1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday March 06, 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 $ 27,967 $ 35,979 $ 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 27,967 35,979 62,542 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday March 06, 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) 35 121 4,315 Air Transport Security Fees 0 5 937 Commodity Credit Corporation programs 45 143 3,600 Customs and Certain Excise Taxes 81 254 16,687 Deposits by States: Supplemental Security Income 5 15 1,823 Unemployment 38 128 16,508 Education Department programs 165 490 13,256 Energy Department programs 14 55 3,003 Estate and Gift Taxes 57 186 5,413 Federal Reserve Earnings 0 0 29,074 Foreign Deposits, Military Sales 11 1,704 10,296 FTD's Received (Table IV) 722 8,697 282,658 GSE MBS Purchase Program Income 0 0 60,916 Housing and Urban Development programs 1 35 1,056 Individual Income and Employment Taxes, Not Withheld 1,332 2,674 88,002 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 8 66 2,361 Postal Service 487 1,618 39,407 Public Debt Cash Issues (Table III-B) 1,109 131,345 3,344,500 Other Deposits: Federal Housing Admin: Note Sales 316 456 6,829 Interior: Bureau of Land Management 73 90 525 Total Other Deposits 389 1,195 46,305 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 1,348 31,407 596,017 Total Federal Reserve Account 5,849 180,137 4,566,137 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,348 31,407 594,212 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 1,348 31,407 594,212 Total Deposits (excluding transfers) 5,849 180,137 4,564,331 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday March 06, 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 20 96 12,044 Defense Vendor Payments (EFT) 1,026 5,188 159,396 Education Department programs 444 2,297 103,416 Energy Department programs 99 567 17,803 Federal Employees Insurance Payments 245 733 29,118 Fed. Highway Administration programs 139 462 17,302 Federal Salaries (EFT) 152 5,765 76,316 Food and Nutrition Service (misc) 444 1,572 43,885 GSA programs 45 661 9,500 Health and Human Services Grants (misc) 308 1,489 42,847 Housing and Urban Development programs 151 3,114 33,303 Interest on Treasury Securities 1 155 103,285 Justice Department programs 89 293 7,127 Labor Dept. prgms (excl. unemployment) 36 210 6,087 Medicaid 1,212 4,744 101,549 Medicare 1,507 20,798 227,130 NASA programs 47 218 6,653 Postal Service Money Orders and Other 229 813 17,807 Public Debt Cash Redemp. (Table III-B) 781 98,394 2,719,829 Social Security Benefits (EFT) 31 23,432 288,975 Supple. Nutrition Assist. Program (SNAP) 9 84 2,189 Temporary Assistance for Needy Families (HHS) 48 306 7,410 Transportation Security Admin. (DHS) 1 3 437 Unemployment Insurance Benefits 636 1,460 43,278 Veterans Affairs programs 163 1,036 17,798 Other Withdrawals: Agriculture 133 202 4,490 Deposit Insurance Fund 68 340 4,606 Federal Crop Ins. Corp. 50 130 6,389 Federal Railroad Admin. 60 67 1,296 IRS Tax Refunds Business (EFT) 236 324 11,973 IRS Tax Refunds Individual (EFT) 2,393 7,987 140,683 Thrift Savings Plan Transfer 142 877 12,078 Veterans Benefits (EFT) 65 4,098 21,241 Unclassified 2,851 9,106 141,571 Total, Other Withdrawals 5,997 40,821 499,971 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 13,862 214,713 4,594,455 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 1,348 31,407 596,017 Total Withdrawals (excluding transfers) 13,862 214,713 4,594,455 Net Change in Operating Cash Balance -8,012 -34,576 -30,123 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday March 06, 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 103 455 283 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 13 1,570 Interest Increment 0 493 3,253 Government Account Series 235,967 947,410 25,240,572 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 358 1,631 44,360 Other 749 3,317 85,755 Total Issues 237,179 1,079,742 28,584,727 (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 32 151 4,622 Government Account Series 229,358 971,215 25,156,214 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 200 200 State and Local Series 0 3,319 54,000 Other 749 3,303 85,799 Total Redemptions 230,139 1,069,610 27,876,044 Net Change in Public Debt Outstanding 7,040 10,132 708,683 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday March 06, 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) 237,179 1,079,742 28,584,727 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 (-) 235,967 947,410 25,240,572 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 493 3,253 Inflation-Protected Securities Increment 103 455 -425 Total Public Debt Cash Issues Deposited in Federal Reserve Account 1,109 131,345 3,344,500 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 230,139 1,069,610 27,876,044 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 (-) 229,358 971,215 25,156,214 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 781 98,394 2,719,829 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday March 06, 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 $ 10,756,417 $ 10,755,894 $ 10,722,996 $ 10,127,031 Intragovernmental Holdings 4,742,607 4,736,089 4,765,895 4,663,309 Total Public Debt Outstanding 15,499,024 15,491,983 15,488,891 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 33,199 33,209 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 15,456,414 15,449,364 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 Tuesday March 06, 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 $ 2,475 $ 41,816 $ 792,778 Individual Income Taxes 51 310 6,919 Railroad Retirement Taxes 7 84 1,991 Excise Taxes 8 60 29,072 Corporation Income Taxes 68 295 78,395 Federal Unemployment Taxes 4 16 3,174 Estate and Gift Taxes & Misc IRS Rcpts. 2 5 180 Change in Balance of Unclassified Taxes 0 0 0 Total 2,615 42,585 912,509 These Receipts were deposited in: Federal Reserve Account: Directly 46 191 16,417 Collector Depositaries 677 8,506 266,241 Tax and Loan Accounts 1,348 31,407 594,212 Inter-agency Transfers 545 2,481 35,639 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) 2 18 1,328 1,348 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 2 18 1,328 1,348 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 March 06, 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 $ 2,772 $ 10,983 $ 168,185 Business 613 1,095 27,861 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.