1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday March 27, 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 $ 82,286 $ 88,048 $ 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 82,286 88,048 62,542 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday March 27, 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) 71 739 4,933 Air Transport Security Fees 1 19 951 Commodity Credit Corporation programs 50 706 4,163 Customs and Certain Excise Taxes 62 2,636 19,069 Deposits by States: Supplemental Security Income 5 124 1,932 Unemployment 27 416 16,796 Education Department programs 128 2,132 14,898 Energy Department programs 92 613 3,561 Estate and Gift Taxes 90 920 6,147 Federal Reserve Earnings 0 5,251 34,325 Foreign Deposits, Military Sales 3 3,178 11,770 FTD's Received (Table IV) 898 50,316 324,276 GSE MBS Purchase Program Income 0 10,729 71,646 Housing and Urban Development programs 141 317 1,338 Individual Income and Employment Taxes, Not Withheld 556 9,036 94,364 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 24 931 3,226 Postal Service 352 6,562 44,352 Public Debt Cash Issues (Table III-B) 1,307 577,149 3,790,304 Other Deposits: Total Other Deposits 0 20,333 65,443 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 1,503 127,846 692,456 Total Federal Reserve Account 5,309 819,953 5,205,953 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,503 127,846 690,651 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 1,503 127,846 690,651 Total Deposits (excluding transfers) 5,309 819,953 5,204,148 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday March 27, 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 13 432 12,379 Defense Vendor Payments (EFT) 1,686 28,074 182,282 Education Department programs 655 13,082 114,202 Energy Department programs 173 2,742 19,978 Federal Employees Insurance Payments 263 5,146 33,531 Fed. Highway Administration programs 68 2,265 19,105 Federal Salaries (EFT) 122 13,303 83,854 Food and Nutrition Service (misc) 172 8,045 50,358 GSA programs 53 1,599 10,438 Health and Human Services Grants (misc) 388 6,865 48,223 Housing and Urban Development programs 212 6,120 36,309 Interest on Treasury Securities 1 1,283 104,413 Justice Department programs 51 1,037 7,872 Labor Dept. prgms (excl. unemployment) 66 1,097 6,975 Medicaid 521 18,855 115,660 Medicare 1,512 42,893 249,225 NASA programs 63 1,160 7,594 Postal Service Money Orders and Other 133 2,998 19,992 Public Debt Cash Redemp. (Table III-B) 800 471,647 3,093,082 Social Security Benefits (EFT) 43 44,899 310,441 Supple. Nutrition Assist. Program (SNAP) 13 451 2,556 Temporary Assistance for Needy Families (HHS) 50 1,268 8,373 Transportation Security Admin. (DHS) 1 16 450 Unemployment Insurance Benefits 604 7,199 49,016 Veterans Affairs programs 116 3,247 20,008 Other Withdrawals: Federal Financing Bank 90 1,397 5,283 Federal Railroad Admin. 50 196 1,426 IRS Tax Refunds Individual (EFT) 1,132 44,286 176,982 TARP 169 321 1,409 Treasury Department programs 151 252 1,339 Unclassified 1,703 33,286 165,751 Total, Other Withdrawals 3,295 114,485 573,635 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 11,071 800,209 5,179,951 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 1,503 127,846 692,456 Total Withdrawals (excluding transfers) 11,071 800,209 5,179,951 Net Change in Operating Cash Balance -5,762 19,744 24,197 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday March 27, 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 0 460,437 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 107 2,661 2,489 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 70 1,627 Interest Increment 0 501 3,260 Government Account Series 232,469 4,435,551 28,728,713 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 540 11,375 54,105 Other 764 15,777 98,214 Total Issues 233,883 5,016,948 32,521,933 (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 28 676 5,147 Government Account Series 229,751 4,444,786 28,629,785 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 200 200 State and Local Series 0 4,990 55,671 Other 771 15,758 98,254 Total Redemptions 230,551 4,916,432 31,722,866 Net Change in Public Debt Outstanding 3,333 100,516 799,067 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday March 27, 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) 233,883 5,016,948 32,521,933 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 (-) 232,469 4,435,551 28,728,713 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 501 3,260 Inflation-Protected Securities Increment 107 2,661 1,780 Total Public Debt Cash Issues Deposited in Federal Reserve Account 1,307 577,149 3,790,304 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 230,551 4,916,432 31,722,866 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 (-) 229,751 4,444,786 28,629,785 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 800 471,647 3,093,082 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday March 27, 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 $ 10,831,918 $ 10,831,320 $ 10,722,996 $ 10,127,031 Intragovernmental Holdings 4,757,490 4,754,754 4,765,895 4,663,309 Total Public Debt Outstanding 15,589,407 15,586,075 15,488,891 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 33,129 33,140 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 15,546,867 15,543,524 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 27, 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 $ 2,095 $ 149,522 $ 900,484 Individual Income Taxes 89 1,165 7,774 Railroad Retirement Taxes 1 322 2,229 Excise Taxes 422 3,641 32,653 Corporation Income Taxes 44 28,534 106,635 Federal Unemployment Taxes 4 72 3,230 Estate and Gift Taxes & Misc IRS Rcpts. 7 57 232 Change in Balance of Unclassified Taxes 0 0 0 Total 2,661 183,314 1,053,237 These Receipts were deposited in: Federal Reserve Account: Directly 71 1,829 18,055 Collector Depositaries 827 48,487 306,221 Tax and Loan Accounts 1,503 127,846 690,651 Inter-agency Transfers 260 5,152 38,310 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) 2 15 1,487 1,503 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 2 15 1,487 1,503 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 27, 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 $ 1,623 $ 57,556 $ 214,758 Business 487 6,358 33,124 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.