1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, November 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 $ 81,511 $ 85,936 $ 117,403 $ 158,302 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 81,511 $ 85,936 $ 117,403 $ 158,302 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, November 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) $ 38 $ 587 $ 1,370 Air Transport Security Fees 55 70 395 Cash FTD's Received (Table IV) 2,372 144,859 326,964 Commodity Credit Corporation programs 5 151 342 Customs and Certain Excise Taxes 2,316 3,598 7,771 Deposits by States: Supplemental Security Income 14 62 379 Unemployment 32 3,795 6,435 Education Department programs 242 3,705 7,600 Energy Department programs 62 294 822 Estate and Gift Taxes 108 1,441 2,969 Federal Reserve Earnings 0 4,982 14,269 Foreign Deposits, Military Sales 24 1,945 4,738 Housing and Urban Development programs 3 215 453 Individual Income and Employment Taxes, Not Withheld 290 4,576 23,634 Interest recd from cash investments 0 0 0 Justice Department programs 12 232 9,555 Postal Service 434 6,349 14,500 Public Debt Cash Issues (Table III-B) 1,902 392,576 1,040,965 Other Deposits: Export-Import Bank 52 142 337 Federal Housing Admin: Note Sales 81 2,091 3,619 GSE Dividends 74 74 74 Medicare Premiums 151 2,347 4,674 Total Other Deposits 358 12,831 28,530 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 8,267 582,267 1,491,692 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 8,267 $ 582,267 $ 1,491,692 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, November 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 $ 161 $ 2,078 $ 5,958 Defense Vendor Payments (EFT) 1,936 20,040 44,847 Education Department programs 780 7,805 22,878 Energy Department programs 125 1,891 4,851 Federal Employees Insurance Payments 231 4,727 11,461 Fed. Highway Administration programs 324 2,749 7,124 Federal Salaries (EFT) 343 11,745 25,647 Food and Nutrition Service (misc) 191 2,371 4,781 GSA programs 65 1,219 2,853 Health and Human Services Grants (misc) 557 6,283 14,187 Housing and Urban Development programs 191 5,523 12,562 Interest on Treasury Securities 0 32,930 40,876 IRS Tax Refunds Business (EFT) 31 1,931 3,887 IRS Tax Refunds Individual (EFT) 14 2,382 6,824 Justice Department programs 57 1,005 2,336 Labor Dept. prgms (excl. unemployment) 62 1,010 2,166 Medicaid 1,345 21,216 48,953 Medicare and Other CMS Payments 2,043 25,813 59,559 Medicare Advantage - Part C&D Payments 0 10 41,834 Marketplace Payments 0 1,792 3,562 NASA programs 195 1,202 2,560 Postal Service Money Orders and Other 154 2,455 5,822 Public Debt Cash Redemp. (Table III-B) 963 362,397 942,103 Social Security Benefits (EFT) 1 51,246 115,771 Supple. Nutrition Assist. Program (SNAP) 184 5,628 11,954 Temporary Assistance for Needy Families (HHS) 140 883 1,722 Transportation Security Admin. (DHS) 11 151 317 Unemployment Insurance Benefits 209 1,958 4,456 Veterans Affairs programs 175 2,885 8,138 Other Withdrawals: Agency for Internat'l Development 56 722 2,485 Agriculture 192 952 1,991 Agriculture Loan Payments (misc) 58 503 1,269 Export-Import Bank 56 200 321 Federal Crop Ins. Corp. 99 1,334 3,141 Federal Railroad Admin. 216 347 413 Federal Transit Admin. 70 593 1,534 Interior 82 827 1,417 State Department 54 1,092 1,943 Thrift Savings Plan Transfer 61 2,391 4,774 Veterans Benefits (EFT) 62 426 11,545 Unclassified 1,203 17,260 35,631 Total, Other Withdrawals 2,207 34,831 108,492 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 12,692 618,158 1,568,483 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 12,692 $ 618,158 $ 1,568,483 Net Change in Operating Cash Balance $ -4,425 $ -35,892 $ -76,791 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, November 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 $ 298,983 $ 741,948 Cash Management Series 0 0 0 Notes 0 50,065 206,057 Bonds 0 16,019 36,014 Inflation-Protected Securities Increment 28 576 -982 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 57 121 Interest Increment 2 465 1,030 Government Account Series 278,974 4,423,789 10,500,778 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 975 11,817 18,359 Other 923 16,331 38,527 Total Issues $ 280,905 $ 4,818,101 $ 11,541,853 (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 $ 279,006 $ 719,007 Notes 0 59,921 168,953 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 39 677 1,458 Government Account Series 276,015 4,419,596 10,450,307 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 2,721 State and Local Series 0 6,453 11,749 Other 924 16,339 38,461 Total Redemptions $ 276,978 $ 4,781,993 $ 11,392,656 Net Change in Public Debt Outstanding $ 3,927 $ 36,108 $ 149,197 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, November 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) $ 280,905 $ 4,818,101 $ 11,541,853 Premium on New Issues 0 0 821 Discount on New Issues: Bills (-) 0 71 134 Bonds and Notes (-) 0 626 907 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 278,974 4,423,789 10,500,778 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 465 1,030 Inflation-Protected Securities Increment 28 576 -1,140 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,902 $ 392,576 $ 1,040,965 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 276,978 $ 4,781,993 $ 11,392,656 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 (-) 276,015 4,419,596 10,450,553 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 963 $ 362,397 $ 942,103 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, November 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 $ 12,890,968 $ 12,889,756 $ 12,857,056 $ 12,784,971 Intragovernmental Holdings 5,082,300 5,079,586 5,080,104 5,039,100 Total Public Debt Outstanding 17,973,268 17,969,341 17,937,160 17,824,071 Less: Debt Not Subject to Limit: Other Debt 484 484 484 484 Unamortized Discount 26,585 26,594 26,734 28,374 Federal Financing Bank 13,612 13,612 13,612 13,612 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 $ 17,932,093 $ 17,928,157 $ 17,895,836 $ 17,781,107 Statutory Debt Limit * * * * *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, November 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 $ 2,336 $ 141,161 $ 309,728 Individual Income Taxes 64 1,002 4,132 Railroad Retirement Taxes 40 407 892 Excise Taxes 145 4,095 9,607 Corporation Income Taxes 47 5,011 16,371 Federal Unemployment Taxes 1 45 649 Estate and Gift Taxes & Misc IRS Rcpts. 1 174 211 Total $ 2,634 $ 151,895 $ 341,591 Cash Federal Tax Deposits: Direct $ 39 $ 1,836 $ 4,349 Through Depositaries 2,333 143,023 322,615 Total Cash FTD's $ 2,372 $ 144,859 $ 326,964 Inter-agency Transfers 262 7,035 14,627 Total $ 2,634 $ 151,895 $ 341,591 ___________________________________________________________________________________________ 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, November 25, 2014 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE VI Income Tax Refunds Issued ___________________________________________________________________________________________ Classification This Fiscal Today month year to date to date ____________________________________________________________________________________________ IRS Tax Refunds Business (Checks) $ 524 $ 1,494 $ 5,711 IRS Tax Refunds Business (EFT) 31 1,931 3,887 IRS Tax Refunds Individual (Checks) 26 4,639 8,887 IRS Tax Refunds Individual (EFT) 14 2,382 6,824 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.