1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, January 5, 2021 (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 $ 1,600,257 $ 1,563,361 $ 1,728,569 $ 1,781,679 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 1,600,257 $ 1,563,361 $ 1,728,569 $ 1,781,679 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, January 5, 2021 (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: Cash FTD's Received (Table IV) 6,717 50,049 774,943 Deposits by States: Supplemental Security Income 0 5 879 Dept of Agriculture (USDA) - misc 8 30 651 USDA - Commodity Credit Corporation 87 224 2,518 USDA - Federal Crop Insurance Corp Fund 0 0 1,750 USDA - Loan Repayments 26 95 2,351 USDA - Other Farm Service 0 0 0 Dept of Commerce (DOC) 13 25 879 Dept of Education (ED) 377 494 8,936 Dept of Energy (DOE) 33 78 1,900 Dept of Health & Human Serv (HHS) - Misc 8 35 3,900 HHS - Marketplace Receipts 0 0 2 HHS - Medicare Premiums 25 159 10,423 Dept of Homeland Security (DHS) - misc 17 36 1,138 DHS - Customs and Certain Excise Taxes 80 177 22,983 DHS - Fed Emergency Mgmt Agency (FEMA) 10 16 625 DHS - Transportation Security Admn (TSA) 1 1 410 Dept of Labor (DOL) - misc 1 2 81 DOL - Pension Benefit Guaranty Corp. 1 2 4,491 Dept of Transportation (DOT) 1 45 393 Dept of Veterans Affairs (VA) 35 67 2,369 District of Columbia 0 0 69 Environmental Protection Agency (EPA) 2 4 101 Estate and Gift Taxes 1 350 4,964 Federal Communications Commission (FCC) 2 2 5,001 FCC - Universal Service Fund 4 5 2,168 Federal Deposit Insurance Corp (FDIC) 0 0 2,228 Federal Reserve Earnings 0 0 23,054 Foreign Military Sales Program 138 1,790 12,215 General Services Administration (GSA) 4 7 417 Housing and Urban Development programs 2 3 622 Individual Income and Employment Taxes, Not Withheld 989 1,340 39,954 Interest recd from cash investments 0 0 0 Justice Department programs 31 45 2,777 National Credit Union Admin (NCUA) 1 1 2,171 National Science Foundation (NSF) 0 4 5 Postal Service 535 954 27,380 Public Debt Cash Issues (Table III-B) 128,002 129,625 5,708,378 Securities and Exchange Commission (SEC) 3 5 1,210 Small Business Administration (SBA) 49 106 2,968 State Unemployment Insurance Deposits 133 152 9,225 Unclassified - Deposits 25 39 6,073 Other Deposits: Federal Housing Admin: Note Sales 119 170 5,434 Thrift Savings Plan Transfer 210 594 16,650 Total Other Deposits 329 764 27,979 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 137,689 186,734 6,720,581 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 137,689 $ 186,734 $ 6,720,581 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, January 5, 2021 (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 0 53 Coronavirus Relief Fund 0 0 0 Defense Vendor Payments (EFT) 1,458 1,659 97,041 Dept of Agriculture (USDA) - misc 41 121 7,529 USDA - Child Nutrition 30 132 5,534 USDA - Commodity Credit Corporation 30 60 11,656 USDA - Federal Crop Insurance Corp Fund 41 53 4,508 USDA - Loan Payments 7 26 2,502 USDA - Other Farm Service 10 23 12,567 USDA - Supp Nutrition Assist Prog (SNAP) 253 1,047 28,214 USDA - Supp Nutrition Assist Prog (WIC) 22 42 1,283 Dept of Commerce (DOC) 35 48 3,431 Dept of Education (ED) 906 1,617 35,818 Dept of Energy (DOE) 121 252 11,009 Dept of Health & Human Serv (HHS) - Misc 55 64 4,592 HHS - Centers for Disease Control (CDC) 47 64 2,967 HHS - Federal Hospital Insr Trust Fund 867 12,876 94,737 HHS - Federal Supple Med Insr Trust Fund 933 17,385 114,440 HHS - Grants to States for Medicaid 4,081 5,362 127,300 HHS - Health Resources & Services Admin 110 171 16,576 HHS - Indian Health Service 6 7 3,063 HHS - Marketplace Payments 0 0 16,069 HHS - Medicare Prescription Drugs 0 8,186 34,034 HHS - National Institutes of Health 77 136 8,777 HHS - Other Public Health Services 52 64 2,031 HHS - Othr Admin for Children & Families 76 115 6,335 HHS - Othr Cent Medicare & Medicaid Serv 197 273 9,285 HHS - Payments to States 57 106 5,969 HHS - Temp Assistance for Needy Families 46 61 3,373 Dept of Homeland Security (DHS) - misc 63 65 3,407 DHS - Customs & Border Protection (CBP) 1 5 1,667 DHS - Fed Emergency Mgmt Agency (FEMA) 88 104 6,228 DHS - Transportation Security Admn (TSA) 32 32 313 Dept of Labor (DOL) - misc 31 78 4,556 DOL - Pension Benefit Guaranty Corp. 2 -3 1,655 DOL - Unemployment Benefits 1,789 3,774 82,888 Unemployment Assist - FEMA Lost Wage Pmt 12 23 9,272 Dept of Transportation (DOT) - Misc 16 16 718 DOT - Federal Aviation Administration 36 36 4,215 DOT - Federal Highway Administration 125 182 12,466 DOT - Federal Railroad Administration 3 3 468 DOT - Federal Transit Administration 69 159 5,775 DOT - Office of the Secretary 1 1 196 Dept of Veterans Affairs (VA) 218 494 15,376 VA - Benefits 1/-3 8 39,476 District of Columbia 23 29 129 Environmental Protection Agency (EPA) 7 23 1,621 ESF - Economic Recovery Programs -41,294 -41,117 -40,560 Federal Communications Commission (FCC) 4 3 627 FCC - Universal Service Fund 0 0 2,205 Federal Deposit Insurance Corp (FDIC) 0 1 458 Federal Employees Insurance Payments 235 634 22,722 Federal Salaries (EFT) 76 250 57,489 General Services Administration (GSA) 84 622 7,729 Housing and Urban Development programs 101 3,460 21,332 Interest on Treasury Securities 0 141 73,658 IRS - Economic Impact Payments (EFT) 2/-3,770 108,500 109,825 IRS Tax Refunds Business (EFT) 113 113 9,970 IRS Tax Refunds Individual (EFT) 3/2,244 7,135 20,372 Justice Department programs 101 110 4,975 NASA 139 139 5,766 National Credit Union Admin (NCUA) 0 0 1,332 National Science Foundation (NSF) 7 19 1,629 Postal Service Money Orders and Other 170 421 11,263 Public Debt Cash Redemp. (Table III-B) 127,447 169,023 5,151,576 Securities and Exchange Commission (SEC) 2 2 381 Small Business Administration (SBA) 476 703 94,966 Social Security Benefits (EFT) 16 355 268,309 Other Withdrawals: State Department 50 75 3,822 Unclassified 2,525 1,936 77,828 Total, Other Withdrawals 2,575 9,555 214,861 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 100,794 315,045 6,902,003 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 100,794 $ 315,045 $ 6,902,003 Net Change in Operating Cash Balance $ 36,896 $ -128,312 $ -181,422 1/Reported as a negative amount due to a return/reversal of $5 million. 2/Reported as a negative amount due to a return/reversal of $2,244 million for January 4th and $1,526 for January 5th. 3/Refunds from January 4 previously classified as IRS Tax Refunds Individual have been reclassified as IRS - Economic Impact Payments. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, January 5, 2021 (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 $ 70,234 $ 70,233 $ 2,788,099 Cash Management Series 55,000 55,000 1,610,062 Notes 0 -1 1,007,597 Bonds 0 0 165,800 Inflation-Protected Securities Increment -32 -105 8,031 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 10 42 250 Interest Increment 1 314 1,273 Government Account Series 433,599 858,182 27,410,437 Hope Bonds 0 0 0 Domestic Series 0 1 16 Foreign Series 0 0 0 State and Local Series 636 787 38,566 Other 2,148 3,588 101,084 Total Issues $ 561,595 $ 988,042 $ 33,131,215 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 $ 125,231 $ 125,231 $ 4,462,926 Notes 0 0 511,315 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 91 201 2,914 Government Account Series 414,266 868,660 27,226,873 Hope Bonds 0 0 0 Domestic Series 0 35,200 40,203 Foreign Series 0 0 0 State and Local Series 5 4,879 33,479 Other 2,120 3,512 100,737 Total Redemptions $ 541,713 $ 1,037,683 $ 32,378,449 Net Change in Public Debt Outstanding $ 19,882 $ -49,641 $ 752,766 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, January 5, 2021 (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) $ 561,595 $ 988,042 $ 33,131,215 Premium on New Issues 0 0 4,095 Discount on New Issues: Bills (-) 25 25 1,348 Bonds and Notes (-) 0 0 6,163 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 433,599 858,182 27,410,437 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 314 1,273 Inflation-Protected Securities Increment -32 -105 7,710 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 128,002 $ 129,625 $ 5,708,378 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 541,713 $ 1,037,683 $ 32,378,449 Premium on Debt Buyback Operation 0 0 0 Discount on Debt Buyback Operation (-) 0 0 0 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 414,266 868,660 27,226,873 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 127,447 $ 169,023 $ 5,151,576 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, January 5, 2021 (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 $ 21,593,997 $ 21,593,321 $ 21,632,419 $ 21,018,952 Intragovernmental Holdings 6,104,160 6,084,954 6,115,379 5,926,439 Total Public Debt Outstanding 27,698,157 27,678,275 27,747,798 26,945,391 Less: Debt Not Subject to Limit: Other Debt 478 478 478 478 Unamortized Discount 18,624 18,622 18,717 17,271 Federal Financing Bank 7,262 7,262 7,262 7,262 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 $ 27,671,794 $ 27,651,913 $ 27,721,341 $ 26,920,380 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 Tuesday, January 5, 2021 (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 $ 5,866 $ 50,686 $ 679,073 Individual Income Taxes 791 2,004 25,871 Railroad Retirement Taxes 10 20 1,031 Excise Taxes 18 22 14,874 Corporation Income Taxes 40 125 79,547 Federal Unemployment Taxes 5 13 645 Estate and Gift Taxes & Misc IRS Rcpts. 50 93 3,347 Total $ 6,782 $ 52,962 $ 804,389 Cash Federal Tax Deposits: Direct $ 84 $ 165 $ 9,140 Through Depositaries 6,633 49,884 765,803 Total Cash FTD's $ 6,717 $ 50,049 $ 774,943 Inter-agency Transfers 64 2,913 29,446 Total $ 6,782 $ 52,962 $ 804,389 ___________________________________________________________________________________________ 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 Tuesday, January 5, 2021 (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 - Economic Impact Payments (Checks) 0 0 2,145 IRS - Economic Impact Payments (EFT) 2/-3,770 108,500 109,825 IRS Tax Refunds Business (Checks) 917 917 18,221 IRS Tax Refunds Business (EFT) 113 113 9,970 IRS Tax Refunds Individual (Checks) 1,526 3,989 17,921 IRS Tax Refunds Individual (EFT) 3/2,244 7,135 20,372 2/Reported as a negative amount due to a return/reversal of $2,244 million for January 4th and $1,526 for January 5th. 3/Refunds from January 4 previously classified as IRS Tax Refunds Individual have been reclassified as IRS - Economic Impact Payments. 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.