1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, December 19, 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 $ 75,017 $ 80,337 $ 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 $ 75,017 $ 80,337 $ 48,947 $ 85,446 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, December 19, 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) $ 10 $ 354 $ 1,786 Air Transport Security Fees 0 13 399 Cash FTD's Received (Table IV) 9,462 169,146 477,641 Commodity Credit Corporation programs 34 427 1,516 Customs and Certain Excise Taxes 68 1,884 8,973 Deposits by States: Supplemental Security Income 4 40 773 Unemployment 19 487 7,513 Education Department programs 102 1,589 7,721 Energy Department programs 12 129 1,362 Estate and Gift Taxes 70 805 3,016 Federal Reserve Earnings 1,403 5,058 19,747 Foreign Deposits, Military Sales 9 1,330 5,254 Housing and Urban Development programs 8 130 747 Individual Income and Employment Taxes, Not Withheld 811 4,659 23,280 Interest recd from cash investments 0 0 0 Justice Department programs 125 1,072 2,432 Postal Service 368 5,289 20,827 Public Debt Cash Issues (Table III-B) 3,154 345,564 1,864,251 Other Deposits: Medicare Premiums 293 1,023 5,118 Railroad Unemployment Ins. 1 1 51 TARP 26 9,174 14,394 Total Other Deposits 319 13,652 38,035 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 15,979 551,628 2,485,274 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) 15,979 551,628 2,485,274 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, December 19, 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 $ 70 $ 1,170 $ 9,757 Defense Vendor Payments (EFT) 1,509 21,210 81,833 Education Department programs 720 6,588 34,001 Energy Department programs 137 1,583 7,671 Federal Employees Insurance Payments 243 3,478 15,391 Fed. Highway Administration programs 174 2,348 10,376 Federal Salaries (EFT) 60 7,457 37,275 Food and Nutrition Service (misc) 409 6,748 24,310 GSA programs 72 1,179 4,586 Health and Human Services Grants (misc) 469 5,024 20,497 Housing and Urban Development programs 284 5,694 18,377 Interest on Treasury Securities 1 1,110 51,493 IRS Tax Refunds Business (EFT) 70 1,007 6,532 IRS Tax Refunds Individual (EFT) 78 446 6,149 Justice Department programs 49 813 3,717 Labor Dept. prgms (excl. unemployment) 38 738 3,162 Medicaid 867 13,731 56,862 Medicare 1,724 16,008 129,700 NASA programs 181 1,231 3,994 Postal Service Money Orders and Other 89 2,001 8,747 Public Debt Cash Redemp. (Table III-B) 832 339,236 1,584,038 Social Security Benefits (EFT) 11,209 46,927 161,187 Supple. Nutrition Assist. Program (SNAP) 6 200 966 Temporary Assistance for Needy Families (HHS) 28 915 4,219 Transportation Security Admin. (DHS) 1 110 262 Unemployment Insurance Benefits 369 3,997 16,108 Veterans Affairs programs 184 1,914 10,392 Other Withdrawals: Agriculture 115 836 2,559 Agriculture Loan Payments (misc) 53 493 1,852 Emergency Prep & Response (DHS) 98 1,512 4,673 Federal Aviation Administration 53 540 1,993 Federal Crop Ins. Corp. 109 2,175 8,104 State Department 53 478 2,391 Thrift Savings Plan Transfer 123 630 5,273 Treasury Dept: Claims Payments 81 92 2,254 Unclassified 737 16,304 65,659 Total, Other Withdrawals 1,422 32,695 184,102 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 21,298 525,558 2,495,703 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) 21,298 525,558 2,495,703 Net Change in Operating Cash Balance $ -5,319 $ 26,070 $ -10,429 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, December 19, 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 $ 224,990 $ 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 -9 -64 7,948 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 46 153 Interest Increment 0 481 1,510 Government Account Series 223,015 2,946,182 12,824,816 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 2,372 8,894 30,622 Other 779 11,288 48,093 Total Issues $ 226,160 $ 3,292,819 $ 14,699,112 (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 57 802 2,412 Government Account Series 233,044 2,971,087 12,829,272 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 8,898 30,274 Other 775 11,312 48,163 Total Redemptions $ 233,875 $ 3,310,324 $ 14,413,310 Net Change in Public Debt Outstanding $ -7,715 $ -17,505 $ 285,802 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, December 19, 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) $ 226,160 $ 3,292,819 $ 14,699,112 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 (-) 223,015 2,946,182 12,824,816 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 481 1,510 Inflation-Protected Securities Increment -9 -64 7,715 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 3,154 $ 345,564 $ 1,864,251 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 233,875 $ 3,310,324 $ 14,413,310 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 (-) 233,044 2,971,087 12,829,272 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 832 $ 339,236 $ 1,584,038 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, December 19, 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 $ 11,562,408 $ 11,560,260 $ 11,553,201 $ 11,269,586 Intragovernmental Holdings 4,789,635 4,799,498 4,816,348 4,796,656 Total Public Debt Outstanding 16,352,044 16,359,759 16,369,549 16,066,241 Less: Debt Not Subject to Limit: Other Debt 486 486 486 486 Unamortized Discount 30,416 30,429 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 $ 16,313,537 $ 16,321,239 $ 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 19, 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 $ 9,195 $ 111,513 $ 404,321 Individual Income Taxes 29 652 2,612 Railroad Retirement Taxes 3 238 979 Excise Taxes 29 3,176 16,217 Corporation Income Taxes 207 57,331 70,637 Federal Unemployment Taxes 2 31 616 Estate and Gift Taxes & Misc IRS Rcpts. 1 15 76 Total $ 9,466 $ 172,957 $ 495,458 Cash Federal Tax Deposits: Direct $ 47 $ 1,352 $ 6,836 Through Depositaries 9,415 167,794 470,805 Total Cash FTD's $ 9,462 $ 169,146 $ 477,641 Inter-agency Transfers 3 3,812 17,816 Total $ 9,466 $ 172,957 $ 495,458 ___________________________________________________________________________________________ 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 19, 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) $ 8 $ 1,568 $ 9,796 IRS Tax Refunds Business (EFT) 70 1,007 6,532 IRS Tax Refunds Individual (Checks) 10 1,449 11,671 IRS Tax Refunds Individual (EFT) 78 446 6,149 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.