1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday November 04, 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 $ 19,041 $ 25,419 $ 43,998 $ 32,988 Supplementary Financing Prog 558,851 558,851 558,851 299,491 Tax and Loan Note Accounts (Table V) 10,173 9,422 12,109 39,129 Total Operating Balance 588,065 593,692 614,959 371,608 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday November 04, 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) 23 53 559 Air Transport Security Fees 4 4 190 Commodity Credit Corporation programs 17 67 593 Customs and Certain Excise Taxes 112 201 3,414 Deposits by States: Supplemental Security Income 0 0 406 Unemployment 777 1,218 2,570 Education Department programs 40 167 1,390 Energy Department programs 9 74 737 Estate and Gift Taxes 108 261 2,340 Federal Reserve Earnings 0 0 3,607 Foreign Deposits, Military Sales 19 921 2,130 FTD's Received (Table IV) 1,094 4,249 47,080 Housing and Urban Development programs 3 5 239 Individual Income and Employment Taxes, Not Withheld 215 461 15,459 Interest recd from T&L Depositaries 0 0 28 Justice Department programs 14 47 632 Postal Service 523 933 9,741 Public Debt Cash Issues (Table III-B) 707 2,033 1,112,508 Other Deposits: Total Other Deposits 0 168 11,790 Change in Balance of Uncollected Funds (closing balance $ 18) -8 -12 46 Transfers from Depositaries 3,222 25,389 374,933 Total Federal Reserve Account 6,879 36,241 1,590,394 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,750 19,861 128,564 Transfers from Federal Reserve Account (Table V) 2,223 3,591 217,413 Total Tax and Loan Note Accounts (Table V) 3,973 23,452 345,978 Total Deposits (excluding transfers) 5,407 30,714 1,344,025 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday November 04, 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 187 366 8,068 Defense Vendor Payments (EFT) 1,458 2,079 33,186 Education Department programs 282 661 12,907 Energy Department programs 79 161 3,081 Federal Employees Insurance Payments 146 284 5,438 Fed. Highway Administration programs 85 187 4,269 Federal Salaries (EFT) 805 2,321 18,508 Food and Nutrition Service (misc) 304 668 6,146 Food Stamps 16 43 409 GSA programs 35 431 1,909 Health and Human Services Grants (misc) 280 596 7,495 Housing and Urban Development programs 219 2,270 7,110 Interest on Treasury Securities 1 533 7,514 Justice Department programs 26 41 1,371 Labor Dept. prgms (excl. unemployment) 29 85 1,169 Medicaid 638 1,391 20,378 Medicare 1,161 2,291 54,412 NASA programs 45 45 1,294 Postal Service Money Orders and Other 212 490 4,290 Public Debt Cash Redemp. (Table III-B) 293 3,793 628,640 Social Security Benefits (EFT) 88 21,493 63,406 Temporary Assistance for Needy Families (HHS) 123 197 2,029 Transportation Security Admin. (DHS) 15 15 222 Unemployment Insurance Benefits 278 514 5,374 Veterans Affairs programs 98 265 2,889 Other Withdrawals: IRS Tax Refunds Business (EFT) 1/ -75 464 5,753 State Department 63 63 1,514 Thrift Savings Plan Transfer 296 312 1,648 USDA: Forest Service 87 89 263 Unclassified 3,759 6,461 55,415 Total, Other Withdrawals 4,130 16,388 226,053 Transfers to Depositaries 2,223 3,591 217,413 Total Federal Reserve Account 13,258 61,199 1,344,981 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 3,222 25,389 374,933 Total Withdrawals (excluding transfers) 11,035 57,608 1,127,568 Net Change in Operating Cash Balance -5,627 -26,894 216,457 1/Reported as a negative amount due to a return/reversal of $77 million. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday November 04, 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 -6 433,283 Cash Management Series 0 0 560,000 Notes -3 -3 113,796 Bonds 0 0 0 Inflation-Protected Securities Increment -25 -119 -1,736 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 28 54 271 Interest Increment 0 530 1,218 Government Account Series 184,890 376,594 4,358,278 Hope Bonds 0 0 461 Domestic Series 0 0 25 Foreign Series 0 0 1,000 State and Local Series 440 1,498 2,519 Other 243 489 5,097 Total Issues 185,572 379,038 5,474,212 (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 45 100 1,021 Government Account Series 175,311 383,194 4,304,151 Hope Bonds 0 0 0 Domestic Series 0 0 25 Foreign Series 0 0 0 State and Local Series 0 3,196 9,891 Other 247 497 5,616 Total Redemptions 175,604 386,987 4,932,791 Net Change in Public Debt Outstanding 9,968 -7,948 541,421 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday November 04, 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) 185,572 379,038 5,474,212 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 (-) 184,890 376,594 4,358,278 Hope Bonds (-) 0 0 461 Interest Increment on United States Savings Securities (-) 0 530 1,218 Inflation-Protected Securities Increment -25 -119 -2,052 Total Public Debt Cash Issues Deposited in Federal Reserve Account 707 2,033 1,112,508 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 175,604 386,987 4,932,791 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 (-) 175,311 383,194 4,304,151 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 293 3,793 628,640 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday November 04, 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 2/$ 6,302,536 $ 6,302,221 $ 6,302,794 $ 5,808,692 Intragovernmental Holdings 4,263,610 4,253,956 4,271,301 4,216,033 Total Public Debt Outstanding 10,566,146 10,556,178 10,574,094 10,024,725 Less: Debt Not Subject to Limit: Other Debt 494 494 494 494 Unamortized Discount 54,140 54,220 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 10,497,073 10,487,025 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). 2/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 Tuesday November 04, 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 $ 3,484 $ 25,007 $ 167,521 Individual Income Taxes 7 20 501 Railroad Retirement Taxes 5 49 445 Excise Taxes 20 30 3,875 Corporation Income Taxes 63 106 9,775 Federal Unemployment Taxes 6 20 682 Estate and Gift Taxes & Misc IRS Rcpts. 2 4 52 Change in Balance of Unclassified Taxes 49 203 244 Total 3,636 25,441 183,094 These Receipts were deposited in: Federal Reserve Account: Directly 249 339 2,660 Collector Depositaries 845 3,911 44,420 Tax and Loan Accounts 1,750 19,861 128,564 Inter-agency Transfers 792 1,330 7,450 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 71 $ 527 $ 6,724 $ 9,422 Deposits: Taxes Received (Table IV) 4 33 1,713 1,750 Transfers to Depositaries 0 0 39 39 Special Direct Investment 0 0 0 80 Term Investment 0 0 0 2,104 Repo Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 0 0 Depositary Initiated 1 28 1,771 1,799 Special Direct Investment 0 0 0 80 Term Investment 0 0 0 1,342 Repo Investment 0 0 0 0 Closing Balance Today 74 532 6,704 10,173 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday November 04, 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 $ 10 $ 29 $ 8,355 Business 74 653 11,683 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.