1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, December 1, 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 $ 79,703 $ 108,270 $ 108,270 $ 158,302 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 79,703 $ 108,270 $ 108,270 $ 158,302 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, December 1, 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) $ 45 $ 45 $ 1,495 Air Transport Security Fees 3 3 626 Cash FTD's Received (Table IV) 18,144 18,144 370,773 Commodity Credit Corporation programs 45 45 416 Customs and Certain Excise Taxes 86 86 8,096 Deposits by States: Supplemental Security Income 1 1 613 Unemployment 18 18 6,499 Education Department programs 231 231 8,099 Energy Department programs 30 30 985 Estate and Gift Taxes 29 29 3,103 Federal Reserve Earnings 0 0 16,121 Foreign Deposits, Military Sales 1,032 1,032 5,792 Housing and Urban Development programs 8 8 485 Individual Income and Employment Taxes, Not Withheld 176 176 24,434 Interest recd from cash investments 0 0 0 Justice Department programs 11 11 9,578 Postal Service 327 327 15,506 Public Debt Cash Issues (Table III-B) 93,118 93,118 1,253,995 Other Deposits: Medicare Premiums 135 135 4,962 Minerals Management Svc/Collections 548 548 2,109 Natl Railroad Retirement Inv Trust 213 213 230 TARP 1 1 273 Thrift Savings Plan Transfer 98 98 9,438 Total Other Deposits 993 993 29,979 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 114,298 114,298 1,756,595 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 114,298 $ 114,298 $ 1,756,595 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, December 1, 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 $ 128 $ 128 $ 6,362 Defense Vendor Payments (EFT) 831 831 48,210 Education Department programs 226 226 24,527 Energy Department programs 105 105 5,429 Federal Employees Insurance Payments 265 265 12,540 Fed. Highway Administration programs 142 142 7,734 Federal Salaries (EFT) 460 460 26,916 Food and Nutrition Service (misc) 68 68 5,073 GSA programs 535 535 3,449 Health and Human Services Grants (misc) 218 218 15,368 Housing and Urban Development programs 2,386 2,386 15,565 Interest on Treasury Securities 6,122 6,122 46,991 IRS Tax Refunds Business (EFT) 43 43 3,954 IRS Tax Refunds Individual (EFT) 13 13 7,000 Justice Department programs 17 17 2,558 Labor Dept. prgms (excl. unemployment) 38 38 2,293 Medicaid 908 908 53,110 Medicare and Other CMS Payments 1,594 1,594 64,655 Medicare Advantage - Part C&D Payments 18,313 18,313 60,147 Marketplace Payments 0 0 3,562 NASA programs 0 0 2,563 Postal Service Money Orders and Other 102 102 6,399 Public Debt Cash Redemp. (Table III-B) 84,934 84,934 1,115,397 Social Security Benefits (EFT) 207 207 129,360 Supple. Nutrition Assist. Program (SNAP) 167 167 12,583 Temporary Assistance for Needy Families (HHS) 1/ -6 -6 1,851 Transportation Security Admin. (DHS) 0 0 349 Unemployment Insurance Benefits 115 115 4,784 Veterans Affairs programs 862 862 9,412 Other Withdrawals: Civil Service Retirement (EFT) 5,253 5,253 15,835 Military Active Duty Pay (EFT) 3,601 3,601 16,837 Military Retirement (EFT) 4,171 4,171 12,551 Railroad Retirement (EFT) 1,029 1,029 3,098 Supple. Security Income Benefits (EFT) 4,129 4,129 12,867 Thrift Savings Plan Transfer 66 66 5,112 Veterans Benefits (EFT) 5,356 5,356 16,949 Unclassified 466 466 38,449 Total, Other Withdrawals 24,071 24,071 137,054 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 142,865 142,865 1,835,194 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 142,865 $ 142,865 $ 1,835,194 Net Change in Operating Cash Balance $ -28,567 $ -28,567 $ -78,598 1/Reported as a negative amount due to a return/reversal of $6 million. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, December 1, 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 $ 0 $ 833,950 Cash Management Series 0 0 0 Notes 92,000 92,000 324,057 Bonds 0 0 36,014 Inflation-Protected Securities Increment 79 79 -793 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 5 5 134 Interest Increment 462 462 1,497 Government Account Series 271,883 271,883 11,344,198 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 458 458 18,881 Other 998 998 41,805 Total Issues $ 365,885 $ 365,885 $ 12,599,744 (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 $ 0 $ 805,008 Notes 78,261 78,261 247,214 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 46 46 1,571 Government Account Series 298,361 298,361 11,320,032 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 2,721 State and Local Series 5,629 5,629 17,396 Other 997 997 41,732 Total Redemptions $ 383,295 $ 383,295 $ 12,435,675 Net Change in Public Debt Outstanding $ -17,410 $ -17,410 $ 164,068 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, December 1, 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) $ 365,885 $ 365,885 $ 12,599,744 Premium on New Issues 0 0 821 Discount on New Issues: Bills (-) 0 0 147 Bonds and Notes (-) 343 343 1,708 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 271,883 271,883 11,344,198 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 462 462 1,497 Inflation-Protected Securities Increment 79 79 -981 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 93,118 $ 93,118 $ 1,253,995 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 383,295 $ 383,295 $ 12,435,675 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 (-) 298,361 298,361 11,320,278 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 84,934 $ 84,934 $ 1,115,397 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, December 1, 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 $ 12,931,901 $ 12,922,682 $ 12,922,682 $ 12,784,971 Intragovernmental Holdings 5,056,239 5,082,868 5,082,868 5,039,100 Total Public Debt Outstanding 17,988,140 18,005,549 18,005,549 17,824,071 Less: Debt Not Subject to Limit: Other Debt 484 484 484 484 Unamortized Discount 26,257 26,266 26,266 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 $ 17,947,293 $ 17,964,694 $ 17,964,694 $ 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 Monday, December 1, 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 $ 18,371 $ 18,371 $ 350,472 Individual Income Taxes 75 75 4,350 Railroad Retirement Taxes 13 13 995 Excise Taxes 17 17 12,556 Corporation Income Taxes 16 16 16,758 Federal Unemployment Taxes 2 2 656 Estate and Gift Taxes & Misc IRS Rcpts. 407 407 621 Total $ 18,901 $ 18,901 $ 386,408 Cash Federal Tax Deposits: Direct $ 27 $ 27 $ 5,316 Through Depositaries 18,117 18,117 365,457 Total Cash FTD's $ 18,144 $ 18,144 $ 370,773 Inter-agency Transfers 758 758 15,635 Total $ 18,901 $ 18,901 $ 386,408 ___________________________________________________________________________________________ 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, December 1, 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) $ 12 $ 12 $ 5,744 IRS Tax Refunds Business (EFT) 43 43 3,954 IRS Tax Refunds Individual (Checks) 660 660 9,618 IRS Tax Refunds Individual (EFT) 13 13 7,000 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.