1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday March 19, 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 $ 107,604 $ 107,584 $ 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 107,604 107,584 62,542 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday March 19, 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) 14 438 4,632 Air Transport Security Fees 0 7 938 Commodity Credit Corporation programs 32 483 3,939 Customs and Certain Excise Taxes 80 834 17,266 Deposits by States: Supplemental Security Income 3 100 1,908 Unemployment 16 294 16,674 Education Department programs 120 1,423 14,189 Energy Department programs 15 164 3,112 Estate and Gift Taxes 44 660 5,887 Federal Reserve Earnings 0 3,862 32,936 Foreign Deposits, Military Sales 5 2,187 10,778 FTD's Received (Table IV) 2,669 39,583 313,543 GSE MBS Purchase Program Income 0 10,550 71,467 Housing and Urban Development programs 0 85 1,106 Individual Income and Employment Taxes, Not Withheld 383 6,258 91,586 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 5 825 3,120 Postal Service 337 4,668 42,458 Public Debt Cash Issues (Table III-B) 1,321 458,447 3,671,602 Other Deposits: Defense Finance & Accounting Service 58 386 3,457 Total Other Deposits 58 17,752 62,862 Change in Balance of Uncollected Funds 1 0 5 Transfers from Depositaries 8,708 108,117 672,727 Total Federal Reserve Account 13,812 656,736 5,042,736 Tax and Loan Note Accounts: FTD's Received (Table IV) 8,708 108,117 670,922 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 8,708 108,117 670,922 Total Deposits (excluding transfers) 13,812 656,736 5,040,930 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday March 19, 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 24 337 12,284 Defense Vendor Payments (EFT) 1,331 18,030 172,238 Education Department programs 822 9,337 110,456 Energy Department programs 89 1,817 19,053 Federal Employees Insurance Payments 154 3,297 31,682 Fed. Highway Administration programs 89 1,581 18,421 Federal Salaries (EFT) 1,417 11,708 82,260 Food and Nutrition Service (misc) 744 6,082 48,396 GSA programs 36 1,227 10,066 Health and Human Services Grants (misc) 391 4,639 45,997 Housing and Urban Development programs 306 4,802 34,990 Interest on Treasury Securities 1 1,277 104,407 Justice Department programs 52 783 7,618 Labor Dept. prgms (excl. unemployment) 70 768 6,645 Medicaid 389 14,169 110,974 Medicare 1,395 32,608 238,940 NASA programs 76 776 7,211 Postal Service Money Orders and Other 233 2,255 19,248 Public Debt Cash Redemp. (Table III-B) 903 363,767 2,985,202 Social Security Benefits (EFT) 44 34,324 299,867 Supple. Nutrition Assist. Program (SNAP) 37 320 2,425 Temporary Assistance for Needy Families (HHS) 70 805 7,910 Transportation Security Admin. (DHS) 1 11 445 Unemployment Insurance Benefits 335 4,718 46,536 Veterans Affairs programs 252 2,455 19,216 Other Withdrawals: Federal Financing Bank 99 801 4,688 HHS: Indian Health Service 55 548 4,032 International Monetary Fund 894 931 2,875 IRS Tax Refunds Business (EFT) 114 1,558 13,207 IRS Tax Refunds Individual (EFT) 1,486 33,049 165,745 Unclassified 1,884 24,308 156,773 Total, Other Withdrawals 4,533 89,779 548,929 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 13,792 611,675 4,991,417 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 8,708 108,117 672,727 Total Withdrawals (excluding transfers) 13,792 611,675 4,991,417 Net Change in Operating Cash Balance 20 45,061 49,514 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday March 19, 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 -1 350,141 2,473,579 Cash Management Series 0 20,000 50,001 Notes 0 56,675 892,981 Bonds 0 13,903 105,869 Inflation-Protected Securities Increment 314 1,812 1,640 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 7 48 1,605 Interest Increment 1 497 3,256 Government Account Series 233,873 3,046,068 27,339,230 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 541 7,882 50,611 Other 773 10,851 93,289 Total Issues 235,508 3,507,875 31,012,860 (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 0 313,145 2,333,674 Notes 0 34,605 497,864 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 42 483 4,953 Government Account Series 226,938 3,058,761 27,243,760 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 200 200 State and Local Series 87 4,516 55,197 Other 774 10,818 93,314 Total Redemptions 227,841 3,422,528 30,228,962 Net Change in Public Debt Outstanding 7,668 85,347 783,898 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday March 19, 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) 235,508 3,507,875 31,012,860 Premium on New Issues 0 0 6,139 Discount on New Issues: Bills (-) 0 145 546 Bonds and Notes (-) 0 907 3,435 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 233,873 3,046,068 27,339,230 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 497 3,256 Inflation-Protected Securities Increment 314 1,812 931 Total Public Debt Cash Issues Deposited in Federal Reserve Account 1,321 458,447 3,671,602 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 227,841 3,422,528 30,228,962 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 (-) 226,938 3,058,761 27,243,760 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 903 363,767 2,985,202 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday March 19, 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 $ 10,820,996 $ 10,820,230 $ 10,722,996 $ 10,127,031 Intragovernmental Holdings 4,753,243 4,746,341 4,765,895 4,663,309 Total Public Debt Outstanding 15,574,238 15,566,571 15,488,891 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 33,176 33,206 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 15,531,651 15,523,954 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 Monday March 19, 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 $ 11,292 $ 120,175 $ 871,136 Individual Income Taxes 51 774 7,384 Railroad Retirement Taxes 35 245 2,152 Excise Taxes 10 3,004 32,016 Corporation Income Taxes 497 28,069 106,169 Federal Unemployment Taxes 3 48 3,206 Estate and Gift Taxes & Misc IRS Rcpts. 0 14 189 Change in Balance of Unclassified Taxes 0 0 0 Total 11,888 152,330 1,022,253 These Receipts were deposited in: Federal Reserve Account: Directly 106 1,433 17,659 Collector Depositaries 2,563 38,150 295,884 Tax and Loan Accounts 8,708 108,117 670,922 Inter-agency Transfers 510 4,630 37,788 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 29 8,677 8,708 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 29 8,677 8,708 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 Monday March 19, 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 $ 1,847 $ 42,477 $ 199,679 Business 186 4,002 30,769 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.