1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, July 19, 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 $ 50,820 $ 58,670 $ 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 $ 50,820 $ 58,670 $ 91,419 $ 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, July 19, 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) $ 24 $ 584 $ 8,171 Air Transport Security Fees 0 9 1,751 Commodity Credit Corporation programs 30 492 6,915 Customs and Certain Excise Taxes 94 1,016 30,496 Deposits by States: Supplemental Security Income 5 59 3,377 Unemployment 87 573 45,108 Education Department programs 84 1,475 24,535 Energy Department programs 10 164 5,820 Estate and Gift Taxes 50 720 11,362 Federal Reserve Earnings 0 4,632 64,642 Foreign Deposits, Military Sales 12 1,912 20,221 FTD's Received (Table IV) 1,626 105,500 997,419 GSE MBS Purchase Program Income 0 0 73,166 Housing and Urban Development programs 1 109 2,720 Individual Income and Employment Taxes, Not Withheld 190 4,141 296,886 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 8 1,884 7,845 Postal Service 270 4,872 71,351 Public Debt Cash Issues (Table III-B) 89,346 445,975 6,316,710 Other Deposits: Railroad Unemployment Ins. 1 3 183 TARP 4 576 32,245 Thrift Savings Plan Transfer 141 840 17,564 Total Other Deposits 146 4,161 115,090 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 0 0 702,492 Total Federal Reserve Account 91,983 578,277 8,806,082 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) $ 91,983 $ 578,277 $ 8,804,277 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, July 19, 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 $ 60 $ 287 $ 14,027 Defense Vendor Payments (EFT) 1,858 18,840 299,588 Education Department programs 393 9,959 167,193 Energy Department programs 117 1,741 32,489 Federal Employees Insurance Payments 327 3,390 55,116 Fed. Highway Administration programs 235 2,302 32,372 Federal Salaries (EFT) 112 7,349 138,514 Food and Nutrition Service (misc) 238 6,362 82,926 GSA programs 112 1,337 17,538 Health and Human Services Grants (misc) 316 4,437 78,593 Housing and Urban Development programs 202 4,627 60,902 Interest on Treasury Securities 1 12,682 168,954 Justice Department programs 60 881 14,080 Labor Dept. prgms (excl. unemployment) 52 706 11,579 Medicaid 1,696 14,409 199,055 Medicare 931 17,800 433,576 NASA programs 99 947 12,397 Postal Service Money Orders and Other 100 1,998 32,583 Public Debt Cash Redemp. (Table III-B) 90,611 424,044 5,403,623 Social Security Benefits (EFT) 37 45,261 533,845 Supple. Nutrition Assist. Program (SNAP) 12 187 3,752 Temporary Assistance for Needy Families (HHS) 20 848 13,264 Transportation Security Admin. (DHS) 1 88 651 Unemployment Insurance Benefits 231 4,377 76,085 Veterans Affairs programs 115 1,920 32,758 Other Withdrawals: Agency for Internat'l Development 167 1,659 11,830 Environmental Protection Agency 50 400 6,175 Federal Transit Admin. 75 446 9,240 Treasury Dept: Claims Payments 373 704 2,410 Unclassified 1,233 16,135 284,574 Total, Other Withdrawals 1,898 32,098 896,089 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 99,833 618,877 8,811,546 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 0 0 702,492 Total Withdrawals (excluding transfers) $ 99,833 $ 618,877 $ 8,811,546 Net Change in Operating Cash Balance $ -7,850 $ -40,599 $ -7,270 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, July 19, 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 $ 87,010 $ 261,013 $ 4,246,497 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 -379 14,414 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 31 2,019 Interest Increment 1 556 5,399 Government Account Series 252,125 3,126,767 48,071,110 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 1,241 6,853 107,369 Other 1,121 10,772 163,269 Total Issues $ 341,469 $ 3,571,622 $ 54,402,349 (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 $ 89,420 $ 275,477 $ 4,192,066 Notes 0 122,127 933,837 Bonds 0 0 1 Federal Financing Bank 0 1,330 1,330 Nonmarketable: United States Savings Securities 36 516 8,101 Government Account Series 250,539 3,128,250 47,913,371 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 41 15,152 105,484 Other 1,115 10,773 163,334 Total Redemptions $ 341,150 $ 3,553,624 $ 53,318,324 Net Change in Public Debt Outstanding $ 319 $ 17,998 $ 1,084,025 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, July 19, 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) $ 341,469 $ 3,571,622 $ 54,402,349 Premium on New Issues 0 1,688 11,268 Discount on New Issues: Bills (-) 27 85 1,258 Bonds and Notes (-) 0 306 5,804 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 252,125 3,126,767 48,071,110 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 556 5,399 Inflation-Protected Securities Increment -29 -379 13,337 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 89,346 $ 445,975 $ 6,316,710 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 341,150 $ 3,553,624 $ 53,318,324 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 (-) 250,539 3,128,250 47,913,371 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 90,611 $ 424,044 $ 5,403,623 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, July 19, 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 $ 11,065,796 $ 11,066,989 $ 11,044,185 $ 10,127,031 Intragovernmental Holdings 4,808,569 4,807,058 4,812,182 4,663,309 Total Public Debt Outstanding 15,874,365 15,874,047 15,856,367 14,790,340 Less: Debt Not Subject to Limit: Other Debt 486 486 486 487 Unamortized Discount 30,940 30,924 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 $ 15,835,334 $ 15,835,031 $ 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 19, 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 $ 1,542 $ 97,496 $ 1,445,401 Individual Income Taxes 18 388 35,132 Railroad Retirement Taxes 1 232 3,577 Excise Taxes 13 3,139 58,726 Corporation Income Taxes 49 8,272 213,038 Federal Unemployment Taxes 7 83 6,479 Estate and Gift Taxes & Misc IRS Rcpts. 0 24 474 Change in Balance of Unclassified Taxes 0 0 0 Total $ 1,631 $ 109,634 $ 1,762,827 These Receipts were deposited in: Federal Reserve Account: Directly 40 1,444 30,425 Collector Depositaries 1,586 104,056 966,994 Tax and Loan Accounts 0 0 700,687 Inter-agency Transfers 5 4,134 64,722 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 19, 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 $ 53 $ 2,636 $ 311,040 Business 48 1,901 47,650 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.