1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday January 05, 2009 (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 $ 63,174 $ 57,303 $ 106,123 $ 32,988 Financial Institution Accoun 0 0 0 0 Supplementary Financing Prog 224,416 224,416 259,325 299,491 Tax and Loan Note Accounts (Table V) 1,947 2,043 1,199 39,129 Total Operating Balance 289,536 283,762 366,648 371,608 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday January 05, 2009 (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) 15 97 1,978 Air Transport Security Fees 1 4 530 Commodity Credit Corporation programs 40 152 1,826 Customs and Certain Excise Taxes 48 112 8,736 Deposits by States: Supplemental Security Income 0 0 1,200 Unemployment 11 20 4,564 Education Department programs 29 76 3,683 Energy Department programs 6 44 1,722 Estate and Gift Taxes 104 206 6,995 Federal Reserve Earnings 0 0 9,767 Foreign Deposits, Military Sales 98 1,071 5,987 FTD's Received (Table IV) 3,017 6,893 145,784 Housing and Urban Development programs 2 2 413 Individual Income and Employment Taxes, Not Withheld 676 1,016 27,934 Interest recd from T&L Depositaries 0 0 29 Justice Department programs 9 26 1,565 Postal Service 404 744 25,801 Public Debt Cash Issues (Table III-B) 550 117,811 2,456,015 Other Deposits: Defense Finance & Accounting Service 53 82 2,286 Thrift Savings Plan Transfer 187 190 6,513 Total Other Deposits 240 664 35,431 Change in Balance of Uncollected Funds (closing balance $ 4) 3 -3 60 Transfers from Depositaries 11,166 30,552 665,471 Total Federal Reserve Account 16,421 159,487 3,405,491 Tax and Loan Note Accounts: FTD's Received (Table IV) 11,069 31,300 403,066 Transfers from Federal Reserve Account (Table V) 0 0 225,223 Total Tax and Loan Note Accounts (Table V) 11,069 31,300 628,289 Total Deposits (excluding transfers) 16,324 160,234 3,143,086 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday January 05, 2009 (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 186 251 13,834 Defense Vendor Payments (EFT) 1,816 2,613 98,690 Education Department programs 596 1,487 33,720 Energy Department programs 42 152 7,883 Federal Employees Insurance Payments 110 242 14,847 Fed. Highway Administration programs 69 149 10,424 Federal Salaries (EFT) 72 424 46,463 Food and Nutrition Service (misc) 466 635 17,723 Food Stamps 12 54 1,056 GSA programs 23 427 4,629 Health and Human Services Grants (misc) 203 449 21,547 Housing and Urban Development programs 76 2,322 16,348 Interest on Treasury Securities 15 1,255 39,734 Justice Department programs 65 68 3,705 Labor Dept. prgms (excl. unemployment) 22 77 3,280 Medicaid 632 2,280 55,179 Medicare 1,581 15,657 133,852 NASA programs 26 27 4,238 Postal Service Money Orders and Other 208 382 11,932 Public Debt Cash Redemp. (Table III-B) 648 167,245 1,953,330 Social Security Benefits (EFT) 31 22,647 149,247 Temporary Assistance for Needy Families (HHS) 76 319 5,032 Transportation Security Admin. (DHS) 23 23 647 Unemployment Insurance Benefits 438 752 17,138 Veterans Affairs programs 153 262 7,875 Other Withdrawals: Emergency Prep & Response (DHS) 50 83 4,823 IRS Tax Refunds Business (EFT) 223 304 10,099 U.S. District Courts (net) -67 -521 -2,800 Unclassified 2,755 3,736 153,719 Total, Other Withdrawals 2,961 17,145 552,806 Transfers to Depositaries 0 0 225,223 Total Federal Reserve Account 10,550 237,345 3,450,381 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 11,166 30,552 665,471 Total Withdrawals (excluding transfers) 10,550 237,345 3,225,159 Net Change in Operating Cash Balance 5,774 -77,112 -82,072 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday January 05, 2009 (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 -7 81,284 1,276,412 Cash Management Series 0 35,000 795,001 Notes -1 -1 349,268 Bonds 0 0 11,772 Inflation-Protected Securities Increment -983 -1,485 -9,121 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 43 74 884 Interest Increment 0 629 2,417 Government Account Series 185,090 383,171 11,493,702 Hope Bonds 0 0 461 Domestic Series 0 0 25 Foreign Series 0 0 1,000 State and Local Series 78 538 7,883 Other 438 962 18,184 Total Issues 184,657 500,173 13,947,888 (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 0 160,308 1,738,578 Notes 0 0 168,593 Bonds 0 0 2 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 108 171 2,948 Government Account Series 176,459 397,221 11,383,770 Hope Bonds 0 0 0 Domestic Series 0 0 25 Foreign Series 0 0 0 State and Local Series 83 5,850 24,115 Other 456 916 19,069 Total Redemptions 177,107 564,465 13,337,100 Net Change in Public Debt Outstanding 7,551 -64,293 610,787 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday January 05, 2009 (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) 184,657 500,173 13,947,888 Premium on New Issues 0 0 3,318 Discount on New Issues: Bills (-) 0 46 5,651 Bonds and Notes (-) 0 0 2,397 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 185,090 383,171 11,493,702 Hope Bonds (-) 0 0 461 Interest Increment on United States Savings Securities (-) 0 629 2,417 Inflation-Protected Securities Increment -983 -1,485 -9,437 Total Public Debt Cash Issues Deposited in Federal Reserve Account 550 117,811 2,456,015 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 177,107 564,465 13,337,100 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 (-) 176,459 397,221 11,383,770 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 648 167,245 1,953,330 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday January 05, 2009 (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/$ 6,319,153 $ 6,320,066 $ 6,369,319 $ 5,808,692 Intragovernmental Holdings 4,316,359 4,307,895 4,330,486 4,216,033 Total Public Debt Outstanding 10,635,512 10,627,961 10,699,805 10,024,725 Less: Debt Not Subject to Limit: Other Debt 493 493 493 494 Unamortized Discount 44,347 44,522 44,599 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 14 14 51 51 Total Public Debt Subject to Limit 10,576,196 10,568,470 10,640,274 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 $224,416 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 January 05, 2009 (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 $ 11,935 $ 36,131 $ 481,899 Individual Income Taxes 25 39 1,163 Railroad Retirement Taxes 39 43 1,178 Excise Taxes 51 58 14,073 Corporation Income Taxes 2,296 2,456 67,646 Federal Unemployment Taxes 5 15 825 Estate and Gift Taxes & Misc IRS Rcpts. 2 5 158 Change in Balance of Unclassified Taxes 115 462 1,049 Total 14,468 39,209 567,990 These Receipts were deposited in: Federal Reserve Account: Directly 49 86 7,669 Collector Depositaries 2,968 6,806 138,115 Tax and Loan Accounts 11,069 31,300 403,066 Inter-agency Transfers 382 1,016 19,140 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 9 $ 98 $ 1,937 $ 2,043 Deposits: Taxes Received (Table IV) 6 53 11,010 11,069 Transfers to Depositaries 0 0 0 0 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 1,945 1,945 Depositary Initiated 1 13 9,207 9,221 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 14 138 1,795 1,947 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday January 05, 2009 (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 $ 275 $ 21,295 Business 256 369 21,229 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.