1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, January 31, 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 $ 88,573 $ 68,961 $ 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 $ 88,573 $ 68,961 $ 162,399 $ 88,386 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, January 31, 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) $ 97 $ 968 $ 2,967 Air Transport Security Fees 127 154 726 Cash FTD's Received (Table IV) 12,375 204,371 796,149 Commodity Credit Corporation programs 31 691 2,001 Customs and Certain Excise Taxes 229 3,670 14,671 Deposits by States: Supplemental Security Income 4 348 1,442 Unemployment 819 2,104 9,889 Education Department programs 120 3,510 13,812 Energy Department programs 121 657 2,320 Estate and Gift Taxes 83 1,268 6,624 Federal Reserve Earnings 0 8,617 30,909 Foreign Deposits, Military Sales 14 2,546 9,537 Housing and Urban Development programs 6 452 1,379 Individual Income and Employment Taxes, Not Withheld 212 71,686 103,019 Interest recd from cash investments 0 0 0 Justice Department programs 8 2,209 8,480 Postal Service 289 7,740 30,974 Public Debt Cash Issues (Table III-B) 126,662 578,087 2,591,674 Other Deposits: Farm Credit System Ins. Corp. 174 183 196 Federal Housing Admin: Note Sales 51 2,624 8,212 Medicare Premiums 154 2,223 8,872 Minerals Management Svc/Collections 717 879 3,845 Natl Railroad Retirement Inv Trust 101 342 535 Railroad Unemployment Ins. 4 9 23 TARP 38 3,067 13,146 Thrift Savings Plan Transfer 166 1,250 10,205 Total Other Deposits 1,404 10,203 95,452 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 142,601 899,281 3,722,025 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 142,601 $ 899,281 $ 3,722,025 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, January 31, 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 $ 36 $ 1,269 $ 9,909 Defense Vendor Payments (EFT) 1,133 24,262 105,979 Education Department programs 1,594 34,602 71,158 Energy Department programs 263 2,480 10,736 Federal Employees Insurance Payments 231 6,029 23,968 Fed. Highway Administration programs 181 2,539 14,268 Federal Salaries (EFT) 3,401 15,932 56,425 Food and Nutrition Service (misc) 166 8,087 33,843 GSA programs 72 1,398 5,997 Health and Human Services Grants (misc) 559 8,052 31,545 Housing and Urban Development programs 203 8,059 27,697 Interest on Treasury Securities 5,883 10,970 62,032 IRS Tax Refunds Business (EFT) 10 1,477 5,797 IRS Tax Refunds Individual (EFT) 0 98 7,331 Justice Department programs 21 1,338 5,133 Labor Dept. prgms (excl. unemployment) 66 1,112 4,646 Medicaid 494 23,749 90,590 Medicare 19,074 65,217 210,516 NASA programs 0 1,042 5,366 Postal Service Money Orders and Other 317 3,259 13,000 Public Debt Cash Redemp. (Table III-B) 70,198 627,501 2,391,439 Social Security Benefits (EFT) 0 62,986 249,284 Supple. Nutrition Assist. Program (SNAP) 21 365 1,368 Temporary Assistance for Needy Families (HHS) 10 1,304 5,382 Transportation Security Admin. (DHS) 0 30 135 Unemployment Insurance Benefits 107 4,443 18,307 Veterans Affairs programs 432 4,239 16,772 Other Withdrawals: Agency for Internat'l Development 362 1,287 4,433 Federal Crop Ins. Corp. 104 1,986 6,995 International Monetary Fund 201 274 1,291 Military Active Duty Pay (EFT) 3,792 6,722 30,602 Military Retirement (EFT) 3,828 4,171 20,299 Pension Benefit Guaranty Corp. 453 479 1,936 Supple. Security Income Benefits (EFT) 4,147 4,364 21,472 Veterans Benefits (EFT) 5,005 5,411 26,588 Unclassified 626 15,155 75,010 Total, Other Withdrawals 18,516 51,269 243,214 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 122,988 973,107 3,721,837 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 122,988 $ 973,107 $ 3,721,837 Net Change in Operating Cash Balance $ 19,613 $ -73,826 $ 187 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, January 31, 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 $ 363,009 $ 1,703,976 Cash Management Series 0 0 81,002 Notes 126,000 176,994 649,991 Bonds 0 13,000 61,995 Inflation-Protected Securities Increment -63 -1,977 -1,760 Federal Financing Bank 0 0 9,305 Nonmarketable: United States Savings Securities: Cash Issue Price 3 110 257 Interest Increment 1 502 1,871 Government Account Series 252,109 5,238,427 19,477,176 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 32 5,021 19,679 Other 940 21,203 79,463 Total Issues $ 379,023 $ 5,816,288 $ 22,082,954 (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 $ 468,984 $ 1,828,973 Notes 66,933 126,155 446,369 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 33 979 3,292 Government Account Series 265,072 5,247,738 19,136,679 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 2,283 10,161 33,409 Other 949 21,223 79,396 Total Redemptions $ 335,269 $ 5,875,239 $ 21,528,118 Net Change in Public Debt Outstanding $ 43,754 $ -58,951 $ 554,836 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, January 31, 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) $ 379,023 $ 5,816,288 $ 22,082,954 Premium on New Issues 0 0 346 Discount on New Issues: Bills (-) 0 91 477 Bonds and Notes (-) 298 1,143 4,889 Federal Financing Bank (-) 0 0 9,305 Government Account Transactions (-) 252,109 5,238,427 19,477,176 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 502 1,871 Inflation-Protected Securities Increment -47 -1,961 -2,091 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 126,662 $ 578,087 $ 2,591,674 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 335,269 $ 5,875,239 $ 21,528,118 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 (-) 265,072 5,247,738 19,136,679 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 70,198 $ 627,501 $ 2,391,439 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, January 31, 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 $ 12,308,143 $ 12,251,267 $ 12,355,427 $ 11,976,279 Intragovernmental Holdings 4,984,877 4,997,999 4,996,544 4,761,904 Total Public Debt Outstanding 17,293,020 17,249,266 17,351,971 16,738,184 Less: Debt Not Subject to Limit: Other Debt 485 485 485 485 Unamortized Discount 31,354 32,215 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 $ 17,245,687 $ 17,201,072 $ 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 31, 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 $ 10,161 $ 184,981 $ 695,883 Individual Income Taxes 30 6,304 10,315 Railroad Retirement Taxes 61 496 1,721 Excise Taxes 290 6,364 24,740 Corporation Income Taxes 42 10,467 88,461 Federal Unemployment Taxes 2,722 3,424 4,103 Estate and Gift Taxes & Misc IRS Rcpts. 1 34 224 Total $ 13,307 $ 212,070 $ 825,447 Cash Federal Tax Deposits: Direct $ 100 $ 2,889 $ 11,071 Through Depositaries 12,275 201,482 785,078 Total Cash FTD's $ 12,375 $ 204,371 $ 796,149 Inter-agency Transfers 932 7,699 29,299 Total $ 13,307 $ 212,070 $ 825,447 ___________________________________________________________________________________________ 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 31, 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) $ 7 $ 1,467 $ 11,081 IRS Tax Refunds Business (EFT) 10 1,477 5,797 IRS Tax Refunds Individual (Checks) 388 1/ 950 1/ 12,898 IRS Tax Refunds Individual (EFT) 0 1/ 98 1/ 7,331 1/Does not include $12 million offset by Fiscal Service for the month of January 2014, and $158 million for the fiscal year-to-date for the Treasury Offset Program against Tax Refunds issued. 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.