This is cash movement recorded by Treasury for one reporting day. It is not the same thing as budget authority or newly awarded contracts.
Withdrawals$20.7B
Deposits$34.9B
Net cash movement+$14.3B
Closing cash balance$959.6B
Written analysis
The Ledger briefing
Numbers first. Context alongside them.
Daily cash report ·
Treasury’s latest day: $20.7B out, $34.9B in
A plain-language reading of the latest Daily Treasury Statement and its largest withdrawal lines.
By The Daily Ledger Staff
On its latest published reporting day, the Treasury recorded $20.7B in withdrawals from the Treasury General Account and $34.9B in deposits. Deposits exceeded withdrawals by $14.3B, leaving a reported closing cash balance of $959.6B.[1]
The largest individual withdrawal lines in the statement were Dept of Defense (DoD) - misc at $3.7B; Federal Salaries (EFT) at $2.3B; and HHS - Grants to States for Medicaid at $1.7B. These labels are Treasury’s transaction categories, and some lines can include accounting reversals or adjustments.[2]
This statement tracks cash moving through the government’s operating account. It is not a list of new laws, contracts, or budget authority created that day. That distinction matters because a daily cash withdrawal may settle an obligation authorized much earlier.
Debt explainer · updated
Why a federal deficit adds to debt, but not dollar for dollar each day
Two official datasets answer different questions about the government’s finances.
By The Daily Ledger Staff
Total public debt outstanding was $40.10T in Treasury’s latest publication, a rise of $5.01B from the prior available observation.[1] The total includes debt held by the public and intragovernmental holdings.
For fiscal 2026 through , Treasury reported $4.85T in receipts and $6.81T in outlays: a cumulative deficit of $1.97T.[2] When outlays exceed receipts, the government finances the gap by borrowing.
These figures do not move in lockstep from one day to the next. Debt issuance, cash balances, maturities, and other financing operations affect when borrowing shows up, while the monthly statement measures budget results over the fiscal year. A useful comparison is direction and scale, not a one-day reconciliation.
Where cash went
Largest withdrawal lines
Daily Treasury Statement · amounts may include reversals
01
Dept of Defense (DoD) - misc$3.7B
02
Federal Salaries (EFT)$2.3B
03
HHS - Grants to States for Medicaid$1.7B
04
Public Debt Cash Redemp. (Table IIIB)$1.4B
05
HHS - Federal Supple Med Insr Trust Fund$1.2B
06
Dept of Education (ED)$1.1B
07
Dept of Veterans Affairs (VA)$1.0B
08
HHS - Federal Hospital Insr Trust Fund$911.0M
The debt
$40.10T outstanding
Debt to the Penny ·
Change from Sept. 25 to Sept. 28+$5.01B
A business-day time scale. The vertical axis starts below the plotted values so daily movement stays readable.
Held by the public $32.39TIntragovernmental $7.72T
The federal dollar
Outlays by function
Fiscal 2026 through
Social Security$1.53T
22.4% of total outlays
Net Interest$1.02T
14.9% of total outlays
Medicare$979.3B
14.4% of total outlays
Health$925.7B
13.6% of total outlays
National Defense$876.2B
12.9% of total outlays
Income Security$645.2B
9.5% of total outlays
Veterans Benefits and Services$395.6B
5.8% of total outlays
Transportation$126.4B
1.9% of total outlays
Administration of Justice$99.4B
1.5% of total outlays
Education, Training, Employment, and Social Services$92.0B
1.4% of total outlays
Community and Regional Development$57.4B
0.8% of total outlays
Natural Resources and Environment$51.9B
0.8% of total outlays
Agriculture$51.0B
0.7% of total outlays
International Affairs$44.9B
0.7% of total outlays
General Science, Space, and Technology$36.2B
0.5% of total outlays
General Government$24.8B
0.4% of total outlays
Energy$18.4B
0.3% of total outlays
Treasury also reports two negative offsetting receipt categories: Commerce and Housing Credit at -$10.5B (-0.2%) and Undistributed Offsetting Receipts at -$145.7B (-2.1%). Both offset the reported total above; official outlays are $6.81T.
Method and sources
Read the original records
Daily cash figures come from the Daily Treasury Statement. Fiscal-year totals come from the Monthly Treasury Statement. Debt comes from Debt to the Penny. Links below point to the same U.S. Treasury Fiscal Data records used for this snapshot.
Source data was fetched . Treasury posts on its own publication schedule, so the latest available record may trail the current date. Daily cash movement and monthly budget measures are different views; they do not reconcile line for line.