1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday July 05, 2011 (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 $ 71,295 $ 66,806 $ 130,130 $ 107,888 Supplementary Financing Program 5,000 5,000 5,000 199,962 Tax and Loan Note Accounts (Table V) 1,981 2,000 1,853 1,983 Total Operating Balance 78,276 73,806 136,983 309,833 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday July 05, 2011 (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) 28 118 7,110 Air Transport Security Fees 3 6 1,720 Commodity Credit Corporation programs 36 141 7,517 Customs and Certain Excise Taxes 77 144 27,495 Deposits by States: Supplemental Security Income 3 15 3,578 Unemployment 35 55 39,211 Education Department programs 59 250 20,696 Energy Department programs 33 87 5,823 Estate and Gift Taxes 10 17 6,685 Federal Reserve Earnings 0 0 64,896 Foreign Deposits, Military Sales 2 2,048 17,298 FTD's Received (Table IV) 2,721 6,179 484,002 GSE MBS Purchase Program Income 0 0 66,215 Housing and Urban Development programs 2 10 2,169 Individual Income and Employment Taxes, Not Withheld 315 543 289,252 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 25 35 7,628 Postal Service 421 722 68,128 Public Debt Cash Issues (Table III-B) 706 1,606 6,153,713 Other Deposits: Defense Finance & Accounting Service 71 92 5,091 Federal Housing Admin: Note Sales 58 127 11,423 TARP 1,730 1,730 79,880 Thrift Savings Plan Transfer 128 338 10,841 Total Other Deposits 1,987 2,544 167,144 Change in Balance of Uncollected Funds 0 0 2 Transfers from Depositaries 9,278 21,250 1,073,727 Total Federal Reserve Account 15,742 35,770 8,514,008 Tax and Loan Note Accounts: FTD's Received (Table IV) 9,259 21,378 1,073,724 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 9,259 21,378 1,073,724 Total Deposits (excluding transfers) 15,722 35,897 8,514,006 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday July 05, 2011 (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 41 57 16,179 Defense Vendor Payments (EFT) 621 2,761 296,020 Education Department programs 425 1,054 178,724 Energy Department programs 88 320 32,065 Federal Employees Insurance Payments 320 481 50,115 Fed. Highway Administration programs 169 355 31,726 Federal Salaries (EFT) 201 703 134,046 Food and Nutrition Service (misc) 973 1,185 74,413 GSA programs 40 466 16,019 Health and Human Services Grants (misc) 269 651 77,321 Housing and Urban Development programs 361 2,902 60,120 Interest on Treasury Securities 1 714 150,830 Justice Department programs 120 176 13,052 Labor Dept. prgms (excl. unemployment) 51 205 12,041 Medicaid 732 2,536 214,962 Medicare 1,535 20,462 415,368 NASA programs 91 91 12,709 Postal Service Money Orders and Other 215 359 31,754 Public Debt Cash Redemp. (Table III-B) 827 10,574 5,382,137 Social Security Benefits (EFT) 50 22,194 469,122 Supple. Nutrition Assist. Program (SNAP) 17 30 3,765 Temporary Assistance for Needy Families (HHS) 92 121 14,707 Transportation Security Admin. (DHS) 0 0 563 Unemployment Insurance Benefits 527 717 92,466 Veterans Affairs programs 223 541 29,842 Other Withdrawals: Agency for Internat'l Development 57 124 10,605 Federal Financing Bank 235 268 6,831 Federal Transit Admin. 59 172 8,555 HHS: Indian Health Service 71 101 5,293 Interior 52 97 9,525 IRS Tax Refunds Business (EFT) 155 164 36,194 National Highway Traffic Safety Admin 3 3 647 Supple. Security Income Benefits (EFT) 85 2,962 29,421 Unclassified 2,548 3,854 310,276 Total, Other Withdrawals 3,265 24,951 935,499 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 11,253 94,604 8,745,563 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 9,278 21,250 1,073,727 Total Withdrawals (excluding transfers) 11,253 94,604 8,745,563 Net Change in Operating Cash Balance 4,470 -58,707 -231,557 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday July 05, 2011 (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 -1 3,808,662 Cash Management Series 0 0 518,012 Notes 0 0 1,496,247 Bonds 0 0 144,738 Inflation-Protected Securities Increment 403 529 20,815 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 9 16 1,360 Interest Increment 0 490 4,603 Government Account Series 152,526 328,025 44,360,624 Hope Bonds 0 0 1 Domestic Series 0 0 90 Foreign Series 0 0 1,100 State and Local Series 0 194 60,466 Other 698 1,397 126,118 Total Issues 153,635 330,650 50,542,837 (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 0 4,583,633 Notes 0 0 566,191 Bonds 0 0 1 Federal Financing Bank 0 0 1,798 Nonmarketable: United States Savings Securities 47 96 8,264 Government Account Series 152,855 320,130 44,377,633 Hope Bonds 0 0 0 Domestic Series 0 0 90 Foreign Series 0 500 2,100 State and Local Series 80 8,579 95,635 Other 700 1,400 126,081 Total Redemptions 153,682 330,704 49,761,427 Net Change in Public Debt Outstanding -46 -54 781,410 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday July 05, 2011 (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) 153,635 330,650 50,542,837 Premium on New Issues 0 0 4,852 Discount on New Issues: Bills (-) 0 0 1,915 Bonds and Notes (-) 0 0 7,199 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 152,526 328,025 44,360,124 Hope Bonds (-) 0 0 1 Interest Increment on United States Savings Securities (-) 0 490 4,603 Inflation-Protected Securities Increment 403 529 20,135 Total Public Debt Cash Issues Deposited in Federal Reserve Account 706 1,606 6,153,713 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 153,682 330,704 49,761,427 Premium on Debt Buyback Operation 0 0 0 Discount on Debt Buyback Operation (-) 0 0 0 Federal Financing Bank (-) 0 0 1,798 Government Account Transactions (-) 152,855 320,130 44,377,492 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 827 10,574 5,382,137 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday July 05, 2011 (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/$ 9,754,033 $ 9,761,785 $ 9,742,223 $ 9,022,808 Intragovernmental Holdings 4,589,001 4,581,294 4,600,864 4,538,815 Total Public Debt Outstanding 14,343,033 14,343,079 14,343,088 13,561,623 Less: Debt Not Subject to Limit: Other Debt 487 487 487 488 Unamortized Discount 39,647 39,692 39,703 39,574 Federal Financing Bank 8,441 8,441 8,441 10,239 Hope Bonds 493 493 493 493 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 10 10 13 10 Total Public Debt Subject to Limit 14,293,975 14,293,975 14,293,975 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 $5,000 million outstanding for securities issu ed to raise cash for the temporary Supplementary Financing Program (www.tre as.gov/press/releases/hp1144.htm). 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Tuesday July 05, 2011 (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 $ 12,237 $ 28,026 $ 1,344,294 Individual Income Taxes 27 51 27,422 Railroad Retirement Taxes 36 74 3,642 Excise Taxes 6 20 51,113 Corporation Income Taxes 71 514 184,355 Federal Unemployment Taxes 5 10 5,995 Estate and Gift Taxes & Misc IRS Rcpts. 2 11 2,065 Change in Balance of Unclassified Taxes 0 0 -245 Total 12,385 28,705 1,618,639 These Receipts were deposited in: Federal Reserve Account: Directly 46 310 31,857 Collector Depositaries 2,675 5,869 452,145 Tax and Loan Accounts 9,259 21,378 1,073,724 Inter-agency Transfers 405 1,149 60,913 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 60 $ 51 $ 1,890 $ 2,000 Deposits: Taxes Received (Table IV) 5 44 9,209 9,259 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 1,329 1,329 Depositary Initiated 4 10 7,935 7,950 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 61 85 1,835 1,981 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday July 05, 2011 (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 2/$ -1 $ 1,278 $ 322,230 Business 575 626 68,736 2/Reported as a negative amount due to a return/reversal of $2 million. 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 (FMS), Department of the Treasury. Note: The Daily Treasury Statement (DTS) is available by 4:00 p.m. the following business day on the FMS website www.fms.treas.gov/dts. For more information, call the Cash Forecasting Division at 202-874-9790.