1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, July 3, 2013 (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 $ 106,048 $ 127,801 $ 134,858 $ 85,446 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 106,048 $ 127,801 $ 134,858 $ 85,446 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, July 3, 2013 (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) $ 11 $ 170 $ 7,024 Air Transport Security Fees 0 3 1,767 Cash FTD's Received (Table IV) 9,282 37,195 1,805,530 Commodity Credit Corporation programs 28 151 6,411 Customs and Certain Excise Taxes 61 203 31,409 Deposits by States: Supplemental Security Income 3 11 3,271 Unemployment 23 49 39,709 Education Department programs 101 494 28,177 Energy Department programs 17 47 5,654 Estate and Gift Taxes 193 338 15,760 Federal Reserve Earnings 539 539 57,028 Foreign Deposits, Military Sales 7 1,374 18,763 Housing and Urban Development programs 87 97 3,836 Individual Income and Employment Taxes, Not Withheld 764 1,569 367,847 Interest recd from cash investments 0 0 0 Justice Department programs 37 71 6,247 Postal Service 335 1,110 67,575 Public Debt Cash Issues (Table III-B) 783 101,596 6,296,300 Other Deposits: Federal Housing Admin: Note Sales 59 292 16,621 TARP 60 128 33,971 Total Other Deposits 119 2,271 208,809 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 12,391 147,288 8,971,119 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 12,391 $ 147,288 $ 8,971,119 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, July 3, 2013 (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 $ 45 $ 85 $ 15,710 Defense Vendor Payments (EFT) 1,146 3,015 262,505 Education Department programs 392 1,050 143,557 Energy Department programs 173 402 26,399 Federal Employees Insurance Payments 274 837 53,105 Fed. Highway Administration programs 163 593 29,993 Federal Salaries (EFT) 399 1,066 128,617 Food and Nutrition Service (misc) 337 965 80,395 GSA programs 95 614 15,406 Health and Human Services Grants (misc) 1,528 2,162 75,213 Housing and Urban Development programs 411 3,211 63,157 Interest on Treasury Securities 0 6,317 167,010 IRS Tax Refunds Business (EFT) 3 28 19,520 IRS Tax Refunds Individual (EFT) 385 500 234,607 Justice Department programs 81 169 11,464 Labor Dept. prgms (excl. unemployment) 58 141 11,016 Medicaid 356 1,526 195,197 Medicare 1,427 24,008 448,898 NASA programs 34 224 12,297 Postal Service Money Orders and Other 146 450 30,736 Public Debt Cash Redemp. (Table III-B) 824 76,160 5,651,059 Social Security Benefits (EFT) 24,198 24,420 559,205 Supple. Nutrition Assist. Program (SNAP) 12 46 2,951 Temporary Assistance for Needy Families (HHS) 27 106 12,750 Transportation Security Admin. (DHS) 2 2 463 Unemployment Insurance Benefits 294 857 54,504 Veterans Affairs programs 177 762 34,492 Other Withdrawals: Agency for Internat'l Development 53 140 9,366 Federal Transit Admin. 85 219 8,378 State Department 52 145 6,982 Thrift Savings Plan Transfer 114 294 23,946 Unclassified 850 2,612 226,941 Total, Other Withdrawals 1,156 26,381 610,291 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 34,143 176,098 8,950,516 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 34,143 $ 176,098 $ 8,950,516 Net Change in Operating Cash Balance $ -21,753 $ -28,809 $ 20,602 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, July 3, 2013 (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 $ 0 $ 4,086,897 Cash Management Series 0 0 240,006 Notes 0 99,000 1,561,984 Bonds 0 0 148,994 Inflation-Protected Securities Increment 53 9 13,129 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 1 7 813 Interest Increment 1 492 4,933 Government Account Series 217,846 630,205 43,309,308 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 1 515 90,791 Other 781 2,402 170,037 Total Issues $ 218,683 $ 732,632 $ 49,626,891 (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 $ 0 $ 4,372,963 Notes 0 58,272 990,647 Bonds 0 0 1 Federal Financing Bank 0 0 1,416 Nonmarketable: United States Savings Securities 41 139 8,088 Government Account Series 217,870 656,504 43,302,370 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 15,338 109,252 Other 783 2,411 170,109 Total Redemptions $ 218,694 $ 732,664 $ 48,954,845 Net Change in Public Debt Outstanding $ -11 $ -32 $ 672,046 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, July 3, 2013 (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) $ 218,683 $ 732,632 $ 49,626,891 Premium on New Issues 0 0 7,226 Discount on New Issues: Bills (-) 0 0 1,367 Bonds and Notes (-) 0 329 9,756 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 217,846 630,205 43,309,308 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 492 4,933 Inflation-Protected Securities Increment 53 9 12,452 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 783 $ 101,596 $ 6,296,300 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 218,694 $ 732,664 $ 48,954,845 Premium on Debt Buyback Operation 0 0 0 Discount on Debt Buyback Operation (-) 0 0 0 Federal Financing Bank (-) 0 0 1,416 Government Account Transactions (-) 217,870 656,504 43,302,370 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 824 $ 76,160 $ 5,651,059 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, July 3, 2013 (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 $ 11,925,730 $ 11,907,461 $ 11,901,292 $ 11,269,586 Intragovernmental Holdings 4,812,558 4,830,837 4,837,028 4,796,656 Total Public Debt Outstanding 16,738,288 16,738,299 16,738,320 16,066,241 Less: Debt Not Subject to Limit: Other Debt 486 486 486 486 Unamortized Discount 32,217 32,228 32,250 31,130 Federal Financing Bank 5,695 5,695 5,695 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 $ 16,699,396 $ 16,699,396 $ 16,699,396 $ 16,027,021 Statutory Debt Limit $ 16,699,421 $ 16,699,421 $ 16,699,421 $ 16,394,000 As of May 19, 2013 the debt limit was increased to $16,699,421,095,673.60. 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, July 3, 2013 (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 $ 9,190 $ 38,996 $ 1,516,676 Individual Income Taxes 31 124 50,158 Railroad Retirement Taxes 3 84 4,096 Excise Taxes 27 75 58,028 Corporation Income Taxes 39 208 234,405 Federal Unemployment Taxes 5 14 7,458 Estate and Gift Taxes & Misc IRS Rcpts. 6 67 596 Total $ 9,301 $ 39,567 $ 1,871,417 Cash Federal Tax Deposits: Direct $ 32 $ 153 $ 26,761 Through Depositaries 9,250 37,041 1,778,769 Total Cash FTD's $ 9,282 $ 37,195 $ 1,805,530 Inter-agency Transfers 19 2,372 65,888 Total $ 9,301 $ 39,567 $ 1,871,417 ___________________________________________________________________________________________ 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, July 3, 2013 (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) $ 15 $ 319 $ 26,246 IRS Tax Refunds Business (EFT) 3 28 19,520 IRS Tax Refunds Individual (Checks) 44 141 64,537 IRS Tax Refunds Individual (EFT) 385 500 234,607 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.