1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday March 10, 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 $ 23,292 $ 31,866 $ 14,779 $ 108,324 Financial Institution Account 0 0 0 0 Supplementary Financing Program 49,993 49,993 24,997 164,945 Tax and Loan Note Accounts (Table V) 1,960 1,970 2,012 1,996 Total Operating Balance 75,244 83,829 41,788 275,265 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday March 10, 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) 10 182 3,593 Air Transport Security Fees 0 8 902 Commodity Credit Corporation programs 39 403 3,434 Customs and Certain Excise Taxes 112 533 13,094 Deposits by States: Supplemental Security Income 0 61 1,639 Unemployment 105 290 8,666 Education Department programs 106 1,094 11,812 Energy Department programs 18 175 3,021 Estate and Gift Taxes 94 487 7,409 Federal Reserve Earnings 1,793 3,900 34,188 Foreign Deposits, Military Sales 33 850 8,971 FTD's Received (Table IV) 3,125 19,244 239,131 Housing and Urban Development programs 3 42 1,065 Individual Income and Employment Taxes, Not Withheld 406 4,134 82,663 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 8 87 3,789 Postal Service 317 3,251 41,230 Public Debt Cash Issues (Table III-B) 1,107 241,593 3,373,944 Other Deposits: Deposit Insurance Fund 500 501 52,777 Federal Housing Admin: Note Sales 68 703 6,674 Securities and Exchange Commission 69 77 318 TARP 45 2,063 108,194 Total Other Deposits 682 4,690 206,682 Change in Balance of Uncollected Funds (closing balance $ -2) 5 2 4 Transfers from Depositaries 3,365 51,465 601,482 Total Federal Reserve Account 11,328 332,492 4,646,720 Tax and Loan Note Accounts: FTD's Received (Table IV) 3,354 51,413 600,542 Transfers from Federal Reserve Account (Table V) 0 0 903 Total Tax and Loan Note Accounts (Table V) 3,354 51,413 601,445 Total Deposits (excluding transfers) 11,317 332,440 4,645,780 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday March 10, 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 88 377 14,226 Defense Vendor Payments (EFT) 1,508 12,251 169,927 Education Department programs 820 5,947 104,150 Energy Department programs 79 913 15,016 Federal Employees Insurance Payments 418 2,017 27,274 Fed. Highway Administration programs 85 912 17,100 Federal Salaries (EFT) 142 6,024 77,930 Food and Nutrition Service (misc) 362 3,092 38,726 Food Stamps 13 144 2,272 GSA programs 31 816 8,177 Health and Human Services Grants (misc) 362 3,008 43,402 Housing and Urban Development programs 185 3,964 31,546 Interest on Treasury Securities 1 5,092 83,785 Justice Department programs 44 495 7,468 Labor Dept. prgms (excl. unemployment) 46 447 6,735 Medicaid 1,199 9,014 116,648 Medicare 1,270 23,261 229,577 NASA programs 21 634 7,113 Postal Service Money Orders and Other 140 1,534 19,103 Public Debt Cash Redemp. (Table III-B) 640 117,076 2,874,105 Social Security Benefits (EFT) 8,238 30,662 265,710 Temporary Assistance for Needy Families (HHS) 19 429 8,594 Transportation Security Admin. (DHS) 17 84 957 Unemployment Insurance Benefits 837 6,084 73,083 Veterans Affairs programs 99 1,369 15,065 Other Withdrawals: Deposit Insurance Fund 124 765 13,057 Emergency Prep & Response (DHS) 90 433 4,415 Federal Crop Ins. Corp. 199 2,591 5,050 Federal Railroad Admin. 51 61 1,081 Interior 56 349 5,358 IRS Tax Refunds Business (EFT) 138 3,049 30,842 IRS Tax Refunds Individual (EFT) 546 17,711 137,819 Thrift Savings Plan Transfer 195 1,207 9,506 Unclassified 1,842 16,738 181,554 Total, Other Withdrawals 3,240 63,338 588,114 Transfers to Depositaries 0 0 903 Total Federal Reserve Account 19,902 298,984 4,846,704 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 3,365 51,465 601,482 Total Withdrawals (excluding transfers) 19,902 298,984 4,845,801 Net Change in Operating Cash Balance -8,585 33,456 -200,021 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday March 10, 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 0 87,423 2,099,665 Cash Management Series 0 25,000 137,004 Notes 0 120,901 956,695 Bonds 0 0 82,449 Inflation-Protected Securities Increment 62 446 2,276 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 6 101 1,424 Interest Increment 0 377 2,336 Government Account Series 228,789 1,866,053 22,428,931 Hope Bonds 0 0 0 Domestic Series 0 0 25 Foreign Series 0 0 1,500 State and Local Series 535 3,841 36,643 Other 565 4,585 61,926 Total Issues 229,958 2,108,728 25,810,875 (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 78,423 2,458,721 Notes 0 28,900 291,256 Bonds 0 0 5,017 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 39 341 5,415 Government Account Series 237,632 1,887,331 22,302,687 Hope Bonds 0 0 0 Domestic Series 0 0 25 Foreign Series 0 500 1,500 State and Local Series 35 4,342 49,498 Other 565 4,570 62,196 Total Redemptions 238,272 2,004,407 25,176,315 Net Change in Public Debt Outstanding -8,314 104,321 634,560 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday March 10, 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) 229,958 2,108,728 25,810,875 Premium on New Issues 0 0 2,105 Discount on New Issues: Bills (-) 0 41 1,247 Bonds and Notes (-) 0 218 4,451 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 228,789 1,866,053 22,428,931 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 377 2,336 Inflation-Protected Securities Increment 62 446 2,071 Total Public Debt Cash Issues Deposited in Federal Reserve Account 1,107 241,593 3,373,944 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 238,272 2,004,407 25,176,315 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 (-) 237,632 1,887,331 22,302,210 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 640 117,076 2,874,105 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday March 10, 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/$ 8,062,097 $ 8,061,801 $ 7,936,671 $ 7,551,862 Intragovernmental Holdings 4,482,292 4,490,902 4,503,397 4,357,967 Total Public Debt Outstanding 12,544,389 12,552,704 12,440,068 11,909,829 Less: Debt Not Subject to Limit: Other Debt 489 489 489 489 Unamortized Discount 43,363 43,380 43,485 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 12,488,161 12,496,458 12,383,717 11,853,434 Statutory Debt Limit 14,294,000 14,294,000 14,294,000 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 $49,993 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 Wednesday March 10, 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 $ 5,819 $ 67,943 $ 755,242 Individual Income Taxes 23 260 3,629 Railroad Retirement Taxes 3 160 2,047 Excise Taxes 429 1,654 27,199 Corporation Income Taxes 230 1,751 81,343 Federal Unemployment Taxes 4 42 1,887 Estate and Gift Taxes & Misc IRS Rcpts. 2 1,567 1,880 Change in Balance of Unclassified Taxes -13 59 76 Total 6,498 73,438 873,302 These Receipts were deposited in: Federal Reserve Account: Directly 48 1,097 17,069 Collector Depositaries 3,077 18,147 222,062 Tax and Loan Accounts 3,354 51,413 600,542 Inter-agency Transfers 20 2,781 33,629 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 27 $ 222 $ 1,721 $ 1,970 Deposits: Taxes Received (Table IV) 5 49 3,300 3,354 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 27 222 637 886 Depositary Initiated 1 5 2,473 2,479 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 5 44 1,911 1,960 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday March 10, 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 $ 794 $ 21,950 $ 177,586 Business 210 4,781 52,754 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.