Treasury Estimates $235 Billion Deficit for February

U.S. DEPARTMENT OF THE TREASURY|BUREAU OF THE FISCAL SERVICE

Monthly Treasury Statement

Receipts and Outlays of the United States Government

For Fiscal Year 2020 Through February 29, 2020, and Other Periods

Highlight

The budget estimates provided in Tables 2 and 3 are based on the FY 2021 Budget, which was released by the Office of Management and Budget on February 10, 2020. The detailed line items in this month’s publication have been aligned to the FY 2021 Budget, released by the Office of Management and Budget on February 10, 2020.

Outlays for Military active duty and retirement, veterans benefits, Supplemental Security Income, and Medicare payments to Health Maintenance Organizations and prescription drug plans accelerated into January, because February 1, 2020, the normal payment date, fell on a non-business day.

Outlays for Military active duty and retirement, veterans benefits, Supplemental Security Income, and Medicare payments to Health Maintenance Organizations and prescription drug plans accelerated into February, because March 1, 2020, the normal payment date, fell on a non-business day.

Contents

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

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

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

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

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

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

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

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

Introduction

The Monthly Treasury Statement of Receipts and Outlays of the United States Government (MTS) is prepared by the Bureau of the Fiscal Service, Department of the Treasury and, after approval by the Fiscal Assistant Secretary of the Treasury, is normally released on the 8th workday of the month following the reporting month. The publication is based on data provided

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

AUDIENCE

The MTS is published to meet the needs of those responsible for or interested in the cash position of the Treasury, those who are responsible or interested in the Government's budget results; and individuals and businesses whose operations depend upon or are related to the Government's financial operations.

DISCLOSURE STATEMENT

This statement summarizes the financial activities of the Federal Government and off-budget Federal entities conducted in accordance with the Budget of the U.S. Government, i.e., receipts and outlays of funds, the surplus or deficit, and the means of financing the deficit or disposing of the surplus. Information is presented on a modified cash basis; receipts are accounted for on the basis of collections; refunds of receipts are treated as deductions from gross receipts; revolving and management fund receipts, reimbursements and refunds of monies previously expended are treated as deductions from gross outlays; and interest on the public debt (public issues) is recognized on the accrual basis. Major information sources include accounting data reported by Federal entities, disbursing officers, and Federal Reserve banks.

TRIAD OF PUBLICATIONS

The MTS is part of a triad of Treasury financial reports. The Daily Treasury Statement is published each working day of the Federal Government. It provides data on the cash and debt operations of the Treasury based upon reporting of the Treasury account

balances by Federal Reserve banks. The MTS is a report of Government receipts and outlays, based on agency reporting. The Combined Statement of Receipts, Outlays, and Balances of the United States Government is the official publication of the detailed receipts and outlays of the Government. It is published annually in accordance with legislative mandates given to the Secretary of the Treasury.

DATA SOURCES AND INFORMATION

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

3

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

Receipts by Source:

Social Insurance & Retirement $100 Billion

Individual Income Taxes$70 Billion

$7 Billion

Excise Taxes

$6 Billion

Customs Duties

Total Receipts

$189 Billion

Deficit

		Outlays by Function:
Total Outlays
$423 Billion	$91 Billion	Income Security

	$91 Billion Social Security
	$55 Billion	National Defense
	$52 Billion	Medicare
	$51 Billion	Health

$6 Billion	$235 Billion

Miscellaneous

$31 BillionNet Interest

$18 BillionVeterans' Benefits & Services

Estate and Gift Taxes

$2 Billion

$13	Billion	Education
$8	Billion	Transportation

$-2 Billion

Corporation Income Taxes

$14 Billion_Other

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

Receipts by Source:

Total Receipts

$1,367 Billion

Individual Income Taxes$671 Billion

Social Insurance & Retirement $511 Billion
$74 Billion
Corporation Income Taxes
$35 Billion
Miscellaneous
$34 Billion
Customs Duties	Deficit

$34 Billion	$624 Billion
Excise Taxes

$9 Billion

Estate and Gift Taxes

		Outlays by Function:
Total Outlays
$1,991 Billion	$448 Billion Social Security

	$305 Billion National Defense



	$305 Billion	Medicare


	$250 Billion	Health
	$247 Billion Income Security
	$162 Billion	Net Interest
	$98 Billion	Veterans' Benefits & Services
	$50 Billion	Education
	$40 Billion	Transportation
	$87 Billion	Other

₄Source data: Table 9

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

[$ millions]

Period

Receipts

Outlays

Deficit/Surplus (-)

FY 2019

October	252,692	353,183	100,491
November	205,961	410,864	204,903

December	312,584	326,123	13,539
January	339,980	331,299	-8,681

February	167,265	401,243	233,977
March	228,811	375,756	146,945

April	535,545	375,240	-160,304
May	232,064	439,833	207,768

June	333,952	342,430	8,477
July	251,348	371,043	119,695

August	227,965	428,309	200,344
September	374,056	291,288	-82,768

Year-to-Date	3,462,223	4,446,611	984,388
FY 2020


October	245,521	379,988	134,467
November	225,185	434,024	208,838

December	335,805	349,091	13,286
January	372,288	¹404,883	32,595
February	187,951	423,286	235,335
Year-to-Date	1,366,750	1,991,272	624,522


1 Outlays increased by $2 million due to additional reporting by the Department of	Note: Details may not add to totals due to rounding.
the Interior.

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

[$ millions]

	This	Current	Budget		Comparable	Budget
Classification					Prior Period	Estimates
		Fiscal Year	Estimates Full
	Month				Year to Date	Next Fiscal
		to Date	Fiscal Year	1
					(2019)	Year (2021) ¹
Total On-Budget and Off-Budget Results:

Total Receipts	187,951	1,366,750	3,706,327		1,278,482	3,863,293
On-Budget Receipts	112,136	990,095	2,739,254		922,477	2,852,257

Off-Budget Receipts	75,815	376,655	967,073		356,005	1,011,036

Total Outlays	423,286	1,991,272	4,789,746		1,822,712	4,829,359

On-Budget Outlays	334,347	1,609,715	3,829,949		1,464,554	3,811,118
Off-Budget Outlays	88,939	381,557	959,797		358,158	1,018,241

Total Surplus (+) or Deficit (-)	-235,335	-624,522	-1,083,419		-544,229	-966,066
On-Budget Surplus (+) or Deficit (-)	-222,212	-619,619	-1,090,695		-542,077	-958,861

Off-Budget Surplus (+) or Deficit (-)	-13,124	-4,902	+7,276		-2,153	-7,205

Total On-Budget and Off-Budget Financing	235,335	624,522	1,083,419		544,229	966,066

Means of Financing:
Borrowing from the Public	200,119	593,083	1,080,435		489,346	1,030,904

Reduction of Operating Cash, Increase (-)	46,732	25,232	-2,517		94,048	......
By Other Means	-11,516	6,207	5,500		-39,164	-64,838


1 These estimates are based on the FY 2021 Budget, released by the Office of		Note: Details may not add to totals due to rounding.
Management and Budget on February 10, 2020.		... No Transactions

5

Figure3.MonthlyReceipts,Outlays,andBudgetDefcit/SurplusoftheU.S.Government,FiscalYears 2019and2020

2019

2020

$400B

$200B

$0B

($200B)

($400B)

$400B

$200B

$0B

($200B)

($400B)

Jul

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Aug

Sep

Oct

Nov

Dec

Jan

Feb

	Receipts		Outlays		Deficit(-)/Surplus

Figure4.MonthlyReceipts,Outlays,andBudgetDefcit/SurplusoftheU.S.Government,Cumulative, FiscalYears2019and2020

2019

2020

$4,000B

$3,000B

$2,000B

$1,000B

$0B

($1,000B)

($2,000B)

($3,000B)

($4,000B)

$1,000B

$500B

$0B

($500B)

($1,000B)

Jul

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Receipts

Outlays

Deficit(-)/Surplus

6Source data: Table 1

Figure5.ReceiptsoftheU.S.Government,bySource,FiscalYear2020

_{MonthofFebruary2020:$188B}FiscalYear2020toDate:$1,367B

($2B)$7B	^$8B $6B	$43B$34B
		$35B
		$74B
		$511B

$100B

$70B

Figure6.MonthlyReceiptsoftheU.S.Government,bySource,FiscalYears2019and2020

ReceiptAmount

$550B $500B $450B $400B $350B $300B $250B $200B $150B $100B $50B

$0B

20192020

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

"Other"Includes:CustomsDutiesandEsateandGiftTaxes *Disclaimer:Othercategoryissubjecttochangeduetonegativebalancesheld. Note:Detailsmaynotaddtootalsduetorounding

₇Source data: Table 9

Figure7.OutlaysoftheU.S.Government,bySource,FiscalYear2020

MonthofFebruary2020:$423BFiscalYear2020toDate:$1,991B

$53B

$31B

$91B

$275B

$448B

$55B

$51B

SocialSecurity

Medicare

$162B

$52B

$305B

	$91B		$250B
	IncomeSecurity		NationalDefense

	Health		NetInterest

$305B

$247B

Other

*Disclaimer:Othercategoryissubjecttochangeduetonegativebalancesheld.

Figure8.MonthlyOutlaysoftheU.S.Government,bySource,FiscalYears2019and2020

	2019	2020
	$450B
	$400B
OutlayAmount	$350B
	$300B

	$250B
	$200B
	$150B

$100B $50B

$0B

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

SocialSecurity

IncomeSecurity

NationalDefense

Other

Medicare

Health

NetInterest

"Other"Includes:AdministrationofJustice,Agriculture,CommerceandHousingCredit,CommunityandRegionalDevelopment,Education, Training,Employment,andSocialServices,Energy,GeneralGovernment,GeneralScience,Space,andTechnology,InternationalAfairs, NaturalResourcesandEnvironment,Transporation,UndistributedOfsetingReceipts,Veterans'BenefitsandServices.

Note:Detailsmaynotaddtootalsduetorounding

₈Source data: Table 9

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

[$ millions]

		This	Current	Comparable	Budget
					Estimates
Classification			Fiscal Year	Prior Period
		Month			Full Fiscal
			to Date	Year to Date
					Year ¹
Budget Receipts

Individual Income Taxes	69,626		671,144	626,592	1,812,040
Corporation Income Taxes	-2,041		73,864	59,194	263,642

Social Insurance and Retirement Receipts:
Employment and General Retirement (Off-Budget)	75,815		376,655	356,005	967,073

Employment and General Retirement (On-Budget)	21,424		120,912	115,106	297,713
Unemployment Insurance	2,279		10,899	11,342	42,004

Other Retirement	400		2,146	1,952	5,236
Excise Taxes	6,685		33,559	41,558	94,593

Estate and Gift Taxes	1,584		8,572	7,355	20,389
Customs Duties	6,286		34,351	29,531	92,304

Miscellaneous Receipts	5,892		34,648	29,846	111,333
Total Receipts		187,951	1,366,750	1,278,482	3,706,327

(On-Budget)		112,136	990,095	922,477	2,739,254
(Off-Budget)
		75,815	376,655	356,005	967,073

Budget Outlays
Legislative Branch		385	2,239	2,067	6,048

Judicial Branch	631		3,487	3,335	8,580
Department of Agriculture	13,471		77,421	75,095	154,617

Department of Commerce	993		6,618	5,134	17,124
Department of Defense--Military Programs	52,622		290,323	270,130	689,589

Department of Education	9,295		36,785	34,633	159,297
Department of Energy	2,348		13,152	11,388	34,351

Department of Health and Human Services	101,977		545,736	483,265	1,322,128
Department of Homeland Security	4,299		24,248	24,663	62,152

Department of Housing and Urban Development	3,753		19,110	19,058	36,049
Department of the Interior	913		²5,786	5,755	17,458

Department of Justice	364		12,973	14,436	45,277
Department of Labor	3,355		13,373	14,462	36,390

Department of State	2,213		12,986	11,385	32,169
Department of Transportation	7,006		32,945	30,152	84,659

Department of the Treasury:
Interest on Treasury Debt Securities (Gross)	34,891		228,982	220,749	576,465

Other	60,060		91,547	74,195	124,576
Department of Veterans Affairs	17,798		97,542	83,250	214,336

Corps of Engineers	663		3,573	2,877	5,543
Other Defense Civil Programs	5,026		32,052	26,993	64,521

Environmental Protection Agency	707		3,970	3,835	7,498
Executive Office of the President	32		164	167	440

General Services Administration	400		348	-411	1,222
International Assistance Programs	1,442		7,002	6,424	25,670

National Aeronautics and Space Administration	1,489		8,660	8,263	21,545
National Science Foundation	535		2,936	2,849	7,504

Office of Personnel Management	9,062		44,666	42,438	106,405
Small Business Administration	102		453	544	-158

Social Security Administration	95,634		476,257	448,378	1,155,231
Independent Agencies	2,403		11,702	12,597	27,498

Allowances	......		......	......	364
Undistributed Offsetting Receipts:

Interest	-3,729		-63,508	-65,096	-145,570
Other	-6,855		-52,256	-50,297	-109,232

Total Outlays		423,286	1,991,272	1,822,712	4,789,746
(On-Budget)
		334,347	1,609,715	1,464,554	3,829,949

(Off-Budget)		88,939	381,557	358,158	959,797
Surplus (+) or Deficit (-)
		-235,335	-624,522	-544,229	-1,083,419

(On-Budget)		-222,212	-619,619	-542,077	-1,090,695
(Off-Budget)
		-13,124	-4,902	-2,153	+7,276


1 These estimates are based on the FY 2021 Budget, released by the Office of		January 2020.
Management and Budget on February 10, 2020.		Note: Details may not add to totals due to rounding.
2 Outlays increased by $2 million due to additional reporting for the month of		... No Transactions

9

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

[$ millions]

		This Month		Current Fiscal Year to Date			Prior Fiscal Year to Date
Classification	Gross	Refunds	Receipts	Gross	Refunds	Receipts	Gross	Refunds	Receipts

	Receipts	(Deduct)		Receipts	(Deduct)		Receipts	(Deduct)


Individual Income Taxes


Withheld	122,599			599,763			568,798
Presidential Election Campaign Fund	4			6			6

Other	11,157			159,157			150,883
Total -- Individual Income Taxes	133,760	64,134	69,626	758,926	87,781	671,144	719,687	93,096	626,592

Corporation Income Taxes	4,365	6,406	-2,041	93,758	19,894	73,864	76,983	17,789	59,194
Social Insurance and Retirement Receipts:


Employment and General Retirement:

Federal Old-Age and Survivors Insurance Trust Fund: Federal Insurance Contributions Act Taxes Self-Employment Contributions Act Taxes Adjustments Attributable to Prior Years-FICA Adjustments Attrbutable to Prior Years-SECA

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

Federal Insurance Contributions Act Taxes Self-Employment Contributions Act Taxes Adjustments Attributable to Prior Years-FICA Adjustments Attributable to Prior Years-SECA Total -- Federal Disability Insurance Trust Fund

Federal Hospital Insurance Trust Fund: Federal Insurance Contributions Act Taxes Self-Employment Contributions Act Taxes Adjustments Attributable to Prior Years-FICA Adjustments Attributable to Prior Years-SECA Total -- Federal Hospital Insurance Trust Fund

Railroad Retirement:

Rail Pension and Supplemental Annuity Social Security Equivalent Account

Total -- Employment and General Retirement Unemployment Insurance:

Deposits by States

Federal Unemployment Taxes

64,395	......	64,395	312,090	......	312,090	287,637	......	287,637
415	......	415	8,426	......	8,426	7,745	......	7,745
......	......	......	1,507	......	1,507	-250	......	-250
......	......	......	-121	......	-121	-1,114	......	-1,114

64,810	......	64,810	321,902	......	321,902	294,018	......	294,018

10,935
	......	10,935	52,996	......	52,996	60,479	......	60,479
70	......	70	1,429	......	1,429	1,829	......	1,829
......	......	......	371	......	371	-54	......	-54
......	......	......	-42	......	-42	-267	......	-267

11,005	......	11,005	54,753	......	54,753	61,987	......	61,987

20,589
	......	20,589	114,571	......	114,571	109,608	......	109,608
183	......	183	3,739	......	3,739	3,630	......	3,630
......	......	......	266	......	266	-190	......	-190
......	......	......	-18	......	-18	-481	......	-481

20,772	......	20,772	118,558	......	118,558	112,568	......	112,568

312
	-7	319	1,243	46	1,197	1,313	(**)	1,313
323	-10	333	1,203	46	1,157	1,225	(**)	1,225

97,222	-17	97,239	497,659	92	497,567	471,111	(**)	471,111

2,161	......	2,161	8,912	......	8,912	9,337	......	9,337
120	3	117	1,958	32	1,926	1,951	13	1,938

Railroad Unemployment Taxes		1	......	1	61	......	61	68	......	68
Total	-- Unemployment Insurance	2,282	3	2,279	10,931	32	10,899	11,356	13	11,342

Other Retirement:
Federal Employees' Retirement--Employee Share		398	......	398	2,133	......	2,133	1,940	......	1,940

Non-Federal Employees Retirement		2	......	2	12	......	12	12	......	12
Total -- Other Retirement		400	......	400	2,146	......	2,146	1,952	......	1,952

--Total		99,904	-14	99,918	510,736	124	510,612	484,419	13	484,406
Excise Taxes:


Miscellaneous Excise Taxes		320	155	165	10,219	1,154	9,065	23,492	3,530	19,962
Airport and Airway Trust Fund		2,861	7	2,854	7,725	7	7,718	5,767	......	5,767

Highway Trust Fund		3,672	31	3,641	16,832	133	16,699	15,836	134	15,702
Black Lung Disability Trust Fund		24	......	24	77	......	77	126	......	126

--Total		6,877	192	6,685	34,853	1,294	33,559	45,222	3,664	41,558
Estate and Gift Taxes
		1,731	146	1,584	8,917	345	8,572	7,711	355	7,355

Customs Duties		6,694	408	6,286	36,397	2,047	34,351	30,495	964	29,531
Miscellaneous Receipts:


Deposit of Earnings, Federal Reserve System		4,134	......	4,134	24,940	......	24,940	21,167	......	21,167
Universal Service Fund		647	......	647	3,861	......	3,861	4,074	......	4,074

All Other		1,113	1	1,112	5,850	4	5,847	4,625	19	4,606
--Total		5,893	1	5,892	34,651	4	34,648	29,865	19	29,846

--Total	Receipts	259,224	71,273	187,951	1,478,238	111,488	1,366,750	1,394,381	115,899	1,278,482
Total	On-Budget
--		183,409	71,273	112,136	1,101,584	111,488	990,095	1,038,376	115,899	922,477

Total -- Off-Budget		75,815	......	75,815	376,655	......	376,655	356,005	......	356,005
Note: Details may not add to totals due to rounding.			(**) Less than absolute value of $500,000
... No Transactions

10

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

[$ millions]

		This Month		Current Fiscal Year to Date			Prior Fiscal Year to Date
Classification	Gross	Applicable	Outlays	Gross	Applicable	Outlays	Gross	Applicable	Outlays
	Outlays	Receipts		Outlays	Receipts		Outlays	Receipts


Legislative Branch:

Senate	78	(**)	78	401	1	400	397	1	396
House of Representatives	123	(**)	123	637	1	636	584	1	584

Joint Items	1	......	1	7	......	7	8	......	8
Capitol Police	37	......	37	195	......	195	174	......	174

Congressional Budget Office	4	......	4	23	......	23	21	......	21
Architect of the Capitol	40	(**)	39	312	2	310	257	2	255

Library of Congress	62	1	62	297	4	293	285	4	281
Government Printing Office	-9	......	-9	69	......	69	55	......	55

Government Accountability Office	48	......	48	258	......	258	241	......	241
United States Tax Court	4	......	4	22	......	22	21	......	21

Other Legislative Branch Agencies	-1	......	-1	61	......	61	46	......	46
Proprietary Receipts from the Public	......	1	-1	......	26	-26	......	8	-8

Intrabudgetary Transactions	(**)	......	(**)	-6	......	-6	-6	......	-6
--TotalLegislative Branch	387	2	385	2,274	35	2,239	2,084	16	2,067

Judicial Branch:
Supreme Court of the United States	8	......	8	43	......	43	34	......	34

Courts of Appeals, District Courts, and Other Judicial
Services	605	......	605	3,821	......	3,821	3,252	......	3,252
Other	18	......	18	407	......	407	227	......	227

Proprietary Receipts from the Public	......	22	-22	......	77	-77	......	72	-72
Intrabudgetary Transactions	23	......	23	-707	......	-707	-106	......	-106

--TotalJudicial Branch	654	22	631	3,564	77	3,487	3,407	72	3,335
Department of Agriculture:


Agricultural Research Service	107	......	107	581	......	581	496	......	496
National Institute of Food and Agriculture:

Research and Education Activities	43	......	43	277	......	277	282	......	282
Extension Activities	35	......	35	197	......	197	212	......	212

Other	10	......	10	44	......	44	45	......	45
Animal and Plant Health Inspection Service	113	......	113	551	......	551	481	......	481

Food Safety and Inspection Service	80	......	80	432	......	432	427	......	427
Agricultural Marketing Service	113	......	113	619	......	619	647	......	647

Risk Management Agency:
Administrative and Operating Expenses	4	......	4	28	......	28	29	......	29

Federal Crop Insurance Corporation Fund	1,000	196	804	9,474	3,034	6,440	7,903	24	7,878
Farm Service Agency:


Salaries and Expenses	-133	......	-133	263	......	263	434	......	434
USDA Supplemental Assistance	......	......	......	(**)	......	(**)	(**)	......	(**)

Agricultural Disaster Relief Fund	(**)	......	(**)	(**)	......	(**)	(**)	......	(**)
Commodity Credit Corporation	3,835	664	3,172	22,146	2,548	19,598	20,361	2,133	18,228

Tobacco Trust Fund	......	......	......	......	......	......	(**)	......	(**)
Agricultural Credit Insurance Fund	229	3	226	316	23	293	134	22	113

Other	14	......	14	63	......	63	26	......	26
--TotalFarm Service Agency	3,946	667	3,279	22,787	2,570	20,217	20,956	2,154	18,801

Natural Resources Conservation Service:
Conservation Operations	69	......	69	363	......	363	322	......	322

Farm Security and Rural Investment Programs	269	......	269	1,884	......	1,884	1,823	......	1,823
Other	15	......	15	97	......	97	92	......	92

Rural Development	-235	......	-235	-176	......	-176	50	......	50
Rural Housing Service:

Rural Housing Insurance Fund	261	34	227	460	195	265	231	188	43
Rental Assistance Program	101	......	101	502	......	502	494	......	494

Other	14	......	14	71	......	71	62	......	62
Rural Utilities Service:

Rural Electrification and Telecommunications Fund	178	2	176	825	54	772	535	1,439	-904
Other	53	4	49	270	27	244	247	24	223

Foreign Agricultural Service	221	......	221	990	......	990	837	......	837
Food and Nutrition Service:


Supplemental Nutrition Assistance Program	4,898	......	4,898	25,901	......	25,901	27,554	......	27,554
Child Nutrition Programs	2,065	......	2,065	11,398	......	11,398	10,835	......	10,835

Special Supplemental Nutrition Program for Women,
Infants, and Children (WIC)	457	......	457	2,236	......	2,236	2,229	......	2,229
Other	43	......	43	259	......	259	199	......	199

Total--Food and Nutrition Service	7,463	......	7,463	39,795	......	39,795	40,816	......	40,816

11

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

[$ millions]

		This Month		Current Fiscal Year to Date			Prior Fiscal Year to Date
Classification	Gross	Applicable	Outlays	Gross	Applicable	Outlays	Gross	Applicable	Outlays
	Outlays	Receipts		Outlays	Receipts		Outlays	Receipts


Department of Agriculture: - Continued
Forest Service:

National Forest System	139	......	139	772	......	772	726	......	726
Capital Improvement and Maintenance	31	......	31	201	......	201	171	......	171

Wildland Fire Management	120	......	120	807	......	807	1,064	......	1,064
Forest Service Permanent Appropriations	15	......	15	72	......	72	83	......	83

Other	50	......	50	306	......	306	268	......	268
Total--Forest Service	355	......	355	2,158	......	2,158	2,312	......	2,312

Other	101	2	98	1,390	18	1,372	691	16	675
Proprietary Receipts from the Public	(**)	69	-69	(**)	496	-496	......	483	-483

Intrabudgetary Transactions	129	......	129	196	......	196	-567	......	-567
Total Department of Agriculture
--	14,445	974	13,471	83,815	6,394	77,421	79,424	4,329	75,095

Department of Commerce:
Economic Development Administration	25	......	25	134	......	134	106	......	106

Bureau of the Census	359	......	359	1,934	......	1,934	871	......	871
International Trade Administration	36	......	36	185	......	185	157	......	157

National Oceanic and Atmospheric Administration	432	......	432	2,352	1	2,352	2,025	2	2,024
National Institute of Standards and Technology	86	......	86	471	......	471	422	......	422

National Telecommunications and Information Administration	15	(**)	15	1,324	(**)	1,324	1,381	(**)	1,381
Other	40	8	32	227	32	195	207	36	171

Proprietary Receipts from the Public	......	-7	7	......	-21	21	......	2	-2
Intrabudgetary Transactions	1	......	1	3	......	3	5	......	5

Offsetting Governmental Receipts	......	(**)	(**)	......	1	-1	......	(**)	(**)
--TotalDepartment of Commerce	994	1	993	6,629	12	6,618	5,174	40	5,134

--DepartmentofDefenseMilitary Programs:
Military Personnel:

Department of the Army	4,900	......	4,900	28,210	......	28,210	25,764	......	25,764
Department of the Navy	4,035	......	4,035	23,960	......	23,960	21,467	......	21,467

Department of the Air Force	3,126	......	3,126	18,440	......	18,440	16,330	......	16,330
Defense Agencies	......	......	......	8,505	......	8,505	7,909	......	7,909

Total--Military Personnel	12,061	......	12,061	79,115	......	79,115	71,470	......	71,470
Operation and Maintenance:


Department of the Army	5,240	......	5,240	29,854	......	29,854	28,030	......	28,030
Department of the Navy	5,368	......	5,368	26,370	......	26,370	25,325	......	25,325

Department of the Air Force	4,879	......	4,879	24,557	......	24,557	23,861	......	23,861
Defense Agencies	6,195	......	6,195	30,758	......	30,758	29,667	......	29,667

Total--Operation and Maintenance	21,683	......	21,683	111,539	......	111,539	106,883	......	106,883
International Reconstruction and Other Assistance:


Department of the Army	2	......	2	2	......	2	6	......	6
Procurement:


Department of the Army	1,703	......	1,703	9,714	......	9,714	7,843	......	7,843
Department of the Navy	3,706	......	3,706	21,166	......	21,166	18,225	......	18,225

Department of the Air Force	4,862	......	4,862	21,439	......	21,439	19,326	......	19,326
Defense Agencies	657	......	657	3,739	......	3,739	2,978	......	2,978

Total--Procurement	10,928	......	10,928	56,057	......	56,057	48,372	......	48,372
Research, Development, Test, and Evaluation:


Department of the Army	879	......	879	5,136	......	5,136	3,580	......	3,580
Department of the Navy	1,337	......	1,337	6,917	......	6,917	7,657	......	7,657

Department of the Air Force	2,823	......	2,823	16,367	......	16,367	16,356	......	16,356
Defense Agencies	1,620	......	1,620	9,012	......	9,012	8,810	......	8,810

Total--Research, Development, Test, and Evaluation	6,659	......	6,659	37,433	......	37,433	36,403	......	36,403
Military Construction:


Department of the Army	109	......	109	887	......	887	814	......	814
Department of the Navy	119	......	119	623	......	623	569	......	569

Department of the Air Force	136	......	136	603	......	603	511	......	511
Defense Agencies	247	......	247	1,131	......	1,131	1,062	......	1,062

Total--Military Construction	611	......	611	3,245	......	3,245	2,956	......	2,956
Family Housing:


Department of the Army	39	......	39	166	......	166	159	......	159
Department of the Navy	19	......	19	102	......	102	99	......	99

Department of the Air Force	34	......	34	136	......	136	120	......	120
Defense Agencies	4	......	4	19	(**)	19	36	......	36

Revolving and Management Funds:

12

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

[$ millions]

		This Month		Current Fiscal Year to Date			Prior Fiscal Year to Date
Classification	Gross	Applicable	Outlays	Gross	Applicable	Outlays	Gross	Applicable	Outlays
	Outlays	Receipts		Outlays	Receipts		Outlays	Receipts


Department of Defense Military Programs: - Continued--
Department of the Navy	38	......	38	54	......	54	41	......	41

Defense Agencies:
Working Capital Fund	438	......	438	2,776	......	2,776	3,485	......	3,485

Other	75	......	75	108	......	108	149	......	149
Allowances	6	......	6	-6	......	-6	15	......	15

Trust Funds:
Department of the Army	1	......	1	6	......	6	5	......	5

Department of the Navy	2	......	2	11	......	11	14	......	14
Department of the Air Force	(**)	......	(**)	2	......	2	1	......	1

Defense Agencies	39	......	39	131	......	131	110	......	110
Proprietary Receipts from the Public:

Department of the Army	......	64	-64	......	-122	122	......	-232	232
Department of the Navy	......	3	-3	......	20	-20	......	35	-35

Department of the Air Force	......	-8	8	......	11	-11	......	52	-52
Defense Agencies	......	19	-19	......	147	-147	......	337	-337

Intrabudgetary Transactions:
Department of the Army	-1	......	-1	-11	......	-11	7	......	7

Department of the Navy	-2	......	-2	-12	......	-12	-21	......	-21
Department of the Air Force	95	......	95	88	......	88	23	......	23

Defense Agencies	-30	......	-30	-77	......	-77	-13	......	-13
Offsetting Governmental Receipts:

Department of the Army	......	3	-3	......	4	-4	......	(**)	(**)
Defense Agencies	......	......	......	......	500	-500	......	......	......

----TotalDepartmentofDefenseMilitary Programs	52,702	81	52,622	290,883	560	290,323	270,322	192	270,130
Department of Education:


Office of Elementary and Secondary Education:
Accelerating Achievement and Ensuring Equity	1,197	......	1,197	6,793	......	6,793	6,646	......	6,646

Impact Aid	392	......	392	1,072	......	1,072	1,125	......	1,125
Education Improvement Programs	356	......	356	2,125	......	2,125	1,928	......	1,928

Other	26	......	26	137	......	137	122	......	122
Total--Office of Elementary and Secondary Education	1,970	......	1,970	10,126	......	10,126	9,821	......	9,821

Office of Innovation and Improvement	9	......	9	311	......	311	456	......	456
Office of English Language Acquisition	39	......	39	329	......	329	344	......	344

Office of Special Education and Rehabilitative Services:
Special Education	1,085	......	1,085	5,518	......	5,518	5,281	......	5,281

Rehabilitation Services and Disability Research	265	......	265	1,453	......	1,453	1,394	......	1,394
Special Institutions for Persons with Disabilities	36	......	36	112	......	112	99	......	99

Office of Vocational and Adult Education	140	......	140	704	......	704	681	......	681
Office of Postsecondary Education:


Higher Education	194	......	194	1,000	......	1,000	977	......	977
Other	(**)	(**)	(**)	120	1	119	118	2	116

--TotalOffice of Postsecondary Education	194	(**)	194	1,120	1	1,119	1,095	2	1,093
Office of Federal Student Aid:


Student Financial Assistance	4,191	......	4,191	14,589	......	14,589	15,028	......	15,028
Student Aid Administration	191	......	191	637	......	637	688	......	688

Federal Direct Student Loans	2,163	......	2,163	5,245	......	5,245	3,563	......	3,563
Federal Family Education Loans	-23	......	-23	-105	......	-105	-58	......	-58

Other	5	(**)	4	16	3	13	14	4	10
--TotalOffice of Federal Student Aid	6,527	(**)	6,527	20,382	3	20,380	19,234	4	19,230

Institute of Education Sciences	44	......	44	235	......	235	263	......	263
Departmental Management	48	......	48	237	......	237	218	......	218

Other	31	......	31	123	......	123	251	......	251
Proprietary Receipts from the Public	......	1,076	-1,076	......	3,913	-3,913	......	4,606	-4,606

Intrabudgetary Transactions	-16	......	-16	52	......	52	107	......	107
Total Department of Education
--	10,372	1,077	9,295	40,703	3,917	36,785	39,245	4,612	34,633

Department of Energy:
National Nuclear Security Administration:

Naval Reactors	104	......	104	550	......	550	571	......	571
Weapons Activities	857	......	857	4,637	......	4,637	4,263	......	4,263

Defense Nuclear Nonproliferation	138	......	138	870	......	870	711	......	711
Other	38	......	38	180	......	180	185	......	185

Environmental and Other Defense Activities:

13

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

[$ millions]

		This Month		Current Fiscal Year to Date			Prior Fiscal Year to Date
Classification	Gross	Applicable	Outlays	Gross	Applicable	Outlays	Gross	Applicable	Outlays
	Outlays	Receipts		Outlays	Receipts		Outlays	Receipts


Department of Energy: - Continued
Defense Environmental Cleanup	362	......	362	2,452	......	2,452	2,301	......	2,301

Other Defense Activities	82	......	82	398	......	398	307	......	307
Defense Nuclear Waste Disposal	(**)	......	(**)	1	......	1	1	......	1

Energy Programs:
Science	432	......	432	2,633	......	2,633	2,386	......	2,386

Energy Supply	144	......	144	779	......	779	662	......	662
Energy Efficiency and Renewable Energy	160	......	160	838	......	838	725	......	725

Fossil Energy Research and Development	48	......	48	273	......	273	255	......	255
Uranium Enrichment Decontamination and Decommissioning
Fund	66	......	66	330	......	330	298	......	298

Advanced Technology Vehicles Manufacturing Loan Program	(**)	......	(**)	1	......	1	1	......	1
Title 17 Innovative Technology Loan Guarantee Program	2	......	2	9	......	9	7	......	7

Other	106	11	94	511	39	472	468	59	409
--TotalEnergy Programs	957	11	946	5,375	39	5,336	4,802	59	4,743

Power Marketing Administration	449	427	22	1,835	1,630	204	1,714	1,648	67
Departmental Administration	4	......	4	119	......	119	106	......	106

Proprietary Receipts from the Public	......	69	-69	......	951	-951	......	1,242	-1,242
Intrabudgetary Transactions	-137	......	-137	-646	......	-646	-625	......	-625

Total--Department of Energy

Department of Health and Human Services:

Food and Drug Administration

Health Resources and Services Administration Indian Health Service

Centers for Disease Control and Prevention National Institutes of Health

Substance Abuse and Mental Health Services Administration Agency for Healthcare Research and Quality

Centers for Medicare and Medicaid Services:

Grants to States for Medicaid Payments to Health Care Trust Funds Children's Health Insurance Fund State Grants and Demonstrations

2,855	507	2,348	15,772	2,620	13,152	14,336	2,949	11,388



188	1	187	1,200	4	1,195	1,051	3	1,048
923	......	923	4,820	......	4,820	4,787	......	4,787
567	......	567	3,890	......	3,890	1,990	......	1,990
601	......	601	3,239	......	3,239	3,006	......	3,006
3,059	......	3,059	15,283	......	15,283	14,589	......	14,589
304	......	304	2,146	......	2,146	1,541	......	1,541
35	......	35	140	......	140	131	......	131


37,235
	......	37,235	172,946	......	172,946	163,193	......	163,193
30,024	......	30,024	152,944	......	152,944	142,218	......	142,218
1,412	......	1,412	6,630	......	6,630	6,934	......	6,934
33	......	33	138	......	138	159	......	159

Federal Hospital Insurance Trust Fund:
Benefit Payments	27,056	......	27,056	146,307	......	146,307	128,159	......	128,159


Administrative Expenses	251......		251	1,517......		1,517	1,660......		1,660
Total--Federal Hospital Insurance Trust Fund	27,307	......	27,307	147,824	......	147,824	129,819	......	129,819

Health Care Fraud and Abuse Control	149	......	149	750	......	750	656	......	656
Federal Supplementary Medical Insurance Trust Fund:


Benefit Payments	29,457	......	29,457	166,572	......	166,572	141,808	......	141,808

Administrative Expenses	430......		430	1,890......		1,890	1,548......		1,548

Medicare Prescription Drugs:
Benefit Payments	5,672......		5,672	42,260	......	42,260	34,155	......	34,155

--TotalFederal Supplementary Medical Insurance Trust
Fund	35,558	......	35,558	210,721	......	210,721	177,511	......	177,511

Other
	63	......	63	3,680	......	3,680	5,143	......	5,143

Total--Centers for Medicare and Medicaid Services	131,782	......	131,782	695,633	......	695,633	625,633	......	625,633
Administration for Children and Families:


Temporary Assistance for Needy Families	1,082	......	1,082	7,164	......	7,164	6,443	......	6,443

Contingency Fund	60......		60	136......		136	94......		94

Payments to States for Child Support Enforcement and
Family Support Programs	295......		295	1,529......		1,529	1,449......		1,449
Low Income Home Energy Assistance	468......		468	1,935......		1,935	1,923......		1,923

Refugee and Entrant Assistance	168......		168	893......		893	1,082......		1,082
Child Care Entitlement to States	241......		241	1,152......		1,152	989......		989

Payments to States for the Child Care and Development
Block Grant	419......		419	2,173......		2,173	1,540......		1,540
Social Services Block Grant	45......		45	546......		546	656......		656

Children and Families Services Programs	1,041......		1,041	5,229......		5,229	4,864......		4,864
Payments to States for Foster Care and Adoption
Assistance	774......		774	3,519......		3,519	3,356......		3,356

Other	42......		42	240......		240	201......		201
Total--Administration for Children and Families	4,637	......	4,637	24,513	......	24,513	22,598	......	22,598

14

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

[$ millions]

		This Month		Current Fiscal Year to Date			Prior Fiscal Year to Date
Classification	Gross	Applicable	Outlays	Gross	Applicable	Outlays	Gross	Applicable	Outlays
	Outlays	Receipts		Outlays	Receipts		Outlays	Receipts


Department of Health and Human Services: - Continued

Administration for Community Living	213	......	213	898	......	898	825	......	825
Departmental Management	306	......	306	1,614	......	1,614	1,434	......	1,434

Other	111	......	111	542	......	542	266	......	266
Proprietary Receipts from the Public	......	10,969	-10,969	......	54,801	-54,801	......	51,577	-51,577

Intrabudgetary Transactions:
Payments for Health Insurance for the Aged:

Federal Supplementary Medical Insurance Trust Fund	-30,023	......	-30,023	-146,925	......	-146,925	-136,868	......	-136,868
Payments for Tax and Other Credits:

Federal Hospital Insurance Trust Fund	-2	......	-2	-6,027	......	-6,027	-5,375	......	-5,375
Other	246	......	246	-424	......	-424	-763	......	-763

--TotalDepartment of Health and Human Services	112,947	10,970	101,977	600,541	54,805	545,736	534,845	51,580	483,265
Department of Homeland Security:


Departmental Management and Operations	143	......	143	683	......	683	506	......	506
Citizenship and Immigration Services	364	......	364	1,789	......	1,789	1,632	......	1,632

United States Secret Service	231	......	231	1,049	......	1,049	902	......	902
Transportation Security Administration	532	......	532	2,955	......	2,955	2,884	......	2,884

Immigration and Customs Enforcement	686	......	686	3,390	......	3,390	3,013	......	3,013
U.S. Customs and Border Protection	1,309	3	1,307	6,932	12	6,920	6,196	9	6,187

United States Coast Guard	923	......	923	5,007	......	5,007	4,631	......	4,631
National Protection and Programs Directorate	185	......	185	766	......	766	804	......	804

Federal Emergency Management Agency:
State and Local Programs	26	......	26	146	......	146	312	......	312

Firefighter Assistance Grants	11	......	11	67	......	67	159	......	159
Disaster Relief	1,057	......	1,057	5,485	......	5,485	6,728	......	6,728

National Flood Insurance Fund	73	162	-89	924	556	368	1,333	447	886
Other	99	......	99	523	......	523	559	......	559

--TotalFederal Emergency Management Agency	1,266	162	1,104	7,145	556	6,589	9,091	447	8,644
Science and Technology
	71	......	71	317	......	317	362	......	362

Domestic Nuclear Detection Office	21	......	21	116	......	116	96	......	96
Other	44	......	44	214	......	214	219	......	219

Proprietary Receipts from the Public	......	90	-90	......	405	-405	......	384	-384
Intrabudgetary Transactions	68	......	68	136	......	136	34	......	34

Offsetting Governmental Receipts	......	1,291	-1,291	......	5,277	-5,277	......	4,868	-4,868
Total Department of Homeland Security
--	5,843	1,545	4,299	30,499	6,251	24,248	30,371	5,708	24,663

Department of Housing and Urban Development:
Public and Indian Housing Programs:

Tenant Based Rental Assistance	1,938	......	1,938	9,463	......	9,463	9,112	......	9,112
Housing Certificate Fund	7	......	7	84	......	84	86	......	86

Public Housing Capital Fund	211	......	211	996	......	996	880	......	880
Public Housing Operating Fund	446	......	446	2,036	......	2,036	1,806	......	1,806

Revitalization of Severely Distressed Public Housing
(Hope VI)	(**)	......	(**)	2	......	2	7	......	7
Native American Housing Block Grant	37	......	37	204	......	204	229	......	229

Other	11	......	11	74	......	74	63	......	63
Total--Public and Indian Housing Programs	2,651	......	2,651	12,858	......	12,858	12,184	......	12,184

Community Planning and Development:
Housing Opportunities for Persons with AIDS	31	......	31	119	......	119	127	......	127

Community Development Fund	409	......	409	2,085	......	2,085	2,208	......	2,208
Home Investment Partnership Program	72	......	72	353	......	353	336	......	336

Neighborhood Stabilization Program	1	......	1	9	......	9	8	......	8
Homeless Assistance Grants	190	......	190	933	......	933	906	......	906

Other	17	......	17	104	......	104	49	......	49
Total--Community Planning and Development	720	......	720	3,603	......	3,603	3,634	......	3,634

Housing Programs:
Credit Accounts:

FHA-Mutual Mortgage Insurance Fund, Program Account	7	......	7	44	......	44	43	......	43
FHA-Mutual Mortgage Insurance Capital Reserve Account	-515	......	-515	-3,070	......	-3,070	-2,487	......	-2,487

FHA-Mutual Mortgage and Cooperative Housing Insurance
Fund, Liquidating Account	2	1	1	6	5	1	9	7	2
FHA-General and Special Risk Fund, Liquidating Account	10	13	-3	48	70	-22	44	73	-29

Housing for the Elderly or Handicapped Fund,
Liquidating Account	-11	3	-14	-51	25	-76	-56	25	-81

15

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

[$ millions]

		This Month		Current Fiscal Year to Date				Prior Fiscal Year to Date
Classification	Gross	Applicable	Outlays	Gross		Applicable	Outlays	Gross	Applicable	Outlays
	Outlays	Receipts		Outlays		Receipts		Outlays	Receipts


Department of Housing and Urban Development: - Continued
HUD Project-Based Rental Assistance	1,057	......	1,057		5,207	......	5,207	4,969	......	4,969

Housing for the Elderly	56	......	56		309	......	309	298	......	298
Housing for Persons with Disabilities	17	......	17		80	......	80	75	......	75

Other Assisted Housing Programs	7	......	7		30	......	30	38	......	38
Other	6	4	1		21	19	3	18	14	4

--TotalHousing Programs	634	21	613		2,625	118	2,507	2,952	120	2,832
Government National Mortgage Association:


Guarantees of Mortgage-Backed Securities	-19	(**)	-19		-90	1	-90	-113	1	-115
Management and Administration	145	......	145		758	......	758	687	......	687

Other	11	......	11		72	......	72	88	......	88
Proprietary Receipts from the Public:

FHA-General and Special Risk Fund	......	39	-39		......	260	-260	......	239	-239
Other	......	327	-327		......	329	-329	......	3	-3

Intrabudgetary Transactions	-1	......	-1		-2	......	-2	-4	......	-4
Offsetting Governmental Receipts	......	1	-1		......	6	-6	......	6	-6

--TotalDepartment of Housing and Urban Development	4,142	388	3,753	19,825		715	19,110	19,427	369	19,058
Department of the Interior:


Land and Minerals Management:
Bureau of Land Management:

Management of Lands and Resources	88	......	88		460	......	460	438	......	438
Other	37	4	33		179	23	155	124	22	102

Bureau of Ocean Energy Management	10	......	10		51	......	51	49	......	49
Office of Surface Mining Reclamation and Enforcement	26	......	26		460	......	460	441	......	441

--TotalLand and Minerals Management	161	4	157		1,150	23	1,127	1,053	22	1,031
Water and Science:


Bureau of Reclamation:
Water and Related Resources	56	......	56		469	......	469	405	......	405

Other	27	32	-4		290	103	187	295	159	136
Central Utah Project	(**)	......	(**)		6	......	6	13	......	13

United States Geological Survey	86	......	86		504	......	504	496	......	496
--TotalWater and Science	169	32	138		1,269	103	1,166	1,210	159	1,051

Fish and Wildlife and Parks:
United States Fish and Wildlife Service	239	......	239		1,276	......	1,276	1,168	......	1,168

National Park Service	237	......	237		1,393	......	1,393	1,278	......	1,278
Total--Fish and Wildlife and Parks	475	......	475		2,669	......	2,669	2,446	......	2,446

Indian Affairs:
Bureau of Indian Affairs and Bureau of Indian Education	276	(**)	276		1,098	(**)	1,098	1,013	(**)	1,012

--TotalIndian Affairs	276	(**)	276		1,098	(**)	1,098	1,013	(**)	1,012
Departmental Offices:


Mineral Leasing and Associated Payments	144	......	144		774	......	774	1,212	......	1,212
Other	26	......	26		112	......	112	112	......	112

Insular Affairs	25	......	25		182	......	182	148	......	148
Office of the Special Trustee for American Indians	8	......	8		47	......	47	50	......	50

Department-Wide Programs	70	......	70		477	......	477	540	......	540
Total--Departmental Offices	272	......	272		1,593	......	1,593	2,063	......	2,063

Other	49		49	1	341	(**)	341	262		262
		......							......
Proprietary Receipts from the Public	......	401	-401		......	2,048	-2,048	......	2,907	-2,907

Intrabudgetary Transactions	-54	......	-54		-160	......	-160	798	......	798
Total Department of the Interior
--	1,349	436	913		7,961	2,175	5,786	8,844	3,088	5,755

Department of Justice:
General Administration	219	......	219		835	......	835	530	......	530

Legal Activities and U.S. Marshals:
General Legal Activities	161	......	161		850	......	850	1,979	......	1,979

United States Attorneys	161	......	161		767	......	767	747	......	747
United States Marshals Service	140	......	140		587	......	587	558	......	558

Assets Forfeiture Fund	256	......	256		599	......	599	1,015	......	1,015
Other	203	......	203		990	......	990	849	......	849

Federal Bureau of Investigation	636	......	636		3,968	......	3,968	3,917	......	3,917
Drug Enforcement Administration	197	......	197		1,095	......	1,095	1,002	......	1,002

Bureau of Alcohol, Tobacco, Firearms, and Explosives	104	......	104		543	......	543	526	......	526
Federal Prison System	611	25	586		3,346	141	3,205	3,046	151	2,895

Office of Justice Programs:

16

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

[$ millions]

		This Month		Current Fiscal Year to Date			Prior Fiscal Year to Date
Classification	Gross	Applicable	Outlays	Gross	Applicable	Outlays	Gross	Applicable	Outlays
	Outlays	Receipts		Outlays	Receipts		Outlays	Receipts


Department of Justice: - Continued
State and Local Law Enforcement Assistance	212	......	212	885	......	885	608	......	608

Community Oriented Policing Services	11	......	11	66	......	66	71	......	71
Crime Victims Fund	199	......	199	1,138	......	1,138	998	......	998

Other	-25	......	-25	273	......	273	416	......	416
Other	149	......	149	394	......	394	223	......	223

Proprietary Receipts from the Public	......	49	-49	......	174	-174	......	1,323	-1,323
Intrabudgetary Transactions	-2,706	......	-2,706	-2,732	......	-2,732	-278	......	-278

Offsetting Governmental Receipts	......	89	-89	......	315	-315	......	297	-297
--TotalDepartment of Justice	527	163	364	13,603	630	12,973	16,207	1,771	14,436

Department of Labor:
Employment and Training Administration:

Training and Employment Services	257	......	257	1,388	......	1,388	1,324	......	1,324
Office of Job Corps	105	......	105	664	......	664	619	......	619

Community Service Employment for Older Americans	34	......	34	163	......	163	160	......	160
Federal Unemployment Benefits and Allowances	23	......	23	136	......	136	151	......	151

Federal Additional Unemployment Compensation
Program-Recovery Act	(**)	......	(**)	(**)	......	(**)	-1	......	-1
State Unemployment Insurance and Employment Service
Operations	-14	......	-14	-66	......	-66	-251	......	-251

Payments to the Unemployment Trust Fund	......	......	......	1	......	1	2	......	2
Program Administration	6	......	6	44	......	44	47	......	47

Unemployment Trust Fund:
Federal-State Unemployment Insurance:

State Unemployment Benefits	2,761	......	2,761	12,135	......	12,135	11,954	......	11,954
State Administrative Expenses	310	......	310	1,501	......	1,501	1,677	......	1,677

Federal Administrative Expenses	19	......	19	164	......	164	299	......	299
Other	(**)	......	(**)	1	......	1	3	......	3

Total--Unemployment Trust Fund	3,090	......	3,090	13,802	......	13,802	13,933	......	13,933
Other
	......	......	......	......	......	......	18	......	18

Total--Employment and Training Administration	3,501	......	3,501	16,132	......	16,132	16,003	......	16,003
Pension Benefit Guaranty Corporation
	549	281	267	2,723	6,144	-3,422	2,691	5,222	-2,531

Office of Workers' Compensation Programs:
Special Benefits	-764	......	-764	-1,296	......	-1,296	-627	......	-627

Energy Employees Occupational Illness Compensation Fund	125	......	125	670	......	670	545	......	545
Special Benefits for Disabled Coal Miners	5	......	5	27	......	27	30	......	30

Black Lung Disability Trust Fund	17	......	17	82	......	82	90	......	90
Other	27	......	27	149	......	149	155	......	155

Wage and Hour Division	17	......	17	105	......	105	110	......	110
Occupational Safety and Health Administration	36	......	36	223	......	223	232	......	232

Mine Safety and Health Administration	26	......	26	144	......	144	153	......	153
Bureau of Labor Statistics	41	......	41	221	......	221	228	......	228

Departmental Management	105	......	105	348	......	348	100	......	100
Other	24	......	24	137	......	137	136	......	136

Proprietary Receipts from the Public	......	(**)	(**)	......	3	-3	......	2	-2
Intrabudgetary Transactions	-72	......	-72	-144	......	-144	-161	......	-161

--TotalDepartment of Labor	3,637	282	3,355	19,520	6,147	13,373	19,686	5,224	14,462
Department of State:


Administration of Foreign Affairs:
Diplomatic and Consular Programs	671	......	671	3,447	......	3,447	4,007	......	4,007

Educational and Cultural Exchange Programs	42	......	42	306	......	306	272	......	272
Embassy Security, Construction, and Maintenance	194	......	194	1,033	......	1,033	504	......	504

Payment to Foreign Service Retirement and Disability
Fund	......	......	......	288	......	288	60	......	60
Foreign Service Retirement and Disability Fund	84	......	84	416	......	416	404	......	404

Other	507	......	507	2,031	......	2,031	1,028	......	1,028
Total--Administration of Foreign Affairs	1,498	......	1,498	7,521	......	7,521	6,274	......	6,274

International Organizations and Conferences	73	......	73	1,873	......	1,873	1,518	......	1,518
Global Health and Child Survival	517	......	517	3,756	......	3,756	3,468	......	3,468

Migration and Refugee Assistance	180	......	180	883	......	883	1,044	......	1,044
International Narcotics Control and Law Enforcement	107	......	107	412	......	412	436	......	436

Andean Counterdrug Programs	......	......	......	(**)	......	(**)	(**)	......	(**)
Other	58	......	58	213	......	213	203	......	203

Proprietary Receipts from the Public	......	287	-287	......	1,380	-1,380	......	1,412	-1,412
Intrabudgetary Transactions	66	......	66	-294	......	-294	-147	......	-147

--TotalDepartment of State	2,499	287	2,213	14,365	1,380	12,986	12,796	1,412	11,385

17

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

[$ millions]

		This Month		Current Fiscal Year to Date			Prior Fiscal Year to Date
Classification	Gross	Applicable	Outlays	Gross	Applicable	Outlays	Gross	Applicable	Outlays
	Outlays	Receipts		Outlays	Receipts		Outlays	Receipts


Department of Transportation:

Office of the Secretary	37	......	37	273	......	273	316	......	316
Federal Aviation Administration:


Operations	-627	......	-627	-459	......	-459	829	......	829
Airport and Airway Trust Fund:


Grants-In-Aid for Airports	248	......	248	1,165	......	1,165	1,496	......	1,496
Facilities and Equipment	197	......	197	1,118	......	1,118	1,073	......	1,073

Research, Engineering, and Development	8	......	8	60	......	60	65	......	65
Trust Fund Share of FAA Operations	1,506	......	1,506	4,839	......	4,839	3,300	......	3,300

Total--Airport and Airway Trust Fund	1,959	......	1,959	7,182	......	7,182	5,934	......	5,934
Other
	-10	1	-11	440	21	419	32	16	16

--TotalFederal Aviation Administration	1,322	1	1,322	7,163	21	7,143	6,795	16	6,779
Federal Highway Administration:


Highway Trust Fund:
Federal-Aid Highways	2,998	......	2,998	17,102	......	17,102	16,136	......	16,136

Other	(**)	......	(**)	2	......	2	3	......	3
Other Programs	100	......	100	732	......	732	436	......	436

Total--Federal Highway Administration	3,098	......	3,098	17,837	......	17,837	16,575	......	16,575
Federal Motor Carrier Safety Administration
	48	......	48	243	......	243	228	......	228

National Highway Traffic Safety Administration	73	......	73	453	......	453	447	......	447
Federal Railroad Administration:


Capital and Debt Service Grants to the National Railroad
Passenger Corporation	......	......	......	1	......	1	1	......	1
Other	1,514	......	1,514	1,619	......	1,619	846	......	846

Total--Federal Railroad Administration	1,514	......	1,514	1,620	......	1,620	847	......	847
Federal Transit Administration:


Formula Grants	2	......	2	2	......	2	6	......	6
Capital Investment Grants	196	......	196	680	......	680	646	......	646

Transit Formula Grants	693	......	693	3,911	......	3,911	3,716	......	3,716
Other	148	......	148	610	......	610	418	......	418

Total--Federal Transit Administration	1,039	......	1,039	5,203	......	5,203	4,786	......	4,786
Maritime Administration
	-176	......	-176	7	(**)	7	33	2	31

Other	46	3	43	236	18	217	210	16	194
Proprietary Receipts from the Public	......	-8	8	......	51	-51	......	46	-46

Intrabudgetary Transactions:
Other	(**)	......	(**)	(**)	......	(**)	(**)	......	(**)

Offsetting Governmental Receipts	......	(**)	(**)	......	(**)	(**)	......	3	-3
Total Department of Transportation
--	7,002	-4	7,006	33,035	91	32,945	30,235	83	30,152

Department of the Treasury:
Departmental Offices:

Exchange Stabilization Fund	7	28	-21	28	164	-136	23	233	-210
Housing and Economic Recovery Programs	(**)	......	(**)	(**)	......	(**)	(**)	......	(**)

Troubled Asset Relief Program	58	......	58	368	......	368	607	......	607
Other	138	......	138	607	......	607	604	......	604

Bureau of the Fiscal Service:
Payment to the Resolution Funding Corporation	......	......	......	1,314	......	1,314	1,314	......	1,314

Financial Agent Services	71	......	71	333	......	333	326	......	326
Claims, Judgements, and Relief Acts	123	......	123	634	......	634	743	......	743

Other	48	(**)	48	1,247	(**)	1,246	404	(**)	404
--TotalBureau of the Fiscal Service	243	(**)	243	3,528	(**)	3,527	2,787	(**)	2,787

Federal Financing Bank	-88	......	-88	-513	......	-513	-768	......	-768
Alcohol and Tobacco Tax and Trade Bureau:

Salaries and Expenses	10	......	10	50	......	50	47	......	47
Internal Revenue Collections for Puerto Rico	34	......	34	189	......	189	148	......	148

Bureau of Engraving and Printing	23	......	23	30	......	30	-7	......	-7
United States Mint	198	85	113	823	727	96	705	828	-123

Internal Revenue Service:
Taxpayer Services	221	......	221	1,079	......	1,079	1,040	......	1,040

Enforcement	389	......	389	1,998	......	1,998	1,878	......	1,878
Operations Support	374	......	374	1,910	......	1,910	1,805	......	1,805

Build America Bond Payments, Recovery Act	285	......	285	1,212	......	1,212	1,183	......	1,183
Refundable Premium Tax Credits and Cost Sharing
Reductions	3,735	......	3,735	20,807	......	20,807	20,944	......	20,944

18

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

[$ millions]

		This Month		Current Fiscal Year to Date			Prior Fiscal Year to Date
Classification	Gross	Applicable	Outlays	Gross	Applicable	Outlays	Gross	Applicable	Outlays
	Outlays	Receipts		Outlays	Receipts		Outlays	Receipts


Department of the Treasury: - Continued

Payment Where Earned Income Credit Exceeds Liability for
Tax	36,439	......	36,439	36,773	......	36,773	34,703	......	34,703
Payment Where Child Tax Credit Exceeds Liability for Tax	18,109	......	18,109	18,416	......	18,416	17,394	......	17,394

Payment Where American Opportunity Tax Credit Exceeds
Liability for Tax	1,256	......	1,256	1,333	......	1,333	1,187	......	1,187
Refunding Internal Revenue Collections, Interest	469	......	469	1,164	......	1,164	675	......	675

Other	836	(**)	836	6,864	(**)	6,864	1,578	(**)	1,578
--TotalInternal Revenue Service	62,113	(**)	62,113	91,556	(**)	91,556	82,388	(**)	82,388

Comptroller of the Currency	83	3	80	472	22	450	471	28	442
Interest on the Public Debt:


Interest on Treasury Debt Securities (Gross):
Public Issues (Accrual Basis)	28,243	......	28,243	157,941	......	157,941	145,578	......	145,578

Special Issues (Cash Basis)	6,648	......	6,648	71,041	......	71,041	75,171	......	75,171
Total--Interest on Treasury Debt Securities (Gross)	34,891	......	34,891	228,982	......	228,982	220,749	......	220,749

Total--Interest on the Public Debt	34,891	......	34,891	228,982	......	228,982	220,749	......	220,749
Other
	11	......	11	52	......	52	47	......	47

Proprietary Receipts from the Public	......	2,458	-2,458	......	3,928	-3,928	......	10,870	-10,870
Intrabudgetary Transactions	-195	......	-195	-803	......	-803	-899	......	-899

--TotalDepartment of the Treasury	97,526	2,575	94,951	325,368	4,840	320,528	306,903	11,959	294,944
Department of Veterans Affairs:


Joint DOD-VA Medical Facility Demonstration Fund	41	......	41	186	......	186	181	......	181
Veterans Health Administration:

Veterans Choice Fund, Veterans Health Administration	19	......	19	97	......	97	1,824	......	1,824
Medical Services	5,905	......	5,905	29,544	......	29,544	25,772	......	25,772

Medical Support and Compliance	607	......	607	3,132	......	3,132	2,815	......	2,815
Medical Facilities	510	......	510	2,605	......	2,605	2,461	......	2,461

Other	101	35	66	563	199	365	524	200	324
Benefits Programs:


Public Enterprise Funds:
Housing Accounts	(**)	1	-1	(**)	4	-3	(**)	5	-4

Other	67	211	-144	330	785	-455	385	383	2
Compensation and Pensions	9,627	......	9,627	52,649	......	52,649	40,148	......	40,148

Readjustment Benefits	1,507	......	1,507	6,678	......	6,678	6,150	......	6,150
Veterans Housing Benefit Program Fund	(**)	......	(**)	5	......	5	37	......	37

Insurance Funds:
National Service Life	52	......	52	264	......	264	289	......	289

Veterans Special Life	18	1	17	86	32	55	76	36	40
Other	9	......	9	43	......	43	41	......	41

--TotalBenefits Programs	11,280	213	11,068	60,055	821	59,235	47,126	424	46,702
Departmental Administration:


Construction	76	......	76	375	......	375	565	......	565
Information Technology Systems	384	......	384	1,840	......	1,840	1,797	......	1,797

General Operating Expenses	-303	......	-303	1,245	(**)	1,245	1,736	(**)	1,736
Other	93	......	93	1,050	......	1,050	712	......	712

Proprietary Receipts from the Public:
National Service Life	......	9	-9	......	17	-17	......	17	-17

Other	......	655	-655	......	2,127	-2,127	......	1,611	-1,611
Intrabudgetary Transactions	-4	......	-4	12	......	12	-11	......	-11

--TotalDepartment of Veterans Affairs	18,709	911	17,798	100,705	3,163	97,542	85,502	2,252	83,250
Corps of Engineers:


Construction	203	......	203	1,060	......	1,060	605	......	605
Operation and Maintenance	304	......	304	1,580	......	1,580	1,353	......	1,353

Flood Control and Coastal Emergencies	60	......	60	288	......	288	312	......	312
Rivers and Harbors Contributed Funds	47	......	47	223	......	223	165	......	165

Other	95	......	95	683	......	683	707	......	707
Proprietary Receipts from the Public	......	46	-46	......	261	-261	......	267	-267

Intrabudgetary Transactions	(**)	......	(**)	(**)	......	(**)	1	......	1
--TotalCorps of Engineers	709	46	663	3,833	261	3,573	3,144	267	2,877

Other Defense Civil Programs:
Military Retirement:

Payment to Military Retirement Fund	......	......	......	91,873	......	91,873	87,996	......	87,996
Military Retirement Fund	5,211	......	5,211	30,557	......	30,557	25,047	......	25,047

19

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

[$ millions]

		This Month		Current Fiscal Year to Date			Prior Fiscal Year to Date
Classification	Gross	Applicable	Outlays	Gross	Applicable	Outlays	Gross	Applicable	Outlays
	Outlays	Receipts		Outlays	Receipts		Outlays	Receipts


Other Defense Civil Programs: - Continued

Retiree Health Care:
Payment to Department of Defense Medicare-Eligible
Retiree Health Care Fund	......	......	......	6,637	......	6,637	5,720	......	5,720

Department of Defense Medicare-Eligible Retiree Health
Care Fund	682	......	682	4,742	......	4,742	4,398	......	4,398
Educational Benefits	16	......	16	89	......	89	96	......	96

Other	19	......	19	130	......	130	129	......	129
Proprietary Receipts from the Public	......	2	-2	......	10	-10	......	10	-10

Intrabudgetary Transactions	-900	......	-900	-101,966	......	-101,966	-96,383	......	-96,383
--TotalOther Defense Civil Programs	5,028	2	5,026	32,062	10	32,052	27,003	10	26,993

Environmental Protection Agency:
Science and Technology	59	......	59	283	......	283	269	......	269

Environmental Programs and Management	141	......	141	983	......	983	984	......	984
State and Tribal Assistance Grants	361	......	361	2,100	......	2,100	2,026	......	2,026

Payment to the Hazardous Substance Superfund	654	......	654	1,076	......	1,076	504	......	504
Hazardous Substance Superfund	112	......	112	605	......	605	534	......	534

Other	25	4	21	98	41	57	71	31	40
Proprietary Receipts from the Public	......	7	-7	......	116	-116	......	72	-72

Intrabudgetary Transactions	-632	......	-632	-1,008	......	-1,008	-440	......	-440
Offsetting Governmental Receipts	......	3	-3	......	10	-10	......	10	-10

--TotalEnvironmental Protection Agency	721	14	707	4,137	167	3,970	3,948	113	3,835
Executive Office of the President:


The White House	5	......	5	26	......	26	22	......	22
Office of Management and Budget	9	......	9	45	......	45	44	......	44

Unanticipated Needs	2	......	2	9	......	9	10	......	10
Other	31	......	31	100	......	100	91	......	91

Proprietary Receipts from the Public	......	(**)	(**)	......	(**)	(**)	......	(**)	(**)
Intrabudgetary Transactions	-15	......	-15	-15	......	-15	(**)	......	(**)

--TotalExecutive Office of the President	32	()**	32	164	()**	164	167	()**	167
General Services Administration:


Real Property Activities	561	......	561	392	......	392	-219	......	-219
Supply and Technology Activities	-185	......	-185	-110	......	-110	-286	......	-286

General Activities	24	......	24	114	......	114	102	......	102
Proprietary Receipts from the Public	......	1	-1	......	43	-43	......	2	-2

Intrabudgetary Transactions	1	......	1	-5	......	-5	-5	......	-5
--TotalGeneral Services Administration	401	1	400	391	43	348	-408	2	-411

International Assistance Programs:
Millennium Challenge Corporation	44	......	44	230	......	230	323	......	323

International Security Assistance:
Foreign Military Financing Program	98	......	98	5,075	......	5,075	2,749	......	2,749

Economic Support Fund	231	......	231	2,028	......	2,028	2,283	......	2,283
Other	97	......	97	561	7	554	596	7	589

Total--International Security Assistance	426	......	426	7,665	7	7,658	5,628	7	5,622
Multilateral Assistance:


Other	3	......	3	285	......	285	305	......	305
Total--Multilateral Assistance	3	......	3	285	......	285	305	......	305

Agency for International Development:
Development Assistance Program	213	......	213	991	......	991	950	......	950

Assistance for Europe, Eurasia and Central Asia	57	......	57	291	......	291	232	......	232

International Disaster Assistance

Operating Expenses

Other

Proprietary Receipts from the Public

Intrabudgetary Transactions

Total--Agency for International Development

Overseas Private Investment Corporation:

Overseas Private Investment Corporation Accounts

Proprietary Receipts from the Public

Total--Overseas Private Investment Corporation

Peace Corps

Military Sales Program:

Foreign Military Sales Trust Fund

373	......	373	2,017	......	2,017	1,483	......	1,483
79	......	79	546	......	546	525	......	525
14	......	14	19	110	-91	538	137	400
......	2	-2	......	27	-27	......	144	-144
-6	......	-6	-5	......	-5	-4	......	-4

731	2	728	3,859	137	3,722	3,724	281	3,442

4
	2	1	36	41	-5	59	71	-12
......	......	......	......	57	-57	......	125	-125

4	2	1	36	98	-62	59	196	-137

41	(**)	41	189	1	188	155	1	155

2,512	......	2,512	14,348	......	14,348	13,607	......	13,607

20

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

[$ millions]

		This Month		Current Fiscal Year to Date			Prior Fiscal Year to Date
Classification	Gross	Applicable	Outlays	Gross	Applicable	Outlays	Gross	Applicable	Outlays
	Outlays	Receipts		Outlays	Receipts		Outlays	Receipts


International Assistance Programs: - Continued

Other	5	......	5	85	3	82	68	(**)	68
Proprietary Receipts from the Public	......	2,293	-2,293	......	19,404	-19,404	......	16,993	-16,993

Other	20	45	-25	74	119	-45	35	2	33
Total International Assistance Programs
--	3,785	2,343	1,442	26,770	19,768	7,002	23,904	17,480	6,424

National Aeronautics and Space Administration:
Science	485	......	485	2,695	......	2,695	2,520	......	2,520

Aeronautics	68	......	68	344	......	344	277	......	277
Exploration	364	......	364	1,957	......	1,957	1,775	......	1,775

Cross Agency Support	238	......	238	1,102	......	1,102	1,267	......	1,267
Space Operations	254	......	254	1,915	......	1,915	1,864	......	1,864

Other	81	......	81	666	......	666	562	......	562
Proprietary Receipts from the Public	......	1	-1	......	19	-19	......	1	-1

Intrabudgetary Transactions	(**)	......	(**)	(**)	......	(**)	-1	......	-1
--TotalNational Aeronautics and Space Administration	1,489	1	1,489	8,680	19	8,660	8,263	1	8,263

National Science Foundation:
Research and Related Activities	410	......	410	2,287	......	2,287	2,251	......	2,251

Education and Human Resources	83	......	83	396	......	396	400	......	400
Other	46	......	46	261	......	261	219	......	219

Proprietary Receipts from the Public	......	4	-4	......	9	-9	......	22	-22
--TotalNational Science Foundation	539	4	535	2,945	9	2,936	2,871	22	2,849

Office of Personnel Management:
Government Payment for Annuitants, Employees Health and

Life Insurance Benefits	979	......	979	5,330	......	5,330	5,465	......	5,465

Postal Service Retiree Health Benefits Fund	329	......	329	1,601	......	1,601	1,555	......	1,555
Civil Service Retirement and Disability Fund	7,535	......	7,535	37,786	......	37,786	36,624	......	36,624

Employees Life Insurance Fund	294	337	-43	1,302	1,604	-302	1,278	1,895	-617
Employees and Retired Employees Health Benefits Fund	4,887	4,587	300	24,436	23,574	862	23,149	23,265	-116

Other	-33	......	-33	2	......	2	182	......	182
Proprietary Receipts from the Public	......	(**)	(**)	......	1	-1	......	1	-1

Intrabudgetary Transactions:
Postal Service Contributions	-1	......	-1	-597	......	-597	-637	......	-637

Civil Service Retirement and Disability Fund:
Other	-3	......	-3	-16	......	-16	-17	......	-17

--TotalOffice of Personnel Management	13,986	4,924	9,062	69,844	25,178	44,666	67,599	25,162	42,438
Small Business Administration:


Salaries and Expenses	-97	......	-97	135	(**)	135	335	(**)	335
Business Loans Program	159	(**)	159	171	(**)	171	1	(**)	2

Disaster Loans Program	6	(**)	6	32	(**)	32	115	(**)	115
Other	37	1	36	124	8	116	100	8	92

Proprietary Receipts from the Public	......	2	-2	......	(**)	(**)	......	(**)	(**)
Intrabudgetary Transactions	(**)	......	(**)	(**)	......	(**)	(**)	......	(**)

--TotalSmall Business Administration	105	3	102	462	9	453	551	8	544
Social Security Administration:


Payments to Social Security Trust Funds	21	......	21	19,202	......	19,202	17,862	......	17,862
Supplemental Security Income Program	5,139	......	5,139	29,618	......	29,618	24,810	......	24,810

Federal Old-Age and Survivors Insurance Trust Fund
(Off-Budget):
Benefit Payments	78,203	......	78,203	385,088	......	385,088	362,088	......	362,088

Administrative Expenses	272	......	272	1,584	......	1,584	1,653	......	1,653
--TotalFederal Old-Age and Survivors Insurance Trust
Fund (Off-Budget)	78,476
		......	78,476	386,672	......	386,672	363,741	......	363,741

Federal Disability Insurance Trust Fund (Off-Budget):
Benefit Payments	12,212	......	12,212	59,989	......	59,989	59,747	......	59,747

Administrative Expenses	50	......	50	993	......	993	1,117	......	1,117
--TotalFederal Disability Insurance Trust Fund
(Off-Budget)	12,262
		......	12,262	60,982	......	60,982	60,864	......	60,864

Other	13	......	13	80	......	80	63	......	63
Proprietary Receipts from the Public:

On-Budget	......	239	-239	......	1,066	-1,066	......	1,083	-1,083
Off-Budget	......	17	-17	......	29	-29	......	19	-19

Intrabudgetary Transactions:
Off-Budget ²	-21	......	-21	-19,201	......	-19,201	-17,862	......	-17,862
--TotalSocial Security Administration	95,890	256	95,634	477,353	1,096	476,257	449,480	1,102	448,378

21

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

[$ millions]

		This Month		Current Fiscal Year to Date			Prior Fiscal Year to Date
Classification	Gross	Applicable	Outlays	Gross	Applicable	Outlays	Gross	Applicable	Outlays
	Outlays	Receipts		Outlays	Receipts		Outlays	Receipts


Independent Agencies:

Broadcasting Board of Governors	94	(**)	94	337	(**)	337	311	(**)	311
Bureau of Consumer Financial Protection	40	......	40	198	(**)	198	192	(**)	192

Corporation for National and Community Service	70	(**)	70	408	(**)	407	391	1	391
Corporation for Public Broadcasting	16	......	16	465	......	465	465	......	465

District of Columbia:
Courts	24	......	24	131	......	131	131	(**)	131

General and Special Payments	138	(**)	138	352	41	311	243	36	207
Equal Employment Opportunity Commission	30	(**)	30	175	1	175	160	1	159

Export-Import Bank of the United States	12	......	12	47	(**)	47	228	180	48
Federal Communications Commission:

Universal Service Fund	678	......	678	3,318	......	3,318	4,123	......	4,123
Other	191	2	188	809	13	796	251	10	241

Federal Deposit Insurance Corporation:
Deposit Insurance Fund	-631	......	-631	-863	......	-863	-2,938	......	-2,938

FSLIC Resolution Fund	(**)	1	-1	1	8	-7	(**)	8	-8
--TotalFederal Deposit Insurance Corporation	-631	1	-632	-862	8	-870	-2,938	8	-2,946

Federal Drug Control Programs	30	......	30	140	......	140	107	......	107
Federal Housing Finance Agency	23	......	23	123	......	123	110	......	110

Institute of Museum and Library Services	14	......	14	96	(**)	96	94	(**)	94
Intelligence Community Management Account	51	......	51	225	......	225	242	......	242

Legal Services Corporation	-2	......	-2	218	......	218	193	......	193
National Archives and Records Administration	39	9	30	189	15	174	162	7	155

National Credit Union Administration	112	584	-472	435	1,477	-1,043	392	700	-308
National Endowment for the Arts	8	(**)	8	64	1	63	61	(**)	60

National Endowment for the Humanities	10	(**)	10	57	(**)	57	55	1	54
National Labor Relations Board	21	(**)	21	115	(**)	115	111	(**)	111

Nuclear Regulatory Commission	65	44	21	386	364	22	375	374	2
Postal Service:

Off-Budget:
Public Enterprise Funds	5,390	5,480	-91	41,691	41,836	-144	43,413	43,611	-198

Other	......	......	......	267	......	267	98	......	98
Other	......	......	......	57	......	57	......	......	......

Railroad Retirement Board:
Federal Windfall Subsidy	1	......	1	6	......	6	7	......	7

Federal Payments to the Railroad Retirement Accounts	(**)	......	(**)	342	......	342	399	......	399
Railroad Unemployment Insurance Trust Fund:

Benefit Payments	12	......	12	60	......	60	39	......	39
Transfer To Administrative Funds	2	......	2	8	......	8	10	......	10

Rail Industry Pension Fund:
Benefit Payments	485	......	485	2,341	......	2,341	2,301	......	2,301

OASDI Certifications	(**)	......	(**)	(**)	......	(**)	(**)	......	(**)
Transfer to Administrative Funds	8	......	8	41	......	41	44	......	44

Other	16	......	16	32	......	32	(**)	......	(**)
National Railroad Retirement Investment Trust:

Administrative Expenses	1	......	1	25	......	25	26	......	26
Transfers to the Railroad Retirement Trust Funds from
the National Railroad Retirement Investment Trust	......	......	......	852	......	852	822	......	822

Railroad Social Security Equivalent Benefit Account:
Benefit Payments	662	......	662	3,170	......	3,170	3,058	......	3,058

Transfer To Administrative Funds	3	......	3	13	......	13	16	......	16
Other	-2	......	-2	-20	......	-20	-28	......	-28

Proprietary Receipts from the Public	......	-279	279	......	1,499	-1,499	......	-760	760
Intrabudgetary Transactions:

Other	(**)	......	(**)	-1,194	......	-1,194	-1,223	......	-1,223
--TotalRailroad Retirement Board	1,187	-279	1,466	5,674	1,499	4,176	5,472	-760	6,232

Securities and Exchange Commission	126	5	121	740	6	735	778	10	768
Smithsonian Institution	104	(**)	104	483	(**)	483	421	(**)	421

Tennessee Valley Authority	3,612	3,915	-302	23,572	24,301	-729	18,951	19,323	-373
Other	721	6	715	1,731	378	1,354	1,931	421	1,510

--TotalIndependent Agencies	12,173	9,769	2,403	81,642	69,940	11,702	76,520	63,923	12,597
Undistributed Offsetting Receipts:

22

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

[$ millions]

		This Month		Current Fiscal Year to Date			Prior Fiscal Year to Date
Classification	Gross	Applicable	Outlays	Gross	Applicable	Outlays	Gross	Applicable	Outlays
	Outlays	Receipts		Outlays	Receipts		Outlays	Receipts


Undistributed Offsetting Receipts: - Continued

Other Interest	(**)	......	(**)	(**)	(**)	-1	......	(**)	(**)
Employer Share, Employee Retirement:


Department of Health and Human Services:
Federal Hospital Insurance Trust Fund:

Federal Employer Contributions	-330	......	-330	-1,641	......	-1,641	-1,611	......	-1,611
Postal Service Employer Contributions	-53	......	-53	-279	......	-279	-267	......	-267

Department of State:
Foreign Service Retirement and Disability Fund	-29	......	-29	-156	......	-156	-147	......	-147

Other Defense Civil Programs:
Military Retirement Fund	-1,799	......	-1,799	-17,348	......	-17,348	-16,067	......	-16,067

Department of Defense Medicare-Eligible Retiree Health
Care Fund	......	......	......	-8,050	......	-8,050	-7,763	......	-7,763
Office of Personnel Management:

Civil Service Retirement and Disability Fund	-2,910	......	-2,910	-15,337	......	-15,337	-12,875	......	-12,875
Social Security Administration:

Federal Old-Age and Survivors Insurance Trust Fund:
Federal Employer Contributions	-1,383	......	-1,383	-6,358	......	-6,358	-6,007	......	-6,007

Federal Disability Insurance Trust Fund:
Federal Employer Contributions	-235	......	-235	-1,080	......	-1,080	-1,250	......	-1,250

Other	-1	......	-1	-2	......	-2	-2	......	-2
Total--Employer Share, Employee Retirement	-6,741	......	-6,741	-50,252	......	-50,252	-45,989	......	-45,989

Interest Received by Trust Funds:
Judicial Branch:

Judicial Survivors Annuity Fund	-5	......	-5	-9	......	-9	-4	......	-4
Department of Health and Human Services:

Federal Hospital Insurance Trust Fund	-14	......	-14	-3,021	......	-3,021	-3,430	......	-3,430
Federal Supplementary Medical Insurance Trust Fund	-15	......	-15	-1,191	......	-1,191	-1,287	......	-1,287

Department of Homeland Security:
Oil Spill Liability Trust Fund	-8	......	-8	-52	......	-52	-59	......	-59

Other	-4	......	-4	-21	......	-21	-16	......	-16
Department of Labor:

Unemployment Trust Fund	-8	......	-8	-1,030	......	-1,030	-847	......	-847
Department of State:

Foreign Service Retirement and Disability Fund	(**)	......	(**)	-267	......	-267	-276	......	-276
Department of Transportation:

Airport and Airway Trust Fund	-2	......	-2	-192	......	-192	-160	......	-160
Department of Veterans Affairs:

National Service Life Insurance Fund	(**)	......	(**)	-44	......	-44	-56	......	-56
United States Government Life Insurance Fund	(**)	......	(**)	(**)	......	(**)	(**)	......	(**)

Corps of Engineers	-18	......	-18	-80	......	-80	-90	......	-90
Other Defense Civil Programs:

Military Retirement Fund	-3,483	......	-3,483	-4,965	......	-4,965	-4,175	......	-4,175
Educational Benefits Fund	-10	......	-10	-8	......	-8	-3	......	-3

Armed Forces Retirement Home	(**)	......	(**)	-1	......	-1	-1	......	-1
Environmental Protection Agency	-2	......	-2	-10	......	-10	-56	......	-56

Office of Personnel Management:
Civil Service Retirement and Disability Fund	-11	......	-11	-12,689	......	-12,689	-12,931	......	-12,931

Social Security Administration:
Federal Old-Age and Survivors Insurance Trust Fund	-45	......	-45	-38,137	......	-38,137	-39,818	......	-39,818

Federal Disability Insurance Trust Fund	-8	......	-8	-1,414	......	-1,414	-1,393	......	-1,393
Independent Agencies:

Railroad Retirement Board	-3	......	-3	-35	......	-35	-20	......	-20
Other	-5	......	-5	-18	......	-18	-13	......	-13

Other	-86	......	-86	-325	......	-325	-462	......	-462
Total--Interest Received by Trust Funds	-3,729	......	-3,729	-63,508	......	-63,508	-65,096	......	-65,096

Rents and Royalties on the Outer Continental Shelf Lands	......	115	-115	......	2,003	-2,003	......	3,153	-3,153
Spectrum Auction Proceeds	......	......	......	......	......	......	-1,155	......	-1,155

--TotalUndistributed Offsetting Receipts	-10,470	115	-10,584	-113,760	2,003	-115,763	-112,240	3,154	-115,393
Total Outlays
	460,980	37,694	423,286	2,203,584	212,312	1,991,272	2,029,612	206,901	1,822,712

Total On-Budget	366,544	32,197	334,347	1,780,162	170,448	1,609,715	1,627,825	163,271	1,464,554
Total Off-Budget
	94,435	5,497	88,939	423,422	41,865	381,557	401,788	43,630	358,158

Total Surplus (+) or Deficit (-)			-235,335			-624,522			-544,229
Total On-Budget			-222,212			-619,619			-542,077
Total Off-Budget			-13,124			-4,902			-2,153

23

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

	[$ millions]
	MEMORANDUM
Receipts Offset Against Outlays (In Millions)
		Current	Comparable
		Fiscal Year to	Period Prior
		Date	Fiscal Year

Proprietary Receipts	96,129		98,335
Intrabudgetary Transactions	396,984		372,889

Governmental Receipts		5,978	6,713
Total Receipts Offset Against Outlays		499,090	477,937

1	Outlays increased by $2 million due to additional reporting for the month of	checks.
	January 2020.	Note: Details may not add to totals due to rounding.
2	Includes FICA and SECA tax credits, non-contributory military service credits,	... No Transactions
	special benefits for the aged and credit for the unnegotiated OASI benefit	(**) Less than absolute value of $500,000

24

Table 6. Means of Financing the Deficit or Disposition of Surplus by the U.S. Government, February 2020 and Other Periods

[$ millions]

		Net Transactions			Account Balances
Assets and Liabilities	(-) denotes net reduction of either
	liability or asset accounts				Current Fiscal Year
Directly Related to
Budget Off-Budget Activity	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

Intragovernmental Holdings

Total Treasury Securities Outstanding

Plus Premium on Treasury Securities

Less Discount on Treasury Securities

Total Treasury Securities Net of Premium and Discount

Agency Securities, Issued Under Special Financing Authorities (See Schedule B; for Other Agency Borrowing, See Schedule C)

Total Federal Securities

Deduct:

Federal Securities Held as Investments of Government Accounts (See Schedule D)

Less Discount on Federal Securities Held as Investments of Government Accounts

Net Federal Securities Held as Investments of Government Accounts

Total Borrowing from the Public

Accrued Interest Payable to the Public

Allocations of Special Drawing Rights

Uninvested Balances, Deposit Funds

200,415	603,958	489,744	16,809,091	17,212,634	17,413,049
-14,269	86,600	109,725	5,910,309	6,011,178	5,996,909

186,146	690,557	599,468	22,719,402	23,223,813	23,409,959

-265	-220	1,634	32,781	32,827	32,561
-335
	9,158	5,387	105,621	115,114	114,779
186,216	681,180	595,715	22,646,560	23,141,525	23,327,740


-325	-699	-322	21,455	21,080	20,755
185,891	680,481	595,394	22,668,015	23,162,605	23,348,496


-14,393	86,579	107,798	5,893,424	5,994,397	5,980,003

-165	-819	1,750	28,201	27,547	27,382
-14,228
	87,398	106,048	5,865,224	5,966,850	5,952,621

200,119	593,083	489,346	16,802,792	17,195,755	17,395,874
-18,729	-5,041	-19,539	73,285	86,973	68,244

-130	352	96	48,146	48,628	48,498
1,736	1,984	5,055	26,129	¹26,376	28,112

Miscellaneous Liability Accounts (Includes Checks Outstanding Etc.)	4,552	16,957	2,302	8,483	20,888	25,440
Total Liability Accounts
	187,549	607,334	477,259	16,958,835	17,378,621	17,566,169

Asset Accounts (Deduct)
Cash and Monetary Assets:

U.S. Treasury Operating Cash:
Federal Reserve Account ²	-46,732	-25,232	-94,048	382,483	403,983	357,251
Balance	-46,732	-25,232	-94,048	382,483	403,983	357,251
Special Drawing Rights:


Total Holdings	-86	471	204	49,976	50,533	50,447
SDR Certificates Issued to Federal Reserve Banks	......	......	......	-5,200	-5,200	-5,200

Balance	-86	471	204	44,776	45,333	45,247
Reserve Position on the U.S. Quota in the IMF:


U.S. Subscription to International Monetary Fund:
Direct Quota Payments	......	......	......	111,629	111,629	111,629

Maintenance of Value Adjustments	-305	828	226	1,517	2,650	2,345
Letter of Credit Issued to IMF	-122	219	3,580	-91,228	-90,887	-91,009

Dollar Deposits with the IMF	-7	-30	-11	-304	-328	-334
Receivable/Payable (-) for Interim Maintenance of Value
Adjustments	242	-661	-166	1,341	438	680

Balance	-191	356	3,630	22,955	23,502	23,311
Loans to International Monetary Fund
	-51	-249	-1,645	2,759	2,561	2,510

Other Cash and Monetary Assets	-25	-219	-109	26,541	26,347	26,322
Total Cash and Monetary Assets
	-47,085	-24,874	-91,968	479,515	501,726	454,641

Non-Federal Securities of the National Railroad Retirement
Investment Trust	-270	701	-1,398	24,058	25,029	24,759
Net Activity, Guaranteed Loan Financing (See Schedule E)	(**)	-474	3,542	32,488	32,014	32,014

Net Activity, Direct Loan Financing (See Schedule E)	-109	7,519	22,734	1,414,936	1,422,564	1,422,455
Miscellaneous Asset Accounts	-392	80	39	-961	-489	-881

Total Asset Accounts	-47,855	-17,048	-67,050	1,950,036	1,980,843	1,932,988
Excess of Liabilities (+) or Assets (-)
	235,403	624,382	544,310	15,008,798	15,397,778	15,633,181

Transactions Not Applied to Current Year's Surplus or Deficit (See
Schedule A for Details)	-68	139	-80	......	207	139
Total Budget and Off-Budget Federal Entities (Financing of Deficit (+)


or Disposition of Surplus (-))	235,335	624,522	544,229	15,008,798	15,397,985	15,633,320

1 The balance increased by $2 million due to additional reporting by the Department of the Interior for January 2020.

2 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.

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

... No Transactions

(**) Less than absolute value of $500,000

25

Table 6. Schedule A-Analysis of Change in Excess of Liabilities of the U.S. Government, February 2020 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	15,397,776	15,008,728	14,164,924
Adjustments During Current Fiscal Year for Changes in Composition of
Unified Budget:

Revisions by Federal Agencies to the Prior Budget Results	2	......	-140,646
Excess of Liabilities Beginning of Period (Current Basis)	15,397,778	15,008,728	14,024,278

Budget Surplus (-) or Deficit:
Based on Composition of Unified Budget in Prior Fiscal Year	235,335	624,522	544,229

Total Surplus (-) or Deficit (Table 2)	235,335	624,522	544,229
Total-On-Budget (Table 2)
	222,212	619,619	542,077

Total-Off-Budget (Table 2)	13,124	4,902	2,153
Transactions Not Applied to Current Year's Surplus or Deficit:


Premium/Discount on Buyback of U.S. Treasury Securities	......	(**)	-2
Other	68	-139	82

Total-Transactions Not Applied to Current Year's Surplus or Deficit	68	-139	80
Excess of Liabilities Close of Period
	15,633,181	15,633,181	14,568,587

Note: Details may not add to totals due to rounding.	(**) Less than absolute value of $500,000
... No Transactions

Table 6. Schedule B-Securities Issued by Federal Agencies Under Special Financing Authorities, February 2020 and Other Periods

[$ millions]

Classification

	Net Transactions			Account Balances
(-) denotes net reduction of
	liability accounts			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	-8	-6	-6	69	71	63

Independent Agencies:
Federal Communications Commission	......	......	......	(**)	(**)	(**)

National Archives and Records Administration	......	......	-13	(**)	(**)	(**)
Tennessee Valley Authority	-317	-693	-303	21,367	20,991	20,674

Total Agency Securities	-325	-699	-322	21,455	21,080	20,755

Note: Details may not add to totals due to rounding.	(**) Less than absolute value of $500,000
... No Transactions

26

Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Treasury Securities, February 2020 and Other Periods

[$ millions]

		Transactions		Account Balances
Classification				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 US Treasury:

Department of Agriculture:
Farm Service Agency:

Commodity Credit Corporation	3,438	-3,725	9,526	24,862	17,699	21,137
Agricultural Credit Insurance Fund	244	1,114	701	13,084	13,954	14,198

Farm Storage Facility Loans	......	120	125	1,067	1,187	1,187
Apple Loans Fund	......	......	......	(**)	(**)	(**)

Emergency Boll Weevil Loan Fund	......	-1	-1	4	3	3
Rural Housing Service:

Rural Housing Insurance	84	458	347	18,783	19,157	19,241
Rural Community Facility Loans Fund	129	570	752	10,368	10,808	10,938

Multifamily Housing Revitalization Loan Account	11	32	24	454	474	485
Rural Business - Cooperative Service:

Rural Business and Industry Loans	......	......	......	88	88	88
Rural Development Loan Fund	1	5	4	304	308	309

Rural Economic Development Loan Fund	(**)	9	22	221	230	231
Renewable Energy Guaranteed Loan Account	......	......	......	1	1	1

Rural Microenterprise Investment Loans	(**)	1	1	44	44	44
Biorefinery Assistance Loan Account	......	......	......	2	2	2

Rural Utilities Service:
Rural Water and Waste Disposal Fund	23	413	344	13,270	13,660	13,683

Rural Electrification and Telecommunications Fund	28	107	343	6,865	6,944	6,971
Rural Telephone Bank	......	......	......	118	118	118

Distance Learning and Telemedicine Program	......	3	4	788	791	791
Foreign Agricultural Service	......	......	......	432	432	432

Department of Commerce:
National Oceanic and Atmospheric Administration:

Fisheries Finance	1	11	4	395	405	406
Department of Defense--Military Programs:

Family Housing Improvement Loans	......	......	25	1,714	1,714	1,714
Department of Education:

College Housing and Academic Facilities Loans	......	(**)	......	16	16	16
Federal Direct Student Loans	......	63,676	77,843	1,211,865	1,275,541	1,275,541

Teach Grant Loans	......	37	35	651	688	688
Temporary Student Loan Purchase Authority	......	-395	-872	39,713	39,317	39,317

Federal Family Education Loans	......	......	......	35,265	35,265	35,265
Department of Energy:

Bonneville Power Administration Fund	......	250	-232	5,280	5,530	5,530
Western Area Power Administration - Recovery Act	......	......	......	76	76	76

Title 17 Innovative Technology Loans	......	33	5	748	782	782
Department of Health and Human Services:

Consumer Operated and Oriented Plan	......	......	......	149	149	149
Consumer Operated and Oriented Plan Program Contingency Fund	......	......	......	58	58	58

Department of Homeland Security:
National Flood Insurance Fund	......	......	......	20,525	20,525	20,525

Disaster Assistance Loan Fund	(**)	1	2	71	72	72
Department of Housing and Urban Development:

Public and Indian Housing Programs:
Low-Rent Public Housing - Loans and Other Expenses	......	......	......	12	12	12

Native Hawaiian Housing Loans	......	1	(**)	2	3	3
Housing Programs:

Federal Housing Administration	......	......	25	30,386	30,386	30,386
Green Retrofit Program for Multifamily Housing-Recovery Act	......	......	......	10	10	10

Department of the Interior:
Bureau of Indian Affairs and Bureau of Indian Education	......	......	......	5	5	5

Bureau of Reclamation Loan Fund	......	......	......	29	29	29
Assistance to American Samoa Loan Fund	......	(**)	(**)	8	8	8

Department of Labor:
Black Lung Disability Trust Fund	......	110	......	4,419	4,529	4,529

Department of State:
Repatriation Loans	......	2	(**)	3	5	5

27

Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Treasury Securities, February 2020 and Other Periods - Continued

[$ millions]

		Transactions		Account Balances
Classification				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 US Treasury: - Continued

Department of Transportation:
Federal Highway Administration:

Transportation Infrastructure Finance and Innovation Fund	66	763	762	19,445	20,141	20,207
Federal Railroad Administration:

Railroad Rehabilitation and Improvement Loan Fund	......	(**)	9	1,187	1,187	1,187
Other	......	......	......	(**)	(**)	(**)

Maritime Administration:
Maritime Guaranteed Loan (Title XI) Fund	......	......	2	125	125	125

Department of the Treasury:
Departmental Offices:

Community Development Financial Institutions Fund	1	2	5	96	97	98
Temporary Credit and Liquidity Program	......	......	......	3,709	3,709	3,709

Troubled Asset Relief Program	-2	-2	-20	35	35	32
Small Business Lending Financing Fund	......	......	......	153	153	153

Federal Financing Bank Revolving Fund	470	1,919	-110	63,751	65,200	65,670
Department of Veterans Affairs:

Veterans Housing Benefit Program Fund	......	50	104	492	542	542
Native American Veteran Housing Fund	......	4	3	73	77	77

Vocational Rehabilitation Loan Fund	......	2	2	1	3	3
Corps of Engineers:

Washington Aqueduct	......	(**)	(**)	(**)	(**)	(**)
Environmental Protection Agency:

Water Infrastructure Finance and Innovation Loan Program	......	164	......	(**)	164	164
International Assistance Programs:

International Security Assistance:
Foreign Military Loan Program	......	......	......	3,066	3,066	3,066

Military Debt Reduction	......	......	......	48	48	48
Agency for International Development:

Development Credit Authority Loan Fund	......	......	......	8	8	8
Overseas Private Investment Corporation	-4,068	-3,829	333	3,829	4,068	......

United States International Development Finance Corporation	4,091	4,165	......	......	74	4,165
Small Business Administration:

Business Loan Fund	......	-1	2	2,220	2,219	2,219
Disaster Loan Fund	......	-475	1,389	9,590	9,115	9,115

Independent Agencies:
Export-Import Bank of the United States	......	......	45	16,946	16,946	16,946

Presidio Trust	......	......	......	38	38	38
Railroad Retirement Board:

Social Security Equivalent Benefit Account	280	1,800	1,743	3,934	5,454	5,734
Smithsonian Institution:

John F. Kennedy Center Parking Facilities	......	......	......	20	20	20
Total Borrowing from the US Treasury	4,797	67,391	93,296	1,570,919	1,633,513	1,638,310

Borrowing from the Federal Financing Bank:
Department of Agriculture:

Rural Utilities Service:
Rural Electrification and Telecommunications Fund	373	462	1,217	46,289	46,377	46,751

Department of Education:
Historically Black College and University Capital Financing
Fund	4	15	-14	1,479	1,491	1,495

Department of Energy:
Advanced Technology Vehicles Manufacturing Loans	......	-148	-148	1,618	1,470	1,470

Title 17 Innovative Technology Loans	-38	797	148	12,804	13,639	13,601
Department of Health and Human Services:

Health Maintenance Organization Loan and Loan Guarantee Fund	......	......	......	(**)	(**)	(**)
Department of Housing and Urban Development:

Housing Programs:
Federal Housing Administration	27	286	150	1,969	2,229	2,256

Department of the Treasury:
Departmental Offices:

Community Development Financial Institutions Fund	10	31	169	1,017	1,038	1,048
Department of Veterans Affairs:

Guaranteed Transitional Housing Loans for Homeless Veterans	......	(**)	(**)	4	4	4
Independent Agencies:

Postal Service	......	......	-2,200	11,000	11,000	11,000
Total Borrowing from the Federal Financing Bank	376	1,444	-677	76,180	77,249	77,624

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

Note: This table includes lending by the Federal Financing Bank accomplished by the purchase of agency financial assets, by the acquisition of agency debt securities, and by direct loans on behalf of an agency. The Federal Financing Bank borrows from Treasury and issues its own securities and in turn may loan

these funds to agencies in lieu of agencies borrowing directly through Treasury

or issuing their own securities.

... No Transactions

28. (**) Less than absolute value of $500,000

Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities, February 2020 and Other Periods

[$ 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	......	(**)	-12	226	226	226
Department of Commerce	......	2	......	......	2	2

Department of Defense--Military Programs:
Defense Cooperation Account	......	......	(**)	8	8	8

Department of Energy	7	117	-130	55,848	55,958	55,964
Department of Health and Human Services	......	11,006	10,236	......	11,006	11,006

Department of Homeland Security	......	208	70	1,525	1,734	1,734
Department of Housing and Urban Development:

Housing Programs:
Federal Housing Administration Fund	878	3,297	2,116	50,601	53,019	53,898

Government National Mortgage Association:
Guarantees of Mortgage-Backed Securities	20	107	-292	15,784	15,871	15,890

Department of the Interior	284	221	151	9,921	9,858	10,142
Department of Justice	1	7	-1,059	1,040	1,045	1,046

Department of Labor	-397	3,183	2,535	37,020	40,600	40,203
Department of State:

Foreign Service Retirement and Disability Fund	2	5	3	23	26	28
Other	......	(**)	(**)	15	15	15

Department of Transportation	......	-1	30	2,343	2,342	2,342
Department of the Treasury	60	151	165	23,842	23,933	23,993

Department of Veterans Affairs:
Veterans Reopened Insurance Fund	-2	-6	-6	84	79	77

Servicemen'S Group Life Insurance Fund	150	453	(**)	301	604	754
Other Defense Civil Programs:

Uniformed Services Retiree Health Care Fund	103	16,176	12,108	254,176	270,249	270,352
Office of Personnel Management:

Postal Service Contributions	-327	-1,005	-918	44,611	43,933	43,606
Independent Agencies:

Federal Deposit Insurance Corporation:
Deposit Insurance Fund	631	758	3,122	104,015	104,142	104,773

FSLIC Resolution Fund	1	8	8	872	880	881
Federal Housing Finance Agency	-19	37	30	71	127	108

National Credit Union Administration	469	1,039	322	15,736	16,306	16,775
Postal Service	127	-77	-2,032	9,341	9,137	9,264

Tennessee Valley Authority	-25	-25	(**)	25	25	......
Other

Treasury Securities	56	-174	151	11,501	11,271	11,327
Other	-33	261	-224	8,581	8,875	8,842

Total Treasury Securities	1,986	35,748	26,374	647,510	681,273	683,259
Total Federal Funds
	1,986	35,748	26,374	647,510	681,273	683,259

Trust Funds:
Legislative Branch:

Library of Congress	(**)	-1	-1	23	23	22
United States Tax Court	(**)	(**)	(**)	13	13	13

Other	(**)	4	2	29	33	33
Judicial Branch:

Judicial Retirement Funds	3	205	30	1,304	1,506	1,509
Department of Agriculture	......	......	......	6	6	6

Department of Commerce	-750	-727	1,247	7,561	7,584	6,834
Department of Defense--Military Programs:

Voluntary Separation Incentive Fund	1	2	-2	89	90	91
Other	-22	1	245	1,735	1,758	1,736

Department of Health and Human Services:
Federal Supplementary Medical Insurance Trust Fund	6,587	-9,076	12,575	104,716	89,053	95,640

Other	-5,314	-15,543	-3,154	202,509	192,280	186,966
Department of Homeland Security	46	7	285	8,853	8,814	8,860

Department of the Interior	9	4	-12	36	31	40
Department of Labor:

Unemployment Trust Fund	1,060	-1,564	-1,586	84,361	81,737	82,797
Other	26	1	-18	64	39	65

Department of State:
Foreign Service Retirement and Disability Fund	-51	312	93	19,318	19,681	19,630

29

Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities, February 2020 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

Other	(**)	-1	-3	46	45	45
Department of Transportation:

Airport and Airway Trust Fund	423	778	1,007	15,018	15,374	15,796
Highway Trust Fund	-334	-3,438	-3,476	28,192	25,088	24,754

Department of the Treasury	-84	-465	-420	3,578	3,197	3,113
Department of Veterans Affairs:

General Post Fund, National Homes	......	-12	9	119	107	107
National Service Life Insurance	-44	-198	-219	2,456	2,302	2,258

United States Government Life Insurance Fund	(**)	(**)	(**)	2	2	2
Veterans Special Life Insurance Fund	-17	-54	-41	1,357	1,320	1,303

Corps of Engineers	-315	240	930	9,454	10,010	9,695
Other Defense Civil Programs:

Military Retirement Fund	28	92,808	84,001	827,414	920,193	920,221
Other	-3	-34	-47	1,158	1,126	1,123

Environmental Protection Agency	554	644	275	6,024	6,114	6,669
National Aeronautics and Space Administration	(**)	-1	-1	16	16	15

Office of Personnel Management:
Civil Service Retirement and Disability Fund

Treasury Securities	-4,215	-7,623	-8,867	939,703	936,294	932,079
Employees Life Insurance Fund	15	274	914	48,199	48,457	48,472

Employees and Retired Employees Health Benefits Fund	-339	-904	279	27,802	27,237	26,899
Social Security Administration:

Federal Old-Age and Survivors Insurance Trust Fund	-12,119	-1,798	-6,506	2,804,396	2,814,717	2,802,598
Federal Disability Insurance Trust Fund	-984	-2,937	4,093	96,520	94,566	93,582

Independent Agencies:
Harry S Truman Scholarship Foundation	......	-5	-1	51	46	46

Japan-United States Friendship Commission	......	......	-1	35	35	35
Railroad Retirement Board

Treasury Securities	-315	-303	-62	2,606	2,618	2,303
Other

Treasury Securities	-225	237	-145	1,149	1,611	1,386
Total Treasury Securities	-16,379	50,831	81,424	5,245,914	5,313,124	5,296,745

Total Trust Funds	-16,379	50,831	81,424	5,245,914	5,313,124	5,296,745
Grand Total
	-14,393	86,579	107,798	5,893,424	5,994,397	5,980,003


Note: Details may not add to totals due to rounding.	... No Transactions
Note: Investments are in Treasury securities unless otherwise noted.	(**) Less than absolute value of $500,000

30

Table 6. Schedule E-Net Activity, Guaranteed and Direct Loan Financing, February 2020 and Other Periods

[$ millions]

Classification

	Net Transactions			Account Balances
(-) denotes net reduction of
				Current Fiscal Year
	asset accounts

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	(**)	-32	-20	183	151	150
Agricultural Credit Insurance Fund	1	4	3	-207	-204	-203

Natural Resources Conservation Service:
Agricultural Resource Conservation Demonstration Program	......	......	......	(**)	(**)	(**)

Rural Housing Service:
Rural Community Facility Loans	(**)	1	-2	-42	-40	-41

Rural Housing Insurance Fund	22	3	10	851	832	854
Rural Business - Cooperative Service:

Rural Business and Industry Loans	-10	-27	-24	-157	-173	-183
Renewable Energy Guaranteed Loan Account	-4	-5	-6	-50	-51	-55

Biorefinery Assistance Loan Account	-1	-1	-4	-47	-47	-49
Rural Utilities Service:

Rural Water and Waste Disposal Fund	......	(**)	(**)	-25	-25	-25
Department of Commerce:

General Administration:
Emergency Oil, Gas, and Steel Account	......	......	......	5	5	5

Department of Defense--Military Programs	......	......	......	-60	-60	-60
Department of Education:

Office of Student Financial Assistance:
Federal Family Education Loans	-276	-860	-417	23,825	23,241	22,965

Department of Energy:
Title 17 Innovative Technology Loans	......	-4	......	-126	-130	-130

Department of Health and Human Services:
Health Resources and Services Administration:

Health Center Loans	......	......	......	-1	-1	-1
Health Education Assitance Loans	......	......	......	-70	-70	-70

Department of Housing and Urban Development:
Public and Indian Housing Programs:

Indian Housing Loans	-1	-2	-4	-135	-136	-137
Native Hawaiian Housing Loans	(**)	(**)	-1	-1	-1	-1

Community Planning and Development:
Community Development Loans	(**)	(**)	(**)	-14	-14	-14

Housing Programs:
FHA-Mutual Mortgage Insurance Loans	130	876	3,255	19,700	20,446	20,575

FHA-General and Special Risk Fund	67	605	887	-2,389	-1,852	-1,785
Home Ownership Preservation Entity Fund	(**)	(**)	(**)	-17	-17	-17

Government National Mortgage Association:
Guarantees of Mortgage-Backed Securities	-156	-752	-730	6,253	5,656	5,500

Department of the Interior:
Bureau of Indian Affairs and Bureau of Indian Education	(**)	-2	-5	-46	-48	-48

Department of Transportation:
Office of the Secretary:

Minority Business Resource Center Fund	......	......	......	(**)	(**)	(**)
Federal Highway Administration:

Transportation Infrastructure Finance and Innovation Fund	......	......	......	(**)	(**)	(**)
Maritime Administration:

Maritime Guaranteed Loan (Title XI) Fund	(**)	1	-28	-51	-49	-49
Department of the Treasury:

Departmental Offices:
Air Transportation Stabilization Fund	......	......	......	(**)	(**)	(**)

Troubled Assets Insurance Financing Fund	......	......	......	(**)	(**)	(**)
Troubled Asset Relief Program	......	(**)	(**)	-2	-2	-2

Department of Veterans Affairs:
Veterans Benefits Administration:

Veterans Housing Benefit Program Fund	231	-117	-290	-9,169	-9,516	-9,285
International Assistance Programs:

Agency for International Development:

31

Table 6. Schedule E-Net Activity, Guaranteed and Direct Loan Financing, February 2020 and Other Periods - Continued

[$ millions]

Classification

	Net Transactions			Account Balances
(-) denotes net reduction of
				Current Fiscal Year
	asset accounts

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
Ukraine Export Credit Insurance Fund	......	......	......	-1,098	-1,098	-1,098

Loan Guarantees to Israel	......	......	......	-1,178	-1,178	-1,178
Urban and Environmental Credit Guaranteed Loans	......	2	2	-39	-38	-38

Microenterprise and Small Enterprise Development	......	......	......	(**)	(**)	(**)
Development Credit Authority Loan Fund	-1	2	(**)	-101	-99	-99

Tunisia Loan Fund	......	......	......	-1,325	-1,325	-1,325
Overseas Private Investment Corporation	......	23	22	255	278	278

United States International Development Finance Corporation	-3	-2	......	......	1	-2
Small Business Administration:

Business Loan Fund	6	-172	-305	-1,662	-1,840	-1,834
Independent Agencies:

Export-Import Bank of the United States	-4	-15	1,199	-568	-579	-583
Net Activity, Guaranteed Loan Financing	()**	-474	3,542	32,488	32,014	32,014

Direct Loan Financing Activity:
Department of Agriculture:

Farm Service Agency:
Agricultural Credit Insurance Fund	67	66	-226	11,550	11,549	11,616

Farm Storage Facility Loans	4	37	47	819	853	857
Apple Loans Fund	......	......	......	(**)	(**)	(**)

Emergency Boll Weevil Loan Fund	......	-2	-1	3	2	2
Rural Housing Service:

Rural Community Facility Loans Fund	71	277	511	9,512	9,718	9,790
Rural Housing Insurance Fund	-54	-236	-215	15,735	15,553	15,498

Multifamily Housing Revitalization Loan Account	5	15	8	416	426	431
Rural Business - Cooperative Service:

Rural Business and Industry Loan Fund	(**)	(**)	(**)	(**)	-1	-1
Rural Development Loan Fund	-1	-11	-9	280	271	270

Rural Economic Development Loan Fund	-4	-7	7	185	182	178
Rural Microenterprise Investment Loans	(**)	-1	(**)	40	39	39

Rural Utilities Service:
Rural Water and Waste Disposal Loans	-34	-104	13	11,857	11,787	11,753

Rural Electrification and Telecommunications Fund	483	295	1,239	48,284	48,096	48,578
Rural Telephone Bank	-1	-9	-8	92	84	83

Distance Learning and Telemedicine Program	-6	-31	-34	560	535	529
Rural Development Insurance Fund	......	......	......	1,065	1,065	1,065

Foreign Agricultural Service:
P.L. 480 Direct Loan Fund	-3	-53	-53	407	357	354

International Debt Reduction	......	-4	-4	-62	-66	-66
Department of Commerce:

National Oceanic and Atmospheric Administration:
Fisheries Finance	-3	-8	-15	395	391	387

Department of Defense--Military Programs	-7	-37	-10	1,714	1,684	1,677
Department of Education:

Office of Postsecondary Education:
College Housing and Academic Facilities Loans	(**)	(**)	(**)	3	3	3

Historically Black College and University Capital Financing
Fund	3	14	10	1,320	1,331	1,334
Office of Student Financial Assistance:

Federal Direct Student Loans	1,219	15,642	25,849	1,177,207	1,191,631	1,192,849
Teach Grant Loans	4	11	8	616	623	627

Temporary Student Loan Purchase Authority	-514	-2,446	-2,787	58,858	56,927	56,413
Department of Energy:

Advanced Technology Vehicles Manufacturing Loans	......	-148	-148	1,548	1,400	1,400
Title 17 Innovative Technology Loans	-38	832	151	12,737	13,607	13,569

Department of Health and Human Services:
Consumer Operated and Oriented Plan	-1	-9	-8	126	119	117

Consumer Operated and Oriented Plan Program Contingency Fund	(**)	(**)	-1	55	55	55
Department of Homeland Security:

Disaster Assistance Loan Fund	-1	-4	1	34	31	30
Department of Housing and Urban Development:

32

Table 6. Schedule E-Net Activity, Guaranteed and Direct Loan Financing, February 2020 and Other Periods - Continued

[$ millions]

Classification

	Net Transactions			Account Balances
(-) denotes net reduction of
				Current Fiscal Year
	asset accounts

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

Housing Programs:
Emergency Homeowners' Relief Fund	(**)	(**)	(**)	-1	-1	-1

FHA-Mutual Mortgage Insurance Loans	......	......	......	(**)	(**)	(**)
FHA-General and Special Risk Fund	28	311	171	2,077	2,359	2,388

Green Retrofit Program for Multifamily Housing Fund	......	-3	(**)	8	5	5
Department of the Interior:

Bureau of Reclamation	......	......	......	30	30	30
Bureau of Indian Affairs and Bureau of Indian Education	(**)	(**)	(**)	2	2	2

Assistance to American Samoa Loan Fund	......	......	......	8	8	8
Department of State:

Administration of Foreign Affairs:
Repatriation Loans	(**)	(**)	(**)	1	1	1

Department of Transportation:
Federal Highway Administration:

Transportation Infrastructure Finance and Innovation Fund	-896	-4,054	219	19,332	16,174	15,279
Tiger Tifia Loan Fund	......	-1	-1	58	58	58

Federal Railroad Administration:
Railroad Rehabilitation and Improvement Loan Fund	......	-36	-3	1,070	1,035	1,035

Department of the Treasury:
Departmental Offices:

Community Development Financial Institutions Fund	11	29	170	1,110	1,128	1,138
GSE Mortgage-Backed Securities Purchase Program	......	......	......	4,613	4,613	4,613

Temporary Credit and Liquidity Program	-23	-724	-239	3,644	2,944	2,920
Troubled Asset Relief Program	-2	-3	-16	-43	-44	-46

Small Business Lending Program	......	-3	-15	53	50	50
Bureau of the Fiscal Service	......	......	......	(**)	(**)	(**)

Department of Veterans Affairs:
Veterans Benefits Administration:

Veterans Housing Benefit Program Fund	1	2	-13	389	390	391
Native American Veteran Housing Fund	(**)	(**)	(**)	68	68	68

Transitional Housing Loans	......	(**)	(**)	(**)	(**)	(**)
Vocational Rehabilitation Loan Fund	(**)	(**)	(**)	(**)	(**)	(**)

Environmental Protection Agency:
Water Infrastructure Finance and Innovation Loan Program	......	163	......	(**)	163	163

International Assistance Programs:
International Security Assistance:

Foreign Military Loan Program	-309	-405	437	2,432	2,336	2,028
Military Debt Reduction	......	......	......	36	36	36

Agency for International Development:
International Debt Reduction	......	-26	-26	-146	-172	-172

Overseas Private Investment Corporation	(**)	42	67	2,860	2,902	2,902
International Monetary Programs	......	......	......	-278	-278	-278

United States International Development Finance Corporation	-9	-101	......	......	-93	-101
Small Business Administration:

Business Loan Fund	-1	-1	-5	172	173	172
Disaster Loan Fund	-60	-277	414	8,252	8,036	7,976

Independent Agencies:
Export-Import Bank of the United States	-35	-1,476	-2,753	13,831	12,391	12,356

Federal Communications Commission:
Spectrum Auction Loan Fund	......	......	(**)	(**)	(**)	(**)

Net Activity, Direct Loan Financing	-109	7,519	22,734	1,414,936	1,422,564	1,422,455

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

Note: Federal credit programs provide benefits to the public in the form of direct loans and loan guarantees. This table reflects cash transactions and balances of the nonbudgetary financing fund accounts that result from the disbursement of loans, collection of fees, repayment of principal, sale of collateral, interest, and subsidy received from the credit program accounts at

net present value in accordance with the Credit Reform Act of 1990. Unreimbursed costs such as administrative expenses and subsidy payments are reported on a cash basis and included within each program's budgetary totals in Table 5. ... No Transactions

(**) Less than absolute value of $500,000

33

This Page Intentionally Left Blank

34

Table 7. Receipts and Outlays of the U.S. Government by Month, Fiscal Year 2020

[$ millions]

													Fiscal	Com-
Classification	Oct.	Nov.	Dec.	Jan.	Feb.	March	April	May	June	July	Aug.	Sept.		parable
													Year to	Period
													Date	Prior F.Y.

Receipts:

Individual Income Taxes	126,389	105,764	152,706	216,660	69,626								671,144	626,592
Corporation Income Taxes	6,571	532	58,311	10,492	-2,041								73,864	59,194
Social Insurance and Retirement Receipts:
Employment and General Retirement	86,671	93,654	102,399	117,604	97,239								497,567	471,111
Unemployment Insurance	2,757	2,596	248	3,019	2,279								10,899	11,342

Other Retirement	389	486	449	422	400

Excise Taxes	6,037	7,513	7,017	6,308	6,685
Estate and Gift Taxes	1,691	1,239	1,698	2,361	1,584

Customs Duties	7,757	6,940	6,449	6,918	6,286
Miscellaneous Receipts	7,260	6,461	6,529	8,506	5,892

Total--Receipts This Year	245,521	225,185	335,805	372,288	187,951
(On-Budget)
	181,095	155,648	259,671	281,546	112,136

(Off-Budget)	64,426	69,537	76,135	90,742	75,815
Total--Receipts Prior Year
	252,692	205,961	312,584	339,980	167,265

(On-Budget)	190,915	139,336	242,999	253,837	95,390
(Off-Budget)
	61,777	66,625	69,585	86,143	71,875

Outlays:
Legislative Branch	504	303	586	460	385

Judicial Branch	713	776	677	689	631
Department of Agriculture:

Commodity Credit Corporation	5,774	6,662	3,145	845	3,172
Foreign Agricultural Service	297	147	154	170	221

Other	13,022	11,759	11,763	10,210	10,079
Department of Commerce	963	2,359	1,291	1,012	993

Department of Defense--Military Programs:
Military Personnel	28,921	14,024	12,271	11,838	12,061

Operation and Maintenance	21,805	21,315	23,294	23,443	21,683
International Reconstruction and Other
Assistance	......	......	......	......	2

Procurement	8,404	14,858	13,029	8,838	10,928
Research, Development, Test, and Evaluation	7,690	7,430	9,703	5,952	6,659

Military Construction	862	583	668	521	611
Family Housing	84	67	97	79	97

Revolving and Management Funds	258	1,241	981	-92	551
Other	209	556	-1,000	-224	30

Total Department of Defense--Military Programs	68,233	60,073	59,042	50,354	52,622
Department of Education
	8,094	4,772	4,785	9,839	9,295

Department of Energy	3,109	2,639	2,226	2,830	2,348
Department of Health and Human Services:

National Institutes of Health	3,179	3,110	3,002	2,932	3,059
Centers for Medicare and Medicaid Services:

Grants to States for Medicaid	34,777	33,243	32,932	34,760	37,235
Federal Hospital Insurance Trust Fund	27,210	35,953	18,135	39,218	27,307

Federal Supplementary Medical Insurance
Trust Fund	38,895	57,493	19,585	59,190	35,558
Other	34,196	30,045	30,051	38,169	31,681

Administration for Children and Families	4,848	5,527	4,594	4,908	4,637
Other	-37,714 -33,291 -36,428 -44,759 -37,500

Department of Homeland Security	4,884	5,053	5,450	4,563	4,299
Department of Housing and Urban Development	3,836	3,798	4,056	3,667	3,753

Department of the Interior	1,251	900	1,467	1,255	913
Department of Justice	3,135	2,778	3,024	3,671	364

Department of Labor:
Unemployment Trust Fund	2,285	2,079	2,941	3,407	3,090

Other	-5,653	1,278	2,206	1,475	265
Department of State	2,251	3,377	2,733	2,411	2,213

Department of Transportation:
Highway Trust Fund	4,742	3,683	3,153	2,528	2,998

Other	2,728	2,810	3,380	2,915	4,007
Department of the Treasury:

Interest on Treasury Debt Securities (Gross)	30,319	35,643	94,225	33,903	34,891

2,146	1,952
33,559	41,558
8,572	7,355
34,351	29,531
34,648	29,846
1,366,750	......
990,095	......
376,655	......
...... 1,278,482
......	922,477
......	356,005
2,239	2,067
3,487	3,335
19,598	18,228
990	837
56,833	56,031
6,618	5,134
79,115	71,470
111,539	106,883
2	6
56,057	48,372
37,433	36,403
3,245	2,956
423	414
2,938	3,675
-429	-50
290,323	270,130
36,785	34,633
13,152	11,388
15,283	14,589
172,946	163,193
147,824	129,819
210,721	177,511
164,142	155,110
24,513	22,598
-189,693	-179,554
24,248	24,663
19,110	19,058
5,786	5,755
12,973	14,436
13,802	13,933
-429	529
12,986	11,385
17,105	16,139
15,840	14,013
228,982	220,749

35

Table 7. Receipts and Outlays of the U.S. Government by Month, Fiscal Year 2020 - Continued

[$ millions]

													Fiscal	Com-
Classification	Oct.	Nov.	Dec.	Jan.	Feb.	March	April	May	June	July	Aug.	Sept.		parable
													Year to	Period
													Date	Prior F.Y.


Outlays: - Continued
Other	8,903	6,937	9,272	6,375	60,060								91,547	74,195
Department of Veterans Affairs:
Compensation and Pensions	8,604	16,622	8,841	8,955	9,627								52,649	40,148
National Service Life	54	49	37	63	43								247	272
Other	8,937	10,481	8,136	8,964	8,128								44,646	42,830

Corps of Engineers	710	684	785	731	663								3,573	2,877
Other Defense Civil Programs	5,354	10,121	5,360	6,191	5,026								32,052	26,993

Environmental Protection Agency	831	829	777	826	707								3,970	3,835
Executive Office of the President	33	33	33	32	32								164	167

General Services Administration	46	-54	-17	-27	400								348	-411
International Assistance Programs:

International Security Assistance	513		2,093		1,100	3,526		426
Multilateral Assistance	(**)		1		235	46		3

Agency for International Development	1,095		816		626	457		728
Other	-176		-564		-2,667	-1,540		285

National Aeronautics and Space Administration	1,715		1,793		2,346	1,318		1,489
National Science Foundation	679		595		549	578		535

Office of Personnel Management	9,587		8,470		8,102	9,445		9,062
Small Business Administration	81		81		104	85		102

Social Security Administration:
Federal Old-Age and Survivors Insurance Trust
Fund (Off-Budget)	76,709		76,640		76,503	78,344		78,476

Federal Disability Insurance Trust Fund
(Off-Budget)	12,285		12,259		11,774	12,402		12,262
Other	4,688		9,303		4,896	4,820		4,896

Independent Agencies:
Deposit Insurance Fund	367		124		-989	266		-631

FSLIC Resolution Fund	-2		-1		-2	-1		-1
Postal Service:

Off-Budget:
Public Enterprise Funds	545		788		-690	-696		-91

Other	38		20		1	208		......
Other	......		......		......	57		......

Tennessee Valley Authority	-188		-95		36	-180		-302
Other	2,399		2,532		2,658	2,105		3,428

Undistributed Offsetting Receipts:
Employer Share, Employee Retirement	-22,480 -7,025 -7,112					-6,895		-6,741

Interest Received by Trust Funds	3,223		-2,183		-59,103	-1,716		-3,729
Rents and Royalties on the Outer Continental
Shelf Lands	-441		-295		-672	-480		-115

Other	(**)		(**)		(**)	(**)		(**)
Totals This Year:

Total Outlays	379,988		434,024		349,091	404,883		423,286
(On-Budget)
	300,962		345,901		302,065	326,440		334,347

(Off-Budget)	79,026		88,122		47,026	78,443		88,939
Total-Surplus (+) or Deficit (-)
	-134,467	-208,838		-13,286		-32,595	-235,335

(On-Budget)	-119,867	-190,253		-42,394		-44,894	-222,212
(Off-Budget)
	-14,600		-18,585		29,108	12,299		-13,124

Total Borrowing from the Public	159,836		125,462		65,767	41,898		200,119
Total-Outlays Prior Year
	353,183		410,864		326,123	331,299		401,243

(On-Budget)	279,122		328,697		284,536	256,096		316,103
(Off-Budget)
	74,061		82,166		41,588	75,203		85,140

Total-Surplus (+) or Deficit (-) Prior Year	-100,491	-204,903		-13,539		8,681		-233,977
(On-Budget)
	-88,207	-189,361		-41,537		-2,259	-220,713

(Off-Budget)	-12,284		-15,541		27,997	10,940		-13,265

7,6585,621

285. 305

3,7223,442

-4,662-2,944

8,6608,263

2,9362,849

44,66642,438

453544

386,672363,741

60,98260,864

28,60323,772

-863-2,938

-7-8

-144-198

267. 98

57. ......

-729-373

13,12316,016

-50,252-45,989

-63,508-65,096

-2,003-3,153

-1-1,155

1,991,272	......
1,609,715	......
381,557	......
-624,522	......
-619,619	......
-4,902	......
593,083	489,346

...... 1,822,712
...... 1,464,554
......	358,158
......	-544,229
......	-542,077
......	-2,153

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

... No Transactions

36

Table 8. Trust Fund Impact on Budget Results and Investment Holdings as of February 29, 2020

[$ 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 Year	This Month	This Month

Trust Receipts, Outlays, and Investments Held:

Airport and Airway	2,856	1,964	892	8,310	7,647	662	15,018	15,374	15,796
Black Lung Disability	24	17	7	78	82	-4	......	......	......

Federal Disability Insurance	11,263	12,262	-1,000	58,092	60,982	-2,890	96,520	94,566	93,582
Federal Employees Life and Health	......	257	-257	......	560	-560	76,001	75,695	75,371

Federal Employees Retirement	3,363	7,619	-4,256	31,156	38,268	-7,112	960,338	957,494	953,231
Federal Hospital Insurance	21,644	27,457	-5,813	132,770	148,574	-15,804	......	......	......

Federal Old-Age and Survivors Insurance	66,261	78,476	-12,214	384,782	386,672	-1,890	2,804,396	2,814,717	2,802,598
Federal Supplementary Medical Insurance	40,646	35,558	5,087	200,083	210,721	-10,639	104,716	89,053	95,640

Hazardous Substance Superfund	661	112	549	1,188	605	582	5,251	5,294	5,834
Highways	3,671	3,797	-125	16,871	21,640	-4,769	28,192	25,088	24,754

Military Advances	2,293	2,512	-218	19,404	14,348	5,055	......	......	......
Military Retirement	5,282	5,211	71	114,186	30,557	83,629	827,414	920,193	920,221

Railroad Retirement	377	1,172	-796	5,080	6,452	-1,372	2,606	2,618	2,303
Unemployment	2,359	3,103	-744	12,069	13,870	-1,800	84,361	81,737	82,797

Veterans Life Insurance	9	69	-60	61	318	-257	3,815	3,624	3,563
All Other Trust	1,053	682	371	3,074	2,343	731	237,286	227,672	221,053

Total Trust Fund Receipts and Outlays and Investments
Held from Table 6-D	161,762	180,268	-18,506	987,203	943,641	43,562	5,245,914	5,313,124	5,296,745
Less: Interfund Transactions	54,951	54,951	......	450,303	450,303	......	......	......	......

Trust Fund Receipts and Outlays on the Basis of
Tables 4 & 5	106,811	125,317	-18,506	536,900	493,338	43,562
Total Federal Fund Receipts and Outlays
	81,191	298,020	-216,829	830,108	1,498,192	-668,084

Less: Interfund Transactions	51	51	......	258	258	......
Federal Fund Receipts and Outlays on the Basis of
Table 4 & 5	81,140
		297,969	-216,829	829,850	1,497,934	-668,084

Net Budget Receipts & Outlays	187,951	423,286	-235,335	1,366,750	1,991,272	-624,522

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

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

37

Table 9. Summary of Receipts by Source, and Outlays by Function of the U.S. Government, February 2020 and Other Periods

[$ millions]

Classification	This Month	Fiscal Year	Comparable Period
		to Date	Prior Fiscal Year

Receipts

Individual Income Taxes	69,626	671,144	626,592
Corporation Income Taxes	-2,041	73,864	59,194

Social Insurance and Retirement Receipts:
Employment and General Retirement	97,239	497,567	471,111

Unemployment Insurance	2,279	10,899	11,342
Other Retirement	400	2,146	1,952

Excise Taxes	6,685	33,559	41,558
Estate and Gift Taxes	1,584	8,572	7,355

Customs Duties	6,286	34,351	29,531
Miscellaneous Receipts	5,892	34,648	29,846

Total	187,951	1,366,750	1,278,482
Net Outlays


National Defense	54,846	304,619	283,860
International Affairs	3,787	20,769	18,689

General Science, Space, and Technology	2,389	13,907	13,224
Energy	342	2,087	-18

Natural Resources and Environment	3,019	17,675	15,238
Agriculture	4,496	29,521	28,793

Commerce and Housing Credit	1,015	10,884	-3,121
Transportation	8,377	40,004	36,809

Community and Regional Development	1,748	10,789	13,178
Education, Training, Employment, and Social Services	12,905	50,440	47,141

Health	51,225	250,357	237,257
Medicare	51,960	304,602	256,510

Income Security	91,211	247,341	232,928
Social Security	90,721	447,626	424,587

Veterans Benefits and Services	17,849	97,780	83,315
Administration of Justice	5,504	28,833	27,616

General Government	-1,869	4,597	3,389
Net Interest	30,617	161,696	153,612

Undistributed Offsetting Receipts	-6,855	-52,255	-50,297
Total	423,286	1,991,272	1,822,712

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

38

Explanatory Notes

1. Flow of Data into Monthly Treasury Statement

The Monthly Treasury Statement (MTS) is assembled from data in the central accounting system. The major sources of data include monthly accounting reports by Federal entities and disbursing officers, and daily reports from the Federal Reserve banks. These reports detail accounting transactions affecting receipts and outlays of the Federal Government and off-budget Federal entities, and their related effect on the assets and liabilities of the U.S. Government. Information is presented in the MTS on a modified cash basis.

2. Notes on Receipts

Receipts included in the report are classified into the following major categories: (1) budget receipts and (2) offsetting collections (also called applicable receipts). Budget receipts are collections from the public that result from the exercise of the Government's sovereign or governmental powers, excluding receipts offset against outlays. These collections, also called governmental receipts, consist mainly of tax receipts (including social insurance taxes), receipts from court fines, certain licenses, and deposits of earnings by the Federal Reserve System. Refunds of receipts are treated as deductions from gross receipts.

Offsetting collections are from other Government accounts or the public that are of a business-type or market-oriented nature. They are classified into two major categories: (1) offsetting collections credited to appropriations or fund accounts, and (2) offsetting receipts (i.e., amounts deposited in receipt accounts). Collections credited to appropriation or fund accounts normally can be used without appropriation action by Congress. These occur in two instances: (1) when authorized by law, amounts collected for materials or services are treated as reimbursements to appropriations and (2) in the three types of revolving funds (public enterprise, intra governmental, and trust); collections are netted against spending, and outlays are reported as the net amount.

Offsetting receipts in receipt accounts cannot be used without being appropriated. They are subdivided into two categories: (1) proprietary receipts - these collections are from the public and they are offset against outlays by agency and by function, and (2) intra governmental funds -

these are payments into receipt accounts from Governmental appropriation or fund accounts. The transactions may be intrabudgetary when the payment and receipt both occur within the budget or from receipts from off-budget Federal entities in those cases where payment is made by a Federal entity whose budget authority and outlays are excluded from the budget totals.

Intrabudgetary transactions are subdivided into three categories: (1) interfund transactions, where the payments are from one fund group (either Federal funds or trust funds) to a receipt account in the other fund group; (2) Federal intrafund transactions, where the payments and receipts both occur within the Federal fund group; and (3) trust intrafund transactions, where the payments and receipts both occur within the trust fund group.

Offsetting receipts are generally deducted from budget authority and outlays by function, by subfunction, or by agency. There are four types of receipts, however, that are deducted from budget totals as undistributed offsetting receipts. They are: (1) agencies' payments (including payments by off-budget Federal entities) as employers into employees retirement funds, (2) interest received by trust funds, (3) rents and royalties on the Outer Continental Shelf lands, and (4) other interest (i.e., interest collected on Outer Continental Shelf money in deposit funds when such money is transferred into the budget).

3. Notes on Outlays

Outlays are generally accounted for on the basis of checks issued, electronic funds transferred, or cash payments made. Certain outlays do not require issuance of cash or checks. An example is charges made against appropriations for that part of employees' salaries withheld for taxes or savings bond allotments - these are counted as payments to the employee and credits for whatever purpose the money was withheld. Outlays are stated net of offsetting collections (including receipts of revolving and management funds) and of refunds. Interest on the public debt (public issues) is recognized on the accrual basis. Federal credit programs subject to the Federal Credit Reform Act of 1990 use the cash

basis of accounting and are divided into two components. The portion of the credit activities that involve a cost to the Government (mainly subsidies) is included within the budget program accounts. The remaining portion of the credit activities are in non-budget financing accounts. Outlays of off-budget Federal entities are excluded by law from budget totals. However, they are shown separately and combined with the on-budget 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 Service, U.S. Department of Treasury, Washington, D.C. 20227 and on the internet at http://www.fiscal.treasury.gov/fsreports/rpt/ combStmt/combStmt_home.htm). This report includes budgetary results at the summary level and presents individual receipt and appropriation accounts at the detail level.

39

Scheduled Release

The release date for the March 2020 Statement

will be 2:00 p.m. EST April 10, 2020.

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

ExciseTaxes

MiscelaneousReceipts

IndividualIncomeTaxes

CorporationIncomeTaxes

SocialInsuranceandRetirementReceipts