1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday June 09, 2008 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE I Operating Cash Balance | ___________________________________________________________________________________________ | | | Opening balance | | _________________________________________________________________ | Closing | | | This | | Type of account | balance | | This | fiscal | | | today | Today | month | year | ___________________________________________________________________________________________ Federal Reserve Account $ 4,167 $ 4,933 $ 4,620 $ 5,539 Tax and Loan Note Accounts (Table V) 5,556 1,433 9,282 69,698 Total Operating Balance 9,724 6,366 13,902 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday June 09, 2008 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE II Deposits and Withdrawals of Operating Cash | ___________________________________________________________________________________________ | | | This | Fiscal | | Deposits | Today | month | year | | | | to date | to date | ___________________________________________________________________________________________ Federal Reserve Account: Agriculture Loan Repayments (misc) 16 189 4,665 Commodity Credit Corporation programs 62 438 8,563 Customs and Certain Excise Taxes 73 438 23,072 Deposits by States: Supplemental Security Income 0 301 3,142 Unemployment 13 118 25,599 Education Department programs 67 333 9,442 Energy Department programs 5 105 4,710 Estate and Gift Taxes 86 488 21,150 Federal Reserve Earnings 0 615 26,116 Foreign Deposits, Military Sales 19 818 11,826 FTD's Received (Table IV) 1,650 12,382 393,140 Housing and Urban Development programs 3 171 4,247 Individual Income and Employment Taxes, Not Withheld 899 3,603 354,041 Interest recd from T&L Depositaries 0 4 532 Justice Department programs 13 63 2,743 Postal Service 426 2,618 71,900 Public Debt Cash Issues (Table III-B) 355 140,494 3,492,348 Other Deposits: Air Transport Security Fees 1 36 1,606 Federal Housing Admin: Note Sales 64 226 1,504 Medicare Premiums 58 235 13,387 Thrift Savings Plan Transfer 100 142 12,183 Total Other Deposits 222 1,710 62,513 Change in Balance of Uncollected Funds (closing balance $ 38) 85 169 121 Transfers from Depositaries 7,997 66,586 2,376,348 Total Federal Reserve Account 11,991 231,642 6,896,216 Tax and Loan Note Accounts: FTD's Received (Table IV) 7,822 37,850 1,116,844 Transfers from Federal Reserve Account (Table V) 4,298 25,010 1,195,362 Total Tax and Loan Note Accounts (Table V) 12,120 62,860 2,312,206 Total Deposits (excluding transfers) 11,816 202,907 5,636,712 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday June 09, 2008 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ ___________________________________________________________________________________________ | | | This | Fiscal | | Withdrawals | Today | month | year | | | | to date | to date | ___________________________________________________________________________________________ Federal Reserve Account: Commodity Credit Corporation programs 20 100 21,056 Defense Vendor Payments (EFT) 1,357 7,901 236,484 Education Department programs 350 1,691 64,936 Energy Department programs 59 478 19,443 Federal Employees Insurance Payments 126 873 38,792 Fed. Highway Administration programs 322 1,024 22,772 Federal Salaries (EFT) 123 3,371 109,412 Food and Nutrition Service (misc) 488 1,604 29,079 Food Stamps 17 69 12,368 GSA programs 40 590 11,578 Health and Human Services Grants (misc) 231 1,585 55,087 Housing and Urban Development programs 97 2,781 39,533 Interest on Treasury Securities 2 4,562 124,177 Justice Department programs 64 286 8,367 Labor Dept. prgms (excl. unemployment) 41 310 9,061 Medicaid 830 4,457 138,294 Medicare 711 6,636 311,924 NASA programs 50 342 10,318 Postal Service Money Orders and Other 246 1,299 34,168 Public Debt Cash Redemp. (Table III-B) 70 113,794 3,284,328 Social Security Benefits (EFT) 64 21,839 346,291 Temporary Assistance for Needy Families (HHS) 42 387 12,697 Unemployment Insurance Benefits 151 996 26,717 Veterans Affairs programs 150 657 18,219 Other Withdrawals: Emergency Prep & Response (DHS) 61 294 6,563 IRS Tax Refunds Business (EFT) 453 1,227 27,899 Tennessee Valley Authority (net) 81 75 -134 Transportation Security Admin. (DHS) 8 37 1,571 Unclassified 2,205 17,030 260,781 Total, Other Withdrawals 2,809 29,454 717,127 Transfers to Depositaries 4,298 25,010 1,195,362 Total Federal Reserve Account 12,756 232,095 6,897,588 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 7,997 66,586 2,376,348 Total Withdrawals (excluding transfers) 8,459 207,085 5,702,226 Net Change in Operating Cash Balance 3,358 -4,178 -65,514 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday June 09, 2008 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE III-A Public Debt Transactions | ___________________________________________________________________________________________ | | | This | Fiscal | | Issues | Today | month | year | | | | to date | to date | ___________________________________________________________________________________________ Marketable: Bills: Regular Series -5 87,000 2,568,514 Cash Management Series 0 0 302,003 Notes -5 52,926 526,421 Bonds 0 0 39,066 Inflation-Protected Securities Increment 300 1,206 12,973 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 9 85 2,832 Interest Increment 0 564 5,301 Government Account Series 149,417 907,912 25,414,243 Domestic Series 0 0 599 Foreign Series 0 0 2,900 State and Local Series 356 1,118 53,732 Other 0 114 15,749 Total Issues 150,072 1,050,925 28,944,333 (Stated at face value except for savings and retirement plan securities which are stated at current redemption value.) ___________________________________________________________________________________________ | | | This | Fiscal | | Redemptions | Today | month | year | | | | to date | to date | ___________________________________________________________________________________________ Marketable: Bills 0 79,416 2,701,768 Notes 0 25,933 464,377 Bonds 0 0 10,131 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 55 324 9,753 Government Account Series 148,524 918,580 25,260,858 Domestic Series 0 0 599 Foreign Series 0 0 2,600 State and Local Series 13 8,019 77,129 Other 2 103 17,554 Total Redemptions 148,594 1,032,374 28,544,769 Net Change in Public Debt Outstanding 1,478 18,551 399,564 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday June 09, 2008 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE III-B Adjustment of Public Debt Transactions to Cash Basis | ___________________________________________________________________________________________ | | | This | Fiscal | | Transactions | Today | month | year | | | | to date | to date | ___________________________________________________________________________________________ Public Debt Cash Issues: Public Debt Issues (Table III-A) 150,072 1,050,925 28,944,333 Premium on New Issues 0 0 815 Discount on New Issues: Bills (-) 0 721 19,316 Bonds and Notes (-) 0 28 1,686 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 149,417 907,912 25,413,822 Interest Increment on United States Savings Securities (-) 0 564 5,301 Inflation-Protected Securities Increment 300 1,206 12,675 Total Public Debt Cash Issues Deposited in Federal Reserve Account 355 140,494 3,492,348 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 148,594 1,032,374 28,544,769 Premium on Debt Buyback Operation 0 0 0 Discount on Debt Buyback Operation (-) 0 0 0 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 148,524 918,580 25,260,441 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 70 113,794 3,284,328 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday June 09, 2008 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE III-C Debt Subject to Limit | ___________________________________________________________________________________________ | | | Opening balance | | _________________________________________________________________ | Closing | | | Fiscal | | Balance Transactions | balance | | This | year | | | today | Today | month | | ___________________________________________________________________________________________ Debt Held by the Public 1/ $ 5,307,821 $ 5,307,140 $ 5,278,567 $ 5,049,306 Intragovernmental Holdings 4,099,396 4,098,599 4,110,100 3,958,348 Total Public Debt Outstanding 9,407,217 9,405,739 9,388,667 9,007,653 Less: Debt Not Subject to Limit: Other Debt 497 497 497 502 Unamortized Discount 50,347 50,543 50,217 71,877 Federal Financing Bank 14,000 14,000 14,000 14,000 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 51 51 51 69 Total Public Debt Subject to Limit 9,342,425 9,340,750 9,324,005 8,921,343 Statutory Debt Limit 9,815,000 9,815,000 9,815,000 9,815,000 Act of September 29, 2007, permanently increased the statutory debt limit to $9,815 billion. Unamortized Discount represents the discount adjustment on Treasury bills and zero-coupon bonds (amortization is calculated daily). 1/The par value of securities held by Treasury under repurchase agreements pl us the inflation compensation, less unamortized discount on bills was $1,23 6 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Monday June 09, 2008 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE IV Federal Tax Deposits | ___________________________________________________________________________________________ | | | This | Fiscal | | Classification | Today | month | year | | | | to date | to date | ___________________________________________________________________________________________ Withheld Income and Employment Taxes $ 9,299 $ 50,184 $ 1,274,891 Individual Income Taxes 17 95 16,157 Railroad Retirement Taxes 32 155 3,385 Excise Taxes 59 116 41,757 Corporation Income Taxes 68 957 212,827 Federal Unemployment Taxes 5 24 6,402 Estate and Gift Taxes & Misc IRS Rcpts. 2 17 529 Change in Balance of Unclassified Taxes 17 273 157 Total 9,499 51,820 1,556,105 These Receipts were deposited in: Federal Reserve Account: Directly 41 802 26,828 Collector Depositaries 1,609 11,579 366,312 Tax and Loan Accounts 7,822 37,850 1,116,844 Inter-agency Transfers 27 1,588 46,122 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 4 $ 154 $ 476 $ 1,433 Deposits: Taxes Received (Table IV) 4 39 7,780 7,822 Transfers to Depositaries 0 1 96 98 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 3,000 Repo Investment 0 0 0 1,200 Withdrawals: Treasury Initiated 0 0 4,461 4,461 Depositary Initiated 1 12 2,723 2,736 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 800 Closing Balance Today 7 182 1,168 5,556 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday June 09, 2008 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE VI Income Tax Refunds Issued | ___________________________________________________________________________________________ | | | This | Fiscal | | Classification | Today | month | year | | | | to date | to date | ___________________________________________________________________________________________ Individual 2/$ 59 $ 7,293 $ 310,829 Business 475 1,736 51,185 2/Includes $36 million for payments issued in accordance with provisions of t he Economic Stimulus Act of 2008 (PL 110-185). This statement summarizes the United States Treasury's cash and debt operations for the Federal Government. Treasury's operating cash is maintained in an account at the Federal Reserve Bank of New York and in Tax and Loan accounts at commercial banks. Major information sources include: Federal Reserve Banks, Treasury Regional Financial Centers, Internal Revenue Service Centers, Bureau of the Public Debt and various electronic systems. Information is presented on a modified cash basis. Deposits are reflected as received and withdrawals are reflected as processed. SOURCE: Financial Management Service, Department of the Treasury Note: The Daily Treasury Statement (DTS) is available by 4:00 p.m. the following business day on the Financial Management Service (FMS) website www.fms.treas.gov/dts. For more information, call the Cash Forecasting Division at 202-874-9790. The DTS is also available on the Department of Commerce's "State of the Nation" website: http://www.stat-usa.gov/sotn. For more information regarding this system, please call 202-482-1986.