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 2020 Through July 31, 2020, and Other Periods

Contents 

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

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

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

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

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

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

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

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

Introduction

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

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

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

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

AUDIENCE 

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

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

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

DISCLOSURE STATEMENT 

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

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

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

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

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

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

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

TRIAD OF PUBLICATIONS 

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

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

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

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

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

Treasury. 

DATA SOURCES AND INFORMATION 

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

of information relevant to the MTS. 

3

Highlight

July receipts totaled a monthly record of $563 billion due to the deferral of certain individual

and business taxes from April – June into July. 

July has been a deficit month 64 times out of the past 66 fiscal years (since FY 1955), because there are

typically no major corporate or individual tax due dates in this month. 

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

payments to health maintenance organizations and prescription drug plans accelerated into July, because August 

1, 2020, the normal payment date, fell on a non-business day.

Due to increased spending authorized for COVID-19 relief, Outlays are up $1.849 trillion (50%) fiscal-year-to-date 

after adjusting for the acceleration of benefit payments into July.
4

Receipts by Source: Outlays by Function:

Figure 1. Receipts, Outlays, and Surplus/Deficit for July 2020

Figure 2. Cumulative Receipts, Outlays, and Surplus/Deficit through Fiscal Year 2020

Total Receipts

$2,824 Billion

Total Outlays

$5,631 Billion

Receipts by Source: Outlays by Function:

Deficit

$2,807 Billion

Source data: Table 9

Corporation Income Taxes 

Deficit

$63 Billion

Miscellaneous 

$10 Billion 

Excise Taxes

$6 Billion

$68 Billion 

$5 Billion 

$3 Billion 

Customs Duties

Estate and Gift Taxes

Social Insurance & Retirement $99 Billion 

Individual Income Taxes $373 Billion 

$97 Billion 

Social Security

National Defense

$164 Billion 

Health

$92 Billion 

Income Security

$74 Billion 

Medicare

$65 Billion 

$16 Billion 

$31 Billion 

$31 Billion Commerce & Housing Credit

Net Interest

Transportation

Other

Total Receipts Total Outlays

$563 Billion $626 Billion

Social Insurance & Retirement $1,094 Billion 

Individual Income Taxes $1,358 Billion 

Miscellaneous 

$87 Billion 

Excise Taxes 

$57 Billion 

Corporation Income Taxes 

$160 Billion 

$53 Billion 

$14 Billion 

Customs Duties

Estate and Gift Taxes

$912 Billion Social Security

$608 Billion National Defense

Health

$1,106 Billion Income Security

$690 Billion Medicare

$624 Billion 

$169 Billion 

$466 Billion 

$559 Billion Commerce & Housing Credit

Education

Veterans' Benefits & Services

Other

$30 Billion 

$27 Billion Veterans' Benefits & Services

$309 Billion Net Interest

$188 Billion 
5

Period Receipts Outlays Deficit/Surplus (-)

Table 1. Summary of Receipts, Outlays, and the Deficit/Surplus of the U.S. Government, Fiscal Years 2019 and 2020, by Month

[$ millions]

FY 2019

 October 252,692 353,183 100,491

 November 205,961 410,864 204,903

 December 312,584 326,123 13,539

 January 339,980 331,299 -8,681

 February 167,265 401,243 233,977

 March 228,811 375,756 146,945

 April 535,545 375,240

 May 232,064 439,833

-160,304

207,768

 June 333,952 342,430 8,477

 July 251,348 371,043 119,695

 August 227,965 428,309 200,344

 September 374,056 291,288 -82,768

 Year-to-Date 3,462,223 4,446,611 984,388

FY 2020

 October 245,521 379,988 134,467

 November 225,185 434,024 208,838

 December 335,805 349,091 13,286

 January 372,288 404,883 32,595

 February 187,951 423,229 235,278

 March 236,766 355,754 118,988

 April 241,863 979,885 738,022

 May 173,861 572,614 398,754

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

 July 563,496 626,487 62,992

 Year-to-Date 2,823,564 5,630,859 2,807,295

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

(2019)

Budget

Estimates

Next Fiscal

Year (2021) 1

Table 2. Summary of Budget and Off-Budget Results and Financing of the U.S. Government, July 2020 and Other Periods

[$ millions]

Total On-Budget and Off-Budget Results:

 Total Receipts 563,496 2,823,564 3,706,327 2,860,202 3,863,293

 On-Budget Receipts 491,021 2,018,304 2,739,254 2,094,070 2,852,257

 Off-Budget Receipts 72,475 805,260 967,073 766,132 1,011,036

 Total Outlays 626,487 5,630,859 4,789,746 3,727,014 4,829,359

 On-Budget Outlays 547,234 4,855,075 3,829,949 2,992,637 3,811,118

 Off-Budget Outlays 79,253 775,784 959,797 734,376 1,018,241

 Total Surplus (+) or Deficit (-) -62,992 -2,807,295 -1,083,419 -866,811 -966,066

 On-Budget Surplus (+) or Deficit (-) -56,214 -2,836,771 -1,090,695 -898,567 -958,861

 Off-Budget Surplus (+) or Deficit (-) -6,778 +29,476 +7,276 +31,756 -7,205

 Total On-Budget and Off-Budget Financing 62,992 2,807,295 1,083,419 866,811 966,066

Means of Financing:

 Borrowing from the Public 106,415 3,830,250 1,080,435 452,803 1,030,904

 Reduction of Operating Cash, Increase (-) -41,058 208,051 ......

 By Other Means -2,365

-1,380,607

357,651

-2,517

5,500 205,958 -64,838

1 These estimates are based on the FY 2021 Budget, released by the Office of

Management and Budget on February 10, 2020.

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

... No Transactions
6 Source data: Table 1

Receipts Outlays Deficit(-)/Surplus

2019 2020

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

($1,000B)

($600B)

($200B)

$200B

$600B

($1,000B)

($600B)

($200B)

$200B

$600B

2019 2020

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

$1,000B

$2,000B

$3,000B

$4,000B

($5,000B)

($4,000B)

($3,000B)

($2,000B)

($1,000B)

($3,000B)

($2,000B)

($1,000B)

$0B

$1,000B

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

Fiscal Years 2019 and 2020

Receipts Outlays

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

2019 and 2020

$0B

Deficit(-)/Surplus
7 Source data: Table 9

$160B$88B

$71B

$53B

$1,358B

$1,094B

Fiscal Year 2020 to Date: $2,824B

2019 2020

Oct

NovDec

Jan

Feb

Mar

Apr

May

Jun

Jul

AugSep

Oct

NovDec

Jan

Feb

Mar

Apr

May

Jun

Jul

$0B

$50B

$100B

$150B

$200B

$250B

$300B

$350B

$400B

$450B

$500B

$550B

Receipt Amount

$10B$8B

$68B

$6B

$373B

$99B

Month of July 2020: $563B

Figure 5. Receipts of the U.S. Government, by Source, Fiscal Year 2020

Figure 6. Monthly Receipts of the U.S. Government, by Source, Fiscal Years 2019 and 2020

Miscellaneous Receipts

Other

Corporation Income Taxes

Excise Taxes

Individual Income Taxes

Social Insurance and Retirement Receipts

Corporation Income Taxes

Miscellaneous Receipts

Other

Excise Taxes

Individual Income Taxes

Social Insurance and Retirement Receipts

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

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

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

Source data: Table 9

$31B

$92B

$97B

$30B

$74B

$164B

$65B

$74B

Month of July 2020: $626B

$912B

$690B

$1,106B

$624B

$608B

$309B

$823B $559B

Fiscal Year 2020 to Date: $5,631B

2019 2020

Oct

NovDec

Jan

Feb

Mar

Apr

May

Jun

Jul

AugSep

Oct

NovDec

Jan

Feb

Mar

Apr

May

Jun

Jul

$0B

$100B

$200B

$300B

$400B

$500B

$600B

$700B

$800B

$900B

$1,000B

$1,100B

Outlay Amount

Figure 7. Outlays of the U.S. Government, by Source, Fiscal Year 2020

Commerce and Housing Credit Medicare Health

National Defense

Net Interest

Other

Figure 8. Monthly Outlays of the U.S. Government, by Source, Fiscal Years 2019 and 2020

Commerce and Housing Credit

Social Security

Medicare

Income Security

Health

National Defense

Net Interest

Other

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

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

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

Note: Details may not add to totals due to rounding

Social Security Income Security

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

Month

Current

Fiscal Year

to Date

Comparable

Prior Period

Year to Date

Budget

Estimates

Full Fiscal

Year 1

Table 3. Summary of Receipts and Outlays of the U.S. Government, July 2020 and Other Periods

[$ millions]

Budget Receipts

 Individual Income Taxes 373,106 1,357,699 1,428,904 1,812,040

 Corporation Income Taxes 67,991 160,097 171,323 263,642

 Social Insurance and Retirement Receipts:

 Employment and General Retirement (Off-Budget) 72,475 805,260 766,132 967,073

 Employment and General Retirement (On-Budget) 21,885 247,352 236,425 297,713

 Unemployment Insurance 3,740 37,499 37,107 42,004

 Other Retirement 436 4,364 3,971 5,236

 Excise Taxes 6,226 52,933 79,063 94,593

 Estate and Gift Taxes 2,871 14,039 13,593 20,389

 Customs Duties 5,013 56,605 56,945 92,304

 Miscellaneous Receipts 9,752 87,717 66,740 111,333

 Total Receipts 563,496 2,823,564 2,860,202 3,706,327

 (On-Budget) 491,021 2,018,304 2,094,070 2,739,254

 (Off-Budget) 72,475 805,260 766,132 967,073

Budget Outlays

 Legislative Branch 451 4,494 4,137 6,048

 Judicial Branch 682 6,998 6,644 8,580

 Department of Agriculture 17,198 149,453 125,068 154,617

 Department of Commerce 1,108 12,916 9,620 17,124

 Department of Defense--Military Programs 61,877 578,791 540,442 689,589

 Department of Education 5,880 141,737 91,392 159,297

 Department of Energy 2,613 26,546 23,192 34,351

 Department of Health and Human Services 170,294 1,298,062 1,005,897 1,322,128

 Department of Homeland Security 5,849 52,991 47,824 62,152

 Department of Housing and Urban Development 3,969 26,557 20,932 36,049

 Department of the Interior 1,388 13,759 11,335 17,458

 Department of Justice 2,332 31,015 29,115 45,277

 Department of Labor 109,718 388,813 30,806 36,390

 Department of State 3,286 26,256 22,552 32,169

 Department of Transportation 10,891 77,042 62,984 84,659

 Department of the Treasury:

 Interest on Treasury Debt Securities (Gross) 31,303 436,725 497,210 576,465

 Other 24,526 630,903 136,799 124,576

 Department of Veterans Affairs 27,162 187,743 165,577 214,336

 Corps of Engineers 814 7,068 5,253 5,543

 Other Defense Civil Programs 10,882 61,527 50,748 64,521

 Environmental Protection Agency 665 7,466 6,867 7,498

 Executive Office of the President 39 343 355 440

 General Services Administration -1 47 -707 1,222

 International Assistance Programs 1,033 17,994 20,352 25,670

 National Aeronautics and Space Administration 1,835 17,810 16,397 21,545

 National Science Foundation 677 5,814 5,775 7,504

 Office of Personnel Management 9,443 87,832 85,813 106,405

 Small Business Administration 26,137 563,101 273 -158

 Social Security Administration 101,221 964,523 915,775 1,155,231

 Independent Agencies 1,648 19,359 17,519 27,498

 400 Years of African-American History Commission (**) 1 ......

 Allowances ...... ...... ...... 364

 Undistributed Offsetting Receipts:

 Interest -1,586 -123,790 -143,921 -145,570

 Other -6,845 -89,039 -85,009 -109,232

 Total Outlays 626,487 5,630,859 3,727,014 4,789,746

 (On-Budget) 547,234 4,855,075 2,992,637 3,829,949

 (Off-Budget) 79,253 775,784 734,376 959,797

 Surplus (+) or Deficit (-) -62,992 -2,807,295 -866,811 -1,083,419

 (On-Budget) -56,214 -2,836,771 -898,567 -1,090,695

 (Off-Budget) -6,778 +29,476 +31,756 +7,276

1 These estimates are based on the FY 2021 Budget, released by the Office of ... No Transactions

Management and Budget on February 10, 2020. (**) Less than absolute value of $500,000

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

9
This Month

Receipts Gross

Receipts

Refunds

(Deduct) Receipts

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Receipts

Refunds

(Deduct) Receipts GrossReceipts

Refunds

(Deduct)

Table 4. Receipts of the U.S. Government, July 2020 and Other Periods

[$ millions]

Individual Income Taxes

 Withheld 101,787 1,075,721 1,123,528

 Presidential Election Campaign Fund 6 23 24

 Other 291,768 506,496 542,691

 Total -- Individual Income Taxes 393,561 20,454 373,106 1,582,240 224,541 1,357,699 1,666,243 237,340 1,428,904

Corporation Income Taxes 76,198 8,208 67,991 201,706 41,609 160,097 211,625 40,302 171,323

Social Insurance and Retirement Receipts:

 Employment and General Retirement:

 Federal Old-Age and Survivors Insurance Trust Fund:

 Federal Insurance Contributions Act Taxes 61,301 ...... 61,301 648,179 ...... 648,179 607,620 ...... 607,620

 Self-Employment Contributions Act Taxes 654 ...... 654 35,125 ...... 35,125 32,607 ...... 32,607

 Adjustments Attributable to Prior Years-FICA ...... ...... ...... 5,412 ...... 5,412 4,297 ...... 4,297

 Adjustments Attrbutable to Prior Years-SECA ...... ...... ...... -325 ...... -325 -1,013 ...... -1,013

 Total -- Federal Old-Age and Survivors Insurance Trust Fund 61,955 ...... 61,955 688,391 ...... 688,391 643,510 ...... 643,510

 Federal Disability Insurance Trust Fund:

 Federal Insurance Contributions Act Taxes 10,409 ...... 10,409 110,068 ...... 110,068 114,817 ...... 114,817

 Self-Employment Contributions Act Taxes 111 ...... 111 5,962 ...... 5,962 7,009 ...... 7,009

 Adjustments Attributable to Prior Years-FICA ...... ...... ...... 940 ...... 940 1,046 ...... 1,046

 Adjustments Attributable to Prior Years-SECA ...... ...... ...... -101 ...... -101 -250 ...... -250

 Total -- Federal Disability Insurance Trust Fund 10,520 ...... 10,520 116,869 ...... 116,869 122,622 ...... 122,622

 Federal Hospital Insurance Trust Fund:

 Federal Insurance Contributions Act Taxes 21,068 ...... 21,068 224,558 ...... 224,558 214,230 ...... 214,230

 Self-Employment Contributions Act Taxes 288 ...... 288 16,331 ...... 16,331 15,732 ...... 15,732

 Receipts from Railroad Retirement Board ...... ...... ...... 583 ...... 583 610 ...... 610

 Adjustments Attributable to Prior Years-FICA ...... ...... ...... 2,027 ...... 2,027 1,711 ...... 1,711

 Adjustments Attributable to Prior Years-SECA ...... ...... ...... -54 ...... -54 -399 ...... -399

 Total -- Federal Hospital Insurance Trust Fund 21,356 ...... 21,356 243,444 ...... 243,444 231,884 ...... 231,884

 Railroad Retirement:

 Rail Pension and Supplemental Annuity 296 (**) 296 2,481 71 2,410 2,748 6 2,742

 Social Security Equivalent Account 233 (**) 233 1,569 72 1,497 1,805 5 1,800

 Total -- Employment and General Retirement 94,360 (**) 94,360 1,052,755 143 1,052,612 1,002,569 12 1,002,557

 Unemployment Insurance:

 Deposits by States 3,175 ...... 3,175 31,314 ...... 31,314 30,857 ...... 30,857

 Federal Unemployment Taxes 579 22 557 6,215 110 6,105 6,353 233 6,120

 Railroad Unemployment Taxes 9 ...... 9 80 ...... 80 131 ...... 131

 Total -- Unemployment Insurance 3,762 22 3,740 37,609 110 37,499 37,340 233 37,107

 Other Retirement:

 Federal Employees' Retirement--Employee Share 433 ...... 433 4,340 ...... 4,340 3,947 ...... 3,947

 Non-Federal Employees Retirement 3 ...... 3 24 ...... 24 24 ...... 24

 Total -- Other Retirement 436 ...... 436 4,364 ...... 4,364 3,971 ...... 3,971

 Total -- Social Insurance and Retirement Receipts 98,559 22 98,537 1,094,729 253 1,094,476 1,043,880 245 1,043,635

Excise Taxes:

 Miscellaneous Excise Taxes 4,425 2,088 2,337 21,970 7,975 13,996 37,433 5,118 32,315

 Airport and Airway Trust Fund 13 ...... 13 9,137 16 9,121 12,924 9 12,915

 Highway Trust Fund 3,883 43 3,840 29,962 332 29,630 33,979 333 33,646

 Black Lung Disability Trust Fund 35 ...... 35 186 ...... 186 187 ...... 187

 Total -- Excise Taxes 8,358 2,132 6,226 61,255 8,323 52,933 84,523 5,460 79,063

Estate and Gift Taxes 2,903 32 2,871 14,468 429 14,039 14,358 765 13,593

Customs Duties 5,897 885 5,013 62,179 5,574 56,605 59,058 2,113 56,945

Miscellaneous Receipts:

 Deposit of Earnings, Federal Reserve System 8,266 ...... 8,266 63,412 ...... 63,412 45,247 ...... 45,247

 Universal Service Fund 597 ...... 597 6,940 ...... 6,940 7,962 ...... 7,962

 All Other 890 1 889 17,392 26 17,365 13,560 29 13,531

 Total -- Miscellaneous Receipts 9,753 1 9,752 87,743 26 87,717 66,769 29 66,740

Total -- Receipts 595,228 31,733 563,496 3,104,319 280,755 2,823,564 3,146,456 286,254 2,860,202

 Total -- On-Budget 522,753 31,733 491,021 2,299,059 280,755 2,018,304 2,380,324 286,254 2,094,070

 Total -- Off-Budget 72,475 ...... 72,475 805,260 ...... 805,260 766,132 ...... 766,132

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

... No Transactions

10
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2020 and Other Periods

[$ millions]

Legislative Branch:

 Senate 79 (**) 79 805 1 804 781 2 780

 House of Representatives 124 (**) 123 1,231 2 1,229 1,138 3 1,136

 Joint Items 2 ...... 2 15 ...... 15 16 ...... 16

 Capitol Police 35 ...... 35 389 ...... 389 360 ...... 360

 Congressional Budget Office 5 ...... 5 46 ...... 46 42 ...... 42

 Architect of the Capitol 68 (**) 68 652 3 649 531 5 526

 Library of Congress 57 (**) 57 607 5 602 586 9 578

 Government Printing Office 27 ...... 27 135 ...... 135 84 ...... 84

 Government Accountability Office 48 ...... 48 518 ...... 518 505 ...... 505

 United States Tax Court 4 ...... 4 45 ...... 45 43 ...... 43

 Other Legislative Branch Agencies 6 ...... 6 102 ...... 102 95 ...... 95

 Proprietary Receipts from the Public ...... 2 -2 ...... 33 -33 ...... 21 -21

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

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

 Total--Legislative Branch 454 2 451 4,538 44 4,494 4,176 39 4,137

Judicial Branch:

 Supreme Court of the United States 7 ...... 7 82 ...... 82 81 ...... 81

 Courts of Appeals, District Courts, and Other Judicial

 Services 673 ...... 673 7,220 ...... 7,220 6,901 ...... 6,901

 Other 39 ...... 39 572 ...... 572 509 ...... 509

 Proprietary Receipts from the Public ...... 11 -11 ...... 133 -133 ...... 119 -119

 Intrabudgetary Transactions -26 ...... -26 -741 ...... -741 -729 ...... -729

 Total--Judicial Branch 693 11 682 7,132 133 6,998 6,762 119 6,644

Department of Agriculture:

 Agricultural Research Service 97 ...... 97 1,142 ...... 1,142 1,018 ...... 1,018

 National Institute of Food and Agriculture:

 Research and Education Activities 55 ...... 55 591 ...... 591 597 ...... 597

 Extension Activities 60 ...... 60 442 ...... 442 425 ...... 425

 Other 35 25 10 92 25 67 98 ...... 98

 Animal and Plant Health Inspection Service 116 ...... 116 1,173 ...... 1,173 1,062 ...... 1,062

 Food Safety and Inspection Service 99 ...... 99 897 ...... 897 892 ...... 892

 Agricultural Marketing Service 66 ...... 66 1,113 ...... 1,113 1,127 ...... 1,127

 Risk Management Agency:

 Administrative and Operating Expenses 5 ...... 5 54 ...... 54 56 ...... 56

 Federal Crop Insurance Corporation Fund 693 227 465 11,188 3,198 7,990 9,758 402 9,356

 Farm Service Agency:

 Salaries and Expenses 133 ...... 133 896 ...... 896 839 ...... 839

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

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

 Commodity Credit Corporation 325 955 -630 24,524 6,960 17,565 22,764 6,027 16,736

 Tobacco Trust Fund ...... ...... ...... ...... ...... ...... 18 ...... 18

 Agricultural Credit Insurance Fund 6 2 5 371 34 338 363 37 326

 Other 9 ...... 9 177 ...... 177 141 ...... 141

 Total--Farm Service Agency 473 956 -484 25,971 6,993 18,978 24,127 6,064 18,062

 Natural Resources Conservation Service:

 Conservation Operations 54 ...... 54 702 ...... 702 608 ...... 608

 Farm Security and Rural Investment Programs 185 ...... 185 2,822 ...... 2,822 2,703 ...... 2,703

 Other 27 ...... 27 215 ...... 215 157 ...... 157

 Rural Development 59 ...... 59 145 ...... 145 90 ...... 90

 Rural Housing Service:

 Rural Housing Insurance Fund 11 16 -5 517 344 173 495 393 102

 Rental Assistance Program 88 ...... 88 989 ...... 989 997 ...... 997

 Other 15 ...... 15 146 ...... 146 123 ...... 123

 Rural Utilities Service:

 Rural Electrification and Telecommunications Fund 415 -4 419 1,986 93 1,893 2,406 684 1,722

 Other 49 5 44 498 44 455 475 52 423

 Foreign Agricultural Service 63 ...... 63 1,682 ...... 1,682 1,467 ...... 1,467

 Food and Nutrition Service:

 Supplemental Nutrition Assistance Program 10,229 ...... 10,229 67,686 ...... 67,686 53,002 ...... 53,002

 Child Nutrition Programs 1,563 ...... 1,563 20,621 ...... 20,621 21,359 ...... 21,359

 Special Supplemental Nutrition Program for Women,

 Infants, and Children (WIC) 389 ...... 389 4,250 ...... 4,250 4,422 ...... 4,422

 Other 105 ...... 105 611 ...... 611 427 ...... 427

 Total--Food and Nutrition Service 12,286 ...... 12,286 93,169 ...... 93,169 79,210 ...... 79,210

11
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2020 and Other Periods - Continued

[$ millions]

Department of Agriculture: - Continued

 Forest Service:

 National Forest System 159 ...... 159 1,556 ...... 1,556 1,535 ...... 1,535

 Capital Improvement and Maintenance 46 ...... 46 386 ...... 386 340 ...... 340

 Wildland Fire Management 358 ...... 358 1,806 ...... 1,806 1,993 ...... 1,993

 Forest Service Permanent Appropriations 28 ...... 28 414 ...... 414 431 ...... 431

 Other 67 ...... 67 618 ...... 618 562 ...... 562

 Total--Forest Service 658 ...... 658 4,779 ...... 4,779 4,861 ...... 4,861

 Other 2,947 3 2,944 10,784 32 10,751 1,174 35 1,138

 Proprietary Receipts from the Public (**) 77 -77 (**) 1,021 -1,021 ...... 1,136 -1,136

 Intrabudgetary Transactions -48 ...... -48 107 ...... 107 -91 ...... -91

 Total--Department of Agriculture 18,505 1,307 17,198 161,203 11,750 149,453 133,835 8,767 125,068

Department of Commerce:

 Economic Development Administration 32 ...... 32 274 ...... 274 220 ...... 220

 Bureau of the Census 493 ...... 493 4,758 ...... 4,758 1,991 ...... 1,991

 International Trade Administration 58 ...... 58 424 ...... 424 386 ...... 386

 National Oceanic and Atmospheric Administration 403 ...... 403 4,739 5 4,734 4,374 7 4,367

 National Institute of Standards and Technology 80 ...... 80 880 ...... 880 863 ...... 863

 National Telecommunications and Information Administration 21 ...... 21 1,508 (**) 1,508 1,561 1 1,560

 Other 30 7 24 400 66 334 326 70 256

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

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

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

 Total--Department of Commerce 1,118 10 1,108 12,984 69 12,916 9,723 103 9,620

Department of Defense--Military Programs:

 Military Personnel:

 Department of the Army 7,880 ...... 7,880 52,986 ...... 52,986 50,221 ...... 50,221

 Department of the Navy 5,622 ...... 5,622 44,078 ...... 44,078 41,346 ...... 41,346

 Department of the Air Force 3,874 ...... 3,874 34,347 ...... 34,347 31,167 ...... 31,167

 Defense Agencies ...... ...... ...... 8,505 ...... 8,505 7,909 ...... 7,909

 Total--Military Personnel 17,376 ...... 17,376 139,916 ...... 139,916 130,644 ...... 130,644

 Operation and Maintenance:

 Department of the Army 6,485 ...... 6,485 61,328 ...... 61,328 57,572 ...... 57,572

 Department of the Navy 5,468 ...... 5,468 54,517 ...... 54,517 52,331 ...... 52,331

 Department of the Air Force 4,741 ...... 4,741 50,125 ...... 50,125 49,335 ...... 49,335

 Defense Agencies 6,096 ...... 6,096 63,386 ...... 63,386 62,424 ...... 62,424

 Total--Operation and Maintenance 22,790 ...... 22,790 229,356 ...... 229,356 221,662 ...... 221,662

 International Reconstruction and Other Assistance:

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

 Procurement:

 Department of the Army 1,856 ...... 1,856 19,931 ...... 19,931 16,832 ...... 16,832

 Department of the Navy 4,135 ...... 4,135 44,577 ...... 44,577 39,064 ...... 39,064

 Department of the Air Force 4,677 ...... 4,677 44,040 ...... 44,040 39,954 ...... 39,954

 Defense Agencies 686 ...... 686 7,418 ...... 7,418 6,412 ...... 6,412

 Total--Procurement 11,354 ...... 11,354 115,966 ...... 115,966 102,261 ...... 102,261

 Research, Development, Test, and Evaluation:

 Department of the Army 1,160 ...... 1,160 10,254 ...... 10,254 7,393 ...... 7,393

 Department of the Navy 1,791 ...... 1,791 15,896 ...... 15,896 15,200 ...... 15,200

 Department of the Air Force 4,490 ...... 4,490 37,532 ...... 37,532 33,305 ...... 33,305

 Defense Agencies 2,128 ...... 2,128 19,495 ...... 19,495 18,571 ...... 18,571

 Total--Research, Development, Test, and Evaluation 9,569 ...... 9,569 83,178 ...... 83,178 74,468 ...... 74,468

 Military Construction:

 Department of the Army 164 ...... 164 1,708 ...... 1,708 1,783 ...... 1,783

 Department of the Navy 226 ...... 226 1,587 ...... 1,587 1,280 ...... 1,280

 Department of the Air Force 193 ...... 193 1,587 ...... 1,587 1,066 ...... 1,066

 Defense Agencies 232 ...... 232 2,397 ...... 2,397 2,269 ...... 2,269

 Total--Military Construction 816 ...... 816 7,279 ...... 7,279 6,398 ...... 6,398

 Family Housing:

 Department of the Army 45 ...... 45 367 ...... 367 360 ...... 360

 Department of the Navy 38 ...... 38 260 ...... 260 227 ...... 227

 Department of the Air Force 33 ...... 33 288 ...... 288 262 ...... 262

 Defense Agencies 3 ...... 3 94 (**) 94 57 (**) 57

 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, July 2020 and Other Periods - Continued

[$ millions]

Department of Defense--Military Programs: - Continued

 Department of the Navy 55 ...... 55 311 ...... 311 189 ...... 189

 Defense Agencies:

 Working Capital Fund 261 ...... 261 3,035 ...... 3,035 4,797 ...... 4,797

 Other 18 ...... 18 67 ...... 67 35 ...... 35

 Allowances 4 ...... 4 37 ...... 37 174 ...... 174

 Trust Funds:

 Department of the Army (**) ...... (**) 9 ...... 9 1 ...... 1

 Department of the Navy 1 ...... 1 21 ...... 21 30 ...... 30

 Department of the Air Force (**) ...... (**) 2 ...... 2 3 ...... 3

 Defense Agencies 33 ...... 33 348 ...... 348 268 ...... 268

 Proprietary Receipts from the Public:

 Department of the Army ...... 483 -483 ...... 321 -321 ...... -145 145

 Department of the Navy ...... 3 -3 ...... 34 -34 ...... 95 -95

 Department of the Air Force ...... -7 7 ...... 46 -46 ...... 164 -164

 Defense Agencies ...... 58 -58 ...... 662 -662 ...... 1,238 -1,238

 Intrabudgetary Transactions:

 Department of the Army -3 ...... -3 -37 ...... -37 130 ...... 130

 Department of the Navy 64 ...... 64 48 ...... 48 -47 ...... -47

 Department of the Air Force -48 ...... -48 -109 ...... -109 -36 ...... -36

 Defense Agencies 3 ...... 3 -79 ...... -79 -98 ...... -98

 Offsetting Governmental Receipts:

 Department of the Army ...... -1 1 ...... 3 -3 ...... (**) (**)

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

 Total--Department of Defense--Military Programs 62,413 536 61,877 580,357 1,566 578,791 541,792 1,350 540,442

Department of Education:

 Office of Elementary and Secondary Education:

 Accelerating Achievement and Ensuring Equity 1,124 ...... 1,124 14,010 ...... 14,010 14,139 ...... 14,139

 Impact Aid 1 ...... 1 1,456 ...... 1,456 1,407 ...... 1,407

 Education Improvement Programs 344 ...... 344 4,039 ...... 4,039 3,912 ...... 3,912

 Other 1,374 ...... 1,374 8,789 ...... 8,789 273 ...... 273

 Total--Office of Elementary and Secondary Education 2,842 ...... 2,842 28,294 ...... 28,294 19,731 ...... 19,731

 Office of Innovation and Improvement 58 ...... 58 730 ...... 730 842 ...... 842

 Office of English Language Acquisition 63 ...... 63 608 ...... 608 658 ...... 658

 Office of Special Education and Rehabilitative Services:

 Special Education 1,091 ...... 1,091 11,042 ...... 11,042 11,437 ...... 11,437

 Rehabilitation Services and Disability Research 204 ...... 204 2,621 ...... 2,621 2,728 ...... 2,728

 Special Institutions for Persons with Disabilities 12 ...... 12 198 ...... 198 189 ...... 189

 Office of Vocational and Adult Education 127 ...... 127 1,421 ...... 1,421 1,440 ...... 1,440

 Office of Postsecondary Education:

 Higher Education 163 ...... 163 1,933 ...... 1,933 1,998 ...... 1,998

 Other 69 (**) 69 275 3 272 279 3 276

 Total--Office of Postsecondary Education 233 (**) 233 2,208 3 2,204 2,277 3 2,274

 Office of Federal Student Aid:

 Student Financial Assistance 1,082 ...... 1,082 21,435 ...... 21,435 22,049 ...... 22,049

 Student Aid Administration 117 ...... 117 1,418 ...... 1,418 1,415 ...... 1,415

 Federal Student Loan Reserve Fund ...... ...... ...... -68 ...... -68 -110 ...... -110

 Federal Direct Student Loans ...... ...... ...... 69,888 ...... 69,888 33,789 ...... 33,789

 Federal Family Education Loans -9 ...... -9 12,983 ...... 12,983 3,490 ...... 3,490

 Other (**) (**) (**) 36 5 31 32 6 25

 Total--Office of Federal Student Aid 1,190 (**) 1,190 105,693 5 105,688 60,666 6 60,659

 Institute of Education Sciences 49 ...... 49 484 ...... 484 544 ...... 544

 Departmental Management 44 ...... 44 475 ...... 475 499 ...... 499

 Other 16 ...... 16 241 ...... 241 333 ...... 333

 Proprietary Receipts from the Public ...... 54 -54 ...... 12,280 -12,280 ...... 9,890 -9,890

 Intrabudgetary Transactions 4 ...... 4 11 ...... 11 -53 ...... -53

 Total--Department of Education 5,934 54 5,880 154,025 12,288 141,737 101,292 9,900 91,392

Department of Energy:

 National Nuclear Security Administration:

 Naval Reactors 130 ...... 130 1,225 ...... 1,225 1,216 ...... 1,216

 Weapons Activities 1,079 ...... 1,079 9,374 ...... 9,374 8,627 ...... 8,627

 Defense Nuclear Nonproliferation 174 ...... 174 1,665 ...... 1,665 1,465 ...... 1,465

 Other 54 ...... 54 360 ...... 360 332 ...... 332

13
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2020 and Other Periods - Continued

[$ millions]

Department of Energy: - Continued

 Environmental and Other Defense Activities:

 Defense Environmental Cleanup 371 ...... 371 4,949 ...... 4,949 4,717 ...... 4,717

 Other Defense Activities 99 ...... 99 763 ...... 763 621 ...... 621

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

 Energy Programs:

 Science 526 ...... 526 5,073 ...... 5,073 4,640 ...... 4,640

 Energy Supply 177 ...... 177 1,549 ...... 1,549 1,353 ...... 1,353

 Energy Efficiency and Renewable Energy 177 ...... 177 1,709 ...... 1,709 1,568 ...... 1,568

 Fossil Energy Research and Development 56 ...... 56 541 ...... 541 512 ...... 512

 Uranium Enrichment Decontamination and Decommissioning

 Fund 122 ...... 122 732 ...... 732 674 ...... 674

 Advanced Technology Vehicles Manufacturing Loan Program (**) ...... (**) 3 ...... 3 2 ...... 2

 Title 17 Innovative Technology Loan Guarantee Program 3 ...... 3 135 ...... 135 46 ...... 46

 Other -180 22 -202 725 102 623 833 82 751

 Total--Energy Programs 882 22 860 10,467 102 10,365 9,630 82 9,547

 Power Marketing Administration 241 302 -61 3,463 3,221 243 2,926 3,261 -335

 Departmental Administration 35 ...... 35 213 ...... 213 230 ...... 230

 Proprietary Receipts from the Public ...... 19 -19 ...... 1,331 -1,331 ...... 1,893 -1,893

 Intrabudgetary Transactions -110 ...... -110 -1,280 ...... -1,280 -1,335 ...... -1,335

 Total--Department of Energy 2,955 342 2,613 31,200 4,653 26,546 28,429 5,237 23,192

Department of Health and Human Services:

 Food and Drug Administration 425 1 424 3,141 8 3,133 2,924 8 2,915

 Health Resources and Services Administration 1,047 ...... 1,047 9,862 ...... 9,862 9,547 ...... 9,547

 Indian Health Service 210 ...... 210 5,610 ...... 5,610 4,950 ...... 4,950

 Centers for Disease Control and Prevention 740 ...... 740 6,970 ...... 6,970 6,380 ...... 6,380

 National Institutes of Health 2,919 ...... 2,919 30,380 ...... 30,380 29,508 ...... 29,508

 Substance Abuse and Mental Health Services Administration 444 ...... 444 4,357 ...... 4,357 3,472 ...... 3,472

 Agency for Healthcare Research and Quality 32 ...... 32 286 ...... 286 263 ...... 263

 Centers for Medicare and Medicaid Services:

 Grants to States for Medicaid 43,271 ...... 43,271 378,249 ...... 378,249 338,171 ...... 338,171

 Payments to Health Care Trust Funds 46,764 ...... 46,764 323,814 ...... 323,814 297,475 ...... 297,475

 Children's Health Insurance Fund 1,474 ...... 1,474 13,780 ...... 13,780 14,588 ...... 14,588

 State Grants and Demonstrations 34 ...... 34 278 ...... 278 292 ...... 292

 Federal Hospital Insurance Trust Fund:

 Benefit Payments 41,440 ...... 41,440 354,324 ...... 354,324 269,598 ...... 269,598

 Administrative Expenses 203 ...... 203 2,781 ...... 2,781 3,316 ...... 3,316

 Total--Federal Hospital Insurance Trust Fund 41,642 ...... 41,642 357,105 ...... 357,105 272,914 ...... 272,914

 Health Care Fraud and Abuse Control 144 ...... 144 1,526 ...... 1,526 1,499 ...... 1,499

 Federal Supplementary Medical Insurance Trust Fund:

 Benefit Payments 50,505 ...... 50,505 362,191 ...... 362,191 300,480 ...... 300,480

 Administrative Expenses 154 ...... 154 3,382 ...... 3,382 3,095 ...... 3,095

 Medicare Prescription Drugs:

 Benefit Payments 16,043 ...... 16,043 81,725 ...... 81,725 70,030 ...... 70,030

 Total--Federal Supplementary Medical Insurance Trust

 Fund 66,702 ...... 66,702 447,298 ...... 447,298 373,605 ...... 373,605

 Other 187 ...... 187 3,987 ...... 3,987 5,192 ...... 5,192

 Total--Centers for Medicare and Medicaid Services 200,218 ...... 200,218 1,526,038 ...... 1,526,038 1,303,737 ...... 1,303,737

 Administration for Children and Families:

 Temporary Assistance for Needy Families 1,479 ...... 1,479 13,839 ...... 13,839 13,071 ...... 13,071

 Contingency Fund 86 ...... 86 562 ...... 562 368 ...... 368

 Payments to States for Child Support Enforcement and

 Family Support Programs 247 ...... 247 2,957 ...... 2,957 3,005 ...... 3,005

 Low Income Home Energy Assistance 317 ...... 317 3,368 ...... 3,368 3,350 ...... 3,350

 Refugee and Entrant Assistance 158 ...... 158 1,583 ...... 1,583 1,966 ...... 1,966

 Child Care Entitlement to States 159 ...... 159 2,451 ...... 2,451 2,656 ...... 2,656

 Payments to States for the Child Care and Development

 Block Grant 975 ...... 975 5,687 ...... 5,687 3,137 ...... 3,137

 Social Services Block Grant 120 ...... 120 1,406 ...... 1,406 1,354 ...... 1,354

 Children and Families Services Programs 968 ...... 968 10,250 ...... 10,250 9,792 ...... 9,792

 Payments to States for Foster Care and Adoption

 Assistance 767 ...... 767 7,270 ...... 7,270 7,173 ...... 7,173

 Other 17 ...... 17 425 ...... 425 417 ...... 417

 Total--Administration for Children and Families 5,292 ...... 5,292 49,798 ...... 49,798 46,291 ...... 46,291

14
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2020 and Other Periods - Continued

[$ millions]

Department of Health and Human Services: - Continued

 Administration for Community Living 257 ...... 257 2,022 ...... 2,022 1,737 ...... 1,737

 Departmental Management 16,625 ...... 16,625 99,224 ...... 99,224 2,855 ...... 2,855

 Other 132 ...... 132 897 ...... 897 723 ...... 723

 Proprietary Receipts from the Public ...... 11,185 -11,185 ...... 116,150 -116,150 ...... 108,247 -108,247

 Intrabudgetary Transactions:

 Payments for Health Insurance for the Aged:

 Federal Supplementary Medical Insurance Trust Fund -31,503 ...... -31,503 -299,571 ...... -299,571 -276,464 ...... -276,464

 Payments for Tax and Other Credits:

 Federal Hospital Insurance Trust Fund -15,259 ...... -15,259 -24,260 ...... -24,260 -21,039 ...... -21,039

 Other -97 ...... -97 -534 ...... -534 -731 ...... -731

 Total--Department of Health and Human Services 181,480 11,186 170,294 1,414,220 116,158 1,298,062 1,114,152 108,255 1,005,897

Department of Homeland Security:

 Departmental Management and Operations 155 ...... 155 1,436 ...... 1,436 1,193 ...... 1,193

 Citizenship and Immigration Services 342 ...... 342 3,693 ...... 3,693 3,459 ...... 3,459

 United States Secret Service 205 ...... 205 2,113 ...... 2,113 1,929 ...... 1,929

 Transportation Security Administration 550 ...... 550 6,029 ...... 6,029 4,704 ...... 4,704

 Immigration and Customs Enforcement 595 ...... 595 6,720 ...... 6,720 6,332 ...... 6,332

 U.S. Customs and Border Protection 1,287 1 1,286 13,957 21 13,936 12,823 26 12,797

 United States Coast Guard 1,169 ...... 1,169 9,778 ...... 9,778 9,470 ...... 9,470

 National Protection and Programs Directorate 141 ...... 141 1,610 ...... 1,610 1,556 ...... 1,556

 Federal Emergency Management Agency:

 State and Local Programs 1 ...... 1 159 ...... 159 509 ...... 509

 Firefighter Assistance Grants 6 ...... 6 102 ...... 102 257 ...... 257

 Disaster Relief 2,035 ...... 2,035 14,693 ...... 14,693 12,979 ...... 12,979

 National Flood Insurance Fund 141 244 -103 1,615 1,709 -94 2,024 1,375 649

 Other 123 ...... 123 1,083 ...... 1,083 1,094 ...... 1,094

 Total--Federal Emergency Management Agency 2,306 244 2,062 17,651 1,709 15,942 16,863 1,375 15,488

 Science and Technology 71 ...... 71 672 ...... 672 747 ...... 747

 Domestic Nuclear Detection Office 26 ...... 26 238 ...... 238 228 ...... 228

 Other 37 ...... 37 411 ...... 411 387 ...... 387

 Proprietary Receipts from the Public ...... 104 -104 ...... 915 -915 ...... 902 -902

 Intrabudgetary Transactions 15 ...... 15 65 ...... 65 -17 ...... -17

 Offsetting Governmental Receipts ...... 702 -702 ...... 8,736 -8,736 ...... 9,549 -9,549

 Total--Department of Homeland Security 6,900 1,051 5,849 64,372 11,381 52,991 59,675 11,852 47,824

Department of Housing and Urban Development:

 Public and Indian Housing Programs:

 Tenant Based Rental Assistance 1,941 ...... 1,941 19,837 ...... 19,837 18,425 ...... 18,425

 Housing Certificate Fund 2 ...... 2 106 ...... 106 132 ...... 132

 Public Housing Capital Fund 153 ...... 153 1,880 ...... 1,880 1,802 ...... 1,802

 Public Housing Operating Fund 360 ...... 360 3,742 ...... 3,742 3,692 ...... 3,692

 Revitalization of Severely Distressed Public Housing

 (Hope VI) (**) ...... (**) 2 ...... 2 12 ...... 12

 Native American Housing Block Grant 48 ...... 48 518 ...... 518 562 ...... 562

 Other 20 ...... 20 158 ...... 158 138 ...... 138

 Total--Public and Indian Housing Programs 2,525 ...... 2,525 26,243 ...... 26,243 24,762 ...... 24,762

 Community Planning and Development:

 Housing Opportunities for Persons with AIDS 23 ...... 23 266 ...... 266 285 ...... 285

 Community Development Fund 467 ...... 467 4,332 ...... 4,332 4,392 ...... 4,392

 Home Investment Partnership Program 58 ...... 58 687 ...... 687 797 ...... 797

 Neighborhood Stabilization Program 1 ...... 1 17 ...... 17 15 ...... 15

 Homeless Assistance Grants 175 ...... 175 1,825 ...... 1,825 1,803 ...... 1,803

 Other 17 ...... 17 187 ...... 187 103 ...... 103

 Total--Community Planning and Development 741 ...... 741 7,314 ...... 7,314 7,395 ...... 7,395

 Housing Programs:

 Credit Accounts:

 FHA-Mutual Mortgage Insurance Fund, Program Account 9 ...... 9 1,313 ...... 1,313 1,362 ...... 1,362

 FHA-Mutual Mortgage Insurance Capital Reserve Account -539 ...... -539 -17,778 ...... -17,778 -23,566 ...... -23,566

 FHA-Mutual Mortgage and Cooperative Housing Insurance

 Fund, Liquidating Account (**) 4 -3 11 13 -2 262 258 4

 FHA-General and Special Risk Fund, Program Account ...... ...... ...... 792 ...... 792 1,284 ...... 1,284

 FHA-General and Special Risk Fund, Liquidating Account 9 15 -6 114 185 -71 131 219 -89

 Housing for the Elderly or Handicapped Fund,

 Liquidating Account (**) 16 -16 -89 63 -152 -109 39 -148

15
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2020 and Other Periods - Continued

[$ millions]

Department of Housing and Urban Development: - Continued

 HUD Project-Based Rental Assistance 1,106 ...... 1,106 10,681 ...... 10,681 10,106 ...... 10,106

 Housing for the Elderly 71 ...... 71 626 ...... 626 603 ...... 603

 Housing for Persons with Disabilities 17 ...... 17 165 ...... 165 154 ...... 154

 Other Assisted Housing Programs 6 ...... 6 53 ...... 53 73 ...... 73

 Other 5 3 2 49 29 20 41 37 3

 Total--Housing Programs 685 38 647 -4,062 290 -4,351 -9,660 553 -10,214

 Government National Mortgage Association:

 Guarantees of Mortgage-Backed Securities 2 (**) 2 357 1 356 -240 3 -243

 Management and Administration 136 ...... 136 1,510 ...... 1,510 1,402 ...... 1,402

 Other 11 ...... 11 143 ...... 143 185 ...... 185

 Proprietary Receipts from the Public:

 FHA-General and Special Risk Fund ...... 70 -70 ...... 4,241 -4,241 ...... 2,087 -2,087

 Other ...... 22 -22 ...... 401 -401 ...... 253 -253

 Intrabudgetary Transactions (**) ...... (**) -4 ...... -4 -5 ...... -5

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

 Total--Department of Housing and Urban Development 4,101 132 3,969 31,502 4,945 26,557 23,840 2,907 20,932

Department of the Interior:

 Land and Minerals Management:

 Bureau of Land Management:

 Management of Lands and Resources 94 ...... 94 965 ...... 965 894 ...... 894

 Other 17 9 8 315 50 264 278 45 234

 Bureau of Ocean Energy Management 4 ...... 4 100 ...... 100 90 ...... 90

 Office of Surface Mining Reclamation and Enforcement 126 ...... 126 1,911 ...... 1,911 611 ...... 611

 Total--Land and Minerals Management 241 9 233 3,291 50 3,240 1,873 45 1,828

 Water and Science:

 Bureau of Reclamation:

 Water and Related Resources 77 ...... 77 899 ...... 899 820 ...... 820

 Other 50 13 37 539 189 350 619 297 322

 Central Utah Project 1 ...... 1 30 ...... 30 20 ...... 20

 United States Geological Survey 67 ...... 67 968 ...... 968 927 ...... 927

 Total--Water and Science 194 13 182 2,436 189 2,247 2,386 297 2,089

 Fish and Wildlife and Parks:

 United States Fish and Wildlife Service 220 ...... 220 2,472 ...... 2,472 2,403 ...... 2,403

 National Park Service 299 ...... 299 2,831 ...... 2,831 2,674 ...... 2,674

 Total--Fish and Wildlife and Parks 519 ...... 519 5,303 ...... 5,303 5,077 ...... 5,077

 Indian Affairs:

 Bureau of Indian Affairs and Bureau of Indian Education 166 (**) 166 2,796 (**) 2,795 2,500 (**) 2,500

 Total--Indian Affairs 166 (**) 166 2,796 (**) 2,795 2,500 (**) 2,500

 Departmental Offices:

 Mineral Leasing and Associated Payments 56 ...... 56 1,252 ...... 1,252 1,859 ...... 1,859

 Other 22 ...... 22 549 ...... 549 419 ...... 419

 Insular Affairs 19 ...... 19 286 ...... 286 254 ...... 254

 Office of the Special Trustee for American Indians 9 ...... 9 90 ...... 90 102 ...... 102

 Department-Wide Programs 56 ...... 56 1,494 ...... 1,494 1,610 ...... 1,610

 Total--Departmental Offices 162 ...... 162 3,671 ...... 3,671 4,244 ...... 4,244

 Other 441 ...... 441 1,250 ...... 1,250 495 ...... 495

 Proprietary Receipts from the Public ...... 316 -316 ...... 4,567 -4,567 ...... 5,600 -5,600

 Intrabudgetary Transactions 2 ...... 2 -179 1 -180 703 1 701

 Total--Department of the Interior 1,726 338 1,388 18,567 4,807 13,759 17,279 5,944 11,335

Department of Justice:

 General Administration 114 ...... 114 716 ...... 716 570 ...... 570

 Legal Activities and U.S. Marshals:

 General Legal Activities 242 ...... 242 1,943 ...... 1,943 2,797 ...... 2,797

 United States Attorneys 140 ...... 140 1,849 ...... 1,849 1,852 ...... 1,852

 United States Marshals Service 114 ...... 114 1,190 ...... 1,190 1,102 ...... 1,102

 Assets Forfeiture Fund 70 ...... 70 1,999 ...... 1,999 2,201 ...... 2,201

 Other 186 ...... 186 2,052 ...... 2,052 1,863 ...... 1,863

 Federal Bureau of Investigation 804 ...... 804 8,165 ...... 8,165 7,933 ...... 7,933

 Drug Enforcement Administration 214 ...... 214 2,338 ...... 2,338 2,243 ...... 2,243

 Bureau of Alcohol, Tobacco, Firearms, and Explosives 113 ...... 113 1,132 ...... 1,132 1,087 ...... 1,087

 Federal Prison System 642 29 613 6,728 267 6,460 6,202 296 5,906

 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, July 2020 and Other Periods - Continued

[$ millions]

Department of Justice: - Continued

 State and Local Law Enforcement Assistance 98 ...... 98 1,552 ...... 1,552 1,064 ...... 1,064

 Community Oriented Policing Services 16 ...... 16 135 ...... 135 153 ...... 153

 Crime Victims Fund 216 ...... 216 2,158 ...... 2,158 1,873 ...... 1,873

 Other 92 ...... 92 694 ...... 694 638 ...... 638

 Other 52 ...... 52 653 ...... 653 558 ...... 558

 Proprietary Receipts from the Public ...... 50 -50 ...... 526 -526 ...... 1,624 -1,624

 Intrabudgetary Transactions -626 ...... -626 -866 ...... -866 -489 ...... -489

 Offsetting Governmental Receipts ...... 75 -75 ...... 630 -630 ...... 614 -614

 Total--Department of Justice 2,487 155 2,332 32,439 1,424 31,015 31,649 2,533 29,115

Department of Labor:

 Employment and Training Administration:

 Training and Employment Services 269 ...... 269 2,730 ...... 2,730 2,782 ...... 2,782

 Office of Job Corps 127 ...... 127 1,327 ...... 1,327 1,260 ...... 1,260

 Community Service Employment for Older Americans 29 ...... 29 324 ...... 324 323 ...... 323

 Federal Unemployment Benefits and Allowances 17 ...... 17 245 ...... 245 283 ...... 283

 Federal Additional Unemployment Compensation

 Program-Recovery Act 73,384 ...... 73,384 244,884 ...... 244,884 -2 ...... -2

 State Unemployment Insurance and Employment Service

 Operations 76 ...... 76 366 ...... 366 -244 ...... -244

 Payments to the Unemployment Trust Fund ...... ...... ...... 82,583 ...... 82,583 2 ...... 2

 Program Administration 6 ...... 6 89 ...... 89 88 ...... 88

 Unemployment Trust Fund:

 Federal-State Unemployment Insurance:

 State Unemployment Benefits 36,103 ...... 36,103 138,511 ...... 138,511 23,333 ...... 23,333

 State Administrative Expenses 335 ...... 335 2,873 ...... 2,873 3,124 ...... 3,124

 Federal Administrative Expenses 14 ...... 14 427 ...... 427 419 ...... 419

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

 Total--Unemployment Trust Fund 36,452 ...... 36,452 141,813 ...... 141,813 26,880 ...... 26,880

 Other ...... ...... ...... -347 ...... -347 18 ...... 18

 Total--Employment and Training Administration 110,360 ...... 110,360 474,014 ...... 474,014 31,390 ...... 31,390

 Pension Benefit Guaranty Corporation 542 1,857 -1,315 5,434 11,642 -6,208 5,397 9,298 -3,901

 Office of Workers' Compensation Programs:

 Special Benefits 256 ...... 256 -224 ...... -224 -258 ...... -258

 Energy Employees Occupational Illness Compensation Fund 157 ...... 157 1,353 ...... 1,353 1,168 ...... 1,168

 Special Benefits for Disabled Coal Miners 5 ...... 5 53 ...... 53 59 ...... 59

 Black Lung Disability Trust Fund 17 ...... 17 175 ...... 175 179 ...... 179

 Other 22 ...... 22 289 ...... 289 296 ...... 296

 Wage and Hour Division 24 ...... 24 234 ...... 234 227 ...... 227

 Occupational Safety and Health Administration 34 ...... 34 475 ...... 475 464 ...... 464

 Mine Safety and Health Administration 23 ...... 23 303 ...... 303 302 ...... 302

 Bureau of Labor Statistics 33 ...... 33 451 ...... 451 446 ...... 446

 Departmental Management 83 ...... 83 460 ...... 460 483 ...... 483

 Other 22 ...... 22 275 ...... 275 261 ...... 261

 Proprietary Receipts from the Public ...... 1 -1 ...... 6 -6 ...... 5 -5

 Intrabudgetary Transactions -1 ...... -1 -82,830 ...... -82,830 -305 ...... -305

 Total--Department of Labor 111,576 1,858 109,718 400,462 11,648 388,813 40,109 9,303 30,806

Department of State:

 Administration of Foreign Affairs:

 Diplomatic and Consular Programs 628 ...... 628 7,258 ...... 7,258 7,727 ...... 7,727

 Educational and Cultural Exchange Programs 44 ...... 44 535 ...... 535 532 ...... 532

 Embassy Security, Construction, and Maintenance 202 ...... 202 1,208 ...... 1,208 908 ...... 908

 Payment to Foreign Service Retirement and Disability

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

 Foreign Service Retirement and Disability Fund 85 ...... 85 837 ...... 837 818 ...... 818

 Other 476 ...... 476 3,055 ...... 3,055 2,272 ...... 2,272

 Total--Administration of Foreign Affairs 1,435 ...... 1,435 13,318 ...... 13,318 12,416 ...... 12,416

 International Organizations and Conferences 367 ...... 367 3,233 ...... 3,233 2,193 ...... 2,193

 Global Health and Child Survival 493 ...... 493 7,693 ...... 7,693 7,242 ...... 7,242

 Migration and Refugee Assistance 982 ...... 982 3,056 ...... 3,056 2,603 ...... 2,603

 International Narcotics Control and Law Enforcement 71 ...... 71 824 ...... 824 875 ...... 875

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

 Other 49 ...... 49 452 ...... 452 449 ...... 449

 Proprietary Receipts from the Public ...... 97 -97 ...... 1,863 -1,863 ...... 2,966 -2,966

 Intrabudgetary Transactions -14 ...... -14 -458 ...... -458 -258 ...... -258

 Total--Department of State 3,383 97 3,286 28,119 1,863 26,256 25,518 2,966 22,552

17
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2020 and Other Periods - Continued

[$ millions]

Department of Transportation:

 Office of the Secretary 153 ...... 153 820 ...... 820 604 ...... 604

 Federal Aviation Administration:

 Operations 293 ...... 293 166 ...... 166 1,114 ...... 1,114

 Airport and Airway Trust Fund:

 Grants-In-Aid for Airports 978 ...... 978 4,107 ...... 4,107 2,157 ...... 2,157

 Facilities and Equipment 220 ...... 220 2,299 ...... 2,299 2,235 ...... 2,235

 Research, Engineering, and Development 14 ...... 14 123 ...... 123 124 ...... 124

 Trust Fund Share of FAA Operations 501 ...... 501 8,657 ...... 8,657 7,450 ...... 7,450

 Total--Airport and Airway Trust Fund 1,713 ...... 1,713 15,186 ...... 15,186 11,966 ...... 11,966

 Other 21 3 18 10,409 24 10,385 517 34 482

 Total--Federal Aviation Administration 2,027 3 2,024 25,761 24 25,737 13,596 34 13,562

 Federal Highway Administration:

 Highway Trust Fund:

 Federal-Aid Highways 4,430 ...... 4,430 35,493 ...... 35,493 33,820 ...... 33,820

 Other 1 ...... 1 2 ...... 2 5 ...... 5

 Other Programs 172 ...... 172 1,634 ...... 1,634 997 ...... 997

 Total--Federal Highway Administration 4,603 ...... 4,603 37,129 ...... 37,129 34,823 ...... 34,823

 Federal Motor Carrier Safety Administration 54 ...... 54 512 ...... 512 472 ...... 472

 National Highway Traffic Safety Administration 69 ...... 69 811 ...... 811 826 ...... 826

 Federal Railroad Administration:

 Capital and Debt Service Grants to the National Railroad

 Passenger Corporation ...... ...... ...... 1 ...... 1 2 ...... 2

 Other 23 ...... 23 3,280 -47 3,327 2,201 ...... 2,201

 Total--Federal Railroad Administration 23 ...... 23 3,281 -47 3,328 2,202 ...... 2,202

 Federal Transit Administration:

 Formula Grants (**) ...... (**) 4 ...... 4 7 ...... 7

 Capital Investment Grants 201 ...... 201 1,676 ...... 1,676 1,284 ...... 1,284

 Transit Formula Grants 966 ...... 966 8,083 ...... 8,083 7,837 ...... 7,837

 Other 2,769 ...... 2,769 9,386 ...... 9,386 850 ...... 850

 Total--Federal Transit Administration 3,937 ...... 3,937 19,148 ...... 19,148 9,979 ...... 9,979

 Maritime Administration 95 (**) 95 487 1 486 431 3 428

 Other 33 11 23 429 40 389 412 32 380

 Proprietary Receipts from the Public ...... 87 -87 ...... 1,173 -1,173 ...... 146 -146

 Intrabudgetary Transactions:

 Other (**) ...... (**) -10,000 ...... -10,000 -1 ...... -1

 Offsetting Governmental Receipts ...... 3 -3 ...... 145 -145 ...... 146 -146

 Total--Department of Transportation 10,995 104 10,891 78,378 1,336 77,042 63,346 362 62,984

Department of the Treasury:

 Departmental Offices:

 Exchange Stabilization Fund ...... 18 -18 11,554 214 11,341 45 496 -451

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

 Troubled Asset Relief Program 40 ...... 40 588 ...... 588 1,225 ...... 1,225

 ESF - Economic Stabilization Program 7,996 ...... 7,996 19,180 ...... 19,180 ...... ...... ......

 Air Carrier Worker Support 3,448 ...... 3,448 26,224 ...... 26,224 ...... ...... ......

 Coronavirus Relief Fund (**) ...... (**) 149,466 ...... 149,466 ...... ...... ......

 Other 120 ...... 120 1,360 ...... 1,360 1,385 ...... 1,385

 Bureau of the Fiscal Service:

 Payment to the Resolution Funding Corporation 632 ...... 632 2,425 ...... 2,425 2,628 ...... 2,628

 Financial Agent Services 67 ...... 67 674 ...... 674 688 ...... 688

 Claims, Judgements, and Relief Acts 169 ...... 169 1,916 ...... 1,916 1,608 ...... 1,608

 Other 50 (**) 50 2,039 1 2,038 1,066 (**) 1,065

 Total--Bureau of the Fiscal Service 918 (**) 918 7,053 1 7,053 5,989 (**) 5,989

 Federal Financing Bank -50 ...... -50 -2,014 ...... -2,014 -1,289 ...... -1,289

 Alcohol and Tobacco Tax and Trade Bureau:

 Salaries and Expenses 10 ...... 10 100 ...... 100 94 ...... 94

 Internal Revenue Collections for Puerto Rico 45 ...... 45 386 ...... 386 370 ...... 370

 Bureau of Engraving and Printing (**) ...... (**) 38 ...... 38 -47 ...... -47

 United States Mint 402 529 -126 2,597 2,962 -365 1,278 1,671 -393

 Internal Revenue Service:

 Taxpayer Services 211 ...... 211 2,175 ...... 2,175 2,188 ...... 2,188

 Enforcement 366 ...... 366 3,967 ...... 3,967 3,812 ...... 3,812

18
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2020 and Other Periods - Continued

[$ millions]

Department of the Treasury: - Continued

 Operations Support 354 ...... 354 3,753 ...... 3,753 3,560 ...... 3,560

 Build America Bond Payments, Recovery Act 100 ...... 100 1,862 ...... 1,862 2,747 ...... 2,747

 Refundable Premium Tax Credits and Cost Sharing

 Reductions 2,982 ...... 2,982 41,199 ...... 41,199 39,198 ...... 39,198

 Payment Where Earned Income Credit Exceeds Liability for

 Tax 2,280 ...... 2,280 56,254 ...... 56,254 58,592 ...... 58,592

 Payment Where Child Tax Credit Exceeds Liability for Tax 1,009 ...... 1,009 27,157 ...... 27,157 28,525 ...... 28,525

 Payment Where American Opportunity Tax Credit Exceeds

 Liability for Tax 183 ...... 183 2,703 ...... 2,703 2,851 ...... 2,851

 Refunding Internal Revenue Collections, Interest 468 ...... 468 2,114 ...... 2,114 1,578 ...... 1,578

 Other 14,877 ...... 4,877 2 284,350 (**) 284,350 8,058 9 8,049

 Total--Internal Revenue Service 12,832 ...... 12,832 425,535 (**) 425,535 151,108 9 151,099

 Comptroller of the Currency 81 (**) 81 894 550 343 891 604 287

 Interest on the Public Debt:

 Interest on Treasury Debt Securities (Gross):

 Public Issues (Accrual Basis) 27,802 ...... 27,802 299,535 ...... 299,535 331,755 ...... 331,755

 Special Issues (Cash Basis) 3,501 ...... 3,501 137,191 ...... 137,191 165,455 ...... 165,455

 Total--Interest on Treasury Debt Securities (Gross) 31,303 ...... 31,303 436,725 ...... 436,725 497,210 ...... 497,210

 Total--Interest on the Public Debt 31,303 ...... 31,303 436,725 ...... 436,725 497,210 ...... 497,210

 Other 9 ...... 9 102 ...... 102 98 ...... 98

 Proprietary Receipts from the Public ...... 624 -624 ...... 6,480 -6,480 ...... 19,364 -19,364

 Intrabudgetary Transactions -155 ...... -155 -1,955 ...... -1,955 -2,205 ...... -2,205

 Total--Department of the Treasury 56,999 1,170 55,829 1,077,835 10,207 1,067,628 656,154 22,145 634,009

Department of Veterans Affairs:

 Joint DOD-VA Medical Facility Demonstration Fund 43 ...... 43 391 ...... 391 366 ...... 366

 Veterans Health Administration:

 Veterans Choice Fund, Veterans Health Administration 1,111 ...... 1,111 1,253 ...... 1,253 3,345 ...... 3,345

 Medical Services 5,392 ...... 5,392 60,254 ...... 60,254 53,369 ...... 53,369

 Medical Support and Compliance 599 ...... 599 6,313 ...... 6,313 5,751 ...... 5,751

 Medical Facilities 526 ...... 526 5,281 ...... 5,281 5,011 ...... 5,011

 Other 89 24 65 1,048 344 704 1,032 400 631

 Benefits Programs:

 Public Enterprise Funds:

 Housing Accounts (**) 1 -1 1 7 -7 1 10 -9

 Other 66 71 -6 679 1,303 -624 749 751 -2

 Compensation and Pensions 17,610 ...... 17,610 99,166 ...... 99,166 82,810 ...... 82,810

 Readjustment Benefits 955 ...... 955 11,044 ...... 11,044 11,096 ...... 11,096

 Veterans Housing Benefit Program Fund 8 ...... 8 99 ...... 99 194 ...... 194

 Insurance Funds:

 National Service Life 50 ...... 50 527 ...... 527 591 ...... 591

 Veterans Special Life 14 1 13 163 61 102 163 70 93

 Other 13 ...... 13 94 ...... 94 86 ...... 86

 Total--Benefits Programs 18,715 73 18,643 111,772 1,371 110,401 95,690 830 94,860

 Departmental Administration:

 Construction 81 ...... 81 881 ...... 881 1,360 ...... 1,360

 Information Technology Systems 558 ...... 558 4,129 ...... 4,129 3,706 ...... 3,706

 General Operating Expenses 311 (**) 311 2,720 (**) 2,720 2,865 (**) 2,865

 Other 177 ...... 177 1,843 ...... 1,843 1,402 ...... 1,402

 Proprietary Receipts from the Public:

 National Service Life ...... 2 -2 ...... 22 -22 ...... 24 -24

 Other ...... 362 -362 ...... 6,422 -6,422 ...... 7,056 -7,056

 Intrabudgetary Transactions 20 ...... 20 16 ...... 16 -9 ...... -9

 Total--Department of Veterans Affairs 27,624 462 27,162 195,902 8,159 187,743 173,888 8,311 165,577

Corps of Engineers:

 Construction 183 ...... 183 2,173 ...... 2,173 1,185 ...... 1,185

 Operation and Maintenance 160 ...... 160 2,311 ...... 2,311 2,883 ...... 2,883

 Flood Control and Coastal Emergencies 44 ...... 44 636 ...... 636 490 ...... 490

 Harbor Maintenance Trust Fund 147 ...... 147 1,017 ...... 1,017 ...... ...... ......

 Rivers and Harbors Contributed Funds 54 ...... 54 459 ...... 459 299 ...... 299

 Other 264 ...... 264 1,083 ...... 1,083 953 ...... 953

 Proprietary Receipts from the Public ...... 43 -43 ...... 618 -618 ...... 558 -558

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

 Total--Corps of Engineers 857 43 814 7,686 618 7,068 5,811 558 5,253

19
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2020 and Other Periods - Continued

[$ millions]

Other Defense Civil Programs:

 Military Retirement:

 Payment to Military Retirement Fund ...... ...... ...... 91,873 ...... 91,873 87,996 ...... 87,996

 Military Retirement Fund 9,965 ...... 9,965 56,565 ...... 56,565 50,511 ...... 50,511

 Retiree Health Care:

 Payment to Department of Defense Medicare-Eligible

 Retiree Health Care Fund ...... ...... ...... 6,637 ...... 6,637 5,720 ...... 5,720

 Department of Defense Medicare-Eligible Retiree Health

 Care Fund 1,309 ...... 1,309 9,305 ...... 9,305 9,104 ...... 9,104

 Educational Benefits 8 ...... 8 166 ...... 166 178 ...... 178

 Other 23 ...... 23 250 ...... 250 255 ...... 255

 Proprietary Receipts from the Public ...... 2 -2 ...... 19 -19 ...... 18 -18

 Intrabudgetary Transactions -421 ...... -421 -103,251 ...... -103,251 -102,998 ...... -102,998

 Total--Other Defense Civil Programs 10,883 2 10,882 61,545 19 61,527 50,766 18 50,748

Environmental Protection Agency:

 Science and Technology 54 ...... 54 607 ...... 607 552 ...... 552

 Environmental Programs and Management 221 ...... 221 2,102 ...... 2,102 2,119 ...... 2,119

 State and Tribal Assistance Grants 263 ...... 263 3,547 ...... 3,547 3,271 ...... 3,271

 Payment to the Hazardous Substance Superfund ...... ...... ...... 1,077 ...... 1,077 1,084 ...... 1,084

 Hazardous Substance Superfund 124 ...... 124 1,257 ...... 1,257 1,092 ...... 1,092

 Other 35 3 32 236 53 184 152 42 110

 Proprietary Receipts from the Public ...... 32 -32 ...... 221 -221 ...... 281 -281

 Intrabudgetary Transactions 7 ...... 7 -1,063 ...... -1,063 -1,061 ...... -1,061

 Offsetting Governmental Receipts ...... 3 -3 ...... 23 -23 ...... 19 -19

 Total--Environmental Protection Agency 704 38 665 7,763 297 7,466 7,209 342 6,867

Executive Office of the President:

 The White House 6 ...... 6 51 ...... 51 44 ...... 44

 Office of Management and Budget 7 ...... 7 87 ...... 87 85 ...... 85

 Unanticipated Needs 2 ...... 2 17 ...... 17 42 ...... 42

 Other 24 ...... 24 229 ...... 229 184 ...... 184

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

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

 Total--Executive Office of the President 39 (**) 39 344 (**) 343 355 (**) 355

General Services Administration:

 Real Property Activities -63 ...... -63 -41 ...... -41 -741 ...... -741

 Supply and Technology Activities 65 ...... 65 -69 ...... -69 -86 ...... -86

 General Activities 2 ...... 2 212 ...... 212 194 ...... 194

 Proprietary Receipts from the Public ...... 4 -4 ...... 43 -43 ...... 61 -61

 Intrabudgetary Transactions -2 ...... -2 -12 ...... -12 -13 ...... -13

 Total--General Services Administration 2 4 -1 90 43 47 -646 61 -707

International Assistance Programs:

 Millennium Challenge Corporation 48 ...... 48 497 ...... 497 543 ...... 543

 International Security Assistance:

 Foreign Military Financing Program 107 ...... 107 5,885 ...... 5,885 5,347 ...... 5,347

 Economic Support Fund 942 ...... 942 4,022 ...... 4,022 3,554 ...... 3,554

 Other 87 ...... 87 1,059 7 1,052 1,147 14 1,133

 Proprietary Receipts from the Public ...... 61 -61 ...... 61 -61 ...... ...... ......

 Total--International Security Assistance 1,136 61 1,075 10,966 69 10,897 10,048 14 10,034

 Multilateral Assistance:

 Contribution to the International Development

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

 Other 153 ...... 153 1,257 ...... 1,257 783 ...... 783

 Total--Multilateral Assistance 153 ...... 153 2,354 ...... 2,354 1,880 ...... 1,880

 Agency for International Development:

 Development Assistance Program 233 ...... 233 2,103 ...... 2,103 2,083 ...... 2,083

 Assistance for Europe, Eurasia and Central Asia 48 ...... 48 541 ...... 541 462 ...... 462

 International Disaster Assistance 228 ...... 228 3,569 ...... 3,569 3,001 ...... 3,001

 Operating Expenses 108 ...... 108 1,151 ...... 1,151 1,090 ...... 1,090

 Other 21 1 20 433 112 321 589 265 324

 Proprietary Receipts from the Public ...... -4 4 ...... 50 -50 ...... 200 -200

 Intrabudgetary Transactions -83 ...... -83 -83 ...... -83 -5 ...... -5

 Total--Agency for International Development 554 -3 557 7,715 162 7,553 7,218 465 6,754

20
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2020 and Other Periods - Continued

[$ millions]

International Assistance Programs: - Continued

 Overseas Private Investment Corporation:

 Overseas Private Investment Corporation Accounts 2 (**) 2 41 41 (**) 486 211 275

 Proprietary Receipts from the Public ...... ...... ...... ...... ...... ...... ...... 422 -422

 Total--Overseas Private Investment Corporation 2 (**) 2 41 41 (**) 486 633 -147

 Peace Corps 25 (**) 25 373 1 373 344 1 343

 Military Sales Program:

 Foreign Military Sales Trust Fund 2,503 ...... 2,503 30,378 ...... 30,378 27,642 ...... 27,642

 Other 3 10 -7 61 35 25 115 (**) 115

 Proprietary Receipts from the Public ...... 3,329 -3,329 ...... 33,815 -33,815 ...... 26,894 -26,894

 Other 303 296 7 457 726 -269 85 2 83

 Total--International Assistance Programs 4,726 3,693 1,033 52,842 34,848 17,994 48,361 28,009 20,352

National Aeronautics and Space Administration:

 Science 570 ...... 570 5,532 ...... 5,532 5,155 ...... 5,155

 Aeronautics 82 ...... 82 699 ...... 699 581 ...... 581

 Exploration 484 ...... 484 4,333 ...... 4,333 3,647 ...... 3,647

 Cross Agency Support 224 ...... 224 2,281 ...... 2,281 2,345 ...... 2,345

 Space Operations 396 ...... 396 3,752 ...... 3,752 3,599 ...... 3,599

 Other 79 ...... 79 1,233 ...... 1,233 1,074 ...... 1,074

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

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

 Total--National Aeronautics and Space Administration 1,836 (**) 1,835 17,830 20 17,810 16,398 1 16,397

National Science Foundation:

 Research and Related Activities 554 ...... 554 4,586 ...... 4,586 4,617 ...... 4,617

 Education and Human Resources 79 ...... 79 759 ...... 759 772 ...... 772

 Other 46 ...... 46 493 ...... 493 422 ...... 422

 Proprietary Receipts from the Public ...... 3 -3 ...... 24 -24 ...... 36 -36

 Total--National Science Foundation 679 3 677 5,838 24 5,814 5,811 36 5,775

Office of Personnel Management:

 Government Payment for Annuitants, Employees Health and

 Life Insurance Benefits 1,132 ...... 1,132 10,959 ...... 10,959 10,968 ...... 10,968

 Postal Service Retiree Health Benefits Fund 327 ...... 327 3,236 ...... 3,236 3,131 ...... 3,131

 Civil Service Retirement and Disability Fund 7,846 ...... 7,846 76,100 ...... 76,100 74,102 ...... 74,102

 Employees Life Insurance Fund 297 312 -15 2,742 3,186 -443 2,736 3,447 -712

 Employees and Retired Employees Health Benefits Fund 4,843 4,731 112 46,817 47,797 -980 48,640 49,221 -581

 Other 45 ...... 45 143 ...... 143 164 ...... 164

 Proprietary Receipts from the Public ...... (**) (**) ...... 3 -3 ...... 4 -4

 Intrabudgetary Transactions:

 Postal Service Contributions (**) ...... (**) -1,149 ...... -1,149 -1,222 ...... -1,222

 Civil Service Retirement and Disability Fund:

 Other -3 ...... -3 -31 ...... -31 -33 ...... -33

 Total--Office of Personnel Management 14,486 5,042 9,443 138,818 50,985 87,832 138,485 52,672 85,813

Small Business Administration:

 Salaries and Expenses 121 ...... 121 294 (**) 294 457 (**) 457

 Business Loans Program 15,955 (**) 15,955 522,455 1 522,454 243 (**) 243

 Disaster Loans Program 5,641 (**) 5,641 21,867 (**) 21,866 310 (**) 310

 Other 4,675 2 4,673 20,025 18 20,007 227 19 208

 Proprietary Receipts from the Public ...... 253 -253 ...... 1,522 -1,522 ...... 945 -945

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

 Total--Small Business Administration 26,392 255 26,137 564,641 1,541 563,101 1,237 965 273

Social Security Administration:

 Payments to Social Security Trust Funds 10,144 ...... 10,144 39,556 ...... 39,556 36,090 ...... 36,090

 Supplemental Security Income Program 9,515 ...... 9,515 55,187 ...... 55,187 50,189 ...... 50,189

 Federal Old-Age and Survivors Insurance Trust Fund

 (Off-Budget):

 Benefit Payments 79,463 ...... 79,463 780,624 ...... 780,624 736,694 ...... 736,694

 Administrative Expenses 314 ...... 314 3,138 ...... 3,138 3,225 ...... 3,225

 Payment to Railroad Retirement Account ...... ...... ...... 4,844 ...... 4,844 4,880 ...... 4,880

 Total--Federal Old-Age and Survivors Insurance Trust

 Fund (Off-Budget) 79,777 ...... 79,777 788,606 ...... 788,606 744,799 ...... 744,799

 Federal Disability Insurance Trust Fund (Off-Budget):

 Benefit Payments 11,900 ...... 11,900 120,579 ...... 120,579 120,884 ...... 120,884

 Administrative Expenses 212 ...... 212 2,063 ...... 2,063 2,308 ...... 2,308

 Payment to Railroad Retirement Account ...... ...... ...... 144 ...... 144 66 ...... 66

 Total--Federal Disability Insurance Trust Fund

 (Off-Budget) 12,112 ...... 12,112 122,785 ...... 122,785 123,258 ...... 123,258

21
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2020 and Other Periods - Continued

[$ millions]

Social Security Administration: - Continued

 Other 32 ...... 32 437 ...... 437 133 ...... 133

 Proprietary Receipts from the Public:

 On-Budget ...... 212 -212 ...... 2,371 -2,371 ...... 2,486 -2,486

 Off-Budget ...... 3 -3 ...... 121 -121 ...... 119 -119

 Intrabudgetary Transactions:

 Off-Budget 3 -10,144 ...... -10,144 -39,555 ...... -39,555 -36,089 ...... -36,089

 Total--Social Security Administration 101,436 216 101,221 967,016 2,492 964,523 918,381 2,606 915,775

Independent Agencies:

 Broadcasting Board of Governors 59 (**) 59 613 (**) 613 628 (**) 628

 Bureau of Consumer Financial Protection 40 ...... 40 420 (**) 420 397 (**) 397

 Corporation for National and Community Service 99 1 98 793 1 792 800 3 797

 Corporation for Public Broadcasting ...... ...... ...... 540 ...... 540 465 ...... 465

 District of Columbia:

 Courts 25 ...... 25 265 ...... 265 255 (**) 255

 General and Special Payments 67 21 46 613 83 530 585 73 512

 Equal Employment Opportunity Commission 32 1 31 328 2 326 309 5 305

 Export-Import Bank of the United States 7 ...... 7 171 173 -2 600 391 209

 Federal Communications Commission:

 Universal Service Fund 715 ...... 715 6,763 ...... 6,763 8,246 ...... 8,246

 Other 232 2 230 1,918 24 1,894 672 20 652

 Federal Deposit Insurance Corporation:

 Deposit Insurance Fund -189 ...... -189 -3,457 ...... -3,457 -6,143 ...... -6,143

 FSLIC Resolution Fund 20 1 19 21 10 11 1 17 -16

 Total--Federal Deposit Insurance Corporation -169 1 -170 -3,436 10 -3,446 -6,142 17 -6,159

 Federal Drug Control Programs 23 ...... 23 301 ...... 301 283 ...... 283

 Federal Housing Finance Agency 23 ...... 23 240 ...... 240 219 ...... 219

 Institute of Museum and Library Services 25 ...... 25 179 2 178 179 (**) 179

 Intelligence Community Management Account 36 ...... 36 459 ...... 459 467 ...... 467

 Legal Services Corporation ...... ...... ...... 490 ...... 490 453 ...... 453

 National Archives and Records Administration 37 1 36 370 22 348 319 16 303

 National Credit Union Administration 200 199 1 789 2,709 -1,921 868 1,257 -389

 National Endowment for the Arts 19 (**) 19 144 1 144 130 (**) 130

 National Endowment for the Humanities 15 ...... 15 133 (**) 132 115 1 114

 National Labor Relations Board 20 (**) 20 226 (**) 226 219 (**) 219

 Nuclear Regulatory Commission 64 27 37 740 397 344 740 574 166

 Postal Service:

 Off-Budget:

 Public Enterprise Funds 5,694 6,484 -790 70,485 72,205 -1,720 71,632 72,087 -455

 Other ...... ...... ...... 267 ...... 267 265 ...... 265

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

 Railroad Retirement Board:

 Federal Windfall Subsidy 1 ...... 1 12 ...... 12 14 ...... 14

 Federal Payments to the Railroad Retirement Accounts 170 ...... 170 692 ...... 692 735 ...... 735

 Railroad Unemployment Insurance Trust Fund:

 Benefit Payments 23 ...... 23 149 ...... 149 72 ...... 72

 Transfer To Administrative Funds 1 ...... 1 14 ...... 14 15 ...... 15

 Other 38 ...... 38 112 ...... 112 ...... ...... ......

 Rail Industry Pension Fund:

 Benefit Payments 468 ...... 468 4,656 ...... 4,656 4,620 ...... 4,620

 OASDI Certifications (**) ...... (**) -1 ...... -1 -2 ...... -2

 Transfer to Administrative Funds 6 ...... 6 76 ...... 76 74 ...... 74

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

 National Railroad Retirement Investment Trust:

 Administrative Expenses 7 ...... 7 53 ...... 53 52 ...... 52

 Transfers to the Railroad Retirement Trust Funds from

 the National Railroad Retirement Investment Trust 438 ...... 438 2,007 ...... 2,007 1,527 ...... 1,527

 Railroad Social Security Equivalent Benefit Account:

 Benefit Payments 626 ...... 626 6,409 ...... 6,409 6,272 ...... 6,272

 Transfer To Administrative Funds 2 ...... 2 25 ...... 25 28 ...... 28

 Other 7 ...... 7 3 ...... 3 -17 ...... -17

 Proprietary Receipts from the Public ...... 546 -546 ...... 303 -303 ...... 458 -458

 Intrabudgetary Transactions:

22
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2020 and Other Periods - Continued

[$ millions]

Independent Agencies: - Continued

 Payments from Other Funds to the Railroad Retirement

 Trust Funds ...... ...... ...... -4,988 ...... -4,988 -4,946 ...... -4,946

 Other -438 ...... -438 -2,530 ...... -2,530 -2,265 ...... -2,265

 Total--Railroad Retirement Board 1,348 546 802 6,721 303 6,418 6,181 458 5,723

 Securities and Exchange Commission 155 (**) 155 1,017 1 1,015 1,126 2 1,124

 Smithsonian Institution 101 (**) 101 1,019 (**) 1,019 919 (**) 919

 Tennessee Valley Authority 4,632 4,738 -106 47,387 47,992 -606 36,609 37,651 -1,043

 Other 204 33 171 3,819 543 3,276 3,069 588 2,481

 Total--Independent Agencies 13,702 12,054 1,648 143,828 124,468 19,360 130,661 113,143 17,519

Undistributed Offsetting Receipts:

 Other Interest (**) (**) (**) (**) (**) -1 -1 (**) -2

 Employer Share, Employee Retirement:

 Department of Health and Human Services:

 Federal Hospital Insurance Trust Fund:

 Federal Employer Contributions -353 ...... -353 -3,353 ...... -3,353 -3,172 ...... -3,172

 Postal Service Employer Contributions -55 ...... -55 -549 ...... -549 -546 ...... -546

 Department of State:

 Foreign Service Retirement and Disability Fund -42 ...... -42 -316 ...... -316 -297 ...... -297

 Other Defense Civil Programs:

 Military Retirement Fund -1,341 ...... -1,341 -26,348 ...... -26,348 -24,991 ...... -24,991

 Department of Defense Medicare-Eligible Retiree Health

 Care Fund ...... ...... ...... -8,050 ...... -8,050 -7,763 ...... -7,763

 Office of Personnel Management:

 Civil Service Retirement and Disability Fund -3,104 ...... -3,104 -31,397 ...... -31,397 -26,460 ...... -26,460

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust Fund:

 Federal Employer Contributions -1,441 ...... -1,441 -13,475 ...... -13,475 -12,576 ...... -12,576

 Federal Disability Insurance Trust Fund:

 Federal Employer Contributions -245 ...... -245 -2,288 ...... -2,288 -2,365 ...... -2,365

 Other -2 ...... -2 -4 ...... -4 -2 ...... -2

 Total--Employer Share, Employee Retirement -6,582 ...... -6,582 -85,780 ...... -85,780 -78,172 ...... -78,172

 Interest Received by Trust Funds:

 Judicial Branch:

 Judicial Survivors Annuity Fund (**) ...... (**) -14 ...... -14 -8 ...... -8

 Department of Health and Human Services:

 Federal Hospital Insurance Trust Fund -9 ...... -9 -5,296 ...... -5,296 -6,813 ...... -6,813

 Federal Supplementary Medical Insurance Trust Fund -11 ...... -11 -2,201 ...... -2,201 -2,682 ...... -2,682

 Department of Homeland Security:

 Oil Spill Liability Trust Fund -8 ...... -8 -69 ...... -69 -124 ...... -124

 Other -8 ...... -8 -35 ...... -35 -27 ...... -27

 Department of Labor:

 Unemployment Trust Fund -29 ...... -29 -2,065 ...... -2,065 -1,733 ...... -1,733

 Department of State:

 Foreign Service Retirement and Disability Fund (**) ...... (**) -535 ...... -535 -556 ...... -556

 Department of Transportation:

 Airport and Airway Trust Fund -1 ...... -1 -379 ...... -379 -337 ...... -337

 Department of Veterans Affairs:

 National Service Life Insurance Fund (**) ...... (**) -84 ...... -84 -106 ...... -106

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

 Corps of Engineers -14 ...... -14 -132 ...... -132 -182 ...... -182

 Other Defense Civil Programs:

 Military Retirement Fund -1,487 ...... -1,487 -8,550 ...... -8,550 -22,492 ...... -22,492

 Educational Benefits Fund -1 ...... -1 -10 ...... -10 -14 ...... -14

 Armed Forces Retirement Home (**) ...... (**) -1 ...... -1 -2 ...... -2

 Environmental Protection Agency (**) ...... (**) -73 ...... -73 -72 ...... -72

 Office of Personnel Management:

 Civil Service Retirement and Disability Fund (**) ...... (**) -25,076 ...... -25,076 -25,416 ...... -25,416

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust Fund -11 ...... -11 -75,911 ...... -75,911 -79,451 ...... -79,451

 Federal Disability Insurance Trust Fund -1 ...... -1 -2,803 ...... -2,803 -2,891 ...... -2,891

 Independent Agencies:

 Railroad Retirement Board -3 ...... -3 -83 ...... -83 -90 ...... -90

 Other 8 ...... 8 -20 ...... -20 -22 ...... -22

 Other -9 ...... -9 -452 ...... -452 -905 ...... -905

 Total--Interest Received by Trust Funds -1,586 ...... -1,586 -123,790 ...... -123,790 -143,921 ...... -143,921

 Rents and Royalties on the Outer Continental Shelf Lands ...... 264 -264 ...... 3,259 -3,259 ...... 5,680 -5,680

23
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, July 2020 and Other Periods - Continued

[$ millions]

Undistributed Offsetting Receipts: - Continued

 Spectrum Auction Proceeds ...... ...... ...... ...... ...... ...... -1,155 ...... -1,155

 Total--Undistributed Offsetting Receipts -8,167 264 -8,431 -209,570 3,259 -212,829 -223,250 5,680 -228,930

Total Outlays 666,916 40,428 626,487 6,051,907 421,048 5,630,859 4,131,199 404,185 3,727,014

 Total On-Budget 581,175 33,941 547,234 5,203,797 348,722 4,855,075 3,324,616 331,979 2,992,637

 Total Off-Budget 85,740 6,487 79,253 848,110 72,326 775,784 806,582 72,206 734,376

Total Surplus (+) or Deficit (-) -62,992 -2,807,295 -866,811

 Total On-Budget -56,214 -2,836,771 -898,567

 Total Off-Budget -6,778 +29,476 +31,756

MEMORANDUM

Receipts Offset Against Outlays (In Millions)

Current Comparable

Fiscal Year to Period Prior

Date Fiscal Year

Proprietary Receipts 201,304 201,316

Intrabudgetary Transactions 785,970 674,946

Governmental Receipts 9,975 12,072

 Total Receipts Offset Against Outlays 997,249 888,334

1 Includes $3 billion for Economic Impact Payments to individuals and families. checks.

2 Includes $274 billion for Economic Impact Payments to individuals and families. Note: Details may not add to totals due to rounding.

3 Includes FICA and SECA tax credits, non-contributory military service credits, ... No Transactions

special benefits for the aged and credit for the unnegotiated OASI benefit (**) Less than absolute value of $500,000

24
Assets and Liabilities

This Year This Month

Directly Related to

Budget Off-Budget Activity This Month

Net Transactions

(-) denotes net reduction of either liability or asset accounts

Account Balances

Current Fiscal Year

Close of

This Month

Fiscal Year to Date Beginning of

This Year Prior Year

Table 6. Means of Financing the Deficit or Disposition of Surplus by the U.S. Government, July 2020 and Other Periods

[$ millions]

Liability Accounts:

 Borrowing from the Public:

 Treasury Securities, Issued Under General Financing Authorities:

 Debt Held by the Public 104,121 3,825,307 450,030 16,809,091 20,530,277 20,634,399

 Intragovernmental Holdings -56,409 -19,756 56,280 5,910,309 5,946,963 5,890,554

 Total Treasury Securities Outstanding 47,713 3,805,552 506,311 22,719,402 26,477,241 26,524,953

 Plus Premium on Treasury Securities 1,616 10,753 4,624 32,781 41,918 43,534

 Less Discount on Treasury Securities -785 4,587 425 105,621 110,993 110,209

 Total Treasury Securities Net of Premium and Discount 50,113 3,811,718 510,509 22,646,560 26,408,165 26,458,278

 Agency Securities, Issued Under Special Financing Authorities (See

 Schedule B; for Other Agency Borrowing, See Schedule C) -97 -533 -936 21,455 21,019 20,922

 Total Federal Securities 50,017 3,811,185 509,573 22,668,015 26,429,184 26,479,200

 Deduct:

 Federal Securities Held as Investments of Government Accounts

 (See Schedule D) -56,563 -21,121 57,924 5,893,424 5,928,866 5,872,303

 Less Discount on Federal Securities Held as Investments of

 Government Accounts -165 -2,057 1,154 28,201 26,308 26,144

 Net Federal Securities Held as Investments of Government

 Accounts -56,398 -19,065 56,770 5,865,224 5,902,557 5,846,159

 Total Borrowing from the Public 106,415 3,830,250 452,803 16,802,792 20,526,627 20,633,041

 Accrued Interest Payable to the Public 10,655 11,392 11,646 73,285 74,022 84,677

 Allocations of Special Drawing Rights 1,320 1,757 -700 48,146 48,584 49,904

 Uninvested Balances, Deposit Funds 2,449 9,163 210,254 26,129 32,842 35,292

 Miscellaneous Liability Accounts (Includes Checks Outstanding Etc.) 2,054 20,351 -16 8,483 26,780 28,834

 Total Liability Accounts 122,892 3,872,913 673,987 16,958,835 20,708,855 20,831,747

Asset Accounts (Deduct)

 Cash and Monetary Assets:

 U.S. Treasury Operating Cash:

 Federal Reserve Account 1 41,058 1,380,607 -208,051 382,483 1,722,032 1,763,090

 Balance 41,058 1,380,607 -208,051 382,483 1,722,032 1,763,090

 Special Drawing Rights:

 Total Holdings 1,373 1,953 -561 49,976 50,556 51,930

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

 Balance 1,373 1,953 -561 44,776 45,356 46,730

 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 3,102 4,130 -1,646 1,517 2,546 5,647

 Letter of Credit Issued to IMF 3,556 8,975 12,102 -91,228 -85,809 -82,253

 Dollar Deposits with the IMF 38 20 -5 -304 -323 -284

 Receivable/Payable (-) for Interim Maintenance of Value

 Adjustments -3,589 -4,372 -2,467 1,341 558 -3,031

 Balance 3,107 8,753 7,985 22,955 28,601 31,708

 Loans to International Monetary Fund ...... -775 -2,075 2,759 1,984 1,984

 Other Cash and Monetary Assets 234 -161 206 26,541 26,147 26,380

 Total Cash and Monetary Assets 45,772 1,390,377 -202,496 479,515 1,824,120 1,869,892

 Non-Federal Securities of the National Railroad Retirement

 Investment Trust 96 -1,411 -1,010 24,058 22,550 22,646

 Net Activity, Guaranteed Loan Financing (See Schedule E) -14,548 -486,908 25,529 32,488 -439,872 -454,420

 Net Activity, Direct Loan Financing (See Schedule E) 29,480 163,495 -14,342 1,414,936 1,548,951 1,578,431

 Miscellaneous Asset Accounts -103 1,021 -968 -961 163 60

 Total Asset Accounts 60,697 1,066,574 -193,288 1,950,036 2,955,913 3,016,610

Excess of Liabilities (+) or Assets (-) 62,195 2,806,339 867,276 15,008,798 17,752,942 17,815,138

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

 Schedule A for Details) 797 955 -464 ...... 159 955

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

 or Disposition of Surplus (-)) 62,992 2,807,295 866,811 15,008,798 17,753,101 17,816,093

1 Major sources of information used to determine Treasury's operating cash balance reflected as received and withdrawals are reflected as processed.

include Federal Reserve Banks, Treasury Regional Finance Centers, Internal Note: Details may not add to totals due to rounding.

Revenue Service Centers, various electronic systems, and information on the ... No Transactions

Public Debt. Information is presented on a modified cash basis. Deposits are

25
Classification This Month

Fiscal Year to Date

This Year Prior Year

Table 6. Schedule A-Analysis of Change in Excess of Liabilities of the U.S. Government, July 2020 and Other Periods

[$ millions]

Excess of Liabilities Beginning of Period:

 Based on Composition of Unified Budget in Preceding Period 17,752,942 15,008,728 14,164,924

 Adjustments During Current Fiscal Year for Changes in Composition of

 Unified Budget:

 Revisions by Federal Agencies to the Prior Budget Results ...... 71 -140,646

 Excess of Liabilities Beginning of Period (Current Basis) 17,752,942 15,008,798 14,024,278

 Budget Surplus (-) or Deficit:

 Based on Composition of Unified Budget in Prior Fiscal Year 62,992 2,807,295 866,811

 Total Surplus (-) or Deficit (Table 2) 62,992 2,807,295 866,811

 Total-On-Budget (Table 2) 56,214 2,836,771 898,567

 Total-Off-Budget (Table 2) 6,778 -29,476 -31,756

 Transactions Not Applied to Current Year's Surplus or Deficit:

 Premium/Discount on Buyback of U.S. Treasury Securities ...... (**) -2

 Other -797 -955 466

 Total-Transactions Not Applied to Current Year's Surplus or Deficit -797 -955 464

 Excess of Liabilities Close of Period 17,815,138 17,815,138 14,891,553

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

... No Transactions

26

This Year This Month

Classification

This Month

Net Transactions

(-) denotes net reduction of liability accounts

Account Balances

Current Fiscal Year

Close of

This Month

Fiscal Year to Date Beginning of

This Year Prior Year

Table 6. Schedule B-Securities Issued by Federal Agencies Under Special Financing Authorities, July 2020 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 (**) -4 -3 69 65 65

 Independent Agencies:

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

 National Archives and Records Administration ...... ...... -13 (**) (**) (**)

 Tennessee Valley Authority -97 -529 -919 21,367 20,935 20,838

 Total Agency Securities -97 -533 -936 21,455 21,019 20,922

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

... No Transactions
Classification

This Year This Month This Month

Transactions Account Balances

Current Fiscal Year

Close of

This Month

Fiscal Year to Date Beginning of

This Year Prior Year

Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Treasury Securities,

July 2020 and Other Periods

[$ millions]

Borrowing from the US Treasury:

 Department of Agriculture:

 Farm Service Agency:

 Commodity Credit Corporation -14,776 -12,955 10,548 24,862 26,683 11,907

 Agricultural Credit Insurance Fund ...... 839 -209 13,084 13,923 13,923

 Farm Storage Facility Loans 41 72 70 1,067 1,098 1,139

 Apple Loans Fund ...... ...... ...... (**) (**) (**)

 Emergency Boll Weevil Loan Fund ...... -1 -1 4 3 3

 Rural Housing Service:

 Rural Housing Insurance ...... -387 467 18,783 18,396 18,396

 Rural Community Facility Loans Fund ...... 192 1,186 10,368 10,559 10,559

 Multifamily Housing Revitalization Loan Account ...... 29 1 454 483 483

 Rural Business - Cooperative Service:

 Rural Business and Industry Loans ...... -59 -12 88 30 30

 Rural Development Loan Fund ...... -14 3 304 290 290

 Rural Economic Development Loan Fund ...... -16 17 221 205 205

 Renewable Energy Guaranteed Loan Account ...... -1 (**) 1 (**) (**)

 Rural Microenterprise Investment Loans ...... (**) 1 44 43 43

 Biorefinery Assistance Loan Account ...... -2 -13 2 ...... ......

 Rural Utilities Service:

 Rural Water and Waste Disposal Fund ...... 222 430 13,270 13,492 13,492

 Rural Electrification and Telecommunications Fund ...... -359 356 6,865 6,506 6,506

 Rural Telephone Bank ...... -29 -3 118 90 90

 Distance Learning and Telemedicine Program ...... -187 -9 788 601 601

 Foreign Agricultural Service ...... ...... ...... 432 432 432

 Department of Commerce:

 National Oceanic and Atmospheric Administration:

 Fisheries Finance 1 32 29 395 427 428

 Department of Defense--Military Programs:

 Family Housing Improvement Loans -52 -52 25 1,714 1,714 1,661

 Department of Education:

 College Housing and Academic Facilities Loans ...... (**) (**) 16 17 17

 Historically Black College and University Capital Financing

 Fund 48 48 ...... ...... ...... 48

 Federal Direct Student Loans 20,691 36,763 97,210 1,211,865 1,227,938 1,248,628

 Teach Grant Loans 3 72 60 651 721 723

 Temporary Student Loan Purchase Authority ...... -3,567 -2,646 39,713 36,146 36,146

 Federal Family Education Loans 5 6,688 -392 35,265 41,947 41,953

 Department of Energy:

 Bonneville Power Administration Fund -28 562 -237 5,280 5,870 5,842

 Western Area Power Administration - Recovery Act ...... ...... -21 76 76 76

 Advanced Technology Vehicles Manufacturing Loans ...... 71 ...... ...... 71 71

 Title 17 Innovative Technology Loans ...... 26 163 748 775 775

 Department of Health and Human Services:

 Consumer Operated and Oriented Plan ...... ...... ...... 149 149 149

 Consumer Operated and Oriented Plan Program Contingency Fund ...... ...... ...... 58 58 58

 Department of Homeland Security:

 National Flood Insurance Fund ...... ...... ...... 20,525 20,525 20,525

 Disaster Assistance Loan Fund (**) 5 65 71 76 76

 Department of Housing and Urban Development:

 Public and Indian Housing Programs:

 Low-Rent Public Housing - Loans and Other Expenses ...... ...... ...... 12 12 12

 Native Hawaiian Housing Loans ...... 1 (**) 2 3 3

 Housing Programs:

 Emergency Homeowners' Relief Fund ...... ...... (**) ...... ...... ......

 Federal Housing Administration ...... 14,336 8,625 30,386 44,722 44,722

 Home Ownership Preservation Equity Fund ...... 6 ...... ...... 6 6

 Green Retrofit Program for Multifamily Housing-Recovery Act ...... ...... -1 10 10 10

 Department of the Interior:

 Bureau of Indian Affairs and Bureau of Indian Education ...... ...... ...... 5 5 5

 Bureau of Reclamation Loan Fund ...... ...... ...... 29 29 29

27
Classification

This Year This Month This Month

Transactions Account Balances

Current Fiscal Year

Close of

This Month

Fiscal Year to Date Beginning of

This Year Prior Year

Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Treasury Securities,

July 2020 and Other Periods - Continued

[$ millions]

Borrowing from the US Treasury: - Continued

 Assistance to American Samoa Loan Fund ...... (**) (**) 8 8 8

 Department of Labor:

 Black Lung Disability Trust Fund ...... 110 ...... 4,419 4,529 4,529

 Department of State:

 Repatriation Loans ...... 32377

 Department of Transportation:

 Federal Highway Administration:

 Transportation Infrastructure Finance and Innovation Fund 103 2,234 1,418 19,445 21,575 21,678

 Federal Railroad Administration:

 Railroad Rehabilitation and Improvement Loan Fund 18 288 719 1,187 1,456 1,474

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

 Minority Business Resource Center Fund ...... (**) ...... ...... (**) (**)

 Maritime Administration:

 Maritime Guaranteed Loan (Title XI) Fund -2 -2 5 125 125 123

 Maritime Guaranteed Loan (Title XI) FFB Financing Account -2 ...... ...... ...... 2 ......

 Department of the Treasury:

 Departmental Offices:

 Community Development Financial Institutions Fund 1 7 13 96 103 104

 Temporary Credit and Liquidity Program -27 -27 -35 3,709 3,709 3,682

 Troubled Asset Relief Program ...... -2 -18 35 32 32

 Small Business Lending Financing Fund ...... -104 ...... 153 49 49

 ESF - Economic Stabilization Program -7,750 84,730 ...... ...... 92,480 84,730

 Federal Financing Bank Revolving Fund -62 8,557 1,843 63,751 72,370 72,308

 Department of Veterans Affairs:

 Veterans Housing Benefit Program Fund ...... 50 104 492 542 542

 Native American Veteran Housing Fund -3 3 3 73 79 76

 Vocational Rehabilitation Loan Fund (**) 22132

 Corps of Engineers:

 Washington Aqueduct ...... (**) (**) (**) (**) (**)

 Environmental Protection Agency:

 Water Infrastructure Finance and Innovation Loan Program 9 217 (**) (**) 208 217

 International Assistance Programs:

 International Security Assistance:

 Foreign Military Loan Program ...... ...... ...... 3,066 3,066 3,066

 Military Debt Reduction -36 -48 ...... 48 36 ......

 Agency for International Development:

 Development Credit Authority Loan Fund ...... -8 6 8 ...... ......

 Overseas Private Investment Corporation ...... -3,829 794 3,829 ...... ......

 United States International Development Finance Corporation 298 5,266 ...... ...... 4,968 5,266

 Small Business Administration:

 Business Loan Fund ...... 187 -32 2,220 2,407 2,407

 Disaster Loan Fund ...... 206,118 1,353 9,590 215,708 215,708

 Independent Agencies:

 Export-Import Bank of the United States ...... ...... 46 16,946 16,946 16,946

 Presidio Trust ...... ...... ...... 38 38 38

 Railroad Retirement Board:

 Social Security Equivalent Benefit Account 469 -444 -526 3,934 3,021 3,490

 Smithsonian Institution:

 John F. Kennedy Center Parking Facilities ...... ...... ...... 20 20 20

 Other:

 Borrowing from the US Treasury - Other ...... (**) ...... ...... (**) (**)

 Total Borrowing from the US Treasury -1,053 345,643 121,408 1,570,919 1,917,615 1,916,562

Borrowing from the Federal Financing Bank:

 Department of Agriculture:

 Rural Utilities Service:

 Rural Electrification and Telecommunications Fund -322 1,858 275 46,289 48,469 48,147

 Department of Education:

 Historically Black College and University Capital Financing

 Fund -2 20 25 1,479 1,501 1,499

 Department of Energy:

 Advanced Technology Vehicles Manufacturing Loans ...... -443 -443 1,618 1,175 1,175

28
Classification

This Year This Month This Month

Transactions Account Balances

Current Fiscal Year

Close of

This Month

Fiscal Year to Date Beginning of

This Year Prior Year

Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Treasury Securities,

July 2020 and Other Periods - Continued

[$ millions]

Borrowing from the Federal Financing Bank: - Continued

 Title 17 Innovative Technology Loans -27 1,672 1,756 12,804 14,502 14,475

 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 15 350 279 1,969 2,304 2,319

 Department of Transportation:

 Maritime Administration:

 Maritime Guaranteed Loan (Title XI) FFB Financing Account ...... 326 ...... ...... 326 326

 Department of the Treasury:

 Departmental Offices:

 Community Development Financial Institutions Fund 27 85 264 1,017 1,075 1,102

 Department of Veterans Affairs:

 Guaranteed Transitional Housing Loans for Homeless Veterans (**) (**) (**) 4 4 4

 Independent Agencies:

 Postal Service ...... 3,400 -2,200 11,000 14,400 14,400

 Total Borrowing from the Federal Financing Bank -308 7,267 -45 76,180 83,756 83,448

Note: Details may not add to totals due to rounding. these funds to agencies in lieu of agencies borrowing directly through Treasury

Note: This table includes lending by the Federal Financing Bank accomplished by or issuing their own securities.

the purchase of agency financial assets, by the acquisition of agency debt ... No Transactions

securities, and by direct loans on behalf of an agency. The Federal Financing (**) Less than absolute value of $500,000

Bank borrows from Treasury and issues its own securities and in turn may loan

29
Securities Held as Investments Net Purchases or Sales (-) Current Fiscal Year

Fiscal Year to Date Beginning of Close of

Classification

This Month

This Year Prior Year This Year This Month This Month

Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities, July 2020 and Other Periods

[$ millions]

Federal Funds:

 Department of Agriculture ...... 16 11 226 242 242

 Department of Commerce 2 2 2 ...... ...... 2

 Department of Defense--Military Programs:

 Defense Cooperation Account ...... (**) (**) 8 8 8

 Department of Energy -72 286 -122 55,848 56,206 56,134

 Department of Health and Human Services ...... 11,006 10,236 ...... 11,006 11,006

 Department of Homeland Security -60 214 555 1,525 1,799 1,739

 Department of Housing and Urban Development:

 Housing Programs:

 Federal Housing Administration Fund 13,131 16,285 21,926 50,601 53,754 66,885

 Government National Mortgage Association:

 Guarantees of Mortgage-Backed Securities 1 -7,760 -132 15,784 8,023 8,023

 Department of the Interior -99 164 329 9,921 10,185 10,085

 Department of Justice (**) 149 -124 1,040 1,188 1,188

 Department of Labor 1,583 6,322 3,973 37,020 41,760 43,343

 Department of State:

 Foreign Service Retirement and Disability Fund 1 8 6 23 30 31

 Other ...... -3 (**) 15 12 12

 Department of Transportation 45 1 32 2,343 2,300 2,344

 Department of the Treasury -5 -11,432 698 23,842 12,414 12,409

 Department of Veterans Affairs:

 Veterans Reopened Insurance Fund -1 -15 -14 84 70 69

 Servicemen'S Group Life Insurance Fund ...... 610 (**) 301 911 911

 Other Defense Civil Programs:

 Uniformed Services Retiree Health Care Fund -872 12,796 13,927 254,176 267,844 266,972

 Office of Personnel Management:

 Postal Service Contributions -327 -2,088 -4,081 44,611 42,850 42,523

 Independent Agencies:

 Federal Deposit Insurance Corporation:

 Deposit Insurance Fund 158 3,250 6,298 104,015 107,107 107,265

 FSLIC Resolution Fund (**) 9 17 872 881 881

 Federal Housing Finance Agency -19 66 50 71 156 137

 National Credit Union Administration 7 1,907 390 15,736 17,636 17,643

 Postal Service 834 5,185 -1,964 9,341 13,692 14,526

 Tennessee Valley Authority ...... -25 (**) 25 ...... ......

 Other

 Treasury Securities -1 5,701 -2,123 11,501 17,203 17,202

 Other 33 -4,535 -609 8,581 4,012 4,046

 Total Treasury Securities 14,339 38,119 49,281 647,510 671,290 685,629

 Total Federal Funds 14,339 38,119 49,281 647,510 671,290 685,629

Trust Funds:

 Legislative Branch:

 Library of Congress -1 1 4 23 26 24

 United States Tax Court ...... (**) (**) 13 13 13

 Other (**) 3 (**) 29 32 31

 Judicial Branch:

 Judicial Retirement Funds -11 149 100 1,304 1,464 1,453

 Department of Agriculture ...... ...... (**) 6 6 6

 Department of Commerce -1,793 -1,702 1,287 7,561 7,653 5,859

 Department of Defense--Military Programs:

 Voluntary Separation Incentive Fund -5 1 -4 89 95 90

 Other -28 -43 400 1,735 1,720 1,692

 Department of Health and Human Services:

 Federal Supplementary Medical Insurance Trust Fund -22,425 -35,441 7,639 104,716 91,700 69,275

 Other -3,901 -72,224 -1,816 202,509 134,186 130,285

 Department of Homeland Security 60 348 360 8,853 9,142 9,202

 Department of the Interior -9 67 3 36 112 103

 Department of Labor:

 Unemployment Trust Fund -21,209 -24,826 10,205 84,361 80,744 59,535

 Other -8 -28 -32 64 44 36

 Department of State:

 Foreign Service Retirement and Disability Fund -39 471 224 19,318 19,829 19,789

30
Securities Held as Investments Net Purchases or Sales (-) Current Fiscal Year

Fiscal Year to Date Beginning of Close of

Classification

This Month

This Year Prior Year This Year This Month This Month

Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities, July 2020 and Other Periods - Continued

[$ millions]

Trust Funds: - Continued

 Other 2 (**) -2 46 45 47

 Department of Transportation:

 Airport and Airway Trust Fund -1,127 -4,874 1,861 15,018 11,270 10,144

 Highway Trust Fund -1,965 -13,631 -6,656 28,192 16,526 14,562

 Department of the Treasury -86 -158 -6 3,578 3,507 3,420

 Department of Veterans Affairs:

 General Post Fund, National Homes -6 -6 29 119 120 114

 National Service Life Insurance -45 -415 -461 2,456 2,086 2,041

 United States Government Life Insurance Fund (**) (**) (**) 2 2 2

 Veterans Special Life Insurance Fund -13 -100 -94 1,357 1,270 1,257

 Corps of Engineers -87 172 1,690 9,454 9,713 9,626

 Other Defense Civil Programs:

 Military Retirement Fund -6,626 79,203 85,729 827,414 913,243 906,617

 Other -6 -55 17 1,158 1,109 1,103

 Environmental Protection Agency -60 113 474 6,024 6,197 6,137

 National Aeronautics and Space Administration ...... -1 -1 16 15 15

 Office of Personnel Management:

 Civil Service Retirement and Disability Fund

 Treasury Securities -4,303 -15,277 -126,052 939,703 928,728 924,425

 Employees Life Insurance Fund 16 415 1,008 48,199 48,598 48,614

 Employees and Retired Employees Health Benefits Fund -112 938 772 27,802 28,852 28,740

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust Fund -6,632 27,184 25,653 2,804,396 2,838,213 2,831,581

 Federal Disability Insurance Trust Fund -828 1,010 5,979 96,520 98,357 97,529

 Independent Agencies:

 Harry S Truman Scholarship Foundation ...... -14 -1 51 37 37

 Japan-United States Friendship Commission ...... ...... -1 35 35 35

 Railroad Retirement Board

 Treasury Securities 326 -489 213 2,606 1,791 2,117

 Agency Securities ...... 1 ...... ...... 1 1

 Other

 Treasury Securities 22 -32 122 1,149 1,095 1,117

 Total Treasury Securities -70,902 -59,241 8,643 5,245,914 5,257,575 5,186,673

 Total Agency Securities ...... 1 ...... ...... 1 1

 Total Trust Funds -70,902 -59,240 8,643 5,245,914 5,257,576 5,186,674

Grand Total -56,563 -21,121 57,924 5,893,424 5,928,866 5,872,303

Note: Details may not add to totals due to rounding. ... No Transactions

Note: Investments are in Treasury securities unless otherwise noted. (**) Less than absolute value of $500,000

31
Net Transactions

(-) denotes net reduction of Account Balances

asset accounts

Current Fiscal Year

Fiscal Year to Date Beginning of Close of

Classification

This Month

This Year Prior Year This Year This Month This Month

Table 6. Schedule E-Net Activity, Guaranteed and Direct Loan Financing, July 2020 and Other Periods

[$ millions]

Guaranteed Loan Financing Activity:

 Department of Agriculture:

 Farm Service Agency:

 Commodity Credit Corporation Export Fund (**) -35 -25 183 148 147

 Agricultural Credit Insurance Fund -2 -9 -3 -207 -214 -217

 Natural Resources Conservation Service:

 Agricultural Resource Conservation Demonstration Program ...... ...... ...... (**) (**) (**)

 Rural Housing Service:

 Rural Community Facility Loans ...... 1 -3 -42 -41 -41

 Rural Housing Insurance Fund -26 -41 43 851 835 810

 Rural Business - Cooperative Service:

 Rural Business and Industry Loans 13 15 -41 -157 -154 -141

 Renewable Energy Guaranteed Loan Account -1 -4 -10 -50 -53 -54

 Biorefinery Assistance Loan Account ...... -1 -4 -47 -49 -49

 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 ...... ...... ...... -60 -60 -60

 Department of Education:

 Office of Student Financial Assistance:

 Federal Family Education Loans -209 -2,446 546 23,825 21,588 21,379

 Department of Energy:

 Title 17 Innovative Technology Loans -2 -53 16 -126 -177 -179

 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 -4 20 -9 -135 -112 -115

 Native Hawaiian Housing Loans (**) -2 -1 -1 -3 -3

 Community Planning and Development:

 Community Development Loans (**) 9 -1 -14 -5 -5

 Housing Programs:

 FHA-Mutual Mortgage Insurance Loans -186 11,752 21,733 19,700 31,637 31,451

 FHA-General and Special Risk Fund 94 4,424 1,957 -2,389 1,941 2,034

 Home Ownership Preservation Entity Fund 18 18 (**) -17 -17 1

 Government National Mortgage Association:

 Guarantees of Mortgage-Backed Securities -150 -1,920 -1,485 6,253 4,482 4,332

 Department of the Interior:

 Bureau of Indian Affairs and Bureau of Indian Education (**) -6 -24 -46 -52 -52

 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 -8 -19 -48 -51 -62 -70

 Department of the Treasury:

 Departmental Offices:

 Air Transportation Stabilization Fund ...... ...... ...... (**) (**) (**)

 Troubled Assets Insurance Financing Fund ...... ...... ...... (**) (**) (**)

 Troubled Asset Relief Program ...... 1 1 -2 -1 -1

 Department of Veterans Affairs:

 Veterans Benefits Administration:

 Veterans Housing Benefit Program Fund -211 1,549 2,281 -9,169 -7,408 -7,620

 International Assistance Programs:

 Agency for International Development:

32
Net Transactions

(-) denotes net reduction of Account Balances

asset accounts

Current Fiscal Year

Fiscal Year to Date Beginning of Close of

Classification

This Month

This Year Prior Year This Year This Month This Month

Table 6. Schedule E-Net Activity, Guaranteed and Direct Loan Financing, July 2020 and Other Periods - Continued

[$ millions]

Guaranteed Loan Financing Activity: - Continued

 Ukraine Export Credit Insurance Fund ...... ...... ...... -1,098 -1,098 -1,098

 Loan Guarantees to Israel ...... ...... ...... -1,178 -1,178 -1,178

 Urban and Environmental Credit Guaranteed Loans ...... 2 3 -39 -38 -38

 Microenterprise and Small Enterprise Development ...... ...... ...... (**) (**) (**)

 Development Credit Authority Loan Fund ...... 2 -7 -101 -99 -99

 Tunisia Loan Fund (**) (**) ...... -1,325 -1,325 -1,325

 Overseas Private Investment Corporation ...... 23 13 255 278 278

 United States International Development Finance Corporation -54 24 ...... ...... 78 24

 Urban and Environmental Credit (**) 2 ...... ...... 2 2

 Small Business Administration:

 Business Loan Fund -13,943 -500,478 305 -1,662 -488,196 -502,140

 Independent Agencies:

 Export-Import Bank of the United States 39 181 290 -568 -426 -387

 Net Activity, Guaranteed Loan Financing -14,632 -486,992 25,529 32,488 -439,872 -454,504

Direct Loan Financing Activity:

 Department of Agriculture:

 Farm Service Agency:

 Agricultural Credit Insurance Fund 142 858 363 11,550 12,266 12,408

 Farm Storage Facility Loans (**) 21 21 819 841 841

 Apple Loans Fund ...... ...... ...... (**) (**) (**)

 Emergency Boll Weevil Loan Fund ...... -2 -1 3 2 2

 Rural Housing Service:

 Rural Community Facility Loans Fund -2 215 948 9,512 9,730 9,728

 Rural Housing Insurance Fund -38 -437 -474 15,735 15,336 15,298

 Multifamily Housing Revitalization Loan Account 1 33 14 416 448 449

 Rural Business - Cooperative Service:

 Rural Business and Industry Loan Fund (**) (**) -1 (**) -1 -1

 Rural Development Loan Fund -1 -15 -13 280 266 265

 Rural Economic Development Loan Fund 2 -8 6 185 175 177

 Rural Microenterprise Investment Loans (**) (**) 1 40 40 40

 Rural Utilities Service:

 Rural Water and Waste Disposal Loans -23 -271 -51 11,857 11,609 11,586

 Rural Electrification and Telecommunications Fund -387 2,224 -588 48,284 50,895 50,508

 Rural Telephone Bank -1 -14 -17 92 79 78

 Distance Learning and Telemedicine Program -3 -59 -74 560 505 501

 Rural Development Insurance Fund ...... ...... ...... 1,065 1,065 1,065

 Foreign Agricultural Service:

P.L. 480 Direct Loan Fund -4 -85 -40 407 326 322

International Debt Reduction ...... -4 -7 -62 -66 -66

 Department of Commerce:

 National Oceanic and Atmospheric Administration:

 Fisheries Finance -3 -8 -20 395 390 387

 Department of Defense--Military Programs -7 -128 -46 1,714 1,592 1,586

 Department of Education:

 Office of Postsecondary Education:

 College Housing and Academic Facilities Loans ...... (**) (**) 3 3 3

 Historically Black College and University Capital Financing

 Fund 36 61 16 1,320 1,344 1,381

 Office of Student Financial Assistance:

 Federal Direct Student Loans 2,046 -40,010 -5,483 1,177,207 1,135,152 1,137,197

 Teach Grant Loans 1 49 (**) 616 664 665

 Temporary Student Loan Purchase Authority -202 -9,075 -9,300 58,858 49,986 49,784

 Department of Energy:

 Advanced Technology Vehicles Manufacturing Loans ...... -335 -421 1,548 1,213 1,213

 Title 17 Innovative Technology Loans -27 1,712 2,015 12,737 14,475 14,449

 Department of Health and Human Services:

 Consumer Operated and Oriented Plan ...... -9 -8 126 117 117

 Consumer Operated and Oriented Plan Program Contingency Fund ...... (**) -1 55 55 55

 Department of Homeland Security:

 Disaster Assistance Loan Fund (**) -4 60 34 31 30

33
Net Transactions

(-) denotes net reduction of Account Balances

asset accounts

Current Fiscal Year

Fiscal Year to Date Beginning of Close of

Classification

This Month

This Year Prior Year This Year This Month This Month

Table 6. Schedule E-Net Activity, Guaranteed and Direct Loan Financing, July 2020 and Other Periods - Continued

[$ millions]

Direct Loan Financing Activity: - Continued

 Department of Housing and Urban Development:

 Housing Programs:

 Emergency Homeowners' Relief Fund ...... (**) -1 -1 -1 -1

 FHA-Mutual Mortgage Insurance Loans ...... ...... ...... (**) (**) (**)

 FHA-General and Special Risk Fund 18 266 271 2,077 2,325 2,343

 Green Retrofit Program for Multifamily Housing Fund 5 1 -6 8 3 8

 Department of the Interior:

 Bureau of Reclamation ...... -3 -3 30 27 27

 Bureau of Indian Affairs and Bureau of Indian Education (**) (**) -1 2 2 2

 Assistance to American Samoa Loan Fund ...... -1 -1 8 7 7

 Department of State:

 Administration of Foreign Affairs:

 Repatriation Loans -1 -1 -1 1 2 1

 Department of Transportation:

 Federal Highway Administration:

 Transportation Infrastructure Finance and Innovation Fund 49 -3,262 738 19,332 16,022 16,070

 Tiger Tifia Loan Fund -1 1 -2 58 60 59

 Federal Railroad Administration:

 Railroad Rehabilitation and Improvement Loan Fund (**) 202 682 1,070 1,272 1,272

 Maritime Administration:

 Maritime Guaranteed Loan (Title XI) FFB Financing Account ...... 312 ...... ...... 312 312

 Department of the Treasury:

 Departmental Offices:

 Community Development Financial Institutions Fund 26 90 268 1,110 1,173 1,199

 GSE Mortgage-Backed Securities Purchase Program ...... ...... ...... 4,613 4,613 4,613

 Temporary Credit and Liquidity Program -20 -1,221 -417 3,644 2,444 2,424

 Troubled Asset Relief Program ...... 64 -41 -43 20 20

 Small Business Lending Program -1 -9 -35 53 45 44

 ESF - Economic Stabilization Program -7,750 84,730 ...... ...... 92,480 84,730

 Bureau of the Fiscal Service ...... ...... ...... (**) (**) (**)

 Department of Veterans Affairs:

 Veterans Benefits Administration:

 Veterans Housing Benefit Program Fund -4 11 1 389 404 400

 Native American Veteran Housing Fund 1 -1 -1 68 66 67

 Transitional Housing Loans (**) (**) (**) (**) (**) (**)

 Vocational Rehabilitation Loan Fund (**) (**) (**) (**) (**) (**)

 Environmental Protection Agency:

 Water Infrastructure Finance and Innovation Loan Program 9 216 (**) (**) 207 217

 International Assistance Programs:

 International Security Assistance:

 Foreign Military Loan Program -439 -844 233 2,432 2,028 1,588

 Military Debt Reduction ...... -36 ...... 36 (**) (**)

 Agency for International Development:

 International Debt Reduction ...... -26 -55 -146 -172 -172

 Overseas Private Investment Corporation ...... 42 205 2,860 2,902 2,902

 International Monetary Programs ...... ...... ...... -278 -278 -278

 United States International Development Finance Corporation 243 637 ...... ...... 394 637

 International Debt Reduction (**) (**) ...... ...... ...... (**)

 Small Business Administration:

 Business Loan Fund 8 10 -5 172 175 183

 Disaster Loan Fund 35,821 130,399 301 8,252 102,831 138,652

 Independent Agencies:

 Export-Import Bank of the United States -12 -2,793 -3,375 13,831 11,050 11,038

 Federal Communications Commission:

 Spectrum Auction Loan Fund ...... ...... (**) (**) (**) (**)

 Net Activity, Direct Loan Financing 29,480 163,495 -14,342 1,414,936 1,548,951 1,578,431

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

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 2020

[$ millions]

Receipts:

 Individual Income Taxes 126,389 105,764 152,706 216,660 69,626 98,316 75,257 47,760 92,116 373,106 1,357,699 1,428,904

 Corporation Income Taxes 6,571 532 58,311 10,492 -2,041 10,390 3,940 -1,795 5,707 67,991 160,097 171,323

 Social Insurance and Retirement Receipts:

 Employment and General Retirement 86,671 93,654 102,399 117,604 97,239 107,165 129,982 99,529 124,009 94,360 1,052,612 1,002,557

 Unemployment Insurance 2,757 2,596 248 3,019 2,279 296 9,063 11,720 1,780 3,740 37,499 37,107

 Other Retirement 389 486 449 422 400 405 402 505 471 436 4,364 3,971

 Excise Taxes 6,037 7,513 7,017 6,308 6,685 6,415 353 2,701 3,678 6,226 52,933 79,063

 Estate and Gift Taxes 1,691 1,239 1,698 2,361 1,584 1,217 13 736 630 2,871 14,039 13,593

 Customs Duties 7,757 6,940 6,449 6,918 6,286 4,815 4,114 3,833 4,480 5,013 56,605 56,945

 Miscellaneous Receipts 7,260 6,461 6,529 8,506 5,892 7,749 18,739 8,871 7,958 9,752 87,717 66,740

 Total--Receipts This Year 245,521 225,185 335,805 372,288 187,951 236,766 241,863 173,861 240,829 563,496 2,823,564 ......

 (On-Budget) 181,095 155,648 259,671 281,546 112,136 153,068 142,052 96,428 145,640 491,021 2,018,304 ......

 (Off-Budget) 64,426 69,537 76,135 90,742 75,815 83,698 99,811 77,433 95,188 72,475 805,260 ......

 Total--Receipts Prior Year 252,692 205,961 312,584 339,980 167,265 228,811 535,545 232,064 333,952 251,348 ...... 2,860,202

 (On-Budget) 190,915 139,336 242,999 253,837 95,390 149,414 439,736 158,229 241,695 182,519 ...... 2,094,070

 (Off-Budget) 61,777 66,625 69,585 86,143 71,875 79,397 95,809 73,835 92,257 68,829 ...... 766,132

Outlays:

 Legislative Branch 504 303 586 460 385 455 384 443 521 451 4,494 4,137

 Judicial Branch 713 776 677 689 631 701 668 776 685 682 6,998 6,644

 Department of Agriculture:

 Commodity Credit Corporation 5,774 6,662 3,145 845 3,172 -75 -667 -290 -371 -630 17,565 16,736

 Foreign Agricultural Service 297 147 154 170 221 125 111 269 124 63 1,682 1,467

 Other 13,022 11,759 11,763 10,210 10,079 11,179 10,860 12,532 21,036 17,765 130,206 106,865

 Department of Commerce 963 2,359 1,291 1,012 993 1,200 1,478 1,202 1,310 1,108 12,916 9,620

 Department of Defense--Military Programs:

 Military Personnel 28,921 14,024 12,271 11,838 12,061 7,429 11,872 11,961 12,164 17,376 139,916 130,644

 Operation and Maintenance 21,805 21,315 23,294 23,443 21,683 25,018 23,262 23,204 23,543 22,790 229,356 221,659

 International Reconstruction and Other

 Assistance ...... ...... ...... ...... 2 2 -3 ...... ...... ...... (**) 6

 Procurement 8,404 14,858 13,029 8,838 10,928 14,186 11,077 13,079 10,212 11,354 115,966 102,261

 Research, Development, Test, and Evaluation 7,690 7,430 9,703 5,952 6,659 10,789 7,957 8,659 8,772 9,569 83,178 74,468

 Military Construction 862 583 668 521 611 864 876 601 877 816 7,279 6,398

 Family Housing 84 67 97 79 97 89 119 151 107 120 1,009 906

 Revolving and Management Funds 258 1,241 981 -92 551 -317 394 921 -857 334 3,413 5,021

 Other 209 556 -1,000 -224 30 -204 -273 -122 184 -482 -1,325 -922

 Total Department of Defense--Military Programs 68,233 60,073 59,042 50,354 52,622 57,855 55,280 58,453 55,003 61,877 578,791 540,442

 Department of Education 8,094 4,772 4,785 9,839 9,295 6,366 5,806 8,862 78,038 5,880 141,737 91,392

 Department of Energy 3,109 2,639 2,226 2,830 2,348 2,876 2,662 2,690 2,555 2,613 26,546 23,192

 Department of Health and Human Services:

 National Institutes of Health 3,179 3,110 3,002 2,932 3,059 3,240 2,886 2,845 3,208 2,919 30,380 29,508

 Centers for Medicare and Medicaid Services:

 Grants to States for Medicaid 34,777 33,243 32,932 34,760 37,235 34,664 45,304 39,862 42,202 43,271 378,249 338,171

 Federal Hospital Insurance Trust Fund 27,210 35,953 18,135 39,218 27,307 19,671 118,020 -2,190 32,137 41,642 357,105 272,914

 Federal Supplementary Medical Insurance

 Trust Fund 38,895 57,493 19,585 59,190 35,558 19,186 45,113 63,171 42,405 66,702 447,298 373,605

 Other 34,196 30,045 30,051 38,169 31,681 30,456 35,625 31,904 32,656 48,602 343,386 319,046

 Administration for Children and Families 4,848 5,527 4,594 4,908 4,637 5,255 5,297 4,688 4,753 5,292 49,798 46,291

 Other -37,714 -33,291 -36,428 -44,759 -37,500 -38,945 -2,237 -11,572 -27,573 -38,135 -308,155 -373,638

 Department of Homeland Security 4,884 5,053 5,450 4,563 4,299 4,776 5,487 6,031 6,599 5,849 52,991 47,824

 Department of Housing and Urban Development 3,836 3,798 4,056 3,667 3,753 4,452 4,093 4,797 -9,864 3,969 26,557 20,932

 Department of the Interior 1,251 900 1,467 1,255 856 1,495 2,120 1,162 1,866 1,388 13,759 11,335

 Department of Justice 3,135 2,778 3,024 3,671 364 3,534 5,645 2,817 3,714 2,332 31,015 29,115

 Department of Labor:

 Unemployment Trust Fund 2,285 2,079 2,941 3,407 3,090 4,659 21,550 29,561 35,443 36,452 141,467 26,880

 Other -5,653 1,278 2,206 1,475 265 990 27,970 64,308 81,241 73,266 247,347 3,926

 Department of State 2,251 3,377 2,733 2,411 2,213 2,760 2,858 1,658 2,708 3,286 26,256 22,552

 Department of Transportation:

 Highway Trust Fund 4,742 3,683 3,153 2,528 2,998 3,345 2,900 3,759 3,955 4,431 35,494 33,826

 Other 2,728 2,810 3,380 2,915 4,007 2,927 4,581 6,080 5,660 6,460 41,548 29,159

 Department of the Treasury:

 Interest on Treasury Debt Securities (Gross) 30,319 35,643 94,225 33,903 34,891 40,471 41,004 26,503 68,463 31,303 436,725 497,210

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 2020 - Continued

[$ millions]

Outlays: - Continued

 Other 8,903 6,937 9,272 6,375 60,060 22,626 392,098 71,967 28,139 24,526 630,903 136,799

 Department of Veterans Affairs:

 Compensation and Pensions 8,604 16,622 8,841 8,955 9,627 1,006 9,287 9,497 9,117 17,610 99,166 82,810

 National Service Life 54 49 37 63 43 58 55 51 46 48 504 566

 Other 8,937 10,481 8,136 8,964 8,128 6,230 9,276 9,943 8,474 9,504 88,073 82,201

 Corps of Engineers 710 684 785 731 663 795 1,089 326 472 814 7,068 5,253

 Other Defense Civil Programs 5,354 10,121 5,360 6,191 5,026 515 5,014 5,875 7,189 10,882 61,527 50,748

 Environmental Protection Agency 831 829 777 826 707 690 638 753 749 665 7,466 6,867

 Executive Office of the President 33 33 33 32 32 33 31 44 34 39 343 355

 General Services Administration 46 -54 -17 -27 400 -3 -128 -226 57 -1 47 -707

 International Assistance Programs:

 International Security Assistance 513 2,093 1,100 3,526 426 505 493 590 577 1,075 10,897 10,033

 Multilateral Assistance (**) 1 235 46 3 1,489 242 29 157 153 2,354 1,880

 Agency for International Development 1,095 816 626 457 728 730 710 1,165 668 557 7,553 6,754

 Other -176 -564 -2,667 -1,540 285 2,649 1,054 -579 -520 -752 -2,810 1,685

 National Aeronautics and Space Administration 1,715 1,793 2,346 1,318 1,489 1,864 1,625 1,862 1,963 1,835 17,810 16,397

 National Science Foundation 679 595 549 578 535 538 522 541 601 677 5,814 5,775

 Office of Personnel Management 9,587 8,470 8,102 9,445 9,062 8,988 9,286 7,815 7,635 9,443 87,832 85,813

 Small Business Administration 81 81 104 85 102 -1,056 15,367 10,844 511,355 26,137 563,101 273

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust

 Fund (Off-Budget) 76,709 76,640 76,503 78,344 78,476 79,020 79,245 79,282 84,610 79,777 788,606 744,799

 Federal Disability Insurance Trust Fund

 (Off-Budget) 12,285 12,259 11,774 12,402 12,262 12,540 12,520 12,512 12,118 12,112 122,785 123,258

 Other 4,688 9,303 4,896 4,820 4,896 309 4,816 5,336 4,736 9,332 53,132 47,718

 Independent Agencies:

 Deposit Insurance Fund 367 124 -989 266 -631 -1,312 528 -160 -1,460 -189 -3,457 -6,143

 FSLIC Resolution Fund -2 -1 -2 -1 -1 (**) (**) (**) (**) 19 11 -16

 Postal Service:

 Off-Budget:

 Public Enterprise Funds 545 788 -690 -696 -91 -459 -887 897 -336 -790 -1,720 -455

 Other 38 20 1 208 ...... ...... ...... ...... ...... ...... 267 265

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

 Tennessee Valley Authority -188 -95 36 -180 -302 428 -85 -731 617 -106 -606 -1,043

 Other 2,399 2,532 2,658 2,105 3,428 4,115 5,600 1,525 -2,269 2,715 24,809 24,855

 Undistributed Offsetting Receipts:

 Employer Share, Employee Retirement -22,480 -7,025 -7,112 -6,895 -6,741 -6,760 -6,810 -7,449 -7,927 -6,582 -85,780 -78,172

 Interest Received by Trust Funds 3,223 -2,183 -59,103 -1,716 -3,729 -2,767 -6,312 535 -50,151 -1,586 -123,790 -143,921

 Rents and Royalties on the Outer Continental

 Shelf Lands -441 -295 -672 -480 -115 -631 -188 48 -221 -264 -3,259 -5,680

 Other (**) (**) (**) (**) (**) (**) (**) (**) (**) (**) -1 -1,157

 Totals This Year:

 Total Outlays 379,988 434,024 349,091 404,883 423,229 355,754 979,885 572,614 1,104,9 626,487 5,630,859 ......

03

 (On-Budget) 300,962 345,901 302,065 326,440 334,290 266,410 900,847 481,642 1,049,2 547,234 4,855,075 ......

84

 (Off-Budget) 79,026 88,122 47,026 78,443 88,939 89,344 79,038 90,972 55,619 79,253 775,784 ......

 Total-Surplus (+) or Deficit (-) -134,467 -208,838 -13,286 -32,595 -235,278 -118,988 -738,022 -398,754 -864,074 -62,992 -2,807,295 ......

 (On-Budget) -119,867 -190,253 -42,394 -44,894 -222,155 -113,342 -758,795 -385,215 -903,644 -56,214 -2,836,771 ......

 (Off-Budget) -14,600 -18,585 29,108 12,299 -13,124 -5,646 20,773 -13,539 39,569 -6,778 29,476 ......

 Total Borrowing from the Public 159,836 125,462 65,767 41,898 200,119 267,964 1,386,5 759,988 716,272 106,415 3,830,250 452,803

28

 Total-Outlays Prior Year 353,183 410,864 326,123 331,299 401,243 375,756 375,240 439,833 342,430 371,043 ...... 3,727,014

 (On-Budget) 279,122 328,697 284,536 256,096 316,103 290,478 299,230 352,744 292,171 293,461 ...... 2,992,637

 (Off-Budget) 74,061 82,166 41,588 75,203 85,140 85,278 76,011 87,089 50,259 77,582 ...... 734,376

 Total-Surplus (+) or Deficit (-) Prior Year -100,491 -204,903 -13,539 8,681 -233,977 -146,945 160,304 -207,768 -8,477 -119,695 ...... -866,811

 (On-Budget) -88,207 -189,361 -41,537 -2,259 -220,713 -141,064 140,506 -194,514 -50,476 -110,942 ...... -898,567

 (Off-Budget) -12,284 -15,541 27,997 10,940 -13,265 -5,881 19,798 -13,254 41,999 -8,753 ...... 31,756

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

... No Transactions

36
This Month

Excess Beginning of

This Year This Month

Close of

This Month

Fiscal Year to Date Securities Held as Investments

Current Fiscal Year

Classification

Receipts Outlays Excess Receipts Outlays

Table 8. Trust Fund Impact on Budget Results and Investment Holdings as of July 31, 2020

[$ millions]

Trust Receipts, Outlays, and Investments Held:

 Airport and Airway 15 1,733 -1,718 19,900 15,733 4,167 15,018 11,270 10,144

 Black Lung Disability 35 17 18 188 175 13 ...... ...... ......

 Federal Disability Insurance 11,193 12,112 -919 123,731 122,785 946 96,520 98,357 97,529

 Federal Employees Life and Health ...... 97 -97 ...... -1,424 1,424 76,001 77,450 77,354

 Federal Employees Retirement 3,585 7,954 -4,369 62,412 77,082 -14,670 960,338 950,034 945,680

 Federal Hospital Insurance 37,895 41,786 -3,892 286,193 358,631 -72,438 ...... ...... ......

 Federal Old-Age and Survivors Insurance 73,128 79,777 -6,649 815,683 788,606 27,077 2,804,396 2,838,213 2,831,581

 Federal Supplementary Medical Insurance 42,138 66,702 -24,565 409,060 447,298 -38,238 104,716 91,700 69,275

 Hazardous Substance Superfund 27 124 -97 1,339 1,257 81 5,251 5,344 5,271

 Highways 3,842 5,503 -1,661 29,821 44,744 -14,924 28,192 16,526 14,562

 Military Advances 3,329 2,503 826 33,815 30,378 3,437 ...... ...... ......

 Military Retirement 2,828 9,965 -7,137 126,772 56,565 70,207 827,414 913,243 906,617

 Railroad Retirement 1,516 1,551 -35 11,800 13,249 -1,448 2,606 1,792 2,118

 Unemployment 3,770 36,476 -32,706 122,390 141,630 -19,240 84,361 80,744 59,535

 Veterans Life Insurance 2 64 -61 106 629 -523 3,815 3,357 3,299

 All Other Trust 664 653 11 6,076 5,388 688 237,286 169,544 163,709

 Total Trust Fund Receipts and Outlays and Investments

 Held from Table 6-D 183,967 267,016 -83,050 2,049,287 2,102,727 -53,441 5,245,914 5,257,576 5,186,674

 Less: Interfund Transactions 81,182 81,182 ...... 912,242 912,242 ...... ...... ...... ......

 Trust Fund Receipts and Outlays on the Basis of

 Tables 4 & 5 102,784 185,834 -83,050 1,137,044 1,190,485 -53,441

Total Federal Fund Receipts and Outlays 460,770 440,713 20,058 1,687,252 4,441,106 -2,753,854

 Less: Interfund Transactions 59 59 ...... 732 732 ......

 Federal Fund Receipts and Outlays on the Basis of

 Table 4 & 5 460,712 440,654 20,058 1,686,520 4,440,374 -2,753,854

Net Budget Receipts & Outlays 563,496 626,487 -62,992 2,823,564 5,630,859 -2,807,295

Note: Details may not add to totals due to rounding. receipts and outlays since the receipt side of such transactions is offset

Note: Interfund receipts and outlays are transactions between Federal funds and against budget outlays. In this table, Interfund receipts are shown as an

trust funds such as Federal payments and contributions, and interest and profits adjustment to arrive at total receipts and outlays of trust funds respectively.

on investments in Federal securities. They have no net effect on overall budget ... No Transactions

37
Classification This Month Fiscal Year

to Date

Comparable Period

Prior Fiscal Year

Table 9. Summary of Receipts by Source, and Outlays by Function of the U.S. Government, July 2020 and Other Periods

[$ millions]

Receipts

 Individual Income Taxes 373,106 1,357,699 1,428,904

 Corporation Income Taxes 67,991 160,097 171,323

 Social Insurance and Retirement Receipts:

 Employment and General Retirement 94,360 1,052,612 1,002,557

 Unemployment Insurance 3,740 37,499 37,107

 Other Retirement 436 4,364 3,971

 Excise Taxes 6,226 52,933 79,063

 Estate and Gift Taxes 2,871 14,039 13,593

 Customs Duties 5,013 56,605 56,945

 Miscellaneous Receipts 9,752 87,717 66,740

 Total 563,496 2,823,564 2,860,202

Net Outlays

 National Defense 64,861 608,339 568,244

 International Affairs 4,455 56,990 43,827

 General Science, Space, and Technology 2,958 28,022 26,238

 Energy 641 5,868 3,698

 Natural Resources and Environment 3,510 34,378 29,407

 Agriculture 3,244 41,117 31,828

 Commerce and Housing Credit 30,918 558,893 -24,712

 Transportation 16,104 118,019 75,995

 Community and Regional Development 8,589 46,991 24,666

 Education, Training, Employment, and Social Services 8,776 169,485 117,461

 Health 73,656 623,728 482,216

 Medicare 97,041 690,101 540,505

 Income Security 164,487 1,105,659 445,864

 Social Security 91,893 911,563 867,942

 Veterans Benefits and Services 27,195 187,994 165,970

 Administration of Justice 5,431 59,229 54,807

 General Government -73 164,106 14,626

 Net Interest 29,648 309,415 343,437

 Undistributed Offsetting Receipts -6,845 -89,038 -85,006

 Total 626,487 5,630,859 3,727,014

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 $XJXVW 20 Statement 

will be 2:00 p.m. EST 6HSWHPEHU  20.

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