1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, July 8, 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 $ 219,246 $ 210,522 $ 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 $ 219,246 $ 210,522 $ 263,709 $ 384,713 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, July 8, 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) $ 23 $ 281 $ 6,918 Air Transport Security Fees 1 7 3,338 Cash FTD's Received (Table IV) 15,391 71,655 2,329,749 Commodity Credit Corporation programs 25 282 7,320 Customs and Certain Excise Taxes 139 610 60,337 Deposits by States: Supplemental Security Income 1 7 2,673 Unemployment 22 79 28,063 Education Department programs 360 1,444 52,711 Energy Department programs 17 115 6,435 Estate and Gift Taxes 34 221 12,387 Federal Reserve Earnings 0 1,048 41,092 Foreign Military Sales Program 5 1,675 30,350 Housing and Urban Development programs 27 42 2,027 Individual Income and Employment Taxes, Not Withheld 247 2,358 412,528 Interest recd from cash investments 0 0 0 Justice Department programs 14 175 10,535 Postal Service 405 1,982 71,506 Public Debt Cash Issues (Table III-B) 625 270,178 9,013,541 Other Deposits: Defense Finance & Accounting Service 52 152 4,919 FCC - Universal Service Fund 199 340 8,200 Federal Housing Admin: Note Sales 318 804 14,447 Thrift Savings Plan Transfer 270 422 28,345 Total Other Deposits 839 3,713 127,153 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 18,173 355,872 12,218,662 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 18,173 $ 355,872 $ 12,218,662 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, July 8, 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 $ 65 $ 19,064 Defense Vendor Payments (EFT) 1,079 6,289 263,970 Education Department programs 281 2,275 130,896 Energy Department programs 53 611 28,579 Federal Employees Insurance Payments 305 1,363 64,212 Fed. Highway Administration programs 443 1,015 31,764 Federal Salaries (EFT) 57 3,870 146,421 Food and Nutrition Service (misc) 236 505 24,423 GSA programs 59 840 17,743 Health and Human Services Grants (misc) 318 2,096 90,986 Housing and Urban Development programs 138 3,807 58,027 Interest on Treasury Securities 0 9,443 225,083 IRS Tax Refunds Business (EFT) 19 166 22,545 IRS Tax Refunds Individual (EFT) 44 771 257,934 Justice Department programs 49 343 16,049 Labor Dept. prgms (excl. unemployment) 18 234 11,029 Medicaid 1,645 8,431 306,577 Medicare and Other CMS Payments 1,277 7,320 325,121 Medicare Advantage - Part C&D Payments 0 29,339 289,219 Marketplace Payments 0 0 43,229 NASA programs 88 494 14,049 Postal Service Money Orders and Other 222 1,018 32,761 Public Debt Cash Redemp. (Table III-B) 674 258,128 8,440,733 Social Security Benefits (EFT) 46 22,638 709,397 Supple. Nutrition Assist. Program (SNAP) 567 1,468 49,487 Temporary Assistance for Needy Families (HHS) 17 326 12,036 Transportation Security Admin. (DHS) 1 21 1,813 Unemployment Insurance Benefits 124 587 22,346 Veterans Affairs programs 220 1,425 50,251 Other Withdrawals: Agriculture 50 337 11,814 Thrift Savings Plan Transfer 51 737 52,856 Unclassified 1,356 5,897 221,805 Total, Other Withdrawals 1,457 35,446 678,383 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 9,449 400,335 12,384,128 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 9,449 $ 400,335 $ 12,384,128 Net Change in Operating Cash Balance $ 8,724 $ -44,463 $ -165,466 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, July 8, 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 $ 0 $ 146,992 $ 6,529,009 Cash Management Series 0 0 123,001 Notes 0 119,457 2,029,859 Bonds 0 0 180,302 Inflation-Protected Securities Increment 296 1,444 20,917 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 13 674 Interest Increment 2 476 4,831 Government Account Series 183,889 932,926 60,848,076 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 0 22,010 Other 622 4,634 172,344 Total Issues $ 184,812 $ 1,205,942 $ 69,931,021 (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 $ 155,995 $ 6,650,015 Notes 0 93,457 1,539,981 Bonds 0 0 20,266 Federal Financing Bank 0 0 1,530 Nonmarketable: United States Savings Securities 50 260 8,677 Government Account Series 184,598 948,304 60,982,026 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 3,778 49,676 Other 624 4,638 172,117 Total Redemptions $ 185,272 $ 1,206,432 $ 69,424,287 Net Change in Public Debt Outstanding $ -460 $ -490 $ 506,734 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, July 8, 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) $ 184,812 $ 1,205,942 $ 69,931,021 Premium on New Issues 0 0 5,845 Discount on New Issues: Bills (-) 0 744 42,532 Bonds and Notes (-) 0 173 7,628 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 183,889 932,926 60,848,076 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 476 4,831 Inflation-Protected Securities Increment 296 1,444 20,258 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 625 $ 270,178 $ 9,013,541 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 185,272 $ 1,206,432 $ 69,424,287 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 (-) 184,598 948,304 60,982,026 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 674 $ 258,128 $ 8,440,733 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, July 8, 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 $ 16,210,039 $ 16,212,103 $ 16,188,422 $ 15,761,155 Intragovernmental Holdings 5,812,754 5,811,149 5,834,861 5,754,904 Total Public Debt Outstanding 22,022,792 22,023,253 22,023,283 21,516,058 Less: Debt Not Subject to Limit: Other Debt 479 479 479 480 Unamortized Discount 25,823 26,284 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 Monday, July 8, 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 $ 15,117 $ 73,356 $ 1,960,350 Individual Income Taxes 165 1,159 176,742 Railroad Retirement Taxes 45 132 4,754 Excise Taxes 35 191 72,269 Corporation Income Taxes 33 439 189,046 Federal Unemployment Taxes 3 19 5,702 Estate and Gift Taxes & Misc IRS Rcpts. 0 23 1,068 Total $ 15,399 $ 75,320 $ 2,409,930 Cash Federal Tax Deposits: Direct $ 22 $ 174 $ 21,603 Through Depositaries 15,370 71,481 2,308,146 Total Cash FTD's $ 15,391 $ 71,655 $ 2,329,749 Inter-agency Transfers 8 3,665 80,181 Total $ 15,399 $ 75,320 $ 2,409,930 ___________________________________________________________________________________________ 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 Monday, July 8, 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) $ 3 $ 432 $ 31,870 IRS Tax Refunds Business (EFT) 19 166 22,545 IRS Tax Refunds Individual (Checks) 587 761 57,168 IRS Tax Refunds Individual (EFT) 44 771 257,934 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.