1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, December 18, 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 $ 405,951 $ 413,686 $ 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 $ 405,951 $ 413,686 $ 344,874 $ 384,713 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, December 18, 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) $ 45 $ 1,708 $ 2,847 Air Transport Security Fees 1 11 740 Cash FTD's Received (Table IV) 4,622 180,985 594,224 Commodity Credit Corporation programs 43 358 1,416 Customs and Certain Excise Taxes 136 1,741 15,584 Deposits by States: Supplemental Security Income 4 36 635 Unemployment 8 193 5,113 Education Department programs 412 3,258 14,369 Energy Department programs 30 282 1,807 Estate and Gift Taxes 98 986 4,355 Federal Reserve Earnings 0 1,848 10,868 Foreign Military Sales Program 1,169 4,154 10,514 Housing and Urban Development programs 1 72 493 Individual Income and Employment Taxes, Not Withheld 461 4,552 32,202 Interest recd from cash investments 0 0 0 Justice Department programs 9 688 3,188 Postal Service 508 5,359 21,862 Public Debt Cash Issues (Table III-B) 71,128 474,028 2,474,253 Other Deposits: Defense Finance & Accounting Service 52 329 1,446 Medicare Premiums 55 893 7,167 Thrift Savings Plan Transfer 286 1,155 9,655 Total Other Deposits 393 6,585 33,988 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 79,068 686,848 3,228,457 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 79,068 $ 686,848 $ 3,228,457 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, December 18, 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 $ 174 $ 1,981 $ 10,041 Defense Vendor Payments (EFT) 2,662 17,885 72,378 Education Department programs 390 5,688 29,717 Energy Department programs 121 1,708 8,122 Federal Employees Insurance Payments 211 4,066 17,880 Fed. Highway Administration programs 137 2,122 10,228 Federal Salaries (EFT) 409 10,022 42,788 Food and Nutrition Service (misc) 110 1,609 6,967 GSA programs 70 1,114 4,929 Health and Human Services Grants (misc) 427 5,559 24,197 Housing and Urban Development programs 159 4,877 17,641 Interest on Treasury Securities 0 1,229 66,832 IRS Tax Refunds Business (EFT) 152 2,685 8,389 IRS Tax Refunds Individual (EFT) 2 448 9,568 Justice Department programs 80 889 4,581 Labor Dept. prgms (excl. unemployment) 54 700 3,001 Medicaid 895 20,869 82,545 Medicare and Other CMS Payments 1,621 16,406 89,695 Medicare Advantage - Part C&D Payments 0 0 75,653 Marketplace Payments 0 0 10,847 NASA programs 51 1,358 4,539 Postal Service Money Orders and Other 141 2,136 9,358 Public Debt Cash Redemp. (Table III-B) 76,285 440,129 2,178,168 Social Security Benefits (EFT) 54 40,431 188,942 Supple. Nutrition Assist. Program (SNAP) 182 3,713 15,073 Temporary Assistance for Needy Families (HHS) 44 709 3,459 Transportation Security Admin. (DHS) 19 97 534 Unemployment Insurance Benefits 183 1,380 5,553 Veterans Affairs programs 220 2,548 14,641 Other Withdrawals: Agriculture 215 1,036 4,023 Emergency Prep & Response (DHS) 98 1,134 4,361 Federal Crop Ins. Corp. 58 570 5,862 HHS: Indian Health Service 75 203 832 State Department 50 556 3,248 Unclassified 1,452 14,748 58,620 Total, Other Withdrawals 1,949 33,413 190,953 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 86,802 625,770 3,207,218 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 86,802 $ 625,770 $ 3,207,218 Net Change in Operating Cash Balance $ -7,734 $ 61,078 $ 21,239 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, December 18, 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 $ 69,991 $ 385,983 $ 1,791,104 Cash Management Series 0 0 0 Notes 0 61,997 583,330 Bonds 0 16,000 58,874 Inflation-Protected Securities Increment 80 1,405 3,913 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 39 173 Interest Increment 2 481 1,436 Government Account Series 382,102 4,406,844 20,608,673 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 76 1,104 10,725 Other 1,240 10,571 44,830 Total Issues $ 453,494 $ 4,884,425 $ 23,103,057 (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 $ 74,998 $ 400,111 $ 1,656,068 Notes 0 23,994 450,633 Bonds 0 0 7,175 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 52 611 2,283 Government Account Series 368,383 4,408,888 20,555,448 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 4,877 17,266 Other 1,235 10,538 44,741 Total Redemptions $ 444,667 $ 4,849,017 $ 22,733,614 Net Change in Public Debt Outstanding $ 8,827 $ 35,408 $ 369,443 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, December 18, 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) $ 453,494 $ 4,884,425 $ 23,103,057 Premium on New Issues 0 1,076 1,076 Discount on New Issues: Bills (-) 182 2,609 11,936 Bonds and Notes (-) 0 134 4,093 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 382,102 4,406,844 20,608,673 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 481 1,436 Inflation-Protected Securities Increment 80 1,405 3,742 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 71,128 $ 474,028 $ 2,474,253 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 444,667 $ 4,849,017 $ 22,733,614 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 (-) 368,383 4,408,888 20,555,448 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 76,285 $ 440,129 $ 2,178,168 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, December 18, 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 $ 16,082,126 $ 16,086,439 $ 16,044,318 $ 15,761,155 Intragovernmental Holdings 5,803,375 5,790,236 5,805,776 5,754,904 Total Public Debt Outstanding 21,885,501 21,876,675 21,850,094 21,516,058 Less: Debt Not Subject to Limit: Other Debt 480 480 480 480 Unamortized Discount 30,842 30,818 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 $ 21,843,841 $ 21,835,038 $ 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 Tuesday, December 18, 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 $ 4,318 $ 135,983 $ 519,108 Individual Income Taxes 198 2,607 13,073 Railroad Retirement Taxes 2 255 1,144 Excise Taxes 20 3,540 27,614 Corporation Income Taxes 951 44,864 55,311 Federal Unemployment Taxes 2 24 735 Estate and Gift Taxes & Misc IRS Rcpts. 3 31 208 Total $ 5,492 $ 187,304 $ 617,193 Cash Federal Tax Deposits: Direct $ 58 $ 1,102 $ 5,705 Through Depositaries 4,564 179,883 588,519 Total Cash FTD's $ 4,622 $ 180,985 $ 594,224 Inter-agency Transfers 869 6,319 22,969 Total $ 5,492 $ 187,304 $ 617,193 ___________________________________________________________________________________________ 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 Tuesday, December 18, 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) $ 749 $ 2,161 $ 8,755 IRS Tax Refunds Business (EFT) 152 2,685 8,389 IRS Tax Refunds Individual (Checks) 16 1,635 12,949 IRS Tax Refunds Individual (EFT) 2 448 9,568 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.