1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday February 16, 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 $ 70,300 $ 50,066 $ 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 70,300 50,066 158,596 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday February 16, 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) 29 329 3,800 Air Transport Security Fees 2 13 732 Commodity Credit Corporation programs 26 454 3,109 Customs and Certain Excise Taxes 48 952 14,152 Deposits by States: Supplemental Security Income 4 273 1,531 Unemployment 51 3,220 15,910 Education Department programs 312 1,633 11,418 Energy Department programs 10 131 2,523 Estate and Gift Taxes 8 489 4,443 Federal Reserve Earnings 0 4,014 26,373 Foreign Deposits, Military Sales 37 948 8,166 FTD's Received (Table IV) 1,504 29,944 253,328 GSE MBS Purchase Program Income 34 11,762 60,527 Housing and Urban Development programs 3 87 898 Individual Income and Employment Taxes, Not Withheld 139 2,903 82,934 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 8 209 2,169 Postal Service 316 4,402 34,914 Public Debt Cash Issues (Table III-B) 109,478 450,118 2,982,514 Other Deposits: TARP 5 619 2,920 Total Other Deposits 5 2,162 41,870 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 9,229 67,363 520,848 Total Federal Reserve Account 121,242 581,405 4,072,164 Tax and Loan Note Accounts: FTD's Received (Table IV) 9,229 67,363 519,042 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 9,229 67,363 519,042 Total Deposits (excluding transfers) 121,242 581,405 4,070,359 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday February 16, 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 39 446 11,720 Defense Vendor Payments (EFT) 1,289 15,481 140,501 Education Department programs 1,146 13,774 93,625 Energy Department programs 171 1,616 15,578 Federal Employees Insurance Payments 172 3,163 25,882 Fed. Highway Administration programs 179 1,508 15,778 Federal Salaries (EFT) 50 7,276 64,475 Food and Nutrition Service (misc) 370 5,287 39,383 GSA programs 137 1,222 8,254 Health and Human Services Grants (misc) 361 4,108 37,578 Housing and Urban Development programs 166 4,597 28,863 Interest on Treasury Securities 1 32,940 97,123 Justice Department programs 40 785 6,384 Labor Dept. prgms (excl. unemployment) 64 645 5,328 Medicaid 1,863 12,288 89,611 Medicare 1,287 30,666 191,784 NASA programs 97 725 5,959 Postal Service Money Orders and Other 120 1,942 15,533 Public Debt Cash Redemp. (Table III-B) 90,935 366,583 2,460,258 Social Security Benefits (EFT) 46 44,260 254,908 Supple. Nutrition Assist. Program (SNAP) 17 230 1,949 Temporary Assistance for Needy Families (HHS) 27 891 6,677 Transportation Security Admin. (DHS) 1 60 410 Unemployment Insurance Benefits 308 4,910 38,119 Veterans Affairs programs 127 2,055 15,514 Other Withdrawals: Agency for Internat'l Development 69 464 5,730 Centers for Disease Control 102 255 2,179 District of Columbia 110 110 110 Federal Transit Admin. 60 626 4,743 IRS Tax Refunds Individual (EFT) 380 65,235 78,274 Unclassified 1,275 16,477 122,179 Total, Other Withdrawals 1,996 112,243 386,956 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 101,009 669,701 4,058,149 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 9,229 67,363 520,848 Total Withdrawals (excluding transfers) 101,009 669,701 4,058,149 Net Change in Operating Cash Balance 20,234 -88,296 12,210 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday February 16, 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 107,769 336,117 2,013,153 Cash Management Series 0 20,001 30,001 Notes 0 62,827 735,908 Bonds 0 17,951 82,839 Inflation-Protected Securities Increment -62 -951 636 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 52 1,517 Interest Increment 1 547 2,752 Government Account Series 241,849 2,880,059 22,401,273 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 614 4,093 37,986 Other 1,124 9,737 76,133 Total Issues 351,298 3,330,433 25,382,998 (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 89,785 289,142 1,928,238 Notes 0 58,409 401,541 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 34 499 4,158 Government Account Series 239,068 2,906,960 22,300,050 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 8,802 50,125 Other 1,116 9,729 76,195 Total Redemptions 330,002 3,273,543 24,760,307 Net Change in Public Debt Outstanding 21,295 56,890 622,691 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday February 16, 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) 351,298 3,330,433 25,382,998 Premium on New Issues 0 0 6,139 Discount on New Issues: Bills (-) 32 114 372 Bonds and Notes (-) 0 547 2,309 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 241,849 2,880,059 22,401,273 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 547 2,752 Inflation-Protected Securities Increment -62 -951 -83 Total Public Debt Cash Issues Deposited in Federal Reserve Account 109,478 450,118 2,982,514 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 330,002 3,273,543 24,760,307 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 (-) 239,068 2,906,960 22,300,050 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 90,935 366,583 2,460,258 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday February 16, 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 $ 10,655,376 $ 10,636,671 $ 10,572,374 $ 10,127,031 Intragovernmental Holdings 4,757,655 4,755,065 4,783,766 4,663,309 Total Public Debt Outstanding 15,413,031 15,391,736 15,356,140 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 33,000 32,977 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 15,370,620 15,349,347 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 Thursday February 16, 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 $ 10,621 $ 95,568 $ 688,244 Individual Income Taxes 22 328 6,250 Railroad Retirement Taxes 28 248 1,709 Excise Taxes 11 3,130 26,035 Corporation Income Taxes 66 3,282 77,492 Federal Unemployment Taxes 4 250 3,123 Estate and Gift Taxes & Misc IRS Rcpts. 1 19 166 Change in Balance of Unclassified Taxes 0 0 0 Total 10,752 102,825 803,020 These Receipts were deposited in: Federal Reserve Account: Directly 42 2,099 14,948 Collector Depositaries 1,462 27,845 238,380 Tax and Loan Accounts 9,229 67,363 519,042 Inter-agency Transfers 18 5,518 30,649 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 22 9,205 9,229 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 22 9,205 9,229 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 February 16, 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 $ 738 $ 69,207 $ 97,507 Business 96 3,461 24,478 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.