1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, May 15, 2019 (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 $ 294,969 $ 330,430 $ 422,586 $ 384,713 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 294,969 $ 330,430 $ 422,586 $ 384,713 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, May 15, 2019 (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) $ 16 $ 203 $ 5,787 Air Transport Security Fees 1 14 2,571 Cash FTD's Received (Table IV) 16,167 112,006 1,898,921 Commodity Credit Corporation programs 27 407 5,675 Customs and Certain Excise Taxes 99 1,299 48,246 Deposits by States: Supplemental Security Income 1 36 2,101 Unemployment 70 11,161 27,383 Education Department programs 252 2,951 42,932 Energy Department programs 11 104 5,101 Estate and Gift Taxes 66 438 10,607 Federal Reserve Earnings 1,322 3,587 33,030 Foreign Military Sales Program 2 992 25,058 Housing and Urban Development programs 2 70 1,647 Individual Income and Employment Taxes, Not Withheld 552 5,121 346,189 Interest recd from cash investments 0 0 0 Justice Department programs 7 244 9,461 Postal Service 300 3,924 59,256 Public Debt Cash Issues (Table III-B) 112,698 460,165 7,426,631 Other Deposits: FCC - Universal Service Fund 640 1,170 7,194 Medicare Premiums 84 1,043 23,068 Total Other Deposits 723 5,695 100,896 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 132,318 608,417 10,051,493 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 132,318 $ 608,417 $ 10,051,493 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, May 15, 2019 (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 $ 32 $ 214 $ 18,679 Defense Vendor Payments (EFT) 860 13,183 212,617 Education Department programs 549 5,173 111,890 Energy Department programs 235 1,582 23,230 Federal Employees Insurance Payments 290 3,585 51,788 Fed. Highway Administration programs 159 1,762 24,247 Federal Salaries (EFT) 167 7,953 117,177 Food and Nutrition Service (misc) 232 1,393 19,791 GSA programs 56 1,189 14,160 Health and Human Services Grants (misc) 456 5,240 73,828 Housing and Urban Development programs 197 4,487 46,467 Interest on Treasury Securities 38,944 38,994 204,953 IRS Tax Refunds Business (EFT) 3 1,565 18,567 IRS Tax Refunds Individual (EFT) 1,140 8,607 250,566 Justice Department programs 59 934 13,566 Labor Dept. prgms (excl. unemployment) 43 517 8,765 Medicaid 2,303 20,211 250,372 Medicare and Other CMS Payments 2,049 16,729 262,834 Medicare Advantage - Part C&D Payments 0 36,293 225,735 Marketplace Payments 0 0 34,961 NASA programs 74 795 11,251 Postal Service Money Orders and Other 128 1,866 26,869 Public Debt Cash Redemp. (Table III-B) 96,367 444,140 6,867,473 Social Security Benefits (EFT) 17,858 59,184 590,482 Supple. Nutrition Assist. Program (SNAP) 215 2,955 40,833 Temporary Assistance for Needy Families (HHS) 100 679 9,869 Transportation Security Admin. (DHS) 1 111 1,483 Unemployment Insurance Benefits 104 1,085 18,849 Veterans Affairs programs 213 3,037 41,392 Other Withdrawals: Agriculture 68 538 9,722 Agriculture Loan Payments (misc) 60 377 5,128 Federal Transit Admin. 87 426 6,764 Military Active Duty Pay (EFT) 3,117 7,033 55,910 Thrift Savings Plan Transfer 193 1,625 43,133 Unclassified 1,422 17,005 180,969 Total, Other Withdrawals 4,946 52,572 548,545 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 167,780 736,034 10,141,237 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 167,780 $ 736,034 $ 10,141,237 Net Change in Operating Cash Balance $ -35,462 $ -127,617 $ -89,744 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, May 15, 2019 (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 $ 319,975 $ 5,358,078 Cash Management Series 0 20,000 123,001 Notes 87,143 87,141 1,658,468 Bonds 25,472 25,472 164,302 Inflation-Protected Securities Increment 252 3,736 8,176 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 30 590 Interest Increment 2 441 3,871 Government Account Series 217,373 2,575,594 53,188,975 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 0 21,889 Other 680 9,978 138,390 Total Issues $ 330,924 $ 3,042,368 $ 60,665,740 (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 $ 334,981 $ 5,332,028 Notes 93,838 93,838 1,329,359 Bonds 0 0 20,266 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 36 501 7,155 Government Account Series 234,725 2,598,922 53,287,354 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 1,810 4,848 40,459 Other 682 9,972 138,203 Total Redemptions $ 331,092 $ 3,043,062 $ 60,154,824 Net Change in Public Debt Outstanding $ -169 $ -694 $ 510,916 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, May 15, 2019 (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) $ 330,924 $ 3,042,368 $ 60,665,740 Premium on New Issues 0 0 3,836 Discount on New Issues: Bills (-) 0 1,833 35,181 Bonds and Notes (-) 599 599 7,126 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 217,373 2,575,594 53,188,975 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 441 3,871 Inflation-Protected Securities Increment 252 3,736 7,793 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 112,698 $ 460,165 $ 7,426,631 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 331,092 $ 3,043,062 $ 60,154,824 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 (-) 234,725 2,598,922 53,287,354 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 96,367 $ 444,140 $ 6,867,473 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, May 15, 2019 (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 $ 16,194,203 $ 16,180,903 $ 16,192,789 $ 15,761,155 Intragovernmental Holdings 5,832,771 5,846,240 5,834,879 5,754,904 Total Public Debt Outstanding 22,026,974 22,027,142 22,027,668 21,516,058 Less: Debt Not Subject to Limit: Other Debt 480 480 480 480 Unamortized Discount 28,474 28,643 29,169 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 $ 21,987,681 $ 21,987,681 $ 21,987,681 $ 21,474,848 Statutory Debt Limit $ 21,987,706 $ 21,987,706 $ 21,987,706 * *Statutory debt limit was temporarily suspended from February 9, 2018, through March 1, 2019. As of March 2, 2019, the debt limit was increased to $21,987,705,611,407.70. 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, May 15, 2019 (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 $ 12,122 $ 106,591 $ 1,596,424 Individual Income Taxes 316 2,007 153,961 Railroad Retirement Taxes 5 256 3,873 Excise Taxes 281 3,731 61,450 Corporation Income Taxes 3,460 5,047 140,797 Federal Unemployment Taxes 5 71 5,621 Estate and Gift Taxes & Misc IRS Rcpts. 0 36 961 Total $ 16,191 $ 117,739 $ 1,963,087 Cash Federal Tax Deposits: Direct $ 21 $ 1,181 $ 17,580 Through Depositaries 16,146 110,825 1,881,341 Total Cash FTD's $ 16,167 $ 112,006 $ 1,898,921 Inter-agency Transfers 24 5,733 64,166 Total $ 16,191 $ 117,739 $ 1,963,087 ___________________________________________________________________________________________ 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, May 15, 2019 (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) $ 12 $ 1,704 $ 26,310 IRS Tax Refunds Business (EFT) 3 1,565 18,567 IRS Tax Refunds Individual (Checks) 137 4,976 49,854 IRS Tax Refunds Individual (EFT) 1,140 8,607 250,566 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.