1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, December 24, 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 $ 385,921 $ 369,800 $ 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 $ 385,921 $ 369,800 $ 344,874 $ 384,713 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, December 24, 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) $ 20 $ 1,948 $ 3,087 Air Transport Security Fees 1 24 752 Cash FTD's Received (Table IV) 21,669 230,003 643,242 Commodity Credit Corporation programs 38 574 1,632 Customs and Certain Excise Taxes 153 2,359 16,202 Deposits by States: Supplemental Security Income 2 46 645 Unemployment 4 229 5,149 Education Department programs 275 4,149 15,260 Energy Department programs 64 934 2,458 Estate and Gift Taxes 27 1,243 4,612 Federal Reserve Earnings 0 3,157 12,177 Foreign Military Sales Program 10 4,571 10,930 Housing and Urban Development programs 8 179 600 Individual Income and Employment Taxes, Not Withheld 494 7,169 34,819 Interest recd from cash investments 0 0 0 Justice Department programs 14 750 3,250 Postal Service 407 6,943 23,446 Public Debt Cash Issues (Table III-B) 683 553,115 2,553,340 Other Deposits: Defense Finance & Accounting Service 58 471 1,589 Federal Housing Admin: Note Sales 57 1,332 4,372 Thrift Savings Plan Transfer 927 3,199 11,699 Total Other Deposits 1,043 10,573 37,975 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 24,911 827,967 3,369,576 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 24,911 $ 827,967 $ 3,369,576 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, December 24, 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 $ 172 $ 2,832 $ 10,891 Defense Vendor Payments (EFT) 1,369 24,430 78,923 Education Department programs 381 7,663 31,691 Energy Department programs 78 2,419 8,833 Federal Employees Insurance Payments 424 5,373 19,187 Fed. Highway Administration programs 8 2,685 10,791 Federal Salaries (EFT) 47 11,185 43,952 Food and Nutrition Service (misc) 79 2,146 7,504 GSA programs 0 1,405 5,220 Health and Human Services Grants (misc) 466 7,616 26,254 Housing and Urban Development programs 151 5,569 18,334 Interest on Treasury Securities 0 1,230 66,833 IRS Tax Refunds Business (EFT) 99 2,864 8,568 IRS Tax Refunds Individual (EFT) 3 627 9,747 Justice Department programs 31 2,308 5,999 Labor Dept. prgms (excl. unemployment) 82 989 3,289 Medicaid 808 25,759 87,435 Medicare and Other CMS Payments 1,421 23,698 96,987 Medicare Advantage - Part C&D Payments 0 0 75,653 Marketplace Payments 0 6,325 17,172 NASA programs 3 1,825 5,006 Postal Service Money Orders and Other 99 2,609 9,830 Public Debt Cash Redemp. (Table III-B) 730 533,935 2,271,974 Social Security Benefits (EFT) 0 57,280 205,791 Supple. Nutrition Assist. Program (SNAP) 451 4,771 16,131 Temporary Assistance for Needy Families (HHS) 80 1,068 3,818 Transportation Security Admin. (DHS) 0 132 569 Unemployment Insurance Benefits 152 1,765 5,938 Veterans Affairs programs 10 3,510 15,603 Other Withdrawals: Agency for Internat'l Development 92 1,627 5,121 Agriculture 50 1,303 4,290 Agriculture Loan Payments (misc) 56 724 2,119 Federal Aviation Administration 92 614 2,163 Federal Crop Ins. Corp. 65 800 6,092 Federal Transit Admin. 72 779 2,599 Tennessee Valley Authority (net) 84 -15 -162 Unclassified 1,133 19,031 62,904 Total, Other Withdrawals 1,644 42,903 200,443 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 8,789 786,920 3,368,368 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 8,789 $ 786,920 $ 3,368,368 Net Change in Operating Cash Balance $ 16,122 $ 41,047 $ 1,209 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, December 24, 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 $ -2 $ 460,992 $ 1,866,113 Cash Management Series 0 0 0 Notes 0 61,997 583,330 Bonds 0 16,000 58,874 Inflation-Protected Securities Increment 239 1,884 4,392 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 5 54 188 Interest Increment 2 489 1,443 Government Account Series 359,916 5,896,728 22,098,557 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 2,689 12,311 Other 679 13,735 47,994 Total Issues $ 360,840 $ 6,454,568 $ 24,673,201 (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 47 791 2,464 Government Account Series 366,513 5,908,186 22,054,746 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 683 13,689 47,892 Total Redemptions $ 367,243 $ 6,442,121 $ 24,326,718 Net Change in Public Debt Outstanding $ -6,403 $ 12,447 $ 346,483 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, December 24, 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) $ 360,840 $ 6,454,568 $ 24,673,201 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 (-) 359,916 5,896,728 22,098,557 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 489 1,443 Inflation-Protected Securities Increment 239 1,884 4,221 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 683 $ 553,115 $ 2,553,340 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 367,243 $ 6,442,121 $ 24,326,718 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 (-) 366,513 5,908,186 22,054,746 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 730 $ 533,935 $ 2,271,974 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, December 24, 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 $ 16,069,487 $ 16,068,449 $ 16,044,318 $ 15,761,155 Intragovernmental Holdings 5,793,054 5,800,495 5,805,776 5,754,904 Total Public Debt Outstanding 21,862,541 21,868,944 21,850,094 21,516,058 Less: Debt Not Subject to Limit: Other Debt 480 480 480 480 Unamortized Discount 30,578 31,053 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 $ 21,821,143 $ 21,827,071 $ 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 Monday, December 24, 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 $ 20,834 $ 182,703 $ 565,829 Individual Income Taxes 315 3,577 14,043 Railroad Retirement Taxes 94 369 1,258 Excise Taxes 257 3,942 28,016 Corporation Income Taxes 169 45,922 56,369 Federal Unemployment Taxes 2 36 747 Estate and Gift Taxes & Misc IRS Rcpts. 1 43 220 Total $ 21,672 $ 236,593 $ 666,482 Cash Federal Tax Deposits: Direct $ 83 $ 1,450 $ 6,052 Through Depositaries 21,586 228,553 637,190 Total Cash FTD's $ 21,669 $ 230,003 $ 643,242 Inter-agency Transfers 3 6,590 23,240 Total $ 21,672 $ 236,593 $ 666,482 ___________________________________________________________________________________________ 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 Monday, December 24, 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) $ 0 $ 2,325 $ 8,919 IRS Tax Refunds Business (EFT) 99 2,864 8,568 IRS Tax Refunds Individual (Checks) 7 2,163 13,476 IRS Tax Refunds Individual (EFT) 3 627 9,747 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.