1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, January 3, 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 $ 114,310 $ 140,910 $ 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 $ 114,310 $ 140,910 $ 162,399 $ 88,386 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, January 3, 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) $ 113 $ 186 $ 2,185 Air Transport Security Fees 1 1 572 Cash FTD's Received (Table IV) 9,400 36,813 628,591 Commodity Credit Corporation programs 45 149 1,459 Customs and Certain Excise Taxes 54 124 11,124 Deposits by States: Supplemental Security Income 2 5 1,099 Unemployment 15 37 7,822 Education Department programs 153 281 10,584 Energy Department programs 3 23 1,686 Estate and Gift Taxes 53 120 5,476 Federal Reserve Earnings 0 2,852 25,143 Foreign Deposits, Military Sales 141 1,687 8,678 Housing and Urban Development programs 3 4 932 Individual Income and Employment Taxes, Not Withheld 723 2,380 33,713 Interest recd from cash investments 0 0 0 Justice Department programs 16 82 6,353 Postal Service 323 648 23,882 Public Debt Cash Issues (Table III-B) 947 81,488 2,095,075 Other Deposits: Federal Housing Admin: Note Sales 109 148 5,736 Securities and Exchange Commission 67 67 576 Thrift Savings Plan Transfer 67 96 9,051 Total Other Deposits 243 668 85,917 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 12,234 127,549 2,950,292 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 12,234 $ 127,549 $ 2,950,292 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, January 3, 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 $ 94 $ 159 $ 8,799 Defense Vendor Payments (EFT) 1,358 1,633 83,350 Education Department programs 1,511 2,298 38,855 Energy Department programs 135 277 8,533 Federal Employees Insurance Payments 302 427 18,366 Fed. Highway Administration programs 0 65 11,794 Federal Salaries (EFT) 3,439 3,600 44,093 Food and Nutrition Service (misc) 282 537 26,293 GSA programs 29 545 5,144 Health and Human Services Grants (misc) 321 732 24,226 Housing and Urban Development programs 310 2,985 22,624 Interest on Treasury Securities 0 268 51,330 IRS Tax Refunds Business (EFT) 54 54 4,374 IRS Tax Refunds Individual (EFT) 0 81 7,314 Justice Department programs 57 73 3,867 Labor Dept. prgms (excl. unemployment) 51 116 3,650 Medicaid 1,818 2,776 69,617 Medicare 1,725 20,882 166,181 NASA programs 108 108 4,432 Postal Service Money Orders and Other 180 332 10,073 Public Debt Cash Redemp. (Table III-B) 1,051 103,270 1,867,208 Social Security Benefits (EFT) 24,306 24,511 210,808 Supple. Nutrition Assist. Program (SNAP) 14 20 1,024 Temporary Assistance for Needy Families (HHS) 32 135 4,213 Transportation Security Admin. (DHS) 0 0 105 Unemployment Insurance Benefits 162 504 14,368 Veterans Affairs programs 127 288 12,821 Other Withdrawals: Agency for Internat'l Development 200 234 3,380 Emergency Prep & Response (DHS) 74 91 2,744 Federal Crop Ins. Corp. 69 160 5,169 Thrift Savings Plan Transfer 157 223 13,584 Unclassified 868 1,650 61,505 Total, Other Withdrawals 1,368 8,963 200,907 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 38,835 175,637 2,924,368 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 38,835 $ 175,637 $ 2,924,368 Net Change in Operating Cash Balance $ -26,600 $ -48,089 $ 25,924 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, January 3, 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 $ 0 $ 76,000 $ 1,416,968 Cash Management Series 0 0 81,002 Notes -5 -5 472,992 Bonds 0 0 48,995 Inflation-Protected Securities Increment -63 -210 7 Federal Financing Bank 0 0 9,305 Nonmarketable: United States Savings Securities: Cash Issue Price 8 21 169 Interest Increment 0 489 1,858 Government Account Series 260,633 510,254 14,749,002 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 54 3,271 17,929 Other 891 2,218 60,477 Total Issues $ 261,518 $ 592,038 $ 16,858,704 (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 $ 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 75 130 2,443 Government Account Series 267,588 531,889 14,420,830 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 85 5,939 29,187 Other 892 2,213 60,386 Total Redemptions $ 268,639 $ 635,159 $ 16,288,038 Net Change in Public Debt Outstanding $ -7,121 $ -43,121 $ 570,666 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, January 3, 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) $ 261,518 $ 592,038 $ 16,858,704 Premium on New Issues 0 0 346 Discount on New Issues: Bills (-) 0 17 403 Bonds and Notes (-) 0 0 3,746 Federal Financing Bank (-) 0 0 9,305 Government Account Transactions (-) 260,633 510,254 14,749,002 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 489 1,858 Inflation-Protected Securities Increment -63 -210 -340 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 947 $ 81,488 $ 2,095,075 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 268,639 $ 635,159 $ 16,288,038 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 (-) 267,588 531,889 14,420,830 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,051 $ 103,270 $ 1,867,208 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, January 3, 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 $ 12,334,428 $ 12,334,521 $ 12,355,427 $ 11,976,279 Intragovernmental Holdings 4,974,422 4,981,450 4,996,544 4,761,904 Total Public Debt Outstanding 17,308,850 17,315,971 17,351,971 16,738,184 Less: Debt Not Subject to Limit: Other Debt 485 485 485 485 Unamortized Discount 32,420 32,430 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 $ 17,260,451 $ 17,267,562 $ 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 Friday, January 3, 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 $ 9,745 $ 38,988 $ 549,890 Individual Income Taxes 46 361 4,372 Railroad Retirement Taxes 24 24 1,250 Excise Taxes 12 22 18,398 Corporation Income Taxes 349 390 78,384 Federal Unemployment Taxes 11 20 698 Estate and Gift Taxes & Misc IRS Rcpts. 1 3 192 Total $ 10,188 $ 39,808 $ 653,185 Cash Federal Tax Deposits: Direct $ 30 $ 61 $ 8,243 Through Depositaries 9,371 36,752 620,348 Total Cash FTD's $ 9,400 $ 36,813 $ 628,591 Inter-agency Transfers 787 2,994 24,594 Total $ 10,188 $ 39,808 $ 653,185 ___________________________________________________________________________________________ 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 Friday, January 3, 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) 54 54 4,374 IRS Tax Refunds Individual (Checks) 8 20 11,968 IRS Tax Refunds Individual (EFT) 0 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.