1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, December 9, 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 $ 1,502,361 $ 1,528,113 $ 1,622,986 $ 1,781,679 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 1,502,361 $ 1,528,113 $ 1,622,986 $ 1,781,679 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, December 9, 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: Cash FTD's Received (Table IV) 8,971 69,500 474,874 Deposits by States: Supplemental Security Income 8 32 597 Dept of Agriculture (USDA) - misc 9 69 483 USDA - Commodity Credit Corporation 37 323 1,636 USDA - Federal Crop Insurance Corp Fund 0 70 1,726 USDA - Loan Repayments 22 197 1,272 USDA - Other Farm Service 0 0 0 Dept of Commerce (DOC) 11 90 627 Dept of Education (ED) 82 940 6,572 Dept of Energy (DOE) 13 86 1,261 Dept of Health & Human Serv (HHS) - Misc 17 521 3,259 HHS - Marketplace Receipts 0 0 1 HHS - Medicare Premiums 21 465 7,173 Dept of Homeland Security (DHS) - misc 16 113 860 DHS - Customs and Certain Excise Taxes 114 732 16,005 DHS - Fed Emergency Mgmt Agency (FEMA) 8 55 473 DHS - Transportation Security Admn (TSA) 1 5 298 Dept of Labor (DOL) - misc 1 8 61 DOL - Pension Benefit Guaranty Corp. 1 4 4,468 Dept of Transportation (DOT) 2 27 276 Dept of Veterans Affairs (VA) 38 241 1,812 District of Columbia 0 1 45 Environmental Protection Agency (EPA) 2 8 67 Estate and Gift Taxes 34 403 3,981 Federal Communications Commission (FCC) 1 33 4,869 FCC - Universal Service Fund 25 288 1,688 Federal Deposit Insurance Corp (FDIC) 0 1 125 Federal Reserve Earnings 2,061 2,224 17,101 Foreign Military Sales Program 4 2,248 7,065 General Services Administration (GSA) 5 27 338 Housing and Urban Development programs 2 46 439 Individual Income and Employment Taxes, Not Withheld 561 2,292 30,980 Interest recd from cash investments 0 0 0 Justice Department programs 9 98 1,641 National Credit Union Admin (NCUA) 0 4 1,817 National Science Foundation (NSF) 0 0 1 Postal Service 449 3,589 20,101 Public Debt Cash Issues (Table III-B) 1,458 486,058 4,034,861 Securities and Exchange Commission (SEC) 7 27 674 Small Business Administration (SBA) 44 337 1,970 State Unemployment Insurance Deposits 23 363 5,723 Unclassified - Deposits 45 349 3,875 Other Deposits: Federal Housing Admin: Note Sales 161 996 4,422 Total Other Deposits 161 1,818 21,875 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 14,261 573,688 4,682,973 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 14,261 $ 573,688 $ 4,682,973 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, December 9, 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 0 51 Coronavirus Relief Fund 0 0 0 Defense Vendor Payments (EFT) 1,633 10,512 68,148 Dept of Agriculture (USDA) - misc 88 791 5,966 USDA - Child Nutrition 101 623 3,846 USDA - Commodity Credit Corporation 104 822 9,899 USDA - Federal Crop Insurance Corp Fund 98 367 3,556 USDA - Loan Payments 27 227 1,753 USDA - Other Farm Service 115 730 10,978 USDA - Supp Nutrition Assist Prog (SNAP) 352 2,630 20,780 USDA - Supp Nutrition Assist Prog (WIC) 17 139 958 Dept of Commerce (DOC) 23 1,654 2,930 Dept of Education (ED) 451 3,205 26,618 Dept of Energy (DOE) 105 948 7,907 Dept of Health & Human Serv (HHS) - Misc 53 381 3,200 HHS - Centers for Disease Control (CDC) 37 342 2,119 HHS - Federal Hospital Insr Trust Fund 826 16,281 70,545 HHS - Federal Supple Med Insr Trust Fund 877 20,662 84,827 HHS - Grants to States for Medicaid 1,848 13,101 91,078 HHS - Health Resources & Services Admin 37 960 5,761 HHS - Indian Health Service 13 153 2,737 HHS - Marketplace Payments 0 0 11,959 HHS - Medicare Prescription Drugs 0 5,350 25,816 HHS - National Institutes of Health 155 947 6,523 HHS - Other Public Health Services 45 193 1,431 HHS - Othr Admin for Children & Families 77 519 4,729 HHS - Othr Cent Medicare & Medicaid Serv 291 767 5,464 HHS - Payments to States 36 822 4,489 HHS - Temp Assistance for Needy Families 10 390 2,407 Dept of Homeland Security (DHS) - misc 63 457 2,600 DHS - Customs & Border Protection (CBP) 14 222 1,253 DHS - Fed Emergency Mgmt Agency (FEMA) 85 440 4,929 DHS - Transportation Security Admn (TSA) 44 93 174 Dept of Labor (DOL) - misc 45 485 3,126 DOL - Pension Benefit Guaranty Corp. 3 32 1,111 DOL - Unemployment Benefits 1,231 9,043 60,673 Unemployment Assist - FEMA Lost Wage Pmt 31 318 8,769 Dept of Transportation (DOT) - Misc 5 73 445 DOT - Federal Aviation Administration 35 288 2,674 DOT - Federal Highway Administration 136 1,279 9,557 DOT - Federal Railroad Administration 5 408 457 DOT - Federal Transit Administration 75 581 3,917 DOT - Office of the Secretary 4 17 142 Dept of Veterans Affairs (VA) 199 1,580 11,244 VA - Benefits 47 9,426 29,840 District of Columbia 0 12 89 Environmental Protection Agency (EPA) 24 185 1,231 ESF - Economic Recovery Programs 0 41 469 Federal Communications Commission (FCC) 5 152 572 FCC - Universal Service Fund 25 96 1,587 Federal Deposit Insurance Corp (FDIC) 5 17 175 Federal Employees Insurance Payments 766 2,374 16,852 Federal Salaries (EFT) 96 2,726 41,170 General Services Administration (GSA) 41 995 5,413 Housing and Urban Development programs 158 4,206 15,852 Interest on Treasury Securities 0 83 62,524 IRS Tax Refunds Business (EFT) 250 921 8,043 IRS Tax Refunds Individual (EFT) 531 1,098 13,612 Justice Department programs 553 954 3,657 NASA 167 770 4,172 National Credit Union Admin (NCUA) 0 2 1,270 National Science Foundation (NSF) 27 122 1,231 Postal Service Money Orders and Other 161 1,206 8,219 Public Debt Cash Redemp. (Table III-B) 1,423 479,176 3,717,245 Securities and Exchange Commission (SEC) 6 20 213 Small Business Administration (SBA) 4,617 13,662 65,716 Social Security Benefits (EFT) 20,133 42,462 206,509 Other Withdrawals: Agency for Internat'l Development 67 338 4,370 Thrift Savings Plan Transfer 227 3,625 10,607 Unclassified 1,288 9,393 56,255 Total, Other Withdrawals 1,582 34,780 159,085 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 40,014 694,314 4,962,291 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 40,014 $ 694,314 $ 4,962,291 Net Change in Operating Cash Balance $ -25,752 $ -120,626 $ -279,318 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, December 9, 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 $ 300,996 $ 2,002,808 Cash Management Series 0 170,006 1,150,028 Notes 0 0 665,534 Bonds 0 0 113,126 Inflation-Protected Securities Increment 21 240 7,615 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 19 135 Interest Increment 2 280 927 Government Account Series 424,091 2,993,994 20,048,740 Hope Bonds 0 0 0 Domestic Series 0 1 12 Foreign Series 0 0 0 State and Local Series 94 3,714 32,954 Other 1,361 11,466 73,172 Total Issues $ 425,572 $ 3,480,716 $ 24,095,052 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 $ 461,866 $ 3,228,945 Notes 0 0 383,322 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 53 395 1,954 Government Account Series 441,847 3,042,752 19,918,122 Hope Bonds 0 0 0 Domestic Series 0 0 5,003 Foreign Series 0 0 0 State and Local Series 0 5,455 25,032 Other 1,370 11,461 72,989 Total Redemptions $ 443,270 $ 3,521,928 $ 23,635,367 Net Change in Public Debt Outstanding $ -17,698 $ -41,212 $ 459,685 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, December 9, 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) $ 425,572 $ 3,480,716 $ 24,095,052 Premium on New Issues 0 0 2,628 Discount on New Issues: Bills (-) 0 144 1,004 Bonds and Notes (-) 0 0 4,788 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 424,091 2,993,994 20,048,740 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 280 927 Inflation-Protected Securities Increment 21 240 7,360 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,458 $ 486,058 $ 4,034,861 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 443,270 $ 3,521,928 $ 23,635,367 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 (-) 441,847 3,042,752 19,918,122 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,423 $ 479,176 $ 3,717,245 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, December 9, 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 $ 21,354,173 $ 21,354,421 $ 21,349,472 $ 21,018,952 Intragovernmental Holdings 6,050,903 6,068,352 6,096,817 5,926,439 Total Public Debt Outstanding 27,405,076 27,422,773 27,446,288 26,945,391 Less: Debt Not Subject to Limit: Other Debt 478 478 478 478 Unamortized Discount 17,928 17,953 18,019 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 $ 27,379,408 $ 27,397,080 $ 27,420,529 $ 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 Wednesday, December 9, 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 $ 8,679 $ 67,475 $ 448,820 Individual Income Taxes 258 1,671 16,436 Railroad Retirement Taxes 2 55 725 Excise Taxes 43 141 9,852 Corporation Income Taxes 435 3,700 18,949 Federal Unemployment Taxes 1 10 592 Estate and Gift Taxes & Misc IRS Rcpts. 60 442 1,583 Total $ 9,479 $ 73,494 $ 496,957 Cash Federal Tax Deposits: Direct $ 101 $ 603 $ 5,697 Through Depositaries 8,870 68,897 469,177 Total Cash FTD's $ 8,971 $ 69,500 $ 474,874 Inter-agency Transfers 508 3,994 22,083 Total $ 9,479 $ 73,494 $ 496,957 ___________________________________________________________________________________________ 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, December 9, 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) $ 67 $ 2,194 $ 14,659 IRS Tax Refunds Business (EFT) 250 921 8,043 IRS Tax Refunds Individual (Checks) 39 743 13,124 IRS Tax Refunds Individual (EFT) 531 1,098 13,612 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.