1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, March 11, 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 $ 56,775 $ 63,481 $ 46,029 $ 88,386 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 56,775 $ 63,481 $ 46,029 $ 88,386 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, March 11, 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) $ 27 $ 189 $ 4,026 Air Transport Security Fees 1 5 959 Cash FTD's Received (Table IV) 3,361 78,504 1,061,218 Commodity Credit Corporation programs 30 190 2,769 Customs and Certain Excise Taxes 74 517 18,588 Deposits by States: Supplemental Security Income 5 78 1,806 Unemployment 25 171 13,450 Education Department programs 206 1,301 18,997 Energy Department programs 15 163 3,354 Estate and Gift Taxes 17 471 8,242 Federal Reserve Earnings 0 1,620 41,382 Foreign Deposits, Military Sales 14 1,591 13,264 Housing and Urban Development programs 28 131 2,075 Individual Income and Employment Taxes, Not Withheld 469 5,558 113,657 Interest recd from cash investments 0 0 0 Justice Department programs 15 676 10,124 Postal Service 422 2,870 40,920 Public Debt Cash Issues (Table III-B) 951 137,462 3,381,894 Other Deposits: Federal Housing Admin: Note Sales 58 1,021 11,470 Medicare Premiums 166 588 11,638 Total Other Deposits 224 2,139 107,224 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 5,881 233,635 4,843,950 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 5,881 $ 233,635 $ 4,843,950 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, March 11, 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 $ 17 $ 119 $ 10,970 Defense Vendor Payments (EFT) 1,261 8,073 137,421 Education Department programs 585 3,964 94,186 Energy Department programs 414 965 14,035 Federal Employees Insurance Payments 255 2,452 31,822 Fed. Highway Administration programs 142 1,016 17,702 Federal Salaries (EFT) 77 3,229 72,575 Food and Nutrition Service (misc) 449 3,231 44,855 GSA programs 179 933 8,287 Health and Human Services Grants (misc) 353 2,487 41,624 Housing and Urban Development programs 147 3,796 38,134 Interest on Treasury Securities 0 69 103,506 IRS Tax Refunds Business (EFT) 166 1,153 8,088 IRS Tax Refunds Individual (EFT) 1,716 22,342 149,424 Justice Department programs 63 418 6,454 Labor Dept. prgms (excl. unemployment) 36 399 6,123 Medicaid 1,430 8,216 122,557 Medicare 1,276 8,809 265,156 NASA programs 90 489 7,059 Postal Service Money Orders and Other 162 1,338 17,486 Public Debt Cash Redemp. (Table III-B) 877 100,400 2,963,226 Social Security Benefits (EFT) 61 24,838 337,402 Supple. Nutrition Assist. Program (SNAP) 9 99 1,769 Temporary Assistance for Needy Families (HHS) 33 353 6,820 Transportation Security Admin. (DHS) 1 6 221 Unemployment Insurance Benefits 290 1,286 23,252 Veterans Affairs programs 169 1,363 22,178 Other Withdrawals: Interior 83 247 3,303 State Department 50 254 4,468 Thrift Savings Plan Transfer 85 707 18,173 Treasury Department programs 502 613 1,096 Unclassified 1,612 11,717 107,036 Total, Other Withdrawals 2,332 21,049 323,230 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 12,587 222,890 4,875,561 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 12,587 $ 222,890 $ 4,875,561 Net Change in Operating Cash Balance $ -6,706 $ 10,745 $ -31,611 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, March 11, 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 $ 109,995 $ 2,156,967 Cash Management Series 0 20,001 196,004 Notes 0 0 813,258 Bonds 0 0 87,020 Inflation-Protected Securities Increment 115 1,141 -759 Federal Financing Bank 0 0 9,305 Nonmarketable: United States Savings Securities: Cash Issue Price 2 22 335 Interest Increment 1 423 2,758 Government Account Series 255,069 1,791,974 25,844,849 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 122 1,160 30,137 Other 828 6,330 103,949 Total Issues $ 256,136 $ 1,931,047 $ 29,243,823 (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 $ 90,000 $ 2,228,975 Notes 0 0 576,395 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 43 294 4,285 Government Account Series 249,306 1,792,300 25,517,204 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 4 3,769 49,650 Other 830 6,337 103,922 Total Redemptions $ 250,183 $ 1,892,700 $ 28,480,430 Net Change in Public Debt Outstanding $ 5,954 $ 38,347 $ 763,393 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, March 11, 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) $ 256,136 $ 1,931,047 $ 29,243,823 Premium on New Issues 0 0 346 Discount on New Issues: Bills (-) 0 47 630 Bonds and Notes (-) 0 0 5,822 Federal Financing Bank (-) 0 0 9,305 Government Account Transactions (-) 255,069 1,791,974 25,844,849 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 423 2,758 Inflation-Protected Securities Increment 115 1,141 -1,090 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 951 $ 137,462 $ 3,381,894 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 250,183 $ 1,892,700 $ 28,480,430 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 (-) 249,306 1,792,300 25,517,204 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 877 $ 100,400 $ 2,963,226 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, March 11, 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 $ 12,531,447 $ 12,531,387 $ 12,492,550 $ 11,976,279 Intragovernmental Holdings 4,970,129 4,964,236 4,970,679 4,761,904 Total Public Debt Outstanding 17,501,576 17,495,622 17,463,229 16,738,184 Less: Debt Not Subject to Limit: Other Debt 485 485 485 485 Unamortized Discount 30,899 30,909 30,968 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 $ 17,454,698 $ 17,448,734 $ 17,416,282 $ 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, March 11, 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 $ 3,074 $ 80,213 $ 953,195 Individual Income Taxes 56 652 12,049 Railroad Retirement Taxes 13 213 2,565 Excise Taxes 39 259 31,289 Corporation Income Taxes 516 1,479 98,429 Federal Unemployment Taxes 3 27 4,445 Estate and Gift Taxes & Misc IRS Rcpts. 2 14 292 Total $ 3,704 $ 82,857 $ 1,102,264 Cash Federal Tax Deposits: Direct $ 49 $ 236 $ 14,350 Through Depositaries 3,311 78,268 1,046,868 Total Cash FTD's $ 3,361 $ 78,504 $ 1,061,218 Inter-agency Transfers 343 4,353 41,046 Total $ 3,704 $ 82,857 $ 1,102,264 ___________________________________________________________________________________________ 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, March 11, 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) $ 407 $ 1,214 $ 15,036 IRS Tax Refunds Business (EFT) 166 1,153 8,088 IRS Tax Refunds Individual (Checks) 495 3,738 24,658 IRS Tax Refunds Individual (EFT) 1,716 22,342 149,424 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.