1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, December 27, 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 $ 186,486 $ 202,567 $ 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 $ 186,486 $ 202,567 $ 183,157 $ 159,322 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, December 27, 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) $ 24 $ 895 $ 2,224 Air Transport Security Fees 6 55 737 Cash FTD's Received (Table IV) 6,346 267,271 674,707 Commodity Credit Corporation programs 11 396 824 Customs and Certain Excise Taxes 84 3,636 11,684 Deposits by States: Supplemental Security Income 3 60 680 Unemployment 8 233 5,476 Education Department programs 368 4,635 15,321 Energy Department programs 71 1,091 2,425 Estate and Gift Taxes 14 1,374 5,002 Federal Reserve Earnings 1,090 5,076 18,111 Foreign Military Sales Program 84 3,917 7,494 Housing and Urban Development programs 83 206 637 Individual Income and Employment Taxes, Not Withheld 1,056 9,220 33,562 Interest recd from cash investments 0 0 0 Justice Department programs 10 739 1,332 Postal Service 332 7,618 23,089 Public Debt Cash Issues (Table III-B) 998 489,299 2,173,343 Other Deposits: Securities and Exchange Commission 124 208 368 Total Other Deposits 124 8,997 36,341 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 10,712 804,717 3,012,990 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 10,712 $ 804,717 $ 3,012,990 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, December 27, 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 $ 108 $ 2,516 $ 13,071 Defense Vendor Payments (EFT) 2,543 27,305 72,635 Education Department programs 560 7,775 30,821 Energy Department programs 121 2,593 8,408 Federal Employees Insurance Payments 228 5,411 18,213 Fed. Highway Administration programs 171 3,151 11,202 Federal Salaries (EFT) 131 14,298 41,691 Food and Nutrition Service (misc) 62 2,714 7,834 GSA programs 64 1,575 5,127 Health and Human Services Grants (misc) 367 7,713 25,443 Housing and Urban Development programs 136 5,380 16,611 Interest on Treasury Securities 2 902 59,500 IRS Tax Refunds Business (EFT) 0 2,186 10,375 IRS Tax Refunds Individual (EFT) 2 480 9,303 Justice Department programs 65 1,246 4,605 Labor Dept. prgms (excl. unemployment) 31 1,054 3,397 Medicaid 945 25,498 88,184 Medicare and Other CMS Payments 2,443 28,740 98,831 Medicare Advantage - Part C&D Payments 0 22,956 50,520 Marketplace Payments 0 3,197 10,920 NASA programs 81 2,026 5,031 Postal Service Money Orders and Other 159 2,763 9,442 Public Debt Cash Redemp. (Table III-B) 794 483,477 1,943,086 Social Security Benefits (EFT) 16,026 71,381 214,105 Supple. Nutrition Assist. Program (SNAP) 64 5,356 18,027 Temporary Assistance for Needy Families (HHS) 20 867 3,737 Transportation Security Admin. (DHS) 21 186 546 Unemployment Insurance Benefits 172 2,130 6,667 Veterans Affairs programs 245 4,338 13,990 Other Withdrawals: Agriculture 53 1,336 3,762 Centers for Disease Control 52 352 1,139 Emergency Prep & Response (DHS) 1/ -83 3,238 13,362 Small Business Administration 55 423 1,085 TARP 154 349 730 Thrift Savings Plan Transfer 267 3,999 9,925 Unclassified 733 19,293 67,293 Total, Other Withdrawals 1,233 62,173 184,504 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 26,793 801,388 2,985,826 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 26,793 $ 801,388 $ 2,985,826 Net Change in Operating Cash Balance $ -16,081 $ 3,329 $ 27,164 1/Reported as a negative amount due to a return/reversal of $83 million. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, December 27, 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 $ 395,989 $ 1,532,938 Cash Management Series 0 9,000 59,001 Notes 0 43,999 462,594 Bonds 0 11,999 45,947 Inflation-Protected Securities Increment -28 -467 10,148 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 4 73 212 Interest Increment 2 481 1,407 Government Account Series 300,785 6,100,733 21,775,921 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 250 15,042 27,758 Other 744 15,358 52,682 Total Issues $ 301,757 $ 6,592,207 $ 23,968,608 (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 $ 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 47 887 2,757 Government Account Series 301,035 6,206,610 21,777,910 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 8,443 16,499 Other 747 15,176 52,501 Total Redemptions $ 301,829 $ 6,690,087 $ 23,720,995 Net Change in Public Debt Outstanding $ -72 $ -97,879 $ 247,612 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, December 27, 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) $ 301,757 $ 6,592,207 $ 23,968,608 Premium on New Issues 0 0 3 Discount on New Issues: Bills (-) 0 1,754 5,935 Bonds and Notes (-) 0 406 2,044 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 300,785 6,100,733 21,775,921 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 481 1,407 Inflation-Protected Securities Increment -28 -467 9,961 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 998 $ 489,299 $ 2,173,343 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 301,829 $ 6,690,087 $ 23,720,995 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 (-) 301,035 6,206,610 21,777,910 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 794 $ 483,477 $ 1,943,086 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, December 27, 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 $ 14,862,808 $ 14,861,711 $ 14,918,713 $ 14,673,429 Intragovernmental Holdings 5,629,704 5,630,874 5,671,679 5,571,471 Total Public Debt Outstanding 20,492,513 20,492,585 20,590,392 20,244,900 Less: Debt Not Subject to Limit: Other Debt 481 481 481 481 Unamortized Discount 24,600 24,672 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 Wednesday, December 27, 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 $ 5,177 $ 202,333 $ 588,432 Individual Income Taxes 303 4,039 11,909 Railroad Retirement Taxes 1 391 1,283 Excise Taxes 65 3,881 18,272 Corporation Income Taxes 781 64,064 77,866 Federal Unemployment Taxes 33 70 745 Estate and Gift Taxes & Misc IRS Rcpts. 0 43 186 Total $ 6,361 $ 274,821 $ 698,692 Cash Federal Tax Deposits: Direct $ 46 $ 1,745 $ 6,349 Through Depositaries 6,301 265,526 668,358 Total Cash FTD's $ 6,346 $ 267,271 $ 674,707 Inter-agency Transfers 15 7,550 23,985 Total $ 6,361 $ 274,821 $ 698,692 ___________________________________________________________________________________________ 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 Wednesday, December 27, 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) $ 0 $ 1,515 $ 11,095 IRS Tax Refunds Business (EFT) 0 2,186 10,375 IRS Tax Refunds Individual (Checks) 5 2,484 12,886 IRS Tax Refunds Individual (EFT) 2 480 9,303 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.