1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, December 7, 2018 (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 $ 335,704 $ 335,333 $ 344,874 $ 384,713 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 335,704 $ 335,333 $ 344,874 $ 384,713 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, December 7, 2018 (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 $ 161 $ 1,300 Air Transport Security Fees 1 4 732 Cash FTD's Received (Table IV) 7,393 55,457 468,696 Commodity Credit Corporation programs 31 133 1,191 Customs and Certain Excise Taxes 15 548 14,392 Deposits by States: Supplemental Security Income 2 16 614 Unemployment 14 119 5,038 Education Department programs 235 1,268 12,379 Energy Department programs 14 62 1,586 Estate and Gift Taxes 84 354 3,723 Federal Reserve Earnings 0 530 9,550 Foreign Military Sales Program 529 2,399 8,758 Housing and Urban Development programs 14 40 461 Individual Income and Employment Taxes, Not Withheld 251 1,488 29,137 Interest recd from cash investments 0 0 0 Justice Department programs 6 96 2,595 Postal Service 388 2,225 18,728 Public Debt Cash Issues (Table III-B) 722 174,250 2,174,475 Other Deposits: FCC - Universal Service Fund 52 141 1,606 Federal Housing Admin: Note Sales 185 824 3,863 Medicare Premiums 182 435 6,708 Total Other Deposits 419 1,733 29,135 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 10,136 240,882 2,782,491 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 10,136 $ 240,882 $ 2,782,491 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, December 7, 2018 (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 $ 249 $ 779 $ 8,839 Defense Vendor Payments (EFT) 1,063 5,867 60,360 Education Department programs 636 1,884 25,913 Energy Department programs 153 543 6,958 Federal Employees Insurance Payments 420 1,404 15,218 Fed. Highway Administration programs 133 901 9,007 Federal Salaries (EFT) 120 3,581 36,348 Food and Nutrition Service (misc) 145 579 5,937 GSA programs 116 679 4,494 Health and Human Services Grants (misc) 447 2,026 20,663 Housing and Urban Development programs 207 3,745 16,510 Interest on Treasury Securities 0 86 65,690 IRS Tax Refunds Business (EFT) 16 644 6,348 IRS Tax Refunds Individual (EFT) 1/ -1 281 9,401 Justice Department programs 60 342 4,034 Labor Dept. prgms (excl. unemployment) 148 347 2,647 Medicaid 1,454 8,082 69,758 Medicare and Other CMS Payments 651 5,982 79,271 Medicare Advantage - Part C&D Payments 0 0 75,653 Marketplace Payments 0 0 10,847 NASA programs 194 582 3,763 Postal Service Money Orders and Other 151 960 8,181 Public Debt Cash Redemp. (Table III-B) 691 167,825 1,905,863 Social Security Benefits (EFT) 79 22,728 171,239 Supple. Nutrition Assist. Program (SNAP) 229 1,162 12,522 Temporary Assistance for Needy Families (HHS) 45 313 3,063 Transportation Security Admin. (DHS) 11 35 472 Unemployment Insurance Benefits 43 508 4,681 Veterans Affairs programs 229 903 12,997 Other Withdrawals: Agency for Internat'l Development 196 1,062 4,556 Agriculture 78 405 3,392 Emergency Prep & Response (DHS) 260 698 3,925 Federal Aviation Administration 59 122 1,671 Federal Crop Ins. Corp. 100 241 5,532 Federal Transit Admin. 60 154 1,975 Interior 62 179 1,715 State Department 87 172 2,864 Thrift Savings Plan Transfer 55 1,093 7,858 Unclassified 1,118 5,879 49,752 Total, Other Withdrawals 2,076 17,282 174,822 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 9,764 250,051 2,831,499 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 9,764 $ 250,051 $ 2,831,499 Net Change in Operating Cash Balance $ 372 $ -9,169 $ -49,008 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, December 7, 2018 (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 $ -1 $ 171,002 $ 1,576,123 Cash Management Series 0 0 0 Notes 0 -2 521,331 Bonds 0 0 42,874 Inflation-Protected Securities Increment 81 531 3,039 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 14 149 Interest Increment 3 467 1,421 Government Account Series 373,222 1,780,521 17,982,350 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 80 467 10,089 Other 641 4,325 38,583 Total Issues $ 374,028 $ 1,957,325 $ 20,175,957 (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 $ 160,005 $ 1,415,961 Notes 0 0 426,639 Bonds 0 0 7,175 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 48 277 1,950 Government Account Series 374,012 1,788,749 17,935,309 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 3,229 15,619 Other 643 4,313 38,517 Total Redemptions $ 374,702 $ 1,956,574 $ 19,841,170 Net Change in Public Debt Outstanding $ -675 $ 751 $ 334,787 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, December 7, 2018 (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) $ 374,028 $ 1,957,325 $ 20,175,957 Premium on New Issues 0 0 0 Discount on New Issues: Bills (-) 0 1,556 10,883 Bonds and Notes (-) 0 0 3,960 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 373,222 1,780,521 17,982,350 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 467 1,421 Inflation-Protected Securities Increment 81 531 2,868 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 722 $ 174,250 $ 2,174,475 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 374,702 $ 1,956,574 $ 19,841,170 Premium on Debt Buyback Operation 0 0 0 Discount on Debt Buyback Operation (-) 0 0 -2 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 374,012 1,788,749 17,935,309 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 691 $ 167,825 $ 1,905,863 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, December 7, 2018 (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 $ 16,053,050 $ 16,052,955 $ 16,044,318 $ 15,761,155 Intragovernmental Holdings 5,797,795 5,798,564 5,805,776 5,754,904 Total Public Debt Outstanding 21,850,845 21,851,519 21,850,094 21,516,058 Less: Debt Not Subject to Limit: Other Debt 480 480 480 480 Unamortized Discount 31,532 31,691 31,073 30,390 Federal Financing Bank 10,339 10,339 10,339 10,339 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 $ 21,808,493 $ 21,809,009 $ 21,808,202 $ 21,474,848 Statutory Debt Limit * * * * *Statutory debt limit is temporarily suspended through March 1, 2019 Unamortized Discount represents the discount adj. on Treasury bills and zero-coupon bonds. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Friday, December 7, 2018 (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 $ 7,101 $ 57,352 $ 440,477 Individual Income Taxes 110 731 11,197 Railroad Retirement Taxes 16 75 964 Excise Taxes 31 99 24,173 Corporation Income Taxes 161 656 11,103 Federal Unemployment Taxes 2 10 721 Estate and Gift Taxes & Misc IRS Rcpts. 6 18 195 Total $ 7,427 $ 58,940 $ 488,828 Cash Federal Tax Deposits: Direct $ 43 $ 144 $ 4,747 Through Depositaries 7,350 55,312 463,949 Total Cash FTD's $ 7,393 $ 55,457 $ 468,696 Inter-agency Transfers 34 3,483 20,133 Total $ 7,427 $ 58,940 $ 488,828 ___________________________________________________________________________________________ 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 7, 2018 (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) $ 21 $ 601 $ 7,196 IRS Tax Refunds Business (EFT) 16 644 6,348 IRS Tax Refunds Individual (Checks) 908 981 12,295 IRS Tax Refunds Individual (EFT) 1/ -1 281 9,401 1/Reported as a negative amount due to a return/reversal of $6 million. 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.