1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, May 22, 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 $ 264,581 $ 281,013 $ 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 $ 264,581 $ 281,013 $ 422,586 $ 384,713 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, May 22, 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) $ 17 $ 279 $ 5,863 Air Transport Security Fees 1 37 2,595 Cash FTD's Received (Table IV) 10,286 161,570 1,948,485 Commodity Credit Corporation programs 37 597 5,864 Customs and Certain Excise Taxes 3,666 5,502 52,448 Deposits by States: Supplemental Security Income 1 48 2,114 Unemployment 25 11,377 27,598 Education Department programs 219 4,333 44,315 Energy Department programs 61 306 5,303 Estate and Gift Taxes 66 597 10,766 Federal Reserve Earnings 1,157 4,744 34,187 Foreign Military Sales Program 6 1,087 25,153 Housing and Urban Development programs 2 184 1,761 Individual Income and Employment Taxes, Not Withheld 665 6,936 348,004 Interest recd from cash investments 0 0 0 Justice Department programs 7 561 9,778 Postal Service 284 5,482 60,814 Public Debt Cash Issues (Table III-B) 655 623,989 7,590,455 Other Deposits: Medicare Premiums 105 2,008 24,033 Total Other Deposits 105 6,820 102,021 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 17,260 834,449 10,277,525 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 17,260 $ 834,449 $ 10,277,525 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, May 22, 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 $ 10 $ 274 $ 18,739 Defense Vendor Payments (EFT) 824 20,243 219,677 Education Department programs 507 7,694 114,411 Energy Department programs 147 2,163 23,811 Federal Employees Insurance Payments 316 4,755 52,957 Fed. Highway Administration programs 207 2,719 25,203 Federal Salaries (EFT) 129 13,640 122,863 Food and Nutrition Service (misc) 244 2,078 20,476 GSA programs 71 1,532 14,503 Health and Human Services Grants (misc) 340 7,587 76,176 Housing and Urban Development programs 157 5,208 47,188 Interest on Treasury Securities 0 38,994 204,953 IRS Tax Refunds Business (EFT) 302 4,528 21,530 IRS Tax Refunds Individual (EFT) 1,018 10,142 252,102 Justice Department programs 80 1,358 13,990 Labor Dept. prgms (excl. unemployment) 49 780 9,029 Medicaid 981 25,369 255,530 Medicare and Other CMS Payments 2,099 26,119 272,224 Medicare Advantage - Part C&D Payments 0 36,293 225,735 Marketplace Payments 0 4,088 39,049 NASA programs 57 1,168 11,623 Postal Service Money Orders and Other 124 2,563 27,566 Public Debt Cash Redemp. (Table III-B) 690 618,062 7,041,394 Social Security Benefits (EFT) 18,044 77,465 608,763 Supple. Nutrition Assist. Program (SNAP) 144 4,159 42,036 Temporary Assistance for Needy Families (HHS) 22 952 10,142 Transportation Security Admin. (DHS) 1 181 1,553 Unemployment Insurance Benefits 95 1,548 19,311 Veterans Affairs programs 176 4,171 42,526 Other Withdrawals: Agriculture Loan Payments (misc) 50 549 5,299 Federal Transit Admin. 74 686 7,023 Interntl Security Assistance (DSCA)1/ 5,164 5,164 9,741 Thrift Savings Plan Transfer 363 2,638 44,146 Unclassified 1,206 23,453 187,418 Total, Other Withdrawals 6,857 66,622 562,594 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 33,691 992,453 10,397,656 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 33,691 $ 992,453 $ 10,397,656 Net Change in Operating Cash Balance $ -16,431 $ -158,005 $ -120,131 1/$5,164 million was previously classified as Foreign Military Sales Program and was reclassified to Interntl Security Assistance (DSCA). 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, May 22, 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 $ 479,944 $ 5,518,047 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 253 5,509 9,949 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 42 602 Interest Increment 2 452 3,883 Government Account Series 217,366 3,707,668 54,321,048 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 0 21,889 Other 654 14,703 143,115 Total Issues $ 218,275 $ 4,340,932 $ 61,964,304 (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 $ 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 34 690 7,344 Government Account Series 217,753 3,723,859 54,412,291 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 4,856 40,468 Other 656 14,696 142,928 Total Redemptions $ 218,443 $ 4,341,921 $ 61,453,683 Net Change in Public Debt Outstanding $ -168 $ -989 $ 510,621 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, May 22, 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) $ 218,275 $ 4,340,932 $ 61,964,304 Premium on New Issues 0 0 3,836 Discount on New Issues: Bills (-) 0 2,714 36,062 Bonds and Notes (-) 0 599 7,126 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 217,366 3,707,668 54,321,048 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 452 3,883 Inflation-Protected Securities Increment 253 5,509 9,566 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 655 $ 623,989 $ 7,590,455 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 218,443 $ 4,341,921 $ 61,453,683 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 (-) 217,753 3,723,859 54,412,291 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 690 $ 618,062 $ 7,041,394 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, May 22, 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 $ 16,190,382 $ 16,175,714 $ 16,192,789 $ 15,761,155 Intragovernmental Holdings 5,836,297 5,851,133 5,834,879 5,754,904 Total Public Debt Outstanding 22,026,679 22,026,847 22,027,668 21,516,058 Less: Debt Not Subject to Limit: Other Debt 480 480 480 480 Unamortized Discount 28,180 28,347 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 22, 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 $ 10,329 $ 157,182 $ 1,647,015 Individual Income Taxes 109 2,766 154,720 Railroad Retirement Taxes 4 340 3,957 Excise Taxes 46 3,905 61,624 Corporation Income Taxes 50 5,285 141,035 Federal Unemployment Taxes 2 82 5,632 Estate and Gift Taxes & Misc IRS Rcpts. 3 44 969 Total $ 10,543 $ 169,605 $ 2,014,953 Cash Federal Tax Deposits: Direct $ 44 $ 1,394 $ 17,794 Through Depositaries 10,242 160,176 1,930,691 Total Cash FTD's $ 10,286 $ 161,570 $ 1,948,485 Inter-agency Transfers 257 8,035 66,468 Total $ 10,543 $ 169,605 $ 2,014,953 ___________________________________________________________________________________________ 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 22, 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) $ 10 $ 2,438 $ 27,043 IRS Tax Refunds Business (EFT) 302 4,528 21,530 IRS Tax Refunds Individual (Checks) 105 6,421 51,299 IRS Tax Refunds Individual (EFT) 1,018 10,142 252,102 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.