1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday February 15, 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 $ 50,066 $ 57,918 $ 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 50,066 57,918 158,596 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday February 15, 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) 29 300 3,771 Air Transport Security Fees 1 11 730 Commodity Credit Corporation programs 43 428 3,083 Customs and Certain Excise Taxes 80 904 14,104 Deposits by States: Supplemental Security Income 3 269 1,527 Unemployment 61 3,169 15,859 Education Department programs 156 1,321 11,106 Energy Department programs 8 121 2,513 Estate and Gift Taxes 27 481 4,434 Federal Reserve Earnings 1,219 4,014 26,373 Foreign Deposits, Military Sales 3 911 8,129 FTD's Received (Table IV) 5,413 28,440 251,824 GSE MBS Purchase Program Income 409 11,728 60,493 Housing and Urban Development programs 3 84 895 Individual Income and Employment Taxes, Not Withheld 334 2,764 82,794 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 23 201 2,162 Postal Service 290 4,086 34,598 Public Debt Cash Issues (Table III-B) 101,673 340,640 2,873,037 Other Deposits: TARP 281 614 2,915 Thrift Savings Plan Transfer 70 238 10,585 Total Other Deposits 351 2,157 41,865 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 6,006 58,134 511,618 Total Federal Reserve Account 116,135 460,163 3,950,922 Tax and Loan Note Accounts: FTD's Received (Table IV) 6,006 58,134 509,813 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 6,006 58,134 509,813 Total Deposits (excluding transfers) 116,135 460,163 3,949,116 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday February 15, 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 28 408 11,682 Defense Vendor Payments (EFT) 1,590 14,192 139,212 Education Department programs 857 12,627 92,479 Energy Department programs 104 1,445 15,407 Federal Employees Insurance Payments 310 2,991 25,710 Fed. Highway Administration programs 144 1,329 15,599 Federal Salaries (EFT) 185 7,225 64,425 Food and Nutrition Service (misc) 449 4,917 39,013 GSA programs 46 1,086 8,118 Health and Human Services Grants (misc) 330 3,747 37,216 Housing and Urban Development programs 131 4,431 28,697 Interest on Treasury Securities 32,708 32,939 97,122 Justice Department programs 49 744 6,343 Labor Dept. prgms (excl. unemployment) 29 581 5,265 Medicaid 685 10,425 87,748 Medicare 1,439 29,379 190,498 NASA programs 85 628 5,861 Postal Service Money Orders and Other 99 1,822 15,413 Public Debt Cash Redemp. (Table III-B) 62,355 275,648 2,369,323 Social Security Benefits (EFT) 10,275 44,217 254,864 Supple. Nutrition Assist. Program (SNAP) 17 213 1,932 Temporary Assistance for Needy Families (HHS) 73 864 6,650 Transportation Security Admin. (DHS) 1 59 409 Unemployment Insurance Benefits 505 4,602 37,811 Veterans Affairs programs 180 1,929 15,387 Other Withdrawals: Deposit Insurance Fund 62 245 3,708 Emergency Prep & Response (DHS) 69 526 5,557 Interior 53 523 4,431 IRS Tax Refunds Business (EFT) 636 1,906 10,770 IRS Tax Refunds Individual (EFT) 6,384 64,876 77,914 Military Active Duty Pay (EFT) 2,900 6,963 31,110 State Department 86 454 3,994 Thrift Savings Plan Transfer 53 1,615 9,900 Unclassified 1,073 15,199 120,902 Total, Other Withdrawals 11,315 110,245 384,958 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 123,987 568,692 3,957,140 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 6,006 58,134 511,618 Total Withdrawals (excluding transfers) 123,987 568,692 3,957,140 Net Change in Operating Cash Balance -7,853 -108,530 -8,024 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday February 15, 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 20,001 20,001 30,001 Notes 62,828 62,827 735,908 Bonds 17,951 17,951 82,839 Inflation-Protected Securities Increment -62 -889 698 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 49 1,514 Interest Increment 1 546 2,751 Government Account Series 246,573 2,638,210 22,159,424 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 704 3,479 37,372 Other 737 8,613 75,010 Total Issues 348,736 2,979,135 25,031,700 (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 58,409 58,409 401,541 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 36 465 4,124 Government Account Series 254,029 2,667,893 22,060,982 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 3,178 8,802 50,125 Other 733 8,613 75,079 Total Redemptions 316,384 2,943,540 24,430,305 Net Change in Public Debt Outstanding 32,351 35,595 601,395 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday February 15, 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) 348,736 2,979,135 25,031,700 Premium on New Issues 0 0 6,139 Discount on New Issues: Bills (-) 4 82 340 Bonds and Notes (-) 547 547 2,309 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 246,573 2,638,210 22,159,424 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 546 2,751 Inflation-Protected Securities Increment -62 -889 -21 Total Public Debt Cash Issues Deposited in Federal Reserve Account 101,673 340,640 2,873,037 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 316,384 2,943,540 24,430,305 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 (-) 254,029 2,667,893 22,060,982 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 62,355 275,648 2,369,323 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday February 15, 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 $ 10,636,671 $ 10,596,774 $ 10,572,374 $ 10,127,031 Intragovernmental Holdings 4,755,065 4,762,610 4,783,766 4,663,309 Total Public Debt Outstanding 15,391,736 15,359,384 15,356,140 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 32,977 32,982 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 15,349,347 15,316,991 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 15, 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 $ 9,869 $ 84,947 $ 677,623 Individual Income Taxes 1/ -5 307 6,228 Railroad Retirement Taxes 4 220 1,681 Excise Taxes 32 3,119 26,024 Corporation Income Taxes 2,176 3,217 77,427 Federal Unemployment Taxes 15 246 3,119 Estate and Gift Taxes & Misc IRS Rcpts. 1 18 166 Change in Balance of Unclassified Taxes 0 0 0 Total 12,092 92,074 792,268 These Receipts were deposited in: Federal Reserve Account: Directly 54 2,057 14,906 Collector Depositaries 5,359 26,383 236,918 Tax and Loan Accounts 6,006 58,134 509,813 Inter-agency Transfers 672 5,500 30,631 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. 1/Reported as a negative amount due to a return/reversal of $66 million. 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) 10 79 5,917 6,006 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 10 79 5,917 6,006 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 15, 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 $ 6,766 $ 68,490 $ 96,790 Business 652 3,365 24,382 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.