1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, June 8, 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 $ 41,931 $ 45,729 $ 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 $ 41,931 $ 45,729 $ 112,369 $ 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, June 8, 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) $ 29 $ 222 $ 6,938 Air Transport Security Fees 0 3 1,544 Commodity Credit Corporation programs 29 216 5,932 Customs and Certain Excise Taxes 54 376 26,410 Deposits by States: Supplemental Security Income 220 234 2,961 Unemployment 171 402 43,575 Education Department programs 123 601 21,313 Energy Department programs 5 57 5,217 Estate and Gift Taxes 10 211 9,901 Federal Reserve Earnings 0 1,519 54,672 Foreign Deposits, Military Sales 7 1,656 17,372 FTD's Received (Table IV) 6,156 45,004 735,836 GSE MBS Purchase Program Income 0 0 73,166 Housing and Urban Development programs 5 73 2,400 Individual Income and Employment Taxes, Not Withheld 757 3,511 249,090 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 6 58 5,720 Postal Service 329 2,222 61,921 Public Debt Cash Issues (Table III-B) 740 99,108 5,469,604 Other Deposits: Federal Housing Admin: Note Sales 83 806 11,291 Medicare Premiums 91 373 16,692 Thrift Savings Plan Transfer 66 109 14,668 Total Other Deposits 241 1,689 99,192 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 0 0 702,492 Total Federal Reserve Account 8,881 157,160 7,595,259 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) $ 8,881 $ 157,160 $ 7,593,454 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, June 8, 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 $ 23 $ 124 $ 13,443 Defense Vendor Payments (EFT) 1,299 7,487 256,090 Education Department programs 908 4,049 146,000 Energy Department programs 171 775 28,469 Federal Employees Insurance Payments 158 1,287 47,471 Fed. Highway Administration programs 319 1,169 27,000 Federal Salaries (EFT) 3,098 4,431 121,578 Food and Nutrition Service (misc) 404 2,414 70,583 GSA Programs 32 754 15,095 Health and Human Services Grants (misc) 454 2,084 67,945 Housing and Urban Development programs 174 3,521 53,471 Interest on Treasury Securities 2 393 155,198 Justice Department programs 53 414 12,426 Labor Dept. prgms (excl. unemployment) 88 402 9,936 Medicaid 994 6,028 167,910 Medicare 1,194 22,779 372,448 NASA programs 88 597 10,733 Postal Service Money Orders and Other 151 960 28,375 Public Debt Cash Redemp. (Table III-B) 958 107,673 4,619,665 Social Security Benefits (EFT) 63 23,734 456,020 Supple. Nutrition Assist. Program (SNAP) 9 66 3,366 Temporary Assistance for Needy Families (HHS) 34 421 11,421 Transportation Security Admin. (DHS) 1 25 527 Unemployment Insurance Benefits 143 1,748 66,956 Veterans Affairs programs 117 1,119 28,616 Other Withdrawals: Deposit Insurance Fund 105 119 7,275 Emergency Prep & Response (DHS) 69 254 8,732 Federal Railroad Admin. 96 131 1,942 TARP 4 91 2,673 Thrift Savings Plan Transfer 120 441 18,092 Unclassified 1,351 9,621 251,810 Total, Other Withdrawals 1,745 33,148 818,873 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 12,680 227,598 7,609,613 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 0 0 702,492 Total Withdrawals (excluding transfers) $ 12,680 $ 227,598 $ 7,609,613 Net Change in Operating Cash Balance $ -3,798 $ -70,438 $ -16,159 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, June 8, 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 $ 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 79 748 12,999 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 16 1,953 Interest Increment 1 490 4,832 Government Account Series 231,588 1,415,981 41,053,799 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 18 3,628 91,110 Other 719 4,705 140,573 Total Issues $ 232,408 $ 1,516,351 $ 46,538,730 (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 $ 0 $ 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 40 231 7,027 Government Account Series 229,456 1,444,000 40,974,042 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 200 800 State and Local Series 200 8,741 84,901 Other 719 4,721 140,651 Total Redemptions $ 230,414 $ 1,551,673 $ 45,593,707 Net Change in Public Debt Outstanding $ 1,994 $ -35,321 $ 945,023 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, June 8, 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) $ 232,408 $ 1,516,351 $ 46,538,730 Premium on New Issues 0 0 8,082 Discount on New Issues: Bills (-) 0 24 1,035 Bonds and Notes (-) 0 0 5,486 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 231,588 1,415,981 41,053,799 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 490 4,832 Inflation-Protected Securities Increment 79 748 12,056 Total Public Debt Cash Issues Deposited in Federal Reserve Account 740 99,108 5,469,604 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 230,414 $ 1,551,673 $ 45,593,707 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 (-) 229,456 1,444,000 40,974,042 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 958 $ 107,673 $ 4,619,665 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, June 8, 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 $ 10,999,229 $ 10,999,257 $ 11,006,251 $ 10,127,031 Intragovernmental Holdings 4,736,135 4,734,113 4,764,434 4,663,309 Total Public Debt Outstanding 15,735,364 15,733,369 15,770,685 14,790,340 Less: Debt Not Subject to Limit: Other Debt 486 486 486 487 Unamortized Discount 31,261 31,275 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 $ 15,694,692 $ 15,692,683 $ 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 Friday, June 8, 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 $ 6,459 $ 45,903 $ 1,254,783 Individual Income Taxes 63 284 31,330 Railroad Retirement Taxes 58 101 3,081 Excise Taxes 142 196 49,110 Corporation Income Taxes 129 669 147,766 Federal Unemployment Taxes 3 16 6,350 Estate and Gift Taxes & Misc IRS Rcpts. 1 7 421 Change in Balance of Unclassified Taxes 0 0 0 Total $ 6,854 $ 47,179 $ 1,492,842 These Receipts were deposited in: Federal Reserve Account: Directly 23 320 26,200 Collector Depositaries 6,132 44,684 709,635 Tax and Loan Accounts 0 0 700,687 Inter-agency Transfers 699 2,175 56,319 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 Friday, June 8, 2012 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE VI Income Tax Refunds Issued ___________________________________________________________________________________________ Classification This Fiscal Today month year to date to date ____________________________________________________________________________________________ Individual $ 739 $ 2,407 $ 304,531 Business 52 811 43,997 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.