1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, March 20, 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 $ 106,020 $ 118,033 $ 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 $ 106,020 $ 118,033 $ 46,029 $ 88,386 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, March 20, 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) $ 28 $ 333 $ 4,170 Air Transport Security Fees 1 11 965 Cash FTD's Received (Table IV) 2,268 182,720 1,165,434 Commodity Credit Corporation programs 33 422 3,001 Customs and Certain Excise Taxes 81 1,008 19,080 Deposits by States: Supplemental Security Income 7 104 1,832 Unemployment 15 322 13,602 Education Department programs 106 2,409 20,106 Energy Department programs 29 301 3,492 Estate and Gift Taxes 71 836 8,607 Federal Reserve Earnings 0 6,255 46,017 Foreign Deposits, Military Sales 80 2,148 13,821 Housing and Urban Development programs 4 145 2,089 Individual Income and Employment Taxes, Not Withheld 321 9,123 117,222 Interest recd from cash investments 0 0 0 Justice Department programs 8 825 10,274 Postal Service 300 5,167 43,217 Public Debt Cash Issues (Table III-B) 84,510 376,900 3,621,332 Other Deposits: Gas and Oil Lease Sales Proceeds 111 172 255 Medicare Premiums 581 1,501 12,551 Thrift Savings Plan Transfer 93 707 12,841 Total Other Deposits 785 4,407 109,492 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 88,647 593,436 5,203,752 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 88,647 $ 593,436 $ 5,203,752 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, March 20, 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 $ 7 $ 221 $ 11,072 Defense Vendor Payments (EFT) 1,584 18,492 147,840 Education Department programs 482 7,901 98,123 Energy Department programs 379 1,982 15,052 Federal Employees Insurance Payments 212 4,079 33,450 Fed. Highway Administration programs 95 1,876 18,562 Federal Salaries (EFT) 744 9,091 78,438 Food and Nutrition Service (misc) 344 6,325 47,950 GSA programs 59 1,294 8,648 Health and Human Services Grants (misc) 357 5,292 44,429 Housing and Urban Development programs 164 4,922 39,260 Interest on Treasury Securities 0 528 103,965 IRS Tax Refunds Business (EFT) 12 1,416 8,351 IRS Tax Refunds Individual (EFT) 1,388 41,961 169,044 Justice Department programs 52 803 6,839 Labor Dept. prgms (excl. unemployment) 67 749 6,472 Medicaid 1,129 16,098 130,439 Medicare 1,531 18,750 275,097 NASA programs 32 1,114 7,684 Postal Service Money Orders and Other 141 2,365 18,513 Public Debt Cash Redemp. (Table III-B) 90,316 295,570 3,158,396 Social Security Benefits (EFT) 58 50,721 363,286 Supple. Nutrition Assist. Program (SNAP) 11 200 1,870 Temporary Assistance for Needy Families (HHS) 34 746 7,213 Transportation Security Admin. (DHS) 1 11 226 Unemployment Insurance Benefits 97 2,439 24,406 Veterans Affairs programs 152 2,568 23,383 Other Withdrawals: Federal Transit Admin. 66 425 5,142 HHS: Indian Health Service 56 942 3,564 Interior 89 569 3,626 State Department 107 554 4,767 Unclassified 894 20,919 116,238 Total, Other Withdrawals 1,211 35,929 338,111 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 100,659 533,445 5,186,117 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 100,659 $ 533,445 $ 5,186,117 Net Change in Operating Cash Balance $ -12,012 $ 59,991 $ 17,635 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, March 20, 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 $ 276,000 $ 2,322,972 Cash Management Series 0 20,001 196,004 Notes 0 50,999 864,257 Bonds 0 13,000 100,020 Inflation-Protected Securities Increment 116 2,185 286 Federal Financing Bank 0 0 9,305 Nonmarketable: United States Savings Securities: Cash Issue Price 4 46 359 Interest Increment 3 437 2,772 Government Account Series 252,070 3,564,416 27,617,291 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 239 3,835 32,812 Other 1,277 13,113 110,731 Total Issues $ 336,712 $ 3,944,034 $ 31,256,810 (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 $ 89,002 $ 244,004 $ 2,382,979 Notes 0 32,000 608,395 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 39 563 4,553 Government Account Series 248,961 3,564,760 27,289,664 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 4 5,925 51,806 Other 1,270 13,079 110,664 Total Redemptions $ 339,277 $ 3,860,330 $ 30,448,061 Net Change in Public Debt Outstanding $ -2,565 $ 83,704 $ 808,749 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, March 20, 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) $ 336,712 $ 3,944,034 $ 31,256,810 Premium on New Issues 0 38 384 Discount on New Issues: Bills (-) 14 75 658 Bonds and Notes (-) 0 58 5,880 Federal Financing Bank (-) 0 0 9,305 Government Account Transactions (-) 252,070 3,564,416 27,617,291 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 437 2,772 Inflation-Protected Securities Increment 116 2,185 -46 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 84,510 $ 376,900 $ 3,621,332 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 339,277 $ 3,860,330 $ 30,448,061 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 (-) 248,961 3,564,760 27,289,664 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 90,316 $ 295,570 $ 3,158,396 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, March 20, 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 $ 12,576,776 $ 12,582,505 $ 12,492,550 $ 11,976,279 Intragovernmental Holdings 4,970,157 4,966,993 4,970,679 4,761,904 Total Public Debt Outstanding 17,546,933 17,549,497 17,463,229 16,738,184 Less: Debt Not Subject to Limit: Other Debt 485 485 485 485 Unamortized Discount 30,832 30,828 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 $ 17,500,122 $ 17,502,690 $ 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 20, 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 $ 2,799 $ 149,557 $ 1,022,539 Individual Income Taxes 91 1,369 12,766 Railroad Retirement Taxes 1 330 2,682 Excise Taxes 34 3,127 34,156 Corporation Income Taxes 99 34,244 131,194 Federal Unemployment Taxes 2 55 4,472 Estate and Gift Taxes & Misc IRS Rcpts. 1 23 302 Total $ 3,026 $ 188,705 $ 1,208,111 Cash Federal Tax Deposits: Direct $ 63 $ 1,372 $ 15,486 Through Depositaries 2,205 181,348 1,149,947 Total Cash FTD's $ 2,268 $ 182,720 $ 1,165,434 Inter-agency Transfers 759 5,985 42,678 Total $ 3,026 $ 188,705 $ 1,208,111 ___________________________________________________________________________________________ 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 20, 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) $ 31 $ 1,888 $ 15,710 IRS Tax Refunds Business (EFT) 12 1,416 8,351 IRS Tax Refunds Individual (Checks) 347 7,569 28,489 IRS Tax Refunds Individual (EFT) 1,388 41,961 169,044 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.