1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday March 26, 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 $ 88,048 $ 86,184 $ 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 88,048 86,184 62,542 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday March 26, 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) 27 669 4,862 Air Transport Security Fees 7 19 950 Commodity Credit Corporation programs 35 656 4,113 Customs and Certain Excise Taxes 61 2,573 19,006 Deposits by States: Supplemental Security Income 3 119 1,927 Unemployment 21 389 16,769 Education Department programs 94 2,004 14,769 Energy Department programs 93 521 3,469 Estate and Gift Taxes 26 824 6,051 Federal Reserve Earnings 0 5,251 34,325 Foreign Deposits, Military Sales 9 3,175 11,767 FTD's Received (Table IV) 2,367 49,418 323,378 GSE MBS Purchase Program Income 179 10,729 71,646 Housing and Urban Development programs 1 176 1,198 Individual Income and Employment Taxes, Not Withheld 440 8,488 93,816 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 26 908 3,202 Postal Service 330 6,210 44,000 Public Debt Cash Issues (Table III-B) 860 575,842 3,788,997 Other Deposits: Defense Finance & Accounting Service 64 523 3,594 Total Other Deposits 64 20,333 65,443 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 8,506 126,343 690,953 Total Federal Reserve Account 13,151 814,647 5,200,647 Tax and Loan Note Accounts: FTD's Received (Table IV) 8,506 126,343 689,148 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 8,506 126,343 689,148 Total Deposits (excluding transfers) 13,151 814,647 5,198,841 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday March 26, 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 23 418 12,366 Defense Vendor Payments (EFT) 1,421 26,389 180,597 Education Department programs 612 12,427 113,547 Energy Department programs 153 2,569 19,805 Federal Employees Insurance Payments 427 4,883 33,268 Fed. Highway Administration programs 139 2,197 19,037 Federal Salaries (EFT) 95 13,181 83,733 Food and Nutrition Service (misc) 572 7,873 50,186 GSA programs 56 1,546 10,385 Health and Human Services Grants (misc) 358 6,477 47,835 Housing and Urban Development programs 232 5,909 36,097 Interest on Treasury Securities 1 1,282 104,412 Justice Department programs 30 987 7,821 Labor Dept. prgms (excl. unemployment) 44 1,031 6,909 Medicaid 341 18,334 115,139 Medicare 1,597 41,381 247,713 NASA programs 42 1,097 7,532 Postal Service Money Orders and Other 165 2,865 19,859 Public Debt Cash Redemp. (Table III-B) 1,081 470,847 3,092,282 Social Security Benefits (EFT) 52 44,857 310,400 Supple. Nutrition Assist. Program (SNAP) 35 438 2,543 Temporary Assistance for Needy Families (HHS) 152 1,219 8,324 Transportation Security Admin. (DHS) 1 15 449 Unemployment Insurance Benefits 321 6,595 48,412 Veterans Affairs programs 171 3,130 19,892 Other Withdrawals: Commerce Programs 53 495 3,271 Emergency Prep & Response (DHS) 51 693 6,657 HHS: Indian Health Service 65 705 4,189 Interior 56 759 5,745 IRS Tax Refunds Business (EFT) 319 2,880 14,529 IRS Tax Refunds Individual (EFT) 1,313 43,156 175,852 Unclassified 1,311 31,584 164,049 Total, Other Withdrawals 3,167 111,192 570,342 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 11,286 789,141 5,168,883 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 8,506 126,343 690,953 Total Withdrawals (excluding transfers) 11,286 789,141 5,168,883 Net Change in Operating Cash Balance 1,864 25,506 29,958 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday March 26, 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 -2 460,437 2,583,875 Cash Management Series 0 20,000 50,001 Notes 0 56,674 892,981 Bonds 0 13,903 105,869 Inflation-Protected Securities Increment 320 2,554 2,382 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 6 67 1,624 Interest Increment 1 500 3,259 Government Account Series 230,213 4,203,082 28,496,243 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 90 10,835 53,564 Other 766 15,013 97,451 Total Issues 231,394 4,783,065 32,288,050 (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 0 415,417 2,435,945 Notes 0 34,605 497,864 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 37 648 5,118 Government Account Series 229,815 4,215,034 28,400,033 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 200 200 State and Local Series 276 4,990 55,671 Other 768 14,987 97,483 Total Redemptions 230,896 4,685,882 31,492,316 Net Change in Public Debt Outstanding 499 97,183 795,734 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday March 26, 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) 231,394 4,783,065 32,288,050 Premium on New Issues 0 0 6,139 Discount on New Issues: Bills (-) 0 180 581 Bonds and Notes (-) 0 907 3,435 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 230,213 4,203,082 28,496,243 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 500 3,259 Inflation-Protected Securities Increment 320 2,554 1,674 Total Public Debt Cash Issues Deposited in Federal Reserve Account 860 575,842 3,788,997 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 230,896 4,685,882 31,492,316 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 (-) 229,815 4,215,034 28,400,033 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 1,081 470,847 3,092,282 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday March 26, 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 $ 10,831,320 $ 10,831,325 $ 10,722,996 $ 10,127,031 Intragovernmental Holdings 4,754,754 4,754,251 4,765,895 4,663,309 Total Public Debt Outstanding 15,586,075 15,585,576 15,488,891 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 33,140 33,170 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 15,543,524 15,542,995 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 26, 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 $ 10,612 $ 147,428 $ 898,389 Individual Income Taxes 77 1,077 7,686 Railroad Retirement Taxes 22 322 2,228 Excise Taxes 54 3,219 32,232 Corporation Income Taxes 77 28,490 106,591 Federal Unemployment Taxes 5 68 3,226 Estate and Gift Taxes & Misc IRS Rcpts. 32 49 225 Change in Balance of Unclassified Taxes 0 0 0 Total 10,878 180,653 1,050,576 These Receipts were deposited in: Federal Reserve Account: Directly 76 1,758 17,984 Collector Depositaries 2,292 47,660 305,394 Tax and Loan Accounts 8,506 126,343 689,148 Inter-agency Transfers 5 4,892 38,051 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 22 8,481 8,506 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 22 8,481 8,506 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 26, 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 $ 1,587 $ 55,935 $ 213,137 Business 342 5,871 32,637 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.