1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday December 15, 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 $ 5,840 $ 4,990 $ 4,634 $ 4,381 Tax and Loan Note Accounts (Table V) 29,842 7,546 1,355 31,300 Total Operating Balance 35,682 12,536 5,989 35,680 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday December 15, 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) 12 203 1,201 Commodity Credit Corporation programs 209 569 2,315 Customs and Certain Excise Taxes 98 1,221 6,719 Deposits by States: Supplemental Security Income 0 16 757 Unemployment 7 198 5,350 Education Department programs 169 1,209 6,597 Energy Department programs 9 135 1,717 Estate and Gift Taxes 221 1,070 5,376 Federal Reserve Earnings 0 714 4,530 Foreign Deposits, Military Sales 77 801 2,339 FTD's Received (Table IV) 10,531 28,798 104,010 Housing and Urban Development programs 38 238 1,209 Individual Income and Employment Taxes, Not Withheld 226 2,741 17,460 Interest recd from T&L Depositaries 4 12 110 Justice Department programs 5 109 549 Postal Service 377 4,717 21,329 Public Debt Cash Issues (Table III-B) 86,469 277,563 984,563 Other Deposits: Securities and Exchange Commission 53 125 694 Total Other Deposits 53 690 5,733 Change in Balance of Uncollected Funds (closing balance $ 142) -79 -64 -84 Transfers from Depositaries 53,012 106,940 423,329 Total Federal Reserve Account 151,439 427,880 1,595,110 Tax and Loan Note Accounts: FTD's Received (Table IV) 58,933 108,815 295,939 Transfers from Federal Reserve Account (Table V) 16,375 26,612 125,932 Total Tax and Loan Note Accounts (Table V) 75,308 135,427 421,872 Total Deposits (excluding transfers) 157,360 429,754 1,467,720 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday December 15, 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 160 2,727 19,124 Defense Vendor Payments (EFT) 1,491 12,938 58,784 Education Department programs 228 2,373 16,992 Energy Department programs 118 1,179 5,900 Federal Employees Insurance Payments 142 1,803 9,650 Fed. Highway Administration programs 211 1,329 7,182 Federal Salaries (EFT) 245 6,139 29,437 Food and Nutrition Service (misc) 121 1,477 6,478 Food Stamps 113 1,259 5,218 GSA programs 83 921 3,564 Health and Human Services Grants (misc) 316 3,179 14,894 Housing and Urban Development programs 183 3,038 11,116 Interest on Treasury Securities 1,352 1,968 31,473 Justice Department programs 75 1,268 3,562 Labor Dept. prgms (excl. unemployment) 65 476 2,683 Medicaid 1,243 8,296 39,185 Medicare 1,069 15,572 67,525 NASA programs 65 583 2,277 Postal Service Money Orders and Other 144 2,158 10,425 Public Debt Cash Redemp. (Table III-B) 122,082 260,978 874,023 Social Security Benefits (EFT) 0 25,828 94,228 Temporary Assistance for Needy Families (HHS) 55 683 3,424 Unemployment Insurance Benefits 110 1,331 5,852 Veterans Affairs programs 84 1,188 4,672 Other Withdrawals: Agency for Internat'l Development 69 512 2,129 Agriculture Loan Payments (misc) 115 170 227 Emergency Prep & Response (DHS) 184 2,755 14,671 Federal Aviation Administration 62 359 1,414 Military Active Duty Pay (EFT) 2,250 5,315 13,047 Thrift Savings Plan Transfer 97 893 3,677 Transportation Security Admin. (DHS) 1 118 452 Unclassified 1,682 15,930 63,619 Total, Other Withdrawals 4,460 41,372 140,051 Transfers to Depositaries 16,375 26,612 125,932 Total Federal Reserve Account 150,589 426,674 1,593,651 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 53,012 106,940 423,329 Total Withdrawals (excluding transfers) 134,215 400,061 1,467,719 Net Change in Operating Cash Balance 23,145 29,693 1 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday December 15, 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 64,362 200,796 744,872 Cash Management Series 0 49,001 66,001 Notes 21,002 20,999 154,852 Bonds 0 0 0 Inflation-Protected Securities Increment 21 430 6,213 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 47 624 2,581 Interest Increment 0 562 1,746 Government Account Series 127,989 1,414,843 6,932,719 Domestic Series 0 0 55 Foreign Series 0 800 800 State and Local Series 1,644 7,488 23,966 Other 202 278 336 Total Issues 215,266 1,695,820 7,934,141 (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 121,115 254,313 742,720 Notes 0 0 107,845 Bonds 0 4 4,081 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 54 666 2,874 Government Account Series 125,881 1,427,877 6,893,540 Domestic Series 0 0 55 Foreign Series 0 0 100 State and Local Series 849 5,872 16,166 Other 63 122 182 Total Redemptions 247,963 1,688,854 7,767,562 Net Change in Public Debt Outstanding -32,698 6,966 166,579 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday December 15, 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) 215,266 1,695,820 7,934,141 Premium on New Issues 6 6 6 Discount on New Issues: Bills (-) 758 2,394 8,558 Bonds and Notes (-) 35 35 648 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 127,989 1,414,843 6,932,719 Interest Increment on United States Savings Securities (-) 0 562 1,746 Inflation-Protected Securities Increment 21 430 5,913 Total Public Debt Cash Issues Deposited in Federal Reserve Account 86,469 277,563 984,563 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 247,963 1,688,854 7,767,562 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 (-) 125,881 1,427,877 6,893,540 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 122,082 260,978 874,023 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday December 15, 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 $ 4,729,594 $ 4,764,355 $ 4,709,403 $ 4,601,239 Intragovernmental Holdings 3,369,694 3,367,631 3,382,919 3,331,471 Total Public Debt Outstanding 8,099,288 8,131,986 8,092,322 7,932,710 Less: Debt Not Subject to Limit: Other Debt 508 508 509 509 Unamortized Discount 49,787 49,140 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 8,035,138 8,068,483 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 15, 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 $ 7,517 $ 69,336 $ 312,531 Individual Income Taxes 41 103 366 Railroad Retirement Taxes 9 175 861 Excise Taxes 106 3,053 13,650 Corporation Income Taxes 61,399 67,034 82,932 Federal Unemployment Taxes 3 29 864 Estate and Gift Taxes & Misc IRS Rcpts. 3 35 179 Change in Balance of Unclassified Taxes 398 897 876 Total 69,476 140,662 412,260 These Receipts were deposited in: Federal Reserve Account: Directly 131 1,265 6,987 Collector Depositaries 10,400 27,534 97,023 Tax and Loan Accounts 58,933 108,815 295,939 Inter-agency Transfers 12 3,049 12,311 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 37 $ 215 $ 7,294 $ 7,546 Deposits: Taxes Received (Table IV) 36 302 58,594 58,933 Transfers to Depositaries 5 3 3,366 3,375 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 13,000 Withdrawals: Treasury Initiated 0 0 19,837 19,837 Depositary Initiated 13 165 32,998 33,176 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Closing Balance Today 65 356 16,420 29,842 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday December 15, 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 $ 5 $ 462 $ 9,679 Business 15 1,794 11,032 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.