1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday December 20, 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 $ 94,688 $ 90,941 $ 79,426 $ 107,888 Supplementary Financing Program 199,961 199,961 199,959 199,962 Tax and Loan Note Accounts (Table V) 1,948 1,977 1,991 1,983 Total Operating Balance 296,598 292,880 281,376 309,833 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday December 20, 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) 18 468 2,547 Air Transport Security Fees 0 11 393 Commodity Credit Corporation programs 27 558 1,909 Customs and Certain Excise Taxes 98 1,029 7,272 Deposits by States: Supplemental Security Income 3 56 875 Unemployment 104 2,510 8,416 Education Department programs 105 1,339 5,913 Energy Department programs 44 201 1,377 Estate and Gift Taxes 6 204 859 Federal Reserve Earnings 0 3,661 16,145 Foreign Deposits, Military Sales 17 1,829 5,282 FTD's Received (Table IV) 2,676 43,116 135,326 Housing and Urban Development programs 4 89 629 Individual Income and Employment Taxes, Not Withheld 393 3,774 18,944 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 18 2,879 4,694 Postal Service 425 5,540 20,707 Public Debt Cash Issues (Table III-B) 612 454,701 1,804,797 Other Deposits: Defense Finance & Accounting Service 54 354 1,451 Export-Import Bank 74 209 495 Medicare Premiums 236 978 4,546 Thrift Savings Plan Transfer 50 337 1,294 Total Other Deposits 415 19,513 61,435 Change in Balance of Uncollected Funds 2 1 -1 Transfers from Depositaries 9,850 109,243 298,890 Total Federal Reserve Account 14,815 650,722 2,396,410 Tax and Loan Note Accounts: FTD's Received (Table IV) 9,821 109,201 298,855 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 9,821 109,201 298,855 Total Deposits (excluding transfers) 14,785 650,679 2,396,375 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday December 20, 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 129 1,477 10,373 Defense Vendor Payments (EFT) 1,773 23,500 88,642 Education Department programs 1,074 9,103 44,650 Energy Department programs 185 2,269 9,294 Federal Employees Insurance Payments 146 3,249 13,957 Fed. Highway Administration programs 234 2,413 11,574 Federal Salaries (EFT) 56 8,356 40,115 Food and Nutrition Service (misc) 682 6,364 22,110 GSA programs 67 1,243 4,470 Health and Human Services Grants (misc) 429 5,235 21,310 Housing and Urban Development programs 187 5,454 18,415 Interest on Treasury Securities 1 1,910 40,676 Justice Department programs 52 1,004 4,282 Labor Dept. prgms (excl. unemployment) 46 858 3,484 Medicaid 722 16,973 64,453 Medicare 1,536 31,833 117,721 NASA programs 114 1,094 3,964 Postal Service Money Orders and Other 161 2,181 9,239 Public Debt Cash Redemp. (Table III-B) 789 411,112 1,512,438 Social Security Benefits (EFT) 45 40,411 137,907 Supple. Nutrition Assist. Program (SNAP) 27 271 1,029 Temporary Assistance for Needy Families (HHS) 26 1,103 4,794 Transportation Security Admin. (DHS) 1 104 216 Unemployment Insurance Benefits 548 7,011 28,299 Veterans Affairs programs 195 2,339 8,855 Other Withdrawals: Agriculture 63 686 2,543 Agriculture Loan Payments (misc) 64 549 1,939 Deposit Insurance Fund 103 210 2,268 Emergency Prep & Response (DHS) 75 521 2,109 Federal Aviation Administration 74 462 2,031 Federal Transit Admin. 51 811 2,731 Interior 70 787 2,760 IRS Tax Refunds Business (EFT) 283 2,108 16,347 National Highway Traffic Safety Admin 7 77 247 TARP 121 121 1,452 Unclassified 932 19,536 72,318 Total, Other Withdrawals 1,841 48,591 187,341 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 11,067 635,457 2,409,610 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 9,850 109,243 298,890 Total Withdrawals (excluding transfers) 11,067 635,457 2,409,610 Net Change in Operating Cash Balance 3,718 15,222 -13,235 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday December 20, 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 -1 282,709 1,018,598 Cash Management Series 0 93,002 293,005 Notes 0 53,773 388,930 Bonds 0 13,189 42,733 Inflation-Protected Securities Increment 74 481 1,728 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 12 134 387 Interest Increment 0 435 1,426 Government Account Series 227,695 3,254,174 12,715,883 Hope Bonds 0 0 0 Domestic Series 0 0 39 Foreign Series 0 400 400 State and Local Series 4 4,476 26,706 Other 597 8,959 35,468 Total Issues 228,381 3,711,732 14,525,302 (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 54 663 2,302 Government Account Series 242,532 3,292,932 12,706,025 Hope Bonds 0 0 0 Domestic Series 0 0 39 Foreign Series 0 600 600 State and Local Series 138 8,226 29,483 Other 597 9,002 35,514 Total Redemptions 243,320 3,704,045 14,218,463 Net Change in Public Debt Outstanding -14,939 7,688 306,838 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday December 20, 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) 228,381 3,711,732 14,525,302 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 (-) 227,695 3,254,174 12,715,883 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 435 1,426 Inflation-Protected Securities Increment 74 481 1,637 Total Public Debt Cash Issues Deposited in Federal Reserve Account 612 454,701 1,804,797 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 243,320 3,704,045 14,218,463 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 (-) 242,532 3,292,932 12,706,025 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 789 411,112 1,512,438 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday December 20, 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/$ 9,323,680 $ 9,323,763 $ 9,275,025 $ 9,022,808 Intragovernmental Holdings 4,544,782 4,559,637 4,585,749 4,538,815 Total Public Debt Outstanding 13,868,461 13,883,400 13,860,774 13,561,623 Less: Debt Not Subject to Limit: Other Debt 488 488 488 488 Unamortized Discount 40,343 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 13,816,909 13,831,802 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 Monday December 20, 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 $ 12,230 $ 106,890 $ 377,042 Individual Income Taxes 40 404 1,452 Railroad Retirement Taxes 30 257 1,009 Excise Taxes 15 2,896 13,567 Corporation Income Taxes 201 45,528 57,653 Federal Unemployment Taxes 2 27 708 Estate and Gift Taxes & Misc IRS Rcpts. 1 37 128 Change in Balance of Unclassified Taxes -18 351 290 Total 12,501 156,391 451,849 These Receipts were deposited in: Federal Reserve Account: Directly 93 1,633 7,775 Collector Depositaries 2,583 41,483 127,551 Tax and Loan Accounts 9,821 109,201 298,855 Inter-agency Transfers 4 4,074 17,668 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 39 $ 97 $ 1,842 $ 1,977 Deposits: Taxes Received (Table IV) 7 58 9,756 9,821 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 0 997 997 Depositary Initiated 4 21 8,827 8,852 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 42 133 1,773 1,948 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday December 20, 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 $ 31 $ 1,647 $ 23,622 Business 348 4,090 27,805 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.