1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday January 26, 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 $ 109,018 $ 111,938 $ 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 109,018 111,938 85,737 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday January 26, 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) 8 864 3,314 Air Transport Security Fees 6 14 587 Commodity Credit Corporation programs 37 831 2,529 Customs and Certain Excise Taxes 47 2,682 12,676 Deposits by States: Supplemental Security Income 3 45 1,154 Unemployment 110 868 11,658 Education Department programs 104 2,050 9,271 Energy Department programs 48 392 2,131 Estate and Gift Taxes 46 768 3,848 Federal Reserve Earnings 0 6,504 22,359 Foreign Deposits, Military Sales 136 1,493 6,994 FTD's Received (Table IV) 705 47,504 215,680 GSE MBS Purchase Program Income 0 7,735 48,765 Housing and Urban Development programs 25 175 801 Individual Income and Employment Taxes, Not Withheld 561 53,197 78,803 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 8 308 1,872 Postal Service 295 6,483 29,459 Public Debt Cash Issues (Table III-B) 93,742 579,256 2,413,424 Other Deposits: Medicare Premiums 54 1,769 8,045 TARP 13 145 2,238 Thrift Savings Plan Transfer 57 735 10,235 Total Other Deposits 125 4,401 37,850 Change in Balance of Uncollected Funds 0 1 5 Transfers from Depositaries 2,600 100,857 436,601 Total Federal Reserve Account 98,606 816,430 3,339,780 Tax and Loan Note Accounts: FTD's Received (Table IV) 2,600 100,857 434,795 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 2,600 100,857 434,795 Total Deposits (excluding transfers) 98,606 816,430 3,337,974 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday January 26, 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 43 1,772 11,150 Defense Vendor Payments (EFT) 1,401 23,629 121,234 Education Department programs 1,812 32,511 74,862 Energy Department programs 241 2,651 13,381 Federal Employees Insurance Payments 504 4,807 22,019 Fed. Highway Administration programs 92 2,010 13,827 Federal Salaries (EFT) 787 12,908 56,850 Food and Nutrition Service (misc) 221 7,621 33,365 GSA programs 110 1,502 6,933 Health and Human Services Grants (misc) 431 6,306 31,831 Housing and Urban Development programs 212 5,201 23,820 Interest on Treasury Securities 1 13,103 58,047 Justice Department programs 45 1,146 5,441 Labor Dept. prgms (excl. unemployment) 92 923 4,525 Medicaid 1,758 15,998 75,677 Medicare 1,256 37,427 157,169 NASA programs 39 958 5,186 Postal Service Money Orders and Other 116 2,794 12,989 Public Debt Cash Redemp. (Table III-B) 90,496 510,780 2,031,617 Social Security Benefits (EFT) 57 54,429 210,613 Supple. Nutrition Assist. Program (SNAP) 13 414 1,659 Temporary Assistance for Needy Families (HHS) 29 793 5,461 Transportation Security Admin. (DHS) 1 14 326 Unemployment Insurance Benefits 352 8,028 31,927 Veterans Affairs programs 95 2,575 12,939 Other Withdrawals: Agency for Internat'l Development 56 956 5,157 Emergency Prep & Response (DHS) 61 766 4,913 Federal Transit Admin. 78 627 4,025 Interior 63 650 3,795 IRS Tax Refunds Business (EFT) 216 2,088 8,512 Unclassified 846 19,607 103,038 Total, Other Withdrawals 1,320 42,848 264,199 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 101,526 793,148 3,287,046 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 2,600 100,857 436,601 Total Withdrawals (excluding transfers) 101,526 793,148 3,287,046 Net Change in Operating Cash Balance -2,920 23,282 50,928 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday January 26, 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 92,288 387,409 1,677,036 Cash Management Series 0 0 10,000 Notes 0 158,966 556,934 Bonds 0 13,922 64,888 Inflation-Protected Securities Increment -19 -612 1,688 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 7 159 1,172 Interest Increment 2 589 2,201 Government Account Series 189,023 3,695,502 18,849,894 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 800 800 State and Local Series 329 3,720 33,590 Other 1,131 14,086 64,163 Total Issues 282,761 4,274,542 21,262,367 (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 89,305 382,480 1,639,096 Notes 0 101,577 283,485 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 48 990 3,524 Government Account Series 192,260 3,750,470 18,784,859 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 3 11,635 41,278 Other 1,141 14,097 64,232 Total Redemptions 282,756 4,261,250 20,816,475 Net Change in Public Debt Outstanding 4 13,292 445,891 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday January 26, 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) 282,761 4,274,542 21,262,367 Premium on New Issues 0 583 5,878 Discount on New Issues: Bills (-) 13 66 258 Bonds and Notes (-) 0 323 1,506 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 189,023 3,695,502 18,849,894 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 589 2,201 Inflation-Protected Securities Increment -19 -612 962 Total Public Debt Cash Issues Deposited in Federal Reserve Account 93,742 579,256 2,413,424 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 282,756 4,261,250 20,816,475 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 (-) 192,260 3,750,470 18,784,859 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 90,496 510,780 2,031,617 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday January 26, 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 $ 10,479,010 $ 10,483,289 $ 10,447,663 $ 10,127,031 Intragovernmental Holdings 4,757,222 4,752,939 4,775,277 4,663,309 Total Public Debt Outstanding 15,236,232 15,236,228 15,222,940 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 32,846 32,842 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 Thursday January 26, 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 $ 3,133 $ 138,255 $ 572,186 Individual Income Taxes 19 3,394 5,826 Railroad Retirement Taxes 10 319 1,383 Excise Taxes 134 3,336 20,557 Corporation Income Taxes 22 7,804 74,016 Federal Unemployment Taxes 32 324 948 Estate and Gift Taxes & Misc IRS Rcpts. 1 44 144 Change in Balance of Unclassified Taxes 0 0 0 Total 3,351 153,476 675,061 These Receipts were deposited in: Federal Reserve Account: Directly 67 1,884 11,773 Collector Depositaries 638 45,620 203,907 Tax and Loan Accounts 2,600 100,857 434,795 Inter-agency Transfers 45 5,115 24,585 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 11 2,588 2,600 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 11 2,588 2,600 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 Thursday January 26, 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 $ 22 $ 2,882 $ 23,068 Business 255 3,714 20,063 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.