1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, July 17, 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 $ 67,054 $ 72,364 $ 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 $ 67,054 $ 72,364 $ 91,419 $ 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, July 17, 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) $ 55 $ 553 $ 8,139 Air Transport Security Fees 0 8 1,750 Commodity Credit Corporation programs 34 421 6,844 Customs and Certain Excise Taxes 81 832 30,312 Deposits by States: Supplemental Security Income 5 50 3,368 Unemployment 73 405 44,939 Education Department programs 177 1,322 24,382 Energy Department programs 16 145 5,802 Estate and Gift Taxes 89 642 11,283 Federal Reserve Earnings 0 3,599 63,610 Foreign Deposits, Military Sales 11 1,898 20,207 FTD's Received (Table IV) 2,130 96,639 988,558 GSE MBS Purchase Program Income 0 0 73,166 Housing and Urban Development programs 1 107 2,718 Individual Income and Employment Taxes, Not Withheld 276 3,409 296,154 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 10 1,848 7,809 Postal Service 365 4,328 70,807 Public Debt Cash Issues (Table III-B) 1,095 355,488 6,226,223 Other Deposits: TARP 7 558 32,227 Thrift Savings Plan Transfer 132 695 17,419 Total Other Deposits 140 3,922 114,852 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 0 0 702,492 Total Federal Reserve Account 4,558 475,616 8,703,421 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) $ 4,558 $ 475,616 $ 8,701,616 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, July 17, 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 $ 13 $ 207 $ 13,946 Defense Vendor Payments (EFT) 2,743 15,585 296,333 Education Department programs 355 9,055 166,288 Energy Department programs 70 1,533 32,281 Federal Employees Insurance Payments 247 3,025 54,751 Fed. Highway Administration programs 203 1,957 32,027 Federal Salaries (EFT) 87 7,145 138,310 Food and Nutrition Service (misc) 323 5,824 82,387 GSA programs 66 1,127 17,328 Health and Human Services Grants (misc) 414 3,796 77,952 Housing and Urban Development programs 145 4,257 60,531 Interest on Treasury Securities 1 12,680 168,952 Justice Department programs 97 750 13,949 Labor Dept. prgms (excl. unemployment) 41 528 11,400 Medicaid 758 11,987 196,633 Medicare 1,124 15,489 431,265 NASA programs 74 797 12,247 Postal Service Money Orders and Other 115 1,806 32,391 Public Debt Cash Redemp. (Table III-B) 779 332,660 5,312,239 Social Security Benefits (EFT) 36 34,537 523,121 Supple. Nutrition Assist. Program (SNAP) 7 164 3,729 Temporary Assistance for Needy Families (HHS) 138 800 13,215 Transportation Security Admin. (DHS) 11 51 614 Unemployment Insurance Benefits 518 3,759 75,467 Veterans Affairs programs 119 1,684 32,522 Other Withdrawals: Federal Financing Bank 69 264 8,515 IRS Tax Refunds Business (EFT) 214 886 18,884 Maritime Administration 114 128 798 State Department 57 396 8,065 Treasury Department programs 1/ -105 245 2,635 Unclassified 1,035 13,829 282,268 Total, Other Withdrawals 1,383 28,780 892,772 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 9,868 499,982 8,692,652 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 0 0 702,492 Total Withdrawals (excluding transfers) $ 9,868 $ 499,982 $ 8,692,652 Net Change in Operating Cash Balance $ -5,310 $ -24,365 $ 8,964 1/Reported as a negative amount due to a return/reversal of $105 million. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, July 17, 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 0 153,010 1,569,317 Bonds 0 13,000 172,153 Inflation-Protected Securities Increment -29 -321 14,472 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 27 2,015 Interest Increment 1 554 5,397 Government Account Series 256,296 2,626,074 47,570,417 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 364 5,201 105,717 Other 729 8,923 161,421 Total Issues $ 257,363 $ 2,980,471 $ 53,811,199 (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 0 122,127 933,837 Bonds 0 0 1 Federal Financing Bank 0 1,330 1,330 Nonmarketable: United States Savings Securities 48 444 8,029 Government Account Series 248,163 2,618,693 47,403,814 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 0 15,103 105,436 Other 731 8,929 161,490 Total Redemptions $ 248,942 $ 2,952,683 $ 52,717,383 Net Change in Public Debt Outstanding $ 8,421 $ 27,789 $ 1,093,816 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, July 17, 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) $ 257,363 $ 2,980,471 $ 53,811,199 Premium on New Issues 0 1,688 11,268 Discount on New Issues: Bills (-) 0 58 1,230 Bonds and Notes (-) 0 306 5,804 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 256,296 2,626,074 47,570,417 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 554 5,397 Inflation-Protected Securities Increment -29 -321 13,395 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,095 $ 355,488 $ 6,226,223 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 248,942 $ 2,952,683 $ 52,717,383 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 (-) 248,163 2,618,693 47,403,814 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 779 $ 332,660 $ 5,312,239 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, July 17, 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 $ 11,066,616 $ 11,066,238 $ 11,044,185 $ 10,127,031 Intragovernmental Holdings 4,817,540 4,809,497 4,812,182 4,663,309 Total Public Debt Outstanding 15,884,156 15,875,735 15,856,367 14,790,340 Less: Debt Not Subject to Limit: Other Debt 486 486 486 487 Unamortized Discount 30,936 30,947 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 $ 15,845,129 $ 15,836,696 $ 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 Tuesday, July 17, 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 $ 2,034 $ 88,836 $ 1,436,741 Individual Income Taxes 29 341 35,085 Railroad Retirement Taxes 0 228 3,573 Excise Taxes 22 3,109 58,695 Corporation Income Taxes 58 8,149 212,915 Federal Unemployment Taxes 5 69 6,465 Estate and Gift Taxes & Misc IRS Rcpts. 0 21 471 Change in Balance of Unclassified Taxes 0 0 0 Total $ 2,148 $ 100,752 $ 1,753,945 These Receipts were deposited in: Federal Reserve Account: Directly 61 1,334 30,315 Collector Depositaries 2,068 95,305 958,242 Tax and Loan Accounts 0 0 700,687 Inter-agency Transfers 19 4,113 64,701 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 Tuesday, July 17, 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 $ 43 $ 2,279 $ 310,682 Business 491 1,800 47,549 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.