1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, December 21, 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 $ 369,800 $ 369,121 $ 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 $ 369,800 $ 369,121 $ 344,874 $ 384,713 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, December 21, 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) $ 105 $ 1,928 $ 3,067 Air Transport Security Fees 4 23 751 Cash FTD's Received (Table IV) 10,849 208,334 621,573 Commodity Credit Corporation programs 85 536 1,594 Customs and Certain Excise Taxes 187 2,205 16,049 Deposits by States: Supplemental Security Income 2 44 642 Unemployment 6 226 5,145 Education Department programs 248 3,874 14,985 Energy Department programs 66 871 2,395 Estate and Gift Taxes 160 1,216 4,585 Federal Reserve Earnings 0 3,157 12,177 Foreign Military Sales Program 217 4,561 10,920 Housing and Urban Development programs 93 171 592 Individual Income and Employment Taxes, Not Withheld 352 6,675 34,325 Interest recd from cash investments 0 0 0 Justice Department programs 11 736 3,236 Postal Service 400 6,536 23,039 Public Debt Cash Issues (Table III-B) 1,261 552,432 2,552,657 Other Deposits: Medicare Premiums 512 2,525 8,798 Thrift Savings Plan Transfer 627 2,272 10,772 Total Other Deposits 1,139 9,530 36,933 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 15,183 803,056 3,344,666 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 15,183 $ 803,056 $ 3,344,666 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, December 21, 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 $ 327 $ 2,660 $ 10,720 Defense Vendor Payments (EFT) 1,890 23,061 77,554 Education Department programs 678 7,281 31,310 Energy Department programs 304 2,341 8,756 Federal Employees Insurance Payments 353 4,948 18,762 Fed. Highway Administration programs 205 2,677 10,783 Federal Salaries (EFT) 92 11,138 43,905 Food and Nutrition Service (misc) 142 2,067 7,425 GSA programs 128 1,405 5,220 Health and Human Services Grants (misc) 553 7,150 25,787 Housing and Urban Development programs 183 5,418 18,182 Interest on Treasury Securities 0 1,229 66,833 IRS Tax Refunds Business (EFT) 1/ -67 2,766 8,470 IRS Tax Refunds Individual (EFT) 3 624 9,744 Justice Department programs 136 2,277 5,968 Labor Dept. prgms (excl. unemployment) 64 907 3,207 Medicaid 795 24,951 86,627 Medicare and Other CMS Payments 2,101 22,276 95,565 Medicare Advantage - Part C&D Payments 0 0 75,653 Marketplace Payments 0 6,325 17,172 NASA programs 180 1,823 5,004 Postal Service Money Orders and Other 126 2,510 9,731 Public Debt Cash Redemp. (Table III-B) 723 533,206 2,271,244 Social Security Benefits (EFT) 2/ -7 57,280 205,791 Supple. Nutrition Assist. Program (SNAP) 228 4,319 15,680 Temporary Assistance for Needy Families (HHS) 143 988 3,738 Transportation Security Admin. (DHS) 10 132 569 Unemployment Insurance Benefits 49 1,613 5,787 Veterans Affairs programs 489 3,500 15,593 Other Withdrawals: Agency for Internat'l Development 101 1,535 5,029 Agriculture 79 1,253 4,240 Agriculture Loan Payments (misc) 116 668 2,063 Emergency Prep & Response (DHS) 86 1,327 4,554 Federal Crop Ins. Corp. 51 735 6,027 Federal Transit Admin. 119 707 2,528 International Monetary Fund 1,917 2,955 4,497 Tennessee Valley Authority (net) -63 -99 -246 Thrift Savings Plan Transfer 773 3,205 9,970 Unclassified 1,497 17,898 61,771 Total, Other Withdrawals 4,675 41,259 198,800 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 14,504 778,130 3,359,579 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 14,504 $ 778,130 $ 3,359,579 Net Change in Operating Cash Balance $ 679 $ 24,926 $ -14,913 1/Reported as a negative amount due to a return/reversal of $105 million. 2/Reported as a negative amount due to a return/reversal of $8 million. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, December 21, 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 $ 460,994 $ 1,866,115 Cash Management Series 0 0 0 Notes 0 61,997 583,330 Bonds 0 16,000 58,874 Inflation-Protected Securities Increment 80 1,645 4,152 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 48 182 Interest Increment 1 487 1,441 Government Account Series 375,136 5,536,811 21,738,640 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 578 2,689 12,311 Other 680 13,056 47,315 Total Issues $ 376,478 $ 6,093,728 $ 24,312,360 (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 $ 490,111 $ 1,746,068 Notes 0 23,994 450,633 Bonds 0 0 7,175 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 42 745 2,417 Government Account Series 370,447 5,541,672 21,688,233 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 5,351 17,740 Other 681 13,006 47,209 Total Redemptions $ 371,170 $ 6,074,878 $ 23,959,475 Net Change in Public Debt Outstanding $ 5,309 $ 18,850 $ 352,886 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, December 21, 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) $ 376,478 $ 6,093,728 $ 24,312,360 Premium on New Issues 0 1,076 1,076 Discount on New Issues: Bills (-) 0 3,295 12,623 Bonds and Notes (-) 0 134 4,093 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 375,136 5,536,811 21,738,640 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 487 1,441 Inflation-Protected Securities Increment 80 1,645 3,981 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,261 $ 552,432 $ 2,552,657 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 371,170 $ 6,074,878 $ 23,959,475 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 (-) 370,447 5,541,672 21,688,233 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 723 $ 533,206 $ 2,271,244 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, December 21, 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 $ 16,068,449 $ 16,068,046 $ 16,044,318 $ 15,761,155 Intragovernmental Holdings 5,800,495 5,795,589 5,805,776 5,754,904 Total Public Debt Outstanding 21,868,944 21,863,635 21,850,094 21,516,058 Less: Debt Not Subject to Limit: Other Debt 480 480 480 480 Unamortized Discount 31,053 31,211 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 $ 21,827,071 $ 21,821,605 $ 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 21, 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 $ 10,373 $ 161,869 $ 544,994 Individual Income Taxes 259 3,262 13,728 Railroad Retirement Taxes 16 275 1,164 Excise Taxes 46 3,685 27,759 Corporation Income Taxes 178 45,754 56,200 Federal Unemployment Taxes 2 33 745 Estate and Gift Taxes & Misc IRS Rcpts. 3 43 220 Total $ 10,876 $ 214,922 $ 644,811 Cash Federal Tax Deposits: Direct $ 62 $ 1,367 $ 5,969 Through Depositaries 10,787 206,967 615,604 Total Cash FTD's $ 10,849 $ 208,334 $ 621,573 Inter-agency Transfers 28 6,587 23,237 Total $ 10,876 $ 214,922 $ 644,811 ___________________________________________________________________________________________ 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 21, 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) $ 106 $ 2,325 $ 8,919 IRS Tax Refunds Business (EFT) 1/ -67 2,766 8,470 IRS Tax Refunds Individual (Checks) 455 2,156 13,469 IRS Tax Refunds Individual (EFT) 3 624 9,744 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.