1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday December 24, 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 $ 112,096 $ 119,439 $ 99,236 $ 108,324 Financial Institution Account 0 0 0 0 Supplementary Financing Program 15,000 15,000 14,999 164,945 Tax and Loan Note Accounts (Table V) 1,949 1,992 1,962 1,996 Total Operating Balance 129,045 136,430 116,197 275,265 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday December 24, 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) 14 572 1,919 Air Transport Security Fees 1 19 407 Commodity Credit Corporation programs 24 442 1,270 Customs and Certain Excise Taxes 47 2,229 7,451 Deposits by States: Supplemental Security Income 0 5 673 Unemployment 8 344 4,784 Education Department programs 38 1,258 5,549 Energy Department programs 21 412 1,549 Estate and Gift Taxes 179 1,268 4,072 Federal Reserve Earnings 0 5,881 18,012 Foreign Deposits, Military Sales 7 2,017 4,911 FTD's Received (Table IV) 1,718 43,298 119,065 Housing and Urban Development programs 1 161 509 Individual Income and Employment Taxes, Not Withheld 547 5,569 21,232 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 5 1,310 2,806 Postal Service 346 7,341 22,434 Public Debt Cash Issues (Table III-B) 93,484 523,131 1,907,720 Other Deposits: Medicare Premiums 177 1,630 5,204 Prepayment of Treasury Securities 145 640 2,527 Thrift Savings Plan Transfer 61 296 1,215 Total Other Deposits 383 99,035 119,816 Change in Balance of Uncollected Funds (closing balance $0) -2 1 2 Transfers from Depositaries 5,860 121,479 310,542 Total Federal Reserve Account 102,682 815,772 2,554,721 Tax and Loan Note Accounts: FTD's Received (Table IV) 5,817 121,466 309,592 Transfers from Federal Reserve Account (Table V) 0 0 903 Total Tax and Loan Note Accounts (Table V) 5,817 121,466 310,495 Total Deposits (excluding transfers) 102,639 815,759 2,553,770 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday December 24, 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 163 2,644 10,503 Defense Vendor Payments (EFT) 2,325 33,215 94,049 Education Department programs 1,427 11,328 45,326 Energy Department programs 188 2,527 8,320 Federal Employees Insurance Payments 578 4,592 14,658 Fed. Highway Administration programs 40 3,049 11,283 Federal Salaries (EFT) 3,007 12,026 42,532 Food and Nutrition Service (misc) 238 6,698 20,856 Food Stamps 19 388 1,210 GSA programs 14 1,001 4,277 Health and Human Services Grants (misc) 447 7,174 22,532 Housing and Urban Development programs 281 5,292 15,921 Interest on Treasury Securities 1 2,208 35,336 Justice Department programs 54 1,185 4,252 Labor Dept. prgms (excl. unemployment) 98 1,155 3,712 Medicaid 1,042 18,693 62,380 Medicare 1,365 37,341 122,054 NASA programs 200 1,556 4,000 Postal Service Money Orders and Other 145 2,986 10,009 Public Debt Cash Redemp. (Table III-B) 95,494 502,782 1,729,543 Social Security Benefits (EFT) -2 47,385 140,861 Temporary Assistance for Needy Families (HHS) 66 1,668 4,805 Transportation Security Admin. (DHS) 5 134 487 Unemployment Insurance Benefits 540 12,086 35,547 Veterans Affairs programs 104 2,439 7,857 Other Withdrawals: Federal Transit Admin. 74 1,075 3,036 Interior 61 1,061 2,699 IRS Tax Refunds Business (EFT) 126 2,711 15,691 National Highway Traffic Safety Admin 14 143 361 Prepayment of Treasury Securities 150 632 2,525 TARP 96 796 5,214 Thrift Savings Plan Transfer 169 1,694 5,040 Unclassified 1,497 35,213 116,494 Total, Other Withdrawals 2,186 81,358 247,681 Transfers to Depositaries 0 0 903 Total Federal Reserve Account 110,024 802,911 2,700,894 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 5,860 121,479 310,542 Total Withdrawals (excluding transfers) 110,024 802,911 2,699,991 Net Change in Operating Cash Balance -7,385 12,848 -146,220 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday December 24, 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 92,795 405,435 1,284,096 Cash Management Series 0 27,000 77,001 Notes 0 61,329 448,310 Bonds 0 13,070 43,147 Inflation-Protected Securities Increment 17 417 2,164 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 18 258 614 Interest Increment 0 334 1,161 Government Account Series 186,731 3,276,080 10,831,956 Hope Bonds 0 0 0 Domestic Series 0 0 9 Foreign Series 0 0 0 State and Local Series 36 6,811 22,559 Other 667 10,015 32,020 Total Issues 280,265 3,800,749 12,743,036 (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 94,790 468,441 1,539,111 Notes 0 15,003 121,943 Bonds 0 0 5,016 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 54 931 2,767 Government Account Series 186,102 3,309,742 10,822,526 Hope Bonds 0 0 0 Domestic Series 0 0 9 Foreign Series 0 0 500 State and Local Series 12 8,394 27,739 Other 638 10,013 31,983 Total Redemptions 281,595 3,812,524 12,551,592 Net Change in Public Debt Outstanding -1,331 -11,775 191,444 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday December 24, 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) 280,265 3,800,749 12,743,036 Premium on New Issues 0 0 2,105 Discount on New Issues: Bills (-) 32 233 774 Bonds and Notes (-) 0 555 1,576 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 186,731 3,276,080 10,831,956 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 334 1,161 Inflation-Protected Securities Increment 17 417 1,953 Total Public Debt Cash Issues Deposited in Federal Reserve Account 93,484 523,131 1,907,720 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 281,595 3,812,524 12,551,592 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 (-) 186,102 3,309,742 10,822,049 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 95,494 502,782 1,729,543 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday December 24, 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/$ 7,734,528 $ 7,736,507 $ 7,712,387 $ 7,551,862 Intragovernmental Holdings 4,366,745 4,366,097 4,400,660 4,357,967 Total Public Debt Outstanding 12,101,273 12,102,603 12,113,048 11,909,829 Less: Debt Not Subject to Limit: Other Debt 489 489 489 489 Unamortized Discount 42,590 42,575 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 24 14 14 14 Total Public Debt Subject to Limit 12,045,805 12,047,140 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 iss ued to raise cash for the temporary Supplementary Financing Program (www.tr eas.gov/press/releases/hp1144.htm). 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Thursday December 24, 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 $ 7,485 $ 120,770 $ 373,175 Individual Income Taxes 15 386 1,153 Railroad Retirement Taxes 11 290 995 Excise Taxes 262 3,189 13,413 Corporation Income Taxes 321 44,448 55,689 Federal Unemployment Taxes 2 35 649 Estate and Gift Taxes & Misc IRS Rcpts. -6 82 184 Change in Balance of Unclassified Taxes 38 394 434 Total 8,127 169,593 445,692 These Receipts were deposited in: Federal Reserve Account: Directly 231 2,038 8,729 Collector Depositaries 1,486 41,260 110,336 Tax and Loan Accounts 5,817 121,466 309,592 Inter-agency Transfers 592 4,829 17,035 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 9 $ 89 $ 1,893 $ 1,992 Deposits: Taxes Received (Table IV) 4 58 5,756 5,817 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 0 813 813 Depositary Initiated 1 20 5,026 5,047 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 13 127 1,810 1,949 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday December 24, 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 $ 58 $ 2,064 $ 29,479 Business 210 5,477 29,952 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.