1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday December 13, 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 $ 27,836 $ 32,270 $ 85,605 $ 56,284 Supplementary Financing Program 0 0 0 0 Tax and Loan Note Accounts (Table V) 2,032 2,037 1,999 1,805 Total Operating Balance 29,868 34,308 87,604 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday December 13, 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) 23 387 1,892 Air Transport Security Fees 2 11 401 Commodity Credit Corporation programs 29 308 1,279 Customs and Certain Excise Taxes 87 648 7,518 Deposits by States: Supplemental Security Income 2 23 773 Unemployment 12 197 7,265 Education Department programs 105 965 5,912 Energy Department programs 4 81 1,330 Estate and Gift Taxes 52 285 2,372 Federal Reserve Earnings 0 1,170 11,748 Foreign Deposits, Military Sales 5 1,372 4,586 FTD's Received (Table IV) 1,342 18,703 117,057 GSE MBS Purchase Program Income 0 14,092 39,419 Housing and Urban Development programs 41 96 494 Individual Income and Employment Taxes, Not Withheld 306 2,256 19,841 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 16 112 1,121 Postal Service 452 3,711 18,677 Public Debt Cash Issues (Table III-B) 1,560 200,742 1,434,557 Other Deposits: Total Other Deposits 0 2,640 24,904 Change in Balance of Uncollected Funds 0 -1 5 Transfers from Depositaries 1,815 42,837 230,727 Total Federal Reserve Account 5,854 290,633 1,931,876 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,809 42,870 230,953 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 1,809 42,870 230,953 Total Deposits (excluding transfers) 5,848 290,666 1,932,103 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday December 13, 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 46 789 8,472 Defense Vendor Payments (EFT) 1,641 13,272 74,660 Education Department programs 491 4,159 33,483 Energy Department programs 142 1,401 8,578 Federal Employees Insurance Payments 250 2,288 13,840 Fed. Highway Administration programs 112 1,796 9,755 Federal Salaries (EFT) 490 7,170 36,019 Food and Nutrition Service (misc) 480 4,137 21,028 GSA programs 60 1,121 4,589 Health and Human Services Grants (misc) 391 3,811 20,733 Housing and Urban Development programs 138 3,979 16,469 Interest on Treasury Securities 1 464 43,712 Justice Department programs 92 651 3,591 Labor Dept. prgms (excl. unemployment) 33 458 2,786 Medicaid 1,044 9,262 48,432 Medicare 1,304 25,106 100,621 NASA programs 40 759 3,260 Postal Service Money Orders and Other 155 1,561 8,346 Public Debt Cash Redemp. (Table III-B) 809 199,209 1,177,128 Social Security Benefits (EFT) 36 22,777 126,245 Supple. Nutrition Assist. Program (SNAP) 10 160 998 Temporary Assistance for Needy Families (HHS) 32 445 3,568 Transportation Security Admin. (DHS) 1 32 211 Unemployment Insurance Benefits 636 3,377 19,147 Veterans Affairs programs 135 1,757 8,466 Other Withdrawals: Agriculture 147 441 2,107 Export-Import Bank 51 144 1,507 Federal Crop Ins. Corp. 64 571 3,302 Federal Railroad Admin. 74 138 449 IRS Tax Refunds Business (EFT) 103 706 5,965 State Department 55 346 2,096 Treasury Department programs 76 76 545 Veterans Benefits (EFT) 58 3,925 8,398 Unclassified 1,092 13,138 70,994 Total, Other Withdrawals 1,719 38,464 166,189 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 10,288 348,402 1,960,324 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 1,815 42,837 230,727 Total Withdrawals (excluding transfers) 10,288 348,402 1,960,324 Net Change in Operating Cash Balance -4,440 -57,736 -28,222 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday December 13, 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 5 190,719 985,594 Cash Management Series 0 0 10,000 Notes 0 0 331,030 Bonds 0 0 37,489 Inflation-Protected Securities Increment -49 -548 2,798 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 15 106 845 Interest Increment 1 519 1,606 Government Account Series 219,877 2,122,559 12,232,865 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 812 2,723 25,827 Other 728 7,213 40,322 Total Issues 221,389 2,323,291 13,668,376 (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 0 184,709 954,611 Notes 0 0 153,067 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 61 494 2,014 Government Account Series 214,323 2,174,307 12,221,314 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 14 6,779 27,049 Other 734 7,227 40,387 Total Redemptions 215,133 2,373,516 13,398,442 Net Change in Public Debt Outstanding 6,256 -50,224 269,934 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday December 13, 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) 221,389 2,323,291 13,668,376 Premium on New Issues 0 0 4,234 Discount on New Issues: Bills (-) 0 20 142 Bonds and Notes (-) 0 0 1,043 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 219,877 2,122,559 12,232,865 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 519 1,606 Inflation-Protected Securities Increment -49 -548 2,397 Total Public Debt Cash Issues Deposited in Federal Reserve Account 1,560 200,742 1,434,557 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 215,133 2,373,516 13,398,442 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 (-) 214,323 2,174,307 12,221,314 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 809 199,209 1,177,128 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday December 13, 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 $ 10,393,084 $ 10,392,040 $ 10,389,958 $ 10,127,031 Intragovernmental Holdings 4,667,190 4,661,978 4,720,541 4,663,309 Total Public Debt Outstanding 15,060,274 15,054,018 15,110,499 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 33,513 33,519 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 15,017,350 15,011,088 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 Tuesday December 13, 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 $ 1,776 $ 61,249 $ 332,906 Individual Income Taxes 20 206 1,667 Railroad Retirement Taxes 2 155 883 Excise Taxes 181 966 12,227 Corporation Income Taxes 1,355 2,458 16,548 Federal Unemployment Taxes 1 13 585 Estate and Gift Taxes & Misc IRS Rcpts. 0 43 83 Change in Balance of Unclassified Taxes 0 0 0 Total 3,335 65,088 364,897 These Receipts were deposited in: Federal Reserve Account: Directly 221 621 7,161 Collector Depositaries 1,122 18,082 109,896 Tax and Loan Accounts 1,809 42,870 230,953 Inter-agency Transfers 184 3,516 16,887 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 11 $ 112 $ 1,914 $ 2,037 Deposits: Taxes Received (Table IV) 3 26 1,779 1,809 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 0 630 630 Depositary Initiated 1 11 1,173 1,185 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 14 127 1,891 2,032 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday December 13, 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 $ 8 $ 706 $ 18,646 Business 450 1,571 14,961 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.