1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, July 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 $ 1,642,079 $ 1,660,660 $ 1,722,032 $ 382,483 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 1,642,079 $ 1,660,660 $ 1,722,032 $ 382,483 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, July 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) $ 17 $ 115 $ 6,474 Cash FTD's Received (Table IV) 4,437 57,095 2,135,214 Commodity Credit Corporation programs 35 365 8,258 Deposits by States: Supplemental Security Income 0 3 2,544 Unemployment 46 163 28,970 Dept of Commerce (DOC) 12 63 2,936 Dept of Education (ED) 144 555 49,127 Dept of Energy (DOE) 6 96 5,919 Dept of Health & Human Serv (HHS) - Misc 16 113 5,176 HHS - Marketplace Receipts 0 0 6 HHS - Medicare Premiums 10 390 30,645 Dept of Homeland Security (DHS) - misc 19 94 3,601 DHS - Customs and Certain Excise Taxes 14 391 63,901 DHS - Fed Emergency Mgmt Agency (FEMA) 12 63 2,235 DHS - Transportation Security Admn (TSA) 1 2 2,377 Dept of Veterans Affairs (VA) 27 143 6,253 Environmental Protection Agency (EPA) 2 5 271 Estate and Gift Taxes 21 61 10,470 Federal Reserve Earnings 0 1,423 56,568 Foreign Military Sales Program 2 2,483 34,130 General Services Administration (GSA) 2 13 988 Housing and Urban Development programs 15 29 2,175 Individual Income and Employment Taxes, Not Withheld 2,551 8,476 194,147 Interest recd from cash investments 0 0 0 Justice Department programs 9 200 14,022 National Science Foundation (NSF) 0 0 47 Postal Service 503 1,928 71,759 Public Debt Cash Issues (Table III-B) 154,299 348,633 14,194,449 Small Business Administration (SBA) 30 138 2,679 Other Deposits: FCC - Universal Service Fund 172 176 6,434 Federal Housing Admin: Note Sales 429 679 15,618 Total Other Deposits 601 1,813 149,181 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 162,830 424,853 17,084,520 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 162,830 $ 424,853 $ 17,084,520 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, July 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 47 364 23,131 Commodity Credit Corporation programs 23 115 20,791 Coronavirus Relief Fund 0 0 149,466 Defense Vendor Payments (EFT) 1,206 4,745 285,519 Dept of Commerce (DOC) 57 115 7,586 Dept of Education (ED) 432 1,677 132,985 Dept of Energy (DOE) 190 667 30,967 Dept of Health & Human Serv (HHS) - Misc 73 323 6,960 HHS - Centers for Disease Control (CDC) 21 96 6,009 HHS - Federal Hospital Insr Trust Fund 575 16,753 323,117 HHS - Federal Supple Med Insr Trust Fund 720 21,739 332,467 HHS - Grants to States for Medicaid 3,070 9,461 341,612 HHS - Health Resources & Services Admin 76 1,167 90,014 HHS - Indian Health Service 5 27 5,539 HHS - Marketplace Payments 0 0 46,523 HHS - Medicare Prescription Drugs 0 8,128 73,266 HHS - National Institutes of Health 152 443 25,011 HHS - Other Public Health Services 21 94 5,636 HHS - Othr Admin for Children & Families 90 467 17,776 HHS - Othr Cent Medicare & Medicaid Serv 109 789 21,476 HHS - Payments to States 94 351 19,999 HHS - Temp Assistance for Needy Families 40 213 12,089 Dept of Homeland Security (DHS) - misc 40 186 10,044 DHS - Customs & Border Protection (CBP) 9 30 4,455 DHS - Fed Emergency Mgmt Agency (FEMA) 70 182 12,861 DHS - Transportation Security Admn (TSA) 2 6 1,767 Dept of Veterans Affairs (VA) 185 903 46,684 VA - Benefits 160 8,817 93,064 Environmental Protection Agency (EPA) 16 80 5,070 ESF - Economic Recovery Programs 0 0 114,000 Federal Employees Insurance Payments 149 1,199 64,111 Fed. Highway Administration programs 204 680 34,038 Federal Salaries (EFT) 83 2,005 149,543 Food and Nutrition Service (misc) 69 361 23,085 General Services Administration (GSA) 117 909 20,534 Housing and Urban Development programs 105 3,520 56,345 Interest on Treasury Securities 0 172 235,481 IRS Tax Refunds Business (EFT) 0 958 20,388 IRS Tax Refunds Individual (EFT) 336 1,870 453,885 Justice Department programs 59 292 16,411 Labor Dept. prgms (excl. unemployment) 34 229 11,296 NASA 95 492 15,167 National Science Foundation (NSF) 36 95 5,048 Postal Service Money Orders and Other 165 834 32,188 Public Debt Cash Redemp. (Table III-B) 158,225 324,421 10,507,596 Small Business Administration (SBA) 5,807 13,477 160,498 Social Security Benefits (EFT) 48 22,408 742,539 Supple. Nutrition Assist. Program (SNAP) 392 2,352 60,101 Unemployment Insurance Benefits 6,450 23,784 298,231 Other Withdrawals: Agriculture 93 332 13,395 Federal Aviation Administration 70 226 7,549 Federal Transit Admin. 85 320 15,587 Thrift Savings Plan Transfer 109 747 53,051 Unclassified 1,200 4,651 207,119 Total, Other Withdrawals 1,556 26,812 652,555 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 181,412 504,806 15,824,925 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 181,412 $ 504,806 $ 15,824,925 Net Change in Operating Cash Balance $ -18,581 $ -79,953 $ 1,259,596 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, July 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 $ 96,438 $ 214,967 $ 8,605,592 Cash Management Series 55,001 125,002 2,780,029 Notes 0 -1 2,172,411 Bonds 0 0 239,355 Inflation-Protected Securities Increment 0 -306 -432 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 8 592 Interest Increment 2 358 4,290 Government Account Series 387,004 1,946,737 78,439,777 Hope Bonds 0 0 0 Domestic Series 0 2 95,636 Foreign Series 0 0 0 State and Local Series 1,241 2,616 96,253 Other 1,662 6,177 222,855 Total Issues $ 541,350 $ 2,295,560 $ 92,656,359 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 $ 156,437 $ 310,611 $ 8,653,595 Notes 0 0 1,537,078 Bonds 0 0 17,060 Federal Financing Bank 0 0 1,547 Nonmarketable: United States Savings Securities 33 197 7,248 Government Account Series 382,647 1,987,546 78,405,783 Hope Bonds 0 0 0 Domestic Series 0 0 4,522 Foreign Series 0 0 0 State and Local Series 85 7,409 65,612 Other 1,670 6,205 222,481 Total Redemptions $ 540,872 $ 2,311,967 $ 88,914,927 Net Change in Public Debt Outstanding $ 478 $ -16,407 $ 3,741,432 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, July 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) $ 541,350 $ 2,295,560 $ 92,656,359 Premium on New Issues 0 0 11,720 Discount on New Issues: Bills (-) 45 139 20,262 Bonds and Notes (-) 0 0 9,794 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 387,004 1,946,737 78,439,777 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 358 4,290 Inflation-Protected Securities Increment 0 -306 -492 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 154,299 $ 348,633 $ 14,194,449 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 540,872 $ 2,311,967 $ 88,914,927 Premium on Debt Buyback Operation 0 0 0 Discount on Debt Buyback Operation (-) 0 0 0 Federal Financing Bank (-) 0 0 1,547 Government Account Transactions (-) 382,647 1,987,546 78,405,783 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 158,225 $ 324,421 $ 10,507,596 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, July 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 $ 20,554,746 $ 20,558,806 $ 20,530,278 $ 16,809,092 Intragovernmental Holdings 5,906,088 5,901,550 5,946,963 5,910,309 Total Public Debt Outstanding 26,460,834 26,460,356 26,477,241 22,719,402 Less: Debt Not Subject to Limit: Other Debt 478 478 478 479 Unamortized Discount 18,796 18,806 19,037 23,497 Federal Financing Bank 7,262 7,262 7,262 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 $ 26,434,298 $ 26,433,810 $ 26,450,464 $ 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, July 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 $ 2,468 $ 52,388 $ 1,948,983 Individual Income Taxes 1,776 6,534 90,269 Railroad Retirement Taxes 2 60 4,148 Excise Taxes 45 165 49,398 Corporation Income Taxes 218 1,236 121,397 Federal Unemployment Taxes 3 13 5,705 Estate and Gift Taxes & Misc IRS Rcpts. 16 36 1,156 Total $ 4,529 $ 60,432 $ 2,221,056 Cash Federal Tax Deposits: Direct $ 21 $ 61 $ 15,786 Through Depositaries 4,416 57,034 2,119,429 Total Cash FTD's $ 4,437 $ 57,095 $ 2,135,214 Inter-agency Transfers 92 3,338 85,842 Total $ 4,529 $ 60,432 $ 2,221,056 ___________________________________________________________________________________________ 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, July 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) $ 733 $ 1,130 $ 31,963 IRS Tax Refunds Business (EFT) 0 958 20,388 IRS Tax Refunds Individual (Checks) 49 695 103,672 IRS Tax Refunds Individual (EFT) 336 1,870 453,885 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.