1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, January 2, 2014 (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 $ 140,910 $ 162,399 $ 162,399 $ 88,386 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 140,910 $ 162,399 $ 162,399 $ 88,386 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, January 2, 2014 (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) $ 72 $ 72 $ 2,071 Air Transport Security Fees 0 0 572 Cash FTD's Received (Table IV) 27,418 27,413 619,190 Commodity Credit Corporation programs 104 104 1,415 Customs and Certain Excise Taxes 69 69 11,070 Deposits by States: Supplemental Security Income 3 3 1,097 Unemployment 22 22 7,807 Education Department programs 129 129 10,431 Energy Department programs 20 20 1,683 Estate and Gift Taxes 67 67 5,423 Federal Reserve Earnings 2,852 2,852 25,143 Foreign Deposits, Military Sales 1,547 1,547 8,538 Housing and Urban Development programs 2 2 930 Individual Income and Employment Taxes, Not Withheld 1,657 1,657 32,990 Interest recd from cash investments 0 0 0 Justice Department programs 66 66 6,337 Postal Service 325 325 23,559 Public Debt Cash Issues (Table III-B) 80,541 80,541 2,094,128 Other Deposits: Agency for Internat'l Development 92 92 220 Medicare Premiums 93 93 6,742 Natl Railroad Retirement Inv Trust 241 241 434 Total Other Deposits 426 426 85,674 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 115,320 115,314 2,938,057 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 115,320 $ 115,314 $ 2,938,057 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, January 2, 2014 (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 $ 66 $ 66 $ 8,706 Defense Vendor Payments (EFT) 275 275 81,992 Education Department programs 787 787 37,344 Energy Department programs 142 142 8,398 Federal Employees Insurance Payments 125 125 18,064 Fed. Highway Administration programs 65 65 11,794 Federal Salaries (EFT) 161 161 40,654 Food and Nutrition Service (misc) 255 255 26,011 GSA programs 515 515 5,115 Health and Human Services Grants (misc) 411 411 23,904 Housing and Urban Development programs 2,675 2,675 22,313 Interest on Treasury Securities 268 268 51,330 IRS Tax Refunds Business (EFT) 0 0 4,320 IRS Tax Refunds Individual (EFT) 81 81 7,314 Justice Department programs 15 15 3,810 Labor Dept. prgms (excl. unemployment) 65 65 3,599 Medicaid 958 958 67,799 Medicare 19,156 19,156 164,455 NASA programs 0 0 4,324 Postal Service Money Orders and Other 152 152 9,892 Public Debt Cash Redemp. (Table III-B) 102,219 102,219 1,866,157 Social Security Benefits (EFT) 205 205 186,502 Supple. Nutrition Assist. Program (SNAP) 5 5 1,009 Temporary Assistance for Needy Families (HHS) 103 103 4,181 Transportation Security Admin. (DHS) 0 0 105 Unemployment Insurance Benefits 342 342 14,207 Veterans Affairs programs 161 161 12,694 Other Withdrawals: Civil Service Retirement (EFT) 5,199 5,199 20,638 Federal Crop Ins. Corp. 90 90 5,100 Military Retirement (EFT) 319 319 16,448 Railroad Retirement (EFT) 1,010 1,010 4,008 Supple. Security Income Benefits (EFT) 70 70 17,177 Thrift Savings Plan Transfer 65 65 13,427 Treasury Dept: Claims Payments 60 60 533 Unclassified 787 787 60,637 Total, Other Withdrawals 7,600 7,600 199,539 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 136,808 136,808 2,885,533 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 136,808 $ 136,808 $ 2,885,533 Net Change in Operating Cash Balance $ -21,488 $ -21,488 $ 52,525 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, January 2, 2014 (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 $ 76,000 $ 76,000 $ 1,416,968 Cash Management Series 0 0 81,002 Notes 0 0 472,997 Bonds 0 0 48,995 Inflation-Protected Securities Increment -147 -147 70 Federal Financing Bank 0 0 9,305 Nonmarketable: United States Savings Securities: Cash Issue Price 14 14 161 Interest Increment 489 489 1,858 Government Account Series 249,621 249,621 14,488,369 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 3,217 3,217 17,875 Other 1,327 1,327 59,586 Total Issues $ 330,520 $ 330,520 $ 16,597,186 (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 $ 94,988 $ 94,988 $ 1,454,978 Notes 0 0 320,214 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 55 55 2,368 Government Account Series 264,301 264,301 14,153,242 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 5,854 5,854 29,103 Other 1,322 1,322 59,494 Total Redemptions $ 366,520 $ 366,520 $ 16,019,399 Net Change in Public Debt Outstanding $ -36,000 $ -36,000 $ 577,787 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, January 2, 2014 (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) $ 330,520 $ 330,520 $ 16,597,186 Premium on New Issues 0 0 346 Discount on New Issues: Bills (-) 17 17 403 Bonds and Notes (-) 0 0 3,746 Federal Financing Bank (-) 0 0 9,305 Government Account Transactions (-) 249,621 249,621 14,488,369 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 489 489 1,858 Inflation-Protected Securities Increment -147 -147 -278 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 80,541 $ 80,541 $ 2,094,128 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 366,520 $ 366,520 $ 16,019,399 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 (-) 264,301 264,301 14,153,242 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 102,219 $ 102,219 $ 1,866,157 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, January 2, 2014 (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 $ 12,334,521 $ 12,355,427 $ 12,355,427 $ 11,976,279 Intragovernmental Holdings 4,981,450 4,996,544 4,996,544 4,761,904 Total Public Debt Outstanding 17,315,971 17,351,971 17,351,971 16,738,184 Less: Debt Not Subject to Limit: Other Debt 485 485 485 485 Unamortized Discount 32,430 32,434 32,434 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 $ 17,267,562 $ 17,303,558 $ 17,303,558 $ 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, January 2, 2014 (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 $ 29,245 $ 29,242 $ 540,145 Individual Income Taxes 315 315 4,326 Railroad Retirement Taxes 1 1 1,226 Excise Taxes 12 10 18,386 Corporation Income Taxes 41 41 78,035 Federal Unemployment Taxes 9 9 688 Estate and Gift Taxes & Misc IRS Rcpts. 2 2 191 Total $ 29,625 $ 29,620 $ 642,997 Cash Federal Tax Deposits: Direct $ 37 $ 32 $ 8,213 Through Depositaries 27,381 27,381 610,977 Total Cash FTD's $ 27,418 $ 27,413 $ 619,190 Inter-agency Transfers 2,207 2,207 23,807 Total $ 29,625 $ 29,620 $ 642,997 ___________________________________________________________________________________________ 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, January 2, 2014 (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) $ 0 $ 0 $ 9,614 IRS Tax Refunds Business (EFT) 0 0 4,320 IRS Tax Refunds Individual (Checks) 12 12 11,960 IRS Tax Refunds Individual (EFT) 81 81 7,314 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.