1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, July 16, 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 $ 1,807,305 $ 1,740,455 $ 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 $ 1,807,305 $ 1,740,455 $ 1,722,032 $ 382,483 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, July 16, 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 $ 377 $ 6,735 Cash FTD's Received (Table IV) 34,552 303,116 2,381,236 Commodity Credit Corporation programs 36 727 8,620 Deposits by States: Supplemental Security Income 1 8 2,549 Unemployment 42 850 29,657 Dept of Commerce (DOC) 10 167 3,040 Dept of Education (ED) 104 1,333 49,904 Dept of Energy (DOE) 9 167 5,990 Dept of Health & Human Serv (HHS) - Misc 8 254 5,317 HHS - Marketplace Receipts 0 0 6 HHS - Medicare Premiums 286 1,268 31,523 Dept of Homeland Security (DHS) - misc 21 248 3,755 DHS - Customs and Certain Excise Taxes 88 1,120 64,629 DHS - Fed Emergency Mgmt Agency (FEMA) 13 175 2,346 DHS - Transportation Security Admn (TSA) 0 5 2,380 Dept of Transportation (DOT) 1 70 6,219 Dept of Veterans Affairs (VA) 25 370 6,481 Environmental Protection Agency (EPA) 1 15 281 Estate and Gift Taxes 26 384 10,794 Federal Communications Commission (FCC) 1 44 5,584 FCC - Universal Service Fund 2 575 6,833 Federal Reserve Earnings 0 4,470 59,616 Foreign Military Sales Program 61 2,609 34,256 General Services Administration (GSA) 6 40 1,015 Housing and Urban Development programs 2 80 2,226 Individual Income and Employment Taxes, Not Withheld 9,237 48,077 233,748 Interest recd from cash investments 0 0 0 Justice Department programs 9 1,053 14,876 National Science Foundation (NSF) 0 0 47 Postal Service 347 4,435 74,266 Public Debt Cash Issues (Table III-B) 230,356 1,019,287 14,865,104 Securities and Exchange Commission (SEC) 2 169 2,877 Small Business Administration (SBA) 23 323 2,864 Other Deposits: Thrift Savings Plan Transfer 432 3,058 75,330 Total Other Deposits 432 5,311 152,679 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 275,714 1,397,127 18,077,450 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 275,714 $ 1,397,127 $ 18,077,450 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, July 16, 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 4 662 23,429 Commodity Credit Corporation programs 9 200 20,876 Coronavirus Relief Fund 0 0 149,466 Defense Vendor Payments (EFT) 1,524 12,864 293,637 Dept of Commerce (DOC) 24 331 7,802 Dept of Education (ED) 493 4,916 136,223 Dept of Energy (DOE) 159 1,685 31,985 Dept of Health & Human Serv (HHS) - Misc 70 702 7,340 HHS - Centers for Disease Control (CDC) 29 335 6,248 HHS - Federal Hospital Insr Trust Fund 752 21,606 327,970 HHS - Federal Supple Med Insr Trust Fund 724 26,583 337,311 HHS - Grants to States for Medicaid 2,727 27,703 359,853 HHS - Health Resources & Services Admin 35 5,568 94,415 HHS - Indian Health Service 19 139 5,652 HHS - Marketplace Payments 0 0 46,523 HHS - Medicare Prescription Drugs 0 8,137 73,276 HHS - National Institutes of Health 129 1,263 25,832 HHS - Other Public Health Services 22 275 5,817 HHS - Othr Admin for Children & Families 79 968 18,277 HHS - Othr Cent Medicare & Medicaid Serv 75 1,643 22,329 HHS - Payments to States 62 1,038 20,685 HHS - Temp Assistance for Needy Families 29 600 12,477 Dept of Homeland Security (DHS) - misc 45 482 10,341 DHS - Customs & Border Protection (CBP) 13 296 4,721 DHS - Fed Emergency Mgmt Agency (FEMA) 93 1,020 13,700 DHS - Transportation Security Admn (TSA) 1 60 1,821 Dept of Transportation (DOT) - Misc 16 105 1,999 DOT - Federal Aviation Administration 35 689 8,012 DOT - Federal Highway Administration 201 2,156 35,514 DOT - Federal Railroad Administration 3 7 3,434 DOT - Federal Transit Administration 379 1,313 16,581 DOT - Office of the Secretary 4 34 606 Dept of Veterans Affairs (VA) 224 2,482 48,263 VA - Benefits 46 9,119 93,366 Environmental Protection Agency (EPA) 15 202 5,192 ESF - Economic Recovery Programs 0 245 114,245 Federal Communications Commission (FCC) 2 38 750 FCC - Universal Service Fund 8 107 6,349 Federal Employees Insurance Payments 223 3,623 66,535 Federal Salaries (EFT) 831 9,017 156,556 Food and Nutrition Service (misc) 72 1,004 23,729 General Services Administration (GSA) 120 1,473 21,098 Housing and Urban Development programs 85 4,252 57,078 Interest on Treasury Securities 0 5,300 240,609 IRS Tax Refunds Business (EFT) 114 4,610 24,041 IRS Tax Refunds Individual (EFT) 251 7,654 459,669 Justice Department programs 80 770 16,890 Labor Dept. prgms (excl. unemployment) 54 643 11,710 NASA 52 916 15,591 National Science Foundation (NSF) 21 274 5,227 Postal Service Money Orders and Other 117 1,974 33,329 Public Debt Cash Redemp. (Table III-B) 193,340 941,094 11,124,269 Securities and Exchange Commission (SEC) 4 29 548 Small Business Administration (SBA) 447 27,402 174,424 Social Security Benefits (EFT) 47 61,576 781,706 Supple. Nutrition Assist. Program (SNAP) 370 5,858 63,607 Unemployment Insurance Benefits 3,326 58,072 332,519 Other Withdrawals: Agriculture 97 1,102 14,165 Interior 51 546 10,453 State Department 75 929 13,589 Thrift Savings Plan Transfer 61 1,954 54,258 Unclassified 977 10,668 197,833 Total, Other Withdrawals 1,262 40,738 651,179 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 208,864 1,311,854 16,652,628 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 208,864 $ 1,311,854 $ 16,652,628 Net Change in Operating Cash Balance $ 66,850 $ 85,273 $ 1,424,822 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, July 16, 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 $ 157,727 $ 575,221 $ 8,965,846 Cash Management Series 70,001 320,004 2,975,031 Notes 0 81,604 2,254,016 Bonds 0 20,667 260,022 Inflation-Protected Securities Increment 1 -297 -422 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 23 606 Interest Increment 1 370 4,302 Government Account Series 394,753 4,707,006 81,200,047 Hope Bonds 0 0 0 Domestic Series 0 5 95,638 Foreign Series 0 0 0 State and Local Series 1,109 7,498 101,135 Other 1,664 15,273 231,951 Total Issues $ 625,259 $ 5,727,374 $ 96,088,172 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 $ 191,552 $ 849,266 $ 9,192,251 Notes 0 62,613 1,599,692 Bonds 0 0 17,060 Federal Financing Bank 0 0 1,547 Nonmarketable: United States Savings Securities 30 440 7,491 Government Account Series 388,131 4,734,260 81,152,497 Hope Bonds 0 0 0 Domestic Series 0 5,026 9,548 Foreign Series 0 0 0 State and Local Series 156 8,494 66,698 Other 1,601 15,254 231,530 Total Redemptions $ 581,471 $ 5,675,354 $ 92,278,314 Net Change in Public Debt Outstanding $ 43,788 $ 52,019 $ 3,809,858 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, July 16, 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) $ 625,259 $ 5,727,374 $ 96,088,172 Premium on New Issues 0 1 11,722 Discount on New Issues: Bills (-) 147 420 20,543 Bonds and Notes (-) 0 588 10,381 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 394,753 4,707,006 81,200,047 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 370 4,302 Inflation-Protected Securities Increment 1 -297 -482 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 230,356 $ 1,019,287 $ 14,865,104 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 581,471 $ 5,675,354 $ 92,278,314 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 (-) 388,131 4,734,260 81,152,497 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 193,340 $ 941,094 $ 11,124,269 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, July 16, 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 $ 20,611,921 $ 20,574,381 $ 20,530,278 $ 16,809,092 Intragovernmental Holdings 5,917,339 5,911,092 5,946,963 5,910,309 Total Public Debt Outstanding 26,529,260 26,485,472 26,477,241 22,719,402 Less: Debt Not Subject to Limit: Other Debt 478 478 478 479 Unamortized Discount 18,602 18,507 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 $ 26,502,918 $ 26,459,225 $ 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 16, 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 $ 10,963 $ 117,489 $ 2,014,084 Individual Income Taxes 22,150 110,474 194,209 Railroad Retirement Taxes 10 181 4,270 Excise Taxes 48 4,134 53,367 Corporation Income Taxes 1,633 77,463 197,624 Federal Unemployment Taxes 3 45 5,737 Estate and Gift Taxes & Misc IRS Rcpts. 2 314 1,435 Total $ 34,808 $ 310,101 $ 2,470,725 Cash Federal Tax Deposits: Direct $ 16 $ 1,815 $ 17,540 Through Depositaries 34,536 301,301 2,363,696 Total Cash FTD's $ 34,552 $ 303,116 $ 2,381,236 Inter-agency Transfers 256 6,985 89,489 Total $ 34,808 $ 310,101 $ 2,470,725 ___________________________________________________________________________________________ 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 16, 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) $ 63 $ 2,154 $ 32,988 IRS Tax Refunds Business (EFT) 114 4,610 24,041 IRS Tax Refunds Individual (Checks) 94 1,916 104,893 IRS Tax Refunds Individual (EFT) 251 7,654 459,669 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.