1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, March 24, 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 $ 109,430 $ 102,396 $ 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 $ 109,430 $ 102,396 $ 46,029 $ 88,386 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, March 24, 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) $ 30 $ 380 $ 4,217 Air Transport Security Fees 1 13 967 Cash FTD's Received (Table IV) 13,511 202,388 1,185,102 Commodity Credit Corporation programs 25 480 3,059 Customs and Certain Excise Taxes 1,732 2,846 20,918 Deposits by States: Supplemental Security Income 3 110 1,839 Unemployment 10 347 13,627 Education Department programs 177 2,805 20,501 Energy Department programs 55 379 3,570 Estate and Gift Taxes 37 892 8,663 Federal Reserve Earnings 0 6,255 46,017 Foreign Deposits, Military Sales 28 2,184 13,856 Housing and Urban Development programs 2 254 2,199 Individual Income and Employment Taxes, Not Withheld 478 9,988 118,087 Interest recd from cash investments 0 0 0 Justice Department programs 1,210 2,055 11,504 Postal Service 340 5,793 43,843 Public Debt Cash Issues (Table III-B) 1,016 379,686 3,624,118 Other Deposits: Defense Finance & Accounting Service 51 450 3,302 Medicare Premiums 149 1,806 12,856 Thrift Savings Plan Transfer 81 798 12,932 Total Other Deposits 281 5,215 110,300 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 18,939 622,070 5,232,386 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 18,939 $ 622,070 $ 5,232,386 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, March 24, 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 $ 9 $ 247 $ 11,098 Defense Vendor Payments (EFT) 1,372 21,582 150,930 Education Department programs 842 9,294 99,516 Energy Department programs 92 2,033 15,103 Federal Employees Insurance Payments 454 4,831 34,201 Fed. Highway Administration programs 82 2,073 18,759 Federal Salaries (EFT) 45 9,213 78,560 Food and Nutrition Service (misc) 638 7,249 48,873 GSA programs 29 1,366 8,721 Health and Human Services Grants (misc) 296 5,934 45,071 Housing and Urban Development programs 152 5,233 39,571 Interest on Treasury Securities 0 528 103,965 IRS Tax Refunds Business (EFT) 24 1,626 8,561 IRS Tax Refunds Individual (EFT) 2,236 46,095 173,177 Justice Department programs 59 987 7,022 Labor Dept. prgms (excl. unemployment) 33 827 6,551 Medicaid 484 17,742 132,083 Medicare 1,643 22,993 279,340 NASA programs 47 1,239 7,809 Postal Service Money Orders and Other 143 2,641 18,789 Public Debt Cash Redemp. (Table III-B) 882 297,320 3,160,147 Social Security Benefits (EFT) 63 50,831 363,396 Supple. Nutrition Assist. Program (SNAP) 7 211 1,882 Temporary Assistance for Needy Families (HHS) 106 871 7,338 Transportation Security Admin. (DHS) 1 12 227 Unemployment Insurance Benefits 121 2,633 24,600 Veterans Affairs programs 215 2,924 23,739 Other Withdrawals: HHS: Indian Health Service 84 1,050 3,672 Unclassified 1,746 24,596 119,915 Total, Other Withdrawals 1,831 40,132 342,314 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 11,906 558,670 5,211,342 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 11,906 $ 558,670 $ 5,211,342 Net Change in Operating Cash Balance $ 7,033 $ 63,400 $ 21,044 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, March 24, 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 $ -2 $ 275,998 $ 2,322,970 Cash Management Series 0 20,001 196,004 Notes 0 50,999 864,257 Bonds 0 13,000 100,020 Inflation-Protected Securities Increment 349 2,650 751 Federal Financing Bank 0 0 9,305 Nonmarketable: United States Savings Securities: Cash Issue Price 4 54 366 Interest Increment 2 441 2,776 Government Account Series 246,430 4,056,888 28,109,763 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 179 4,948 33,924 Other 834 14,782 112,400 Total Issues $ 247,797 $ 4,439,761 $ 31,752,536 (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 $ 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 42 638 4,628 Government Account Series 244,994 4,055,541 27,780,445 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 5 5,930 51,811 Other 835 14,748 112,333 Total Redemptions $ 245,876 $ 4,352,861 $ 30,940,591 Net Change in Public Debt Outstanding $ 1,921 $ 86,900 $ 811,945 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, March 24, 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) $ 247,797 $ 4,439,761 $ 31,752,536 Premium on New Issues 0 38 384 Discount on New Issues: Bills (-) 0 75 658 Bonds and Notes (-) 0 58 5,880 Federal Financing Bank (-) 0 0 9,305 Government Account Transactions (-) 246,430 4,056,888 28,109,763 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 441 2,776 Inflation-Protected Securities Increment 349 2,650 419 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,016 $ 379,686 $ 3,624,118 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 245,876 $ 4,352,861 $ 30,940,591 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 (-) 244,994 4,055,541 27,780,445 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 882 $ 297,320 $ 3,160,147 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, March 24, 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 $ 12,578,350 $ 12,577,834 $ 12,492,550 $ 11,976,279 Intragovernmental Holdings 4,971,778 4,970,372 4,970,679 4,761,904 Total Public Debt Outstanding 17,550,128 17,548,207 17,463,229 16,738,184 Less: Debt Not Subject to Limit: Other Debt 485 485 485 485 Unamortized Discount 30,789 30,821 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 $ 17,503,360 $ 17,501,407 $ 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 Monday, March 24, 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 $ 13,302 $ 168,840 $ 1,041,823 Individual Income Taxes 116 1,576 12,972 Railroad Retirement Taxes 33 383 2,735 Excise Taxes 47 3,203 34,233 Corporation Income Taxes 79 34,358 131,309 Federal Unemployment Taxes 5 64 4,481 Estate and Gift Taxes & Misc IRS Rcpts. -4 22 300 Total $ 13,577 $ 208,445 $ 1,227,852 Cash Federal Tax Deposits: Direct $ 49 $ 1,471 $ 15,585 Through Depositaries 13,463 200,917 1,169,516 Total Cash FTD's $ 13,511 $ 202,388 $ 1,185,102 Inter-agency Transfers 66 6,057 42,750 Total $ 13,577 $ 208,445 $ 1,227,852 ___________________________________________________________________________________________ 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 Monday, March 24, 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) $ 27 $ 1,952 $ 15,774 IRS Tax Refunds Business (EFT) 24 1,626 8,561 IRS Tax Refunds Individual (Checks) 338 9,234 30,154 IRS Tax Refunds Individual (EFT) 2,236 46,095 173,177 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.