Treasury Cash Falls $28.8B in a Week

The U.S. Treasury's cash account at the Federal Reserve, the TGA, closed the week to November 5 at $922.8 billion, down $28.8 billion from the previous week's close, according to the Daily Treasury Statement. Over the week, withheld income and payroll taxes brought in the most, $69.6 billion, while interest on Treasury debt took out the most, $33.5 billion. During the week it ranged from $922.8 billion on November 5 to $938.2 billion on November 3.