1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday January 23, 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 $ 115,366 $ 106,676 $ 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 115,366 106,676 85,737 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday January 23, 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) 23 691 3,141 Air Transport Security Fees 1 5 578 Commodity Credit Corporation programs 30 729 2,428 Customs and Certain Excise Taxes 79 1,049 11,042 Deposits by States: Supplemental Security Income 3 38 1,147 Unemployment 80 527 11,317 Education Department programs 81 1,556 8,777 Energy Department programs 23 192 1,931 Estate and Gift Taxes 36 617 3,697 Federal Reserve Earnings 0 4,734 20,589 Foreign Deposits, Military Sales 14 1,306 6,807 FTD's Received (Table IV) 2,503 42,680 210,856 GSE MBS Purchase Program Income 0 7,229 48,258 Housing and Urban Development programs 64 142 767 Individual Income and Employment Taxes, Not Withheld 6,596 41,357 66,962 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 17 267 1,832 Postal Service 395 5,426 28,402 Public Debt Cash Issues (Table III-B) 753 482,614 2,316,782 Other Deposits: Defense Finance & Accounting Service 50 495 2,288 Medicare Premiums 495 1,438 7,714 Total Other Deposits 545 3,925 37,374 Change in Balance of Uncollected Funds 0 1 5 Transfers from Depositaries 9,316 93,319 429,062 Total Federal Reserve Account 20,557 688,404 3,211,754 Tax and Loan Note Accounts: FTD's Received (Table IV) 9,316 93,319 427,257 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 9,316 93,319 427,257 Total Deposits (excluding transfers) 20,557 688,404 3,209,949 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday January 23, 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 85 1,652 11,029 Defense Vendor Payments (EFT) 1,428 19,471 117,076 Education Department programs 2,017 27,480 69,830 Energy Department programs 105 2,154 12,885 Federal Employees Insurance Payments 167 3,687 20,899 Fed. Highway Administration programs 105 1,668 13,485 Federal Salaries (EFT) 1,428 11,624 55,565 Food and Nutrition Service (misc) 626 7,017 32,760 GSA programs 40 1,299 6,730 Health and Human Services Grants (misc) 304 5,255 30,780 Housing and Urban Development programs 151 4,716 23,335 Interest on Treasury Securities 1 13,099 58,044 Justice Department programs 61 999 5,294 Labor Dept. prgms (excl. unemployment) 32 744 4,346 Medicaid 436 13,095 72,774 Medicare 1,291 32,979 152,721 NASA programs 66 828 5,057 Postal Service Money Orders and Other 228 2,418 12,613 Public Debt Cash Redemp. (Table III-B) 885 418,660 1,939,497 Social Security Benefits (EFT) 40 43,987 200,171 Supple. Nutrition Assist. Program (SNAP) 20 362 1,607 Temporary Assistance for Needy Families (HHS) 23 699 5,367 Transportation Security Admin. (DHS) 1 11 323 Unemployment Insurance Benefits 362 6,535 30,435 Veterans Affairs programs 200 2,212 12,575 Other Withdrawals: Deposit Insurance Fund 80 336 2,475 Emergency Prep & Response (DHS) 56 639 4,785 Federal Crop Ins. Corp. 72 975 5,208 Thrift Savings Plan Transfer 373 1,726 7,581 Unclassified 1,184 17,157 100,588 Total, Other Withdrawals 1,766 36,123 257,475 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 11,867 658,774 3,152,672 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 9,316 93,319 429,062 Total Withdrawals (excluding transfers) 11,867 658,774 3,152,672 Net Change in Operating Cash Balance 8,690 29,630 57,276 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday January 23, 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 -1 295,121 1,584,748 Cash Management Series 0 0 10,000 Notes 0 158,966 556,934 Bonds 0 13,923 64,888 Inflation-Protected Securities Increment -59 -552 1,747 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 10 142 1,155 Interest Increment 1 586 2,198 Government Account Series 187,703 3,130,498 18,284,890 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 3 2,777 32,647 Other 740 11,478 61,555 Total Issues 188,398 3,612,939 20,600,764 (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 57 859 3,393 Government Account Series 187,540 3,180,974 18,215,363 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 86 11,573 41,217 Other 742 11,474 61,609 Total Redemptions 188,424 3,599,634 20,154,859 Net Change in Public Debt Outstanding -27 13,305 445,905 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday January 23, 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) 188,398 3,612,939 20,600,764 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 (-) 187,703 3,130,498 18,284,890 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 586 2,198 Inflation-Protected Securities Increment -59 -552 1,021 Total Public Debt Cash Issues Deposited in Federal Reserve Account 753 482,614 2,316,782 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 188,424 3,599,634 20,154,859 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 (-) 187,540 3,180,974 18,215,363 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 885 418,660 1,939,497 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday January 23, 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 $ 10,480,362 $ 10,482,317 $ 10,447,663 $ 10,127,031 Intragovernmental Holdings 4,755,883 4,753,955 4,775,277 4,663,309 Total Public Debt Outstanding 15,236,245 15,236,272 15,222,940 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 32,859 32,886 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 Monday January 23, 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 $ 12,278 $ 126,676 $ 560,607 Individual Income Taxes 28 3,327 5,760 Railroad Retirement Taxes 39 272 1,336 Excise Taxes 31 2,751 19,972 Corporation Income Taxes 128 7,523 73,736 Federal Unemployment Taxes 25 227 851 Estate and Gift Taxes & Misc IRS Rcpts. 0 41 141 Change in Balance of Unclassified Taxes 0 0 0 Total 12,529 140,818 662,402 These Receipts were deposited in: Federal Reserve Account: Directly 50 1,423 11,312 Collector Depositaries 2,453 41,257 199,544 Tax and Loan Accounts 9,316 93,319 427,257 Inter-agency Transfers 711 4,819 24,290 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) 2 30 9,283 9,316 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 2 30 9,283 9,316 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 Monday January 23, 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 $ 8 $ 657 $ 20,844 Business 169 3,035 19,383 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.