1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, December 5, 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 $ 61,475 $ 65,210 $ 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 $ 61,475 $ 65,210 $ 108,270 $ 158,302 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, December 5, 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) $ 24 $ 123 $ 1,573 Air Transport Security Fees 0 5 628 Cash FTD's Received (Table IV) 6,964 42,078 394,707 Commodity Credit Corporation programs 77 186 557 Customs and Certain Excise Taxes 57 337 8,348 Deposits by States: Supplemental Security Income 6 15 627 Unemployment 66 160 6,641 Education Department programs 126 936 8,804 Energy Department programs 13 72 1,026 Estate and Gift Taxes 28 274 3,348 Federal Reserve Earnings 0 2,042 18,163 Foreign Deposits, Military Sales 13 1,154 5,915 Housing and Urban Development programs 22 65 543 Individual Income and Employment Taxes, Not Withheld 190 1,299 25,557 Interest recd from cash investments 0 0 0 Justice Department programs 25 110 9,677 Postal Service 393 1,956 17,134 Public Debt Cash Issues (Table III-B) 971 198,752 1,359,629 Other Deposits: Federal Housing Admin: Note Sales 138 444 4,131 Medicare Premiums 70 365 5,192 Thrift Savings Plan Transfer 73 201 9,542 Total Other Deposits 280 1,682 30,668 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 9,257 251,247 1,893,544 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 9,257 $ 251,247 $ 1,893,544 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, December 5, 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 $ 109 $ 541 $ 6,774 Defense Vendor Payments (EFT) 1,290 5,492 52,870 Education Department programs 447 2,665 26,967 Energy Department programs 115 584 5,907 Federal Employees Insurance Payments 185 1,073 13,348 Fed. Highway Administration programs 67 601 8,193 Federal Salaries (EFT) 3,155 4,171 30,627 Food and Nutrition Service (misc) 227 743 5,747 GSA programs 46 757 3,671 Health and Human Services Grants (misc) 365 1,584 16,733 Housing and Urban Development programs 180 3,203 16,381 Interest on Treasury Securities 0 6,122 46,992 IRS Tax Refunds Business (EFT) 493 598 4,510 IRS Tax Refunds Individual (EFT) 6 104 7,091 Justice Department programs 51 245 2,786 Labor Dept. prgms (excl. unemployment) 27 217 2,471 Medicaid 1,267 6,656 58,859 Medicare and Other CMS Payments 1,157 7,749 70,810 Medicare Advantage - Part C&D Payments 0 18,313 60,147 Marketplace Payments 0 0 3,562 NASA programs 52 641 3,203 Postal Service Money Orders and Other 185 742 7,039 Public Debt Cash Redemp. (Table III-B) 1,273 176,740 1,207,204 Social Security Benefits (EFT) 31 24,215 153,368 Supple. Nutrition Assist. Program (SNAP) 242 978 13,395 Temporary Assistance for Needy Families (HHS) 55 265 2,122 Transportation Security Admin. (DHS) 16 57 405 Unemployment Insurance Benefits 48 674 5,344 Veterans Affairs programs 207 1,541 10,091 Other Withdrawals: Agriculture 57 218 2,303 Thrift Savings Plan Transfer 187 633 5,680 Unclassified 1,452 4,857 42,840 Total, Other Withdrawals 1,696 30,772 143,754 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 12,993 298,042 1,990,371 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 12,993 $ 298,042 $ 1,990,371 Net Change in Operating Cash Balance $ -3,735 $ -46,796 $ -96,827 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, December 5, 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 $ 99,992 $ 933,942 Cash Management Series 0 0 0 Notes 0 92,000 324,057 Bonds 0 0 36,014 Inflation-Protected Securities Increment -86 -265 -1,137 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 19 147 Interest Increment 2 472 1,506 Government Account Series 267,666 1,367,213 12,439,528 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 28 1,920 20,344 Other 940 5,177 45,984 Total Issues $ 268,554 $ 1,566,527 $ 13,800,386 (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 $ 87,002 $ 892,010 Notes 0 78,261 247,214 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 44 235 1,760 Government Account Series 269,939 1,404,267 12,425,939 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 2,721 State and Local Series 288 6,077 17,844 Other 941 5,165 45,900 Total Redemptions $ 271,212 $ 1,581,008 $ 13,633,389 Net Change in Public Debt Outstanding $ -2,658 $ -14,481 $ 166,997 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, December 5, 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) $ 268,554 $ 1,566,527 $ 13,800,386 Premium on New Issues 0 0 821 Discount on New Issues: Bills (-) 0 13 160 Bonds and Notes (-) 0 343 1,708 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 267,666 1,367,213 12,439,528 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 472 1,506 Inflation-Protected Securities Increment -86 -265 -1,325 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 971 $ 198,752 $ 1,359,629 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 271,212 $ 1,581,008 $ 13,633,389 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 (-) 269,939 1,404,267 12,426,185 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,273 $ 176,740 $ 1,207,204 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, December 5, 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 $ 12,945,466 $ 12,945,812 $ 12,922,682 $ 12,784,971 Intragovernmental Holdings 5,045,603 5,047,915 5,082,868 5,039,100 Total Public Debt Outstanding 17,991,068 17,993,726 18,005,549 17,824,071 Less: Debt Not Subject to Limit: Other Debt 484 484 484 484 Unamortized Discount 26,234 26,243 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 $ 17,950,245 $ 17,952,893 $ 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 Friday, December 5, 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 $ 7,456 $ 43,980 $ 376,081 Individual Income Taxes 53 281 4,557 Railroad Retirement Taxes 12 35 1,017 Excise Taxes 16 72 12,611 Corporation Income Taxes 145 478 17,220 Federal Unemployment Taxes 2 8 663 Estate and Gift Taxes & Misc IRS Rcpts. 1 425 639 Total $ 7,684 $ 45,280 $ 412,786 Cash Federal Tax Deposits: Direct $ 14 $ 159 $ 5,449 Through Depositaries 6,951 41,919 389,258 Total Cash FTD's $ 6,964 $ 42,078 $ 394,707 Inter-agency Transfers 720 3,202 18,079 Total $ 7,684 $ 45,280 $ 412,786 ___________________________________________________________________________________________ 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 Friday, December 5, 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) $ 8 $ 383 $ 6,115 IRS Tax Refunds Business (EFT) 493 598 4,510 IRS Tax Refunds Individual (Checks) 192 942 9,899 IRS Tax Refunds Individual (EFT) 6 104 7,091 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.