U.S. Treasury balances at Fed lower on June 18
WASHINGTON, June 19 (Reuters) - U.S. Treasury balances at the Federal Reserve, based on the Treasury Department's latest budget statement (billions of dollars, except where noted):
June 18 June 17
Fed acct 4.172 4.763
Tax/loan note acct 43.826 42.967
Cash balance 47.998 47.730
National debt
subject to limit 9,327.486 9,331.957
The statutory debt limit is $9.815 trillion.
The Treasury said it issued $348 million in individual income tax refunds, including $333 million in tax rebate payments issued under the Economic Stimulus Act of 2008. It issued $37 million in corporate income tax refunds. (Reporting by Nancy Waitz; Editing by Dan Grebler)
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