1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday July 11, 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 $ 52,770 $ 52,040 $ 130,130 $ 107,888 Supplementary Financing Program 5,000 5,000 5,000 199,962 Tax and Loan Note Accounts (Table V) 1,986 1,987 1,853 1,983 Total Operating Balance 59,756 59,026 136,983 309,833 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday July 11, 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) 16 201 7,193 Air Transport Security Fees 0 7 1,721 Commodity Credit Corporation programs 51 293 7,669 Customs and Certain Excise Taxes 67 414 27,765 Deposits by States: Supplemental Security Income 3 33 3,596 Unemployment 32 177 39,332 Education Department programs 51 620 21,066 Energy Department programs 4 123 5,858 Estate and Gift Taxes 6 64 6,732 Federal Reserve Earnings 0 1,411 66,307 Foreign Deposits, Military Sales 6 2,166 17,416 FTD's Received (Table IV) 2,295 15,837 493,661 GSE MBS Purchase Program Income 0 0 66,215 Housing and Urban Development programs 1 52 2,211 Individual Income and Employment Taxes, Not Withheld 240 1,838 290,548 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 5 73 7,666 Postal Service 378 2,382 69,787 Public Debt Cash Issues (Table III-B) 716 87,426 6,239,532 Other Deposits: Federal Employees Insurance Receipt 57 195 2,649 Federal Housing Admin: Note Sales 156 750 12,046 Total Other Deposits 214 3,853 168,453 Change in Balance of Uncollected Funds -1 0 2 Transfers from Depositaries 7,854 38,242 1,090,719 Total Federal Reserve Account 11,937 155,211 8,633,450 Tax and Loan Note Accounts: FTD's Received (Table IV) 7,853 38,375 1,090,721 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 7,853 38,375 1,090,721 Total Deposits (excluding transfers) 11,937 155,344 8,633,452 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday July 11, 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 30 121 16,244 Defense Vendor Payments (EFT) 1,161 8,446 301,705 Education Department programs 638 3,481 181,152 Energy Department programs 117 858 32,603 Federal Employees Insurance Payments 381 1,643 51,278 Fed. Highway Administration programs 334 1,174 32,545 Federal Salaries (EFT) 1,405 5,710 139,053 Food and Nutrition Service (misc) 950 3,140 76,368 GSA programs 69 745 16,298 Health and Human Services Grants (misc) 387 2,153 78,824 Housing and Urban Development programs 130 3,587 60,805 Interest on Treasury Securities 2 721 150,837 Justice Department programs 81 493 13,370 Labor Dept. prgms (excl. unemployment) 63 428 12,264 Medicaid 642 6,925 219,350 Medicare 1,067 26,172 421,078 NASA programs 66 504 13,122 Postal Service Money Orders and Other 277 1,171 32,566 Public Debt Cash Redemp. (Table III-B) 791 105,649 5,477,212 Social Security Benefits (EFT) 53 22,371 469,299 Supple. Nutrition Assist. Program (SNAP) 31 142 3,877 Temporary Assistance for Needy Families (HHS) 56 305 14,892 Transportation Security Admin. (DHS) 1 7 570 Unemployment Insurance Benefits 457 2,453 94,202 Veterans Affairs programs 195 1,131 30,431 Other Withdrawals: Deposit Insurance Fund 130 214 8,905 HHS: Indian Health Service 69 229 5,421 Interior 56 274 9,702 IRS Tax Refunds Business (EFT) 92 298 36,328 National Highway Traffic Safety Admin 3 17 660 State Department 54 212 6,800 Unclassified 1,417 10,182 316,604 Total, Other Withdrawals 1,820 33,038 943,586 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 11,207 232,571 8,883,529 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 7,854 38,242 1,090,719 Total Withdrawals (excluding transfers) 11,207 232,571 8,883,529 Net Change in Operating Cash Balance 730 -77,227 -250,076 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday July 11, 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 0 82,783 3,891,446 Cash Management Series 0 0 518,012 Notes 0 0 1,496,247 Bonds 0 0 144,738 Inflation-Protected Securities Increment 303 1,135 21,421 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 9 42 1,386 Interest Increment 0 491 4,604 Government Account Series 147,624 924,485 44,957,084 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 707 4,419 129,141 Total Issues 148,643 1,013,548 51,225,735 (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 91,783 4,675,416 Notes 0 0 566,191 Bonds 0 0 1 Federal Financing Bank 0 0 1,798 Nonmarketable: United States Savings Securities 66 282 8,451 Government Account Series 147,885 908,009 44,965,512 Hope Bonds 0 0 0 Domestic Series 0 0 90 Foreign Series 0 500 2,100 State and Local Series 16 8,672 95,728 Other 709 4,412 129,094 Total Redemptions 148,676 1,013,658 50,444,381 Net Change in Public Debt Outstanding -34 -111 781,354 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday July 11, 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) 148,643 1,013,548 51,225,735 Premium on New Issues 0 0 4,852 Discount on New Issues: Bills (-) 0 11 1,926 Bonds and Notes (-) 0 0 7,199 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 147,624 924,485 44,956,584 Hope Bonds (-) 0 0 1 Interest Increment on United States Savings Securities (-) 0 491 4,604 Inflation-Protected Securities Increment 303 1,135 20,742 Total Public Debt Cash Issues Deposited in Federal Reserve Account 716 87,426 6,239,532 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 148,676 1,013,658 50,444,381 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 (-) 147,885 908,009 44,965,371 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 791 105,649 5,477,212 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday July 11, 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/$ 9,744,963 $ 9,749,085 $ 9,742,223 $ 9,022,808 Intragovernmental Holdings 4,598,014 4,593,926 4,600,864 4,538,815 Total Public Debt Outstanding 14,342,977 14,343,011 14,343,088 13,561,623 Less: Debt Not Subject to Limit: Other Debt 487 487 487 488 Unamortized Discount 39,591 39,624 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 Monday July 11, 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 $ 10,958 $ 56,235 $ 1,372,502 Individual Income Taxes 23 124 27,495 Railroad Retirement Taxes 43 174 3,742 Excise Taxes 64 211 51,304 Corporation Income Taxes 86 944 184,784 Federal Unemployment Taxes 6 32 6,017 Estate and Gift Taxes & Misc IRS Rcpts. 2 33 2,088 Change in Balance of Unclassified Taxes 0 0 -245 Total 11,183 57,753 1,647,687 These Receipts were deposited in: Federal Reserve Account: Directly 33 536 32,083 Collector Depositaries 2,262 15,301 461,578 Tax and Loan Accounts 7,853 38,375 1,090,721 Inter-agency Transfers 1,035 3,541 63,305 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 63 $ 62 $ 1,861 $ 1,987 Deposits: Taxes Received (Table IV) 3 31 7,819 7,853 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 0 864 864 Depositary Initiated 3 6 6,981 6,989 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 64 87 1,835 1,986 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday July 11, 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/$ -2 $ 2,475 $ 323,427 Business 110 793 68,903 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.