1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday March 20, 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 $ 84,040 $ 97,803 $ 23,502 $ 32,988 Financial Institution Account 0 1,683 895 0 Supplementary Financing Program 199,935 199,935 199,950 299,491 Tax and Loan Note Accounts (Table V) 1,963 2,014 1,976 39,129 Total Operating Balance 285,939 301,435 226,323 371,608 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday March 20, 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) 64 327 3,274 Air Transport Security Fees 0 21 901 Commodity Credit Corporation programs 260 824 3,956 Customs and Certain Excise Taxes 70 838 14,419 Deposits by States: Supplemental Security Income 0 60 1,699 Unemployment 19 271 8,210 Education Department programs 27 1,310 7,321 Energy Department programs 18 277 3,199 Estate and Gift Taxes 45 1,090 11,672 Federal Reserve Earnings 0 297 11,616 Foreign Deposits, Military Sales 49 1,751 9,542 FTD's Received (Table IV) 1,267 32,545 252,344 Housing and Urban Development programs 3 55 682 Individual Income and Employment Taxes, Not Withheld 297 6,612 99,166 Interest recd from T&L Depositaries 0 0 29 Justice Department programs 6 256 2,871 Postal Service 304 5,612 45,678 Public Debt Cash Issues (Table III-B) 455 592,119 4,314,809 Other Deposits: Deposit Insurance Fund 689 1,533 9,414 Medicare Premiums 147 752 9,270 Minerals Management Svc/Collections 93 465 3,523 TARP 38 447 2,901 Thrift Savings Plan Transfer 50 1,630 9,935 Total Other Deposits 1,017 7,263 59,617 Change in Balance of Uncollected Funds (closing balance $ 3) 1 7 61 Transfers from Depositaries 4,555 105,592 968,863 Total Federal Reserve Account 8,458 757,128 5,819,928 Tax and Loan Note Accounts: FTD's Received (Table IV) 4,505 105,579 706,475 Transfers from Federal Reserve Account (Table V) 0 0 225,223 Total Tax and Loan Note Accounts (Table V) 4,505 105,579 931,697 Total Deposits (excluding transfers) 8,408 757,115 5,557,540 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday March 20, 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 17 481 17,387 Defense Vendor Payments (EFT) 2,190 23,531 175,009 Education Department programs 346 8,082 73,322 Energy Department programs 185 1,482 13,679 Federal Employees Insurance Payments 139 3,374 27,499 Fed. Highway Administration programs 153 1,628 16,079 Federal Salaries (EFT) 2,800 10,282 82,816 Food and Nutrition Service (misc) 200 4,656 32,551 Food Stamps 22 254 1,953 GSA programs 22 1,259 8,198 Health and Human Services Grants (misc) 348 5,055 40,089 Housing and Urban Development programs 88 4,014 27,092 Interest on Treasury Securities 3 5,278 82,197 Justice Department programs 53 821 6,488 Labor Dept. prgms (excl. unemployment) 63 747 5,924 Medicaid 1,036 18,403 107,278 Medicare 1,768 18,903 227,367 NASA programs 66 1,047 7,474 Postal Service Money Orders and Other 144 2,575 21,431 Public Debt Cash Redemp. (Table III-B) 601 429,811 3,381,778 Social Security Benefits (EFT) 41 37,842 254,217 Temporary Assistance for Needy Families (HHS) 43 1,024 9,015 Transportation Security Admin. (DHS) 18 136 1,098 Unemployment Insurance Benefits 263 7,160 40,561 Veterans Affairs programs 128 1,934 14,200 Other Withdrawals: Deposit Insurance Fund 145 426 12,179 Interior 84 668 4,976 IRS Tax Refunds Business (EFT) 1,458 13,209 31,382 IRS Tax Refunds Individual (EFT) 8,612 37,657 149,183 TARP 81 2,535 302,981 Thrift Savings Plan Transfer 158 558 8,136 Unclassified 2,630 36,381 268,975 Total, Other Withdrawals 13,168 107,720 968,506 Transfers to Depositaries 0 0 225,223 Total Federal Reserve Account 23,904 697,500 5,868,433 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 4,555 105,592 968,863 Total Withdrawals (excluding transfers) 23,904 697,500 5,643,210 Net Change in Operating Cash Balance -15,496 59,615 -85,670 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday March 20, 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 0 319,160 2,385,431 Cash Management Series 0 100,002 1,135,005 Notes 0 151,963 688,372 Bonds 0 11,196 45,681 Inflation-Protected Securities Increment 64 892 -21,209 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 13 205 1,899 Interest Increment 0 565 3,581 Government Account Series 176,166 2,657,753 20,641,014 Hope Bonds 0 0 462 Domestic Series 0 0 42 Foreign Series 0 1,000 3,500 State and Local Series 7 3,554 18,537 Other 436 6,451 40,673 Total Issues 176,686 3,252,741 24,942,987 (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 0 378,140 2,983,656 Notes 0 39,039 307,171 Bonds 0 0 4 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 37 653 5,559 Government Account Series 174,965 2,659,268 20,548,757 Hope Bonds 0 0 0 Domestic Series 0 0 42 Foreign Series 0 0 500 State and Local Series 114 5,367 38,659 Other 450 6,611 42,557 Total Redemptions 175,565 3,089,078 23,926,905 Net Change in Public Debt Outstanding 1,121 163,663 1,016,082 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday March 20, 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) 176,686 3,252,741 24,942,987 Premium on New Issues 0 0 5,324 Discount on New Issues: Bills (-) 0 478 7,431 Bonds and Notes (-) 0 1,285 4,272 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 176,166 2,657,403 20,639,207 Hope Bonds (-) 0 0 462 Interest Increment on United States Savings Securities (-) 0 565 3,581 Inflation-Protected Securities Increment 64 892 -21,450 Total Public Debt Cash Issues Deposited in Federal Reserve Account 455 592,119 4,314,809 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 175,565 3,089,078 23,926,905 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 (-) 174,965 2,659,268 20,545,128 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 601 429,811 3,381,778 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday March 20, 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/$ 6,746,758 $ 6,746,329 $ 6,579,163 $ 5,808,692 Intragovernmental Holdings 4,294,049 4,293,358 4,297,982 4,216,033 Total Public Debt Outstanding 11,040,807 11,039,686 10,877,145 10,024,725 Less: Debt Not Subject to Limit: Other Debt 492 492 492 494 Unamortized Discount 47,155 47,197 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 10,978,683 10,977,520 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 $199,935 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 Friday March 20, 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 $ 6,413 $ 118,279 $ 858,727 Individual Income Taxes 31 404 3,552 Railroad Retirement Taxes 11 268 2,296 Excise Taxes 18 2,425 26,140 Corporation Income Taxes 184 20,246 99,807 Federal Unemployment Taxes 3 47 2,066 Estate and Gift Taxes & Misc IRS Rcpts. 1 38 306 Change in Balance of Unclassified Taxes -362 751 740 Total 6,299 142,459 993,634 These Receipts were deposited in: Federal Reserve Account: Directly 42 1,488 14,782 Collector Depositaries 1,225 31,056 237,563 Tax and Loan Accounts 4,505 105,579 706,475 Inter-agency Transfers 528 4,335 34,815 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 14 $ 105 $ 1,896 $ 2,014 Deposits: Taxes Received (Table IV) 4 44 4,457 4,505 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 12 92 669 773 Depositary Initiated 0 3 3,779 3,782 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 5 53 1,905 1,963 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday March 20, 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 $ 12,241 $ 50,382 $ 188,817 Business 1,531 15,879 50,425 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.