1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday January 27, 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 $ 48,253 $ 62,291 $ 106,123 $ 32,988 Financial Institution Account 261 261 0 0 Supplementary Financing Program 174,840 174,840 259,325 299,491 Tax and Loan Note Accounts (Table V) 1,989 1,959 1,199 39,129 Total Operating Balance 225,342 239,350 366,648 371,608 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday January 27, 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) 20 388 2,269 Air Transport Security Fees 2 20 546 Commodity Credit Corporation programs 46 723 2,397 Customs and Certain Excise Taxes 76 2,262 10,887 Deposits by States: Supplemental Security Income 0 7 1,206 Unemployment 85 513 5,057 Education Department programs 48 908 4,515 Energy Department programs 66 364 2,042 Estate and Gift Taxes 152 2,270 9,060 Federal Reserve Earnings 0 1,295 11,062 Foreign Deposits, Military Sales 4 1,380 6,297 FTD's Received (Table IV) 702 36,806 175,697 Housing and Urban Development programs 1 74 485 Individual Income and Employment Taxes, Not Withheld 875 60,075 86,993 Interest recd from T&L Depositaries 0 0 29 Justice Department programs 10 228 1,767 Postal Service 439 6,672 31,729 Public Debt Cash Issues (Table III-B) 670 559,966 2,898,170 Other Deposits: Deposit Insurance Fund 152 934 6,083 Thrift Savings Plan Transfer 90 498 6,821 Total Other Deposits 242 4,940 39,707 Change in Balance of Uncollected Funds (closing balance $ 13) 1 -12 51 Transfers from Depositaries 1,314 108,132 743,050 Total Federal Reserve Account 4,752 787,010 4,033,014 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,343 108,921 480,688 Transfers from Federal Reserve Account (Table V) 0 0 225,223 Total Tax and Loan Note Accounts (Table V) 1,343 108,921 705,910 Total Deposits (excluding transfers) 4,782 787,799 3,770,651 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday January 27, 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 22 2,285 15,868 Defense Vendor Payments (EFT) 1,325 23,948 120,024 Education Department programs 1,628 17,651 49,885 Energy Department programs 100 1,755 9,486 Federal Employees Insurance Payments 139 4,277 18,882 Fed. Highway Administration programs 3 1,544 11,818 Federal Salaries (EFT) 430 11,935 57,974 Food and Nutrition Service (misc) 204 5,097 22,185 Food Stamps 25 342 1,344 GSA programs 42 1,206 5,408 Health and Human Services Grants (misc) 334 5,491 26,589 Housing and Urban Development programs 144 4,174 18,200 Interest on Treasury Securities 2 7,276 45,755 Justice Department programs 26 748 4,385 Labor Dept. prgms (excl. unemployment) 58 844 4,047 Medicaid 594 14,547 67,445 Medicare 1,470 34,801 152,996 NASA programs 99 956 5,167 Postal Service Money Orders and Other 190 3,083 14,633 Public Debt Cash Redemp. (Table III-B) 457 628,174 2,414,260 Social Security Benefits (EFT) 56 37,492 164,092 Temporary Assistance for Needy Families (HHS) 37 1,211 5,925 Transportation Security Admin. (DHS) 7 164 788 Unemployment Insurance Benefits 602 7,417 23,804 Veterans Affairs programs 107 1,992 9,605 Other Withdrawals: Emergency Prep & Response (DHS) 59 1,049 5,789 Federal Crop Ins. Corp. 79 1,289 3,867 Interior 85 639 3,275 IRS Tax Refunds Individual (EFT) 53 91 4,492 State Department 56 745 4,921 USDA: Forest Service 92 650 1,267 Unclassified 10,267 33,275 183,258 Total, Other Withdrawals 10,691 110,694 646,355 Transfers to Depositaries 0 0 225,223 Total Federal Reserve Account 18,790 929,105 4,142,141 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 1,314 108,132 743,050 Total Withdrawals (excluding transfers) 18,790 929,105 3,916,918 Net Change in Operating Cash Balance -14,008 -141,306 -146,267 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday January 27, 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 0 353,414 1,548,541 Cash Management Series 0 135,001 895,002 Notes 0 58,468 407,738 Bonds 0 0 11,772 Inflation-Protected Securities Increment -306 -8,356 -15,992 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 13 317 1,127 Interest Increment 0 633 2,421 Government Account Series 178,986 3,022,431 14,132,962 Hope Bonds 0 1 462 Domestic Series 0 17 42 Foreign Series 0 1,500 2,500 State and Local Series 244 1,811 9,156 Other 414 7,713 24,934 Total Issues 179,350 3,572,950 17,020,665 (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 38 1,138 3,915 Government Account Series 173,672 3,022,131 14,008,681 Hope Bonds 0 0 0 Domestic Series 0 17 42 Foreign Series 0 500 500 State and Local Series 0 7,239 25,503 Other 419 8,309 26,462 Total Redemptions 174,130 3,646,676 16,419,311 Net Change in Public Debt Outstanding 5,221 -73,726 601,354 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday January 27, 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) 179,350 3,572,950 17,020,665 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 (-) 178,986 3,022,230 14,132,761 Hope Bonds (-) 0 1 462 Interest Increment on United States Savings Securities (-) 0 633 2,421 Inflation-Protected Securities Increment -306 -8,356 -16,308 Total Public Debt Cash Issues Deposited in Federal Reserve Account 670 559,966 2,898,170 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 174,130 3,646,676 16,419,311 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 (-) 173,672 3,018,502 14,005,051 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 457 628,174 2,414,260 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday January 27, 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/$ 6,295,765 $ 6,295,577 $ 6,369,319 $ 5,808,692 Intragovernmental Holdings 4,330,314 4,325,281 4,330,486 4,216,033 Total Public Debt Outstanding 10,626,079 10,620,858 10,699,805 10,024,725 Less: Debt Not Subject to Limit: Other Debt 492 492 493 494 Unamortized Discount 43,484 43,532 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 10,567,625 10,562,356 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 Tuesday January 27, 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 $ 2,457 $ 136,053 $ 581,822 Individual Income Taxes 10 1,676 2,800 Railroad Retirement Taxes 5 333 1,467 Excise Taxes 229 3,057 17,073 Corporation Income Taxes 49 9,170 74,360 Federal Unemployment Taxes 31 237 1,047 Estate and Gift Taxes & Misc IRS Rcpts. 3 38 191 Change in Balance of Unclassified Taxes -231 -309 278 Total 2,552 150,255 679,037 These Receipts were deposited in: Federal Reserve Account: Directly 167 1,850 9,433 Collector Depositaries 534 34,956 166,264 Tax and Loan Accounts 1,343 108,921 480,688 Inter-agency Transfers 507 4,529 22,652 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 13 $ 119 $ 1,827 $ 1,959 Deposits: Taxes Received (Table IV) 2 21 1,320 1,343 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 0 715 715 Depositary Initiated 0 4 594 599 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 15 136 1,838 1,989 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday January 27, 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 $ 67 $ 712 $ 21,732 Business 112 4,304 25,163 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.