1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, May 5, 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 $ 1,167,077 $ 1,099,175 $ 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 $ 1,167,077 $ 1,099,175 $ 1,180,035 $ 382,483 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, May 5, 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) $ 16 $ 98 $ 4,795 Air Transport Security Fees 1 1 2,340 Cash FTD's Received (Table IV) 2,666 39,233 1,738,928 Commodity Credit Corporation programs 22 192 6,431 Customs and Certain Excise Taxes 120 431 52,653 Deposits by States: Supplemental Security Income 0 1 2,073 Unemployment 3,126 9,843 25,001 Dept of Commerce (DOC) 12 41 2,299 Dept of Education (ED) 196 465 43,613 Dept of Energy (DOE) 4 29 4,523 Dept of Health & Human Serv (HHS) - Misc 478 501 1,261 HHS - Marketplace Receipts 0 0 5 HHS - Medicare Premiums 29 322 23,473 Dept of Veterans Affairs (VA) 34 95 4,753 Estate and Gift Taxes 11 21 9,534 Federal Reserve Earnings 0 0 41,014 Foreign Military Sales Program 60 2,676 27,667 General Services Administration (GSA) 2 22 836 Housing and Urban Development programs 2 9 1,734 Individual Income and Employment Taxes, Not Withheld 432 939 151,003 Interest recd from cash investments 0 0 0 Justice Department programs 28 263 13,043 Postal Service 472 1,244 55,801 Public Debt Cash Issues (Table III-B) 228,883 231,375 9,402,769 Other Deposits: Federal Housing Admin: Note Sales 199 291 11,915 National Credit Union Administration 166 194 2,078 Thrift Savings Plan Transfer 757 1,883 60,300 Total Other Deposits 1,121 2,409 125,977 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 237,713 290,208 11,741,524 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 237,713 $ 290,208 $ 11,741,524 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, May 5, 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 21 63 19,825 Coronavirus Relief Fund 0 0 139,558 Defense Vendor Payments (EFT) 1,247 3,288 221,462 Dept of Commerce (DOC) 13 76 6,084 Dept of Education (ED) 479 1,402 106,423 Dept of Energy (DOE) 109 391 23,975 Dept of Health & Human Serv (HHS) - Misc 50 131 4,124 HHS - Centers for Disease Control (CDC) 20 122 4,613 HHS - Federal Hospital Insr Trust Fund 617 12,718 263,630 HHS - Federal Supple Med Insr Trust Fund 559 15,858 265,352 HHS - Grants to States for Medicaid 3,962 8,336 259,667 HHS - Health Resources & Services Admin 10,004 10,116 55,880 HHS - Indian Health Service 41 51 5,036 HHS - Marketplace Payments 0 0 36,257 HHS - Medicare Prescription Drugs 0 7,722 57,941 HHS - National Institutes of Health 173 341 19,466 HHS - Other Public Health Services 49 82 4,362 HHS - Othr Admin for Children & Families 75 252 14,167 HHS - Othr Cent Medicare & Medicaid Serv 305 524 16,122 HHS - Payments to States 1,165 1,370 13,437 HHS - Temp Assistance for Needy Families 67 138 10,268 Dept of Veterans Affairs (VA) 218 772 37,845 VA - Benefits 1 8,963 73,573 ESF - Economic Recovery Programs 0 0 10,000 Federal Employees Insurance Payments 213 586 51,163 Fed. Highway Administration programs 126 591 25,564 Federal Salaries (EFT) 361 6,402 118,259 Food and Nutrition Service (misc) 57 207 18,752 General Services Administration (GSA) 53 668 16,137 Housing and Urban Development programs 153 3,587 44,549 Interest on Treasury Securities 0 59 172,217 IRS Tax Refunds Business (EFT) 37 170 12,863 IRS Tax Refunds Individual (EFT) 490 3,532 402,011 Justice Department programs 136 277 13,153 Labor Dept. prgms (excl. unemployment) 33 100 8,764 NASA 82 244 11,527 Postal Service Money Orders and Other 184 565 24,971 Public Debt Cash Redemp. (Table III-B) 133,588 137,761 7,122,636 Social Security Benefits (EFT) 37 22,605 580,579 Supple. Nutrition Assist. Program (SNAP) 267 1,151 39,740 Transportation Security Admin. (DHS) 1 11 1,349 Unemployment Insurance Benefits 8,177 16,031 81,114 Other Withdrawals: Agency for Internat'l Development 101 152 10,530 Agriculture 177 256 10,041 Federal Aviation Administration 67 91 5,102 Interior 61 193 7,395 International Monetary Fund 765 1,240 4,124 Small Business Administration 1,268 3,331 18,166 State Department 51 165 10,046 Thrift Savings Plan Transfer 775 1,517 43,477 Unclassified 3,376 8,668 168,723 Total, Other Withdrawals 6,641 35,902 530,153 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 169,811 303,166 10,956,930 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 169,811 $ 303,166 $ 10,956,930 Net Change in Operating Cash Balance $ 67,903 $ -12,957 $ 784,594 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, May 5, 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 $ 166,742 $ 166,742 $ 6,169,516 Cash Management Series 60,000 60,000 1,235,008 Notes 0 0 1,623,528 Bonds 0 0 145,026 Inflation-Protected Securities Increment -106 -285 12,071 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 8 513 Interest Increment 1 373 3,562 Government Account Series 405,678 1,274,761 60,582,413 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 405 626 78,904 Other 1,780 4,045 163,664 Total Issues $ 634,502 $ 1,506,270 $ 70,014,206 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 $ 131,747 $ 131,747 $ 5,684,714 Notes 0 0 1,207,984 Bonds 0 0 9,477 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 24 94 6,042 Government Account Series 391,974 1,284,756 60,553,049 Hope Bonds 0 0 0 Domestic Series 0 0 4,522 Foreign Series 0 0 0 State and Local Series 7 1,862 46,692 Other 1,810 4,058 163,204 Total Redemptions $ 525,562 $ 1,422,518 $ 67,675,684 Net Change in Public Debt Outstanding $ 108,940 $ 83,752 $ 2,338,522 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, May 5, 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) $ 634,502 $ 1,506,270 $ 70,014,206 Premium on New Issues 0 0 10,254 Discount on New Issues: Bills (-) 46 46 18,602 Bonds and Notes (-) 0 0 5,188 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 405,678 1,274,761 60,582,413 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 373 3,562 Inflation-Protected Securities Increment -106 -285 11,927 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 228,883 $ 231,375 $ 9,402,769 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 525,562 $ 1,422,518 $ 67,675,684 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 (-) 391,974 1,284,756 60,553,049 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 133,588 $ 137,761 $ 7,122,636 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, May 5, 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 $ 19,148,573 $ 19,053,016 $ 19,053,619 $ 16,809,092 Intragovernmental Holdings 5,909,351 5,895,968 5,920,553 5,910,309 Total Public Debt Outstanding 25,057,924 24,948,984 24,974,172 22,719,402 Less: Debt Not Subject to Limit: Other Debt 479 479 479 479 Unamortized Discount 20,415 20,443 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 $ 25,028,222 $ 24,919,253 $ 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 Tuesday, May 5, 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 $ 2,468 $ 43,041 $ 1,578,378 Individual Income Taxes 236 778 68,623 Railroad Retirement Taxes 2 60 3,418 Excise Taxes 9 40 42,921 Corporation Income Taxes 11 110 107,184 Federal Unemployment Taxes 4 84 5,609 Estate and Gift Taxes & Misc IRS Rcpts. 3 10 772 Total $ 2,733 $ 44,123 $ 1,806,906 Cash Federal Tax Deposits: Direct $ 29 $ 83 $ 14,797 Through Depositaries 2,637 39,150 1,724,131 Total Cash FTD's $ 2,666 $ 39,233 $ 1,738,928 Inter-agency Transfers 67 4,890 67,978 Total $ 2,733 $ 44,123 $ 1,806,906 ___________________________________________________________________________________________ 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, May 5, 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) $ 112 $ 376 $ 26,325 IRS Tax Refunds Business (EFT) 37 170 12,863 IRS Tax Refunds Individual (Checks) 59 14,301 67,083 IRS Tax Refunds Individual (EFT) 490 3,532 402,011 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.