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 2019 Through December 31, 2018, 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. 

Highlight

Outlays for Military active duty and retirement, Veterans’ benefits, Supplemental Security 

Income accelerated into December, because January 1, 2019, the normal payment date, falls on 

a non-business day.

This issue includes the semi-annual interest payment to trust funds investing in special issue 

par value government securities. The interest on Treasury debt securities is $97 billion, which is 

30 percent of the total current month federal outlays.

3
4

Receipts by Source: Outlays by Function:

Figure 1. Receipts, Outlays, and Surplus/Deficit for December 2018

Figure 2. Cumulative Receipts, Outlays, and Surplus/Deficit through Fiscal Year 2019

Receipts by Source: Outlays by Function:

Deficit

$14 Billion

Total Receipts Total Outlays

$313 Billion $326 Billion

Total Receipts

$771 Billion

Total Outlays

$1,090 Billion

Deficit

$319 Billion

Social Insurance & Retirement 

Individual Income Taxes $373 Billion 

Miscellaneous 

$53 Billion 

Excise Taxes 

$29 Billion 

Corporation Income Taxes 

$19 Billion 

$18 Billion 

$5 Billion 

$274 Billion 

Custom Duties

Estate and Gift Taxes

$251 Billion Social Security

National Defense

$134 Billion 

Medicare

$188 Billion 

Health

$100 Billion Net Interest

$153 Billion 

$24 Billion 

$43 Billion 

$114 Billion Income Security

$59 Billion

$24 Billion 

Veterans' Benefits and Services

Education

Transportation

Other

Source data: Table 9

Social Insurance & Retirement 

Individual Income Taxes $151 Billion 

Miscellaneous 

$47 Billion

Excise Taxes 

$7 Billion

Corporation Income Taxes 

$6 Billion 

$6 Billion 

$2 Billion

$95 Billion 

Custom Duties

Estate and Gift Taxes

$84 Billion Social Security

National Defense

$37 Billion

Health

$57 Billion

Income Security

$24 Billion

$48 Billion

$8 Billion

$10 Billion 

$34 Billion

$16 Billion 

$9 Billion

Transportation

Other

Net Interest

Medicare

Education

Veterans' Benefits and Services
5

Period Receipts Outlays Deficit/Surplus (-)

Table 1. Summary of Receipts, Outlays, and the Deficit/Surplus of the U.S. Government, Fiscal Years 2018 and 2019, by Month

[$ millions]

FY 2018

 October 235,341 298,555 63,214

 November 208,374 346,922 138,547

 December 325,797 348,989 23,192

 January 361,038 311,801

 February 155,623 370,862

 March 210,832 419,576

-49,237

215,239

208,744

 April 510,447 296,192

 May 217,075 363,871

 June 316,278 391,136

 July 225,266 302,131

 August 219,115 433,263

-214,255

146,796

74,858

76,865

214,148

 September 343,559 224,443 -119,116

 Year-to-Date 3,328,745 4,107,741 778,996

FY 2019

 October 252,692 353,183 100,491

 November 205,961 410,864 204,903

 December 312,584 326,123 13,539

 Year-to-Date 771,237 1,090,170 318,933

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

(2018)

Budget

Estimates

Next Fiscal

Year (2020) 1

Table 2. Summary of Budget and Off-Budget Results and Financing of the U.S. Government, December 2018 and Other Periods

[$ millions]

Total On-Budget and Off-Budget Results:

 Total Receipts 312,584 771,237 3,424,384 769,512 3,616,115

 On-Budget Receipts 242,999 573,250 2,513,323 583,193 2,665,937

 Off-Budget Receipts 69,585 197,987 911,061 186,318 950,178

 Total Outlays 326,123 1,090,170 4,509,641 994,466 4,691,717

 On-Budget Outlays 284,536 892,355 3,599,751 810,502 3,724,780

 Off-Budget Outlays 41,588 197,815 909,890 183,964 966,937

 Total Surplus (+) or Deficit (-) -13,539 -318,933 -1,085,257 -224,954 -1,075,602

 On-Budget Surplus (+) or Deficit (-) -41,537 -319,105 -1,086,428 -227,308 -1,058,843

 Off-Budget Surplus (+) or Deficit (-) +27,997 +172 +1,171 +2,354 -16,759

 Total On-Budget and Off-Budget Financing 13,539 318,933 1,085,257 224,954 1,075,602

Means of Financing:

 Borrowing from the Public 58,595 339,629 1,185,254 139,455 1,163,594

 Reduction of Operating Cash, Increase (-) -17,425 ...... ......

 By Other Means

-57,264

12,208 -3,271 -99,997

-69,612

155,111 -87,992

1 These estimates are based on the FY 2019 Mid-Session Review, released by the

Office of Management and Budget on July 13, 2018.

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

... No Transactions
6 Source data: Table 1
7 Source 

data: Table 9
8 Source 

data: Table 9
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, December 2018 and Other Periods

[$ millions]

Budget Receipts

 Individual Income Taxes 150,557 372,794 386,413 1,705,230

 Corporation Income Taxes 46,755 53,109 64,208 225,472

 Social Insurance and Retirement Receipts:

 Employment and General Retirement (Off-Budget) 69,585 197,987 186,318 911,061

 Employment and General Retirement (On-Budget) 24,343 69,020 65,383 282,507

 Unemployment Insurance 292 5,883 6,222 44,598

 Other Retirement 424 1,227 1,097 4,944

 Excise Taxes 7,179 29,429 21,570 97,502

 Estate and Gift Taxes 1,675 5,033 5,267 17,320

 Customs Duties 5,992 17,827 9,446 40,007

 Miscellaneous Receipts 5,783 18,927 23,588 95,743

 Total Receipts 312,584 771,237 769,512 3,424,384

 (On-Budget) 242,999 573,250 583,193 2,513,323

 (Off-Budget) 69,585 197,987 186,318 911,061

Budget Outlays

 Legislative Branch 461 1,278 1,187 5,223

 Judicial Branch 628 2,077 1,978 8,033

 Department of Agriculture 15,245 50,660 51,913 123,688

 Department of Commerce 1,013 3,783 1,563 13,694

 Department of Defense--Military Programs 51,445 171,926 158,556 657,660

 Department of Education 6,256 16,983 13,453 77,276

 Department of Energy 1,895 6,622 6,218 30,638

 Department of Health and Human Services 71,256 289,027 257,238 1,234,392

 Department of Homeland Security 6,527 16,527 23,379 63,128

 Department of Housing and Urban Development 3,954 11,400 10,829 46,519

 Department of the Interior 1,063 3,671 3,893 14,147

 Department of Justice 3,947 8,838 8,680 36,523

 Department of Labor 4,046 5,164 5,573 39,342

 Department of State 2,038 8,305 6,929 27,678

 Department of Transportation 6,353 19,220 18,657 83,520

 Department of the Treasury:

 Interest on Treasury Debt Securities (Gross) 97,203 164,221 146,253 591,442

 Other 258 13,146 13,478 106,324

 Department of Veterans Affairs 16,063 58,481 46,570 202,160

 Corps of Engineers 264 1,676 1,604 8,602

 Other Defense Civil Programs 5,406 19,868 16,780 62,144

 Environmental Protection Agency 808 2,299 2,408 5,921

 Executive Office of the President 33 110 99 407

 General Services Administration -307 -120 91 1,005

 International Assistance Programs -449 3,498 5,770 27,272

 National Aeronautics and Space Administration 1,992 5,486 5,311 21,115

 National Science Foundation 601 1,735 1,699 7,495

 Office of Personnel Management 7,746 25,015 23,924 100,942

 Small Business Administration 131 342 403 1,182

 Social Security Administration 88,752 270,043 253,274 1,104,614

 Independent Agencies -188 7,958 1,525 65,509

 Allowances ...... ...... ...... -7,037

 Undistributed Offsetting Receipts:

 Interest -61,702 -62,912 -61,213 -146,654

 Other -6,613 -36,159 -33,557 -104,263

 Total Outlays 326,123 1,090,170 994,466 4,509,641

 (On-Budget) 284,536 892,355 810,502 3,599,751

 (Off-Budget) 41,588 197,815 183,964 909,890

 Surplus (+) or Deficit (-) -13,539 -318,933 -224,954 -1,085,257

 (On-Budget) -41,537 -319,105 -227,308 -1,086,428

 (Off-Budget) +27,997 +172 +2,354 +1,171

1 These estimates are based on the FY 2019 Mid-Session Review, released by the Note: Details may not add to totals due to rounding.

Office of Management and Budget on July 31, 2018. ... No Transactions

9
This Month

Receipts Gross

Receipts

Refunds

(Deduct) Receipts

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Receipts

Refunds

(Deduct) Receipts GrossReceipts

Refunds

(Deduct)

Table 4. Receipts of the U.S. Government, December 2018 and Other Periods

[$ millions]

Individual Income Taxes

 Withheld 1137,260 342,914 359,646

 Presidential Election Campaign Fund (**) 2 2

 Other 116,327 53,413 49,284

 Total -- Individual Income Taxes 153,588 3,030 150,557 396,329 23,534 372,794 408,932 22,519 386,413

Corporation Income Taxes 51,888 5,133 46,755 64,846 11,737 53,109 81,369 17,161 64,208

Social Insurance and Retirement Receipts:

 Employment and General Retirement:

 Federal Old-Age and Survivors Insurance Trust Fund:

 Federal Insurance Contributions Act Taxes 157,172 ...... 57,172 160,651 ...... 160,651 155,497 ...... 155,497

 Self-Employment Contributions Act Taxes 1476 ...... 476 858 ...... 858 856 ...... 856

 Adjustments Attributable to Prior Years-FICA 1-250 ...... -250 -250 ...... -250 -4,682 ...... -4,682

 Adjustments Attrbutable to Prior Years-SECA 1-1,114 ...... -1,114 -1,114 ...... -1,114 -1,093 ...... -1,093

 Total -- Federal Old-Age and Survivors Insurance Trust Fund 56,284 ...... 56,284 160,145 ...... 160,145 150,578 ...... 150,578

 Federal Disability Insurance Trust Fund:

 Federal Insurance Contributions Act Taxes 113,509 ...... 13,509 37,960 ...... 37,960 36,742 ...... 36,742

 Self-Employment Contributions Act Taxes 1113 ...... 113 203 ...... 203 202 ...... 202

 Adjustments Attributable to Prior Years-FICA 1-54 ...... -54 -54 ...... -54 -1,013 ...... -1,013

 Adjustments Attributable to Prior Years-SECA 1-267 ...... -267 -267 ...... -267 -191 ...... -191

 Total -- Federal Disability Insurance Trust Fund 13,301 ...... 13,301 37,842 ...... 37,842 35,740 ...... 35,740

 Federal Hospital Insurance Trust Fund:

 Federal Insurance Contributions Act Taxes 124,329 ...... 24,329 67,953 ...... 67,953 65,402 ...... 65,402

 Self-Employment Contributions Act Taxes 1246 ...... 246 425 ...... 425 420 ...... 420

 Adjustments Attributable to Prior Years-FICA 1-190 ...... -190 -190 ...... -190 -1,594 ...... -1,594

 Adjustments Attributable to Prior Years-SECA 1-481 ...... -481 -481 ...... -481 -192 ...... -192

 Total -- Federal Hospital Insurance Trust Fund 23,905 ...... 23,905 67,708 ...... 67,708 64,037 ...... 64,037

 Railroad Retirement:

 Rail Pension and Supplemental Annuity 190 (**) 190 631 (**) 631 644 (**) 644

 Social Security Equivalent Account 248 (**) 248 681 (**) 681 703 (**) 703

 Total -- Employment and General Retirement 93,927 (**) 93,928 267,006 (**) 267,007 251,702 (**) 251,702

 Unemployment Insurance:

 Deposits by States 249 ...... 249 5,129 ...... 5,129 5,465 ...... 5,465

 Federal Unemployment Taxes 46 3 43 728 8 721 732 7 725

 Railroad Unemployment Taxes (**) ...... (**) 34 ...... 34 33 ...... 33

 Total -- Unemployment Insurance 295 3 292 5,891 8 5,883 6,229 7 6,222

 Other Retirement:

 Federal Employees' Retirement--Employee Share 422 ...... 422 1,220 ...... 1,220 1,089 ...... 1,089

 Non-Federal Employees Retirement 2 ...... 2 7 ...... 7 8 ...... 8

 Total -- Other Retirement 424 ...... 424 1,227 ...... 1,227 1,097 ...... 1,097

 Total -- Social Insurance and Retirement Receipts 94,646 3 94,643 274,124 7 274,117 259,028 7 259,021

Excise Taxes:

 Miscellaneous Excise Taxes 2,209 157 2,052 20,337 2,930 17,407 10,653 437 10,216

 Airport and Airway Trust Fund 1,338 ...... 1,338 3,140 ...... 3,140 2,959 ...... 2,959

 Highway Trust Fund 3,785 29 3,756 8,876 73 8,803 8,369 73 8,297

 Black Lung Disability Trust Fund 33 ...... 33 79 ...... 79 98 ...... 98

 Total -- Excise Taxes 7,365 187 7,179 32,432 3,003 29,429 22,079 509 21,570

Estate and Gift Taxes 1,744 69 1,675 5,264 230 5,033 5,391 124 5,267

Customs Duties 6,129 138 5,992 18,415 588 17,827 9,820 373 9,446

Miscellaneous Receipts:

 Deposit of Earnings, Federal Reserve System 4,400 ...... 4,400 13,420 ...... 13,420 18,111 ...... 18,111

 Universal Service Fund 819 ...... 819 2,463 ...... 2,463 2,296 ...... 2,296

 All Other 567 3 564 3,051 8 3,044 3,187 7 3,180

 Total -- Miscellaneous Receipts 5,786 3 5,783 18,935 8 18,927 23,595 7 23,588

Total -- Receipts 321,146 8,562 312,584 810,344 39,107 771,237 810,213 40,701 769,512

 Total -- On-Budget 251,561 8,562 242,999 612,357 39,107 573,250 623,894 40,701 583,193

 Total -- Off-Budget 69,585 ...... 69,585 197,987 ...... 197,987 186,318 ...... 186,318

1 In accordance with the Social Security Act as amended: Individual Income Taxes, calendar year 2016 and prior.

Withheld have been increased and Federal Insurance Contribution Act Taxes Note: Details may not add to totals due to rounding.

creased by $493 million to correct estimates for the calendar year 2017. ... No Transactions

Individual Income Taxes, Other have been increased and Self-Employment (**) Less than absolute value of $500,000

Contribution Act Taxes decreased by $1,862 million to correct estimates for

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, December 2018 and Other Periods

[$ millions]

Legislative Branch:

 Senate 81 (**) 80 243 1 243 229 1 229

 House of Representatives 125 (**) 125 358 (**) 357 339 (**) 338

 Joint Items 1 ...... 1 5 ...... 5 5 ...... 5

 Capitol Police 44 ...... 44 111 ...... 111 97 ...... 97

 Congressional Budget Office 5 ...... 5 13 ...... 13 12 ...... 12

 Architect of the Capitol 58 (**) 58 169 1 168 157 1 155

 Library of Congress 65 1 64 179 3 176 170 4 166

 Government Printing Office 7 ...... 7 28 ...... 28 38 ...... 38

 Government Accountability Office 62 ...... 62 147 ...... 147 124 ...... 124

 United States Tax Court 4 ...... 4 13 ...... 13 12 ...... 12

 Other Legislative Branch Agencies 11 ...... 11 27 ...... 27 19 ...... 19

 Proprietary Receipts from the Public ...... 2 -2 ...... 5 -5 ...... 7 -7

 Intrabudgetary Transactions (**) ...... (**) -6 ...... -6 -2 ...... -2

 Total--Legislative Branch 464 3 461 1,287 9 1,278 1,200 13 1,187

Judicial Branch:

 Supreme Court of the United States 1 ...... 1 20 ...... 20 21 ...... 21

 Courts of Appeals, District Courts, and Other Judicial

 Services 569 ...... 569 2,014 ...... 2,014 1,952 ...... 1,952

 Other 30 ...... 30 154 ...... 154 153 ...... 153

 Proprietary Receipts from the Public ...... 5 -5 ...... 38 -38 ...... 35 -35

 Intrabudgetary Transactions 33 ...... 33 -73 ...... -73 -112 ...... -112

 Total--Judicial Branch 633 5 628 2,116 38 2,077 2,014 35 1,978

Department of Agriculture:

 Agricultural Research Service 116 ...... 116 343 ...... 343 249 ...... 249

 National Institute of Food and Agriculture:

 Research and Education Activities 68 ...... 68 188 ...... 188 188 ...... 188

 Extension Activities 55 ...... 55 147 ...... 147 129 ...... 129

 Other 9 ...... 9 26 ...... 26 22 ...... 22

 Animal and Plant Health Inspection Service 116 ...... 116 304 ...... 304 277 ...... 277

 Food Safety and Inspection Service 129 ...... 129 280 ...... 280 244 ...... 244

 Agricultural Marketing Service 131 ...... 131 385 ...... 385 286 ...... 286

 Risk Management Agency:

 Administrative and Operating Expenses 7 ...... 7 19 ...... 19 18 ...... 18

 Federal Crop Insurance Corporation Fund 968 18 950 6,146 23 6,123 5,949 182 5,767

 Farm Service Agency:

 Salaries and Expenses 144 ...... 144 299 ...... 299 232 ...... 232

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

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

 Commodity Credit Corporation 6,308 378 5,930 15,997 960 15,037 14,827 1,127 13,701

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

 Agricultural Credit Insurance Fund 15 7 8 80 13 67 105 19 85

 Other 8 ...... 8 23 ...... 23 27 ...... 27

 Total--Farm Service Agency 6,475 385 6,089 16,400 973 15,427 15,191 1,146 14,045

 Natural Resources Conservation Service:

 Conservation Operations 75 ...... 75 203 ...... 203 190 ...... 190

 Farm Security and Rural Investment Programs 494 ...... 494 1,177 ...... 1,177 1,080 ...... 1,080

 Other 19 ...... 19 65 ...... 65 36 ...... 36

 Rural Development 46 ...... 46 56 ...... 56 16 ...... 16

 Rural Housing Service:

 Rural Housing Insurance Fund 26 100 -74 123 184 -61 151 120 31

 Rental Assistance Program 95 ...... 95 294 ...... 294 293 ...... 293

 Other 11 ...... 11 40 ...... 40 38 ...... 38

 Rural Utilities Service:

 Rural Electrification and Telecommunications Fund 513 1,713 -1,200 525 1,546 -1,021 462 785 -324

 Other 54 9 45 168 18 150 140 20 120

 Foreign Agricultural Service 109 ...... 109 533 ...... 533 516 ...... 516

 Food and Nutrition Service:

 Supplemental Nutrition Assistance Program 5,474 ...... 5,474 16,793 ...... 16,793 18,899 ...... 18,899

 Child Nutrition Programs 2,101 ...... 2,101 6,579 ...... 6,579 6,604 ...... 6,604

 Special Supplemental Nutrition Program for Women,

 Infants, and Children (WIC) 432 ...... 432 1,336 ...... 1,336 1,388 ...... 1,388

 Other 47 ...... 47 122 ...... 122 115 ...... 115

 Total--Food and Nutrition Service 8,054 ...... 8,054 24,831 ...... 24,831 27,005 ...... 27,005

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, December 2018 and Other Periods - Continued

[$ millions]

Department of Agriculture: - Continued

 Forest Service:

 National Forest System 144 ...... 144 437 ...... 437 381 ...... 381

 Capital Improvement and Maintenance 32 ...... 32 113 ...... 113 98 ...... 98

 Wildland Fire Management 155 ...... 155 798 ...... 798 940 ...... 940

 Forest Service Permanent Appropriations 14 ...... 14 60 ...... 60 45 ...... 45

 Other 160 ...... 160 294 ...... 294 176 ...... 176

 Total--Forest Service 506 ...... 506 1,701 ...... 1,701 1,640 ...... 1,640

 Other 119 4 116 413 8 405 288 13 276

 Proprietary Receipts from the Public ...... 93 -93 ...... 325 -325 ...... 280 -280

 Intrabudgetary Transactions -625 ...... -625 -628 ...... -628 51 ...... 51

 Total--Department of Agriculture 17,569 2,324 15,245 53,738 3,078 50,660 54,459 2,546 51,913

Department of Commerce:

 Economic Development Administration 14 ...... 14 71 ...... 71 77 ...... 77

 Bureau of the Census 187 ...... 187 501 ...... 501 454 ...... 454

 International Trade Administration 36 ...... 36 97 ...... 97 96 ...... 96

 National Oceanic and Atmospheric Administration 477 ...... 477 1,287 2 1,286 1,283 2 1,282

 National Institute of Standards and Technology 105 ...... 105 269 ...... 269 235 ...... 235

 National Telecommunications and Information Administration 22 ...... 22 1,370 (**) 1,370 52 674 -621

 Other 173 6 167 199 22 177 61 32 29

 Proprietary Receipts from the Public ...... -6 6 ...... -10 10 ...... -7 7

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

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

 Total--Department of Commerce 1,013 (**) 1,013 3,797 14 3,783 2,264 701 1,563

Department of Defense--Military Programs:

 Military Personnel:

 Department of the Army 4,566 ...... 4,566 18,357 ...... 18,357 15,412 ...... 15,412

 Department of the Navy 3,615 ...... 3,615 15,246 ...... 15,246 13,570 ...... 13,570

 Department of the Air Force 2,871 ...... 2,871 11,451 ...... 11,451 10,322 ...... 10,322

 Defense Agencies ...... ...... ...... 7,909 ...... 7,909 6,837 ...... 6,837

 Total--Military Personnel 11,052 ...... 11,052 52,963 ...... 52,963 46,141 ...... 46,141

 Operation and Maintenance:

 Department of the Army 5,383 ...... 5,383 16,287 ...... 16,287 16,055 ...... 16,055

 Department of the Navy 4,886 ...... 4,886 15,431 ...... 15,431 13,156 ...... 13,156

 Department of the Air Force 5,035 ...... 5,035 14,420 ...... 14,420 13,665 ...... 13,665

 Defense Agencies 6,237 ...... 6,237 17,627 ...... 17,627 17,458 ...... 17,458

 Total--Operation and Maintenance 21,542 ...... 21,542 63,766 ...... 63,766 60,334 ...... 60,334

 International Reconstruction and Other Assistance:

 Department of the Army ...... ...... ...... 6 ...... 6 (**) ...... (**)

 Procurement:

 Department of the Army 1,661 ...... 1,661 4,789 ...... 4,789 4,889 ...... 4,889

 Department of the Navy 4,757 ...... 4,757 11,848 ...... 11,848 11,496 ...... 11,496

 Department of the Air Force 3,077 ...... 3,077 10,212 ...... 10,212 11,428 ...... 11,428

 Defense Agencies 704 ...... 704 1,837 ...... 1,837 1,785 ...... 1,785

 Total--Procurement 10,199 ...... 10,199 28,687 ...... 28,687 29,599 ...... 29,599

 Research, Development, Test, and Evaluation:

 Department of the Army 724 ...... 724 2,155 ...... 2,155 1,960 ...... 1,960

 Department of the Navy 2,193 ...... 2,193 4,877 ...... 4,877 4,391 ...... 4,391

 Department of the Air Force 2,994 ...... 2,994 8,948 ...... 8,948 7,627 ...... 7,627

 Defense Agencies 1,699 ...... 1,699 5,181 ...... 5,181 4,443 ...... 4,443

 Total--Research, Development, Test, and Evaluation 7,610 ...... 7,610 21,161 ...... 21,161 18,421 ...... 18,421

 Military Construction:

 Department of the Army 143 ...... 143 633 ...... 633 590 ...... 590

 Department of the Navy 127 ...... 127 340 ...... 340 413 ...... 413

 Department of the Air Force 106 ...... 106 333 ...... 333 210 ...... 210

 Defense Agencies 255 ...... 255 667 ...... 667 691 ...... 691

 Total--Military Construction 631 ...... 631 1,973 ...... 1,973 1,904 ...... 1,904

 Family Housing:

 Department of the Army 36 ...... 36 96 ...... 96 96 ...... 96

 Department of the Navy 18 ...... 18 62 ...... 62 68 ...... 68

 Department of the Air Force 19 ...... 19 75 ...... 75 72 ...... 72

 Defense Agencies 3 ...... 3 19 ...... 19 25 (**) 25

 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, December 2018 and Other Periods - Continued

[$ millions]

Department of Defense--Military Programs: - Continued

 Department of the Navy -17 ...... -17 31 ...... 31 3 ...... 3

 Defense Agencies:

 Working Capital Fund 428 ...... 428 2,963 ...... 2,963 1,006 ...... 1,006

 Other -12 ...... -12 132 ...... 132 141 ...... 141

 Allowances 2 ...... 2 25 ...... 25 4 ...... 4

 Trust Funds:

 Department of the Army 1 ...... 1 4 ...... 4 3 ...... 3

 Department of the Navy 3 ...... 3 10 ...... 10 6 ...... 6

 Department of the Air Force (**) ...... (**) 1 ...... 1 1 ...... 1

 Defense Agencies 31 ...... 31 65 ...... 65 31 ...... 31

 Proprietary Receipts from the Public:

 Department of the Army ...... 47 -47 ...... -113 113 ...... -819 819

 Department of the Navy ...... 8 -8 ...... 12 -12 ...... 31 -31

 Department of the Air Force ...... 19 -19 ...... 28 -28 ...... 21 -21

 Defense Agencies ...... 77 -77 ...... 201 -201 ...... 244 -244

 Intrabudgetary Transactions:

 Department of the Army 7 ...... 7 (**) ...... (**) 69 ...... 69

 Department of the Navy 12 ...... 12 -12 ...... -12 -13 ...... -13

 Department of the Air Force 62 ...... 62 61 ...... 61 88 ...... 88

 Defense Agencies -29 ...... -29 -35 ...... -35 36 ...... 36

 Offsetting Governmental Receipts:

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

 Total--Department of Defense--Military Programs 51,597 152 51,445 172,053 127 171,926 158,034 -522 158,556

Department of Education:

 Office of Elementary and Secondary Education:

 Accelerating Achievement and Ensuring Equity 1,859 ...... 1,859 4,429 ...... 4,429 3,474 ...... 3,474

 Impact Aid 390 ...... 390 998 ...... 998 277 ...... 277

 Education Improvement Programs 524 ...... 524 1,259 ...... 1,259 1,049 ...... 1,049

 Other 24 ...... 24 67 ...... 67 70 ...... 70

 Total--Office of Elementary and Secondary Education 2,797 ...... 2,797 6,753 ...... 6,753 4,870 ...... 4,870

 Office of Innovation and Improvement 116 ...... 116 309 ...... 309 336 ...... 336

 Office of English Language Acquisition 73 ...... 73 220 ...... 220 164 ...... 164

 Office of Special Education and Rehabilitative Services:

 Special Education 1,400 ...... 1,400 3,276 ...... 3,276 3,020 ...... 3,020

 Rehabilitation Services and Disability Research 294 ...... 294 914 ...... 914 833 ...... 833

 Special Institutions for Persons with Disabilities 34 ...... 34 57 ...... 57 43 ...... 43

 Office of Vocational and Adult Education 113 ...... 113 420 ...... 420 378 ...... 378

 Office of Postsecondary Education:

 Higher Education 202 ...... 202 614 ...... 614 556 ...... 556

 Other (**) 1 -1 60 2 59 43 3 40

 Total--Office of Postsecondary Education 201 1 200 675 2 673 599 3 596

 Office of Federal Student Aid:

 Student Financial Assistance 890 ...... 890 5,480 ...... 5,480 5,296 ...... 5,296

 Student Aid Administration 162 ...... 162 435 ...... 435 386 ...... 386

 Federal Direct Student Loans ...... ...... ...... 1,958 ...... 1,958 2,228 ...... 2,228

 Federal Family Education Loans -11 ...... -11 -34 ...... -34 -862 ...... -862

 Other (**) (**) (**) 321311

 Total--Office of Federal Student Aid 1,041 (**) 1,041 7,843 2 7,841 7,051 1 7,049

 Institute of Education Sciences 50 ...... 50 156 ...... 156 143 ...... 143

 Departmental Management 58 ...... 58 142 ...... 142 138 ...... 138

 Other 99 ...... 99 222 ...... 222 ...... ...... ......

 Proprietary Receipts from the Public ...... 24 -24 ...... 4,011 -4,011 ...... 4,201 -4,201

 Intrabudgetary Transactions 3 ...... 3 12 ...... 12 84 ...... 84

 Total--Department of Education 6,281 25 6,256 20,998 4,015 16,983 17,658 4,205 13,453

Department of Energy:

 National Nuclear Security Administration:

 Naval Reactors 103 ...... 103 343 ...... 343 326 ...... 326

 Weapons Activities 808 ...... 808 2,620 ...... 2,620 2,359 ...... 2,359

 Defense Nuclear Nonproliferation 135 ...... 135 418 ...... 418 459 ...... 459

 Other 30 ...... 30 116 ...... 116 88 ...... 88

 Environmental and Other Defense Activities:

 Defense Environmental Cleanup 457 ...... 457 1,406 ...... 1,406 1,385 ...... 1,385

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, December 2018 and Other Periods - Continued

[$ millions]

Department of Energy: - Continued

 Other Defense Activities 6 ...... 6 147 ...... 147 141 ...... 141

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

 Energy Programs:

 Science 420 ...... 420 1,458 ...... 1,458 1,361 ...... 1,361

 Energy Supply 140 ...... 140 439 ...... 439 360 ...... 360

 Energy Efficiency and Renewable Energy 142 ...... 142 430 ...... 430 426 ...... 426

 Fossil Energy Research and Development 56 ...... 56 152 ...... 152 129 ...... 129

 Uranium Enrichment Decontamination and Decommissioning

 Fund 74 ...... 74 196 ...... 196 172 ...... 172

 Advanced Technology Vehicles Manufacturing Loan Program (**) ...... (**) (**) ...... (**) 1 ...... 1

 Title 17 Innovative Technology Loan Guarantee Program 1 ...... 1 4 ...... 4 3 ...... 3

 Other 81 18 63 274 32 242 256 26 230

 Total--Energy Programs 914 18 896 2,954 32 2,922 2,709 26 2,683

 Power Marketing Administration 410 379 31 1,078 1,015 63 1,009 876 133

 Departmental Administration 10 ...... 10 55 ...... 55 96 ...... 96

 Proprietary Receipts from the Public ...... 470 -470 ...... 1,062 -1,062 ...... 1,059 -1,059

 Intrabudgetary Transactions -110 ...... -110 -406 ...... -406 -395 ...... -395

 Total--Department of Energy 2,763 868 1,895 8,732 2,110 6,622 8,179 1,961 6,218

Department of Health and Human Services:

 Food and Drug Administration 370 (**) 369 664 1 663 108 2 106

 Health Resources and Services Administration 1,007 ...... 1,007 2,919 ...... 2,919 2,712 ...... 2,712

 Indian Health Service 303 ...... 303 1,054 ...... 1,054 961 ...... 961

 Centers for Disease Control and Prevention 573 ...... 573 1,825 ...... 1,825 1,941 ...... 1,941

 National Institutes of Health 2,746 ...... 2,746 9,035 ...... 9,035 8,411 ...... 8,411

 Substance Abuse and Mental Health Services Administration 347 ...... 347 950 ...... 950 908 ...... 908

 Agency for Healthcare Research and Quality 25 ...... 25 74 ...... 74 79 ...... 79

 Centers for Medicare and Medicaid Services:

 Grants to States for Medicaid 33,440 ...... 33,440 95,930 ...... 95,930 94,753 ...... 94,753

 Payments to Health Care Trust Funds 26,522 ...... 26,522 79,518 ...... 79,518 74,977 ...... 74,977

 Children's Health Insurance Fund 1,380 ...... 1,380 4,115 ...... 4,115 3,827 ...... 3,827

 State Grants and Demonstrations 35 ...... 35 104 ...... 104 130 ...... 130

 Federal Hospital Insurance Trust Fund:

 Benefit Payments 16,406 ...... 16,406 75,803 ...... 75,803 64,884 ...... 64,884

 Administrative Expenses 415 ...... 415 1,046 ...... 1,046 1,008 ...... 1,008

 Total--Federal Hospital Insurance Trust Fund 16,821 ...... 16,821 76,849 ...... 76,849 65,893 ...... 65,893

 Health Care Fraud and Abuse Control 143 ...... 143 387 ...... 387 346 ...... 346

 Federal Supplementary Medical Insurance Trust Fund:

 Benefit Payments 17,418 ...... 17,418 86,315 ...... 86,315 70,014 ...... 70,014

 Administrative Expenses 335 ...... 335 938 ...... 938 915 ...... 915

 Medicare Prescription Drugs:

 Benefit Payments 55 ...... 55 19,301 ...... 19,301 17,086 ...... 17,086

 Administrative Expenses ...... ...... ...... ...... ...... ...... 69 ...... 69

 Total--Federal Supplementary Medical Insurance Trust

 Fund 17,808 ...... 17,808 106,554 ...... 106,554 88,085 ...... 88,085

 Other 2,278 ...... 2,278 5,170 ...... 5,170 2,891 ...... 2,891

 Total--Centers for Medicare and Medicaid Services 98,426 ...... 98,426 368,626 ...... 368,626 330,901 ...... 330,901

 Administration for Children and Families:

 Temporary Assistance for Needy Families 1,348 ...... 1,348 4,109 ...... 4,109 3,981 ...... 3,981

 Contingency Fund 45 ...... 45 49 ...... 49 108 ...... 108

 Payments to States for Child Support Enforcement and

 Family Support Programs 272 ...... 272 870 ...... 870 853 ...... 853

 Low Income Home Energy Assistance 402 ...... 402 1,093 ...... 1,093 960 ...... 960

 Refugee and Entrant Assistance 232 ...... 232 674 ...... 674 338 ...... 338

 Child Care Entitlement to States 163 ...... 163 638 ...... 638 776 ...... 776

 Payments to States for the Child Care and Development

 Block Grant 282 ...... 282 879 ...... 879 561 ...... 561

 Social Services Block Grant 133 ...... 133 375 ...... 375 394 ...... 394

 Children and Families Services Programs 1,027 ...... 1,027 3,026 ...... 3,026 2,794 ...... 2,794

 Payments to States for Foster Care and Adoption

 Assistance 637 ...... 637 1,825 ...... 1,825 2,046 ...... 2,046

 Other 52 ...... 52 138 ...... 138 126 ...... 126

 Total--Administration for Children and Families 4,594 ...... 4,594 13,678 ...... 13,678 12,937 ...... 12,937

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, December 2018 and Other Periods - Continued

[$ millions]

Department of Health and Human Services: - Continued

 Administration for Community Living 174 ...... 174 449 ...... 449 422 ...... 422

 Departmental Management 234 ...... 234 642 ...... 642 1,162 ...... 1,162

 Other 120 ...... 120 172 ...... 172 151 ...... 151

 Proprietary Receipts from the Public ...... 11,058 -11,058 ...... 30,765 -30,765 ...... 28,183 -28,183

 Intrabudgetary Transactions:

 Payments for Health Insurance for the Aged:

 Federal Supplementary Medical Insurance Trust Fund -26,521 ...... -26,521 -79,512 ...... -79,512 -74,963 ...... -74,963

 Payments for Tax and Other Credits:

 Federal Hospital Insurance Trust Fund -13 ...... -13 -25 ...... -25 -19 ...... -19

 Other -70 ...... -70 -759 ...... -759 -288 ...... -288

 Total--Department of Health and Human Services 82,314 11,058 71,256 319,793 30,766 289,027 285,423 28,185 257,238

Department of Homeland Security:

 Departmental Management and Operations 111 ...... 111 312 ...... 312 357 ...... 357

 Citizenship and Immigration Services 391 ...... 391 1,008 ...... 1,008 882 ...... 882

 United States Secret Service 221 ...... 221 546 ...... 546 488 ...... 488

 Transportation Security Administration 967 ...... 967 1,732 ...... 1,732 1,475 ...... 1,475

 Immigration and Customs Enforcement 709 ...... 709 1,904 ...... 1,904 1,688 ...... 1,688

 U.S. Customs and Border Protection 1,709 2 1,707 3,939 7 3,933 3,271 5 3,266

 United States Coast Guard 904 ...... 904 3,197 ...... 3,197 2,945 ...... 2,945

 National Protection and Programs Directorate 211 ...... 211 517 ...... 517 437 ...... 437

 Federal Emergency Management Agency:

 State and Local Programs 60 ...... 60 223 ...... 223 303 ...... 303

 Firefighter Assistance Grants 33 ...... 33 112 ...... 112 164 ...... 164

 Disaster Relief 1,851 ...... 1,851 4,342 ...... 4,342 6,990 ...... 6,990

 National Flood Insurance Fund 195 47 148 962 192 770 7,768 1,381 6,387

 Other 134 ...... 134 402 ...... 402 332 ...... 332

 Total--Federal Emergency Management Agency 2,273 47 2,226 6,040 192 5,849 15,557 1,381 14,176

 Science and Technology 75 ...... 75 238 ...... 238 220 ...... 220

 Domestic Nuclear Detection Office 13 ...... 13 51 ...... 51 73 ...... 73

 Other 48 ...... 48 126 ...... 126 106 ...... 106

 Proprietary Receipts from the Public ...... 93 -93 ...... 272 -272 ...... 296 -296

 Intrabudgetary Transactions 45 ...... 45 62 ...... 62 17 ...... 17

 Offsetting Governmental Receipts ...... 1,008 -1,008 ...... 2,673 -2,673 ...... 2,455 -2,455

 Total--Department of Homeland Security 7,677 1,150 6,527 19,671 3,143 16,527 27,516 4,137 23,379

Department of Housing and Urban Development:

 Public and Indian Housing Programs:

 Tenant Based Rental Assistance 1,832 ...... 1,832 5,395 ...... 5,395 5,096 ...... 5,096

 Housing Certificate Fund 5 ...... 5 15 ...... 15 29 ...... 29

 Public Housing Capital Fund 194 ...... 194 564 ...... 564 529 ...... 529

 Public Housing Operating Fund 400 ...... 400 1,127 ...... 1,127 1,106 ...... 1,106

 Revitalization of Severely Distressed Public Housing

 (Hope VI) (**) ...... (**) 6 ...... 6 3 ...... 3

 Native American Housing Block Grant 59 ...... 59 144 ...... 144 123 ...... 123

 Other 17 ...... 17 44 ...... 44 37 ...... 37

 Total--Public and Indian Housing Programs 2,506 ...... 2,506 7,293 ...... 7,293 6,923 ...... 6,923

 Community Planning and Development:

 Housing Opportunities for Persons with AIDS 25 ...... 25 71 ...... 71 76 ...... 76

 Community Development Fund 459 ...... 459 1,366 ...... 1,366 1,515 ...... 1,515

 Home Investment Partnership Program 70 ...... 70 202 ...... 202 240 ...... 240

 Neighborhood Stabilization Program 1 ...... 1 5 ...... 5 5 ...... 5

 Homeless Assistance Grants 192 ...... 192 544 ...... 544 496 ...... 496

 Other 14 ...... 14 32 ...... 32 17 ...... 17

 Total--Community Planning and Development 762 ...... 762 2,220 ...... 2,220 2,349 ...... 2,349

 Housing Programs:

 Credit Accounts:

 FHA-Mutual Mortgage Insurance Fund, Program Account 13 ...... 13 27 ...... 27 25 ...... 25

 FHA-Mutual Mortgage Insurance Capital Reserve Account -454 ...... -454 -1,527 ...... -1,527 -1,818 ...... -1,818

 FHA-Mutual Mortgage and Cooperative Housing Insurance

 Fund, Liquidating Account 2 1 1 5 4 1 16 15 1

 FHA-General and Special Risk Fund, Liquidating Account 8 14 -5 28 54 -26 26 62 -37

 Housing for the Elderly or Handicapped Fund,

 Liquidating Account -11 2 -14 -33 15 -48 -12 44 -57

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, December 2018 and Other Periods - Continued

[$ millions]

Department of Housing and Urban Development: - Continued

 HUD Project-Based Rental Assistance 986 ...... 986 2,990 ...... 2,990 2,907 ...... 2,907

 Housing for the Elderly 61 ...... 61 184 ...... 184 188 ...... 188

 Housing for Persons with Disabilities 15 ...... 15 44 ...... 44 42 ...... 42

 Other Assisted Housing Programs 8 ...... 8 23 ...... 23 32 ...... 32

 Other 1 3 -1 7 11 -4 14 7 7

 Total--Housing Programs 629 20 609 1,748 83 1,665 1,419 128 1,291

 Government National Mortgage Association:

 Guarantees of Mortgage-Backed Securities -23 (**) -23 -69 1 -69 -33 (**) -33

 Management and Administration 170 ...... 170 417 ...... 417 394 ...... 394

 Other 15 ...... 15 61 ...... 61 70 ...... 70

 Proprietary Receipts from the Public:

 FHA-General and Special Risk Fund ...... 64 -64 ...... 159 -159 ...... 148 -148

 Other ...... 19 -19 ...... 20 -20 ...... 12 -12

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

 Offsetting Governmental Receipts ...... 1 -1 ...... 4 -4 ...... 4 -4

 Total--Department of Housing and Urban Development 4,059 104 3,954 11,667 267 11,400 11,122 292 10,829

Department of the Interior:

 Land and Minerals Management:

 Bureau of Land Management:

 Management of Lands and Resources 98 ...... 98 271 ...... 271 242 ...... 242

 Other 44 2 42 94 11 83 97 14 82

 Bureau of Ocean Energy Management 8 ...... 8 26 ...... 26 32 ...... 32

 Office of Surface Mining Reclamation and Enforcement 48 ...... 48 144 ...... 144 190 ...... 190

 Total--Land and Minerals Management 197 2 195 536 11 524 560 14 546

 Water and Science:

 Bureau of Reclamation:

 Water and Related Resources 82 ...... 82 267 ...... 267 189 ...... 189

 Other 51 22 29 153 56 97 99 59 39

 Central Utah Project 1 ...... 1 12 ...... 12 6 ...... 6

 United States Geological Survey 141 ...... 141 335 ...... 335 287 ...... 287

 Total--Water and Science 275 22 253 767 56 711 581 59 521

 Fish and Wildlife and Parks:

 United States Fish and Wildlife Service 255 ...... 255 736 ...... 736 706 ...... 706

 National Park Service 263 ...... 263 798 ...... 798 785 ...... 785

 Total--Fish and Wildlife and Parks 518 ...... 518 1,535 ...... 1,535 1,491 ...... 1,491

 Indian Affairs:

 Bureau of Indian Affairs and Bureau of Indian Education 193 (**) 193 618 (**) 618 372 (**) 372

 Total--Indian Affairs 193 (**) 193 618 (**) 618 372 (**) 372

 Departmental Offices:

 Mineral Leasing and Associated Payments 159 ...... 159 958 ...... 958 378 ...... 378

 Other 49 ...... 49 101 ...... 101 119 ...... 119

 Insular Affairs 11 ...... 11 94 ...... 94 115 ...... 115

 Office of the Special Trustee for American Indians 25 ...... 25 54 ...... 54 56 ...... 56

 Department-Wide Programs 85 ...... 85 323 ...... 323 1,347 ...... 1,347

 Total--Departmental Offices 330 ...... 330 1,529 ...... 1,529 2,015 ...... 2,015

 Other 34 ...... 34 78 ...... 78 73 ...... 73

 Proprietary Receipts from the Public ...... 464 -464 ...... 2,179 -2,179 ...... 1,000 -1,000

 Intrabudgetary Transactions 3 ...... 3 855 ...... 855 -126 ...... -126

 Total--Department of the Interior 1,551 488 1,063 5,918 2,247 3,671 4,966 1,073 3,893

Department of Justice:

 General Administration 153 ...... 153 403 ...... 403 363 ...... 363

 Legal Activities and U.S. Marshals:

 General Legal Activities 1,301 ...... 1,301 1,614 ...... 1,614 501 ...... 501

 United States Attorneys 189 ...... 189 470 ...... 470 433 ...... 433

 United States Marshals Service 129 ...... 129 336 ...... 336 286 ...... 286

 Assets Forfeiture Fund 69 ...... 69 896 ...... 896 933 ...... 933

 Other 170 ...... 170 511 ...... 511 446 ...... 446

 Federal Bureau of Investigation 977 ...... 977 2,439 ...... 2,439 2,136 ...... 2,136

 Drug Enforcement Administration 245 ...... 245 610 ...... 610 599 ...... 599

 Bureau of Alcohol, Tobacco, Firearms, and Explosives 141 ...... 141 334 ...... 334 283 ...... 283

 Federal Prison System 655 29 626 1,878 92 1,786 1,741 95 1,647

 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, December 2018 and Other Periods - Continued

[$ millions]

Department of Justice: - Continued

 State and Local Law Enforcement Assistance 114 ...... 114 247 ...... 247 213 ...... 213

 Community Oriented Policing Services 9 ...... 9 38 ...... 38 46 ...... 46

 Crime Victims Fund 279 ...... 279 582 ...... 582 392 ...... 392

 Other 21 ...... 21 217 ...... 217 189 ...... 189

 Other 53 ...... 53 146 ...... 146 77 ...... 77

 Proprietary Receipts from the Public ...... -53 53 ...... 1,258 -1,258 ...... 122 -122

 Intrabudgetary Transactions -536 ...... -536 -383 ...... -383 370 ...... 370

 Offsetting Governmental Receipts ...... 44 -44 ...... 151 -151 ...... 112 -112

 Total--Department of Justice 3,968 21 3,947 10,340 1,501 8,838 9,008 328 8,680

Department of Labor:

 Employment and Training Administration:

 Training and Employment Services 261 ...... 261 788 ...... 788 744 ...... 744

 Office of Job Corps 158 ...... 158 395 ...... 395 373 ...... 373

 Community Service Employment for Older Americans 33 ...... 33 97 ...... 97 95 ...... 95

 Federal Unemployment Benefits and Allowances 35 ...... 35 92 ...... 92 117 ...... 117

 Federal Additional Unemployment Compensation

 Program-Recovery Act (**) ...... (**) -1 ...... -1 (**) ...... (**)

 State Unemployment Insurance and Employment Service

 Operations -30 ...... -30 -188 ...... -188 -70 ...... -70

 Payments to the Unemployment Trust Fund ...... ...... ...... 2 ...... 2 3 ...... 3

 Program Administration 11 ...... 11 25 ...... 25 20 ...... 20

 Unemployment Trust Fund:

 Federal-State Unemployment Insurance:

 State Unemployment Benefits 2,296 ...... 2,296 6,171 ...... 6,171 6,614 ...... 6,614

 State Administrative Expenses 316 ...... 316 1,047 ...... 1,047 937 ...... 937

 Federal Administrative Expenses 30 ...... 30 52 ...... 52 99 ...... 99

 Other (**) ...... (**) 3 ...... 3 11 ...... 11

 Total--Unemployment Trust Fund 2,642 ...... 2,642 7,274 ...... 7,274 7,661 ...... 7,661

 Other 5 ...... 5 17 ...... 17 40 ...... 40

 Total--Employment and Training Administration 3,115 ...... 3,115 8,501 ...... 8,501 8,983 ...... 8,983

 Pension Benefit Guaranty Corporation 541 207 334 1,623 5,061 -3,438 1,569 5,326 -3,757

 Office of Workers' Compensation Programs:

 Special Benefits 110 ...... 110 -1,067 ...... -1,067 -686 ...... -686

 Energy Employees Occupational Illness Compensation Fund 110 ...... 110 333 ...... 333 319 ...... 319

 Special Benefits for Disabled Coal Miners 6 ...... 6 18 ...... 18 21 ...... 21

 Black Lung Disability Trust Fund 17 ...... 17 53 ...... 53 50 ...... 50

 Other 30 ...... 30 90 ...... 90 82 ...... 82

 Wage and Hour Division 27 ...... 27 62 ...... 62 56 ...... 56

 Occupational Safety and Health Administration 58 ...... 58 128 ...... 128 112 ...... 112

 Mine Safety and Health Administration 34 ...... 34 84 ...... 84 76 ...... 76

 Bureau of Labor Statistics 72 ...... 72 141 ...... 141 118 ...... 118

 Departmental Management 114 ...... 114 276 ...... 276 231 ...... 231

 Other 29 ...... 29 72 ...... 72 67 ...... 67

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

 Intrabudgetary Transactions -9 ...... -9 -87 ...... -87 -98 ...... -98

 Total--Department of Labor 4,253 207 4,046 10,226 5,062 5,164 10,899 5,327 5,573

Department of State:

 Administration of Foreign Affairs:

 Diplomatic and Consular Programs 710 ...... 710 2,451 ...... 2,451 1,766 ...... 1,766

 Educational and Cultural Exchange Programs 47 ...... 47 173 ...... 173 182 ...... 182

 Embassy Security, Construction, and Maintenance 117 ...... 117 432 ...... 432 499 ...... 499

 Payment to Foreign Service Retirement and Disability

 Fund ...... ...... ...... 30 ...... 30 ...... ...... ......

 Foreign Service Retirement and Disability Fund 80 ...... 80 240 ...... 240 237 ...... 237

 Other 265 ...... 265 551 ...... 551 456 ...... 456

 Total--Administration of Foreign Affairs 1,220 ...... 1,220 3,877 ...... 3,877 3,140 ...... 3,140

 International Organizations and Conferences 255 ...... 255 1,504 ...... 1,504 742 ...... 742

 Global Health and Child Survival 519 ...... 519 2,374 ...... 2,374 2,150 ...... 2,150

 Migration and Refugee Assistance 121 ...... 121 824 ...... 824 476 ...... 476

 International Narcotics Control and Law Enforcement 86 ...... 86 261 ...... 261 267 ...... 267

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

 Other 41 ...... 41 121 ...... 121 109 ...... 109

 Proprietary Receipts from the Public ...... 232 -232 ...... 704 -704 ...... 4 -4

 Intrabudgetary Transactions 28 ...... 28 48 ...... 48 49 ...... 49

 Total--Department of State 2,270 232 2,038 9,009 704 8,305 6,933 4 6,929

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, December 2018 and Other Periods - Continued

[$ millions]

Department of Transportation:

 Office of the Secretary 65 ...... 65 157 ...... 157 217 ...... 217

 Federal Aviation Administration:

 Operations 327 ...... 327 826 ...... 826 -123 ...... -123

 Airport and Airway Trust Fund:

 Grants-In-Aid for Airports 286 ...... 286 1,018 ...... 1,018 848 ...... 848

 Facilities and Equipment 279 ...... 279 715 ...... 715 633 ...... 633

 Research, Engineering, and Development 11 ...... 11 34 ...... 34 36 ...... 36

 Trust Fund Share of FAA Operations 750 ...... 750 1,800 ...... 1,800 2,378 ...... 2,378

 Total--Airport and Airway Trust Fund 1,326 ...... 1,326 3,568 ...... 3,568 3,895 ...... 3,895

 Other 33 4 28 40 7 33 43 5 38

 Total--Federal Aviation Administration 1,685 4 1,681 4,433 7 4,427 3,815 5 3,809

 Federal Highway Administration:

 Highway Trust Fund:

 Federal-Aid Highways 3,060 ...... 3,060 10,860 ...... 10,860 10,604 ...... 10,604

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

 Other Programs 89 ...... 89 310 ...... 310 138 ...... 138

 Total--Federal Highway Administration 3,150 ...... 3,150 11,171 ...... 11,171 10,743 ...... 10,743

 Federal Motor Carrier Safety Administration 55 ...... 55 141 ...... 141 127 ...... 127

 National Highway Traffic Safety Administration 124 ...... 124 302 ...... 302 288 ...... 288

 Federal Railroad Administration:

 Capital and Debt Service Grants to the National Railroad

 Passenger Corporation ...... ...... ...... 1 ...... 1 58 ...... 58

 Other 390 ...... 390 438 ...... 438 343 ...... 343

 Total--Federal Railroad Administration 390 ...... 390 439 ...... 439 402 ...... 402

 Federal Transit Administration:

 Formula Grants 1 ...... 1 3 ...... 3 4 ...... 4

 Capital Investment Grants 82 ...... 82 308 ...... 308 597 ...... 597

 Transit Formula Grants 639 ...... 639 2,059 ...... 2,059 2,207 ...... 2,207

 Other 61 ...... 61 235 ...... 235 180 ...... 180

 Total--Federal Transit Administration 784 ...... 784 2,604 ...... 2,604 2,988 ...... 2,988

 Maritime Administration 66 2 64 -107 3 -110 96 (**) 96

 Other 49 2 47 136 10 126 123 8 114

 Proprietary Receipts from the Public ...... 5 -5 ...... 35 -35 ...... 34 -34

 Intrabudgetary Transactions:

 Other (**) ...... (**) (**) ...... (**) -94 ...... -94

 Offsetting Governmental Receipts ...... (**) (**) ...... 3 -3 ...... 1 -1

 Total--Department of Transportation 6,367 14 6,353 19,276 56 19,220 18,706 48 18,657

Department of the Treasury:

 Departmental Offices:

 Exchange Stabilization Fund 12 45 -34 18 131 -113 21 65 -44

 Grants for Specified Energy Property in Lieu of Tax

 Credit ...... ...... ...... ...... ...... ...... 16 ...... 16

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

 Troubled Asset Relief Program 115 ...... 115 393 ...... 393 730 ...... 730

 Other 122 ...... 122 325 ...... 325 287 ...... 287

 Bureau of the Fiscal Service:

 Payment to the Resolution Funding Corporation ...... ...... ...... 662 ...... 662 662 ...... 662

 Financial Agent Services 60 ...... 60 193 ...... 193 186 ...... 186

 Claims, Judgements, and Relief Acts 422 ...... 422 692 ...... 692 617 ...... 617

 Other 198 (**) 198 321 (**) 321 1,082 (**) 1,082

 Total--Bureau of the Fiscal Service 680 (**) 680 1,868 (**) 1,868 2,547 (**) 2,547

 Federal Financing Bank -261 ...... -261 -667 ...... -667 -240 ...... -240

 Alcohol and Tobacco Tax and Trade Bureau:

 Salaries and Expenses 12 ...... 12 30 ...... 30 27 ...... 27

 Internal Revenue Collections for Puerto Rico 37 ...... 37 106 ...... 106 77 ...... 77

 Bureau of Engraving and Printing -45 ...... -45 -44 ...... -44 -20 ...... -20

 United States Mint 126 77 49 382 413 -32 379 533 -154

 Internal Revenue Service:

 Taxpayer Services 265 ...... 265 640 ...... 640 487 ...... 487

 Enforcement 525 ...... 525 1,219 ...... 1,219 1,068 ...... 1,068

 Operations Support 401 ...... 401 1,158 ...... 1,158 930 ...... 930

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, December 2018 and Other Periods - Continued

[$ millions]

Department of the Treasury: - Continued

 Build America Bond Payments, Recovery Act 195 ...... 195 866 ...... 866 1,006 ...... 1,006

 Refundable Premium Tax Credits and Cost Sharing

 Reductions 5,304 ...... 5,304 13,136 ...... 13,136 9,049 ...... 9,049

 Payment Where Earned Income Credit Exceeds Liability for

 Tax 44 ...... 44 402 ...... 402 274 ...... 274

 Payment Where Child Tax Credit Exceeds Liability for Tax 16 ...... 16 171 ...... 171 122 ...... 122

 Payment Where American Opportunity Tax Credit Exceeds

 Liability for Tax -8 ...... -8 10 ...... 10 21 ...... 21

 Refunding Internal Revenue Collections, Interest 144 ...... 144 484 ...... 484 539 ...... 539

 Other 449 (**) 449 1,169 (**) 1,169 961 (**) 961

 Total--Internal Revenue Service 7,336 (**) 7,336 19,256 (**) 19,256 14,458 (**) 14,457

 Comptroller of the Currency 101 2 99 283 19 264 409 14 396

 Interest on the Public Debt:

 Interest on Treasury Debt Securities (Gross):

 Public Issues (Accrual Basis) 33,357 ...... 33,357 94,457 ...... 94,457 82,506 ...... 82,506

 Special Issues (Cash Basis) 63,845 ...... 63,845 69,764 ...... 69,764 63,747 ...... 63,747

 Total--Interest on Treasury Debt Securities (Gross) 97,203 ...... 97,203 164,221 ...... 164,221 146,253 ...... 146,253

 Total--Interest on the Public Debt 97,203 ...... 97,203 164,221 ...... 164,221 146,253 ...... 146,253

 Other 11 ...... 11 30 ...... 30 26 ...... 26

 Proprietary Receipts from the Public ...... 7,538 -7,538 ...... 7,760 -7,760 ...... 4,077 -4,077

 Intrabudgetary Transactions -325 ...... -325 -510 ...... -510 -549 ...... -549

 Total--Department of the Treasury 105,123 7,662 97,460 185,691 8,324 177,367 164,420 4,689 159,731

Department of Veterans Affairs:

 Joint DOD-VA Medical Facility Demonstration Fund 34 ...... 34 111 ...... 111 94 ...... 94

 Veterans Health Administration:

 Veterans Choice Fund, Veterans Health Administration 346 ...... 346 1,064 ...... 1,064 1,042 ...... 1,042

 Medical Services 4,816 ...... 4,816 15,816 ...... 15,816 14,266 ...... 14,266

 Medical Support and Compliance 514 ...... 514 1,754 ...... 1,754 1,616 ...... 1,616

 Medical Facilities 476 ...... 476 1,511 ...... 1,511 1,380 ...... 1,380

 Other 111 27 83 341 111 229 340 118 222

 Benefits Programs:

 Public Enterprise Funds:

 Housing Accounts (**) 1 -1 (**) 3 -3 1 3 -2

 Other 62 72 -10 219 223 -4 224 228 -4

 Compensation and Pensions 8,161 ...... 8,161 31,385 ...... 31,385 22,009 ...... 22,009

 Readjustment Benefits 781 ...... 781 4,283 ...... 4,283 3,631 ...... 3,631

 Veterans Housing Benefit Program Fund 7 ...... 7 21 ...... 21 101 ...... 101

 Insurance Funds:

 National Service Life 56 ...... 56 172 ...... 172 185 ...... 185

 Veterans Special Life 14 32 -17 43 34 9 43 39 4

 Other 8 ...... 8 20 ...... 20 24 ...... 24

 Total--Benefits Programs 9,091 104 8,986 36,143 260 35,883 26,218 270 25,949

 Departmental Administration:

 Construction 291 ...... 291 429 ...... 429 418 ...... 418

 Information Technology Systems 303 ...... 303 1,130 ...... 1,130 1,132 ...... 1,132

 General Operating Expenses 341 ...... 341 1,102 (**) 1,102 925 (**) 925

 Other 147 ...... 147 433 ...... 433 451 ...... 451

 Proprietary Receipts from the Public:

 National Service Life ...... -3 3 ...... 4 -4 ...... 12 -12

 Other ...... 291 -291 ...... 974 -974 ...... 893 -893

 Intrabudgetary Transactions 13 ...... 13 -3 ...... -3 -19 ...... -19

 Total--Department of Veterans Affairs 16,483 420 16,063 59,830 1,350 58,481 47,863 1,293 46,570

Corps of Engineers:

 Construction -53 ...... -53 266 ...... 266 323 ...... 323

 Operation and Maintenance 260 ...... 260 773 ...... 773 768 ...... 768

 Flood Control and Coastal Emergencies -34 ...... -34 380 ...... 380 485 ...... 485

 Rivers and Harbors Contributed Funds 26 ...... 26 88 ...... 88 94 ...... 94

 Other 133 ...... 133 344 ...... 344 275 ...... 275

 Proprietary Receipts from the Public ...... 68 -68 ...... 174 -174 ...... 340 -340

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

 Total--Corps of Engineers 331 68 264 1,851 174 1,676 1,944 340 1,604

Other Defense Civil Programs:

 Military Retirement:

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, December 2018 and Other Periods - Continued

[$ millions]

Other Defense Civil Programs: - Continued

 Payment to Military Retirement Fund ...... ...... ...... 87,996 ...... 87,996 82,877 ...... 82,877

 Military Retirement Fund 5,066 ...... 5,066 19,525 ...... 19,525 14,599 ...... 14,599

 Retiree Health Care:

 Payment to Department of Defense Medicare-Eligible

 Retiree Health Care Fund ...... ...... ...... 5,720 ...... 5,720 6,567 ...... 6,567

 Department of Defense Medicare-Eligible Retiree Health

 Care Fund 674 ...... 674 2,548 ...... 2,548 2,467 ...... 2,467

 Educational Benefits 20 ...... 20 67 ...... 67 76 ...... 76

 Other 24 ...... 24 86 ...... 86 68 ...... 68

 Proprietary Receipts from the Public ...... 2 -2 ...... 6 -6 ...... 5 -5

 Intrabudgetary Transactions -375 ...... -375 -96,068 ...... -96,068 -89,869 ...... -89,869

 Total--Other Defense Civil Programs 5,408 2 5,406 19,874 6 19,868 16,785 5 16,780

Environmental Protection Agency:

 Science and Technology 20 ...... 20 138 ...... 138 149 ...... 149

 Environmental Programs and Management 216 ...... 216 699 ...... 699 645 ...... 645

 State and Tribal Assistance Grants 460 ...... 460 1,149 ...... 1,149 1,265 ...... 1,265

 Payment to the Hazardous Substance Superfund 42 ...... 42 246 ...... 246 314 ...... 314

 Hazardous Substance Superfund 71 ...... 71 302 ...... 302 294 ...... 294

 Other 28 3 26 8 6 2 83 8 75

 Proprietary Receipts from the Public ...... 11 -11 ...... 47 -47 ...... 81 -81

 Intrabudgetary Transactions -14 ...... -14 -186 ...... -186 -248 ...... -248

 Offsetting Governmental Receipts ...... 1 -1 ...... 4 -4 ...... 5 -5

 Total--Environmental Protection Agency 824 15 808 2,356 57 2,299 2,501 93 2,408

Executive Office of the President:

 The White House 4 ...... 4 14 ...... 14 14 ...... 14

 Office of Management and Budget 9 ...... 9 29 ...... 29 25 ...... 25

 Unanticipated Needs 1 ...... 1 6 ...... 6 8 ...... 8

 Other 18 ...... 18 60 ...... 60 52 ...... 52

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

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

 Total--Executive Office of the President 33 (**) 33 110 (**) 110 99 (**) 99

General Services Administration:

 Real Property Activities -224 ...... -224 -121 ...... -121 -133 ...... -133

 Supply and Technology Activities -100 ...... -100 -67 ...... -67 186 ...... 186

 General Activities 17 ...... 17 79 ...... 79 63 ...... 63

 Proprietary Receipts from the Public ...... -7 7 ...... 3 -3 ...... 24 -24

 Intrabudgetary Transactions -6 ...... -6 -8 ...... -8 -2 ...... -2

 Total--General Services Administration -314 -7 -307 -118 3 -120 115 24 91

International Assistance Programs:

 Millennium Challenge Corporation 60 ...... 60 205 ...... 205 170 ...... 170

 International Security Assistance:

 Pakistan Counterinsurgency Capability Fund ...... ...... ...... ...... ...... ...... 5 ...... 5

 Foreign Military Financing Program 128 ...... 128 2,082 ...... 2,082 1,087 ...... 1,087

 Economic Support Fund 999 ...... 999 1,657 ...... 1,657 1,385 ...... 1,385

 Other 181 7 175 424 7 417 295 6 289

 Total--International Security Assistance 1,308 7 1,302 4,163 7 4,156 2,773 6 2,766

 Multilateral Assistance:

 Other 4 ...... 4 303 ...... 303 295 ...... 295

 Total--Multilateral Assistance 4 ...... 4 303 ...... 303 295 ...... 295

 Agency for International Development:

 Development Assistance Program 187 ...... 187 568 ...... 568 570 ...... 570

 Assistance for Europe, Eurasia and Central Asia 41 ...... 41 144 ...... 144 131 ...... 131

 International Disaster Assistance 134 ...... 134 798 ...... 798 731 ...... 731

 Operating Expenses 152 ...... 152 351 ...... 351 273 ...... 273

 Other 147 31 115 414 41 373 171 ...... 171

 Proprietary Receipts from the Public ...... 17 -17 ...... 137 -137 ...... (**) (**)

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

 Total--Agency for International Development 659 49 611 2,272 178 2,094 1,875 (**) 1,875

 Overseas Private Investment Corporation:

 Overseas Private Investment Corporation Accounts 7 6 1 23 35 -11 31 44 -13

 Proprietary Receipts from the Public ...... 30 -30 ...... 77 -77 ...... 43 -43

 Total--Overseas Private Investment Corporation 7 37 -30 23 112 -88 31 87 -56

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, December 2018 and Other Periods - Continued

[$ millions]

International Assistance Programs: - Continued

 Peace Corps 37 (**) 36 108 1 107 107 1 106

 Military Sales Program:

 Foreign Military Sales Trust Fund 3,419 ...... 3,419 8,596 ...... 8,596 8,060 ...... 8,060

 Other -3 ...... -3 32 (**) 32 16 (**) 16

 Proprietary Receipts from the Public ...... 5,860 -5,860 ...... 11,936 -11,936 ...... 7,494 -7,494

 Other 11 (**) 11 32 1 31 32 (**) 32

 Total--International Assistance Programs 5,503 5,952 -449 15,732 12,234 3,498 13,359 7,589 5,770

National Aeronautics and Space Administration:

 Science 441 ...... 441 1,571 ...... 1,571 1,457 ...... 1,457

 Aeronautics 39 ...... 39 167 ...... 167 155 ...... 155

 Exploration 383 ...... 383 1,097 ...... 1,097 1,098 ...... 1,098

 Cross Agency Support 273 ...... 273 802 ...... 802 681 ...... 681

 Space Operations 710 ...... 710 1,452 ...... 1,452 1,559 ...... 1,559

 Other 148 ...... 148 397 ...... 397 362 ...... 362

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

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

 Total--National Aeronautics and Space Administration 1,992 (**) 1,992 5,486 1 5,486 5,311 (**) 5,311

National Science Foundation:

 Research and Related Activities 464 ...... 464 1,356 ...... 1,356 1,323 ...... 1,323

 Education and Human Resources 62 ...... 62 229 ...... 229 217 ...... 217

 Other 76 ...... 76 163 ...... 163 167 ...... 167

 Proprietary Receipts from the Public ...... 1 -1 ...... 13 -13 ...... 9-9

 Total--National Science Foundation 601 1 601 1,748 13 1,735 1,708 9 1,699

Office of Personnel Management:

 Government Payment for Annuitants, Employees Health and

 Life Insurance Benefits 1,386 ...... 1,386 3,575 ...... 3,575 3,178 ...... 3,178

 Postal Service Retiree Health Benefits Fund ...... ...... ...... 618 ...... 618 876 ...... 876

 Civil Service Retirement and Disability Fund 7,096 ...... 7,096 21,645 ...... 21,645 21,018 ...... 21,018

 Employees Life Insurance Fund 253 316 -63 749 938 -188 692 880 -188

 Employees and Retired Employees Health Benefits Fund 4,663 4,801 -138 14,043 14,247 -204 13,065 13,456 -391

 Other 97 ...... 97 214 ...... 214 113 ...... 113

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

 Intrabudgetary Transactions:

 Postal Service Contributions -628 ...... -628 -635 ...... -635 -672 ...... -672

 Civil Service Retirement and Disability Fund:

 Other -4 ...... -4 -10 ...... -10 -9 ...... -9

 Total--Office of Personnel Management 12,864 5,117 7,746 40,201 15,186 25,015 38,260 14,337 23,924

Small Business Administration:

 Salaries and Expenses 83 ...... 83 212 (**) 212 277 (**) 277

 Business Loans Program (**) (**) (**) 1 (**) 1 2 -2 3

 Disaster Loans Program 25 (**) 25 76 (**) 76 114 (**) 114

 Other 20 2 18 54 6 48 51 6 45

 Proprietary Receipts from the Public ...... -3 3 ...... -3 3 ...... 30 -30

 Intrabudgetary Transactions 1 ...... 1 1 ...... 1 -6 ...... -6

 Total--Small Business Administration 129 -2 131 344 2 342 437 34 403

Social Security Administration:

 Payments to Social Security Trust Funds 30 ...... 30 8,672 ...... 8,672 9,363 ...... 9,363

 Supplemental Security Income Program 5,038 ...... 5,038 19,219 ...... 19,219 14,591 ...... 14,591

 Federal Old-Age and Survivors Insurance Trust Fund

 (Off-Budget):

 Benefit Payments 71,460 ...... 71,460 214,217 ...... 214,217 202,356 ...... 202,356

 Administrative Expenses 396 ...... 396 1,000 ...... 1,000 904 ...... 904

 Total--Federal Old-Age and Survivors Insurance Trust

 Fund (Off-Budget) 71,855 ...... 71,855 215,217 ...... 215,217 203,260 ...... 203,260

 Federal Disability Insurance Trust Fund (Off-Budget):

 Benefit Payments 11,800 ...... 11,800 35,403 ...... 35,403 35,302 ...... 35,302

 Administrative Expenses 243 ...... 243 748 ...... 748 652 ...... 652

 Total--Federal Disability Insurance Trust Fund

 (Off-Budget) 12,042 ...... 12,042 36,151 ...... 36,151 35,954 ...... 35,954

 Other 11 ...... 11 50 ...... 50 48 ...... 48

 Proprietary Receipts from the Public:

 On-Budget ...... 192 -192 ...... 586 -586 ...... 571 -571

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, December 2018 and Other Periods - Continued

[$ millions]

Social Security Administration: - Continued

 Off-Budget ...... 3 -3 ...... 9 -9 ...... 9 -9

 Intrabudgetary Transactions:

 Off-Budget 1 -30 ...... -30 -8,672 ...... -8,672 -9,363 ...... -9,363

 Total--Social Security Administration 88,948 195 88,752 270,638 595 270,043 253,854 580 253,274

Independent Agencies:

 Broadcasting Board of Governors 62 (**) 62 198 (**) 198 184 (**) 184

 Bureau of Consumer Financial Protection 43 ...... 43 106 (**) 106 133 ...... 133

 Corporation for National and Community Service 72 (**) 71 235 (**) 234 237 1 236

 Corporation for Public Broadcasting ...... ...... ...... 465 ...... 465 451 ...... 451

 District of Columbia:

 Courts 22 ...... 22 74 (**) 74 84 ...... 84

 General and Special Payments 49 (**) 49 134 18 116 127 15 112

 Equal Employment Opportunity Commission 31 (**) 31 103 (**) 102 87 (**) 87

 Export-Import Bank of the United States 8 -8 15 21 -8 28 12 3 9

 Federal Communications Commission:

 Universal Service Fund 749 ...... 749 2,649 ...... 2,649 2,445 ...... 2,445

 Other 68 1 67 106 7 99 15 6 9

 Federal Deposit Insurance Corporation:

 Deposit Insurance Fund -2,609 ...... -2,609 -2,747 ...... -2,747 -5,050 ...... -5,050

 FSLIC Resolution Fund (**) 2 -2 (**) 5 -5 (**) 2 -2

 Total--Federal Deposit Insurance Corporation -2,609 2 -2,610 -2,747 5 -2,752 -5,050 2 -5,052

 Federal Drug Control Programs 24 ...... 24 67 ...... 67 68 ...... 68

 Federal Housing Finance Agency 22 ...... 22 71 ...... 71 63 ...... 63

 Institute of Museum and Library Services 24 ...... 24 63 (**) 63 59 (**) 59

 Intelligence Community Management Account 43 ...... 43 114 ...... 114 99 ...... 99

 Legal Services Corporation 35 ...... 35 111 ...... 111 105 ...... 105

 National Archives and Records Administration 35 2 33 103 5 98 109 10 99

 National Credit Union Administration 43 29 15 328 609 -281 411 1,542 -1,131

 National Endowment for the Arts 13 (**) 13 38 (**) 38 39 (**) 39

 National Endowment for the Humanities 12 1 11 32 1 31 33 (**) 33

 National Labor Relations Board 18 (**) 18 70 (**) 70 66 (**) 66

 Nuclear Regulatory Commission 64 35 29 225 195 30 211 205 5

 Postal Service:

 Off-Budget:

 Public Enterprise Funds 6,585 6,724 -139 20,433 19,962 471 18,947 19,169 -221

 Other 10 ...... 10 58 ...... 58 61 ...... 61

 Railroad Retirement Board:

 Federal Windfall Subsidy 1 ...... 1 4 ...... 4 5 ...... 5

 Federal Payments to the Railroad Retirement Accounts (**) ...... (**) 231 ...... 231 179 ...... 179

 Railroad Unemployment Insurance Trust Fund:

 Benefit Payments 7 ...... 7 22 ...... 22 28 ...... 28

 Transfer To Administrative Funds 2 ...... 2 6 ...... 6 4 ...... 4

 Rail Industry Pension Fund:

 Benefit Payments 458 ...... 458 1,375 ...... 1,375 1,344 ...... 1,344

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

 Transfer to Administrative Funds 8 ...... 8 27 ...... 27 18 ...... 18

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

 National Railroad Retirement Investment Trust:

 Administrative Expenses 6 ...... 6 13 ...... 13 21 ...... 21

 Transfers to the Railroad Retirement Trust Funds from

 the National Railroad Retirement Investment Trust ...... ...... ...... 364 ...... 364 618 ...... 618

 Railroad Social Security Equivalent Benefit Account:

 Benefit Payments 604 ...... 604 1,814 ...... 1,814 1,786 ...... 1,786

 Transfer To Administrative Funds 3 ...... 3 9 ...... 9 7 ...... 7

 Other 1 ...... 1 -22 ...... -22 4 ...... 4

 Proprietary Receipts from the Public ...... 209 -209 ...... -983 983 ...... 1,055 -1,055

 Intrabudgetary Transactions:

 Other -1 ...... -1 -597 ...... -597 -797 ...... -797

 Total--Railroad Retirement Board 1,088 209 880 3,247 -983 4,230 3,215 1,055 2,159

 Securities and Exchange Commission 137 40 97 527 41 486 397 (**) 396

 Smithsonian Institution 101 (**) 101 259 (**) 259 254 (**) 254

 Tennessee Valley Authority 4,040 4,098 -58 12,481 12,379 102 10,929 10,933 -3

 Other 195 43 153 804 183 621 811 137 674

 Total--Independent Agencies 10,986 11,175 -188 40,375 32,416 7,958 34,604 33,079 1,525

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, December 2018 and Other Periods - Continued

[$ millions]

Undistributed Offsetting Receipts:

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

 Employer Share, Employee Retirement:

 Department of Health and Human Services:

 Federal Hospital Insurance Trust Fund:

 Federal Employer Contributions -337 ...... -337 -1,009 ...... -1,009 -947 ...... -947

 Postal Service Employer Contributions -53 ...... -53 -157 ...... -157 -174 ...... -174

 Department of State:

 Foreign Service Retirement and Disability Fund -30 ...... -30 -85 ...... -85 -82 ...... -82

 Other Defense Civil Programs:

 Military Retirement Fund -1,487 ...... -1,487 -12,717 ...... -12,717 -11,198 ...... -11,198

 Department of Defense Medicare-Eligible Retiree Health

 Care Fund ...... ...... ...... -7,763 ...... -7,763 -8,384 ...... -8,384

 Office of Personnel Management:

 Civil Service Retirement and Disability Fund -2,894 ...... -2,894 -8,242 ...... -8,242 -7,592 ...... -7,592

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust Fund:

 Federal Employer Contributions -1,151 ...... -1,151 -3,453 ...... -3,453 -3,282 ...... -3,282

 Federal Disability Insurance Trust Fund:

 Federal Employer Contributions -272 ...... -272 -816 ...... -816 -775 ...... -775

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

 Total--Employer Share, Employee Retirement -6,224 ...... -6,224 -34,242 ...... -34,242 -32,435 ...... -32,435

 Interest Received by Trust Funds:

 Judicial Branch:

 Judicial Survivors Annuity Fund (**) ...... (**) -1 ...... -1 1 ...... 1

 Department of Health and Human Services:

 Federal Hospital Insurance Trust Fund -3,342 ...... -3,342 -3,402 ...... -3,402 -3,588 ...... -3,588

 Federal Supplementary Medical Insurance Trust Fund -1,108 ...... -1,108 -1,251 ...... -1,251 -1,060 ...... -1,060

 Department of Homeland Security:

 Oil Spill Liability Trust Fund -11 ...... -11 -40 ...... -40 -24 ...... -24

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

 Department of Labor:

 Unemployment Trust Fund -799 ...... -799 -834 ...... -834 -666 ...... -666

 Department of State:

 Foreign Service Retirement and Disability Fund -274 ...... -274 -276 ...... -276 -272 ...... -272

 Department of Transportation:

 Airport and Airway Trust Fund -136 ...... -136 -153 ...... -153 -127 ...... -127

 Department of Veterans Affairs:

 National Service Life Insurance Fund -54 ...... -54 -55 ...... -55 -66 ...... -66

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

 Corps of Engineers -15 ...... -15 -56 ...... -56 -42 ...... -42

 Other Defense Civil Programs:

 Military Retirement Fund -2,242 ...... -2,242 -2,513 ...... -2,513 -720 ...... -720

 Educational Benefits Fund -1 ...... -1 12 ...... 12 -9 ...... -9

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

 Environmental Protection Agency -3 ...... -3 -8 ...... -8 -4 ...... -4

 Office of Personnel Management:

 Civil Service Retirement and Disability Fund -12,891 ...... -12,891 -12,915 ...... -12,915 -12,765 ...... -12,765

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust Fund -39,406 ...... -39,406 -39,753 ...... -39,753 -40,681 ...... -40,681

 Federal Disability Insurance Trust Fund -1,320 ...... -1,320 -1,379 ...... -1,379 -978 ...... -978

 Independent Agencies:

 Railroad Retirement Board -6 ...... -6 -9 ...... -9 -14 ...... -14

 Other (**) ...... (**) -5 ...... -5 -3 ...... -3

 Other -96 ...... -96 -265 ...... -265 -188 ...... -188

 Total--Interest Received by Trust Funds -61,702 ...... -61,702 -62,912 ...... -62,912 -61,213 ...... -61,213

 Rents and Royalties on the Outer Continental Shelf Lands ...... 389 -389 ...... 1,916 -1,916 ...... 1,122 -1,122

 Total--Undistributed Offsetting Receipts -67,926 389 -68,315 -97,154 1,916 -99,071 -93,648 1,122 -94,770

Total Outlays 373,764 47,641 326,123 1,215,584 125,414 1,090,170 1,105,994 111,528 994,466

 Total On-Budget 325,450 40,914 284,536 997,798 105,443 892,355 902,852 92,350 810,502

 Total Off-Budget 48,314 6,727 41,588 217,786 19,971 197,815 203,142 19,178 183,964

Total Surplus (+) or Deficit (-) -13,539 -318,933 -224,954

 Total On-Budget -41,537 -319,105 -227,308

 Total Off-Budget +27,997 +172 +2,354

23
Table 5. Outlays of the U.S. Government, December 2018 and Other Periods - Continued

[$ millions]

MEMORANDUM

Receipts Offset Against Outlays (In Millions)

Current Comparable

Fiscal Year to Period Prior

Date Fiscal Year

Proprietary Receipts 63,731 50,665

Intrabudgetary Transactions 285,064 270,864

Governmental Receipts 3,030 2,783

 Total Receipts Offset Against Outlays 351,826 324,312

1 Includes FICA and SECA tax credits, non-contributory military service credits, Note: Details may not add to totals due to rounding.

special benefits for the aged and credit for the unnegotiated OASI benefit ... No Transactions

checks. (**) 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, December 2018 and Other Periods

[$ millions]

Liability Accounts:

 Borrowing from the Public:

 Treasury Securities, Issued Under General Financing Authorities:

 Debt Held by the Public 57,348 340,512 141,292 15,761,154 16,044,317 16,101,666

 Intragovernmental Holdings 66,654 117,526 106,554 5,754,904 5,805,776 5,872,429

 Total Treasury Securities Outstanding 124,002 458,038 247,847 21,516,058 21,850,094 21,974,096

 Plus Premium on Treasury Securities 818 265 -957 27,640 27,087 27,905

 Less Discount on Treasury Securities -654 4,562 2,118 105,827 111,043 110,389

 Total Treasury Securities Net of Premium and Discount 125,473 453,740 244,772 21,437,870 21,766,137 21,891,610

 Agency Securities, Issued Under Special Financing Authorities (See

 Schedule B; for Other Agency Borrowing, See Schedule C) -55 118 27 22,822 22,995 22,940

 Total Federal Securities 125,417 453,858 244,799 21,460,692 21,789,133 21,914,550

 Deduct:

 Federal Securities Held as Investments of Government Accounts

 (See Schedule D) 66,791 116,101 106,567 5,737,252 5,786,563 5,853,354

 Less Discount on Federal Securities Held as Investments of

 Government Accounts -31 1,872 1,224 27,744 29,647 29,616

 Net Federal Securities Held as Investments of Government

 Accounts 66,822 114,229 105,344 5,709,509 5,756,916 5,823,738

 Total Borrowing from the Public 58,595 339,629 139,455 15,751,183 16,032,217 16,090,812

 Accrued Interest Payable to the Public 15,554 -1,572 5,064 73,519 56,393 71,947

 Allocations of Special Drawing Rights 267 -158 382 49,274 48,850 49,117

 Uninvested Balances, Deposit Funds -2,387 378 152,381 20,724 23,489 21,103

 Miscellaneous Liability Accounts (Includes Checks Outstanding Etc.) -1,123 1,587 9 8,528 11,239 10,116

 Total Liability Accounts 70,906 339,866 297,291 15,903,229 16,172,188 16,243,094

Asset Accounts (Deduct)

 Cash and Monetary Assets:

 U.S. Treasury Operating Cash:

 Federal Reserve Account 1 57,264 17,425 69,612 384,713 344,874 402,138

 Balance 57,264 17,425 69,612 384,713 344,874 402,138

 Special Drawing Rights:

 Total Holdings 276 -115 420 50,918 50,526 50,803

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

 Balance 276 -115 420 45,718 45,326 45,603

 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 628 -370 900 4,169 3,171 3,799

 Letter of Credit Issued to IMF 1,836 3,226 98 -103,138 -101,748 -99,912

 Dollar Deposits with the IMF 14 2 -2 -305 -317 -304

 Receivable/Payable (-) for Interim Maintenance of Value

 Adjustments -531 332 -815 3,009 3,872 3,341

 Balance 1,947 3,190 180 15,364 16,606 18,554

 Loans to International Monetary Fund -866 -1,288 -1,760 4,861 4,439 3,573

 Other Cash and Monetary Assets 27 155 61 26,463 26,590 26,617

 Total Cash and Monetary Assets 58,648 19,366 68,514 477,118 437,835 496,484

 Non-Federal Securities of the National Railroad Retirement

 Investment Trust 237 -1,257 421 25,512 24,018 24,254

 Net Activity, Guaranteed Loan Financing (See Schedule E) 449 1,748 -32 4,781 6,080 6,529

 Net Activity, Direct Loan Financing (See Schedule E) -1,509 1,658 2,989 1,372,059 1,375,226 1,373,717

 Miscellaneous Asset Accounts -432 -728 405 -518 -814 -1,246

 Total Asset Accounts 57,392 20,786 72,296 1,878,951 1,842,345 1,899,737

Excess of Liabilities (+) or Assets (-) 13,514 319,079 224,996 14,024,278 14,329,843 14,343,357

Transactions Not Applied to Current Year's Surplus or Deficit (See

 Schedule A for Details) 25 -146 -42 ...... -172 -146

Total Budget and Off-Budget Federal Entities (Financing of Deficit (+)

 or Disposition of Surplus (-)) 13,539 318,933 224,954 14,024,278 14,329,671 14,343,211

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
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, December 2018 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 1 2 2 80 81 81

 Independent Agencies:

 Federal Communications Commission ...... ...... ...... (**) (**) (**)

 National Archives and Records Administration ...... ...... ...... 27 27 27

 Tennessee Valley Authority -56 116 25 22,696 22,869 22,813

 Total Agency Securities -55 118 27 22,822 22,995 22,940

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

... No Transactions

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, December 2018 and Other Periods

[$ millions]

Excess of Liabilities Beginning of Period:

 Based on Composition of Unified Budget in Preceding Period 14,329,843 14,024,278 13,202,375

 Adjustments During Current Fiscal Year for Changes in Composition of

 Unified Budget:

 Revisions by Federal Agencies to the Prior Budget Results ...... (**) 42,742

 Excess of Liabilities Beginning of Period (Current Basis) 14,329,843 14,024,278 13,245,117

 Budget Surplus (-) or Deficit:

 Based on Composition of Unified Budget in Prior Fiscal Year 13,539 318,933 224,954

 Total Surplus (-) or Deficit (Table 2) 13,539 318,933 224,954

 Total-On-Budget (Table 2) 41,537 319,105 227,308

 Total-Off-Budget (Table 2) -27,997 -172 -2,354

 Transactions Not Applied to Current Year's Surplus or Deficit:

 Premium/Discount on Buyback of U.S. Treasury Securities ...... -2 -1

 Other -25 148 42

 Total-Transactions Not Applied to Current Year's Surplus or Deficit -25 146 42

 Excess of Liabilities Close of Period 14,343,357 14,343,357 13,470,112

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

... No Transactions

26
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,

December 2018 and Other Periods

[$ millions]

Borrowing from the US Treasury:

 Department of Agriculture:

 Farm Service Agency:

 Commodity Credit Corporation 2,805 6,765 13,782 9,148 13,108 15,913

 Agricultural Credit Insurance Fund ...... 280 453 12,812 13,092 13,092

 Farm Storage Facility Loans -23 226 180 1,041 1,290 1,267

 Apple Loans Fund ...... ...... ...... (**) (**) (**)

 Emergency Boll Weevil Loan Fund ...... -1 -1 4 4 4

 Rural Housing Service:

 Rural Housing Insurance ...... 187 261 17,652 17,839 17,839

 Rural Community Facility Loans Fund ...... 300 413 8,731 9,031 9,031

 Multifamily Housing Revitalization Loan Account ...... 18 10 414 432 432

 Rural Business - Cooperative Service:

 Rural Business and Industry Loans ...... ...... ...... 57 57 57

 Rural Development Loan Fund ...... 2 3 286 287 287

 Rural Economic Development Loan Fund ...... 5 12 186 192 192

 Renewable Energy Guaranteed Loan Account ...... ...... ......111

 Rural Microenterprise Investment Loans ...... (**) 3 38 39 39

 Biorefinery Assistance Loan Account ...... ...... ...... 15 15 15

 Rural Utilities Service:

 Rural Water and Waste Disposal Fund ...... 172 193 12,514 12,687 12,687

 Rural Electrification and Telecommunications Fund ...... 141 92 5,907 6,048 6,048

 Rural Telephone Bank ...... ...... ...... 119 119 119

 Distance Learning and Telemedicine Program ...... 1 1 785 785 785

 Foreign Agricultural Service ...... ...... ...... 453 453 453

 Department of Commerce:

 National Oceanic and Atmospheric Administration:

 Fisheries Finance 1 2 54 453 453 454

 Department of Defense--Military Programs:

 Family Housing Improvement Loans ...... ...... 25 1,685 1,685 1,685

 Department of Education:

 College Housing and Academic Facilities Loans ...... ...... ...... 19 19 19

 Federal Direct Student Loans 22,665 72,278 70,306 1,173,744 1,223,356 1,246,022

 Teach Grant Loans -2 13 13 609 625 622

 Temporary Student Loan Purchase Authority -13 -872 -184 45,247 44,389 44,375

 Federal Family Education Loans ...... ...... ...... 38,880 38,880 38,880

 Department of Energy:

 Bonneville Power Administration Fund -80 -133 ...... 5,531 5,478 5,398

 Western Area Power Administration - Recovery Act ...... ...... ...... 97 97 97

 Title 17 Innovative Technology Loans ...... 2 ...... 514 516 516

 Department of Health and Human Services:

 Consumer Operated and Oriented Plan ...... ...... ...... 407 407 407

 Consumer Operated and Oriented Plan Program Contingency Fund ...... ...... ...... 65 65 65

 Department of Homeland Security:

 National Flood Insurance Fund ...... ...... -9,900 20,525 20,525 20,525

 Disaster Assistance Loan Fund ...... 1 (**) 16 17 17

 Department of Housing and Urban Development:

 Public and Indian Housing Programs:

 Low-Rent Public Housing - Loans and Other Expenses ...... ...... ...... 116 116 116

 Native Hawaiian Housing Loans ...... (**) ...... 7 7 7

 Housing Programs:

 Emergency Homeowners' Relief Fund ...... ...... ...... (**) (**) (**)

 Federal Housing Administration ...... 25 25 24,709 24,734 24,734

 Green Retrofit Program for Multifamily Housing-Recovery Act ...... ...... ...... 11 11 11

 Department of the Interior:

 Bureau of Indian Affairs and Bureau of Indian Education ...... ...... ...... 18 18 18

 Bureau of Reclamation Loan Fund ...... ...... ...... 30 30 30

 Assistance to American Samoa Loan Fund ...... ...... ...... 8 8 8

 Department of Labor:

 Black Lung Disability Trust Fund ...... ...... ...... 4,566 4,566 4,566

 Department of State:

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,

December 2018 and Other Periods - Continued

[$ millions]

Borrowing from the US Treasury: - Continued

 Repatriation Loans ...... (**) (**) 3 3 3

 Department of Transportation:

 Federal Highway Administration:

 Transportation Infrastructure Finance and Innovation Fund 219 413 799 16,081 16,276 16,495

 Federal Railroad Administration:

 Railroad Rehabilitation and Improvement Loan Fund (**) (**) ...... 477 477 477

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

 Maritime Administration:

 Maritime Guaranteed Loan (Title XI) Fund ...... ...... ...... 152 152 152

 Department of the Treasury:

 Departmental Offices:

 Community Development Financial Institutions Fund 2 4 3 89 91 93

 Temporary Credit and Liquidity Program ...... ...... ...... 4,029 4,029 4,029

 Troubled Asset Relief Program ...... ...... ...... 60 60 60

 Small Business Lending Financing Fund ...... ...... ...... 202 202 202

 Federal Financing Bank Revolving Fund 137 771 266 61,584 62,219 62,355

 Department of Veterans Affairs:

 Veterans Housing Benefit Program Fund ...... 181 95 463 644 644

 Native American Veteran Housing Fund ...... 5 5 71 76 76

 Vocational Rehabilitation Loan Fund ...... 21133

 Corps of Engineers:

 Washington Aqueduct (**) (**) (**) 1 1 (**)

 International Assistance Programs:

 International Security Assistance:

 Foreign Military Loan Program ...... ...... ...... 3,066 3,066 3,066

 Military Debt Reduction ...... ...... ...... 46 46 46

 Agency for International Development:

 International Debt Reduction ...... ...... ...... 36 36 36

 Development Credit Authority Loan Fund ...... ...... ...... 1 1 1

 Overseas Private Investment Corporation 88 157 174 3,475 3,544 3,632

 Small Business Administration:

 Business Loan Fund ...... 2 (**) 2,158 2,160 2,160

 Disaster Loan Fund ...... 1,389 3,388 9,054 10,444 10,444

 Independent Agencies:

 Export-Import Bank of the United States 6 17 115 20,213 20,223 20,229

 Presidio Trust ...... ...... ...... 40 40 40

 Railroad Retirement Board:

 Social Security Equivalent Benefit Account 383 1,074 1,078 3,725 4,417 4,799

 Smithsonian Institution:

 John F. Kennedy Center Parking Facilities ...... ...... ...... 20 20 20

 Total Borrowing from the US Treasury 26,186 83,426 81,665 1,512,469 1,569,709 1,595,896

Borrowing from the Federal Financing Bank:

 Department of Agriculture:

 Rural Utilities Service:

 Rural Electrification and Telecommunications Fund -58 266 67 46,288 46,612 46,554

 Department of Education:

 Historically Black College and University Capital Financing

 Fund -5 -13 33 1,449 1,441 1,436

 Department of Energy:

 Advanced Technology Vehicles Manufacturing Loans -148 -148 -148 2,209 2,209 2,061

 Title 17 Innovative Technology Loans -58 -94 -114 11,067 11,031 10,973

 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 46 105 108 1,666 1,725 1,770

 Department of the Treasury:

 Departmental Offices:

 Community Development Financial Institutions Fund 58 126 75 696 764 822

 Department of Veterans Affairs:

 Guaranteed Transitional Housing Loans for Homeless Veterans ...... ...... ...... 4 4 4

 Independent Agencies:

 Postal Service ...... ...... ...... 13,200 13,200 13,200

 Total Borrowing from the Federal Financing Bank -165 242 21 76,578 76,985 76,820

28

these funds to agencies in lieu of agencies borrowing directly through Treasury

or issuing their own securities.

... No Transactions

(**) Less than absolute value of $500,000

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

Note: This table includes lending by the Federal Financing Bank accomplished by

the purchase of agency financial assets, by the acquisition of agency debt

securities, and by direct loans on behalf of an agency. The Federal Financing

Bank borrows from Treasury and issues its own securities and in turn may loan
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, December 2018 and Other Periods

[$ millions]

Federal Funds:

 Department of Agriculture ...... ...... ...... 221 221 221

 Department of Commerce -3 ...... ...... ...... 3 ......

 Department of Defense--Military Programs:

 Defense Cooperation Account ...... (**) ...... 8 8 8

 Department of Energy -39 -51 -66 56,372 56,360 56,321

 Department of Health and Human Services ...... 10,236 2 ...... 10,236 10,236

 Department of Homeland Security -44 184 ...... 732 961 916

 Department of Housing and Urban Development:

 Housing Programs:

 Federal Housing Administration Fund 485 1,608 2,124 26,975 28,098 28,583

 Government National Mortgage Association:

 Guarantees of Mortgage-Backed Securities 32 -355 -1,353 16,293 15,906 15,938

 Department of the Interior -1,268 -1,221 118 9,642 9,690 8,421

 Department of Justice -1,061 -1,044 538 1,161 1,177 116

 Department of Labor -18 4,056 3,751 31,688 35,763 35,744

 Department of State:

 Foreign Service Retirement and Disability Fund (**) 1 2 17 18 18

 Other (**) (**) (**) 15 15 15

 Department of Transportation 153 13 5 2,289 2,148 2,302

 Department of the Treasury 40 45 64 23,930 23,935 23,975

 Department of Veterans Affairs:

 Veterans Reopened Insurance Fund (**) -3 -4 101 98 99

 Servicemen'S Group Life Insurance Fund (**) (**) (**) 1 1 1

 Other Defense Civil Programs:

 Uniformed Services Retiree Health Care Fund -128 13,680 12,851 240,183 253,991 253,862

 Office of Personnel Management:

 Postal Service Contributions 628 16 -1,074 47,145 46,533 47,161

 Independent Agencies:

 Federal Deposit Insurance Corporation:

 Deposit Insurance Fund 2,603 2,907 5,110 96,431 96,736 99,339

 FSLIC Resolution Fund 2 5 2 852 856 857

 Federal Housing Finance Agency -20 62 59 56 137 117

 National Credit Union Administration -15 290 3,038 15,326 15,631 15,616

 Postal Service 106 -575 35 10,493 9,812 9,918

 Tennessee Valley Authority (**) (**) (**) 25 25 25

 Other

 Treasury Securities -190 -160 -231 13,547 13,577 13,387

 Other 68 -345 1,022 11,288 10,876 10,944

 Total Treasury Securities 1,331 29,351 25,993 604,790 632,810 634,141

 Total Federal Funds 1,331 29,351 25,993 604,790 632,810 634,141

Trust Funds:

 Legislative Branch:

 Library of Congress -1 -1 -1 21 21 20

 United States Tax Court ...... (**) ...... 12 13 13

 Other -1 3 (**) 30 34 34

 Judicial Branch:

 Judicial Retirement Funds -2 11 7 1,220 1,232 1,231

 Department of Agriculture ...... ...... ...... 6 6 6

 Department of Commerce 8 77 4 6,243 6,311 6,320

 Department of Defense--Military Programs:

 Voluntary Separation Incentive Fund -7 -4 -1 112 115 108

 Other -5 443 -20 1,385 1,833 1,828

 Department of Health and Human Services:

 Federal Hospital Insurance Trust Fund 11,792 -2,689 3,946 202,805 188,324 200,116

 Federal Supplementary Medical Insurance Trust Fund 19,397 5,961 16,780 98,197 84,762 104,159

 Other 1 22 109 3,787 3,808 3,809

 Department of Homeland Security 65 226 125 8,507 8,668 8,733

 Department of the Interior -9 -13 4 44 40 32

 Department of Labor:

 Unemployment Trust Fund -1,413 -411 -815 72,576 73,577 72,164

 Other -8 -28 -30 70 50 42

 Department of State:

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, December 2018 and Other Periods - Continued

[$ millions]

Trust Funds: - Continued

 Foreign Service Retirement and Disability Fund 227 158 125 19,184 19,115 19,342

 Other -3 -3 (**) 49 49 46

 Department of Transportation:

 Airport and Airway Trust Fund 81 905 200 14,212 15,036 15,117

 Highway Trust Fund -327 -3,563 -3,020 41,212 37,976 37,649

 Department of the Treasury -98 -251 -405 3,184 3,030 2,933

 Department of Veterans Affairs:

 General Post Fund, National Homes ...... ...... ...... 90 90 90

 National Service Life Insurance -2 -113 -102 3,015 2,904 2,901

 United States Government Life Insurance Fund (**) (**) (**) 2 2 2

 Veterans Special Life Insurance Fund 18 -10 -4 1,487 1,459 1,477

 Corps of Engineers 182 663 446 9,372 9,854 10,035

 Other Defense Civil Programs:

 Military Retirement Fund -1,347 84,215 81,451 743,421 828,982 827,636

 Other -4 -34 -35 1,131 1,101 1,097

 Environmental Protection Agency -58 -57 -8 5,538 5,539 5,481

 National Aeronautics and Space Administration (**) (**) (**) 17 17 16

 Office of Personnel Management:

 Civil Service Retirement and Disability Fund

 Treasury Securities 9,072 697 -20,959 922,994 914,619 923,691

 Employees Life Insurance Fund 63 188 188 46,616 46,742 46,805

 Employees and Retired Employees Health Benefits Fund 136 244 443 27,370 27,477 27,614

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust Fund 24,992 -3,280 168 2,801,254 2,772,982 2,797,974

 Federal Disability Insurance Trust Fund 2,850 3,800 1,955 93,401 94,351 97,201

 Independent Agencies:

 Harry S Truman Scholarship Foundation ...... -1 (**) 52 51 51

 Japan-United States Friendship Commission ...... -1 ...... 36 35 35

 Railroad Retirement Board

 Treasury Securities -308 -305 75 2,619 2,622 2,314

 Other

 Treasury Securities 168 -101 -52 1,196 926 1,095

 Total Treasury Securities 65,460 86,750 80,574 5,132,462 5,153,753 5,219,213

 Total Trust Funds 65,460 86,750 80,574 5,132,462 5,153,753 5,219,213

Grand Total 66,791 116,101 106,567 5,737,252 5,786,563 5,853,354

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

30
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, December 2018 and Other Periods

[$ millions]

Guaranteed Loan Financing Activity:

 Department of Agriculture:

 Farm Service Agency:

 Commodity Credit Corporation Export Fund -2 -19 -18 197 180 178

 Agricultural Credit Insurance Fund (**) 1 2 -200 -199 -199

 Natural Resources Conservation Service:

 Agricultural Resource Conservation Demonstration Program ...... ...... ...... (**) (**) (**)

 Rural Housing Service:

 Rural Community Facility Loans (**) -1 -1 -42 -43 -43

 Rural Housing Insurance Fund -44 -34 61 429 439 395

 Rural Business - Cooperative Service:

 Rural Business and Industry Loans -7 -6 -18 -178 -178 -184

 Renewable Energy Guaranteed Loan Account -1 -3 -2 -48 -50 -51

 Biorefinery Assistance Loan Account ...... -3 -17 -60 -62 -62

 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 ...... ...... ...... -69 -69 -69

 Department of Education:

 Office of Student Financial Assistance:

 Federal Family Education Loans 88 -384 -63 22,125 21,653 21,741

 Department of Energy:

 Title 17 Innovative Technology Loans ...... ...... ...... -138 -138 -138

 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 3 -205 -206 -207

 Native Hawaiian Housing Loans (**) (**) (**) 4 4 4

 Community Planning and Development:

 Community Development Loans (**) (**) (**) -17 -17 -17

 Housing Programs:

 FHA-Mutual Mortgage Insurance Loans 522 2,373 1,133 -3,634 -1,782 -1,261

 FHA-General and Special Risk Fund 195 687 211 -4,353 -3,861 -3,666

 Home Ownership Preservation Entity Fund (**) (**) (**) -17 -17 -17

 Government National Mortgage Association:

 Guarantees of Mortgage-Backed Securities -139 -444 -475 8,964 8,659 8,520

 Department of the Interior:

 Bureau of Indian Affairs and Bureau of Indian Education -1 -2 -1 -21 -22 -23

 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 -18 -29 (**) 34 24 5

 Department of the Treasury:

 Departmental Offices:

 Air Transportation Stabilization Fund ...... ...... ...... (**) (**) (**)

 Troubled Assets Insurance Financing Fund ...... ...... ...... (**) (**) (**)

 Troubled Asset Relief Program ...... (**) (**) -4 -4 -4

 Department of Veterans Affairs:

 Veterans Benefits Administration:

 Veterans Housing Benefit Program Fund -55 -193 -425 -11,299 -11,437 -11,493

 International Assistance Programs:

 Agency for International Development:

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, December 2018 and Other Periods - Continued

[$ millions]

Guaranteed Loan Financing Activity: - Continued

 Ukraine Export Credit Insurance Fund ...... ...... ...... -1,149 -1,149 -1,149

 Loan Guarantees to Israel ...... ...... ...... -1,253 -1,253 -1,253

 Urban and Environmental Credit Guaranteed Loans 1 1 1 -49 -49 -47

 Microenterprise and Small Enterprise Development (**) (**) ...... (**) (**) (**)

 Development Credit Authority Loan Fund 26 -4 -2 -92 -122 -96

 Tunisia Loan Fund ...... 19 ...... -1,105 -1,086 -1,086

 Overseas Private Investment Corporation -23 -13 -38 227 237 214

 Small Business Administration:

 Business Loan Fund -93 -183 -400 -2,324 -2,414 -2,507

 Independent Agencies:

 Export-Import Bank of the United States (**) -14 16 -852 -866 -865

 Net Activity, Guaranteed Loan Financing 449 1,748 -32 4,781 6,080 6,529

Direct Loan Financing Activity:

 Department of Agriculture:

 Farm Service Agency:

 Agricultural Credit Insurance Fund -153 -195 -123 10,663 10,620 10,468

 Farm Storage Facility Loans 17 46 20 788 817 834

 Apple Loans Fund ...... ...... ...... (**) (**) (**)

 Emergency Boll Weevil Loan Fund ...... -1 -1 4 3 3

 Rural Housing Service:

 Rural Community Facility Loans Fund 68 325 285 8,379 8,636 8,704

 Rural Housing Insurance Fund -35 -102 -114 15,710 15,642 15,607

 Multifamily Housing Revitalization Loan Account -1 5 6 380 385 384

 Rural Business - Cooperative Service:

 Rural Business and Industry Loan Fund (**) (**) (**) 6 6 6

 Rural Development Loan Fund -2 -7 -6 279 274 272

 Rural Economic Development Loan Fund 8 8 2 170 170 178

 Rural Microenterprise Investment Loans (**) (**) 2 36 36 36

 Rural Utilities Service:

 Rural Water and Waste Disposal Loans -54 (**) -57 11,558 11,612 11,558

 Rural Electrification and Telecommunications Fund 280 712 -36 49,142 49,574 49,855

 Rural Telephone Bank -1 -4 -9 118 115 114

 Distance Learning and Telemedicine Program -5 -22 -90 767 750 745

 Rural Development Insurance Fund ...... ...... ...... 1,065 1,065 1,065

 Foreign Agricultural Service:

P.L. 480 Direct Loan Fund -25 -47 -50 429 407 382

International Debt Reduction -1 -4 -5 -49 -52 -53

 Department of Commerce:

 National Oceanic and Atmospheric Administration:

 Fisheries Finance -3 -10 30 452 446 442

 Department of Defense--Military Programs -6 -20 5 1,685 1,671 1,665

 Department of Education:

 Office of Postsecondary Education:

 College Housing and Academic Facilities Loans (**) (**) (**) 3 33

 Historically Black College and University Capital Financing

 Fund 9 1 39 1,302 1,295 1,304

 Office of Student Financial Assistance:

 Federal Direct Student Loans -337 3,494 5,306 1,130,378 1,134,209 1,133,872

 Teach Grant Loans -1 2 4 584 586 586

 Temporary Student Loan Purchase Authority -537 -1,662 -1,935 67,335 66,210 65,673

 Department of Energy:

 Advanced Technology Vehicles Manufacturing Loans -148 -148 -148 2,117 2,117 1,970

 Title 17 Innovative Technology Loans -58 -94 -114 10,724 10,688 10,630

 Department of Health and Human Services:

 Consumer Operated and Oriented Plan -4 -4 (**) 391 391 387

 Consumer Operated and Oriented Plan Program Contingency Fund ...... ...... ...... 59 59 59

 Department of Homeland Security:

 Disaster Assistance Loan Fund (**) (**) (**) -28 -27 -27

 Department of Housing and Urban Development:

 Housing Programs:

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, December 2018 and Other Periods - Continued

[$ millions]

Direct Loan Financing Activity: - Continued

 Emergency Homeowners' Relief Fund (**) (**) (**) -2 -2 -2

 FHA-Mutual Mortgage Insurance Loans ...... ...... ...... (**) (**) (**)

 FHA-General and Special Risk Fund 53 119 122 1,764 1,830 1,883

 Green Retrofit Program for Multifamily Housing Fund ...... (**) (**) 10 10 10

 Department of the Interior:

 Bureau of Reclamation ...... ...... ...... 31 31 31

 Bureau of Indian Affairs and Bureau of Indian Education (**) (**) (**) 3 3 3

 Assistance to American Samoa Loan Fund ...... ...... ...... 8 8 8

 Department of State:

 Administration of Foreign Affairs:

 Repatriation Loans (**) (**) (**) 1 1 1

 Department of Transportation:

 Federal Highway Administration:

 Transportation Infrastructure Finance and Innovation Fund -273 -96 577 15,986 16,163 15,890

 Tiger Tifia Loan Fund ...... (**) -482 49 49 49

 Federal Railroad Administration:

 Railroad Rehabilitation and Improvement Loan Fund -3 -11 -7 421 412 410

 Department of the Treasury:

 Departmental Offices:

 Community Development Financial Institutions Fund 59 128 76 783 852 910

 GSE Mortgage-Backed Securities Purchase Program ...... ...... ...... 4,613 4,613 4,613

 Temporary Credit and Liquidity Program -52 -141 -192 3,967 3,878 3,826

 Troubled Asset Relief Program -1 -14 -10 29 16 15

 Small Business Lending Program (**) -5 -20 187 183 183

 Bureau of the Fiscal Service ...... ...... ...... (**) (**) (**)

 Department of Veterans Affairs:

 Veterans Benefits Administration:

 Veterans Housing Benefit Program Fund -3 -9 -4 371 366 362

 Native American Veteran Housing Fund (**) 1 (**) 66 66 66

 Transitional Housing Loans (**) (**) (**) (**) (**) (**)

 Vocational Rehabilitation Loan Fund (**) (**) (**) (**) (**) (**)

 International Assistance Programs:

 International Security Assistance:

 Foreign Military Loan Program 436 537 ...... 2,153 2,254 2,690

 Military Debt Reduction ...... ...... ...... 34 34 34

 Agency for International Development:

 International Debt Reduction ...... -44 -26 -84 -128 -128

 Overseas Private Investment Corporation 2 -26 56 2,480 2,452 2,454

 International Monetary Programs ...... ...... ...... -278 -278 -278

 Small Business Administration:

 Business Loan Fund -1 -2 -7 170 170 169

 Disaster Loan Fund 104 299 533 7,764 7,959 8,063

 Independent Agencies:

 Export-Import Bank of the United States -845 -1,349 -637 17,082 16,578 15,733

 Federal Communications Commission:

 Spectrum Auction Loan Fund (**) (**) (**) (**) (**) (**)

 Net Activity, Direct Loan Financing -1,509 1,658 2,989 1,372,059 1,375,226 1,373,717

net present value in accordance with the Credit Reform Act of 1990. Unreimbursed

costs such as administrative expenses and subsidy payments are reported on a

cash basis and included within each program's budgetary totals in Table 5.

... No Transactions

(**) Less than absolute value of $500,000

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

Note: Federal credit programs provide benefits to the public in the form of

direct loans and loan guarantees. This table reflects cash transactions and

balances of the nonbudgetary financing fund accounts that result from the

disbursement of loans, collection of fees, repayment of principal, sale of

collateral, interest, and subsidy received from the credit program accounts at

33
This Page Intentionally Left Blank

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 2019

[$ millions]

Receipts:

 Individual Income Taxes 128,866 93,371 150,557 372,794 386,413

 Corporation Income Taxes 8,000 -1,646 46,755 53,109 64,208

 Social Insurance and Retirement Receipts:

 Employment and General Retirement 83,255 89,824 93,928 267,007 251,702

 Unemployment Insurance 2,941 2,650 292 5,883 6,222

 Other Retirement 357 446 424 1,227 1,097

 Excise Taxes 14,715 7,535 7,179 29,429 21,570

 Estate and Gift Taxes 1,954 1,405 1,675 5,033 5,267

 Customs Duties 5,551 6,285 5,992 17,827 9,446

 Miscellaneous Receipts 7,053 6,091 5,783 18,927 23,588

 Total--Receipts This Year 252,692 205,961 312,584 771,237 ......

 (On-Budget) 190,915 139,336 242,999 573,250 ......

 (Off-Budget) 61,777 66,625 69,585 197,987 ......

 Total--Receipts Prior Year 235,341 208,374 325,797 ...... 769,512

 (On-Budget) 175,308 143,890 263,995 ...... 583,193

 (Off-Budget) 60,033 64,484 61,801 ...... 186,318

Outlays:

 Legislative Branch 444 372 461 1,278 1,187

 Judicial Branch 672 777 628 2,077 1,978

 Department of Agriculture:

 Commodity Credit Corporation 5,410 3,697 5,930 15,037 13,701

 Foreign Agricultural Service 339 85 109 533 516

 Other 12,562 13,321 9,207 35,090 37,696

 Department of Commerce 660 2,110 1,013 3,783 1,563

 Department of Defense--Military Programs:

 Military Personnel 26,063 15,849 11,052 52,963 46,141

 Operation and Maintenance 20,019 22,206 21,542 63,766 60,334

 International Reconstruction and Other

 Assistance 6 ...... ...... 6 (**)

 Procurement 7,788 10,700 10,199 28,687 29,599

 Research, Development, Test, and Evaluation 7,068 6,483 7,610 21,161 18,421

 Military Construction 806 537 631 1,973 1,904

 Family Housing 76 98 77 251 261

 Revolving and Management Funds 1,210 1,517 398 3,126 1,150

 Other 351 -295 -63 -7 746

 Total Department of Defense--Military Programs 63,386 57,096 51,445 171,926 158,556

 Department of Education 5,097 5,630 6,256 16,983 13,453

 Department of Energy 2,919 1,808 1,895 6,622 6,218

 Department of Health and Human Services:

 National Institutes of Health 2,629 3,660 2,746 9,035 8,411

 Centers for Medicare and Medicaid Services:

 Grants to States for Medicaid 31,891 30,599 33,440 95,930 94,753

 Federal Hospital Insurance Trust Fund 25,734 34,295 16,821 76,849 65,893

 Federal Supplementary Medical Insurance

 Trust Fund 36,559 52,186 17,808 106,554 88,085

 Other 30,669 28,267 30,357 89,293 82,171

 Administration for Children and Families 4,264 4,820 4,594 13,678 12,937

 Other -34,581 -33,221 -34,510 -102,311 -95,011

 Department of Homeland Security 5,338 4,663 6,527 16,527 23,379

 Department of Housing and Urban Development 3,782 3,664 3,954 11,400 10,829

 Department of the Interior 2,130 478 1,063 3,671 3,893

 Department of Justice 1,612 3,279 3,947 8,838 8,680

 Department of Labor:

 Unemployment Trust Fund 2,415 2,217 2,642 7,274 7,661

 Other -4,582 1,069 1,404 -2,109 -2,088

 Department of State 3,000 3,268 2,038 8,305 6,929

 Department of Transportation:

 Highway Trust Fund 3,967 3,833 3,060 10,861 10,605

 Other 2,433 2,633 3,293 8,359 8,052

 Department of the Treasury:

 Interest on Treasury Debt Securities (Gross) 31,648 35,371 97,203 164,221 146,253

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 2019 - Continued

[$ millions]

Outlays: - Continued

 Other 6,097 6,791 258 13,146 13,478

 Department of Veterans Affairs:

 Compensation and Pensions 7,943 15,280 8,161 31,385 22,009

 National Service Life 65 44 59 168 172

 Other 8,832 10,253 7,842 26,928 24,389

 Corps of Engineers 641 771 264 1,676 1,604

 Other Defense Civil Programs 4,747 9,715 5,406 19,868 16,780

 Environmental Protection Agency 730 761 808 2,299 2,408

 Executive Office of the President 32 45 33 110 99

 General Services Administration 47 139 -307 -120 91

 International Assistance Programs:

 International Security Assistance 1,781 1,073 1,302 4,155 2,766

 Multilateral Assistance 304 -6 4 303 295

 Agency for International Development 827 656 611 2,094 1,875

 Other -803 115 -2,366 -3,054 834

 National Aeronautics and Space Administration 1,787 1,707 1,992 5,486 5,311

 National Science Foundation 632 502 601 1,735 1,699

 Office of Personnel Management 9,161 8,108 7,746 25,015 23,924

 Small Business Administration 100 111 131 342 403

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust

 Fund (Off-Budget) 71,770 71,591 71,855 215,217 203,260

 Federal Disability Insurance Trust Fund

 (Off-Budget) 12,175 11,934 12,042 36,151 35,954

 Other 4,707 9,113 4,855 18,675 14,060

 Independent Agencies:

 Deposit Insurance Fund -48 -90 -2,609 -2,747 -5,050

 FSLIC Resolution Fund -2 -2 -2 -5 -2

 Postal Service:

 Off-Budget:

 Public Enterprise Funds 343 267 -139 471 -221

 Other 3 46 10 58 61

 Tennessee Valley Authority 14 146 -58 102 -3

 Other 3,047 4,423 2,609 10,078 6,741

 Undistributed Offsetting Receipts:

 Employer Share, Employee Retirement -21,629 -6,389 -6,224 -34,242 -32,435

 Interest Received by Trust Funds 1,329 -2,538 -61,702 -62,912 -61,213

 Rents and Royalties on the Outer Continental

 Shelf Lands -1,848 321 -389 -1,916 -1,122

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

 Totals This Year:

 Total Outlays 353,183 410,864 326,123 1,090,170 ......

 (On-Budget) 279,122 328,697 284,536 892,355 ......

 (Off-Budget) 74,061 82,166 41,588 197,815 ......

 Total-Surplus (+) or Deficit (-) -100,491 -204,903 -13,539 -318,933 ......

 (On-Budget) -88,207 -189,361 -41,537 -319,105 ......

 (Off-Budget) -12,284 -15,541 27,997 172 ......

 Total Borrowing from the Public 80,897 200,137 58,595 339,629 139,455

 Total-Outlays Prior Year 298,555 346,922 348,989 ...... 994,466

 (On-Budget) 229,104 270,084 311,314 ...... 810,502

 (Off-Budget) 69,451 76,838 37,676 ...... 183,964

 Total-Surplus (+) or Deficit (-) Prior Year -63,214 -138,547 -23,192 ...... -224,954

 (On-Budget) -53,796 -126,194 -47,318 ...... -227,308

 (Off-Budget) -9,418 -12,354 24,126 ...... 2,354

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 December 31, 2018

[$ millions]

Trust Receipts, Outlays, and Investments Held:

 Airport and Airway 1,473 1,337 137 3,294 3,600 -307 14,212 15,036 15,117

 Black Lung Disability 33 17 17 79 53 26 ...... ...... ......

 Federal Disability Insurance 14,898 12,042 2,856 40,067 36,151 3,916 93,401 94,351 97,201

 Federal Employees Life and Health ...... -201 201 ...... -393 393 73,986 74,219 74,418

 Federal Employees Retirement 16,525 7,177 9,348 22,836 21,922 913 943,409 934,979 944,277

 Federal Hospital Insurance 28,706 16,964 11,742 74,375 77,236 -2,861 202,805 188,324 200,116

 Federal Old-Age and Survivors Insurance 96,868 71,855 25,013 212,003 215,217 -3,215 2,801,254 2,772,982 2,797,974

 Federal Supplementary Medical Insurance 37,408 17,808 19,600 109,351 106,554 2,797 98,197 84,762 104,159

 Hazardous Substance Superfund 52 71 -19 284 302 -19 4,918 4,889 4,822

 Highways 3,831 3,866 -35 9,028 13,324 -4,296 41,212 37,976 37,649

 Military Advances 5,860 3,419 2,440 11,936 8,596 3,341 ...... ...... ......

 Military Retirement 3,729 5,066 -1,337 103,226 19,525 83,702 743,421 828,982 827,636

 Railroad Retirement 652 1,079 -426 933 3,579 -2,646 2,619 2,622 2,314

 Unemployment 1,101 2,650 -1,549 6,805 7,302 -497 72,576 73,577 72,164

 Veterans Life Insurance 52 39 13 60 182 -121 4,503 4,365 4,380

 All Other Trust 452 365 87 1,792 1,523 269 35,950 36,689 36,987

 Total Trust Fund Receipts and Outlays and Investments

 Held from Table 6-D 211,641 143,554 68,086 596,069 514,674 81,395 5,132,462 5,153,753 5,219,213

 Less: Interfund Transactions 111,585 111,585 ...... 308,877 308,877 ...... ...... ...... ......

 Trust Fund Receipts and Outlays on the Basis of

 Tables 4 & 5 100,056 31,970 68,086 287,192 205,797 81,395

Total Federal Fund Receipts and Outlays 212,747 294,372 -81,625 484,264 884,592 -400,328

 Less: Interfund Transactions 219 219 ...... 219 219 ......

 Federal Fund Receipts and Outlays on the Basis of

 Table 4 & 5 212,528 294,153 -81,625 484,045 884,373 -400,328

Net Budget Receipts & Outlays 312,584 326,123 -13,539 771,237 1,090,170 -318,933

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, December 2018 and Other Periods

[$ millions]

Receipts

 Individual Income Taxes 150,557 372,794 386,413

 Corporation Income Taxes 46,755 53,109 64,208

 Social Insurance and Retirement Receipts:

 Employment and General Retirement 93,928 267,007 251,702

 Unemployment Insurance 292 5,883 6,222

 Other Retirement 424 1,227 1,097

 Excise Taxes 7,179 29,429 21,570

 Estate and Gift Taxes 1,675 5,033 5,267

 Customs Duties 5,992 17,827 9,446

 Miscellaneous Receipts 5,783 18,927 23,588

 Total 312,584 771,237 769,512

Net Outlays

 National Defense 56,940 188,146 174,148

 International Affairs 1,621 12,079 13,035

 General Science, Space, and Technology 2,975 8,514 8,217

 Energy -1,210 -398 227

 Natural Resources and Environment 3,256 9,300 11,119

 Agriculture 7,602 23,069 20,988

 Commerce and Housing Credit -8,771 -4,442 -7,276

 Transportation 7,790 23,848 22,594

 Community and Regional Development 3,163 8,582 16,631

 Education, Training, Employment, and Social Services 8,694 24,203 20,413

 Health 47,504 133,895 124,831

 Medicare 23,933 153,344 127,142

 Income Security 37,168 114,487 105,901

 Social Security 83,895 251,359 239,214

 Veterans Benefits and Services 16,096 58,630 46,709

 Administration of Justice 7,492 18,101 15,112

 General Government 412 4,026 5,044

 Net Interest 34,175 99,586 83,974

 Undistributed Offsetting Receipts -6,613 -36,158 -33,557

 Total 326,123 1,090,170 994,466

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 -DQXDU\ 201 Statement 

will be 2:00 p.m. EST 0DUFK  201.

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