1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, December 14, 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 $ 38,806 $ 28,987 $ 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 $ 38,806 $ 28,987 $ 48,947 $ 85,446 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, December 14, 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) $ 24 $ 288 $ 1,720 Air Transport Security Fees 1 9 395 Cash FTD's Received (Table IV) 22,256 92,172 400,667 Commodity Credit Corporation programs 43 340 1,429 Customs and Certain Excise Taxes 117 1,682 8,771 Deposits by States: Supplemental Security Income 2 30 763 Unemployment 16 428 7,454 Education Department programs 111 1,109 7,240 Energy Department programs 20 93 1,326 Estate and Gift Taxes 47 630 2,840 Federal Reserve Earnings 0 3,655 18,344 Foreign Deposits, Military Sales 186 1,226 5,150 Housing and Urban Development programs 2 118 735 Individual Income and Employment Taxes, Not Withheld 258 3,035 21,656 Interest recd from cash investments 0 0 0 Justice Department programs 20 879 2,239 Postal Service 350 4,036 19,574 Public Debt Cash Issues (Table III-B) 10,896 274,295 1,792,983 Other Deposits: Medicare Premiums 69 542 4,636 TARP 8,041 9,116 14,337 Thrift Savings Plan Transfer 110 977 3,892 Total Other Deposits 8,220 12,430 36,814 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 42,568 396,453 2,330,099 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) 42,568 396,453 2,330,099 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, December 14, 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 $ 174 $ 954 $ 9,541 Defense Vendor Payments (EFT) 1,627 15,465 76,088 Education Department programs 443 4,986 32,400 Energy Department programs 145 1,270 7,358 Federal Employees Insurance Payments 204 2,826 14,739 Fed. Highway Administration programs 207 1,948 9,976 Federal Salaries (EFT) 223 7,171 36,989 Food and Nutrition Service (misc) 435 5,008 22,570 GSA programs 105 996 4,403 Health and Human Services Grants (misc) 363 3,827 19,301 Housing and Urban Development programs 318 5,023 17,706 Interest on Treasury Securities 2 308 50,690 IRS Tax Refunds Business (EFT) 99 848 6,372 IRS Tax Refunds Individual (EFT) 3 357 6,060 Justice Department programs 115 652 3,556 Labor Dept. prgms (excl. unemployment) 141 588 3,012 Medicaid 761 11,031 54,162 Medicare 1,373 11,548 125,240 NASA programs 87 923 3,686 Postal Service Money Orders and Other 105 1,635 8,382 Public Debt Cash Redemp. (Table III-B) 20,913 260,395 1,505,196 Social Security Benefits (EFT) 40 35,627 149,887 Supple. Nutrition Assist. Program (SNAP) 12 160 926 Temporary Assistance for Needy Families (HHS) 89 629 3,932 Transportation Security Admin. (DHS) 1 79 231 Unemployment Insurance Benefits 134 2,902 15,013 Veterans Affairs programs 137 1,438 9,916 Other Withdrawals: Agriculture 51 659 2,382 Centers for Disease Control 54 204 1,361 Deposit Insurance Fund 69 126 1,321 Emergency Prep & Response (DHS) 71 1,101 4,262 Federal Crop Ins. Corp. 61 1,709 7,638 Interior 71 394 1,939 Military Active Duty Pay (EFT) 2,809 2,911 20,623 Unclassified 1,307 13,392 62,747 Total, Other Withdrawals 4,491 27,999 179,406 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 32,749 406,594 2,376,739 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) 32,749 406,594 2,376,739 Net Change in Operating Cash Balance $ 9,819 $ -10,141 $ -46,640 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, December 14, 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 $ 224,991 $ 1,159,974 Cash Management Series 10,000 35,001 105,002 Notes 0 0 418,998 Bonds 0 0 35,995 Inflation-Protected Securities Increment -11 -13 7,999 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 32 140 Interest Increment 1 479 1,508 Government Account Series 223,776 2,270,463 12,149,097 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 96 5,433 27,161 Other 797 8,937 45,742 Total Issues $ 234,662 $ 2,545,323 $ 13,951,616 (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 $ 20,001 $ 243,006 $ 1,169,011 Notes 0 0 258,959 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 57 606 2,216 Government Account Series 224,156 2,294,900 12,153,084 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 54 7,836 29,211 Other 801 8,947 45,799 Total Redemptions $ 245,069 $ 2,555,295 $ 13,658,281 Net Change in Public Debt Outstanding $ -10,407 $ -9,972 $ 293,336 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, December 14, 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) $ 234,662 $ 2,545,323 $ 13,951,616 Premium on New Issues 0 0 1,615 Discount on New Issues: Bills (-) 0 99 497 Bonds and Notes (-) 0 0 1,380 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 223,776 2,270,463 12,149,097 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 479 1,508 Inflation-Protected Securities Increment -11 -13 7,767 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 10,896 $ 274,295 $ 1,792,983 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 245,069 $ 2,555,295 $ 13,658,281 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 (-) 224,156 2,294,900 12,153,084 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 20,913 $ 260,395 $ 1,505,196 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, December 14, 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 $ 11,569,505 $ 11,579,054 $ 11,553,201 $ 11,269,586 Intragovernmental Holdings 4,790,072 4,790,930 4,816,348 4,796,656 Total Public Debt Outstanding 16,359,577 16,369,984 16,369,549 16,066,241 Less: Debt Not Subject to Limit: Other Debt 486 486 486 486 Unamortized Discount 30,480 30,493 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 $ 16,321,006 $ 16,331,400 $ 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 Friday, December 14, 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 $ 7,531 $ 75,671 $ 368,478 Individual Income Taxes 199 492 2,452 Railroad Retirement Taxes 17 179 920 Excise Taxes 2,105 3,099 16,140 Corporation Income Taxes 12,427 16,443 29,749 Federal Unemployment Taxes 4 24 609 Estate and Gift Taxes & Misc IRS Rcpts. 1 12 73 Total $ 22,283 $ 95,921 $ 418,421 Cash Federal Tax Deposits: Direct $ 818 $ 1,231 $ 6,715 Through Depositaries 21,438 90,941 393,952 Total Cash FTD's $ 22,256 $ 92,172 $ 400,667 Inter-agency Transfers 27 3,749 17,754 Total $ 22,283 $ 95,921 $ 418,421 ___________________________________________________________________________________________ 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 Friday, December 14, 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) $ 12 $ 1,138 $ 9,366 IRS Tax Refunds Business (EFT) 99 848 6,372 IRS Tax Refunds Individual (Checks) 684 1,396 11,617 IRS Tax Refunds Individual (EFT) 3 357 6,060 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.