1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday February 12, 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 $ 57,662 $ 20,266 $ 23,548 $ 32,988 Financial Institution Accoun 261 261 261 0 Supplementary Financing Prog 199,950 199,950 169,962 299,491 Tax and Loan Note Accounts (Table V) 1,970 1,993 1,981 39,129 Total Operating Balance 259,842 222,470 195,752 371,608 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday February 12, 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) 11 159 2,578 Air Transport Security Fees 0 11 689 Commodity Credit Corporation programs 23 258 2,828 Customs and Certain Excise Taxes 53 649 11,938 Deposits by States: Supplemental Security Income 0 1 1,600 Unemployment 29 2,123 7,477 Education Department programs 36 725 5,409 Energy Department programs 12 197 2,482 Estate and Gift Taxes 40 612 9,823 Federal Reserve Earnings 0 149 11,276 Foreign Deposits, Military Sales 3 1,308 7,621 FTD's Received (Table IV) 654 17,008 198,750 Housing and Urban Development programs 2 49 570 Individual Income and Employment Taxes, Not Withheld 150 2,027 90,273 Interest recd from T&L Depositaries 0 0 29 Justice Department programs 16 561 2,345 Postal Service 341 3,575 36,254 Public Debt Cash Issues (Table III-B) 126,372 327,997 3,368,623 Other Deposits: Prepayment of Treasury Securities 284 600 5,562 Total Other Deposits 284 2,070 43,520 Change in Balance of Uncollected Funds (closing balance $ 13) -7 -4 51 Transfers from Depositaries 1,069 49,237 803,779 Total Federal Reserve Account 129,085 408,712 4,607,915 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,045 49,226 541,398 Transfers from Federal Reserve Account (Table V) 0 0 225,223 Total Tax and Loan Note Accounts (Table V) 1,045 49,226 766,620 Total Deposits (excluding transfers) 129,062 408,700 4,345,533 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday February 12, 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 34 543 16,501 Defense Vendor Payments (EFT) 1,286 11,528 135,188 Education Department programs 527 6,125 58,580 Energy Department programs 106 815 10,758 Federal Employees Insurance Payments 324 2,047 21,562 Fed. Highway Administration programs 43 941 13,272 Federal Salaries (EFT) 714 6,778 65,978 Food and Nutrition Service (misc) 251 2,662 25,177 Food Stamps 9 101 1,508 GSA programs 34 775 6,312 Health and Human Services Grants (misc) 375 2,983 31,180 Housing and Urban Development programs 104 3,364 21,887 Interest on Treasury Securities 1 4,102 50,586 Justice Department programs 43 553 5,120 Labor Dept. prgms (excl. unemployment) 48 397 4,567 Medicaid 981 8,246 78,282 Medicare 993 10,419 180,137 NASA programs 25 608 5,823 Postal Service Money Orders and Other 55 1,768 16,948 Public Debt Cash Redemp. (Table III-B) 82,491 190,533 2,723,868 Social Security Benefits (EFT) 36 30,217 201,564 Temporary Assistance for Needy Families (HHS) 39 660 7,055 Transportation Security Admin. (DHS) 9 41 856 Unemployment Insurance Benefits 230 3,908 28,724 Veterans Affairs programs 109 1,253 11,123 Other Withdrawals: Agency for Internat'l Development 69 576 4,498 Federal Crop Ins. Corp. 71 663 4,782 IRS Tax Refunds Business (EFT) 1/ -58 1,739 15,389 IRS Tax Refunds Individual (EFT) 849 24,356 40,827 Prepayment of Treasury Securities 289 601 5,610 Thrift Savings Plan Transfer 154 623 7,288 U.S. District Courts (net) 314 583 -453 Unclassified 1,135 13,044 205,311 Total, Other Withdrawals 2,824 53,243 734,746 Transfers to Depositaries 0 0 225,223 Total Federal Reserve Account 91,690 344,610 4,682,522 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 1,069 49,237 803,779 Total Withdrawals (excluding transfers) 91,690 344,610 4,457,300 Net Change in Operating Cash Balance 37,372 64,090 -111,766 1/Includes a return/reversal for $80 million for Business Tax Refunds (EFT). 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday February 12, 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 125,940 220,359 1,864,197 Cash Management Series 0 30,000 960,003 Notes 0 72,971 480,709 Bonds 0 0 19,772 Inflation-Protected Securities Increment -179 -2,504 -19,486 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 9 142 1,312 Interest Increment 0 591 3,013 Government Account Series 171,447 1,552,268 16,219,001 Hope Bonds 0 0 462 Domestic Series 0 0 42 Foreign Series 0 0 2,500 State and Local Series 164 1,189 12,567 Other 508 3,827 30,103 Total Issues 297,889 1,878,843 19,574,194 (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 81,923 159,341 2,424,427 Notes 0 22,976 228,390 Bonds 0 0 3 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 49 436 4,471 Government Account Series 169,326 1,561,118 16,119,484 Hope Bonds 0 0 0 Domestic Series 0 0 42 Foreign Series 0 0 500 State and Local Series 5 3,931 30,748 Other 513 3,849 31,657 Total Redemptions 251,817 1,751,652 18,839,722 Net Change in Public Debt Outstanding 46,072 127,191 734,472 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday February 12, 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) 297,889 1,878,843 19,574,194 Premium on New Issues 0 0 5,324 Discount on New Issues: Bills (-) 249 346 6,343 Bonds and Notes (-) 0 145 2,706 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 171,447 1,552,268 16,218,099 Hope Bonds (-) 0 0 462 Interest Increment on United States Savings Securities (-) 0 591 3,013 Inflation-Protected Securities Increment -179 -2,504 -19,727 Total Public Debt Cash Issues Deposited in Federal Reserve Account 126,372 327,997 3,368,623 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 251,817 1,751,652 18,839,722 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 (-) 169,326 1,561,118 16,115,854 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 82,491 190,533 2,723,868 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday February 12, 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 2/$ 6,453,766 $ 6,409,955 $ 6,317,224 $ 5,808,692 Intragovernmental Holdings 4,305,431 4,303,169 4,314,781 4,216,033 Total Public Debt Outstanding 10,759,197 10,713,124 10,632,005 10,024,725 Less: Debt Not Subject to Limit: Other Debt 492 492 492 494 Unamortized Discount 47,436 47,231 47,800 50,402 Federal Financing Bank 14,000 14,000 14,000 14,000 Hope Bonds 492 492 492 30 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 14 14 14 51 Total Public Debt Subject to Limit 10,696,791 10,650,923 10,569,235 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 $199,950 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 Thursday February 12, 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 $ 1,652 $ 67,060 $ 664,653 Individual Income Taxes 8 122 2,953 Railroad Retirement Taxes 9 298 1,785 Excise Taxes 65 797 19,637 Corporation Income Taxes 100 966 75,874 Federal Unemployment Taxes 5 725 1,969 Estate and Gift Taxes & Misc IRS Rcpts. 2 19 221 Change in Balance of Unclassified Taxes 59 102 193 Total 1,900 70,088 767,286 These Receipts were deposited in: Federal Reserve Account: Directly 135 1,440 11,564 Collector Depositaries 518 15,567 187,186 Tax and Loan Accounts 1,045 49,226 541,398 Inter-agency Transfers 200 3,854 27,139 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 23 $ 193 $ 1,777 $ 1,993 Deposits: Taxes Received (Table IV) 2 18 1,025 1,045 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 0 612 612 Depositary Initiated 1 7 449 457 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 25 204 1,741 1,970 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday February 12, 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 $ 1,037 $ 26,787 $ 60,594 Business 55 3,623 30,165 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.