1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, May 7, 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 $ 1,198,455 $ 1,143,268 $ 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 $ 1,198,455 $ 1,143,268 $ 1,180,035 $ 382,483 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, May 7, 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) $ 13 $ 124 $ 4,821 Air Transport Security Fees 0 2 2,340 Cash FTD's Received (Table IV) 2,147 51,305 1,751,001 Commodity Credit Corporation programs 30 265 6,504 Customs and Certain Excise Taxes 72 474 52,697 Deposits by States: Supplemental Security Income 0 2 2,074 Unemployment 176 10,633 25,791 Dept of Commerce (DOC) 12 70 2,329 Dept of Education (ED) 98 675 43,823 Dept of Energy (DOE) 4 41 4,535 Dept of Health & Human Serv (HHS) - Misc 12 1,048 1,808 HHS - Marketplace Receipts 0 0 5 HHS - Medicare Premiums 31 395 23,546 Dept of Veterans Affairs (VA) 25 156 4,814 Estate and Gift Taxes 5 63 9,576 Federal Reserve Earnings 0 1,933 42,947 Foreign Military Sales Program 26 2,703 27,694 General Services Administration (GSA) 5 31 845 Housing and Urban Development programs 26 37 1,762 Individual Income and Employment Taxes, Not Withheld 232 1,974 152,038 Interest recd from cash investments 0 0 0 Justice Department programs 16 287 13,067 Postal Service 367 2,015 56,572 Public Debt Cash Issues (Table III-B) 218,391 451,028 9,622,422 Other Deposits: FCC - Universal Service Fund 159 176 5,252 Federal Housing Admin: Note Sales 219 766 12,390 Thrift Savings Plan Transfer 895 3,531 61,948 Total Other Deposits 1,272 4,953 128,522 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 222,961 530,216 11,981,532 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 222,961 $ 530,216 $ 11,981,532 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, May 7, 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 12 91 19,853 Coronavirus Relief Fund 959 4,333 143,891 Defense Vendor Payments (EFT) 1,398 5,517 223,690 Dept of Commerce (DOC) 68 186 6,194 Dept of Education (ED) 764 2,762 107,783 Dept of Energy (DOE) 169 653 24,236 Dept of Health & Human Serv (HHS) - Misc 27 249 4,242 HHS - Centers for Disease Control (CDC) 30 179 4,670 HHS - Federal Hospital Insr Trust Fund 426 13,679 264,591 HHS - Federal Supple Med Insr Trust Fund 441 16,805 266,300 HHS - Grants to States for Medicaid 4,487 13,625 264,956 HHS - Health Resources & Services Admin 34 22,092 67,856 HHS - Indian Health Service 22 88 5,073 HHS - Marketplace Payments 0 0 36,257 HHS - Medicare Prescription Drugs 0 7,722 57,941 HHS - National Institutes of Health 112 581 19,705 HHS - Other Public Health Services 32 129 4,408 HHS - Othr Admin for Children & Families 96 409 14,324 HHS - Othr Cent Medicare & Medicaid Serv 245 800 16,399 HHS - Payments to States 79 1,661 13,728 HHS - Temp Assistance for Needy Families 44 201 10,332 Dept of Veterans Affairs (VA) 187 1,217 38,290 VA - Benefits 77 9,183 73,793 ESF - Economic Recovery Programs 0 0 10,000 Federal Employees Insurance Payments 411 1,220 51,798 Fed. Highway Administration programs 519 1,225 26,197 Federal Salaries (EFT) 817 7,284 119,141 Food and Nutrition Service (misc) 120 520 19,066 General Services Administration (GSA) 85 835 16,305 Housing and Urban Development programs 485 4,215 45,176 Interest on Treasury Securities 0 59 172,217 IRS Tax Refunds Business (EFT) 0 170 12,863 IRS Tax Refunds Individual (EFT) 252 13,551 412,030 Justice Department programs 45 372 13,248 Labor Dept. prgms (excl. unemployment) 47 184 8,848 NASA 43 397 11,681 Postal Service Money Orders and Other 151 938 25,344 Public Debt Cash Redemp. (Table III-B) 149,191 288,128 7,273,003 Social Security Benefits (EFT) 72 22,754 580,728 Supple. Nutrition Assist. Program (SNAP) 336 1,805 40,394 Transportation Security Admin. (DHS) 6 26 1,364 Unemployment Insurance Benefits 1,981 21,933 87,015 Other Withdrawals: Agency for Internat'l Development 215 824 11,202 Agriculture Loan Payments (misc) 62 193 5,325 Emergency Prep & Response (DHS) 61 316 9,228 Small Business Administration 743 4,671 19,507 Unclassified 2,422 13,973 174,028 Total, Other Withdrawals 3,502 44,017 538,268 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 167,774 511,796 11,165,560 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 167,774 $ 511,796 $ 11,165,560 Net Change in Operating Cash Balance $ 55,187 $ 18,420 $ 815,972 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, May 7, 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 $ 121,335 $ 288,071 $ 6,290,846 Cash Management Series 95,000 155,000 1,330,008 Notes 0 0 1,623,528 Bonds 0 0 145,026 Inflation-Protected Securities Increment -105 -494 11,863 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 1 11 516 Interest Increment 1 375 3,564 Government Account Series 435,629 2,102,832 61,410,485 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 574 1,367 79,646 Other 1,557 6,701 166,319 Total Issues $ 653,993 $ 2,553,864 $ 71,061,800 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 $ 147,652 $ 279,399 $ 5,832,366 Notes 0 0 1,207,984 Bonds 0 0 9,477 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 20 136 6,084 Government Account Series 420,931 2,097,507 61,365,799 Hope Bonds 0 0 0 Domestic Series 0 0 4,522 Foreign Series 0 0 0 State and Local Series 0 1,915 46,745 Other 1,519 6,678 165,824 Total Redemptions $ 570,122 $ 2,385,635 $ 68,638,802 Net Change in Public Debt Outstanding $ 83,872 $ 168,229 $ 2,422,999 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, May 7, 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) $ 653,993 $ 2,553,864 $ 71,061,800 Premium on New Issues 0 0 10,254 Discount on New Issues: Bills (-) 76 122 18,679 Bonds and Notes (-) 0 0 5,188 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 435,629 2,102,832 61,410,485 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 375 3,564 Inflation-Protected Securities Increment -105 -494 11,718 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 218,391 $ 451,028 $ 9,622,422 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 570,122 $ 2,385,635 $ 68,638,802 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 (-) 420,931 2,097,507 61,365,799 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 149,191 $ 288,128 $ 7,273,003 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, May 7, 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 $ 19,218,562 $ 19,148,594 $ 19,053,619 $ 16,809,092 Intragovernmental Holdings 5,923,838 5,909,935 5,920,553 5,910,309 Total Public Debt Outstanding 25,142,400 25,058,529 24,974,172 22,719,402 Less: Debt Not Subject to Limit: Other Debt 479 479 479 479 Unamortized Discount 20,344 20,341 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 $ 25,112,769 $ 25,028,900 $ 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 Thursday, May 7, 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 $ 2,215 $ 55,011 $ 1,590,348 Individual Income Taxes 135 1,054 68,899 Railroad Retirement Taxes 2 69 3,428 Excise Taxes 9 66 42,947 Corporation Income Taxes 18 144 107,219 Federal Unemployment Taxes 2 91 5,616 Estate and Gift Taxes & Misc IRS Rcpts. 1 13 775 Total $ 2,383 $ 56,448 $ 1,819,231 Cash Federal Tax Deposits: Direct $ 46 $ 224 $ 14,938 Through Depositaries 2,101 51,081 1,736,063 Total Cash FTD's $ 2,147 $ 51,305 $ 1,751,001 Inter-agency Transfers 236 5,142 68,230 Total $ 2,383 $ 56,448 $ 1,819,231 ___________________________________________________________________________________________ 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, May 7, 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) $ 4 $ 381 $ 26,329 IRS Tax Refunds Business (EFT) 0 170 12,863 IRS Tax Refunds Individual (Checks) 79 14,454 67,235 IRS Tax Refunds Individual (EFT) 252 13,551 412,030 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.