1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, July 6, 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 $ 87,967 $ 93,693 $ 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 $ 87,967 $ 93,693 $ 91,419 $ 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, July 6, 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) $ 18 $ 349 $ 7,936 Air Transport Security Fees 0 4 1,747 Commodity Credit Corporation programs 24 214 6,637 Customs and Certain Excise Taxes 54 271 29,750 Deposits by States: Supplemental Security Income 4 17 3,334 Unemployment 27 82 44,616 Education Department programs 89 413 23,474 Energy Department programs 5 44 5,701 Estate and Gift Taxes 66 308 10,949 Federal Reserve Earnings 0 1,238 61,249 Foreign Deposits, Military Sales 6 1,658 19,967 FTD's Received (Table IV) 5,273 39,550 931,469 GSE MBS Purchase Program Income 0 0 73,166 Housing and Urban Development programs 14 64 2,676 Individual Income and Employment Taxes, Not Withheld 207 1,452 294,196 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 11 222 6,183 Postal Service 388 1,555 68,034 Public Debt Cash Issues (Table III-B) 824 191,853 6,062,588 Other Deposits: Federal Housing Admin: Note Sales 330 570 12,617 Interior: Bureau of Land Management 160 162 993 Thrift Savings Plan Transfer 66 500 17,224 Total Other Deposits 555 2,650 113,580 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 0 0 702,492 Total Federal Reserve Account 7,565 241,945 8,469,750 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) $ 7,565 $ 241,945 $ 8,467,944 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, July 6, 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 $ 30 $ 94 $ 13,834 Defense Vendor Payments (EFT) 1,247 5,368 286,116 Education Department programs 1,291 3,356 160,590 Energy Department programs 135 512 31,260 Federal Employees Insurance Payments 219 998 52,723 Fed. Highway Administration programs 181 829 30,898 Federal Salaries (EFT) 3,043 3,917 135,082 Food and Nutrition Service (misc) 375 1,807 78,371 GSA programs 132 703 16,904 Health and Human Services Grants (misc) 375 1,384 75,540 Housing and Urban Development programs 162 3,099 59,374 Interest on Treasury Securities 1 6,753 163,026 Justice Department programs 65 279 13,478 Labor Dept. prgms (excl. unemployment) 54 237 11,110 Medicaid 826 3,714 188,360 Medicare 1,741 6,302 422,078 NASA programs 64 454 11,904 Postal Service Money Orders and Other 181 674 31,259 Public Debt Cash Redemp. (Table III-B) 830 165,536 5,145,115 Social Security Benefits (EFT) 30 23,467 512,051 Supple. Nutrition Assist. Program (SNAP) 5 42 3,607 Temporary Assistance for Needy Families (HHS) 26 215 12,631 Transportation Security Admin. (DHS) 1 34 597 Unemployment Insurance Benefits 203 1,366 73,073 Veterans Affairs programs 201 656 31,494 Other Withdrawals: Interior 73 190 9,112 Thrift Savings Plan Transfer 122 224 19,396 Veterans Benefits (EFT) 71 106 39,293 Unclassified 1,608 6,243 274,682 Total, Other Withdrawals 1,874 13,600 877,592 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 13,291 245,397 8,438,067 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 0 0 702,492 Total Withdrawals (excluding transfers) $ 13,291 $ 245,397 $ 8,438,067 Net Change in Operating Cash Balance $ -5,726 $ -3,452 $ 29,878 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, July 6, 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 $ -1 $ 87,000 $ 4,072,485 Cash Management Series 0 0 50,001 Notes 0 100,010 1,516,317 Bonds 0 0 159,153 Inflation-Protected Securities Increment -30 10 14,804 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 11 1,998 Interest Increment 0 550 5,393 Government Account Series 233,539 954,074 45,898,417 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 83 1,697 102,213 Other 741 3,360 155,858 Total Issues $ 234,333 $ 1,146,713 $ 51,977,440 (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 $ 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 35 161 7,746 Government Account Series 230,626 956,686 45,741,808 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 53 13,145 103,477 Other 742 3,354 155,915 Total Redemptions $ 231,456 $ 1,123,551 $ 50,888,252 Net Change in Public Debt Outstanding $ 2,876 $ 23,161 $ 1,089,188 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, July 6, 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) $ 234,333 $ 1,146,713 $ 51,977,440 Premium on New Issues 0 0 9,580 Discount on New Issues: Bills (-) 0 30 1,202 Bonds and Notes (-) 0 195 5,694 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 233,539 954,074 45,898,417 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 550 5,393 Inflation-Protected Securities Increment -30 10 13,726 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 824 $ 191,853 $ 6,062,588 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 231,456 $ 1,123,551 $ 50,888,252 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 (-) 230,626 956,686 45,741,808 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 830 $ 165,536 $ 5,145,115 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, July 6, 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 $ 11,072,438 $ 11,072,382 $ 11,044,185 $ 10,127,031 Intragovernmental Holdings 4,807,091 4,804,270 4,812,182 4,663,309 Total Public Debt Outstanding 15,879,529 15,876,652 15,856,367 14,790,340 Less: Debt Not Subject to Limit: Other Debt 486 486 486 487 Unamortized Discount 31,033 31,045 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 $ 15,840,404 $ 15,837,517 $ 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 Friday, July 6, 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 $ 5,776 $ 41,023 $ 1,388,928 Individual Income Taxes 80 187 34,931 Railroad Retirement Taxes 16 65 3,409 Excise Taxes 19 54 55,641 Corporation Income Taxes 35 258 205,025 Federal Unemployment Taxes 5 20 6,417 Estate and Gift Taxes & Misc IRS Rcpts. 2 6 456 Change in Balance of Unclassified Taxes 0 0 0 Total $ 5,933 $ 41,613 $ 1,694,806 These Receipts were deposited in: Federal Reserve Account: Directly 36 214 29,196 Collector Depositaries 5,237 39,335 902,273 Tax and Loan Accounts 0 0 700,687 Inter-agency Transfers 660 2,063 62,650 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, July 6, 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 $ 60 $ 594 $ 308,998 Business 33 429 46,178 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.