1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday December 16, 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 $ 90,274 $ 91,641 $ 79,426 $ 107,888 Supplementary Financing Program 199,961 199,961 199,959 199,962 Tax and Loan Note Accounts (Table V) 1,970 1,935 1,991 1,983 Total Operating Balance 292,205 293,537 281,376 309,833 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday December 16, 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) 41 371 2,450 Air Transport Security Fees 1 10 392 Commodity Credit Corporation programs 25 494 1,845 Customs and Certain Excise Taxes 58 838 7,081 Deposits by States: Supplemental Security Income 2 51 870 Unemployment 901 2,393 8,300 Education Department programs 39 1,185 5,758 Energy Department programs 4 138 1,314 Estate and Gift Taxes 7 181 837 Federal Reserve Earnings 0 3,661 16,145 Foreign Deposits, Military Sales 37 1,717 5,170 FTD's Received (Table IV) 1,996 38,495 130,705 Housing and Urban Development programs 2 73 613 Individual Income and Employment Taxes, Not Withheld 205 3,088 18,259 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 9 634 2,450 Postal Service 380 4,757 19,925 Public Debt Cash Issues (Table III-B) 136,785 453,446 1,803,542 Other Deposits: Medicare Premiums 71 583 4,151 Total Other Deposits 71 18,884 60,806 Change in Balance of Uncollected Funds -1 0 -2 Transfers from Depositaries 9,219 94,813 284,460 Total Federal Reserve Account 149,781 625,230 2,370,919 Tax and Loan Note Accounts: FTD's Received (Table IV) 9,253 94,792 284,446 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 9,253 94,792 284,446 Total Deposits (excluding transfers) 149,815 625,210 2,370,905 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday December 16, 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 74 1,260 10,157 Defense Vendor Payments (EFT) 2,201 19,581 84,723 Education Department programs 636 7,350 42,898 Energy Department programs 237 1,951 8,976 Federal Employees Insurance Payments 133 2,932 13,641 Fed. Highway Administration programs 212 2,132 11,292 Federal Salaries (EFT) 833 8,199 39,958 Food and Nutrition Service (misc) 392 5,352 21,098 GSA programs 109 1,127 4,353 Health and Human Services Grants (misc) 409 4,445 20,520 Housing and Urban Development programs 184 4,934 17,895 Interest on Treasury Securities 1 1,908 40,674 Justice Department programs 39 864 4,142 Labor Dept. prgms (excl. unemployment) 59 670 3,296 Medicaid 1,993 15,270 62,750 Medicare 1,349 28,840 114,729 NASA programs 86 904 3,774 Postal Service Money Orders and Other 106 1,873 8,931 Public Debt Cash Redemp. (Table III-B) 139,849 409,577 1,510,903 Social Security Benefits (EFT) 41 40,316 137,812 Supple. Nutrition Assist. Program (SNAP) 12 220 978 Temporary Assistance for Needy Families (HHS) 243 1,044 4,735 Transportation Security Admin. (DHS) 1 102 214 Unemployment Insurance Benefits 359 6,219 27,507 Veterans Affairs programs 111 2,022 8,539 Other Withdrawals: Agency for Internat'l Development 68 543 3,524 Federal Transit Admin. 95 685 2,605 IRS Tax Refunds Business (EFT) 60 1,753 15,992 Unclassified 1,256 17,590 70,372 Total, Other Withdrawals 1,479 45,289 184,039 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 151,147 614,381 2,388,533 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 9,219 94,813 284,460 Total Withdrawals (excluding transfers) 151,147 614,381 2,388,533 Net Change in Operating Cash Balance -1,332 10,829 -17,628 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday December 16, 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 109,993 282,711 1,018,599 Cash Management Series 25,000 93,002 293,005 Notes 0 53,773 388,930 Bonds 0 13,189 42,733 Inflation-Protected Securities Increment 25 383 1,630 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 7 113 366 Interest Increment 0 434 1,425 Government Account Series 240,321 2,794,640 12,256,349 Hope Bonds 0 0 0 Domestic Series 0 0 39 Foreign Series 0 400 400 State and Local Series 1,149 4,434 26,664 Other 745 7,765 34,274 Total Issues 377,240 3,250,844 14,064,414 (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 138,943 379,621 1,328,509 Notes 0 13,001 115,990 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 32 549 2,188 Government Account Series 238,339 2,823,203 12,236,296 Hope Bonds 0 0 0 Domestic Series 0 0 39 Foreign Series 0 600 600 State and Local Series 128 8,000 29,257 Other 747 7,806 34,319 Total Redemptions 378,188 3,232,781 13,747,199 Net Change in Public Debt Outstanding -948 18,064 317,214 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday December 16, 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) 377,240 3,250,844 14,064,414 Premium on New Issues 0 0 1,620 Discount on New Issues: Bills (-) 110 207 667 Bonds and Notes (-) 0 1,735 2,512 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 240,321 2,794,640 12,256,349 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 434 1,425 Inflation-Protected Securities Increment 25 383 1,539 Total Public Debt Cash Issues Deposited in Federal Reserve Account 136,785 453,446 1,803,542 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 378,188 3,232,781 13,747,199 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 (-) 238,339 2,823,203 12,236,296 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 139,849 409,577 1,510,903 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday December 16, 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/$ 9,321,691 $ 9,324,634 $ 9,275,025 $ 9,022,808 Intragovernmental Holdings 4,557,146 4,555,151 4,585,749 4,538,815 Total Public Debt Outstanding 13,878,837 13,879,785 13,860,774 13,561,623 Less: Debt Not Subject to Limit: Other Debt 488 488 488 488 Unamortized Discount 40,404 40,310 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 13,827,224 13,828,266 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 Thursday December 16, 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 $ 10,577 $ 88,338 $ 358,490 Individual Income Taxes 19 343 1,390 Railroad Retirement Taxes 31 220 972 Excise Taxes 26 2,871 13,542 Corporation Income Taxes 600 45,166 57,291 Federal Unemployment Taxes 2 24 705 Estate and Gift Taxes & Misc IRS Rcpts. 1 31 122 Change in Balance of Unclassified Taxes 228 358 297 Total 11,485 137,351 432,809 These Receipts were deposited in: Federal Reserve Account: Directly 57 1,503 7,645 Collector Depositaries 1,939 36,992 123,060 Tax and Loan Accounts 9,253 94,792 284,446 Inter-agency Transfers 236 4,064 17,658 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 31 $ 228 $ 1,677 $ 1,935 Deposits: Taxes Received (Table IV) 7 55 9,191 9,253 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 0 227 1,015 1,242 Depositary Initiated 3 6 7,968 7,976 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 35 50 1,885 1,970 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday December 16, 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 $ 43 $ 1,087 $ 23,062 Business 177 3,622 27,337 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.