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 2022 Through May 31, 2022, 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

May has been a deficit month 67 times out of 68 fiscal years since there are generally no major corporate or 

individual tax due dates in this month. 

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 April, 

because May 1, 2022, the normal payment date, fell on a non-business day.
4

Figure 2. Cumulative Receipts, Outlays, and Surplus/Deficit through Fiscal Year 2022

Total Receipts

$3,375 Billion

Total Outlays

$3,801 Billion

Receipts by Source: Outlays by Function:

Deficit

$426 Billion

Source data: Table 9

Miscellaneous 

Excise Taxes 

Corporation Income Taxes 

Customs Duties

Estate and Gift Taxes

Social Security

National Defense

Income Security

Health

Veterans' Benefits & Services

Education

Other

Medicare

Net Interest

Transportation

Individual Income Taxes $1,935 Billion

Social Insurance & Retirement $979 Billion

$97 Billion 

$223 Billion

$66 Billion 

$22 Billion 

$53 Billion 

$800 Billion 

$649 Billion 

$611 Billion 

$495 Billion 

$459 Billion

$311 Billion

$174 Billion

$123 Billion

$80 Billion 

$99 Billion

Figure 1. Receipts, Outlays, and Surplus/Deficit for May 2022

Total Receipts Total Outlays

$389 Billion $455 Billion

Net Interest

General Government

Medicare

Education

Veterans' Benefits & Services

Receipts by Source: Outlays by Function:

Deficit

$66 Billion

Social Security

Income Security

Other

$76 Billion Health

$103 Billion 

National Defense

$58 Billion 

$57 Billion

$56 Billion

$32 Billion

$15 Billion

$15 Billion

$11 Billion

$31 Billion

Social Insurance & Retirement

Individual Income Taxes

Estate and Gift Taxes

Miscellaneous 

Customs Duties $8 Billion

Corporation Income Taxes

Excise Taxes $8 Billion

$8 Billion 

$3 Billion 

$14 Billion 

$217 Billion

$132 Billion
5

Period Receipts Outlays Deficit/Surplus (-)

Table 1. Summary of Receipts, Outlays, and the Deficit/Surplus of the U.S. Government, Fiscal Years 2021 and 2022, by Month

[$ millions]

FY 2021

 October 237,697 521,768 284,071

 November 219,553 364,819 145,266

 December 346,119 489,682 143,562

 January 384,651 547,483 162,832

 February 248,314 559,236 310,922

 March 267,614 927,217 659,603

 April 439,186 664,766 225,579

 May 463,745 595,698 131,953

 June 449,199 623,359 174,161

 July 262,000 564,050 302,050

 August 268,378 439,013 170,635

 September 459,523 524,463 64,940

 Year-to-Date 4,045,979 6,821,554 2,775,575

FY 2022

 October 283,927 448,983 165,055

 November 281,208 472,543 191,335

 December 486,738 508,041 21,303

 January 465,079 346,380

 February 289,863 506,453

 March 315,172 507,806

-118,699

216,590

192,634

 April 863,649 555,434

 May 388,993 455,216

-308,215

66,223

 Year-to-Date 3,374,629 3,800,854 426,226

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

(2021)

Budget

Estimates

Next Fiscal

Year (2023) 1

Table 2. Summary of Budget and Off-Budget Results and Financing of the U.S. Government, May 2022 and Other Periods

[$ millions]

Total On-Budget and Off-Budget Results:

 Total Receipts 388,993 3,374,629 4,436,626 2,606,879 4,638,192

 On-Budget Receipts 303,711 2,674,690 3,389,419 1,952,379 3,537,550

 Off-Budget Receipts 85,282 699,939 1,047,207 654,501 1,100,642

 Total Outlays 455,216 3,800,854 5,851,576 4,670,668 5,792,048

 On-Budget Outlays 353,899 3,084,027 4,763,683 3,996,695 4,605,306

 Off-Budget Outlays 101,316 716,828 1,087,893 673,973 1,186,742

 Total Surplus (+) or Deficit (-) -66,223 -426,226 -1,414,950 -2,063,789 -1,153,856

 On-Budget Surplus (+) or Deficit (-) -50,188 -409,337 -1,374,264 -2,044,316 -1,067,756

 Off-Budget Surplus (+) or Deficit (-) -16,034 -16,888 -40,686 -19,473 -86,100

 Total On-Budget and Off-Budget Financing 66,223 426,226 1,414,950 2,063,789 1,153,856

Means of Financing:

 Borrowing from the Public 50,180 1,599,254 2,552,166 997,241 1,197,096

 Reduction of Operating Cash, Increase (-) 69,000 -639,080 -534,840 1,004,979 ......

 By Other Means -52,957 -533,948 -602,376 61,568 -43,240

1 These estimates are based on the FY 2023 Budget, released by the Office of

Management and Budget on March 28, 2022.

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

... No Transactions
6 Source data: Table 1

Receipts Outlays Deficit(-)/Surplus

2021 2022

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

($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

2021 and 2022

2021 2022

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

$1,000B

$2,000B

$3,000B

$4,000B

($7,000B)

($5,000B)

($3,000B)

($1,000B)

($2,000B)

($1,000B)

$0B

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

Fiscal Years 2021 and 2022

Receipts Outlays Deficit(-)/Surplus

$0B
7 Source data: Table 9

$97B $87B

$53B

$223B

$1,935B

$979B

Fiscal Year 2022 to Date: $3,375B

 $14B $11B

$8B

$8B

$217B

$132B

Month of May 2022: $389B

Figure 5. Receipts of the U.S. Government, by Source, Fiscal Year 2022

Miscellaneous Receipts

Other

Excise Taxes

Corporation Income Taxes

Individual Income Taxes

Social Insurance and Retirement Receipts

2021 2022

Oct

NovDec

Jan

Feb

Mar

Apr

May

Jun

Jul

AugSep

Oct

NovDec

Jan

Feb

Mar

Apr

May

$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 2021 and 2022

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

$103B

$15B

$58B

$76B

$57B

$56B

$90B

Month of May 2022: $455B

$800B

$459B

$649B

$611B

$495B

$311B

$476B

Fiscal Year 2022 to Date: $3,801B

Figure 7. Outlays of the U.S. Government, by Source, Fiscal Year 2022

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 2021 and 2022

2021 2022

Oct

NovDec

Jan

Feb

Mar

Apr

May

Jun

Jul

AugSep

Oct

NovDec

Jan

Feb

Mar

Apr

May

$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, May 2022 and Other Periods

[$ millions]

Budget Receipts

 Individual Income Taxes 216,882 1,934,657 1,325,823 2,263,370

 Corporation Income Taxes 7,708 223,498 190,955 382,560

 Social Insurance and Retirement Receipts:

 Employment and General Retirement (Off-Budget) 85,282 699,939 654,501 1,047,207

 Employment and General Retirement (On-Budget) 25,272 222,247 203,752 334,047

 Unemployment Insurance 20,417 52,583 38,858 57,980

 Other Retirement 557 4,179 3,744 6,362

 Excise Taxes 8,046 53,384 43,285 84,113

 Estate and Gift Taxes 3,173 21,633 19,091 25,742

 Customs Duties 8,095 65,817 50,199 92,638

 Miscellaneous Receipts 13,561 96,692 76,672 142,607

 Total Receipts 388,993 3,374,629 2,606,879 4,436,626

 (On-Budget) 303,711 2,674,690 1,952,379 3,389,419

 (Off-Budget) 85,282 699,939 654,501 1,047,207

Budget Outlays

 Legislative Branch 556 3,842 3,466 5,990

 Judicial Branch 681 5,677 5,551 8,788

 Department of Agriculture 18,533 167,952 156,475 260,746

 Department of Commerce 1,203 8,357 9,589 16,559

 Department of Defense--Military Programs 54,303 470,865 480,043 740,976

 Department of Education 11,702 97,784 71,386 222,877

 Department of Energy 952 18,729 22,836 38,271

 Department of Health and Human Services 90,601 1,054,754 957,695 1,626,127

 Department of Homeland Security 7,243 54,332 60,996 89,498

 Department of Housing and Urban Development 5,175 36,193 28,172 33,428

 Department of the Interior 1,181 8,277 9,436 19,929

 Department of Justice 3,844 26,083 25,434 44,234

 Department of Labor 8,244 40,154 288,355 145,716

 Department of State 2,747 20,507 20,783 35,078

 Department of Transportation 8,648 70,707 64,346 123,825

 Department of the Treasury:

 Interest on Treasury Debt Securities (Gross) 72,760 423,100 319,883 561,817

 Other 54,759 346,411 891,582 380,512

 Department of Veterans Affairs 10,864 173,109 155,712 273,660

 Corps of Engineers 683 5,641 5,643 6,980

 Other Defense Civil Programs -2,513 35,171 41,938 63,862

 Environmental Protection Agency 560 6,004 5,486 8,747

 Executive Office of the President 37 299 288 520

 General Services Administration -209 -805 -686 -292

 International Assistance Programs 5,494 19,611 14,582 24,562

 National Aeronautics and Space Administration 1,740 14,757 14,792 23,396

 National Science Foundation 564 4,774 4,417 8,580

 Office of Personnel Management 9,101 75,399 71,451 114,518

 Small Business Administration 2,532 23,321 293,748 24,088

 Social Security Administration 103,589 839,061 788,492 1,282,622

 Independent Agencies 4,352 24,248 12,263 43,946

 Allowances ...... ...... ...... 267

 Undistributed Offsetting Receipts:

 Interest -14,273 -97,928 -67,325 -146,140

 Other -10,440 -175,532 -86,161 -232,111

 Total Outlays 455,216 3,800,854 4,670,668 5,851,576

 (On-Budget) 353,899 3,084,027 3,996,695 4,763,683

 (Off-Budget) 101,316 716,828 673,973 1,087,893

 Surplus (+) or Deficit (-) -66,223 -426,226 -2,063,789 -1,414,950

 (On-Budget) -50,188 -409,337 -2,044,316 -1,374,264

 (Off-Budget) -16,034 -16,888 -19,473 -40,686

1 These estimates are based on the FY 2023 Budget, released by the Office of Note: Details may not add to totals due to rounding.

Management and Budget on March 28, 2022. ... 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, May 2022 and Other Periods

[$ millions]

Individual Income Taxes

 Withheld 130,831 1,248,104 965,505

 Presidential Election Campaign Fund 2 21 20

 Other 110,698 887,022 572,143

 Total -- Individual Income Taxes 241,531 24,650 216,882 2,135,147 200,490 1,934,657 1,537,667 211,845 1,325,823

Corporation Income Taxes 12,198 4,491 7,708 258,526 35,029 223,498 224,844 33,889 190,955

Social Insurance and Retirement Receipts:

 Employment and General Retirement:

 Federal Old-Age and Survivors Insurance Trust Fund:

 Federal Insurance Contributions Act Taxes 71,960 ...... 71,960 564,052 ...... 564,052 530,067 3,310 526,757

 Self-Employment Contributions Act Taxes 942 ...... 942 31,207 ...... 31,207 28,623 ...... 28,623

 Adjustments Attributable to Prior Years-FICA ...... ...... ...... 2,565 ...... 2,565 4,019 ...... 4,019

 Adjustments Attrbutable to Prior Years-SECA ...... ...... ...... 492 ...... 492 45 ...... 45

 Total -- Federal Old-Age and Survivors Insurance Trust Fund 72,902 ...... 72,902 598,317 ...... 598,317 562,755 3,310 559,445

 Federal Disability Insurance Trust Fund:

 Federal Insurance Contributions Act Taxes 12,220 ...... 12,220 95,784 ...... 95,784 90,012 562 89,450

 Self-Employment Contributions Act Taxes 160 ...... 160 5,300 ...... 5,300 4,862 ...... 4,862

 Adjustments Attributable to Prior Years-FICA ...... ...... ...... 429 ...... 429 731 ...... 731

 Adjustments Attributable to Prior Years-SECA ...... ...... ...... 110 ...... 110 13 ...... 13

 Total -- Federal Disability Insurance Trust Fund 12,380 ...... 12,380 101,623 ...... 101,623 95,618 562 95,056

 Federal Hospital Insurance Trust Fund:

 Federal Insurance Contributions Act Taxes 24,359 ...... 24,359 203,067 ...... 203,067 185,951 ...... 185,951

 Self-Employment Contributions Act Taxes 415 ...... 415 14,072 ...... 14,072 13,017 ...... 13,017

 Adjustments Attributable to Prior Years-FICA ...... ...... ...... 863 ...... 863 1,221 ...... 1,221

 Adjustments Attributable to Prior Years-SECA ...... ...... ...... 61 ...... 61 100 ...... 100

 Total -- Federal Hospital Insurance Trust Fund 24,774 ...... 24,774 218,063 ...... 218,063 200,289 ...... 200,289

 Railroad Retirement:

 Rail Pension and Supplemental Annuity 279 1 278 2,197 1 2,196 1,880 5 1,875

 Social Security Equivalent Account 221 1 220 1,989 1 1,988 1,593 5 1,588

 Total -- Employment and General Retirement 110,556 2 110,554 922,188 2 922,186 862,134 3,882 858,252

 Unemployment Insurance:

 Deposits by States 17,422 ...... 17,422 46,370 ...... 46,370 33,512 ...... 33,512

 Federal Unemployment Taxes 2,978 9 2,969 6,095 64 6,031 5,364 82 5,282

 Railroad Unemployment Taxes 26 ...... 26 183 ...... 183 64 ...... 64

 Total -- Unemployment Insurance 20,426 9 20,417 52,648 64 52,583 38,940 82 38,858

 Other Retirement:

 Federal Employees' Retirement--Employee Share 556 ...... 556 4,163 ...... 4,163 3,726 ...... 3,726

 Non-Federal Employees Retirement 2 ...... 2 16 ...... 16 17 ...... 17

 Total -- Other Retirement 557 ...... 557 4,179 ...... 4,179 3,744 ...... 3,744

 Total -- Social Insurance and Retirement Receipts 131,539 11 131,528 979,015 66 978,949 904,817 3,963 900,854

Excise Taxes:

 Miscellaneous Excise Taxes 5,858 239 5,619 23,746 3,630 20,116 20,472 4,897 15,575

 Airport and Airway Trust Fund -763 16 -779 4,621 16 4,605 5,834 8 5,826

 Highway Trust Fund 3,260 44 3,215 28,807 248 28,558 21,980 247 21,733

 Black Lung Disability Trust Fund -9 ...... -9 105 ...... 105 150 ...... 150

 Total -- Excise Taxes 8,346 300 8,046 57,279 3,895 53,384 48,437 5,152 43,285

Estate and Gift Taxes 3,340 167 3,173 22,236 603 21,633 19,723 632 19,091

Customs Duties 8,505 409 8,095 69,569 3,752 65,817 55,189 4,990 50,199

Miscellaneous Receipts:

 Deposit of Earnings, Federal Reserve System 11,768 ...... 11,768 82,743 ...... 82,743 57,709 ...... 57,709

 Universal Service Fund 562 ...... 562 5,354 ...... 5,354 6,348 ...... 6,348

 All Other 1,232 (**) 1,232 8,602 7 8,594 12,624 8 12,616

 Total -- Miscellaneous Receipts 13,562 (**) 13,561 96,699 7 96,692 76,680 8 76,672

Total -- Receipts 419,021 30,028 388,993 3,618,470 243,842 3,374,629 2,867,358 260,479 2,606,879

 Total -- On-Budget 333,739 30,028 303,711 2,918,531 243,842 2,674,690 2,208,985 256,607 1,952,379

 Total -- Off-Budget 85,282 ...... 85,282 699,939 ...... 699,939 658,372 3,872 654,501

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, May 2022 and Other Periods

[$ millions]

Legislative Branch:

 Senate 89 4 85 702 5 697 663 (**) 663

 House of Representatives 137 (**) 137 1,094 2 1,092 990 2 988

 Joint Items 2 ...... 2 17 ...... 17 18 ...... 18

 Capitol Police 60 ...... 60 357 ...... 357 326 ...... 326

 Congressional Budget Office 7 ...... 7 40 ...... 40 36 ...... 36

 Architect of the Capitol 78 (**) 78 499 (**) 499 511 (**) 511

 Library of Congress 90 1 89 529 5 524 469 2 467

 Government Publishing Office 9 ...... 9 90 ...... 90 -4 ...... -4

 Government Accountability Office 80 ...... 80 481 ...... 481 407 ...... 407

 United States Tax Court 5 ...... 5 38 ...... 38 38 ...... 38

 Other Legislative Branch Agencies 7 ...... 7 40 ...... 40 48 ...... 48

 Proprietary Receipts from the Public ...... 2 -2 ...... 28 -28 ...... 25 -25

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

 Total--Legislative Branch 564 7 556 3,883 40 3,842 3,495 29 3,466

Judicial Branch:

 Supreme Court of the United States 11 ...... 11 79 ...... 79 73 ...... 73

 Courts of Appeals, District Courts, and Other Judicial

 Services 642 ...... 642 5,977 ...... 5,977 5,830 ...... 5,830

 Other 31 ...... 31 536 ...... 536 520 ...... 520

 Proprietary Receipts from the Public ...... 35 -35 ...... 117 -117 ...... 101 -101

 Intrabudgetary Transactions 31 ...... 31 -798 ...... -798 -772 ...... -772

 Total--Judicial Branch 715 35 681 5,794 117 5,677 5,651 101 5,551

Department of Agriculture:

 Agricultural Research Service 157 ...... 157 1,069 ...... 1,069 970 ...... 970

 National Institute of Food and Agriculture:

 Research and Education Activities 66 ...... 66 510 ...... 510 479 ...... 479

 Extension Activities 41 ...... 41 346 ...... 346 310 ...... 310

 Other 11 ...... 11 95 ...... 95 77 ...... 77

 Animal and Plant Health Inspection Service 282 ...... 282 1,169 ...... 1,169 942 ...... 942

 Food Safety and Inspection Service 131 ...... 131 758 ...... 758 680 ...... 680

 Agricultural Marketing Service 155 ...... 155 1,284 ...... 1,284 1,341 ...... 1,341

 Risk Management Agency:

 Administrative and Operating Expenses 8 ...... 8 47 ...... 47 41 ...... 41

 Federal Crop Insurance Corporation Fund 360 56 303 11,031 4,376 6,655 7,185 2,013 5,171

 Farm Service Agency:

 Salaries and Expenses 37 ...... 37 620 ...... 620 618 ...... 618

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

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

 Commodity Credit Corporation 242 562 -320 11,336 3,985 7,352 16,098 4,958 11,140

 Tobacco Trust Fund (**) ...... (**) (**) ...... (**) (**) ...... (**)

 Agricultural Credit Insurance Fund 116 1 114 319 21 298 327 25 302

 Other 6 ...... 6 93 ...... 93 106 ...... 106

 Total--Farm Service Agency 402 563 -161 12,369 4,006 8,363 17,149 4,983 12,166

 Natural Resources Conservation Service:

 Conservation Operations 70 ...... 70 521 ...... 521 548 ...... 548

 Farm Security and Rural Investment Programs 229 ...... 229 2,351 ...... 2,351 2,299 ...... 2,299

 Other 24 ...... 24 168 ...... 168 249 ...... 249

 Rural Development 51 ...... 51 178 ...... 178 -24 ...... -24

 Rural Housing Service:

 Rural Housing Insurance Fund 37 34 2 326 242 84 474 266 208

 Rental Assistance Program 112 ...... 112 891 ...... 891 910 ...... 910

 Other 24 ...... 24 145 ...... 145 142 ...... 142

 Rural Utilities Service:

 Rural Electrification and Telecommunications Fund 10 123 -113 460 159 301 336 45 291

 Other 67 3 64 501 30 471 408 35 373

 Foreign Agricultural Service 179 ...... 179 1,627 ...... 1,627 1,504 ...... 1,504

 Food and Nutrition Service:

 Supplemental Nutrition Assistance Program 11,782 ...... 11,782 101,879 ...... 101,879 77,657 ...... 77,657

 Child Nutrition Programs 4,082 ...... 4,082 28,229 ...... 28,229 17,552 ...... 17,552

 Special Supplemental Nutrition Program for Women,

 Infants, and Children (WIC) 455 ...... 455 3,607 ...... 3,607 3,229 ...... 3,229

 Other 49 ...... 49 679 ...... 679 799 ...... 799

 Total--Food and Nutrition Service 16,368 ...... 16,368 134,394 ...... 134,394 99,237 ...... 99,237

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, May 2022 and Other Periods - Continued

[$ millions]

Department of Agriculture: - Continued

 Forest Service:

 National Forest System 198 ...... 198 1,231 ...... 1,231 1,200 ...... 1,200

 Capital Improvement and Maintenance 10 ...... 10 101 ...... 101 152 ...... 152

 Wildland Fire Management 252 ...... 252 2,107 ...... 2,107 2,248 ...... 2,248

 Forest Service Permanent Appropriations 20 ...... 20 353 ...... 353 325 ...... 325

 Other 206 ...... 206 1,112 ...... 1,112 852 ...... 852

 Total--Forest Service 686 ...... 686 4,904 ...... 4,904 4,777 ...... 4,777

 Other 834 4 830 3,748 52 3,696 24,754 56 24,698

 Proprietary Receipts from the Public (**) 88 -88 (**) 1,219 -1,219 (**) 1,001 -1,001

 Intrabudgetary Transactions -900 ...... -900 -855 ...... -855 89 ...... 89

 Total--Department of Agriculture 19,406 873 18,533 178,035 10,083 167,952 164,875 8,400 156,475

Department of Commerce:

 Economic Development Administration 94 ...... 94 611 ...... 611 514 ...... 514

 Bureau of the Census 175 ...... 175 1,214 ...... 1,214 2,443 ...... 2,443

 International Trade Administration 60 ...... 60 345 ...... 345 351 ...... 351

 National Oceanic and Atmospheric Administration 621 -1 622 4,103 5 4,098 3,724 15 3,709

 National Institute of Standards and Technology 120 ...... 120 835 ...... 835 754 ...... 754

 National Telecommunications and Information Administration 24 (**) 24 1,080 (**) 1,080 1,496 (**) 1,496

 Other 129 4 125 213 36 177 377 46 331

 Proprietary Receipts from the Public ...... 16 -16 ...... -1 1 ...... 7 -7

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

 Offsetting Governmental Receipts ...... (**) (**) ...... 2 -2 ...... 1 -1

 Total--Department of Commerce 1,222 19 1,203 8,400 42 8,357 9,659 70 9,589

Department of Defense--Military Programs:

 Military Personnel:

 Department of the Army 2,952 ...... 2,952 43,525 ...... 43,525 45,376 ...... 45,376

 Department of the Navy 2,763 ...... 2,763 37,639 ...... 37,639 36,781 ...... 36,781

 Department of the Air Force 2,374 (**) 2,374 29,423 (**) 29,423 28,225 ...... 28,225

 Defense Agencies ...... ...... ...... 10,569 ...... 10,569 9,845 ...... 9,845

 Total--Military Personnel 8,089 (**) 8,089 121,157 (**) 121,157 120,227 ...... 120,227

 Operation and Maintenance:

 Department of the Army 5,402 ...... 5,402 42,915 ...... 42,915 47,818 ...... 47,818

 Department of the Navy 6,023 ...... 6,023 45,061 ...... 45,061 44,917 ...... 44,917

 Department of the Air Force 5,234 ...... 5,234 42,103 ...... 42,103 42,188 ...... 42,188

 Defense Agencies 6,992 (**) 6,992 55,661 (**) 55,661 52,617 ...... 52,617

 Total--Operation and Maintenance 23,651 (**) 23,651 185,740 (**) 185,740 187,540 ...... 187,540

 International Reconstruction and Other Assistance:

 Department of the Army ...... ...... ...... ...... ...... ...... 1 ...... 1

 Procurement:

 Department of the Army 1,599 ...... 1,599 15,231 ...... 15,231 16,727 ...... 16,727

 Department of the Navy 3,928 ...... 3,928 36,800 ...... 36,800 37,874 ...... 37,874

 Department of the Air Force 4,757 ...... 4,757 30,837 ...... 30,837 33,472 ...... 33,472

 Defense Agencies 1,613 ...... 1,613 5,820 ...... 5,820 6,257 ...... 6,257

 Total--Procurement 11,898 ...... 11,898 88,687 ...... 88,687 94,331 ...... 94,331

 Research, Development, Test, and Evaluation:

 Department of the Army -101 ...... -101 9,184 ...... 9,184 9,173 ...... 9,173

 Department of the Navy 2,058 ...... 2,058 13,219 ...... 13,219 13,193 ...... 13,193

 Department of the Air Force 5,476 ...... 5,476 29,475 ...... 29,475 30,772 ...... 30,772

 Defense Agencies 2,007 ...... 2,007 16,568 ...... 16,568 16,495 ...... 16,495

 Total--Research, Development, Test, and Evaluation 9,440 ...... 9,440 68,447 ...... 68,447 69,634 ...... 69,634

 Military Construction:

 Department of the Army 124 ...... 124 1,183 ...... 1,183 1,066 ...... 1,066

 Department of the Navy 358 ...... 358 2,281 ...... 2,281 1,802 ...... 1,802

 Department of the Air Force 150 ...... 150 1,128 ...... 1,128 1,253 ...... 1,253

 Defense Agencies 244 ...... 244 1,751 ...... 1,751 2,040 ...... 2,040

 Total--Military Construction 876 ...... 876 6,343 ...... 6,343 6,161 ...... 6,161

 Family Housing:

 Department of the Army 41 ...... 41 329 ...... 329 361 ...... 361

 Department of the Navy 43 ...... 43 297 ...... 297 243 ...... 243

 Department of the Air Force 25 ...... 25 224 ...... 224 218 ...... 218

 Defense Agencies 4 ...... 4 50 ...... 50 39 ...... 39

 Revolving and Management Funds:

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, May 2022 and Other Periods - Continued

[$ millions]

Department of Defense--Military Programs: - Continued

 Department of the Navy (**) ...... (**) 41 ...... 41 22 ...... 22

 Defense Agencies:

 Working Capital Fund 481 ...... 481 104 ...... 104 2,148 ...... 2,148

 Other -18 ...... -18 -96 ...... -96 -27 ...... -27

 Allowances ...... ...... ...... ...... ...... ...... (**) ...... (**)

 Trust Funds:

 Department of the Army 1 ...... 1 -1 ...... -1 8 ...... 8

 Department of the Navy 3 ...... 3 21 ...... 21 20 ...... 20

 Department of the Air Force 1 ...... 1 3 ...... 3 23 ...... 23

 Defense Agencies 46 ...... 46 370 ...... 370 301 ...... 301

 Proprietary Receipts from the Public:

 Department of the Army ...... -166 166 ...... -215 215 ...... 27 -27

 Department of the Navy ...... 24 -24 ...... 112 -112 ...... 184 -184

 Department of the Air Force ...... 11 -11 ...... 59 -59 ...... 48 -48

 Defense Agencies ...... 30 -30 ...... 720 -720 ...... 865 -865

 Intrabudgetary Transactions:

 Department of the Army -1 ...... -1 -9 ...... -9 2 ...... 2

 Department of the Navy -3 ...... -3 -46 ...... -46 -26 ...... -26

 Department of the Air Force -438 ...... -438 -168 ...... -168 -21 ...... -21

 Defense Agencies 63 ...... 63 46 ...... 46 -35 ...... -35

 Offsetting Governmental Receipts:

 Department of the Army ...... ...... ...... ...... 1 -1 ...... 1 -1

 Defense Agencies ...... ...... ...... ...... (**) (**) ...... ...... ......

 Total--Department of Defense--Military Programs 54,202 -101 54,303 471,542 677 470,865 481,168 1,125 480,043

Department of Education:

 Office of Elementary and Secondary Education:

 Accelerating Achievement and Ensuring Equity 1,377 ...... 1,377 10,466 ...... 10,466 10,581 ...... 10,581

 Impact Aid 69 ...... 69 1,267 ...... 1,267 1,369 ...... 1,369

 Education Improvement Programs 478 ...... 478 3,402 ...... 3,402 3,032 ...... 3,032

 Other 6,184 ...... 6,184 53,934 ...... 53,934 19,984 ...... 19,984

 Total--Office of Elementary and Secondary Education 8,108 ...... 8,108 69,069 ...... 69,069 34,966 ...... 34,966

 Office of Innovation and Improvement 24 ...... 24 499 ...... 499 523 ...... 523

 Office of English Language Acquisition 86 ...... 86 534 ...... 534 443 ...... 443

 Office of Special Education and Rehabilitative Services:

 Special Education 1,436 ...... 1,436 9,600 ...... 9,600 8,493 ...... 8,493

 Rehabilitation Services and Disability Research 245 ...... 245 2,040 ...... 2,040 1,886 ...... 1,886

 Special Institutions for Persons with Disabilities 21 ...... 21 197 ...... 197 180 ...... 180

 Office of Vocational and Adult Education 165 ...... 165 1,216 ...... 1,216 1,147 ...... 1,147

 Office of Postsecondary Education:

 Higher Education 208 ...... 208 1,563 ...... 1,563 1,529 ...... 1,529

 Other (**) (**) -1 178 1 176 1,908 2 1,906

 Total--Office of Postsecondary Education 208 (**) 207 1,741 1 1,739 3,437 2 3,435

 Office of Federal Student Aid:

 Student Financial Assistance 1,080 ...... 1,080 17,145 ...... 17,145 17,913 ...... 17,913

 Student Aid Administration 206 ...... 206 1,341 ...... 1,341 1,207 ...... 1,207

 Federal Student Loan Reserve Fund ...... ...... ...... ...... ...... ...... -54 ...... -54

 Federal Direct Student Loans ...... ...... ...... 6,488 ...... 6,488 2,728 ...... 2,728

 Federal Family Education Loans (**) ...... (**) 770 ...... 770 -60 ...... -60

 Other 4 (**) 4 24 1 22 52 1 50

 Total--Office of Federal Student Aid 1,290 (**) 1,290 25,769 1 25,768 21,786 1 21,785

 Institute of Education Sciences 59 ...... 59 415 ...... 415 343 ...... 343

 Departmental Management 60 ...... 60 429 ...... 429 413 ...... 413

 Other 5 ...... 5 66 ...... 66 219 ...... 219

 Proprietary Receipts from the Public ...... 10 -10 ...... 13,800 -13,800 ...... 2,449 -2,449

 Intrabudgetary Transactions 6 ...... 6 9 ...... 9 2 ...... 2

 Total--Department of Education 11,713 10 11,702 111,586 13,803 97,784 73,838 2,452 71,386

Department of Energy:

 National Nuclear Security Administration:

 Naval Reactors 106 ...... 106 909 ...... 909 960 ...... 960

 Weapons Activities 1,027 ...... 1,027 8,712 ...... 8,712 8,332 ...... 8,332

 Defense Nuclear Nonproliferation 198 ...... 198 1,362 ...... 1,362 1,233 ...... 1,233

 Other 34 ...... 34 296 ...... 296 277 ...... 277

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, May 2022 and Other Periods - Continued

[$ millions]

Department of Energy: - Continued

 Environmental and Other Defense Activities:

 Defense Environmental Cleanup 496 ...... 496 4,137 ...... 4,137 4,123 ...... 4,123

 Other Defense Activities 84 ...... 84 604 ...... 604 567 ...... 567

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

 Energy Programs:

 Science 545 ...... 545 4,605 ...... 4,605 4,356 ...... 4,356

 Energy Supply 169 ...... 169 1,353 ...... 1,353 1,242 ...... 1,242

 Energy Efficiency and Renewable Energy 206 ...... 206 1,560 ...... 1,560 1,432 ...... 1,432

 Fossil Energy Research and Development 54 ...... 54 481 ...... 481 454 ...... 454

 Uranium Enrichment Decontamination and Decommissioning

 Fund 32 ...... 32 520 ...... 520 516 ...... 516

 Advanced Technology Vehicles Manufacturing Loan Program 1 ...... 1 5 ...... 5 17 ...... 17

 Title 17 Innovative Technology Loan Guarantee Program 24 ...... 24 48 ...... 48 314 ...... 314

 Other 30 42 -11 940 122 818 949 98 852

 Total--Energy Programs 1,061 42 1,019 9,513 122 9,391 9,281 98 9,184

 Power Marketing Administration 360 355 4 2,779 2,936 -158 2,611 2,654 -43

 Departmental Administration 3 ...... 3 193 ...... 193 205 ...... 205

 Proprietary Receipts from the Public ...... 1,806 -1,806 ...... 5,574 -5,574 ...... 899 -899

 Intrabudgetary Transactions -213 ...... -213 -1,145 ...... -1,145 -1,102 ...... -1,102

 Total--Department of Energy 3,155 2,203 952 27,361 8,633 18,729 26,488 3,651 22,836

Department of Health and Human Services:

 Food and Drug Administration 546 1 545 2,803 6 2,797 2,818 5 2,813

 Health Resources and Services Administration 1,395 ...... 1,395 10,510 ...... 10,510 9,227 ...... 9,227

 Indian Health Service 435 ...... 435 5,288 ...... 5,288 7,609 ...... 7,609

 Centers for Disease Control and Prevention 1,752 ...... 1,752 11,602 ...... 11,602 6,774 ...... 6,774

 National Institutes of Health 3,489 ...... 3,489 26,799 ...... 26,799 25,623 ...... 25,623

 Substance Abuse and Mental Health Services Administration 643 ...... 643 4,653 ...... 4,653 3,771 ...... 3,771

 Agency for Healthcare Research and Quality 26 ...... 26 218 ...... 218 224 ...... 224

 Centers for Medicare and Medicaid Services:

 Grants to States for Medicaid 52,073 ...... 52,073 386,378 ...... 386,378 339,338 ...... 339,338

 Payments to Health Care Trust Funds 37,907 ...... 37,907 311,192 ...... 311,192 299,526 ...... 299,526

 Children's Health Insurance Fund 1,413 ...... 1,413 10,940 ...... 10,940 10,325 ...... 10,325

 State Grants and Demonstrations 27 ...... 27 221 ...... 221 189 ...... 189

 Federal Hospital Insurance Trust Fund:

 Benefit Payments 11,653 ...... 11,653 231,175 ...... 231,175 226,875 ...... 226,875

 Administrative Expenses 389 ...... 389 2,243 ...... 2,243 2,253 ...... 2,253

 Total--Federal Hospital Insurance Trust Fund 12,042 ...... 12,042 233,418 ...... 233,418 229,128 ...... 229,128

 Health Care Fraud and Abuse Control 223 ...... 223 1,459 ...... 1,459 1,392 ...... 1,392

 Federal Supplementary Medical Insurance Trust Fund:

 Benefit Payments 15,607 ...... 15,607 280,558 ...... 280,558 259,929 ...... 259,929

 Administrative Expenses 280 ...... 280 2,679 ...... 2,679 2,670 ...... 2,670

 Medicare Prescription Drugs:

 Benefit Payments 85 ...... 85 73,434 ...... 73,434 65,759 ...... 65,759

 Total--Federal Supplementary Medical Insurance Trust

 Fund 15,973 ...... 15,973 356,671 ...... 356,671 328,358 ...... 328,358

 Other 305 ...... 305 4,159 ...... 4,159 4,569 ...... 4,569

 Total--Centers for Medicare and Medicaid Services 119,962 ...... 119,962 1,304,439 ...... 1,304,439 1,212,825 ...... 1,212,825

 Administration for Children and Families:

 Temporary Assistance for Needy Families 1,400 ...... 1,400 10,242 ...... 10,242 9,986 ...... 9,986

 Contingency Fund 89 ...... 89 398 ...... 398 352 ...... 352

 Payments to States for Child Support Enforcement and

 Family Support Programs 313 ...... 313 2,380 ...... 2,380 2,214 ...... 2,214

 Low Income Home Energy Assistance 606 ...... 606 4,831 ...... 4,831 3,052 ...... 3,052

 Refugee and Entrant Assistance 646 ...... 646 3,996 ...... 3,996 2,488 ...... 2,488

 Child Care Entitlement to States 217 ...... 217 1,884 ...... 1,884 1,950 ...... 1,950

 Payments to States for the Child Care and Development

 Block Grant 1,674 ...... 1,674 14,991 ...... 14,991 5,900 ...... 5,900

 Social Services Block Grant 227 ...... 227 936 ...... 936 1,053 ...... 1,053

 Children and Families Services Programs 1,162 ...... 1,162 9,119 ...... 9,119 8,839 ...... 8,839

 Payments to States for Foster Care and Adoption

 Assistance 754 ...... 754 6,127 ...... 6,127 6,092 ...... 6,092

 Other 59 ...... 59 392 ...... 392 322 ...... 322

 Total--Administration for Children and Families 7,147 ...... 7,147 55,297 ...... 55,297 42,247 ...... 42,247

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, May 2022 and Other Periods - Continued

[$ millions]

Department of Health and Human Services: - Continued

 Administration for Community Living 294 ...... 294 1,773 ...... 1,773 1,788 ...... 1,788

 Departmental Management 5,880 ...... 5,880 75,044 ...... 75,044 48,660 ...... 48,660

 Other -48 ...... -48 539 ...... 539 569 ...... 569

 Proprietary Receipts from the Public ...... 12,911 -12,911 ...... 132,488 -132,488 ...... 104,457 -104,457

 Intrabudgetary Transactions:

 Payments for Health Insurance for the Aged:

 Federal Supplementary Medical Insurance Trust Fund -37,664 ...... -37,664 -289,225 ...... -289,225 -283,638 ...... -283,638

 Payments for Tax and Other Credits:

 Federal Hospital Insurance Trust Fund -243 ...... -243 -21,975 ...... -21,975 -15,914 ...... -15,914

 Other -101 ...... -101 -516 ...... -516 -427 ...... -427

 Total--Department of Health and Human Services 103,513 12,912 90,601 1,187,248 132,495 1,054,754 1,062,158 104,462 957,695

Department of Homeland Security:

 Departmental Management and Operations 219 ...... 219 1,396 ...... 1,396 1,341 ...... 1,341

 Citizenship and Immigration Services 366 ...... 366 2,830 ...... 2,830 2,794 ...... 2,794

 United States Secret Service 275 ...... 275 1,832 ...... 1,832 1,745 ...... 1,745

 Transportation Security Administration 594 ...... 594 4,771 ...... 4,771 4,987 ...... 4,987

 Immigration and Customs Enforcement 910 ...... 910 6,002 ...... 6,002 5,358 ...... 5,358

 U.S. Customs and Border Protection 1,621 3 1,618 11,882 19 11,863 11,885 8 11,877

 United States Coast Guard 433 ...... 433 5,339 ...... 5,339 8,042 ...... 8,042

 National Protection and Programs Directorate 184 ...... 184 1,273 ...... 1,273 1,201 ...... 1,201

 Federal Emergency Management Agency:

 State and Local Programs 1 ...... 1 6 ...... 6 6 ...... 6

 Firefighter Assistance Grants (**) ...... (**) 9 ...... 9 40 ...... 40

 Disaster Relief 3,368 ...... 3,368 23,167 ...... 23,167 29,329 ...... 29,329

 National Flood Insurance Fund 78 234 -156 1,666 1,152 515 1,140 1,188 -48

 Other 130 ...... 130 824 ...... 824 922 ...... 922

 Total--Federal Emergency Management Agency 3,578 234 3,344 25,671 1,152 24,520 31,437 1,188 30,249

 Science and Technology 67 ...... 67 494 ...... 494 490 ...... 490

 Domestic Nuclear Detection Office 30 ...... 30 246 ...... 246 245 ...... 245

 Other 66 ...... 66 399 ...... 399 353 ...... 353

 Proprietary Receipts from the Public ...... -132 132 ...... -271 271 ...... 1,064 -1,064

 Intrabudgetary Transactions 105 ...... 105 1,817 ...... 1,817 110 ...... 110

 Offsetting Governmental Receipts ...... 1,100 -1,100 ...... 8,722 -8,722 ...... 6,731 -6,731

 Total--Department of Homeland Security 8,448 1,205 7,243 63,953 9,621 54,332 69,987 8,991 60,996

Department of Housing and Urban Development:

 Public and Indian Housing Programs:

 Tenant Based Rental Assistance 2,555 ...... 2,555 17,550 ...... 17,550 16,575 ...... 16,575

 Housing Certificate Fund (**) ...... (**) 9 ...... 9 18 ...... 18

 Public Housing Capital Fund 90 ...... 90 1,071 ...... 1,071 1,464 ...... 1,464

 Public Housing Operating Fund 494 ...... 494 3,925 ...... 3,925 3,450 ...... 3,450

 Revitalization of Severely Distressed Public Housing

 (Hope VI) (**) ...... (**) 2 ...... 2 (**) ...... (**)

 Native American Housing Block Grant 93 ...... 93 468 ...... 468 541 ...... 541

 Other 17 ...... 17 122 ...... 122 95 ...... 95

 Total--Public and Indian Housing Programs 3,250 ...... 3,250 23,147 ...... 23,147 22,143 ...... 22,143

 Community Planning and Development:

 Housing Opportunities for Persons with AIDS 27 ...... 27 227 ...... 227 237 ...... 237

 Community Development Fund 640 ...... 640 5,009 ...... 5,009 4,090 ...... 4,090

 Home Investment Partnership Program 67 ...... 67 547 ...... 547 554 ...... 554

 Neighborhood Stabilization Program (**) ...... (**) 9 ...... 9 10 ...... 10

 Homeless Assistance Grants 462 ...... 462 2,757 ...... 2,757 1,850 ...... 1,850

 Other 25 ...... 25 164 ...... 164 166 ...... 166

 Total--Community Planning and Development 1,222 ...... 1,222 8,713 ...... 8,713 6,908 ...... 6,908

 Housing Programs:

 Credit Accounts:

 FHA-Mutual Mortgage Insurance Fund, Program Account 12 ...... 12 88 ...... 88 78 ...... 78

 FHA-Mutual Mortgage Insurance Capital Reserve Account -633 ...... -633 -5,775 ...... -5,775 -10,430 ...... -10,430

 FHA-Mutual Mortgage and Cooperative Housing Insurance

 Fund, Liquidating Account (**) 1 (**) 3 5 -2 3 1 2

 FHA-General and Special Risk Fund, Liquidating Account 5 11 -6 76 222 -146 87 208 -122

 Housing for the Elderly or Handicapped Fund,

 Liquidating Account (**) 8 -8 3 82 -79 1 95 -94

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, May 2022 and Other Periods - Continued

[$ millions]

Department of Housing and Urban Development: - Continued

 HUD Project-Based Rental Assistance 1,160 ...... 1,160 9,231 ...... 9,231 8,966 ...... 8,966

 Housing for the Elderly 61 ...... 61 526 ...... 526 504 ...... 504

 Housing for Persons with Disabilities 18 ...... 18 146 ...... 146 137 ...... 137

 Other Assisted Housing Programs 4 ...... 4 34 ...... 34 44 ...... 44

 Other 3 5 -2 24 13 11 37 8 29

 Total--Housing Programs 631 25 607 4,356 322 4,034 -573 313 -886

 Government National Mortgage Association:

 Guarantees of Mortgage-Backed Securities 7 (**) 7 69 (**) 69 -11 (**) -11

 Management and Administration 211 ...... 211 1,370 ...... 1,370 1,302 ...... 1,302

 Other 20 ...... 20 144 ...... 144 121 ...... 121

 Proprietary Receipts from the Public:

 FHA-General and Special Risk Fund ...... 75 -75 ...... 457 -457 ...... 677 -677

 Other ...... 66 -66 ...... 811 -811 ...... 714 -714

 Intrabudgetary Transactions (**) ...... (**) -3 ...... -3 -2 ...... -2

 Offsetting Governmental Receipts ...... 1 -1 ...... 12 -12 ...... 11 -11

 Total--Department of Housing and Urban Development 5,342 167 5,175 37,796 1,603 36,193 29,888 1,716 28,172

Department of the Interior:

 Land and Minerals Management:

 Bureau of Land Management:

 Management of Lands and Resources 134 ...... 134 833 ...... 833 758 ...... 758

 Other 81 4 77 300 38 262 233 46 188

 Bureau of Ocean Energy Management 17 ...... 17 108 ...... 108 93 ...... 93

 Office of Surface Mining Reclamation and Enforcement 38 ...... 38 622 ...... 622 680 ...... 680

 Total--Land and Minerals Management 270 4 266 1,864 38 1,826 1,765 46 1,719

 Water and Science:

 Bureau of Reclamation:

 Water and Related Resources 148 ...... 148 806 ...... 806 620 ...... 620

 Other 38 9 29 317 142 175 426 261 166

 Central Utah Project 40 ...... 40 56 ...... 56 25 ...... 25

 United States Geological Survey 136 ...... 136 854 ...... 854 794 ...... 794

 Total--Water and Science 362 9 353 2,033 142 1,891 1,865 261 1,605

 Fish and Wildlife and Parks:

 United States Fish and Wildlife Service 297 ...... 297 2,168 ...... 2,168 1,920 ...... 1,920

 National Park Service 377 (**) 377 2,437 1 2,436 2,205 1 2,205

 Total--Fish and Wildlife and Parks 674 (**) 674 4,605 1 4,604 4,125 1 4,124

 Indian Affairs:

 Bureau of Indian Affairs and Bureau of Indian Education 1,607 (**) 1,607 3,163 (**) 3,163 1,569 (**) 1,569

 Total--Indian Affairs 1,607 (**) 1,607 3,163 (**) 3,163 1,569 (**) 1,569

 Departmental Offices:

 Mineral Leasing and Associated Payments 351 ...... 351 2,361 ...... 2,361 1,116 ...... 1,116

 Other 28 ...... 28 459 ...... 459 415 ...... 415

 Insular Affairs 32 ...... 32 252 ...... 252 227 ...... 227

 Office of the Special Trustee for American Indians 12 ...... 12 73 ...... 73 64 ...... 64

 Department-Wide Programs -16 ...... -16 891 ...... 891 961 ...... 961

 Total--Departmental Offices 407 ...... 407 4,036 ...... 4,036 2,783 ...... 2,783

 Other 257 ...... 257 1,117 ...... 1,117 1,660 ...... 1,660

 Proprietary Receipts from the Public ...... 2,377 -2,377 ...... 8,219 -8,219 ...... 3,952 -3,952

 Intrabudgetary Transactions -5 (**) -5 -142 (**) -142 -73 (**) -73

 Total--Department of the Interior 3,572 2,390 1,181 16,677 8,400 8,277 13,695 4,259 9,436

Department of Justice:

 General Administration 74 ...... 74 1,131 ...... 1,131 938 ...... 938

 Legal Activities and U.S. Marshals:

 General Legal Activities 284 ...... 284 1,714 ...... 1,714 1,796 ...... 1,796

 United States Attorneys 425 ...... 425 1,632 ...... 1,632 1,484 ...... 1,484

 United States Marshals Service 153 ...... 153 1,021 ...... 1,021 951 ...... 951

 Assets Forfeiture Fund 144 ...... 144 701 ...... 701 1,661 ...... 1,661

 Other 244 ...... 244 1,775 ...... 1,775 1,675 ...... 1,675

 Federal Bureau of Investigation 897 ...... 897 6,663 ...... 6,663 6,530 ...... 6,530

 Drug Enforcement Administration 327 ...... 327 1,909 ...... 1,909 1,923 ...... 1,923

 Bureau of Alcohol, Tobacco, Firearms, and Explosives 151 ...... 151 975 ...... 975 914 ...... 914

 Federal Prison System 792 2 790 5,000 31 4,969 5,250 252 4,998

 Office of Justice Programs:

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, May 2022 and Other Periods - Continued

[$ millions]

Department of Justice: - Continued

 State and Local Law Enforcement Assistance 104 ...... 104 846 ...... 846 805 ...... 805

 Community Oriented Policing Services 19 ...... 19 138 ...... 138 102 ...... 102

 Crime Victims Fund 207 ...... 207 1,812 ...... 1,812 1,636 ...... 1,636

 Other 102 ...... 102 710 ...... 710 466 ...... 466

 Other 101 ...... 101 568 ...... 568 507 ...... 507

 Proprietary Receipts from the Public ...... -5 5 ...... 83 -83 ...... 384 -384

 Intrabudgetary Transactions -116 ...... -116 117 ...... 117 71 ...... 71

 Offsetting Governmental Receipts ...... 68 -68 ...... 514 -514 ...... 638 -638

 Total--Department of Justice 3,909 65 3,844 26,712 629 26,083 26,708 1,274 25,434

Department of Labor:

 Employment and Training Administration:

 Training and Employment Services 298 ...... 298 2,220 ...... 2,220 2,153 ...... 2,153

 Office of Job Corps 144 ...... 144 1,080 ...... 1,080 1,039 ...... 1,039

 Community Service Employment for Older Americans 34 ...... 34 259 ...... 259 253 ...... 253

 Federal Unemployment Benefits and Allowances 20 ...... 20 160 ...... 160 141 ...... 141

 Federal Additional Unemployment Compensation

 Program-Recovery Act 188 ...... 188 4,007 ...... 4,007 109,303 ...... 109,303

 State Unemployment Insurance and Employment Service

 Operations 397 ...... 397 551 ...... 551 -111 ...... -111

 Payments to the Unemployment Trust Fund ...... ...... ...... 850 ...... 850 219,429 ...... 219,429

 Program Administration 8 ...... 8 71 ...... 71 77 ...... 77

 Unemployment Trust Fund:

 Federal-State Unemployment Insurance:

 State Unemployment Benefits 1,753 ...... 1,753 19,780 ...... 19,780 167,089 ...... 167,089

 State Administrative Expenses 317 ...... 317 3,490 ...... 3,490 4,736 ...... 4,736

 Federal Administrative Expenses 28 ...... 28 344 ...... 344 400 ...... 400

 Other (**) ...... (**) 141 ...... 141 14 ...... 14

 Total--Unemployment Trust Fund 2,098 ...... 2,098 23,754 ...... 23,754 172,239 ...... 172,239

 Other (**) ...... (**) 202 ...... 202 411 ...... 411

 Total--Employment and Training Administration 3,188 ...... 3,188 33,154 ...... 33,154 504,935 ...... 504,935

 Pension Benefit Guaranty Corporation 5,290 849 4,442 11,028 6,773 4,255 4,587 5,916 -1,329

 Office of Workers' Compensation Programs:

 Special Benefits 205 ...... 205 -380 ...... -380 -633 ...... -633

 Energy Employees Occupational Illness Compensation Fund 149 ...... 149 1,153 ...... 1,153 1,105 ...... 1,105

 Special Benefits for Disabled Coal Miners 4 ...... 4 32 ...... 32 38 ...... 38

 Black Lung Disability Trust Fund 16 ...... 16 125 ...... 125 133 ...... 133

 Other 13 ...... 13 217 ...... 217 238 ...... 238

 Wage and Hour Division 30 ...... 30 199 ...... 199 190 ...... 190

 Occupational Safety and Health Administration 58 ...... 58 399 ...... 399 391 ...... 391

 Mine Safety and Health Administration 39 ...... 39 229 ...... 229 251 ...... 251

 Bureau of Labor Statistics 58 ...... 58 386 ...... 386 371 ...... 371

 Departmental Management 104 ...... 104 424 ...... 424 207 ...... 207

 Other 28 ...... 28 214 ...... 214 225 ...... 225

 Proprietary Receipts from the Public ...... 14 -14 ...... 18 -18 ...... 5 -5

 Intrabudgetary Transactions -74 ...... -74 -237 ...... -237 -217,764 ...... -217,764

 Total--Department of Labor 9,107 863 8,244 46,945 6,791 40,154 294,275 5,921 288,355

Department of State:

 Administration of Foreign Affairs:

 Diplomatic and Consular Programs 684 ...... 684 6,131 ...... 6,131 6,274 ...... 6,274

 Educational and Cultural Exchange Programs 62 ...... 62 444 ...... 444 341 ...... 341

 Embassy Security, Construction, and Maintenance 244 ...... 244 1,610 ...... 1,610 130 ...... 130

 Payment to Foreign Service Retirement and Disability

 Fund 75 ...... 75 159 ...... 159 159 ...... 159

 Foreign Service Retirement and Disability Fund 90 ...... 90 705 ...... 705 680 ...... 680

 Other 183 ...... 183 2,865 ...... 2,865 2,028 ...... 2,028

 Total--Administration of Foreign Affairs 1,339 ...... 1,339 11,915 ...... 11,915 9,611 ...... 9,611

 International Organizations and Conferences 1 ...... 1 1,994 ...... 1,994 1,825 ...... 1,825

 Global Health and Child Survival 609 ...... 609 5,574 ...... 5,574 7,825 ...... 7,825

 Migration and Refugee Assistance 951 ...... 951 2,865 ...... 2,865 2,032 ...... 2,032

 International Narcotics Control and Law Enforcement 142 ...... 142 753 ...... 753 716 ...... 716

 Other 68 ...... 68 466 ...... 466 401 ...... 401

 Proprietary Receipts from the Public ...... 402 -402 ...... 2,441 -2,441 ...... 1,166 -1,166

 Intrabudgetary Transactions 40 ...... 40 -619 ...... -619 -462 ...... -462

 Total--Department of State 3,149 402 2,747 22,947 2,441 20,507 21,949 1,166 20,783

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, May 2022 and Other Periods - Continued

[$ millions]

Department of Transportation:

 Office of the Secretary 90 ...... 90 1,033 ...... 1,033 673 ...... 673

 Federal Aviation Administration:

 Operations 1,212 ...... 1,212 1,012 ...... 1,012 330 ...... 330

 Airport and Airway Trust Fund:

 Grants-In-Aid for Airports 370 ...... 370 3,904 ...... 3,904 3,547 ...... 3,547

 Facilities and Equipment 270 ...... 270 1,960 ...... 1,960 1,677 ...... 1,677

 Research, Engineering, and Development 16 ...... 16 125 ...... 125 97 ...... 97

 Trust Fund Share of FAA Operations ...... ...... ...... 6,616 ...... 6,616 6,722 ...... 6,722

 Total--Airport and Airway Trust Fund 656 ...... 656 12,604 ...... 12,604 12,043 ...... 12,043

 Other 128 1 127 1,575 20 1,555 16,326 23 16,303

 Total--Federal Aviation Administration 1,996 1 1,995 15,192 20 15,172 28,699 23 28,675

 Federal Highway Administration:

 Highway Trust Fund:

 Federal-Aid Highways 3,427 ...... 3,427 23,969 ...... 23,969 25,565 ...... 25,565

 Other (**) ...... (**) 29 ...... 29 6 ...... 6

 Other Programs 482 ...... 482 121,452 ...... 121,452 15,808 ...... 15,808

 Total--Federal Highway Administration 3,909 ...... 3,909 145,450 ...... 145,450 41,379 ...... 41,379

 Federal Motor Carrier Safety Administration 77 ...... 77 430 ...... 430 370 ...... 370

 National Highway Traffic Safety Administration 91 ...... 91 726 ...... 726 727 ...... 727

 Federal Railroad Administration:

 Capital and Debt Service Grants to the National Railroad

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

 Other 50 ...... 50 1,060 ...... 1,060 4,918 ...... 4,918

 Total--Federal Railroad Administration 50 ...... 50 1,060 ...... 1,060 4,918 ...... 4,918

 Federal Transit Administration:

 Formula Grants (**) ...... (**) (**) ...... (**) 14 ...... 14

 Capital Investment Grants 128 ...... 128 1,047 ...... 1,047 1,304 ...... 1,304

 Transit Formula Grants 631 ...... 631 4,364 ...... 4,364 4,860 ...... 4,860

 Other 1,601 ...... 1,601 19,014 ...... 19,014 8,482 ...... 8,482

 Total--Federal Transit Administration 2,360 ...... 2,360 24,426 ...... 24,426 14,660 ...... 14,660

 Maritime Administration 104 (**) 104 255 3 252 415 1 413

 Other 69 (**) 69 341 21 319 340 30 310

 Proprietary Receipts from the Public ...... 8 -8 ...... 39 -39 ...... 37 -37

 Intrabudgetary Transactions:

 Payment from the General Fund, Highway Trust Fund ...... ...... ...... -118,000 ...... -118,000 -13,600 ...... -13,600

 Other (**) ...... (**) -2 ...... -2 -14,002 ...... -14,002

 Offsetting Governmental Receipts ...... 87 -87 ...... 121 -121 ...... 142 -142

 Total--Department of Transportation 8,746 97 8,648 70,911 204 70,707 64,580 234 64,346

Department of the Treasury:

 Departmental Offices:

 Exchange Stabilization Fund 11 10 1 37 54 -17 47 1,673 -1,626

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

 Troubled Asset Relief Program 26 ...... 26 113 ...... 113 309 ...... 309

 ESF - Economic Stabilization Program 2 ...... 2 8 ...... 8 232 ...... 232

 Air Carrier Worker Support (**) ...... (**) 18 ...... 18 23,561 ...... 23,561

 Coronavirus Relief Fund 30,175 ...... 30,175 32,615 ...... 32,615 131,057 ...... 131,057

 Emergency Capital Investment Program 1,721 ...... 1,721 2,022 ...... 2,022 1 ...... 1

 Emergency Rental Assistance 790 ...... 790 7,213 ...... 7,213 32,160 ...... 32,160

 Transportation Services (**) ...... (**) 686 ...... 686 (**) ...... (**)

 Other 641 ...... 641 9,841 ...... 9,841 1,679 ...... 1,679

 Bureau of the Fiscal Service:

 Payment to the Resolution Funding Corporation ...... ...... ...... 704 ...... 704 1,152 ...... 1,152

 Financial Agent Services 100 ...... 100 671 ...... 671 612 ...... 612

 Claims, Judgements, and Relief Acts 227 ...... 227 1,903 ...... 1,903 7,347 ...... 7,347

 Other 68 (**) 68 2,008 1 2,007 890 1 890

 Total--Bureau of the Fiscal Service 395 (**) 395 5,287 1 5,286 10,001 1 10,001

 Federal Financing Bank -76 ...... -76 -1,018 ...... -1,018 -1,092 ...... -1,092

 Alcohol and Tobacco Tax and Trade Bureau:

 Salaries and Expenses 14 ...... 14 88 ...... 88 80 ...... 80

 Internal Revenue Collections for Puerto Rico 36 ...... 36 308 ...... 308 335 ...... 335

 Bureau of Engraving and Printing 14 ...... 14 -52 ...... -52 44 ...... 44

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, May 2022 and Other Periods - Continued

[$ millions]

Department of the Treasury: - Continued

 United States Mint 565 569 -4 3,482 4,004 -521 3,597 3,803 -206

 Internal Revenue Service:

 Taxpayer Services 365 ...... 365 2,120 ...... 2,120 2,016 ...... 2,016

 Enforcement 576 ...... 576 3,559 ...... 3,559 3,220 ...... 3,220

 Operations Support 501 ...... 501 3,448 ...... 3,448 3,107 ...... 3,107

 Build America Bond Payments, Recovery Act 133 ...... 133 1,594 ...... 1,594 2,357 ...... 2,357

 Refundable Premium Tax Credits and Cost Sharing

 Reductions 5,773 ...... 5,773 50,225 ...... 50,225 36,855 ...... 36,855

 Payment Where Earned Income Credit Exceeds Liability for

 Tax 2,130 ...... 2,130 61,203 ...... 61,203 49,212 ...... 49,212

 Payment Where Child Tax Credit Exceeds Liability for Tax 2,932 ...... 2,932 126,610 ...... 126,610 26,913 ...... 26,913

 Payment Where American Opportunity Tax Credit Exceeds

 Liability for Tax 145 ...... 145 3,560 ...... 3,560 3,510 ...... 3,510

 Refunding Internal Revenue Collections, Interest 326 ...... 326 2,093 ...... 2,093 1,912 ...... 1,912

 Other 17,590 ...... 7,590 2 40,537 2 40,535 570,525 1 570,524

 Total--Internal Revenue Service 20,471 ...... 20,471 294,949 2 294,947 699,627 1 699,626

 Comptroller of the Currency 110 8 102 774 629 145 707 584 123

 Interest on the Public Debt:

 Interest on Treasury Debt Securities (Gross):

 Public Issues (Accrual Basis) 52,577 ...... 52,577 299,151 ...... 299,151 239,727 ...... 239,727

 Special Issues (Cash Basis) 20,183 ...... 20,183 123,949 ...... 123,949 80,156 ...... 80,156

 Total--Interest on Treasury Debt Securities (Gross) 72,760 ...... 72,760 423,100 ...... 423,100 319,883 ...... 319,883

 Total--Interest on the Public Debt 72,760 ...... 72,760 423,100 ...... 423,100 319,883 ...... 319,883

 Other 16 ...... 16 96 ...... 96 88 ...... 88

 Proprietary Receipts from the Public ...... -606 606 ...... 4,020 -4,020 ...... 3,166 -3,166

 Intrabudgetary Transactions -170 ...... -170 -1,346 ...... -1,346 -1,626 ...... -1,626

 Total--Department of the Treasury 127,499 -20 127,519 778,220 8,709 769,511 1,220,693 9,227 1,211,466

Department of Veterans Affairs:

 Joint DOD-VA Medical Facility Demonstration Fund 45 ...... 45 350 ...... 350 322 ...... 322

 Veterans Health Administration:

 Veterans Choice Fund, Veterans Health Administration (**) ...... (**) (**) ...... (**) -78 ...... -78

 Medical Services 7,430 ...... 7,430 57,566 ...... 57,566 55,536 ...... 55,536

 Medical Support and Compliance 620 ...... 620 5,528 ...... 5,528 5,352 ...... 5,352

 Medical Facilities 562 ...... 562 4,584 ...... 4,584 4,403 ...... 4,403

 Other 370 28 342 4,782 223 4,559 887 332 555

 Benefits Programs:

 Public Enterprise Funds:

 Housing Accounts (**) (**) (**) (**) 3 -3 (**) 4 -5

 Other 67 180 -113 550 991 -441 153 1,118 -965

 Compensation and Pensions 813 ...... 813 83,914 ...... 83,914 75,568 ...... 75,568

 Readjustment Benefits 367 ...... 367 8,180 ...... 8,180 8,672 ...... 8,672

 Veterans Housing Benefit Program Fund ...... ...... ...... 1,933 ...... 1,933 29 ...... 29

 Insurance Funds:

 National Service Life 31 ...... 31 306 ...... 306 384 ...... 384

 Veterans Special Life 13 1 13 127 24 103 143 29 114

 Other 22 ...... 22 111 ...... 111 84 ...... 84

 Total--Benefits Programs 1,314 181 1,132 95,120 1,018 94,102 85,033 1,152 83,881

 Departmental Administration:

 Construction 161 ...... 161 867 ...... 867 762 ...... 762

 Information Technology Systems 369 ...... 369 3,418 ...... 3,418 3,609 ...... 3,609

 General Operating Expenses 419 (**) 419 3,088 (**) 3,088 2,997 (**) 2,997

 Other 357 ...... 357 2,312 ...... 2,312 1,942 ...... 1,942

 Proprietary Receipts from the Public:

 National Service Life ...... 1 -1 ...... 12 -12 ...... 17 -17

 Other ...... 542 -542 ...... 3,147 -3,147 ...... 3,554 -3,554

 Intrabudgetary Transactions -29 ...... -29 -106 ...... -106 1 ...... 1

 Total--Department of Veterans Affairs 11,617 753 10,864 177,509 4,401 173,109 160,767 5,054 155,712

Corps of Engineers:

 Construction 270 ...... 270 1,970 ...... 1,970 1,808 ...... 1,808

 Operation and Maintenance 321 ...... 321 2,507 ...... 2,507 1,780 ...... 1,780

 Flood Control and Coastal Emergencies 30 ...... 30 290 ...... 290 456 ...... 456

 Harbor Maintenance Trust Fund ...... ...... ...... ...... ...... ...... 826 ...... 826

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, May 2022 and Other Periods - Continued

[$ millions]

Corps of Engineers: - Continued

 Rivers and Harbors Contributed Funds 48 ...... 48 313 ...... 313 341 ...... 341

 Other 69 ...... 69 1,111 ...... 1,111 1,000 ...... 1,000

 Proprietary Receipts from the Public ...... 53 -53 ...... 550 -550 ...... 569 -569

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

 Total--Corps of Engineers 736 53 683 6,191 550 5,641 6,212 569 5,643

Other Defense Civil Programs:

 Military Retirement:

 Payment to Military Retirement Fund ...... ...... ...... 114,463 ...... 114,463 98,106 ...... 98,106

 Military Retirement Fund 475 ...... 475 43,872 ...... 43,872 41,927 ...... 41,927

 Retiree Health Care:

 Payment to Department of Defense Medicare-Eligible

 Retiree Health Care Fund ...... ...... ...... 7,503 ...... 7,503 6,983 ...... 6,983

 Department of Defense Medicare-Eligible Retiree Health

 Care Fund 689 ...... 689 7,612 ...... 7,612 7,702 ...... 7,702

 Educational Benefits 16 ...... 16 120 ...... 120 121 ...... 121

 Other 28 ...... 28 209 ...... 209 220 ...... 220

 Proprietary Receipts from the Public ...... 10 -10 ...... 31 -31 ...... 23 -23

 Intrabudgetary Transactions -3,709 ...... -3,709 -138,578 ...... -138,578 -113,099 ...... -113,099

 Total--Other Defense Civil Programs -2,502 10 -2,513 35,202 31 35,171 41,961 23 41,938

Environmental Protection Agency:

 Science and Technology 84 ...... 84 503 ...... 503 507 ...... 507

 Environmental Programs and Management 239 ...... 239 1,821 ...... 1,821 1,735 ...... 1,735

 State and Tribal Assistance Grants 227 ...... 227 2,873 ...... 2,873 2,403 ...... 2,403

 Payment to the Hazardous Substance Superfund ...... ...... ...... 4,676 ...... 4,676 1,153 ...... 1,153

 Hazardous Substance Superfund 111 ...... 111 926 ...... 926 918 ...... 918

 Other -35 3 -38 99 48 51 113 48 65

 Proprietary Receipts from the Public ...... 43 -43 ...... 191 -191 ...... 133 -133

 Intrabudgetary Transactions -19 ...... -19 -4,637 ...... -4,637 -1,144 ...... -1,144

 Offsetting Governmental Receipts ...... 2 -2 ...... 19 -19 ...... 19 -19

 Total--Environmental Protection Agency 608 47 560 6,262 258 6,004 5,686 200 5,486

Executive Office of the President:

 The White House 5 ...... 5 47 ...... 47 41 ...... 41

 Office of Management and Budget 8 ...... 8 71 ...... 71 72 ...... 72

 Unanticipated Needs 5 ...... 5 28 ...... 28 17 ...... 17

 Other 21 ...... 21 154 ...... 154 158 ...... 158

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

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

 Total--Executive Office of the President 37 (**) 37 299 (**) 299 288 (**) 288

General Services Administration:

 Real Property Activities -117 ...... -117 -646 66 -711 -560 ...... -560

 Supply and Technology Activities -89 ...... -89 -222 ...... -222 -268 ...... -268

 General Activities 7 ...... 7 198 ...... 198 222 ...... 222

 Proprietary Receipts from the Public ...... 9 -9 ...... 62 -62 ...... 71 -71

 Intrabudgetary Transactions -2 ...... -2 -8 ...... -8 -9 ...... -9

 Total--General Services Administration -200 9 -209 -678 128 -805 -615 71 -686

International Assistance Programs:

 Millennium Challenge Corporation 60 ...... 60 443 ...... 443 448 ...... 448

 International Security Assistance:

 Foreign Military Financing Program 55 ...... 55 5,220 ...... 5,220 4,643 ...... 4,643

 Economic Support Fund 1,884 ...... 1,884 7,215 ...... 7,215 2,050 ...... 2,050

 Other 80 ...... 80 582 ...... 582 570 (**) 569

 Total--International Security Assistance 2,019 ...... 2,019 13,017 ...... 13,017 7,262 (**) 7,262

 Multilateral Assistance:

 Contribution to the International Development

 Association 1,001 ...... 1,001 1,301 ...... 1,301 1,001 ...... 1,001

 Other 679 ...... 679 1,291 ...... 1,291 709 ...... 709

 Total--Multilateral Assistance 1,681 ...... 1,681 2,592 ...... 2,592 1,710 ...... 1,710

 Agency for International Development:

 Development Assistance Program 246 ...... 246 1,808 ...... 1,808 1,442 ...... 1,442

 Assistance for Europe, Eurasia and Central Asia 445 ...... 445 858 ...... 858 385 ...... 385

 International Disaster Assistance 798 ...... 798 3,423 ...... 3,423 3,705 ...... 3,705

 Operating Expenses 103 ...... 103 920 ...... 920 930 ...... 930

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, May 2022 and Other Periods - Continued

[$ millions]

International Assistance Programs: - Continued

 Other 105 ...... 105 100 (**) 100 629 (**) 629

 Proprietary Receipts from the Public ...... 3 -3 ...... 31 -31 ...... 44 -44

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

 Total--Agency for International Development 1,696 3 1,693 7,108 31 7,077 7,088 44 7,044

 Overseas Private Investment Corporation:

 Overseas Private Investment Corporation Accounts (**) ...... (**) 2 ...... 2 7 ...... 7

 Total--Overseas Private Investment Corporation (**) ...... (**) 2 ...... 2 7 ...... 7

 Peace Corps 22 (**) 22 223 1 223 242 1 241

 Proprietary Receipts ...... (**) (**) ...... (**) (**) ...... 1 -1

 Military Sales Program:

 Foreign Military Sales Trust Fund 2,281 ...... 2,281 21,890 ...... 21,890 22,910 ...... 22,910

 Other -72 10 -82 14 89 -75 -63 97 -160

 Proprietary Receipts from the Public ...... 2,126 -2,126 ...... 25,525 -25,525 ...... 24,651 -24,651

 Other 41 93 -52 295 329 -33 257 484 -228

 Total--International Assistance Programs 7,725 2,231 5,494 45,586 25,974 19,611 39,861 25,279 14,582

National Aeronautics and Space Administration:

 Science 608 ...... 608 4,595 ...... 4,595 4,347 ...... 4,347

 Aeronautics 62 ...... 62 556 ...... 556 499 ...... 499

 Exploration 448 ...... 448 4,209 ...... 4,209 4,145 ...... 4,145

 Cross Agency Support 177 ...... 177 1,842 ...... 1,842 2,015 ...... 2,015

 Space Operations 293 ...... 293 2,360 ...... 2,360 2,738 ...... 2,738

 Other 152 ...... 152 1,196 ...... 1,196 1,051 ...... 1,051

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

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

 Total--National Aeronautics and Space Administration 1,740 (**) 1,740 14,758 1 14,757 14,794 1 14,792

National Science Foundation:

 Research and Related Activities 437 ...... 437 3,798 ...... 3,798 3,512 ...... 3,512

 Education and Human Resources 78 ...... 78 595 ...... 595 557 ...... 557

 Other 50 ...... 50 389 ...... 389 363 ...... 363

 Proprietary Receipts from the Public ...... (**) (**) ...... 9 -9 ...... 15 -15

 Total--National Science Foundation 564 (**) 564 4,782 9 4,774 4,432 15 4,417

Office of Personnel Management:

 Government Payment for Annuitants, Employees Health and

 Life Insurance Benefits 1,168 ...... 1,168 9,193 ...... 9,193 9,011 ...... 9,011

 Postal Service Retiree Health Benefits Fund 347 ...... 347 2,758 ...... 2,758 2,683 ...... 2,683

 Civil Service Retirement and Disability Fund 8,044 ...... 8,044 64,030 ...... 64,030 61,493 ...... 61,493

 Employees Life Insurance Fund 316 350 -34 2,569 2,977 -408 2,521 3,094 -573

 Employees and Retired Employees Health Benefits Fund 4,922 5,337 -415 40,587 40,507 80 38,713 39,426 -712

 Other 2 ...... 2 257 ...... 257 168 ...... 168

 Proprietary Receipts from the Public ...... (**) (**) ...... 1 -1 ...... 54 -54

 Intrabudgetary Transactions:

 Postal Service Contributions -7 ...... -7 -484 ...... -484 -540 ...... -540

 Civil Service Retirement and Disability Fund:

 Other -4 ...... -4 -27 ...... -27 -25 ...... -25

 Total--Office of Personnel Management 14,788 5,687 9,101 118,883 43,484 75,399 114,025 42,574 71,451

Small Business Administration:

 Salaries and Expenses 152 ...... 152 286 ...... 286 1,079 ...... 1,079

 Business Loans Program 10 (**) 10 295 (**) 295 271,913 1 271,912

 Disaster Loans Program 2,155 (**) 2,155 15,659 (**) 15,659 1,840 (**) 1,840

 Other 164 2 162 7,119 14 7,105 19,523 14 19,509

 Proprietary Receipts from the Public ...... -54 54 ...... 22 -22 ...... 592 -592

 Intrabudgetary Transactions -1 ...... -1 -2 ...... -2 (**) ...... (**)

 Total--Small Business Administration 2,480 -52 2,532 23,358 37 23,321 294,355 606 293,748

Social Security Administration:

 Payments to Social Security Trust Funds 23 ...... 23 36,539 ...... 36,539 24,121 ...... 24,121

 Supplemental Security Income Program 796 ...... 796 40,628 ...... 40,628 40,381 ...... 40,381

 Federal Old-Age and Survivors Insurance Trust Fund

 (Off-Budget):

 Benefit Payments 90,326 ...... 90,326 700,476 ...... 700,476 650,965 ...... 650,965

 Administrative Expenses 364 ...... 364 2,948 ...... 2,948 2,602 ...... 2,602

 Total--Federal Old-Age and Survivors Insurance Trust

 Fund (Off-Budget) 90,690 ...... 90,690 703,424 ...... 703,424 653,567 ...... 653,567

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, May 2022 and Other Periods - Continued

[$ millions]

Social Security Administration: - Continued

 Federal Disability Insurance Trust Fund (Off-Budget):

 Benefit Payments 12,074 ...... 12,074 94,661 ...... 94,661 94,210 ...... 94,210

 Administrative Expenses 226 ...... 226 1,800 ...... 1,800 1,768 ...... 1,768

 Total--Federal Disability Insurance Trust Fund

 (Off-Budget) 12,300 ...... 12,300 96,462 ...... 96,462 95,978 ...... 95,978

 Other -1 ...... -1 114 ...... 114 133 ...... 133

 Proprietary Receipts from the Public:

 On-Budget ...... 194 -194 ...... 1,553 -1,553 ...... 1,548 -1,548

 Off-Budget ...... 2 -2 ...... 13 -13 ...... 20 -20

 Intrabudgetary Transactions:

 Off-Budget 3 -23 ...... -23 -36,538 ...... -36,538 -24,121 ...... -24,121

 Total--Social Security Administration 103,785 196 103,589 840,628 1,567 839,061 790,060 1,568 788,492

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

 Broadcasting Board of Governors 88 (**) 88 537 (**) 537 530 (**) 530

 Bureau of Consumer Financial Protection 60 ...... 60 466 ...... 466 455 (**) 455

 Corporation for National and Community Service 69 (**) 69 515 1 514 593 (**) 592

 Corporation for Public Broadcasting ...... ...... ...... 485 ...... 485 640 ...... 640

 District of Columbia:

 Courts 26 ...... 26 226 ...... 226 207 (**) 207

 General and Special Payments 81 (**) 81 504 63 441 541 66 475

 Equal Employment Opportunity Commission 32 (**) 32 287 1 287 270 2 268

 Export-Import Bank of the United States 8 225 -216 359 225 134 39 (**) 39

 Federal Communications Commission:

 Universal Service Fund 577 ...... 577 5,282 ...... 5,282 5,808 ...... 5,808

 Other 661 2 660 4,900 31 4,869 1,559 18 1,541

 Federal Deposit Insurance Corporation:

 Deposit Insurance Fund -550 ...... -550 -4,594 ...... -4,594 -3,775 ...... -3,775

 FSLIC Resolution Fund (**) (**) (**) (**) 2 -2 (**) (**) (**)

 Total--Federal Deposit Insurance Corporation -550 (**) -551 -4,594 2 -4,596 -3,774 (**) -3,775

 Federal Drug Control Programs 22 ...... 22 290 ...... 290 292 ...... 292

 Federal Housing Finance Agency 26 ...... 26 222 ...... 222 210 ...... 210

 Institute of Museum and Library Services 31 (**) 31 232 (**) 232 168 (**) 168

 Intelligence Community Management Account 43 ...... 43 382 ...... 382 338 ...... 338

 Legal Services Corporation 107 ...... 107 397 ...... 397 349 ...... 349

 National Archives and Records Administration 28 (**) 28 299 14 286 281 6 274

 National Credit Union Administration 29 169 -140 839 2,903 -2,064 1,902 3,978 -2,076

 National Endowment for the Arts 26 (**) 26 143 2 141 115 1 115

 National Endowment for the Humanities 21 (**) 21 144 (**) 144 121 (**) 121

 National Labor Relations Board 20 (**) 20 188 (**) 188 185 (**) 185

 Nuclear Regulatory Commission 68 117 -49 587 527 60 588 523 66

 Postal Service:

 Off-Budget:

 Public Enterprise Funds 6,304 6,030 274 75,225 74,435 790 67,248 69,026 -1,779

 Other ...... ...... ...... 280 ...... 280 267 ...... 267

 Other 2 ...... 2 55 ...... 55 55 ...... 55

 Railroad Retirement Board:

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

 Federal Payments to the Railroad Retirement Accounts (**) ...... (**) 592 ...... 592 626 ...... 626

 Railroad Unemployment Insurance Trust Fund:

 Benefit Payments 6 ...... 6 69 ...... 69 129 ...... 129

 Transfer To Administrative Funds 2 ...... 2 14 ...... 14 12 ...... 12

 Other (**) ...... (**) (**) ...... (**) 42 ...... 42

 Rail Industry Pension Fund:

 Benefit Payments 470 ...... 470 3,754 ...... 3,754 3,735 ...... 3,735

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

 Transfer to Administrative Funds 8 ...... 8 59 ...... 59 62 ...... 62

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

 National Railroad Retirement Investment Trust:

 Administrative Expenses 3 ...... 3 47 ...... 47 37 ...... 37

 Transfers to the Railroad Retirement Trust Funds from

 the National Railroad Retirement Investment Trust 52 ...... 52 933 ...... 933 1,789 ...... 1,789

 Railroad Social Security Equivalent Benefit Account:

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, May 2022 and Other Periods - Continued

[$ millions]

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

 Benefit Payments 657 ...... 657 5,167 ...... 5,167 5,025 ...... 5,025

 Transfer To Administrative Funds 2 ...... 2 15 ...... 15 18 ...... 18

 Other -2 ...... -2 -9 ...... -9 8 ...... 8

 Proprietary Receipts from the Public ...... -1,222 1,222 ...... -1,261 1,261 ...... 4,837 -4,837

 Intrabudgetary Transactions:

 Other -52 ...... -52 -1,524 ...... -1,524 -2,409 ...... -2,409

 Total--Railroad Retirement Board 1,147 -1,222 2,368 9,122 -1,261 10,382 9,083 4,837 4,247

 Securities and Exchange Commission 163 (**) 163 1,297 (**) 1,297 583 1 582

 Smithsonian Institution 127 (**) 127 825 (**) 825 795 (**) 795

 Tennessee Valley Authority 3,001 2,802 200 24,556 24,542 13 25,783 26,424 -641

 Other 297 38 259 2,530 843 1,686 2,357 443 1,914

 Total--Independent Agencies 12,512 8,160 4,352 126,578 102,330 24,248 117,589 105,326 12,263

Undistributed Offsetting Receipts:

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

 Employer Share, Employee Retirement:

 Department of Health and Human Services:

 Federal Hospital Insurance Trust Fund:

 Federal Employer Contributions -366 ...... -366 -2,919 ...... -2,919 -2,804 ...... -2,804

 Postal Service Employer Contributions -52 ...... -52 -406 ...... -406 -402 ...... -402

 Department of State:

 Foreign Service Retirement and Disability Fund -33 ...... -33 -259 ...... -259 -250 ...... -250

 Other Defense Civil Programs:

 Military Retirement Fund -2,779 ...... -2,779 -27,877 ...... -27,877 -26,699 ...... -26,699

 Department of Defense Medicare-Eligible Retiree Health

 Care Fund ...... ...... ...... -9,609 ...... -9,609 -8,622 ...... -8,622

 Office of Personnel Management:

 Civil Service Retirement and Disability Fund -4,343 ...... -4,343 -31,058 ...... -31,058 -27,788 ...... -27,788

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust Fund:

 Federal Employer Contributions -1,516 ...... -1,516 -11,544 ...... -11,544 -11,026 ...... -11,026

 Federal Disability Insurance Trust Fund:

 Federal Employer Contributions -257 ...... -257 -1,959 ...... -1,959 -1,872 ...... -1,872

 Other (**) ...... (**) -4 ...... -4 -3 ...... -3

 Total--Employer Share, Employee Retirement -9,346 ...... -9,346 -85,636 ...... -85,636 -79,466 ...... -79,466

 Interest Received by Trust Funds:

 Judicial Branch:

 Judicial Survivors Annuity Fund -5 ...... -5 -19 ...... -19 -16 ...... -16

 Department of Health and Human Services:

 Federal Hospital Insurance Trust Fund -32 ...... -32 -1,502 ...... -1,502 -1,234 ...... -1,234

 Federal Supplementary Medical Insurance Trust Fund -25 ...... -25 -1,596 ...... -1,596 -1,006 ...... -1,006

 Department of Homeland Security:

 Oil Spill Liability Trust Fund -18 ...... -18 -56 ...... -56 -40 ...... -40

 Other -3 ...... -3 -15 ...... -15 -18 ...... -18

 Department of Labor:

 Unemployment Trust Fund -4 ...... -4 -489 ...... -489 -689 ...... -689

 Department of State:

 Foreign Service Retirement and Disability Fund (**) ...... (**) -227 ...... -227 -240 ...... -240

 Department of Transportation:

 Airport and Airway Trust Fund -10 ...... -10 -120 ...... -120 -110 ...... -110

 Department of Veterans Affairs:

 National Service Life Insurance Fund (**) ...... (**) -23 ...... -23 -34 ...... -34

 United States Government Life Insurance Fund (**) ...... (**) (**) ...... (**) (**) ...... (**)

 Corps of Engineers -10 ...... -10 -27 ...... -27 -51 ...... -51

 Other Defense Civil Programs:

 Military Retirement Fund -13,870 ...... -13,870 -48,156 ...... -48,156 -14,960 ...... -14,960

 Educational Benefits Fund -6 ...... -6 -31 ...... -31 -22 ...... -22

 Armed Forces Retirement Home (**) ...... (**) (**) ...... (**) (**) ...... (**)

 Environmental Protection Agency -3 ...... -3 -44 ...... -44 -39 ...... -39

 Office of Personnel Management:

 Civil Service Retirement and Disability Fund -37 ...... -37 -11,246 ...... -11,246 -11,690 ...... -11,690

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust Fund -127 ...... -127 -32,745 ...... -32,745 -35,660 ...... -35,660

 Federal Disability Insurance Trust Fund -24 ...... -24 -1,330 ...... -1,330 -1,361 ...... -1,361

 Independent Agencies:

 Railroad Retirement Board -3 ...... -3 -48 ...... -48 -25 ...... -25

 Other -1 ...... -1 -7 ...... -7 -8 ...... -8

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, May 2022 and Other Periods - Continued

[$ millions]

Undistributed Offsetting Receipts: - Continued

 Other -94 ...... -94 -248 ...... -248 -122 ...... -122

 Total--Interest Received by Trust Funds -14,273 ...... -14,273 -97,928 ...... -97,928 -67,325 ...... -67,325

 Rents and Royalties on the Outer Continental Shelf Lands ...... 1,094 -1,094 ...... 8,807 -8,807 ...... 2,218 -2,218

 Spectrum Auction Proceeds ...... ...... ...... -81,089 ...... -81,089 -4,476 ...... -4,476

 Total--Undistributed Offsetting Receipts -23,619 1,094 -24,713 -264,653 8,807 -273,459 -151,267 2,218 -153,485

Total Outlays 494,533 39,317 455,216 4,192,717 391,863 3,800,854 5,007,251 336,583 4,670,668

 Total On-Budget 387,185 33,285 353,899 3,401,441 317,414 3,084,027 4,264,231 267,536 3,996,695

 Total Off-Budget 107,348 6,032 101,316 791,276 74,449 716,828 743,020 69,047 673,973

Total Surplus (+) or Deficit (-) -66,223 -426,226 -2,063,789

 Total On-Budget -50,188 -409,337 -2,044,316

 Total Off-Budget -16,034 -16,888 -19,473

MEMORANDUM

Receipts Offset Against Outlays (In Millions)

Current Comparable

Fiscal Year to Period Prior

Date Fiscal Year

Proprietary Receipts 208,867 159,820

Intrabudgetary Transactions 799,057 840,274

Governmental Receipts 91,033 12,567

 Total Receipts Offset Against Outlays 1,098,957 1,012,661

1 Includes $1.5 billion for Economic Impact Payments to individuals and families. checks.

2 Includes $12.0 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, May 2022 and Other Periods

[$ millions]

Liability Accounts:

 Borrowing from the Public:

 Treasury Securities, Issued Under General Financing Authorities:

 Debt Held by the Public 57,146 1,621,491 1,001,987 22,282,899 23,847,244 23,904,391

 Intragovernmental Holdings 68,318 449,209 251,630 6,146,018 6,526,909 6,595,227

 Total Treasury Securities Outstanding 125,464 2,070,700 1,253,617 28,428,919 30,374,155 30,499,619

 Plus Premium on Treasury Securities -638 3,726 7,337 64,875 69,239 68,601

 Less Discount on Treasury Securities 5,186 24,072 17,829 128,837 147,723 152,908

 Total Treasury Securities Net of Premium and Discount 119,641 2,050,354 1,243,125 28,364,956 30,295,670 30,415,310

 Agency Securities, Issued Under Special Financing Authorities (See

 Schedule B; for Other Agency Borrowing, See Schedule C) 201 56 -468 19,502 19,357 19,558

 Total Federal Securities 119,842 2,050,410 1,242,656 28,384,458 30,315,026 30,434,868

 Deduct:

 Federal Securities Held as Investments of Government Accounts

 (See Schedule D) 69,979 451,497 245,827 6,123,040 6,504,558 6,574,537

 Less Discount on Federal Securities Held as Investments of

 Government Accounts 317 341 412 25,601 25,625 25,942

 Net Federal Securities Held as Investments of Government

 Accounts 69,662 451,156 245,415 6,097,438 6,478,933 6,548,595

 Total Borrowing from the Public 50,180 1,599,254 997,241 22,287,019 23,836,094 23,886,273

 Accrued Interest Payable to the Public -33,997 -9,934 -4,632 69,214 93,277 59,280

 Allocations of Special Drawing Rights 620 -6,796 1,310 161,825 154,409 155,029

 Uninvested Balances, Deposit Funds 2,691 -214,782 79,933 263,989 46,516 49,207

 Miscellaneous Liability Accounts (Includes Checks Outstanding Etc.) -1,190 3,313 13,111 29,882 34,385 33,195

 Total Liability Accounts 18,303 1,371,054 1,086,963 22,811,930 24,164,681 24,182,984

Asset Accounts (Deduct)

 Cash and Monetary Assets:

 U.S. Treasury Operating Cash:

 Federal Reserve Account 1 -69,000 639,080 -1,004,979 215,160 923,240 854,240

 Balance -69,000 639,080 -1,004,979 215,160 923,240 854,240

 Special Drawing Rights:

 Total Holdings 662 -4,147 1,383 163,874 159,065 159,727

 SDR Certificates Issued to Federal Reserve Banks ...... ...... ...... -5,200 -5,200 -5,200

 Balance 662 -4,147 1,383 158,674 153,865 154,527

 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 448 -4,911 3,078 5,299 -60 388

 Letter of Credit Issued to IMF -1 1,919 902 -85,286 -83,366 -83,367

 Dollar Deposits with the IMF -15 (**) -2 -375 -360 -375

 Receivable/Payable (-) for Interim Maintenance of Value

 Adjustments -315 3,447 -2,240 1,476 5,238 4,923

 Balance 117 456 1,738 32,743 33,081 33,198

 Loans to International Monetary Fund ...... -12 -635 933 921 921

 Other Cash and Monetary Assets -216 224 -147 26,272 26,712 26,496

 Total Cash and Monetary Assets -68,436 635,600 -1,002,640 433,782 1,137,819 1,069,382

 Non-Federal Securities of the National Railroad Retirement

 Investment Trust -1,201 -2,118 2,816 28,087 27,170 25,969

 Net Activity, Guaranteed Loan Financing (See Schedule E) 9,797 172,557 38,859 -159,747 3,013 12,810

 Net Activity, Direct Loan Financing (See Schedule E) 12,121 137,180 -16,134 1,595,002 1,720,061 1,732,182

 Miscellaneous Asset Accounts -200 1,765 1,065 -590 1,375 1,174

 Total Asset Accounts -47,919 944,984 -976,033 1,896,533 2,889,437 2,841,517

Excess of Liabilities (+) or Assets (-) 66,223 426,070 2,062,996 20,915,397 21,275,244 21,341,466

Transactions Not Applied to Current Year's Surplus or Deficit (See

 Schedule A for Details) ...... 156 792 ...... 156 156

Total Budget and Off-Budget Federal Entities (Financing of Deficit (+)

 or Disposition of Surplus (-)) 66,223 426,226 2,063,788 20,915,397 21,275,400 21,341,622

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 (**) Less than absolute value of $500,000

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, May 2022 and Other Periods

[$ millions]

Excess of Liabilities Beginning of Period:

 Based on Composition of Unified Budget in Preceding Period 21,275,244 20,915,397 18,057,271

 Adjustments During Current Fiscal Year for Changes in Composition of

 Unified Budget:

 Revisions by Federal Agencies to the Prior Budget Results ...... ...... 82,619

 Excess of Liabilities Beginning of Period (Current Basis) 21,275,244 20,915,397 18,139,890

 Budget Surplus (-) or Deficit:

 Based on Composition of Unified Budget in Prior Fiscal Year 66,223 426,226 2,063,788

 Total Surplus (-) or Deficit (Table 2) 66,223 426,226 2,063,788

 Total-On-Budget (Table 2) 50,188 409,337 2,044,316

 Total-Off-Budget (Table 2) 16,034 16,888 19,473

 Transactions Not Applied to Current Year's Surplus or Deficit:

 Premium/Discount on Buyback of U.S. Treasury Securities ...... -4 (**)

 Other ...... -152 -792

 Total-Transactions Not Applied to Current Year's Surplus or Deficit ...... -156 -792

 Excess of Liabilities Close of Period 21,341,466 21,341,466 20,202,886

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

... 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, May 2022 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 (**) -6 -5 45 39 39

 Independent Agencies:

 Federal Communications Commission ...... ...... ...... (**) (**) (**)

 National Archives and Records Administration ...... ...... ...... (**) (**) (**)

 Tennessee Valley Authority 201 62 -463 19,438 19,300 19,501

 Total Agency Securities 201 56 -468 19,502 19,357 19,558

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,

May 2022 and Other Periods

[$ millions]

Borrowing from the US Treasury:

 Department of Agriculture:

 Farm Service Agency:

 Commodity Credit Corporation 560 -554 -16,602 13,594 12,480 13,039

 Agricultural Credit Insurance Fund 243 -391 560 16,538 15,905 16,147

 Farm Storage Facility Loans ...... 50 106 1,460 1,510 1,510

 Apple Loans Fund ...... (**) ...... (**) (**) (**)

 Emergency Boll Weevil Loan Fund ...... (**) -3 (**) (**) (**)

 Rural Housing Service:

 Rural Housing Insurance 84 -792 -1,612 17,957 17,082 17,165

 Rural Community Facility Loans Fund 10 123 274 11,796 11,909 11,919

 Multifamily Housing Revitalization Loan Account ...... -2 -53 533 531 531

 Rural Business - Cooperative Service:

 Rural Business and Industry Loans ...... -26 -19 88 62 62

 Rural Development Loan Fund (**) -25 -20 291 265 265

 Rural Economic Development Loan Fund 2 -35 -8 231 193 196

 Renewable Energy Guaranteed Loan Account ...... (**) ...... 1 1 1

 Rural Microenterprise Investment Loans 1 -3 -3 42 39 40

 Biorefinery Assistance Loan Account ...... -5 (**) 5 ...... ......

 Rural Utilities Service:

 Rural Water and Waste Disposal Fund 60 -132 -285 14,510 14,318 14,378

 Rural Electrification and Telecommunications Fund 22 -130 -676 6,100 5,949 5,971

 Rural Telephone Bank ...... -13 -16 72 60 60

 Distance Learning and Telemedicine Program 5 21 -138 514 529 535

 Foreign Agricultural Service ...... ...... ...... 317 317 317

 Department of Commerce:

 National Oceanic and Atmospheric Administration:

 Fisheries Finance 1 75 78 387 461 462

 Department of Defense--Military Programs:

 Family Housing Improvement Loans ...... 21 24 1,600 1,622 1,622

 Department of Education:

 College Housing and Academic Facilities Loans ...... -7 (**) 9 2 2

 Historically Black College and University Capital Financing

 Fund ...... ...... (**) 257 257 257

 Federal Direct Student Loans ...... 76,542 77,214 1,155,827 1,232,370 1,232,370

 Teach Grant Loans -4 31 27 637 672 669

 Temporary Student Loan Purchase Authority ...... 189 -344 29,914 30,103 30,103

 Federal Family Education Loans 31 141 ...... 34,737 34,847 34,878

 Department of Energy:

 Bonneville Power Administration Fund -25 233 -21 5,629 5,887 5,862

 Western Area Power Administration - Recovery Act ...... ...... ...... 76 76 76

 Advanced Technology Vehicles Manufacturing Loans ...... -2 182 582 580 580

 Title 17 Innovative Technology Loans -24 110 106 681 815 791

 Department of Health and Human Services:

 Consumer Operated and Oriented Plan ...... ...... ...... 369 369 369

 Consumer Operated and Oriented Plan Program Contingency Fund ...... ...... ...... 100 100 100

 Department of Homeland Security:

 National Flood Insurance Fund ...... ...... ...... 20,525 20,525 20,525

 Disaster Assistance Loan Fund 1 4 28 93 96 97

 Department of Housing and Urban Development:

 Public and Indian Housing Programs:

 Low-Rent Public Housing - Loans and Other Expenses (**) (**) ...... (**) (**) (**)

 Native Hawaiian Housing Loans 2 2 (**) (**) 1 3

 Housing Programs:

 Emergency Homeowners' Relief Fund ...... ...... ...... 2 2 2

 Federal Housing Administration ...... ...... ...... 66,271 66,271 66,271

 Home Ownership Preservation Equity Fund ...... ...... ...... 6 6 6

 Green Retrofit Program for Multifamily Housing-Recovery Act ...... ...... ...... 10 10 10

 Department of the Interior:

 Bureau of Indian Affairs and Bureau of Indian Education ...... ...... ...... 1 1 1

 Bureau of Reclamation Loan Fund ...... ...... ...... 27 27 27

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,

May 2022 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 ...... ...... -110 4,621 4,621 4,621

 Department of State:

 Repatriation Loans (**) 1 2 4 5 6

 Department of Transportation:

 Federal Highway Administration:

 Transportation Infrastructure Finance and Innovation Fund 19 381 787 13,904 14,265 14,285

 Federal Railroad Administration:

 Railroad Rehabilitation and Improvement Loan Fund ...... 383 (**) 749 1,132 1,132

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

 Maritime Administration:

 Maritime Guaranteed Loan (Title XI) Fund ...... ...... ...... 101 101 101

 Department of the Treasury:

 Departmental Offices:

 Community Development Financial Institutions Fund 1 3 3 100 103 103

 Temporary Credit and Liquidity Program ...... ...... ...... 1,331 1,331 1,331

 Troubled Asset Relief Program ...... ...... -5 17 17 17

 Small Business Lending Financing Fund ...... ...... ...... 34 34 34

 ESF - Economic Stabilization Program ...... -5,249 -62,838 23,998 18,748 18,748

 Federal Financing Bank Revolving Fund 394 1,969 -1,906 70,500 72,075 72,470

 Department of Veterans Affairs:

 Veterans Housing Benefit Program Fund ...... -16 548 471 456 456

 Native American Veteran Housing Fund ...... -1 6 87 86 86

 Vocational Rehabilitation Loan Fund ...... ...... 2 1 1 1

 Corps of Engineers:

 Washington Aqueduct ...... ...... (**) ...... ...... ......

 Environmental Protection Agency:

 Water Infrastructure Finance and Innovation Loan Program 130 579 325 747 1,196 1,325

 International Assistance Programs:

 International Security Assistance:

 Foreign Military Loan Program ...... ...... ...... 1,613 1,613 1,613

 Military Debt Reduction ...... ...... ...... 39 39 39

 United States International Development Finance Corporation 259 2,015 2,428 7,724 9,480 9,739

 Small Business Administration:

 Business Loan Fund ...... 21 26 2,457 2,477 2,477

 Disaster Loan Fund 9,303 100,670 16,782 260,198 351,565 360,868

 Independent Agencies:

 Export-Import Bank of the United States ...... 65 2 14,531 14,596 14,596

 Postal Service ...... ...... 9,017 ...... ...... ......

 Presidio Trust ...... ...... ...... 62 62 62

 Railroad Retirement Board:

 Social Security Equivalent Benefit Account 363 3,134 3,392 4,567 7,338 7,701

 Smithsonian Institution:

 John F. Kennedy Center Parking Facilities ...... ...... ...... 20 20 20

 Other:

 Borrowing from the US Treasury - Other ...... (**) (**) (**) (**) (**)

 Total Borrowing from the US Treasury 11,436 179,382 27,263 1,809,674 1,977,620 1,989,056

Borrowing from the Federal Financing Bank:

 Department of Agriculture:

 Rural Utilities Service:

 Rural Electrification and Telecommunications Fund 384 2,312 1,895 48,742 50,669 51,054

 Department of Education:

 Historically Black College and University Capital Financing

 Fund 10 73 -1,444 160 223 233

 Department of Energy:

 Advanced Technology Vehicles Manufacturing Loans ...... -295 -295 437 141 141

 Title 17 Innovative Technology Loans -36 18 256 15,175 15,229 15,193

 Department of Health and Human Services:

 Health Maintenance Organization Loan and Loan Guarantee Fund ...... ...... ...... (**) (**) (**)

 Department of Housing and Urban Development:

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,

May 2022 and Other Periods - Continued

[$ millions]

Borrowing from the Federal Financing Bank: - Continued

 Housing Programs:

 Federal Housing Administration 11 44 185 2,630 2,663 2,674

 Department of Transportation:

 Maritime Administration:

 Maritime Guaranteed Loan (Title XI) FFB Financing Account ...... -11 -11 312 301 301

 Department of the Treasury:

 Departmental Offices:

 Community Development Financial Institutions Fund 19 40 39 1,208 1,229 1,248

 Department of Veterans Affairs:

 Guaranteed Transitional Housing Loans for Homeless Veterans ...... (**) (**) 4 4 4

 Independent Agencies:

 Postal Service ...... -1,000 -3,000 11,000 10,000 10,000

 Total Borrowing from the Federal Financing Bank 388 1,180 -2,375 79,667 80,459 80,847

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, May 2022 and Other Periods

[$ millions]

Federal Funds:

 Department of Agriculture 12 12 (**) 250 250 262

 Department of Commerce ...... 2 2 ...... 2 2

 Department of Defense--Military Programs:

 Defense Cooperation Account ...... ...... (**) 8 8 8

 Department of Energy 23 2,168 -249 55,662 57,808 57,831

 Department of Health and Human Services ...... 17,931 15,979 ...... 17,931 17,931

 Department of Homeland Security 543 1,131 -132 1,342 1,929 2,472

 Department of Housing and Urban Development:

 Housing Programs:

 Federal Housing Administration Fund -480 1,698 10,156 94,132 96,309 95,830

 Government National Mortgage Association:

 Guarantees of Mortgage-Backed Securities 8 2,517 2,325 14,294 16,803 16,811

 Department of the Interior 79 14,401 2,484 12,806 27,128 27,207

 Department of Justice (**) (**) (**) 168 168 168

 Department of Labor 105 2,416 2,735 50,341 52,652 52,758

 Department of State:

 Foreign Service Retirement and Disability Fund 5 280 8 44 320 324

 Other ...... (**) (**) 12 12 12

 Department of Transportation -596 -463 -537 2,249 2,383 1,786

 Department of the Treasury 151 -2,545 2,316 24,742 22,046 22,197

 Department of Veterans Affairs:

 Veterans Reopened Insurance Fund -2 -7 -12 49 44 42

 Servicemen'S Group Life Insurance Fund 100 419 957 2,523 2,842 2,942

 Other Defense Civil Programs:

 Uniformed Services Retiree Health Care Fund 3,323 26,223 15,732 289,738 312,639 315,961

 International Assistance Programs 34 217 126 6,128 6,311 6,345

 Office of Personnel Management:

 Postal Service Contributions -341 -2,274 -2,144 38,849 36,915 36,575

 Independent Agencies:

 Federal Deposit Insurance Corporation:

 Deposit Insurance Fund 525 4,635 3,684 115,527 119,637 120,162

 FSLIC Resolution Fund (**) 1 (**) 882 882 883

 Federal Housing Finance Agency -21 83 111 130 235 213

 National Credit Union Administration 211 2,200 2,005 19,804 21,792 22,004

 Postal Service -301 -2,148 7,503 24,655 22,809 22,507

 Other

 Treasury Securities (**) -726 -264 11,120 10,394 10,394

 Other -144 -244 -418 2,135 2,035 1,891

 Total Treasury Securities 3,236 67,928 62,369 767,591 832,283 835,519

 Total Federal Funds 3,236 67,928 62,369 767,591 832,283 835,519

Trust Funds:

 Legislative Branch:

 Library of Congress (**) 7 10 36 43 43

 United States Tax Court (**) (**) (**) 13 13 13

 Other -1 3 4 35 39 38

 Judicial Branch:

 Judicial Retirement Funds -1 213 202 1,610 1,824 1,823

 Department of Agriculture ...... ...... ...... 6 6 6

 Department of Commerce ...... 15 4,491 12,159 12,174 12,174

 Department of Defense--Military Programs:

 Voluntary Separation Incentive Fund -3 3 6 62 67 65

 Other -14 -98 -158 1,807 1,723 1,709

 Department of Health and Human Services:

 Federal Supplementary Medical Insurance Trust Fund 35,872 29,454 93,119 170,677 164,259 200,131

 Other 13,902 34,301 2,458 140,251 160,650 174,552

 Department of Homeland Security 64 524 401 10,059 10,519 10,583

 Department of the Interior 1,337 1,350 57 96 110 1,446

 Department of Labor:

 Unemployment Trust Fund 19,453 23,294 5,513 53,135 56,976 76,429

 Other 11 22 4 46 57 68

 Department of State:

 Foreign Service Retirement and Disability Fund 22 -31 -5 20,347 20,294 20,317

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, May 2022 and Other Periods - Continued

[$ millions]

Trust Funds: - Continued

 Other ...... 1 5 46 47 47

 Department of Transportation:

 Airport and Airway Trust Fund -1,219 -7,402 9,383 15,902 9,720 8,500

 Highway Trust Fund -627 123,286 6,442 12,043 135,956 135,329

 Department of the Treasury -76 142 111 3,995 4,212 4,136

 Department of Veterans Affairs:

 General Post Fund, National Homes 12 41 -12 90 119 131

 National Service Life Insurance -29 -263 -331 1,476 1,241 1,213

 United States Government Life Insurance Fund (**) (**) (**) 2 1 1

 Veterans Special Life Insurance Fund -13 -102 -114 1,064 974 962

 Corps of Engineers 212 1,299 223 9,451 10,538 10,750

 Other Defense Civil Programs:

 Military Retirement Fund 16,578 146,287 97,699 1,032,000 1,161,709 1,178,287

 Other -3 -36 -55 1,104 1,071 1,068

 Environmental Protection Agency -71 4,095 537 6,085 10,250 10,179

 National Aeronautics and Space Administration ...... (**) 1 15 16 16

 Office of Personnel Management:

 Civil Service Retirement and Disability Fund

 Treasury Securities -3,155 42,844 -18,282 925,846 971,844 968,690

 Employees Life Insurance Fund 33 453 564 50,151 50,571 50,604

 Employees and Retired Employees Health Benefits Fund 416 -54 680 27,978 27,508 27,924

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust Fund -16,100 -25,277 -23,294 2,755,785 2,746,607 2,730,507

 Federal Disability Insurance Trust Fund 356 9,696 2,542 98,032 107,372 107,728

 Independent Agencies:

 Harry S Truman Scholarship Foundation ...... -4 -9 20 17 17

 Japan-United States Friendship Commission ...... ...... 1 36 36 36

 Railroad Retirement Board

 Treasury Securities -234 -150 509 2,589 2,674 2,439

 Agency Securities ...... (**) ...... 1 1 1

 Other

 Treasury Securities 20 -341 756 1,399 1,038 1,058

 Total Treasury Securities 66,743 383,570 183,458 5,355,447 5,672,274 5,739,017

 Total Agency Securities ...... (**) ...... 1 1 1

 Total Trust Funds 66,743 383,570 183,458 5,355,448 5,672,275 5,739,018

Grand Total 69,979 451,497 245,827 6,123,040 6,504,558 6,574,537

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, May 2022 and Other Periods

[$ millions]

Guaranteed Loan Financing Activity:

 Department of Agriculture:

 Farm Service Agency:

 Commodity Credit Corporation Export Fund -19 -23 -6 147 143 124

 Agricultural Credit Insurance Fund -2 -12 -6 -148 -157 -159

 Natural Resources Conservation Service:

 Agricultural Resource Conservation Demonstration Program ...... ...... ...... (**) (**) (**)

 Rural Housing Service:

 Rural Community Facility Loans (**) -3 3 -18 -21 -21

 Rural Housing Insurance Fund -4 -63 -190 220 160 157

 Rural Business - Cooperative Service:

 Rural Business and Industry Loans -5 -47 -72 -134 -176 -181

 Renewable Energy Guaranteed Loan Account (**) -6 -8 -27 -33 -33

 Biorefinery Assistance Loan Account ...... -1 -37 -76 -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 ...... (**) ...... -45 -45 -45

 Department of Education:

 Office of Student Financial Assistance:

 Federal Family Education Loans -219 -3,472 -2,269 15,256 12,004 11,785

 Department of Energy:

 Title 17 Innovative Technology Loans ...... 23 67 -121 -98 -98

 Department of Health and Human Services:

 Health Resources and Services Administration:

 Health Center Loans ...... (**) (**) -1 -2 -2

 Health Education Assitance Loans ...... ...... ...... -70 -70 -70

 Department of Housing and Urban Development:

 Public and Indian Housing Programs:

 Indian Housing Loans 64 57 -9 -141 -148 -84

 Native Hawaiian Housing Loans (**) (**) (**) -1 -1 -1

 Community Planning and Development:

 Community Development Loans (**) -1 (**) -7 -8 -8

 Housing Programs:

 FHA-Mutual Mortgage Insurance Loans 298 2,538 4,915 49,346 51,586 51,884

 FHA-General and Special Risk Fund 12 -198 993 4,354 4,144 4,156

 Home Ownership Preservation Entity Fund (**) (**) (**) 1 1 1

 Government National Mortgage Association:

 Guarantees of Mortgage-Backed Securities -157 -1,247 -1,180 5,955 4,865 4,708

 Department of the Interior:

 Bureau of Indian Affairs and Bureau of Indian Education (**) -4 -10 -78 -82 -82

 Department of Transportation:

 Office of the Secretary:

 Minority Business Resource Center Fund ...... ...... ...... (**) (**) (**)

 Federal Highway Administration:

 Transportation Infrastructure Finance and Innovation Fund ...... ...... ...... (**) (**) (**)

 Maritime Administration:

 Maritime Guaranteed Loan (Title XI) Fund (**) -38 (**) -51 -89 -89

 Department of the Treasury:

 Departmental Offices:

 Air Transportation Stabilization Fund ...... ...... ...... (**) (**) (**)

 Troubled Assets Insurance Financing Fund ...... ...... ...... (**) (**) (**)

 Troubled Asset Relief Program ...... ...... 1 -1 -1 -1

 Department of Veterans Affairs:

 Veterans Benefits Administration:

 Veterans Housing Benefit Program Fund -126 -2,870 -869 -8,214 -10,957 -11,084

 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, May 2022 and Other Periods - Continued

[$ millions]

Guaranteed Loan Financing Activity: - Continued

 Ukraine Export Credit Insurance Fund ...... ...... ...... -267 -267 -267

 Loan Guarantees to Israel ...... ...... ...... -1,034 -1,034 -1,034

 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 ...... ...... ...... -1,074 -1,074 -1,074

 Overseas Private Investment Corporation ...... ...... ...... 278 278 278

 United States International Development Finance Corporation -15 427 93 -7 435 421

 Microenterprise and Small Enterprise Development ...... ...... ...... (**) (**) (**)

 Urban and Environmental Credit 1 3 2 10 12 13

 Small Business Administration:

 Business Loan Fund 9,443 173,801 36,617 -224,092 -59,734 -50,291

 Independent Agencies:

 Export-Import Bank of the United States -36 -1,619 474 -44 -1,627 -1,664

 Net Activity, Guaranteed Loan Financing 9,234 167,244 38,510 -160,243 -2,233 7,001

Direct Loan Financing Activity:

 Department of Agriculture:

 Farm Service Agency:

 Agricultural Credit Insurance Fund 128 215 362 13,938 14,025 14,153

 Farm Storage Facility Loans 10 124 94 1,032 1,146 1,156

 Apple Loans Fund ...... ...... ...... (**) (**) (**)

 Emergency Boll Weevil Loan Fund ...... ...... -2 (**) (**) (**)

 Rural Housing Service:

 Rural Community Facility Loans Fund -58 91 368 10,970 11,120 11,061

 Rural Housing Insurance Fund -81 -792 -610 15,370 14,660 14,579

 Multifamily Housing Revitalization Loan Account (**) 3 8 524 527 527

 Rural Business - Cooperative Service:

 Rural Business and Industry Loan Fund (**) (**) -1 -1 -1 -1

 Rural Development Loan Fund -2 -16 -19 260 246 244

 Rural Economic Development Loan Fund -2 -21 3 184 165 163

 Rural Microenterprise Investment Loans (**) -2 -1 39 36 36

 Rural Utilities Service:

 Rural Water and Waste Disposal Loans -33 -104 -417 12,788 12,717 12,683

 Rural Electrification and Telecommunications Fund 364 2,173 1,818 50,771 52,580 52,943

 Rural Telephone Bank (**) -5 -12 62 57 57

 Distance Learning and Telemedicine Program -2 -2 -48 478 478 476

 Rural Development Insurance Fund ...... ...... ...... 1,065 1,065 1,065

 Foreign Agricultural Service:

P.L. 480 Direct Loan Fund ...... -44 -49 290 246 246

International Debt Reduction -3 -5 -6 -84 -86 -89

 Department of Commerce:

 National Oceanic and Atmospheric Administration:

 Fisheries Finance -1 -2 -25 359 358 357

 Department of Defense--Military Programs -7 -35 -33 1,597 1,568 1,561

 Department of Education:

 Office of Postsecondary Education:

 College Housing and Academic Facilities Loans ...... (**) (**) 2 2 2

 Historically Black College and University Capital Financing

 Fund 10 73 -1,424 130 193 203

 Office of Student Financial Assistance:

 Federal Direct Student Loans 2,567 39,594 40,067 1,119,566 1,156,593 1,159,160

 Teach Grant Loans -1 14 -9 596 611 610

 Temporary Student Loan Purchase Authority -149 -949 -1,370 43,452 42,652 42,503

 Department of Energy:

 Advanced Technology Vehicles Manufacturing Loans ...... -297 -93 1,005 708 708

 Title 17 Innovative Technology Loans 292 353 377 15,015 15,076 15,368

 Department of Health and Human Services:

 Consumer Operated and Oriented Plan ...... -4 -15 61 56 56

 Consumer Operated and Oriented Plan Program Contingency Fund ...... -4 -1 49 46 46

 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, May 2022 and Other Periods - Continued

[$ millions]

Direct Loan Financing Activity: - Continued

 Disaster Assistance Loan Fund -3 -20 21 56 39 36

 Department of Housing and Urban Development:

 Housing Programs:

 Emergency Homeowners' Relief Fund (**) -1 -1 1 (**) (**)

 FHA-Mutual Mortgage Insurance Loans ...... ...... ...... (**) (**) (**)

 FHA-General and Special Risk Fund 13 48 210 2,526 2,562 2,574

 Green Retrofit Program for Multifamily Housing Fund (**) -8 -2 10 2 2

 Department of the Interior:

 Bureau of Reclamation ...... -1 -1 28 27 27

 Bureau of Indian Affairs and Bureau of Indian Education (**) (**) (**) 1 1 1

 Assistance to American Samoa Loan Fund ...... -1 -1 7 6 6

 Department of State:

 Administration of Foreign Affairs:

 Repatriation Loans (**) -2 -4 -1 -3 -3

 Department of Transportation:

 Federal Highway Administration:

 Transportation Infrastructure Finance and Innovation Fund -9 -2,042 -1,414 12,385 10,352 10,343

 Tiger Tifia Loan Fund ...... -1 -1 62 61 61

 Federal Railroad Administration:

 Railroad Rehabilitation and Improvement Loan Fund ...... -23 -697 541 518 518

 Maritime Administration:

 Maritime Guaranteed Loan (Title XI) FFB Financing Account ...... -11 -11 300 289 289

 Department of the Treasury:

 Departmental Offices:

 Community Development Financial Institutions Fund 19 40 41 1,306 1,327 1,345

 GSE Mortgage-Backed Securities Purchase Program ...... ...... ...... 4,613 4,613 4,613

 Temporary Credit and Liquidity Program -4 -279 -934 1,257 982 978

 Troubled Asset Relief Program (**) -1 -6 13 13 13

 Small Business Lending Program ...... -3 -9 31 27 27

 ESF - Economic Stabilization Program -3,323 -9,099 -63,000 23,468 17,692 14,369

 Bureau of the Fiscal Service ...... ...... ...... (**) (**) (**)

 Department of Veterans Affairs:

 Veterans Benefits Administration:

 Veterans Housing Benefit Program Fund -2 -57 -48 395 340 338

 Native American Veteran Housing Fund (**) -2 -7 60 57 58

 Transitional Housing Loans (**) (**) (**) -1 (**) (**)

 Vocational Rehabilitation Loan Fund (**) (**) (**) (**) (**) (**)

 Environmental Protection Agency:

 Water Infrastructure Finance and Innovation Loan Program 129 565 314 716 1,151 1,281

 International Assistance Programs:

 International Security Assistance:

 Foreign Military Loan Program ...... -405 -405 1,558 1,153 1,153

 Military Debt Reduction ...... ...... ...... 39 39 39

 Agency for International Development:

 International Debt Reduction ...... ...... ...... -172 -172 -172

 Overseas Private Investment Corporation ...... ...... ...... 2,902 2,902 2,902

 International Monetary Programs ...... ...... ...... -278 -278 -278

 United States International Development Finance Corporation 198 617 1,727 3,291 3,710 3,908

 International Debt Reduction ...... (**) ...... -19 -20 -20

 Small Business Administration:

 Business Loan Fund (**) 1 -17 183 184 184

 Disaster Loan Fund 10,998 100,898 9,160 239,986 329,886 340,884

 Independent Agencies:

 Export-Import Bank of the United States (**) -1,056 -1,349 8,831 7,775 7,775

 Federal Communications Commission:

 Spectrum Auction Loan Fund (**) (**) (**) (**) (**) (**)

 Net Activity, Direct Loan Financing 11,046 129,513 -17,472 1,593,610 1,712,077 1,723,124

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 2022

[$ millions]

Receipts:

 Individual Income Taxes 143,908 138,186 253,304 289,173 149,341 150,573 593,290 216,882 1,934,657 1,325,823

 Corporation Income Taxes 15,707 -321 83,285 13,577 4,824 10,188 88,531 7,708 223,498 190,955

 Social Insurance and Retirement Receipts:

 Employment and General Retirement 96,588 104,563 116,900 129,666 104,623 115,356 143,937 110,554 922,186 858,252

 Unemployment Insurance 2,433 11,555 1,551 4,128 3,105 4,286 5,109 20,417 52,583 38,858

 Other Retirement 571 563 485 466 471 471 595 557 4,179 3,744

 Excise Taxes 5,586 7,775 7,155 5,285 5,486 7,426 6,626 8,046 53,384 43,285

 Estate and Gift Taxes 2,458 1,804 2,353 2,336 1,710 3,615 4,184 3,173 21,633 19,091

 Customs Duties 7,770 7,816 8,187 8,587 8,049 8,151 9,162 8,095 65,817 50,199

 Miscellaneous Receipts 8,908 9,267 13,519 11,861 12,255 15,107 12,214 13,561 96,692 76,672

 Total--Receipts This Year 283,927 281,208 486,738 465,079 289,863 315,172 863,649 388,993 3,374,629 ......

 (On-Budget) 212,635 204,153 400,609 365,407 208,791 225,557 753,827 303,711 2,674,690 ......

 (Off-Budget) 71,292 77,055 86,129 99,672 81,072 89,615 109,822 85,282 699,939 ......

 Total--Receipts Prior Year 237,697 219,553 346,119 384,651 248,314 267,614 439,186 463,745 ...... 2,606,879

 (On-Budget) 168,234 144,274 264,479 295,313 173,852 185,367 336,905 383,955 ...... 1,952,379

 (Off-Budget) 69,463 75,279 81,640 89,338 74,462 82,248 102,281 79,790 ...... 654,501

Outlays:

 Legislative Branch 508 548 427 469 462 441 432 556 3,842 3,466

 Judicial Branch 815 738 647 692 663 669 772 681 5,677 5,551

 Department of Agriculture:

 Commodity Credit Corporation 4,186 2,104 1,892 435 -134 -444 -367 -320 7,352 11,140

 Foreign Agricultural Service 175 345 91 112 326 162 239 179 1,627 1,504

 Other 21,506 21,180 22,976 19,943 17,655 18,882 18,157 18,674 158,973 143,831

 Department of Commerce 801 1,978 977 823 858 897 821 1,203 8,357 9,589

 Department of Defense--Military Programs:

 Military Personnel 30,686 12,687 17,435 7,452 13,301 13,381 18,127 8,089 121,157 120,227

 Operation and Maintenance 21,442 22,003 24,477 21,658 22,395 25,837 24,277 23,651 185,740 187,540

 International Reconstruction and Other

 Assistance ...... ...... ...... ...... ...... ...... ...... ...... ...... 1

 Procurement 8,679 15,516 14,062 7,474 11,597 11,465 7,996 11,898 88,687 94,331

 Research, Development, Test, and Evaluation 5,332 8,561 13,403 7,130 7,942 10,998 5,642 9,440 68,447 69,634

 Military Construction 829 795 887 656 676 854 770 876 6,343 6,161

 Family Housing 99 107 112 98 106 149 115 113 900 861

 Revolving and Management Funds -1,454 998 469 -32 -1,261 -187 1,053 463 50 2,143

 Other -131 150 80 -217 531 -828 183 -226 -459 -854

 Total Department of Defense--Military Programs 65,482 60,817 70,927 44,217 55,287 61,668 58,164 54,303 470,865 480,043

 Department of Education 14,669 11,543 12,947 14,375 13,807 3,152 15,588 11,702 97,784 71,386

 Department of Energy 3,434 2,251 2,909 2,242 2,514 2,467 1,960 952 18,729 22,836

 Department of Health and Human Services:

 National Institutes of Health 3,309 3,557 3,213 3,185 3,230 3,809 3,007 3,489 26,799 25,623

 Centers for Medicare and Medicaid Services:

 Grants to States for Medicaid 43,372 44,289 49,606 45,941 47,573 56,979 46,544 52,073 386,378 339,338

 Federal Hospital Insurance Trust Fund 25,276 27,662 36,675 27,923 28,125 37,248 38,466 12,042 233,418 229,128

 Federal Supplementary Medical Insurance

 Trust Fund 40,022 44,028 46,086 50,166 41,887 46,705 71,805 15,973 356,671 328,358

 Other 36,506 32,251 43,437 45,595 36,657 39,269 54,382 39,875 327,972 316,001

 Administration for Children and Families 6,072 6,895 7,112 6,691 6,774 7,159 7,446 7,147 55,297 42,247

 Other -34,051 -24,483 -51,263 -42,102 -36,619 -51,889 -51,378 -39,997 -331,781 -323,000

 Department of Homeland Security 6,339 8,079 6,950 6,483 5,912 6,836 6,489 7,243 54,332 60,996

 Department of Housing and Urban Development 4,689 4,386 3,651 4,514 4,432 4,384 4,963 5,175 36,193 28,172

 Department of the Interior 1,275 1,242 1,307 1,032 960 825 454 1,181 8,277 9,436

 Department of Justice 2,760 3,546 3,007 3,065 3,038 3,528 3,294 3,844 26,083 25,434

 Department of Labor:

 Unemployment Trust Fund 3,454 3,522 3,132 3,485 2,788 2,742 2,533 2,098 23,754 172,239

 Other -1,360 1,959 2,574 1,685 2,878 1,705 812 6,146 16,400 116,115

 Department of State 2,184 4,044 2,078 2,412 2,268 2,671 2,104 2,747 20,507 20,783

 Department of Transportation:

 Highway Trust Fund 3,727 3,506 3,164 2,169 2,299 3,005 2,702 3,427 23,999 25,571

 Other 3,918 4,770 6,031 8,056 4,512 8,985 5,217 5,221 46,709 38,775

 Department of the Treasury:

 Interest on Treasury Debt Securities (Gross) 18,939 36,029 97,969 43,202 41,377 52,773 60,052 72,760 423,100 319,883

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 2022 - Continued

[$ millions]

Outlays: - Continued

 Other 34,430 30,701 30,451 11,976 80,873 55,289 47,932 54,759 346,411 891,582

 Department of Veterans Affairs:

 Compensation and Pensions 9,836 9,856 19,747 705 11,313 10,804 20,840 813 83,914 75,568

 National Service Life 38 33 41 37 35 45 36 29 294 367

 Other 12,059 10,318 10,859 9,439 9,515 11,356 15,334 10,021 88,901 79,777

 Corps of Engineers 649 812 915 656 664 742 520 683 5,641 5,643

 Other Defense Civil Programs 6,895 5,037 9,222 -16 4,491 4,383 7,671 -2,513 35,171 41,938

 Environmental Protection Agency 786 758 990 661 668 863 717 560 6,004 5,486

 Executive Office of the President 48 35 32 33 33 31 49 37 299 288

 General Services Administration -67 -53 135 -404 -177 220 -251 -209 -805 -686

 International Assistance Programs:

 International Security Assistance 1,452 1,353 730 2,081 1,070 940 3,372 2,019 13,017 7,262

 Multilateral Assistance 7 -3 3 591 2 303 8 1,681 2,592 1,710

 Agency for International Development 563 1,140 705 646 1,015 403 912 1,693 7,077 7,044

 Other 66 688 -2,354 -305 7 971 -2,249 102 -3,075 -1,433

 National Aeronautics and Space Administration 1,765 2,332 2,232 1,407 1,544 1,968 1,770 1,740 14,757 14,792

 National Science Foundation 644 575 636 565 534 647 609 564 4,774 4,417

 Office of Personnel Management 9,365 9,127 9,242 10,042 9,001 9,820 9,701 9,101 75,399 71,451

 Small Business Administration 2,333 5,277 3,226 3,067 2,188 2,156 2,542 2,532 23,321 293,748

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust

 Fund (Off-Budget) 84,450 84,115 84,162 89,400 89,732 90,338 90,536 90,690 703,424 653,567

 Federal Disability Insurance Trust Fund

 (Off-Budget) 11,871 11,549 11,673 12,339 12,138 12,238 12,353 12,300 96,462 95,978

 Other 4,734 4,767 9,426 172 5,005 4,823 9,651 599 39,176 38,947

 Deposit Insurance Fund 309 -797 -1,682 232 -390 -1,771 56 -550 -4,594 -3,775

 FSLIC Resolution Fund (**) (**) (**) (**) (**) (**) -1 (**) -2 (**)

 Postal Service:

 Off-Budget:

 Public Enterprise Funds 1,926 -746 40 -1,076 144 -583 811 274 790 -1,779

 Other 47 ...... 56 ...... ...... 15 161 ...... 280 267

 Other ...... ...... ...... ...... ...... ...... 53 2 55 55

 Tennessee Valley Authority 396 341 -540 42 -208 -176 -42 200 13 -641

 Other 3,659 2,484 3,730 2,409 4,127 3,654 3,217 4,427 27,706 18,135

 Undistributed Offsetting Receipts:

 Employer Share, Employee Retirement -27,176 -9,099 -8,416 -7,250 -7,676 -7,962 -8,712 -9,346 -85,636 -79,466

 Interest Received by Trust Funds 9,958 -4,122 -55,165 -6,407 -8,133 -7,805 -11,980 -14,273 -97,928 -67,325

 Rents and Royalties on the Outer Continental

 Shelf Lands -67 -720 -574 -386 -592 -537 -4,837 -1,094 -8,807 -2,218

 Other ...... (**) (**) -81,089 (**) (**) (**) (**) -81,089 -4,476

 Totals This Year:

 Total Outlays 448,983 472,543 508,041 346,380 506,453 507,806 555,434 455,216 3,800,854 ......

 (On-Budget) 365,312 379,420 447,088 259,085 406,262 407,608 465,351 353,899 3,084,027 ......

 (Off-Budget) 83,671 93,123 60,953 87,295 100,190 100,198 90,083 101,316 716,828 ......

 Total-Surplus (+) or Deficit (-) -165,055 -191,335 -21,303 118,699 -216,590 -192,634 308,215 -66,223 -426,226 ......

 (On-Budget) -152,677 -175,267 -46,480 106,321 -197,471 -182,051 288,476 -50,188 -409,337 ......

 (Off-Budget) -12,379 -16,068 25,177 12,377 -19,118 -10,583 19,739 -16,034 -16,888 ......

 Total Borrowing from the Public 356,602 7,512 498,339 340,983 286,640 99,652 -40,655 50,180 1,599,254 997,241

 Total-Outlays Prior Year 521,768 364,819 489,682 547,483 559,236 927,217 664,766 595,698 ...... 4,670,668

 (On-Budget) 439,355 274,627 412,233 487,184 466,710 835,564 577,910 503,113 ...... 3,996,695

 (Off-Budget) 82,413 90,192 77,449 60,299 92,526 91,653 86,856 92,586 ...... 673,973

 Total-Surplus (+) or Deficit (-) Prior Year -284,071 -145,266 -143,562 -162,832 -310,922 -659,603 -225,579 -131,953 ......-2,063,789

 (On-Budget) -271,120 -130,354 -147,753 -191,871 -292,858 -650,197 -241,004 -119,158 ......-2,044,316

 (Off-Budget) -12,950 -14,913 4,191 29,039 -18,064 -9,405 15,425 -12,796 ...... -19,473

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 May 31, 2022

[$ millions]

Trust Receipts, Outlays, and Investments Held:

 Airport and Airway -769 682 -1,452 4,724 12,785 -8,060 15,902 9,720 8,500

 Black Lung Disability -9 16 -25 106 125 -19 ...... ...... ......

 Federal Disability Insurance 12,664 12,300 364 106,089 96,462 9,627 98,032 107,372 107,728

 Federal Employees Life and Health ...... -449 449 ...... -328 328 78,130 78,079 78,528

 Federal Employees Retirement 5,061 8,149 -3,088 47,430 64,852 -17,422 947,816 993,976 990,843

 Federal Hospital Insurance 26,049 12,265 13,784 269,383 234,877 34,506 ...... ...... ......

 Federal Old-Age and Survivors Insurance 74,568 90,690 -16,122 677,980 703,424 -25,444 2,755,785 2,746,607 2,730,507

 Federal Supplementary Medical Insurance 50,040 15,973 34,067 399,440 356,671 42,769 170,677 164,259 200,131

 Hazardous Substance Superfund 47 111 -64 4,888 926 3,961 5,048 9,103 9,027

 Highways 3,282 4,203 -921 146,690 29,353 117,337 12,043 135,956 135,329

 Military Advances 2,126 2,281 -154 25,525 21,890 3,635 ...... ...... ......

 Military Retirement 16,649 475 16,174 190,496 43,872 146,624 1,032,000 1,161,709 1,178,287

 Railroad Retirement -669 1,190 -1,859 4,492 9,964 -5,471 2,590 2,675 2,440

 Unemployment 20,507 2,106 18,400 53,318 23,837 29,481 53,135 56,976 76,429

 Veterans Life Insurance 2 44 -42 35 409 -374 2,541 2,217 2,176

 All Other Trust 2,094 433 1,661 7,586 3,117 4,469 181,749 203,628 219,093

 Total Trust Fund Receipts and Outlays and Investments

 Held from Table 6-D 211,640 150,468 61,171 1,938,182 1,602,236 335,946 5,355,448 5,672,275 5,739,018

 Less: Interfund Transactions 77,167 77,167 ...... 922,403 922,403 ...... ...... ...... ......

 Trust Fund Receipts and Outlays on the Basis of

 Tables 4 & 5 134,473 73,301 61,171 1,015,779 679,833 335,946

Total Federal Fund Receipts and Outlays 254,595 381,989 -127,394 2,359,456 3,121,627 -762,172

 Less: Interfund Transactions 75 75 ...... 606 606 ......

 Federal Fund Receipts and Outlays on the Basis of

 Table 4 & 5 254,520 381,914 -127,394 2,358,850 3,121,022 -762,172

Net Budget Receipts & Outlays 388,993 455,216 -66,223 3,374,629 3,800,854 -426,226

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, May 2022 and Other Periods

[$ millions]

Receipts

 Individual Income Taxes 216,882 1,934,657 1,325,823

 Corporation Income Taxes 7,708 223,498 190,955

 Social Insurance and Retirement Receipts:

 Employment and General Retirement 110,554 922,186 858,252

 Unemployment Insurance 20,417 52,583 38,858

 Other Retirement 557 4,179 3,744

 Excise Taxes 8,046 53,384 43,285

 Estate and Gift Taxes 3,173 21,633 19,091

 Customs Duties 8,095 65,817 50,199

 Miscellaneous Receipts 13,561 96,692 76,672

 Total 388,993 3,374,629 2,606,879

Net Outlays

 National Defense 57,435 495,487 504,455

 International Affairs 8,068 42,028 35,324

 General Science, Space, and Technology 2,787 23,586 23,070

 Energy -1,304 -515 3,764

 Natural Resources and Environment 3,229 25,792 26,916

 Agriculture 1,551 21,419 44,597

 Commerce and Housing Credit 1,624 11,792 294,962

 Transportation 9,713 80,167 100,260

 Community and Regional Development 8,573 51,563 39,905

 Education, Training, Employment, and Social Services 15,207 122,975 96,345

 Health 75,829 610,562 516,729

 Medicare 15,228 458,690 454,873

 Income Security 58,168 649,388 1,273,013

 Social Security 102,988 799,877 749,551

 Veterans Benefits and Services 11,141 173,533 155,959

 Administration of Justice 7,201 48,095 47,680

 General Government 32,222 50,648 149,170

 Net Interest 55,995 311,299 240,255

 Undistributed Offsetting Receipts -10,440 -175,531 -86,160

 Total 455,216 3,800,854 4,670,668

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

http://www.fms.treas.gov/dts/). 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 http://www.treasurydirect.gov/govt/reports/pd/

mspd/mspd.htm). 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

ttps://fiscal.treasury.gov/reports-statements/treasury-bulletin/). 

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 http://www.fiscal.treasury.gov/fsreports/

rpt/ combStmt/combStmt_home.htm). 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 June 2022 Statement will be 

2:00 p.m. EST July 13, 2022.

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