1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday December 31, 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 $ 140,773 $ 71,971 $ 79,426 $ 107,888 Supplementary Financing Program 199,964 199,964 199,959 199,962 Tax and Loan Note Accounts (Table V) 1,990 1,969 1,991 1,983 Total Operating Balance 342,727 273,904 281,376 309,833 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday December 31, 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) 114 909 2,988 Air Transport Security Fees 92 180 561 Commodity Credit Corporation programs 57 920 2,271 Customs and Certain Excise Taxes 52 3,395 9,638 Deposits by States: Supplemental Security Income 3 406 1,225 Unemployment 3 2,625 8,531 Education Department programs 119 2,438 7,011 Energy Department programs 7 499 1,675 Estate and Gift Taxes 8 276 931 Federal Reserve Earnings 0 6,269 18,753 Foreign Deposits, Military Sales 14 1,907 5,359 FTD's Received (Table IV) 3,696 66,437 158,647 Housing and Urban Development programs 9 276 817 Individual Income and Employment Taxes, Not Withheld 332 7,581 22,752 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 35 3,437 5,253 Postal Service 322 8,393 23,560 Public Debt Cash Issues (Table III-B) 104,311 791,338 2,141,434 Other Deposits: GSE Dividends 3,756 3,756 3,756 Minerals Management Svc/Collections 331 633 2,231 TARP 172 19,195 38,597 Total Other Deposits 4,259 33,794 75,717 Change in Balance of Uncollected Funds 1 4 2 Transfers from Depositaries 6,582 151,834 341,481 Total Federal Reserve Account 120,016 1,082,917 2,828,606 Tax and Loan Note Accounts: FTD's Received (Table IV) 6,603 151,833 341,487 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 6,603 151,833 341,487 Total Deposits (excluding transfers) 120,037 1,082,917 2,828,612 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday December 31, 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 51 2,125 11,021 Defense Vendor Payments (EFT) 840 39,096 104,238 Education Department programs 0 15,375 50,922 Energy Department programs 78 3,759 10,784 Federal Employees Insurance Payments 12 5,671 16,379 Fed. Highway Administration programs 0 3,615 12,775 Federal Salaries (EFT) 4 14,763 46,523 Food and Nutrition Service (misc) 86 8,486 24,232 GSA programs 72 1,719 4,946 Health and Human Services Grants (misc) 200 8,742 24,817 Housing and Urban Development programs 0 6,793 19,753 Interest on Treasury Securities 5,665 7,593 46,359 Justice Department programs 0 1,537 4,815 Labor Dept. prgms (excl. unemployment) 28 1,395 4,021 Medicaid 1,006 27,752 75,232 Medicare 563 44,497 130,385 NASA programs 0 1,852 4,722 Postal Service Money Orders and Other 88 3,480 10,538 Public Debt Cash Redemp. (Table III-B) 41,591 681,754 1,783,080 Social Security Benefits (EFT) 2 49,552 147,049 Supple. Nutrition Assist. Program (SNAP) 11 420 1,178 Temporary Assistance for Needy Families (HHS) 43 2,010 5,701 Transportation Security Admin. (DHS) 0 109 221 Unemployment Insurance Benefits 192 11,320 32,608 Veterans Affairs programs 0 3,577 10,094 Other Withdrawals: IRS Tax Refunds Individual (EFT) 53 481 6,376 Tennessee Valley Authority (net) -54 -81 -16 Unclassified 682 26,545 79,327 Total, Other Withdrawals 681 74,575 213,325 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 51,214 1,021,566 2,795,718 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 6,582 151,834 341,481 Total Withdrawals (excluding transfers) 51,214 1,021,566 2,795,718 Net Change in Operating Cash Balance 68,823 61,351 32,894 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday December 31, 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 0 456,779 1,192,668 Cash Management Series 0 143,003 343,006 Notes 103,965 157,738 492,896 Bonds 0 13,189 42,733 Inflation-Protected Securities Increment 24 753 2,000 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 7 204 457 Interest Increment 0 437 1,428 Government Account Series 321,926 5,418,025 14,879,733 Hope Bonds 0 0 0 Domestic Series 0 0 39 Foreign Series 0 400 400 State and Local Series 16 7,696 29,926 Other 603 14,643 41,151 Total Issues 426,541 6,212,867 17,026,437 (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 0 602,711 1,551,598 Notes 40,777 53,778 156,767 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 43 1,035 2,674 Government Account Series 230,865 5,366,672 14,779,765 Hope Bonds 0 0 0 Domestic Series 0 0 39 Foreign Series 0 600 600 State and Local Series 168 8,949 30,206 Other 603 14,682 41,194 Total Redemptions 272,456 6,048,426 16,562,844 Net Change in Public Debt Outstanding 154,085 164,441 463,592 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday December 31, 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) 426,541 6,212,867 17,026,437 Premium on New Issues 0 0 1,620 Discount on New Issues: Bills (-) 0 300 760 Bonds and Notes (-) 279 2,014 2,791 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 321,926 5,418,025 14,879,733 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 437 1,428 Inflation-Protected Securities Increment 24 753 1,909 Total Public Debt Cash Issues Deposited in Federal Reserve Account 104,311 791,338 2,141,434 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 272,456 6,048,426 16,562,844 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 (-) 230,865 5,366,672 14,779,765 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 41,591 681,754 1,783,080 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday December 31, 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/$ 9,390,476 $ 9,327,744 $ 9,275,025 $ 9,022,808 Intragovernmental Holdings 4,634,739 4,543,387 4,585,749 4,538,815 Total Public Debt Outstanding 14,025,215 13,871,130 13,860,774 13,561,623 Less: Debt Not Subject to Limit: Other Debt 488 488 488 488 Unamortized Discount 41,493 40,286 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 13,972,513 13,819,636 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 $199,964 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 31, 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 $ 9,797 $ 169,913 $ 440,065 Individual Income Taxes 43 660 1,708 Railroad Retirement Taxes 33 382 1,135 Excise Taxes 10 5,722 16,393 Corporation Income Taxes 321 47,892 60,017 Federal Unemployment Taxes 7 58 739 Estate and Gift Taxes & Misc IRS Rcpts. 0 43 133 Change in Balance of Unclassified Taxes 87 123 62 Total 10,298 224,794 520,252 These Receipts were deposited in: Federal Reserve Account: Directly 10 3,265 9,407 Collector Depositaries 3,685 63,172 149,240 Tax and Loan Accounts 6,603 151,833 341,487 Inter-agency Transfers 0 6,523 20,117 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 58 $ 169 $ 1,742 $ 1,969 Deposits: Taxes Received (Table IV) 9 113 6,481 6,603 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 1,049 1,049 Depositary Initiated 7 63 5,463 5,533 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 61 219 1,711 1,990 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday December 31, 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 $ 482 2/$ 2,897 2/$ 24,872 Business 0 6,641 30,356 2/Does not include $20 million offset by FMS for the month of December 2010, and $140 million for the fiscal year-to-date for Treasury Offset Program against Tax Refunds issued. 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.