1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday July 22, 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 $ 77,432 $ 83,542 $ 130,130 $ 107,888 Supplementary Financing Program 5,000 5,000 5,000 199,962 Tax and Loan Note Accounts (Table V) 2,004 1,991 1,853 1,983 Total Operating Balance 84,436 90,533 136,983 309,833 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday July 22, 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) 19 434 7,425 Air Transport Security Fees 1 18 1,732 Commodity Credit Corporation programs 36 622 7,998 Customs and Certain Excise Taxes 115 1,269 28,620 Deposits by States: Supplemental Security Income 5 80 3,643 Unemployment 121 906 40,062 Education Department programs 60 1,493 21,940 Energy Department programs 26 343 6,078 Estate and Gift Taxes 14 140 6,809 Federal Reserve Earnings 0 5,382 70,278 Foreign Deposits, Military Sales 7 2,420 17,670 FTD's Received (Table IV) 1,875 37,275 515,090 GSE MBS Purchase Program Income 0 10,520 76,735 Housing and Urban Development programs 2 171 2,330 Individual Income and Employment Taxes, Not Withheld 161 4,862 293,580 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 11 204 7,797 Postal Service 274 5,191 72,596 Public Debt Cash Issues (Table III-B) 721 332,647 6,484,754 Other Deposits: Medicare Premiums 303 1,634 18,760 Railroad Unemployment Ins. 1 4 128 Thrift Savings Plan Transfer 66 2,363 12,866 Total Other Deposits 370 8,639 173,239 Change in Balance of Uncollected Funds 1 0 2 Transfers from Depositaries 3,144 74,277 1,126,754 Total Federal Reserve Account 6,962 486,893 8,965,132 Tax and Loan Note Accounts: FTD's Received (Table IV) 3,157 74,428 1,126,774 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 3,157 74,428 1,126,774 Total Deposits (excluding transfers) 6,975 487,044 8,965,152 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday July 22, 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 11 260 16,383 Defense Vendor Payments (EFT) 1,990 21,849 315,108 Education Department programs 525 8,105 185,775 Energy Department programs 205 2,190 33,936 Federal Employees Insurance Payments 172 3,835 53,470 Fed. Highway Administration programs 235 2,741 34,112 Federal Salaries (EFT) 3,103 10,837 144,180 Food and Nutrition Service (misc) 302 6,430 79,658 GSA programs 21 1,258 16,811 Health and Human Services Grants (misc) 329 5,472 82,142 Housing and Urban Development programs 141 5,038 62,256 Interest on Treasury Securities 3 6,554 156,670 Justice Department programs 70 1,056 13,933 Labor Dept. prgms (excl. unemployment) 80 908 12,744 Medicaid 525 15,034 227,460 Medicare 1,828 38,530 433,436 NASA programs 43 1,164 13,782 Postal Service Money Orders and Other 114 2,312 33,707 Public Debt Cash Redemp. (Table III-B) 831 302,696 5,674,258 Social Security Benefits (EFT) 56 41,395 488,323 Supple. Nutrition Assist. Program (SNAP) 7 350 4,085 Temporary Assistance for Needy Families (HHS) 50 1,020 15,607 Transportation Security Admin. (DHS) 1 16 578 Unemployment Insurance Benefits 222 6,057 97,806 Veterans Affairs programs 128 2,204 31,504 Other Withdrawals: Deposit Insurance Fund 69 751 9,443 Interior 66 812 10,240 IRS Tax Refunds Business (EFT) 88 1,011 37,041 IRS Tax Refunds Individual (EFT) 411 1,642 237,229 Pmt. to Int'l Bk for Reconstruction 102 102 375 Unclassified 1,345 20,442 326,864 Total, Other Withdrawals 2,082 52,278 962,826 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 13,071 539,591 9,190,549 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 3,144 74,277 1,126,754 Total Withdrawals (excluding transfers) 13,071 539,591 9,190,549 Net Change in Operating Cash Balance -6,097 -52,547 -225,397 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday July 22, 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 -1 249,483 4,058,146 Cash Management Series 0 5,000 523,012 Notes 0 52,999 1,549,247 Bonds 0 13,000 157,738 Inflation-Protected Securities Increment 101 2,247 22,533 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 7 101 1,445 Interest Increment 1 495 4,608 Government Account Series 99,754 1,974,769 46,007,368 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 715 11,187 135,909 Total Issues 100,577 2,309,476 52,521,663 (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 0 279,491 4,863,124 Notes 0 0 566,191 Bonds 0 0 1 Federal Financing Bank 0 0 1,798 Nonmarketable: United States Savings Securities 50 718 8,886 Government Account Series 99,757 2,006,994 46,064,497 Hope Bonds 0 0 0 Domestic Series 0 0 90 Foreign Series 0 600 2,200 State and Local Series 61 10,712 97,768 Other 720 11,175 135,857 Total Redemptions 100,588 2,309,689 51,740,412 Net Change in Public Debt Outstanding -11 -214 781,251 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday July 22, 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) 100,577 2,309,476 52,521,663 Premium on New Issues 0 756 5,609 Discount on New Issues: Bills (-) 0 31 1,946 Bonds and Notes (-) 0 43 7,242 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 99,754 1,974,769 46,006,868 Hope Bonds (-) 0 0 1 Interest Increment on United States Savings Securities (-) 1 495 4,608 Inflation-Protected Securities Increment 101 2,247 21,853 Total Public Debt Cash Issues Deposited in Federal Reserve Account 721 332,647 6,484,754 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 100,588 2,309,689 51,740,412 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 (-) 99,757 2,006,994 46,064,356 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 831 302,696 5,674,258 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday July 22, 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/$ 9,748,189 $ 9,747,385 $ 9,742,223 $ 9,022,808 Intragovernmental Holdings 4,594,685 4,595,500 4,600,864 4,538,815 Total Public Debt Outstanding 14,342,874 14,342,885 14,343,088 13,561,623 Less: Debt Not Subject to Limit: Other Debt 487 487 487 488 Unamortized Discount 39,488 39,498 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 Friday July 22, 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 $ 5,482 $ 104,313 $ 1,420,581 Individual Income Taxes 15 344 27,715 Railroad Retirement Taxes 8 275 3,843 Excise Taxes 40 3,254 54,348 Corporation Income Taxes 107 7,871 191,711 Federal Unemployment Taxes 12 117 6,102 Estate and Gift Taxes & Misc IRS Rcpts. 27 73 2,117 Change in Balance of Unclassified Taxes 0 0 -245 Total 5,691 116,247 1,706,172 These Receipts were deposited in: Federal Reserve Account: Directly 150 2,172 33,710 Collector Depositaries 1,725 35,103 481,379 Tax and Loan Accounts 3,157 74,428 1,126,774 Inter-agency Transfers 659 4,544 64,308 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 13 $ 108 $ 1,870 $ 1,991 Deposits: Taxes Received (Table IV) 4 36 3,118 3,157 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 0 722 722 Depositary Initiated 1 12 2,410 2,422 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 16 132 1,856 2,004 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday July 22, 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 $ 936 $ 4,494 $ 325,445 Business 101 2,324 70,434 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.