1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday December 19, 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 $ 4,482 $ 5,430 $ 4,634 $ 4,381 Tax and Loan Note Accounts (Table V) 43,591 38,371 1,355 31,300 Total Operating Balance 48,073 43,801 5,989 35,680 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday December 19, 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) 16 237 1,235 Commodity Credit Corporation programs 38 821 2,567 Customs and Certain Excise Taxes 129 1,452 6,950 Deposits by States: Supplemental Security Income 0 16 758 Unemployment 8 216 5,368 Education Department programs 109 1,511 6,899 Energy Department programs 7 158 1,740 Estate and Gift Taxes 88 1,235 5,542 Federal Reserve Earnings 0 714 4,530 Foreign Deposits, Military Sales 9 836 2,375 FTD's Received (Table IV) 2,294 34,001 109,213 Housing and Urban Development programs 30 293 1,264 Individual Income and Employment Taxes, Not Withheld 301 3,283 18,002 Interest recd from T&L Depositaries 0 12 110 Justice Department programs 27 455 895 Postal Service 441 5,544 22,156 Public Debt Cash Issues (Table III-B) 94 277,872 984,872 Other Deposits: Total Other Deposits 0 795 5,838 Change in Balance of Uncollected Funds (closing balance $ 35) 72 43 23 Transfers from Depositaries 6,039 125,240 441,629 Total Federal Reserve Account 9,703 454,736 1,621,966 Tax and Loan Note Accounts: FTD's Received (Table IV) 8,896 129,919 317,044 Transfers from Federal Reserve Account (Table V) 2,363 37,557 136,877 Total Tax and Loan Note Accounts (Table V) 11,259 167,476 453,921 Total Deposits (excluding transfers) 12,559 459,415 1,497,381 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday December 19, 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 185 3,066 19,463 Defense Vendor Payments (EFT) 909 15,000 60,846 Education Department programs 570 3,219 17,838 Energy Department programs 89 1,386 6,107 Federal Employees Insurance Payments 147 2,105 9,952 Fed. Highway Administration programs 88 1,556 7,409 Federal Salaries (EFT) 1,125 9,743 33,042 Food and Nutrition Service (misc) 174 1,793 6,794 Food Stamps 167 1,508 5,467 GSA programs 49 986 3,629 Health and Human Services Grants (misc) 373 3,919 15,634 Housing and Urban Development programs 78 3,204 11,282 Interest on Treasury Securities 3 1,968 31,474 Justice Department programs 38 1,361 3,656 Labor Dept. prgms (excl. unemployment) 64 609 2,817 Medicaid 872 9,817 40,706 Medicare 924 17,534 69,486 NASA programs 38 683 2,377 Postal Service Money Orders and Other 339 2,696 10,963 Public Debt Cash Redemp. (Table III-B) 206 261,403 874,449 Social Security Benefits (EFT) 0 25,828 94,228 Temporary Assistance for Needy Families (HHS) 18 804 3,545 Unemployment Insurance Benefits 153 1,575 6,096 Veterans Affairs programs 92 1,386 4,870 Other Withdrawals: Emergency Prep & Response (DHS) 160 3,163 15,079 Federal Aviation Administration 72 483 1,538 State Department 106 497 862 Thrift Savings Plan Transfer 110 1,109 3,893 Transportation Security Admin. (DHS) 3 131 465 Unclassified 1,135 17,953 65,642 Total, Other Withdrawals 1,587 44,182 142,862 Transfers to Depositaries 2,363 37,557 136,877 Total Federal Reserve Account 10,651 454,888 1,621,865 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 6,039 125,240 441,629 Total Withdrawals (excluding transfers) 8,288 417,331 1,484,988 Net Change in Operating Cash Balance 4,272 42,084 12,392 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday December 19, 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 -10 200,786 744,862 Cash Management Series 0 49,001 66,001 Notes -1 20,999 154,852 Bonds 0 0 0 Inflation-Protected Securities Increment 64 515 6,298 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 72 741 2,699 Interest Increment 0 562 1,747 Government Account Series 127,114 1,668,032 7,185,907 Domestic Series 0 0 55 Foreign Series 0 800 800 State and Local Series 27 7,678 24,155 Other 7 291 349 Total Issues 127,271 1,949,403 8,187,724 (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 1 5 4,081 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 53 772 2,980 Government Account Series 124,920 1,677,274 7,142,936 Domestic Series 0 0 55 Foreign Series 0 0 100 State and Local Series 145 6,177 16,471 Other 7 136 196 Total Redemptions 125,126 1,938,677 8,017,385 Net Change in Public Debt Outstanding 2,145 10,726 170,339 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday December 19, 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) 127,271 1,949,403 8,187,724 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 (-) 127,114 1,668,032 7,185,907 Interest Increment on United States Savings Securities (-) 0 562 1,747 Inflation-Protected Securities Increment 64 515 5,997 Total Public Debt Cash Issues Deposited in Federal Reserve Account 94 277,872 984,872 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 125,126 1,938,677 8,017,385 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 (-) 124,920 1,677,274 7,142,936 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 206 261,403 874,449 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday December 19, 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 $ 4,729,588 $ 4,729,674 $ 4,709,403 $ 4,601,239 Intragovernmental Holdings 3,373,460 3,371,229 3,382,919 3,331,471 Total Public Debt Outstanding 8,103,049 8,100,903 8,092,322 7,932,710 Less: Debt Not Subject to Limit: Other Debt 508 508 509 509 Unamortized Discount 49,366 49,682 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 8,039,319 8,036,859 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 Monday December 19, 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 $ 10,963 $ 93,349 $ 336,544 Individual Income Taxes 7 117 380 Railroad Retirement Taxes 26 246 933 Excise Taxes 11 3,103 13,699 Corporation Income Taxes 150 68,281 84,179 Federal Unemployment Taxes 11 41 877 Estate and Gift Taxes & Misc IRS Rcpts. 3 39 183 Change in Balance of Unclassified Taxes 181 2,251 2,230 Total 11,351 167,426 439,024 These Receipts were deposited in: Federal Reserve Account: Directly 34 1,343 7,065 Collector Depositaries 2,260 32,658 102,147 Tax and Loan Accounts 8,896 129,919 317,044 Inter-agency Transfers 162 3,506 12,768 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 63 $ 328 $ 17,381 $ 38,371 Deposits: Taxes Received (Table IV) 13 74 8,808 8,896 Transfers to Depositaries 0 0 363 363 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 2,000 Withdrawals: Treasury Initiated 0 0 2,353 2,353 Depositary Initiated 6 33 3,647 3,686 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Closing Balance Today 70 369 20,552 43,591 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday December 19, 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 $ 8 $ 758 $ 9,974 Business 8 1,915 11,153 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.