1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, December 4, 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 $ 19,121 $ 23,983 $ 48,947 $ 85,446 Supplementary Financing Program 0 0 0 0 Account Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 19,121 $ 23,983 $ 48,947 $ 85,446 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, December 4, 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) $ 43 $ 85 $ 1,518 Air Transport Security Fees 0 4 390 Cash FTD's Received (Table IV) 2,843 24,810 333,305 Commodity Credit Corporation programs 39 67 1,157 Customs and Certain Excise Taxes 113 199 7,287 Deposits by States: Supplemental Security Income 3 6 739 Unemployment 17 42 7,068 Education Department programs 187 287 6,419 Energy Department programs 13 24 1,257 Estate and Gift Taxes 69 113 2,324 Federal Reserve Earnings 0 0 14,689 Foreign Deposits, Military Sales 5 758 4,683 Housing and Urban Development programs 4 7 625 Individual Income and Employment Taxes, Not Withheld 276 494 19,115 Interest recd from cash investments 0 0 0 Justice Department programs 9 16 1,376 Postal Service 514 925 16,462 Public Debt Cash Issues (Table III-B) 1,869 2,850 1,521,537 Other Deposits: Federal Housing Admin: Note Sales 102 180 3,540 Thrift Savings Plan Transfer 65 368 3,283 Total Other Deposits 167 873 25,257 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 6,172 31,562 1,965,208 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) 6,172 31,562 1,965,208 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, December 4, 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 $ 68 $ 192 $ 8,779 Defense Vendor Payments (EFT) 1,616 2,814 63,436 Education Department programs 436 967 28,381 Energy Department programs 80 202 6,290 Federal Employees Insurance Payments 276 541 12,454 Fed. Highway Administration programs 119 504 8,531 Federal Salaries (EFT) 418 572 30,390 Food and Nutrition Service (misc) 327 950 18,513 GSA programs 59 542 3,949 Health and Human Services Grants (misc) 343 715 16,188 Housing and Urban Development programs 250 2,816 15,500 Interest on Treasury Securities 1 297 50,679 IRS Tax Refunds Business (EFT) 56 95 5,619 IRS Tax Refunds Individual (EFT) 5 9 5,712 Justice Department programs 66 83 2,987 Labor Dept. prgms (excl. unemployment) 43 80 2,504 Medicaid 1,292 1,951 45,081 Medicare 1,280 2,565 116,256 NASA programs 295 308 3,071 Postal Service Money Orders and Other 159 353 7,100 Public Debt Cash Redemp. (Table III-B) 880 9,079 1,253,881 Social Security Benefits (EFT) 28 23,872 138,133 Supple. Nutrition Assist. Program (SNAP) 9 16 783 Temporary Assistance for Needy Families (HHS) 81 161 3,465 Transportation Security Admin. (DHS) 43 43 195 Unemployment Insurance Benefits 487 719 12,830 Veterans Affairs programs 125 290 8,768 Other Withdrawals: Emergency Prep & Response (DHS) 104 161 3,322 Export-Import Bank 84 85 1,404 Federal Crop Ins. Corp. 120 302 6,231 Federal Transit Admin. 77 104 1,854 Unclassified 1,805 3,638 52,993 Total, Other Withdrawals 2,190 10,651 162,058 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 11,033 61,387 2,031,532 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) 11,033 61,387 2,031,532 Net Change in Operating Cash Balance $ -4,861 $ -29,825 $ -66,324 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, December 4, 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 $ -4 $ -4 $ 934,980 Cash Management Series 0 0 70,001 Notes 0 0 418,998 Bonds 0 0 35,995 Inflation-Protected Securities Increment -10 93 8,104 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 9 116 Interest Increment 1 474 1,503 Government Account Series 231,874 465,312 10,343,946 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 1,066 1,238 22,966 Other 805 1,608 38,413 Total Issues $ 233,734 $ 468,728 $ 11,875,022 (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 $ 0 $ 926,005 Notes 0 0 258,959 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 73 130 1,740 Government Account Series 223,891 482,142 10,340,327 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 4 7,344 28,719 Other 803 1,606 38,457 Total Redemptions $ 224,771 $ 491,221 $ 11,594,207 Net Change in Public Debt Outstanding $ 8,963 $ -22,493 $ 280,814 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, December 4, 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) $ 233,734 $ 468,728 $ 11,875,022 Premium on New Issues 0 0 1,615 Discount on New Issues: Bills (-) 0 0 398 Bonds and Notes (-) 0 0 1,380 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 231,874 465,312 10,343,946 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 474 1,503 Inflation-Protected Securities Increment -10 93 7,872 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,869 $ 2,850 $ 1,521,537 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 224,771 $ 491,221 $ 11,594,207 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 (-) 223,891 482,142 10,340,327 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 880 $ 9,079 $ 1,253,881 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, December 4, 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 $ 11,548,068 $ 11,546,976 $ 11,553,201 $ 11,269,586 Intragovernmental Holdings 4,798,988 4,791,117 4,816,348 4,796,656 Total Public Debt Outstanding 16,347,056 16,338,093 16,369,549 16,066,241 Less: Debt Not Subject to Limit: Other Debt 486 486 486 486 Unamortized Discount 30,511 30,524 30,562 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 $ 16,308,454 $ 16,299,478 $ 16,330,896 $ 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, December 4, 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 $ 2,785 $ 25,734 $ 318,542 Individual Income Taxes 23 64 2,023 Railroad Retirement Taxes 7 62 803 Excise Taxes 10 24 13,064 Corporation Income Taxes 56 115 13,421 Federal Unemployment Taxes 6 7 593 Estate and Gift Taxes & Misc IRS Rcpts. 1 2 63 Total $ 2,887 $ 26,009 $ 348,509 Cash Federal Tax Deposits: Direct $ 37 $ 61 $ 5,546 Through Depositaries 2,806 24,748 327,760 Total Cash FTD's $ 2,843 $ 24,810 $ 333,305 Inter-agency Transfers 44 1,199 15,204 Total $ 2,887 $ 26,009 $ 348,509 ___________________________________________________________________________________________ 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, December 4, 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) $ 322 $ 384 $ 8,612 IRS Tax Refunds Business (EFT) 56 95 5,619 IRS Tax Refunds Individual (Checks) 34 75 10,297 IRS Tax Refunds Individual (EFT) 5 9 5,712 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.