1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday February 23, 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 $ 43,171 $ 38,359 $ 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) 1,946 1,928 1,981 39,129 Total Operating Balance 245,664 240,835 195,752 371,608 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday February 23, 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) 9 323 2,741 Air Transport Security Fees 1 20 698 Commodity Credit Corporation programs 27 439 3,008 Customs and Certain Excise Taxes 85 1,075 12,363 Deposits by States: Supplemental Security Income 0 5 1,603 Unemployment 13 2,411 7,764 Education Department programs 132 1,101 5,785 Energy Department programs 53 390 2,675 Estate and Gift Taxes 47 1,070 10,281 Federal Reserve Earnings 0 183 11,311 Foreign Deposits, Military Sales 17 1,434 7,747 FTD's Received (Table IV) 2,019 31,376 213,118 Housing and Urban Development programs 17 84 606 Individual Income and Employment Taxes, Not Withheld 186 3,226 91,472 Interest recd from T&L Depositaries 0 0 29 Justice Department programs 61 778 2,562 Postal Service 380 5,985 38,664 Public Debt Cash Issues (Table III-B) 638 538,199 3,578,825 Other Deposits: Defense Finance & Accounting Service 54 528 3,385 GSE Dividends 1,627 1,627 1,831 Medicare Premiums 424 1,027 7,984 Pension Benefit Guaranty Corp. 53 185 1,324 Thrift Savings Plan Transfer 93 518 7,594 Total Other Deposits 2,251 8,231 49,681 Change in Balance of Uncollected Funds (closing balance $ 17) -7 -8 47 Transfers from Depositaries 10,108 94,998 849,540 Total Federal Reserve Account 16,039 691,318 4,890,522 Tax and Loan Note Accounts: FTD's Received (Table IV) 10,127 94,963 587,135 Transfers from Federal Reserve Account (Table V) 0 0 225,223 Total Tax and Loan Note Accounts (Table V) 10,127 94,963 812,358 Total Deposits (excluding transfers) 16,057 691,284 4,628,117 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday February 23, 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 64 815 16,773 Defense Vendor Payments (EFT) 1,201 21,718 145,377 Education Department programs 440 9,873 62,328 Energy Department programs 68 1,553 11,495 Federal Employees Insurance Payments 209 3,429 22,944 Fed. Highway Administration programs 101 1,659 13,990 Federal Salaries (EFT) 1,356 11,690 70,890 Food and Nutrition Service (misc) 388 4,687 27,202 Food Stamps 15 248 1,655 GSA programs 54 1,173 6,710 Health and Human Services Grants (misc) 272 5,119 33,316 Housing and Urban Development programs 131 4,071 22,595 Interest on Treasury Securities 1 30,425 76,909 Justice Department programs 65 952 5,519 Labor Dept. prgms (excl. unemployment) 48 798 4,968 Medicaid 407 13,251 83,287 Medicare 1,464 19,953 189,671 NASA programs 38 1,016 6,231 Postal Service Money Orders and Other 359 2,927 18,107 Public Debt Cash Redemp. (Table III-B) 484 323,328 2,856,663 Social Security Benefits (EFT) 45 37,631 208,978 Temporary Assistance for Needy Families (HHS) 48 1,043 7,438 Transportation Security Admin. (DHS) 18 100 915 Unemployment Insurance Benefits 503 6,813 31,629 Veterans Affairs programs 141 1,982 11,852 Other Withdrawals: Deposit Insurance Fund 121 2,180 11,683 Emergency Prep & Response (DHS) 114 975 6,892 Federal Crop Ins. Corp. 57 1,050 5,169 IRS Tax Refunds Individual (EFT) 1,394 77,558 94,028 U.S. District Courts (net) 50 -10 -1,046 Unclassified 1,569 27,862 220,129 Total, Other Withdrawals 3,305 135,117 816,619 Transfers to Depositaries 0 0 225,223 Total Federal Reserve Account 11,227 641,371 4,979,284 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 10,108 94,998 849,540 Total Withdrawals (excluding transfers) 11,227 641,371 4,754,061 Net Change in Operating Cash Balance 4,830 49,913 -125,944 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday February 23, 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 0 321,137 1,964,975 Cash Management Series 0 65,000 995,003 Notes 0 128,670 536,408 Bonds 0 14,713 34,485 Inflation-Protected Securities Increment -520 -4,425 -21,407 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 18 219 1,389 Interest Increment 0 592 3,014 Government Account Series 173,934 2,599,209 17,265,942 Hope Bonds 0 0 462 Domestic Series 0 0 42 Foreign Series 0 0 2,500 State and Local Series 34 2,677 14,055 Other 386 6,276 32,553 Total Issues 173,851 3,134,069 20,829,420 (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 56 717 4,752 Government Account Series 172,599 2,603,220 17,161,586 Hope Bonds 0 0 0 Domestic Series 0 0 42 Foreign Series 0 0 500 State and Local Series 37 6,286 33,103 Other 391 6,473 34,281 Total Redemptions 173,083 2,926,548 20,014,619 Net Change in Public Debt Outstanding 768 207,521 814,802 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday February 23, 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) 173,851 3,134,069 20,829,420 Premium on New Issues 0 0 5,324 Discount on New Issues: Bills (-) 0 621 6,617 Bonds and Notes (-) 0 427 2,988 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 173,733 2,598,655 17,264,486 Hope Bonds (-) 0 0 462 Interest Increment on United States Savings Securities (-) 0 592 3,014 Inflation-Protected Securities Increment -520 -4,425 -21,648 Total Public Debt Cash Issues Deposited in Federal Reserve Account 638 538,199 3,578,825 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 173,083 2,926,548 20,014,619 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 (-) 172,599 2,603,220 17,157,956 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 484 323,328 2,856,663 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday February 23, 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/$ 6,529,920 $ 6,530,346 $ 6,317,224 $ 5,808,692 Intragovernmental Holdings 4,309,607 4,308,412 4,314,781 4,216,033 Total Public Debt Outstanding 10,839,527 10,838,758 10,632,005 10,024,725 Less: Debt Not Subject to Limit: Other Debt 492 492 492 494 Unamortized Discount 47,226 47,358 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 10,777,331 10,776,431 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 Monday February 23, 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 $ 12,601 $ 122,978 $ 720,571 Individual Income Taxes 18 250 3,082 Railroad Retirement Taxes 72 469 1,957 Excise Taxes 19 2,596 21,436 Corporation Income Taxes 42 4,171 79,079 Federal Unemployment Taxes 4 758 2,002 Estate and Gift Taxes & Misc IRS Rcpts. 4 58 260 Change in Balance of Unclassified Taxes -201 513 604 Total 12,559 131,792 828,990 These Receipts were deposited in: Federal Reserve Account: Directly 47 2,399 12,522 Collector Depositaries 1,972 28,977 200,595 Tax and Loan Accounts 10,127 94,963 587,135 Inter-agency Transfers 414 5,453 28,738 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 27 $ 195 $ 1,706 $ 1,928 Deposits: Taxes Received (Table IV) 4 38 10,085 10,127 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 23 160 921 1,105 Depositary Initiated 0 4 8,999 9,003 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 7 69 1,871 1,946 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday February 23, 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 $ 1,583 $ 83,996 $ 117,803 Business 43 5,659 32,200 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.