1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday May 04, 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 $ 115,184 $ 113,113 $ 166,619 $ 56,284 Supplementary Financing Prog 0 0 0 0 Tax and Loan Note Accounts (Table V) 0 0 0 1,805 Total Operating Balance 115,184 113,113 166,619 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday May 04, 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) 25 103 6,143 Air Transport Security Fees 0 3 1,351 Commodity Credit Corporation programs 54 135 5,095 Customs and Certain Excise Taxes 65 365 22,978 Deposits by States: Supplemental Security Income 8 19 2,608 Unemployment 2,474 14,486 37,363 Education Department programs 76 549 18,143 Energy Department programs 11 67 4,613 Estate and Gift Taxes 38 150 8,886 Federal Reserve Earnings 0 3,664 46,117 Foreign Deposits, Military Sales 13 1,393 15,212 FTD's Received (Table IV) 7,146 30,432 569,930 GSE MBS Purchase Program Income 0 0 73,166 Housing and Urban Development programs 2 17 2,013 Individual Income and Employment Taxes, Not Withheld 234 4,959 240,507 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 922 960 5,217 Postal Service 364 1,423 53,850 Public Debt Cash Issues (Table III-B) 959 127,423 4,762,252 Other Deposits: Federal Housing Admin: Note Sales 101 233 9,288 Medicare Premiums 72 305 14,612 Railroad Unemployment Ins. 7 8 174 Total Other Deposits 180 1,009 85,479 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 0 0 702,492 Total Federal Reserve Account 12,573 187,156 6,663,419 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) 12,573 187,156 6,661,613 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday May 04, 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 30 87 13,013 Defense Vendor Payments (EFT) 1,450 5,563 222,718 Education Department programs 847 2,195 130,667 Energy Department programs 158 562 24,587 Federal Employees Insurance Payments 147 801 40,919 Fed. Highway Administration programs 99 595 22,869 Federal Salaries (EFT) 103 2,292 104,640 Food and Nutrition Service (misc) 342 1,057 60,450 GSA programs 46 684 13,008 Health and Human Services Grants (misc) 317 1,357 59,077 Housing and Urban Development programs 214 3,208 46,771 Interest on Treasury Securities 0 238 119,905 Justice Department programs 102 286 10,459 Labor Dept. prgms (excl. unemployment) 116 295 8,591 Medicaid 619 3,898 142,967 Medicare 1,304 21,218 319,977 NASA programs 91 273 9,112 Postal Service Money Orders and Other 142 567 24,598 Public Debt Cash Redemp. (Table III-B) 934 131,426 3,989,942 Social Security Benefits (EFT) 37 23,366 399,903 Supple. Nutrition Assist. Program (SNAP) 14 57 3,055 Temporary Assistance for Needy Families (HHS) 49 232 10,026 Transportation Security Admin. (DHS) 1 4 481 Unemployment Insurance Benefits 237 1,526 59,081 Veterans Affairs programs 173 896 24,805 Other Withdrawals: Federal Financing Bank 58 210 6,553 HHS Deposit Fund Transfers to States 1/ 137 137 1,632 IRS Tax Refunds Business (EFT) 53 99 16,331 IRS Tax Refunds Individual (EFT) 260 5,432 229,441 Treasury Dept: Claims Payments 135 142 1,424 Veterans Benefits (EFT) 86 4,150 30,184 Unclassified 2,200 7,751 214,547 Total, Other Withdrawals 2,930 35,910 742,897 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 10,502 238,592 6,604,519 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 0 0 702,492 Total Withdrawals (excluding transfers) 10,502 238,592 6,604,519 Net Change in Operating Cash Balance 2,070 -51,436 57,094 1/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 May 04, 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 0 119,935 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 188 678 6,987 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 14 1,881 Interest Increment 1 480 4,330 Government Account Series 233,326 968,560 35,371,126 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 228 4,304 74,590 Other 728 3,249 121,125 Total Issues 234,474 1,097,220 40,141,794 (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 0 117,936 3,113,737 Notes 0 0 675,995 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 35 155 6,145 Government Account Series 232,826 986,245 35,270,276 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 200 600 State and Local Series 170 9,893 72,269 Other 729 3,243 121,194 Total Redemptions 233,760 1,117,671 39,260,218 Net Change in Public Debt Outstanding 714 -20,452 881,576 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday May 04, 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) 234,474 1,097,220 40,141,794 Premium on New Issues 0 0 7,424 Discount on New Issues: Bills (-) 0 79 851 Bonds and Notes (-) 0 0 4,434 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 233,326 968,560 35,371,126 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 480 4,330 Inflation-Protected Securities Increment 188 678 6,225 Total Public Debt Cash Issues Deposited in Federal Reserve Account 959 127,423 4,762,252 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 233,760 1,117,671 39,260,218 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 (-) 232,826 986,245 35,270,276 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 934 131,426 3,989,942 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday May 04, 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 $ 10,913,691 $ 10,913,530 $ 10,916,071 $ 10,127,031 Intragovernmental Holdings 4,758,226 4,757,672 4,776,297 4,663,309 Total Public Debt Outstanding 15,671,916 15,671,202 15,692,368 14,790,340 Less: Debt Not Subject to Limit: Other Debt 487 487 487 487 Unamortized Discount 33,130 33,141 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 15,629,375 15,628,651 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 Friday May 04, 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 $ 7,053 $ 32,009 $ 1,097,881 Individual Income Taxes 21 122 30,436 Railroad Retirement Taxes 11 49 2,669 Excise Taxes 32 87 42,324 Corporation Income Taxes 27 117 139,405 Federal Unemployment Taxes 7 76 6,260 Estate and Gift Taxes & Misc IRS Rcpts. 1 5 392 Change in Balance of Unclassified Taxes 0 0 0 Total 7,152 32,464 1,319,365 These Receipts were deposited in: Federal Reserve Account: Directly 134 476 22,829 Collector Depositaries 7,012 29,956 547,101 Tax and Loan Accounts 0 0 700,687 Inter-agency Transfers 6 2,032 48,748 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 Friday May 04, 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 $ 3,308 $ 9,688 $ 290,718 Business 56 334 40,153 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.