1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday February 25, 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 $ 25,109 $ 36,522 $ 23,548 $ 32,988 Financial Institution Accoun 895 597 261 0 Supplementary Financing Prog 199,950 199,950 169,962 299,491 Tax and Loan Note Accounts (Table V) 1,980 1,981 1,981 39,129 Total Operating Balance 227,933 239,050 195,752 371,608 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday February 25, 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) 28 368 2,787 Air Transport Security Fees 1 22 700 Commodity Credit Corporation programs 31 503 3,073 Customs and Certain Excise Taxes 68 2,156 13,445 Deposits by States: Supplemental Security Income 0 6 1,605 Unemployment 26 2,505 7,858 Education Department programs 48 1,209 5,894 Energy Department programs 79 508 2,793 Estate and Gift Taxes 152 1,226 10,437 Federal Reserve Earnings 8 192 11,319 Foreign Deposits, Military Sales 4 1,445 7,759 FTD's Received (Table IV) 2,925 34,840 216,582 Housing and Urban Development programs 1 89 611 Individual Income and Employment Taxes, Not Withheld 368 3,872 92,118 Interest recd from T&L Depositaries 0 0 29 Justice Department programs 27 814 2,597 Postal Service 315 6,737 39,416 Public Debt Cash Issues (Table III-B) 916 539,719 3,580,345 Other Deposits: Medicare Premiums 136 1,310 8,268 Minerals Management Svc/Collections 98 424 2,841 Thrift Savings Plan Transfer 78 880 7,957 Total Other Deposits 312 8,974 50,424 Change in Balance of Uncollected Funds (closing balance $ 22) -6 -12 43 Transfers from Depositaries 3,307 100,110 854,652 Total Federal Reserve Account 8,611 705,282 4,904,485 Tax and Loan Note Accounts: FTD's Received (Table IV) 3,306 100,109 592,280 Transfers from Federal Reserve Account (Table V) 0 0 225,223 Total Tax and Loan Note Accounts (Table V) 3,306 100,109 817,503 Total Deposits (excluding transfers) 8,610 705,280 4,642,113 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday February 25, 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 60 890 16,848 Defense Vendor Payments (EFT) 1,266 24,852 148,511 Education Department programs 867 11,209 63,663 Energy Department programs 133 1,763 11,706 Federal Employees Insurance Payments 228 3,880 23,395 Fed. Highway Administration programs 65 1,887 14,218 Federal Salaries (EFT) 189 12,347 71,547 Food and Nutrition Service (misc) 159 5,016 27,530 Food Stamps 5 257 1,664 GSA programs 43 1,279 6,816 Health and Human Services Grants (misc) 350 5,716 33,913 Housing and Urban Development programs 115 4,327 22,850 Interest on Treasury Securities 1 30,428 76,912 Justice Department programs 46 1,022 5,589 Labor Dept. prgms (excl. unemployment) 47 901 5,071 Medicaid 1,268 15,388 85,424 Medicare 1,264 22,977 192,695 NASA programs 58 1,201 6,416 Postal Service Money Orders and Other 126 3,198 18,378 Public Debt Cash Redemp. (Table III-B) 423 324,173 2,857,508 Social Security Benefits (EFT) 7,340 45,015 216,362 Temporary Assistance for Needy Families (HHS) 291 1,372 7,767 Transportation Security Admin. (DHS) 20 123 938 Unemployment Insurance Benefits 518 7,967 32,782 Veterans Affairs programs 97 2,173 12,043 Other Withdrawals: Federal Crop Ins. Corp. 663 1,762 5,881 IRS Tax Refunds Business (EFT) 549 3,443 17,093 IRS Tax Refunds Individual (EFT) 745 80,163 96,634 State Department 95 522 5,554 Unclassified 2,695 32,343 224,610 Total, Other Withdrawals 4,748 143,740 825,242 Transfers to Depositaries 0 0 225,223 Total Federal Reserve Account 19,726 673,099 5,011,011 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 3,307 100,110 854,652 Total Withdrawals (excluding transfers) 19,726 673,099 4,785,788 Net Change in Operating Cash Balance -11,116 32,182 -143,675 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday February 25, 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 -174 -4,772 -21,754 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 11 241 1,410 Interest Increment 0 593 3,015 Government Account Series 174,896 2,953,081 17,619,813 Hope Bonds 0 0 462 Domestic Series 0 0 42 Foreign Series 0 0 2,500 State and Local Series 532 3,422 14,801 Other 372 7,029 33,305 Total Issues 175,639 3,489,114 21,184,465 (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 39 790 4,825 Government Account Series 181,072 2,959,447 17,517,813 Hope Bonds 0 0 0 Domestic Series 0 0 42 Foreign Series 0 0 500 State and Local Series 10 6,296 33,113 Other 374 7,235 35,043 Total Redemptions 181,495 3,283,620 20,371,691 Net Change in Public Debt Outstanding -5,856 205,494 812,774 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday February 25, 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) 175,639 3,489,114 21,184,465 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 (-) 174,896 2,952,527 17,618,358 Hope Bonds (-) 0 0 462 Interest Increment on United States Savings Securities (-) 0 593 3,015 Inflation-Protected Securities Increment -174 -4,772 -21,995 Total Public Debt Cash Issues Deposited in Federal Reserve Account 916 539,719 3,580,345 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 181,495 3,283,620 20,371,691 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 (-) 181,072 2,959,447 17,514,183 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 423 324,173 2,857,508 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday February 25, 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/$ 6,530,807 $ 6,530,393 $ 6,317,224 $ 5,808,692 Intragovernmental Holdings 4,306,692 4,312,962 4,314,781 4,216,033 Total Public Debt Outstanding 10,837,499 10,843,355 10,632,005 10,024,725 Less: Debt Not Subject to Limit: Other Debt 492 492 492 494 Unamortized Discount 47,138 47,182 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 10,775,392 10,781,204 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 25, 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 $ 6,084 $ 132,070 $ 729,663 Individual Income Taxes 15 284 3,115 Railroad Retirement Taxes 3 473 1,960 Excise Taxes 347 3,083 21,923 Corporation Income Taxes 57 4,548 79,456 Federal Unemployment Taxes 5 768 2,012 Estate and Gift Taxes & Misc IRS Rcpts. 1 59 261 Change in Balance of Unclassified Taxes -190 -19 72 Total 6,323 141,265 838,463 These Receipts were deposited in: Federal Reserve Account: Directly 61 2,564 12,687 Collector Depositaries 2,864 32,276 203,894 Tax and Loan Accounts 3,306 100,109 592,280 Inter-agency Transfers 91 6,317 29,601 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 9 $ 86 $ 1,885 $ 1,981 Deposits: Taxes Received (Table IV) 6 51 3,250 3,306 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 0 906 906 Depositary Initiated 1 10 2,391 2,402 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 14 127 1,838 1,980 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday February 25, 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 $ 1,007 $ 86,869 $ 120,676 Business 658 6,791 33,332 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.