1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday December 29, 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 $ 88,905 $ 85,603 $ 79,426 $ 107,888 Supplementary Financing Program 199,963 199,963 199,959 199,962 Tax and Loan Note Accounts (Table V) 1,994 1,974 1,991 1,983 Total Operating Balance 290,862 287,539 281,376 309,833 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday December 29, 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) 33 636 2,716 Air Transport Security Fees 1 26 408 Commodity Credit Corporation programs 43 818 2,168 Customs and Certain Excise Taxes 127 3,282 9,525 Deposits by States: Supplemental Security Income 100 172 990 Unemployment 13 2,599 8,506 Education Department programs 51 1,888 6,461 Energy Department programs 32 466 1,642 Estate and Gift Taxes 9 257 913 Federal Reserve Earnings 1,348 6,269 18,753 Foreign Deposits, Military Sales 12 1,889 5,342 FTD's Received (Table IV) 4,641 60,817 153,027 Housing and Urban Development programs 8 250 790 Individual Income and Employment Taxes, Not Withheld 747 7,023 22,193 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 6 3,381 5,196 Postal Service 280 7,787 22,954 Public Debt Cash Issues (Table III-B) 903 572,333 1,922,429 Other Deposits: Medicare Premiums 91 1,864 5,432 Pension Benefit Guaranty Corp. 372 410 1,488 TARP 634 18,955 38,358 Total Other Deposits 1,097 28,184 70,106 Change in Balance of Uncollected Funds 3 3 1 Transfers from Depositaries 5,331 141,276 330,923 Total Federal Reserve Account 14,785 839,356 2,585,044 Tax and Loan Note Accounts: FTD's Received (Table IV) 5,352 141,279 330,934 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 5,352 141,279 330,934 Total Deposits (excluding transfers) 14,806 839,359 2,585,055 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday December 29, 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 94 2,019 10,916 Defense Vendor Payments (EFT) 1,746 35,933 101,075 Education Department programs 1,334 14,457 50,005 Energy Department programs 185 3,448 10,472 Federal Employees Insurance Payments 352 5,325 16,033 Fed. Highway Administration programs 206 3,512 12,672 Federal Salaries (EFT) 72 13,797 45,557 Food and Nutrition Service (misc) 247 8,139 23,886 GSA programs 124 1,639 4,865 Health and Human Services Grants (misc) 380 7,874 23,949 Housing and Urban Development programs 160 6,600 19,561 Interest on Treasury Securities 2 1,921 40,687 Justice Department programs 111 1,501 4,779 Labor Dept. prgms (excl. unemployment) 117 1,304 3,931 Medicaid 1,303 23,713 71,193 Medicare 1,930 42,446 128,335 NASA programs 90 1,852 4,722 Postal Service Money Orders and Other 118 3,044 10,102 Public Debt Cash Redemp. (Table III-B) 650 525,866 1,627,192 Social Security Benefits (EFT) 3 49,539 147,035 Supple. Nutrition Assist. Program (SNAP) 7 377 1,135 Temporary Assistance for Needy Families (HHS) 49 1,735 5,426 Transportation Security Admin. (DHS) 1 109 221 Unemployment Insurance Benefits 566 10,786 32,074 Veterans Affairs programs 94 3,240 9,756 Other Withdrawals: Agency for Internat'l Development 55 1,082 4,063 Federal Aviation Administration 52 685 2,254 Federal Transit Admin. 73 1,230 3,150 Interior 52 1,103 3,077 National Highway Traffic Safety Admin 11 118 287 Small Business Administration 69 345 1,073 State Department 304 1,055 2,346 Thrift Savings Plan Transfer 106 1,522 5,536 Treasury Dept: Claims Payments 67 118 618 Unclassified 753 24,713 77,495 Total, Other Withdrawals 1,544 59,696 198,446 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 11,483 829,873 2,604,026 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 5,331 141,276 330,923 Total Withdrawals (excluding transfers) 11,483 829,873 2,604,026 Net Change in Operating Cash Balance 3,323 9,486 -18,971 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday December 29, 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 0 368,492 1,104,380 Cash Management Series 0 118,003 318,005 Notes 0 53,773 388,930 Bonds 0 13,189 42,733 Inflation-Protected Securities Increment 25 704 1,951 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 7 191 443 Interest Increment 1 437 1,428 Government Account Series 230,988 4,857,651 14,319,360 Hope Bonds 0 0 0 Domestic Series 0 0 39 Foreign Series 0 400 400 State and Local Series 292 6,968 29,198 Other 604 13,301 39,810 Total Issues 231,916 5,433,108 16,246,678 (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 0 489,403 1,438,291 Notes 0 13,001 115,990 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 40 950 2,589 Government Account Series 237,547 4,897,067 14,310,159 Hope Bonds 0 0 0 Domestic Series 0 0 39 Foreign Series 0 600 600 State and Local Series 5 8,576 29,833 Other 604 13,335 39,848 Total Redemptions 238,197 5,422,932 15,937,351 Net Change in Public Debt Outstanding -6,281 10,176 309,327 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday December 29, 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) 231,916 5,433,108 16,246,678 Premium on New Issues 0 0 1,620 Discount on New Issues: Bills (-) 0 249 709 Bonds and Notes (-) 0 1,735 2,512 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 230,988 4,857,651 14,319,360 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 437 1,428 Inflation-Protected Securities Increment 25 704 1,860 Total Public Debt Cash Issues Deposited in Federal Reserve Account 903 572,333 1,922,429 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 238,197 5,422,932 15,937,351 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 (-) 237,547 4,897,067 14,310,159 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 650 525,866 1,627,192 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday December 29, 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/$ 9,327,652 $ 9,327,486 $ 9,275,025 $ 9,022,808 Intragovernmental Holdings 4,543,298 4,549,744 4,585,749 4,538,815 Total Public Debt Outstanding 13,870,950 13,877,230 13,860,774 13,561,623 Less: Debt Not Subject to Limit: Other Debt 488 488 488 488 Unamortized Discount 40,250 40,265 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 13,819,491 13,825,756 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 $199,963 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 Wednesday December 29, 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 $ 8,011 $ 153,767 $ 423,919 Individual Income Taxes 26 579 1,627 Railroad Retirement Taxes 5 344 1,097 Excise Taxes 2,018 5,695 16,366 Corporation Income Taxes 454 47,473 59,598 Federal Unemployment Taxes 4 47 728 Estate and Gift Taxes & Misc IRS Rcpts. 0 42 133 Change in Balance of Unclassified Taxes -28 28 -33 Total 10,491 207,976 503,434 These Receipts were deposited in: Federal Reserve Account: Directly 883 3,227 9,369 Collector Depositaries 3,758 57,590 143,658 Tax and Loan Accounts 5,352 141,279 330,934 Inter-agency Transfers 497 5,880 19,474 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 54 $ 85 $ 1,835 $ 1,974 Deposits: Taxes Received (Table IV) 7 69 5,276 5,352 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 0 702 702 Depositary Initiated 4 23 4,603 4,629 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 56 132 1,806 1,994 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday December 29, 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 $ 5 $ 2,414 $ 24,389 Business 2/ -13 6,499 30,215 2/Includes a return/reversal for $47 million for Business Tax Refunds (EFT). 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.