1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday February 17, 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 $ 57,347 $ 70,300 $ 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 57,347 70,300 158,596 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday February 17, 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) 67 395 3,867 Air Transport Security Fees 0 13 732 Commodity Credit Corporation programs 37 491 3,146 Customs and Certain Excise Taxes 78 1,030 14,230 Deposits by States: Supplemental Security Income 3 276 1,535 Unemployment 127 3,348 16,038 Education Department programs 165 1,798 11,583 Energy Department programs 12 143 2,535 Estate and Gift Taxes 38 528 4,481 Federal Reserve Earnings 0 4,014 26,373 Foreign Deposits, Military Sales 75 1,022 8,240 FTD's Received (Table IV) 2,439 32,384 255,768 GSE MBS Purchase Program Income 0 11,762 60,527 Housing and Urban Development programs 2 89 900 Individual Income and Employment Taxes, Not Withheld 184 3,087 83,118 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 7 216 2,176 Postal Service 321 4,723 35,235 Public Debt Cash Issues (Table III-B) 735 450,853 2,983,250 Other Deposits: Medicare Premiums 91 633 8,864 Thrift Savings Plan Transfer 66 313 10,660 Total Other Deposits 157 2,319 42,027 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 4,303 71,666 525,151 Total Federal Reserve Account 8,753 590,158 4,080,917 Tax and Loan Note Accounts: FTD's Received (Table IV) 4,303 71,666 523,346 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 4,303 71,666 523,346 Total Deposits (excluding transfers) 8,753 590,158 4,079,111 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday February 17, 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 23 469 11,743 Defense Vendor Payments (EFT) 1,680 17,161 142,181 Education Department programs 877 14,651 94,503 Energy Department programs 173 1,788 15,751 Federal Employees Insurance Payments 184 3,347 26,066 Fed. Highway Administration programs 141 1,649 15,919 Federal Salaries (EFT) 3,014 10,290 67,489 Food and Nutrition Service (misc) 316 5,603 39,699 GSA programs 40 1,263 8,295 Health and Human Services Grants (misc) 374 4,482 37,952 Housing and Urban Development programs 244 4,840 29,106 Interest on Treasury Securities 1 32,941 97,124 Justice Department programs 98 882 6,481 Labor Dept. prgms (excl. unemployment) 79 724 5,407 Medicaid 1,621 13,909 91,231 Medicare 1,424 32,089 193,208 NASA programs 28 753 5,986 Postal Service Money Orders and Other 143 2,085 15,676 Public Debt Cash Redemp. (Table III-B) 792 367,374 2,461,049 Social Security Benefits (EFT) 45 44,303 254,950 Supple. Nutrition Assist. Program (SNAP) 31 261 1,979 Temporary Assistance for Needy Families (HHS) 39 930 6,716 Transportation Security Admin. (DHS) 1 61 411 Unemployment Insurance Benefits 225 5,136 38,344 Veterans Affairs programs 129 2,184 15,643 Other Withdrawals: Deposit Insurance Fund 89 338 3,802 Emergency Prep & Response (DHS) 56 625 5,656 HHS Deposit Fund Transfers to States 1/ 284 404 404 HHS: Indian Health Service 288 701 2,652 Interior 114 686 4,594 IRS Tax Refunds Business (EFT) 90 2,030 10,893 IRS Tax Refunds Individual (EFT) 7,567 72,795 85,833 Thrift Savings Plan Transfer 86 1,743 10,028 Unclassified 1,413 17,892 123,594 Total, Other Withdrawals 9,987 122,232 396,945 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 21,705 691,406 4,079,854 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 4,303 71,666 525,151 Total Withdrawals (excluding transfers) 21,705 691,406 4,079,854 Net Change in Operating Cash Balance -12,952 -101,248 -742 1/Transfer by HHS from Federal Tax Refund Offset Program to various State age ncies for delinquent child support. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday February 17, 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 0 336,117 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 -1,013 574 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 55 1,521 Interest Increment 1 548 2,753 Government Account Series 239,266 3,119,326 22,640,539 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 0 4,093 37,986 Other 732 10,469 76,866 Total Issues 239,941 3,570,374 25,622,939 (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 0 289,142 1,928,238 Notes 0 58,409 401,541 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 39 538 4,196 Government Account Series 235,586 3,142,546 22,535,636 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 20 8,822 50,145 Other 733 10,462 76,928 Total Redemptions 236,378 3,509,921 24,996,685 Net Change in Public Debt Outstanding 3,563 60,453 626,254 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday February 17, 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) 239,941 3,570,374 25,622,939 Premium on New Issues 0 0 6,139 Discount on New Issues: Bills (-) 0 114 372 Bonds and Notes (-) 0 547 2,309 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 239,266 3,119,326 22,640,539 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 548 2,753 Inflation-Protected Securities Increment -62 -1,013 -145 Total Public Debt Cash Issues Deposited in Federal Reserve Account 735 450,853 2,983,250 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 236,378 3,509,921 24,996,685 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 (-) 235,586 3,142,546 22,535,636 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 792 367,374 2,461,049 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday February 17, 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 $ 10,655,355 $ 10,655,376 $ 10,572,374 $ 10,127,031 Intragovernmental Holdings 4,761,239 4,757,655 4,783,766 4,663,309 Total Public Debt Outstanding 15,416,594 15,413,031 15,356,140 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 32,991 33,000 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 15,374,192 15,370,620 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 Friday February 17, 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 $ 6,605 $ 102,174 $ 694,849 Individual Income Taxes 31 359 6,281 Railroad Retirement Taxes 26 274 1,735 Excise Taxes 18 3,148 26,053 Corporation Income Taxes 95 3,378 77,588 Federal Unemployment Taxes 4 254 3,127 Estate and Gift Taxes & Misc IRS Rcpts. 2 21 169 Change in Balance of Unclassified Taxes 0 0 0 Total 6,782 109,607 809,801 These Receipts were deposited in: Federal Reserve Account: Directly 28 2,127 14,976 Collector Depositaries 2,412 30,257 240,792 Tax and Loan Accounts 4,303 71,666 523,346 Inter-agency Transfers 39 5,557 30,688 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 40 4,259 4,303 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 40 4,259 4,303 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 Friday February 17, 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 $ 8,476 $ 77,676 $ 105,976 Business 340 3,801 24,818 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.