1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, December 12, 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 $ 322,663 $ 334,446 $ 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 $ 322,663 $ 334,446 $ 344,874 $ 384,713 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, December 12, 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) $ 613 $ 1,066 $ 2,205 Air Transport Security Fees 2 8 736 Cash FTD's Received (Table IV) 10,466 85,888 499,127 Commodity Credit Corporation programs 29 217 1,274 Customs and Certain Excise Taxes 125 1,105 14,949 Deposits by States: Supplemental Security Income 1 28 627 Unemployment 14 154 5,074 Education Department programs 210 2,098 13,209 Energy Department programs 6 89 1,613 Estate and Gift Taxes 199 652 4,022 Federal Reserve Earnings 1,318 1,848 10,868 Foreign Military Sales Program 39 2,707 9,066 Housing and Urban Development programs 2 65 486 Individual Income and Employment Taxes, Not Withheld 868 3,007 30,657 Interest recd from cash investments 0 0 0 Justice Department programs 20 645 3,144 Postal Service 394 3,617 20,120 Public Debt Cash Issues (Table III-B) 983 247,022 2,247,248 Other Deposits: Dept of Transportation (DOT) 440 540 638 Federal Housing Admin: Note Sales 53 1,073 4,112 International Monetary Fund 511 1,913 2,449 Total Other Deposits 1,003 4,929 32,331 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 16,291 355,145 2,896,755 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 16,291 $ 355,145 $ 2,896,755 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, December 12, 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 $ 128 $ 1,256 $ 9,316 Defense Vendor Payments (EFT) 994 10,463 64,957 Education Department programs 603 3,547 27,576 Energy Department programs 138 898 7,313 Federal Employees Insurance Payments 272 2,936 16,750 Fed. Highway Administration programs 323 1,379 9,485 Federal Salaries (EFT) 111 3,802 36,569 Food and Nutrition Service (misc) 257 1,037 6,395 GSA programs 50 834 4,649 Health and Human Services Grants (misc) 371 3,615 22,252 Housing and Urban Development programs 149 4,256 17,021 Interest on Treasury Securities 0 86 65,690 IRS Tax Refunds Business (EFT) 385 1,464 7,168 IRS Tax Refunds Individual (EFT) 143 428 9,548 Justice Department programs 97 579 4,270 Labor Dept. prgms (excl. unemployment) 44 466 2,767 Medicaid 1,072 13,754 75,430 Medicare and Other CMS Payments 1,942 10,425 83,714 Medicare Advantage - Part C&D Payments 0 0 75,653 Marketplace Payments 0 0 10,847 NASA programs 61 931 4,112 Postal Service Money Orders and Other 157 1,495 8,716 Public Debt Cash Redemp. (Table III-B) 712 245,590 1,983,629 Social Security Benefits (EFT) 17,375 40,223 188,734 Supple. Nutrition Assist. Program (SNAP) 271 2,379 13,739 Temporary Assistance for Needy Families (HHS) 30 417 3,167 Transportation Security Admin. (DHS) 12 59 496 Unemployment Insurance Benefits 111 917 5,091 Veterans Affairs programs 212 1,603 13,697 Other Withdrawals: Agriculture 56 585 3,572 Federal Aviation Administration 50 214 1,763 Federal Transit Admin. 78 296 2,116 International Monetary Fund 546 840 2,382 Thrift Savings Plan Transfer 72 1,325 8,091 Unclassified 1,252 9,641 53,513 Total, Other Withdrawals 2,054 22,516 180,057 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 28,074 377,357 2,958,805 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 28,074 $ 377,357 $ 2,958,805 Net Change in Operating Cash Balance $ -11,783 $ -22,211 $ -62,050 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, December 12, 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 $ 0 $ 240,996 $ 1,646,117 Cash Management Series 0 0 0 Notes 0 -2 521,331 Bonds 0 0 42,874 Inflation-Protected Securities Increment 80 929 3,436 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 24 159 Interest Increment 2 473 1,427 Government Account Series 375,865 2,909,018 19,110,847 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 324 913 10,534 Other 656 6,832 41,091 Total Issues $ 376,930 $ 3,159,183 $ 21,377,816 (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 $ 235,107 $ 1,491,064 Notes 0 0 426,639 Bonds 0 0 7,175 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 47 423 2,096 Government Account Series 389,306 2,927,031 19,073,591 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 5 3,252 15,642 Other 660 6,808 41,012 Total Redemptions $ 390,018 $ 3,172,621 $ 21,057,218 Net Change in Public Debt Outstanding $ -13,089 $ -13,438 $ 320,598 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, December 12, 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) $ 376,930 $ 3,159,183 $ 21,377,816 Premium on New Issues 0 0 0 Discount on New Issues: Bills (-) 0 1,741 11,068 Bonds and Notes (-) 0 0 3,960 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 375,865 2,909,018 19,110,847 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 473 1,427 Inflation-Protected Securities Increment 80 929 3,265 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 983 $ 247,022 $ 2,247,248 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 390,018 $ 3,172,621 $ 21,057,218 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 (-) 389,306 2,927,031 19,073,591 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 712 $ 245,590 $ 1,983,629 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, December 12, 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 $ 16,048,946 $ 16,048,689 $ 16,044,318 $ 15,761,155 Intragovernmental Holdings 5,787,710 5,801,055 5,805,776 5,754,904 Total Public Debt Outstanding 21,836,656 21,849,745 21,850,094 21,516,058 Less: Debt Not Subject to Limit: Other Debt 480 480 480 480 Unamortized Discount 30,925 31,083 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 $ 21,794,912 $ 21,807,842 $ 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 Wednesday, December 12, 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 $ 8,930 $ 84,997 $ 468,123 Individual Income Taxes 161 1,285 11,751 Railroad Retirement Taxes 3 185 1,074 Excise Taxes 437 815 24,889 Corporation Income Taxes 938 2,462 12,909 Federal Unemployment Taxes 2 15 726 Estate and Gift Taxes & Misc IRS Rcpts. 1 28 205 Total $ 10,471 $ 89,788 $ 519,677 Cash Federal Tax Deposits: Direct $ 70 $ 280 $ 4,882 Through Depositaries 10,396 85,608 494,244 Total Cash FTD's $ 10,466 $ 85,888 $ 499,127 Inter-agency Transfers 5 3,900 20,550 Total $ 10,471 $ 89,788 $ 519,677 ___________________________________________________________________________________________ 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 12, 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) $ 31 $ 963 $ 7,557 IRS Tax Refunds Business (EFT) 385 1,464 7,168 IRS Tax Refunds Individual (Checks) 32 1,048 12,361 IRS Tax Refunds Individual (EFT) 143 428 9,548 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.