1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, December 18, 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 $ 116,998 $ 123,776 $ 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 $ 116,998 $ 123,776 $ 33,433 $ 88,386 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, December 18, 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) $ 28 $ 314 $ 1,473 Air Transport Security Fees 1 8 406 Cash FTD's Received (Table IV) 9,834 173,014 504,833 Commodity Credit Corporation programs 25 323 1,085 Customs and Certain Excise Taxes 79 1,002 8,557 Deposits by States: Supplemental Security Income 4 33 760 Unemployment 27 293 7,643 Education Department programs 117 1,995 8,982 Energy Department programs 5 156 1,329 Estate and Gift Taxes 82 812 4,763 Federal Reserve Earnings 2,094 5,498 20,698 Foreign Deposits, Military Sales 3 1,807 6,709 Housing and Urban Development programs 31 112 777 Individual Income and Employment Taxes, Not Withheld 890 4,764 26,347 Interest recd from cash investments 0 0 0 Justice Department programs 13 4,119 6,081 Postal Service 368 5,232 20,335 Public Debt Cash Issues (Table III-B) 1,963 403,585 1,723,181 Other Deposits: Medicare Premiums 125 824 5,283 TARP 3 967 10,059 Thrift Savings Plan Transfer 50 263 8,414 Total Other Deposits 178 5,328 38,873 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 15,744 608,393 2,382,833 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 15,744 $ 608,393 $ 2,382,833 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, December 18, 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 $ 94 $ 881 $ 8,052 Defense Vendor Payments (EFT) 1,125 17,788 68,064 Education Department programs 572 5,945 31,137 Energy Department programs 76 1,366 6,872 Federal Employees Insurance Payments 259 3,348 15,455 Fed. Highway Administration programs 100 2,073 10,095 Federal Salaries (EFT) 143 7,057 34,103 Food and Nutrition Service (misc) 360 6,002 23,100 GSA programs 33 1,025 4,088 Health and Human Services Grants (misc) 352 4,743 20,281 Housing and Urban Development programs 212 4,922 17,880 Interest on Treasury Securities 0 6,231 44,991 IRS Tax Refunds Business (EFT) 72 581 4,081 IRS Tax Refunds Individual (EFT) 128 543 7,076 Justice Department programs 61 629 3,330 Labor Dept. prgms (excl. unemployment) 57 730 3,069 Medicaid 950 14,156 58,506 Medicare 2,893 18,604 131,469 NASA programs 59 1,184 3,698 Postal Service Money Orders and Other 118 2,017 8,381 Public Debt Cash Redemp. (Table III-B) 887 341,391 1,486,361 Social Security Benefits (EFT) 12,451 49,768 173,498 Supple. Nutrition Assist. Program (SNAP) 2 183 864 Temporary Assistance for Needy Families (HHS) 1/ -4 772 3,394 Transportation Security Admin. (DHS) 1 22 68 Unemployment Insurance Benefits 265 3,165 11,941 Veterans Affairs programs 166 2,072 10,843 Other Withdrawals: Agency for Internat'l Development 66 562 2,749 Agriculture 68 835 2,832 Federal Crop Ins. Corp. 89 1,242 4,419 Federal Transit Admin. 62 450 2,289 U.S. District Courts (net) -78 -279 -1,567 Unclassified 887 11,961 52,484 Total, Other Withdrawals 1,093 27,632 163,522 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 22,522 524,829 2,354,222 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 22,522 $ 524,829 $ 2,354,222 Net Change in Operating Cash Balance $ -6,778 $ 83,565 $ 28,612 1/Reported as a negative amount due to a return/reversal of $4 million. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, December 18, 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 $ 227,996 $ 1,172,970 Cash Management Series 0 0 81,002 Notes 0 146,997 360,997 Bonds 0 13,000 48,995 Inflation-Protected Securities Increment -80 -1,280 1,084 Federal Financing Bank 0 0 9,305 Nonmarketable: United States Savings Securities: Cash Issue Price 2 33 115 Interest Increment 1 440 1,366 Government Account Series 245,540 3,233,456 12,147,598 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 1,115 4,313 12,560 Other 846 12,186 50,215 Total Issues $ 247,424 $ 3,637,140 $ 13,886,207 (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 $ 225,002 $ 1,159,995 Notes 0 96,873 254,038 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 41 542 1,963 Government Account Series 256,315 3,254,091 11,879,220 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 6,807 20,197 Other 846 12,168 50,168 Total Redemptions $ 257,201 $ 3,595,482 $ 13,365,580 Net Change in Public Debt Outstanding $ -9,778 $ 41,658 $ 520,626 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, December 18, 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) $ 247,424 $ 3,637,140 $ 13,886,207 Premium on New Issues 0 0 0 Discount on New Issues: Bills (-) 0 74 351 Bonds and Notes (-) 0 865 3,500 Federal Financing Bank (-) 0 0 9,305 Government Account Transactions (-) 245,540 3,233,456 12,147,598 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 440 1,366 Inflation-Protected Securities Increment -80 -1,280 907 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,963 $ 403,585 $ 1,723,181 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 257,201 $ 3,595,482 $ 13,365,580 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 (-) 256,315 3,254,091 11,879,220 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 887 $ 341,391 $ 1,486,361 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, December 18, 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 $ 12,342,895 $ 12,341,903 $ 12,281,126 $ 11,976,279 Intragovernmental Holdings 4,915,915 4,926,685 4,936,025 4,761,904 Total Public Debt Outstanding 17,258,810 17,268,588 17,217,152 16,738,184 Less: Debt Not Subject to Limit: Other Debt 485 485 485 485 Unamortized Discount 32,073 32,084 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 $ 17,210,758 $ 17,220,525 $ 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 Wednesday, December 18, 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 $ 9,277 $ 114,514 $ 430,433 Individual Income Taxes 32 587 3,289 Railroad Retirement Taxes 3 218 1,047 Excise Taxes 16 3,182 15,422 Corporation Income Taxes 547 59,436 73,717 Federal Unemployment Taxes 2 28 642 Estate and Gift Taxes & Misc IRS Rcpts. 1 60 180 Total $ 9,879 $ 178,025 $ 524,729 Cash Federal Tax Deposits: Direct $ 51 $ 1,211 $ 6,831 Through Depositaries 9,783 171,803 498,003 Total Cash FTD's $ 9,834 $ 173,014 $ 504,833 Inter-agency Transfers 45 5,011 19,896 Total $ 9,879 $ 178,025 $ 524,729 ___________________________________________________________________________________________ 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, December 18, 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) $ 116 $ 2,032 $ 8,658 IRS Tax Refunds Business (EFT) 72 581 4,081 IRS Tax Refunds Individual (Checks) 26 2,209 10,854 IRS Tax Refunds Individual (EFT) 128 543 7,076 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.