1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, December 2, 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 $ 77,960 $ 79,703 $ 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 $ 77,960 $ 79,703 $ 108,270 $ 158,302 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, December 2, 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) $ 29 $ 74 $ 1,524 Air Transport Security Fees 0 4 626 Cash FTD's Received (Table IV) 5,512 23,656 376,285 Commodity Credit Corporation programs 19 64 435 Customs and Certain Excise Taxes 56 141 8,152 Deposits by States: Supplemental Security Income 2 4 616 Unemployment 21 40 6,520 Education Department programs 330 561 8,429 Energy Department programs 10 41 995 Estate and Gift Taxes 76 105 3,179 Federal Reserve Earnings 0 0 16,121 Foreign Deposits, Military Sales 46 1,078 5,838 Housing and Urban Development programs 26 34 511 Individual Income and Employment Taxes, Not Withheld 376 552 24,810 Interest recd from cash investments 0 0 0 Justice Department programs 18 29 9,596 Postal Service 463 790 15,969 Public Debt Cash Issues (Table III-B) 1,422 94,540 1,255,417 Other Deposits: Total Other Deposits 0 993 29,979 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 8,406 122,704 1,765,001 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 8,406 $ 122,704 $ 1,765,001 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, December 2, 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 $ 90 $ 218 $ 6,451 Defense Vendor Payments (EFT) 1,375 2,206 49,585 Education Department programs 1,038 1,263 25,565 Energy Department programs 79 185 5,508 Federal Employees Insurance Payments 201 466 12,741 Fed. Highway Administration programs 133 275 7,867 Federal Salaries (EFT) 80 540 26,996 Food and Nutrition Service (misc) 173 242 5,246 GSA programs 67 602 3,516 Health and Human Services Grants (misc) 356 574 15,723 Housing and Urban Development programs 154 2,540 15,719 Interest on Treasury Securities 0 6,122 46,991 IRS Tax Refunds Business (EFT) 20 62 3,974 IRS Tax Refunds Individual (EFT) 9 22 7,008 Justice Department programs 70 87 2,628 Labor Dept. prgms (excl. unemployment) 36 74 2,328 Medicaid 1,481 2,389 54,592 Medicare and Other CMS Payments 1,421 3,014 66,075 Medicare Advantage - Part C&D Payments 0 18,313 60,147 Marketplace Payments 0 0 3,562 NASA programs 235 235 2,797 Postal Service Money Orders and Other 131 233 6,531 Public Debt Cash Redemp. (Table III-B) 1,040 85,974 1,116,437 Social Security Benefits (EFT) 16 223 129,377 Supple. Nutrition Assist. Program (SNAP) 145 311 12,728 Temporary Assistance for Needy Families (HHS) 96 89 1,946 Transportation Security Admin. (DHS) 28 29 377 Unemployment Insurance Benefits 246 361 5,031 Veterans Affairs programs 116 978 9,528 Other Withdrawals: Agency for Internat'l Development 54 61 2,790 Federal Financing Bank 84 87 597 Supple. Security Income Benefits (EFT) 90 4,219 12,956 Thrift Savings Plan Transfer 144 210 5,256 Unclassified 943 1,410 39,393 Total, Other Withdrawals 1,315 25,386 138,369 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 10,149 153,015 1,845,343 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 10,149 $ 153,015 $ 1,845,343 Net Change in Operating Cash Balance $ -1,743 $ -30,310 $ -80,342 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, December 2, 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 0 92,000 324,057 Bonds 0 0 36,014 Inflation-Protected Securities Increment -86 -7 -879 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 8 136 Interest Increment 2 464 1,499 Government Account Series 275,906 547,788 11,620,104 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 490 948 19,371 Other 929 1,927 42,734 Total Issues $ 277,244 $ 643,129 $ 12,876,987 (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 0 78,261 247,214 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 51 97 1,622 Government Account Series 269,604 567,965 11,589,636 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 2,721 State and Local Series 60 5,689 17,456 Other 929 1,927 42,662 Total Redemptions $ 270,644 $ 653,939 $ 12,706,320 Net Change in Public Debt Outstanding $ 6,599 $ -10,810 $ 170,668 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, December 2, 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) $ 277,244 $ 643,129 $ 12,876,987 Premium on New Issues 0 0 821 Discount on New Issues: Bills (-) 0 0 147 Bonds and Notes (-) 0 343 1,708 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 275,906 547,788 11,620,104 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 464 1,499 Inflation-Protected Securities Increment -86 -7 -1,067 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,422 $ 94,540 $ 1,255,417 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 270,644 $ 653,939 $ 12,706,320 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 (-) 269,604 567,965 11,589,883 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,040 $ 85,974 $ 1,116,437 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, December 2, 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 $ 12,932,181 $ 12,931,901 $ 12,922,682 $ 12,784,971 Intragovernmental Holdings 5,062,558 5,056,239 5,082,868 5,039,100 Total Public Debt Outstanding 17,994,739 17,988,140 18,005,549 17,824,071 Less: Debt Not Subject to Limit: Other Debt 484 484 484 484 Unamortized Discount 26,248 26,257 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 $ 17,953,901 $ 17,947,293 $ 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 Tuesday, December 2, 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 $ 6,153 $ 24,525 $ 356,625 Individual Income Taxes 52 127 4,402 Railroad Retirement Taxes 7 20 1,002 Excise Taxes 17 34 12,572 Corporation Income Taxes 66 81 16,823 Federal Unemployment Taxes 1 3 658 Estate and Gift Taxes & Misc IRS Rcpts. 2 409 622 Total $ 6,297 $ 25,198 $ 392,705 Cash Federal Tax Deposits: Direct $ 45 $ 72 $ 5,361 Through Depositaries 5,467 23,584 370,924 Total Cash FTD's $ 5,512 $ 23,656 $ 376,285 Inter-agency Transfers 785 1,543 16,420 Total $ 6,297 $ 25,198 $ 392,705 ___________________________________________________________________________________________ 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, December 2, 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) $ 257 $ 268 $ 6,001 IRS Tax Refunds Business (EFT) 20 62 3,974 IRS Tax Refunds Individual (Checks) 23 684 9,641 IRS Tax Refunds Individual (EFT) 9 22 7,008 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.