1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday December 23, 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 $ 4,892 $ 4,515 $ 4,634 $ 4,381 Tax and Loan Note Accounts (Table V) 38,521 30,863 1,355 31,300 Total Operating Balance 43,413 35,378 5,989 35,680 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday December 23, 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) 13 315 1,313 Commodity Credit Corporation programs 105 1,047 2,792 Customs and Certain Excise Taxes 90 2,102 7,600 Deposits by States: Supplemental Security Income 1 17 758 Unemployment 7 255 5,407 Education Department programs 72 1,867 7,256 Energy Department programs 20 563 2,146 Estate and Gift Taxes 163 1,677 5,983 Federal Reserve Earnings 0 1,669 5,485 Foreign Deposits, Military Sales 21 915 2,454 FTD's Received (Table IV) 2,194 42,959 118,171 Housing and Urban Development programs 23 428 1,398 Individual Income and Employment Taxes, Not Withheld 324 4,952 19,670 Interest recd from T&L Depositaries 0 29 127 Justice Department programs 7 504 944 Postal Service 368 7,206 23,819 Public Debt Cash Issues (Table III-B) 67 340,833 1,047,833 Other Deposits: Air Transport Security Fees 1 12 367 Total Other Deposits 1 1,001 6,043 Change in Balance of Uncollected Funds (closing balance $ 89) 5 -12 -31 Transfers from Depositaries 1,958 156,381 472,770 Total Federal Reserve Account 5,440 564,707 1,731,937 Tax and Loan Note Accounts: FTD's Received (Table IV) 6,368 145,975 333,099 Transfers from Federal Reserve Account (Table V) 3,248 47,573 146,893 Total Tax and Loan Note Accounts (Table V) 9,617 193,547 479,992 Total Deposits (excluding transfers) 9,850 554,301 1,592,267 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday December 23, 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 172 3,736 20,133 Defense Vendor Payments (EFT) 1,030 19,776 65,622 Education Department programs 180 4,298 18,918 Energy Department programs 131 1,972 6,692 Federal Employees Insurance Payments 103 2,989 10,836 Fed. Highway Administration programs 103 2,088 7,941 Federal Salaries (EFT) 122 11,206 34,504 Food and Nutrition Service (misc) 106 2,314 7,315 Food Stamps 52 1,757 5,716 GSA programs 11 1,176 3,819 Health and Human Services Grants (misc) 404 5,203 16,918 Housing and Urban Development programs 84 3,623 11,700 Interest on Treasury Securities 3 1,981 31,487 Justice Department programs 71 1,702 3,997 Labor Dept. prgms (excl. unemployment) 140 920 3,127 Medicaid 475 12,562 43,452 Medicare 1,047 22,677 74,630 NASA programs 163 1,050 2,744 Postal Service Money Orders and Other 308 3,552 11,819 Public Debt Cash Redemp. (Table III-B) 81 333,008 946,053 Social Security Benefits (EFT) 0 30,268 98,668 Temporary Assistance for Needy Families (HHS) 42 923 3,663 Unemployment Insurance Benefits 71 2,044 6,565 Veterans Affairs programs 78 1,682 5,166 Other Withdrawals: Emergency Prep & Response (DHS) 276 3,907 15,822 Federal Aviation Administration 68 643 1,698 International Monetary Fund -4,483 -4,129 -5,117 Transportation Security Admin. (DHS) 13 151 485 USDA: Forest Service 108 524 784 Unclassified 854 20,820 68,508 Total, Other Withdrawals -3,164 44,371 143,051 Transfers to Depositaries 3,248 47,573 146,893 Total Federal Reserve Account 5,063 564,449 1,731,426 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 1,958 156,381 472,770 Total Withdrawals (excluding transfers) 1,814 516,876 1,584,534 Net Change in Operating Cash Balance 8,035 37,425 7,733 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday December 23, 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 -1 261,747 805,823 Cash Management Series 0 49,001 66,001 Notes 0 20,999 154,852 Bonds 0 0 0 Inflation-Protected Securities Increment 21 600 6,383 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 49 993 2,951 Interest Increment 0 563 1,748 Government Account Series 127,720 2,178,496 7,696,372 Domestic Series 0 0 55 Foreign Series 0 800 800 State and Local Series 11 10,146 26,624 Other 8 326 384 Total Issues 127,809 2,523,672 8,761,993 (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 0 324,934 813,341 Notes 0 0 107,845 Bonds 0 6 4,082 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 56 1,004 3,212 Government Account Series 125,369 2,185,753 7,651,416 Domestic Series 0 0 55 Foreign Series 0 0 100 State and Local Series 16 6,893 17,187 Other 9 171 231 Total Redemptions 125,451 2,518,761 8,597,469 Net Change in Public Debt Outstanding 2,358 4,911 164,523 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday December 23, 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) 127,809 2,523,672 8,761,993 Premium on New Issues 0 6 6 Discount on New Issues: Bills (-) 0 3,150 9,314 Bonds and Notes (-) 0 35 648 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 127,720 2,178,496 7,696,372 Interest Increment on United States Savings Securities (-) 0 563 1,748 Inflation-Protected Securities Increment 21 600 6,083 Total Public Debt Cash Issues Deposited in Federal Reserve Account 67 340,833 1,047,833 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 125,451 2,518,761 8,597,469 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 (-) 125,369 2,185,753 7,651,416 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 81 333,008 946,053 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday December 23, 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 $ 4,721,737 $ 4,721,741 $ 4,709,403 $ 4,601,239 Intragovernmental Holdings 3,375,496 3,373,134 3,382,919 3,331,471 Total Public Debt Outstanding 8,097,233 8,094,875 8,092,322 7,932,710 Less: Debt Not Subject to Limit: Other Debt 508 508 509 509 Unamortized Discount 49,702 49,807 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 8,033,173 8,030,710 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 23, 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 $ 8,845 $ 118,670 $ 361,865 Individual Income Taxes 6 144 406 Railroad Retirement Taxes 6 268 955 Excise Taxes 92 3,279 13,875 Corporation Income Taxes 131 69,844 85,742 Federal Unemployment Taxes 3 55 890 Estate and Gift Taxes & Misc IRS Rcpts. 1 49 194 Change in Balance of Unclassified Taxes -128 1,127 1,106 Total 8,955 193,435 465,033 These Receipts were deposited in: Federal Reserve Account: Directly 71 2,012 7,735 Collector Depositaries 2,123 40,947 110,436 Tax and Loan Accounts 6,368 145,975 333,099 Inter-agency Transfers 393 4,501 13,762 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 6 $ 43 $ 7,479 $ 30,863 Deposits: Taxes Received (Table IV) 12 81 6,275 6,368 Transfers to Depositaries 9 21 3,218 3,248 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 134 135 Depositary Initiated 2 17 1,805 1,824 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Closing Balance Today 27 127 15,032 38,521 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday December 23, 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 $ 219 $ 1,001 $ 10,217 Business 23 2,483 11,722 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.