1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday March 29, 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 $ 64,030 $ 68,452 $ 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 64,030 68,452 62,542 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday March 29, 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) 63 830 5,023 Air Transport Security Fees 27 54 985 Commodity Credit Corporation programs 33 766 4,223 Customs and Certain Excise Taxes 108 2,801 19,234 Deposits by States: Supplemental Security Income 295 422 2,230 Unemployment 13 446 16,826 Education Department programs 133 2,343 15,108 Energy Department programs 40 703 3,651 Estate and Gift Taxes 5 962 6,189 Federal Reserve Earnings 0 7,106 36,180 Foreign Deposits, Military Sales 9 3,204 11,795 FTD's Received (Table IV) 1,885 55,380 329,341 GSE MBS Purchase Program Income 0 10,729 71,646 Housing and Urban Development programs 1 318 1,340 Individual Income and Employment Taxes, Not Withheld 357 10,282 95,610 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 12 962 3,257 Postal Service 295 7,127 44,916 Public Debt Cash Issues (Table III-B) 100,310 678,986 3,892,141 Other Deposits: TARP 221 16,545 19,472 Total Other Deposits 221 21,477 66,587 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 2,440 133,129 697,739 Total Federal Reserve Account 106,246 938,027 5,324,027 Tax and Loan Note Accounts: FTD's Received (Table IV) 2,440 133,129 695,934 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 2,440 133,129 695,934 Total Deposits (excluding transfers) 106,246 938,027 5,322,221 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday March 29, 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 37 481 12,429 Defense Vendor Payments (EFT) 2,326 32,048 186,256 Education Department programs 1,138 15,137 116,257 Energy Department programs 226 3,164 20,400 Federal Employees Insurance Payments 209 5,556 33,941 Fed. Highway Administration programs 74 2,549 19,388 Federal Salaries (EFT) 127 13,536 84,087 Food and Nutrition Service (misc) 134 8,355 50,668 GSA programs 145 1,799 10,638 Health and Human Services Grants (misc) 430 7,829 49,186 Housing and Urban Development programs 224 6,565 36,753 Interest on Treasury Securities 1 1,285 104,415 Justice Department programs 121 1,193 8,027 Labor Dept. prgms (excl. unemployment) 61 1,208 7,086 Medicaid 1,330 21,327 118,132 Medicare 1,449 46,128 252,460 NASA programs 0 1,256 7,691 Postal Service Money Orders and Other 113 3,199 20,193 Public Debt Cash Redemp. (Table III-B) 99,623 572,073 3,193,508 Social Security Benefits (EFT) 1/ -2 55,427 320,970 Supple. Nutrition Assist. Program (SNAP) 23 478 2,583 Temporary Assistance for Needy Families (HHS) 209 1,547 8,651 Transportation Security Admin. (DHS) 1 18 452 Unemployment Insurance Benefits 307 7,997 49,814 Veterans Affairs programs 149 3,541 20,302 Other Withdrawals: Agriculture Loan Payments (misc) 56 746 4,253 Export-Import Bank 324 442 3,707 Federal Transit Admin. 89 716 5,756 Interior 112 922 5,908 Interior: Bureau of Land Mgmt. 73 134 502 Minerals Management Service 163 174 1,150 Small Business Administration 94 378 1,873 Unclassified 1,301 36,192 168,657 Total, Other Withdrawals 2,213 122,845 581,996 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 110,668 936,539 5,316,281 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 2,440 133,129 697,739 Total Withdrawals (excluding transfers) 110,668 936,539 5,316,281 Net Change in Operating Cash Balance -4,422 1,488 5,941 1/Reported as a negative amount due to a return/reversal of $2 million. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday March 29, 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 97,423 557,860 2,681,298 Cash Management Series 0 20,000 50,001 Notes 0 56,674 892,981 Bonds 0 13,903 105,869 Inflation-Protected Securities Increment 106 2,874 2,702 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 77 1,634 Interest Increment 1 502 3,262 Government Account Series 232,273 4,897,743 29,190,905 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 1,789 13,931 56,660 Other 1,125 17,659 100,097 Total Issues 332,720 5,581,223 33,086,208 (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 98,424 513,841 2,534,369 Notes 0 34,605 497,864 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 34 743 5,214 Government Account Series 233,456 4,918,189 29,103,188 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 200 200 State and Local Series 26 5,026 55,707 Other 1,139 17,657 100,152 Total Redemptions 333,079 5,490,261 32,296,695 Net Change in Public Debt Outstanding -359 90,962 789,513 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday March 29, 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) 332,720 5,581,223 33,086,208 Premium on New Issues 0 0 6,139 Discount on New Issues: Bills (-) 31 211 612 Bonds and Notes (-) 0 907 3,435 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 232,273 4,897,743 29,190,905 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 502 3,262 Inflation-Protected Securities Increment 106 2,874 1,993 Total Public Debt Cash Issues Deposited in Federal Reserve Account 100,310 678,986 3,892,141 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 333,079 5,490,261 32,296,695 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 (-) 233,456 4,918,189 29,103,188 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 99,623 572,073 3,193,508 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday March 29, 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 $ 10,833,980 $ 10,832,838 $ 10,722,996 $ 10,127,031 Intragovernmental Holdings 4,745,873 4,747,374 4,765,895 4,663,309 Total Public Debt Outstanding 15,579,853 15,580,212 15,488,891 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 33,139 33,119 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 15,537,303 15,537,682 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 29, 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 $ 2,620 $ 158,570 $ 909,531 Individual Income Taxes 40 1,289 7,898 Railroad Retirement Taxes 7 335 2,242 Excise Taxes 2,154 5,995 35,008 Corporation Income Taxes 42 28,629 106,729 Federal Unemployment Taxes 4 83 3,241 Estate and Gift Taxes & Misc IRS Rcpts. 80 137 312 Change in Balance of Unclassified Taxes 0 0 0 Total 4,946 195,038 1,064,961 These Receipts were deposited in: Federal Reserve Account: Directly 948 2,896 19,122 Collector Depositaries 936 52,484 310,218 Tax and Loan Accounts 2,440 133,129 695,934 Inter-agency Transfers 621 6,529 39,687 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) 1 14 2,425 2,440 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 1 14 2,425 2,440 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 29, 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 $ 371 $ 62,490 $ 219,691 Business 83 6,628 33,394 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.