1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, July 25, 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 $ 49,324 $ 50,966 $ 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 $ 49,324 $ 50,966 $ 134,858 $ 85,446 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, July 25, 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) $ 31 $ 613 $ 7,467 Air Transport Security Fees 1 15 1,779 Cash FTD's Received (Table IV) 2,583 144,897 1,913,232 Commodity Credit Corporation programs 21 640 6,901 Customs and Certain Excise Taxes 77 3,119 34,326 Deposits by States: Supplemental Security Income 4 82 3,341 Unemployment 141 1,074 40,734 Education Department programs 78 2,636 30,319 Energy Department programs 82 460 6,066 Estate and Gift Taxes 280 1,288 16,710 Federal Reserve Earnings 0 5,137 61,626 Foreign Deposits, Military Sales 29 1,920 19,310 Housing and Urban Development programs 2 437 4,176 Individual Income and Employment Taxes, Not Withheld 182 6,327 372,604 Interest recd from cash investments 0 0 0 Justice Department programs 10 356 6,532 Postal Service 275 6,002 72,467 Public Debt Cash Issues (Table III-B) 121,427 563,610 6,758,315 Other Deposits: Deposit Insurance Fund 402 407 6,900 Federal Housing Admin: Note Sales 55 1,802 18,131 Gas and Oil Lease Sales Proceeds 65 331 1,552 Medicare Premiums 104 2,055 20,970 TARP 36 1,148 34,992 Thrift Savings Plan Transfer 67 1,395 25,016 Total Other Deposits 729 7,854 214,392 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 125,952 746,467 9,570,297 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 125,952 $ 746,467 $ 9,570,297 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, July 25, 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 $ 23 $ 368 $ 15,993 Defense Vendor Payments (EFT) 1,652 20,962 280,452 Education Department programs 620 7,548 150,055 Energy Department programs 153 2,022 28,019 Federal Employees Insurance Payments 717 5,393 57,661 Fed. Highway Administration programs 298 3,420 32,819 Federal Salaries (EFT) 699 12,825 140,375 Food and Nutrition Service (misc) 183 7,569 86,998 GSA programs 57 1,292 16,085 Health and Human Services Grants (misc) 620 6,961 80,012 Housing and Urban Development programs 317 6,747 66,693 Interest on Treasury Securities 1 11,443 172,136 IRS Tax Refunds Business (EFT) 35 723 20,215 IRS Tax Refunds Individual (EFT) 40 1,901 236,009 Justice Department programs 68 1,159 12,454 Labor Dept. prgms (excl. unemployment) 86 868 11,744 Medicaid 1,818 19,459 213,130 Medicare 1,731 45,853 470,742 NASA programs 59 1,174 13,246 Postal Service Money Orders and Other 115 2,709 32,995 Public Debt Cash Redemp. (Table III-B) 116,465 552,604 6,127,503 Social Security Benefits (EFT) 50 61,289 596,067 Supple. Nutrition Assist. Program (SNAP) 21 302 3,207 Temporary Assistance for Needy Families (HHS) 57 1,427 14,070 Transportation Security Admin. (DHS) 1 13 474 Unemployment Insurance Benefits 168 4,373 58,019 Veterans Affairs programs 145 3,166 36,895 Other Withdrawals: Agency for Internat'l Development 302 1,225 10,451 Agriculture 52 735 9,386 Export-Import Bank 148 269 4,997 Federal Railroad Admin. 52 247 2,176 State Department 110 717 7,554 Unclassified 732 16,069 240,405 Total, Other Withdrawals 1,396 48,432 632,350 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 127,595 832,000 9,606,419 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 127,595 $ 832,000 $ 9,606,419 Net Change in Operating Cash Balance $ -1,643 $ -85,534 $ -36,122 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, July 25, 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 $ 120,005 $ 385,000 $ 4,471,898 Cash Management Series 0 0 240,006 Notes 0 152,001 1,614,984 Bonds 0 12,999 161,993 Inflation-Protected Securities Increment 52 1,150 14,269 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 1 34 840 Interest Increment 1 501 4,942 Government Account Series 229,435 3,971,690 46,650,793 Hope Bonds 0 0 0 Domestic Series 0 125 125 Foreign Series 0 0 0 State and Local Series 0 596 90,872 Other 1,462 16,861 184,495 Total Issues $ 350,955 $ 4,540,958 $ 53,435,218 (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 $ 114,989 $ 398,991 $ 4,771,954 Notes 0 118,634 1,051,009 Bonds 0 0 1 Federal Financing Bank 0 0 1,416 Nonmarketable: United States Savings Securities 34 718 8,667 Government Account Series 234,459 3,988,537 46,634,403 Hope Bonds 0 0 0 Domestic Series 0 125 125 Foreign Series 0 0 0 State and Local Series 0 17,319 111,233 Other 1,442 16,817 184,514 Total Redemptions $ 350,925 $ 4,541,142 $ 52,763,323 Net Change in Public Debt Outstanding $ 31 $ -184 $ 671,895 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, July 25, 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) $ 350,955 $ 4,540,958 $ 53,435,218 Premium on New Issues 0 0 7,226 Discount on New Issues: Bills (-) 41 82 1,449 Bonds and Notes (-) 0 3,924 13,351 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 229,435 3,971,690 46,650,793 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 501 4,942 Inflation-Protected Securities Increment 52 1,150 13,593 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 121,427 $ 563,610 $ 6,758,315 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 350,925 $ 4,541,142 $ 52,763,323 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 (-) 234,459 3,988,537 46,634,403 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 116,465 $ 552,604 $ 6,127,503 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, July 25, 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 $ 11,923,178 $ 11,923,168 $ 11,901,292 $ 11,269,586 Intragovernmental Holdings 4,814,958 4,814,938 4,837,028 4,796,656 Total Public Debt Outstanding 16,738,136 16,738,106 16,738,320 16,066,241 Less: Debt Not Subject to Limit: Other Debt 485 486 486 486 Unamortized Discount 32,066 32,035 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 Thursday, July 25, 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 $ 1,999 $ 137,355 $ 1,615,036 Individual Income Taxes 37 659 50,693 Railroad Retirement Taxes 41 393 4,405 Excise Taxes 503 4,085 62,039 Corporation Income Taxes 192 8,837 243,034 Federal Unemployment Taxes 12 124 7,568 Estate and Gift Taxes & Misc IRS Rcpts. 1 126 654 Total $ 2,786 $ 151,579 $ 1,983,429 Cash Federal Tax Deposits: Direct $ 199 $ 1,986 $ 28,593 Through Depositaries 2,383 142,911 1,884,639 Total Cash FTD's $ 2,583 $ 144,897 $ 1,913,232 Inter-agency Transfers 203 6,682 70,197 Total $ 2,786 $ 151,579 $ 1,983,429 ___________________________________________________________________________________________ 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 Thursday, July 25, 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) $ 25 $ 1,723 $ 27,650 IRS Tax Refunds Business (EFT) 35 723 20,215 IRS Tax Refunds Individual (Checks) 88 2,000 66,396 IRS Tax Refunds Individual (EFT) 40 1,901 236,009 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.