1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, December 16, 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 ___________________________________________________________________________________________ Treasury General Account (TGA) $ 42,111 $ 58,294 $ 213,153 $ 215,160 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 42,111 $ 58,294 $ 213,153 $ 215,160 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, December 16, 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 ___________________________________________________________________________________________ Treasury General Account (TGA): Cash FTD's Received (Table IV) 34,506 257,962 762,909 Commodity Futures Trading Comm (CFTC) 0 1 54 Dept of Agriculture (USDA) - misc 5 125 606 USDA - Commodity Credit Corporation 29 413 1,365 USDA - Federal Crop Insurance Corp Fund 0 2 2,191 USDA - Loan Repayments 21 273 1,676 Dept of Commerce (DOC) 38 227 962 Dept of Education (ED) 357 2,065 7,428 Dept of Energy (DOE) 13 344 2,113 Dept of Health & Human Serv (HHS) - Misc 14 395 2,059 HHS - Marketplace Receipts 0 0 2 HHS - Medicare Premiums 297 1,431 8,661 Dept of Homeland Security (DHS) - misc 21 243 1,180 DHS - Customs and Certain Excise Taxes 120 1,692 20,195 DHS - Fed Emergency Mgmt Agency (FEMA) 7 90 451 DHS - Transportation Security Admn (TSA) 17 31 652 Dept of Interior (DOI) - misc 4 65 364 DOI - Fish and Wildlife and Parks 1 25 120 DOI - Gas and Oil Lease Sales Proceeds 12 80 2,228 DOI - Land and Minerals Management 2 35 137 DOI - Water and Science 3 25 118 Dept of Labor (DOL) - misc 2 15 76 DOL - Pension Benefit Guaranty Corp. 0 12 3,695 Dept of Transportation (DOT) 2 436 1,060 Dept of Veterans Affairs (VA) 29 431 2,007 District of Columbia 0 0 49 Environmental Protection Agency (EPA) 1 17 76 Estate and Gift Taxes 201 1,316 5,098 Export-Import Bank 0 334 485 Farm Credit System Insurance Cor (FCSIC) 0 0 14 Federal Communications Commission (FCC) 1 46 276 FCC - Universal Service Fund 3 735 2,185 Federal Deposit Insurance Corp (FDIC) 0 2 27 Federal Reserve Earnings 0 6,514 21,310 Federal Trade Commission (FTC) 5 30 152 Foreign Military Sales Program 33 3,092 8,188 General Services Administration (GSA) 7 89 380 Housing and Urban Development programs 1 85 469 Independent Agencies - misc 0 29 594 Individual Income and Employment Taxes, Not Withheld 422 5,011 31,918 Judicial Branch - Courts 31 97 797 Justice Department programs 19 243 1,514 Legislative Branch - misc 0 2 7 Legislative Branch - Library of Congress 0 11 23 National Credit Union Admin (NCUA) 4 18 1,143 National Science Foundation (NSF) 0 1 7 Postal Service 425 5,507 22,131 Public Debt Cash Issues (Table III-B) 130,783 782,219 3,983,048 RRB - Natl Railroad Retirement Inv Trust 0 255 255 RRB - Unemployment Insurance 0 1 52 Securities and Exchange Commission (SEC) 5 45 388 Small Business Administration (SBA) 57 623 2,644 Social Security Admin (SSA) - misc 4 42 196 SSA - Supplemental Security Income 0 1 443 State Unemployment Insurance Deposits 12 248 13,487 Unclassified - Deposits 66 1,294 4,082 Other Deposits: Total Other Deposits 0 2,772 19,870 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total TGA Deposits 167,579 1,077,098 4,943,619 Short-Term Cash Investments: Transfers from TGA (Table V) 0 0 0 Total Deposits (excluding transfers) $ 167,579 $ 1,077,098 $ 4,943,619 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, December 16, 2021 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ This Fiscal Withdrawals Today month year to date to date ___________________________________________________________________________________________ Treasury General Account (TGA): Airline Worker Support Extension 0 10 17 Commodity Futures Trading Comm (CFTC) 0 4 21 Coronavirus Relief Fund 4 1,205 4,218 Corporation for Public Broadcasting 0 0 465 Defense Vendor Payments (EFT) 1,894 21,159 79,965 Dept of Agriculture (USDA) - misc 68 1,143 5,320 USDA - Child Nutrition 187 2,252 8,584 USDA - Commodity Credit Corporation 159 1,269 7,006 USDA - Federal Crop Insurance Corp Fund 123 727 4,910 USDA - Loan Payments 66 578 1,901 USDA - Other Farm Service 5 227 846 USDA - Supp Nutrition Assist Prog (SNAP) 484 7,789 35,657 USDA - Supp Nutrition Assist Prog (WIC) 17 275 1,142 Dept of Commerce (DOC) 24 358 2,431 Dept of Education (ED) 996 8,681 44,340 Dept of Energy (DOE) 202 2,024 9,586 Dept of Health & Human Serv (HHS) - Misc 31 1,062 2,929 HHS - Centers for Disease Control (CDC) 121 1,024 4,459 HHS - Federal Hospital Insr Trust Fund 604 18,337 69,729 HHS - Federal Supple Med Insr Trust Fund 779 25,009 93,427 HHS - Grants to States for Medicaid 4,450 32,483 119,061 HHS - Health Resources & Services Admin 402 10,429 22,987 HHS - Indian Health Service 43 605 3,100 HHS - Marketplace Payments 0 0 15,007 HHS - Medicare Prescription Drugs 0 5,392 20,372 HHS - National Institutes of Health 239 1,900 8,033 HHS - Other Public Health Services 29 442 1,941 HHS - Othr Admin for Children & Families 111 1,319 6,409 HHS - Othr Cent Medicare & Medicaid Serv 155 1,778 6,830 HHS - Payments to States 70 1,844 7,434 HHS - Temp Assistance for Needy Families 62 677 3,019 Dept of Homeland Security (DHS) - misc 73 657 2,415 DHS - Customs & Border Protection (CBP) 35 352 1,862 DHS - Fed Emergency Mgmt Agency (FEMA) 125 1,208 6,767 DHS - Transportation Security Admn (TSA) 8 119 430 Dept of Interior (DOI) - misc 44 510 2,557 DOI - Fish and Wildlife and Parks 31 226 879 DOI - Land and Minerals Management 6 94 325 DOI - Water and Science 13 95 387 Dept of Labor (DOL) - misc 82 859 3,512 DOL - Pension Benefit Guaranty Corp. 9 43 1,228 DOL - Unemployment Benefits 124 1,855 10,287 Unemployment Assist - FEMA Lost Wage Pmt 0 4 23 Dept of Transportation (DOT) - Misc 17 229 863 DOT - Federal Aviation Administration 87 890 3,042 DOT - Federal Highway Administration 169 2,152 10,088 DOT - Federal Railroad Administration 0 7 394 DOT - Federal Transit Administration 56 1,203 4,630 Dept of Veterans Affairs (VA) 220 3,115 14,167 VA - Benefits 59 10,274 31,832 District of Columbia 0 11 83 Emergency Capital Investment Program 0 2 4 Emergency Rental Assistance 130 414 3,822 Environmental Protection Agency (EPA) 26 385 1,653 ESF - Economic Recovery Programs 0 -3 -5,609 Export-Import Bank 0 6 72 Farm Credit System Insurance Cor (FCSIC) 0 0 2 Federal Communications Commission (FCC) 2 146 957 FCC - Universal Service Fund 0 120 1,625 Federal Deposit Insurance Corp (FDIC) 3 25 120 Federal Employees Insurance Payments 265 4,313 20,015 Federal Salaries (EFT) 851 9,623 46,544 Federal Trade Commission (FTC) 0 2 49 General Services Administration (GSA) 91 1,408 5,841 Housing and Urban Development programs 151 5,561 17,942 Independent Agencies - misc 23 257 1,049 Interest on Treasury Securities 1 1,299 63,319 IRS - Advanced Child Tax Credit (EFT) 1/-12 13,804 40,948 IRS - Economic Impact Payments (EFT) 0 342 1,837 IRS Tax Refunds Business (EFT) 108 1,538 7,358 IRS Tax Refunds Individual (EFT) 9 1,205 13,354 Judicial Branch - Courts 6 50 340 Justice Department programs 91 934 3,927 Legislative Branch - misc 1 59 312 Legislative Branch - Library of Congress 1 11 167 NASA 153 1,349 4,975 National Credit Union Admin (NCUA) 0 5 30 National Science Foundation (NSF) 26 316 1,482 Postal Service Money Orders and Other 116 1,970 8,842 Public Debt Cash Redemp. (Table III-B) 164,778 880,687 3,636,725 Railroad Retirement Board (RRB) - misc 0 3 12 RRB - Benefit Payments 0 1,148 3,464 Securities and Exchange Commission (SEC) 2 21 247 Small Business Administration (SBA) 2,918 29,237 136,259 Social Security Admin (SSA) - misc 18 221 990 SSA - Benefits Payments 54 64,122 234,159 SSA - Supplemental Security Income 8 4,440 13,413 Transportation Services 0 0 683 Other Withdrawals: State Department 64 692 4,228 TARP 4 4 70 Thrift Savings Plan Transfer 347 13,370 24,631 Unclassified 1,042 16,081 72,394 Total, Other Withdrawals 1,457 49,213 162,821 Transfers to Depositaries 0 0 0 Total TGA Withdrawals 183,762 1,248,141 5,116,668 Short-Term Cash Investments: Transfers to TGA (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 183,762 $ 1,248,141 $ 5,116,668 Net Change in Operating Cash Balance $ -16,183 $ -171,043 $ -173,049 1/Reported as a negative amount due to a return/reversal of $12 million. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, December 16, 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 $ 118,580 $ 477,299 $ 1,927,674 Cash Management Series 0 145,002 965,017 Notes 0 103,269 837,553 Bonds 0 25,269 141,871 Inflation-Protected Securities Increment 454 6,968 15,420 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 91 881 2,251 Interest Increment 3 377 1,106 Government Account Series 631,689 3,035,512 15,774,177 Hope Bonds 0 0 0 Domestic Series 0 0 1 Foreign Series 0 0 0 State and Local Series 10,220 10,220 20,479 Other 1,937 21,177 90,991 Total Issues $ 762,974 $ 3,825,974 $ 19,776,541 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 $ 152,586 $ 805,326 $ 3,003,738 Notes 0 38,000 465,779 Bonds 0 0 30,632 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 47 669 2,260 Government Account Series 299,907 2,647,411 15,363,144 Hope Bonds 0 0 0 Domestic Series 0 0 4,190 Foreign Series 0 0 0 State and Local Series 10,220 15,137 38,591 Other 1,926 21,136 90,843 Total Redemptions $ 464,685 $ 3,527,679 $ 18,999,178 Net Change in Public Debt Outstanding $ 298,290 $ 298,295 $ 777,363 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, December 16, 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) $ 762,974 $ 3,825,974 $ 19,776,541 Premium on New Issues 0 1 3,752 Discount on New Issues: Bills (-) 46 242 661 Bonds and Notes (-) 0 657 6,299 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 631,689 3,035,512 15,774,177 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 377 1,106 Inflation-Protected Securities Increment 454 6,968 15,000 Total Public Debt Cash Issues Deposited in TGA $ 130,783 $ 782,219 $ 3,983,048 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 464,685 $ 3,527,679 $ 18,999,178 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 (-) 299,907 2,646,992 15,362,453 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from TGA $ 164,778 $ 880,687 $ 3,636,725 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, December 16, 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 $ 22,799,217 $ 22,571,131 $ 22,645,912 $ 22,282,900 Intragovernmental Holdings 6,407,065 6,336,861 6,262,075 6,146,018 Total Public Debt Outstanding 29,206,282 28,907,992 28,907,987 28,428,919 Less: Debt Not Subject to Limit: Other Debt 478 478 478 478 Unamortized Discount 20,056 20,023 20,018 20,950 Federal Financing Bank 6,053 6,053 6,053 6,053 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 $ 29,179,694 $ 28,881,438 $ 28,881,438 $ 28,401,438 Statutory Debt Limit 31,381,463 31,381,463 28,881,463 28,401,463 As of December 16, 2021, the debt limit was increased to $31,381,462,788,891.71. From October 14, 2021 to December 15, 2021 the debt limit was $28,881,462,788,891.71. From August 1, 2021 to October 13, 2021, the debt limit was $28,401,462,788,891.71. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Thursday, December 16, 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 $ 31,802 $ 178,367 $ 642,357 Individual Income Taxes 476 5,247 27,645 Railroad Retirement Taxes 51 280 1,146 Excise Taxes 28 3,598 16,267 Corporation Income Taxes 2,449 77,051 100,399 Federal Unemployment Taxes 2 23 767 Estate and Gift Taxes & Misc IRS Rcpts. 7 110 1,282 Total $ 34,815 $ 264,676 $ 789,864 Cash Federal Tax Deposits: Direct $ 104 $ 1,570 $ 6,804 Through Depositaries 34,402 256,391 756,105 Total Cash FTD's $ 34,506 $ 257,962 $ 762,909 Inter-agency Transfers 308 6,714 26,955 Total $ 34,815 $ 264,676 $ 789,864 ___________________________________________________________________________________________ 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, December 16, 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 - Advanced Child Tax Credit (Checks) $ 0 $ 2,208 $ 6,265 IRS - Advanced Child Tax Credit (EFT) 1/-12 13,804 40,948 IRS - Economic Impact Payments (Checks) 0 263 2,075 IRS - Economic Impact Payments (EFT) 0 342 1,837 IRS Tax Refunds Business (Checks) 40 3,368 22,259 IRS Tax Refunds Business (EFT) 108 1,538 7,358 IRS Tax Refunds Individual (Checks) 52 1,514 11,261 IRS Tax Refunds Individual (EFT) 9 1,205 13,354 1/Reported as a negative amount due to a return/reversal of $12 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.