1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, December 23, 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 $ 387,129 $ 370,111 $ 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 $ 387,129 $ 370,111 $ 342,618 $ 382,483 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, December 23, 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) $ 32 $ 344 $ 1,451 Air Transport Security Fees 2 39 805 Cash FTD's Received (Table IV) 22,973 238,798 659,956 Commodity Credit Corporation programs 42 574 1,822 Customs and Certain Excise Taxes 4,902 6,992 24,266 Deposits by States: Supplemental Security Income 10 63 658 Unemployment 10 199 4,923 Dept of Commerce (DOC) 18 263 922 Dept of Education (ED) 323 4,855 17,411 Dept of Energy (DOE) 38 702 1,960 Estate and Gift Taxes 36 1,137 4,003 Federal Reserve Earnings 0 4,046 13,797 Foreign Military Sales Program 7 6,264 12,819 General Services Administration (GSA) 6 64 369 Housing and Urban Development programs 97 180 593 Individual Income and Employment Taxes, Not Withheld 445 6,768 32,645 Interest recd from cash investments 0 0 0 Justice Department programs 13 962 1,987 Postal Service 467 7,192 22,768 Public Debt Cash Issues (Table III-B) 1,628 727,132 2,863,153 Other Deposits: Federal Housing Admin: Note Sales 93 1,446 4,850 Medicare Premiums 661 2,614 9,207 Total Other Deposits 754 11,945 42,536 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 31,801 1,018,518 3,708,844 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 31,801 $ 1,018,518 $ 3,708,844 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, December 23, 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 $ 165 $ 2,445 $ 13,467 Defense Vendor Payments (EFT) 3,065 28,845 88,586 Dept of Commerce (DOC) 16 533 3,164 Dept of Education (ED) 426 6,474 29,224 Dept of Energy (DOE) 172 2,519 9,697 Federal Employees Insurance Payments 253 5,524 20,150 Fed. Highway Administration programs 197 2,624 11,573 Federal Salaries (EFT) 73 11,434 44,929 Food and Nutrition Service (misc) 190 2,452 7,939 General Services Administration (GSA) 115 1,826 5,995 Health and Human Services Grants (misc) 542 7,908 27,152 Housing and Urban Development programs 173 5,214 16,773 Interest on Treasury Securities 0 11,768 66,755 IRS Tax Refunds Business (EFT) 0 1,136 4,753 IRS Tax Refunds Individual (EFT) 3 520 10,530 Justice Department programs 96 1,331 4,800 Labor Dept. prgms (excl. unemployment) 36 914 3,377 Medicaid 567 25,605 92,923 Medicare and Other CMS Payments 1,966 25,738 97,733 Medicare Advantage - Part C&D Payments 0 0 87,155 Marketplace Payments 1,981 6,369 17,602 NASA programs 120 1,867 5,003 Postal Service Money Orders and Other 146 2,624 9,662 Public Debt Cash Redemp. (Table III-B) 971 707,193 2,562,260 Social Security Benefits (EFT) 2 59,894 217,533 Supple. Nutrition Assist. Program (SNAP) 449 4,421 15,039 Temporary Assistance for Needy Families (HHS) 60 1,006 4,388 Transportation Security Admin. (DHS) 6 120 503 Unemployment Insurance Benefits 168 1,847 5,658 Veterans Affairs programs 418 3,761 16,088 Other Withdrawals: Agriculture 75 1,310 4,210 Emergency Prep & Response (DHS) 68 772 3,818 Federal Aviation Administration 91 676 2,108 Federal Crop Ins. Corp. 51 707 5,640 Federal Transit Admin. 91 852 2,850 Interior 67 810 2,487 International Monetary Fund 201 262 624 State Department 66 1,406 3,869 Thrift Savings Plan Transfer 288 3,015 9,057 Treasury Dept: Claims Payments 75 213 471 Unclassified 1,333 18,925 68,701 Total, Other Withdrawals 2,407 40,093 203,786 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 14,783 974,007 3,704,198 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 14,783 $ 974,007 $ 3,704,198 Net Change in Operating Cash Balance $ 17,018 $ 44,511 $ 4,646 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, December 23, 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 $ -1 $ 499,397 $ 2,162,584 Cash Management Series 0 0 15,000 Notes 0 183,995 537,450 Bonds 0 15,999 59,993 Inflation-Protected Securities Increment 329 2,491 3,620 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 5 44 146 Interest Increment 3 454 1,366 Government Account Series 396,117 6,176,880 21,986,987 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 892 14,033 38,822 Other 732 16,275 59,218 Total Issues $ 398,076 $ 6,909,567 $ 24,865,186 (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 52 758 2,285 Government Account Series 369,610 6,164,393 21,908,147 Hope Bonds 0 0 0 Domestic Series 0 0 4,522 Foreign Series 0 0 0 State and Local Series 187 5,658 15,391 Other 732 16,258 59,183 Total Redemptions $ 370,581 $ 6,871,586 $ 24,470,407 Net Change in Public Debt Outstanding $ 27,495 $ 37,982 $ 394,779 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, December 23, 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) $ 398,076 $ 6,909,567 $ 24,865,186 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 (-) 396,117 6,176,880 21,986,987 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 454 1,366 Inflation-Protected Securities Increment 329 2,491 3,576 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,628 $ 727,132 $ 2,863,153 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 370,581 $ 6,871,586 $ 24,470,407 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 (-) 369,610 6,164,393 21,908,147 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 971 $ 707,193 $ 2,562,260 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, December 23, 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 $ 17,132,275 $ 17,131,414 $ 17,105,421 $ 16,809,092 Intragovernmental Holdings 5,981,905 5,955,271 5,970,778 5,910,309 Total Public Debt Outstanding 23,114,180 23,086,685 23,076,199 22,719,402 Less: Debt Not Subject to Limit: Other Debt 479 479 479 479 Unamortized Discount 35,496 35,877 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 $ 23,069,396 $ 23,041,521 $ 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 Monday, December 23, 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 $ 22,220 $ 183,996 $ 582,129 Individual Income Taxes 382 4,035 16,084 Railroad Retirement Taxes 41 296 1,166 Excise Taxes 106 3,591 16,619 Corporation Income Taxes 228 53,814 68,329 Federal Unemployment Taxes 2 25 692 Estate and Gift Taxes & Misc IRS Rcpts. 3 61 263 Total $ 22,982 $ 245,817 $ 685,283 Cash Federal Tax Deposits: Direct $ 94 $ 1,448 $ 5,975 Through Depositaries 22,879 237,350 653,981 Total Cash FTD's $ 22,973 $ 238,798 $ 659,956 Inter-agency Transfers 9 7,018 25,325 Total $ 22,982 $ 245,816 $ 685,282 ___________________________________________________________________________________________ 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, December 23, 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) 6 2,738 13,623 IRS Tax Refunds Individual (EFT) 3 520 10,530 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.