1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday March 07, 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 $ 26,437 $ 27,967 $ 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 26,437 27,967 62,542 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday March 07, 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) 41 162 4,355 Air Transport Security Fees 0 5 937 Commodity Credit Corporation programs 34 177 3,634 Customs and Certain Excise Taxes 77 331 16,764 Deposits by States: Supplemental Security Income 2 16 1,825 Unemployment 24 152 16,532 Education Department programs 72 562 13,328 Energy Department programs 13 68 3,016 Estate and Gift Taxes 45 231 5,458 Federal Reserve Earnings 2,286 2,286 31,360 Foreign Deposits, Military Sales 52 1,756 10,348 FTD's Received (Table IV) 4,278 12,976 286,936 GSE MBS Purchase Program Income 0 0 60,916 Housing and Urban Development programs 1 36 1,057 Individual Income and Employment Taxes, Not Withheld 1,050 3,723 89,052 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 12 78 2,372 Postal Service 375 1,993 39,783 Public Debt Cash Issues (Table III-B) 1,536 132,881 3,346,036 Other Deposits: Deposit Insurance Fund 310 521 2,536 Federal Housing Admin: Note Sales 216 672 7,046 TARP 42 42 2,969 Total Other Deposits 568 1,763 46,873 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 4,458 35,864 600,475 Total Federal Reserve Account 14,924 195,062 4,581,061 Tax and Loan Note Accounts: FTD's Received (Table IV) 4,458 35,864 598,669 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 4,458 35,864 598,669 Total Deposits (excluding transfers) 14,924 195,062 4,579,256 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday March 07, 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 21 117 12,064 Defense Vendor Payments (EFT) 890 6,078 160,286 Education Department programs 619 2,916 104,036 Energy Department programs 79 645 17,881 Federal Employees Insurance Payments 251 984 29,369 Fed. Highway Administration programs 132 595 17,434 Federal Salaries (EFT) 79 5,844 76,395 Food and Nutrition Service (misc) 388 1,960 44,274 GSA programs 58 718 9,557 Health and Human Services Grants (misc) 313 1,803 43,160 Housing and Urban Development programs 190 3,305 33,493 Interest on Treasury Securities 1 157 103,287 Justice Department programs 35 327 7,161 Labor Dept. prgms (excl. unemployment) 38 248 6,125 Medicaid 826 5,570 102,375 Medicare 1,284 22,083 228,415 NASA programs 37 255 6,689 Postal Service Money Orders and Other 174 987 17,980 Public Debt Cash Redemp. (Table III-B) 782 99,177 2,720,612 Social Security Benefits (EFT) 58 23,489 289,031 Supple. Nutrition Assist. Program (SNAP) 9 93 2,198 Temporary Assistance for Needy Families (HHS) 9 314 7,419 Transportation Security Admin. (DHS) 1 4 438 Unemployment Insurance Benefits 489 1,950 43,767 Veterans Affairs programs 147 1,184 17,945 Other Withdrawals: Emergency Prep & Response (DHS) 56 182 6,146 Federal Financing Bank 186 231 4,117 HHS: Indian Health Service 66 117 3,601 IRS Tax Refunds Individual (EFT) 7,152 15,133 147,829 State Department 68 180 4,488 TARP 2 2 1,090 Thrift Savings Plan Transfer 69 945 12,146 Unclassified 1,943 11,052 143,517 Total, Other Withdrawals 9,542 50,366 509,517 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 16,454 231,167 4,610,909 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 4,458 35,864 600,475 Total Withdrawals (excluding transfers) 16,454 231,167 4,610,909 Net Change in Operating Cash Balance -1,530 -36,106 -31,653 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday March 07, 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 -5 -6 836,301 Bonds 0 0 91,966 Inflation-Protected Securities Increment 103 559 387 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 16 1,573 Interest Increment 0 494 3,253 Government Account Series 229,117 1,176,528 25,469,689 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 790 2,421 45,150 Other 749 4,066 86,504 Total Issues 230,757 1,310,499 28,815,484 (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 33 185 4,655 Government Account Series 230,692 1,201,907 25,386,906 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 4,052 86,548 Total Redemptions 231,474 1,301,084 28,107,518 Net Change in Public Debt Outstanding -717 9,415 707,966 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday March 07, 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) 230,757 1,310,499 28,815,484 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 (-) 229,117 1,176,528 25,469,689 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 494 3,253 Inflation-Protected Securities Increment 103 559 -322 Total Public Debt Cash Issues Deposited in Federal Reserve Account 1,536 132,881 3,346,036 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 231,474 1,301,084 28,107,518 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 (-) 230,692 1,201,907 25,386,906 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 782 99,177 2,720,612 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday March 07, 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 $ 10,757,197 $ 10,756,417 $ 10,722,996 $ 10,127,031 Intragovernmental Holdings 4,741,109 4,742,607 4,765,895 4,663,309 Total Public Debt Outstanding 15,498,307 15,499,024 15,488,891 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 33,189 33,199 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 15,455,707 15,456,414 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 Wednesday March 07, 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 $ 8,844 $ 50,660 $ 801,621 Individual Income Taxes 31 341 6,950 Railroad Retirement Taxes 5 89 1,996 Excise Taxes 12 72 29,084 Corporation Income Taxes 99 394 78,494 Federal Unemployment Taxes 4 20 3,178 Estate and Gift Taxes & Misc IRS Rcpts. 3 8 183 Change in Balance of Unclassified Taxes 0 0 0 Total 8,999 51,585 921,508 These Receipts were deposited in: Federal Reserve Account: Directly 43 234 16,460 Collector Depositaries 4,235 12,742 270,476 Tax and Loan Accounts 4,458 35,864 598,669 Inter-agency Transfers 263 2,744 35,903 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 49 4,405 4,458 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 49 4,405 4,458 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 March 07, 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 $ 7,571 $ 18,547 $ 175,748 Business 698 1,794 28,560 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.