1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, June 7, 2012 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE I Operating Cash Balance ___________________________________________________________________________________________ Opening balance Closing ______________________________________ Type of account balance This This today Today month fiscal year ____________________________________________________________________________________________ Federal Reserve Account $ 45,729 $ 54,040 $ 112,369 $ 56,284 Supplementary Financing Program 0 0 0 0 Account Tax and Loan Note Accounts (Table V) 0 0 0 1,805 Total Operating Balance $ 45,729 $ 54,040 $ 112,369 $ 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, June 7, 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) $ 19 $ 193 $ 6,909 Air Transport Security Fees 0 3 1,544 Commodity Credit Corporation programs 27 187 5,903 Customs and Certain Excise Taxes 58 321 26,355 Deposits by States: Supplemental Security Income 3 14 2,742 Unemployment 17 231 43,404 Education Department programs 96 478 21,190 Energy Department programs 4 52 5,212 Estate and Gift Taxes 5 201 9,891 Federal Reserve Earnings 0 1,519 54,672 Foreign Deposits, Military Sales 14 1,649 17,365 FTD's Received (Table IV) 1,808 38,849 729,680 GSE MBS Purchase Program Income 0 0 73,166 Housing and Urban Development programs 1 68 2,395 Individual Income and Employment Taxes, Not Withheld 513 2,753 248,332 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 5 52 5,714 Postal Service 347 1,892 61,592 Public Debt Cash Issues (Table III-B) 93,318 98,368 5,468,864 Other Deposits: Federal Housing Admin: Note Sales 228 722 11,208 Medicare Premiums 128 281 16,601 Total Other Deposits 356 1,448 98,951 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 0 0 702,492 Total Federal Reserve Account 96,591 148,279 7,586,378 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) $ 96,591 $ 148,279 $ 7,584,573 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, June 7, 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 $ 38 $ 101 $ 13,420 Defense Vendor Payments (EFT) 1,271 6,187 254,791 Education Department programs 802 3,141 145,092 Energy Department programs 143 604 28,299 Federal Employees Insurance Payments 197 1,129 47,314 Fed. Highway Administration programs 205 850 26,681 Federal Salaries (EFT) 188 1,333 118,480 Food and Nutrition Service (misc) 423 2,010 70,179 GSA programs 103 721 15,063 Health and Human Services Grants (misc) 406 1,629 67,491 Housing and Urban Development programs 179 3,347 53,297 Interest on Treasury Securities 1 391 155,196 Justice Department programs 56 361 12,373 Labor Dept. prgms (excl. unemployment) 59 314 9,848 Medicaid 1,636 5,034 166,916 Medicare 1,186 21,585 371,253 NASA programs 218 510 10,645 Postal Service Money Orders and Other 162 810 28,225 Public Debt Cash Redemp. (Table III-B) 95,380 106,714 4,618,706 Social Security Benefits (EFT) 60 23,673 455,959 Supple. Nutrition Assist. Program (SNAP) 11 57 3,357 Temporary Assistance for Needy Families (HHS) 174 386 11,386 Transportation Security Admin. (DHS) 1 24 526 Unemployment Insurance Benefits 236 1,605 66,813 Veterans Affairs Programs 110 1,002 28,499 Other Withdrawals: Federal Financing Bank 50 150 7,197 Federal Transit Admin. 127 219 8,097 Thrift Savings Plan Transfer 177 321 17,972 Treasury Dept: Claims Payments 61 79 1,613 Veterans Benefits (EFT) 74 4,242 34,795 Unclassified 1,168 8,267 250,456 Total, Other Withdrawals 1,658 31,399 817,125 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 104,903 214,919 7,596,934 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 0 0 702,492 Total Withdrawals (excluding transfers) $ 104,903 $ 214,919 $ 7,596,934 Net Change in Operating Cash Balance $ -8,312 $ -66,640 $ -12,361 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, June 7, 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 $ 90,784 $ 90,783 $ 3,684,862 Cash Management Series 0 0 50,001 Notes 0 0 1,359,565 Bonds 0 0 138,235 Inflation-Protected Securities Increment 79 669 12,920 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 14 1,950 Interest Increment 1 490 4,831 Government Account Series 235,010 1,184,392 40,822,211 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 1,492 3,610 91,092 Other 1,064 3,986 139,854 Total Issues $ 328,432 $ 1,283,943 $ 46,306,322 (Stated at face value except for savings and retirement plan securities which are stated at current redemption values.) ___________________________________________________________________________________________ This Fiscal Redemptions Today month year to date to date ____________________________________________________________________________________________ Marketable: Bills $ 93,780 $ 93,780 $ 3,609,944 Notes 0 0 776,340 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 35 192 6,987 Government Account Series 234,279 1,214,544 40,744,586 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 200 800 State and Local Series 494 8,541 84,702 Other 1,072 4,002 139,932 Total Redemptions $ 329,659 $ 1,321,259 $ 45,363,293 Net Change in Public Debt Outstanding $ -1,227 $ -37,316 $ 943,029 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, June 7, 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) $ 328,432 $ 1,283,943 $ 46,306,322 Premium on New Issues 0 0 8,082 Discount on New Issues: Bills (-) 24 24 1,035 Bonds and Notes (-) 0 0 5,486 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 235,010 1,184,392 40,822,211 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 490 4,831 Inflation-Protected Securities Increment 79 669 11,977 Total Public Debt Cash Issues Deposited in Federal Reserve Account 93,318 98,368 5,468,864 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 329,659 $ 1,321,259 $ 45,363,293 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 (-) 234,279 1,214,544 40,744,586 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 95,380 $ 106,714 $ 4,618,706 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, June 7, 2012 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE III-C Debt Subject to Limit ___________________________________________________________________________________________ Opening balance Closing ______________________________________ Balance Transactions balance This This today Today month fiscal year ____________________________________________________________________________________________ Debt Held by the Public $ 10,999,257 $ 11,001,066 $ 11,006,251 $ 10,127,031 Intragovernmental Holdings 4,734,113 4,733,531 4,764,434 4,663,309 Total Public Debt Outstanding 15,733,369 15,734,597 15,770,685 14,790,340 Less: Debt Not Subject to Limit: Other Debt 486 486 486 487 Unamortized Discount 31,275 31,259 31,325 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 $ 15,692,683 $ 15,693,927 $ 15,729,949 $ 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, June 7, 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 $ 1,637 $ 39,444 $ 1,248,324 Individual Income Taxes 46 221 31,267 Railroad Retirement Taxes 2 43 3,023 Excise Taxes 26 55 48,969 Corporation Income Taxes 137 541 147,637 Federal Unemployment Taxes 2 14 6,347 Estate and Gift Taxes & Misc IRS Rcpts. 2 6 420 Change in Balance of Unclassified Taxes 0 0 0 Total $ 1,852 $ 40,325 $ 1,485,987 These Receipts were deposited in: Federal Reserve Account: Directly 36 297 26,177 Collector Depositaries 1,772 38,552 703,503 Tax and Loan Accounts 0 0 700,687 Inter-agency Transfers 44 1,476 55,620 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 ______________________________________ Total A B C ____________________________________________________________________________________________ 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, June 7, 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 $ 97 $ 1,671 $ 303,795 Business 4 759 43,945 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.