1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday May 03, 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 $ 113,113 $ 136,746 $ 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 113,113 136,746 166,619 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday May 03, 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) 13 78 6,118 Air Transport Security Fees 1 3 1,351 Commodity Credit Corporation programs 25 81 5,041 Customs and Certain Excise Taxes 76 299 22,913 Deposits by States: Supplemental Security Income 3 11 2,600 Unemployment 3,834 12,012 34,889 Education Department programs 79 473 18,067 Energy Department programs 8 55 4,602 Estate and Gift Taxes 33 112 8,847 Federal Reserve Earnings 0 3,664 46,117 Foreign Deposits, Military Sales 98 1,380 15,199 FTD's Received (Table IV) 1,909 23,286 562,784 GSE MBS Purchase Program Income 0 0 73,166 Housing and Urban Development programs 2 16 2,011 Individual Income and Employment Taxes, Not Withheld 305 4,725 240,273 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 10 38 4,295 Postal Service 336 1,059 53,485 Public Debt Cash Issues (Table III-B) 122,669 126,463 4,761,293 Other Deposits: Medicare Premiums 102 233 14,541 TARP 80 139 23,787 Total Other Deposits 182 828 85,298 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 0 0 702,492 Total Federal Reserve Account 129,584 174,584 6,650,846 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) 129,584 174,584 6,649,040 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday May 03, 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 26 57 12,983 Defense Vendor Payments (EFT) 1,505 4,112 221,267 Education Department programs 474 1,348 129,820 Energy Department programs 121 404 24,429 Federal Employees Insurance Payments 181 654 40,772 Fed. Highway Administration programs 205 496 22,770 Federal Salaries (EFT) 1,178 2,189 104,537 Food and Nutrition Service (misc) 282 715 60,108 GSA programs 107 638 12,962 Health and Human Services Grants (misc) 281 1,040 58,760 Housing and Urban Development programs 195 2,994 46,557 Interest on Treasury Securities 0 237 119,904 Justice Department programs 124 185 10,358 Labor Dept. prgms (excl. unemployment) 84 179 8,475 Medicaid 1,746 3,279 142,348 Medicare 1,259 19,914 318,674 NASA programs 82 182 9,021 Postal Service Money Orders and Other 142 424 24,456 Public Debt Cash Redemp. (Table III-B) 119,707 130,492 3,989,008 Social Security Benefits (EFT) 23,118 23,334 399,871 Supple. Nutrition Assist. Program (SNAP) 4 43 3,041 Temporary Assistance for Needy Families (HHS) 49 183 9,978 Transportation Security Admin. (DHS) 2 3 480 Unemployment Insurance Benefits 277 1,289 58,844 Veterans Affairs programs 134 723 24,632 Other Withdrawals: Agriculture Loan Payments (misc) 65 128 5,137 Federal Transit Admin. 65 155 7,243 IRS Tax Refunds Individual (EFT) 185 5,182 229,190 Thrift Savings Plan Transfer 111 307 16,089 Unclassified 1,509 5,545 212,342 Total, Other Withdrawals 1,935 32,974 739,962 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 153,217 228,090 6,594,017 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 0 0 702,492 Total Withdrawals (excluding transfers) 153,217 228,090 6,594,017 Net Change in Operating Cash Balance -23,633 -53,506 55,023 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday May 03, 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 119,935 119,935 3,201,656 Cash Management Series 0 0 50,001 Notes 0 0 1,188,063 Bonds 0 0 121,234 Inflation-Protected Securities Increment 189 490 6,800 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 11 1,878 Interest Increment 1 480 4,329 Government Account Series 246,615 735,235 35,137,801 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 1,732 4,075 74,362 Other 1,078 2,520 120,397 Total Issues 369,552 862,746 39,907,321 (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 117,936 117,936 3,113,737 Notes 0 0 675,995 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 32 120 6,110 Government Account Series 259,139 753,419 35,037,451 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 200 600 State and Local Series 671 9,723 72,099 Other 1,069 2,514 120,465 Total Redemptions 378,846 883,912 39,026,459 Net Change in Public Debt Outstanding -9,293 -21,166 880,862 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday May 03, 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) 369,552 862,746 39,907,321 Premium on New Issues 0 0 7,424 Discount on New Issues: Bills (-) 79 79 851 Bonds and Notes (-) 0 0 4,434 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 246,615 735,235 35,137,801 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 480 4,329 Inflation-Protected Securities Increment 189 490 6,037 Total Public Debt Cash Issues Deposited in Federal Reserve Account 122,669 126,463 4,761,293 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 378,846 883,912 39,026,459 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 (-) 259,139 753,419 35,037,451 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 119,707 130,492 3,989,008 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday May 03, 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 $ 10,913,530 $ 10,910,385 $ 10,916,071 $ 10,127,031 Intragovernmental Holdings 4,757,672 4,770,111 4,776,297 4,663,309 Total Public Debt Outstanding 15,671,202 15,680,496 15,692,368 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 33,141 33,073 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 15,628,651 15,638,012 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 Thursday May 03, 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 $ 1,869 $ 24,955 $ 1,090,827 Individual Income Taxes 26 101 30,415 Railroad Retirement Taxes 1 38 2,658 Excise Taxes 13 54 42,291 Corporation Income Taxes 26 90 139,377 Federal Unemployment Taxes 6 69 6,254 Estate and Gift Taxes & Misc IRS Rcpts. 1 4 391 Change in Balance of Unclassified Taxes 0 0 0 Total 1,941 25,312 1,312,213 These Receipts were deposited in: Federal Reserve Account: Directly 74 342 22,695 Collector Depositaries 1,836 22,944 540,088 Tax and Loan Accounts 0 0 700,687 Inter-agency Transfers 31 2,026 48,743 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 Thursday May 03, 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 $ 562 $ 6,390 $ 287,419 Business 33 278 40,097 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.