1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday March 16, 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 $ 105,190 $ 100,633 $ 14,779 $ 108,324 Financial Institution Account 0 0 0 0 Supplementary Financing Program 74,988 74,988 24,997 164,945 Tax and Loan Note Accounts (Table V) 2,089 1,960 2,012 1,996 Total Operating Balance 182,266 177,581 41,788 275,265 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday March 16, 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) 21 258 3,669 Air Transport Security Fees 1 11 904 Commodity Credit Corporation programs 44 593 3,623 Customs and Certain Excise Taxes 82 824 13,385 Deposits by States: Supplemental Security Income 0 62 1,640 Unemployment 36 387 8,764 Education Department programs 63 1,417 12,134 Energy Department programs 11 212 3,058 Estate and Gift Taxes 31 704 7,626 Federal Reserve Earnings 0 3,900 34,188 Foreign Deposits, Military Sales 25 1,065 9,187 FTD's Received (Table IV) 1,974 34,260 254,147 Housing and Urban Development programs 1 73 1,096 Individual Income and Employment Taxes, Not Withheld 318 5,111 83,640 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 15 157 3,859 Postal Service 400 4,644 42,623 Public Debt Cash Issues (Table III-B) 799 462,445 3,594,796 Other Deposits: TARP 11 2,208 108,339 Total Other Deposits 11 6,016 208,009 Change in Balance of Uncollected Funds (closing balance $0) 1 -1 1 Transfers from Depositaries 11,294 102,769 652,786 Total Federal Reserve Account 15,129 624,908 4,939,136 Tax and Loan Note Accounts: FTD's Received (Table IV) 11,423 102,846 651,976 Transfers from Federal Reserve Account (Table V) 0 0 903 Total Tax and Loan Note Accounts (Table V) 11,423 102,846 652,879 Total Deposits (excluding transfers) 15,258 624,985 4,938,325 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday March 16, 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 40 562 14,410 Defense Vendor Payments (EFT) 1,925 18,932 176,608 Education Department programs 467 8,691 106,893 Energy Department programs 150 1,472 15,574 Federal Employees Insurance Payments 229 3,027 28,284 Fed. Highway Administration programs 122 1,366 17,555 Federal Salaries (EFT) 153 7,283 79,189 Food and Nutrition Service (misc) 311 5,042 40,676 Food Stamps 8 261 2,389 GSA programs 56 980 8,341 Health and Human Services Grants (misc) 341 4,481 44,876 Housing and Urban Development programs 191 4,753 32,335 Interest on Treasury Securities 1 6,105 84,798 Justice Department programs 60 751 7,724 Labor Dept. prgms (excl. unemployment) 63 759 7,048 Medicaid 799 13,197 120,831 Medicare 1,182 27,888 234,205 NASA programs 54 873 7,352 Postal Service Money Orders and Other 136 2,156 19,725 Public Debt Cash Redemp. (Table III-B) 586 247,858 3,004,887 Social Security Benefits (EFT) 46 30,857 265,905 Temporary Assistance for Needy Families (HHS) 96 799 8,965 Transportation Security Admin. (DHS) 2 108 980 Unemployment Insurance Benefits 996 8,632 75,632 Veterans Affairs programs 92 1,870 15,565 Other Withdrawals: Agency for Internat'l Development 50 452 5,144 IRS Tax Refunds Business (EFT) 112 5,475 33,269 IRS Tax Refunds Individual (EFT) 543 29,433 149,541 TARP 75 1,069 15,477 Unclassified 1,688 19,959 184,774 Total, Other Withdrawals 2,469 85,804 610,580 Transfers to Depositaries 0 0 903 Total Federal Reserve Account 10,573 484,507 5,032,227 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 11,294 102,769 652,786 Total Withdrawals (excluding transfers) 10,573 484,507 5,031,324 Net Change in Operating Cash Balance 4,685 140,478 -92,999 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday March 16, 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 -1 204,368 2,216,610 Cash Management Series 0 50,001 162,005 Notes 0 182,624 1,018,418 Bonds 0 13,154 95,603 Inflation-Protected Securities Increment 63 819 2,649 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 7 130 1,452 Interest Increment 1 379 2,338 Government Account Series 231,307 2,776,205 23,339,083 Hope Bonds 0 0 0 Domestic Series 0 0 25 Foreign Series 0 0 1,500 State and Local Series 251 5,915 38,717 Other 542 7,041 64,381 Total Issues 232,170 3,240,635 26,942,782 (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 0 191,359 2,571,657 Notes 0 43,905 306,261 Bonds 0 0 5,017 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 43 526 5,599 Government Account Series 224,545 2,789,143 23,204,500 Hope Bonds 0 0 0 Domestic Series 0 0 25 Foreign Series 0 500 1,500 State and Local Series 0 4,631 49,788 Other 543 6,937 64,563 Total Redemptions 225,131 3,037,001 26,208,910 Net Change in Public Debt Outstanding 7,038 203,633 733,872 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday March 16, 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) 232,170 3,240,635 26,942,782 Premium on New Issues 0 0 2,105 Discount on New Issues: Bills (-) 0 188 1,394 Bonds and Notes (-) 0 599 4,832 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 231,307 2,776,205 23,339,083 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 379 2,338 Inflation-Protected Securities Increment 63 819 2,444 Total Public Debt Cash Issues Deposited in Federal Reserve Account 799 462,445 3,594,796 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 225,131 3,037,001 26,208,910 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 (-) 224,545 2,789,143 23,204,023 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 586 247,858 3,004,887 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday March 16, 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/$ 8,152,882 $ 8,152,641 $ 7,936,671 $ 7,551,862 Intragovernmental Holdings 4,490,819 4,484,022 4,503,397 4,357,967 Total Public Debt Outstanding 12,643,701 12,636,663 12,440,068 11,909,829 Less: Debt Not Subject to Limit: Other Debt 489 489 489 489 Unamortized Discount 43,411 43,427 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 12,587,425 12,580,370 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 $74,988 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 Tuesday March 16, 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 $ 12,298 $ 105,068 $ 792,366 Individual Income Taxes 40 477 3,846 Railroad Retirement Taxes 26 248 2,134 Excise Taxes 13 3,702 29,246 Corporation Income Taxes 528 28,263 107,855 Federal Unemployment Taxes 4 57 1,902 Estate and Gift Taxes & Misc IRS Rcpts. 4 1,580 1,893 Change in Balance of Unclassified Taxes 507 819 835 Total 13,420 140,213 940,077 These Receipts were deposited in: Federal Reserve Account: Directly 49 2,004 17,976 Collector Depositaries 1,926 32,256 236,171 Tax and Loan Accounts 11,423 102,846 651,976 Inter-agency Transfers 22 3,107 33,955 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 13 $ 129 $ 1,817 $ 1,960 Deposits: Taxes Received (Table IV) 9 59 11,355 11,423 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 0 979 979 Depositary Initiated 2 21 10,293 10,315 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 20 168 1,900 2,089 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday March 16, 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 $ 826 $ 37,668 $ 193,305 Business 628 8,002 55,975 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.