1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, January 8, 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 $ 110,758 $ 121,089 $ 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 $ 110,758 $ 121,089 $ 162,399 $ 88,386 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, January 8, 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) $ 16 $ 363 $ 2,362 Air Transport Security Fees 0 2 574 Cash FTD's Received (Table IV) 6,626 61,774 653,551 Commodity Credit Corporation programs 26 230 1,540 Customs and Certain Excise Taxes 67 310 11,311 Deposits by States: Supplemental Security Income 5 15 1,109 Unemployment 32 115 7,900 Education Department programs 128 844 11,147 Energy Department programs 6 64 1,727 Estate and Gift Taxes 142 321 5,677 Federal Reserve Earnings 0 2,852 25,143 Foreign Deposits, Military Sales 5 1,779 8,770 Housing and Urban Development programs 2 102 1,030 Individual Income and Employment Taxes, Not Withheld 2,375 7,954 39,286 Interest recd from cash investments 0 0 0 Justice Department programs 9 1,845 8,115 Postal Service 352 1,974 25,208 Public Debt Cash Issues (Table III-B) 1,012 84,461 2,098,048 Other Deposits: Federal Employees Insurance Receipt 51 119 905 Federal Housing Admin: Note Sales 534 1,243 6,832 TARP 1 2 10,081 Total Other Deposits 587 2,179 87,428 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 11,390 167,184 2,989,927 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 11,390 $ 167,184 $ 2,989,927 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, January 8, 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 $ 42 $ 320 $ 8,960 Defense Vendor Payments (EFT) 781 4,457 86,174 Education Department programs 2,101 7,861 44,417 Energy Department programs 102 463 8,719 Federal Employees Insurance Payments 198 1,013 18,952 Fed. Highway Administration programs 0 65 11,794 Federal Salaries (EFT) 97 5,410 45,903 Food and Nutrition Service (misc) 347 2,044 27,800 GSA programs 63 646 5,245 Health and Human Services Grants (misc) 303 1,653 25,146 Housing and Urban Development programs 219 3,625 23,264 Interest on Treasury Securities 3 271 51,333 IRS Tax Refunds Business (EFT) 9 239 4,559 IRS Tax Refunds Individual (EFT) 0 81 7,314 Justice Department programs 63 247 4,042 Labor Dept. prgms (excl. unemployment) 44 195 3,729 Medicaid 1,028 5,722 72,563 Medicare 734 24,252 169,551 NASA programs 100 316 4,640 Postal Service Money Orders and Other 172 945 10,686 Public Debt Cash Redemp. (Table III-B) 999 106,351 1,870,289 Social Security Benefits (EFT) 12,734 37,253 223,550 Supple. Nutrition Assist. Program (SNAP) 5 55 1,059 Temporary Assistance for Needy Families (HHS) 26 247 4,325 Transportation Security Admin. (DHS) 1 19 123 Unemployment Insurance Benefits 244 1,344 15,208 Veterans Affairs programs 137 872 13,405 Other Withdrawals: Federal Crop Ins. Corp. 116 460 5,470 Federal Transit Admin. 91 189 3,078 Thrift Savings Plan Transfer 345 998 14,359 Unclassified 618 4,124 63,980 Total, Other Withdrawals 1,169 12,859 204,803 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 21,722 218,824 2,967,555 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 21,722 $ 218,824 $ 2,967,555 Net Change in Operating Cash Balance $ -10,331 $ -51,641 $ 22,372 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, January 8, 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 -63 -531 -314 Federal Financing Bank 0 0 9,305 Nonmarketable: United States Savings Securities: Cash Issue Price 4 42 190 Interest Increment 0 490 1,860 Government Account Series 244,581 1,240,026 15,478,775 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 120 3,556 18,214 Other 887 4,885 63,144 Total Issues $ 245,530 $ 1,324,463 $ 17,591,130 (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 47 298 2,611 Government Account Series 252,781 1,263,105 15,152,047 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 63 6,179 29,428 Other 889 4,885 63,057 Total Redemptions $ 253,779 $ 1,369,456 $ 17,022,335 Net Change in Public Debt Outstanding $ -8,250 $ -44,993 $ 568,794 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, January 8, 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) $ 245,530 $ 1,324,463 $ 17,591,130 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 (-) 244,581 1,240,026 15,478,775 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 490 1,860 Inflation-Protected Securities Increment -63 -531 -661 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,012 $ 84,461 $ 2,098,048 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 253,779 $ 1,369,456 $ 17,022,335 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 (-) 252,781 1,263,105 15,152,047 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 999 $ 106,351 $ 1,870,289 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, January 8, 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 $ 12,335,377 $ 12,334,077 $ 12,355,427 $ 11,976,279 Intragovernmental Holdings 4,971,601 4,981,151 4,996,544 4,761,904 Total Public Debt Outstanding 17,306,978 17,315,228 17,351,971 16,738,184 Less: Debt Not Subject to Limit: Other Debt 485 485 485 485 Unamortized Discount 32,368 32,378 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 $ 17,258,631 $ 17,266,870 $ 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 Wednesday, January 8, 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 $ 6,443 $ 63,918 $ 574,821 Individual Income Taxes 97 675 4,686 Railroad Retirement Taxes 3 78 1,304 Excise Taxes 29 75 18,450 Corporation Income Taxes 43 560 78,554 Federal Unemployment Taxes 20 61 739 Estate and Gift Taxes & Misc IRS Rcpts. 1 8 198 Total $ 6,636 $ 65,375 $ 678,752 Cash Federal Tax Deposits: Direct $ 65 $ 216 $ 8,398 Through Depositaries 6,561 61,558 645,154 Total Cash FTD's $ 6,626 $ 61,774 $ 653,551 Inter-agency Transfers 10 3,601 25,201 Total $ 6,636 $ 65,375 $ 678,752 ___________________________________________________________________________________________ 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 Wednesday, January 8, 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) $ 2 $ 343 $ 9,957 IRS Tax Refunds Business (EFT) 9 239 4,559 IRS Tax Refunds Individual (Checks) 7 344 12,292 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.