1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday January 20, 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 $ 34,447 $ 30,638 $ 106,123 $ 32,988 Financial Institution Accoun 100 100 0 0 Supplementary Financing Prog 199,747 199,747 259,325 299,491 Tax and Loan Note Accounts (Table V) 1,949 1,760 1,199 39,129 Total Operating Balance 236,242 232,244 366,648 371,608 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday January 20, 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) 16 316 2,197 Air Transport Security Fees 0 15 541 Commodity Credit Corporation programs 24 547 2,221 Customs and Certain Excise Taxes 71 949 9,574 Deposits by States: Supplemental Security Income 0 2 1,202 Unemployment 29 209 4,752 Education Department programs 26 679 4,286 Energy Department programs 24 151 1,829 Estate and Gift Taxes 3 1,590 8,379 Federal Reserve Earnings 0 1,265 11,032 Foreign Deposits, Military Sales 10 1,264 6,180 FTD's Received (Table IV) 2,105 28,140 167,031 Housing and Urban Development programs 7 47 459 Individual Income and Employment Taxes, Not Withheld 4,734 24,884 51,802 Interest recd from T&L Depositaries 0 0 29 Justice Department programs 12 184 1,723 Postal Service 402 4,621 29,678 Public Debt Cash Issues (Table III-B) 491 432,807 2,771,011 Other Deposits: Defense Finance & Accounting Service 66 400 2,604 Medicare Premiums 171 604 5,826 Minerals Management Svc/Collections 107 124 2,183 Total Other Deposits 344 2,963 37,731 Change in Balance of Uncollected Funds (closing balance $ 9) -4 -8 55 Transfers from Depositaries 4,907 83,960 718,879 Total Federal Reserve Account 13,200 584,586 3,830,590 Tax and Loan Note Accounts: FTD's Received (Table IV) 5,096 84,710 456,476 Transfers from Federal Reserve Account (Table V) 0 0 225,223 Total Tax and Loan Note Accounts (Table V) 5,096 84,710 681,699 Total Deposits (excluding transfers) 13,389 585,335 3,568,188 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday January 20, 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 126 1,939 15,522 Defense Vendor Payments (EFT) 1,281 15,882 111,959 Education Department programs 45 11,565 43,798 Energy Department programs 150 1,199 8,930 Federal Employees Insurance Payments 260 2,798 17,402 Fed. Highway Administration programs 90 1,062 11,336 Federal Salaries (EFT) 96 6,940 52,979 Food and Nutrition Service (misc) 571 4,073 21,161 Food Stamps 23 272 1,274 GSA programs 58 972 5,174 Health and Human Services Grants (misc) 280 3,876 24,975 Housing and Urban Development programs 110 3,577 17,603 Interest on Treasury Securities 2 7,266 45,745 Justice Department programs 7 527 4,164 Labor Dept. prgms (excl. unemployment) 21 571 3,774 Medicaid 505 11,130 64,028 Medicare 1,226 26,656 144,851 NASA programs 27 685 4,897 Postal Service Money Orders and Other 195 2,222 13,772 Public Debt Cash Redemp. (Table III-B) 536 491,281 2,277,366 Social Security Benefits (EFT) 55 30,237 156,837 Temporary Assistance for Needy Families (HHS) 19 973 5,686 Transportation Security Admin. (DHS) 8 104 728 Unemployment Insurance Benefits 553 5,067 21,453 Veterans Affairs programs 192 1,465 9,077 Other Withdrawals: Deposit Insurance Fund 326 343 8,594 Emergency Prep & Response (DHS) 94 760 5,500 Federal Crop Ins. Corp. 72 838 3,416 IRS Tax Refunds Business (EFT) 74 1,770 11,566 Unclassified 2,390 15,590 165,573 Total, Other Withdrawals 2,956 83,401 619,062 Transfers to Depositaries 0 0 225,223 Total Federal Reserve Account 9,391 715,741 3,928,776 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 4,907 83,960 718,879 Total Withdrawals (excluding transfers) 9,391 715,741 3,703,554 Net Change in Operating Cash Balance 3,999 -130,405 -135,366 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday January 20, 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 -1 265,625 1,460,753 Cash Management Series 0 100,000 860,002 Notes -1 58,468 407,738 Bonds 0 0 11,772 Inflation-Protected Securities Increment -1,221 -6,219 -13,856 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 17 242 1,052 Interest Increment 0 632 2,420 Government Account Series 170,386 2,141,648 13,252,179 Hope Bonds 0 1 462 Domestic Series 0 17 42 Foreign Series 0 0 1,000 State and Local Series 49 1,374 8,718 Other 426 5,494 22,715 Total Issues 169,656 2,567,282 16,014,997 (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 0 436,722 2,014,993 Notes 0 36,821 205,414 Bonds 0 0 3 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 68 874 3,651 Government Account Series 171,125 2,152,559 13,139,109 Hope Bonds 0 0 0 Domestic Series 0 17 42 Foreign Series 0 0 0 State and Local Series 36 7,137 25,402 Other 432 6,079 24,232 Total Redemptions 171,661 2,640,210 15,412,845 Net Change in Public Debt Outstanding -2,004 -72,928 602,152 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday January 20, 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) 169,656 2,567,282 16,014,997 Premium on New Issues 0 2,006 5,324 Discount on New Issues: Bills (-) 0 255 5,860 Bonds and Notes (-) 0 164 2,561 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 170,386 2,141,648 13,252,179 Hope Bonds (-) 0 1 462 Interest Increment on United States Savings Securities (-) 0 632 2,420 Inflation-Protected Securities Increment -1,221 -6,219 -14,172 Total Public Debt Cash Issues Deposited in Federal Reserve Account 491 432,807 2,771,011 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 171,661 2,640,210 15,412,845 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 (-) 171,125 2,148,929 13,135,479 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 536 491,281 2,277,366 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday January 20, 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/$ 6,307,311 $ 6,308,565 $ 6,369,319 $ 5,808,692 Intragovernmental Holdings 4,319,566 4,320,317 4,330,486 4,216,033 Total Public Debt Outstanding 10,626,877 10,628,881 10,699,805 10,024,725 Less: Debt Not Subject to Limit: Other Debt 492 492 493 494 Unamortized Discount 43,766 43,964 44,599 50,402 Federal Financing Bank 14,000 14,000 14,000 14,000 Hope Bonds 492 492 491 30 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 14 14 51 51 Total Public Debt Subject to Limit 10,568,142 10,569,948 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 $199,747 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 January 20, 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 $ 6,977 $ 101,040 $ 546,808 Individual Income Taxes 48 1,605 2,729 Railroad Retirement Taxes 15 217 1,351 Excise Taxes 134 2,608 16,624 Corporation Income Taxes 46 8,860 74,050 Federal Unemployment Taxes 17 127 937 Estate and Gift Taxes & Misc IRS Rcpts. 2 32 185 Change in Balance of Unclassified Taxes 17 1,112 1,699 Total 7,255 115,602 644,383 These Receipts were deposited in: Federal Reserve Account: Directly 173 1,372 8,955 Collector Depositaries 1,931 26,768 158,076 Tax and Loan Accounts 5,096 84,710 456,476 Inter-agency Transfers 54 2,752 20,876 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 30 $ 214 $ 1,516 $ 1,760 Deposits: Taxes Received (Table IV) 8 60 5,028 5,096 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 1,258 1,258 Depositary Initiated 2 29 3,618 3,649 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 36 244 1,668 1,949 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday January 20, 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 $ 12 $ 598 $ 21,618 Business 112 2,917 23,776 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.