1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday October 01, 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 $ 5,278 $ 32,988 $ 32,988 $ 32,988 Supplementary Financing Prog 344,473 299,491 299,491 299,491 Tax and Loan Note Accounts (Table V) 44,138 39,129 39,129 39,129 Total Operating Balance 393,889 371,608 371,608 371,608 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday October 01, 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) 67 67 67 Air Transport Security Fees 7 7 7 Commodity Credit Corporation programs 82 82 82 Customs and Certain Excise Taxes 83 83 83 Deposits by States: Supplemental Security Income 2 2 2 Unemployment 14 14 14 Education Department programs 40 40 40 Energy Department programs 61 61 61 Estate and Gift Taxes 2 2 2 Federal Reserve Earnings 1,021 1,021 1,021 Foreign Deposits, Military Sales 783 783 783 FTD's Received (Table IV) 4,110 4,110 4,110 Housing and Urban Development programs 54 54 54 Individual Income and Employment Taxes, Not Withheld 611 611 611 Interest recd from T&L Depositaries 6 6 6 Justice Department programs 14 14 14 Postal Service 373 373 373 Public Debt Cash Issues (Table III-B) 45,284 45,284 45,284 Other Deposits: Medicare Premiums 76 76 76 Prem-ESF Money Mkt Guar Facility 10 10 10 Thrift Savings Plan Transfer 292 292 292 Total Other Deposits 378 378 378 Change in Balance of Uncollected Funds (closing balance $ 94) -30 -30 -30 Transfers from Depositaries 30,020 30,020 30,020 Total Federal Reserve Account r/ 82,982 r/ 82,982 r/ 82,982 Tax and Loan Note Accounts: FTD's Received (Table IV) 12,219 12,219 12,219 Transfers from Federal Reserve Account (Table V) 22,810 22,810 22,810 Total Tax and Loan Note Accounts (Table V) 35,029 35,029 35,029 Total Deposits (excluding transfers) r/ 65,181 r/ 65,181 r/ 65,181 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday October 01, 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 46 46 46 Defense Vendor Payments (EFT) 210 210 210 Education Department programs 241 241 241 Energy Department programs 106 106 106 Federal Employees Insurance Payments 285 285 285 Fed. Highway Administration programs 70 70 70 Federal Salaries (EFT) 486 486 486 Food and Nutrition Service (misc) 86 86 86 Food Stamps 7 7 7 GSA programs 389 389 389 Health and Human Services Grants (misc) 289 289 289 Housing and Urban Development programs 2,076 2,076 2,076 Interest on Treasury Securities 660 660 660 Justice Department programs 35 35 35 Labor Dept. prgms (excl. unemployment) 35 35 35 Medicaid 730 730 730 Medicare 13,178 13,178 13,178 NASA programs 0 0 0 Postal Service Money Orders and Other 117 117 117 Public Debt Cash Redemp. (Table III-B) 4,437 4,437 4,437 Social Security Benefits (EFT) 139 139 139 Temporary Assistance for Needy Families (HHS) 24 24 24 Transportation Security Admin. (DHS) 0 0 0 Unemployment Insurance Benefits 249 249 249 Veterans Affairs programs 248 248 248 Other Withdrawals: Civil Service Retirement (EFT) 4,223 4,223 4,223 Federal Crop Ins. Corp. 56 56 56 Federal Financing Bank 63 63 63 International Monetary Fund 59 59 59 IRS Tax Refunds Business (EFT) 172 172 172 Military Active Duty Pay (EFT) 3,756 3,756 3,756 Military Retirement (EFT) 3,453 3,453 3,453 Railroad Retirement (EFT) 788 788 788 State Department 51 51 51 Supple. Security Income Benefits (EFT) 2,121 2,121 2,121 Veterans Benefits (EFT) 2,743 2,743 2,743 Unclassified r/ 1,272 r/ 1,272 r/ 1,272 Total, Other Withdrawals 18,754 18,754 18,754 Transfers to Depositaries 22,810 22,810 22,810 Total Federal Reserve Account r/ 65,710 r/ 65,710 r/ 65,710 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 30,020 30,020 30,020 Total Withdrawals (excluding transfers) r/ 42,900 r/ 42,900 r/ 42,900 Net Change in Operating Cash Balance 22,281 22,281 22,281 r/ Revised 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday October 01, 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 0 0 Cash Management Series 45,000 45,000 45,000 Notes 0 0 0 Bonds 0 0 0 Inflation-Protected Securities Increment 92 92 92 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 17 17 17 Interest Increment 683 683 683 Government Account Series 219,001 219,001 219,001 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 148 148 148 Other 137 137 137 Total Issues 265,080 265,080 265,080 (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 0 0 Notes 0 0 0 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 49 49 49 Government Account Series 161,143 161,143 161,143 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 4,210 4,210 4,210 Other 178 178 178 Total Redemptions 165,579 165,579 165,579 Net Change in Public Debt Outstanding 99,500 99,500 99,500 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday October 01, 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) 265,080 265,080 265,080 Premium on New Issues 0 0 0 Discount on New Issues: Bills (-) 19 19 19 Bonds and Notes (-) 0 0 0 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 219,001 219,001 219,001 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 683 683 683 Inflation-Protected Securities Increment 92 92 92 Total Public Debt Cash Issues Deposited in Federal Reserve Account 45,284 45,284 45,284 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 165,579 165,579 165,579 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 (-) 161,143 161,143 161,143 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 4,437 4,437 4,437 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday October 01, 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/ 2/$ 5,850,791 $ 5,808,692 $ 5,808,692 $ 5,808,692 Intragovernmental Holdings 4,273,434 4,216,033 4,216,033 4,216,033 Total Public Debt Outstanding 10,124,225 10,024,725 10,024,725 10,024,725 Less: Debt Not Subject to Limit: Other Debt 494 494 494 494 Unamortized Discount 50,354 50,402 50,402 50,402 Federal Financing Bank 14,000 14,000 14,000 14,000 Hope Bonds 30 30 30 30 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 51 51 51 51 Total Public Debt Subject to Limit 10,059,399 9,959,850 9,959,850 9,959,850 Statutory Debt Limit 10,615,000 10,615,000 10,615,000 10,615,000 Act of July 30, 2008, permanently increased the statutory debt limit to $10,615 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 $2,05 6 million. 2/The current balance includes $344,473 million outstanding for securities is sued to raise cash for the temporary Supplementary Financing Program (www.t reas.gov/press/releases/hp1144.htm). 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Wednesday October 01, 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 $ 16,521 $ 16,521 $ 16,521 Individual Income Taxes 12 12 12 Railroad Retirement Taxes 44 44 44 Excise Taxes 27 27 27 Corporation Income Taxes 77 77 77 Federal Unemployment Taxes 3 3 3 Estate and Gift Taxes & Misc IRS Rcpts. 2 2 2 Change in Balance of Unclassified Taxes 69 69 69 Total 16,757 16,757 16,757 These Receipts were deposited in: Federal Reserve Account: Directly 54 54 54 Collector Depositaries 4,056 4,056 4,056 Tax and Loan Accounts 12,219 12,219 12,219 Inter-agency Transfers 428 428 428 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 37 $ 338 $ 4,824 $ 39,129 Deposits: Taxes Received (Table IV) 7 79 12,133 12,219 Transfers to Depositaries 3 41 1,195 1,239 Special Direct Investment 0 0 0 71 Term Investment 0 0 0 19,500 Repo Investment 0 0 0 2,000 Withdrawals: Treasury Initiated 0 0 0 0 Depositary Initiated 2 43 12,967 13,013 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 17,007 Repo Investment 0 0 0 0 Closing Balance Today 45 415 5,185 44,138 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday October 01, 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 3/$ 14 $ 14 $ 14 Business 400 400 400 3/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.