1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, July 20, 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 $ 1,817,270 $ 1,812,801 $ 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 $ 1,817,270 $ 1,812,801 $ 1,722,032 $ 382,483 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, July 20, 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) $ 29 $ 414 $ 6,772 Cash FTD's Received (Table IV) 13,736 333,562 2,411,681 Commodity Credit Corporation programs 34 801 8,694 Deposits by States: Supplemental Security Income 1 11 2,551 Unemployment 51 956 29,763 Dept of Commerce (DOC) 11 190 3,063 Dept of Education (ED) 114 1,627 50,198 Dept of Energy (DOE) 40 216 6,040 Dept of Health & Human Serv (HHS) - Misc 105 378 5,441 HHS - Marketplace Receipts 0 0 7 HHS - Medicare Premiums 241 1,643 31,898 Dept of Homeland Security (DHS) - misc 24 294 3,801 DHS - Customs and Certain Excise Taxes 134 1,388 64,897 DHS - Fed Emergency Mgmt Agency (FEMA) 15 202 2,374 DHS - Transportation Security Admn (TSA) 0 6 2,381 Dept of Transportation (DOT) 1 73 6,222 Dept of Veterans Affairs (VA) 28 430 6,540 Environmental Protection Agency (EPA) 1 17 283 Estate and Gift Taxes 362 840 11,249 Federal Communications Commission (FCC) 1 48 5,588 FCC - Universal Service Fund 1 577 6,835 Federal Reserve Earnings 0 4,470 59,616 Foreign Military Sales Program 20 2,636 34,283 General Services Administration (GSA) 5 50 1,024 Housing and Urban Development programs 2 83 2,229 Individual Income and Employment Taxes, Not Withheld 11,176 68,138 253,809 Interest recd from cash investments 0 0 0 Justice Department programs 14 1,096 14,918 National Science Foundation (NSF) 0 0 47 Postal Service 408 5,167 74,998 Public Debt Cash Issues (Table III-B) 1,208 1,021,609 14,867,425 Securities and Exchange Commission (SEC) 16 188 2,896 Small Business Administration (SBA) 27 372 2,913 Other Deposits: Thrift Savings Plan Transfer 133 3,583 75,855 Total Other Deposits 133 5,887 153,255 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 27,938 1,453,367 18,133,690 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 27,938 $ 1,453,367 $ 18,133,690 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, July 20, 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 7 670 23,437 Commodity Credit Corporation programs 13 233 20,909 Coronavirus Relief Fund 0 0 149,466 Defense Vendor Payments (EFT) 1,541 15,791 296,564 Dept of Commerce (DOC) 39 415 7,886 Dept of Education (ED) 576 6,000 137,308 Dept of Energy (DOE) 103 1,927 32,227 Dept of Health & Human Serv (HHS) - Misc 22 786 7,423 HHS - Centers for Disease Control (CDC) 27 396 6,309 HHS - Federal Hospital Insr Trust Fund 665 23,106 329,471 HHS - Federal Supple Med Insr Trust Fund 609 27,908 338,636 HHS - Grants to States for Medicaid 508 28,550 360,701 HHS - Health Resources & Services Admin 1,605 15,749 104,596 HHS - Indian Health Service 9 155 5,668 HHS - Marketplace Payments 0 0 46,523 HHS - Medicare Prescription Drugs 0 8,149 73,287 HHS - National Institutes of Health 147 1,517 26,085 HHS - Other Public Health Services 26 322 5,864 HHS - Othr Admin for Children & Families 57 1,103 18,412 HHS - Othr Cent Medicare & Medicaid Serv 88 1,822 22,509 HHS - Payments to States 133 1,272 20,919 HHS - Temp Assistance for Needy Families 25 680 12,557 Dept of Homeland Security (DHS) - misc 43 564 10,423 DHS - Customs & Border Protection (CBP) 41 352 4,778 DHS - Fed Emergency Mgmt Agency (FEMA) 301 1,371 14,050 DHS - Transportation Security Admn (TSA) 38 99 1,860 Dept of Transportation (DOT) - Misc 5 117 2,011 DOT - Federal Aviation Administration 81 819 8,141 DOT - Federal Highway Administration 113 2,537 35,895 DOT - Federal Railroad Administration 1 7 3,435 DOT - Federal Transit Administration 111 1,994 17,261 DOT - Office of the Secretary 1 42 614 Dept of Veterans Affairs (VA) 206 2,898 48,679 VA - Benefits 47 9,213 93,460 Environmental Protection Agency (EPA) 28 244 5,234 ESF - Economic Recovery Programs 0 245 114,245 Federal Communications Commission (FCC) 11 51 763 FCC - Universal Service Fund 40 147 6,389 Federal Employees Insurance Payments 174 4,095 67,008 Federal Salaries (EFT) 109 9,164 156,702 Food and Nutrition Service (misc) 72 1,161 23,886 General Services Administration (GSA) 48 1,582 21,206 Housing and Urban Development programs 107 4,453 57,278 Interest on Treasury Securities 1 5,301 240,610 IRS Tax Refunds Business (EFT) 190 4,870 24,301 IRS Tax Refunds Individual (EFT) 1,014 9,051 461,066 Justice Department programs 109 930 17,050 Labor Dept. prgms (excl. unemployment) 26 836 11,904 NASA 32 1,050 15,724 National Science Foundation (NSF) 34 337 5,289 Postal Service Money Orders and Other 131 2,289 33,644 Public Debt Cash Redemp. (Table III-B) 1,152 943,371 11,126,546 Securities and Exchange Commission (SEC) 3 214 734 Small Business Administration (SBA) 4,134 32,656 179,677 Social Security Benefits (EFT) 50 61,685 781,815 Supple. Nutrition Assist. Program (SNAP) 987 7,196 64,945 Unemployment Insurance Benefits 6,095 66,878 341,324 Other Withdrawals: Agriculture 83 1,249 14,311 Interior 69 688 10,595 State Department 180 1,184 13,844 Thrift Savings Plan Transfer 61 2,097 54,401 Treasury Dept: Claims Payments 94 203 2,032 Unclassified 1,248 12,909 200,074 Total, Other Withdrawals 1,735 43,759 654,200 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 23,469 1,358,129 16,698,903 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 23,469 $ 1,358,129 $ 16,698,903 Net Change in Operating Cash Balance $ 4,469 $ 95,239 $ 1,434,787 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, July 20, 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 $ 575,220 $ 8,965,845 Cash Management Series 0 320,004 2,975,031 Notes 0 81,604 2,254,016 Bonds 0 20,667 260,022 Inflation-Protected Securities Increment 1 -295 -420 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 26 610 Interest Increment 0 372 4,304 Government Account Series 386,545 5,482,695 81,975,735 Hope Bonds 0 0 0 Domestic Series 1 6 95,639 Foreign Series 0 0 0 State and Local Series 126 7,653 101,290 Other 1,081 17,437 234,115 Total Issues $ 387,754 $ 6,505,388 $ 96,866,187 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 $ 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 34 506 7,557 Government Account Series 384,847 5,505,136 81,923,374 Hope Bonds 0 0 0 Domestic Series 0 5,026 9,548 Foreign Series 0 0 0 State and Local Series 36 8,538 66,742 Other 1,083 17,421 233,697 Total Redemptions $ 385,999 $ 6,448,508 $ 93,051,467 Net Change in Public Debt Outstanding $ 1,756 $ 56,880 $ 3,814,719 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, July 20, 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) $ 387,754 $ 6,505,388 $ 96,866,187 Premium on New Issues 0 1 11,722 Discount on New Issues: Bills (-) 0 420 20,543 Bonds and Notes (-) 0 588 10,381 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 386,545 5,482,695 81,975,735 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 372 4,304 Inflation-Protected Securities Increment 1 -295 -481 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,208 $ 1,021,609 $ 14,867,425 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 385,999 $ 6,448,508 $ 93,051,467 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 (-) 384,847 5,505,136 81,923,374 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,152 $ 943,371 $ 11,126,546 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, July 20, 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 $ 20,612,266 $ 20,612,220 $ 20,530,278 $ 16,809,092 Intragovernmental Holdings 5,921,855 5,920,146 5,946,963 5,910,309 Total Public Debt Outstanding 26,534,121 26,532,365 26,477,241 22,719,402 Less: Debt Not Subject to Limit: Other Debt 478 478 478 479 Unamortized Discount 18,408 18,554 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 $ 26,507,973 $ 26,506,072 $ 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 Monday, July 20, 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 $ 12,144 $ 135,247 $ 2,031,842 Individual Income Taxes 1,262 122,219 205,954 Railroad Retirement Taxes 23 216 4,305 Excise Taxes 37 4,198 53,431 Corporation Income Taxes 272 78,311 198,472 Federal Unemployment Taxes 5 56 5,749 Estate and Gift Taxes & Misc IRS Rcpts. 3 318 1,439 Total $ 13,746 $ 340,566 $ 2,501,190 Cash Federal Tax Deposits: Direct $ 1 $ 1,819 $ 17,544 Through Depositaries 13,735 331,743 2,394,137 Total Cash FTD's $ 13,736 $ 333,562 $ 2,411,681 Inter-agency Transfers 10 7,004 89,509 Total $ 13,746 $ 340,566 $ 2,501,190 ___________________________________________________________________________________________ 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 Monday, July 20, 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) $ 128 $ 2,360 $ 33,194 IRS Tax Refunds Business (EFT) 190 4,870 24,301 IRS Tax Refunds Individual (Checks) 84 2,856 105,833 IRS Tax Refunds Individual (EFT) 1,014 9,051 461,066 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.