1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, December 31, 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 $ 162,399 $ 95,005 $ 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 $ 162,399 $ 95,005 $ 33,433 $ 88,386 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, December 31, 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) $ 216 $ 840 $ 1,999 Air Transport Security Fees 121 173 572 Cash FTD's Received (Table IV) 9,952 259,952 591,772 Commodity Credit Corporation programs 42 549 1,310 Customs and Certain Excise Taxes 69 3,445 11,001 Deposits by States: Supplemental Security Income 1 367 1,094 Unemployment 15 436 7,785 Education Department programs 277 3,315 10,302 Energy Department programs 21 490 1,663 Estate and Gift Taxes 62 1,234 5,185 Federal Reserve Earnings 0 7,091 22,291 Foreign Deposits, Military Sales 9 2,089 6,991 Housing and Urban Development programs 4 262 928 Individual Income and Employment Taxes, Not Withheld 831 9,926 31,509 Interest recd from cash investments 0 0 0 Justice Department programs 8 4,308 6,271 Postal Service 408 8,131 23,234 Public Debt Cash Issues (Table III-B) 113,360 693,992 2,013,587 Other Deposits: Federal Finance Bank 177 395 403 FSA Tobacco Assessments 100 230 239 GSE Dividends 39,053 39,053 39,053 Medicare Premiums 187 2,191 6,649 Minerals Management Svc/Collections 619 1,346 2,966 TARP 14 988 10,079 Thrift Savings Plan Transfer 120 804 8,955 Total Other Deposits 40,272 51,703 85,249 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 165,667 1,048,303 2,822,743 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 165,667 $ 1,048,303 $ 2,822,743 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, December 31, 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 $ 59 $ 1,468 $ 8,640 Defense Vendor Payments (EFT) 1,425 31,441 81,717 Education Department programs 1,124 11,364 36,557 Energy Department programs 200 2,749 8,256 Federal Employees Insurance Payments 346 5,831 17,939 Fed. Highway Administration programs 12 3,707 11,729 Federal Salaries (EFT) 334 13,447 40,493 Food and Nutrition Service (misc) 207 8,658 25,756 GSA programs 71 1,536 4,599 Health and Human Services Grants (misc) 427 7,956 23,493 Housing and Urban Development programs 165 6,681 19,639 Interest on Treasury Securities 6,068 12,302 51,062 IRS Tax Refunds Business (EFT) 23 820 4,320 IRS Tax Refunds Individual (EFT) 3 700 7,233 Justice Department programs 5 1,094 3,795 Labor Dept. prgms (excl. unemployment) 61 1,195 3,534 Medicaid 455 22,491 66,841 Medicare 1,498 32,433 145,299 NASA programs 0 1,811 4,324 Postal Service Money Orders and Other 379 3,376 9,741 Public Debt Cash Redemp. (Table III-B) 67,360 618,968 1,763,938 Social Security Benefits (EFT) 0 62,568 186,297 Supple. Nutrition Assist. Program (SNAP) 14 323 1,004 Temporary Assistance for Needy Families (HHS) 49 1,455 4,078 Transportation Security Admin. (DHS) 0 59 104 Unemployment Insurance Benefits 395 5,088 13,864 Veterans Affairs programs 451 3,762 12,533 Other Withdrawals: Agency for Internat'l Development 55 959 3,146 Export-Import Bank 146 477 896 Federal Crop Ins. Corp. 62 1,833 5,009 Military Active Duty Pay (EFT) 3,700 6,601 23,879 Military Retirement (EFT) 3,820 4,153 16,129 Supple. Security Income Benefits (EFT) 4,150 4,399 17,108 Veterans Benefits (EFT) 4,974 5,481 21,176 Unclassified 235 19,332 59,855 Total, Other Withdrawals 17,142 56,054 191,944 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 98,274 919,337 2,748,730 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 98,274 $ 919,337 $ 2,748,730 Net Change in Operating Cash Balance $ 67,394 $ 128,966 $ 74,013 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, December 31, 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 $ 395,993 $ 1,340,968 Cash Management Series 0 0 81,002 Notes 112,000 258,997 472,997 Bonds 0 13,000 48,995 Inflation-Protected Securities Increment 88 -2,147 217 Federal Financing Bank 0 0 9,305 Nonmarketable: United States Savings Securities: Cash Issue Price 5 66 148 Interest Increment 0 444 1,369 Government Account Series 356,667 5,324,607 14,238,749 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 143 6,411 14,658 Other 942 20,231 58,260 Total Issues $ 469,846 $ 6,017,600 $ 16,266,667 (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 $ 424,997 $ 1,359,990 Notes 66,176 163,049 320,214 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 64 891 2,313 Government Account Series 277,283 5,263,813 13,888,941 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 174 9,859 23,249 Other 946 20,172 58,172 Total Redemptions $ 344,643 $ 5,882,781 $ 15,652,879 Net Change in Public Debt Outstanding $ 125,203 $ 134,819 $ 613,787 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, December 31, 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) $ 469,846 $ 6,017,600 $ 16,266,667 Premium on New Issues 346 346 346 Discount on New Issues: Bills (-) 0 110 386 Bonds and Notes (-) 247 1,112 3,746 Federal Financing Bank (-) 0 0 9,305 Government Account Transactions (-) 356,667 5,324,607 14,238,749 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 444 1,369 Inflation-Protected Securities Increment -82 -2,317 -131 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 113,360 $ 693,992 $ 2,013,587 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 344,643 $ 5,882,781 $ 15,652,879 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 (-) 277,283 5,263,813 13,888,941 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 67,360 $ 618,968 $ 1,763,938 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, December 31, 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 $ 12,355,427 $ 12,309,327 $ 12,281,126 $ 11,976,279 Intragovernmental Holdings 4,996,544 4,917,441 4,936,025 4,761,904 Total Public Debt Outstanding 17,351,971 17,226,768 17,217,152 16,738,184 Less: Debt Not Subject to Limit: Other Debt 485 485 485 485 Unamortized Discount 32,434 31,985 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 $ 17,303,558 $ 17,178,805 $ 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 31, 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 $ 9,384 $ 194,981 $ 510,900 Individual Income Taxes 157 1,308 4,011 Railroad Retirement Taxes 39 397 1,226 Excise Taxes 22 6,134 18,374 Corporation Income Taxes 366 63,712 77,994 Federal Unemployment Taxes 12 65 678 Estate and Gift Taxes & Misc IRS Rcpts. 1 70 190 Total $ 9,981 $ 266,667 $ 613,372 Cash Federal Tax Deposits: Direct $ 155 $ 2,556 $ 8,176 Through Depositaries 9,797 257,396 583,596 Total Cash FTD's $ 9,952 $ 259,952 $ 591,772 Inter-agency Transfers 29 6,715 21,600 Total $ 9,981 $ 266,667 $ 613,372 ___________________________________________________________________________________________ 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 31, 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) $ 291 $ 2,988 $ 9,614 IRS Tax Refunds Business (EFT) 23 820 4,320 IRS Tax Refunds Individual (Checks) 8 1/ 3,304 1/ 11,948 IRS Tax Refunds Individual (EFT) 3 1/ 700 1/ 7,233 1/Does not include $25 million offset by Fiscal Service for the month of December 2013, and $145 million for the fiscal year-to-date for the Treasury Offset Program against Tax Refunds issued. 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.