1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday March 30, 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 $ 43,480 $ 64,030 $ 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 43,480 64,030 62,542 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday March 30, 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) 326 1,156 5,350 Air Transport Security Fees 152 205 1,137 Commodity Credit Corporation programs 39 805 4,262 Customs and Certain Excise Taxes 63 2,864 19,297 Deposits by States: Supplemental Security Income 2 423 2,232 Unemployment 14 459 16,840 Education Department programs 116 2,458 15,224 Energy Department programs 123 825 3,773 Estate and Gift Taxes 23 985 6,212 Federal Reserve Earnings 0 7,106 36,180 Foreign Deposits, Military Sales 11 3,215 11,806 FTD's Received (Table IV) 2,944 58,324 332,284 GSE MBS Purchase Program Income 0 10,729 71,646 Housing and Urban Development programs 9 327 1,348 Individual Income and Employment Taxes, Not Withheld 484 10,766 96,095 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 41 1,003 3,298 Postal Service 302 7,429 45,219 Public Debt Cash Issues (Table III-B) 14,083 693,069 3,906,224 Other Deposits: Comptroller of the Currency-Assessment 482 483 510 Deposit Insurance Fund 606 1,298 3,313 FSA Tobacco Assessments 185 238 481 GSE Dividends 4,626 4,626 8,902 Medicare Premiums 130 2,105 12,325 Minerals Management Svc/Collections 238 354 4,970 Thrift Savings Plan Transfer 81 816 11,677 Total Other Deposits 6,348 27,825 72,935 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 4,753 137,882 702,492 Total Federal Reserve Account 29,832 967,858 5,353,858 Tax and Loan Note Accounts: FTD's Received (Table IV) 4,753 137,882 700,687 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 4,753 137,882 700,687 Total Deposits (excluding transfers) 29,832 967,858 5,352,053 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday March 30, 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 25 506 12,454 Defense Vendor Payments (EFT) 1,766 33,814 188,022 Education Department programs 606 15,743 116,863 Energy Department programs 377 3,541 20,777 Federal Employees Insurance Payments 272 5,829 34,214 Fed. Highway Administration programs 194 2,742 19,582 Federal Salaries (EFT) 3,372 16,907 87,459 Food and Nutrition Service (misc) 235 8,590 50,903 GSA programs 25 1,824 10,663 Health and Human Services Grants (misc) 651 8,480 49,837 Housing and Urban Development programs 225 6,790 36,978 Interest on Treasury Securities -3 1,283 104,413 Justice Department programs 38 1,231 8,065 Labor Dept. prgms (excl. unemployment) 56 1,264 7,141 Medicaid 445 21,772 118,577 Medicare 15,666 61,793 268,125 NASA programs 0 1,256 7,691 Postal Service Money Orders and Other 354 3,554 20,547 Public Debt Cash Redemp. (Table III-B) 829 572,902 3,194,337 Social Security Benefits (EFT) 1/ -3 55,423 320,965 Supple. Nutrition Assist. Program (SNAP) 23 501 2,606 Temporary Assistance for Needy Families (HHS) 44 1,590 8,695 Transportation Security Admin. (DHS) 0 18 452 Unemployment Insurance Benefits 182 8,179 49,996 Veterans Affairs programs 507 4,048 20,809 Other Withdrawals: Deposit Insurance Fund 343 1,466 5,732 Export-Import Bank 55 497 3,762 Federal Financing Bank 127 1,560 5,447 GSE Investment 4,717 4,717 18,500 HHS Deposit Fund Transfers to States 2/ 80 686 1,233 HHS: Indian Health Service 63 924 4,409 Interior 92 1,013 5,999 IRS Tax Refunds Individual (EFT) 2,258 50,735 183,431 Military Active Duty Pay (EFT) 3,929 10,914 42,117 Military Retirement (EFT) 3,640 7,596 23,457 Pension Benefit Guaranty Corp. 444 477 2,876 Supple. Security Income Benefits (EFT) 3,325 6,868 20,637 Thrift Savings Plan Transfer 216 2,768 13,969 Veterans Benefits (EFT) 4,000 8,403 25,546 Unclassified 1,206 37,399 169,864 Total, Other Withdrawals 24,494 147,340 606,490 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 50,382 986,921 5,366,662 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 4,753 137,882 702,492 Total Withdrawals (excluding transfers) 50,382 986,921 5,366,662 Net Change in Operating Cash Balance -20,550 -19,062 -14,609 1/Reported as a negative amount due to a return/reversal of $1 million. 2/Transfer by HHS from Federal Tax Refund Offset Program to various State age ncies for delinquent child support. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday March 30, 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 0 557,860 2,681,298 Cash Management Series 0 20,000 50,001 Notes 13,000 69,674 905,981 Bonds 0 13,903 105,869 Inflation-Protected Securities Increment 124 2,997 2,825 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 4 81 1,638 Interest Increment 1 503 3,262 Government Account Series 234,043 5,131,786 29,424,948 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 48 13,978 56,708 Other 742 18,401 100,839 Total Issues 247,961 5,829,184 33,334,169 (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 0 513,841 2,534,369 Notes 0 34,605 497,864 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 35 778 5,248 Government Account Series 244,906 5,163,095 29,348,094 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 200 200 State and Local Series 51 5,078 55,758 Other 743 18,400 100,896 Total Redemptions 245,735 5,735,997 32,542,431 Net Change in Public Debt Outstanding 2,226 93,187 791,738 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday March 30, 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) 247,961 5,829,184 33,334,169 Premium on New Issues 274 274 6,413 Discount on New Issues: Bills (-) 0 211 612 Bonds and Notes (-) 0 907 3,435 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 234,043 5,131,786 29,424,948 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 503 3,262 Inflation-Protected Securities Increment 108 2,982 2,101 Total Public Debt Cash Issues Deposited in Federal Reserve Account 14,083 693,069 3,906,224 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 245,735 5,735,997 32,542,431 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 (-) 244,906 5,163,095 29,348,094 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 829 572,902 3,194,337 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday March 30, 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 $ 10,846,825 $ 10,833,980 $ 10,722,996 $ 10,127,031 Intragovernmental Holdings 4,735,254 4,745,873 4,765,895 4,663,309 Total Public Debt Outstanding 15,582,079 15,579,853 15,488,891 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 33,983 33,139 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 15,538,685 15,537,303 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 Friday March 30, 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 $ 7,782 $ 166,352 $ 917,313 Individual Income Taxes 96 1,385 7,995 Railroad Retirement Taxes 24 360 2,266 Excise Taxes 20 6,016 35,028 Corporation Income Taxes 153 28,781 106,882 Federal Unemployment Taxes 10 93 3,251 Estate and Gift Taxes & Misc IRS Rcpts. 0 137 313 Change in Balance of Unclassified Taxes 0 0 0 Total 8,087 203,124 1,073,048 These Receipts were deposited in: Federal Reserve Account: Directly 36 2,932 19,158 Collector Depositaries 2,908 55,392 313,126 Tax and Loan Accounts 4,753 137,882 700,687 Inter-agency Transfers 390 6,918 40,076 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) 6 52 4,695 4,753 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 6 52 4,695 4,753 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 Friday March 30, 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 $ 4,140 3/$ 66,630 3/$ 223,831 Business 90 6,718 33,484 3/Does not include $877 million offset by FMS for the month of March 2012, an d $3,431 million for the fiscal year-to-date for Treasury Offset Program ag ainst Tax Refunds issued. 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.