1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, May 21, 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 $ 281,013 $ 291,346 $ 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 $ 281,013 $ 291,346 $ 422,586 $ 384,713 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, May 21, 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) $ 21 $ 262 $ 5,846 Air Transport Security Fees 2 36 2,594 Cash FTD's Received (Table IV) 2,565 151,284 1,938,199 Commodity Credit Corporation programs 29 560 5,827 Customs and Certain Excise Taxes 132 1,836 48,783 Deposits by States: Supplemental Security Income 5 48 2,113 Unemployment 22 11,352 27,573 Education Department programs 404 4,114 44,095 Energy Department programs 15 245 5,242 Estate and Gift Taxes 8 530 10,699 Federal Reserve Earnings 0 3,587 33,030 Foreign Military Sales Program 19 1,081 25,147 Housing and Urban Development programs 93 182 1,759 Individual Income and Employment Taxes, Not Withheld 323 6,270 347,338 Interest recd from cash investments 0 0 0 Justice Department programs 11 554 9,771 Postal Service 366 5,198 60,530 Public Debt Cash Issues (Table III-B) 86,347 623,335 7,589,801 Other Deposits: Medicare Premiums 186 1,903 23,928 Total Other Deposits 186 6,715 101,916 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 90,549 817,189 10,260,265 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 90,549 $ 817,189 $ 10,260,265 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, May 21, 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 $ 11 $ 264 $ 18,729 Defense Vendor Payments (EFT) 1,619 19,419 218,853 Education Department programs 632 7,187 113,904 Energy Department programs 69 2,016 23,664 Federal Employees Insurance Payments 176 4,438 52,641 Fed. Highway Administration programs 180 2,512 24,996 Federal Salaries (EFT) 358 13,510 122,734 Food and Nutrition Service (misc) 80 1,835 20,232 GSA programs 59 1,462 14,433 Health and Human Services Grants (misc) 573 7,247 75,836 Housing and Urban Development programs 126 5,052 47,032 Interest on Treasury Securities 0 38,994 204,953 IRS Tax Refunds Business (EFT) 353 4,226 21,228 IRS Tax Refunds Individual (EFT) 119 9,124 251,083 Justice Department programs 142 1,278 13,910 Labor Dept. prgms (excl. unemployment) 55 732 8,980 Medicaid 652 24,389 254,549 Medicare and Other CMS Payments 2,251 24,020 270,125 Medicare Advantage - Part C&D Payments 0 36,293 225,735 Marketplace Payments 4,088 4,088 39,049 NASA programs 48 1,111 11,566 Postal Service Money Orders and Other 115 2,439 27,442 Public Debt Cash Redemp. (Table III-B) 86,615 617,371 7,040,704 Social Security Benefits (EFT) 57 59,421 590,719 Supple. Nutrition Assist. Program (SNAP) 162 4,014 41,892 Temporary Assistance for Needy Families (HHS) 16 931 10,120 Transportation Security Admin. (DHS) 30 180 1,552 Unemployment Insurance Benefits 165 1,453 19,216 Veterans Affairs programs 224 3,995 42,350 Other Withdrawals: Agency for Internat'l Development 53 866 10,652 Agriculture 180 834 10,018 Emergency Prep & Response (DHS) 53 857 11,037 National Credit Union Administration 161 167 1,148 State Department 55 589 8,012 Thrift Savings Plan Transfer 107 2,275 43,783 Unclassified 1,296 22,247 186,212 Total, Other Withdrawals 1,904 59,765 555,738 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 100,882 958,762 10,363,965 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 100,882 $ 958,762 $ 10,363,965 Net Change in Operating Cash Balance $ -10,333 $ -141,573 $ -103,700 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, May 21, 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 $ 84,995 $ 479,944 $ 5,518,048 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 254 5,256 9,695 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 41 601 Interest Increment 2 451 3,881 Government Account Series 205,589 3,490,302 54,103,683 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 0 21,889 Other 1,570 14,049 142,461 Total Issues $ 292,413 $ 4,122,656 $ 61,746,029 (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 $ 85,000 $ 503,980 $ 5,501,027 Notes 0 93,838 1,329,359 Bonds 0 0 20,266 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 41 656 7,310 Government Account Series 205,745 3,506,107 54,194,538 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 5 4,856 40,468 Other 1,569 14,040 142,272 Total Redemptions $ 292,360 $ 4,123,478 $ 61,235,240 Net Change in Public Debt Outstanding $ 52 $ -821 $ 510,789 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, May 21, 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) $ 292,413 $ 4,122,656 $ 61,746,029 Premium on New Issues 0 0 3,836 Discount on New Issues: Bills (-) 220 2,714 36,062 Bonds and Notes (-) 0 599 7,126 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 205,589 3,490,302 54,103,683 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 451 3,881 Inflation-Protected Securities Increment 254 5,256 9,313 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 86,347 $ 623,335 $ 7,589,801 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 292,360 $ 4,123,478 $ 61,235,240 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 (-) 205,745 3,506,107 54,194,538 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 86,615 $ 617,371 $ 7,040,704 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, May 21, 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 $ 16,175,714 $ 16,183,132 $ 16,192,789 $ 15,761,155 Intragovernmental Holdings 5,851,133 5,843,662 5,834,879 5,754,904 Total Public Debt Outstanding 22,026,847 22,026,795 22,027,668 21,516,058 Less: Debt Not Subject to Limit: Other Debt 480 480 480 480 Unamortized Discount 28,347 28,295 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 Tuesday, May 21, 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 $ 2,357 $ 146,853 $ 1,636,686 Individual Income Taxes 139 2,658 154,612 Railroad Retirement Taxes 9 336 3,953 Excise Taxes 35 3,860 61,579 Corporation Income Taxes 30 5,235 140,984 Federal Unemployment Taxes 2 80 5,630 Estate and Gift Taxes & Misc IRS Rcpts. 1 41 966 Total $ 2,574 $ 159,062 $ 2,004,410 Cash Federal Tax Deposits: Direct $ 54 $ 1,351 $ 17,750 Through Depositaries 2,511 149,933 1,920,449 Total Cash FTD's $ 2,565 $ 151,284 $ 1,938,199 Inter-agency Transfers 8 7,778 66,211 Total $ 2,574 $ 159,062 $ 2,004,410 ___________________________________________________________________________________________ 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 Tuesday, May 21, 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) $ 618 $ 2,427 $ 27,033 IRS Tax Refunds Business (EFT) 353 4,226 21,228 IRS Tax Refunds Individual (Checks) 88 6,315 51,194 IRS Tax Refunds Individual (EFT) 119 9,124 251,083 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.