1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday March 15, 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 $ 101,083 $ 45,420 $ 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 101,083 45,420 62,542 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday March 15, 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) 25 359 4,553 Air Transport Security Fees 0 7 938 Commodity Credit Corporation programs 28 412 3,868 Customs and Certain Excise Taxes 48 697 17,130 Deposits by States: Supplemental Security Income 3 95 1,904 Unemployment 12 259 16,639 Education Department programs 184 1,233 13,999 Energy Department programs 9 113 3,061 Estate and Gift Taxes 17 537 5,764 Federal Reserve Earnings 0 3,862 32,936 Foreign Deposits, Military Sales 56 1,967 10,558 FTD's Received (Table IV) 7,232 33,222 307,182 GSE MBS Purchase Program Income 399 10,550 71,467 Housing and Urban Development programs 6 81 1,103 Individual Income and Employment Taxes, Not Withheld 231 5,626 90,954 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 5 806 3,100 Postal Service 300 4,010 41,800 Public Debt Cash Issues (Table III-B) 179,900 456,337 3,669,492 Other Deposits: Deposit Insurance Fund 170 691 2,705 Medicare Premiums 87 783 11,003 SEC:Stock Exchange Fees 351 447 447 TARP 1,567 14,115 17,042 Thrift Savings Plan Transfer 134 374 11,235 Total Other Deposits 2,308 17,484 62,593 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 17,483 83,382 647,992 Total Federal Reserve Account 208,246 621,038 5,007,038 Tax and Loan Note Accounts: FTD's Received (Table IV) 17,483 83,382 646,187 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 17,483 83,382 646,187 Total Deposits (excluding transfers) 208,246 621,038 5,005,233 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday March 15, 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 33 284 12,231 Defense Vendor Payments (EFT) 1,771 14,923 169,131 Education Department programs 542 7,350 108,469 Energy Department programs 216 1,586 18,822 Federal Employees Insurance Payments 166 2,961 31,346 Fed. Highway Administration programs 101 1,294 18,133 Federal Salaries (EFT) 248 7,270 77,822 Food and Nutrition Service (misc) 404 4,980 47,293 GSA programs 146 1,168 10,007 Health and Human Services Grants (misc) 435 3,942 45,299 Housing and Urban Development programs 148 4,330 34,519 Interest on Treasury Securities 1,115 1,276 104,406 Justice Department programs 36 660 7,494 Labor Dept. prgms (excl. unemployment) 56 642 6,519 Medicaid 1,836 12,800 109,605 Medicare 1,284 29,749 236,081 NASA programs 63 649 7,084 Postal Service Money Orders and Other 117 1,864 18,857 Public Debt Cash Redemp. (Table III-B) 136,457 362,028 2,983,463 Social Security Benefits (EFT) 46 34,246 299,788 Supple. Nutrition Assist. Program (SNAP) 35 274 2,379 Temporary Assistance for Needy Families (HHS) 56 660 7,765 Transportation Security Admin. (DHS) 1 9 443 Unemployment Insurance Benefits 305 4,219 46,037 Veterans Affairs programs 160 2,105 18,866 Other Withdrawals: Agency for Internat'l Development 57 389 6,551 Inter-American Development Bank 100 133 133 IRS Tax Refunds Individual (EFT) 1,267 29,747 162,444 Military Active Duty Pay (EFT) 2,890 6,901 38,104 Pmt. to Int'l Bk for Reconstruction 324 324 324 TARP 13 102 1,190 U.S. District Courts (net) -85 -220 -1,642 Unclassified 2,239 21,075 153,540 Total, Other Withdrawals 6,807 81,230 540,380 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 152,583 582,498 4,962,239 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 17,483 83,382 647,992 Total Withdrawals (excluding transfers) 152,583 582,498 4,962,239 Net Change in Operating Cash Balance 55,663 38,541 42,993 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday March 15, 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 107,781 350,142 2,473,580 Cash Management Series 0 20,000 50,001 Notes 56,680 56,675 892,981 Bonds 13,903 13,903 105,869 Inflation-Protected Securities Increment 105 1,393 1,221 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 37 1,594 Interest Increment 0 495 3,255 Government Account Series 234,653 2,580,143 26,873,305 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 1,368 7,329 50,058 Other 1,106 9,304 91,742 Total Issues 415,598 3,039,420 30,544,405 (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 99,781 313,145 2,333,674 Notes 34,605 34,605 497,864 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 36 400 4,871 Government Account Series 230,781 2,601,474 26,786,473 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 200 200 State and Local Series 947 4,409 55,090 Other 1,087 9,268 91,764 Total Redemptions 367,238 2,963,502 29,769,936 Net Change in Public Debt Outstanding 48,360 75,919 774,470 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday March 15, 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) 415,598 3,039,420 30,544,405 Premium on New Issues 0 0 6,139 Discount on New Issues: Bills (-) 33 145 546 Bonds and Notes (-) 907 907 3,435 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 234,653 2,580,143 26,873,305 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 495 3,255 Inflation-Protected Securities Increment 105 1,393 513 Total Public Debt Cash Issues Deposited in Federal Reserve Account 179,900 456,337 3,669,492 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 367,238 2,963,502 29,769,936 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 (-) 230,781 2,601,474 26,786,473 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 136,457 362,028 2,983,463 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday March 15, 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 $ 10,820,115 $ 10,774,728 $ 10,722,996 $ 10,127,031 Intragovernmental Holdings 4,744,695 4,741,722 4,765,895 4,663,309 Total Public Debt Outstanding 15,564,810 15,516,450 15,488,891 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 33,216 33,193 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 15,522,183 15,473,846 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 Thursday March 15, 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 $ 6,748 $ 89,759 $ 840,720 Individual Income Taxes 108 666 7,275 Railroad Retirement Taxes 3 177 2,084 Excise Taxes 46 2,981 31,993 Corporation Income Taxes 17,827 27,033 105,133 Federal Unemployment Taxes 11 48 3,206 Estate and Gift Taxes & Misc IRS Rcpts. 1 12 187 Change in Balance of Unclassified Taxes 0 0 0 Total 24,743 120,675 990,599 These Receipts were deposited in: Federal Reserve Account: Directly 34 1,287 17,513 Collector Depositaries 7,198 31,935 289,669 Tax and Loan Accounts 17,483 83,382 646,187 Inter-agency Transfers 28 4,072 37,230 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) 10 92 17,381 17,483 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 10 92 17,381 17,483 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 Thursday March 15, 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 $ 1,704 $ 37,054 $ 194,255 Business 80 3,725 30,491 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.