1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, March 31, 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 $ 142,189 $ 83,829 $ 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 $ 142,189 $ 83,829 $ 46,029 $ 88,386 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, March 31, 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) $ 0 $ 571 $ 4,408 Air Transport Security Fees 166 201 1,155 Cash FTD's Received (Table IV) 16,632 240,393 1,223,107 Commodity Credit Corporation programs 19 583 3,162 Customs and Certain Excise Taxes 62 3,217 21,289 Deposits by States: Supplemental Security Income 9 427 2,155 Unemployment 12 424 13,703 Education Department programs 135 3,509 21,206 Energy Department programs 33 652 3,843 Estate and Gift Taxes 82 1,142 8,913 Federal Reserve Earnings 0 8,375 48,137 Foreign Deposits, Military Sales 25 2,358 14,031 Housing and Urban Development programs 11 315 2,260 Individual Income and Employment Taxes, Not Withheld 809 13,442 121,540 Interest recd from cash investments 0 0 0 Justice Department programs 12 2,123 11,572 Postal Service 369 7,402 45,452 Public Debt Cash Issues (Table III-B) 109,765 586,349 3,830,782 Other Deposits: Comptroller of the Currency-Assessment 492 493 853 Defense Finance & Accounting Service 51 584 3,436 Federal Finance Bank 437 644 1,093 FSA Tobacco Assessments 105 225 470 GSE Dividends 17,626 17,626 56,679 Minerals Management Svc/Collections 796 942 5,691 Total Other Deposits 19,507 31,646 136,731 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 147,648 903,131 5,513,446 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 147,648 $ 903,131 $ 5,513,446 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, March 31, 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 $ 11 $ 341 $ 11,192 Defense Vendor Payments (EFT) 835 27,631 156,979 Education Department programs 580 12,681 102,903 Energy Department programs 264 2,809 15,879 Federal Employees Insurance Payments 167 6,250 35,620 Fed. Highway Administration programs 113 2,863 19,549 Federal Salaries (EFT) 1,416 13,903 83,249 Food and Nutrition Service (misc) 330 8,418 50,043 GSA programs 51 1,656 9,010 Health and Human Services Grants (misc) 508 8,280 47,416 Housing and Urban Development programs 174 6,018 40,355 Interest on Treasury Securities 5,994 6,520 109,957 IRS Tax Refunds Business (EFT) 27 2,172 9,107 IRS Tax Refunds Individual (EFT) 1,793 56,693 183,776 Justice Department programs 17 1,237 7,273 Labor Dept. prgms (excl. unemployment) 25 1,150 6,874 Medicaid 585 23,422 137,763 Medicare 1,311 32,130 288,477 NASA programs 0 1,582 8,152 Postal Service Money Orders and Other 411 3,533 19,681 Public Debt Cash Redemp. (Table III-B) 72,335 465,571 3,328,397 Social Security Benefits (EFT) 0 63,752 376,317 Supple. Nutrition Assist. Program (SNAP) 17 304 1,975 Temporary Assistance for Needy Families (HHS) 27 1,464 7,931 Transportation Security Admin. (DHS) 0 16 231 Unemployment Insurance Benefits 124 3,390 25,357 Veterans Affairs programs 192 3,799 24,614 Other Withdrawals: Export-Import Bank 130 524 2,186 Pension Benefit Guaranty Corp. 458 490 2,918 Thrift Savings Plan Transfer 89 2,120 19,586 Unclassified 1,300 30,769 126,088 Total, Other Withdrawals 1,977 49,385 351,567 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 89,288 806,971 5,459,643 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 89,288 $ 806,971 $ 5,459,643 Net Change in Operating Cash Balance $ 58,360 $ 96,159 $ 53,803 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, March 31, 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 $ 353,997 $ 2,400,970 Cash Management Series 0 20,001 196,004 Notes 109,001 173,000 986,258 Bonds 0 13,000 100,020 Inflation-Protected Securities Increment 380 3,494 1,595 Federal Financing Bank 0 0 9,305 Nonmarketable: United States Savings Securities: Cash Issue Price 5 71 383 Interest Increment 2 452 2,787 Government Account Series 262,055 5,346,710 29,399,585 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 157 7,353 36,330 Other 838 19,277 116,895 Total Issues $ 372,437 $ 5,937,356 $ 33,250,132 (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 $ 336,002 $ 2,474,977 Notes 71,441 103,441 679,836 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 40 830 4,820 Government Account Series 253,150 5,333,787 29,058,691 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 16 5,992 51,873 Other 838 19,305 116,890 Total Redemptions $ 325,486 $ 5,799,358 $ 32,387,088 Net Change in Public Debt Outstanding $ 46,952 $ 137,999 $ 863,044 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, March 31, 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) $ 372,437 $ 5,937,356 $ 33,250,132 Premium on New Issues 0 38 384 Discount on New Issues: Bills (-) 0 88 671 Bonds and Notes (-) 267 331 6,153 Federal Financing Bank (-) 0 0 9,305 Government Account Transactions (-) 262,055 5,346,710 29,399,585 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 452 2,787 Inflation-Protected Securities Increment 349 3,463 1,232 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 109,765 $ 586,349 $ 3,830,782 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 325,486 $ 5,799,358 $ 32,387,088 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 (-) 253,150 5,333,787 29,058,691 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 72,335 $ 465,571 $ 3,328,397 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, March 31, 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 $ 12,619,319 $ 12,581,405 $ 12,492,550 $ 11,976,279 Intragovernmental Holdings 4,981,908 4,972,871 4,970,679 4,761,904 Total Public Debt Outstanding 17,601,227 17,554,276 17,463,229 16,738,184 Less: Debt Not Subject to Limit: Other Debt 485 485 485 485 Unamortized Discount 30,734 30,759 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 $ 17,554,514 $ 17,507,537 $ 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 31, 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 $ 16,335 $ 203,976 $ 1,076,959 Individual Income Taxes 165 2,219 13,616 Railroad Retirement Taxes 75 531 2,883 Excise Taxes 44 6,047 37,076 Corporation Income Taxes 73 34,833 131,783 Federal Unemployment Taxes 10 92 4,509 Estate and Gift Taxes & Misc IRS Rcpts. 2 30 308 Total $ 16,705 $ 247,728 $ 1,267,134 Cash Federal Tax Deposits: Direct $ 37 $ 2,445 $ 16,559 Through Depositaries 16,594 237,948 1,206,548 Total Cash FTD's $ 16,632 $ 240,393 $ 1,223,107 Inter-agency Transfers 73 7,334 44,027 Total $ 16,705 $ 247,728 $ 1,267,134 ___________________________________________________________________________________________ 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 31, 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) $ 135 $ 3,031 $ 16,853 IRS Tax Refunds Business (EFT) 27 2,172 9,107 IRS Tax Refunds Individual (Checks) 327 1/ 12,368 1/ 33,288 IRS Tax Refunds Individual (EFT) 1,793 1/ 56,693 1/ 183,776 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. 1/ Does not include $1,090 million offset by Fiscal Service for the month of March 2014, and $3,775 million for the fiscal year-to-date for the Treasury Offset Program against Tax Refunds issued.