1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, December 26, 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 $ 354,659 $ 351,934 $ 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 $ 354,659 $ 351,934 $ 342,618 $ 382,483 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, December 26, 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) $ 8 $ 384 $ 1,490 Air Transport Security Fees 1 48 814 Cash FTD's Received (Table IV) 12,331 257,315 678,473 Commodity Credit Corporation programs 4 615 1,863 Customs and Certain Excise Taxes 113 7,243 24,517 Deposits by States: Supplemental Security Income 1 66 660 Unemployment 11 215 4,939 Dept of Commerce (DOC) 7 288 947 Dept of Education (ED) 235 5,507 18,063 Dept of Energy (DOE) 141 887 2,146 Estate and Gift Taxes 0 1,182 4,047 Federal Reserve Earnings 1,206 5,252 15,003 Foreign Military Sales Program 11 6,302 12,858 General Services Administration (GSA) 2 70 375 Housing and Urban Development programs 2 183 596 Individual Income and Employment Taxes, Not Withheld 1,221 8,774 34,651 Interest recd from cash investments 0 0 0 Justice Department programs 6 985 2,010 Postal Service 259 7,918 23,495 Public Debt Cash Issues (Table III-B) 80,290 882,976 3,018,997 Other Deposits: Medicare Premiums 94 2,863 9,456 Total Other Deposits 94 12,249 42,840 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 95,944 1,198,458 3,888,785 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 95,944 $ 1,198,458 $ 3,888,785 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, December 26, 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 $ 11 $ 2,625 $ 13,647 Defense Vendor Payments (EFT) 782 32,198 91,940 Dept of Commerce (DOC) 25 577 3,208 Dept of Education (ED) 57 7,025 29,775 Dept of Energy (DOE) 170 2,813 9,991 Federal Employees Insurance Payments 730 6,381 21,006 Fed. Highway Administration programs 380 3,010 11,959 Federal Salaries (EFT) 85 11,528 45,023 Food and Nutrition Service (misc) 96 2,676 8,163 General Services Administration (GSA) 139 1,965 6,134 Health and Human Services Grants (misc) 196 8,519 27,763 Housing and Urban Development programs 27 5,414 16,972 Interest on Treasury Securities 5 11,773 66,760 IRS Tax Refunds Business (EFT) 0 1,239 4,857 IRS Tax Refunds Individual (EFT) 128 650 10,660 Justice Department programs 107 1,437 4,906 Labor Dept. prgms (excl. unemployment) 77 1,040 3,502 Medicaid 3,643 30,025 97,342 Medicare and Other CMS Payments 2,195 29,490 101,486 Medicare Advantage - Part C&D Payments 0 0 87,155 Marketplace Payments 0 6,369 17,602 NASA programs 138 2,028 5,164 Postal Service Money Orders and Other 146 3,365 10,403 Public Debt Cash Redemp. (Table III-B) 82,352 881,275 2,736,342 Social Security Benefits (EFT) 1/ -14 78,340 235,979 Supple. Nutrition Assist. Program (SNAP) 296 4,869 15,488 Temporary Assistance for Needy Families (HHS) 31 1,094 4,476 Transportation Security Admin. (DHS) 25 146 528 Unemployment Insurance Benefits 121 2,175 5,985 Veterans Affairs programs 343 4,110 16,437 Other Withdrawals: Emergency Prep & Response (DHS) 53 869 3,915 Interior 53 885 2,562 State Department 66 1,492 3,955 Thrift Savings Plan Transfer 55 3,093 9,134 Unclassified 700 20,381 70,158 Total, Other Withdrawals 927 42,262 205,955 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 93,220 1,186,418 3,916,609 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 93,220 $ 1,186,418 $ 3,916,609 Net Change in Operating Cash Balance $ 2,724 $ 12,041 $ -27,825 1/Reported as a negative amount due to a return/reversal of $14 million. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, December 26, 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 $ 79,442 $ 652,848 $ 2,316,035 Cash Management Series 0 0 15,000 Notes 0 183,995 537,450 Bonds 0 15,999 59,993 Inflation-Protected Securities Increment 219 2,821 3,950 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 48 150 Interest Increment 0 455 1,367 Government Account Series 380,039 6,927,890 22,737,997 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 47 14,088 38,877 Other 1,258 19,202 62,144 Total Issues $ 461,008 $ 7,817,345 $ 25,772,963 (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 $ 80,996 $ 740,115 $ 2,280,132 Notes 0 115,409 371,752 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 20 831 2,358 Government Account Series 371,318 6,924,947 22,668,701 Hope Bonds 0 0 0 Domestic Series 0 0 4,522 Foreign Series 0 0 0 State and Local Series 117 5,775 15,507 Other 1,219 19,144 62,069 Total Redemptions $ 453,669 $ 7,806,222 $ 25,405,043 Net Change in Public Debt Outstanding $ 7,339 $ 11,123 $ 367,920 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, December 26, 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) $ 461,008 $ 7,817,345 $ 25,772,963 Premium on New Issues 0 234 792 Discount on New Issues: Bills (-) 459 2,747 9,900 Bonds and Notes (-) 0 690 1,589 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 380,039 6,927,890 22,737,997 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 455 1,367 Inflation-Protected Securities Increment 219 2,821 3,906 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 80,290 $ 882,976 $ 3,018,997 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 453,669 $ 7,806,222 $ 25,405,043 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 (-) 371,318 6,924,947 22,668,701 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 82,352 $ 881,275 $ 2,736,342 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, December 26, 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 $ 17,114,922 $ 17,116,045 $ 17,105,421 $ 16,809,092 Intragovernmental Holdings 5,972,401 5,963,938 5,970,778 5,910,309 Total Public Debt Outstanding 23,087,322 23,079,983 23,076,199 22,719,402 Less: Debt Not Subject to Limit: Other Debt 479 479 479 479 Unamortized Discount 35,709 35,502 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 $ 23,042,325 $ 23,035,193 $ 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 Thursday, December 26, 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 $ 11,692 $ 201,283 $ 599,416 Individual Income Taxes 253 4,537 16,587 Railroad Retirement Taxes 1 358 1,228 Excise Taxes 691 4,514 17,542 Corporation Income Taxes 25 53,901 68,416 Federal Unemployment Taxes 2 28 695 Estate and Gift Taxes & Misc IRS Rcpts. 0 61 263 Total $ 12,665 $ 264,683 $ 704,148 Cash Federal Tax Deposits: Direct $ 108 $ 1,626 $ 6,153 Through Depositaries 12,223 255,689 672,320 Total Cash FTD's $ 12,331 $ 257,315 $ 678,473 Inter-agency Transfers 335 7,367 25,675 Total $ 12,666 $ 264,683 $ 704,148 ___________________________________________________________________________________________ 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 Thursday, December 26, 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 $ 2,270 $ 11,927 IRS Tax Refunds Business (EFT) 0 1,239 4,857 IRS Tax Refunds Individual (Checks) 5 2,750 13,634 IRS Tax Refunds Individual (EFT) 128 650 10,660 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.