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 2023 Through March 31, 2023, and Other Periods

Contents 

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

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

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

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

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

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

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

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

Introduction

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

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

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

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

AUDIENCE 

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

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

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

DISCLOSURE STATEMENT 

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

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

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

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

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

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

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

TRIAD OF PUBLICATIONS 

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

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

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

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

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

Treasury. 

DATA SOURCES AND INFORMATION 

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

of information relevant to the MTS. 

3

Highlight

The budget estimates provided in Tables 2 and 3 are based on the FY 2024 Budget, which was released by the Office 

of Management and Budget on March 9, 2023. The detailed line items in this month’s publication have been aligned to 

the FY 2024 Budget, released by the Office of Management and Budget on March 9, 2023.

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

payments to health maintenance organizations and prescription drug plans accelerated into March, because April 1, 

2023, the normal payment date, fell on a non-business day.
4

Receipts by Source: Outlays by Function:

Figure 1. Receipts, Outlays, and Surplus/Deficit for March 2023

Figure 2. Cumulative Receipts, Outlays, and Surplus/Deficit through Fiscal Year 2023

Total Receipts

$2,048 Billion

Total Outlays

$3,149 Billion

Receipts by Source: Outlays by Function:

Source data: Table 9

Deficit

$378 Billion

Total Receipts Total Outlays

$313 Billion $691 Billion

Income Security

Education

Veterans' Benefits & Services

Individual Income Taxes $151 Billion

Corporation Income Taxes 

Miscellaneous 

$6 Billion 

Excise Taxes

$11 Billion 

$8 Billion 

$2 Billion 

$2 Billion 

Customs Duties

Estate and Gift Taxes

Social Insurance & Retirement $133 Billion

$115 Billion Social Security

$115 Billion 

$87 Billion Income Security

Medicare

National Defense

Health

$84 Billion 

$86 Billion 

$67 Billion 

Commerce & Housing Credit

Other

$42 Billion Education

Individual Income Taxes $1,029 Billion

Excise Taxes 

$40 Billion 

$17 Billion 

Estate and Gift Taxes

$41 Billion 

Customs Duties

Miscellaneous 

Deficit

$1,101 Billion

Corporation Income Taxes

$655 Billion 

$451 Billion 

Social Security

$442 Billion 

Medicare

Health

$408 Billion 

$144 Billion

$405 Billion 

Other

Net Interest

Veterans' Benefits & Services

$26 Billion

$30 Billion

Social Insurance & Retirement $760 Billion

$21 Billion

National Defense

Net Interest

Transportation

$301 Billion

$145 Billion

$143 Billion

$56 Billion

$40 Billion

$140 Billion
5

Period Receipts Outlays Deficit/Surplus (-)

Table 1. Summary of Receipts, Outlays, and the Deficit/Surplus of the U.S. Government, Fiscal Years 2022 and 2023, by Month

[$ millions]

FY 2022

 October 283,927 448,983 165,055

 November 281,208 472,543 191,335

 December 486,723 508,026 21,303

 January 465,074 346,375

 February 289,857 506,447

 March 315,165 507,799

-118,699

216,590

192,634

 April 863,644 555,429

 May 388,988 455,211

 June 460,757 549,598

 July 269,331 480,383

 August 303,722 523,318

 September 487,723 917,489

-308,215

66,223

88,842

211,052

219,596

429,766

 Year-to-Date 4,896,119 6,271,600 1,375,481

FY 2023

 October 318,500 406,374 87,874

 November 252,111 500,646 248,535

 December 454,942 539,943 85,001

 January 447,288 486,072 38,784

 February 262,114 524,548 262,434

 March 313,240 691,317 378,076

 Year-to-Date 2,048,196 3,148,900 1,100,704

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

Classification This

Month

Current

Fiscal Year

to Date

Budget

Estimates Full

Fiscal Year 1

Comparable

Prior Period

Year to Date

(2022)

Budget

Estimates

Next Fiscal

Year (2024) 1

Table 2. Summary of Budget and Off-Budget Results and Financing of the U.S. Government, March 2023 and Other Periods

[$ millions]

Total On-Budget and Off-Budget Results:

 Total Receipts 313,240 2,048,196 4,802,483 2,121,955 5,036,384

 On-Budget Receipts 210,007 1,488,491 3,604,388 1,617,120 3,828,230

 Off-Budget Receipts 103,233 559,705 1,198,095 504,835 1,208,154

 Total Outlays 691,317 3,148,900 6,371,827 2,790,173 6,882,738

 On-Budget Outlays 579,980 2,563,248 5,159,771 2,264,744 5,567,203

 Off-Budget Outlays 111,337 585,651 1,212,056 525,428 1,315,535

 Total Surplus (+) or Deficit (-) -378,076 -1,100,704 -1,569,344 -668,218 -1,846,354

 On-Budget Surplus (+) or Deficit (-) -369,973 -1,074,757 -1,555,383 -647,625 -1,738,973

 Off-Budget Surplus (+) or Deficit (-) -8,104 -25,947 -13,961 -20,593 -107,381

 Total On-Budget and Off-Budget Financing 378,076 1,100,704 1,569,344 668,218 1,846,354

Means of Financing:

 Borrowing from the Public 81,031 371,681 1,657,481 1,589,729 1,872,830

 Reduction of Operating Cash, Increase (-) 237,312 458,301 -14,006 -436,363 ......

 By Other Means 59,733 270,722 -74,130 -485,147 -26,476

1 These estimates are based on the FY 2024 Budget, released by the Office of

Management and Budget on March 09, 2023.

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

... No Transactions
6 Source data: Table 1

Receipts Outlays Deficit(-)/Surplus

2022 2023

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar

($1,000B)

($600B)

($200B)

$200B

$600B

$1,000B

($600B)

($400B)

($200B)

$0B

$200B

2022 2023

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar

$1,000B

$2,000B

$3,000B

$4,000B

$5,000B

($7,000B)

($5,000B)

($3,000B)

($1,000B)

($1,000B)

$0B

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

Fiscal Years 2022 and 2023

Receipts Outlays Deficit(-)/Surplus

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

2022 and 2023

$0B
7 Source data: Table 9

$17B$62B

$40B

$140B

$1,029B

$760B

Fiscal Year 2023 to Date: $2,048B

2022 2023

Oct

NovDec

Jan

Feb

Mar

Apr

May

Jun

Jul

AugSep

Oct

NovDec

Jan

Feb

Mar

$0B

$100B

$200B

$300B

$400B

$500B

$600B

$700B

$800B

$900B

Receipt Amount

$11B

$151B

$133B

Month of March 2023: $313B

Figure 5. Receipts of the U.S. Government, by Source, Fiscal Year 2023

Figure 6. Monthly Receipts of the U.S. Government, by Source, Fiscal Years 2022 and 2023

Miscellaneous Receipts

Other

Excise Taxes

Corporation Income Taxes

Individual Income Taxes

Social Insurance and Retirement Receipts

Miscellaneous Receipts

Other

Excise Taxes

Corporation Income Taxes

Individual Income Taxes

Social Insurance and Retirement Receipts

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

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

Note: Details may not add to totals due to rounding

$2B $8B

$8B
8

Source data: Table 9

$115B

$115B

$87B

$86B

$84B

$67B

$138B

Month of March 2023: $691B

$655B

$405B

$442B

$451B

$408B

$301B

$488B

Fiscal Year 2023 to Date: $3,149B

2022 2023

Oct

NovDec

Jan

Feb

Mar

Apr

May

Jun

Jul

AugSep

Oct

NovDec

Jan

Feb

Mar

$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 2023

Social Security Income Security National Defense

Net Interest

Other

Medicare Health

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

Figure 8. Monthly Outlays of the U.S. Government, by Source, Fiscal Years 2022 and 2023

Social Security

Medicare

Income Security

Health

National Defense

Net Interest

Other

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

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

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

Note: Details may not add to totals due to rounding
Classification This

Month

Current

Fiscal Year

to Date

Comparable

Prior Period

Year to Date

Budget

Estimates

Full Fiscal

Year 1

Table 3. Summary of Receipts and Outlays of the U.S. Government, March 2023 and Other Periods

[$ millions]

Budget Receipts

 Individual Income Taxes 150,520 1,029,384 1,124,485 2,327,860

 Corporation Income Taxes 11,487 139,994 127,259 545,999

 Social Insurance and Retirement Receipts:

 Employment and General Retirement (Off-Budget) 103,233 559,705 504,835 1,198,095

 Employment and General Retirement (On-Budget) 28,059 180,165 162,860 414,931

 Unemployment Insurance 579 16,415 27,057 55,268

 Other Retirement 681 3,343 3,027 6,942

 Excise Taxes 7,741 40,115 38,712 91,453

 Estate and Gift Taxes 2,294 21,073 14,275 20,899

 Customs Duties 6,152 41,225 48,559 101,656

 Miscellaneous Receipts 2,494 16,777 70,884 39,380

 Total Receipts 313,240 2,048,196 2,121,955 4,802,483

 (On-Budget) 210,007 1,488,491 1,617,120 3,604,388

 (Off-Budget) 103,233 559,705 504,835 1,198,095

Budget Outlays

 Legislative Branch 503 3,338 2,854 7,289

 Judicial Branch 934 4,481 4,224 9,101

 Department of Agriculture 18,218 132,401 131,391 260,599

 Department of Commerce 979 5,751 6,334 15,843

 Department of Defense--Military Programs 79,381 386,255 358,398 771,250

 Department of Education 38,077 124,162 70,493 226,204

 Department of Energy 3,797 15,245 15,817 43,186

 Department of Health and Human Services 200,966 843,257 793,880 1,700,686

 Department of Homeland Security 8,295 44,883 40,600 100,003

 Department of Housing and Urban Development 5,356 29,173 26,056 61,657

 Department of the Interior 1,165 7,240 6,642 23,844

 Department of Justice 3,440 20,475 18,945 49,571

 Department of Labor 5,281 59,333 28,564 99,474

 Department of State 1,940 14,445 15,656 34,666

 Department of Transportation 7,414 47,927 54,108 115,023

 Department of the Treasury:

 Interest on Treasury Debt Securities (Gross) 77,578 384,227 290,289 897,717

 Other 31,386 156,586 243,720 199,812

 Department of Veterans Affairs 39,920 144,785 126,035 304,529

 Corps of Engineers 892 4,582 4,438 8,286

 Other Defense Civil Programs 10,813 35,838 30,012 70,479

 Environmental Protection Agency 962 4,772 4,727 20,265

 Executive Office of the President 58 257 212 672

 General Services Administration 365 -186 -345 2,339

 International Assistance Programs 4,197 19,646 12,075 44,662

 National Aeronautics and Space Administration 2,368 12,449 11,248 24,864

 National Science Foundation 692 3,935 3,600 9,311

 Office of Personnel Management 9,867 60,181 56,597 122,978

 Small Business Administration 221 1,141 18,247 27,376

 Social Security Administration 124,976 685,876 622,933 1,414,968

 Independent Agencies 30,659 47,767 15,642 34,433

 Southwest Border Regional Commission (**) (**) ......

 Allowances ...... ...... ...... -17,770

 Undistributed Offsetting Receipts:

 Interest -9,545 -76,381 -71,675 -177,107

 Other -9,843 -74,942 -151,542 -134,383

 Total Outlays 691,317 3,148,900 2,790,173 6,371,827

 (On-Budget) 579,980 2,563,248 2,264,744 5,159,771

 (Off-Budget) 111,337 585,651 525,428 1,212,056

 Surplus (+) or Deficit (-) -378,076 -1,100,704 -668,218 -1,569,344

 (On-Budget) -369,973 -1,074,757 -647,625 -1,555,383

 (Off-Budget) -8,104 -25,947 -20,593 -13,961

1 These estimates are based on the FY 2024 Budget, released by the Office of ... No Transactions

Management and Budget on March 09, 2023. (**) Less than absolute value of $500,000

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

9
This Month

Receipts Gross

Receipts

Refunds

(Deduct) Receipts

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Receipts

Refunds

(Deduct) Receipts GrossReceipts

Refunds

(Deduct)

Table 4. Receipts of the U.S. Government, March 2023 and Other Periods

[$ millions]

Individual Income Taxes

 Withheld 1193,055 955,355 983,983

 Presidential Election Campaign Fund 5 10 10

 Other 130,248 266,442 261,550

 Total -- Individual Income Taxes 223,309 72,789 150,520 1,221,807 192,423 1,029,384 1,245,544 121,058 1,124,485

Corporation Income Taxes 14,512 3,025 11,487 159,037 19,043 139,994 151,284 24,024 127,259

Social Insurance and Retirement Receipts:

 Employment and General Retirement:

 Federal Old-Age and Survivors Insurance Trust Fund:

 Federal Insurance Contributions Act Taxes 187,181 ...... 87,181 459,395 ...... 459,395 417,841 ...... 417,841

 Self-Employment Contributions Act Taxes 11,042 ...... 1,042 10,783 ...... 10,783 10,636 ...... 10,636

 Adjustments Attributable to Prior Years-FICA 126 ...... 26 10,214 ...... 10,214 2,565 ...... 2,565

 Adjustments Attrbutable to Prior Years-SECA 1(**) ...... (**) -1,948 ...... -1,948 492 ...... 492

 Total -- Federal Old-Age and Survivors Insurance Trust Fund 88,248 ...... 88,248 478,443 ...... 478,443 431,535 ...... 431,535

 Federal Disability Insurance Trust Fund:

 Federal Insurance Contributions Act Taxes 114,804 ...... 14,804 78,011 ...... 78,011 70,955 ...... 70,955

 Self-Employment Contributions Act Taxes 1177 ...... 177 1,831 ...... 1,831 1,807 ...... 1,807

 Adjustments Attributable to Prior Years-FICA 14 ...... 4 1,731 ...... 1,731 429 ...... 429

 Adjustments Attributable to Prior Years-SECA 1(**) ...... (**) -312 ...... -312 110 ...... 110

 Total -- Federal Disability Insurance Trust Fund 14,985 ...... 14,985 81,261 ...... 81,261 73,301 ...... 73,301

 Federal Hospital Insurance Trust Fund:

 Federal Insurance Contributions Act Taxes 126,842 ...... 26,842 169,088 ...... 169,088 153,731 ...... 153,731

 Self-Employment Contributions Act Taxes 1657 ...... 657 5,044 ...... 5,044 5,014 ...... 5,014

 Adjustments Attributable to Prior Years-FICA 14 ...... 4 2,515 ...... 2,515 863 ...... 863

 Adjustments Attributable to Prior Years-SECA 11 ...... 1 -373 ...... -373 61 ...... 61

 Total -- Federal Hospital Insurance Trust Fund 27,504 ...... 27,504 176,273 ...... 176,273 159,669 ...... 159,669

 Railroad Retirement:

 Rail Pension and Supplemental Annuity 301 2 299 1,911 -5 1,916 1,666 (**) 1,666

 Social Security Equivalent Account 258 2 256 1,966 -9 1,975 1,525 (**) 1,525

 Total -- Employment and General Retirement 131,297 4 131,292 739,855 -15 739,870 667,695 (**) 667,695

 Unemployment Insurance:

 Deposits by States 516 ...... 516 13,337 ...... 13,337 24,722 ...... 24,722

 Federal Unemployment Taxes 77 14 63 2,936 48 2,888 2,275 32 2,243

 Railroad Unemployment Taxes (**) ...... (**) 190 ...... 190 93 ...... 93

 Total -- Unemployment Insurance 593 14 579 16,463 48 16,415 27,089 32 27,057

 Other Retirement:

 Federal Employees' Retirement--Employee Share 679 ...... 679 3,332 ...... 3,332 3,015 ...... 3,015

 Non-Federal Employees Retirement 2 ...... 2 11 ...... 11 12 ...... 12

 Total -- Other Retirement 681 ...... 681 3,343 ...... 3,343 3,027 ...... 3,027

 Total -- Social Insurance and Retirement Receipts 132,571 19 132,553 759,661 33 759,628 697,811 32 697,779

Excise Taxes:

 Miscellaneous Excise Taxes 3,309 306 3,003 15,493 3,439 12,053 15,242 2,229 13,013

 Airport and Airway Trust Fund 1,375 ...... 1,375 10,994 11 10,984 4,806 ...... 4,806

 Highway Trust Fund 3,367 31 3,336 17,122 167 16,955 20,956 166 20,790

 Black Lung Disability Trust Fund 27 ...... 27 123 ...... 123 103 ...... 103

 Total -- Excise Taxes 8,079 338 7,741 43,732 3,617 40,115 41,107 2,395 38,712

Estate and Gift Taxes 2,534 240 2,294 22,133 1,060 21,073 14,620 345 14,275

Customs Duties 6,677 525 6,152 44,830 3,604 41,225 51,493 2,934 48,559

Miscellaneous Receipts:

 Deposit of Earnings, Federal Reserve System 19 ...... 19 526 ...... 526 60,681 ...... 60,681

 Universal Service Fund 712 ...... 712 3,954 ...... 3,954 4,173 ...... 4,173

 All Other 1,767 3 1,763 12,304 7 12,297 6,036 6 6,030

 Total -- Miscellaneous Receipts 2,498 3 2,494 16,785 7 16,777 70,891 6 70,884

Total -- Receipts 390,180 76,939 313,240 2,267,984 219,788 2,048,196 2,272,750 150,795 2,121,955

 Total -- On-Budget 286,946 76,939 210,007 1,708,280 219,788 1,488,491 1,767,915 150,795 1,617,120

 Total -- Off-Budget 103,233 ...... 103,233 559,705 ...... 559,705 504,835 ...... 504,835

1 In accordance with the Social Security Act as amended: Individual Income Taxes, calendar year 2020 and prior.

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

increased by $34.1 million to correct estimates for the calendar year 2021. ... No Transactions

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

Contribution Act Taxes increased by $185 thousand 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, March 2023 and Other Periods

[$ millions]

Legislative Branch:

 Senate 95 (**) 95 573 1 572 525 1 524

 House of Representatives 147 (**) 147 951 2 949 824 2 822

 Joint Items 1 ...... 1 11 ...... 11 14 ...... 14

 Capitol Police 48 ...... 48 310 ...... 310 257 ...... 257

 Congressional Budget Office 5 ...... 5 31 ...... 31 29 ...... 29

 Architect of the Capitol 53 1 52 616 2 613 357 (**) 357

 Library of Congress 73 1 72 394 5 390 376 3 373

 Government Publishing Office 11 ...... 11 39 ...... 39 90 ...... 90

 Government Accountability Office 63 ...... 63 386 ...... 386 350 ...... 350

 United States Tax Court 6 ...... 6 29 ...... 29 28 ...... 28

 Other Legislative Branch Agencies 8 ...... 8 34 ...... 34 40 ...... 40

 Proprietary Receipts from the Public ...... 6 -6 ...... 21 -21 ...... 24 -24

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

 Total--Legislative Branch 511 8 503 3,369 31 3,338 2,885 31 2,854

Judicial Branch:

 Supreme Court of the United States 14 ...... 14 62 ...... 62 56 ...... 56

 Courts of Appeals, District Courts, and Other Judicial

 Services 918 ...... 918 4,915 ...... 4,915 4,045 ...... 4,045

 Other 65 ...... 65 464 ...... 464 464 ...... 464

 Proprietary Receipts from the Public ...... -2 2 ...... 76 -76 ...... 75 -75

 Intrabudgetary Transactions -65 ...... -65 -885 ...... -885 -267 ...... -267

 Total--Judicial Branch 932 -2 934 4,557 76 4,481 4,299 75 4,224

Department of Agriculture:

 Agricultural Research Service 138 ...... 138 837 ...... 837 781 ...... 781

 National Institute of Food and Agriculture:

 Research and Education Activities 74 ...... 74 421 ...... 421 376 ...... 376

 Extension Activities 46 ...... 46 277 ...... 277 262 ...... 262

 Other 18 ...... 18 74 ...... 74 68 ...... 68

 Animal and Plant Health Inspection Service 158 ...... 158 952 ...... 952 711 ...... 711

 Food Safety and Inspection Service 92 ...... 92 572 ...... 572 531 ...... 531

 Agricultural Marketing Service 182 ...... 182 1,067 ...... 1,067 969 ...... 969

 Risk Management Agency:

 Administrative and Operating Expenses 5 ...... 5 34 ...... 34 34 ...... 34

 Federal Crop Insurance Corporation Fund 1,148 246 902 16,701 5,309 11,392 10,120 4,198 5,923

 Farm Service Agency:

 Salaries and Expenses 125 ...... 125 385 ...... 385 529 ...... 529

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

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

 Commodity Credit Corporation 464 573 -109 9,492 2,237 7,256 10,847 2,808 8,039

 Tobacco Trust Fund 8 ...... 8 9 ...... 9 (**) ...... (**)

 Agricultural Credit Insurance Fund 142 29 113 1,319 113 1,206 148 18 130

 Other 11 ...... 11 64 ...... 64 42 ...... 42

 Total--Farm Service Agency 749 602 148 11,269 2,350 8,919 11,565 2,826 8,739

 Natural Resources Conservation Service:

 Conservation Operations 62 ...... 62 388 ...... 388 389 ...... 389

 Farm Security and Rural Investment Programs 235 ...... 235 1,899 ...... 1,899 1,949 ...... 1,949

 Other 29 ...... 29 171 ...... 171 128 ...... 128

 Rural Development 48 ...... 48 -91 ...... -91 108 ...... 108

 Rural Housing Service:

 Rural Housing Insurance Fund 7 36 -30 445 196 249 251 192 59

 Rental Assistance Program 127 ...... 127 693 ...... 693 669 ...... 669

 Other 24 ...... 24 150 ...... 150 104 ...... 104

 Rural Utilities Service:

 Rural Electrification and Telecommunications Fund 64 9 54 283 30 253 443 34 408

 Other 57 2 55 410 12 398 362 25 337

 Foreign Agricultural Service 218 ...... 218 1,117 ...... 1,117 1,209 ...... 1,209

 Food and Nutrition Service:

 Supplemental Nutrition Assistance Program 11,199 ...... 11,199 77,352 ...... 77,352 79,027 ...... 79,027

 Child Nutrition Programs 3,156 ...... 3,156 16,543 ...... 16,543 20,500 ...... 20,500

 Special Supplemental Nutrition Program for Women,

 Infants, and Children (WIC) 637 ...... 637 3,341 ...... 3,341 2,716 ...... 2,716

 Other 61 ...... 61 354 ...... 354 581 ...... 581

 Total--Food and Nutrition Service 15,053 ...... 15,053 97,590 ...... 97,590 102,823 ...... 102,823

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, March 2023 and Other Periods - Continued

[$ millions]

Department of Agriculture: - Continued

 Forest Service:

 National Forest System 175 ...... 175 1,082 ...... 1,082 897 ...... 897

 Capital Improvement and Maintenance 8 ...... 8 90 ...... 90 79 ...... 79

 Wildland Fire Management 128 ...... 128 1,587 ...... 1,587 1,733 ...... 1,733

 Forest Service Permanent Appropriations 18 ...... 18 82 ...... 82 79 ...... 79

 Other 172 ...... 172 950 ...... 950 787 ...... 787

 Total--Forest Service 502 ...... 502 3,790 ...... 3,790 3,575 ...... 3,575

 Other 189 3 186 2,067 43 2,023 2,173 45 2,128

 Proprietary Receipts from the Public ...... 144 -144 ...... 848 -848 (**) 931 -931

 Intrabudgetary Transactions 36 ...... 36 72 ...... 72 41 ...... 41

 Total--Department of Agriculture 19,260 1,041 18,218 141,189 8,788 132,401 139,643 8,252 131,391

Department of Commerce:

 Economic Development Administration 86 ...... 86 413 ...... 413 434 ...... 434

 Bureau of the Census 128 ...... 128 799 ...... 799 925 ...... 925

 International Trade Administration 42 ...... 42 225 ...... 225 234 ...... 234

 National Oceanic and Atmospheric Administration 555 2 552 3,163 11 3,152 3,013 4 3,009

 National Institute of Standards and Technology 120 ...... 120 687 ...... 687 624 ...... 624

 National Telecommunications and Information Administration 75 (**) 75 237 (**) 237 1,036 (**) 1,036

 Other -16 8 -24 280 35 245 88 26 61

 Proprietary Receipts from the Public ...... 1 -1 ...... 9 -9 ...... -12 12

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

 Offsetting Governmental Receipts ...... 1 -1 ...... 2 -2 ...... 1 -1

 Total--Department of Commerce 991 12 979 5,809 58 5,751 6,353 19 6,334

Department of Defense--Military Programs:

 Military Personnel:

 Department of the Army 6,958 ...... 6,958 34,595 ...... 34,595 33,342 ...... 33,342

 Department of the Navy 6,306 ...... 6,306 30,321 ...... 30,321 28,994 ...... 28,994

 Department of the Air Force 5,468 ...... 5,468 23,683 ...... 23,683 22,036 ...... 22,036

 Defense Agencies ...... ...... ...... 10,612 ...... 10,612 10,569 ...... 10,569

 Total--Military Personnel 18,732 ...... 18,732 99,211 ...... 99,211 94,941 ...... 94,941

 Operation and Maintenance:

 Department of the Army 6,772 ...... 6,772 34,226 ...... 34,226 32,017 ...... 32,017

 Department of the Navy 7,289 ...... 7,289 36,267 ...... 36,267 32,896 ...... 32,896

 Department of the Air Force 6,772 ...... 6,772 34,382 ...... 34,382 31,556 ...... 31,556

 Defense Agencies 10,952 ...... 10,952 46,333 4 46,330 41,343 ...... 41,343

 Total--Operation and Maintenance 31,784 ...... 31,784 151,209 4 151,205 137,812 ...... 137,812

 Procurement:

 Department of the Army 2,080 ...... 2,080 12,121 ...... 12,121 11,908 ...... 11,908

 Department of the Navy 6,030 ...... 6,030 30,108 ...... 30,108 28,930 ...... 28,930

 Department of the Air Force 4,323 ...... 4,323 23,231 ...... 23,231 24,253 ...... 24,253

 Defense Agencies 672 ...... 672 3,683 ...... 3,683 3,702 ...... 3,702

 Total--Procurement 13,105 ...... 13,105 69,143 ...... 69,143 68,793 ...... 68,793

 Research, Development, Test, and Evaluation:

 Department of the Army 1,494 ...... 1,494 6,250 ...... 6,250 9,359 ...... 9,359

 Department of the Navy 2,898 ...... 2,898 11,126 ...... 11,126 9,780 ...... 9,780

 Department of the Air Force 6,047 ...... 6,047 26,247 ...... 26,247 21,886 ...... 21,886

 Defense Agencies 3,267 ...... 3,267 14,772 ...... 14,772 12,340 ...... 12,340

 Total--Research, Development, Test, and Evaluation 13,707 ...... 13,707 58,395 ...... 58,395 53,365 ...... 53,365

 Military Construction:

 Department of the Army 236 ...... 236 1,004 ...... 1,004 990 ...... 990

 Department of the Navy 382 ...... 382 1,876 ...... 1,876 1,630 ...... 1,630

 Department of the Air Force 239 ...... 239 1,168 ...... 1,168 843 ...... 843

 Defense Agencies 216 ...... 216 1,249 ...... 1,249 1,235 ...... 1,235

 Total--Military Construction 1,073 ...... 1,073 5,297 ...... 5,297 4,698 ...... 4,698

 Family Housing:

 Department of the Army 47 ...... 47 218 ...... 218 249 ...... 249

 Department of the Navy 38 ...... 38 201 ...... 201 219 ...... 219

 Department of the Air Force 58 ...... 58 237 ...... 237 164 ...... 164

 Defense Agencies 3 ...... 3 20 ...... 20 40 ...... 40

 Revolving and Management Funds:

 Department of the Navy 1 ...... 1 13 ...... 13 41 ...... 41

 Defense Agencies:

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, March 2023 and Other Periods - Continued

[$ millions]

Department of Defense--Military Programs: - Continued

 Working Capital Fund 879 ...... 879 2,433 ...... 2,433 -1,449 ...... -1,449

 Other 48 ...... 48 65 ...... 65 -58 ...... -58

 Trust Funds:

 Department of the Army 1 ...... 1 8 ...... 8 -3 ...... -3

 Department of the Navy 2 ...... 2 14 ...... 14 16 ...... 16

 Department of the Air Force 1 ...... 1 4 ...... 4 2 ...... 2

 Defense Agencies 54 ...... 54 207 ...... 207 233 ...... 233

 Proprietary Receipts from the Public:

 Department of the Army ...... -139 139 ...... -81 81 ...... 82 -82

 Department of the Navy ...... 5 -5 ...... 54 -54 ...... 76 -76

 Department of the Air Force ...... 12 -12 ...... 71 -71 ...... 40 -40

 Defense Agencies ...... 267 -267 ...... 518 -518 ...... 395 -395

 Intrabudgetary Transactions:

 Department of the Army -2 ...... -2 -23 ...... -23 -5 ...... -5

 Department of the Navy -3 ...... -3 -39 ...... -39 -44 ...... -44

 Department of the Air Force -10 ...... -10 228 ...... 228 -11 ...... -11

 Defense Agencies 6 ...... 6 -19 ...... -19 -10 ...... -10

 Offsetting Governmental Receipts:

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

 Defense Agencies ...... ...... ...... ...... 1 -1 ...... ...... ......

 Total--Department of Defense--Military Programs 79,526 145 79,381 386,823 567 386,255 358,992 594 358,398

Department of Education:

 Office of Elementary and Secondary Education:

 Accelerating Achievement and Ensuring Equity 1,390 ...... 1,390 8,982 ...... 8,982 7,791 ...... 7,791

 Impact Aid 540 ...... 540 1,182 ...... 1,182 644 ...... 644

 Education Improvement Programs 432 ...... 432 2,788 ...... 2,788 2,482 ...... 2,482

 Other 5,151 ...... 5,151 33,677 ...... 33,677 40,467 ...... 40,467

 Total--Office of Elementary and Secondary Education 7,512 ...... 7,512 46,629 ...... 46,629 51,385 ...... 51,385

 Office of Innovation and Improvement 42 ...... 42 451 ...... 451 404 ...... 404

 Office of English Language Acquisition 100 ...... 100 447 ...... 447 393 ...... 393

 Office of Special Education and Rehabilitative Services:

 Special Education 1,378 ...... 1,378 7,637 ...... 7,637 6,932 ...... 6,932

 Rehabilitation Services and Disability Research 320 ...... 320 1,725 ...... 1,725 1,545 ...... 1,545

 Special Institutions for Persons with Disabilities 32 ...... 32 152 ...... 152 137 ...... 137

 Office of Vocational and Adult Education 174 ...... 174 987 ...... 987 898 ...... 898

 Office of Postsecondary Education:

 Higher Education 226 ...... 226 1,359 ...... 1,359 1,148 ...... 1,148

 Other 1 ...... 1 144 (**) 144 110 1 109

 Total--Office of Postsecondary Education 226 ...... 226 1,503 (**) 1,503 1,259 1 1,257

 Office of Federal Student Aid:

 Student Financial Assistance 2,169 ...... 2,169 15,608 ...... 15,608 14,923 ...... 14,923

 Student Aid Administration 226 ...... 226 1,049 ...... 1,049 969 ...... 969

 Federal Direct Student Loans 23,154 ...... 23,154 46,377 ...... 46,377 2,861 ...... 2,861

 Federal Family Education Loans 2,625 ...... 2,625 2,639 ...... 2,639 770 ...... 770

 Other 13 (**) 13 26 1 25 20 1 19

 Total--Office of Federal Student Aid 28,187 (**) 28,187 65,699 1 65,698 19,543 1 19,542

 Institute of Education Sciences 66 ...... 66 332 ...... 332 285 ...... 285

 Departmental Management 55 ...... 55 330 ...... 330 318 ...... 318

 Other 1 ...... 1 23 ...... 23 54 ...... 54

 Proprietary Receipts from the Public ...... 17 -17 ...... 1,761 -1,761 ...... 12,657 -12,657

 Intrabudgetary Transactions 1 ...... 1 10 ...... 10 2 ...... 2

 Total--Department of Education 38,095 18 38,077 125,925 1,762 124,162 83,153 12,660 70,493

Department of Energy:

 National Nuclear Security Administration:

 Naval Reactors 142 ...... 142 719 ...... 719 709 ...... 709

 Weapons Activities 1,453 ...... 1,453 8,245 ...... 8,245 6,825 ...... 6,825

 Defense Nuclear Nonproliferation 279 ...... 279 1,158 ...... 1,158 1,046 ...... 1,046

 Other 41 ...... 41 242 ...... 242 224 ...... 224

 Environmental and Other Defense Activities:

 Defense Environmental Cleanup 561 ...... 561 3,293 ...... 3,293 2,949 ...... 2,949

 Other Defense Activities 123 ...... 123 503 ...... 503 457 ...... 457

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

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, March 2023 and Other Periods - Continued

[$ millions]

Department of Energy: - Continued

 Energy Programs:

 Science 672 ...... 672 3,824 ...... 3,824 3,452 ...... 3,452

 Energy Supply 195 ...... 195 1,147 ...... 1,147 1,007 ...... 1,007

 Energy Efficiency and Renewable Energy 252 ...... 252 1,294 ...... 1,294 1,141 ...... 1,141

 Fossil Energy Research and Development 62 ...... 62 371 ...... 371 369 ...... 369

 Uranium Enrichment Decontamination and Decommissioning

 Fund 121 ...... 121 474 ...... 474 413 ...... 413

 Advanced Technology Vehicles Manufacturing Loan Program 1 ...... 1 39 ...... 39 4 ...... 4

 Title 17 Innovative Technology Loan Guarantee Program 7 ...... 7 23 ...... 23 20 ...... 20

 Other 170 71 99 -5,134 132 -5,267 763 70 693

 Total--Energy Programs 1,482 71 1,411 2,036 132 1,904 7,169 70 7,099

 Power Marketing Administration 455 435 20 2,696 2,476 220 2,102 2,198 -96

 Departmental Administration 19 ...... 19 222 ...... 222 174 ...... 174

 Proprietary Receipts from the Public ...... 121 -121 ...... 441 -441 ...... 2,756 -2,756

 Intrabudgetary Transactions -131 ...... -131 -819 ...... -819 -813 ...... -813

 Total--Department of Energy 4,423 626 3,797 18,294 3,049 15,245 20,842 5,025 15,817

Department of Health and Human Services:

 Food and Drug Administration 598 1 597 1,024 4 1,020 1,765 5 1,760

 Health Resources and Services Administration 1,664 ...... 1,664 8,256 ...... 8,256 7,947 ...... 7,947

 Indian Health Service 392 ...... 392 4,987 ...... 4,987 4,494 ...... 4,494

 Centers for Disease Control and Prevention 1,020 ...... 1,020 5,833 ...... 5,833 7,829 ...... 7,829

 National Institutes of Health 4,009 ...... 4,009 22,527 ...... 22,527 20,303 ...... 20,303

 Substance Abuse and Mental Health Services Administration 777 ...... 777 3,916 ...... 3,916 3,452 ...... 3,452

 Agency for Healthcare Research and Quality 40 ...... 40 168 ...... 168 165 ...... 165

 Centers for Medicare and Medicaid Services:

 Grants to States for Medicaid 64,442 ...... 64,442 309,767 ...... 309,767 287,761 ...... 287,761

 Payments to Health Care Trust Funds 36,649 ...... 36,649 230,774 ...... 230,774 220,341 ...... 220,341

 Children's Health Insurance Fund 2,028 ...... 2,028 8,699 ...... 8,699 8,362 ...... 8,362

 State Grants and Demonstrations 38 ...... 38 229 ...... 229 171 ...... 171

 Federal Hospital Insurance Trust Fund:

 Benefit Payments 50,290 ...... 50,290 196,809 ...... 196,809 181,366 ...... 181,366

 Administrative Expenses 341 ...... 341 1,909 ...... 1,909 1,544 ...... 1,544

 Total--Federal Hospital Insurance Trust Fund 50,631 ...... 50,631 198,719 ...... 198,719 182,910 ...... 182,910

 Health Care Fraud and Abuse Control 283 ...... 283 1,077 ...... 1,077 1,069 ...... 1,069

 Federal Supplementary Medical Insurance Trust Fund:

 Benefit Payments 62,912 ...... 62,912 235,472 ...... 235,472 213,256 ...... 213,256

 Administrative Expenses 362 ...... 362 2,084 ...... 2,084 2,030 ...... 2,030

 Medicare Prescription Drugs:

 Benefit Payments 17,158 ...... 17,158 58,819 ...... 58,819 53,608 ...... 53,608

 Total--Federal Supplementary Medical Insurance Trust

 Fund 80,432 ...... 80,432 296,375 ...... 296,375 268,894 ...... 268,894

 Other 229 ...... 229 6,300 ...... 6,300 3,772 ...... 3,772

 Total--Centers for Medicare and Medicaid Services 234,731 ...... 234,731 1,051,939 ...... 1,051,939 973,280 ...... 973,280

 Administration for Children and Families:

 Temporary Assistance for Needy Families 1,636 ...... 1,636 8,433 ...... 8,433 7,474 ...... 7,474

 Contingency Fund 148 ...... 148 280 ...... 280 240 ...... 240

 Payments to States for Child Support Enforcement and

 Family Support Programs 372 ...... 372 1,953 ...... 1,953 1,751 ...... 1,751

 Low Income Home Energy Assistance 544 ...... 544 3,317 ...... 3,317 3,631 ...... 3,631

 Refugee and Entrant Assistance 817 ...... 817 3,797 ...... 3,797 2,569 ...... 2,569

 Child Care Entitlement to States 325 ...... 325 1,604 ...... 1,604 1,430 ...... 1,430

 Payments to States for the Child Care and Development

 Block Grant 1,866 ...... 1,866 10,876 ...... 10,876 11,269 ...... 11,269

 Social Services Block Grant 127 ...... 127 795 ...... 795 646 ...... 646

 Children and Families Services Programs 1,379 ...... 1,379 7,334 ...... 7,334 6,760 ...... 6,760

 Payments to States for Foster Care and Adoption

 Assistance 823 ...... 823 4,787 ...... 4,787 4,654 ...... 4,654

 Other 43 ...... 43 273 ...... 273 280 ...... 280

 Total--Administration for Children and Families 8,080 ...... 8,080 43,450 ...... 43,450 40,704 ...... 40,704

 Administration for Community Living 280 ...... 280 1,442 ...... 1,442 1,245 ...... 1,245

 Departmental Management 2,209 ...... 2,209 22,704 ...... 22,704 59,761 ...... 59,761

 Other 69 ...... 69 611 ...... 611 499 ...... 499

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, March 2023 and Other Periods - Continued

[$ millions]

Department of Health and Human Services: - Continued

 Proprietary Receipts from the Public ...... 16,212 -16,212 ...... 91,608 -91,608 ...... 106,093 -106,093

 Intrabudgetary Transactions:

 Payments for Health Insurance for the Aged:

 Federal Supplementary Medical Insurance Trust Fund -36,648 ...... -36,648 -223,809 ...... -223,809 -213,837 ...... -213,837

 Payments for Tax and Other Credits:

 Federal Hospital Insurance Trust Fund -5 ...... -5 -6,969 ...... -6,969 -6,513 ...... -6,513

 Other -36 ...... -36 -1,210 ...... -1,210 -1,115 ...... -1,115

 Total--Department of Health and Human Services 217,179 16,213 200,966 934,869 91,612 843,257 899,978 106,098 793,880

Department of Homeland Security:

 Departmental Management and Operations 212 ...... 212 1,122 ...... 1,122 1,026 ...... 1,026

 Citizenship and Immigration Services 374 ...... 374 2,436 ...... 2,436 2,111 ...... 2,111

 United States Secret Service 203 ...... 203 1,334 ...... 1,334 1,285 ...... 1,285

 Transportation Security Administration 826 ...... 826 3,997 ...... 3,997 3,648 ...... 3,648

 Immigration and Customs Enforcement 762 ...... 762 4,591 ...... 4,591 4,395 ...... 4,395

 U.S. Customs and Border Protection 1,623 4 1,618 9,616 19 9,597 8,810 12 8,798

 United States Coast Guard 1,222 ...... 1,222 5,132 ...... 5,132 4,154 ...... 4,154

 National Protection and Programs Directorate 226 ...... 226 1,286 ...... 1,286 950 ...... 950

 Federal Emergency Management Agency:

 State and Local Programs ...... ...... ...... ...... ...... ...... 4 ...... 4

 Firefighter Assistance Grants ...... ...... ...... ...... ...... ...... 8 ...... 8

 Disaster Relief 3,386 ...... 3,386 16,454 ...... 16,454 17,051 ...... 17,051

 National Flood Insurance Fund 614 151 463 4,139 553 3,586 1,479 707 772

 Other 107 ...... 107 646 ...... 646 612 ...... 612

 Total--Federal Emergency Management Agency 4,106 151 3,955 21,239 553 20,686 19,153 707 18,447

 Science and Technology 72 ...... 72 391 ...... 391 367 ...... 367

 Domestic Nuclear Detection Office 44 ...... 44 214 ...... 214 184 ...... 184

 Other 55 ...... 55 276 ...... 276 292 ...... 292

 Proprietary Receipts from the Public ...... 66 -66 ...... 349 -349 ...... 148 -148

 Intrabudgetary Transactions 33 ...... 33 978 ...... 978 1,500 ...... 1,500

 Offsetting Governmental Receipts ...... 1,243 -1,243 ...... 6,808 -6,808 ...... 6,409 -6,409

 Total--Department of Homeland Security 9,758 1,464 8,295 52,613 7,730 44,883 47,876 7,276 40,600

Department of Housing and Urban Development:

 Public and Indian Housing Programs:

 Tenant Based Rental Assistance 2,388 ...... 2,388 14,034 ...... 14,034 12,871 ...... 12,871

 Housing Certificate Fund 2 ...... 2 3 ...... 3 7 ...... 7

 Public Housing Capital Fund 95 ...... 95 551 ...... 551 865 ...... 865

 Public Housing Operating Fund 463 ...... 463 3,418 ...... 3,418 3,005 ...... 3,005

 Revitalization of Severely Distressed Public Housing

 (Hope VI) ...... ...... ...... 1 ...... 1 -2 ...... -2

 Native American Housing Block Grant 128 ...... 128 464 ...... 464 318 ...... 318

 Other 12 ...... 12 94 ...... 94 90 ...... 90

 Total--Public and Indian Housing Programs 3,088 ...... 3,088 18,563 ...... 18,563 17,154 ...... 17,154

 Community Planning and Development:

 Housing Opportunities for Persons with AIDS 43 ...... 43 170 ...... 170 159 ...... 159

 Community Development Fund 838 ...... 838 4,118 ...... 4,118 3,711 ...... 3,711

 Home Investment Partnership Program 94 ...... 94 466 ...... 466 399 ...... 399

 Neighborhood Stabilization Program (**) ...... (**) 2 ...... 2 6 ...... 6

 Homeless Assistance Grants 308 ...... 308 1,728 ...... 1,728 1,962 ...... 1,962

 Other 36 ...... 36 163 ...... 163 120 ...... 120

 Total--Community Planning and Development 1,319 ...... 1,319 6,647 ...... 6,647 6,356 ...... 6,356

 Housing Programs:

 Credit Accounts:

 FHA-Mutual Mortgage Insurance Fund, Program Account 18 ...... 18 80 ...... 80 68 ...... 68

 FHA-Mutual Mortgage Insurance Capital Reserve Account -484 ...... -484 -4,176 ...... -4,176 -4,864 ...... -4,864

 FHA-Mutual Mortgage and Cooperative Housing Insurance

 Fund, Liquidating Account (**) -4 4 1 2 -1 2 9 -7

 FHA-General and Special Risk Fund, Liquidating Account 11 21 -10 40 79 -40 49 171 -122

 Housing for the Elderly or Handicapped Fund,

 Liquidating Account (**) 7 -7 1 55 -54 2 65 -62

 HUD Project-Based Rental Assistance 1,206 ...... 1,206 7,136 ...... 7,136 6,919 ...... 6,919

 Housing for the Elderly 67 ...... 67 457 ...... 457 403 ...... 403

 Housing for Persons with Disabilities 19 ...... 19 109 ...... 109 109 ...... 109

 Other Assisted Housing Programs 3 ...... 3 22 ...... 22 26 ...... 26

 Other 5 3 2 29 15 14 19 7 12

 Total--Housing Programs 845 27 818 3,698 151 3,547 2,733 252 2,481

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, March 2023 and Other Periods - Continued

[$ millions]

Department of Housing and Urban Development: - Continued

 Government National Mortgage Association:

 Guarantees of Mortgage-Backed Securities -40 1 -40 -248 3 -251 43 (**) 43

 Management and Administration 170 ...... 170 1,036 ...... 1,036 1,009 ...... 1,009

 Other 26 ...... 26 171 ...... 171 108 ...... 108

 Proprietary Receipts from the Public:

 FHA-General and Special Risk Fund ...... 22 -22 ...... 176 -176 ...... 342 -342

 Other ...... (**) (**) ...... 356 -356 ...... 743 -743

 Intrabudgetary Transactions (**) ...... (**) -3 ...... -3 -1 ...... -1

 Offsetting Governmental Receipts ...... 1 -1 ...... 7 -7 ...... 9 -9

 Total--Department of Housing and Urban Development 5,407 51 5,356 29,865 692 29,173 27,401 1,346 26,056

Department of the Interior:

 Land and Minerals Management:

 Bureau of Land Management:

 Management of Lands and Resources 122 ...... 122 639 ...... 639 593 ...... 593

 Other 23 9 14 209 41 168 188 27 161

 Bureau of Ocean Energy Management 16 ...... 16 80 ...... 80 75 ...... 75

 Office of Surface Mining Reclamation and Enforcement 25 ...... 25 538 ...... 538 562 ...... 562

 Total--Land and Minerals Management 186 9 177 1,465 41 1,424 1,418 27 1,391

 Water and Science:

 Bureau of Reclamation:

 Water and Related Resources 100 ...... 100 778 ...... 778 525 ...... 525

 Other 71 23 47 313 134 178 232 126 106

 Central Utah Project 5 ...... 5 14 ...... 14 14 ...... 14

 United States Geological Survey 135 ...... 135 758 ...... 758 635 ...... 635

 Total--Water and Science 311 23 288 1,863 134 1,728 1,406 126 1,280

 Fish and Wildlife and Parks:

 United States Fish and Wildlife Service 295 ...... 295 1,770 ...... 1,770 1,618 ...... 1,618

 National Park Service 351 (**) 351 1,925 1 1,924 1,781 1 1,780

 Total--Fish and Wildlife and Parks 646 (**) 646 3,695 1 3,694 3,399 1 3,398

 Indian Affairs:

 Bureau of Indian Affairs and Bureau of Indian Education 343 (**) 343 1,357 (**) 1,357 1,365 (**) 1,365

 Total--Indian Affairs 343 (**) 343 1,357 (**) 1,357 1,365 (**) 1,365

 Departmental Offices:

 Mineral Leasing and Associated Payments 467 ...... 467 2,556 ...... 2,556 1,714 ...... 1,714

 Other 376 ...... 376 513 ...... 513 154 ...... 154

 Insular Affairs 49 ...... 49 199 ...... 199 190 ...... 190

 Office of the Special Trustee for American Indians 10 ...... 10 55 ...... 55 52 ...... 52

 Department-Wide Programs -17 ...... -17 1,183 ...... 1,183 934 ...... 934

 Total--Departmental Offices 885 ...... 885 4,507 ...... 4,507 3,044 ...... 3,044

 Other 169 ...... 169 1,005 ...... 1,005 747 ...... 747

 Proprietary Receipts from the Public ...... 1,289 -1,289 ...... 6,023 -6,023 ...... 4,452 -4,452

 Intrabudgetary Transactions -52 2 -54 -448 4 -451 -133 (**) -133

 Total--Department of the Interior 2,488 1,323 1,165 13,443 6,203 7,240 11,247 4,605 6,642

Department of Justice:

 General Administration -20 ...... -20 808 ...... 808 820 ...... 820

 Legal Activities and U.S. Marshals:

 General Legal Activities 304 ...... 304 1,539 ...... 1,539 1,180 ...... 1,180

 United States Attorneys 250 ...... 250 1,191 ...... 1,191 1,037 ...... 1,037

 United States Marshals Service 130 ...... 130 776 ...... 776 750 ...... 750

 Assets Forfeiture Fund 149 ...... 149 697 ...... 697 473 ...... 473

 Other 277 ...... 277 1,435 ...... 1,435 1,315 ...... 1,315

 Federal Bureau of Investigation 892 ...... 892 5,184 ...... 5,184 4,938 ...... 4,938

 Drug Enforcement Administration 239 ...... 239 1,408 ...... 1,408 1,378 ...... 1,378

 Bureau of Alcohol, Tobacco, Firearms, and Explosives 128 ...... 128 762 ...... 762 709 ...... 709

 Federal Prison System 726 31 696 4,120 190 3,930 3,583 17 3,566

 Office of Justice Programs:

 State and Local Law Enforcement Assistance 224 ...... 224 1,123 ...... 1,123 617 ...... 617

 Community Oriented Policing Services 20 ...... 20 150 ...... 150 102 ...... 102

 Crime Victims Fund 205 ...... 205 1,166 ...... 1,166 1,380 ...... 1,380

 Other -20 ...... -20 409 ...... 409 506 ...... 506

 Other 51 ...... 51 392 ...... 392 417 ...... 417

 Proprietary Receipts from the Public ...... 21 -21 ...... 84 -84 ...... 73 -73

 Intrabudgetary Transactions -5 ...... -5 -35 ...... -35 201 ...... 201

 Offsetting Governmental Receipts ...... 56 -56 ...... 376 -376 ...... 370 -370

 Total--Department of Justice 3,548 108 3,440 21,125 650 20,475 19,405 460 18,945

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, March 2023 and Other Periods - Continued

[$ millions]

Department of Labor:

 Employment and Training Administration:

 Training and Employment Services 332 ...... 332 1,742 ...... 1,742 1,656 ...... 1,656

 Office of Job Corps 164 ...... 164 867 ...... 867 809 ...... 809

 Community Service Employment for Older Americans 41 ...... 41 189 ...... 189 192 ...... 192

 Federal Unemployment Benefits and Allowances 26 ...... 26 100 ...... 100 122 ...... 122

 Federal Additional Unemployment Compensation

 Program-Recovery Act 18 ...... 18 145 ...... 145 3,687 ...... 3,687

 State Unemployment Insurance and Employment Service

 Operations 195 ...... 195 221 ...... 221 64 ...... 64

 Payments to the Unemployment Trust Fund ...... ...... ...... 275 ...... 275 850 ...... 850

 Program Administration 2 ...... 2 48 ...... 48 60 ...... 60

 Unemployment Trust Fund:

 Federal-State Unemployment Insurance:

 State Unemployment Benefits 3,072 ...... 3,072 14,752 ...... 14,752 15,993 ...... 15,993

 State Administrative Expenses 202 ...... 202 2,041 ...... 2,041 2,843 ...... 2,843

 Federal Administrative Expenses 23 ...... 23 254 ...... 254 221 ...... 221

 Other (**) ...... (**) 78 ...... 78 66 ...... 66

 Total--Unemployment Trust Fund 3,297 ...... 3,297 17,125 ...... 17,125 19,123 ...... 19,123

 Other -2 ...... -2 -11 ...... -11 202 ...... 202

 Total--Employment and Training Administration 4,073 ...... 4,073 20,702 ...... 20,702 26,767 ...... 26,767

 Pension Benefit Guaranty Corporation 633 111 521 41,838 4,871 36,967 4,715 5,367 -653

 Office of Workers' Compensation Programs:

 Special Benefits 174 ...... 174 -731 ...... -731 138 ...... 138

 Energy Employees Occupational Illness Compensation Fund 197 ...... 197 981 ...... 981 843 ...... 843

 Special Benefits for Disabled Coal Miners 4 ...... 4 22 ...... 22 24 ...... 24

 Black Lung Disability Trust Fund 17 ...... 17 95 ...... 95 94 ...... 94

 Other 37 ...... 37 178 ...... 178 177 ...... 177

 Wage and Hour Division 34 ...... 34 156 ...... 156 148 ...... 148

 Occupational Safety and Health Administration 56 ...... 56 318 ...... 318 286 ...... 286

 Mine Safety and Health Administration 35 ...... 35 186 ...... 186 167 ...... 167

 Bureau of Labor Statistics 60 ...... 60 293 ...... 293 295 ...... 295

 Departmental Management 48 ...... 48 416 ...... 416 290 ...... 290

 Other 37 ...... 37 160 ...... 160 155 ...... 155

 Proprietary Receipts from the Public ...... 1 -1 ...... 3 -3 ...... 3 -3

 Intrabudgetary Transactions -14 ...... -14 -408 ...... -408 -164 ...... -164

 Total--Department of Labor 5,393 112 5,281 64,207 4,874 59,333 33,935 5,370 28,564

Department of State:

 Administration of Foreign Affairs:

 Diplomatic and Consular Programs 585 ...... 585 4,484 ...... 4,484 3,877 ...... 3,877

 Educational and Cultural Exchange Programs 66 ...... 66 393 ...... 393 321 ...... 321

 Embassy Security, Construction, and Maintenance -211 ...... -211 599 ...... 599 1,146 ...... 1,146

 Payment to Foreign Service Retirement and Disability

 Fund 122 ...... 122 159 ...... 159 84 ...... 84

 Foreign Service Retirement and Disability Fund 97 ...... 97 561 ...... 561 525 ...... 525

 Other 653 ...... 653 3,123 ...... 3,123 3,242 ...... 3,242

 Total--Administration of Foreign Affairs 1,314 ...... 1,314 9,320 ...... 9,320 9,195 ...... 9,195

 International Organizations and Conferences 66 ...... 66 1,516 ...... 1,516 1,964 ...... 1,964

 Global Health and Child Survival 540 ...... 540 3,709 ...... 3,709 4,412 ...... 4,412

 Migration and Refugee Assistance 297 ...... 297 1,514 ...... 1,514 1,417 ...... 1,417

 International Narcotics Control and Law Enforcement 105 ...... 105 615 ...... 615 509 ...... 509

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

 Other 90 ...... 90 409 ...... 409 343 ...... 343

 Proprietary Receipts from the Public ...... 538 -538 ...... 2,579 -2,579 ...... 1,643 -1,643

 Intrabudgetary Transactions 66 ...... 66 -59 ...... -59 -541 ...... -541

 Total--Department of State 2,478 538 1,940 17,024 2,579 14,445 17,300 1,643 15,656

Department of Transportation:

 Office of the Secretary -48 ...... -48 672 ...... 672 857 ...... 857

 Federal Aviation Administration:

 Operations 1,093 ...... 1,093 1,783 ...... 1,783 -304 ...... -304

 Airport and Airway Trust Fund:

 Grants-In-Aid for Airports 285 ...... 285 2,292 ...... 2,292 3,172 ...... 3,172

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, March 2023 and Other Periods - Continued

[$ millions]

Department of Transportation: - Continued

 Facilities and Equipment 274 ...... 274 1,482 ...... 1,482 1,494 ...... 1,494

 Research, Engineering, and Development 20 ...... 20 94 ...... 94 93 ...... 93

 Trust Fund Share of FAA Operations ...... ...... ...... 4,100 ...... 4,100 5,816 ...... 5,816

 Total--Airport and Airway Trust Fund 578 ...... 578 7,968 ...... 7,968 10,575 ...... 10,575

 Other 167 ...... 167 2,046 22 2,024 1,370 14 1,356

 Total--Federal Aviation Administration 1,839 ...... 1,839 11,797 22 11,775 11,640 14 11,626

 Federal Highway Administration:

 Highway Trust Fund:

 Federal-Aid Highways 3,155 ...... 3,155 19,913 ...... 19,913 17,841 ...... 17,841

 Other 1 ...... 1 3 ...... 3 29 ...... 29

 Other Programs 418 ...... 418 2,440 ...... 2,440 120,532 ...... 120,532

 Total--Federal Highway Administration 3,574 ...... 3,574 22,357 ...... 22,357 138,401 ...... 138,401

 Federal Motor Carrier Safety Administration 97 ...... 97 422 ...... 422 296 ...... 296

 National Highway Traffic Safety Administration 82 ...... 82 637 ...... 637 559 ...... 559

 Federal Railroad Administration:

 Capital and Debt Service Grants to the National Railroad

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

 Other 196 ...... 196 1,235 ...... 1,235 980 ...... 980

 Total--Federal Railroad Administration 196 ...... 196 1,235 ...... 1,235 980 ...... 980

 Federal Transit Administration:

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

 Capital Investment Grants 214 ...... 214 849 ...... 849 788 ...... 788

 Transit Formula Grants 721 ...... 721 4,297 ...... 4,297 3,181 ...... 3,181

 Other 856 ...... 856 5,664 ...... 5,664 14,995 ...... 14,995

 Total--Federal Transit Administration 1,792 ...... 1,792 10,810 ...... 10,810 18,963 ...... 18,963

 Maritime Administration -149 (**) -149 105 5 100 290 2 287

 Other 55 10 45 273 18 255 216 15 200

 Proprietary Receipts from the Public ...... 11 -11 ...... 331 -331 ...... 59 -59

 Intrabudgetary Transactions:

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

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

 Offsetting Governmental Receipts ...... 1 -1 ...... 2 -2 ...... 1 -1

 Total--Department of Transportation 7,436 22 7,414 48,305 378 47,927 54,201 93 54,108

Department of the Treasury:

 Departmental Offices:

 Exchange Stabilization Fund 3 63 -60 3 476 -473 26 24 2

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

 Troubled Asset Relief Program 22 ...... 22 113 ...... 113 52 ...... 52

 ESF - Economic Stabilization Program 23 ...... 23 974 ...... 974 4 ...... 4

 Air Carrier Worker Support 3 ...... 3 (**) ...... (**) 23 ...... 23

 Coronavirus Relief Fund 20 ...... 20 848 ...... 848 2,436 ...... 2,436

 Emergency Capital Investment Program 4 ...... 4 138 ...... 138 75 ...... 75

 Emergency Rental Assistance 24 ...... 24 2,464 ...... 2,464 5,041 ...... 5,041

 Transportation Services 5 ...... 5 -22 ...... -22 685 ...... 685

 Other 248 ...... 248 2,748 ...... 2,748 8,988 ...... 8,988

 Bureau of the Fiscal Service:

 Payment to the Resolution Funding Corporation ...... ...... ...... 460 ...... 460 460 ...... 460

 Financial Agent Services 88 ...... 88 529 ...... 529 485 ...... 485

 Claims, Judgements, and Relief Acts 202 ...... 202 804 ...... 804 1,384 ...... 1,384

 Other 342 (**) 342 840 (**) 840 1,883 1 1,882

 Total--Bureau of the Fiscal Service 632 (**) 632 2,633 (**) 2,633 4,211 1 4,211

 Federal Financing Bank -319 ...... -319 -952 ...... -952 -874 ...... -874

 Alcohol and Tobacco Tax and Trade Bureau:

 Salaries and Expenses 13 ...... 13 67 ...... 67 63 ...... 63

 Internal Revenue Collections for Puerto Rico 32 ...... 32 179 ...... 179 237 ...... 237

 Bureau of Engraving and Printing 24 ...... 24 -4 ...... -4 -47 ...... -47

 United States Mint 550 696 -146 2,333 2,401 -68 2,419 2,968 -549

 Internal Revenue Service:

 Taxpayer Services 298 ...... 298 1,896 ...... 1,896 1,501 ...... 1,501

 Enforcement 406 ...... 406 2,630 ...... 2,630 2,578 ...... 2,578

 Operations Support 402 ...... 402 2,539 ...... 2,539 2,566 ...... 2,566

 Build America Bond Payments, Recovery Act 252 ...... 252 1,298 ...... 1,298 1,265 ...... 1,265

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, March 2023 and Other Periods - Continued

[$ millions]

Department of the Treasury: - Continued

 Refundable Premium Tax Credits and Cost Sharing

 Reductions 6,629 ...... 6,629 39,361 ...... 39,361 40,823 ...... 40,823

 Payment Where Earned Income Credit Exceeds Liability for

 Tax 12,408 ...... 12,408 44,316 ...... 44,316 46,111 ...... 46,111

 Payment Where Child Tax Credit Exceeds Liability for Tax 5,883 ...... 5,883 23,472 ...... 23,472 104,878 ...... 104,878

 Payment Where American Opportunity Tax Credit Exceeds

 Liability for Tax 721 ...... 721 1,768 ...... 1,768 2,186 ...... 2,186

 Refunding Internal Revenue Collections, Interest 780 ...... 780 3,808 ...... 3,808 1,278 ...... 1,278

 Other 15,586 ...... 5,586 2 30,642 1 30,640 25,814 2 25,812

 Total--Internal Revenue Service 33,366 ...... 33,366 151,730 1 151,728 229,000 2 228,998

 Comptroller of the Currency 90 554 -464 588 581 7 578 620 -42

 Interest on the Public Debt:

 Interest on Treasury Debt Securities (Gross):

 Public Issues (Accrual Basis) 65,541 ...... 65,541 288,519 ...... 288,519 203,323 ...... 203,323

 Special Issues (Cash Basis) 12,037 ...... 12,037 95,708 ...... 95,708 86,966 ...... 86,966

 Total--Interest on Treasury Debt Securities (Gross) 77,578 ...... 77,578 384,227 ...... 384,227 290,289 ...... 290,289

 Total--Interest on the Public Debt 77,578 ...... 77,578 384,227 ...... 384,227 290,289 ...... 290,289

 Other 9 ...... 9 72 ...... 72 75 ...... 75

 Proprietary Receipts from the Public ...... 1,653 -1,653 ...... 2,793 -2,793 ...... 4,669 -4,669

 Intrabudgetary Transactions -397 ...... -397 -1,074 ...... -1,074 -989 ...... -989

 Total--Department of the Treasury 111,931 2,966 108,965 547,064 6,252 540,813 542,292 8,283 534,009

Department of Veterans Affairs:

 Joint DOD-VA Medical Facility Demonstration Fund 65 ...... 65 278 ...... 278 253 ...... 253

 Veterans Health Administration:

 Veterans Choice Fund, Veterans Health Administration (**) ...... (**) -32 ...... -32 (**) ...... (**)

 Medical Services 8,615 ...... 8,615 47,846 ...... 47,846 44,123 ...... 44,123

 Medical Support and Compliance 932 ...... 932 4,410 ...... 4,410 3,906 ...... 3,906

 Medical Facilities 722 ...... 722 3,636 ...... 3,636 3,474 ...... 3,474

 Other 2,474 34 2,439 3,787 187 3,600 1,051 167 884

 Benefits Programs:

 Public Enterprise Funds:

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

 Other 64 59 5 387 692 -305 414 750 -336

 Compensation and Pensions 24,128 ...... 24,128 71,669 ...... 71,669 62,261 ...... 62,261

 Readjustment Benefits 1,754 ...... 1,754 6,859 ...... 6,859 6,366 ...... 6,366

 Veterans Housing Benefit Program Fund 16 ...... 16 223 ...... 223 27 ...... 27

 Insurance Funds:

 National Service Life 29 ...... 29 182 ...... 182 238 ...... 238

 Veterans Special Life 14 1 13 89 18 71 96 23 74

 Other 47 2 45 133 4 129 81 ...... 81

 Total--Benefits Programs 26,052 61 25,991 79,542 716 78,826 69,482 775 68,707

 Departmental Administration:

 Construction 99 ...... 99 616 ...... 616 630 ...... 630

 Information Technology Systems 441 ...... 441 2,361 ...... 2,361 2,337 ...... 2,337

 General Operating Expenses 510 (**) 510 2,990 (**) 2,990 2,078 (**) 2,078

 Other 591 ...... 591 2,463 ...... 2,463 1,844 ...... 1,844

 Proprietary Receipts from the Public:

 National Service Life ...... 3 -3 ...... 12 -12 ...... 9 -9

 Other ...... 437 -437 ...... 2,104 -2,104 ...... 2,124 -2,124

 Intrabudgetary Transactions -46 ...... -46 -94 ...... -94 -69 ...... -69

 Total--Department of Veterans Affairs 40,457 536 39,920 147,803 3,018 144,785 129,111 3,076 126,035

Corps of Engineers:

 Construction 344 ...... 344 1,663 ...... 1,663 1,458 ...... 1,458

 Operation and Maintenance 435 ...... 435 1,984 ...... 1,984 1,873 ...... 1,873

 Flood Control and Coastal Emergencies 61 ...... 61 241 ...... 241 236 ...... 236

 Rivers and Harbors Contributed Funds 43 ...... 43 195 ...... 195 224 ...... 224

 Other 38 ...... 38 952 ...... 952 949 ...... 949

 Proprietary Receipts from the Public ...... 29 -29 ...... 454 -454 ...... 302 -302

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

 Total--Corps of Engineers 921 29 892 5,036 454 4,582 4,740 302 4,438

Other Defense Civil Programs:

 Military Retirement:

19
This Month

Outlays Gross

Outlays

Applicable

Receipts Outlays

Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross

Outlays

Applicable

Receipts Outlays GrossOutlays

Applicable

Receipts

Table 5. Outlays of the U.S. Government, March 2023 and Other Periods - Continued

[$ millions]

Other Defense Civil Programs: - Continued

 Payment to Military Retirement Fund ...... ...... ...... 120,438 ...... 120,438 114,463 ...... 114,463

 Military Retirement Fund 12,072 ...... 12,072 36,740 ...... 36,740 32,640 ...... 32,640

 Retiree Health Care:

 Payment to Department of Defense Medicare-Eligible

 Retiree Health Care Fund ...... ...... ...... 9,981 ...... 9,981 7,503 ...... 7,503

 Department of Defense Medicare-Eligible Retiree Health

 Care Fund 866 ...... 866 5,893 ...... 5,893 5,648 ...... 5,648

 Educational Benefits 18 ...... 18 94 ...... 94 89 ...... 89

 Other 28 ...... 28 243 ...... 243 144 ...... 144

 Proprietary Receipts from the Public ...... (**) (**) ...... 13 -13 ...... 18 -18

 Intrabudgetary Transactions -2,170 ...... -2,170 -137,537 ...... -137,537 -130,457 ...... -130,457

 Total--Other Defense Civil Programs 10,813 (**) 10,813 35,851 13 35,838 30,030 18 30,012

Environmental Protection Agency:

 Science and Technology 94 ...... 94 380 ...... 380 348 ...... 348

 Environmental Programs and Management 398 ...... 398 1,457 ...... 1,457 1,322 ...... 1,322

 State and Tribal Assistance Grants 469 ...... 469 2,306 ...... 2,306 2,411 ...... 2,411

 Payment to the Hazardous Substance Superfund ...... ...... ...... 1,218 ...... 1,218 4,069 ...... 4,069

 Hazardous Substance Superfund 155 ...... 155 790 ...... 790 704 ...... 704

 Other -54 4 -58 68 50 18 106 43 63

 Proprietary Receipts from the Public ...... 31 -31 ...... 165 -165 ...... 133 -133

 Intrabudgetary Transactions -56 ...... -56 -1,213 ...... -1,213 -4,042 ...... -4,042

 Offsetting Governmental Receipts ...... 7 -7 ...... 19 -19 ...... 14 -14

 Total--Environmental Protection Agency 1,005 42 962 5,006 234 4,772 4,917 191 4,727

Executive Office of the President:

 The White House 8 ...... 8 35 ...... 35 33 ...... 33

 Office of Management and Budget 15 ...... 15 59 ...... 59 53 ...... 53

 Unanticipated Needs 6 ...... 6 26 ...... 26 16 ...... 16

 Other 31 ...... 31 138 ...... 138 111 ...... 111

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

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

 Total--Executive Office of the President 58 (**) 58 257 (**) 257 213 (**) 212

General Services Administration:

 Real Property Activities 87 ...... 87 -273 ...... -273 -468 ...... -468

 Supply and Technology Activities 327 ...... 327 79 ...... 79 98 ...... 98

 General Activities -51 ...... -51 86 ...... 86 147 ...... 147

 Proprietary Receipts from the Public ...... -5 5 ...... 71 -71 ...... 119 -119

 Intrabudgetary Transactions -4 ...... -4 -7 ...... -7 -3 ...... -3

 Total--General Services Administration 360 -5 365 -115 71 -186 -227 119 -345

International Assistance Programs:

 Millennium Challenge Corporation 81 ...... 81 335 ...... 335 336 ...... 336

 International Security Assistance:

 Foreign Military Financing Program 197 ...... 197 5,900 ...... 5,900 3,038 ...... 3,038

 Economic Support Fund 2,892 ...... 2,892 12,865 ...... 12,865 4,144 ...... 4,144

 Other 111 ...... 111 639 12 627 444 ...... 444

 Total--International Security Assistance 3,200 ...... 3,200 19,404 12 19,392 7,627 ...... 7,627

 Multilateral Assistance:

 Contribution to the International Development

 Association ...... ...... ...... ...... ...... ...... 300 ...... 300

 Other 419 ...... 419 1,020 ...... 1,020 604 ...... 604

 Total--Multilateral Assistance 419 ...... 419 1,020 ...... 1,020 904 ...... 904

 Agency for International Development:

 Development Assistance Program 256 ...... 256 1,466 ...... 1,466 1,235 ...... 1,235

 Assistance for Europe, Eurasia and Central Asia 106 ...... 106 481 ...... 481 343 ...... 343

 International Disaster Assistance 538 ...... 538 4,727 ...... 4,727 2,235 ...... 2,235

 Operating Expenses 138 ...... 138 801 ...... 801 734 ...... 734

 Other 75 ...... 75 -12 (**) -12 -51 (**) -51

 Proprietary Receipts from the Public ...... 4 -4 ...... 37 -37 ...... 25 -25

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

 Total--Agency for International Development 1,114 4 1,110 7,463 37 7,425 4,497 25 4,472

 Overseas Private Investment Corporation:

 Overseas Private Investment Corporation Accounts 2 ...... 2 3 ...... 3 2 ...... 2

 Total--Overseas Private Investment Corporation 2 ...... 2 3 ...... 3 2 ...... 2

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, March 2023 and Other Periods - Continued

[$ millions]

International Assistance Programs: - Continued

 Peace Corps 33 -1 34 206 -1 206 160 (**) 160

 Proprietary Receipts ...... (**) (**) ...... (**) (**) ...... (**) (**)

 Military Sales Program:

 Foreign Military Sales Trust Fund 3,857 ...... 3,857 18,731 ...... 18,731 17,123 ...... 17,123

 Other 94 18 76 111 87 24 74 37 37

 Proprietary Receipts from the Public ...... 4,616 -4,616 ...... 27,597 -27,597 ...... 18,595 -18,595

 Other 56 23 32 322 217 105 217 207 10

 Total--International Assistance Programs 8,856 4,659 4,197 47,595 27,949 19,646 30,939 18,864 12,075

National Aeronautics and Space Administration:

 Science 703 ...... 703 3,749 ...... 3,749 3,467 ...... 3,467

 Aeronautics 85 ...... 85 392 ...... 392 425 ...... 425

 Exploration 572 ...... 572 3,717 ...... 3,717 3,295 ...... 3,295

 Cross Agency Support 346 ...... 346 1,600 ...... 1,600 1,424 ...... 1,424

 Space Operations 522 ...... 522 2,140 ...... 2,140 1,726 ...... 1,726

 Other 139 ...... 139 854 ...... 854 911 ...... 911

 Proprietary Receipts from the Public ...... (**) (**) ...... 2 -2 ...... 1 -1

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

 Total--National Aeronautics and Space Administration 2,368 (**) 2,368 12,451 2 12,449 11,248 1 11,248

National Science Foundation:

 Research and Related Activities 534 ...... 534 3,112 ...... 3,112 2,871 ...... 2,871

 Education and Human Resources 91 ...... 91 533 ...... 533 449 ...... 449

 Other 68 ...... 68 302 ...... 302 287 ...... 287

 Proprietary Receipts from the Public ...... 1 -1 ...... 12 -12 ...... 8 -8

 Total--National Science Foundation 693 1 692 3,948 12 3,935 3,608 8 3,600

Office of Personnel Management:

 Government Payment for Annuitants, Employees Health and

 Life Insurance Benefits 1,221 ...... 1,221 7,102 ...... 7,102 6,863 ...... 6,863

 Postal Service Retiree Health Benefits Fund 372 ...... 372 2,149 ...... 2,149 2,065 ...... 2,065

 Civil Service Retirement and Disability Fund 8,764 ...... 8,764 51,099 ...... 51,099 47,586 ...... 47,586

 Employees Life Insurance Fund 320 399 -78 1,842 2,640 -798 1,910 2,269 -359

 Employees and Retired Employees Health Benefits Fund 5,589 5,975 -387 32,237 31,260 978 30,446 29,733 713

 Other -20 ...... -20 85 ...... 85 220 ...... 220

 Proprietary Receipts from the Public ...... (**) (**) ...... 3 -3 ...... 1 -1

 Intrabudgetary Transactions:

 Postal Service Contributions ...... ...... ...... -410 ...... -410 -472 ...... -472

 Civil Service Retirement and Disability Fund:

 Other -4 ...... -4 -21 ...... -21 -19 ...... -19

 Total--Office of Personnel Management 16,241 6,374 9,867 94,084 33,902 60,181 88,599 32,002 56,597

Small Business Administration:

 Salaries and Expenses 121 ...... 121 -528 ...... -528 106 ...... 106

 Business Loans Program 8 2 6 212 2 209 258 (**) 258

 Disaster Loans Program 14 (**) 14 1,179 (**) 1,179 11,304 (**) 11,304

 Other 57 2 55 324 13 311 6,645 10 6,635

 Proprietary Receipts from the Public ...... -26 26 ...... 29 -29 ...... 55 -55

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

 Total--Small Business Administration 199 -22 221 1,185 44 1,141 18,313 65 18,247

Social Security Administration:

 Payments to Social Security Trust Funds 25 ...... 25 26,952 ...... 26,952 24,614 ...... 24,614

 Supplemental Security Income Program 10,496 ...... 10,496 31,984 ...... 31,984 29,963 ...... 29,963

 Federal Old-Age and Survivors Insurance Trust Fund

 (Off-Budget):

 Benefit Payments 101,271 ...... 101,271 578,090 ...... 578,090 519,985 ...... 519,985

 Administrative Expenses 405 ...... 405 2,066 ...... 2,066 2,212 ...... 2,212

 Total--Federal Old-Age and Survivors Insurance Trust

 Fund (Off-Budget) 101,675 ...... 101,675 580,156 ...... 580,156 522,198 ...... 522,198

 Federal Disability Insurance Trust Fund (Off-Budget):

 Benefit Payments 12,726 ...... 12,726 73,626 ...... 73,626 70,504 ...... 70,504

 Administrative Expenses 285 ...... 285 1,412 ...... 1,412 1,305 ...... 1,305

 Total--Federal Disability Insurance Trust Fund

 (Off-Budget) 13,011 ...... 13,011 75,037 ...... 75,037 71,809 ...... 71,809

 Other 25 ...... 25 97 ...... 97 88 ...... 88

 Proprietary Receipts from the Public:

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, March 2023 and Other Periods - Continued

[$ millions]

Social Security Administration: - Continued

 On-Budget ...... 229 -229 ...... 1,204 -1,204 ...... 1,115 -1,115

 Off-Budget ...... 2 -2 ...... 12 -12 ...... 11 -11

 Intrabudgetary Transactions:

 Off-Budget 3 -24 ...... -24 -27,133 ...... -27,133 -24,613 ...... -24,613

 Total--Social Security Administration 125,208 231 124,976 687,092 1,217 685,876 624,059 1,126 622,933

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

 United States Agency for Global Media 88 (**) 88 444 (**) 444 363 (**) 363

 Bureau of Consumer Financial Protection 78 ...... 78 407 ...... 407 358 ...... 358

 Corporation for National and Community Service 97 (**) 97 505 (**) 505 472 1 471

 Corporation for Public Broadcasting ...... ...... ...... 535 ...... 535 465 ...... 465

 District of Columbia:

 Courts 31 ...... 31 157 (**) 157 167 ...... 167

 General and Special Payments 98 (**) 98 413 45 369 304 42 262

 Equal Employment Opportunity Commission 45 (**) 45 232 1 231 214 1 214

 Export-Import Bank of the United States 6 ...... 6 29 (**) 29 38 ...... 38

 Federal Communications Commission:

 Universal Service Fund 685 ...... 685 4,101 ...... 4,101 4,122 ...... 4,122

 Other 805 2 803 4,631 11 4,620 3,486 27 3,459

 Federal Deposit Insurance Corporation:

 Deposit Insurance Fund 27,390 ...... 27,390 24,595 ...... 24,595 -4,100 ...... -4,100

 FSLIC Resolution Fund (**) 3 -3 (**) 20 -19 (**) (**) (**)

 Total--Federal Deposit Insurance Corporation 27,390 3 27,387 24,595 20 24,576 -4,100 (**) -4,100

 Federal Drug Control Programs 110 ...... 110 231 ...... 231 157 ...... 157

 Federal Housing Finance Agency 35 ...... 35 181 ...... 181 165 ...... 165

 Institute of Museum and Library Services 22 (**) 22 179 (**) 179 172 (**) 172

 Intelligence Community Management Account 63 ...... 63 273 ...... 273 279 ...... 279

 Legal Services Corporation ...... ...... ...... 289 ...... 289 292 ...... 292

 National Archives and Records Administration 54 7 46 238 11 227 229 13 216

 National Credit Union Administration 202 196 7 869 1,066 -196 759 1,923 -1,163

 National Endowment for the Arts 19 (**) 19 112 (**) 112 97 2 95

 National Endowment for the Humanities 23 (**) 23 118 (**) 118 106 (**) 105

 National Labor Relations Board 31 (**) 31 144 (**) 143 138 (**) 137

 Nuclear Regulatory Commission 89 5 85 440 366 75 433 355 78

 Postal Service:

 Off-Budget:

 Public Enterprise Funds 7,864 8,764 -900 69,524 68,717 807 61,557 61,852 -295

 Other ...... ...... ...... 271 ...... 271 119 ...... 119

 Other ...... ...... ...... 50 ...... 50 ...... ...... ......

 Railroad Retirement Board:

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

 Federal Payments to the Railroad Retirement Accounts 1 ...... 1 413 ...... 413 397 ...... 397

 Railroad Unemployment Insurance Trust Fund:

 Benefit Payments 7 ...... 7 38 ...... 38 60 ...... 60

 Transfer To Administrative Funds 2 ...... 2 10 ...... 10 9 ...... 9

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

 Rail Industry Pension Fund:

 Benefit Payments 479 ...... 479 2,843 ...... 2,843 2,811 ...... 2,811

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

 Transfer to Administrative Funds 8 ...... 8 50 ...... 50 43 ...... 43

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

 National Railroad Retirement Investment Trust:

 Administrative Expenses 2 ...... 2 29 ...... 29 32 ...... 32

 Transfers to the Railroad Retirement Trust Funds from

 the National Railroad Retirement Investment Trust 44 ...... 44 787 ...... 787 783 ...... 783

 Railroad Social Security Equivalent Benefit Account:

 Benefit Payments 706 ...... 706 4,076 ...... 4,076 3,852 ...... 3,852

 Transfer To Administrative Funds 2 ...... 2 11 ...... 11 11 ...... 11

 Other -9 ...... -9 -17 ...... -17 1 ...... 1

 Proprietary Receipts from the Public ...... -441 441 ...... 558 -558 ...... -397 397

 Intrabudgetary Transactions:

 Other -45 ...... -45 -1,201 ...... -1,201 -1,179 ...... -1,179

 Total--Railroad Retirement Board 1,197 -441 1,638 7,041 558 6,484 6,824 -397 7,221

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, March 2023 and Other Periods - Continued

[$ millions]

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

 Securities and Exchange Commission -770 -5 -765 84 9 75 895 (**) 895

 Smithsonian Institution 119 (**) 119 668 (**) 667 603 (**) 602

 Tennessee Valley Authority 3,352 3,383 -31 20,057 19,683 374 18,664 18,808 -144

 Other 889 48 842 2,309 876 1,433 1,660 769 890

 Total--Independent Agencies 42,621 11,962 30,659 139,128 91,361 47,767 99,039 83,397 15,642

Undistributed Offsetting Receipts:

 Other Interest -1 (**) -1 -3 (**) -3 (**) ...... (**)

 Employer Share, Employee Retirement:

 Department of Health and Human Services:

 Federal Hospital Insurance Trust Fund:

 Federal Employer Contributions -372 ...... -372 -2,267 ...... -2,267 -2,187 ...... -2,187

 Postal Service Employer Contributions -62 ...... -62 -348 ...... -348 -302 ...... -302

 Department of State:

 Foreign Service Retirement and Disability Fund -32 ...... -32 -204 ...... -204 -196 ...... -196

 Other Defense Civil Programs:

 Military Retirement Fund -2,441 ...... -2,441 -24,331 ...... -24,331 -22,944 ...... -22,944

 Department of Defense Medicare-Eligible Retiree Health

 Care Fund ...... ...... ...... -10,033 ...... -10,033 -9,609 ...... -9,609

 Office of Personnel Management:

 Civil Service Retirement and Disability Fund -4,759 ...... -4,759 -23,947 ...... -23,947 -22,383 ...... -22,383

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust Fund:

 Federal Employer Contributions -1,579 ...... -1,579 -8,807 ...... -8,807 -8,512 ...... -8,512

 Federal Disability Insurance Trust Fund:

 Federal Employer Contributions -268 ...... -268 -1,495 ...... -1,495 -1,445 ...... -1,445

 Other (**) ...... (**) -3 ...... -3 -1 ...... -1

 Total--Employer Share, Employee Retirement -9,514 ...... -9,514 -71,434 ...... -71,434 -67,577 ...... -67,577

 Interest Received by Trust Funds:

 Judicial Branch:

 Judicial Survivors Annuity Fund -2 ...... -2 -13 ...... -13 -13 ...... -13

 Department of Health and Human Services:

 Federal Hospital Insurance Trust Fund -106 ...... -106 -2,507 ...... -2,507 -1,398 ...... -1,398

 Federal Supplementary Medical Insurance Trust Fund -108 ...... -108 -2,139 ...... -2,139 -1,479 ...... -1,479

 Department of Homeland Security:

 Oil Spill Liability Trust Fund -15 ...... -15 -98 ...... -98 -37 ...... -37

 Other -1 ...... -1 -8 ...... -8 -12 ...... -12

 Department of Labor:

 Unemployment Trust Fund -12 ...... -12 -622 ...... -622 -457 ...... -457

 Department of State:

 Foreign Service Retirement and Disability Fund (**) ...... (**) -251 ...... -251 -226 ...... -226

 Department of Transportation:

 Airport and Airway Trust Fund -3 ...... -3 -89 ...... -89 -105 ...... -105

 Department of Veterans Affairs:

 National Service Life Insurance Fund (**) ...... (**) -15 ...... -15 -22 ...... -22

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

 Corps of Engineers -21 ...... -21 -114 ...... -114 -15 ...... -15

 Other Defense Civil Programs:

 Military Retirement Fund -8,184 ...... -8,184 -22,812 ...... -22,812 -22,684 ...... -22,684

 Educational Benefits Fund -4 ...... -4 -11 ...... -11 -21 ...... -21

 Armed Forces Retirement Home -1 ...... -1 -2 ...... -2 (**) ...... (**)

 Environmental Protection Agency -11 ...... -11 -68 ...... -68 -40 ...... -40

 Office of Personnel Management:

 Civil Service Retirement and Disability Fund ...... ...... ...... -11,769 ...... -11,769 -11,180 ...... -11,180

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust Fund -532 ...... -532 -31,664 ...... -31,664 -32,532 ...... -32,532

 Federal Disability Insurance Trust Fund -43 ...... -43 -1,509 ...... -1,509 -1,289 ...... -1,289

 Independent Agencies:

 Railroad Retirement Board -6 ...... -6 -16 ...... -16 -43 ...... -43

 Other -1 ...... -1 -10 ...... -10 -6 ...... -6

 Other -494 ...... -494 -2,664 ...... -2,664 -116 ...... -116

 Total--Interest Received by Trust Funds -9,545 ...... -9,545 -76,381 ...... -76,381 -71,675 ...... -71,675

 Rents and Royalties on the Outer Continental Shelf Lands ...... 328 -328 ...... 3,505 -3,505 ...... 2,876 -2,876

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

 Total--Undistributed Offsetting Receipts -19,059 328 -19,387 -147,819 3,505 -151,324 -220,342 2,876 -223,217

Total Outlays 740,097 48,780 691,317 3,445,984 297,084 3,148,900 3,094,049 303,876 2,790,173

 Total On-Budget 619,994 40,014 579,980 2,791,604 228,355 2,563,248 2,506,757 242,013 2,264,744

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, March 2023 and Other Periods - Continued

[$ millions]

 Total Off-Budget 120,103 8,766 111,337 654,380 68,729 585,651 587,292 61,863 525,428

Total Surplus (+) or Deficit (-) -378,076 -1,100,704 -668,218

 Total On-Budget -369,973 -1,074,757 -647,625

 Total Off-Budget -8,104 -25,947 -20,593

MEMORANDUM

Receipts Offset Against Outlays (In Millions)

Current Comparable

Fiscal Year to Period Prior

Date Fiscal Year

Proprietary Receipts 143,946 160,353

Intrabudgetary Transactions 550,373 641,278

Governmental Receipts 7,609 88,275

 Total Receipts Offset Against Outlays 701,928 889,905

1 Includes $230 million for Economic Impact Payments to individuals and families. checks.

2 Includes $1.4 billion for Economic Impact Payments to individuals and families. Note: Details may not add to totals due to rounding.

3 Includes FICA and SECA tax credits, non-contributory military service credits, ... No Transactions

special benefits for the aged and credit for the unnegotiated OASI benefit (**) Less than absolute value of $500,000

24
Assets and Liabilities

This Year This Month

Directly Related to

Budget Off-Budget Activity This Month

Net Transactions

(-) denotes net reduction of either liability or asset accounts

Account Balances

Current Fiscal Year

Close of

This Month

Fiscal Year to Date Beginning of

This Year Prior Year

Table 6. Means of Financing the Deficit or Disposition of Surplus by the U.S. Government, March 2023 and Other Periods

[$ millions]

Liability Accounts:

 Borrowing from the Public:

 Treasury Securities, Issued Under General Financing Authorities:

 Debt Held by the Public 84,274 394,322 1,596,867 24,299,192 24,609,240 24,693,514

 Intragovernmental Holdings -85,128 135,204 375,174 6,629,719 6,850,051 6,764,923

 Total Treasury Securities Outstanding -854 529,526 1,972,041 30,928,912 31,459,291 31,458,438

 Plus Premium on Treasury Securities -606 2,943 4,516 66,191 69,740 69,134

 Less Discount on Treasury Securities 2,217 66,484 12,051 176,902 241,169 243,387

 Total Treasury Securities Net of Premium and Discount -3,677 465,984 1,964,506 30,818,200 31,287,861 31,284,184

 Agency Securities, Issued Under Special Financing Authorities (See

 Schedule B; for Other Agency Borrowing, See Schedule C) -36 391 -103 19,353 19,780 19,744

 Total Federal Securities -3,713 466,375 1,964,403 30,837,552 31,307,641 31,303,928

 Deduct:

 Federal Securities Held as Investments of Government Accounts

 (See Schedule D) -84,774 134,906 374,640 6,608,706 6,828,385 6,743,612

 Less Discount on Federal Securities Held as Investments of

 Government Accounts -29 40,212 -34 27,988 68,229 68,199

 Net Federal Securities Held as Investments of Government

 Accounts -84,744 94,694 374,674 6,580,718 6,760,157 6,675,412

 Total Borrowing from the Public 81,031 371,681 1,589,729 24,256,835 24,547,484 24,628,516

 Accrued Interest Payable to the Public 22,132 11,591 809 81,249 70,708 92,840

 Allocations of Special Drawing Rights 1,888 7,506 -3,040 147,009 152,627 154,516

 Deposit Funds, Uninvested Balances 17,464 271,121 -216,999 27,438 281,094 298,559

 Miscellaneous Liability Accounts (Includes Checks Outstanding Etc.) -2,305 -303 -209 31,176 33,178 30,873

 Total Liability Accounts 120,211 661,596 1,370,290 24,543,707 25,085,092 25,205,303

Asset Accounts (Deduct)

 Cash and Monetary Assets:

 U.S. Treasury Operating Cash:

 Federal Reserve Account 1 -237,312 -458,301 436,363 635,994 415,005 177,692

 Balance -237,312 -458,301 436,363 635,994 415,005 177,692

 Special Drawing Rights:

 Total Holdings 1,995 10,066 -743 153,175 161,246 163,241

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

 Balance 1,995 10,066 -743 147,975 156,046 158,041

 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 1,365 5,424 -2,197 -5,406 -1,348 17

 Letter of Credit Issued to IMF 128 1,584 1,719 -78,191 -76,735 -76,607

 Dollar Deposits with the IMF 18 -19 -13 -319 -355 -338

 Receivable/Payable (-) for Interim Maintenance of Value

 Adjustments -941 -3,746 1,539 3,621 816 -125

 Balance 569 3,243 1,048 31,334 34,007 34,577

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

 Other Cash and Monetary Assets -311 877 -49 25,816 27,004 26,693

 Total Cash and Monetary Assets -235,059 -444,115 436,607 842,039 632,983 397,925

 Non-Federal Securities of the National Railroad Retirement

 Investment Trust -488 -151 -1,187 23,923 24,261 23,772

 Net Activity, Guaranteed Loan Financing (See Schedule E) 2,008 12,650 154,572 45,427 56,069 58,077

 Net Activity, Direct Loan Financing (See Schedule E) -21,396 -3,151 111,362 1,338,931 1,357,176 1,335,780

 Miscellaneous Asset Accounts -2,928 -4,338 873 3,167 1,758 -1,171

 Total Asset Accounts -257,863 -439,105 702,227 2,253,488 2,072,246 1,814,383

Excess of Liabilities (+) or Assets (-) 378,074 1,100,701 668,062 22,290,219 23,012,846 23,390,920

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

 Schedule A for Details) 2 2 156 ...... ...... 2

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

 or Disposition of Surplus (-)) 378,076 1,100,704 668,218 22,290,219 23,012,846 23,390,922

1 Major sources of information used to determine Treasury's operating cash balance reflected as received and withdrawals are reflected as processed.

include Federal Reserve Banks, Treasury Regional Finance Centers, Internal Note: Details may not add to totals due to rounding.

Revenue Service Centers, various electronic systems, and information on the ... No Transactions

Public Debt. Information is presented on a modified cash basis. Deposits are

25
Classification This Month

Fiscal Year to Date

This Year Prior Year

Table 6. Schedule A-Analysis of Change in Excess of Liabilities of the U.S. Government, March 2023 and Other Periods

[$ millions]

Excess of Liabilities Beginning of Period:

 Based on Composition of Unified Budget in Preceding Period 23,012,846 22,290,219 20,778,901

 Adjustments During Current Fiscal Year for Changes in Composition of

 Unified Budget:

 Revisions by Federal Agencies to the Prior Budget Results ...... ...... 136,413

 Excess of Liabilities Beginning of Period (Current Basis) 23,012,846 22,290,219 20,915,313

 Budget Surplus (-) or Deficit:

 Based on Composition of Unified Budget in Prior Fiscal Year 378,076 1,100,704 668,218

 Total Surplus (-) or Deficit (Table 2) 378,076 1,100,704 668,218

 Total-On-Budget (Table 2) 369,973 1,074,757 647,625

 Total-Off-Budget (Table 2) 8,104 25,947 20,593

 Transactions Not Applied to Current Year's Surplus or Deficit:

 Premium/Discount on Buyback of U.S. Treasury Securities -2 -2 -4

 Other ...... ...... -152

 Total-Transactions Not Applied to Current Year's Surplus or Deficit -2 -2 -156

 Excess of Liabilities Close of Period 23,390,920 23,390,920 21,583,376

Note: Details may not add to totals due to rounding. ... 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, March 2023 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 (**) -7 -7 31 24 24

 Independent Agencies:

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

 National Archives and Records Administration ...... ...... ...... (**) (**) (**)

 Tennessee Valley Authority -36 398 -97 19,303 19,737 19,701

 Total Agency Securities -36 391 -103 19,353 19,780 19,744

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,

March 2023 and Other Periods

[$ millions]

Borrowing from the US Treasury:

 Department of Agriculture:

 Farm Service Agency:

 Commodity Credit Corporation -89 -1,343 -1,008 13,775 12,520 12,431

 Agricultural Credit Insurance Fund -1,798 -737 655 17,396 18,457 16,660

 Farm Storage Facility Loans -54 132 50 1,601 1,787 1,733

 Apple Loans Fund ...... ...... (**) ...... ...... ......

 Emergency Boll Weevil Loan Fund ...... (**) (**) (**) (**) (**)

 Rural Housing Service:

 Rural Housing Insurance -1,151 -569 -952 19,465 20,047 18,896

 Rural Community Facility Loans Fund -765 -263 89 12,320 12,822 12,057

 Multifamily Housing Revitalization Loan Account ...... ...... -2 ...... ...... ......

 Rural Business - Cooperative Service:

 Rural Business and Industry Loans -47 -47 -26 70 70 23

 Rural Development Loan Fund -27 -23 -26 272 276 249

 Rural Economic Development Loan Fund -42 -23 -39 217 236 194

 Renewable Energy Guaranteed Loan Account (**) (**) (**) 2 2 2

 Rural Microenterprise Investment Loans -3 -3 -3 40 41 38

 Biorefinery Assistance Loan Account ...... 186 -5 ...... 186 186

 Rural Utilities Service:

 Rural Water and Waste Disposal Fund -1,055 -695 -240 14,774 15,134 14,079

 Rural Electrification and Telecommunications Fund -186 218 -179 6,528 6,931 6,745

 Rural Telephone Bank -6 -6 -13 60 60 54

 Distance Learning and Telemedicine Program -67 -45 11 556 578 511

 Foreign Agricultural Service ...... ...... ...... 266 266 266

 Department of Commerce:

 National Oceanic and Atmospheric Administration:

 Fisheries Finance 1 9 70 372 380 381

 Department of Defense--Military Programs:

 Family Housing Improvement Loans ...... ...... 21 1,598 1,598 1,598

 Department of Education:

 College Housing and Academic Facilities Loans ...... ...... -7 5 5 5

 Historically Black College and University Capital Financing

 Fund ...... ...... ...... 65 65 65

 Federal Direct Student Loans -23,275 24,795 66,277 847,911 895,981 872,706

 Teach Grant Loans -9 5 32 541 555 546

 Temporary Student Loan Purchase Authority 2 -894 217 20,359 19,462 19,465

 Federal Family Education Loans ...... 35 110 36,195 36,230 36,230

 Department of Energy:

 Bonneville Power Administration Fund -29 35 293 5,679 5,743 5,714

 Western Area Power Administration - Recovery Act ...... ...... ...... 76 76 76

 Advanced Technology Vehicles Manufacturing Loans ...... ...... -12 ...... ...... ......

 Title 17 Innovative Technology Loans 1 3 7 688 690 691

 Department of Health and Human Services:

 Consumer Operated and Oriented Plan ...... ...... ...... 401 401 401

 Consumer Operated and Oriented Plan Program Contingency Fund ...... ...... ...... 108 108 108

 Department of Homeland Security:

 National Flood Insurance Fund ...... ...... ...... 20,525 20,525 20,525

 Disaster Assistance Loan Fund 1 2 3 8 9 10

 Department of Housing and Urban Development:

 Public and Indian Housing Programs:

 Low-Rent Public Housing - Loans and Other Expenses ...... ...... ...... 1 1 1

 Native Hawaiian Housing Loans ...... 1 1 3 4 4

 Housing Programs:

 Emergency Homeowners' Relief Fund ...... ...... ...... 2 2 2

 Federal Housing Administration ...... ...... ...... 93,564 93,564 93,564

 Home Ownership Preservation Equity Fund ...... ...... ...... 6 6 6

 Green Retrofit Program for Multifamily Housing-Recovery Act ...... ...... ...... 9 9 9

 Department of the Interior:

 Bureau of Indian Affairs and Bureau of Indian Education ...... ...... ...... (**) (**) (**)

 Bureau of Reclamation Loan Fund ...... ...... ...... 25 25 25

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,

March 2023 and Other Periods - Continued

[$ millions]

Borrowing from the US Treasury: - Continued

 Assistance to American Samoa Loan Fund ...... (**) (**) 7 7 7

 Department of Labor:

 Black Lung Disability Trust Fund ...... ...... ...... 4,751 4,751 4,751

 Department of State:

 Repatriation Loans ...... 1 1 3 4 4

 Department of Transportation:

 Federal Highway Administration:

 Transportation Infrastructure Finance and Innovation Fund 857 3,716 303 14,837 17,696 18,553

 Federal Railroad Administration:

 Railroad Rehabilitation and Improvement Loan Fund ...... ...... 383 1,140 1,140 1,140

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

 Maritime Administration:

 Maritime Guaranteed Loan (Title XI) Fund ...... ...... ...... 89 89 89

 Department of the Treasury:

 Departmental Offices:

 Community Development Financial Institutions Fund 1 4 2 105 108 109

 Temporary Credit and Liquidity Program ...... ...... ...... 1,097 1,097 1,097

 Troubled Asset Relief Program -3 -3 ...... 4 4 1

 Small Business Lending Financing Fund ...... ...... ...... 34 34 34

 ESF - Economic Stabilization Program ...... -2,593 -5,249 19,478 16,885 16,885

 Federal Financing Bank Revolving Fund 428 3,322 2,218 73,447 76,340 76,768

 Department of Veterans Affairs:

 Veterans Housing Benefit Program Fund -12 85 -16 462 558 547

 Native American Veteran Housing Fund -2 4 -1 93 100 97

 Vocational Rehabilitation Loan Fund ...... (**) ...... 1 1 1

 Environmental Protection Agency:

 Water Infrastructure Finance and Innovation Loan Program 188 738 415 1,557 2,107 2,295

 International Assistance Programs:

 International Security Assistance:

 Foreign Military Loan Program ...... ...... ...... 982 982 982

 Military Debt Reduction ...... ...... ...... 39 39 39

 Agency for International Development:

 Development Credit Authority Loan Fund ...... 83 ...... ...... 83 83

 United States International Development Finance Corporation 116 1,710 1,497 8,965 10,560 10,675

 Small Business Administration:

 Business Loan Fund ...... 76 12 2,289 2,365 2,365

 Disaster Loan Fund ...... 5,645 77,867 360,513 366,157 366,157

 Independent Agencies:

 Export-Import Bank of the United States ...... ...... 65 13,501 13,501 13,501

 Presidio Trust ...... ...... ...... 98 98 98

 Railroad Retirement Board:

 Social Security Equivalent Benefit Account 444 2,492 2,359 4,417 6,465 6,909

 Smithsonian Institution:

 John F. Kennedy Center Parking Facilities ...... ...... ...... 20 20 20

 Other:

 Borrowing from the US Treasury - Other (**) (**) ...... (**) (**) (**)

 Total Borrowing from the US Treasury -26,582 36,054 145,179 1,623,412 1,686,048 1,659,466

Borrowing from the Federal Financing Bank:

 Department of Agriculture:

 Rural Utilities Service:

 Rural Electrification and Telecommunications Fund -186 1,601 1,566 51,814 53,601 53,415

 Department of Education:

 Historically Black College and University Capital Financing

 Fund 9 50 51 269 310 320

 Department of Energy:

 Advanced Technology Vehicles Manufacturing Loans ...... 621 -295 ...... 621 621

 Title 17 Innovative Technology Loans 13 192 68 15,219 15,398 15,411

 Department of Health and Human Services:

 Health Maintenance Organization Loan and Loan Guarantee Fund ...... ...... ...... (**) (**) (**)

 Department of Housing and Urban Development:

 Housing Programs:

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,

March 2023 and Other Periods - Continued

[$ millions]

Borrowing from the Federal Financing Bank: - Continued

 Federal Housing Administration -2 41 35 2,716 2,759 2,757

 Department of Transportation:

 Maritime Administration:

 Maritime Guaranteed Loan (Title XI) FFB Financing Account -4 -8 -7 349 345 341

 Department of the Treasury:

 Departmental Offices:

 Community Development Financial Institutions Fund 12 38 18 1,149 1,175 1,187

 Department of Veterans Affairs:

 Guaranteed Transitional Housing Loans for Homeless Veterans ...... (**) (**) 4 4 4

 Independent Agencies:

 Postal Service 416 416 ...... 10,000 10,000 10,416

 Total Borrowing from the Federal Financing Bank 258 2,952 1,437 81,521 84,215 84,473

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, March 2023 and Other Periods

[$ millions]

Federal Funds:

 Department of Agriculture ...... 12 (**) 262 274 274

 Department of Commerce -2 ...... ...... ...... 2 ......

 Department of Defense--Military Programs:

 Defense Cooperation Account ...... (**) ...... 8 8 8

 Department of Energy 11 2,008 2,121 59,022 61,019 61,030

 Department of Health and Human Services ...... 16,396 17,931 ...... 16,396 16,396

 Department of Homeland Security ...... -84 587 2,472 2,388 2,388

 Department of Housing and Urban Development:

 Housing Programs:

 Federal Housing Administration Fund 399 4,449 1,839 119,950 124,001 124,399

 Government National Mortgage Association:

 Guarantees of Mortgage-Backed Securities 74 1,227 -495 18,494 19,647 19,721

 Department of the Interior 74 1,763 13,680 27,231 28,921 28,995

 Department of Justice 5,654 5,647 (**) 169 162 5,816

 Department of Labor -690 1,543 2,055 55,641 57,875 57,184

 Department of State:

 Foreign Service Retirement and Disability Fund 1 13 282 335 347 348

 Other ...... ...... (**) 12 12 12

 Department of Transportation ...... 16 135 2,418 2,434 2,434

 Department of the Treasury 429 -1,607 -2,256 20,542 18,506 18,935

 Department of Veterans Affairs:

 Veterans Reopened Insurance Fund -1 -4 -4 39 36 35

 Servicemen'S Group Life Insurance Fund ...... 296 319 3,089 3,385 3,385

 Other Defense Civil Programs:

 Uniformed Services Retiree Health Care Fund 1,250 27,437 19,816 321,960 348,147 349,396

 International Assistance Programs 4 120 183 6,262 6,378 6,382

 Office of Personnel Management:

 Postal Service Contributions ...... -2,233 -1,593 35,607 33,374 33,374

 Independent Agencies:

 Federal Deposit Insurance Corporation:

 Deposit Insurance Fund -27,597 -23,156 4,181 125,471 129,912 102,315

 FSLIC Resolution Fund 3 18 (**) 888 903 907

 Federal Housing Finance Agency -31 22 (**) 114 167 136

 National Credit Union Administration -14 184 1,221 22,092 22,290 22,275

 Postal Service -324 970 190 20,924 22,218 21,894

 Other

 Treasury Securities -17 -106 -697 11,503 11,415 11,398

 Other 75 446 -135 1,724 2,094 2,169

 Total Treasury Securities -20,704 35,378 59,361 856,229 912,311 891,608

 Total Federal Funds -20,704 35,378 59,361 856,229 912,311 891,608

Trust Funds:

 Legislative Branch:

 Library of Congress -1 3 7 42 46 45

 United States Tax Court (**) (**) (**) 13 13 13

 Other -2 -1 4 36 37 35

 Judicial Branch:

 Judicial Retirement Funds -5 232 55 1,795 2,032 2,027

 Department of Agriculture ...... ...... ...... 6 6 6

 Department of Commerce ...... ...... 15 ...... ...... ......

 Department of Defense--Military Programs:

 Voluntary Separation Incentive Fund -1 5 -2 51 57 56

 Other 56 -109 -264 1,632 1,468 1,524

 Department of Health and Human Services:

 Federal Supplementary Medical Insurance Trust Fund -30,466 9,080 20,101 167,964 207,510 177,044

 Other -20,743 145 8,656 181,699 202,586 181,844

 Department of Homeland Security 19 148 389 11,050 11,178 11,198

 Department of the Interior 106 -18 11 659 536 641

 Department of Labor:

 Unemployment Trust Fund -2,880 -4,197 9,465 73,587 72,270 69,390

 Other 7 14 15 60 68 74

 Department of State:

 Foreign Service Retirement and Disability Fund 61 76 2 20,681 20,696 20,757

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, March 2023 and Other Periods - Continued

[$ millions]

Trust Funds: - Continued

 Other -2 4 1 43 50 48

 Department of Transportation:

 Airport and Airway Trust Fund 586 4,200 -5,676 10,818 14,432 15,018

 Highway Trust Fund -1,048 -3,056 122,708 127,547 125,538 124,490

 Department of the Treasury 384 -62 -37 4,330 3,884 4,269

 Department of Veterans Affairs:

 General Post Fund, National Homes -41 -41 30 116 116 76

 National Service Life Insurance -29 -158 -198 1,096 966 938

 United States Government Life Insurance Fund (**) (**) (**) 1 1 1

 Veterans Special Life Insurance Fund -13 -71 -73 916 858 845

 Corps of Engineers 177 1,228 947 9,684 10,735 10,912

 Other Defense Civil Programs:

 Military Retirement Fund -1,833 160,600 127,149 1,194,652 1,357,085 1,355,252

 Other 64 12 -36 1,067 1,015 1,078

 Environmental Protection Agency 144 1,585 3,667 10,611 12,051 12,195

 National Aeronautics and Space Administration (**) (**) (**) 16 16 15

 Office of Personnel Management:

 Civil Service Retirement and Disability Fund

 Treasury Securities ...... -45,779 49,438 1,011,679 965,900 965,900

 Employees Life Insurance Fund 77 722 403 50,990 51,634 51,711

 Employees and Retired Employees Health Benefits Fund 390 -1,014 -687 27,307 25,904 26,294

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust Fund -11,214 -34,799 -25,624 2,723,601 2,700,015 2,688,801

 Federal Disability Insurance Trust Fund 2,333 10,192 5,109 114,679 122,537 124,871

 Independent Agencies:

 Harry S Truman Scholarship Foundation ...... -8 -4 8 ...... ......

 Japan-United States Friendship Commission ...... -1 ...... 36 35 35

 Railroad Retirement Board

 Treasury Securities -161 500 88 2,452 3,114 2,953

 Agency Securities ...... ...... (**) 1 1 1

 Other

 Treasury Securities -39 94 -382 1,552 1,685 1,647

 Total Treasury Securities -64,070 99,528 315,279 5,752,475 5,916,073 5,852,003

 Total Agency Securities ...... ...... (**) 1 1 1

 Total Trust Funds -64,070 99,528 315,279 5,752,476 5,916,074 5,852,004

Grand Total -84,774 134,906 374,640 6,608,706 6,828,385 6,743,612

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, March 2023 and Other Periods

[$ millions]

Guaranteed Loan Financing Activity:

 Department of Agriculture:

 Office of the Secretary:

 Food Supply Chain and Agriculture Pandemic Response ...... -12 ...... -3 -15 -15

 Farm Service Agency:

 Commodity Credit Corporation Export Fund -1 -30 -3 130 101 101

 Agricultural Credit Insurance Fund -5 -13 -7 -178 -185 -191

 Natural Resources Conservation Service:

 Agricultural Resource Conservation Demonstration Program ...... ...... ...... (**) (**) (**)

 Rural Housing Service:

 Rural Community Facility Loans (**) 1 -3 -15 -14 -14

 Rural Housing Insurance Fund 15 50 -63 2,086 2,120 2,135

 Rural Business - Cooperative Service:

 Rural Business and Industry Loans -4 -39 -46 -166 -202 -205

 Renewable Energy Guaranteed Loan Account (**) -9 -6 -21 -30 -30

 Biorefinery Assistance Loan Account -12 139 -1 -70 81 69

 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 ...... ...... (**) -38 -38 -38

 Department of Education:

 Office of Student Financial Assistance:

 Federal Family Education Loans -1,804 -2,716 -2,988 -7,716 -8,627 -10,431

 Department of Energy:

 Title 17 Innovative Technology Loans ...... ...... ...... -101 -101 -101

 Department of Health and Human Services:

 Health Resources and Services Administration:

 Health Center Loans (**) (**) (**) -2 -2 -1

 Health Education Assitance Loans ...... ...... ...... -70 -70 -70

 Department of Housing and Urban Development:

 Public and Indian Housing Programs:

 Indian Housing Loans (**) -7 -7 -92 -99 -99

 Native Hawaiian Housing Loans (**) (**) (**) (**) (**) (**)

 Community Planning and Development:

 Community Development Loans (**) (**) (**) -4 -5 -5

 Housing Programs:

 FHA-Mutual Mortgage Insurance Loans 7 -353 1,858 72,410 72,050 72,057

 FHA-General and Special Risk Fund 270 635 -185 7,165 7,529 7,800

 Home Ownership Preservation Entity Fund (**) (**) (**) 2 1 1

 Government National Mortgage Association:

 Guarantees of Mortgage-Backed Securities -123 182 -930 7,785 8,089 7,967

 Department of the Interior:

 Bureau of Indian Affairs and Bureau of Indian Education -2 -3 -4 -68 -69 -71

 Department of Transportation:

 Federal Highway Administration:

 Transportation Infrastructure Finance and Innovation Fund ...... ...... ...... (**) (**) (**)

 Maritime Administration:

 Maritime Guaranteed Loan (Title XI) Fund (**) (**) -38 -93 -93 -93

 Department of the Treasury:

 Departmental Offices:

 Air Transportation Stabilization Fund ...... ...... ...... (**) (**) (**)

 Troubled Assets Insurance Financing Fund ...... ...... ...... (**) (**) (**)

 Troubled Asset Relief Program ...... (**) ...... (**) (**) (**)

 Department of Veterans Affairs:

 Veterans Benefits Administration:

 Veterans Housing Benefit Program Fund -19 198 -1,036 -11,492 -11,276 -11,294

 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, March 2023 and Other Periods - Continued

[$ millions]

Guaranteed Loan Financing Activity: - Continued

 Ukraine Export Credit Insurance Fund ...... ...... ...... -267 -267 -267

 Loan Guarantees to Israel ...... ...... ...... -966 -966 -966

 Urban and Environmental Credit Guaranteed Loans ...... ...... ...... -38 -38 -38

 Microenterprise and Small Enterprise Development ...... ...... ...... (**) (**) (**)

 Development Credit Authority Loan Fund ...... ...... ...... -99 -99 -99

 Tunisia Loan Fund ...... ...... ...... -1,089 -1,089 -1,089

 Overseas Private Investment Corporation ...... ...... ...... 278 278 278

 United States International Development Finance Corporation 7 -69 451 241 165 172

 Microenterprise and Small Enterprise Development ...... ...... ...... (**) (**) (**)

 Urban and Environmental Credit (**) 2 2 15 18 18

 Small Business Administration:

 Business Loan Fund -204 -1,120 154,682 -53,773 -54,690 -54,894

 Independent Agencies:

 Export-Import Bank of the United States -273 -1,456 -1,139 -2,481 -3,664 -3,936

 Net Activity, Guaranteed Loan Financing -2,147 -4,619 150,538 11,247 8,775 6,628

Direct Loan Financing Activity:

 Department of Agriculture:

 Farm Service Agency:

 Agricultural Credit Insurance Fund 15 -559 -3 15,197 14,623 14,638

 Farm Storage Facility Loans 7 93 104 1,193 1,279 1,286

 Apple Loans Fund ...... (**) ...... (**) (**) (**)

 Emergency Boll Weevil Loan Fund ...... ...... ...... (**) (**) (**)

 Rural Housing Service:

 Rural Community Facility Loans Fund -42 14 214 11,274 11,330 11,288

 Rural Housing Insurance Fund -29 -88 -616 15,138 15,078 15,049

 Multifamily Housing Revitalization Loan Account ...... ...... 2 524 524 524

 Rural Business - Cooperative Service:

 Rural Business and Industry Loan Fund (**) (**) (**) (**) (**) (**)

 Rural Development Loan Fund -2 -14 -13 245 233 231

 Rural Economic Development Loan Fund 4 7 -17 165 167 171

 Rural Microenterprise Investment Loans (**) -2 -2 37 35 35

 Rural Utilities Service:

 Rural Water and Waste Disposal Loans 18 29 -37 12,810 12,821 12,839

 Rural Electrification and Telecommunications Fund -43 1,977 1,474 54,363 56,382 56,340

 Rural Telephone Bank (**) -1 -4 56 55 55

 Distance Learning and Telemedicine Program 3 -2 3 480 476 478

 Rural Development Insurance Fund ...... ...... ...... 1,065 1,065 1,065

 Foreign Agricultural Service:

P.L. 480 Direct Loan Fund -3 -32 -38 239 211 207

International Debt Reduction (**) -6 -17 -97 -104 -104

 Department of Commerce:

 National Oceanic and Atmospheric Administration:

 Fisheries Finance -20 -23 (**) 361 358 338

 Department of Defense--Military Programs -9 -48 -22 1,592 1,553 1,544

 Department of Education:

 Office of Postsecondary Education:

 College Housing and Academic Facilities Loans (**) (**) (**) 5 5 4

 Historically Black College and University Capital Financing

 Fund 9 50 51 238 279 289

 Office of Student Financial Assistance:

 Federal Direct Student Loans -19,791 -3,490 39,224 758,619 774,920 755,129

 Teach Grant Loans -6 4 13 491 501 495

 Temporary Student Loan Purchase Authority -926 -2,227 -1,080 26,959 25,658 24,732

 Department of Energy:

 Advanced Technology Vehicles Manufacturing Loans (**) 587 -308 -94 492 492

 Title 17 Innovative Technology Loans 13 201 75 15,281 15,469 15,482

 Department of Health and Human Services:

 Consumer Operated and Oriented Plan -55 -66 -4 56 45 -10

 Consumer Operated and Oriented Plan Program Contingency Fund ...... -4 -4 44 41 41

 Department of Homeland Security:

33
Net Transactions

(-) denotes net reduction of Account Balances

asset accounts

Current Fiscal Year

Fiscal Year to Date Beginning of Close of

Classification

This Month

This Year Prior Year This Year This Month This Month

Table 6. Schedule E-Net Activity, Guaranteed and Direct Loan Financing, March 2023 and Other Periods - Continued

[$ millions]

Direct Loan Financing Activity: - Continued

 Disaster Assistance Loan Fund -4 -6 -16 -74 -76 -80

 Department of Housing and Urban Development:

 Housing Programs:

 Emergency Homeowners' Relief Fund (**) (**) -1 (**) (**) (**)

 FHA-Mutual Mortgage Insurance Loans ...... ...... ...... (**) (**) (**)

 FHA-General and Special Risk Fund -1 50 39 2,789 2,839 2,839

 Green Retrofit Program for Multifamily Housing Fund (**) (**) -5 7 6 6

 Department of the Interior:

 Bureau of Reclamation (**) (**) (**) 27 27 26

 Bureau of Indian Affairs and Bureau of Indian Education (**) (**) (**) (**) (**) (**)

 Assistance to American Samoa Loan Fund ...... ...... ...... 7 7 7

 Department of State:

 Administration of Foreign Affairs:

 Repatriation Loans -1 -1 -1 -3 -4 -4

 Department of Transportation:

 Federal Highway Administration:

 Transportation Infrastructure Finance and Innovation Fund 3,722 3,476 -2,022 11,014 10,767 14,490

 Tiger Tifia Loan Fund ...... -1 -1 61 60 60

 Federal Railroad Administration:

 Railroad Rehabilitation and Improvement Loan Fund -10 -33 -22 624 600 590

 Maritime Administration:

 Maritime Guaranteed Loan (Title XI) FFB Financing Account -5 -9 -7 335 331 326

 Department of the Treasury:

 Departmental Offices:

 Community Development Financial Institutions Fund (**) 26 18 1,251 1,278 1,278

 GSE Mortgage-Backed Securities Purchase Program ...... ...... ...... 4,613 4,613 4,613

 Temporary Credit and Liquidity Program -4 -97 -241 1,007 913 909

 Troubled Asset Relief Program ...... -3 (**) 3 (**) (**)

 Small Business Lending Program ...... -1 -3 32 31 31

 ESF - Economic Stabilization Program -21 -2,483 -5,766 19,057 16,596 16,574

 Bureau of the Fiscal Service ...... ...... ...... (**) (**) (**)

 Department of Veterans Affairs:

 Veterans Benefits Administration:

 Veterans Housing Benefit Program Fund -2 -10 -34 335 327 325

 Native American Veteran Housing Fund -1 (**) 1 62 63 62

 Transitional Housing Loans (**) (**) (**) -1 -1 -1

 Vocational Rehabilitation Loan Fund (**) (**) (**) (**) (**) (**)

 Environmental Protection Agency:

 Water Infrastructure Finance and Innovation Loan Program 212 722 402 1,556 2,066 2,278

 International Assistance Programs:

 International Security Assistance:

 Foreign Military Loan Program ...... -405 -405 957 553 553

 Military Debt Reduction ...... ...... ...... 39 39 39

 Agency for International Development:

 International Debt Reduction ...... ...... ...... -172 -172 -172

 Development Credit Authority Loan Fund ...... 83 ...... ...... 83 83

 Overseas Private Investment Corporation ...... ...... ...... 2,902 2,902 2,902

 International Monetary Programs ...... ...... ...... -278 -278 -278

 United States International Development Finance Corporation (**) 1,094 156 4,293 5,387 5,386

 International Debt Reduction ...... -37 (**) -75 -112 -112

 Small Business Administration:

 Business Loan Fund -4 -21 1 181 164 160

 Disaster Loan Fund -2,215 -11,032 75,533 343,547 334,730 332,515

 Independent Agencies:

 Export-Import Bank of the United States -223 -804 -972 7,369 6,788 6,565

 Federal Communications Commission:

 Spectrum Auction Loan Fund (**) (**) (**) (**) (**) (**)

 Net Activity, Direct Loan Financing -19,413 -13,095 105,649 1,317,705 1,324,023 1,304,610

Note: Details may not add to totals due to rounding. net present value in accordance with the Credit Reform Act of 1990. Unreimbursed

Note: Federal credit programs provide benefits to the public in the form of costs such as administrative expenses and subsidy payments are reported on a

direct loans and loan guarantees. This table reflects cash transactions and cash basis and included within each program's budgetary totals in Table 5.

balances of the nonbudgetary financing fund accounts that result from the ... No Transactions

disbursement of loans, collection of fees, repayment of principal, sale of (**) Less than absolute value of $500,000

collateral, interest, and subsidy received from the credit program accounts at

34
Classification June July Aug. Sept.

Fiscal

Year to

Date

Comparable

Period

Prior F.Y.

Oct. Nov. Dec. Jan. Feb. March April May

Table 7. Receipts and Outlays of the U.S. Government by Month, Fiscal Year 2023

[$ millions]

Receipts:

 Individual Income Taxes 175,349 113,701 215,539 262,290 111,986 150,520 1,029,384 1,124,485

 Corporation Income Taxes 14,630 2,943 87,818 20,828 2,288 11,487 139,994 127,259

 Social Insurance and Retirement Receipts:

 Employment and General Retirement 103,735 111,795 131,685 141,684 119,678 131,292 739,870 667,695

 Unemployment Insurance 3,741 3,007 530 5,968 2,591 579 16,415 27,057

 Other Retirement 543 529 534 516 540 681 3,343 3,027

 Excise Taxes 5,812 8,043 7,106 5,154 6,258 7,741 40,115 38,712

 Estate and Gift Taxes 2,806 2,618 1,611 2,099 9,646 2,294 21,073 14,275

 Customs Duties 8,163 7,171 6,552 6,838 6,349 6,152 41,225 48,559

 Miscellaneous Receipts 3,720 2,304 3,568 1,913 2,778 2,494 16,777 70,884

 Total--Receipts This Year 318,500 252,111 454,942 447,288 262,114 313,240 2,048,196 ......

 (On-Budget) 242,627 170,473 358,135 339,029 168,220 210,007 1,488,491 ......

 (Off-Budget) 75,873 81,638 96,807 108,259 93,894 103,233 559,705 ......

 Total--Receipts Prior Year 283,927 281,208 486,723 465,074 289,857 315,165 ...... 2,121,955

 (On-Budget) 212,635 204,153 400,594 365,402 208,785 225,551 ...... 1,617,120

 (Off-Budget) 71,292 77,055 86,129 99,672 81,072 89,615 ...... 504,835

Outlays:

 Legislative Branch 684 495 432 826 398 503 3,338 2,854

 Judicial Branch 667 693 732 724 732 934 4,481 4,224

 Department of Agriculture:

 Commodity Credit Corporation 3,058 2,084 1,683 549 -9 -109 7,256 8,039

 Foreign Agricultural Service 188 198 168 247 99 218 1,117 1,209

 Other 22,655 23,651 19,450 21,809 18,355 18,109 124,028 122,142

 Department of Commerce 1,039 934 1,034 870 895 979 5,751 6,334

 Department of Defense--Military Programs:

 Military Personnel 27,587 13,212 17,731 8,158 13,791 18,732 99,211 94,941

 Operation and Maintenance 20,316 24,200 27,473 23,331 24,104 31,784 151,209 137,812

 Procurement 8,772 15,361 14,799 7,133 9,973 13,105 69,143 68,793

 Research, Development, Test, and Evaluation 14,981 3,906 11,320 6,324 8,157 13,707 58,395 53,365

 Military Construction 579 1,301 846 760 737 1,073 5,297 4,698

 Family Housing 94 118 126 91 101 146 676 672

 Revolving and Management Funds 500 447 450 619 -430 927 2,511 -1,466

 Other 280 -152 92 -159 -153 -94 -186 -416

 Total Department of Defense--Military Programs 73,110 58,393 72,836 46,255 56,280 79,381 386,255 358,398

 Department of Education 14,970 22,394 17,884 16,161 14,675 38,077 124,162 70,493

 Department of Energy 947 1,704 2,983 2,314 3,500 3,797 15,245 15,817

 Department of Health and Human Services:

 National Institutes of Health 3,511 4,792 3,095 3,529 3,590 4,009 22,527 20,303

 Centers for Medicare and Medicaid Services:

 Grants to States for Medicaid 46,870 47,332 53,641 47,902 49,580 64,442 309,767 287,761

 Federal Hospital Insurance Trust Fund 14,140 33,527 35,719 32,359 32,344 50,631 198,719 182,910

 Federal Supplementary Medical Insurance

 Trust Fund 17,797 51,136 45,869 52,500 48,641 80,432 296,375 268,894

 Other 43,960 36,555 44,734 46,214 36,389 39,226 247,078 233,715

 Administration for Children and Families 7,274 6,736 7,771 6,764 6,825 8,080 43,450 40,704

 Other -46,062 -36,146 -54,524 -51,165 -40,908 -45,854 -274,659 -240,406

 Department of Homeland Security 8,276 6,649 8,392 6,955 6,315 8,295 44,883 40,600

 Department of Housing and Urban Development 4,902 4,662 5,354 3,919 4,981 5,356 29,173 26,056

 Department of the Interior 1,279 1,226 1,156 1,179 1,235 1,165 7,240 6,642

 Department of Justice 3,674 3,637 3,137 3,290 3,295 3,440 20,475 18,945

 Department of Labor:

 Unemployment Trust Fund 2,230 2,069 2,886 3,432 3,212 3,297 17,125 19,123

 Other -3,735 2,042 2,915 38,292 711 1,984 42,208 9,441

 Department of State 2,651 2,268 4,010 1,904 1,671 1,940 14,445 15,656

 Department of Transportation:

 Highway Trust Fund 4,218 3,865 3,556 2,522 2,600 3,156 19,916 17,869

 Other 4,533 5,351 5,439 3,876 4,553 4,258 28,011 36,239

 Department of the Treasury:

 Interest on Treasury Debt Securities (Gross) 47,574 55,019 107,412 51,078 45,565 77,578 384,227 290,289

 Other 20,046 13,564 24,661 9,074 57,854 31,386 156,586 243,720

 Department of Veterans Affairs:

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 2023 - Continued

[$ millions]

Outlays: - Continued

 Compensation and Pensions 771 11,149 22,583 771 12,267 24,128 71,669 62,261

 National Service Life 30 29 28 31 26 26 170 229

 Other 10,607 11,328 12,316 11,070 11,858 15,766 72,946 63,546

 Corps of Engineers 505 1,109 1,072 275 729 892 4,582 4,438

 Other Defense Civil Programs -127 5,576 11,317 1,520 6,739 10,813 35,838 30,012

 Environmental Protection Agency 770 706 849 691 794 962 4,772 4,727

 Executive Office of the President 42 37 40 39 40 58 257 212

 General Services Administration -284 128 64 -399 -61 365 -186 -345

 International Assistance Programs:

 International Security Assistance 2,038 5,501 2,057 414 6,182 3,200 19,392 7,627

 Multilateral Assistance 322 260 1 2 15 419 1,020 904

 Agency for International Development 1,595 998 970 1,887 866 1,110 7,425 4,472

 Other -366 -1,050 -2,745 -2,566 -932 -533 -8,192 -927

 National Aeronautics and Space Administration 1,715 2,109 3,008 1,642 1,607 2,368 12,449 11,248

 National Science Foundation 691 653 625 595 680 692 3,935 3,600

 Office of Personnel Management 10,103 10,110 9,536 10,876 9,689 9,867 60,181 56,597

 Small Business Administration 290 157 107 208 158 221 1,141 18,247

 Social Security Administration:

 Federal Old-Age and Survivors Insurance Trust

 Fund (Off-Budget) 92,400 92,255 92,180 100,551 101,096 101,675 580,156 522,198

 Federal Disability Insurance Trust Fund

 (Off-Budget) 12,225 11,902 12,057 12,972 12,870 13,011 75,037 71,809

 Other -4 4,923 9,851 287 5,335 10,290 30,682 28,926

 Deposit Insurance Fund -86 -437 -1,961 -174 -137 27,390 24,595 -4,100

 FSLIC Resolution Fund -2 -3 -4 -3 -3 -3 -19 (**)

 Postal Service:

 Off-Budget:

 Public Enterprise Funds 1,239 -21 -153 -764 1,406 -900 807 -295

 Other 55 ...... 10 206 ...... ...... 271 119

 Other ...... ...... ...... ...... 50 ...... 50 ......

 Tennessee Valley Authority -38 151 326 235 -270 -31 374 -144

 Other 5,110 2,941 3,317 3,381 2,736 4,203 21,688 20,063

 Undistributed Offsetting Receipts:

 Employer Share, Employee Retirement -28,832 -8,151 -8,253 -8,298 -8,387 -9,514 -71,434 -67,577

 Interest Received by Trust Funds -4,136 -5,972 -51,422 -1,970 -3,337 -9,545 -76,381 -71,675

 Rents and Royalties on the Outer Continental

 Shelf Lands -715 -571 -261 -786 -844 -328 -3,505 -2,876

 Other -1 (**) -1 -1 -1 -1 -3 -81,089

 Totals This Year:

 Total Outlays 406,374 500,646 539,943 486,072 524,548 691,317 3,148,900 ......

 (On-Budget) 315,869 399,543 467,639 388,957 411,260 579,980 2,563,248 ......

 (Off-Budget) 90,505 101,103 72,304 97,115 113,288 111,337 585,651 ......

 Total-Surplus (+) or Deficit (-) -87,874 -248,535 -85,001 -38,784 -262,434 -378,076 -1,100,704 ......

 (On-Budget) -73,242 -229,070 -109,504 -49,928 -243,040 -369,973 -1,074,757 ......

 (Off-Budget) -14,632 -19,465 24,503 11,144 -19,394 -8,104 -25,947 ......

 Total Borrowing from the Public 43,244 194,996 -36,185 67,209 21,386 81,031 371,681 1,589,729

 Total-Outlays Prior Year 448,983 472,543 508,026 346,375 506,447 507,799 ...... 2,790,173

 (On-Budget) 365,312 379,420 447,074 259,080 406,257 407,602 ...... 2,264,744

 (Off-Budget) 83,671 93,123 60,953 87,295 100,190 100,198 ...... 525,428

 Total-Surplus (+) or Deficit (-) Prior Year -165,055 -191,335 -21,303 118,699 -216,590 -192,634 ...... -668,218

 (On-Budget) -152,677 -175,267 -46,480 106,321 -197,471 -182,051 ...... -647,625

 (Off-Budget) -12,379 -16,068 25,177 12,377 -19,118 -10,583 ...... -20,593

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 March 31, 2023

[$ millions]

Trust Receipts, Outlays, and Investments Held:

 Airport and Airway 1,378 606 772 11,073 8,101 2,972 10,818 14,432 15,018

 Black Lung Disability 28 17 10 124 95 28 ...... ...... ......

 Federal Disability Insurance 15,299 13,011 2,289 85,131 75,037 10,093 114,679 122,537 124,871

 Federal Employees Life and Health ...... -465 465 ...... 180 -180 78,297 77,538 78,005

 Federal Employees Retirement 5,608 8,893 -3,285 39,977 51,755 -11,778 1,034,168 988,641 988,697

 Federal Hospital Insurance 30,456 50,914 -20,458 200,025 199,796 229 177,397 198,240 177,505

 Federal Old-Age and Survivors Insurance 90,383 101,675 -11,292 545,195 580,156 -34,962 2,723,601 2,700,015 2,688,801

 Federal Supplementary Medical Insurance 50,555 80,432 -29,877 305,995 296,375 9,620 167,964 207,510 177,044

 Hazardous Substance Superfund 271 155 116 2,173 790 1,383 9,360 10,753 10,882

 Highways 3,811 4,030 -219 19,496 25,113 -5,617 127,547 125,538 124,490

 Military Advances 4,616 3,857 759 27,597 18,731 8,866 ...... ...... ......

 Military Retirement 10,626 12,072 -1,446 167,581 36,740 130,841 1,194,652 1,357,085 1,355,252

 Railroad Retirement 164 1,232 -1,068 5,661 7,777 -2,116 2,454 3,115 2,954

 Unemployment 605 3,305 -2,701 17,444 17,173 271 73,587 72,270 69,390

 Veterans Life Insurance 4 43 -39 26 253 -226 2,012 1,825 1,784

 All Other Trust 945 9 936 4,613 2,703 1,910 35,940 36,575 37,309

 Total Trust Fund Receipts and Outlays and Investments

 Held from Table 6-D 214,748 279,786 -65,038 1,432,110 1,320,774 111,336 5,752,476 5,916,074 5,852,004

 Less: Interfund Transactions 76,564 76,564 ...... 641,342 641,342 ...... ...... ...... ......

 Trust Fund Receipts and Outlays on the Basis of

 Tables 4 & 5 138,184 203,222 -65,038 790,768 679,432 111,336

Total Federal Fund Receipts and Outlays 175,125 488,164 -313,038 1,257,940 2,469,980 -1,212,040

 Less: Interfund Transactions 70 70 ...... 512 512 ......

 Federal Fund Receipts and Outlays on the Basis of

 Table 4 & 5 175,056 488,094 -313,038 1,257,428 2,469,468 -1,212,040

Net Budget Receipts & Outlays 313,240 691,317 -378,076 2,048,196 3,148,900 -1,100,704

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, March 2023 and Other Periods

[$ millions]

Receipts

 Individual Income Taxes 150,520 1,029,384 1,124,485

 Corporation Income Taxes 11,487 139,994 127,259

 Social Insurance and Retirement Receipts:

 Employment and General Retirement 131,292 739,870 667,695

 Unemployment Insurance 579 16,415 27,057

 Other Retirement 681 3,343 3,027

 Excise Taxes 7,741 40,115 38,712

 Estate and Gift Taxes 2,294 21,073 14,275

 Customs Duties 6,152 41,225 48,559

 Miscellaneous Receipts 2,494 16,777 70,884

 Total 313,240 2,048,196 2,121,955

Net Outlays

 National Defense 83,535 407,574 377,106

 International Affairs 6,030 34,403 29,201

 General Science, Space, and Technology 3,647 19,821 17,880

 Energy 741 -1,287 1,204

 Natural Resources and Environment 3,644 21,613 20,444

 Agriculture 1,671 24,249 18,486

 Commerce and Housing Credit 25,809 33,389 7,302

 Transportation 8,966 55,833 61,268

 Community and Regional Development 5,570 29,567 36,545

 Education, Training, Employment, and Social Services 42,106 143,231 88,389

 Health 86,391 450,747 463,418

 Medicare 115,163 404,735 346,618

 Income Security 86,749 441,513 492,374

 Social Security 114,685 655,000 594,001

 Veterans Benefits and Services 40,086 145,165 126,349

 Administration of Justice 6,681 38,821 34,918

 General Government 3,154 18,201 14,691

 Net Interest 66,532 301,263 211,521

 Undistributed Offsetting Receipts -9,842 -74,939 -151,542

 Total 691,317 3,148,900 2,790,173

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

38
Explanatory Notes 

1. Flow of Data into Monthly Treasury Statement

The Monthly Treasury Statement (MTS) is assembled from data in the

central accounting system. The major sources of data include monthly

accounting reports by Federal entities and disbursing officers, and daily

reports from the Federal Reserve banks. These reports detail accounting

transactions affecting receipts and outlays of the Federal Government and

off-budget Federal entities, and their related effect on the assets and

liabilities of the U.S. Government. Information is presented in the MTS on

a modified cash basis. 

2. Notes on Receipts 

Receipts included in the report are classified into the following major

categories: (1) budget receipts and (2) offsetting collections (also called

applicable receipts). Budget receipts are collections from the public that

result from the exercise of the Government's sovereign or governmental

powers, excluding receipts offset against outlays. These collections, also 

called governmental receipts, consist mainly of tax receipts (including

social insurance taxes), receipts from court fines, certain licenses, and

deposits of earnings by the Federal Reserve System. Refunds of receipts

are treated as deductions from gross receipts. 

Offsetting collections are from other Government accounts or the public

that are of a business-type or market-oriented nature. They are classified

into two major categories: (1) offsetting collections credited to

appropriations or fund accounts, and (2) offsetting receipts (i.e., amounts

deposited in receipt accounts). Collections credited to appropriation or

fund accounts normally can be used without appropriation action by

Congress. These occur in two instances: (1) when authorized by law,

amounts collected for materials or services are treated as

reimbursements to appropriations and (2) in the three types of revolving

funds (public enterprise, intra governmental, and trust); collections are

netted against spending, and outlays are reported as the net amount. 

Offsetting receipts in receipt accounts cannot be used without being

appropriated. They are subdivided into two categories: (1) proprietary

receipts - these collections are from the public and they are offset against 

outlays by agency and by function, and (2) intra governmental funds -

these are payments into receipt accounts from Governmental

appropriation or fund accounts. The transactions may be intrabudgetary

when the payment and receipt both occur within the budget or from

receipts from off-budget Federal entities in those cases where payment is

made by a Federal entity whose budget authority and outlays are excluded

from the budget totals. 

Intrabudgetary transactions are subdivided into three categories: (1)

interfund transactions, where the payments are from one fund group

(either Federal funds or trust funds) to a receipt account in the other fund

group; (2) Federal intrafund transactions, where the payments and 

receipts both occur within the Federal fund group; and (3) trust intrafund

transactions, where the payments and receipts both occur within the trust

fund group.

Offsetting receipts are generally deducted from budget authority and

outlays by function, by subfunction, or by agency. There are four types of

receipts, however, that are deducted from budget totals as undistributed 

offsetting receipts. They are: (1) agencies' payments (including payments

by off-budget Federal entities) as employers into employees retirement

funds, (2) interest received by trust funds, (3) rents and royalties on the

Outer Continental Shelf lands, and (4) other interest (i.e., interest collected

on Outer Continental Shelf money in deposit funds when such money is

transferred into the budget). 

3. Notes on Outlays

Outlays are generally accounted for on the basis of checks issued,

electronic funds transferred, or cash payments made. Certain outlays do

not require issuance of cash or checks. An example is charges made

against appropriations for that part of employees' salaries withheld for 

taxes or savings bond allotments - these are counted as payments to the

employee and credits for whatever purpose the money was withheld.

Outlays are stated net of offsetting collections (including receipts of

revolving and management funds) and of refunds. Interest on the public

debt (public issues) is recognized on the accrual basis. Federal credit 

programs subject to the Federal Credit Reform Act of 1990 use the cash

basis of accounting and are divided into two components. The portion of

the credit activities that involve a cost to the Government (mainly

subsidies) is included within the budget program accounts. The remaining

portion of the credit activities are in non-budget financing accounts.

Outlays of off-budget Federal entities are excluded by law from budget

totals. However, they are shown separately and combined with the onbudget outlays to display total Federal outlays. 

4. Processing

The data on payments and collections are reported by account symbol

into the central accounting system. In turn, the data are extracted from 

this system for use in the preparation of the MTS. 

There are two major checks which are conducted to assure consistency

of the data reported: 

1. Verification of payment data. The monthly payment activity reported by

Federal entities on the Statements of Transactions is compared to the

payment activity of Federal entities as reported by disbursing officers. 

2. Verification of collection data. Reported collections appearing on

Statements of Transactions are compared to deposits as reported by

Federal Reserve Banks. 

5. Other Sources of Information About Federal Government 

Financial Activities

 A Glossary of Terms Used in the Federal Budget Process, 

2005 (Available from the U.S. Government Accountability Office, at 

calling

202-512-6000. This glossary provides a basic reference 

document of standardized definitions of terms used by the Federal 

Government in the budget making process).

 Daily Treasury Statement (Available on the 

internet at http://www.fms.treas.gov/dts/). The Daily 

Treasury Statement is published each working day of the Federal 

Government and provides data on the cash and debt operations of the 

Treasury.

 Monthly Statement of the Public Debt of the United States (Available

on the internet at http://www.treasurydirect.gov/govt/reports/

pd/ mspd/mspd.htm). This publication provides detailed 

information concerning the public debt.

 Treasury Bulletin (Available from GPO, Washington, D.C. 20401 on 

a subscription or single copy and on the 

internet at http://www.fiscal.treasury.gov/reports-statements/

treasury-bulletin/. Quarterly, contains a mix of narrative, tables, 

and charts on Treasury issues, Federal financial operations, 

international statistics, and special reports.

 Budget of the United States Government, Fiscal Year 20__ (Available

from GPO, Washington, D.C. 20401 on a subscription basis only and

on the internet at http://www.access.gpo.gov/usbudget). 

This publication is a single volume which provides budget information 

and contains:

- Appendix, The Budget of the United States Government, 

FY 20

- The United States Budget in Brief, FY 20

- Analytical Perspectives

- Historical Tables

 Combined Statement of Receipts, Outlays, and Balances of the

United States Government (Available from Bureau of the Fiscal

Service, U.S. Department of Treasury, Washington, D.C. 20227 

and on the internet at http://www.fiscal.treasury.gov/reportsstatements/combined-statement/). 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 April 2023 Statement 

will be 2:00 p.m. EST May 10, 2023.

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