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 June 30, 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

Driven by the impact of the COVID-19 outbreak and government response, the deficit for June 2020 was $864 billion, 

compared to $8 billion in June 2019. More than half of this increase was due to a $511 billion increase in Small 

Business Administration budget outlays, primarily for the Paycheck Protection Program (PPP). Cash expenditures 

for loan forgiveness under PPP will occur in subsequent months. 

The gross interest on Treasury debt securities, which includes the semi-annual interest payment to trust funds 

investing in special issue par value government securities, is $68 billion. Net interest, which includes interest paid 

to holders of the debt that Treasury issues to the public, totals $19 billion.
4

Total Receipts

$241 Billion

Total Outlays

$1,105 Billion

Receipts by Source: Outlays by Function:

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

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

Total Receipts

$2,260 Billion

Total Outlays

$5,004 Billion

Receipts by Source: Outlays by Function:

Deficit

$2,744 Billion

Deficit

$864 Billion

Source data: Table 9

Social Insurance & Retirement $126 Billion 

Individual Income Taxes $92 Billion 

Miscellaneous 

$6 Billion 

Excise Taxes

$4 Billion 

Corporation Income Taxes 

$8 Billion 

$4 Billion 

$.6 Billion 

Customs Duties

Estate and Gift Taxes

$97 Billion Social Security

National Defense

$494 Billion 

Health

$81 Billion 

Income Security

$71 Billion 

$61 Billion Medicare

$58 Billion 

$51 Billion 

Education

Commerce & Housing Credit

Other

$156 Billion 

Veterans' Benefits & Services

Net Interest $19 Billion 

$18 Billion 

$820 Billion Social Security 

$543 Billion National Defense

Health

$941 Billion Income Security

$593 Billion Medicare

$550 Billion 

$161 Billion 

$424 Billion 

General Government

Veterans' Benefits & Services

Other

Social Insurance & Retirement $996 Billion 

Individual Income Taxes $986 Billion 

Miscellaneous 

$78 Billion 

Excise Taxes 

$52 Billion 

Corporation Income Taxes 

$92 Billion 

$47 Billion 

$11 Billion 

Customs Duties

Estate and Gift Taxes

$280 Billion Net Interest

$164 Billion

$528 Billion Commerce & Housing Credit
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 1572,614 398,754

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

 Year-to-Date 2,260,069 5,004,372 2,744,303

1 Outlays decreased by $68 million due to additional reporting by the Department Note: Details may not add to totals due to rounding.

of Education.

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, June 2020 and Other Periods

[$ millions]

Total On-Budget and Off-Budget Results:

 Total Receipts 240,829 2,260,069 3,706,327 2,608,855 3,863,293

 On-Budget Receipts 145,640 1,527,283 2,739,254 1,911,551 2,852,257

 Off-Budget Receipts 95,188 732,785 967,073 697,303 1,011,036

 Total Outlays 1,104,903 5,004,372 4,789,746 3,355,971 4,829,359

 On-Budget Outlays 1,049,284 4,307,841 3,829,949 2,699,176 3,811,118

 Off-Budget Outlays 55,619 696,531 959,797 656,794 1,018,241

 Total Surplus (+) or Deficit (-) -864,074 -2,744,303 -1,083,419 -747,116 -966,066

 On-Budget Surplus (+) or Deficit (-) -903,644 -2,780,557 -1,090,695 -787,625 -958,861

 Off-Budget Surplus (+) or Deficit (-) +39,569 +36,254 +7,276 +40,509 -7,205

 Total On-Budget and Off-Budget Financing 864,074 2,744,303 1,083,419 747,116 966,066

Means of Financing:

 Borrowing from the Public 716,272 3,723,835 1,080,435 428,381 1,030,904

 Reduction of Operating Cash, Increase (-) 121,003 ......

 By Other Means

-272,903

420,705

-1,339,549

360,017

-2,517

5,500 197,731 -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

5
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

($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

$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

$92B$78B

$63B

$47B

$985B

$996B

Fiscal Year 2020 to Date: $2,260B

2019 2020

Oct

NovDec

Jan

Feb

Mar

Apr

May

Jun

Jul

AugSep

Oct

NovDec

Jan

Feb

Mar

Apr

May

Jun

$0B

$50B

$100B

$150B

$200B

$250B

$300B

$350B

$400B

$450B

$500B

$550B

Receipt Amount

$8B$5B$6B

$4B

$92B

$126B

Month of June 2020: $241B

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

$97B

$61B

$19B

$150B

$156B

$494B

$58B

$71B

Month of June 2020: $1,105B

$820B

$593B

$941B

$550B

$543B

$280B

$749B $528B

Fiscal Year 2020 to Date: $5,004B

2019 2020

Oct

NovDec

Jan

Feb

Mar

Apr

May

Jun

Jul

AugSep

Oct

NovDec

Jan

Feb

Mar

Apr

May

Jun

$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, June 2020 and Other Periods

[$ millions]

Budget Receipts

 Individual Income Taxes 92,116 984,593 1,301,477 1,812,040

 Corporation Income Taxes 5,707 92,106 164,355 263,642

 Social Insurance and Retirement Receipts:

 Employment and General Retirement (Off-Budget) 95,188 732,785 697,303 967,073

 Employment and General Retirement (On-Budget) 28,820 225,466 215,683 297,713

 Unemployment Insurance 1,780 33,759 33,258 42,004

 Other Retirement 471 3,929 3,543 5,236

 Excise Taxes 3,678 46,707 71,195 94,593

 Estate and Gift Taxes 630 11,168 12,435 20,389

 Customs Duties 4,480 51,592 50,472 92,304

 Miscellaneous Receipts 7,958 77,965 59,134 111,333

 Total Receipts 240,829 2,260,069 2,608,855 3,706,327

 (On-Budget) 145,640 1,527,283 1,911,551 2,739,254

 (Off-Budget) 95,188 732,785 697,303 967,073

Budget Outlays

 Legislative Branch 521 4,042 3,636 6,048

 Judicial Branch 685 6,317 5,957 8,580

 Department of Agriculture 20,788 132,254 115,093 154,617

 Department of Commerce 1,310 11,808 8,574 17,124

 Department of Defense--Military Programs 55,003 516,915 487,777 689,589

 Department of Education 78,038 2135,857 86,430 159,297

 Department of Energy 2,555 23,934 20,745 34,351

 Department of Health and Human Services 129,788 1,127,768 901,867 1,322,128

 Department of Homeland Security 6,599 47,142 42,619 62,152

 Department of Housing and Urban Development -9,864 22,588 17,324 36,049

 Department of the Interior 1,866 12,372 10,053 17,458

 Department of Justice 3,714 28,683 25,992 45,277

 Department of Labor 116,684 279,095 26,936 36,390

 Department of State 2,708 22,970 20,540 32,169

 Department of Transportation 9,615 66,151 54,977 84,659

 Department of the Treasury:

 Interest on Treasury Debt Securities (Gross) 68,463 405,423 456,868 576,465

 Other 28,139 606,377 128,939 124,576

 Department of Veterans Affairs 17,637 160,581 148,948 214,336

 Corps of Engineers 472 6,254 4,796 5,543

 Other Defense Civil Programs 7,189 50,645 45,411 64,521

 Environmental Protection Agency 749 6,800 6,265 7,498

 Executive Office of the President 34 305 298 440

 General Services Administration 57 49 -690 1,222

 International Assistance Programs 883 16,961 19,589 25,670

 National Aeronautics and Space Administration 1,963 15,975 14,744 21,545

 National Science Foundation 601 5,138 5,081 7,504

 Office of Personnel Management 7,635 78,389 76,876 106,405

 Small Business Administration 511,355 536,963 170 -158

 Social Security Administration 101,465 863,303 822,993 1,155,231

 Independent Agencies -3,449 17,712 14,892 27,498

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

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

 Undistributed Offsetting Receipts:

 Interest -50,151 -122,204 -140,224 -145,570

 Other -8,148 -82,194 -77,504 -109,232

 Total Outlays 1,104,903 5,004,372 3,355,971 4,789,746

 (On-Budget) 1,049,284 4,307,841 2,699,176 3,829,949

 (Off-Budget) 55,619 696,531 656,794 959,797

 Surplus (+) or Deficit (-) -864,074 -2,744,303 -747,116 -1,083,419

 (On-Budget) -903,644 -2,780,557 -787,625 -1,090,695

 (Off-Budget) +39,569 +36,254 +40,509 +7,276

1 These estimates are based on the FY 2021 Budget, released by the Office of Note: Details may not add to totals due to rounding.

Management and Budget on February 10, 2020. ... No Transactions

2 Outlays decreased by $68 million due to additional reporting for the month of (**) Less than absolute value of $500,000

May 2020.

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, June 2020 and Other Periods

[$ millions]

Individual Income Taxes

 Withheld 173,997 973,934 1,002,838

 Presidential Election Campaign Fund 1 16 24

 Other 127,848 214,729 531,277

 Total -- Individual Income Taxes 101,846 9,730 92,116 1,188,679 204,086 984,593 1,534,139 232,662 1,301,477

Corporation Income Taxes 10,674 4,967 5,707 125,507 33,401 92,106 202,102 37,747 164,355

Social Insurance and Retirement Receipts:

 Employment and General Retirement:

 Federal Old-Age and Survivors Insurance Trust Fund:

 Federal Insurance Contributions Act Taxes 171,482 ...... 71,482 586,878 ...... 586,878 549,413 ...... 549,413

 Self-Employment Contributions Act Taxes 16,297 ...... 6,297 34,471 ...... 34,471 31,995 ...... 31,995

 Adjustments Attributable to Prior Years-FICA 13,896 ...... 3,896 5,412 ...... 5,412 4,297 ...... 4,297

 Adjustments Attrbutable to Prior Years-SECA ...... -204 -325 ...... -325 -1,013 ...... -1,013

 Total -- Federal Old-Age and Survivors Insurance Trust Fund

1

-204

81,471 ...... 81,471 626,436 ...... 626,436 584,691 ...... 584,691

 Federal Disability Insurance Trust Fund:

 Federal Insurance Contributions Act Taxes 112,139 ...... 12,139 99,659 ...... 99,659 104,933 ...... 104,933

 Self-Employment Contributions Act Taxes 11,069 ...... 1,069 5,851 ...... 5,851 6,883 ...... 6,883

 Adjustments Attributable to Prior Years-FICA 1568 ...... 568 940 ...... 940 1,046 ...... 1,046

 Adjustments Attributable to Prior Years-SECA 1

-59 ...... -59 -101 ...... -101 -250 ...... -250

 Total -- Federal Disability Insurance Trust Fund 13,718 ...... 13,718 106,349 ...... 106,349 112,612 ...... 112,612

 Federal Hospital Insurance Trust Fund:

 Federal Insurance Contributions Act Taxes 123,360 ...... 23,360 203,490 ...... 203,490 194,315 ...... 194,315

 Self-Employment Contributions Act Taxes 13,372 ...... 3,372 16,043 ...... 16,043 15,451 ...... 15,451

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

 Adjustments Attributable to Prior Years-FICA 11,760 ...... 1,760 2,027 ...... 2,027 1,711 ...... 1,711

 Adjustments Attributable to Prior Years-SECA 1

-37 ...... -37 -54 ...... -54 -399 ...... -399

 Total -- Federal Hospital Insurance Trust Fund 29,038 ...... 29,038 222,088 ...... 222,088 211,688 ...... 211,688

 Railroad Retirement:

 Rail Pension and Supplemental Annuity 212 4 209 2,185 71 2,114 2,446 6 2,440

 Social Security Equivalent Account -423 3 -426 1,336 72 1,264 1,562 5 1,556

 Total -- Employment and General Retirement 124,016 7 124,009 958,395 143 958,252 912,998 12 912,987

 Unemployment Insurance:

 Deposits by States 1,749 ...... 1,749 28,139 ...... 28,139 27,781 ...... 27,781

 Federal Unemployment Taxes 35 5 31 5,637 88 5,548 5,583 206 5,377

 Railroad Unemployment Taxes (**) ...... (**) 71 ...... 71 100 ...... 100

 Total -- Unemployment Insurance 1,785 5 1,780 33,847 88 33,759 33,464 206 33,258

 Other Retirement:

 Federal Employees' Retirement--Employee Share 468 ...... 468 3,907 ...... 3,907 3,521 ...... 3,521

 Non-Federal Employees Retirement 3 ...... 3 22 ...... 22 21 ...... 21

 Total -- Other Retirement 471 ...... 471 3,929 ...... 3,929 3,543 ...... 3,543

 Total -- Social Insurance and Retirement Receipts 126,271 12 126,259 996,170 231 995,939 950,005 218 949,787

Excise Taxes:

 Miscellaneous Excise Taxes 1,609 139 1,470 17,545 5,886 11,658 34,260 4,652 29,608

 Airport and Airway Trust Fund 8 ...... 8 9,123 16 9,108 11,417 9 11,408

 Highway Trust Fund 2,224 44 2,181 26,078 289 25,789 30,296 290 30,006

 Black Lung Disability Trust Fund 20 ...... 20 151 ...... 151 173 ...... 173

 Total -- Excise Taxes 3,861 183 3,678 52,898 6,191 46,707 76,146 4,951 71,195

Estate and Gift Taxes 636 6 630 11,565 397 11,168 13,157 722 12,435

Customs Duties 5,310 829 4,480 56,282 4,690 51,592 52,308 1,836 50,472

Miscellaneous Receipts:

 Deposit of Earnings, Federal Reserve System 6,545 ...... 6,545 55,146 ...... 55,146 40,044 ...... 40,044

 Universal Service Fund 589 ...... 589 6,343 ...... 6,343 7,189 ...... 7,189

 All Other 824 (**) 824 16,502 26 16,476 11,928 27 11,901

 Total -- Miscellaneous Receipts 7,958 (**) 7,958 77,990 26 77,965 59,161 27 59,134

Total -- Receipts 256,557 15,728 240,829 2,509,091 249,022 2,260,069 2,887,018 278,163 2,608,855

 Total -- On-Budget 161,368 15,728 145,640 1,776,305 249,022 1,527,283 2,189,715 278,163 1,911,551

 Total -- Off-Budget 95,188 ...... 95,188 732,785 ...... 732,785 697,303 ...... 697,303

1 In accordance with the Social Security Act as amended: Individual Income Taxes, calendar year 2017 and prior.

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

increased by $6,224 million to correct estimates for the calendar year 2019. ... No Transactions

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

Contribution Act Taxes decreased by $300 million to correct estimates for

10
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

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

[$ millions]

Legislative Branch:

 Senate 83 (**) 83 726 1 725 704 2 703

 House of Representatives 115 (**) 115 1,107 2 1,105 1,024 2 1,022

 Joint Items 1 ...... 1 14 ...... 14 14 ...... 14

 Capitol Police 52 ...... 52 354 ...... 354 312 ...... 312

 Congressional Budget Office 6 ...... 6 41 ...... 41 36 ...... 36

 Architect of the Capitol 62 (**) 62 584 3 582 465 5 460

 Library of Congress 77 (**) 77 550 5 545 511 8 504

 Government Printing Office 39 ...... 39 108 ...... 108 52 ...... 52

 Government Accountability Office 71 ...... 71 471 ...... 471 437 ...... 437

 United States Tax Court 5 ...... 5 41 ...... 41 39 ...... 39

 Other Legislative Branch Agencies 10 ...... 10 96 ...... 96 84 ...... 84

 Proprietary Receipts from the Public ...... (**) (**) ...... 32 -32 ...... 20 -20

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

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

 Total--Legislative Branch 522 1 521 4,084 42 4,042 3,672 36 3,636

Judicial Branch:

 Supreme Court of the United States 7 ...... 7 75 ...... 75 73 ...... 73

 Courts of Appeals, District Courts, and Other Judicial

 Services 625 ...... 625 6,547 ...... 6,547 6,262 ...... 6,262

 Other 32 ...... 32 533 ...... 533 483 ...... 483

 Proprietary Receipts from the Public ...... 5 -5 ...... 122 -122 ...... 109 -109

 Intrabudgetary Transactions 25 ...... 25 -716 ...... -716 -751 ...... -751

 Total--Judicial Branch 690 5 685 6,439 122 6,317 6,066 109 5,957

Department of Agriculture:

 Agricultural Research Service 139 ...... 139 1,046 ...... 1,046 892 ...... 892

 National Institute of Food and Agriculture:

 Research and Education Activities 83 ...... 83 536 ...... 536 531 ...... 531

 Extension Activities 73 ...... 73 383 ...... 383 384 ...... 384

 Other 9 ...... 9 57 ...... 57 88 ...... 88

 Animal and Plant Health Inspection Service 134 ...... 134 1,057 ...... 1,057 919 ...... 919

 Food Safety and Inspection Service 111 ...... 111 797 ...... 797 767 ...... 767

 Agricultural Marketing Service 92 ...... 92 1,047 ...... 1,047 1,051 ...... 1,051

 Risk Management Agency:

 Administrative and Operating Expenses 6 ...... 6 49 ...... 49 48 ...... 48

 Federal Crop Insurance Corporation Fund 306 144 162 10,495 2,971 7,524 9,287 375 8,912

 Farm Service Agency:

 Salaries and Expenses 148 ...... 148 763 ...... 763 703 ...... 703

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

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

 Commodity Credit Corporation 672 1,043 -371 24,200 6,005 18,195 22,386 5,072 17,314

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

 Agricultural Credit Insurance Fund 7 3 4 365 32 333 357 33 324

 Other 10 ...... 10 168 ...... 168 98 ...... 98

 Total--Farm Service Agency 837 1,046 -209 25,498 6,037 19,461 23,562 5,105 18,457

 Natural Resources Conservation Service:

 Conservation Operations 87 ...... 87 648 ...... 648 523 ...... 523

 Farm Security and Rural Investment Programs 206 ...... 206 2,637 ...... 2,637 2,497 ...... 2,497

 Other 18 ...... 18 187 ...... 187 139 ...... 139

 Rural Development 82 ...... 82 86 ...... 86 14 ...... 14

 Rural Housing Service:

 Rural Housing Insurance Fund 9 30 -20 506 328 178 485 345 140

 Rental Assistance Program 90 ...... 90 901 ...... 901 895 ...... 895

 Other 15 ...... 15 131 ...... 131 109 ...... 109

 Rural Utilities Service:

 Rural Electrification and Telecommunications Fund 271 20 251 1,571 97 1,474 2,402 1,760 642

 Other 51 3 48 449 39 411 425 48 377

 Foreign Agricultural Service 124 ...... 124 1,619 ...... 1,619 1,367 ...... 1,367

 Food and Nutrition Service:

 Supplemental Nutrition Assistance Program 10,639 ...... 10,639 57,457 ...... 57,457 47,735 ...... 47,735

 Child Nutrition Programs 1,848 ...... 1,848 19,058 ...... 19,058 19,999 ...... 19,999

 Special Supplemental Nutrition Program for Women,

 Infants, and Children (WIC) 396 ...... 396 3,862 ...... 3,862 4,005 ...... 4,005

 Other 91 ...... 91 506 ...... 506 377 ...... 377

 Total--Food and Nutrition Service 12,974 ...... 12,974 80,883 ...... 80,883 72,116 ...... 72,116

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, June 2020 and Other Periods - Continued

[$ millions]

Department of Agriculture: - Continued

 Forest Service:

 National Forest System 208 ...... 208 1,397 ...... 1,397 1,326 ...... 1,326

 Capital Improvement and Maintenance 47 ...... 47 340 ...... 340 289 ...... 289

 Wildland Fire Management 260 ...... 260 1,447 ...... 1,447 1,679 ...... 1,679

 Forest Service Permanent Appropriations 57 ...... 57 386 ...... 386 405 ...... 405

 Other 71 ...... 71 550 ...... 550 498 ...... 498

 Total--Forest Service 642 ...... 642 4,121 ...... 4,121 4,197 ...... 4,197

 Other 5,823 3 5,819 7,837 29 7,808 1,097 33 1,064

 Proprietary Receipts from the Public (**) 95 -95 (**) 944 -944 ...... 957 -957

 Intrabudgetary Transactions -53 ...... -53 155 ...... 155 -83 ...... -83

 Total--Department of Agriculture 22,130 1,341 20,788 142,697 10,443 132,254 123,716 8,623 115,093

Department of Commerce:

 Economic Development Administration 22 ...... 22 242 ...... 242 197 ...... 197

 Bureau of the Census 505 ...... 505 4,265 ...... 4,265 1,713 ...... 1,713

 International Trade Administration 45 ...... 45 365 ...... 365 327 ...... 327

 National Oceanic and Atmospheric Administration 532 ...... 532 4,336 5 4,332 3,911 7 3,903

 National Institute of Standards and Technology 95 ...... 95 800 ...... 800 770 ...... 770

 National Telecommunications and Information Administration 18 ...... 18 1,487 (**) 1,487 1,545 1 1,544

 Other 102 8 94 370 59 311 208 62 146

 Proprietary Receipts from the Public ...... 1 -1 ...... -7 7 ...... 27 -27

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

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

 Total--Department of Commerce 1,319 9 1,310 11,867 59 11,808 8,672 98 8,574

Department of Defense--Military Programs:

 Military Personnel:

 Department of the Army 4,381 ...... 4,381 45,106 ...... 45,106 45,842 ...... 45,842

 Department of the Navy 4,048 ...... 4,048 38,456 ...... 38,456 37,388 ...... 37,388

 Department of the Air Force 3,735 ...... 3,735 30,473 ...... 30,473 28,568 ...... 28,568

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

 Total--Military Personnel 12,164 ...... 12,164 122,541 ...... 122,541 119,707 ...... 119,707

 Operation and Maintenance:

 Department of the Army 5,791 ...... 5,791 54,843 ...... 54,843 51,591 ...... 51,591

 Department of the Navy 5,589 ...... 5,589 49,049 ...... 49,049 46,998 ...... 46,998

 Department of the Air Force 5,150 ...... 5,150 45,384 ...... 45,384 44,490 ...... 44,490

 Defense Agencies 7,013 ...... 7,013 57,290 ...... 57,290 56,340 ...... 56,340

 Total--Operation and Maintenance 23,543 ...... 23,543 206,566 ...... 206,566 199,419 ...... 199,419

 International Reconstruction and Other Assistance:

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

 Procurement:

 Department of the Army 2,173 ...... 2,173 18,076 ...... 18,076 15,048 ...... 15,048

 Department of the Navy 4,761 ...... 4,761 40,441 ...... 40,441 35,347 ...... 35,347

 Department of the Air Force 2,478 ...... 2,478 39,363 ...... 39,363 35,007 ...... 35,007

 Defense Agencies 800 ...... 800 6,732 ...... 6,732 5,703 ...... 5,703

 Total--Procurement 10,212 ...... 10,212 104,612 ...... 104,612 91,103 ...... 91,103

 Research, Development, Test, and Evaluation:

 Department of the Army 912 ...... 912 9,094 ...... 9,094 6,714 ...... 6,714

 Department of the Navy 1,614 ...... 1,614 14,105 ...... 14,105 13,714 ...... 13,714

 Department of the Air Force 4,371 ...... 4,371 33,041 ...... 33,041 30,610 ...... 30,610

 Defense Agencies 1,874 ...... 1,874 17,368 ...... 17,368 16,626 ...... 16,626

 Total--Research, Development, Test, and Evaluation 8,772 ...... 8,772 73,609 ...... 73,609 67,664 ...... 67,664

 Military Construction:

 Department of the Army 181 ...... 181 1,544 ...... 1,544 1,666 ...... 1,666

 Department of the Navy 220 ...... 220 1,360 ...... 1,360 1,129 ...... 1,129

 Department of the Air Force 231 ...... 231 1,394 ...... 1,394 938 ...... 938

 Defense Agencies 245 ...... 245 2,165 ...... 2,165 2,028 ...... 2,028

 Total--Military Construction 877 ...... 877 6,463 ...... 6,463 5,761 ...... 5,761

 Family Housing:

 Department of the Army 41 ...... 41 322 ...... 322 324 ...... 324

 Department of the Navy 36 ...... 36 222 ...... 222 191 ...... 191

 Department of the Air Force 25 ...... 25 255 ...... 255 237 ...... 237

 Defense Agencies 5 ...... 5 90 (**) 90 53 (**) 53

 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, June 2020 and Other Periods - Continued

[$ millions]

Department of Defense--Military Programs: - Continued

 Department of the Navy 28 ...... 28 256 ...... 256 207 ...... 207

 Defense Agencies:

 Working Capital Fund -875 ...... -875 2,774 ...... 2,774 3,882 ...... 3,882

 Other -10 ...... -10 49 ...... 49 25 ...... 25

 Allowances 30 ...... 30 34 ...... 34 124 ...... 124

 Trust Funds:

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

 Department of the Navy 4 ...... 4 19 ...... 19 26 ...... 26

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

 Defense Agencies 39 ...... 39 315 ...... 315 239 ...... 239

 Proprietary Receipts from the Public:

 Department of the Army ...... -166 166 ...... -162 162 ...... -183 183

 Department of the Navy ...... 4 -4 ...... 30 -30 ...... 45 -45

 Department of the Air Force ...... -81 81 ...... 52 -52 ...... 165 -165

 Defense Agencies ...... 110 -110 ...... 604 -604 ...... 1,200 -1,200

 Intrabudgetary Transactions:

 Department of the Army 9 ...... 9 -34 ...... -34 160 ...... 160

 Department of the Navy 4 ...... 4 -16 ...... -16 -43 ...... -43

 Department of the Air Force -24 ...... -24 -62 ...... -62 -4 ...... -4

 Defense Agencies -11 ...... -11 -82 ...... -82 -81 ...... -81

 Offsetting Governmental Receipts:

 Department of the Army ...... 1 -1 ...... 4 -4 ...... (**) (**)

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

 Total--Department of Defense--Military Programs 54,870 -132 55,003 517,944 1,029 516,915 489,004 1,227 487,777

Department of Education:

 Office of Elementary and Secondary Education:

 Accelerating Achievement and Ensuring Equity 1,818 ...... 1,818 12,886 ...... 12,886 12,998 ...... 12,998

 Impact Aid 7 ...... 7 1,455 ...... 1,455 1,392 ...... 1,392

 Education Improvement Programs 476 ...... 476 3,695 ...... 3,695 3,528 ...... 3,528

 Other 2,648 ...... 2,648 7,415 ...... 7,415 239 ...... 239

 Total--Office of Elementary and Secondary Education 4,948 ...... 4,948 25,451 ...... 25,451 18,157 ...... 18,157

 Office of Innovation and Improvement 94 ...... 94 671 ...... 671 783 ...... 783

 Office of English Language Acquisition 46 ...... 46 545 ...... 545 611 ...... 611

 Office of Special Education and Rehabilitative Services:

 Special Education 1,104 ...... 1,104 9,951 ...... 9,951 9,971 ...... 9,971

 Rehabilitation Services and Disability Research 200 ...... 200 2,417 ...... 2,417 2,468 ...... 2,468

 Special Institutions for Persons with Disabilities 16 ...... 16 186 ...... 186 179 ...... 179

 Office of Vocational and Adult Education 184 ...... 184 1,294 ...... 1,294 1,318 ...... 1,318

 Office of Postsecondary Education:

 Higher Education 227 ...... 227 1,769 ...... 1,769 1,806 ...... 1,806

 Other (**) 1 -2 206 3 202 221 3 218

 Total--Office of Postsecondary Education 227 1 226 1,975 3 1,972 2,027 3 2,024

 Office of Federal Student Aid:

 Student Financial Assistance 1,465 ...... 1,465 20,352 ...... 20,352 21,074 ...... 21,074

 Student Aid Administration 167 ...... 167 1,301 ...... 1,301 1,256 ...... 1,256

 Federal Student Loan Reserve Fund ...... ...... ...... 1 -68 ...... -68 -110 ...... -110

 Federal Direct Student Loans 64,643 ...... 64,643 69,888 ...... 69,888 33,789 ...... 33,789

 Federal Family Education Loans 13,142 ...... 13,142 12,993 ...... 12,993 3,504 ...... 3,504

 Other 20 (**) 20 36 5 31 22 6 16

 Total--Office of Federal Student Aid 79,436 (**) 79,436 104,502 5 104,498 59,535 6 59,529

 Institute of Education Sciences 55 ...... 55 434 ...... 434 500 ...... 500

 Departmental Management 61 ...... 61 431 ...... 431 438 ...... 438

 Other 34 ...... 34 226 ...... 226 300 ...... 300

 Proprietary Receipts from the Public ...... 8,358 -8,358 ...... 12,226 -12,226 ...... 9,872 -9,872

 Intrabudgetary Transactions -9 ...... -9 7 ...... 7 22 ...... 22

 Total--Department of Education 86,398 8,360 78,038 148,091 12,234 135,857 96,310 9,881 86,430

Department of Energy:

 National Nuclear Security Administration:

 Naval Reactors 108 ...... 108 1,095 ...... 1,095 1,092 ...... 1,092

 Weapons Activities 802 ...... 802 8,295 ...... 8,295 7,689 ...... 7,689

 Defense Nuclear Nonproliferation 145 ...... 145 1,491 ...... 1,491 1,299 ...... 1,299

 Other 29 ...... 29 305 ...... 305 303 ...... 303

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, June 2020 and Other Periods - Continued

[$ millions]

Department of Energy: - Continued

 Environmental and Other Defense Activities:

 Defense Environmental Cleanup 571 ...... 571 4,578 ...... 4,578 4,271 ...... 4,271

 Other Defense Activities 71 ...... 71 664 ...... 664 553 ...... 553

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

 Energy Programs:

 Science 520 ...... 520 4,546 ...... 4,546 4,178 ...... 4,178

 Energy Supply 150 ...... 150 1,372 ...... 1,372 1,221 ...... 1,221

 Energy Efficiency and Renewable Energy 166 ...... 166 1,532 ...... 1,532 1,383 ...... 1,383

 Fossil Energy Research and Development 55 ...... 55 485 ...... 485 457 ...... 457

 Uranium Enrichment Decontamination and Decommissioning

 Fund 47 ...... 47 610 ...... 610 600 ...... 600

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

 Title 17 Innovative Technology Loan Guarantee Program 2 ...... 2 132 ...... 132 9 ...... 9

 Other 88 2 86 905 80 825 851 79 771

 Total--Energy Programs 1,028 2 1,026 9,585 80 9,505 8,700 79 8,620

 Power Marketing Administration 400 304 96 3,222 2,919 304 2,895 2,952 -57

 Departmental Administration 53 ...... 53 178 ...... 178 211 ...... 211

 Proprietary Receipts from the Public ...... 229 -229 ...... 1,312 -1,312 ...... 2,051 -2,051

 Intrabudgetary Transactions -118 ...... -118 -1,170 ...... -1,170 -1,187 ...... -1,187

 Total--Department of Energy 3,090 535 2,555 28,245 4,311 23,934 25,827 5,083 20,745

Department of Health and Human Services:

 Food and Drug Administration 304 1 303 2,716 7 2,709 2,651 7 2,644

 Health Resources and Services Administration 946 ...... 946 8,815 ...... 8,815 8,635 ...... 8,635

 Indian Health Service 99 ...... 99 5,400 ...... 5,400 4,661 ...... 4,661

 Centers for Disease Control and Prevention 672 ...... 672 6,230 ...... 6,230 5,729 ...... 5,729

 National Institutes of Health 3,208 ...... 3,208 27,462 ...... 27,462 26,466 ...... 26,466

 Substance Abuse and Mental Health Services Administration 475 ...... 475 3,914 ...... 3,914 3,150 ...... 3,150

 Agency for Healthcare Research and Quality 27 ...... 27 254 ...... 254 238 ...... 238

 Centers for Medicare and Medicaid Services:

 Grants to States for Medicaid 42,202 ...... 42,202 334,978 ...... 334,978 301,941 ...... 301,941

 Payments to Health Care Trust Funds 30,818 ...... 30,818 277,051 ...... 277,051 269,166 ...... 269,166

 Children's Health Insurance Fund 1,568 ...... 1,568 12,306 ...... 12,306 13,463 ...... 13,463

 State Grants and Demonstrations 25 ...... 25 245 ...... 245 248 ...... 248

 Federal Hospital Insurance Trust Fund:

 Benefit Payments 31,894 ...... 31,894 312,884 ...... 312,884 242,505 ...... 242,505

 Administrative Expenses 243 ...... 243 2,578 ...... 2,578 3,044 ...... 3,044

 Total--Federal Hospital Insurance Trust Fund 32,137 ...... 32,137 315,462 ...... 315,462 245,549 ...... 245,549

 Health Care Fraud and Abuse Control 130 ...... 130 1,383 ...... 1,383 1,367 ...... 1,367

 Federal Supplementary Medical Insurance Trust Fund:

 Benefit Payments 34,927 ...... 34,927 311,686 ...... 311,686 269,664 ...... 269,664

 Administrative Expenses 293 ...... 293 3,228 ...... 3,228 2,855 ...... 2,855

 Medicare Prescription Drugs:

 Benefit Payments 7,185 ...... 7,185 65,682 ...... 65,682 62,569 ...... 62,569

 Total--Federal Supplementary Medical Insurance Trust

 Fund 42,405 ...... 42,405 380,596 ...... 380,596 335,087 ...... 335,087

 Other 116 ...... 116 3,800 ...... 3,800 5,091 ...... 5,091

 Total--Centers for Medicare and Medicaid Services 149,400 ...... 149,400 1,325,820 ...... 1,325,820 1,171,913 ...... 1,171,913

 Administration for Children and Families:

 Temporary Assistance for Needy Families 962 ...... 962 12,360 ...... 12,360 11,662 ...... 11,662

 Contingency Fund 51 ...... 51 476 ...... 476 313 ...... 313

 Payments to States for Child Support Enforcement and

 Family Support Programs 248 ...... 248 2,710 ...... 2,710 2,641 ...... 2,641

 Low Income Home Energy Assistance 235 ...... 235 3,051 ...... 3,051 3,180 ...... 3,180

 Refugee and Entrant Assistance 174 ...... 174 1,425 ...... 1,425 1,781 ...... 1,781

 Child Care Entitlement to States 224 ...... 224 2,293 ...... 2,293 2,283 ...... 2,283

 Payments to States for the Child Care and Development

 Block Grant 981 ...... 981 4,713 ...... 4,713 2,661 ...... 2,661

 Social Services Block Grant 110 ...... 110 1,286 ...... 1,286 1,279 ...... 1,279

 Children and Families Services Programs 973 ...... 973 9,282 ...... 9,282 8,902 ...... 8,902

 Payments to States for Foster Care and Adoption

 Assistance 765 ...... 765 6,503 ...... 6,503 6,262 ...... 6,262

 Other 31 ...... 31 408 ...... 408 395 ...... 395

 Total--Administration for Children and Families 4,753 ...... 4,753 44,506 ...... 44,506 41,357 ...... 41,357

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, June 2020 and Other Periods - Continued

[$ millions]

Department of Health and Human Services: - Continued

 Administration for Community Living 250 ...... 250 1,764 ...... 1,764 1,549 ...... 1,549

 Departmental Management 14,028 ...... 14,028 82,599 ...... 82,599 2,491 ...... 2,491

 Other 63 ...... 63 765 ...... 765 603 ...... 603

 Proprietary Receipts from the Public ...... 13,587 -13,587 ...... 104,965 -104,965 ...... 97,670 -97,670

 Intrabudgetary Transactions:

 Payments for Health Insurance for the Aged:

 Federal Supplementary Medical Insurance Trust Fund -29,425 ...... -29,425 -268,068 ...... -268,068 -248,168 ...... -248,168

 Payments for Tax and Other Credits:

 Federal Hospital Insurance Trust Fund -1,399 ...... -1,399 -9,001 ...... -9,001 -21,022 ...... -21,022

 Other -24 ...... -24 -437 ...... -437 -709 ...... -709

 Total--Department of Health and Human Services 143,376 13,588 129,788 1,232,741 104,972 1,127,768 999,545 97,678 901,867

Department of Homeland Security:

 Departmental Management and Operations 192 ...... 192 1,281 ...... 1,281 1,047 ...... 1,047

 Citizenship and Immigration Services 446 ...... 446 3,350 ...... 3,350 2,992 ...... 2,992

 United States Secret Service 241 ...... 241 1,908 ...... 1,908 1,658 ...... 1,658

 Transportation Security Administration 776 ...... 776 5,479 ...... 5,479 4,259 ...... 4,259

 Immigration and Customs Enforcement 762 ...... 762 6,125 ...... 6,125 5,581 ...... 5,581

 U.S. Customs and Border Protection 1,697 1 1,696 12,670 20 12,650 11,137 22 11,115

 United States Coast Guard 959 ...... 959 8,609 ...... 8,609 8,505 ...... 8,505

 National Protection and Programs Directorate 264 ...... 264 1,469 ...... 1,469 1,427 ...... 1,427

 Federal Emergency Management Agency:

 State and Local Programs 4 ...... 4 157 ...... 157 467 ...... 467

 Firefighter Assistance Grants 9 ...... 9 96 ...... 96 240 ...... 240

 Disaster Relief 1,880 ...... 1,880 12,657 ...... 12,657 11,952 ...... 11,952

 National Flood Insurance Fund 87 280 -194 1,474 1,465 9 1,896 1,189 707

 Other 133 ...... 133 960 ...... 960 952 ...... 952

 Total--Federal Emergency Management Agency 2,112 280 1,832 15,344 1,465 13,880 15,507 1,189 14,318

 Science and Technology 59 ...... 59 600 ...... 600 677 ...... 677

 Domestic Nuclear Detection Office 47 ...... 47 212 ...... 212 201 ...... 201

 Other 46 ...... 46 374 ...... 374 338 ...... 338

 Proprietary Receipts from the Public ...... 188 -188 ...... 810 -810 ...... 796 -796

 Intrabudgetary Transactions 100 ...... 100 50 ...... 50 -12 ...... -12

 Offsetting Governmental Receipts ...... 633 -633 ...... 8,035 -8,035 ...... 8,689 -8,689

 Total--Department of Homeland Security 7,701 1,102 6,599 57,472 10,330 47,142 53,315 10,696 42,619

Department of Housing and Urban Development:

 Public and Indian Housing Programs:

 Tenant Based Rental Assistance 1,984 ...... 1,984 17,896 ...... 17,896 16,530 ...... 16,530

 Housing Certificate Fund 2 ...... 2 103 ...... 103 127 ...... 127

 Public Housing Capital Fund 237 ...... 237 1,726 ...... 1,726 1,645 ...... 1,645

 Public Housing Operating Fund 391 ...... 391 3,382 ...... 3,382 3,298 ...... 3,298

 Revitalization of Severely Distressed Public Housing

 (Hope VI) (**) ...... (**) 2 ...... 2 10 ...... 10

 Native American Housing Block Grant 76 ...... 76 471 ...... 471 510 ...... 510

 Other 15 ...... 15 138 ...... 138 123 ...... 123

 Total--Public and Indian Housing Programs 2,705 ...... 2,705 23,718 ...... 23,718 22,243 ...... 22,243

 Community Planning and Development:

 Housing Opportunities for Persons with AIDS 31 ...... 31 243 ...... 243 244 ...... 244

 Community Development Fund 447 ...... 447 3,866 ...... 3,866 3,944 ...... 3,944

 Home Investment Partnership Program 88 ...... 88 628 ...... 628 695 ...... 695

 Neighborhood Stabilization Program 1 ...... 1 16 ...... 16 14 ...... 14

 Homeless Assistance Grants 199 ...... 199 1,649 ...... 1,649 1,622 ...... 1,622

 Other 19 ...... 19 171 ...... 171 92 ...... 92

 Total--Community Planning and Development 785 ...... 785 6,573 ...... 6,573 6,611 ...... 6,611

 Housing Programs:

 Credit Accounts:

 FHA-Mutual Mortgage Insurance Fund, Program Account 1,231 ...... 1,231 1,304 ...... 1,304 1,351 ...... 1,351

 FHA-Mutual Mortgage Insurance Capital Reserve Account -12,992 ...... -12,992 -17,239 ...... -17,239 -22,621 ...... -22,621

 FHA-Mutual Mortgage and Cooperative Housing Insurance

 Fund, Liquidating Account (**) 1 -1 10 9 1 261 257 4

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

 FHA-General and Special Risk Fund, Liquidating Account 7 17 -10 105 170 -65 122 203 -81

 Housing for the Elderly or Handicapped Fund,

 Liquidating Account -10 13 -22 -89 47 -136 -99 34 -133

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, June 2020 and Other Periods - Continued

[$ millions]

Department of Housing and Urban Development: - Continued

 HUD Project-Based Rental Assistance 1,104 ...... 1,104 9,575 ...... 9,575 9,049 ...... 9,049

 Housing for the Elderly 71 ...... 71 555 ...... 555 543 ...... 543

 Housing for Persons with Disabilities 17 ...... 17 148 ...... 148 138 ...... 138

 Other Assisted Housing Programs 6 ...... 6 48 ...... 48 66 ...... 66

 Other 5 1 4 44 26 18 36 31 5

 Total--Housing Programs -9,768 32 -9,800 -4,746 252 -4,998 -9,870 525 -10,395

 Government National Mortgage Association:

 Guarantees of Mortgage-Backed Securities 7 (**) 7 355 1 354 -211 2 -213

 Management and Administration 188 ...... 188 1,374 ...... 1,374 1,218 ...... 1,218

 Other 13 ...... 13 132 ...... 132 171 ...... 171

 Proprietary Receipts from the Public:

 FHA-General and Special Risk Fund ...... 3,771 -3,771 ...... 4,171 -4,171 ...... 2,040 -2,040

 Other ...... -9 9 ...... 379 -379 ...... 256 -256

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

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

 Total--Department of Housing and Urban Development -6,070 3,794 -9,864 27,401 4,814 22,588 20,159 2,835 17,324

Department of the Interior:

 Land and Minerals Management:

 Bureau of Land Management:

 Management of Lands and Resources 117 ...... 117 870 ...... 870 798 ...... 798

 Other 40 4 36 298 42 256 247 39 208

 Bureau of Ocean Energy Management 7 ...... 7 96 ...... 96 85 ...... 85

 Office of Surface Mining Reclamation and Enforcement 27 ...... 27 1,785 ...... 1,785 563 ...... 563

 Total--Land and Minerals Management 192 4 188 3,049 42 3,008 1,693 39 1,654

 Water and Science:

 Bureau of Reclamation:

 Water and Related Resources 106 ...... 106 822 ...... 822 714 ...... 714

 Other 49 24 25 489 176 314 548 267 281

 Central Utah Project 1 ...... 1 29 ...... 29 20 ...... 20

 United States Geological Survey 125 ...... 125 901 ...... 901 832 ...... 832

 Total--Water and Science 281 24 257 2,241 176 2,066 2,113 267 1,846

 Fish and Wildlife and Parks:

 United States Fish and Wildlife Service 273 ...... 273 2,252 ...... 2,252 2,124 ...... 2,124

 National Park Service 339 ...... 339 2,532 ...... 2,532 2,309 ...... 2,309

 Total--Fish and Wildlife and Parks 612 ...... 612 4,784 ...... 4,784 4,433 ...... 4,433

 Indian Affairs:

 Bureau of Indian Affairs and Bureau of Indian Education 198 (**) 198 2,630 (**) 2,630 2,171 (**) 2,171

 Total--Indian Affairs 198 (**) 198 2,630 (**) 2,630 2,171 (**) 2,171

 Departmental Offices:

 Mineral Leasing and Associated Payments 72 ...... 72 1,197 ...... 1,197 1,718 ...... 1,718

 Other 13 ...... 13 527 ...... 527 398 ...... 398

 Insular Affairs 27 ...... 27 267 ...... 267 230 ...... 230

 Office of the Special Trustee for American Indians 9 ...... 9 80 ...... 80 89 ...... 89

 Department-Wide Programs 645 ...... 645 1,437 ...... 1,437 1,500 ...... 1,500

 Total--Departmental Offices 766 ...... 766 3,509 ...... 3,509 3,935 ...... 3,935

 Other 137 (**) 137 809 (**) 809 437 ...... 437

 Proprietary Receipts from the Public ...... 290 -290 ...... 4,251 -4,251 ...... 5,083 -5,083

 Intrabudgetary Transactions -3 1 -3 -181 1 -182 660 ...... 660

 Total--Department of the Interior 2,184 318 1,866 16,841 4,469 12,372 15,443 5,390 10,053

Department of Justice:

 General Administration 187 ...... 187 602 ...... 602 752 ...... 752

 Legal Activities and U.S. Marshals:

 General Legal Activities 260 ...... 260 1,701 ...... 1,701 2,610 ...... 2,610

 United States Attorneys 254 ...... 254 1,709 ...... 1,709 1,414 ...... 1,414

 United States Marshals Service 142 ...... 142 1,076 ...... 1,076 968 ...... 968

 Assets Forfeiture Fund 61 ...... 61 1,929 ...... 1,929 1,737 ...... 1,737

 Other 236 ...... 236 1,866 ...... 1,866 1,595 ...... 1,595

 Federal Bureau of Investigation 1,008 ...... 1,008 7,361 ...... 7,361 6,951 ...... 6,951

 Drug Enforcement Administration 274 ...... 274 2,124 ...... 2,124 1,959 ...... 1,959

 Bureau of Alcohol, Tobacco, Firearms, and Explosives 134 ...... 134 1,019 ...... 1,019 950 ...... 950

 Federal Prison System 834 25 809 6,085 238 5,848 5,490 268 5,222

 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, June 2020 and Other Periods - Continued

[$ millions]

Department of Justice: - Continued

 State and Local Law Enforcement Assistance 130 ...... 130 1,454 ...... 1,454 996 ...... 996

 Community Oriented Policing Services 12 ...... 12 119 ...... 119 128 ...... 128

 Crime Victims Fund 196 ...... 196 1,942 ...... 1,942 1,700 ...... 1,700

 Other 72 ...... 72 602 ...... 602 543 ...... 543

 Other 58 ...... 58 602 ...... 602 469 ...... 469

 Proprietary Receipts from the Public ...... 19 -19 ...... 476 -476 ...... 1,595 -1,595

 Intrabudgetary Transactions -48 ...... -48 -240 ...... -240 136 ...... 136

 Offsetting Governmental Receipts ...... 53 -53 ...... 555 -555 ...... 543 -543

 Total--Department of Justice 3,811 96 3,714 29,952 1,269 28,683 28,397 2,405 25,992

Department of Labor:

 Employment and Training Administration:

 Training and Employment Services 266 ...... 266 2,461 ...... 2,461 2,486 ...... 2,486

 Office of Job Corps 127 ...... 127 1,200 ...... 1,200 1,141 ...... 1,141

 Community Service Employment for Older Americans 34 ...... 34 296 ...... 296 293 ...... 293

 Federal Unemployment Benefits and Allowances 22 ...... 22 228 ...... 228 258 ...... 258

 Federal Additional Unemployment Compensation

 Program-Recovery Act 80,407 ...... 80,407 171,499 ...... 171,499 -2 ...... -2

 State Unemployment Insurance and Employment Service

 Operations 184 ...... 184 290 ...... 290 -303 ...... -303

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

 Program Administration 10 ...... 10 84 ...... 84 78 ...... 78

 Unemployment Trust Fund:

 Federal-State Unemployment Insurance:

 State Unemployment Benefits 35,212 ...... 35,212 102,408 ...... 102,408 20,989 ...... 20,989

 State Administrative Expenses 207 ...... 207 2,538 ...... 2,538 2,919 ...... 2,919

 Federal Administrative Expenses 24 ...... 24 413 ...... 413 406 ...... 406

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

 Total--Unemployment Trust Fund 35,443 ...... 35,443 105,361 ...... 105,361 24,317 ...... 24,317

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

 Total--Employment and Training Administration 116,493 ...... 116,493 363,654 ...... 363,654 28,288 ...... 28,288

 Pension Benefit Guaranty Corporation 538 1,021 -483 4,892 9,785 -4,893 4,851 8,827 -3,977

 Office of Workers' Compensation Programs:

 Special Benefits 208 ...... 208 -480 ...... -480 -489 ...... -489

 Energy Employees Occupational Illness Compensation Fund 144 ...... 144 1,196 ...... 1,196 1,058 ...... 1,058

 Special Benefits for Disabled Coal Miners 5 ...... 5 48 ...... 48 53 ...... 53

 Black Lung Disability Trust Fund 16 ...... 16 158 ...... 158 161 ...... 161

 Other 29 ...... 29 267 ...... 267 268 ...... 268

 Wage and Hour Division 31 ...... 31 210 ...... 210 202 ...... 202

 Occupational Safety and Health Administration 45 ...... 45 441 ...... 441 416 ...... 416

 Mine Safety and Health Administration 33 ...... 33 279 ...... 279 270 ...... 270

 Bureau of Labor Statistics 55 ...... 55 419 ...... 419 391 ...... 391

 Departmental Management 96 ...... 96 377 ...... 377 372 ...... 372

 Other 29 ...... 29 253 ...... 253 231 ...... 231

 Proprietary Receipts from the Public ...... 1 -1 ...... 5 -5 ...... 4 -4

 Intrabudgetary Transactions -17 ...... -17 -82,829 ...... -82,829 -303 ...... -303

 Total--Department of Labor 117,706 1,022 116,684 288,886 9,790 279,095 35,768 8,832 26,936

Department of State:

 Administration of Foreign Affairs:

 Diplomatic and Consular Programs 693 ...... 693 6,631 ...... 6,631 7,173 ...... 7,173

 Educational and Cultural Exchange Programs 37 ...... 37 491 ...... 491 473 ...... 473

 Embassy Security, Construction, and Maintenance -55 ...... -55 1,005 ...... 1,005 922 ...... 922

 Payment to Foreign Service Retirement and Disability

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

 Foreign Service Retirement and Disability Fund 83 ...... 83 752 ...... 752 736 ...... 736

 Other 271 ...... 271 2,579 ...... 2,579 2,003 ...... 2,003

 Total--Administration of Foreign Affairs 1,031 ...... 1,031 11,883 ...... 11,883 11,466 ...... 11,466

 International Organizations and Conferences 191 ...... 191 2,866 ...... 2,866 2,184 ...... 2,184

 Global Health and Child Survival 1,050 ...... 1,050 7,200 ...... 7,200 6,648 ...... 6,648

 Migration and Refugee Assistance 365 ...... 365 2,074 ...... 2,074 1,949 ...... 1,949

 International Narcotics Control and Law Enforcement 66 ...... 66 753 ...... 753 792 ...... 792

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

 Other 31 ...... 31 403 ...... 403 407 ...... 407

 Proprietary Receipts from the Public ...... 72 -72 ...... 1,766 -1,766 ...... 2,651 -2,651

 Intrabudgetary Transactions 45 ...... 45 -444 ...... -444 -255 ...... -255

 Total--Department of State 2,780 72 2,708 24,735 1,766 22,970 23,191 2,651 20,540

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, June 2020 and Other Periods - Continued

[$ millions]

Department of Transportation:

 Office of the Secretary 250 ...... 250 667 ...... 667 513 ...... 513

 Federal Aviation Administration:

 Operations 751 ...... 751 -127 ...... -127 867 ...... 867

 Airport and Airway Trust Fund:

 Grants-In-Aid for Airports 931 ...... 931 -6,872 ...... -6,872 1,819 ...... 1,819

 Facilities and Equipment 264 ...... 264 2,079 ...... 2,079 2,010 ...... 2,010

 Research, Engineering, and Development 13 ...... 13 109 ...... 109 112 ...... 112

 Trust Fund Share of FAA Operations 400 ...... 400 8,156 ...... 8,156 6,600 ...... 6,600

 Total--Airport and Airway Trust Fund 1,607 ...... 1,607 3,473 ...... 3,473 10,541 ...... 10,541

 Other -4 -1 -2 10,388 21 10,367 493 27 466

 Total--Federal Aviation Administration 2,355 -1 2,356 13,734 21 13,713 11,901 27 11,875

 Federal Highway Administration:

 Highway Trust Fund:

 Federal-Aid Highways 3,955 ...... 3,955 31,063 ...... 31,063 29,067 ...... 29,067

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

 Other Programs 199 ...... 199 1,463 ...... 1,463 869 ...... 869

 Total--Federal Highway Administration 4,154 ...... 4,154 32,526 ...... 32,526 29,941 ...... 29,941

 Federal Motor Carrier Safety Administration 49 ...... 49 458 ...... 458 418 ...... 418

 National Highway Traffic Safety Administration 77 ...... 77 742 ...... 742 740 ...... 740

 Federal Railroad Administration:

 Capital and Debt Service Grants to the National Railroad

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

 Other 27 ...... 27 3,257 -47 3,305 2,168 ...... 2,168

 Total--Federal Railroad Administration 27 ...... 27 3,259 -47 3,306 2,170 ...... 2,170

 Federal Transit Administration:

 Formula Grants 1 ...... 1 4 ...... 4 5 ...... 5

 Capital Investment Grants 169 ...... 169 1,475 ...... 1,475 1,218 ...... 1,218

 Transit Formula Grants 995 ...... 995 7,116 ...... 7,116 6,952 ...... 6,952

 Other 2,423 ...... 2,423 6,616 ...... 6,616 747 ...... 747

 Total--Federal Transit Administration 3,588 ...... 3,588 15,211 ...... 15,211 8,922 ...... 8,922

 Maritime Administration 94 (**) 94 392 1 391 334 3 331

 Other 35 (**) 35 395 29 367 372 29 343

 Proprietary Receipts from the Public ...... 1,000 -1,000 ...... 1,087 -1,087 ...... 129 -129

 Intrabudgetary Transactions:

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

 Offsetting Governmental Receipts ...... 15 -15 ...... 142 -142 ...... 145 -145

 Total--Department of Transportation 10,628 1,014 9,615 67,383 1,232 66,151 55,310 333 54,977

Department of the Treasury:

 Departmental Offices:

 Exchange Stabilization Fund 12 1 11 11,554 196 11,358 45 434 -389

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

 Troubled Asset Relief Program 39 ...... 39 548 ...... 548 1,127 ...... 1,127

 ESF - Economic Stabilization Program 8,955 ...... 8,955 11,185 ...... 11,185 ...... ...... ......

 Air Carrier Worker Support 5,575 ...... 5,575 22,776 ...... 22,776 ...... ...... ......

 Coronavirus Relief Fund 2,832 ...... 2,832 149,466 ...... 149,466 ...... ...... ......

 Other 129 ...... 129 1,240 ...... 1,240 1,233 ...... 1,233

 Bureau of the Fiscal Service:

 Payment to the Resolution Funding Corporation ...... ...... ...... 1,793 ...... 1,793 1,976 ...... 1,976

 Financial Agent Services 67 ...... 67 607 ...... 607 617 ...... 617

 Claims, Judgements, and Relief Acts 123 ...... 123 1,747 ...... 1,747 1,502 ...... 1,502

 Other 265 (**) 265 1,989 1 1,988 1,001 (**) 1,000

 Total--Bureau of the Fiscal Service 455 (**) 455 6,135 1 6,134 5,096 (**) 5,096

 Federal Financing Bank -980 ...... -980 -1,964 ...... -1,964 -1,129 ...... -1,129

 Alcohol and Tobacco Tax and Trade Bureau:

 Salaries and Expenses 11 ...... 11 90 ...... 90 83 ...... 83

 Internal Revenue Collections for Puerto Rico 37 ...... 37 341 ...... 341 323 ...... 323

 Bureau of Engraving and Printing 18 ...... 18 38 ...... 38 -47 ...... -47

 United States Mint 283 392 -109 2,195 2,433 -238 1,160 1,526 -366

 Internal Revenue Service:

 Taxpayer Services 301 ...... 301 1,963 ...... 1,963 1,900 ...... 1,900

 Enforcement 522 ...... 522 3,601 ...... 3,601 3,296 ...... 3,296

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, June 2020 and Other Periods - Continued

[$ millions]

Department of the Treasury: - Continued

 Operations Support 462 ...... 462 3,399 ...... 3,399 3,183 ...... 3,183

 Build America Bond Payments, Recovery Act 329 ...... 329 1,762 ...... 1,762 2,538 ...... 2,538

 Refundable Premium Tax Credits and Cost Sharing

 Reductions 5,522 ...... 5,522 38,217 ...... 38,217 35,167 ...... 35,167

 Payment Where Earned Income Credit Exceeds Liability for

 Tax 1,100 ...... 1,100 53,974 ...... 53,974 58,152 ...... 58,152

 Payment Where Child Tax Credit Exceeds Liability for Tax 530 ...... 530 26,148 ...... 26,148 28,263 ...... 28,263

 Payment Where American Opportunity Tax Credit Exceeds

 Liability for Tax 79 ...... 79 2,520 ...... 2,520 2,826 ...... 2,826

 Refunding Internal Revenue Collections, Interest 221 ...... 221 1,646 ...... 1,646 1,398 ...... 1,398

 Other 24,255 (**) 4,255 3 279,473 (**) 279,473 7,203 (**) 7,203

 Total--Internal Revenue Service 13,321 (**) 13,321 412,703 (**) 412,703 143,927 (**) 143,927

 Comptroller of the Currency 103 4 99 813 551 262 785 601 183

 Interest on the Public Debt:

 Interest on Treasury Debt Securities (Gross):

 Public Issues (Accrual Basis) 18,092 ...... 18,092 271,733 ...... 271,733 296,349 ...... 296,349

 Special Issues (Cash Basis) 50,371 ...... 50,371 133,690 ...... 133,690 160,519 ...... 160,519

 Total--Interest on Treasury Debt Securities (Gross) 68,463 ...... 68,463 405,423 ...... 405,423 456,868 ...... 456,868

 Total--Interest on the Public Debt 68,463 ...... 68,463 405,423 ...... 405,423 456,868 ...... 456,868

 Other 12 ...... 12 93 ...... 93 86 ...... 86

 Proprietary Receipts from the Public ...... 2,118 -2,118 ...... 5,856 -5,856 ...... 19,356 -19,356

 Intrabudgetary Transactions -148 ...... -148 -1,800 ...... -1,800 -1,834 ...... -1,834

 Total--Department of the Treasury 99,118 2,515 96,603 1,020,836 9,037 1,011,799 607,725 21,918 585,807

Department of Veterans Affairs:

 Joint DOD-VA Medical Facility Demonstration Fund 37 ...... 37 348 ...... 348 329 ...... 329

 Veterans Health Administration:

 Veterans Choice Fund, Veterans Health Administration 8 ...... 8 143 ...... 143 3,157 ...... 3,157

 Medical Services 5,904 ...... 5,904 54,862 ...... 54,862 48,037 ...... 48,037

 Medical Support and Compliance 596 ...... 596 5,714 ...... 5,714 5,203 ...... 5,203

 Medical Facilities 510 ...... 510 4,755 ...... 4,755 4,489 ...... 4,489

 Other 86 32 54 958 320 638 932 355 577

 Benefits Programs:

 Public Enterprise Funds:

 Housing Accounts (**) 1 (**) 1 7 -6 1 9 -8

 Other 68 77 -9 613 1,232 -619 680 683 -3

 Compensation and Pensions 9,117 ...... 9,117 81,556 ...... 81,556 74,355 ...... 74,355

 Readjustment Benefits 795 ...... 795 10,089 ...... 10,089 10,414 ...... 10,414

 Veterans Housing Benefit Program Fund (**) ...... (**) 91 ...... 91 178 ...... 178

 Insurance Funds:

 National Service Life 49 ...... 49 476 ...... 476 531 ...... 531

 Veterans Special Life 14 26 -11 149 60 89 147 69 78

 Other 9 ...... 9 82 ...... 82 72 ...... 72

 Total--Benefits Programs 10,052 103 9,949 93,056 1,299 91,758 86,378 761 85,617

 Departmental Administration:

 Construction 144 ...... 144 800 ...... 800 1,085 ...... 1,085

 Information Technology Systems 328 ...... 328 3,571 ...... 3,571 3,384 ...... 3,384

 General Operating Expenses 310 ...... 310 2,409 (**) 2,409 2,487 (**) 2,487

 Other 117 ...... 117 1,667 ...... 1,667 1,243 ...... 1,243

 Proprietary Receipts from the Public:

 National Service Life ...... 3 -3 ...... 20 -20 ...... 22 -22

 Other ...... 297 -297 ...... 6,059 -6,059 ...... 6,632 -6,632

 Intrabudgetary Transactions -20 ...... -20 -4 ...... -4 -6 ...... -6

 Total--Department of Veterans Affairs 18,071 435 17,637 168,279 7,697 160,581 156,719 7,771 148,948

Corps of Engineers:

 Construction 214 ...... 214 1,990 ...... 1,990 1,181 ...... 1,181

 Operation and Maintenance 99 ...... 99 2,151 ...... 2,151 2,553 ...... 2,553

 Flood Control and Coastal Emergencies 61 ...... 61 592 ...... 592 424 ...... 424

 Harbor Maintenance Trust Fund 136 ...... 136 870 ...... 870 ...... ...... ......

 Rivers and Harbors Contributed Funds 31 ...... 31 406 ...... 406 270 ...... 270

 Other -4 ...... -4 819 ...... 819 891 ...... 891

 Proprietary Receipts from the Public ...... 65 -65 ...... 575 -575 ...... 524 -524

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

 Total--Corps of Engineers 537 65 472 6,829 575 6,254 5,319 524 4,796

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, June 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 5,190 ...... 5,190 46,600 ...... 46,600 45,420 ...... 45,420

 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 659 ...... 659 7,996 ...... 7,996 7,818 ...... 7,818

 Educational Benefits 9 ...... 9 158 ...... 158 168 ...... 168

 Other 28 ...... 28 227 ...... 227 229 ...... 229

 Proprietary Receipts from the Public ...... 2 -2 ...... 17 -17 ...... 16 -16

 Intrabudgetary Transactions 1,306 ...... 1,306 -102,830 ...... -102,830 -101,925 ...... -101,925

 Total--Other Defense Civil Programs 7,191 2 7,189 50,662 17 50,645 45,427 16 45,411

Environmental Protection Agency:

 Science and Technology 55 ...... 55 553 ...... 553 497 ...... 497

 Environmental Programs and Management 198 ...... 198 1,881 ...... 1,881 1,917 ...... 1,917

 State and Tribal Assistance Grants 359 ...... 359 3,284 ...... 3,284 3,036 ...... 3,036

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

 Hazardous Substance Superfund 114 ...... 114 1,134 ...... 1,134 971 ...... 971

 Other 49 2 46 202 50 152 120 40 80

 Proprietary Receipts from the Public ...... 13 -13 ...... 189 -189 ...... 242 -242

 Intrabudgetary Transactions -8 ...... -8 -1,070 ...... -1,070 -1,060 ...... -1,060

 Offsetting Governmental Receipts ...... 3 -3 ...... 20 -20 ...... 17 -17

 Total--Environmental Protection Agency 767 18 749 7,059 259 6,800 6,565 300 6,265

Executive Office of the President:

 The White House 3 ...... 3 45 ...... 45 40 ...... 40

 Office of Management and Budget 8 ...... 8 80 ...... 80 78 ...... 78

 Unanticipated Needs 2 ...... 2 15 ...... 15 15 ...... 15

 Other 21 ...... 21 206 ...... 206 166 ...... 166

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

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

 Total--Executive Office of the President 34 (**) 34 305 (**) 305 298 (**) 298

General Services Administration:

 Real Property Activities -91 ...... -91 22 ...... 22 -696 ...... -696

 Supply and Technology Activities 136 ...... 136 -134 ...... -134 -132 ...... -132

 General Activities 20 ...... 20 209 ...... 209 195 ...... 195

 Proprietary Receipts from the Public ...... 6 -6 ...... 40 -40 ...... 49 -49

 Intrabudgetary Transactions -1 ...... -1 -9 ...... -9 -8 ...... -8

 Total--General Services Administration 63 6 57 88 40 49 -641 49 -690

International Assistance Programs:

 Millennium Challenge Corporation 59 ...... 59 450 ...... 450 500 ...... 500

 International Security Assistance:

 Foreign Military Financing Program 78 ...... 78 5,778 ...... 5,778 5,306 ...... 5,306

 Economic Support Fund 367 ...... 367 3,080 ...... 3,080 3,250 ...... 3,250

 Other 132 (**) 132 973 7 965 1,063 14 1,049

 Total--International Security Assistance 578 (**) 577 9,830 7 9,822 9,618 14 9,605

 Multilateral Assistance:

 Contribution to the International Development

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

 Other 157 ...... 157 1,104 ...... 1,104 759 ...... 759

 Total--Multilateral Assistance 157 ...... 157 2,201 ...... 2,201 1,856 ...... 1,856

 Agency for International Development:

 Development Assistance Program 282 ...... 282 1,870 ...... 1,870 1,788 ...... 1,788

 Assistance for Europe, Eurasia and Central Asia 66 ...... 66 493 ...... 493 414 ...... 414

 International Disaster Assistance 190 ...... 190 3,341 ...... 3,341 2,581 ...... 2,581

 Operating Expenses 107 ...... 107 1,044 ...... 1,044 1,001 ...... 1,001

 Other 33 1 32 413 111 301 306 183 123

 Proprietary Receipts from the Public ...... 18 -18 ...... 53 -53 ...... 186 -186

 Intrabudgetary Transactions 10 ...... 10 (**) ...... (**) -5 ...... -5

 Total--Agency for International Development 687 19 668 7,160 165 6,996 6,085 369 5,715

 Overseas Private Investment Corporation:

 Overseas Private Investment Corporation Accounts 1 ...... 1 39 41 -2 479 200 278

 Proprietary Receipts from the Public ...... -57 57 ...... ...... ...... ...... 378 -378

 Total--Overseas Private Investment Corporation 1 -57 58 39 41 -2 479 578 -99

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, June 2020 and Other Periods - Continued

[$ millions]

International Assistance Programs: - Continued

 Peace Corps 27 (**) 27 349 1 348 306 (**) 306

 Military Sales Program:

 Foreign Military Sales Trust Fund 2,947 ...... 2,947 27,875 ...... 27,875 25,308 ...... 25,308

 Other -29 (**) -30 58 26 32 112 (**) 112

 Proprietary Receipts from the Public ...... 3,468 -3,468 ...... 30,486 -30,486 ...... 23,786 -23,786

 Other 21 135 -114 154 430 -275 75 2 73

 Total--International Assistance Programs 4,447 3,564 883 48,116 31,155 16,961 44,339 24,750 19,589

National Aeronautics and Space Administration:

 Science 585 ...... 585 4,962 ...... 4,962 4,584 ...... 4,584

 Aeronautics 55 ...... 55 617 ...... 617 525 ...... 525

 Exploration 512 ...... 512 3,849 ...... 3,849 3,306 ...... 3,306

 Cross Agency Support 246 ...... 246 2,058 ...... 2,058 2,091 ...... 2,091

 Space Operations 428 ...... 428 3,356 ...... 3,356 3,269 ...... 3,269

 Other 137 ...... 137 1,154 ...... 1,154 970 ...... 970

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

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

 Total--National Aeronautics and Space Administration 1,963 (**) 1,963 15,995 20 15,975 14,745 1 14,744

National Science Foundation:

 Research and Related Activities 475 ...... 475 4,032 ...... 4,032 4,037 ...... 4,037

 Education and Human Resources 75 ...... 75 680 ...... 680 692 ...... 692

 Other 52 ...... 52 447 ...... 447 384 ...... 384

 Proprietary Receipts from the Public ...... (**) (**) ...... 21 -21 ...... 31 -31

 Total--National Science Foundation 601 (**) 601 5,159 21 5,138 5,112 31 5,081

Office of Personnel Management:

 Government Payment for Annuitants, Employees Health and

 Life Insurance Benefits 1,106 ...... 1,106 9,827 ...... 9,827 9,868 ...... 9,868

 Postal Service Retiree Health Benefits Fund 327 ...... 327 2,909 ...... 2,909 2,817 ...... 2,817

 Civil Service Retirement and Disability Fund 7,533 ...... 7,533 68,255 ...... 68,255 66,416 ...... 66,416

 Employees Life Insurance Fund 281 329 -48 2,445 2,874 -429 2,464 3,130 -666

 Employees and Retired Employees Health Benefits Fund 4,260 5,007 -746 41,974 43,067 -1,092 42,287 42,774 -486

 Other 4 ...... 4 99 ...... 99 182 ...... 182

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

 Intrabudgetary Transactions:

 Postal Service Contributions -537 ...... -537 -1,149 ...... -1,149 -1,222 ...... -1,222

 Civil Service Retirement and Disability Fund:

 Other -4 ...... -4 -28 ...... -28 -30 ...... -30

 Total--Office of Personnel Management 12,971 5,336 7,635 124,332 45,943 78,389 122,783 45,908 76,876

Small Business Administration:

 Salaries and Expenses 351 ...... 351 173 (**) 173 384 (**) 384

 Business Loans Program 496,323 (**) 496,323 506,500 1 506,499 243 (**) 242

 Disaster Loans Program 9,872 (**) 9,872 16,225 (**) 16,225 302 (**) 301

 Other 4,803 2 4,801 15,350 16 15,334 205 17 188

 Proprietary Receipts from the Public ...... -8 8 ...... 1,269 -1,269 ...... 946 -946

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

 Total--Small Business Administration 511,350 -5 511,355 538,249 1,286 536,963 1,133 963 170

Social Security Administration:

 Payments to Social Security Trust Funds 23 ...... 23 29,412 ...... 29,412 27,104 ...... 27,104

 Supplemental Security Income Program 4,939 ...... 4,939 45,671 ...... 45,671 45,068 ...... 45,068

 Federal Old-Age and Survivors Insurance Trust Fund

 (Off-Budget):

 Benefit Payments 79,252 ...... 79,252 701,161 ...... 701,161 661,347 ...... 661,347

 Administrative Expenses 514 ...... 514 2,824 ...... 2,824 2,931 ...... 2,931

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

 Total--Federal Old-Age and Survivors Insurance Trust

 Fund (Off-Budget) 84,610 ...... 84,610 708,829 ...... 708,829 669,158 ...... 669,158

 Federal Disability Insurance Trust Fund (Off-Budget):

 Benefit Payments 11,859 ...... 11,859 108,679 ...... 108,679 108,821 ...... 108,821

 Administrative Expenses 116 ...... 116 1,851 ...... 1,851 2,084 ...... 2,084

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

 Total--Federal Disability Insurance Trust Fund

 (Off-Budget) 12,118 ...... 12,118 110,674 ...... 110,674 110,972 ...... 110,972

 Other 63 ...... 63 405 ...... 405 119 ...... 119

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, June 2020 and Other Periods - Continued

[$ millions]

Social Security Administration: - Continued

 Proprietary Receipts from the Public:

 On-Budget ...... 264 -264 ...... 2,159 -2,159 ...... 2,210 -2,210

 Off-Budget ...... 2 -2 ...... 118 -118 ...... 115 -115

 Intrabudgetary Transactions:

 Off-Budget 4 -23 ...... -23 -29,411 ...... -29,411 -27,102 ...... -27,102

 Total--Social Security Administration 101,731 266 101,465 865,580 2,277 863,303 825,318 2,325 822,993

Independent Agencies:

 Broadcasting Board of Governors 42 (**) 42 555 (**) 555 580 (**) 580

 Bureau of Consumer Financial Protection 46 ...... 46 379 (**) 379 349 (**) 349

 Corporation for National and Community Service 69 (**) 69 694 (**) 694 707 2 705

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

 District of Columbia:

 Courts 23 ...... 23 240 ...... 240 230 (**) 230

 General and Special Payments 47 (**) 47 546 62 484 522 55 467

 Equal Employment Opportunity Commission 28 (**) 28 296 2 295 280 4 276

 Export-Import Bank of the United States 9 -12 21 163 173 -10 589 410 179

 Federal Communications Commission:

 Universal Service Fund 687 ...... 687 6,048 ...... 6,048 7,372 ...... 7,372

 Other 271 2 269 1,686 23 1,664 570 17 552

 Federal Deposit Insurance Corporation:

 Deposit Insurance Fund -1,460 ...... -1,460 -3,268 ...... -3,268 -6,374 ...... -6,374

 FSLIC Resolution Fund (**) (**) (**) 1 9 -8 (**) 15 -15

 Total--Federal Deposit Insurance Corporation -1,460 (**) -1,460 -3,267 9 -3,276 -6,373 15 -6,389

 Federal Drug Control Programs 64 ...... 64 278 ...... 278 195 ...... 195

 Federal Housing Finance Agency 24 ...... 24 217 ...... 217 197 ...... 197

 Institute of Museum and Library Services 14 2 13 154 2 153 155 (**) 155

 Intelligence Community Management Account 45 ...... 45 423 ...... 423 443 ...... 443

 Legal Services Corporation 113 ...... 113 490 ...... 490 345 ...... 345

 National Archives and Records Administration 35 4 31 333 21 312 290 13 276

 National Credit Union Administration 26 117 -92 589 2,511 -1,922 801 1,230 -429

 National Endowment for the Arts 15 (**) 15 125 1 125 117 (**) 117

 National Endowment for the Humanities 22 ...... 22 118 (**) 118 101 1 100

 National Labor Relations Board 21 (**) 21 206 (**) 206 200 (**) 200

 Nuclear Regulatory Commission 63 (**) 62 676 369 306 669 566 103

 Postal Service:

 Off-Budget:

 Public Enterprise Funds 5,856 6,192 -336 64,791 65,721 -930 65,720 66,410 -690

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

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

 Railroad Retirement Board:

 Federal Windfall Subsidy 1 ...... 1 11 ...... 11 13 ...... 13

 Federal Payments to the Railroad Retirement Accounts 1 ...... 1 522 ...... 522 568 ...... 568

 Railroad Unemployment Insurance Trust Fund:

 Benefit Payments 25 ...... 25 126 ...... 126 64 ...... 64

 Transfer To Administrative Funds 1 ...... 1 13 ...... 13 14 ...... 14

 Other 73 ...... 73 74 ...... 74 ...... ...... ......

 Rail Industry Pension Fund:

 Benefit Payments 469 ...... 469 4,189 ...... 4,189 4,158 ...... 4,158

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

 Transfer to Administrative Funds 6 ...... 6 69 ...... 69 69 ...... 69

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

 National Railroad Retirement Investment Trust:

 Administrative Expenses 4 ...... 4 47 ...... 47 45 ...... 45

 Transfers to the Railroad Retirement Trust Funds from

 the National Railroad Retirement Investment Trust 250 ...... 250 1,569 ...... 1,569 1,337 ...... 1,337

 Railroad Social Security Equivalent Benefit Account:

 Benefit Payments 749 ...... 749 5,782 ...... 5,782 5,652 ...... 5,652

 Transfer To Administrative Funds 2 ...... 2 23 ...... 23 26 ...... 26

 Other 4 ...... 4 -4 ...... -4 -21 ...... -21

 Proprietary Receipts from the Public ...... 614 -614 ...... -243 243 ...... -536 536

 Intrabudgetary Transactions:

 Payments from Other Funds to the Railroad Retirement

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

 Other -251 ...... -251 -2,092 ...... -2,092 -1,907 ...... -1,907

 Total--Railroad Retirement Board -3,652 614 -4,266 5,372 -243 5,616 5,069 -536 5,605

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, June 2020 and Other Periods - Continued

[$ millions]

Independent Agencies: - Continued

 Securities and Exchange Commission 157 (**) 157 862 1 860 991 2 990

 Smithsonian Institution 131 ...... 131 918 (**) 918 798 (**) 798

 Tennessee Valley Authority 4,613 3,996 617 42,754 43,254 -500 32,411 33,331 -920

 Other 190 31 160 3,615 510 3,105 2,851 551 2,300

 Total--Independent Agencies 7,498 10,946 -3,449 130,127 112,415 17,712 116,963 102,071 14,892

Undistributed Offsetting Receipts:

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

 Employer Share, Employee Retirement:

 Department of Health and Human Services:

 Federal Hospital Insurance Trust Fund:

 Federal Employer Contributions -343 ...... -343 -3,000 ...... -3,000 -2,850 ...... -2,850

 Postal Service Employer Contributions -53 ...... -53 -494 ...... -494 -488 ...... -488

 Department of State:

 Foreign Service Retirement and Disability Fund -31 ...... -31 -274 ...... -274 -267 ...... -267

 Other Defense Civil Programs:

 Military Retirement Fund -2,293 ...... -2,293 -25,007 ...... -25,007 -23,188 ...... -23,188

 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 -3,532 ...... -3,532 -28,294 ...... -28,294 -23,553 ...... -23,553

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust Fund:

 Federal Employer Contributions -1,432 ...... -1,432 -12,034 ...... -12,034 -11,245 ...... -11,245

 Federal Disability Insurance Trust Fund:

 Federal Employer Contributions -243 ...... -243 -2,043 ...... -2,043 -2,139 ...... -2,139

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

 Total--Employer Share, Employee Retirement -7,927 ...... -7,927 -79,199 ...... -79,199 -71,494 ...... -71,494

 Interest Received by Trust Funds:

 Judicial Branch:

 Judicial Survivors Annuity Fund (**) ...... (**) -14 ...... -14 -7 ...... -7

 Department of Health and Human Services:

 Federal Hospital Insurance Trust Fund -1,113 ...... -1,113 -5,287 ...... -5,287 -6,805 ...... -6,805

 Federal Supplementary Medical Insurance Trust Fund -727 ...... -727 -2,190 ...... -2,190 -2,669 ...... -2,669

 Department of Homeland Security:

 Oil Spill Liability Trust Fund -2 ...... -2 -61 ...... -61 -106 ...... -106

 Other (**) ...... (**) -27 ...... -27 -21 ...... -21

 Department of Labor:

 Unemployment Trust Fund -914 ...... -914 -2,036 ...... -2,036 -1,730 ...... -1,730

 Department of State:

 Foreign Service Retirement and Disability Fund -268 ...... -268 -535 ...... -535 -556 ...... -556

 Department of Transportation:

 Airport and Airway Trust Fund -152 ...... -152 -378 ...... -378 -334 ...... -334

 Department of Veterans Affairs:

 National Service Life Insurance Fund -37 ...... -37 -84 ...... -84 -106 ...... -106

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

 Corps of Engineers -7 ...... -7 -117 ...... -117 -161 ...... -161

 Other Defense Civil Programs:

 Military Retirement Fund 4,496 ...... 4,496 -7,063 ...... -7,063 -19,005 ...... -19,005

 Educational Benefits Fund 3 ...... 3 -9 ...... -9 -11 ...... -11

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

 Environmental Protection Agency (**) ...... (**) -73 ...... -73 -69 ...... -69

 Office of Personnel Management:

 Civil Service Retirement and Disability Fund -12,331 ...... -12,331 -25,076 ...... -25,076 -25,416 ...... -25,416

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust Fund -37,695 ...... -37,695 -75,900 ...... -75,900 -79,422 ...... -79,422

 Federal Disability Insurance Trust Fund -1,379 ...... -1,379 -2,802 ...... -2,802 -2,888 ...... -2,888

 Independent Agencies:

 Railroad Retirement Board 11 ...... 11 -80 ...... -80 -82 ...... -82

 Other -1 ...... -1 -28 ...... -28 -18 ...... -18

 Other -35 ...... -35 -443 ...... -443 -817 ...... -817

 Total--Interest Received by Trust Funds -50,151 ...... -50,151 -122,204 ...... -122,204 -140,224 ...... -140,224

 Rents and Royalties on the Outer Continental Shelf Lands ...... 221 -221 ...... 2,995 -2,995 ...... 4,853 -4,853

 Spectrum Auction Proceeds ...... ...... ...... ...... ...... ...... -1,155 ...... -1,155

 Total--Undistributed Offsetting Receipts -58,078 221 -58,299 -201,403 2,995 -204,398 -212,874 4,853 -217,727

Total Outlays 1,159,396 54,493 1,104,903 5,384,991 380,619 5,004,372 3,723,326 367,355 3,355,971

 Total On-Budget 1,097,583 48,299 1,049,284 4,622,621 314,780 4,307,841 3,000,007 300,830 2,699,176

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, June 2020 and Other Periods - Continued

[$ millions]

 Total Off-Budget 61,813 6,194 55,619 762,370 65,839 696,531 723,319 66,525 656,794

Total Surplus (+) or Deficit (-) -864,074 -2,744,303 -747,116

 Total On-Budget -903,644 -2,780,557 -787,625

 Total Off-Budget +39,569 +36,254 +40,509

MEMORANDUM

Receipts Offset Against Outlays (In Millions)

Current Comparable

Fiscal Year to Period Prior

Date Fiscal Year

Proprietary Receipts 182,629 183,761

Intrabudgetary Transactions 718,733 624,337

Governmental Receipts 9,139 11,127

 Total Receipts Offset Against Outlays 910,501 819,226

1 Gross Outlays decreased by $68 million due to additional reporting for the month special benefits for the aged and credit for the unnegotiated OASI benefit

of May 2020. checks.

2 Includes $3 billion for Economic Impact Payments to individuals and families. Note: Details may not add to totals due to rounding.

3 Includes $271 billion for Economic Impact Payments to individuals and families. ... No Transactions

4 Includes FICA and SECA tax credits, non-contributory military service credits, (**) 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, June 2020 and Other Periods

[$ millions]

Liability Accounts:

 Borrowing from the Public:

 Treasury Securities, Issued Under General Financing Authorities:

 Debt Held by the Public 717,497 3,721,186 427,268 16,809,091 19,812,781 20,530,277

 Intragovernmental Holdings 13,484 36,653 79,957 5,910,309 5,933,479 5,946,963

 Total Treasury Securities Outstanding 730,981 3,757,839 507,224 22,719,402 25,746,260 26,477,241

 Plus Premium on Treasury Securities 447 9,137 3,471 32,781 41,471 41,918

 Less Discount on Treasury Securities 1,733 5,372 1,524 105,621 109,261 110,993

 Total Treasury Securities Net of Premium and Discount 729,695 3,761,604 509,171 22,646,560 25,678,469 26,408,165

 Agency Securities, Issued Under Special Financing Authorities (See

 Schedule B; for Other Agency Borrowing, See Schedule C) 614 -436 -823 21,455 20,405 21,019

 Total Federal Securities 730,309 3,761,169 508,348 22,668,015 25,698,875 26,429,184

 Deduct:

 Federal Securities Held as Investments of Government Accounts

 (See Schedule D) 13,935 35,441 81,311 5,893,424 5,914,931 5,928,866

 Less Discount on Federal Securities Held as Investments of

 Government Accounts -102 -1,892 1,345 28,201 26,410 26,308

 Net Federal Securities Held as Investments of Government

 Accounts 14,037 37,334 79,966 5,865,224 5,888,520 5,902,557

 Total Borrowing from the Public 716,272 3,723,835 428,381 16,802,792 19,810,354 20,526,627

 Accrued Interest Payable to the Public 3,098 737 11,241 73,285 70,924 74,022

 Allocations of Special Drawing Rights 130 438 -178 48,146 48,454 48,584

 Uninvested BalancesDeposit Funds -764 6,714 199,891 26,129 33,607 32,842

 Miscellaneous Liability Accounts (Includes Checks Outstanding Etc.) -7,186 18,297 1,621 8,483 33,966 26,780

 Total Liability Accounts 711,549 3,750,020 640,956 16,958,835 19,997,306 20,708,855

Asset Accounts (Deduct)

 Cash and Monetary Assets:

 U.S. Treasury Operating Cash:

 Federal Reserve Account 2 272,903 1,339,549 -121,003 382,483 1,449,129 1,722,032

 Balance 272,903 1,339,549 -121,003 382,483 1,449,129 1,722,032

 Special Drawing Rights:

 Total Holdings 135 580 -20 49,976 50,421 50,556

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

 Balance 135 580 -20 44,776 45,221 45,356

 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 305 1,028 -418 1,517 2,241 2,546

 Letter of Credit Issued to IMF 1,232 5,419 10,132 -91,228 -87,041 -85,809

 Dollar Deposits with the IMF -11 -18 -8 -304 -312 -323

 Receivable/Payable (-) for Interim Maintenance of Value

 Adjustments -233 -783 -3,454 1,341 791 558

 Balance 1,294 5,646 6,252 22,955 27,308 28,601

 Loans to International Monetary Fund -77 -775 -2,075 2,759 2,061 1,984

 Other Cash and Monetary Assets 94 -395 23 26,541 126,052 26,147

 Total Cash and Monetary Assets 274,349 1,344,605 -116,823 479,515 1,549,772 1,824,120

 Non-Federal Securities of the National Railroad Retirement

 Investment Trust 402 -1,507 -1,836 24,058 22,149 22,550

 Net Activity, Guaranteed Loan Financing (See Schedule E) -466,702 -472,360 25,100 32,488 26,830 -439,872

 Net Activity, Direct Loan Financing (See Schedule E) 38,953 134,015 -12,136 1,414,936 1,509,998 1,548,951

 Miscellaneous Asset Accounts 538 1,124 -687 -961 -375 163

 Total Asset Accounts -152,461 1,005,876 -106,383 1,950,036 3,108,373 2,955,913

Excess of Liabilities (+) or Assets (-) 864,010 2,744,144 747,340 15,008,798 16,888,932 17,752,942

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

 Schedule A for Details) 64 159 -224 ...... 95 159

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

 or Disposition of Surplus (-)) 864,074 2,744,303 747,116 15,008,798 16,889,027 17,753,101

1 The balance increased by $68 million due to additional reporting by the Public Debt. Information is presented on a modified cash basis. Deposits are

Department of Education for May 2020. reflected as received and withdrawals are reflected as processed.

2 Major sources of information used to determine Treasury's operating cash balance Note: Details may not add to totals due to rounding.

include Federal Reserve Banks, Treasury Regional Finance Centers, Internal ... No Transactions

Revenue Service Centers, various electronic systems, and information on the

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, June 2020 and Other Periods

[$ millions]

Excess of Liabilities Beginning of Period:

 Based on Composition of Unified Budget in Preceding Period 16,889,000 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 -68 71 -140,646

 Excess of Liabilities Beginning of Period (Current Basis) 16,888,932 15,008,798 14,024,278

 Budget Surplus (-) or Deficit:

 Based on Composition of Unified Budget in Prior Fiscal Year 864,074 2,744,303 747,116

 Total Surplus (-) or Deficit (Table 2) 864,074 2,744,303 747,116

 Total-On-Budget (Table 2) 903,644 2,780,557 787,625

 Total-Off-Budget (Table 2) -39,569 -36,254 -40,509

 Transactions Not Applied to Current Year's Surplus or Deficit:

 Premium/Discount on Buyback of U.S. Treasury Securities ...... (**) -2

 Other -64 -159 226

 Total-Transactions Not Applied to Current Year's Surplus or Deficit -64 -159 224

 Excess of Liabilities Close of Period 17,752,942 17,752,942 14,771,617

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, June 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 -4 69 64 65

 Independent Agencies:

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

 National Archives and Records Administration ...... ...... -13 (**) (**) (**)

 Tennessee Valley Authority 613 -431 -806 21,367 20,322 20,935

 Total Agency Securities 614 -436 -823 21,455 20,405 21,019

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,

June 2020 and Other Periods

[$ millions]

Borrowing from the US Treasury:

 Department of Agriculture:

 Farm Service Agency:

 Commodity Credit Corporation 95 1,822 11,125 24,862 26,588 26,683

 Agricultural Credit Insurance Fund 284 839 -441 13,084 13,639 13,923

 Farm Storage Facility Loans -42 31 70 1,067 1,140 1,098

 Apple Loans Fund ...... ...... ...... (**) (**) (**)

 Emergency Boll Weevil Loan Fund ...... -1 -1 4 3 3

 Rural Housing Service:

 Rural Housing Insurance 91 -387 467 18,783 18,306 18,396

 Rural Community Facility Loans Fund 35 192 1,186 10,368 10,525 10,559

 Multifamily Housing Revitalization Loan Account 6 29 1 454 477 483

 Rural Business - Cooperative Service:

 Rural Business and Industry Loans ...... -59 -12 88 30 30

 Rural Development Loan Fund 1 -14 3 304 289 290

 Rural Economic Development Loan Fund 7 -16 17 221 198 205

 Renewable Energy Guaranteed Loan Account ...... -1 (**) 1 (**) (**)

 Rural Microenterprise Investment Loans 1 (**) 1 44 43 43

 Biorefinery Assistance Loan Account ...... -2 -13 2 ...... ......

 Rural Utilities Service:

 Rural Water and Waste Disposal Fund 151 222 430 13,270 13,341 13,492

 Rural Electrification and Telecommunications Fund 24 -359 356 6,865 6,483 6,506

 Rural Telephone Bank ...... -29 -3 118 90 90

 Distance Learning and Telemedicine Program 2 -187 -9 788 599 601

 Foreign Agricultural Service ...... ...... ...... 432 432 432

 Department of Commerce:

 National Oceanic and Atmospheric Administration:

 Fisheries Finance 10 32 29 395 417 427

 Department of Defense--Military Programs:

 Family Housing Improvement Loans ...... ...... 25 1,714 1,714 1,714

 Department of Education:

 College Housing and Academic Facilities Loans (**) (**) (**) 16 16 17

 Federal Direct Student Loans -66,608 16,073 93,939 1,211,865 1,294,546 1,227,938

 Teach Grant Loans -11 69 63 651 731 721

 Temporary Student Loan Purchase Authority -3,317 -3,567 -872 39,713 39,462 36,146

 Federal Family Education Loans (**) 6,682 34 35,265 41,947 41,947

 Department of Energy:

 Bonneville Power Administration Fund 50 590 -237 5,280 5,820 5,870

 Western Area Power Administration - Recovery Act ...... ...... -21 76 76 76

 Advanced Technology Vehicles Manufacturing Loans 71 71 ...... ...... ...... 71

 Title 17 Innovative Technology Loans 29 26 163 748 746 775

 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 3 5 65 71 73 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 ...... ...... ...... 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

 Assistance to American Samoa Loan Fund ...... (**) (**) 8 8 8

 Department of Labor:

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,

June 2020 and Other Periods - Continued

[$ millions]

Borrowing from the US Treasury: - Continued

 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 1,146 2,130 1,266 19,445 20,429 21,575

 Federal Railroad Administration:

 Railroad Rehabilitation and Improvement Loan Fund ...... 270 719 1,187 1,456 1,456

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

 Minority Business Resource Center Fund (**) (**) ...... ...... ...... (**)

 Maritime Administration:

 Maritime Guaranteed Loan (Title XI) Fund ...... ...... 5 125 125 125

 Maritime Guaranteed Loan (Title XI) FFB Financing Account 1 2 ...... ...... 1 2

 Department of the Treasury:

 Departmental Offices:

 Community Development Financial Institutions Fund -1 7 12 96 104 103

 Temporary Credit and Liquidity Program ...... ...... -35 3,709 3,709 3,709

 Troubled Asset Relief Program ...... -2 -18 35 32 32

 Small Business Lending Financing Fund ...... -104 ...... 153 49 49

 ESF - Economic Stabilization Program 11,038 92,480 ...... ...... 81,442 92,480

 Federal Financing Bank Revolving Fund 940 8,619 2,003 63,751 71,430 72,370

 Department of Veterans Affairs:

 Veterans Housing Benefit Program Fund ...... 50 104 492 542 542

 Native American Veteran Housing Fund 2 6 3 73 77 79

 Vocational Rehabilitation Loan Fund ...... 22133

 Corps of Engineers:

 Washington Aqueduct (**) (**) (**) (**) (**) (**)

 Environmental Protection Agency:

 Water Infrastructure Finance and Innovation Loan Program 43 208 (**) (**) 165 208

 International Assistance Programs:

 International Security Assistance:

 Foreign Military Loan Program ...... ...... ...... 3,066 3,066 3,066

 Military Debt Reduction -12 -12 ...... 48 48 36

 Agency for International Development:

 Development Credit Authority Loan Fund ...... -8 ...... 8 ...... ......

 Overseas Private Investment Corporation ...... -3,829 598 3,829 ...... ......

 United States International Development Finance Corporation 569 4,968 ...... ...... 4,399 4,968

 Small Business Administration:

 Business Loan Fund 31 187 -66 2,220 2,376 2,407

 Disaster Loan Fund 150,000 206,118 1,353 9,590 65,708 215,708

 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 -3,848 -913 -924 3,934 6,870 3,021

 Smithsonian Institution:

 John F. Kennedy Center Parking Facilities ...... ...... ...... 20 20 20

 Other:

 Borrowing from the US Treasury - Other ...... (**) ...... ...... (**) (**)

 Total Borrowing from the US Treasury 90,795 346,696 120,061 1,570,919 1,826,820 1,917,615

Borrowing from the Federal Financing Bank:

 Department of Agriculture:

 Rural Utilities Service:

 Rural Electrification and Telecommunications Fund -217 2,180 1,267 46,289 48,686 48,469

 Department of Education:

 Historically Black College and University Capital Financing

 Fund -1 22 29 1,479 1,502 1,501

 Department of Energy:

 Advanced Technology Vehicles Manufacturing Loans -148 -443 -443 1,618 1,323 1,175

 Title 17 Innovative Technology Loans 935 1,698 1,781 12,804 13,567 14,502

 Department of Health and Human Services:

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,

June 2020 and Other Periods - Continued

[$ millions]

Borrowing from the Federal Financing Bank: - Continued

 Health Maintenance Organization Loan and Loan Guarantee Fund ...... ...... ...... (**) (**) (**)

 Department of Housing and Urban Development:

 Housing Programs:

 Federal Housing Administration 30 335 278 1,969 2,274 2,304

 Department of Transportation:

 Maritime Administration:

 Maritime Guaranteed Loan (Title XI) FFB Financing Account 140 326 ...... ...... 186 326

 Department of the Treasury:

 Departmental Offices:

 Community Development Financial Institutions Fund 2 58 235 1,017 1,073 1,075

 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 740 7,575 946 76,180 83,015 83,756

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, June 2020 and Other Periods

[$ millions]

Federal Funds:

 Department of Agriculture 4 16 11 226 238 242

 Department of Commerce -2 ...... ...... ...... 2 ......

 Department of Defense--Military Programs:

 Defense Cooperation Account ...... (**) (**) 8 8 8

 Department of Energy 72 359 -132 55,848 56,135 56,206

 Department of Health and Human Services ...... 11,006 10,236 ...... 11,006 11,006

 Department of Homeland Security -4 274 488 1,525 1,803 1,799

 Department of Housing and Urban Development:

 Housing Programs:

 Federal Housing Administration Fund -714 3,154 21,324 50,601 54,468 53,754

 Government National Mortgage Association:

 Guarantees of Mortgage-Backed Securities 1 -7,761 -164 15,784 8,022 8,023

 Department of the Interior -134 263 432 9,921 10,319 10,185

 Department of Justice (**) 149 -1,031 1,040 1,188 1,188

 Department of Labor 403 4,739 3,767 37,020 41,357 41,760

 Department of State:

 Foreign Service Retirement and Disability Fund (**) 7 5 23 30 30

 Other -3 -3 (**) 15 15 12

 Department of Transportation 37 -43 32 2,343 2,263 2,300

 Department of the Treasury 17 -11,427 664 23,842 12,398 12,414

 Department of Veterans Affairs:

 Veterans Reopened Insurance Fund (**) -13 -12 84 70 70

 Servicemen'S Group Life Insurance Fund 7 610 (**) 301 904 911

 Other Defense Civil Programs:

 Uniformed Services Retiree Health Care Fund -1,736 13,667 14,178 254,176 269,579 267,844

 Office of Personnel Management:

 Postal Service Contributions 210 -1,760 -3,905 44,611 42,640 42,850

 Independent Agencies:

 Federal Deposit Insurance Corporation:

 Deposit Insurance Fund 1,425 3,091 6,553 104,015 105,682 107,107

 FSLIC Resolution Fund (**) 9 15 872 881 881

 Federal Housing Finance Agency -20 84 66 71 175 156

 National Credit Union Administration 89 1,900 378 15,736 17,547 17,636

 Postal Service 478 4,351 -1,817 9,341 13,214 13,692

 Tennessee Valley Authority ...... -25 (**) 25 ...... ......

 Other

 Treasury Securities 5,763 5,702 -1,622 11,501 11,440 17,203

 Other -5,989 -4,569 -278 8,581 10,001 4,012

 Total Treasury Securities -96 23,779 49,187 647,510 671,385 671,290

 Total Federal Funds -96 23,779 49,187 647,510 671,385 671,290

Trust Funds:

 Legislative Branch:

 Library of Congress 1 3 5 23 25 26

 United States Tax Court ...... (**) (**) 13 13 13

 Other (**) 3 (**) 29 32 32

 Judicial Branch:

 Judicial Retirement Funds -22 160 120 1,304 1,486 1,464

 Department of Agriculture ...... ...... (**) 6 6 6

 Department of Commerce 13 92 1,280 7,561 7,639 7,653

 Department of Defense--Military Programs:

 Voluntary Separation Incentive Fund -4 6 1 89 98 95

 Other -49 -15 439 1,735 1,769 1,720

 Department of Health and Human Services:

 Federal Supplementary Medical Insurance Trust Fund -1,043 -13,016 7,720 104,716 92,743 91,700

 Other 1,611 -68,323 3,548 202,509 132,575 134,186

 Department of Homeland Security 119 288 351 8,853 9,023 9,142

 Department of the Interior -19 76 6 36 131 112

 Department of Labor:

 Unemployment Trust Fund -23,801 -3,617 11,200 84,361 104,546 80,744

 Other -8 -20 -24 64 52 44

 Department of State:

 Foreign Service Retirement and Disability Fund 218 510 272 19,318 19,610 19,829

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, June 2020 and Other Periods - Continued

[$ millions]

Trust Funds: - Continued

 Other (**) -1 -2 46 45 45

 Department of Transportation:

 Airport and Airway Trust Fund -881 -3,748 1,937 15,018 12,151 11,270

 Highway Trust Fund -2,297 -11,666 -5,388 28,192 18,823 16,526

 Department of the Treasury -149 -71 119 3,578 3,656 3,507

 Department of Veterans Affairs:

 General Post Fund, National Homes ...... (**) 29 119 120 120

 National Service Life Insurance -10 -370 -403 2,456 2,096 2,086

 United States Government Life Insurance Fund (**) (**) (**) 2 2 2

 Veterans Special Life Insurance Fund 12 -87 -78 1,357 1,258 1,270

 Corps of Engineers -27 259 1,543 9,454 9,740 9,713

 Other Defense Civil Programs:

 Military Retirement Fund -8,394 85,829 85,399 827,414 921,637 913,243

 Other 4 -48 -22 1,158 1,105 1,109

 Environmental Protection Agency -181 172 484 6,024 6,378 6,197

 National Aeronautics and Space Administration (**) -1 -1 16 15 15

 Office of Personnel Management:

 Civil Service Retirement and Disability Fund

 Treasury Securities 8,799 -10,974 -118,547 939,703 919,930 928,728

 Employees Life Insurance Fund 48 400 962 48,199 48,551 48,598

 Employees and Retired Employees Health Benefits Fund 747 1,050 677 27,802 28,105 28,852

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust Fund 36,209 33,816 32,559 2,804,396 2,802,004 2,838,213

 Federal Disability Insurance Trust Fund 3,149 1,837 7,628 96,520 95,208 98,357

 Independent Agencies:

 Harry S Truman Scholarship Foundation -4 -14 -1 51 41 37

 Japan-United States Friendship Commission ...... ...... -1 35 35 35

 Railroad Retirement Board

 Treasury Securities -94 -815 40 2,606 1,885 1,791

 Agency Securities 1 1 ...... ...... ...... 1

 Other

 Treasury Securities 84 -54 271 1,149 1,011 1,095

 Total Treasury Securities 14,029 11,661 32,125 5,245,914 5,243,545 5,257,575

 Total Agency Securities 1 1 ...... ...... ...... 1

 Total Trust Funds 14,031 11,662 32,125 5,245,914 5,243,545 5,257,576

Grand Total 13,935 35,441 81,311 5,893,424 5,914,931 5,928,866

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, June 2020 and Other Periods

[$ millions]

Guaranteed Loan Financing Activity:

 Department of Agriculture:

 Farm Service Agency:

 Commodity Credit Corporation Export Fund -12 -35 -40 183 160 148

 Agricultural Credit Insurance Fund (**) -7 -2 -207 -214 -214

 Natural Resources Conservation Service:

 Agricultural Resource Conservation Demonstration Program ...... ...... ...... (**) (**) (**)

 Rural Housing Service:

 Rural Community Facility Loans (**) 1 -2 -42 -41 -41

 Rural Housing Insurance Fund -17 -15 47 851 852 835

 Rural Business - Cooperative Service:

 Rural Business and Industry Loans 10 2 -26 -157 -165 -154

 Renewable Energy Guaranteed Loan Account ...... -3 -10 -50 -53 -53

 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 -996 -2,237 476 23,825 22,584 21,588

 Department of Energy:

 Title 17 Innovative Technology Loans ...... -51 21 -126 -177 -177

 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 -3 23 -7 -135 -109 -112

 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 10,830 11,938 21,172 19,700 20,807 31,637

 FHA-General and Special Risk Fund 3,194 4,330 1,808 -2,389 -1,254 1,941

 Home Ownership Preservation Entity Fund (**) (**) (**) -17 -17 -17

 Government National Mortgage Association:

 Guarantees of Mortgage-Backed Securities -150 -1,770 -1,339 6,253 4,632 4,482

 Department of the Interior:

 Bureau of Indian Affairs and Bureau of Indian Education -2 -6 -23 -46 -50 -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 (**) -11 -51 -51 -62 -62

 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 -185 1,761 2,462 -9,169 -7,223 -7,408

 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, June 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 -21 255 278 278

 United States International Development Finance Corporation 65 78 ...... ...... 13 78

 Urban and Environmental Credit 1 2 ...... ...... 1 2

 Small Business Administration:

 Business Loan Fund -479,483 -486,535 342 -1,662 -8,713 -488,196

 Independent Agencies:

 Export-Import Bank of the United States 46 142 300 -568 -472 -426

 Net Activity, Guaranteed Loan Financing -466,702 -472,360 25,100 32,488 26,830 -439,872

Direct Loan Financing Activity:

 Department of Agriculture:

 Farm Service Agency:

 Agricultural Credit Insurance Fund 151 716 229 11,550 12,115 12,266

 Farm Storage Facility Loans -1 21 51 819 842 841

 Apple Loans Fund ...... ...... ...... (**) (**) (**)

 Emergency Boll Weevil Loan Fund ...... -2 -1 3 2 2

 Rural Housing Service:

 Rural Community Facility Loans Fund -61 218 873 9,512 9,791 9,730

 Rural Housing Insurance Fund -37 -399 -429 15,735 15,373 15,336

 Multifamily Housing Revitalization Loan Account 3 32 14 416 445 448

 Rural Business - Cooperative Service:

 Rural Business and Industry Loan Fund (**) (**) -1 (**) -1 -1

 Rural Development Loan Fund -2 -14 -13 280 268 266

 Rural Economic Development Loan Fund 1 -10 6 185 173 175

 Rural Microenterprise Investment Loans (**) (**) (**) 40 40 40

 Rural Utilities Service:

 Rural Water and Waste Disposal Loans -34 -248 -88 11,857 11,643 11,609

 Rural Electrification and Telecommunications Fund 376 2,611 214 48,284 50,519 50,895

 Rural Telephone Bank -1 -13 -16 92 80 79

 Distance Learning and Telemedicine Program -6 -55 -67 560 510 505

 Rural Development Insurance Fund ...... ...... ...... 1,065 1,065 1,065

 Foreign Agricultural Service:

P.L. 480 Direct Loan Fund 1 -81 -36 407 324 326

International Debt Reduction ...... -4 -7 -62 -66 -66

 Department of Commerce:

 National Oceanic and Atmospheric Administration:

 Fisheries Finance 5 -5 -15 395 386 390

 Department of Defense--Military Programs -7 -121 -39 1,714 1,599 1,592

 Department of Education:

 Office of Postsecondary Education:

 College Housing and Academic Facilities Loans (**) (**) (**) 3 3 3

 Historically Black College and University Capital Financing

 Fund 1 25 17 1,320 1,343 1,344

 Office of Student Financial Assistance:

 Federal Direct Student Loans -61,043 -42,055 -4,864 1,177,207 1,196,195 1,135,152

 Teach Grant Loans 28 48 9 616 636 664

 Temporary Student Loan Purchase Authority -5,474 -8,873 -8,752 58,858 55,460 49,986

 Department of Energy:

 Advanced Technology Vehicles Manufacturing Loans -37 -335 -421 1,548 1,250 1,213

 Title 17 Innovative Technology Loans 972 1,739 2,074 12,737 13,503 14,475

 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 3 -4 60 34 28 31

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, June 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 -85 248 269 2,077 2,410 2,325

 Green Retrofit Program for Multifamily Housing Fund -1 -5 -4 8 4 3

 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 (**) 2

 Department of Transportation:

 Federal Highway Administration:

 Transportation Infrastructure Finance and Innovation Fund 596 -3,311 638 19,332 15,426 16,022

 Tiger Tifia Loan Fund 3 2 -1 58 58 60

 Federal Railroad Administration:

 Railroad Rehabilitation and Improvement Loan Fund -2 202 682 1,070 1,274 1,272

 Maritime Administration:

 Maritime Guaranteed Loan (Title XI) FFB Financing Account 134 312 ...... ...... 178 312

 Department of the Treasury:

 Departmental Offices:

 Community Development Financial Institutions Fund 2 64 239 1,110 1,171 1,173

 GSE Mortgage-Backed Securities Purchase Program ...... ...... ...... 4,613 4,613 4,613

 Temporary Credit and Liquidity Program -170 -1,200 -386 3,644 2,615 2,444

 Troubled Asset Relief Program (**) 64 -1 -43 21 20

 Small Business Lending Program ...... -8 -20 53 45 45

 ESF - Economic Stabilization Program 39,710 92,480 ...... ...... 52,770 92,480

 Bureau of the Fiscal Service ...... ...... ...... (**) (**) (**)

 Department of Veterans Affairs:

 Veterans Benefits Administration:

 Veterans Housing Benefit Program Fund -4 15 -4 389 408 404

 Native American Veteran Housing Fund -1 -2 -1 68 67 66

 Transitional Housing Loans (**) (**) (**) (**) (**) (**)

 Vocational Rehabilitation Loan Fund (**) (**) (**) (**) (**) (**)

 Environmental Protection Agency:

 Water Infrastructure Finance and Innovation Loan Program 43 207 (**) (**) 164 207

 International Assistance Programs:

 International Security Assistance:

 Foreign Military Loan Program ...... -405 429 2,432 2,028 2,028

 Military Debt Reduction -36 -36 ...... 36 36 (**)

 Agency for International Development:

 International Debt Reduction ...... -26 -55 -146 -172 -172

 Overseas Private Investment Corporation ...... 42 77 2,860 2,902 2,902

 International Monetary Programs ...... ...... ...... -278 -278 -278

 United States International Development Finance Corporation 430 394 ...... ...... -36 394

 Small Business Administration:

 Business Loan Fund 10 2 -5 172 165 175

 Disaster Loan Fund 64,150 94,578 340 8,252 38,681 102,831

 Independent Agencies:

 Export-Import Bank of the United States -664 -2,781 -3,119 13,831 11,714 11,050

 Federal Communications Commission:

 Spectrum Auction Loan Fund ...... ...... (**) (**) (**) (**)

 Net Activity, Direct Loan Financing 38,953 134,015 -12,136 1,414,936 1,509,998 1,548,951

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 92,116 984,593 1,301,477

 Corporation Income Taxes 6,571 532 58,311 10,492 -2,041 10,390 3,940 -1,795 5,707 92,106 164,355

 Social Insurance and Retirement Receipts:

 Employment and General Retirement 86,671 93,654 102,399 117,604 97,239 107,165 129,982 99,529 124,009 958,252 912,987

 Unemployment Insurance 2,757 2,596 248 3,019 2,279 296 9,063 11,720 1,780 33,759 33,258

 Other Retirement 389 486 449 422 400 405 402 505 471 3,929 3,543

 Excise Taxes 6,037 7,513 7,017 6,308 6,685 6,415 353 2,701 3,678 46,707 71,195

 Estate and Gift Taxes 1,691 1,239 1,698 2,361 1,584 1,217 13 736 630 11,168 12,435

 Customs Duties 7,757 6,940 6,449 6,918 6,286 4,815 4,114 3,833 4,480 51,592 50,472

 Miscellaneous Receipts 7,260 6,461 6,529 8,506 5,892 7,749 18,739 8,871 7,958 77,965 59,134

 Total--Receipts This Year 245,521 225,185 335,805 372,288 187,951 236,766 241,863 173,861 240,829 2,260,069 ......

 (On-Budget) 181,095 155,648 259,671 281,546 112,136 153,068 142,052 96,428 145,640 1,527,283 ......

 (Off-Budget) 64,426 69,537 76,135 90,742 75,815 83,698 99,811 77,433 95,188 732,785 ......

 Total--Receipts Prior Year 252,692 205,961 312,584 339,980 167,265 228,811 535,545 232,064 333,952 ...... 2,608,855

 (On-Budget) 190,915 139,336 242,999 253,837 95,390 149,414 439,736 158,229 241,695 ...... 1,911,551

 (Off-Budget) 61,777 66,625 69,585 86,143 71,875 79,397 95,809 73,835 92,257 ...... 697,303

Outlays:

 Legislative Branch 504 303 586 460 385 455 384 443 521 4,042 3,636

 Judicial Branch 713 776 677 689 631 701 668 776 685 6,317 5,957

 Department of Agriculture:

 Commodity Credit Corporation 5,774 6,662 3,145 845 3,172 -75 -667 -290 -371 18,195 17,314

 Foreign Agricultural Service 297 147 154 170 221 125 111 269 124 1,619 1,367

 Other 13,022 11,759 11,763 10,210 10,079 11,179 10,860 12,532 21,036 112,440 96,411

 Department of Commerce 963 2,359 1,291 1,012 993 1,200 1,478 1,202 1,310 11,808 8,574

 Department of Defense--Military Programs:

 Military Personnel 28,921 14,024 12,271 11,838 12,061 7,429 11,872 11,961 12,164 122,541 119,707

 Operation and Maintenance 21,805 21,315 23,294 23,443 21,683 25,018 23,262 23,204 23,543 206,566 199,418

 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 10,212 104,612 91,103

 Research, Development, Test, and Evaluation 7,690 7,430 9,703 5,952 6,659 10,789 7,957 8,659 8,772 73,609 67,664

 Military Construction 862 583 668 521 611 864 876 601 877 6,463 5,761

 Family Housing 84 67 97 79 97 89 119 151 107 889 805

 Revolving and Management Funds 258 1,241 981 -92 551 -317 394 921 -857 3,079 4,113

 Other 209 556 -1,000 -224 30 -204 -273 -122 184 -843 -800

 Total Department of Defense--Military Programs 68,233 60,073 59,042 50,354 52,622 57,855 55,280 58,453 55,003 516,915 487,777

 Department of Education 8,094 4,772 4,785 9,839 9,295 6,366 5,806 8,862 78,038 135,857 86,430

 Department of Energy 3,109 2,639 2,226 2,830 2,348 2,876 2,662 2,690 2,555 23,934 20,745

 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 27,462 26,466

 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 42,202 334,978 301,941

 Federal Hospital Insurance Trust Fund 27,210 35,953 18,135 39,218 27,307 19,671 118,020 -2,190 32,137 315,462 245,549

 Federal Supplementary Medical Insurance

 Trust Fund 38,895 57,493 19,585 59,190 35,558 19,186 45,113 63,171 42,405 380,596 335,087

 Other 34,196 30,045 30,051 38,169 31,681 30,456 35,625 31,904 32,656 294,783 289,336

 Administration for Children and Families 4,848 5,527 4,594 4,908 4,637 5,255 5,297 4,688 4,753 44,506 41,357

 Other -37,714 -33,291 -36,428 -44,759 -37,500 -38,945 -2,237 -11,572 -27,573 -270,020 -337,869

 Department of Homeland Security 4,884 5,053 5,450 4,563 4,299 4,776 5,487 6,031 6,599 47,142 42,619

 Department of Housing and Urban Development 3,836 3,798 4,056 3,667 3,753 4,452 4,093 4,797 -9,864 22,588 17,324

 Department of the Interior 1,251 900 1,467 1,255 856 1,495 2,120 1,162 1,866 12,372 10,053

 Department of Justice 3,135 2,778 3,024 3,671 364 3,534 5,645 2,817 3,714 28,683 25,992

 Department of Labor:

 Unemployment Trust Fund 2,285 2,079 2,941 3,407 3,090 4,659 21,550 29,561 35,443 105,015 24,317

 Other -5,653 1,278 2,206 1,475 265 990 27,970 64,308 81,241 174,081 2,619

 Department of State 2,251 3,377 2,733 2,411 2,213 2,760 2,858 1,658 2,708 22,970 20,540

 Department of Transportation:

 Highway Trust Fund 4,742 3,683 3,153 2,528 2,998 3,345 2,900 3,759 3,955 31,064 29,072

 Other 2,728 2,810 3,380 2,915 4,007 2,927 4,581 6,080 5,660 35,088 25,905

 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 68,463 405,423 456,868

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 28,139 606,377 128,939

 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 81,556 74,355

 National Service Life 54 49 37 63 43 58 55 51 46 456 508

 Other 8,937 10,481 8,136 8,964 8,128 6,230 9,276 9,943 8,474 78,569 74,084

 Corps of Engineers 710 684 785 731 663 795 1,089 326 472 6,254 4,796

 Other Defense Civil Programs 5,354 10,121 5,360 6,191 5,026 515 5,014 5,875 7,189 50,645 45,411

 Environmental Protection Agency 831 829 777 826 707 690 638 753 749 6,800 6,265

 Executive Office of the President 33 33 33 32 32 33 31 44 34 305 298

 General Services Administration 46 -54 -17 -27 400 -3 -128 -226 57 49 -690

 International Assistance Programs:

 International Security Assistance 513 2,093 1,100 3,526 426 505 493 590 577 9,822 9,604

 Multilateral Assistance (**) 1 235 46 3 1,489 242 29 157 2,201 1,856

 Agency for International Development 1,095 816 626 457 728 730 710 1,165 668 6,996 5,715

 Other -176 -564 -2,667 -1,540 285 2,649 1,054 -579 -520 -2,058 2,414

 National Aeronautics and Space Administration 1,715 1,793 2,346 1,318 1,489 1,864 1,625 1,862 1,963 15,975 14,744

 National Science Foundation 679 595 549 578 535 538 522 541 601 5,138 5,081

 Office of Personnel Management 9,587 8,470 8,102 9,445 9,062 8,988 9,286 7,815 7,635 78,389 76,876

 Small Business Administration 81 81 104 85 102 -1,056 15,367 10,844 511,355 536,963 170

 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 84,610 708,829 669,158

 Federal Disability Insurance Trust Fund

 (Off-Budget) 12,285 12,259 11,774 12,402 12,262 12,540 12,520 12,512 12,118 110,674 110,972

 Other 4,688 9,303 4,896 4,820 4,896 309 4,816 5,336 4,736 43,801 42,863

 Independent Agencies:

 Deposit Insurance Fund 367 124 -989 266 -631 -1,312 528 -160 -1,460 -3,268 -6,374

 FSLIC Resolution Fund -2 -1 -2 -1 -1 (**) (**) (**) (**) -8 -15

 Postal Service:

 Off-Budget:

 Public Enterprise Funds 545 788 -690 -696 -91 -459 -887 897 -336 -930 -690

 Other 38 20 1 208 ...... ...... ...... ...... ...... 267 265

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

 Tennessee Valley Authority -188 -95 36 -180 -302 428 -85 -731 617 -500 -920

 Other 2,399 2,532 2,658 2,105 3,428 4,115 5,600 1,525 -2,269 22,094 22,570

 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 -79,199 -71,494

 Interest Received by Trust Funds 3,223 -2,183 -59,103 -1,716 -3,729 -2,767 -6,312 535 -50,151 -122,204 -140,224

 Rents and Royalties on the Outer Continental

 Shelf Lands -441 -295 -672 -480 -115 -631 -188 48 -221 -2,995 -4,853

 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 5,004,372 ......

03

 (On-Budget) 300,962 345,901 302,065 326,440 334,290 266,410 900,847 481,642 1,049,2 4,307,841 ......

84

 (Off-Budget) 79,026 88,122 47,026 78,443 88,939 89,344 79,038 90,972 55,619 696,531 ......

 Total-Surplus (+) or Deficit (-) -134,467 -208,838 -13,286 -32,595 -235,278 -118,988 -738,022 -398,754 -864,074 -2,744,303 ......

 (On-Budget) -119,867 -190,253 -42,394 -44,894 -222,155 -113,342 -758,795 -385,215 -903,644 -2,780,557 ......

 (Off-Budget) -14,600 -18,585 29,108 12,299 -13,124 -5,646 20,773 -13,539 39,569 36,254 ......

 Total Borrowing from the Public 159,836 125,462 65,767 41,898 200,119 267,964 1,386,5 759,988 716,272 3,723,835 428,381

28

 Total-Outlays Prior Year 353,183 410,864 326,123 331,299 401,243 375,756 375,240 439,833 342,430 ...... 3,355,971

 (On-Budget) 279,122 328,697 284,536 256,096 316,103 290,478 299,230 352,744 292,171 ...... 2,699,176

 (Off-Budget) 74,061 82,166 41,588 75,203 85,140 85,278 76,011 87,089 50,259 ...... 656,794

 Total-Surplus (+) or Deficit (-) Prior Year -100,491 -204,903 -13,539 8,681 -233,977 -146,945 160,304 -207,768 -8,477 ...... -747,116

 (On-Budget) -88,207 -189,361 -41,537 -2,259 -220,713 -141,064 140,506 -194,514 -50,476 ...... -787,625

 (Off-Budget) -12,284 -15,541 27,997 10,940 -13,265 -5,881 19,798 -13,254 41,999 ...... 40,509

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 June 30, 2020

[$ millions]

Trust Receipts, Outlays, and Investments Held:

 Airport and Airway 159 1,627 -1,467 19,885 14,001 5,885 15,018 12,151 11,270

 Black Lung Disability 21 16 4 153 158 -6 ...... ...... ......

 Federal Disability Insurance 15,343 12,118 3,224 112,539 110,674 1,865 96,520 95,208 98,357

 Federal Employees Life and Health ...... -794 794 ...... -1,521 1,521 76,001 76,656 77,450

 Federal Employees Retirement 16,635 7,630 9,005 58,827 69,128 -10,301 960,338 941,038 950,034

 Federal Hospital Insurance 33,754 32,266 1,488 248,299 316,845 -68,546 ...... ...... ......

 Federal Old-Age and Survivors Insurance 120,619 84,610 36,009 742,555 708,829 33,726 2,804,396 2,802,004 2,838,213

 Federal Supplementary Medical Insurance 41,964 42,405 -440 366,923 380,596 -13,673 104,716 92,743 91,700

 Hazardous Substance Superfund 12 114 -103 1,312 1,134 179 5,251 5,525 5,344

 Highways 2,183 5,059 -2,877 25,979 39,241 -13,262 28,192 18,823 16,526

 Military Advances 3,468 2,947 521 30,486 27,875 2,611 ...... ...... ......

 Military Retirement -2,203 5,190 -7,392 123,944 46,600 77,343 827,414 921,637 913,243

 Railroad Retirement 5,623 1,481 4,142 10,285 11,698 -1,413 2,606 1,885 1,792

 Unemployment 2,710 35,469 -32,759 118,620 105,154 13,466 84,361 104,546 80,744

 Veterans Life Insurance 40 37 3 103 565 -462 3,815 3,356 3,357

 All Other Trust 467 680 -213 5,412 4,735 677 237,286 167,973 169,544

 Total Trust Fund Receipts and Outlays and Investments

 Held from Table 6-D 240,795 230,855 9,940 1,865,320 1,835,711 29,609 5,245,914 5,243,545 5,257,576

 Less: Interfund Transactions 112,111 112,111 ...... 831,060 831,060 ...... ...... ...... ......

 Trust Fund Receipts and Outlays on the Basis of

 Tables 4 & 5 128,684 118,744 9,940 1,034,260 1,004,651 29,609

Total Federal Fund Receipts and Outlays 112,347 986,361 -874,014 1,226,482 4,000,394 -2,773,912

 Less: Interfund Transactions 203 203 ...... 673 673 ......

 Federal Fund Receipts and Outlays on the Basis of

 Table 4 & 5 112,145 986,158 -874,014 1,225,809 3,999,720 -2,773,912

Net Budget Receipts & Outlays 240,829 1,104,903 -864,074 2,260,069 5,004,372 -2,744,303

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, June 2020 and Other Periods

[$ millions]

Receipts

 Individual Income Taxes 92,116 984,593 1,301,477

 Corporation Income Taxes 5,707 92,106 164,355

 Social Insurance and Retirement Receipts:

 Employment and General Retirement 124,009 958,252 912,987

 Unemployment Insurance 1,780 33,759 33,258

 Other Retirement 471 3,929 3,543

 Excise Taxes 3,678 46,707 71,195

 Estate and Gift Taxes 630 11,168 12,435

 Customs Duties 4,480 51,592 50,472

 Miscellaneous Receipts 7,958 77,965 59,134

 Total 240,829 2,260,069 2,608,855

Net Outlays

 National Defense 58,075 543,478 512,543

 International Affairs 3,642 52,536 41,062

 General Science, Space, and Technology 3,028 25,064 23,483

 Energy 1,359 5,227 2,327

 Natural Resources and Environment 3,542 30,869 26,196

 Agriculture 6,246 37,874 31,303

 Commerce and Housing Credit 494,321 527,975 -26,920

 Transportation 16,921 101,915 66,581

 Community and Regional Development 12,715 38,402 22,485

 Education, Training, Employment, and Social Services 80,751 160,708 110,059

 Health 70,764 550,071 431,932

 Medicare 61,079 593,060 484,757

 Income Security 155,633 941,172 408,014

 Social Security 96,782 819,670 780,019

 Veterans Benefits and Services 17,683 160,798 149,278

 Administration of Justice 7,081 53,798 47,987

 General Government 4,880 164,179 13,883

 Net Interest 18,548 279,768 308,485

 Undistributed Offsetting Receipts -8,148 -82,193 -77,502

 Total 1,104,903 5,004,372 3,355,971

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 -XO\ 20 Statement 

will be 2:00 p.m. EST $XJXVW  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