1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, December 31, 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 $ 92,720 $ 58,766 $ 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 $ 92,720 $ 58,766 $ 48,947 $ 85,446 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, December 31, 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) $ 0 $ 590 $ 2,022 Air Transport Security Fees 125 179 565 Cash FTD's Received (Table IV) 21,451 247,573 556,069 Commodity Credit Corporation programs 30 671 1,760 Customs and Certain Excise Taxes 71 4,083 11,172 Deposits by States: Supplemental Security Income 4 370 1,103 Unemployment 138 735 7,760 Education Department programs 178 2,593 8,725 Energy Department programs 53 437 1,670 Estate and Gift Taxes 68 1,084 3,294 Federal Reserve Earnings 0 7,119 21,808 Foreign Deposits, Military Sales 24 1,516 5,441 Housing and Urban Development programs 3 376 993 Individual Income and Employment Taxes, Not Withheld 365 8,511 27,133 Interest recd from cash investments 0 0 0 Justice Department programs 18 1,993 3,353 Postal Service 348 7,577 23,114 Public Debt Cash Issues (Table III-B) 114,799 674,588 2,193,275 Other Deposits: Defense Finance & Accounting Service 62 661 1,936 Federal Finance Bank 412 623 822 FSA Tobacco Assessments 170 222 231 Federal Housing Admin: Note Sales 76 1,670 5,029 GSE Dividends 4,849 4,849 4,849 Medicare Premiums 116 2,125 6,220 Minerals Management Svc/Collections 634 920 3,206 Thrift Savings Plan Transfer 506 3,061 5,976 Total Other Deposits 6,826 31,223 55,606 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 144,499 991,216 2,924,862 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) 144,499 991,216 2,924,862 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, December 31, 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 $ 73 $ 1,704 $ 10,290 Defense Vendor Payments (EFT) 1,395 31,619 92,242 Education Department programs 1,581 12,299 39,713 Energy Department programs 194 2,919 9,007 Federal Employees Insurance Payments 390 5,692 17,605 Fed. Highway Administration programs 18 3,574 11,602 Federal Salaries (EFT) 332 14,062 43,880 Food and Nutrition Service (misc) 387 9,208 26,770 GSA programs 70 1,565 4,972 Health and Human Services Grants (misc) 467 8,105 23,579 Housing and Urban Development programs 181 6,897 19,581 Interest on Treasury Securities 6,018 7,137 57,519 IRS Tax Refunds Business (EFT) 0 1,882 7,407 IRS Tax Refunds Individual (EFT) 0 543 6,246 Justice Department programs 41 1,272 4,176 Labor Dept. prgms (excl. unemployment) 40 1,218 3,642 Medicaid 447 21,394 64,524 Medicare 1,429 29,757 143,448 NASA programs 0 1,852 4,615 Postal Service Money Orders and Other 433 3,314 10,060 Public Debt Cash Redemp. (Table III-B) 79,490 651,440 1,896,241 Social Security Benefits (EFT) 0 58,498 172,758 Supple. Nutrition Assist. Program (SNAP) 23 288 1,054 Temporary Assistance for Needy Families (HHS) 15 1,392 4,695 Transportation Security Admin. (DHS) 0 115 267 Unemployment Insurance Benefits 246 5,966 18,077 Veterans Affairs programs 577 3,334 11,812 Other Withdrawals: Emergency Prep & Response (DHS) 85 2,410 5,571 Federal Crop Ins. Corp. 130 3,247 9,176 Military Active Duty Pay (EFT) 3,779 6,783 24,494 Military Retirement (EFT) 3,733 4,045 15,679 Supple. Security Income Benefits (EFT) 3,672 3,971 15,047 Veterans Benefits (EFT) 4,411 4,806 18,486 Unclassified 888 22,590 71,945 Total, Other Withdrawals 16,697 60,401 211,808 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 110,545 947,442 2,917,587 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) 110,545 947,442 2,917,587 Net Change in Operating Cash Balance $ 33,955 $ 43,774 $ 7,275 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, December 31, 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 $ 424,979 $ 1,359,963 Cash Management Series 0 35,001 105,002 Notes 113,000 166,000 584,998 Bonds 0 12,999 48,994 Inflation-Protected Securities Increment 226 68 8,079 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 11 84 191 Interest Increment 0 484 1,513 Government Account Series 299,371 4,619,085 14,497,719 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 6 17,441 39,169 Other 823 17,823 54,628 Total Issues $ 413,437 $ 5,293,964 $ 16,700,257 (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 $ 25,000 $ 525,999 $ 1,452,003 Notes 52,412 92,629 351,588 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 94 1,242 2,852 Government Account Series 237,678 4,579,342 14,437,527 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 1,161 13,721 35,096 Other 824 17,850 54,701 Total Redemptions $ 317,168 $ 5,230,782 $ 16,333,768 Net Change in Public Debt Outstanding $ 96,268 $ 63,181 $ 366,489 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, December 31, 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) $ 413,437 $ 5,293,964 $ 16,700,257 Premium on New Issues 1,009 1,009 2,624 Discount on New Issues: Bills (-) 0 142 540 Bonds and Notes (-) 326 883 2,263 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 299,371 4,619,085 14,497,719 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 484 1,513 Inflation-Protected Securities Increment -51 -209 7,570 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 114,799 $ 674,588 $ 2,193,275 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 317,168 $ 5,230,782 $ 16,333,768 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 (-) 237,678 4,579,342 14,437,527 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 79,490 $ 651,440 $ 1,896,241 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, December 31, 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 $ 11,581,518 $ 11,546,673 $ 11,553,201 $ 11,269,586 Intragovernmental Holdings 4,851,213 4,789,788 4,816,348 4,796,656 Total Public Debt Outstanding 16,432,730 16,336,462 16,369,549 16,066,241 Less: Debt Not Subject to Limit: Other Debt 486 486 486 486 Unamortized Discount 30,664 30,348 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 $ 16,393,975 $ 16,298,022 $ 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 Monday, December 31, 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 $ 20,920 $ 185,753 $ 478,561 Individual Income Taxes 149 1,125 3,084 Railroad Retirement Taxes 57 387 1,128 Excise Taxes 36 6,105 19,145 Corporation Income Taxes 471 60,247 73,553 Federal Unemployment Taxes 12 58 643 Estate and Gift Taxes & Misc IRS Rcpts. 2 23 84 Total $ 21,647 $ 253,699 $ 576,199 Cash Federal Tax Deposits: Direct $ 37 $ 2,525 $ 8,009 Through Depositaries 21,414 245,049 548,060 Total Cash FTD's $ 21,451 $ 247,573 $ 556,069 Inter-agency Transfers 196 6,125 20,130 Total $ 21,647 $ 253,699 $ 576,199 ___________________________________________________________________________________________ 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 Monday, December 31, 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) $ 0 $ 2,191 $ 10,419 IRS Tax Refunds Business (EFT) 0 1,882 7,407 IRS Tax Refunds Individual (Checks) 351 1/ 2,302 1/ 12,524 IRS Tax Refunds Individual (EFT) 0 1/ 543 1/ 6,246 1/Does not include $10 million offset by FMS for the month of December 2012, and $132 million for the fiscal year-to-date for the Treasury Offset Program against Tax Refunds issued. 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.