1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, June 27, 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 $ 117,923 $ 127,556 $ 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 $ 117,923 $ 127,556 $ 112,369 $ 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, June 27, 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 $ 610 $ 7,326 Air Transport Security Fees 1 18 1,559 Commodity Credit Corporation programs 42 643 6,359 Customs and Certain Excise Taxes 66 3,275 29,309 Deposits by States: Supplemental Security Income 5 286 3,013 Unemployment 41 699 43,872 Education Department programs 74 2,072 22,783 Energy Department programs 76 429 5,590 Estate and Gift Taxes 71 858 10,548 Federal Reserve Earnings 1,899 6,857 60,010 Foreign Deposits, Military Sales 3 2,463 18,179 FTD's Received (Table IV) 6,633 189,598 880,429 GSE MBS Purchase Program Income 0 0 73,166 Housing and Urban Development programs 3 271 2,598 Individual Income and Employment Taxes, Not Withheld 750 46,629 292,208 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 17 220 5,882 Postal Service 285 6,215 65,914 Public Debt Cash Issues (Table III-B) 1,234 370,197 5,740,692 Other Deposits: Medicare Premiums 50 1,880 18,200 TARP 126 1,075 31,669 Total Other Deposits 176 6,799 104,302 Change in Balance of Uncollected Funds 2 0 5 Transfers from Depositaries 0 0 702,492 Total Federal Reserve Account 11,396 638,138 8,076,237 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) $ 11,396 $ 638,138 $ 8,074,431 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, June 27, 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 $ 16 $ 374 $ 13,692 Defense Vendor Payments (EFT) 1,344 28,710 277,314 Education Department programs 1,106 13,748 155,699 Energy Department programs 112 2,379 30,073 Federal Employees Insurance Payments 224 4,809 50,994 Fed. Highway Administration programs 230 3,814 29,645 Federal Salaries (EFT) 68 12,844 129,991 Food and Nutrition Service (misc) 213 8,040 76,209 GSA programs 111 1,671 16,012 Health and Human Services Grants (misc) 634 7,094 72,955 Housing and Urban Development programs 172 5,906 55,856 Interest on Treasury Securities 1 1,482 156,288 Justice Department programs 25 1,049 13,062 Labor Dept. prgms (excl. unemployment) 58 1,114 10,648 Medicaid 873 20,242 182,124 Medicare 1,538 44,330 393,998 NASA programs 64 1,316 11,451 Postal Service Money Orders and Other 76 2,739 30,154 Public Debt Cash Redemp. (Table III-B) 788 346,440 4,858,432 Social Security Benefits (EFT) 10,780 56,307 488,593 Supple. Nutrition Assist. Program (SNAP) 5 230 3,530 Temporary Assistance for Needy Families (HHS) 20 1,229 12,229 Transportation Security Admin. (DHS) 1 59 561 Unemployment Insurance Benefits 371 6,073 71,281 Veterans Affairs programs 124 2,927 30,424 Other Withdrawals: HHS: Indian Health Service 72 446 6,075 IRS Tax Refunds Individual (EFT) 352 2,099 236,271 State Department 77 637 7,587 TARP 214 305 2,887 Thrift Savings Plan Transfer 249 1,456 19,106 Treasury Department programs 135 758 2,522 Unclassified 977 24,320 266,508 Total, Other Withdrawals 2,075 57,658 843,383 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 21,028 632,583 8,014,598 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 0 0 702,492 Total Withdrawals (excluding transfers) $ 21,028 $ 632,583 $ 8,014,598 Net Change in Operating Cash Balance $ -9,633 $ 5,554 $ 59,833 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, June 27, 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 78 2,256 14,508 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 47 1,984 Interest Increment 1 500 4,842 Government Account Series 230,722 4,442,461 44,080,280 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 518 10,285 97,767 Other 714 14,761 150,629 Total Issues $ 232,036 $ 4,814,451 $ 49,836,830 (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 33 726 7,521 Government Account Series 241,401 4,459,746 43,989,788 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 200 800 State and Local Series 40 12,875 89,036 Other 715 14,783 150,714 Total Redemptions $ 242,189 $ 4,806,186 $ 48,848,220 Net Change in Public Debt Outstanding $ -10,153 $ 8,265 $ 988,610 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, June 27, 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) $ 232,036 $ 4,814,451 $ 49,836,830 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 (-) 230,722 4,442,461 44,080,280 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 500 4,842 Inflation-Protected Securities Increment 78 2,256 13,565 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,234 $ 370,197 $ 5,740,692 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 242,189 $ 4,806,186 $ 48,848,220 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 (-) 241,401 4,459,746 43,989,788 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 788 $ 346,440 $ 4,858,432 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, June 27, 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 $ 11,034,319 $ 11,034,028 $ 11,006,251 $ 10,127,031 Intragovernmental Holdings 4,744,632 4,755,077 4,764,434 4,663,309 Total Public Debt Outstanding 15,778,951 15,789,104 15,770,685 14,790,340 Less: Debt Not Subject to Limit: Other Debt 486 486 486 487 Unamortized Discount 31,106 31,118 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 $ 15,738,433 $ 15,748,576 $ 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 Wednesday, June 27, 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 $ 6,276 $ 129,291 $ 1,338,170 Individual Income Taxes 22 3,635 34,681 Railroad Retirement Taxes 3 335 3,315 Excise Taxes 426 4,201 53,115 Corporation Income Taxes 46 57,569 204,665 Federal Unemployment Taxes 3 56 6,389 Estate and Gift Taxes & Misc IRS Rcpts. 1 35 448 Change in Balance of Unclassified Taxes 0 0 0 Total $ 6,776 $ 195,122 $ 1,640,785 These Receipts were deposited in: Federal Reserve Account: Directly 62 2,025 27,905 Collector Depositaries 6,571 187,573 852,524 Tax and Loan Accounts 0 0 700,687 Inter-agency Transfers 143 5,524 59,668 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 Wednesday, June 27, 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 $ 386 $ 5,581 $ 307,705 Business 38 2,404 45,590 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.