1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, July 5, 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 $ 93,693 $ 97,508 $ 91,419 $ 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 $ 93,693 $ 97,508 $ 91,419 $ 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, July 5, 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 $ 332 $ 7,918 Air Transport Security Fees 0 4 1,746 Commodity Credit Corporation programs 29 190 6,613 Customs and Certain Excise Taxes 63 217 29,696 Deposits by States: Supplemental Security Income 4 13 3,331 Unemployment 29 55 44,589 Education Department programs 91 325 23,385 Energy Department programs 11 39 5,696 Estate and Gift Taxes 60 241 10,883 Federal Reserve Earnings 1,238 1,238 61,249 Foreign Deposits, Military Sales 8 1,652 19,961 FTD's Received (Table IV) 8,701 34,277 926,196 GSE MBS Purchase Program Income 0 0 73,166 Housing and Urban Development programs 44 50 2,662 Individual Income and Employment Taxes, Not Withheld 574 1,248 293,993 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 173 212 6,173 Postal Service 386 1,167 67,646 Public Debt Cash Issues (Table III-B) 88,357 191,029 6,061,764 Other Deposits: Commodity Futures Trading Commission 200 200 259 Federal Housing Admin: Note Sales 101 241 12,287 Medicare Premiums 120 246 18,620 Thrift Savings Plan Transfer 59 434 17,159 Total Other Deposits 480 2,095 113,025 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 0 0 702,492 Total Federal Reserve Account 100,282 234,384 8,462,189 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) $ 100,282 $ 234,384 $ 8,460,383 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, July 5, 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 $ 23 $ 64 $ 13,804 Defense Vendor Payments (EFT) 1,454 4,121 284,869 Education Department programs 553 2,065 159,299 Energy Department programs 173 377 31,125 Federal Employees Insurance Payments 300 778 52,504 Fed. Highway Administration programs 295 648 30,717 Federal Salaries (EFT) 110 874 132,039 Food and Nutrition Service (misc) 721 1,433 77,996 GSA programs 53 572 16,772 Health and Human Services Grants (misc) 320 1,008 75,164 Housing and Urban Development programs 228 2,937 59,212 Interest on Treasury Securities 1 6,753 163,025 Justice Department programs 92 214 13,413 Labor Dept. prgms (excl. unemployment) 83 183 11,056 Medicaid 1,857 2,888 187,534 Medicare 1,830 4,561 420,337 NASA programs 118 390 11,840 Postal Service Money Orders and Other 151 493 31,078 Public Debt Cash Redemp. (Table III-B) 92,922 164,705 5,144,284 Social Security Benefits (EFT) 44 23,440 512,024 Supple. Nutrition Assist. Program (SNAP) 23 36 3,602 Temporary Assistance for Needy Families (HHS) 77 189 12,605 Transportation Security Admin. (DHS) 32 33 596 Unemployment Insurance Benefits 429 1,163 72,871 Veterans Affairs programs 110 455 31,293 Other Withdrawals: IRS Tax Refunds Individual (EFT) 354 433 236,770 Treasury Dept: Claims Payments 85 98 1,804 Unclassified 1,660 4,636 273,075 Total, Other Withdrawals 2,098 11,728 875,719 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 104,097 232,110 8,424,779 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 0 0 702,492 Total Withdrawals (excluding transfers) $ 104,097 $ 232,110 $ 8,424,779 Net Change in Operating Cash Balance $ -3,815 $ 2,274 $ 35,604 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, July 5, 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 $ 87,002 $ 87,002 $ 4,072,486 Cash Management Series 0 0 50,001 Notes 0 100,010 1,516,317 Bonds 0 0 159,153 Inflation-Protected Securities Increment -59 41 14,834 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 9 1,997 Interest Increment 1 550 5,393 Government Account Series 233,187 720,535 45,664,879 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 301 1,614 102,130 Other 1,081 2,619 155,117 Total Issues $ 321,515 $ 912,380 $ 51,743,108 (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 $ 91,782 $ 91,782 $ 4,008,371 Notes 0 57,095 868,805 Bonds 0 0 1 Federal Financing Bank 0 1,330 1,330 Nonmarketable: United States Savings Securities 37 125 7,710 Government Account Series 232,927 726,060 45,511,181 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 30 13,092 103,424 Other 1,074 2,612 155,173 Total Redemptions $ 325,849 $ 892,095 $ 50,656,796 Net Change in Public Debt Outstanding $ -4,334 $ 20,285 $ 1,086,312 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, July 5, 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) $ 321,515 $ 912,380 $ 51,743,108 Premium on New Issues 0 0 9,580 Discount on New Issues: Bills (-) 30 30 1,202 Bonds and Notes (-) 0 195 5,694 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 233,187 720,535 45,664,879 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 550 5,393 Inflation-Protected Securities Increment -59 41 13,756 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 88,357 $ 191,029 $ 6,061,764 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 325,849 $ 892,095 $ 50,656,796 Premium on Debt Buyback Operation 0 0 0 Discount on Debt Buyback Operation (-) 0 0 0 Federal Financing Bank (-) 0 1,330 1,330 Government Account Transactions (-) 232,927 726,060 45,511,181 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 92,922 $ 164,705 $ 5,144,284 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, July 5, 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 $ 11,072,382 $ 11,076,314 $ 11,044,185 $ 10,127,031 Intragovernmental Holdings 4,804,270 4,804,672 4,812,182 4,663,309 Total Public Debt Outstanding 15,876,652 15,880,986 15,856,367 14,790,340 Less: Debt Not Subject to Limit: Other Debt 486 486 486 487 Unamortized Discount 31,045 31,037 31,071 34,376 Federal Financing Bank 7,112 7,112 8,441 8,441 Hope Bonds 493 493 493 493 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 0 0 10 10 Total Public Debt Subject to Limit $ 15,837,517 $ 15,841,858 $ 15,815,885 $ 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, July 5, 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 $ 8,596 $ 35,246 $ 1,383,152 Individual Income Taxes 33 106 34,851 Railroad Retirement Taxes 2 48 3,393 Excise Taxes 13 35 55,621 Corporation Income Taxes 57 224 204,990 Federal Unemployment Taxes 5 16 6,412 Estate and Gift Taxes & Misc IRS Rcpts. 2 4 454 Change in Balance of Unclassified Taxes 0 0 0 Total $ 8,707 $ 35,679 $ 1,688,873 These Receipts were deposited in: Federal Reserve Account: Directly 60 179 29,160 Collector Depositaries 8,641 34,098 897,036 Tax and Loan Accounts 0 0 700,687 Inter-agency Transfers 6 1,403 61,990 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, July 5, 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 $ 390 $ 537 $ 308,941 Business 24 395 46,145 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.