1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, December 18, 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 $ 180,621 $ 159,494 $ 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 $ 180,621 $ 159,494 $ 183,157 $ 159,322 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, December 18, 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) $ 30 $ 298 $ 1,627 Air Transport Security Fees 2 10 692 Cash FTD's Received (Table IV) 31,202 205,669 613,105 Commodity Credit Corporation programs 18 284 712 Customs and Certain Excise Taxes 82 963 9,011 Deposits by States: Supplemental Security Income 1 41 661 Unemployment 12 160 5,402 Education Department programs 311 3,020 13,706 Energy Department programs 11 261 1,595 Estate and Gift Taxes 133 916 4,544 Federal Reserve Earnings 0 2,532 15,568 Foreign Military Sales Program 420 3,569 7,146 Housing and Urban Development programs 4 92 523 Individual Income and Employment Taxes, Not Withheld 415 4,522 28,863 Interest recd from cash investments 0 0 0 Justice Department programs 19 421 1,015 Postal Service 475 5,283 20,755 Public Debt Cash Issues (Table III-B) 758 343,172 2,027,217 Other Deposits: Medicare Premiums 170 829 7,049 Total Other Deposits 170 5,153 32,497 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 34,062 576,368 2,784,640 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 34,062 $ 576,368 $ 2,784,640 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, December 18, 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 $ 132 $ 1,748 $ 12,303 Defense Vendor Payments (EFT) 1,538 16,128 61,458 Education Department programs 322 4,710 27,756 Energy Department programs 54 1,630 7,445 Federal Employees Insurance Payments 200 3,406 16,208 Fed. Highway Administration programs 76 1,935 9,987 Federal Salaries (EFT) 1,642 12,680 40,073 Food and Nutrition Service (misc) 159 1,883 7,004 GSA programs 55 1,055 4,608 Health and Human Services Grants (misc) 432 5,333 23,063 Housing and Urban Development programs 129 4,568 15,799 Interest on Treasury Securities 0 899 59,497 IRS Tax Refunds Business (EFT) 137 1,687 9,876 IRS Tax Refunds Individual (EFT) 6 363 9,186 Justice Department programs 75 836 4,195 Labor Dept. prgms (excl. unemployment) 37 686 3,028 Medicaid 1,535 19,851 82,538 Medicare and Other CMS Payments 1,472 15,729 85,820 Medicare Advantage - Part C&D Payments 0 22,956 50,520 Marketplace Payments 0 0 7,723 NASA programs 55 1,061 4,066 Postal Service Money Orders and Other 221 2,056 8,735 Public Debt Cash Redemp. (Table III-B) 1,542 357,789 1,817,398 Social Security Benefits (EFT) 56 39,506 182,229 Supple. Nutrition Assist. Program (SNAP) 607 3,949 16,620 Temporary Assistance for Needy Families (HHS) 46 672 3,542 Transportation Security Admin. (DHS) 2 104 463 Unemployment Insurance Benefits 129 1,324 5,862 Veterans Affairs programs 233 2,982 12,633 Other Withdrawals: Agriculture 61 838 3,264 Deposit Insurance Fund 115 144 250 Emergency Prep & Response (DHS) 168 2,265 12,388 Federal Transit Admin. 63 581 2,511 Thrift Savings Plan Transfer 342 2,638 8,564 Unclassified 1,293 14,019 62,019 Total, Other Withdrawals 2,042 51,376 173,707 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 12,934 578,903 2,763,341 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 12,934 $ 578,903 $ 2,763,341 Net Change in Operating Cash Balance $ 21,128 $ -2,536 $ 21,300 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, December 18, 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 0 43,999 462,594 Bonds 0 11,999 45,947 Inflation-Protected Securities Increment -80 -225 10,390 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 6 48 188 Interest Increment 2 469 1,396 Government Account Series 325,176 4,276,938 19,952,126 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 20 7,485 20,200 Other 733 10,313 47,636 Total Issues $ 325,856 $ 4,622,021 $ 21,998,422 (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 0 25,000 419,379 Bonds 0 0 3 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 47 578 2,448 Government Account Series 324,526 4,361,959 19,933,259 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 761 8,085 16,142 Other 735 10,141 47,466 Total Redemptions $ 326,069 $ 4,719,748 $ 21,750,656 Net Change in Public Debt Outstanding $ -213 $ -97,726 $ 247,766 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, December 18, 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) $ 325,856 $ 4,622,021 $ 21,998,422 Premium on New Issues 0 0 3 Discount on New Issues: Bills (-) 0 1,260 5,441 Bonds and Notes (-) 0 406 2,044 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 325,176 4,276,938 19,952,126 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 469 1,396 Inflation-Protected Securities Increment -80 -225 10,202 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 758 $ 343,172 $ 2,027,217 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 326,069 $ 4,719,748 $ 21,750,656 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 (-) 324,526 4,361,959 19,933,259 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,542 $ 357,789 $ 1,817,398 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, December 18, 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 $ 14,871,115 $ 14,876,465 $ 14,918,713 $ 14,673,429 Intragovernmental Holdings 5,621,551 5,616,413 5,671,679 5,571,471 Total Public Debt Outstanding 20,492,666 20,492,879 20,590,392 20,244,900 Less: Debt Not Subject to Limit: Other Debt 481 481 481 481 Unamortized Discount 24,753 24,966 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 Monday, December 18, 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 $ 30,681 $ 145,076 $ 531,176 Individual Income Taxes 294 2,376 10,247 Railroad Retirement Taxes 73 293 1,184 Excise Taxes 22 3,436 17,827 Corporation Income Taxes 764 61,031 74,832 Federal Unemployment Taxes 2 23 698 Estate and Gift Taxes & Misc IRS Rcpts. 2 26 168 Total $ 31,837 $ 212,260 $ 636,131 Cash Federal Tax Deposits: Direct $ 61 $ 1,225 $ 5,829 Through Depositaries 31,140 204,444 607,277 Total Cash FTD's $ 31,202 $ 205,669 $ 613,105 Inter-agency Transfers 636 6,591 23,026 Total $ 31,837 $ 212,260 $ 636,131 ___________________________________________________________________________________________ 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 Monday, December 18, 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) $ 28 $ 889 $ 10,469 IRS Tax Refunds Business (EFT) 137 1,687 9,876 IRS Tax Refunds Individual (Checks) 27 2,018 12,419 IRS Tax Refunds Individual (EFT) 6 363 9,186 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.