1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, March 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 $ 102,572 $ 109,430 $ 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 $ 102,572 $ 109,430 $ 46,029 $ 88,386 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, March 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) $ 62 $ 442 $ 4,278 Air Transport Security Fees 1 14 968 Cash FTD's Received (Table IV) 1,874 204,262 1,186,976 Commodity Credit Corporation programs 23 503 3,082 Customs and Certain Excise Taxes 75 2,922 20,993 Deposits by States: Supplemental Security Income 3 114 1,842 Unemployment 11 358 13,637 Education Department programs 197 3,002 20,699 Energy Department programs 46 425 3,616 Estate and Gift Taxes 65 957 8,728 Federal Reserve Earnings 0 6,255 46,017 Foreign Deposits, Military Sales 5 2,188 13,861 Housing and Urban Development programs 5 259 2,204 Individual Income and Employment Taxes, Not Withheld 575 10,563 118,662 Interest recd from cash investments 0 0 0 Justice Department programs 8 2,063 11,512 Postal Service 388 6,181 44,231 Public Debt Cash Issues (Table III-B) 930 380,616 3,625,049 Other Deposits: Medicare Premiums 101 1,907 12,957 Thrift Savings Plan Transfer 844 1,642 13,777 Total Other Deposits 946 6,161 111,246 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 5,214 627,285 5,237,600 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 5,214 $ 627,285 $ 5,237,600 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, March 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 $ 33 $ 280 $ 11,131 Defense Vendor Payments (EFT) 1,471 23,053 152,401 Education Department programs 638 9,932 100,154 Energy Department programs 76 2,109 15,179 Federal Employees Insurance Payments 261 5,092 34,462 Fed. Highway Administration programs 165 2,238 18,924 Federal Salaries (EFT) 79 9,293 78,639 Food and Nutrition Service (misc) 230 7,479 49,103 GSA programs 55 1,421 8,776 Health and Human Services Grants (misc) 407 6,341 45,478 Housing and Urban Development programs 142 5,375 39,713 Interest on Treasury Securities 0 528 103,965 IRS Tax Refunds Business (EFT) 17 1,644 8,578 IRS Tax Refunds Individual (EFT) 1,338 47,432 174,515 Justice Department programs 54 1,041 7,077 Labor Dept. prgms (excl. unemployment) 88 916 6,639 Medicaid 2,088 19,831 134,172 Medicare 1,604 24,598 280,944 NASA programs 139 1,378 7,948 Postal Service Money Orders and Other 124 2,766 18,914 Public Debt Cash Redemp. (Table III-B) 942 298,262 3,161,088 Social Security Benefits (EFT) 48 50,879 363,444 Supple. Nutrition Assist. Program (SNAP) 6 217 1,888 Temporary Assistance for Needy Families (HHS) 28 899 7,366 Transportation Security Admin. (DHS) 1 13 228 Unemployment Insurance Benefits 243 2,877 24,843 Veterans Affairs programs 157 3,082 23,897 Other Withdrawals: Emergency Prep & Response (DHS) 59 554 4,998 Federal Financing Bank 56 256 3,844 Unclassified 1,519 26,116 121,434 Total, Other Withdrawals 1,634 41,766 343,948 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 12,072 570,742 5,223,414 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 12,072 $ 570,742 $ 5,223,414 Net Change in Operating Cash Balance $ -6,857 $ 56,543 $ 14,186 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, March 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 $ 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 117 2,768 868 Federal Financing Bank 0 0 9,305 Nonmarketable: United States Savings Securities: Cash Issue Price 3 56 369 Interest Increment 2 443 2,778 Government Account Series 252,200 4,309,088 28,361,963 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 93 5,041 34,018 Other 834 15,616 113,234 Total Issues $ 253,250 $ 4,693,010 $ 32,005,786 (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 42 681 4,671 Government Account Series 246,452 4,301,993 28,026,897 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 4 5,934 51,815 Other 896 15,644 113,229 Total Redemptions $ 247,394 $ 4,600,255 $ 31,187,985 Net Change in Public Debt Outstanding $ 5,856 $ 92,755 $ 817,801 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, March 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) $ 253,250 $ 4,693,010 $ 32,005,786 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 (-) 252,200 4,309,088 28,361,963 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 443 2,778 Inflation-Protected Securities Increment 117 2,768 536 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 930 $ 380,616 $ 3,625,049 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 247,394 $ 4,600,255 $ 31,187,985 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 (-) 246,452 4,301,993 28,026,897 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 942 $ 298,262 $ 3,161,088 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, March 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 $ 12,579,227 $ 12,578,350 $ 12,492,550 $ 11,976,279 Intragovernmental Holdings 4,976,757 4,971,778 4,970,679 4,761,904 Total Public Debt Outstanding 17,555,984 17,550,128 17,463,229 16,738,184 Less: Debt Not Subject to Limit: Other Debt 485 485 485 485 Unamortized Discount 30,778 30,789 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 $ 17,509,227 $ 17,503,360 $ 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 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 $ 1,822 $ 170,662 $ 1,043,644 Individual Income Taxes 123 1,698 13,094 Railroad Retirement Taxes 41 424 2,776 Excise Taxes 124 3,327 34,356 Corporation Income Taxes 59 34,418 131,368 Federal Unemployment Taxes 3 67 4,484 Estate and Gift Taxes & Misc IRS Rcpts. 1 23 301 Total $ 2,173 $ 210,618 $ 1,230,024 Cash Federal Tax Deposits: Direct $ 46 $ 1,517 $ 15,631 Through Depositaries 1,828 202,745 1,171,344 Total Cash FTD's $ 1,874 $ 204,262 $ 1,186,976 Inter-agency Transfers 299 6,356 43,049 Total $ 2,173 $ 210,618 $ 1,230,024 ___________________________________________________________________________________________ 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 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) $ 611 $ 2,563 $ 16,385 IRS Tax Refunds Business (EFT) 17 1,644 8,578 IRS Tax Refunds Individual (Checks) 442 9,677 30,597 IRS Tax Refunds Individual (EFT) 1,338 47,432 174,515 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.