1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday January 26, 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 $ 62,291 $ 60,023 $ 106,123 $ 32,988 Financial Institution Account 261 100 0 0 Supplementary Financing Program 174,840 174,840 259,325 299,491 Tax and Loan Note Accounts (Table V) 1,959 1,995 1,199 39,129 Total Operating Balance 239,350 236,957 366,648 371,608 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday January 26, 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) 12 368 2,249 Air Transport Security Fees 2 18 544 Commodity Credit Corporation programs 26 678 2,352 Customs and Certain Excise Taxes 982 2,186 10,811 Deposits by States: Supplemental Security Income 3 6 1,206 Unemployment 54 428 4,971 Education Department programs 25 860 4,467 Energy Department programs 79 298 1,977 Estate and Gift Taxes 117 2,119 8,908 Federal Reserve Earnings 0 1,295 11,062 Foreign Deposits, Military Sales 20 1,377 6,293 FTD's Received (Table IV) 1,941 36,104 174,995 Housing and Urban Development programs 0 73 484 Individual Income and Employment Taxes, Not Withheld 1,534 59,200 86,118 Interest recd from T&L Depositaries 0 0 29 Justice Department programs 5 218 1,757 Postal Service 385 6,234 31,291 Public Debt Cash Issues (Table III-B) 440 559,295 2,897,499 Other Deposits: Defense Finance & Accounting Service 71 557 2,761 Farm Credit System Ins. Corp. 70 70 70 Minerals Management Svc/Collections 95 228 2,288 Total Other Deposits 236 4,698 39,465 Change in Balance of Uncollected Funds (closing balance $ 14) -2 -13 50 Transfers from Depositaries 9,130 106,818 741,737 Total Federal Reserve Account 14,991 782,257 4,028,262 Tax and Loan Note Accounts: FTD's Received (Table IV) 9,094 107,578 479,345 Transfers from Federal Reserve Account (Table V) 0 0 225,223 Total Tax and Loan Note Accounts (Table V) 9,094 107,578 704,567 Total Deposits (excluding transfers) 14,955 783,017 3,765,870 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday January 26, 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 102 2,263 15,846 Defense Vendor Payments (EFT) 1,461 22,623 118,699 Education Department programs 1,263 16,024 48,257 Energy Department programs 120 1,655 9,386 Federal Employees Insurance Payments 189 4,138 18,743 Fed. Highway Administration programs 49 1,541 11,815 Federal Salaries (EFT) 1,374 11,505 57,544 Food and Nutrition Service (misc) 276 4,893 21,981 Food Stamps 13 318 1,319 GSA programs 32 1,164 5,366 Health and Human Services Grants (misc) 333 5,158 26,256 Housing and Urban Development programs 131 4,030 18,056 Interest on Treasury Securities 2 7,274 45,753 Justice Department programs 48 722 4,359 Labor Dept. prgms (excl. unemployment) 73 786 3,989 Medicaid 522 13,953 66,851 Medicare 1,559 33,331 151,526 NASA programs 30 857 5,069 Postal Service Money Orders and Other 280 2,893 14,443 Public Debt Cash Redemp. (Table III-B) 494 627,717 2,413,803 Social Security Benefits (EFT) 68 37,436 164,036 Temporary Assistance for Needy Families (HHS) 47 1,174 5,887 Transportation Security Admin. (DHS) 44 158 782 Unemployment Insurance Benefits 447 6,815 23,202 Veterans Affairs programs 123 1,884 9,497 Other Withdrawals: Deposit Insurance Fund 269 1,188 9,438 Export-Import Bank 121 134 399 Federal Crop Ins. Corp. 71 1,210 3,789 IRS Tax Refunds Business (EFT) 183 2,852 12,647 Thrift Savings Plan Transfer 123 1,739 6,551 Unclassified 2,719 23,007 172,990 Total, Other Withdrawals 3,485 100,003 635,664 Transfers to Depositaries 0 0 225,223 Total Federal Reserve Account 12,562 910,315 4,123,351 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 9,130 106,818 741,737 Total Withdrawals (excluding transfers) 12,562 910,315 3,898,128 Net Change in Operating Cash Balance 2,393 -127,298 -132,258 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday January 26, 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 -2 353,414 1,548,542 Cash Management Series 0 135,001 895,002 Notes 0 58,468 407,738 Bonds 0 0 11,772 Inflation-Protected Securities Increment -916 -8,050 -15,687 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 21 304 1,115 Interest Increment 0 633 2,421 Government Account Series 175,559 2,843,445 13,953,976 Hope Bonds 0 1 462 Domestic Series 0 17 42 Foreign Series 0 1,500 2,500 State and Local Series 3 1,568 8,912 Other 418 7,298 24,520 Total Issues 175,083 3,393,599 16,841,314 (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 0 570,520 2,148,791 Notes 0 36,821 205,414 Bonds 0 0 3 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 70 1,099 3,877 Government Account Series 174,129 2,848,459 13,835,009 Hope Bonds 0 0 0 Domestic Series 0 17 42 Foreign Series 0 500 500 State and Local Series 2 7,239 25,503 Other 422 7,890 26,043 Total Redemptions 174,623 3,472,547 16,245,182 Net Change in Public Debt Outstanding 461 -78,947 596,133 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday January 26, 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) 175,083 3,393,599 16,841,314 Premium on New Issues 0 2,006 5,324 Discount on New Issues: Bills (-) 0 318 5,922 Bonds and Notes (-) 0 164 2,561 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 175,559 2,843,245 13,953,776 Hope Bonds (-) 0 1 462 Interest Increment on United States Savings Securities (-) 0 633 2,421 Inflation-Protected Securities Increment -916 -8,050 -16,002 Total Public Debt Cash Issues Deposited in Federal Reserve Account 440 559,295 2,897,499 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 174,623 3,472,547 16,245,182 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 (-) 174,129 2,844,830 13,831,379 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 494 627,717 2,413,803 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday January 26, 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/$ 6,295,577 $ 6,296,582 $ 6,369,319 $ 5,808,692 Intragovernmental Holdings 4,325,281 4,323,815 4,330,486 4,216,033 Total Public Debt Outstanding 10,620,858 10,620,397 10,699,805 10,024,725 Less: Debt Not Subject to Limit: Other Debt 492 492 493 494 Unamortized Discount 43,532 43,675 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 10,562,356 10,561,753 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 $174,840 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 26, 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 $ 11,356 $ 133,596 $ 579,364 Individual Income Taxes 14 1,666 2,790 Railroad Retirement Taxes 72 328 1,462 Excise Taxes 60 2,828 16,844 Corporation Income Taxes 106 9,121 74,311 Federal Unemployment Taxes 19 206 1,016 Estate and Gift Taxes & Misc IRS Rcpts. 1 35 188 Change in Balance of Unclassified Taxes -113 -78 509 Total 11,515 147,703 676,485 These Receipts were deposited in: Federal Reserve Account: Directly 51 1,682 9,265 Collector Depositaries 1,891 34,421 165,730 Tax and Loan Accounts 9,094 107,578 479,345 Inter-agency Transfers 480 4,022 22,145 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 10 $ 88 $ 1,896 $ 1,995 Deposits: Taxes Received (Table IV) 3 36 9,055 9,094 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 1,028 1,028 Depositary Initiated 0 5 8,096 8,102 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 13 119 1,827 1,959 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday January 26, 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 $ 23 $ 645 $ 21,665 Business 245 4,192 25,051 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.