1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, December 21, 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 $ 183,859 $ 170,817 $ 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 $ 183,859 $ 170,817 $ 183,157 $ 159,322 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, December 21, 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) $ 21 $ 360 $ 1,689 Air Transport Security Fees 2 15 697 Cash FTD's Received (Table IV) 5,367 227,861 635,297 Commodity Credit Corporation programs 26 348 776 Customs and Certain Excise Taxes 77 1,215 9,263 Deposits by States: Supplemental Security Income 5 51 671 Unemployment 19 202 5,444 Education Department programs 228 3,816 14,502 Energy Department programs 28 846 2,180 Estate and Gift Taxes 80 1,193 4,821 Federal Reserve Earnings 0 3,986 17,022 Foreign Military Sales Program 39 3,719 7,296 Housing and Urban Development programs 3 100 531 Individual Income and Employment Taxes, Not Withheld 468 7,165 31,507 Interest recd from cash investments 0 0 0 Justice Department programs 16 666 1,260 Postal Service 356 6,522 21,994 Public Debt Cash Issues (Table III-B) 138,994 486,801 2,170,845 Other Deposits: Medicare Premiums 775 2,286 8,505 Total Other Deposits 775 7,774 35,118 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 146,505 752,640 2,960,913 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 146,505 $ 752,640 $ 2,960,913 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, December 21, 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 $ 187 $ 2,177 $ 12,731 Defense Vendor Payments (EFT) 1,837 21,691 67,021 Education Department programs 411 5,970 29,016 Energy Department programs 175 2,048 7,863 Federal Employees Insurance Payments 248 4,197 16,998 Fed. Highway Administration programs 147 2,489 10,540 Federal Salaries (EFT) 830 14,032 41,425 Food and Nutrition Service (misc) 94 2,325 7,445 GSA programs 108 1,320 4,873 Health and Human Services Grants (misc) 420 6,472 24,202 Housing and Urban Development programs 110 4,936 16,167 Interest on Treasury Securities 0 900 59,497 IRS Tax Refunds Business (EFT) 0 2,167 10,356 IRS Tax Refunds Individual (EFT) 4 470 9,293 Justice Department programs 55 1,013 4,372 Labor Dept. prgms (excl. unemployment) 87 873 3,215 Medicaid 2,774 23,526 86,213 Medicare and Other CMS Payments 1,869 21,329 91,420 Medicare Advantage - Part C&D Payments 0 22,956 50,520 Marketplace Payments 0 3,197 10,920 NASA programs 262 1,535 4,541 Postal Service Money Orders and Other 99 2,416 9,095 Public Debt Cash Redemp. (Table III-B) 121,729 481,102 1,940,711 Social Security Benefits (EFT) 1/ -10 55,359 198,082 Supple. Nutrition Assist. Program (SNAP) 175 4,509 17,180 Temporary Assistance for Needy Families (HHS) 14 795 3,666 Transportation Security Admin. (DHS) 6 122 482 Unemployment Insurance Benefits 77 1,740 6,277 Veterans Affairs programs 243 3,584 13,235 Other Withdrawals: Agency for Internat'l Development 70 1,452 4,243 Agriculture 57 1,181 3,607 Agriculture Loan Payments (misc) 56 507 1,747 Emergency Prep & Response (DHS) 129 2,798 12,921 Environmental Protection Agency 59 603 1,584 Federal Transit Admin. 55 817 2,747 Thrift Savings Plan Transfer 252 3,614 9,540 Unclassified 832 16,642 64,642 Total, Other Withdrawals 1,510 56,686 179,017 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 133,463 751,938 2,936,376 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 133,463 $ 751,938 $ 2,936,376 Net Change in Operating Cash Balance $ 13,042 $ 702 $ 24,537 1/Reported as a negative amount due to a return/reversal of $11 million 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, December 21, 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 $ 133,997 $ 395,993 $ 1,532,941 Cash Management Series 0 9,000 59,001 Notes 0 43,999 462,594 Bonds 0 11,999 45,947 Inflation-Protected Securities Increment -29 -306 10,309 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 4 59 198 Interest Increment 3 477 1,404 Government Account Series 301,217 5,217,709 20,892,896 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 4,138 14,789 27,505 Other 1,350 13,123 50,447 Total Issues $ 440,680 $ 5,706,841 $ 23,083,241 (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 $ 119,987 $ 433,971 $ 1,451,947 Notes 0 25,000 419,379 Bonds 0 0 3 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 80 756 2,625 Government Account Series 318,528 5,323,184 20,894,484 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 328 8,439 16,496 Other 1,333 12,936 50,261 Total Redemptions $ 440,257 $ 5,804,286 $ 22,835,195 Net Change in Public Debt Outstanding $ 423 $ -97,445 $ 248,047 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, December 21, 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) $ 440,680 $ 5,706,841 $ 23,083,241 Premium on New Issues 0 0 3 Discount on New Issues: Bills (-) 494 1,754 5,935 Bonds and Notes (-) 0 406 2,044 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 301,217 5,217,709 20,892,896 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 477 1,404 Inflation-Protected Securities Increment -29 -306 10,121 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 138,994 $ 486,801 $ 2,170,845 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 440,257 $ 5,804,286 $ 22,835,195 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 (-) 318,528 5,323,184 20,894,484 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 121,729 $ 481,102 $ 1,940,711 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, December 21, 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 $ 14,874,301 $ 14,872,404 $ 14,918,713 $ 14,673,429 Intragovernmental Holdings 5,618,646 5,620,119 5,671,679 5,571,471 Total Public Debt Outstanding 20,492,947 20,492,524 20,590,392 20,244,900 Less: Debt Not Subject to Limit: Other Debt 481 481 481 481 Unamortized Discount 25,034 24,611 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 Thursday, December 21, 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 $ 5,812 $ 166,580 $ 552,679 Individual Income Taxes 236 3,001 10,871 Railroad Retirement Taxes 6 303 1,194 Excise Taxes 58 3,545 17,937 Corporation Income Taxes 116 61,840 75,642 Federal Unemployment Taxes 2 30 705 Estate and Gift Taxes & Misc IRS Rcpts. 3 39 181 Total $ 6,233 $ 235,338 $ 659,209 Cash Federal Tax Deposits: Direct $ 67 $ 1,468 $ 6,072 Through Depositaries 5,300 226,393 629,225 Total Cash FTD's $ 5,367 $ 227,861 $ 635,297 Inter-agency Transfers 866 7,477 23,912 Total $ 6,233 $ 235,338 $ 659,209 ___________________________________________________________________________________________ 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 21, 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) $ 13 $ 1,229 $ 10,809 IRS Tax Refunds Business (EFT) 0 2,167 10,356 IRS Tax Refunds Individual (Checks) 20 2,062 12,464 IRS Tax Refunds Individual (EFT) 4 470 9,293 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.