1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday February 08, 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 $ 49,136 $ 72,497 $ 158,596 $ 56,284 Supplementary Financing Prog 0 0 0 0 Tax and Loan Note Accounts (Table V) 0 0 0 1,805 Total Operating Balance 49,136 72,497 158,596 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday February 08, 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) 11 137 3,608 Air Transport Security Fees 0 7 726 Commodity Credit Corporation programs 27 209 2,864 Customs and Certain Excise Taxes 75 514 13,714 Deposits by States: Supplemental Security Income 1 245 1,504 Unemployment 297 2,812 15,502 Education Department programs 156 675 10,461 Energy Department programs 8 77 2,469 Estate and Gift Taxes 85 305 4,258 Federal Reserve Earnings 1,237 2,795 25,153 Foreign Deposits, Military Sales 5 807 8,025 FTD's Received (Table IV) 3,288 16,338 239,722 GSE MBS Purchase Program Income 0 0 48,765 Housing and Urban Development programs 0 41 852 Individual Income and Employment Taxes, Not Withheld 372 1,695 81,725 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 12 136 2,096 Postal Service 348 2,335 32,848 Public Debt Cash Issues (Table III-B) 1,218 101,935 2,634,331 Other Deposits: Federal Housing Admin: Note Sales 74 709 5,856 Medicare Premiums 70 372 8,603 TARP 19 20 2,321 Total Other Deposits 163 1,273 40,981 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 3,529 35,612 489,097 Total Federal Reserve Account 10,833 167,948 3,658,707 Tax and Loan Note Accounts: FTD's Received (Table IV) 3,529 35,612 487,291 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 3,529 35,612 487,291 Total Deposits (excluding transfers) 10,833 167,948 3,656,902 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday February 08, 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 27 224 11,498 Defense Vendor Payments (EFT) 978 7,106 132,126 Education Department programs 1,264 7,588 87,440 Energy Department programs 94 766 14,728 Federal Employees Insurance Payments 231 1,194 23,913 Fed. Highway Administration programs 194 675 14,945 Federal Salaries (EFT) 121 6,011 63,211 Food and Nutrition Service (misc) 370 2,295 36,391 GSA programs 70 746 7,778 Health and Human Services Grants (misc) 326 1,975 35,445 Housing and Urban Development programs 158 3,522 27,789 Interest on Treasury Securities 1 226 64,409 Justice Department programs 37 434 6,033 Labor Dept. prgms (excl. unemployment) 49 294 4,977 Medicaid 678 5,793 83,115 Medicare 1,164 23,113 184,231 NASA programs 29 361 5,594 Postal Service Money Orders and Other 250 1,153 14,745 Public Debt Cash Redemp. (Table III-B) 751 95,877 2,189,552 Social Security Benefits (EFT) 10,428 33,770 244,417 Supple. Nutrition Assist. Program (SNAP) 13 95 1,814 Temporary Assistance for Needy Families (HHS) 18 524 6,311 Transportation Security Admin. (DHS) 1 56 405 Unemployment Insurance Benefits 459 2,570 35,778 Veterans Affairs programs 132 1,136 14,595 Other Withdrawals: Agriculture Loan Payments (misc) 51 222 3,047 IRS Tax Refunds Individual (EFT) 14,268 46,643 59,681 State Department 67 214 3,754 Thrift Savings Plan Transfer 194 1,153 9,438 Unclassified 1,766 8,922 114,625 Total, Other Withdrawals 16,347 79,903 354,616 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 34,194 277,407 3,665,855 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 3,529 35,612 489,097 Total Withdrawals (excluding transfers) 34,194 277,407 3,665,855 Net Change in Operating Cash Balance -23,361 -109,459 -8,953 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday February 08, 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 95,421 1,772,457 Cash Management Series 0 0 10,000 Notes 0 -1 673,080 Bonds 0 0 64,888 Inflation-Protected Securities Increment -62 -453 1,134 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 4 28 1,493 Interest Increment 1 542 2,747 Government Account Series 237,757 1,442,746 20,963,960 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 504 1,887 35,779 Other 710 4,616 71,013 Total Issues 238,914 1,544,786 23,597,351 (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 85,423 1,724,519 Notes 0 0 343,131 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 41 264 3,922 Government Account Series 246,002 1,469,384 20,862,473 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 5,559 46,882 Other 710 4,631 71,097 Total Redemptions 246,753 1,565,260 23,052,025 Net Change in Public Debt Outstanding -7,839 -20,474 545,326 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday February 08, 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) 238,914 1,544,786 23,597,351 Premium on New Issues 0 0 6,139 Discount on New Issues: Bills (-) 0 16 274 Bonds and Notes (-) 0 0 1,762 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 237,757 1,442,746 20,963,960 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 542 2,747 Inflation-Protected Securities Increment -62 -453 415 Total Public Debt Cash Issues Deposited in Federal Reserve Account 1,218 101,935 2,634,331 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 246,753 1,565,260 23,052,025 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 (-) 246,002 1,469,384 20,862,473 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 751 95,877 2,189,552 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday February 08, 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 $ 10,577,837 $ 10,577,648 $ 10,572,374 $ 10,127,031 Intragovernmental Holdings 4,757,829 4,765,857 4,783,766 4,663,309 Total Public Debt Outstanding 15,335,666 15,343,505 15,356,140 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 32,975 32,984 33,031 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 15,293,280 15,301,110 15,313,699 14,746,553 Statutory Debt Limit 16,394,000 16,394,000 16,394,000 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 Wednesday February 08, 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 $ 6,665 $ 54,921 $ 647,597 Individual Income Taxes 18 148 6,070 Railroad Retirement Taxes 4 133 1,594 Excise Taxes 24 143 23,048 Corporation Income Taxes 102 589 74,799 Federal Unemployment Taxes 15 206 3,078 Estate and Gift Taxes & Misc IRS Rcpts. 2 12 159 Change in Balance of Unclassified Taxes 0 0 0 Total 6,832 56,151 756,345 These Receipts were deposited in: Federal Reserve Account: Directly 102 893 13,742 Collector Depositaries 3,186 15,446 225,981 Tax and Loan Accounts 3,529 35,612 487,291 Inter-agency Transfers 14 4,200 29,331 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 39 3,487 3,529 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 39 3,487 3,529 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 February 08, 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 $ 14,679 $ 48,494 $ 76,794 Business 26 1,495 22,512 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.