1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, May 23, 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 $ 249,017 $ 264,581 $ 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 $ 249,017 $ 264,581 $ 422,586 $ 384,713 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, May 23, 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 $ 294 $ 5,879 Air Transport Security Fees 7 44 2,602 Cash FTD's Received (Table IV) 3,017 164,587 1,951,502 Commodity Credit Corporation programs 36 633 5,900 Customs and Certain Excise Taxes 96 5,598 52,545 Deposits by States: Supplemental Security Income 17 65 2,131 Unemployment 33 11,409 27,631 Education Department programs 183 4,517 44,498 Energy Department programs 26 332 5,330 Estate and Gift Taxes 30 627 10,795 Federal Reserve Earnings 0 4,744 34,187 Foreign Military Sales Program 81 1,167 25,233 Housing and Urban Development programs 3 187 1,764 Individual Income and Employment Taxes, Not Withheld 204 7,139 348,207 Interest recd from cash investments 0 0 0 Justice Department programs 13 573 9,791 Postal Service 284 5,766 61,098 Public Debt Cash Issues (Table III-B) 97,992 721,981 7,688,447 Other Deposits: Medicare Premiums 602 2,610 24,635 Thrift Savings Plan Transfer 188 2,394 24,125 Total Other Deposits 790 7,610 102,812 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 102,827 937,276 10,380,351 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 102,827 $ 937,276 $ 10,380,351 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, May 23, 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 $ 23 $ 296 $ 18,762 Defense Vendor Payments (EFT) 1,499 21,742 221,176 Education Department programs 460 8,155 114,872 Energy Department programs 147 2,310 23,958 Federal Employees Insurance Payments 587 5,342 53,545 Fed. Highway Administration programs 119 2,837 25,322 Federal Salaries (EFT) 799 14,439 123,662 Food and Nutrition Service (misc) 126 2,204 20,602 GSA programs 119 1,651 14,622 Health and Human Services Grants (misc) 380 7,968 76,556 Housing and Urban Development programs 116 5,324 47,304 Interest on Treasury Securities 0 38,994 204,953 IRS Tax Refunds Business (EFT) 1/ -162 4,366 21,368 IRS Tax Refunds Individual (EFT) 76 10,218 252,177 Justice Department programs 93 1,450 14,083 Labor Dept. prgms (excl. unemployment) 99 880 9,128 Medicaid 1,816 27,186 257,346 Medicare and Other CMS Payments 1,769 27,889 273,993 Medicare Advantage - Part C&D Payments 0 36,293 225,735 Marketplace Payments 0 4,088 39,049 NASA programs 115 1,282 11,738 Postal Service Money Orders and Other 84 2,647 27,650 Public Debt Cash Redemp. (Table III-B) 108,299 726,361 7,149,693 Social Security Benefits (EFT) 64 77,529 608,827 Supple. Nutrition Assist. Program (SNAP) 156 4,315 42,192 Temporary Assistance for Needy Families (HHS) 23 975 10,165 Transportation Security Admin. (DHS) 2 183 1,555 Unemployment Insurance Benefits 47 1,595 19,358 Veterans Affairs programs 239 4,410 42,765 Other Withdrawals: Agriculture 54 917 10,101 Agriculture Loan Payments (misc) 60 609 5,359 Commerce Programs 159 597 5,446 Emergency Prep & Response (DHS) 94 1,000 11,180 Federal Financing Bank 65 512 5,095 Federal Transit Admin. 85 771 7,108 State Department 50 658 8,081 Unclassified 728 24,181 188,146 Total, Other Withdrawals 1,295 67,917 563,889 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 118,391 1,110,844 10,516,047 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 118,391 $ 1,110,844 $ 10,516,047 Net Change in Operating Cash Balance $ -15,564 $ -173,569 $ -135,695 1/Reported as a negative amount due to a return/reversal of $222 million. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, May 23, 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 $ 97,997 $ 577,941 $ 5,616,044 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 5,762 10,202 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 1 44 604 Interest Increment 2 454 3,884 Government Account Series 235,755 3,943,422 54,556,803 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 0 21,889 Other 1,231 15,933 144,345 Total Issues $ 335,239 $ 4,676,170 $ 62,299,542 (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 $ 107,002 $ 610,982 $ 5,608,029 Notes 25 93,863 1,329,384 Bonds 0 0 20,266 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 37 727 7,381 Government Account Series 225,870 3,949,729 54,638,161 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 1,235 15,932 144,163 Total Redemptions $ 334,169 $ 4,676,089 $ 61,787,851 Net Change in Public Debt Outstanding $ 1,070 $ 81 $ 511,691 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, May 23, 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) $ 335,239 $ 4,676,170 $ 62,299,542 Premium on New Issues 0 0 3,836 Discount on New Issues: Bills (-) 1,238 3,952 37,300 Bonds and Notes (-) 0 599 7,126 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 235,755 3,943,422 54,556,803 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 454 3,884 Inflation-Protected Securities Increment 253 5,762 9,819 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 97,992 $ 721,981 $ 7,688,447 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 334,169 $ 4,676,089 $ 61,787,851 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 (-) 225,870 3,949,729 54,638,161 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 108,299 $ 726,361 $ 7,149,693 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, May 23, 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 $ 16,193,863 $ 16,190,382 $ 16,192,789 $ 15,761,155 Intragovernmental Holdings 5,833,886 5,836,297 5,834,879 5,754,904 Total Public Debt Outstanding 22,027,749 22,026,679 22,027,668 21,516,058 Less: Debt Not Subject to Limit: Other Debt 480 480 480 480 Unamortized Discount 29,250 28,180 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 23, 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 $ 2,984 $ 160,166 $ 1,649,999 Individual Income Taxes 118 2,884 154,838 Railroad Retirement Taxes 1 340 3,957 Excise Taxes 61 3,966 61,685 Corporation Income Taxes 77 5,362 141,112 Federal Unemployment Taxes 2 84 5,634 Estate and Gift Taxes & Misc IRS Rcpts. 1 45 970 Total $ 3,242 $ 172,847 $ 2,018,195 Cash Federal Tax Deposits: Direct $ 88 $ 1,483 $ 17,883 Through Depositaries 2,929 163,105 1,933,620 Total Cash FTD's $ 3,017 $ 164,587 $ 1,951,502 Inter-agency Transfers 225 8,260 66,692 Total $ 3,242 $ 172,847 $ 2,018,195 ___________________________________________________________________________________________ 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 23, 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) $ 230 $ 2,667 $ 27,273 IRS Tax Refunds Business (EFT) 1/ -162 4,366 21,368 IRS Tax Refunds Individual (Checks) 81 6,502 51,380 IRS Tax Refunds Individual (EFT) 76 10,218 252,177 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.