1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday December 17, 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 $ 90,941 $ 90,274 $ 79,426 $ 107,888 Supplementary Financing Program 199,961 199,961 199,959 199,962 Tax and Loan Note Accounts (Table V) 1,977 1,970 1,991 1,983 Total Operating Balance 292,880 292,205 281,376 309,833 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday December 17, 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) 79 450 2,529 Air Transport Security Fees 0 11 392 Commodity Credit Corporation programs 37 531 1,881 Customs and Certain Excise Taxes 93 932 7,175 Deposits by States: Supplemental Security Income 2 53 872 Unemployment 13 2,406 8,313 Education Department programs 50 1,235 5,808 Energy Department programs 19 157 1,333 Estate and Gift Taxes 17 198 854 Federal Reserve Earnings 0 3,661 16,145 Foreign Deposits, Military Sales 95 1,812 5,265 FTD's Received (Table IV) 1,945 40,440 132,650 Housing and Urban Development programs 13 85 625 Individual Income and Employment Taxes, Not Withheld 292 3,381 18,551 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 2,227 2,861 4,676 Postal Service 357 5,115 20,282 Public Debt Cash Issues (Table III-B) 644 454,089 1,804,185 Other Deposits: Medicare Premiums 159 742 4,310 TARP 56 15,649 35,052 Total Other Deposits 215 19,098 61,021 Change in Balance of Uncollected Funds -1 -1 -3 Transfers from Depositaries 4,581 99,393 289,041 Total Federal Reserve Account 10,677 635,907 2,381,595 Tax and Loan Note Accounts: FTD's Received (Table IV) 4,588 99,380 289,035 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 4,588 99,380 289,035 Total Deposits (excluding transfers) 10,684 635,894 2,381,589 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday December 17, 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 88 1,348 10,244 Defense Vendor Payments (EFT) 2,146 21,727 86,869 Education Department programs 678 8,028 43,576 Energy Department programs 133 2,084 9,109 Federal Employees Insurance Payments 171 3,103 13,811 Fed. Highway Administration programs 47 2,179 11,340 Federal Salaries (EFT) 101 8,300 40,059 Food and Nutrition Service (misc) 330 5,682 21,428 GSA programs 49 1,176 4,403 Health and Human Services Grants (misc) 361 4,806 20,881 Housing and Urban Development programs 334 5,267 18,228 Interest on Treasury Securities 1 1,908 40,675 Justice Department programs 88 952 4,230 Labor Dept. prgms (excl. unemployment) 142 812 3,438 Medicaid 981 16,251 63,730 Medicare 1,456 30,297 116,185 NASA programs 75 979 3,850 Postal Service Money Orders and Other 146 2,019 9,077 Public Debt Cash Redemp. (Table III-B) 747 410,324 1,511,650 Social Security Benefits (EFT) 50 40,366 137,862 Supple. Nutrition Assist. Program (SNAP) 24 244 1,002 Temporary Assistance for Needy Families (HHS) 33 1,077 4,768 Transportation Security Admin. (DHS) 1 103 215 Unemployment Insurance Benefits 244 6,463 27,751 Veterans Affairs programs 121 2,143 8,660 Other Withdrawals: Environmental Protection Agency 52 518 2,117 Federal Transit Admin. 75 760 2,680 Interior 75 717 2,690 IRS Tax Refunds Business (EFT) 72 1,825 16,065 IRS Tax Refunds Individual (EFT) 80 346 6,240 National Highway Traffic Safety Admin 20 71 240 State Department 73 521 1,813 Unclassified 1,014 18,604 71,386 Total, Other Withdrawals 1,461 46,750 185,500 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 10,009 624,390 2,398,542 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 4,581 99,393 289,041 Total Withdrawals (excluding transfers) 10,009 624,390 2,398,542 Net Change in Operating Cash Balance 675 11,504 -16,953 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday December 17, 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 0 282,711 1,018,599 Cash Management Series 0 93,002 293,005 Notes 0 53,773 388,930 Bonds 0 13,189 42,733 Inflation-Protected Securities Increment 24 407 1,654 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 9 122 375 Interest Increment 0 435 1,425 Government Account Series 231,838 3,026,479 12,488,187 Hope Bonds 0 0 0 Domestic Series 0 0 39 Foreign Series 0 400 400 State and Local Series 38 4,471 26,702 Other 597 8,363 34,872 Total Issues 232,507 3,483,351 14,296,920 (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 0 379,621 1,328,509 Notes 0 13,001 115,990 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 60 609 2,248 Government Account Series 227,197 3,050,401 12,463,493 Hope Bonds 0 0 0 Domestic Series 0 0 39 Foreign Series 0 600 600 State and Local Series 89 8,088 29,346 Other 598 8,404 34,917 Total Redemptions 227,944 3,460,725 13,975,143 Net Change in Public Debt Outstanding 4,563 22,626 321,777 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday December 17, 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) 232,507 3,483,351 14,296,920 Premium on New Issues 0 0 1,620 Discount on New Issues: Bills (-) 0 207 667 Bonds and Notes (-) 0 1,735 2,512 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 231,838 3,026,479 12,488,187 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 435 1,425 Inflation-Protected Securities Increment 24 407 1,564 Total Public Debt Cash Issues Deposited in Federal Reserve Account 644 454,089 1,804,185 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 227,944 3,460,725 13,975,143 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 (-) 227,197 3,050,401 12,463,493 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 747 410,324 1,511,650 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday December 17, 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/$ 9,323,763 $ 9,321,691 $ 9,275,025 $ 9,022,808 Intragovernmental Holdings 4,559,637 4,557,146 4,585,749 4,538,815 Total Public Debt Outstanding 13,883,400 13,878,837 13,860,774 13,561,623 Less: Debt Not Subject to Limit: Other Debt 488 488 488 488 Unamortized Discount 40,389 40,404 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 13,831,802 13,827,224 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 issued to raise cash for the temporary Supplementary Financing Program (www.treas.gov/press/releases/hp1144.htm). 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Friday December 17, 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 $ 6,322 $ 94,660 $ 364,812 Individual Income Taxes 21 364 1,412 Railroad Retirement Taxes 7 227 979 Excise Taxes 10 2,881 13,552 Corporation Income Taxes 161 45,327 57,452 Federal Unemployment Taxes 1 25 707 Estate and Gift Taxes & Misc IRS Rcpts. 5 37 127 Change in Balance of Unclassified Taxes 11 370 309 Total 6,539 143,890 439,349 These Receipts were deposited in: Federal Reserve Account: Directly 37 1,540 7,682 Collector Depositaries 1,909 38,900 124,968 Tax and Loan Accounts 4,588 99,380 289,035 Inter-agency Transfers 6 4,070 17,664 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 35 $ 50 $ 1,885 $ 1,970 Deposits: Taxes Received (Table IV) 7 62 4,520 4,588 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 0 992 992 Depositary Initiated 3 15 3,571 3,589 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 39 97 1,842 1,977 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday December 17, 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 $ 529 $ 1,616 $ 23,591 Business 120 3,742 27,458 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.