1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, July 25, 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 $ 161,323 $ 178,227 $ 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 $ 161,323 $ 178,227 $ 263,709 $ 384,713 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, July 25, 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 $ 582 $ 7,220 Air Transport Security Fees 6 117 3,447 Cash FTD's Received (Table IV) 3,304 179,817 2,437,912 Commodity Credit Corporation programs 66 899 7,937 Customs and Certain Excise Taxes 133 6,973 66,700 Deposits by States: Supplemental Security Income 2 50 2,716 Unemployment 164 962 28,945 Education Department programs 189 4,969 56,236 Energy Department programs 43 443 6,763 Estate and Gift Taxes 69 956 13,122 Federal Reserve Earnings 0 4,355 44,399 Foreign Military Sales Program 64 2,120 30,794 Housing and Urban Development programs 2 181 2,166 Individual Income and Employment Taxes, Not Withheld 202 7,367 417,537 Interest recd from cash investments 0 0 0 Justice Department programs 18 1,054 11,414 Postal Service 270 6,270 75,794 Public Debt Cash Issues (Table III-B) 72,664 817,659 9,561,022 Other Deposits: Deposit Insurance Fund 185 223 6,824 Federal Employees Insurance Receipt 309 1,838 4,810 Medicare Premiums 110 2,856 31,742 Railroad Unemployment Ins. 5 8 121 Thrift Savings Plan Transfer 54 1,007 28,930 Total Other Deposits 663 10,100 133,540 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 77,875 1,044,874 12,907,664 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 77,875 $ 1,044,874 $ 12,907,664 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, July 25, 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 $ 14 $ 266 $ 19,265 Defense Vendor Payments (EFT) 1,589 24,049 281,729 Education Department programs 371 7,991 136,612 Energy Department programs 152 2,438 30,407 Federal Employees Insurance Payments 1,196 7,870 70,719 Fed. Highway Administration programs 307 3,634 34,383 Federal Salaries (EFT) 99 11,089 153,640 Food and Nutrition Service (misc) 45 1,558 25,476 GSA programs 107 1,780 18,682 Health and Human Services Grants (misc) 336 7,976 96,866 Housing and Urban Development programs 115 5,539 59,758 Interest on Treasury Securities 0 14,356 229,996 IRS Tax Refunds Business (EFT) 0 1,230 23,609 IRS Tax Refunds Individual (EFT) 1/ -2 2,598 259,761 Justice Department programs 430 1,572 17,278 Labor Dept. prgms (excl. unemployment) 131 962 11,758 Medicaid 3,425 33,280 331,426 Medicare and Other CMS Payments 2,101 29,666 347,467 Medicare Advantage - Part C&D Payments 0 29,339 289,219 Marketplace Payments 0 4,109 47,337 NASA programs 177 1,364 14,919 Postal Service Money Orders and Other 89 2,794 34,537 Public Debt Cash Redemp. (Table III-B) 82,254 804,045 8,986,650 Social Security Benefits (EFT) 68 77,925 764,683 Supple. Nutrition Assist. Program (SNAP) 145 4,740 52,759 Temporary Assistance for Needy Families (HHS) 89 1,256 12,966 Transportation Security Admin. (DHS) 14 162 1,954 Unemployment Insurance Benefits 56 1,922 23,681 Veterans Affairs programs 234 4,260 53,085 Other Withdrawals: Agriculture 60 995 12,472 Emergency Prep & Response (DHS) 60 854 13,438 Federal Aviation Administration 84 622 6,630 Federal Crop Ins. Corp. 53 453 9,338 Federal Transit Admin. 122 856 9,791 Unclassified 857 19,303 235,211 Total, Other Withdrawals 1,236 57,494 700,431 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 94,779 1,147,260 13,131,054 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 94,779 $ 1,147,260 $ 13,131,054 Net Change in Operating Cash Balance $ -16,904 $ -102,386 $ -223,389 1/Reported as a negative amount due to a return/reversal of $2 million. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, July 25, 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 $ 72,002 $ 603,961 $ 6,985,977 Cash Management Series 0 0 123,001 Notes 0 181,980 2,092,382 Bonds 0 16,136 196,438 Inflation-Protected Securities Increment 95 3,104 22,577 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 1 44 706 Interest Increment 1 507 4,861 Government Account Series 204,624 3,264,645 63,179,796 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 0 22,010 Other 1,212 17,868 185,577 Total Issues $ 277,936 $ 4,088,245 $ 72,813,324 (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 $ 81,007 $ 643,989 $ 7,138,008 Notes 0 137,202 1,583,726 Bonds 0 0 20,266 Federal Financing Bank 0 0 1,530 Nonmarketable: United States Savings Securities 33 789 9,206 Government Account Series 195,280 3,284,539 63,318,261 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 4,208 50,105 Other 1,213 17,857 185,335 Total Redemptions $ 277,534 $ 4,088,584 $ 72,306,438 Net Change in Public Debt Outstanding $ 402 $ -339 $ 506,886 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, July 25, 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) $ 277,936 $ 4,088,245 $ 72,813,324 Premium on New Issues 0 1,431 7,277 Discount on New Issues: Bills (-) 551 3,469 45,256 Bonds and Notes (-) 0 293 7,747 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 204,624 3,264,645 63,179,796 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 507 4,861 Inflation-Protected Securities Increment 95 3,104 21,918 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 72,664 $ 817,659 $ 9,561,022 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 277,534 $ 4,088,584 $ 72,306,438 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 (-) 195,280 3,284,539 63,318,261 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 82,254 $ 804,045 $ 8,986,650 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, July 25, 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 $ 16,217,520 $ 16,216,591 $ 16,188,422 $ 15,761,155 Intragovernmental Holdings 5,805,424 5,805,951 5,834,861 5,754,904 Total Public Debt Outstanding 22,022,944 22,022,542 22,023,283 21,516,058 Less: Debt Not Subject to Limit: Other Debt 479 479 479 480 Unamortized Discount 25,975 25,573 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 Thursday, July 25, 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 $ 2,512 $ 171,935 $ 2,058,929 Individual Income Taxes 169 3,268 178,851 Railroad Retirement Taxes 40 411 5,033 Excise Taxes 577 4,579 76,657 Corporation Income Taxes 27 6,797 195,404 Federal Unemployment Taxes 13 117 5,799 Estate and Gift Taxes & Misc IRS Rcpts. 7 21 1,066 Total $ 3,344 $ 187,128 $ 2,521,739 Cash Federal Tax Deposits: Direct $ 68 $ 1,668 $ 23,097 Through Depositaries 3,236 178,149 2,414,814 Total Cash FTD's $ 3,304 $ 179,817 $ 2,437,912 Inter-agency Transfers 40 7,311 83,827 Total $ 3,344 $ 187,128 $ 2,521,739 ___________________________________________________________________________________________ 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, July 25, 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) $ 2 $ 2,134 $ 33,572 IRS Tax Refunds Business (EFT) 0 1,230 23,609 IRS Tax Refunds Individual (Checks) 31 2,223 58,630 IRS Tax Refunds Individual (EFT) 1/ -2 2,598 259,761 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.