1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, December 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 $ 20,065 $ 21,490 $ 33,433 $ 88,386 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 20,065 $ 21,490 $ 33,433 $ 88,386 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, December 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) $ 11 $ 202 $ 1,361 Air Transport Security Fees 0 5 404 Cash FTD's Received (Table IV) 5,348 68,255 400,075 Commodity Credit Corporation programs 24 217 979 Customs and Certain Excise Taxes 76 634 8,189 Deposits by States: Supplemental Security Income 2 22 748 Unemployment 33 198 7,547 Education Department programs 89 1,314 8,302 Energy Department programs 6 83 1,256 Estate and Gift Taxes 91 602 4,553 Federal Reserve Earnings 0 3,404 18,603 Foreign Deposits, Military Sales 124 1,391 6,294 Housing and Urban Development programs 31 102 768 Individual Income and Employment Taxes, Not Withheld 266 2,663 24,246 Interest recd from cash investments 0 0 0 Justice Department programs 17 2,654 4,616 Postal Service 370 3,630 18,733 Public Debt Cash Issues (Table III-B) 127,295 335,355 1,654,951 Other Deposits: Deposit Insurance Fund 727 729 2,141 Medicare Premiums 54 490 4,949 TARP 58 964 10,056 Total Other Deposits 840 4,348 37,894 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 134,622 425,080 2,199,520 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 134,622 $ 425,080 $ 2,199,520 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, December 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 $ 108 $ 633 $ 7,805 Defense Vendor Payments (EFT) 1,509 11,723 61,999 Education Department programs 470 4,149 29,342 Energy Department programs 125 829 6,336 Federal Employees Insurance Payments 328 2,349 14,457 Fed. Highway Administration programs 162 1,481 9,503 Federal Salaries (EFT) 723 6,613 33,659 Food and Nutrition Service (misc) 461 3,989 21,086 GSA programs 47 809 3,873 Health and Human Services Grants (misc) 615 3,301 18,838 Housing and Urban Development programs 136 4,016 16,973 Interest on Treasury Securities 0 5,795 44,555 IRS Tax Refunds Business (EFT) 12 428 3,928 IRS Tax Refunds Individual (EFT) 15 404 6,937 Justice Department programs 35 376 3,077 Labor Dept. prgms (excl. unemployment) 67 399 2,738 Medicaid 1,826 10,477 54,828 Medicare 1,000 12,925 125,791 NASA programs 104 926 3,439 Postal Service Money Orders and Other 134 1,527 7,892 Public Debt Cash Redemp. (Table III-B) 126,463 304,182 1,449,152 Social Security Benefits (EFT) 35 37,207 160,937 Supple. Nutrition Assist. Program (SNAP) 40 141 822 Temporary Assistance for Needy Families (HHS) 168 519 3,141 Transportation Security Admin. (DHS) 1 20 66 Unemployment Insurance Benefits 159 2,178 10,954 Veterans Affairs programs 97 1,468 10,239 Other Withdrawals: Agency for Internat'l Development 60 392 2,579 Federal Crop Ins. Corp. 100 872 4,049 Federal Transit Admin. 74 259 2,098 Thrift Savings Plan Transfer 66 1,026 12,506 Unclassified 907 8,582 49,105 Total, Other Withdrawals 1,206 19,585 155,475 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 136,048 438,448 2,267,841 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 136,048 $ 438,448 $ 2,267,841 Net Change in Operating Cash Balance $ -1,425 $ -13,368 $ -68,321 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, December 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 $ 124,003 $ 227,996 $ 1,172,970 Cash Management Series 0 0 81,002 Notes 0 96,000 310,000 Bonds 0 0 35,995 Inflation-Protected Securities Increment -80 -802 1,562 Federal Financing Bank 0 0 9,305 Nonmarketable: United States Savings Securities: Cash Issue Price 2 22 104 Interest Increment 0 439 1,364 Government Account Series 256,277 2,246,830 11,160,972 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 1,978 3,018 11,265 Other 1,366 8,776 46,805 Total Issues $ 383,546 $ 2,582,279 $ 12,831,345 (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 $ 125,003 $ 225,002 $ 1,159,995 Notes 0 64,405 221,570 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 38 375 1,797 Government Account Series 253,522 2,269,233 10,894,361 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 68 5,632 19,022 Other 1,354 8,767 46,767 Total Redemptions $ 379,985 $ 2,573,415 $ 12,343,513 Net Change in Public Debt Outstanding $ 3,561 $ 8,864 $ 487,832 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, December 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) $ 383,546 $ 2,582,279 $ 12,831,345 Premium on New Issues 0 0 0 Discount on New Issues: Bills (-) 54 74 351 Bonds and Notes (-) 0 382 3,017 Federal Financing Bank (-) 0 0 9,305 Government Account Transactions (-) 256,277 2,246,830 11,160,972 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 439 1,364 Inflation-Protected Securities Increment -80 -802 1,385 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 127,295 $ 335,355 $ 1,654,951 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 379,985 $ 2,573,415 $ 12,343,513 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 (-) 253,522 2,269,233 10,894,361 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 126,463 $ 304,182 $ 1,449,152 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, December 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 $ 12,312,262 $ 12,311,562 $ 12,281,126 $ 11,976,279 Intragovernmental Holdings 4,913,754 4,910,892 4,936,025 4,761,904 Total Public Debt Outstanding 17,226,016 17,222,455 17,217,152 16,738,184 Less: Debt Not Subject to Limit: Other Debt 485 485 485 485 Unamortized Discount 32,136 32,093 32,186 32,113 Federal Financing Bank 15,000 15,000 15,000 5,695 Hope Bonds 494 494 494 494 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 0 0 0 0 Total Public Debt Subject to Limit $ 17,177,901 $ 17,174,383 $ 17,168,987 $ 16,699,396 Statutory Debt Limit * * * $ 16,699,421 *Statutory debt limit temporarily suspended through February 7, 2014. 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, December 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 $ 2,482 $ 66,896 $ 382,815 Individual Income Taxes 33 306 3,008 Railroad Retirement Taxes 5 129 957 Excise Taxes 340 976 13,216 Corporation Income Taxes 2,688 4,176 18,458 Federal Unemployment Taxes 1 13 627 Estate and Gift Taxes & Misc IRS Rcpts. 1 12 131 Total $ 5,550 $ 72,508 $ 419,212 Cash Federal Tax Deposits: Direct $ 79 $ 301 $ 5,920 Through Depositaries 5,269 67,955 394,155 Total Cash FTD's $ 5,348 $ 68,255 $ 400,075 Inter-agency Transfers 203 4,252 19,137 Total $ 5,550 $ 72,508 $ 419,212 ___________________________________________________________________________________________ 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, December 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) $ 68 $ 1,517 $ 8,142 IRS Tax Refunds Business (EFT) 12 428 3,928 IRS Tax Refunds Individual (Checks) 39 1,351 9,995 IRS Tax Refunds Individual (EFT) 15 404 6,937 This statement summarizes the United States Treasury's cash and debt operations for the Federal Government. Treasury's operating cash is maintained in an account 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, various electronic systems, and information on the Public Debt. Information is presented on a modified cash basis. Deposits are reflected as received and withdrawals are reflected as processed. SOURCE: Bureau of the Fiscal Service, Department of the Treasury. Note: The Daily Treasury Statement (DTS) is available by 4:00 p.m. the following business day on the Fiscal Service website www.fms.treas.gov/dts. For more information, call the Cash Forecasting Division at 202-874-9789.