Monthly Treasury Statement 

of Receipts and Outlays 

of the United States Government 

 For Fiscal Year 2012 Through July 31, 2012, and Other Periods 

Highlight 

The Budget Estimates provided in Tables 2 and 3 are based on the Mid-Session Review 

of the FY 2013 Budget, released by the Office of Management and Budget on July 27, 2012. 

Total Receipts

$185

Deficit

$70

Total Outlays

$254

Receipts, Outlays, and Surplus/Deficit for July 2012

[ $ billions ]

Total Receipts

$2,009

Deficit

$974

Total Outlays

$2,983

Receipts, Outlays, and Surplus/Deficit through Fiscal Year 2012

[ $ billions ]

Compiled and Published by

Department of the Treasury

Financial Management Service 

 

 
2

Contents 

Summary page 2 Receipts/outlays by month page 32

Receipts page 6 Federal trust funds/securities page 34 

Outlays page 7 Receipts by source/outlays by function page 34

Means of financing page 20 Explanatory notes page 35

Introduction 

The Monthly Treasury Statement of Receipts and Outlays of the United 

States Government (MTS) is prepared by the Financial Management 

Service, Department of the Treasury, and after approval by the Fiscal 

Assistant Secretary of the Treasury; is normally released on the 8th 

workday of the month following the reporting month. The publication is 

based on data provided by Federal entities, disbursing officers, and 

Federal Reserve banks. 

AUDIENCE 

The MTS is published to meet the needs of those responsible for or 

interested in the cash position of the Treasury, those who are responsible 

or interested in the Government's budget results; and individuals and 

businesses whose operations depend upon or are related to the 

Government's financial operations. 

DISCLOSURE STATEMENT 

This statement summarizes the financial activities of the Federal 

Government and off-budget Federal entities conducted in accordance 

with the Budget of the U.S. Government, i.e., receipts and outlays of 

funds, the surplus or deficit, and the means of financing the deficit or 

disposing of the surplus. Information is presented on a modified cash 

basis; receipts are accounted for on the basis of collections; refunds of 

receipts are treated as deductions from gross receipts; revolving and 

management fund receipts, reimbursements and refunds of monies 

previously expended are treated as deductions from gross outlays; and 

interest on the public debt (public issues) is recognized on the accrual 

basis. Major information sources include accounting data reported by 

Federal entities, disbursing officers, and Federal Reserve banks. 

TRIAD OF PUBLICATIONS 

The MTS is part of a triad of Treasury financial reports. The Daily 

Treasury Statement is published each working day of the Federal 

Government. It provides data on the cash and debt operations of the 

Treasury based upon reporting of the Treasury account balances by 

Federal Reserve banks. The MTS is a report of Government receipts and 

outlays, based on agency reporting. The Combined Statement of 

Receipts, Outlays, and Balances of the United States Government is the 

official publication of the detailed receipts and outlays of the 

Government. It is published annually in accordance with legislative 

mandates given to the Secretary of the Treasury. 

DATA SOURCES AND INFORMATION 

The Explanatory Notes section of this publication provides information 

concerning the flow of data into the MTS and sources of information 

relevant to the MTS. 

Table 1. Summary of Receipts, Outlays, and the Deficit/Surplus of the U.S. Government, Fiscal Years 2011 and 2012, 

 by Month 

[$ millions] 

Period Receipts Outlays Deficit/Surplus (-) 

FY 2011 

 October................................................................... 145,951 286,384 140,432 

 November............................................................... 148,970 299,364 150,394 

 December............................................................... 236,875 315,009 78,134 

 January................................................................... 226,550 276,346 49,796 

 February ................................................................. 110,656 333,163 222,507 

 March ..................................................................... 150,894 339,048 188,154 

 April ........................................................................ 289,543 329,929 40,387 

 May......................................................................... 174,936 232,577 57,641 

 June........................................................................ 249,658 292,738 43,080 

 July......................................................................... 159,063 288,439 129,376 

 August .................................................................... 169,246 303,388 134,143 

 September.............................................................. 240,153 302,903 62,750 

 Year-to-Date ........................................................ 12,302,495 13,599,290 11,296,795 

FY 2012 

 October................................................................... 163,072 261,539 98,466 

 November............................................................... 152,402 289,704 137,302 

 December............................................................... 239,963 325,930 85,967 

 January................................................................... 234,319 261,726 27,407 

 February ................................................................. 103,413 335,090 231,677 

 March ..................................................................... 171,215 369,372 198,157 

 April ........................................................................ 318,807 259,690 -59,117 

 May......................................................................... 180,713 305,348 124,636 

 June........................................................................ 260,177 319,919 59,741 

 July......................................................................... 184,585 254,190 69,604 

 Year-to-Date ........................................................ 2,008,667 2,982,507 973,840 

1The receipt, outlay and deficit figures differ from the FY 2013 Budget, released by the 

Office of Management and Budget on February 13, 2012. The deficit figure differs by 

-$2,800 million, due mainly to revisions in the data following the release of the Final 

Monthly Treasury Statement. 

Note: Details may not add to totals due to rounding. 
3

Table 2. Summary of Budget and Off-Budget Results and Financing of the U.S. Government, July 2012 and Other Periods 

[$ millions] 

Classification This 

Month 

Current 

Fiscal 

Year to Date 

Budget 

Estimates Full 

Fiscal 

Year1

Prior 

Fiscal Year 

to Date 

(2011) 

Budget 

Estimates 

Next Fiscal Year 

(2013)1

Total On-Budget and Off-Budget Results: 

Total Receipts....................................................................................................... 184,585 2,008,667 2,441,851 1,893,096 2,763,612 

 On-Budget Receipts .......................................................................................... 141,402 1,531,321 1,870,262 1,417,903 2,090,539 

 Off-Budget Receipts ........................................................................................... 43,183 477,346 571,589 475,194 673,073 

Total Outlays ........................................................................................................ 254,190 2,982,507 3,652,596 2,992,998 3,754,169 

 On-Budget Outlays ............................................................................................ 205,566 2,586,370 3,147,285 2,596,362 3,122,304 

 Off-Budget Outlays ............................................................................................. 48,624 396,137 505,311 396,636 631,865 

Total Surplus (+) or Deficit (-)................................................................................ -69,604 -973,840 -1,210,745 -1,099,902 -990,557 

 On-Budget Surplus (+) or Deficit (-) ................................................................... -64,163 -1,055,049 -1,277,023 -1,178,460 -1,031,765 

 Off-Budget Surplus (+) or Deficit (-) .................................................................... -5,441 +81,209 +66,278 +78,558 +41,208 

Total On-Budget and Off-Budget Financing.......................................................... 69,604 973,840 1,210,745 1,099,902 990,557 

Means of Financing: 

 Borrowing from the Public................................................................................... 80,903 1,003,380 1,285,547 736,674 1,158,108 

 Reduction of Operating Cash, Increase (-).......................................................... 935 -32,395 -1,910 242,657 ...... 

 By Other Means.................................................................................................. -12,233 2,855 -72,892 120,571 -167,551 

1These estimates are based on the FY 2013 Mid-Session Review, released by the Office 

of Management and Budget on July 27, 2012. 

... No Transactions 

Note: Details may not add to totals due to rounding. 

Figure 1. Monthly Receipts, Outlays, and Budget Deficit/Surplus of the U.S. Government, Fiscal Years 2011 and 2012 

 [ $ billions ] 

Figure 2. Cumulative Monthly Receipts, Outlays, and Budget Deficit/Surplus of the U.S. Government, 

 Fiscal Years 2011 and 2012 

 [ $ billions ] 
4

Figure 3. Monthly Receipts of the U.S. Government, by Source, Fiscal Years 2011 and 2012 

Figure 4. Monthly Outlays of the U.S. Government, by Function, Fiscal Years 2011 and 2012 
5

Table 3. Summary of Receipts and Outlays of the U.S. Government, July 2012 and Other Periods 

[$ millions] 

Classification This 

Month 

Current 

Fiscal 

Year to Date 

Comparable 

Prior Period 

Year to Date 

Budget 

Estimates 

Full Fiscal Year1

 

Budget Receipts 

Individual Income Taxes ......................................................................................................... 87,701 928,172 890,652 1,126,151 

Corporation Income Taxes...................................................................................................... 6,511 182,440 140,541 250,795 

Social Insurance and Retirement Receipts: 

 Employment and General Retirement (Off-Budget) .............................................................. 43,183 477,346 475,194 571,589 

 Employment and General Retirement (On-Budget) .............................................................. 15,095 171,223 159,672 205,566 

 Unemployment Insurance..................................................................................................... 9,099 59,697 47,337 57,608 

 Other Retirement .................................................................................................................. 284 3,096 3,376 4,338 

Excise Taxes .......................................................................................................................... 7,063 62,775 57,276 78,657 

Estate and Gift Taxes ............................................................................................................. 1,011 11,520 6,997 12,770 

Customs Duties ...................................................................................................................... 2,913 24,789 24,000 30,378 

Miscellaneous Receipts .......................................................................................................... 11,725 87,609 88,051 103,999 

 Total Receipts ................................................................................................................... 184,585 2,008,667 1,893,096 2,441,851 

 (On-Budget)..................................................................................................................... 141,402 1,531,321 1,417,903 1,870,262 

 (Off-Budget)..................................................................................................................... 43,183 477,346 475,194 571,589 

Budget Outlays 

Legislative Branch .................................................................................................................. 348 3,760 3,863 5,253 

Judicial Branch ....................................................................................................................... 595 5,889 5,872 7,581 

Department of Agriculture....................................................................................................... 10,078 120,083 117,504 147,437 

Department of Commerce....................................................................................................... 792 8,789 8,304 11,340 

Department of Defense-Military Programs.............................................................................. 49,282 539,630 558,465 660,511 

Department of Education ........................................................................................................ 6,354 45,602 52,155 63,278 

Department of Energy............................................................................................................. 2,467 27,356 28,462 35,399 

Department of Health and Human Services............................................................................ 54,413 700,642 729,966 864,994 

Department of Homeland Security.......................................................................................... 3,576 39,798 37,025 52,072 

Department of Housing and Urban Development ................................................................... 791 33,983 49,874 51,435 

Department of the Interior....................................................................................................... 1,016 10,430 11,098 11,344 

Department of Justice............................................................................................................. 1,628 25,705 25,560 34,167 

Department of Labor............................................................................................................... 8,292 90,179 111,903 110,591 

Department of State................................................................................................................ 2,934 21,596 19,116 27,218 

Department of Transportation................................................................................................. 6,635 61,162 60,906 81,351 

Department of the Treasury: 

 Interest on Treasury Debt Securities (Gross)........................................................................ -52,817 322,495 412,518 440,561 

 Other .................................................................................................................................... 3,945 132,036 98,760 115,389 

Department of Veterans Affairs............................................................................................... 5,646 101,448 100,787 127,570 

Corps of Engineers................................................................................................................. 631 6,616 8,824 8,958 

Other Defense Civil Programs ................................................................................................ 26,798 67,146 41,265 52,088 

Environmental Protection Agency........................................................................................... 874 8,523 9,022 12,156 

Executive Office of the President............................................................................................ 30 327 400 406 

General Services Administration............................................................................................. 148 1,177 1,429 1,609 

International Assistance Program........................................................................................... 1,372 19,751 16,429 23,420 

National Aeronautics and Space Administration ..................................................................... 1,995 14,053 14,481 17,815 

National Science Foundation.................................................................................................. 698 5,810 5,689 7,821 

Office of Personnel Management ........................................................................................... 7,078 65,821 61,565 87,975 

Small Business Administration................................................................................................ 89 2,741 5,952 3,157 

Social Security Administration ................................................................................................ 65,384 681,401 649,331 822,407 

Other Independent Agencies .................................................................................................. 1,704 27,611 7,247 43,413 

Allowances ............................................................................................................................. ...... ...... ...... 125 

Undistributed Offsetting Receipts: 

 Interest.................................................................................................................................. 47,928 -126,794 -186,739 -177,701 

 Other .................................................................................................................................... -6,515 -82,260 -74,035 -98,544 

 Total Outlays..................................................................................................................... 254,190 2,982,507 2,992,998 3,652,596 

 (On-Budget)..................................................................................................................... 205,566 2,586,370 2,596,362 3,147,285 

 (Off-Budget)..................................................................................................................... 48,624 396,137 396,636 505,311 

 Surplus (+) or Deficit (-).................................................................................................... -69,604 -973,840 -1,099,902 -1,210,745 

 (On-Budget)..................................................................................................................... -64,163 -1,055,049 -1,178,460 -1,277,023 

 (Off-Budget)..................................................................................................................... -5,441 +81,209 +78,558 +66,278 

1These estimates are based on the FY 2013 Mid-Session Review, released by the Office of 

Management and Budget on July 27, 2012. 

... No Transactions 

Note: Details may not add to totals due to rounding. 
6

Table 4. Receipts of the U.S. Government, July 2012 and Other Periods 

[$ millions] 

This Month Current Fiscal Year to Date Prior Fiscal Year to Date 

Classification Gross 

Receipts 

Refunds 

(Deduct) Receipts Gross Receipts 

Refunds 

(Deduct) Receipts Gross Receipts 

Refunds 

(Deduct) Receipts 

 

Individual Income Taxes: 

 Withheld.......................................................................................................... 85,277 862,823 834,476

 Presidential Election Campaign Fund ............................................................. 1 37 39

 Other .............................................................................................................. 5,638 297,063 286,486

 Total--Individual Income Taxes.................................................................. 90,916 3,215 87,701 1,159,923 231,751 928,172 1,121,001 230,349 890,652

Corporation Income Taxes............................................................................. 8,790 2,278 6,511 218,016 35,576 182,440 197,559 57,018 140,541

Social Insurance and Retirement Receipts: 

 Employment and General Retirement: 

 Federal Old-Age and Survivors Ins. Trust Fund: 

 Federal Insurance Contributions Act Taxes ................................................ 36,509 ...... 36,509 389,028 ...... 389,028 397,122 ...... 397,122

 Self-Employment Contributions Act Taxes.................................................. 405 ...... 405 21,915 ...... 21,915 22,873 ...... 22,873

 Adjustments Attributable to Prior Years ...................................................... ...... ...... ...... -2,938 ...... -2,938 -13,753 ...... -13,753

 Total--FOASI Trust Fund .......................................................................... 36,914 ...... 36,914 408,005 ...... 408,005 406,242 ...... 406,242

 Federal Disability Insurance Trust Fund: 

 Federal Insurance Contributions Act Taxes ................................................ 6,200 ...... 6,200 66,082 ...... 66,082 67,404 ...... 67,404

 Self-Employment Contributions Act Taxes.................................................. 69 ...... 69 3,723 ...... 3,723 3,882 ...... 3,882

 Adjustments Attributable to Prior Years ...................................................... ...... ...... ...... -463 ...... -463 -2,335 ...... -2,335

 Total--FDI Trust Fund ............................................................................... 6,269 ...... 6,269 69,342 ...... 69,342 68,951 ...... 68,951

 Federal Hospital Insurance Trust Fund: 

 Federal Insurance Contributions Act Taxes ................................................ 14,458 ...... 14,458 155,474 ...... 155,474 148,157 ...... 148,157

 Self-Employment Contributions Act Taxes.................................................. 216 ...... 216 11,701 ...... 11,701 10,597 ...... 10,597

 Receipts from Railroad Retirement Board................................................... ...... ...... ...... 484 ...... 484 452 ...... 452

 Adjustments Attributable to Prior Years ...................................................... ...... ...... ...... 217 ...... 217 -3,003 ...... -3,003

 Total--FHI Trust Fund ............................................................................... 14,674 ...... 14,674 167,876 ...... 167,876 156,203 ...... 156,203

 Railroad Retirement : 

 Rail Pension and Supplemental Annuity ..................................................... 236 (**) 236 2,028 3 2,025 2,010 2 2,008

 Social Security Equivalent Account............................................................. 186 (**) 186 1,325 3 1,322 1,462 2 1,461

 Total--Employment and General Retirement:............................................ 58,279 1 58,278 648,576 6 648,569 634,869 3 634,866

 Unemployment Insurance: 

 Deposits by States........................................................................................ 8,320 ...... 8,320 52,489 ...... 52,489 41,020 ...... 41,020

 Federal Unemployment Tax Act Taxes......................................................... 748 13 735 7,078 79 7,000 6,247 81 6,166

 Railroad Unemployment Taxes..................................................................... 44 ...... 44 208 ...... 208 150 ...... 150

 Total--Unemployment Insurance................................................................. 9,112 13 9,099 59,775 79 59,697 47,418 81 47,337

 Other Retirement: 

 Federal Employees Retirement - Employee Share ....................................... 282 ...... 282 3,073 ...... 3,073 3,351 ...... 3,351

 Non-Federal Employees Retirement............................................................. 2 ...... 2 23 ...... 23 25 ...... 25

 Total--Other Retirement.............................................................................. 284 ...... 284 3,096 ...... 3,096 3,376 ...... 3,376

 Total--Social Insurance and Retirement Receipts................................ 67,675 14 67,661 711,447 85 711,362 685,662 84 685,578

Excise Taxes: 

 Miscellaneous Excise Taxes........................................................................... 2,687 146 2,541 23,733 3,165 20,568 21,530 2,582 18,948

 Airport and Airway Trust Fund ........................................................................ 1,147 ...... 1,147 10,268 12 10,256 9,021 11 9,010

 Highway Trust Fund........................................................................................ 3,321 ...... 3,321 31,422 ...... 31,422 28,831 ...... 28,831

 Black Lung Disability Trust Fund..................................................................... 53 ...... 53 529 ...... 529 486 ...... 486

 Total--Excise Taxes .................................................................................... 7,208 146 7,063 65,952 3,177 62,775 59,869 2,593 57,276

Estate and Gift Taxes ..................................................................................... 1,071 60 1,011 11,909 389 11,520 8,606 1,609 6,997

Customs Duties .............................................................................................. 3,041 127 2,913 26,382 1,592 24,789 24,964 964 24,000

Miscellaneous Receipts: 

 Deposits of Earnings by Federal Reserve Banks............................................ 6,386 ...... 6,386 66,397 ...... 66,397 71,966 ...... 71,966

 Universal Service Fund................................................................................... 862 ...... 862 8,387 ...... 8,387 7,304 ...... 7,304

 All Other.......................................................................................................... 4,479 1 4,477 12,846 20 12,826 8,814 33 8,781

 Total -- Miscellaneous Receipts................................................................. 11,727 1 11,725 87,629 20 87,609 88,085 33 88,051

 Total -- Receipts.......................................................................................... 190,427 5,842 184,585 2,281,258 272,591 2,008,667 2,185,746 292,650 1,893,096

 Total -- On-Budget ...................................................................................... 147,244 5,842 141,402 1,803,912 272,591 1,531,321 1,710,553 292,650 1,417,903

 Total -- Off-Budget ...................................................................................... 43,183 ...... 43,183 477,346 ...... 477,346 475,194 ...... 475,194

... No Transactions 

(**) Less than $500,000 

Note: Details may not add to totals due to rounding. 
7

Table 5. Outlays of the U.S. Government, July 2012 and Other Periods—Continued

[$ millions] 

This Month Current Fiscal Year to Date Prior Fiscal Year to Date 

Classification Gross 

Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays 

 

Legislative Branch: 

 Senate ..................................................................................................................... 74 (**) 74 752 3 748 756 2 754

 House of Representatives........................................................................................ 108 (**) 108 1,142 2 1,140 1,139 3 1,136

 Joint Items ............................................................................................................... 2 ...... 2 15 ...... 15 13 ...... 13

 Capitol Police........................................................................................................... 19 ...... 19 273 ...... 273 315 ...... 315

 Congressional Budget Office ................................................................................... 3 ...... 3 37 ...... 37 39 ...... 39

 Architect of the Capitol............................................................................................. 37 1 37 448 4 445 432 4 428

 Library of Congress ................................................................................................. 52 1 51 547 7 540 563 7 556

 Government Printing Office...................................................................................... 6 ...... 6 60 ...... 60 99 ...... 99

 Government Accountability Office............................................................................ 41 ...... 41 435 ...... 435 459 ...... 459

 United States Tax Court........................................................................................... 4 ...... 4 41 ...... 41 41 ...... 41

 Other Legislative Branch Agencies.......................................................................... 5 ...... 5 52 ...... 52 56 ...... 56

 Proprietary Receipts from the Public........................................................................ ...... 1 -1 ...... 15 -15 ...... 19 -19

 Intrabudgetary Transaction...................................................................................... (**) ...... (**) -12 ...... -12 -13 ...... -13

 Total--Legislative Branch .................................................................................... 351 3 348 3,791 31 3,760 3,898 35 3,863

Judicial Branch: 

 Supreme Court of the United States ........................................................................ 7 ...... 7 71 ...... 71 72 ...... 72

 Courts of Appeals, District Courts, and Other 

 Judicial Services..................................................................................................... 582 ...... 582 6,066 ...... 6,066 6,044 ...... 6,044

 Other ....................................................................................................................... 17 ...... 17 292 ...... 292 286 ...... 286

 Proprietary Receipts from the Public........................................................................ ...... 9 -9 ...... 98 -98 ...... 94 -94

 Intrabudgetary Transactions .................................................................................... -2 ...... -2 -441 ...... -441 -437 ...... -437

 Total--Judicial Branch ......................................................................................... 604 9 595 5,987 98 5,889 5,965 94 5,872

Department of Agriculture: 

 Agricultural Research Service.................................................................................. 95 ...... 95 981 ...... 981 1,052 ...... 1,052

 National Institute of Food and Agriculture: 

 Research and Education Activities......................................................................... 61 ...... 61 576 ...... 576 515 ...... 515

 Extension Activities................................................................................................ 33 ...... 33 419 ...... 419 355 ...... 355

 Other ..................................................................................................................... 11 ...... 11 89 ...... 89 83 ...... 83

 Animal and Plant Health Inspection Service ............................................................ 88 ...... 88 948 ...... 948 968 ...... 968

 Food Safety and Inspection Service ........................................................................ 81 ...... 81 834 ...... 834 868 ...... 868

 Agricultural Marketing Service ................................................................................. 88 ...... 88 709 ...... 709 813 ...... 813

 Risk Management Agency: 

 Administrative and Operating Expenses ................................................................ 5 ...... 5 62 ...... 62 65 ...... 65

 Federal Crop Insurance Corporation Fund............................................................. 250 71 179 7,611 3,075 4,536 6,325 2,024 4,301

 Farm Service Agency: 

 Salaries and Expenses .......................................................................................... 129 ...... 129 847 ...... 847 1,342 ...... 1,342

 USDA Supplemental Assistance............................................................................ (**) ...... (**) 2 ...... 2 22 ...... 22

 Agricultural Disaster Relief Fund............................................................................ 25 ...... 25 659 ...... 659 1,217 ...... 1,217

 Commodity Credit Corporation .............................................................................. 463 824 -361 16,906 9,686 7,220 20,055 11,338 8,717

 Tobacco Trust Fund............................................................................................... 8 ...... 8 697 ...... 697 702 ...... 702

 Agricultural Credit Insurance Fund......................................................................... 5 12 -7 667 184 483 308 218 91

 Other ..................................................................................................................... 6 ...... 6 59 ...... 59 42 ...... 42

 Total--Farm Service Agency ................................................................................ 636 836 -200 19,836 9,870 9,966 23,688 11,556 12,132

 Natural Resources Conservation Service: 

 Conservation Operations ....................................................................................... 76 ...... 76 728 ...... 728 703 ...... 703

 Farm Security and Rural Investment Programs ..................................................... 191 ...... 191 2,263 ...... 2,263 2,193 ...... 2,193

 Other ..................................................................................................................... 22 ...... 22 150 ...... 150 281 ...... 281

 Rural Development.................................................................................................. 55 ...... 55 119 ...... 119 122 ...... 122

 Rural Housing Service: 

 Rural Housing Insurance Fund .............................................................................. 3 48 -45 1,300 535 765 1,078 578 500

 Rental Assistance Program ................................................................................... 92 ...... 92 929 ...... 929 901 ...... 901

 Other ..................................................................................................................... 3 ...... 3 194 ...... 194 254 ...... 254

 Rural Utilities Service: 

 Rural Electrification and Telecommunications Fund .............................................. 39 301 -262 667 1,649 -982 657 1,781 -1,124

 Other ..................................................................................................................... 114 11 103 1,294 190 1,104 919 171 748

 Foreign Agricultural Service..................................................................................... 179 ...... 179 1,567 ...... 1,567 1,420 ...... 1,420

 Food and Nutrition Service: 

 Supplemental Nutrition Assistance Program.......................................................... 6,822 ...... 6,822 67,051 ...... 67,051 64,138 ...... 64,138

 Child Nutrition Programs........................................................................................ 1,204 ...... 1,204 17,096 ...... 17,096 16,058 ...... 16,058

 Special Supplemental Nutrition Program for 

 Women, Infants, and Children (WIC) .................................................................... 562 ...... 562 5,753 ...... 5,753 5,611 ...... 5,611

 Other ..................................................................................................................... 21 ...... 21 352 ...... 352 402 ...... 402

 Total--Food and Nutrition Service ........................................................................ 8,609 ...... 8,609 90,253 ...... 90,253 86,209 ...... 86,209

 Forest Service: 

 National Forest System.......................................................................................... 141 ...... 141 1,274 ...... 1,274 1,278 ...... 1,278

 Capital Improvement and Maintenance ................................................................. 49 ...... 49 463 ...... 463 666 ...... 666

 Wildland Fire Management .................................................................................... 364 ...... 364 1,735 ...... 1,735 1,914 ...... 1,914

 Forest Service Permanent Appropriations ............................................................. 20 ...... 20 478 ...... 478 547 ...... 547

 Other ..................................................................................................................... 79 ...... 79 691 ...... 691 654 ...... 654

 Total--Forest Service ........................................................................................... 653 ...... 653 4,641 ...... 4,641 5,060 ...... 5,060

 Other ....................................................................................................................... 32 3 29 868 34 833 1,048 45 1,003

 Proprietary Receipts from the Public........................................................................ ...... 71 -71 ...... 1,874 -1,874 ...... 1,913 -1,913

 Intrabudgetary Transactions .................................................................................... 4 ...... 4 272 ...... 272 -6 ...... -6

 Total--Department of Agriculture........................................................................ 11,418 1,340 10,078 137,310 17,227 120,083 135,573 18,069 117,504
8

Table 5. Outlays of the U.S. Government, July 2012 and Other Periods—Continued

[$ millions] 

This Month Current Fiscal Year to Date Prior Fiscal Year to Date 

Classification Gross 

Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays 

 

Department of Commerce: 

 Economic Development Administration ................................................................... 31 (**) 31 349 1 348 387 6 381

 Bureau of the Census .............................................................................................. 90 ...... 90 1,008 ...... 1,008 1,344 ...... 1,344

 International Trade Administration ........................................................................... 33 ...... 33 373 ...... 373 375 ...... 375

 National Oceanic and Atmospheric Administration .................................................. 426 19 407 4,452 103 4,349 4,225 85 4,140

 National Institute of Standards and Technology....................................................... 85 ...... 85 915 ...... 915 890 ...... 890

 National Telecommunication and Information Administration................................... 162 ...... 162 1,591 ...... 1,591 905 ...... 905

 Other ....................................................................................................................... -11 4 -15 288 49 239 286 40 246

 Proprietary Receipts from the Public........................................................................ ...... (**) (**) ...... 13 -13 ...... 1 -1

 Intrabudgetary Transactions .................................................................................... (**) ...... (**) -13 ...... -13 23 ...... 23

 Offsetting Governmental Receipts ........................................................................... ...... (**) (**) ...... 10 -10 ...... ...... ......

 Total--Department of Commerce ........................................................................ 816 23 792 8,964 175 8,789 8,436 132 8,304

Department of Defense-Military Programs: 

 Military Personnel: 

 Department of the Army......................................................................................... 2,926 ...... 2,926 54,702 ...... 54,702 58,275 ...... 58,275

 Department of the Navy......................................................................................... 2,286 ...... 2,286 38,509 ...... 38,509 39,222 ...... 39,222

 Department of the Air Force................................................................................... 1,895 ...... 1,895 29,210 ...... 29,210 29,942 ...... 29,942

 Defense Agencies.................................................................................................. ...... ...... ...... 5,376 ...... 5,376 4,950 ...... 4,950

 Total--Military Personnel ...................................................................................... 7,107 ...... 7,107 127,797 ...... 127,797 132,389 ...... 132,389

 Operation and Maintenance: 

 Department of the Army......................................................................................... 8,022 ...... 8,022 79,011 ...... 79,011 87,021 ...... 87,021

 Department of the Navy......................................................................................... 4,947 ...... 4,947 47,594 ...... 47,594 45,837 ...... 45,837

 Department of the Air Force................................................................................... 4,559 ...... 4,559 47,571 ...... 47,571 47,621 ...... 47,621

 Defense Agencies.................................................................................................. 5,586 ...... 5,586 56,667 ...... 56,667 55,944 ...... 55,944

 Total--Operation and Maintenance .................................................................... 23,114 ...... 23,114 230,842 ...... 230,842 236,423 ...... 236,423

 International Reconstruction and Other Assistance: 

 Department of the Army......................................................................................... (**) ...... (**) 16 ...... 16 1 ...... 1

 Procurement: 

 Department of the Army......................................................................................... 3,045 ...... 3,045 29,572 ...... 29,572 32,779 ...... 32,779

 Department of the Navy......................................................................................... 3,260 ...... 3,260 34,575 ...... 34,575 35,352 ...... 35,352

 Department of the Air Force................................................................................... 3,152 ...... 3,152 33,749 ...... 33,749 33,006 ...... 33,006

 Defense Agencies.................................................................................................. 546 ...... 546 6,595 ...... 6,595 6,161 ...... 6,161

 Total--Procurement.............................................................................................. 10,003 ...... 10,003 104,491 ...... 104,491 107,299 ...... 107,299

 Research, Development, Test, and Evaluation: 

 Department of the Army......................................................................................... 762 ...... 762 7,409 ...... 7,409 8,476 ...... 8,476

 Department of the Navy......................................................................................... 1,311 ...... 1,311 13,822 ...... 13,822 15,169 ...... 15,169

 Department of the Air Force................................................................................... 1,663 ...... 1,663 20,766 ...... 20,766 21,902 ...... 21,902

 Defense Agencies.................................................................................................. 1,697 ...... 1,697 15,955 ...... 15,955 16,892 ...... 16,892

 Total--Research, Development, Test, and Evaluation.......................................... 5,434 ...... 5,434 57,952 ...... 57,952 62,439 ...... 62,439

 Military Construction: 

 Department of the Army......................................................................................... 376 ...... 376 3,973 ...... 3,973 4,564 ...... 4,564

 Department of the Navy......................................................................................... 262 ...... 262 2,375 ...... 2,375 2,199 ...... 2,199

 Department of the Air Force................................................................................... 120 ...... 120 1,236 ...... 1,236 1,485 ...... 1,485

 Defense Agencies.................................................................................................. 457 ...... 457 4,974 ...... 4,974 8,382 ...... 8,382

 Total--Military Construction .................................................................................. 1,216 ...... 1,216 12,557 ...... 12,557 16,631 ...... 16,631

 Family Housing: 

 Department of the Army......................................................................................... 51 ...... 51 535 ...... 535 535 ...... 535

 Department of the Navy......................................................................................... 54 ...... 54 362 ...... 362 393 ...... 393

 Department of the Air Force................................................................................... 87 ...... 87 729 ...... 729 831 ...... 831

 Defense Agencies.................................................................................................. 31 20 12 434 151 283 1,338 252 1,086

 Revolving and Management Funds: 

 Department of the Navy......................................................................................... 105 ...... 105 1,332 ...... 1,332 1,333 ...... 1,333

 Defense Agencies: 

 Working Capital Fund .......................................................................................... 1,749 ...... 1,749 2,633 ...... 2,633 -108 ...... -108

 Other.................................................................................................................... -18 ...... -18 109 ...... 109 334 ...... 334

 Allowances .............................................................................................................. 2 ...... 2 5 ...... 5 2 ...... 2

 Trust Funds: 

 Department of the Army......................................................................................... (**) ...... (**) 3 ...... 3 4 ...... 4

 Department of the Navy......................................................................................... 2 ...... 2 22 ...... 22 20 ...... 20

 Department of the Air Force................................................................................... (**) ...... (**) 1 ...... 1 7 (**) 7

 Defense Agencies.................................................................................................. 29 ...... 29 220 ...... 220 149 ...... 149

 Proprietary Receipts from the Public: 

 Department of the Army......................................................................................... ...... -496 496 ...... -238 238 ...... 269 -269

 Department of the Navy......................................................................................... ...... -391 391 ...... 226 -226 ...... 35 -35

 Department of the Air Force................................................................................... ...... -5 5 ...... 15 -15 ...... 39 -39

 Defense Agencies.................................................................................................. ...... 273 -273 ...... 1,002 -1,002 ...... 1,053 -1,053

 Intrabudgetary Transactions: 

 Department of the Army......................................................................................... -269 ...... -269 758 ...... 758 177 ...... 177

 Department of the Navy......................................................................................... 20 ...... 20 26 ...... 26 -4 ...... -4

 Department of the Air Force................................................................................... -30 ...... -30 17 ...... 17 -31 ...... -31

 Defense Agencies.................................................................................................. -5 ...... -5 -55 ...... -55 -48 ...... -48

 Offsetting Governmental Receipts: 

 Department of the Army......................................................................................... ...... ...... ...... ...... (**) (**) ...... (**) (**)

 Defense Agencies.................................................................................................. ...... ...... ...... ...... (**) (**) ...... 1 -1

 Total--Department of Defense--Military Programs .......................................... 48,682 -599 49,282 540,786 1,156 539,630 560,115 1,650 558,465
9

Table 5. Outlays of the U.S. Government, July 2012 and Other Periods—Continued

[$ millions] 

This Month Current Fiscal Year to Date Prior Fiscal Year to Date 

Classification Gross 

Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays 

 

Department of Education: 

 Office of Elementary and Secondary Education: 

 Accelerating Achievement and Ensuring Equity..................................................... 1,434 ...... 1,434 14,696 ...... 14,696 16,757 ...... 16,757

 Impact Aid.............................................................................................................. 50 ...... 50 1,261 ...... 1,261 1,304 ...... 1,304

 Education Improvement Programs......................................................................... 426 ...... 426 4,196 ...... 4,196 4,565 ...... 4,565

 State Fiscal Stabilization Fund, Recovery Act........................................................ 108 ...... 108 1,431 ...... 1,431 11,233 ...... 11,233

 Other ..................................................................................................................... 382 ...... 382 3,476 ...... 3,476 5,043 ...... 5,043

 Total--Office of Elementary and Secondary Education ........................................ 2,400 ...... 2,400 25,059 ...... 25,059 38,902 ...... 38,902

 Office of Innovation and Improvement ..................................................................... 74 ...... 74 716 ...... 716 848 ...... 848

 Office of English Language Acquisition.................................................................... 52 ...... 52 593 ...... 593 666 ...... 666

 Office of Special Education and Rehabilitative Services: 

 Special Education.................................................................................................. 848 ...... 848 11,746 ...... 11,746 14,917 ...... 14,917

 Rehabilitation Services and Disability Research .................................................... 257 ...... 257 2,858 ...... 2,858 2,989 ...... 2,989

 Special Institutions for Persons with Disabilities .................................................... 22 ...... 22 184 ...... 184 184 ...... 184

 Office of Vocational and Adult Education................................................................. 138 ...... 138 1,555 ...... 1,555 1,612 ...... 1,612

 Office of Postsecondary Education: 

 Higher Education ................................................................................................... 175 ...... 175 1,938 ...... 1,938 2,046 ...... 2,046

 Other ..................................................................................................................... 54 2 52 224 16 207 325 13 312

 Total--Office of Postsecondary Education............................................................ 229 2 227 2,162 16 2,145 2,371 13 2,358

 Office of Federal Student Aid: 

 Student Financial Assistance................................................................................. 1,052 ...... 1,052 25,540 ...... 25,540 27,792 ...... 27,792

 Student Aid Administration..................................................................................... 108 ...... 108 929 ...... 929 878 ...... 878

 Federal Student Loan Reserve Fund ..................................................................... ...... ...... ...... 650 ...... 650 -551 ...... -551

 Federal Direct Student Loans ................................................................................ ...... ...... ...... 6,917 ...... 6,917 2,787 ...... 2,787

 Federal Family Education Loans............................................................................ -39 ...... -39 954 ...... 954 -135 ...... -135

 Other ..................................................................................................................... 4 ...... 4 44 ...... 44 812 ...... 812

 Total--Office of Federal Student Aid..................................................................... 1,124 ...... 1,124 35,035 ...... 35,035 31,584 ...... 31,584

 Institute of Education Sciences................................................................................ 58 ...... 58 572 ...... 572 556 ...... 556

 Departmental Management ..................................................................................... 48 ...... 48 512 ...... 512 530 ...... 530

 Other ....................................................................................................................... 1 ...... 1 9 ...... 9 24 ...... 24

 Proprietary Receipts from the Public........................................................................ ...... -457 457 ...... 35,452 -35,452 ...... 43,030 -43,030

 Intrabudgetary Transactions .................................................................................... 648 ...... 648 71 ...... 71 15 ...... 15

 Total--Department of Education ......................................................................... 5,899 -455 6,354 81,071 35,469 45,602 95,199 43,043 52,155

Department of Energy: 

 National Nuclear Security Administration: 

 Naval Reactors ...................................................................................................... 64 ...... 64 774 ...... 774 766 ...... 766

 Weapons Activities ................................................................................................ 635 ...... 635 6,209 ...... 6,209 5,547 ...... 5,547

 Defense Nuclear Nonproliferation.......................................................................... 204 ...... 204 2,069 ...... 2,069 1,773 ...... 1,773

 Other ..................................................................................................................... 36 ...... 36 360 ...... 360 367 ...... 367

 Environmental and Other Defense Activities: 

 Defense Environmental Cleanup ........................................................................... 501 ...... 501 4,840 ...... 4,840 6,151 ...... 6,151

 Other Defense Activities ........................................................................................ 76 ...... 76 638 ...... 638 677 ...... 677

 Defense Nuclear Waste Disposal .......................................................................... (**) ...... (**) 10 ...... 10 20 ...... 20

 Other ..................................................................................................................... ...... ...... ...... (**) ...... (**) 2 ...... 2

 Energy Programs: 

 Science.................................................................................................................. 375 ...... 375 4,360 ...... 4,360 4,368 ...... 4,368

 Energy Supply ....................................................................................................... 198 ...... 198 1,991 ...... 1,991 1,986 ...... 1,986

 Energy Efficiency and Renewable Energy ............................................................. 409 ...... 409 5,753 ...... 5,753 6,178 ...... 6,178

 Fossil Energy Research and Development............................................................ 87 ...... 87 888 ...... 888 846 ...... 846

 Uranium Enrichment Decontamination and Decommissioning Fund...................... 33 ...... 33 406 ...... 406 570 ...... 570

 Advanced Technology Vehicles Manufacturing Loan Program .............................. 5 ...... 5 772 ...... 772 924 ...... 924

 Title 17 Innovative Technology Loan Guarantee Program ..................................... 78 ...... 78 948 ...... 948 271 ...... 271

 Other ..................................................................................................................... 81 5 76 850 41 808 928 44 884

 Total--Energy Programs....................................................................................... 1,267 5 1,262 15,968 41 15,926 16,069 44 16,025

 Power Marketing Administration .............................................................................. -22 290 -312 2,976 3,043 -67 3,279 2,773 507

 Departmental Administration.................................................................................... 19 ...... 19 164 ...... 164 277 ...... 277

 Proprietary Receipts from the Public........................................................................ ...... -79 79 ...... 2,357 -2,357 ...... 2,459 -2,459

 Intrabudgetary Transactions .................................................................................... -97 ...... -97 -1,210 ...... -1,210 -1,190 ...... -1,190

 Total--Department of Energy............................................................................... 2,683 216 2,467 32,797 5,441 27,356 33,738 5,276 28,462
10

Table 5. Outlays of the U.S. Government, July 2012 and Other Periods—Continued

[$ millions] 

This Month Current Fiscal Year to Date Prior Fiscal Year to Date 

Classification Gross 

Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays 

 

Department of Health and Human Services: 

 Food and Drug Administration ................................................................................. 158 1 158 1,763 7 1,756 1,788 7 1,782

 Health Resources and Services Administration ....................................................... 748 (**) 747 7,245 7 7,239 7,131 8 7,123

 Indian Health Services............................................................................................. 187 ...... 187 4,014 ...... 4,014 3,705 ...... 3,705

 Centers for Disease Control and Prevention............................................................ 495 ...... 495 5,579 ...... 5,579 5,552 ...... 5,552

 National Institutes of Health..................................................................................... 2,772 ...... 2,772 27,105 ...... 27,105 28,360 ...... 28,360

 Substance Abuse and Mental Health Services Administration................................. 281 ...... 281 2,642 ...... 2,642 2,749 ...... 2,749

 Agency for Healthcare Research and Quality .......................................................... 38 ...... 38 261 ...... 261 56 ...... 56

 Centers for Medicare and Medicaid Services: 

 Grants to States for Medicaid ................................................................................ 20,201 ...... 20,201 208,492 ...... 208,492 235,295 ...... 235,295

 Payments to Health Care Trust Funds................................................................... 14,548 ...... 14,548 191,394 ...... 191,394 197,394 ...... 197,394

 Children's Health Insurance Fund.......................................................................... 791 ...... 791 7,500 ...... 7,500 7,131 ...... 7,131

 State Grants and Demonstrations.......................................................................... 22 ...... 22 416 ...... 416 488 ...... 488

 Federal Hospital Insurance Trust Fund: 

 Benefit Payments................................................................................................. 16,260 ...... 16,260 213,676 ...... 213,676 209,245 ...... 209,245

 Administrative Expenses...................................................................................... 309 ...... 309 3,773 ...... 3,773 2,222 ...... 2,222

 Total--FHI Trust Fund ........................................................................................ 16,569 ...... 16,569 217,449 ...... 217,449 211,467 ...... 211,467

 Health Care Fraud and Abuse Control................................................................... 180 ...... 180 1,283 ...... 1,283 1,104 ...... 1,104

 Federal Supplementary Medical Insurance Trust Fund: 

 Benefit Payments................................................................................................. 13,600 ...... 13,600 188,558 ...... 188,558 184,335 ...... 184,335

 Administrative Expenses...................................................................................... 296 ...... 296 3,846 ...... 3,846 2,237 ...... 2,237

 Medicare Prescription Drugs: 

 Benefit Payments............................................................................................... 238 ...... 238 44,736 ...... 44,736 50,300 ...... 50,300

 Administrative Expenses.................................................................................... 34 ...... 34 306 ...... 306 339 ...... 339

 Total--FSMI Trust Fund...................................................................................... 14,167 ...... 14,167 237,446 ...... 237,446 237,212 ...... 237,212

 Other ..................................................................................................................... 405 ...... 405 3,663 ...... 3,663 3,278 ...... 3,278

 Total--Centers for Medicare and Medicaid Services ............................................ 66,883 ...... 66,883 867,644 ...... 867,644 893,369 ...... 893,369

 Administration for Children and Families: 

 Temporary Assistance for Needy Families............................................................. 1,274 ...... 1,274 13,247 ...... 13,247 14,317 ...... 14,317

 Contingency Fund.................................................................................................. -26 ...... -26 503 ...... 503 1,830 ...... 1,830

 Payments to States for Child Support Enforcement 

 and Family Support Programs .............................................................................. 308 ...... 308 2,692 ...... 2,692 2,696 ...... 2,696

 Low Income Home Energy Assistance .................................................................. 182 ...... 182 3,297 ...... 3,297 3,958 ...... 3,958

 Refugee and Entrant Assistance............................................................................ 67 ...... 67 637 ...... 637 574 ...... 574

 Child Care Entitlement to States............................................................................ 374 ...... 374 2,335 ...... 2,335 2,609 ...... 2,609

 Payments to States for the Child Care 

 and Development Block Grant .............................................................................. 160 ...... 160 1,842 ...... 1,842 2,542 ...... 2,542

 Social Services Block Grant................................................................................... 128 ...... 128 1,449 ...... 1,449 1,425 ...... 1,425

 Children and Families Services Programs ............................................................. 692 ...... 692 8,314 ...... 8,314 8,911 ...... 8,911

 Payments to States for Foster Care and Adoption Assistance............................... 609 ...... 609 5,794 ...... 5,794 5,801 ...... 5,801

 Other ..................................................................................................................... 42 ...... 42 440 ...... 440 440 ...... 440

 Total--Administration for Children and Families ................................................... 3,809 ...... 3,809 40,550 ...... 40,550 45,105 ...... 45,105

 Administration on Aging........................................................................................... 102 ...... 102 1,191 ...... 1,191 1,304 ...... 1,304

 Departmental Management ..................................................................................... 266 ...... 266 2,663 ...... 2,663 2,240 ...... 2,240

 Other ....................................................................................................................... -95 ...... -95 330 ...... 330 566 ...... 566

 Proprietary Receipts from the Public........................................................................ ...... 6,489 -6,489 ...... 68,970 -68,970 ...... 64,319 -64,319

 Intrabudgetary Transactions: 

 Payments for Health Insurance for the Aged: 

 Federal Supplementary Medical Insurance Trust Fund........................................ -14,221 ...... -14,221 -174,742 ...... -174,742 -183,552 ...... -183,552

 Payments for Tax and Other Credits: 

 Federal Hospital Insurance Trust Fund................................................................ -328 ...... -328 -16,650 ...... -16,650 -13,837 ...... -13,837

 Other ..................................................................................................................... -192 ...... -192 31 ...... 31 -237 ...... -237

 Total--Department of Health and Human Services............................................ 60,903 6,490 54,413 769,625 68,983 700,642 794,300 64,334 729,966

Department of Homeland Security: 

 Departmental Management and Operations ............................................................ 103 ...... 103 896 ...... 896 948 ...... 948

 Citizenship and Immigration Services ...................................................................... 210 ...... 210 2,220 ...... 2,220 2,119 ...... 2,119

 United States Secret Service ................................................................................... 122 ...... 122 1,512 ...... 1,512 1,471 ...... 1,471

 Transportation Security Administration .................................................................... 407 ...... 407 4,593 ...... 4,593 4,524 ...... 4,524

 Immigration and Customs Enforcement................................................................... 575 ...... 575 5,092 ...... 5,092 4,701 ...... 4,701

 Customs and Border Protection............................................................................... 940 ...... 940 10,254 ...... 10,254 9,712 ...... 9,712

 United States Coast Guard...................................................................................... 730 3 727 8,574 12 8,562 8,529 9 8,520

 National Protection and Programs Directorate......................................................... 150 ...... 150 1,253 ...... 1,253 1,281 ...... 1,281

 Federal Emergency Management Agency: 

 State and Local Programs ..................................................................................... 339 ...... 339 2,425 ...... 2,425 2,088 ...... 2,088

 Firefighter Assistance Grants................................................................................. 70 ...... 70 605 ...... 605 589 ...... 589

 Disaster Relief ....................................................................................................... 410 ...... 410 5,324 ...... 5,324 4,688 ...... 4,688

 National Flood Insurance Fund.............................................................................. 41 232 -191 1,958 1,607 352 569 1,814 -1,246

 Other ..................................................................................................................... 113 ...... 113 1,178 ...... 1,178 1,078 ...... 1,078

 Total--Federal Emergency Management Agency................................................. 972 232 740 11,491 1,607 9,884 9,012 1,814 7,197

 Science and Technology.......................................................................................... 58 ...... 58 679 ...... 679 824 ...... 824

 Domestic Nuclear Detection Office .......................................................................... 23 ...... 23 288 ...... 288 327 ...... 327

 Other ....................................................................................................................... 38 ...... 38 372 ...... 372 391 ...... 391

 Proprietary Receipts from the Public........................................................................ ...... 6 -6 ...... 62 -62 ...... 238 -238

 Intrabudgetary Transactions .................................................................................... -22 ...... -22 -6 ...... -6 136 ...... 136

 Offsetting Governmental Receipts ........................................................................... ...... 489 -489 ...... 5,741 -5,741 ...... 4,888 -4,888

 Total--Department of Homeland Security .......................................................... 4,306 729 3,576 47,220 7,422 39,798 43,975 6,950 37,025
11

Table 5. Outlays of the U.S. Government, July 2012 and Other Periods—Continued

[$ millions] 

This Month Current Fiscal Year to Date Prior Fiscal Year to Date 

Classification Gross 

Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays 

 

Department of Housing and Urban Development: 

 Public and Indian Housing Programs: 

 Tenant Based Rental Assistance........................................................................... 1,399 ...... 1,399 14,898 ...... 14,898 15,457 ...... 15,457

 Housing Certificate Fund ....................................................................................... 55 ...... 55 731 ...... 731 1,019 ...... 1,019

 Project-Based Rental Assistance........................................................................... 779 ...... 779 7,669 ...... 7,669 7,176 ...... 7,176

 Public Housing Capital Fund.................................................................................. 169 ...... 169 2,318 ...... 2,318 3,529 ...... 3,529

 Public Housing Operating Fund ............................................................................. 332 ...... 332 3,564 ...... 3,564 3,831 ...... 3,831

 Revitalization of Severely Distressed 

 Public Housing (Hope VI)...................................................................................... 11 ...... 11 101 ...... 101 137 ...... 137

 Native American Housing Block Grant................................................................... 64 ...... 64 619 ...... 619 638 ...... 638

 Other ..................................................................................................................... 21 ...... 21 28 ...... 28 9 ...... 9

 Total--Public and Indian Housing Programs......................................................... 2,829 ...... 2,829 29,928 ...... 29,928 31,796 ...... 31,796

 Community Planning and Development: 

 Housing Opportunities for Persons with AIDS........................................................ 26 ...... 26 277 ...... 277 267 ...... 267

 Community Development Fund.............................................................................. 563 ...... 563 5,772 ...... 5,772 5,753 ...... 5,753

 Home Investment Partnership Program................................................................. 124 ...... 124 1,522 ...... 1,522 2,474 ...... 2,474

 Neighborhood Stabilization Program ..................................................................... 49 ...... 49 568 ...... 568 976 ...... 976

 Homeless Assistance Grants................................................................................. 167 ...... 167 1,657 ...... 1,657 1,917 ...... 1,917

 Other ..................................................................................................................... 18 ...... 18 95 (**) 95 78 (**) 78

 Total--Community Planning and Development..................................................... 946 ...... 946 9,891 (**) 9,891 11,465 (**) 11,465

 Housing Programs: 

 Credit Accounts: 

 FHA-Mutual Mortgage Insurance Fund, Program Account................................... 6 ...... 6 80 ...... 80 7,680 ...... 7,680

 FHA-Mutual Mortgage Insurance Capital Reserve Account ................................. -1,751 ...... -1,751 -6,811 ...... -6,811 -6,641 ...... -6,641

 FHA-Mutual Mortgage and Cooperative Housing 

 Insurance Fund, Liquidating Account.................................................................. 3 1 1 31 20 12 40 18 23

 FHA-General and Special Risk Fund, Program Account...................................... 746 ...... 746 747 ...... 747 3,031 ...... 3,031

 FHA-General and Special Risk Fund, Liquidating Account .................................. 19 9 10 87 194 -107 103 198 -95

 Housing for the Elderly or Handicapped Fund, 

 Liquidating Account ............................................................................................ (**) 47 -47 2 457 -455 1 487 -486

 Home Ownership Preservation Equity Fund .......................................................... ...... ...... ...... (**) ...... (**) 6 ...... 6

 Housing for the Elderly........................................................................................... 77 ...... 77 711 ...... 711 776 ...... 776

 Housing for Persons with Disabilities ..................................................................... 52 ...... 52 527 ...... 527 634 ...... 634

 Other Assisted Housing Programs......................................................................... 4 ...... 4 38 ...... 38 39 ...... 39

 Other ..................................................................................................................... 18 3 15 244 36 208 205 29 176

 Total--Housing Programs..................................................................................... -827 60 -887 -4,343 707 -5,050 5,876 732 5,143

 Government National Mortgage Association: 

 Guarantees of Mortgage-Backed Securities .......................................................... 12 6 7 170 63 106 892 189 703

 Management and Administration ............................................................................. 152 ...... 152 1,481 ...... 1,481 1,515 ...... 1,515

 Other ....................................................................................................................... 18 ...... 18 211 ...... 211 214 ...... 214

 Proprietary Receipts from the Public: 

 FHA-General and Special Risk Fund ..................................................................... ...... 2,254 -2,254 ...... 2,512 -2,512 ...... 932 -932

 Other ..................................................................................................................... ...... 24 -24 ...... 53 -53 ...... 9 -9

 Intrabudgetary Transactions .................................................................................... 4 ...... 4 -17 ...... -17 -19 ...... -19

 Offsetting Governmental Receipts ........................................................................... ...... (**) (**) ...... 3 -3 ...... 2 -2

 Total--Department of Housing and Urban Development................................... 3,134 2,343 791 37,320 3,338 33,983 51,739 1,865 49,874

Department of the Interior: 

 Land and Minerals Management: 

 Bureau of Land Management: 

 Management of Lands and Resources ................................................................ 75 ...... 75 788 ...... 788 779 ...... 779

 Other.................................................................................................................... 43 5 38 500 156 344 544 158 386

 Bureau of Ocean Energy Management, 

 Regulation and Enforcement ................................................................................ -4 ...... -4 9 ...... 9 194 ...... 194

 Office of Surface Mining Reclamation and Enforcement........................................ 32 ...... 32 652 ...... 652 616 ...... 616

 Total--Land and Minerals Management ............................................................... 146 5 141 1,949 156 1,793 2,134 158 1,976

 Water and Science: 

 Bureau of Reclamation: 

 Water and Related Resources............................................................................. 78 ...... 78 930 ...... 930 981 ...... 981

 Other.................................................................................................................... 50 33 17 440 275 165 451 250 202

 United States Geological Survey ........................................................................... 59 ...... 59 904 ...... 904 974 ...... 974

 Other ..................................................................................................................... (**) ...... (**) 31 ...... 31 41 ...... 41

 Total--Water and Science .................................................................................... 187 33 155 2,305 275 2,029 2,448 250 2,198

 Fish and Wildlife and Parks: 

 United States Fish and Wildlife Service ................................................................. 225 ...... 225 2,122 ...... 2,122 2,256 ...... 2,256

 National Park Service ............................................................................................ 311 ...... 311 2,697 ...... 2,697 2,905 ...... 2,905

 Total--Fish and Wildlife and Parks ....................................................................... 536 ...... 536 4,819 ...... 4,819 5,162 ...... 5,162

 Bureau of Indian Affairs and 

 Bureau of Indian Education..................................................................................... 368 (**) 368 2,518 1 2,518 2,429 1 2,428

 Departmental Offices: 

 Mineral Leasing and Associated Payments ........................................................... 164 ...... 164 1,711 ...... 1,711 1,567 ...... 1,567

 Other ..................................................................................................................... 24 ...... 24 209 ...... 209 145 ...... 145

 Insular Affairs........................................................................................................... 23 ...... 23 329 ...... 329 281 ...... 281

 Office of the Special Trustee 

 for American Indians............................................................................................... 28 ...... 28 561 ...... 561 429 ...... 429

 Department-Wide Programs .................................................................................... 115 ...... 115 1,435 ...... 1,435 1,403 ...... 1,403

 Other ....................................................................................................................... 12 ...... 12 131 ...... 131 119 ...... 119

 Proprietary Receipts from the Public........................................................................ ...... 474 -474 ...... 4,875 -4,875 ...... 4,465 -4,465

 Intrabudgetary Transactions .................................................................................... -75 ...... -75 -230 ...... -230 -145 ...... -145

 Total--Department of the Interior........................................................................ 1,527 511 1,016 15,737 5,307 10,430 15,971 4,873 11,098
12

Table 5. Outlays of the U.S. Government, July 2012 and Other Periods—Continued

[$ millions] 

This Month Current Fiscal Year to Date Prior Fiscal Year to Date 

Classification Gross 

Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays 

 

Department of Justice: 

 General Administration ............................................................................................ 240 ...... 240 1,950 ...... 1,950 2,045 ...... 2,045

 Legal Activities and United States Marshals: 

 General Legal Activities ......................................................................................... 62 ...... 62 726 ...... 726 766 ...... 766

 United States Attorneys ......................................................................................... 172 ...... 172 1,615 ...... 1,615 1,662 ...... 1,662

 United States Marshals Service............................................................................. 65 ...... 65 923 ...... 923 1,043 ...... 1,043

 Assets Forfeiture Fund........................................................................................... 66 ...... 66 2,318 ...... 2,318 1,239 ...... 1,239

 Other ..................................................................................................................... 39 ...... 39 427 ...... 427 431 ...... 431

 Federal Bureau of Investigation ............................................................................... 722 ...... 722 6,790 ...... 6,790 6,542 ...... 6,542

 Drug Enforcement Administration ............................................................................ 195 ...... 195 1,899 ...... 1,899 1,979 ...... 1,979

 Bureau of Alcohol, Tobacco, Firearms, and Explosives ........................................... 88 ...... 88 932 ...... 932 939 ...... 939

 Federal Prison System ............................................................................................ 561 30 531 5,868 299 5,569 5,733 288 5,445

 Office of Justice Programs: 

 State and Local Law Enforcement Assistance ....................................................... 128 ...... 128 1,381 ...... 1,381 1,482 ...... 1,482

 Community Oriented Policing Services.................................................................. 81 ...... 81 519 ...... 519 523 ...... 523

 Crime Victims Fund ............................................................................................... 45 ...... 45 542 ...... 542 535 ...... 535

 Other ..................................................................................................................... 104 ...... 104 959 ...... 959 1,048 ...... 1,048

 Other ....................................................................................................................... 28 ...... 28 660 ...... 660 572 ...... 572

 Proprietary Receipts from the Public........................................................................ ...... 32 -32 ...... 244 -244 ...... 146 -146

 Intrabudgetary Transactions .................................................................................... -856 ...... -856 -829 ...... -829 -127 ...... -127

 Offsetting Governmental Receipts ........................................................................... ...... 52 -52 ...... 433 -433 ...... 417 -417

 Total--Department of Justice .............................................................................. 1,741 114 1,628 26,681 976 25,705 26,411 851 25,560

Department of Labor: 

 Employment and Training Administration: 

 Training and Employment Services ....................................................................... 296 ...... 296 3,128 ...... 3,128 3,766 ...... 3,766

 Office of Job Corps................................................................................................ 200 ...... 200 1,491 ...... 1,491 1,346 ...... 1,346

 Community Service Employment for Older Americans .......................................... 40 ...... 40 405 ...... 405 622 ...... 622

 Federal Unemployment Benefits and Allowances.................................................. 51 ...... 51 517 ...... 517 651 ...... 651

 Federal Additional Unemployment Compensation 

 Program-Recovery Act.......................................................................................... -1 ...... -1 -10 ...... -10 1,666 ...... 1,666

 State Unemployment Insurance and Employment 

 Service Operations ............................................................................................... -31 ...... -31 -47 ...... -47 174 ...... 174

 Payments to the Unemployment Trust Fund.......................................................... ...... ...... ...... 48,282 ...... 48,282 53,323 ...... 53,323

 Advances to the Unemployment Trust Fund and 

 Other Funds.......................................................................................................... ...... ...... ...... 140 ...... 140 260 ...... 260

 Program Administration ......................................................................................... 9 ...... 9 101 ...... 101 104 ...... 104

 Unemployment Trust Fund: 

 Federal-State Unemployment Insurance: 

 State Unemployment Benefits............................................................................ 6,750 ...... 6,750 78,005 ...... 78,005 97,841 ...... 97,841

 State Administrative Expenses ............................................................................ 372 ...... 372 3,768 ...... 3,768 3,768 ...... 3,768

 Federal Administrative Expenses......................................................................... 44 ...... 44 358 ...... 358 361 ...... 361

 Other.................................................................................................................... (**) ...... (**) 283 ...... 283 219 ...... 219

 Total--Unemployment Trust Fund ...................................................................... 7,166 ...... 7,166 82,413 ...... 82,413 102,189 ...... 102,189

 Other ..................................................................................................................... 18 ...... 18 163 ...... 163 10 ...... 10

 Total--Employment and Training Administration .................................................. 7,748 ...... 7,748 136,584 ...... 136,584 164,111 ...... 164,111
13

Table 5. Outlays of the U.S. Government, July 2012 and Other Periods—Continued

[$ millions] 

This Month Current Fiscal Year to Date Prior Fiscal Year to Date 

Classification Gross 

Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays 

 

Department of Labor:—Continued

 Pension Benefit Guaranty Corporation .................................................................... 488 520 -32 4,874 4,913 -39 4,902 6,086 -1,185

 Employment Standards Administration .................................................................... 1 ...... 1 69 ...... 69 396 ...... 396

 Office of Workers' Compensation Programs: 

 Special Benefits..................................................................................................... 245 ...... 245 -356 ...... -356 -286 ...... -286

 Energy Employees Occupational 

 Illness Compensation Fund .................................................................................. 115 ...... 115 949 ...... 949 1,062 ...... 1,062

 Special Benefits for Disabled Coal Miners ............................................................. 13 ...... 13 141 ...... 141 162 ...... 162

 Black Lung Disability Trust Fund............................................................................ 21 ...... 21 218 ...... 218 230 ...... 230

 Other ..................................................................................................................... 30 ...... 30 297 ...... 297 223 ...... 223

 Wage and Hour Division .......................................................................................... 3 ...... 3 32 ...... 32 25 ...... 25

 Occupational Safety and Health Administration ....................................................... 46 ...... 46 467 ...... 467 470 ...... 470

 Mine Safety and Health Administration .................................................................... 29 ...... 29 312 ...... 312 296 ...... 296

 Bureau of Labor Statistics........................................................................................ 47 ...... 47 467 ...... 467 441 ...... 441

 Departmental Management ..................................................................................... 13 ...... 13 394 ...... 394 451 ...... 451

 Other ....................................................................................................................... 27 ...... 27 242 ...... 242 134 ...... 134

 Proprietary Receipts from the Public........................................................................ ...... -3 3 ...... 82 -82 ...... 23 -23

 Intrabudgetary Transactions .................................................................................... -19 ...... -19 -49,516 ...... -49,516 -54,603 ...... -54,603

 Total--Department of Labor................................................................................. 8,809 517 8,292 95,173 4,994 90,179 118,012 6,110 111,903

Department of State: 

 Administration of Foreign Affairs: 

 Diplomatic and Consular Programs ....................................................................... 511 ...... 511 6,787 ...... 6,787 6,506 ...... 6,506

 Educational and Cultural Exchange Programs....................................................... 58 ...... 58 517 ...... 517 517 ...... 517

 Embassy Security, Construction, and Maintenance............................................... 266 ...... 266 1,486 ...... 1,486 479 ...... 479

 Payment to Foreign Service Retirement and 

 Disability Fund ...................................................................................................... ...... ...... ...... 159 ...... 159 159 ...... 159

 Foreign Service Retirement and Disability Fund .................................................... 73 ...... 73 725 ...... 725 695 ...... 695

 Other ..................................................................................................................... 278 ...... 278 181 ...... 181 490 ...... 490

 Total--Administration of Foreign Affairs................................................................ 1,186 ...... 1,186 9,855 ...... 9,855 8,847 ...... 8,847

 International Organizations and Conferences .......................................................... 70 ...... 70 2,113 ...... 2,113 1,968 ...... 1,968

 Global Health and Child Survival ............................................................................. 1,503 ...... 1,503 6,373 ...... 6,373 5,239 ...... 5,239

 Migration and Refugee Assistance .......................................................................... 139 ...... 139 1,453 ...... 1,453 1,344 ...... 1,344

 International Narcotics Control and Law Enforcement ............................................. 26 ...... 26 1,401 ...... 1,401 1,247 ...... 1,247

 Andean Counterdrug Programs ............................................................................... 7 ...... 7 92 ...... 92 172 ...... 172

 Other ....................................................................................................................... 57 ...... 57 400 ...... 400 559 ...... 559

 Proprietary Receipts from the Public........................................................................ ...... 2 -2 ...... 33 -33 ...... 32 -32

 Intrabudgetary Transactions .................................................................................... -53 ...... -53 -58 ...... -58 -228 ...... -228

 Total--Department of State.................................................................................. 2,936 2 2,934 21,629 33 21,596 19,148 32 19,116

Department of Transportation: 

 Office of the Secretary ............................................................................................. 91 ...... 91 908 ...... 908 351 ...... 351

 Federal Aviation Administration: 

 Operations............................................................................................................. 549 ...... 549 3,132 ...... 3,132 3,296 ...... 3,296

 Airport and Airway Trust Fund: 

 Grants-In-Aid for Airports..................................................................................... 349 ...... 349 2,607 ...... 2,607 2,543 ...... 2,543

 Facilities and Equipment...................................................................................... 255 ...... 255 2,359 ...... 2,359 2,238 ...... 2,238

 Research, Engineering, and Development........................................................... 21 ...... 21 142 ...... 142 129 ...... 129

 Trust Fund Share of FAA Operations................................................................... 211 ...... 211 5,061 ...... 5,061 4,550 ...... 4,550

 Total--Airport and Airway Trust Fund ................................................................. 836 ...... 836 10,169 ...... 10,169 9,460 ...... 9,460

 Other ..................................................................................................................... 22 -7 29 -50 117 -166 275 217 58

 Total--Federal Aviation Administration ................................................................. 1,407 -7 1,414 13,251 117 13,135 13,031 217 12,814

 Federal Highway Administration: 

 Highway Trust Fund: 

 Federal-Aid Highways.......................................................................................... 3,794 ...... 3,794 30,665 ...... 30,665 27,525 ...... 27,525

 Other.................................................................................................................... 2 2 (**) 20 20 (**) 22 7 15

 Highway Infrastructure Investment, Recovery Act.................................................. 163 ...... 163 2,700 ...... 2,700 6,906 ...... 6,906

 Other Programs ..................................................................................................... 109 ...... 109 1,027 ...... 1,027 564 ...... 564

 Total--Federal Highway Administration ................................................................ 4,068 2 4,066 34,413 20 34,392 35,018 7 35,011

 Federal Motor Carrier Safety Administration............................................................ 38 ...... 38 433 ...... 433 396 ...... 396

 National Highway Traffic Safety Administration ....................................................... 51 ...... 51 621 ...... 621 659 ...... 659

 Federal Railroad Administration: 

 Operating Subsidy Grants to the National Railroad 

 Passenger Corporation......................................................................................... 85 ...... 85 466 ...... 466 562 ...... 562

 Capital and Debt Service Grants to the 

 National Railroad Passenger Corporation............................................................. 73 ...... 73 869 ...... 869 840 ...... 840

 Capital Assistance for High Speed Rail Corridors 

 and Intercity Passenger Rail Service .................................................................... 6 ...... 6 340 ...... 340 231 ...... 231

 Other ..................................................................................................................... 33 ...... 33 315 (**) 315 516 4 512

 Total--Federal Railroad Administration................................................................. 196 ...... 196 1,990 (**) 1,990 2,149 4 2,145
14

Table 5. Outlays of the U.S. Government, July 2012 and Other Periods—Continued

[$ millions] 

This Month Current Fiscal Year to Date Prior Fiscal Year to Date 

Classification Gross 

Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays 

 

Department of Transportation:—Continued

 Federal Transit Administration: 

 Formula Grants...................................................................................................... 11 ...... 11 148 ...... 148 195 ...... 195

 Capital Investment Grants ..................................................................................... 195 ...... 195 1,847 ...... 1,847 1,248 ...... 1,248

 Transit Formula Grants.......................................................................................... 384 ...... 384 6,214 ...... 6,214 5,436 ...... 5,436

 Transit Capital Assistance, Recovery Act .............................................................. 71 ...... 71 922 ...... 922 1,803 ...... 1,803

 Other ..................................................................................................................... 46 ...... 46 296 ...... 296 424 ...... 424

 Total--Federal Transit Administration................................................................... 707 ...... 707 9,427 ...... 9,427 9,108 ...... 9,108

 Maritime Administration ........................................................................................... 59 2 57 282 23 260 379 34 345

 Other ....................................................................................................................... 31 6 25 289 23 267 306 23 283

 Proprietary Receipts from the Public........................................................................ ...... 6 -6 ...... 179 -179 ...... 116 -116

 Intrabudgetary Transactions: 

 Other ..................................................................................................................... (**) ...... (**) -1 ...... -1 (**) ...... (**)

 Offsetting Governmental Receipts ........................................................................... ...... 3 -3 ...... 90 -90 ...... 90 -90

 Total--Department of Transportation.................................................................. 6,647 12 6,635 61,614 452 61,162 61,397 492 60,906

Department of the Treasury: 

 Departmental Offices: 

 Exchange Stabilization Fund ................................................................................. ...... 33 -33 ...... 195 -195 (**) 254 -254

 Grants for Specified Energy Property in Lieu of Tax Credit.................................... 505 ...... 505 3,873 ...... 3,873 2,825 ...... 2,825

 Housing and Economic Recovery Programs.......................................................... ...... ...... ...... 18,668 ...... 18,668 22,113 ...... 22,113

 Troubled Asset Relief Programs ............................................................................ 249 ...... 249 29,641 ...... 29,641 23,668 ...... 23,668

 Other ..................................................................................................................... 142 ...... 142 2,083 ...... 2,083 4,598 ...... 4,598

 Financial Management Service: 

 Payment to the Resolution Funding Corporation.................................................... 652 ...... 652 2,628 ...... 2,628 2,239 ...... 2,239

 Financial Agent Services ....................................................................................... 59 ...... 59 514 ...... 514 529 ...... 529

 Interest Paid to Credit Financing Accounts ............................................................ ...... ...... ...... 2 ...... 2 (**) ...... (**)

 Claims, Judgments, and Relief Acts ...................................................................... 753 ...... 753 2,471 ...... 2,471 1,167 ...... 1,167

 Other ..................................................................................................................... 28 (**) 28 2,196 (**) 2,196 655 (**) 655

 Total--Financial Management Service.................................................................. 1,491 (**) 1,491 7,811 (**) 7,811 4,590 (**) 4,590

 Federal Financing Bank........................................................................................... -20 ...... -20 -237 ...... -237 -235 ...... -235

 Alcohol and Tobacco Tax and Trade Bureau: 

 Salaries and Expenses .......................................................................................... 7 ...... 7 86 ...... 86 85 ...... 85

 Internal Revenue Collections for Puerto Rico ........................................................ 26 ...... 26 324 ...... 324 385 ...... 385

 Bureau of Engraving and Printing ............................................................................ 6 ...... 6 1 ...... 1 32 ...... 32

 United States Mint ................................................................................................... 243 222 20 3,272 3,387 -115 4,127 4,433 -306

 Bureau of the Public Debt........................................................................................ 12 ...... 12 224 ...... 224 240 ...... 240

 Internal Revenue Service: 

 Taxpayer Services................................................................................................. 190 ...... 190 2,024 ...... 2,024 2,068 ...... 2,068

 Enforcement .......................................................................................................... 404 ...... 404 4,450 ...... 4,450 4,577 ...... 4,577

 Operations Support................................................................................................ 281 ...... 281 3,356 ...... 3,356 3,406 ...... 3,406

 Build America Bond Payments, Recovery Act ....................................................... 367 ...... 367 3,312 ...... 3,312 2,948 ...... 2,948

 Payment Where Earned Income Credit Exceeds Liability for Tax .......................... 225 ...... 225 54,700 ...... 54,700 55,439 ...... 55,439

 Payment Where Child Tax Credit Exceeds Liability for Tax ................................... 198 ...... 198 21,882 ...... 21,882 22,408 ...... 22,408

 Payment Where Tax Credits to Aid First Time Homebuyers 

 Exceeds Liability for Tax....................................................................................... -1 ...... -1 46 ...... 46 2,109 ...... 2,109

 Payment Where Making Work Pay Credit Exceeds Liability 

 for Tax, Recovery Act ........................................................................................... -3 ...... -3 266 ...... 266 13,774 ...... 13,774

 Refunding Internal Revenue Collections, Interest .................................................. 82 ...... 82 2,432 ...... 2,432 2,152 ...... 2,152

 Other ..................................................................................................................... 271 (**) 271 7,681 3 7,678 10,025 3 10,022

 Total--Internal Revenue Service .......................................................................... 2,013 (**) 2,013 100,150 3 100,147 118,905 3 118,902

 Comptroller of the Currency..................................................................................... 75 (**) 75 883 497 386 647 407 240

 Office of Thrift Supervision....................................................................................... ...... ...... ...... ...... ...... ...... 195 131 64

 Interest on the Public Debt: 

 Interest on Treasury Debt Securities (Gross): 

 Public Issues (Accrual Basis)............................................................................... 18,879 ...... 18,879 207,384 ...... 207,384 209,285 ...... 209,285

 Special Issues (Cash Basis) ................................................................................ 1-71,696 ...... -71,696 115,112 ...... 115,112 203,233 ...... 203,233

 Total--Interest on Treasury Debt Securities (Gross)........................................... -52,817 ...... -52,817 322,495 ...... 322,495 412,518 ...... 412,518

 Total--Interest on the Public Debt .................................................................... -52,817 ...... -52,817 322,495 ...... 322,495 412,518 ...... 412,518

 Other ....................................................................................................................... 9 ...... 9 84 ...... 84 85 ...... 85

 Proprietary Receipts from the Public........................................................................ ...... 82 -82 ...... 28,451 -28,451 ...... 75,565 -75,565

 Intrabudgetary Transactions .................................................................................... -476 ...... -476 -2,294 ...... -2,294 -2,705 ...... -2,705

 Total--Department of the Treasury ..................................................................... -48,533 338 -48,871 487,063 32,532 454,531 592,071 80,793 511,278
15

Table 5. Outlays of the U.S. Government, July 2012 and Other Periods—Continued

[$ millions] 

This Month Current Fiscal Year to Date Prior Fiscal Year to Date 

Classification Gross 

Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays 

 

Department of Veterans Affairs: 

 Joint DOD-VA Medical Facility Demonstration Fund................................................ 27 ...... 27 275 ...... 275 11 ...... 11

 Veterans Health Administration: 

 Medical Services.................................................................................................... 3,185 ...... 3,185 32,962 ...... 32,962 32,843 ...... 32,843

 Medical Support and Compliance .......................................................................... 398 ...... 398 4,113 ...... 4,113 4,274 ...... 4,274

 Medical Facilities ................................................................................................... 412 ...... 412 4,355 ...... 4,355 4,110 ...... 4,110

 Other ..................................................................................................................... 91 29 62 888 326 562 868 321 547

 Benefit Programs: 

 Public Enterprise Funds: 

 Housing Accounts................................................................................................ (**) 1 -1 4 11 -7 6 13 -8

 Other.................................................................................................................... 87 79 7 1,018 989 29 997 981 16

 Compensation and Pensions ................................................................................. 711 ...... 711 44,328 ...... 44,328 44,055 ...... 44,055

 Readjustment Benefits........................................................................................... 490 ...... 490 8,642 ...... 8,642 8,585 ...... 8,585

 Veterans Housing Benefit Program Fund............................................................... 4 ...... 4 1,654 ...... 1,654 1,504 ...... 1,504

 Insurance Funds: 

 National Service Life............................................................................................ 84 ...... 84 888 ...... 888 938 ...... 938

 Veterans Special Life........................................................................................... 12 2 10 131 132 (**) 126 138 -12

 Other ..................................................................................................................... 14 ...... 14 70 ...... 70 75 ...... 75

 Total--Benefit Programs....................................................................................... 1,402 82 1,319 56,738 1,131 55,606 56,286 1,132 55,154

 Departmental Administration: 

 Construction .......................................................................................................... 112 ...... 112 1,056 ...... 1,056 1,259 ...... 1,259

 Information Technology Systems........................................................................... 250 ...... 250 2,772 ...... 2,772 2,767 ...... 2,767

 General Operating Expenses................................................................................. 136 ...... 136 1,716 (**) 1,716 2,112 (**) 2,112

 Other ..................................................................................................................... 83 ...... 83 987 1 986 424 ...... 424

 Proprietary Receipts from the Public: 

 National Service Life.............................................................................................. ...... 4 -4 ...... 66 -66 ...... 79 -79

 Other ..................................................................................................................... ...... 273 -273 ...... 2,821 -2,821 ...... 2,634 -2,634

 Intrabudgetary Transactions .................................................................................... -60 ...... -60 -70 ...... -70 -2 ...... -2

 Total--Department of Veterans Affairs ............................................................... 6,034 388 5,646 105,793 4,345 101,448 104,952 4,166 100,787

Corps of Engineers: 

 Construction ............................................................................................................ 192 ...... 192 2,143 ...... 2,143 3,329 ...... 3,329

 Operation and Maintenance..................................................................................... 202 ...... 202 1,667 ...... 1,667 2,757 ...... 2,757

 Flood Control and Coastal Emergencies ................................................................. 100 ...... 100 1,033 ...... 1,033 1,633 ...... 1,633

 Harbor Maintenance Trust Fund .............................................................................. 84 ...... 84 709 ...... 709 ...... ...... ......

 Rivers and Harbors Contributed Funds.................................................................... 46 ...... 46 415 ...... 415 331 ...... 331

 Other ....................................................................................................................... 44 ...... 44 1,076 ...... 1,076 1,245 ...... 1,245

 Proprietary Receipts from the Public........................................................................ ...... 38 -38 ...... 427 -427 ...... 473 -473

 Intrabudgetary Transactions .................................................................................... (**) ...... (**) (**) ...... (**) 1 ...... 1

 Total--Corps of Engineers................................................................................... 669 38 631 7,043 427 6,616 9,297 473 8,824

Other Defense Civil Programs: 

 Military Retirement: 

 Payment to Military Retirement Fund..................................................................... ...... ...... ...... 64,751 ...... 64,751 61,404 ...... 61,404

 Military Retirement Fund........................................................................................ 389 ...... 389 39,955 ...... 39,955 42,461 ...... 42,461

 Retiree Health Care: 

 Payment to Department of Defense 

 Medicare-Eligible Retiree Health Care Fund......................................................... ...... ...... ...... 6,716 ...... 6,716 9,785 ...... 9,785

 Department of Defense Medicare-Eligible 

 Retiree Health Care Fund..................................................................................... 896 ...... 896 7,507 ...... 7,507 7,233 ...... 7,233

 Educational Benefits................................................................................................ 20 ...... 20 328 ...... 328 349 ...... 349

 Other ....................................................................................................................... 24 ...... 24 210 ...... 210 177 ...... 177

 Proprietary Receipts from the Public........................................................................ ...... 1 -1 ...... 14 -14 ...... 10 -10

 Intrabudgetary Transactions .................................................................................... 125,471 ...... 25,471 -52,307 ...... -52,307 -80,134 ...... -80,134

 Total--Other Defense Civil Programs ................................................................. 26,799 1 26,798 67,160 14 67,146 41,275 10 41,265

Environmental Protection Agency: 

 Science and Technology.......................................................................................... 65 ...... 65 680 ...... 680 705 ...... 705

 Environmental Programs and Management............................................................. 202 ...... 202 2,239 ...... 2,239 2,251 ...... 2,251

 State and Tribal Assistance Grants.......................................................................... 429 ...... 429 4,257 ...... 4,257 4,752 ...... 4,752

 Payment to the Hazardous Substance Superfund ................................................... ...... ...... ...... 1,075 ...... 1,075 1,156 ...... 1,156

 Hazardous Substance Superfund ............................................................................ 113 ...... 113 1,146 ...... 1,146 1,107 ...... 1,107

 Other ....................................................................................................................... 23 (**) 23 214 22 192 285 23 262

 Proprietary Receipts from the Public........................................................................ ...... 2 -2 ...... 31 -31 ...... 53 -53

 Intrabudgetary Transactions .................................................................................... 43 ...... 43 -1,014 ...... -1,014 -1,130 ...... -1,130

 Offsetting Governmental Receipts ........................................................................... ...... 1 -1 ...... 21 -21 ...... 26 -26

 Total--Environmental Protection Agency........................................................... 877 3 874 8,597 74 8,523 9,124 102 9,022

Executive Office of the President: 

 The White House..................................................................................................... 4 ...... 4 48 ...... 48 48 ...... 48

 Office of Management and Budget .......................................................................... 7 ...... 7 74 ...... 74 77 ...... 77

 Unanticipated Needs ............................................................................................... (**) ...... (**) 14 ...... 14 73 ...... 73

 Other ....................................................................................................................... 18 ...... 18 191 ...... 191 202 ...... 202

 Proprietary Receipts from the Public........................................................................ ...... (**) (**) ...... 1 -1 ...... (**) (**)

 Intrabudgetary Transactions .................................................................................... ...... ...... ...... (**) ...... (**) (**) ...... (**)

 Total--Executive Office of the President ............................................................ 30 (**) 30 327 1 327 400 (**) 400
16

Table 5. Outlays of the U.S. Government, July 2012 and Other Periods—Continued

[$ millions] 

This Month Current Fiscal Year to Date Prior Fiscal Year to Date 

Classification Gross 

Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays 

 

General Services Administration: 

 Real Property Activities............................................................................................ 138 ...... 138 1,263 ...... 1,263 1,348 ...... 1,348

 Supply and Technology Activities ............................................................................ 7 ...... 7 -54 ...... -54 -71 ...... -71

 General Activities..................................................................................................... 12 ...... 12 197 ...... 197 234 ...... 234

 Proprietary Receipts from the Public........................................................................ ...... 8 -8 ...... 222 -222 ...... 73 -73

 Intrabudgetary Transactions .................................................................................... -1 ...... -1 -8 ...... -8 -9 ...... -9

 Total--General Services Administration............................................................. 156 8 148 1,399 222 1,177 1,502 73 1,429

International Assistance Programs: 

 Millennium Challenge Corporation........................................................................... 99 ...... 99 1,228 ...... 1,228 1,273 ...... 1,273

 International Security Assistance: 

 Foreign Military Financing Program....................................................................... 34 ...... 34 4,958 ...... 4,958 5,159 ...... 5,159

 Economic Support Fund ........................................................................................ 300 ...... 300 4,346 ...... 4,346 4,844 ...... 4,844

 Other ..................................................................................................................... 73 18 54 1,014 111 903 916 117 799

 Total--International Security Assistance............................................................... 407 18 389 10,318 111 10,207 10,919 117 10,802

 Multilateral Assistance: 

 Contribution to the International Development 

 Association ........................................................................................................... ...... ...... ...... 1,492 ...... 1,492 1,353 ...... 1,353

 Other ..................................................................................................................... 254 ...... 254 1,789 ...... 1,789 1,290 ...... 1,290

 Total--Multilateral Assistance............................................................................... 254 ...... 254 3,281 ...... 3,281 2,642 ...... 2,642

 Agency for International Development: 

 Development Assistance Program......................................................................... 150 ...... 150 1,344 ...... 1,344 1,205 ...... 1,205

 Assistance for Europe, Eurasia and Central Asia................................................... 65 ...... 65 453 ...... 453 370 ...... 370

 International Disaster Assistance........................................................................... 144 ...... 144 845 ...... 845 1,085 ...... 1,085

 Operating Expenses .............................................................................................. 102 ...... 102 1,049 ...... 1,049 965 ...... 965

 Other ..................................................................................................................... 84 91 -7 542 362 180 395 406 -11

 Proprietary Receipts from the Public...................................................................... ...... (**) (**) ...... 54 -54 ...... 124 -124

 Intrabudgetary Transactions .................................................................................. -4 ...... -4 -44 ...... -44 122 ...... 122

 Total--Agency for International Development....................................................... 541 91 450 4,190 416 3,773 4,142 530 3,612

 Overseas Private Investment Corporation: 

 Overseas Private Investment Corporation Accounts.............................................. 5 15 -10 60 172 -113 67 155 -89

 Proprietary Receipts from the Public...................................................................... ...... 2 -2 ...... 69 -69 ...... 29 -29

 Total--Overseas Private Investment Corporation ................................................. 5 17 -13 60 242 -182 67 184 -118

 Peace Corps............................................................................................................ 27 (**) 27 305 (**) 304 333 1 333

 International Monetary Programs............................................................................. 141 ...... 141 817 ...... 817 -417 ...... -417

 Military Sales Programs: 

 Foreign Military Sales Trust Fund .......................................................................... 2,243 ...... 2,243 21,373 ...... 21,373 18,229 ...... 18,229

 Other ..................................................................................................................... 2 ...... 2 2 100 -98 (**) ...... (**)

 Proprietary Receipts from the Public...................................................................... ...... 2,229 -2,229 ...... 21,043 -21,043 ...... 20,040 -20,040

 Other ....................................................................................................................... 9 (**) 9 91 1 90 114 1 113

 Total--International Assistance Programs ......................................................... 3,728 2,357 1,372 41,664 21,913 19,751 37,302 20,873 16,429

National Aeronautics and Space Administration: 

 Science.................................................................................................................... 407 ...... 407 3,892 ...... 3,892 3,912 ...... 3,912

 Aeronautics.............................................................................................................. 44 ...... 44 485 ...... 485 489 ...... 489

 Exploration............................................................................................................... 333 ...... 333 2,906 ...... 2,906 2,802 ...... 2,802

 Cross Agency Support............................................................................................. 220 ...... 220 2,426 ...... 2,426 2,549 ...... 2,549

 Space Operations.................................................................................................... 893 ...... 893 3,776 ...... 3,776 4,233 ...... 4,233

 Other ....................................................................................................................... 97 ...... 97 565 ...... 565 504 ...... 504

 Proprietary Receipts from the Public........................................................................ ...... (**) (**) ...... 2 -2 ...... 7 -7

 Intrabudgetary Transactions .................................................................................... (**) ...... (**) 6 ...... 6 (**) ...... (**)

 Total--National Aeronautics and Space Administration ................................... 1,995 (**) 1,995 14,055 2 14,053 14,488 7 14,481

National Science Foundation: 

 Research and Related Activities .............................................................................. 599 ...... 599 4,570 ...... 4,570 4,631 ...... 4,631

 Education and Human Resources ........................................................................... 70 ...... 70 766 ...... 766 664 ...... 664

 Other ....................................................................................................................... 35 ...... 35 521 ...... 521 434 ...... 434

 Proprietary Receipts from the Public........................................................................ ...... 5 -5 ...... 48 -48 ...... 40 -40

 Total--National Science Foundation................................................................... 703 5 698 5,858 48 5,810 5,728 40 5,689

Office of Personnel Management: 

 Government Payment for Annuitants, Employees 

 Health and Life Insurance Benefits ......................................................................... 938 ...... 938 8,959 ...... 8,959 8,445 ...... 8,445

 Civil Service Retirement and Disability Fund ........................................................... 6,387 ...... 6,387 61,566 ...... 61,566 58,785 ...... 58,785

 Employees Life Insurance Fund .............................................................................. 198 236 -38 2,200 3,560 -1,360 2,126 3,642 -1,516

 Employees and Retired Employees Health Benefits Fund....................................... 3,375 3,606 -230 35,224 36,904 -1,681 33,382 35,907 -2,525

 Other ....................................................................................................................... 27 ...... 27 34 ...... 34 15 ...... 15

 Proprietary Receipts from the Public........................................................................ ...... 1 -1 ...... 16 -16 ...... 5 -5

 Intrabudgetary Transactions: 

 Postal Service Contributions.................................................................................. ...... ...... ...... -1,640 ...... -1,640 -1,592 ...... -1,592

 Civil Service Retirement and Disability Fund: 

 Other.................................................................................................................... -4 ...... -4 -42 ...... -42 -41 ...... -41

 Total--Office of Personnel Management ............................................................ 10,921 3,842 7,078 106,301 40,480 65,821 101,119 39,553 61,565
17

Table 5. Outlays of the U.S. Government, July 2012 and Other Periods—Continued

[$ millions] 

This Month Current Fiscal Year to Date Prior Fiscal Year to Date 

Classification Gross 

Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays 

 

Small Business Administration: 

 Salaries and Expenses ............................................................................................ 69 ...... 69 395 ...... 395 314 (**) 314

 Business Loans Program......................................................................................... 16 (**) 16 2,833 17 2,816 5,323 6 5,317

 Disaster Loans Program .......................................................................................... 3 (**) 3 379 2 378 463 2 461

 Other ....................................................................................................................... 3 1 2 29 8 21 21 8 14

 Proprietary Receipts from the Public........................................................................ ...... (**) (**) ...... 868 -868 ...... 153 -153

 Intrabudgetary Transactions .................................................................................... ...... ...... ...... (**) ...... (**) (**) ...... (**)

 Total--Small Business Administration ............................................................... 91 2 89 3,637 895 2,741 6,121 169 5,952

Social Security Administration: 

 Payments to Social Security Trust Funds ................................................................ 15,067 ...... 15,067 121,231 ...... 121,231 84,282 ...... 84,282

 Supplemental Security Income Program.................................................................. 560 ...... 560 41,282 ...... 41,282 43,285 ...... 43,285

 Federal Old-Age and Survivors Insurance Trust Fund 

 (Off-Budget): 

 Benefit Payments................................................................................................... 53,144 ...... 53,144 520,409 ...... 520,409 491,756 ...... 491,756

 Administrative Expenses........................................................................................ 249 ...... 249 2,776 ...... 2,776 3,172 ...... 3,172

 Payment to Railroad Retirement Account .............................................................. ...... ...... ...... 4,139 ...... 4,139 4,110 ...... 4,110

 Other ..................................................................................................................... ...... ...... ...... ...... ...... ...... 113 ...... 113

 Total--FOASI Trust Fund ..................................................................................... 53,392 ...... 53,392 527,324 ...... 527,324 499,150 ...... 499,150

 Federal Disability Insurance Trust Fund 

 (Off-Budget): 

 Benefit Payments................................................................................................... 11,442 ...... 11,442 112,238 ...... 112,238 106,500 ...... 106,500

 Administrative Expenses........................................................................................ 246 ...... 246 2,344 ...... 2,344 2,431 ...... 2,431

 Payment to Railroad Retirement Account .............................................................. ...... ...... ...... 512 ...... 512 465 ...... 465

 Other ..................................................................................................................... ...... ...... ...... ...... ...... ...... 3 ...... 3

 Total--FDI Trust Fund .......................................................................................... 11,688 ...... 11,688 115,094 ...... 115,094 109,398 ...... 109,398

 Other ....................................................................................................................... 16 ...... 16 184 ...... 184 197 ...... 197

 Proprietary Receipts from the Public: 

 On-Budget ............................................................................................................. ...... 266 -266 ...... 2,386 -2,386 ...... 2,497 -2,497

 Off-Budget ............................................................................................................. ...... 8 -8 ...... 99 -99 ...... 89 -89

 Intrabudgetary Transactions: 

 Quinquennial Adjustment for Military Service Credits from FOASI and FDI ......... ...... ...... ...... ...... ...... ...... -116 ...... -116

 Off-Budget2 ............................................................................................................ -15,067 ...... -15,067 -121,229 ...... -121,229 -84,281 ...... -84,281

 Total--Social Security Administration .............................................................. 65,657 274 65,384 683,886 2,485 681,401 651,917 2,586 649,331

Other Independent Agencies: 

 Broadcasting Board of Governors............................................................................ 76 1 75 595 (**) 595 622 -2 624

 Bureau of Consumer Financial Protection................................................................ 20 ...... 20 191 (**) 191 51 ...... 51

 Corporation for National and Community Service .................................................... 82 (**) 82 812 1 811 861 1 861

 Corporation for Public Broadcasting ........................................................................ ...... ...... ...... 444 ...... 444 430 ...... 430

 District of Columbia: 

 Courts.................................................................................................................... 27 ...... 27 269 ...... 269 264 ...... 264

 General and Special Payments.............................................................................. 46 ...... 46 499 (**) 499 518 1 517

 Equal Employment Opportunity Commission........................................................... 28 1 27 293 3 290 315 3 313

 Export-Import Bank of the United States.................................................................. -140 63 -203 88 796 -707 260 816 -556

 Federal Communications Commission: 

 Universal Service Fund.......................................................................................... 817 ...... 817 7,704 ...... 7,704 7,312 ...... 7,312

 Spectrum Auction Program Account ...................................................................... (**) ...... (**) 20 ...... 20 41 ...... 41

 Other ..................................................................................................................... 41 2 39 269 23 246 258 30 228

 Federal Deposit Insurance Corporation: 

 Deposit Insurance Fund......................................................................................... -51 74 -125 4,566 427 4,138 159 25 134

 FSLIC Resolution Fund.......................................................................................... (**) 19 -19 55 76 -21 31 27 4

 Total--Federal Deposit Insurance Corporation ..................................................... -51 93 -144 4,621 503 4,117 191 52 138

 Federal Drug Control Programs............................................................................... 31 ...... 31 326 ...... 326 235 ...... 235

 Federal Housing Finance Agency............................................................................ 18 ...... 18 189 ...... 189 130 ...... 130

 Intelligence Community Management Account........................................................ 54 ...... 54 539 ...... 539 533 ...... 533

 Legal Services Corporation...................................................................................... 31 ...... 31 295 ...... 295 341 ...... 341

 National Archives and Records Administration ........................................................ 40 3 38 339 23 316 395 17 379

 National Credit Union Administration ....................................................................... 92 40 52 3,089 1,049 2,040 11,633 23,116 -11,483

 National Endowment for the Arts ............................................................................. 17 (**) 17 132 1 132 141 1 140

 National Endowment for the Humanities.................................................................. 14 (**) 14 126 1 124 123 1 121

 Institute of Museum and Library Services ................................................................ 15 (**) 15 204 1 204 217 (**) 217

 National Labor Relations Board ............................................................................... 22 (**) 22 223 (**) 223 238 (**) 238

 Nuclear Regulatory Commission.............................................................................. 84 3 81 869 655 215 886 696 190

 Postal Service: 

 Off-Budget: 

 Public Enterprise Funds....................................................................................... 5,162 5,190 -28 57,396 57,442 -46 57,047 56,541 506

 Other.................................................................................................................... ...... ...... ...... 256 ...... 256 259 ...... 259

 Other ..................................................................................................................... ...... ...... ...... 74 ...... 74 101 ...... 101
18

Table 5. Outlays of the U.S. Government, July 2012 and Other Periods—Continued

[$ millions] 

This Month Current Fiscal Year to Date Prior Fiscal Year to Date 

Classification Gross 

Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays 

 

Other Independent Agencies:—Continued 

 Railroad Retirement Board: 

 Federal Windfall Subsidy ....................................................................................... 4 ...... 4 41 ...... 41 46 ...... 46

 Federal Payments to the Railroad Retirement Accounts........................................ 87 ...... 87 705 ...... 705 644 ...... 644

 Railroad Unemployment Insurance Trust Fund: 

 Benefit Payments................................................................................................. 5 ...... 5 66 ...... 66 76 ...... 76

 Transfer to Administrative Funds ......................................................................... 1 ...... 1 13 ...... 13 12 ...... 12

 Other.................................................................................................................... ...... ...... ...... ...... ...... ...... 2 ...... 2

 Rail Industry Pension Fund: 

 Benefit Payments................................................................................................. 400 ...... 400 3,969 ...... 3,969 3,734 ...... 3,734

 Advances from FOASDI Fund.............................................................................. -118 ...... -118 -1,165 ...... -1,165 -1,140 ...... -1,140

 OASDI Certifications............................................................................................ 118 ...... 118 1,165 ...... 1,165 1,140 ...... 1,140

 Transfer to Administrative Funds ......................................................................... 7 ...... 7 56 ...... 56 59 ...... 59

 Other.................................................................................................................... (**) ...... (**) 1 ...... 1 (**) ...... (**)

 National Railroad Retirement Investment Trust: 

 Administrative Expenses...................................................................................... 13 ...... 13 62 ...... 62 66 ...... 66

 Transfers to the Railroad Retirement Trust Funds from 

 the National Railroad Retirement Investment Trust............................................. 184 ...... 184 1,646 ...... 1,646 1,448 ...... 1,448

 Railroad Social Security Equivalent Benefit Account: 

 Benefit Payments................................................................................................. 549 ...... 549 5,539 ...... 5,539 5,462 ...... 5,462

 Transfer to Administrative Funds ......................................................................... 3 ...... 3 25 ...... 25 25 ...... 25

 Other ..................................................................................................................... -3 ...... -3 4 ...... 4 11 ...... 11

 Proprietary Receipts from the Public...................................................................... ...... 641 -641 ...... 811 -811 ...... 4,293 -4,293

 Intrabudgetary Transactions: 

 Payments from Other Funds to the Railroad Retirement Trust Funds.................. ...... ...... ...... -4,651 ...... -4,651 -4,574 ...... -4,574

 Other.................................................................................................................... -271 ...... -271 -2,351 ...... -2,351 -2,094 ...... -2,094

 Total--Railroad Retirement Board ...................................................................... 979 641 338 5,125 811 4,314 4,916 4,293 624

 Securities and Exchange Commission..................................................................... 96 (**) 96 510 (**) 510 289 (**) 289

 Smithsonian Institution............................................................................................. 81 (**) 81 818 (**) 818 775 (**) 775

 Tennessee Valley Authority ..................................................................................... 3,200 3,251 -51 36,394 36,105 290 29,259 27,639 1,620

 Other ....................................................................................................................... 143 35 108 2,626 315 2,312 2,159 350 1,809

 Total--Other Independent Agencies ................................................................... 11,027 9,322 1,704 125,338 97,727 27,611 120,802 113,555 7,247

Undistributed Offsetting Receipts: 

 Other Interest........................................................................................................... ...... (**) (**) ...... (**) (**) ...... ...... ......

 Employer Share, Employee Retirement: 

 Department of Health and Human Services: 

 Federal Hospital Insurance Trust Fund: 

 Federal Employer Contributions......................................................................... -296 ...... -296 -2,918 ...... -2,918 -2,794 ...... -2,794

 Postal Service Employer Contributions.............................................................. -48 ...... -48 -486 ...... -486 -542 ...... -542

 Department of State: 

 Foreign Service Retirement and Disability Fund .................................................. -24 ...... -24 -267 ...... -267 -256 ...... -256

 Other Defense Civil Programs: 

 Military Retirement Fund...................................................................................... -1,852 ...... -1,852 -23,761 ...... -23,761 -22,227 ...... -22,227

 Department of Defense Medicare-Eligible 

 Retiree Health Care Fund ................................................................................... ...... ...... ...... -11,145 ...... -11,145 -11,315 ...... -11,315

 Office of Personnel Management: 

 Civil Service Retirement and Disability Fund ....................................................... -1,877 ...... -1,877 -21,047 ...... -21,047 -19,579 ...... -19,579

 Social Security Administration (Off-Budget): 

 Federal Old-Age and Survivors Insurance Trust Fund: 

 Federal Employer Contributions......................................................................... -1,146 ...... -1,146 -11,040 ...... -11,040 -10,653 ...... -10,653

 Federal Disability Insurance Trust Fund: 

 Federal Employer Contributions......................................................................... -196 ...... -196 -1,873 ...... -1,873 -1,808 ...... -1,808

 Other ..................................................................................................................... (**) ...... (**) -2 ...... -2 (**) ...... (**)

 Total--Employer Share, Employee Retirement..................................................... -5,439 ...... -5,439 -72,538 ...... -72,538 -69,175 ...... -69,175
19

Table 5. Outlays of the U.S. Government, July 2012 and Other Periods—Continued

[$ millions] 

This Month Current Fiscal Year to Date Prior Fiscal Year to Date 

Classification Gross 

Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays Gross Outlays 

Applicable 

Receipts Outlays 

 

Undistributed Offsetting Receipts:—Continued

 Interest Received by Trust Funds: 

 Judicial Branch: 

 Judicial Survivors Annuity Fund........................................................................... -1 ...... -1 -7 ...... -7 -10 ...... -10

 Department of Health and Human Services: 

 Federal Hospital Insurance Trust Fund................................................................ -7 ...... -7 -11,214 ...... -11,214 -12,810 ...... -12,810

 Federal Supplementary Medical Insurance Trust Fund........................................ -5 ...... -5 -2,925 ...... -2,925 -3,162 ...... -3,162

 Department of Homeland Security: 

 Oil Spill Liability Trust Fund ................................................................................. 13 ...... 13 -11 ...... -11 -21 ...... -21

 Other.................................................................................................................... 1 ...... 1 -10 ...... -10 6 ...... 6

 Department of Labor: 

 Unemployment Trust Fund .................................................................................. -13 ...... -13 -459 ...... -459 -682 ...... -682

 Department of State: 

 Foreign Service Retirement and Disability Fund .................................................. (**) ...... (**) -726 ...... -726 -749 ...... -749

 Department of Transportation: 

 Airport and Airway Trust Fund ............................................................................. -1 ...... -1 -216 ...... -216 -178 ...... -178

 Department of Veterans Affairs: 

 National Service Life Insurance Fund .................................................................. (**) ...... (**) -364 ...... -364 -415 ...... -415

 United States Government Life Insurance Fund .................................................. (**) ...... (**) -1 ...... -1 -1 ...... -1

 Corps of Engineers ................................................................................................ (**) ...... (**) -12 ...... -12 -118 ...... -118

 Other Defense Civil Programs: 

 Military Retirement Fund...................................................................................... 147,810 ...... 47,810 36,042 ...... 36,042 -17,022 ...... -17,022

 Educational Benefits Fund................................................................................... 1156 ...... 156 108 ...... 108 -71 ...... -71

 Armed Forces Retirement Home ......................................................................... (**) ...... (**) -5 ...... -5 -6 ...... -6

 Environmental Protection Agency .......................................................................... (**) ...... (**) -42 ...... -42 -88 ...... -88

 Office of Personnel Management: 

 Civil Service Retirement and Disability Fund ....................................................... -1 ...... -1 -34,604 ...... -34,604 -35,375 ...... -35,375

 Social Security Administration (Off-Budget): 

 Federal Old-Age and Survivors Insurance Trust Fund ......................................... -9 ...... -9 -105,144 ...... -105,144 -107,331 ...... -107,331

 Federal Disability Insurance Trust Fund............................................................... -2 ...... -2 -7,105 ...... -7,105 -8,516 ...... -8,516

 Independent Agencies: 

 Railroad Retirement Board .................................................................................. -2 ...... -2 -27 ...... -27 -45 ...... -45

 Other.................................................................................................................... -1 ...... -1 -13 ...... -13 -16 ...... -16

 Other ..................................................................................................................... -10 ...... -10 -62 ...... -62 -130 ...... -130

 Total--Interest Received by Trust Funds.............................................................. 47,928 ...... 47,928 -126,794 ...... -126,794 -186,739 ...... -186,739

 Rents and Royalties on the Outer Continental Shelf Lands ..................................... ...... 1,076 -1,076 ...... 5,725 -5,725 ...... 4,752 -4,752

 Sale of Major Assets................................................................................................ ...... ...... ...... ...... 3,996 -3,996 ...... 108 -108

 Total--Undistributed Offsetting Receipts ........................................................... 42,489 1,076 41,413 -199,333 9,722 -209,054 -255,914 4,860 -260,774

 Total Outlays.......................................................................................................... 283,100 28,910 254,190 3,344,494 361,987 2,982,507 3,414,060 421,062 2,992,998

 Total On-Budget................................................................................................... 229,277 23,712 205,566 2,890,816 304,447 2,586,370 2,960,794 364,432 2,596,362

 Total Off-Budget .................................................................................................. 53,822 5,198 48,624 453,678 57,540 396,137 453,266 56,630 396,636

 Total Surplus (+) or Deficit (-) ............................................................................... -69,604 -973,840 -1,099,902

 Total On-Budget................................................................................................... -64,163 -1,055,049 -1,178,460

 Total Off-Budget .................................................................................................. -5,441 +81,209 +78,558

MEMORANDUM 

 Receipts Offset Against Outlays (In Millions) 

Current 

Fiscal Year 

to Date 

Comparable 

Period Prior 

Fiscal Year 

 Proprietary Receipts...................................................................... 185,808 231,072 

 Intrabudgetary Transactions.......................................................... 628,074 686,967 

 Governmental Receipts................................................................. 6,952 6,120 

 Total Receipts Offset Against Outlays ...................................... 820,834 924,159 

1Interest on the public debt special issues decreased outlays by $75,146 million due to a 

change in accounting method for Defense Civil Programs from an accrual based method to 

a cash based method. This is offset by a decrease in undistributed offsetting interest 

receipts of $49,094 million for the Military Retirement Fund, $163 million for the Educational 

Benefits Fund and $25,889 million in offsetting receipts for the DOD Medicare-Eligible 

Retiree Health Care Fund. 

2Includes FICA and SECA tax credits, non-contributory military service credits, special 

benefits for the aged, and credit for the unnegotiated OASI benefit checks. 

... No Transactions 

(**) Less than $500,000 

Note: Details may not add to totals due to rounding. 
20

Table 6. Means of Financing the Deficit or Disposition of Surplus by the U.S. Government, July 2012 and Other Periods 

[$ millions] 

Net Transactions 

(-) denotes net reduction of either 

liability or asset accounts 

Account Balances 

Current Fiscal Year 

Fiscal Year to Date Beginning of 

Assets and Liabilities 

 Directly Related to 

 Budget Off-Budget Activity This Month This Year Prior Year This Year This Month 

Close of 

This Month 

 

Liability Accounts: 

 Borrowing from the Public: 

 Treasury Securities, Issued Under General 

 Financing Authorities: 

 Debt Held by the Public .................................................................................................... 78,097 995,250 732,987 10,127,031 11,044,185 11,122,282

 Intragovernmental Holdings .............................................................................................. 101 147,644 47,759 4,663,309 4,810,852 4,810,953

 Total Treasury Securities Outstanding............................................................................ 78,197 1,142,894 780,746 14,790,340 15,855,037 15,933,235

 Plus Premium on Treasury Securities........................................................................... 2,633 10,456 4,229 20,743 28,566 31,199

 Less Discount on Treasury Securities........................................................................... 11,095 1,260 862 73,848 74,013 75,108

 Total Treasury Securities Net of 

 Premium and Discount............................................................................................... 79,736 1,152,090 784,113 14,737,235 15,809,590 15,889,326

 Agency Securities, Issued Under Special Financing 

 Authorities (See Schedule B. for Other Agency 

 Borrowing, See Schedule C)............................................................................................. -27 -541 1,546 24,988 24,474 24,447

 Total Federal Securities.................................................................................................... 79,709 1,151,550 785,659 14,762,223 15,834,064 15,913,773

 Deduct: 

 Federal Securities Held As Investments 

 of Government Accounts (See Schedule D) ................................................................ -223 148,295 47,734 4,658,307 4,806,826 4,806,602

 Less Discount on Federal Securities Held as 

 Investments of Government Accounts ....................................................................... 1970 125 -1,251 23,688 22,843 23,813

 Net Federal Securities Held as Investments 

 of Government Accounts.......................................................................................... -1,193 148,170 48,986 4,634,619 4,783,983 4,782,789

 Total Borrowing from the Public .............................................................................. 80,903 1,003,380 736,674 10,127,604 11,050,081 11,130,983

 Accrued Interest Payable to the Public ................................................................................. -62 9,980 19,959 51,527 61,569 61,507

 Allocations of Special Drawing Rights................................................................................... -326 -1,882 1,512 55,150 53,593 53,268

 Deposit Funds ...................................................................................................................... -750 2,597 131,618 12,167 15,514 14,764

 Miscellaneous Liability Accounts (Includes Checks 

 Outstanding Etc.)................................................................................................................. 1-2,349 -1,867 259 10,941 11,422 9,073

 Total Liability Accounts .................................................................................................. 77,416 1,012,207 890,021 10,257,388 11,192,179 11,269,595

Asset Accounts (Deduct) 

 Cash and Monetary Assets: 

 U.S. Treasury Operating Cash:2 

 Federal Reserve Account ................................................................................................. -935 34,200 -42,716 56,284 91,419 90,485

 Supplementary Financing Program Account..................................................................... ...... ...... -199,962 ...... ...... ......

 Tax and Loan Note Accounts............................................................................................ ...... -1,805 20 1,805 ...... ......

 Balance........................................................................................................................... -935 32,395 -242,657 58,090 91,419 90,485

 Special Drawing Rights: 

 Total Holdings................................................................................................................... -330 -1,865 -228 55,875 54,341 54,010

 SDR Certificates Issued to Federal Reserve Banks.......................................................... ...... ...... ...... -5,200 -5,200 -5,200

 Balance........................................................................................................................... -330 -1,865 -228 50,675 49,141 48,810

 Reserve Position on the U.S. Quota in the IMF: 

 U.S. Subscription to International Monetary Fund: 

 Direct Quota Payments................................................................................................... ...... ...... 7,899 54,424 54,424 54,424

 Maintenance of Value Adjustments................................................................................. -388 -2,245 1,644 11,356 9,499 9,111

 Letter of Credit Issued to IMF ........................................................................................... 315 1,568 1,748 -44,675 -43,422 -43,107

 Dollar Deposits with the IMF ............................................................................................. -1 -20 -21 -153 -172 -173

 Receivable/payable (-) for Interim Maintenance 

 of Value Adjustments....................................................................................................... 247 1,447 -1,181 1,705 2,905 3,152

 Balance........................................................................................................................... 173 750 10,089 22,657 23,234 23,407

 Loans to International Monetary Fund ................................................................................ ...... 4,781 3,803 6,230 11,011 11,011

 Other Cash and Monetary Assets....................................................................................... -24 -220 535 25,501 25,305 25,281

 Total Cash and Monetary Assets...................................................................................... -1,115 35,842 -228,459 163,153 200,110 198,994

 Non-Federal Securities of the National Railroad 

 Retirement Investment Trust................................................................................................ 608 -784 3,285 22,946 21,554 22,162

 Net Activity, Guaranteed Loan Financing (See Schedule E)................................................. 1,225 18,947 8,840 -22,110 -4,388 -3,164

 Net Activity, Direct Loan Financing (See Schedule E) .......................................................... 5,997 -16,829 5,578 792,423 769,597 775,594

 Miscellaneous Asset Accounts ............................................................................................. 1,097 1,192 876 -332 -237 860

 Total Asset Accounts ...................................................................................................... 7,812 38,367 -209,881 956,080 986,635 994,447

Excess of Liabilities (+) or Assets (-) .................................................................................. 69,604 973,840 1,099,902 9,301,308 10,205,544 10,275,148

Transactions Not Applied to Current Year's Surplus 

 or Deficit (See Schedule A for Details)................................................................................... ...... ...... (**) ...... ...... ......

Total Budget and Off-Budget Federal Entities 

 (Financing of Deficit (+) or Disposition Of Surplus (-)) ..................................................... 69,604 973,840 1,099,902 9,301,308 10,205,544 10,275,148

1A change in accounting method for Defense Civil Programs from an accrual based method 

to a cash based method resulted in a one-time adjustment to reclassify $1,131 million in 

Miscellaneous Liability Accounts (Includes Checks Outstanding Etc.) to Less Discount on 

Treasury Securities and Federal Securities Held as Investments of Government Accounts. 2Major sources of information used to determine Treasury’s operating cash balance include 

Federal Reserve Banks, the Treasury Regional Finance Centers, the Internal Revenue 

Service Centers, the Bureau of the Public Debt and various electronic systems. Deposits 

are reflected as received and withdrawals are reflected as processed. 

... No Transactions 

Note: Details may not add to totals due to rounding. 

(**) Less than $500,000 
21

Table 6. Schedule A-Analysis of Change in Excess of Liabilities of the U.S. Government, July 2012 and Other Periods 

[$ millions] 

Fiscal Year to Date Classification This Month This Year Prior Year 

 

Excess of Liabilities Beginning of Period: 

 Based on Composition of Unified Budget in 

 Preceding Period ................................................................................................................. 10,205,544 9,302,250 8,003,515 

 Adjustments During Current Fiscal Year for 

 Changes in Composition of Unified Budget: 

 Revisions by Federal Agencies to the Prior Budget Results ............................................. (**) -942 998 

Excess of Liabilities Beginning of Period (Current Basis)........................................................ 10,205,544 9,301,308 8,004,513 

Budget Surplus (-) or Deficit: 

 Based on Composition of Unified Budget in Prior Fiscal Year........................................... 69,604 973,840 1,099,902 

Total Surplus (-) or Deficit (Table 2)........................................................................................ 69,604 973,840 1,099,902 

 Total-On-Budget (Table 2).................................................................................................... 64,163 1,055,049 1,178,460 

 Total-Off-Budget (Table 2).................................................................................................... 5,441 -81,209 -78,558 

Transactions Not Applied to Current Year's Surplus or Deficit: 

 Reclassification of Aged Unreconciled Accounts .................................................................. ...... ...... (**) 

 Total-Transactions Not Applied to Current Year's Surplus or Deficit ................................... ...... ...... (**) 

Excess of Liabilities Close of Period .................................................................................. 10,275,148 10,275,148 9,104,415 

... No Transactions 

(**) Less than $500,000 

Note: Details may not add to totals due to rounding. 

Table 6. Schedule B-Securities Issued by Federal Agencies Under Special Financing Authorities, July 2012 and 

 Other Periods 

[$ millions] 

Net Transactions 

(-) denotes net reduction of 

liability accounts 

Account Balances 

Current Fiscal Year 

Fiscal Year to Date Beginning of 

Classification 

This Month This Year Prior Year This Year This Month 

Close of 

This Month 

 

Agency Securities, Issued Under Special Financing 

Authorities: 

 Obligations Guaranteed by the United States, 

 Issued By: 

 Department of Housing and Urban Development: 

 Federal Housing Administration........................................................................................ ...... ...... ...... 29 29 29 

 Obligations Not Guaranteed by the United States, 

 Issued By: 

 Legislative Branch: 

 Architect of the Capitol...................................................................................................... 1 1 1 133 133 134 

 Independent Agencies: 

 Federal Communications Commission.............................................................................. ...... ...... ...... (**) (**) (**) 

 National Archives and Records Administration ................................................................. ...... -7 -7 166 158 158 

 Tennessee Valley Authority .............................................................................................. -28 -534 1,552 24,660 24,154 24,126 

 Total Agency Securities ............................................................................................... -27 -541 1,546 24,988 24,474 24,447 

... No Transactions 

 (**) Less than $500,000 

Note: Details may not add to totals due to rounding. 
22

Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Treasury Securities, 

 July 2012 and Other Periods 

[$ millions] 

Transactions Account Balances 

Current Fiscal Year 

Fiscal Year to Date Beginning of Classification 

This Month This Year Prior Year This Year This Month 

Close of 

This Month 

 

Borrowing from the Treasury: 

 Department of Agriculture: 

 Farm Service Agency: 

 Commodity Credit Corporation.......................................................................................... ...... ...... -593 705 705 705

 Agricultural Credit Insurance Fund.................................................................................... 23 -268 -1,721 7,647 7,356 7,379

 Farm Storage Facility Loans ............................................................................................. ...... 69 197 997 1,066 1,066

 Emergency Boll Weevil Loan Fund ................................................................................... ...... 4 (**) ...... 4 4

 Rural Housing Service: 

 Rural Housing Insurance .................................................................................................. ...... 667 593 15,511 16,177 16,177

 Rural Community Facility Loans Fund .............................................................................. ...... 570 403 3,714 4,284 4,284

 Multifamily Housing Revitalization Loan Account.............................................................. ...... 3 70 214 217 217

 Rural Business - Cooperative Service: 

 Rural Business and Industry Loans .................................................................................. ...... 30 -9 53 82 82

 Rural Development Loan Fund ......................................................................................... ...... 2 -1 308 311 311

 Rural Economic Development Loan Fund......................................................................... ...... 7 -3 112 119 119

 Renewable Energy Guaranteed Loan Account ................................................................. ...... (**) -5 7 7 7

 Rural Microenterprise Investment Loans........................................................................... 1 4 8 8 12 13

 Biorefinery Assistance Loan Account................................................................................ ...... -36 ...... 36 ...... ......

 Rural Utilities Service: 

 Rural Water and Waste Disposal Fund............................................................................. ...... 840 722 10,310 11,150 11,150

 Rural Electrification and Telecommunications Fund ......................................................... ...... 759 -260 13,424 14,183 14,183

 Rural Telephone Bank ...................................................................................................... ...... -5 -37 405 400 400

 Distance Learning and Telemedicine Program ................................................................. ...... 260 160 744 1,003 1,003

 Foreign Agricultural Service................................................................................................ ...... ...... 1 1,163 1,163 1,163

 Department of Commerce: 

 Department Management: 

 Emergency Steel Guaranteed Loan Fund......................................................................... ...... 2 ...... ...... 2 2

 National Oceanic and Atmospheric Administration: 

 Fisheries Finance ............................................................................................................. 15 54 26 539 579 594

 Fishing Vessel Obligations................................................................................................ ...... ...... ...... 1 1 1

 State and Local Implementation Fund .............................................................................. ...... (**) ...... ...... (**) (**)

 Department of Defense - Military Programs: 

 Arms Initiative Loans .......................................................................................................... ...... (**) ...... (**) (**) (**)

 Family Housing Improvement Loans................................................................................... ...... 107 207 778 886 886

 Department of Education: 

 College Housing and Academic Facilities Loans................................................................. ...... -7 ...... 57 50 50

 Federal Direct Student Loans ............................................................................................. 4,650 155,560 151,033 436,233 587,143 591,794

 Teach Grant Loans ............................................................................................................. 16 94 125 281 358 374

 Temporary Student Loan Purchase Authority ..................................................................... ...... -50 2,348 80,265 80,215 80,215

 Federal Family Education Loans......................................................................................... ...... 13,769 18,754 29,484 43,254 43,254

 Department of Energy: 

 Bonneville Power Administration Fund ............................................................................... -65 535 705 2,943 3,543 3,478

 Western Area Power Administration - Recovery Act........................................................... ...... 28 73 161 189 189

 Department of Health and Human Services: 

 Health Education Assistance Loans.................................................................................... ...... ...... ...... 1 1 1

 Consumer Operated and Oriented Plan.............................................................................. ...... 150 ...... ...... 150 150

 Department of Homeland Security: 

 National Flood Insurance Fund........................................................................................... ...... ...... -750 17,750 17,750 17,750

 Disaster Assistance Loan Fund .......................................................................................... ...... ...... ...... 4 4 4

 Department of Housing and Urban Development: 

 Public and Indian Housing Programs: 

 Low-Rent Public Housing - Loans and Other Expenses ................................................... ...... ...... ...... 20 20 20

 Housing Programs: 

 Emergency Homeowners' Relief Fund.............................................................................. ...... -18 ...... 23 5 5

 Federal Housing Administration........................................................................................ ...... ...... ...... 6,032 6,032 6,032

 Green Retrofit Program for Multifamily Housing-Recovery Act ......................................... ...... ...... ...... 15 15 15
23

Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Treasury Securities, 

 July 2012 and Other Periods 

[$ millions] 

Transactions Account Balances 

Current Fiscal Year 

Fiscal Year to Date Beginning of Classification 

This Month This Year Prior Year This Year This Month 

Close of 

This Month 

 

Borrowing from the Treasury:—Continued

 Department of the Interior: 

 Helium Fund ....................................................................................................................... ...... ...... ...... 224 224 224

 Bureau of Reclamation Loan Fund ..................................................................................... ...... (**) 19 36 37 37

 Bureau of Indian Affairs ...................................................................................................... ...... -1 ...... 7 5 5

 Assistance to American Samoa Loan Fund ........................................................................ ...... ...... ...... 10 10 10

 Department of Labor: 

 Black Lung Disability Trust Fund......................................................................................... ...... ...... ...... 5,533 5,533 5,533

 Department of State: 

 Repatriation Loans.............................................................................................................. ...... (**) 1 3 3 3

 Department of Transportation: 

 Federal Aviation Administration: 

 Aircraft Purchase Loan Guarantee Program..................................................................... ...... (**) ...... (**) ...... ......

 Federal Highway Administration: 

 Transportation Infrastructure Finance and Innovation Fund.............................................. 68 490 1,063 3,633 4,055 4,124

 Federal Railroad Administration: 

 Railroad Rehabilitation and Improvement Loan Fund ....................................................... 14 250 91 509 744 758

 Other................................................................................................................................. ...... ...... ...... (**) (**) (**)

 Maritime Administration: 

 Ocean Freight Differential ................................................................................................. ...... -83 -33 95 13 13

 Maritime Guaranteed Loan (Title XI) Fund........................................................................ ...... -35 ...... 104 69 69

 Department of Treasury: 

 Departmental Offices: 

 Community Development Financial Institutions Fund ....................................................... ...... 3 -3 36 39 39

 Housing and Economic Recovery Programs..................................................................... ...... -71,890 -11,634 71,890 ...... ......

 Temporary Credit and Liquidity Program .......................................................................... ...... 2 -616 14,852 14,854 14,854

 Troubled Assets Insurance Financing Fund...................................................................... ...... -73 -1,600 833 760 760

 Troubled Asset Relief Program......................................................................................... ...... -65,306 -11,340 128,664 63,358 63,358

 Small Business Lending Financing Fund .......................................................................... ...... 376 16,140 3,736 4,112 4,112

 Federal Financing Bank Revolving Fund ............................................................................ 682 7,982 -3,886 45,257 52,558 53,240

 Department of Veterans Affairs: 

 Veterans Housing Benefit Program Fund............................................................................ ...... 1,278 1,438 1,599 2,877 2,877

 Native American Veteran Housing Fund............................................................................. ...... 11 29 74 85 85

 Vocational Rehabilitation Loan Fund .................................................................................. ...... 3 2 1 4 4

 Corps of Engineers: 

 Washington Aqueduct......................................................................................................... ...... -1 (**) 5 4 4

 Environmental Protection Agency: 

 Abatement, Control, and Compliance Loan Program.......................................................... ...... ...... (**) 3 3 3

 General Services Administration: 

 Land Acquisition and Development Fund............................................................................ ...... (**) ...... (**) ...... ......

 International Assistance Program: 

 International Security Assistance: 

 Foreign Military Loan Program.......................................................................................... ...... -11 ...... 11 ...... ......

 Military Debt Reduction..................................................................................................... ...... ...... ...... 32 32 32

 Agency for International Development: 

 International Debt Reduction ............................................................................................ ...... ...... ...... 478 478 478

 Development Credit Authority Loan Fund ......................................................................... ...... ...... ...... (**) (**) (**)

 Overseas Private Investment Corporation .......................................................................... 18 299 305 1,828 2,108 2,127

 International Monetary Programs........................................................................................ ...... 4,072 1,929 1,948 6,020 6,020

 Small Business Administration: 

 Business Loan Fund ........................................................................................................... ...... -2,279 -265 3,905 1,626 1,626

 Disaster Loan Fund ............................................................................................................ ...... -706 -407 7,284 6,579 6,579

 Independent Agencies: 

 Export-Import Bank of the United States............................................................................. 92 4,033 987 8,279 12,220 12,312

 Federal Communications Commission: 

 Spectrum Auction Loan Fund ........................................................................................... ...... -50 -40 50 ...... ......

 National Credit Union Administration .................................................................................. ...... -300 3,500 3,500 3,200 3,200

 Presidio Trust Fund ............................................................................................................ ...... ...... ...... 50 50 50

 Railroad Retirement Board: 

 Social Security Equivalent Benefit Account....................................................................... 351 -729 -628 3,484 2,404 2,755

 Smithsonian Institution: 

 John F. Kennedy Center Parking Facilities ....................................................................... ...... ...... ...... 20 20 20

 Total Agency Borrowing from the Treasury 

 Financed Through Treasury Securities Issued ............................................................ 5,866 50,466 167,095 937,923 982,523 988,389
24

Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Treasury Securities, 

 July 2012 and Other Periods 

[$ millions] 

Transactions Account Balances 

Current Fiscal Year 

Fiscal Year to Date Beginning of Classification 

This Month This Year Prior Year This Year This Month 

Close of 

This Month 

 

Borrowing from the Federal Financing Bank: 

 Department of Agriculture: 

 Rural Utilities Service: 

 Rural Electrification and Telecommunications Fund ......................................................... 182 3,039 2,672 34,178 37,036 37,218

 Department of Defense - Military Programs: 

 Department of the Navy...................................................................................................... ...... ...... ...... 1,624 1,624 1,624

 Defense Agencies............................................................................................................... ...... ...... ...... -1,624 -1,624 -1,624

 Department of Education: 

 Historically Black College and University Capital 

 Financing Fund.................................................................................................................. 4 90 93 778 864 868

 Department of Energy: 

 Title 17 Innovative Technology Loans................................................................................. 461 4,544 3,119 6,921 11,003 11,464

 Advanced Technology Vehicles Manufacturing .................................................................. ...... ...... -6 ...... ...... ......

 Department of Health and Human Services: 

 Health Maintenance Organization Loan and 

 Loan Guarantee Fund........................................................................................................ ...... ...... ...... (**) (**) (**)

 Department of Transportation: 

 Railroad Rehabilitation and Improvement Loan Fund ......................................................... ...... (**) (**) 1 1 1

 Department of Veterans Affairs: 

 Guaranteed Transitional Housing for Homeless Veterans .................................................. (**) (**) (**) 5 5 5

 General Services Administration: 

 Federal Buildings Fund....................................................................................................... -19 -72 -53 1,897 1,843 1,824

 International Assistance Program: 

 Foreign Military Financing Program.................................................................................... -6 -62 -72 294 239 233

 Small Business Administration: 

 Business Loan Fund ........................................................................................................... (**) -1 -1 1 (**) (**)

 Independent Agencies: 

 National Credit Union Administration .................................................................................. ...... ...... -10,101 ...... ...... ......

 Postal Service..................................................................................................................... -64 -429 283 13,000 12,635 12,572

 Total Borrowing from the Federal Financing Bank ....................................................... 559 7,110 -4,068 57,075 63,626 64,185

Note: This table includes lending by the Federal Financing Bank accomplished by the 

purchase of agency financial assets, by the acquisition of agency debt securities, and by 

direct loans on behalf of an agency. The Federal Financing Bank borrows from Treasury 

and issues its own securities and in turn may loan these funds to agencies in lieu of 

agencies borrowing directly through Treasury or issuing their own securities. 

... No Transactions 

(**) Less than $500,000 

Note: Details may not add to totals due to rounding. 
25

This Page Left Blank Intentionally 
26

Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities, July 2012 and Other Periods 

[$ millions] 

Net Purchases or Sales (-) Securities Held as Investments 

Current Fiscal Year 

Fiscal Year to Date Beginning of Classification 

This Month This Year Prior Year This Year This Month 

Close of 

This Month 

 

Federal Funds: 

 Department of Agriculture..................................................................................................... 49 65 13 134 149 199

 Department of Commerce..................................................................................................... 2 2 3 ...... ...... 2

 Department of Defense-Military Programs: 

 Defense Cooperation Account ............................................................................................ ...... ...... 1 8 8 8

 Department of Energy........................................................................................................... 106 733 682 53,274 53,901 54,007

 Department of Health and Human Services.......................................................................... (**) 2 3 2,093 2,096 2,096

 Department of Housing and Urban Development: 

 Housing Programs: 

 Federal Housing Administration Fund............................................................................... 1,678 6,770 -1,310 4,161 9,253 10,931

 Government National Mortgage Association: 

 Guarantees of Mortgage-Backed Securities ..................................................................... -5 2 -1,285 2,134 2,141 2,135

 Department of the Interior..................................................................................................... -136 287 -184 6,808 7,232 7,095

 Department of Labor............................................................................................................. -84 308 792 15,793 16,185 16,101

 Department of Transportation ............................................................................................... 18 166 216 1,675 1,823 1,841

 Department of the Treasury.................................................................................................. -22 17 1,793 24,799 24,839 24,816

 Department of Veterans Affairs: 

 Veterans Reopened Insurance Fund .................................................................................. -3 -21 -19 281 263 260

 Servicemen's Group Life Insurance Fund ........................................................................... ...... (**) (**) 1 1 1

 Other Defense Civil Programs: 

 Uniformed Services Retiree Health Care Fund ................................................................... -485 15,556 20,254 161,741 177,782 177,297

 Office of Personnel Management: 

 Postal Service Contributions............................................................................................... ...... 1,640 -7,941 43,708 45,347 45,347

 Independent Agencies: 

 Federal Deposit Insurance Corporation: 

 Deposit Insurance Fund.................................................................................................... 127 -4,139 -142 42,227 37,961 38,088

 FSLIC Resolution Fund..................................................................................................... 2 50 -13 3,374 3,422 3,424

 Federal Housing Finance Agency....................................................................................... -15 24 50 78 118 102

 National Credit Union Administration .................................................................................. -52 -2,304 4,884 15,075 12,823 12,770

 Postal Service..................................................................................................................... (**) -758 -392 1,815 1,057 1,057

 Tennessee Valley Authority ................................................................................................ (**) (**) -225 25 25 25

 Other .................................................................................................................................. 65 331 162 14,849 15,115 15,180

 Other .................................................................................................................................... 93 -224 444 8,083 7,766 7,859

 Total Treasury Securities.................................................................................................. 1,337 18,507 17,786 402,135 419,306 420,642

 Total Federal Funds...................................................................................................... 1,337 18,507 17,786 402,135 419,306 420,642

Trust Funds: 

 Legislative Branch: 

 Library of Congress ............................................................................................................ -1 (**) 4 40 41 40

 United States Tax Court...................................................................................................... ...... (**) (**) 11 11 11

 Other .................................................................................................................................. -1 2 2 33 35 35

 Judicial Branch: 

 Judicial Retirement Funds .................................................................................................. -4 53 56 918 975 971

 Department of Agriculture..................................................................................................... 70 70 -26 ...... ...... 70

 Department of Defense-Military Programs: 

 Voluntary Separation Incentive Fund.................................................................................. -10 -15 -16 358 354 343

 Other .................................................................................................................................. -1 -18 -4 859 842 841

 Department of Health and Human Services: 

 Federal Hospital Insurance Trust Fund............................................................................... -835 -11,689 -20,116 245,939 235,085 234,250

 Federal Supplementary Medical Insurance Trust 

 Fund .................................................................................................................................. 6,054 4,015 8,266 70,446 68,407 74,461

 Other .................................................................................................................................. (**) 49 130 3,137 3,186 3,185
27

Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities, July 2012 and Other Periods 

[$ millions] 

Net Purchases or Sales (-) Securities Held as Investments 

Current Fiscal Year 

Fiscal Year to Date Beginning of Classification 

This Month This Year Prior Year This Year This Month 

Close of 

This Month 

 

Trust Funds:—Continued

 Department of Homeland Security........................................................................................ 58 314 499 4,108 4,364 4,422

 Department of the Interior..................................................................................................... -1 -19 -9 58 40 39

 Department of Labor: 

 Unemployment Trust Fund ................................................................................................. 612 2,780 -2,017 16,030 18,199 18,811

 Other .................................................................................................................................. -5 -37 -43 62 30 25

 Department of State: 

 Foreign Service Retirement and Disability Fund ................................................................. -46 450 492 16,397 16,892 16,847

 Other .................................................................................................................................. -8 -9 -3 36 34 27

 Department of Transportation: 

 Airport and Airway Trust Fund ............................................................................................ 310 1,266 1,179 8,641 9,598 9,907

 Highway Trust Fund............................................................................................................ -1,157 -4,203 -3,019 16,302 13,256 12,099

 Department of Treasury........................................................................................................ -75 -155 -232 1,239 1,159 1,085

 Department of Veterans Affairs: 

 General Post Fund, National Homes .................................................................................. -20 -19 2 81 83 63

 National Service Life Insurance .......................................................................................... -81 -458 -437 7,541 7,164 7,083

 United States Government Life Insurance Fund ................................................................. (**) -3 -3 17 14 14

 Veterans Special Life Insurance Fund ................................................................................ -10 1 13 1,981 1,992 1,982

 Corps of Engineers ............................................................................................................... 16 591 634 6,377 6,952 6,968

 Other Defense Civil Programs: 

 Military Retirement Fund..................................................................................................... 3,421 55,591 52,227 326,040 378,210 381,632

 Other .................................................................................................................................. 13 -152 -62 2,171 2,007 2,019

 Environmental Protection Agency......................................................................................... -109 117 242 6,959 7,185 7,076

 National Aeronautics and Space Administration ................................................................... ...... (**) (**) 15 15 15

 Office of Personnel Management: 

 Civil Service Retirement and Disability Fund: 

 Treasury Securities........................................................................................................... -4,230 -2,787 -91,693 803,813 805,255 801,026

 Employees Life Insurance Fund.......................................................................................... 38 1,363 1,522 39,678 41,003 41,041

 Employees and Retired Employees Health Benefits Fund.................................................. 225 1,684 2,529 19,194 20,653 20,878

 Social Security Administration: 

 Federal Old-Age and Survivors Insurance Trust 

 Fund .................................................................................................................................. -2,235 103,840 98,970 2,492,531 2,598,606 2,596,371

 Federal Disability Insurance Trust Fund.............................................................................. -3,443 -22,821 -19,073 161,965 142,587 139,145

 Independent Agencies: 

 Harry S. Truman Memorial Scholarship Trust Fund............................................................ (**) 6 -2 48 54 54

 Japan-United States Friendship Commission ..................................................................... ...... (**) (**) 39 38 38

 Railroad Retirement Board: 

 Treasury Securities........................................................................................................... -93 -64 -187 2,157 2,186 2,093

 Agency Securities............................................................................................................. ...... ...... 3 6 6 6

 Other .................................................................................................................................. -11 45 122 946 1,001 990

 Total Treasury Securities.................................................................................................. -1,560 129,788 29,945 4,256,166 4,387,514 4,385,954

 Total Agency Securities .................................................................................................... ...... ...... 3 6 6 6

 Total Trust Funds ......................................................................................................... -1,560 129,788 29,948 4,256,172 4,387,520 4,385,960

Grand Total ........................................................................................................................... -223 148,295 47,734 4,658,307 4,806,826 4,806,602

... No Transactions 

(**) Less than $500,000 

Note: Investments are in Treasury securities unless otherwise noted.

Note: Details may not add to totals due to rounding. 
28

Table 6. Schedule E-Net Activity, Guaranteed and Direct Loan Financing, July 2012 and Other Periods 

[$ millions] 

Net Transactions 

(-) denotes net reduction of 

assets accounts 

Account Balances 

Current Fiscal Year 

Fiscal Year to Date Beginning of 

Classification 

This Month This Year Prior Year This Year This Month 

Close of 

This Month 

 

Guaranteed Loan Financing Activity: 

 Department of Agriculture: 

 Farm Service Agency: 

 Commodity Credit Corporation Export Fund ..................................................................... -7 -124 190 524 407 400

 Agricultural Credit Insurance Fund.................................................................................... 2 93 71 -285 -194 -192

 Natural Resource Conservation Demonstration Program: 

 Agricultural Resource Conservation Demonstration Program ........................................... ...... ...... ...... (**) (**) (**)

 Rural Housing Service: 

 Rural Community Facility Loans ....................................................................................... 10 -1 -11 -56 -67 -58

 Rural Housing Insurance Fund ......................................................................................... 30 -302 -375 -2,022 -2,355 -2,325

 Rural Business-Cooperative Service: 

 Rural Business and Industry Loans .................................................................................. 15 -128 -67 -323 -465 -450

 Renewable Energy Guaranteed Loan Account ................................................................. 3 -15 -5 -15 -33 -30

 Biorefinery Assistance Loan Account................................................................................ ...... -7 -5 -63 -70 -70

 Rural Utilities Service: 

 Rural Water and Waste Disposal Fund............................................................................. (**) (**) (**) -24 -24 -24

 Department of Commerce: 

 General Administration: 

 Emergency Oil, Gas, and Steel Account........................................................................... ...... ...... ...... 5 5 5

 National Oceanic and Atmospheric Administration: 

 Fishing Vessel Obligations................................................................................................ ...... -1 -1 1 (**) (**)

 Department of Defense-Military Programs............................................................................ ...... ...... (**) -17 -17 -17

 Department of Education: 

 Office of Student Financial Assistance: 

 Federal Family Education Loans....................................................................................... -871 10,809 15,572 15,755 27,436 26,564

 Department of Energy: 

 Title 17 Innovative Technology Loans............................................................................... -16 -54 -18 -77 -116 -131

 Department of Health and Human Services: 

 Health Resources and Services Administration: 

 Health Center Loans......................................................................................................... ...... (**) (**) -3 -3 -3

 Health Education Assistance Loans.................................................................................. 1 9 -19 -72 -65 -64

 Department of Housing and Urban Development: 

 Public and Indian Housing Programs: 

 Indian Housing Loans ....................................................................................................... -18 -25 (**) -29 -36 -54

 Native Hawaiian Housing Loans ....................................................................................... (**) (**) -1 -7 -7 -7

 Community Planning and Development: 

 Community Development Loans....................................................................................... -7 (**) -2 -90 -83 -90

 Housing Programs: 

 FHA-Mutual Mortgage Insurance Loans ........................................................................... 771 7,975 616 -25,467 -18,263 -17,492

 FHA-General and Special Risk Fund ................................................................................ 1,435 2,345 -1,644 -7,140 -6,230 -4,795

 Home Ownership Preservation Entity Fund ...................................................................... (**) (**) -8 -19 -19 -20

 Government National Mortgage Association: 

 Guarantees of Mortgaged-Backed Securities ................................................................... -86 99 132 5,698 5,884 5,797
29

Table 6. Schedule E-Net Activity, Guaranteed and Direct Loan Financing, July 2012 and Other Periods 

[$ millions] 

Net Transactions 

(-) denotes net reduction of 

assets accounts 

Account Balances 

Current Fiscal Year 

Fiscal Year to Date Beginning of 

Classification 

This Month This Year Prior Year This Year This Month 

Close of 

This Month 

 

Guaranteed Loan Financing Activity:—Continued

 Department of the Interior: 

 Bureau of Indian Affairs ...................................................................................................... (**) 21 -3 -69 -48 -48

 Department of Transportation: 

 Office of the Secretary: 

 Minority Business Resource Center Fund......................................................................... (**) (**) (**) (**) (**) (**)

 Federal Highway Administration: 

 Transportation Infrastructure Finance and Innovation Fund.............................................. ...... ...... ...... (**) (**) (**)

 Maritime Administration: 

 Maritime Guaranteed Loan (Title XI) Fund........................................................................ (**) -124 2 -93 -217 -217

 Department of the Treasury: 

 Departmental Offices: 

 Air Transportation Stabilization Fund ................................................................................ ...... ...... ...... (**) (**) (**)

 Troubled Assets Insurance Financing Fund...................................................................... ...... -36 -1,621 773 737 737

 Troubled Asset Relief Program......................................................................................... ...... -6 ...... -1 -7 -7

 Department of Veterans Affairs: 

 Veterans Benefits Administration: 

 Veterans Housing Benefit Program Fund.......................................................................... 4 -617 -991 -3,492 -4,114 -4,110

 International Assistance Program: 

 Agency for International Development: 

 Loan Guarantees to Israel ................................................................................................ ...... ...... ...... -1,972 -1,972 -1,972

 Urban and Environmental Credit Guaranteed Loans ........................................................ 1 2 2 -74 -74 -72

 Microenterprise and Small Enterprise Development ......................................................... ...... (**) (**) ...... (**) (**)

 Development Credit Authority Loan Fund ......................................................................... (**) -5 -7 -37 -43 -43

 Loan Guarantees to Egypt................................................................................................ ...... ...... ...... -201 -201 -201

 Tunisia Loan Fund ............................................................................................................ -30 -30 ...... ...... ...... -30

 Overseas Private Investment Corporation .......................................................................... 4 -28 -58 -83 -115 -112

 Small Business Administration: 

 Business Loan Fund ........................................................................................................... 6 -976 -3,254 -1,824 -2,806 -2,800

 Independent Agencies: 

 Export-Import Bank of the United States............................................................................. -23 75 347 -1,310 -1,211 -1,235

 Net Activity, Guaranteed Loan Financing ..................................................................... 1,225 18,947 8,840 -22,110 -4,388 -3,164
30

Table 6. Schedule E-Net Activity, Guaranteed and Direct Loan Financing, July 2012 and Other Periods 

[$ millions] 

Net Transactions 

(-) denotes net reduction of 

assets accounts 

Account Balances 

Current Fiscal Year 

Fiscal Year to Date Beginning of 

Classification 

This Month This Year Prior Year This Year This Month 

Close of 

This Month 

 

Direct Loan Financing Activity: 

 Department of Agriculture: 

 Farm Service Agency: 

 Agricultural Credit Insurance Fund.................................................................................... 8 -72 375 6,780 6,700 6,708

 Farm Storage Facility Loans ............................................................................................. -4 33 113 683 720 715

 Apple Loans Fund............................................................................................................. ...... (**) (**) (**) (**) (**)

 Emergency Boll Weevil Loan Fund ................................................................................... ...... 4 (**) -1 3 3

 Rural Housing Service: 

 Rural Community Facility Loans Fund .............................................................................. -5 398 333 3,387 3,790 3,785

 Rural Housing Insurance Fund ......................................................................................... -6 -474 -145 15,307 14,838 14,833

 Multifamily Housing Revitalization Loan Account.............................................................. 1 2 38 159 159 160

 Rural Business-Cooperative Service: 

 Rural Business and Industry Loan Fund ........................................................................... -2 33 -10 15 50 48

 Rural Development Loan Fund ......................................................................................... -2 -12 -7 297 288 285

 Rural Economic Development Loan Fund......................................................................... -1 (**) 3 100 101 100

 Rural Microenterprise Investment Loans........................................................................... 1 5 6 7 11 12

 Rural Utilities Service: 

 Rural Water and Waste Disposal Loans ........................................................................... -71 29 364 9,283 9,383 9,312

 Rural Electrification and Telecommunications Fund ......................................................... 228 2,133 2,394 42,218 44,123 44,351

 Rural Telephone Bank ...................................................................................................... -8 -48 -28 393 354 345

 Distance Learning and Telemedicine Program ................................................................. 15 244 134 714 944 959

 Rural Development Insurance Fund ................................................................................. ...... ...... ...... 1,065 1,065 1,065

 Foreign Agricultural Service: 

 P.L. 480 Direct Loan Fund................................................................................................ -33 -115 -130 917 835 802

 International Debt Reduction ............................................................................................ 21 -7 -7 28 1 22

 Department of Commerce: 

 National Oceanic and Atmospheric Administration: 

 Fisheries Finance ............................................................................................................. 9 -9 -1 539 522 531

 Department of Defense-Military Programs............................................................................ -3 75 175 778 856 853

 Department of Education: 

 Office of Postsecondary Education: 

 College Housing and Academic Facilities Loans............................................................... (**) -1 -1 7 6 6

 Historically Black College and University Capital 

 Financing Fund................................................................................................................ 4 89 21 437 523 527

 Office of Student Financial Assistance: 

 Federal Direct Student Loans ........................................................................................... 7,930 96,343 96,595 374,758 463,170 471,101

 Teach Grant Loans ........................................................................................................... (**) 54 87 253 307 307

 Temporary Student Loan Purchase Authority ................................................................... -599 -5,491 1,360 118,457 113,565 112,966

 Department of Energy: 

 Advanced Technology Vehicles Manufacturing Loans........................................................ 139 2,305 1,815 3,359 5,525 5,664

 Title 17 Innovative Technology Loans................................................................................. 265 1,801 910 1,700 3,236 3,501

 Department of Health and Human Services: 

 Consumer Operated and Oriented Plan.............................................................................. 2 34 ...... ...... 32 34

 Department of Homeland Security: 

 Disaster Assistance Loan Fund .......................................................................................... (**) -7 -15 -11 -18 -18

 Department of Housing and Urban Development: 

 Housing Programs: 

 Emergency Homeowners' Relief Fund.............................................................................. (**) 1 ...... (**) 1 1

 FHA-Mutual Mortgage Insurance Loans ........................................................................... ...... (**) (**) -5 -5 -5

 FHA-General and Special Risk Fund ................................................................................ ...... ...... ...... (**) (**) (**)

 Green Retrofit Program for Multifamily Housing Fund....................................................... (**) -3 5 15 12 12
31

Table 6. Schedule E-Net Activity, Guaranteed and Direct Loan Financing, July 2012 and Other Periods 

[$ millions] 

Net Transactions 

(-) denotes net reduction of 

assets accounts 

Account Balances 

Current Fiscal Year 

Fiscal Year to Date Beginning of 

Classification 

This Month This Year Prior Year This Year This Month 

Close of 

This Month 

 

Direct Loan Financing Activity:—Continued

 Department of the Interior: 

 Bureau of Reclamation ....................................................................................................... ...... 16 -13 18 35 35

 Bureau of Indian Affairs ...................................................................................................... (**) 1 -1 3 5 5

 Assistance to American Samoa Loan Fund ........................................................................ ...... -2 -2 10 8 8

 Department of State: 

 Administration of Foreign Affairs: 

 Repatriation Loans............................................................................................................ (**) -1 -1 -9 -10 -10

 Department of Transportation: 

 Federal Highway Administration: 

 Transportation Infrastructure Finance and Innovation Fund.............................................. 65 432 974 3,600 3,968 4,033

 Tiger Tifia Loan Fund........................................................................................................ ...... (**) (**) (**) (**) (**)

 Federal Railroad Administration: 

 Railroad Rehabilitation and Improvement Loan Fund ....................................................... 14 176 67 491 653 667

 Department of the Treasury: 

 Departmental Offices: 

 Community Development Financial Institutions Fund ....................................................... -2 -4 -6 36 34 32

 GSE Mortgage-Backed Securities Purchase Program...................................................... ...... -65,730 -83,381 69,107 3,377 3,377

 Temporary Credit and Liquidity Program .......................................................................... -140 -1,411 -2,118 14,338 13,066 12,927

 Troubled Asset Relief Program......................................................................................... -1,860 -49,854 -14,831 103,363 55,368 53,508

 Small Business Lending Program..................................................................................... -39 238 548 3,736 4,013 3,974

 Financial Management Service........................................................................................... ...... ...... ...... (**) (**) (**)

 Department of Veterans Affairs: 

 Veterans Benefits Administration: 

 Veterans Housing Benefit Program Fund.......................................................................... 8 -796 -101 1,423 619 627

 Native American Veteran Housing Fund........................................................................... (**) -8 2 65 57 56

 Transitional Housing Loans .............................................................................................. (**) (**) (**) (**) (**) (**)

 Vocational Rehabilitation Loan Fund ................................................................................ (**) (**) (**) 1 1 1

 Environmental Protection Agency: 

 Abatement, Control, and Compliance Loan Program.......................................................... ...... -2 -3 2 1 1

 International Assistance Program: 

 International Security Assistance: 

 Foreign Military Loan Program.......................................................................................... ...... -37 ...... 11 -26 -26

 Military Debt Reduction..................................................................................................... ...... ...... ...... 32 32 32

 Agency for International Development: 

 International Debt Reduction ............................................................................................ ...... -29 -65 141 112 112

 Microenterprise and Small Enterprise Development ......................................................... ...... ...... (**) ...... ...... ......

 Overseas Private Investment Corporation .......................................................................... -11 -3 118 1,369 1,378 1,366

 International Monetary Programs........................................................................................ ...... -23 -47 -29 -52 -52

 Small Business Administration: 

 Business Loan Fund ........................................................................................................... (**) 5 -5 98 103 103

 Disaster Loan Fund ............................................................................................................ -51 -497 -685 6,163 5,716 5,665

 Independent Agencies: 

 Export-Import Bank of the United States............................................................................. 127 3,372 784 6,800 10,044 10,172

 Federal Communications Commission: 

 Spectrum Auction Loan Fund ........................................................................................... (**) -18 -40 13 -4 -4

 Net Activity, Direct Loan Financing................................................................................. 5,997 -16,829 5,578 792,423 769,597 775,594

Note: Federal credit programs provide benefits to the public in the form of direct loans and 

loan guarantees. This table reflects cash transactions and balances of the nonbudgetary 

financing fund accounts that result from the disbursement of loans, collection of fees, 

repayment of principle, sale of collateral, interest, and subsidy received from the credit 

program accounts at net present value in accordance with the Credit Reform Act of 1990. 

Unreimbursed costs such as administrative expenses and subsidy payments are reported 

on a cash basis and included within each program’s budgetary totals in Table 5. 

... No Transactions 

(**) Less than $500,000 

Note: Details may not add to totals due to rounding. 
32

Table 7. Receipts and Outlays of the U.S. Government by Month, Fiscal Year 2012 

[$ millions] 

Classification Oct. Nov. Dec. Jan. Feb. March April May June July Aug. Sept. 

Fiscal

Year 

to 

Date 

Comparable

Period

Prior 

F.Y. 

 

Receipts: 

Individual Income Taxes ........................................................ 86,747 70,671 112,952 133,424 21,460 58,890 178,565 68,574 109,189 87,701 928,172 890,652

Corporation Income Taxes..................................................... 2,466 1,637 51,510 4,549 405 23,970 27,782 6,736 56,875 6,511 182,440 140,541

Social Insurance And Retirement Receipts: 

 Employment and General Retirement.................................. 54,528 58,501 54,691 74,823 60,552 69,262 82,451 61,792 73,689 58,278 648,569 634,866

 Unemployment Insurance.................................................... 2,745 4,878 3,711 4,169 3,924 636 8,801 20,393 1,341 9,099 59,697 47,337

 Other Retirement ................................................................. 293 347 318 290 290 346 288 351 289 284 3,096 3,376

Excise Taxes ......................................................................... 4,870 6,708 6,220 5,771 4,907 6,303 7,424 6,275 7,235 7,063 62,775 57,276

Estate and Gift Taxes ............................................................ 1,021 967 1,003 947 1,278 941 2,558 932 860 1,011 11,520 6,997

Customs Duties ..................................................................... 2,844 2,626 2,217 2,268 2,339 2,270 2,616 2,199 2,497 2,913 24,789 24,000

Miscellaneous Receipts ......................................................... 7,558 6,067 7,341 8,079 8,260 8,597 8,322 13,459 8,202 11,725 87,609 88,051

 Total--Receipts This Year.................................................. 163,072 152,402 239,963 234,319 103,413 171,215 318,807 180,713 260,177 184,585 2,008,667 ......

 (On-Budget)...................................................................... 123,769 110,346 201,911 178,871 57,954 119,308 258,106 134,391 205,262 141,402 1,531,321 ......

 (Off-Budget)...................................................................... 39,303 42,056 38,052 55,448 45,459 51,906 60,701 46,322 54,916 43,183 477,346 ......

 Total--Receipts Prior Year ................................................... 145,951 148,970 236,875 226,550 110,656 150,894 289,543 174,936 249,658 159,063 ...... 1,893,096

 (On Budget)......................................................................... 99,702 99,222 197,098 171,448 67,556 105,897 229,912 130,554 199,467 117,047 ...... 1,417,903

 (Off Budget)......................................................................... 46,249 49,748 39,778 55,102 43,100 44,997 59,631 44,382 50,191 42,016 ...... 475,194

Outlays: 

Legislative Branch ................................................................. 413 394 384 366 368 378 390 345 375 348 3,760 3,863

Judicial Branch ...................................................................... 580 556 567 572 561 743 537 590 588 595 5,889 5,872

Department of Agriculture: 

 Commodity Credit Corporation and 

 Foreign Agricultural Service................................................ 6,315 2,060 1,051 466 -98 -327 -22 -186 -290 -181 8,787 10,137

 Other ................................................................................... 11,687 9,037 12,928 13,031 10,782 10,879 11,220 10,505 10,968 10,259 111,296 107,367

Department of Commerce...................................................... 899 931 940 811 989 938 910 818 760 792 8,789 8,304

Department of Defense: 

 Military Programs: 

 Military Personnel .............................................................. 23,231 12,034 16,032 6,560 11,675 16,228 6,882 11,388 16,661 7,107 127,797 132,389

 Operation and Maintenance............................................... 20,458 22,764 24,608 21,799 23,410 25,789 21,561 24,770 22,569 23,114 230,842 236,423

 International Reconstruction 

 and Other Assistance ....................................................... (**) (**) (**) (**) (**) (**) 6 9 (**) (**) 16 1

 Procurement ...................................................................... 8,811 9,794 10,749 12,997 11,182 12,237 7,849 10,233 10,636 10,003 104,491 107,299

 Research, Development, Test, 

 and Evaluation.................................................................. 3,890 5,992 7,339 4,371 5,167 7,904 5,827 6,772 5,256 5,434 57,952 62,439

 Military Construction .......................................................... 1,351 1,491 1,431 1,154 1,145 1,265 1,147 1,239 1,119 1,216 12,557 16,631

 Family Housing.................................................................. 168 195 222 131 221 197 192 199 181 204 1,909 2,845

 Revolving and Management Funds ................................... -191 724 1,243 299 -491 306 -247 185 411 1,836 4,074 1,559

 Other ................................................................................. 336 139 -541 110 -216 -271 675 -119 -491 369 -8 -1,121

 Total Military Programs.................................................. 58,055 53,132 61,084 47,420 52,093 63,656 43,892 54,675 56,341 49,282 539,630 558,465

Department of Education ....................................................... 4,075 6,628 6,438 367 10,108 7,279 1,899 5,584 -3,130 6,354 45,602 52,155

Department of Energy............................................................ 2,983 2,835 3,233 2,593 2,677 2,367 2,533 2,981 2,688 2,467 27,356 28,462

Department of Health and Human Services: 

 National Institutes of Health................................................. 2,577 2,688 2,638 2,603 2,610 2,944 2,738 2,633 2,903 2,772 27,105 28,360

 Centers for Medicare and Medicaid Services: 

 Grants to States for Medicaid ............................................ 19,652 20,881 20,756 17,885 19,908 22,108 20,831 23,022 23,248 20,201 208,492 235,295

 Federal Hospital Ins. Trust Fund........................................ 15,174 20,989 20,347 20,018 21,926 28,285 15,960 24,356 33,825 16,569 217,449 211,467

 Federal Supp. Med. Ins. Trust Fund .................................. 14,529 24,843 23,995 21,859 23,496 33,874 14,765 26,724 39,195 14,167 237,446 237,212

 Other ................................................................................. 15,934 20,414 20,102 21,167 19,094 22,064 24,261 19,408 25,866 15,946 204,256 209,395

 Administration for Children and Families.............................. 4,005 4,347 4,418 3,785 4,021 4,538 3,801 3,878 3,946 3,809 40,550 45,105

 Other ................................................................................... -18,722 -22,213 -21,996 -23,894 -20,455 -24,204 -26,956 -21,905 -35,261 -19,051 -234,657 -236,868

Department of Homeland Security......................................... 5,002 4,578 4,754 3,397 3,236 4,244 3,942 3,325 3,744 3,576 39,798 37,025

Department of Housing and Urban Development .................. 3,921 4,090 4,180 3,626 3,867 3,698 3,480 2,559 3,771 791 33,983 49,874

Department of the Interior...................................................... 1,019 1,213 1,013 940 995 1,017 861 1,018 1,337 1,016 10,430 11,098

Department of Justice............................................................ 3,049 2,562 2,587 2,463 2,379 2,267 3,115 3,183 2,473 1,628 25,705 25,560

Department of Labor: 

 Unemployment Trust Fund .................................................. 7,779 8,791 8,432 9,754 8,852 8,787 7,765 8,222 6,866 7,166 82,413 102,189

 Other ................................................................................... -690 1,359 1,510 567 675 365 930 756 1,168 1,126 7,766 9,713

Department of State............................................................... 2,233 2,550 2,798 1,798 1,408 1,774 1,871 2,199 2,033 2,934 21,596 19,116

Department of Transportation: 

 Highway Trust Fund............................................................. 3,811 3,329 3,430 2,202 2,291 2,398 2,264 3,219 3,927 3,794 30,665 27,540

 Other ................................................................................... 3,482 3,205 3,491 2,695 2,605 2,948 3,389 2,967 2,874 2,842 30,498 33,365

Department of the Treasury: 

 Interest on Treasury Debt Securities (Gross)....................... 27,771 21,709 98,114 21,106 17,414 24,683 30,121 30,507 103,887 -52,817 322,495 412,518

 Other ................................................................................... 5,188 3,155 13,434 4,163 51,600 34,901 10,744 5,468 -563 3,945 132,036 98,760

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
33

Table 7. Receipts and Outlays of the U.S. Government by Month, Fiscal Year 2012 

[$ millions] 

Classification Oct. Nov. Dec. Jan. Feb. March April May June July Aug. Sept. 

Fiscal

Year 

to 

Date 

Comparable

Period

Prior 

F.Y. 

 

Outlays:—Continued 

Department of Veterans Affairs: 

 Compensation And Pensions............................................... 585 4,541 8,808 501 4,792 9,312 715 5,015 9,349 711 44,328 44,055

 National Service Life............................................................ 72 75 81 84 88 95 84 91 73 79 823 860

 Other ................................................................................... 5,332 5,369 5,639 5,147 5,355 8,713 5,051 5,666 5,170 4,856 56,297 55,872

Corps of Engineers ................................................................ 755 719 844 580 541 682 553 730 581 631 6,616 8,824

Other Defense Civil Programs ............................................... -696 4,829 9,356 1,049 5,265 8,706 -966 4,023 8,783 26,798 67,146 41,265

Environmental Protection....................................................... 549 948 927 910 766 894 894 881 878 874 8,523 9,022

Executive Office of the President........................................... 34 27 31 29 32 38 28 47 32 30 327 400

General Services Administration............................................ 112 66 277 -5 61 160 -63 356 64 148 1,177 1,429

International Assistance Program: 

 International Security Assistance......................................... 444 365 1,802 2,720 295 567 1,715 1,020 891 389 10,207 10,802

 Multilateral Assistance ......................................................... 460 100 5 21 6 491 264 165 1,515 254 3,281 2,642

 Agency for International Development ................................. 360 618 269 395 703 362 330 -9 295 450 3,773 3,612

 Other ................................................................................... -43 1,418 304 -50 282 -418 266 933 -482 279 2,490 -627

National Aeronautics and Space Administration .................... 1,168 1,523 1,734 975 1,278 1,350 1,227 1,338 1,468 1,995 14,053 14,481

National Science Foundation................................................. 610 537 569 564 513 574 524 552 668 698 5,810 5,689

Office of Personnel Management .......................................... 6,972 6,043 5,964 6,946 6,524 6,474 7,272 6,381 6,168 7,078 65,821 61,565

Small Business Administration............................................... 113 103 95 101 82 1,888 116 72 83 89 2,741 5,952

Social Security Administration: 

 Federal Old-Age and Survivors Ins. 

 Trust Fund (Off-Budget)...................................................... 50,352 50,408 51,017 52,298 52,913 53,154 52,937 53,222 57,630 53,392 527,324 499,150

 Federal Disability Ins. Trust 

 Fund (Off-Budget)............................................................... 10,980 10,887 11,164 11,534 11,628 11,822 11,532 11,488 12,372 11,688 115,094 109,398

 Other ................................................................................... 156 4,204 8,178 584 3,806 8,356 633 4,560 8,203 303 38,983 40,783

Independent Agencies: 

 Fed. Deposit Ins. Corp: 

 Deposit Insurance Fund..................................................... 804 -1,058 1,105 1,120 1,039 461 -195 710 279 -125 4,138 134

 FSLIC Resolution Fund...................................................... -7 -2 51 (**) -44 (**) -2 (**) (**) -19 -21 4

 Postal Service: 

 Off-Budget: 

 Public Enterprise Funds................................................... 745 -776 290 -735 -122 890 82 -261 -130 -28 -46 506

 Other................................................................................ 34 20 ...... 202 ...... ...... ...... ...... ...... ...... 256 259

 Other ................................................................................. ...... ...... 76 ...... -2 ...... ...... ...... ...... ...... 74 101

 Tennessee Valley Authority ................................................. -356 422 186 295 29 -218 580 -561 -36 -51 290 1,620

 Other Independent Agencies ............................................... 6,632 921 3,390 2,356 1,731 1,551 2,039 2,896 -523 1,927 22,920 4,624

Undistributed Offsetting Receipts: 

 Employer Share, Employee Retirement............................... -21,363 -5,519 -6,635 -5,420 -5,398 -5,703 -5,646 -5,754 -5,661 -5,439 -72,538 -69,175

 Interest Received by Trust Funds ........................................ -3,615 -511 -80,226 -1,058 157 -1,214 -4,412 -2,706 -81,137 47,928 -126,794 -186,739

 Rents and Royalties on Outer 

 Continental Shelf Lands...................................................... -370 -636 3 -1,178 -630 -176 -1,109 -401 -153 -1,076 -5,725 -4,752

 Sale of Major Assets............................................................ ...... ...... ...... ...... ...... -2,041 ...... -1,956 ...... ...... -3,996 -108

 Other ................................................................................... ...... ...... ...... ...... ...... (**) ...... ...... ...... (**) (**) ......

Totals This Year: 

 Total Outlays...................................................................... 261,539 289,704 325,930 261,726 335,090 369,372 259,690 305,348 319,919 254,190 2,982,507 ......

 (On-Budget)...................................................................... 214,770 238,285 328,868 217,653 281,056 315,494 215,365 251,615 317,698 205,566 2,586,370 ......

 (Off-Budget)...................................................................... 46,768 51,419 -2,939 44,073 54,034 53,878 44,325 53,733 2,221 48,624 396,137 ......

 Total-Surplus (+) or Deficit (-) ........................................... -98,466 -137,302 -85,967 -27,407 -231,677 -198,157 +59,117 -124,636 -59,741 -69,604 -973,840 ......

 (On-Budget)...................................................................... -91,001 -127,939 -126,957 -38,782 -223,102 -196,185 +42,741 -117,224 -112,436 -64,163 -1,055,049 ......

 (Off-Budget)...................................................................... -7,465 -9,363 +40,991 +11,375 -8,575 -1,971 +16,376 -7,411 +52,695 -5,441 +81,209 ......

 Total Borrowing from the Public ...................................... 132,149 134,758 59,058 124,724 150,351 123,237 70,178 89,621 38,400 80,903 1,003,380 736,674

 Total-Outlays Prior Year ...................................................... 286,384 299,364 315,009 276,346 333,163 339,048 329,929 232,577 292,738 288,439 ...... 2,992,998

 (On-Budget)....................................................................... 232,255 241,169 314,504 230,966 282,276 289,979 284,498 181,441 296,470 242,804 ...... 2,596,362

 (Off-Budget)....................................................................... 54,128 58,195 505 45,380 50,887 49,070 45,431 51,136 -3,732 45,635 ...... 396,636

 Total-Surplus (+) or Deficit (-) Prior Year ............................. -140,432 -150,394 -78,134 -49,796 -222,507 -188,154 -40,387 -57,641 -43,080 -129,376 ...... -1,099,902

 (On-Budget)....................................................................... -132,553 -141,947 -117,406 -59,518 -214,721 -184,082 -54,586 -50,887 -97,003 -125,757 ...... -1,178,460

 (Off-Budget)....................................................................... -7,879 -8,447 +39,272 +9,722 -7,787 -4,072 +14,200 -6,754 +53,922 -3,619 ...... +78,558

... No Transactions 

(**) Less than $500,000 

Note: Details may not add to totals due to rounding. 
34

Table 8. Trust Fund Impact on Budget Results and Investment Holdings as of July 31, 2012 

[$ millions] 

This Month Fiscal Year to Date Securities Held as Investments 

Current Fiscal Year 

Beginning of Classification 

Receipts Outlays Excess Receipts Outlays Excess This Year This Month

Close of

This Month

Trust Receipts, Outlays, and Investments Held: 

 Airport and Airway ........................................................................................................ 1,148 849 300 10,473 10,286 187 8,641 9,598 9,907

 Black Lung Disability..................................................................................................... 54 21 33 530 218 312 ...... ...... ......

 Federal Disability Insurance.......................................................................................... 8,133 11,688 -3,555 92,338 115,094 -22,756 161,965 142,587 139,145

 Federal Employees Life and Health.............................................................................. ...... -268 268 ...... -3,041 3,041 58,872 61,656 61,919

 Federal Employees Retirement .................................................................................... 2,192 6,466 -4,274 60,046 62,343 -2,298 821,138 823,133 818,854

 Federal Hospital Insurance........................................................................................... 15,902 16,749 -847 207,405 218,732 -11,327 245,939 235,085 234,250

 Federal Old-Age and Survivors Insurance .................................................................... 51,478 53,392 -1,915 631,499 527,324 104,175 2,492,531 2,598,606 2,596,371

 Federal Supplementary Medical Insurance................................................................... 20,245 14,167 6,078 239,289 237,446 1,842 70,446 68,407 74,461

 Hazardous Substance Superfund ................................................................................. 3 113 -110 1,133 1,146 -13 3,509 3,671 3,551

 Highways...................................................................................................................... 3,322 4,254 -932 31,498 37,821 -6,322 16,302 13,256 12,099

 Military Advances.......................................................................................................... 2,229 2,243 -14 21,043 21,373 -330 ...... ...... ......

 Military Retirement........................................................................................................ -45,959 389 -46,348 52,470 39,955 12,514 326,040 378,210 381,632

 Railroad Retirement...................................................................................................... 1,335 1,152 183 11,186 11,296 -110 2,163 2,192 2,099

 Unemployment ............................................................................................................. 9,131 7,172 1,959 109,736 82,492 27,243 16,030 18,199 18,811

 Veterans Life Insurance................................................................................................ 4 94 -90 430 892 -462 9,539 9,170 9,078

 All Other Trust .............................................................................................................. 282 463 -181 5,192 4,861 330 23,056 23,749 23,782

 Total Trust Fund Receipts and Outlays 

 and Investments Held from Table 6-D.................................................................... 69,500 118,945 -49,445 1,474,267 1,368,240 106,027 4,256,172 4,387,520 4,385,960

Less: Interfund Transactions........................................................................................... -3,040 -3,040 ...... 716,040 716,040 ...... 

Trust Fund Receipts and Outlays on the Basis 

 of Tables 4 & 5 .............................................................................................................. 72,540 121,984 -49,445 758,227 652,200 106,027 

Total Federal Fund Receipts and Outlays................................................................... 112,119 132,278 -20,159 1,251,293 2,331,160 -1,079,867 

 Less: Interfund Transactions......................................................................................... 73 73 ...... 853 853 ...... 

Federal Fund Receipts and Outlays on the 

 Basis of Table 4 & 5....................................................................................................... 112,046 132,205 -20,159 1,250,440 2,330,307 -1,079,867 

Net Budget Receipts & Outlays ................................................................................... 184,585 254,190 -69,604 2,008,667 2,982,507 -973,840 

Note: Interfund receipts and outlays are transactions between Federal funds and trust 

funds such as Federal payments and contributions, and interest and profits on investments 

in Federal securities. They have no net effect on overall budget receipts and outlays since 

the receipt side of such transactions is offset against budget outlays. In this table, Interfund 

receipts are shown as an adjustment to arrive at total receipts and outlays of trust funds 

respectively. 

... No Transactions 

Note: Details may not add to totals due to rounding. 

Table 9. Summary of Receipts by Source, and Outlays by Function of the U.S. Government, July 2012 and Other Periods 

[$ millions] 

Classification This Month Fiscal Year 

to Date 

Comparable Period 

Prior Fiscal Year 

Receipts 

Individual Income Taxes .................................................................................................................. 87,701 928,172 890,652 

Corporation Income Taxes............................................................................................................... 6,511 182,440 140,541 

Social Insurance and Retirement Receipts: 

 Employment and General Retirement............................................................................................ 58,278 648,569 634,866 

 Unemployment Insurance.............................................................................................................. 9,099 59,697 47,337 

 Other Retirement ........................................................................................................................... 284 3,096 3,376 

Excise Taxes ................................................................................................................................... 7,063 62,775 57,276 

Estate and Gift Taxes ...................................................................................................................... 1,011 11,520 6,997 

Customs Duties ............................................................................................................................... 2,913 24,789 24,000 

Miscellaneous Receipts ................................................................................................................... 11,725 87,609 88,051 

 Total.......................................................................................................................................... 184,585 2,008,667 1,893,096 

Net Outlays 

National Defense ............................................................................................................................. 51,825 564,361 583,246 

International Affairs.......................................................................................................................... 4,286 41,607 35,783 

General Science, Space, and Technology....................................................................................... 3,034 23,835 24,326 

Energy ............................................................................................................................................. 953 12,358 13,121 

Natural Resources and Environment ............................................................................................... 3,354 32,085 35,889 

Agriculture ....................................................................................................................................... 329 18,291 19,629 

Commerce and Housing Credit........................................................................................................ -1,827 33,601 -17,165 

Transportation ................................................................................................................................. 7,750 74,566 74,006 

Community and Regional Development........................................................................................... 2,016 22,318 19,444 

Education, Training, Employment and Social Services .................................................................... 7,272 73,373 81,330 

Health .............................................................................................................................................. 28,073 288,880 316,534 

Medicare.......................................................................................................................................... 24,376 387,455 385,459 

Income Security............................................................................................................................... 31,421 465,686 508,787 

Social Security................................................................................................................................. 65,075 642,340 608,373 

Veterans Benefits and Services....................................................................................................... 5,684 101,904 101,005 

Administration of Justice.................................................................................................................. 4,551 47,944 47,558 

General Government ....................................................................................................................... 2,335 18,979 16,782 

Net Interest...................................................................................................................................... 20,196 215,183 212,927 

Undistributed Offsetting Receipts .................................................................................................... -6,515 -82,259 -74,035 

 Total.......................................................................................................................................... 254,190 2,982,507 2,992,998 

Note: Details may not add to totals due to rounding.
35

Explanatory Notes 

1. Flow of Data into Monthly Treasury Statement 

The Monthly Treasury Statement (MTS) is assembled from data in the 

central accounting system. The major sources of data include monthly 

accounting reports by Federal entities and disbursing officers, and daily 

reports from the Federal Reserve banks. These reports detail accounting 

transactions affecting receipts and outlays of the Federal Government and 

off-budget Federal entities, and their related effect on the assets and 

liabilities of the U.S. Government. Information is presented in the MTS on 

a modified cash basis. 

2. Notes on Receipts 

Receipts included in the report are classified into the following major 

categories: (1) budget receipts and (2) offsetting collections (also called 

applicable receipts). Budget receipts are collections from the public that 

result from the exercise of the Government's sovereign or governmental 

powers, excluding receipts offset against outlays. These collections, also 

called governmental receipts, consist mainly of tax receipts (including 

social insurance taxes), receipts from court fines, certain licenses, and 

deposits of earnings by the Federal Reserve System. Refunds of receipts 

are treated as deductions from gross receipts. 

Offsetting collections are from other Government accounts or the public 

that are of a business-type or market-oriented nature. They are classified 

into two major categories: (1) offsetting collections credited to 

appropriations or fund accounts, and (2) offsetting receipts (i.e., amounts 

deposited in receipt accounts). Collections credited to appropriation or 

fund accounts normally can be used without appropriation action by 

Congress. These occur in two instances: (1) when authorized by law, 

amounts collected for materials or services are treated as 

reimbursements to appropriations and (2) in the three types of revolving 

funds (public enterprise, intra governmental, and trust); collections are 

netted against spending, and outlays are reported as the net amount. 

Offsetting receipts in receipt accounts cannot be used without being 

appropriated. They are subdivided into two categories: (1) proprietary 

receipts - these collections are from the public and they are offset against 

outlays by agency and by function, and (2) intra governmental funds - 

these are payments into receipt accounts from Governmental 

appropriation or fund accounts. The transactions may be intrabudgetary 

when the payment and receipt both occur within the budget or from 

receipts from off-budget Federal entities in those cases where payment is 

made by a Federal entity whose budget authority and outlays are excluded 

from the budget totals. 

Intrabudgetary transactions are subdivided into three categories: (1) 

interfund transactions, where the payments are from one fund group 

(either Federal funds or trust funds) to a receipt account in the other fund 

group; (2) Federal intrafund transactions, where the payments and 

receipts both occur within the Federal fund group; and (3) trust intrafund 

transactions, where the payments and receipts both occur within the trust 

fund group. 

Offsetting receipts are generally deducted from budget authority and 

outlays by function, by subfunction, or by agency. There are four types of 

receipts, however, that are deducted from budget totals as undistributed 

offsetting receipts. They are: (1) agencies' payments (including payments 

by off-budget Federal entities) as employers into employees retirement 

funds, (2)interest received by trust funds, (3) rents and royalties on the 

Outer Continental Shelf lands, and(4) other interest (i.e., interest collected 

on Outer Continental Shelf money in deposit funds when such money is 

transferred into the budget). 

3. Notes on Outlays 

Outlays are generally accounted for on the basis of checks issued, 

electronic funds transferred, or cash payments made. Certain outlays do 

not require issuance of cash or checks. An example is charges made 

against appropriations for that part of employees' salaries withheld for 

taxes or savings bond allotments - these are counted as payments to the 

employee and credits for whatever purpose the money was withheld. 

Outlays are stated net of offsetting collections (including receipts of 

revolving and management funds) and of refunds. Interest on the public 

debt (public issues) is recognized on the accrual basis. Federal credit 

programs subject to the Federal Credit Reform Act of 1990 use the cash 

basis of accounting and are divided into two components. The portion of 

the credit activities that involve a cost to the Government (mainly 

subsidies) is included within the budget program accounts. The remaining 

portion of the credit activities are in non-budget financing accounts. 

Outlays of off-budget Federal entities are excluded by law from budget 

totals. However, they are shown separately and combined with the onbudget outlays to display total Federal outlays. 

4. Processing 

The data on payments and collections are reported by account symbol 

into the central accounting system. In turn, the data are extracted from 

this system for use in the preparation of the MTS. 

There are two major checks which are conducted to assure consistency 

of the data reported: 

1. Verification of payment data. The monthly payment activity reported by 

Federal entities on the Statements of Transactions is compared to the 

payment activity of Federal entities as reported by disbursing officers. 

2. Verification of collection data. Reported collections appearing on 

Statements of Transactions are compared to deposits as reported by 

Federal Reserve Banks. 

5. Other Sources of Information About Federal Government Financial 

Activities 

 A Glossary of Terms Used in the Federal Budget Process, September 

2005 (Available from the U.S. Government Accountability Office, at 

http://www.gao.gov/assets/80/76911.pdf, or by calling 202-512-

6000. This glossary provides a basic reference document of 

standardized definitions of terms used by the Federal Government in 

the budget making process. 

 Daily Treasury Statement (Available on the internet at 

http://www.fms.treas.gov/dts/). The Daily Treasury Statement is 

published each working day of the Federal Government and provides 

data on the cash and debt operations of the Treasury. 

 Monthly Statement of the Public Debt of the United States

(Available on the internet at http://www.treasurydirect.gov/ 

govt/reports/pd/mspd/mspd.htm). This publication provides 

detailed information concerning the public debt. 

 Treasury Bulletin (Available from GPO, Washington, D.C. 20401 on a 

subscription or single copy and on the internet at 

http://fms.treas.gov/bulletin/index.html). Quarterly, contains a mix 

of narrative, tables, and charts on Treasury issues, Federal financial 

operations, international statistics, and special reports. 

 Budget of the United States Government, Fiscal Year 20__ (Available 

from GPO, Washington, D.C. 20401 on a subscription basis only and 

on the internet at http://www.access.gpo.gov/usbudget). This 

publication is a single volume which provides budget information and 

contains: 

- Appendix, The Budget of the United States Government, FY 

20__ 

- The United States Budget in Brief, FY 20__ 

- Analytical Perspectives 

- Historical Tables 

 Combined Statement of Receipts, Outlays, and Balances of the 

United States Government (Available from Financial Management 

Services, U.S. Department of Treasury, Washington, D.C. 20227 and 

on the internet at http://fms.treas.gov/annualreport/index.html). 

This report includes budgetary results at the summary level and 

presents individual receipt and appropriation accounts at the detail 

level. 
36

Scheduled Release

The release date for the August 2012 Statement 

will be 2:00 p.m. EST September 13, 2012. 

Internet service subscribers can access the current issue of the Monthly Treasury Statement through the 

Financial Management Service’s website: 

http://www.fms.treas.gov/mts/index.html