1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, December 13, 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 $ 28,987 $ 31,399 $ 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 $ 28,987 $ 31,399 $ 48,947 $ 85,446 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, December 13, 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) $ 21 $ 263 $ 1,696 Air Transport Security Fees 0 8 394 Cash FTD's Received (Table IV) 4,959 69,916 378,412 Commodity Credit Corporation programs 36 297 1,386 Customs and Certain Excise Taxes 944 1,565 8,653 Deposits by States: Supplemental Security Income 4 28 761 Unemployment 251 413 7,438 Education Department programs 65 997 7,129 Energy Department programs 5 73 1,307 Estate and Gift Taxes 69 582 2,793 Federal Reserve Earnings 0 3,655 18,344 Foreign Deposits, Military Sales 80 1,040 4,964 Housing and Urban Development programs 2 116 733 Individual Income and Employment Taxes, Not Withheld 296 2,776 21,397 Interest recd from cash investments 0 0 0 Justice Department programs 382 860 2,220 Postal Service 346 3,686 19,224 Public Debt Cash Issues (Table III-B) 127,164 263,400 1,782,087 Other Deposits: Thrift Savings Plan Transfer 83 867 3,782 Total Other Deposits 83 4,210 28,594 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 134,708 353,885 2,287,531 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) 134,708 353,885 2,287,531 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, December 13, 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 $ 132 $ 781 $ 9,367 Defense Vendor Payments (EFT) 2,325 13,839 74,461 Education Department programs 598 4,543 31,957 Energy Department programs 218 1,125 7,213 Federal Employees Insurance Payments 358 2,622 14,535 Fed. Highway Administration programs 165 1,742 9,770 Federal Salaries (EFT) 824 6,948 36,766 Food and Nutrition Service (misc) 432 4,573 22,135 GSA programs 31 891 4,298 Health and Human Services Grants (misc) 515 3,463 18,937 Housing and Urban Development programs 393 4,705 17,389 Interest on Treasury Securities 1 306 50,688 IRS Tax Refunds Business (EFT) 5 749 6,273 IRS Tax Refunds Individual (EFT) 4 354 6,056 Justice Department programs 60 537 3,441 Labor Dept. prgms (excl. unemployment) 60 447 2,871 Medicaid 1,796 10,270 53,401 Medicare 1,214 10,175 123,866 NASA programs 94 836 3,599 Postal Service Money Orders and Other 122 1,530 8,277 Public Debt Cash Redemp. (Table III-B) 125,344 239,482 1,484,284 Social Security Benefits (EFT) 45 35,586 149,847 Supple. Nutrition Assist. Program (SNAP) 32 148 914 Temporary Assistance for Needy Families (HHS) 156 539 3,843 Transportation Security Admin. (DHS) 1 78 230 Unemployment Insurance Benefits 223 2,768 14,878 Veterans Affairs programs 125 1,301 9,778 Other Withdrawals: Agriculture 59 609 2,332 Emergency Prep & Response (DHS) 124 1,031 4,191 Federal Crop Ins. Corp. 187 1,648 7,577 Federal Transit Admin. 98 490 2,241 Interior 59 323 1,868 Treasury Department programs 324 324 1,481 Unclassified 996 12,086 61,441 Total, Other Withdrawals 1,847 23,508 174,916 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 137,120 373,845 2,343,990 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) 137,120 373,845 2,343,990 Net Change in Operating Cash Balance $ -2,413 $ -19,960 $ -56,459 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, December 13, 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 $ 124,994 $ 224,991 $ 1,159,975 Cash Management Series 0 25,001 95,002 Notes 0 0 418,998 Bonds 0 0 35,995 Inflation-Protected Securities Increment -10 -2 8,010 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 30 137 Interest Increment 1 479 1,508 Government Account Series 227,889 2,046,686 11,925,320 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 958 5,337 27,065 Other 1,278 8,141 44,946 Total Issues $ 355,112 $ 2,310,661 $ 13,716,955 (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 $ 124,003 $ 223,006 $ 1,149,010 Notes 0 0 258,959 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 58 548 2,159 Government Account Series 226,206 2,070,744 11,928,928 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 6 7,782 29,157 Other 1,277 8,146 44,997 Total Redemptions $ 351,550 $ 2,310,226 $ 13,413,212 Net Change in Public Debt Outstanding $ 3,562 $ 435 $ 303,743 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, December 13, 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) $ 355,112 $ 2,310,661 $ 13,716,955 Premium on New Issues 0 0 1,615 Discount on New Issues: Bills (-) 68 99 497 Bonds and Notes (-) 0 0 1,380 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 227,889 2,046,686 11,925,320 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 479 1,508 Inflation-Protected Securities Increment -10 -2 7,778 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 127,164 $ 263,400 $ 1,782,087 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 351,550 $ 2,310,226 $ 13,413,212 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 (-) 226,206 2,070,744 11,928,928 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 125,344 $ 239,482 $ 1,484,284 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, December 13, 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 $ 11,579,054 $ 11,577,234 $ 11,553,201 $ 11,269,586 Intragovernmental Holdings 4,790,930 4,789,189 4,816,348 4,796,656 Total Public Debt Outstanding 16,369,984 16,366,422 16,369,549 16,066,241 Less: Debt Not Subject to Limit: Other Debt 486 486 486 486 Unamortized Discount 30,493 30,437 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 $ 16,331,400 $ 16,327,894 $ 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 Thursday, December 13, 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 $ 2,602 $ 68,140 $ 360,947 Individual Income Taxes 32 294 2,253 Railroad Retirement Taxes 9 162 903 Excise Taxes 315 994 14,035 Corporation Income Taxes 2,202 4,016 17,322 Federal Unemployment Taxes 2 20 606 Estate and Gift Taxes & Misc IRS Rcpts. 1 11 72 Total $ 5,164 $ 73,638 $ 396,138 Cash Federal Tax Deposits: Direct $ 76 $ 413 $ 5,898 Through Depositaries 4,884 69,503 372,514 Total Cash FTD's $ 4,959 $ 69,916 $ 378,412 Inter-agency Transfers 204 3,722 17,727 Total $ 5,164 $ 73,638 $ 396,138 ___________________________________________________________________________________________ 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 Thursday, December 13, 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) $ 93 $ 1,126 $ 9,354 IRS Tax Refunds Business (EFT) 5 749 6,273 IRS Tax Refunds Individual (Checks) 48 712 10,934 IRS Tax Refunds Individual (EFT) 4 354 6,056 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.