Frequently Asked Questions

The Daily Treasury Statement is a report published by the U.S. Department of the Treasury’s Bureau of the Fiscal Service every federal business day. It summarizes the government’s cash and debt operations on a modified cash basis: the Treasury General Account balance, deposits and withdrawals of operating cash, public debt issued and redeemed, debt subject to the statutory limit, transfers of tax receipts to federal trust funds, and income tax refunds issued.

The Treasury publishes the DTS by 4:00 p.m. Eastern each federal business day, and it reports the previous business day’s transactions — Tuesday’s statement, for example, covers Monday’s activity. Transactions that occur on weekends and federal holidays are included in the next business day’s statement. This site updates automatically as soon as the Treasury releases new data.

The Treasury General Account is the federal government’s primary checking account, held at the Federal Reserve Bank of New York. Nearly all federal receipts — taxes, customs duties, proceeds from debt auctions — flow into it, and nearly all payments — Social Security benefits, salaries, interest on the debt, tax refunds — flow out of it. Since October 2021 the DTS uses the name TGA in place of the older “Federal Reserve Account.” You can track the TGA’s daily balance on Table I.

Table I reports the operating cash balance (the TGA). Table II itemizes deposits and withdrawals of operating cash. Table III-A covers public debt transactions, Table III-B adjusts those figures to a cash basis, and Table III-C measures debt subject to the statutory limit. Table IV shows inter-agency tax transfers to federal trust funds, and Table V reports income tax refunds issued.

Historical DTS data is available on this site from October 3, 2005 to the present — more than 5,000 business days. Use the date picker on any table page to view a past statement. Note that the Treasury redesigned the DTS in February 2023, so some tables changed names and layouts at that point; data before then follows the older format.

Table III-C of the DTS answers that question every business day: it compares total debt subject to the statutory limit against the ceiling set by Congress, and the gap between the two is the Treasury’s remaining legal borrowing room. The limit was most recently raised in July 2025, when Congress increased it by $5 trillion to $41.1 trillion.

When the debt reaches the ceiling, the Treasury can temporarily free up borrowing room using accounting tools known as extraordinary measures — for example, suspending investments in certain government trust funds. They buy time, but once exhausted the Treasury can only pay bills with incoming cash and whatever sits in the TGA. During those periods, Table III-C and the TGA balance on Table I are the two numbers to watch.

Three main forces move it: tax receipts (large inflows around the April, June, September, and January payment deadlines), Treasury auction settlements (inflows when new debt settles, outflows when maturing debt is redeemed), and day-to-day federal spending — all itemized in Table II. During debt-ceiling standoffs the balance falls steadily, because the Treasury keeps spending while it cannot add net new borrowing. And because the account sits at the Federal Reserve, these swings add or drain reserves in the banking system — one reason markets watch the TGA closely.

The DTS is a daily operational report of cash and debt activity, built from Federal Reserve account reporting. The Monthly Treasury Statement is the official monthly accounting of federal receipts, outlays, and the budget deficit, built from agency reporting. The two won’t reconcile exactly: the DTS is best for tracking cash flows in near real time, while the MTS is the source of record for the official deficit. Our companion site, monthlytreasurystatement.com, tracks the MTS the same way this site tracks the DTS.

No. dailytreasurystatement.com is an independent, free dashboard and is not affiliated with the U.S. government. All figures are loaded directly from the U.S. Treasury, unmodified, and every table page links to the corresponding official PDF as well as CSV, JSON, and XML downloads.