1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, December 30, 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 $ 197,827 $ 197,527 $ 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 $ 197,827 $ 197,527 $ 108,270 $ 158,302 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, December 30, 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) $ 91 $ 777 $ 2,226 Air Transport Security Fees 53 82 705 Cash FTD's Received (Table IV) 5,134 283,593 636,223 Commodity Credit Corporation programs 7 819 1,190 Customs and Certain Excise Taxes 15 3,484 11,495 Deposits by States: Supplemental Security Income 235 314 926 Unemployment 10 381 6,861 Education Department programs 349 4,134 12,003 Energy Department programs 31 514 1,469 Estate and Gift Taxes 85 1,417 4,490 Federal Reserve Earnings 0 7,443 23,563 Foreign Deposits, Military Sales 3 2,224 6,984 Housing and Urban Development programs 15 269 747 Individual Income and Employment Taxes, Not Withheld 1,313 10,934 35,192 Interest recd from cash investments 0 0 0 Justice Department programs 11 604 10,170 Postal Service 355 8,316 23,495 Public Debt Cash Issues (Table III-B) 1,934 593,820 1,754,696 Other Deposits: Deposit Insurance Fund 2,297 2,327 3,146 Medicare Premiums 487 5,308 10,136 Minerals Management Svc/Collections 65 788 2,349 Thrift Savings Plan Transfer 182 1,405 10,746 Total Other Deposits 3,031 16,111 45,097 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 12,671 935,236 2,577,533 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 12,671 $ 935,236 $ 2,577,533 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, December 30, 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 $ 98 $ 2,221 $ 8,454 Defense Vendor Payments (EFT) 1,908 28,887 76,266 Education Department programs 1,078 11,040 35,342 Energy Department programs 174 2,710 8,033 Federal Employees Insurance Payments 315 6,357 18,632 Fed. Highway Administration programs 236 3,166 10,758 Federal Salaries (EFT) 38 13,165 39,620 Food and Nutrition Service (misc) 164 2,862 7,866 GSA programs 42 1,635 4,549 Health and Human Services Grants (misc) 491 7,618 22,768 Housing and Urban Development programs 194 6,137 19,315 Interest on Treasury Securities 1 6,540 47,410 IRS Tax Refunds Business (EFT) 18 2,029 5,941 IRS Tax Refunds Individual (EFT) 3 471 7,457 Justice Department programs 64 1,318 3,859 Labor Dept. prgms (excl. unemployment) 37 1,217 3,472 Medicaid 1,635 29,650 81,853 Medicare and Other CMS Payments 1,919 32,313 95,373 Medicare Advantage - Part C&D Payments 0 18,874 60,708 Marketplace Payments 0 1,672 5,234 NASA programs 0 2,156 4,718 Postal Service Money Orders and Other 131 3,118 9,416 Public Debt Cash Redemp. (Table III-B) 1,133 519,908 1,550,372 Social Security Benefits (EFT) 0 65,449 194,602 Supple. Nutrition Assist. Program (SNAP) 131 6,295 18,712 Temporary Assistance for Needy Families (HHS) 154 1,347 3,204 Transportation Security Admin. (DHS) 3 184 532 Unemployment Insurance Benefits 268 3,001 7,671 Veterans Affairs programs 272 4,517 13,066 Other Withdrawals: Deposit Insurance Fund 203 1,279 1,815 Federal Crop Ins. Corp. 53 1,246 4,494 Federal Transit Admin. 78 863 2,512 Minerals Management Service 139 144 771 Pension Benefit Guaranty Corp. 462 490 1,485 Unclassified 929 20,801 58,784 Total, Other Withdrawals 1,864 59,823 172,806 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 12,371 845,680 2,538,008 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 12,371 $ 845,680 $ 2,538,008 Net Change in Operating Cash Balance $ 299 $ 89,556 $ 39,525 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, December 30, 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 -85 -2,421 -3,293 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 6 87 215 Interest Increment 2 513 1,548 Government Account Series 275,061 5,710,327 16,782,643 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 958 14,914 33,338 Other 971 21,921 62,727 Total Issues $ 276,912 $ 6,302,302 $ 18,536,161 (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 60 978 2,503 Government Account Series 271,373 5,744,081 16,765,752 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 2,721 State and Local Series 101 10,647 22,414 Other 972 21,854 62,589 Total Redemptions $ 272,505 $ 6,263,990 $ 18,316,370 Net Change in Public Debt Outstanding $ 4,406 $ 38,313 $ 219,791 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, December 30, 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) $ 276,912 $ 6,302,302 $ 18,536,161 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 (-) 275,061 5,710,327 16,782,643 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 513 1,548 Inflation-Protected Securities Increment -85 -2,421 -3,481 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,934 $ 593,820 $ 1,754,696 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 272,505 $ 6,263,990 $ 18,316,370 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 (-) 271,373 5,744,081 16,765,999 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,133 $ 519,908 $ 1,550,372 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, December 30, 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 $ 12,995,323 $ 12,994,463 $ 12,922,682 $ 12,784,971 Intragovernmental Holdings 5,048,539 5,044,993 5,082,868 5,039,100 Total Public Debt Outstanding 18,043,862 18,039,456 18,005,549 17,824,071 Less: Debt Not Subject to Limit: Other Debt 484 484 484 484 Unamortized Discount 26,115 26,124 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 $ 18,003,157 $ 17,998,742 $ 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 30, 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 $ 4,739 $ 194,883 $ 526,983 Individual Income Taxes 153 1,976 6,252 Railroad Retirement Taxes 2 409 1,391 Excise Taxes 47 6,346 18,884 Corporation Income Taxes 202 86,237 102,979 Federal Unemployment Taxes 5 55 710 Estate and Gift Taxes & Misc IRS Rcpts. 1 465 679 Total $ 5,149 $ 290,371 $ 657,878 Cash Federal Tax Deposits: Direct $ 53 $ 2,626 $ 7,916 Through Depositaries 5,081 280,967 628,307 Total Cash FTD's $ 5,134 $ 283,593 $ 636,223 Inter-agency Transfers 16 6,778 21,655 Total $ 5,149 $ 290,371 $ 657,878 ___________________________________________________________________________________________ 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 30, 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) $ 237 $ 2,058 $ 7,790 IRS Tax Refunds Business (EFT) 18 2,029 5,941 IRS Tax Refunds Individual (Checks) 12 2,854 11,812 IRS Tax Refunds Individual (EFT) 3 471 7,457 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.