1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, December 24, 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 $ 351,934 $ 387,129 $ 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 $ 351,934 $ 387,129 $ 342,618 $ 382,483 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, December 24, 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 $ 376 $ 1,482 Air Transport Security Fees 8 47 813 Cash FTD's Received (Table IV) 6,186 244,985 666,143 Commodity Credit Corporation programs 36 611 1,858 Customs and Certain Excise Taxes 137 7,129 24,403 Deposits by States: Supplemental Security Income 1 65 659 Unemployment 5 204 4,928 Dept of Commerce (DOC) 18 281 940 Dept of Education (ED) 417 5,272 17,829 Dept of Energy (DOE) 45 747 2,005 Estate and Gift Taxes 44 1,182 4,047 Federal Reserve Earnings 0 4,046 13,797 Foreign Military Sales Program 28 6,291 12,847 General Services Administration (GSA) 4 67 373 Housing and Urban Development programs 1 181 594 Individual Income and Employment Taxes, Not Withheld 785 7,553 33,430 Interest recd from cash investments 0 0 0 Justice Department programs 17 979 2,004 Postal Service 467 7,659 23,235 Public Debt Cash Issues (Table III-B) 75,554 802,686 2,938,707 Other Deposits: Gas and Oil Lease Sales Proceeds 56 460 1,838 Medicare Premiums 155 2,769 9,362 Total Other Deposits 210 12,155 42,746 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 83,997 1,102,514 3,792,841 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 83,997 $ 1,102,514 $ 3,792,841 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, December 24, 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 $ 169 $ 2,614 $ 13,636 Defense Vendor Payments (EFT) 2,571 31,416 91,157 Dept of Commerce (DOC) 20 553 3,184 Dept of Education (ED) 494 6,968 29,718 Dept of Energy (DOE) 124 2,643 9,821 Federal Employees Insurance Payments 126 5,651 20,276 Fed. Highway Administration programs 6 2,630 11,579 Federal Salaries (EFT) 9 11,442 44,938 Food and Nutrition Service (misc) 128 2,580 8,067 General Services Administration (GSA) 0 1,826 5,995 Health and Human Services Grants (misc) 415 8,323 27,566 Housing and Urban Development programs 172 5,386 16,945 Interest on Treasury Securities 0 11,768 66,755 IRS Tax Refunds Business (EFT) 103 1,239 4,857 IRS Tax Refunds Individual (EFT) 2 522 10,532 Justice Department programs 0 1,331 4,799 Labor Dept. prgms (excl. unemployment) 48 963 3,426 Medicaid 776 26,381 93,699 Medicare and Other CMS Payments 1,558 27,295 99,291 Medicare Advantage - Part C&D Payments 0 0 87,155 Marketplace Payments 0 6,369 17,602 NASA programs 22 1,889 5,025 Postal Service Money Orders and Other 595 3,219 10,257 Public Debt Cash Redemp. (Table III-B) 91,730 798,923 2,653,990 Social Security Benefits (EFT) 18,460 78,354 235,993 Supple. Nutrition Assist. Program (SNAP) 152 4,573 15,191 Temporary Assistance for Needy Families (HHS) 57 1,064 4,446 Transportation Security Admin. (DHS) 0 120 503 Unemployment Insurance Benefits 206 2,053 5,864 Veterans Affairs programs 7 3,767 16,095 Other Withdrawals: Agency for Internat'l Development 87 1,459 4,628 Agriculture 84 1,394 4,294 Federal Aviation Administration 71 747 2,179 Federal Crop Ins. Corp. 67 774 5,707 Federal Transit Admin. 52 905 2,902 International Monetary Fund 124 386 748 Unclassified 757 19,682 69,459 Total, Other Withdrawals 1,242 41,336 205,028 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 119,191 1,093,198 3,823,390 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 119,191 $ 1,093,198 $ 3,823,390 Net Change in Operating Cash Balance $ -35,195 $ 9,316 $ -30,549 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, December 24, 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 $ 74,009 $ 573,406 $ 2,236,593 Cash Management Series 0 0 15,000 Notes 0 183,995 537,450 Bonds 0 15,999 59,993 Inflation-Protected Securities Increment 110 2,601 3,731 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 46 148 Interest Increment 1 454 1,366 Government Account Series 370,971 6,547,851 22,357,958 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 7 14,040 38,829 Other 1,669 17,944 60,887 Total Issues $ 446,769 $ 7,356,337 $ 25,311,955 (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 $ 90,010 $ 659,119 $ 2,199,136 Notes 0 115,409 371,752 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 52 811 2,337 Government Account Series 389,236 6,553,629 22,297,384 Hope Bonds 0 0 0 Domestic Series 0 0 4,522 Foreign Series 0 0 0 State and Local Series 0 5,658 15,391 Other 1,668 17,926 60,850 Total Redemptions $ 480,966 $ 7,352,552 $ 24,951,374 Net Change in Public Debt Outstanding $ -34,197 $ 3,785 $ 360,582 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, December 24, 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) $ 446,769 $ 7,356,337 $ 25,311,955 Premium on New Issues 0 234 792 Discount on New Issues: Bills (-) 133 2,288 9,440 Bonds and Notes (-) 0 690 1,589 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 370,971 6,547,851 22,357,958 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 454 1,366 Inflation-Protected Securities Increment 110 2,601 3,686 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 75,554 $ 802,686 $ 2,938,707 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 480,966 $ 7,352,552 $ 24,951,374 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 (-) 389,236 6,553,629 22,297,384 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 91,730 $ 798,923 $ 2,653,990 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, December 24, 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 $ 17,116,045 $ 17,132,275 $ 17,105,421 $ 16,809,092 Intragovernmental Holdings 5,963,938 5,981,905 5,970,778 5,910,309 Total Public Debt Outstanding 23,079,983 23,114,180 23,076,199 22,719,402 Less: Debt Not Subject to Limit: Other Debt 479 479 479 479 Unamortized Discount 35,502 35,496 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 $ 23,035,193 $ 23,069,396 $ 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 24, 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 $ 5,595 $ 189,591 $ 587,724 Individual Income Taxes 250 4,284 16,334 Railroad Retirement Taxes 61 357 1,227 Excise Taxes 231 3,822 16,851 Corporation Income Taxes 62 53,876 68,392 Federal Unemployment Taxes 2 27 694 Estate and Gift Taxes & Misc IRS Rcpts. 0 61 263 Total $ 6,201 $ 252,018 $ 691,484 Cash Federal Tax Deposits: Direct $ 71 $ 1,519 $ 6,046 Through Depositaries 6,116 243,466 660,097 Total Cash FTD's $ 6,186 $ 244,985 $ 666,143 Inter-agency Transfers 14 7,032 25,340 Total $ 6,201 $ 252,017 $ 691,483 ___________________________________________________________________________________________ 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 24, 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) $ 496 $ 2,270 $ 11,926 IRS Tax Refunds Business (EFT) 103 1,239 4,857 IRS Tax Refunds Individual (Checks) 6 2,745 13,629 IRS Tax Refunds Individual (EFT) 2 522 10,532 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.