1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, July 22, 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 $ 1,777,180 $ 1,794,448 $ 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 $ 1,777,180 $ 1,794,448 $ 1,722,032 $ 382,483 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, July 22, 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) $ 10 $ 439 $ 6,797 Cash FTD's Received (Table IV) 10,124 346,535 2,424,655 Commodity Credit Corporation programs 38 894 8,787 Deposits by States: Supplemental Security Income 3 14 2,555 Unemployment 59 1,076 29,884 Dept of Commerce (DOC) 25 227 3,100 Dept of Education (ED) 86 1,884 50,456 Dept of Energy (DOE) 17 258 6,081 Dept of Health & Human Serv (HHS) - Misc 8 414 5,477 HHS - Marketplace Receipts 0 1 7 HHS - Medicare Premiums 63 1,908 32,163 Dept of Homeland Security (DHS) - misc 25 342 3,849 DHS - Customs and Certain Excise Taxes 125 1,704 65,214 DHS - Fed Emergency Mgmt Agency (FEMA) 15 234 2,406 DHS - Transportation Security Admn (TSA) 0 7 2,382 Dept of Transportation (DOT) 1 75 6,224 Dept of Veterans Affairs (VA) 39 501 6,611 Environmental Protection Agency (EPA) 3 21 287 Estate and Gift Taxes 599 1,676 12,086 Federal Communications Commission (FCC) 1 49 5,589 FCC - Universal Service Fund 1 581 6,839 Federal Reserve Earnings 1,922 6,392 61,537 Foreign Military Sales Program 9 2,715 34,362 General Services Administration (GSA) 4 60 1,034 Housing and Urban Development programs 2 184 2,330 Individual Income and Employment Taxes, Not Withheld 12,657 117,663 303,334 Interest recd from cash investments 0 0 0 Justice Department programs 7 1,152 14,974 National Science Foundation (NSF) 0 0 47 Postal Service 319 5,884 75,715 Public Debt Cash Issues (Table III-B) 1,876 1,156,245 15,002,061 Securities and Exchange Commission (SEC) 11 223 2,931 Small Business Administration (SBA) 23 445 2,986 Other Deposits: Thrift Savings Plan Transfer 1,767 6,446 78,718 Total Other Deposits 1,767 8,801 156,169 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 29,838 1,658,604 18,338,927 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 29,838 $ 1,658,604 $ 18,338,927 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, July 22, 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 0 678 23,445 Commodity Credit Corporation programs 11 266 20,942 Coronavirus Relief Fund 0 0 149,466 Defense Vendor Payments (EFT) 568 18,736 299,510 Dept of Commerce (DOC) 20 455 7,926 Dept of Education (ED) 452 7,081 138,389 Dept of Energy (DOE) 110 2,165 32,465 Dept of Health & Human Serv (HHS) - Misc 349 1,216 7,853 HHS - Centers for Disease Control (CDC) 34 477 6,390 HHS - Federal Hospital Insr Trust Fund 948 24,743 331,108 HHS - Federal Supple Med Insr Trust Fund 758 29,276 340,004 HHS - Grants to States for Medicaid 2,711 31,953 364,103 HHS - Health Resources & Services Admin 100 16,133 104,981 HHS - Indian Health Service 27 202 5,714 HHS - Marketplace Payments 4,404 4,404 50,926 HHS - Medicare Prescription Drugs 0 8,149 73,287 HHS - National Institutes of Health 118 1,730 26,299 HHS - Other Public Health Services 30 380 5,922 HHS - Othr Admin for Children & Families 63 1,335 18,644 HHS - Othr Cent Medicare & Medicaid Serv 241 2,089 22,776 HHS - Payments to States 76 1,506 21,154 HHS - Temp Assistance for Needy Families 8 694 12,571 Dept of Homeland Security (DHS) - misc 49 662 10,521 DHS - Customs & Border Protection (CBP) 16 413 4,838 DHS - Fed Emergency Mgmt Agency (FEMA) 43 1,483 14,162 DHS - Transportation Security Admn (TSA) 2 107 1,868 Dept of Transportation (DOT) - Misc 7 127 2,020 DOT - Federal Aviation Administration 119 983 8,306 DOT - Federal Highway Administration 204 2,972 36,330 DOT - Federal Railroad Administration 0 8 3,436 DOT - Federal Transit Administration 192 2,281 17,549 DOT - Office of the Secretary 1 44 616 Dept of Veterans Affairs (VA) 165 3,225 49,006 VA - Benefits 45 9,304 93,551 Environmental Protection Agency (EPA) 22 281 5,270 ESF - Economic Recovery Programs 0 245 114,245 Federal Communications Commission (FCC) 0 55 767 FCC - Universal Service Fund 14 161 6,403 Federal Employees Insurance Payments 261 4,563 67,475 Federal Salaries (EFT) 53 9,294 156,832 Food and Nutrition Service (misc) 121 1,321 24,046 General Services Administration (GSA) 74 1,734 21,358 Housing and Urban Development programs 106 4,685 57,511 Interest on Treasury Securities 0 5,301 240,610 IRS Tax Refunds Business (EFT) 49 5,042 24,473 IRS Tax Refunds Individual (EFT) 4,225 13,993 466,008 Justice Department programs 64 1,066 17,186 Labor Dept. prgms (excl. unemployment) 43 925 11,992 NASA 183 1,264 15,938 National Science Foundation (NSF) 35 405 5,358 Postal Service Money Orders and Other 138 2,536 33,890 Public Debt Cash Redemp. (Table III-B) 1,120 1,121,798 11,304,973 Securities and Exchange Commission (SEC) 6 224 743 Small Business Administration (SBA) 1,685 37,533 184,554 Social Security Benefits (EFT) 19,327 81,054 801,184 Supple. Nutrition Assist. Program (SNAP) 305 7,836 65,585 Unemployment Insurance Benefits 5,691 79,927 354,373 Other Withdrawals: Agriculture 72 1,449 14,511 Interior 67 778 10,685 Interior: Office of Surface Mining 84 103 1,842 State Department 85 1,365 14,025 Thrift Savings Plan Transfer 87 2,257 54,561 Treasury Dept: Claims Payments 1/-90 114 1,942 U.S. District Courts (net) -59 -77 -498 Unclassified 1,464 15,483 202,648 Total, Other Withdrawals 1,710 46,938 657,380 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 47,105 1,603,456 16,944,230 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 47,105 $ 1,603,456 $ 16,944,230 Net Change in Operating Cash Balance $ -17,268 $ 55,148 $ 1,394,697 1/Reported as a negative amount due to a return/reversal of $91 million. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, July 22, 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 $ 650,557 $ 9,041,182 Cash Management Series 0 375,004 3,030,032 Notes 0 81,604 2,254,016 Bonds 0 20,667 260,022 Inflation-Protected Securities Increment 1 -293 -418 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 31 614 Interest Increment 2 377 4,309 Government Account Series 393,358 6,279,980 82,773,020 Hope Bonds 0 0 0 Domestic Series 0 6 95,640 Foreign Series 0 0 0 State and Local Series 796 9,008 102,645 Other 1,078 20,412 237,090 Total Issues $ 395,237 $ 7,437,352 $ 97,798,151 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 $ 1,024,602 $ 9,367,586 Notes 0 62,613 1,599,692 Bonds 0 0 17,060 Federal Financing Bank 0 0 1,547 Nonmarketable: United States Savings Securities 31 574 7,625 Government Account Series 408,211 6,301,024 82,719,261 Hope Bonds 0 0 0 Domestic Series 0 5,026 9,548 Foreign Series 0 0 0 State and Local Series 10 8,585 66,789 Other 1,079 20,399 236,674 Total Redemptions $ 409,331 $ 7,422,822 $ 94,025,782 Net Change in Public Debt Outstanding $ -14,095 $ 14,530 $ 3,772,369 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, July 22, 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) $ 395,237 $ 7,437,352 $ 97,798,151 Premium on New Issues 0 1 11,722 Discount on New Issues: Bills (-) 0 457 20,580 Bonds and Notes (-) 0 588 10,381 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 393,358 6,279,980 82,773,020 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 377 4,309 Inflation-Protected Securities Increment 1 -293 -478 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,876 $ 1,156,245 $ 15,002,061 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 409,331 $ 7,422,822 $ 94,025,782 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 (-) 408,211 6,301,024 82,719,261 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,120 $ 1,121,798 $ 11,304,973 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, July 22, 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 $ 20,571,201 $ 20,568,775 $ 20,530,278 $ 16,809,092 Intragovernmental Holdings 5,920,570 5,937,090 5,946,963 5,910,309 Total Public Debt Outstanding 26,491,771 26,505,865 26,477,241 22,719,402 Less: Debt Not Subject to Limit: Other Debt 478 478 478 479 Unamortized Discount 18,348 18,397 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 $ 26,465,683 $ 26,479,729 $ 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 22, 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 $ 9,760 $ 147,433 $ 2,044,028 Individual Income Taxes 244 122,777 206,512 Railroad Retirement Taxes 3 226 4,314 Excise Taxes 49 4,298 53,531 Corporation Income Taxes 75 78,443 198,604 Federal Unemployment Taxes 5 68 5,761 Estate and Gift Taxes & Misc IRS Rcpts. 2 328 1,448 Total $ 10,137 $ 353,574 $ 2,514,198 Cash Federal Tax Deposits: Direct $ -19 $ 1,833 $ 17,557 Through Depositaries 10,144 344,703 2,407,097 Total Cash FTD's $ 10,124 $ 346,535 $ 2,424,655 Inter-agency Transfers 13 7,038 89,543 Total $ 10,137 $ 353,574 $ 2,514,198 ___________________________________________________________________________________________ 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 22, 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) $ 13 $ 3,821 $ 34,655 IRS Tax Refunds Business (EFT) 49 5,042 24,473 IRS Tax Refunds Individual (Checks) 178 3,143 106,119 IRS Tax Refunds Individual (EFT) 4,225 13,993 466,008 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.