1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, June 29, 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 $ 91,419 $ 112,110 $ 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 $ 91,419 $ 112,110 $ 112,369 $ 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, June 29, 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) $ 230 $ 871 $ 7,587 Air Transport Security Fees 151 202 1,742 Commodity Credit Corporation programs 42 707 6,423 Customs and Certain Excise Taxes 115 3,445 29,479 Deposits by States: Supplemental Security Income 9 590 3,318 Unemployment 20 1,362 44,535 Education Department programs 190 2,349 23,060 Energy Department programs 30 496 5,657 Estate and Gift Taxes 66 952 10,642 Federal Reserve Earnings 0 6,857 60,010 Foreign Deposits, Military Sales 76 2,594 18,309 FTD's Received (Table IV) 9,369 201,087 891,919 GSE MBS Purchase Program Income 0 0 73,166 Housing and Urban Development programs 9 284 2,611 Individual Income and Employment Taxes, Not Withheld 231 47,166 292,745 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 71 299 5,961 Postal Service 282 6,780 66,479 Public Debt Cash Issues (Table III-B) 9,064 500,239 5,870,735 Other Deposits: Deposit Insurance Fund 467 470 4,590 FSA Tobacco Assessments 174 225 710 Federal Housing Admin: Note Sales 80 1,561 12,046 GSE Dividends 4,739 4,739 13,642 Medicare Premiums 118 2,054 18,373 Minerals Management Svc/Collections 308 435 7,758 Thrift Savings Plan Transfer 81 2,164 16,724 Total Other Deposits 5,968 13,427 110,929 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 0 0 702,492 Total Federal Reserve Account 25,925 789,706 8,227,805 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) $ 25,925 $ 789,706 $ 8,225,999 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, June 29, 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 $ 28 $ 421 $ 13,740 Defense Vendor Payments (EFT) 1,743 32,144 280,748 Education Department programs 702 15,283 157,234 Energy Department programs 376 3,054 30,748 Federal Employees Insurance Payments 208 5,541 51,726 Fed. Highway Administration programs 117 4,238 30,070 Federal Salaries (EFT) 336 14,018 131,165 Food and Nutrition Service (misc) 189 8,395 76,564 GSA programs 68 1,859 16,201 Health and Human Services Grants (misc) 676 8,295 74,156 Housing and Urban Development programs 159 6,324 56,275 Interest on Treasury Securities -17 1,467 156,272 Justice Department programs 63 1,186 13,198 Labor Dept. prgms (excl. unemployment) 162 1,339 10,873 Medicaid 946 22,764 184,646 Medicare 20,424 66,108 415,776 NASA programs 0 1,315 11,450 Postal Service Money Orders and Other 327 3,170 30,585 Public Debt Cash Redemp. (Table III-B) 2,069 467,587 4,979,579 Social Security Benefits (EFT) 1/ -4 56,299 488,585 Supple. Nutrition Assist. Program (SNAP) 24 265 3,565 Temporary Assistance for Needy Families (HHS) 27 1,415 12,416 Transportation Security Admin. (DHS) 0 60 563 Unemployment Insurance Benefits 152 6,500 71,707 Veterans Affairs programs 312 3,343 30,839 Other Withdrawals: Agency for Internat'l Development 79 1,239 10,171 Centers for Disease Control 71 426 4,093 Deposit Insurance Fund 205 535 7,691 Federal Aviation Administration 52 698 5,917 Federal Railroad Admin. 93 360 2,170 Federal Transit Admin. 76 917 8,795 GSE Investment 19 19 18,519 International Monetary Fund 237 346 6,116 IRS Tax Refunds Business (EFT) 74 828 17,998 Military Active Duty Pay (EFT) 3,945 10,947 63,084 Military Retirement (EFT) 3,639 7,597 35,334 Pension Benefit Guaranty Corp. 445 479 4,325 State Department 51 719 7,669 Supple. Security Income Benefits (EFT) 3,426 7,063 31,580 TARP 91 396 2,979 Veterans Benefits (EFT) 4,124 8,634 39,187 Unclassified 899 26,248 268,437 Total, Other Withdrawals 17,527 78,264 863,989 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 46,616 810,655 8,192,670 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 0 0 702,492 Total Withdrawals (excluding transfers) $ 46,616 $ 810,655 $ 8,192,670 Net Change in Operating Cash Balance $ -20,691 $ -20,949 $ 33,330 1/Reported as a negative amount due to a return/reversal of $4 million. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, June 29, 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 $ 391,406 $ 3,985,485 Cash Management Series 0 0 50,001 Notes 0 56,742 1,416,307 Bonds 7,000 20,918 159,153 Inflation-Protected Securities Increment 205 2,542 14,793 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 1 51 1,988 Interest Increment 0 501 4,843 Government Account Series 623,551 5,306,525 44,944,343 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 748 13,034 100,516 Other 739 16,630 152,498 Total Issues $ 632,244 $ 5,808,349 $ 50,830,728 (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 $ 400,425 $ 3,916,589 Notes 0 35,370 811,710 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 34 790 7,585 Government Account Series 554,808 5,255,079 44,785,122 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 200 800 State and Local Series 1,291 14,172 90,332 Other 744 16,630 152,561 Total Redemptions $ 556,877 $ 5,722,666 $ 49,764,701 Net Change in Public Debt Outstanding $ 75,367 $ 85,682 $ 1,066,027 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, June 29, 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) $ 632,244 $ 5,808,349 $ 50,830,728 Premium on New Issues 442 1,498 9,580 Discount on New Issues: Bills (-) 0 162 1,172 Bonds and Notes (-) 0 12 5,498 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 623,551 5,306,525 44,944,343 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 501 4,843 Inflation-Protected Securities Increment 71 2,407 13,716 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 9,064 $ 500,239 $ 5,870,735 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 556,877 $ 5,722,666 $ 49,764,701 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 (-) 554,808 5,255,079 44,785,122 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 2,069 $ 467,587 $ 4,979,579 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, June 29, 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 $ 11,044,185 $ 11,036,289 $ 11,006,251 $ 10,127,031 Intragovernmental Holdings 4,812,182 4,744,710 4,764,434 4,663,309 Total Public Debt Outstanding 15,856,367 15,781,000 15,770,685 14,790,340 Less: Debt Not Subject to Limit: Other Debt 486 486 486 487 Unamortized Discount 31,071 31,176 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 $ 15,815,885 $ 15,740,413 $ 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 29, 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 $ 7,032 $ 139,026 $ 1,347,905 Individual Income Taxes 23 3,698 34,744 Railroad Retirement Taxes 25 365 3,345 Excise Taxes 2,231 6,673 55,587 Corporation Income Taxes 75 57,670 204,766 Federal Unemployment Taxes 5 63 6,397 Estate and Gift Taxes & Misc IRS Rcpts. 1 37 450 Change in Balance of Unclassified Taxes 0 0 0 Total $ 9,391 $ 207,531 $ 1,653,193 These Receipts were deposited in: Federal Reserve Account: Directly 979 3,101 28,981 Collector Depositaries 8,390 197,986 862,938 Tax and Loan Accounts 0 0 700,687 Inter-agency Transfers 23 6,443 60,587 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 29, 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 $ 626 $ 2/ 6,280 $ 2/ 308,404 Business 79 2,564 45,749 2/Does not include $112 million offset by FMS for the month of June 2012, and $4,761 million for the fiscal year-to-date for the Treasury Offset Program against Tax Refunds issued. 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.