1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, December 8, 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 $ 64,834 $ 61,475 $ 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 $ 64,834 $ 61,475 $ 108,270 $ 158,302 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, December 8, 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) $ 40 $ 163 $ 1,613 Air Transport Security Fees 0 6 629 Cash FTD's Received (Table IV) 13,979 56,057 408,686 Commodity Credit Corporation programs 2 189 560 Customs and Certain Excise Taxes 71 409 8,419 Deposits by States: Supplemental Security Income 2 17 629 Unemployment 15 175 6,656 Education Department programs 173 1,109 8,977 Energy Department programs 10 82 1,037 Estate and Gift Taxes 17 291 3,364 Federal Reserve Earnings 0 2,042 18,163 Foreign Deposits, Military Sales 5 1,159 5,919 Housing and Urban Development programs 19 84 562 Individual Income and Employment Taxes, Not Withheld 299 1,598 25,856 Interest recd from cash investments 0 0 0 Justice Department programs 14 124 9,690 Postal Service 496 2,452 17,630 Public Debt Cash Issues (Table III-B) 984 199,736 1,360,612 Other Deposits: Defense Finance & Accounting Service 50 176 1,404 Federal Housing Admin: Note Sales 339 783 4,470 Medicare Premiums 94 459 5,286 TARP 1 38 311 Total Other Deposits 484 2,166 31,152 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 16,610 267,857 1,910,154 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 16,610 $ 267,857 $ 1,910,154 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, December 8, 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 $ 153 $ 694 $ 6,927 Defense Vendor Payments (EFT) 1,482 6,974 54,353 Education Department programs 514 3,179 27,480 Energy Department programs 84 667 5,990 Federal Employees Insurance Payments 169 1,242 13,517 Fed. Highway Administration programs 138 739 8,331 Federal Salaries (EFT) 1,376 5,547 32,003 Food and Nutrition Service (misc) 166 909 5,913 GSA programs 55 812 3,726 Health and Human Services Grants (misc) 305 1,889 17,038 Housing and Urban Development programs 183 3,386 16,564 Interest on Treasury Securities 0 6,122 46,992 IRS Tax Refunds Business (EFT) 81 679 4,591 IRS Tax Refunds Individual (EFT) 6 110 7,097 Justice Department programs 58 304 2,845 Labor Dept. prgms (excl. unemployment) 54 271 2,525 Medicaid 1,425 8,082 60,284 Medicare and Other CMS Payments 1,206 8,956 72,016 Medicare Advantage - Part C&D Payments 0 18,313 60,147 Marketplace Payments 0 0 3,562 NASA programs 28 669 3,231 Postal Service Money Orders and Other 307 1,048 7,346 Public Debt Cash Redemp. (Table III-B) 1,939 178,680 1,209,143 Social Security Benefits (EFT) 55 24,270 153,423 Supple. Nutrition Assist. Program (SNAP) 791 1,770 14,187 Temporary Assistance for Needy Families (HHS) 38 303 2,159 Transportation Security Admin. (DHS) 5 62 410 Unemployment Insurance Benefits 104 778 5,448 Veterans Affairs programs 186 1,727 10,276 Other Withdrawals: Agency for Internat'l Development 169 389 3,118 Agriculture 51 269 2,354 Federal Crop Ins. Corp. 64 304 3,552 Interior 64 204 1,739 Thrift Savings Plan Transfer 184 818 5,864 Unclassified 1,810 6,668 44,651 Total, Other Withdrawals 2,343 33,115 146,097 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 13,251 311,294 2,003,622 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 13,251 $ 311,294 $ 2,003,622 Net Change in Operating Cash Balance $ 3,359 $ -43,437 $ -93,468 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, December 8, 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 $ -3 $ 99,989 $ 933,939 Cash Management Series 0 0 0 Notes 0 92,000 324,057 Bonds 0 0 36,014 Inflation-Protected Securities Increment -259 -524 -1,396 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 5 23 151 Interest Increment 2 474 1,508 Government Account Series 269,517 1,636,730 12,709,046 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 42 1,962 20,386 Other 940 6,117 46,924 Total Issues $ 270,244 $ 1,836,771 $ 14,070,630 (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 42 277 1,802 Government Account Series 266,160 1,670,428 12,692,099 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 2,721 State and Local Series 953 7,031 18,798 Other 944 6,109 46,844 Total Redemptions $ 268,100 $ 1,849,108 $ 13,901,488 Net Change in Public Debt Outstanding $ 2,145 $ -12,336 $ 169,142 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, December 8, 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) $ 270,244 $ 1,836,771 $ 14,070,630 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 (-) 269,517 1,636,730 12,709,046 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 474 1,508 Inflation-Protected Securities Increment -259 -524 -1,584 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 984 $ 199,736 $ 1,360,612 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 268,100 $ 1,849,108 $ 13,901,488 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 (-) 266,160 1,670,428 12,692,345 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,939 $ 178,680 $ 1,209,143 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, December 8, 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 $ 12,944,154 $ 12,945,466 $ 12,922,682 $ 12,784,971 Intragovernmental Holdings 5,049,060 5,045,603 5,082,868 5,039,100 Total Public Debt Outstanding 17,993,213 17,991,068 18,005,549 17,824,071 Less: Debt Not Subject to Limit: Other Debt 484 484 484 484 Unamortized Discount 26,207 26,234 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 $ 17,952,416 $ 17,950,245 $ 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 8, 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 $ 14,130 $ 58,111 $ 390,211 Individual Income Taxes 67 348 4,623 Railroad Retirement Taxes 47 81 1,063 Excise Taxes 34 106 12,644 Corporation Income Taxes 224 702 17,444 Federal Unemployment Taxes 2 10 665 Estate and Gift Taxes & Misc IRS Rcpts. 0 425 639 Total $ 14,504 $ 59,784 $ 427,290 Cash Federal Tax Deposits: Direct $ 24 $ 184 $ 5,473 Through Depositaries 13,954 55,873 403,213 Total Cash FTD's $ 13,979 $ 56,057 $ 408,686 Inter-agency Transfers 525 3,727 18,604 Total $ 14,504 $ 59,784 $ 427,290 ___________________________________________________________________________________________ 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 8, 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) $ 15 $ 398 $ 6,130 IRS Tax Refunds Business (EFT) 81 679 4,591 IRS Tax Refunds Individual (Checks) 33 975 9,932 IRS Tax Refunds Individual (EFT) 6 110 7,097 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.