million. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, December 8, 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 $ -2 $ 133,001 $ 1,269,949 Cash Management Series 9,000 9,000 59,001 Notes 0 -1 418,594 Bonds 0 0 33,948 Inflation-Protected Securities Increment -26 43 10,658 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 4 24 164 Interest Increment 4 456 1,382 Government Account Series 355,790 2,185,249 17,860,437 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 528 3,289 16,005 Other 747 5,089 42,413 Total Issues $ 366,044 $ 2,336,151 $ 19,712,551 (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 $ 50,000 $ 191,990 $ 1,209,965 Notes 0 0 394,379 Bonds 0 0 3 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 47 315 2,185 Government Account Series 363,017 2,229,959 17,801,259 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 447 6,325 14,382 Other 747 5,066 42,391 Total Redemptions $ 414,259 $ 2,433,655 $ 19,464,564 Net Change in Public Debt Outstanding $ -48,214 $ -97,505 $ 247,987 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, December 8, 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) $ 366,044 $ 2,336,151 $ 19,712,551 Premium on New Issues 0 0 3 Discount on New Issues: Bills (-) 12 779 4,959 Bonds and Notes (-) 0 0 1,637 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 355,790 2,185,249 17,860,437 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 4 456 1,382 Inflation-Protected Securities Increment -26 43 10,471 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 10,265 $ 149,623 $ 1,833,667 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 414,259 $ 2,433,655 $ 19,464,564 Premium on Debt Buyback Operation 0 0 0 Discount on Debt Buyback Operation (-) 0 0 -1 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 363,017 2,229,959 17,801,259 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 51,241 $ 203,697 $ 1,663,306 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, December 8, 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 $ 14,864,901 $ 14,905,961 $ 14,918,713 $ 14,673,429 Intragovernmental Holdings 5,627,986 5,635,141 5,671,679 5,571,471 Total Public Debt Outstanding 20,492,887 20,541,102 20,590,392 20,244,900 Less: Debt Not Subject to Limit: Other Debt 481 481 481 481 Unamortized Discount 24,974 25,033 24,756 24,324 Federal Financing Bank 11,457 11,457 11,457 11,457 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 $ 20,455,975 $ 20,504,130 $ 20,553,698 $ 20,208,638 Statutory Debt Limit * * * * *Statutory debt limit is temporarily suspended through December 8, 2017 Unamortized Discount represents the discount adjustment on Treasury bills and zero-coupon bonds (amortization is calculated daily). 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Friday, December 8, 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 $ 7,702 $ 67,478 $ 453,577 Individual Income Taxes 106 735 8,605 Railroad Retirement Taxes 52 152 1,043 Excise Taxes 201 274 14,666 Corporation Income Taxes 322 979 14,781 Federal Unemployment Taxes 2 10 685 Estate and Gift Taxes & Misc IRS Rcpts. 2 19 161 Total $ 8,387 $ 69,648 $ 493,519 Cash Federal Tax Deposits: Direct $ 23 $ 222 $ 4,826 Through Depositaries 8,309 64,780 467,612 Total Cash FTD's $ 8,332 $ 65,001 $ 472,437 Inter-agency Transfers 55 4,647 21,082 Total $ 8,387 $ 69,648 $ 493,519 ___________________________________________________________________________________________ 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, December 8, 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) $ 103 $ 660 $ 10,239 IRS Tax Refunds Business (EFT) 1/ -13 662 8,851 IRS Tax Refunds Individual (Checks) 695 1,349 11,751 IRS Tax Refunds Individual (EFT) 2/ -1 197 9,020 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 Reporting Branch at 202-874-9789.