1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday December 22, 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 $ 89,913 $ 92,655 $ 79,426 $ 107,888 Supplementary Financing Program 199,961 199,961 199,959 199,962 Tax and Loan Note Accounts (Table V) 1,995 1,993 1,991 1,983 Total Operating Balance 291,869 294,608 281,376 309,833 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday December 22, 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) 13 532 2,611 Air Transport Security Fees 2 14 395 Commodity Credit Corporation programs 40 635 1,985 Customs and Certain Excise Taxes 1,426 2,973 9,216 Deposits by States: Supplemental Security Income 4 64 883 Unemployment 25 2,545 8,452 Education Department programs 48 1,565 6,139 Energy Department programs 47 270 1,446 Estate and Gift Taxes 8 222 878 Federal Reserve Earnings 1,261 4,922 17,406 Foreign Deposits, Military Sales 5 1,840 5,293 FTD's Received (Table IV) 4,855 49,023 141,233 Housing and Urban Development programs 15 194 734 Individual Income and Employment Taxes, Not Withheld 737 4,911 20,081 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 54 3,335 5,151 Postal Service 389 6,422 21,589 Public Debt Cash Issues (Table III-B) 975 456,662 1,806,758 Other Deposits: Federal Employees Insurance Receipt 169 619 848 Medicare Premiums 113 1,158 4,727 TARP 2,669 18,318 37,721 Total Other Deposits 2,951 26,540 68,462 Change in Balance of Uncollected Funds 0 2 0 Transfers from Depositaries 5,051 116,161 305,808 Total Federal Reserve Account 17,905 678,832 2,424,520 Tax and Loan Note Accounts: FTD's Received (Table IV) 5,053 116,165 305,819 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 5,053 116,165 305,819 Total Deposits (excluding transfers) 17,908 678,836 2,424,532 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday December 22, 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 130 1,680 10,576 Defense Vendor Payments (EFT) 1,745 27,615 92,757 Education Department programs 610 10,213 45,760 Energy Department programs 257 2,657 9,682 Federal Employees Insurance Payments 260 3,903 14,612 Fed. Highway Administration programs 298 2,877 12,037 Federal Salaries (EFT) 50 8,522 40,281 Food and Nutrition Service (misc) 313 6,932 22,678 GSA programs 119 1,404 4,631 Health and Human Services Grants (misc) 380 6,185 22,260 Housing and Urban Development programs 196 5,860 18,821 Interest on Treasury Securities 2 1,913 40,679 Justice Department programs 34 1,091 4,369 Labor Dept. prgms (excl. unemployment) 63 1,003 3,630 Medicaid 1,030 19,167 66,647 Medicare 2,006 35,396 121,285 NASA programs 73 1,358 4,228 Postal Service Money Orders and Other 122 2,419 9,477 Public Debt Cash Redemp. (Table III-B) 654 412,508 1,513,833 Social Security Benefits (EFT) 9,045 49,499 146,995 Supple. Nutrition Assist. Program (SNAP) 22 305 1,063 Temporary Assistance for Needy Families (HHS) 40 1,452 5,143 Transportation Security Admin. (DHS) 1 106 218 Unemployment Insurance Benefits 640 8,386 29,674 Veterans Affairs programs 147 2,627 9,143 Other Withdrawals: Agency for Internat'l Development 75 741 3,722 Agriculture Loan Payments (misc) 66 652 2,042 Commerce Programs 66 465 1,585 Deposit Insurance Fund 135 349 2,407 Emergency Prep & Response (DHS) 61 636 2,224 Environmental Protection Agency 69 683 2,281 Federal Financing Bank 407 658 1,661 Federal Transit Admin. 116 958 2,879 HHS: Indian Health Service 68 269 1,216 Interior 64 885 2,858 International Monetary Fund 96 134 423 National Highway Traffic Safety Admin 8 92 262 Unclassified 1,174 22,085 74,867 Total, Other Withdrawals 2,407 53,268 192,018 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 20,646 668,343 2,442,495 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 5,051 116,161 305,808 Total Withdrawals (excluding transfers) 20,646 668,343 2,442,495 Net Change in Operating Cash Balance -2,739 10,493 -17,963 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday December 22, 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 24 530 1,777 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 9 153 405 Interest Increment 1 436 1,426 Government Account Series 220,800 3,700,453 13,162,162 Hope Bonds 0 0 0 Domestic Series 0 0 39 Foreign Series 0 400 400 State and Local Series 371 5,227 27,457 Other 595 10,151 36,660 Total Issues 221,799 4,160,022 14,973,592 (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 47 748 2,387 Government Account Series 230,093 3,749,759 13,162,852 Hope Bonds 0 0 0 Domestic Series 0 0 39 Foreign Series 0 600 600 State and Local Series 11 8,344 29,601 Other 596 10,194 36,707 Total Redemptions 230,747 4,162,267 14,676,685 Net Change in Public Debt Outstanding -8,948 -2,244 296,906 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday December 22, 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) 221,799 4,160,022 14,973,592 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 (-) 220,800 3,700,453 13,162,162 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 436 1,426 Inflation-Protected Securities Increment 24 530 1,686 Total Public Debt Cash Issues Deposited in Federal Reserve Account 975 456,662 1,806,758 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 230,747 4,162,267 14,676,685 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 (-) 230,093 3,749,759 13,162,852 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 654 412,508 1,513,833 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday December 22, 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/$ 9,324,460 $ 9,323,890 $ 9,275,025 $ 9,022,808 Intragovernmental Holdings 4,534,070 4,543,587 4,585,749 4,538,815 Total Public Debt Outstanding 13,858,529 13,867,477 13,860,774 13,561,623 Less: Debt Not Subject to Limit: Other Debt 488 488 488 488 Unamortized Discount 40,316 40,328 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 13,807,004 13,815,940 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 22, 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 $ 9,619 $ 119,486 $ 389,638 Individual Income Taxes 18 444 1,491 Railroad Retirement Taxes 4 265 1,017 Excise Taxes 26 2,943 13,614 Corporation Income Taxes 371 46,030 58,155 Federal Unemployment Taxes 2 31 712 Estate and Gift Taxes & Misc IRS Rcpts. 0 38 129 Change in Balance of Unclassified Taxes -128 78 17 Total 9,912 169,315 464,774 These Receipts were deposited in: Federal Reserve Account: Directly 62 1,812 7,954 Collector Depositaries 4,792 47,212 133,280 Tax and Loan Accounts 5,053 116,165 305,819 Inter-agency Transfers 4 4,127 17,721 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 44 $ 154 $ 1,795 $ 1,993 Deposits: Taxes Received (Table IV) 8 81 4,965 5,053 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 0 863 863 Depositary Initiated 4 41 4,143 4,188 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 48 194 1,753 1,995 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday December 22, 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 $ 56 $ 1,737 $ 23,712 Business 102 4,822 28,538 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.