1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday December 16, 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 $ 5,430 $ 5,840 $ 4,634 $ 4,381 Tax and Loan Note Accounts (Table V) 38,371 29,842 1,355 31,300 Total Operating Balance 43,801 35,682 5,989 35,680 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday December 16, 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) 18 221 1,219 Commodity Credit Corporation programs 215 784 2,530 Customs and Certain Excise Taxes 102 1,323 6,821 Deposits by States: Supplemental Security Income 0 16 758 Unemployment 10 208 5,360 Education Department programs 193 1,402 6,790 Energy Department programs 16 151 1,734 Estate and Gift Taxes 78 1,148 5,454 Federal Reserve Earnings 0 714 4,530 Foreign Deposits, Military Sales 26 827 2,366 FTD's Received (Table IV) 2,908 31,707 106,919 Housing and Urban Development programs 25 263 1,234 Individual Income and Employment Taxes, Not Withheld 240 2,982 17,701 Interest recd from T&L Depositaries 0 12 110 Justice Department programs 319 428 868 Postal Service 386 5,103 21,715 Public Debt Cash Issues (Table III-B) 215 277,778 984,778 Other Deposits: Interntl Security Assistance (DSCA) 105 105 105 Total Other Deposits 105 795 5,838 Change in Balance of Uncollected Funds (closing balance $ 107) 36 -29 -49 Transfers from Depositaries 12,261 119,201 435,590 Total Federal Reserve Account 17,153 445,033 1,612,263 Tax and Loan Note Accounts: FTD's Received (Table IV) 12,209 121,024 308,148 Transfers from Federal Reserve Account (Table V) 8,582 35,194 134,514 Total Tax and Loan Note Accounts (Table V) 20,790 156,218 442,662 Total Deposits (excluding transfers) 17,101 446,856 1,484,821 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday December 16, 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 154 2,880 19,278 Defense Vendor Payments (EFT) 1,153 14,091 59,937 Education Department programs 276 2,649 17,268 Energy Department programs 118 1,298 6,018 Federal Employees Insurance Payments 155 1,958 9,805 Fed. Highway Administration programs 139 1,467 7,320 Federal Salaries (EFT) 2,479 8,618 31,917 Food and Nutrition Service (misc) 142 1,619 6,620 Food Stamps 82 1,341 5,300 GSA programs 16 937 3,580 Health and Human Services Grants (misc) 367 3,545 15,261 Housing and Urban Development programs 88 3,127 11,204 Interest on Treasury Securities -2 1,966 31,471 Justice Department programs 56 1,323 3,618 Labor Dept. prgms (excl. unemployment) 69 545 2,753 Medicaid 649 8,945 39,834 Medicare 1,038 16,610 68,562 NASA programs 62 645 2,339 Postal Service Money Orders and Other 199 2,356 10,623 Public Debt Cash Redemp. (Table III-B) 220 261,197 874,243 Social Security Benefits (EFT) 0 25,828 94,228 Temporary Assistance for Needy Families (HHS) 103 786 3,527 Unemployment Insurance Benefits 91 1,422 5,943 Veterans Affairs programs 106 1,294 4,778 Other Withdrawals: Emergency Prep & Response (DHS) 248 3,003 14,918 Federal Aviation Administration 52 411 1,466 IRS Tax Refunds Business (EFT) 57 189 4,352 Thrift Savings Plan Transfer 105 998 3,783 Transportation Security Admin. (DHS) 10 127 462 U.S. District Courts (net) -137 -134 -192 Unclassified 888 16,819 64,507 Total, Other Withdrawals 1,224 42,595 141,275 Transfers to Depositaries 8,582 35,194 134,514 Total Federal Reserve Account 17,563 444,237 1,611,214 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 12,261 119,201 435,590 Total Withdrawals (excluding transfers) 8,982 409,043 1,476,701 Net Change in Operating Cash Balance 8,119 37,812 8,121 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday December 16, 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 0 200,796 744,872 Cash Management Series 0 49,001 66,001 Notes 0 20,999 154,852 Bonds 0 0 0 Inflation-Protected Securities Increment 21 451 6,234 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 46 670 2,627 Interest Increment 0 562 1,746 Government Account Series 126,075 1,540,918 7,058,794 Domestic Series 0 0 55 Foreign Series 0 800 800 State and Local Series 163 7,651 24,128 Other 7 285 343 Total Issues 126,312 1,822,132 8,060,453 (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 0 254,313 742,720 Notes 0 0 107,845 Bonds 0 4 4,081 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 53 719 2,927 Government Account Series 124,477 1,552,353 7,018,016 Domestic Series 0 0 55 Foreign Series 0 0 100 State and Local Series 161 6,032 16,326 Other 7 129 189 Total Redemptions 124,697 1,813,551 7,892,259 Net Change in Public Debt Outstanding 1,615 8,581 168,194 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday December 16, 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) 126,312 1,822,132 8,060,453 Premium on New Issues 0 6 6 Discount on New Issues: Bills (-) 0 2,394 8,558 Bonds and Notes (-) 0 35 648 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 126,075 1,540,918 7,058,794 Interest Increment on United States Savings Securities (-) 0 562 1,746 Inflation-Protected Securities Increment 21 451 5,934 Total Public Debt Cash Issues Deposited in Federal Reserve Account 215 277,778 984,778 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 124,697 1,813,551 7,892,259 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 (-) 124,477 1,552,353 7,018,016 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 220 261,197 874,243 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday December 16, 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 $ 4,729,674 $ 4,729,594 $ 4,709,403 $ 4,601,239 Intragovernmental Holdings 3,371,229 3,369,694 3,382,919 3,331,471 Total Public Debt Outstanding 8,100,903 8,099,288 8,092,322 7,932,710 Less: Debt Not Subject to Limit: Other Debt 508 508 509 509 Unamortized Discount 49,682 49,787 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 8,036,859 8,035,138 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 16, 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 $ 13,050 $ 82,385 $ 325,580 Individual Income Taxes 7 110 373 Railroad Retirement Taxes 46 220 907 Excise Taxes 39 3,092 13,689 Corporation Income Taxes 1,097 68,131 84,030 Federal Unemployment Taxes 2 31 866 Estate and Gift Taxes & Misc IRS Rcpts. 1 36 180 Change in Balance of Unclassified Taxes 1,172 2,069 2,048 Total 15,413 156,075 427,673 These Receipts were deposited in: Federal Reserve Account: Directly 44 1,309 7,031 Collector Depositaries 2,864 30,398 99,887 Tax and Loan Accounts 12,209 121,024 308,148 Inter-agency Transfers 295 3,344 12,606 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 65 $ 356 $ 16,420 $ 29,842 Deposits: Taxes Received (Table IV) 25 139 12,045 12,209 Transfers to Depositaries 1 3 977 982 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 7,600 Withdrawals: Treasury Initiated 24 138 8,742 8,904 Depositary Initiated 4 33 3,320 3,357 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Closing Balance Today 63 328 17,381 38,371 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday December 16, 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 $ 287 $ 750 $ 9,966 Business 113 1,907 11,145 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.