Tuesday, April 5, 2011

US Treasury March 2011 Balance Sheet

The US Treasury has released their March balance sheet...

March Expenditures: $1,118,700,000,000
$705,300,000,000 Treasury securities due in March
$62,011,000,000 tax refunds to individuals
$49,800,000,000 Social Security benefits
$47,400,000,000 Medicare benefits
$37,900,000,000 defense contractors
$22,575,000,000 Medicaid benefits
$3,887,000,000 tax refunds to businesses

March Revenue: $212,000,000,000
$194,000,000,000 tax collection
$18,000,000,000 sold assets from TARP

March Borrowing:
$786,500,000,000 new Treasury securities

March Withdrawal from cash balances:
$72,500,000,000 ($118,100,000,000 in reserve)