1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, March 26, 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 $ 89,067 $ 102,572 $ 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 $ 89,067 $ 102,572 $ 46,029 $ 88,386 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, March 26, 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) $ 24 $ 466 $ 4,302 Air Transport Security Fees 5 19 973 Cash FTD's Received (Table IV) 7,871 212,133 1,194,847 Commodity Credit Corporation programs 19 522 3,101 Customs and Certain Excise Taxes 63 2,984 21,056 Deposits by States: Supplemental Security Income 4 117 1,846 Unemployment 19 377 13,657 Education Department programs 108 3,110 20,806 Energy Department programs 108 534 3,725 Estate and Gift Taxes 45 1,004 8,774 Federal Reserve Earnings 2,120 8,375 48,137 Foreign Deposits, Military Sales 3 2,191 13,864 Housing and Urban Development programs 24 283 2,228 Individual Income and Employment Taxes, Not Withheld 1,286 11,845 119,944 Interest recd from cash investments 0 0 0 Justice Department programs 8 2,071 11,520 Postal Service 279 6,460 44,510 Public Debt Cash Issues (Table III-B) 981 381,597 3,626,029 Other Deposits: Environmental Protection Agency 112 131 393 Medicare Premiums 135 2,042 13,092 Thrift Savings Plan Transfer 888 2,530 14,664 Total Other Deposits 1,135 7,295 112,380 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 14,101 641,383 5,251,698 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 14,101 $ 641,383 $ 5,251,698 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, March 26, 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 $ 10 $ 290 $ 11,141 Defense Vendor Payments (EFT) 1,062 24,115 153,463 Education Department programs 586 10,519 100,741 Energy Department programs 128 2,237 15,307 Federal Employees Insurance Payments 253 5,345 34,715 Fed. Highway Administration programs 150 2,388 19,074 Federal Salaries (EFT) 85 9,377 78,724 Food and Nutrition Service (misc) 203 7,682 49,306 GSA programs 53 1,475 8,829 Health and Human Services Grants (misc) 424 6,765 45,901 Housing and Urban Development programs 179 5,554 39,892 Interest on Treasury Securities 0 528 103,965 IRS Tax Refunds Business (EFT) 0 1,644 8,579 IRS Tax Refunds Individual (EFT) 4,326 51,752 178,834 Justice Department programs 46 1,087 7,123 Labor Dept. prgms (excl. unemployment) 66 982 6,705 Medicaid 904 20,734 135,076 Medicare 3,009 27,606 283,953 NASA programs 66 1,445 8,014 Postal Service Money Orders and Other 125 2,891 19,039 Public Debt Cash Redemp. (Table III-B) 813 299,075 3,161,901 Social Security Benefits (EFT) 12,875 63,754 376,319 Supple. Nutrition Assist. Program (SNAP) 5 223 1,893 Temporary Assistance for Needy Families (HHS) 144 1,042 7,510 Transportation Security Admin. (DHS) 1 14 229 Unemployment Insurance Benefits 204 3,081 25,047 Veterans Affairs programs 135 3,216 24,031 Other Withdrawals: Agriculture 60 705 5,820 Export-Import Bank 71 391 2,053 Interior 80 734 3,790 International Monetary Fund 51 81 2,191 State Department 50 694 4,908 Veterans Benefits (EFT) 57 537 32,700 Unclassified 1,386 27,505 122,824 Total, Other Withdrawals 1,756 43,525 345,707 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 27,606 598,345 5,251,017 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 27,606 $ 598,345 $ 5,251,017 Net Change in Operating Cash Balance $ -13,505 $ 43,038 $ 681 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, March 26, 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 115 2,883 983 Federal Financing Bank 0 0 9,305 Nonmarketable: United States Savings Securities: Cash Issue Price 3 59 372 Interest Increment 2 446 2,781 Government Account Series 251,820 4,560,907 28,613,782 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 205 5,246 34,223 Other 772 16,388 114,006 Total Issues $ 252,918 $ 4,945,928 $ 32,258,704 (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 38 718 4,709 Government Account Series 264,009 4,566,002 28,290,906 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 5,934 51,815 Other 775 16,419 114,004 Total Redemptions $ 264,822 $ 4,865,077 $ 31,452,807 Net Change in Public Debt Outstanding $ -11,904 $ 80,851 $ 805,897 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, March 26, 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) $ 252,918 $ 4,945,928 $ 32,258,704 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 (-) 251,820 4,560,907 28,613,782 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 446 2,781 Inflation-Protected Securities Increment 115 2,883 652 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 981 $ 381,597 $ 3,626,029 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 264,822 $ 4,865,077 $ 31,452,807 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 (-) 264,009 4,566,002 28,290,906 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 813 $ 299,075 $ 3,161,901 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, March 26, 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 $ 12,580,618 $ 12,579,227 $ 12,492,550 $ 11,976,279 Intragovernmental Holdings 4,963,462 4,976,757 4,970,679 4,761,904 Total Public Debt Outstanding 17,544,080 17,555,984 17,463,229 16,738,184 Less: Debt Not Subject to Limit: Other Debt 485 485 485 485 Unamortized Discount 30,768 30,778 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 $ 17,497,333 $ 17,509,227 $ 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 Wednesday, March 26, 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 $ 7,314 $ 177,976 $ 1,050,959 Individual Income Taxes 120 1,818 13,214 Railroad Retirement Taxes 14 438 2,791 Excise Taxes 390 3,717 34,746 Corporation Income Taxes 31 34,449 131,399 Federal Unemployment Taxes 5 72 4,489 Estate and Gift Taxes & Misc IRS Rcpts. 3 26 305 Total $ 7,878 $ 218,496 $ 1,237,902 Cash Federal Tax Deposits: Direct $ 65 $ 1,582 $ 15,696 Through Depositaries 7,806 210,551 1,179,150 Total Cash FTD's $ 7,871 $ 212,133 $ 1,194,847 Inter-agency Transfers 7 6,363 43,056 Total $ 7,878 $ 218,496 $ 1,237,902 ___________________________________________________________________________________________ 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 Wednesday, March 26, 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) $ 148 $ 2,711 $ 16,533 IRS Tax Refunds Business (EFT) 0 1,644 8,579 IRS Tax Refunds Individual (Checks) 418 10,095 31,015 IRS Tax Refunds Individual (EFT) 4,326 51,752 178,834 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.