1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday December 22, 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 $ 90,674 $ 93,949 $ 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) 1,935 1,952 1,962 1,996 Total Operating Balance 107,609 110,901 116,197 275,265 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday December 22, 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) 26 472 1,819 Air Transport Security Fees 1 13 401 Commodity Credit Corporation programs 22 376 1,204 Customs and Certain Excise Taxes 1,102 2,128 7,350 Deposits by States: Supplemental Security Income 2 5 673 Unemployment 11 322 4,763 Education Department programs 25 1,167 5,458 Energy Department programs 41 298 1,435 Estate and Gift Taxes 65 1,068 3,871 Federal Reserve Earnings 0 4,624 16,755 Foreign Deposits, Military Sales 19 1,991 4,884 FTD's Received (Table IV) 768 38,020 113,787 Housing and Urban Development programs 81 159 507 Individual Income and Employment Taxes, Not Withheld 460 4,366 20,028 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 17 1,254 2,750 Postal Service 483 6,638 21,730 Public Debt Cash Issues (Table III-B) 2,882 428,963 1,813,552 Other Deposits: Deposit Insurance Fund 343 346 2,178 Medicare Premiums 124 1,314 4,888 Total Other Deposits 467 52,564 73,344 Change in Balance of Uncollected Funds (closing balance $ -1) 4 1 2 Transfers from Depositaries 1,871 111,031 300,093 Total Federal Reserve Account 8,348 655,460 2,394,408 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,855 111,004 299,129 Transfers from Federal Reserve Account (Table V) 0 0 903 Total Tax and Loan Note Accounts (Table V) 1,855 111,004 300,032 Total Deposits (excluding transfers) 8,331 655,433 2,393,444 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday December 22, 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 132 2,104 9,964 Defense Vendor Payments (EFT) 2,382 29,086 89,920 Education Department programs 961 9,510 43,508 Energy Department programs 134 2,159 7,953 Federal Employees Insurance Payments 288 3,665 13,731 Fed. Highway Administration programs 161 2,690 10,923 Federal Salaries (EFT) 104 8,923 39,430 Food and Nutrition Service (misc) 256 6,194 20,352 Food Stamps 11 346 1,168 GSA programs 66 898 4,174 Health and Human Services Grants (misc) 290 6,204 21,563 Housing and Urban Development programs 101 4,876 15,505 Interest on Treasury Securities 2 2,206 35,333 Justice Department programs 20 1,097 4,164 Labor Dept. prgms (excl. unemployment) 48 971 3,528 Medicaid 1,139 16,489 60,176 Medicare 1,484 34,159 118,872 NASA programs 48 1,183 3,627 Postal Service Money Orders and Other 111 2,740 9,762 Public Debt Cash Redemp. (Table III-B) 577 406,664 1,633,425 Social Security Benefits (EFT) 111 39,218 132,694 Temporary Assistance for Needy Families (HHS) 46 1,536 4,673 Transportation Security Admin. (DHS) 2 114 466 Unemployment Insurance Benefits 924 10,672 34,134 Veterans Affairs programs 79 2,220 7,639 Other Withdrawals: Agriculture Loan Payments (misc) 51 548 1,866 Deposit Insurance Fund 90 4,079 7,095 Federal Financing Bank 302 615 2,040 Interior 74 944 2,581 International Monetary Fund 271 323 539 IRS Tax Refunds Business (EFT) 56 2,418 15,398 National Highway Traffic Safety Admin 14 122 340 TARP 172 648 5,066 Unclassified 1,116 31,383 112,665 Total, Other Withdrawals 2,147 68,095 234,417 Transfers to Depositaries 0 0 903 Total Federal Reserve Account 11,622 664,020 2,562,003 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 1,871 111,031 300,093 Total Withdrawals (excluding transfers) 11,622 664,020 2,561,100 Net Change in Operating Cash Balance -3,291 -8,588 -167,656 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday December 22, 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 0 312,640 1,191,301 Cash Management Series 0 27,000 77,001 Notes 0 61,329 448,310 Bonds 0 13,070 43,147 Inflation-Protected Securities Increment 18 382 2,129 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 13 225 580 Interest Increment 0 333 1,161 Government Account Series 173,111 2,906,970 10,462,846 Hope Bonds 0 0 0 Domestic Series 0 0 9 Foreign Series 0 0 0 State and Local Series 2,326 6,648 22,395 Other 543 8,807 30,812 Total Issues 176,011 3,337,405 12,279,691 (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 0 373,651 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 27 828 2,664 Government Account Series 179,605 2,948,716 10,461,499 Hope Bonds 0 0 0 Domestic Series 0 0 9 Foreign Series 0 0 500 State and Local Series 4 8,374 27,718 Other 545 8,808 30,778 Total Redemptions 180,182 3,355,380 12,094,448 Net Change in Public Debt Outstanding -4,170 -17,975 185,244 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday December 22, 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) 176,011 3,337,405 12,279,691 Premium on New Issues 0 0 2,105 Discount on New Issues: Bills (-) 0 201 742 Bonds and Notes (-) 0 555 1,576 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 173,111 2,906,970 10,462,846 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 333 1,161 Inflation-Protected Securities Increment 18 382 1,919 Total Public Debt Cash Issues Deposited in Federal Reserve Account 2,882 428,963 1,813,552 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 180,182 3,355,380 12,094,448 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 (-) 179,605 2,948,716 10,461,023 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 577 406,664 1,633,425 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday December 22, 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/$ 7,736,047 $ 7,733,429 $ 7,712,387 $ 7,551,862 Intragovernmental Holdings 4,359,025 4,365,814 4,400,660 4,357,967 Total Public Debt Outstanding 12,095,073 12,099,243 12,113,048 11,909,829 Less: Debt Not Subject to Limit: Other Debt 489 489 489 489 Unamortized Discount 42,592 42,610 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 12,039,592 12,043,745 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 Tuesday December 22, 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 $ 2,741 $ 105,187 $ 357,591 Individual Income Taxes 13 360 1,127 Railroad Retirement Taxes 2 247 951 Excise Taxes 18 2,880 13,104 Corporation Income Taxes 216 43,952 55,193 Federal Unemployment Taxes 2 30 644 Estate and Gift Taxes & Misc IRS Rcpts. 14 69 172 Change in Balance of Unclassified Taxes -249 531 571 Total 2,756 153,255 429,354 These Receipts were deposited in: Federal Reserve Account: Directly 60 1,727 8,418 Collector Depositaries 709 36,293 105,369 Tax and Loan Accounts 1,855 111,004 299,129 Inter-agency Transfers 133 4,231 16,438 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 34 $ 275 $ 1,642 $ 1,952 Deposits: Taxes Received (Table IV) 4 39 1,812 1,855 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 34 275 446 755 Depositary Initiated 0 8 1,107 1,116 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 3 31 1,901 1,935 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday December 22, 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 $ 22 $ 1,979 $ 29,394 Business 367 5,028 29,503 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.