1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday October 30, 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 $ 27,494 $ 19,484 $ 32,988 $ 32,988 Supplementary Financing Prog 558,851 558,864 299,491 299,491 Tax and Loan Note Accounts (Table V) 10,097 15,695 39,129 39,129 Total Operating Balance 596,442 594,043 371,608 371,608 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday October 30, 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) 21 401 401 Air Transport Security Fees 24 41 41 Commodity Credit Corporation programs 11 491 491 Customs and Certain Excise Taxes 97 3,088 3,088 Deposits by States: Supplemental Security Income 376 389 389 Unemployment 126 992 992 Education Department programs 23 1,166 1,166 Energy Department programs 35 517 517 Estate and Gift Taxes 111 2,000 2,000 Federal Reserve Earnings 0 3,607 3,607 Foreign Deposits, Military Sales 12 1,188 1,188 FTD's Received (Table IV) 668 40,587 40,587 Housing and Urban Development programs 11 224 224 Individual Income and Employment Taxes, Not Withheld 161 14,820 14,820 Interest recd from T&L Depositaries 1 28 28 Justice Department programs 11 547 547 Postal Service 340 8,473 8,473 Public Debt Cash Issues (Table III-B) 120,894 1,043,909 1,043,909 Other Deposits: Interior: Office of Surface Mining 57 64 64 Medicare Premiums 104 1,685 1,685 Pension Benefit Guaranty Corp. 113 318 318 Prepayment of Treasury Securities 230 1,934 1,934 State Department 601 1,114 1,114 Thrift Savings Plan Transfer 347 3,797 3,797 Total Other Deposits 1,451 9,750 9,750 Change in Balance of Uncollected Funds (closing balance $ 11) -2 53 53 Transfers from Depositaries 9,420 343,451 343,451 Total Federal Reserve Account 133,791 1,475,724 1,475,724 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,529 102,618 102,618 Transfers from Federal Reserve Account (Table V) 2,293 211,801 211,801 Total Tax and Loan Note Accounts (Table V) 3,821 314,419 314,419 Total Deposits (excluding transfers) 125,900 1,234,891 1,234,891 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday October 30, 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 186 7,589 7,589 Defense Vendor Payments (EFT) 1,866 29,475 29,475 Education Department programs 382 11,836 11,836 Energy Department programs 138 2,648 2,648 Federal Employees Insurance Payments 376 4,974 4,974 Fed. Highway Administration programs 121 3,847 3,847 Federal Salaries (EFT) 120 13,043 13,043 Food and Nutrition Service (misc) 97 5,328 5,328 Food Stamps 20 340 340 GSA programs 80 1,441 1,441 Health and Human Services Grants (misc) 429 6,253 6,253 Housing and Urban Development programs 113 4,717 4,717 Interest on Treasury Securities 1 3,337 3,337 Justice Department programs 99 1,313 1,313 Labor Dept. prgms (excl. unemployment) 53 1,005 1,005 Medicaid 1,486 18,569 18,569 Medicare 1,276 39,203 39,203 NASA programs 4 1,249 1,249 Postal Service Money Orders and Other 113 3,699 3,699 Public Debt Cash Redemp. (Table III-B) 113,219 601,461 601,461 Social Security Benefits (EFT) 17 41,897 41,897 Temporary Assistance for Needy Families (HHS) 32 1,774 1,774 Transportation Security Admin. (DHS) 1 195 195 Unemployment Insurance Benefits 158 4,717 4,717 Veterans Affairs programs 65 2,453 2,453 Other Withdrawals: Centers for Disease Control 64 443 443 Federal Financing Bank 180 828 828 IRS Tax Refunds Business (EFT) 288 5,262 5,262 Minerals Mgmt. Svc/Pmts to States 288 288 288 Prepayment of Treasury Securities 245 1,949 1,949 Treasury Dept: Claims Payments 56 111 111 U.S. District Courts (net) -50 -40 -40 Unclassified 1,982 47,047 47,047 Total, Other Withdrawals 3,051 197,692 197,692 Transfers to Depositaries 2,293 211,801 211,801 Total Federal Reserve Account 125,793 1,221,859 1,221,859 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 9,420 343,451 343,451 Total Withdrawals (excluding transfers) 123,501 1,010,057 1,010,057 Net Change in Operating Cash Balance 2,399 224,834 224,834 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday October 30, 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 80,792 433,289 433,289 Cash Management Series 40,000 560,000 560,000 Notes 0 46,966 46,966 Bonds 0 0 0 Inflation-Protected Securities Increment -69 -1,754 -1,754 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 10 201 201 Interest Increment 0 687 687 Government Account Series 186,557 3,791,702 3,791,702 Hope Bonds 0 461 461 Domestic Series 0 25 25 Foreign Series 0 1,000 1,000 State and Local Series 1 929 929 Other 384 4,349 4,349 Total Issues 307,676 4,837,856 4,837,856 (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 112,799 573,362 573,362 Notes 0 15,996 15,996 Bonds 0 1 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 33 888 888 Government Account Series 189,387 3,730,226 3,730,226 Hope Bonds 0 0 0 Domestic Series 0 25 25 Foreign Series 0 0 0 State and Local Series 19 6,638 6,638 Other 368 4,551 4,551 Total Redemptions 302,607 4,331,687 4,331,687 Net Change in Public Debt Outstanding 5,070 506,168 506,168 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday October 30, 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) 307,676 4,837,856 4,837,856 Premium on New Issues 0 1,405 1,405 Discount on New Issues: Bills (-) 295 3,269 3,269 Bonds and Notes (-) 0 1,097 1,097 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 186,557 3,791,702 3,791,702 Hope Bonds (-) 0 461 461 Interest Increment on United States Savings Securities (-) 0 687 687 Inflation-Protected Securities Increment -69 -1,865 -1,865 Total Public Debt Cash Issues Deposited in Federal Reserve Account 120,894 1,043,909 1,043,909 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 302,607 4,331,687 4,331,687 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 (-) 189,387 3,730,226 3,730,226 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 113,219 601,461 601,461 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday October 30, 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/$ 6,257,578 $ 6,249,239 $ 5,808,692 $ 5,808,692 Intragovernmental Holdings 4,273,315 4,276,584 4,216,033 4,216,033 Total Public Debt Outstanding 10,530,893 10,525,823 10,024,725 10,024,725 Less: Debt Not Subject to Limit: Other Debt 494 494 494 494 Unamortized Discount 52,741 51,537 50,402 50,402 Federal Financing Bank 14,000 14,000 14,000 14,000 Hope Bonds 491 491 30 30 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 51 51 51 51 Total Public Debt Subject to Limit 10,463,219 10,459,353 9,959,850 9,959,850 Statutory Debt Limit 11,315,000 11,315,000 10,615,000 10,615,000 Act of October 3, 2008, permanently increased the statutory debt limit to $11,315 billion. Unamortized Discount represents the discount adjustment on Treasury bills and zero-coupon bonds (amortization is calculated daily). 1/The current balance includes $558,851 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 30, 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 $ 1,989 $ 133,755 $ 133,755 Individual Income Taxes 5 471 471 Railroad Retirement Taxes 3 364 364 Excise Taxes 15 3,623 3,623 Corporation Income Taxes 130 9,627 9,627 Federal Unemployment Taxes 46 198 198 Estate and Gift Taxes & Misc IRS Rcpts. 5 44 44 Change in Balance of Unclassified Taxes 41 10 10 Total 2,235 148,092 148,092 These Receipts were deposited in: Federal Reserve Account: Directly 67 2,250 2,250 Collector Depositaries 601 38,337 38,337 Tax and Loan Accounts 1,529 102,618 102,618 Inter-agency Transfers 38 4,887 4,887 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 63 $ 478 $ 6,589 $ 15,695 Deposits: Taxes Received (Table IV) 2 24 1,502 1,529 Transfers to Depositaries 0 0 98 98 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 2,195 Repo Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 0 0 Depositary Initiated 1 15 1,597 1,613 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 7,807 Repo Investment 0 0 0 0 Closing Balance Today 64 486 6,592 10,097 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday October 30, 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 $ 41 $ 5,809 $ 5,809 Business 374 10,849 10,849 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.