1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday December 21, 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 $ 5,290 $ 5,915 $ 4,634 $ 4,381 Tax and Loan Note Accounts (Table V) 41,587 40,412 1,355 31,300 Total Operating Balance 46,877 46,327 5,989 35,680 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday December 21, 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) 19 278 1,276 Commodity Credit Corporation programs 35 892 2,638 Customs and Certain Excise Taxes 88 1,659 7,156 Deposits by States: Supplemental Security Income 0 16 758 Unemployment 11 240 5,392 Education Department programs 120 1,738 7,126 Energy Department programs 30 500 2,083 Estate and Gift Taxes 144 1,431 5,738 Federal Reserve Earnings 955 1,669 5,485 Foreign Deposits, Military Sales 21 865 2,403 FTD's Received (Table IV) 4,482 39,679 114,891 Housing and Urban Development programs 41 364 1,335 Individual Income and Employment Taxes, Not Withheld 593 4,339 19,058 Interest recd from T&L Depositaries 0 12 110 Justice Department programs 26 489 929 Postal Service 401 6,469 23,081 Public Debt Cash Issues (Table III-B) 548 278,860 985,860 Other Deposits: Total Other Deposits 0 999 6,042 Change in Balance of Uncollected Funds (closing balance $ 88) 213 -10 -30 Transfers from Depositaries 8,124 138,466 454,855 Total Federal Reserve Account 15,850 478,957 1,646,187 Tax and Loan Note Accounts: FTD's Received (Table IV) 5,255 136,914 324,038 Transfers from Federal Reserve Account (Table V) 4,043 41,784 141,104 Total Tax and Loan Note Accounts (Table V) 9,299 178,698 465,142 Total Deposits (excluding transfers) 12,982 477,405 1,515,371 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday December 21, 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 194 3,433 19,830 Defense Vendor Payments (EFT) 1,481 17,440 63,285 Education Department programs 457 3,861 18,480 Energy Department programs 144 1,612 6,333 Federal Employees Insurance Payments 141 2,427 10,274 Fed. Highway Administration programs 210 1,838 7,691 Federal Salaries (EFT) 176 10,470 33,768 Food and Nutrition Service (misc) 165 2,067 7,068 Food Stamps 58 1,647 5,606 GSA programs 50 1,088 3,731 Health and Human Services Grants (misc) 261 4,408 16,123 Housing and Urban Development programs 115 3,419 11,496 Interest on Treasury Securities 5 1,976 31,481 Justice Department programs 79 1,580 3,874 Labor Dept. prgms (excl. unemployment) 41 695 2,903 Medicaid 534 11,087 41,977 Medicare 1,429 20,354 72,306 NASA programs 65 806 2,499 Postal Service Money Orders and Other 178 3,069 11,336 Public Debt Cash Redemp. (Table III-B) 735 262,209 875,254 Social Security Benefits (EFT) 4,440 30,268 98,668 Temporary Assistance for Needy Families (HHS) 25 852 3,592 Unemployment Insurance Benefits 124 1,855 6,376 Veterans Affairs programs 98 1,551 5,035 Other Withdrawals: Emergency Prep & Response (DHS) 146 3,443 15,358 Thrift Savings Plan Transfer 110 1,279 4,063 Transportation Security Admin. (DHS) 1 136 471 USDA: Forest Service 287 417 676 Unclassified 683 19,335 67,023 Total, Other Withdrawals 1,226 46,506 145,186 Transfers to Depositaries 4,043 41,784 141,104 Total Federal Reserve Account 16,475 478,300 1,645,277 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 8,124 138,466 454,855 Total Withdrawals (excluding transfers) 12,432 436,516 1,504,173 Net Change in Operating Cash Balance 550 40,889 11,197 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday December 21, 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 0 200,785 744,861 Cash Management Series 0 49,001 66,001 Notes 0 20,999 154,852 Bonds 0 0 0 Inflation-Protected Securities Increment 21 557 6,340 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 51 837 2,795 Interest Increment 1 563 1,747 Government Account Series 123,834 1,921,859 7,439,735 Domestic Series 0 0 55 Foreign Series 0 800 800 State and Local Series 492 8,559 25,036 Other 6 303 361 Total Issues 124,404 2,204,263 8,442,583 (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 5 4,082 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 58 894 3,102 Government Account Series 130,807 1,934,348 7,400,011 Domestic Series 0 0 55 Foreign Series 0 0 100 State and Local Series 671 6,849 17,143 Other 6 148 208 Total Redemptions 131,542 2,196,557 8,275,265 Net Change in Public Debt Outstanding -7,138 7,705 167,318 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday December 21, 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) 124,404 2,204,263 8,442,583 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 (-) 123,834 1,921,859 7,439,735 Interest Increment on United States Savings Securities (-) 1 563 1,747 Inflation-Protected Securities Increment 21 557 6,040 Total Public Debt Cash Issues Deposited in Federal Reserve Account 548 278,860 985,860 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 131,542 2,196,557 8,275,265 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 (-) 130,807 1,934,348 7,400,011 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 735 262,209 875,254 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday December 21, 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 $ 4,729,829 $ 4,730,099 $ 4,709,403 $ 4,601,239 Intragovernmental Holdings 3,370,199 3,377,067 3,382,919 3,331,471 Total Public Debt Outstanding 8,100,027 8,107,166 8,092,322 7,932,710 Less: Debt Not Subject to Limit: Other Debt 508 508 509 509 Unamortized Discount 49,156 49,261 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 150 150 145 130 Total Public Debt Subject to Limit 8,036,513 8,043,546 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 21, 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 $ 9,684 $ 106,013 $ 349,208 Individual Income Taxes 7 131 394 Railroad Retirement Taxes 4 258 945 Excise Taxes 20 3,135 13,732 Corporation Income Taxes 669 69,428 85,326 Federal Unemployment Taxes 4 50 885 Estate and Gift Taxes & Misc IRS Rcpts. 6 47 191 Change in Balance of Unclassified Taxes -579 1,482 1,461 Total 9,816 180,544 452,141 These Receipts were deposited in: Federal Reserve Account: Directly 183 1,879 7,601 Collector Depositaries 4,299 37,800 107,289 Tax and Loan Accounts 5,255 136,914 324,038 Inter-agency Transfers 79 3,951 13,213 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 76 $ 391 $ 17,345 $ 40,412 Deposits: Taxes Received (Table IV) 15 100 5,141 5,255 Transfers to Depositaries 5 4 1,034 1,043 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 3,000 Withdrawals: Treasury Initiated 0 0 6,015 6,015 Depositary Initiated 7 57 2,044 2,109 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Closing Balance Today 89 438 15,461 41,587 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday December 21, 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 $ 773 $ 9,989 Business 56 2,323 11,562 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.