1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, June 12, 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 $ 41,410 $ 44,015 $ 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 $ 41,410 $ 44,015 $ 112,369 $ 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, June 12, 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) $ 35 $ 276 $ 6,992 Air Transport Security Fees 0 4 1,545 Commodity Credit Corporation programs 43 285 6,001 Customs and Certain Excise Taxes 82 525 26,559 Deposits by States: Supplemental Security Income 3 239 2,967 Unemployment 18 435 43,608 Education Department programs 123 810 21,521 Energy Department programs 5 71 5,232 Estate and Gift Taxes 21 267 9,957 Federal Reserve Earnings 0 1,519 54,672 Foreign Deposits, Military Sales 3 1,668 17,383 FTD's Received (Table IV) 2,746 58,738 749,570 GSE MBS Purchase Program Income 0 0 73,166 Housing and Urban Development programs 0 74 2,401 Individual Income and Employment Taxes, Not Withheld 1,895 6,514 252,093 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 34 97 5,759 Postal Service 374 2,930 62,629 Public Debt Cash Issues (Table III-B) 1,188 101,060 5,471,555 Other Deposits: Total Other Deposits 0 1,743 99,246 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 0 0 702,492 Total Federal Reserve Account 6,571 177,253 7,615,352 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) $ 6,571 $ 177,253 $ 7,613,547 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, June 12, 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 $ 13 $ 164 $ 13,482 Defense Vendor Payments (EFT) 1,230 9,947 258,551 Education Department programs 557 5,626 147,577 Energy Department programs 112 966 28,660 Federal Employees Insurance Payments 227 2,106 48,291 Fed. Highway Administration programs 165 1,415 27,246 Federal Salaries (EFT) 428 6,268 123,415 Food and Nutrition Service (misc) 422 3,873 72,041 GSA programs 64 879 15,221 Health and Human Services Grants (misc) 319 2,732 68,594 Housing and Urban Development programs 168 3,869 53,819 Interest on Treasury Securities 1 395 155,200 Justice Department programs 77 556 12,568 Labor Dept. prgms (excl. unemployment) 43 493 10,027 Medicaid 1,211 7,725 169,607 Medicare 1,071 24,688 374,356 NASA programs 44 664 10,800 Postal Service Money Orders and Other 156 1,372 28,786 Public Debt Cash Redemp. (Table III-B) 764 109,303 4,621,295 Social Security Benefits (EFT) 32 23,807 456,093 Supple. Nutrition Assist. Program (SNAP) 9 102 3,402 Temporary Assistance for Needy Families (HHS) 79 577 11,577 Transportation Security Admin. (DHS) 1 26 529 Unemployment Insurance Benefits 518 2,512 67,719 Veterans Affairs programs 110 1,435 28,931 Other Withdrawals: Agriculture 137 297 6,648 Unclassified 1,219 12,679 254,867 Total, Other Withdrawals 1,357 36,714 822,439 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 9,177 248,212 7,630,227 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 0 0 702,492 Total Withdrawals (excluding transfers) $ 9,177 $ 248,212 $ 7,630,227 Net Change in Operating Cash Balance $ -2,605 $ -70,959 $ -16,680 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, June 12, 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 $ 90,782 $ 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 1,065 13,317 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 22 1,959 Interest Increment 1 492 4,834 Government Account Series 235,172 1,883,546 41,521,365 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 467 4,138 91,620 Other 718 6,142 142,009 Total Issues $ 236,440 $ 1,986,187 $ 47,008,566 (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 45 319 7,114 Government Account Series 229,226 1,903,209 41,433,251 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 200 800 State and Local Series 0 8,845 85,006 Other 719 6,159 142,089 Total Redemptions $ 229,990 $ 2,012,512 $ 46,054,546 Net Change in Public Debt Outstanding $ 6,451 $ -26,324 $ 954,020 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, June 12, 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) $ 236,440 $ 1,986,187 $ 47,008,566 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 (-) 235,172 1,883,546 41,521,365 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 492 4,834 Inflation-Protected Securities Increment 79 1,065 12,373 Total Public Debt Cash Issues Deposited in Federal Reserve Account 1,188 101,060 5,471,555 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 229,990 $ 2,012,512 $ 46,054,546 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 (-) 229,226 1,903,209 41,433,251 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 764 $ 109,303 $ 4,621,295 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, June 12, 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 $ 11,000,146 $ 10,999,436 $ 11,006,251 $ 10,127,031 Intragovernmental Holdings 4,744,215 4,738,474 4,764,434 4,663,309 Total Public Debt Outstanding 15,744,361 15,737,910 15,770,685 14,790,340 Less: Debt Not Subject to Limit: Other Debt 486 486 486 487 Unamortized Discount 31,217 31,228 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 $ 15,703,733 $ 15,697,271 $ 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 Tuesday, June 12, 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 $ 1,433 $ 58,267 $ 1,267,147 Individual Income Taxes 223 603 31,649 Railroad Retirement Taxes 0 145 3,125 Excise Taxes 427 684 49,598 Corporation Income Taxes 672 1,718 148,815 Federal Unemployment Taxes 8 26 6,360 Estate and Gift Taxes & Misc IRS Rcpts. 1 9 423 Change in Balance of Unclassified Taxes 0 0 0 Total $ 2,764 $ 61,454 $ 1,507,116 These Receipts were deposited in: Federal Reserve Account: Directly 47 407 26,287 Collector Depositaries 2,699 58,331 723,282 Tax and Loan Accounts 0 0 700,687 Inter-agency Transfers 18 2,716 56,860 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 Tuesday, June 12, 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 $ 79 $ 2,571 $ 304,695 Business 418 1,326 44,512 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.