1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, December 10, 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 $ 48,807 $ 57,368 $ 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 $ 48,807 $ 57,368 $ 108,270 $ 158,302 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, December 10, 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 $ 200 $ 1,650 Air Transport Security Fees 1/ -9 -3 620 Cash FTD's Received (Table IV) 8,805 67,466 420,095 Commodity Credit Corporation programs 5 205 576 Customs and Certain Excise Taxes 77 562 8,572 Deposits by States: Supplemental Security Income 4 25 637 Unemployment 26 215 6,695 Education Department programs 122 1,553 9,421 Energy Department programs 8 102 1,057 Estate and Gift Taxes 160 580 3,653 Federal Reserve Earnings 1,392 3,434 19,554 Foreign Deposits, Military Sales 131 1,304 6,064 Housing and Urban Development programs 1 87 564 Individual Income and Employment Taxes, Not Withheld 747 2,676 26,935 Interest recd from cash investments 0 0 0 Justice Department programs 53 187 9,753 Postal Service 400 3,378 18,556 Public Debt Cash Issues (Table III-B) 1,453 202,554 1,363,431 Other Deposits: Federal Housing Admin: Note Sales 50 986 4,673 International Monetary Fund 1,117 1,117 2,481 Medicare Premiums 196 675 5,502 TARP 5 44 316 Total Other Deposits 1,368 3,687 32,673 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 14,754 288,210 1,930,508 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 14,754 $ 288,210 $ 1,930,508 1/Reported as a negative amount due to a return/reversal of $10 million. 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, December 10, 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 $ 186 $ 1,037 $ 7,271 Defense Vendor Payments (EFT) 998 9,623 57,001 Education Department programs 418 4,001 28,302 Energy Department programs 81 822 6,145 Federal Employees Insurance Payments 614 2,320 14,595 Fed. Highway Administration programs 148 1,033 8,625 Federal Salaries (EFT) 85 6,054 32,510 Food and Nutrition Service (misc) 150 1,200 6,204 GSA programs 60 890 3,804 Health and Human Services Grants (misc) 318 2,745 17,895 Housing and Urban Development programs 233 3,751 16,930 Interest on Treasury Securities 0 6,122 46,992 IRS Tax Refunds Business (EFT) 144 982 4,894 IRS Tax Refunds Individual (EFT) 163 282 7,269 Justice Department programs 74 447 2,988 Labor Dept. prgms (excl. unemployment) 31 353 2,607 Medicaid 1,196 12,775 64,978 Medicare and Other CMS Payments 1,441 11,991 75,051 Medicare Advantage - Part C&D Payments 0 18,313 60,147 Marketplace Payments 0 0 3,562 NASA programs 28 812 3,374 Postal Service Money Orders and Other 152 1,431 7,729 Public Debt Cash Redemp. (Table III-B) 981 180,692 1,211,156 Social Security Benefits (EFT) 13,726 38,033 167,186 Supple. Nutrition Assist. Program (SNAP) 304 2,400 14,816 Temporary Assistance for Needy Families (HHS) 54 397 2,254 Transportation Security Admin. (DHS) 7 72 420 Unemployment Insurance Benefits 158 1,156 5,826 Veterans Affairs programs 166 2,047 10,597 Other Withdrawals: Agriculture 58 498 2,583 Emergency Prep & Response (DHS) 50 1,010 2,771 Federal Crop Ins. Corp. 56 401 3,649 Thrift Savings Plan Transfer 284 1,215 6,261 Unclassified 954 8,620 46,603 Total, Other Withdrawals 1,402 35,893 148,875 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 23,315 347,674 2,040,002 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 23,315 $ 347,674 $ 2,040,002 Net Change in Operating Cash Balance $ -8,561 $ -59,464 $ -109,495 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, December 10, 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 -696 -1,568 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 4 31 159 Interest Increment 4 481 1,515 Government Account Series 269,858 2,178,439 13,250,755 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 518 2,907 21,330 Other 931 7,984 48,791 Total Issues $ 271,228 $ 2,381,133 $ 14,614,992 (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 40 366 1,890 Government Account Series 282,750 2,220,581 13,242,252 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 2,721 State and Local Series 9 7,082 18,849 Other 932 7,982 48,717 Total Redemptions $ 283,731 $ 2,401,273 $ 14,453,654 Net Change in Public Debt Outstanding $ -12,503 $ -20,140 $ 161,338 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, December 10, 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) $ 271,228 $ 2,381,133 $ 14,614,992 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 (-) 269,858 2,178,439 13,250,755 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 4 481 1,515 Inflation-Protected Securities Increment -86 -696 -1,757 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,453 $ 202,554 $ 1,363,431 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 283,731 $ 2,401,273 $ 14,453,654 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 (-) 282,750 2,220,581 13,242,498 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 981 $ 180,692 $ 1,211,156 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, December 10, 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 $ 12,944,641 $ 12,944,580 $ 12,922,682 $ 12,784,971 Intragovernmental Holdings 5,040,768 5,053,333 5,082,868 5,039,100 Total Public Debt Outstanding 17,985,410 17,997,913 18,005,549 17,824,071 Less: Debt Not Subject to Limit: Other Debt 484 484 484 484 Unamortized Discount 26,189 26,198 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 $ 17,944,630 $ 17,957,124 $ 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 10, 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 $ 7,791 $ 68,162 $ 400,262 Individual Income Taxes 68 472 4,747 Railroad Retirement Taxes 43 125 1,107 Excise Taxes 432 596 13,135 Corporation Income Taxes 799 1,943 18,685 Federal Unemployment Taxes 2 14 669 Estate and Gift Taxes & Misc IRS Rcpts. 1 427 641 Total $ 9,136 $ 71,740 $ 439,247 Cash Federal Tax Deposits: Direct $ 54 $ 273 $ 5,562 Through Depositaries 8,752 67,193 414,533 Total Cash FTD's $ 8,805 $ 67,466 $ 420,095 Inter-agency Transfers 331 4,275 19,152 Total $ 9,136 $ 71,740 $ 439,247 ___________________________________________________________________________________________ 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 10, 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) $ 3 $ 736 $ 6,468 IRS Tax Refunds Business (EFT) 144 982 4,894 IRS Tax Refunds Individual (Checks) 18 1,018 9,976 IRS Tax Refunds Individual (EFT) 163 282 7,269 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.