1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday February 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 $ 38,359 $ 29,200 $ 23,548 $ 32,988 Financial Institution Accoun 597 597 261 0 Supplementary Financing Prog 199,950 199,950 169,962 299,491 Tax and Loan Note Accounts (Table V) 1,928 1,947 1,981 39,129 Total Operating Balance 240,835 231,693 195,752 371,608 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday February 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) 88 314 2,732 Air Transport Security Fees 6 18 697 Commodity Credit Corporation programs 30 412 2,981 Customs and Certain Excise Taxes 65 989 12,278 Deposits by States: Supplemental Security Income 0 4 1,603 Unemployment 26 2,397 7,751 Education Department programs 25 969 5,653 Energy Department programs 48 337 2,622 Estate and Gift Taxes 78 1,023 10,234 Federal Reserve Earnings 0 183 11,311 Foreign Deposits, Military Sales 33 1,417 7,731 FTD's Received (Table IV) 1,256 29,357 211,099 Housing and Urban Development programs 2 68 589 Individual Income and Employment Taxes, Not Withheld 142 3,040 91,286 Interest recd from T&L Depositaries 0 0 29 Justice Department programs 7 717 2,500 Postal Service 347 5,605 38,284 Public Debt Cash Issues (Table III-B) 35,594 537,561 3,578,187 Other Deposits: Deposit Insurance Fund 93 1,257 7,476 Medicare Premiums 110 602 7,560 Minerals Management Svc/Collections 117 314 2,731 Thrift Savings Plan Transfer 53 425 7,502 Total Other Deposits 374 5,979 47,430 Change in Balance of Uncollected Funds (closing balance $ 10) -6 -1 54 Transfers from Depositaries 4,494 84,889 839,431 Total Federal Reserve Account 42,609 675,279 4,874,483 Tax and Loan Note Accounts: FTD's Received (Table IV) 4,475 84,837 577,008 Transfers from Federal Reserve Account (Table V) 0 0 225,223 Total Tax and Loan Note Accounts (Table V) 4,475 84,837 802,231 Total Deposits (excluding transfers) 42,590 675,227 4,612,060 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday February 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 33 751 16,709 Defense Vendor Payments (EFT) 1,901 20,517 144,176 Education Department programs 412 9,433 61,888 Energy Department programs 208 1,485 11,427 Federal Employees Insurance Payments 157 3,220 22,735 Fed. Highway Administration programs 110 1,558 13,889 Federal Salaries (EFT) 2,794 10,335 69,534 Food and Nutrition Service (misc) 188 4,299 26,813 Food Stamps 38 234 1,641 GSA programs 15 1,119 6,656 Health and Human Services Grants (misc) 400 4,847 33,044 Housing and Urban Development programs 107 3,940 22,463 Interest on Treasury Securities 2 30,424 76,908 Justice Department programs 45 887 5,454 Labor Dept. prgms (excl. unemployment) 53 749 4,920 Medicaid 670 12,844 82,880 Medicare 1,665 18,489 188,207 NASA programs 43 977 6,192 Postal Service Money Orders and Other 156 2,568 17,749 Public Debt Cash Redemp. (Table III-B) 495 322,844 2,856,179 Social Security Benefits (EFT) 37 37,586 208,933 Temporary Assistance for Needy Families (HHS) 69 996 7,391 Transportation Security Admin. (DHS) 6 81 896 Unemployment Insurance Benefits 228 6,310 31,126 Veterans Affairs programs 130 1,840 11,711 Other Withdrawals: Emergency Prep & Response (DHS) 83 860 6,777 HHS Deposit Fund Transfers to States 1/ 72 72 72 Interior 50 611 4,077 IRS Tax Refunds Business (EFT) 351 2,862 16,512 IRS Tax Refunds Individual (EFT) 19,978 76,197 92,667 TARP 365 5,136 300,051 Unclassified 2,587 26,293 218,560 Total, Other Withdrawals 23,486 131,812 813,314 Transfers to Depositaries 0 0 225,223 Total Federal Reserve Account 33,449 630,144 4,968,056 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 4,494 84,889 839,431 Total Withdrawals (excluding transfers) 33,449 630,144 4,742,834 Net Change in Operating Cash Balance 9,141 45,083 -130,774 1/Transfer by HHS from Federal Tax Refund Offset Program to various State age ncies for delinquent child support. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday February 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 0 321,138 1,964,975 Cash Management Series 35,000 65,000 995,003 Notes 0 128,670 536,408 Bonds 0 14,713 34,485 Inflation-Protected Securities Increment -173 -3,905 -20,887 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 14 201 1,371 Interest Increment 0 592 3,014 Government Account Series 174,804 2,425,275 17,092,008 Hope Bonds 0 0 462 Domestic Series 0 0 42 Foreign Series 0 0 2,500 State and Local Series 11 2,643 14,022 Other 388 5,891 32,167 Total Issues 210,043 2,960,218 20,655,570 (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 0 247,134 2,512,219 Notes 0 62,718 268,133 Bonds 0 1 3 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 43 661 4,696 Government Account Series 172,812 2,430,621 16,988,987 Hope Bonds 0 0 0 Domestic Series 0 0 42 Foreign Series 0 0 500 State and Local Series 61 6,250 33,067 Other 391 6,081 33,889 Total Redemptions 173,307 2,753,465 19,841,536 Net Change in Public Debt Outstanding 36,736 206,753 814,034 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday February 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) 210,043 2,960,218 20,655,570 Premium on New Issues 0 0 5,324 Discount on New Issues: Bills (-) 171 621 6,617 Bonds and Notes (-) 0 427 2,988 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 174,452 2,424,922 17,090,753 Hope Bonds (-) 0 0 462 Interest Increment on United States Savings Securities (-) 0 592 3,014 Inflation-Protected Securities Increment -173 -3,905 -21,128 Total Public Debt Cash Issues Deposited in Federal Reserve Account 35,594 537,561 3,578,187 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 173,307 2,753,465 19,841,536 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 (-) 172,812 2,430,621 16,985,357 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 495 322,844 2,856,179 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday February 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 2/$ 6,530,346 $ 6,495,008 $ 6,317,224 $ 5,808,692 Intragovernmental Holdings 4,308,412 4,307,014 4,314,781 4,216,033 Total Public Debt Outstanding 10,838,758 10,802,022 10,632,005 10,024,725 Less: Debt Not Subject to Limit: Other Debt 492 492 492 494 Unamortized Discount 47,358 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 10,776,431 10,739,821 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). 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 Friday February 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 $ 6,193 $ 110,377 $ 707,969 Individual Income Taxes 14 232 3,063 Railroad Retirement Taxes 10 397 1,885 Excise Taxes 16 2,577 21,417 Corporation Income Taxes 38 4,129 79,037 Federal Unemployment Taxes 3 754 1,999 Estate and Gift Taxes & Misc IRS Rcpts. 26 53 255 Change in Balance of Unclassified Taxes -102 714 806 Total 6,197 119,233 816,431 These Receipts were deposited in: Federal Reserve Account: Directly 58 2,352 12,476 Collector Depositaries 1,198 27,005 198,623 Tax and Loan Accounts 4,475 84,837 577,008 Inter-agency Transfers 465 5,039 28,324 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 23 $ 160 $ 1,763 $ 1,947 Deposits: Taxes Received (Table IV) 5 44 4,427 4,475 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 1,002 1,002 Depositary Initiated 1 9 3,482 3,492 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 27 195 1,706 1,928 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday February 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 $ 21,891 $ 82,446 $ 116,252 Business 490 5,615 32,157 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.