1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, July 2, 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 $ 239,653 $ 242,627 $ 263,709 $ 384,713 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 239,653 $ 242,627 $ 263,709 $ 384,713 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, July 2, 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) $ 13 $ 222 $ 6,860 Air Transport Security Fees 1 3 3,334 Cash FTD's Received (Table IV) 6,188 37,501 2,295,596 Commodity Credit Corporation programs 47 165 7,202 Customs and Certain Excise Taxes 137 262 59,989 Deposits by States: Supplemental Security Income 2 3 2,670 Unemployment 13 25 28,008 Education Department programs 397 654 51,921 Energy Department programs 20 39 6,359 Estate and Gift Taxes 43 66 12,232 Federal Reserve Earnings 0 0 40,044 Foreign Military Sales Program 78 1,504 30,179 Housing and Urban Development programs 3 10 1,994 Individual Income and Employment Taxes, Not Withheld 488 978 411,148 Interest recd from cash investments 0 0 0 Justice Department programs 7 24 10,385 Postal Service 424 813 70,337 Public Debt Cash Issues (Table III-B) 76,370 196,351 8,939,714 Other Deposits: Federal Housing Admin: Note Sales 62 112 13,755 TARP 40 40 68 Total Other Deposits 103 2,207 125,646 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 84,333 240,827 12,103,617 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 84,333 $ 240,827 $ 12,103,617 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, July 2, 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 $ 15 $ 23 $ 19,022 Defense Vendor Payments (EFT) 1,709 2,818 260,498 Education Department programs 343 559 129,180 Energy Department programs 119 221 28,190 Federal Employees Insurance Payments 227 411 63,259 Fed. Highway Administration programs 117 242 30,991 Federal Salaries (EFT) 786 2,804 145,355 Food and Nutrition Service (misc) 74 109 24,027 GSA programs 110 595 17,498 Health and Human Services Grants (misc) 366 774 89,665 Housing and Urban Development programs 202 3,318 57,537 Interest on Treasury Securities 0 9,443 225,083 IRS Tax Refunds Business (EFT) 108 142 22,521 IRS Tax Refunds Individual (EFT) 56 136 257,299 Justice Department programs 145 154 15,860 Labor Dept. prgms (excl. unemployment) 37 82 10,878 Medicaid 1,667 2,694 300,840 Medicare and Other CMS Payments 1,491 2,917 320,719 Medicare Advantage - Part C&D Payments 0 29,339 289,219 Marketplace Payments 0 0 43,229 NASA programs 209 209 13,764 Postal Service Money Orders and Other 150 358 32,101 Public Debt Cash Redemp. (Table III-B) 76,605 174,582 8,357,187 Social Security Benefits (EFT) 64 295 687,053 Supple. Nutrition Assist. Program (SNAP) 126 364 48,383 Temporary Assistance for Needy Families (HHS) 154 263 11,973 Transportation Security Admin. (DHS) 13 13 1,805 Unemployment Insurance Benefits 177 293 22,052 Veterans Affairs programs 220 689 49,515 Other Withdrawals: Agriculture 182 222 11,699 Centers for Disease Control 88 162 3,933 Emergency Prep & Response (DHS) 96 113 12,697 Federal Transit Admin. 108 165 9,100 Supple. Security Income Benefits (EFT) 121 4,430 45,342 Thrift Savings Plan Transfer 280 338 52,456 Unclassified 1,141 2,339 218,247 Total, Other Withdrawals 2,016 31,036 673,973 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 87,306 264,883 12,248,677 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 87,306 $ 264,883 $ 12,248,677 Net Change in Operating Cash Balance $ -2,973 $ -24,056 $ -145,059 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, July 2, 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 $ 74,999 $ 74,997 $ 6,457,013 Cash Management Series 0 0 123,001 Notes -3 119,457 2,029,860 Bonds 0 0 180,302 Inflation-Protected Securities Increment 98 853 20,325 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 6 668 Interest Increment 2 472 4,826 Government Account Series 178,232 370,039 60,285,190 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 0 22,010 Other 1,554 2,247 169,956 Total Issues $ 254,884 $ 568,071 $ 69,293,150 (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 $ 74,996 $ 74,996 $ 6,569,016 Notes 0 93,456 1,539,981 Bonds 0 0 20,266 Federal Financing Bank 0 0 1,530 Nonmarketable: United States Savings Securities 56 123 8,540 Government Account Series 178,252 393,617 60,427,339 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 3,777 49,675 Other 1,553 2,229 169,707 Total Redemptions $ 254,857 $ 568,199 $ 68,786,053 Net Change in Public Debt Outstanding $ 27 $ -128 $ 507,096 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, July 2, 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) $ 254,884 $ 568,071 $ 69,293,150 Premium on New Issues 0 0 5,845 Discount on New Issues: Bills (-) 182 182 41,970 Bonds and Notes (-) 0 173 7,628 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 178,232 370,039 60,285,190 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 472 4,826 Inflation-Protected Securities Increment 98 853 19,667 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 76,370 $ 196,351 $ 8,939,714 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 254,857 $ 568,199 $ 68,786,053 Premium on Debt Buyback Operation 0 0 0 Discount on Debt Buyback Operation (-) 0 0 -2 Federal Financing Bank (-) 0 0 1,530 Government Account Transactions (-) 178,252 393,617 60,427,339 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 76,605 $ 174,582 $ 8,357,187 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, July 2, 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 $ 16,200,813 $ 16,214,109 $ 16,188,422 $ 15,761,155 Intragovernmental Holdings 5,822,342 5,809,018 5,834,861 5,754,904 Total Public Debt Outstanding 22,023,154 22,023,127 22,023,283 21,516,058 Less: Debt Not Subject to Limit: Other Debt 479 479 479 480 Unamortized Discount 26,185 26,158 26,314 30,390 Federal Financing Bank 8,809 8,809 8,809 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, July 2, 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 $ 6,302 $ 38,550 $ 1,925,544 Individual Income Taxes 163 458 176,041 Railroad Retirement Taxes 9 66 4,688 Excise Taxes 31 59 72,136 Corporation Income Taxes 117 243 188,850 Federal Unemployment Taxes 3 7 5,689 Estate and Gift Taxes & Misc IRS Rcpts. 3 5 1,051 Total $ 6,628 $ 39,389 $ 2,374,000 Cash Federal Tax Deposits: Direct $ 21 $ 42 $ 21,471 Through Depositaries 6,167 37,459 2,274,124 Total Cash FTD's $ 6,188 $ 37,501 $ 2,295,596 Inter-agency Transfers 440 1,888 78,404 Total $ 6,628 $ 39,389 $ 2,374,000 ___________________________________________________________________________________________ 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, July 2, 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) $ 393 $ 404 $ 31,842 IRS Tax Refunds Business (EFT) 108 142 22,521 IRS Tax Refunds Individual (Checks) 43 78 56,486 IRS Tax Refunds Individual (EFT) 56 136 257,299 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.