1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, February 25, 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 $ 45,589 $ 55,912 $ 88,573 $ 88,386 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 45,589 $ 55,912 $ 88,573 $ 88,386 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, February 25, 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) $ 25 $ 465 $ 3,432 Air Transport Security Fees 3 22 748 Cash FTD's Received (Table IV) 2,335 162,357 958,506 Commodity Credit Corporation programs 26 471 2,472 Customs and Certain Excise Taxes 1,959 3,186 17,857 Deposits by States: Supplemental Security Income 16 56 1,498 Unemployment 31 3,290 13,179 Education Department programs 166 3,379 17,191 Energy Department programs 73 709 3,029 Estate and Gift Taxes 37 968 7,592 Federal Reserve Earnings 0 6,765 37,674 Foreign Deposits, Military Sales 2 2,049 11,586 Housing and Urban Development programs 4 510 1,890 Individual Income and Employment Taxes, Not Withheld 287 4,016 107,035 Interest recd from cash investments 0 0 0 Justice Department programs 9 919 9,399 Postal Service 414 6,111 37,085 Public Debt Cash Issues (Table III-B) 904 446,095 3,037,769 Other Deposits: Medicare Premiums 107 1,928 10,801 Total Other Deposits 107 7,689 103,141 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 6,397 649,057 4,371,081 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 6,397 $ 649,057 $ 4,371,081 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, February 25, 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 $ 18 $ 883 $ 10,793 Defense Vendor Payments (EFT) 1,447 19,254 125,233 Education Department programs 762 16,426 87,584 Energy Department programs 92 1,753 12,489 Federal Employees Insurance Payments 235 4,730 28,698 Fed. Highway Administration programs 223 2,001 16,269 Federal Salaries (EFT) 119 9,479 65,904 Food and Nutrition Service (misc) 224 7,208 41,051 GSA programs 36 1,206 7,203 Health and Human Services Grants (misc) 532 6,041 37,586 Housing and Urban Development programs 195 6,166 33,863 Interest on Treasury Securities 0 35,459 97,491 IRS Tax Refunds Business (EFT) 6 1,107 6,904 IRS Tax Refunds Individual (EFT) 5,779 104,860 112,191 Justice Department programs 83 752 5,885 Labor Dept. prgms (excl. unemployment) 86 873 5,519 Medicaid 1,439 19,834 110,424 Medicare 2,032 24,270 234,786 NASA programs 79 1,096 6,462 Postal Service Money Orders and Other 130 2,595 15,595 Public Debt Cash Redemp. (Table III-B) 876 332,018 2,723,457 Social Security Benefits (EFT) 1 50,479 299,762 Supple. Nutrition Assist. Program (SNAP) 16 244 1,612 Temporary Assistance for Needy Families (HHS) 65 871 6,253 Transportation Security Admin. (DHS) 1 78 213 Unemployment Insurance Benefits 313 3,222 21,529 Veterans Affairs programs 180 2,984 19,756 Other Withdrawals: Agriculture 55 761 5,014 Export-Import Bank 218 347 1,308 Unclassified 1,477 16,866 91,876 Total, Other Withdrawals 1,750 36,152 279,366 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 16,720 692,041 4,413,878 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 16,720 $ 692,041 $ 4,413,878 Net Change in Operating Cash Balance $ -10,323 $ -42,984 $ -42,797 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, February 25, 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 $ 257,994 $ 1,961,971 Cash Management Series 0 95,001 176,003 Notes 0 53,998 703,989 Bonds 0 16,000 77,994 Inflation-Protected Securities Increment -2 -132 -1,891 Federal Financing Bank 0 0 9,305 Nonmarketable: United States Savings Securities: Cash Issue Price 2 46 304 Interest Increment 1 461 2,332 Government Account Series 259,730 3,786,954 23,264,130 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 72 8,360 28,039 Other 829 15,149 94,612 Total Issues $ 260,632 $ 4,233,833 $ 26,316,788 (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 $ 243,002 $ 2,071,975 Notes 0 60,816 507,185 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 44 593 3,884 Government Account Series 253,757 3,775,614 22,912,294 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 2 12,420 45,829 Other 830 15,188 94,583 Total Redemptions $ 254,632 $ 4,107,633 $ 25,635,751 Net Change in Public Debt Outstanding $ 6,000 $ 126,200 $ 681,037 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, February 25, 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) $ 260,632 $ 4,233,833 $ 26,316,788 Premium on New Issues 0 0 346 Discount on New Issues: Bills (-) 0 93 570 Bonds and Notes (-) 0 361 5,250 Federal Financing Bank (-) 0 0 9,305 Government Account Transactions (-) 259,730 3,786,954 23,264,130 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 461 2,332 Inflation-Protected Securities Increment -2 -132 -2,223 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 904 $ 446,095 $ 3,037,769 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 254,632 $ 4,107,633 $ 25,635,751 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 (-) 253,757 3,775,614 22,912,294 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 876 $ 332,018 $ 2,723,457 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, February 25, 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 $ 12,424,949 $ 12,424,985 $ 12,308,143 $ 11,976,279 Intragovernmental Holdings 4,994,271 4,988,236 4,984,877 4,761,904 Total Public Debt Outstanding 17,419,220 17,413,220 17,293,020 16,738,184 Less: Debt Not Subject to Limit: Other Debt 485 485 485 485 Unamortized Discount 31,187 31,198 31,354 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 $ 17,372,054 $ 17,366,044 $ 17,245,687 $ 16,699,396 Statutory Debt Limit * * * $ 16,699,421 *Statutory debt limit temporarily suspended through March 15, 2015. 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, February 25, 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 $ 2,098 $ 155,322 $ 851,206 Individual Income Taxes 61 773 11,087 Railroad Retirement Taxes 40 573 2,294 Excise Taxes 91 3,562 28,301 Corporation Income Taxes 61 8,246 96,707 Federal Unemployment Taxes 4 301 4,404 Estate and Gift Taxes & Misc IRS Rcpts. 1 50 274 Total $ 2,356 $ 168,826 $ 994,273 Cash Federal Tax Deposits: Direct $ 61 $ 2,169 $ 13,239 Through Depositaries 2,275 160,188 945,266 Total Cash FTD's $ 2,335 $ 162,357 $ 958,506 Inter-agency Transfers 21 6,469 35,767 Total $ 2,356 $ 168,826 $ 994,273 ___________________________________________________________________________________________ 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, February 25, 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) $ 406 $ 2,350 $ 13,432 IRS Tax Refunds Business (EFT) 6 1,107 6,904 IRS Tax Refunds Individual (Checks) 278 5,726 18,625 IRS Tax Refunds Individual (EFT) 5,779 104,860 112,191 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.