1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday April 18, 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 $ 103,093 $ 104,044 $ 43,480 $ 56,284 Supplementary Financing Program 0 0 0 0 Tax and Loan Note Accounts (Table V) 0 0 0 1,805 Total Operating Balance 103,093 104,044 43,480 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday April 18, 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) 11 316 5,666 Air Transport Security Fees 0 6 1,142 Commodity Credit Corporation programs 36 449 4,711 Customs and Certain Excise Taxes 80 949 20,247 Deposits by States: Supplemental Security Income 5 42 2,273 Unemployment 194 938 17,777 Education Department programs 74 1,336 16,560 Energy Department programs 29 173 3,946 Estate and Gift Taxes 306 1,174 7,386 Federal Reserve Earnings 1,929 4,841 41,021 Foreign Deposits, Military Sales 49 1,913 13,720 FTD's Received (Table IV) 8,936 149,901 482,185 GSE MBS Purchase Program Income 0 1,497 73,143 Housing and Urban Development programs 0 256 1,604 Individual Income and Employment Taxes, Not Withheld 9,630 48,155 144,249 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 7 368 3,665 Postal Service 309 4,714 49,933 Public Debt Cash Issues (Table III-B) 2,451 414,068 4,320,292 Other Deposits: TARP 4 4,055 23,526 Total Other Deposits 4 7,726 80,661 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 0 0 702,492 Total Federal Reserve Account 24,049 638,822 5,992,680 Tax and Loan Note Accounts: FTD's Received (Table IV) 0 0 700,687 Transfers from Federal Reserve Account (Table V) 0 0 0 Total Tax and Loan Note Accounts (Table V) 0 0 700,687 Total Deposits (excluding transfers) 24,049 638,822 5,990,875 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday April 18, 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 13 241 12,695 Defense Vendor Payments (EFT) 1,344 15,873 203,895 Education Department programs 1,132 7,335 124,198 Energy Department programs 81 1,851 22,628 Federal Employees Insurance Payments 253 3,425 37,638 Fed. Highway Administration programs 103 1,552 21,134 Federal Salaries (EFT) 106 9,070 96,529 Food and Nutrition Service (misc) 401 5,980 56,883 GSA programs 56 1,193 11,856 Health and Human Services Grants (misc) 353 4,415 54,252 Housing and Urban Development programs 141 5,212 42,191 Interest on Treasury Securities 5 8,998 113,411 Justice Department programs 28 875 8,940 Labor Dept. prgms (excl. unemployment) 51 718 7,859 Medicaid 646 12,937 131,513 Medicare 1,496 17,836 285,962 NASA programs 40 702 8,393 Postal Service Money Orders and Other 100 2,130 22,677 Public Debt Cash Redemp. (Table III-B) 991 359,305 3,553,642 Social Security Benefits (EFT) 10,448 44,721 365,685 Supple. Nutrition Assist. Program (SNAP) 28 292 2,898 Temporary Assistance for Needy Families (HHS) 24 726 9,422 Transportation Security Admin. (DHS) 1 19 471 Unemployment Insurance Benefits 439 4,929 54,925 Veterans Affairs programs 126 1,947 22,755 Other Withdrawals: IRS Tax Refunds Business (EFT) 72 1,254 15,871 IRS Tax Refunds Individual (EFT) 4,511 24,314 207,719 Thrift Savings Plan Transfer 156 1,575 15,544 Unclassified 1,854 24,320 194,186 Total, Other Withdrawals 6,593 66,928 673,421 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 25,000 579,209 5,945,872 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 0 0 702,492 Total Withdrawals (excluding transfers) 25,000 579,209 5,945,872 Net Change in Operating Cash Balance -951 59,612 45,003 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday April 18, 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 0 215,719 2,897,017 Cash Management Series 0 0 50,001 Notes 0 163,993 1,069,974 Bonds 0 15,365 121,234 Inflation-Protected Securities Increment 110 2,127 4,952 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 41 1,679 Interest Increment 0 585 3,847 Government Account Series 242,281 3,053,122 32,478,070 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 1,716 9,396 66,103 Other 732 10,433 111,271 Total Issues 244,842 3,470,781 36,804,951 (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 0 225,717 2,760,086 Notes 0 116,742 614,607 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 50 460 5,708 Government Account Series 244,689 3,032,819 32,380,913 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 200 400 State and Local Series 208 5,744 61,502 Other 733 10,442 111,338 Total Redemptions 245,680 3,392,123 35,934,554 Net Change in Public Debt Outstanding -838 78,658 870,396 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday April 18, 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) 244,842 3,470,781 36,804,951 Premium on New Issues 0 0 6,413 Discount on New Issues: Bills (-) 0 107 719 Bonds and Notes (-) 0 772 4,206 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 242,281 3,053,122 32,478,070 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 585 3,847 Inflation-Protected Securities Increment 110 2,127 4,228 Total Public Debt Cash Issues Deposited in Federal Reserve Account 2,451 414,068 4,320,292 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 245,680 3,392,123 35,934,554 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 (-) 244,689 3,032,819 32,380,913 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 991 359,305 3,553,642 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday April 18, 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 $ 10,905,377 $ 10,903,988 $ 10,846,825 $ 10,127,031 Intragovernmental Holdings 4,755,360 4,757,586 4,735,254 4,663,309 Total Public Debt Outstanding 15,660,737 15,661,574 15,582,079 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 33,901 33,911 33,983 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 15,617,425 15,618,252 15,538,685 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 April 18, 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 $ 5,206 $ 99,851 $ 1,017,164 Individual Income Taxes 3,552 18,813 26,807 Railroad Retirement Taxes 3 214 2,480 Excise Taxes 10 3,433 38,461 Corporation Income Taxes 160 32,059 138,941 Federal Unemployment Taxes 19 203 3,455 Estate and Gift Taxes & Misc IRS Rcpts. 1 66 379 Change in Balance of Unclassified Taxes 0 0 0 Total 8,951 154,640 1,227,687 These Receipts were deposited in: Federal Reserve Account: Directly 92 1,545 20,703 Collector Depositaries 8,844 148,356 461,482 Tax and Loan Accounts 0 0 700,687 Inter-agency Transfers 15 4,739 44,815 As of April 2, 2012, Federal Tax Deposits were no longer reported as being deposited in Tax and Loan Accounts in Table IV and since then have been reflected as deposits from collector depositaries. 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) 0 0 0 0 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 0 0 0 0 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 April 18, 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 $ 4,856 $ 32,398 $ 256,204 Business 125 5,057 38,542 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.