1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday December 02, 2005 (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 $ 5,036 $ 4,852 $ 4,634 $ 4,381 Tax and Loan Note Accounts (Table V) 6,809 11,221 1,355 31,300 Total Operating Balance 11,845 16,073 5,989 35,680 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday December 02, 2005 (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) 17 46 1,044 Commodity Credit Corporation programs 34 69 1,815 Customs and Certain Excise Taxes 89 186 5,684 Deposits by States: Supplemental Security Income 0 14 756 Unemployment 21 86 5,238 Education Department programs 96 155 5,543 Energy Department programs 8 59 1,642 Estate and Gift Taxes 33 131 4,438 Federal Reserve Earnings 0 0 3,816 Foreign Deposits, Military Sales 6 481 2,020 FTD's Received (Table IV) 1,341 2,874 78,085 Housing and Urban Development programs 20 42 1,013 Individual Income and Employment Taxes, Not Withheld 164 382 15,101 Interest recd from T&L Depositaries 0 4 101 Justice Department programs 14 17 456 Postal Service 386 758 17,370 Public Debt Cash Issues (Table III-B) 18,097 111,105 818,104 Other Deposits: Air Transport Security Fees 1 7 361 Total Other Deposits 1 170 5,212 Change in Balance of Uncollected Funds (closing balance $ 74) 98 4 -16 Transfers from Depositaries 11,464 15,371 331,761 Total Federal Reserve Account 31,890 131,954 1,299,184 Tax and Loan Note Accounts: FTD's Received (Table IV) 5,806 15,275 202,399 Transfers from Federal Reserve Account (Table V) 1,246 5,551 104,871 Total Tax and Loan Note Accounts (Table V) 7,052 20,826 307,270 Total Deposits (excluding transfers) 26,232 131,858 1,169,823 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday December 02, 2005 (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 249 460 16,857 Defense Vendor Payments (EFT) 577 1,144 46,990 Education Department programs 169 357 14,976 Energy Department programs 66 262 4,982 Federal Employees Insurance Payments 117 224 8,071 Fed. Highway Administration programs 86 153 6,006 Federal Salaries (EFT) 2,453 2,824 26,122 Food and Nutrition Service (misc) 96 175 5,176 Food Stamps 51 97 4,056 GSA programs 14 376 3,019 Health and Human Services Grants (misc) 245 523 12,238 Housing and Urban Development programs 138 2,110 10,187 Interest on Treasury Securities 2 597 30,103 Justice Department programs 322 331 2,625 Labor Dept. prgms (excl. unemployment) 51 106 2,313 Medicaid 497 1,398 32,288 Medicare 1,097 6,694 58,647 NASA programs 53 118 1,812 Postal Service Money Orders and Other 181 312 8,579 Public Debt Cash Redemp. (Table III-B) 76 67,876 680,921 Social Security Benefits (EFT) 21,184 21,344 89,744 Temporary Assistance for Needy Families (HHS) 68 122 2,863 Unemployment Insurance Benefits 102 217 4,738 Veterans Affairs programs 204 307 3,792 Other Withdrawals: Emergency Prep & Response (DHS) 779 928 12,844 Federal Financing Bank (net) 59 61 527 International Monetary Fund -106 -92 -1,080 Thrift Savings Plan Transfer 99 191 2,975 Transportation Security Admin. (DHS) 12 12 347 Unclassified 1,518 2,525 50,213 Total, Other Withdrawals 2,361 17,875 116,555 Transfers to Depositaries 1,246 5,551 104,871 Total Federal Reserve Account 31,706 131,552 1,298,529 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 11,464 15,371 331,761 Total Withdrawals (excluding transfers) 30,460 126,001 1,193,659 Net Change in Operating Cash Balance -4,228 5,856 -23,835 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday December 02, 2005 (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 -1 70,299 614,375 Cash Management Series 18,000 38,000 55,001 Notes -2 -2 133,851 Bonds 0 0 0 Inflation-Protected Securities Increment 21 153 5,936 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 84 162 2,120 Interest Increment 0 559 1,744 Government Account Series 141,259 271,589 5,789,464 Domestic Series 0 0 55 Foreign Series 0 0 0 State and Local Series 37 3,475 19,952 Other 5 11 70 Total Issues 159,403 384,247 6,622,567 (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 0 63,160 551,566 Notes 0 0 107,845 Bonds 1 1 4,078 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 60 112 2,319 Government Account Series 148,961 290,374 5,756,036 Domestic Series 0 0 55 Foreign Series 0 0 100 State and Local Series 9 4,592 14,887 Other 6 11 71 Total Redemptions 149,036 358,250 6,436,958 Net Change in Public Debt Outstanding 10,367 25,997 185,610 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday December 02, 2005 (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) 159,403 384,247 6,622,567 Premium on New Issues 0 0 0 Discount on New Issues: Bills (-) 26 842 7,006 Bonds and Notes (-) 0 0 614 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 141,259 271,589 5,789,464 Interest Increment on United States Savings Securities (-) 0 559 1,744 Inflation-Protected Securities Increment 21 153 5,635 Total Public Debt Cash Issues Deposited in Federal Reserve Account 18,097 111,105 818,104 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 149,036 358,250 6,436,958 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 (-) 148,961 290,374 5,756,036 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 76 67,876 680,921 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday December 02, 2005 (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 $ 4,754,352 $ 4,736,203 $ 4,709,403 $ 4,601,239 Intragovernmental Holdings 3,363,967 3,371,749 3,382,919 3,331,471 Total Public Debt Outstanding 8,118,319 8,107,953 8,092,322 7,932,710 Less: Debt Not Subject to Limit: Other Debt 509 509 509 509 Unamortized Discount 49,672 49,753 49,040 47,290 Federal Financing Bank 14,000 14,000 14,000 14,000 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 145 145 145 130 Total Public Debt Subject to Limit 8,054,284 8,043,836 8,028,919 7,871,040 Statutory Debt Limit 8,184,000 8,184,000 8,184,000 8,184,000 Act of November 19, 2004, permanently increased the statutory debt limit to $8,184 billion. Unamortized Discount represents the discount adjustment on Treasury bills and zero-coupon bonds (amortization is calculated daily). 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Friday December 02, 2005 (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 $ 7,573 $ 19,141 $ 262,336 Individual Income Taxes 4 8 271 Railroad Retirement Taxes 9 59 746 Excise Taxes 10 24 10,620 Corporation Income Taxes 66 97 15,995 Federal Unemployment Taxes 2 5 840 Estate and Gift Taxes & Misc IRS Rcpts. 1 2 146 Change in Balance of Unclassified Taxes 61 146 124 Total 7,725 19,481 291,078 These Receipts were deposited in: Federal Reserve Account: Directly 33 96 5,819 Collector Depositaries 1,308 2,777 72,266 Tax and Loan Accounts 5,806 15,275 202,399 Inter-agency Transfers 578 1,332 10,594 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 30 $ 142 $ 11,049 $ 11,221 Deposits: Taxes Received (Table IV) 9 58 5,739 5,806 Transfers to Depositaries 1 2 1,243 1,246 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Withdrawals: Treasury Initiated 30 142 9,870 10,042 Depositary Initiated 1 7 1,415 1,422 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Closing Balance Today 9 54 6,746 6,809 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday December 02, 2005 (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 $ 40 $ 51 $ 9,267 Business 31 40 9,278 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.