1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday December 07, 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 $ 5,076 $ 4,573 $ 4,634 $ 4,381 Tax and Loan Note Accounts (Table V) 2,705 709 1,355 31,300 Total Operating Balance 7,781 5,282 5,989 35,680 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday December 07, 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) 11 103 1,101 Commodity Credit Corporation programs 30 159 1,905 Customs and Certain Excise Taxes 114 514 6,011 Deposits by States: Supplemental Security Income 0 14 756 Unemployment 17 136 5,289 Education Department programs 177 570 5,958 Energy Department programs 5 84 1,667 Estate and Gift Taxes 34 394 4,700 Federal Reserve Earnings 380 380 4,196 Foreign Deposits, Military Sales 30 553 2,092 FTD's Received (Table IV) 3,808 9,084 84,296 Housing and Urban Development programs 0 69 1,040 Individual Income and Employment Taxes, Not Withheld 319 1,149 15,868 Interest recd from T&L Depositaries 0 4 101 Justice Department programs 10 57 496 Postal Service 448 2,283 18,895 Public Debt Cash Issues (Table III-B) 566 112,180 819,180 Other Deposits: Federal Housing Admin: Note Sales 64 120 492 Total Other Deposits 64 436 5,479 Change in Balance of Uncollected Funds (closing balance $ 110) 1 -33 -52 Transfers from Depositaries 1,751 31,356 347,745 Total Federal Reserve Account 7,765 159,493 1,326,723 Tax and Loan Note Accounts: FTD's Received (Table IV) 3,674 26,800 213,925 Transfers from Federal Reserve Account (Table V) 72 5,906 105,226 Total Tax and Loan Note Accounts (Table V) 3,746 32,706 319,151 Total Deposits (excluding transfers) 9,689 154,937 1,192,903 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday December 07, 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 235 1,237 17,634 Defense Vendor Payments (EFT) 1,055 5,310 51,155 Education Department programs 307 1,050 15,669 Energy Department programs 92 497 5,218 Federal Employees Insurance Payments 107 546 8,393 Fed. Highway Administration programs 194 547 6,400 Federal Salaries (EFT) 181 4,635 27,933 Food and Nutrition Service (misc) 116 629 5,630 Food Stamps 90 487 4,446 GSA programs 38 481 3,124 Health and Human Services Grants (misc) 301 1,485 13,200 Housing and Urban Development programs 118 2,471 10,548 Interest on Treasury Securities 3 605 30,111 Justice Department programs 64 558 2,853 Labor Dept. prgms (excl. unemployment) 32 202 2,409 Medicaid 723 3,387 34,277 Medicare 1,090 9,963 61,916 NASA programs 34 221 1,915 Postal Service Money Orders and Other 229 1,130 9,397 Public Debt Cash Redemp. (Table III-B) 108 68,394 681,439 Social Security Benefits (EFT) 0 21,344 89,744 Temporary Assistance for Needy Families (HHS) 20 299 3,039 Unemployment Insurance Benefits 108 610 5,131 Veterans Affairs programs 84 682 4,167 Other Withdrawals: Emergency Prep & Response (DHS) 185 1,550 13,465 Thrift Savings Plan Transfer 160 583 3,367 Transportation Security Admin. (DHS) 4 59 393 Unclassified 1,511 9,785 57,473 Total, Other Withdrawals 1,861 26,375 125,055 Transfers to Depositaries 72 5,906 105,226 Total Federal Reserve Account 7,262 159,051 1,326,028 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 1,751 31,356 347,745 Total Withdrawals (excluding transfers) 7,190 153,145 1,220,802 Net Change in Operating Cash Balance 2,499 1,792 -27,899 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday December 07, 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 0 70,299 614,375 Cash Management Series 0 38,000 55,001 Notes 0 -2 133,851 Bonds 0 0 0 Inflation-Protected Securities Increment 22 260 6,043 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 51 333 2,290 Interest Increment 0 560 1,744 Government Account Series 126,003 653,063 6,170,938 Domestic Series 0 0 55 Foreign Series 0 0 0 State and Local Series 512 4,370 20,847 Other 3 22 80 Total Issues 126,591 766,904 7,005,224 (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 3 4,080 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 61 313 2,521 Government Account Series 127,542 669,180 6,134,843 Domestic Series 0 0 55 Foreign Series 0 0 100 State and Local Series 42 4,897 15,191 Other 3 21 81 Total Redemptions 127,650 737,574 6,816,282 Net Change in Public Debt Outstanding -1,059 29,330 188,942 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday December 07, 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) 126,591 766,904 7,005,224 Premium on New Issues 0 0 0 Discount on New Issues: Bills (-) 0 842 7,006 Bonds and Notes (-) 0 0 614 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 126,003 653,063 6,170,938 Interest Increment on United States Savings Securities (-) 0 560 1,744 Inflation-Protected Securities Increment 22 260 5,742 Total Public Debt Cash Issues Deposited in Federal Reserve Account 566 112,180 819,180 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 127,650 737,574 6,816,282 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 (-) 127,542 669,180 6,134,843 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 108 68,394 681,439 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday December 07, 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 $ 4,754,960 $ 4,754,600 $ 4,709,403 $ 4,601,239 Intragovernmental Holdings 3,366,692 3,368,111 3,382,919 3,331,471 Total Public Debt Outstanding 8,121,652 8,122,711 8,092,322 7,932,710 Less: Debt Not Subject to Limit: Other Debt 509 509 509 509 Unamortized Discount 49,127 49,236 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 8,058,162 8,059,111 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 Wednesday December 07, 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 $ 7,395 $ 37,437 $ 280,632 Individual Income Taxes 4 20 283 Railroad Retirement Taxes 3 92 779 Excise Taxes 16 61 10,657 Corporation Income Taxes 122 361 16,260 Federal Unemployment Taxes 3 14 850 Estate and Gift Taxes & Misc IRS Rcpts. 6 19 163 Change in Balance of Unclassified Taxes -27 194 173 Total 7,523 38,198 309,796 These Receipts were deposited in: Federal Reserve Account: Directly 93 288 6,011 Collector Depositaries 3,716 8,796 78,285 Tax and Loan Accounts 3,674 26,800 213,925 Inter-agency Transfers 41 2,314 11,576 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 21 $ 127 $ 561 $ 709 Deposits: Taxes Received (Table IV) 11 76 3,588 3,674 Transfers to Depositaries 0 0 72 72 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 151 151 Depositary Initiated 2 20 1,577 1,600 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Closing Balance Today 29 183 2,492 2,705 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday December 07, 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 $ 28 $ 119 $ 9,336 Business 6 667 9,906 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.