1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, May 16, 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 $ 288,080 $ 294,969 $ 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 $ 288,080 $ 294,969 $ 422,586 $ 384,713 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, May 16, 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) $ 14 $ 217 $ 5,802 Air Transport Security Fees 1 15 2,573 Cash FTD's Received (Table IV) 12,628 124,635 1,911,549 Commodity Credit Corporation programs 28 435 5,703 Customs and Certain Excise Taxes 87 1,385 48,332 Deposits by States: Supplemental Security Income 1 36 2,102 Unemployment 71 11,232 27,454 Education Department programs 253 3,204 43,185 Energy Department programs 8 111 5,109 Estate and Gift Taxes 26 464 10,633 Federal Reserve Earnings 0 3,587 33,030 Foreign Military Sales Program 61 1,053 25,119 Housing and Urban Development programs 17 87 1,664 Individual Income and Employment Taxes, Not Withheld 241 5,363 346,430 Interest recd from cash investments 0 0 0 Justice Department programs 284 527 9,745 Postal Service 287 4,211 59,543 Public Debt Cash Issues (Table III-B) 75,511 535,676 7,502,142 Other Deposits: Medicare Premiums 69 1,113 23,138 Thrift Savings Plan Transfer 82 2,076 23,807 Total Other Deposits 151 5,846 101,048 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 89,669 698,086 10,141,162 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 89,669 $ 698,086 $ 10,141,162 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, May 16, 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 $ 17 $ 230 $ 18,696 Defense Vendor Payments (EFT) 1,944 15,127 214,561 Education Department programs 385 5,558 112,275 Energy Department programs 171 1,754 23,402 Federal Employees Insurance Payments 211 3,796 51,999 Fed. Highway Administration programs 273 2,035 24,520 Federal Salaries (EFT) 53 8,006 117,230 Food and Nutrition Service (misc) 84 1,477 19,874 GSA programs 95 1,283 14,254 Health and Human Services Grants (misc) 624 5,864 74,453 Housing and Urban Development programs 124 4,612 46,592 Interest on Treasury Securities 0 38,994 204,953 IRS Tax Refunds Business (EFT) 468 2,033 19,035 IRS Tax Refunds Individual (EFT) 114 8,721 250,681 Justice Department programs 67 1,000 13,632 Labor Dept. prgms (excl. unemployment) 91 608 8,856 Medicaid 2,459 22,669 252,830 Medicare and Other CMS Payments 1,675 18,404 264,508 Medicare Advantage - Part C&D Payments 0 36,293 225,735 Marketplace Payments 0 0 34,961 NASA programs 137 933 11,388 Postal Service Money Orders and Other 108 1,973 26,977 Public Debt Cash Redemp. (Table III-B) 85,224 529,364 6,952,697 Social Security Benefits (EFT) 58 59,242 590,539 Supple. Nutrition Assist. Program (SNAP) 210 3,165 41,043 Temporary Assistance for Needy Families (HHS) 35 714 9,904 Transportation Security Admin. (DHS) 27 138 1,510 Unemployment Insurance Benefits 53 1,138 18,902 Veterans Affairs programs 235 3,272 41,628 Other Withdrawals: Agency for Internat'l Development 60 684 10,471 Federal Financing Bank 59 423 5,005 Federal Transit Admin. 77 503 6,840 HHS: Indian Health Service 85 531 3,836 State Department 66 457 7,880 Veterans Benefits (EFT) 52 7,950 63,379 Unclassified 1,216 18,221 182,186 Total, Other Withdrawals 1,616 54,188 550,161 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 96,558 832,592 10,237,795 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 96,558 $ 832,592 $ 10,237,795 Net Change in Operating Cash Balance $ -6,889 $ -134,506 $ -96,633 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, May 16, 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 $ 74,979 $ 394,953 $ 5,433,057 Cash Management Series 0 20,000 123,001 Notes 0 87,141 1,658,468 Bonds 0 25,472 164,302 Inflation-Protected Securities Increment 255 3,991 8,431 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 32 592 Interest Increment 2 442 3,873 Government Account Series 253,466 2,829,061 53,442,441 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 0 21,889 Other 1,192 11,170 139,581 Total Issues $ 329,896 $ 3,372,264 $ 60,995,636 (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 $ 83,999 $ 418,980 $ 5,416,027 Notes 0 93,838 1,329,359 Bonds 0 0 20,266 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 37 538 7,192 Government Account Series 244,180 2,843,102 53,531,533 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 4,848 40,459 Other 1,188 11,160 139,392 Total Redemptions $ 329,403 $ 3,372,466 $ 60,484,228 Net Change in Public Debt Outstanding $ 492 $ -202 $ 511,408 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, May 16, 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) $ 329,896 $ 3,372,264 $ 60,995,636 Premium on New Issues 0 0 3,836 Discount on New Issues: Bills (-) 661 2,494 35,842 Bonds and Notes (-) 0 599 7,126 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 253,466 2,829,061 53,442,441 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 442 3,873 Inflation-Protected Securities Increment 255 3,991 8,049 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 75,511 $ 535,676 $ 7,502,142 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 329,403 $ 3,372,466 $ 60,484,228 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 (-) 244,180 2,843,102 53,531,533 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 85,224 $ 529,364 $ 6,952,697 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, May 16, 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 $ 16,190,630 $ 16,194,203 $ 16,192,789 $ 15,761,155 Intragovernmental Holdings 5,836,837 5,832,771 5,834,879 5,754,904 Total Public Debt Outstanding 22,027,466 22,026,974 22,027,668 21,516,058 Less: Debt Not Subject to Limit: Other Debt 480 480 480 480 Unamortized Discount 28,967 28,474 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 Thursday, May 16, 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 $ 12,321 $ 118,912 $ 1,608,746 Individual Income Taxes 173 2,180 154,134 Railroad Retirement Taxes 13 268 3,885 Excise Taxes 40 3,771 61,490 Corporation Income Taxes 86 5,133 140,882 Federal Unemployment Taxes 2 73 5,624 Estate and Gift Taxes & Misc IRS Rcpts. 1 37 962 Total $ 12,637 $ 130,376 $ 1,975,724 Cash Federal Tax Deposits: Direct $ 63 $ 1,243 $ 17,643 Through Depositaries 12,566 123,391 1,893,906 Total Cash FTD's $ 12,628 $ 124,635 $ 1,911,549 Inter-agency Transfers 9 5,742 64,174 Total $ 12,637 $ 130,376 $ 1,975,724 ___________________________________________________________________________________________ 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, May 16, 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) $ 19 $ 1,723 $ 26,329 IRS Tax Refunds Business (EFT) 468 2,033 19,035 IRS Tax Refunds Individual (Checks) 116 5,092 49,970 IRS Tax Refunds Individual (EFT) 114 8,721 250,681 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.