1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, July 26, 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 $ 30,768 $ 38,258 $ 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 $ 30,768 $ 38,258 $ 91,419 $ 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, July 26, 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) $ 16 $ 744 $ 8,330 Air Transport Security Fees 5 18 1,761 Commodity Credit Corporation programs 21 678 7,101 Customs and Certain Excise Taxes 77 3,142 32,621 Deposits by States: Supplemental Security Income 3 73 3,391 Unemployment 185 4,499 49,034 Education Department programs 73 2,081 25,141 Energy Department programs 63 383 6,040 Estate and Gift Taxes 72 955 11,597 Federal Reserve Earnings 0 6,386 66,397 Foreign Deposits, Military Sales 28 2,080 20,389 FTD's Received (Table IV) 2,420 132,430 1,024,349 GSE MBS Purchase Program Income 0 0 73,166 Housing and Urban Development programs 39 287 2,898 Individual Income and Employment Taxes, Not Withheld 183 5,451 298,196 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 8 1,963 7,924 Postal Service 271 6,361 72,840 Public Debt Cash Issues (Table III-B) 113,520 563,307 6,434,041 Other Deposits: Deposit Insurance Fund 561 639 5,228 Federal Employees Insurance Receipt 89 375 2,600 Gas and Oil Lease Sales Proceeds 120 175 833 Medicare Premiums 54 1,928 20,302 Total Other Deposits 824 7,331 118,261 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 0 0 702,492 Total Federal Reserve Account 117,807 738,168 8,965,973 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) $ 117,807 $ 738,168 $ 8,964,168 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, July 26, 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 $ 14 $ 363 $ 14,103 Defense Vendor Payments (EFT) 2,326 29,319 310,067 Education Department programs 821 13,478 170,712 Energy Department programs 145 2,442 33,190 Federal Employees Insurance Payments 503 5,085 56,811 Fed. Highway Administration programs 173 3,175 33,245 Federal Salaries (EFT) 802 13,245 144,410 Food and Nutrition Service (misc) 159 7,689 84,252 GSA programs 103 1,668 17,869 Health and Human Services Grants (misc) 463 6,086 80,242 Housing and Urban Development programs 132 5,394 61,668 Interest on Treasury Securities 1 12,687 168,959 Justice Department programs 86 1,175 14,374 Labor Dept. prgms (excl. unemployment) 59 987 11,859 Medicaid 1,037 17,574 202,220 Medicare 1,594 26,075 441,851 NASA programs 120 1,805 13,255 Postal Service Money Orders and Other 174 2,811 33,396 Public Debt Cash Redemp. (Table III-B) 114,500 541,955 5,521,534 Social Security Benefits (EFT) 40 56,308 544,892 Supple. Nutrition Assist. Program (SNAP) 19 233 3,798 Temporary Assistance for Needy Families (HHS) 33 955 13,371 Transportation Security Admin. (DHS) 1 134 697 Unemployment Insurance Benefits 242 5,907 77,615 Veterans Affairs programs 95 2,580 33,418 Other Withdrawals: Emergency Prep & Response (DHS) 84 741 10,102 Federal Aviation Administration 75 635 6,552 Federal Financing Bank 181 507 8,757 IRS Tax Refunds Business (EFT) 58 1,122 19,120 Thrift Savings Plan Transfer 171 1,717 20,889 Unclassified 1,085 21,227 289,666 Total, Other Withdrawals 1,655 39,690 903,682 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 125,297 798,819 8,991,489 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 0 0 702,492 Total Withdrawals (excluding transfers) $ 125,297 $ 798,819 $ 8,991,489 Net Change in Operating Cash Balance $ -7,490 $ -60,651 $ -27,321 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, July 26, 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 $ 112,000 $ 373,009 $ 4,358,493 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 -582 14,211 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 1 42 2,029 Interest Increment 0 558 5,401 Government Account Series 272,391 4,398,005 49,342,349 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 381 8,117 108,633 Other 1,210 14,906 167,403 Total Issues $ 385,955 $ 4,960,064 $ 55,790,791 (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 $ 112,941 $ 388,418 $ 4,305,007 Notes 0 122,127 933,837 Bonds 0 0 1 Federal Financing Bank 0 1,330 1,330 Nonmarketable: United States Savings Securities 32 706 8,291 Government Account Series 266,758 4,393,590 49,178,711 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 329 15,808 106,140 Other 1,198 14,897 167,458 Total Redemptions $ 381,258 $ 4,936,875 $ 54,701,575 Net Change in Public Debt Outstanding $ 4,697 $ 23,189 $ 1,089,216 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, July 26, 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) $ 385,955 $ 4,960,064 $ 55,790,791 Premium on New Issues 0 1,688 11,268 Discount on New Issues: Bills (-) 72 158 1,330 Bonds and Notes (-) 0 306 5,804 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 272,391 4,398,005 49,342,349 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 558 5,401 Inflation-Protected Securities Increment -29 -582 13,133 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 113,520 $ 563,307 $ 6,434,041 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 381,258 $ 4,936,875 $ 54,701,575 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 (-) 266,758 4,393,590 49,178,711 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 114,500 $ 541,955 $ 5,521,534 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, July 26, 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 $ 11,065,908 $ 11,067,063 $ 11,044,185 $ 10,127,031 Intragovernmental Holdings 4,813,648 4,807,797 4,812,182 4,663,309 Total Public Debt Outstanding 15,879,556 15,874,859 15,856,367 14,790,340 Less: Debt Not Subject to Limit: Other Debt 486 486 486 487 Unamortized Discount 30,932 30,871 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 $ 15,840,533 $ 15,835,897 $ 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 26, 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 $ 2,046 $ 124,665 $ 1,472,571 Individual Income Taxes 17 511 35,256 Railroad Retirement Taxes 10 334 3,679 Excise Taxes 305 4,098 59,684 Corporation Income Taxes 38 8,448 213,214 Federal Unemployment Taxes 12 137 6,533 Estate and Gift Taxes & Misc IRS Rcpts. 1 34 484 Change in Balance of Unclassified Taxes 0 0 0 Total $ 2,429 $ 138,226 $ 1,791,420 These Receipts were deposited in: Federal Reserve Account: Directly 84 1,781 30,762 Collector Depositaries 2,336 130,649 993,587 Tax and Loan Accounts 0 0 700,687 Inter-agency Transfers 9 5,796 66,384 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 26, 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 $ 50 $ 3,551 $ 311,955 Business 123 2,442 48,192 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.