1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, December 15, 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 $ 159,494 $ 81,451 $ 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 $ 159,494 $ 81,451 $ 183,157 $ 159,322 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, December 15, 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) $ 17 $ 269 $ 1,598 Air Transport Security Fees 1 8 690 Cash FTD's Received (Table IV) 60,710 174,468 581,903 Commodity Credit Corporation programs 49 267 694 Customs and Certain Excise Taxes 82 881 8,929 Deposits by States: Supplemental Security Income 3 40 660 Unemployment 13 147 5,390 Education Department programs 207 2,709 13,395 Energy Department programs 66 250 1,585 Estate and Gift Taxes 137 783 4,411 Federal Reserve Earnings 0 2,532 15,568 Foreign Military Sales Program 281 3,149 6,726 Housing and Urban Development programs 2 88 519 Individual Income and Employment Taxes, Not Withheld 306 4,107 28,449 Interest recd from cash investments 0 0 0 Justice Department programs 14 402 996 Postal Service 369 4,808 20,280 Public Debt Cash Issues (Table III-B) 56,641 342,414 2,026,458 Other Deposits: Emergency Prep & Response (DHS) 87 1,172 1,501 Export-Import Bank 177 291 598 Federal Finance Bank 230 238 377 Medicare Premiums 93 660 6,879 National Credit Union Administration 107 138 1,371 Thrift Savings Plan Transfer 81 406 7,706 Total Other Deposits 776 4,984 32,328 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 119,674 542,305 2,750,578 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 119,674 $ 542,305 $ 2,750,578 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, December 15, 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 $ 1,616 $ 12,171 Defense Vendor Payments (EFT) 1,071 14,590 59,920 Education Department programs 441 4,388 27,433 Energy Department programs 195 1,576 7,391 Federal Employees Insurance Payments 194 3,206 16,008 Fed. Highway Administration programs 304 1,859 9,910 Federal Salaries (EFT) 3,599 11,039 38,431 Food and Nutrition Service (misc) 233 1,724 6,845 GSA programs 51 1,000 4,553 Health and Human Services Grants (misc) 551 4,901 22,631 Housing and Urban Development programs 130 4,439 15,670 Interest on Treasury Securities 811 899 59,497 IRS Tax Refunds Business (EFT) 29 1,550 9,739 IRS Tax Refunds Individual (EFT) 0 358 9,181 Justice Department programs 67 761 4,120 Labor Dept. prgms (excl. unemployment) 46 649 2,991 Medicaid 588 18,316 81,003 Medicare and Other CMS Payments 1,381 14,257 84,348 Medicare Advantage - Part C&D Payments 0 22,956 50,520 Marketplace Payments 0 0 7,723 NASA programs 39 1,006 4,012 Postal Service Money Orders and Other 147 1,835 8,514 Public Debt Cash Redemp. (Table III-B) 26,696 356,246 1,815,855 Social Security Benefits (EFT) 47 39,450 182,173 Supple. Nutrition Assist. Program (SNAP) 211 3,342 16,013 Temporary Assistance for Needy Families (HHS) 44 626 3,496 Transportation Security Admin. (DHS) 6 101 461 Unemployment Insurance Benefits 53 1,196 5,733 Veterans Affairs programs 187 2,749 12,400 Other Withdrawals: Agriculture 60 777 3,203 Emergency Prep & Response (DHS) 79 2,097 12,220 Export-Import Bank 79 113 150 Interior 78 460 2,132 Military Active Duty Pay (EFT) 2,827 6,517 16,212 Thrift Savings Plan Transfer 411 2,296 8,221 Unclassified 860 12,726 60,727 Total, Other Withdrawals 4,395 49,334 171,665 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 41,631 565,969 2,750,406 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 41,631 $ 565,969 $ 2,750,406 Net Change in Operating Cash Balance $ 78,042 $ -23,663 $ 172 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, December 15, 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 $ 261,996 $ 1,398,944 Cash Management Series 0 9,000 59,001 Notes 44,000 43,999 462,594 Bonds 11,999 11,999 45,947 Inflation-Protected Securities Increment -27 -145 10,470 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 4 42 182 Interest Increment 2 467 1,394 Government Account Series 326,177 3,951,763 19,626,951 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 158 7,464 20,180 Other 887 9,580 46,904 Total Issues $ 383,200 $ 4,296,166 $ 21,672,566 (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 $ 313,985 $ 1,331,960 Notes 25,000 25,000 419,379 Bonds 0 0 3 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 37 531 2,401 Government Account Series 356,575 4,037,433 19,608,733 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 920 7,324 15,381 Other 740 9,406 46,731 Total Redemptions $ 383,271 $ 4,393,679 $ 21,424,587 Net Change in Public Debt Outstanding $ -71 $ -97,513 $ 247,979 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, December 15, 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) $ 383,200 $ 4,296,166 $ 21,672,566 Premium on New Issues 0 0 3 Discount on New Issues: Bills (-) 0 1,260 5,441 Bonds and Notes (-) 406 406 2,044 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 326,177 3,951,763 19,626,951 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 467 1,394 Inflation-Protected Securities Increment -27 -145 10,282 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 56,641 $ 342,414 $ 2,026,458 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 383,271 $ 4,393,679 $ 21,424,587 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 (-) 356,575 4,037,433 19,608,733 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 26,696 $ 356,246 $ 1,815,855 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, December 15, 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 $ 14,876,465 $ 14,875,267 $ 14,918,713 $ 14,673,429 Intragovernmental Holdings 5,616,413 5,617,683 5,671,679 5,571,471 Total Public Debt Outstanding 20,492,879 20,492,950 20,590,392 20,244,900 Less: Debt Not Subject to Limit: Other Debt 481 481 481 481 Unamortized Discount 24,966 25,037 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 $ 20,455,975 $ 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 Friday, December 15, 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 $ 15,586 $ 114,395 $ 500,495 Individual Income Taxes 386 2,082 9,953 Railroad Retirement Taxes 15 220 1,111 Excise Taxes 100 3,414 17,805 Corporation Income Taxes 45,458 60,267 74,069 Federal Unemployment Taxes 4 21 696 Estate and Gift Taxes & Misc IRS Rcpts. 0 24 166 Total $ 61,550 $ 180,423 $ 604,294 Cash Federal Tax Deposits: Direct $ 24 $ 1,163 $ 5,767 Through Depositaries 60,686 173,304 576,136 Total Cash FTD's $ 60,710 $ 174,468 $ 581,903 Inter-agency Transfers 840 5,955 22,390 Total $ 61,550 $ 180,423 $ 604,294 ___________________________________________________________________________________________ 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 15, 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) $ 32 $ 861 $ 10,441 IRS Tax Refunds Business (EFT) 29 1,550 9,739 IRS Tax Refunds Individual (Checks) 568 1,991 12,392 IRS Tax Refunds Individual (EFT) 0 358 9,181 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.