1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, December 14, 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 $ 81,451 $ 64,734 $ 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 $ 81,451 $ 64,734 $ 183,157 $ 159,322 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, December 14, 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) $ 19 $ 251 $ 1,580 Air Transport Security Fees 1 8 689 Cash FTD's Received (Table IV) 14,169 113,758 521,194 Commodity Credit Corporation programs 12 218 646 Customs and Certain Excise Taxes 120 799 8,847 Deposits by States: Supplemental Security Income 4 37 657 Unemployment 10 134 5,377 Education Department programs 204 2,502 13,188 Energy Department programs 9 184 1,519 Estate and Gift Taxes 36 645 4,274 Federal Reserve Earnings 0 2,532 15,568 Foreign Military Sales Program 950 2,868 6,445 Housing and Urban Development programs 4 86 517 Individual Income and Employment Taxes, Not Withheld 366 3,801 28,143 Interest recd from cash investments 0 0 0 Justice Department programs 9 388 982 Postal Service 357 4,439 19,910 Public Debt Cash Issues (Table III-B) 133,206 285,773 1,969,817 Other Deposits: Deposit Insurance Fund 1,044 1,049 2,508 Export-Import Bank 57 113 421 International Monetary Fund 158 229 2,183 Total Other Deposits 1,259 4,208 31,552 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 150,732 422,632 2,630,905 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 150,732 $ 422,632 $ 2,630,905 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, December 14, 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 $ 165 $ 1,500 $ 12,055 Defense Vendor Payments (EFT) 1,852 13,520 58,850 Education Department programs 398 3,947 26,993 Energy Department programs 177 1,381 7,196 Federal Employees Insurance Payments 385 3,013 15,815 Fed. Highway Administration programs 129 1,556 9,607 Federal Salaries (EFT) 94 7,439 34,832 Food and Nutrition Service (misc) 117 1,491 6,612 GSA programs 87 950 4,502 Health and Human Services Grants (misc) 515 4,350 22,080 Housing and Urban Development programs 147 4,309 15,540 Interest on Treasury Securities 0 87 58,685 IRS Tax Refunds Business (EFT) 286 1,521 9,710 IRS Tax Refunds Individual (EFT) 5 357 9,180 Justice Department programs 47 693 4,052 Labor Dept. prgms (excl. unemployment) 78 603 2,945 Medicaid 2,156 17,729 80,415 Medicare and Other CMS Payments 1,419 12,876 82,967 Medicare Advantage - Part C&D Payments 0 22,956 50,520 Marketplace Payments 0 0 7,723 NASA programs 114 968 3,973 Postal Service Money Orders and Other 103 1,688 8,367 Public Debt Cash Redemp. (Table III-B) 123,401 329,550 1,789,160 Social Security Benefits (EFT) 46 39,403 182,126 Supple. Nutrition Assist. Program (SNAP) 302 3,131 15,801 Temporary Assistance for Needy Families (HHS) 204 582 3,453 Transportation Security Admin. (DHS) 5 95 455 Unemployment Insurance Benefits 69 1,142 5,679 Veterans Affairs programs 162 2,562 12,214 Other Withdrawals: Agriculture 68 716 3,142 Agriculture Loan Payments (misc) 60 304 1,544 Emergency Prep & Response (DHS) 239 2,018 12,141 Federal Crop Ins. Corp. 50 457 5,494 Federal Transit Admin. 59 486 2,416 State Department 66 415 2,437 Thrift Savings Plan Transfer 61 1,884 7,810 Unclassified 949 11,866 59,867 Total, Other Withdrawals 1,552 44,939 167,270 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 134,015 524,337 2,708,775 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 134,015 $ 524,337 $ 2,708,775 Net Change in Operating Cash Balance $ 16,718 $ -101,705 $ -77,870 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, December 14, 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 $ 129,001 $ 261,996 $ 1,398,945 Cash Management Series 0 9,000 59,001 Notes 0 -1 418,594 Bonds 0 0 33,948 Inflation-Protected Securities Increment -27 -118 10,497 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 38 178 Interest Increment 2 465 1,391 Government Account Series 358,848 3,625,586 19,300,773 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 3,303 7,306 20,022 Other 1,380 8,694 46,017 Total Issues $ 492,510 $ 3,912,966 $ 21,289,366 (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 $ 121,995 $ 313,985 $ 1,331,960 Notes 0 0 394,379 Bonds 0 0 3 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 40 494 2,364 Government Account Series 363,662 3,680,858 19,252,158 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 4 6,404 14,461 Other 1,363 8,667 45,991 Total Redemptions $ 487,063 $ 4,010,408 $ 21,041,316 Net Change in Public Debt Outstanding $ 5,447 $ -97,442 $ 248,050 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, December 14, 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) $ 492,510 $ 3,912,966 $ 21,289,366 Premium on New Issues 0 0 3 Discount on New Issues: Bills (-) 481 1,260 5,441 Bonds and Notes (-) 0 0 1,637 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 358,848 3,625,586 19,300,773 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 465 1,391 Inflation-Protected Securities Increment -27 -118 10,310 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 133,206 $ 285,773 $ 1,969,817 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 487,063 $ 4,010,408 $ 21,041,316 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 (-) 363,662 3,680,858 19,252,158 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 123,401 $ 329,550 $ 1,789,160 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, December 14, 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 $ 14,875,267 $ 14,865,185 $ 14,918,713 $ 14,673,429 Intragovernmental Holdings 5,617,683 5,622,317 5,671,679 5,571,471 Total Public Debt Outstanding 20,492,950 20,487,503 20,590,392 20,244,900 Less: Debt Not Subject to Limit: Other Debt 481 481 481 481 Unamortized Discount 25,037 24,625 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 $ 20,450,939 $ 20,553,698 $ 20,208,638 Statutory Debt Limit $ 20,456,000 $ 20,456,000 * * *Statutory debt limit is temporarily suspended through December 8, 2017 As of December 11, 2017, the debt limit increased to $20,455,999,906,400.12 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, December 14, 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 $ 3,823 $ 98,809 $ 484,908 Individual Income Taxes 183 1,697 9,567 Railroad Retirement Taxes 4 204 1,096 Excise Taxes 2,153 3,314 17,705 Corporation Income Taxes 8,340 14,809 28,611 Federal Unemployment Taxes 2 17 692 Estate and Gift Taxes & Misc IRS Rcpts. 1 23 166 Total $ 14,505 $ 118,873 $ 542,744 Cash Federal Tax Deposits: Direct $ 762 $ 1,139 $ 5,743 Through Depositaries 13,407 112,618 515,451 Total Cash FTD's $ 14,169 $ 113,758 $ 521,194 Inter-agency Transfers 337 5,115 21,551 Total $ 14,505 $ 118,873 $ 542,744 ___________________________________________________________________________________________ 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, December 14, 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) $ 73 $ 829 $ 10,409 IRS Tax Refunds Business (EFT) 286 1,521 9,710 IRS Tax Refunds Individual (Checks) 21 1,423 11,825 IRS Tax Refunds Individual (EFT) 5 357 9,180 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.