1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, July 27, 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 $ 29,308 $ 30,768 $ 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 $ 29,308 $ 30,768 $ 91,419 $ 58,090 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, July 27, 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) $ 436 $ 1,180 $ 8,766 Air Transport Security Fees 1 19 1,762 Commodity Credit Corporation programs 35 713 7,137 Customs and Certain Excise Taxes 131 3,273 32,752 Deposits by States: Supplemental Security Income 2 75 3,392 Unemployment 262 4,761 49,296 Education Department programs 91 2,172 25,232 Energy Department programs 25 408 6,065 Estate and Gift Taxes 28 983 11,624 Federal Reserve Earnings 0 6,386 66,397 Foreign Deposits, Military Sales 7 2,087 20,397 FTD's Received (Table IV) 6,872 139,302 1,031,221 GSE MBS Purchase Program Income 0 0 73,166 Housing and Urban Development programs 1 288 2,899 Individual Income and Employment Taxes, Not Withheld 129 5,581 298,326 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 17 1,980 7,941 Postal Service 267 6,628 73,107 Public Debt Cash Issues (Table III-B) 764 564,071 6,434,805 Other Deposits: Pension Benefit Guaranty Corp. 362 480 4,355 Railroad Unemployment Ins. 2 6 186 TARP 450 1,066 32,734 Total Other Deposits 814 8,145 119,074 Change in Balance of Uncollected Funds 0 0 5 Transfers from Depositaries 0 0 702,492 Total Federal Reserve Account 9,881 748,049 8,975,854 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) $ 9,881 $ 748,049 $ 8,974,049 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, July 27, 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 $ 376 $ 14,116 Defense Vendor Payments (EFT) 1,886 31,204 311,952 Education Department programs 808 14,286 171,520 Energy Department programs 235 2,677 33,424 Federal Employees Insurance Payments 159 5,244 56,970 Fed. Highway Administration programs 511 3,687 33,756 Federal Salaries (EFT) 122 13,367 144,532 Food and Nutrition Service (misc) 136 7,825 84,389 GSA programs 67 1,735 17,935 Health and Human Services Grants (misc) 591 6,677 80,833 Housing and Urban Development programs 149 5,543 61,818 Interest on Treasury Securities 1 12,688 168,961 Justice Department programs 50 1,225 14,424 Labor Dept. prgms (excl. unemployment) 127 1,114 11,987 Medicaid 1,126 18,700 203,346 Medicare 1,643 27,718 443,494 NASA programs 129 1,933 13,384 Postal Service Money Orders and Other 132 2,944 33,529 Public Debt Cash Redemp. (Table III-B) 938 542,893 5,522,472 Social Security Benefits (EFT) 38 56,343 544,927 Supple. Nutrition Assist. Program (SNAP) 15 248 3,813 Temporary Assistance for Needy Families (HHS) 72 1,027 13,443 Transportation Security Admin. (DHS) 1 135 698 Unemployment Insurance Benefits 138 6,045 77,753 Veterans Affairs programs 115 2,694 33,533 Other Withdrawals: Agriculture 63 668 7,780 Federal Financing Bank 386 892 9,143 HHS: Indian Health Service 105 440 6,565 Interior 83 909 9,831 Minerals Management Service 172 175 1,842 State Department 54 649 8,318 TARP 176 249 3,228 Treasury Dept: Claims Payments 56 766 2,472 Unclassified 1,043 22,273 290,712 Total, Other Withdrawals 2,139 41,832 905,823 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 11,342 810,161 9,002,831 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 0 0 702,492 Total Withdrawals (excluding transfers) $ 11,342 $ 810,161 $ 9,002,831 Net Change in Operating Cash Balance $ -1,461 $ -62,112 $ -28,782 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, July 27, 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 $ 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 -30 -612 14,182 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 44 2,032 Interest Increment 1 559 5,402 Government Account Series 252,715 4,650,720 49,595,063 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 19 8,135 108,651 Other 743 15,648 168,146 Total Issues $ 253,450 $ 5,213,514 $ 56,044,241 (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 $ 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 43 749 8,334 Government Account Series 253,694 4,647,284 49,432,405 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 800 State and Local Series 149 15,957 106,290 Other 745 15,642 168,203 Total Redemptions $ 254,631 $ 5,191,506 $ 54,956,207 Net Change in Public Debt Outstanding $ -1,182 $ 22,007 $ 1,088,034 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, July 27, 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) $ 253,450 $ 5,213,514 $ 56,044,241 Premium on New Issues 0 1,688 11,268 Discount on New Issues: Bills (-) 0 158 1,330 Bonds and Notes (-) 0 306 5,804 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 252,715 4,650,720 49,595,063 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 559 5,402 Inflation-Protected Securities Increment -30 -612 13,104 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 764 $ 564,071 $ 6,434,805 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 254,631 $ 5,191,506 $ 54,956,207 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 (-) 253,694 4,647,284 49,432,405 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 938 $ 542,893 $ 5,522,472 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, July 27, 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 $ 11,065,716 $ 11,065,908 $ 11,044,185 $ 10,127,031 Intragovernmental Holdings 4,812,658 4,813,648 4,812,182 4,663,309 Total Public Debt Outstanding 15,878,374 15,879,556 15,856,367 14,790,340 Less: Debt Not Subject to Limit: Other Debt 486 486 486 487 Unamortized Discount 30,920 30,932 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 $ 15,839,363 $ 15,840,533 $ 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 27, 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 $ 4,694 $ 129,359 $ 1,477,265 Individual Income Taxes 21 532 35,277 Railroad Retirement Taxes 11 345 3,690 Excise Taxes 2,069 6,166 61,753 Corporation Income Taxes 61 8,508 213,274 Federal Unemployment Taxes 27 164 6,560 Estate and Gift Taxes & Misc IRS Rcpts. 1 35 486 Change in Balance of Unclassified Taxes 0 0 0 Total $ 6,884 $ 145,110 $ 1,798,304 These Receipts were deposited in: Federal Reserve Account: Directly 848 2,629 31,611 Collector Depositaries 6,024 136,673 999,610 Tax and Loan Accounts 0 0 700,687 Inter-agency Transfers 12 5,808 66,396 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 27, 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 $ 506 $ 4,055 $ 312,459 Business 63 2,481 48,230 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.