1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, July 12, 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 $ 68,046 $ 67,430 $ 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 $ 68,046 $ 67,430 $ 134,858 $ 85,446 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, July 12, 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) $ 17 $ 330 $ 7,184 Air Transport Security Fees 0 6 1,770 Cash FTD's Received (Table IV) 8,370 75,709 1,844,044 Commodity Credit Corporation programs 36 342 6,602 Customs and Certain Excise Taxes 99 663 31,870 Deposits by States: Supplemental Security Income 4 36 3,296 Unemployment 43 249 39,908 Education Department programs 92 1,324 29,006 Energy Department programs 14 127 5,734 Estate and Gift Taxes 16 618 16,040 Federal Reserve Earnings 0 2,164 58,654 Foreign Deposits, Military Sales 7 1,696 19,085 Housing and Urban Development programs 25 159 3,899 Individual Income and Employment Taxes, Not Withheld 239 3,430 369,707 Interest recd from cash investments 0 0 0 Justice Department programs 12 194 6,370 Postal Service 292 3,280 69,745 Public Debt Cash Issues (Table III-B) 827 282,589 6,477,293 Other Deposits: Medicare Premiums 82 604 19,519 TARP 22 397 34,240 Total Other Deposits 104 3,989 210,528 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 10,198 376,904 9,200,734 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 10,198 $ 376,904 $ 9,200,734 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, July 12, 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 $ 17 $ 175 $ 15,800 Defense Vendor Payments (EFT) 1,138 9,836 269,326 Education Department programs 443 3,562 146,069 Energy Department programs 119 1,046 27,043 Federal Employees Insurance Payments 135 2,573 54,841 Fed. Highway Administration programs 173 1,755 31,155 Federal Salaries (EFT) 96 6,781 134,331 Food and Nutrition Service (misc) 367 4,120 83,549 GSA programs 0 996 15,788 Health and Human Services Grants (misc) 483 2,994 76,044 Housing and Urban Development programs 332 4,409 64,355 Interest on Treasury Securities 1 6,321 167,014 IRS Tax Refunds Business (EFT) 6 1,061 20,554 IRS Tax Refunds Individual (EFT) 111 901 235,008 Justice Department programs 53 528 11,823 Labor Dept. prgms (excl. unemployment) 39 373 11,248 Medicaid 1,909 11,986 205,657 Medicare 1,339 32,930 457,819 NASA programs 53 521 12,593 Postal Service Money Orders and Other 116 1,500 31,786 Public Debt Cash Redemp. (Table III-B) 864 273,294 5,848,194 Social Security Benefits (EFT) 47 36,778 571,557 Supple. Nutrition Assist. Program (SNAP) 100 208 3,113 Temporary Assistance for Needy Families (HHS) 247 600 13,243 Transportation Security Admin. (DHS) 1 6 468 Unemployment Insurance Benefits 125 2,225 55,872 Veterans Affairs programs 159 1,839 35,568 Other Withdrawals: Emergency Prep & Response (DHS) 54 344 18,310 HHS: Indian Health Service 66 191 5,482 Interior 104 358 7,922 TARP 12 12 3,055 Unclassified 875 8,381 232,717 Total, Other Withdrawals 1,110 34,398 618,316 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 9,582 443,715 9,218,134 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 9,582 $ 443,715 $ 9,218,134 Net Change in Operating Cash Balance $ 616 $ -66,811 $ -17,400 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, July 12, 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 $ 174,997 $ 4,261,894 Cash Management Series 0 0 240,006 Notes 0 99,000 1,561,984 Bonds 0 0 148,994 Inflation-Protected Securities Increment 53 482 13,601 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 18 823 Interest Increment 1 496 4,936 Government Account Series 223,512 1,963,835 44,642,938 Hope Bonds 0 0 0 Domestic Series 0 125 125 Foreign Series 0 0 0 State and Local Series 0 515 90,791 Other 826 8,291 175,925 Total Issues $ 224,393 $ 2,247,758 $ 51,142,018 (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 $ 191,002 $ 4,563,964 Notes 0 58,272 990,647 Bonds 0 0 1 Federal Financing Bank 0 0 1,416 Nonmarketable: United States Savings Securities 35 379 8,328 Government Account Series 223,539 1,974,564 44,620,429 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 15,386 109,301 Other 829 8,256 175,953 Total Redemptions $ 224,404 $ 2,247,858 $ 50,470,039 Net Change in Public Debt Outstanding $ -11 $ -100 $ 671,979 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, July 12, 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) $ 224,393 $ 2,247,758 $ 51,142,018 Premium on New Issues 0 0 7,226 Discount on New Issues: Bills (-) 0 28 1,395 Bonds and Notes (-) 0 329 9,756 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 223,512 1,963,835 44,642,938 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 496 4,936 Inflation-Protected Securities Increment 53 482 12,925 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 827 $ 282,589 $ 6,477,293 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 224,404 $ 2,247,858 $ 50,470,039 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 (-) 223,539 1,974,564 44,620,429 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 864 $ 273,294 $ 5,848,194 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, July 12, 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 $ 11,925,651 $ 11,924,366 $ 11,901,292 $ 11,269,586 Intragovernmental Holdings 4,812,570 4,813,865 4,837,028 4,796,656 Total Public Debt Outstanding 16,738,220 16,738,231 16,738,320 16,066,241 Less: Debt Not Subject to Limit: Other Debt 486 486 486 486 Unamortized Discount 32,150 32,160 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 Friday, July 12, 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 $ 4,864 $ 74,500 $ 1,552,180 Individual Income Taxes 38 304 50,338 Railroad Retirement Taxes 13 211 4,223 Excise Taxes 2,284 3,223 61,176 Corporation Income Taxes 1,166 1,827 236,025 Federal Unemployment Taxes 8 44 7,488 Estate and Gift Taxes & Misc IRS Rcpts. 2 96 624 Total $ 8,374 $ 80,204 $ 1,912,054 Cash Federal Tax Deposits: Direct $ 832 $ 1,291 $ 27,898 Through Depositaries 7,537 74,418 1,816,146 Total Cash FTD's $ 8,370 $ 75,709 $ 1,844,044 Inter-agency Transfers 4 4,494 68,010 Total $ 8,374 $ 80,204 $ 1,912,054 ___________________________________________________________________________________________ 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, July 12, 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) $ 58 $ 857 $ 26,784 IRS Tax Refunds Business (EFT) 6 1,061 20,554 IRS Tax Refunds Individual (Checks) 9 1,009 65,405 IRS Tax Refunds Individual (EFT) 111 901 235,008 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.