1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, December 26, 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 $ 368,236 $ 385,921 $ 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 $ 368,236 $ 385,921 $ 344,874 $ 384,713 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, December 26, 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) $ 14 $ 1,962 $ 3,101 Air Transport Security Fees 2 25 754 Cash FTD's Received (Table IV) 5,241 235,244 648,483 Commodity Credit Corporation programs 5 579 1,637 Customs and Certain Excise Taxes 4,046 6,405 20,248 Deposits by States: Supplemental Security Income 9 56 654 Unemployment 6 235 5,155 Education Department programs 328 4,477 15,588 Energy Department programs 77 1,012 2,536 Estate and Gift Taxes 0 1,243 4,612 Federal Reserve Earnings 1,243 4,400 13,420 Foreign Military Sales Program 4 4,575 10,934 Housing and Urban Development programs 3 182 603 Individual Income and Employment Taxes, Not Withheld 508 7,677 35,327 Interest recd from cash investments 0 0 0 Justice Department programs 84 834 3,334 Postal Service 351 7,294 23,797 Public Debt Cash Issues (Table III-B) 71,070 624,186 2,624,411 Other Deposits: Medicare Premiums 103 2,656 8,929 Thrift Savings Plan Transfer 648 3,847 12,347 Total Other Deposits 751 11,325 38,727 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 83,743 911,710 3,453,320 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 83,743 $ 911,710 $ 3,453,320 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, December 26, 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 $ 18 $ 2,850 $ 10,909 Defense Vendor Payments (EFT) 1,190 25,620 80,114 Education Department programs 118 7,780 31,809 Energy Department programs 100 2,519 8,933 Federal Employees Insurance Payments 34 5,407 19,221 Fed. Highway Administration programs 191 2,876 10,982 Federal Salaries (EFT) 25 11,210 43,977 Food and Nutrition Service (misc) 105 2,252 7,609 GSA programs 99 1,504 5,319 Health and Human Services Grants (misc) 244 7,860 26,498 Housing and Urban Development programs 26 5,595 18,360 Interest on Treasury Securities 5 1,235 66,838 IRS Tax Refunds Business (EFT) 1/ -1 2,864 8,568 IRS Tax Refunds Individual (EFT) 3 630 9,750 Justice Department programs 91 2,399 6,091 Labor Dept. prgms (excl. unemployment) 46 1,034 3,335 Medicaid 852 26,611 88,287 Medicare and Other CMS Payments 1,924 25,621 98,910 Medicare Advantage - Part C&D Payments 0 0 75,653 Marketplace Payments 0 6,325 17,172 NASA programs 54 1,879 5,060 Postal Service Money Orders and Other 637 3,246 10,468 Public Debt Cash Redemp. (Table III-B) 76,281 610,216 2,348,255 Social Security Benefits (EFT) 17,062 74,342 222,853 Supple. Nutrition Assist. Program (SNAP) 279 5,050 16,410 Temporary Assistance for Needy Families (HHS) 27 1,096 3,845 Transportation Security Admin. (DHS) 25 157 594 Unemployment Insurance Benefits 189 1,953 6,127 Veterans Affairs programs 209 3,720 15,813 Other Withdrawals: Thrift Savings Plan Transfer 850 4,081 10,846 Unclassified 743 19,775 63,647 Total, Other Withdrawals 1,593 44,496 202,037 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 101,429 888,348 3,469,796 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 101,429 $ 888,348 $ 3,469,796 Net Change in Operating Cash Balance $ -17,685 $ 23,362 $ -16,477 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, December 26, 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 $ 70,006 $ 530,998 $ 1,936,119 Cash Management Series 0 0 0 Notes 0 61,997 583,330 Bonds 0 16,000 58,874 Inflation-Protected Securities Increment 158 2,042 4,550 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 4 58 192 Interest Increment 2 491 1,445 Government Account Series 379,522 6,276,250 22,478,079 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 1,240 14,975 49,234 Total Issues $ 450,933 $ 6,905,501 $ 25,124,133 (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 $ 565,109 $ 1,821,066 Notes 0 23,994 450,633 Bonds 0 0 7,175 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 32 823 2,496 Government Account Series 375,876 6,284,062 22,430,622 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 10 5,361 17,751 Other 1,241 14,930 49,133 Total Redemptions $ 452,157 $ 6,894,279 $ 24,778,875 Net Change in Public Debt Outstanding $ -1,225 $ 11,222 $ 345,258 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, December 26, 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) $ 450,933 $ 6,905,501 $ 25,124,133 Premium on New Issues 0 1,076 1,076 Discount on New Issues: Bills (-) 180 3,475 12,803 Bonds and Notes (-) 0 134 4,093 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 379,522 6,276,250 22,478,079 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 491 1,445 Inflation-Protected Securities Increment 158 2,042 4,379 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 71,070 $ 624,186 $ 2,624,411 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 452,157 $ 6,894,279 $ 24,778,875 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 (-) 375,876 6,284,062 22,430,622 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 76,281 $ 610,216 $ 2,348,255 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, December 26, 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 $ 16,064,377 $ 16,069,487 $ 16,044,318 $ 15,761,155 Intragovernmental Holdings 5,796,939 5,793,054 5,805,776 5,754,904 Total Public Debt Outstanding 21,861,316 21,862,541 21,850,094 21,516,058 Less: Debt Not Subject to Limit: Other Debt 480 480 480 480 Unamortized Discount 30,441 30,578 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 $ 21,820,055 $ 21,821,143 $ 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 26, 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 $ 4,951 $ 187,654 $ 570,779 Individual Income Taxes 195 3,772 14,238 Railroad Retirement Taxes 2 371 1,260 Excise Taxes 47 3,989 28,063 Corporation Income Taxes 61 45,983 56,430 Federal Unemployment Taxes 2 37 749 Estate and Gift Taxes & Misc IRS Rcpts. 0 44 220 Total $ 5,258 $ 241,851 $ 671,740 Cash Federal Tax Deposits: Direct $ 10 $ 1,459 $ 6,061 Through Depositaries 5,232 233,785 642,422 Total Cash FTD's $ 5,241 $ 235,244 $ 648,483 Inter-agency Transfers 17 6,607 23,257 Total $ 5,258 $ 241,851 $ 671,740 ___________________________________________________________________________________________ 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 26, 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) $ 463 $ 2,787 $ 9,381 IRS Tax Refunds Business (EFT) 1/ -1 2,864 8,568 IRS Tax Refunds Individual (Checks) 6 2,169 13,482 IRS Tax Refunds Individual (EFT) 3 630 9,750 1/Reported as a negative amount due to a return/reversal of $1 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.