1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, December 3, 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 $ 57,606 $ 77,960 $ 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 $ 57,606 $ 77,960 $ 108,270 $ 158,302 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, December 3, 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) $ 11 $ 84 $ 1,534 Air Transport Security Fees 1 4 627 Cash FTD's Received (Table IV) 8,994 32,650 385,279 Commodity Credit Corporation programs 12 76 447 Customs and Certain Excise Taxes 77 219 8,229 Deposits by States: Supplemental Security Income 2 5 618 Unemployment 34 73 6,554 Education Department programs 142 702 8,571 Energy Department programs 10 51 1,006 Estate and Gift Taxes 102 208 3,281 Federal Reserve Earnings 2,042 2,042 18,163 Foreign Deposits, Military Sales 16 1,093 5,854 Housing and Urban Development programs 7 41 519 Individual Income and Employment Taxes, Not Withheld 402 951 25,210 Interest recd from cash investments 0 0 0 Justice Department programs 48 77 9,644 Postal Service 369 1,159 16,338 Public Debt Cash Issues (Table III-B) 1,103 95,643 1,256,520 Other Deposits: Federal Housing Admin: Note Sales 109 178 3,865 Medicare Premiums 80 240 5,068 TARP 12 13 286 Total Other Deposits 201 1,194 30,180 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 13,572 136,275 1,778,572 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 13,572 $ 136,275 $ 1,778,572 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, December 3, 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 $ 116 $ 334 $ 6,567 Defense Vendor Payments (EFT) 715 2,921 50,300 Education Department programs 486 1,750 26,051 Energy Department programs 122 306 5,629 Federal Employees Insurance Payments 244 710 12,985 Fed. Highway Administration programs 84 359 7,951 Federal Salaries (EFT) 91 632 27,088 Food and Nutrition Service (misc) 166 407 5,412 GSA programs 31 633 3,547 Health and Human Services Grants (misc) 312 886 16,035 Housing and Urban Development programs 186 2,726 15,904 Interest on Treasury Securities 0 6,122 46,992 IRS Tax Refunds Business (EFT) 6 69 3,981 IRS Tax Refunds Individual (EFT) 64 85 7,072 Justice Department programs 56 143 2,684 Labor Dept. prgms (excl. unemployment) 52 126 2,380 Medicaid 1,198 3,587 55,789 Medicare and Other CMS Payments 1,826 4,840 67,901 Medicare Advantage - Part C&D Payments 0 18,313 60,147 Marketplace Payments 0 0 3,562 NASA programs 268 503 3,065 Postal Service Money Orders and Other 184 417 6,715 Public Debt Cash Redemp. (Table III-B) 976 86,950 1,117,413 Social Security Benefits (EFT) 23,939 24,162 153,316 Supple. Nutrition Assist. Program (SNAP) 212 524 12,940 Temporary Assistance for Needy Families (HHS) 39 129 1,985 Transportation Security Admin. (DHS) 3 32 380 Unemployment Insurance Benefits 181 542 5,212 Veterans Affairs programs 142 1,121 9,670 Other Withdrawals: Agriculture 106 116 2,201 Agriculture Loan Payments (misc) 65 106 1,429 Emergency Prep & Response (DHS) 784 856 2,616 Environmental Protection Agency 53 92 1,391 Federal Crop Ins. Corp. 51 123 3,371 Federal Transit Admin. 60 78 1,727 State Department 68 130 2,130 Thrift Savings Plan Transfer 211 421 5,467 Unclassified 828 2,235 40,218 Total, Other Withdrawals 2,227 27,611 140,593 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 33,926 186,939 1,879,267 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 33,926 $ 186,939 $ 1,879,267 Net Change in Operating Cash Balance $ -20,354 $ -50,664 $ -100,695 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, December 3, 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 -93 -965 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 11 140 Interest Increment 2 466 1,501 Government Account Series 278,133 825,921 11,898,237 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 172 1,120 19,544 Other 928 2,855 43,662 Total Issues $ 279,152 $ 922,281 $ 13,156,139 (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 46 143 1,668 Government Account Series 296,019 863,984 11,885,655 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 2,721 State and Local Series 0 5,690 17,456 Other 930 2,856 43,591 Total Redemptions $ 296,995 $ 950,933 $ 13,003,314 Net Change in Public Debt Outstanding $ -17,843 $ -28,653 $ 152,825 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, December 3, 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) $ 279,152 $ 922,281 $ 13,156,139 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 (-) 278,133 825,921 11,898,237 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 466 1,501 Inflation-Protected Securities Increment -86 -93 -1,153 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,103 $ 95,643 $ 1,256,520 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 296,995 $ 950,933 $ 13,003,314 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 (-) 296,019 863,984 11,885,901 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 976 $ 86,950 $ 1,117,413 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, December 3, 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 $ 12,931,968 $ 12,932,181 $ 12,922,682 $ 12,784,971 Intragovernmental Holdings 5,044,929 5,062,558 5,082,868 5,039,100 Total Public Debt Outstanding 17,976,896 17,994,739 18,005,549 17,824,071 Less: Debt Not Subject to Limit: Other Debt 484 484 484 484 Unamortized Discount 26,239 26,248 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 $ 17,936,067 $ 17,953,901 $ 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 Wednesday, December 3, 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 $ 9,772 $ 34,297 $ 366,397 Individual Income Taxes 48 175 4,450 Railroad Retirement Taxes 3 23 1,005 Excise Taxes 13 47 12,585 Corporation Income Taxes 60 141 16,883 Federal Unemployment Taxes 2 5 660 Estate and Gift Taxes & Misc IRS Rcpts. 15 423 637 Total $ 9,912 $ 35,111 $ 402,617 Cash Federal Tax Deposits: Direct $ 51 $ 123 $ 5,412 Through Depositaries 8,943 32,527 379,867 Total Cash FTD's $ 8,994 $ 32,650 $ 385,279 Inter-agency Transfers 918 2,461 17,338 Total $ 9,912 $ 35,111 $ 402,617 ___________________________________________________________________________________________ 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, December 3, 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) $ 27 $ 295 $ 6,028 IRS Tax Refunds Business (EFT) 6 69 3,981 IRS Tax Refunds Individual (Checks) 41 725 9,682 IRS Tax Refunds Individual (EFT) 64 85 7,072 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.