MONTHLY STATEMENT OF THE PUBLIC DEBT
OF THE UNITED STATES

MAY 31, 2004
(Details may not add to totals)

TABLE I -- SUMMARY OF TREASURY SECURITIES OUTSTANDING, MAY 31, 2004

(Millions of dollars)
                                              Amount Outstanding
Title                                         Debt Held             Intragovernmental     Totals
                                              By the Public         Holdings
Marketable:
  Bills.......................................          958,051                    30                958,082
  Notes.......................................        2,030,669                    34              2,030,703
  Bonds.......................................          555,934                   141                556,074
  Inflation-Indexed Notes.....................          152,777                     0                152,777
  Inflation-Indexed Bonds.....................           46,954                     0                 46,954
Total Marketable  a...........................        3,744,385        1          205              3,744,590

Nonmarketable:
  Domestic Series.............................           29,995                     0                 29,995
  Foreign Series..............................            6,431                     0                  6,431
  R.E.A. Series...............................                1                     0                      1
  State and Local Government Series...........          161,058                     0                161,058
  United States Savings Securities............          204,666                     0                204,666
  Government Account Series...................           56,135             2,989,090              3,045,225
  Other.......................................            4,416                     0                  4,416
Total Nonmarketable  b........................          462,703             2,989,090              3,451,793

Total Public Debt Outstanding.................        4,207,088             2,989,295              7,196,383
TABLE II -- STATUTORY DEBT LIMIT, MAY 31, 2004
.
                                              Amount Outstanding
                                              Debt Held             Intragovernmental     Totals
                                              By the Public         Holdings
Debt Subject to Limit:
  Public Debt Outstanding.....................        4,207,088             2,989,295              7,196,383
  Less Amounts Not Subject to Limit:
    Other Debt Not Subject to Limit...........              514                     0                    514
    Unamortized Discount  2...................           29,067                15,425                 44,492
  Total Public Debt Subject to Limit..........        4,177,508             2,973,869              7,151,377

  Other Debt Subject to Limit:
    Guaranteed Debt of Government Agencies  3               146                     0                    146

  Total Public Debt Subject to Limit..........        4,177,653             2,973,869              7,151,523
  Statutory Debt Limit  4.................................................................         7,384,000
  Balance of Statutory Debt Limit.........................................................           232,477









This statement is available at 3 p.m. Eastern time on the 4th
workday of each month, at www.publicdebt.treas.gov


COMPILED AND PUBLISHED BY
THE BUREAU OF THE PUBLIC DEBT