1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday December 17, 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 $ 89,194 $ 132,157 $ 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) 1,992 1,882 1,962 1,996 Total Operating Balance 106,185 149,038 116,197 275,265 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday December 17, 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) 11 402 1,749 Air Transport Security Fees 0 7 395 Commodity Credit Corporation programs 29 310 1,138 Customs and Certain Excise Taxes 58 853 6,075 Deposits by States: Supplemental Security Income 0 3 671 Unemployment 23 277 4,717 Education Department programs 27 980 5,271 Energy Department programs 5 186 1,323 Estate and Gift Taxes 76 908 3,711 Federal Reserve Earnings 0 4,624 16,755 Foreign Deposits, Military Sales 33 1,539 4,432 FTD's Received (Table IV) 770 32,301 108,068 Housing and Urban Development programs 3 72 420 Individual Income and Employment Taxes, Not Withheld 231 3,306 18,969 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 10 958 2,454 Postal Service 368 5,285 20,377 Public Debt Cash Issues (Table III-B) 122,944 424,106 1,808,695 Other Deposits: Interior 91 180 498 Medicare Premiums 58 572 4,146 Prepayment of Treasury Securities 162 481 2,368 Total Other Deposits 311 50,212 70,993 Change in Balance of Uncollected Funds (closing balance $ -1) -1 1 2 Transfers from Depositaries 2,217 94,456 283,518 Total Federal Reserve Account 127,114 620,785 2,359,733 Tax and Loan Note Accounts: FTD's Received (Table IV) 2,326 94,486 282,611 Transfers from Federal Reserve Account (Table V) 0 0 903 Total Tax and Loan Note Accounts (Table V) 2,326 94,486 283,514 Total Deposits (excluding transfers) 127,224 620,814 2,358,826 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday December 17, 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 170 1,729 9,588 Defense Vendor Payments (EFT) 2,130 22,174 83,008 Education Department programs 598 7,750 41,748 Energy Department programs 179 1,658 7,452 Federal Employees Insurance Payments 172 3,056 13,122 Fed. Highway Administration programs 126 2,207 10,440 Federal Salaries (EFT) 807 8,603 39,110 Food and Nutrition Service (misc) 364 5,012 19,170 Food Stamps 14 297 1,119 GSA programs 114 749 4,025 Health and Human Services Grants (misc) 514 5,289 20,648 Housing and Urban Development programs 161 4,376 15,005 Interest on Treasury Securities 1 2,201 35,329 Justice Department programs 40 893 3,960 Labor Dept. prgms (excl. unemployment) 69 731 3,289 Medicaid 1,184 14,106 57,793 Medicare 1,257 29,850 114,563 NASA programs 40 952 3,395 Postal Service Money Orders and Other 136 2,350 9,372 Public Debt Cash Redemp. (Table III-B) 159,689 404,655 1,631,417 Social Security Benefits (EFT) 51 39,021 132,496 Temporary Assistance for Needy Families (HHS) 34 1,431 4,567 Transportation Security Admin. (DHS) 1 96 448 Unemployment Insurance Benefits 537 8,676 32,137 Veterans Affairs programs 119 1,822 7,241 Other Withdrawals: Emergency Prep & Response (DHS) 51 473 2,347 Federal Crop Ins. Corp. 64 238 1,289 Federal Transit Admin. 60 678 2,640 Interior 92 683 2,321 IRS Tax Refunds Business (EFT) 116 1,319 14,299 National Highway Traffic Safety Admin 13 91 309 Prepayment of Treasury Securities 167 478 2,372 TARP 25 401 4,820 Unclassified 984 28,124 109,406 Total, Other Withdrawals 1,572 61,144 227,466 Transfers to Depositaries 0 0 903 Total Federal Reserve Account 170,078 630,827 2,528,809 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 2,217 94,456 283,518 Total Withdrawals (excluding transfers) 170,078 630,827 2,527,906 Net Change in Operating Cash Balance -42,853 -10,012 -169,080 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday December 17, 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 121,941 312,641 1,191,301 Cash Management Series 0 27,000 77,001 Notes 0 61,330 448,310 Bonds 0 13,070 43,147 Inflation-Protected Securities Increment 17 293 2,040 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 12 185 540 Interest Increment 0 333 1,160 Government Account Series 186,575 2,372,867 9,928,743 Hope Bonds 0 0 0 Domestic Series 0 0 9 Foreign Series 0 0 0 State and Local Series 508 3,461 19,209 Other 623 7,175 29,180 Total Issues 309,676 2,798,355 11,740,642 (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 158,937 373,651 1,444,321 Notes 0 15,003 121,943 Bonds 0 0 5,016 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 52 665 2,501 Government Account Series 181,362 2,409,048 9,921,832 Hope Bonds 0 0 0 Domestic Series 0 0 9 Foreign Series 0 0 500 State and Local Series 92 8,165 27,509 Other 608 7,172 29,142 Total Redemptions 341,050 2,813,704 11,552,772 Net Change in Public Debt Outstanding -31,374 -15,349 187,870 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday December 17, 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) 309,676 2,798,355 11,740,642 Premium on New Issues 0 0 2,105 Discount on New Issues: Bills (-) 140 201 742 Bonds and Notes (-) 0 555 1,576 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 186,575 2,372,867 9,928,743 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 333 1,160 Inflation-Protected Securities Increment 17 293 1,830 Total Public Debt Cash Issues Deposited in Federal Reserve Account 122,944 424,106 1,808,695 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 341,050 2,813,704 11,552,772 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 (-) 181,362 2,409,048 9,921,355 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 159,689 404,655 1,631,417 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday December 17, 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/$ 7,732,874 $ 7,769,367 $ 7,712,387 $ 7,551,862 Intragovernmental Holdings 4,364,825 4,359,706 4,400,660 4,357,967 Total Public Debt Outstanding 12,097,699 12,129,073 12,113,048 11,909,829 Less: Debt Not Subject to Limit: Other Debt 489 489 489 489 Unamortized Discount 42,680 42,558 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 12,042,131 12,073,627 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 Thursday December 17, 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 $ 2,736 $ 82,519 $ 334,923 Individual Income Taxes 16 309 1,077 Railroad Retirement Taxes 4 205 910 Excise Taxes 7 2,829 13,053 Corporation Income Taxes 434 43,587 54,827 Federal Unemployment Taxes 1 22 636 Estate and Gift Taxes & Misc IRS Rcpts. 1 44 147 Change in Balance of Unclassified Taxes 95 907 947 Total 3,294 130,421 406,520 These Receipts were deposited in: Federal Reserve Account: Directly 64 1,489 8,180 Collector Depositaries 706 30,812 99,888 Tax and Loan Accounts 2,326 94,486 282,611 Inter-agency Transfers 198 3,635 15,842 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 24 $ 205 $ 1,652 $ 1,882 Deposits: Taxes Received (Table IV) 3 27 2,296 2,326 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 0 748 748 Depositary Initiated 1 13 1,455 1,468 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 27 219 1,746 1,992 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday December 17, 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 $ 53 $ 1,273 $ 28,688 Business 321 3,328 27,803 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.