1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday December 15, 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 $ 91,641 $ 21,561 $ 79,426 $ 107,888 Supplementary Financing Prog 199,961 199,961 199,959 199,962 Tax and Loan Note Accounts (Table V) 1,935 1,936 1,991 1,983 Total Operating Balance 293,537 223,457 281,376 309,833 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday December 15, 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) 65 330 2,409 Air Transport Security Fees 0 9 391 Commodity Credit Corporation programs 39 469 1,820 Customs and Certain Excise Taxes 61 780 7,023 Deposits by States: Supplemental Security Income 5 49 868 Unemployment 1,229 1,492 7,398 Education Department programs 94 1,146 5,720 Energy Department programs 6 134 1,310 Estate and Gift Taxes 11 175 830 Federal Reserve Earnings 1,595 3,661 16,145 Foreign Deposits, Military Sales 181 1,681 5,133 FTD's Received (Table IV) 13,276 36,499 128,709 Housing and Urban Development programs 1 70 610 Individual Income and Employment Taxes, Not Withheld 521 2,883 18,053 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 29 625 2,441 Postal Service 375 4,377 19,545 Public Debt Cash Issues (Table III-B) 66,422 316,660 1,666,756 Other Deposits: Deposit Insurance Fund 1,315 1,318 5,046 Medicare Premiums 69 512 4,080 TARP 2,313 15,593 34,996 Total Other Deposits 3,697 18,813 60,735 Change in Balance of Uncollected Funds 2 1 -1 Transfers from Depositaries 34,933 85,594 275,241 Total Federal Reserve Account 122,543 475,449 2,221,137 Tax and Loan Note Accounts: FTD's Received (Table IV) 34,932 85,539 275,193 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 34,932 85,539 275,193 Total Deposits (excluding transfers) 122,543 475,393 2,221,089 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday December 15, 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 178 1,187 10,083 Defense Vendor Payments (EFT) 1,483 17,380 82,522 Education Department programs 650 6,714 42,262 Energy Department programs 151 1,714 8,739 Federal Employees Insurance Payments 251 2,799 13,507 Fed. Highway Administration programs 333 1,921 11,081 Federal Salaries (EFT) 185 7,366 39,125 Food and Nutrition Service (misc) 391 4,960 20,706 GSA programs 63 1,017 4,244 Health and Human Services Grants (misc) 418 4,036 20,111 Housing and Urban Development programs 164 4,750 17,710 Interest on Treasury Securities 1,275 1,907 40,673 Justice Department programs 49 825 4,103 Labor Dept. prgms (excl. unemployment) 50 611 3,237 Medicaid 780 13,277 60,757 Medicare 1,720 27,492 113,380 NASA programs 40 818 3,689 Postal Service Money Orders and Other 125 1,767 8,825 Public Debt Cash Redemp. (Table III-B) 32,949 269,728 1,371,054 Social Security Benefits (EFT) 8,829 40,275 137,771 Supple. Nutrition Assist. Program (SNAP) 14 208 966 Temporary Assistance for Needy Families (HHS) 44 801 4,492 Transportation Security Admin. (DHS) 50 101 213 Unemployment Insurance Benefits 581 5,859 27,147 Veterans Affairs programs 148 1,911 8,428 Other Withdrawals: Agency for Internat'l Development 55 475 3,455 Agriculture Loan Payments (misc) 52 403 1,793 Interior 65 598 2,571 Interior: Office of Surface Mining 92 113 237 Military Active Duty Pay (EFT) 2,919 6,977 20,955 National Highway Traffic Safety Admin 11 50 219 Thrift Savings Plan Transfer 161 1,018 5,033 Unclassified -1,810 16,334 69,116 Total, Other Withdrawals 1,544 43,809 182,559 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 52,463 463,233 2,237,385 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 34,933 85,594 275,241 Total Withdrawals (excluding transfers) 52,463 463,233 2,237,385 Net Change in Operating Cash Balance 70,080 12,161 -16,296 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday December 15, 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 53,773 53,773 388,930 Bonds 13,189 13,189 42,733 Inflation-Protected Securities Increment 25 358 1,605 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 9 106 358 Interest Increment 0 434 1,425 Government Account Series 229,744 2,554,320 12,016,028 Hope Bonds 0 0 0 Domestic Series 0 0 39 Foreign Series 0 400 400 State and Local Series 585 3,285 25,515 Other 601 7,020 33,529 Total Issues 297,927 2,873,604 13,687,173 (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 18,000 240,678 1,189,566 Notes 13,001 13,001 115,990 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 46 518 2,157 Government Account Series 237,782 2,584,865 11,997,957 Hope Bonds 0 0 0 Domestic Series 0 0 39 Foreign Series 0 600 600 State and Local Series 1,287 7,871 29,129 Other 615 7,060 33,573 Total Redemptions 270,731 2,854,593 13,369,011 Net Change in Public Debt Outstanding 27,196 19,011 318,162 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday December 15, 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) 297,927 2,873,604 13,687,173 Premium on New Issues 0 0 1,620 Discount on New Issues: Bills (-) 0 97 557 Bonds and Notes (-) 1,735 1,735 2,512 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 229,744 2,554,320 12,016,028 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 434 1,425 Inflation-Protected Securities Increment 25 358 1,515 Total Public Debt Cash Issues Deposited in Federal Reserve Account 66,422 316,660 1,666,756 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 270,731 2,854,593 13,369,011 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 (-) 237,782 2,584,865 11,997,957 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 32,949 269,728 1,371,054 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday December 15, 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/$ 9,324,634 $ 9,289,558 $ 9,275,025 $ 9,022,808 Intragovernmental Holdings 4,555,151 4,563,031 4,585,749 4,538,815 Total Public Debt Outstanding 13,879,785 13,852,589 13,860,774 13,561,623 Less: Debt Not Subject to Limit: Other Debt 488 488 488 488 Unamortized Discount 40,310 40,325 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 13,828,266 13,801,055 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 Wednesday December 15, 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 $ 10,337 $ 77,761 $ 347,913 Individual Income Taxes 153 324 1,372 Railroad Retirement Taxes 15 188 941 Excise Taxes 44 2,845 13,516 Corporation Income Taxes 38,230 44,565 56,690 Federal Unemployment Taxes 5 22 703 Estate and Gift Taxes & Misc IRS Rcpts. 3 30 121 Change in Balance of Unclassified Taxes 55 130 69 Total 48,841 125,866 421,324 These Receipts were deposited in: Federal Reserve Account: Directly 142 1,446 7,589 Collector Depositaries 13,133 35,052 121,120 Tax and Loan Accounts 34,932 85,539 275,193 Inter-agency Transfers 633 3,828 17,422 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 14 $ 126 $ 1,795 $ 1,936 Deposits: Taxes Received (Table IV) 21 217 34,694 34,932 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 1,745 1,745 Depositary Initiated 4 116 33,067 33,188 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 31 228 1,677 1,935 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday December 15, 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 $ 20 $ 1,044 $ 23,019 Business 43 3,445 27,160 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.