1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday March 01, 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 $ 61,827 $ 62,542 $ 62,542 $ 56,284 Supplementary Financing Program 0 0 0 0 Tax and Loan Note Accounts (Table V) 0 0 0 1,805 Total Operating Balance 61,827 62,542 62,542 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday March 01, 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) 44 44 4,237 Air Transport Security Fees 1 1 932 Commodity Credit Corporation programs 35 35 3,491 Customs and Certain Excise Taxes 49 49 16,482 Deposits by States: Supplemental Security Income 3 3 1,811 Unemployment 36 36 16,416 Education Department programs 92 92 12,858 Energy Department programs 17 17 2,965 Estate and Gift Taxes 38 38 5,265 Federal Reserve Earnings 0 0 29,074 Foreign Deposits, Military Sales 1,665 1,665 10,256 FTD's Received (Table IV) 2,604 2,604 276,564 GSE MBS Purchase Program Income 0 0 60,916 Housing and Urban Development programs 4 4 1,026 Individual Income and Employment Taxes, Not Withheld 250 250 85,578 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 16 16 2,311 Postal Service 329 329 38,119 Public Debt Cash Issues (Table III-B) 128,586 128,586 3,341,741 Other Deposits: Deposit Insurance Fund 207 207 2,222 Medicare Premiums 110 110 10,330 Natl Railroad Retirement Inv Trust 201 201 884 Pension Benefit Guaranty Corp. 108 108 2,321 Total Other Deposits 627 627 45,736 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 13,024 13,024 577,635 Total Federal Reserve Account 147,421 147,421 4,533,421 Tax and Loan Note Accounts: FTD's Received (Table IV) 13,024 13,024 575,829 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 13,024 13,024 575,829 Total Deposits (excluding transfers) 147,421 147,421 4,531,616 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday March 01, 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 22 22 11,969 Defense Vendor Payments (EFT) 1,629 1,629 155,837 Education Department programs 572 572 101,692 Energy Department programs 152 152 17,388 Federal Employees Insurance Payments 179 179 28,564 Fed. Highway Administration programs 112 112 16,952 Federal Salaries (EFT) 434 434 70,985 Food and Nutrition Service (misc) 145 145 42,458 GSA programs 516 516 9,355 Health and Human Services Grants (misc) 516 516 41,873 Housing and Urban Development programs 2,571 2,571 32,759 Interest on Treasury Securities 152 152 103,282 Justice Department programs 14 14 6,849 Labor Dept. prgms (excl. unemployment) 71 71 5,949 Medicaid 2,215 2,215 99,020 Medicare 16,796 16,796 223,128 NASA programs 0 0 6,435 Postal Service Money Orders and Other 131 131 17,125 Public Debt Cash Redemp. (Table III-B) 95,994 95,994 2,717,429 Social Security Benefits (EFT) 266 266 265,809 Supple. Nutrition Assist. Program (SNAP) 16 16 2,121 Temporary Assistance for Needy Families (HHS) 90 90 7,195 Transportation Security Admin. (DHS) 0 0 434 Unemployment Insurance Benefits 311 311 42,129 Veterans Affairs programs 479 479 17,240 Other Withdrawals: Civil Service Retirement (EFT) 4,840 4,840 28,419 IRS Tax Refunds Individual (EFT) 1,889 1,889 134,586 Library of Congress 702 702 964 Military Active Duty Pay (EFT) 3,917 3,917 35,120 Military Retirement (EFT) 3,932 3,932 19,792 Railroad Retirement (EFT) 933 933 5,489 Supple. Security Income Benefits (EFT) 3,301 3,301 17,070 Thrift Savings Plan Transfer 112 112 11,314 Veterans Benefits (EFT) 4,033 4,033 21,176 Unclassified 1,094 1,094 133,559 Total, Other Withdrawals 24,753 24,753 483,903 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 148,137 148,137 4,527,879 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 13,024 13,024 577,635 Total Withdrawals (excluding transfers) 148,137 148,137 4,527,879 Net Change in Operating Cash Balance -716 -716 3,737 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday March 01, 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 106,422 106,422 2,229,860 Cash Management Series 20,000 20,000 50,001 Notes 0 0 836,307 Bonds 0 0 91,966 Inflation-Protected Securities Increment -61 -61 -233 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 3 1,560 Interest Increment 493 493 3,252 Government Account Series 233,763 233,763 24,526,925 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 1,133 1,133 43,862 Other 1,067 1,067 83,504 Total Issues 362,820 362,820 27,867,805 (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 91,421 91,421 2,111,949 Notes 0 0 463,260 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 44 44 4,514 Government Account Series 254,703 254,703 24,439,702 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 200 200 200 State and Local Series 3,278 3,278 53,959 Other 1,051 1,051 83,547 Total Redemptions 350,697 350,697 27,157,131 Net Change in Public Debt Outstanding 12,123 12,123 710,674 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday March 01, 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) 362,820 362,820 27,867,805 Premium on New Issues 0 0 6,139 Discount on New Issues: Bills (-) 38 38 439 Bonds and Notes (-) 0 0 2,527 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 233,763 233,763 24,526,925 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 493 493 3,252 Inflation-Protected Securities Increment -61 -61 -941 Total Public Debt Cash Issues Deposited in Federal Reserve Account 128,586 128,586 3,341,741 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 350,697 350,697 27,157,131 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 (-) 254,703 254,703 24,439,702 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 95,994 95,994 2,717,429 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday March 01, 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 $ 10,755,611 $ 10,722,996 $ 10,722,996 $ 10,127,031 Intragovernmental Holdings 4,745,404 4,765,895 4,765,895 4,663,309 Total Public Debt Outstanding 15,501,015 15,488,891 15,488,891 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 33,248 33,219 33,219 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 15,458,356 15,446,261 15,446,261 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 March 01, 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 $ 16,099 $ 16,099 $ 767,061 Individual Income Taxes 125 125 6,734 Railroad Retirement Taxes 9 9 1,916 Excise Taxes 25 25 29,037 Corporation Income Taxes 95 95 78,196 Federal Unemployment Taxes 4 4 3,163 Estate and Gift Taxes & Misc IRS Rcpts. 1 1 176 Change in Balance of Unclassified Taxes 0 0 0 Total 16,360 16,360 886,283 These Receipts were deposited in: Federal Reserve Account: Directly 65 65 16,291 Collector Depositaries 2,539 2,539 260,273 Tax and Loan Accounts 13,024 13,024 575,829 Inter-agency Transfers 731 731 33,889 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) 7 33 12,984 13,024 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 7 33 12,984 13,024 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 March 01, 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 $ 2,440 $ 2,440 $ 159,641 Business 76 76 26,842 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.