1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, January 16, 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 $ 72,346 $ 87,926 $ 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 $ 72,346 $ 87,926 $ 162,399 $ 88,386 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, January 16, 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) $ 39 $ 626 $ 2,625 Air Transport Security Fees 1 6 578 Cash FTD's Received (Table IV) 11,216 122,634 714,412 Commodity Credit Corporation programs 26 406 1,716 Customs and Certain Excise Taxes 56 769 11,770 Deposits by States: Supplemental Security Income 1 27 1,121 Unemployment 49 329 8,114 Education Department programs 163 1,791 12,094 Energy Department programs 15 126 1,789 Estate and Gift Taxes 35 632 5,988 Federal Reserve Earnings 0 4,851 27,142 Foreign Deposits, Military Sales 128 1,990 8,981 Housing and Urban Development programs 1 143 1,071 Individual Income and Employment Taxes, Not Withheld 2,506 24,331 55,664 Interest recd from cash investments 0 0 0 Justice Department programs 13 2,035 8,306 Postal Service 322 4,082 27,316 Public Debt Cash Issues (Table III-B) 70,412 318,493 2,332,081 Other Deposits: Thrift Savings Plan Transfer 67 284 9,239 Total Other Deposits 67 3,043 88,291 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 85,050 486,314 3,309,057 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 85,050 $ 486,314 $ 3,309,057 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, January 16, 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 $ 61 $ 859 $ 9,499 Defense Vendor Payments (EFT) 1,174 11,559 93,276 Education Department programs 1,828 18,772 55,329 Energy Department programs 159 1,140 9,396 Federal Employees Insurance Payments 243 3,041 20,980 Fed. Highway Administration programs 112 1,261 12,990 Federal Salaries (EFT) 69 6,566 47,059 Food and Nutrition Service (misc) 368 5,019 30,775 GSA programs 0 789 5,389 Health and Human Services Grants (misc) 351 3,796 27,290 Housing and Urban Development programs 287 5,121 24,759 Interest on Treasury Securities 0 5,086 56,149 IRS Tax Refunds Business (EFT) 0 361 4,681 IRS Tax Refunds Individual (EFT) 0 88 7,321 Justice Department programs 61 562 4,357 Labor Dept. prgms (excl. unemployment) 68 567 4,101 Medicaid 2,169 13,073 79,914 Medicare 944 30,298 175,597 NASA programs 136 633 4,957 Postal Service Money Orders and Other 135 1,741 11,481 Public Debt Cash Redemp. (Table III-B) 91,410 388,266 2,152,204 Social Security Benefits (EFT) 53 49,994 236,291 Supple. Nutrition Assist. Program (SNAP) 21 191 1,195 Temporary Assistance for Needy Families (HHS) 126 805 4,883 Transportation Security Admin. (DHS) 0 24 128 Unemployment Insurance Benefits 143 2,500 16,364 Veterans Affairs programs 187 1,927 14,460 Other Withdrawals: Centers for Disease Control 51 194 1,380 Federal Aviation Administration 59 196 2,373 Federal Crop Ins. Corp. 100 1,024 6,034 Interior 68 282 2,131 U.S. District Courts (net) -255 -475 -2,093 Unclassified 501 8,036 67,891 Total, Other Withdrawals 523 22,328 214,273 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 100,629 576,367 3,325,097 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 100,629 $ 576,367 $ 3,325,097 Net Change in Operating Cash Balance $ -15,580 $ -90,053 $ -16,040 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, January 16, 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 $ 69,009 $ 240,009 $ 1,580,977 Cash Management Series 0 0 81,002 Notes 0 50,994 523,991 Bonds 0 13,000 61,995 Inflation-Protected Securities Increment -62 -1,041 -824 Federal Financing Bank 0 0 9,305 Nonmarketable: United States Savings Securities: Cash Issue Price 3 68 216 Interest Increment 1 495 1,865 Government Account Series 252,709 2,716,266 16,955,015 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 31 4,137 18,794 Other 1,379 11,200 69,460 Total Issues $ 323,070 $ 3,035,129 $ 19,301,796 (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 $ 89,997 $ 309,985 $ 1,669,974 Notes 0 59,222 379,436 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 45 592 2,905 Government Account Series 248,294 2,728,593 16,617,535 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 2 7,266 30,514 Other 1,365 11,202 69,374 Total Redemptions $ 339,704 $ 3,116,860 $ 18,769,739 Net Change in Public Debt Outstanding $ -16,634 $ -81,730 $ 532,057 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, January 16, 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) $ 323,070 $ 3,035,129 $ 19,301,796 Premium on New Issues 0 0 346 Discount on New Issues: Bills (-) 10 70 456 Bonds and Notes (-) 0 845 4,592 Federal Financing Bank (-) 0 0 9,305 Government Account Transactions (-) 252,709 2,716,266 16,955,015 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 495 1,865 Inflation-Protected Securities Increment -62 -1,041 -1,172 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 70,412 $ 318,493 $ 2,332,081 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 339,704 $ 3,116,860 $ 18,769,739 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 (-) 248,294 2,728,593 16,617,535 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 91,410 $ 388,266 $ 2,152,204 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, January 16, 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 $ 12,287,829 $ 12,308,587 $ 12,355,427 $ 11,976,279 Intragovernmental Holdings 4,982,412 4,978,287 4,996,544 4,761,904 Total Public Debt Outstanding 17,270,240 17,286,874 17,351,971 16,738,184 Less: Debt Not Subject to Limit: Other Debt 485 485 485 485 Unamortized Discount 32,338 32,339 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 $ 17,221,923 $ 17,238,557 $ 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 16, 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 $ 10,692 $ 107,977 $ 618,879 Individual Income Taxes 278 5,728 9,739 Railroad Retirement Taxes 40 244 1,469 Excise Taxes 13 3,049 21,425 Corporation Income Taxes 183 9,928 87,922 Federal Unemployment Taxes 16 197 875 Estate and Gift Taxes & Misc IRS Rcpts. 1 19 209 Total $ 11,223 $ 127,142 $ 740,519 Cash Federal Tax Deposits: Direct $ 46 $ 1,187 $ 9,368 Through Depositaries 11,170 121,447 705,043 Total Cash FTD's $ 11,216 $ 122,634 $ 714,412 Inter-agency Transfers 8 4,508 26,107 Total $ 11,223 $ 127,142 $ 740,519 ___________________________________________________________________________________________ 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 16, 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) $ 29 $ 877 $ 10,491 IRS Tax Refunds Business (EFT) 0 361 4,681 IRS Tax Refunds Individual (Checks) 7 392 12,340 IRS Tax Refunds Individual (EFT) 0 88 7,321 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.