1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday February 25, 2010 (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 $ 21,000 $ 12,922 $ 84,536 $ 108,324 Financial Institution Account 0 0 0 0 Supplementary Financing Program 24,997 5,000 5,001 164,945 Tax and Loan Note Accounts (Table V) 1,954 1,991 1,973 1,996 Total Operating Balance 47,951 19,913 91,510 275,265 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday February 25, 2010 (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) 15 437 3,291 Air Transport Security Fees 3 33 734 Commodity Credit Corporation programs 56 777 2,966 Customs and Certain Excise Taxes 51 2,291 12,507 Deposits by States: Supplemental Security Income 1 7 1,320 Unemployment 23 2,557 8,318 Education Department programs 83 2,814 10,449 Energy Department programs 57 485 2,790 Estate and Gift Taxes 80 1,067 6,871 Federal Reserve Earnings 0 5,760 30,288 Foreign Deposits, Military Sales 6 1,810 8,112 FTD's Received (Table IV) 765 40,967 217,119 Housing and Urban Development programs 2 198 983 Individual Income and Employment Taxes, Not Withheld 159 4,002 78,303 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 8 539 3,693 Postal Service 317 6,837 37,661 Public Debt Cash Issues (Table III-B) 117,199 609,260 3,123,894 Other Deposits: Medicare Premiums 229 1,679 9,044 Minerals Management Svc/Collections 63 428 2,709 Pension Benefit Guaranty Corp. 146 455 2,233 Prepayment of Treasury Securities 149 904 4,358 Total Other Deposits 587 16,732 201,532 Change in Balance of Uncollected Funds (closing balance $ -2) 1 0 3 Transfers from Depositaries 1,738 103,677 544,101 Total Federal Reserve Account 121,150 800,252 4,294,936 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,701 103,658 543,156 Transfers from Federal Reserve Account (Table V) 0 0 903 Total Tax and Loan Note Accounts (Table V) 1,701 103,658 544,059 Total Deposits (excluding transfers) 121,113 800,233 4,293,991 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday February 25, 2010 (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 36 811 13,825 Defense Vendor Payments (EFT) 1,645 26,771 155,720 Education Department programs 654 20,939 97,530 Energy Department programs 249 2,366 13,818 Federal Employees Insurance Payments 501 4,484 24,980 Fed. Highway Administration programs 86 1,982 16,127 Federal Salaries (EFT) 772 13,146 71,806 Food and Nutrition Service (misc) 175 6,698 35,413 Food Stamps 8 354 2,109 GSA programs 103 1,337 7,340 Health and Human Services Grants (misc) 565 7,434 39,631 Housing and Urban Development programs 187 5,349 27,421 Interest on Treasury Securities 1 32,122 78,692 Justice Department programs 82 1,198 6,955 Labor Dept. prgms (excl. unemployment) 88 1,143 6,212 Medicaid 1,936 19,860 107,179 Medicare 1,215 38,425 204,938 NASA programs 25 1,192 6,479 Postal Service Money Orders and Other 120 3,044 17,252 Public Debt Cash Redemp. (Table III-B) 82,203 441,901 2,756,371 Social Security Benefits (EFT) 2 47,181 235,034 Temporary Assistance for Needy Families (HHS) 265 1,353 8,119 Transportation Security Admin. (DHS) 7 144 846 Unemployment Insurance Benefits 500 13,531 66,572 Veterans Affairs programs 125 2,554 13,573 Other Withdrawals: Federal Financing Bank 107 349 2,988 Interior 84 973 4,958 IRS Tax Refunds Business (EFT) 155 6,617 26,763 IRS Tax Refunds Individual (EFT) 816 85,558 106,451 Minerals Management Service 561 633 1,299 National Highway Traffic Safety Admin 4 64 530 Prepayment of Treasury Securities 160 901 4,355 Small Business Administration 85 764 2,367 TARP 75 3,385 14,371 Treasury Department programs 65 65 1,233 Unclassified -588 22,189 163,823 Total, Other Withdrawals 1,523 148,471 507,362 Transfers to Depositaries 0 0 903 Total Federal Reserve Account 93,075 843,792 4,522,208 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 1,738 103,677 544,101 Total Withdrawals (excluding transfers) 93,075 843,792 4,521,305 Net Change in Operating Cash Balance 28,038 -43,559 -227,314 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday February 25, 2010 (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 91,293 355,445 2,012,242 Cash Management Series 25,001 30,001 112,003 Notes 0 192,227 835,794 Bonds 0 17,797 74,449 Inflation-Protected Securities Increment -36 -802 1,865 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 9 193 1,312 Interest Increment 0 386 1,958 Government Account Series 238,801 4,179,127 20,329,956 Hope Bonds 0 0 0 Domestic Series 0 0 25 Foreign Series 0 0 1,500 State and Local Series 268 3,346 32,721 Other 666 11,143 56,789 Total Issues 356,003 4,788,864 23,460,615 (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 81,289 338,443 2,380,298 Notes 0 84,360 262,356 Bonds 0 0 5,017 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 42 791 5,033 Government Account Series 241,920 4,191,937 20,180,888 Hope Bonds 0 0 0 Domestic Series 0 0 25 Foreign Series 0 0 1,000 State and Local Series 5 6,889 45,093 Other 867 11,418 57,073 Total Redemptions 324,123 4,633,838 22,936,782 Net Change in Public Debt Outstanding 31,880 155,026 523,833 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday February 25, 2010 (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) 356,003 4,788,864 23,460,615 Premium on New Issues 0 0 2,105 Discount on New Issues: Bills (-) 39 216 1,206 Bonds and Notes (-) 0 676 4,051 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 238,801 4,179,127 20,329,956 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 386 1,958 Inflation-Protected Securities Increment -36 -802 1,655 Total Public Debt Cash Issues Deposited in Federal Reserve Account 117,199 609,260 3,123,894 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 324,123 4,633,838 22,936,782 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 (-) 241,920 4,191,937 20,180,412 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 82,203 441,901 2,756,371 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday February 25, 2010 (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/$ 7,928,696 $ 7,893,872 $ 7,759,490 $ 7,551,862 Intragovernmental Holdings 4,504,965 4,507,909 4,519,146 4,357,967 Total Public Debt Outstanding 12,433,662 12,401,781 12,278,636 11,909,829 Less: Debt Not Subject to Limit: Other Debt 489 489 489 489 Unamortized Discount 43,476 43,453 43,263 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 37 37 37 14 Total Public Debt Subject to Limit 12,377,320 12,345,462 12,222,507 11,853,434 Statutory Debt Limit 14,294,000 14,294,000 12,394,000 12,104,000 Act of February 12, 2010, permanently increased the statutory debt limit to $14,294 billion. Unamortized Discount represents the discount adjustment on Treasury bills and zero-coupon bonds (amortization is calculated daily). 1/The current balance includes $24,997 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 February 25, 2010 (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 $ 2,209 $ 131,922 $ 679,632 Individual Income Taxes 19 337 3,341 Railroad Retirement Taxes 17 435 1,865 Excise Taxes 445 3,175 24,561 Corporation Income Taxes 30 14,241 79,481 Federal Unemployment Taxes 2 779 1,841 Estate and Gift Taxes & Misc IRS Rcpts. 6 79 316 Change in Balance of Unclassified Taxes -29 26 63 Total 2,699 150,992 791,101 These Receipts were deposited in: Federal Reserve Account: Directly 44 2,789 15,812 Collector Depositaries 721 38,178 201,307 Tax and Loan Accounts 1,701 103,658 543,156 Inter-agency Transfers 233 6,367 30,826 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 6 $ 57 $ 1,927 $ 1,991 Deposits: Taxes Received (Table IV) 2 19 1,680 1,701 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 0 529 529 Depositary Initiated 0 4 1,205 1,209 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 8 72 1,874 1,954 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday February 25, 2010 (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 $ 1,142 $ 92,690 $ 139,455 Business 217 9,881 46,865 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.