1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday February 21, 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 $ 54,841 $ 57,347 $ 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 54,841 57,347 158,596 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday February 21, 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) 68 463 3,934 Air Transport Security Fees 1 14 733 Commodity Credit Corporation programs 32 522 3,178 Customs and Certain Excise Taxes 90 1,120 14,320 Deposits by States: Supplemental Security Income 3 279 1,537 Unemployment 44 3,392 16,081 Education Department programs 140 1,937 11,723 Energy Department programs 46 188 2,581 Estate and Gift Taxes 24 552 4,505 Federal Reserve Earnings 0 4,014 26,373 Foreign Deposits, Military Sales 8 1,031 8,249 FTD's Received (Table IV) 3,045 35,429 258,813 GSE MBS Purchase Program Income 0 11,762 60,527 Housing and Urban Development programs 0 89 900 Individual Income and Employment Taxes, Not Withheld 180 3,267 83,297 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 8 223 2,183 Postal Service 405 5,128 35,640 Public Debt Cash Issues (Table III-B) 2,001 452,854 2,985,251 Other Deposits: Defense Finance & Accounting Service 61 426 2,892 Medicare Premiums 471 1,104 9,335 Pension Benefit Guaranty Corp. 52 167 1,560 Total Other Deposits 584 2,904 42,612 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 11,128 82,794 536,279 Total Federal Reserve Account 17,806 607,964 4,098,722 Tax and Loan Note Accounts: FTD's Received (Table IV) 11,128 82,794 534,474 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 11,128 82,794 534,474 Total Deposits (excluding transfers) 17,806 607,964 4,096,917 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday February 21, 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 31 500 11,774 Defense Vendor Payments (EFT) 1,565 18,726 143,746 Education Department programs 908 15,559 95,410 Energy Department programs 141 1,929 15,892 Federal Employees Insurance Payments 194 3,540 26,260 Fed. Highway Administration programs 129 1,778 16,048 Federal Salaries (EFT) 1,746 12,036 69,235 Food and Nutrition Service (misc) 871 6,474 40,571 GSA programs 99 1,362 8,394 Health and Human Services Grants (misc) 430 4,912 38,382 Housing and Urban Development programs 152 4,992 29,258 Interest on Treasury Securities 1 32,942 97,125 Justice Department programs 77 959 6,558 Labor Dept. prgms (excl. unemployment) 54 778 5,461 Medicaid 407 14,316 91,638 Medicare 2,158 34,247 195,366 NASA programs 82 835 6,068 Postal Service Money Orders and Other 287 2,372 15,963 Public Debt Cash Redemp. (Table III-B) 911 368,285 2,461,960 Social Security Benefits (EFT) 40 44,340 254,987 Supple. Nutrition Assist. Program (SNAP) 31 292 2,010 Temporary Assistance for Needy Families (HHS) 34 964 6,750 Transportation Security Admin. (DHS) 1 62 411 Unemployment Insurance Benefits 553 5,689 38,897 Veterans Affairs programs 299 2,483 15,941 Other Withdrawals: Agency for Internat'l Development 50 555 5,821 Federal Aviation Administration 54 384 3,187 Federal Transit Admin. 65 724 4,840 HHS: Indian Health Service 145 847 2,798 Interior 76 762 4,670 IRS Tax Refunds Business (EFT) 154 2,184 11,047 IRS Tax Refunds Individual (EFT) 6,710 79,494 92,532 Thrift Savings Plan Transfer 347 2,091 10,376 Unclassified 1,511 19,405 125,108 Total, Other Withdrawals 9,113 131,348 406,061 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 20,312 711,718 4,100,166 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 11,128 82,794 536,279 Total Withdrawals (excluding transfers) 20,312 711,718 4,100,166 Net Change in Operating Cash Balance -2,506 -103,755 -3,249 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday February 21, 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 -249 -1,262 326 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 8 63 1,528 Interest Increment 1 549 2,754 Government Account Series 231,995 3,351,320 22,872,534 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 1,261 5,355 39,247 Other 732 11,201 77,597 Total Issues 233,748 3,804,122 25,856,687 (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 51 589 4,247 Government Account Series 229,631 3,372,177 22,765,267 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 127 8,950 50,273 Other 732 11,194 77,660 Total Redemptions 230,541 3,740,462 25,227,227 Net Change in Public Debt Outstanding 3,206 63,660 629,460 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday February 21, 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) 233,748 3,804,122 25,856,687 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 (-) 231,995 3,351,320 22,872,534 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 549 2,754 Inflation-Protected Securities Increment -249 -1,262 -393 Total Public Debt Cash Issues Deposited in Federal Reserve Account 2,001 452,854 2,985,251 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 230,541 3,740,462 25,227,227 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 (-) 229,631 3,372,177 22,765,267 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 911 368,285 2,461,960 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday February 21, 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 $ 10,656,187 $ 10,655,355 $ 10,572,374 $ 10,127,031 Intragovernmental Holdings 4,763,614 4,761,239 4,783,766 4,663,309 Total Public Debt Outstanding 15,419,800 15,416,594 15,356,140 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 32,954 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 15,377,436 15,374,192 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 21, 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 $ 14,324 $ 116,497 $ 709,173 Individual Income Taxes 52 411 6,332 Railroad Retirement Taxes 26 300 1,761 Excise Taxes 30 3,177 26,082 Corporation Income Taxes 249 3,627 77,837 Federal Unemployment Taxes 6 260 3,132 Estate and Gift Taxes & Misc IRS Rcpts. 2 23 170 Change in Balance of Unclassified Taxes 0 0 0 Total 14,687 124,294 824,488 These Receipts were deposited in: Federal Reserve Account: Directly 44 2,170 15,019 Collector Depositaries 3,002 33,259 243,794 Tax and Loan Accounts 11,128 82,794 534,474 Inter-agency Transfers 513 6,070 31,201 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 11,086 11,128 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 11,086 11,128 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 21, 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 $ 6,811 $ 84,477 $ 112,776 Business 658 4,459 25,476 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.