1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, May 13, 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 $ 1,138,172 $ 1,172,993 $ 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 $ 1,138,172 $ 1,172,993 $ 1,180,035 $ 382,483 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, May 13, 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) $ 20 $ 195 $ 4,892 Cash FTD's Received (Table IV) 7,533 79,503 1,779,198 Commodity Credit Corporation programs 35 383 6,622 Deposits by States: Supplemental Security Income 0 3 2,075 Unemployment 68 11,224 26,382 Dept of Commerce (DOC) 19 124 2,382 Dept of Education (ED) 108 1,231 44,379 Dept of Energy (DOE) 6 82 4,576 Dept of Health & Human Serv (HHS) - Misc 15 1,218 1,978 HHS - Marketplace Receipts 0 0 5 HHS - Medicare Premiums 34 728 23,879 Dept of Homeland Security (DHS) - misc 14 130 2,901 DHS - Customs and Certain Excise Taxes 86 844 53,067 DHS - Fed Emergency Mgmt Agency (FEMA) 18 132 1,631 DHS - Transportation Security Admn (TSA) 0 4 2,342 Dept of Veterans Affairs (VA) 36 279 4,937 Environmental Protection Agency (EPA) 0 10 234 Estate and Gift Taxes 0 72 9,584 Federal Reserve Earnings 2,029 3,962 44,976 Foreign Military Sales Program 5 2,934 27,925 General Services Administration (GSA) 3 42 856 Housing and Urban Development programs 1 61 1,786 Individual Income and Employment Taxes, Not Withheld 802 3,838 153,902 Interest recd from cash investments 0 0 0 Justice Department programs 8 334 13,114 National Science Foundation (NSF) 0 1 43 Postal Service 300 3,461 58,019 Public Debt Cash Issues (Table III-B) 1,631 678,943 9,850,336 Small Business Administration (SBA) 10 94 1,913 Other Deposits: FCC - Universal Service Fund 81 421 5,496 Federal Employees Insurance Receipt 51 130 1,869 Interior 57 133 2,486 Thrift Savings Plan Transfer 752 6,208 64,625 Total Other Deposits 941 8,306 131,875 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 13,721 798,138 12,255,809 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 13,721 $ 798,138 $ 12,255,809 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, May 13, 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 0 158 12,521 Commodity Credit Corporation programs 5 153 19,915 Coronavirus Relief Fund 58 4,670 144,228 Defense Vendor Payments (EFT) 1,169 11,880 230,053 Dept of Commerce (DOC) 16 355 6,362 Dept of Education (ED) 896 5,589 110,610 Dept of Energy (DOE) 195 1,174 24,757 Dept of Health & Human Serv (HHS) - Misc 34 295 4,288 HHS - Centers for Disease Control (CDC) 31 304 4,796 HHS - Federal Hospital Insr Trust Fund 757 15,792 266,704 HHS - Federal Supple Med Insr Trust Fund 632 18,934 268,428 HHS - Grants to States for Medicaid 1,165 22,064 273,396 HHS - Health Resources & Services Admin 38 22,375 68,139 HHS - Indian Health Service 9 158 5,143 HHS - Marketplace Payments 0 0 36,257 HHS - Medicare Prescription Drugs 0 7,736 57,956 HHS - National Institutes of Health 106 1,189 20,314 HHS - Other Public Health Services 27 261 4,541 HHS - Othr Admin for Children & Families 58 717 14,632 HHS - Othr Cent Medicare & Medicaid Serv 50 1,361 16,959 HHS - Payments to States 89 2,857 14,924 HHS - Temp Assistance for Needy Families 101 375 10,506 Dept of Homeland Security (DHS) - misc 54 423 8,151 DHS - Customs & Border Protection (CBP) 10 174 3,599 DHS - Fed Emergency Mgmt Agency (FEMA) 35 723 9,634 DHS - Transportation Security Admn (TSA) 19 90 1,428 Dept of Veterans Affairs (VA) 219 1,971 39,044 VA - Benefits 44 9,370 73,980 Environmental Protection Agency (EPA) 24 173 4,144 ESF - Economic Recovery Programs 0 37,500 47,500 Federal Employees Insurance Payments 235 2,643 53,220 Fed. Highway Administration programs 148 1,707 26,680 Federal Salaries (EFT) 47 7,496 119,353 Food and Nutrition Service (misc) 132 911 19,457 General Services Administration (GSA) 62 1,062 16,531 Housing and Urban Development programs 97 4,676 45,637 Interest on Treasury Securities 0 59 172,217 IRS Tax Refunds Business (EFT) 0 173 12,867 IRS Tax Refunds Individual (EFT) 9,669 24,053 422,532 Justice Department programs 80 741 13,616 Labor Dept. prgms (excl. unemployment) 56 342 9,005 NASA 94 652 11,936 National Science Foundation (NSF) 36 208 4,092 Postal Service Money Orders and Other 146 1,567 25,973 Public Debt Cash Redemp. (Table III-B) 1,259 475,000 7,459,874 Small Business Administration (SBA) 525 8,221 23,057 Social Security Benefits (EFT) 19,603 42,534 600,509 Supple. Nutrition Assist. Program (SNAP) 337 3,752 42,342 Unemployment Insurance Benefits 6,240 43,063 108,146 Other Withdrawals: Federal Transit Admin. 231 644 8,141 International Monetary Fund 728 2,006 4,890 State Department 78 530 10,410 Thrift Savings Plan Transfer 66 2,572 44,532 Unclassified 2,832 19,936 143,590 Total, Other Withdrawals 3,934 52,317 510,168 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 48,543 840,001 11,500,120 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 48,543 $ 840,001 $ 11,500,120 Net Change in Operating Cash Balance $ -34,821 $ -41,863 $ 755,689 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, May 13, 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 $ -1 $ 444,467 $ 6,447,242 Cash Management Series 0 220,001 1,395,009 Notes 0 0 1,623,528 Bonds 0 0 145,026 Inflation-Protected Securities Increment -106 -1,123 11,233 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 17 522 Interest Increment 2 380 3,568 Government Account Series 395,486 3,689,078 62,996,731 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 520 2,742 81,021 Other 1,110 11,890 171,509 Total Issues $ 397,013 $ 4,367,452 $ 72,875,389 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 $ 460,799 $ 6,013,766 Notes 0 0 1,207,984 Bonds 0 0 9,478 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 21 219 6,167 Government Account Series 411,429 3,677,866 62,946,158 Hope Bonds 0 0 0 Domestic Series 0 0 4,522 Foreign Series 0 0 0 State and Local Series 126 2,089 46,918 Other 1,112 11,893 171,039 Total Redemptions $ 412,688 $ 4,152,866 $ 70,406,032 Net Change in Public Debt Outstanding $ -15,675 $ 214,586 $ 2,469,356 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, May 13, 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) $ 397,013 $ 4,367,452 $ 72,875,389 Premium on New Issues 0 0 10,254 Discount on New Issues: Bills (-) 0 174 18,731 Bonds and Notes (-) 0 0 5,188 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 395,486 3,689,078 62,996,731 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 380 3,568 Inflation-Protected Securities Increment -106 -1,123 11,089 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,631 $ 678,943 $ 9,850,336 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 412,688 $ 4,152,866 $ 70,406,032 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 (-) 411,429 3,677,866 62,946,158 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,259 $ 475,000 $ 7,459,874 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, May 13, 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 $ 19,261,307 $ 19,260,331 $ 19,053,619 $ 16,809,092 Intragovernmental Holdings 5,927,450 5,944,102 5,920,553 5,910,309 Total Public Debt Outstanding 25,188,758 25,204,433 24,974,172 22,719,402 Less: Debt Not Subject to Limit: Other Debt 479 479 479 479 Unamortized Discount 19,973 20,043 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 $ 25,159,498 $ 25,175,103 $ 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 Wednesday, May 13, 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 $ 7,225 $ 82,942 $ 1,618,279 Individual Income Taxes 147 1,817 69,662 Railroad Retirement Taxes 6 170 3,529 Excise Taxes 130 365 43,246 Corporation Income Taxes 22 303 107,377 Federal Unemployment Taxes 3 101 5,626 Estate and Gift Taxes & Misc IRS Rcpts. 8 31 794 Total $ 7,540 $ 85,730 $ 1,848,513 Cash Federal Tax Deposits: Direct $ 40 $ 347 $ 15,061 Through Depositaries 7,492 79,157 1,764,138 Total Cash FTD's $ 7,533 $ 79,503 $ 1,779,198 Inter-agency Transfers 7 6,227 69,315 Total $ 7,540 $ 85,730 $ 1,848,513 ___________________________________________________________________________________________ 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 Wednesday, May 13, 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) $ 57 $ 1,052 $ 27,000 IRS Tax Refunds Business (EFT) 0 173 12,867 IRS Tax Refunds Individual (Checks) 61 21,090 73,872 IRS Tax Refunds Individual (EFT) 9,669 24,053 422,532 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.