1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday March 12, 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 $ 53,041 $ 34,431 $ 23,502 $ 32,988 Financial Institution Accoun 895 895 895 0 Supplementary Financing Prog 199,937 199,945 199,950 299,491 Tax and Loan Note Accounts (Table V) 1,961 2,003 1,976 39,129 Total Operating Balance 255,834 237,274 226,323 371,608 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday March 12, 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) 15 206 3,153 Air Transport Security Fees 0 12 892 Commodity Credit Corporation programs 29 331 3,463 Customs and Certain Excise Taxes 42 483 14,064 Deposits by States: Supplemental Security Income 0 59 1,698 Unemployment 9 175 8,114 Education Department programs 19 1,042 7,052 Energy Department programs 6 183 3,106 Estate and Gift Taxes 51 672 11,253 Federal Reserve Earnings 0 101 11,420 Foreign Deposits, Military Sales 149 1,534 9,325 FTD's Received (Table IV) 746 16,186 235,986 Housing and Urban Development programs 1 32 659 Individual Income and Employment Taxes, Not Withheld 225 4,712 97,266 Interest recd from T&L Depositaries 0 0 29 Justice Department programs 4 77 2,692 Postal Service 325 3,583 43,650 Public Debt Cash Issues (Table III-B) 155,409 392,408 4,115,097 Other Deposits: Prepayment of Treasury Securities 351 701 6,842 Thrift Savings Plan Transfer 211 1,479 9,784 Total Other Deposits 562 4,452 56,806 Change in Balance of Uncollected Funds (closing balance $ 32) -24 -23 32 Transfers from Depositaries 2,158 53,252 916,523 Total Federal Reserve Account 159,725 479,478 5,542,279 Tax and Loan Note Accounts: FTD's Received (Table IV) 2,116 53,237 654,133 Transfers from Federal Reserve Account (Table V) 0 0 225,223 Total Tax and Loan Note Accounts (Table V) 2,116 53,237 879,356 Total Deposits (excluding transfers) 159,683 479,464 5,279,889 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday March 12, 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 10 272 17,178 Defense Vendor Payments (EFT) 1,466 13,263 164,740 Education Department programs 518 5,644 70,884 Energy Department programs 103 771 12,968 Federal Employees Insurance Payments 333 2,151 26,276 Fed. Highway Administration programs 93 910 15,361 Federal Salaries (EFT) 789 6,584 79,118 Food and Nutrition Service (misc) 268 2,773 30,668 Food Stamps 13 108 1,807 GSA programs 114 922 7,861 Health and Human Services Grants (misc) 310 2,940 37,974 Housing and Urban Development programs 125 3,267 26,345 Interest on Treasury Securities 1 4,251 81,169 Justice Department programs 61 542 6,209 Labor Dept. prgms (excl. unemployment) 45 382 5,560 Medicaid 2,611 13,203 102,078 Medicare 1,053 10,698 219,162 NASA programs 26 581 7,008 Postal Service Money Orders and Other 140 1,724 20,580 Public Debt Cash Redemp. (Table III-B) 124,535 281,154 3,233,120 Social Security Benefits (EFT) 49 30,336 246,711 Temporary Assistance for Needy Families (HHS) 184 718 8,710 Transportation Security Admin. (DHS) 1 51 1,013 Unemployment Insurance Benefits 370 4,399 37,800 Veterans Affairs programs 101 1,258 13,524 Other Withdrawals: Emergency Prep & Response (DHS) 52 567 7,663 Federal Transit Admin. 51 222 4,191 IRS Tax Refunds Business (EFT) 87 6,275 24,448 IRS Tax Refunds Individual (EFT) 504 17,439 128,965 Prepayment of Treasury Securities 380 708 6,887 TARP 250 849 301,295 Tennessee Valley Authority (net) -61 -74 -142 Unclassified 6,539 23,637 256,232 Total, Other Withdrawals 7,801 61,052 921,838 Transfers to Depositaries 0 0 225,223 Total Federal Reserve Account 141,123 449,953 5,620,886 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 2,158 53,252 916,523 Total Withdrawals (excluding transfers) 141,123 449,953 5,395,663 Net Change in Operating Cash Balance 18,560 29,511 -115,774 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday March 12, 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 124,966 221,376 2,287,647 Cash Management Series 30,000 65,000 1,100,003 Notes 0 99,038 635,446 Bonds 0 0 34,485 Inflation-Protected Securities Increment 66 371 -21,730 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 9 139 1,833 Interest Increment 0 564 3,579 Government Account Series 177,314 1,598,036 19,581,296 Hope Bonds 0 0 462 Domestic Series 0 0 42 Foreign Series 0 1,000 3,500 State and Local Series 186 2,861 17,844 Other 523 3,700 37,923 Total Issues 333,063 1,992,085 23,682,331 (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 123,933 249,345 2,854,862 Notes 0 23,038 291,170 Bonds 0 0 3 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 43 409 5,314 Government Account Series 176,078 1,604,526 19,494,015 Hope Bonds 0 0 0 Domestic Series 0 0 42 Foreign Series 0 0 500 State and Local Series 68 4,418 37,710 Other 490 3,943 39,889 Total Redemptions 300,613 1,885,679 22,723,506 Net Change in Public Debt Outstanding 32,450 106,405 958,825 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday March 12, 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) 333,063 1,992,085 23,682,331 Premium on New Issues 0 0 5,324 Discount on New Issues: Bills (-) 275 380 7,333 Bonds and Notes (-) 0 427 3,415 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 177,314 1,597,935 19,579,740 Hope Bonds (-) 0 0 462 Interest Increment on United States Savings Securities (-) 0 564 3,579 Inflation-Protected Securities Increment 66 371 -21,971 Total Public Debt Cash Issues Deposited in Federal Reserve Account 155,409 392,408 4,115,097 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 300,613 1,885,679 22,723,506 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 (-) 176,078 1,604,526 19,490,386 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 124,535 281,154 3,233,120 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday March 12, 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/$ 6,694,196 $ 6,662,845 $ 6,579,163 $ 5,808,692 Intragovernmental Holdings 4,289,354 4,288,255 4,297,982 4,216,033 Total Public Debt Outstanding 10,983,550 10,951,100 10,877,145 10,024,725 Less: Debt Not Subject to Limit: Other Debt 492 492 492 494 Unamortized Discount 47,400 47,169 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 10,921,180 10,888,961 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 $199,937 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 12, 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 $ 2,208 $ 69,544 $ 809,991 Individual Income Taxes 13 227 3,374 Railroad Retirement Taxes 4 174 2,202 Excise Taxes 157 713 24,429 Corporation Income Taxes 621 1,530 81,092 Federal Unemployment Taxes 2 28 2,046 Estate and Gift Taxes & Misc IRS Rcpts. 3 16 284 Change in Balance of Unclassified Taxes 55 213 202 Total 3,063 72,445 923,621 These Receipts were deposited in: Federal Reserve Account: Directly 85 589 13,882 Collector Depositaries 661 15,597 222,104 Tax and Loan Accounts 2,116 53,237 654,133 Inter-agency Transfers 201 3,022 33,502 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 11 $ 97 $ 1,895 $ 2,003 Deposits: Taxes Received (Table IV) 3 22 2,092 2,116 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 0 902 902 Depositary Initiated 0 3 1,253 1,256 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 13 116 1,832 1,961 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday March 12, 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 $ 747 $ 22,085 $ 160,520 Business 114 8,031 42,578 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.