1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday March 02, 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 $ 35,511 $ 61,827 $ 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 35,511 61,827 62,542 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday March 02, 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) 16 59 4,253 Air Transport Security Fees 3 4 936 Commodity Credit Corporation programs 29 64 3,520 Customs and Certain Excise Taxes 49 98 16,531 Deposits by States: Supplemental Security Income 2 5 1,814 Unemployment 37 73 16,453 Education Department programs 140 232 12,998 Energy Department programs 9 27 2,975 Estate and Gift Taxes 35 73 5,300 Federal Reserve Earnings 0 0 29,074 Foreign Deposits, Military Sales 13 1,678 10,270 FTD's Received (Table IV) 2,657 5,261 279,222 GSE MBS Purchase Program Income 0 0 60,916 Housing and Urban Development programs 3 7 1,029 Individual Income and Employment Taxes, Not Withheld 371 621 85,949 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 28 44 2,339 Postal Service 355 684 38,474 Public Debt Cash Issues (Table III-B) 778 129,365 3,342,520 Other Deposits: Thrift Savings Plan Transfer 65 84 10,945 Total Other Deposits 65 692 45,801 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 6,286 19,310 583,921 Total Federal Reserve Account 10,877 158,298 4,544,298 Tax and Loan Note Accounts: FTD's Received (Table IV) 6,286 19,310 582,115 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 6,286 19,310 582,115 Total Deposits (excluding transfers) 10,877 158,298 4,542,492 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday March 02, 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 24 45 11,993 Defense Vendor Payments (EFT) 609 2,238 156,446 Education Department programs 573 1,145 102,264 Energy Department programs 209 361 17,597 Federal Employees Insurance Payments 152 330 28,715 Fed. Highway Administration programs 146 258 17,098 Federal Salaries (EFT) 3,794 4,227 74,779 Food and Nutrition Service (misc) 246 391 42,704 GSA programs 24 540 9,379 Health and Human Services Grants (misc) 332 847 42,205 Housing and Urban Development programs 220 2,791 32,979 Interest on Treasury Securities 2 153 103,283 Justice Department programs 68 82 6,916 Labor Dept. prgms (excl. unemployment) 61 132 6,009 Medicaid 392 2,607 99,412 Medicare 1,358 18,154 224,485 NASA programs 87 87 6,521 Postal Service Money Orders and Other 159 290 17,284 Public Debt Cash Redemp. (Table III-B) 822 96,816 2,718,251 Social Security Benefits (EFT) 23,107 23,370 288,912 Supple. Nutrition Assist. Program (SNAP) 39 56 2,161 Temporary Assistance for Needy Families (HHS) 122 212 7,317 Transportation Security Admin. (DHS) 1/ -1 0 434 Unemployment Insurance Benefits 171 483 42,301 Veterans Affairs programs 164 642 17,403 Other Withdrawals: Deposit Insurance Fund 69 80 4,346 HHS Deposit Fund Transfers to States 2/ 93 93 639 Interior 50 76 5,062 IRS Tax Refunds Business (EFT) 52 52 11,701 IRS Tax Refunds Individual (EFT) 1,714 3,588 136,284 Supple. Security Income Benefits (EFT) 86 3,387 17,157 Thrift Savings Plan Transfer 369 482 11,683 U.S. District Courts (net) -83 -96 -1,518 Unclassified 1,964 3,063 135,528 Total, Other Withdrawals 4,313 29,072 488,222 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 37,192 185,329 4,565,071 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 6,286 19,310 583,921 Total Withdrawals (excluding transfers) 37,192 185,329 4,565,071 Net Change in Operating Cash Balance -26,315 -27,031 -22,578 1/Reported as a negative amount due to a return/reversal of $1 million. 2/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 March 02, 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 0 106,422 2,229,860 Cash Management Series 0 20,000 50,001 Notes 0 0 836,307 Bonds 0 0 91,966 Inflation-Protected Securities Increment 102 42 -130 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 5 1,562 Interest Increment 0 493 3,252 Government Account Series 245,037 478,800 24,771,962 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 25 1,158 43,887 Other 751 1,818 84,255 Total Issues 245,918 608,738 28,113,723 (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 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 34 78 4,549 Government Account Series 256,237 510,940 24,695,939 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 200 200 State and Local Series 37 3,315 53,995 Other 751 1,802 84,298 Total Redemptions 257,059 607,756 27,414,190 Net Change in Public Debt Outstanding -11,141 982 699,533 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday March 02, 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) 245,918 608,738 28,113,723 Premium on New Issues 0 0 6,139 Discount on New Issues: Bills (-) 0 38 439 Bonds and Notes (-) 0 0 2,527 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 245,037 478,800 24,771,962 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 493 3,252 Inflation-Protected Securities Increment 102 42 -839 Total Public Debt Cash Issues Deposited in Federal Reserve Account 778 129,365 3,342,520 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 257,059 607,756 27,414,190 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 (-) 256,237 510,940 24,695,939 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 822 96,816 2,718,251 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday March 02, 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 $ 10,756,483 $ 10,755,611 $ 10,722,996 $ 10,127,031 Intragovernmental Holdings 4,733,390 4,745,404 4,765,895 4,663,309 Total Public Debt Outstanding 15,489,874 15,501,015 15,488,891 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 33,238 33,248 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 15,447,224 15,458,356 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 Friday March 02, 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 $ 9,452 $ 25,552 $ 776,513 Individual Income Taxes 68 194 6,803 Railroad Retirement Taxes 28 37 1,944 Excise Taxes 10 35 29,047 Corporation Income Taxes 67 162 78,262 Federal Unemployment Taxes 4 8 3,166 Estate and Gift Taxes & Misc IRS Rcpts. 0 1 177 Change in Balance of Unclassified Taxes 0 0 0 Total 9,629 25,989 895,912 These Receipts were deposited in: Federal Reserve Account: Directly 44 109 16,335 Collector Depositaries 2,613 5,152 262,886 Tax and Loan Accounts 6,286 19,310 582,115 Inter-agency Transfers 686 1,417 34,576 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 6,244 6,286 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 6,244 6,286 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 March 02, 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 $ 3,411 $ 5,836 $ 163,037 Business 301 377 27,143 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.