1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday December 19, 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 $ 118,682 $ 113,655 $ 85,605 $ 56,284 Supplementary Financing Program 0 0 0 0 Tax and Loan Note Accounts (Table V) 1,974 2,022 1,999 1,805 Total Operating Balance 120,656 115,677 87,604 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday December 19, 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) 20 493 1,997 Air Transport Security Fees 0 13 404 Commodity Credit Corporation programs 29 423 1,395 Customs and Certain Excise Taxes 76 992 7,862 Deposits by States: Supplemental Security Income 3 31 781 Unemployment 12 271 7,339 Education Department programs 72 1,343 6,290 Energy Department programs 14 129 1,378 Estate and Gift Taxes 83 479 2,566 Federal Reserve Earnings 0 2,720 13,297 Foreign Deposits, Military Sales 205 2,070 5,283 FTD's Received (Table IV) 2,592 46,036 144,390 GSE MBS Purchase Program Income 0 15,036 40,363 Housing and Urban Development programs 2 102 501 Individual Income and Employment Taxes, Not Withheld 356 3,758 21,343 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 7 171 1,180 Postal Service 427 5,229 20,195 Public Debt Cash Issues (Table III-B) 751 396,453 1,630,268 Other Deposits: Defense Finance & Accounting Service 57 379 1,578 Interior: Bureau of Land Management 69 101 223 Maritime Administration 249 386 392 Thrift Savings Plan Transfer 502 1,860 8,958 Total Other Deposits 878 3,850 26,114 Change in Balance of Uncollected Funds 0 -1 4 Transfers from Depositaries 10,078 103,807 291,697 Total Federal Reserve Account 15,605 583,404 2,224,647 Tax and Loan Note Accounts: FTD's Received (Table IV) 10,030 103,782 291,866 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 10,030 103,782 291,866 Total Deposits (excluding transfers) 15,558 583,380 2,224,816 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday December 19, 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 1,131 8,814 Defense Vendor Payments (EFT) 1,764 19,894 81,281 Education Department programs 905 6,590 35,914 Energy Department programs 143 2,093 9,269 Federal Employees Insurance Payments 292 3,336 14,889 Fed. Highway Administration programs 68 2,537 10,496 Federal Salaries (EFT) 110 8,408 37,257 Food and Nutrition Service (misc) 893 6,269 23,159 GSA programs 49 1,337 4,805 Health and Human Services Grants (misc) 298 5,271 22,193 Housing and Urban Development programs 265 4,863 17,353 Interest on Treasury Securities 1 1,684 44,932 Justice Department programs 76 901 3,841 Labor Dept. prgms (excl. unemployment) 29 770 3,098 Medicaid 377 12,745 51,915 Medicare 1,424 30,395 105,910 NASA programs 101 1,055 3,557 Postal Service Money Orders and Other 176 2,095 8,880 Public Debt Cash Redemp. (Table III-B) 1,028 349,258 1,327,178 Social Security Benefits (EFT) 40 32,852 136,319 Supple. Nutrition Assist. Program (SNAP) 32 273 1,111 Temporary Assistance for Needy Families (HHS) 21 769 3,892 Transportation Security Admin. (DHS) 1 81 261 Unemployment Insurance Benefits 331 4,681 20,451 Veterans Affairs programs 175 2,329 9,038 Other Withdrawals: Agriculture 51 604 2,270 Centers for Disease Control 51 339 1,312 Deposit Insurance Fund 317 593 1,715 Emergency Prep & Response (DHS) 72 855 3,654 Federal Aviation Administration 60 440 1,813 Federal Crop Ins. Corp. 106 915 3,646 Interior 82 709 2,801 International Monetary Fund 158 352 517 U.S. District Courts (net) -50 -431 -984 Unclassified 1,061 17,319 75,174 Total, Other Withdrawals 1,907 48,710 176,435 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 10,578 550,328 2,162,250 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 10,078 103,807 291,697 Total Withdrawals (excluding transfers) 10,578 550,328 2,162,250 Net Change in Operating Cash Balance 4,980 33,052 62,567 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday December 19, 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 0 312,672 1,107,547 Cash Management Series 0 0 10,000 Notes 0 54,940 385,969 Bonds 0 13,476 50,965 Inflation-Protected Securities Increment -146 -839 2,508 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 14 153 891 Interest Increment 0 521 1,608 Government Account Series 218,451 2,995,359 13,105,665 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 3 4,396 27,500 Other 734 10,477 43,586 Total Issues 219,057 3,391,155 14,736,240 (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 0 300,644 1,070,547 Notes 0 28,841 181,908 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 61 631 2,151 Government Account Series 213,472 3,048,341 13,095,348 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 219 8,650 28,920 Other 748 10,492 43,652 Total Redemptions 214,500 3,397,599 14,422,525 Net Change in Public Debt Outstanding 4,557 -6,444 313,714 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday December 19, 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) 219,057 3,391,155 14,736,240 Premium on New Issues 0 534 4,768 Discount on New Issues: Bills (-) 0 54 177 Bonds and Notes (-) 0 140 1,183 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 218,451 2,995,359 13,105,665 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 521 1,608 Inflation-Protected Securities Increment -146 -839 2,106 Total Public Debt Cash Issues Deposited in Federal Reserve Account 751 396,453 1,630,268 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 214,500 3,397,599 14,422,525 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 (-) 213,472 3,048,341 13,095,348 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 1,028 349,258 1,327,178 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday December 19, 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 $ 10,438,496 $ 10,438,213 $ 10,389,958 $ 10,127,031 Intragovernmental Holdings 4,665,559 4,661,285 4,720,541 4,663,309 Total Public Debt Outstanding 15,104,055 15,099,497 15,110,499 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 33,511 33,529 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 15,061,133 15,056,557 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 Monday December 19, 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 $ 12,085 $ 100,293 $ 371,949 Individual Income Taxes 39 642 2,103 Railroad Retirement Taxes 26 233 961 Excise Taxes 11 3,100 14,361 Corporation Income Taxes 471 49,258 63,348 Federal Unemployment Taxes 3 24 596 Estate and Gift Taxes & Misc IRS Rcpts. 2 52 92 Change in Balance of Unclassified Taxes 0 0 0 Total 12,637 153,601 453,410 These Receipts were deposited in: Federal Reserve Account: Directly 34 1,656 8,195 Collector Depositaries 2,558 44,380 136,195 Tax and Loan Accounts 10,030 103,782 291,866 Inter-agency Transfers 15 3,783 17,154 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 31 $ 156 $ 1,835 $ 2,022 Deposits: Taxes Received (Table IV) 5 43 9,982 10,030 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 0 156 1,168 1,324 Depositary Initiated 3 9 8,742 8,754 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 34 34 1,906 1,974 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday December 19, 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 $ 1,237 $ 19,176 Business 66 1,995 15,385 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.