1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, December 19, 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 $ 169,710 $ 171,238 $ 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 $ 169,710 $ 171,238 $ 108,270 $ 158,302 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, December 19, 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) $ 23 $ 501 $ 1,950 Air Transport Security Fees 2 7 630 Cash FTD's Received (Table IV) 10,849 212,279 564,909 Commodity Credit Corporation programs 396 706 1,077 Customs and Certain Excise Taxes 118 1,242 9,253 Deposits by States: Supplemental Security Income 2 44 656 Unemployment 18 326 6,807 Education Department programs 140 2,807 10,675 Energy Department programs 24 235 1,190 Estate and Gift Taxes 24 935 4,008 Federal Reserve Earnings 0 5,641 21,761 Foreign Deposits, Military Sales 138 1,734 6,495 Housing and Urban Development programs 4 158 635 Individual Income and Employment Taxes, Not Withheld 381 6,029 30,288 Interest recd from cash investments 0 0 0 Justice Department programs 14 465 10,032 Postal Service 384 6,127 21,305 Public Debt Cash Issues (Table III-B) 1,118 493,021 1,653,898 Other Deposits: Interior 77 215 762 International Monetary Fund 116 2,628 3,992 Medicare Premiums 219 2,343 7,170 Thrift Savings Plan Transfer 103 431 9,772 Total Other Deposits 514 8,011 36,997 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 14,149 740,267 2,382,565 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 14,149 $ 740,267 $ 2,382,565 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, December 19, 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 $ 91 $ 1,699 $ 7,932 Defense Vendor Payments (EFT) 1,487 19,735 67,114 Education Department programs 573 7,446 31,747 Energy Department programs 188 1,908 7,231 Federal Employees Insurance Payments 183 4,157 16,432 Fed. Highway Administration programs 325 2,326 9,917 Federal Salaries (EFT) 4,671 11,855 38,311 Food and Nutrition Service (misc) 132 2,182 7,187 GSA programs 35 1,246 4,160 Health and Human Services Grants (misc) 353 5,418 20,567 Housing and Urban Development programs 223 5,112 18,290 Interest on Treasury Securities 0 6,540 47,410 IRS Tax Refunds Business (EFT) 100 1,487 5,399 IRS Tax Refunds Individual (EFT) 2 400 7,386 Justice Department programs 72 886 3,427 Labor Dept. prgms (excl. unemployment) 61 902 3,156 Medicaid 411 21,601 73,803 Medicare and Other CMS Payments 1,547 20,748 83,809 Medicare Advantage - Part C&D Payments 0 18,874 60,708 Marketplace Payments 1,672 1,672 5,234 NASA programs 39 1,312 3,875 Postal Service Money Orders and Other 135 2,281 8,579 Public Debt Cash Redemp. (Table III-B) 1,139 426,275 1,456,738 Social Security Benefits (EFT) 34 51,728 180,882 Supple. Nutrition Assist. Program (SNAP) 195 4,755 17,172 Temporary Assistance for Needy Families (HHS) 22 846 2,702 Transportation Security Admin. (DHS) 10 147 495 Unemployment Insurance Benefits 59 1,994 6,664 Veterans Affairs programs 177 3,398 11,948 Other Withdrawals: Agriculture 59 837 2,922 Environmental Protection Agency 56 482 1,781 Export-Import Bank 132 208 554 Federal Crop Ins. Corp. 51 847 4,095 Federal Financing Bank 87 595 1,105 Thrift Savings Plan Transfer 309 2,206 7,252 Unclassified 1,049 15,186 53,169 Total, Other Withdrawals 1,742 49,899 162,882 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 15,677 678,828 2,371,156 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 15,677 $ 678,828 $ 2,371,156 Net Change in Operating Cash Balance $ -1,528 $ 61,440 $ 11,408 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, December 19, 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 $ 314,967 $ 1,148,917 Cash Management Series 0 0 0 Notes 0 138,000 370,057 Bonds 0 13,000 49,014 Inflation-Protected Securities Increment -86 -1,472 -2,344 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 58 187 Interest Increment 2 502 1,536 Government Account Series 267,935 4,074,592 15,146,908 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 155 11,356 29,780 Other 960 15,667 56,474 Total Issues $ 268,968 $ 4,566,670 $ 16,800,528 (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 $ 287,997 $ 1,093,005 Notes 0 111,431 280,384 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 72 710 2,235 Government Account Series 268,888 4,117,988 15,139,659 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 2,721 State and Local Series 107 10,526 22,293 Other 960 15,611 56,346 Total Redemptions $ 270,026 $ 4,544,262 $ 16,596,643 Net Change in Public Debt Outstanding $ -1,058 $ 22,407 $ 203,885 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, December 19, 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) $ 268,968 $ 4,566,670 $ 16,800,528 Premium on New Issues 0 462 1,283 Discount on New Issues: Bills (-) 0 98 245 Bonds and Notes (-) 0 391 1,757 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 267,935 4,074,592 15,146,908 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 502 1,536 Inflation-Protected Securities Increment -86 -1,472 -2,533 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,118 $ 493,021 $ 1,653,898 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 270,026 $ 4,544,262 $ 16,596,643 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 (-) 268,888 4,117,988 15,139,905 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,139 $ 426,275 $ 1,456,738 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, December 19, 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 $ 12,987,968 $ 12,988,041 $ 12,922,682 $ 12,784,971 Intragovernmental Holdings 5,039,988 5,040,974 5,082,868 5,039,100 Total Public Debt Outstanding 18,027,957 18,029,015 18,005,549 17,824,071 Less: Debt Not Subject to Limit: Other Debt 484 484 484 484 Unamortized Discount 26,193 26,202 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 $ 17,987,174 $ 17,988,223 $ 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 19, 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 $ 11,240 $ 132,853 $ 464,953 Individual Income Taxes 79 1,169 5,444 Railroad Retirement Taxes 16 271 1,253 Excise Taxes 51 3,213 15,751 Corporation Income Taxes 190 80,156 96,898 Federal Unemployment Taxes 3 32 687 Estate and Gift Taxes & Misc IRS Rcpts. 1 459 672 Total $ 11,579 $ 218,153 $ 585,659 Cash Federal Tax Deposits: Direct $ 48 $ 1,342 $ 6,632 Through Depositaries 10,801 210,937 558,277 Total Cash FTD's $ 10,849 $ 212,279 $ 564,909 Inter-agency Transfers 730 5,874 20,751 Total $ 11,579 $ 218,153 $ 585,659 ___________________________________________________________________________________________ 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 19, 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) $ 79 $ 1,228 $ 6,960 IRS Tax Refunds Business (EFT) 100 1,487 5,399 IRS Tax Refunds Individual (Checks) 543 2,501 11,458 IRS Tax Refunds Individual (EFT) 2 400 7,386 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.