1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday March 11, 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 $ 34,431 $ 44,246 $ 23,502 $ 32,988 Financial Institution Accoun 895 895 895 0 Supplementary Financing Prog 199,945 199,945 199,950 299,491 Tax and Loan Note Accounts (Table V) 2,003 1,973 1,976 39,129 Total Operating Balance 237,274 247,060 226,323 371,608 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday March 11, 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) 16 190 3,137 Air Transport Security Fees 1 12 892 Commodity Credit Corporation programs 28 302 3,434 Customs and Certain Excise Taxes 41 441 14,023 Deposits by States: Supplemental Security Income 0 59 1,697 Unemployment 16 166 8,105 Education Department programs 76 1,022 7,033 Energy Department programs 6 178 3,100 Estate and Gift Taxes 154 621 11,202 Federal Reserve Earnings 57 101 11,420 Foreign Deposits, Military Sales 50 1,385 9,176 FTD's Received (Table IV) 3,099 15,440 235,240 Housing and Urban Development programs 23 31 658 Individual Income and Employment Taxes, Not Withheld 458 4,488 97,041 Interest recd from T&L Depositaries 0 0 29 Justice Department programs 8 73 2,688 Postal Service 339 3,258 43,325 Public Debt Cash Issues (Table III-B) 561 236,999 3,959,688 Other Deposits: Federal Housing Admin: Note Sales 50 571 5,137 Total Other Deposits 50 3,890 56,244 Change in Balance of Uncollected Funds (closing balance $ 8) 27 1 56 Transfers from Depositaries 3,945 51,094 914,365 Total Federal Reserve Account 8,955 319,754 5,382,554 Tax and Loan Note Accounts: FTD's Received (Table IV) 3,974 51,121 652,017 Transfers from Federal Reserve Account (Table V) 0 0 225,223 Total Tax and Loan Note Accounts (Table V) 3,974 51,121 877,240 Total Deposits (excluding transfers) 8,985 319,781 5,120,206 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday March 11, 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 38 262 17,167 Defense Vendor Payments (EFT) 1,775 11,797 163,275 Education Department programs 293 5,126 70,366 Energy Department programs 85 668 12,865 Federal Employees Insurance Payments 216 1,818 25,943 Fed. Highway Administration programs 84 817 15,268 Federal Salaries (EFT) 286 5,796 78,330 Food and Nutrition Service (misc) 327 2,505 30,400 Food Stamps 29 95 1,794 GSA programs 52 808 7,747 Health and Human Services Grants (misc) 352 2,630 37,664 Housing and Urban Development programs 154 3,141 26,219 Interest on Treasury Securities 1 4,249 81,168 Justice Department programs 41 481 6,148 Labor Dept. prgms (excl. unemployment) 60 338 5,515 Medicaid 2,154 10,591 99,466 Medicare 1,321 9,645 218,109 NASA programs 32 555 6,982 Postal Service Money Orders and Other 156 1,584 20,440 Public Debt Cash Redemp. (Table III-B) 420 156,618 3,108,585 Social Security Benefits (EFT) 7,366 30,286 246,662 Temporary Assistance for Needy Families (HHS) 48 534 8,525 Transportation Security Admin. (DHS) 5 50 1,012 Unemployment Insurance Benefits 528 4,029 37,430 Veterans Affairs programs 76 1,156 13,423 Other Withdrawals: IRS Tax Refunds Business (EFT) 159 6,193 24,367 IRS Tax Refunds Individual (EFT) 522 16,941 128,467 Unclassified 2,188 17,099 249,693 Total, Other Withdrawals 2,869 53,251 914,037 Transfers to Depositaries 0 0 225,223 Total Federal Reserve Account 18,770 308,830 5,479,763 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 3,945 51,094 914,365 Total Withdrawals (excluding transfers) 18,770 308,830 5,254,540 Net Change in Operating Cash Balance -9,786 10,951 -134,334 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday March 11, 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 96,410 2,162,682 Cash Management Series 0 35,000 1,070,003 Notes 0 99,038 635,446 Bonds 0 0 34,485 Inflation-Protected Securities Increment 65 305 -21,796 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 10 130 1,824 Interest Increment 0 564 3,579 Government Account Series 173,291 1,420,722 19,403,982 Hope Bonds 0 0 462 Domestic Series 0 0 42 Foreign Series 0 1,000 3,500 State and Local Series 78 2,674 17,658 Other 373 3,177 37,400 Total Issues 173,816 1,659,021 23,349,268 (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 0 125,412 2,730,928 Notes 0 23,038 291,170 Bonds 0 0 3 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 43 366 5,271 Government Account Series 180,705 1,428,448 19,317,938 Hope Bonds 0 0 0 Domestic Series 0 0 42 Foreign Series 0 0 500 State and Local Series 2 4,350 37,641 Other 375 3,453 39,399 Total Redemptions 181,125 1,585,066 22,422,893 Net Change in Public Debt Outstanding -7,309 73,955 926,375 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday March 11, 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) 173,816 1,659,021 23,349,268 Premium on New Issues 0 0 5,324 Discount on New Issues: Bills (-) 0 105 7,058 Bonds and Notes (-) 0 427 3,415 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 173,191 1,420,621 19,402,426 Hope Bonds (-) 0 0 462 Interest Increment on United States Savings Securities (-) 0 564 3,579 Inflation-Protected Securities Increment 65 305 -22,037 Total Public Debt Cash Issues Deposited in Federal Reserve Account 561 236,999 3,959,688 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 181,125 1,585,066 22,422,893 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 (-) 180,705 1,428,448 19,314,308 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 420 156,618 3,108,585 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday March 11, 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/$ 6,662,845 $ 6,662,657 $ 6,579,163 $ 5,808,692 Intragovernmental Holdings 4,288,255 4,295,752 4,297,982 4,216,033 Total Public Debt Outstanding 10,951,100 10,958,409 10,877,145 10,024,725 Less: Debt Not Subject to Limit: Other Debt 492 492 492 494 Unamortized Discount 47,169 47,212 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 10,888,961 10,896,227 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). 1/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 Wednesday March 11, 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 $ 6,524 $ 67,336 $ 807,783 Individual Income Taxes 14 214 3,361 Railroad Retirement Taxes 11 170 2,198 Excise Taxes 331 556 24,272 Corporation Income Taxes 260 910 80,471 Federal Unemployment Taxes 4 26 2,044 Estate and Gift Taxes & Misc IRS Rcpts. 1 13 281 Change in Balance of Unclassified Taxes 17 159 148 Total 7,162 69,383 920,558 These Receipts were deposited in: Federal Reserve Account: Directly 55 504 13,797 Collector Depositaries 3,044 14,936 221,443 Tax and Loan Accounts 3,974 51,121 652,017 Inter-agency Transfers 89 2,821 33,302 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 6 $ 54 $ 1,913 $ 1,973 Deposits: Taxes Received (Table IV) 6 51 3,918 3,974 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 0 892 892 Depositary Initiated 1 9 3,044 3,053 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 11 97 1,895 2,003 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday March 11, 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 $ 778 $ 21,343 $ 159,778 Business 467 7,922 42,469 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.