US Government Debt Different - Finance Department - University of ...

314The 2011 Debt Limit Impasse: Treasury’s Actions & The Counterfactual – What Might Have Happened if the National Debt Hit the Statutory LimitaPPendix B: reLeVanT augusT 2-31, 2011 FinanciaLs 364Figure 1. Actual Non- Debt Inflows ($186bn) and Outflows ($314bn)(in $ billions)Figure 2. Accumulation of Delinquent Payments Under FIFO Approach(in $ billions)364Treasury Direct, Daily Treasury Statements, August 2, 2011 – August 31, 2011. Amountsreflect actual figures observed in August 2011, as stated in 30 days of Daily Treasury Statements.Figure 1: “Deposits” calculated as Gross Deposits minus deposits from Public DebtCash Issuances, which were only enabled due to the BCA. “Withdrawals” are displayed as grossWithdrawals minus Public Cash Redemptions, which were rolled over in new debt issuances.Figure 2 displays accumulated net withdrawals minus net deposits over the course of August.