1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday March 13, 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 $ 49,778 $ 50,372 $ 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 49,778 50,372 62,542 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday March 13, 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) 37 320 4,513 Air Transport Security Fees 0 6 938 Commodity Credit Corporation programs 57 349 3,805 Customs and Certain Excise Taxes 65 561 16,994 Deposits by States: Supplemental Security Income 4 89 1,898 Unemployment 21 231 16,611 Education Department programs 130 973 13,739 Energy Department programs 13 100 3,047 Estate and Gift Taxes 48 427 5,654 Federal Reserve Earnings 0 2,286 31,360 Foreign Deposits, Military Sales 10 1,793 10,385 FTD's Received (Table IV) 1,373 19,878 293,838 GSE MBS Purchase Program Income 0 10,152 71,068 Housing and Urban Development programs 32 75 1,096 Individual Income and Employment Taxes, Not Withheld 370 4,856 90,184 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 8 118 2,412 Postal Service 383 3,412 41,202 Public Debt Cash Issues (Table III-B) 989 274,820 3,487,975 Other Deposits: Federal Employees Insurance Receipt 95 143 1,463 Medicare Premiums 149 545 10,764 TARP 6,000 11,623 14,550 Total Other Deposits 6,244 14,098 59,208 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 1,929 56,435 621,045 Total Federal Reserve Account 11,715 390,978 4,776,978 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,929 56,435 619,240 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 1,929 56,435 619,240 Total Deposits (excluding transfers) 11,715 390,978 4,775,172 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday March 13, 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 35 237 12,184 Defense Vendor Payments (EFT) 1,484 11,929 166,137 Education Department programs 737 6,064 107,183 Energy Department programs 122 1,212 18,448 Federal Employees Insurance Payments 467 2,511 30,896 Fed. Highway Administration programs 109 1,089 17,929 Federal Salaries (EFT) 172 6,969 77,521 Food and Nutrition Service (misc) 386 4,108 46,421 GSA programs 62 960 9,799 Health and Human Services Grants (misc) 281 3,105 44,463 Housing and Urban Development programs 130 3,889 34,077 Interest on Treasury Securities 1 161 103,291 Justice Department programs 70 588 7,422 Labor Dept. prgms (excl. unemployment) 26 521 6,398 Medicaid 1,375 10,173 106,978 Medicare 1,187 26,980 233,312 NASA programs 40 547 6,982 Postal Service Money Orders and Other 147 1,649 18,642 Public Debt Cash Redemp. (Table III-B) 787 224,777 2,846,212 Social Security Benefits (EFT) 41 23,667 289,209 Supple. Nutrition Assist. Program (SNAP) 19 162 2,267 Temporary Assistance for Needy Families (HHS) 45 461 7,566 Transportation Security Admin. (DHS) 1 7 441 Unemployment Insurance Benefits 608 3,403 45,220 Veterans Affairs programs 128 1,790 18,551 Other Withdrawals: Federal Transit Admin. 59 318 5,358 HHS: Indian Health Service 73 313 3,798 Interior 63 376 5,362 IRS Tax Refunds Individual (EFT) 1,788 22,850 155,547 TARP 58 89 1,177 Unclassified 1,810 17,174 149,639 Total, Other Withdrawals 3,850 66,784 525,934 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 12,309 403,742 4,783,484 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 1,929 56,435 621,045 Total Withdrawals (excluding transfers) 12,309 403,742 4,783,484 Net Change in Operating Cash Balance -593 -12,764 -8,311 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday March 13, 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 105 1,183 1,011 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 30 1,587 Interest Increment 0 495 3,254 Government Account Series 234,989 2,113,007 26,406,169 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 230 5,104 47,833 Other 756 7,443 89,881 Total Issues 236,084 2,389,617 29,894,602 (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 30 328 4,799 Government Account Series 230,260 2,129,554 26,314,553 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 200 200 State and Local Series 1 3,462 54,142 Other 756 7,423 89,918 Total Redemptions 231,047 2,354,331 29,160,765 Net Change in Public Debt Outstanding 5,037 35,287 733,838 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday March 13, 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) 236,084 2,389,617 29,894,602 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 (-) 234,989 2,113,007 26,406,169 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 495 3,254 Inflation-Protected Securities Increment 105 1,183 303 Total Public Debt Cash Issues Deposited in Federal Reserve Account 989 274,820 3,487,975 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 231,047 2,354,331 29,160,765 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 (-) 230,260 2,129,554 26,314,553 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 787 224,777 2,846,212 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday March 13, 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 $ 10,773,922 $ 10,773,695 $ 10,722,996 $ 10,127,031 Intragovernmental Holdings 4,750,256 4,745,446 4,765,895 4,663,309 Total Public Debt Outstanding 15,524,178 15,519,141 15,488,891 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 33,203 33,213 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 15,481,564 15,476,517 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 13, 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 $ 1,900 $ 75,087 $ 826,048 Individual Income Taxes 51 507 7,116 Railroad Retirement Taxes 2 169 2,076 Excise Taxes 173 841 29,853 Corporation Income Taxes 1,203 2,459 80,559 Federal Unemployment Taxes 3 33 3,191 Estate and Gift Taxes & Misc IRS Rcpts. 1 11 186 Change in Balance of Unclassified Taxes 0 0 0 Total 3,333 79,107 949,031 These Receipts were deposited in: Federal Reserve Account: Directly 83 406 16,632 Collector Depositaries 1,290 19,472 277,207 Tax and Loan Accounts 1,929 56,435 619,240 Inter-agency Transfers 30 2,795 35,953 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 24 1,903 1,929 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 24 1,903 1,929 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 13, 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 $ 2,252 $ 29,321 $ 186,523 Business 343 3,316 30,082 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.