Monthly Treasury Statement 

of Receipts and Outlays 

of the United States Government 

 

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

Highlight 

Military active duty and retirement pay, veterans’ benefits and supplemental security 

income payments for January 1, 2012 were accelerated to December 30, 2011. 

RECEIPTS

OUTLAYS

DEFICIT

-400

-200

0

200

400

600

800

1,000

1,200

B

I

L

L

I

O

N

S

RECEIPTS, OUTLAYS, AND 

SURPLUS/DEFICIT THROUGH 

JANUARY 2012

 

Contents 

Summary, page 2 

Receipts, page 6 

Outlays, page 7 

Means of financing, page 20 

Receipts/outlays by month, page 32 

Federal trust funds/securities, page 34 

Receipts by source/outlays by 

 function, page 34 

Explanatory notes, page 35 

Compiled and Published by 

Department of the Treasury 

Financial Management Service 
2

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.............................................................. 240,153 302,911 62,758 

 Year-to-Date ........................................................ 2,302,495 3,599,297 1,296,803 

FY 2012 

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

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

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

 January................................................................... 234,319 261,731 27,412 

 Year-to-Date ........................................................ 789,756 1,138,903 349,147 

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

Table 2. Summary of Budget and Off-Budget Results and Financing of the U.S. Government, January 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....................................................................................................... 234,319 789,756 2,673,576 758,347 2,964,407 

 On-Budget Receipts .......................................................................................... 178,871 614,897 2,022,384 567,470 2,242,992 

 Off-Budget Receipts ........................................................................................... 55,448 174,859 651,192 190,877 721,415 

Total Outlays ........................................................................................................ 261,731 1,138,903 3,670,035 1,177,103 3,693,071 

 On-Budget Outlays ............................................................................................ 217,658 999,581 3,082,762 1,018,894 3,034,486 

 Off-Budget Outlays ............................................................................................. 44,073 139,323 587,273 158,209 658,585 

Total Surplus (+) or Deficit (-)................................................................................ -27,412 -349,147 2-996,459 -418,756 3-647,519 

 On-Budget Surplus (+) or Deficit (-) ................................................................... -38,787 -384,684 2-1,020,374 -451,424 3-710,349 

 Off-Budget Surplus (+) or Deficit (-) .................................................................... 11,375 35,537 63,919 32,667 62,830 

Total On-Budget and Off-Budget Financing.......................................................... 27,412 349,147 996,459 418,756 647,519 

Means of Financing: 

 Borrowing from the Public................................................................................... 124,724 450,689 1,043,373 461,243 818,345 

 Reduction of Operating Cash, Increase (-).......................................................... -72,859 -100,506 ...... -39,306 ...... 

 By Other Means.................................................................................................. -24,453 -1,036 -86,918 -3,181 -170,826 

3

Includes the effects of the deficit reduction allowance of $81,145 million for FY 2013. 1These estimates are based on the FY 2012 Mid-Session Review, released by the 

Office of Management and Budget on September 1, 2011. ... No Transactions

2

Includes the effects of the deficit reduction allowance of $40,004 million for FY 2012. 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 

Receipts

Outlays

Deficit (-) /Surplus

-300

-200

-100

0

100

200

300

400

Oct

FY

2011

Dec Feb Apr Jun Aug Oct

FY

2012

Dec

[ $ billions]

Jan 
4

Figure 2. Monthly Receipts of the U.S. Government, by Source, Fiscal Years 2011 and 2012 

Other Taxes and Receipts

Income Taxes

Social Security & Retirement

Total Receipts

0

50

100

150

200

250

300

Oct

FY

2011

Dec Feb Apr Jun Aug Oct

FY

2012

Dec

[$ billions]

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

Net Interest

National Defense

Other Non-Defense

Social Security & M edicare

Total Outlays

-50

0

50

100

150

200

250

300

350

Oct

FY

2011

Dec Feb Apr Jun Aug Oct

FY

2012

Dec

[ $ billions]

Jan 

Jan 
5

Table 3. Summary of Receipts and Outlays of the U.S. Government, January 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 ......................................................................................................... 133,424 403,794 384,994 1,208,547 

Corporation Income Taxes...................................................................................................... 4,549 60,162 39,577 332,820 

Social Insurance and Retirement Receipts: 

 Employment and General Retirement (Off-Budget) .............................................................. 55,448 174,859 190,877 651,192 

 Employment and General Retirement (On-Budget) .............................................................. 19,375 67,685 62,960 204,149 

 Unemployment Insurance..................................................................................................... 4,169 15,502 11,955 54,963 

 Other Retirement .................................................................................................................. 290 1,248 1,401 4,050 

Excise Taxes .......................................................................................................................... 5,771 23,569 21,907 79,279 

Estate and Gift Taxes ............................................................................................................. 947 3,938 -81 12,365 

Customs Duties ...................................................................................................................... 2,268 9,955 9,794 33,552 

Miscellaneous Receipts .......................................................................................................... 8,079 29,044 34,963 92,659 

 Total Receipts ................................................................................................................... 234,319 789,756 758,347 2,673,576 

 (On-Budget)..................................................................................................................... 178,871 614,897 567,470 2,022,384 

 (Off-Budget)..................................................................................................................... 55,448 174,859 190,877 651,192 

Budget Outlays 

Legislative Branch .................................................................................................................. 366 1,557 1,623 5,318 

Judicial Branch ....................................................................................................................... 572 2,276 2,326 7,555 

Department of Agriculture....................................................................................................... 13,496 56,574 253,479 149,134 

Department of Commerce....................................................................................................... 811 3,582 3,413 11,314 

Department of Defense-Military Programs.............................................................................. 47,420 219,691 2234,144 708,112 

Department of Education ........................................................................................................ 367 17,508 30,896 78,082 

Department of Energy............................................................................................................. 2,593 11,644 11,477 42,662 

Department of Health and Human Services............................................................................ 63,424 258,780 287,140 882,845 

Department of Homeland Security.......................................................................................... 3,397 17,732 15,344 44,859 

Department of Housing and Urban Development ................................................................... 3,626 15,817 16,714 46,873 

Department of the Interior....................................................................................................... 940 4,185 4,547 13,924 

Department of Justice............................................................................................................. 2,463 10,661 10,634 31,947 

Department of Labor............................................................................................................... 10,321 37,503 48,479 89,407 

Department of State................................................................................................................ 1,796 9,372 8,065 32,729 

Department of Transportation................................................................................................. 4,897 25,646 26,354 80,732 

Department of the Treasury: 

 Interest on Treasury Debt Securities (Gross)........................................................................ 21,106 168,700 169,362 466,449 

 Other .................................................................................................................................... 4,163 25,940 25,405 95,495 

Department of Veterans Affairs............................................................................................... 5,732 36,235 39,391 127,850 

Corps of Engineers................................................................................................................. 580 2,899 3,731 8,243 

Other Defense Civil Programs ................................................................................................ 1,049 14,537 17,886 52,200 

Environmental Protection Agency........................................................................................... 910 3,335 3,918 9,370 

Executive Office of the President............................................................................................ 29 120 157 468 

General Services Administration............................................................................................. -5 451 443 1,982 

International Assistance Program........................................................................................... 3,088 9,195 5,482 25,630 

National Aeronautics and Space Administration ..................................................................... 975 5,399 5,859 18,667 

National Science Foundation.................................................................................................. 564 2,280 2,248 7,519 

Office of Personnel Management ........................................................................................... 6,946 25,924 24,472 76,622 

Small Business Administration................................................................................................ 101 411 499 1,174 

Social Security Administration ................................................................................................ 64,416 261,761 255,580 822,867 

Other Independent Agencies .................................................................................................. 3,244 15,719 -3,800 39,100 

Allowances ............................................................................................................................. ...... ...... ...... -31,073 

Undistributed Offsetting Receipts: 

 Interest.................................................................................................................................. -1,058 -85,409 -89,038 -180,085 

 Other .................................................................................................................................... -6,598 -41,119 -39,124 -97,936 

 Total Outlays..................................................................................................................... 261,731 1,138,903 1,177,103 3,670,035 

 (On-Budget)..................................................................................................................... 217,658 999,581 1,018,894 3,082,762 

 (Off-Budget)..................................................................................................................... 44,073 139,323 158,209 587,273 

 Surplus (+) or Deficit (-).................................................................................................... -27,412 -349,147 -418,756 3-996,459 

 (On-Budget)..................................................................................................................... -38,787 -384,684 -451,424 3-1,020,374 

 (Off-Budget)..................................................................................................................... 11,375 35,537 32,667 63,919 

1

These estimates are based on the FY 2012 Mid-Session Review, released by the Office of 

Management and Budget on September 1, 2011. 

2

Outlays have been increased for the Department of Agriculture and correspondingly 

decreased by $4 million for the Department of Defense-Military Programs to reflect 

additional reporting by the Department of Agriculture for the month of September 2011. 

3

Includes the effects of the deficit reduction allowance of $40,004 million for FY 2012. 

... No Transactions 

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

Table 4. Receipts of the U.S. Government, January 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.......................................................................................................... 89,909 348,690 339,490 

 Presidential Election Campaign Fund ............................................................. (**) 2 2 

 Other .............................................................................................................. 50,103 80,363 74,518 

 Total--Individual Income Taxes.................................................................. 140,012 6,588 133,424 429,056 25,262 403,794 414,010 29,016 384,994 

Corporation Income Taxes............................................................................. 8,019 3,470 4,549 76,283 16,121 60,162 70,454 30,877 39,577 

Social Insurance and Retirement Receipts: 

 Employment and General Retirement: 

 Federal Old-Age and Survivors Ins. Trust Fund: 

 Federal Insurance Contributions Act Taxes ................................................ 42,957 ...... 42,957 150,145 ...... 150,145 168,814 ...... 168,814 

 Self-Employment Contributions Act Taxes.................................................. 4,440 ...... 4,440 5,014 ...... 5,014 5,790 ...... 5,790 

 Adjustments Attributable to Prior Years ...................................................... ...... ...... ...... -5,690 ...... -5,690 -11,402 ...... -11,402 

 Total--FOASI Trust Fund .......................................................................... 47,397 ...... 47,397 149,469 ...... 149,469 163,202 ...... 163,202 

 Federal Disability Insurance Trust Fund: 

 Federal Insurance Contributions Act Taxes ................................................ 7,297 ...... 7,297 25,504 ...... 25,504 28,625 ...... 28,625 

 Self-Employment Contributions Act Taxes.................................................. 754 ...... 754 851 ...... 851 984 ...... 984 

 Adjustments Attributable to Prior Years ...................................................... ...... ...... ...... -965 ...... -965 -1,935 ...... -1,935 

 Total--FDI Trust Fund ............................................................................... 8,051 ...... 8,051 25,390 ...... 25,390 27,674 ...... 27,674 

 Federal Hospital Insurance Trust Fund: 

 Federal Insurance Contributions Act Taxes ................................................ 16,601 ...... 16,601 64,514 ...... 64,514 62,317 ...... 62,317 

 Self-Employment Contributions Act Taxes.................................................. 2,377 ...... 2,377 2,685 ...... 2,685 2,541 ...... 2,541 

 Adjustments Attributable to Prior Years ...................................................... ...... ...... ...... -1,001 ...... -1,001 -3,446 ...... -3,446 

 Total--FHI Trust Fund ............................................................................... 18,978 ...... 18,978 66,198 ...... 66,198 61,412 ...... 61,412 

 Railroad Retirement : 

 Rail Pension and Supplemental Annuity ..................................................... 221 (**) 221 750 1 750 772 (**) 772 

 Social Security Equivalent Account............................................................. 176 (**) 176 738 1 737 776 (**) 776 

 Total--Employment and General Retirement:............................................ 74,823 (**) 74,823 242,545 1 242,544 253,837 (**) 253,837 

 Unemployment Insurance: 

 Deposits by States........................................................................................ 1,875 ...... 1,875 12,559 ...... 12,559 10,106 ...... 10,106 

 Federal Unemployment Tax Act Taxes......................................................... 2,248 -1 2,248 2,847 8 2,839 1,813 13 1,799 

 Railroad Unemployment Taxes..................................................................... 45 ...... 45 104 ...... 104 49 ...... 49 

 Total--Unemployment Insurance................................................................. 4,168 -1 4,169 15,510 8 15,502 11,968 13 11,955 

 Other Retirement: 

 Federal Employees Retirement - Employee Share ....................................... 288 ...... 288 1,239 ...... 1,239 1,391 ...... 1,391 

 Non-Federal Employees Retirement............................................................. 2 ...... 2 9 ...... 9 10 ...... 10 

 Total--Other Retirement.............................................................................. 290 ...... 290 1,248 ...... 1,248 1,401 ...... 1,401 

 Total--Social Insurance and Retirement Receipts................................ 79,281 -1 79,281 259,304 10 259,294 267,206 13 267,192 

Excise Taxes: 

 Miscellaneous Excise Taxes........................................................................... 1,947 164 1,783 9,496 707 8,789 9,305 609 8,696 

 Airport and Airway Trust Fund ........................................................................ 870 ...... 870 3,241 ...... 3,241 2,942 ...... 2,942 

 Highway Trust Fund........................................................................................ 3,071 ...... 3,071 11,365 ...... 11,365 10,100 ...... 10,100 

 Black Lung Disability Trust Fund..................................................................... 47 ...... 47 174 ...... 174 169 ...... 169 

 Total--Excise Taxes .................................................................................... 5,935 164 5,771 24,276 707 23,569 22,516 609 21,907 

Estate and Gift Taxes ..................................................................................... 961 14 947 4,068 130 3,938 1,201 1,281 -81 

Customs Duties .............................................................................................. 2,638 370 2,268 10,892 936 9,955 10,151 357 9,794 

Miscellaneous Receipts: 

 Deposits of Earnings by Federal Reserve Banks............................................ 6,504 ...... 6,504 22,359 ...... 22,359 27,848 ...... 27,848 

 Universal Service Fund................................................................................... 790 ...... 790 3,071 ...... 3,071 2,787 ...... 2,787 

 All Other.......................................................................................................... 787 1 785 3,623 9 3,615 4,343 15 4,328 

 Total -- Miscellaneous Receipts................................................................. 8,080 1 8,079 29,053 9 29,044 34,978 15 34,963 

 Total -- Receipts.......................................................................................... 244,925 10,606 234,319 832,931 43,175 789,756 820,515 62,168 758,347 

 Total -- On-Budget ...................................................................................... 189,477 10,606 178,871 658,072 43,175 614,897 629,639 62,168 567,470 

 Total -- Off-Budget ...................................................................................... 55,448 ...... 55,448 174,859 ...... 174,859 190,877 ...... 190,877 

... 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, January 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 ..................................................................................................................... 71 1 70 303 2 301 308 1 307 

 House of Representatives........................................................................................ 117 (**) 117 484 1 483 477 (**) 477 

 Joint Items ............................................................................................................... 1 ...... 1 6 ...... 6 6 ...... 6 

 Capitol Police........................................................................................................... 26 ...... 26 113 ...... 113 134 ...... 134 

 Congressional Budget Office ................................................................................... 3 ...... 3 16 ...... 16 16 ...... 16 

 Architect of the Capitol............................................................................................. 44 (**) 44 183 1 182 173 1 172 

 Library of Congress ................................................................................................. 43 (**) 43 228 2 226 229 3 226 

 Government Printing Office...................................................................................... 26 ...... 26 32 ...... 32 55 ...... 55 

 Government Accountability Office............................................................................ 39 ...... 39 179 ...... 179 196 ...... 196 

 United States Tax Court........................................................................................... 4 ...... 4 16 ...... 16 17 ...... 17 

 Other Legislative Branch Agencies .......................................................................... -7 ...... -7 20 ...... 20 30 ...... 30 

 Proprietary Receipts from the Public........................................................................ ...... 1 -1 ...... 8 -8 ...... 8 -8 

 Intrabudgetary Transaction...................................................................................... (**) ...... (**) -10 ...... -10 -5 ...... -5 

 Total--Legislative Branch.................................................................................... 368 2 366 1,570 13 1,557 1,636 13 1,623 

Judicial Branch: 

 Supreme Court of the United States ........................................................................ 7 ...... 7 28 ...... 28 32 ...... 32 

 Courts of Appeals, District Courts, and Other 

 Judicial Services..................................................................................................... 562 ...... 562 2,261 ...... 2,261 2,295 ...... 2,295 

 Other ....................................................................................................................... 103 ...... 103 158 ...... 158 56 ...... 56 

 Proprietary Receipts from the Public........................................................................ ...... 15 -15 ...... 44 -44 ...... 32 -32 

 Intrabudgetary Transactions .................................................................................... -85 ...... -85 -127 ...... -127 -25 ...... -25 

 Total--Judicial Branch ......................................................................................... 587 15 572 2,320 44 2,276 2,358 32 2,326 

Department of Agriculture: 

 Agricultural Research Service.................................................................................. 100 ...... 100 410 ...... 410 428 ...... 428 

 National Institute of Food and Agriculture: 

 Research and Education Activities......................................................................... 45 ...... 45 234 ...... 234 205 ...... 205 

 Extension Activities................................................................................................ 29 ...... 29 157 ...... 157 132 ...... 132 

 Other ..................................................................................................................... 8 ...... 8 29 ...... 29 26 ...... 26 

 Animal and Plant Health Inspection Service ............................................................ 74 ...... 74 346 ...... 346 371 ...... 371 

 Food Safety and Inspection Service ........................................................................ 62 ...... 62 331 ...... 331 346 ...... 346 

 Agricultural Marketing Service ................................................................................. 87 ...... 87 361 ...... 361 678 ...... 678 

 Risk Management Agency: 

 Administrative and Operating Expenses ................................................................ 8 ...... 8 29 ...... 29 27 ...... 27 

 Federal Crop Insurance Corporation Fund............................................................. 1,382 19 1,364 5,561 2,927 2,634 2,365 1,947 418 

 Farm Service Agency: 

 Salaries and Expenses .......................................................................................... 125 ...... 125 410 ...... 410 522 ...... 522 

 USDA Supplemental Assistance............................................................................ (**) ...... (**) (**) ...... (**) 20 ...... 20 

 Agricultural Disaster Relief Fund............................................................................ 99 ...... 99 233 ...... 233 542 ...... 542 

 Commodity Credit Corporation .............................................................................. 2,226 1,934 291 13,664 4,359 9,305 15,792 4,796 10,996 

 Tobacco Trust Fund............................................................................................... 7 ...... 7 241 ...... 241 237 ...... 237 

 Agricultural Credit Insurance Fund......................................................................... 11 30 -19 111 95 16 46 116 -70 

 Other ..................................................................................................................... 3 ...... 3 14 ...... 14 16 ...... 16 

 Total--Farm Service Agency ................................................................................ 2,471 1,964 507 14,673 4,454 10,219 17,174 4,912 12,262 

 Natural Resources Conservation Service: 

 Conservation Operations ....................................................................................... 105 ...... 105 362 ...... 362 314 ...... 314 

 Farm Security and Rural Investment Programs ..................................................... 341 ...... 341 1,247 ...... 1,247 1,108 ...... 1,108 

 Other ..................................................................................................................... 12 ...... 12 72 ...... 72 126 ...... 126 

 Rural Development .................................................................................................. -278 ...... -278 -186 ...... -186 221 ...... 221 

 Rural Housing Service: 

 Rural Housing Insurance Fund .............................................................................. 330 54 276 466 213 253 42 234 -192 

 Rental Assistance Program ................................................................................... 92 ...... 92 366 ...... 366 353 ...... 353 

 Other ..................................................................................................................... 22 ...... 22 75 ...... 75 90 ...... 90 

 Rural Utilities Service: 

 Rural Electrification and Telecommunications Fund .............................................. 44 -30 74 90 687 -597 106 1,123 -1,017 

 Other ..................................................................................................................... 126 31 95 552 94 458 347 88 259 

 Foreign Agricultural Service..................................................................................... 174 ...... 174 587 ...... 587 693 ...... 693 

 Food and Nutrition Service: 

 Supplemental Nutrition Assistance Program.......................................................... 6,916 ...... 6,916 27,139 ...... 27,139 25,241 ...... 25,241 

 Child Nutrition Programs........................................................................................ 2,142 ...... 2,142 7,416 ...... 7,416 6,388 ...... 6,388 

 Special Supplemental Nutrition Program for 

 Women, Infants, and Children (WIC) .................................................................... 576 ...... 576 2,352 ...... 2,352 2,297 ...... 2,297 

 Other ..................................................................................................................... 74 ...... 74 221 ...... 221 216 ...... 216 

 Total--Food and Nutrition Service ........................................................................ 9,709 ...... 9,709 37,127 ...... 37,127 34,143 ...... 34,143 

 Forest Service: 

 National Forest System.......................................................................................... 102 ...... 102 493 ...... 493 516 ...... 516 

 Capital Improvement and Maintenance ................................................................. 34 ...... 34 228 ...... 228 361 ...... 361 

 Wildland Fire Management.................................................................................... 102 ...... 102 636 ...... 636 629 ...... 629 

 Forest Service Permanent Appropriations ............................................................. 317 ...... 317 365 ...... 365 447 ...... 447 

 Other ..................................................................................................................... 37 ...... 37 276 ...... 276 303 ...... 303 

 Total--Forest Service ........................................................................................... 592 ...... 592 1,998 ...... 1,998 2,257 ...... 2,257 

 Other ....................................................................................................................... 58 5 53 288 14 274 495 18 477 

 Proprietary Receipts from the Public........................................................................ ...... 103 -103 ...... 284 -284 ...... 1242 -242 

 Intrabudgetary Transactions .................................................................................... 47 ...... 47 72 ...... 72 -3 ...... -3 

 Total--Department of Agriculture........................................................................ 15,642 2,145 13,496 65,247 8,673 56,574 62,042 8,564 53,479 

 
8

Table 5. Outlays of the U.S. Government, January 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 ................................................................... 36 (**) 36 139 (**) 139 157 5 152 

 Bureau of the Census .............................................................................................. 79 ...... 79 422 ...... 422 683 ...... 683 

 International Trade Administration ........................................................................... 28 ...... 28 133 ...... 133 139 ...... 139 

 National Oceanic and Atmospheric Administration .................................................. 457 (**) 457 1,801 48 1,753 1,708 2 1,706 

 National Institute of Standards and Technology....................................................... 95 ...... 95 396 ...... 396 341 ...... 341 

 National Telecommunication and Information Administration................................... 100 ...... 100 517 ...... 517 190 ...... 190 

 Other ....................................................................................................................... 29 9 20 241 18 223 165 15 150 

 Proprietary Receipts from the Public........................................................................ ...... -3 3 ...... -5 5 ...... -13 13 

 Intrabudgetary Transactions .................................................................................... -6 ...... -6 -6 ...... -6 39 ...... 39 

 Total--Department of Commerce ........................................................................ 817 6 811 3,643 61 3,582 3,422 9 3,413 

Department of Defense-Military Programs: 

 Military Personnel: 

 Department of the Army......................................................................................... 2,632 ...... 2,632 23,404 ...... 23,404 28,073 ...... 28,073 

 Department of the Navy......................................................................................... 2,191 ...... 2,191 16,660 ...... 16,660 17,579 ...... 17,579 

 Department of the Air Force................................................................................... 1,738 ...... 1,738 12,417 ...... 12,417 13,432 ...... 13,432 

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

 Total--Military Personnel ...................................................................................... 6,560 ...... 6,560 57,857 ...... 57,857 64,034 ...... 64,034 

 Operation and Maintenance: 

 Department of the Army......................................................................................... 7,445 ...... 7,445 31,217 ...... 31,217 34,216 ...... 34,216 

 Department of the Navy......................................................................................... 4,808 ...... 4,808 18,474 ...... 18,474 17,472 ...... 17,472 

 Department of the Air Force................................................................................... 4,494 ...... 4,494 18,973 ...... 18,973 18,343 ...... 18,343 

 Defense Agencies.................................................................................................. 5,052 ...... 5,052 20,965 ...... 20,965 21,429 ...... 21,429 

 Total--Operation and Maintenance .................................................................... 21,799 ...... 21,799 89,629 ...... 89,629 91,460 ...... 91,460 

 International Reconstruction and Other Assistance: 

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

 Procurement: 

 Department of the Army......................................................................................... 2,258 ...... 2,258 12,345 ...... 12,345 13,688 ...... 13,688 

 Department of the Navy......................................................................................... 2,742 ...... 2,742 13,846 ...... 13,846 14,450 ...... 14,450 

 Department of the Air Force................................................................................... 7,328 ...... 7,328 13,362 ...... 13,362 14,399 ...... 14,399 

 Defense Agencies.................................................................................................. 670 ...... 670 2,798 ...... 2,798 2,580 ...... 2,580 

 Total--Procurement.............................................................................................. 12,997 ...... 12,997 42,351 ...... 42,351 45,117 ...... 45,117 

 Research, Development, Test, and Evaluation: 

 Department of the Army......................................................................................... 704 ...... 704 2,969 ...... 2,969 3,516 ...... 3,516 

 Department of the Navy......................................................................................... 1,233 ...... 1,233 5,224 ...... 5,224 5,988 ...... 5,988 

 Department of the Air Force................................................................................... 945 ...... 945 7,474 ...... 7,474 8,065 ...... 8,065 

 Defense Agencies.................................................................................................. 1,488 ...... 1,488 5,926 ...... 5,926 6,208 ...... 6,208 

 Total--Research, Development, Test, and Evaluation.......................................... 4,371 ...... 4,371 21,592 ...... 21,592 23,777 ...... 23,777 

 Military Construction: 

 Department of the Army......................................................................................... 336 ...... 336 1,773 ...... 1,773 1,966 ...... 1,966 

 Department of the Navy......................................................................................... 229 ...... 229 899 ...... 899 841 ...... 841 

 Department of the Air Force................................................................................... 131 ...... 131 559 ...... 559 594 ...... 594 

 Defense Agencies.................................................................................................. 458 ...... 458 2,197 ...... 2,197 3,585 ...... 3,585 

 Total--Military Construction .................................................................................. 1,154 ...... 1,154 5,427 ...... 5,427 6,986 ...... 6,986 

 Family Housing: 

 Department of the Army......................................................................................... 36 ...... 36 180 ...... 180 194 ...... 194 

 Department of the Navy......................................................................................... 29 ...... 29 127 ...... 127 167 ...... 167 

 Department of the Air Force................................................................................... 48 ...... 48 300 ...... 300 368 ...... 368 

 Defense Agencies.................................................................................................. 36 18 18 155 46 109 492 95 397 

 Revolving and Management Funds: 

 Department of the Navy......................................................................................... 105 ...... 105 556 ...... 556 490 ...... 490 

 Defense Agencies: 

 Working Capital Fund .......................................................................................... 171 ...... 171 1,398 ...... 1,398 1,027 ...... 1,027 

 Other.................................................................................................................... 23 ...... 23 121 ...... 121 174 ...... 174 

 Allowances .............................................................................................................. -2 ...... -2 1 ...... 1 -5 ...... -5 

 Trust Funds: 

 Department of the Army......................................................................................... 1 ...... 1 2 ...... 2 1 ...... 1 

 Department of the Navy......................................................................................... 3 ...... 3 9 ...... 9 8 ...... 8 

 Department of the Air Force................................................................................... (**) ...... (**) (**) ...... (**) 4 (**) 4 

 Defense Agencies.................................................................................................. 33 ...... 33 80 ...... 80 62 ...... 62 

 Proprietary Receipts from the Public: 

 Department of the Army......................................................................................... ...... -498 498 ...... -379 379 ...... 1-25 25 

 Department of the Navy......................................................................................... ...... 20 -20 ...... 153 -153 ...... 28 -28 

 Department of the Air Force................................................................................... ...... 326 -326 ...... 268 -268 ...... -24 24 

 Defense Agencies.................................................................................................. ...... -7 7 ...... 312 -312 ...... 210 -210 

 Intrabudgetary Transactions: 

 Department of the Army......................................................................................... 4 ...... 4 297 ...... 297 -5 ...... -5 

 Department of the Navy......................................................................................... -2 ...... -2 (**) ...... (**) 15 ...... 15 

 Department of the Air Force................................................................................... -101 ...... -101 -11 ...... -11 98 ...... 98 

 Defense Agencies.................................................................................................. 15 ...... 15 19 ...... 19 -35 ...... -35 

 Offsetting Governmental Receipts: 

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

 Defense Agencies.................................................................................................. ...... (**) (**) ...... (**) (**) ...... (**) (**) 

 Total--Department of Defense--Military Programs .......................................... 47,279 -142 47,420 220,090 399 219,691 234,429 285 234,144 

 
9

Table 5. Outlays of the U.S. Government, January 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..................................................... 1,232 ...... 1,232 5,200 ...... 5,200 5,341 ...... 5,341 

 Impact Aid.............................................................................................................. 243 ...... 243 584 ...... 584 528 ...... 528 

 Education Improvement Programs......................................................................... 350 ...... 350 1,648 ...... 1,648 1,736 ...... 1,736 

 State Fiscal Stabilization Fund, Recovery Act........................................................ 92 ...... 92 935 ...... 935 4,462 ...... 4,462 

 Other ..................................................................................................................... 322 ...... 322 1,191 ...... 1,191 1,245 ...... 1,245 

 Total--Office of Elementary and Secondary Education ........................................ 2,239 ...... 2,239 9,557 ...... 9,557 13,312 ...... 13,312 

 Office of Innovation and Improvement ..................................................................... 69 ...... 69 327 ...... 327 303 ...... 303 

 Office of Safe and Drug-Free Schools ..................................................................... 29 ...... 29 128 ...... 128 170 ...... 170 

 Office of English Language Acquisition.................................................................... 45 ...... 45 207 ...... 207 298 ...... 298 

 Office of Special Education and Rehabilitative Services: 

 Special Education.................................................................................................. 1,106 ...... 1,106 4,884 ...... 4,884 5,080 ...... 5,080 

 Rehabilitation Services and Disability Research .................................................... 262 ...... 262 1,142 ...... 1,142 1,227 ...... 1,227 

 Special Institutions for Persons with Disabilities .................................................... 1 ...... 1 40 ...... 40 68 ...... 68 

 Office of Vocational and Adult Education................................................................. 135 ...... 135 573 ...... 573 587 ...... 587 

 Office of Postsecondary Education: 

 Higher Education ................................................................................................... 179 ...... 179 777 ...... 777 823 ...... 823 

 Other ..................................................................................................................... -2 1 -3 40 7 32 83 6 77 

 Total--Office of Postsecondary Education............................................................ 177 1 176 816 7 809 906 6 900 

 Office of Federal Student Aid: 

 Student Financial Assistance................................................................................. 5,988 ...... 5,988 12,782 ...... 12,782 12,907 ...... 12,907 

 Academic Competitiveness-Smart Grant Program................................................. (**) ...... (**) 7 ...... 7 409 ...... 409 

 Student Aid Administration..................................................................................... 65 ...... 65 360 ...... 360 335 ...... 335 

 Federal Direct Student Loans ................................................................................ ...... ...... ...... ...... ...... ...... 5 ...... 5 

 Federal Family Education Loans............................................................................ -25 ...... -25 -91 ...... -91 -72 ...... -72 

 Other ..................................................................................................................... 6 ...... 6 9 ...... 9 8 ...... 8 

 Total--Office of Federal Student Aid..................................................................... 6,036 ...... 6,036 13,068 ...... 13,068 13,593 ...... 13,593 

 Institute of Education Sciences................................................................................ 49 ...... 49 211 ...... 211 194 ...... 194 

 Departmental Management ..................................................................................... 47 ...... 47 209 ...... 209 206 ...... 206 

 Hurricane Education Recovery ................................................................................ (**) ...... (**) 5 ...... 5 10 ...... 10 

 Proprietary Receipts from the Public........................................................................ ...... 9,844 -9,844 ...... 13,623 -13,623 ...... 5,074 -5,074 

 Intrabudgetary Transactions .................................................................................... 16 ...... 16 -30 ...... -30 23 ...... 23 

 Total--Department of Education ......................................................................... 10,212 9,845 367 31,138 13,630 17,508 35,977 5,080 30,896 

Department of Energy: 

 National Nuclear Security Administration: 

 Naval Reactors ...................................................................................................... 74 ...... 74 280 ...... 280 272 ...... 272 

 Weapons Activities ................................................................................................ 612 ...... 612 2,506 ...... 2,506 2,266 ...... 2,266 

 Defense Nuclear Nonproliferation.......................................................................... 168 ...... 168 751 ...... 751 666 ...... 666 

 Other ..................................................................................................................... 45 ...... 45 155 ...... 155 153 ...... 153 

 Environmental and Other Defense Activities: 

 Defense Environmental Cleanup ........................................................................... 486 ...... 486 2,095 ...... 2,095 2,493 ...... 2,493 

 Other Defense Activities ........................................................................................ 69 ...... 69 226 ...... 226 328 ...... 328 

 Defense Nuclear Waste Disposal .......................................................................... 1 ...... 1 5 ...... 5 13 ...... 13 

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

 Energy Programs: 

 Science.................................................................................................................. 434 ...... 434 1,862 ...... 1,862 1,873 ...... 1,873 

 Energy Supply ....................................................................................................... 222 ...... 222 864 ...... 864 734 ...... 734 

 Energy Efficiency and Renewable Energy ............................................................. 579 ...... 579 2,460 ...... 2,460 2,260 ...... 2,260 

 Fossil Energy Research and Development............................................................ 76 ...... 76 409 ...... 409 280 ...... 280 

 Uranium Enrichment Decontamination and Decommissioning Fund...................... 32 ...... 32 175 ...... 175 236 ...... 236 

 Advanced Technology Vehicles Manufacturing Loan Program.............................. 4 ...... 4 242 ...... 242 254 ...... 254 

 Title 17 Innovative Technology Loan Guarantee Program..................................... 41 ...... 41 175 ...... 175 22 ...... 22 

 Other ..................................................................................................................... 76 3 73 348 11 336 383 15 367 

 Total--Energy Programs....................................................................................... 1,464 3 1,461 6,535 11 6,524 6,044 15 6,028 

 Power Marketing Administration .............................................................................. 287 283 4 1,220 1,110 109 1,284 1,082 202 

 Departmental Administration.................................................................................... 18 ...... 18 123 ...... 123 129 ...... 129 

 Proprietary Receipts from the Public........................................................................ ...... 210 -210 ...... 682 -682 ...... 664 -664 

 Intrabudgetary Transactions .................................................................................... -135 ...... -135 -450 ...... -450 -411 ...... -411 

 Total--Department of Energy............................................................................... 3,089 496 2,593 13,447 1,804 11,644 13,238 1,761 11,477 

 
10

Table 5. Outlays of the U.S. Government, January 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 ................................................................................. 68 1 67 516 3 513 550 3 548 

 Health Resources and Services Administration ....................................................... 667 1 666 2,898 3 2,895 2,713 3 2,709 

 Indian Health Services............................................................................................. 303 ...... 303 1,183 ...... 1,183 1,411 ...... 1,411 

 Centers for Disease Control and Prevention............................................................ 673 ...... 673 2,312 ...... 2,312 2,200 ...... 2,200 

 National Institutes of Health..................................................................................... 2,603 ...... 2,603 10,505 ...... 10,505 11,048 ...... 11,048 

 Substance Abuse and Mental Health Services Administration................................. 206 ...... 206 855 ...... 855 903 ...... 903 

 Agency for Healthcare Research and Quality .......................................................... -13 ...... -13 134 ...... 134 67 ...... 67 

 Centers for Medicare and Medicaid Services: 

 Grants to States for Medicaid ................................................................................ 17,885 ...... 17,885 79,174 ...... 79,174 97,255 ...... 97,255 

 Payments to Health Care Trust Funds................................................................... 20,223 ...... 20,223 71,655 ...... 71,655 75,178 ...... 75,178 

 Children's Health Insurance Fund.......................................................................... 531 ...... 531 2,939 ...... 2,939 2,834 ...... 2,834 

 State Grants and Demonstrations.......................................................................... 55 ...... 55 179 ...... 179 179 ...... 179 

 Federal Hospital Insurance Trust Fund: 

 Benefit Payments................................................................................................. 19,429 ...... 19,429 74,988 ...... 74,988 76,234 ...... 76,234 

 Administrative Expenses...................................................................................... 589 ...... 589 1,540 ...... 1,540 909 ...... 909 

 Total--FHI Trust Fund ........................................................................................ 20,018 ...... 20,018 76,528 ...... 76,528 77,143 ...... 77,143 

 Health Care Fraud and Abuse Control................................................................... 79 ...... 79 376 ...... 376 456 ...... 456 

 Federal Supplementary Medical Insurance Trust Fund: 

 Benefit Payments................................................................................................. 16,759 ...... 16,759 68,702 ...... 68,702 71,880 ...... 71,880 

 Administrative Expenses...................................................................................... 369 ...... 369 1,295 ...... 1,295 860 ...... 860 

 Medicare Prescription Drugs: 

 Benefit Payments............................................................................................... 4,731 ...... 4,731 15,221 ...... 15,221 19,276 ...... 19,276 

 Administrative Expenses.................................................................................... 1 ...... 1 8 ...... 8 75 ...... 75 

 Total--FSMI Trust Fund...................................................................................... 21,859 ...... 21,859 85,226 ...... 85,226 92,091 ...... 92,091 

 Other ..................................................................................................................... 278 ...... 278 2,468 ...... 2,468 1,206 ...... 1,206 

 Total--Centers for Medicare and Medicaid Services ............................................ 80,930 ...... 80,930 318,545 ...... 318,545 346,342 ...... 346,342 

 Administration for Children and Families: 

 Temporary Assistance for Needy Families............................................................. 1,089 ...... 1,089 5,529 ...... 5,529 5,803 ...... 5,803 

 Contingency Fund.................................................................................................. 29 ...... 29 280 ...... 280 1,194 ...... 1,194 

 Payments to States for Child Support Enforcement 

 and Family Support Programs .............................................................................. 289 ...... 289 1,101 ...... 1,101 969 ...... 969 

 Low Income Home Energy Assistance .................................................................. 442 ...... 442 1,535 ...... 1,535 1,570 ...... 1,570 

 Refugee and Entrant Assistance............................................................................ 35 ...... 35 194 ...... 194 194 ...... 194 

 Child Care Entitlement to States............................................................................ 98 ...... 98 838 ...... 838 1,075 ...... 1,075 

 Payments to States for the Child Care 

 and Development Block Grant .............................................................................. 324 ...... 324 750 ...... 750 1,042 ...... 1,042 

 Social Services Block Grant................................................................................... 135 ...... 135 562 ...... 562 537 ...... 537 

 Children and Families Services Programs ............................................................. 799 ...... 799 3,309 ...... 3,309 3,683 ...... 3,683 

 Payments to States for Foster Care and Adoption Assistance............................... 517 ...... 517 2,295 ...... 2,295 2,342 ...... 2,342 

 Other ..................................................................................................................... 29 ...... 29 161 ...... 161 134 ...... 134 

 Total--Administration for Children and Families ................................................... 3,785 ...... 3,785 16,556 ...... 16,556 18,543 ...... 18,543 

 Administration on Aging........................................................................................... 89 ...... 89 446 ...... 446 537 ...... 537 

 Departmental Management ..................................................................................... 283 ...... 283 1,080 ...... 1,080 700 ...... 700 

 Other ....................................................................................................................... 38 ...... 38 149 ...... 149 285 ...... 285 

 Proprietary Receipts from the Public........................................................................ ...... 6,159 -6,159 ...... 24,903 -24,903 ...... 22,853 -22,853 

 Intrabudgetary Transactions: 

 Payments for Health Insurance for the Aged: 

 Federal Supplementary Medical Insurance Trust Fund........................................ -17,577 ...... -17,577 -69,007 ...... -69,007 -72,172 ...... -72,172 

 Payments for Tax and Other Credits: 

 Federal Hospital Insurance Trust Fund................................................................ -2,647 ...... -2,647 -2,650 ...... -2,650 -2,999 ...... -2,999 

 Other ..................................................................................................................... 178 ...... 178 167 ...... 167 -128 ...... -128 

 Total--Department of Health and Human Services............................................ 69,584 6,161 63,424 283,689 24,909 258,780 309,999 22,859 287,140 

Department of Homeland Security: 

 Departmental Management and Operations ............................................................ 100 ...... 100 389 ...... 389 384 ...... 384 

 Citizenship and Immigration Services ...................................................................... 199 ...... 199 857 ...... 857 842 ...... 842 

 United States Secret Service ................................................................................... 143 ...... 143 623 ...... 623 594 ...... 594 

 Transportation Security Administration .................................................................... 658 ...... 658 2,037 ...... 2,037 1,993 ...... 1,993 

 Immigration and Customs Enforcement................................................................... 417 ...... 417 1,969 ...... 1,969 1,865 ...... 1,865 

 Customs and Border Protection............................................................................... 917 ...... 917 4,113 ...... 4,113 3,890 ...... 3,890 

 United States Coast Guard...................................................................................... 594 1 593 3,362 4 3,358 3,584 4 3,580 

 National Protection and Programs Directorate......................................................... 86 ...... 86 504 ...... 504 511 ...... 511 

 Federal Emergency Management Agency: 

 State and Local Programs ..................................................................................... 217 ...... 217 974 ...... 974 853 ...... 853 

 Firefighter Assistance Grants................................................................................. 59 ...... 59 251 ...... 251 212 ...... 212 

 Disaster Relief ....................................................................................................... 396 ...... 396 2,528 ...... 2,528 1,885 ...... 1,885 

 National Flood Insurance Fund.............................................................................. 223 114 109 1,505 405 1,101 201 585 -384 

 Other ..................................................................................................................... 104 ...... 104 512 ...... 512 451 ...... 451 

 Total--Federal Emergency Management Agency................................................. 999 114 885 5,770 405 5,365 3,602 585 3,017 

 Science and Technology.......................................................................................... 53 ...... 53 282 ...... 282 296 ...... 296 

 Domestic Nuclear Detection Office .......................................................................... 33 ...... 33 126 ...... 126 138 ...... 138 

 Other ....................................................................................................................... 38 ...... 38 152 ...... 152 168 ...... 168 

 Proprietary Receipts from the Public........................................................................ ...... 12 -12 ...... 48 -48 ...... 114 -114 

 Intrabudgetary Transactions .................................................................................... 19 ...... 19 79 ...... 79 57 ...... 57 

 Offsetting Governmental Receipts ........................................................................... ...... 732 -732 ...... 2,077 -2,077 ...... 1,877 -1,877 

 Total--Department of Homeland Security .......................................................... 4,256 859 3,397 20,265 2,534 17,732 17,923 2,580 15,344 

 
11

Table 5. Outlays of the U.S. Government, January 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........................................................................... 1,464 ...... 1,464 5,914 ...... 5,914 6,147 ...... 6,147 

 Housing Certificate Fund ....................................................................................... 86 ...... 86 348 ...... 348 459 ...... 459 

 Project-Based Rental Assistance........................................................................... 732 ...... 732 2,997 ...... 2,997 2,779 ...... 2,779 

 Public Housing Capital Fund.................................................................................. 189 ...... 189 962 ...... 962 1,631 ...... 1,631 

 Public Housing Operating Fund ............................................................................. 325 ...... 325 1,588 ...... 1,588 1,672 ...... 1,672 

 Revitalization of Severely Distressed 

 Public Housing (Hope VI)...................................................................................... 6 ...... 6 32 ...... 32 53 ...... 53 

 Native American Housing Block Grant................................................................... 36 ...... 36 190 ...... 190 268 ...... 268 

 Other ..................................................................................................................... -2 ...... -2 3 ...... 3 1 ...... 1 

 Total--Public and Indian Housing Programs......................................................... 2,836 ...... 2,836 12,032 ...... 12,032 13,010 ...... 13,010 

 Community Planning and Development: 

 Housing Opportunities for Persons with AIDS........................................................ 24 ...... 24 91 ...... 91 114 ...... 114 

 Community Development Fund.............................................................................. 542 ...... 542 2,468 ...... 2,468 2,362 ...... 2,362 

 Home Investment Partnership Program................................................................. 139 ...... 139 619 ...... 619 1,263 ...... 1,263 

 Neighborhood Stabilization Program ..................................................................... 53 ...... 53 231 ...... 231 482 ...... 482 

 Homeless Assistance Grants................................................................................. 152 ...... 152 667 ...... 667 779 ...... 779 

 Other ..................................................................................................................... 10 ...... 10 35 (**) 35 30 (**) 30 

 Total--Community Planning and Development..................................................... 920 ...... 920 4,111 (**) 4,111 5,030 (**) 5,030 

 Housing Programs: 

 Credit Accounts: 

 FHA-Mutual Mortgage Insurance Fund, Program Account................................... 10 ...... 10 34 ...... 34 32 ...... 32 

 FHA-Mutual Mortgage Insurance Capital Reserve Account ................................. -388 ...... -388 -1,401 ...... -1,401 -2,390 ...... -2,390 

 FHA-Mutual Mortgage and Cooperative Housing 

 Insurance Fund, Liquidating Account.................................................................. 4 1 3 12 7 5 15 8 7 

 FHA-General and Special Risk Fund, Program Account...................................... (**) ...... (**) 1 ...... 1 5 ...... 5 

 FHA-General and Special Risk Fund, Liquidating Account .................................. 8 11 -3 45 71 -26 46 59 -13 

 Housing for the Elderly or Handicapped Fund, 

 Liquidating Account ............................................................................................ (**) 43 -43 1 184 -183 (**) 205 -204 

 Home Ownership Preservation Equity Fund .......................................................... (**) ...... (**) (**) ...... (**) 2 ...... 2 

 Housing for the Elderly........................................................................................... 69 ...... 69 282 ...... 282 320 ...... 320 

 Housing for Persons with Disabilities ..................................................................... 52 ...... 52 214 ...... 214 259 ...... 259 

 Other Assisted Housing Programs......................................................................... 5 ...... 5 16 ...... 16 16 ...... 16 

 Other ..................................................................................................................... 35 1 33 126 13 114 90 13 77 

 Total--Housing Programs..................................................................................... -204 57 -261 -671 275 -946 -1,604 285 -1,889 

 Government National Mortgage Association: 

 Guarantees of Mortgage-Backed Securities .......................................................... 17 5 12 85 20 65 71 47 24 

 Management and Administration ............................................................................. 147 ...... 147 577 ...... 577 598 ...... 598 

 Other ....................................................................................................................... 19 ...... 19 88 ...... 88 88 ...... 88 

 Proprietary Receipts from the Public: 

 FHA-General and Special Risk Fund ..................................................................... ...... 28 -28 ...... 100 -100 ...... 149 -149 

 Other ..................................................................................................................... ...... 1 -1 ...... 7 -7 ...... 1 -1 

 Intrabudgetary Transactions .................................................................................... -18 ...... -18 -3 ...... -3 4 ...... 4 

 Offsetting Governmental Receipts ........................................................................... ...... (**) (**) ...... 1 -1 ...... 1 -1 

 Total--Department of Housing and Urban Development................................... 3,718 92 3,626 16,219 403 15,817 17,197 483 16,714 

Department of the Interior: 

 Land and Minerals Management: 

 Bureau of Land Management: 

 Management of Lands and Resources ................................................................ 59 ...... 59 297 ...... 297 317 ...... 317 

 Other.................................................................................................................... 63 5 58 196 57 139 255 36 219 

 Bureau of Ocean Energy Management, 

 Regulation and Enforcement ................................................................................ -19 ...... -19 35 ...... 35 92 ...... 92 

 Office of Surface Mining Reclamation and Enforcement........................................ 168 ...... 168 410 ...... 410 418 ...... 418 

 Total--Land and Minerals Management ............................................................... 271 5 266 937 57 881 1,081 36 1,045 

 Water and Science: 

 Bureau of Reclamation: 

 Water and Related Resources............................................................................. 61 ...... 61 350 ...... 350 390 ...... 390 

 Other.................................................................................................................... 52 56 -4 174 123 51 196 99 97 

 United States Geological Survey ........................................................................... 97 ...... 97 426 ...... 426 429 ...... 429 

 Other ..................................................................................................................... (**) ...... (**) 8 ...... 8 6 ...... 6 

 Total--Water and Science .................................................................................... 210 56 155 959 123 836 1,021 99 922 

 Fish and Wildlife and Parks: 

 United States Fish and Wildlife Service ................................................................. 188 ...... 188 722 ...... 722 897 ...... 897 

 National Park Service ............................................................................................ 247 ...... 247 1,093 ...... 1,093 1,251 ...... 1,251 

 Total--Fish and Wildlife and Parks ....................................................................... 434 ...... 434 1,814 ...... 1,814 2,148 ...... 2,148 

 Bureau of Indian Affairs and 

 Bureau of Indian Education..................................................................................... 179 (**) 178 637 (**) 636 797 (**) 797 

 Departmental Offices: 

 Mineral Leasing and Associated Payments ........................................................... 152 ...... 152 724 ...... 724 595 ...... 595 

 Other ..................................................................................................................... 27 ...... 27 77 ...... 77 43 ...... 43 

 Insular Affairs........................................................................................................... 27 ...... 27 199 ...... 199 124 ...... 124 

 Office of the Special Trustee 

 for American Indians............................................................................................... 46 ...... 46 201 ...... 201 209 ...... 209 

 Department-Wide Programs .................................................................................... 96 ...... 96 732 ...... 732 375 ...... 375 

 Other ....................................................................................................................... 3 ...... 3 37 ...... 37 47 ...... 47 

 Proprietary Receipts from the Public........................................................................ 3 468 -465 8 1,938 -1,930 ...... 1,757 -1,757 

 Intrabudgetary Transactions .................................................................................... 21 ...... 21 -21 ...... -21 -2 ...... -2 

 Total--Department of the Interior........................................................................ 1,468 528 940 6,303 2,117 4,185 6,439 1,893 4,547 

 
12

Table 5. Outlays of the U.S. Government, January 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 ............................................................................................ 148 ...... 148 602 ...... 602 800 ...... 800 

 Legal Activities and United States Marshals: 

 General Legal Activities ......................................................................................... 97 ...... 97 308 ...... 308 310 ...... 310 

 United States Attorneys ......................................................................................... 167 ...... 167 707 ...... 707 665 ...... 665 

 United States Marshals Service............................................................................. 82 ...... 82 533 ...... 533 531 ...... 531 

 Assets Forfeiture Fund........................................................................................... 78 ...... 78 378 ...... 378 462 ...... 462 

 Other ..................................................................................................................... 44 ...... 44 177 ...... 177 165 ...... 165 

 Federal Bureau of Investigation ............................................................................... 642 ...... 642 2,790 ...... 2,790 2,638 ...... 2,638 

 Drug Enforcement Administration ............................................................................ 168 ...... 168 760 ...... 760 820 ...... 820 

 Bureau of Alcohol, Tobacco, Firearms, and Explosives ........................................... 92 ...... 92 382 ...... 382 362 ...... 362 

 Federal Prison System ............................................................................................ 534 29 504 2,405 120 2,285 2,380 115 2,265 

 Office of Justice Programs: 

 State and Local Law Enforcement Assistance ....................................................... 118 ...... 118 749 ...... 749 858 ...... 858 

 Community Oriented Policing Services.................................................................. 82 ...... 82 197 ...... 197 217 ...... 217 

 Crime Victims Fund ............................................................................................... 57 ...... 57 196 ...... 196 224 ...... 224 

 Other ..................................................................................................................... 99 ...... 99 433 ...... 433 427 ...... 427 

 Other ....................................................................................................................... 37 ...... 37 235 ...... 235 259 ...... 259 

 Proprietary Receipts from the Public........................................................................ ...... -1 1 ...... 150 -150 ...... 109 -109 

 Intrabudgetary Transactions .................................................................................... 94 ...... 94 227 ...... 227 -111 ...... -111 

 Offsetting Governmental Receipts ........................................................................... ...... 46 -46 ...... 148 -148 ...... 148 -148 

 Total--Department of Justice .............................................................................. 2,538 75 2,463 11,079 418 10,661 11,006 372 10,634 

Department of Labor: 

 Employment and Training Administration: 

 Training and Employment Services ....................................................................... 284 ...... 284 1,196 ...... 1,196 1,464 ...... 1,464 

 Office of Job Corps ................................................................................................ 132 ...... 132 578 ...... 578 528 ...... 528 

 Community Service Employment for Older Americans .......................................... 36 ...... 36 160 ...... 160 254 ...... 254 

 Federal Unemployment Benefits and Allowances.................................................. 45 ...... 45 217 ...... 217 251 ...... 251 

 Federal Additional Unemployment Compensation 

 Program-Recovery Act.......................................................................................... 1 ...... 1 (**) ...... (**) 1,669 ...... 1,669 

 State Unemployment Insurance and Employment 

 Service Operations ............................................................................................... -60 ...... -60 -19 ...... -19 469 ...... 469 

 Payments to the Unemployment Trust Fund.......................................................... ...... ...... ...... 19,525 ...... 19,525 21,287 ...... 21,287 

 Advances to the Unemployment Trust Fund and 

 Other Funds.......................................................................................................... 140 ...... 140 140 ...... 140 240 ...... 240 

 Program Administration ......................................................................................... 5 ...... 5 34 ...... 34 42 ...... 42 

 Unemployment Trust Fund: 

 Federal-State Unemployment Insurance: 

 State Unemployment Benefits............................................................................ 9,281 ...... 9,281 33,105 ...... 33,105 41,606 ...... 41,606 

 State Administrative Expenses ............................................................................ 401 ...... 401 1,504 ...... 1,504 1,610 ...... 1,610 

 Federal Administrative Expenses......................................................................... 52 ...... 52 120 ...... 120 115 ...... 115 

 Other.................................................................................................................... 20 ...... 20 28 ...... 28 (**) ...... (**) 

 Total--Unemployment Trust Fund ...................................................................... 9,754 ...... 9,754 34,756 ...... 34,756 43,332 ...... 43,332 

 Other ..................................................................................................................... ...... ...... ...... 1 ...... 1 1 ...... 1 

 Total--Employment and Training Administration .................................................. 10,337 ...... 10,337 56,590 ...... 56,590 69,536 ...... 69,536 

 
13

Table 5. Outlays of the U.S. Government, January 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 .................................................................... 479 509 -30 1,944 1,600 344 1,989 1,996 -7 

 Employment Standards Administration .................................................................... 37 ...... 37 172 ...... 172 165 ...... 165 

 Office of Workers' Compensation Programs: 

 Special Benefits..................................................................................................... -132 ...... -132 -843 ...... -843 -370 ...... -370 

 Energy Employees Occupational 

 Illness Compensation Fund .................................................................................. 68 ...... 68 323 ...... 323 450 ...... 450 

 Special Benefits for Disabled Coal Miners ............................................................. 14 ...... 14 58 ...... 58 66 ...... 66 

 Black Lung Disability Trust Fund............................................................................ 25 ...... 25 90 ...... 90 91 ...... 91 

 Other ..................................................................................................................... 18 ...... 18 85 ...... 85 87 ...... 87 

 Wage and Hour Division .......................................................................................... (**) ...... (**) (**) ...... (**) -5 ...... -5 

 Occupational Safety and Health Administration ....................................................... 37 ...... 37 172 ...... 172 194 ...... 194 

 Mine Safety and Health Administration .................................................................... 31 ...... 31 120 ...... 120 112 ...... 112 

 Bureau of Labor Statistics........................................................................................ 43 ...... 43 167 ...... 167 168 ...... 168 

 Departmental Management ..................................................................................... 19 ...... 19 224 ...... 224 246 ...... 246 

 Other ....................................................................................................................... 10 ...... 10 48 ...... 48 52 ...... 52 

 Proprietary Receipts from the Public........................................................................ ...... -1 1 ...... 43 -43 ...... 12 -12 

 Intrabudgetary Transactions .................................................................................... -155 ...... -155 -20,007 ...... -20,007 -22,293 ...... -22,293 

 Total--Department of Labor................................................................................. 10,829 508 10,321 39,145 1,643 37,503 50,486 2,008 48,479 

Department of State: 

 Administration of Foreign Affairs: 

 Diplomatic and Consular Programs ....................................................................... 1,417 ...... 1,417 3,174 ...... 3,174 2,256 ...... 2,256 

 Educational and Cultural Exchange Programs....................................................... 56 ...... 56 207 ...... 207 198 ...... 198 

 Embassy Security, Construction, and Maintenance............................................... 250 ...... 250 778 ...... 778 566 ...... 566 

 Payment to Foreign Service Retirement and 

 Disability Fund ...................................................................................................... ...... ...... ...... 36 ...... 36 ...... ...... ...... 

 Foreign Service Retirement and Disability Fund .................................................... 72 ...... 72 284 ...... 284 276 ...... 276 

 Other ..................................................................................................................... -707 ...... -707 -85 ...... -85 539 ...... 539 

 Total--Administration of Foreign Affairs................................................................ 1,088 ...... 1,088 4,393 ...... 4,393 3,835 ...... 3,835 

 International Organizations and Conferences .......................................................... 110 ...... 110 1,250 ...... 1,250 1,125 ...... 1,125 

 Global Health and Child Survival ............................................................................. 425 ...... 425 2,443 ...... 2,443 2,217 ...... 2,217 

 Migration and Refugee Assistance .......................................................................... 88 ...... 88 562 ...... 562 592 ...... 592 

 International Narcotics Control and Law Enforcement ............................................. 110 ...... 110 588 ...... 588 145 ...... 145 

 Andean Counterdrug Programs ............................................................................... 8 ...... 8 42 ...... 42 80 ...... 80 

 Other ....................................................................................................................... 28 ...... 28 150 ...... 150 204 ...... 204 

 Proprietary Receipts from the Public........................................................................ ...... 27 -27 ...... 42 -42 ...... 13 -13 

 Intrabudgetary Transactions .................................................................................... -32 ...... -32 -14 ...... -14 -119 ...... -119 

 Total--Department of State.................................................................................. 1,823 27 1,796 9,414 42 9,372 8,078 13 8,065 

Department of Transportation: 

 Office of the Secretary ............................................................................................. 83 ...... 83 317 ...... 317 -4 ...... -4 

 Federal Aviation Administration: 

 Operations............................................................................................................. 142 ...... 142 1,729 ...... 1,729 1,323 ...... 1,323 

 Airport and Airway Trust Fund: 

 Grants-In-Aid for Airports..................................................................................... 221 ...... 221 1,214 ...... 1,214 1,256 ...... 1,256 

 Facilities and Equipment...................................................................................... 220 ...... 220 917 ...... 917 821 ...... 821 

 Research, Engineering, and Development........................................................... 13 ...... 13 58 ...... 58 60 ...... 60 

 Trust Fund Share of FAA Operations................................................................... 650 ...... 650 1,500 ...... 1,500 1,699 ...... 1,699 

 Total--Airport and Airway Trust Fund ................................................................. 1,104 ...... 1,104 3,688 ...... 3,688 3,835 ...... 3,835 

 Other ..................................................................................................................... -28 4 -32 6 59 -53 214 129 85 

 Total--Federal Aviation Administration ................................................................. 1,218 4 1,214 5,423 59 5,364 5,372 129 5,243 

 Federal Highway Administration: 

 Highway Trust Fund: 

 Federal-Aid Highways.......................................................................................... 2,201 ...... 2,201 12,771 ...... 12,771 11,561 ...... 11,561 

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

 Highway Infrastructure Investment, Recovery Act.................................................. 261 ...... 261 1,451 ...... 1,451 3,784 ...... 3,784 

 Other Programs ..................................................................................................... 34 ...... 34 201 (**) 201 236 ...... 236 

 Total--Federal Highway Administration ................................................................ 2,498 ...... 2,498 14,424 (**) 14,424 15,590 ...... 15,590 

 Federal Motor Carrier Safety Administration............................................................ 43 ...... 43 174 ...... 174 159 ...... 159 

 National Highway Traffic Safety Administration ....................................................... 63 ...... 63 301 ...... 301 314 ...... 314 

 Federal Railroad Administration: 

 Operating Subsidy Grants to the National Railroad 

 Passenger Corporation......................................................................................... 168 ...... 168 287 ...... 287 239 ...... 239 

 Capital and Debt Service Grants to the 

 National Railroad Passenger Corporation............................................................. (**) ...... (**) 330 ...... 330 249 ...... 249 

 Capital Assistance for High Speed Rail Corridors 

 and Intercity Passenger Rail Service .................................................................... 17 ...... 17 70 ...... 70 56 ...... 56 

 Other ..................................................................................................................... 25 ...... 25 104 (**) 104 277 2 275 

 Total--Federal Railroad Administration................................................................. 209 ...... 209 792 (**) 792 821 2 820 

 
14

Table 5. Outlays of the U.S. Government, January 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...................................................................................................... 13 ...... 13 67 ...... 67 73 ...... 73 

 Capital Investment Grants ..................................................................................... 125 ...... 125 727 ...... 727 632 ...... 632 

 Transit Formula Grants.......................................................................................... 456 ...... 456 2,726 ...... 2,726 2,247 ...... 2,247 

 Transit Capital Assistance, Recovery Act .............................................................. 95 ...... 95 431 ...... 431 879 ...... 879 

 Other ..................................................................................................................... 25 ...... 25 127 ...... 127 206 ...... 206 

 Total--Federal Transit Administration................................................................... 714 ...... 714 4,078 ...... 4,078 4,038 ...... 4,038 

 Maritime Administration ........................................................................................... 51 (**) 51 94 8 86 119 19 99 

 Other ....................................................................................................................... 31 5 25 126 7 119 132 9 122 

 Proprietary Receipts from the Public........................................................................ ...... 1 -1 ...... 9 -9 ...... 27 -27 

 Intrabudgetary Transactions: 

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

 Offsetting Governmental Receipts ........................................................................... ...... (**) (**) ...... (**) (**) ...... (**) (**) 

 Total--Department of Transportation.................................................................. 4,908 11 4,897 25,729 83 25,646 26,541 187 26,354 

Department of the Treasury: 

 Departmental Offices: 

 Exchange Stabilization Fund ................................................................................. (**) 44 -44 (**) 97 -97 ...... 117 -117 

 Grants for Specified Energy Property in Lieu of Tax Credit.................................... 213 ...... 213 1,296 ...... 1,296 734 ...... 734 

 Housing and Economic Recovery Programs.......................................................... ...... ...... ...... 13,784 ...... 13,784 2,609 ...... 2,609 

 Troubled Asset Relief Programs ............................................................................ 234 ...... 234 797 ...... 797 20,727 ...... 20,727 

 Other ..................................................................................................................... 183 ...... 183 1,437 ...... 1,437 2,461 ...... 2,461 

 Financial Management Service: 

 Payment to the Resolution Funding Corporation.................................................... 652 ...... 652 1,314 ...... 1,314 1,022 ...... 1,022 

 Financial Agent Services ....................................................................................... 44 ...... 44 209 ...... 209 188 ...... 188 

 Interest Paid to Credit Financing Accounts ............................................................ ...... ...... ...... 1 ...... 1 (**) ...... (**) 

 Claims, Judgments, and Relief Acts ...................................................................... 213 ...... 213 1,106 ...... 1,106 434 ...... 434 

 Other ..................................................................................................................... 169 (**) 169 1,447 (**) 1,447 285 (**) 285 

 Total--Financial Management Service.................................................................. 1,077 (**) 1,077 4,077 (**) 4,077 1,929 (**) 1,929 

 Federal Financing Bank........................................................................................... -220 ...... -220 -110 ...... -110 -59 ...... -59 

 Alcohol and Tobacco Tax and Trade Bureau: 

 Salaries and Expenses .......................................................................................... 7 ...... 7 36 ...... 36 35 ...... 35 

 Internal Revenue Collections for Puerto Rico ........................................................ 40 ...... 40 153 ...... 153 190 ...... 190 

 Bureau of Engraving and Printing ............................................................................ 52 ...... 52 -21 ...... -21 34 ...... 34 

 United States Mint ................................................................................................... 537 432 105 1,782 1,624 157 1,350 1,617 -267 

 Bureau of the Public Debt........................................................................................ 16 ...... 16 87 ...... 87 91 ...... 91 

 Internal Revenue Service: 

 Taxpayer Services................................................................................................. 181 ...... 181 754 ...... 754 773 ...... 773 

 Enforcement .......................................................................................................... 411 ...... 411 1,831 ...... 1,831 1,898 ...... 1,898 

 Operations Support................................................................................................ 313 ...... 313 1,373 ...... 1,373 1,395 ...... 1,395 

 Build America Bond Payments, Recovery Act ....................................................... 304 ...... 304 1,364 ...... 1,364 943 ...... 943 

 Payment Where Earned Income Credit Exceeds Liability for Tax .......................... 1,349 ...... 1,349 1,378 ...... 1,378 6,370 ...... 6,370 

 Payment Where Child Tax Credit Exceeds Liability for Tax ................................... 273 ...... 273 607 ...... 607 2,241 ...... 2,241 

 Payment Where Tax Credits to Aid First Time Homebuyers 

 Exceeds Liability for Tax....................................................................................... -10 ...... -10 42 ...... 42 677 ...... 677 

 Payment Where Making Work Pay Credit Exceeds Liability 

 for Tax, Recovery Act ........................................................................................... -4 ...... -4 194 ...... 194 982 ...... 982 

 Refunding Internal Revenue Collections, Interest .................................................. 109 ...... 109 843 ...... 843 889 ...... 889 

 Other ..................................................................................................................... 163 (**) 163 1,006 1 1,005 2,203 1 2,202 

 Total--Internal Revenue Service .......................................................................... 3,089 (**) 3,088 9,394 1 9,393 18,372 1 18,371 

 Comptroller of the Currency..................................................................................... 76 -3 78 410 4 407 252 1 251 

 Office of Thrift Supervision....................................................................................... ...... ...... ...... ...... ...... ...... 102 111 -9 

 Interest on the Public Debt: 

 Interest on Treasury Debt Securities (Gross): 

 Public Issues (Accrual Basis)............................................................................... 19,137 ...... 19,137 79,205 ...... 79,205 75,549 ...... 75,549 

 Special Issues (Cash Basis) ................................................................................ 1,969 ...... 1,969 89,496 ...... 89,496 93,814 ...... 93,814 

 Total--Interest on Treasury Debt Securities (Gross)........................................... 21,106 ...... 21,106 168,700 ...... 168,700 169,362 ...... 169,362 

 Total--Interest on the Public Debt .................................................................... 21,106 ...... 21,106 168,700 ...... 168,700 169,362 ...... 169,362 

 Other ....................................................................................................................... 10 ...... 10 29 ...... 29 32 ...... 32 

 Proprietary Receipts from the Public........................................................................ ...... 379 -379 ...... 4,798 -4,798 ...... 20,530 -20,530 

 Intrabudgetary Transactions .................................................................................... -299 ...... -299 -687 ...... -687 -1,076 ...... -1,076 

 Total--Department of the Treasury ..................................................................... 26,121 853 25,268 201,165 6,524 194,641 217,144 22,376 194,767 

 
15

Table 5. Outlays of the U.S. Government, January 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................................................ 28 ...... 28 102 ...... 102 ...... ...... ...... 

 Veterans Health Administration: 

 Medical Services.................................................................................................... 3,227 ...... 3,227 12,583 ...... 12,583 12,992 ...... 12,992 

 Medical Support and Compliance .......................................................................... 387 ...... 387 1,565 ...... 1,565 1,687 ...... 1,687 

 Medical Facilities ................................................................................................... 426 ...... 426 1,698 ...... 1,698 1,617 ...... 1,617 

 Other ..................................................................................................................... 82 30 52 351 132 220 372 130 242 

 Benefit Programs: 

 Public Enterprise Funds: 

 Housing Accounts................................................................................................ (**) 1 -1 2 4 -2 3 6 -3 

 Other.................................................................................................................... 88 82 6 397 379 18 388 382 5 

 Compensation and Pensions ................................................................................. 501 ...... 501 14,436 ...... 14,436 17,024 ...... 17,024 

 Readjustment Benefits........................................................................................... 523 ...... 523 3,403 ...... 3,403 3,610 ...... 3,610 

 Veterans Housing Benefit Program Fund............................................................... 48 ...... 48 88 ...... 88 ...... ...... ...... 

 Insurance Funds: 

 National Service Life............................................................................................ 90 ...... 90 338 ...... 338 339 ...... 339 

 Veterans Special Life........................................................................................... 14 2 12 49 65 -15 48 67 -19 

 Other ..................................................................................................................... 2 ...... 2 8 ...... 8 27 ...... 27 

 Total--Benefit Programs....................................................................................... 1,268 85 1,183 18,721 448 18,273 21,438 455 20,983 

 Departmental Administration: 

 Construction .......................................................................................................... 96 ...... 96 436 ...... 436 500 ...... 500 

 Information Technology Systems........................................................................... 350 ...... 350 1,123 ...... 1,123 1,038 ...... 1,038 

 General Operating Expenses................................................................................. 169 ...... 169 895 ...... 895 1,156 (**) 1,156 

 Other ..................................................................................................................... 55 ...... 55 393 ...... 393 235 ...... 235 

 Proprietary Receipts from the Public: 

 National Service Life.............................................................................................. ...... 6 -6 ...... 26 -26 ...... 37 -37 

 Other ..................................................................................................................... ...... 239 -239 ...... 1,024 -1,024 ...... 1,017 -1,017 

 Intrabudgetary Transactions .................................................................................... 5 ...... 5 -3 ...... -3 -5 ...... -5 

 Total--Department of Veterans Affairs ............................................................... 6,092 361 5,732 37,865 1,630 36,235 41,030 1,639 39,391 

Corps of Engineers: 

 Construction ............................................................................................................ 229 ...... 229 927 ...... 927 1,421 ...... 1,421 

 Operation and Maintenance..................................................................................... 185 ...... 185 858 ...... 858 1,162 ...... 1,162 

 Flood Control and Coastal Emergencies ................................................................. 70 ...... 70 448 ...... 448 558 ...... 558 

 Rivers and Harbors Contributed Funds.................................................................... 36 ...... 36 168 ...... 168 135 ...... 135 

 Other ....................................................................................................................... 98 ...... 98 665 ...... 665 679 ...... 679 

 Proprietary Receipts from the Public........................................................................ ...... 37 -37 ...... 167 -167 ...... 224 -224 

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

 Total--Corps of Engineers................................................................................... 617 37 580 3,065 167 2,899 3,955 224 3,731 

Other Defense Civil Programs: 

 Military Retirement: 

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

 Military Retirement Fund........................................................................................ 394 ...... 394 13,367 ...... 13,367 16,924 ...... 16,924 

 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..................................................................................... 948 ...... 948 3,075 ...... 3,075 3,032 ...... 3,032 

 Educational Benefits ................................................................................................ 20 ...... 20 137 ...... 137 153 ...... 153 

 Other ....................................................................................................................... 17 ...... 17 68 ...... 68 78 ...... 78 

 Proprietary Receipts from the Public........................................................................ ...... 2 -2 ...... 5 -5 ...... 4 -4 

 Intrabudgetary Transactions .................................................................................... -328 ...... -328 -73,572 ...... -73,572 -73,487 ...... -73,487 

 Total--Other Defense Civil Programs ................................................................. 1,051 2 1,049 14,543 5 14,537 17,890 4 17,886 

Environmental Protection Agency: 

 Science and Technology.......................................................................................... 67 ...... 67 266 ...... 266 276 ...... 276 

 Environmental Programs and Management............................................................. 230 ...... 230 899 ...... 899 906 ...... 906 

 State and Tribal Assistance Grants.......................................................................... 514 ...... 514 1,641 ...... 1,641 2,186 ...... 2,186 

 Payment to the Hazardous Substance Superfund ................................................... ...... ...... ...... 1,075 ...... 1,075 554 ...... 554 

 Hazardous Substance Superfund ............................................................................ 110 ...... 110 442 ...... 442 508 ...... 508 

 Other ....................................................................................................................... 33 17 16 90 21 70 94 20 73 

 Proprietary Receipts from the Public........................................................................ ...... 4 -4 ...... -4 4 ...... 21 -21 

 Intrabudgetary Transactions .................................................................................... -22 ...... -22 -1,057 ...... -1,057 -556 ...... -556 

 Offsetting Governmental Receipts ........................................................................... ...... 1 -1 ...... 6 -6 ...... 9 -9 

 Total--Environmental Protection Agency........................................................... 932 21 910 3,358 23 3,335 3,968 50 3,918 

Executive Office of the President: 

 The White House..................................................................................................... 6 ...... 6 19 ...... 19 20 ...... 20 

 Office of Management and Budget .......................................................................... 7 ...... 7 29 ...... 29 31 ...... 31 

 Unanticipated Needs ............................................................................................... (**) ...... (**) 1 ...... 1 24 ...... 24 

 Other ....................................................................................................................... 16 ...... 16 72 ...... 72 82 ...... 82 

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

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

 Total--Executive Office of the President ............................................................ 29 (**) 29 121 (**) 120 157 (**) 157 

 
16

Table 5. Outlays of the U.S. Government, January 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............................................................................................ 146 ...... 146 633 ...... 633 563 ...... 563 

 Supply and Technology Activities ............................................................................ -106 ...... -106 -85 ...... -85 -231 ...... -231 

 General Activities..................................................................................................... -21 ...... -21 55 ...... 55 127 ...... 127 

 Proprietary Receipts from the Public........................................................................ ...... 19 -19 ...... 146 -146 ...... 14 -14 

 Intrabudgetary Transactions .................................................................................... -4 ...... -4 -6 ...... -6 -1 ...... -1 

 Total--General Services Administration............................................................. 15 19 -5 597 146 451 457 14 443 

International Assistance Programs: 

 Millennium Challenge Corporation........................................................................... 74 ...... 74 508 ...... 508 489 ...... 489 

 International Security Assistance: 

 Foreign Military Financing Program....................................................................... 2,374 ...... 2,374 3,320 ...... 3,320 1,454 ...... 1,454 

 Economic Support Fund ........................................................................................ 288 ...... 288 1,718 ...... 1,718 1,907 ...... 1,907 

 Other ..................................................................................................................... 70 13 58 314 20 294 255 33 222 

 Total--International Security Assistance............................................................... 2,733 13 2,720 5,352 20 5,331 3,616 33 3,583 

 Multilateral Assistance: 

 Contribution to the International Development 

 Association ........................................................................................................... ...... ...... ...... ...... ...... ...... 120 ...... 120 

 Other ..................................................................................................................... 21 ...... 21 586 ...... 586 686 ...... 686 

 Total--Multilateral Assistance............................................................................... 21 ...... 21 586 ...... 586 806 ...... 806 

 Agency for International Development: 

 Development Assistance Program......................................................................... 123 ...... 123 560 ...... 560 468 ...... 468 

 Assistance for Europe, Eurasia and Central Asia................................................... 46 ...... 46 175 ...... 175 133 ...... 133 

 International Disaster Assistance........................................................................... 162 ...... 162 404 ...... 404 483 ...... 483 

 Operating Expenses .............................................................................................. 93 ...... 93 406 ...... 406 399 ...... 399 

 Other ..................................................................................................................... 64 91 -27 308 159 149 318 180 138 

 Proprietary Receipts from the Public...................................................................... ...... 3 -3 ...... 34 -34 ...... 69 -69 

 Intrabudgetary Transactions .................................................................................. 3 ...... 3 -11 ...... -11 23 ...... 23 

 Total--Agency for International Development....................................................... 491 95 397 1,841 194 1,648 1,823 249 1,575 

 Overseas Private Investment Corporation: 

 Overseas Private Investment Corporation Accounts.............................................. 16 15 1 35 65 -30 28 47 -20 

 Proprietary Receipts from the Public...................................................................... ...... 1 -1 ...... 6 -6 ...... 13 -13 

 Total--Overseas Private Investment Corporation ................................................. 16 15 (**) 35 71 -36 28 61 -33 

 Peace Corps............................................................................................................ 26 (**) 26 116 (**) 115 128 (**) 128 

 International Monetary Programs............................................................................. -235 ...... -235 153 ...... 153 -53 ...... -53 

 Military Sales Programs: 

 Foreign Military Sales Trust Fund .......................................................................... 1,899 ...... 1,899 8,157 ...... 8,157 7,357 ...... 7,357 

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

 Proprietary Receipts from the Public...................................................................... ...... 1,821 -1,821 ...... 7,306 -7,306 ...... 8,411 -8,411 

 Other ....................................................................................................................... 7 (**) 7 37 (**) 37 44 1 43 

 Total--International Assistance Programs ......................................................... 5,032 1,944 3,088 16,786 7,591 9,195 14,237 8,755 5,482 

National Aeronautics and Space Administration: 

 Science.................................................................................................................... 362 ...... 362 1,596 ...... 1,596 1,637 ...... 1,637 

 Aeronautics.............................................................................................................. 44 ...... 44 195 ...... 195 185 ...... 185 

 Exploration............................................................................................................... 201 ...... 201 1,088 ...... 1,088 1,013 ...... 1,013 

 Cross Agency Support............................................................................................. 136 ...... 136 962 ...... 962 1,040 ...... 1,040 

 Space Operations.................................................................................................... 186 ...... 186 1,397 ...... 1,397 1,866 ...... 1,866 

 Other ....................................................................................................................... 45 ...... 45 155 ...... 155 120 ...... 120 

 Proprietary Receipts from the Public........................................................................ ...... (**) (**) ...... 1 -1 ...... 2 -2 

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

 Total--National Aeronautics and Space 

 Administration .................................................................................................... 974 (**) 975 5,399 1 5,399 5,861 2 5,859 

National Science Foundation: 

 Research and Related Activities .............................................................................. 540 ...... 540 1,846 ...... 1,846 1,881 ...... 1,881 

 Education and Human Resources ........................................................................... 4 ...... 4 238 ...... 238 220 ...... 220 

 Other ....................................................................................................................... 22 ...... 22 201 ...... 201 153 ...... 153 

 Proprietary Receipts from the Public........................................................................ ...... 2 -2 ...... 5 -5 ...... 6 -6 

 Total--National Science Foundation................................................................... 566 2 564 2,285 5 2,280 2,254 6 2,248 

Office of Personnel Management: 

 Government Payment for Annuitants, Employees 

 Health and Life Insurance Benefits ......................................................................... 842 ...... 842 3,474 ...... 3,474 3,232 ...... 3,232 

 Civil Service Retirement and Disability Fund ........................................................... 6,275 ...... 6,275 24,088 ...... 24,088 23,444 ...... 23,444 

 Employees Life Insurance Fund .............................................................................. 194 257 -64 839 1,383 -544 788 1,431 -644 

 Employees and Retired Employees Health Benefits Fund....................................... 3,289 3,451 -163 13,976 14,279 -302 13,135 13,922 -787 

 Other ....................................................................................................................... 64 ...... 64 53 ...... 53 30 ...... 30 

 Proprietary Receipts from the Public........................................................................ ...... 5 -5 ...... 7 -7 ...... 2 -2 

 Intrabudgetary Transactions: 

 Postal Service Contributions.................................................................................. ...... ...... ...... -821 ...... -821 -783 ...... -783 

 Civil Service Retirement and Disability Fund: 

 Other.................................................................................................................... -4 ...... -4 -17 ...... -17 -17 ...... -17 

 Total--Office of Personnel Management ............................................................ 10,659 3,713 6,946 41,593 15,669 25,924 39,827 15,355 24,472 

 
17

Table 5. Outlays of the U.S. Government, January 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 ............................................................................................ -195 ...... -195 34 ...... 34 126 (**) 126 

 Business Loans Program......................................................................................... 171 ...... 171 225 ...... 225 222 ...... 222 

 Disaster Loans Program .......................................................................................... 124 1 123 146 2 144 156 14 142 

 Other ....................................................................................................................... 3 2 1 12 5 7 13 5 8 

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

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

 Total--Small Business Administration ............................................................... 103 2 101 418 7 411 517 18 499 

Social Security Administration: 

 Payments to Social Security Trust Funds ................................................................ 17,846 ...... 17,846 48,252 ...... 48,252 19,143 ...... 19,143 

 Supplemental Security Income Program.................................................................. 696 ...... 696 13,767 ...... 13,767 16,977 ...... 16,977 

 Economic Recovery Payments ................................................................................ (**) ...... (**) (**) ...... (**) 18 ...... 18 

 Federal Old-Age and Survivors Insurance Trust Fund 

 (Off-Budget): 

 Benefit Payments................................................................................................... 52,114 ...... 52,114 203,029 ...... 203,029 195,035 ...... 195,035 

 Administrative Expenses........................................................................................ 184 ...... 184 1,046 ...... 1,046 1,263 ...... 1,263 

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

 Total--FOASI Trust Fund ..................................................................................... 52,298 ...... 52,298 204,075 ...... 204,075 196,411 ...... 196,411 

 Federal Disability Insurance Trust Fund 

 (Off-Budget): 

 Benefit Payments................................................................................................... 11,285 ...... 11,285 43,669 ...... 43,669 42,107 ...... 42,107 

 Administrative Expenses........................................................................................ 249 ...... 249 895 ...... 895 943 ...... 943 

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

 Total--FDI Trust Fund .......................................................................................... 11,534 ...... 11,534 44,564 ...... 44,564 43,052 ...... 43,052 

 Other ....................................................................................................................... 25 ...... 25 69 ...... 69 73 ...... 73 

 Proprietary Receipts from the Public: 

 On-Budget ............................................................................................................. ...... 134 -134 ...... 701 -701 ...... 824 -824 

 Off-Budget ............................................................................................................. ...... 3 -3 ...... 14 -14 ...... 13 -13 

 Intrabudgetary Transactions: 

 On-Budget: 

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

 Off-Budget2 ............................................................................................................ -17,846 ...... -17,846 -48,252 ...... -48,252 -19,142 ...... -19,142 

 Total--Social Security Administration .............................................................. 64,552 137 64,416 262,475 714 261,761 256,416 836 255,580 

Other Independent Agencies: 

 Broadcasting Board of Governors............................................................................ 65 -2 66 216 -3 219 231 -3 234 

 Bureau of Consumer Financial Protection................................................................ 15 ...... 15 66 (**) 66 2 ...... 2 

 Corporation for National and Community Service .................................................... 90 (**) 90 338 1 337 343 (**) 343 

 Corporation for Public Broadcasting ........................................................................ 6 ...... 6 444 ...... 444 430 ...... 430 

 District of Columbia: 

 Courts.................................................................................................................... 28 ...... 28 105 ...... 105 108 ...... 108 

 General and Special Payments.............................................................................. 52 (**) 52 172 (**) 172 228 (**) 228 

 Equal Employment Opportunity Commission........................................................... 26 (**) 26 112 (**) 112 131 (**) 131 

 Export-Import Bank of the United States.................................................................. -80 -3 -77 -236 16 -251 -193 60 -253 

 Federal Communications Commission: 

 Universal Service Fund.......................................................................................... 742 ...... 742 3,128 ...... 3,128 3,089 ...... 3,089 

 Spectrum Auction Program Account...................................................................... 1 ...... 1 1 ...... 1 (**) ...... (**) 

 Other ..................................................................................................................... 29 2 27 115 9 106 132 7 124 

 Federal Deposit Insurance Corporation: 

 Deposit Insurance Fund......................................................................................... 1,164 44 1,120 1,967 -4 1,971 -883 31 -914 

 FSLIC Resolution Fund.......................................................................................... (**) (**) (**) 52 10 42 3 20 -17 

 Total--Federal Deposit Insurance Corporation ..................................................... 1,164 44 1,120 2,019 6 2,013 -879 51 -931 

 Federal Drug Control Programs............................................................................... 20 ...... 20 184 ...... 184 98 ...... 98 

 Federal Housing Finance Agency............................................................................ 22 ...... 22 73 ...... 73 50 ...... 50 

 Intelligence Community Management Account........................................................ 31 ...... 31 227 ...... 227 166 ...... 166 

 Legal Services Corporation...................................................................................... 28 ...... 28 121 ...... 121 141 ...... 141 

 National Archives and Records Administration ........................................................ 30 2 28 130 12 118 156 6 150 

 National Credit Union Administration ....................................................................... 24 45 -21 2,492 513 1,979 11,364 22,534 -11,170 

 National Endowment for the Arts ............................................................................. 12 (**) 12 53 (**) 53 60 (**) 59 

 National Endowment for the Humanities.................................................................. 10 (**) 10 48 1 47 47 1 46 

 Institute of Museum and Library Services ................................................................ 20 ...... 20 90 1 89 92 (**) 92 

 National Labor Relations Board ............................................................................... 20 (**) 20 86 (**) 86 98 (**) 98 

 Nuclear Regulatory Commission.............................................................................. 87 56 30 332 269 63 350 237 113 

 Postal Service: 

 Off-Budget: 

 Public Enterprise Funds....................................................................................... 6,556 7,291 -735 25,039 25,515 -476 24,337 24,043 295 

 Other.................................................................................................................... 202 ...... 202 256 ...... 256 110 ...... 110 

 Other ..................................................................................................................... ...... ...... ...... 76 ...... 76 102 ...... 102 

 

 
18

Table 5. Outlays of the U.S. Government, January 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 17 ...... 17 19 ...... 19 

 Federal Payments to the Railroad Retirement Accounts........................................ 140 ...... 140 359 ...... 359 253 ...... 253 

 Railroad Unemployment Insurance Trust Fund: 

 Benefit Payments................................................................................................. 9 ...... 9 31 ...... 31 36 ...... 36 

 Transfer to Administrative Funds ......................................................................... 1 ...... 1 4 ...... 4 5 ...... 5 

 Rail Industry Pension Fund: 

 Benefit Payments................................................................................................. 398 ...... 398 1,568 ...... 1,568 1,517 ...... 1,517 

 Advances from FOASDI Fund.............................................................................. -119 ...... -119 -458 ...... -458 -455 ...... -455 

 OASDI Certifications............................................................................................ 119 ...... 119 458 ...... 458 455 ...... 455 

 Transfer to Administrative Funds ......................................................................... 5 ...... 5 22 ...... 22 21 ...... 21 

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

 National Railroad Retirement Investment Trust: 

 Administrative Expenses...................................................................................... 14 ...... 14 30 ...... 30 22 ...... 22 

 Transfers to the Railroad Retirement Trust Funds from 

 the National Railroad Retirement Investment Trust............................................. 220 ...... 220 494 ...... 494 639 ...... 639 

 Railroad Social Security Equivalent Benefit Account: 

 Benefit Payments................................................................................................. 545 ...... 545 2,127 ...... 2,127 2,094 ...... 2,094 

 Transfer to Administrative Funds ......................................................................... 2 ...... 2 9 ...... 9 10 ...... 10 

 Other ..................................................................................................................... 2 ...... 2 2 ...... 2 6 ...... 6 

 Proprietary Receipts from the Public...................................................................... ...... 14 -14 ...... -572 572 ...... 3,082 -3,082 

 Intrabudgetary Transactions: 

 Other.................................................................................................................... -360 ...... -360 -853 ...... -853 -892 ...... -892 

 Total--Railroad Retirement Board ...................................................................... 980 14 966 3,809 -572 4,381 3,731 3,082 649 

 Securities and Exchange Commission..................................................................... 88 (**) 88 378 (**) 378 289 (**) 289 

 Smithsonian Institution............................................................................................. 75 (**) 75 323 (**) 323 297 ...... 297 

 Tennessee Valley Authority ..................................................................................... 3,522 3,227 295 12,724 12,177 547 11,174 10,640 533 

 Other ....................................................................................................................... 180 125 55 926 185 741 784 208 576 

 Total--Other Independent Agencies ................................................................... 14,046 10,802 3,244 53,850 38,131 15,719 57,068 60,868 -3,800 

Undistributed Offsetting Receipts: 

 Employer Share, Employee Retirement: 

 Department of Health and Human Services: 

 Federal Hospital Insurance Trust Fund: 

 Federal Employer Contributions......................................................................... -294 ...... -294 -1,143 ...... -1,143 -1,128 ...... -1,128 

 Postal Service Employer Contributions.............................................................. -48 ...... -48 -198 ...... -198 -234 ...... -234 

 Department of State: 

 Foreign Service Retirement and Disability Fund .................................................. -24 ...... -24 -109 ...... -109 -103 ...... -103 

 Other Defense Civil Programs: 

 Military Retirement Fund...................................................................................... -1,821 ...... -1,821 -12,773 ...... -12,773 -11,679 ...... -11,679 

 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 ....................................................... -1,874 ...... -1,874 -8,838 ...... -8,838 -8,059 ...... -8,059 

 Social Security Administration (Off-Budget): 

 Federal Old-Age and Survivors Insurance Trust Fund: 

 Federal Employer Contributions......................................................................... -1,162 ...... -1,162 -4,045 ...... -4,045 -4,056 ...... -4,056 

 Federal Disability Insurance Trust Fund: 

 Federal Employer Contributions......................................................................... -197 ...... -197 -686 ...... -686 -688 ...... -688 

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

 Total--Employer Share, Employee Retirement..................................................... -5,420 ...... -5,420 -38,937 ...... -38,937 -37,263 ...... -37,263 

 
19

Table 5. Outlays of the U.S. Government, January 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 -3 ...... -3 -5 ...... -5 

 Department of Health and Human Services: 

 Federal Hospital Insurance Trust Fund................................................................ -6 ...... -6 -5,706 ...... -5,706 -6,563 ...... -6,563 

 Federal Supplementary Medical Insurance Trust Fund........................................ -1 ...... -1 -1,447 ...... -1,447 -1,516 ...... -1,516 

 Department of Homeland Security: 

 Oil Spill Liability Trust Fund ................................................................................. -1 ...... -1 -10 ...... -10 -8 ...... -8 

 Other.................................................................................................................... -2 ...... -2 -4 ...... -4 5 ...... 5 

 Department of Labor: 

 Unemployment Trust Fund .................................................................................. -2 ...... -2 -228 ...... -228 -342 ...... -342 

 Department of State: 

 Foreign Service Retirement and Disability Fund .................................................. (**) ...... (**) -362 ...... -362 -373 ...... -373 

 Department of Transportation: 

 Airport and Airway Trust Fund ............................................................................. -2 ...... -2 -104 ...... -104 -83 ...... -83 

 Department of Veterans Affairs: 

 National Service Life Insurance Fund .................................................................. (**) ...... (**) -187 ...... -187 -212 ...... -212 

 United States Government Life Insurance Fund .................................................. (**) ...... (**) (**) ...... (**) -1 ...... -1 

 Corps of Engineers ................................................................................................ -1 ...... -1 43 ...... 43 -45 ...... -45 

 Other Defense Civil Programs: 

 Military Retirement Fund...................................................................................... -1,034 ...... -1,034 -3,841 ...... -3,841 -4,171 ...... -4,171 

 Educational Benefits Fund................................................................................... -6 ...... -6 -13 ...... -13 -17 ...... -17 

 Armed Forces Retirement Home ......................................................................... (**) ...... (**) -2 ...... -2 -3 ...... -3 

 Environmental Protection Agency .......................................................................... (**) ...... (**) (**) ...... (**) -11 ...... -11 

 Office of Personnel Management: 

 Civil Service Retirement and Disability Fund ....................................................... -1 ...... -1 -17,431 ...... -17,431 -17,850 ...... -17,850 

 Social Security Administration (Off-Budget): 

 Federal Old-Age and Survivors Insurance Trust Fund ......................................... -15 ...... -15 -52,378 ...... -52,378 -53,350 ...... -53,350 

 Federal Disability Insurance Trust Fund............................................................... -3 ...... -3 -3,722 ...... -3,722 -4,410 ...... -4,410 

 Independent Agencies: 

 Railroad Retirement Board .................................................................................. -4 ...... -4 -20 ...... -20 -33 ...... -33 

 Other.................................................................................................................... -1 ...... -1 -4 ...... -4 -4 ...... -4 

 Other ..................................................................................................................... 21 ...... 21 10 ...... 10 -48 ...... -48 

 Total--Interest Received by Trust Funds.............................................................. -1,058 ...... -1,058 -85,409 ...... -85,409 -89,038 ...... -89,038 

 Rents and Royalties on the Outer Continental Shelf Lands ..................................... ...... 1,178 -1,178 ...... 2,181 -2,181 ...... 1,862 -1,862 

 Total--Undistributed Offsetting Receipts........................................................... -6,478 1,178 -7,656 -124,347 2,181 -126,528 -126,300 1,862 -128,162 

 Total Outlays.......................................................................................................... 301,432 39,701 261,731 1,268,469 129,565 1,138,903 1,335,252 158,149 1,177,103 

 Total On-Budget................................................................................................... 250,065 32,407 217,658 1,103,617 104,036 999,581 1,152,987 134,093 1,018,894 

 Total Off-Budget .................................................................................................. 51,367 7,294 44,073 164,851 25,529 139,323 182,265 24,055 158,209 

 Total Surplus (+) or Deficit.................................................................................... -27,412 -349,147 -418,756 

 Total On-Budget................................................................................................... -38,787 -384,684 -451,424 

 Total Off-Budget .................................................................................................. +11,375 +35,537 +32,667 

MEMORANDUM 

 Receipts Offset Against Outlays (In Millions) 

Current 

Fiscal Year 

to Date 

Comparable 

Period Prior 

Fiscal Year 

 Proprietary Receipts...................................................................... 58,108 67,431 

 Intrabudgetary Transactions.......................................................... 341,486 320,520 

 Governmental Receipts................................................................. 2,501 2,272 

 Total Receipts Offset Against Outlays ...................................... 402,095 390,222 

1

Outlays have been increased for the Department of Agriculture and correspondingly 

decreased by $4 million for the Department of Defense-Military Programs to reflect 

additional reporting by the Department of Agriculture for the month of September 2011. 

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, January 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 .................................................................................................... 124,712 445,343 462,608 10,127,031 10,447,663 10,572,374 

 Intragovernmental Holdings .............................................................................................. 8,489 120,457 106,820 4,663,309 4,775,277 4,783,766 

 Total Treasury Securities Outstanding............................................................................ 133,200 565,800 569,428 14,790,340 15,222,940 15,356,140 

 Plus Premium on Treasury Securities........................................................................... 646 5,414 1,098 20,743 25,511 26,157 

 Less Discount on Treasury Securities........................................................................... -54 -783 2,484 73,848 73,119 73,065 

 Total Treasury Securities Net of 

 Premium and Discount............................................................................................... 133,900 571,997 568,042 14,737,235 15,175,332 15,309,232 

 Agency Securities, Issued Under Special Financing 

 Authorities (See Schedule B. for Other Agency 

 Borrowing, See Schedule C)............................................................................................. -670 -383 401 24,988 25,274 24,605 

 Total Federal Securities.................................................................................................... 133,231 571,614 568,443 14,762,223 15,200,606 15,333,837 

 Deduct: 

 Federal Securities Held As Investments 

 of Government Accounts (See Schedule D) ................................................................ 8,412 120,547 106,530 4,658,307 4,770,443 4,778,855 

 Less Discount on Federal Securities Held as 

 Investments of Government Accounts ....................................................................... -95 -378 - 670 23,696 23,413 23,318 

 Net Federal Securities Held as Investments 

 of Government Accounts.......................................................................................... 8,507 120,925 107,200 4,634,612 4,747,030 4,755,537 

 Total Borrowing from the Public .............................................................................. 124,724 450,689 461,243 10,127,611 10,453,576 10,578,300 

 Accrued Interest Payable to the Public ................................................................................. -357 10,365 10,687 51,527 62,249 61,892 

 Allocations of Special Drawing Rights................................................................................... 558 -372 203 55,150 54,219 54,777 

 Deposit Funds ...................................................................................................................... 4,698 1,803 2,879 12,167 9,272 13,970 

 Miscellaneous Liability Accounts (Includes Checks 

 Outstanding Etc.)................................................................................................................. -1,158 -2,266 -982 10,941 9,833 8,675 

 Total Liability Accounts .................................................................................................. 128,466 460,219 474,031 10,257,395 10,589,149 10,717,615 

Asset Accounts (Deduct) 

 Cash and Monetary Assets: 

 U.S. Treasury Operating Cash:1 

 Federal Reserve Account ................................................................................................. 72,859 102,311 39,301 56,284 85,737 158,596 

 Supplementary Financing Program Account..................................................................... ...... ...... 2 ...... ...... ...... 

 Tax and Loan Note Accounts............................................................................................ ...... -1,805 3 1,805 ...... ...... 

 Balance........................................................................................................................... 72,859 100,506 39,306 58,090 85,737 158,596 

 Special Drawing Rights: 

 Total Holdings................................................................................................................... 566 -354 222 55,875 54,955 55,521 

 SDR Certificates Issued to Federal Reserve Banks.......................................................... ...... ...... ...... -5,200 -5,200 -5,200 

 Balance........................................................................................................................... 566 -354 222 50,675 49,755 50,321 

 Reserve Position on the U.S. Quota in the IMF: 

 U.S. Subscription to International Monetary Fund: 

 Direct Quota Payments................................................................................................... ...... ...... ...... 54,424 54,424 54,424 

 Maintenance of Value Adjustments................................................................................. 666 -444 214 11,356 10,245 10,912 

 Letter of Credit Issued to IMF ........................................................................................... 49 584 -266 -44,675 -44,140 -44,091 

 Dollar Deposits with the IMF ............................................................................................. -1 -17 1 -153 -170 -171 

 Receivable/payable (-) for Interim Maintenance 

 of Value Adjustments....................................................................................................... -431 290 -160 1,705 2,427 1,996 

 Balance........................................................................................................................... 284 413 -212 22,657 22,787 23,070 

 Loans to International Monetary Fund ................................................................................ ...... 1,251 ...... 6,230 7,481 7,481 

 Other Cash and Monetary Assets....................................................................................... -125 509 -234 25,501 26,135 26,010 

 Total Cash and Monetary Assets...................................................................................... 73,583 102,325 39,082 163,153 191,894 265,478 

 Non-Federal Securities of the National Railroad 

 Retirement Investment Trust................................................................................................ -166 -956 2,953 22,946 22,156 21,990 

 Net Activity, Guaranteed Loan Financing (See Schedule E)................................................. 369 2,248 2,526 -22,110 -20,232 -19,863 

 Net Activity, Direct Loan Financing (See Schedule E) .......................................................... 27,759 6,843 10,909 792,423 771,508 799,267 

 Miscellaneous Asset Accounts ............................................................................................. -491 612 -195 -332 771 280 

 Total Asset Accounts ...................................................................................................... 101,054 111,072 55,274 956,079 966,097 1,067,151 

Excess of Liabilities (+) or Assets (-)....................................................................................... 27,412 349,147 418,756 9,301,316 9,623,052 9,650,464 

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 (-)) .......................................................................................................................... 27,412 349,147 418,756 9,301,316 9,623,052 9,650,464 

1Major 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. 
21

Table 6. Schedule A-Analysis of Change in Excess of Liabilities of the U.S. Government, January 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 ................................................................................................................. 9,623,052 9,302,243 8,003,515 

 Adjustments During Current Fiscal Year for 

 Changes in Composition of Unified Budget: 

 Revisions by Federal Agencies to the Prior Budget Results ............................................. ...... -926 999 

Excess of Liabilities Beginning of Period (Current Basis)........................................................ 9,623,052 9,301,316 8,004,514 

Budget Surplus (-) or Deficit: 

 Based on Composition of Unified Budget in Prior Fiscal Year........................................... 27,412 349,147 418,756 

Total Surplus (-) or Deficit (Table 2)........................................................................................ 27,412 349,147 418,756 

 Total-On-Budget (Table 2).................................................................................................... 38,787 384,684 451,424 

 Total-Off-Budget (Table 2).................................................................................................... -11,375 -35,537 -32,667 

Transactions Not Applied to Current Year's Surplus or Deficit: 

 Total-Transactions Not Applied to Current Year's Surplus or Deficit ................................... ...... ...... ...... 

Excess of Liabilities Close of Period .................................................................................. 9,650,464 9,650,464 8,423,270 

... No Transactions Note: Details may not add to totals due to rounding. 

Table 6. Schedule B-Securities Issued by Federal Agencies Under Special Financing Authorities, January 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........................................................................................ ...... ...... 3 29 29 29 

 Obligations Not Guaranteed by the United States, 

 Issued By: 

 Legislative Branch: 

 Architect of the Capitol...................................................................................................... 1 4 4 133 136 137 

 Independent Agencies: 

 Federal Communications Commission.............................................................................. ...... ...... ...... (**) (**) (**) 

 National Archives and Records Administration ................................................................. ...... ...... ...... 166 166 166 

 Tennessee Valley Authority .............................................................................................. -671 -387 394 24,660 24,943 24,273 

 Total Agency Securities ............................................................................................... -670 -383 401 24,988 25,274 24,605 

... 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, 

January 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.......................................................................................... -8,240 ...... 11,667 705 8,946 705 

 Agricultural Credit Insurance Fund.................................................................................... 1,012 1,012 -892 7,647 7,647 8,659 

 Farm Storage Facility Loans ............................................................................................. ...... 296 220 997 1,293 1,293 

 Rural Housing Service: 

 Rural Housing Insurance .................................................................................................. 86 343 486 15,511 15,768 15,853 

 Rural Community Facility Loans Fund .............................................................................. 34 216 301 3,714 3,896 3,930 

 Multifamily Housing Revitalization Loan Account.............................................................. 13 26 47 214 227 240 

 Rural Business - Cooperative Service: 

 Rural Business and Industry Loans .................................................................................. ...... (**) ...... 53 53 53 

 Rural Development Loan Fund ......................................................................................... 1 4 4 308 311 312 

 Rural Economic Development Loan Fund......................................................................... 3 8 10 112 117 120 

 Renewable Energy Guaranteed Loan Account ................................................................. ...... ...... ...... 7 7 7 

 Rural Microenterprise Investment Loans........................................................................... (**) 2 1 8 10 10 

 Biorefinery Assistance Loan Account................................................................................ ...... ...... ...... 36 36 36 

 Rural Utilities Service: 

 Rural Water and Waste Disposal Fund............................................................................. 76 370 474 10,310 10,604 10,680 

 Rural Electrification and Telecommunications Fund ......................................................... 31 139 173 13,424 13,532 13,563 

 Rural Telephone Bank ...................................................................................................... 2 5 7 405 408 410 

 Distance Learning and Telemedicine Program ................................................................. 25 113 71 744 832 856 

 Foreign Agricultural Service................................................................................................ ...... ...... ...... 1,163 1,163 1,163 

 Department of Commerce: 

 National Oceanic and Atmospheric Administration: 

 Fisheries Finance ............................................................................................................. (**) 33 33 539 572 572 

 Fishing Vessel Obligations................................................................................................ ...... ...... ...... 1 1 1 

 Department of Defense - Military Programs: 

 Arms Initiative Loans .......................................................................................................... ...... ...... ...... (**) (**) (**) 

 Family Housing Improvement Loans................................................................................... 3 63 48 778 838 841 

 Department of Education: 

 College Housing and Academic Facilities Loans................................................................. ...... -7 ...... 57 50 50 

 Federal Direct Student Loans ............................................................................................. 6,584 129,602 77,675 436,233 559,251 565,835 

 Teach Grant Loans ............................................................................................................. ...... 69 65 281 350 350 

 Temporary Student Loan Purchase Authority ..................................................................... 750 -50 -3,255 80,265 79,465 80,215 

 Federal Family Education Loans......................................................................................... ...... ...... ...... 29,484 29,484 29,484 

 Department of Energy: 

 Bonneville Power Administration Fund ............................................................................... 75 210 250 2,943 3,078 3,153 

 Western Area Power Administration - Recovery Act........................................................... ...... 15 52 161 176 176 

 Department of Health and Human Services: 

 Health Education Assistance Loans.................................................................................... ...... ...... ...... 1 1 1 

 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.............................................................................. ...... ...... ...... 23 23 23 

 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, 

January 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 ..................................................................................... ...... ...... ...... 36 36 36 

 Bureau of Indian Affairs ...................................................................................................... ...... ...... ...... 7 7 7 

 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.............................................................................................................. (**) (**) (**) 3 3 3 

 Department of Transportation: 

 Federal Aviation Administration: 

 Aircraft Purchase Loan Guarantee Program ..................................................................... ...... (**) ...... (**) ...... ...... 

 Federal Highway Administration: 

 Transportation Infrastructure Finance and Innovation Fund.............................................. 33 136 498 3,633 3,737 3,770 

 Federal Railroad Administration: 

 Railroad Rehabilitation and Improvement Loan Fund ....................................................... 4 59 18 509 564 567 

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

 Maritime Administration: 

 Ocean Freight Differential ................................................................................................. ...... -95 -127 95 (**) (**) 

 Maritime Guaranteed Loan (Title XI) Fund........................................................................ ...... ...... ...... 104 104 104 

 Department of Treasury: 

 Departmental Offices: 

 Community Development Financial Institutions Fund ....................................................... ...... ...... ...... 36 36 36 

 Housing and Economic Recovery Programs..................................................................... -7,397 -7,397 ...... 71,890 71,890 64,493 

 Temporary Credit and Liquidity Program .......................................................................... -3 -3 ...... 14,852 14,852 14,849 

 Troubled Assets Insurance Financing Fund...................................................................... ...... -60 ...... 833 773 773 

 Troubled Asset Relief Program......................................................................................... ...... -19,649 19,000 128,664 109,015 109,015 

 Small Business Lending Financing Fund .......................................................................... ...... ...... ...... 3,736 3,736 3,736 

 Federal Financing Bank Revolving Fund ............................................................................ -382 2,215 -8,210 45,257 47,854 47,472 

 Department of Veterans Affairs: 

 Veterans Housing Benefit Program Fund............................................................................ ...... 1,360 259 1,599 2,959 2,959 

 Native American Veteran Housing Fund............................................................................. ...... 11 27 74 85 85 

 Vocational Rehabilitation Loan Fund .................................................................................. 2 3 (**) 1 2 4 

 Corps of Engineers: 

 Washington Aqueduct......................................................................................................... ...... (**) (**) 5 5 5 

 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 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 .......................................................................... 46 155 150 1,828 1,937 1,983 

 International Monetary Programs........................................................................................ ...... ...... ...... 1,948 1,948 1,948 

 Small Business Administration: 

 Business Loan Fund ........................................................................................................... ...... ...... ...... 3,905 3,905 3,905 

 Disaster Loan Fund ............................................................................................................ ...... ...... 60 7,284 7,284 7,284 

 Independent Agencies: 

 Export-Import Bank of the United States............................................................................. 481 2,302 229 8,279 10,100 10,581 

 Federal Communications Commission: 

 Spectrum Auction Loan Fund ........................................................................................... ...... ...... ...... 50 50 50 

 National Credit Union Administration .................................................................................. ...... ...... ...... 3,500 3,500 3,500 

 Presidio Trust Fund ............................................................................................................ ...... ...... ...... 50 50 50 

 Railroad Retirement Board: 

 Social Security Equivalent Benefit Account....................................................................... 339 1,281 1,326 3,484 4,426 4,765 

 Smithsonian Institution: 

 John F. Kennedy Center Parking Facilities ....................................................................... ...... ...... ...... 20 20 20 

 Total Agency Borrowing from the Treasury 

 Financed Through Treasury Securities Issued ............................................................ -6,422 112,788 99,918 937,923 1,057,133 1,050,711 

 
24

Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Treasury Securities, 

January 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 ......................................................... -174 1,331 966 34,178 35,684 35,510 

 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.................................................................................................................. -2 6 18 778 787 784 

 Department of Energy: 

 Title 17 Innovative Technology Loans................................................................................. 328 1,508 677 6,921 8,101 8,429 

 Department of Health and Human Services: 

 Health Maintenance Organization Loan and 

 Loan Guarantee Fund........................................................................................................ ...... ...... ...... (**) (**) (**) 

 Department of Housing and Urban Development: 

 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....................................................................................................... -16 -32 -29 1,897 1,881 1,865 

 International Assistance Program: 

 Foreign Military Financing Program .................................................................................... (**) -1 -12 294 293 293 

 Small Business Administration: 

 Business Loan Fund ........................................................................................................... (**) (**) -1 1 (**) (**) 

 Independent Agencies: 

 National Credit Union Administration .................................................................................. ...... ...... -10,101 ...... ...... ...... 

 Postal Service..................................................................................................................... -725 -823 -19 13,000 12,903 12,177 

 Total Borrowing from the Federal Financing Bank ....................................................... -590 1,990 -8,501 57,075 59,655 59,065 

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, January 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............................................................................................................................. ...... ...... (**) 134 134 134 

 Department of Commerce............................................................................................................................. 3 3 3 ...... ...... 3 

 Department of Defense-Military Programs: 

 Defense Cooperation Account .................................................................................................................... ...... ...... (**) 8 8 8 

 Department of Energy................................................................................................................................... 107 363 307 53,274 53,530 53,637 

 Department of Health and Human Services.................................................................................................. ...... ...... 3 2,093 2,093 2,093 

 Department of Housing and Urban Development: 

 Housing Programs: 

 Federal Housing Administration Fund....................................................................................................... 356 1,591 2,133 4,161 5,396 5,752 

 Government National Mortgage Association: 

 Guarantees of Mortgage-Backed Securities ............................................................................................. -10 56 -24 2,134 2,200 2,190 

 Department of the Interior............................................................................................................................. -58 533 -95 6,808 7,399 7,341 

 Department of Labor..................................................................................................................................... 256 -45 -349 15,793 15,492 15,748 

 Department of Transportation ....................................................................................................................... -46 41 76 1,675 1,762 1,715 

 Department of the Treasury.......................................................................................................................... -17 -52 -245 24,799 24,764 24,748 

 Department of Veterans Affairs: 

 Veterans Reopened Insurance Fund .......................................................................................................... -3 -5 -4 281 279 276 

 Servicemen's Group Life Insurance Fund ................................................................................................... ...... (**) (**) 1 1 1 

 Other Defense Civil Programs: 

 Uniformed Services Retiree Health Care Fund ........................................................................................... -481 14,678 17,572 161,741 176,900 176,419 

 Office of Personnel Management: 

 Postal Service Contributions....................................................................................................................... ...... 821 783 43,708 44,528 44,528 

 Independent Agencies: 

 Federal Deposit Insurance Corporation: 

 Deposit Insurance Fund............................................................................................................................ -1,120 -1,972 907 42,227 41,375 40,255 

 FSLIC Resolution Fund............................................................................................................................. (**) 3 10 3,374 3,377 3,377 

 Federal Housing Finance Agency............................................................................................................... -20 34 41 78 132 112 

 National Credit Union Administration .......................................................................................................... -34 -1,947 1,071 15,075 13,161 13,127 

 Postal Service............................................................................................................................................. -143 -758 -392 1,815 1,199 1,057 

 Tennessee Valley Authority ........................................................................................................................ (**) (**) -200 25 25 25 

 Other .......................................................................................................................................................... 148 -58 73 14,849 14,643 14,791 

 Other ............................................................................................................................................................ 108 780 401 8,083 8,755 8,863 

 Total Treasury Securities.......................................................................................................................... -955 14,064 22,069 402,135 417,154 416,199 

 Total Federal Funds.............................................................................................................................. -955 14,064 22,069 402,135 417,154 416,199 

Trust Funds: 

 Legislative Branch: 

 Library of Congress .................................................................................................................................... (**) (**) 3 40 40 40 

 United States Tax Court.............................................................................................................................. ...... (**) ...... 11 11 11 

 Other .......................................................................................................................................................... -1 6 1 33 40 40 

 Judicial Branch: 

 Judicial Retirement Funds .......................................................................................................................... -6 (**) -10 918 924 918 

 Department of Agriculture............................................................................................................................. ...... ...... -23 ...... ...... ...... 

 Department of Defense-Military Programs: 

 Voluntary Separation Incentive Fund.......................................................................................................... -4 -3 28 358 359 355 

 Other .......................................................................................................................................................... -6 -8 -9 859 857 851 

 Department of Health and Human Services: 

 Federal Hospital Insurance Trust Fund....................................................................................................... 2,149 519 -4,013 245,939 244,310 246,459 

 Federal Supplementary Medical Insurance Trust 

 Fund ......................................................................................................................................................... 1,191 11,013 4,135 70,446 80,268 81,459 

 Other ......................................................................................................................................................... -24 13 80 3,137 3,174 3,150 

 

 
27

Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities, January 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.............................................................................................................. 22 125 158 4,108 4,211 4,233 

 Department of the Interior........................................................................................................................... -1 -13 1 58 47 46 

 Department of Labor: 

 Unemployment Trust Fund ....................................................................................................................... -3,635 -4,032 -6,216 16,030 15,634 11,999 

 Other ........................................................................................................................................................ -5 -35 -37 62 31 27 

 Department of State: 

 Foreign Service Retirement and Disability Fund ....................................................................................... -46 232 210 16,397 16,675 16,629 

 Other ........................................................................................................................................................ -1 -1 (**) 36 35 35 

 Department of Transportation: 

 Airport and Airway Trust Fund .................................................................................................................. -748 434 492 8,641 9,823 9,074 

 Highway Trust Fund.................................................................................................................................. 529 -1,917 -1,968 16,302 13,856 14,385 

 Department of Treasury.............................................................................................................................. -77 -178 -247 1,239 1,139 1,062 

 Department of Veterans Affairs: 

 General Post Fund, National Homes ........................................................................................................ ...... ...... -9 81 81 81 

 National Service Life Insurance ................................................................................................................ -88 -126 -89 7,541 7,503 7,415 

 United States Government Life Insurance Fund ....................................................................................... (**) -2 -1 17 16 16 

 Veterans Special Life Insurance Fund ...................................................................................................... -13 15 20 1,981 2,009 1,997 

 Corps of Engineers ..................................................................................................................................... -183 186 502 6,377 6,745 6,562 

 Other Defense Civil Programs: 

 Military Retirement Fund........................................................................................................................... 3,349 60,181 52,889 326,040 382,873 386,222 

 Other ........................................................................................................................................................ 16 -61 -18 2,171 2,094 2,110 

 Environmental Protection Agency............................................................................................................... -86 730 146 6,959 7,776 7,690 

 National Aeronautics and Space Administration ......................................................................................... ...... (**) (**) 15 15 15 

 Office of Personnel Management: 

 Civil Service Retirement and Disability Fund: 

 Treasury Securities................................................................................................................................. -4,106 3,428 3,858 803,813 811,347 807,241 

 Employees Life Insurance Fund................................................................................................................ 64 549 650 39,678 40,163 40,227 

 Employees and Retired Employees Health Benefits Fund........................................................................ 162 306 791 19,194 19,338 19,500 

 Social Security Administration: 

 Federal Old-Age and Survivors Insurance Trust 

 Fund ........................................................................................................................................................ 12,053 44,421 41,460 2,492,531 2,524,898 2,536,952 

 Federal Disability Insurance Trust Fund.................................................................................................... -1,386 -9,355 -7,909 161,965 153,996 152,610 

 Independent Agencies: 

 Harry S. Truman Memorial Scholarship Trust Fund.................................................................................. (**) (**) -1 48 48 48 

 Japan-United States Friendship Commission ........................................................................................... ...... ...... ...... 39 39 39 

 Railroad Retirement Board: 

 Treasury Securities................................................................................................................................. 77 -232 -432 2,157 1,849 1,925 

 Agency Securities................................................................................................................................... ...... ...... 2 6 6 6 

 Other ........................................................................................................................................................ 173 287 20 946 1,060 1,232 

 Total Treasury Securities........................................................................................................................ 9,367 106,483 84,459 4,256,166 4,353,283 4,362,649 

 Total Agency Securities .......................................................................................................................... ...... ...... 2 6 6 6 

 Total Trust Funds ............................................................................................................................... 9,367 106,483 84,460 4,256,172 4,353,289 4,362,655 

Grand Total ................................................................................................................................................. 8,412 120,547 106,530 4,658,307 4,770,443 4,778,855 

... 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, January 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 ..................................................................... -9 -24 92 524 509 500 

 Agricultural Credit Insurance Fund.................................................................................... -1 3 -4 -285 -280 -281 

 Rural Housing Service: 

 Rural Community Facility Loans ....................................................................................... (**) -1 (**) -56 -57 -57 

 Rural Housing Insurance Fund ......................................................................................... 5 -35 -83 -2,022 -2,062 -2,057 

 Rural Business-Cooperative Service: 

 Rural Business and Industry Loans .................................................................................. 1 36 7 -323 -288 -287 

 Renewable Energy Guaranteed Loan Account ................................................................. -1 -4 -1 -15 -18 -18 

 Biorefinery Assistance Loan Account................................................................................ -6 13 ...... -63 -45 -50 

 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....................................................................................... -281 -751 -80 15,755 15,286 15,004 

 Department of Energy: 

 Title 17 Innovative Technology Loans............................................................................... -1 -17 -6 -77 -93 -93 

 Department of Health and Human Services: 

 Health Resources and Services Administration: 

 Health Center Loans......................................................................................................... ...... ...... (**) -3 -3 -3 

 Health Education Assistance Loans.................................................................................. 1 4 1 -72 -69 -69 

 Department of Housing and Urban Development: 

 Public and Indian Housing Programs: 

 Indian Housing Loans ....................................................................................................... 2 -1 (**) -29 -32 -30 

 Native Hawaiian Housing Loans ....................................................................................... (**) (**) (**) -7 -7 -7 

 Community Planning and Development: 

 Community Development Loans....................................................................................... -1 -2 (**) -90 -91 -92 

 Housing Programs: 

 FHA-Mutual Mortgage Insurance Loans ........................................................................... 689 1,968 3,512 -25,467 -24,188 -23,500 

 FHA-General and Special Risk Fund ................................................................................ -76 322 294 -7,140 -6,742 -6,818 

 Home Ownership Preservation Entity Fund ...................................................................... (**) (**) -2 -19 -19 -19 

 Government National Mortgage Association: 

 Guarantees of Mortgaged-Backed Securities ................................................................... 89 686 418 5,698 6,295 6,384 

 

 
29

Table 6. Schedule E-Net Activity, Guaranteed and Direct Loan Financing, January 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 ...................................................................................................... (**) -4 -2 -69 -73 -73 

 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........................................................................ -35 -56 2 -93 -114 -149 

 Department of the Treasury: 

 Departmental Offices: 

 Air Transportation Stabilization Fund ................................................................................ ...... ...... ...... (**) (**) (**) 

 Troubled Assets Insurance Financing Fund...................................................................... ...... ...... -2,316 773 773 773 

 Troubled Asset Relief Program......................................................................................... ...... ...... ...... -1 -1 -1 

 Department of Veterans Affairs: 

 Veterans Benefits Administration: 

 Veterans Housing Benefit Program Fund.......................................................................... -11 -16 293 -3,492 -3,497 -3,508 

 Guaranteed Transitional Housing Loans for Homeless Veterans...................................... (**) (**) (**) (**) (**) (**) 

 International Assistance Program: 

 Agency for International Development: 

 Loan Guarantees to Israel ................................................................................................ ...... ...... ...... -1,972 -1,972 -1,972 

 Urban and Environmental Credit Guaranteed Loans ........................................................ (**) 1 1 -74 -73 -73 

 Microenterprise and Small Enterprise Development ......................................................... ...... (**) (**) ...... (**) (**) 

 Development Credit Authority Loan Fund ......................................................................... (**) -1 -3 -37 -38 -39 

 Loan Guarantees to Egypt................................................................................................ ...... ...... ...... -201 -201 -201 

 Overseas Private Investment Corporation .......................................................................... -11 -48 -29 -83 -120 -132 

 Small Business Administration: 

 Business Loan Fund ........................................................................................................... 35 297 523 -1,824 -1,561 -1,527 

 Independent Agencies: 

 Export-Import Bank of the United States............................................................................. -21 -121 -90 -1,310 -1,411 -1,431 

 Net Activity, Guaranteed Loan Financing ..................................................................... 369 2,248 2,526 -22,110 -20,232 -19,863 

 

 

 
30

Table 6. Schedule E-Net Activity, Guaranteed and Direct Loan Financing, January 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.................................................................................... -68 -261 -182 6,780 6,587 6,519 

 Farm Storage Facility Loans ............................................................................................. -1 41 88 683 725 724 

 Apple Loans Fund............................................................................................................. (**) (**) (**) (**) (**) (**) 

 Emergency Boll Weevil Loan Fund ................................................................................... ...... ...... ...... -1 -1 -1 

 Natural Resources Conservation Service: 

 Agricultural Resource Conservation Demonstration Program ........................................... ...... ...... ...... (**) (**) (**) 

 Rural Housing Service: 

 Rural Community Facility Loans Fund .............................................................................. 4 102 209 3,387 3,485 3,489 

 Rural Housing Insurance Fund ......................................................................................... -15 -41 100 15,307 15,281 15,266 

 Multifamily Housing Revitalization Loan Account.............................................................. 6 12 22 159 164 170 

 Rural Business-Cooperative Service: 

 Rural Business and Industry Loan Fund ........................................................................... (**) -1 -1 15 14 14 

 Rural Development Loan Fund ......................................................................................... -1 -7 -7 297 292 291 

 Rural Economic Development Loan Fund......................................................................... 1 1 4 100 101 102 

 Rural Microenterprise Investment Loans........................................................................... (**) 2 1 7 9 9 

 Rural Utilities Service: 

 Rural Water and Waste Disposal Loans ........................................................................... -13 38 219 9,283 9,334 9,321 

 Rural Electrification and Telecommunications Fund ......................................................... -85 952 455 42,218 43,255 43,170 

 Rural Telephone Bank ...................................................................................................... -3 -15 -12 393 381 378 

 Distance Learning and Telemedicine Program ................................................................. 19 92 33 714 787 806 

 Rural Development Insurance Fund ................................................................................. ...... ...... ...... 1,065 1,065 1,065 

 Foreign Agricultural Service: 

 P.L. 480 Direct Loan Fund................................................................................................ -4 -70 -73 917 851 847 

 International Debt Reduction ............................................................................................ ...... -4 -4 28 24 24 

 Department of Commerce: 

 National Oceanic and Atmospheric Administration: 

 Fisheries Finance ............................................................................................................. -5 14 14 539 558 553 

 Department of Defense-Military Programs............................................................................ (**) 50 40 778 828 828 

 Department of Education: 

 Office of Postsecondary Education: 

 College Housing and Academic Facilities Loans............................................................... (**) (**) (**) 7 7 7 

 Historically Black College and University Capital 

 Financing Fund................................................................................................................ -2 6 17 437 446 443 

 Office of Student Financial Assistance: 

 Federal Direct Student Loans ........................................................................................... 35,790 56,883 49,477 374,758 395,851 431,641 

 Teach Grant Loans ........................................................................................................... 11 33 38 253 275 286 

 Temporary Student Loan Purchase Authority ................................................................... -755 -3,132 -6 118,457 116,080 115,325 

 Department of Energy: 

 Advanced Technology Vehicles Manufacturing Loans........................................................ 97 358 270 3,359 3,621 3,718 

 Title 17 Innovative Technology Loans................................................................................. 194 778 137 1,700 2,284 2,478 

 Department of Homeland Security: 

 Disaster Assistance Loan Fund .......................................................................................... -2 -4 (**) -11 -14 -16 

 Department of Housing and Urban Development: 

 Housing Programs: 

 Emergency Homeowners' Relief Fund.............................................................................. (**) (**) ...... (**) (**) 1 

 FHA-Mutual Mortgage Insurance Loans ........................................................................... ...... (**) (**) -5 -5 -5 

 FHA-General and Special Risk Fund ................................................................................ ...... ...... ...... (**) (**) (**) 

 Green Retrofit Program for Multifamily Housing Fund....................................................... (**) -2 5 15 14 13 

 

 
31

Table 6. Schedule E-Net Activity, Guaranteed and Direct Loan Financing, January 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 ....................................................................................................... ...... ...... ...... 18 18 18 

 Bureau of Indian Affairs ...................................................................................................... (**) (**) (**) 3 3 3 

 Assistance to American Samoa Loan Fund ........................................................................ ...... ...... ...... 10 10 10 

 Department of State: 

 Administration of Foreign Affairs: 

 Repatriation Loans............................................................................................................ (**) (**) (**) -9 -9 -9 

 Department of Transportation: 

 Federal Highway Administration: 

 Transportation Infrastructure Finance and Innovation Fund.............................................. 36 122 497 3,600 3,686 3,722 

 Federal Railroad Administration: 

 Railroad Rehabilitation and Improvement Loan Fund ....................................................... 4 51 9 491 539 542 

 Department of the Treasury: 

 Departmental Offices: 

 Community Development Financial Institutions Fund ....................................................... -1 -2 -2 36 34 34 

 GSE Mortgage-Backed Securities Purchase Program...................................................... -7,735 -48,765 -22,434 69,107 28,077 20,341 

 Temporary Credit and Liquidity Program .......................................................................... 98 -31 -142 14,338 14,208 14,307 

 Troubled Asset Relief Program......................................................................................... -208 -2,214 -18,139 103,363 101,356 101,148 

 Small Business Lending Program..................................................................................... -35 -46 ...... 3,736 3,725 3,690 

 Financial Management Service........................................................................................... ...... ...... ...... (**) (**) (**) 

 Department of Veterans Affairs: 

 Veterans Benefits Administration: 

 Veterans Housing Benefit Program Fund.......................................................................... 9 -149 50 1,423 1,264 1,273 

 Native American Veteran Housing Fund........................................................................... (**) (**) 2 65 65 65 

 Vocational Rehabilitation Loan Fund ................................................................................ (**) (**) (**) 1 1 1 

 Environmental Protection Agency: 

 Abatement, Control, and Compliance Loan Program.......................................................... (**) -1 -1 2 1 1 

 International Assistance Program: 

 International Security Assistance: 

 Foreign Military Loan Program.......................................................................................... ...... ...... ...... 11 11 11 

 Military Debt Reduction..................................................................................................... ...... ...... ...... 32 32 32 

 Agency for International Development: 

 International Debt Reduction ............................................................................................ ...... -12 -53 141 129 129 

 Overseas Private Investment Corporation .......................................................................... 27 67 74 1,369 1,409 1,436 

 International Monetary Programs........................................................................................ ...... -2 ...... -29 -31 -31 

 Small Business Administration: 

 Business Loan Fund ........................................................................................................... (**) 3 -1 98 100 100 

 Disaster Loan Fund ............................................................................................................ -30 -80 -160 6,163 6,112 6,082 

 Independent Agencies: 

 Export-Import Bank of the United States............................................................................. 428 2,081 365 6,800 8,453 8,881 

 Federal Communications Commission: 

 Spectrum Auction Loan Fund ........................................................................................... (**) (**) ...... 13 13 13 

 Net Activity, Direct Loan Financing................................................................................. 27,759 6,843 10,909 792,423 771,508 799,267 

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 70,671 112,952 133,424 403,794 384,994 

Corporation Income Taxes..................................................... 2,466 1,637 51,510 4,549 60,162 39,577 

Social Insurance And Retirement Receipts: 

 Employment and General Retirement.................................. 54,528 58,501 54,691 74,823 242,544 253,837 

 Unemployment Insurance.................................................... 2,745 4,878 3,711 4,169 15,502 11,955 

 Other Retirement ................................................................. 293 347 318 290 1,248 1,401 

Excise Taxes ......................................................................... 4,870 6,708 6,220 5,771 23,569 21,907 

Estate and Gift Taxes ............................................................ 1,021 967 1,003 947 3,938 -81 

Customs Duties ..................................................................... 2,844 2,626 2,217 2,268 9,955 9,794 

Miscellaneous Receipts ......................................................... 7,558 6,067 7,341 8,079 29,044 34,963 

 Total--Receipts This Year.................................................. 163,072 152,402 239,963 234,319 789,756 ...... 

 (On-Budget)...................................................................... 123,769 110,346 201,911 178,871 614,897 ...... 

 (Off-Budget)...................................................................... 39,303 42,056 38,052 55,448 174,859 ...... 

 Total--Receipts Prior Year ................................................... 145,951 148,970 236,875 226,550 ...... 758,347

 (On Budget)......................................................................... 99,702 99,222 197,098 171,448 ...... 567,470

 (Off Budget)......................................................................... 46,249 49,748 39,778 55,102 ...... 190,877

Outlays: 

Legislative Branch ................................................................. 413 394 384 366 1,557 1,623 

Judicial Branch ...................................................................... 580 556 567 572 2,276 2,326 

Department of Agriculture: 

 Commodity Credit Corporation and 

 Foreign Agricultural Service................................................ 6,315 2,060 1,051 466 9,892 11,689 

 Other ................................................................................... 11,687 9,037 12,928 13,031 46,682 41,790 

Department of Commerce...................................................... 899 931 940 811 3,582 3,413 

Department of Defense: 

 Military Programs: 

 Military Personnel .............................................................. 23,231 12,034 16,032 6,560 57,857 64,034 

 Operation and Maintenance............................................... 20,458 22,764 24,608 21,799 89,629 91,460 

 International Reconstruction 

 and Other Assistance ....................................................... (**) (**) (**) (**) (**) 1 

 Procurement ...................................................................... 8,811 9,794 10,749 12,997 42,351 45,117 

 Research, Development, Test, 

 and Evaluation.................................................................. 3,890 5,992 7,339 4,371 21,592 23,777 

 Military Construction .......................................................... 1,351 1,491 1,431 1,154 5,427 6,986 

 Family Housing.................................................................. 168 195 222 131 716 1,126 

 Revolving and Management Funds ................................... -191 724 1,243 299 2,075 1,690 

 Other ................................................................................. 336 139 -541 110 44 -48 

 Total Military Programs .................................................. 58,055 53,132 61,084 47,420 219,691 234,144 

Department of Education ....................................................... 4,075 6,628 6,438 367 17,508 30,896 

Department of Energy............................................................ 2,983 2,835 3,233 2,593 11,644 11,477 

Department of Health and Human Services: 

 National Institutes of Health................................................. 2,577 2,688 2,638 2,603 10,505 11,048 

 Centers for Medicare And Medicaid Services: 

 Grants to States for Medicaid ............................................ 19,652 20,881 20,756 17,885 79,174 97,255 

 Federal Hospital Ins. Trust Fund........................................ 15,174 20,989 20,347 20,018 76,528 77,143 

 Federal Supp. Med. Ins. Trust Fund .................................. 14,529 24,843 23,995 21,859 85,226 92,091 

 Other ................................................................................. 15,934 20,414 20,102 21,167 77,617 79,853 

 Administration for Children and Families.............................. 4,005 4,347 4,418 3,785 16,556 18,543 

 Other ................................................................................... -18,722 -22,213 -21,996 -23,894 -86,825 -88,793 

Department of Homeland Security......................................... 5,002 4,578 4,754 3,397 17,732 15,344 

Department of Housing and Urban Development .................. 3,921 4,090 4,180 3,626 15,817 16,714 

Department of the Interior...................................................... 1,019 1,213 1,013 940 4,185 4,547 

Department of Justice............................................................ 3,049 2,562 2,587 2,463 10,661 10,634 

Department of Labor: 

 Unemployment Trust Fund .................................................. 7,779 8,791 8,432 9,754 34,756 43,332 

 Other ................................................................................... -690 1,359 1,510 567 2,746 5,147 

Department of State............................................................... 2,233 2,547 2,796 1,796 9,372 8,065 

Department of Transportation: 

 Highway Trust Fund............................................................. 3,811 3,329 3,430 2,202 12,772 11,570 

 Other ................................................................................... 3,482 3,205 3,491 2,695 12,873 14,785 

 
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 the Treasury: 

 Interest on Treasury Debt Securities (Gross)....................... 27,771 21,709 98,114 21,106 168,700 169,362 

 Other ................................................................................... 5,188 3,155 13,434 4,163 25,940 25,405 

Department of Veterans Affairs: 

 Compensation And Pensions............................................... 585 4,541 8,808 501 14,436 17,024 

 National Service Life............................................................ 72 75 81 84 312 303 

 Other ................................................................................... 5,332 5,369 5,639 5,147 21,487 22,064 

Corps of Engineers................................................................ 755 719 844 580 2,899 3,731 

Other Defense Civil Programs ............................................... -696 4,829 9,356 1,049 14,537 17,886 

Environmental Protection....................................................... 549 948 927 910 3,335 3,918 

Executive Office of the President........................................... 34 27 31 29 120 157 

General Services Administration............................................ 112 66 277 -5 451 443 

International Assistance Program: 

 International Security Assistance......................................... 444 365 1,802 2,720 5,331 3,583 

 Multilateral Assistance ......................................................... 460 100 5 21 586 806 

 Agency for International Development ................................. 360 620 272 397 1,648 1,575 

 Other ................................................................................... -43 1,418 304 -50 1,630 -481 

National Aeronautics and Space Administration .................... 1,168 1,523 1,734 975 5,399 5,859 

National Science Foundation................................................. 610 537 569 564 2,280 2,248 

Office of Personnel Management .......................................... 6,972 6,043 5,964 6,946 25,924 24,472 

Small Business Administration............................................... 113 103 95 101 411 499 

Social Security Administration: 

 Federal Old-Age and Survivors Ins. 

 Trust Fund (Off-Budget)...................................................... 50,352 50,408 51,017 52,298 204,075 196,411 

 Federal Disability Ins. Trust 

 Fund (Off-Budget)............................................................... 10,980 10,887 11,164 11,534 44,564 43,052 

 Other ................................................................................... 156 4,204 8,178 584 13,122 16,116 

Independent Agencies: 

 Fed. Deposit Ins. Corp: 

 Deposit Insurance Fund..................................................... 804 -1,058 1,105 1,120 1,971 -914 

 FSLIC Resolution Fund...................................................... -7 -2 51 (**) 42 -17 

 Postal Service: 

 Off-Budget: 

 Public Enterprise Funds................................................... 745 -776 290 -735 -476 295 

 Other................................................................................ 34 20 ...... 202 256 110 

 Other ................................................................................. ...... ...... 76 ...... 76 102 

 Tennessee Valley Authority ................................................. -356 422 186 295 547 533 

 Other Independent Agencies ............................................... 6,632 921 3,390 2,361 13,304 -3,909 

Undistributed Offsetting Receipts: 

 Employer Share, Employee Retirement............................... -21,363 -5,519 -6,635 -5,420 -38,937 -37,263 

 Interest Received by Trust Funds ........................................ -3,615 -511 -80,226 -1,058 -85,409 -89,038 

 Rents and Royalties on Outer 

 Continental Shelf Lands...................................................... -370 -636 3 -1,178 -2,181 -1,862 

Totals This Year: 

 Total Outlays...................................................................... 261,539 289,704 325,930 261,731 1,138,903 ...... 

 (On-Budget)...................................................................... 214,770 238,285 328,868 217,658 999,581 ...... 

 (Off-Budget)...................................................................... 46,768 51,419 -2,939 44,073 139,323 ...... 

 Total-Surplus (+) or Deficit (-) ........................................... -98,466 -137,302 -85,967 -27,412 -349,147 ...... 

 (On-Budget)...................................................................... -91,001 -127,939 -126,957 -38,787 -384,684 ...... 

 (Off-Budget)...................................................................... -7,465 -9,363 +40,991 +11,375 +35,537 ...... 

 Total Borrowing from the Public ...................................... 132,149 134,758 59,058 124,724 450,689 461,243 

 Total-Outlays Prior Year ...................................................... 286,384 299,364 315,009 276,346 ...... 1,177,103

 (On-Budget)....................................................................... 232,255 241,169 314,504 230,966 ...... 1,018,894

 (Off-Budget)....................................................................... 54,128 58,195 505 45,380 ...... 158,209

 Total-Surplus (+) or Deficit (-) Prior Year ............................. -140,432 -150,394 -78,134 -49,796 ...... -418,756

 (On-Budget)....................................................................... -132,553 -141,947 -117,406 -59,518 ...... -451,424

 (Off-Budget)....................................................................... -7,879 -8,447 +39,272 +9,722 ...... +32,667

... 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 January 31, 2012 

[$ millions] 

This Month Fiscal Year to Date Securities Held as Investments

Current Fiscal Year 

Classification Beginning of 

Receipts Outlays Excess Receipts Outlays Excess This 

Year This Month

Close of

This Month

Trust Receipts, Outlays, and Investments Held: 

 Airport and Airway ................................................................................................................ 872 1,117 -245 3,345 3,718 -373 8,641 9,823 9,074 

 Black Lung Disability............................................................................................................. 47 25 22 174 90 84 ...... ...... ...... 

 Federal Disability Insurance.................................................................................................. 9,939 11,534 -1,595 35,138 44,564 -9,426 161,965 153,996 152,610 

 Federal Employees Life and Health...................................................................................... ...... -226 226 ...... -846 846 58,872 59,500 59,726 

 Federal Employees Retirement ............................................................................................ 2,281 6,352 -4,072 28,147 24,388 3,759 821,138 828,957 824,798 

 Federal Hospital Insurance................................................................................................... 22,461 20,097 2,364 77,711 76,905 807 245,939 244,310 246,459 

 Federal Old-Age and Survivors Insurance ............................................................................ 64,735 52,298 12,437 248,818 204,075 44,743 2,492,531 2,524,898 2,536,952 

 Federal Supplementary Medical Insurance........................................................................... 23,317 21,859 1,458 94,238 85,226 9,013 70,446 80,268 81,459 

 Hazardous Substance Superfund ......................................................................................... 3 110 -106 1,089 442 647 3,509 4,300 4,207 

 Highways.............................................................................................................................. 3,071 2,756 316 11,366 15,933 -4,567 16,302 13,856 14,385 

 Military Advances.................................................................................................................. 1,821 1,899 -78 7,306 8,157 -851 ...... ...... ...... 

 Military Retirement................................................................................................................ 2,854 394 2,461 81,365 13,367 67,998 326,040 382,873 386,222 

 Railroad Retirement.............................................................................................................. 775 1,185 -410 1,788 4,250 -2,462 2,163 1,855 1,931 

 Unemployment ..................................................................................................................... 4,325 9,764 -5,439 35,771 34,792 980 16,030 15,634 11,999 

 Veterans Life Insurance........................................................................................................ 6 103 -96 213 325 -112 9,539 9,529 9,427 

 All Other Trust ...................................................................................................................... 599 366 233 2,147 1,643 505 23,056 23,490 23,407 

 Total Trust Fund Receipts and Outlays 

 and Investments Held from Table 6-D............................................................................ 137,109 129,633 7,475 628,617 517,028 111,589 4,256,172 4,353,289 4,362,655 

Less: Interfund Transactions................................................................................................... 53,513 53,513 ...... 352,515 352,515 ...... 

Trust Fund Receipts and Outlays on the Basis 

 of Tables 4 & 5 ...................................................................................................................... 83,596 76,120 7,475 276,102 164,513 111,589 

Total Federal Fund Receipts and Outlays........................................................................... 150,784 185,671 -34,887 513,953 974,689 -460,736 

 Less: Interfund Transactions................................................................................................. 60 60 ...... 298 298 ...... 

Federal Fund Receipts and Outlays on The 

 Basis of Table 4 & 5............................................................................................................... 150,723 185,611 -34,887 513,655 974,391 -460,736 

Net Budget Receipts & Outlays ........................................................................................... 234,319 261,731 -27,412 789,756 1,138,903 -349,147 

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, January 2012 and Other Periods 

[$ millions] 

Classification This Month Fiscal Year 

to Date 

Comparable Period 

Prior Fiscal Year 

Receipts 

Individual Income Taxes .................................................................................................................. 133,424 403,794 384,994 

Corporation Income Taxes............................................................................................................... 4,549 60,162 39,577 

Social Insurance and Retirement Receipts: 

 Employment and General Retirement............................................................................................ 74,823 242,544 253,837 

 Unemployment Insurance.............................................................................................................. 4,169 15,502 11,955 

 Other Retirement ........................................................................................................................... 290 1,248 1,401 

Excise Taxes ................................................................................................................................... 5,771 23,569 21,907 

Estate and Gift Taxes ...................................................................................................................... 947 3,938 -81 

Customs Duties ............................................................................................................................... 2,268 9,955 9,794 

Miscellaneous Receipts ................................................................................................................... 8,079 29,044 34,963 

 Total.......................................................................................................................................... 234,319 789,756 758,347 

Net Outlays 

National Defense ............................................................................................................................. 49,739 229,577 244,024 

International Affairs.......................................................................................................................... 4,971 18,670 13,879 

General Science, Space, and Technology....................................................................................... 1,968 9,571 10,044 

Energy ............................................................................................................................................. 1,457 5,553 4,175 

Natural Resources and Environment ............................................................................................... 3,096 13,640 15,545 

Agriculture ....................................................................................................................................... 2,040 14,264 14,225 

Commerce and Housing Credit........................................................................................................ 1,529 18,085 -6,386 

Transportation ................................................................................................................................. 6,036 31,032 31,782 

Community and Regional Development........................................................................................... 1,759 10,439 8,116 

Education, Training, Employment and Social Services .................................................................... 2,649 27,490 40,742 

Health .............................................................................................................................................. 25,497 111,681 129,374 

Medicare.......................................................................................................................................... 35,747 137,306 146,697 

Income Security............................................................................................................................... 35,887 157,365 183,124 

Social Security................................................................................................................................. 63,829 248,629 239,360 

Veterans Benefits and Services....................................................................................................... 5,699 36,373 39,486 

Administration of Justice.................................................................................................................. 4,266 19,013 19,660 

General Government ....................................................................................................................... 2,013 8,525 7,048 

Net Interest...................................................................................................................................... 20,148 82,809 75,332 

Undistributed Offsetting Receipts .................................................................................................... -6,598 -41,119 -39,125 

 Total.......................................................................................................................................... 261,731 1,138,903 1,177,103 

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, 2005

(Available from the U.S. Government Accountability Office, at 

http://www.gao.gov/new.items/do5734sp.pdf/September, 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/nspd.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 February 2012 Statement 

will be 2:00 p.m. EST March 12, 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