1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, July 13, 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 $ 60,142 $ 62,635 $ 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 $ 60,142 $ 62,635 $ 91,419 $ 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, July 13, 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) $ 11 $ 453 $ 8,040 Air Transport Security Fees 0 5 1,748 Commodity Credit Corporation programs 32 357 6,780 Customs and Certain Excise Taxes 108 678 30,157 Deposits by States: Supplemental Security Income 4 42 3,360 Unemployment 52 279 44,814 Education Department programs 131 986 24,046 Energy Department programs 16 89 5,746 Estate and Gift Taxes 14 537 11,179 Federal Reserve Earnings 0 3,599 63,610 Foreign Deposits, Military Sales 23 1,879 20,189 FTD's Received (Table IV) 8,739 69,790 961,710 GSE MBS Purchase Program Income 0 0 73,166 Housing and Urban Development programs 1 104 2,715 Individual Income and Employment Taxes, Not Withheld 162 2,835 295,579 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 4 1,800 7,761 Postal Service 279 3,635 70,114 Public Debt Cash Issues (Table III-B) 791 285,703 6,156,438 Other Deposits: Total Other Deposits 0 3,234 114,163 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 0 0 702,492 Total Federal Reserve Account 10,367 376,006 8,603,811 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) $ 10,367 $ 376,006 $ 8,602,006 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, July 13, 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 $ 24 $ 179 $ 13,919 Defense Vendor Payments (EFT) 1,455 11,341 292,089 Education Department programs 1,674 8,168 165,401 Energy Department programs 298 1,327 32,075 Federal Employees Insurance Payments 158 2,542 54,268 Fed. Highway Administration programs 156 1,677 31,747 Federal Salaries (EFT) 188 7,002 138,167 Food and Nutrition Service (misc) 356 4,577 81,141 GSA programs 29 1,019 17,220 Health and Human Services Grants (misc) 409 3,136 77,292 Housing and Urban Development programs 246 3,964 60,238 Interest on Treasury Securities 1 6,759 163,031 Justice Department programs 57 557 13,755 Labor Dept. prgms (excl. unemployment) 41 452 11,324 Medicaid 964 10,188 194,834 Medicare 1,156 12,948 428,724 NASA programs 26 659 12,109 Postal Service Money Orders and Other 115 1,532 32,118 Public Debt Cash Redemp. (Table III-B) 809 264,513 5,244,092 Social Security Benefits (EFT) 32 34,465 523,049 Supple. Nutrition Assist. Program (SNAP) 12 146 3,711 Temporary Assistance for Needy Families (HHS) 13 586 13,001 Transportation Security Admin. (DHS) 1 39 602 Unemployment Insurance Benefits 146 2,978 74,685 Veterans Affairs programs 113 1,347 32,185 Other Withdrawals: Agency for Internat'l Development 57 1,390 11,561 Deposit Insurance Fund 82 251 7,942 Emergency Prep & Response (DHS) 136 352 9,714 Interior 83 440 9,362 Military Active Duty Pay (EFT) 2,853 2,971 66,055 Treasury Department programs 218 350 2,740 Unclassified 952 11,599 280,038 Total, Other Withdrawals 4,381 25,186 889,178 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 12,860 407,284 8,599,954 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 0 0 702,492 Total Withdrawals (excluding transfers) $ 12,860 $ 407,284 $ 8,599,954 Net Change in Operating Cash Balance $ -2,493 $ -31,277 $ 2,052 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, July 13, 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 $ 174,003 $ 4,159,488 Cash Management Series 0 0 50,001 Notes 0 100,009 1,516,316 Bonds 0 0 159,153 Inflation-Protected Securities Increment -30 -202 14,591 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 21 2,009 Interest Increment 1 553 5,396 Government Account Series 229,541 2,117,237 47,061,580 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 54 4,466 104,982 Other 735 7,457 159,955 Total Issues $ 230,302 $ 2,403,544 $ 53,234,272 (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 $ 186,057 $ 4,102,647 Notes 0 57,095 868,805 Bonds 0 0 1 Federal Financing Bank 0 1,330 1,330 Nonmarketable: United States Savings Securities 38 359 7,944 Government Account Series 229,839 2,122,902 46,908,024 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 29 13,538 103,870 Other 743 7,464 160,025 Total Redemptions $ 230,648 $ 2,388,745 $ 52,153,446 Net Change in Public Debt Outstanding $ -345 $ 14,799 $ 1,080,826 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, July 13, 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) $ 230,302 $ 2,403,544 $ 53,234,272 Premium on New Issues 0 0 9,580 Discount on New Issues: Bills (-) 0 58 1,230 Bonds and Notes (-) 0 195 5,694 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 229,541 2,117,237 47,061,580 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 553 5,396 Inflation-Protected Securities Increment -30 -202 13,513 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 791 $ 285,703 $ 6,156,438 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 230,648 $ 2,388,745 $ 52,153,446 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 (-) 229,839 2,122,902 46,908,024 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 809 $ 264,513 $ 5,244,092 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, July 13, 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 $ 11,066,641 $ 11,066,747 $ 11,044,185 $ 10,127,031 Intragovernmental Holdings 4,804,526 4,804,765 4,812,182 4,663,309 Total Public Debt Outstanding 15,871,167 15,871,512 15,856,367 14,790,340 Less: Debt Not Subject to Limit: Other Debt 486 486 486 487 Unamortized Discount 30,982 30,993 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 $ 15,832,094 $ 15,832,428 $ 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 13, 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 $ 5,519 $ 67,890 $ 1,415,796 Individual Income Taxes 28 250 34,995 Railroad Retirement Taxes 16 166 3,510 Excise Taxes 2,039 3,013 58,600 Corporation Income Taxes 1,149 1,818 206,584 Federal Unemployment Taxes 12 51 6,448 Estate and Gift Taxes & Misc IRS Rcpts. 1 15 465 Change in Balance of Unclassified Taxes 0 0 0 Total $ 8,763 $ 73,204 $ 1,726,397 These Receipts were deposited in: Federal Reserve Account: Directly 807 1,233 30,214 Collector Depositaries 7,932 68,558 931,495 Tax and Loan Accounts 0 0 700,687 Inter-agency Transfers 25 3,413 64,001 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 13, 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 $ 565 $ 2,167 $ 310,571 Business 17 1,110 46,860 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.