1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, December 20, 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 $ 370,111 $ 373,409 $ 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 $ 370,111 $ 373,409 $ 342,618 $ 382,483 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, December 20, 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 $ 313 $ 1,419 Air Transport Security Fees 19 37 804 Cash FTD's Received (Table IV) 10,043 215,826 636,984 Commodity Credit Corporation programs 41 533 1,780 Customs and Certain Excise Taxes 145 2,090 19,364 Deposits by States: Supplemental Security Income 3 53 647 Unemployment 5 189 4,913 Dept of Commerce (DOC) 16 245 905 Dept of Education (ED) 220 4,531 17,088 Dept of Energy (DOE) 410 664 1,922 Estate and Gift Taxes 50 1,101 3,967 Federal Reserve Earnings 0 4,046 13,797 Foreign Military Sales Program 24 6,257 12,812 General Services Administration (GSA) 5 57 363 Housing and Urban Development programs 3 83 496 Individual Income and Employment Taxes, Not Withheld 315 6,322 32,200 Interest recd from cash investments 0 0 0 Justice Department programs 94 949 1,974 Postal Service 375 6,725 22,301 Public Debt Cash Issues (Table III-B) 994 725,504 2,861,525 Other Deposits: Export-Import Bank 216 1,011 1,336 Federal Housing Admin: Note Sales 57 1,353 4,757 Medicare Premiums 548 1,953 8,546 Total Other Deposits 821 11,191 41,781 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 13,608 986,717 3,677,043 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 13,608 $ 986,717 $ 3,677,043 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, December 20, 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 $ 146 $ 2,281 $ 13,302 Defense Vendor Payments (EFT) 2,323 25,781 85,522 Dept of Commerce (DOC) 49 518 3,148 Dept of Education (ED) 430 6,048 28,798 Dept of Energy (DOE) 307 2,347 9,525 Federal Employees Insurance Payments 783 5,271 19,897 Fed. Highway Administration programs 156 2,428 11,376 Federal Salaries (EFT) 135 11,360 44,856 Food and Nutrition Service (misc) 155 2,262 7,749 General Services Administration (GSA) 94 1,710 5,879 Health and Human Services Grants (misc) 519 7,366 26,610 Housing and Urban Development programs 162 5,042 16,600 Interest on Treasury Securities 1 11,768 66,755 IRS Tax Refunds Business (EFT) 0 1,136 4,753 IRS Tax Refunds Individual (EFT) 2 517 10,527 Justice Department programs 92 1,235 4,704 Labor Dept. prgms (excl. unemployment) 53 878 3,341 Medicaid 1,093 25,038 92,356 Medicare and Other CMS Payments 1,934 23,772 95,767 Medicare Advantage - Part C&D Payments 0 0 87,155 Marketplace Payments 4,387 4,387 15,621 NASA programs 188 1,747 4,883 Postal Service Money Orders and Other 125 2,478 9,516 Public Debt Cash Redemp. (Table III-B) 1,190 706,223 2,561,289 Social Security Benefits (EFT) 1/ -7 59,892 217,531 Supple. Nutrition Assist. Program (SNAP) 179 3,971 14,590 Temporary Assistance for Needy Families (HHS) 67 946 4,328 Transportation Security Admin. (DHS) 6 115 497 Unemployment Insurance Benefits 43 1,679 5,489 Veterans Affairs programs 253 3,343 15,671 Other Withdrawals: Agency for Internat'l Development 90 1,328 4,496 Agriculture 76 1,235 4,135 Emergency Prep & Response (DHS) 58 703 3,750 Federal Aviation Administration 60 585 2,016 Federal Crop Ins. Corp. 63 656 5,589 Federal Financing Bank 388 1,226 1,957 Interior 74 743 2,420 Unclassified 1,232 17,592 67,369 Total, Other Withdrawals 2,041 37,686 201,379 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 16,906 959,224 3,689,416 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 16,906 $ 959,224 $ 3,689,416 Net Change in Operating Cash Balance $ -3,298 $ 27,493 $ -12,372 1/Reported as a negative amount due to a return/reversal of $8 million. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, December 20, 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 $ 499,398 $ 2,162,585 Cash Management Series 0 0 15,000 Notes 0 183,995 537,450 Bonds 0 15,999 59,993 Inflation-Protected Securities Increment 111 2,162 3,292 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 39 141 Interest Increment 1 451 1,363 Government Account Series 372,592 5,780,763 21,590,870 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 259 13,141 37,930 Other 733 15,543 58,486 Total Issues $ 373,699 $ 6,511,491 $ 24,467,110 (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 $ 569,109 $ 2,109,126 Notes 0 115,409 371,752 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 40 707 2,234 Government Account Series 373,406 5,794,782 21,538,537 Hope Bonds 0 0 0 Domestic Series 0 0 4,522 Foreign Series 0 0 0 State and Local Series 416 5,472 15,204 Other 734 15,525 58,450 Total Redemptions $ 374,597 $ 6,501,005 $ 24,099,826 Net Change in Public Debt Outstanding $ -898 $ 10,486 $ 367,283 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, December 20, 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) $ 373,699 $ 6,511,491 $ 24,467,110 Premium on New Issues 0 234 792 Discount on New Issues: Bills (-) 0 2,155 9,307 Bonds and Notes (-) 0 690 1,589 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 372,592 5,780,763 21,590,870 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 451 1,363 Inflation-Protected Securities Increment 111 2,162 3,247 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 994 $ 725,504 $ 2,861,525 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 374,597 $ 6,501,005 $ 24,099,826 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 (-) 373,406 5,794,782 21,538,537 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,190 $ 706,223 $ 2,561,289 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, December 20, 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 $ 17,131,414 $ 17,131,574 $ 17,105,421 $ 16,809,092 Intragovernmental Holdings 5,955,271 5,956,009 5,970,778 5,910,309 Total Public Debt Outstanding 23,086,685 23,087,583 23,076,199 22,719,402 Less: Debt Not Subject to Limit: Other Debt 479 479 479 479 Unamortized Discount 35,877 36,004 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 $ 23,041,521 $ 23,042,292 $ 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 Friday, December 20, 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 $ 9,444 $ 161,776 $ 559,910 Individual Income Taxes 321 3,652 15,702 Railroad Retirement Taxes 13 255 1,125 Excise Taxes 88 3,485 16,514 Corporation Income Taxes 194 53,586 68,101 Federal Unemployment Taxes 2 23 690 Estate and Gift Taxes & Misc IRS Rcpts. 19 58 260 Total $ 10,082 $ 222,835 $ 662,301 Cash Federal Tax Deposits: Direct $ 71 $ 1,354 $ 5,881 Through Depositaries 9,972 214,472 631,103 Total Cash FTD's $ 10,043 $ 215,826 $ 636,984 Inter-agency Transfers 39 7,009 25,316 Total $ 10,082 $ 222,834 $ 662,300 ___________________________________________________________________________________________ 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 Friday, December 20, 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) $ 0 $ 1,774 $ 11,431 IRS Tax Refunds Business (EFT) 0 1,136 4,753 IRS Tax Refunds Individual (Checks) 471 2,732 13,616 IRS Tax Refunds Individual (EFT) 2 517 10,527 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.