1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday December 21, 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 $ 92,655 $ 94,688 $ 79,426 $ 107,888 Supplementary Financing Program 199,961 199,961 199,959 199,962 Tax and Loan Note Accounts (Table V) 1,993 1,948 1,991 1,983 Total Operating Balance 294,608 296,598 281,376 309,833 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday December 21, 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) 51 519 2,598 Air Transport Security Fees 1 11 393 Commodity Credit Corporation programs 36 594 1,945 Customs and Certain Excise Taxes 518 1,547 7,790 Deposits by States: Supplemental Security Income 5 61 879 Unemployment 10 2,520 8,426 Education Department programs 178 1,518 6,091 Energy Department programs 22 223 1,399 Estate and Gift Taxes 11 215 871 Federal Reserve Earnings 0 3,661 16,145 Foreign Deposits, Military Sales 6 1,835 5,287 FTD's Received (Table IV) 1,053 44,169 136,379 Housing and Urban Development programs 90 179 719 Individual Income and Employment Taxes, Not Withheld 399 4,173 19,344 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 402 3,281 5,096 Postal Service 493 6,033 21,200 Public Debt Cash Issues (Table III-B) 986 455,687 1,805,783 Other Deposits: Medicare Premiums 68 1,046 4,614 National Credit Union Administration 4,008 4,035 5,202 Total Other Deposits 4,076 23,589 65,512 Change in Balance of Uncollected Funds 2 3 1 Transfers from Depositaries 1,866 111,110 300,757 Total Federal Reserve Account 10,205 660,927 2,406,615 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,911 111,111 300,766 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 1,911 111,111 300,766 Total Deposits (excluding transfers) 10,250 660,929 2,406,624 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday December 21, 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 73 1,550 10,446 Defense Vendor Payments (EFT) 2,370 25,870 91,012 Education Department programs 499 9,602 45,150 Energy Department programs 131 2,400 9,425 Federal Employees Insurance Payments 394 3,643 14,352 Fed. Highway Administration programs 166 2,579 11,740 Federal Salaries (EFT) 116 8,472 40,231 Food and Nutrition Service (misc) 255 6,618 22,364 GSA programs 41 1,284 4,511 Health and Human Services Grants (misc) 572 5,807 21,882 Housing and Urban Development programs 210 5,664 18,625 Interest on Treasury Securities 1 1,911 40,677 Justice Department programs 53 1,057 4,335 Labor Dept. prgms (excl. unemployment) 83 941 3,567 Medicaid 1,164 18,137 65,616 Medicare 1,558 33,391 119,279 NASA programs 191 1,285 4,155 Postal Service Money Orders and Other 115 2,296 9,354 Public Debt Cash Redemp. (Table III-B) 741 411,853 1,513,179 Social Security Benefits (EFT) 43 40,453 137,950 Supple. Nutrition Assist. Program (SNAP) 11 282 1,040 Temporary Assistance for Needy Families (HHS) 308 1,411 5,102 Transportation Security Admin. (DHS) 1 105 217 Unemployment Insurance Benefits 735 7,746 29,034 Veterans Affairs programs 141 2,479 8,996 Other Withdrawals: Agriculture 65 752 2,608 Emergency Prep & Response (DHS) 54 576 2,164 Environmental Protection Agency 59 614 2,212 IRS Tax Refunds Business (EFT) 200 2,308 16,547 National Highway Traffic Safety Admin 7 84 253 State Department 57 609 1,900 TARP 391 512 1,843 Thrift Savings Plan Transfer 63 1,145 5,160 Unclassified 1,371 20,908 73,690 Total, Other Withdrawals 2,267 50,859 189,609 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 12,239 647,697 2,421,849 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 1,866 111,110 300,757 Total Withdrawals (excluding transfers) 12,239 647,697 2,421,849 Net Change in Operating Cash Balance -1,990 13,232 -15,225 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday December 21, 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 0 282,709 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 25 506 1,753 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 10 144 397 Interest Increment 0 435 1,426 Government Account Series 225,479 3,479,653 12,941,362 Hope Bonds 0 0 0 Domestic Series 0 0 39 Foreign Series 0 400 400 State and Local Series 380 4,856 27,086 Other 596 9,555 36,064 Total Issues 226,491 3,938,223 14,751,792 (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 37 700 2,339 Government Account Series 226,734 3,519,666 12,932,759 Hope Bonds 0 0 0 Domestic Series 0 0 39 Foreign Series 0 600 600 State and Local Series 107 8,333 29,591 Other 597 9,598 36,111 Total Redemptions 227,475 3,931,520 14,445,938 Net Change in Public Debt Outstanding -984 6,703 305,854 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday December 21, 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) 226,491 3,938,223 14,751,792 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 (-) 225,479 3,479,653 12,941,362 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 435 1,426 Inflation-Protected Securities Increment 25 506 1,663 Total Public Debt Cash Issues Deposited in Federal Reserve Account 986 455,687 1,805,783 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 227,475 3,931,520 14,445,938 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 (-) 226,734 3,519,666 12,932,759 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 741 411,853 1,513,179 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday December 21, 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/$ 9,323,890 $ 9,323,680 $ 9,275,025 $ 9,022,808 Intragovernmental Holdings 4,543,587 4,544,782 4,585,749 4,538,815 Total Public Debt Outstanding 13,867,477 13,868,461 13,860,774 13,561,623 Less: Debt Not Subject to Limit: Other Debt 488 488 488 488 Unamortized Discount 40,328 40,343 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 13,815,940 13,816,909 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 21, 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 $ 2,977 $ 109,867 $ 380,019 Individual Income Taxes 21 426 1,473 Railroad Retirement Taxes 4 261 1,014 Excise Taxes 22 2,918 13,588 Corporation Income Taxes 131 45,659 57,784 Federal Unemployment Taxes 2 29 710 Estate and Gift Taxes & Misc IRS Rcpts. 1 38 128 Change in Balance of Unclassified Taxes -145 207 146 Total 3,012 159,403 454,861 These Receipts were deposited in: Federal Reserve Account: Directly 116 1,749 7,891 Collector Depositaries 936 42,419 128,487 Tax and Loan Accounts 1,911 111,111 300,766 Inter-agency Transfers 49 4,123 17,717 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 42 $ 133 $ 1,773 $ 1,948 Deposits: Taxes Received (Table IV) 4 35 1,872 1,911 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 0 664 664 Depositary Initiated 2 14 1,186 1,202 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 44 154 1,795 1,993 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday December 21, 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 $ 33 $ 1,681 $ 23,656 Business 630 4,720 28,435 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.