1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, July 9, 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 $ 1,642,285 $ 1,624,404 $ 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 $ 1,642,285 $ 1,624,404 $ 1,722,032 $ 382,483 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, July 9, 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) $ 11 $ 147 $ 6,505 Cash FTD's Received (Table IV) 6,713 75,001 2,153,121 Commodity Credit Corporation programs 67 475 8,368 Deposits by States: Supplemental Security Income 0 4 2,545 Unemployment 297 503 29,310 Dept of Commerce (DOC) 11 90 2,963 Dept of Education (ED) 96 772 49,344 Dept of Energy (DOE) 12 115 5,938 Dept of Health & Human Serv (HHS) - Misc 20 140 5,203 HHS - Marketplace Receipts 0 0 6 HHS - Medicare Premiums 27 451 30,706 Dept of Homeland Security (DHS) - misc 21 136 3,643 DHS - Customs and Certain Excise Taxes 87 578 64,087 DHS - Fed Emergency Mgmt Agency (FEMA) 15 93 2,264 DHS - Transportation Security Admn (TSA) 0 3 2,378 Dept of Veterans Affairs (VA) 24 200 6,310 Environmental Protection Agency (EPA) 2 8 274 Estate and Gift Taxes 36 102 10,511 Federal Reserve Earnings 0 2,119 57,265 Foreign Military Sales Program 31 2,517 34,164 General Services Administration (GSA) 2 17 991 Housing and Urban Development programs 1 47 2,193 Individual Income and Employment Taxes, Not Withheld 1,425 14,887 200,559 Interest recd from cash investments 0 0 0 Justice Department programs 706 997 14,820 National Science Foundation (NSF) 0 0 47 Postal Service 343 2,617 72,448 Public Debt Cash Issues (Table III-B) 188,907 539,161 14,384,978 Small Business Administration (SBA) 26 182 2,723 Other Deposits: Federal Housing Admin: Note Sales 106 854 15,793 International Monetary Fund 79 79 2,445 Securities and Exchange Commission 114 156 2,864 Total Other Deposits 299 3,887 151,255 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 199,178 645,251 17,304,919 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 199,178 $ 645,251 $ 17,304,919 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, July 9, 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 4 394 23,161 Commodity Credit Corporation programs 3 121 20,796 Coronavirus Relief Fund 0 0 149,466 Defense Vendor Payments (EFT) 1,139 6,537 287,310 Dept of Commerce (DOC) 53 206 7,677 Dept of Education (ED) 648 2,762 134,069 Dept of Energy (DOE) 183 987 31,287 Dept of Health & Human Serv (HHS) - Misc 90 483 7,121 HHS - Centers for Disease Control (CDC) 30 165 6,078 HHS - Federal Hospital Insr Trust Fund 744 18,256 324,620 HHS - Federal Supple Med Insr Trust Fund 664 23,118 333,845 HHS - Grants to States for Medicaid 3,214 15,265 347,416 HHS - Health Resources & Services Admin 43 1,243 90,091 HHS - Indian Health Service 34 67 5,580 HHS - Marketplace Payments 0 0 46,523 HHS - Medicare Prescription Drugs 0 8,128 73,266 HHS - National Institutes of Health 105 635 25,203 HHS - Other Public Health Services 19 134 5,675 HHS - Othr Admin for Children & Families 59 603 17,912 HHS - Othr Cent Medicare & Medicaid Serv 175 982 21,669 HHS - Payments to States 100 499 20,147 HHS - Temp Assistance for Needy Families 20 276 12,153 Dept of Homeland Security (DHS) - misc 39 280 10,139 DHS - Customs & Border Protection (CBP) 17 164 4,589 DHS - Fed Emergency Mgmt Agency (FEMA) 73 441 13,120 DHS - Transportation Security Admn (TSA) 14 25 1,786 Dept of Veterans Affairs (VA) 215 1,379 47,160 VA - Benefits 46 8,905 93,152 Environmental Protection Agency (EPA) 12 108 5,097 ESF - Economic Recovery Programs 0 0 114,000 Federal Employees Insurance Payments 814 2,250 65,163 Fed. Highway Administration programs 157 1,309 34,668 Federal Salaries (EFT) 99 2,151 149,690 Food and Nutrition Service (misc) 65 487 23,212 General Services Administration (GSA) 134 1,109 20,733 Housing and Urban Development programs 112 3,718 56,543 Interest on Treasury Securities 0 173 235,482 IRS Tax Refunds Business (EFT) 433 1,647 21,078 IRS Tax Refunds Individual (EFT) 1,857 4,045 456,060 Justice Department programs 55 393 16,513 Labor Dept. prgms (excl. unemployment) 79 349 11,417 NASA 90 680 15,354 National Science Foundation (NSF) 28 141 5,094 Postal Service Money Orders and Other 135 1,158 32,513 Public Debt Cash Redemp. (Table III-B) 162,060 487,617 10,670,792 Small Business Administration (SBA) 2,039 17,708 164,730 Social Security Benefits (EFT) 57 42,206 762,336 Supple. Nutrition Assist. Program (SNAP) 381 3,100 60,849 Unemployment Insurance Benefits 3,042 32,533 306,979 Other Withdrawals: Agriculture 76 466 13,528 Federal Aviation Administration 140 497 7,820 Federal Transit Admin. 297 680 15,947 State Department 93 285 12,945 Thrift Savings Plan Transfer 306 1,113 53,417 Treasury Dept: Claims Payments 52 88 1,917 Unclassified 952 6,496 208,963 Total, Other Withdrawals 1,917 30,061 655,803 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 181,298 724,998 16,045,117 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 181,298 $ 724,998 $ 16,045,117 Net Change in Operating Cash Balance $ 17,881 $ -79,747 $ 1,259,802 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, July 9, 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 $ 115,874 $ 330,836 $ 8,721,461 Cash Management Series 70,001 195,002 2,850,030 Notes 0 -1 2,172,411 Bonds 0 0 239,355 Inflation-Protected Securities Increment 0 -305 -430 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 13 596 Interest Increment 2 362 4,294 Government Account Series 404,316 2,745,289 79,238,329 Hope Bonds 0 0 0 Domestic Series 0 3 95,636 Foreign Series 0 0 0 State and Local Series 1,641 4,872 98,509 Other 1,481 8,668 225,346 Total Issues $ 593,318 $ 3,284,738 $ 93,645,537 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 $ 160,441 $ 471,051 $ 8,814,036 Notes 0 0 1,537,078 Bonds 0 0 17,060 Federal Financing Bank 0 0 1,547 Nonmarketable: United States Savings Securities 35 266 7,317 Government Account Series 390,196 2,786,553 79,204,790 Hope Bonds 0 0 0 Domestic Series 0 0 4,522 Foreign Series 0 0 0 State and Local Series 104 7,604 65,807 Other 1,479 8,696 224,972 Total Redemptions $ 552,255 $ 3,274,170 $ 89,877,130 Net Change in Public Debt Outstanding $ 41,062 $ 10,568 $ 3,768,407 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, July 9, 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) $ 593,318 $ 3,284,738 $ 93,645,537 Premium on New Issues 0 0 11,720 Discount on New Issues: Bills (-) 92 231 20,354 Bonds and Notes (-) 0 0 9,794 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 404,316 2,745,289 79,238,329 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 362 4,294 Inflation-Protected Securities Increment 0 -305 -491 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 188,907 $ 539,161 $ 14,384,978 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 552,255 $ 3,274,170 $ 89,877,130 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 (-) 390,196 2,786,553 79,204,790 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 162,060 $ 487,617 $ 10,670,792 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, July 9, 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 $ 20,583,806 $ 20,556,763 $ 20,530,278 $ 16,809,092 Intragovernmental Holdings 5,904,003 5,889,984 5,946,963 5,910,309 Total Public Debt Outstanding 26,487,809 26,446,746 26,477,241 22,719,402 Less: Debt Not Subject to Limit: Other Debt 478 478 478 479 Unamortized Discount 18,780 18,742 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 $ 26,461,288 $ 26,420,264 $ 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 Thursday, July 9, 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 $ 2,732 $ 63,972 $ 1,960,567 Individual Income Taxes 3,219 11,918 95,652 Railroad Retirement Taxes 1 62 4,151 Excise Taxes 77 300 49,533 Corporation Income Taxes 679 2,391 122,552 Federal Unemployment Taxes 3 20 5,712 Estate and Gift Taxes & Misc IRS Rcpts. 14 54 1,175 Total $ 6,724 $ 78,718 $ 2,239,342 Cash Federal Tax Deposits: Direct $ 26 $ 65 $ 15,790 Through Depositaries 6,686 74,937 2,137,331 Total Cash FTD's $ 6,713 $ 75,001 $ 2,153,121 Inter-agency Transfers 12 3,716 86,221 Total $ 6,724 $ 78,718 $ 2,239,342 ___________________________________________________________________________________________ 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, July 9, 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) $ 25 $ 1,156 $ 31,990 IRS Tax Refunds Business (EFT) 433 1,647 21,078 IRS Tax Refunds Individual (Checks) 76 821 103,797 IRS Tax Refunds Individual (EFT) 1,857 4,045 456,060 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.