1

 

Monthly Treasury Statement 

of Receipts and Outlays 

of the United States Government 

For Fiscal Year 2015 Through December 31, 2014, and Other Periods 

Highlights 

This issue includes the semi-annual interest payment to trust funds investing in government securities. 

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

December since January 1, 2015, the normal payment date, is a holiday. 

Compiled and Published by 

Department of the Treasury 

 Bureau of the Fiscal Service 

Surplus $2
2

Contents 

Summary page 2 Receipts/outlays by month page 32

Receipts page 6 Federal trust funds/securities page 34 

Outlays page 7 Receipts by source/outlays by function page 34

Means of financing page 20 Explanatory notes page 35

Introduction 

The Monthly Treasury Statement of Receipts and Outlays of the United 

States Government (MTS) is prepared by the Bureau of 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. 

Table 1. Summary of Receipts, Outlays, and the Deficit/Surplus of the U.S. Government, Fiscal Years 2014 and 2015,

 by Month 

[$ millions] 

Period Receipts Outlays Deficit/Surplus (-) 

FY 2014 

 October ................................................................... 198,927 289,511 90,584 

 November ............................................................... 182,453 317,679 135,226 

 December ............................................................... 285,041 231,821 -53,220 

 January ................................................................... 295,997 306,247 10,250 

 February ................................................................. 144,349 337,880 193,532 

 March ..................................................................... 215,846 252,741 36,895 

 April ........................................................................ 414,237 307,383 -106,853 

 May ......................................................................... 199,889 329,860 129,971 

 June ........................................................................ 323,646 253,127 -70,519 

 July ......................................................................... 214,493 309,113 94,621 

 August .................................................................... 194,248 322,925 128,677 

 September .............................................................. 1351,244 1245,418 -105,826 

 Year-to-Date ........................................................ 3,020,370 3,503,706 483,336 

FY 2015 

 October ................................................................... 212,719 334,432 121,713 

 November ............................................................... 191,436 248,254 56,818 

 December ............................................................... 335,327 333,460 -1,867 

 Year-to-Date ........................................................ 739,482 916,146 176,664 

1Receipts and outlays have been decreased by $439 million to reflect additional reporting by 

the Department of Labor for September 2014. 

Note: Details may not add to totals due to rounding. 
3

Table 2. Summary of Budget and Off-Budget Results and Financing of the U.S. Government, December 2014 and 

 Other Periods 

[$ millions] 

Classification This 

Month 

Current 

Fiscal 

Year to Date 

Budget 

Estimates Full Fiscal 

Year1

Prior 

Fiscal Year 

to Date 

(2014) 

Budget 

Estimates 

Next Fiscal Year 

(2016)1

Total On-Budget and Off-Budget Results: 

Total Receipts ....................................................................................................... 335,327 739,482 3,337,584 666,421 3,552,175 

 On-Budget Receipts .......................................................................................... 280,293 575,926 2,576,553 507,579 2,747,105 

 Off-Budget Receipts ........................................................................................... 55,034 163,556 761,031 158,842 805,070 

Total Outlays ........................................................................................................ 333,460 916,146 3,862,799 839,011 4,076,764 

 On-Budget Outlays ............................................................................................ 311,585 761,615 3,109,620 690,540 3,270,895 

 Off-Budget Outlays ............................................................................................. 21,875 154,530 753,179 148,471 805,869 

Total Surplus (+) or Deficit (-)................................................................................ +1,867 -176,664 -525,215 -172,590 -524,589 

 On-Budget Surplus (+) or Deficit (-) ................................................................... -31,292 -185,689 -533,067 -182,961 -523,790 

 Off-Budget Surplus (+) or Deficit (-) .................................................................... +33,159 +9,025 +7,852 +10,371 -799 

Total On-Budget and Off-Budget Financing .......................................................... -1,867 176,664 525,215 172,590 524,589 

Means of Financing: 

 Borrowing from the Public ................................................................................... 101,553 240,493 654,750 370,937 657,576 

 Reduction of Operating Cash, Increase (-) .......................................................... -115,182 -65,151 ...... -74,013 ...... 

 By Other Means .................................................................................................. 11,761 1,322 -129,535 -124,334 -132,987 

1

These estimates are based on the Mid-Session Review of the FY 2015 Budget, released by

the Office of Management and Budget on July 11, 2014.

... No Transactions

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

Figure 1. Monthly Receipts, Outlays, and Budget Deficit/Surplus of the U.S. Government, Fiscal Years 2014 and 2015

Figure 2. Cumulative Monthly Receipts, Outlays, and Budget Deficit/Surplus of the U.S. Government, 

 Fiscal Years 2014 and 2015
4

Figure 3. Monthly Receipts of the U.S. Government, by Source, Fiscal Years 2014 and 2015 

Figure 4. Monthly Outlays of the U.S. Government, by Function, Fiscal Years 2014 and 2015
5

Table 3. Summary of Receipts and Outlays of the U.S. Government, December 2014 and Other Periods 

[$ millions] 

Classification This 

Month 

Current 

Fiscal 

Year to Date 

Comparable 

Prior Period 

Year to Date 

Budget 

Estimates 

Full Fiscal Year1

 

Budget Receipts 

Individual Income Taxes ......................................................................................................... 145,029 337,648 306,426 1,530,511 

Corporation Income Taxes ...................................................................................................... 84,231 97,042 69,260 442,225 

Social Insurance and Retirement Receipts: 

 Employment and General Retirement (Off-Budget) .............................................................. 55,034 163,556 158,842 761,031 

 Employment and General Retirement (On-Budget) .............................................................. 19,589 57,329 57,375 236,811 

 Unemployment Insurance ..................................................................................................... 770 7,171 8,401 55,687 

 Other Retirement .................................................................................................................. 285 858 839 3,860 

Excise Taxes .......................................................................................................................... 6,567 19,752 19,208 110,698 

Estate and Gift Taxes ............................................................................................................. 1,990 4,916 5,287 19,189 

Customs Duties ...................................................................................................................... 2,791 9,240 8,847 37,042 

Miscellaneous Receipts .......................................................................................................... 19,040 41,970 31,936 140,530 

 Total Receipts ................................................................................................................... 335,327 739,482 666,421 3,337,584 

 (On-Budget) ..................................................................................................................... 280,293 575,926 507,579 2,576,553 

 (Off-Budget)..................................................................................................................... 55,034 163,556 158,842 761,031 

Budget Outlays 

Legislative Branch .................................................................................................................. 376 1,090 1,030 4,694 

Judicial Branch ....................................................................................................................... 629 1,701 1,638 7,584 

Department of Agriculture ....................................................................................................... 14,280 44,293 45,652 141,545 

Department of Commerce ....................................................................................................... 697 2,039 1,806 9,676 

Department of Defense-Military Programs .............................................................................. 57,216 153,953 154,490 568,665 

Department of Education ........................................................................................................ 5,504 15,525 13,980 80,816 

Department of Energy ............................................................................................................. 2,259 6,581 6,332 30,358 

Department of Health and Human Services ............................................................................ 88,603 251,377 224,137 1,016,170 

Department of Homeland Security .......................................................................................... 4,753 11,754 10,865 47,416 

Department of Housing and Urban Development ................................................................... 2,943 8,805 9,524 38,622 

Department of the Interior ....................................................................................................... 944 2,514 2,588 13,755 

Department of Justice ............................................................................................................. 8,825 5,189 7,222 33,847 

Department of Labor ............................................................................................................... 5,265 8,536 16,528 63,255 

Department of State ................................................................................................................ 2,601 6,944 7,067 29,442 

Department of Transportation ................................................................................................. 5,853 18,326 19,870 84,573 

Department of the Treasury: 

 Interest on Treasury Debt Securities (Gross) ........................................................................ 86,460 118,589 125,838 453,660 

 Other .................................................................................................................................... -3,429 4,700 -32,167 94,495 

Department of Veterans Affairs ............................................................................................... 18,847 43,555 40,727 158,479 

Corps of Engineers ................................................................................................................. 684 1,733 1,767 6,894 

Other Defense Civil Programs ................................................................................................ 10,213 22,031 20,501 57,309 

Environmental Protection Agency ........................................................................................... 853 2,516 2,133 8,379 

Executive Office of the President ............................................................................................ 33 89 86 506 

General Services Administration ............................................................................................. 3 -233 -104 489 

International Assistance Program ........................................................................................... 2,319 6,595 4,659 24,632 

National Aeronautics and Space Administration ..................................................................... 2,329 5,074 4,465 18,076 

National Science Foundation .................................................................................................. 503 1,454 1,637 8,149 

Office of Personnel Management ........................................................................................... 7,358 22,627 21,530 94,320 

Small Business Administration ................................................................................................ 69 193 266 1,057 

Social Security Administration ................................................................................................ 81,619 234,122 224,807 956,453 

Other Independent Agencies .................................................................................................. -1,326 4,131 -1,830 19,164 

Allowances ............................................................................................................................. ...... ...... ...... 44,969 

Undistributed Offsetting Receipts: 

 Interest.................................................................................................................................. -67,500 -58,684 -66,544 -152,124 

 Other .................................................................................................................................... -6,322 -30,977 -31,492 -102,526 

 Total Outlays ..................................................................................................................... 333,460 916,146 839,011 3,862,799 

 (On-Budget) ..................................................................................................................... 311,585 761,615 690,540 3,109,620 

 (Off-Budget)..................................................................................................................... 21,875 154,530 148,471 753,179 

 Surplus (+) or Deficit (-) .................................................................................................... +1,867 -176,664 -172,590 -525,215 

 (On-Budget) ..................................................................................................................... -31,292 -185,689 -182,961 -533,067 

 (Off-Budget)..................................................................................................................... +33,159 +9,025 +10,371 +7,852 

1

These estimates are based on the Mid-Session Review of the FY 2015 Budget, released 

by the Office of Management and Budget on July 11, 2014.

... No Transactions

Note: Details may not add to totals due to rounding. 
6

Table 4. Receipts of the U.S. Government, December 2014 and Other Periods

[$ millions] 

Classification 

This Month Current Fiscal Year to Date Prior Fiscal Year to Date 

Gross 

Receipts 

Refunds 

(Deduct) Receipts Gross Receipts 

Refunds 

(Deduct) Receipts Gross Receipts 

Refunds 

(Deduct) Receipts 

Individual Income Taxes: 

 Withheld .......................................................................................................... 1133,918 314,969 291,222

 Presidential Election Campaign Fund ............................................................. (**) 2 2

 Other .............................................................................................................. 14,525 42,032 33,626

 Total--Individual Income Taxes .................................................................. 148,444 3,414 145,029 357,003 19,355 337,648 324,850 18,424 306,426

Corporation Income Taxes ............................................................................. 87,471 3,240 84,231 107,810 10,768 97,042 79,714 10,454 69,260

Social Insurance and Retirement Receipts: 

 Employment and General Retirement: 

 Federal Old-Age and Survivors Ins. Trust Fund: 

 Federal Insurance Contributions Act Taxes ................................................ 50,963 ...... 50,963 143,352 ...... 143,352 137,067 ...... 137,067

 Self-Employment Contributions Act Taxes .................................................. 461 ...... 461 840 ...... 840 804 ...... 804

 Adjustments Attributable to Prior Years ...................................................... 1-4,376 ...... -4,376 -4,376 ...... -4,376 -2,083 ...... -2,083

 Total--FOASI Trust Fund .......................................................................... 47,048 ...... 47,048 139,816 ...... 139,816 135,788 ...... 135,788

 Federal Disability Insurance Trust Fund: 

 Federal Insurance Contributions Act Taxes ................................................ 8,653 ...... 8,653 24,343 ...... 24,343 23,275 ...... 23,275

 Self-Employment Contributions Act Taxes .................................................. 79 ...... 79 143 ...... 143 137 ...... 137

 Adjustments Attributable to Prior Years ...................................................... 1-746 ...... -746 -746 ...... -746 -358 ...... -358

 Total--FDI Trust Fund ............................................................................... 7,986 ...... 7,986 23,740 ...... 23,740 23,054 ...... 23,054

 Federal Hospital Insurance Trust Fund: 

 Federal Insurance Contributions Act Taxes ................................................ 20,411 ...... 20,411 57,045 ...... 57,045 55,220 ...... 55,220

 Self-Employment Contributions Act Taxes .................................................. 234 ...... 234 405 ...... 405 377 ...... 377

 Adjustments Attributable to Prior Years ...................................................... 1-1,512 ...... -1,512 -1,512 ...... -1,512 439 ...... 439

 Total--FHI Trust Fund ............................................................................... 19,133 ...... 19,133 55,938 ...... 55,938 56,036 ...... 56,036

 Railroad Retirement : 

 Rail Pension and Supplemental Annuity ..................................................... 218 (**) 218 653 (**) 652 617 (**) 617

 Social Security Equivalent Account ............................................................. 238 (**) 238 739 (**) 739 722 (**) 722

 Total--Employment and General Retirement: ............................................ 74,622 -1 74,623 220,885 (**) 220,885 216,217 (**) 216,217

 Unemployment Insurance: 

 Deposits by States ........................................................................................ 720 ...... 720 6,489 ...... 6,489 7,752 ...... 7,752

 Federal Unemployment Tax Act Taxes ......................................................... 55 5 50 683 9 674 650 9 640

 Railroad Unemployment Taxes ..................................................................... (**) ...... (**) 9 ...... 9 9 ...... 9

 Total--Unemployment Insurance ................................................................. 774 5 770 7,180 9 7,171 8,411 9 8,401

 Other Retirement: 

 Federal Employees Retirement - Employee Share ....................................... 283 ...... 283 852 ...... 852 833 ...... 833

 Non-Federal Employees Retirement ............................................................. 2 ...... 2 6 ...... 6 7 ...... 7

 Total--Other Retirement .............................................................................. 285 ...... 285 858 ...... 858 839 ...... 839

 Total--Social Insurance and Retirement Receipts ................................ 75,682 4 75,678 228,923 9 228,914 225,467 9 225,458

Excise Taxes: 

 Miscellaneous Excise Taxes ........................................................................... 2,362 130 2,232 9,296 260 9,036 9,592 515 9,077

 Airport and Airway Trust Fund ........................................................................ 1,065 ...... 1,065 2,623 ...... 2,623 2,456 ...... 2,456

 Highway Trust Fund ........................................................................................ 3,223 ...... 3,223 7,977 ...... 7,977 7,561 ...... 7,561

 Black Lung Disability Trust Fund..................................................................... 47 ...... 47 116 ...... 116 114 ...... 114

 Total--Excise Taxes .................................................................................... 6,697 130 6,567 20,012 260 19,752 19,723 515 19,208

Estate and Gift Taxes ..................................................................................... 2,099 109 1,990 5,160 244 4,916 5,536 249 5,287

Customs Duties .............................................................................................. 2,945 154 2,791 9,619 379 9,240 9,164 317 8,847

Miscellaneous Receipts: 

 Deposits of Earnings by Federal Reserve Banks ............................................ 9,296 ...... 9,296 25,417 ...... 25,417 22,291 ...... 22,291

 Universal Service Fund ................................................................................... 794 ...... 794 2,340 ...... 2,340 2,394 ...... 2,394

 All Other .......................................................................................................... 28,951 1 8,950 14,219 5 14,214 7,262 11 7,251

 Total -- Miscellaneous Receipts ................................................................. 19,041 1 19,040 41,975 5 41,970 31,947 11 31,936

 Total -- Receipts .......................................................................................... 342,379 7,052 335,327 770,502 31,020 739,482 696,402 29,981 666,421

 Total -- On-Budget ...................................................................................... 287,345 7,052 280,293 606,946 31,020 575,926 537,560 29,981 507,579

 Total -- Off-Budget ...................................................................................... 55,034 ...... 55,034 163,556 ...... 163,556 158,842 ...... 158,842

1In accordance with the Social Security Act as amended: “Individual income taxes, Withheld” 

have been increased and “Federal Insurance Contribution Act Taxes” correspondingly 

decreased by $5.838 million to correct estimates for the quarter ending December, 2013. 

 “Individual income taxes, Other” have increased and “Self-Employment Contribution Act 

Taxes” correspondingly decreased by $797 million to correct estimates for calendar year 

2012 and prior.

2The $5 billion Financial Institutions Reform, Recovery and Enforcement Act (FIRREA) 

penalty, reported in October under a suspense account and related to the Justice 

Department settlement with Bank of America for financial fraud leading up to and during the 

financial crisis, has been reclassified from budget outlays to budget receipts.

... No Transactions

(**) Less than $500,000

Note: Details may not add to totals due to rounding. 
7

Table 5. Outlays of the U.S. Government, December 2014 and Other Periods —Continued

[$ millions] 

Classification 

This Month Current Fiscal Year to Date Prior Fiscal Year to Date 

Gross 

Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays 

Legislative Branch: 

 Senate ..................................................................................................................... 69 (**) 69 213 (**) 213 202 1 202

 House of Representatives ........................................................................................ 119 (**) 119 326 (**) 326 319 1 319

 Joint Items ............................................................................................................... 1 ...... 1 4 ...... 4 4 ...... 4

 Capitol Police ........................................................................................................... 28 ...... 28 81 ...... 81 74 ...... 74

 Congressional Budget Office ................................................................................... 4 ...... 4 11 ...... 11 9 ...... 9

 Architect of the Capitol ............................................................................................. 47 (**) 46 134 1 133 109 1 109

 Library of Congress ................................................................................................. 44 1 44 153 3 150 139 3 136

 Government Printing Office ...................................................................................... 17 ...... 17 26 ...... 26 42 ...... 42

 Government Accountability Office ............................................................................ 43 ...... 43 123 ...... 123 115 ...... 115

 United States Tax Court........................................................................................... 4 ...... 4 12 ...... 12 11 ...... 11

 Other Legislative Branch Agencies .......................................................................... 10 ...... 10 20 ...... 20 15 ...... 15

 Proprietary Receipts from the Public ........................................................................ ...... 3 -3 ...... 4 -4 ...... 4 -4

 Intrabudgetary Transaction ...................................................................................... -5 ...... -5 -6 ...... -6 -3 ...... -3

 Total--Legislative Branch .................................................................................... 380 4 376 1,099 8 1,090 1,039 9 1,030

Judicial Branch: 

 Supreme Court of the United States ........................................................................ 11 ...... 11 20 ...... 20 20 ...... 20

 Courts of Appeals, District Courts, and Other 

 Judicial Services ..................................................................................................... 542 ...... 542 1,668 ...... 1,668 1,602 ...... 1,602

 Other ....................................................................................................................... 27 ...... 27 111 ...... 111 113 ...... 113

 Proprietary Receipts from the Public ........................................................................ ...... 4 -4 ...... 35 -35 ...... 36 -36

 Intrabudgetary Transactions .................................................................................... 52 ...... 52 -63 ...... -63 -61 ...... -61

 Total--Judicial Branch ......................................................................................... 633 4 629 1,737 35 1,701 1,674 36 1,638

Department of Agriculture: 

 Agricultural Research Service .................................................................................. 68 ...... 68 263 ...... 263 249 ...... 249

 National Institute of Food and Agriculture: 

 Research and Education Activities ......................................................................... 53 ...... 53 169 ...... 169 193 ...... 193

 Extension Activities ................................................................................................ 26 ...... 26 112 ...... 112 139 ...... 139

 Other ..................................................................................................................... 6 ...... 6 20 ...... 20 23 ...... 23

 Animal and Plant Health Inspection Service ............................................................ 94 ...... 94 246 ...... 246 227 ...... 227

 Food Safety and Inspection Service ........................................................................ 80 ...... 80 222 ...... 222 223 ...... 223

 Agricultural Marketing Service ................................................................................. 115 ...... 115 307 ...... 307 132 ...... 132

 Risk Management Agency: 

 Administrative and Operating Expenses ................................................................ 5 ...... 5 14 ...... 14 15 ...... 15

 Federal Crop Insurance Corporation Fund ............................................................. 1,255 2 1,252 4,356 4 4,351 4,857 30 4,827

 Farm Service Agency: 

 Salaries and Expenses .......................................................................................... 125 ...... 125 341 ...... 341 314 ...... 314

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

 Agricultural Disaster Relief Fund ............................................................................ (**) ...... (**) -1 ...... -1 10 ...... 10

 Commodity Credit Corporation .............................................................................. 2,355 716 1,639 8,758 1,299 7,458 10,420 1,431 8,990

 Tobacco Trust Fund ............................................................................................... -157 ...... -157 39 ...... 39 239 ...... 239

 Agricultural Credit Insurance Fund ......................................................................... 5 21 -15 15 35 -21 15 46 -31

 Other ..................................................................................................................... 3 ...... 3 14 ...... 14 7 ...... 7

 Total--Farm Service Agency ................................................................................ 2,331 737 1,595 9,166 1,335 7,831 11,005 1,477 9,528

 Natural Resources Conservation Service: 

 Conservation Operations ....................................................................................... 68 ...... 68 179 ...... 179 185 ...... 185

 Farm Security and Rural Investment Programs ..................................................... 512 ...... 512 977 ...... 977 1,004 ...... 1,004

 Other ..................................................................................................................... 6 ...... 6 36 ...... 36 24 ...... 24

 Rural Development .................................................................................................. 11 ...... 11 22 ...... 22 15 ...... 15

 Rural Housing Service: 

 Rural Housing Insurance Fund .............................................................................. 55 -11 67 149 128 21 133 144 -11

 Rental Assistance Program ................................................................................... 105 ...... 105 299 ...... 299 290 ...... 290

 Other ..................................................................................................................... 11 ...... 11 33 ...... 33 32 ...... 32

 Rural Utilities Service: 

 Rural Electrification and Telecommunications Fund .............................................. 51 -159 210 68 110 -42 51 146 -95

 Other ..................................................................................................................... 107 18 89 269 38 230 302 50 252

 Foreign Agricultural Service ..................................................................................... 49 ...... 49 358 ...... 358 346 ...... 346

 Food and Nutrition Service: 

 Supplemental Nutrition Assistance Program .......................................................... 6,627 ...... 6,627 19,430 ...... 19,430 19,813 ...... 19,813

 Child Nutrition Programs ........................................................................................ 2,224 ...... 2,224 6,111 ...... 6,111 5,415 ...... 5,415

 Special Supplemental Nutrition Program for 

 Women, Infants, and Children (WIC) .................................................................... 627 ...... 627 1,651 ...... 1,651 1,537 ...... 1,537

 Other ..................................................................................................................... 36 ...... 36 105 ...... 105 65 ...... 65

 Total--Food and Nutrition Service ........................................................................ 9,515 ...... 9,515 27,296 ...... 27,296 26,829 ...... 26,829

 Forest Service: 

 National Forest System.......................................................................................... 126 ...... 126 379 ...... 379 323 ...... 323

 Capital Improvement and Maintenance ................................................................. 29 ...... 29 95 ...... 95 87 ...... 87

 Wildland Fire Management .................................................................................... 122 ...... 122 511 ...... 511 484 ...... 484

 Forest Service Permanent Appropriations ............................................................. 10 ...... 10 40 ...... 40 36 ...... 36

 Other ..................................................................................................................... 84 ...... 84 231 ...... 231 218 ...... 218

 Total--Forest Service ........................................................................................... 371 ...... 371 1,256 ...... 1,256 1,149 ...... 1,149

 Other ....................................................................................................................... 44 10 34 275 17 259 226 12 214

 Proprietary Receipts from the Public ........................................................................ ...... 125 -125 ...... 273 -273 ...... 222 -222

 Intrabudgetary Transactions .................................................................................... 63 ...... 63 108 ...... 108 85 ...... 85

 Total--Department of Agriculture ........................................................................ 15,001 722 14,280 46,199 1,906 44,293 47,734 2,082 45,652
8

Table 5. Outlays of the U.S. Government, December 2014 and Other Periods —Continued

[$ millions] 

Classification 

This Month Current Fiscal Year to Date Prior Fiscal Year to Date 

Gross 

Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays 

Department of Commerce: 

 Economic Development Administration ................................................................... 28 5 23 63 5 58 77 1 75

 Bureau of the Census .............................................................................................. 83 ...... 83 263 ...... 263 235 ...... 235

 International Trade Administration ........................................................................... 42 ...... 42 101 ...... 101 91 ...... 91

 National Oceanic and Atmospheric Administration .................................................. 492 (**) 492 1,311 38 1,273 1,213 21 1,192

 National Institute of Standards and Technology ....................................................... 73 ...... 73 211 ...... 211 187 ...... 187

 National Telecommunication and Information Administration ................................... 28 ...... 28 69 ...... 69 156 ...... 156

 Other ....................................................................................................................... -4 12 -16 87 34 54 -122 20 -142

 Proprietary Receipts from the Public ........................................................................ ...... 18 -18 ...... -4 4 ...... -6 6

 Intrabudgetary Transactions .................................................................................... -9 ...... -9 7 ...... 7 6 ...... 6

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

 Total--Department of Commerce ........................................................................ 733 36 697 2,112 73 2,039 1,843 37 1,806

Department of Defense-Military Programs: 

 Military Personnel: 

 Department of the Army ......................................................................................... 6,731 ...... 6,731 19,271 ...... 19,271 19,803 ...... 19,803

 Department of the Navy ......................................................................................... 5,237 ...... 5,237 14,705 ...... 14,705 14,783 ...... 14,783

 Department of the Air Force ................................................................................... 3,612 ...... 3,612 10,780 ...... 10,780 11,043 ...... 11,043

 Defense Agencies .................................................................................................. (**) ...... (**) 6,197 ...... 6,197 6,337 ...... 6,337

 Total--Military Personnel ...................................................................................... 15,581 ...... 15,581 50,954 ...... 50,954 51,967 ...... 51,967

 Operation and Maintenance: 

 Department of the Army ......................................................................................... 5,868 ...... 5,868 16,823 ...... 16,823 18,042 ...... 18,042

 Department of the Navy ......................................................................................... 4,389 ...... 4,389 12,910 ...... 12,910 12,579 ...... 12,579

 Department of the Air Force ................................................................................... 4,882 ...... 4,882 13,039 ...... 13,039 11,997 ...... 11,997

 Defense Agencies .................................................................................................. 5,714 ...... 5,714 15,504 ...... 15,504 15,774 ...... 15,774

 Total--Operation and Maintenance ....................................................................... 20,854 ...... 20,854 58,276 ...... 58,276 58,392 ...... 58,392

 International Reconstruction and Other Assistance: 

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

 Procurement: 

 Department of the Army ......................................................................................... 1,724 ...... 1,724 5,138 ...... 5,138 6,202 ...... 6,202

 Department of the Navy ......................................................................................... 4,292 ...... 4,292 10,559 ...... 10,559 11,240 ...... 11,240

 Department of the Air Force ................................................................................... 6,896 ...... 6,896 10,143 ...... 10,143 5,823 ...... 5,823

 Defense Agencies .................................................................................................. 983 ...... 983 2,080 ...... 2,080 1,671 ...... 1,671

 Total--Procurement .............................................................................................. 13,895 ...... 13,895 27,921 ...... 27,921 24,936 ...... 24,936

 Research, Development, Test, and Evaluation: 

 Department of the Army ......................................................................................... 698 ...... 698 1,726 ...... 1,726 2,016 ...... 2,016

 Department of the Navy ......................................................................................... 1,403 ...... 1,403 3,841 ...... 3,841 3,823 ...... 3,823

 Department of the Air Force ................................................................................... 2,870 ...... 2,870 5,657 ...... 5,657 5,644 ...... 5,644

 Defense Agencies .................................................................................................. 1,082 ...... 1,082 3,680 ...... 3,680 4,109 ...... 4,109

 Total--Research, Development, Test, and Evaluation .......................................... 6,054 ...... 6,054 14,904 ...... 14,904 15,593 ...... 15,593

 Military Construction: 

 Department of the Army ......................................................................................... 298 ...... 298 704 ...... 704 609 ...... 609

 Department of the Navy ......................................................................................... 178 ...... 178 530 ...... 530 569 ...... 569

 Department of the Air Force ................................................................................... 82 ...... 82 220 ...... 220 344 ...... 344

 Defense Agencies .................................................................................................. 333 ...... 333 849 ...... 849 995 ...... 995

 Total--Military Construction .................................................................................. 892 ...... 892 2,303 ...... 2,303 2,518 ...... 2,518

 Family Housing: 

 Department of the Army ......................................................................................... 57 ...... 57 117 ...... 117 106 ...... 106

 Department of the Navy ......................................................................................... 25 ...... 25 76 ...... 76 89 ...... 89

 Department of the Air Force ................................................................................... 21 ...... 21 69 ...... 69 106 ...... 106

 Defense Agencies .................................................................................................. 4 1 3 20 4 16 34 1 32

 Revolving and Management Funds: 

 Department of the Navy ......................................................................................... 42 ...... 42 174 ...... 174 253 ...... 253

 Defense Agencies: 

 Working Capital Fund .......................................................................................... 190 ...... 190 -287 ...... -287 944 ...... 944

 Other.................................................................................................................... 87 ...... 87 64 ...... 64 88 ...... 88

 Allowances .............................................................................................................. (**) ...... (**) (**) ...... (**) -16 ...... -16

 Trust Funds: 

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

 Department of the Navy ......................................................................................... 3 ...... 3 6 ...... 6 7 ...... 7

 Department of the Air Force ................................................................................... 5 (**) 5 11 (**) 10 1 (**) 1

 Defense Agencies .................................................................................................. 4 ...... 4 49 ...... 49 100 ...... 100

 Proprietary Receipts from the Public: 

 Department of the Army ......................................................................................... ...... 527 -527 ...... 582 -582 ...... 606 -606

 Department of the Navy ......................................................................................... ...... -177 177 ...... 16 -16 ...... 37 -37

 Department of the Air Force ................................................................................... ...... -41 41 ...... -119 119 ...... -50 50

 Defense Agencies .................................................................................................. ...... 22 -22 ...... 195 -195 ...... 266 -266

 Intrabudgetary Transactions: 

 Department of the Army ......................................................................................... -7 ...... -7 3 ...... 3 65 ...... 65

 Department of the Navy ......................................................................................... 8 ...... 8 -59 ...... -59 11 ...... 11

 Department of the Air Force ................................................................................... -63 ...... -63 -8 ...... -8 47 ...... 47

 Defense Agencies .................................................................................................. -102 ...... -102 38 ...... 38 107 ...... 107

 Offsetting Governmental Receipts: 

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

 Total--Department of Defense--Military Programs .......................................... 57,549 333 57,216 154,633 679 153,953 155,350 861 154,490
9

Table 5. Outlays of the U.S. Government, December 2014 and Other Periods —Continued

[$ millions] 

Classification 

This Month Current Fiscal Year to Date Prior Fiscal Year to Date 

Gross 

Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays 

Department of Education: 

 Office of Elementary and Secondary Education: 

 Accelerating Achievement and Ensuring Equity ..................................................... 1,781 ...... 1,781 3,749 ...... 3,749 3,828 ...... 3,828

 Impact Aid .............................................................................................................. 83 ...... 83 323 ...... 323 307 ...... 307

 Education Improvement Programs ......................................................................... 373 ...... 373 1,009 ...... 1,009 1,159 ...... 1,159

 State Fiscal Stabilization Fund, Recovery Act ........................................................ 98 ...... 98 253 ...... 253 356 ...... 356

 Other ..................................................................................................................... 29 ...... 29 79 ...... 79 85 ...... 85

 Total--Office of Elementary and Secondary Education ........................................ 2,364 ...... 2,364 5,412 ...... 5,412 5,735 ...... 5,735

 Office of Innovation and Improvement ..................................................................... 128 ...... 128 369 ...... 369 327 ...... 327

 Office of English Language Acquisition .................................................................... 56 ...... 56 149 ...... 149 228 ...... 228

 Office of Special Education and Rehabilitative Services: 

 Special Education .................................................................................................. 1,067 ...... 1,067 2,812 ...... 2,812 3,117 ...... 3,117

 Rehabilitation Services and Disability Research .................................................... 309 ...... 309 927 ...... 927 846 ...... 846

 Special Institutions for Persons with Disabilities .................................................... 10 ...... 10 43 ...... 43 51 ...... 51

 Office of Vocational and Adult Education ................................................................. 147 ...... 147 395 ...... 395 395 ...... 395

 Office of Postsecondary Education: 

 Higher Education ................................................................................................... 177 ...... 177 539 ...... 539 573 ...... 573

 Other ..................................................................................................................... (**) (**) (**) 45 4 42 67 4 62

 Total--Office of Postsecondary Education ............................................................ 177 (**) 177 584 4 580 639 4 635

 Office of Federal Student Aid: 

 Student Financial Assistance ................................................................................. 1,030 ...... 1,030 5,846 ...... 5,846 6,147 ...... 6,147

 Student Aid Administration ..................................................................................... 99 ...... 99 303 ...... 303 312 ...... 312

 Federal Family Education Loans............................................................................ -27 ...... -27 -66 ...... -66 -45 ...... -45

 Other ..................................................................................................................... (**) 1 -1 2 2 (**) 2 ...... 2

 Total--Office of Federal Student Aid ..................................................................... 1,103 1 1,102 6,084 2 6,082 6,416 ...... 6,416

 Institute of Education Sciences ................................................................................ 59 ...... 59 141 ...... 141 155 ...... 155

 Departmental Management ..................................................................................... 44 ...... 44 130 ...... 130 144 ...... 144

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

 Proprietary Receipts from the Public ........................................................................ ...... -40 40 ...... 1,509 -1,509 ...... 4,137 -4,137

 Intrabudgetary Transactions .................................................................................... -1 ...... -1 -7 ...... -7 68 ...... 68

 Total--Department of Education ......................................................................... 5,464 -39 5,504 17,040 1,515 15,525 18,121 4,141 13,980

Department of Energy: 

 National Nuclear Security Administration: 

 Naval Reactors ...................................................................................................... 81 ...... 81 234 ...... 234 235 ...... 235

 Weapons Activities ................................................................................................ 598 ...... 598 1,895 ...... 1,895 1,874 ...... 1,874

 Defense Nuclear Nonproliferation .......................................................................... 168 ...... 168 425 ...... 425 475 ...... 475

 Other ..................................................................................................................... 24 ...... 24 81 ...... 81 85 ...... 85

 Environmental and Other Defense Activities: 

 Defense Environmental Cleanup ........................................................................... 433 ...... 433 1,288 ...... 1,288 1,244 ...... 1,244

 Other Defense Activities ........................................................................................ 71 ...... 71 203 ...... 203 177 ...... 177

 Defense Nuclear Waste Disposal .......................................................................... 1 ...... 1 2 ...... 2 1 ...... 1

 Energy Programs: 

 Science .................................................................................................................. 415 ...... 415 1,241 ...... 1,241 1,317 ...... 1,317

 Energy Supply ....................................................................................................... 119 ...... 119 402 ...... 402 379 ...... 379

 Energy Efficiency and Renewable Energy ............................................................. 163 ...... 163 460 ...... 460 575 ...... 575

 Fossil Energy Research and Development ............................................................ 84 ...... 84 237 ...... 237 212 ...... 212

 Uranium Enrichment Decontamination and Decommissioning Fund ...................... 42 ...... 42 140 ...... 140 108 ...... 108

 Advanced Technology Vehicles Manufacturing Loan Program .............................. (**) ...... (**) 1 ...... 1 2 ...... 2

 Title 17 Innovative Technology Loan Guarantee Program ..................................... 10 ...... 10 21 ...... 21 39 ...... 39

 Other ..................................................................................................................... 83 2 82 248 11 237 235 10 225

 Total--Energy Programs ....................................................................................... 917 2 915 2,751 11 2,740 2,868 10 2,858

 Power Marketing Administration .............................................................................. 456 296 160 1,093 860 234 963 837 126

 Departmental Administration .................................................................................... 23 ...... 23 89 ...... 89 62 ...... 62

 Proprietary Receipts from the Public ........................................................................ ...... 111 -111 ...... 247 -247 ...... 430 -430

 Intrabudgetary Transactions .................................................................................... -105 ...... -105 -363 ...... -363 -374 ...... -374

 Total--Department of Energy............................................................................... 2,668 409 2,259 7,699 1,118 6,581 7,609 1,277 6,332
10

Table 5. Outlays of the U.S. Government, December 2014 and Other Periods —Continued

[$ millions] 

Classification 

This Month Current Fiscal Year to Date Prior Fiscal Year to Date 

Gross 

Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays 

Department of Health and Human Services: 

 Food and Drug Administration ................................................................................. 195 1 194 499 2 497 323 2 321

 Health Resources and Services Administration ....................................................... 809 ...... 809 2,304 ...... 2,304 2,216 2 2,214

 Indian Health Service ............................................................................................... 240 ...... 240 839 ...... 839 1,007 ...... 1,007

 Centers for Disease Control and Prevention ............................................................ 630 ...... 630 1,683 ...... 1,683 1,490 ...... 1,490

 National Institutes of Health ..................................................................................... 2,498 ...... 2,498 7,144 ...... 7,144 7,294 ...... 7,294

 Substance Abuse and Mental Health Services Administration ................................. 234 ...... 234 710 ...... 710 868 ...... 868

 Agency for Healthcare Research and Quality .......................................................... -7 ...... -7 35 ...... 35 53 ...... 53

 Centers for Medicare and Medicaid Services: 

 Grants to States for Medicaid ................................................................................ 31,494 ...... 31,494 84,228 ...... 84,228 68,216 ...... 68,216

 Payments to Health Care Trust Funds ................................................................... 21,068 ...... 21,068 66,706 ...... 66,706 65,314 ...... 65,314

 Children's Health Insurance Fund .......................................................................... 1,758 ...... 1,758 3,623 ...... 3,623 3,207 ...... 3,207

 State Grants and Demonstrations .......................................................................... 77 ...... 77 134 ...... 134 140 ...... 140

 Federal Hospital Insurance Trust Fund: 

 Benefit Payments ................................................................................................. 23,074 ...... 23,074 65,421 ...... 65,421 62,920 ...... 62,920

 Administrative Expenses ...................................................................................... 655 ...... 655 1,703 ...... 1,703 1,867 ...... 1,867

 Total--FHI Trust Fund ........................................................................................ 23,729 ...... 23,729 67,124 ...... 67,124 64,787 ...... 64,787

 Health Care Fraud and Abuse Control ................................................................... 125 ...... 125 375 ...... 375 286 ...... 286

 Federal Supplementary Medical Insurance Trust Fund: 

 Benefit Payments ................................................................................................. 22,326 ...... 22,326 66,407 ...... 66,407 61,686 ...... 61,686

 Administrative Expenses ...................................................................................... 525 ...... 525 1,232 ...... 1,232 -3,304 ...... -3,304

 Medicare Prescription Drugs: 

 Benefit Payments ............................................................................................... 5,944 ...... 5,944 22,060 ...... 22,060 16,785 ...... 16,785

 Administrative Expenses .................................................................................... 46 ...... 46 133 ...... 133 121 ...... 121

 Total--FSMI Trust Fund ...................................................................................... 28,841 ...... 28,841 89,832 ...... 89,832 75,288 ...... 75,288

 Other ..................................................................................................................... 233 ...... 233 650 ...... 650 1,084 ...... 1,084

 Total--Centers for Medicare and Medicaid Services ............................................ 107,325 ...... 107,325 312,673 ...... 312,673 278,322 ...... 278,322

 Administration for Children and Families: 

 Temporary Assistance for Needy Families ............................................................. 1,401 ...... 1,401 3,730 ...... 3,730 4,039 ...... 4,039

 Contingency Fund .................................................................................................. 38 ...... 38 69 ...... 69 69 ...... 69

 Payments to States for Child Support Enforcement 

 and Family Support Programs .............................................................................. 264 ...... 264 768 ...... 768 755 ...... 755

 Low Income Home Energy Assistance .................................................................. 543 ...... 543 1,057 ...... 1,057 984 ...... 984

 Refugee and Entrant Assistance............................................................................ 140 ...... 140 300 ...... 300 240 ...... 240

 Child Care Entitlement to States ............................................................................ 254 ...... 254 722 ...... 722 717 ...... 717

 Payments to States for the Child Care 

 and Development Block Grant .............................................................................. 160 ...... 160 482 ...... 482 519 ...... 519

 Social Services Block Grant ................................................................................... 132 ...... 132 407 ...... 407 424 ...... 424

 Children and Families Services Programs ............................................................. 912 ...... 912 2,615 ...... 2,615 2,356 ...... 2,356

 Payments to States for Foster Care and Adoption Assistance ............................... 590 ...... 590 1,658 ...... 1,658 1,636 ...... 1,636

 Other ..................................................................................................................... 53 ...... 53 135 ...... 135 149 ...... 149

 Total--Administration for Children and Families ................................................... 4,488 ...... 4,488 11,944 ...... 11,944 11,888 ...... 11,888

 Administration on Aging ........................................................................................... 115 ...... 115 382 ...... 382 328 ...... 328

 Departmental Management ..................................................................................... 264 ...... 264 820 ...... 820 646 ...... 646

 Other ....................................................................................................................... 139 ...... 139 186 ...... 186 217 ...... 217

 Proprietary Receipts from the Public ........................................................................ ...... 7,328 -7,328 ...... 21,099 -21,099 ...... 20,639 -20,639

 Intrabudgetary Transactions: 

 Payments for Health Insurance for the Aged: 

 Federal Supplementary Medical Insurance Trust Fund ........................................ -20,963 ...... -20,963 -66,701 ...... -66,701 -60,179 ...... -60,179

 Payments for Tax and Other Credits: 

 Federal Hospital Insurance Trust Fund ................................................................ -5 ...... -5 -7 ...... -7 -810 ...... -810

 Other ..................................................................................................................... -30 ...... -30 -31 ...... -31 1,116 ...... 1,116

 Total--Department of Health and Human Services ............................................ 95,931 7,328 88,603 272,478 21,101 251,377 244,780 20,643 224,137

Department of Homeland Security: 

 Departmental Management and Operations ............................................................ 103 ...... 103 232 ...... 232 250 ...... 250

 Citizenship and Immigration Services ...................................................................... 256 ...... 256 761 ...... 761 662 ...... 662

 United States Secret Service ................................................................................... 142 ...... 142 419 ...... 419 428 ...... 428

 Transportation Security Administration .................................................................... 566 ...... 566 1,093 ...... 1,093 1,440 ...... 1,440

 Immigration and Customs Enforcement ................................................................... 553 ...... 553 1,420 ...... 1,420 1,277 ...... 1,277

 U.S. Customs and Border Protection ....................................................................... 1,015 1 1,014 2,861 1 2,859 2,683 ...... 2,683

 United States Coast Guard ...................................................................................... 1,066 ...... 1,066 3,011 ...... 3,011 2,905 ...... 2,905

 National Protection and Programs Directorate ......................................................... 139 ...... 139 324 ...... 324 306 ...... 306

 Federal Emergency Management Agency: 

 State and Local Programs ..................................................................................... 173 ...... 173 779 ...... 779 641 ...... 641

 Firefighter Assistance Grants ................................................................................. 65 ...... 65 159 ...... 159 173 ...... 173

 Disaster Relief ....................................................................................................... 1,237 ...... 1,237 2,215 ...... 2,215 1,477 ...... 1,477

 National Flood Insurance Fund .............................................................................. 57 171 -114 192 442 -250 275 480 -205

 Other ..................................................................................................................... 115 ...... 115 303 ...... 303 309 ...... 309

 Total--Federal Emergency Management Agency ................................................. 1,648 171 1,476 3,649 442 3,207 2,875 480 2,395

 Science and Technology.......................................................................................... 80 ...... 80 211 ...... 211 155 ...... 155

 Domestic Nuclear Detection Office .......................................................................... 22 ...... 22 75 ...... 75 73 ...... 73

 Other ....................................................................................................................... 40 ...... 40 98 ...... 98 81 ...... 81

 Proprietary Receipts from the Public ........................................................................ ...... -22 22 ...... 69 -69 ...... 65 -65

 Intrabudgetary Transactions .................................................................................... 16 ...... 16 5 ...... 5 5 ...... 5

 Offsetting Governmental Receipts ........................................................................... ...... 742 -742 ...... 1,891 -1,891 ...... 1,731 -1,731

 Total--Department of Homeland Security .......................................................... 5,645 892 4,753 14,157 2,403 11,754 13,141 2,276 10,865
11

Table 5. Outlays of the U.S. Government, December 2014 and Other Periods —Continued

[$ millions] 

Classification 

This Month Current Fiscal Year to Date Prior Fiscal Year to Date 

Gross 

Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays 

Department of Housing and Urban Development: 

 Public and Indian Housing Programs: 

 Tenant Based Rental Assistance ........................................................................... 1,326 ...... 1,326 4,405 ...... 4,405 4,606 ...... 4,606

 Housing Certificate Fund ....................................................................................... 23 ...... 23 71 ...... 71 94 ...... 94

 Project-Based Rental Assistance ........................................................................... 843 ...... 843 2,521 ...... 2,521 2,411 ...... 2,411

 Public Housing Capital Fund .................................................................................. 222 ...... 222 518 ...... 518 567 ...... 567

 Public Housing Operating Fund ............................................................................. 354 ...... 354 1,110 ...... 1,110 1,009 ...... 1,009

 Revitalization of Severely Distressed 

 Public Housing (Hope VI) ...................................................................................... 8 ...... 8 20 ...... 20 32 ...... 32

 Native American Housing Block Grant ................................................................... 46 ...... 46 131 ...... 131 147 ...... 147

 Other ..................................................................................................................... 4 ...... 4 11 ...... 11 29 ...... 29

 Total--Public and Indian Housing Programs ......................................................... 2,826 ...... 2,826 8,787 ...... 8,787 8,895 ...... 8,895

 Community Planning and Development: 

 Housing Opportunities for Persons with AIDS ........................................................ 22 ...... 22 66 ...... 66 72 ...... 72

 Community Development Fund.............................................................................. 608 ...... 608 1,672 ...... 1,672 1,747 ...... 1,747

 Home Investment Partnership Program ................................................................. 120 ...... 120 326 ...... 326 333 ...... 333

 Neighborhood Stabilization Program ..................................................................... 8 ...... 8 21 ...... 21 85 ...... 85

 Homeless Assistance Grants ................................................................................. 174 ...... 174 480 ...... 480 466 ...... 466

 Other ..................................................................................................................... 11 ...... 11 24 ...... 24 23 ...... 23

 Total--Community Planning and Development ..................................................... 942 ...... 942 2,589 ...... 2,589 2,727 ...... 2,727

 Housing Programs: 

 Credit Accounts: 

 FHA-Mutual Mortgage Insurance Fund, Program Account ................................... 11 ...... 11 30 ...... 30 21 ...... 21

 FHA-Mutual Mortgage Insurance Capital Reserve Account ................................. -984 ...... -984 -3,098 ...... -3,098 -2,612 ...... -2,612

 FHA-Mutual Mortgage and Cooperative Housing 

 Insurance Fund, Liquidating Account .................................................................. 2 4 -2 10 9 1 10 -3 13

 FHA-General and Special Risk Fund, Liquidating Account .................................. 8 23 -15 17 48 -31 13 55 -41

 Housing for the Elderly or Handicapped Fund, 

 Liquidating Account ............................................................................................ (**) 54 -54 1 138 -137 (**) 114 -114

 Housing for the Elderly........................................................................................... 61 ...... 61 199 ...... 199 210 ...... 210

 Housing for Persons with Disabilities ..................................................................... 17 ...... 17 52 ...... 52 57 ...... 57

 Other Assisted Housing Programs ......................................................................... 23 ...... 23 73 ...... 73 88 ...... 88

 Other ..................................................................................................................... 7 8 -1 19 14 4 26 6 20

 Total--Housing Programs ..................................................................................... -854 89 -944 -2,698 209 -2,906 -2,187 171 -2,358

 Government National Mortgage Association: 

 Guarantees of Mortgage-Backed Securities .......................................................... 7 (**) 7 8 (**) 8 (**) 9 -10

 Management and Administration ............................................................................. 143 ...... 143 413 ...... 413 383 ...... 383

 Other ....................................................................................................................... 14 ...... 14 54 ...... 54 55 ...... 55

 Proprietary Receipts from the Public: 

 FHA-General and Special Risk Fund ..................................................................... ...... 26 -26 ...... 121 -121 ...... 158 -158

 Other ..................................................................................................................... ...... 17 -17 ...... 18 -18 ...... 14 -14

 Intrabudgetary Transactions .................................................................................... -2 ...... -2 2 ...... 2 5 ...... 5

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

 Total--Department of Housing and Urban Development ................................... 3,076 133 2,943 9,155 350 8,805 9,878 353 9,524

Department of the Interior: 

 Land and Minerals Management: 

 Bureau of Land Management: 

 Management of Lands and Resources ................................................................ 74 ...... 74 214 ...... 214 249 ...... 249

 Other.................................................................................................................... 35 1 34 99 13 86 106 23 82

 Bureau of Ocean Energy Management, 

 Regulation and Enforcement ................................................................................ 2 ...... 2 6 ...... 6 3 ...... 3

 Office of Surface Mining Reclamation and Enforcement ........................................ 85 ...... 85 200 ...... 200 170 ...... 170

 Total--Land and Minerals Management ............................................................... 197 1 196 519 13 506 527 23 503

 Water and Science: 

 Bureau of Reclamation: 

 Water and Related Resources ............................................................................. 54 ...... 54 149 ...... 149 207 ...... 207

 Other.................................................................................................................... 32 54 -22 101 72 29 140 41 99

 United States Geological Survey ........................................................................... 96 ...... 96 277 ...... 277 289 ...... 289

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

 Total--Water and Science .................................................................................... 183 54 128 528 72 455 636 41 595

 Fish and Wildlife and Parks: 

 United States Fish and Wildlife Service ................................................................. 211 ...... 211 567 ...... 567 596 ...... 596

 National Park Service ............................................................................................ 323 ...... 323 764 ...... 764 692 ...... 692

 Total--Fish and Wildlife and Parks ....................................................................... 534 ...... 534 1,331 ...... 1,331 1,289 ...... 1,289

 Bureau of Indian Affairs and 

 Bureau of Indian Education ..................................................................................... 233 (**) 233 630 (**) 630 365 (**) 365

 Departmental Offices: 

 Mineral Leasing and Associated Payments ........................................................... 135 ...... 135 741 ...... 741 631 ...... 631

 Other ..................................................................................................................... 21 ...... 21 59 ...... 59 66 ...... 66

 Insular Affairs ........................................................................................................... 24 ...... 24 119 ...... 119 115 ...... 115

 Office of the Special Trustee for American Indians .................................................. 16 ...... 16 55 ...... 55 42 ...... 42

 Department-Wide Programs .................................................................................... 25 ...... 25 276 ...... 276 223 ...... 223

 Other ....................................................................................................................... 17 ...... 17 49 ...... 49 52 ...... 52

 Proprietary Receipts from the Public ........................................................................ ...... 400 -400 ...... 1,704 -1,704 ...... 1,284 -1,284

 Intrabudgetary Transactions .................................................................................... 14 ...... 14 -4 ...... -4 -9 ...... -9

 Total--Department of the Interior ........................................................................ 1,398 455 944 4,303 1,789 2,514 3,936 1,348 2,588
12

Table 5. Outlays of the U.S. Government, December 2014 and Other Periods —Continued

[$ millions] 

Classification 

This Month Current Fiscal Year to Date Prior Fiscal Year to Date 

Gross 

Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays 

Department of Justice: 

 General Administration ............................................................................................ 9 ...... 9 207 ...... 207 -64 ...... -64

 Legal Activities and United States Marshals: 

 General Legal Activities ......................................................................................... 34 ...... 34 179 ...... 179 197 ...... 197

 United States Attorneys ......................................................................................... 134 ...... 134 424 ...... 424 388 ...... 388

 United States Marshals Service ............................................................................. 123 ...... 123 285 ...... 285 265 ...... 265

 Assets Forfeiture Fund........................................................................................... 121 ...... 121 277 ...... 277 167 ...... 167

 Other ..................................................................................................................... 207 ...... 207 482 ...... 482 435 ...... 435

 Federal Bureau of Investigation ............................................................................... 655 ...... 655 1,894 ...... 1,894 1,762 ...... 1,762

 Drug Enforcement Administration ............................................................................ 169 ...... 169 530 ...... 530 594 ...... 594

 Bureau of Alcohol, Tobacco, Firearms, and Explosives ........................................... 81 ...... 81 267 ...... 267 253 ...... 253

 Federal Prison System ............................................................................................ 649 34 615 1,772 98 1,674 1,675 98 1,577

 Office of Justice Programs: 

 State and Local Law Enforcement Assistance ....................................................... 71 ...... 71 403 ...... 403 478 ...... 478

 Community Oriented Policing Services .................................................................. 16 ...... 16 62 ...... 62 82 ...... 82

 Crime Victims Fund ............................................................................................... 55 ...... 55 144 ...... 144 162 ...... 162

 Other ..................................................................................................................... 76 ...... 76 245 ...... 245 259 ...... 259

 Other ....................................................................................................................... 101 ...... 101 150 ...... 150 200 ...... 200

 Proprietary Receipts from the Public ........................................................................ ...... 800 -800 ...... 921 -921 ...... 54 -54

 Intrabudgetary Transactions .................................................................................... 17,197 ...... 7,197 -1,004 ...... -1,004 634 ...... 634

 Offsetting Governmental Receipts ........................................................................... ...... 41 -41 ...... 109 -109 ...... 113 -113

 Total--Department of Justice .............................................................................. 9,699 874 8,825 6,317 1,128 5,189 7,487 265 7,222

Department of Labor: 

 Employment and Training Administration: 

 Training and Employment Services ....................................................................... 274 ...... 274 759 ...... 759 763 ...... 763

 Office of Job Corps ................................................................................................ 129 ...... 129 418 ...... 418 392 ...... 392

 Community Service Employment for Older Americans .......................................... 42 ...... 42 110 ...... 110 100 ...... 100

 Federal Unemployment Benefits and Allowances .................................................. 51 ...... 51 138 ...... 138 119 ...... 119

 Federal Additional Unemployment Compensation 

 Program-Recovery Act .......................................................................................... -1 ...... -1 -1 ...... -1 -2 ...... -2

 State Unemployment Insurance and Employment 

 Service Operations ............................................................................................... -176 ...... -176 -348 ...... -348 114 ...... 114

 Payments to the Unemployment Trust Fund .......................................................... 43 ...... 43 61 ...... 61 4,886 ...... 4,886

 Advances to the Unemployment Trust Fund and 

 Other Funds .......................................................................................................... ...... ...... ...... ...... ...... ...... 10 ...... 10

 Program Administration ......................................................................................... 8 ...... 8 21 ...... 21 16 ...... 16

 Unemployment Trust Fund: 

 Federal-State Unemployment Insurance: 

 State Unemployment Benefits ............................................................................ 3,506 ...... 3,506 7,425 ...... 7,425 13,832 ...... 13,832

 State Administrative Expenses ............................................................................ 487 ...... 487 1,281 ...... 1,281 958 ...... 958

 Federal Administrative Expenses ......................................................................... 8 ...... 8 93 ...... 93 113 ...... 113

 Other.................................................................................................................... (**) ...... (**) 56 ...... 56 (**) ...... (**)

 Total--Unemployment Trust Fund ...................................................................... 4,000 ...... 4,000 8,855 ...... 8,855 14,903 ...... 14,903

 Other ..................................................................................................................... 31 ...... 31 114 ...... 114 101 ...... 101

 Total--Employment and Training Administration .................................................. 4,401 ...... 4,401 10,127 ...... 10,127 21,403 ...... 21,403
13

Table 5. Outlays of the U.S. Government, December 2014 and Other Periods —Continued

[$ millions] 

Classification 

This Month Current Fiscal Year to Date Prior Fiscal Year to Date 

Gross 

Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays 

Department of Labor:—Continued 

 Pension Benefit Guaranty Corporation .................................................................... 502 166 335 1,522 3,286 -1,765 1,487 1,535 -48

 Employment Standards Administration .................................................................... (**) ...... (**) (**) ...... (**) 1 ...... 1

 Office of Workers' Compensation Programs: 

 Special Benefits ..................................................................................................... 235 ...... 235 -693 ...... -693 -745 ...... -745

 Energy Employees Occupational 

 Illness Compensation Fund .................................................................................. 80 ...... 80 258 ...... 258 261 ...... 261

 Special Benefits for Disabled Coal Miners ............................................................. 10 ...... 10 30 ...... 30 34 ...... 34

 Black Lung Disability Trust Fund............................................................................ 22 ...... 22 56 ...... 56 58 ...... 58

 Other ..................................................................................................................... 41 ...... 41 90 ...... 90 79 ...... 79

 Wage and Hour Division .......................................................................................... 19 ...... 19 54 ...... 54 53 ...... 53

 Occupational Safety and Health Administration ....................................................... 45 ...... 45 124 ...... 124 113 ...... 113

 Mine Safety and Health Administration .................................................................... 29 ...... 29 82 ...... 82 73 ...... 73

 Bureau of Labor Statistics ........................................................................................ 60 ...... 60 127 ...... 127 110 ...... 110

 Departmental Management ..................................................................................... 78 ...... 78 164 ...... 164 140 ...... 140

 Other ....................................................................................................................... 26 ...... 26 71 ...... 71 65 ...... 65

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

 Intrabudgetary Transactions .................................................................................... -114 ...... -114 -191 ...... -191 -5,070 ...... -5,070

 Total--Department of Labor ................................................................................. 5,433 168 5,265 11,819 3,283 8,536 18,063 1,535 16,528

Department of State: 

 Administration of Foreign Affairs: 

 Diplomatic and Consular Programs ....................................................................... 701 ...... 701 1,826 ...... 1,826 2,250 ...... 2,250

 Educational and Cultural Exchange Programs ....................................................... 44 ...... 44 164 ...... 164 146 ...... 146

 Embassy Security, Construction, and Maintenance ............................................... 169 ...... 169 526 ...... 526 459 ...... 459

 Payment to Foreign Service Retirement and 

 Disability Fund ...................................................................................................... ...... ...... ...... ...... ...... ...... 47 ...... 47

 Foreign Service Retirement and Disability Fund .................................................... 76 ...... 76 228 ...... 228 233 ...... 233

 Other ..................................................................................................................... 84 ...... 84 485 ...... 485 74 ...... 74

 Total--Administration of Foreign Affairs ................................................................ 1,075 ...... 1,075 3,229 ...... 3,229 3,209 ...... 3,209

 International Organizations and Conferences .......................................................... 355 ...... 355 1,132 ...... 1,132 1,011 ...... 1,011

 Global Health and Child Survival ............................................................................. 503 ...... 503 1,567 ...... 1,567 1,673 ...... 1,673

 Migration and Refugee Assistance .......................................................................... 441 ...... 441 641 ...... 641 772 ...... 772

 International Narcotics Control and Law Enforcement ............................................. 177 ...... 177 327 ...... 327 375 ...... 375

 Andean Counterdrug Programs ............................................................................... 2 ...... 2 5 ...... 5 8 ...... 8

 Other ....................................................................................................................... 39 ...... 39 109 ...... 109 83 ...... 83

 Proprietary Receipts from the Public ........................................................................ ...... 2 -2 ...... 30 -30 ...... 22 -22

 Intrabudgetary Transactions .................................................................................... 11 ...... 11 -36 ...... -36 -41 ...... -41

 Total--Department of State .................................................................................. 2,603 2 2,601 6,974 30 6,944 7,090 22 7,067

Department of Transportation: 

 Office of the Secretary ............................................................................................. 51 ...... 51 173 ...... 173 170 ...... 170

 Federal Aviation Administration: 

 Operations ............................................................................................................. 55 ...... 55 705 ...... 705 1,429 ...... 1,429

 Airport and Airway Trust Fund: 

 Grants-In-Aid for Airports ..................................................................................... 276 ...... 276 888 ...... 888 1,064 ...... 1,064

 Facilities and Equipment ...................................................................................... 247 ...... 247 621 ...... 621 683 ...... 683

 Research, Engineering, and Development ........................................................... 11 ...... 11 33 ...... 33 31 ...... 31

 Trust Fund Share of FAA Operations ................................................................... 700 ...... 700 1,500 ...... 1,500 900 ...... 900

 Total--Airport and Airway Trust Fund ................................................................. 1,233 ...... 1,233 3,042 ...... 3,042 2,678 ...... 2,678

 Other ..................................................................................................................... 22 -11 33 -13 -19 6 9 50 -41

 Total--Federal Aviation Administration ................................................................. 1,311 -11 1,322 3,734 -19 3,753 4,116 50 4,067

 Federal Highway Administration: 

 Highway Trust Fund: 

 Federal-Aid Highways .......................................................................................... 3,089 ...... 3,089 10,485 ...... 10,485 11,130 ...... 11,130

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

 Highway Infrastructure Investment, Recovery Act .................................................. 5 ...... 5 23 ...... 23 66 ...... 66

 Other Programs ..................................................................................................... 78 ...... 78 177 ...... 177 11,954 ...... 11,954

 Total--Federal Highway Administration ................................................................ 3,172 ...... 3,172 10,686 ...... 10,686 23,150 ...... 23,150

 Federal Motor Carrier Safety Administration ............................................................ 45 ...... 45 133 ...... 133 139 ...... 139

 National Highway Traffic Safety Administration ....................................................... 122 ...... 122 265 ...... 265 281 ...... 281

 Federal Railroad Administration: 

 Operating Subsidy Grants to the National Railroad 

 Passenger Corporation ......................................................................................... ...... ...... ...... 67 ...... 67 129 ...... 129

 Capital and Debt Service Grants to the 

 National Railroad Passenger Corporation ............................................................. 1 ...... 1 293 ...... 293 263 ...... 263

 Capital Assistance for High Speed Rail Corridors 

 and Intercity Passenger Rail Service .................................................................... 120 ...... 120 191 ...... 191 238 ...... 238

 Other ..................................................................................................................... 30 ...... 30 92 ...... 92 133 ...... 133

 Total--Federal Railroad Administration................................................................. 151 ...... 151 642 ...... 642 763 ...... 763
14

Table 5. Outlays of the U.S. Government, December 2014 and Other Periods —Continued

[$ millions] 

Classification 

This Month Current Fiscal Year to Date Prior Fiscal Year to Date 

Gross 

Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays 

Department of Transportation:—Continued 

 Federal Transit Administration: 

 Formula Grants ...................................................................................................... 6 ...... 6 12 ...... 12 25 ...... 25

 Capital Investment Grants ..................................................................................... 154 ...... 154 436 ...... 436 424 ...... 424

 Transit Formula Grants .......................................................................................... 696 ...... 696 1,918 ...... 1,918 2,230 ...... 2,230

 Transit Capital Assistance, Recovery Act .............................................................. 6 ...... 6 33 ...... 33 59 ...... 59

 Other ..................................................................................................................... 35 ...... 35 114 ...... 114 111 ...... 111

 Total--Federal Transit Administration ................................................................... 897 ...... 897 2,513 ...... 2,513 2,849 ...... 2,849

 Maritime Administration ........................................................................................... 60 (**) 60 102 4 98 76 3 73

 Other ....................................................................................................................... 39 (**) 39 83 4 79 101 6 95

 Proprietary Receipts from the Public ........................................................................ ...... 5 -5 ...... 17 -17 ...... 23 -23

 Intrabudgetary Transactions: 

 Payment from the General Fund, Highway Trust Fund .......................................... ...... ...... ...... ...... ...... ...... -11,693 ...... -11,693

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

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

 Total--Department of Transportation .................................................................. 5,847 -6 5,853 18,332 6 18,326 19,952 82 19,870

Department of the Treasury: 

 Departmental Offices: 

 Exchange Stabilization Fund ................................................................................. ...... -5 5 ...... 1 -1 ...... 19 -19

 Grants for Specified Energy Property in Lieu of Tax Credit .................................... 530 ...... 530 738 ...... 738 213 ...... 213

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

 Troubled Asset Relief Programs ............................................................................ 368 ...... 368 1,178 ...... 1,178 978 ...... 978

 Other ..................................................................................................................... 225 ...... 225 489 ...... 489 550 ...... 550

 Bureau of the Fiscal Service: 

 Financial Management Service: 

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

 Financial Agent Services ....................................................................................... 55 ...... 55 149 ...... 149 132 ...... 132

 Interest Paid to Credit Financing Accounts ............................................................ ...... ...... ...... ...... ...... ...... 1 ...... 1

 Claims, Judgments, and Relief Acts ...................................................................... 310 ...... 310 1,270 ...... 1,270 413 ...... 413

 Other ..................................................................................................................... 109 (**) 108 196 2 194 1,406 ...... 1,406

 Total--Financial Management Service .................................................................. 473 (**) 473 2,278 2 2,276 2,614 ...... 2,614

 Bureau of the Public Debt ...................................................................................... 36 ...... 36 101 ...... 101 176 ...... 176

 Total--Bureau of the Fiscal Service ..................................................................... 509 (**) 509 2,378 2 2,377 2,790 ...... 2,790

 Federal Financing Bank ........................................................................................... -96 ...... -96 -228 ...... -228 -153 ...... -153

 Alcohol and Tobacco Tax and Trade Bureau: 

 Salaries and Expenses .......................................................................................... 6 ...... 6 23 ...... 23 22 ...... 22

 Internal Revenue Collections for Puerto Rico ........................................................ 28 ...... 28 67 ...... 67 79 ...... 79

 Bureau of Engraving and Printing ............................................................................ -47 ...... -47 -74 ...... -74 -62 ...... -62

 United States Mint ................................................................................................... 217 225 -8 790 899 -110 744 774 -30

 Internal Revenue Service: 

 Taxpayer Services ................................................................................................. 164 ...... 164 470 ...... 470 487 ...... 487

 Enforcement .......................................................................................................... 363 ...... 363 1,102 ...... 1,102 1,109 ...... 1,109

 Operations Support ................................................................................................ 323 ...... 323 974 ...... 974 1,006 ...... 1,006

 Build America Bond Payments, Recovery Act ....................................................... 23 ...... 23 698 ...... 698 877 ...... 877

 Refundable Premium Tax Credits and Cost Sharing Reductions ........................... 1,781 ...... 1,781 5,450 ...... 5,450 ...... ...... ......

 Payment Where Earned Income Credit Exceeds Liability for Tax .......................... -50 ...... -50 -32 ...... -32 83 ...... 83

 Payment Where Child Tax Credit Exceeds Liability for Tax ................................... -2 ...... -2 49 ...... 49 127 ...... 127

 Payment Where American Opportunity Tax Credit 

 Exceeds Liability for Tax ....................................................................................... -10 ...... -10 (**) ...... (**) (**) ...... (**)

 Refunding Internal Revenue Collections, Interest .................................................. 87 ...... 87 279 ...... 279 253 ...... 253

 Other ..................................................................................................................... 67 (**) 67 341 (**) 341 395 (**) 395

 Total--Internal Revenue Service .......................................................................... 2,745 (**) 2,745 9,331 (**) 9,331 4,338 (**) 4,338

 Comptroller of the Currency ..................................................................................... 77 3 74 242 449 -208 245 8 237

 Interest on the Public Debt: 

 Interest on Treasury Debt Securities (Gross): 

 Public Issues (Accrual Basis) ............................................................................... 18,118 ...... 18,118 58,181 ...... 58,181 57,932 ...... 57,932

 Special Issues (Cash Basis) ................................................................................ 68,343 ...... 68,343 60,409 ...... 60,409 67,907 ...... 67,907

 Total--Interest on Treasury Debt Securities (Gross) ........................................... 86,460 ...... 86,460 118,589 ...... 118,589 125,838 ...... 125,838

 Total--Interest on the Public Debt .................................................................... 86,460 ...... 86,460 118,589 ...... 118,589 125,838 ...... 125,838

 Other ....................................................................................................................... 7 ...... 7 22 ...... 22 21 ...... 21

 Proprietary Receipts from the Public ........................................................................ (**) 7,580 -7,580 (**) 8,352 -8,352 ...... 39,671 -39,671

 Intrabudgetary Transactions .................................................................................... -195 ...... -195 -553 ...... -553 -1,462 ...... -1,462

 Total--Department of the Treasury ..................................................................... 90,834 7,803 83,031 132,992 9,703 123,289 134,143 40,471 93,671
15

Table 5. Outlays of the U.S. Government, December 2014 and Other Periods —Continued

[$ millions] 

Classification 

This Month Current Fiscal Year to Date Prior Fiscal Year to Date 

Gross 

Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays 

Department of Veterans Affairs: 

 Joint DOD-VA Medical Facility Demonstration Fund ................................................ 30 ...... 30 84 ...... 84 84 ...... 84

 Veterans Health Administration: 

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

 Medical Services .................................................................................................... 4,086 ...... 4,086 11,448 ...... 11,448 10,464 ...... 10,464

 Medical Support and Compliance .......................................................................... 477 ...... 477 1,373 ...... 1,373 1,279 ...... 1,279

 Medical Facilities ................................................................................................... 432 ...... 432 1,209 ...... 1,209 1,287 ...... 1,287

 Other ..................................................................................................................... 113 41 73 314 110 204 284 108 176

 Benefit Programs: 

 Public Enterprise Funds: 

 Housing Accounts ................................................................................................ (**) 1 -1 1 4 -3 1 6 -5

 Other.................................................................................................................... 98 90 8 246 225 20 240 246 -6

 Compensation and Pensions ................................................................................. 11,510 ...... 11,510 23,475 ...... 23,475 21,993 ...... 21,993

 Readjustment Benefits ........................................................................................... 1,438 ...... 1,438 3,915 ...... 3,915 4,037 ...... 4,037

 Veterans Housing Benefit Program Fund ............................................................... 37 ...... 37 85 ...... 85 ...... ...... ......

 Insurance Funds: 

 National Service Life ............................................................................................ 101 ...... 101 248 ...... 248 217 ...... 217

 Veterans Special Life ........................................................................................... 15 48 -33 40 51 -11 38 55 -17

 Other ..................................................................................................................... 3 ...... 3 6 ...... 6 19 ...... 19

 Total--Benefit Programs ....................................................................................... 13,202 140 13,063 28,016 281 27,735 26,546 307 26,239

 Departmental Administration: 

 Construction .......................................................................................................... 318 ...... 318 554 ...... 554 287 ...... 287

 Information Technology Systems ........................................................................... 305 ...... 305 865 ...... 865 809 ...... 809

 General Operating Expenses ................................................................................. 222 ...... 222 669 (**) 669 617 ...... 617

 Other ..................................................................................................................... 150 ...... 150 324 ...... 324 296 ...... 296

 Proprietary Receipts from the Public: 

 National Service Life .............................................................................................. ...... 14 -14 ...... 22 -22 ...... 6 -6

 Other ..................................................................................................................... ...... 299 -299 ...... 893 -893 ...... 782 -782

 Intrabudgetary Transactions .................................................................................... 4 ...... 4 5 ...... 5 -22 ...... -22

 Total--Department of Veterans Affairs ............................................................... 19,340 493 18,847 44,861 1,305 43,555 41,929 1,203 40,727

Corps of Engineers: 

 Construction ............................................................................................................ 209 ...... 209 530 ...... 530 491 ...... 491

 Operation and Maintenance ..................................................................................... 285 ...... 285 753 ...... 753 608 ...... 608

 Flood Control and Coastal Emergencies ................................................................. 85 ...... 85 193 ...... 193 246 ...... 246

 Rivers and Harbors Contributed Funds .................................................................... 23 ...... 23 105 ...... 105 99 ...... 99

 Other ....................................................................................................................... 97 ...... 97 487 ...... 487 436 ...... 436

 Proprietary Receipts from the Public ........................................................................ ...... 16 -16 ...... 336 -336 ...... 113 -113

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

 Total--Corps of Engineers ................................................................................... 699 16 684 2,069 336 1,733 1,881 113 1,767

Other Defense Civil Programs: 

 Military Retirement: 

 Payment to Military Retirement Fund ..................................................................... ...... ...... ...... 75,562 ...... 75,562 72,885 ...... 72,885

 Military Retirement Fund ........................................................................................ 8,981 ...... 8,981 18,300 ...... 18,300 17,922 ...... 17,922

 Retiree Health Care: 

 Payment to Department of Defense 

 Medicare-Eligible Retiree Health Care Fund ......................................................... ...... ...... ...... 4,005 ...... 4,005 4,250 ...... 4,250

 Department of Defense Medicare-Eligible 

 Retiree Health Care Fund ..................................................................................... 760 ...... 760 2,458 ...... 2,458 2,428 ...... 2,428

 Educational Benefits ................................................................................................ 37 ...... 37 113 ...... 113 117 ...... 117

 Other ....................................................................................................................... 19 ...... 19 58 ...... 58 39 ...... 39

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

 Intrabudgetary Transactions .................................................................................... 418 ...... 418 -78,460 ...... -78,460 -77,138 ...... -77,138

 Total--Other Defense Civil Programs ................................................................. 10,215 2 10,213 22,036 5 22,031 20,503 2 20,501

Environmental Protection Agency: 

 Science and Technology.......................................................................................... 47 ...... 47 170 ...... 170 183 ...... 183

 Environmental Programs and Management ............................................................. 194 ...... 194 587 ...... 587 606 ...... 606

 State and Tribal Assistance Grants .......................................................................... 471 ...... 471 1,398 ...... 1,398 1,121 ...... 1,121

 Payment to the Hazardous Substance Superfund ................................................... ...... ...... ...... 249 ...... 249 313 ...... 313

 Hazardous Substance Superfund ............................................................................ 92 ...... 92 292 ...... 292 148 ...... 148

 Other ....................................................................................................................... 34 8 26 24 10 15 40 4 36

 Proprietary Receipts from the Public ........................................................................ ...... 3 -3 ...... 17 -17 ...... 14 -14

 Intrabudgetary Transactions .................................................................................... 27 ...... 27 -174 ...... -174 -255 ...... -255

 Offsetting Governmental Receipts ........................................................................... ...... 1 -1 ...... 3 -3 ...... 4 -4

 Total--Environmental Protection Agency ........................................................... 866 13 853 2,546 30 2,516 2,156 22 2,133

Executive Office of the President: 

 The White House ..................................................................................................... 4 ...... 4 13 ...... 13 13 ...... 13

 Office of Management and Budget .......................................................................... 6 ...... 6 20 ...... 20 19 ...... 19

 Unanticipated Needs ............................................................................................... 1 ...... 1 3 ...... 3 3 ...... 3

 Other ....................................................................................................................... 22 ...... 22 53 ...... 53 51 ...... 51

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

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

 Total--Executive Office of the President ............................................................ 33 (**) 33 89 (**) 89 86 (**) 86
16

Table 5. Outlays of the U.S. Government, December 2014 and Other Periods —Continued

[$ millions] 

Classification 

This Month Current Fiscal Year to Date Prior Fiscal Year to Date 

Gross 

Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays 

General Services Administration: 

 Real Property Activities ............................................................................................ -35 ...... -35 -141 ...... -141 -83 ...... -83

 Supply and Technology Activities ............................................................................ 14 ...... 14 -126 ...... -126 28 ...... 28

 General Activities ..................................................................................................... 21 ...... 21 45 ...... 45 8 ...... 8

 Proprietary Receipts from the Public ........................................................................ ...... -2 2 ...... 11 -11 ...... 53 -53

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

 Total--General Services Administration ............................................................. 1 -2 3 -222 11 -233 -50 53 -104

International Assistance Programs: 

 Millennium Challenge Corporation ........................................................................... 79 (**) 79 218 (**) 218 435 ...... 435

 International Security Assistance: 

 Pakistan Counterinsurgency Capability Fund ........................................................ ...... ...... ...... ...... ...... ...... 425 ...... 425

 Foreign Military Financing Program ....................................................................... 66 ...... 66 1,273 ...... 1,273 1,678 ...... 1,678

 Economic Support Fund ........................................................................................ 1,022 ...... 1,022 1,904 ...... 1,904 1,081 ...... 1,081

 Other ..................................................................................................................... 74 6 68 232 6 225 253 10 243

 Total--International Security Assistance ............................................................... 1,162 6 1,156 3,410 6 3,403 3,437 10 3,428

 Multilateral Assistance: 

 Contribution to the International Development 

 Other ..................................................................................................................... 65 ...... 65 684 ...... 684 410 ...... 410

 Total--Multilateral Assistance ............................................................................... 65 ...... 65 684 ...... 684 410 ...... 410

 Agency for International Development: 

 Development Assistance Program ......................................................................... 221 ...... 221 659 ...... 659 456 ...... 456

 Assistance for Europe, Eurasia and Central Asia................................................... 17 ...... 17 45 ...... 45 130 ...... 130

 International Disaster Assistance ........................................................................... 92 ...... 92 646 ...... 646 340 ...... 340

 Operating Expenses .............................................................................................. 126 ...... 126 276 ...... 276 235 ...... 235

 Other ..................................................................................................................... 31 ...... 31 90 ...... 90 71 ...... 71

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

 Intrabudgetary Transactions .................................................................................. 5 ...... 5 4 ...... 4 2 ...... 2

 Total--Agency for International Development ....................................................... 492 (**) 491 1,721 1 1,720 1,233 (**) 1,233

 Overseas Private Investment Corporation: 

 Overseas Private Investment Corporation Accounts .............................................. 7 13 -5 19 40 -21 20 39 -20

 Proprietary Receipts from the Public ...................................................................... ...... 27 -27 ...... 52 -52 ...... 54 -54

 Total--Overseas Private Investment Corporation ................................................. 7 39 -32 19 92 -74 20 94 -74

 Peace Corps ............................................................................................................ 33 1 33 90 1 89 79 (**) 79

 International Monetary Programs ............................................................................. 147 ...... 147 327 ...... 327 -74 ...... -74

 Military Sales Programs: 

 Foreign Military Sales Trust Fund .......................................................................... 2,654 ...... 2,654 6,493 ...... 6,493 6,360 ...... 6,360

 Other ..................................................................................................................... 2 (**) 2 15 13 3 8 7 1

 Proprietary Receipts from the Public ...................................................................... ...... 2,287 -2,287 ...... 6,297 -6,297 ...... 7,164 -7,164

 Other ....................................................................................................................... 11 (**) 11 29 1 29 26 (**) 25

 Total--International Assistance Programs ......................................................... 4,653 2,334 2,319 13,006 6,411 6,595 11,935 7,276 4,659

National Aeronautics and Space Administration: 

 Science .................................................................................................................... 494 ...... 494 1,343 ...... 1,343 1,238 ...... 1,238

 Aeronautics .............................................................................................................. 51 ...... 51 142 ...... 142 134 ...... 134

 Exploration ............................................................................................................... 849 ...... 849 1,502 ...... 1,502 1,011 ...... 1,011

 Cross Agency Support ............................................................................................. 252 ...... 252 701 ...... 701 683 ...... 683

 Space Operations .................................................................................................... 569 ...... 569 1,048 ...... 1,048 1,101 ...... 1,101

 Other ....................................................................................................................... 114 ...... 114 337 ...... 337 299 ...... 299

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

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

 Total--National Aeronautics and Space Administration ................................... 2,329 (**) 2,329 5,075 (**) 5,074 4,465 (**) 4,465

National Science Foundation: 

 Research and Related Activities .............................................................................. 393 ...... 393 1,150 ...... 1,150 1,296 ...... 1,296

 Education and Human Resources ........................................................................... 65 ...... 65 187 ...... 187 211 ...... 211

 Other ....................................................................................................................... 55 ...... 55 129 ...... 129 139 ...... 139

 Proprietary Receipts from the Public ........................................................................ ...... 11 -11 ...... 11 -11 ...... 9 -9

 Total--National Science Foundation ................................................................... 514 11 503 1,466 11 1,454 1,646 9 1,637

Office of Personnel Management: 

 Government Payment for Annuitants, Employees 

 Health and Life Insurance Benefits ......................................................................... 946 ...... 946 2,869 ...... 2,869 2,729 ...... 2,729

 Postal Service Retiree Health Benefits Fund ........................................................... ...... ...... ...... ...... ...... ...... -24 ...... -24

 Civil Service Retirement and Disability Fund ........................................................... 6,631 ...... 6,631 20,123 ...... 20,123 19,557 ...... 19,557

 Employees Life Insurance Fund .............................................................................. 234 260 -26 695 1,150 -455 679 1,000 -322

 Employees and Retired Employees Health Benefits Fund ....................................... 4,321 3,747 574 12,301 11,515 786 11,265 11,104 160

 Other ....................................................................................................................... 2 ...... 2 81 ...... 81 194 ...... 194

 Proprietary Receipts from the Public ........................................................................ ...... 1 -1 ...... 2 -2 ...... 4 -4

 Intrabudgetary Transactions: 

 Postal Service Contributions .................................................................................. -765 ...... -765 -765 ...... -765 -749 ...... -749

 Civil Service Retirement and Disability Fund: 

 Other.................................................................................................................... -4 ...... -4 -11 ...... -11 -11 ...... -11

 Total--Office of Personnel Management ............................................................ 11,365 4,007 7,358 35,293 12,667 22,627 33,639 12,109 21,530
17

Table 5. Outlays of the U.S. Government, December 2014 and Other Periods —Continued

[$ millions] 

Classification 

This Month Current Fiscal Year to Date Prior Fiscal Year to Date 

Gross 

Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays 

Small Business Administration: 

 Salaries and Expenses ............................................................................................ 51 ...... 51 143 (**) 143 180 ...... 180

 Business Loans Program ......................................................................................... 6 5 2 15 5 10 68 1 67

 Disaster Loans Program .......................................................................................... 5 (**) 5 14 (**) 14 16 (**) 16

 Other ....................................................................................................................... 12 2 10 31 5 25 9 5 4

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

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

 Total--Small Business Administration ............................................................... 74 5 69 202 9 193 273 7 266

Social Security Administration: 

 Payments to Social Security Trust Funds ................................................................ 3 ...... 3 7,388 ...... 7,388 3,102 ...... 3,102

 Supplemental Security Income Program .................................................................. 9,363 ...... 9,363 18,851 ...... 18,851 18,562 ...... 18,562

 Federal Old-Age and Survivors Insurance Trust Fund 

 (Off-Budget): 

 Benefit Payments ................................................................................................... 60,273 ...... 60,273 179,079 ...... 179,079 170,536 ...... 170,536

 Administrative Expenses ........................................................................................ 240 ...... 240 835 ...... 835 760 ...... 760

 Total--FOASI Trust Fund ..................................................................................... 60,513 ...... 60,513 179,914 ...... 179,914 171,296 ...... 171,296

 Federal Disability Insurance Trust Fund 

 (Off-Budget): 

 Benefit Payments ................................................................................................... 11,703 ...... 11,703 35,205 ...... 35,205 34,849 ...... 34,849

 Administrative Expenses ........................................................................................ 218 ...... 218 663 ...... 663 627 ...... 627

 Total--FDI Trust Fund .......................................................................................... 11,921 ...... 11,921 35,867 ...... 35,867 35,476 ...... 35,476

 Other ....................................................................................................................... 37 ...... 37 63 ...... 63 103 ...... 103

 Proprietary Receipts from the Public: 

 On-Budget ............................................................................................................. ...... 212 -212 ...... 564 -564 ...... 620 -620

 Off-Budget ............................................................................................................. ...... 2 -2 ...... 10 -10 ...... 11 -11

 Intrabudgetary Transactions: 

 Off-Budget2 ............................................................................................................ -3 ...... -3 -7,387 ...... -7,387 -3,101 ...... -3,101

 Total--Social Security Administration .............................................................. 81,834 215 81,619 234,696 574 234,122 225,437 631 224,807

Other Independent Agencies: 

 Broadcasting Board of Governors ............................................................................ 41 (**) 41 155 -1 156 105 (**) 106

 Bureau of Consumer Financial Protection................................................................ 36 (**) 36 123 (**) 123 102 (**) 102

 Corporation for National and Community Service .................................................... 76 (**) 76 244 (**) 244 231 (**) 231

 Corporation for Public Broadcasting ........................................................................ ...... ...... ...... 445 ...... 445 445 ...... 445

 District of Columbia: 

 Courts .................................................................................................................... 23 ...... 23 64 ...... 64 69 ...... 69

 General and Special Payments.............................................................................. 35 ...... 35 119 (**) 119 164 (**) 164

 Equal Employment Opportunity Commission ........................................................... 27 (**) 27 94 (**) 94 83 (**) 83

 Export-Import Bank of the United States .................................................................. -54 429 -483 -98 565 -663 -152 92 -244

 Federal Communications Commission: 

 Universal Service Fund .......................................................................................... 704 ...... 704 2,307 ...... 2,307 2,621 ...... 2,621

 Spectrum Auction Program Account ...................................................................... (**) ...... (**) (**) ...... (**) (**) ...... (**)

 Other ..................................................................................................................... 34 2 32 84 5 79 95 6 88

 Federal Deposit Insurance Corporation: 

 Deposit Insurance Fund ......................................................................................... -1,998 ...... -1,998 -1,974 ...... -1,974 -3,766 ...... -3,766

 FSLIC Resolution Fund .......................................................................................... (**) (**) (**) 1 (**) 1 1 3 -2

 Total--Federal Deposit Insurance Corporation ..................................................... -1,998 (**) -1,998 -1,973 (**) -1,974 -3,766 3 -3,768

 Federal Drug Control Programs ............................................................................... 20 ...... 20 63 ...... 63 58 ...... 58

 Federal Housing Finance Agency ............................................................................ 19 ...... 19 62 ...... 62 60 ...... 60

 Intelligence Community Management Account ........................................................ 47 ...... 47 107 ...... 107 107 ...... 107

 Legal Services Corporation ...................................................................................... 58 ...... 58 88 ...... 88 (**) ...... (**)

 National Archives and Records Administration ........................................................ 32 2 30 93 7 86 87 6 80

 National Credit Union Administration ....................................................................... 23 59 -36 94 426 -332 -1,305 1,145 -2,450

 National Endowments and Institute of Museum/Library Svc: 

 National Endowment for the Arts ........................................................................... 10 (**) 10 35 (**) 35 36 (**) 35

 National Endowment for the Humanities ................................................................ 12 (**) 12 36 (**) 36 31 (**) 31

 Institute of Museum and Library Services .............................................................. 22 ...... 22 69 ...... 69 64 (**) 64

 National Labor Relations Board ............................................................................... 20 (**) 20 63 (**) 63 61 (**) 61

 Nuclear Regulatory Commission.............................................................................. 79 5 74 239 242 -3 226 199 27

 Postal Service: 

 Off-Budget: 

 Public Enterprise Funds ....................................................................................... 5,211 6,950 -1,739 16,833 19,079 -2,247 16,883 18,364 -1,481

 Other.................................................................................................................... ...... ...... ...... 50 ...... 50 75 ...... 75

 Other ..................................................................................................................... ...... ...... ...... 71 ...... 71 78 ...... 78
18

Table 5. Outlays of the U.S. Government, December 2014 and Other Periods —Continued

[$ millions] 

Classification 

This Month Current Fiscal Year to Date Prior Fiscal Year to Date 

Gross 

Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays 

Other Independent Aencies:—Continued 

 Railroad Retirement Board: 

 Federal Windfall Subsidy ....................................................................................... 3 ...... 3 8 ...... 8 8 ...... 8

 Federal Payments to the Railroad Retirement Accounts ........................................ (**) ...... (**) 151 ...... 151 169 ...... 169

 Railroad Unemployment Insurance Trust Fund: 

 Benefit Payments ................................................................................................. 9 ...... 9 24 ...... 24 23 ...... 23

 Transfer to Administrative Funds ......................................................................... 1 ...... 1 3 ...... 3 3 ...... 3

 Rail Industry Pension Fund: 

 Benefit Payments ................................................................................................. 422 ...... 422 1,264 ...... 1,264 1,243 ...... 1,243

 Advances from FOASDI Fund.............................................................................. ...... ...... ...... ...... ...... ...... -376 ...... -376

 OASDI Certifications ............................................................................................ -1 ...... -1 -3 ...... -3 375 ...... 375

 Transfer to Administrative Funds ......................................................................... 4 ...... 4 14 ...... 14 16 ...... 16

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

 National Railroad Retirement Investment Trust: 

 Administrative Expenses ...................................................................................... 7 ...... 7 17 ...... 17 12 ...... 12

 Transfers to the Railroad Retirement Trust Funds from 

 the National Railroad Retirement Investment Trust ............................................. 213 ...... 213 230 ...... 230 193 ...... 193

 Railroad Social Security Equivalent Benefit Account: 

 Benefit Payments ................................................................................................. 579 ...... 579 1,738 ...... 1,738 1,681 ...... 1,681

 Transfer to Administrative Funds ......................................................................... 2 ...... 2 7 ...... 7 7 ...... 7

 Other ..................................................................................................................... 9 ...... 9 8 ...... 8 2 ...... 2

 Proprietary Receipts from the Public ...................................................................... ...... 291 -291 ...... -208 208 ...... 1,859 -1,859

 Intrabudgetary Transactions: 

 Other.................................................................................................................... -213 ...... -213 -381 ...... -381 -362 ...... -362

 Total--Railroad Retirement Board ...................................................................... 1,034 291 742 3,080 -208 3,288 2,993 1,859 1,134

 Securities and Exchange Commission ..................................................................... 131 (**) 131 379 (**) 378 297 (**) 297

 Smithsonian Institution ............................................................................................. 90 (**) 90 232 (**) 232 230 (**) 230

 Tennessee Valley Authority ..................................................................................... 3,385 3,091 294 11,343 10,852 491 14,691 15,333 -642

 Other ....................................................................................................................... 407 22 385 682 81 601 598 88 510

 Total--Other Independent Agencies ................................................................... 9,525 10,851 -1,326 35,180 31,049 4,131 35,266 37,096 -1,830

Undistributed Offsetting Receipts: 

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

 Employer Share, Employee Retirement: 

 Department of Health and Human Services: 

 Federal Hospital Insurance Trust Fund: 

 Federal Employer Contributions ......................................................................... -296 ...... -296 -888 ...... -888 -924 ...... -924

 Postal Service Employer Contributions .............................................................. -51 ...... -51 -153 ...... -153 -152 ...... -152

 Department of State: 

 Foreign Service Retirement and Disability Fund .................................................. -26 ...... -26 -87 ...... -87 -87 ...... -87

 Other Defense Civil Programs: 

 Military Retirement Fund ...................................................................................... -1,643 ...... -1,643 -11,105 ...... -11,105 -11,394 ...... -11,394

 Department of Defense Medicare-Eligible 

 Retiree Health Care Fund ................................................................................... ...... ...... ...... -7,229 ...... -7,229 -7,650 ...... -7,650

 Office of Personnel Management: 

 Postal Service Contributions for Benefits 

 Civil Service Retirement and Disability Fund ....................................................... -2,117 ...... -2,117 -6,329 ...... -6,329 -5,852 ...... -5,852

 Social Security Administration (Off-Budget): 

 Federal Old-Age and Survivors Insurance Trust Fund: 

 Federal Employer Contributions ......................................................................... -1,062 ...... -1,062 -3,186 ...... -3,186 -3,237 ...... -3,237

 Federal Disability Insurance Trust Fund: 

 Federal Employer Contributions ......................................................................... -181 ...... -181 -541 ...... -541 -550 ...... -550

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

 Total--Employer Share, Employee Retirement ..................................................... -5,376 ...... -5,376 -29,519 ...... -29,519 -29,847 ...... -29,847
19

Table 5. Outlays of the U.S. Government, December 2014 and Other Periods —Continued

[$ millions] 

Classification 

This Month Current Fiscal Year to Date Prior Fiscal Year to Date 

Gross 

Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays 

Undistributed Offsetting Receipts:—Continued 

 Interest Received by Trust Funds: 

 Judicial Branch: 

 Judicial Survivors Annuity Fund ........................................................................... -1 ...... -1 4 ...... 4 -3 ...... -3

 Department of Health and Human Services: 

 Federal Hospital Insurance Trust Fund ................................................................ -4,272 ...... -4,272 -4,312 ...... -4,312 -4,440 ...... -4,440

 Federal Supplementary Medical Insurance Trust Fund ........................................ -1,024 ...... -1,024 -1,082 ...... -1,082 -1,145 ...... -1,145

 Department of Homeland Security: 

 Oil Spill Liability Trust Fund ................................................................................. (**) ...... (**) -13 ...... -13 -14 ...... -14

 Other.................................................................................................................... -1 ...... -1 -2 ...... -2 -2 ...... -2

 Department of Labor: 

 Unemployment Trust Fund .................................................................................. -352 ...... -352 -398 ...... -398 -307 ...... -307

 Department of State: 

 Foreign Service Retirement and Disability Fund .................................................. -313 ...... -313 -313 ...... -313 -326 ...... -326

 Department of Transportation: 

 Airport and Airway Trust Fund ............................................................................. -111 ...... -111 -123 ...... -123 -108 ...... -108

 Department of Veterans Affairs: 

 National Service Life Insurance Fund .................................................................. -115 ...... -115 -118 ...... -118 -139 ...... -139

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

 Corps of Engineers ................................................................................................ -2 ...... -2 -20 ...... -20 -24 ...... -24

 Other Defense Civil Programs: 

 Military Retirement Fund ...................................................................................... 1,049 ...... 1,049 10,476 ...... 10,476 5,670 ...... 5,670

 Educational Benefits Fund ................................................................................... 2 ...... 2 -8 ...... -8 -12 ...... -12

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

 Environmental Protection Agency .......................................................................... (**) ...... (**) (**) ...... (**) (**) ...... (**)

 Office of Personnel Management: 

 Civil Service Retirement and Disability Fund ....................................................... -14,770 ...... -14,770 -14,788 ...... -14,788 -15,643 ...... -15,643

 Social Security Administration (Off-Budget): 

 Federal Old-Age and Survivors Insurance Trust Fund ......................................... -46,222 ...... -46,222 -46,455 ...... -46,455 -47,893 ...... -47,893

 Federal Disability Insurance Trust Fund............................................................... -1,350 ...... -1,350 -1,477 ...... -1,477 -2,103 ...... -2,103

 Independent Agencies: 

 Railroad Retirement Board .................................................................................. -6 ...... -6 -14 ...... -14 -5 ...... -5

 Other.................................................................................................................... -1 ...... -1 -3 ...... -3 -3 ...... -3

 Other ..................................................................................................................... -11 ...... -11 -36 ...... -36 -46 ...... -46

 Total--Interest Received by Trust Funds .............................................................. -67,500 ...... -67,500 -58,684 ...... -58,684 -66,544 ...... -66,544

 Rents and Royalties on the Outer Continental Shelf Lands ..................................... ...... 946 -946 ...... 1,457 -1,457 ...... 1,644 -1,644

 Total--Undistributed Offsetting Receipts ........................................................... -72,876 946 -73,822 -88,204 1,457 -89,661 -96,391 1,644 -98,035

 Total Outlays .......................................................................................................... 371,467 38,007 333,460 1,015,139 98,994 916,146 974,615 135,604 839,011

 Total On-Budget ................................................................................................... 342,640 31,055 311,585 841,520 79,905 761,615 807,770 117,230 690,540

 Total Off-Budget .................................................................................................. 28,827 6,952 21,875 173,620 19,089 154,530 166,845 18,374 148,471

 Total Surplus (+) or Deficit (-) ............................................................................... +1,867 -176,664 -172,590

 Total On-Budget ................................................................................................... -31,292 -185,689 -182,961

 Total Off-Budget .................................................................................................. +33,159 +9,025 +10,371

MEMORANDUM 

 Receipts Offset Against Outlays (In Millions) 

Current 

Fiscal Year 

to Date 

Comparable 

Period Prior 

Fiscal Year 

 Proprietary Receipts ...................................................................... 45,129 80,061 

 Intrabudgetary Transactions .......................................................... 244,545 255,901 

 Governmental Receipts ................................................................. 2,248 2,050 

 Total Receipts Offset Against Outlays ...................................... 291,921 338,012 

1The $5 billion Financial Institutions Reform, Recovery and Enforcement Act (FIRREA) 

penalty, reported in October under a suspense account and related to the Justice 

Department settlement with Bank of America for financial fraud leading up to and during the 

financial crisis, has been reclassified from budget outlays to budget receipts.

2Includes FICA and SECA tax credits, non-contributory military service credits, special 

benefits for the aged, and credit for the unnegotiated OASI benefit checks.

... No Transactions

(**) Less than $500,000

Note: Details may not add to totals due to rounding. 
20

Table 6. Means of Financing the Deficit or Disposition of Surplus by the U.S. Government, December 2014 and 

 Other Periods 

[$ millions] 

Assets and Liabilities 

 Directly Related to 

 Budget Off-Budget Activity 

Net Transactions 

(-) denotes net reduction of either 

liability or asset accounts 

Account Balances 

Current Fiscal Year 

This Month Fiscal Year to Date Beginning of Close of 

This Year Prior Year This Year This Month This Month 

Liability Accounts: 

 Borrowing from the Public: 

 Treasury Securities, Issued Under General 

 Financing Authorities: 

 Debt Held by the Public .................................................................................................... 101,270 238,980 379,147 12,784,971 12,922,682 13,023,951

 Intragovernmental Holdings .............................................................................................. 34,625 78,393 234,640 5,039,100 5,082,868 5,117,493

 Total Treasury Securities Outstanding ............................................................................ 135,895 317,373 613,787 17,824,071 18,005,549 18,141,444

 Plus Premium on Treasury Securities ........................................................................... 82 158 -720 34,211 34,287 34,368

 Less Discount on Treasury Securities ........................................................................... 132 -928 7,204 90,118 89,058 89,190

 Total Treasury Securities Net of 

 Premium and Discount ............................................................................................... 135,844 318,458 605,863 17,768,163 17,950,777 18,086,622

 Agency Securities, Issued Under Special Financing 

 Authorities (See Schedule B; for Other Agency 

 Borrowing, See Schedule C) ............................................................................................. 286 519 -611 23,860 24,093 24,379

 Total Federal Securities .................................................................................................... 136,131 318,978 605,252 17,792,023 17,974,870 18,111,001

 Deduct: 

 Federal Securities Held as Investments 

 of Government Accounts (See Schedule D) ................................................................ 34,554 78,366 239,571 5,039,265 5,083,077 5,117,631

 Less Discount on Federal Securities Held as 

 Investments of Government Accounts ....................................................................... -23 -119 5,256 26,677 26,582 26,558

 Net Federal Securities Held as Investments 

 of Government Accounts.......................................................................................... 34,577 78,485 234,315 5,012,588 5,056,495 5,091,072

 Total Borrowing from the Public .............................................................................. 101,553 240,493 370,937 12,779,436 12,918,375 13,019,929

 Accrued Interest Payable to the Public ................................................................................. 6,655 4,544 4,552 53,839 51,728 58,384

 Allocations of Special Drawing Rights ................................................................................... -545 -1,193 209 52,358 51,711 51,166

 Deposit Funds ...................................................................................................................... 4,709 1,770 -122,604 12,155 9,216 13,925

 Miscellaneous Liability Accounts (Includes Checks 

 Outstanding Etc.) ................................................................................................................. -1,191 185 425 8,166 9,542 8,350

 Total Liability Accounts .................................................................................................. 111,181 245,799 253,520 12,905,954 13,040,572 13,151,753

Asset Accounts (Deduct) 

 Cash and Monetary Assets: 

 U.S. Treasury Operating Cash: 

 Federal Reserve Account ................................................................................................. 115,182 65,151 74,013 158,302 108,270 223,452

 Balance ........................................................................................................................... 115,182 65,151 74,013 158,302 108,270 223,452

 Special Drawing Rights: 

 Total Holdings ................................................................................................................... -553 -1,207 218 53,148 52,494 51,941

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

 Balance ........................................................................................................................... -553 -1,207 218 47,948 47,294 46,741

 Reserve Position on the U.S. Quota in the IMF: 

 U.S. Subscription to International Monetary Fund: 

 Direct Quota Payments ................................................................................................... ...... (**) ...... 54,424 54,424 54,424

 Maintenance of Value Adjustments ................................................................................. -650 -1,423 249 8,385 7,612 6,962

 Letter of Credit Issued to IMF ........................................................................................... -1,000 -1,185 -2,748 -49,658 -49,843 -50,843

 Dollar Deposits with the IMF ............................................................................................. -15 -17 -9 -161 -163 -178

 Receivable/payable (-) for Interim Maintenance 

 of Value Adjustments ....................................................................................................... 503 1,096 -175 1,798 2,391 2,894

 Balance ........................................................................................................................... -1,162 -1,529 -2,683 14,789 14,421 13,259

 Loans to International Monetary Fund ................................................................................ -846 -1,384 -83 14,212 13,674 12,828

 Other Cash and Monetary Assets ....................................................................................... -97 -22 -329 25,849 25,924 25,827

 Total Cash and Monetary Assets ...................................................................................... 112,523 61,008 71,136 261,100 209,584 322,107

 Non-Federal Securities of the National Railroad 

 Retirement Investment Trust ................................................................................................ -14 -380 1,622 25,678 25,311 25,297

 Net Activity, Guaranteed Loan Financing (See Schedule E) ................................................. 254 2,366 2,761 1,993 4,105 4,359

 Net Activity, Direct Loan Financing (See Schedule E) .......................................................... 942 7,071 3,457 1,061,797 1,067,926 1,068,867

 Miscellaneous Asset Accounts ............................................................................................. -657 -928 946 809 537 -119

 Total Asset Accounts ...................................................................................................... 113,048 69,135 79,921 1,351,376 1,307,463 1,420,511

Excess of Liabilities (+) or Assets (-) .................................................................................. -1,867 176,664 173,598 11,554,578 11,733,109 11,731,242

Transactions Not Applied to Current Year's Surplus 

 or Deficit (See Schedule A for Details) ................................................................................... ...... (**) -1,008 ...... (**) (**)

Total Budget and Off-Budget Federal Entities 

 (Financing of Deficit (+) or Disposition Of Surplus (-)) .................................................... -1,867 176,664 172,590 11,554,578 11,733,109 11,731,242

Note: Major sources of information used to determine Treasury’s operating cash balance 

include Federal Reserve Banks, Treasury Regional Finance Centers, Internal Revenue 

Service Centers, various electronic systems, and information on the Public Debt. 

Information is presented on a modified cash basis. Deposits are reflected as received and 

withdrawals are reflected as processed. 

... No Transactions

Note: Details may not add to totals due to rounding. 
21

Table 6. Schedule A-Analysis of Change in Excess of Liabilities of the U.S. Government, December 2014 and 

 Other Periods 

[$ millions] 

Classification This Month Fiscal Year to Date 

This Year Prior Year 

 

Excess of Liabilities Beginning of Period: 

 Based on Composition of Unified Budget in 

 Preceding Period ................................................................................................................. 11,733,109 11,554,592 11,070,365 

 Adjustments During Current Fiscal Year for 

 Changes in Composition of Unified Budget: 

 Revisions by Federal Agencies to the Prior Budget Results ............................................. ...... -14 42 

Excess of Liabilities Beginning of Period (Current Basis) ........................................................ 11,733,109 11,554,578 11,070,408 

Budget Surplus (-) or Deficit: 

 Based on Composition of Unified Budget in Prior Fiscal Year ........................................... -1,867 176,664 172,590 

Total Surplus (-) or Deficit (Table 2) ........................................................................................ -1,867 176,664 172,590 

 Total-On-Budget (Table 2) .................................................................................................... 31,292 185,689 182,961 

 Total-Off-Budget (Table 2) .................................................................................................... -33,159 -9,025 -10,371 

Transactions Not Applied to Current Year's Surplus or Deficit: 

 Premium/discount on Buyback of U.S. Treasury Securities .................................................. ...... (**) ...... 

 Reclassification of Aged Unreconciled Accounts .................................................................. ...... ...... 1,008 

 Total-Transactions Not Applied to Current Year's Surplus or Deficit ................................... ...... (**) 1,008 

Excess of Liabilities Close of Period .................................................................................. 11,731,242 11,731,242 11,244,006 

... No Transactions 

(**) Less than $500,000. 

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

Table 6. Schedule B-Securities Issued by Federal Agencies Under Special Financing Authorities, December 2014 and 

 Other Periods 

[$ millions] 

Classification 

Net Transactions 

(-) denotes net reduction of 

liability accounts 

Account Balances 

Current Fiscal Year 

This Month Fiscal Year to Date Beginning of Close of 

This Year Prior Year This Year This Month This Month 

Agency Securities, Issued Under Special Financing 

Authorities: 

 Obligations Guaranteed by the United States, 

 Issued By: 

 Department of Housing and Urban Development: 

 Federal Housing Administration ........................................................................................ ...... ...... ...... 19 19 19 

 Obligations Not Guaranteed by the United States, 

 Issued By: 

 Legislative Branch: 

 Architect of the Capitol ...................................................................................................... 1 2 3 106 107 108 

 Independent Agencies: 

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

 National Archives and Records Administration ................................................................. ...... ...... ...... 116 116 116 

 Tennessee Valley Authority .............................................................................................. 285 517 -614 23,620 23,851 24,137 

 Total Agency Securities ............................................................................................... 286 519 -611 23,860 24,093 24,379 

... No Transactions 

 (**) Less than $500,000. 

Note: Details may not add to totals due to rounding. 
22

Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Treasury Securities, 

 December 2014 and Other Periods —Continued 

[$ millions] 

Classification 

Transactions Account Balances 

Current Fiscal Year 

This Month Fiscal Year to Date Beginning of Close of 

This Year Prior Year This Year This Month This Month 

Borrowing from the Treasury: 

 Department of Agriculture: 

 Farm Service Agency: 

 Commodity Credit Corporation.......................................................................................... -10,339 -4,450 416 9,811 15,700 5,361

 Agricultural Credit Insurance Fund .................................................................................... 149 393 431 8,257 8,500 8,649

 Farm Storage Facility Loans ............................................................................................. -134 77 308 994 1,205 1,071

 Emergency Boll Weevil Loan Fund ................................................................................... ...... ...... ...... 2 2 2

 Rural Housing Service: 

 Rural Housing Insurance .................................................................................................. 91 248 174 16,369 16,525 16,617

 Rural Community Facility Loans Fund .............................................................................. 61 277 179 5,517 5,733 5,794

 Multifamily Housing Revitalization Loan Account .............................................................. 3 10 3 240 247 250

 Rural Business - Cooperative Service: 

 Rural Business and Industry Loans .................................................................................. ...... ...... ...... 68 68 68

 Rural Development Loan Fund ......................................................................................... 1 3 3 316 319 319

 Rural Economic Development Loan Fund ......................................................................... 6 16 13 169 179 185

 Renewable Energy Guaranteed Loan Account ................................................................. ...... ...... ...... (**) (**) (**)

 Rural Microenterprise Investment Loans ........................................................................... 1 1 2 22 22 23

 Rural Utilities Service: 

 Rural Water and Waste Disposal Fund ............................................................................. 70 217 223 12,257 12,404 12,474

 Rural Electrification and Telecommunications Fund ......................................................... 29 115 106 12,308 12,394 12,423

 Rural Telephone Bank ...................................................................................................... ...... ...... ...... 293 293 293

 Distance Learning and Telemedicine Program ................................................................. 24 41 38 1,345 1,362 1,386

 Foreign Agricultural Service ................................................................................................ ...... ...... ...... 748 748 748

 Department of Commerce: 

 Departmental Management: 

 National Oceanic and Atmospheric Administration: 

 Fisheries Finance ............................................................................................................. 58 73 29 511 526 584

 Public Safety Trust Fund ................................................................................................... ...... ...... ...... 779 779 779

 State and Local Implementation Fund .............................................................................. ...... ...... ...... 22 22 22

 Department of Defense - Military Programs: 

 Family Housing Improvement Loans ................................................................................... ...... 19 83 1,391 1,410 1,410

 Department of Education: 

 College Housing and Academic Facilities Loans................................................................. ...... (**) (**) 32 32 32

 Federal Direct Student Loans ............................................................................................. ...... 41,569 48,344 855,279 896,848 896,848

 Teach Grant Loans ............................................................................................................. 11 20 17 555 565 575

 Temporary Student Loan Purchase Authority ..................................................................... ...... -266 -178 66,274 66,007 66,007

 Federal Family Education Loans......................................................................................... ...... ...... ...... 43,254 43,254 43,254

 Department of Energy: 

 Bonneville Power Administration Fund ............................................................................... 30 156 180 4,242 4,368 4,398

 Western Area Power Administration - Recovery Act ........................................................... ...... ...... 18 92 92 92

 Title 17 Innovative Technology Loans ................................................................................. 14 14 ...... 91 91 105

 Advanced Technology Vehicles Manufacturing Loans ........................................................ ...... ...... 70 27 27 27

 Department of Health and Human Services: 

 Consumer Operated and Oriented Plan Program Contingency Fund ................................. ...... 206 47 37 243 243

 Consumer Operated and Oriented Plan .............................................................................. ...... 163 249 857 1,019 1,019

 Department of Homeland Security: 

 National Flood Insurance Fund ........................................................................................... -1,000 -1,000 ...... 24,000 24,000 23,000

 Disaster Assistance Loan Fund .......................................................................................... ...... ...... 3 81 81 81

 Department of Housing and Urban Development: 

 Public and Indian Housing Programs: 

 Low-Rent Public Housing - Loans and Other Expenses ................................................... ...... ...... ...... 116 116 116

 Native Hawaiian Housing Loans ....................................................................................... ...... ...... ...... 6 6 6

 Housing Programs: 

 Emergency Homeowners' Relief Fund .............................................................................. ...... ...... ...... 3 3 3

 Federal Housing Administration ........................................................................................ ...... 10 ...... 27,528 27,538 27,538

 Green Retrofit Program for Multifamily Housing-Recovery Act ......................................... ...... ...... ...... 8 8 8
23

Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Treasury Securities, 

 December 2014 and Other Periods —Continued 

[$ millions] 

Classification 

Transactions Account Balances 

Current Fiscal Year 

This Month Fiscal Year to Date Beginning of Close of 

This Year Prior Year This Year This Month This Month 

Borrowing from the Treasury:—Continued 

 Department of the Interior: 

 Helium Fund ....................................................................................................................... ...... ...... -44 ...... ...... ......

 Bureau of Reclamation Loan Fund ..................................................................................... ...... ...... ...... 34 34 34

 Bureau of Indian Affairs ...................................................................................................... ...... (**) (**) 5 5 5

 Assistance to American Samoa Loan Fund ........................................................................ ...... ...... ...... 9 9 9

 Department of Labor: 

 Black Lung Disability Trust Fund......................................................................................... ...... ...... ...... 4,733 4,733 4,733

 Department of State: 

 Repatriation Loans .............................................................................................................. ...... (**) (**) 4 4 4

 Department of Transportation: 

 Federal Aviation Administration: 

 Federal Highway Administration: 

 Transportation Infrastructure Finance and Innovation Fund .............................................. 54 235 488 7,342 7,523 7,577

 Federal Railroad Administration: 

 Railroad Rehabilitation and Improvement Loan Fund ....................................................... ...... 24 12 843 867 867

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

 Maritime Administration: 

 Department of Treasury: 

 Departmental Offices: 

 Community Development Financial Institutions Fund ....................................................... ...... (**) 1 53 54 54

 Temporary Credit and Liquidity Program .......................................................................... ...... ...... ...... 8,072 8,072 8,072

 Troubled Asset Relief Program ......................................................................................... ...... ...... -3,453 1,304 1,304 1,304

 Small Business Lending Financing Fund .......................................................................... ...... ...... ...... 3,212 3,212 3,212

 Federal Financing Bank Revolving Fund ............................................................................ -139 -471 -7,707 56,528 56,196 56,057

 Department of Veterans Affairs: 

 Veterans Housing Benefit Program Fund ............................................................................ ...... 446 333 624 1,070 1,070

 Native American Veteran Housing Fund ............................................................................. ...... 9 8 67 76 76

 Vocational Rehabilitation Loan Fund .................................................................................. (**) (**) 1 1 1 2

 Corps of Engineers: 

 Washington Aqueduct ......................................................................................................... (**) (**) (**) 1 1 1

 Environmental Protection Agency: 

 Abatement, Control, and Compliance Loan Program .......................................................... ...... ...... ...... (**) (**) (**)

 International Assistance Program: 

 International Security Assistance: 

 Military Debt Reduction ..................................................................................................... ...... ...... ...... 37 37 37

 Agency for International Development: 

 International Debt Reduction ............................................................................................ ...... ...... ...... 478 478 478

 Development Credit Authority Loan Fund ......................................................................... ...... ...... ...... 3 3 3

 Overseas Private Investment Corporation .......................................................................... 53 141 91 2,807 2,895 2,947

 International Monetary Programs ........................................................................................ ...... ...... ...... 7,847 7,847 7,847

 Small Business Administration: 

 Business Loan Fund ........................................................................................................... ...... ...... 3 1,706 1,706 1,706

 Disaster Loan Fund ............................................................................................................ 150 150 300 6,051 6,051 6,201

 Independent Agencies: 

 Export-Import Bank of the United States ............................................................................. 258 428 855 21,634 21,804 22,062

 Federal Communications Commission: 

 National Credit Union Administration .................................................................................. ...... ...... -1,825 2,600 2,600 2,600

 Presidio Trust Fund ............................................................................................................ ...... ...... ...... 50 50 50

 Railroad Retirement Board: 

 Social Security Equivalent Benefit Account ....................................................................... 359 1,002 981 3,532 4,175 4,534

 Smithsonian Institution: 

 John F. Kennedy Center Parking Facilities ....................................................................... ...... ...... ...... 20 20 20

 Total Agency Borrowing from the Treasury 

 Financed Through Treasury Securities Issued ............................................................ -10,191 39,874 40,798 1,223,498 1,273,563 1,263,372
24

Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Treasury Securities, 

 December 2014 and Other Periods —Continued 

[$ millions] 

Classification 

Transactions Account Balances 

Current Fiscal Year 

This Month Fiscal Year to Date Beginning of Close of 

This Year Prior Year This Year This Month This Month 

Borrowing from the Federal Financing Bank: 

 Department of Agriculture: 

 Rural Utilities Service: 

 Rural Electrification and Telecommunications Fund ......................................................... -36 -975 541 42,725 41,786 41,750

 Department of Defense - Military Programs: 

 Department of Education: 

 Historically Black College and University Capital 

 Financing Fund .................................................................................................................. 29 30 15 1,260 1,261 1,289

 Department of Energy: 

 Title 17 Innovative Technology Loans ................................................................................. -67 -134 248 9,369 9,301 9,234

 Advanced Technology Vehicles Manufacturing .................................................................. -163 -163 -314 5,160 5,160 4,998

 Department of Health and Human Services: 

 Health Maintenance Organization Loan and 

 Loan Guarantee Fund ........................................................................................................ ...... ...... ...... (**) (**) (**)

 Department of Housing and Urban Development: 

 Federal Housing Administration .......................................................................................... (**) 72 ...... ...... 72 72

 Department of the Interior: 

 Department of Transportation: 

 Railroad Rehabilitation and Improvement Loan Fund ......................................................... ...... ...... (**) ...... ...... ......

 Department of Treasury 

 Community Development Financial Institutions Fund-Bond Guarantee .............................. (**) 8 ...... 38 46 46

 Department of Veterans Affairs: 

 Guaranteed Transitional Housing for Homeless Veterans .................................................. ...... ...... ...... 5 5 5

 General Services Administration: 

 Federal Buildings Fund ....................................................................................................... ...... ...... -18 ...... ...... ......

 International Assistance Program: 

 Foreign Military Financing Program .................................................................................... ...... ...... -3 ...... ...... ......

 Independent Agencies: 

 Postal Service ..................................................................................................................... ...... ...... ...... 15,000 15,000 15,000

 Total Borrowing from the Federal Financing Bank ....................................................... -238 -1,163 467 73,555 72,630 72,392

Note: This table includes lending by the Federal Financing Bank accomplished by the 

purchase of agency financial assets, by the acquisition of agency debt securities, and by 

direct loans on behalf of an agency. The Federal Financing Bank borrows from Treasury 

and issues its own securities and in turn may loan these funds to agencies in lieu of 

agencies borrowing directly through Treasury or issuing their own securities.

... No Transactions

(**) Less than $500,000

Note: Details may not add to totals due to rounding. 
25

This Page Left Blank Intentionally 
26

Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities, December 2014 and 

 Other Periods —Continued 

[$ millions] 

Classification 

Net Purchases or Sales (-) Securities Held as Investments 

Current Fiscal Year 

This Month Fiscal Year to Date Beginning of Close of 

This Year Prior Year This Year This Month This Month 

Federal Funds: 

 Department of Agriculture ..................................................................................................... ...... ...... ...... 143 143 143

 Department of Commerce ..................................................................................................... -2 ...... ...... ...... 2 ......

 Department of Defense-Military Programs: 

 Defense Cooperation Account ............................................................................................ ...... (**) (**) 8 8 8

 Department of Energy ........................................................................................................... -33 41 272 55,464 55,537 55,504

 Department of Health and Human Services .......................................................................... ...... ...... ...... 2,101 2,101 2,101

 Department of Homeland Security ........................................................................................ 60 129 ...... ...... 68 129

 Department of Housing and Urban Development: 

 Housing Programs: 

 Federal Housing Administration Fund ............................................................................... 921 3,084 1,803 6,379 8,542 9,463

 Government National Mortgage Association: 

 Guarantees of Mortgage-Backed Securities ..................................................................... ...... (**) 9 151 151 151

 Department of the Interior ..................................................................................................... 349 919 145 6,848 7,419 7,767

 Department of Labor ............................................................................................................. -199 2,026 352 17,490 19,716 19,517

 Department of Transportation ............................................................................................... 19 -98 108 2,180 2,063 2,081

 Department of the Treasury .................................................................................................. 11 -16 36 25,317 25,290 25,302

 Department of Veterans Affairs: 

 Veterans Reopened Insurance Fund .................................................................................. 1 -4 -3 199 194 195

 Servicemen's Group Life Insurance Fund ........................................................................... (**) (**) (**) 1 1 1

 Other Defense Civil Programs: 

 Uniformed Services Retiree Health Care Fund ................................................................... -1,047 7,705 10,568 200,372 209,124 208,077

 Office of Personnel Management: 

 Postal Service Contributions ............................................................................................... 765 765 5,375 48,468 48,468 49,233

 Independent Agencies: 

 Federal Deposit Insurance Corporation: 

 Deposit Insurance Fund .................................................................................................... 2,007 1,989 3,817 48,750 48,732 50,739

 FSLIC Resolution Fund ..................................................................................................... (**) (**) 1 827 827 827

 Federal Housing Finance Agency ....................................................................................... -16 50 50 64 130 114

 National Credit Union Administration .................................................................................. 23 338 633 11,555 11,870 11,894

 Postal Service ..................................................................................................................... 1,791 2,209 1,490 5,450 5,868 7,659

 Tennessee Valley Authority ................................................................................................ (**) (**) (**) 25 25 25

 Other .................................................................................................................................. 63 -46 182 17,190 17,080 17,143

 Other .................................................................................................................................... -123 -233 509 13,550 13,440 13,317

 Total Treasury Securities .................................................................................................. 4,591 18,859 25,348 462,532 476,799 481,390

 Total Federal Funds ...................................................................................................... 4,591 18,859 25,348 462,532 476,799 481,390

Trust Funds: 

 Legislative Branch: 

 Library of Congress ............................................................................................................ -1 -6 -3 29 24 23

 United States Tax Court...................................................................................................... ...... (**) (**) 11 11 11

 Other .................................................................................................................................. 4 3 (**) 30 30 33

 Judicial Branch: 

 Judicial Retirement Funds .................................................................................................. -6 -8 22 1,084 1,081 1,075

 Department of Agriculture ..................................................................................................... ...... ...... ...... 6 6 6

 Department of Defense-Military Programs: 

 Voluntary Separation Incentive Fund .................................................................................. 18 23 (**) 222 227 244

 Other .................................................................................................................................. 1 3 -29 875 878 879

 Department of Health and Human Services: 

 Federal Hospital Insurance Trust Fund ............................................................................... 603 -4,320 -760 202,207 197,284 197,887

 Federal Supplementary Medical Insurance Trust 

 Fund .................................................................................................................................. -52 708 7,497 68,391 69,151 69,099

 Other .................................................................................................................................. -3 48 88 3,385 3,437 3,433
27

Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities, December 2014 and 

 Other Periods —Continued 

[$ millions] 

Classification 

Net Purchases or Sales (-) Securities Held as Investments 

Current Fiscal Year 

This Month Fiscal Year to Date Beginning of Close of 

This Year Prior Year This Year This Month This Month 

Trust Funds:—Continued 

 Department of Homeland Security ........................................................................................ -37 44 74 5,589 5,670 5,633

 Department of the Interior ..................................................................................................... 1 -1 -2 9 7 8

 Department of Labor: 

 Unemployment Trust Fund ................................................................................................. -2,661 -1,448 -1,633 35,919 37,132 34,471

 Other .................................................................................................................................. -14 -33 -28 63 45 30

 Department of State: 

 Foreign Service Retirement and Disability Fund ................................................................. 265 180 234 17,792 17,707 17,972

 Other .................................................................................................................................. -5 -5 -1 43 43 39

 Department of Transportation: 

 Airport and Airway Trust Fund ............................................................................................ -190 593 842 12,759 13,542 13,352

 Highway Trust Fund ............................................................................................................ -537 -2,375 8,063 10,696 8,857 8,321

 Department of Treasury ........................................................................................................ -75 216 -235 1,644 1,935 1,860

 Department of Veterans Affairs: 

 General Post Fund, National Homes .................................................................................. ...... 30 -22 65 95 95

 National Service Life Insurance .......................................................................................... 27 -123 -77 5,629 5,478 5,506

 United States Government Life Insurance Fund ................................................................. (**) (**) -1 7 7 7

 Veterans Special Life Insurance Fund ................................................................................ 33 5 17 1,863 1,835 1,868

 Corps of Engineers ............................................................................................................... 175 420 420 8,439 8,684 8,859

 Other Defense Civil Programs: 

 Military Retirement Fund ..................................................................................................... -8,696 57,587 64,792 483,111 549,394 540,698

 Other .................................................................................................................................. -37 -100 -99 1,624 1,561 1,524

 Environmental Protection Agency ......................................................................................... -61 4 169 3,887 3,951 3,890

 National Aeronautics and Space Administration ................................................................... (**) (**) (**) 16 16 15

 Office of Personnel Management: 

 Civil Service Retirement and Disability Fund: 

 Treasury Securities ........................................................................................................... 10,552 1,862 125,951 857,169 848,479 859,031

 Employees Life Insurance Fund.......................................................................................... 26 467 194 43,213 43,655 43,681

 Employees and Retired Employees Health Benefits Fund .................................................. -574 -784 -181 23,558 23,349 22,774

 Social Security Administration: 

 Federal Old-Age and Survivors Insurance Trust 

 Fund .................................................................................................................................. 33,666 16,465 18,891 2,712,805 2,695,604 2,729,270

 Federal Disability Insurance Trust Fund.............................................................................. -2,585 -9,802 -10,068 70,113 62,896 60,311

 Independent Agencies: 

 Harry S Truman Memorial Scholarship Trust Fund ............................................................. 5 (**) (**) 54 49 54

 Japan-United States Friendship Commission ..................................................................... ...... ...... ...... 38 38 38

 Railroad Retirement Board: 

 Treasury Securities ........................................................................................................... 141 -326 -222 2,670 2,203 2,344

 Agency Securities ............................................................................................................. ...... 1 ...... 3 5 5

 Other .................................................................................................................................. -20 179 332 1,713 1,912 1,892

 Total Treasury Securities .................................................................................................. 29,963 59,506 214,224 4,576,730 4,606,273 4,636,236

 Total Agency Securities .................................................................................................... ...... 1 ...... 3 5 5

 Total Trust Funds ......................................................................................................... 29,963 59,507 214,224 4,576,733 4,606,278 4,636,240

Grand Total ........................................................................................................................... 34,554 78,366 239,571 5,039,265 5,083,077 5,117,631

... No Transactions 

(**) Less than $500,000 

Note: Investments are in Treasury securities unless otherwise noted.

Note: Details may not add to totals due to rounding. 
28

Table 6. Schedule E-Net Activity, Guaranteed and Direct Loan Financing, December 2014 and Other Periods —Continued

[$ millions] 

Classification 

Net Transactions 

(-) denotes net reduction of 

assets accounts 

Account Balances 

Current Fiscal Year 

This Month Fiscal Year to Date Beginning of Close of 

This Year Prior Year This Year This Month This Month 

Guaranteed Loan Financing Activity: 

 Department of Agriculture: 

 Farm Service Agency: 

 Commodity Credit Corporation Export Fund ..................................................................... -4 -17 -29 239 226 222

 Agricultural Credit Insurance Fund .................................................................................... -1 -1 2 -177 -178 -179

 Natural Resource Conservation Demonstration Program: 

 Agricultural Resource Conservation Demonstration Program ........................................... ...... ...... ...... (**) (**) (**)

 Rural Housing Service: 

 Rural Community Facility Loans ....................................................................................... (**) 2 -1 -57 -54 -55

 Rural Housing Insurance Fund ......................................................................................... -2 18 -39 -3,667 -3,647 -3,649

 Rural Business-Cooperative Service: 

 Rural Business and Industry Loans .................................................................................. (**) -24 -27 -488 -512 -512

 Renewable Energy Guaranteed Loan Account ................................................................. (**) -6 -1 -22 -28 -28

 Biorefinery Assistance Loan Account ................................................................................ ...... ...... ...... -22 -22 -22

 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

 National Oceanic and Atmospheric Administration: 

 Department of Defense-Military Programs ............................................................................ ...... ...... ...... -59 -59 -59

 Department of Education: 

 Office of Student Financial Assistance: 

 Federal Family Education Loans ....................................................................................... -279 -967 -804 38,015 37,326 37,047

 Department of Energy: 

 Title 17 Innovative Technology Loans ............................................................................... -6 -13 -9 -229 -236 -242

 Department of Health and Human Services: 

 Health Resources and Services Administration: 

 Health Center Loans ......................................................................................................... ...... ...... ...... -3 -3 -3

 Health Education Assistance Loans .................................................................................. ...... ...... -1 -70 -70 -70

 Department of Housing and Urban Development: 

 Public and Indian Housing Programs: 

 Indian Housing Loans ....................................................................................................... 4 -3 -3 -155 -162 -158

 Native Hawaiian Housing Loans ....................................................................................... ...... (**) (**) 3 3 3

 Community Planning and Development: 

 Community Development Loans ....................................................................................... ...... ...... ...... -109 -109 -109

 Housing Programs: 

 FHA-Mutual Mortgage Insurance Loans ........................................................................... 566 3,113 3,869 -15,830 -13,283 -12,718

 FHA-General and Special Risk Fund ................................................................................ 410 945 447 -4,512 -3,977 -3,567

 Home Ownership Preservation Entity Fund ...................................................................... (**) 2 (**) -18 -16 -16

 Government National Mortgage Association: 

 Guarantees of Mortgaged-Backed Securities ................................................................... -265 -258 -400 3,400 3,407 3,142
29

Table 6. Schedule E-Net Activity, Guaranteed and Direct Loan Financing, December 2014 and Other Periods —Continued

[$ millions] 

Classification 

Net Transactions 

(-) denotes net reduction of 

assets accounts 

Account Balances 

Current Fiscal Year 

This Month Fiscal Year to Date Beginning of Close of 

This Year Prior Year This Year This Month This Month 

Guaranteed Loan Financing Activity:—Continued 

 Department of the Interior: 

 Bureau of Indian Affairs ...................................................................................................... 2 2 -1 -59 -59 -57

 Department of Transportation: 

 Office of the Secretary: 

 Minority Business Resource Center Fund ......................................................................... ...... ...... (**) -1 -1 -1

 Federal Highway Administration: 

 Transportation Infrastructure Finance and Innovation Fund .............................................. ...... ...... ...... (**) (**) (**)

 Maritime Administration: 

 Maritime Guaranteed Loan (Title XI) Fund ........................................................................ ...... ...... -5 -231 -231 -231

 Department of the Treasury: 

 Departmental Offices: 

 Air Transportation Stabilization Fund ................................................................................ ...... ...... ...... (**) (**) (**)

 Troubled Assets Insurance Financing Fund ...................................................................... ...... ...... ...... (**) (**) (**)

 Troubled Asset Relief Program ......................................................................................... ...... ...... ...... -13 -13 -13

 Department of Veterans Affairs: 

 Veterans Benefits Administration: 

 Veterans Housing Benefit Program Fund .......................................................................... -62 -160 28 -7,735 -7,832 -7,894

 International Assistance Program: 

 Agency for International Development: 

 Ukraine Export Credit Insurance Fund .............................................................................. ...... ...... ...... -196 -196 -196

 Loan Guarantees to Israel ................................................................................................ ...... ...... ...... -1,226 -1,226 -1,226

 Urban and Environmental Credit Guaranteed Loans ........................................................ 1 1 1 -56 -55 -55

 Microenterprise and Small Enterprise Development ......................................................... ...... ...... ...... (**) (**) (**)

 Development Credit Authority Loan Fund ......................................................................... -1 -3 (**) -72 -74 -75

 Loan Guarantees to Egypt ................................................................................................ ...... ...... ...... -481 -481 -481

 Tunisia Loan Fund ............................................................................................................ ...... ...... ...... -253 -253 -253

 Overseas Private Investment Corporation .......................................................................... 1 -10 6 149 138 139

 Small Business Administration: 

 Business Loan Fund ........................................................................................................... -128 -287 -186 -2,224 -2,384 -2,512

 Independent Agencies: 

 Export-Import Bank of the United States ............................................................................. 18 31 -86 -1,828 -1,816 -1,797

 Net Activity, Guaranteed Loan Financing ..................................................................... 254 2,366 2,761 1,993 4,105 4,359
30

Table 6. Schedule E-Net Activity, Guaranteed and Direct Loan Financing, December 2014 and Other Periods —Continued

[$ millions] 

Classification 

Net Transactions 

(-) denotes net reduction of 

assets accounts 

Account Balances 

Current Fiscal Year 

This Month Fiscal Year to Date Beginning of Close of 

This Year Prior Year This Year This Month This Month 

Direct Loan Financing Activity: 

 Department of Agriculture: 

 Farm Service Agency: 

 Agricultural Credit Insurance Fund .................................................................................... -111 -159 -289 7,452 7,405 7,294

 Farm Storage Facility Loans ............................................................................................. 6 -6 21 776 763 770

 Apple Loans Fund ............................................................................................................. (**) (**) (**) (**) (**) (**)

 Emergency Boll Weevil Loan Fund ................................................................................... ...... ...... ...... 1 1 1

 Rural Housing Service: 

 Rural Community Facility Loans Fund .............................................................................. 4 137 43 4,957 5,091 5,094

 Rural Housing Insurance Fund ......................................................................................... -18 -96 -124 15,265 15,186 15,168

 Multifamily Housing Revitalization Loan Account .............................................................. 2 5 2 211 214 215

 Rural Business-Cooperative Service: 

 Rural Business and Industry Loan Fund ........................................................................... (**) (**) -3 42 41 41

 Rural Development Loan Fund ......................................................................................... -4 -7 -6 293 290 286

 Rural Economic Development Loan Fund ......................................................................... 4 10 8 145 150 155

 Rural Microenterprise Investment Loans ........................................................................... (**) (**) 2 20 20 20

 Rural Utilities Service: 

 Rural Water and Waste Disposal Loans ........................................................................... -52 -56 (**) 10,812 10,809 10,756

 Rural Electrification and Telecommunications Fund ......................................................... -127 -1,163 414 50,269 49,234 49,106

 Rural Telephone Bank ...................................................................................................... -4 -10 -11 248 242 238

 Distance Learning and Telemedicine Program ................................................................. 1 3 12 1,053 1,054 1,055

 Rural Development Insurance Fund ................................................................................. ...... ...... ...... 1,065 1,065 1,065

 Foreign Agricultural Service: 

 P.L. 480 Direct Loan Fund ................................................................................................ -30 -57 -62 657 630 600

 International Debt Reduction ............................................................................................ -2 -3 -4 -5 -6 -8

 Department of Commerce: 

 National Oceanic and Atmospheric Administration: 

 Fisheries Finance ............................................................................................................. 54 54 10 511 511 565

 Department of Defense-Military Programs ............................................................................ -8 5 71 1,391 1,403 1,395

 Department of Education: 

 Office of Postsecondary Education: 

 College Housing and Academic Facilities Loans ............................................................... ...... (**) -1 4 4 4

 Historically Black College and University Capital 

 Financing Fund ................................................................................................................ 32 32 15 1,062 1,063 1,095

 Office of Student Financial Assistance: 

 Federal Direct Student Loans ........................................................................................... 3,699 12,708 15,799 797,552 806,561 810,259

 Teach Grant Loans ........................................................................................................... 2 11 13 535 544 546

 Temporary Student Loan Purchase Authority ................................................................... -1,141 -2,885 -2,289 101,225 99,480 98,340

 Department of Energy: 

 Advanced Technology Vehicles Manufacturing Loans ........................................................ -163 -163 -183 5,029 5,029 4,867

 Title 17 Innovative Technology Loans ................................................................................. -53 -57 252 8,306 8,301 8,249

 Department of Health and Human Services: 

 Consumer Operated and Oriented Plan .............................................................................. (**) 30 104 758 787 787

 Consumer Operated and Oriented Plan Prog. Contingency Fund ...................................... 54 89 5 31 67 120

 Department of Homeland Security: 

 Disaster Assistance Loan Fund .......................................................................................... (**) (**) 2 8 8 8

 Department of Housing and Urban Development: 

 Housing Programs: 

 Emergency Homeowners' Relief Fund .............................................................................. (**) (**) -1 1 1 1

 FHA-Mutual Mortgage Insurance Loans ........................................................................... ...... ...... ...... -6 -6 -6

 FHA-General and Special Risk Fund ................................................................................ (**) 79 ...... (**) 79 79

 Green Retrofit Program for Multifamily Housing Fund ....................................................... -1 -3 -1 5 3 2
31

Table 6. Schedule E-Net Activity, Guaranteed and Direct Loan Financing, December 2014 and Other Periods —Continued

[$ millions] 

Classification 

Net Transactions 

(-) denotes net reduction of 

assets accounts 

Account Balances 

Current Fiscal Year 

This Month Fiscal Year to Date Beginning of Close of 

This Year Prior Year This Year This Month This Month 

Direct Loan Financing Activity:—Continued 

 Department of the Interior: 

 Bureau of Reclamation ....................................................................................................... ...... ...... ...... 35 35 35

 Bureau of Indian Affairs ...................................................................................................... (**) (**) -1 3 3 3

 Assistance to American Samoa Loan Fund ........................................................................ ...... ...... ...... 9 9 9

 Department of State: 

 Administration of Foreign Affairs: 

 Repatriation Loans ............................................................................................................ (**) (**) (**) 1 (**) (**)

 Department of Transportation: 

 Federal Highway Administration: 

 Transportation Infrastructure Finance and Innovation Fund .............................................. 42 193 375 6,769 6,920 6,962

 Tiger Tifia Loan Fund ........................................................................................................ ...... 8 8 569 577 577

 Federal Railroad Administration: 

 Railroad Rehabilitation and Improvement Loan Fund ....................................................... -13 8 -23 834 855 842

 Department of the Treasury: 

 Departmental Offices: 

 Community Development Financial Institutions Fund ....................................................... -1 5 (**) 91 97 96

 GSE Mortgage-Backed Securities Purchase Program ...................................................... ...... ...... ...... 4,613 4,613 4,613

 Temporary Credit and Liquidity Program .......................................................................... -124 -292 -302 7,905 7,738 7,614

 Troubled Asset Relief Program ......................................................................................... -1,333 -1,605 -10,077 696 424 -909

 Small Business Lending Program ..................................................................................... -116 -189 -198 3,174 3,101 2,985

 Bureau of the Fiscal Service: 

 Financial Management Service ......................................................................................... ...... ...... ...... (**) (**) (**)

 Department of Veterans Affairs: 

 Veterans Benefits Administration: 

 Veterans Housing Benefit Program Fund .......................................................................... -7 -17 -16 531 520 513

 Native American Veteran Housing Fund ........................................................................... (**) (**) (**) 64 64 64

 Transitional Housing Loans .............................................................................................. (**) (**) (**) (**) (**) (**)

 Vocational Rehabilitation Loan Fund ................................................................................ (**) (**) (**) 1 1 1

 Environmental Protection Agency: 

 Abatement, Control, and Compliance Loan Program .......................................................... (**) (**) (**) (**) (**) (**)

 International Assistance Program: 

 International Security Assistance: 

 Foreign Military Loan Program .......................................................................................... ...... ...... ...... -27 -27 -27

 Military Debt Reduction ..................................................................................................... ...... ...... ...... 37 37 37

 Agency for International Development: 

 International Debt Reduction ............................................................................................ -1 -11 -12 93 83 82

 Overseas Private Investment Corporation .......................................................................... -12 32 -16 1,391 1,434 1,422

 International Monetary Programs ........................................................................................ ...... -1 -1 -69 -70 -70

 Small Business Administration: 

 Business Loan Fund ........................................................................................................... -1 -1 -2 148 147 147

 Disaster Loan Fund ............................................................................................................ -36 -115 -87 5,572 5,493 5,457

 Independent Agencies: 

 Export-Import Bank of the United States ............................................................................. 398 560 12 19,689 19,850 20,248

 Federal Communications Commission: 

 Spectrum Auction Loan Fund ........................................................................................... ...... (**) (**) -3 -3 -3

 Net Activity, Direct Loan Financing ................................................................................. 942 7,071 3,457 1,061,797 1,067,926 1,068,867

Note: Federal credit programs provide benefits to the public in the form of direct loans and 

loan guarantees. This table reflects cash transactions and balances of the nonbudgetary 

financing fund accounts that result from the disbursement of loans, collection of fees, 

repayment of principle, sale of collateral, interest, and subsidy received from the credit 

program accounts at net present value in accordance with the Credit Reform Act of 1990. 

Unreimbursed costs such as administrative expenses and subsidy payments are reported 

on a cash basis and included within each program’s budgetary totals in Table 5.

... No Transactions

(**) Less than $500,000

Note: Details may not add to totals due to rounding. 
32

Table 7. Receipts and Outlays of the U.S. Government by Month, Fiscal Year 2015—Continued 

[$ millions] 

Classification Oct. Nov. Dec. Jan. Feb. March April May June July Aug. Sept. 

Fiscal 

Year 

to 

Date 

Comparable

Period

Prior 

F.Y. 

 

Receipts: 

Individual Income Taxes ........................................................ 106,661 85,958 145,029 337,648 306,426

Corporation Income Taxes ..................................................... 10,228 2,582 84,231 97,042 69,260

Social Insurance and Retirement Receipts: 

 Employment and General Retirement .................................. 70,394 75,868 74,623 220,885 216,217

 Unemployment Insurance .................................................... 3,187 3,214 770 7,171 8,401

 Other Retirement ................................................................. 293 279 285 858 839

Excise Taxes ......................................................................... 5,915 7,270 6,567 19,752 19,208

Estate and Gift Taxes ............................................................ 1,418 1,508 1,990 4,916 5,287

Customs Duties ..................................................................... 3,485 2,964 2,791 9,240 8,847

Miscellaneous Receipts ......................................................... 11,136 11,794 19,040 41,970 31,936

 Total--Receipts This Year .................................................. 212,719 191,436 335,327 739,482 ......

 (On-Budget) ...................................................................... 160,464 135,169 280,293 575,926 ......

 (Off-Budget)...................................................................... 52,255 56,267 55,034 163,556 ......

 Total--Receipts Prior Year ................................................... 198,927 182,453 285,041 ...... 666,421

 (On Budget) ......................................................................... 148,871 128,657 230,051 ...... 507,579

 (Off Budget) ......................................................................... 50,056 53,796 54,990 ...... 158,842

Outlays: 

Legislative Branch ................................................................. 377 336 376 1,090 1,030

Judicial Branch ...................................................................... 574 499 629 1,701 1,638

Department of Agriculture: 

 Commodity Credit Corporation and 

 Foreign Agricultural Service ................................................ 3,921 2,207 1,688 7,816 9,335

 Other ................................................................................... 12,264 11,621 12,591 36,476 36,317

Department of Commerce ...................................................... 590 752 697 2,039 1,806

Department of Defense: 

 Military Programs: 

 Military Personnel .............................................................. 29,402 5,971 15,581 50,954 51,967

 Operation and Maintenance ............................................... 19,800 17,623 20,854 58,276 58,392

 International Reconstruction 

 and Other Assistance ....................................................... (**) ...... ...... (**) 1

 Procurement ...................................................................... 7,148 6,878 13,895 27,921 24,936

 Research, Development, Test, 

 and Evaluation .................................................................. 4,321 4,528 6,054 14,904 15,593

 Military Construction .......................................................... 705 706 892 2,303 2,518

 Family Housing .................................................................. 89 83 106 278 334

 Revolving and Management Funds ................................... 52 -419 319 -49 1,285

 Other ................................................................................. -610 460 -484 -633 -535

 Total Military Programs .................................................. 60,908 35,829 57,216 153,953 154,490

Department of Education ....................................................... 5,241 4,781 5,504 15,525 13,980

Department of Energy ............................................................ 2,460 1,863 2,259 6,581 6,332

Department of Health and Human Services: 

 National Institutes of Health ................................................. 2,372 2,275 2,498 7,144 7,294

 Centers for Medicare and Medicaid Services: 

 Grants to States for Medicaid ............................................ 28,024 24,710 31,494 84,228 68,216

 Federal Hospital Ins. Trust Fund ........................................ 28,507 14,889 23,729 67,124 64,787

 Federal Supp. Med. Ins. Trust Fund .................................. 46,802 14,189 28,841 89,832 75,288

 Other ................................................................................. 31,015 17,213 23,260 71,488 70,030

 Administration for Children and Families.............................. 3,794 3,662 4,488 11,944 11,888

 Other ................................................................................... -34,057 -20,620 -25,707 -80,384 -73,366

Department of Homeland Security ......................................... 3,965 3,036 4,753 11,754 10,865

Department of Housing and Urban Development .................. 2,840 3,022 2,943 8,805 9,524

Department of the Interior ...................................................... 614 956 944 2,514 2,588

Department of Justice ............................................................ -6,301 2,665 8,825 5,189 7,222

Department of Labor: 

 Unemployment Trust Fund .................................................. 2,972 1,882 4,000 8,855 14,903

 Other ................................................................................... -2,997 1,413 1,265 -319 1,625

Department of State ............................................................... 1,933 2,410 2,601 6,944 7,067

Department of Transportation: 

 Highway Trust Fund ............................................................. 4,291 3,106 3,089 10,486 11,131

 Other ................................................................................... 2,436 2,640 2,764 7,840 8,739

Department of the Treasury: 

 Interest on Treasury Debt Securities (Gross) ....................... 8,702 23,427 86,460 118,589 125,838

 Other ................................................................................... 4,563 3,566 -3,429 4,700 -32,167

 

 
33

Table 7. Receipts and Outlays of the U.S. Government by Month, Fiscal Year 2015—Continued 

[$ millions] 

Classification Oct. Nov. Dec. Jan. Feb. March April May June July Aug. Sept. 

Fiscal 

Year 

to 

Date 

Comparable

Period

Prior 

F.Y. 

 

Outlays:—Continued 

Department of Veterans Affairs: 

 Compensation and Pensions ............................................... 11,395 570 11,510 23,475 21,993

 National Service Life ............................................................ 82 56 88 226 212

 Other ................................................................................... 7,314 5,292 7,249 19,854 18,523

Corps of Engineers ................................................................ 682 367 684 1,733 1,767

Other Defense Civil Programs ............................................... 11,057 761 10,213 22,031 20,501

Environmental Protection ....................................................... 835 829 853 2,516 2,133

Executive Office of the President ........................................... 27 29 33 89 86

General Services Administration ............................................ -19 -218 3 -233 -104

International Assistance Program: 

 International Security Assistance ......................................... 722 1,525 1,156 3,403 3,428

 Multilateral Assistance ......................................................... 437 182 65 684 410

 Agency for International Development ................................. 813 415 491 1,720 1,233

 Other ................................................................................... 106 75 607 788 -411

National Aeronautics and Space Administration .................... 1,415 1,330 2,329 5,074 4,465

National Science Foundation ................................................. 477 474 503 1,454 1,637

Office of Personnel Management .......................................... 8,202 7,066 7,358 22,627 21,530

Small Business Administration ............................................... 58 65 69 193 266

Social Security Administration: 

 Federal Old-Age and Survivors Ins. 

 Trust Fund (Off-Budget) ...................................................... 59,677 59,724 60,513 179,914 171,296

 Federal Disability Ins. Trust 

 Fund (Off-Budget) ............................................................... 11,988 11,959 11,921 35,867 35,476

 Other ................................................................................... 8,977 178 9,186 18,341 18,035

Independent Agencies: 

 Fed. Deposit Ins. Corp: 

 Deposit Insurance Fund ..................................................... -166 191 -1,998 -1,974 -3,766

 FSLIC Resolution Fund ...................................................... (**) (**) (**) 1 -2

 Postal Service: 

 Off-Budget: 

 Public Enterprise Funds ................................................... -20 -487 -1,739 -2,247 -1,481

 Other................................................................................ 50 (**) ...... 50 75

 Other ................................................................................. 71 ...... ...... 71 78

 Tennessee Valley Authority ................................................. 176 21 294 491 -642

 Other Independent Agencies ............................................... 3,369 2,254 2,117 7,740 3,909

Undistributed Offsetting Receipts: 

 Employer Share, Employee Retirement ............................... -18,819 -5,325 -5,376 -29,519 -29,847

 Interest Received by Trust Funds ........................................ 10,288 -1,472 -67,500 -58,684 -66,544

 Rents and Royalties on Outer 

 Continental Shelf Lands ...................................................... -574 63 -946 -1,457 -1,644

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

Totals This Year: 

 Total Outlays ...................................................................... 334,432 248,254 333,460 916,146 ......

 (On-Budget) ...................................................................... 271,514 178,516 311,585 761,615 ......

 (Off-Budget)...................................................................... 62,918 69,738 21,875 154,530 ......

 Total-Surplus (+) or Deficit (-) ........................................... -121,713 -56,818 +1,867 -176,664 ......

 (On-Budget) ...................................................................... -111,050 -43,347 -31,292 -185,689 ......

 (Off-Budget)...................................................................... -10,663 -13,471 +33,159 +9,025 ......

 Total Borrowing from the Public ...................................... 74,090 64,849 101,553 240,493 370,937

 Total-Outlays Prior Year ...................................................... 289,511 317,679 231,821 ...... 839,011

 (On-Budget) ....................................................................... 225,419 250,867 214,255 ...... 690,540

 (Off-Budget) ....................................................................... 64,093 66,813 17,566 ...... 148,471

 Total-Surplus (+) or Deficit (-) Prior Year ............................. -90,584 -135,226 +53,220 ...... -172,590

 (On-Budget) ....................................................................... -76,547 -122,210 +15,796 ...... -182,961

 (Off-Budget) ....................................................................... -14,037 -13,017 +37,424 ...... +10,371

... No Transactions 

(**) Less than $500,000 

Note: Details may not add to totals due to rounding. 
34

Table 8. Trust Fund Impact on Budget Results and Investment Holdings as of December 31, 2014 

[$ millions] 

Classification 

This Month Fiscal Year to Date Securities Held as Investments 

Current Fiscal Year 

Receipts Outlays Excess Receipts Outlays Excess 

Beginning of Close of

This 

Month This Year This Month 

Trust Receipts, Outlays, and Investments Held: 

 Airport and Airway ..................................................................................... 1,176 1,243 -67 2,746 3,076 -330 12,759 13,542 13,352

 Black Lung Disability .................................................................................. 47 22 25 116 56 60 ...... ...... ......

 Federal Disability Insurance ....................................................................... 9,522 11,921 -2,399 26,187 35,867 -9,681 70,113 62,896 60,311

 Federal Employees Life and Health ........................................................... ...... 549 -549 ...... 332 -332 66,771 67,004 66,455

 Federal Employees Retirement ................................................................. 17,516 6,717 10,799 22,403 20,378 2,025 876,056 867,279 878,090

 Federal Hospital Insurance ........................................................................ 24,217 23,854 364 62,478 67,499 -5,022 202,207 197,284 197,887

 Federal Old-Age and Survivors Insurance ................................................. 94,332 60,513 33,819 196,424 179,914 16,510 2,712,805 2,695,604 2,729,270

 Federal Supplementary Medical Insurance ................................................ 28,737 28,841 -104 87,565 89,832 -2,267 68,391 69,151 69,099

 Hazardous Substance Superfund .............................................................. 2 92 -90 261 292 -31 3,446 3,497 3,430

 Highways ................................................................................................... 3,223 3,942 -719 7,977 12,774 -4,797 10,696 8,857 8,321

 Military Advances ....................................................................................... 2,287 2,654 -367 6,297 6,493 -196 ...... ...... ......

 Military Retirement ..................................................................................... 594 8,981 -8,387 76,192 18,300 57,892 483,111 549,394 540,698

 Railroad Retirement ................................................................................... 966 1,235 -268 1,578 3,274 -1,697 2,673 2,207 2,349

 Unemployment .......................................................................................... 1,236 4,010 -2,774 7,761 8,882 -1,121 35,919 37,132 34,471

 Veterans Life Insurance ............................................................................. 129 68 61 141 237 -96 7,500 7,321 7,381

 All Other Trust ........................................................................................... 375 146 228 1,751 636 1,115 24,285 25,108 25,127

 Total Trust Fund Receipts and Outlays 

 and Investments Held from Table 6-D ................................................. 184,360 154,787 29,572 499,877 447,844 52,032 4,576,733 4,606,278 4,636,240

Less: Interfund Transactions ........................................................................ 104,092 104,092 ...... 259,427 259,427 ...... 

Trust Fund Receipts and Outlays on the Basis 

 of Tables 4 & 5 ........................................................................................... 80,268 50,695 29,572 240,450 188,417 52,032 

Total Federal Fund Receipts and Outlays ................................................ 255,113 282,818 -27,705 499,192 727,888 -228,696 

 Less: Interfund Transactions ...................................................................... 53 53 ...... 160 160 ...... 

Federal Fund Receipts and Outlays on the 

 Basis of Table 4 & 5 .................................................................................... 255,060 282,765 -27,705 499,033 727,729 -228,696 

Net Budget Receipts & Outlays ................................................................ 335,327 333,460 1,867 739,482 916,146 -176,664 

Note: Interfund receipts and outlays are transactions between Federal funds and Trust 

funds such as Federal payments and contributions, and interest and profits on investments 

in Federal securities. They have no net effect on overall budget receipts and outlays since 

the receipt side of such transactions is offset against budget outlays. In this table, Interfund 

receipts are shown as an adjustment to arrive at total receipts and outlays of trust funds 

respectively. 

... No Transactions

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

Table 9. Summary of Receipts by Source, and Outlays by Function of the U.S. Government, December 2014 and 

 Other Periods 

[$ millions] 

Classification This Month Fiscal Year 

to Date 

Comparable Period 

Prior Fiscal Year 

Receipts 

Individual Income Taxes ...................................................................... 145,029 337,648 306,426 

Corporation Income Taxes ................................................................... 84,231 97,042 69,260 

Social Insurance and Retirement Receipts: 

 Employment and General Retirement ................................................ 74,623 220,885 216,217 

 Unemployment Insurance .................................................................. 770 7,171 8,401 

 Other Retirement ............................................................................... 285 858 839 

Excise Taxes ....................................................................................... 6,567 19,752 19,208 

Estate and Gift Taxes .......................................................................... 1,990 4,916 5,287 

Customs Duties ................................................................................... 2,791 9,240 8,847 

Miscellaneous Receipts ....................................................................... 19,040 41,970 31,936 

 Total .............................................................................................. 335,327 739,482 666,421 

Net Outlays 

National Defense ................................................................................. 59,614 160,760 161,109 

International Affairs .............................................................................. 4,852 13,744 11,743 

General Science, Space, and Technology ........................................... 3,196 7,628 7,285 

Energy ................................................................................................. 1,667 2,740 809 

Natural Resources and Environment ................................................... 3,451 8,828 8,693 

Agriculture ........................................................................................... 3,160 13,278 15,409 

Commerce and Housing Credit ............................................................ -10,751 -11,061 -45,348 

Transportation ..................................................................................... 7,239 22,296 24,083 

Community and Regional Development ............................................... 2,724 6,306 5,312 

Education, Training, Employment and Social Services ........................ 7,441 22,033 20,528 

Health .................................................................................................. 42,824 114,789 92,452 

Medicare .............................................................................................. 45,582 136,438 124,278 

Income Security ................................................................................... 47,254 114,347 120,464 

Social Security ..................................................................................... 72,452 215,794 206,808 

Veterans Benefits and Services ........................................................... 18,910 43,724 40,865 

Administration of Justice ...................................................................... 4,641 13,020 12,257 

General Government ........................................................................... 7,349 1,781 6,569 

Net Interest .......................................................................................... 18,178 60,678 57,185 

Undistributed Offsetting Receipts ........................................................ -6,322 -30,976 -31,491 

 Total .............................................................................................. 333,460 916,146 839,011 

Note: Details may not add to totals due to rounding.
35

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/fsreports/rpt/treasBulletin/treasBulle

tin_home.htm). Quarterly, contains a mix of narrative, tables, and 

charts on Treasury issues, Federal financial operations, international 

statistics, and special reports. 

 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 

Services, U.S. Department of Treasury, Washington, D.C. 20227 and 

on the internet at http://www.fiscal.treasury.gov/fsreports/rpt/ 

combStmt/combStmt_home.htm). This report includes budgetary 

results at the summary level and presents individual receipt and 

appropriation accounts at the detail level. 
36

Scheduled Release 

The release date for the January 2015 Statement 

will be 2:00 p.m. EST February 11, 2015. 

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