1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday October 02, 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 $ 5,535 $ 5,278 $ 32,988 $ 32,988 Supplementary Financing Prog 354,409 344,473 299,491 299,491 Tax and Loan Note Accounts (Table V) 48,771 44,138 39,129 39,129 Total Operating Balance 408,714 393,889 371,608 371,608 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday October 02, 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 83 83 Air Transport Security Fees 0 7 7 Commodity Credit Corporation programs 28 110 110 Customs and Certain Excise Taxes 71 154 154 Deposits by States: Supplemental Security Income 1 3 3 Unemployment 12 26 26 Education Department programs 97 137 137 Energy Department programs 16 77 77 Estate and Gift Taxes 245 247 247 Federal Reserve Earnings 0 1,021 1,021 Foreign Deposits, Military Sales 26 810 810 FTD's Received (Table IV) 969 5,080 5,080 Housing and Urban Development programs 50 104 104 Individual Income and Employment Taxes, Not Withheld 278 889 889 Interest recd from T&L Depositaries 3 9 9 Justice Department programs 15 28 28 Postal Service 380 753 753 Public Debt Cash Issues (Table III-B) 131,760 177,044 177,044 Other Deposits: Prem-ESF Money Mkt Guar Facility 16 26 26 Prepayment of Treasury Securities 461 480 480 Thrift Savings Plan Transfer 193 485 485 Total Other Deposits 670 1,048 1,048 Change in Balance of Uncollected Funds (closing balance $ 30) 65 35 35 Transfers from Depositaries 14,973 44,993 44,993 Total Federal Reserve Account 149,674 232,656 232,656 Tax and Loan Note Accounts: FTD's Received (Table IV) 3,649 15,868 15,868 Transfers from Federal Reserve Account (Table V) 15,957 38,767 38,767 Total Tax and Loan Note Accounts (Table V) 19,605 54,635 54,635 Total Deposits (excluding transfers) 138,350 203,532 203,532 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday October 02, 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 49 94 94 Defense Vendor Payments (EFT) 290 500 500 Education Department programs 106 347 347 Energy Department programs 137 243 243 Federal Employees Insurance Payments 122 407 407 Fed. Highway Administration programs 266 336 336 Federal Salaries (EFT) 143 629 629 Food and Nutrition Service (misc) 132 217 217 Food Stamps 12 19 19 GSA programs 65 454 454 Health and Human Services Grants (misc) 328 617 617 Housing and Urban Development programs 180 2,256 2,256 Interest on Treasury Securities 1 661 661 Justice Department programs 16 50 50 Labor Dept. prgms (excl. unemployment) 34 68 68 Medicaid 1,607 2,337 2,337 Medicare 1,150 14,328 14,328 NASA programs 51 51 51 Postal Service Money Orders and Other 128 246 246 Public Debt Cash Redemp. (Table III-B) 114,226 118,663 118,663 Social Security Benefits (EFT) 74 213 213 Temporary Assistance for Needy Families (HHS) 238 262 262 Transportation Security Admin. (DHS) 0 0 0 Unemployment Insurance Benefits 178 427 427 Veterans Affairs programs 56 304 304 Other Withdrawals: Emergency Prep & Response (DHS) 73 113 113 Federal Financing Bank 82 144 144 IRS Tax Refunds Business (EFT) 1,169 1,340 1,340 Pmt. to Corp. for Pub. Broadcasting 400 400 400 Prepayment of Treasury Securities 499 500 500 State Department 74 126 126 Unclassified 1,639 2,914 2,914 Total, Other Withdrawals 3,936 22,696 22,696 Transfers to Depositaries 15,957 38,767 38,767 Total Federal Reserve Account 139,481 205,192 205,192 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 14,973 44,993 44,993 Total Withdrawals (excluding transfers) 123,525 166,426 166,426 Net Change in Operating Cash Balance 14,825 37,106 37,106 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday October 02, 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 81,821 81,821 81,821 Cash Management Series 50,000 95,000 95,000 Notes -1 -1 -1 Bonds 0 0 0 Inflation-Protected Securities Increment -68 24 24 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 30 47 47 Interest Increment 1 684 684 Government Account Series 178,138 397,139 397,139 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 148 148 Other 280 417 417 Total Issues 310,202 575,281 575,281 (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 113,781 113,781 113,781 Notes 0 0 0 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 48 97 97 Government Account Series 171,451 332,594 332,594 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 124 4,333 4,333 Other 274 452 452 Total Redemptions 285,677 451,257 451,257 Net Change in Public Debt Outstanding 24,524 124,024 124,024 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday October 02, 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) 310,202 575,281 575,281 Premium on New Issues 0 0 0 Discount on New Issues: Bills (-) 370 389 389 Bonds and Notes (-) 0 0 0 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 178,138 397,139 397,139 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 684 684 Inflation-Protected Securities Increment -68 24 24 Total Public Debt Cash Issues Deposited in Federal Reserve Account 131,760 177,044 177,044 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 285,677 451,257 451,257 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 (-) 171,451 332,594 332,594 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 114,226 118,663 118,663 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday October 02, 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/$ 5,869,084 $ 5,850,791 $ 5,808,692 $ 5,808,692 Intragovernmental Holdings 4,279,665 4,273,434 4,216,033 4,216,033 Total Public Debt Outstanding 10,148,749 10,124,225 10,024,725 10,024,725 Less: Debt Not Subject to Limit: Other Debt 494 494 494 494 Unamortized Discount 51,312 50,354 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 10,082,964 10,059,399 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 $644 million. 2/The current balance includes $354,409 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 Thursday October 02, 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 $ 4,682 $ 21,204 $ 21,204 Individual Income Taxes 11 23 23 Railroad Retirement Taxes 8 52 52 Excise Taxes 14 42 42 Corporation Income Taxes 43 120 120 Federal Unemployment Taxes 3 6 6 Estate and Gift Taxes & Misc IRS Rcpts. 1 3 3 Change in Balance of Unclassified Taxes 118 188 188 Total 4,881 21,638 21,638 These Receipts were deposited in: Federal Reserve Account: Directly 40 94 94 Collector Depositaries 930 4,986 4,986 Tax and Loan Accounts 3,649 15,868 15,868 Inter-agency Transfers 262 690 690 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 45 $ 415 $ 5,185 $ 44,138 Deposits: Taxes Received (Table IV) 3 27 3,619 3,649 Transfers to Depositaries 2 29 5,496 5,528 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 9,729 Repo Investment 0 0 0 700 Withdrawals: Treasury Initiated 0 0 0 0 Depositary Initiated 1 16 3,142 3,159 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 9,814 Repo Investment 0 0 0 2,000 Closing Balance Today 49 455 11,158 48,771 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday October 02, 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 $ 9 $ 23 $ 23 Business 1,487 1,887 1,887 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.