1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday January 25, 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 $ 111,938 $ 118,680 $ 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 111,938 118,680 85,737 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday January 25, 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) 142 857 3,307 Air Transport Security Fees 1 8 581 Commodity Credit Corporation programs 34 793 2,492 Customs and Certain Excise Taxes 1,458 2,635 12,629 Deposits by States: Supplemental Security Income 2 42 1,151 Unemployment 137 758 11,547 Education Department programs 101 1,947 9,168 Energy Department programs 59 344 2,082 Estate and Gift Taxes 36 723 3,803 Federal Reserve Earnings 1,770 6,504 22,359 Foreign Deposits, Military Sales 10 1,357 6,858 FTD's Received (Table IV) 3,425 46,799 214,975 GSE MBS Purchase Program Income 507 7,735 48,765 Housing and Urban Development programs 2 150 776 Individual Income and Employment Taxes, Not Withheld 2,741 52,636 78,241 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 17 300 1,864 Postal Service 309 6,188 29,164 Public Debt Cash Issues (Table III-B) 1,008 485,514 2,319,682 Other Deposits: Medicare Premiums 125 1,715 7,991 TARP 1 131 2,225 Total Other Deposits 126 4,276 37,725 Change in Balance of Uncollected Funds 0 1 5 Transfers from Depositaries 4,045 98,257 434,000 Total Federal Reserve Account 15,931 717,823 3,241,173 Tax and Loan Note Accounts: FTD's Received (Table IV) 4,045 98,257 432,195 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 4,045 98,257 432,195 Total Deposits (excluding transfers) 15,931 717,823 3,239,368 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday January 25, 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 28 1,729 11,107 Defense Vendor Payments (EFT) 1,254 22,228 119,833 Education Department programs 2,884 30,699 73,049 Energy Department programs 115 2,410 13,140 Federal Employees Insurance Payments 415 4,303 21,515 Fed. Highway Administration programs 144 1,918 13,735 Federal Salaries (EFT) 79 12,121 56,063 Food and Nutrition Service (misc) 200 7,400 33,144 GSA programs 51 1,392 6,822 Health and Human Services Grants (misc) 383 5,875 31,400 Housing and Urban Development programs 137 4,989 23,608 Interest on Treasury Securities 1 13,102 58,047 Justice Department programs 56 1,101 5,396 Labor Dept. prgms (excl. unemployment) 49 831 4,433 Medicaid 537 14,240 73,918 Medicare 1,509 36,171 155,913 NASA programs 51 918 5,147 Postal Service Money Orders and Other 94 2,678 12,873 Public Debt Cash Redemp. (Table III-B) 795 420,283 1,941,120 Social Security Benefits (EFT) 10,352 54,374 210,558 Supple. Nutrition Assist. Program (SNAP) 20 401 1,646 Temporary Assistance for Needy Families (HHS) 21 764 5,431 Transportation Security Admin. (DHS) 1 13 325 Unemployment Insurance Benefits 479 7,676 31,575 Veterans Affairs programs 148 2,481 12,844 Other Withdrawals: Agency for Internat'l Development 204 900 5,101 Centers for Disease Control 54 307 1,838 Federal Financing Bank 109 291 3,064 HHS: Indian Health Service 56 281 1,853 Interior 53 587 3,732 IRS Tax Refunds Individual (EFT) 1,282 2,182 8,205 TARP 55 81 725 Thrift Savings Plan Transfer 419 2,282 8,137 Unclassified 639 18,759 102,190 Total, Other Withdrawals 2,872 41,526 262,877 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 22,674 691,622 3,185,519 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 4,045 98,257 434,000 Total Withdrawals (excluding transfers) 22,674 691,622 3,185,519 Net Change in Operating Cash Balance -6,742 26,202 53,848 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday January 25, 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 0 295,121 1,584,748 Cash Management Series 0 0 10,000 Notes 0 158,966 556,934 Bonds 0 13,922 64,888 Inflation-Protected Securities Increment -20 -593 1,707 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 5 152 1,165 Interest Increment 0 587 2,199 Government Account Series 189,935 3,506,479 18,660,871 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 800 800 State and Local Series 266 3,391 33,261 Other 738 12,956 63,033 Total Issues 190,924 3,991,781 20,979,606 (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 42 942 3,476 Government Account Series 190,138 3,558,210 18,592,599 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 10 11,632 41,276 Other 743 12,956 63,091 Total Redemptions 190,932 3,978,494 20,533,719 Net Change in Public Debt Outstanding -9 13,288 445,887 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday January 25, 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) 190,924 3,991,781 20,979,606 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 (-) 189,935 3,506,479 18,660,871 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 587 2,199 Inflation-Protected Securities Increment -20 -592 981 Total Public Debt Cash Issues Deposited in Federal Reserve Account 1,008 485,514 2,319,682 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 190,932 3,978,494 20,533,719 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 (-) 190,138 3,558,210 18,592,599 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 795 420,283 1,941,120 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday January 25, 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 $ 10,483,289 $ 10,474,500 $ 10,447,663 $ 10,127,031 Intragovernmental Holdings 4,752,939 4,761,737 4,775,277 4,663,309 Total Public Debt Outstanding 15,236,228 15,236,236 15,222,940 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 32,842 32,850 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 Wednesday January 25, 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 $ 6,759 $ 135,122 $ 569,053 Individual Income Taxes 25 3,375 5,807 Railroad Retirement Taxes 36 309 1,373 Excise Taxes 404 3,202 20,423 Corporation Income Taxes 230 7,782 73,995 Federal Unemployment Taxes 30 291 915 Estate and Gift Taxes & Misc IRS Rcpts. 1 43 143 Change in Balance of Unclassified Taxes 0 0 0 Total 7,485 150,125 671,710 These Receipts were deposited in: Federal Reserve Account: Directly 261 1,817 11,706 Collector Depositaries 3,165 44,982 203,269 Tax and Loan Accounts 4,045 98,257 432,195 Inter-agency Transfers 14 5,070 24,540 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 41 4,000 4,045 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 41 4,000 4,045 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 Wednesday January 25, 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 $ 1,329 $ 2,865 $ 23,051 Business 70 3,459 19,808 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.