1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, May 24, 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 $ 246,420 $ 249,017 $ 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 $ 246,420 $ 249,017 $ 422,586 $ 384,713 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, May 24, 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 $ 311 $ 5,896 Air Transport Security Fees 2 46 2,603 Cash FTD's Received (Table IV) 7,132 171,719 1,958,634 Commodity Credit Corporation programs 39 672 5,939 Customs and Certain Excise Taxes 110 5,708 52,655 Deposits by States: Supplemental Security Income 3 69 2,134 Unemployment 15 11,424 27,646 Education Department programs 193 4,710 44,691 Energy Department programs 35 367 5,365 Estate and Gift Taxes 29 656 10,825 Federal Reserve Earnings 0 4,744 34,187 Foreign Military Sales Program 2 1,169 25,235 Housing and Urban Development programs 10 197 1,774 Individual Income and Employment Taxes, Not Withheld 191 7,330 348,398 Interest recd from cash investments 0 0 0 Justice Department programs 31 605 9,822 Postal Service 267 6,034 61,365 Public Debt Cash Issues (Table III-B) 648 722,629 7,689,094 Other Deposits: Medicare Premiums 183 2,793 24,818 Thrift Savings Plan Transfer 60 2,455 24,186 Total Other Deposits 243 7,853 103,055 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 8,967 946,243 10,389,319 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 8,967 $ 946,243 $ 10,389,319 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, May 24, 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 $ 21 $ 318 $ 18,783 Defense Vendor Payments (EFT) 1,904 23,646 223,081 Education Department programs 616 8,771 115,488 Energy Department programs 219 2,529 24,178 Federal Employees Insurance Payments 724 6,066 54,269 Fed. Highway Administration programs 294 3,132 25,616 Federal Salaries (EFT) 114 14,553 123,776 Food and Nutrition Service (misc) 247 2,451 20,848 GSA programs 71 1,722 14,693 Health and Human Services Grants (misc) 456 8,423 77,012 Housing and Urban Development programs 102 5,426 47,407 Interest on Treasury Securities 0 38,994 204,953 IRS Tax Refunds Business (EFT) 0 4,366 21,368 IRS Tax Refunds Individual (EFT) 73 10,291 252,250 Justice Department programs 107 1,557 14,190 Labor Dept. prgms (excl. unemployment) 218 1,098 9,346 Medicaid 594 27,780 257,941 Medicare and Other CMS Payments 1,858 29,747 275,852 Medicare Advantage - Part C&D Payments 0 36,293 225,735 Marketplace Payments 0 4,088 39,049 NASA programs 175 1,457 11,913 Postal Service Money Orders and Other 95 2,742 27,745 Public Debt Cash Redemp. (Table III-B) 689 727,050 7,150,382 Social Security Benefits (EFT) 63 77,592 608,889 Supple. Nutrition Assist. Program (SNAP) 136 4,451 42,329 Temporary Assistance for Needy Families (HHS) 20 995 10,185 Transportation Security Admin. (DHS) 6 189 1,561 Unemployment Insurance Benefits 37 1,632 19,395 Veterans Affairs programs 211 4,621 42,976 Other Withdrawals: Agency for Internat'l Development 533 1,471 11,258 Agriculture 50 967 10,151 Emergency Prep & Response (DHS) 82 1,082 11,262 Interntl Security Assistance (DSCA) 450 5,614 10,191 TARP 207 207 1,020 Unclassified 1,193 25,374 189,339 Total, Other Withdrawals 2,515 70,431 566,404 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 11,564 1,122,409 10,527,611 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 11,564 $ 1,122,409 $ 10,527,611 Net Change in Operating Cash Balance $ -2,597 $ -176,166 $ -138,292 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, May 24, 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 $ -2 $ 577,939 $ 5,616,043 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 252 6,014 10,454 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 46 606 Interest Increment 2 456 3,886 Government Account Series 230,041 4,173,464 54,786,844 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 0 21,889 Other 647 16,581 144,993 Total Issues $ 230,943 $ 4,907,113 $ 62,530,485 (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 $ 610,982 $ 5,608,029 Notes 0 93,863 1,329,384 Bonds 0 0 20,266 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 33 760 7,413 Government Account Series 230,421 4,180,150 54,868,581 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 9 4,865 40,477 Other 648 16,579 144,811 Total Redemptions $ 231,110 $ 4,907,199 $ 62,018,961 Net Change in Public Debt Outstanding $ -167 $ -86 $ 511,524 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, May 24, 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) $ 230,943 $ 4,907,113 $ 62,530,485 Premium on New Issues 0 0 3,836 Discount on New Issues: Bills (-) 0 3,952 37,300 Bonds and Notes (-) 0 599 7,126 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 230,041 4,173,464 54,786,844 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 456 3,886 Inflation-Protected Securities Increment 252 6,014 10,071 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 648 $ 722,629 $ 7,689,094 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 231,110 $ 4,907,199 $ 62,018,961 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 (-) 230,421 4,180,150 54,868,581 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 689 $ 727,050 $ 7,150,382 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, May 24, 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 $ 16,189,012 $ 16,193,863 $ 16,192,789 $ 15,761,155 Intragovernmental Holdings 5,838,570 5,833,886 5,834,879 5,754,904 Total Public Debt Outstanding 22,027,582 22,027,749 22,027,668 21,516,058 Less: Debt Not Subject to Limit: Other Debt 480 480 480 480 Unamortized Discount 29,083 29,250 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 Friday, May 24, 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 $ 6,619 $ 166,785 $ 1,656,619 Individual Income Taxes 115 2,999 154,952 Railroad Retirement Taxes 64 405 4,022 Excise Taxes 303 4,269 61,988 Corporation Income Taxes 29 5,391 141,140 Federal Unemployment Taxes 2 85 5,636 Estate and Gift Taxes & Misc IRS Rcpts. 7 52 977 Total $ 7,139 $ 179,986 $ 2,025,333 Cash Federal Tax Deposits: Direct $ 58 $ 1,541 $ 17,941 Through Depositaries 7,073 170,178 1,940,693 Total Cash FTD's $ 7,132 $ 171,719 $ 1,958,634 Inter-agency Transfers 7 8,266 66,699 Total $ 7,139 $ 179,986 $ 2,025,333 ___________________________________________________________________________________________ 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 Friday, May 24, 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) $ 188 $ 2,855 $ 27,461 IRS Tax Refunds Business (EFT) 0 4,366 21,368 IRS Tax Refunds Individual (Checks) 888 7,390 52,268 IRS Tax Refunds Individual (EFT) 73 10,291 252,250 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.