1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, December 17, 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 $ 387,575 $ 401,451 $ 342,618 $ 382,483 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 387,575 $ 401,451 $ 342,618 $ 382,483 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, December 17, 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) $ 26 $ 256 $ 1,363 Air Transport Security Fees 1 13 780 Cash FTD's Received (Table IV) 5,476 189,157 610,314 Commodity Credit Corporation programs 46 423 1,671 Customs and Certain Excise Taxes 131 1,601 18,875 Deposits by States: Supplemental Security Income 2 43 637 Unemployment 14 157 4,881 Dept of Commerce (DOC) 19 185 844 Dept of Education (ED) 474 3,860 16,416 Dept of Energy (DOE) 8 217 1,476 Estate and Gift Taxes 40 914 3,780 Federal Reserve Earnings 0 2,533 12,284 Foreign Military Sales Program 8 5,621 12,176 General Services Administration (GSA) 2 43 348 Housing and Urban Development programs 1 70 482 Individual Income and Employment Taxes, Not Withheld 468 4,350 30,227 Interest recd from cash investments 0 0 0 Justice Department programs 68 303 1,329 Postal Service 529 5,407 20,984 Public Debt Cash Issues (Table III-B) 85,363 640,244 2,776,266 Other Deposits: Dept of Transportation (DOT) 867 1,000 2,748 Medicare Premiums 186 1,116 7,709 Seized Assets 72 72 77 Total Other Deposits 1,125 8,486 39,077 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 93,801 863,884 3,554,210 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 93,801 $ 863,884 $ 3,554,210 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, December 17, 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 $ 152 $ 1,854 $ 12,876 Defense Vendor Payments (EFT) 2,777 19,725 79,466 Dept of Commerce (DOC) 28 392 3,022 Dept of Education (ED) 426 4,648 27,398 Dept of Energy (DOE) 107 1,675 8,853 Federal Employees Insurance Payments 242 3,910 18,535 Fed. Highway Administration programs 96 1,891 10,840 Federal Salaries (EFT) 377 10,165 43,661 Food and Nutrition Service (misc) 62 1,770 7,257 General Services Administration (GSA) 67 1,447 5,616 Health and Human Services Grants (misc) 449 5,733 24,977 Housing and Urban Development programs 155 4,589 16,147 Interest on Treasury Securities 0 11,766 66,753 IRS Tax Refunds Business (EFT) 21 948 4,566 IRS Tax Refunds Individual (EFT) 3 358 10,368 Justice Department programs 87 911 4,380 Labor Dept. prgms (excl. unemployment) 51 695 3,158 Medicaid 1,379 20,994 88,312 Medicare and Other CMS Payments 1,555 18,213 90,209 Medicare Advantage - Part C&D Payments 0 0 87,155 Marketplace Payments 0 0 11,233 NASA programs 50 1,254 4,390 Postal Service Money Orders and Other 131 2,110 9,148 Public Debt Cash Redemp. (Table III-B) 96,799 621,886 2,476,952 Social Security Benefits (EFT) 1/ -4 41,620 199,259 Supple. Nutrition Assist. Program (SNAP) 198 3,440 14,059 Temporary Assistance for Needy Families (HHS) 58 843 4,225 Transportation Security Admin. (DHS) 8 81 463 Unemployment Insurance Benefits 196 1,443 5,253 Veterans Affairs programs 216 2,537 14,864 Other Withdrawals: Agriculture 214 1,026 3,927 Customs and Borders Protection (DHS) 56 282 1,286 Federal Financing Bank 61 821 1,552 State Department 58 946 3,408 Thrift Savings Plan Transfer 456 2,314 8,355 Unclassified 1,146 14,715 64,492 Total, Other Withdrawals 1,991 32,031 195,723 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 107,677 818,927 3,549,118 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 107,677 $ 818,927 $ 3,549,118 Net Change in Operating Cash Balance $ -13,876 $ 44,957 $ 5,092 1/Reported as a negative amount due to a return/reversal of $5 million. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, December 17, 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 $ 83,106 $ 421,326 $ 2,084,513 Cash Management Series 0 0 15,000 Notes 0 183,995 537,450 Bonds 0 15,999 59,993 Inflation-Protected Securities Increment 109 1,834 2,963 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 33 135 Interest Increment 1 447 1,359 Government Account Series 393,088 4,642,614 20,452,721 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 738 8,218 33,007 Other 1,663 12,839 55,782 Total Issues $ 478,707 $ 5,287,304 $ 23,242,923 (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 $ 95,002 $ 488,110 $ 2,028,127 Notes 0 115,409 371,752 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 49 591 2,118 Government Account Series 378,626 4,630,153 20,373,908 Hope Bonds 0 0 0 Domestic Series 0 0 4,522 Foreign Series 0 0 0 State and Local Series 98 4,952 14,685 Other 1,650 12,823 55,748 Total Redemptions $ 475,425 $ 5,252,038 $ 22,850,860 Net Change in Public Debt Outstanding $ 3,282 $ 35,266 $ 392,063 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, December 17, 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) $ 478,707 $ 5,287,304 $ 23,242,923 Premium on New Issues 0 234 792 Discount on New Issues: Bills (-) 146 1,709 8,861 Bonds and Notes (-) 0 690 1,589 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 393,088 4,642,614 20,452,721 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 447 1,359 Inflation-Protected Securities Increment 109 1,834 2,919 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 85,363 $ 640,244 $ 2,776,266 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 475,425 $ 5,252,038 $ 22,850,860 Premium on Debt Buyback Operation 0 0 0 Discount on Debt Buyback Operation (-) 0 0 0 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 378,626 4,630,153 20,373,908 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 96,799 $ 621,886 $ 2,476,952 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, December 17, 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 $ 17,130,346 $ 17,141,625 $ 17,105,421 $ 16,809,092 Intragovernmental Holdings 5,981,119 5,966,558 5,970,778 5,910,309 Total Public Debt Outstanding 23,111,465 23,108,183 23,076,199 22,719,402 Less: Debt Not Subject to Limit: Other Debt 479 479 479 479 Unamortized Discount 35,814 35,796 36,339 23,497 Federal Financing Bank 8,809 8,809 8,809 8,809 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 $ 23,066,363 $ 23,063,099 $ 23,030,572 $ 22,686,617 Statutory Debt Limit * * * * *Statutory debt limit temporarily suspended through July 31, 2021. 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, December 17, 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 $ 5,097 $ 136,845 $ 534,979 Individual Income Taxes 214 2,909 14,958 Railroad Retirement Taxes 2 239 1,109 Excise Taxes 16 3,345 16,374 Corporation Income Taxes 728 52,476 66,992 Federal Unemployment Taxes 1 18 685 Estate and Gift Taxes & Misc IRS Rcpts. 1 36 238 Total $ 6,059 $ 195,868 $ 635,334 Cash Federal Tax Deposits: Direct $ 40 $ 1,019 $ 5,546 Through Depositaries 5,436 188,137 604,768 Total Cash FTD's $ 5,476 $ 189,157 $ 610,314 Inter-agency Transfers 583 6,712 25,019 Total $ 6,059 $ 195,868 $ 635,334 ___________________________________________________________________________________________ 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, December 17, 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) $ 605 $ 1,694 $ 11,351 IRS Tax Refunds Business (EFT) 21 948 4,566 IRS Tax Refunds Individual (Checks) 17 2,240 13,125 IRS Tax Refunds Individual (EFT) 3 358 10,368 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 https://fiscal.treasury.gov/reports-statements/dts/. For more information, call the Cash Reporting Branch at 202-874-9789.