1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday March 18, 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 $ 85,626 $ 97,429 $ 14,779 $ 108,324 Financial Institution Account 0 0 0 0 Supplementary Financing Program 99,983 74,988 24,997 164,945 Tax and Loan Note Accounts (Table V) 2,042 2,019 2,012 1,996 Total Operating Balance 187,651 174,437 41,788 275,265 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday March 18, 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) 12 287 3,699 Air Transport Security Fees 1 12 905 Commodity Credit Corporation programs 52 679 3,710 Customs and Certain Excise Taxes 61 974 13,534 Deposits by States: Supplemental Security Income 2 64 1,642 Unemployment 31 443 8,819 Education Department programs 44 1,516 12,233 Energy Department programs 20 242 3,088 Estate and Gift Taxes 36 782 7,704 Federal Reserve Earnings 0 4,961 35,249 Foreign Deposits, Military Sales 33 1,181 9,302 FTD's Received (Table IV) 695 37,991 257,877 Housing and Urban Development programs 6 81 1,105 Individual Income and Employment Taxes, Not Withheld 199 5,802 84,331 Interest recd from T&L Depositaries 0 0 0 Justice Department programs 49 214 3,916 Postal Service 293 5,232 43,210 Public Debt Cash Issues (Table III-B) 116,489 579,694 3,712,045 Other Deposits: Comptroller of the Currency-Assessment 50 50 50 Gas and Oil Lease Sales Proceeds 104 190 327 Prepayment of Treasury Securities 134 602 4,961 Total Other Deposits 288 8,656 210,648 Change in Balance of Uncollected Funds (closing balance $ 1) -4 -2 0 Transfers from Depositaries 1,275 107,212 657,229 Total Federal Reserve Account 119,583 756,019 5,070,247 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,298 107,243 656,372 Transfers from Federal Reserve Account (Table V) 0 0 903 Total Tax and Loan Note Accounts (Table V) 1,298 107,243 657,275 Total Deposits (excluding transfers) 119,606 756,050 5,069,390 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday March 18, 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 29 655 14,504 Defense Vendor Payments (EFT) 1,620 21,896 179,572 Education Department programs 774 10,092 108,294 Energy Department programs 141 1,671 15,773 Federal Employees Insurance Payments 118 3,390 28,647 Fed. Highway Administration programs 90 1,505 17,693 Federal Salaries (EFT) 78 7,533 79,439 Food and Nutrition Service (misc) 276 5,655 41,289 Food Stamps 18 314 2,441 GSA programs 91 1,118 8,479 Health and Human Services Grants (misc) 327 5,286 45,680 Housing and Urban Development programs 186 5,156 32,737 Interest on Treasury Securities 1 6,107 84,800 Justice Department programs 80 882 7,855 Labor Dept. prgms (excl. unemployment) 53 868 7,156 Medicaid 1,403 15,593 123,227 Medicare 1,569 31,181 237,497 NASA programs 74 980 7,459 Postal Service Money Orders and Other 118 2,373 19,941 Public Debt Cash Redemp. (Table III-B) 95,478 343,920 3,100,948 Social Security Benefits (EFT) 44 39,023 274,071 Temporary Assistance for Needy Families (HHS) 218 1,051 9,217 Transportation Security Admin. (DHS) 4 120 993 Unemployment Insurance Benefits 596 10,025 77,024 Veterans Affairs programs 92 2,066 15,761 Other Withdrawals: Deposit Insurance Fund 56 1,367 13,659 Emergency Prep & Response (DHS) 56 691 4,673 IRS Tax Refunds Business (EFT) 249 5,760 33,553 IRS Tax Refunds Individual (EFT) 486 30,387 150,495 National Highway Traffic Safety Admin 5 39 571 Prepayment of Treasury Securities 135 607 4,963 TARP 55 1,131 15,539 Thrift Savings Plan Transfer 65 1,457 9,756 U.S. District Courts (net) 148 -336 -2,645 Unclassified 1,660 23,869 188,684 Total, Other Withdrawals 2,914 91,729 616,505 Transfers to Depositaries 0 0 903 Total Federal Reserve Account 106,391 610,187 5,157,907 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 1,275 107,212 657,229 Total Withdrawals (excluding transfers) 106,391 610,187 5,157,004 Net Change in Operating Cash Balance 13,214 145,863 -87,614 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday March 18, 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 90,792 295,160 2,307,402 Cash Management Series 25,001 75,002 187,006 Notes 0 182,624 1,018,418 Bonds 0 13,154 95,603 Inflation-Protected Securities Increment 62 944 2,775 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 9 145 1,468 Interest Increment 0 380 2,339 Government Account Series 227,882 3,232,232 23,795,110 Hope Bonds 0 0 0 Domestic Series 0 0 25 Foreign Series 0 0 1,500 State and Local Series 117 6,243 39,045 Other 627 8,208 65,549 Total Issues 344,489 3,814,093 27,516,240 (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 94,786 286,145 2,666,443 Notes 0 43,905 306,261 Bonds 0 0 5,017 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 41 606 5,680 Government Account Series 227,495 3,248,945 23,664,302 Hope Bonds 0 0 0 Domestic Series 0 0 25 Foreign Series 0 500 1,500 State and Local Series 21 4,652 49,809 Other 630 8,111 65,737 Total Redemptions 322,973 3,592,865 26,764,773 Net Change in Public Debt Outstanding 21,517 221,228 751,467 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday March 18, 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) 344,489 3,814,093 27,516,240 Premium on New Issues 0 0 2,105 Discount on New Issues: Bills (-) 56 243 1,449 Bonds and Notes (-) 0 599 4,832 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 227,882 3,232,232 23,795,110 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 0 380 2,339 Inflation-Protected Securities Increment 62 944 2,570 Total Public Debt Cash Issues Deposited in Federal Reserve Account 116,489 579,694 3,712,045 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 322,973 3,592,865 26,764,773 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 (-) 227,495 3,248,945 23,663,825 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 95,478 343,920 3,100,948 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday March 18, 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/$ 8,174,188 $ 8,153,201 $ 7,936,671 $ 7,551,862 Intragovernmental Holdings 4,487,108 4,486,578 4,503,397 4,357,967 Total Public Debt Outstanding 12,661,296 12,639,779 12,440,068 11,909,829 Less: Debt Not Subject to Limit: Other Debt 489 489 489 489 Unamortized Discount 43,437 43,395 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 12,604,994 12,583,519 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 $99,983 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 March 18, 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 $ 1,968 $ 112,961 $ 800,260 Individual Income Taxes 19 521 3,889 Railroad Retirement Taxes 3 255 2,141 Excise Taxes 7 3,715 29,260 Corporation Income Taxes 114 28,542 108,134 Federal Unemployment Taxes 2 62 1,907 Estate and Gift Taxes & Misc IRS Rcpts. 1 1,584 1,896 Change in Balance of Unclassified Taxes -20 813 830 Total 2,095 148,453 948,317 These Receipts were deposited in: Federal Reserve Account: Directly 63 2,162 18,134 Collector Depositaries 632 35,828 239,743 Tax and Loan Accounts 1,298 107,243 656,372 Inter-agency Transfers 101 3,219 34,067 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 25 $ 197 $ 1,798 $ 2,019 Deposits: Taxes Received (Table IV) 2 19 1,277 1,298 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 20 168 408 596 Depositary Initiated 0 2 678 680 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 6 47 1,990 2,042 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday March 18, 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 $ 705 $ 39,082 $ 194,719 Business 366 8,490 56,463 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.