1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, November 20, 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 $ 23,412 $ 28,306 $ 99,966 $ 85,446 Supplementary Financing Program 0 0 0 0 Account Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 23,412 $ 28,306 $ 99,966 $ 85,446 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, November 20, 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) $ 38 $ 328 $ 1,152 Air Transport Security Fees 1 10 202 Cash FTD's Received (Table IV) 2,456 99,608 262,536 Commodity Credit Corporation programs 32 367 870 Customs and Certain Excise Taxes 89 972 4,638 Deposits by States: Supplemental Security Income 3 39 411 Unemployment 94 4,582 6,827 Education Department programs 288 1,894 4,866 Energy Department programs 24 139 881 Estate and Gift Taxes 31 1/ 169 1/ 1,017 Federal Reserve Earnings 0 2,835 11,064 Foreign Deposits, Military Sales 17 2,072 3,768 Housing and Urban Development programs 1 114 445 Individual Income and Employment Taxes, Not Withheld 295 2/ 2,055 2/ 15,748 Interest recd from cash investments 0 0 0 Justice Department programs 30 206 1,258 Postal Service 440 5,147 13,273 Public Debt Cash Issues (Table III-B) 2,081 449,635 1,176,196 Other Deposits: Deposit Insurance Fund 463 915 996 Federal Housing Admin: Note Sales 50 1,362 3,051 Medicare Premiums 310 1,366 3,429 TARP 195 2,268 4,783 Total Other Deposits 1,018 8,125 21,442 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 6,937 578,297 1,526,593 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) 6,937 578,297 1,526,593 1/Includes a $118 million reclassification from the Unclassified. 2/Includes a $112 million reclassification from the Unclassified. 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, November 20, 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 $ 138 $ 1,505 $ 7,922 Defense Vendor Payments (EFT) 1,778 18,835 49,186 Education Department programs 618 7,296 24,014 Energy Department programs 146 1,704 4,979 Federal Employees Insurance Payments 276 3,679 9,812 Fed. Highway Administration programs 111 2,323 6,887 Federal Salaries (EFT) 136 8,100 23,367 Food and Nutrition Service (misc) 497 6,548 15,373 GSA programs 43 1,216 3,009 Health and Human Services Grants (misc) 381 4,781 12,522 Housing and Urban Development programs 204 5,423 11,477 Interest on Treasury Securities 1 30,074 44,638 IRS Tax Refunds Business (EFT) 172 1,383 5,320 IRS Tax Refunds Individual (EFT) 35 920 5,332 Justice Department programs 71 1,149 2,416 Labor Dept. prgms (excl. unemployment) 38 777 1,967 Medicaid 961 14,168 36,702 Medicare 1,708 34,610 83,282 NASA programs 132 892 2,297 Postal Service Money Orders and Other 114 2,054 5,677 Public Debt Cash Redemp. (Table III-B) 851 412,831 1,002,083 Social Security Benefits (EFT) 1 35,194 92,143 Supple. Nutrition Assist. Program (SNAP) 31 252 636 Temporary Assistance for Needy Families (HHS) 134 813 2,535 Transportation Security Admin. (DHS) 1 10 147 Unemployment Insurance Benefits 468 3,755 10,014 Veterans Affairs programs 168 2,642 6,939 Other Withdrawals: Agency for Internat'l Development 70 765 1,938 Emergency Prep & Response (DHS) 97 1,204 2,323 Federal Crop Ins. Corp. 154 2,051 4,807 Federal Financing Bank 78 641 1,273 Federal Transit Admin. 61 600 1,473 Interntl Security Assistance (DSCA) 775 775 775 Thrift Savings Plan Transfer 105 1,035 4,138 Unclassified 1,278 3/ 16,536 3/ 39,202 Total, Other Withdrawals 2,618 51,916 117,954 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 11,832 654,851 1,588,627 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) 11,832 654,851 1,588,627 Net Change in Operating Cash Balance $ -4,894 $ -76,554 $ -62,034 3/Includes a $118 million reclassification to Estate and Gift Taxes and a $112 million reclassification to Individual Income and Employment Taxes, Not Withheld. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, November 20, 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 $ -1 $ 309,991 $ 734,988 Cash Management Series 0 50,001 50,001 Notes 0 55,999 306,999 Bonds 0 16,000 36,000 Inflation-Protected Securities Increment 123 2,463 6,714 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 30 87 Interest Increment 1 450 1,023 Government Account Series 235,114 3,063,705 8,238,136 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 1,288 6,660 18,704 Other 792 11,464 30,336 Total Issues $ 237,318 $ 3,516,762 $ 9,422,989 (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 $ 324,002 $ 743,003 Notes 0 63,088 206,624 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 51 532 1,334 Government Account Series 229,888 3,072,712 8,194,458 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 6 13,785 20,785 Other 794 11,425 30,337 Total Redemptions $ 230,739 $ 3,485,543 $ 9,196,541 Net Change in Public Debt Outstanding $ 6,579 $ 31,219 $ 226,448 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, November 20, 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) $ 237,318 $ 3,516,762 $ 9,422,989 Premium on New Issues 0 0 518 Discount on New Issues: Bills (-) 0 157 331 Bonds and Notes (-) 0 352 1,251 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 235,114 3,063,705 8,238,136 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 450 1,023 Inflation-Protected Securities Increment 123 2,463 6,569 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 2,081 $ 449,635 $ 1,176,196 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 230,739 $ 3,485,543 $ 9,196,541 Premium on Debt Buyback Operation 0 0 0 Discount on Debt Buyback Operation (-) 0 0 0 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 229,888 3,072,712 8,194,458 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 851 $ 412,831 $ 1,002,083 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, November 20, 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 $ 11,452,927 $ 11,451,717 $ 11,411,598 $ 11,269,586 Intragovernmental Holdings 4,839,763 4,834,393 4,849,872 4,796,656 Total Public Debt Outstanding 16,292,689 16,286,110 16,261,471 16,066,241 Less: Debt Not Subject to Limit: Other Debt 486 486 486 486 Unamortized Discount 31,052 31,065 31,144 31,130 Federal Financing Bank 7,112 7,112 7,112 7,112 Hope Bonds 494 494 494 493 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 0 0 0 0 Total Public Debt Subject to Limit $ 16,253,547 $ 16,246,955 $ 16,222,235 $ 16,027,021 Statutory Debt Limit $ 16,394,000 $ 16,394,000 $ 16,394,000 $ 16,394,000 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, November 20, 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 $ 2,342 $ 95,724 $ 248,215 Individual Income Taxes 42 345 1,783 Railroad Retirement Taxes 1 220 633 Excise Taxes 20 3,432 9,798 Corporation Income Taxes 74 3,902 12,618 Federal Unemployment Taxes 2 32 551 Estate and Gift Taxes & Misc IRS Rcpts. 3 16 35 Total $ 2,483 $ 103,671 $ 273,633 Cash Federal Tax Deposits: Direct $ 114 $ 1,611 $ 3,706 Through Depositaries 2,342 97,997 258,830 Total Cash FTD's $ 2,456 $ 99,608 $ 262,536 Inter-agency Transfers 28 4,063 11,096 Total $ 2,483 $ 103,671 $ 273,633 ___________________________________________________________________________________________ TABLE V Short-Term Cash Investments ___________________________________________________________________________________________ Type of Depositary Balance Transactions ______________________________________ Total A B C ____________________________________________________________________________________________ Opening Balance Today $ 0 $ 0 $ 0 $ 0 Deposits: 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, November 20, 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 ____________________________________________________________________________________________ IRS Tax Refunds Business (Checks) $ 516 $ 1,711 $ 7,674 IRS Tax Refunds Business (EFT) 172 1,383 5,320 IRS Tax Refunds Individual (Checks) 51 5,115 8,641 IRS Tax Refunds Individual (EFT) 35 920 5,332 This statement summarizes the United States Treasury's cash and debt operations for the Federal Government. Treasury's operating cash is maintained in account(s) at the Federal Reserve Bank of New York and in short-term cash investments. Treasury minimized and then suspended its short-term cash investment program beginning in November 2008, but anticipates investing again when market conditions warrant. 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 202-874-9789.