1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, July 15, 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 $ 74,847 $ 68,046 $ 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 $ 74,847 $ 68,046 $ 134,858 $ 85,446 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, July 15, 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) $ 75 $ 406 $ 7,260 Air Transport Security Fees 1 6 1,770 Cash FTD's Received (Table IV) 20,537 96,247 1,864,582 Commodity Credit Corporation programs 25 366 6,627 Customs and Certain Excise Taxes 70 733 31,940 Deposits by States: Supplemental Security Income 5 41 3,301 Unemployment 48 296 39,956 Education Department programs 157 1,481 29,163 Energy Department programs 14 141 5,748 Estate and Gift Taxes 35 653 16,075 Federal Reserve Earnings 0 2,164 58,654 Foreign Deposits, Military Sales 24 1,720 19,109 Housing and Urban Development programs 0 160 3,899 Individual Income and Employment Taxes, Not Withheld 278 3,707 369,985 Interest recd from cash investments 0 0 0 Justice Department programs 14 208 6,384 Postal Service 334 3,614 70,079 Public Debt Cash Issues (Table III-B) 63,317 345,905 6,540,610 Other Deposits: Defense Finance & Accounting Service 70 330 5,998 Federal Housing Admin: Note Sales 64 1,285 17,614 Pension Benefit Guaranty Corp. 74 97 4,329 TARP 46 443 34,286 Thrift Savings Plan Transfer 162 1,076 24,697 Total Other Deposits 415 4,405 210,943 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 85,350 462,253 9,286,084 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 85,350 $ 462,253 $ 9,286,084 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, July 15, 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 $ 193 $ 15,818 Defense Vendor Payments (EFT) 1,191 11,027 270,517 Education Department programs 473 4,035 146,542 Energy Department programs 118 1,163 27,160 Federal Employees Insurance Payments 286 2,859 55,127 Fed. Highway Administration programs 176 1,931 31,330 Federal Salaries (EFT) 191 6,972 134,523 Food and Nutrition Service (misc) 930 5,049 84,479 GSA programs 0 996 15,788 Health and Human Services Grants (misc) 339 3,333 76,384 Housing and Urban Development programs 58 4,467 64,413 Interest on Treasury Securities 5,116 11,437 172,130 IRS Tax Refunds Business (EFT) 1/ -709 352 19,844 IRS Tax Refunds Individual (EFT) 49 949 235,057 Justice Department programs 61 589 11,884 Labor Dept. prgms (excl. unemployment) 50 423 11,298 Medicaid 427 12,413 206,084 Medicare 1,301 34,231 459,120 NASA programs 171 692 12,764 Postal Service Money Orders and Other 164 1,664 31,950 Public Debt Cash Redemp. (Table III-B) 63,278 336,573 5,911,472 Social Security Benefits (EFT) 48 36,827 571,605 Supple. Nutrition Assist. Program (SNAP) 8 216 3,121 Temporary Assistance for Needy Families (HHS) 263 863 13,506 Transportation Security Admin. (DHS) 1 7 468 Unemployment Insurance Benefits 170 2,396 56,042 Veterans Affairs programs 160 1,999 35,729 Other Withdrawals: HHS: Indian Health Service 75 266 5,557 Military Active Duty Pay (EFT) 2,776 6,711 68,145 Pmt. to Resolution Funding Corp (Treas) 527 527 2,503 Unclassified 833 9,213 233,549 Total, Other Withdrawals 4,211 38,608 622,526 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 78,549 522,263 9,296,682 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 78,549 $ 522,263 $ 9,296,682 Net Change in Operating Cash Balance $ 6,801 $ -60,010 $ -10,599 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, July 15, 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 $ -2 $ 174,995 $ 4,261,893 Cash Management Series 0 0 240,006 Notes 53,001 152,001 1,614,984 Bonds 13,000 13,000 161,994 Inflation-Protected Securities Increment 157 639 13,758 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 20 826 Interest Increment 0 496 4,936 Government Account Series 219,916 2,183,750 44,862,854 Hope Bonds 0 0 0 Domestic Series 0 125 125 Foreign Series 0 0 0 State and Local Series 81 596 90,872 Other 829 9,120 176,755 Total Issues $ 286,985 $ 2,534,743 $ 51,429,003 (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 60,362 118,634 1,051,009 Bonds 0 0 1 Federal Financing Bank 0 0 1,416 Nonmarketable: United States Savings Securities 38 417 8,366 Government Account Series 223,738 2,198,302 44,844,168 Hope Bonds 0 0 0 Domestic Series 125 125 125 Foreign Series 0 0 0 State and Local Series 1,925 17,311 111,226 Other 828 9,084 176,781 Total Redemptions $ 287,017 $ 2,534,875 $ 50,757,056 Net Change in Public Debt Outstanding $ -32 $ -132 $ 671,947 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, July 15, 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) $ 286,985 $ 2,534,743 $ 51,429,003 Premium on New Issues 0 0 7,226 Discount on New Issues: Bills (-) 0 28 1,395 Bonds and Notes (-) 3,595 3,924 13,351 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 219,916 2,183,750 44,862,854 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 496 4,936 Inflation-Protected Securities Increment 157 639 13,082 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 63,317 $ 345,905 $ 6,540,610 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 287,017 $ 2,534,875 $ 50,757,056 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 (-) 223,738 2,198,302 44,844,168 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 63,278 $ 336,573 $ 5,911,472 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, July 15, 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 $ 11,921,818 $ 11,925,651 $ 11,901,292 $ 11,269,586 Intragovernmental Holdings 4,816,370 4,812,570 4,837,028 4,796,656 Total Public Debt Outstanding 16,738,188 16,738,220 16,738,320 16,066,241 Less: Debt Not Subject to Limit: Other Debt 486 486 486 486 Unamortized Discount 32,118 32,150 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 Monday, July 15, 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 $ 13,932 $ 88,432 $ 1,566,113 Individual Income Taxes 86 390 50,425 Railroad Retirement Taxes 41 252 4,264 Excise Taxes 95 3,317 61,271 Corporation Income Taxes 6,402 8,229 242,427 Federal Unemployment Taxes 15 58 7,502 Estate and Gift Taxes & Misc IRS Rcpts. 1 96 624 Total $ 20,571 $ 100,775 $ 1,932,625 Cash Federal Tax Deposits: Direct $ 57 $ 1,348 $ 27,955 Through Depositaries 20,481 94,899 1,836,627 Total Cash FTD's $ 20,537 $ 96,247 $ 1,864,582 Inter-agency Transfers 34 4,528 68,043 Total $ 20,571 $ 100,775 $ 1,932,625 ___________________________________________________________________________________________ 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, July 15, 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) $ 32 $ 888 $ 26,815 IRS Tax Refunds Business (EFT) 1/ -709 352 19,844 IRS Tax Refunds Individual (Checks) 10 1,019 65,415 IRS Tax Refunds Individual (EFT) 49 949 235,057 1/Includes an adjustment of $709 million that was returned for Business Income Tax Refunds issued on July 11, 2013. 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.