1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, December 28, 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 $ 58,766 $ 54,749 $ 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 $ 58,766 $ 54,749 $ 48,947 $ 85,446 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, December 28, 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) $ 53 $ 590 $ 2,022 Air Transport Security Fees 32 54 440 Cash FTD's Received (Table IV) 10,722 226,122 534,618 Commodity Credit Corporation programs 79 641 1,730 Customs and Certain Excise Taxes 125 4,012 11,101 Deposits by States: Supplemental Security Income 298 366 1,099 Unemployment 32 597 7,623 Education Department programs 134 2,415 8,546 Energy Department programs 19 384 1,617 Estate and Gift Taxes 55 1,016 3,226 Federal Reserve Earnings 0 7,119 21,808 Foreign Deposits, Military Sales 38 1,492 5,417 Housing and Urban Development programs 17 373 991 Individual Income and Employment Taxes, Not Withheld 668 8,147 26,768 Interest recd from cash investments 0 0 0 Justice Department programs 10 1,975 3,335 Postal Service 264 7,229 22,766 Public Debt Cash Issues (Table III-B) 3,772 559,789 2,078,476 Other Deposits: Deposit Insurance Fund 818 822 1,820 Federal Housing Admin: Note Sales 50 1,594 4,954 International Monetary Fund 589 620 1,167 Medicare Premiums 73 2,009 6,103 Minerals Management Svc/Collections 135 286 2,572 TARP 206 15,536 20,756 Thrift Savings Plan Transfer 288 2,555 5,470 Total Other Deposits 2,159 24,396 48,780 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 18,479 846,717 2,780,362 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) 18,479 846,717 2,780,362 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, December 28, 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 $ 125 $ 1,631 $ 10,217 Defense Vendor Payments (EFT) 861 30,224 90,846 Education Department programs 835 10,718 38,132 Energy Department programs 116 2,724 8,812 Federal Employees Insurance Payments 182 5,302 17,215 Fed. Highway Administration programs 318 3,555 11,583 Federal Salaries (EFT) 111 13,730 43,548 Food and Nutrition Service (misc) 151 8,820 26,383 GSA programs 47 1,494 4,901 Health and Human Services Grants (misc) 497 7,638 23,112 Housing and Urban Development programs 215 6,716 19,400 Interest on Treasury Securities 3 1,119 51,501 IRS Tax Refunds Business (EFT) 5 1,882 7,407 IRS Tax Refunds Individual (EFT) 5 543 6,246 Justice Department programs 110 1,231 4,135 Labor Dept. prgms (excl. unemployment) 70 1,178 3,602 Medicaid 2,274 20,946 64,077 Medicare 1,728 28,328 142,019 NASA programs 0 1,852 4,615 Postal Service Money Orders and Other 123 2,881 9,628 Public Debt Cash Redemp. (Table III-B) 3,733 571,950 1,816,751 Social Security Benefits (EFT) 1 58,497 172,758 Supple. Nutrition Assist. Program (SNAP) 10 264 1,031 Temporary Assistance for Needy Families (HHS) 62 1,377 4,680 Transportation Security Admin. (DHS) 1 115 267 Unemployment Insurance Benefits 287 5,720 17,831 Veterans Affairs programs 202 2,757 11,235 Other Withdrawals: Deposit Insurance Fund 448 677 1,872 Emergency Prep & Response (DHS) 67 2,325 5,486 Export-Import Bank 80 350 1,669 Federal Crop Ins. Corp. 125 3,118 9,046 Federal Financing Bank 115 835 2,203 Federal Railroad Admin. 50 508 813 Minerals Management Service 151 154 628 Pension Benefit Guaranty Corp. 447 461 1,431 Unclassified 906 21,701 71,056 Total, Other Withdrawals 2,391 43,704 195,111 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 14,463 836,897 2,807,042 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) 14,463 836,897 2,807,042 Net Change in Operating Cash Balance $ 4,017 $ 9,819 $ -26,680 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, December 28, 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 $ -5 $ 424,980 $ 1,359,963 Cash Management Series 0 35,001 105,002 Notes 0 53,000 471,999 Bonds 0 12,999 48,994 Inflation-Protected Securities Increment -10 -159 7,853 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 5 73 180 Interest Increment 0 484 1,513 Government Account Series 230,283 4,319,714 14,198,348 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 2,996 17,435 39,163 Other 777 16,999 53,804 Total Issues $ 234,045 $ 4,880,527 $ 16,286,820 (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 $ 500,999 $ 1,427,003 Notes 0 40,217 299,177 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 69 1,148 2,758 Government Account Series 232,093 4,341,664 14,199,849 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 2,886 12,560 33,935 Other 778 17,026 53,877 Total Redemptions $ 235,827 $ 4,913,614 $ 16,016,600 Net Change in Public Debt Outstanding $ -1,782 $ -33,087 $ 270,220 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, December 28, 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) $ 234,045 $ 4,880,527 $ 16,286,820 Premium on New Issues 0 0 1,615 Discount on New Issues: Bills (-) 0 142 540 Bonds and Notes (-) 0 557 1,937 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 230,283 4,319,714 14,198,348 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 484 1,513 Inflation-Protected Securities Increment -10 -159 7,621 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 3,772 $ 559,789 $ 2,078,476 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 235,827 $ 4,913,614 $ 16,016,600 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 (-) 232,093 4,341,664 14,199,849 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 3,733 $ 571,950 $ 1,816,751 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, December 28, 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 $ 11,546,673 $ 11,546,344 $ 11,553,201 $ 11,269,586 Intragovernmental Holdings 4,789,788 4,791,900 4,816,348 4,796,656 Total Public Debt Outstanding 16,336,462 16,338,243 16,369,549 16,066,241 Less: Debt Not Subject to Limit: Other Debt 486 486 486 486 Unamortized Discount 30,348 30,360 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 $ 16,298,022 $ 16,299,792 $ 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 28, 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 $ 8,325 $ 164,833 $ 457,641 Individual Income Taxes 86 975 2,935 Railroad Retirement Taxes 11 330 1,071 Excise Taxes 2,038 6,069 19,109 Corporation Income Taxes 274 59,777 73,083 Federal Unemployment Taxes 5 46 632 Estate and Gift Taxes & Misc IRS Rcpts. 2 21 81 Total $ 10,739 $ 232,052 $ 554,552 Cash Federal Tax Deposits: Direct $ 805 $ 2,487 $ 7,972 Through Depositaries 9,916 223,635 526,646 Total Cash FTD's $ 10,722 $ 226,122 $ 534,618 Inter-agency Transfers 18 5,929 19,934 Total $ 10,739 $ 232,052 $ 554,552 ___________________________________________________________________________________________ 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 28, 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) $ 100 $ 2,191 $ 10,419 IRS Tax Refunds Business (EFT) 5 1,882 7,407 IRS Tax Refunds Individual (Checks) 6 1,951 12,173 IRS Tax Refunds Individual (EFT) 5 543 6,246 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.