1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday February 14, 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 $ 57,918 $ 65,442 $ 158,596 $ 56,284 Supplementary Financing Program 0 0 0 0 Tax and Loan Note Accounts (Table V) 0 0 0 1,805 Total Operating Balance 57,918 65,442 158,596 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday February 14, 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) 74 271 3,742 Air Transport Security Fees 0 10 729 Commodity Credit Corporation programs 38 384 3,040 Customs and Certain Excise Taxes 115 824 14,024 Deposits by States: Supplemental Security Income 3 265 1,524 Unemployment 47 3,108 15,798 Education Department programs 178 1,165 10,950 Energy Department programs 10 113 2,505 Estate and Gift Taxes 45 454 4,407 Federal Reserve Earnings 0 2,795 25,153 Foreign Deposits, Military Sales 5 909 8,126 FTD's Received (Table IV) 2,103 23,027 246,411 GSE MBS Purchase Program Income 0 11,319 60,084 Housing and Urban Development programs 5 81 891 Individual Income and Employment Taxes, Not Withheld 223 2,430 82,460 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 7 178 2,138 Postal Service 410 3,796 34,308 Public Debt Cash Issues (Table III-B) 997 238,967 2,771,363 Other Deposits: Medicare Premiums 57 484 8,715 TARP 312 333 2,634 Total Other Deposits 369 1,806 41,514 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 2,161 52,127 505,612 Total Federal Reserve Account 6,790 344,028 3,834,787 Tax and Loan Note Accounts: FTD's Received (Table IV) 2,161 52,127 503,807 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 2,161 52,127 503,807 Total Deposits (excluding transfers) 6,790 344,028 3,832,982 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday February 14, 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 23 380 11,653 Defense Vendor Payments (EFT) 1,442 12,602 137,622 Education Department programs 852 11,770 91,622 Energy Department programs 116 1,341 15,303 Federal Employees Insurance Payments 275 2,681 25,401 Fed. Highway Administration programs 103 1,185 15,455 Federal Salaries (EFT) 67 7,041 64,240 Food and Nutrition Service (misc) 434 4,468 38,565 GSA programs 71 1,040 8,072 Health and Human Services Grants (misc) 441 3,417 36,887 Housing and Urban Development programs 302 4,300 28,566 Interest on Treasury Securities 2 231 64,414 Justice Department programs 66 695 6,294 Labor Dept. prgms (excl. unemployment) 36 552 5,235 Medicaid 682 9,741 87,063 Medicare 1,194 27,940 189,059 NASA programs 8 543 5,776 Postal Service Money Orders and Other 143 1,722 15,314 Public Debt Cash Redemp. (Table III-B) 785 213,292 2,306,967 Social Security Benefits (EFT) 39 33,943 244,590 Supple. Nutrition Assist. Program (SNAP) 53 197 1,915 Temporary Assistance for Needy Families (HHS) 171 791 6,577 Transportation Security Admin. (DHS) 1 59 408 Unemployment Insurance Benefits 674 4,098 37,306 Veterans Affairs programs 119 1,749 15,207 Other Withdrawals: Emergency Prep & Response (DHS) 60 458 5,489 IRS Tax Refunds Business (EFT) 231 1,270 10,133 IRS Tax Refunds Individual (EFT) 4,151 58,504 71,542 State Department 67 368 3,908 TARP 55 55 932 Thrift Savings Plan Transfer 88 1,563 9,848 Unclassified 1,565 14,125 119,828 Total, Other Withdrawals 6,216 98,929 373,642 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 14,314 444,705 3,833,153 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 2,161 52,127 505,612 Total Withdrawals (excluding transfers) 14,314 444,705 3,833,153 Net Change in Operating Cash Balance -7,524 -100,677 -171 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday February 14, 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 0 228,348 1,905,384 Cash Management Series 0 0 10,000 Notes 0 -1 673,080 Bonds 0 0 64,888 Inflation-Protected Securities Increment -62 -827 760 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 45 1,511 Interest Increment 1 546 2,750 Government Account Series 238,460 2,391,637 21,912,851 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 274 2,776 36,668 Other 719 7,876 74,272 Total Issues 239,395 2,630,400 24,682,965 (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 0 199,357 1,838,453 Notes 0 0 343,131 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 34 430 4,088 Government Account Series 234,424 2,413,864 21,806,953 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 31 5,625 46,948 Other 720 7,881 74,346 Total Redemptions 235,209 2,627,156 24,113,921 Net Change in Public Debt Outstanding 4,186 3,244 569,044 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday February 14, 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) 239,395 2,630,400 24,682,965 Premium on New Issues 0 0 6,139 Discount on New Issues: Bills (-) 0 77 336 Bonds and Notes (-) 0 0 1,762 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 238,460 2,391,637 21,912,851 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 546 2,750 Inflation-Protected Securities Increment -62 -827 41 Total Public Debt Cash Issues Deposited in Federal Reserve Account 997 238,967 2,771,363 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 235,209 2,627,156 24,113,921 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 (-) 234,424 2,413,864 21,806,953 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 785 213,292 2,306,967 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday February 14, 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 $ 10,596,774 $ 10,596,768 $ 10,572,374 $ 10,127,031 Intragovernmental Holdings 4,762,610 4,758,430 4,783,766 4,663,309 Total Public Debt Outstanding 15,359,384 15,355,198 15,356,140 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 32,982 32,991 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 15,316,991 15,312,796 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 Tuesday February 14, 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 $ 1,694 $ 75,078 $ 667,753 Individual Income Taxes 98 312 6,234 Railroad Retirement Taxes 4 215 1,677 Excise Taxes 2,240 3,087 25,992 Corporation Income Taxes 271 1,041 75,251 Federal Unemployment Taxes 5 232 3,104 Estate and Gift Taxes & Misc IRS Rcpts. 3 18 165 Change in Balance of Unclassified Taxes 0 0 0 Total 4,315 79,981 780,176 These Receipts were deposited in: Federal Reserve Account: Directly 939 2,003 14,852 Collector Depositaries 1,164 21,024 231,559 Tax and Loan Accounts 2,161 52,127 503,807 Inter-agency Transfers 51 4,827 29,958 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) 3 23 2,135 2,161 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 3 23 2,135 2,161 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 February 14, 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 $ 4,302 $ 61,735 $ 90,035 Business 600 2,713 23,730 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.