1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, May 1, 2020 (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 $ 1,100,958 $ 1,180,035 $ 1,180,035 $ 382,483 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 1,100,958 $ 1,180,035 $ 1,180,035 $ 382,483 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, May 1, 2020 (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) $ 67 $ 67 $ 4,764 Air Transport Security Fees 1 1 2,339 Cash FTD's Received (Table IV) 19,617 19,617 1,719,312 Commodity Credit Corporation programs 141 141 6,381 Customs and Certain Excise Taxes 94 94 52,317 Deposits by States: Supplemental Security Income 0 0 2,072 Unemployment 3,616 3,616 18,774 Dept of Commerce (DOC) 11 11 2,269 Dept of Education (ED) 100 100 43,248 Dept of Energy (DOE) 10 10 4,504 Dept of Health & Human Serv (HHS) - Misc 7 7 766 HHS - Marketplace Receipts 0 0 5 HHS - Medicare Premiums 206 206 23,357 Dept of Veterans Affairs (VA) 33 33 4,691 Estate and Gift Taxes 0 0 9,512 Federal Reserve Earnings 0 0 41,014 Foreign Military Sales Program 2,389 2,389 27,380 General Services Administration (GSA) 14 14 829 Housing and Urban Development programs 6 6 1,731 Individual Income and Employment Taxes, Not Withheld 142 142 150,206 Interest recd from cash investments 0 0 0 Justice Department programs 9 9 12,789 Postal Service 309 309 54,866 Public Debt Cash Issues (Table III-B) 1,304 1,304 9,172,697 Other Deposits: Federal Housing Admin: Note Sales 52 52 11,676 Natl Railroad Retirement Inv Trust 69 69 1,327 Thrift Savings Plan Transfer 1,088 1,088 59,506 Total Other Deposits 1,209 1,209 124,778 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 29,286 29,286 11,480,602 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 29,286 $ 29,286 $ 11,480,602 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, May 1, 2020 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ This Fiscal Withdrawals Today month year to date to date ___________________________________________________________________________________________ Federal Reserve Account: Air Carrier Worker Support 0 0 12,363 Commodity Credit Corporation programs 13 13 19,775 Coronavirus Relief Fund 0 0 139,558 Defense Vendor Payments (EFT) 342 342 218,515 Dept of Commerce (DOC) 13 13 6,021 Dept of Education (ED) 427 427 105,448 Dept of Energy (DOE) 191 191 23,775 Dept of Health & Human Serv (HHS) - Misc 8 8 4,001 HHS - Centers for Disease Control (CDC) 23 23 4,515 HHS - Federal Hospital Insr Trust Fund 11,603 11,603 262,515 HHS - Federal Supple Med Insr Trust Fund 14,781 14,781 264,275 HHS - Grants to States for Medicaid 3,054 3,054 254,385 HHS - Health Resources & Services Admin 67 67 45,831 HHS - Indian Health Service 4 4 4,989 HHS - Marketplace Payments 0 0 36,257 HHS - Medicare Prescription Drugs 7,722 7,722 57,941 HHS - National Institutes of Health 137 137 19,261 HHS - Other Public Health Services 13 13 4,293 HHS - Othr Admin for Children & Families 109 109 14,024 HHS - Othr Cent Medicare & Medicaid Serv 102 102 15,701 HHS - Payments to States 128 128 12,194 HHS - Temp Assistance for Needy Families 47 47 10,178 Dept of Veterans Affairs (VA) 329 329 37,402 VA - Benefits 8,963 8,963 73,573 ESF - Economic Recovery Programs 0 0 10,000 Federal Employees Insurance Payments 206 206 50,783 Fed. Highway Administration programs 270 270 25,242 Federal Salaries (EFT) 4,142 4,142 115,999 Food and Nutrition Service (misc) 42 42 18,588 General Services Administration (GSA) 581 581 16,050 Housing and Urban Development programs 3,298 3,298 44,260 Interest on Treasury Securities 59 59 172,217 IRS Tax Refunds Business (EFT) 6 6 12,700 IRS Tax Refunds Individual (EFT) 220 220 398,699 Justice Department programs 7 7 12,882 Labor Dept. prgms (excl. unemployment) 49 49 8,712 NASA 0 0 11,283 Postal Service Money Orders and Other 135 135 24,541 Public Debt Cash Redemp. (Table III-B) 2,974 2,974 6,987,848 Social Security Benefits (EFT) 22,520 22,520 580,495 Supple. Nutrition Assist. Program (SNAP) 172 172 38,762 Transportation Security Admin. (DHS) 0 0 1,338 Unemployment Insurance Benefits 1,627 1,627 66,710 Other Withdrawals: Civil Service Retirement (EFT) 5,973 5,973 47,806 Emergency Prep & Response (DHS) 86 86 8,998 Interior 78 78 7,279 International Monetary Fund 338 338 3,222 Military Active Duty Pay (EFT) 3,981 3,981 54,069 Military Retirement (EFT) 4,688 4,688 37,583 Railroad Retirement (EFT) 1,137 1,137 9,204 Small Business Administration 1,146 1,146 15,982 State Department 64 64 9,944 Supple. Security Income Benefits (EFT) 4,387 4,387 36,467 Thrift Savings Plan Transfer 130 130 42,090 Unclassified 1,970 1,970 162,025 Total, Other Withdrawals 23,979 23,979 518,230 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 108,363 108,363 10,762,127 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 108,363 $ 108,363 $ 10,762,127 Net Change in Operating Cash Balance $ -79,077 $ -79,077 $ 718,475 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, May 1, 2020 (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 $ 0 $ 6,002,774 Cash Management Series 0 0 1,175,008 Notes 0 0 1,623,529 Bonds 0 0 145,026 Inflation-Protected Securities Increment 135 135 12,491 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 4 4 509 Interest Increment 370 370 3,559 Government Account Series 430,977 430,977 59,738,630 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 167 167 78,445 Other 1,134 1,134 160,753 Total Issues $ 432,787 $ 432,787 $ 68,940,724 Stated at face value except for savings and retirement plan securities which are stated at current redemption value. ___________________________________________________________________________________________ This Fiscal Redemptions Today month year to date to date ___________________________________________________________________________________________ Marketable: Bills $ 0 $ 0 $ 5,552,967 Notes 0 0 1,207,984 Bonds 0 0 9,477 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 44 44 5,992 Government Account Series 482,659 482,659 59,750,952 Hope Bonds 0 0 0 Domestic Series 0 0 4,522 Foreign Series 0 0 0 State and Local Series 1,816 1,816 46,646 Other 1,113 1,113 160,259 Total Redemptions $ 485,633 $ 485,633 $ 66,738,799 Net Change in Public Debt Outstanding $ -52,846 $ -52,846 $ 2,201,924 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, May 1, 2020 (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) $ 432,787 $ 432,787 $ 68,940,724 Premium on New Issues 0 0 10,254 Discount on New Issues: Bills (-) 0 0 18,557 Bonds and Notes (-) 0 0 5,188 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 430,977 430,977 59,738,630 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 370 370 3,559 Inflation-Protected Securities Increment 135 135 12,347 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,304 $ 1,304 $ 9,172,697 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 485,633 $ 485,633 $ 66,738,799 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 (-) 482,659 482,659 59,750,952 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 2,974 $ 2,974 $ 6,987,848 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, May 1, 2020 (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 $ 19,053,597 $ 19,053,619 $ 19,053,619 $ 16,809,092 Intragovernmental Holdings 5,867,729 5,920,553 5,920,553 5,910,309 Total Public Debt Outstanding 24,921,326 24,974,172 24,974,172 22,719,402 Less: Debt Not Subject to Limit: Other Debt 479 479 479 479 Unamortized Discount 20,666 20,740 20,740 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 $ 24,891,373 $ 24,944,144 $ 24,944,144 $ 22,686,617 Statutory Debt Limit SUSP-1 SUSP-1 SUSP-1 SUSP-1 SUSP-1 - 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, May 1, 2020 (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 $ 22,552 $ 22,552 $ 1,557,889 Individual Income Taxes 292 292 68,137 Railroad Retirement Taxes 22 22 3,381 Excise Taxes 17 17 42,898 Corporation Income Taxes 82 82 107,156 Federal Unemployment Taxes 74 74 5,599 Estate and Gift Taxes & Misc IRS Rcpts. 3 3 766 Total $ 23,042 $ 23,042 $ 1,785,825 Cash Federal Tax Deposits: Direct $ 30 $ 30 $ 14,744 Through Depositaries 19,587 19,587 1,704,568 Total Cash FTD's $ 19,617 $ 19,617 $ 1,719,312 Inter-agency Transfers 3,425 3,425 66,513 Total $ 23,042 $ 23,042 $ 1,785,825 ___________________________________________________________________________________________ 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, May 1, 2020 (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) $ 262 $ 262 $ 26,211 IRS Tax Refunds Business (EFT) 6 6 12,700 IRS Tax Refunds Individual (Checks) 13,354 13,354 66,135 IRS Tax Refunds Individual (EFT) 220 220 398,699 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.