1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, July 15, 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 $ 1,740,455 $ 1,627,709 $ 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 $ 1,740,455 $ 1,627,709 $ 1,722,032 $ 382,483 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, July 15, 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) $ 109 $ 363 $ 6,722 Cash FTD's Received (Table IV) 111,354 268,564 2,346,683 Commodity Credit Corporation programs 30 691 8,584 Deposits by States: Supplemental Security Income 1 7 2,548 Unemployment 40 808 29,615 Dept of Commerce (DOC) 19 157 3,030 Dept of Education (ED) 103 1,229 49,800 Dept of Energy (DOE) 11 158 5,981 Dept of Health & Human Serv (HHS) - Misc 14 246 5,309 HHS - Marketplace Receipts 0 0 6 HHS - Medicare Premiums 237 982 31,238 Dept of Homeland Security (DHS) - misc 23 227 3,734 DHS - Customs and Certain Excise Taxes 101 1,032 64,542 DHS - Fed Emergency Mgmt Agency (FEMA) 18 162 2,333 DHS - Transportation Security Admn (TSA) 1 5 2,380 Dept of Transportation (DOT) 1 69 6,218 Dept of Veterans Affairs (VA) 55 346 6,456 Environmental Protection Agency (EPA) 3 13 279 Estate and Gift Taxes 128 358 10,768 Federal Communications Commission (FCC) 4 43 5,583 FCC - Universal Service Fund 132 573 6,831 Federal Reserve Earnings 2,351 4,470 59,616 Foreign Military Sales Program 20 2,548 34,195 General Services Administration (GSA) 6 34 1,009 Housing and Urban Development programs 6 78 2,224 Individual Income and Employment Taxes, Not Withheld 8,735 38,839 224,511 Interest recd from cash investments 0 0 0 Justice Department programs 17 1,045 14,867 National Science Foundation (NSF) 0 0 47 Postal Service 309 4,088 73,919 Public Debt Cash Issues (Table III-B) 103,491 788,931 14,634,747 Securities and Exchange Commission (SEC) 1 167 2,875 Small Business Administration (SBA) 41 300 2,841 Other Deposits: Federal Employees Insurance Receipt 60 127 2,461 Pension Benefit Guaranty Corp. 148 257 8,279 Total Other Deposits 208 4,879 152,247 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 227,566 1,121,413 17,801,736 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 227,566 $ 1,121,413 $ 17,801,736 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, July 15, 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 2 659 23,425 Commodity Credit Corporation programs 16 191 20,867 Coronavirus Relief Fund 0 0 149,466 Defense Vendor Payments (EFT) 701 11,340 292,114 Dept of Commerce (DOC) 16 306 7,777 Dept of Education (ED) 351 4,423 135,730 Dept of Energy (DOE) 199 1,526 31,826 Dept of Health & Human Serv (HHS) - Misc 33 632 7,270 HHS - Centers for Disease Control (CDC) 39 306 6,219 HHS - Federal Hospital Insr Trust Fund 748 20,854 327,219 HHS - Federal Supple Med Insr Trust Fund 731 25,859 336,587 HHS - Grants to States for Medicaid 1,107 24,976 357,127 HHS - Health Resources & Services Admin 133 5,532 94,380 HHS - Indian Health Service 24 121 5,633 HHS - Marketplace Payments 0 0 46,523 HHS - Medicare Prescription Drugs 0 8,137 73,276 HHS - National Institutes of Health 147 1,134 25,703 HHS - Other Public Health Services 19 253 5,795 HHS - Othr Admin for Children & Families 59 889 18,198 HHS - Othr Cent Medicare & Medicaid Serv 45 1,568 22,255 HHS - Payments to States 110 976 20,624 HHS - Temp Assistance for Needy Families 34 571 12,448 Dept of Homeland Security (DHS) - misc 40 437 10,295 DHS - Customs & Border Protection (CBP) 33 283 4,708 DHS - Fed Emergency Mgmt Agency (FEMA) 193 928 13,607 DHS - Transportation Security Admn (TSA) 1 58 1,819 Dept of Transportation (DOT) - Misc 6 89 1,983 DOT - Federal Aviation Administration 44 654 7,977 DOT - Federal Highway Administration 188 1,955 35,313 DOT - Federal Railroad Administration 0 4 3,431 DOT - Federal Transit Administration 45 934 16,202 DOT - Office of the Secretary 2 29 601 Dept of Veterans Affairs (VA) 265 2,259 48,040 VA - Benefits 42 9,074 93,321 Environmental Protection Agency (EPA) 24 188 5,177 ESF - Economic Recovery Programs 0 245 114,245 Federal Communications Commission (FCC) 4 36 747 FCC - Universal Service Fund 20 99 6,341 Federal Employees Insurance Payments 252 3,400 66,312 Federal Salaries (EFT) 180 8,186 155,725 Food and Nutrition Service (misc) 159 932 23,657 General Services Administration (GSA) 48 1,354 20,978 Housing and Urban Development programs 123 4,168 56,993 Interest on Treasury Securities 5,124 5,300 240,609 IRS Tax Refunds Business (EFT) 271 4,495 23,926 IRS Tax Refunds Individual (EFT) 2,160 7,403 459,418 Justice Department programs 146 690 16,809 Labor Dept. prgms (excl. unemployment) 98 588 11,656 NASA 39 864 15,539 National Science Foundation (NSF) 27 253 5,205 Postal Service Money Orders and Other 142 1,857 33,212 Public Debt Cash Redemp. (Table III-B) 69,375 747,754 10,930,929 Securities and Exchange Commission (SEC) 1 25 545 Small Business Administration (SBA) 1,066 26,955 173,977 Social Security Benefits (EFT) 19,186 61,529 781,660 Supple. Nutrition Assist. Program (SNAP) 384 5,488 63,237 Unemployment Insurance Benefits 5,264 54,746 329,193 Other Withdrawals: Agriculture 86 1,005 14,067 Military Active Duty Pay (EFT) 3,264 7,375 72,283 Pmt. to Resolution Funding Corp (Treas) 632 632 2,425 State Department 132 854 13,514 Thrift Savings Plan Transfer 194 1,893 54,197 Unclassified 1,043 9,690 196,856 Total, Other Withdrawals 5,352 39,476 649,917 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 114,819 1,102,990 16,443,764 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 114,819 $ 1,102,990 $ 16,443,764 Net Change in Operating Cash Balance $ 112,747 $ 18,424 $ 1,357,972 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, July 15, 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 $ 0 $ 417,493 $ 8,808,118 Cash Management Series 0 250,003 2,905,030 Notes 81,580 81,604 2,254,016 Bonds 20,667 20,667 260,022 Inflation-Protected Securities Increment 1 -298 -423 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 21 605 Interest Increment 2 369 4,301 Government Account Series 406,625 4,312,253 80,805,294 Hope Bonds 0 0 0 Domestic Series 0 4 95,638 Foreign Series 0 0 0 State and Local Series 738 6,389 100,026 Other 1,092 13,609 230,287 Total Issues $ 510,706 $ 5,102,115 $ 95,462,913 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 $ 657,715 $ 9,000,699 Notes 62,613 62,613 1,599,692 Bonds 0 0 17,060 Federal Financing Bank 0 0 1,547 Nonmarketable: United States Savings Securities 36 410 7,461 Government Account Series 405,511 4,346,129 80,764,366 Hope Bonds 0 0 0 Domestic Series 5,026 5,026 9,548 Foreign Series 0 0 0 State and Local Series 586 8,338 66,542 Other 1,113 13,653 229,928 Total Redemptions $ 474,886 $ 5,093,883 $ 91,696,843 Net Change in Public Debt Outstanding $ 35,821 $ 8,232 $ 3,766,071 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, July 15, 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) $ 510,706 $ 5,102,115 $ 95,462,913 Premium on New Issues 0 1 11,722 Discount on New Issues: Bills (-) 0 273 20,396 Bonds and Notes (-) 588 588 10,381 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 406,625 4,312,253 80,805,294 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 369 4,301 Inflation-Protected Securities Increment 1 -298 -484 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 103,491 $ 788,931 $ 14,634,747 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 474,886 $ 5,093,883 $ 91,696,843 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 (-) 405,511 4,346,129 80,764,366 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 69,375 $ 747,754 $ 10,930,929 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, July 15, 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 $ 20,574,381 $ 20,539,873 $ 20,530,278 $ 16,809,092 Intragovernmental Holdings 5,911,092 5,909,778 5,946,963 5,910,309 Total Public Debt Outstanding 26,485,472 26,449,652 26,477,241 22,719,402 Less: Debt Not Subject to Limit: Other Debt 478 478 478 479 Unamortized Discount 18,507 18,558 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 $ 26,459,225 $ 26,423,353 $ 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 Wednesday, July 15, 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 $ 15,144 $ 106,526 $ 2,003,121 Individual Income Taxes 44,677 88,324 172,059 Railroad Retirement Taxes 4 172 4,260 Excise Taxes 195 4,086 53,318 Corporation Income Taxes 51,292 75,830 195,991 Federal Unemployment Taxes 11 42 5,734 Estate and Gift Taxes & Misc IRS Rcpts. 57 312 1,433 Total $ 111,380 $ 275,293 $ 2,435,917 Cash Federal Tax Deposits: Direct $ 19 $ 1,799 $ 17,524 Through Depositaries 111,334 266,765 2,329,160 Total Cash FTD's $ 111,354 $ 268,564 $ 2,346,683 Inter-agency Transfers 26 6,729 89,233 Total $ 111,380 $ 275,293 $ 2,435,917 ___________________________________________________________________________________________ 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, July 15, 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) $ 35 $ 2,091 $ 32,925 IRS Tax Refunds Business (EFT) 271 4,495 23,926 IRS Tax Refunds Individual (Checks) 133 1,822 104,799 IRS Tax Refunds Individual (EFT) 2,160 7,403 459,418 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.