1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday May 02, 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 $ 136,746 $ 131,955 $ 166,619 $ 56,284 Supplementary Financing Program 0 0 0 0 Tax and Loan Note Accounts (Table V) 0 0 0 1,805 Total Operating Balance 136,746 131,955 166,619 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday May 02, 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) 15 65 6,105 Air Transport Security Fees 1 3 1,350 Commodity Credit Corporation programs 23 55 5,016 Customs and Certain Excise Taxes 137 224 22,837 Deposits by States: Supplemental Security Income 6 8 2,597 Unemployment 3,681 8,178 31,055 Education Department programs 91 394 17,987 Energy Department programs 13 47 4,594 Estate and Gift Taxes 51 78 8,814 Federal Reserve Earnings 3,664 3,664 46,117 Foreign Deposits, Military Sales 8 1,283 15,101 FTD's Received (Table IV) 8,934 21,376 560,874 GSE MBS Purchase Program Income 0 0 73,166 Housing and Urban Development programs 4 13 2,009 Individual Income and Employment Taxes, Not Withheld 1,365 4,420 239,968 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 10 28 4,285 Postal Service 329 723 53,149 Public Debt Cash Issues (Table III-B) 1,351 3,794 4,638,623 Other Deposits: TARP 49 59 23,707 Total Other Deposits 49 646 85,116 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 0 0 702,492 Total Federal Reserve Account 19,734 45,000 6,521,262 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) 19,734 45,000 6,519,456 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday May 02, 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 17 31 12,958 Defense Vendor Payments (EFT) 1,992 2,607 219,763 Education Department programs 438 873 129,346 Energy Department programs 107 283 24,308 Federal Employees Insurance Payments 244 473 40,592 Fed. Highway Administration programs 230 292 22,566 Federal Salaries (EFT) 196 1,011 103,360 Food and Nutrition Service (misc) 269 433 59,826 GSA programs 47 530 12,855 Health and Human Services Grants (misc) 290 759 58,478 Housing and Urban Development programs 243 2,800 46,362 Interest on Treasury Securities 1 237 119,904 Justice Department programs 40 61 10,234 Labor Dept. prgms (excl. unemployment) 51 95 8,391 Medicaid 445 1,534 140,603 Medicare 1,361 18,655 317,415 NASA programs 101 101 8,939 Postal Service Money Orders and Other 132 282 24,313 Public Debt Cash Redemp. (Table III-B) 1,220 10,786 3,869,301 Social Security Benefits (EFT) 68 219 376,756 Supple. Nutrition Assist. Program (SNAP) 12 39 3,037 Temporary Assistance for Needy Families (HHS) 78 134 9,928 Transportation Security Admin. (DHS) 0 1 478 Unemployment Insurance Benefits 424 1,012 58,567 Veterans Affairs programs 98 589 24,499 Other Withdrawals: Agency for Internat'l Development 57 92 7,992 IRS Tax Refunds Individual (EFT) 4,325 5,022 229,030 Supple. Security Income Benefits (EFT) 76 3,439 24,342 Thrift Savings Plan Transfer 156 196 15,978 Unclassified 2,224 4,033 210,829 Total, Other Withdrawals 6,838 31,037 738,024 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 14,943 74,873 6,440,800 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 0 0 702,492 Total Withdrawals (excluding transfers) 14,943 74,873 6,440,800 Net Change in Operating Cash Balance 4,791 -29,873 78,656 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday May 02, 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 0 3,081,721 Cash Management Series 0 0 50,001 Notes 0 0 1,188,063 Bonds 0 0 121,234 Inflation-Protected Securities Increment 188 301 6,611 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 4 8 1,876 Interest Increment 1 479 4,328 Government Account Series 245,706 488,620 34,891,186 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 627 2,343 72,630 Other 720 1,443 119,319 Total Issues 247,246 493,194 39,537,769 (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 0 2,995,802 Notes 0 0 675,995 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 40 88 6,078 Government Account Series 238,759 494,280 34,778,312 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 200 600 State and Local Series 460 9,053 71,429 Other 720 1,445 119,397 Total Redemptions 239,980 505,066 38,647,613 Net Change in Public Debt Outstanding 7,266 -11,872 890,156 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday May 02, 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) 247,246 493,194 39,537,769 Premium on New Issues 0 0 7,424 Discount on New Issues: Bills (-) 0 0 772 Bonds and Notes (-) 0 0 4,434 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 245,706 488,620 34,891,186 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 479 4,328 Inflation-Protected Securities Increment 188 301 5,848 Total Public Debt Cash Issues Deposited in Federal Reserve Account 1,351 3,794 4,638,623 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 239,980 505,066 38,647,613 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 (-) 238,759 494,280 34,778,312 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 1,220 10,786 3,869,301 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday May 02, 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 $ 10,910,385 $ 10,910,025 $ 10,916,071 $ 10,127,031 Intragovernmental Holdings 4,770,111 4,763,204 4,776,297 4,663,309 Total Public Debt Outstanding 15,680,496 15,673,230 15,692,368 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 33,073 33,084 33,094 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 15,638,012 15,630,735 15,649,863 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 May 02, 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 $ 9,491 $ 23,086 $ 1,088,958 Individual Income Taxes 31 76 30,390 Railroad Retirement Taxes 13 37 2,657 Excise Taxes 14 42 42,279 Corporation Income Taxes 35 64 139,352 Federal Unemployment Taxes 12 64 6,248 Estate and Gift Taxes & Misc IRS Rcpts. 1 2 389 Change in Balance of Unclassified Taxes 0 0 0 Total 9,597 23,371 1,310,273 These Receipts were deposited in: Federal Reserve Account: Directly 126 268 22,622 Collector Depositaries 8,809 21,108 538,253 Tax and Loan Accounts 0 0 700,687 Inter-agency Transfers 662 1,995 48,711 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 May 02, 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 $ 4,693 $ 5,853 $ 286,882 Business 13 245 40,064 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.