1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday December 14, 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 $ 21,561 $ 23,149 $ 79,426 $ 107,888 Supplementary Financing Program 199,961 199,961 199,959 199,962 Tax and Loan Note Accounts (Table V) 1,936 1,979 1,991 1,983 Total Operating Balance 223,457 225,088 281,376 309,833 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday December 14, 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) 39 265 2,344 Air Transport Security Fees 0 9 390 Commodity Credit Corporation programs 35 430 1,780 Customs and Certain Excise Taxes 129 719 6,962 Deposits by States: Supplemental Security Income 5 44 863 Unemployment 36 263 6,169 Education Department programs 143 1,052 5,625 Energy Department programs 11 128 1,305 Estate and Gift Taxes 5 164 820 Federal Reserve Earnings 0 2,066 14,550 Foreign Deposits, Military Sales 14 1,500 4,952 FTD's Received (Table IV) 3,406 23,223 115,433 Housing and Urban Development programs 1 69 609 Individual Income and Employment Taxes, Not Withheld 299 2,362 17,532 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 6 596 2,412 Postal Service 465 4,002 19,169 Public Debt Cash Issues (Table III-B) 772 250,238 1,600,334 Other Deposits: Federal Employees Insurance Receipt 77 353 583 TARP 76 13,280 32,683 Total Other Deposits 152 15,116 57,039 Change in Balance of Uncollected Funds -3 -1 -2 Transfers from Depositaries 4,861 50,661 240,308 Total Federal Reserve Account 10,376 352,906 2,098,594 Tax and Loan Note Accounts: FTD's Received (Table IV) 4,817 50,606 240,261 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 4,817 50,606 240,261 Total Deposits (excluding transfers) 10,333 352,851 2,098,546 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday December 14, 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 93 1,009 9,905 Defense Vendor Payments (EFT) 2,125 15,897 81,039 Education Department programs 540 6,065 41,613 Energy Department programs 119 1,564 8,589 Federal Employees Insurance Payments 387 2,549 13,257 Fed. Highway Administration programs 133 1,588 10,748 Federal Salaries (EFT) 445 7,181 38,940 Food and Nutrition Service (misc) 404 4,569 20,315 GSA programs 2 954 4,181 Health and Human Services Grants (misc) 448 3,618 19,693 Housing and Urban Development programs 356 4,586 17,546 Interest on Treasury Securities 1 632 39,398 Justice Department programs 112 777 4,055 Labor Dept. prgms (excl. unemployment) 47 561 3,188 Medicaid 1,377 12,497 59,977 Medicare 1,288 25,771 111,660 NASA programs 52 779 3,649 Postal Service Money Orders and Other 164 1,642 8,700 Public Debt Cash Redemp. (Table III-B) 656 236,779 1,338,105 Social Security Benefits (EFT) 48 31,446 128,942 Supple. Nutrition Assist. Program (SNAP) 37 194 952 Temporary Assistance for Needy Families (HHS) 179 757 4,448 Transportation Security Admin. (DHS) 9 52 164 Unemployment Insurance Benefits 723 5,278 26,566 Veterans Affairs programs 127 1,763 8,279 Other Withdrawals: Agency for Internat'l Development 53 420 3,400 Agriculture 141 484 2,340 Environmental Protection Agency 70 396 1,995 Federal Aviation Administration 125 283 1,853 Federal Transit Admin. 171 550 2,470 IRS Tax Refunds Business (EFT) 207 1,689 15,929 National Highway Traffic Safety Admin 20 39 208 Thrift Savings Plan Transfer 104 857 4,872 Unclassified 1,201 18,144 70,925 Total, Other Withdrawals 2,092 42,265 181,015 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 11,964 410,770 2,184,922 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 4,861 50,661 240,308 Total Withdrawals (excluding transfers) 11,964 410,770 2,184,922 Net Change in Operating Cash Balance -1,631 -57,919 -86,375 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday December 14, 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 0 172,718 908,606 Cash Management Series 0 68,002 268,004 Notes 0 -1 335,157 Bonds 0 0 29,544 Inflation-Protected Securities Increment 25 333 1,580 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 8 97 350 Interest Increment 0 434 1,424 Government Account Series 233,216 2,324,575 11,786,284 Hope Bonds 0 0 0 Domestic Series 0 0 39 Foreign Series 0 400 400 State and Local Series 162 2,700 24,930 Other 602 6,419 32,928 Total Issues 234,013 2,575,677 13,389,246 (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 0 222,678 1,171,566 Notes 0 0 102,990 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 40 471 2,110 Government Account Series 228,784 2,347,082 11,760,175 Hope Bonds 0 0 0 Domestic Series 0 0 39 Foreign Series 0 600 600 State and Local Series 13 6,585 27,842 Other 602 6,445 32,958 Total Redemptions 229,440 2,583,861 13,098,280 Net Change in Public Debt Outstanding 4,572 -8,184 290,966 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday December 14, 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) 234,013 2,575,677 13,389,246 Premium on New Issues 0 0 1,620 Discount on New Issues: Bills (-) 0 97 557 Bonds and Notes (-) 0 0 777 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 233,216 2,324,575 11,786,284 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 434 1,424 Inflation-Protected Securities Increment 25 333 1,489 Total Public Debt Cash Issues Deposited in Federal Reserve Account 772 250,238 1,600,334 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 229,440 2,583,861 13,098,280 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 (-) 228,784 2,347,082 11,760,175 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 656 236,779 1,338,105 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday December 14, 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/$ 9,289,558 $ 9,289,288 $ 9,275,025 $ 9,022,808 Intragovernmental Holdings 4,563,031 4,558,730 4,585,749 4,538,815 Total Public Debt Outstanding 13,852,589 13,848,017 13,860,774 13,561,623 Less: Debt Not Subject to Limit: Other Debt 488 488 488 488 Unamortized Discount 40,325 40,340 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 13,801,055 13,796,468 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 $199,961 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 Tuesday December 14, 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 $ 2,959 $ 67,424 $ 337,576 Individual Income Taxes 19 171 1,219 Railroad Retirement Taxes 7 173 926 Excise Taxes 2,039 2,801 13,472 Corporation Income Taxes 3,898 6,336 18,461 Federal Unemployment Taxes 2 18 699 Estate and Gift Taxes & Misc IRS Rcpts. -2 27 117 Change in Balance of Unclassified Taxes 3 75 14 Total 8,925 77,025 372,483 These Receipts were deposited in: Federal Reserve Account: Directly 903 1,304 7,446 Collector Depositaries 2,503 21,919 107,987 Tax and Loan Accounts 4,817 50,606 240,261 Inter-agency Transfers 702 3,195 16,789 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 9 $ 88 $ 1,882 $ 1,979 Deposits: Taxes Received (Table IV) 6 58 4,753 4,817 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 0 845 845 Depositary Initiated 1 20 3,996 4,016 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 14 126 1,795 1,936 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday December 14, 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 $ 25 $ 1,025 $ 23,000 Business 780 3,403 27,119 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.