1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, March 13, 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 $ 55,567 $ 42,797 $ 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 $ 55,567 $ 42,797 $ 46,029 $ 88,386 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, March 13, 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) $ 8 $ 206 $ 4,043 Air Transport Security Fees 1 6 960 Cash FTD's Received (Table IV) 5,673 92,821 1,075,535 Commodity Credit Corporation programs 22 238 2,817 Customs and Certain Excise Taxes 52 620 18,691 Deposits by States: Supplemental Security Income 5 87 1,815 Unemployment 22 215 13,494 Education Department programs 97 1,524 19,221 Energy Department programs 14 188 3,379 Estate and Gift Taxes 16 548 8,319 Federal Reserve Earnings 0 4,030 43,791 Foreign Deposits, Military Sales 125 1,726 13,399 Housing and Urban Development programs 1 134 2,079 Individual Income and Employment Taxes, Not Withheld 263 6,587 114,686 Interest recd from cash investments 0 0 0 Justice Department programs 20 708 10,156 Postal Service 322 3,509 41,560 Public Debt Cash Issues (Table III-B) 84,526 222,873 3,467,305 Other Deposits: Federal Housing Admin: Note Sales 142 1,224 11,674 Medicare Premiums 97 726 11,776 Total Other Deposits 239 2,567 107,652 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 91,406 338,586 4,948,901 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 91,406 $ 338,586 $ 4,948,901 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, March 13, 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 $ 27 $ 153 $ 11,004 Defense Vendor Payments (EFT) 2,181 11,495 140,844 Education Department programs 466 5,101 95,323 Energy Department programs 114 1,169 14,239 Federal Employees Insurance Payments 351 3,066 32,436 Fed. Highway Administration programs 183 1,298 17,984 Federal Salaries (EFT) 75 3,401 72,747 Food and Nutrition Service (misc) 440 4,136 45,760 GSA programs 199 1,022 8,377 Health and Human Services Grants (misc) 529 3,386 42,523 Housing and Urban Development programs 128 4,079 38,417 Interest on Treasury Securities 0 69 103,506 IRS Tax Refunds Business (EFT) 21 1,249 8,184 IRS Tax Refunds Individual (EFT) 1,518 29,573 156,655 Justice Department programs 53 532 6,568 Labor Dept. prgms (excl. unemployment) 62 510 6,234 Medicaid 2,491 11,519 125,860 Medicare 1,324 11,607 267,954 NASA programs 136 765 7,335 Postal Service Money Orders and Other 123 1,610 17,758 Public Debt Cash Redemp. (Table III-B) 66,338 167,608 3,030,434 Social Security Benefits (EFT) 45 37,830 350,395 Supple. Nutrition Assist. Program (SNAP) 52 153 1,824 Temporary Assistance for Needy Families (HHS) 154 534 7,001 Transportation Security Admin. (DHS) 1 7 222 Unemployment Insurance Benefits 108 1,611 23,577 Veterans Affairs programs 149 1,682 22,497 Other Withdrawals: TARP 75 76 1,673 Unclassified 1,295 14,428 109,747 Total, Other Withdrawals 1,370 23,885 326,066 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 78,636 329,048 4,981,720 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 78,636 $ 329,048 $ 4,981,720 Net Change in Operating Cash Balance $ 12,770 $ 9,537 $ -32,819 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, March 13, 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 $ 83,003 $ 192,998 $ 2,239,970 Cash Management Series 0 20,001 196,004 Notes 0 0 813,258 Bonds 0 0 87,020 Inflation-Protected Securities Increment 116 1,372 -528 Federal Financing Bank 0 0 9,305 Nonmarketable: United States Savings Securities: Cash Issue Price 2 27 339 Interest Increment 1 426 2,761 Government Account Series 252,956 2,297,482 26,350,357 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 224 1,431 30,408 Other 1,310 8,476 106,094 Total Issues $ 337,613 $ 2,522,213 $ 29,834,989 (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 $ 65,001 $ 155,001 $ 2,293,976 Notes 0 0 576,395 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 40 372 4,362 Government Account Series 251,185 2,306,372 26,031,276 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 4 3,773 49,654 Other 1,293 8,461 106,047 Total Redemptions $ 317,523 $ 2,473,980 $ 29,061,710 Net Change in Public Debt Outstanding $ 20,090 $ 48,233 $ 773,278 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, March 13, 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) $ 337,613 $ 2,522,213 $ 29,834,989 Premium on New Issues 0 0 346 Discount on New Issues: Bills (-) 14 61 644 Bonds and Notes (-) 0 0 5,822 Federal Financing Bank (-) 0 0 9,305 Government Account Transactions (-) 252,956 2,297,482 26,350,357 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 426 2,761 Inflation-Protected Securities Increment 116 1,372 -859 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 84,526 $ 222,873 $ 3,467,305 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 317,523 $ 2,473,980 $ 29,061,710 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 (-) 251,185 2,306,372 26,031,276 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 66,338 $ 167,608 $ 3,030,434 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, March 13, 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 $ 12,550,099 $ 12,531,578 $ 12,492,550 $ 11,976,279 Intragovernmental Holdings 4,961,363 4,959,794 4,970,679 4,761,904 Total Public Debt Outstanding 17,511,462 17,491,372 17,463,229 16,738,184 Less: Debt Not Subject to Limit: Other Debt 485 485 485 485 Unamortized Discount 30,892 30,888 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 $ 17,464,591 $ 17,444,505 $ 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 Thursday, March 13, 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 $ 2,978 $ 90,566 $ 963,549 Individual Income Taxes 72 805 12,202 Railroad Retirement Taxes 5 222 2,574 Excise Taxes 349 1,048 32,077 Corporation Income Taxes 2,274 4,497 101,447 Federal Unemployment Taxes 2 34 4,451 Estate and Gift Taxes & Misc IRS Rcpts. 1 16 295 Total $ 5,681 $ 97,188 $ 1,116,595 Cash Federal Tax Deposits: Direct $ 86 $ 367 $ 14,481 Through Depositaries 5,587 92,453 1,061,053 Total Cash FTD's $ 5,673 $ 92,821 $ 1,075,535 Inter-agency Transfers 9 4,368 41,060 Total $ 5,681 $ 97,188 $ 1,116,595 ___________________________________________________________________________________________ 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, March 13, 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) $ 12 $ 1,262 $ 15,084 IRS Tax Refunds Business (EFT) 21 1,249 8,184 IRS Tax Refunds Individual (Checks) 332 4,473 25,393 IRS Tax Refunds Individual (EFT) 1,518 29,573 156,655 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.