1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, December 27, 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 $ 350,161 $ 368,236 $ 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 $ 350,161 $ 368,236 $ 344,874 $ 384,713 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, December 27, 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) $ 43 $ 2,004 $ 3,144 Air Transport Security Fees 2 28 756 Cash FTD's Received (Table IV) 11,087 246,332 659,570 Commodity Credit Corporation programs 24 603 1,661 Customs and Certain Excise Taxes 14 6,419 20,262 Deposits by States: Supplemental Security Income 3 59 657 Unemployment 6 241 5,161 Education Department programs 290 4,767 15,878 Energy Department programs 62 1,073 2,597 Estate and Gift Taxes 230 1,473 4,842 Federal Reserve Earnings 0 4,400 13,420 Foreign Military Sales Program 187 4,762 11,121 Housing and Urban Development programs 2 184 605 Individual Income and Employment Taxes, Not Withheld 1,512 9,189 36,839 Interest recd from cash investments 0 0 0 Justice Department programs 15 849 3,349 Postal Service 263 7,557 24,060 Public Debt Cash Issues (Table III-B) 75,576 699,762 2,699,987 Other Deposits: Gas and Oil Lease Sales Proceeds 73 195 2,466 Medicare Premiums 107 2,763 9,036 Thrift Savings Plan Transfer 416 4,263 12,763 Total Other Deposits 596 11,921 39,323 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 89,912 1,001,622 3,543,232 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 89,912 $ 1,001,622 $ 3,543,232 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, December 27, 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 $ 2,234 $ 5,084 $ 13,144 Defense Vendor Payments (EFT) 2,621 28,241 82,734 Education Department programs 731 8,511 32,540 Energy Department programs 204 2,723 9,137 Federal Employees Insurance Payments 698 6,105 19,919 Fed. Highway Administration programs 86 2,962 11,068 Federal Salaries (EFT) 118 11,329 44,095 Food and Nutrition Service (misc) 114 2,366 7,724 GSA programs 63 1,567 5,382 Health and Human Services Grants (misc) 401 8,261 26,899 Housing and Urban Development programs 227 5,822 18,587 Interest on Treasury Securities 3 1,237 66,841 IRS Tax Refunds Business (EFT) 0 2,864 8,568 IRS Tax Refunds Individual (EFT) 104 734 9,854 Justice Department programs 61 2,460 6,151 Labor Dept. prgms (excl. unemployment) 99 1,133 3,434 Medicaid 4,787 31,398 93,074 Medicare and Other CMS Payments 2,467 28,088 101,377 Medicare Advantage - Part C&D Payments 0 0 75,653 Marketplace Payments 0 6,325 17,172 NASA programs 2 1,881 5,061 Postal Service Money Orders and Other 108 3,355 10,576 Public Debt Cash Redemp. (Table III-B) 91,229 701,446 2,439,484 Social Security Benefits (EFT) 1/ -5 74,336 222,847 Supple. Nutrition Assist. Program (SNAP) 70 5,120 16,480 Temporary Assistance for Needy Families (HHS) 39 1,134 3,884 Transportation Security Admin. (DHS) 0 157 594 Unemployment Insurance Benefits 110 2,064 6,238 Veterans Affairs programs 180 3,900 15,993 Other Withdrawals: Agriculture 85 1,387 4,373 Emergency Prep & Response (DHS) 82 1,488 4,715 Federal Aviation Administration 58 673 2,222 Federal Crop Ins. Corp. 62 862 6,154 TARP 105 115 393 Thrift Savings Plan Transfer 51 4,132 10,898 Unclassified 793 20,568 64,441 Total, Other Withdrawals 1,236 45,733 203,273 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 107,987 996,335 3,577,783 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 107,987 $ 996,335 $ 3,577,783 Net Change in Operating Cash Balance $ -18,075 $ 5,287 $ -34,552 1/Reported as a negative amount due to a return/reversal of $6 million. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, December 27, 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 $ 75,005 $ 606,003 $ 2,011,124 Cash Management Series 0 0 0 Notes 0 61,997 583,330 Bonds 0 16,000 58,874 Inflation-Protected Securities Increment 80 2,122 4,630 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 4 62 196 Interest Increment 1 492 1,446 Government Account Series 371,654 6,647,904 22,849,733 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 95 2,785 12,406 Other 1,161 16,136 50,395 Total Issues $ 448,001 $ 7,353,502 $ 25,572,134 (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 $ 89,994 $ 655,104 $ 1,911,061 Notes 0 23,994 450,633 Bonds 0 0 7,175 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 49 872 2,545 Government Account Series 372,759 6,656,821 22,803,381 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 26 5,387 17,776 Other 1,160 16,089 50,293 Total Redemptions $ 463,988 $ 7,358,266 $ 25,242,863 Net Change in Public Debt Outstanding $ -15,987 $ -4,765 $ 329,271 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, December 27, 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) $ 448,001 $ 7,353,502 $ 25,572,134 Premium on New Issues 0 1,076 1,076 Discount on New Issues: Bills (-) 690 4,165 13,492 Bonds and Notes (-) 0 134 4,093 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 371,654 6,647,904 22,849,733 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 492 1,446 Inflation-Protected Securities Increment 80 2,122 4,459 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 75,576 $ 699,762 $ 2,699,987 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 463,988 $ 7,358,266 $ 25,242,863 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 (-) 372,759 6,656,821 22,803,381 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 91,229 $ 701,446 $ 2,439,484 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, December 27, 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 $ 16,050,098 $ 16,064,377 $ 16,044,318 $ 15,761,155 Intragovernmental Holdings 5,795,231 5,796,939 5,805,776 5,754,904 Total Public Debt Outstanding 21,845,329 21,861,316 21,850,094 21,516,058 Less: Debt Not Subject to Limit: Other Debt 480 480 480 480 Unamortized Discount 30,973 30,441 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 $ 21,803,537 $ 21,820,055 $ 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 Thursday, December 27, 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 $ 9,715 $ 197,369 $ 580,494 Individual Income Taxes 243 4,015 14,481 Railroad Retirement Taxes 1 373 1,262 Excise Taxes 868 4,858 28,932 Corporation Income Taxes 263 46,246 56,693 Federal Unemployment Taxes 2 39 750 Estate and Gift Taxes & Misc IRS Rcpts. 0 44 221 Total $ 11,092 $ 252,943 $ 682,832 Cash Federal Tax Deposits: Direct $ 193 $ 1,652 $ 6,254 Through Depositaries 10,894 244,680 653,316 Total Cash FTD's $ 11,087 $ 246,332 $ 659,570 Inter-agency Transfers 5 6,612 23,262 Total $ 11,092 $ 252,943 $ 682,832 ___________________________________________________________________________________________ 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 Thursday, December 27, 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 $ 2,787 $ 9,381 IRS Tax Refunds Business (EFT) 0 2,864 8,568 IRS Tax Refunds Individual (Checks) 6 2,175 13,488 IRS Tax Refunds Individual (EFT) 104 734 9,854 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.