1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday February 24, 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 $ 36,522 $ 43,171 $ 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) 1,981 1,946 1,981 39,129 Total Operating Balance 239,050 245,664 195,752 371,608 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday February 24, 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) 17 340 2,759 Air Transport Security Fees 1 20 699 Commodity Credit Corporation programs 33 472 3,042 Customs and Certain Excise Taxes 1,013 2,088 13,377 Deposits by States: Supplemental Security Income 1 6 1,605 Unemployment 68 2,479 7,833 Education Department programs 60 1,161 5,845 Energy Department programs 39 429 2,714 Estate and Gift Taxes 4 1,073 10,285 Federal Reserve Earnings 0 183 11,311 Foreign Deposits, Military Sales 8 1,442 7,755 FTD's Received (Table IV) 539 31,915 213,656 Housing and Urban Development programs 4 88 610 Individual Income and Employment Taxes, Not Withheld 278 3,504 91,750 Interest recd from T&L Depositaries 0 0 29 Justice Department programs 9 787 2,570 Postal Service 436 6,422 39,100 Public Debt Cash Issues (Table III-B) 604 538,804 3,579,429 Other Deposits: Medicare Premiums 147 1,174 8,131 Thrift Savings Plan Transfer 284 802 7,878 Total Other Deposits 431 8,662 50,112 Change in Balance of Uncollected Funds (closing balance $ 16) 1 -7 48 Transfers from Depositaries 1,805 96,803 851,345 Total Federal Reserve Account 5,352 696,670 4,895,874 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,840 96,803 588,974 Transfers from Federal Reserve Account (Table V) 0 0 225,223 Total Tax and Loan Note Accounts (Table V) 1,840 96,803 814,197 Total Deposits (excluding transfers) 5,387 696,670 4,633,503 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday February 24, 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 15 829 16,788 Defense Vendor Payments (EFT) 1,868 23,586 147,245 Education Department programs 468 10,341 62,796 Energy Department programs 78 1,631 11,573 Federal Employees Insurance Payments 223 3,651 23,167 Fed. Highway Administration programs 163 1,822 14,153 Federal Salaries (EFT) 468 12,158 71,358 Food and Nutrition Service (misc) 170 4,857 27,372 Food Stamps 4 253 1,660 GSA programs 62 1,235 6,773 Health and Human Services Grants (misc) 247 5,366 33,563 Housing and Urban Development programs 141 4,212 22,735 Interest on Treasury Securities 2 30,427 76,911 Justice Department programs 23 976 5,542 Labor Dept. prgms (excl. unemployment) 57 854 5,024 Medicaid 869 14,120 84,156 Medicare 1,759 21,712 191,430 NASA programs 128 1,143 6,358 Postal Service Money Orders and Other 145 3,072 18,252 Public Debt Cash Redemp. (Table III-B) 422 323,750 2,857,085 Social Security Benefits (EFT) 43 37,674 209,021 Temporary Assistance for Needy Families (HHS) 38 1,081 7,476 Transportation Security Admin. (DHS) 3 103 918 Unemployment Insurance Benefits 635 7,449 32,264 Veterans Affairs programs 94 2,075 11,946 Other Withdrawals: Interior 71 713 4,179 IRS Tax Refunds Individual (EFT) 1,928 79,454 95,925 USDA: Forest Service 91 187 1,454 Unclassified 1,785 29,647 221,914 Total, Other Withdrawals 3,875 138,992 820,495 Transfers to Depositaries 0 0 225,223 Total Federal Reserve Account 12,001 653,372 4,991,285 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 1,805 96,803 851,345 Total Withdrawals (excluding transfers) 12,001 653,372 4,766,062 Net Change in Operating Cash Balance -6,614 43,298 -132,559 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday February 24, 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 -173 -4,598 -21,581 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 10 230 1,399 Interest Increment 0 593 3,015 Government Account Series 178,975 2,778,184 17,444,917 Hope Bonds 0 0 462 Domestic Series 0 0 42 Foreign Series 0 0 2,500 State and Local Series 213 2,890 14,269 Other 380 6,657 32,933 Total Issues 179,406 3,313,475 21,008,827 (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 34 751 4,786 Government Account Series 175,155 2,778,375 17,336,741 Hope Bonds 0 0 0 Domestic Series 0 0 42 Foreign Series 0 0 500 State and Local Series 0 6,286 33,103 Other 388 6,861 34,669 Total Redemptions 175,578 3,102,126 20,190,196 Net Change in Public Debt Outstanding 3,828 211,350 818,630 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday February 24, 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) 179,406 3,313,475 21,008,827 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 (-) 178,975 2,777,630 17,443,461 Hope Bonds (-) 0 0 462 Interest Increment on United States Savings Securities (-) 0 593 3,015 Inflation-Protected Securities Increment -173 -4,598 -21,822 Total Public Debt Cash Issues Deposited in Federal Reserve Account 604 538,804 3,579,429 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 175,578 3,102,126 20,190,196 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 (-) 175,155 2,778,375 17,333,111 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 422 323,750 2,857,085 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday February 24, 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/$ 6,530,393 $ 6,529,920 $ 6,317,224 $ 5,808,692 Intragovernmental Holdings 4,312,962 4,309,607 4,314,781 4,216,033 Total Public Debt Outstanding 10,843,355 10,839,527 10,632,005 10,024,725 Less: Debt Not Subject to Limit: Other Debt 492 492 492 494 Unamortized Discount 47,182 47,226 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 10,781,204 10,777,331 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 Tuesday February 24, 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 $ 3,008 $ 125,986 $ 723,578 Individual Income Taxes 18 269 3,100 Railroad Retirement Taxes 1 470 1,957 Excise Taxes 140 2,736 21,577 Corporation Income Taxes 321 4,491 79,399 Federal Unemployment Taxes 4 763 2,007 Estate and Gift Taxes & Misc IRS Rcpts. 1 58 260 Change in Balance of Unclassified Taxes -342 170 262 Total 3,150 134,943 832,141 These Receipts were deposited in: Federal Reserve Account: Directly 104 2,503 12,626 Collector Depositaries 435 29,412 201,030 Tax and Loan Accounts 1,840 96,803 588,974 Inter-agency Transfers 772 6,225 29,510 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 7 $ 69 $ 1,871 $ 1,946 Deposits: Taxes Received (Table IV) 2 20 1,817 1,840 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 0 662 662 Depositary Initiated 0 3 1,140 1,143 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 9 86 1,885 1,981 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday February 24, 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 $ 1,933 $ 85,898 $ 119,705 Business 477 6,134 32,675 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.