1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday December 08, 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 $ 6,385 $ 5,076 $ 4,634 $ 4,381 Tax and Loan Note Accounts (Table V) 3,981 2,705 1,355 31,300 Total Operating Balance 10,366 7,781 5,989 35,680 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday December 08, 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) 12 115 1,113 Commodity Credit Corporation programs 24 183 1,929 Customs and Certain Excise Taxes 101 615 6,112 Deposits by States: Supplemental Security Income 1 16 757 Unemployment 17 153 5,305 Education Department programs 102 672 6,060 Energy Department programs 4 88 1,670 Estate and Gift Taxes 109 502 4,809 Federal Reserve Earnings 0 380 4,196 Foreign Deposits, Military Sales 10 564 2,102 FTD's Received (Table IV) 652 9,736 84,948 Housing and Urban Development programs 49 118 1,089 Individual Income and Employment Taxes, Not Withheld 173 1,322 16,041 Interest recd from T&L Depositaries 4 8 106 Justice Department programs 11 68 508 Postal Service 396 2,679 19,291 Public Debt Cash Issues (Table III-B) 76,919 189,099 896,099 Other Deposits: Corps of Engineers 54 66 289 Total Other Deposits 54 490 5,533 Change in Balance of Uncollected Funds (closing balance $ 88) 22 -10 -30 Transfers from Depositaries 308 31,664 348,053 Total Federal Reserve Account 78,968 238,461 1,405,691 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,451 28,251 215,376 Transfers from Federal Reserve Account (Table V) 133 6,039 105,359 Total Tax and Loan Note Accounts (Table V) 1,584 34,290 320,734 Total Deposits (excluding transfers) 80,112 235,049 1,273,014 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday December 08, 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 174 1,411 17,808 Defense Vendor Payments (EFT) 1,120 6,430 52,275 Education Department programs 143 1,192 15,812 Energy Department programs 133 631 5,351 Federal Employees Insurance Payments 283 830 8,677 Fed. Highway Administration programs 185 732 6,585 Federal Salaries (EFT) 614 5,249 28,547 Food and Nutrition Service (misc) 111 740 5,741 Food Stamps 95 582 4,540 GSA programs 64 545 3,188 Health and Human Services Grants (misc) 238 1,723 13,439 Housing and Urban Development programs 92 2,562 10,640 Interest on Treasury Securities 3 608 30,114 Justice Department programs 421 979 3,273 Labor Dept. prgms (excl. unemployment) 44 246 2,453 Medicaid 871 4,258 35,148 Medicare 905 10,868 62,821 NASA programs 59 280 1,974 Postal Service Money Orders and Other 182 1,313 9,580 Public Debt Cash Redemp. (Table III-B) 70,110 138,504 751,549 Social Security Benefits (EFT) 0 21,344 89,744 Temporary Assistance for Needy Families (HHS) 26 325 3,065 Unemployment Insurance Benefits 106 716 5,237 Veterans Affairs programs 84 767 4,251 Other Withdrawals: Emergency Prep & Response (DHS) 263 1,813 13,728 Federal Aviation Administration 61 184 1,238 Thrift Savings Plan Transfer 65 648 3,432 Transportation Security Admin. (DHS) 13 71 406 Unclassified 1,061 10,846 58,534 Total, Other Withdrawals 1,464 27,838 126,518 Transfers to Depositaries 133 6,039 105,359 Total Federal Reserve Account 77,659 236,710 1,403,687 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 308 31,664 348,053 Total Withdrawals (excluding transfers) 77,526 230,671 1,298,328 Net Change in Operating Cash Balance 2,585 4,378 -25,314 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday December 08, 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 66,141 136,440 680,516 Cash Management Series 11,000 49,001 66,001 Notes 0 -2 133,851 Bonds 0 0 0 Inflation-Protected Securities Increment 21 281 6,064 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 47 380 2,338 Interest Increment 0 560 1,745 Government Account Series 131,329 784,392 6,302,267 Domestic Series 0 0 55 Foreign Series 0 0 0 State and Local Series 503 4,873 21,351 Other 14 36 94 Total Issues 209,056 975,960 7,214,280 (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 70,038 133,198 621,604 Notes 0 0 107,845 Bonds 0 3 4,080 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 59 371 2,579 Government Account Series 129,564 798,745 6,264,408 Domestic Series 0 0 55 Foreign Series 0 0 100 State and Local Series 3 4,899 15,193 Other 11 32 92 Total Redemptions 199,674 937,248 7,015,956 Net Change in Public Debt Outstanding 9,382 38,711 198,324 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday December 08, 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) 209,056 975,960 7,214,280 Premium on New Issues 0 0 0 Discount on New Issues: Bills (-) 786 1,628 7,792 Bonds and Notes (-) 0 0 614 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 131,329 784,392 6,302,267 Interest Increment on United States Savings Securities (-) 0 560 1,745 Inflation-Protected Securities Increment 21 281 5,764 Total Public Debt Cash Issues Deposited in Federal Reserve Account 76,919 189,099 896,099 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 199,674 937,248 7,015,956 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 (-) 129,564 798,745 6,264,408 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 70,110 138,504 751,549 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday December 08, 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 $ 4,762,506 $ 4,754,960 $ 4,709,403 $ 4,601,239 Intragovernmental Holdings 3,368,528 3,366,692 3,382,919 3,331,471 Total Public Debt Outstanding 8,131,034 8,121,652 8,092,322 7,932,710 Less: Debt Not Subject to Limit: Other Debt 509 509 509 509 Unamortized Discount 49,804 49,127 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 8,066,866 8,058,162 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 Thursday December 08, 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 $ 2,005 $ 39,442 $ 282,636 Individual Income Taxes 4 23 286 Railroad Retirement Taxes 3 95 782 Excise Taxes 21 82 10,678 Corporation Income Taxes 114 476 16,374 Federal Unemployment Taxes 1 16 851 Estate and Gift Taxes & Misc IRS Rcpts. 4 23 167 Change in Balance of Unclassified Taxes 100 293 272 Total 2,251 40,449 312,047 These Receipts were deposited in: Federal Reserve Account: Directly 40 329 6,051 Collector Depositaries 612 9,407 78,896 Tax and Loan Accounts 1,451 28,251 215,376 Inter-agency Transfers 148 2,462 11,724 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 29 $ 183 $ 2,492 $ 2,705 Deposits: Taxes Received (Table IV) 5 27 1,419 1,451 Transfers to Depositaries 0 0 132 133 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 0 0 Depositary Initiated 1 8 298 308 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Closing Balance Today 34 202 3,745 3,981 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday December 08, 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 $ 11 $ 130 $ 9,347 Business 48 1/ 1,415 1/ 10,653 1/ This amount includes an adjustment for $700 million for Business Tax Refunds for the work dated December 5, 2005. 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.