1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday June 10, 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 $ 5,166 $ 4,167 $ 4,620 $ 5,539 Tax and Loan Note Accounts (Table V) 636 5,556 9,282 69,698 Total Operating Balance 5,802 9,724 13,902 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday June 10, 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) 24 213 4,689 Commodity Credit Corporation programs 65 503 8,628 Customs and Certain Excise Taxes 90 528 23,162 Deposits by States: Supplemental Security Income 0 301 3,142 Unemployment 16 135 25,616 Education Department programs 48 381 9,489 Energy Department programs 13 118 4,723 Estate and Gift Taxes 187 675 21,336 Federal Reserve Earnings 0 615 26,116 Foreign Deposits, Military Sales 3 820 11,829 FTD's Received (Table IV) 605 12,987 393,745 Housing and Urban Development programs 64 235 4,311 Individual Income and Employment Taxes, Not Withheld 1,896 5,499 355,937 Interest recd from T&L Depositaries 0 4 532 Justice Department programs 86 149 2,830 Postal Service 435 3,054 72,335 Public Debt Cash Issues (Table III-B) 159 140,653 3,492,507 Other Deposits: Gas and Oil Lease Sales Proceeds 129 726 7,909 Total Other Deposits 129 1,839 62,642 Change in Balance of Uncollected Funds (closing balance $ 180) -142 27 -21 Transfers from Depositaries 6,401 72,987 2,382,749 Total Federal Reserve Account 10,081 241,723 6,906,297 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,414 39,264 1,118,258 Transfers from Federal Reserve Account (Table V) 67 25,076 1,195,429 Total Tax and Loan Note Accounts (Table V) 1,481 64,340 2,313,687 Total Deposits (excluding transfers) 5,094 208,001 5,641,806 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday June 10, 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 11 111 21,067 Defense Vendor Payments (EFT) 2,275 10,177 238,760 Education Department programs 225 1,916 65,161 Energy Department programs 80 558 19,523 Federal Employees Insurance Payments 441 1,313 39,233 Fed. Highway Administration programs 140 1,164 22,912 Federal Salaries (EFT) 133 3,504 109,545 Food and Nutrition Service (misc) 318 1,923 29,398 Food Stamps 8 77 12,376 GSA programs 60 649 11,638 Health and Human Services Grants (misc) 355 1,940 55,442 Housing and Urban Development programs 126 2,907 39,659 Interest on Treasury Securities 2 4,564 124,179 Justice Department programs 42 328 8,409 Labor Dept. prgms (excl. unemployment) 43 353 9,104 Medicaid 1,147 5,604 139,441 Medicare 430 7,066 312,354 NASA programs 35 377 10,353 Postal Service Money Orders and Other 191 1,491 34,359 Public Debt Cash Redemp. (Table III-B) 66 113,861 3,284,394 Social Security Benefits (EFT) 39 21,879 346,330 Temporary Assistance for Needy Families (HHS) 59 446 12,756 Unemployment Insurance Benefits 200 1,196 26,918 Veterans Affairs programs 112 769 18,330 Other Withdrawals: Interior 77 309 8,406 Transportation Security Admin. (DHS) 4 41 1,575 Unclassified 2,394 19,424 263,175 Total, Other Withdrawals 2,476 31,930 719,603 Transfers to Depositaries 67 25,076 1,195,429 Total Federal Reserve Account 9,082 241,177 6,906,670 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 6,401 72,987 2,382,749 Total Withdrawals (excluding transfers) 9,016 216,101 5,711,241 Net Change in Operating Cash Balance -3,922 -8,100 -69,435 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday June 10, 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 0 87,000 2,568,514 Cash Management Series 0 0 302,003 Notes 0 52,926 526,421 Bonds 0 0 39,066 Inflation-Protected Securities Increment 99 1,305 13,072 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 5 90 2,837 Interest Increment 0 564 5,301 Government Account Series 149,219 1,057,131 25,563,463 Domestic Series 0 0 599 Foreign Series 0 0 2,900 State and Local Series 155 1,273 53,887 Other 0 114 15,749 Total Issues 149,478 1,200,403 29,093,811 (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 49 373 9,803 Government Account Series 145,062 1,063,642 25,405,920 Domestic Series 0 0 599 Foreign Series 0 0 2,600 State and Local Series 16 8,035 77,146 Other 1 103 17,554 Total Redemptions 145,128 1,177,502 28,689,898 Net Change in Public Debt Outstanding 4,350 22,900 403,914 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday June 10, 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) 149,478 1,200,403 29,093,811 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 (-) 149,219 1,057,131 25,563,042 Interest Increment on United States Savings Securities (-) 0 564 5,301 Inflation-Protected Securities Increment 99 1,305 12,774 Total Public Debt Cash Issues Deposited in Federal Reserve Account 159 140,653 3,492,507 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 145,128 1,177,502 28,689,898 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 (-) 145,062 1,063,642 25,405,503 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 66 113,861 3,284,394 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday June 10, 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 $ 5,308,044 $ 5,307,821 $ 5,278,567 $ 5,049,306 Intragovernmental Holdings 4,103,523 4,099,396 4,110,100 3,958,348 Total Public Debt Outstanding 9,411,567 9,407,217 9,388,667 9,007,653 Less: Debt Not Subject to Limit: Other Debt 497 497 497 502 Unamortized Discount 50,281 50,347 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 9,346,840 9,342,425 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 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Tuesday June 10, 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 $ 1,979 $ 52,163 $ 1,276,870 Individual Income Taxes 36 131 16,193 Railroad Retirement Taxes 1 156 3,386 Excise Taxes 133 249 41,891 Corporation Income Taxes 365 1,322 213,193 Federal Unemployment Taxes 3 26 6,404 Estate and Gift Taxes & Misc IRS Rcpts. 3 20 532 Change in Balance of Unclassified Taxes -24 249 133 Total 2,497 54,317 1,558,602 These Receipts were deposited in: Federal Reserve Account: Directly 41 843 26,869 Collector Depositaries 564 12,144 366,876 Tax and Loan Accounts 1,414 39,264 1,118,258 Inter-agency Transfers 477 2,065 46,599 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 7 $ 182 $ 1,168 $ 5,556 Deposits: Taxes Received (Table IV) 4 31 1,380 1,414 Transfers to Depositaries 0 1 66 67 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 1,920 1,920 Depositary Initiated 0 10 270 280 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 3,000 Repo Investment 0 0 0 1,200 Closing Balance Today 11 203 422 636 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday June 10, 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 1/$ 13 $ 7,306 $ 310,841 Business 306 2,041 51,490 1/Includes $1 million for payments issued in accordance with provisions of th e 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.