TGA Cash Balance Tracker

See the latest Treasury General Account (TGA) closing balance — the federal government's checking account at the Federal Reserve — pulled directly from the Treasury's official Daily Treasury Statement data, along with the change from the previous business day and the last 45 daily closes. On October 7, 2026, the TGA closed at $885.8 billion.

This tracker is for informational purposes only. It displays official Treasury data as published, but figures are rounded, can be revised, and the page may lag the source if the API is unavailable.

What the tracker shows

The comparison is written in scientific notation because ordinary amounts are tiny next to the TGA. Entering $1,000,000 against an $885.8 billion balance gives about 1.13e-4% — that is, 0.000113%.

Where the numbers come from

The tracker calls the Fiscal Data endpoint for DTS Table I, v1/accounting/dts/operating_cash_balance, filters for the row labeled "Treasury General Account (TGA) Closing Balance," sorts by newest record date, and reads 45 records. Three details matter if you check the numbers yourself on the Operating Cash Balance dataset:

1. The closing balance is stored in the open_today_bal field. Since the DTS was restructured in April 2022, the close_today_bal field is null. The day's close sits in the "opening balance today" column of the closing-balance row. The tracker uses that field.
2. Values are in millions. The tracker divides by 1,000 to display billions.
3. The record date lags publication by a business day. The October 7, 2026, balance was posted on October 8.

You can cross-check Wednesdays against the Federal Reserve's weekly H.4.1 release, which lists "U.S. Treasury, General Account" among the Fed's liabilities. For Wednesday, October 7, 2026, both sources show $885,783 million.

How big is a normal daily move?

We measured every business-day change in the TGA closing balance from October 2024 through October 7, 2026 — 505 changes in all. In absolute terms:

So a $25 billion day change is ordinary. A $100 billion move happens a couple of times a month at most and almost always lines up with the calendar.

Reading the moves: the calendar explains most of them

Tax dates push the balance up

The largest single-day increases in the period were on tax deadlines: +$184.8 billion on April 15, 2025, +$163.8 billion on June 15, 2026, +$149.9 billion on September 15, 2025, and +$144.9 billion on April 15, 2026. Expect jumps around the 15th of April, June, September, and December, when individual estimated taxes and corporate taxes are due.

The first business day of the month pulls it down

Benefit programs, Medicare, and other scheduled payments cluster at the start of the month. On the first business day of the month, the TGA fell in 68% of months in our sample, by an average of $33.9 billion. Recent examples: −$112.1 billion on May 1, 2026, −$111.8 billion on July 1, 2026, −$80.8 billion on September 1, 2026, and −$90.3 billion on October 1, 2026. The month-end days that precede them can be large too; the biggest one-day drop in the sample was −$121.4 billion on July 31, 2026.

Auction settlements move it both ways

Treasury securities settle on scheduled days, and on those days hundreds of billions can come in and go out. On October 6, 2026, new debt brought in $291.7 billion and maturing debt took out $280.7 billion, and the balance rose only $2.1 billion. When issuance runs ahead of redemptions for weeks — as after a debt limit increase — the balance climbs steadily.

A month in the data: September 2026

September 2026 shows all three patterns in one month. The TGA closed August at $1,023.6 billion after a month-end inflow. It fell $80.8 billion on September 1 as monthly payments went out, kept sliding to $818.1 billion on September 10, then jumped $49.0 billion on September 14 and $120.3 billion on September 15, the quarterly estimated and corporate tax date, to $991.6 billion. The rest of the month see-sawed with auction settlements and payments, and it closed the fiscal year at $984.0 billion on September 30. The next day, October 1, it dropped $90.3 billion as the new month's payments began.

Net for the month: down $39.5 billion, with an intramonth range of more than $200 billion. If you only looked at September 10, you would have seen a 20% decline from August 31; if you only looked at September 21, a balance of $1,004.4 billion. Both are true and neither is a trend. When you use the tracker, compare like with like — the same point in the month, or month-end to month-end.

Three quick checks with the 45-day list

1. Month-to-date change. Find the last business day of the previous month in the list and subtract it from the latest close. On October 7, 2026, that was $885.8 billion − $984.0 billion = −$98.3 billion, typical for the first week of a month.
2. Same-date comparison. Compare the latest close with the same point last month (for example, the 7th to the 7th). This strips out most of the payment calendar and shows whether the cash level is actually trending.
3. Rebuild or drawdown. Count how many of the last eight Friday closes were higher than the Friday before. Mostly higher with no tax date in between suggests Treasury is borrowing ahead of needs; mostly lower for months suggests it is conserving borrowing capacity.

Context for the level

The current 45-day window (August 5 to October 7, 2026) ranged from $818.1 billion on September 10 to $1,023.6 billion on August 31. For longer context:

A balance falling steadily for months, with no tax-date rebounds, is the pattern to watch: it typically means Treasury is near the debt limit and paying bills from cash. On October 7, 2026, debt subject to the limit was about $1.02 trillion below the $41.104 trillion ceiling, according to DTS Table III-C.

What the TGA balance is not

• Not the national debt. Total public debt was $40.28 trillion on October 7, 2026, roughly 45 times the TGA. See Treasury cash vs national debt.
• Not the deficit. A falling balance often reflects payment timing; the deficit is measured over months in the Monthly Treasury Statement.
• Not a measure of whether the government can pay its bills on a given day, except during debt limit episodes, when the cash buffer is the only cushion.

Why traders and analysts watch it

The TGA is a liability on the Fed's balance sheet, so when it rises, bank reserves tend to fall by a similar amount, and when it falls, reserves tend to rise. Over the week ended October 7, 2026, the H.4.1 shows the TGA's average down $68.4 billion and reserve balances up $81.6 billion. Large rebuilds after debt limit increases can tighten short-term funding conditions; drawdowns can ease them.

If the tracker shows an error or old data

• "Could not reach the Treasury API": the Fiscal Data service is occasionally slow or down. Reload later, or open the dataset page directly.
• The as-of date is a few days old: check for a weekend or federal holiday. The DTS is not produced for non-business days.
• A number differs from a news story: reporters sometimes quote the Fed's Wednesday figure or a weekly average from the H.4.1, which can differ from the DTS close on other days.

Learn more

• What is the Treasury General Account — the account, its history, and the debt limit cycle.
• How to read the Daily Treasury Statement — every table, with the October 7, 2026, statement as a worked example.
• US Treasury cash hub — related explainers in one place.