1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, May 28, 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 $ 250,731 $ 246,420 $ 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 $ 250,731 $ 246,420 $ 422,586 $ 384,713 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, May 28, 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) $ 28 $ 340 $ 5,924 Air Transport Security Fees 17 62 2,620 Cash FTD's Received (Table IV) 16,835 188,554 1,975,469 Commodity Credit Corporation programs 36 708 5,976 Customs and Certain Excise Taxes 116 5,825 52,772 Deposits by States: Supplemental Security Income 9 78 2,143 Unemployment 16 11,441 27,663 Education Department programs 323 5,032 45,013 Energy Department programs 141 509 5,506 Estate and Gift Taxes 85 741 10,910 Federal Reserve Earnings 0 4,744 34,187 Foreign Military Sales Program 53 1,222 25,288 Housing and Urban Development programs 4 201 1,778 Individual Income and Employment Taxes, Not Withheld 353 7,683 348,751 Interest recd from cash investments 0 0 0 Justice Department programs 8 612 9,830 Postal Service 367 6,401 61,732 Public Debt Cash Issues (Table III-B) 81,307 803,936 7,770,401 Other Deposits: Medicare Premiums 116 2,909 24,934 Total Other Deposits 116 7,969 103,171 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 99,815 1,046,058 10,489,134 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 99,815 $ 1,046,058 $ 10,489,134 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, May 28, 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 $ 9 $ 327 $ 18,792 Defense Vendor Payments (EFT) 1,318 24,964 224,398 Education Department programs 384 9,155 115,872 Energy Department programs 86 2,615 24,264 Federal Employees Insurance Payments 250 6,316 54,519 Fed. Highway Administration programs 92 3,223 25,708 Federal Salaries (EFT) 87 14,640 123,863 Food and Nutrition Service (misc) 45 2,495 20,893 GSA programs 54 1,776 14,747 Health and Human Services Grants (misc) 316 8,740 77,328 Housing and Urban Development programs 142 5,568 47,549 Interest on Treasury Securities 2 38,997 204,955 IRS Tax Refunds Business (EFT) 24 4,390 21,392 IRS Tax Refunds Individual (EFT) 94 10,385 252,345 Justice Department programs 100 1,657 14,289 Labor Dept. prgms (excl. unemployment) 36 1,133 9,382 Medicaid 432 28,212 258,373 Medicare and Other CMS Payments 2,365 32,111 278,216 Medicare Advantage - Part C&D Payments 0 36,293 225,735 Marketplace Payments 0 4,088 39,049 NASA programs 69 1,526 11,982 Postal Service Money Orders and Other 118 2,860 27,864 Public Debt Cash Redemp. (Table III-B) 86,751 813,801 7,237,134 Social Security Benefits (EFT) 1/ -6 77,586 608,883 Supple. Nutrition Assist. Program (SNAP) 408 4,858 42,736 Temporary Assistance for Needy Families (HHS) 22 1,018 10,207 Transportation Security Admin. (DHS) 17 206 1,578 Unemployment Insurance Benefits 147 1,779 19,543 Veterans Affairs programs 376 4,997 43,352 Other Withdrawals: Agriculture 96 1,063 10,247 Emergency Prep & Response (DHS) 54 1,135 11,315 Interior 85 838 6,403 Thrift Savings Plan Transfer 141 2,855 44,363 Unclassified 1,389 26,763 190,727 Total, Other Withdrawals 1,764 72,195 568,168 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 95,504 1,217,912 10,623,115 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 95,504 $ 1,217,912 $ 10,623,115 Net Change in Operating Cash Balance $ 4,311 $ -171,855 $ -133,982 1/Reported as a negative amount due to a return/reversal of $7 million. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, May 28, 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 $ 80,003 $ 657,943 $ 5,696,046 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 1,013 7,027 11,467 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 48 608 Interest Increment 1 457 3,888 Government Account Series 228,209 4,401,672 55,015,053 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 0 21,889 Other 1,510 18,090 146,502 Total Issues $ 310,738 $ 5,217,852 $ 62,841,224 (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 $ 84,994 $ 695,976 $ 5,693,023 Notes 0 93,863 1,329,384 Bonds 0 0 20,266 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 41 800 7,454 Government Account Series 224,447 4,404,596 55,093,028 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 194 5,059 40,671 Other 1,522 18,102 146,333 Total Redemptions $ 311,198 $ 5,218,397 $ 62,330,159 Net Change in Public Debt Outstanding $ -459 $ -546 $ 511,064 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, May 28, 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) $ 310,738 $ 5,217,852 $ 62,841,224 Premium on New Issues 0 0 3,836 Discount on New Issues: Bills (-) 209 4,161 37,508 Bonds and Notes (-) 0 599 7,126 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 228,209 4,401,672 55,015,053 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 457 3,888 Inflation-Protected Securities Increment 1,013 7,027 11,084 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 81,307 $ 803,936 $ 7,770,401 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 311,198 $ 5,218,397 $ 62,330,159 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 (-) 224,447 4,404,596 55,093,028 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 86,751 $ 813,801 $ 7,237,134 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, May 28, 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 $ 16,187,509 $ 16,189,012 $ 16,192,789 $ 15,761,155 Intragovernmental Holdings 5,839,614 5,838,570 5,834,879 5,754,904 Total Public Debt Outstanding 22,027,123 22,027,582 22,027,668 21,516,058 Less: Debt Not Subject to Limit: Other Debt 480 480 480 480 Unamortized Discount 28,623 29,083 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 28, 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 $ 15,597 $ 182,382 $ 1,672,216 Individual Income Taxes 304 3,302 155,256 Railroad Retirement Taxes 73 478 4,095 Excise Taxes 835 5,104 62,823 Corporation Income Taxes 30 5,421 141,170 Federal Unemployment Taxes 2 88 5,638 Estate and Gift Taxes & Misc IRS Rcpts. 1 52 977 Total $ 16,842 $ 196,827 $ 2,042,175 Cash Federal Tax Deposits: Direct $ 134 $ 1,675 $ 18,075 Through Depositaries 16,701 186,879 1,957,394 Total Cash FTD's $ 16,835 $ 188,554 $ 1,975,469 Inter-agency Transfers 7 8,273 66,706 Total $ 16,842 $ 196,827 $ 2,042,175 ___________________________________________________________________________________________ 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 28, 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) $ 536 $ 3,391 $ 27,996 IRS Tax Refunds Business (EFT) 24 4,390 21,392 IRS Tax Refunds Individual (Checks) 69 7,459 52,337 IRS Tax Refunds Individual (EFT) 94 10,385 252,345 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.