1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday January 31, 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 $ 158,596 $ 108,977 $ 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 158,596 108,977 85,737 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday January 31, 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) 92 1,021 3,471 Air Transport Security Fees 127 146 719 Commodity Credit Corporation programs 38 957 2,655 Customs and Certain Excise Taxes 254 3,206 13,200 Deposits by States: Supplemental Security Income 97 150 1,259 Unemployment 742 1,900 12,690 Education Department programs 301 2,565 9,785 Energy Department programs 148 654 2,392 Estate and Gift Taxes 31 873 3,953 Federal Reserve Earnings 0 6,504 22,359 Foreign Deposits, Military Sales 6 1,717 7,218 FTD's Received (Table IV) 2,856 55,208 223,384 GSE MBS Purchase Program Income 0 7,735 48,765 Housing and Urban Development programs 4 185 811 Individual Income and Employment Taxes, Not Withheld 362 54,425 80,030 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 12 395 1,960 Postal Service 399 7,536 30,512 Public Debt Cash Issues (Table III-B) 117,426 698,229 2,532,397 Other Deposits: Animal Plant Health Inspection svcs 51 84 188 Farm Credit System Ins. Corp. 50 108 122 Medicare Premiums 87 1,955 8,231 Minerals Management Svc/Collections 813 1,419 3,641 Railroad Unemployment Ins. 20 47 111 Total Other Deposits 1,020 6,259 39,708 Change in Balance of Uncollected Funds 0 1 5 Transfers from Depositaries 3,782 117,741 453,485 Total Federal Reserve Account 127,698 967,409 3,490,759 Tax and Loan Note Accounts: FTD's Received (Table IV) 3,782 117,741 451,679 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 3,782 117,741 451,679 Total Deposits (excluding transfers) 127,698 967,409 3,488,953 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday January 31, 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 23 1,896 11,274 Defense Vendor Payments (EFT) 915 27,415 125,020 Education Department programs 1,417 37,501 79,852 Energy Department programs 277 3,232 13,962 Federal Employees Insurance Payments 306 5,508 22,719 Fed. Highway Administration programs 100 2,453 14,270 Federal Salaries (EFT) 146 13,258 57,199 Food and Nutrition Service (misc) 189 8,353 34,097 GSA programs 52 1,602 7,032 Health and Human Services Grants (misc) 757 7,944 33,469 Housing and Urban Development programs 136 5,647 24,266 Interest on Treasury Securities 6,133 19,238 64,183 Justice Department programs 15 1,304 5,600 Labor Dept. prgms (excl. unemployment) 51 1,081 4,683 Medicaid 892 17,644 77,322 Medicare 1,192 41,376 161,119 NASA programs 0 1,005 5,233 Postal Service Money Orders and Other 317 3,396 13,591 Public Debt Cash Redemp. (Table III-B) 60,481 572,838 2,093,675 Social Security Benefits (EFT) 1/ -3 54,464 210,648 Supple. Nutrition Assist. Program (SNAP) 21 474 1,719 Temporary Assistance for Needy Families (HHS) 98 1,119 5,786 Transportation Security Admin. (DHS) 0 37 350 Unemployment Insurance Benefits 725 9,309 33,208 Veterans Affairs programs 138 3,095 13,459 Other Withdrawals: Federal Aviation Administration 60 613 2,803 Federal Crop Ins. Corp. 66 1,339 5,572 Federal Financing Bank 171 552 3,325 IRS Tax Refunds Business (EFT) 213 2,440 8,863 IRS Tax Refunds Individual (EFT) 1,676 7,021 13,043 Minerals Management Service 157 162 782 Pension Benefit Guaranty Corp. 445 479 1,918 Thrift Savings Plan Transfer 61 2,430 8,285 Unclassified 851 22,271 105,702 Total, Other Withdrawals 3,700 53,361 274,712 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 78,079 894,550 3,388,448 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 3,782 117,741 453,485 Total Withdrawals (excluding transfers) 78,079 894,550 3,388,448 Net Change in Operating Cash Balance 49,618 72,859 100,506 1/Reported as a negative amount due to a return/reversal of $3 million. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday January 31, 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 0 387,409 1,677,036 Cash Management Series 0 0 10,000 Notes 116,146 275,113 673,081 Bonds 0 13,922 64,888 Inflation-Protected Securities Increment -20 -712 1,587 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 276 452 1,465 Interest Increment 1 593 2,205 Government Account Series 247,502 4,366,822 19,521,214 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 800 800 State and Local Series 216 4,022 33,892 Other 789 16,320 66,397 Total Issues 364,911 5,064,739 22,052,565 (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 0 382,480 1,639,096 Notes 59,646 161,224 343,131 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 35 1,124 3,658 Government Account Series 243,341 4,358,701 19,393,090 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 17 11,680 41,323 Other 784 16,331 66,466 Total Redemptions 303,823 4,931,539 21,486,765 Net Change in Public Debt Outstanding 61,088 133,200 565,800 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday January 31, 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) 364,911 5,064,739 22,052,565 Premium on New Issues 261 843 6,139 Discount on New Issues: Bills (-) 0 66 258 Bonds and Notes (-) 256 579 1,762 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 247,502 4,366,822 19,521,214 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 593 2,205 Inflation-Protected Securities Increment -13 -705 868 Total Public Debt Cash Issues Deposited in Federal Reserve Account 117,426 698,229 2,532,397 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 303,823 4,931,539 21,486,765 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 (-) 243,341 4,358,701 19,393,090 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 60,481 572,838 2,093,675 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday January 31, 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 $ 10,572,374 $ 10,515,737 $ 10,447,663 $ 10,127,031 Intragovernmental Holdings 4,783,766 4,779,315 4,775,277 4,663,309 Total Public Debt Outstanding 15,356,140 15,295,053 15,222,940 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 33,031 32,810 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 15,313,699 15,252,831 15,180,337 14,746,553 Statutory Debt Limit 16,394,000 16,394,000 15,194,000 15,194,000 Act of 8/2/11, operated to permanently increase the statutory debt limit to $16,394 billion after 1/27/12. 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 Tuesday January 31, 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 $ 4,437 $ 158,745 $ 592,676 Individual Income Taxes 33 3,490 5,922 Railroad Retirement Taxes 38 397 1,462 Excise Taxes 274 5,684 22,905 Corporation Income Taxes 149 7,998 74,210 Federal Unemployment Taxes 1,744 2,249 2,873 Estate and Gift Taxes & Misc IRS Rcpts. 1 48 147 Change in Balance of Unclassified Taxes 0 0 0 Total 6,676 178,610 700,194 These Receipts were deposited in: Federal Reserve Account: Directly 232 2,960 12,849 Collector Depositaries 2,624 52,248 210,535 Tax and Loan Accounts 3,782 117,741 451,679 Inter-agency Transfers 39 5,660 25,131 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) 5 40 3,737 3,782 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 5 40 3,737 3,782 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 Tuesday January 31, 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 $ 1,724 2/$ 8,119 2/$ 28,305 Business 696 4,668 21,017 2/Does not include $103 million offset by FMS for the month of January 2012, and $361 million for the fiscal year-to-date for Treasury Offset Program ag ainst Tax Refunds issued. 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.