1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, June 25, 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 $ 133,810 $ 130,293 $ 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 $ 133,810 $ 130,293 $ 112,369 $ 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, June 25, 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) $ 44 $ 519 $ 7,235 Air Transport Security Fees 1 13 1,554 Commodity Credit Corporation programs 22 570 6,287 Customs and Certain Excise Taxes 72 3,128 29,162 Deposits by States: Supplemental Security Income 2 276 3,003 Unemployment 11 622 43,795 Education Department programs 99 1,867 22,578 Energy Department programs 44 297 5,458 Estate and Gift Taxes 15 647 10,336 Federal Reserve Earnings 0 4,958 58,111 Foreign Deposits, Military Sales 9 2,453 18,168 FTD's Received (Table IV) 11,093 181,014 871,846 GSE MBS Purchase Program Income 0 0 73,166 Housing and Urban Development programs 1 236 2,563 Individual Income and Employment Taxes, Not Withheld 810 45,279 290,858 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 14 193 5,855 Postal Service 310 5,583 65,283 Public Debt Cash Issues (Table III-B) 749 367,851 5,738,346 Other Deposits: Federal Housing Admin: Note Sales 57 1,340 11,825 Medicare Premiums 119 1,800 18,119 TARP 120 825 31,418 Total Other Deposits 296 6,498 104,001 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 0 0 702,492 Total Federal Reserve Account 13,592 622,003 8,060,102 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) $ 13,592 $ 622,003 $ 8,058,297 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, June 25, 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 $ 20 $ 347 $ 13,665 Defense Vendor Payments (EFT) 1,355 25,710 274,314 Education Department programs 459 11,726 153,677 Energy Department programs 79 2,134 29,828 Federal Employees Insurance Payments 62 4,111 50,295 Fed. Highway Administration programs 192 3,446 29,277 Federal Salaries (EFT) 1,437 12,323 129,470 Food and Nutrition Service (misc) 545 7,640 75,808 GSA programs 39 1,507 15,849 Health and Human Services Grants (misc) 378 5,960 71,822 Housing and Urban Development programs 184 5,574 55,524 Interest on Treasury Securities 1 1,480 156,285 Justice Department programs 41 986 12,998 Labor Dept. prgms (excl. unemployment) 52 978 10,512 Medicaid 382 18,500 180,381 Medicare 1,558 40,687 390,355 NASA programs 70 1,170 11,305 Postal Service Money Orders and Other 204 2,515 29,930 Public Debt Cash Redemp. (Table III-B) 794 344,885 4,856,877 Social Security Benefits (EFT) 47 45,487 477,773 Supple. Nutrition Assist. Program (SNAP) 3 218 3,518 Temporary Assistance for Needy Families (HHS) 31 1,142 12,142 Transportation Security Admin. (DHS) 1 57 560 Unemployment Insurance Benefits 270 5,185 70,393 Veterans Affairs programs 176 2,696 30,193 Other Withdrawals: Agriculture 53 532 6,883 Centers for Disease Control 64 305 3,972 Emergency Prep & Response (DHS) 67 705 9,183 Federal Financing Bank 52 1,032 8,079 IRS Tax Refunds Business (EFT) 74 626 17,796 Thrift Savings Plan Transfer 237 1,177 18,827 Treasury Department programs 127 490 2,254 Unclassified 1,019 22,325 264,514 Total, Other Withdrawals 1,694 54,099 839,824 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 10,075 600,562 7,982,576 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 0 0 702,492 Total Withdrawals (excluding transfers) $ 10,075 $ 600,562 $ 7,982,576 Net Change in Operating Cash Balance $ 3,517 $ 21,442 $ 75,721 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, June 25, 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 $ 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 238 2,098 14,350 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 4 43 1,980 Interest Increment 1 499 4,841 Government Account Series 228,690 3,977,053 43,614,872 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 31 9,371 96,853 Other 715 13,334 149,202 Total Issues $ 229,678 $ 4,346,537 $ 49,368,916 (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 $ 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 36 651 7,447 Government Account Series 224,753 3,989,767 43,519,809 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 200 800 State and Local Series 43 12,825 88,985 Other 715 13,354 149,284 Total Redemptions $ 225,546 $ 4,334,652 $ 48,376,686 Net Change in Public Debt Outstanding $ 4,132 $ 11,885 $ 992,230 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, June 25, 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) $ 229,678 $ 4,346,537 $ 49,368,916 Premium on New Issues 0 1,056 9,138 Discount on New Issues: Bills (-) 0 81 1,091 Bonds and Notes (-) 0 12 5,498 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 228,690 3,977,053 43,614,872 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 499 4,841 Inflation-Protected Securities Increment 238 2,098 13,406 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 749 $ 367,851 $ 5,738,346 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 225,546 $ 4,334,652 $ 48,376,686 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 (-) 224,753 3,989,767 43,519,809 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 794 $ 344,885 $ 4,856,877 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, June 25, 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 $ 11,033,363 $ 11,033,193 $ 11,006,251 $ 10,127,031 Intragovernmental Holdings 4,749,207 4,745,245 4,764,434 4,663,309 Total Public Debt Outstanding 15,782,570 15,778,439 15,770,685 14,790,340 Less: Debt Not Subject to Limit: Other Debt 486 486 486 487 Unamortized Discount 31,129 31,162 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 $ 15,742,031 $ 15,737,866 $ 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 Monday, June 25, 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 $ 11,204 $ 120,871 $ 1,329,751 Individual Income Taxes 41 3,586 34,632 Railroad Retirement Taxes 82 322 3,301 Excise Taxes 196 3,741 52,655 Corporation Income Taxes 107 57,503 204,600 Federal Unemployment Taxes 2 51 6,385 Estate and Gift Taxes & Misc IRS Rcpts. 1 34 447 Change in Balance of Unclassified Taxes 0 0 0 Total $ 11,633 $ 186,107 $ 1,631,770 These Receipts were deposited in: Federal Reserve Account: Directly 43 1,932 27,812 Collector Depositaries 11,050 179,082 844,034 Tax and Loan Accounts 0 0 700,687 Inter-agency Transfers 540 5,093 59,237 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 Monday, June 25, 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 $ 85 $ 5,119 $ 307,243 Business 100 1,993 45,179 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.