1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday February 26, 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 $ 58,662 $ 25,109 $ 23,548 $ 32,988 Financial Institution Accoun 895 895 261 0 Supplementary Financing Prog 199,950 199,950 169,962 299,491 Tax and Loan Note Accounts (Table V) 1,956 1,980 1,981 39,129 Total Operating Balance 261,462 227,933 195,752 371,608 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday February 26, 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) 21 389 2,808 Air Transport Security Fees 1 23 701 Commodity Credit Corporation programs 31 534 3,104 Customs and Certain Excise Taxes 54 2,211 13,500 Deposits by States: Supplemental Security Income 33 39 1,638 Unemployment 30 2,535 7,889 Education Department programs 34 1,243 5,928 Energy Department programs 58 565 2,850 Estate and Gift Taxes 82 1,307 10,519 Federal Reserve Earnings 0 192 11,319 Foreign Deposits, Military Sales 17 1,462 7,776 FTD's Received (Table IV) 642 35,482 217,224 Housing and Urban Development programs 11 100 622 Individual Income and Employment Taxes, Not Withheld 229 4,100 92,346 Interest recd from T&L Depositaries 0 0 29 Justice Department programs 10 824 2,607 Postal Service 326 7,063 39,742 Public Debt Cash Issues (Table III-B) 141,636 681,355 3,721,981 Other Deposits: Medicare Premiums 101 1,410 8,368 Pension Benefit Guaranty Corp. 148 409 1,548 Prepayment of Treasury Securities 262 1,175 6,137 Thrift Savings Plan Transfer 261 1,141 8,218 Total Other Deposits 771 9,745 51,195 Change in Balance of Uncollected Funds (closing balance $ 11) 10 -2 53 Transfers from Depositaries 1,865 101,975 856,517 Total Federal Reserve Account 145,861 851,142 5,050,346 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,841 101,950 594,121 Transfers from Federal Reserve Account (Table V) 0 0 225,223 Total Tax and Loan Note Accounts (Table V) 1,841 101,950 819,344 Total Deposits (excluding transfers) 145,837 851,117 4,787,950 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday February 26, 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 29 919 16,877 Defense Vendor Payments (EFT) 1,507 26,359 150,018 Education Department programs 717 11,925 64,380 Energy Department programs 245 2,008 11,951 Federal Employees Insurance Payments 484 4,363 23,878 Fed. Highway Administration programs 65 1,951 14,282 Federal Salaries (EFT) 751 13,098 72,298 Food and Nutrition Service (misc) 198 5,213 27,728 Food Stamps 8 265 1,672 GSA programs 96 1,375 6,912 Health and Human Services Grants (misc) 463 6,179 34,376 Housing and Urban Development programs 86 4,413 22,936 Interest on Treasury Securities 5 30,434 76,917 Justice Department programs 68 1,090 5,657 Labor Dept. prgms (excl. unemployment) 62 963 5,133 Medicaid 2,483 17,871 87,907 Medicare 1,369 24,346 194,064 NASA programs 11 1,212 6,427 Postal Service Money Orders and Other 124 3,321 18,502 Public Debt Cash Redemp. (Table III-B) 93,946 418,119 2,951,454 Social Security Benefits (EFT) 4 45,019 216,366 Temporary Assistance for Needy Families (HHS) 169 1,541 7,936 Transportation Security Admin. (DHS) 5 128 943 Unemployment Insurance Benefits 358 8,324 33,140 Veterans Affairs programs 87 2,260 12,130 Other Withdrawals: Agriculture Loan Payments (misc) 94 580 2,865 Federal Crop Ins. Corp. 408 2,170 6,290 Interior 71 811 4,277 IRS Tax Refunds Business (EFT) 487 3,929 17,579 IRS Tax Refunds Individual (EFT) 715 80,868 97,339 Minerals Mgmt. Svc/Pmts to States 134 134 652 Prepayment of Treasury Securities 277 1,170 6,179 Small Business Administration 94 526 1,925 Unclassified 6,689 39,032 231,299 Total, Other Withdrawals 8,970 152,709 834,212 Transfers to Depositaries 0 0 225,223 Total Federal Reserve Account 112,308 785,406 5,123,319 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 1,865 101,975 856,517 Total Withdrawals (excluding transfers) 112,308 785,406 4,898,096 Net Change in Operating Cash Balance 33,529 65,711 -110,146 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday February 26, 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 101,297 422,434 2,066,272 Cash Management Series 40,000 105,000 1,035,003 Notes 0 128,670 536,408 Bonds 0 14,713 34,485 Inflation-Protected Securities Increment -173 -4,945 -21,927 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 13 253 1,423 Interest Increment 0 593 3,015 Government Account Series 180,598 3,133,678 17,800,411 Hope Bonds 0 0 462 Domestic Series 0 0 42 Foreign Series 0 0 2,500 State and Local Series 131 3,553 14,932 Other 530 7,559 33,836 Total Issues 322,397 3,811,511 21,506,862 (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 93,297 340,430 2,605,516 Notes 0 62,718 268,133 Bonds 0 1 3 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 44 835 4,870 Government Account Series 184,790 3,144,237 17,702,603 Hope Bonds 0 0 0 Domestic Series 0 0 42 Foreign Series 0 0 500 State and Local Series 90 6,386 33,203 Other 515 7,749 35,558 Total Redemptions 278,736 3,562,356 20,650,427 Net Change in Public Debt Outstanding 43,660 249,154 856,435 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday February 26, 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) 322,397 3,811,511 21,506,862 Premium on New Issues 0 0 5,324 Discount on New Issues: Bills (-) 335 956 6,953 Bonds and Notes (-) 0 427 2,988 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 180,598 3,133,125 17,798,955 Hope Bonds (-) 0 0 462 Interest Increment on United States Savings Securities (-) 0 593 3,015 Inflation-Protected Securities Increment -173 -4,945 -22,168 Total Public Debt Cash Issues Deposited in Federal Reserve Account 141,636 681,355 3,721,981 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 278,736 3,562,356 20,650,427 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 (-) 184,790 3,144,237 17,698,973 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 93,946 418,119 2,951,454 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday February 26, 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/$ 6,578,856 $ 6,530,807 $ 6,317,224 $ 5,808,692 Intragovernmental Holdings 4,302,304 4,306,692 4,314,781 4,216,033 Total Public Debt Outstanding 10,881,160 10,837,499 10,632,005 10,024,725 Less: Debt Not Subject to Limit: Other Debt 492 492 492 494 Unamortized Discount 47,429 47,138 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 10,818,761 10,775,392 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 Thursday February 26, 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 $ 2,936 $ 135,006 $ 732,599 Individual Income Taxes 11 294 3,126 Railroad Retirement Taxes 57 530 2,018 Excise Taxes 56 3,140 21,980 Corporation Income Taxes 28 4,576 79,484 Federal Unemployment Taxes 2 770 2,015 Estate and Gift Taxes & Misc IRS Rcpts. 6 65 267 Change in Balance of Unclassified Taxes -50 -70 22 Total 3,046 144,312 841,509 These Receipts were deposited in: Federal Reserve Account: Directly 66 2,630 12,754 Collector Depositaries 576 32,852 204,470 Tax and Loan Accounts 1,841 101,950 594,121 Inter-agency Transfers 563 6,880 30,164 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 14 $ 127 $ 1,838 $ 1,980 Deposits: Taxes Received (Table IV) 2 19 1,821 1,841 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 0 808 808 Depositary Initiated 0 5 1,051 1,057 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 16 141 1,799 1,956 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday February 26, 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 $ 1,054 $ 87,912 $ 121,719 Business 528 7,317 33,859 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.