DAILY TREASURY STATEMENT Cash and debt operations of the United States Treasury Wednesday, February 11, 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 $ 4,401 $ 4,896 $ 5,552 $ 7,692 Tax and Loan Note Accounts (Table V) 11,039 8,316 34,756 35,930 Total Operating Balance 15,440 13,212 40,307 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) $ 285 $ 72,651 $ 762,888 Agriculture Loan Repayments (Misc) 1/ 8 116 1,312 Commodity Credit Corporation 32 353 2,752 Customs and Certain Excise Taxes 89 766 8,403 Deposits by States: Unemployment 122 1,658 5,922 Supplemental Security Income * 269 1,315 Energy Department 10 183 2,305 Estate and Gift Taxes 94 590 7,566 Federal Reserve Earnings 387 866 9,095 Foreign Deposits, Military Sales 2 558 5,226 Housing and Urban Development (HUD) 19 340 2,951 Individual Income and Employment Taxes, Not Withheld 143 1,390 60,346 Postal Service 355 3,004 32,579 Taxes Received (Table IV) 1,769 13,519 158,672 Other Deposits: - - - Total Other Deposits - 240 1,459 Change in Balance of Uncollected Funds (closing balance $104) +19 -6 -1 Transfers from Depositaries 1,778 62,516 511,347 Total Federal Reserve Account 5,110 159,014 1,574,134 Tax and Loan Note Accounts: Taxes Received (Table IV) 3,155 31,004 349,824 Transfers from Federal Reserve Banks 1,346 7,796 136,632 Total Tax and Loan Note Accounts (Table V) 4,501 38,800 486,457 Total Deposits (net of transfers) 6,486 127,502 1,412,612 1/ Includes Agriculture credit and Rural housing and business funds. DAILY TREASURY STATEMENT page 2 Cash and debt operations of the United States Treasury Wednesday, February 11, 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) $ 87 $ 78,921 $ 777,671 Commodity Credit Corporation 34 477 11,383 Defense Vendor Payements (EFT) 266 2,582 31,694 Education Department 190 1,403 17,582 Energy Department 50 492 6,836 Family Support Payments (HHS) -36 -7 588 Federal Employees Insurance Payments 44 803 8,288 Federal Highway Administration 44 464 6,801 Federal Salaries (EFT) 47 2,909 32,740 Food & Nutrition Service (misc) 99 488 5,240 Food Stamps 82 575 7,000 Health and Human Services Grants (misc) 104 1,085 13,388 Housing and Urban Development (HUD) 117 1,323 14,968 Interest on Public Debt 5 6,513 58,224 Labor Department 18 276 3,622 Medicare 765 5,621 78,210 Medicaid 263 2,929 36,655 Natl Aeronautics & Space Adm. (NASA) 90 301 4,489 Postal Service Money Orders and Other 210 1,740 18,365 Temporary Assistance for Needy Families 98 692 4,938 Unemployment Insurance Benefits 94 796 7,238 Other Withdrawals: - - - IRS Tax Refunds (EFT) 53 - - Social Security Benefits (EFT) 189 - - Thrift Savings Plan Transfer 86 - - Unclassified 1,261 15,555 127,062 Total, Other Withdrawals 1,588 41,985 294,873 Transfers to Depositaries 1,346 7,796 136,632 Total Federal Reserve Account 5,604 160,164 1,577,426 Tax and Loan Note Accounts: Transfers to Federal Reserve Banks (Table V) 1,778 62,516 511,347 Total Withdrawals (net of transfers) 4,258 152,368 1,440,794 Net Change in Operating Cash Balance +2,228 -24,868 -28,181 DAILY TREASURY STATEMENT page 3 Cash and debt operations of the United States Treasury Wednesday, February 11, 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 $ -1 $ 42,242 $ 512,076 Cash Management Series - - 56,349 Notes -* 30,603 162,597 Bonds - - 11,184 Inflation-Indexed Securities Increment -2 -15 209 Federal Financing Bank - - - Nonmarketable: Savings and Retirement Plan Series: Cash Issue Price 18 197 2,378 Interest Increment - - 3,101 Government Account Series 49,537 418,846 4,594,734 Domestic Series - - 4 Foreign Series - - 1,800 State and Local Series 267 1,071 29,897 Other - - 75 Total Issues 49,820 492,944 5,374,405 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 $ - $ 45,304 $ 584,549 Notes * 31,426 171,849 Bonds * * 5 Federal Financing Bank - - - Nonmarketable: Savings and Retirement Plan Series 70 567 5,718 Government Account Series 47,975 430,439 4,536,231 Domestic Series - - 4 Foreign Series - 100 750 State and Local Series 17 1,524 14,794 Other * * 3 Total Redemptions 48,062 509,360 5,313,902 Net Change in Public Debt Outstanding +1,758 -16,416 +60,502 DAILY TREASURY STATEMENT page 4 Cash and debt operations of the United States Treasury Wednesday, February 11, 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) $ 49,820 $ 492,944 $ 5,374,405 Premium on New Issues - - 188 Discount in New Issues: Bills (-) -* 1,408 13,283 Bonds and Notes (-) -* 54 403 Government Account Transaction (-) 49,537 418,846 4,594,734 Interest Increment on Savings and Retirement Plan Series (-) - - 3,101 Inflation-Indexed Securities Increment -2 -15 184 Total Public Debt Cash Receipts Deposited in Federal Reserve Account 285 72,651 762,888 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 48,062 509,360 5,313,902 Government Account Transactions (-) 47,975 430,439 4,536,231 Total Public Debt Cash Redemptions 87 78,921 777,671 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$ 5,473,648 $ 5,471,890 $ 5,490,064 $ 5,413,146 Less Public Debt Not Subject to Limit: Miscellaneous Debt 534 534 534 536 Discount Adjustment 1/ 71,199 71,301 70,909 70,054 Federal Financing Bank 15,000 15,000 15,000 15,000 Plus Other Obligations Subject to Limit: Guaranteed Debt of Federal Agencies 76 76 76 68 Total Subject to Limit 5,386,991 5,385,131 5,403,697 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 Wednesday, February 11, 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 $ 4,759 $ 43,494 $ 437,325 Individual Estimated Income Taxes 2 49 783 Railroad Retirement Taxes 28 223 1,582 Excise Taxes 410 1,343 21,042 Corporation Income Taxes 149 680 62,180 Federal Unemployment Taxes 17 568 1,913 Estate And Gift Taxes - - * Change in balance of Unclassified Taxes -367 -534 -1,557 Total 4,996 45,822 523,269 These Receipts were deposited in: Federal Reserve Account: Directly 444 5,817 63,866 Remittance Option Depositaries 1,325 7,703 94,806 Tax and Loan Note Accounts 3,155 31,004 349,824 Inter-agency Transfers 73 1,298 14,773 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 $ 29 $ 166 $ 8,122 $ 8,316 Investments: Credits 17 83 3,054 3,155 Transfers to Depositaries 2 7 1,336 1,346 Withdrawals: Treasury Initiated - - - - Depositary Initiated 4 9 1,765 1,778 Closing Balance Today 45 247 10,748 11,039 DAILY TREASURY STATEMENT page 6 Cash and debt operations of the United States Treasury Wednesday, February 11, 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 $ 3 $ 3,966 $ 10,246 Business 84 1,326 11,054 * 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).