1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, December 27, 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 $ 374,776 $ 354,659 $ 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 $ 374,776 $ 354,659 $ 342,618 $ 382,483 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, December 27, 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 $ 416 $ 1,522 Air Transport Security Fees 20 67 834 Cash FTD's Received (Table IV) 14,527 271,843 693,001 Commodity Credit Corporation programs 54 669 1,917 Customs and Certain Excise Taxes 64 7,306 24,580 Deposits by States: Supplemental Security Income 4 70 664 Unemployment 10 226 4,949 Dept of Commerce (DOC) 15 303 962 Dept of Education (ED) 339 5,846 18,402 Dept of Energy (DOE) 24 911 2,170 Estate and Gift Taxes 116 1,298 4,164 Federal Reserve Earnings 0 5,252 15,003 Foreign Military Sales Program 114 6,416 12,971 General Services Administration (GSA) 7 77 383 Housing and Urban Development programs 3 185 598 Individual Income and Employment Taxes, Not Withheld 617 9,391 35,268 Interest recd from cash investments 0 0 0 Justice Department programs 42 1,027 2,053 Postal Service 286 8,204 23,780 Public Debt Cash Issues (Table III-B) 19,027 902,003 3,038,025 Other Deposits: Federal Trade Commission 51 92 336 Gas and Oil Lease Sales Proceeds 61 540 1,918 Medicare Premiums 67 2,931 9,523 Thrift Savings Plan Transfer 74 3,498 12,251 Total Other Deposits 253 12,503 43,094 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 35,555 1,234,013 3,924,340 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 35,555 $ 1,234,013 $ 3,924,340 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, December 27, 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 $ 151 $ 2,776 $ 13,798 Defense Vendor Payments (EFT) 1,595 33,794 93,535 Dept of Commerce (DOC) 50 628 3,258 Dept of Education (ED) 693 7,718 30,468 Dept of Energy (DOE) 155 2,968 10,146 Federal Employees Insurance Payments 247 6,627 21,253 Fed. Highway Administration programs 230 3,240 12,189 Federal Salaries (EFT) 3,932 15,459 48,955 Food and Nutrition Service (misc) 73 2,750 8,236 General Services Administration (GSA) 130 2,096 6,265 Health and Human Services Grants (misc) 486 9,005 28,249 Housing and Urban Development programs 174 5,587 17,146 Interest on Treasury Securities -53 11,721 66,708 IRS Tax Refunds Business (EFT) 0 1,239 4,857 IRS Tax Refunds Individual (EFT) 1 652 10,662 Justice Department programs 86 1,523 4,992 Labor Dept. prgms (excl. unemployment) 47 1,087 3,550 Medicaid 1,715 31,740 99,058 Medicare and Other CMS Payments 2,500 31,990 103,986 Medicare Advantage - Part C&D Payments 0 0 87,155 Marketplace Payments 0 6,369 17,602 NASA programs 260 2,287 5,423 Postal Service Money Orders and Other 137 3,502 10,540 Public Debt Cash Redemp. (Table III-B) 851 882,126 2,737,193 Social Security Benefits (EFT) 1/ -8 78,332 235,971 Supple. Nutrition Assist. Program (SNAP) 58 4,928 15,546 Temporary Assistance for Needy Families (HHS) 73 1,168 4,550 Transportation Security Admin. (DHS) 4 150 533 Unemployment Insurance Benefits 57 2,231 6,042 Veterans Affairs programs 213 4,322 16,650 Other Withdrawals: Agriculture 93 1,482 4,382 Agriculture Loan Payments (misc) 51 659 2,131 Emergency Prep & Response (DHS) 63 932 3,979 Federal Crop Ins. Corp. 95 869 5,802 Federal Transit Admin. 106 1,011 3,008 TARP 76 77 253 Thrift Savings Plan Transfer 283 3,375 9,417 Unclassified 810 21,191 70,968 Total, Other Withdrawals 1,578 43,840 207,533 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 15,437 1,201,855 3,932,047 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 15,437 $ 1,201,855 $ 3,932,047 Net Change in Operating Cash Balance $ 20,118 $ 32,158 $ -7,707 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 27, 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 $ 652,847 $ 2,316,034 Cash Management Series 0 0 15,000 Notes 18,000 201,995 555,450 Bonds 0 15,999 59,993 Inflation-Protected Securities Increment 109 2,930 4,060 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 50 152 Interest Increment 0 455 1,367 Government Account Series 377,192 7,305,082 23,115,189 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 242 14,330 39,119 Other 771 19,972 62,915 Total Issues $ 396,316 $ 8,213,661 $ 26,169,279 (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 $ 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 44 875 2,402 Government Account Series 375,017 7,299,964 23,043,718 Hope Bonds 0 0 0 Domestic Series 0 0 4,522 Foreign Series 0 0 0 State and Local Series 33 5,808 15,541 Other 774 19,918 62,843 Total Redemptions $ 375,869 $ 8,182,090 $ 25,780,911 Net Change in Public Debt Outstanding $ 20,447 $ 31,570 $ 388,368 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, December 27, 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) $ 396,316 $ 8,213,661 $ 26,169,279 Premium on New Issues 13 247 805 Discount on New Issues: Bills (-) 0 2,747 9,900 Bonds and Notes (-) 0 690 1,589 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 377,192 7,305,082 23,115,189 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 455 1,367 Inflation-Protected Securities Increment 109 2,930 4,015 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 19,027 $ 902,003 $ 3,038,025 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 375,869 $ 8,182,090 $ 25,780,911 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 (-) 375,017 7,299,964 23,043,718 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 851 $ 882,126 $ 2,737,193 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, December 27, 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 $ 17,133,180 $ 17,114,922 $ 17,105,421 $ 16,809,092 Intragovernmental Holdings 5,974,590 5,972,401 5,970,778 5,910,309 Total Public Debt Outstanding 23,107,769 23,087,322 23,076,199 22,719,402 Less: Debt Not Subject to Limit: Other Debt 479 479 479 479 Unamortized Discount 35,584 35,709 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 $ 23,062,897 $ 23,042,325 $ 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 27, 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 $ 8,840 $ 210,123 $ 608,256 Individual Income Taxes 351 4,888 16,938 Railroad Retirement Taxes 10 368 1,238 Excise Taxes 2,196 6,710 19,739 Corporation Income Taxes 3,992 57,893 72,409 Federal Unemployment Taxes 3 31 698 Estate and Gift Taxes & Misc IRS Rcpts. 1 63 264 Total $ 15,394 $ 280,077 $ 719,542 Cash Federal Tax Deposits: Direct $ 639 $ 2,266 $ 6,792 Through Depositaries 13,888 269,577 686,208 Total Cash FTD's $ 14,527 $ 271,843 $ 693,001 Inter-agency Transfers 866 8,234 26,541 Total $ 15,394 $ 280,077 $ 719,542 ___________________________________________________________________________________________ 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 27, 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) 6 2,756 13,640 IRS Tax Refunds Individual (EFT) 1 652 10,662 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.