1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, January 7, 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 $ 121,089 $ 119,118 $ 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 $ 121,089 $ 119,118 $ 162,399 $ 88,386 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, January 7, 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) $ 74 $ 347 $ 2,346 Air Transport Security Fees 0 2 573 Cash FTD's Received (Table IV) 6,511 55,148 646,925 Commodity Credit Corporation programs 24 204 1,514 Customs and Certain Excise Taxes 61 243 11,244 Deposits by States: Supplemental Security Income 3 10 1,104 Unemployment 23 82 7,868 Education Department programs 279 717 11,019 Energy Department programs 8 58 1,721 Estate and Gift Taxes 32 180 5,536 Federal Reserve Earnings 0 2,852 25,143 Foreign Deposits, Military Sales 4 1,774 8,765 Housing and Urban Development programs 1 100 1,028 Individual Income and Employment Taxes, Not Withheld 1,424 5,578 36,911 Interest recd from cash investments 0 0 0 Justice Department programs 1,739 1,835 8,106 Postal Service 560 1,622 24,856 Public Debt Cash Issues (Table III-B) 1,014 83,450 2,097,037 Other Deposits: Comptroller of the Currency-Assessment 350 350 359 Federal Housing Admin: Note Sales 520 709 6,297 TARP 1 1 10,080 Total Other Deposits 871 1,592 86,841 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 12,627 155,793 2,978,537 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 12,627 $ 155,793 $ 2,978,537 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, January 7, 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 $ 45 $ 279 $ 8,919 Defense Vendor Payments (EFT) 1,003 3,676 85,393 Education Department programs 2,025 5,760 42,316 Energy Department programs 30 360 8,616 Federal Employees Insurance Payments 185 816 18,755 Fed. Highway Administration programs 0 65 11,794 Federal Salaries (EFT) 392 5,313 45,805 Food and Nutrition Service (misc) 406 1,697 27,453 GSA programs 16 583 5,182 Health and Human Services Grants (misc) 325 1,350 24,843 Housing and Urban Development programs 178 3,405 23,044 Interest on Treasury Securities 0 268 51,330 IRS Tax Refunds Business (EFT) 174 231 4,550 IRS Tax Refunds Individual (EFT) 0 81 7,314 Justice Department programs 42 184 3,979 Labor Dept. prgms (excl. unemployment) 14 151 3,685 Medicaid 1,348 4,694 71,535 Medicare 1,354 23,519 168,818 NASA programs 9 216 4,540 Postal Service Money Orders and Other 197 773 10,514 Public Debt Cash Redemp. (Table III-B) 951 105,352 1,869,290 Social Security Benefits (EFT) 8 24,518 210,816 Supple. Nutrition Assist. Program (SNAP) 24 50 1,054 Temporary Assistance for Needy Families (HHS) 46 221 4,299 Transportation Security Admin. (DHS) 16 18 123 Unemployment Insurance Benefits 358 1,100 14,964 Veterans Affairs programs 314 735 13,267 Other Withdrawals: Agriculture 145 222 3,454 Federal Crop Ins. Corp. 83 344 5,353 Thrift Savings Plan Transfer 169 653 14,014 Veterans Benefits (EFT) 54 77 21,253 Unclassified 745 3,507 63,362 Total, Other Withdrawals 1,196 11,690 203,634 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 10,656 197,103 2,945,833 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 10,656 $ 197,103 $ 2,945,833 Net Change in Operating Cash Balance $ 1,972 $ -41,309 $ 32,704 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, January 7, 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 0 -5 472,992 Bonds 0 0 48,995 Inflation-Protected Securities Increment -65 -467 -250 Federal Financing Bank 0 0 9,305 Nonmarketable: United States Savings Securities: Cash Issue Price 4 38 186 Interest Increment 0 490 1,859 Government Account Series 243,633 995,445 15,234,194 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 120 3,436 18,094 Other 890 3,998 62,257 Total Issues $ 244,582 $ 1,078,934 $ 17,345,600 (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 59 252 2,565 Government Account Series 238,620 1,010,325 14,899,266 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 6,116 29,365 Other 892 3,996 62,168 Total Redemptions $ 239,571 $ 1,115,677 $ 16,768,556 Net Change in Public Debt Outstanding $ 5,011 $ -36,743 $ 577,044 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, January 7, 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) $ 244,582 $ 1,078,934 $ 17,345,600 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 (-) 243,633 995,445 15,234,194 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 490 1,859 Inflation-Protected Securities Increment -65 -467 -598 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,014 $ 83,450 $ 2,097,037 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 239,571 $ 1,115,677 $ 16,768,556 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 (-) 238,620 1,010,325 14,899,266 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 951 $ 105,352 $ 1,869,290 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, January 7, 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 $ 12,334,077 $ 12,333,871 $ 12,355,427 $ 11,976,279 Intragovernmental Holdings 4,981,151 4,976,346 4,996,544 4,761,904 Total Public Debt Outstanding 17,315,228 17,310,216 17,351,971 16,738,184 Less: Debt Not Subject to Limit: Other Debt 485 485 485 485 Unamortized Discount 32,378 32,389 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 $ 17,266,870 $ 17,261,849 $ 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 Tuesday, January 7, 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 $ 6,373 $ 57,476 $ 568,378 Individual Income Taxes 66 578 4,589 Railroad Retirement Taxes 25 76 1,301 Excise Taxes 13 45 18,421 Corporation Income Taxes 49 517 78,511 Federal Unemployment Taxes 9 41 720 Estate and Gift Taxes & Misc IRS Rcpts. 2 7 196 Total $ 6,536 $ 58,739 $ 672,116 Cash Federal Tax Deposits: Direct $ 32 $ 151 $ 8,333 Through Depositaries 6,479 54,996 638,592 Total Cash FTD's $ 6,511 $ 55,148 $ 646,925 Inter-agency Transfers 26 3,591 25,191 Total $ 6,536 $ 58,739 $ 672,116 ___________________________________________________________________________________________ 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, January 7, 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) $ 332 $ 341 $ 9,954 IRS Tax Refunds Business (EFT) 174 231 4,550 IRS Tax Refunds Individual (Checks) 0 337 12,285 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.