1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday December 14, 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 $ 4,990 $ 4,308 $ 4,634 $ 4,381 Tax and Loan Note Accounts (Table V) 7,546 4,179 1,355 31,300 Total Operating Balance 12,536 8,486 5,989 35,680 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday December 14, 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) 24 192 1,190 Commodity Credit Corporation programs 57 360 2,105 Customs and Certain Excise Taxes 160 1,123 6,621 Deposits by States: Supplemental Security Income 0 16 757 Unemployment 13 191 5,343 Education Department programs 67 1,039 6,428 Energy Department programs 7 125 1,708 Estate and Gift Taxes 98 849 5,155 Federal Reserve Earnings 334 714 4,530 Foreign Deposits, Military Sales 40 724 2,263 FTD's Received (Table IV) 4,488 18,267 93,479 Housing and Urban Development programs 0 200 1,171 Individual Income and Employment Taxes, Not Withheld 375 2,515 17,234 Interest recd from T&L Depositaries 0 8 106 Justice Department programs 7 104 544 Postal Service 391 4,340 20,953 Public Debt Cash Issues (Table III-B) 1,367 191,094 898,094 Other Deposits: Air Transport Security Fees 1 9 363 Federal Housing Admin: Note Sales 81 267 638 Total Other Deposits 82 637 5,680 Change in Balance of Uncollected Funds (closing balance $ 63) 31 14 -5 Transfers from Depositaries 5,666 53,928 370,317 Total Federal Reserve Account 13,207 276,441 1,443,671 Tax and Loan Note Accounts: FTD's Received (Table IV) 7,826 49,882 237,006 Transfers from Federal Reserve Account (Table V) 1,209 10,238 109,558 Total Tax and Loan Note Accounts (Table V) 9,034 60,119 346,564 Total Deposits (excluding transfers) 15,366 272,394 1,310,360 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday December 14, 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 202 2,567 18,964 Defense Vendor Payments (EFT) 975 11,447 57,293 Education Department programs 315 2,145 16,764 Energy Department programs 98 1,062 5,782 Federal Employees Insurance Payments 289 1,661 9,508 Fed. Highway Administration programs 108 1,118 6,971 Federal Salaries (EFT) 191 5,894 29,192 Food and Nutrition Service (misc) 136 1,356 6,357 Food Stamps 92 1,146 5,105 GSA programs 69 838 3,481 Health and Human Services Grants (misc) 290 2,863 14,578 Housing and Urban Development programs 44 2,856 10,933 Interest on Treasury Securities 2 616 30,121 Justice Department programs 24 1,193 3,487 Labor Dept. prgms (excl. unemployment) 49 411 2,618 Medicaid 774 7,053 37,942 Medicare 1,283 14,503 66,456 NASA programs 104 518 2,212 Postal Service Money Orders and Other 160 2,014 10,281 Public Debt Cash Redemp. (Table III-B) 87 138,895 751,941 Social Security Benefits (EFT) 4,484 25,828 94,228 Temporary Assistance for Needy Families (HHS) 102 628 3,368 Unemployment Insurance Benefits 127 1,221 5,742 Veterans Affairs programs 66 1,104 4,588 Other Withdrawals: Agency for Internat'l Development 252 443 2,060 Emergency Prep & Response (DHS) 156 2,571 14,487 State Department 55 392 757 Thrift Savings Plan Transfer 57 796 3,580 Transportation Security Admin. (DHS) 12 117 451 Unclassified 715 14,249 61,937 Total, Other Withdrawals 1,246 36,912 135,592 Transfers to Depositaries 1,209 10,238 109,558 Total Federal Reserve Account 12,525 276,084 1,443,062 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 5,666 53,928 370,317 Total Withdrawals (excluding transfers) 11,316 265,847 1,333,504 Net Change in Operating Cash Balance 4,050 6,548 -23,144 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday December 14, 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 -1 136,435 680,510 Cash Management Series 0 49,001 66,001 Notes 0 -2 133,851 Bonds 0 0 0 Inflation-Protected Securities Increment 22 409 6,192 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 44 577 2,534 Interest Increment 0 561 1,746 Government Account Series 123,736 1,286,854 6,804,730 Domestic Series 0 0 55 Foreign Series 800 800 800 State and Local Series 511 5,844 22,322 Other 20 76 134 Total Issues 125,134 1,480,555 7,718,875 (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 0 133,198 621,604 Notes 0 0 107,845 Bonds 0 4 4,081 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 61 612 2,820 Government Account Series 129,127 1,301,996 6,767,658 Domestic Series 0 0 55 Foreign Series 0 0 100 State and Local Series 19 5,023 15,317 Other 7 59 119 Total Redemptions 129,214 1,440,891 7,519,599 Net Change in Public Debt Outstanding -4,081 39,664 199,276 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday December 14, 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) 125,134 1,480,555 7,718,875 Premium on New Issues 0 0 0 Discount on New Issues: Bills (-) 8 1,636 7,800 Bonds and Notes (-) 0 0 614 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 123,736 1,286,854 6,804,730 Interest Increment on United States Savings Securities (-) 0 561 1,746 Inflation-Protected Securities Increment 22 409 5,892 Total Public Debt Cash Issues Deposited in Federal Reserve Account 1,367 191,094 898,094 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 129,214 1,440,891 7,519,599 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 (-) 129,127 1,301,996 6,767,658 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 87 138,895 751,941 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday December 14, 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 $ 4,764,355 $ 4,762,953 $ 4,709,403 $ 4,601,239 Intragovernmental Holdings 3,367,631 3,373,113 3,382,919 3,331,471 Total Public Debt Outstanding 8,131,986 8,136,067 8,092,322 7,932,710 Less: Debt Not Subject to Limit: Other Debt 508 508 509 509 Unamortized Discount 49,140 49,250 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 8,068,483 8,072,453 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 14, 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 $ 6,504 $ 61,819 $ 305,013 Individual Income Taxes 12 63 326 Railroad Retirement Taxes 11 165 852 Excise Taxes 2,033 2,948 13,544 Corporation Income Taxes 4,034 5,635 21,534 Federal Unemployment Taxes 3 26 861 Estate and Gift Taxes & Misc IRS Rcpts. 1 31 176 Change in Balance of Unclassified Taxes 83 500 478 Total 12,682 71,186 342,784 These Receipts were deposited in: Federal Reserve Account: Directly 582 1,133 6,856 Collector Depositaries 3,906 17,134 86,623 Tax and Loan Accounts 7,826 49,882 237,006 Inter-agency Transfers 368 3,037 12,299 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 24 $ 139 $ 4,015 $ 4,179 Deposits: Taxes Received (Table IV) 16 113 7,696 7,826 Transfers to Depositaries 0 0 1,209 1,209 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 3,281 3,281 Depositary Initiated 3 37 2,345 2,385 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Closing Balance Today 37 215 7,294 7,546 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday December 14, 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 $ 3 $ 457 $ 9,674 Business 39 1,779 11,018 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.