1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday November 03, 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 $ 25,419 $ 43,998 $ 43,998 $ 32,988 Supplementary Financing Prog 558,851 558,851 558,851 299,491 Tax and Loan Note Accounts (Table V) 9,422 12,109 12,109 39,129 Total Operating Balance 593,692 614,959 614,959 371,608 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday November 03, 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) 30 30 537 Air Transport Security Fees 0 0 185 Commodity Credit Corporation programs 50 50 575 Customs and Certain Excise Taxes 89 89 3,302 Deposits by States: Supplemental Security Income 0 0 406 Unemployment 441 441 1,793 Education Department programs 127 127 1,350 Energy Department programs 64 64 728 Estate and Gift Taxes 153 153 2,233 Federal Reserve Earnings 0 0 3,607 Foreign Deposits, Military Sales 902 902 2,111 FTD's Received (Table IV) 3,155 3,155 45,986 Housing and Urban Development programs 2 2 236 Individual Income and Employment Taxes, Not Withheld 246 246 15,245 Interest recd from T&L Depositaries 0 0 28 Justice Department programs 32 32 618 Postal Service 410 410 9,218 Public Debt Cash Issues (Table III-B) 1,326 1,326 1,111,801 Other Deposits: Defense Finance & Accounting Service 62 62 807 Medicare Premiums 50 50 1,833 Railroad Unemployment Ins. 1 1 8 Thrift Savings Plan Transfer 55 55 3,909 Total Other Deposits 168 168 11,790 Change in Balance of Uncollected Funds (closing balance $ 10) -4 -4 54 Transfers from Depositaries 22,167 22,167 371,711 Total Federal Reserve Account 29,362 29,362 1,583,514 Tax and Loan Note Accounts: FTD's Received (Table IV) 18,112 18,112 126,814 Transfers from Federal Reserve Account (Table V) 1,368 1,368 215,190 Total Tax and Loan Note Accounts (Table V) 19,480 19,480 342,005 Total Deposits (excluding transfers) 25,307 25,307 1,338,617 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday November 03, 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 179 179 7,880 Defense Vendor Payments (EFT) 621 621 31,728 Education Department programs 380 380 12,625 Energy Department programs 82 82 3,002 Federal Employees Insurance Payments 138 138 5,292 Fed. Highway Administration programs 101 101 4,184 Federal Salaries (EFT) 1,516 1,516 17,703 Food and Nutrition Service (misc) 365 365 5,842 Food Stamps 27 27 393 GSA programs 395 395 1,874 Health and Human Services Grants (misc) 316 316 7,215 Housing and Urban Development programs 2,051 2,051 6,891 Interest on Treasury Securities 531 531 7,513 Justice Department programs 14 14 1,345 Labor Dept. prgms (excl. unemployment) 55 55 1,140 Medicaid 753 753 19,740 Medicare 1,130 1,130 53,251 NASA programs 0 0 1,249 Postal Service Money Orders and Other 278 278 4,078 Public Debt Cash Redemp. (Table III-B) 3,500 3,500 628,347 Social Security Benefits (EFT) 21,405 21,405 63,318 Temporary Assistance for Needy Families (HHS) 73 73 1,906 Transportation Security Admin. (DHS) 0 0 208 Unemployment Insurance Benefits 236 236 5,095 Veterans Affairs programs 167 167 2,791 Other Withdrawals: Civil Service Retirement (EFT) 4,229 4,229 8,472 Deposit Insurance Fund 263 263 862 Emergency Prep & Response (DHS) 78 78 1,468 Federal Transit Admin. 52 52 1,007 HUD: Hurricane Relief 51 51 51 IRS Tax Refunds Business (EFT) 538 538 5,827 Military Retirement (EFT) 3,554 3,554 7,007 Railroad Retirement (EFT) 792 792 1,580 Unclassified 2,702 2,702 51,657 Total, Other Withdrawals 12,258 12,258 221,923 Transfers to Depositaries 1,368 1,368 215,190 Total Federal Reserve Account 47,941 47,941 1,331,724 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 22,167 22,167 371,711 Total Withdrawals (excluding transfers) 46,573 46,573 1,116,533 Net Change in Operating Cash Balance -21,267 -21,267 222,084 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday November 03, 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 -6 -6 433,283 Cash Management Series 0 0 560,000 Notes 0 0 113,799 Bonds 0 0 0 Inflation-Protected Securities Increment -94 -94 -1,711 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 26 26 243 Interest Increment 530 530 1,218 Government Account Series 191,704 191,704 4,173,388 Hope Bonds 0 0 461 Domestic Series 0 0 25 Foreign Series 0 0 1,000 State and Local Series 1,059 1,059 2,080 Other 247 247 4,854 Total Issues 193,466 193,466 5,288,640 (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 0 573,362 Notes 0 0 38,724 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 54 54 976 Government Account Series 207,883 207,883 4,128,840 Hope Bonds 0 0 0 Domestic Series 0 0 25 Foreign Series 0 0 0 State and Local Series 3,196 3,196 9,891 Other 250 250 5,369 Total Redemptions 211,383 211,383 4,757,187 Net Change in Public Debt Outstanding -17,917 -17,917 531,453 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday November 03, 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) 193,466 193,466 5,288,640 Premium on New Issues 0 0 1,405 Discount on New Issues: Bills (-) 0 0 3,269 Bonds and Notes (-) 0 0 1,935 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 191,704 191,704 4,173,388 Hope Bonds (-) 0 0 461 Interest Increment on United States Savings Securities (-) 530 530 1,218 Inflation-Protected Securities Increment -94 -94 -2,027 Total Public Debt Cash Issues Deposited in Federal Reserve Account 1,326 1,326 1,111,801 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 211,383 211,383 4,757,187 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 (-) 207,883 207,883 4,128,840 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 3,500 3,500 628,347 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday November 03, 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/$ 6,302,221 $ 6,302,794 $ 6,302,794 $ 5,808,692 Intragovernmental Holdings 4,253,956 4,271,301 4,271,301 4,216,033 Total Public Debt Outstanding 10,556,178 10,574,094 10,574,094 10,024,725 Less: Debt Not Subject to Limit: Other Debt 494 494 494 494 Unamortized Discount 54,220 54,459 54,459 50,402 Federal Financing Bank 14,000 14,000 14,000 14,000 Hope Bonds 491 491 491 30 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 51 51 51 51 Total Public Debt Subject to Limit 10,487,025 10,504,702 10,504,702 9,959,850 Statutory Debt Limit 11,315,000 11,315,000 11,315,000 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 Monday November 03, 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 $ 21,523 $ 21,523 $ 164,037 Individual Income Taxes 13 13 494 Railroad Retirement Taxes 44 44 440 Excise Taxes 10 10 3,855 Corporation Income Taxes 43 43 9,712 Federal Unemployment Taxes 14 14 676 Estate and Gift Taxes & Misc IRS Rcpts. 3 3 50 Change in Balance of Unclassified Taxes 154 154 195 Total 21,805 21,805 179,458 These Receipts were deposited in: Federal Reserve Account: Directly 90 90 2,411 Collector Depositaries 3,066 3,066 43,575 Tax and Loan Accounts 18,112 18,112 126,814 Inter-agency Transfers 538 538 6,658 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 68 $ 512 $ 6,625 $ 12,109 Deposits: Taxes Received (Table IV) 5 65 18,041 18,112 Transfers to Depositaries 0 0 26 26 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 1,342 Repo Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 0 0 Depositary Initiated 2 50 17,969 18,022 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 4,145 Repo Investment 0 0 0 0 Closing Balance Today 71 527 6,724 9,422 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday November 03, 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 $ 19 $ 19 $ 8,345 Business 578 578 11,608 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.