1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday February 22, 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 $ 36,033 $ 54,841 $ 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 36,033 54,841 158,596 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday February 22, 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) 46 509 3,980 Air Transport Security Fees 1 15 734 Commodity Credit Corporation programs 56 578 3,234 Customs and Certain Excise Taxes 133 1,253 14,453 Deposits by States: Supplemental Security Income 5 284 1,543 Unemployment 46 3,437 16,127 Education Department programs 288 2,226 12,011 Energy Department programs 63 251 2,643 Estate and Gift Taxes 104 655 4,609 Federal Reserve Earnings 1,184 5,198 27,556 Foreign Deposits, Military Sales 8 1,038 8,256 FTD's Received (Table IV) 1,476 36,905 260,289 GSE MBS Purchase Program Income 0 11,762 60,527 Housing and Urban Development programs 78 167 978 Individual Income and Employment Taxes, Not Withheld 272 3,539 83,569 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 38 261 2,221 Postal Service 469 5,597 36,109 Public Debt Cash Issues (Table III-B) 1,078 453,932 2,986,329 Other Deposits: Medicare Premiums 235 1,339 9,570 Total Other Deposits 235 3,138 42,846 Change in Balance of Uncollected Funds -1 -1 4 Transfers from Depositaries 2,643 85,437 538,922 Total Federal Reserve Account 8,219 616,182 4,106,941 Tax and Loan Note Accounts: FTD's Received (Table IV) 2,643 85,437 537,117 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 2,643 85,437 537,117 Total Deposits (excluding transfers) 8,219 616,182 4,105,136 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday February 22, 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 23 523 11,797 Defense Vendor Payments (EFT) 1,996 20,722 145,742 Education Department programs 1,243 16,801 96,653 Energy Department programs 98 2,027 15,989 Federal Employees Insurance Payments 257 3,798 26,517 Fed. Highway Administration programs 126 1,904 16,174 Federal Salaries (EFT) 108 12,143 69,343 Food and Nutrition Service (misc) 270 6,743 40,840 GSA programs 56 1,418 8,450 Health and Human Services Grants (misc) 494 5,407 38,876 Housing and Urban Development programs 134 5,127 29,393 Interest on Treasury Securities 2 32,944 97,126 Justice Department programs 45 1,004 6,603 Labor Dept. prgms (excl. unemployment) 50 828 5,511 Medicaid 954 15,270 92,593 Medicare 2,285 36,532 197,651 NASA programs 83 918 6,151 Postal Service Money Orders and Other 180 2,552 16,143 Public Debt Cash Redemp. (Table III-B) 760 369,045 2,462,720 Social Security Benefits (EFT) 10,483 54,822 265,469 Supple. Nutrition Assist. Program (SNAP) 14 306 2,025 Temporary Assistance for Needy Families (HHS) 26 990 6,776 Transportation Security Admin. (DHS) 1 63 413 Unemployment Insurance Benefits 687 6,376 39,584 Veterans Affairs programs 83 2,566 16,025 Other Withdrawals: Agriculture 111 601 4,132 Emergency Prep & Response (DHS) 73 725 5,756 HHS: Indian Health Service 164 1,010 2,961 Interior 76 839 4,746 IRS Tax Refunds Business (EFT) 67 2,251 11,114 IRS Tax Refunds Individual (EFT) 4,457 83,943 96,981 Thrift Savings Plan Transfer 272 2,363 10,648 Unclassified 1,347 20,753 126,455 Total, Other Withdrawals 6,567 137,915 412,628 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 27,026 738,744 4,127,192 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 2,643 85,437 538,922 Total Withdrawals (excluding transfers) 27,026 738,744 4,127,192 Net Change in Operating Cash Balance -18,807 -122,562 -22,056 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday February 22, 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 -1,324 263 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 66 1,531 Interest Increment 1 550 2,754 Government Account Series 238,448 3,589,768 23,110,982 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 344 5,699 39,591 Other 731 11,931 78,328 Total Issues 239,465 4,043,586 26,096,151 (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 28 617 4,275 Government Account Series 242,181 3,614,358 23,007,447 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 1 8,951 50,274 Other 731 11,925 78,391 Total Redemptions 242,941 3,983,403 25,470,168 Net Change in Public Debt Outstanding -3,477 60,183 625,983 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday February 22, 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) 239,465 4,043,586 26,096,151 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 (-) 238,448 3,589,768 23,110,982 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 550 2,754 Inflation-Protected Securities Increment -62 -1,324 -456 Total Public Debt Cash Issues Deposited in Federal Reserve Account 1,078 453,932 2,986,329 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 242,941 3,983,403 25,470,168 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 (-) 242,181 3,614,358 23,007,447 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 760 369,045 2,462,720 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday February 22, 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 $ 10,656,161 $ 10,656,187 $ 10,572,374 $ 10,127,031 Intragovernmental Holdings 4,760,162 4,763,614 4,783,766 4,663,309 Total Public Debt Outstanding 15,416,324 15,419,800 15,356,140 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 32,944 32,954 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 15,373,968 15,377,436 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 22, 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 $ 4,205 $ 120,702 $ 713,378 Individual Income Taxes 55 466 6,388 Railroad Retirement Taxes 4 303 1,765 Excise Taxes 16 3,193 26,098 Corporation Income Taxes 105 3,732 77,942 Federal Unemployment Taxes 4 264 3,136 Estate and Gift Taxes & Misc IRS Rcpts. 0 23 171 Change in Balance of Unclassified Taxes 0 0 0 Total 4,389 128,683 828,877 These Receipts were deposited in: Federal Reserve Account: Directly 54 2,224 15,073 Collector Depositaries 1,422 34,681 245,216 Tax and Loan Accounts 2,643 85,437 537,117 Inter-agency Transfers 271 6,341 31,472 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 37 2,602 2,643 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 37 2,602 2,643 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 22, 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 $ 5,112 $ 89,580 $ 117,880 Business 214 4,673 25,690 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.