1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday December 16, 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 $ 132,157 $ 132,273 $ 99,236 $ 108,324 Financial Institution Accoun 0 0 0 0 Supplementary Financing Prog 15,000 15,000 14,999 164,945 Tax and Loan Note Accounts (Table V) 1,882 2,026 1,962 1,996 Total Operating Balance 149,038 149,299 116,197 275,265 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday December 16, 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) 15 392 1,739 Air Transport Security Fees 0 7 394 Commodity Credit Corporation programs 23 281 1,110 Customs and Certain Excise Taxes 52 795 6,017 Deposits by States: Supplemental Security Income 0 2 671 Unemployment 14 253 4,694 Education Department programs 42 954 5,245 Energy Department programs 9 181 1,318 Estate and Gift Taxes 107 832 3,635 Federal Reserve Earnings 1,080 4,624 16,755 Foreign Deposits, Military Sales 41 1,506 4,399 FTD's Received (Table IV) 3,909 31,531 107,298 Housing and Urban Development programs 13 68 416 Individual Income and Employment Taxes, Not Withheld 501 3,075 18,737 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 81 948 2,443 Postal Service 394 4,917 20,010 Public Debt Cash Issues (Table III-B) 1,060 301,162 1,685,751 Other Deposits: Medicare Premiums 57 513 4,087 National Credit Union Administration 95 1,790 1,809 TARP 938 46,602 49,556 Total Other Deposits 1,090 49,901 70,682 Change in Balance of Uncollected Funds (closing balance $ -2) 2 2 3 Transfers from Depositaries 10,309 92,239 281,302 Total Federal Reserve Account 18,744 493,671 2,232,619 Tax and Loan Note Accounts: FTD's Received (Table IV) 10,165 92,159 280,285 Transfers from Federal Reserve Account (Table V) 0 0 903 Total Tax and Loan Note Accounts (Table V) 10,165 92,159 281,188 Total Deposits (excluding transfers) 18,600 493,590 2,231,602 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday December 16, 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 138 1,560 9,419 Defense Vendor Payments (EFT) 1,707 20,045 80,878 Education Department programs 430 7,152 41,150 Energy Department programs 118 1,479 7,272 Federal Employees Insurance Payments 206 2,884 12,950 Fed. Highway Administration programs 207 2,081 10,314 Federal Salaries (EFT) 262 7,796 38,302 Food and Nutrition Service (misc) 332 4,649 18,806 Food Stamps 17 283 1,105 GSA programs 62 635 3,911 Health and Human Services Grants (misc) 418 4,775 20,134 Housing and Urban Development programs 213 4,215 14,844 Interest on Treasury Securities 1 2,200 35,328 Justice Department programs 46 853 3,920 Labor Dept. prgms (excl. unemployment) 67 662 3,219 Medicaid 875 12,922 56,609 Medicare 1,485 28,593 113,306 NASA programs 36 911 3,355 Postal Service Money Orders and Other 144 2,214 9,237 Public Debt Cash Redemp. (Table III-B) 570 244,967 1,471,728 Social Security Benefits (EFT) 8,015 38,969 132,445 Temporary Assistance for Needy Families (HHS) 84 1,397 4,533 Transportation Security Admin. (DHS) 26 94 447 Unemployment Insurance Benefits 830 8,139 31,600 Veterans Affairs programs 122 1,703 7,122 Other Withdrawals: Deposit Insurance Fund 132 3,532 6,549 Emergency Prep & Response (DHS) 55 422 2,296 Interior 61 591 2,229 IRS Tax Refunds Business (EFT) 360 1,206 14,186 National Highway Traffic Safety Admin 14 78 296 TARP 99 376 4,795 Thrift Savings Plan Transfer 153 1,349 4,696 Unclassified 1,578 27,141 108,422 Total, Other Withdrawals 2,450 59,572 225,894 Transfers to Depositaries 0 0 903 Total Federal Reserve Account 18,861 460,749 2,358,732 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 10,309 92,239 281,302 Total Withdrawals (excluding transfers) 18,861 460,749 2,357,829 Net Change in Operating Cash Balance -261 32,841 -126,227 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday December 16, 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 0 190,699 1,069,360 Cash Management Series 0 27,000 77,001 Notes 0 61,329 448,310 Bonds 0 13,070 43,147 Inflation-Protected Securities Increment 19 276 2,023 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 11 174 529 Interest Increment 0 332 1,160 Government Account Series 179,756 2,186,292 9,742,169 Hope Bonds 0 0 0 Domestic Series 0 0 9 Foreign Series 0 0 0 State and Local Series 531 2,953 18,701 Other 518 6,553 28,557 Total Issues 180,835 2,488,679 11,430,966 (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 0 214,713 1,285,384 Notes 0 15,003 121,943 Bonds 0 0 5,016 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 44 614 2,449 Government Account Series 186,163 2,227,687 9,740,470 Hope Bonds 0 0 0 Domestic Series 0 0 9 Foreign Series 0 0 500 State and Local Series 8 8,073 27,417 Other 518 6,564 28,534 Total Redemptions 186,733 2,472,653 11,211,722 Net Change in Public Debt Outstanding -5,897 16,026 219,244 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday December 16, 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) 180,835 2,488,679 11,430,966 Premium on New Issues 0 0 2,105 Discount on New Issues: Bills (-) 0 61 602 Bonds and Notes (-) 0 555 1,576 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 179,756 2,186,292 9,742,169 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 332 1,160 Inflation-Protected Securities Increment 19 276 1,813 Total Public Debt Cash Issues Deposited in Federal Reserve Account 1,060 301,162 1,685,751 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 186,733 2,472,653 11,211,722 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 (-) 186,163 2,227,687 9,739,994 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 570 244,967 1,471,728 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday December 16, 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/$ 7,769,367 $ 7,769,018 $ 7,712,387 $ 7,551,862 Intragovernmental Holdings 4,359,706 4,365,952 4,400,660 4,357,967 Total Public Debt Outstanding 12,129,073 12,134,971 12,113,048 11,909,829 Less: Debt Not Subject to Limit: Other Debt 489 489 489 489 Unamortized Discount 42,558 42,577 42,797 43,506 Federal Financing Bank 11,921 11,921 11,921 11,921 Hope Bonds 492 492 492 492 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 14 14 14 14 Total Public Debt Subject to Limit 12,073,627 12,079,506 12,057,363 11,853,434 Statutory Debt Limit 12,104,000 12,104,000 12,104,000 12,104,000 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 $15,000 million outstanding for securities issued to raise cash for the temporary Supplementary Financing Program (www.treas.gov/press/releases/hp1144.htm). 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Wednesday December 16, 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 $ 12,702 $ 79,782 $ 332,187 Individual Income Taxes 14 293 1,061 Railroad Retirement Taxes 36 201 906 Excise Taxes 6 2,822 13,046 Corporation Income Taxes 899 43,153 54,394 Federal Unemployment Taxes 2 20 635 Estate and Gift Taxes & Misc IRS Rcpts. 10 43 146 Change in Balance of Unclassified Taxes 447 812 852 Total 14,117 127,127 403,226 These Receipts were deposited in: Federal Reserve Account: Directly 53 1,425 8,116 Collector Depositaries 3,856 30,106 99,182 Tax and Loan Accounts 10,165 92,159 280,285 Inter-agency Transfers 43 3,437 15,644 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 17 $ 153 $ 1,856 $ 2,026 Deposits: Taxes Received (Table IV) 11 88 10,066 10,165 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 1,352 1,352 Depositary Initiated 3 36 8,918 8,957 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 24 205 1,652 1,882 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday December 16, 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 $ 30 $ 1,220 $ 28,635 Business 389 3,010 27,485 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.