1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, December 26, 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 $ 75,253 $ 93,893 $ 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 $ 75,253 $ 93,893 $ 33,433 $ 88,386 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, December 26, 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) $ 15 $ 468 $ 1,627 Air Transport Security Fees 5 40 438 Cash FTD's Received (Table IV) 9,512 219,478 551,298 Commodity Credit Corporation programs 22 452 1,214 Customs and Certain Excise Taxes 64 3,204 10,759 Deposits by States: Supplemental Security Income 4 52 779 Unemployment 11 377 7,727 Education Department programs 83 2,689 9,676 Energy Department programs 125 432 1,606 Estate and Gift Taxes 39 1,042 4,994 Federal Reserve Earnings 1,593 7,091 22,291 Foreign Deposits, Military Sales 18 1,989 6,891 Housing and Urban Development programs 3 238 904 Individual Income and Employment Taxes, Not Withheld 1,198 7,637 29,220 Interest recd from cash investments 0 0 0 Justice Department programs 10 4,225 6,187 Postal Service 258 7,120 22,223 Public Debt Cash Issues (Table III-B) 80,458 578,644 1,898,240 Other Deposits: Defense Finance & Accounting Service 58 552 1,672 Total Other Deposits 58 7,627 41,173 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 93,475 842,806 2,617,246 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 93,475 $ 842,806 $ 2,617,246 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, December 26, 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 $ 36 $ 1,225 $ 8,397 Defense Vendor Payments (EFT) 1,095 27,264 77,540 Education Department programs 348 8,745 33,938 Energy Department programs 171 2,337 7,843 Federal Employees Insurance Payments 494 5,033 17,141 Fed. Highway Administration programs 329 3,143 11,165 Federal Salaries (EFT) 785 13,007 40,053 Food and Nutrition Service (misc) 343 7,931 25,028 GSA programs 43 1,341 4,405 Health and Human Services Grants (misc) 255 6,767 22,305 Housing and Urban Development programs 307 6,199 19,157 Interest on Treasury Securities 0 6,231 44,992 IRS Tax Refunds Business (EFT) 127 904 4,403 IRS Tax Refunds Individual (EFT) 109 691 7,224 Justice Department programs 50 988 3,689 Labor Dept. prgms (excl. unemployment) 70 1,042 3,382 Medicaid 2,089 20,415 64,766 Medicare 1,995 27,241 140,106 NASA programs 59 1,733 4,247 Postal Service Money Orders and Other 128 2,757 9,122 Public Debt Cash Redemp. (Table III-B) 101,487 548,538 1,693,508 Social Security Benefits (EFT) 1 62,573 186,302 Supple. Nutrition Assist. Program (SNAP) 9 290 970 Temporary Assistance for Needy Families (HHS) 91 1,249 3,872 Transportation Security Admin. (DHS) 1 26 72 Unemployment Insurance Benefits 307 4,279 13,055 Veterans Affairs programs 177 2,882 11,653 Other Withdrawals: Agriculture Loan Payments (misc) 84 602 1,612 Federal Crop Ins. Corp. 96 1,660 4,837 Federal Transit Admin. 72 946 2,785 Thrift Savings Plan Transfer 94 1,840 13,320 Veterans Benefits (EFT) 83 475 16,170 Unclassified 781 17,556 58,079 Total, Other Withdrawals 1,210 36,153 172,043 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 112,115 800,986 2,630,379 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 112,115 $ 800,986 $ 2,630,379 Net Change in Operating Cash Balance $ -18,640 $ 41,821 $ -13,133 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, December 26, 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 $ 79,002 $ 395,999 $ 1,340,974 Cash Management Series 0 0 81,002 Notes 0 146,997 360,997 Bonds 0 13,000 48,995 Inflation-Protected Securities Increment -160 -1,916 448 Federal Financing Bank 0 0 9,305 Nonmarketable: United States Savings Securities: Cash Issue Price 3 49 131 Interest Increment 0 443 1,368 Government Account Series 256,889 4,475,698 13,389,841 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 83 6,067 14,314 Other 1,388 17,507 55,536 Total Issues $ 337,206 $ 5,053,844 $ 15,302,910 (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 $ 99,996 $ 424,997 $ 1,359,990 Notes 0 96,873 254,038 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 27 735 2,157 Government Account Series 257,710 4,496,359 13,121,488 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 108 8,490 21,880 Other 1,356 17,443 55,443 Total Redemptions $ 359,196 $ 5,044,898 $ 14,814,996 Net Change in Public Debt Outstanding $ -21,991 $ 8,946 $ 487,914 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, December 26, 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) $ 337,206 $ 5,053,844 $ 15,302,910 Premium on New Issues 0 0 0 Discount on New Issues: Bills (-) 18 110 386 Bonds and Notes (-) 0 865 3,500 Federal Financing Bank (-) 0 0 9,305 Government Account Transactions (-) 256,889 4,475,698 13,389,841 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 443 1,368 Inflation-Protected Securities Increment -160 -1,916 271 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 80,458 $ 578,644 $ 1,898,240 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 359,196 $ 5,044,898 $ 14,814,996 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 (-) 257,710 4,496,359 13,121,488 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 101,487 $ 548,538 $ 1,693,508 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, December 26, 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 $ 12,310,557 $ 12,331,879 $ 12,281,126 $ 11,976,279 Intragovernmental Holdings 4,915,541 4,916,209 4,936,025 4,761,904 Total Public Debt Outstanding 17,226,098 17,248,088 17,217,152 16,738,184 Less: Debt Not Subject to Limit: Other Debt 485 485 485 485 Unamortized Discount 32,026 32,029 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 $ 17,178,093 $ 17,200,081 $ 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 26, 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 $ 9,099 $ 160,810 $ 476,729 Individual Income Taxes 56 910 3,613 Railroad Retirement Taxes 1 315 1,144 Excise Taxes 512 4,004 16,244 Corporation Income Taxes 43 59,971 74,252 Federal Unemployment Taxes 3 42 655 Estate and Gift Taxes & Misc IRS Rcpts. 0 66 185 Total $ 9,715 $ 226,118 $ 572,822 Cash Federal Tax Deposits: Direct $ 103 $ 1,631 $ 7,250 Through Depositaries 9,410 217,848 544,048 Total Cash FTD's $ 9,512 $ 219,478 $ 551,298 Inter-agency Transfers 203 6,640 21,524 Total $ 9,715 $ 226,118 $ 572,822 ___________________________________________________________________________________________ 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 26, 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) $ 11 $ 2,696 $ 9,322 IRS Tax Refunds Business (EFT) 127 904 4,403 IRS Tax Refunds Individual (Checks) 36 2,918 11,563 IRS Tax Refunds Individual (EFT) 109 691 7,224 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.