1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday March 09, 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 $ 35,753 $ 39,879 $ 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 35,753 39,879 62,542 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday March 09, 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) 42 216 4,409 Air Transport Security Fees 0 6 937 Commodity Credit Corporation programs 42 252 3,708 Customs and Certain Excise Taxes 54 435 16,868 Deposits by States: Supplemental Security Income 3 82 1,891 Unemployment 18 188 16,568 Education Department programs 66 763 13,528 Energy Department programs 3 76 3,024 Estate and Gift Taxes 29 318 5,545 Federal Reserve Earnings 0 2,286 31,360 Foreign Deposits, Military Sales 10 1,778 10,369 FTD's Received (Table IV) 1,793 15,494 289,454 GSE MBS Purchase Program Income 0 0 60,916 Housing and Urban Development programs 1 42 1,063 Individual Income and Employment Taxes, Not Withheld 256 4,212 89,540 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 5 100 2,395 Postal Service 318 2,673 40,463 Public Debt Cash Issues (Table III-B) 859 273,059 3,486,214 Other Deposits: Federal Housing Admin: Note Sales 66 814 7,187 Interior 57 93 998 Medicare Premiums 188 380 10,599 SEC:Stock Exchange Fees 53 53 53 TARP 5 5,623 8,550 Total Other Deposits 369 7,784 52,894 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 4,177 42,204 606,815 Total Federal Reserve Account 8,045 351,967 4,737,966 Tax and Loan Note Accounts: FTD's Received (Table IV) 4,177 42,204 605,009 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 4,177 42,204 605,009 Total Deposits (excluding transfers) 8,045 351,967 4,736,161 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday March 09, 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 46 179 12,126 Defense Vendor Payments (EFT) 1,555 9,142 163,350 Education Department programs 699 4,332 105,451 Energy Department programs 164 963 18,199 Federal Employees Insurance Payments 159 1,700 30,085 Fed. Highway Administration programs 89 940 17,780 Federal Salaries (EFT) 87 6,738 77,289 Food and Nutrition Service (misc) 398 2,747 45,060 GSA programs 21 856 9,695 Health and Human Services Grants (misc) 306 2,523 43,881 Housing and Urban Development programs 147 3,611 33,800 Interest on Treasury Securities 1 159 103,289 Justice Department programs 73 440 7,275 Labor Dept. prgms (excl. unemployment) 137 448 6,325 Medicaid 840 7,844 104,649 Medicare 1,300 24,555 230,887 NASA programs 98 404 6,839 Postal Service Money Orders and Other 143 1,300 18,294 Public Debt Cash Redemp. (Table III-B) 901 223,157 2,844,592 Social Security Benefits (EFT) 47 23,587 289,129 Supple. Nutrition Assist. Program (SNAP) 10 117 2,222 Temporary Assistance for Needy Families (HHS) 15 377 7,482 Transportation Security Admin. (DHS) 1 5 439 Unemployment Insurance Benefits 182 2,428 44,245 Veterans Affairs programs 142 1,454 18,215 Other Withdrawals: Agriculture Loan Payments (misc) 51 255 3,762 Deposit Insurance Fund 139 545 4,811 Federal Financing Bank 140 391 4,277 HHS Deposit Fund Transfers to States 1/ 302 395 942 HHS: Indian Health Service 57 196 3,680 IRS Tax Refunds Business (EFT) 282 674 12,323 IRS Tax Refunds Individual (EFT) 2,009 19,244 151,941 Thrift Savings Plan Transfer 50 1,120 12,321 Unclassified 1,582 13,819 146,284 Total, Other Withdrawals 4,612 58,748 517,899 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 12,171 378,756 4,758,497 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 4,177 42,204 606,815 Total Withdrawals (excluding transfers) 12,171 378,756 4,758,497 Net Change in Operating Cash Balance -4,126 -26,789 -22,336 1/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 09, 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 0 242,361 2,365,799 Cash Management Series 0 20,000 50,001 Notes 0 -6 836,301 Bonds 0 0 91,966 Inflation-Protected Securities Increment 103 766 594 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 20 1,577 Interest Increment 0 494 3,253 Government Account Series 230,491 1,645,968 25,939,130 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 98 4,865 47,594 Other 759 5,930 88,368 Total Issues 231,454 1,920,399 29,425,384 (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 0 213,364 2,233,892 Notes 0 0 463,260 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 31 252 4,723 Government Account Series 231,296 1,669,082 25,854,081 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 200 200 State and Local Series 109 3,433 54,114 Other 761 5,908 88,403 Total Redemptions 232,197 1,892,239 28,698,673 Net Change in Public Debt Outstanding -743 28,160 726,711 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday March 09, 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) 231,454 1,920,399 29,425,384 Premium on New Issues 0 0 6,139 Discount on New Issues: Bills (-) 0 112 513 Bonds and Notes (-) 0 0 2,527 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 230,491 1,645,968 25,939,130 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 494 3,253 Inflation-Protected Securities Increment 103 766 -114 Total Public Debt Cash Issues Deposited in Federal Reserve Account 859 273,059 3,486,214 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 232,197 1,892,239 28,698,673 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 (-) 231,296 1,669,082 25,854,081 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 901 223,157 2,844,592 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday March 09, 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 $ 10,773,406 $ 10,773,364 $ 10,722,996 $ 10,127,031 Intragovernmental Holdings 4,743,645 4,744,431 4,765,895 4,663,309 Total Public Debt Outstanding 15,517,052 15,517,795 15,488,891 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 33,243 33,253 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 15,474,398 15,475,131 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 09, 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 $ 5,523 $ 58,899 $ 809,860 Individual Income Taxes 35 404 7,013 Railroad Retirement Taxes 45 135 2,042 Excise Taxes 144 237 29,250 Corporation Income Taxes 223 743 78,843 Federal Unemployment Taxes 3 26 3,184 Estate and Gift Taxes & Misc IRS Rcpts. 1 9 185 Change in Balance of Unclassified Taxes 0 0 0 Total 5,973 60,454 930,377 These Receipts were deposited in: Federal Reserve Account: Directly 27 287 16,513 Collector Depositaries 1,766 15,207 272,941 Tax and Loan Accounts 4,177 42,204 605,009 Inter-agency Transfers 4 2,756 35,914 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) 3 38 4,136 4,177 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 3 38 4,136 4,177 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 09, 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 $ 3,665 $ 24,777 $ 181,978 Business 309 2,185 28,951 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.