1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, December 24, 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 $ 93,893 $ 110,066 $ 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 $ 93,893 $ 110,066 $ 33,433 $ 88,386 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, December 24, 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) $ 70 $ 453 $ 1,612 Air Transport Security Fees 2 35 433 Cash FTD's Received (Table IV) 5,532 209,966 541,786 Commodity Credit Corporation programs 25 431 1,192 Customs and Certain Excise Taxes 77 3,140 10,695 Deposits by States: Supplemental Security Income 7 48 775 Unemployment 8 367 7,716 Education Department programs 292 2,606 9,594 Energy Department programs 60 307 1,480 Estate and Gift Taxes 36 1,003 4,955 Federal Reserve Earnings 0 5,498 20,698 Foreign Deposits, Military Sales 4 1,971 6,873 Housing and Urban Development programs 1 235 901 Individual Income and Employment Taxes, Not Withheld 584 6,439 28,022 Interest recd from cash investments 0 0 0 Justice Department programs 9 4,215 6,177 Postal Service 449 6,862 21,965 Public Debt Cash Issues (Table III-B) 878 498,186 1,817,781 Other Deposits: Corps of Engineers 56 115 219 Federal Housing Admin: Note Sales 55 1,691 5,419 Medicare Premiums 96 1,933 6,392 Total Other Deposits 207 7,569 41,115 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 8,242 749,331 2,523,771 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 8,242 $ 749,331 $ 2,523,771 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, December 24, 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 $ 74 $ 1,189 $ 8,361 Defense Vendor Payments (EFT) 2,731 26,169 76,445 Education Department programs 557 8,397 33,590 Energy Department programs 129 2,166 7,672 Federal Employees Insurance Payments 604 4,539 16,647 Fed. Highway Administration programs 6 2,814 10,836 Federal Salaries (EFT) 432 12,222 39,268 Food and Nutrition Service (misc) 336 7,587 24,685 GSA programs 84 1,299 4,362 Health and Human Services Grants (misc) 417 6,513 22,050 Housing and Urban Development programs 255 5,893 18,850 Interest on Treasury Securities 0 6,231 44,992 IRS Tax Refunds Business (EFT) 72 776 4,276 IRS Tax Refunds Individual (EFT) 18 582 7,115 Justice Department programs 82 938 3,639 Labor Dept. prgms (excl. unemployment) 68 973 3,312 Medicaid 492 18,326 62,677 Medicare 1,752 25,246 138,111 NASA programs 172 1,675 4,188 Postal Service Money Orders and Other 161 2,629 8,994 Public Debt Cash Redemp. (Table III-B) 916 447,052 1,592,021 Social Security Benefits (EFT) 12,690 62,572 186,301 Supple. Nutrition Assist. Program (SNAP) 61 280 961 Temporary Assistance for Needy Families (HHS) 27 1,157 3,780 Transportation Security Admin. (DHS) 1 26 72 Unemployment Insurance Benefits 380 3,972 12,748 Veterans Affairs programs 179 2,705 11,476 Other Withdrawals: Agriculture 150 1,127 3,124 Customs and Borders Protection (DHS) 75 314 762 Emergency Prep & Response (DHS) 52 701 2,537 Federal Aviation Administration 91 632 2,039 Federal Crop Ins. Corp. 81 1,564 4,741 Federal Transit Admin. 84 874 2,713 Pmt. to Int'l Bk for Reconstruction 67 67 67 State Department 117 1,172 2,876 Unclassified 1,003 16,775 57,298 Total, Other Withdrawals 1,720 34,942 170,833 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 24,414 688,871 2,518,264 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 24,414 $ 688,871 $ 2,518,264 Net Change in Operating Cash Balance $ -16,173 $ 60,461 $ 5,507 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, December 24, 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 $ 316,997 $ 1,261,972 Cash Management Series 0 0 81,002 Notes 0 146,997 360,997 Bonds 0 13,000 48,995 Inflation-Protected Securities Increment -79 -1,757 608 Federal Financing Bank 0 0 9,305 Nonmarketable: United States Savings Securities: Cash Issue Price 3 46 128 Interest Increment 1 443 1,368 Government Account Series 251,934 4,218,809 13,132,951 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 13 5,984 14,231 Other 862 16,119 54,148 Total Issues $ 252,734 $ 4,716,638 $ 14,965,705 (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 $ 325,001 $ 1,259,994 Notes 0 96,873 254,038 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 51 708 2,130 Government Account Series 254,386 4,238,650 12,863,778 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 8,382 21,772 Other 865 16,088 54,088 Total Redemptions $ 255,302 $ 4,685,702 $ 14,455,800 Net Change in Public Debt Outstanding $ -2,568 $ 30,937 $ 509,905 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, December 24, 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) $ 252,734 $ 4,716,638 $ 14,965,705 Premium on New Issues 0 0 0 Discount on New Issues: Bills (-) 0 92 368 Bonds and Notes (-) 0 865 3,500 Federal Financing Bank (-) 0 0 9,305 Government Account Transactions (-) 251,934 4,218,809 13,132,951 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 443 1,368 Inflation-Protected Securities Increment -79 -1,757 430 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 878 $ 498,186 $ 1,817,781 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 255,302 $ 4,685,702 $ 14,455,800 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 (-) 254,386 4,238,650 12,863,778 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 916 $ 447,052 $ 1,592,021 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, December 24, 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 $ 12,331,879 $ 12,331,804 $ 12,281,126 $ 11,976,279 Intragovernmental Holdings 4,916,209 4,918,852 4,936,025 4,761,904 Total Public Debt Outstanding 17,248,088 17,250,656 17,217,152 16,738,184 Less: Debt Not Subject to Limit: Other Debt 485 485 485 485 Unamortized Discount 32,029 32,039 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 $ 17,200,081 $ 17,202,638 $ 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 Tuesday, December 24, 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 $ 5,315 $ 151,711 $ 467,630 Individual Income Taxes 86 854 3,556 Railroad Retirement Taxes 43 314 1,142 Excise Taxes 147 3,492 15,732 Corporation Income Taxes 108 59,928 74,210 Federal Unemployment Taxes 3 39 653 Estate and Gift Taxes & Misc IRS Rcpts. 1 65 185 Total $ 5,703 $ 216,403 $ 563,108 Cash Federal Tax Deposits: Direct $ 104 $ 1,528 $ 7,148 Through Depositaries 5,428 208,438 534,638 Total Cash FTD's $ 5,532 $ 209,966 $ 541,786 Inter-agency Transfers 171 6,437 21,322 Total $ 5,703 $ 216,403 $ 563,108 ___________________________________________________________________________________________ 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 Tuesday, December 24, 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) $ 257 $ 2,686 $ 9,311 IRS Tax Refunds Business (EFT) 72 776 4,276 IRS Tax Refunds Individual (Checks) 26 2,882 11,527 IRS Tax Refunds Individual (EFT) 18 582 7,115 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.