1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, January 8, 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 $ 1,592,940 $ 1,576,756 $ 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 $ 1,592,940 $ 1,576,756 $ 1,728,569 $ 1,781,679 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, January 8, 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) 9,582 78,264 803,159 Deposits by States: Supplemental Security Income 4 16 890 Dept of Agriculture (USDA) - misc 7 83 704 USDA - Commodity Credit Corporation 64 409 2,703 USDA - Federal Crop Insurance Corp Fund 0 0 1,750 USDA - Loan Repayments 16 144 2,401 USDA - Other Farm Service 0 0 0 Dept of Commerce (DOC) 18 67 921 Dept of Education (ED) 130 888 9,330 Dept of Energy (DOE) 6 117 1,938 Dept of Health & Human Serv (HHS) - Misc 30 109 3,974 HHS - Marketplace Receipts 0 0 3 HHS - Medicare Premiums 253 557 10,821 Dept of Homeland Security (DHS) - misc 16 82 1,184 DHS - Customs and Certain Excise Taxes 89 479 23,286 DHS - Fed Emergency Mgmt Agency (FEMA) 6 39 648 DHS - Transportation Security Admn (TSA) 0 2 411 Dept of Labor (DOL) - misc 1 5 84 DOL - Pension Benefit Guaranty Corp. 1 5 4,495 Dept of Transportation (DOT) 1 47 395 Dept of Veterans Affairs (VA) 27 155 2,457 District of Columbia 0 0 69 Environmental Protection Agency (EPA) 4 13 110 Estate and Gift Taxes 0 382 4,996 Federal Communications Commission (FCC) 1/-3 10 5,010 FCC - Universal Service Fund 118 368 2,531 Federal Deposit Insurance Corp (FDIC) 0 0 2,228 Federal Reserve Earnings 0 681 23,734 Foreign Military Sales Program 5 1,810 12,236 General Services Administration (GSA) 4 20 430 Housing and Urban Development programs 32 36 656 Individual Income and Employment Taxes, Not Withheld 1,409 6,193 44,807 Interest recd from cash investments 0 0 0 Justice Department programs 24 115 2,847 National Credit Union Admin (NCUA) 16 18 2,187 National Science Foundation (NSF) 0 4 5 Postal Service 381 2,145 28,571 Public Debt Cash Issues (Table III-B) 1,455 314,603 5,893,356 Securities and Exchange Commission (SEC) 6 16 1,220 Small Business Administration (SBA) 44 265 3,127 State Unemployment Insurance Deposits 24 240 9,313 Unclassified - Deposits 40 386 6,420 Other Deposits: Federal Housing Admin: Note Sales 181 830 6,095 Interior 71 97 681 International Monetary Fund 580 580 833 Seized Assets 131 131 569 Thrift Savings Plan Transfer 74 1,566 17,621 Total Other Deposits 1,036 3,235 30,450 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 14,845 412,010 6,945,857 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 14,845 $ 412,010 $ 6,945,857 1/Reported as a negative amount due to a return/reversal of $5 million. 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, January 8, 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) 799 4,910 100,292 Dept of Agriculture (USDA) - misc 102 392 7,800 USDA - Child Nutrition 82 347 5,750 USDA - Commodity Credit Corporation 112 377 11,973 USDA - Federal Crop Insurance Corp Fund 44 277 4,732 USDA - Loan Payments 19 111 2,587 USDA - Other Farm Service 50 165 12,710 USDA - Supp Nutrition Assist Prog (SNAP) 414 2,074 29,240 USDA - Supp Nutrition Assist Prog (WIC) 15 123 1,364 Dept of Commerce (DOC) 31 160 3,543 Dept of Education (ED) 1,275 6,112 40,313 Dept of Energy (DOE) 164 755 11,511 Dept of Health & Human Serv (HHS) - Misc 71 176 4,705 HHS - Centers for Disease Control (CDC) 36 214 3,118 HHS - Federal Hospital Insr Trust Fund 435 15,116 96,977 HHS - Federal Supple Med Insr Trust Fund 395 19,469 116,525 HHS - Grants to States for Medicaid 1,339 12,603 134,541 HHS - Health Resources & Services Admin 47 335 16,741 HHS - Indian Health Service 28 52 3,108 HHS - Marketplace Payments 0 0 16,069 HHS - Medicare Prescription Drugs 4 8,190 34,038 HHS - National Institutes of Health 110 532 9,173 HHS - Other Public Health Services 23 128 2,094 HHS - Othr Admin for Children & Families 174 503 6,722 HHS - Othr Cent Medicare & Medicaid Serv 28 986 9,998 HHS - Payments to States 44 237 6,100 HHS - Temp Assistance for Needy Families 16 120 3,433 Dept of Homeland Security (DHS) - misc 54 198 3,541 DHS - Customs & Border Protection (CBP) 26 122 1,784 DHS - Fed Emergency Mgmt Agency (FEMA) 141 354 6,478 DHS - Transportation Security Admn (TSA) 6 44 324 Dept of Labor (DOL) - misc 72 261 4,739 DOL - Pension Benefit Guaranty Corp. 2 6 1,665 DOL - Unemployment Benefits 588 6,379 85,494 Unemployment Assist - FEMA Lost Wage Pmt 8 46 9,295 Dept of Transportation (DOT) - Misc 6 38 740 DOT - Federal Aviation Administration 41 201 4,379 DOT - Federal Highway Administration 103 634 12,917 DOT - Federal Railroad Administration 0 4 469 DOT - Federal Transit Administration 59 307 5,923 DOT - Office of the Secretary 3 11 206 Dept of Veterans Affairs (VA) 259 1,226 16,109 VA - Benefits 106 259 39,727 District of Columbia 0 30 130 Environmental Protection Agency (EPA) 18 76 1,674 ESF - Economic Recovery Programs -20,928 -62,045 -61,488 Federal Communications Commission (FCC) 129 138 762 FCC - Universal Service Fund 146 173 2,378 Federal Deposit Insurance Corp (FDIC) 7 14 471 Federal Employees Insurance Payments 153 1,332 23,420 Federal Salaries (EFT) 4,017 4,424 61,662 General Services Administration (GSA) 66 787 7,895 Housing and Urban Development programs 129 3,842 21,713 Interest on Treasury Securities 0 141 73,658 IRS - Economic Impact Payments (EFT) 2/-5 106,713 108,038 IRS Tax Refunds Business (EFT) 16 164 10,022 IRS Tax Refunds Individual (EFT) 0 7,135 20,372 Justice Department programs 201 424 5,289 NASA 25 416 6,043 National Credit Union Admin (NCUA) 0 1 1,332 National Science Foundation (NSF) 20 79 1,690 Postal Service Money Orders and Other 232 1,018 11,860 Public Debt Cash Redemp. (Table III-B) 1,496 370,426 5,352,980 Securities and Exchange Commission (SEC) 3 8 387 Small Business Administration (SBA) 3,391 12,544 106,806 Social Security Benefits (EFT) 57 502 268,457 Other Withdrawals: Library of Congress 346 350 425 State Department 56 226 3,973 TARP 4 4 136 Thrift Savings Plan Transfer 544 800 16,816 Unclassified 1,204 5,864 81,756 Total, Other Withdrawals 2,154 14,740 220,046 Transfers to Depositaries 0 0 0 Total Federal Reserve Account -1,340 547,639 7,134,596 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ -1,340 $ 547,639 $ 7,134,596 Net Change in Operating Cash Balance $ 16,184 $ -135,629 $ -188,739 2/Reported as a negative amount due to a return/reversal of $4 million. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, January 8, 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 $ 0 $ 188,718 $ 2,906,585 Cash Management Series 0 115,001 1,670,063 Notes 0 -1 1,007,597 Bonds 0 0 165,800 Inflation-Protected Securities Increment -30 -195 7,940 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 7 63 270 Interest Increment 3 319 1,277 Government Account Series 416,352 2,110,019 28,662,274 Hope Bonds 0 0 0 Domestic Series 0 1 16 Foreign Series 0 0 0 State and Local Series 13 2,505 40,284 Other 1,435 8,393 105,888 Total Issues $ 417,779 $ 2,424,822 $ 34,567,995 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 $ 303,711 $ 4,641,407 Notes 0 0 511,315 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 47 365 3,079 Government Account Series 416,487 2,119,147 28,477,359 Hope Bonds 0 0 0 Domestic Series 0 53,100 58,103 Foreign Series 0 0 0 State and Local Series 9 4,899 33,499 Other 1,439 8,352 105,577 Total Redemptions $ 417,983 $ 2,489,573 $ 33,830,339 Net Change in Public Debt Outstanding $ -204 $ -64,751 $ 737,656 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, January 8, 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) $ 417,779 $ 2,424,822 $ 34,567,995 Premium on New Issues 0 0 4,095 Discount on New Issues: Bills (-) 0 77 1,399 Bonds and Notes (-) 0 0 6,163 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 416,352 2,110,019 28,662,274 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 319 1,277 Inflation-Protected Securities Increment -30 -195 7,619 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,455 $ 314,603 $ 5,893,356 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 417,983 $ 2,489,573 $ 33,830,339 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 (-) 416,487 2,119,147 28,477,359 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,496 $ 370,426 $ 5,352,980 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, January 8, 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 $ 21,578,440 $ 21,578,760 $ 21,632,419 $ 21,018,952 Intragovernmental Holdings 6,104,607 6,104,491 6,115,379 5,926,439 Total Public Debt Outstanding 27,683,047 27,683,251 27,747,798 26,945,391 Less: Debt Not Subject to Limit: Other Debt 478 478 478 478 Unamortized Discount 18,604 18,628 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 $ 27,656,703 $ 27,656,883 $ 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 Friday, January 8, 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 $ 9,091 $ 76,225 $ 704,612 Individual Income Taxes 1,239 4,992 28,858 Railroad Retirement Taxes 51 84 1,096 Excise Taxes 35 92 14,945 Corporation Income Taxes 165 517 79,940 Federal Unemployment Taxes 8 36 668 Estate and Gift Taxes & Misc IRS Rcpts. 38 312 3,566 Total $ 10,627 $ 82,258 $ 833,685 Cash Federal Tax Deposits: Direct $ 73 $ 491 $ 9,466 Through Depositaries 9,509 77,773 793,692 Total Cash FTD's $ 9,582 $ 78,264 $ 803,159 Inter-agency Transfers 1,045 3,994 30,527 Total $ 10,627 $ 82,258 $ 833,685 ___________________________________________________________________________________________ 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 Friday, January 8, 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 22,704 24,849 IRS - Economic Impact Payments (EFT) 2/-5 106,713 108,038 IRS Tax Refunds Business (Checks) 24 1,006 18,311 IRS Tax Refunds Business (EFT) 16 164 10,022 IRS Tax Refunds Individual (Checks) 31 5,808 19,739 IRS Tax Refunds Individual (EFT) 0 7,135 20,372 2/Reported as a negative amount due to a return/reversal of $4 million. 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.