1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, December 12, 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 $ 31,399 $ 38,011 $ 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 $ 31,399 $ 38,011 $ 48,947 $ 85,446 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, December 12, 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) $ 14 $ 243 $ 1,675 Air Transport Security Fees 0 8 394 Cash FTD's Received (Table IV) 8,268 64,957 373,452 Commodity Credit Corporation programs 33 261 1,350 Customs and Certain Excise Taxes 59 621 7,710 Deposits by States: Supplemental Security Income 3 24 757 Unemployment 17 161 7,187 Education Department programs 72 932 7,063 Energy Department programs 4 68 1,301 Estate and Gift Taxes 61 513 2,724 Federal Reserve Earnings 2,225 3,655 18,344 Foreign Deposits, Military Sales 4 959 4,884 Housing and Urban Development programs 0 114 732 Individual Income and Employment Taxes, Not Withheld 583 2,480 21,101 Interest recd from cash investments 0 0 0 Justice Department programs 415 478 1,838 Postal Service 348 3,341 18,878 Public Debt Cash Issues (Table III-B) 1,619 136,235 1,654,922 Other Deposits: Medicare Premiums 96 431 4,526 Total Other Deposits 96 4,127 28,511 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 13,824 219,178 2,152,824 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) 13,824 219,178 2,152,824 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, December 12, 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 $ 33 $ 649 $ 9,236 Defense Vendor Payments (EFT) 1,143 11,514 72,136 Education Department programs 338 3,945 31,359 Energy Department programs 135 907 6,995 Federal Employees Insurance Payments 250 2,263 14,176 Fed. Highway Administration programs 154 1,576 9,604 Federal Salaries (EFT) 138 6,124 35,941 Food and Nutrition Service (misc) 509 4,141 21,704 GSA programs 79 860 4,268 Health and Human Services Grants (misc) 330 2,948 18,422 Housing and Urban Development programs 179 4,312 16,995 Interest on Treasury Securities 1 305 50,687 IRS Tax Refunds Business (EFT) 130 744 6,269 IRS Tax Refunds Individual (EFT) 120 350 6,053 Justice Department programs 96 478 3,381 Labor Dept. prgms (excl. unemployment) 29 386 2,811 Medicaid 529 8,474 51,605 Medicare 1,239 8,961 122,652 NASA programs 37 742 3,505 Postal Service Money Orders and Other 109 1,409 8,155 Public Debt Cash Redemp. (Table III-B) 1,123 114,138 1,358,940 Social Security Benefits (EFT) 11,376 35,541 149,802 Supple. Nutrition Assist. Program (SNAP) 50 115 882 Temporary Assistance for Needy Families (HHS) 26 383 3,687 Transportation Security Admin. (DHS) 1 77 229 Unemployment Insurance Benefits 375 2,544 14,655 Veterans Affairs programs 197 1,176 9,654 Other Withdrawals: Agency for Internat'l Development 52 316 2,895 Agriculture 52 550 2,273 Emergency Prep & Response (DHS) 120 907 4,068 Federal Aviation Administration 79 322 1,775 Federal Crop Ins. Corp. 169 1,461 7,390 Thrift Savings Plan Transfer 126 401 5,044 Unclassified 1,110 11,090 60,445 Total, Other Withdrawals 1,709 21,661 173,068 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 20,436 236,725 2,206,870 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) 20,436 236,725 2,206,870 Net Change in Operating Cash Balance $ -6,612 $ -17,547 $ -54,046 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, December 12, 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 $ 99,996 $ 1,034,980 Cash Management Series 0 25,001 95,002 Notes 0 0 418,998 Bonds 0 0 35,995 Inflation-Protected Securities Increment -10 8 8,020 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 27 134 Interest Increment 1 478 1,507 Government Account Series 226,057 1,818,798 11,697,432 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 816 4,379 26,107 Other 800 6,863 43,668 Total Issues $ 227,667 $ 1,955,549 $ 13,361,843 (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 $ 99,003 $ 1,025,007 Notes 0 0 258,959 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 66 490 2,101 Government Account Series 235,996 1,844,538 11,702,722 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 250 7,776 29,152 Other 806 6,869 43,720 Total Redemptions $ 237,119 $ 1,958,676 $ 13,061,662 Net Change in Public Debt Outstanding $ -9,452 $ -3,126 $ 300,181 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, December 12, 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) $ 227,667 $ 1,955,549 $ 13,361,843 Premium on New Issues 0 0 1,615 Discount on New Issues: Bills (-) 0 30 428 Bonds and Notes (-) 0 0 1,380 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 226,057 1,818,798 11,697,432 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 478 1,507 Inflation-Protected Securities Increment -10 8 7,788 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,619 $ 136,235 $ 1,654,922 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 237,119 $ 1,958,676 $ 13,061,662 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 (-) 235,996 1,844,538 11,702,722 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,123 $ 114,138 $ 1,358,940 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, December 12, 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 $ 11,577,234 $ 11,576,941 $ 11,553,201 $ 11,269,586 Intragovernmental Holdings 4,789,189 4,798,934 4,816,348 4,796,656 Total Public Debt Outstanding 16,366,422 16,375,874 16,369,549 16,066,241 Less: Debt Not Subject to Limit: Other Debt 486 486 486 486 Unamortized Discount 30,437 30,450 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 $ 16,327,894 $ 16,337,333 $ 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 Wednesday, December 12, 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 $ 7,196 $ 65,538 $ 358,345 Individual Income Taxes 55 261 2,221 Railroad Retirement Taxes 3 154 895 Excise Taxes 396 679 13,720 Corporation Income Taxes 812 1,814 15,120 Federal Unemployment Taxes 2 19 604 Estate and Gift Taxes & Misc IRS Rcpts. 1 10 71 Total $ 8,466 $ 68,474 $ 390,975 Cash Federal Tax Deposits: Direct $ 100 $ 337 $ 5,822 Through Depositaries 8,168 64,619 367,631 Total Cash FTD's $ 8,268 $ 64,957 $ 373,452 Inter-agency Transfers 198 3,518 17,522 Total $ 8,466 $ 68,474 $ 390,975 ___________________________________________________________________________________________ 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 Wednesday, December 12, 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) $ 107 $ 1,033 $ 9,261 IRS Tax Refunds Business (EFT) 130 744 6,269 IRS Tax Refunds Individual (Checks) 17 664 10,886 IRS Tax Refunds Individual (EFT) 120 350 6,053 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.