1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, December 18, 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 $ 378,573 $ 387,575 $ 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 $ 378,573 $ 387,575 $ 342,618 $ 382,483 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, December 18, 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) $ 12 $ 269 $ 1,375 Air Transport Security Fees 3 16 782 Cash FTD's Received (Table IV) 12,755 201,911 623,069 Commodity Credit Corporation programs 32 455 1,702 Customs and Certain Excise Taxes 167 1,768 19,042 Deposits by States: Supplemental Security Income 2 44 639 Unemployment 20 177 4,901 Dept of Commerce (DOC) 26 211 870 Dept of Education (ED) 235 4,094 16,651 Dept of Energy (DOE) 26 243 1,501 Estate and Gift Taxes 91 1,005 3,871 Federal Reserve Earnings 1,513 4,046 13,797 Foreign Military Sales Program 34 5,655 12,210 General Services Administration (GSA) 6 49 355 Housing and Urban Development programs 1 71 484 Individual Income and Employment Taxes, Not Withheld 1,200 5,550 31,427 Interest recd from cash investments 0 0 0 Justice Department programs 25 329 1,354 Postal Service 382 5,789 21,365 Public Debt Cash Issues (Table III-B) 3,300 643,544 2,779,566 Other Deposits: Medicare Premiums 81 1,197 7,790 Total Other Deposits 81 8,568 39,159 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 19,912 883,796 3,574,122 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 19,912 $ 883,796 $ 3,574,122 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, December 18, 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 $ 133 $ 1,987 $ 13,009 Defense Vendor Payments (EFT) 1,228 20,953 80,694 Dept of Commerce (DOC) 24 416 3,046 Dept of Education (ED) 543 5,191 27,941 Dept of Energy (DOE) 143 1,818 8,996 Federal Employees Insurance Payments 317 4,227 18,852 Fed. Highway Administration programs 171 2,063 11,011 Federal Salaries (EFT) 154 10,319 43,815 Food and Nutrition Service (misc) 186 1,956 7,443 General Services Administration (GSA) 88 1,535 5,704 Health and Human Services Grants (misc) 675 6,408 25,651 Housing and Urban Development programs 123 4,712 16,271 Interest on Treasury Securities 0 11,766 66,753 IRS Tax Refunds Business (EFT) 189 1,136 4,754 IRS Tax Refunds Individual (EFT) 153 511 10,521 Justice Department programs 109 1,020 4,489 Labor Dept. prgms (excl. unemployment) 57 752 3,215 Medicaid 980 21,974 89,292 Medicare and Other CMS Payments 1,952 20,165 92,161 Medicare Advantage - Part C&D Payments 0 0 87,155 Marketplace Payments 0 0 11,233 NASA programs 144 1,398 4,534 Postal Service Money Orders and Other 138 2,249 9,286 Public Debt Cash Redemp. (Table III-B) 776 622,662 2,477,728 Social Security Benefits (EFT) 18,281 59,901 217,540 Supple. Nutrition Assist. Program (SNAP) 190 3,630 14,249 Temporary Assistance for Needy Families (HHS) 24 867 4,249 Transportation Security Admin. (DHS) 3 84 466 Unemployment Insurance Benefits 127 1,569 5,380 Veterans Affairs programs 263 2,800 15,127 Other Withdrawals: Agriculture 70 1,097 3,997 Federal Transit Admin. 54 665 2,663 Foreign Military Sales Program 82 94 135 State Department 311 1,257 3,719 Thrift Savings Plan Transfer 343 2,656 8,698 Unclassified 883 15,598 65,375 Total, Other Withdrawals 1,743 33,773 197,466 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 28,914 847,840 3,578,032 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 28,914 $ 847,840 $ 3,578,032 Net Change in Operating Cash Balance $ -9,002 $ 35,955 $ -3,910 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, December 18, 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 $ 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 1,943 3,072 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 35 137 Interest Increment 1 448 1,361 Government Account Series 383,597 5,026,211 20,836,318 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 2,569 10,786 35,575 Other 729 13,568 56,511 Total Issues $ 387,007 $ 5,674,311 $ 23,629,930 (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 $ 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 38 629 2,156 Government Account Series 398,142 5,028,295 20,772,049 Hope Bonds 0 0 0 Domestic Series 0 0 4,522 Foreign Series 0 0 0 State and Local Series 8 4,960 14,692 Other 731 13,554 56,479 Total Redemptions $ 398,918 $ 5,650,957 $ 23,249,778 Net Change in Public Debt Outstanding $ -11,911 $ 23,355 $ 380,152 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, December 18, 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) $ 387,007 $ 5,674,311 $ 23,629,930 Premium on New Issues 0 234 792 Discount on New Issues: Bills (-) 0 1,709 8,861 Bonds and Notes (-) 0 690 1,589 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 383,597 5,026,211 20,836,318 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 448 1,361 Inflation-Protected Securities Increment 109 1,943 3,028 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 3,300 $ 643,544 $ 2,779,566 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 398,918 $ 5,650,957 $ 23,249,778 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 (-) 398,142 5,028,295 20,772,049 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 776 $ 622,662 $ 2,477,728 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, December 18, 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 $ 17,132,698 $ 17,130,346 $ 17,105,421 $ 16,809,092 Intragovernmental Holdings 5,966,856 5,981,119 5,970,778 5,910,309 Total Public Debt Outstanding 23,099,554 23,111,465 23,076,199 22,719,402 Less: Debt Not Subject to Limit: Other Debt 479 479 479 479 Unamortized Discount 35,686 35,814 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 $ 23,054,580 $ 23,066,363 $ 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 Wednesday, December 18, 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 $ 11,759 $ 148,604 $ 546,738 Individual Income Taxes 239 3,148 15,197 Railroad Retirement Taxes 2 241 1,111 Excise Taxes 22 3,367 16,396 Corporation Income Taxes 753 53,230 67,745 Federal Unemployment Taxes 1 19 686 Estate and Gift Taxes & Misc IRS Rcpts. 2 38 240 Total $ 12,779 $ 208,647 $ 648,113 Cash Federal Tax Deposits: Direct $ 153 $ 1,173 $ 5,699 Through Depositaries 12,602 200,739 617,370 Total Cash FTD's $ 12,755 $ 201,911 $ 623,069 Inter-agency Transfers 24 6,736 25,044 Total $ 12,779 $ 208,647 $ 648,113 ___________________________________________________________________________________________ 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 Wednesday, December 18, 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) $ 37 $ 1,732 $ 11,389 IRS Tax Refunds Business (EFT) 189 1,136 4,754 IRS Tax Refunds Individual (Checks) 8 2,248 13,132 IRS Tax Refunds Individual (EFT) 153 511 10,521 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.