1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday March 05, 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 $ 66,984 $ 68,282 $ 23,502 $ 32,988 Financial Institution Account 895 895 895 0 Supplementary Financing Program 199,945 199,950 199,950 299,491 Tax and Loan Note Accounts (Table V) 1,960 1,987 1,976 39,129 Total Operating Balance 269,784 271,114 226,323 371,608 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday March 05, 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) 12 126 3,074 Air Transport Security Fees 4 10 890 Commodity Credit Corporation programs 67 176 3,308 Customs and Certain Excise Taxes 45 233 13,814 Deposits by States: Supplemental Security Income 0 1 1,639 Unemployment 20 99 8,037 Education Department programs 41 486 6,496 Energy Department programs 42 144 3,066 Estate and Gift Taxes 86 286 10,867 Federal Reserve Earnings 0 44 11,363 Foreign Deposits, Military Sales 12 1,126 8,916 FTD's Received (Table IV) 543 8,352 228,151 Housing and Urban Development programs 1 7 634 Individual Income and Employment Taxes, Not Withheld 518 2,229 94,782 Interest recd from T&L Depositaries 0 0 29 Justice Department programs 8 35 2,650 Postal Service 405 1,653 41,720 Public Debt Cash Issues (Table III-B) 132,917 235,148 3,957,837 Other Deposits: Federal Housing Admin: Note Sales 51 217 4,783 Prepayment of Treasury Securities 253 320 6,461 Thrift Savings Plan Transfer 139 812 9,117 Total Other Deposits 443 2,747 55,101 Change in Balance of Uncollected Funds (closing balance $ 13) -2 -3 51 Transfers from Depositaries 1,622 29,581 892,852 Total Federal Reserve Account 136,784 282,479 5,345,279 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,595 29,565 630,460 Transfers from Federal Reserve Account (Table V) 0 0 225,223 Total Tax and Loan Note Accounts (Table V) 1,595 29,565 855,683 Total Deposits (excluding transfers) 136,757 282,462 5,082,887 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday March 05, 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 12 134 17,039 Defense Vendor Payments (EFT) 1,543 5,709 157,186 Education Department programs 348 2,963 68,203 Energy Department programs 91 301 12,498 Federal Employees Insurance Payments 167 913 25,038 Fed. Highway Administration programs 92 380 14,831 Federal Salaries (EFT) 130 1,003 73,538 Food and Nutrition Service (misc) 237 1,039 28,934 Food Stamps 14 40 1,739 GSA programs 118 650 7,589 Health and Human Services Grants (misc) 454 1,444 36,478 Housing and Urban Development programs 129 2,649 25,727 Interest on Treasury Securities 1 4,243 81,162 Justice Department programs 36 186 5,853 Labor Dept. prgms (excl. unemployment) 46 151 5,328 Medicaid 1,738 5,355 94,230 Medicare 1,059 4,686 213,150 NASA programs 83 313 6,740 Postal Service Money Orders and Other 157 653 19,509 Public Debt Cash Redemp. (Table III-B) 125,974 154,565 3,106,532 Social Security Benefits (EFT) 55 22,726 239,101 Temporary Assistance for Needy Families (HHS) 25 331 8,323 Transportation Security Admin. (DHS) 1 28 990 Unemployment Insurance Benefits 404 2,050 35,451 Veterans Affairs programs 250 596 12,862 Other Withdrawals: Emergency Prep & Response (DHS) 53 256 7,351 Federal Crop Ins. Corp. 340 1,469 8,078 FSLIC Resolution Fund 55 55 96 HHS Deposit Fund Transfers to States 1/ 349 349 421 IRS Tax Refunds Business (EFT) 473 1,811 19,984 IRS Tax Refunds Individual (EFT) 593 2,828 114,354 Prepayment of Treasury Securities 265 326 6,506 Securities and Exchange Commission 80 89 370 TARP 250 304 300,750 U.S. District Courts (net) -107 -143 -1,194 Unclassified 2,572 9,181 241,775 Total, Other Withdrawals 4,922 25,895 886,681 Transfers to Depositaries 0 0 225,223 Total Federal Reserve Account 138,087 239,001 5,409,934 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 1,622 29,581 892,852 Total Withdrawals (excluding transfers) 138,087 239,001 5,184,712 Net Change in Operating Cash Balance -1,330 43,461 -101,824 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 Thursday March 05, 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 96,415 96,413 2,162,685 Cash Management Series 35,000 35,000 1,070,003 Notes 0 99,038 635,447 Bonds 0 0 34,485 Inflation-Protected Securities Increment 66 -86 -22,186 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 12 78 1,771 Interest Increment 0 563 3,578 Government Account Series 176,186 719,379 18,702,639 Hope Bonds 0 0 462 Domestic Series 0 0 42 Foreign Series 1,000 1,000 3,500 State and Local Series 71 2,485 17,468 Other 523 1,666 35,888 Total Issues 309,273 955,536 22,645,783 (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 125,412 125,412 2,730,928 Notes 0 23,038 291,170 Bonds 0 0 3 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 47 181 5,087 Government Account Series 174,602 725,081 18,614,571 Hope Bonds 0 0 0 Domestic Series 0 0 42 Foreign Series 0 0 500 State and Local Series 6 4,269 37,561 Other 509 1,665 37,611 Total Redemptions 300,577 879,646 21,717,473 Net Change in Public Debt Outstanding 8,697 75,890 928,310 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday March 05, 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) 309,273 955,536 22,645,783 Premium on New Issues 0 0 5,324 Discount on New Issues: Bills (-) 105 105 7,058 Bonds and Notes (-) 0 427 3,415 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 176,186 719,379 18,701,183 Hope Bonds (-) 0 0 462 Interest Increment on United States Savings Securities (-) 0 563 3,578 Inflation-Protected Securities Increment 66 -86 -22,427 Total Public Debt Cash Issues Deposited in Federal Reserve Account 132,917 235,148 3,957,837 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 300,577 879,646 21,717,473 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 (-) 174,602 725,081 18,610,941 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 125,974 154,565 3,106,532 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday March 05, 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/$ 6,661,393 $ 6,654,450 $ 6,579,163 $ 5,808,692 Intragovernmental Holdings 4,291,641 4,289,888 4,297,982 4,216,033 Total Public Debt Outstanding 10,953,034 10,944,338 10,877,145 10,024,725 Less: Debt Not Subject to Limit: Other Debt 492 492 492 494 Unamortized Discount 47,429 47,369 47,545 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 10,890,636 10,882,000 10,814,630 9,959,850 Statutory Debt Limit 12,104,000 12,104,000 12,104,000 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 $199,945 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 March 05, 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 $ 2,298 $ 38,577 $ 779,025 Individual Income Taxes 17 141 3,289 Railroad Retirement Taxes 4 78 2,105 Excise Taxes 10 44 23,760 Corporation Income Taxes 60 238 79,800 Federal Unemployment Taxes 2 14 2,032 Estate and Gift Taxes & Misc IRS Rcpts. 1 8 275 Change in Balance of Unclassified Taxes 49 157 146 Total 2,440 39,256 890,432 These Receipts were deposited in: Federal Reserve Account: Directly 44 212 13,506 Collector Depositaries 500 8,139 214,646 Tax and Loan Accounts 1,595 29,565 630,460 Inter-agency Transfers 302 1,340 31,821 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 20 $ 177 $ 1,790 $ 1,987 Deposits: Taxes Received (Table IV) 2 19 1,574 1,595 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 0 862 862 Depositary Initiated 0 8 752 760 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 22 188 1,750 1,960 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday March 05, 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 $ 829 $ 3,820 $ 142,256 Business 520 2,474 37,021 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.