1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, December 18, 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 $ 80,337 $ 84,145 $ 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 $ 80,337 $ 84,145 $ 48,947 $ 85,446 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, December 18, 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 $ 344 $ 1,776 Air Transport Security Fees 3 12 399 Cash FTD's Received (Table IV) 3,576 159,683 468,179 Commodity Credit Corporation programs 28 393 1,483 Customs and Certain Excise Taxes 70 1,817 8,905 Deposits by States: Supplemental Security Income 3 36 769 Unemployment 9 469 7,494 Education Department programs 164 1,487 7,619 Energy Department programs 11 117 1,350 Estate and Gift Taxes 96 735 2,946 Federal Reserve Earnings 0 3,655 18,344 Foreign Deposits, Military Sales 28 1,321 5,245 Housing and Urban Development programs 2 122 739 Individual Income and Employment Taxes, Not Withheld 413 3,848 22,469 Interest recd from cash investments 0 0 0 Justice Department programs 37 947 2,307 Postal Service 467 4,921 20,458 Public Debt Cash Issues (Table III-B) 1,269 342,410 1,861,097 Other Deposits: Medicare Premiums 133 730 4,825 Thrift Savings Plan Transfer 77 1,162 4,078 Total Other Deposits 210 13,333 37,716 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 6,423 535,650 2,469,296 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) 6,423 535,650 2,469,296 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, December 18, 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 $ 65 $ 1,100 $ 9,686 Defense Vendor Payments (EFT) 2,550 19,701 80,324 Education Department programs 342 5,868 33,282 Energy Department programs 76 1,446 7,534 Federal Employees Insurance Payments 194 3,235 15,148 Fed. Highway Administration programs 96 2,173 10,201 Federal Salaries (EFT) 98 7,397 37,215 Food and Nutrition Service (misc) 409 6,339 23,901 GSA programs 49 1,108 4,515 Health and Human Services Grants (misc) 336 4,554 20,028 Housing and Urban Development programs 168 5,409 18,093 Interest on Treasury Securities 1 1,109 51,491 IRS Tax Refunds Business (EFT) 9 937 6,461 IRS Tax Refunds Individual (EFT) 3 368 6,071 Justice Department programs 59 764 3,668 Labor Dept. prgms (excl. unemployment) 65 699 3,123 Medicaid 970 12,864 55,994 Medicare 1,325 14,284 127,976 NASA programs 71 1,049 3,813 Postal Service Money Orders and Other 114 1,912 8,658 Public Debt Cash Redemp. (Table III-B) 859 338,405 1,583,206 Social Security Benefits (EFT) 41 35,718 149,979 Supple. Nutrition Assist. Program (SNAP) 19 194 960 Temporary Assistance for Needy Families (HHS) 28 887 4,190 Transportation Security Admin. (DHS) 1 109 261 Unemployment Insurance Benefits 495 3,628 15,739 Veterans Affairs programs 133 1,730 10,208 Other Withdrawals: Emergency Prep & Response (DHS) 139 1,414 4,575 Federal Aviation Administration 56 487 1,940 Federal Crop Ins. Corp. 159 2,066 7,995 Federal Financing Bank 99 348 1,716 Federal Transit Admin. 162 744 2,495 Unclassified 1,040 15,567 64,922 Total, Other Withdrawals 1,655 31,273 182,680 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 10,232 504,260 2,474,405 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) 10,232 504,260 2,474,405 Net Change in Operating Cash Balance $ -3,809 $ 31,390 $ -5,109 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, December 18, 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 0 35,001 105,002 Notes 0 53,000 471,999 Bonds 0 13,000 48,995 Inflation-Protected Securities Increment -11 -55 7,957 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 4 43 150 Interest Increment 1 481 1,510 Government Account Series 229,559 2,723,167 12,601,801 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 491 6,522 28,250 Other 774 10,509 47,314 Total Issues $ 230,818 $ 3,066,658 $ 14,472,952 (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 $ 278,007 $ 1,204,012 Notes 0 40,217 299,177 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 79 745 2,355 Government Account Series 221,393 2,738,044 12,596,228 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 4 8,898 30,274 Other 776 10,537 47,389 Total Redemptions $ 222,252 $ 3,076,449 $ 14,179,434 Net Change in Public Debt Outstanding $ 8,565 $ -9,790 $ 293,517 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, December 18, 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) $ 230,818 $ 3,066,658 $ 14,472,952 Premium on New Issues 0 0 1,615 Discount on New Issues: Bills (-) 0 99 497 Bonds and Notes (-) 0 557 1,937 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 229,559 2,723,167 12,601,801 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 481 1,510 Inflation-Protected Securities Increment -11 -55 7,725 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,269 $ 342,410 $ 1,861,097 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 222,252 $ 3,076,449 $ 14,179,434 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 (-) 221,393 2,738,044 12,596,228 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 859 $ 338,405 $ 1,583,206 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, December 18, 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 $ 11,560,260 $ 11,559,848 $ 11,553,201 $ 11,269,586 Intragovernmental Holdings 4,799,498 4,791,346 4,816,348 4,796,656 Total Public Debt Outstanding 16,359,759 16,351,194 16,369,549 16,066,241 Less: Debt Not Subject to Limit: Other Debt 486 486 486 486 Unamortized Discount 30,429 30,442 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 $ 16,321,239 $ 16,312,661 $ 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 18, 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 $ 2,875 $ 102,318 $ 395,126 Individual Income Taxes 35 624 2,583 Railroad Retirement Taxes 1 236 977 Excise Taxes 13 3,147 16,188 Corporation Income Taxes 678 57,124 70,430 Federal Unemployment Taxes 1 29 614 Estate and Gift Taxes & Misc IRS Rcpts. 1 14 75 Total $ 3,603 $ 163,491 $ 485,992 Cash Federal Tax Deposits: Direct $ 42 $ 1,305 $ 6,789 Through Depositaries 3,534 158,378 461,390 Total Cash FTD's $ 3,576 $ 159,683 $ 468,179 Inter-agency Transfers 28 3,808 17,813 Total $ 3,603 $ 163,491 $ 485,992 ___________________________________________________________________________________________ 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 18, 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) $ 389 $ 1,559 $ 9,788 IRS Tax Refunds Business (EFT) 9 937 6,461 IRS Tax Refunds Individual (Checks) 29 1,439 11,661 IRS Tax Refunds Individual (EFT) 3 368 6,071 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.