1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, May 4, 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 $ 1,099,175 $ 1,100,958 $ 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 $ 1,099,175 $ 1,100,958 $ 1,180,035 $ 382,483 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, May 4, 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) $ 15 $ 82 $ 4,779 Air Transport Security Fees 0 1 2,339 Cash FTD's Received (Table IV) 16,950 36,567 1,736,262 Commodity Credit Corporation programs 28 169 6,409 Customs and Certain Excise Taxes 217 311 52,534 Deposits by States: Supplemental Security Income 0 1 2,073 Unemployment 3,101 6,717 21,875 Dept of Commerce (DOC) 18 29 2,288 Dept of Education (ED) 169 269 43,417 Dept of Energy (DOE) 15 25 4,519 Dept of Health & Human Serv (HHS) - Misc 17 24 783 HHS - Marketplace Receipts 0 0 5 HHS - Medicare Premiums 87 293 23,444 Dept of Veterans Affairs (VA) 28 61 4,719 Estate and Gift Taxes 11 11 9,523 Federal Reserve Earnings 0 0 41,014 Foreign Military Sales Program 226 2,616 27,606 General Services Administration (GSA) 5 19 834 Housing and Urban Development programs 1 7 1,732 Individual Income and Employment Taxes, Not Withheld 365 507 150,571 Interest recd from cash investments 0 0 0 Justice Department programs 226 235 13,015 Postal Service 463 772 55,329 Public Debt Cash Issues (Table III-B) 1,188 2,492 9,173,886 Other Deposits: Seized Assets 78 78 212 Total Other Deposits 78 1,288 124,856 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 23,210 52,495 11,503,811 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 23,210 $ 52,495 $ 11,503,811 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, May 4, 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 28 42 19,804 Coronavirus Relief Fund 0 0 139,558 Defense Vendor Payments (EFT) 1,699 2,041 220,214 Dept of Commerce (DOC) 50 64 6,071 Dept of Education (ED) 496 923 105,944 Dept of Energy (DOE) 91 282 23,866 Dept of Health & Human Serv (HHS) - Misc 73 81 4,075 HHS - Centers for Disease Control (CDC) 79 103 4,594 HHS - Federal Hospital Insr Trust Fund 498 12,101 263,013 HHS - Federal Supple Med Insr Trust Fund 518 15,299 264,793 HHS - Grants to States for Medicaid 1,320 4,374 255,705 HHS - Health Resources & Services Admin 46 113 45,877 HHS - Indian Health Service 6 10 4,995 HHS - Marketplace Payments 0 0 36,257 HHS - Medicare Prescription Drugs 0 7,722 57,941 HHS - National Institutes of Health 31 168 19,292 HHS - Other Public Health Services 20 33 4,313 HHS - Othr Admin for Children & Families 68 177 14,092 HHS - Othr Cent Medicare & Medicaid Serv 117 219 15,817 HHS - Payments to States 77 205 12,271 HHS - Temp Assistance for Needy Families 24 71 10,201 Dept of Veterans Affairs (VA) 225 554 37,627 VA - Benefits 1/-1 8,962 73,572 ESF - Economic Recovery Programs 0 0 10,000 Federal Employees Insurance Payments 167 373 50,950 Fed. Highway Administration programs 195 465 25,438 Federal Salaries (EFT) 1,899 6,042 117,898 Food and Nutrition Service (misc) 107 150 18,695 General Services Administration (GSA) 34 615 16,084 Housing and Urban Development programs 136 3,435 44,396 Interest on Treasury Securities 0 59 172,217 IRS Tax Refunds Business (EFT) 127 133 12,827 IRS Tax Refunds Individual (EFT) 2,822 3,042 401,521 Justice Department programs 135 142 13,017 Labor Dept. prgms (excl. unemployment) 19 67 8,731 NASA 162 162 11,445 Postal Service Money Orders and Other 247 382 24,787 Public Debt Cash Redemp. (Table III-B) 1,200 4,174 6,989,048 Social Security Benefits (EFT) 47 22,567 580,541 Supple. Nutrition Assist. Program (SNAP) 711 884 39,473 Transportation Security Admin. (DHS) 10 10 1,347 Unemployment Insurance Benefits 6,227 7,854 72,937 Other Withdrawals: Emergency Prep & Response (DHS) 91 177 9,089 Interior 55 133 7,334 International Monetary Fund 137 475 3,359 Small Business Administration 917 2,062 16,898 State Department 51 114 9,995 Supple. Security Income Benefits (EFT) 98 4,485 36,565 Thrift Savings Plan Transfer 612 742 42,702 Unclassified 3,322 5,292 165,347 Total, Other Withdrawals 5,282 29,261 523,511 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 24,993 133,355 10,787,120 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 24,993 $ 133,355 $ 10,787,120 Net Change in Operating Cash Balance $ -1,783 $ -80,860 $ 716,691 1/Reported as a negative amount due to a return/reversal of $4 million. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, May 4, 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 1,623,528 Bonds 0 0 145,026 Inflation-Protected Securities Increment -314 -179 12,177 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 6 512 Interest Increment 1 371 3,560 Government Account Series 438,105 869,083 60,176,735 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 55 221 78,500 Other 1,131 2,265 161,884 Total Issues $ 438,980 $ 871,767 $ 69,379,704 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 26 70 6,018 Government Account Series 410,123 892,782 60,161,074 Hope Bonds 0 0 0 Domestic Series 0 0 4,522 Foreign Series 0 0 0 State and Local Series 39 1,855 46,685 Other 1,135 2,248 161,394 Total Redemptions $ 411,323 $ 896,956 $ 67,150,122 Net Change in Public Debt Outstanding $ 27,658 $ -25,188 $ 2,229,582 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, May 4, 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) $ 438,980 $ 871,767 $ 69,379,704 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 (-) 438,105 869,083 60,176,735 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 371 3,560 Inflation-Protected Securities Increment -314 -179 12,032 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,188 $ 2,492 $ 9,173,886 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 411,323 $ 896,956 $ 67,150,122 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 (-) 410,123 892,782 60,161,074 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,200 $ 4,174 $ 6,989,048 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, May 4, 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 $ 19,053,016 $ 19,053,597 $ 19,053,619 $ 16,809,092 Intragovernmental Holdings 5,895,968 5,867,729 5,920,553 5,910,309 Total Public Debt Outstanding 24,948,984 24,921,326 24,974,172 22,719,402 Less: Debt Not Subject to Limit: Other Debt 479 479 479 479 Unamortized Discount 20,443 20,666 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 $ 24,919,253 $ 24,891,373 $ 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 Monday, May 4, 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 $ 18,022 $ 40,573 $ 1,575,910 Individual Income Taxes 251 543 68,388 Railroad Retirement Taxes 35 57 3,416 Excise Taxes 14 31 42,912 Corporation Income Taxes 17 99 107,174 Federal Unemployment Taxes 7 80 5,605 Estate and Gift Taxes & Misc IRS Rcpts. 3 6 769 Total $ 18,348 $ 41,391 $ 1,804,174 Cash Federal Tax Deposits: Direct $ 24 $ 54 $ 14,768 Through Depositaries 16,926 36,513 1,721,495 Total Cash FTD's $ 16,950 $ 36,567 $ 1,736,262 Inter-agency Transfers 1,398 4,823 67,911 Total $ 18,348 $ 41,391 $ 1,804,174 ___________________________________________________________________________________________ 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, May 4, 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) $ 2 $ 264 $ 26,213 IRS Tax Refunds Business (EFT) 127 133 12,827 IRS Tax Refunds Individual (Checks) 888 14,242 67,024 IRS Tax Refunds Individual (EFT) 2,822 3,042 401,521 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.