1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday August 25, 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 $ 19,654 $ 10,896 $ 65,172 $ 107,888 Supplementary Financing Program 0 0 0 199,962 Tax and Loan Note Accounts (Table V) 1,981 2,010 2,004 1,983 Total Operating Balance 21,635 12,905 67,175 309,833 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday August 25, 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) 17 415 8,109 Air Transport Security Fees 3 24 1,934 Commodity Credit Corporation programs 35 551 8,761 Customs and Certain Excise Taxes 59 3,208 33,955 Deposits by States: Supplemental Security Income 2 64 4,043 Unemployment 29 7,440 48,815 Education Department programs 75 2,171 24,898 Energy Department programs 58 1,739 8,155 Estate and Gift Taxes 7 152 7,005 Federal Reserve Earnings 0 4,033 76,000 Foreign Deposits, Military Sales 110 1,356 19,150 FTD's Received (Table IV) 602 40,743 566,472 GSE MBS Purchase Program Income 1,093 12,833 90,783 Housing and Urban Development programs 6 181 2,553 Individual Income and Employment Taxes, Not Withheld 145 4,590 299,463 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 3 833 8,746 Postal Service 277 6,325 80,467 Public Debt Cash Issues (Table III-B) 123,083 627,129 7,235,533 Other Deposits: Medicare Premiums 164 1,730 20,881 TARP 247 3,268 84,379 Thrift Savings Plan Transfer 188 2,958 18,291 Total Other Deposits 600 10,529 187,499 Change in Balance of Uncollected Funds -1 1 1 Transfers from Depositaries 1,319 81,248 1,226,937 Total Federal Reserve Account 127,520 805,565 9,939,282 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,291 81,226 1,226,935 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 1,291 81,226 1,226,935 Total Deposits (excluding transfers) 127,492 805,543 9,939,280 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday August 25, 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 18 517 17,004 Defense Vendor Payments (EFT) 1,682 28,056 352,622 Education Department programs 1,530 20,297 209,842 Energy Department programs 178 2,704 37,806 Federal Employees Insurance Payments 498 5,101 60,252 Fed. Highway Administration programs 241 4,029 39,157 Federal Salaries (EFT) 838 13,555 160,854 Food and Nutrition Service (misc) 186 6,776 87,550 GSA programs 128 1,640 18,770 Health and Human Services Grants (misc) 385 6,437 91,239 Housing and Urban Development programs 204 5,788 68,870 Interest on Treasury Securities 0 38,114 194,786 Justice Department programs 33 1,193 15,367 Labor Dept. prgms (excl. unemployment) 83 964 14,103 Medicaid 1,434 17,226 248,192 Medicare 1,566 44,511 485,907 NASA programs 55 1,306 15,402 Postal Service Money Orders and Other 136 2,830 37,471 Public Debt Cash Redemp. (Table III-B) 107,008 523,656 6,322,907 Social Security Benefits (EFT) 50 51,262 549,206 Supple. Nutrition Assist. Program (SNAP) 9 447 4,635 Temporary Assistance for Needy Families (HHS) -11 1,306 17,369 Transportation Security Admin. (DHS) 1 18 621 Unemployment Insurance Benefits 267 7,537 107,394 Veterans Affairs programs 114 2,707 34,776 Other Withdrawals: Emergency Prep & Response (DHS) 54 770 8,737 Federal Transit Admin. 91 1,430 10,544 IRS Tax Refunds Business (EFT) 59 1,358 38,619 National Highway Traffic Safety Admin 2 55 757 Tennessee Valley Authority (net) 500 -510 -657 Veterans Benefits (EFT) 50 4,391 42,752 Unclassified 1,375 24,548 356,657 Total, Other Withdrawals 2,131 63,108 1,035,375 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 118,763 851,083 10,227,478 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 1,319 81,248 1,226,937 Total Withdrawals (excluding transfers) 118,763 851,083 10,227,478 Net Change in Operating Cash Balance 8,730 -45,540 -288,198 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday August 25, 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 121,954 390,455 4,543,549 Cash Management Series 0 40,002 575,014 Notes 0 159,662 1,721,909 Bonds 0 16,490 174,227 Inflation-Protected Securities Increment -24 -257 23,011 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 5 122 1,604 Interest Increment 1 487 5,097 Government Account Series 269,846 4,635,391 51,201,379 Hope Bonds 0 0 1 Domestic Series 0 0 90 Foreign Series 0 0 1,100 State and Local Series 116 6,188 66,654 Other 1,040 14,557 154,177 Total Issues 392,938 5,263,096 58,467,814 (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 105,942 409,442 5,393,506 Notes 0 86,518 652,709 Bonds 0 0 2 Federal Financing Bank 0 0 1,798 Nonmarketable: United States Savings Securities 40 963 10,094 Government Account Series 271,489 4,428,261 51,051,325 Hope Bonds 0 0 0 Domestic Series 0 0 90 Foreign Series 0 100 2,300 State and Local Series 12 12,144 109,984 Other 1,013 14,489 154,083 Total Redemptions 378,497 4,951,917 57,375,889 Net Change in Public Debt Outstanding 14,441 311,179 1,091,925 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday August 25, 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) 392,938 5,263,096 58,467,814 Premium on New Issues 0 0 5,609 Discount on New Issues: Bills (-) 33 87 2,091 Bonds and Notes (-) 0 259 7,518 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 269,846 4,635,391 51,200,879 Hope Bonds (-) 0 0 1 Interest Increment on United States Savings Securities (-) 1 487 5,097 Inflation-Protected Securities Increment -24 -257 22,303 Total Public Debt Cash Issues Deposited in Federal Reserve Account 123,083 627,129 7,235,533 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 378,497 4,951,917 57,375,889 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 (-) 271,489 4,428,261 51,051,184 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 107,008 523,656 6,322,907 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday August 25, 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 $ 9,989,044 $ 9,973,600 $ 9,755,796 $ 9,022,808 Intragovernmental Holdings 4,664,504 4,665,508 4,586,574 4,538,815 Total Public Debt Outstanding 14,653,548 14,639,107 14,342,369 13,561,623 Less: Debt Not Subject to Limit: Other Debt 487 487 487 488 Unamortized Discount 38,799 38,777 38,983 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 10 10 Total Public Debt Subject to Limit 14,605,337 14,590,918 14,293,975 13,510,840 Statutory Debt Limit 14,694,000 14,694,000 14,294,000 14,294,000 Act of August 2, 2011, permanently increased the statutory debt limit to $14,694 billion. Unamortized Discount represents the discount adjustment on Treasury bills and zero-coupon bonds (amortization is calculated daily). 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Thursday August 25, 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 $ 1,724 $ 119,455 $ 1,567,940 Individual Income Taxes 20 375 28,191 Railroad Retirement Taxes 33 338 4,285 Excise Taxes 346 3,404 60,599 Corporation Income Taxes 20 3,339 195,252 Federal Unemployment Taxes 1 638 7,026 Estate and Gift Taxes & Misc IRS Rcpts. 1/ -6 63 2,157 Change in Balance of Unclassified Taxes 0 0 -245 Total 2,138 127,611 1,865,205 These Receipts were deposited in: Federal Reserve Account: Directly 20 2,660 37,583 Collector Depositaries 582 38,083 528,889 Tax and Loan Accounts 1,291 81,226 1,226,935 Inter-agency Transfers 245 5,642 71,798 1/Includes a reclassification of $16 million from Misc IRS Rcpts to Individua l Income and Employment Taxes, Not Withheld. TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 29 $ 109 $ 1,871 $ 2,010 Deposits: Taxes Received (Table IV) 1 17 1,273 1,291 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 0 487 487 Depositary Initiated 0 6 827 833 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 30 121 1,830 1,981 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday August 25, 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 $ 12 $ 3,110 $ 329,549 Business 83 3,176 74,401 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.