1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday February 18, 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 $ 20,501 $ 36,955 $ 23,548 $ 32,988 Financial Institution Account 597 597 261 0 Supplementary Financing Program 199,950 199,950 169,962 299,491 Tax and Loan Note Accounts (Table V) 1,756 1,929 1,981 39,129 Total Operating Balance 222,804 239,431 195,752 371,608 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday February 18, 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) 24 210 2,628 Air Transport Security Fees 0 12 690 Commodity Credit Corporation programs 38 351 2,921 Customs and Certain Excise Taxes 71 871 12,160 Deposits by States: Supplemental Security Income 0 4 1,603 Unemployment 43 2,319 7,673 Education Department programs 42 895 5,579 Energy Department programs 20 265 2,550 Estate and Gift Taxes 56 798 10,009 Federal Reserve Earnings 35 183 11,311 Foreign Deposits, Military Sales 35 1,377 7,691 FTD's Received (Table IV) 1,512 25,014 206,756 Housing and Urban Development programs 5 54 576 Individual Income and Employment Taxes, Not Withheld 215 2,558 90,804 Interest recd from T&L Depositaries 0 0 29 Justice Department programs 12 696 2,480 Postal Service 497 4,916 37,595 Public Debt Cash Issues (Table III-B) 553 400,277 3,440,903 Other Deposits: Medicare Premiums 51 363 7,321 Thrift Savings Plan Transfer 112 369 7,446 Total Other Deposits 163 5,234 46,684 Change in Balance of Uncollected Funds (closing balance $ 14) 0 -5 50 Transfers from Depositaries 2,454 77,160 831,702 Total Federal Reserve Account 5,773 523,190 4,722,394 Tax and Loan Note Accounts: FTD's Received (Table IV) 2,281 76,935 569,106 Transfers from Federal Reserve Account (Table V) 0 0 225,223 Total Tax and Loan Note Accounts (Table V) 2,281 76,935 794,329 Total Deposits (excluding transfers) 5,600 522,965 4,459,798 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday February 18, 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 41 679 16,638 Defense Vendor Payments (EFT) 2,411 16,912 140,571 Education Department programs 711 7,896 60,351 Energy Department programs 71 1,175 11,117 Federal Employees Insurance Payments 288 2,821 22,336 Fed. Highway Administration programs 122 1,297 13,628 Federal Salaries (EFT) 127 7,278 66,478 Food and Nutrition Service (misc) 247 3,913 26,428 Food Stamps 7 184 1,591 GSA programs 90 964 6,502 Health and Human Services Grants (misc) 427 4,134 32,331 Housing and Urban Development programs 102 3,702 22,225 Interest on Treasury Securities 3 30,420 76,904 Justice Department programs 50 725 5,292 Labor Dept. prgms (excl. unemployment) 70 641 4,811 Medicaid 1,047 11,086 81,121 Medicare 1,905 15,054 184,772 NASA programs 88 901 6,116 Postal Service Money Orders and Other 150 2,287 17,468 Public Debt Cash Redemp. (Table III-B) 414 233,982 2,767,317 Social Security Benefits (EFT) 7,175 37,501 208,848 Temporary Assistance for Needy Families (HHS) 104 908 7,303 Transportation Security Admin. (DHS) 13 72 887 Unemployment Insurance Benefits 678 5,599 30,414 Veterans Affairs programs 69 1,622 11,493 Other Withdrawals: Deposit Insurance Fund 363 2,013 11,516 Emergency Prep & Response (DHS) 103 745 6,662 Federal Crop Ins. Corp. 75 885 5,005 Interior 53 511 3,978 IRS Tax Refunds Individual (EFT) 988 55,272 71,743 Unclassified 4,238 21,200 213,467 Total, Other Withdrawals 5,820 104,159 785,662 Transfers to Depositaries 0 0 225,223 Total Federal Reserve Account 22,227 495,913 4,833,826 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 2,454 77,160 831,702 Total Withdrawals (excluding transfers) 22,227 495,913 4,608,603 Net Change in Operating Cash Balance -16,627 27,052 -148,805 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday February 18, 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 0 220,352 1,864,189 Cash Management Series 0 30,000 960,003 Notes 0 128,670 536,408 Bonds 0 14,713 34,485 Inflation-Protected Securities Increment -173 -3,558 -20,540 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 9 175 1,345 Interest Increment 0 592 3,013 Government Account Series 179,773 2,078,673 16,745,406 Hope Bonds 0 0 462 Domestic Series 0 0 42 Foreign Series 0 0 2,500 State and Local Series 166 2,166 13,545 Other 378 4,972 31,248 Total Issues 180,153 2,476,756 20,172,107 (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 0 159,341 2,424,427 Notes 0 62,718 268,133 Bonds 0 1 3 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 35 569 4,604 Government Account Series 179,598 2,084,853 16,643,219 Hope Bonds 0 0 0 Domestic Series 0 0 42 Foreign Series 0 0 500 State and Local Series 0 6,182 32,999 Other 379 5,171 32,979 Total Redemptions 180,011 2,318,835 19,406,906 Net Change in Public Debt Outstanding 142 157,921 765,201 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday February 18, 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) 180,153 2,476,756 20,172,107 Premium on New Issues 0 0 5,324 Discount on New Issues: Bills (-) 0 346 6,343 Bonds and Notes (-) 0 427 2,988 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 179,773 2,078,672 16,744,503 Hope Bonds (-) 0 0 462 Interest Increment on United States Savings Securities (-) 0 592 3,013 Inflation-Protected Securities Increment -173 -3,558 -20,781 Total Public Debt Cash Issues Deposited in Federal Reserve Account 553 400,277 3,440,903 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 180,011 2,318,835 19,406,906 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 (-) 179,598 2,084,853 16,639,589 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 414 233,982 2,767,317 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday February 18, 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/$ 6,482,101 $ 6,481,923 $ 6,317,224 $ 5,808,692 Intragovernmental Holdings 4,307,824 4,307,860 4,314,781 4,216,033 Total Public Debt Outstanding 10,789,926 10,789,784 10,632,005 10,024,725 Less: Debt Not Subject to Limit: Other Debt 492 492 492 494 Unamortized Discount 47,171 47,216 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 10,727,785 10,727,599 10,569,235 9,959,850 Statutory Debt Limit 12,104,000 12,104,000 11,315,000 10,615,000 Act of February 17, 2009, permanently increased the statutory debt limit to $12,104 billion. Unamortized Discount represents the discount adjustment on Treasury bills and zero-coupon bonds (amortization is calculated daily). 1/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 Wednesday February 18, 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 $ 3,741 $ 97,693 $ 695,285 Individual Income Taxes 31 205 3,037 Railroad Retirement Taxes 4 381 1,868 Excise Taxes 11 2,550 21,390 Corporation Income Taxes 245 4,063 78,972 Federal Unemployment Taxes 7 745 1,990 Estate and Gift Taxes & Misc IRS Rcpts. 2 27 228 Change in Balance of Unclassified Taxes 394 841 933 Total 4,435 106,504 803,702 These Receipts were deposited in: Federal Reserve Account: Directly 159 2,233 12,357 Collector Depositaries 1,353 22,781 194,400 Tax and Loan Accounts 2,281 76,935 569,106 Inter-agency Transfers 641 4,555 27,840 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 38 $ 285 $ 1,606 $ 1,929 Deposits: Taxes Received (Table IV) 9 67 2,205 2,281 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 25 204 1,253 1,481 Depositary Initiated 1 7 965 973 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 21 141 1,594 1,756 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday February 18, 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 $ 1,183 $ 59,462 $ 93,268 Business 70 4,905 31,446 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.