1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, December 9, 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 $ 57,368 $ 64,834 $ 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 $ 57,368 $ 64,834 $ 108,270 $ 158,302 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, December 9, 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) $ 25 $ 189 $ 1,639 Air Transport Security Fees 0 6 629 Cash FTD's Received (Table IV) 2,604 58,660 411,290 Commodity Credit Corporation programs 11 200 571 Customs and Certain Excise Taxes 76 485 8,495 Deposits by States: Supplemental Security Income 3 20 633 Unemployment 13 188 6,669 Education Department programs 322 1,431 9,299 Energy Department programs 12 94 1,049 Estate and Gift Taxes 129 420 3,493 Federal Reserve Earnings 0 2,042 18,163 Foreign Deposits, Military Sales 14 1,173 5,933 Housing and Urban Development programs 1 86 563 Individual Income and Employment Taxes, Not Withheld 331 1,929 26,187 Interest recd from cash investments 0 0 0 Justice Department programs 10 133 9,700 Postal Service 526 2,978 18,156 Public Debt Cash Issues (Table III-B) 1,366 201,102 1,361,979 Other Deposits: Federal Housing Admin: Note Sales 153 936 4,623 TARP 1 39 311 Total Other Deposits 154 2,319 31,305 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 5,599 273,456 1,915,753 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 5,599 $ 273,456 $ 1,915,753 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, December 9, 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 $ 158 $ 852 $ 7,085 Defense Vendor Payments (EFT) 1,651 8,625 56,003 Education Department programs 404 3,583 27,884 Energy Department programs 74 741 6,064 Federal Employees Insurance Payments 465 1,706 13,981 Fed. Highway Administration programs 146 885 8,477 Federal Salaries (EFT) 422 5,969 32,425 Food and Nutrition Service (misc) 142 1,050 6,055 GSA programs 18 830 3,744 Health and Human Services Grants (misc) 539 2,427 17,577 Housing and Urban Development programs 133 3,519 16,697 Interest on Treasury Securities 0 6,122 46,992 IRS Tax Refunds Business (EFT) 160 838 4,750 IRS Tax Refunds Individual (EFT) 9 119 7,106 Justice Department programs 70 373 2,914 Labor Dept. prgms (excl. unemployment) 51 322 2,576 Medicaid 3,498 11,580 63,782 Medicare and Other CMS Payments 1,594 10,550 73,611 Medicare Advantage - Part C&D Payments 0 18,313 60,147 Marketplace Payments 0 0 3,562 NASA programs 115 784 3,346 Postal Service Money Orders and Other 230 1,279 7,576 Public Debt Cash Redemp. (Table III-B) 1,032 179,712 1,210,175 Social Security Benefits (EFT) 46 24,307 153,461 Supple. Nutrition Assist. Program (SNAP) 325 2,095 14,512 Temporary Assistance for Needy Families (HHS) 41 343 2,200 Transportation Security Admin. (DHS) 3 65 413 Unemployment Insurance Benefits 221 998 5,668 Veterans Affairs programs 154 1,881 10,431 Other Withdrawals: Agriculture 170 440 2,524 State Department 95 379 2,380 Thrift Savings Plan Transfer 114 932 5,978 Unclassified 990 7,666 45,649 Total, Other Withdrawals 1,368 34,491 147,474 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 13,065 324,359 2,016,687 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 13,065 $ 324,359 $ 2,016,687 Net Change in Operating Cash Balance $ -7,466 $ -50,903 $ -100,934 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, December 9, 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 $ 99,989 $ 933,939 Cash Management Series 0 0 0 Notes 0 92,000 324,057 Bonds 0 0 36,014 Inflation-Protected Securities Increment -86 -610 -1,482 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 26 154 Interest Increment 3 477 1,511 Government Account Series 271,852 1,908,581 12,980,897 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 427 2,389 20,813 Other 936 7,053 47,860 Total Issues $ 273,134 $ 2,109,906 $ 14,343,764 (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 49 326 1,851 Government Account Series 267,403 1,937,831 12,959,502 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 2,721 State and Local Series 42 7,073 18,839 Other 941 7,050 47,785 Total Redemptions $ 268,435 $ 2,117,542 $ 14,169,923 Net Change in Public Debt Outstanding $ 4,699 $ -7,637 $ 173,841 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, December 9, 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) $ 273,134 $ 2,109,906 $ 14,343,764 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 (-) 271,852 1,908,581 12,980,897 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 477 1,511 Inflation-Protected Securities Increment -86 -610 -1,670 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,366 $ 201,102 $ 1,361,979 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 268,435 $ 2,117,542 $ 14,169,923 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 (-) 267,403 1,937,831 12,959,748 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,032 $ 179,712 $ 1,210,175 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, December 9, 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 $ 12,944,580 $ 12,944,154 $ 12,922,682 $ 12,784,971 Intragovernmental Holdings 5,053,333 5,049,060 5,082,868 5,039,100 Total Public Debt Outstanding 17,997,913 17,993,213 18,005,549 17,824,071 Less: Debt Not Subject to Limit: Other Debt 484 484 484 484 Unamortized Discount 26,198 26,207 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 $ 17,957,124 $ 17,952,416 $ 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 9, 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 $ 2,261 $ 60,371 $ 392,472 Individual Income Taxes 56 405 4,680 Railroad Retirement Taxes 0 82 1,064 Excise Taxes 59 165 12,703 Corporation Income Taxes 442 1,144 17,886 Federal Unemployment Taxes 1 12 667 Estate and Gift Taxes & Misc IRS Rcpts. 1 426 640 Total $ 2,821 $ 62,604 $ 430,111 Cash Federal Tax Deposits: Direct $ 35 $ 219 $ 5,509 Through Depositaries 2,568 58,441 405,781 Total Cash FTD's $ 2,604 $ 58,660 $ 411,290 Inter-agency Transfers 217 3,944 18,821 Total $ 2,821 $ 62,604 $ 430,111 ___________________________________________________________________________________________ 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 9, 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) $ 335 $ 733 $ 6,465 IRS Tax Refunds Business (EFT) 160 838 4,750 IRS Tax Refunds Individual (Checks) 25 1,000 9,957 IRS Tax Refunds Individual (EFT) 9 119 7,106 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.