1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday December 27, 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 $ 5,643 $ 4,892 $ 4,634 $ 4,381 Tax and Loan Note Accounts (Table V) 43,322 38,521 1,355 31,300 Total Operating Balance 48,965 43,413 5,989 35,680 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday December 27, 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) 20 334 1,332 Commodity Credit Corporation programs 32 1,078 2,824 Customs and Certain Excise Taxes 111 2,214 7,711 Deposits by States: Supplemental Security Income 0 17 758 Unemployment 9 263 5,416 Education Department programs 179 2,046 7,435 Energy Department programs 87 650 2,233 Estate and Gift Taxes 50 1,727 6,033 Federal Reserve Earnings 0 1,669 5,485 Foreign Deposits, Military Sales 34 949 2,488 FTD's Received (Table IV) 1,971 44,930 120,142 Housing and Urban Development programs 19 447 1,418 Individual Income and Employment Taxes, Not Withheld 363 5,315 20,034 Interest recd from T&L Depositaries 0 29 127 Justice Department programs 8 512 952 Postal Service 353 7,560 24,172 Public Debt Cash Issues (Table III-B) 87 340,921 1,047,920 Other Deposits: Minerals Management Svc/Collections 93 361 1,869 Total Other Deposits 93 1,094 6,136 Change in Balance of Uncollected Funds (closing balance $ 43) 47 35 15 Transfers from Depositaries 4,392 160,772 477,161 Total Federal Reserve Account 7,856 572,563 1,739,793 Tax and Loan Note Accounts: FTD's Received (Table IV) 8,890 154,865 341,990 Transfers from Federal Reserve Account (Table V) 302 47,875 147,195 Total Tax and Loan Note Accounts (Table V) 9,193 202,740 489,184 Total Deposits (excluding transfers) 12,354 566,655 1,604,621 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday December 27, 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 122 3,857 20,254 Defense Vendor Payments (EFT) 1,536 21,312 67,158 Education Department programs 416 4,715 19,334 Energy Department programs 63 2,035 6,756 Federal Employees Insurance Payments 170 3,159 11,006 Fed. Highway Administration programs 114 2,202 8,055 Federal Salaries (EFT) 138 11,344 34,642 Food and Nutrition Service (misc) 220 2,534 7,535 Food Stamps 136 1,892 5,851 GSA programs 63 1,239 3,882 Health and Human Services Grants (misc) 177 5,380 17,095 Housing and Urban Development programs 100 3,723 11,800 Interest on Treasury Securities 4 1,985 31,490 Justice Department programs 72 1,774 4,068 Labor Dept. prgms (excl. unemployment) 38 957 3,165 Medicaid 615 13,177 44,067 Medicare 881 23,558 75,511 NASA programs 43 1,093 2,787 Postal Service Money Orders and Other 189 3,741 12,008 Public Debt Cash Redemp. (Table III-B) 62 333,070 946,115 Social Security Benefits (EFT) 0 30,268 98,668 Temporary Assistance for Needy Families (HHS) 14 937 3,677 Unemployment Insurance Benefits 191 2,235 6,756 Veterans Affairs programs 132 1,813 5,298 Other Withdrawals: Emergency Prep & Response (DHS) 166 4,072 15,988 Federal Financing Bank (net) 89 222 687 Transportation Security Admin. (DHS) 8 159 493 Unclassified 1,045 21,864 69,553 Total, Other Withdrawals 1,307 45,678 144,358 Transfers to Depositaries 302 47,875 147,195 Total Federal Reserve Account 7,104 571,553 1,738,531 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 4,392 160,772 477,161 Total Withdrawals (excluding transfers) 6,802 523,678 1,591,336 Net Change in Operating Cash Balance 5,552 42,977 13,285 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday December 27, 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 -10 261,737 805,813 Cash Management Series 0 49,001 66,001 Notes 0 20,999 154,852 Bonds 0 0 0 Inflation-Protected Securities Increment 85 685 6,468 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 82 1,075 3,033 Interest Increment 0 564 1,748 Government Account Series 127,415 2,305,912 7,823,787 Domestic Series 0 0 55 Foreign Series 0 800 800 State and Local Series 9 10,155 26,632 Other 6 332 391 Total Issues 127,587 2,651,259 8,889,580 (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 55 1,059 3,267 Government Account Series 124,482 2,310,236 7,775,898 Domestic Series 0 0 55 Foreign Series 0 0 100 State and Local Series 1 6,894 17,188 Other 6 177 237 Total Redemptions 124,544 2,643,305 8,722,013 Net Change in Public Debt Outstanding 3,043 7,954 167,567 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday December 27, 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) 127,587 2,651,259 8,889,580 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 (-) 127,415 2,305,912 7,823,787 Interest Increment on United States Savings Securities (-) 0 564 1,748 Inflation-Protected Securities Increment 85 685 6,168 Total Public Debt Cash Issues Deposited in Federal Reserve Account 87 340,921 1,047,920 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 124,544 2,643,305 8,722,013 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 (-) 124,482 2,310,236 7,775,898 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 62 333,070 946,115 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday December 27, 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 $ 4,721,873 $ 4,721,737 $ 4,709,403 $ 4,601,239 Intragovernmental Holdings 3,378,404 3,375,496 3,382,919 3,331,471 Total Public Debt Outstanding 8,100,276 8,097,233 8,092,322 7,932,710 Less: Debt Not Subject to Limit: Other Debt 508 508 509 509 Unamortized Discount 49,282 49,702 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 8,036,635 8,033,173 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 Tuesday December 27, 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 $ 10,487 $ 129,158 $ 372,353 Individual Income Taxes 8 152 415 Railroad Retirement Taxes 42 310 997 Excise Taxes 227 3,505 14,101 Corporation Income Taxes 146 69,990 85,888 Federal Unemployment Taxes 3 57 892 Estate and Gift Taxes & Misc IRS Rcpts. 3 53 197 Change in Balance of Unclassified Taxes -47 1,079 1,058 Total 10,868 204,303 475,901 These Receipts were deposited in: Federal Reserve Account: Directly 152 2,164 7,887 Collector Depositaries 1,819 42,766 112,255 Tax and Loan Accounts 8,890 154,865 341,990 Inter-agency Transfers 7 4,508 13,769 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 27 $ 127 $ 15,032 $ 38,521 Deposits: Taxes Received (Table IV) 13 77 8,801 8,890 Transfers to Depositaries 0 1 302 302 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 0 0 Depositary Initiated 2 20 4,369 4,392 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Closing Balance Today 37 185 19,766 43,322 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday December 27, 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 $ 10 $ 1,011 $ 10,228 Business 256 2,739 11,978 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.