1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, December 29, 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 $ 197,527 $ 182,575 $ 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 $ 197,527 $ 182,575 $ 108,270 $ 158,302 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, December 29, 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) $ 50 $ 685 $ 2,135 Air Transport Security Fees 2 30 653 Cash FTD's Received (Table IV) 17,370 278,460 631,089 Commodity Credit Corporation programs 8 812 1,183 Customs and Certain Excise Taxes 110 3,470 11,481 Deposits by States: Supplemental Security Income 3 78 691 Unemployment 12 371 6,851 Education Department programs 201 3,786 11,654 Energy Department programs 42 484 1,438 Estate and Gift Taxes 0 1,332 4,405 Federal Reserve Earnings 0 7,443 23,563 Foreign Deposits, Military Sales 32 2,221 6,981 Housing and Urban Development programs 1 255 732 Individual Income and Employment Taxes, Not Withheld 423 9,620 33,879 Interest recd from cash investments 0 0 0 Justice Department programs 4 592 10,159 Postal Service 288 7,961 23,140 Public Debt Cash Issues (Table III-B) 1,291 591,886 1,752,763 Other Deposits: Federal Housing Admin: Note Sales 67 1,750 5,437 Medicare Premiums 1,127 4,821 9,649 TARP 1 1,331 1,604 Thrift Savings Plan Transfer 276 1,224 10,564 Total Other Deposits 1,470 13,080 42,066 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 21,306 922,565 2,564,863 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 21,306 $ 922,565 $ 2,564,863 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, December 29, 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 $ 27 $ 2,123 $ 8,356 Defense Vendor Payments (EFT) 190 26,980 74,358 Education Department programs 99 9,962 34,264 Energy Department programs 70 2,536 7,859 Federal Employees Insurance Payments 175 6,042 18,317 Fed. Highway Administration programs 241 2,930 10,522 Federal Salaries (EFT) 10 13,127 39,583 Food and Nutrition Service (misc) 78 2,698 7,702 GSA programs 58 1,593 4,507 Health and Human Services Grants (misc) 146 7,127 22,277 Housing and Urban Development programs 84 5,943 19,121 Interest on Treasury Securities 0 6,539 47,408 IRS Tax Refunds Business (EFT) 0 2,010 5,922 IRS Tax Refunds Individual (EFT) 3 468 7,455 Justice Department programs 56 1,254 3,795 Labor Dept. prgms (excl. unemployment) 21 1,180 3,435 Medicaid 520 28,015 80,217 Medicare and Other CMS Payments 1,205 30,394 93,454 Medicare Advantage - Part C&D Payments 0 18,874 60,708 Marketplace Payments 0 1,672 5,234 NASA programs 68 2,156 4,718 Postal Service Money Orders and Other 97 2,987 9,285 Public Debt Cash Redemp. (Table III-B) 1,035 518,776 1,549,239 Social Security Benefits (EFT) 1/ -5 65,454 194,607 Supple. Nutrition Assist. Program (SNAP) 209 6,164 18,580 Temporary Assistance for Needy Families (HHS) 100 1,193 3,050 Transportation Security Admin. (DHS) 0 181 529 Unemployment Insurance Benefits 130 2,733 7,403 Veterans Affairs programs 90 4,245 12,795 Other Withdrawals: Deposit Insurance Fund 1,000 1,077 1,612 Interior 122 763 2,297 State Department 53 850 2,850 TARP 102 368 1,178 U.S. District Courts (net) -126 -382 -2,069 Veterans Benefits (EFT) 62 5,757 17,350 Unclassified 434 19,866 57,849 Total, Other Withdrawals 1,648 57,954 170,937 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 6,353 833,308 2,525,637 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 6,353 $ 833,308 $ 2,525,637 Net Change in Operating Cash Balance $ 14,952 $ 89,257 $ 39,226 1/Reported as a negative amount due to a return/reversal of $5 million. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, December 29, 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 $ 392,961 $ 1,226,912 Cash Management Series 0 0 0 Notes 0 151,000 383,057 Bonds 0 13,000 49,014 Inflation-Protected Securities Increment -260 -2,335 -3,207 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 7 81 209 Interest Increment 3 511 1,545 Government Account Series 271,271 5,435,266 16,507,582 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 313 13,957 32,380 Other 971 20,950 61,756 Total Issues $ 272,305 $ 6,025,391 $ 18,259,250 (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 $ 374,998 $ 1,180,006 Notes 0 111,431 280,384 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 50 918 2,443 Government Account Series 261,927 5,472,708 16,494,380 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 2,721 State and Local Series 14 10,546 22,312 Other 971 20,883 61,618 Total Redemptions $ 262,962 $ 5,991,484 $ 18,043,865 Net Change in Public Debt Outstanding $ 9,343 $ 33,907 $ 215,385 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, December 29, 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) $ 272,305 $ 6,025,391 $ 18,259,250 Premium on New Issues 0 462 1,283 Discount on New Issues: Bills (-) 0 120 267 Bonds and Notes (-) 0 405 1,771 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 271,271 5,435,266 16,507,582 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 511 1,545 Inflation-Protected Securities Increment -260 -2,335 -3,396 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,291 $ 591,886 $ 1,752,763 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 262,962 $ 5,991,484 $ 18,043,865 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 (-) 261,927 5,472,708 16,494,626 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,035 $ 518,776 $ 1,549,239 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, December 29, 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 $ 12,994,463 $ 12,994,195 $ 12,922,682 $ 12,784,971 Intragovernmental Holdings 5,044,993 5,035,919 5,082,868 5,039,100 Total Public Debt Outstanding 18,039,456 18,030,113 18,005,549 17,824,071 Less: Debt Not Subject to Limit: Other Debt 484 484 484 484 Unamortized Discount 26,124 26,152 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 $ 17,998,742 $ 17,989,372 $ 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 29, 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 $ 14,309 $ 190,144 $ 522,244 Individual Income Taxes 240 1,823 6,098 Railroad Retirement Taxes 32 407 1,389 Excise Taxes 2,040 6,299 18,838 Corporation Income Taxes 747 86,035 102,777 Federal Unemployment Taxes 3 50 705 Estate and Gift Taxes & Misc IRS Rcpts. 0 464 678 Total $ 17,372 $ 285,222 $ 652,729 Cash Federal Tax Deposits: Direct $ 793 $ 2,573 $ 7,863 Through Depositaries 16,577 275,886 623,226 Total Cash FTD's $ 17,370 $ 278,460 $ 631,089 Inter-agency Transfers 2 6,762 21,639 Total $ 17,372 $ 285,222 $ 652,729 ___________________________________________________________________________________________ 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 29, 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) $ 33 $ 1,821 $ 7,553 IRS Tax Refunds Business (EFT) 0 2,010 5,922 IRS Tax Refunds Individual (Checks) 296 2,843 11,800 IRS Tax Refunds Individual (EFT) 3 468 7,455 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.