1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, July 23, 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 $ 1,821,824 $ 1,777,180 $ 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 $ 1,821,824 $ 1,777,180 $ 1,722,032 $ 382,483 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, July 23, 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) $ 16 $ 455 $ 6,813 Cash FTD's Received (Table IV) 2,735 349,271 2,427,390 Commodity Credit Corporation programs 38 932 8,825 Deposits by States: Supplemental Security Income 2 16 2,556 Unemployment 298 1,374 30,181 Dept of Commerce (DOC) 16 242 3,115 Dept of Education (ED) 93 1,977 50,548 Dept of Energy (DOE) 36 294 6,117 Dept of Health & Human Serv (HHS) - Misc 57 471 5,534 HHS - Marketplace Receipts 0 1 7 HHS - Medicare Premiums 406 2,313 32,568 Dept of Homeland Security (DHS) - misc 20 362 3,869 DHS - Customs and Certain Excise Taxes 4,177 5,881 69,390 DHS - Fed Emergency Mgmt Agency (FEMA) 17 251 2,423 DHS - Transportation Security Admn (TSA) 1 7 2,383 Dept of Transportation (DOT) 5 81 6,230 Dept of Veterans Affairs (VA) 29 530 6,640 Environmental Protection Agency (EPA) 0 22 288 Estate and Gift Taxes 442 2,118 12,527 Federal Communications Commission (FCC) 1 50 5,590 FCC - Universal Service Fund 0 582 6,840 Federal Reserve Earnings 0 6,392 61,537 Foreign Military Sales Program 41 2,756 34,403 General Services Administration (GSA) 9 69 1,044 Housing and Urban Development programs 3 187 2,333 Individual Income and Employment Taxes, Not Withheld 11,298 128,961 314,633 Interest recd from cash investments 0 0 0 Justice Department programs 6 1,158 14,980 National Science Foundation (NSF) 0 0 47 Postal Service 309 6,194 76,025 Public Debt Cash Issues (Table III-B) 203,587 1,359,831 15,205,647 Securities and Exchange Commission (SEC) 21 245 2,952 Small Business Administration (SBA) 26 471 3,011 Other Deposits: Thrift Savings Plan Transfer 265 6,712 78,983 Total Other Deposits 265 9,066 156,434 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 223,952 1,882,556 18,562,879 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 223,952 $ 1,882,556 $ 18,562,879 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, July 23, 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 12 689 23,456 Commodity Credit Corporation programs 7 273 20,949 Coronavirus Relief Fund 0 0 149,466 Defense Vendor Payments (EFT) 1,698 20,435 301,208 Dept of Commerce (DOC) 42 497 7,968 Dept of Education (ED) 441 7,523 138,830 Dept of Energy (DOE) 208 2,374 32,674 Dept of Health & Human Serv (HHS) - Misc 134 1,350 7,988 HHS - Centers for Disease Control (CDC) 31 508 6,421 HHS - Federal Hospital Insr Trust Fund 868 25,611 331,976 HHS - Federal Supple Med Insr Trust Fund 674 29,950 340,677 HHS - Grants to States for Medicaid 3,148 35,100 367,251 HHS - Health Resources & Services Admin 49 16,183 105,030 HHS - Indian Health Service 5 207 5,719 HHS - Marketplace Payments 0 4,404 50,926 HHS - Medicare Prescription Drugs 0 8,149 73,287 HHS - National Institutes of Health 144 1,874 26,443 HHS - Other Public Health Services 34 414 5,956 HHS - Othr Admin for Children & Families 69 1,404 18,713 HHS - Othr Cent Medicare & Medicaid Serv 68 2,157 22,844 HHS - Payments to States 54 1,560 21,207 HHS - Temp Assistance for Needy Families 17 710 12,587 Dept of Homeland Security (DHS) - misc 76 738 10,597 DHS - Customs & Border Protection (CBP) 21 434 4,860 DHS - Fed Emergency Mgmt Agency (FEMA) 86 1,569 14,248 DHS - Transportation Security Admn (TSA) 5 112 1,873 Dept of Transportation (DOT) - Misc 8 135 2,029 DOT - Federal Aviation Administration 79 1,062 8,385 DOT - Federal Highway Administration 195 3,167 36,525 DOT - Federal Railroad Administration 3 11 3,439 DOT - Federal Transit Administration 146 2,427 17,695 DOT - Office of the Secretary 8 52 624 Dept of Veterans Affairs (VA) 185 3,410 49,191 VA - Benefits 77 9,381 93,628 Environmental Protection Agency (EPA) 16 297 5,286 ESF - Economic Recovery Programs 0 245 114,245 Federal Communications Commission (FCC) 6 61 773 FCC - Universal Service Fund 20 181 6,423 Federal Employees Insurance Payments 585 5,147 68,060 Federal Salaries (EFT) 82 9,375 156,914 Food and Nutrition Service (misc) 70 1,391 24,115 General Services Administration (GSA) 17 1,751 21,375 Housing and Urban Development programs 107 4,793 57,618 Interest on Treasury Securities 0 5,302 240,611 IRS Tax Refunds Business (EFT) 71 5,113 24,543 IRS Tax Refunds Individual (EFT) 1,096 15,089 467,104 Justice Department programs 87 1,153 17,273 Labor Dept. prgms (excl. unemployment) 94 1,019 12,086 NASA 75 1,338 16,013 National Science Foundation (NSF) 36 441 5,394 Postal Service Money Orders and Other 98 2,633 33,988 Public Debt Cash Redemp. (Table III-B) 161,343 1,283,141 11,466,316 Securities and Exchange Commission (SEC) 8 232 751 Small Business Administration (SBA) 1,629 39,162 186,183 Social Security Benefits (EFT) 150 81,204 801,334 Supple. Nutrition Assist. Program (SNAP) 291 8,128 65,876 Unemployment Insurance Benefits 3,597 83,523 357,970 Other Withdrawals: Agency for Internat'l Development 60 636 14,093 Agriculture 105 1,554 14,616 Interior 56 834 10,741 Thrift Savings Plan Transfer 94 2,352 54,656 Unclassified 922 16,405 203,570 Total, Other Withdrawals 1,238 48,176 658,617 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 179,308 1,782,764 17,123,538 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 179,308 $ 1,782,764 $ 17,123,538 Net Change in Operating Cash Balance $ 44,644 $ 99,792 $ 1,439,341 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, July 23, 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 $ 121,274 $ 771,831 $ 9,162,456 Cash Management Series 80,001 455,005 3,110,033 Notes 0 81,604 2,254,016 Bonds 0 20,667 260,022 Inflation-Protected Securities Increment 1 -292 -417 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 32 616 Interest Increment 1 378 4,310 Government Account Series 399,966 6,679,945 83,172,986 Hope Bonds 0 0 0 Domestic Series 0 6 95,640 Foreign Series 0 0 0 State and Local Series 801 9,809 103,446 Other 1,603 22,015 238,693 Total Issues $ 603,649 $ 8,041,001 $ 98,401,800 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 $ 159,711 $ 1,184,312 $ 9,527,297 Notes 0 62,613 1,599,692 Bonds 0 0 17,060 Federal Financing Bank 0 0 1,547 Nonmarketable: United States Savings Securities 30 603 7,655 Government Account Series 395,202 6,696,226 83,114,463 Hope Bonds 0 0 0 Domestic Series 0 5,026 9,548 Foreign Series 0 0 0 State and Local Series 11 8,596 66,800 Other 1,592 21,990 238,266 Total Redemptions $ 556,545 $ 7,979,367 $ 94,582,327 Net Change in Public Debt Outstanding $ 47,104 $ 61,634 $ 3,819,473 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, July 23, 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) $ 603,649 $ 8,041,001 $ 98,401,800 Premium on New Issues 0 1 11,722 Discount on New Issues: Bills (-) 94 552 20,675 Bonds and Notes (-) 0 588 10,381 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 399,966 6,679,945 83,172,986 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 378 4,310 Inflation-Protected Securities Increment 1 -292 -478 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 203,587 $ 1,359,831 $ 15,205,647 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 556,545 $ 7,979,367 $ 94,582,327 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 (-) 395,202 6,696,226 83,114,463 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 161,343 $ 1,283,141 $ 11,466,316 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, July 23, 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 $ 20,614,085 $ 20,571,201 $ 20,530,278 $ 16,809,092 Intragovernmental Holdings 5,924,790 5,920,570 5,946,963 5,910,309 Total Public Debt Outstanding 26,538,875 26,491,771 26,477,241 22,719,402 Less: Debt Not Subject to Limit: Other Debt 478 478 478 479 Unamortized Discount 18,394 18,348 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 $ 26,512,741 $ 26,465,683 $ 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 23, 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 $ 2,450 $ 149,883 $ 2,046,478 Individual Income Taxes 207 122,985 206,720 Railroad Retirement Taxes 1 227 4,315 Excise Taxes 59 4,357 53,590 Corporation Income Taxes 49 78,492 198,653 Federal Unemployment Taxes 4 73 5,765 Estate and Gift Taxes & Misc IRS Rcpts. 4 331 1,452 Total $ 2,774 $ 356,348 $ 2,516,972 Cash Federal Tax Deposits: Direct $ -40 $ 1,793 $ 17,518 Through Depositaries 2,775 347,478 2,409,873 Total Cash FTD's $ 2,735 $ 349,271 $ 2,427,390 Inter-agency Transfers 39 7,077 89,581 Total $ 2,774 $ 356,348 $ 2,516,972 ___________________________________________________________________________________________ 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 23, 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) $ 113 $ 3,934 $ 34,768 IRS Tax Refunds Business (EFT) 71 5,113 24,543 IRS Tax Refunds Individual (Checks) 175 3,318 106,295 IRS Tax Refunds Individual (EFT) 1,096 15,089 467,104 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.