1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday March 28, 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 $ 68,452 $ 82,286 $ 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 68,452 82,286 62,542 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday March 28, 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) 27 767 4,960 Air Transport Security Fees 7 26 958 Commodity Credit Corporation programs 27 733 4,190 Customs and Certain Excise Taxes 58 2,694 19,127 Deposits by States: Supplemental Security Income 3 126 1,935 Unemployment 17 433 16,813 Education Department programs 77 2,209 14,975 Energy Department programs 50 663 3,611 Estate and Gift Taxes 36 956 6,183 Federal Reserve Earnings 1,856 7,106 36,180 Foreign Deposits, Military Sales 17 3,195 11,787 FTD's Received (Table IV) 3,180 53,496 327,456 GSE MBS Purchase Program Income 0 10,729 71,646 Housing and Urban Development programs 0 317 1,339 Individual Income and Employment Taxes, Not Withheld 913 9,925 95,253 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 20 951 3,245 Postal Service 269 6,832 44,621 Public Debt Cash Issues (Table III-B) 1,527 578,676 3,791,831 Other Deposits: Medicare Premiums 73 1,971 12,191 TARP 707 16,324 19,251 Thrift Savings Plan Transfer 144 735 11,596 Total Other Deposits 923 21,256 66,366 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 2,843 130,689 695,300 Total Federal Reserve Account 11,851 831,780 5,217,780 Tax and Loan Note Accounts: FTD's Received (Table IV) 2,843 130,689 693,494 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 2,843 130,689 693,494 Total Deposits (excluding transfers) 11,851 831,780 5,215,975 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday March 28, 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 12 444 12,391 Defense Vendor Payments (EFT) 1,648 29,722 183,930 Education Department programs 917 13,999 115,118 Energy Department programs 195 2,937 20,173 Federal Employees Insurance Payments 201 5,347 33,732 Fed. Highway Administration programs 210 2,475 19,315 Federal Salaries (EFT) 105 13,408 83,960 Food and Nutrition Service (misc) 176 8,221 50,534 GSA programs 54 1,654 10,493 Health and Human Services Grants (misc) 533 7,398 48,756 Housing and Urban Development programs 221 6,341 36,529 Interest on Treasury Securities 1 1,284 104,414 Justice Department programs 35 1,072 7,906 Labor Dept. prgms (excl. unemployment) 50 1,148 7,025 Medicaid 1,141 19,997 116,802 Medicare 1,786 44,679 251,011 NASA programs 96 1,256 7,691 Postal Service Money Orders and Other 88 3,086 20,079 Public Debt Cash Redemp. (Table III-B) 803 472,449 3,093,884 Social Security Benefits (EFT) 10,537 55,431 320,974 Supple. Nutrition Assist. Program (SNAP) 4 455 2,560 Temporary Assistance for Needy Families (HHS) 69 1,338 8,443 Transportation Security Admin. (DHS) 1 17 451 Unemployment Insurance Benefits 491 7,690 49,507 Veterans Affairs programs 145 3,392 20,154 Other Withdrawals: Deposit Insurance Fund 91 1,121 5,387 Emergency Prep & Response (DHS) 101 831 6,794 HHS: Indian Health Service 73 818 4,302 IRS Tax Refunds Individual (EFT) 4,218 48,499 181,196 State Department 59 818 5,126 Unclassified 1,622 34,889 167,354 Total, Other Withdrawals 6,164 120,631 579,781 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 25,685 825,871 5,205,612 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 2,843 130,689 695,300 Total Withdrawals (excluding transfers) 25,685 825,871 5,205,612 Net Change in Operating Cash Balance -13,834 5,910 10,363 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday March 28, 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 108 2,768 2,596 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 4 74 1,631 Interest Increment 1 502 3,261 Government Account Series 229,919 4,665,469 28,958,631 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 766 12,141 54,871 Other 757 16,534 98,972 Total Issues 231,554 5,248,503 32,753,488 (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 33 710 5,180 Government Account Series 239,947 4,684,733 28,869,732 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 200 200 State and Local Series 10 5,000 55,681 Other 760 16,518 99,013 Total Redemptions 240,750 5,157,182 31,963,616 Net Change in Public Debt Outstanding -9,196 91,321 789,871 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday March 28, 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) 231,554 5,248,503 32,753,488 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 (-) 229,919 4,665,469 28,958,631 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 502 3,261 Inflation-Protected Securities Increment 108 2,768 1,888 Total Public Debt Cash Issues Deposited in Federal Reserve Account 1,527 578,676 3,791,831 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 240,750 5,157,182 31,963,616 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 (-) 239,947 4,684,733 28,869,732 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 803 472,449 3,093,884 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday March 28, 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 $ 10,832,838 $ 10,831,918 $ 10,722,996 $ 10,127,031 Intragovernmental Holdings 4,747,374 4,757,490 4,765,895 4,663,309 Total Public Debt Outstanding 15,580,212 15,589,407 15,488,891 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 33,119 33,129 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 15,537,682 15,546,867 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 Wednesday March 28, 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 $ 6,428 $ 155,950 $ 906,912 Individual Income Taxes 84 1,249 7,858 Railroad Retirement Taxes 6 328 2,235 Excise Taxes 200 3,841 32,854 Corporation Income Taxes 52 28,587 106,687 Federal Unemployment Taxes 7 79 3,237 Estate and Gift Taxes & Misc IRS Rcpts. 1 57 233 Change in Balance of Unclassified Taxes 0 0 0 Total 6,778 190,092 1,060,015 These Receipts were deposited in: Federal Reserve Account: Directly 119 1,948 18,174 Collector Depositaries 3,061 51,548 309,282 Tax and Loan Accounts 2,843 130,689 693,494 Inter-agency Transfers 755 5,907 39,065 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) 4 37 2,802 2,843 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 4 37 2,802 2,843 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 Wednesday March 28, 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 $ 4,580 $ 62,132 $ 219,333 Business 186 6,545 33,311 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.