1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, January 24, 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 $ 86,614 $ 87,158 $ 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 $ 86,614 $ 87,158 $ 162,399 $ 88,386 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, January 24, 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) $ 43 $ 786 $ 2,785 Air Transport Security Fees 2 11 583 Cash FTD's Received (Table IV) 5,825 161,988 753,765 Commodity Credit Corporation programs 36 561 1,871 Customs and Certain Excise Taxes 1,763 2,920 13,921 Deposits by States: Supplemental Security Income 4 36 1,130 Unemployment 87 675 8,460 Education Department programs 86 2,725 13,028 Energy Department programs 26 273 1,936 Estate and Gift Taxes 11 887 6,243 Federal Reserve Earnings 0 6,606 28,897 Foreign Deposits, Military Sales 6 2,032 9,023 Housing and Urban Development programs 2 340 1,268 Individual Income and Employment Taxes, Not Withheld 389 69,215 100,548 Interest recd from cash investments 0 0 0 Justice Department programs 13 2,127 8,398 Postal Service 321 6,004 29,238 Public Debt Cash Issues (Table III-B) 960 388,794 2,402,381 Other Deposits: Medicare Premiums 282 1,905 8,554 Railroad Unemployment Ins. 1 2 17 Total Other Deposits 282 7,535 92,784 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 9,855 653,517 3,476,260 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 9,855 $ 653,517 $ 3,476,260 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, January 24, 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 $ 1,119 $ 9,759 Defense Vendor Payments (EFT) 1,194 18,403 100,120 Education Department programs 1,564 26,710 63,266 Energy Department programs 170 1,848 10,103 Federal Employees Insurance Payments 727 4,596 22,535 Fed. Highway Administration programs 98 1,831 13,560 Federal Salaries (EFT) 44 12,199 52,692 Food and Nutrition Service (misc) 204 6,981 32,737 GSA programs 54 1,121 5,720 Health and Human Services Grants (misc) 394 5,744 29,237 Housing and Urban Development programs 412 6,467 26,106 Interest on Treasury Securities 0 5,087 56,149 IRS Tax Refunds Business (EFT) 11 562 4,882 IRS Tax Refunds Individual (EFT) 0 88 7,321 Justice Department programs 43 867 4,661 Labor Dept. prgms (excl. unemployment) 108 866 4,400 Medicaid 917 18,878 85,720 Medicare 1,758 39,030 184,329 NASA programs 97 872 5,197 Postal Service Money Orders and Other 101 2,499 12,239 Public Debt Cash Redemp. (Table III-B) 951 474,032 2,237,970 Social Security Benefits (EFT) 34 62,922 249,219 Supple. Nutrition Assist. Program (SNAP) 12 288 1,292 Temporary Assistance for Needy Families (HHS) 28 912 4,990 Transportation Security Admin. (DHS) 1 27 132 Unemployment Insurance Benefits 102 3,496 17,360 Veterans Affairs programs 238 2,951 15,484 Other Withdrawals: Emergency Prep & Response (DHS) 196 842 3,495 Federal Crop Ins. Corp. 98 1,549 6,559 Federal Transit Admin. 59 653 3,543 Thrift Savings Plan Transfer 113 2,245 15,606 Unclassified 625 11,993 71,848 Total, Other Withdrawals 1,089 28,906 220,850 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 10,399 729,301 3,478,031 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 10,399 $ 729,301 $ 3,478,031 Net Change in Operating Cash Balance $ -543 $ -75,785 $ -1,772 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, January 24, 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 $ 305,009 $ 1,645,976 Cash Management Series 0 0 81,002 Notes 0 50,994 523,991 Bonds 0 13,000 61,995 Inflation-Protected Securities Increment -62 -1,540 -1,323 Federal Financing Bank 0 0 9,305 Nonmarketable: United States Savings Securities: Cash Issue Price 3 88 236 Interest Increment 1 498 1,867 Government Account Series 248,421 3,976,671 18,215,420 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 52 4,418 19,075 Other 905 16,211 74,470 Total Issues $ 249,319 $ 4,365,348 $ 20,632,015 (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 $ 389,984 $ 1,749,974 Notes 0 59,222 379,436 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 37 798 3,111 Government Account Series 246,574 3,980,007 17,868,949 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 9 7,836 31,084 Other 906 16,193 74,365 Total Redemptions $ 247,525 $ 4,454,039 $ 20,106,919 Net Change in Public Debt Outstanding $ 1,794 $ -88,691 $ 525,096 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, January 24, 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) $ 249,319 $ 4,365,348 $ 20,632,015 Premium on New Issues 0 0 346 Discount on New Issues: Bills (-) 0 80 466 Bonds and Notes (-) 0 845 4,592 Federal Financing Bank (-) 0 0 9,305 Government Account Transactions (-) 248,421 3,976,671 18,215,420 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 498 1,867 Inflation-Protected Securities Increment -62 -1,540 -1,671 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 960 $ 388,794 $ 2,402,381 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 247,525 $ 4,454,039 $ 20,106,919 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 (-) 246,574 3,980,007 17,868,949 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 951 $ 474,032 $ 2,237,970 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, January 24, 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 $ 12,271,566 $ 12,271,772 $ 12,355,427 $ 11,976,279 Intragovernmental Holdings 4,991,714 4,989,714 4,996,544 4,761,904 Total Public Debt Outstanding 17,263,280 17,261,486 17,351,971 16,738,184 Less: Debt Not Subject to Limit: Other Debt 485 485 485 485 Unamortized Discount 32,266 32,276 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 $ 17,215,035 $ 17,213,231 $ 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 24, 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 $ 5,537 $ 147,758 $ 658,660 Individual Income Taxes 30 6,111 10,122 Railroad Retirement Taxes 59 374 1,600 Excise Taxes 134 3,303 21,678 Corporation Income Taxes 47 10,169 88,163 Federal Unemployment Taxes 35 356 1,035 Estate and Gift Taxes & Misc IRS Rcpts. 2 26 216 Total $ 5,845 $ 168,096 $ 781,473 Cash Federal Tax Deposits: Direct $ 27 $ 1,588 $ 9,770 Through Depositaries 5,798 160,400 743,995 Total Cash FTD's $ 5,825 $ 161,988 $ 753,765 Inter-agency Transfers 20 6,108 27,708 Total $ 5,845 $ 168,096 $ 781,473 ___________________________________________________________________________________________ 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 24, 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) $ 39 $ 1,014 $ 10,627 IRS Tax Refunds Business (EFT) 11 562 4,882 IRS Tax Refunds Individual (Checks) 7 442 12,390 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.