1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday December 08, 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 $ 18,700 $ 21,747 $ 85,605 $ 56,284 Supplementary Financing Program 0 0 0 0 Tax and Loan Note Accounts (Table V) 2,008 2,024 1,999 1,805 Total Operating Balance 20,709 23,771 87,604 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday December 08, 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) 9 184 1,689 Air Transport Security Fees 0 8 399 Commodity Credit Corporation programs 28 205 1,176 Customs and Certain Excise Taxes 62 417 7,287 Deposits by States: Supplemental Security Income 2 17 767 Unemployment 22 145 7,213 Education Department programs 124 671 5,618 Energy Department programs 6 62 1,312 Estate and Gift Taxes 38 127 2,214 Federal Reserve Earnings 0 1,170 11,748 Foreign Deposits, Military Sales 7 1,314 4,527 FTD's Received (Table IV) 720 12,374 110,729 GSE MBS Purchase Program Income 0 0 25,327 Housing and Urban Development programs 3 49 447 Individual Income and Employment Taxes, Not Withheld 238 1,373 18,958 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 12 73 1,082 Postal Service 368 2,480 17,446 Public Debt Cash Issues (Table III-B) 94,792 197,614 1,431,429 Other Deposits: Federal Housing Admin: Note Sales 170 705 3,297 Total Other Deposits 170 2,333 24,597 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 1,551 27,786 215,677 Total Federal Reserve Account 98,152 248,404 1,889,647 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,535 27,796 215,880 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 1,535 27,796 215,880 Total Deposits (excluding transfers) 98,137 248,414 1,889,850 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday December 08, 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 86 543 8,226 Defense Vendor Payments (EFT) 1,724 8,702 70,089 Education Department programs 505 2,650 31,974 Energy Department programs 157 951 8,128 Federal Employees Insurance Payments 385 1,581 13,134 Fed. Highway Administration programs 380 1,495 9,454 Federal Salaries (EFT) 92 2,085 30,934 Food and Nutrition Service (misc) 373 2,266 19,157 GSA programs 64 974 4,442 Health and Human Services Grants (misc) 798 2,557 19,479 Housing and Urban Development programs 174 3,534 16,025 Interest on Treasury Securities 1 461 43,709 Justice Department programs 78 391 3,331 Labor Dept. prgms (excl. unemployment) 51 328 2,656 Medicaid 1,396 6,644 45,813 Medicare 964 22,550 98,065 NASA programs 241 644 3,146 Postal Service Money Orders and Other 163 977 7,762 Public Debt Cash Redemp. (Table III-B) 91,507 196,727 1,174,647 Social Security Benefits (EFT) 51 22,667 126,135 Supple. Nutrition Assist. Program (SNAP) 19 103 941 Temporary Assistance for Needy Families (HHS) 53 342 3,465 Transportation Security Admin. (DHS) 1 29 209 Unemployment Insurance Benefits 312 2,236 18,006 Veterans Affairs programs 128 1,262 7,971 Other Withdrawals: Agency for Internat'l Development 54 230 2,975 Centers for Disease Control 57 169 1,143 Emergency Prep & Response (DHS) 55 308 3,106 Environmental Protection Agency 74 204 1,267 Federal Aviation Administration 52 186 1,559 Federal Crop Ins. Corp. 63 346 3,077 Federal Transit Admin. 153 420 2,661 Interior 85 269 2,362 International Monetary Fund 157 165 330 Unclassified 744 9,484 67,340 Total, Other Withdrawals 1,495 32,610 160,335 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 101,199 315,309 1,927,231 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 1,551 27,786 215,677 Total Withdrawals (excluding transfers) 101,199 315,309 1,927,231 Net Change in Operating Cash Balance -3,062 -66,896 -37,381 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday December 08, 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 93,427 190,715 985,589 Cash Management Series 0 0 10,000 Notes 0 0 331,030 Bonds 0 0 37,489 Inflation-Protected Securities Increment -48 -305 3,041 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 11 67 806 Interest Increment 1 517 1,604 Government Account Series 228,394 1,459,928 11,570,233 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 333 1,823 24,927 Other 1,028 5,029 38,137 Total Issues 323,145 1,657,773 13,002,858 (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 90,420 184,709 954,611 Notes 0 0 153,067 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 52 254 1,774 Government Account Series 226,875 1,520,384 11,567,391 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 6,746 27,016 Other 1,034 5,019 38,178 Total Redemptions 318,382 1,717,111 12,742,037 Net Change in Public Debt Outstanding 4,763 -59,338 260,821 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday December 08, 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) 323,145 1,657,773 13,002,858 Premium on New Issues 0 0 4,234 Discount on New Issues: Bills (-) 7 20 142 Bonds and Notes (-) 0 0 1,043 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 228,394 1,459,928 11,570,233 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 517 1,604 Inflation-Protected Securities Increment -48 -305 2,640 Total Public Debt Cash Issues Deposited in Federal Reserve Account 94,792 197,614 1,431,429 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 318,382 1,717,111 12,742,037 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 (-) 226,875 1,520,384 11,567,391 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 91,507 196,727 1,174,647 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday December 08, 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 $ 10,392,392 $ 10,388,926 $ 10,389,958 $ 10,127,031 Intragovernmental Holdings 4,658,769 4,657,472 4,720,541 4,663,309 Total Public Debt Outstanding 15,051,161 15,046,398 15,110,499 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 33,543 33,542 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 15,008,207 15,003,445 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 Thursday December 08, 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 $ 2,716 $ 41,437 $ 313,094 Individual Income Taxes 13 114 1,575 Railroad Retirement Taxes 1 74 802 Excise Taxes 30 254 11,515 Corporation Income Taxes 101 419 14,509 Federal Unemployment Taxes 1 7 580 Estate and Gift Taxes & Misc IRS Rcpts. 7 39 78 Change in Balance of Unclassified Taxes 0 0 0 Total 2,869 42,345 342,154 These Receipts were deposited in: Federal Reserve Account: Directly 37 331 6,871 Collector Depositaries 683 12,043 103,858 Tax and Loan Accounts 1,535 27,796 215,880 Inter-agency Transfers 614 2,175 15,545 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 4 $ 45 $ 1,976 $ 2,024 Deposits: Taxes Received (Table IV) 2 16 1,517 1,535 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 0 486 486 Depositary Initiated 0 2 1,062 1,065 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 5 58 1,945 2,008 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday December 08, 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 $ 28 $ 172 $ 18,111 Business 20 863 14,253 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.