1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday December 07, 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 $ 21,747 $ 19,891 $ 85,605 $ 56,284 Supplementary Financing Program 0 0 0 0 Tax and Loan Note Accounts (Table V) 2,024 1,949 1,999 1,805 Total Operating Balance 23,771 21,841 87,604 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday December 07, 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) 11 175 1,680 Air Transport Security Fees 5 8 398 Commodity Credit Corporation programs 24 176 1,148 Customs and Certain Excise Taxes 73 355 7,225 Deposits by States: Supplemental Security Income 3 16 765 Unemployment 21 124 7,191 Education Department programs 56 548 5,495 Energy Department programs 14 56 1,305 Estate and Gift Taxes 20 89 2,176 Federal Reserve Earnings 1,170 1,170 11,748 Foreign Deposits, Military Sales 2 1,307 4,520 FTD's Received (Table IV) 4,299 11,655 110,009 GSE MBS Purchase Program Income 0 0 25,327 Housing and Urban Development programs 1 46 444 Individual Income and Employment Taxes, Not Withheld 421 1,136 18,720 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 7 61 1,069 Postal Service 423 2,113 17,079 Public Debt Cash Issues (Table III-B) 1,487 102,822 1,336,637 Other Deposits: Federal Housing Admin: Note Sales 151 535 3,126 TARP 145 148 1,912 Thrift Savings Plan Transfer 169 1,149 8,247 Total Other Deposits 465 2,163 24,427 Change in Balance of Uncollected Funds 1 -1 5 Transfers from Depositaries 3,744 26,235 214,126 Total Federal Reserve Account 12,248 150,252 1,791,495 Tax and Loan Note Accounts: FTD's Received (Table IV) 3,819 26,260 214,344 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 3,819 26,260 214,344 Total Deposits (excluding transfers) 12,322 150,277 1,791,713 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday December 07, 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 71 457 8,140 Defense Vendor Payments (EFT) 1,657 6,977 68,365 Education Department programs 482 2,145 31,469 Energy Department programs 189 794 7,970 Federal Employees Insurance Payments 504 1,197 12,749 Fed. Highway Administration programs 90 1,114 9,073 Federal Salaries (EFT) 51 1,992 30,841 Food and Nutrition Service (misc) 384 1,893 18,783 GSA programs 240 910 4,378 Health and Human Services Grants (misc) 341 1,760 18,682 Housing and Urban Development programs 190 3,360 15,850 Interest on Treasury Securities 1 460 43,708 Justice Department programs 41 313 3,253 Labor Dept. prgms (excl. unemployment) 42 277 2,605 Medicaid 1,083 5,248 44,417 Medicare 1,499 21,586 97,101 NASA programs 56 403 2,905 Postal Service Money Orders and Other 146 814 7,600 Public Debt Cash Redemp. (Table III-B) 777 105,220 1,083,140 Social Security Benefits (EFT) 30 22,617 126,085 Supple. Nutrition Assist. Program (SNAP) 7 85 922 Temporary Assistance for Needy Families (HHS) 32 289 3,412 Transportation Security Admin. (DHS) 1 29 208 Unemployment Insurance Benefits 485 1,924 17,694 Veterans Affairs programs 201 1,134 7,843 Other Withdrawals: Centers for Disease Control 68 112 1,086 Emergency Prep & Response (DHS) 64 252 3,051 Federal Crop Ins. Corp. 53 283 3,014 Federal Transit Admin. 83 268 2,508 Unclassified 1,527 8,738 66,594 Total, Other Withdrawals 1,795 31,114 158,839 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 10,392 214,110 1,826,032 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 3,744 26,235 214,126 Total Withdrawals (excluding transfers) 10,392 214,110 1,826,032 Net Change in Operating Cash Balance 1,930 -63,834 -34,319 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday December 07, 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 97,288 892,163 Cash Management Series 0 0 10,000 Notes 0 0 331,030 Bonds 0 0 37,489 Inflation-Protected Securities Increment -48 -257 3,089 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 10 56 795 Interest Increment 1 517 1,604 Government Account Series 222,357 1,231,534 11,341,840 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 745 1,490 24,594 Other 732 4,001 37,109 Total Issues 223,796 1,334,628 12,679,713 (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 94,288 864,191 Notes 0 0 153,067 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 37 202 1,722 Government Account Series 248,247 1,293,509 11,340,515 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 7 6,746 27,016 Other 733 3,985 37,144 Total Redemptions 249,023 1,398,729 12,423,655 Net Change in Public Debt Outstanding -25,227 -64,101 256,057 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday December 07, 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) 223,796 1,334,628 12,679,713 Premium on New Issues 0 0 4,234 Discount on New Issues: Bills (-) 0 12 135 Bonds and Notes (-) 0 0 1,043 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 222,357 1,231,534 11,341,840 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 517 1,604 Inflation-Protected Securities Increment -48 -257 2,688 Total Public Debt Cash Issues Deposited in Federal Reserve Account 1,487 102,822 1,336,637 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 249,023 1,398,729 12,423,655 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 (-) 248,247 1,293,509 11,340,515 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 777 105,220 1,083,140 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday December 07, 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 $ 10,388,926 $ 10,388,145 $ 10,389,958 $ 10,127,031 Intragovernmental Holdings 4,657,472 4,683,480 4,720,541 4,663,309 Total Public Debt Outstanding 15,046,398 15,071,625 15,110,499 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 33,542 33,548 33,572 34,376 Federal Financing Bank 8,441 8,441 8,441 8,441 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 15,003,445 15,028,666 15,067,516 14,746,553 Statutory Debt Limit 15,194,000 15,194,000 15,194,000 15,194,000 Act of 8/2/11, operated to permanently increase the statutory debt limit to $15,194 billion after 9/21/11. 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 Wednesday December 07, 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 $ 7,950 $ 38,721 $ 310,378 Individual Income Taxes 16 101 1,562 Railroad Retirement Taxes 4 74 802 Excise Taxes 36 224 11,485 Corporation Income Taxes 119 318 14,408 Federal Unemployment Taxes 2 6 578 Estate and Gift Taxes & Misc IRS Rcpts. 0 31 71 Change in Balance of Unclassified Taxes 0 0 0 Total 8,128 39,476 339,285 These Receipts were deposited in: Federal Reserve Account: Directly 65 295 6,834 Collector Depositaries 4,235 11,360 103,175 Tax and Loan Accounts 3,819 26,260 214,344 Inter-agency Transfers 10 1,561 14,931 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 51 $ 145 $ 1,753 $ 1,949 Deposits: Taxes Received (Table IV) 5 55 3,760 3,819 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 51 145 434 629 Depositary Initiated 1 10 3,104 3,114 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 4 45 1,976 2,024 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday December 07, 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 $ 11 $ 144 $ 18,083 Business 51 844 14,234 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.