1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, June 21, 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 $ 133,876 $ 139,880 $ 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 $ 133,876 $ 139,880 $ 112,369 $ 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, June 21, 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) $ 22 $ 437 $ 7,153 Air Transport Security Fees 1 9 1,550 Commodity Credit Corporation programs 40 520 6,237 Customs and Certain Excise Taxes 98 1,459 27,493 Deposits by States: Supplemental Security Income 4 268 2,996 Unemployment 28 597 43,770 Education Department programs 89 1,610 22,321 Energy Department programs 28 245 5,406 Estate and Gift Taxes 42 621 10,310 Federal Reserve Earnings 0 4,958 58,111 Foreign Deposits, Military Sales 7 2,428 18,144 FTD's Received (Table IV) 2,166 164,318 855,150 GSE MBS Purchase Program Income 0 0 73,166 Housing and Urban Development programs 119 234 2,561 Individual Income and Employment Taxes, Not Withheld 2,916 43,073 288,652 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 13 174 5,836 Postal Service 283 5,013 64,712 Public Debt Cash Issues (Table III-B) 92,245 366,159 5,736,655 Other Deposits: Gas and Oil Lease Sales Proceeds 108 341 658 Medicare Premiums 471 1,501 17,821 Thrift Savings Plan Transfer 112 1,882 16,442 Total Other Deposits 691 5,959 103,462 Change in Balance of Uncollected Funds -1 0 5 Transfers from Depositaries 0 0 702,492 Total Federal Reserve Account 98,789 598,083 8,036,182 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) $ 98,789 $ 598,083 $ 8,034,377 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, June 21, 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 $ 11 $ 273 $ 13,592 Defense Vendor Payments (EFT) 1,957 22,317 270,921 Education Department programs 522 10,217 152,168 Energy Department programs 134 1,871 29,565 Federal Employees Insurance Payments 178 3,826 50,011 Fed. Highway Administration programs 376 2,973 28,804 Federal Salaries (EFT) 101 7,819 124,966 Food and Nutrition Service (misc) 294 6,826 74,995 GSA programs 109 1,415 15,757 Health and Human Services Grants (misc) 311 5,276 71,138 Housing and Urban Development programs 177 5,224 55,174 Interest on Treasury Securities 0 1,478 156,284 Justice Department programs 30 903 12,915 Labor Dept. prgms (excl. unemployment) 55 861 10,395 Medicaid 1,897 16,702 178,584 Medicare 2,325 37,239 386,907 NASA programs 70 1,046 11,181 Postal Service Money Orders and Other 99 2,205 29,620 Public Debt Cash Redemp. (Table III-B) 93,598 343,255 4,855,247 Social Security Benefits (EFT) 42 45,397 477,683 Supple. Nutrition Assist. Program (SNAP) 12 200 3,500 Temporary Assistance for Needy Families (HHS) 70 1,082 12,082 Transportation Security Admin. (DHS) 13 55 558 Unemployment Insurance Benefits 246 4,782 69,989 Veterans Affairs programs 104 2,419 29,916 Other Withdrawals: Agency for Internat'l Development 54 991 9,924 Agriculture Loan Payments (misc) 72 554 6,378 Environmental Protection Agency 57 503 5,611 Federal Financing Bank 385 956 8,003 Federal Railroad Admin. 85 256 2,067 Federal Transit Admin. 62 604 8,482 Treasury Department programs 187 362 2,126 Unclassified 1,159 20,152 262,341 Total, Other Withdrawals 2,062 50,915 836,640 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 104,793 576,576 7,958,591 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 0 0 702,492 Total Withdrawals (excluding transfers) $ 104,793 $ 576,576 $ 7,958,591 Net Change in Operating Cash Balance $ -6,004 $ 21,507 $ 75,786 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, June 21, 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 $ 89,415 $ 273,479 $ 3,867,558 Cash Management Series 0 0 50,001 Notes 0 56,742 1,416,307 Bonds 0 13,918 152,153 Inflation-Protected Securities Increment 79 1,780 14,032 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 38 1,974 Interest Increment 1 498 4,840 Government Account Series 233,398 3,518,609 43,156,427 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 1,732 9,115 96,597 Other 1,124 11,904 147,772 Total Issues $ 325,753 $ 3,886,083 $ 48,908,462 (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 $ 92,422 $ 282,485 $ 3,798,650 Notes 0 35,370 811,710 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 33 581 7,376 Government Account Series 230,466 3,533,869 43,063,911 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 200 800 State and Local Series 24 12,695 88,856 Other 1,119 11,924 147,854 Total Redemptions $ 324,064 $ 3,877,124 $ 47,919,159 Net Change in Public Debt Outstanding $ 1,689 $ 8,958 $ 989,303 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, June 21, 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) $ 325,753 $ 3,886,083 $ 48,908,462 Premium on New Issues 0 1,056 9,139 Discount on New Issues: Bills (-) 29 81 1,091 Bonds and Notes (-) 0 12 5,498 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 233,398 3,518,609 43,156,427 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 498 4,840 Inflation-Protected Securities Increment 79 1,780 13,089 Total Public Debt Cash Issues Deposited in Federal Reserve Account 92,245 366,159 5,736,655 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 324,064 $ 3,877,124 $ 47,919,159 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 (-) 230,466 3,533,869 43,063,911 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 93,598 $ 343,255 $ 4,855,247 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, June 21, 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 $ 11,032,512 $ 11,033,476 $ 11,006,251 $ 10,127,031 Intragovernmental Holdings 4,747,131 4,744,478 4,764,434 4,663,309 Total Public Debt Outstanding 15,779,643 15,777,955 15,770,685 14,790,340 Less: Debt Not Subject to Limit: Other Debt 486 486 486 487 Unamortized Discount 31,173 31,155 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 $ 15,739,059 $ 15,737,388 $ 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 21, 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 $ 2,062 $ 103,537 $ 1,312,416 Individual Income Taxes 25 3,521 34,567 Railroad Retirement Taxes 6 228 3,207 Excise Taxes 18 3,491 52,405 Corporation Income Taxes 56 57,350 204,446 Federal Unemployment Taxes 2 47 6,380 Estate and Gift Taxes & Misc IRS Rcpts. 1 32 446 Change in Balance of Unclassified Taxes 0 0 0 Total $ 2,170 $ 168,205 $ 1,613,868 These Receipts were deposited in: Federal Reserve Account: Directly 43 1,856 27,737 Collector Depositaries 2,122 162,462 827,414 Tax and Loan Accounts 0 0 700,687 Inter-agency Transfers 4 3,886 58,031 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 21, 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 $ 148 $ 4,444 $ 306,568 Business 7 1,884 45,070 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.