U.S. Treasury balances at Fed rose on May 12
WASHINGTON, May 13 (Reuters) - U.S. Treasury balances at the Federal Reserve, based on the Treasury Department's latest budget statement (billions of dollars, except where noted):
May 12 May 9
Fed acct 4.874 4.693
Tax/loan note acct 47.240 43.963
Cash balance 52.114 48.656
National debt
subject to limit 9,287.202 9,285.754
The statutory debt limit is $9.815 trillion.
The Treasury said it issued $809 million in individual income tax refunds, including $651 million in tax rebate payments issued under the Economic Stimulus Act of 2008, and $56 million in corporate income tax refunds. (Reporting by Nancy Waitz; Editing by Dan Grebler)
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