U.S. DEPARTMENT OF THE TREASURY | BUREAU OF THE FISCAL SERVICE

Monthly Treasury Statement

Receipts and Outlays of the United States Government 

For Fiscal Year 2023 Through July 31, 2023, and Other Periods

Contents 

Summary.................................................................................................................................................................... Page 5

Receipts...................................................................................................................................................................... Page 10

Outlays........................................................................................................................................................................ Page 11

Means of Financing.................................................................................................................................................... Page 25

Receipts/Outlays by Month......................................................................................................................................... Page 35

Federal Trust Funds/ Securities.................................................................................................................................. Page 37

Receipts by Source/Outlays by Function.................................................................................................................... Page 38

Explanatory Notes....................................................................................................................................................... Page 39

Introduction

 The Monthly Treasury Statement of Receipts and Outlays of the United States Government (MTS) is prepared by the Bureau 

of the Fiscal Service, Department of the Treasury and, after approval by the Fiscal Assistant Secretary of the Treasury, is 

normally released on the 8th workday of the month following the reporting month. The publication is based on data provided 

by Federal entities, disbursing officers, and Federal Reserve banks.

AUDIENCE 

 The MTS is published to meet the needs of those responsible for or interested in the cash position of the Treasury, those who 

are responsible or interested in the Government's budget results; and individuals and businesses whose operations depend 

upon or are related to the Government's financial operations. 

DISCLOSURE STATEMENT 

 This statement summarizes the financial activities of the Federal Government and off-budget Federal entities conducted in 

accordance with the Budget of the U.S. Government, i.e., receipts and outlays of funds, the surplus or deficit, and the means 

of financing the deficit or disposing of the surplus. Information is presented on a modified cash basis; receipts are accounted 

for on the basis of collections; refunds of receipts are treated as deductions from gross receipts; revolving and management 

fund receipts, reimbursements and refunds of monies previously expended are treated as deductions from gross outlays; and 

interest on the public debt (public issues) is recognized on the accrual basis. Major information sources include accounting data 

reported by Federal entities, disbursing officers, and Federal Reserve banks. 

TRIAD OF PUBLICATIONS 

 The MTS is part of a triad of Treasury financial reports. The Daily Treasury Statement is published each working day of the 

Federal Government. It provides data on the cash and debt operations of the Treasury based upon reporting of the Treasury account 

balances by Federal Reserve banks. The MTS is a report of Government receipts and outlays, based on agency reporting. The 

Combined Statement of Receipts, Outlays, and Balances of the United States Government is the official publication of the detailed 

receipts and outlays of the Government. It is published annually in accordance with legislative mandates given to the Secretary of the 

Treasury. 

DATA SOURCES AND INFORMATION 

 The Explanatory Notes section of this publication provides information concerning the flow of data into the MTS and sources 

of information relevant to the MTS. 

3

Highlight

The budget estimates provided in Tables 2 and 3 are based on the Mid-Session Review of the FY 2024 

Budget, which was released by the Office of Management and Budget on July 28, 2023.

Outlays for military active duty and retirement, veterans benefits, Supplemental Security Income, and 

Medicare payments to health maintenance organizations and prescription drug plans accelerated into

June, because July 1, 2023, the normal payment date, fell on a non-business day. 
4

Receipts by Source: Outlays by Function:

Figure 1. Receipts, Outlays, and Surplus/Deficit for July 2023

Figure 2. Cumulative Receipts, Outlays, and Surplus/Deficit through Fiscal Year 2023

Total Receipts

$3,689 Billion

Total Outlays

$5,302 Billion

Receipts by Source: Outlays by Function:

Source data: Table 9

Total Receipts Total Outlays

$276 Billion $497 Billion

Individual Income Taxes $132 Billion

Corporation Income Taxes 

Miscellaneous 

$7 Billion 

Excise Taxes

$3 Billion 

$14 Billion 

$1 Billion 

$1 Billion

Customs Duties

Estate and Gift Taxes

Social Insurance & Retirement $119 Billion

$86 Billion 

$116 Billion Social Security

Education

$67 Billion 

$67 Billion Net Interest

Health

$56 Billion 

$13 Billion

$221 $43 Billion Billion

Deficit

$21 Billion

National Defense

Income Security

Medicare

Veterans' Benefits & Services

Transportation

Other

$10 Billion

$17 Billion

Social Insurance & Retirement

Individual Income Taxes $1,825 Billion

Corporation Income Taxes 

Deficit

$1,613 Billion

Excise Taxes 

$29 Billion 

$24 Billion 

Estate and Gift Taxes

Miscellaneous 

$67 Billion 

$60 Billion 

Customs Duties

$741 Billion 

$1,122 Billion Social Security

$666 Billion Income Security

Medicare

Health

$666 Billion 

$657 Billion 

$1,363 Billion

$320 Billion

National Defense

$100 Billion

$270 Billion

Veterans' Benefits & Services

Transportation

Other

$561 Billion Net Interest

$286 Billion Education 

$233 Billion
5

Period Receipts Outlays Deficit/Surplus (-)

Table 1. Summary of Receipts, Outlays, and the Deficit/Surplus of the U.S. Government, Fiscal Years 2022 and 2023, by Month

[$ millions]

FY 2022

 October 283,927 448,983 165,055

 November 281,208 472,543 191,335

 December 486,723 508,026 21,303

 January 465,074 346,375

 February 289,857 506,447

 March 315,165 507,799

-118,699

216,590

192,634

 April 863,644 555,429

 May 388,988 455,211

 June 460,757 549,598

 July 269,331 480,383

 August 303,722 523,318

 September 487,723 917,489

-308,215

66,223

88,842

211,052

219,596

429,766

 Year-to-Date 4,896,119 6,271,600 1,375,481

FY 2023

 October 318,500 406,374 87,874

 November 252,111 500,646 248,535

 December 454,942 539,943 85,001

 January 447,288 486,072 38,784

 February 262,114 524,548 262,434

 March 313,240 691,317 378,076

 April 638,520 462,340

 May 307,487 547,835

 June 418,317 646,085

 July 276,161 496,943

-176,181

240,348

227,768

220,782

 Year-to-Date 3,688,681 5,302,103 1,613,422

Note: Details may not add to totals due to rounding.

Classification This

Month

Current

Fiscal Year

to Date

Budget

Estimates Full

Fiscal Year 1

Comparable

Prior Period

Year to Date

(2022)

Budget

Estimates

Next Fiscal

Year (2024) 1

Table 2. Summary of Budget and Off-Budget Results and Financing of the U.S. Government, July 2023 and Other Periods

[$ millions]

Total On-Budget and Off-Budget Results:

 Total Receipts 276,161 3,688,681 4,587,101 4,104,675 5,027,559

 On-Budget Receipts 188,272 2,681,689 3,392,559 3,218,408 3,820,223

 Off-Budget Receipts 87,889 1,006,992 1,194,542 886,266 1,207,336

 Total Outlays 496,943 5,302,103 6,130,105 4,830,793 6,904,768

 On-Budget Outlays 396,383 4,310,104 4,914,584 3,950,917 5,593,840

 Off-Budget Outlays 100,560 991,999 1,215,521 879,876 1,310,928

 Total Surplus (+) or Deficit (-) -220,782 -1,613,422 -1,543,004 -726,119 -1,877,209

 On-Budget Surplus (+) or Deficit (-) -208,111 -1,628,415 -1,522,025 -732,508 -1,773,617

 Off-Budget Surplus (+) or Deficit (-) -12,671 +14,993 -20,979 +6,390 -103,592

 Total On-Budget and Off-Budget Financing 220,782 1,613,422 1,543,004 726,119 1,877,209

Means of Financing:

 Borrowing from the Public 244,163 1,370,466 1,091,957 1,639,224 1,664,030

 Reduction of Operating Cash, Increase (-) 134,165 35,994 -404,113 ......

 By Other Means

-99,434

76,053 108,790 415,053 -508,992 213,179

1 These estimates are based on the FY 2024 Mid-Session Review, released by the

Office of Management and Budget on July 28, 2023.

Note: Details may not add to totals due to rounding.

... No Transactions
6 Source data: Table 1

Receipts Outlays Deficit(-)/Surplus

2022 2023

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

($1,000B)

($600B)

($200B)

$200B

$600B

$1,000B

($600B)

($400B)

($200B)

$0B

$200B

Figure 3. Monthly Receipts, Outlays, and Budget Deficit/Surplus of the U.S. Government, Fiscal Years

2022 and 2023

2022 2023

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

$1,000B

$2,000B

$3,000B

$4,000B

($7,000B)

($5,000B)

($3,000B)

($1,000B)

($1,000B)

$0B

Figure 4. Monthly Receipts, Outlays, and Budget Deficit/Surplus of the U.S. Government, Cumulative,

Fiscal Years 2022 and 2023

Receipts Outlays Deficit(-)/Surplus

$0B

$5,000B
7 Source data: Table 9

$24B$96B$60B

$320B

$1,825B

$1,363B

Fiscal Year 2023 to Date: $3,689B

$3B $8B$1B

$14B

$132B

$119B

Month of July 2023: $276B

Figure 5. Receipts of the U.S. Government, by Source, Fiscal Year 2023

Miscellaneous Receipts

Other

Excise Taxes

Corporation Income Taxes

Individual Income Taxes

Social Insurance and Retirement Receipts

2022 2023

Oct

NovDec

Jan

Feb

Mar

Apr

May

Jun

Jul

AugSep

Oct

NovDec

Jan

Feb

Mar

Apr

May

Jun

Jul

$0B

$100B

$200B

$300B

$400B

$500B

$600B

$700B

$800B

$900B

Receipt Amount

Figure 6. Monthly Receipts of the U.S. Government, by Source, Fiscal Years 2022 and 2023

Miscellaneous Receipts

Other

Excise Taxes

Corporation Income Taxes

Individual Income Taxes

Social Insurance and Retirement Receipts

"Other" Includes: Customs Duties and Estate and Gift Taxes

*Disclaimer: Other category is subject to change due to negative balances held.

Note: Details may not add to totals due to rounding
8

Source data: Table 9

$116B

$21B

$43B

$56B $67B

$67B

$126B

Month of July 2023: $497B

$1,122B

$657B

$666B

$741B

$666B

$561B

$889B

Fiscal Year 2023 to Date: $5,302B

Figure 7. Outlays of the U.S. Government, by Source, Fiscal Year 2023

Social Security Income Security National Defense

Net Interest

Other

Medicare Health

*Disclaimer: Other category is subject to change due to negative balances held.

Figure 8. Monthly Outlays of the U.S. Government, by Source, Fiscal Years 2022 and 2023

2022 2023

Oct

NovDec

Jan

Feb

Mar

Apr

May

Jun

Jul

AugSep

Oct

NovDec

Jan

Feb

Mar

Apr

May

Jun

Jul

$0B

$100B

$200B

$300B

$400B

$500B

$600B

$700B

$800B

$900B

$1,000B

$1,100B

Outlay Amount

Social Security

Medicare

Income Security

Health

National Defense

Net Interest

Other

"Other" Includes: Administration of Justice, Agriculture, Community and Regional Development, Education, Training, Employment, and

Social Services, Energy, General Government, General Science, Space, and Technology, International Affairs, Natural Resources and

Environment, Transportation, Undistributed Offsetting Receipts, Veterans' Benefits and Services.

Note: Details may not add to totals due to rounding
Classification This

Month

Current

Fiscal Year

to Date

Comparable

Prior Period

Year to Date

Budget

Estimates

Full Fiscal

Year 1

Table 3. Summary of Receipts and Outlays of the U.S. Government, July 2023 and Other Periods

[$ millions]

Budget Receipts

 Individual Income Taxes 131,656 1,825,199 2,263,483 2,183,535

 Corporation Income Taxes 14,252 320,145 314,288 521,575

 Social Insurance and Retirement Receipts:

 Employment and General Retirement (Off-Budget) 87,889 1,006,992 886,266 1,194,542

 Employment and General Retirement (On-Budget) 26,406 304,839 285,099 388,410

 Unemployment Insurance 4,101 45,138 57,224 49,109

 Other Retirement 553 5,624 5,181 6,942

 Excise Taxes 742 60,160 67,496 86,379

 Estate and Gift Taxes 1,131 28,961 26,662 34,596

 Customs Duties 6,910 67,334 82,711 82,298

 Miscellaneous Receipts 2,521 24,289 116,264 39,715

 Total Receipts 276,161 3,688,681 4,104,675 4,587,101

 (On-Budget) 188,272 2,681,689 3,218,408 3,392,559

 (Off-Budget) 87,889 1,006,992 886,266 1,194,542

Budget Outlays

 Legislative Branch 522 5,432 4,765 7,192

 Judicial Branch 689 7,378 7,116 9,101

 Department of Agriculture 15,619 198,144 209,776 262,245

 Department of Commerce 985 9,953 10,090 13,918

 Department of Defense--Military Programs 52,665 629,071 589,932 769,665

 Department of Education 82,921 255,215 160,169 -34,126

 Department of Energy 2,664 27,392 20,504 37,202

 Department of Health and Human Services 85,219 1,378,409 1,330,121 1,711,659

 Department of Homeland Security 6,094 74,109 66,760 100,490

 Department of Housing and Urban Development 4,361 44,564 22,311 55,573

 Department of the Interior 1,542 12,605 11,275 19,282

 Department of Justice 2,664 36,603 32,461 48,138

 Department of Labor 5,937 78,975 46,547 85,609

 Department of State 2,319 24,875 24,469 33,566

 Department of Transportation 9,458 85,771 89,400 110,977

 Department of the Treasury:

 Interest on Treasury Debt Securities (Gross) 73,297 725,700 589,480 864,731

 Other 15,687 239,237 443,664 244,554

 Department of Veterans Affairs 12,830 232,349 215,881 304,163

 Corps of Engineers 892 7,640 6,774 8,091

 Other Defense Civil Programs 573 51,720 43,939 67,896

 Environmental Protection Agency 967 8,765 7,542 10,569

 Executive Office of the President 45 435 370 672

 General Services Administration -347 -596 -1,029 531

 International Assistance Programs 2,162 32,481 26,823 43,314

 National Aeronautics and Space Administration 1,754 20,171 18,591 25,409

 National Science Foundation 829 6,898 6,315 9,136

 Office of Personnel Management 10,435 102,285 94,800 124,257

 Small Business Administration 214 25,552 22,590 27,376

 Social Security Administration 115,871 1,168,925 1,060,319 1,413,843

 Independent Agencies 2,921 79,112 25,224 64,977

 Allowances ...... ...... ...... -6,841

 Undistributed Offsetting Receipts:

 Interest -5,616 -154,331 -163,258 -168,978

 Other -9,230 -112,737 -192,928 -134,086

 Total Outlays 496,943 5,302,103 4,830,793 6,130,105

 (On-Budget) 396,383 4,310,104 3,950,917 4,914,584

 (Off-Budget) 100,560 991,999 879,876 1,215,521

 Surplus (+) or Deficit (-) -220,782 -1,613,422 -726,119 -1,543,004

 (On-Budget) -208,111 -1,628,415 -732,509 -1,522,025

 (Off-Budget) -12,671 +14,993 +6,390 -20,979

1 These estimates are based on the FY 2024 Mid-Session Review, released by the Note: Details may not add to totals due to rounding.

Office of Management and Budget on July 28, 2023. ... No Transactions

9
This Month

Receipts Gross

Receipts

Refunds

(Deduct) Receipts

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Receipts

Refunds

(Deduct) Receipts GrossReceipts

Refunds

(Deduct)

Table 4. Receipts of the U.S. Government, July 2023 and Other Periods

[$ millions]

Individual Income Taxes

 Withheld 134,864 1,440,885 1,473,838

 Presidential Election Campaign Fund (**) 22 22

 Other 19,418 735,257 1,010,441

 Total -- Individual Income Taxes 154,282 22,626 131,656 2,176,164 350,965 1,825,199 2,484,302 220,818 2,263,483

Corporation Income Taxes 19,302 5,050 14,252 355,153 35,009 320,145 360,458 46,170 314,288

Social Insurance and Retirement Receipts:

 Employment and General Retirement:

 Federal Old-Age and Survivors Insurance Trust Fund:

 Federal Insurance Contributions Act Taxes 74,355 ...... 74,355 783,935 ...... 783,935 710,562 ...... 710,562

 Self-Employment Contributions Act Taxes 775 ...... 775 39,044 ...... 39,044 38,743 ...... 38,743

 Adjustments Attributable to Prior Years-FICA ...... ...... ...... 39,365 ...... 39,365 7,648 ...... 7,648

 Adjustments Attrbutable to Prior Years-SECA ...... ...... ...... -1,556 ...... -1,556 615 ...... 615

 Total -- Federal Old-Age and Survivors Insurance Trust Fund 75,130 ...... 75,130 860,788 ...... 860,788 757,567 ...... 757,567

 Federal Disability Insurance Trust Fund:

 Federal Insurance Contributions Act Taxes 12,627 ...... 12,627 133,123 ...... 133,123 120,663 ...... 120,663

 Self-Employment Contributions Act Taxes 132 ...... 132 6,631 ...... 6,631 6,580 ...... 6,580

 Adjustments Attributable to Prior Years-FICA ...... ...... ...... 6,684 ...... 6,684 1,320 ...... 1,320

 Adjustments Attributable to Prior Years-SECA ...... ...... ...... -235 ...... -235 136 ...... 136

 Total -- Federal Disability Insurance Trust Fund 12,759 ...... 12,759 146,203 ...... 146,203 128,699 ...... 128,699

 Federal Hospital Insurance Trust Fund:

 Federal Insurance Contributions Act Taxes 25,477 ...... 25,477 277,214 ...... 277,214 253,699 ...... 253,699

 Self-Employment Contributions Act Taxes 364 ...... 364 18,040 ...... 18,040 18,104 ...... 18,104

 Receipts from Railroad Retirement Board ...... ...... ...... 573 ...... 573 505 ...... 505

 Adjustments Attributable to Prior Years-FICA ...... ...... ...... 3,670 ...... 3,670 8,059 ...... 8,059

 Adjustments Attributable to Prior Years-SECA ...... ...... ...... -234 ...... -234 128 ...... 128

 Total -- Federal Hospital Insurance Trust Fund 25,841 ...... 25,841 299,263 ...... 299,263 280,496 ...... 280,496

 Railroad Retirement:

 Rail Pension and Supplemental Annuity 297 (**) 297 3,152 12 3,140 2,728 24 2,705

 Social Security Equivalent Account 267 (**) 267 2,443 6 2,437 1,919 21 1,898

 Total -- Employment and General Retirement 114,295 (**) 114,295 1,311,849 18 1,311,831 1,171,409 44 1,171,365

 Unemployment Insurance:

 Deposits by States 3,264 ...... 3,264 37,067 ...... 37,067 50,682 ...... 50,682

 Federal Unemployment Taxes 787 19 768 7,871 129 7,741 6,389 100 6,289

 Railroad Unemployment Taxes 69 ...... 69 330 ...... 330 254 ...... 254

 Total -- Unemployment Insurance 4,120 19 4,101 45,267 129 45,138 57,325 100 57,224

 Other Retirement:

 Federal Employees' Retirement--Employee Share 551 ...... 551 5,607 ...... 5,607 5,161 ...... 5,161

 Non-Federal Employees Retirement 1 ...... 1 17 ...... 17 20 ...... 20

 Total -- Other Retirement 553 ...... 553 5,624 ...... 5,624 5,181 ...... 5,181

 Total -- Social Insurance and Retirement Receipts 118,968 19 118,948 1,362,740 147 1,362,593 1,233,916 145 1,233,771

Excise Taxes:

 Miscellaneous Excise Taxes 3,449 8,128 -4,679 26,473 16,479 9,994 29,262 5,669 23,593

 Airport and Airway Trust Fund 1,677 ...... 1,677 19,264 45 19,219 5,904 16 5,887

 Highway Trust Fund 3,761 44 3,717 31,050 339 30,711 38,213 337 37,876

 Black Lung Disability Trust Fund 28 ...... 28 237 ...... 237 140 ...... 140

 Total -- Excise Taxes 8,914 8,172 742 77,023 16,863 60,160 73,518 6,022 67,496

Estate and Gift Taxes 1,344 213 1,131 30,423 1,462 28,961 27,375 713 26,662

Customs Duties 7,356 447 6,910 72,724 5,390 67,334 87,585 4,874 82,711

Miscellaneous Receipts:

 Deposit of Earnings, Federal Reserve System 25 ...... 25 581 ...... 581 99,004 ...... 99,004

 Universal Service Fund 664 ...... 664 6,589 ...... 6,589 6,479 ...... 6,479

 All Other 1,836 4 1,833 17,142 23 17,119 10,790 9 10,781

 Total -- Miscellaneous Receipts 2,525 4 2,521 24,312 23 24,289 116,273 9 116,264

Total -- Receipts 312,691 36,530 276,161 4,098,540 409,859 3,688,681 4,383,425 278,751 4,104,675

 Total -- On-Budget 224,802 36,530 188,272 3,091,548 409,859 2,681,689 3,497,159 278,751 3,218,408

 Total -- Off-Budget 87,889 ...... 87,889 1,006,992 ...... 1,006,992 886,266 ...... 886,266

Note: Details may not add to totals due to rounding. (**) Less than absolute value of $500,000

... No Transactions

10
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2023 and Other Periods

[$ millions]

Legislative Branch:

 Senate 98 (**) 98 955 2 954 883 5 878

 House of Representatives 152 (**) 151 1,538 3 1,535 1,380 3 1,378

 Joint Items 1 ...... 1 17 ...... 17 21 ...... 21

 Capitol Police 68 ...... 68 556 ...... 556 443 ...... 443

 Congressional Budget Office 5 ...... 5 53 ...... 53 50 ...... 50

 Architect of the Capitol 51 1 50 859 6 853 607 1 606

 Library of Congress 70 1 69 695 8 687 653 6 647

 Government Publishing Office 9 ...... 9 40 ...... 40 95 ...... 95

 Government Accountability Office 60 ...... 60 659 ...... 659 585 ...... 585

 United States Tax Court 4 ...... 4 47 ...... 47 47 ...... 47

 Other Legislative Branch Agencies 7 ...... 7 66 ...... 66 52 ...... 52

 Proprietary Receipts from the Public ...... 1 -1 ...... 30 -30 ...... 30 -30

 Intrabudgetary Transactions (**) ...... (**) -6 ...... -6 -6 ...... -6

 Total--Legislative Branch 525 4 522 5,480 49 5,432 4,811 46 4,765

Judicial Branch:

 Supreme Court of the United States 10 ...... 10 102 ...... 102 98 ...... 98

 Courts of Appeals, District Courts, and Other Judicial

 Services 664 ...... 664 7,656 ...... 7,656 7,328 ...... 7,328

 Other 17 ...... 17 580 ...... 580 612 ...... 612

 Proprietary Receipts from the Public ...... 14 -14 ...... 127 -127 ...... 120 -120

 Intrabudgetary Transactions 12 ...... 12 -833 ...... -833 -803 ...... -803

 Total--Judicial Branch 703 14 689 7,505 127 7,378 7,236 120 7,116

Department of Agriculture:

 Agricultural Research Service 153 ...... 153 1,453 ...... 1,453 1,343 ...... 1,343

 National Institute of Food and Agriculture:

 Research and Education Activities 76 ...... 76 760 ...... 760 667 ...... 667

 Extension Activities 54 ...... 54 507 ...... 507 455 ...... 455

 Other 10 ...... 10 122 ...... 122 121 ...... 121

 Animal and Plant Health Inspection Service 139 ...... 139 1,541 ...... 1,541 1,540 ...... 1,540

 Food Safety and Inspection Service 98 ...... 98 1,011 ...... 1,011 946 ...... 946

 Agricultural Marketing Service 203 ...... 203 1,743 ...... 1,743 1,568 ...... 1,568

 Risk Management Agency:

 Administrative and Operating Expenses 5 ...... 5 58 ...... 58 58 ...... 58

 Federal Crop Insurance Corporation Fund 1,590 260 1,330 20,908 6,138 14,770 13,093 4,951 8,142

 Farm Service Agency:

 Salaries and Expenses 112 ...... 112 883 ...... 883 864 ...... 864

 USDA Supplemental Assistance (**) ...... (**) 3 ...... 3 2 ...... 2

 Agricultural Disaster Relief Fund (**) ...... (**) (**) ...... (**) (**) ...... (**)

 Commodity Credit Corporation 470 500 -31 11,425 4,566 6,858 11,918 5,026 6,892

 Tobacco Trust Fund (**) ...... (**) 11 ...... 11 1 ...... 1

 Agricultural Credit Insurance Fund 36 18 18 1,575 120 1,455 329 23 306

 Other 28 ...... 28 331 ...... 331 123 ...... 123

 Total--Farm Service Agency 647 518 129 14,228 4,686 9,541 13,237 5,049 8,188

 Natural Resources Conservation Service:

 Conservation Operations 90 ...... 90 716 ...... 716 654 ...... 654

 Farm Security and Rural Investment Programs 213 ...... 213 2,796 ...... 2,796 2,754 ...... 2,754

 Other 25 ...... 25 320 ...... 320 216 ...... 216

 Rural Development 62 ...... 62 182 ...... 182 167 ...... 167

 Rural Housing Service:

 Rural Housing Insurance Fund 6 31 -25 457 315 143 463 297 166

 Rental Assistance Program 120 ...... 120 1,180 ...... 1,180 1,115 ...... 1,115

 Other 24 ...... 24 401 ...... 401 366 ...... 366

 Rural Utilities Service:

 Rural Electrification and Telecommunications Fund 2 1 1 1,528 41 1,487 1,229 168 1,061

 Other 65 2 63 939 19 919 961 36 925

 Foreign Agricultural Service 199 ...... 199 2,001 ...... 2,001 2,116 ...... 2,116

 Food and Nutrition Service:

 Supplemental Nutrition Assistance Program 9,495 ...... 9,495 115,669 ...... 115,669 123,752 ...... 123,752

 Child Nutrition Programs 2,009 ...... 2,009 27,021 ...... 27,021 34,397 ...... 34,397

 Special Supplemental Nutrition Program for Women,

 Infants, and Children (WIC) 511 ...... 511 5,666 ...... 5,666 4,572 ...... 4,572

 Other 51 ...... 51 590 ...... 590 769 ...... 769

 Total--Food and Nutrition Service 12,065 ...... 12,065 148,947 ...... 148,947 163,490 ...... 163,490

11
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2023 and Other Periods - Continued

[$ millions]

Department of Agriculture: - Continued

 Forest Service:

 National Forest System 197 ...... 197 1,891 ...... 1,891 1,537 ...... 1,537

 Capital Improvement and Maintenance 18 ...... 18 147 ...... 147 126 ...... 126

 Wildland Fire Management 301 ...... 301 2,515 ...... 2,515 2,988 ...... 2,988

 Forest Service Permanent Appropriations 22 ...... 22 476 ...... 476 446 ...... 446

 Other 187 ...... 187 1,735 ...... 1,735 1,442 ...... 1,442

 Total--Forest Service 727 ...... 727 6,765 ...... 6,765 6,539 ...... 6,539

 Other 307 2 305 3,136 54 3,082 10,111 58 10,053

 Proprietary Receipts from the Public ...... 488 -488 ...... 2,374 -2,374 (**) 2,902 -2,902

 Intrabudgetary Transactions 41 ...... 41 75 ...... 75 28 ...... 28

 Total--Department of Agriculture 16,922 1,302 15,619 211,771 13,627 198,144 223,237 13,461 209,776

Department of Commerce:

 Economic Development Administration 78 ...... 78 754 ...... 754 777 ...... 777

 Bureau of the Census 147 ...... 147 1,412 ...... 1,412 1,475 ...... 1,475

 International Trade Administration 34 ...... 34 415 ...... 415 447 ...... 447

 National Oceanic and Atmospheric Administration 514 3 512 5,346 36 5,310 5,084 6 5,077

 National Institute of Standards and Technology 107 ...... 107 1,150 ...... 1,150 1,035 ...... 1,035

 National Telecommunications and Information Administration 48 (**) 47 504 (**) 503 1,143 6 1,138

 Other 70 5 66 478 57 421 199 44 155

 Proprietary Receipts from the Public ...... 6 -6 ...... 14 -14 ...... 11 -11

 Intrabudgetary Transactions (**) ...... (**) 5 ...... 5 (**) ...... (**)

 Offsetting Governmental Receipts ...... (**) (**) ...... 3 -3 ...... 2 -2

 Total--Department of Commerce 999 13 985 10,063 110 9,953 10,160 70 10,090

Department of Defense--Military Programs:

 Military Personnel:

 Department of the Army 3,367 ...... 3,367 55,287 ...... 55,287 54,959 ...... 54,959

 Department of the Navy 2,981 ...... 2,981 47,189 ...... 47,189 46,482 ...... 46,482

 Department of the Air Force 1,984 ...... 1,984 36,739 ...... 36,739 36,503 ...... 36,503

 Defense Agencies ...... ...... ...... 10,612 ...... 10,612 10,569 ...... 10,569

 Total--Military Personnel 8,331 ...... 8,331 149,827 ...... 149,827 148,514 ...... 148,514

 Operation and Maintenance:

 Department of the Army 5,470 ...... 5,470 57,778 ...... 57,778 54,283 ...... 54,283

 Department of the Navy 6,202 ...... 6,202 61,930 ...... 61,930 56,953 ...... 56,953

 Department of the Air Force 5,754 ...... 5,754 58,104 ...... 58,104 53,657 ...... 53,657

 Defense Agencies 7,136 ...... 7,136 78,377 4 78,373 69,672 (**) 69,671

 Total--Operation and Maintenance 24,562 ...... 24,562 256,190 4 256,186 234,565 (**) 234,564

 Procurement:

 Department of the Army 1,598 ...... 1,598 19,231 ...... 19,231 19,002 ...... 19,002

 Department of the Navy 4,347 ...... 4,347 49,391 ...... 49,391 45,846 ...... 45,846

 Department of the Air Force 3,766 ...... 3,766 41,581 ...... 41,581 37,905 ...... 37,905

 Defense Agencies 611 ...... 611 6,320 ...... 6,320 6,996 ...... 6,996

 Total--Procurement 10,323 ...... 10,323 116,523 ...... 116,523 109,749 ...... 109,749

 Research, Development, Test, and Evaluation:

 Department of the Army 1,351 ...... 1,351 10,262 ...... 10,262 14,325 ...... 14,325

 Department of the Navy 1,934 ...... 1,934 18,714 ...... 18,714 16,271 ...... 16,271

 Department of the Air Force 4,047 ...... 4,047 43,230 ...... 43,230 36,833 ...... 36,833

 Defense Agencies 2,273 ...... 2,273 24,997 ...... 24,997 21,204 ...... 21,204

 Total--Research, Development, Test, and Evaluation 9,606 ...... 9,606 97,204 ...... 97,204 88,632 ...... 88,632

 Military Construction:

 Department of the Army 39 ...... 39 1,371 ...... 1,371 1,508 ...... 1,508

 Department of the Navy 248 ...... 248 3,037 ...... 3,037 2,927 ...... 2,927

 Department of the Air Force 247 ...... 247 2,085 ...... 2,085 1,487 ...... 1,487

 Defense Agencies 243 ...... 243 2,108 ...... 2,108 2,214 ...... 2,214

 Total--Military Construction 777 ...... 777 8,602 ...... 8,602 8,136 ...... 8,136

 Family Housing:

 Department of the Army 43 ...... 43 382 ...... 382 408 ...... 408

 Department of the Navy 48 ...... 48 339 ...... 339 378 ...... 378

 Department of the Air Force 31 ...... 31 367 ...... 367 285 ...... 285

 Defense Agencies 3 ...... 3 43 ...... 43 57 ...... 57

 Revolving and Management Funds:

 Department of the Navy 18 ...... 18 91 ...... 91 155 ...... 155

 Defense Agencies:

12
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2023 and Other Periods - Continued

[$ millions]

Department of Defense--Military Programs: - Continued

 Working Capital Fund -992 ...... -992 240 ...... 240 62 ...... 62

 Other -17 ...... -17 -18 ...... -18 -157 ...... -157

 Trust Funds:

 Department of the Army 3 ...... 3 17 ...... 17 2 ...... 2

 Department of the Navy 3 ...... 3 26 ...... 26 29 ...... 29

 Department of the Air Force (**) ...... (**) 7 ...... 7 4 ...... 4

 Defense Agencies 26 ...... 26 352 ...... 352 446 ...... 446

 Proprietary Receipts from the Public:

 Department of the Army ...... 162 -162 ...... 124 -124 ...... -52 52

 Department of the Navy ...... 12 -12 ...... 102 -102 ...... 126 -126

 Department of the Air Force ...... 12 -12 ...... 94 -94 ...... 73 -73

 Defense Agencies ...... -83 83 ...... 901 -901 ...... 909 -909

 Intrabudgetary Transactions:

 Department of the Army (**) ...... (**) -43 ...... -43 -10 ...... -10

 Department of the Navy -6 ...... -6 -64 ...... -64 -55 ...... -55

 Department of the Air Force 5 ...... 5 235 ...... 235 -193 ...... -193

 Defense Agencies 5 ...... 5 -21 ...... -21 -17 ...... -17

 Offsetting Governmental Receipts:

 Department of the Army ...... (**) (**) ...... 1 -1 ...... 1 -1

 Defense Agencies ...... ...... ...... ...... 1 -1 ...... (**) (**)

 Total--Department of Defense--Military Programs 52,768 103 52,665 630,297 1,227 629,071 590,989 1,057 589,932

Department of Education:

 Office of Elementary and Secondary Education:

 Accelerating Achievement and Ensuring Equity 1,451 ...... 1,451 15,647 ...... 15,647 14,349 ...... 14,349

 Impact Aid 15 ...... 15 1,527 ...... 1,527 1,339 ...... 1,339

 Education Improvement Programs 402 ...... 402 4,727 ...... 4,727 4,391 ...... 4,391

 Other 4,266 ...... 4,266 54,946 ...... 54,946 66,555 ...... 66,555

 Total--Office of Elementary and Secondary Education 6,133 ...... 6,133 76,847 ...... 76,847 86,634 ...... 86,634

 Office of Innovation and Improvement 89 ...... 89 774 ...... 774 633 ...... 633

 Office of English Language Acquisition 53 ...... 53 698 ...... 698 653 ...... 653

 Office of Special Education and Rehabilitative Services:

 Special Education 1,200 ...... 1,200 12,910 ...... 12,910 12,405 ...... 12,405

 Rehabilitation Services and Disability Research 276 ...... 276 2,836 ...... 2,836 2,576 ...... 2,576

 Special Institutions for Persons with Disabilities 24 ...... 24 251 ...... 251 247 ...... 247

 Office of Vocational and Adult Education 136 ...... 136 1,697 ...... 1,697 1,553 ...... 1,553

 Office of Postsecondary Education:

 Higher Education 195 ...... 195 2,344 ...... 2,344 1,990 ...... 1,990

 Other 56 (**) 56 320 (**) 320 237 2 235

 Total--Office of Postsecondary Education 251 (**) 250 2,664 (**) 2,664 2,227 2 2,225

 Office of Federal Student Aid:

 Student Financial Assistance 1,047 ...... 1,047 20,967 ...... 20,967 19,668 ...... 19,668

 Student Aid Administration 145 ...... 145 1,774 ...... 1,774 1,653 ...... 1,653

 Federal Student Loan Reserve Fund 56 ...... 56 56 ...... 56 ...... ...... ......

 Federal Direct Student Loans 70,913 ...... 70,913 137,315 ...... 137,315 45,514 ...... 45,514

 Federal Family Education Loans 2,602 ...... 2,602 8,172 ...... 8,172 12,602 ...... 12,602

 Other 1 (**) 1 65 1 64 107 1 106

 Total--Office of Federal Student Aid 74,764 (**) 74,764 168,348 1 168,347 79,544 1 79,543

 Institute of Education Sciences 68 ...... 68 586 ...... 586 523 ...... 523

 Departmental Management 52 ...... 52 561 ...... 561 524 ...... 524

 Other 2 ...... 2 32 ...... 32 74 ...... 74

 Proprietary Receipts from the Public ...... 130 -130 ...... 13,054 -13,054 ...... 27,521 -27,521

 Intrabudgetary Transactions 2 ...... 2 66 ...... 66 100 ...... 100

 Total--Department of Education 83,051 130 82,921 268,271 13,056 255,215 187,694 27,525 160,169

Department of Energy:

 National Nuclear Security Administration:

 Naval Reactors 129 ...... 129 1,292 ...... 1,292 1,155 ...... 1,155

 Weapons Activities 1,384 ...... 1,384 13,733 ...... 13,733 11,373 ...... 11,373

 Defense Nuclear Nonproliferation 199 ...... 199 2,006 ...... 2,006 1,735 ...... 1,735

 Other 37 ...... 37 414 ...... 414 378 ...... 378

 Environmental and Other Defense Activities:

 Defense Environmental Cleanup 504 ...... 504 6,111 ...... 6,111 5,753 ...... 5,753

 Other Defense Activities 53 ...... 53 807 ...... 807 781 ...... 781

13
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2023 and Other Periods - Continued

[$ millions]

Department of Energy: - Continued

 Defense Nuclear Waste Disposal (**) ...... (**) (**) ...... (**) 1 ...... 1

 Energy Programs:

 Science 565 ...... 565 6,409 ...... 6,409 5,919 ...... 5,919

 Energy Supply 172 ...... 172 1,960 ...... 1,960 1,709 ...... 1,709

 Energy Efficiency and Renewable Energy 206 ...... 206 2,204 ...... 2,204 1,992 ...... 1,992

 Fossil Energy Research and Development 53 ...... 53 603 ...... 603 594 ...... 594

 Uranium Enrichment Decontamination and Decommissioning

 Fund 63 ...... 63 775 ...... 775 715 ...... 715

 Advanced Technology Vehicles Manufacturing Loan Program 1 ...... 1 68 ...... 68 7 ...... 7

 Title 17 Innovative Technology Loan Guarantee Program 6 ...... 6 45 ...... 45 53 ...... 53

 Other -37 37 -73 -4,677 431 -5,108 1,023 130 893

 Total--Energy Programs 1,029 37 992 7,387 431 6,956 12,012 130 11,882

 Power Marketing Administration 260 348 -88 4,358 3,758 600 3,525 3,671 -147

 Departmental Administration 27 ...... 27 316 ...... 316 204 ...... 204

 Proprietary Receipts from the Public ...... 458 -458 ...... 2,828 -2,828 ...... 10,647 -10,647

 Intrabudgetary Transactions -115 ...... -115 -2,015 ...... -2,015 -1,963 ...... -1,963

 Total--Department of Energy 3,507 843 2,664 34,409 7,017 27,392 34,952 14,448 20,504

Department of Health and Human Services:

 Food and Drug Administration 437 (**) 437 2,726 7 2,719 3,522 7 3,514

 Health Resources and Services Administration 1,110 ...... 1,110 13,121 ...... 13,121 13,032 ...... 13,032

 Indian Health Service 295 ...... 295 6,317 ...... 6,317 5,669 ...... 5,669

 Centers for Disease Control and Prevention 954 ...... 954 9,734 ...... 9,734 13,707 ...... 13,707

 National Institutes of Health 3,818 ...... 3,818 37,785 ...... 37,785 33,734 ...... 33,734

 Substance Abuse and Mental Health Services Administration 646 ...... 646 6,747 ...... 6,747 5,901 ...... 5,901

 Agency for Healthcare Research and Quality 34 ...... 34 285 ...... 285 274 ...... 274

 Centers for Medicare and Medicaid Services:

 Grants to States for Medicaid 47,067 ...... 47,067 518,471 ...... 518,471 489,142 ...... 489,142

 Payments to Health Care Trust Funds 37,650 ...... 37,650 401,567 ...... 401,567 390,390 ...... 390,390

 Children's Health Insurance Fund 1,329 ...... 1,329 14,112 ...... 14,112 13,827 ...... 13,827

 State Grants and Demonstrations 21 ...... 21 362 ...... 362 279 ...... 279

 Federal Hospital Insurance Trust Fund:

 Benefit Payments 16,339 ...... 16,339 319,448 ...... 319,448 304,358 ...... 304,358

 Administrative Expenses 303 ...... 303 3,200 ...... 3,200 2,779 ...... 2,779

 Total--Federal Hospital Insurance Trust Fund 16,641 ...... 16,641 322,649 ...... 322,649 307,137 ...... 307,137

 Health Care Fraud and Abuse Control 237 ...... 237 1,922 ...... 1,922 1,828 ...... 1,828

 Federal Supplementary Medical Insurance Trust Fund:

 Benefit Payments 17,516 ...... 17,516 386,993 ...... 386,993 367,183 ...... 367,183

 Administrative Expenses 325 ...... 325 3,483 ...... 3,483 3,248 ...... 3,248

 Medicare Prescription Drugs:

 Benefit Payments 49 ...... 49 88,714 ...... 88,714 91,709 ...... 91,709

 Total--Federal Supplementary Medical Insurance Trust

 Fund 17,890 ...... 17,890 479,190 ...... 479,190 462,140 ...... 462,140

 Other 42 ...... 42 6,290 ...... 6,290 4,195 ...... 4,195

 Total--Centers for Medicare and Medicaid Services 120,878 ...... 120,878 1,744,562 ...... 1,744,562 1,668,938 ...... 1,668,938

 Administration for Children and Families:

 Temporary Assistance for Needy Families 1,343 ...... 1,343 13,679 ...... 13,679 12,600 ...... 12,600

 Contingency Fund 40 ...... 40 532 ...... 532 518 ...... 518

 Payments to States for Child Support Enforcement and

 Family Support Programs 308 ...... 308 3,372 ...... 3,372 2,961 ...... 2,961

 Low Income Home Energy Assistance 367 ...... 367 5,153 ...... 5,153 5,868 ...... 5,868

 Refugee and Entrant Assistance 492 ...... 492 5,863 ...... 5,863 5,240 ...... 5,240

 Child Care Entitlement to States 283 ...... 283 2,964 ...... 2,964 2,520 ...... 2,520

 Payments to States for the Child Care and Development

 Block Grant 1,859 ...... 1,859 18,510 ...... 18,510 19,190 ...... 19,190

 Social Services Block Grant 150 ...... 150 1,359 ...... 1,359 1,216 ...... 1,216

 Children and Families Services Programs 1,050 ...... 1,050 12,306 ...... 12,306 11,426 ...... 11,426

 Payments to States for Foster Care and Adoption

 Assistance 1,021 ...... 1,021 8,528 ...... 8,528 7,691 ...... 7,691

 Other 42 ...... 42 529 ...... 529 557 ...... 557

 Total--Administration for Children and Families 6,954 ...... 6,954 72,794 ...... 72,794 69,789 ...... 69,789

 Administration for Community Living 210 ...... 210 2,385 ...... 2,385 2,225 ...... 2,225

 Departmental Management 1,360 ...... 1,360 31,309 ...... 31,309 84,178 ...... 84,178

14
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2023 and Other Periods - Continued

[$ millions]

Department of Health and Human Services: - Continued

 Other -55 ...... -55 771 ...... 771 758 ...... 758

 Proprietary Receipts from the Public ...... 13,662 -13,662 ...... 147,396 -147,396 ...... 180,770 -180,770

 Intrabudgetary Transactions:

 Payments for Health Insurance for the Aged:

 Federal Supplementary Medical Insurance Trust Fund -37,648 ...... -37,648 -372,095 ...... -372,095 -362,529 ...... -362,529

 Payments for Tax and Other Credits:

 Federal Hospital Insurance Trust Fund -3 ...... -3 -29,482 ...... -29,482 -27,868 ...... -27,868

 Other -109 ...... -109 -1,148 ...... -1,148 -429 ...... -429

 Total--Department of Health and Human Services 98,882 13,663 85,219 1,525,811 147,403 1,378,409 1,510,898 180,777 1,330,121

Department of Homeland Security:

 Departmental Management and Operations 158 ...... 158 1,906 ...... 1,906 1,745 ...... 1,745

 Citizenship and Immigration Services 281 ...... 281 4,090 ...... 4,090 3,615 ...... 3,615

 United States Secret Service 259 ...... 259 2,370 ...... 2,370 2,287 ...... 2,287

 Transportation Security Administration 302 ...... 302 5,515 ...... 5,515 5,410 ...... 5,410

 Immigration and Customs Enforcement 636 ...... 636 7,582 ...... 7,582 7,308 ...... 7,308

 U.S. Customs and Border Protection 1,734 4 1,730 16,568 32 16,536 14,766 25 14,741

 United States Coast Guard 707 ...... 707 9,707 ...... 9,707 8,660 ...... 8,660

 National Protection and Programs Directorate 183 ...... 183 2,117 ...... 2,117 1,640 ...... 1,640

 Federal Emergency Management Agency:

 State and Local Programs ...... ...... ...... ...... ...... ...... 7 ...... 7

 Firefighter Assistance Grants ...... ...... ...... ...... ...... ...... 11 ...... 11

 Disaster Relief 2,264 ...... 2,264 28,915 ...... 28,915 28,911 ...... 28,911

 National Flood Insurance Fund 148 187 -39 5,087 1,256 3,831 1,842 1,657 185

 Other 127 ...... 127 1,121 ...... 1,121 1,036 ...... 1,036

 Total--Federal Emergency Management Agency 2,539 187 2,351 35,123 1,256 33,867 31,807 1,657 30,150

 Science and Technology 78 ...... 78 659 ...... 659 620 ...... 620

 Domestic Nuclear Detection Office 35 ...... 35 366 ...... 366 314 ...... 314

 Other 33 ...... 33 479 ...... 479 493 ...... 493

 Proprietary Receipts from the Public ...... 110 -110 ...... 920 -920 ...... 958 -958

 Intrabudgetary Transactions 298 ...... 298 637 ...... 637 1,711 ...... 1,711

 Offsetting Governmental Receipts ...... 848 -848 ...... 10,803 -10,803 ...... 10,976 -10,976

 Total--Department of Homeland Security 7,243 1,149 6,094 87,119 13,011 74,109 80,375 13,615 66,760

Department of Housing and Urban Development:

 Public and Indian Housing Programs:

 Tenant Based Rental Assistance 2,518 ...... 2,518 24,177 ...... 24,177 21,815 ...... 21,815

 Housing Certificate Fund (**) ...... (**) 3 ...... 3 10 ...... 10

 Public Housing Capital Fund 62 ...... 62 854 ...... 854 1,259 ...... 1,259

 Public Housing Operating Fund 544 ...... 544 5,878 ...... 5,878 4,971 ...... 4,971

 Revitalization of Severely Distressed Public Housing

 (Hope VI) ...... ...... ...... 1 ...... 1 2 ...... 2

 Native American Housing Block Grant 62 ...... 62 841 ...... 841 650 ...... 650

 Other 25 ...... 25 193 ...... 193 156 ...... 156

 Total--Public and Indian Housing Programs 3,211 ...... 3,211 31,947 ...... 31,947 28,862 ...... 28,862

 Community Planning and Development:

 Housing Opportunities for Persons with AIDS 35 ...... 35 314 ...... 314 306 ...... 306

 Community Development Fund 648 ...... 648 7,105 ...... 7,105 6,246 ...... 6,246

 Home Investment Partnership Program 83 ...... 83 832 ...... 832 705 ...... 705

 Neighborhood Stabilization Program (**) ...... (**) 3 ...... 3 11 ...... 11

 Homeless Assistance Grants 279 ...... 279 3,022 ...... 3,022 3,539 ...... 3,539

 Other 36 ...... 36 304 ...... 304 218 ...... 218

 Total--Community Planning and Development 1,082 ...... 1,082 11,580 ...... 11,580 11,026 ...... 11,026

 Housing Programs:

 Credit Accounts:

 FHA-Mutual Mortgage Insurance Fund, Program Account 12 ...... 12 1,941 ...... 1,941 1,243 ...... 1,243

 FHA-Mutual Mortgage Insurance Capital Reserve Account -1,357 ...... -1,357 -12,868 ...... -12,868 -27,481 ...... -27,481

 FHA-Mutual Mortgage and Cooperative Housing Insurance

 Fund, Liquidating Account (**) (**) (**) 1 4 -2 4 6 -2

 FHA-General and Special Risk Fund, Program Account ...... ...... ...... 694 ...... 694 639 ...... 639

 FHA-General and Special Risk Fund, Liquidating Account 7 11 -4 73 132 -59 89 248 -159

 Housing for the Elderly or Handicapped Fund,

 Liquidating Account (**) 7 -7 2 90 -88 3 100 -97

 HUD Project-Based Rental Assistance 1,228 ...... 1,228 12,018 ...... 12,018 11,560 ...... 11,560

15
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2023 and Other Periods - Continued

[$ millions]

Department of Housing and Urban Development: - Continued

 Housing for the Elderly 57 ...... 57 724 ...... 724 651 ...... 651

 Housing for Persons with Disabilities 19 ...... 19 184 ...... 184 182 ...... 182

 Other Assisted Housing Programs 3 ...... 3 35 ...... 35 42 ...... 42

 Other 5 1 4 48 20 27 34 19 15

 Total--Housing Programs -25 19 -44 2,851 246 2,605 -13,035 373 -13,408

 Government National Mortgage Association:

 Guarantees of Mortgage-Backed Securities -65 1 -65 -1,264 5 -1,269 -1,001 (**) -1,001

 Management and Administration 169 ...... 169 1,758 ...... 1,758 1,687 ...... 1,687

 Other 23 ...... 23 274 ...... 274 186 ...... 186

 Proprietary Receipts from the Public:

 FHA-General and Special Risk Fund ...... 12 -12 ...... 1,872 -1,872 ...... 4,198 -4,198

 Other ...... 2 -2 ...... 444 -444 ...... 822 -822

 Intrabudgetary Transactions (**) ...... (**) -4 ...... -4 -4 ...... -4

 Offsetting Governmental Receipts ...... 1 -1 ...... 11 -11 ...... 15 -15

 Total--Department of Housing and Urban Development 4,396 35 4,361 47,142 2,578 44,564 27,720 5,409 22,311

Department of the Interior:

 Land and Minerals Management:

 Bureau of Land Management:

 Management of Lands and Resources 89 ...... 89 1,082 ...... 1,082 1,026 ...... 1,026

 Other 39 4 35 345 63 282 356 46 309

 Bureau of Ocean Energy Management 12 ...... 12 138 ...... 138 122 ...... 122

 Office of Surface Mining Reclamation and Enforcement 32 ...... 32 665 ...... 665 697 ...... 697

 Total--Land and Minerals Management 172 4 168 2,230 63 2,167 2,200 46 2,154

 Water and Science:

 Bureau of Reclamation:

 Water and Related Resources 194 ...... 194 1,452 ...... 1,452 1,003 ...... 1,003

 Other 36 17 20 475 199 276 457 166 291

 Central Utah Project 1 ...... 1 27 ...... 27 70 ...... 70

 United States Geological Survey 84 ...... 84 1,220 ...... 1,220 1,060 ...... 1,060

 Total--Water and Science 315 17 298 3,174 199 2,975 2,589 166 2,424

 Fish and Wildlife and Parks:

 United States Fish and Wildlife Service 243 ...... 243 2,978 ...... 2,978 2,736 ...... 2,736

 National Park Service 348 (**) 348 3,334 1 3,333 3,106 1 3,106

 Total--Fish and Wildlife and Parks 591 (**) 591 6,312 1 6,311 5,842 1 5,842

 Indian Affairs:

 Bureau of Indian Affairs and Bureau of Indian Education 194 (**) 194 2,485 (**) 2,485 3,530 (**) 3,530

 Total--Indian Affairs 194 (**) 194 2,485 (**) 2,485 3,530 (**) 3,530

 Departmental Offices:

 Mineral Leasing and Associated Payments 248 ...... 248 3,709 ...... 3,709 3,149 ...... 3,149

 Other 20 ...... 20 609 ...... 609 526 ...... 526

 Insular Affairs 24 ...... 24 286 ...... 286 285 ...... 285

 Office of the Special Trustee for American Indians 10 ...... 10 94 ...... 94 91 ...... 91

 Department-Wide Programs 624 ...... 624 2,703 ...... 2,703 1,548 ...... 1,548

 Total--Departmental Offices 925 ...... 925 7,401 ...... 7,401 5,599 ...... 5,599

 Other 289 ...... 289 2,570 ...... 2,570 2,163 ...... 2,163

 Proprietary Receipts from the Public ...... 854 -854 ...... 10,430 -10,430 ...... 10,248 -10,248

 Intrabudgetary Transactions -70 ...... -70 -870 4 -873 -189 (**) -189

 Total--Department of the Interior 2,417 875 1,542 23,302 10,697 12,605 21,736 10,461 11,275

Department of Justice:

 General Administration 82 ...... 82 1,157 ...... 1,157 1,080 ...... 1,080

 Legal Activities and U.S. Marshals:

 General Legal Activities 222 ...... 222 5,080 ...... 5,080 2,096 ...... 2,096

 United States Attorneys 187 ...... 187 2,123 ...... 2,123 1,985 ...... 1,985

 United States Marshals Service 128 ...... 128 1,349 ...... 1,349 1,273 ...... 1,273

 Assets Forfeiture Fund 62 ...... 62 1,131 ...... 1,131 930 ...... 930

 Other 226 ...... 226 2,361 ...... 2,361 2,263 ...... 2,263

 Federal Bureau of Investigation 830 ...... 830 8,955 ...... 8,955 8,469 ...... 8,469

 Drug Enforcement Administration 224 ...... 224 2,421 ...... 2,421 2,443 ...... 2,443

 Bureau of Alcohol, Tobacco, Firearms, and Explosives 124 ...... 124 1,304 ...... 1,304 1,234 ...... 1,234

 Federal Prison System 575 38 536 7,223 377 6,847 6,440 86 6,354

 Office of Justice Programs:

 State and Local Law Enforcement Assistance 127 ...... 127 1,593 ...... 1,593 1,122 ...... 1,122

16
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2023 and Other Periods - Continued

[$ millions]

Department of Justice: - Continued

 Community Oriented Policing Services 35 ...... 35 275 ...... 275 176 ...... 176

 Crime Victims Fund 170 ...... 170 1,872 ...... 1,872 2,206 ...... 2,206

 Other 121 ...... 121 878 ...... 878 866 ...... 866

 Other 50 ...... 50 631 ...... 631 680 ...... 680

 Proprietary Receipts from the Public ...... 26 -26 ...... 157 -157 ...... 113 -113

 Intrabudgetary Transactions -356 ...... -356 -557 ...... -557 34 ...... 34

 Offsetting Governmental Receipts ...... 78 -78 ...... 660 -660 ...... 637 -637

 Total--Department of Justice 2,807 143 2,664 37,798 1,195 36,603 33,298 836 32,461

Department of Labor:

 Employment and Training Administration:

 Training and Employment Services 316 ...... 316 3,035 ...... 3,035 2,848 ...... 2,848

 Office of Job Corps 143 ...... 143 1,477 ...... 1,477 1,348 ...... 1,348

 Community Service Employment for Older Americans 24 ...... 24 315 ...... 315 317 ...... 317

 Federal Unemployment Benefits and Allowances 9 ...... 9 159 ...... 159 198 ...... 198

 Federal Additional Unemployment Compensation

 Program-Recovery Act -421 ...... -421 -522 ...... -522 3,601 ...... 3,601

 State Unemployment Insurance and Employment Service

 Operations -71 ...... -71 78 ...... 78 402 ...... 402

 Payments to the Unemployment Trust Fund ...... ...... ...... 325 ...... 325 975 ...... 975

 Program Administration 8 ...... 8 95 ...... 95 96 ...... 96

 Unemployment Trust Fund:

 Federal-State Unemployment Insurance:

 State Unemployment Benefits 2,639 ...... 2,639 24,809 ...... 24,809 23,016 ...... 23,016

 State Administrative Expenses 377 ...... 377 3,685 ...... 3,685 4,506 ...... 4,506

 Federal Administrative Expenses 28 ...... 28 464 ...... 464 393 ...... 393

 Other 49 ...... 49 127 ...... 127 141 ...... 141

 Total--Unemployment Trust Fund 3,093 ...... 3,093 29,085 ...... 29,085 28,056 ...... 28,056

 Other ...... ...... ...... -12 ...... -12 217 ...... 217

 Total--Employment and Training Administration 3,102 ...... 3,102 34,034 ...... 34,034 38,057 ...... 38,057

 Pension Benefit Guaranty Corporation 2,937 886 2,051 48,042 7,475 40,567 12,715 8,071 4,645

 Office of Workers' Compensation Programs:

 Special Benefits 266 ...... 266 188 ...... 188 -47 ...... -47

 Energy Employees Occupational Illness Compensation Fund 195 ...... 195 1,745 ...... 1,745 1,474 ...... 1,474

 Special Benefits for Disabled Coal Miners 3 ...... 3 36 ...... 36 40 ...... 40

 Black Lung Disability Trust Fund 15 ...... 15 157 ...... 157 158 ...... 158

 Other 21 ...... 21 285 ...... 285 274 ...... 274

 Wage and Hour Division 20 ...... 20 258 ...... 258 253 ...... 253

 Occupational Safety and Health Administration 45 ...... 45 553 ...... 553 516 ...... 516

 Mine Safety and Health Administration 25 ...... 25 314 ...... 314 295 ...... 295

 Bureau of Labor Statistics 39 ...... 39 484 ...... 484 486 ...... 486

 Departmental Management 132 ...... 132 583 ...... 583 483 ...... 483

 Other 24 ...... 24 315 ...... 315 307 ...... 307

 Proprietary Receipts from the Public ...... 1 -1 ...... 7 -7 ...... 20 -20

 Intrabudgetary Transactions (**) ...... (**) -536 ...... -536 -373 ...... -373

 Total--Department of Labor 6,824 886 5,937 86,457 7,482 78,975 54,638 8,091 46,547

Department of State:

 Administration of Foreign Affairs:

 Diplomatic and Consular Programs 672 ...... 672 8,144 ...... 8,144 7,661 ...... 7,661

 Educational and Cultural Exchange Programs 72 ...... 72 693 ...... 693 585 ...... 585

 Embassy Security, Construction, and Maintenance 270 ...... 270 1,423 ...... 1,423 1,307 ...... 1,307

 Payment to Foreign Service Retirement and Disability

 Fund ...... ...... ...... 159 ...... 159 159 ...... 159

 Foreign Service Retirement and Disability Fund 97 ...... 97 950 ...... 950 885 ...... 885

 Other 580 ...... 580 4,342 ...... 4,342 3,490 ...... 3,490

 Total--Administration of Foreign Affairs 1,691 ...... 1,691 15,712 ...... 15,712 14,086 ...... 14,086

 International Organizations and Conferences 30 ...... 30 1,875 ...... 1,875 2,009 ...... 2,009

 Global Health and Child Survival 514 ...... 514 6,178 ...... 6,178 7,047 ...... 7,047

 Migration and Refugee Assistance 417 ...... 417 4,201 ...... 4,201 3,533 ...... 3,533

 International Narcotics Control and Law Enforcement 89 ...... 89 1,009 ...... 1,009 968 ...... 968

 Andean Counterdrug Programs ...... ...... ...... (**) ...... (**) ...... ...... ......

 Other 96 ...... 96 706 ...... 706 628 ...... 628

 Proprietary Receipts from the Public ...... 446 -446 ...... 4,653 -4,653 ...... 3,201 -3,201

 Intrabudgetary Transactions -74 ...... -74 -153 ...... -153 -601 ...... -601

 Total--Department of State 2,765 446 2,319 29,529 4,653 24,875 27,669 3,201 24,469

17
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2023 and Other Periods - Continued

[$ millions]

Department of Transportation:

 Office of the Secretary 191 ...... 191 1,268 ...... 1,268 1,321 ...... 1,321

 Federal Aviation Administration:

 Operations 68 ...... 68 1,048 ...... 1,048 2,061 ...... 2,061

 Airport and Airway Trust Fund:

 Grants-In-Aid for Airports 314 ...... 314 3,563 ...... 3,563 4,757 ...... 4,757

 Facilities and Equipment 235 ...... 235 2,491 ...... 2,491 2,484 ...... 2,484

 Research, Engineering, and Development 24 ...... 24 178 ...... 178 154 ...... 154

 Trust Fund Share of FAA Operations 900 ...... 900 8,900 ...... 8,900 7,434 ...... 7,434

 Total--Airport and Airway Trust Fund 1,473 ...... 1,473 15,132 ...... 15,132 14,829 ...... 14,829

 Other 308 13 295 3,662 50 3,612 2,200 27 2,172

 Total--Federal Aviation Administration 1,849 13 1,836 19,842 50 19,792 19,090 27 19,062

 Federal Highway Administration:

 Highway Trust Fund:

 Federal-Aid Highways 4,786 ...... 4,786 36,113 ...... 36,113 32,278 ...... 32,278

 Other (**) ...... (**) 5 ...... 5 32 ...... 32

 Other Programs 574 ...... 574 4,495 ...... 4,495 122,493 ...... 122,493

 Total--Federal Highway Administration 5,361 ...... 5,361 40,613 ...... 40,613 154,803 ...... 154,803

 Federal Motor Carrier Safety Administration 56 ...... 56 685 ...... 685 549 ...... 549

 National Highway Traffic Safety Administration 83 ...... 83 1,012 ...... 1,012 915 ...... 915

 Federal Railroad Administration:

 Capital and Debt Service Grants to the National Railroad

 Passenger Corporation ...... ...... ...... (**) ...... (**) (**) ...... (**)

 Other 314 ...... 314 3,595 ...... 3,595 1,130 ...... 1,130

 Total--Federal Railroad Administration 314 ...... 314 3,595 ...... 3,595 1,130 ...... 1,130

 Federal Transit Administration:

 Formula Grants (**) ...... (**) (**) ...... (**) -1 ...... -1

 Capital Investment Grants 100 ...... 100 1,417 ...... 1,417 1,183 ...... 1,183

 Transit Formula Grants 610 ...... 610 7,491 ...... 7,491 5,516 ...... 5,516

 Other 784 ...... 784 9,524 ...... 9,524 22,447 ...... 22,447

 Total--Federal Transit Administration 1,493 ...... 1,493 18,432 ...... 18,432 29,144 ...... 29,144

 Maritime Administration 148 (**) 148 676 6 671 480 5 475

 Other 18 11 7 422 40 382 368 31 337

 Proprietary Receipts from the Public ...... 12 -12 ...... 512 -512 ...... 181 -181

 Intrabudgetary Transactions:

 Payment from the General Fund, Highway Trust Fund ...... ...... ...... ...... ...... ...... -118,000 ...... -118,000

 Other (**) ...... (**) -2 ...... -2 -2 ...... -2

 Offsetting Governmental Receipts ...... 19 -19 ...... 166 -166 ...... 153 -153

 Total--Department of Transportation 9,513 54 9,458 86,544 773 85,771 89,798 398 89,400

Department of the Treasury:

 Departmental Offices:

 Exchange Stabilization Fund ...... 75 -75 5 902 -897 47 96 -49

 Housing and Economic Recovery Programs (**) ...... (**) 1 ...... 1 1 ...... 1

 Troubled Asset Relief Program ...... ...... ...... 115 ...... 115 174 ...... 174

 ESF - Economic Stabilization Program 198 ...... 198 1,238 ...... 1,238 19 ...... 19

 Air Carrier Worker Support (**) ...... (**) 1 ...... 1 22 ...... 22

 Coronavirus Relief Fund 7 ...... 7 954 ...... 954 98,694 ...... 98,694

 Emergency Capital Investment Program 6 ...... 6 159 ...... 159 8,370 ...... 8,370

 Emergency Rental Assistance -63 ...... -63 3,122 ...... 3,122 8,194 ...... 8,194

 Transportation Services (**) ...... (**) -19 ...... -19 688 ...... 688

 Other 382 ...... 382 3,897 ...... 3,897 10,603 ...... 10,603

 Bureau of the Fiscal Service:

 Payment to the Resolution Funding Corporation 216 ...... 216 920 ...... 920 920 ...... 920

 Financial Agent Services 103 ...... 103 942 ...... 942 848 ...... 848

 Claims, Judgements, and Relief Acts 200 ...... 200 1,688 ...... 1,688 2,363 ...... 2,363

 Other 21 (**) 21 4,503 1 4,501 2,308 1 2,307

 Total--Bureau of the Fiscal Service 539 (**) 539 8,053 1 8,051 6,438 1 6,437

 Federal Financing Bank -88 ...... -88 -1,513 ...... -1,513 -1,341 ...... -1,341

 Alcohol and Tobacco Tax and Trade Bureau:

 Salaries and Expenses 10 ...... 10 112 ...... 112 107 ...... 107

 Internal Revenue Collections for Puerto Rico 36 ...... 36 306 ...... 306 366 ...... 366

 Bureau of Engraving and Printing 5 ...... 5 29 ...... 29 -59 ...... -59

18
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2023 and Other Periods - Continued

[$ millions]

Department of the Treasury: - Continued

 United States Mint 400 285 115 4,360 4,306 54 4,317 4,821 -504

 Internal Revenue Service:

 Taxpayer Services 329 ...... 329 3,208 ...... 3,208 2,622 ...... 2,622

 Enforcement 413 ...... 413 4,459 ...... 4,459 4,359 ...... 4,359

 Operations Support 481 ...... 481 4,385 ...... 4,385 4,239 ...... 4,239

 Build America Bond Payments, Recovery Act 157 ...... 157 2,172 ...... 2,172 2,021 ...... 2,021

 Refundable Premium Tax Credits and Cost Sharing

 Reductions 7,639 ...... 7,639 64,669 ...... 64,669 64,222 ...... 64,222

 Payment Where Earned Income Credit Exceeds Liability for

 Tax 480 ...... 480 54,695 ...... 54,695 62,967 ...... 62,967

 Payment Where Child Tax Credit Exceeds Liability for Tax 312 ...... 312 28,231 ...... 28,231 129,278 ...... 129,278

 Payment Where American Opportunity Tax Credit Exceeds

 Liability for Tax 33 ...... 33 2,540 ...... 2,540 3,687 ...... 3,687

 Refunding Internal Revenue Collections, Interest 1,747 ...... 1,747 9,158 ...... 9,158 2,708 ...... 2,708

 Other 13,561 ...... 3,561 2 57,277 2 57,275 47,452 2 47,450

 Total--Internal Revenue Service 15,152 ...... 15,152 230,794 2 230,792 323,554 2 323,553

 Comptroller of the Currency 84 4 81 958 602 356 936 633 303

 Interest on the Public Debt:

 Interest on Treasury Debt Securities (Gross):

 Public Issues (Accrual Basis) 63,293 ...... 63,293 535,719 ...... 535,719 392,137 ...... 392,137

 Special Issues (Cash Basis) 10,004 ...... 10,004 189,981 ...... 189,981 197,343 ...... 197,343

 Total--Interest on Treasury Debt Securities (Gross) 73,297 ...... 73,297 725,700 ...... 725,700 589,480 ...... 589,480

 Total--Interest on the Public Debt 73,297 ...... 73,297 725,700 ...... 725,700 589,480 ...... 589,480

 Other 19 ...... 19 130 ...... 130 117 ...... 117

 Proprietary Receipts from the Public ...... 346 -346 ...... 5,113 -5,113 ...... 10,292 -10,292

 Intrabudgetary Transactions -288 ...... -288 -2,537 ...... -2,537 -1,737 ...... -1,737

 Total--Department of the Treasury 89,694 710 88,984 975,864 10,927 964,937 1,048,990 15,845 1,033,144

Department of Veterans Affairs:

 Joint DOD-VA Medical Facility Demonstration Fund 53 ...... 53 475 ...... 475 438 ...... 438

 Veterans Health Administration:

 Veterans Choice Fund, Veterans Health Administration (**) ...... (**) -32 ...... -32 -11 ...... -11

 Medical Services 8,577 ...... 8,577 81,400 ...... 81,400 71,054 ...... 71,054

 Medical Support and Compliance 778 ...... 778 7,259 ...... 7,259 6,694 ...... 6,694

 Medical Facilities 601 ...... 601 5,633 ...... 5,633 5,622 ...... 5,622

 Other 325 32 293 6,409 317 6,092 6,837 280 6,557

 Benefits Programs:

 Public Enterprise Funds:

 Housing Accounts (**) 1 -1 (**) 4 -3 (**) 4 -4

 Other 73 92 -19 678 1,168 -489 686 1,155 -469

 Compensation and Pensions 808 ...... 808 112,310 ...... 112,310 106,317 ...... 106,317

 Readjustment Benefits 379 ...... 379 9,691 ...... 9,691 9,484 ...... 9,484

 Veterans Housing Benefit Program Fund 20 ...... 20 935 ...... 935 1,943 ...... 1,943

 Insurance Funds:

 National Service Life 11 ...... 11 247 ...... 247 381 ...... 381

 Veterans Special Life 7 1 6 115 33 81 157 42 116

 Other 111 3 109 424 16 408 136 ...... 136

 Total--Benefits Programs 1,409 96 1,313 124,401 1,221 123,180 119,104 1,200 117,904

 Departmental Administration:

 Construction 78 ...... 78 1,087 ...... 1,087 1,048 ...... 1,048

 Information Technology Systems 516 ...... 516 4,415 ...... 4,415 4,446 ...... 4,446

 General Operating Expenses 610 ...... 610 3,339 ...... 3,339 4,067 (**) 4,067

 Other 361 ...... 361 3,624 ...... 3,624 2,790 ...... 2,790

 Proprietary Receipts from the Public:

 National Service Life ...... 1 -1 ...... 15 -15 ...... 15 -15

 Other ...... 348 -348 ...... 4,117 -4,117 ...... 3,898 -3,898

 Intrabudgetary Transactions -2 ...... -2 10 ...... 10 -814 ...... -814

 Total--Department of Veterans Affairs 13,306 476 12,830 238,019 5,670 232,349 221,275 5,393 215,881

Corps of Engineers:

 Construction 297 ...... 297 2,631 ...... 2,631 2,333 ...... 2,333

 Operation and Maintenance 405 ...... 405 2,730 ...... 2,730 2,169 ...... 2,169

 Flood Control and Coastal Emergencies 78 ...... 78 409 ...... 409 371 ...... 371

 Harbor Maintenance Trust Fund ...... ...... ...... 900 ...... 900 1,154 ...... 1,154

19
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2023 and Other Periods - Continued

[$ millions]

Corps of Engineers: - Continued

 Rivers and Harbors Contributed Funds 35 ...... 35 327 ...... 327 391 ...... 391

 Other 133 ...... 133 1,550 ...... 1,550 1,619 ...... 1,619

 Proprietary Receipts from the Public ...... 56 -56 ...... 906 -906 ...... 1,267 -1,267

 Intrabudgetary Transactions (**) ...... (**) (**) ...... (**) 4 ...... 4

 Total--Corps of Engineers 948 56 892 8,546 906 7,640 8,041 1,267 6,774

Other Defense Civil Programs:

 Military Retirement:

 Payment to Military Retirement Fund ...... ...... ...... 120,438 ...... 120,438 114,463 ...... 114,463

 Military Retirement Fund 541 ...... 541 56,210 ...... 56,210 55,116 ...... 55,116

 Retiree Health Care:

 Payment to Department of Defense Medicare-Eligible

 Retiree Health Care Fund ...... ...... ...... 9,981 ...... 9,981 7,503 ...... 7,503

 Department of Defense Medicare-Eligible Retiree Health

 Care Fund 1,311 ...... 1,311 10,163 ...... 10,163 9,757 ...... 9,757

 Educational Benefits 7 ...... 7 142 ...... 142 134 ...... 134

 Other 26 ...... 26 350 ...... 350 276 ...... 276

 Proprietary Receipts from the Public ...... 1 -1 ...... 22 -22 ...... 36 -36

 Intrabudgetary Transactions -1,311 ...... -1,311 -145,540 ...... -145,540 -143,274 ...... -143,274

 Total--Other Defense Civil Programs 575 1 573 51,743 22 51,720 43,975 36 43,939

Environmental Protection Agency:

 Science and Technology 62 ...... 62 616 ...... 616 610 ...... 610

 Environmental Programs and Management 228 ...... 228 2,324 ...... 2,324 2,262 ...... 2,262

 State and Tribal Assistance Grants 495 ...... 495 4,580 ...... 4,580 3,589 ...... 3,589

 Payment to the Hazardous Substance Superfund ...... ...... ...... 1,218 ...... 1,218 4,676 ...... 4,676

 Hazardous Substance Superfund 132 ...... 132 1,314 ...... 1,314 1,141 ...... 1,141

 Other 43 2 41 224 61 162 190 53 138

 Proprietary Receipts from the Public ...... 11 -11 ...... 235 -235 ...... 227 -227

 Intrabudgetary Transactions 22 ...... 22 -1,185 ...... -1,185 -4,624 ...... -4,624

 Offsetting Governmental Receipts ...... 2 -2 ...... 28 -28 ...... 23 -23

 Total--Environmental Protection Agency 982 15 967 9,090 325 8,765 7,844 303 7,542

Executive Office of the President:

 The White House 5 ...... 5 57 ...... 57 58 ...... 58

 Office of Management and Budget 11 ...... 11 98 ...... 98 89 ...... 89

 Unanticipated Needs 4 ...... 4 44 ...... 44 34 ...... 34

 Other 25 ...... 25 236 ...... 236 190 ...... 190

 Proprietary Receipts from the Public ...... (**) (**) ...... (**) (**) ...... (**) (**)

 Intrabudgetary Transactions (**) ...... (**) 1 ...... 1 (**) ...... (**)

 Total--Executive Office of the President 45 (**) 45 435 (**) 435 370 (**) 370

General Services Administration:

 Real Property Activities -46 ...... -46 -645 ...... -645 -807 ...... -807

 Supply and Technology Activities -330 ...... -330 -67 ...... -67 -233 ...... -233

 General Activities 27 ...... 27 270 ...... 270 245 ...... 245

 Proprietary Receipts from the Public ...... -6 6 ...... 139 -139 ...... 222 -222

 Intrabudgetary Transactions -5 ...... -5 -14 ...... -14 -12 ...... -12

 Total--General Services Administration -354 -6 -347 -456 139 -596 -807 222 -1,029

International Assistance Programs:

 Millennium Challenge Corporation 34 ...... 34 573 ...... 573 574 ...... 574

 International Security Assistance:

 Foreign Military Financing Program 123 ...... 123 6,619 ...... 6,619 6,504 ...... 6,504

 Economic Support Fund 307 ...... 307 17,647 ...... 17,647 11,847 ...... 11,847

 Other 180 ...... 180 1,049 23 1,026 801 11 790

 Proprietary Receipts from the Public ...... 219 -219 ...... 219 -219 ...... 184 -184

 Total--International Security Assistance 610 219 391 25,315 242 25,073 19,153 195 18,957

 Multilateral Assistance:

 Contribution to the International Development

 Association ...... ...... ...... 1,430 ...... 1,430 1,301 ...... 1,301

 Other 3 ...... 3 1,308 ...... 1,308 1,498 ...... 1,498

 Total--Multilateral Assistance 3 ...... 3 2,739 ...... 2,739 2,799 ...... 2,799

 Agency for International Development:

 Development Assistance Program 239 ...... 239 2,646 ...... 2,646 2,285 ...... 2,285

 Assistance for Europe, Eurasia and Central Asia 75 ...... 75 830 ...... 830 983 ...... 983

 International Disaster Assistance 1,151 ...... 1,151 8,221 ...... 8,221 4,324 ...... 4,324

20
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2023 and Other Periods - Continued

[$ millions]

International Assistance Programs: - Continued

 Operating Expenses 126 ...... 126 1,360 ...... 1,360 1,244 ...... 1,244

 Other 83 (**) 83 528 (**) 528 209 (**) 209

 Proprietary Receipts from the Public ...... 3 -3 ...... 63 -63 ...... 38 -38

 Intrabudgetary Transactions -2 ...... -2 -1 ...... -1 -2 ...... -2

 Total--Agency for International Development 1,673 3 1,670 13,582 63 13,520 9,042 38 9,005

 Overseas Private Investment Corporation:

 Overseas Private Investment Corporation Accounts (**) ...... (**) 5 (**) 5 3 ...... 3

 Total--Overseas Private Investment Corporation (**) ...... (**) 5 (**) 5 3 ...... 3

 Peace Corps 32 (**) 31 349 (**) 349 289 2 287

 Proprietary Receipts ...... (**) (**) ...... (**) (**) ...... (**) (**)

 Military Sales Program:

 Foreign Military Sales Trust Fund 2,742 ...... 2,742 31,652 ...... 31,652 27,885 ...... 27,885

 Other 8 5 3 166 125 41 62 104 -41

 Proprietary Receipts from the Public ...... 2,681 -2,681 ...... 41,860 -41,860 ...... 32,818 -32,818

 Other 45 76 -31 1,181 791 390 964 793 172

 Total--International Assistance Programs 5,147 2,985 2,162 75,563 43,081 32,481 60,772 33,949 26,823

National Aeronautics and Space Administration:

 Science 561 ...... 561 6,277 ...... 6,277 5,828 ...... 5,828

 Aeronautics 70 ...... 70 681 ...... 681 700 ...... 700

 Exploration 528 ...... 528 5,870 ...... 5,870 5,212 ...... 5,212

 Cross Agency Support 215 ...... 215 2,531 ...... 2,531 2,346 ...... 2,346

 Space Operations 253 ...... 253 3,397 ...... 3,397 3,024 ...... 3,024

 Other 128 ...... 128 1,421 ...... 1,421 1,482 ...... 1,482

 Proprietary Receipts from the Public ...... (**) (**) ...... 3 -3 ...... 1 -1

 Intrabudgetary Transactions (**) ...... (**) -3 ...... -3 (**) ...... (**)

 Total--National Aeronautics and Space Administration 1,754 (**) 1,754 20,174 3 20,171 18,592 1 18,591

National Science Foundation:

 Research and Related Activities 680 ...... 680 5,494 ...... 5,494 5,075 ...... 5,075

 Education and Human Resources 99 ...... 99 928 ...... 928 770 ...... 770

 Other 51 ...... 51 496 ...... 496 483 ...... 483

 Proprietary Receipts from the Public ...... 1 -1 ...... 20 -20 ...... 13 -13

 Total--National Science Foundation 830 1 829 6,917 20 6,898 6,328 13 6,315

Office of Personnel Management:

 Government Payment for Annuitants, Employees Health and

 Life Insurance Benefits 1,234 ...... 1,234 12,042 ...... 12,042 11,512 ...... 11,512

 Postal Service Retiree Health Benefits Fund 366 ...... 366 3,618 ...... 3,618 3,455 ...... 3,455

 Civil Service Retirement and Disability Fund 9,114 ...... 9,114 86,707 ...... 86,707 80,539 ...... 80,539

 Employees Life Insurance Fund 296 338 -42 3,208 4,039 -831 3,204 3,615 -412

 Employees and Retired Employees Health Benefits Fund 4,946 5,182 -235 53,947 52,491 1,456 50,621 50,290 331

 Other 2 ...... 2 123 ...... 123 315 ...... 315

 Proprietary Receipts from the Public ...... (**) (**) ...... 3 -3 ...... 1 -1

 Intrabudgetary Transactions:

 Postal Service Contributions (**) ...... (**) -791 ...... -791 -907 ...... -907

 Civil Service Retirement and Disability Fund:

 Other -3 ...... -3 -35 ...... -35 -32 ...... -32

 Total--Office of Personnel Management 15,955 5,520 10,435 158,819 56,534 102,285 148,706 53,906 94,800

Small Business Administration:

 Salaries and Expenses 134 ...... 134 -45 ...... -45 580 ...... 580

 Business Loans Program 3 (**) 3 343 1 342 9,857 1 9,856

 Disaster Loans Program 14 (**) 14 29,819 (**) 29,819 16,816 (**) 16,815

 Other 40 2 38 444 21 422 7,235 17 7,218

 Proprietary Receipts from the Public ...... -28 28 ...... 4,971 -4,971 ...... 11,880 -11,880

 Intrabudgetary Transactions -2 ...... -2 -16 ...... -16 1 ...... 1

 Total--Small Business Administration 188 -26 214 30,546 4,993 25,552 34,488 11,898 22,590

Social Security Administration:

 Payments to Social Security Trust Funds 12,990 ...... 12,990 50,748 ...... 50,748 48,466 ...... 48,466

 Supplemental Security Income Program 518 ...... 518 48,558 ...... 48,558 50,529 ...... 50,529

 Federal Old-Age and Survivors Insurance Trust Fund

 (Off-Budget):

 Benefit Payments 102,327 ...... 102,327 986,696 ...... 986,696 881,713 ...... 881,713

 Administrative Expenses 292 ...... 292 3,621 ...... 3,621 3,576 ...... 3,576

 Payment to Railroad Retirement Account ...... ...... ...... 5,576 ...... 5,576 5,316 ...... 5,316

 Total--Federal Old-Age and Survivors Insurance Trust

 Fund (Off-Budget) 102,619 ...... 102,619 995,894 ...... 995,894 890,605 ...... 890,605

21
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2023 and Other Periods - Continued

[$ millions]

Social Security Administration: - Continued

 Federal Disability Insurance Trust Fund (Off-Budget):

 Benefit Payments 12,741 ...... 12,741 124,348 ...... 124,348 118,626 ...... 118,626

 Administrative Expenses 223 ...... 223 2,256 ...... 2,256 2,227 ...... 2,227

 Payment to Railroad Retirement Account ...... ...... ...... 60 ...... 60 156 ...... 156

 Total--Federal Disability Insurance Trust Fund

 (Off-Budget) 12,964 ...... 12,964 126,664 ...... 126,664 121,009 ...... 121,009

 Other 5 ...... 5 146 ...... 146 140 ...... 140

 Proprietary Receipts from the Public:

 On-Budget ...... 232 -232 ...... 2,136 -2,136 ...... 1,949 -1,949

 Off-Budget ...... 2 -2 ...... 20 -20 ...... 17 -17

 Intrabudgetary Transactions:

 Off-Budget 3 -12,990 ...... -12,990 -50,929 ...... -50,929 -48,464 ...... -48,464

 Total--Social Security Administration 116,106 234 115,871 1,171,080 2,156 1,168,925 1,062,285 1,966 1,060,319

Independent Agencies ...... ...... ...... ...... ...... ...... ...... ...... ......

 United States Agency for Global Media 56 (**) 56 692 (**) 692 642 (**) 642

 Bureau of Consumer Financial Protection 47 ...... 47 647 (**) 647 581 ...... 581

 Corporation for National and Community Service 100 (**) 100 779 1 779 892 209 683

 Corporation for Public Broadcasting ...... ...... ...... 535 ...... 535 485 ...... 485

 District of Columbia:

 Courts 28 ...... 28 264 (**) 264 274 ...... 274

 General and Special Payments 72 22 50 628 90 539 620 84 535

 Equal Employment Opportunity Commission 33 1 32 362 4 359 347 2 345

 Export-Import Bank of the United States 12 (**) 12 239 429 -190 376 225 152

 Federal Communications Commission:

 Universal Service Fund 713 ...... 713 6,725 ...... 6,725 6,514 ...... 6,514

 Other 852 2 851 8,165 18 8,147 6,217 35 6,182

 Federal Deposit Insurance Corporation:

 Deposit Insurance Fund -49 ...... -49 45,119 ...... 45,119 -6,516 ...... -6,516

 FSLIC Resolution Fund (**) 4 -4 (**) 35 -35 (**) 4 -4

 Total--Federal Deposit Insurance Corporation -49 4 -53 45,119 35 45,084 -6,516 4 -6,520

 Federal Drug Control Programs 30 ...... 30 360 ...... 360 349 ...... 349

 Federal Housing Finance Agency 32 ...... 32 292 ...... 292 272 ...... 272

 Institute of Museum and Library Services 26 (**) 26 283 (**) 283 285 (**) 285

 Intelligence Community Management Account 51 ...... 51 481 ...... 481 512 ...... 512

 Legal Services Corporation ...... ...... ...... 580 ...... 580 529 ...... 529

 National Archives and Records Administration 31 2 29 358 15 343 345 15 330

 National Credit Union Administration 26 28 -2 1,266 1,654 -388 891 2,910 -2,019

 National Endowment for the Arts 20 (**) 20 189 1 188 189 2 187

 National Endowment for the Humanities 19 ...... 19 201 (**) 201 177 (**) 177

 National Labor Relations Board 21 (**) 21 230 (**) 229 229 (**) 229

 Nuclear Regulatory Commission 70 12 58 725 563 162 718 544 174

 Postal Service:

 Off-Budget:

 Public Enterprise Funds 6,239 6,239 (**) 95,041 91,837 3,205 87,485 86,656 829

 Other ...... ...... ...... 271 ...... 271 282 ...... 282

 Other ...... ...... ...... 50 ...... 50 53 ...... 53

 Railroad Retirement Board:

 Federal Windfall Subsidy 1 ...... 1 7 ...... 7 8 ...... 8

 Federal Payments to the Railroad Retirement Accounts 157 ...... 157 823 ...... 823 786 ...... 786

 Railroad Unemployment Insurance Trust Fund:

 Benefit Payments 4 ...... 4 52 ...... 52 79 ...... 79

 Transfer To Administrative Funds 2 ...... 2 16 ...... 16 17 ...... 17

 Other (**) ...... (**) (**) ...... (**) (**) ...... (**)

 Rail Industry Pension Fund:

 Benefit Payments 478 ...... 478 4,761 ...... 4,761 4,697 ...... 4,697

 OASDI Certifications (**) ...... (**) -3 ...... -3 -1 ...... -1

 Transfer to Administrative Funds 8 ...... 8 83 ...... 83 75 ...... 75

 Other (**) ...... (**) (**) ...... (**) (**) ...... (**)

 National Railroad Retirement Investment Trust:

 Administrative Expenses 4 ...... 4 50 ...... 50 57 ...... 57

 Transfers to the Railroad Retirement Trust Funds from

 the National Railroad Retirement Investment Trust ...... ...... ...... 1,160 ...... 1,160 1,310 ...... 1,310

22
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2023 and Other Periods - Continued

[$ millions]

Independent Agencies - Continued ...... ...... ...... ...... ...... ...... ...... ...... ......

 Railroad Social Security Equivalent Benefit Account:

 Benefit Payments 702 ...... 702 6,980 ...... 6,980 6,572 ...... 6,572

 Transfer To Administrative Funds 2 ...... 2 18 ...... 18 20 ...... 20

 Other (**) ...... (**) -17 ...... -17 -7 ...... -7

 Proprietary Receipts from the Public ...... 846 -846 ...... 1,742 -1,742 ...... -2,478 2,478

 Intrabudgetary Transactions:

 Payments from Other Funds to the Railroad Retirement

 Trust Funds ...... ...... ...... -5,636 ...... -5,636 -5,471 ...... -5,471

 Other -157 ...... -157 -1,986 ...... -1,986 -2,095 ...... -2,095

 Total--Railroad Retirement Board 1,201 846 355 6,311 1,742 4,569 6,046 -2,478 8,524

 Securities and Exchange Commission 182 -9 190 917 (**) 917 1,650 (**) 1,650

 Smithsonian Institution 97 (**) 97 1,141 (**) 1,140 1,037 1 1,036

 Tennessee Valley Authority 3,557 3,590 -33 32,696 32,232 464 30,824 30,561 263

 Other 231 39 192 3,205 1,020 2,184 2,868 1,178 1,690

 Total--Independent Agencies 13,699 10,778 2,921 208,753 129,641 79,112 145,171 119,947 25,224

Undistributed Offsetting Receipts:

 Other Interest -1 ...... -1 -6 1 -7 (**) ...... (**)

 Employer Share, Employee Retirement:

 Department of Health and Human Services:

 Federal Hospital Insurance Trust Fund:

 Federal Employer Contributions -394 ...... -394 -3,806 ...... -3,806 -3,670 ...... -3,670

 Postal Service Employer Contributions -65 ...... -65 -596 ...... -596 -513 ...... -513

 Department of State:

 Foreign Service Retirement and Disability Fund -33 ...... -33 -350 ...... -350 -334 ...... -334

 Other Defense Civil Programs:

 Military Retirement Fund -2,486 ...... -2,486 -33,861 ...... -33,861 -32,109 ...... -32,109

 Department of Defense Medicare-Eligible Retiree Health

 Care Fund ...... ...... ...... -10,033 ...... -10,033 -9,609 ...... -9,609

 Office of Personnel Management:

 Civil Service Retirement and Disability Fund -3,857 ...... -3,857 -40,084 ...... -40,084 -38,390 ...... -38,390

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust Fund:

 Federal Employer Contributions -1,633 ...... -1,633 -15,266 ...... -15,266 -14,617 ...... -14,617

 Federal Disability Insurance Trust Fund:

 Federal Employer Contributions -277 ...... -277 -2,591 ...... -2,591 -2,481 ...... -2,481

 Other (**) ...... (**) -2 ...... -2 -4 ...... -4

 Total--Employer Share, Employee Retirement -8,745 ...... -8,745 -106,589 ...... -106,589 -101,727 ...... -101,727

 Interest Received by Trust Funds:

 Judicial Branch:

 Judicial Survivors Annuity Fund -1 ...... -1 -23 ...... -23 -21 ...... -21

 Department of Health and Human Services:

 Federal Hospital Insurance Trust Fund -23 ...... -23 -5,147 ...... -5,147 -3,003 ...... -3,003

 Federal Supplementary Medical Insurance Trust Fund -21 ...... -21 -4,235 ...... -4,235 -3,100 ...... -3,100

 Department of Homeland Security:

 Oil Spill Liability Trust Fund -24 ...... -24 -195 ...... -195 -67 ...... -67

 Other -2 ...... -2 -18 ...... -18 -17 ...... -17

 Department of Labor:

 Unemployment Trust Fund -11 ...... -11 -1,330 ...... -1,330 -970 ...... -970

 Department of State:

 Foreign Service Retirement and Disability Fund (**) ...... (**) -513 ...... -513 -456 ...... -456

 Department of Transportation:

 Airport and Airway Trust Fund -2 ...... -2 -241 ...... -241 -168 ...... -168

 Department of Veterans Affairs:

 National Service Life Insurance Fund (**) ...... (**) -27 ...... -27 -40 ...... -40

 United States Government Life Insurance Fund (**) ...... (**) (**) ...... (**) (**) ...... (**)

 Corps of Engineers -28 ...... -28 -264 ...... -264 -43 ...... -43

 Other Defense Civil Programs:

 Military Retirement Fund -4,773 ...... -4,773 -48,170 ...... -48,170 -65,103 ...... -65,103

 Educational Benefits Fund -2 ...... -2 -20 ...... -20 -40 ...... -40

 Armed Forces Retirement Home -1 ...... -1 -6 ...... -6 (**) ...... (**)

 Environmental Protection Agency -14 ...... -14 -119 ...... -119 -58 ...... -58

 Office of Personnel Management:

 Civil Service Retirement and Disability Fund -2 ...... -2 -23,850 ...... -23,850 -22,296 ...... -22,296

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust Fund -107 ...... -107 -62,044 ...... -62,044 -64,637 ...... -64,637

 Federal Disability Insurance Trust Fund -14 ...... -14 -3,185 ...... -3,185 -2,631 ...... -2,631

23
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2023 and Other Periods - Continued

[$ millions]

Undistributed Offsetting Receipts: - Continued

 Independent Agencies:

 Railroad Retirement Board -6 ...... -6 -24 ...... -24 -34 ...... -34

 Other -2 ...... -2 -25 ...... -25 -7 ...... -7

 Other -584 ...... -584 -4,897 ...... -4,897 -566 ...... -566

 Total--Interest Received by Trust Funds -5,616 ...... -5,616 -154,331 ...... -154,331 -163,258 ...... -163,258

 Rents and Royalties on the Outer Continental Shelf Lands ...... 485 -485 ...... 6,142 -6,142 ...... 10,113 -10,113

 Spectrum Auction Proceeds ...... ...... ...... ...... ...... ...... -81,087 ...... -81,087

 Total--Undistributed Offsetting Receipts -14,361 485 -14,846 -260,926 6,142 -267,068 -346,072 10,113 -356,185

Total Outlays 537,832 40,889 496,943 5,785,664 483,561 5,302,103 5,365,169 534,376 4,830,793

 Total On-Budget 431,032 34,648 396,383 4,701,809 391,705 4,310,104 4,398,620 447,703 3,950,917

 Total Off-Budget 106,801 6,241 100,560 1,083,855 91,857 991,999 966,549 86,673 879,876

Total Surplus (+) or Deficit (-) -220,782 -1,613,422 -726,119

 Total On-Budget -208,111 -1,628,415 -732,508

 Total Off-Budget -12,671 +14,993 +6,390

MEMORANDUM

Receipts Offset Against Outlays (In Millions)

Current Comparable

Fiscal Year to Period Prior

Date Fiscal Year

Proprietary Receipts 254,837 314,358

Intrabudgetary Transactions 877,059 984,069

Governmental Receipts 12,263 93,465

 Total Receipts Offset Against Outlays 1,144,159 1,391,892

1 Includes $81 million for Economic Impact Payments to individuals and families. checks.

2 Includes $1.8 billion for Economic Impact Payments to individuals and families. Note: Details may not add to totals due to rounding.

3 Includes FICA and SECA tax credits, non-contributory military service credits, ... No Transactions

special benefits for the aged and credit for the unnegotiated OASI benefit (**) Less than absolute value of $500,000

24
Assets and Liabilities

This Year This Month

Directly Related to

Budget Off-Budget Activity This Month

Net Transactions

(-) denotes net reduction of either liability or asset accounts

Account Balances

Current Fiscal Year

Close of

This Month

Fiscal Year to Date Beginning of

This Year Prior Year

Table 6. Means of Financing the Deficit or Disposition of Surplus by the U.S. Government, July 2023 and Other Periods

[$ millions]

Liability Accounts:

 Borrowing from the Public:

 Treasury Securities, Issued Under General Financing Authorities:

 Debt Held by the Public 246,801 1,409,607 1,669,679 24,299,192 25,461,997 25,708,798

 Intragovernmental Holdings 29,510 270,067 496,511 6,629,719 6,870,276 6,899,786

 Total Treasury Securities Outstanding 276,311 1,679,673 2,166,190 30,928,912 32,332,274 32,608,585

 Plus Premium on Treasury Securities -606 688 2,497 66,191 67,486 66,879

 Less Discount on Treasury Securities 3,052 80,607 32,615 176,902 254,457 257,509

 Total Treasury Securities Net of Premium and Discount 272,653 1,599,755 2,136,072 30,818,200 32,145,302 32,417,955

 Agency Securities, Issued Under Special Financing Authorities (See

 Schedule B; for Other Agency Borrowing, See Schedule C) -23 491 317 19,353 19,867 19,844

 Total Federal Securities 272,630 1,600,246 2,136,389 30,837,552 32,165,169 32,437,799

 Deduct:

 Federal Securities Held as Investments of Government Accounts

 (See Schedule D) 29,679 271,173 497,967 6,608,706 6,850,199 6,879,879

 Less Discount on Federal Securities Held as Investments of

 Government Accounts 1,212 41,393 802 27,988 68,168 69,381

 Net Federal Securities Held as Investments of Government

 Accounts 28,467 229,780 497,165 6,580,718 6,782,031 6,810,498

 Total Borrowing from the Public 244,163 1,370,466 1,639,224 24,256,835 25,383,138 25,627,301

 Accrued Interest Payable to the Public 12,557 30,270 32,816 81,249 98,962 111,519

 Allocations of Special Drawing Rights 1,478 7,243 -9,794 147,009 152,774 154,253

 Uninvested Balances, Deposit Funds -1,684 -953 -214,571 27,438 28,169 26,485

 Miscellaneous Liability Accounts (Includes Checks Outstanding Etc.) -5,779 3,606 -11 31,176 40,561 34,782

 Total Liability Accounts 250,735 1,410,633 1,447,664 24,543,707 25,703,605 25,954,339

Asset Accounts (Deduct)

 Cash and Monetary Assets:

 U.S. Treasury Operating Cash:

 Federal Reserve Account 1 99,434 -134,165 404,113 635,994 402,394 501,828

 Balance 99,434 -134,165 404,113 635,994 402,394 501,828

 Special Drawing Rights:

 Total Holdings 1,570 10,600 -5,727 153,175 162,205 163,775

 SDR Certificates Issued to Federal Reserve Banks ...... ...... ...... -5,200 -5,200 -5,200

 Balance 1,570 10,600 -5,727 147,975 157,005 158,575

 Reserve Position on the U.S. Quota in the IMF:

 U.S. Subscription to International Monetary Fund:

 Direct Quota Payments ...... ...... ...... 111,629 111,629 111,629

 Maintenance of Value Adjustments 1,068 5,233 -7,077 -5,406 -1,241 -173

 Letter of Credit Issued to IMF -1,370 -279 6,899 -78,191 -77,100 -78,470

 Dollar Deposits with the IMF -6 -25 17 -319 -338 -344

 Receivable/Payable (-) for Interim Maintenance of Value

 Adjustments -739 -3,611 -5,795 3,621 749 10

 Balance -1,048 1,318 -5,957 31,334 33,700 32,652

 Loans to International Monetary Fund ...... ...... -12 921 921 921

 Other Cash and Monetary Assets -432 1,532 692 25,816 27,780 27,348

 Total Cash and Monetary Assets 99,524 -120,715 393,109 842,039 621,801 721,324

 Non-Federal Securities of the National Railroad Retirement

 Investment Trust 833 628 -3,673 23,923 23,718 24,551

 Net Activity, Guaranteed Loan Financing (See Schedule E) 1,812 28,604 197,986 45,427 72,219 74,031

 Net Activity, Direct Loan Financing (See Schedule E) -72,098 -110,310 126,261 1,338,931 1,300,720 1,228,621

 Miscellaneous Asset Accounts -117 -1,951 8,018 3,167 1,334 1,217

 Total Asset Accounts 29,953 -203,744 721,701 2,253,488 2,019,791 2,049,744

Excess of Liabilities (+) or Assets (-) 220,782 1,614,377 725,963 22,290,219 23,683,814 23,904,596

Transactions Not Applied to Current Year's Surplus or Deficit (See

 Schedule A for Details) ...... -955 156 ...... -955 -955

Total Budget and Off-Budget Federal Entities (Financing of Deficit (+)

 or Disposition of Surplus (-)) 220,782 1,613,422 726,119 22,290,219 23,682,858 23,903,640

1 Major sources of information used to determine Treasury's operating cash balance reflected as received and withdrawals are reflected as processed.

include Federal Reserve Banks, Treasury Regional Finance Centers, Internal Note: Details may not add to totals due to rounding.

Revenue Service Centers, various electronic systems, and information on the ... No Transactions

Public Debt. Information is presented on a modified cash basis. Deposits are

25
Classification This Month

Fiscal Year to Date

This Year Prior Year

Table 6. Schedule A-Analysis of Change in Excess of Liabilities of the U.S. Government, July 2023 and Other Periods

[$ millions]

Excess of Liabilities Beginning of Period:

 Based on Composition of Unified Budget in Preceding Period 23,683,814 22,290,219 20,778,901

 Adjustments During Current Fiscal Year for Changes in Composition of

 Unified Budget:

 Revisions by Federal Agencies to the Prior Budget Results ...... ...... 136,413

 Excess of Liabilities Beginning of Period (Current Basis) 23,683,814 22,290,219 20,915,313

 Budget Surplus (-) or Deficit:

 Based on Composition of Unified Budget in Prior Fiscal Year 220,782 1,613,422 726,119

 Total Surplus (-) or Deficit (Table 2) 220,782 1,613,422 726,119

 Total-On-Budget (Table 2) 208,111 1,628,415 732,509

 Total-Off-Budget (Table 2) 12,671 -14,993 -6,390

 Transactions Not Applied to Current Year's Surplus or Deficit:

 Premium/Discount on Buyback of U.S. Treasury Securities ...... -2 -4

 Reclassification of Aged Unreconciled Accounts ...... 958 ......

 Other ...... ...... -152

 Total-Transactions Not Applied to Current Year's Surplus or Deficit ...... 955 -156

 Excess of Liabilities Close of Period 23,904,596 23,904,596 21,641,276

Note: Details may not add to totals due to rounding. ... No Transactions

26

This Year This Month

Classification

This Month

Net Transactions

(-) denotes net reduction of liability accounts

Account Balances

Current Fiscal Year

Close of

This Month

Fiscal Year to Date Beginning of

This Year Prior Year

Table 6. Schedule B-Securities Issued by Federal Agencies Under Special Financing Authorities, July 2023 and Other Periods

[$ millions]

Agency Securities, Issued Under Special Financing Authorities:

 Obligations Guaranteed by the United States, Issued By:

 Department of Housing and Urban Development:

 Federal Housing Administration ...... ...... ...... 19 19 19

 Obligations Not Guaranteed by the United States, Issued By:

 Legislative Branch:

 Architect of the Capitol (**) -7 -6 31 24 25

 Independent Agencies:

 Federal Communications Commission ...... ...... ...... (**) (**) (**)

 National Archives and Records Administration ...... ...... ...... (**) (**) (**)

 Tennessee Valley Authority -23 498 323 19,303 19,824 19,801

 Total Agency Securities -23 491 317 19,353 19,867 19,844

Note: Details may not add to totals due to rounding. (**) Less than absolute value of $500,000

... No Transactions
Classification

This Year This Month This Month

Transactions Account Balances

Current Fiscal Year

Close of

This Month

Fiscal Year to Date Beginning of

This Year Prior Year

Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Treasury Securities,

July 2023 and Other Periods

[$ millions]

Borrowing from the US Treasury:

 Department of Agriculture:

 Farm Service Agency:

 Commodity Credit Corporation -64 542 -18 13,775 14,380 14,316

 Agricultural Credit Insurance Fund ...... 70 -103 17,396 17,466 17,466

 Farm Storage Facility Loans 1 111 122 1,601 1,712 1,712

 Apple Loans Fund ...... ...... (**) ...... ...... ......

 Emergency Boll Weevil Loan Fund ...... (**) (**) (**) (**) (**)

 Rural Housing Service:

 Rural Housing Insurance ...... -166 -157 19,465 19,299 19,299

 Rural Community Facility Loans Fund ...... -63 271 12,320 12,257 12,257

 Multifamily Housing Revitalization Loan Account ...... ...... -533 ...... ...... ......

 Rural Business - Cooperative Service:

 Rural Business and Industry Loans ...... -47 -26 70 23 23

 Rural Development Loan Fund ...... -19 -25 272 253 253

 Rural Economic Development Loan Fund ...... -4 -32 217 212 212

 Renewable Energy Guaranteed Loan Account ...... (**) (**) 2 2 2

 Rural Microenterprise Investment Loans ...... -2 -2 40 39 39

 Biorefinery Assistance Loan Account ...... 186 -5 ...... 186 186

 Rural Utilities Service:

 Rural Water and Waste Disposal Fund ...... -476 -41 14,774 14,298 14,298

 Rural Electrification and Telecommunications Fund ...... 671 -96 6,528 7,198 7,198

 Rural Telephone Bank ...... -3 -13 60 57 57

 Distance Learning and Telemedicine Program ...... -31 22 556 526 526

 Foreign Agricultural Service ...... ...... ...... 266 266 266

 Department of Commerce:

 National Oceanic and Atmospheric Administration:

 Fisheries Finance ...... 11 65 372 384 384

 Department of Defense--Military Programs:

 Family Housing Improvement Loans ...... 22 21 1,598 1,620 1,620

 Department of Education:

 College Housing and Academic Facilities Loans ...... ...... -4 5 5 5

 Historically Black College and University Capital Financing

 Fund ...... 17 289 65 82 82

 Federal Direct Student Loans 267,169 307,963 77,977 847,911 888,705 1,155,874

 Teach Grant Loans 49 42 -34 541 533 583

 Temporary Student Loan Purchase Authority 4,266 3,231 -1,123 20,359 19,324 23,590

 Federal Family Education Loans ...... 35 141 36,195 36,230 36,230

 Department of Energy:

 Bonneville Power Administration Fund -23 93 129 5,679 5,795 5,772

 Western Area Power Administration - Recovery Act ...... ...... ...... 76 76 76

 Advanced Technology Vehicles Manufacturing Loans ...... ...... -582 ...... ...... ......

 Title 17 Innovative Technology Loans 1 71 113 688 758 758

 Department of Health and Human Services:

 Consumer Operated and Oriented Plan ...... ...... ...... 401 401 401

 Consumer Operated and Oriented Plan Program Contingency Fund ...... ...... ...... 108 108 108

 Department of Homeland Security:

 National Flood Insurance Fund ...... ...... ...... 20,525 20,525 20,525

 Disaster Assistance Loan Fund (**) 2 5 8 10 10

 Department of Housing and Urban Development:

 Public and Indian Housing Programs:

 Low-Rent Public Housing - Loans and Other Expenses ...... 27 (**) 1 28 28

 Native Hawaiian Housing Loans ...... 2 2 3 4 4

 Housing Programs:

 Emergency Homeowners' Relief Fund ...... 1 ...... 2 3 3

 Federal Housing Administration ...... 16,001 31,878 93,564 109,565 109,565

 Home Ownership Preservation Equity Fund ...... 3 ...... 6 9 9

 Green Retrofit Program for Multifamily Housing-Recovery Act ...... 8 -1 9 17 17

 Department of the Interior:

 Bureau of Indian Affairs and Bureau of Indian Education ...... ...... ...... (**) (**) (**)

 Bureau of Reclamation Loan Fund ...... ...... ...... 25 25 25

27
Classification

This Year This Month This Month

Transactions Account Balances

Current Fiscal Year

Close of

This Month

Fiscal Year to Date Beginning of

This Year Prior Year

Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Treasury Securities,

July 2023 and Other Periods - Continued

[$ millions]

Borrowing from the US Treasury: - Continued

 Assistance to American Samoa Loan Fund ...... (**) (**) 7 7 7

 Department of Labor:

 Black Lung Disability Trust Fund ...... ...... ...... 4,751 4,751 4,751

 Department of State:

 Repatriation Loans ...... 2 1 3 6 6

 Department of Transportation:

 Federal Highway Administration:

 Transportation Infrastructure Finance and Innovation Fund 100 4,493 1,995 14,837 19,229 19,329

 Federal Railroad Administration:

 Railroad Rehabilitation and Improvement Loan Fund 44 369 383 1,140 1,465 1,510

 Other ...... ...... ...... (**) (**) (**)

 Maritime Administration:

 Maritime Guaranteed Loan (Title XI) Fund ...... ...... ...... 89 89 89

 Department of the Treasury:

 Departmental Offices:

 Community Development Financial Institutions Fund -6 (**) 1 105 111 105

 Temporary Credit and Liquidity Program ...... -15 87 1,097 1,082 1,082

 Troubled Asset Relief Program ...... -3 -13 4 1 1

 Small Business Lending Financing Fund ...... 2 2 34 36 36

 ESF - Economic Stabilization Program ...... -2,572 -1,361 19,478 16,905 16,905

 Federal Financing Bank Revolving Fund 961 4,889 2,531 73,447 77,375 78,336

 Department of Veterans Affairs:

 Veterans Housing Benefit Program Fund ...... 85 96 462 547 547

 Native American Veteran Housing Fund ...... 4 4 93 97 97

 Vocational Rehabilitation Loan Fund ...... (**) (**) 1 1 1

 Environmental Protection Agency:

 Water Infrastructure Finance and Innovation Loan Program 207 1,314 786 1,557 2,664 2,871

 International Assistance Programs:

 International Security Assistance:

 Foreign Military Loan Program 219 219 ...... 982 982 1,201

 Military Debt Reduction ...... ...... ...... 39 39 39

 Agency for International Development:

 Development Credit Authority Loan Fund ...... 83 ...... ...... 83 83

 United States International Development Finance Corporation 423 2,689 2,555 8,965 11,231 11,654

 Small Business Administration:

 Business Loan Fund ...... 232 32 2,289 2,521 2,521

 Disaster Loan Fund ...... 6,099 106,451 360,513 366,612 366,612

 Independent Agencies:

 Export-Import Bank of the United States ...... ...... 65 13,501 13,501 13,501

 Presidio Trust ...... ...... ...... 98 98 98

 Railroad Retirement Board:

 Social Security Equivalent Benefit Account 460 -622 -962 4,417 3,335 3,796

 Smithsonian Institution:

 John F. Kennedy Center Parking Facilities ...... ...... ...... 20 20 20

 Other:

 Borrowing from the US Treasury - Other ...... 1 (**) (**) 1 1

 Total Borrowing from the US Treasury 273,808 345,567 220,895 1,623,412 1,695,171 1,968,979

Borrowing from the Federal Financing Bank:

 Department of Agriculture:

 Rural Utilities Service:

 Rural Electrification and Telecommunications Fund 231 1,653 2,751 51,814 53,235 53,466

 Department of Education:

 Historically Black College and University Capital Financing

 Fund 11 85 78 269 343 354

 Department of Energy:

 Advanced Technology Vehicles Manufacturing Loans ...... 1,066 -437 ...... 1,066 1,066

 Title 17 Innovative Technology Loans -10 155 114 15,219 15,384 15,374

 Department of Health and Human Services:

 Health Maintenance Organization Loan and Loan Guarantee Fund ...... ...... ...... (**) (**) (**)

 Department of Housing and Urban Development:

 Housing Programs:

28
Classification

This Year This Month This Month

Transactions Account Balances

Current Fiscal Year

Close of

This Month

Fiscal Year to Date Beginning of

This Year Prior Year

Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Treasury Securities,

July 2023 and Other Periods - Continued

[$ millions]

Borrowing from the Federal Financing Bank: - Continued

 Federal Housing Administration 16 69 59 2,716 2,769 2,785

 Department of Transportation:

 Maritime Administration:

 Maritime Guaranteed Loan (Title XI) FFB Financing Account ...... -12 -11 349 337 337

 Department of the Treasury:

 Departmental Offices:

 Community Development Financial Institutions Fund 19 69 21 1,149 1,200 1,218

 Department of Veterans Affairs:

 Guaranteed Transitional Housing Loans for Homeless Veterans (**) (**) (**) 4 4 4

 Independent Agencies:

 Postal Service 695 2,142 -1,000 10,000 11,447 12,142

 Total Borrowing from the Federal Financing Bank 961 5,225 1,575 81,521 85,785 86,746

Note: Details may not add to totals due to rounding. these funds to agencies in lieu of agencies borrowing directly through Treasury

Note: This table includes lending by the Federal Financing Bank accomplished by or issuing their own securities.

the purchase of agency financial assets, by the acquisition of agency debt ... No Transactions

securities, and by direct loans on behalf of an agency. The Federal Financing (**) Less than absolute value of $500,000

Bank borrows from Treasury and issues its own securities and in turn may loan

29
Securities Held as Investments Net Purchases or Sales (-) Current Fiscal Year

Fiscal Year to Date Beginning of Close of

Classification

This Month

This Year Prior Year This Year This Month This Month

Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities, July 2023 and Other Periods

[$ millions]

Federal Funds:

 Department of Agriculture ...... 15 16 262 277 277

 Department of Commerce 2 2 2 ...... ...... 2

 Department of Defense--Military Programs:

 Defense Cooperation Account ...... (**) ...... 8 8 8

 Department of Energy 423 3,406 2,726 59,022 62,004 62,427

 Department of Health and Human Services ...... 16,396 17,931 ...... 16,396 16,396

 Department of Homeland Security -1,383 -892 1,131 2,472 2,963 1,580

 Department of Housing and Urban Development:

 Housing Programs:

 Federal Housing Administration Fund 2,118 12,398 3,607 119,950 130,230 132,348

 Government National Mortgage Association:

 Guarantees of Mortgage-Backed Securities -292 1,976 3,626 18,494 20,761 20,470

 Department of the Interior -477 1,886 14,447 27,231 29,594 29,117

 Department of Justice 15 3,093 (**) 169 3,247 3,262

 Department of Labor 110 2,235 2,727 55,641 57,766 57,876

 Department of State:

 Foreign Service Retirement and Disability Fund 2 25 288 335 358 360

 Other ...... 1 (**) 12 13 13

 Department of Transportation -90 -53 157 2,418 2,455 2,365

 Department of the Treasury 368 -1,808 -4,026 20,542 18,366 18,734

 Department of Veterans Affairs:

 Veterans Reopened Insurance Fund (**) -5 -9 39 34 34

 National Service Life Insurance 1 13 ...... ...... 13 13

 Servicemen'S Group Life Insurance Fund ...... 473 440 3,089 3,562 3,562

 Other Defense Civil Programs:

 Uniformed Services Retiree Health Care Fund -145 31,105 28,769 321,960 353,211 353,065

 International Assistance Programs 14 219 232 6,262 6,467 6,481

 Office of Personnel Management:

 Postal Service Contributions -366 -2,827 -2,548 35,607 33,146 32,780

 Independent Agencies:

 Federal Deposit Insurance Corporation:

 Deposit Insurance Fund 26 -44,535 6,775 125,471 80,909 80,935

 FSLIC Resolution Fund 4 34 3 888 918 922

 Federal Housing Finance Agency -27 85 41 114 226 199

 National Credit Union Administration 1 372 2,164 22,092 22,463 22,463

 Postal Service 695 2,116 -2,253 20,924 22,346 23,041

 Other

 Treasury Securities -28 -174 -192 11,503 11,358 11,330

 Other 85 462 -260 1,724 2,101 2,186

 Total Treasury Securities 1,056 26,020 75,795 856,229 881,193 882,249

 Total Federal Funds 1,056 26,020 75,795 856,229 881,193 882,249

Trust Funds:

 Legislative Branch:

 Library of Congress (**) 10 7 42 53 53

 United States Tax Court (**) (**) (**) 13 13 13

 Other -1 -3 2 36 33 33

 Judicial Branch:

 Judicial Retirement Funds -10 207 208 1,795 2,012 2,002

 Department of Agriculture ...... ...... ...... 6 6 6

 Department of Commerce ...... ...... 26 ...... ...... ......

 Department of Defense--Military Programs:

 Voluntary Separation Incentive Fund -2 -1 -2 51 52 50

 Other -90 -144 -181 1,632 1,578 1,489

 Department of Health and Human Services:

 Federal Supplementary Medical Insurance Trust Fund 31,730 27,683 23,010 167,964 163,918 195,647

 Other 10,350 28,386 45,947 181,699 199,734 210,085

 Department of Homeland Security 95 435 815 11,050 11,390 11,485

 Department of the Interior 3 -313 623 659 343 346

 Department of Labor:

 Unemployment Trust Fund -4,557 7,919 23,610 73,587 86,064 81,506

 Other -6 -10 8 60 56 50

 Department of State:

30
Securities Held as Investments Net Purchases or Sales (-) Current Fiscal Year

Fiscal Year to Date Beginning of Close of

Classification

This Month

This Year Prior Year This Year This Month This Month

Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities, July 2023 and Other Periods - Continued

[$ millions]

Trust Funds: - Continued

 Foreign Service Retirement and Disability Fund -61 113 102 20,681 20,854 20,794

 Other 2 6 1 43 48 50

 Department of Transportation:

 Airport and Airway Trust Fund 363 6,027 -8,200 10,818 16,482 16,845

 Highway Trust Fund -1,095 -6,663 122,580 127,547 121,978 120,883

 Department of the Treasury -70 -44 -59 4,330 4,356 4,286

 Department of Veterans Affairs:

 General Post Fund, National Homes ...... 24 41 116 140 140

 National Service Life Insurance -9 -204 -319 1,096 901 892

 United States Government Life Insurance Fund (**) (**) (**) 1 1 1

 Veterans Special Life Insurance Fund -6 -81 -115 916 841 835

 Corps of Engineers 161 1,056 439 9,684 10,579 10,740

 Other Defense Civil Programs:

 Military Retirement Fund 7,280 176,186 156,111 1,194,652 1,363,559 1,370,839

 Other -4 -27 -38 1,067 1,044 1,039

 Environmental Protection Agency 147 1,862 3,956 10,611 12,325 12,473

 National Aeronautics and Space Administration ...... (**) (**) 16 15 15

 Office of Personnel Management:

 Civil Service Retirement and Disability Fund

 Treasury Securities -3,347 -17,918 45,753 1,011,679 997,108 993,760

 Agency Securities ...... 1,875 ...... ...... 1,875 1,875

 Employees Life Insurance Fund 42 755 455 50,990 51,702 51,745

 Employees and Retired Employees Health Benefits Fund 230 -1,498 -304 27,307 25,580 25,810

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust Fund -13,132 -7,847 -6,694 2,723,601 2,728,886 2,715,754

 Federal Disability Insurance Trust Fund 436 26,406 14,423 114,679 140,649 141,085

 Independent Agencies:

 Harry S Truman Scholarship Foundation ...... 2 -8 8 10 10

 Japan-United States Friendship Commission ...... -1 ...... 36 35 35

 Railroad Retirement Board

 Treasury Securities -4 632 -201 2,452 3,088 3,084

 Agency Securities ...... ...... (**) 1 1 1

 Other

 Treasury Securities 178 323 177 1,552 1,697 1,875

 Total Treasury Securities 28,623 243,278 422,172 5,752,475 5,967,129 5,995,753

 Total Agency Securities ...... 1,875 (**) 1 1,876 1,876

 Total Trust Funds 28,623 245,153 422,172 5,752,476 5,969,006 5,997,629

Grand Total 29,679 271,173 497,967 6,608,706 6,850,199 6,879,879

Note: Details may not add to totals due to rounding. ... No Transactions

Note: Investments are in Treasury securities unless otherwise noted. (**) Less than absolute value of $500,000

31
Net Transactions

(-) denotes net reduction of Account Balances

asset accounts

Current Fiscal Year

Fiscal Year to Date Beginning of Close of

Classification

This Month

This Year Prior Year This Year This Month This Month

Table 6. Schedule E-Net Activity, Guaranteed and Direct Loan Financing, July 2023 and Other Periods

[$ millions]

Guaranteed Loan Financing Activity:

 Department of Agriculture:

 Office of the Secretary:

 Food Supply Chain and Agriculture Pandemic Response -3 -19 ...... -3 -19 -22

 Farm Service Agency:

 Commodity Credit Corporation Export Fund (**) -89 -18 130 42 41

 Agricultural Credit Insurance Fund 28 7 -14 -178 -200 -171

 Natural Resources Conservation Service:

 Agricultural Resource Conservation Demonstration Program ...... ...... ...... (**) (**) (**)

 Rural Housing Service:

 Rural Community Facility Loans (**) 7 4 -15 -7 -7

 Rural Housing Insurance Fund -3 60 -66 2,086 2,149 2,146

 Rural Business - Cooperative Service:

 Rural Business and Industry Loans (**) -42 -53 -166 -209 -209

 Renewable Energy Guaranteed Loan Account -1 11 11 -21 -9 -10

 Biorefinery Assistance Loan Account ...... 149 7 -70 78 78

 Rural Utilities Service:

 Rural Water and Waste Disposal Fund (**) (**) (**) -25 -25 -25

 Department of Commerce:

 General Administration:

 Emergency Oil, Gas, and Steel Account ...... ...... ...... 5 5 5

 Department of Defense--Military Programs ...... ...... (**) -38 -38 -38

 Department of Education:

 Office of Student Financial Assistance:

 Federal Family Education Loans -114 -4,930 -13,938 -7,716 -12,532 -12,646

 Department of Energy:

 Title 17 Innovative Technology Loans ...... 15 23 -101 -86 -86

 Department of Health and Human Services:

 Health Resources and Services Administration:

 Health Center Loans (**) (**) (**) -2 -2 -2

 Health Education Assitance Loans ...... ...... ...... -70 -70 -70

 Department of Housing and Urban Development:

 Public and Indian Housing Programs:

 Indian Housing Loans (**) 62 55 -92 -30 -30

 Native Hawaiian Housing Loans (**) -1 2 (**) (**) (**)

 Community Planning and Development:

 Community Development Loans ...... (**) 3 -4 -5 -5

 Housing Programs:

 FHA-Mutual Mortgage Insurance Loans -61 3,325 21,278 72,410 75,796 75,735

 FHA-General and Special Risk Fund 371 3,333 2,614 7,165 10,127 10,497

 Home Ownership Preservation Entity Fund (**) 3 (**) 2 4 5

 Government National Mortgage Association:

 Guarantees of Mortgage-Backed Securities -430 -970 -481 7,785 7,245 6,815

 Department of the Interior:

 Bureau of Indian Affairs and Bureau of Indian Education (**) -4 -8 -68 -72 -72

 Department of Transportation:

 Federal Highway Administration:

 Transportation Infrastructure Finance and Innovation Fund ...... ...... ...... (**) (**) (**)

 Maritime Administration:

 Maritime Guaranteed Loan (Title XI) Fund (**) (**) -39 -93 -93 -93

 Department of the Treasury:

 Departmental Offices:

 Air Transportation Stabilization Fund ...... ...... ...... (**) (**) (**)

 Troubled Assets Insurance Financing Fund ...... ...... ...... (**) (**) (**)

 Troubled Asset Relief Program ...... (**) 1 (**) (**) (**)

 Department of Veterans Affairs:

 Veterans Benefits Administration:

 Veterans Housing Benefit Program Fund -30 96 -3,058 -11,492 -11,366 -11,396

 International Assistance Programs:

 Agency for International Development:

32
Net Transactions

(-) denotes net reduction of Account Balances

asset accounts

Current Fiscal Year

Fiscal Year to Date Beginning of Close of

Classification

This Month

This Year Prior Year This Year This Month This Month

Table 6. Schedule E-Net Activity, Guaranteed and Direct Loan Financing, July 2023 and Other Periods - Continued

[$ millions]

Guaranteed Loan Financing Activity: - Continued

 Ukraine Export Credit Insurance Fund ...... ...... ...... -267 -267 -267

 Loan Guarantees to Israel ...... ...... ...... -966 -966 -966

 Urban and Environmental Credit Guaranteed Loans ...... ...... ...... -38 -38 -38

 Microenterprise and Small Enterprise Development ...... ...... ...... (**) (**) (**)

 Development Credit Authority Loan Fund ...... ...... ...... -99 -99 -99

 Tunisia Loan Fund ...... ...... ...... -1,089 -1,089 -1,089

 Overseas Private Investment Corporation ...... ...... ...... 278 278 278

 United States International Development Finance Corporation -17 -114 243 241 144 126

 Microenterprise and Small Enterprise Development ...... ...... ...... (**) (**) (**)

 Urban and Environmental Credit 1 -8 7 15 6 7

 Small Business Administration:

 Business Loan Fund -170 2,537 171,013 -53,773 -51,067 -51,237

 Independent Agencies:

 Export-Import Bank of the United States -38 -1,832 -2,185 -2,481 -4,275 -4,312

 Net Activity, Guaranteed Loan Financing -468 1,595 175,399 11,247 13,310 12,842

Direct Loan Financing Activity:

 Department of Agriculture:

 Farm Service Agency:

 Agricultural Credit Insurance Fund 329 93 469 15,197 14,960 15,289

 Farm Storage Facility Loans 4 143 143 1,193 1,332 1,336

 Apple Loans Fund (**) (**) ...... (**) (**) (**)

 Emergency Boll Weevil Loan Fund ...... ...... ...... (**) (**) (**)

 Rural Housing Service:

 Rural Community Facility Loans Fund 33 8 36 11,274 11,250 11,282

 Rural Housing Insurance Fund 5 -96 -896 15,138 15,037 15,042

 Multifamily Housing Revitalization Loan Account ...... ...... ...... 524 524 524

 Rural Business - Cooperative Service:

 Rural Business and Industry Loan Fund (**) (**) (**) (**) (**) (**)

 Rural Development Loan Fund (**) -12 -20 245 233 233

 Rural Economic Development Loan Fund 2 22 -22 165 185 187

 Rural Microenterprise Investment Loans (**) 1 -2 37 38 38

 Rural Utilities Service:

 Rural Water and Waste Disposal Loans 8 -149 -361 12,810 12,653 12,661

 Rural Electrification and Telecommunications Fund 506 1,854 3,130 54,363 55,711 56,217

 Rural Telephone Bank (**) -4 -8 56 52 52

 Distance Learning and Telemedicine Program -15 -9 -19 480 487 472

 Rural Development Insurance Fund ...... ...... ...... 1,065 1,065 1,065

 Foreign Agricultural Service:

P.L. 480 Direct Loan Fund -3 -42 -57 239 200 198

International Debt Reduction ...... -11 -7 -97 -109 -109

 Department of Commerce:

 National Oceanic and Atmospheric Administration:

 Fisheries Finance -12 -34 -3 361 339 327

 Department of Defense--Military Programs -8 -59 -49 1,592 1,542 1,533

 Department of Education:

 Office of Postsecondary Education:

 College Housing and Academic Facilities Loans ...... -3 (**) 5 2 2

 Historically Black College and University Capital Financing

 Fund 11 61 78 238 288 299

 Office of Student Financial Assistance:

 Federal Direct Student Loans -72,812 -83,007 19,348 758,619 748,424 675,612

 Teach Grant Loans -2 -10 -48 491 483 481

 Temporary Student Loan Purchase Authority -2,473 -4,903 -3,356 26,959 24,530 22,057

 Department of Energy:

 Advanced Technology Vehicles Manufacturing Loans ...... 642 -1,109 -94 548 548

 Title 17 Innovative Technology Loans -10 376 452 15,281 15,667 15,657

 Department of Health and Human Services:

 Consumer Operated and Oriented Plan ...... -66 -4 56 -10 -10

 Consumer Operated and Oriented Plan Program Contingency Fund ...... -4 -4 44 41 41

 Department of Homeland Security:

33
Net Transactions

(-) denotes net reduction of Account Balances

asset accounts

Current Fiscal Year

Fiscal Year to Date Beginning of Close of

Classification

This Month

This Year Prior Year This Year This Month This Month

Table 6. Schedule E-Net Activity, Guaranteed and Direct Loan Financing, July 2023 and Other Periods - Continued

[$ millions]

Direct Loan Financing Activity: - Continued

 Disaster Assistance Loan Fund (**) -7 -22 -74 -80 -81

 Department of Housing and Urban Development:

 Housing Programs:

 Emergency Homeowners' Relief Fund (**) 2 -2 (**) 2 2

 FHA-Mutual Mortgage Insurance Loans ...... ...... ...... (**) (**) (**)

 FHA-General and Special Risk Fund 16 -86 227 2,789 2,688 2,703

 Green Retrofit Program for Multifamily Housing Fund ...... 3 -3 7 10 10

 Department of the Interior:

 Bureau of Reclamation -1 -1 -3 27 26 25

 Bureau of Indian Affairs and Bureau of Indian Education (**) (**) (**) (**) (**) (**)

 Assistance to American Samoa Loan Fund ...... -1 -1 7 6 6

 Department of State:

 Administration of Foreign Affairs:

 Repatriation Loans (**) -2 -2 -3 -5 -4

 Department of Transportation:

 Federal Highway Administration:

 Transportation Infrastructure Finance and Innovation Fund 41 3,911 -2,166 11,014 14,884 14,925

 Tiger Tifia Loan Fund -2 -3 -3 61 60 59

 Federal Railroad Administration:

 Railroad Rehabilitation and Improvement Loan Fund -12 268 -38 624 904 892

 Maritime Administration:

 Maritime Guaranteed Loan (Title XI) FFB Financing Account ...... -14 -11 335 321 321

 Department of the Treasury:

 Departmental Offices:

 Community Development Financial Institutions Fund 14 54 20 1,251 1,291 1,305

 GSE Mortgage-Backed Securities Purchase Program ...... ...... ...... 4,613 4,613 4,613

 Temporary Credit and Liquidity Program -13 -81 -249 1,007 939 926

 Troubled Asset Relief Program ...... -3 -10 3 (**) (**)

 Small Business Lending Program -1 -1 1 32 32 31

 ESF - Economic Stabilization Program (**) -4,468 -4,588 19,057 14,590 14,590

 Bureau of the Fiscal Service ...... ...... ...... (**) (**) (**)

 Department of Veterans Affairs:

 Veterans Benefits Administration:

 Veterans Housing Benefit Program Fund -2 -22 -65 335 314 312

 Native American Veteran Housing Fund (**) -1 -2 62 61 61

 Transitional Housing Loans (**) (**) (**) -1 -1 (**)

 Vocational Rehabilitation Loan Fund (**) (**) (**) (**) (**) (**)

 Environmental Protection Agency:

 Water Infrastructure Finance and Innovation Loan Program 200 1,288 768 1,556 2,644 2,844

 International Assistance Programs:

 International Security Assistance:

 Foreign Military Loan Program -90 -494 -625 957 553 463

 Military Debt Reduction ...... ...... ...... 39 39 39

 Agency for International Development:

 International Debt Reduction ...... ...... ...... -172 -172 -172

 Development Credit Authority Loan Fund ...... 82 ...... ...... 82 82

 Overseas Private Investment Corporation ...... ...... ...... 2,902 2,902 2,902

 International Monetary Programs ...... ...... ...... -278 -278 -278

 United States International Development Finance Corporation 325 1,520 881 4,293 5,488 5,813

 International Debt Reduction ...... -77 -35 -75 -151 -151

 Small Business Administration:

 Business Loan Fund -4 -29 1 181 156 152

 Disaster Loan Fund -1,968 -46,964 102,504 343,547 298,551 296,582

 Independent Agencies:

 Export-Import Bank of the United States -13 -1,273 -1,512 7,369 6,109 6,096

 Federal Communications Commission:

 Spectrum Auction Loan Fund (**) (**) (**) (**) (**) (**)

 Net Activity, Direct Loan Financing -75,948 -131,604 112,756 1,317,705 1,262,048 1,186,100

Note: Details may not add to totals due to rounding. net present value in accordance with the Credit Reform Act of 1990. Unreimbursed

Note: Federal credit programs provide benefits to the public in the form of costs such as administrative expenses and subsidy payments are reported on a

direct loans and loan guarantees. This table reflects cash transactions and cash basis and included within each program's budgetary totals in Table 5.

balances of the nonbudgetary financing fund accounts that result from the ... No Transactions

disbursement of loans, collection of fees, repayment of principal, sale of (**) Less than absolute value of $500,000

collateral, interest, and subsidy received from the credit program accounts at

34
Classification June July Aug. Sept.

Fiscal

Year to

Date

Comparable

Period

Prior F.Y.

Oct. Nov. Dec. Jan. Feb. March April May

Table 7. Receipts and Outlays of the U.S. Government by Month, Fiscal Year 2023

[$ millions]

Receipts:

 Individual Income Taxes 175,349 113,701 215,539 262,290 111,986 150,520 380,938 134,184 149,037 131,656 1,825,199 2,263,483

 Corporation Income Taxes 14,630 2,943 87,818 20,828 2,288 11,487 80,581 13,790 71,528 14,252 320,145 314,288

 Social Insurance and Retirement Receipts:

 Employment and General Retirement 103,735 111,795 131,685 141,684 119,678 131,292 156,569 122,082 179,016 114,295 1,311,831 1,171,365

 Unemployment Insurance 3,741 3,007 530 5,968 2,591 579 6,148 17,506 968 4,101 45,138 57,224

 Other Retirement 543 529 534 516 540 681 527 622 579 553 5,624 5,181

 Excise Taxes 5,812 8,043 7,106 5,154 6,258 7,741 3,337 8,195 7,771 742 60,160 67,496

 Estate and Gift Taxes 2,806 2,618 1,611 2,099 9,646 2,294 1,960 3,142 1,656 1,131 28,961 26,662

 Customs Duties 8,163 7,171 6,552 6,838 6,349 6,152 6,350 6,373 6,475 6,910 67,334 82,711

 Miscellaneous Receipts 3,720 2,304 3,568 1,913 2,778 2,494 2,111 1,593 1,287 2,521 24,289 116,264

 Total--Receipts This Year 318,500 252,111 454,942 447,288 262,114 313,240 638,520 307,487 418,317 276,161 3,688,681 ......

 (On-Budget) 242,627 170,473 358,135 339,029 168,220 210,007 518,378 212,879 273,669 188,272 2,681,689 ......

 (Off-Budget) 75,873 81,638 96,807 108,259 93,894 103,233 120,142 94,608 144,648 87,889 1,006,992 ......

 Total--Receipts Prior Year 283,927 281,208 486,723 465,074 289,857 315,165 863,644 388,988 460,757 269,331 ...... 4,104,675

 (On-Budget) 212,635 204,153 400,594 365,402 208,785 225,551 753,822 303,706 354,444 189,317 ...... 3,218,408

 (Off-Budget) 71,292 77,055 86,129 99,672 81,072 89,615 109,822 85,282 106,313 80,014 ...... 886,266

Outlays:

 Legislative Branch 684 495 432 826 398 503 455 614 502 522 5,432 4,765

 Judicial Branch 667 693 732 724 732 934 647 785 776 689 7,378 7,116

 Department of Agriculture:

 Commodity Credit Corporation 3,058 2,084 1,683 549 -9 -109 -143 -113 -111 -31 6,858 6,892

 Foreign Agricultural Service 188 198 168 247 99 218 259 249 176 199 2,001 2,116

 Other 22,655 23,651 19,450 21,809 18,355 18,109 15,485 16,345 17,976 15,450 189,285 200,767

 Department of Commerce 1,039 934 1,034 870 895 979 884 1,193 1,140 985 9,953 10,090

 Department of Defense--Military Programs:

 Military Personnel 27,587 13,212 17,731 8,158 13,791 18,732 9,369 13,053 19,862 8,331 149,827 148,514

 Operation and Maintenance 20,316 24,200 27,473 23,331 24,104 31,784 23,886 28,636 27,897 24,562 256,190 234,559

 Procurement 8,772 15,361 14,799 7,133 9,973 13,105 9,870 11,212 15,976 10,323 116,523 109,749

 Research, Development, Test, and Evaluation 14,981 3,906 11,320 6,324 8,157 13,707 10,735 8,462 10,007 9,606 97,204 88,632

 Military Construction 579 1,301 846 760 737 1,073 694 1,003 831 777 8,602 8,136

 Family Housing 94 118 126 91 101 146 104 118 107 125 1,131 1,128

 Revolving and Management Funds 500 447 450 619 -430 927 -725 -662 179 -991 313 60

 Other 280 -152 92 -159 -153 -94 -448 -13 -4 -67 -718 -846

 Total Department of Defense--Military Programs 73,110 58,393 72,836 46,255 56,280 79,381 53,486 61,809 74,856 52,665 629,071 589,932

 Department of Education 14,970 22,395 17,884 16,162 14,675 38,077 9,578 12,049 26,503 82,921 255,215 160,169

 Department of Energy 947 1,704 2,983 2,314 3,500 3,797 3,369 3,042 3,071 2,664 27,392 20,504

 Department of Health and Human Services:

 National Institutes of Health 3,511 4,792 3,095 3,529 3,590 4,009 3,502 3,912 4,026 3,818 37,785 33,734

 Centers for Medicare and Medicaid Services:

 Grants to States for Medicaid 46,870 47,332 53,641 47,902 49,580 64,442 49,064 58,267 54,306 47,067 518,471 489,142

 Federal Hospital Insurance Trust Fund 14,140 33,527 35,719 32,359 32,344 50,631 16,455 32,986 57,847 16,641 322,649 307,137

 Federal Supplementary Medical Insurance

 Trust Fund 17,797 51,136 45,869 52,500 48,641 80,432 17,903 52,110 94,911 17,890 479,190 462,140

 Other 43,960 36,555 44,734 46,214 36,389 39,226 53,842 40,403 43,650 39,280 424,252 410,519

 Administration for Children and Families 7,274 6,736 7,771 6,764 6,825 8,080 7,353 7,656 7,382 6,954 72,794 69,789

 Other -46,062 -36,146 -54,524 -51,165 -40,908 -45,854 -60,453 -43,453 -51,737 -46,431 -476,733 -442,340

 Department of Homeland Security 8,276 6,649 8,392 6,955 6,315 8,295 6,596 8,006 8,530 6,094 74,109 66,760

 Department of Housing and Urban Development 4,902 4,662 5,354 3,919 4,981 5,356 5,719 208 5,104 4,361 44,564 22,311

 Department of the Interior 1,279 1,226 1,156 1,178 1,235 1,165 639 1,363 1,822 1,542 12,605 11,275

 Department of Justice 3,674 3,637 3,137 3,290 3,295 3,440 5,763 4,445 3,255 2,664 36,603 32,461

 Department of Labor:

 Unemployment Trust Fund 2,230 2,069 2,886 3,432 3,212 3,297 2,737 3,593 2,537 3,093 29,085 28,056

 Other -3,735 2,042 2,915 38,292 711 1,984 1,470 2,040 1,328 2,844 49,890 18,491

 Department of State 2,651 2,268 4,010 1,904 1,671 1,940 2,119 3,202 2,791 2,319 24,875 24,469

 Department of Transportation:

 Highway Trust Fund 4,218 3,865 3,556 2,522 2,600 3,156 2,786 3,959 4,670 4,787 36,118 32,311

 Other 4,533 5,351 5,439 3,876 4,553 4,258 4,356 7,722 4,893 4,672 49,653 57,089

 Department of the Treasury:

 Interest on Treasury Debt Securities (Gross) 47,574 55,019 107,412 51,078 45,565 77,578 76,029 69,650 122,497 73,297 725,700 589,480

 Other 20,046 13,564 24,661 9,074 57,854 31,386 21,298 20,217 25,449 15,687 239,237 443,664

 Department of Veterans Affairs:

35
Classification June July Aug. Sept.

Fiscal

Year to

Date

Comparable

Period

Prior F.Y.

Oct. Nov. Dec. Jan. Feb. March April May

Table 7. Receipts and Outlays of the U.S. Government by Month, Fiscal Year 2023 - Continued

[$ millions]

Outlays: - Continued

 Compensation and Pensions 771 11,149 22,583 771 12,267 24,128 767 12,639 26,427 808 112,310 106,317

 National Service Life 30 29 28 31 26 26 24 -3 31 10 232 367

 Other 10,607 11,328 12,316 11,070 11,858 15,766 11,314 13,092 10,443 12,012 119,807 109,198

 Corps of Engineers 505 1,109 1,072 275 729 892 516 832 818 892 7,640 6,774

 Other Defense Civil Programs -127 5,576 11,317 1,520 6,739 10,813 -1,890 5,616 11,583 573 51,720 43,939

 Environmental Protection Agency 770 706 849 691 794 962 843 961 1,222 967 8,765 7,542

 Executive Office of the President 42 37 40 39 40 58 41 49 44 45 435 370

 General Services Administration -284 128 64 -399 -61 365 -409 223 124 -347 -596 -1,029

 International Assistance Programs:

 International Security Assistance 2,038 5,501 2,057 414 6,182 3,200 484 2,916 1,890 391 25,073 18,957

 Multilateral Assistance 322 260 1 2 15 419 1,283 374 58 3 2,739 2,799

 Agency for International Development 1,595 998 970 1,887 866 1,110 967 2,403 1,054 1,670 13,520 9,005

 Other -366 -1,050 -2,745 -2,566 -932 -533 110 -337 -528 98 -8,850 -3,938

 National Aeronautics and Space Administration 1,715 2,109 3,008 1,642 1,607 2,368 1,800 2,083 2,084 1,754 20,171 18,591

 National Science Foundation 691 653 625 595 680 692 629 661 843 829 6,898 6,315

 Office of Personnel Management 10,103 10,110 9,536 10,876 9,689 9,867 10,883 10,477 10,310 10,435 102,285 94,800

 Small Business Administration 290 157 107 208 158 221 23,902 178 118 214 25,552 22,590

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust

 Fund (Off-Budget) 92,400 92,255 92,180 100,551 101,096 101,675 102,092 102,769 108,257 102,619 995,894 890,605

 Federal Disability Insurance Trust Fund

 (Off-Budget) 12,225 11,902 12,057 12,972 12,870 13,011 12,950 12,795 12,918 12,964 126,664 121,009

 Other -4 4,923 9,851 287 5,335 10,290 259 5,277 9,861 288 46,367 48,705

 Independent Agencies ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... -206

 Deposit Insurance Fund -86 -437 -1,961 -174 -137 27,390 12,033 11,664 -3,124 -49 45,119 -6,516

 FSLIC Resolution Fund -2 -3 -4 -3 -3 -3 -3 -4 -4 -4 -35 -4

 Postal Service:

 Off-Budget:

 Public Enterprise Funds 1,239 -21 -153 -764 1,406 -900 -1,512 3,975 -67 (**) 3,205 829

 Other 55 ...... 10 206 ...... ...... ...... ...... ...... ...... 271 282

 Other ...... ...... ...... ...... 50 ...... ...... ...... ...... ...... 50 53

 Tennessee Valley Authority -38 151 326 235 -270 -31 -136 129 130 -33 464 263

 Other 5,110 2,941 3,317 3,381 2,736 4,203 3,273 3,880 -1,810 3,006 30,038 30,524

 Undistributed Offsetting Receipts:

 Employer Share, Employee Retirement -28,832 -8,151 -8,253 -8,298 -8,387 -9,514 -8,495 -9,138 -8,777 -8,745 -106,589 -101,727

 Interest Received by Trust Funds -4,136 -5,972 -51,422 -1,970 -3,337 -9,545 -10,144 -6,830 -55,359 -5,616 -154,331 -163,258

 Rents and Royalties on the Outer Continental

 Shelf Lands -715 -571 -261 -786 -844 -328 -437 -1,104 -611 -485 -6,142 -10,113

 Other -1 (**) -1 -1 -1 -1 (**) -1 -1 -1 -7 -81,088

 Totals This Year:

 Total Outlays 406,374 500,646 539,943 486,072 524,548 691,317 462,340 547,835 646,085 496,943 5,302,103 ......

 (On-Budget) 315,869 399,543 467,639 388,957 411,260 579,980 361,603 430,380 558,489 396,383 4,310,104 ......

 (Off-Budget) 90,505 101,103 72,304 97,115 113,288 111,337 100,736 117,455 87,596 100,560 991,999 ......

 Total-Surplus (+) or Deficit (-) -87,874 -248,535 -85,001 -38,784 -262,434 -378,076 176,181 -240,348 -227,768 -220,782 -1,613,422 ......

 (On-Budget) -73,242 -229,070 -109,504 -49,928 -243,040 -369,973 156,775 -217,501 -284,820 -208,111 -1,628,415 ......

 (Off-Budget) -14,632 -19,465 24,503 11,144 -19,394 -8,104 19,406 -22,847 57,052 -12,671 14,993 ......

 Total Borrowing from the Public 43,244 194,996 -36,185 67,209 21,386 81,031 -87,787 19,085 823,325 244,163 1,370,466 1,639,224

 Total-Outlays Prior Year 448,983 472,543 508,026 346,375 506,447 507,799 555,429 455,211 549,598 480,383 ...... 4,830,793

 (On-Budget) 365,312 379,420 447,074 259,080 406,257 407,602 465,346 353,894 475,908 391,024 ...... 3,950,917

 (Off-Budget) 83,671 93,123 60,953 87,295 100,190 100,198 90,083 101,316 73,690 89,359 ...... 879,876

 Total-Surplus (+) or Deficit (-) Prior Year -165,055 -191,335 -21,303 118,699 -216,590 -192,634 308,215 -66,223 -88,842 -211,052 ...... -726,119

 (On-Budget) -152,677 -175,267 -46,480 106,321 -197,471 -182,051 288,476 -50,188 -121,464 -201,707 ...... -732,509

 (Off-Budget) -12,379 -16,068 25,177 12,377 -19,118 -10,583 19,739 -16,034 32,623 -9,345 ...... 6,390

Note: Details may not add to totals due to rounding. (**) Less than absolute value of $500,000

... No Transactions

36
This Month

Excess Beginning of

This Year This Month

Close of

This Month

Fiscal Year to Date Securities Held as Investments

Current Fiscal Year

Classification

Receipts Outlays Excess Receipts Outlays

Table 8. Trust Fund Impact on Budget Results and Investment Holdings as of July 31, 2023

[$ millions]

Trust Receipts, Outlays, and Investments Held:

 Airport and Airway 1,679 1,512 166 19,461 15,401 4,060 10,818 16,482 16,845

 Black Lung Disability 28 15 13 239 157 82 ...... ...... ......

 Federal Disability Insurance 13,405 12,964 441 153,020 126,664 26,357 114,679 140,649 141,085

 Federal Employees Life and Health ...... -278 278 ...... 625 -625 78,297 77,282 77,554

 Federal Employees Retirement 4,451 9,210 -4,759 70,927 87,799 -16,871 1,034,168 1,021,863 1,018,444

 Federal Hospital Insurance 27,028 16,878 10,149 353,855 324,570 29,285 177,397 195,368 205,718

 Federal Old-Age and Survivors Insurance 89,507 102,619 -13,112 988,006 995,894 -7,888 2,723,601 2,728,886 2,715,754

 Federal Supplementary Medical Insurance 50,511 17,890 32,621 508,076 479,190 28,886 167,964 163,918 195,647

 Hazardous Substance Superfund 259 132 128 2,932 1,314 1,617 9,360 10,979 11,114

 Highways 4,270 5,515 -1,246 35,346 45,036 -9,690 127,547 121,978 120,883

 Military Advances 2,681 2,742 -61 41,860 31,652 10,208 ...... ...... ......

 Military Retirement 7,259 541 6,717 202,469 56,210 146,259 1,194,652 1,363,559 1,370,839

 Railroad Retirement 1,573 1,194 379 14,955 13,032 1,923 2,454 3,090 3,086

 Unemployment 4,113 3,099 1,014 47,003 29,154 17,849 73,587 86,064 81,506

 Veterans Life Insurance 1 17 -16 42 329 -286 2,012 1,743 1,728

 All Other Trust 598 412 185 8,260 6,205 2,054 35,940 37,147 37,427

 Total Trust Fund Receipts and Outlays and Investments

 Held from Table 6-D 207,362 174,464 32,898 2,446,450 2,213,230 233,220 5,752,476 5,969,006 5,997,629

 Less: Interfund Transactions 82,358 82,358 ...... 1,028,243 1,028,243 ...... ...... ...... ......

 Trust Fund Receipts and Outlays on the Basis of

 Tables 4 & 5 125,004 92,106 32,898 1,418,207 1,184,987 233,220

Total Federal Fund Receipts and Outlays 151,236 404,916 -253,680 2,271,362 4,118,004 -1,846,642

 Less: Interfund Transactions 79 79 ...... 888 888 ......

 Federal Fund Receipts and Outlays on the Basis of

 Table 4 & 5 151,157 404,837 -253,680 2,270,473 4,117,115 -1,846,642

Net Budget Receipts & Outlays 276,161 496,943 -220,782 3,688,681 5,302,103 -1,613,422

Note: Details may not add to totals due to rounding. receipts and outlays since the receipt side of such transactions is offset

Note: Interfund receipts and outlays are transactions between Federal funds and against budget outlays. In this table, Interfund receipts are shown as an

trust funds such as Federal payments and contributions, and interest and profits adjustment to arrive at total receipts and outlays of trust funds respectively.

on investments in Federal securities. They have no net effect on overall budget ... No Transactions

37
Classification This Month Fiscal Year

to Date

Comparable Period

Prior Fiscal Year

Table 9. Summary of Receipts by Source, and Outlays by Function of the U.S. Government, July 2023 and Other Periods

[$ millions]

Receipts

 Individual Income Taxes 131,656 1,825,199 2,263,483

 Corporation Income Taxes 14,252 320,145 314,288

 Social Insurance and Retirement Receipts:

 Employment and General Retirement 114,295 1,311,831 1,171,365

 Unemployment Insurance 4,101 45,138 57,224

 Other Retirement 553 5,624 5,181

 Excise Taxes 742 60,160 67,496

 Estate and Gift Taxes 1,131 28,961 26,662

 Customs Duties 6,910 67,334 82,711

 Miscellaneous Receipts 2,521 24,289 116,264

 Total 276,161 3,688,681 4,104,675

Net Outlays

 National Defense 56,168 665,922 622,222

 International Affairs 4,611 57,799 53,509

 General Science, Space, and Technology 3,079 32,804 30,132

 Energy -50 -321 -4,972

 Natural Resources and Environment 4,423 36,892 32,322

 Agriculture 2,028 31,024 30,029

 Commerce and Housing Credit 1,300 52,235 -13,298

 Transportation 10,493 99,770 102,857

 Community and Regional Development 3,612 77,471 63,255

 Education, Training, Employment, and Social Services 85,730 286,327 190,757

 Health 67,485 740,949 759,394

 Medicare 21,278 656,818 590,154

 Income Security 43,361 665,938 750,841

 Social Security 115,581 1,122,357 1,011,603

 Veterans Benefits and Services 12,907 232,789 217,143

 Administration of Justice 5,834 67,559 59,178

 General Government 1,300 27,238 119,755

 Net Interest 67,032 561,263 408,839

 Undistributed Offsetting Receipts -9,229 -112,731 -192,927

 Total 496,943 5,302,103 4,830,793

Note: Details may not add to totals due to rounding.

38
Explanatory Notes 

1. Flow of Data into Monthly Treasury Statement

The Monthly Treasury Statement (MTS) is assembled from data in the

central accounting system. The major sources of data include monthly

accounting reports by Federal entities and disbursing officers, and daily

reports from the Federal Reserve banks. These reports detail accounting

transactions affecting receipts and outlays of the Federal Government and

off-budget Federal entities, and their related effect on the assets and

liabilities of the U.S. Government. Information is presented in the MTS on

a modified cash basis. 

2. Notes on Receipts 

Receipts included in the report are classified into the following major

categories: (1) budget receipts and (2) offsetting collections (also called

applicable receipts). Budget receipts are collections from the public that

result from the exercise of the Government's sovereign or governmental

powers, excluding receipts offset against outlays. These collections, also 

called governmental receipts, consist mainly of tax receipts (including

social insurance taxes), receipts from court fines, certain licenses, and

deposits of earnings by the Federal Reserve System. Refunds of receipts

are treated as deductions from gross receipts. 

Offsetting collections are from other Government accounts or the public

that are of a business-type or market-oriented nature. They are classified

into two major categories: (1) offsetting collections credited to

appropriations or fund accounts, and (2) offsetting receipts (i.e., amounts

deposited in receipt accounts). Collections credited to appropriation or

fund accounts normally can be used without appropriation action by

Congress. These occur in two instances: (1) when authorized by law,

amounts collected for materials or services are treated as

reimbursements to appropriations and (2) in the three types of revolving

funds (public enterprise, intra governmental, and trust); collections are

netted against spending, and outlays are reported as the net amount. 

Offsetting receipts in receipt accounts cannot be used without being

appropriated. They are subdivided into two categories: (1) proprietary

receipts - these collections are from the public and they are offset against 

outlays by agency and by function, and (2) intra governmental funds -

these are payments into receipt accounts from Governmental

appropriation or fund accounts. The transactions may be intrabudgetary

when the payment and receipt both occur within the budget or from

receipts from off-budget Federal entities in those cases where payment is

made by a Federal entity whose budget authority and outlays are excluded

from the budget totals. 

Intrabudgetary transactions are subdivided into three categories: (1)

interfund transactions, where the payments are from one fund group

(either Federal funds or trust funds) to a receipt account in the other fund

group; (2) Federal intrafund transactions, where the payments and 

receipts both occur within the Federal fund group; and (3) trust intrafund

transactions, where the payments and receipts both occur within the trust

fund group.

Offsetting receipts are generally deducted from budget authority and

outlays by function, by subfunction, or by agency. There are four types of

receipts, however, that are deducted from budget totals as undistributed 

offsetting receipts. They are: (1) agencies' payments (including payments

by off-budget Federal entities) as employers into employees retirement

funds, (2) interest received by trust funds, (3) rents and royalties on the

Outer Continental Shelf lands, and (4) other interest (i.e., interest collected

on Outer Continental Shelf money in deposit funds when such money is

transferred into the budget). 

3. Notes on Outlays

Outlays are generally accounted for on the basis of checks issued,

electronic funds transferred, or cash payments made. Certain outlays do

not require issuance of cash or checks. An example is charges made

against appropriations for that part of employees' salaries withheld for 

taxes or savings bond allotments - these are counted as payments to the

employee and credits for whatever purpose the money was withheld.

Outlays are stated net of offsetting collections (including receipts of

revolving and management funds) and of refunds. Interest on the public

debt (public issues) is recognized on the accrual basis. Federal credit 

programs subject to the Federal Credit Reform Act of 1990 use the cash

basis of accounting and are divided into two components. The portion of

the credit activities that involve a cost to the Government (mainly

subsidies) is included within the budget program accounts. The remaining

portion of the credit activities are in non-budget financing accounts.

Outlays of off-budget Federal entities are excluded by law from budget

totals. However, they are shown separately and combined with the onbudget outlays to display total Federal outlays. 

4. Processing

The data on payments and collections are reported by account symbol

into the central accounting system. In turn, the data are extracted from 

this system for use in the preparation of the MTS. 

There are two major checks which are conducted to assure consistency

of the data reported: 

1. Verification of payment data. The monthly payment activity reported by

Federal entities on the Statements of Transactions is compared to the

payment activity of Federal entities as reported by disbursing officers. 

2. Verification of collection data. Reported collections appearing on

Statements of Transactions are compared to deposits as reported by

Federal Reserve Banks. 

5. Other Sources of Information About Federal Government Financial

Activities

 A Glossary of Terms Used in the Federal Budget Process, 2005

(Available from the U.S. Government Accountability Office, at calling

202-512-6000. This glossary provides a basic reference document

of standardized definitions of terms used by the Federal Government

in the budget making process).

 Daily Treasury Statement (Available on the internet at

https://fiscaldata.treasury.gov/datasets/daily-treasury-statement/

operating-cash-balance). The Daily Treasury Statement is

published each working day of the Federal Government and provides

data on the cash and debt operations of the Treasury.

 Monthly Statement of the Public Debt of the United States (Available

on the internet at https://fiscaldata.treasury.gov/datasets/

monthly-statement-public-debt/summary-of-treasury-securitiesoutstanding). This publication provides detailed information

concerning the public debt.

 Treasury Bulletin (Available from GPO, Washington, D.C. 20401 on a

subscription or single copy and on the internet at

https://www.fiscal.treasury.gov/reports-statements/treasurybulletin/). Quarterly, contains a mix of narrative, tables, and

charts on Treasury issues, Federal financial operations, international

statistics, and special reports.

 Budget of the United States Government, Fiscal Year 20__ (Available

from GPO, Washington, D.C. 20401 on a subscription basis only and

on the internet at http://www.access.gpo.gov/usbudget). This

publication is a single volume which provides budget information and

contains:

- Appendix, The Budget of the United States Government, FY

20

- The United States Budget in Brief, FY 20

- Analytical Perspectives

- Historical Tables

 Combined Statement of Receipts, Outlays, and Balances of the

United States Government (Available from Bureau of the Fiscal

Service, U.S. Department of Treasury, Washington, D.C. 20227 and

on the internet at https://www.fiscal.treasury.gov/reportsstatements/combined-statement/). This report includes budgetary

results at the summary level and presents individual receipt and

appropriation accounts at the detail level.

39
Scheduled Release

The release date for the August 2023 Statement 

will be 2:00 p.m. EST September 13, 2023.

Internet service subscribers can access the current issue of the Monthly Treasury Statement through the

Bureau of the Fiscal Service’s website:

http://www.fiscal.treasury.gov/fsreports/rpt/mthTreasStmt/mthTreasStmt_home.htm