DAILY TREASURY STATEMENT Cash and debt operations of the United States Treasury Friday, January 9, 1998 (Detail, rounded in millions, may not add to totals) ÉÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍ» º TABLE I Operating Cash Balance º ÌÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍ͹ º º º Opening balance º º º ÌÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍ͹ º º Closingº º º This º º Type of account º balanceº º This º fiscalº º º today º Todayº monthº year º ÈÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍͼ Federal Reserve Account $ 5,449 $ 5,100 $ 5,444 $ 7,692 Tax and Loan Note Accounts (Table V) 7,985 7,406 26,441 35,930 Total Operating Balance 13,435 12,506 31,885 43,621 ÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍ Table II Deposits and Withdrawals of Operating Cash ÉÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍ» º º º This º Fiscal º º Deposits º Todayº month º year º º º º to dateº to dateº ÈÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍͼ Federal Reserve Account: Public Debt Receipts (Table III-B) $ 37 $ 65,367 $ 612,742 Agriculture Loan Repayments (Misc) 1/ 10 110 1,014 Commodity Credit Corporation 25 368 1,876 Customs and Certain Excise Taxes 91 494 6,373 Deposits by States: Unemployment 12 60 3,704 Supplemental Security Income - 258 1,043 Energy Department 8 76 1,678 Estate and Gift Taxes 64 449 5,720 Federal Reserve Earnings - 676 6,777 Foreign Deposits, Military Sales 3 598 4,301 Housing and Urban Development (HUD) 87 243 2,171 Individual Income and Employment Taxes, Not Withheld 956 4,933 19,149 Postal Service 309 2,199 24,694 Taxes Received (Table IV) 1,348 11,518 122,025 Other Deposits: - - - Total Other Deposits - - 1,034 Change in Balance of Uncollected Funds (closing balance $149) -70 +181 -45 Transfers from Depositaries 3,127 48,746 386,762 Total Federal Reserve Account 6,008 136,276 1,201,017 Tax and Loan Note Accounts: Taxes Received (Table IV) 3,186 28,087 269,689 Transfers from Federal Reserve Banks 521 2,203 89,129 Total Tax and Loan Note Accounts (Table V) 3,707 30,291 358,818 Total Deposits (net of transfers) 6,067 115,617 1,083,943 1/ Includes Agriculture credit and Rural housing and business funds. DAILY TREASURY STATEMENT page 2 Cash and debt operations of the United States Treasury Friday, January 9, 1998 (Detail, rounded in millions, may not add to totals) ÉÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍ» º º º This º Fiscalº º Withdrawals º Todayº month º year º º º º to dateº to dateº ÈÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍͼ Federal Reserve Account: Public Debt Redemptions (Table III-B) $ 79 $ 70,721 $ 598,398 Commodity Credit Corporation 89 954 8,468 Defense Vendor Payements (EFT) 283 1,452 24,279 Education Department 363 1,740 12,191 Energy Department 67 383 5,339 Family Support Payments (HHS) 7 22 486 Federal Employees Insurance Payments 71 669 6,400 Federal Highway Administration 59 322 5,520 Federal Salaries (EFT) 1,656 1,976 25,144 Food & Nutrition Service (misc) 54 278 3,871 Food Stamps 78 413 5,160 Health and Human Services Grants (misc) 246 889 9,887 Housing and Urban Development (HUD) 164 1,815 11,476 Interest on Public Debt 4 1,051 48,475 Labor Department 39 264 2,729 Medicare 391 4,486 59,818 Medicaid 302 2,665 27,908 Natl Aeronautics & Space Adm. (NASA) 33 217 3,594 Postal Service Money Orders and Other 223 1,242 13,628 Temporary Assistance for Needy Families 30 266 3,571 Unemployment Insurance Benefits 92 565 4,941 Other Withdrawals: - - - HHS: Indian Health Service 130 - - Unclassified 677 14,278 100,432 Total, Other Withdrawals 806 41,678 232,851 Transfers to Depositaries 521 2,203 89,129 Total Federal Reserve Account 5,658 136,273 1,203,264 Tax and Loan Note Accounts: Transfers to Federal Reserve Banks (Table V) 3,127 48,746 386,762 Total Withdrawals (net of transfers) 5,138 134,069 1,114,135 Net Change in Operating Cash Balance +929 -18,450 -30,186 DAILY TREASURY STATEMENT page 3 Cash and debt operations of the United States Treasury Friday, January 9, 1998 (Detail, rounded in millions, may not add to totals) ÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍ TABLE III-A Public Debt Transactions ÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍ (Stated at face value except for savings and retirement plan securities which are stated at current redemption value) ÉÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍ» º º º This º Fiscal º º Issues º Todayº month º year º º º º to dateº to dateº ÈÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍͼ Marketable: Bills: Regular Series $ * $ 63,437 $ 403,828 Cash Management Series - - 56,349 Notes - -1 123,584 Bonds - - 11,184 Inflation-Indexed Securities Increment -1 -3 239 Federal Financing Bank - - - Nonmarketable: Savings and Retirement Plan Series: Cash Issue Price 32 226 1,783 Interest Increment - - 2,257 Government Account Series 47,929 312,626 3,466,374 Domestic Series - - - Foreign Series - - 1,700 State and Local Series 6 3,517 24,927 Other - - 75 Total Issues 47,965 379,804 4,092,298 ÉÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍ» º º º This º Fiscal º º Redemptions º Todayº month º year º º º º to dateº to dateº ÈÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍͼ Marketable: Bills $ - $ 66,300 $ 449,553 Notes * * 131,296 Bonds * * 4 Federal Financing Bank - - - Nonmarketable: Savings and Retirement Plan Series 80 672 4,152 Government Account Series 47,547 331,432 3,427,007 Domestic Series - - - Foreign Series - 100 550 State and Local Series * 3,649 12,841 Other * * 2 Total Redemptions 47,627 402,153 4,025,405 Net Change in Public Debt Outstanding +339 -22,349 +66,893 DAILY TREASURY STATEMENT page 4 Cash and debt operations of the United States Treasury Friday, January 9, 1998 (Detail, rounded in millions, may not add to totals) ÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍ TABLE III-B Adjustment of Public Debt Transactions to Cash Basis ÉÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍ» º º º This º Fiscal º º Transactions º Todayº month º year º º º º to dateº to dateº ÈÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍͼ Public Debt Cash Receipts: Public Debt Issues (Table III-A) $ 47,965 $ 379,804 $ 4,092,298 Premium on New Issues - - 188 Discount in New Issues: Bills (-) * 1,813 10,624 Bonds and Notes (-) - - 276 Government Account Transaction (-) 47,929 312,626 3,466,374 Interest Increment on Savings and Retirement Plan Series (-) - - 2,257 Inflation-Indexed Securities Increment -1 -3 213 Total Public Debt Cash Receipts Deposited in Federal Reserve Account 37 65,367 612,742 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 47,627 402,153 4,025,405 Government Account Transactions (-) 47,547 331,432 3,427,007 Total Public Debt Cash Redemptions 79 70,721 598,398 ÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍ TABLE III-C Debt Subject to Limit Opening balance ÉÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍ» º Closingº º This º Fiscal º º Classification balanceº Todayº month º year º º today º º to dateº to dateº ÈÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍͼ Total Public Debt Outstanding$ 5,480,039 $ 5,479,700 $ 5,502,388 $ 5,413,146 Less Public Debt Not Subject to Limit: Miscellaneous Debt 535 535 535 536 Discount Adjustment 1/ 71,353 71,458 70,496 70,054 Federal Financing Bank 15,000 15,000 15,000 15,000 Plus Other Obligations Subject to Limit: Guaranteed Debt of Federal Agencies 75 75 101 68 Total Subject to Limit 5,393,226 5,392,782 5,416,458 5,327,624 Statutory Limit 5,950,000 5,950,000 5,950,000 5,950,000 Act of August 5, 1997, permanently increased the statutory debt limit to $5,950.0 billion. 1/Represents the unamortized discount on Treasury bills and zero-coupon bonds (amortization is calculated daily). DAILY TREASURY STATEMENT page 5 Cash and debt operations of the United States Treasury Friday, January 9, 1998 (Detail, rounded in millions, may not add to totals) ÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍ TABLE IV Federal Tax Deposits ÉÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍ» º º º This º Fiscal º º Classification º Todayº month º year º º º º to dateº to dateº ÈÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍͼ Withheld Income and Employment Taxes $ 5,177 $ 33,023 $ 322,203 Individual Estimated Income Taxes 5 7 124 Railroad Retirement Taxes 9 63 1,092 Excise Taxes 654 770 15,900 Corporation Income Taxes 68 837 55,354 Federal Unemployment Taxes 8 29 987 Estate And Gift Taxes * * * Change in balance of Unclassified Taxes -1,261 +5,723 +7,221 Total 4,661 40,451 402,881 These Receipts were deposited in: Federal Reserve Account: Directly 620 3,714 48,357 Remittance Option Depositaries 728 7,804 73,668 Tax and Loan Note Accounts 3,186 28,087 269,689 Inter-agency Transfers 127 846 11,167 ÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍ TABLE V Tax and Loan Note Accounts by Depositary Category ÉÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍ» º º Classification º º ÌÍÍÍÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍ͹ º Type of account º º º º º º º A º B º C º Totalº ÈÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍͼ Opening Balance Today $ 58 $ 342 $ 7,005 $ 7,406 Investments: Credits 15 79 3,092 3,186 Transfers to Depositaries * 2 519 521 Withdrawals: Treasury Initiated 58 342 1,694 2,094 Depositary Initiated 4 11 1,018 1,033 Closing Balance Today 12 69 7,904 7,985 DAILY TREASURY STATEMENT page 6 Cash and debt operations of the United States Treasury Friday, January 9, 1998 (Detail, rounded in millions, may not add to totals) ÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍ TABLE VI Income Tax Refunds Issued ÉÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍ» º º º This º Fiscal º º Classification º Todayº month º year º º º º to dateº to dateº ÈÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍͼ Individual $ - $ 144 $ 4,672 Business - 711 7,751 * less than $500,000 This statement summarizes the United States Treasury's cash and debt operations for the Federal Government. Treasury's operating cash is maintained in account at Federal Reserve banks and branches in Tax and Loan accounts at commercial banks. Major information sources include: Federal Reserve Banks, Treasury Regional Finance 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. For sale by the Superintendent of Documents, U.S. Government Printing Office, Washington, DC 20402. Note: The Daily Treasury Statement is now available on the day following the Statement date on the Department of Commerce's Bulletin Board System. For more information about the system, please call 202-482-1986. Selected information is also available on two separate telephone recordings at 4:00 p.m. on the day following the statement date on 202-874-9850 (shorter version) and on 202-874-9040 (longer version).