1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday January 20, 2012 (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 $ 106,676 $ 112,642 $ 85,737 $ 56,284 Supplementary Financing Program 0 0 0 0 Tax and Loan Note Accounts (Table V) 0 0 0 1,805 Total Operating Balance 106,676 112,642 85,737 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday January 20, 2012 (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) 12 668 3,118 Air Transport Security Fees 1 5 578 Commodity Credit Corporation programs 62 699 2,398 Customs and Certain Excise Taxes 82 969 10,963 Deposits by States: Supplemental Security Income 2 36 1,145 Unemployment 63 447 11,237 Education Department programs 70 1,476 8,696 Energy Department programs 26 170 1,908 Estate and Gift Taxes 51 581 3,661 Federal Reserve Earnings 0 4,734 20,589 Foreign Deposits, Military Sales 8 1,292 6,793 FTD's Received (Table IV) 2,009 40,177 208,353 GSE MBS Purchase Program Income 0 7,229 48,258 Housing and Urban Development programs 1 78 703 Individual Income and Employment Taxes, Not Withheld 3,542 34,761 60,366 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 10 250 1,815 Postal Service 323 5,031 28,007 Public Debt Cash Issues (Table III-B) 770 481,861 2,316,029 Other Deposits: Medicare Premiums 242 943 7,219 Thrift Savings Plan Transfer 68 638 10,139 Total Other Deposits 310 3,380 36,829 Change in Balance of Uncollected Funds 0 1 5 Transfers from Depositaries 3,380 84,003 419,747 Total Federal Reserve Account 10,722 667,847 3,191,197 Tax and Loan Note Accounts: FTD's Received (Table IV) 3,380 84,003 417,941 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 3,380 84,003 417,941 Total Deposits (excluding transfers) 10,722 667,847 3,189,392 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday January 20, 2012 (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 276 1,567 10,945 Defense Vendor Payments (EFT) 1,923 18,043 115,647 Education Department programs 1,565 25,463 67,813 Energy Department programs 223 2,049 12,780 Federal Employees Insurance Payments 327 3,521 20,732 Fed. Highway Administration programs 110 1,563 13,380 Federal Salaries (EFT) 3,070 10,195 54,137 Food and Nutrition Service (misc) 264 6,391 32,134 GSA programs 43 1,259 6,689 Health and Human Services Grants (misc) 395 4,951 30,476 Housing and Urban Development programs 131 4,566 23,185 Interest on Treasury Securities 1 13,099 58,043 Justice Department programs 47 938 5,233 Labor Dept. prgms (excl. unemployment) 44 712 4,314 Medicaid 1,030 12,659 72,338 Medicare 1,377 31,688 151,430 NASA programs 59 763 4,992 Postal Service Money Orders and Other 131 2,190 12,385 Public Debt Cash Redemp. (Table III-B) 876 417,775 1,938,612 Social Security Benefits (EFT) 38 43,948 200,132 Supple. Nutrition Assist. Program (SNAP) 83 342 1,587 Temporary Assistance for Needy Families (HHS) 31 676 5,344 Transportation Security Admin. (DHS) 1 10 322 Unemployment Insurance Benefits 284 6,173 30,072 Veterans Affairs programs 117 2,012 12,375 Other Withdrawals: Agency for Internat'l Development 106 645 4,846 Centers for Disease Control 79 217 1,748 Deposit Insurance Fund 193 256 2,395 Export-Import Bank 50 447 2,476 Federal Crop Ins. Corp. 62 903 5,135 Federal Transit Admin. 58 455 3,854 Interntl Security Assistance (DSCA) 2,329 2,329 3,299 IRS Tax Refunds Business (EFT) 380 1,525 7,949 TARP 26 27 670 Thrift Savings Plan Transfer 160 1,353 7,208 Unclassified 799 15,971 99,402 Total, Other Withdrawals 4,243 34,355 255,707 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 16,688 646,908 3,140,806 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 3,380 84,003 419,747 Total Withdrawals (excluding transfers) 16,688 646,908 3,140,806 Net Change in Operating Cash Balance -5,966 20,939 48,586 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday January 20, 2012 (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 -1 295,122 1,584,749 Cash Management Series 0 0 10,000 Notes 0 158,966 556,934 Bonds 0 13,923 64,888 Inflation-Protected Securities Increment -20 -493 1,806 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 5 132 1,145 Interest Increment 1 585 2,197 Government Account Series 190,953 2,942,795 18,097,187 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 26 2,774 32,644 Other 741 10,738 60,815 Total Issues 191,704 3,424,541 20,412,367 (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 0 293,176 1,549,792 Notes 0 101,577 283,485 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 47 802 3,336 Government Account Series 190,837 2,993,435 18,027,823 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 87 11,487 41,131 Other 741 10,733 60,868 Total Redemptions 191,713 3,411,210 19,966,435 Net Change in Public Debt Outstanding -9 13,332 445,932 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday January 20, 2012 (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) 191,704 3,424,541 20,412,367 Premium on New Issues 0 583 5,878 Discount on New Issues: Bills (-) 0 53 245 Bonds and Notes (-) 0 323 1,506 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 190,953 2,942,795 18,097,187 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 585 2,197 Inflation-Protected Securities Increment -20 -493 1,080 Total Public Debt Cash Issues Deposited in Federal Reserve Account 770 481,861 2,316,029 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 191,713 3,411,210 19,966,435 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 (-) 190,837 2,993,435 18,027,823 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 876 417,775 1,938,612 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday January 20, 2012 (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 $ 10,482,317 $ 10,484,316 $ 10,447,663 $ 10,127,031 Intragovernmental Holdings 4,753,955 4,751,964 4,775,277 4,663,309 Total Public Debt Outstanding 15,236,272 15,236,281 15,222,940 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 32,886 32,895 33,192 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 15,193,975 15,193,975 15,180,337 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 Friday January 20, 2012 (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 $ 5,298 $ 114,398 $ 548,329 Individual Income Taxes 41 3,299 5,732 Railroad Retirement Taxes 10 233 1,297 Excise Taxes 25 2,720 19,941 Corporation Income Taxes 28 7,395 73,608 Federal Unemployment Taxes 23 202 826 Estate and Gift Taxes & Misc IRS Rcpts. 12 41 141 Change in Balance of Unclassified Taxes 0 0 0 Total 5,437 128,288 649,873 These Receipts were deposited in: Federal Reserve Account: Directly 54 1,374 11,262 Collector Depositaries 1,955 38,803 197,091 Tax and Loan Accounts 3,380 84,003 417,941 Inter-agency Transfers 48 4,108 23,579 As of 1/1/12, Treasury discontinued leaving a portion of the funds paid through depositaries maintaining Tax & Loan Accounts with those depositaries. All deposits made through such banks will be offset by a depositary initiated withdrawal in Table V. TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 0 $ 0 $ 0 $ 0 Deposits: Taxes Received (Table IV) 4 34 3,343 3,380 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 0 0 Depositary Initiated 4 34 3,343 3,380 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 0 0 0 0 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday January 20, 2012 (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 $ 649 $ 20,836 Business 420 2,865 19,214 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.