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 2021 Through May 31, 2021, and Other Periods

Contents 

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

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

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

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

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

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

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

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

Introduction

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

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

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

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

AUDIENCE 

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

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

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

DISCLOSURE STATEMENT 

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

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

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

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

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

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

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

TRIAD OF PUBLICATIONS 

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

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

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

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

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

Treasury. 

DATA SOURCES AND INFORMATION 

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

of information relevant to the MTS. 

3

Highlight

• The budget estimates provided in Tables 2 and 3 are based on the FY 2022 Budget, which was released by the Office of Management 

and Budget on May 28, 2021.

• The detailed line items in this month’s publication have been aligned to the FY 2022 Budget, released by the Office of Management and 

Budget on May 28, 2021.

• May has been a deficit month 66 times out of 67 fiscal years since there are usually no major corporate or individual tax due dates in this 

month. While the final payment of individual taxes for calendar year 2020 were shifted into May 2021, greater outlays associated with the 

pandemic response still resulted in a deficit this year.

• 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, 2021, the normal payment date, fell on a 

non-business day.
4

Receipts by Source: Outlays by Function:

Figure 1. Receipts, Outlays, and Surplus/Deficit for May 2021

Figure 2. Cumulative Receipts, Outlays, and Surplus/Deficit through Fiscal Year 2021

Receipts by Source: Outlays by Function:

Source data: Table 9

Total Receipts Total Outlays

$596 Billion

Social Insurance & Retirement

Individual Income Taxes 

$464 Billion

Social Security

Health

Income Security

Medicare

$306 Billion

$116 Billion

Corporation Income Taxes 

Deficit

$132 Billion

Estate and Gift Taxes

$14 Billion 

$11 Billion 

Miscellaneous 

Excise Taxes

$7 Billion 

$6 Billion 

$3 Billion 

Customs Duties

$99 Billion 

Social Security

National Defense

$132 Billion 

Health

$95 Billion 

Income Security

$65 Billion 

Medicare

$54 Billion 

$37 Billion

$32 Billion

Education

Other

Net Interest

General Government

Commerce and Housing Credit

$52 Billion

$19 Billion

$12 Billion

Total Receipts Total Outlays

$4,671 Billion

Excise Taxes 

Customs Duties

Estate and Gift Taxes

$2,607 Billion

Deficit

$2,064 Billion

Individual Income Taxes $1,326 Billion 

Social Insurance & Retirement $901 Billion 

Corporation Income Taxes 

$191 Billion 

Miscellaneous 

$77 Billion 

$50 Billion 

$43 Billion 

$19 Billion 

$1,273 Billion 

$750 Billion 

$517 Billion 

$504 Billion National Defense

$455 Billion 

$295 Billion 

Veterans' Benefits & Services 

Net Interest

Commerce and Housing Credit

$240 Billion

$331 Billion Other

$156 Billion

General Government

$149 Billion
5

Period Receipts Outlays Deficit/Surplus (-)

Table 1. Summary of Receipts, Outlays, and the Deficit/Surplus of the U.S. Government, Fiscal Years 2020 and 2021, by Month

[$ millions]

FY 2020

 October 245,521 379,988 134,467

 November 225,185 434,024 208,838

 December 335,805 349,091 13,286

 January 372,288 404,883 32,595

 February 187,951 423,229 235,278

 March 236,766 355,754 118,988

 April 241,863 979,885 738,022

 May 173,861 572,614 398,754

 June 240,829 1,104,903 864,074

 July 563,496 626,487 62,992

 August 223,221 423,233 200,012

 September 373,169 497,780 124,611

 Year-to-Date 3,419,955 6,551,872 3,131,917

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

 Year-to-Date 2,606,879 4,670,668 2,063,789

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

(2020)

Budget

Estimates

Next Fiscal

Year (2022) 1

Table 2. Summary of Budget and Off-Budget Results and Financing of the U.S. Government, May 2021 and Other Periods

[$ millions]

Total On-Budget and Off-Budget Results:

 Total Receipts 463,745 2,606,879 3,580,777 2,019,240 4,174,197

 On-Budget Receipts 383,955 1,952,379 2,636,645 1,381,643 3,141,598

 Off-Budget Receipts 79,790 654,501 944,132 637,597 1,032,599

 Total Outlays 595,698 4,670,668 7,249,456 3,899,469 6,011,148

 On-Budget Outlays 503,112 3,996,695 6,231,925 3,258,557 4,930,558

 Off-Budget Outlays 92,586 673,973 1,017,531 640,912 1,080,590

 Total Surplus (+) or Deficit (-) -131,953 -2,063,789 -3,668,679 -1,880,229 -1,836,951

 On-Budget Surplus (+) or Deficit (-) -119,158 -2,044,316 -3,595,280 -1,876,914 -1,788,960

 Off-Budget Surplus (+) or Deficit (-) -12,796 -19,473 -73,399 -3,315 -47,991

 Total On-Budget and Off-Budget Financing 131,953 2,063,789 3,668,679 1,880,229 1,836,951

Means of Financing:

 Borrowing from the Public 997,241 3,150,083 3,007,563 2,098,073

 Reduction of Operating Cash, Increase (-)

-30,179

194,017 1,004,979 1,031,679 -1,066,646 ......

 By Other Means -31,884 61,567 -513,083 -60,688 -261,122

1 These estimates are based on the FY 2022 Budget, released by the Office of

Management and Budget on May 28, 2021.

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

... No Transactions
Receipts Outlays Deficit(-)/Surplus

2020 2021

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

($900B)

($700B)

($500B)

($300B)

($100B)

2020 2021

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)

($3,000B)

($2,000B)

($1,000B)

$0B

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

Fiscal Years 2020 and 2021

Receipts Outlays Deficit(-)/Surplus

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

2020 and 2021

$0B

6
$77B$69B

$43B

$191B

$1,326B

$901B

Fiscal Year 2021 to Date: $2,607B

2020 2021

Oct

NovDec

Jan

Feb

Mar

Apr

May

Jun

Jul

AugSep

Oct

NovDec

Jan

Feb

Mar

Apr

May

$0B

$50B

$100B

$150B

$200B

$250B

$300B

$350B

$400B

$450B

$500B

$550B

Receipt Amount

$11B$9B$7B

$14B

$306B

$116B

Month of May 2021: $464B

Figure 5. Receipts of the U.S. Government, by Source, Fiscal Year 2021

Figure 6. Monthly Receipts of the U.S. Government, by Source, Fiscal Years 2020 and 2021

Miscellaneous Receipts

Other

Excise Taxes

Corporation Income Taxes

Individual Income Taxes

Social Insurance and Retirement Receipts

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

7
$95B

$19B

$99B

$65B

$52B

$37B

$230B

Month of May 2021: $596B

$750B

$455B

$1,273B

$517B

$504B

$240B

$932B

Fiscal Year 2021 to Date: $4,671B

2020 2021

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

Figure 7. Outlays of the U.S. Government, by Source, Fiscal Year 2021

Social Security

Medicare

Income Security

Health

National Defense

Net Interest

Other

Figure 8. Monthly Outlays of the U.S. Government, by Source, Fiscal Years 2020 and 2021

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

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

8
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 2021 and Other Periods

[$ millions]

Budget Receipts

 Individual Income Taxes 306,460 1,325,823 892,477 1,704,919

 Corporation Income Taxes 13,808 190,955 86,399 268,482

 Social Insurance and Retirement Receipts:

 Employment and General Retirement (Off-Budget) 79,790 654,501 637,597 944,132

 Employment and General Retirement (On-Budget) 22,930 203,752 196,646 291,724

 Unemployment Insurance 12,469 38,858 31,979 54,557

 Other Retirement 439 3,744 3,458 5,766

 Excise Taxes 6,897 43,285 43,028 74,092

 Estate and Gift Taxes 3,036 19,091 10,538 17,593

 Customs Duties 6,433 50,199 47,112 84,834

 Miscellaneous Receipts 11,483 76,672 70,007 134,678

 Total Receipts 463,745 2,606,879 2,019,240 3,580,777

 (On-Budget) 383,955 1,952,379 1,381,643 2,636,645

 (Off-Budget) 79,790 654,501 637,597 944,132

Budget Outlays

 Legislative Branch 402 3,466 3,521 6,376

 Judicial Branch 591 5,551 5,632 8,700

 Department of Agriculture 16,895 156,475 111,466 288,707

 Department of Commerce 748 9,589 10,498 16,115

 Department of Defense--Military Programs 49,439 480,043 461,912 712,398

 Department of Education 8,995 71,386 57,819 231,993

 Department of Energy 2,267 22,836 21,379 35,027

 Department of Health and Human Services 82,128 957,695 997,981 1,547,354

 Department of Homeland Security 6,284 60,996 40,543 122,714

 Department of Housing and Urban Development 3,853 28,172 32,452 55,836

 Department of the Interior 1,131 9,421 10,506 17,656

 Department of Justice 3,477 25,434 24,968 45,284

 Department of Labor 36,434 288,355 162,411 552,567

 Department of State 2,270 20,783 20,262 35,771

 Department of Transportation 7,340 64,346 56,537 125,747

 Department of the Treasury:

 Interest on Treasury Debt Securities (Gross) 45,714 319,883 336,959 484,698

 Other 169,984 891,582 578,237 1,197,069

 Department of Veterans Affairs 9,393 155,712 142,945 235,938

 Corps of Engineers 654 5,643 5,782 7,109

 Other Defense Civil Programs -530 41,938 43,456 68,280

 Environmental Protection Agency 669 5,486 6,051 7,454

 Executive Office of the President 33 288 271 473

 General Services Administration -167 -686 -8 2,148

 International Assistance Programs 882 14,582 16,078 25,552

 National Aeronautics and Space Administration 1,622 14,792 14,012 23,552

 National Science Foundation 543 4,417 4,537 8,251

 Office of Personnel Management 9,126 71,451 70,754 107,933

 Small Business Administration 53,161 293,748 25,608 372,320

 Social Security Administration 95,042 788,492 761,838 1,199,226

 Independent Agencies 1,394 12,263 21,161 35,010

 Undistributed Offsetting Receipts:

 Interest -6,387 -67,325 -72,053 -124,193

 Other -7,688 -86,145 -74,046 -203,609

 Total Outlays 595,698 4,670,668 3,899,469 7,249,456

 (On-Budget) 503,112 3,996,695 3,258,557 6,231,925

 (Off-Budget) 92,586 673,973 640,912 1,017,531

 Surplus (+) or Deficit (-) -131,953 -2,063,789 -1,880,229 -3,668,679

 (On-Budget) -119,158 -2,044,316 -1,876,914 -3,595,280

 (Off-Budget) -12,796 -19,473 -3,315 -73,399

1 These estimates are based on the FY 2022 Budget, released by the Office of Note: Details may not add to totals due to rounding.

Management and Budget on May 28, 2021.

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 2021 and Other Periods

[$ millions]

Individual Income Taxes

 Withheld 103,158 965,505 899,937

 Presidential Election Campaign Fund 5 20 16

 Other 242,310 572,143 186,881

 Total -- Individual Income Taxes 345,473 39,013 306,460 1,537,667 211,845 1,325,823 1,086,834 194,357 892,477

Corporation Income Taxes 17,903 4,095 13,808 224,844 33,889 190,955 114,833 28,434 86,399

Social Insurance and Retirement Receipts:

 Employment and General Retirement:

 Federal Old-Age and Survivors Insurance Trust Fund:

 Federal Insurance Contributions Act Taxes 67,344 ...... 67,344 530,067 3,310 526,757 515,396 ...... 515,396

 Self-Employment Contributions Act Taxes 863 ...... 863 28,623 ...... 28,623 28,174 ...... 28,174

 Adjustments Attributable to Prior Years-FICA ...... ...... ...... 4,019 ...... 4,019 1,516 ...... 1,516

 Adjustments Attrbutable to Prior Years-SECA ...... ...... ...... 45 ...... 45 -121 ...... -121

 Total -- Federal Old-Age and Survivors Insurance Trust Fund 68,207 ...... 68,207 562,755 3,310 559,445 544,965 ...... 544,965

 Federal Disability Insurance Trust Fund:

 Federal Insurance Contributions Act Taxes 11,436 ...... 11,436 90,012 562 89,450 87,520 ...... 87,520

 Self-Employment Contributions Act Taxes 147 ...... 147 4,862 ...... 4,862 4,782 ...... 4,782

 Adjustments Attributable to Prior Years-FICA ...... ...... ...... 731 ...... 731 372 ...... 372

 Adjustments Attributable to Prior Years-SECA ...... ...... ...... 13 ...... 13 -42 ...... -42

 Total -- Federal Disability Insurance Trust Fund 11,583 ...... 11,583 95,618 562 95,056 92,632 ...... 92,632

 Federal Hospital Insurance Trust Fund:

 Federal Insurance Contributions Act Taxes 22,101 ...... 22,101 185,951 ...... 185,951 180,130 ...... 180,130

 Self-Employment Contributions Act Taxes 384 ...... 384 13,017 ...... 13,017 12,671 ...... 12,671

 Adjustments Attributable to Prior Years-FICA ...... ...... ...... 1,221 ...... 1,221 267 ...... 267

 Adjustments Attributable to Prior Years-SECA ...... ...... ...... 100 ...... 100 -17 ...... -17

 Total -- Federal Hospital Insurance Trust Fund 22,485 ...... 22,485 200,289 ...... 200,289 193,051 ...... 193,051

 Railroad Retirement:

 Rail Pension and Supplemental Annuity 233 (**) 233 1,880 5 1,875 1,973 67 1,905

 Social Security Equivalent Account 212 (**) 212 1,593 5 1,588 1,758 68 1,690

 Total -- Employment and General Retirement 102,720 (**) 102,720 862,134 3,882 858,252 834,379 136 834,243

 Unemployment Insurance:

 Deposits by States 12,375 ...... 12,375 33,512 ...... 33,512 26,390 ...... 26,390

 Federal Unemployment Taxes 105 11 93 5,364 82 5,282 5,601 83 5,518

 Railroad Unemployment Taxes 1 ...... 1 64 ...... 64 71 ...... 71

 Total -- Unemployment Insurance 12,481 11 12,469 38,940 82 38,858 32,062 83 31,979

 Other Retirement:

 Federal Employees' Retirement--Employee Share 437 ...... 437 3,726 ...... 3,726 3,439 ...... 3,439

 Non-Federal Employees Retirement 2 ...... 2 17 ...... 17 19 ...... 19

 Total -- Other Retirement 439 ...... 439 3,744 ...... 3,744 3,458 ...... 3,458

 Total -- Social Insurance and Retirement Receipts 115,640 11 115,628 904,817 3,963 900,854 869,899 219 869,680

Excise Taxes:

 Miscellaneous Excise Taxes 2,009 242 1,767 20,472 4,897 15,575 15,936 5,748 10,189

 Airport and Airway Trust Fund 1,538 ...... 1,538 5,834 8 5,826 9,115 16 9,100

 Highway Trust Fund 3,603 44 3,559 21,980 247 21,733 23,854 245 23,609

 Black Lung Disability Trust Fund 33 ...... 33 150 ...... 150 131 ...... 131

 Total -- Excise Taxes 7,183 286 6,897 48,437 5,152 43,285 49,036 6,008 43,028

Estate and Gift Taxes 3,054 17 3,036 19,723 632 19,091 10,928 391 10,538

Customs Duties 6,977 544 6,433 55,189 4,990 50,199 50,972 3,860 47,112

Miscellaneous Receipts:

 Deposit of Earnings, Federal Reserve System 9,201 ...... 9,201 57,709 ...... 57,709 48,601 ...... 48,601

 Universal Service Fund 1,034 ...... 1,034 6,348 ...... 6,348 5,754 ...... 5,754

 All Other 1,249 2 1,248 12,624 8 12,616 15,677 25 15,652

 Total -- Miscellaneous Receipts 11,485 2 11,483 76,680 8 76,672 70,032 25 70,007

Total -- Receipts 507,714 43,969 463,745 2,867,358 260,479 2,606,879 2,252,534 233,294 2,019,240

 Total -- On-Budget 427,924 43,969 383,955 2,208,985 256,607 1,952,379 1,614,937 233,294 1,381,643

 Total -- Off-Budget 79,790 ...... 79,790 658,372 3,872 654,501 637,597 ...... 637,597

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 2021 and Other Periods

[$ millions]

Legislative Branch:

 Senate 78 (**) 78 663 (**) 663 643 1 642

 House of Representatives 114 (**) 114 990 2 988 992 2 991

 Joint Items 1 ...... 1 18 ...... 18 12 ...... 12

 Capitol Police 37 ...... 37 326 ...... 326 301 ...... 301

 Congressional Budget Office 4 ...... 4 36 ...... 36 35 ...... 35

 Architect of the Capitol 55 (**) 55 511 (**) 511 522 3 519

 Library of Congress 56 (**) 56 469 2 467 473 5 469

 Government Publishing Office -1 ...... -1 -4 ...... -4 69 ...... 69

 Government Accountability Office 48 ...... 48 407 ...... 407 400 ...... 400

 United States Tax Court 5 ...... 5 38 ...... 38 36 ...... 36

 Other Legislative Branch Agencies 5 ...... 5 48 ...... 48 86 ...... 86

 Proprietary Receipts from the Public ...... 1 -1 ...... 25 -25 ...... 31 -31

 Intrabudgetary Transactions (**) ...... (**) -6 ...... -6 -7 ...... -7

 Offsetting Governmental Receipts ...... ...... ...... ...... ...... ...... ...... (**) (**)

 Total--Legislative Branch 403 1 402 3,495 29 3,466 3,563 42 3,521

Judicial Branch:

 Supreme Court of the United States 8 ...... 8 73 ...... 73 67 ...... 67

 Courts of Appeals, District Courts, and Other Judicial

 Services 568 ...... 568 5,830 ...... 5,830 5,922 ...... 5,922

 Other 14 ...... 14 520 ...... 520 501 ...... 501

 Proprietary Receipts from the Public ...... 18 -18 ...... 101 -101 ...... 117 -117

 Intrabudgetary Transactions 19 ...... 19 -772 ...... -772 -741 ...... -741

 Total--Judicial Branch 609 18 591 5,651 101 5,551 5,749 117 5,632

Department of Agriculture:

 Agricultural Research Service 115 ...... 115 970 ...... 970 907 ...... 907

 National Institute of Food and Agriculture:

 Research and Education Activities 65 ...... 65 479 ...... 479 453 ...... 453

 Extension Activities 44 ...... 44 310 ...... 310 310 ...... 310

 Other 11 ...... 11 77 ...... 77 48 ...... 48

 Animal and Plant Health Inspection Service 111 ...... 111 942 ...... 942 923 ...... 923

 Food Safety and Inspection Service 78 ...... 78 680 ...... 680 686 ...... 686

 Agricultural Marketing Service 131 ...... 131 1,341 ...... 1,341 956 ...... 956

 Risk Management Agency:

 Administrative and Operating Expenses 5 ...... 5 41 ...... 41 43 ...... 43

 Federal Crop Insurance Corporation Fund -22 -183 160 7,185 2,013 5,171 10,189 2,827 7,362

 Farm Service Agency:

 Salaries and Expenses 106 ...... 106 618 ...... 618 615 ...... 615

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

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

 Commodity Credit Corporation 273 744 -471 16,098 4,958 11,140 23,528 4,962 18,566

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

 Agricultural Credit Insurance Fund 4 2 2 327 25 302 358 29 329

 Other 11 ...... 11 106 ...... 106 158 ...... 158

 Total--Farm Service Agency 395 747 -352 17,149 4,983 12,166 24,661 4,991 19,670

 Natural Resources Conservation Service:

 Conservation Operations 53 ...... 53 548 ...... 548 561 ...... 561

 Farm Security and Rural Investment Programs 183 ...... 183 2,299 ...... 2,299 2,431 ...... 2,431

 Other 15 ...... 15 249 ...... 249 170 ...... 170

 Rural Development 28 ...... 28 -24 ...... -24 4 ...... 4

 Rural Housing Service:

 Rural Housing Insurance Fund 6 35 -28 474 266 208 497 298 199

 Rental Assistance Program 105 ...... 105 910 ...... 910 811 ...... 811

 Other 39 ...... 39 142 ...... 142 116 ...... 116

 Rural Utilities Service:

 Rural Electrification and Telecommunications Fund 2 1 (**) 336 45 291 1,299 77 1,223

 Other 43 3 40 408 35 373 398 35 363

 Foreign Agricultural Service 266 ...... 266 1,504 ...... 1,504 1,496 ...... 1,496

 Food and Nutrition Service:

 Supplemental Nutrition Assistance Program 11,463 ...... 11,463 77,657 ...... 77,657 46,818 ...... 46,818

 Child Nutrition Programs 2,856 ...... 2,856 17,552 ...... 17,552 17,210 ...... 17,210

 Special Supplemental Nutrition Program for Women,

 Infants, and Children (WIC) 388 ...... 388 3,229 ...... 3,229 3,466 ...... 3,466

 Other 85 ...... 85 799 ...... 799 415 ...... 415

 Total--Food and Nutrition Service 14,792 ...... 14,792 99,237 ...... 99,237 67,909 ...... 67,909

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 2021 and Other Periods - Continued

[$ millions]

Department of Agriculture: - Continued

 Forest Service:

 National Forest System 134 ...... 134 1,200 ...... 1,200 1,190 ...... 1,190

 Capital Improvement and Maintenance 13 ...... 13 152 ...... 152 293 ...... 293

 Wildland Fire Management 159 ...... 159 2,248 ...... 2,248 1,188 ...... 1,188

 Forest Service Permanent Appropriations 42 ...... 42 325 ...... 325 329 ...... 329

 Other 109 ...... 109 852 ...... 852 480 ...... 480

 Total--Forest Service 457 ...... 457 4,777 ...... 4,777 3,479 ...... 3,479

 Other 677 3 675 24,754 56 24,698 2,014 26 1,988

 Proprietary Receipts from the Public (**) 126 -126 (**) 1,001 -1,001 (**) 848 -848

 Intrabudgetary Transactions 26 ...... 26 89 ...... 89 208 ...... 208

 Total--Department of Agriculture 17,628 732 16,895 164,875 8,400 156,475 120,568 9,102 111,466

Department of Commerce:

 Economic Development Administration 67 ...... 67 514 ...... 514 220 ...... 220

 Bureau of the Census 149 ...... 149 2,443 ...... 2,443 3,760 ...... 3,760

 International Trade Administration 28 ...... 28 351 ...... 351 320 ...... 320

 National Oceanic and Atmospheric Administration 424 2 422 3,724 15 3,709 3,805 5 3,800

 National Institute of Standards and Technology 84 ...... 84 754 ...... 754 705 ...... 705

 National Telecommunications and Information Administration 5 ...... 5 1,496 (**) 1,496 1,469 (**) 1,469

 Other (**) 4 -4 377 46 331 268 51 217

 Proprietary Receipts from the Public ...... 4 -4 ...... 7 -7 ...... -8 8

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

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

 Total--Department of Commerce 757 10 748 9,659 70 9,589 10,547 49 10,498

Department of Defense--Military Programs:

 Military Personnel:

 Department of the Army 3,249 ...... 3,249 45,376 ...... 45,376 40,725 ...... 40,725

 Department of the Navy 2,724 ...... 2,724 36,781 ...... 36,781 34,408 ...... 34,408

 Department of the Air Force 1,867 ...... 1,867 28,225 ...... 28,225 26,738 ...... 26,738

 Defense Agencies ...... ...... ...... 9,845 ...... 9,845 8,505 ...... 8,505

 Total--Military Personnel 7,840 ...... 7,840 120,227 ...... 120,227 110,376 ...... 110,376

 Operation and Maintenance:

 Department of the Army 5,649 ...... 5,649 47,818 ...... 47,818 49,052 ...... 49,052

 Department of the Navy 5,350 ...... 5,350 44,917 ...... 44,917 43,460 ...... 43,460

 Department of the Air Force 4,978 ...... 4,978 42,188 ...... 42,188 40,234 ...... 40,234

 Defense Agencies 6,693 ...... 6,693 52,617 ...... 52,617 50,277 ...... 50,277

 Total--Operation and Maintenance 22,670 ...... 22,670 187,540 ...... 187,540 183,023 ...... 183,023

 International Reconstruction and Other Assistance:

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

 Procurement:

 Department of the Army 1,898 ...... 1,898 16,727 ...... 16,727 15,902 ...... 15,902

 Department of the Navy 4,437 ...... 4,437 37,874 ...... 37,874 35,680 ...... 35,680

 Department of the Air Force 4,145 ...... 4,145 33,472 ...... 33,472 36,885 ...... 36,885

 Defense Agencies 669 ...... 669 6,257 ...... 6,257 5,932 ...... 5,932

 Total--Procurement 11,151 ...... 11,151 94,331 ...... 94,331 94,400 ...... 94,400

 Research, Development, Test, and Evaluation:

 Department of the Army 657 ...... 657 9,173 ...... 9,173 8,182 ...... 8,182

 Department of the Navy 1,570 ...... 1,570 13,193 ...... 13,193 12,491 ...... 12,491

 Department of the Air Force 3,703 ...... 3,703 30,772 ...... 30,772 28,670 ...... 28,670

 Defense Agencies 2,015 ...... 2,015 16,495 ...... 16,495 15,494 ...... 15,494

 Total--Research, Development, Test, and Evaluation 7,945 ...... 7,945 69,634 ...... 69,634 64,837 ...... 64,837

 Military Construction:

 Department of the Army 119 ...... 119 1,066 ...... 1,066 1,362 ...... 1,362

 Department of the Navy 228 ...... 228 1,802 ...... 1,802 1,140 ...... 1,140

 Department of the Air Force 149 ...... 149 1,253 ...... 1,253 1,162 ...... 1,162

 Defense Agencies 218 ...... 218 2,040 ...... 2,040 1,920 ...... 1,920

 Total--Military Construction 713 ...... 713 6,161 ...... 6,161 5,585 ...... 5,585

 Family Housing:

 Department of the Army 48 ...... 48 361 ...... 361 281 ...... 281

 Department of the Navy 33 ...... 33 243 ...... 243 187 ...... 187

 Department of the Air Force 22 ...... 22 218 ...... 218 229 ...... 229

 Defense Agencies 6 ...... 6 39 ...... 39 85 (**) 85

 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 2021 and Other Periods - Continued

[$ millions]

Department of Defense--Military Programs: - Continued

 Department of the Navy 5 ...... 5 22 ...... 22 228 ...... 228

 Defense Agencies:

 Working Capital Fund -593 ...... -593 2,148 ...... 2,148 3,649 ...... 3,649

 Other 5 ...... 5 -27 ...... -27 59 ...... 59

 Allowances ...... ...... ...... (**) ...... (**) 3 ...... 3

 Trust Funds:

 Department of the Army 1 ...... 1 8 ...... 8 9 ...... 9

 Department of the Navy 6 ...... 6 20 ...... 20 16 ...... 16

 Department of the Air Force (**) ...... (**) 23 ...... 23 2 ...... 2

 Defense Agencies 46 ...... 46 301 ...... 301 275 ...... 275

 Proprietary Receipts from the Public:

 Department of the Army ...... 264 -264 ...... 27 -27 ...... 4 -4

 Department of the Navy ...... 41 -41 ...... 184 -184 ...... 26 -26

 Department of the Air Force ...... 7 -7 ...... 48 -48 ...... 133 -133

 Defense Agencies ...... 123 -123 ...... 865 -865 ...... 494 -494

 Intrabudgetary Transactions:

 Department of the Army -4 ...... -4 2 ...... 2 -43 ...... -43

 Department of the Navy -3 ...... -3 -26 ...... -26 -20 ...... -20

 Department of the Air Force -3 ...... -3 -21 ...... -21 -38 ...... -38

 Defense Agencies -15 ...... -15 -35 ...... -35 -70 ...... -70

 Offsetting Governmental Receipts:

 Department of the Army ...... ...... ...... ...... 1 -1 ...... 4 -4

 Defense Agencies ...... ...... ...... ...... ...... ...... ...... 500 -500

 Total--Department of Defense--Military Programs 49,873 434 49,439 481,168 1,125 480,043 463,074 1,162 461,912

Department of Education:

 Office of Elementary and Secondary Education:

 Accelerating Achievement and Ensuring Equity 1,565 ...... 1,565 10,581 ...... 10,581 11,068 ...... 11,068

 Impact Aid 76 ...... 76 1,369 ...... 1,369 1,448 ...... 1,448

 Education Improvement Programs 417 ...... 417 3,032 ...... 3,032 3,219 ...... 3,219

 Other 3,895 ...... 3,895 19,984 ...... 19,984 4,767 ...... 4,767

 Total--Office of Elementary and Secondary Education 5,953 ...... 5,953 34,966 ...... 34,966 20,503 ...... 20,503

 Office of Innovation and Improvement 71 ...... 71 523 ...... 523 578 ...... 578

 Office of English Language Acquisition 54 ...... 54 443 ...... 443 499 ...... 499

 Office of Special Education and Rehabilitative Services:

 Special Education 1,107 ...... 1,107 8,493 ...... 8,493 8,847 ...... 8,847

 Rehabilitation Services and Disability Research 236 ...... 236 1,886 ...... 1,886 2,217 ...... 2,217

 Special Institutions for Persons with Disabilities 22 ...... 22 180 ...... 180 170 ...... 170

 Office of Vocational and Adult Education 147 ...... 147 1,147 ...... 1,147 1,109 ...... 1,109

 Office of Postsecondary Education:

 Higher Education 186 ...... 186 1,529 ...... 1,529 1,542 ...... 1,542

 Other (**) (**) (**) 1,908 2 1,906 206 2 204

 Total--Office of Postsecondary Education 186 (**) 186 3,437 2 3,435 1,748 2 1,746

 Office of Federal Student Aid:

 Student Financial Assistance 1,034 ...... 1,034 17,913 ...... 17,913 18,888 ...... 18,888

 Student Aid Administration 142 ...... 142 1,207 ...... 1,207 1,134 ...... 1,134

 Federal Student Loan Reserve Fund ...... ...... ...... -54 ...... -54 -68 ...... -68

 Federal Direct Student Loans ...... ...... ...... 2,728 ...... 2,728 5,245 ...... 5,245

 Federal Family Education Loans -5 ...... -5 -60 ...... -60 -149 ...... -149

 Other 16 (**) 16 52 1 50 16 4 12

 Total--Office of Federal Student Aid 1,187 (**) 1,187 21,786 1 21,785 25,066 4 25,062

 Institute of Education Sciences 36 ...... 36 343 ...... 343 379 ...... 379

 Departmental Management 53 ...... 53 413 ...... 413 369 ...... 369

 Other 17 ...... 17 219 ...... 219 192 ...... 192

 Proprietary Receipts from the Public ...... 60 -60 ...... 2,449 -2,449 ...... 3,868 -3,868

 Intrabudgetary Transactions -15 ...... -15 2 ...... 2 16 ...... 16

 Total--Department of Education 9,055 60 8,995 73,838 2,452 71,386 61,693 3,874 57,819

Department of Energy:

 National Nuclear Security Administration:

 Naval Reactors 172 ...... 172 960 ...... 960 987 ...... 987

 Weapons Activities 935 ...... 935 8,332 ...... 8,332 7,493 ...... 7,493

 Defense Nuclear Nonproliferation 162 ...... 162 1,233 ...... 1,233 1,346 ...... 1,346

 Other 34 ...... 34 277 ...... 277 277 ...... 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 2021 and Other Periods - Continued

[$ millions]

Department of Energy: - Continued

 Environmental and Other Defense Activities:

 Defense Environmental Cleanup 434 ...... 434 4,123 ...... 4,123 4,007 ...... 4,007

 Other Defense Activities 31 ...... 31 567 ...... 567 593 ...... 593

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

 Energy Programs:

 Science 479 ...... 479 4,356 ...... 4,356 4,027 ...... 4,027

 Energy Supply 148 ...... 148 1,242 ...... 1,242 1,222 ...... 1,222

 Energy Efficiency and Renewable Energy 179 ...... 179 1,432 ...... 1,432 1,366 ...... 1,366

 Fossil Energy Research and Development 60 ...... 60 454 ...... 454 430 ...... 430

 Uranium Enrichment Decontamination and Decommissioning

 Fund 61 ...... 61 516 ...... 516 563 ...... 563

 Advanced Technology Vehicles Manufacturing Loan Program (**) ...... (**) 17 ...... 17 2 ...... 2

 Title 17 Innovative Technology Loan Guarantee Program 2 ...... 2 314 ...... 314 130 ...... 130

 Other 105 1 105 949 98 852 817 78 738

 Total--Energy Programs 1,034 1 1,034 9,281 98 9,184 8,557 78 8,479

 Power Marketing Administration 254 315 -61 2,611 2,654 -43 2,822 2,615 207

 Departmental Administration 30 ...... 30 205 ...... 205 125 ...... 125

 Proprietary Receipts from the Public ...... 321 -321 ...... 899 -899 ...... 1,084 -1,084

 Intrabudgetary Transactions -181 ...... -181 -1,102 ...... -1,102 -1,052 ...... -1,052

 Total--Department of Energy 2,904 636 2,267 26,488 3,651 22,836 25,156 3,777 21,379

Department of Health and Human Services:

 Food and Drug Administration 476 (**) 475 2,818 5 2,813 2,412 6 2,406

 Health Resources and Services Administration 948 ...... 948 9,227 ...... 9,227 7,870 ...... 7,870

 Indian Health Service 1,582 ...... 1,582 7,609 ...... 7,609 5,302 ...... 5,302

 Centers for Disease Control and Prevention 946 ...... 946 6,774 ...... 6,774 5,558 ...... 5,558

 National Institutes of Health 3,089 ...... 3,089 25,623 ...... 25,623 24,254 ...... 24,254

 Substance Abuse and Mental Health Services Administration 438 ...... 438 3,771 ...... 3,771 3,438 ...... 3,438

 Agency for Healthcare Research and Quality 26 ...... 26 224 ...... 224 227 ...... 227

 Centers for Medicare and Medicaid Services:

 Grants to States for Medicaid 43,613 ...... 43,613 339,338 ...... 339,338 292,776 ...... 292,776

 Payments to Health Care Trust Funds 40,601 ...... 40,601 299,526 ...... 299,526 246,233 ...... 246,233

 Children's Health Insurance Fund 1,220 ...... 1,220 10,325 ...... 10,325 10,738 ...... 10,738

 State Grants and Demonstrations 24 ...... 24 189 ...... 189 220 ...... 220

 Federal Hospital Insurance Trust Fund:

 Benefit Payments 13,974 ...... 13,974 226,875 ...... 226,875 280,990 ...... 280,990

 Administrative Expenses 238 ...... 238 2,253 ...... 2,253 2,336 ...... 2,336

 Total--Federal Hospital Insurance Trust Fund 14,212 ...... 14,212 229,128 ...... 229,128 283,326 ...... 283,326

 Health Care Fraud and Abuse Control 248 ...... 248 1,392 ...... 1,392 1,253 ...... 1,253

 Federal Supplementary Medical Insurance Trust Fund:

 Benefit Payments 17,206 ...... 17,206 259,929 ...... 259,929 276,759 ...... 276,759

 Administrative Expenses 265 ...... 265 2,670 ...... 2,670 2,935 ...... 2,935

 Medicare Prescription Drugs:

 Benefit Payments 93 ...... 93 65,759 ...... 65,759 58,497 ...... 58,497

 Total--Federal Supplementary Medical Insurance Trust

 Fund 17,564 ...... 17,564 328,358 ...... 328,358 338,191 ...... 338,191

 Other 200 ...... 200 4,569 ...... 4,569 3,684 ...... 3,684

 Total--Centers for Medicare and Medicaid Services 117,681 ...... 117,681 1,212,825 ...... 1,212,825 1,176,420 ...... 1,176,420

 Administration for Children and Families:

 Temporary Assistance for Needy Families 1,054 ...... 1,054 9,986 ...... 9,986 11,397 ...... 11,397

 Contingency Fund 72 ...... 72 352 ...... 352 425 ...... 425

 Payments to States for Child Support Enforcement and

 Family Support Programs 294 ...... 294 2,214 ...... 2,214 2,462 ...... 2,462

 Low Income Home Energy Assistance 328 ...... 328 3,052 ...... 3,052 2,817 ...... 2,817

 Refugee and Entrant Assistance 942 ...... 942 2,488 ...... 2,488 1,251 ...... 1,251

 Child Care Entitlement to States 149 ...... 149 1,950 ...... 1,950 2,069 ...... 2,069

 Payments to States for the Child Care and Development

 Block Grant 951 ...... 951 5,900 ...... 5,900 3,732 ...... 3,732

 Social Services Block Grant 176 ...... 176 1,053 ...... 1,053 1,177 ...... 1,177

 Children and Families Services Programs 1,096 ...... 1,096 8,839 ...... 8,839 8,309 ...... 8,309

 Payments to States for Foster Care and Adoption

 Assistance 649 ...... 649 6,092 ...... 6,092 5,738 ...... 5,738

 Other 33 ...... 33 322 ...... 322 378 ...... 378

 Total--Administration for Children and Families 5,746 ...... 5,746 42,247 ...... 42,247 39,753 ...... 39,753

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 2021 and Other Periods - Continued

[$ millions]

Department of Health and Human Services: - Continued

 Administration for Community Living 213 ...... 213 1,788 ...... 1,788 1,514 ...... 1,514

 Departmental Management 4,836 ...... 4,836 48,660 ...... 48,660 68,571 ...... 68,571

 Other 24 ...... 24 569 ...... 569 702 ...... 702

 Proprietary Receipts from the Public ...... 13,259 -13,259 ...... 104,457 -104,457 ...... 91,378 -91,378

 Intrabudgetary Transactions:

 Payments for Health Insurance for the Aged:

 Federal Supplementary Medical Insurance Trust Fund -32,755 ...... -32,755 -283,638 ...... -283,638 -238,642 ...... -238,642

 Payments for Tax and Other Credits:

 Federal Hospital Insurance Trust Fund -7,848 ...... -7,848 -15,914 ...... -15,914 -7,601 ...... -7,601

 Other -15 ...... -15 -427 ...... -427 -413 ...... -413

 Total--Department of Health and Human Services 95,387 13,260 82,128 1,062,158 104,462 957,695 1,089,365 91,384 997,981

Department of Homeland Security:

 Departmental Management and Operations 179 ...... 179 1,341 ...... 1,341 1,089 ...... 1,089

 Citizenship and Immigration Services 370 ...... 370 2,794 ...... 2,794 2,905 ...... 2,905

 United States Secret Service 218 ...... 218 1,745 ...... 1,745 1,666 ...... 1,666

 Transportation Security Administration 757 ...... 757 4,987 ...... 4,987 4,703 ...... 4,703

 Immigration and Customs Enforcement 624 ...... 624 5,358 ...... 5,358 5,363 ...... 5,363

 U.S. Customs and Border Protection 1,375 1 1,374 11,885 8 11,877 10,973 19 10,954

 United States Coast Guard 729 ...... 729 8,042 ...... 8,042 7,650 ...... 7,650

 National Protection and Programs Directorate 139 ...... 139 1,201 ...... 1,201 1,206 ...... 1,206

 Federal Emergency Management Agency:

 State and Local Programs 2 ...... 2 6 ...... 6 153 ...... 153

 Firefighter Assistance Grants 4 ...... 4 40 ...... 40 87 ...... 87

 Disaster Relief 3,247 ...... 3,247 29,329 ...... 29,329 10,777 ...... 10,777

 National Flood Insurance Fund 79 207 -128 1,140 1,188 -48 1,387 1,184 203

 Other 99 ...... 99 922 ...... 922 828 ...... 828

 Total--Federal Emergency Management Agency 3,431 207 3,223 31,437 1,188 30,249 13,232 1,184 12,048

 Science and Technology 62 ...... 62 490 ...... 490 541 ...... 541

 Domestic Nuclear Detection Office 26 ...... 26 245 ...... 245 165 ...... 165

 Other 36 ...... 36 353 ...... 353 328 ...... 328

 Proprietary Receipts from the Public ...... 199 -199 ...... 1,064 -1,064 ...... 623 -623

 Intrabudgetary Transactions -67 ...... -67 110 ...... 110 -50 ...... -50

 Offsetting Governmental Receipts ...... 1,189 -1,189 ...... 6,731 -6,731 ...... 7,402 -7,402

 Total--Department of Homeland Security 7,879 1,595 6,284 69,987 8,991 60,996 49,771 9,228 40,543

Department of Housing and Urban Development:

 Public and Indian Housing Programs:

 Tenant Based Rental Assistance 1,751 ...... 1,751 16,575 ...... 16,575 15,911 ...... 15,911

 Housing Certificate Fund 1 ...... 1 18 ...... 18 102 ...... 102

 Public Housing Capital Fund 138 ...... 138 1,464 ...... 1,464 1,489 ...... 1,489

 Public Housing Operating Fund 428 ...... 428 3,450 ...... 3,450 2,991 ...... 2,991

 Revitalization of Severely Distressed Public Housing

 (Hope VI) ...... ...... ...... (**) ...... (**) 3 ...... 3

 Native American Housing Block Grant 60 ...... 60 541 ...... 541 395 ...... 395

 Other 13 ...... 13 95 ...... 95 123 ...... 123

 Total--Public and Indian Housing Programs 2,390 ...... 2,390 22,143 ...... 22,143 21,013 ...... 21,013

 Community Planning and Development:

 Housing Opportunities for Persons with AIDS 43 ...... 43 237 ...... 237 212 ...... 212

 Community Development Fund 520 ...... 520 4,090 ...... 4,090 3,419 ...... 3,419

 Home Investment Partnership Program 61 ...... 61 554 ...... 554 540 ...... 540

 Neighborhood Stabilization Program 1 ...... 1 10 ...... 10 15 ...... 15

 Homeless Assistance Grants 256 ...... 256 1,850 ...... 1,850 1,451 ...... 1,451

 Other 20 ...... 20 166 ...... 166 151 ...... 151

 Total--Community Planning and Development 901 ...... 901 6,908 ...... 6,908 5,788 ...... 5,788

 Housing Programs:

 Credit Accounts:

 FHA-Mutual Mortgage Insurance Fund, Program Account 7 ...... 7 78 ...... 78 73 ...... 73

 FHA-Mutual Mortgage Insurance Capital Reserve Account -729 ...... -729 -10,430 ...... -10,430 -4,247 ...... -4,247

 FHA-Mutual Mortgage and Cooperative Housing Insurance

 Fund, Liquidating Account 1 1 (**) 3 1 2 10 8 2

 FHA-General and Special Risk Fund, Liquidating Account 5 22 -17 87 208 -122 98 153 -55

 Housing for the Elderly or Handicapped Fund,

 Liquidating Account (**) 9 -9 1 95 -94 -80 34 -114

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 2021 and Other Periods - Continued

[$ millions]

Department of Housing and Urban Development: - Continued

 HUD Project-Based Rental Assistance 1,154 ...... 1,154 8,966 ...... 8,966 8,471 ...... 8,471

 Housing for the Elderly 58 ...... 58 504 ...... 504 485 ...... 485

 Housing for Persons with Disabilities 18 ...... 18 137 ...... 137 131 ...... 131

 Other Assisted Housing Programs 5 ...... 5 44 ...... 44 42 ...... 42

 Other 4 2 1 37 8 29 39 25 14

 Total--Housing Programs 522 34 488 -573 313 -886 5,021 220 4,802

 Government National Mortgage Association:

 Guarantees of Mortgage-Backed Securities 7 (**) 7 -11 (**) -11 348 1 347

 Management and Administration 149 ...... 149 1,302 ...... 1,302 1,186 ...... 1,186

 Other 15 ...... 15 121 ...... 121 119 ...... 119

 Proprietary Receipts from the Public:

 FHA-General and Special Risk Fund ...... 95 -95 ...... 677 -677 ...... 400 -400

 Other ...... (**) (**) ...... 714 -714 ...... 388 -388

 Intrabudgetary Transactions -1 ...... -1 -2 ...... -2 -4 ...... -4

 Offsetting Governmental Receipts ...... 1 -1 ...... 11 -11 ...... 10 -10

 Total--Department of Housing and Urban Development 3,984 132 3,853 29,888 1,716 28,172 33,471 1,019 32,452

Department of the Interior:

 Land and Minerals Management:

 Bureau of Land Management:

 Management of Lands and Resources 88 ...... 88 758 ...... 758 754 ...... 754

 Other 15 4 11 233 46 188 258 38 220

 Bureau of Ocean Energy Management 11 ...... 11 93 ...... 93 88 ...... 88

 Office of Surface Mining Reclamation and Enforcement 26 ...... 26 680 ...... 680 1,758 ...... 1,758

 Total--Land and Minerals Management 140 4 137 1,765 46 1,719 2,857 38 2,820

 Water and Science:

 Bureau of Reclamation:

 Water and Related Resources 83 ...... 83 620 ...... 620 716 ...... 716

 Other 39 6 33 426 261 166 440 152 288

 Central Utah Project 2 ...... 2 25 ...... 25 28 ...... 28

 United States Geological Survey 95 ...... 95 794 ...... 794 776 ...... 776

 Total--Water and Science 219 6 212 1,865 261 1,605 1,961 152 1,809

 Fish and Wildlife and Parks:

 United States Fish and Wildlife Service 225 ...... 225 1,920 ...... 1,920 1,979 ...... 1,979

 National Park Service 258 (**) 258 2,205 1 2,205 2,193 ...... 2,193

 Total--Fish and Wildlife and Parks 483 (**) 483 4,125 1 4,124 4,172 ...... 4,172

 Indian Affairs:

 Bureau of Indian Affairs and Bureau of Indian Education 337 ...... 337 1,569 (**) 1,569 2,432 (**) 2,432

 Total--Indian Affairs 337 ...... 337 1,569 (**) 1,569 2,432 (**) 2,432

 Departmental Offices:

 Mineral Leasing and Associated Payments 165 ...... 165 1,116 ...... 1,116 1,124 ...... 1,124

 Other 15 ...... 15 415 ...... 415 514 ...... 514

 Insular Affairs 15 ...... 15 227 ...... 227 240 ...... 240

 Office of the Special Trustee for American Indians 7 ...... 7 64 ...... 64 71 ...... 71

 Department-Wide Programs 32 ...... 32 961 ...... 961 793 ...... 793

 Total--Departmental Offices 235 ...... 235 2,783 ...... 2,783 2,742 ...... 2,742

 Other 318 ...... 318 1,660 ...... 1,660 672 ...... 672

 Proprietary Receipts from the Public ...... 593 -593 ...... 3,952 -3,952 ...... 3,961 -3,961

 Intrabudgetary Transactions 3 ...... 3 -73 (**) -73 -179 (**) -179

 Total--Department of the Interior 1,735 603 1,131 13,695 4,259 9,436 14,657 4,151 10,506

Department of Justice:

 General Administration 112 ...... 112 938 ...... 938 415 ...... 415

 Legal Activities and U.S. Marshals:

 General Legal Activities 201 ...... 201 1,796 ...... 1,796 1,441 ...... 1,441

 United States Attorneys 205 ...... 205 1,484 ...... 1,484 1,455 ...... 1,455

 United States Marshals Service 109 ...... 109 951 ...... 951 933 ...... 933

 Assets Forfeiture Fund 529 ...... 529 1,661 ...... 1,661 1,868 ...... 1,868

 Other 228 ...... 228 1,675 ...... 1,675 1,630 ...... 1,630

 Federal Bureau of Investigation 666 ...... 666 6,530 ...... 6,530 6,353 ...... 6,353

 Drug Enforcement Administration 245 ...... 245 1,923 ...... 1,923 1,850 ...... 1,850

 Bureau of Alcohol, Tobacco, Firearms, and Explosives 105 ...... 105 914 ...... 914 884 ...... 884

 Federal Prison System 632 37 594 5,250 252 4,998 5,251 213 5,038

 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 2021 and Other Periods - Continued

[$ millions]

Department of Justice: - Continued

 State and Local Law Enforcement Assistance 83 ...... 83 805 ...... 805 1,324 ...... 1,324

 Community Oriented Policing Services 16 ...... 16 102 ...... 102 107 ...... 107

 Crime Victims Fund 270 ...... 270 1,636 ...... 1,636 1,746 ...... 1,746

 Other 101 ...... 101 466 ...... 466 531 ...... 531

 Other 62 ...... 62 507 ...... 507 543 ...... 543

 Proprietary Receipts from the Public ...... 36 -36 ...... 384 -384 ...... 457 -457

 Intrabudgetary Transactions 63 ...... 63 71 ...... 71 -191 ...... -191

 Offsetting Governmental Receipts ...... 75 -75 ...... 638 -638 ...... 502 -502

 Total--Department of Justice 3,625 148 3,477 26,708 1,274 25,434 26,141 1,173 24,968

Department of Labor:

 Employment and Training Administration:

 Training and Employment Services 270 ...... 270 2,153 ...... 2,153 2,194 ...... 2,194

 Office of Job Corps 135 ...... 135 1,039 ...... 1,039 1,073 ...... 1,073

 Community Service Employment for Older Americans 32 ...... 32 253 ...... 253 261 ...... 261

 Federal Unemployment Benefits and Allowances 18 ...... 18 141 ...... 141 206 ...... 206

 Federal Additional Unemployment Compensation

 Program-Recovery Act 18,523 ...... 18,523 109,303 ...... 109,303 91,092 ...... 91,092

 State Unemployment Insurance and Employment Service

 Operations -98 ...... -98 -111 ...... -111 106 ...... 106

 Payments to the Unemployment Trust Fund 65,977 ...... 65,977 219,429 ...... 219,429 82,583 ...... 82,583

 Program Administration 21 ...... 21 77 ...... 77 74 ...... 74

 Unemployment Trust Fund:

 Federal-State Unemployment Insurance:

 State Unemployment Benefits 16,437 ...... 16,437 167,089 ...... 167,089 67,196 ...... 67,196

 State Administrative Expenses 607 ...... 607 4,736 ...... 4,736 2,331 ...... 2,331

 Federal Administrative Expenses 28 ...... 28 400 ...... 400 389 ...... 389

 Other (**) ...... (**) 14 ...... 14 2 ...... 2

 Total--Unemployment Trust Fund 17,073 ...... 17,073 172,239 ...... 172,239 69,918 ...... 69,918

 Other 34 ...... 34 411 ...... 411 -347 ...... -347

 Total--Employment and Training Administration 101,984 ...... 101,984 504,935 ...... 504,935 247,161 ...... 247,161

 Pension Benefit Guaranty Corporation 600 775 -176 4,587 5,916 -1,329 4,354 8,764 -4,410

 Office of Workers' Compensation Programs:

 Special Benefits 190 ...... 190 -633 ...... -633 -688 ...... -688

 Energy Employees Occupational Illness Compensation Fund 141 ...... 141 1,105 ...... 1,105 1,051 ...... 1,051

 Special Benefits for Disabled Coal Miners 4 ...... 4 38 ...... 38 43 ...... 43

 Black Lung Disability Trust Fund 16 ...... 16 133 ...... 133 142 ...... 142

 Other 19 ...... 19 238 ...... 238 238 ...... 238

 Wage and Hour Division 18 ...... 18 190 ...... 190 179 ...... 179

 Occupational Safety and Health Administration 57 ...... 57 391 ...... 391 397 ...... 397

 Mine Safety and Health Administration 34 ...... 34 251 ...... 251 246 ...... 246

 Bureau of Labor Statistics 56 ...... 56 371 ...... 371 364 ...... 364

 Departmental Management 39 ...... 39 207 ...... 207 282 ...... 282

 Other 34 ...... 34 225 ...... 225 224 ...... 224

 Proprietary Receipts from the Public ...... 1 -1 ...... 5 -5 ...... 5 -5

 Intrabudgetary Transactions -65,982 ...... -65,982 -217,764 ...... -217,764 -82,813 ...... -82,813

 Total--Department of Labor 37,211 777 36,434 294,275 5,921 288,355 171,180 8,768 162,411

Department of State:

 Administration of Foreign Affairs:

 Diplomatic and Consular Programs 545 ...... 545 6,274 ...... 6,274 5,938 ...... 5,938

 Educational and Cultural Exchange Programs 33 ...... 33 341 ...... 341 454 ...... 454

 Embassy Security, Construction, and Maintenance 220 ...... 220 130 ...... 130 1,060 ...... 1,060

 Payment to Foreign Service Retirement and Disability

 Fund ...... ...... ...... 159 ...... 159 425 ...... 425

 Foreign Service Retirement and Disability Fund 85 ...... 85 680 ...... 680 669 ...... 669

 Other 530 ...... 530 2,028 ...... 2,028 2,308 ...... 2,308

 Total--Administration of Foreign Affairs 1,413 ...... 1,413 9,611 ...... 9,611 10,852 ...... 10,852

 International Organizations and Conferences 101 ...... 101 1,825 ...... 1,825 2,675 ...... 2,675

 Global Health and Child Survival 596 ...... 596 7,825 ...... 7,825 6,149 ...... 6,149

 Migration and Refugee Assistance 276 ...... 276 2,032 ...... 2,032 1,709 ...... 1,709

 International Narcotics Control and Law Enforcement 123 ...... 123 716 ...... 716 687 ...... 687

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

 Other 67 ...... 67 401 ...... 401 372 ...... 372

 Proprietary Receipts from the Public ...... 186 -186 ...... 1,166 -1,166 ...... 1,694 -1,694

 Intrabudgetary Transactions -119 ...... -119 -462 ...... -462 -489 ...... -489

 Total--Department of State 2,456 186 2,270 21,949 1,166 20,783 21,956 1,694 20,262

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 2021 and Other Periods - Continued

[$ millions]

Department of Transportation:

 Office of the Secretary 107 ...... 107 673 ...... 673 417 ...... 417

 Federal Aviation Administration:

 Operations 77 ...... 77 330 ...... 330 -878 ...... -878

 Airport and Airway Trust Fund:

 Grants-In-Aid for Airports 541 ...... 541 3,547 ...... 3,547 2,198 ...... 2,198

 Facilities and Equipment 198 ...... 198 1,677 ...... 1,677 1,816 ...... 1,816

 Research, Engineering, and Development 21 ...... 21 97 ...... 97 96 ...... 96

 Trust Fund Share of FAA Operations 750 ...... 750 6,722 ...... 6,722 7,756 ...... 7,756

 Total--Airport and Airway Trust Fund 1,510 ...... 1,510 12,043 ...... 12,043 11,865 ...... 11,865

 Other -21 9 -30 16,326 23 16,303 10,392 22 10,369

 Total--Federal Aviation Administration 1,566 9 1,557 28,699 23 28,675 21,379 22 21,357

 Federal Highway Administration:

 Highway Trust Fund:

 Federal-Aid Highways 3,103 ...... 3,103 25,565 ...... 25,565 27,109 ...... 27,109

 Other 1 ...... 1 6 ...... 6 (**) ...... (**)

 Other Programs 555 ...... 555 15,808 ...... 15,808 1,264 ...... 1,264

 Total--Federal Highway Administration 3,659 ...... 3,659 41,379 ...... 41,379 28,372 ...... 28,372

 Federal Motor Carrier Safety Administration 44 ...... 44 370 ...... 370 410 ...... 410

 National Highway Traffic Safety Administration 86 ...... 86 727 ...... 727 665 ...... 665

 Federal Railroad Administration:

 Capital and Debt Service Grants to the National Railroad

 Passenger Corporation ...... ...... ...... ...... ...... ...... 1 ...... 1

 Other 35 ...... 35 4,918 ...... 4,918 3,230 -47 3,277

 Total--Federal Railroad Administration 35 ...... 35 4,918 ...... 4,918 3,231 -47 3,278

 Federal Transit Administration:

 Formula Grants 1 ...... 1 14 ...... 14 3 ...... 3

 Capital Investment Grants 236 ...... 236 1,304 ...... 1,304 1,306 ...... 1,306

 Transit Formula Grants 564 ...... 564 4,860 ...... 4,860 6,121 ...... 6,121

 Other 1,045 ...... 1,045 8,482 ...... 8,482 4,193 ...... 4,193

 Total--Federal Transit Administration 1,845 ...... 1,845 14,660 ...... 14,660 11,623 ...... 11,623

 Maritime Administration 51 (**) 51 415 1 413 297 1 297

 Other 36 (**) 36 340 30 310 360 29 331

 Proprietary Receipts from the Public ...... 9 -9 ...... 37 -37 ...... 87 -87

 Intrabudgetary Transactions:

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

 Other -1 ...... -1 -14,002 ...... -14,002 -10,000 ...... -10,000

 Offsetting Governmental Receipts ...... 69 -69 ...... 142 -142 ...... 127 -127

 Total--Department of Transportation 7,428 88 7,340 64,580 234 64,346 56,755 218 56,537

Department of the Treasury:

 Departmental Offices:

 Exchange Stabilization Fund ...... 2 -2 47 1,673 -1,626 11,542 195 11,348

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

 Troubled Asset Relief Program 36 ...... 36 309 ...... 309 508 ...... 508

 ESF - Economic Stabilization Program 8 ...... 8 232 ...... 232 2,230 ...... 2,230

 Air Carrier Worker Support 929 ...... 929 23,561 ...... 23,561 17,201 ...... 17,201

 Coronavirus Relief Fund 130,302 ...... 130,302 131,057 ...... 131,057 146,633 ...... 146,633

 Emergency Capital Investment Program (**) ...... (**) 1 ...... 1 ...... ...... ......

 Emergency Rental Assistance 7,175 ...... 7,175 32,160 ...... 32,160 ...... ...... ......

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

 Other 990 ...... 990 1,679 ...... 1,679 1,111 ...... 1,111

 Bureau of the Fiscal Service:

 Payment to the Resolution Funding Corporation ...... ...... ...... 1,152 ...... 1,152 1,793 ...... 1,793

 Financial Agent Services 91 ...... 91 612 ...... 612 539 ...... 539

 Claims, Judgements, and Relief Acts 747 ...... 747 7,347 ...... 7,347 1,624 ...... 1,624

 Other 64 (**) 64 890 1 890 1,724 1 1,723

 Total--Bureau of the Fiscal Service 902 (**) 902 10,001 1 10,001 5,680 1 5,679

 Federal Financing Bank -74 ...... -74 -1,092 ...... -1,092 -984 ...... -984

 Alcohol and Tobacco Tax and Trade Bureau:

 Salaries and Expenses 9 ...... 9 80 ...... 80 79 ...... 79

 Internal Revenue Collections for Puerto Rico 46 ...... 46 335 ...... 335 305 ...... 305

 Bureau of Engraving and Printing -13 ...... -13 44 ...... 44 20 ...... 20

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 2021 and Other Periods - Continued

[$ millions]

Department of the Treasury: - Continued

 United States Mint 438 325 113 3,597 3,803 -206 1,912 2,041 -129

 Internal Revenue Service:

 Taxpayer Services 267 ...... 267 2,016 ...... 2,016 1,662 ...... 1,662

 Enforcement 377 ...... 377 3,220 ...... 3,220 3,079 ...... 3,079

 Operations Support 450 ...... 450 3,107 ...... 3,107 2,937 ...... 2,937

 Build America Bond Payments, Recovery Act 232 ...... 232 2,357 ...... 2,357 1,434 ...... 1,434

 Refundable Premium Tax Credits and Cost Sharing

 Reductions 4,790 ...... 4,790 36,855 ...... 36,855 32,695 ...... 32,695

 Payment Where Earned Income Credit Exceeds Liability for

 Tax 6,098 ...... 6,098 49,212 ...... 49,212 52,874 ...... 52,874

 Payment Where Child Tax Credit Exceeds Liability for Tax 3,115 ...... 3,115 26,913 ...... 26,913 25,618 ...... 25,618

 Payment Where American Opportunity Tax Credit Exceeds

 Liability for Tax 563 ...... 563 3,510 ...... 3,510 2,440 ...... 2,440

 Refunding Internal Revenue Collections, Interest 267 ...... 267 1,912 ...... 1,912 1,424 ...... 1,424

 Other 113,105 1 13,104 2 570,525 1 570,524 275,218 (**) 275,218

 Total--Internal Revenue Service 29,264 1 29,263 699,627 1 699,626 399,382 (**) 399,381

 Comptroller of the Currency 75 (**) 75 707 584 123 710 547 163

 Interest on the Public Debt:

 Interest on Treasury Debt Securities (Gross):

 Public Issues (Accrual Basis) 36,669 ...... 36,669 239,727 ...... 239,727 253,641 ...... 253,641

 Special Issues (Cash Basis) 9,044 ...... 9,044 80,156 ...... 80,156 83,319 ...... 83,319

 Total--Interest on Treasury Debt Securities (Gross) 45,714 ...... 45,714 319,883 ...... 319,883 336,959 ...... 336,959

 Total--Interest on the Public Debt 45,714 ...... 45,714 319,883 ...... 319,883 336,959 ...... 336,959

 Other 11 ...... 11 88 ...... 88 81 ...... 81

 Proprietary Receipts from the Public ...... -8 8 ...... 3,166 -3,166 ...... 3,738 -3,738

 Intrabudgetary Transactions 204 ...... 204 -1,626 ...... -1,626 -1,653 ...... -1,653

 Total--Department of the Treasury 216,017 319 215,697 1,220,693 9,227 1,211,466 921,718 6,522 915,197

Department of Veterans Affairs:

 Joint DOD-VA Medical Facility Demonstration Fund 37 ...... 37 322 ...... 322 311 ...... 311

 Veterans Health Administration:

 Veterans Choice Fund, Veterans Health Administration 1 ...... 1 -78 ...... -78 135 ...... 135

 Medical Services 6,561 ...... 6,561 55,536 ...... 55,536 48,958 ...... 48,958

 Medical Support and Compliance 597 ...... 597 5,352 ...... 5,352 5,118 ...... 5,118

 Medical Facilities 499 ...... 499 4,403 ...... 4,403 4,245 ...... 4,245

 Other 104 42 63 887 332 555 872 288 585

 Benefits Programs:

 Public Enterprise Funds:

 Housing Accounts (**) 1 (**) (**) 4 -5 1 6 -6

 Other 15 202 -187 153 1,118 -965 545 1,155 -610

 Compensation and Pensions 579 ...... 579 75,568 ...... 75,568 72,439 ...... 72,439

 Readjustment Benefits 381 ...... 381 8,672 ...... 8,672 9,295 ...... 9,295

 Veterans Housing Benefit Program Fund 3 ...... 3 29 ...... 29 91 ...... 91

 Insurance Funds:

 National Service Life 39 ...... 39 384 ...... 384 427 ...... 427

 Veterans Special Life 15 1 14 143 29 114 134 34 100

 Other 10 ...... 10 84 ...... 84 73 ...... 73

 Total--Benefits Programs 1,043 204 839 85,033 1,152 83,881 83,005 1,196 81,809

 Departmental Administration:

 Construction 84 ...... 84 762 ...... 762 656 ...... 656

 Information Technology Systems 367 ...... 367 3,609 ...... 3,609 3,243 ...... 3,243

 General Operating Expenses 430 ...... 430 2,997 (**) 2,997 2,099 (**) 2,099

 Other 181 ...... 181 1,942 ...... 1,942 1,549 ...... 1,549

 Proprietary Receipts from the Public:

 National Service Life ...... 2 -2 ...... 17 -17 ...... 17 -17

 Other ...... 262 -262 ...... 3,554 -3,554 ...... 5,762 -5,762

 Intrabudgetary Transactions -1 ...... -1 1 ...... 1 15 ...... 15

 Total--Department of Veterans Affairs 9,902 509 9,393 160,767 5,054 155,712 150,207 7,263 142,945

Corps of Engineers:

 Construction 203 ...... 203 1,808 ...... 1,808 1,776 ...... 1,776

 Operation and Maintenance 210 ...... 210 1,780 ...... 1,780 2,053 ...... 2,053

 Flood Control and Coastal Emergencies 56 ...... 56 456 ...... 456 531 ...... 531

 Harbor Maintenance Trust Fund 142 ...... 142 826 ...... 826 734 ...... 734

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 2021 and Other Periods - Continued

[$ millions]

Corps of Engineers: - Continued

 Rivers and Harbors Contributed Funds 38 ...... 38 341 ...... 341 374 ...... 374

 Other 72 ...... 72 1,000 ...... 1,000 823 ...... 823

 Proprietary Receipts from the Public ...... 64 -64 ...... 568 -568 ...... 510 -510

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

 Total--Corps of Engineers 718 64 654 6,212 568 5,643 6,292 510 5,782

Other Defense Civil Programs:

 Military Retirement:

 Payment to Military Retirement Fund ...... ...... ...... 98,106 ...... 98,106 91,873 ...... 91,873

 Military Retirement Fund 442 ...... 442 41,927 ...... 41,927 41,411 ...... 41,411

 Retiree Health Care:

 Payment to Department of Defense Medicare-Eligible

 Retiree Health Care Fund ...... ...... ...... 6,983 ...... 6,983 6,637 ...... 6,637

 Department of Defense Medicare-Eligible Retiree Health

 Care Fund 626 ...... 626 7,702 ...... 7,702 7,338 ...... 7,338

 Educational Benefits 14 ...... 14 121 ...... 121 149 ...... 149

 Other 23 ...... 23 220 ...... 220 200 ...... 200

 Proprietary Receipts from the Public ...... 3 -3 ...... 23 -23 ...... 15 -15

 Intrabudgetary Transactions -1,632 ...... -1,632 -113,099 ...... -113,099 -104,136 ...... -104,136

 Total--Other Defense Civil Programs -526 3 -530 41,961 23 41,938 43,471 15 43,456

Environmental Protection Agency:

 Science and Technology 66 ...... 66 507 ...... 507 498 ...... 498

 Environmental Programs and Management 142 ...... 142 1,735 ...... 1,735 1,683 ...... 1,683

 State and Tribal Assistance Grants 279 ...... 279 2,403 ...... 2,403 2,925 ...... 2,925

 Payment to the Hazardous Substance Superfund ...... ...... ...... 1,153 ...... 1,153 1,077 ...... 1,077

 Hazardous Substance Superfund 124 ...... 124 918 ...... 918 1,019 ...... 1,019

 Other 55 2 53 113 48 65 153 48 106

 Proprietary Receipts from the Public ...... 16 -16 ...... 133 -133 ...... 176 -176

 Intrabudgetary Transactions 23 ...... 23 -1,144 ...... -1,144 -1,062 ...... -1,062

 Offsetting Governmental Receipts ...... 1 -1 ...... 19 -19 ...... 17 -17

 Total--Environmental Protection Agency 688 19 669 5,686 200 5,486 6,292 241 6,051

Executive Office of the President:

 The White House 5 ...... 5 41 ...... 41 42 ...... 42

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

 Unanticipated Needs 3 ...... 3 17 ...... 17 13 ...... 13

 Other 17 ...... 17 158 ...... 158 185 ...... 185

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

 Intrabudgetary Transactions (**) ...... (**) (**) ...... (**) -40 ...... -40

 Total--Executive Office of the President 33 (**) 33 288 (**) 288 271 (**) 271

General Services Administration:

 Real Property Activities -158 ...... -158 -591 ...... -591 113 ...... 113

 Supply and Technology Activities -57 ...... -57 -281 ...... -281 -270 ...... -270

 General Activities 60 ...... 60 266 ...... 266 189 ...... 189

 Proprietary Receipts from the Public ...... 8 -8 ...... 71 -71 ...... 33 -33

 Intrabudgetary Transactions -3 ...... -3 -9 ...... -9 -8 ...... -8

 Total--General Services Administration -158 8 -167 -615 71 -686 25 33 -8

International Assistance Programs:

 Millennium Challenge Corporation 77 ...... 77 448 ...... 448 390 ...... 390

 International Security Assistance:

 Foreign Military Financing Program 206 ...... 206 4,643 ...... 4,643 5,700 ...... 5,700

 Economic Support Fund 261 ...... 261 2,050 ...... 2,050 2,712 ...... 2,712

 Other 76 ...... 76 570 (**) 569 840 7 833

 Total--International Security Assistance 543 ...... 543 7,262 (**) 7,262 9,252 7 9,245

 Multilateral Assistance:

 Contribution to the International Development

 Association ...... ...... ...... 1,001 ...... 1,001 1,097 ...... 1,097

 Other 8 ...... 8 709 ...... 709 947 ...... 947

 Total--Multilateral Assistance 8 ...... 8 1,710 ...... 1,710 2,044 ...... 2,044

 Agency for International Development:

 Development Assistance Program 184 ...... 184 1,442 ...... 1,442 1,588 ...... 1,588

 Assistance for Europe, Eurasia and Central Asia 46 ...... 46 385 ...... 385 427 ...... 427

 International Disaster Assistance 706 ...... 706 3,705 ...... 3,705 3,152 ...... 3,152

 Operating Expenses 82 ...... 82 930 ...... 930 937 ...... 937

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 2021 and Other Periods - Continued

[$ millions]

International Assistance Programs: - Continued

 Other 49 ...... 49 629 (**) 629 379 110 269

 Proprietary Receipts from the Public ...... 12 -12 ...... 44 -44 ...... 36 -36

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

 Total--Agency for International Development 1,066 12 1,054 7,088 44 7,044 6,473 146 6,327

 Overseas Private Investment Corporation:

 Overseas Private Investment Corporation Accounts 1 ...... 1 7 ...... 7 38 41 -3

 Proprietary Receipts from the Public ...... ...... ...... ...... ...... ...... ...... 57 -57

 Total--Overseas Private Investment Corporation 1 ...... 1 7 ...... 7 38 98 -60

 Peace Corps 24 (**) 24 242 2 241 321 1 321

 Military Sales Program:

 Foreign Military Sales Trust Fund 2,446 ...... 2,446 22,910 ...... 22,910 24,929 ...... 24,929

 Other -7 30 -37 -63 97 -160 88 25 62

 Proprietary Receipts from the Public ...... 3,224 -3,224 ...... 24,651 -24,651 ...... 27,018 -27,018

 Other 26 36 -10 257 484 -228 134 295 -161

 Total--International Assistance Programs 4,184 3,302 882 39,861 25,279 14,582 43,669 27,591 16,078

National Aeronautics and Space Administration:

 Science 521 ...... 521 4,347 ...... 4,347 4,377 ...... 4,377

 Aeronautics 52 ...... 52 499 ...... 499 562 ...... 562

 Exploration 392 ...... 392 4,145 ...... 4,145 3,337 ...... 3,337

 Cross Agency Support 234 ...... 234 2,015 ...... 2,015 1,812 ...... 1,812

 Space Operations 289 ...... 289 2,738 ...... 2,738 2,928 ...... 2,928

 Other 135 ...... 135 1,051 ...... 1,051 1,017 ...... 1,017

 Proprietary Receipts from the Public ...... (**) (**) ...... 1 -1 ...... 20 -20

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

 Total--National Aeronautics and Space Administration 1,622 (**) 1,622 14,794 1 14,792 14,032 20 14,012

National Science Foundation:

 Research and Related Activities 476 ...... 476 3,512 ...... 3,512 3,558 ...... 3,558

 Education and Human Resources 62 ...... 62 557 ...... 557 605 ...... 605

 Other 7 ...... 7 363 ...... 363 396 ...... 396

 Proprietary Receipts from the Public ...... 2 -2 ...... 15 -15 ...... 21 -21

 Total--National Science Foundation 545 2 543 4,432 15 4,417 4,558 21 4,537

Office of Personnel Management:

 Government Payment for Annuitants, Employees Health and

 Life Insurance Benefits 1,153 ...... 1,153 9,011 ...... 9,011 8,720 ...... 8,720

 Postal Service Retiree Health Benefits Fund 341 ...... 341 2,683 ...... 2,683 2,582 ...... 2,582

 Civil Service Retirement and Disability Fund 7,635 ...... 7,635 61,493 ...... 61,493 60,722 ...... 60,722

 Employees Life Insurance Fund 330 299 30 2,521 3,094 -573 2,164 2,545 -381

 Employees and Retired Employees Health Benefits Fund 4,772 4,737 35 38,713 39,426 -712 37,714 38,060 -346

 Other -58 ...... -58 168 ...... 168 94 ...... 94

 Proprietary Receipts from the Public ...... 1 -1 ...... 54 -54 ...... 2 -2

 Intrabudgetary Transactions:

 Postal Service Contributions -7 ...... -7 -540 ...... -540 -612 ...... -612

 Civil Service Retirement and Disability Fund:

 Other -3 ...... -3 -25 ...... -25 -24 ...... -24

 Total--Office of Personnel Management 14,163 5,037 9,126 114,025 42,574 71,451 111,361 40,607 70,754

Small Business Administration:

 Salaries and Expenses 164 ...... 164 1,079 ...... 1,079 -178 (**) -178

 Business Loans Program 34,627 (**) 34,627 271,913 1 271,912 10,177 1 10,176

 Disaster Loans Program 258 (**) 258 1,840 (**) 1,840 6,353 (**) 6,353

 Other 18,690 2 18,688 19,523 14 19,509 10,547 13 10,533

 Proprietary Receipts from the Public ...... 577 -577 ...... 592 -592 ...... 1,277 -1,277

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

 Total--Small Business Administration 53,739 578 53,161 294,355 606 293,748 26,899 1,291 25,608

Social Security Administration:

 Payments to Social Security Trust Funds 21 ...... 21 24,121 ...... 24,121 29,389 ...... 29,389

 Supplemental Security Income Program 671 ...... 671 40,381 ...... 40,381 40,733 ...... 40,733

 Federal Old-Age and Survivors Insurance Trust Fund

 (Off-Budget):

 Benefit Payments 82,248 ...... 82,248 650,965 ...... 650,965 621,909 ...... 621,909

 Administrative Expenses 325 ...... 325 2,602 ...... 2,602 2,309 ...... 2,309

 Total--Federal Old-Age and Survivors Insurance Trust

 Fund (Off-Budget) 82,573 ...... 82,573 653,567 ...... 653,567 624,218 ...... 624,218

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 2021 and Other Periods - Continued

[$ millions]

Social Security Administration: - Continued

 Federal Disability Insurance Trust Fund (Off-Budget):

 Benefit Payments 11,791 ...... 11,791 94,210 ...... 94,210 96,820 ...... 96,820

 Administrative Expenses 216 ...... 216 1,768 ...... 1,768 1,735 ...... 1,735

 Total--Federal Disability Insurance Trust Fund

 (Off-Budget) 12,006 ...... 12,006 95,978 ...... 95,978 98,555 ...... 98,555

 Other 8 ...... 8 133 ...... 133 342 ...... 342

 Proprietary Receipts from the Public:

 On-Budget ...... 214 -214 ...... 1,548 -1,548 ...... 1,895 -1,895

 Off-Budget ...... 2 -2 ...... 20 -20 ...... 116 -116

 Intrabudgetary Transactions:

 Off-Budget 3 -21 ...... -21 -24,121 ...... -24,121 -29,388 ...... -29,388

 Total--Social Security Administration 95,258 216 95,042 790,060 1,568 788,492 763,849 2,011 761,838

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

 Broadcasting Board of Governors 58 (**) 58 530 (**) 530 513 (**) 513

 Bureau of Consumer Financial Protection 73 (**) 73 455 (**) 455 333 (**) 333

 Corporation for National and Community Service 70 (**) 70 592 (**) 592 626 (**) 625

 Corporation for Public Broadcasting ...... ...... ...... 640 ...... 640 540 ...... 540

 District of Columbia:

 Courts 23 (**) 23 207 (**) 207 217 ...... 217

 General and Special Payments 28 (**) 28 541 66 475 499 62 437

 Equal Employment Opportunity Commission 28 1 27 270 2 268 268 1 267

 Export-Import Bank of the United States 18 ...... 18 39 (**) 39 154 185 -31

 Federal Communications Commission:

 Universal Service Fund 665 ...... 665 5,808 ...... 5,808 5,361 ...... 5,361

 Other 193 2 191 1,559 18 1,541 1,415 20 1,395

 Federal Deposit Insurance Corporation:

 Deposit Insurance Fund -343 ...... -343 -3,775 ...... -3,775 -1,808 ...... -1,808

 FSLIC Resolution Fund (**) (**) (**) (**) (**) (**) 1 9 -8

 Total--Federal Deposit Insurance Corporation -343 (**) -343 -3,774 (**) -3,775 -1,806 9 -1,815

 Federal Drug Control Programs 87 ...... 87 292 ...... 292 214 ...... 214

 Federal Housing Finance Agency 23 ...... 23 210 ...... 210 193 ...... 193

 Institute of Museum and Library Services 24 (**) 24 168 (**) 168 140 (**) 140

 Intelligence Community Management Account 42 ...... 42 338 ...... 338 378 ...... 378

 Legal Services Corporation 39 ...... 39 349 ...... 349 377 ...... 377

 National Archives and Records Administration 28 (**) 28 281 6 274 298 17 281

 National Credit Union Administration 22 161 -139 1,902 3,978 -2,076 563 2,393 -1,830

 National Endowment for the Arts 13 (**) 13 115 1 115 110 1 110

 National Endowment for the Humanities 10 ...... 10 121 (**) 121 96 (**) 96

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

 Nuclear Regulatory Commission 66 45 21 588 523 66 613 369 244

 Postal Service:

 Off-Budget:

 Public Enterprise Funds 5,661 5,857 -196 67,248 69,026 -1,779 58,935 59,529 -594

 Other ...... ...... ...... 267 ...... 267 267 ...... 267

 Other ...... ...... ...... 55 ...... 55 57 ...... 57

 Railroad Retirement Board:

 Federal Windfall Subsidy 1 ...... 1 8 ...... 8 10 ...... 10

 Federal Payments to the Railroad Retirement Accounts (**) ...... (**) 626 ...... 626 521 ...... 521

 Railroad Unemployment Insurance Trust Fund:

 Benefit Payments 8 ...... 8 129 ...... 129 102 ...... 102

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

 Other 8 ...... 8 42 ...... 42 (**) ...... (**)

 Rail Industry Pension Fund:

 Benefit Payments 467 ...... 467 3,735 ...... 3,735 3,719 ...... 3,719

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

 Transfer to Administrative Funds 9 ...... 9 62 ...... 62 63 ...... 63

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

 National Railroad Retirement Investment Trust:

 Administrative Expenses 3 ...... 3 37 ...... 37 42 ...... 42

 Transfers to the Railroad Retirement Trust Funds from

 the National Railroad Retirement Investment Trust ...... ...... ...... 1,789 ...... 1,789 1,319 ...... 1,319

 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 2021 and Other Periods - Continued

[$ millions]

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

 Benefit Payments 629 ...... 629 5,025 ...... 5,025 5,033 ...... 5,033

 Transfer To Administrative Funds 3 ...... 3 18 ...... 18 21 ...... 21

 Other 3 ...... 3 8 ...... 8 -8 ...... -8

 Proprietary Receipts from the Public ...... 848 -848 ...... 4,837 -4,837 ...... -857 857

 Intrabudgetary Transactions:

 Other (**) ...... (**) -2,409 ...... -2,409 -1,841 ...... -1,841

 Total--Railroad Retirement Board 1,131 848 282 9,083 4,837 4,247 9,025 -857 9,882

 Securities and Exchange Commission 178 (**) 178 583 1 582 705 1 703

 Smithsonian Institution 104 (**) 104 795 (**) 795 787 (**) 787

 Tennessee Valley Authority 2,459 2,531 -72 25,783 26,424 -641 38,141 39,258 -1,117

 Other 162 41 121 2,357 443 1,914 3,425 479 2,946

 Total--Independent Agencies 10,880 9,486 1,394 117,589 105,326 12,263 122,629 101,468 21,161

Undistributed Offsetting Receipts:

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

 Employer Share, Employee Retirement:

 Department of Health and Human Services:

 Federal Hospital Insurance Trust Fund:

 Federal Employer Contributions -361 ...... -361 -2,804 ...... -2,804 -2,657 ...... -2,657

 Postal Service Employer Contributions -48 ...... -48 -402 ...... -402 -441 ...... -441

 Department of State:

 Foreign Service Retirement and Disability Fund -30 ...... -30 -250 ...... -250 -243 ...... -243

 Other Defense Civil Programs:

 Military Retirement Fund -2,200 ...... -2,200 -26,699 ...... -26,699 -22,714 ...... -22,714

 Department of Defense Medicare-Eligible Retiree Health

 Care Fund ...... ...... ...... -8,622 ...... -8,622 -8,050 ...... -8,050

 Office of Personnel Management:

 Civil Service Retirement and Disability Fund -3,244 ...... -3,244 -27,788 ...... -27,788 -24,762 ...... -24,762

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust Fund:

 Federal Employer Contributions -1,480 ...... -1,480 -11,026 ...... -11,026 -10,602 ...... -10,602

 Federal Disability Insurance Trust Fund:

 Federal Employer Contributions -251 ...... -251 -1,872 ...... -1,872 -1,800 ...... -1,800

 Other (**) ...... (**) -3 ...... -3 -2 ...... -2

 Total--Employer Share, Employee Retirement -7,614 ...... -7,614 -79,466 ...... -79,466 -71,271 ...... -71,271

 Interest Received by Trust Funds:

 Judicial Branch:

 Judicial Survivors Annuity Fund -4 ...... -4 -16 ...... -16 -14 ...... -14

 Department of Health and Human Services:

 Federal Hospital Insurance Trust Fund -5 ...... -5 -1,234 ...... -1,234 -4,174 ...... -4,174

 Federal Supplementary Medical Insurance Trust Fund -42 ...... -42 -1,006 ...... -1,006 -1,463 ...... -1,463

 Department of Homeland Security:

 Oil Spill Liability Trust Fund (**) ...... (**) -40 ...... -40 -59 ...... -59

 Other -3 ...... -3 -18 ...... -18 -27 ...... -27

 Department of Labor:

 Unemployment Trust Fund -8 ...... -8 -689 ...... -689 -1,122 ...... -1,122

 Department of State:

 Foreign Service Retirement and Disability Fund (**) ...... (**) -240 ...... -240 -268 ...... -268

 Department of Transportation:

 Airport and Airway Trust Fund -1 ...... -1 -110 ...... -110 -226 ...... -226

 Department of Veterans Affairs:

 National Service Life Insurance Fund -1 ...... -1 -34 ...... -34 -46 ...... -46

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

 Corps of Engineers -1 ...... -1 -51 ...... -51 -110 ...... -110

 Other Defense Civil Programs:

 Military Retirement Fund -6,248 ...... -6,248 -14,960 ...... -14,960 -11,559 ...... -11,559

 Educational Benefits Fund -3 ...... -3 -22 ...... -22 -11 ...... -11

 Armed Forces Retirement Home (**) ...... (**) (**) ...... (**) -1 ...... -1

 Environmental Protection Agency (**) ...... (**) -39 ...... -39 -72 ...... -72

 Office of Personnel Management:

 Civil Service Retirement and Disability Fund -19 ...... -19 -11,690 ...... -11,690 -12,744 ...... -12,744

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust Fund -36 ...... -36 -35,660 ...... -35,660 -38,205 ...... -38,205

 Federal Disability Insurance Trust Fund -8 ...... -8 -1,361 ...... -1,361 -1,423 ...... -1,423

 Independent Agencies:

 Railroad Retirement Board 1 ...... 1 -25 ...... -25 -91 ...... -91

 Other -1 ...... -1 -8 ...... -8 -28 ...... -28

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 2021 and Other Periods - Continued

[$ millions]

Undistributed Offsetting Receipts: - Continued

 Other -8 ...... -8 -122 ...... -122 -409 ...... -409

 Total--Interest Received by Trust Funds -6,387 ...... -6,387 -67,325 ...... -67,325 -72,053 ...... -72,053

 Rents and Royalties on the Outer Continental Shelf Lands ...... 74 -74 ...... 2,218 -2,218 ...... 2,774 -2,774

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

 Total--Undistributed Offsetting Receipts -14,000 74 -14,075 -151,267 2,218 -153,485 -143,324 2,774 -146,099

Total Outlays 633,997 38,299 595,698 5,007,251 336,583 4,670,668 4,225,595 326,126 3,899,469

 Total On-Budget 535,553 32,441 503,112 4,264,231 267,536 3,996,695 3,525,038 266,481 3,258,557

 Total Off-Budget 98,444 5,859 92,586 743,020 69,047 673,973 700,557 59,645 640,912

Total Surplus (+) or Deficit (-) -131,953 -2,063,789 -1,880,229

 Total On-Budget -119,158 -2,044,316 -1,876,914

 Total Off-Budget -12,796 -19,473 -3,315

MEMORANDUM

Receipts Offset Against Outlays (In Millions)

Current Comparable

Fiscal Year to Period Prior

Date Fiscal Year

Proprietary Receipts 159,786 149,002

Intrabudgetary Transactions 840,274 625,043

Governmental Receipts 12,567 8,432

 Total Receipts Offset Against Outlays 1,012,626 782,478

1 Includes $11 billion for Economic Impact Payments to individuals and families. checks.

2 Includes $555 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 2021 and Other Periods

[$ millions]

Liability Accounts:

 Borrowing from the Public:

 Treasury Securities, Issued Under General Financing Authorities:

 Debt Held by the Public -35,116 1,001,987 3,003,689 21,018,951 22,056,054 22,020,938

 Intragovernmental Holdings 59,410 251,630 23,169 5,926,439 6,118,659 6,178,069

 Total Treasury Securities Outstanding 24,294 1,253,617 3,026,858 26,945,391 28,174,714 28,199,008

 Plus Premium on Treasury Securities 751 7,337 8,690 45,620 52,206 52,957

 Less Discount on Treasury Securities -421 17,829 3,639 110,053 128,303 127,882

 Total Treasury Securities Net of Premium and Discount 25,466 1,243,125 3,031,909 26,880,958 28,098,616 28,124,082

 Agency Securities, Issued Under Special Financing Authorities (See

 Schedule B; for Other Agency Borrowing, See Schedule C) -72 -468 -1,050 20,151 19,755 19,683

 Total Federal Securities 25,394 1,242,656 3,030,859 26,901,109 28,118,371 28,143,765

 Deduct:

 Federal Securities Held as Investments of Government Accounts

 (See Schedule D) 55,520 245,827 21,506 5,907,764 6,098,072 6,153,591

 Less Discount on Federal Securities Held as Investments of

 Government Accounts -54 412 -1,790 25,727 26,193 26,139

 Net Federal Securities Held as Investments of Government

 Accounts 55,573 245,415 23,297 5,882,037 6,071,879 6,127,452

 Total Borrowing from the Public -30,179 997,241 3,007,563 21,019,071 22,046,492 22,016,313

 Accrued Interest Payable to the Public -15,197 -4,632 -2,361 70,656 81,220 66,023

 Allocations of Special Drawing Rights 307 1,310 308 49,709 50,713 51,020

Uninvested Balances, Deposit Funds -2,414 79,933 7,478 32,151 114,498 112,083

 Miscellaneous Liability Accounts (Includes Checks Outstanding Etc.) -956 13,111 25,483 25,940 40,007 39,051

 Total Liability Accounts -48,439 1,086,963 3,038,471 21,197,527 22,332,929 22,284,490

Asset Accounts (Deduct)

 Cash and Monetary Assets:

 U.S. Treasury Operating Cash:

 Federal Reserve Account 1 -194,017 -1,004,979 1,066,646 1,781,679 970,716 776,700

 Balance -194,017 -1,004,979 1,066,646 1,781,679 970,716 776,700

 Special Drawing Rights:

 Total Holdings 324 1,383 445 51,733 52,792 53,116

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

 Balance 324 1,383 445 46,533 47,592 47,916

 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 720 3,078 723 5,191 7,550 8,270

 Letter of Credit Issued to IMF -94 902 4,187 -82,546 -81,550 -81,644

 Dollar Deposits with the IMF 13 -2 -7 -365 -380 -367

 Receivable/Payable (-) for Interim Maintenance of Value

 Adjustments -522 -2,240 -550 -2,698 -4,416 -4,938

 Balance 117 1,738 4,352 31,211 32,832 32,949

 Loans to International Monetary Fund -15 -635 -698 1,770 1,151 1,135

 Other Cash and Monetary Assets -87 -147 -489 26,236 26,176 26,088

 Total Cash and Monetary Assets -193,678 -1,002,640 1,070,256 1,887,429 1,078,467 884,789

 Non-Federal Securities of the National Railroad Retirement

 Investment Trust 830 2,816 -1,909 24,358 26,344 27,174

 Net Activity, Guaranteed Loan Financing (See Schedule E) 7,685 38,859 -5,658 -466,713 -435,539 -427,853

 Net Activity, Direct Loan Financing (See Schedule E) 4,822 -16,134 95,062 1,613,268 1,592,312 1,597,135

 Miscellaneous Asset Accounts 146 1,065 586 -677 242 387

 Total Asset Accounts -180,195 -976,033 1,158,337 3,057,664 2,261,826 2,081,631

Excess of Liabilities (+) or Assets (-) 131,756 2,062,996 1,880,134 18,139,863 20,071,103 20,202,859

Transactions Not Applied to Current Year's Surplus or Deficit (See

 Schedule A for Details) 197 792 95 ...... 594 792

Total Budget and Off-Budget Federal Entities (Financing of Deficit (+)

 or Disposition of Surplus (-)) 131,953 2,063,789 1,880,229 18,139,863 20,071,697 20,203,651

1 Major sources of information used to determine Treasury's operating cash balance reflected as received and withdrawals are reflected as processed.

include Federal Reserve Banks, Treasury Regional Finance Centers, Internal Note: Details may not add to totals due to rounding.

Revenue Service Centers, various electronic systems, and information on the ... No Transactions

Public Debt. Information is presented on a modified cash basis. Deposits are

25
Classification This Month

Fiscal Year to Date

This Year Prior Year

Table 6. Schedule A-Analysis of Change in Excess of Liabilities of the U.S. Government, May 2021 and Other Periods

[$ millions]

Excess of Liabilities Beginning of Period:

 Based on Composition of Unified Budget in Preceding Period 20,071,103 18,139,863 14,950,418

 Adjustments During Current Fiscal Year for Changes in Composition of

 Unified Budget:

 Revisions by Federal Agencies to the Prior Budget Results ...... ...... 58,380

 Excess of Liabilities Beginning of Period (Current Basis) 20,071,103 18,139,863 15,008,798

 Budget Surplus (-) or Deficit:

 Based on Composition of Unified Budget in Prior Fiscal Year 131,953 2,063,789 1,880,229

 Total Surplus (-) or Deficit (Table 2) 131,953 2,063,789 1,880,229

 Total-On-Budget (Table 2) 119,158 2,044,316 1,876,914

 Total-Off-Budget (Table 2) 12,796 19,473 3,315

 Transactions Not Applied to Current Year's Surplus or Deficit:

 Premium/Discount on Buyback of U.S. Treasury Securities ...... (**) (**)

 Other -197 -792 -95

 Total-Transactions Not Applied to Current Year's Surplus or Deficit -197 -792 -95

 Excess of Liabilities Close of Period 20,202,859 20,202,859 16,888,932

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 2021 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 (**) -5 -5 58 52 52

 Independent Agencies:

 Federal Communications Commission ...... ...... ...... (**) (**) (**)

 National Archives and Records Administration ...... ...... ...... (**) (**) (**)

 Tennessee Valley Authority -72 -463 -1,045 20,075 19,684 19,612

 Total Agency Securities -72 -468 -1,050 20,151 19,755 19,683

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 2021 and Other Periods

[$ millions]

Borrowing from the US Treasury:

 Department of Agriculture:

 Farm Service Agency:

 Commodity Credit Corporation -524 -16,602 1,726 27,609 11,531 11,007

 Agricultural Credit Insurance Fund 285 560 555 14,721 14,997 15,282

 Farm Storage Facility Loans 53 106 73 1,242 1,295 1,348

 Apple Loans Fund ...... ...... ...... (**) (**) (**)

 Emergency Boll Weevil Loan Fund ...... -3 -1 3 (**) (**)

 Rural Housing Service:

 Rural Housing Insurance 85 -1,612 -477 18,838 17,141 17,226

 Rural Community Facility Loans Fund 65 274 157 11,096 11,305 11,370

 Multifamily Housing Revitalization Loan Account 2 -53 23 549 494 497

 Rural Business - Cooperative Service:

 Rural Business and Industry Loans ...... -19 -59 63 44 44

 Rural Development Loan Fund 1 -20 -15 300 279 280

 Rural Economic Development Loan Fund 3 -8 -23 218 208 210

 Renewable Energy Guaranteed Loan Account ...... ...... -1 1 1 1

 Rural Microenterprise Investment Loans (**) -3 -1 44 41 42

 Biorefinery Assistance Loan Account ...... (**) -2 5 5 5

 Rural Utilities Service:

 Rural Water and Waste Disposal Fund 64 -285 70 14,002 13,653 13,717

 Rural Electrification and Telecommunications Fund 45 -676 -382 6,679 5,959 6,003

 Rural Telephone Bank ...... -16 -29 89 72 72

 Distance Learning and Telemedicine Program 1 -138 -189 626 487 488

 Foreign Agricultural Service ...... ...... ...... 363 363 363

 Department of Commerce:

 National Oceanic and Atmospheric Administration:

 Fisheries Finance 9 78 22 388 458 466

 Department of Defense--Military Programs:

 Family Housing Improvement Loans ...... 24 ...... 1,663 1,686 1,686

 Department of Education:

 College Housing and Academic Facilities Loans ...... (**) (**) 14 13 13

 Historically Black College and University Capital Financing

 Fund ...... (**) ...... 50 50 50

 Federal Direct Student Loans ...... 77,214 82,681 1,175,642 1,252,856 1,252,856

 Teach Grant Loans (**) 27 80 711 737 737

 Temporary Student Loan Purchase Authority ...... -344 -250 33,252 32,908 32,908

 Federal Family Education Loans ...... ...... 6,682 40,202 40,202 40,202

 Department of Energy:

 Bonneville Power Administration Fund 118 -21 540 5,649 5,510 5,628

 Western Area Power Administration - Recovery Act ...... ...... ...... 76 76 76

 Advanced Technology Vehicles Manufacturing Loans ...... 182 ...... 180 362 362

 Title 17 Innovative Technology Loans ...... 106 -2 727 833 833

 Department of Health and Human Services:

 Consumer Operated and Oriented Plan ...... ...... ...... 149 149 149

 Consumer Operated and Oriented Plan Program Contingency Fund ...... ...... ...... 58 58 58

 Department of Homeland Security:

 National Flood Insurance Fund ...... ...... ...... 20,525 20,525 20,525

 Disaster Assistance Loan Fund (**) 28 2 71 98 99

 Department of Housing and Urban Development:

 Public and Indian Housing Programs:

 Low-Rent Public Housing - Loans and Other Expenses ...... ...... ...... 19 19 19

 Native Hawaiian Housing Loans ...... (**) 1111

 Housing Programs:

 Federal Housing Administration ...... ...... 14,336 51,817 51,817 51,817

 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 ...... ...... ...... 2 2 2

 Bureau of Reclamation Loan Fund ...... ...... ...... 28 28 28

 Assistance to American Samoa Loan Fund ...... (**) (**) 8 8 8

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 2021 and Other Periods - Continued

[$ millions]

Borrowing from the US Treasury: - Continued

 Department of Labor:

 Black Lung Disability Trust Fund ...... -110 110 4,752 4,642 4,642

 Department of State:

 Repatriation Loans ...... 23577

 Department of Transportation:

 Federal Highway Administration:

 Transportation Infrastructure Finance and Innovation Fund 345 787 984 15,155 15,598 15,942

 Federal Railroad Administration:

 Railroad Rehabilitation and Improvement Loan Fund ...... (**) 270 1,403 1,403 1,403

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

 Minority Business Resource Center Fund ...... ...... ...... (**) (**) (**)

 Maritime Administration:

 Maritime Guaranteed Loan (Title XI) Fund ...... ...... ...... 125 125 125

 Maritime Guaranteed Loan (Title XI) FFB Financing Account ...... ...... 1 ...... ...... ......

 Department of the Treasury:

 Departmental Offices:

 Community Development Financial Institutions Fund (**) 3 8 102 105 105

 Temporary Credit and Liquidity Program ...... ...... ...... 2,357 2,357 2,357

 Troubled Asset Relief Program -5 -5 -2 22 22 17

 Small Business Lending Financing Fund ...... ...... -104 47 47 47

 ESF - Economic Stabilization Program -580 -62,838 81,442 87,102 24,845 24,265

 Federal Financing Bank Revolving Fund 782 -1,906 7,679 71,373 68,686 69,467

 Department of Veterans Affairs:

 Veterans Housing Benefit Program Fund ...... 548 50 503 1,051 1,051

 Native American Veteran Housing Fund ...... 6 4 80 87 87

 Vocational Rehabilitation Loan Fund ...... 22133

 Corps of Engineers:

 Washington Aqueduct ...... (**) (**) (**) ...... ......

 Environmental Protection Agency:

 Water Infrastructure Finance and Innovation Loan Program 152 325 165 222 395 547

 International Assistance Programs:

 International Security Assistance:

 Foreign Military Loan Program ...... ...... ...... 1,756 1,756 1,756

 Agency for International Development:

 Development Credit Authority Loan Fund ...... ...... -8 ...... ...... ......

 Overseas Private Investment Corporation ...... ...... -3,829 ...... ...... ......

 United States International Development Finance Corporation 71 2,428 4,399 4,678 7,035 7,106

 Small Business Administration:

 Business Loan Fund ...... 26 156 2,528 2,554 2,554

 Disaster Loan Fund ...... 16,782 56,118 173,646 190,428 190,428

 Independent Agencies:

 Export-Import Bank of the United States (**) 2 ...... 15,388 15,390 15,390

 Postal Service 368 9,017 ...... ...... 8,649 9,017

 Presidio Trust ...... ...... ...... 45 45 45

 Railroad Retirement Board:

 Social Security Equivalent Benefit Account 377 3,392 2,936 4,384 7,399 7,776

 Smithsonian Institution:

 John F. Kennedy Center Parking Facilities ...... ...... ...... 20 20 20

 Other:

 Borrowing from the US Treasury - Other ...... (**) (**) (**) (**) (**)

 Total Borrowing from the US Treasury 1,717 27,263 255,901 1,813,390 1,838,936 1,840,653

Borrowing from the Federal Financing Bank:

 Department of Agriculture:

 Rural Utilities Service:

 Rural Electrification and Telecommunications Fund 747 1,895 2,397 46,652 47,800 48,547

 Department of Education:

 Historically Black College and University Capital Financing

 Fund 39 -1,444 23 1,502 18 58

 Department of Energy:

 Advanced Technology Vehicles Manufacturing Loans ...... -295 -295 1,027 732 732

 Title 17 Innovative Technology Loans -30 256 763 14,421 14,707 14,677

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 2021 and Other Periods - Continued

[$ millions]

Borrowing from the Federal Financing Bank: - Continued

 Department of Health and Human Services:

 Health Maintenance Organization Loan and Loan Guarantee Fund ...... ...... ...... (**) (**) (**)

 Department of Housing and Urban Development:

 Housing Programs:

 Federal Housing Administration 19 185 305 2,364 2,531 2,549

 Department of Transportation:

 Maritime Administration:

 Maritime Guaranteed Loan (Title XI) FFB Financing Account ...... -11 186 326 315 315

 Department of the Treasury:

 Departmental Offices:

 Community Development Financial Institutions Fund 7 39 56 1,155 1,187 1,194

 Department of Veterans Affairs:

 Guaranteed Transitional Housing Loans for Homeless Veterans ...... (**) (**) 4 4 4

 Independent Agencies:

 Postal Service ...... -3,000 3,400 14,000 11,000 11,000

 Total Borrowing from the Federal Financing Bank 782 -2,375 6,835 81,451 78,294 79,076

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 2021 and Other Periods

[$ millions]

Federal Funds:

 Department of Agriculture -12 (**) 12 238 250 238

 Department of Commerce ...... 2 2 ...... 2 2

 Department of Defense--Military Programs:

 Defense Cooperation Account (**) (**) (**) 8 8 8

 Department of Energy -555 -249 287 56,008 56,314 55,759

 Department of Health and Human Services ...... 15,979 11,006 ...... 15,979 15,979

 Department of Homeland Security ...... -132 278 1,645 1,513 1,513

 Department of Housing and Urban Development:

 Housing Programs:

 Federal Housing Administration Fund 3,005 10,156 3,868 67,937 75,088 78,093

 Government National Mortgage Association:

 Guarantees of Mortgage-Backed Securities (**) 2,325 -7,762 8,525 10,849 10,849

 Department of the Interior 189 2,484 397 10,350 12,646 12,835

 Department of Justice (**) (**) 148 168 168 168

 Department of Labor 36 2,735 4,336 45,575 48,274 48,310

 Department of State:

 Foreign Service Retirement and Disability Fund 1 8 7 33 39 41

 Other ...... (**) (**) 12 12 12

 Department of Transportation -545 -537 -80 2,353 2,361 1,815

 Department of the Treasury 451 2,316 -11,444 12,472 14,337 14,787

 Department of Veterans Affairs:

 Veterans Reopened Insurance Fund -2 -12 -13 66 56 54

 Servicemen'S Group Life Insurance Fund 186 957 603 1,262 2,033 2,219

 Other Defense Civil Programs:

 Uniformed Services Retiree Health Care Fund 971 15,732 15,403 268,894 283,656 284,626

 International Assistance Programs 15 126 408 6,165 6,276 6,291

 Office of Personnel Management:

 Postal Service Contributions -335 -2,144 -1,970 41,868 40,059 39,724

 Independent Agencies:

 Federal Deposit Insurance Corporation:

 Deposit Insurance Fund 343 3,684 1,667 108,949 112,291 112,633

 FSLIC Resolution Fund (**) (**) 9 881 882 882

 Federal Housing Finance Agency -20 111 104 98 229 209

 National Credit Union Administration 141 2,005 1,811 17,791 19,655 19,796

 Postal Service 489 7,503 3,873 14,991 22,004 22,494

 Tennessee Valley Authority ...... ...... -25 ...... ...... ......

 Other

 Treasury Securities -1 -264 -469 11,325 11,062 11,061

 Other 1,216 -418 1,420 3,913 2,280 3,495

 Total Treasury Securities 5,572 62,369 23,875 681,526 738,323 743,895

 Total Federal Funds 5,572 62,369 23,875 681,526 738,323 743,895

Trust Funds:

 Legislative Branch:

 Library of Congress (**) 10 2 25 35 35

 United States Tax Court (**) (**) (**) 13 13 13

 Other (**) 4 3 31 35 35

 Judicial Branch:

 Judicial Retirement Funds 4 202 182 1,443 1,640 1,644

 Department of Agriculture ...... ...... ...... 6 6 6

 Department of Commerce ...... 4,491 78 7,666 12,157 12,157

 Department of Defense--Military Programs:

 Voluntary Separation Incentive Fund 8 6 9 75 73 81

 Other -20 -158 34 1,795 1,658 1,637

 Department of Health and Human Services:

 Federal Supplementary Medical Insurance Trust Fund 26,887 93,119 -11,973 87,477 153,709 180,596

 Other 17,549 2,458 -69,934 137,733 122,642 140,191

 Department of Homeland Security 59 401 169 9,400 9,742 9,801

 Department of the Interior 57 57 95 104 104 161

 Department of Labor:

 Unemployment Trust Fund 13,868 5,513 20,184 50,515 42,160 56,028

 Other -7 4 -12 47 58 51

 Department of State:

30
Securities Held as Investments Net Purchases or Sales (-) Current Fiscal Year

Fiscal Year to Date Beginning of Close of

Classification

This Month

This Year Prior Year This Year This Month This Month

Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities, May 2021 and Other Periods - Continued

[$ millions]

Trust Funds: - Continued

 Foreign Service Retirement and Disability Fund -52 -5 292 19,981 20,028 19,976

 Other 5 5 -1 46 47 51

 Department of Transportation:

 Airport and Airway Trust Fund 263 9,383 -2,867 7,900 17,020 17,283

 Highway Trust Fund 84 6,442 -9,369 12,081 18,439 18,523

 Department of the Treasury -75 111 77 3,727 3,913 3,838

 Department of Veterans Affairs:

 General Post Fund, National Homes -11 -12 (**) 112 111 100

 National Service Life Insurance -35 -331 -360 1,946 1,650 1,615

 United States Government Life Insurance Fund (**) (**) (**) 2 2 2

 Veterans Special Life Insurance Fund -14 -114 -99 1,222 1,122 1,108

 Corps of Engineers 21 223 286 9,288 9,490 9,511

 Other Defense Civil Programs:

 Military Retirement Fund 8,374 97,699 94,224 916,264 1,005,590 1,013,964

 Other -9 -55 -52 1,143 1,098 1,088

 Environmental Protection Agency -87 537 354 5,828 6,452 6,365

 National Aeronautics and Space Administration ...... 1 -1 15 16 16

 Office of Personnel Management:

 Civil Service Retirement and Disability Fund

 Treasury Securities -3,937 -18,282 -19,773 962,083 947,738 943,801

 Employees Life Insurance Fund -30 564 352 49,129 49,722 49,692

 Employees and Retired Employees Health Benefits Fund -31 680 303 28,331 29,042 29,011

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust Fund -12,767 -23,294 -2,393 2,811,213 2,800,686 2,787,919

 Federal Disability Insurance Trust Fund -110 2,542 -1,312 97,209 99,862 99,752

 Independent Agencies:

 Harry S Truman Scholarship Foundation -5 -9 -10 34 30 25

 Japan-United States Friendship Commission -2 1 ...... 33 36 34

 Railroad Retirement Board

 Treasury Securities -290 509 -721 1,736 2,535 2,245

 Agency Securities ...... ...... ...... 1 1 1

 Other

 Treasury Securities 252 756 -138 585 1,089 1,341

 Total Treasury Securities 49,948 183,458 -2,369 5,226,238 5,359,748 5,409,695

 Total Agency Securities ...... ...... ...... 1 1 1

 Total Trust Funds 49,948 183,458 -2,369 5,226,239 5,359,749 5,409,696

Grand Total 55,520 245,827 21,506 5,907,764 6,098,072 6,153,591

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 2021 and Other Periods

[$ millions]

Guaranteed Loan Financing Activity:

 Department of Agriculture:

 Farm Service Agency:

 Commodity Credit Corporation Export Fund (**) -6 -23 161 155 155

 Agricultural Credit Insurance Fund -4 -6 -7 -208 -211 -214

 Natural Resources Conservation Service:

 Agricultural Resource Conservation Demonstration Program ...... ...... ...... (**) (**) (**)

 Rural Housing Service:

 Rural Community Facility Loans (**) 3 1 -31 -28 -28

 Rural Housing Insurance Fund -18 -190 2 -135 -307 -326

 Rural Business - Cooperative Service:

 Rural Business and Industry Loans -8 -72 -8 -105 -169 -177

 Renewable Energy Guaranteed Loan Account -1 -8 -3 -35 -42 -42

 Biorefinery Assistance Loan Account ...... -37 -1 -38 -75 -75

 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 ...... ...... ...... -52 -52 -52

 Department of Education:

 Office of Student Financial Assistance:

 Federal Family Education Loans -187 -2,269 -1,241 21,245 19,163 18,976

 Department of Energy:

 Title 17 Innovative Technology Loans ...... 67 -51 -184 -117 -117

 Department of Health and Human Services:

 Health Resources and Services Administration:

 Health Center Loans ...... (**) (**) -1 -1 -1

 Health Education Assitance Loans ...... ...... ...... -70 -70 -70

 Department of Housing and Urban Development:

 Public and Indian Housing Programs:

 Indian Housing Loans -2 -9 26 -123 -130 -132

 Native Hawaiian Housing Loans (**) (**) -2 -3 -3 -3

 Community Planning and Development:

 Community Development Loans (**) (**) 9 -5 -6 -6

 Housing Programs:

 FHA-Mutual Mortgage Insurance Loans 85 4,915 1,108 32,402 37,233 37,318

 FHA-General and Special Risk Fund 60 993 1,135 2,328 3,261 3,321

 Home Ownership Preservation Entity Fund (**) (**) (**) 1 (**) (**)

 Government National Mortgage Association:

 Guarantees of Mortgage-Backed Securities -147 -1,180 -1,621 6,350 5,317 5,170

 Department of the Interior:

 Bureau of Indian Affairs and Bureau of Indian Education (**) -10 -4 -85 -95 -95

 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 (**) (**) -11 11 11 11

 Department of the Treasury:

 Departmental Offices:

 Air Transportation Stabilization Fund ...... ...... ...... (**) (**) (**)

 Troubled Assets Insurance Financing Fund ...... ...... ...... (**) (**) (**)

 Troubled Asset Relief Program 1 1 1 -1 -1 -1

 Department of Veterans Affairs:

 Veterans Benefits Administration:

 Veterans Housing Benefit Program Fund -260 -869 1,946 -8,103 -8,712 -8,972

 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 2021 and Other Periods - Continued

[$ millions]

Guaranteed Loan Financing Activity: - Continued

 Ukraine Export Credit Insurance Fund ...... ...... ...... -910 -910 -910

 Loan Guarantees to Israel ...... ...... ...... -1,083 -1,083 -1,083

 Urban and Environmental Credit Guaranteed Loans ...... ...... 2 -38 -38 -38

 Microenterprise and Small Enterprise Development ...... ...... ...... (**) (**) (**)

 Development Credit Authority Loan Fund ...... ...... 2 -99 -99 -99

 Tunisia Loan Fund ...... ...... ...... -1,175 -1,175 -1,175

 Overseas Private Investment Corporation ...... ...... 23 278 278 278

 United States International Development Finance Corporation -7 93 13 -5 95 88

 Microenterprise and Small Enterprise Development ...... ...... ...... (**) (**) (**)

 Urban and Environmental Credit 1 2 1 4 67

 Small Business Administration:

 Business Loan Fund 8,159 36,617 -7,051 -516,704 -488,246 -480,087

 Independent Agencies:

 Export-Import Bank of the United States -23 474 96 -277 220 197

 Net Activity, Guaranteed Loan Financing 7,649 38,510 -5,658 -466,713 -435,852 -428,203

Direct Loan Financing Activity:

 Department of Agriculture:

 Farm Service Agency:

 Agricultural Credit Insurance Fund 151 362 565 13,003 13,214 13,365

 Farm Storage Facility Loans 4 94 22 866 956 960

 Apple Loans Fund ...... ...... ...... (**) (**) (**)

 Emergency Boll Weevil Loan Fund ...... -2 -2 2 (**) (**)

 Rural Housing Service:

 Rural Community Facility Loans Fund -34 368 279 10,145 10,548 10,513

 Rural Housing Insurance Fund -74 -610 -362 15,588 15,052 14,978

 Multifamily Housing Revitalization Loan Account 2 8 29 478 484 486

 Rural Business - Cooperative Service:

 Rural Business and Industry Loan Fund (**) -1 (**) (**) -1 -1

 Rural Development Loan Fund -1 -19 -12 274 256 255

 Rural Economic Development Loan Fund -1 3 -12 184 187 186

 Rural Microenterprise Investment Loans (**) -1 (**) 40 39 39

 Rural Utilities Service:

 Rural Water and Waste Disposal Loans -112 -417 -214 12,163 11,858 11,747

 Rural Electrification and Telecommunications Fund 760 1,818 2,236 49,609 50,667 51,426

 Rural Telephone Bank (**) -12 -12 74 62 62

 Distance Learning and Telemedicine Program -3 -48 -49 459 414 411

 Rural Development Insurance Fund ...... ...... ...... 1,065 1,065 1,065

 Foreign Agricultural Service:

P.L. 480 Direct Loan Fund -1 -49 -82 335 287 287

International Debt Reduction -5 -6 -4 -72 -73 -78

 Department of Commerce:

 National Oceanic and Atmospheric Administration:

 Fisheries Finance -3 -25 -10 387 365 362

 Department of Defense--Military Programs -7 -33 -115 1,659 1,633 1,626

 Department of Education:

 Office of Postsecondary Education:

 College Housing and Academic Facilities Loans ...... (**) (**) 3 3 3

 Historically Black College and University Capital Financing

 Fund 36 -1,424 23 1,330 -129 -94

 Office of Student Financial Assistance:

 Federal Direct Student Loans 2,853 40,067 18,988 1,147,309 1,184,524 1,187,376

 Teach Grant Loans -12 -9 20 670 672 661

 Temporary Student Loan Purchase Authority -145 -1,370 -3,399 48,326 47,101 46,956

 Department of Energy:

 Advanced Technology Vehicles Manufacturing Loans ...... -93 -298 1,174 1,081 1,081

 Title 17 Innovative Technology Loans -30 377 767 14,293 14,701 14,671

 Department of Health and Human Services:

 Consumer Operated and Oriented Plan ...... -15 -9 118 103 103

 Consumer Operated and Oriented Plan Program Contingency Fund ...... -1 (**) 56 55 55

 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 2021 and Other Periods - Continued

[$ millions]

Direct Loan Financing Activity: - Continued

 Disaster Assistance Loan Fund (**) 21 -7 34 56 55

 Department of Housing and Urban Development:

 Housing Programs:

 Emergency Homeowners' Relief Fund (**) -1 (**) -1 -2 -2

 FHA-Mutual Mortgage Insurance Loans ...... ...... ...... (**) (**) (**)

 FHA-General and Special Risk Fund 20 210 333 2,402 2,592 2,612

 Green Retrofit Program for Multifamily Housing Fund -1 -2 -4 7 5 4

 Department of the Interior:

 Bureau of Reclamation -1 -1 -3 29 29 28

 Bureau of Indian Affairs and Bureau of Indian Education (**) (**) (**) 2 1 1

 Assistance to American Samoa Loan Fund ...... -1 -1 8 7 7

 Department of State:

 Administration of Foreign Affairs:

 Repatriation Loans (**) -4 -1 2 -2 -2

 Department of Transportation:

 Federal Highway Administration:

 Transportation Infrastructure Finance and Innovation Fund 18 -1,414 -3,906 14,984 13,552 13,570

 Tiger Tifia Loan Fund ...... -1 -1 62 61 61

 Federal Railroad Administration:

 Railroad Rehabilitation and Improvement Loan Fund -638 -697 204 1,310 1,251 613

 Maritime Administration:

 Maritime Guaranteed Loan (Title XI) FFB Financing Account ...... -11 178 317 306 306

 Department of the Treasury:

 Departmental Offices:

 Community Development Financial Institutions Fund 7 41 62 1,255 1,289 1,296

 GSE Mortgage-Backed Securities Purchase Program ...... ...... ...... 4,613 4,613 4,613

 Temporary Credit and Liquidity Program -61 -934 -1,030 2,200 1,328 1,266

 Troubled Asset Relief Program -2 -6 64 19 15 13

 Small Business Lending Program ...... -9 -8 45 36 36

 ESF - Economic Stabilization Program -64 -63,000 52,770 87,102 24,166 24,102

 Bureau of the Fiscal Service ...... ...... ...... (**) (**) (**)

 Department of Veterans Affairs:

 Veterans Benefits Administration:

 Veterans Housing Benefit Program Fund -9 -48 20 406 367 359

 Native American Veteran Housing Fund -1 -7 -2 69 63 62

 Transitional Housing Loans (**) (**) (**) (**) (**) (**)

 Vocational Rehabilitation Loan Fund (**) (**) (**) (**) (**) (**)

 Environmental Protection Agency:

 Water Infrastructure Finance and Innovation Loan Program 152 314 164 222 384 535

 International Assistance Programs:

 International Security Assistance:

 Foreign Military Loan Program ...... -405 -405 1,724 1,319 1,319

 Military Debt Reduction ...... ...... ...... (**) (**) (**)

 Agency for International Development:

 International Debt Reduction ...... ...... -26 -172 -172 -172

 Overseas Private Investment Corporation ...... ...... 42 2,902 2,902 2,902

 International Monetary Programs ...... ...... ...... -278 -278 -278

 United States International Development Finance Corporation 5 1,727 -36 652 2,374 2,379

 International Debt Reduction ...... ...... ...... -9 -9 -9

 Small Business Administration:

 Business Loan Fund 6 -17 -8 202 179 185

 Disaster Loan Fund 1,645 9,160 30,429 162,429 169,944 171,589

 Independent Agencies:

 Export-Import Bank of the United States 35 -1,349 -2,117 11,197 9,812 9,847

 Federal Communications Commission:

 Spectrum Auction Loan Fund ...... (**) ...... (**) (**) (**)

 Net Activity, Direct Loan Financing 4,485 -17,472 95,062 1,613,268 1,591,311 1,595,796

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 principle, 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 2021

[$ millions]

Receipts:

 Individual Income Taxes 108,748 93,775 144,481 231,569 125,827 120,314 194,650 306,460 1,325,823 892,477

 Corporation Income Taxes 9,152 -3,192 62,920 16,463 3,780 15,255 72,769 13,808 190,955 86,399

 Social Insurance and Retirement Receipts:

 Employment and General Retirement 93,455 101,445 111,189 115,570 95,323 105,153 133,398 102,720 858,252 834,243

 Unemployment Insurance 1,891 3,810 3,666 2,172 3,681 1,139 10,030 12,469 38,858 31,979

 Other Retirement 522 466 477 429 434 431 546 439 3,744 3,458

 Excise Taxes 4,747 5,602 5,333 3,479 4,904 6,434 5,889 6,897 43,285 43,028

 Estate and Gift Taxes 2,149 1,839 2,212 1,680 1,152 2,448 4,576 3,036 19,091 10,538

 Customs Duties 6,156 5,965 6,047 5,871 6,323 6,275 7,128 6,433 50,199 47,112

 Miscellaneous Receipts 10,878 9,843 9,794 7,419 6,891 10,165 10,200 11,483 76,672 70,007

 Total--Receipts This 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 ......

 Total--Receipts Prior Year 245,521 225,185 335,805 372,288 187,951 236,766 241,863 173,861 ...... 2,019,240

 (On-Budget) 181,095 155,648 259,671 281,546 112,136 153,068 142,052 96,428 ...... 1,381,643

 (Off-Budget) 64,426 69,537 76,135 90,742 75,815 83,698 99,811 77,433 ...... 637,597

Outlays:

 Legislative Branch 505 468 416 449 391 442 394 402 3,466 3,521

 Judicial Branch 810 684 656 639 648 703 819 591 5,551 5,632

 Department of Agriculture:

 Commodity Credit Corporation 7,742 2,379 2,228 344 -301 -401 -379 -471 11,140 18,566

 Foreign Agricultural Service 121 349 128 25 311 168 135 266 1,504 1,496

 Other 23,995 16,512 18,616 14,316 14,250 16,566 22,477 17,100 143,831 91,404

 Department of Commerce 1,282 1,400 2,495 985 940 995 745 748 9,589 10,498

 Department of Defense--Military Programs:

 Military Personnel 34,709 8,378 16,869 9,044 12,524 12,508 18,355 7,840 120,227 110,376

 Operation and Maintenance 22,969 22,978 24,228 20,963 22,607 26,008 25,117 22,670 187,540 183,023

 International Reconstruction and Other

 Assistance (**) ...... ...... 1 ...... ...... ...... (**) 1 (**)

 Procurement 9,329 10,322 13,028 13,229 9,534 13,174 14,563 11,151 94,331 94,400

 Research, Development, Test, and Evaluation 7,952 8,251 10,443 7,559 5,964 13,654 7,867 7,945 69,634 64,837

 Military Construction 1,020 753 847 560 679 826 764 713 6,161 5,585

 Family Housing 86 96 120 99 95 142 114 110 861 782

 Revolving and Management Funds 204 1,038 1,488 -203 -425 343 281 -583 2,143 3,936

 Other 261 -286 -23 -387 -116 -15 118 -406 -854 -1,027

 Total Department of Defense--Military Programs 76,530 51,529 67,000 50,864 50,862 66,640 67,179 49,439 480,043 461,912

 Department of Education 7,709 7,076 6,696 9,566 9,101 11,947 10,297 8,995 71,386 57,819

 Department of Energy 3,235 2,457 3,255 2,540 2,512 3,223 3,347 2,267 22,836 21,379

 Department of Health and Human Services:

 National Institutes of Health 3,015 3,371 3,211 3,001 3,140 3,302 3,495 3,089 25,623 24,254

 Centers for Medicare and Medicaid Services:

 Grants to States for Medicaid 41,626 37,583 44,283 41,274 39,758 45,434 45,768 43,613 339,338 292,776

 Federal Hospital Insurance Trust Fund 38,636 16,163 30,308 30,581 29,678 30,771 38,779 14,212 229,128 283,326

 Federal Supplementary Medical Insurance

 Trust Fund 68,707 17,538 39,510 38,290 40,364 40,573 65,811 17,564 328,358 338,191

 Other 42,745 31,596 38,814 31,342 55,707 36,057 37,447 42,292 316,001 262,127

 Administration for Children and Families 5,045 4,708 5,474 4,246 4,690 5,899 6,437 5,746 42,247 39,753

 Other -41,865 -35,111 -38,719 -29,102 -58,017 -35,778 -40,019 -44,388 -323,000 -242,447

 Department of Homeland Security 13,079 7,684 6,879 5,945 5,830 7,050 8,246 6,284 60,996 40,543

 Department of Housing and Urban Development 3,876 3,965 3,817 3,373 4,336 2,900 2,051 3,853 28,172 32,452

 Department of the Interior 1,208 906 1,654 1,182 1,024 1,376 955 1,131 9,436 10,506

 Department of Justice 2,597 3,290 3,152 3,660 3,061 2,636 3,561 3,477 25,434 24,968

 Department of Labor:

 Unemployment Trust Fund 23,688 22,657 25,095 19,202 22,077 24,333 18,116 17,073 172,239 69,572

 Other -836 4,172 4,856 17,112 22,914 27,595 20,940 19,361 116,115 92,840

 Department of State 3,493 2,422 2,727 2,082 1,326 4,019 2,444 2,270 20,783 20,262

 Department of Transportation:

 Highway Trust Fund 4,135 3,597 3,734 2,345 2,964 2,951 2,742 3,104 25,571 27,109

 Other 3,809 4,177 6,162 3,695 6,015 3,991 6,690 4,236 38,775 29,428

 Department of the Treasury:

 Interest on Treasury Debt Securities (Gross) 20,076 32,744 79,625 27,266 32,282 36,639 45,537 45,714 319,883 336,959

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 2021 - Continued

[$ millions]

Outlays: - Continued

 Other 16,213 10,663 8,220 175,802 47,650 372,930 90,121 169,984 891,582 578,237

 Department of Veterans Affairs:

 Compensation and Pensions 17,831 622 17,968 1,087 9,393 9,594 18,495 579 75,568 72,439

 National Service Life 42 36 48 52 48 57 47 38 367 411

 Other 12,051 8,190 10,033 8,318 9,254 10,442 12,713 8,776 79,777 70,095

 Corps of Engineers 847 617 1,089 589 610 605 632 654 5,643 5,782

 Other Defense Civil Programs 11,663 487 10,623 1,577 4,688 5,186 8,244 -530 41,938 43,456

 Environmental Protection Agency 813 687 686 596 601 632 803 669 5,486 6,051

 Executive Office of the President 44 33 33 33 35 30 45 33 288 271

 General Services Administration 56 -234 334 -411 -286 84 -62 -167 -686 -8

 International Assistance Programs:

 International Security Assistance 312 1,484 515 328 3,241 471 367 543 7,262 9,245

 Multilateral Assistance 25 8 310 2 223 1,130 4 8 1,710 2,044

 Agency for International Development 471 1,236 756 487 1,455 949 635 1,054 7,044 6,327

 Other 227 97 -368 -1,930 999 -57 321 -722 -1,433 -1,538

 National Aeronautics and Space Administration 1,993 1,818 2,403 1,355 1,606 2,178 1,818 1,622 14,792 14,012

 National Science Foundation 600 565 517 497 559 571 564 543 4,417 4,537

 Office of Personnel Management 8,888 8,743 8,868 9,271 8,119 9,362 9,074 9,126 71,451 70,754

 Small Business Administration 2,476 670 595 2,426 90,968 86,532 56,920 53,161 293,748 25,608

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust

 Fund (Off-Budget) 80,821 80,563 99,288 63,344 82,093 82,361 82,525 82,573 653,567 624,218

 Federal Disability Insurance Trust Fund

 (Off-Budget) 12,131 11,815 17,993 5,964 11,958 11,973 12,138 12,006 95,978 98,555

 Other 9,403 341 9,393 262 4,891 4,787 9,409 462 38,947 39,065

 Deposit Insurance Fund 629 -565 -1,543 69 -590 -1,605 175 -343 -3,775 -1,808

 FSLIC Resolution Fund (**) (**) (**) (**) (**) (**) (**) (**) (**) -8

 Postal Service:

 Off-Budget:

 Public Enterprise Funds 1,162 -458 -1,805 -449 176 -964 756 -196 -1,779 -594

 Other 7 46 5 209 ...... ...... ...... ...... 267 267

 Other ...... ...... ...... 55 ...... ...... ...... ...... 55 57

 Tennessee Valley Authority -57 115 -3 -227 -228 -74 -95 -72 -641 -1,117

 Other 3,092 3,733 1,117 1,763 3,330 1,492 1,603 2,005 18,134 24,363

 Undistributed Offsetting Receipts:

 Employer Share, Employee Retirement -26,054 -7,683 -7,677 -7,379 -7,455 -7,329 -8,275 -7,614 -79,466 -71,271

 Interest Received by Trust Funds 11,168 -2,848 -51,432 -1,300 -5,196 -3,513 -7,816 -6,387 -67,325 -72,053

 Rents and Royalties on the Outer Continental

 Shelf Lands -47 -278 -353 -129 -292 -639 -406 -74 -2,218 -2,774

 Other ...... (**) (**) (**) -4,476 (**) (**) (**) -4,476 -1

 Totals This Year:

 Total Outlays 521,768 364,819 489,682 547,483 559,236 927,217 664,766 595,698 4,670,668 ......

 (On-Budget) 439,355 274,627 412,233 487,184 466,710 835,564 577,910 503,112 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 (-) -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 ......

 Total Borrowing from the Public 78,616 251,250 284,064 11,544 110,206 226,219 65,521 -30,179 997,241 3,007,563

 Total-Outlays Prior Year 379,988 434,024 349,091 404,883 423,229 355,754 979,885 572,614 ...... 3,899,469

 (On-Budget) 300,962 345,901 302,065 326,440 334,290 266,410 900,847 481,642 ...... 3,258,557

 (Off-Budget) 79,026 88,122 47,026 78,443 88,939 89,344 79,038 90,972 ...... 640,912

 Total-Surplus (+) or Deficit (-) Prior Year -134,467 -208,838 -13,286 -32,595 -235,278 -118,988 -738,022 -398,754 ......-1,880,229

 (On-Budget) -119,867 -190,253 -42,394 -44,894 -222,155 -113,342 -758,795 -385,215 ......-1,876,914

 (Off-Budget) -14,600 -18,585 29,108 12,299 -13,124 -5,646 20,773 -13,539 ...... -3,315

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, 2021

[$ millions]

Trust Receipts, Outlays, and Investments Held:

 Airport and Airway 1,539 1,528 11 22,336 14,526 7,810 7,900 17,020 17,283

 Black Lung Disability 33 16 17 152 133 19 ...... ...... ......

 Federal Disability Insurance 11,844 12,006 -162 98,407 95,978 2,429 97,209 99,862 99,752

 Federal Employees Life and Health ...... 65 -65 ...... -1,285 1,285 77,459 78,764 78,703

 Federal Employees Retirement 3,743 7,720 -3,978 44,190 62,284 -18,094 983,520 969,420 965,434

 Federal Hospital Insurance 32,127 14,460 17,667 233,073 230,520 2,552 ...... ...... ......

 Federal Old-Age and Survivors Insurance 69,744 82,573 -12,829 630,154 653,567 -23,414 2,811,213 2,800,686 2,787,919

 Federal Supplementary Medical Insurance 44,642 17,564 27,078 376,417 328,358 48,059 87,477 153,709 180,596

 Hazardous Substance Superfund 16 124 -107 1,324 918 406 4,933 5,471 5,373

 Highways 3,559 3,782 -223 35,341 31,367 3,974 12,081 18,439 18,523

 Military Advances 3,224 2,446 777 24,651 22,910 1,741 ...... ...... ......

 Military Retirement 8,448 442 8,006 139,765 41,927 97,838 916,264 1,005,590 1,013,964

 Railroad Retirement 1,291 1,108 184 10,736 10,655 81 1,737 2,536 2,246

 Unemployment 78,460 17,082 61,377 257,310 172,381 84,930 50,515 42,160 56,028

 Veterans Life Insurance 2 54 -51 51 498 -447 3,170 2,774 2,725

 All Other Trust 977 627 350 10,530 4,055 6,474 172,760 163,319 181,150

 Total Trust Fund Receipts and Outlays and Investments

 Held from Table 6-D 259,650 161,597 98,053 1,884,435 1,668,791 215,644 5,226,239 5,359,749 5,409,696

 Less: Interfund Transactions 138,176 138,176 ...... 952,735 952,735 ...... ...... ...... ......

 Trust Fund Receipts and Outlays on the Basis of

 Tables 4 & 5 121,473 23,420 98,053 931,700 716,056 215,644

Total Federal Fund Receipts and Outlays 342,355 572,361 -230,006 1,675,689 3,955,122 -2,279,433

 Less: Interfund Transactions 83 83 ...... 510 510 ......

 Federal Fund Receipts and Outlays on the Basis of

 Table 4 & 5 342,272 572,278 -230,006 1,675,179 3,954,612 -2,279,433

Net Budget Receipts & Outlays 463,745 595,698 -131,953 2,606,879 4,670,668 -2,063,789

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 2021 and Other Periods

[$ millions]

Receipts

 Individual Income Taxes 306,460 1,325,823 892,477

 Corporation Income Taxes 13,808 190,955 86,399

 Social Insurance and Retirement Receipts:

 Employment and General Retirement 102,720 858,252 834,243

 Unemployment Insurance 12,469 38,858 31,979

 Other Retirement 439 3,744 3,458

 Excise Taxes 6,897 43,285 43,028

 Estate and Gift Taxes 3,036 19,091 10,538

 Customs Duties 6,433 50,199 47,112

 Miscellaneous Receipts 11,483 76,672 70,007

 Total 463,745 2,606,879 2,019,240

Net Outlays

 National Defense 52,128 504,455 485,402

 International Affairs 3,493 35,324 48,894

 General Science, Space, and Technology 2,593 23,070 22,036

 Energy 122 3,764 3,869

 Natural Resources and Environment 2,824 26,916 27,327

 Agriculture 835 44,597 31,627

 Commerce and Housing Credit 53,882 294,961 33,654

 Transportation 9,534 100,260 84,995

 Community and Regional Development 4,591 39,905 25,687

 Education, Training, Employment, and Social Services 12,183 96,345 79,957

 Health 64,543 516,729 479,307

 Medicare 18,811 454,873 531,981

 Income Security 98,914 1,273,013 785,540

 Social Security 94,582 749,551 722,888

 Veterans Benefits and Services 9,470 155,959 143,115

 Administration of Justice 5,868 47,680 46,717

 General Government 132,140 149,171 159,299

 Net Interest 36,874 240,255 261,219

 Undistributed Offsetting Receipts -7,688 -86,160 -74,045

 Total 595,698 4,670,668 3,899,469

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

x 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). 

x 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. 

x 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. 

x Treasury Bulletin (Available from GPO, Washington, D.C. 20401 on a

subscription or single copy and on the internet at

http://www.fiscal.treasury.gov/fsreports/rpt/treasBulletin/treasBulle

tin_home.htm). Quarterly, contains a mix of narrative, tables, and

charts on Treasury issues, Federal financial operations, international

statistics, and special reports. 

x 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

x 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 -XQH 20 Statement

ZLOOEHSP(67-XO\.

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