1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday December 31, 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 $ 186,632 $ 149,819 $ 99,236 $ 108,324 Financial Institution Accoun 0 0 0 0 Supplementary Financing Prog 5,001 5,001 14,999 164,945 Tax and Loan Note Accounts (Table V) 1,962 1,715 1,962 1,996 Total Operating Balance 193,595 156,535 116,197 275,265 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday December 31, 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) 167 844 2,191 Air Transport Security Fees 130 162 550 Commodity Credit Corporation programs 42 598 1,426 Customs and Certain Excise Taxes 47 2,511 7,733 Deposits by States: Supplemental Security Income 5 326 995 Unemployment 18 404 4,844 Education Department programs 125 1,592 5,883 Energy Department programs 34 537 1,674 Estate and Gift Taxes 99 1,522 4,325 Federal Reserve Earnings 0 7,132 19,263 Foreign Deposits, Military Sales 6 2,154 5,048 FTD's Received (Table IV) 2,897 54,317 130,084 Housing and Urban Development programs 7 278 626 Individual Income and Employment Taxes, Not Withheld 330 7,487 23,150 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 7 1,397 2,893 Postal Service 325 8,599 23,691 Public Debt Cash Issues (Table III-B) 208,096 741,099 2,125,688 Other Deposits: Federal Finance Bank 366 400 427 Federal Housing Admin: Note Sales 56 1,324 3,893 GSE Dividends 2,443 2,443 2,443 Medicare Premiums 153 1,861 5,435 Minerals Management Svc/Collections 320 619 1,885 Natl Railroad Retirement Inv Trust 223 441 738 Prepayment of Treasury Securities 168 822 2,709 TARP 43 93,848 96,803 Thrift Savings Plan Transfer 95 438 1,357 Total Other Deposits 3,868 153,206 173,987 Change in Balance of Uncollected Funds (closing balance $ -2) 0 2 3 Transfers from Depositaries 6,990 147,388 336,451 Total Federal Reserve Account 223,192 1,131,554 2,870,503 Tax and Loan Note Accounts: FTD's Received (Table IV) 7,237 147,388 335,513 Transfers from Federal Reserve Account (Table V) 0 0 903 Total Tax and Loan Note Accounts (Table V) 7,237 147,388 336,416 Total Deposits (excluding transfers) 223,439 1,131,553 2,869,565 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday December 31, 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 100 3,017 10,877 Defense Vendor Payments (EFT) 1,678 40,483 101,317 Education Department programs 507 13,928 47,926 Energy Department programs 287 3,104 8,898 Federal Employees Insurance Payments 234 5,394 15,459 Fed. Highway Administration programs 181 3,775 12,008 Federal Salaries (EFT) 1,030 15,042 45,549 Food and Nutrition Service (misc) 164 7,619 21,776 Food Stamps 18 449 1,271 GSA programs 21 1,289 4,565 Health and Human Services Grants (misc) 439 8,715 24,074 Housing and Urban Development programs 158 7,418 18,047 Interest on Treasury Securities 4,362 6,587 39,714 Justice Department programs 3 1,563 4,630 Labor Dept. prgms (excl. unemployment) 76 1,514 4,071 Medicaid 1,404 22,660 66,347 Medicare 1,294 43,834 128,547 NASA programs 0 1,858 4,302 Postal Service Money Orders and Other 359 3,868 10,890 Public Debt Cash Redemp. (Table III-B) 124,646 644,575 1,871,336 Social Security Benefits (EFT) 22,032 69,453 162,929 Temporary Assistance for Needy Families (HHS) 48 2,062 5,199 Transportation Security Admin. (DHS) 0 171 523 Unemployment Insurance Benefits 552 15,203 38,664 Veterans Affairs programs 212 3,068 8,487 Other Withdrawals: Agency for Internat'l Development 61 909 2,943 Centers for Disease Control 85 491 1,297 Federal Transit Admin. 102 1,431 3,393 GSE Investment 15,000 15,000 15,000 IRS Tax Refunds Business (EFT) 70 2,867 15,846 Military Active Duty Pay (EFT) 3,826 10,514 24,008 National Highway Traffic Safety Admin 9 186 404 Pension Benefit Guaranty Corp. 439 479 1,263 Prepayment of Treasury Securities 188 821 2,714 State Department 51 1,240 2,289 Supple. Security Income Benefits (EFT) 2,447 5,049 10,211 Veterans Benefits (EFT) 3,143 6,470 13,054 Unclassified 1,154 40,501 121,782 Total, Other Withdrawals 26,575 127,508 293,830 Transfers to Depositaries 0 0 903 Total Federal Reserve Account 186,379 1,054,156 2,952,139 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 6,990 147,388 336,451 Total Withdrawals (excluding transfers) 186,379 1,054,156 2,951,235 Net Change in Operating Cash Balance 37,060 77,398 -81,671 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday December 31, 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 86,283 491,713 1,370,374 Cash Management Series 0 32,001 82,002 Notes 121,503 182,832 569,812 Bonds 0 13,070 43,147 Inflation-Protected Securities Increment 17 541 2,288 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 14 313 668 Interest Increment 0 335 1,162 Government Account Series 316,766 4,201,137 11,757,014 Hope Bonds 0 0 0 Domestic Series 0 0 9 Foreign Series 0 0 0 State and Local Series 22 9,976 25,724 Other 666 12,372 34,377 Total Issues 525,271 4,944,291 13,886,577 (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 97,292 580,733 1,651,403 Notes 26,497 41,500 148,440 Bonds 0 1 5,016 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 62 1,149 2,984 Government Account Series 234,168 4,101,414 11,614,198 Hope Bonds 0 0 0 Domestic Series 0 0 9 Foreign Series 0 0 500 State and Local Series 129 8,730 28,074 Other 665 12,462 34,432 Total Redemptions 358,814 4,745,989 13,485,057 Net Change in Public Debt Outstanding 166,457 198,302 401,521 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday December 31, 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) 525,271 4,944,291 13,886,577 Premium on New Issues 0 0 2,105 Discount on New Issues: Bills (-) 37 270 811 Bonds and Notes (-) 354 909 1,930 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 316,766 4,201,137 11,757,014 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 335 1,162 Inflation-Protected Securities Increment 17 541 2,077 Total Public Debt Cash Issues Deposited in Federal Reserve Account 208,096 741,099 2,125,688 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 358,814 4,745,989 13,485,057 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 (-) 234,168 4,101,414 11,613,721 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 124,646 644,575 1,871,336 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday December 31, 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/$ 7,811,009 $ 7,727,178 $ 7,712,387 $ 7,551,862 Intragovernmental Holdings 4,500,341 4,417,716 4,400,660 4,357,967 Total Public Debt Outstanding 12,311,350 12,144,893 12,113,048 11,909,829 Less: Debt Not Subject to Limit: Other Debt 489 489 489 489 Unamortized Discount 43,941 42,486 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 24 14 14 Total Public Debt Subject to Limit 12,254,530 12,089,528 12,057,363 11,853,434 Statutory Debt Limit 12,394,000 12,394,000 12,104,000 12,104,000 Act of December 28, 2009, permanently increased the statutory debt limit to $12,394 billion. Unamortized Discount represents the discount adjustment on Treasury bills and zero-coupon bonds (amortization is calculated daily). 1/The current balance includes $5,001 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 31, 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 $ 9,774 $ 154,923 $ 407,327 Individual Income Taxes 37 537 1,305 Railroad Retirement Taxes 42 378 1,082 Excise Taxes 10 5,712 15,937 Corporation Income Taxes 331 45,926 57,167 Federal Unemployment Taxes 6 53 667 Estate and Gift Taxes & Misc IRS Rcpts. 13 100 203 Change in Balance of Unclassified Taxes 164 385 425 Total 10,376 208,015 484,114 These Receipts were deposited in: Federal Reserve Account: Directly 49 3,250 9,941 Collector Depositaries 2,848 51,067 120,143 Tax and Loan Accounts 7,237 147,388 335,513 Inter-agency Transfers 243 6,310 18,517 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 6 $ 63 $ 1,647 $ 1,715 Deposits: Taxes Received (Table IV) 6 88 7,142 7,237 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 0 820 820 Depositary Initiated 1 23 6,146 6,170 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 11 128 1,823 1,962 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday December 31, 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 $ r/ 2 2/$ 2,703 2/$ 30,118 Business 71 6,107 30,582 2/Does not include $18 million offset by FMS for the month of December 2009, and $141 million for the fiscal year-to-date for Treasury Offset Program against Tax Refunds issued. r/Revised 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.