1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday December 08, 2010 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE I Operating Cash Balance | ___________________________________________________________________________________________ | | | Opening balance | | _________________________________________________________________ | Closing | | | This | | Type of account | balance | | This | fiscal | | | today | Today | month | year | ___________________________________________________________________________________________ Federal Reserve Account $ 19,589 $ 10,567 $ 79,426 $ 107,888 Supplementary Financing Program 199,959 199,959 199,959 199,962 Tax and Loan Note Accounts (Table V) 1,989 2,117 1,991 1,983 Total Operating Balance 221,536 212,642 281,376 309,833 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday December 08, 2010 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE II Deposits and Withdrawals of Operating Cash | ___________________________________________________________________________________________ | | | This | Fiscal | | Deposits | Today | month | year | | | | to date | to date | ___________________________________________________________________________________________ Federal Reserve Account: Agriculture Loan Repayments (misc) 15 146 2,225 Air Transport Security Fees 0 8 389 Commodity Credit Corporation programs 28 245 1,595 Customs and Certain Excise Taxes 72 390 6,633 Deposits by States: Supplemental Security Income 7 29 848 Unemployment 27 171 6,077 Education Department programs 53 763 5,336 Energy Department programs 14 92 1,268 Estate and Gift Taxes 28 133 788 Federal Reserve Earnings 683 2,066 14,550 Foreign Deposits, Military Sales 3 1,354 4,807 FTD's Received (Table IV) 3,132 13,957 106,167 Housing and Urban Development programs 1 30 570 Individual Income and Employment Taxes, Not Withheld 403 1,377 16,548 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 42 137 1,952 Postal Service 379 2,436 17,603 Public Debt Cash Issues (Table III-B) 19,316 137,832 1,487,928 Other Deposits: Federal Housing Admin: Note Sales 120 598 3,309 TARP 140 2,624 22,027 Total Other Deposits 260 3,793 45,716 Change in Balance of Uncollected Funds 2 3 1 Transfers from Depositaries 3,498 29,952 219,599 Total Federal Reserve Account 27,962 194,910 1,940,599 Tax and Loan Note Accounts: FTD's Received (Table IV) 3,370 29,950 219,604 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 3,370 29,950 219,604 Total Deposits (excluding transfers) 27,834 194,908 1,940,604 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday December 08, 2010 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ ___________________________________________________________________________________________ | | | This | Fiscal | | Withdrawals | Today | month | year | | | | to date | to date | ___________________________________________________________________________________________ Federal Reserve Account: Commodity Credit Corporation programs 111 668 9,564 Defense Vendor Payments (EFT) 1,359 9,253 74,395 Education Department programs 503 3,176 38,724 Energy Department programs 121 933 7,958 Federal Employees Insurance Payments 186 1,304 12,012 Fed. Highway Administration programs 293 710 9,870 Federal Salaries (EFT) 123 2,066 33,825 Food and Nutrition Service (misc) 381 2,432 18,178 GSA programs 51 743 3,970 Health and Human Services Grants (misc) 385 2,172 18,247 Housing and Urban Development programs 131 3,505 16,466 Interest on Treasury Securities 2 628 39,395 Justice Department programs 44 450 3,728 Labor Dept. prgms (excl. unemployment) 54 344 2,970 Medicaid 1,112 7,634 55,113 Medicare 1,605 22,255 108,144 NASA programs 24 465 3,335 Postal Service Money Orders and Other 138 907 7,965 Public Debt Cash Redemp. (Table III-B) 684 124,386 1,225,712 Social Security Benefits (EFT) 8,971 31,254 128,750 Supple. Nutrition Assist. Program (SNAP) 14 110 868 Temporary Assistance for Needy Families (HHS) 40 380 4,071 Transportation Security Admin. (DHS) 1 5 117 Unemployment Insurance Benefits 640 3,332 24,620 Veterans Affairs programs 132 1,210 7,727 Other Withdrawals: Interior 51 314 2,287 IRS Tax Refunds Business (EFT) 78 1,162 15,402 National Highway Traffic Safety Admin 1 1 170 Thrift Savings Plan Transfer 82 437 4,451 Unclassified 1,623 12,427 65,209 Total, Other Withdrawals 1,835 34,427 173,177 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 18,940 254,748 2,028,900 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 3,498 29,952 219,599 Total Withdrawals (excluding transfers) 18,940 254,748 2,028,900 Net Change in Operating Cash Balance 8,894 -59,840 -88,296 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday December 08, 2010 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE III-A Public Debt Transactions | ___________________________________________________________________________________________ | | | This | Fiscal | | Issues | Today | month | year | | | | to date | to date | ___________________________________________________________________________________________ Marketable: Bills: Regular Series 0 88,289 824,177 Cash Management Series 18,000 43,001 243,003 Notes 0 -1 335,157 Bonds 0 0 29,544 Inflation-Protected Securities Increment 24 183 1,430 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 9 58 311 Interest Increment 1 433 1,424 Government Account Series 228,737 1,398,506 10,860,215 Hope Bonds 0 0 0 Domestic Series 0 0 39 Foreign Series 0 400 400 State and Local Series 696 2,285 24,515 Other 612 3,854 30,362 Total Issues 248,079 1,537,009 12,350,578 (Stated at face value except for savings and retirement plan securities which are stated at current redemption value.) ___________________________________________________________________________________________ | | | This | Fiscal | | Redemptions | Today | month | year | | | | to date | to date | ___________________________________________________________________________________________ Marketable: Bills 0 113,293 1,062,180 Notes 0 0 102,990 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 49 275 1,914 Government Account Series 238,002 1,425,512 10,838,605 Hope Bonds 0 0 0 Domestic Series 0 0 39 Foreign Series 0 600 600 State and Local Series 22 6,350 27,607 Other 613 3,869 30,382 Total Redemptions 238,685 1,549,898 12,064,317 Net Change in Public Debt Outstanding 9,394 -12,890 286,261 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday December 08, 2010 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE III-B Adjustment of Public Debt Transactions to Cash Basis | ___________________________________________________________________________________________ | | | This | Fiscal | | Transactions | Today | month | year | | | | to date | to date | ___________________________________________________________________________________________ Public Debt Cash Issues: Public Debt Issues (Table III-A) 248,079 1,537,009 12,350,578 Premium on New Issues 0 0 1,620 Discount on New Issues: Bills (-) 0 54 513 Bonds and Notes (-) 0 0 777 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 228,737 1,398,506 10,860,215 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 433 1,424 Inflation-Protected Securities Increment 24 183 1,340 Total Public Debt Cash Issues Deposited in Federal Reserve Account 19,316 137,832 1,487,928 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 238,685 1,549,898 12,064,317 Premium on Debt Buyback Operation 0 0 0 Discount on Debt Buyback Operation (-) 0 0 0 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 238,002 1,425,512 10,838,605 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 684 124,386 1,225,712 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday December 08, 2010 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE III-C Debt Subject to Limit | ___________________________________________________________________________________________ | | | Opening balance | | _________________________________________________________________ | Closing | | | Fiscal | | Balance Transactions | balance | | This | year | | | today | Today | month | | ___________________________________________________________________________________________ Debt Held by the Public 1/$ 9,288,916 $ 9,270,375 $ 9,275,025 $ 9,022,808 Intragovernmental Holdings 4,558,968 4,568,115 4,585,749 4,538,815 Total Public Debt Outstanding 13,847,884 13,838,490 13,860,774 13,561,623 Less: Debt Not Subject to Limit: Other Debt 488 488 488 488 Unamortized Discount 40,374 40,389 40,443 39,574 Federal Financing Bank 10,239 10,239 10,239 10,239 Hope Bonds 493 493 493 493 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 10 10 10 10 Total Public Debt Subject to Limit 13,796,301 13,786,892 13,809,121 13,510,840 Statutory Debt Limit 14,294,000 14,294,000 14,294,000 14,294,000 Act of February 12, 2010, permanently increased the statutory debt limit to $14,294 billion. Unamortized Discount represents the discount adjustment on Treasury bills and zero-coupon bonds (amortization is calculated daily). 1/The current balance includes $199,959 million outstanding for securities is sued to raise cash for the temporary Supplementary Financing Program (www.t reas.gov/press/releases/hp1144.htm). 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Wednesday December 08, 2010 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE IV Federal Tax Deposits | ___________________________________________________________________________________________ | | | This | Fiscal | | Classification | Today | month | year | | | | to date | to date | ___________________________________________________________________________________________ Withheld Income and Employment Taxes $ 6,303 $ 44,787 $ 314,939 Individual Income Taxes 11 94 1,141 Railroad Retirement Taxes 3 82 835 Excise Taxes 18 73 10,744 Corporation Income Taxes 174 609 12,734 Federal Unemployment Taxes 2 10 691 Estate and Gift Taxes & Misc IRS Rcpts. 14 29 119 Change in Balance of Unclassified Taxes -17 36 -25 Total 6,507 45,719 341,177 These Receipts were deposited in: Federal Reserve Account: Directly 84 251 6,393 Collector Depositaries 3,047 13,706 99,774 Tax and Loan Accounts 3,370 29,950 219,604 Inter-agency Transfers 5 1,812 15,406 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 44 $ 95 $ 1,977 $ 2,117 Deposits: Taxes Received (Table IV) 6 54 3,310 3,370 Transfers to Depositaries 0 0 0 0 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 702 702 Depositary Initiated 2 14 2,780 2,796 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 48 135 1,806 1,989 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday December 08, 2010 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE VI Income Tax Refunds Issued | ___________________________________________________________________________________________ | | | This | Fiscal | | Classification | Today | month | year | | | | to date | to date | ___________________________________________________________________________________________ Individual $ 60 $ 424 $ 22,399 Business 152 2,010 25,725 This statement summarizes the United States Treasury's cash and debt operations for the Federal Government. Treasury's operating cash is maintained in an account at the Federal Reserve Bank of New York and in Tax and Loan accounts at commercial banks. Major information sources include: Federal Reserve Banks, Treasury Regional Financial Centers, Internal Revenue Service Centers, Bureau of the Public Debt and various electronic systems. Information is presented on a modified cash basis. Deposits are reflected as received and withdrawals are reflected as processed. SOURCE: Financial Management Service, Department of the Treasury Note: The Daily Treasury Statement (DTS) is available by 4:00 p.m. the following business day on the Financial Management Service (FMS) website www.fms.treas.gov/dts. For more information, call the Cash Forecasting Division at 202-874-9790.