1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday December 29, 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 $ 5,951 $ 4,243 $ 4,634 $ 4,381 Tax and Loan Note Accounts (Table V) 32,577 38,456 1,355 31,300 Total Operating Balance 38,529 42,699 5,989 35,680 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday December 29, 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) 29 440 1,438 Commodity Credit Corporation programs 77 1,192 2,938 Customs and Certain Excise Taxes 144 2,465 7,962 Deposits by States: Supplemental Security Income 388 406 1,148 Unemployment 13 287 5,439 Education Department programs 89 2,242 7,630 Energy Department programs 111 780 2,363 Estate and Gift Taxes 88 1,909 6,215 Federal Reserve Earnings 0 1,988 5,804 Foreign Deposits, Military Sales 102 1,055 2,594 FTD's Received (Table IV) 3,973 50,332 125,544 Housing and Urban Development programs 84 551 1,522 Individual Income and Employment Taxes, Not Withheld 884 6,597 21,316 Interest recd from T&L Depositaries 21 50 148 Justice Department programs 15 549 988 Postal Service 350 8,284 24,896 Public Debt Cash Issues (Table III-B) 57,866 399,609 1,106,608 Other Deposits: Air Transport Security Fees 14 32 386 Pension Benefit Guaranty Corp. 355 395 965 SEC:Stock Exchange Fees 93 93 93 Total Other Deposits 462 1,627 6,669 Change in Balance of Uncollected Funds (closing balance $ 88) -14 -11 -30 Transfers from Depositaries 12,053 181,110 497,499 Total Federal Reserve Account 76,733 661,461 1,828,692 Tax and Loan Note Accounts: FTD's Received (Table IV) 5,770 163,372 350,497 Transfers from Federal Reserve Account (Table V) 405 48,960 148,280 Total Tax and Loan Note Accounts (Table V) 6,175 212,332 498,777 Total Deposits (excluding transfers) 70,450 643,724 1,681,690 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday December 29, 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 118 4,138 20,535 Defense Vendor Payments (EFT) 1,287 24,808 70,653 Education Department programs 403 5,596 20,215 Energy Department programs 112 2,250 6,971 Federal Employees Insurance Payments 164 3,622 11,469 Fed. Highway Administration programs 159 2,523 8,376 Federal Salaries (EFT) 154 11,623 34,921 Food and Nutrition Service (misc) 58 2,643 7,644 Food Stamps 48 1,998 5,957 GSA programs 125 1,418 4,061 Health and Human Services Grants (misc) 331 6,019 17,734 Housing and Urban Development programs 117 3,913 11,991 Interest on Treasury Securities 3 1,991 31,497 Justice Department programs 84 1,890 4,184 Labor Dept. prgms (excl. unemployment) 58 1,068 3,275 Medicaid 1,203 14,831 45,721 Medicare 1,345 27,113 79,066 NASA programs 35 1,155 2,849 Postal Service Money Orders and Other 142 4,057 12,324 Public Debt Cash Redemp. (Table III-B) 67,266 400,437 1,013,482 Social Security Benefits (EFT) 0 34,812 103,213 Temporary Assistance for Needy Families (HHS) 28 1,263 4,004 Unemployment Insurance Benefits 132 2,541 7,062 Veterans Affairs programs 50 1,915 5,400 Other Withdrawals: Agriculture Loan Payments (misc) 52 324 381 District of Columbia 118 118 118 Emergency Prep & Response (DHS) 123 3,992 15,907 Federal Railroad Admin. 143 143 350 IRS Tax Refunds Business (EFT) 100 612 4,775 Transportation Security Admin. (DHS) 14 185 519 U.S. District Courts (net) -55 -234 -292 Unclassified 705 23,356 71,044 Total, Other Withdrawals 1,200 47,559 146,239 Transfers to Depositaries 405 48,960 148,280 Total Federal Reserve Account 75,026 660,144 1,827,121 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 12,053 181,110 497,499 Total Withdrawals (excluding transfers) 74,621 611,184 1,678,841 Net Change in Operating Cash Balance -4,170 32,540 2,848 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday December 29, 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 58,169 319,906 863,982 Cash Management Series 0 49,001 66,001 Notes 0 20,999 154,852 Bonds 0 0 0 Inflation-Protected Securities Increment 21 728 6,511 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 71 1,209 3,167 Interest Increment 0 564 1,749 Government Account Series 127,648 2,561,622 8,079,498 Domestic Series 0 0 55 Foreign Series 0 800 800 State and Local Series 326 11,234 27,711 Other 15 353 412 Total Issues 186,250 2,966,417 9,204,737 (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 67,039 391,973 880,379 Notes 0 0 107,845 Bonds 0 6 4,082 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 80 1,207 3,415 Government Account Series 131,383 2,570,944 8,036,607 Domestic Series 0 0 55 Foreign Series 0 0 100 State and Local Series 133 7,053 17,347 Other 15 198 258 Total Redemptions 198,649 2,971,381 9,050,089 Net Change in Public Debt Outstanding -12,399 -4,965 154,648 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday December 29, 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) 186,250 2,966,417 9,204,737 Premium on New Issues 0 6 6 Discount on New Issues: Bills (-) 714 3,864 10,028 Bonds and Notes (-) 0 35 648 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 127,648 2,561,622 8,079,498 Interest Increment on United States Savings Securities (-) 0 564 1,749 Inflation-Protected Securities Increment 21 728 6,211 Total Public Debt Cash Issues Deposited in Federal Reserve Account 57,866 399,609 1,106,608 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 198,649 2,971,381 9,050,089 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 (-) 131,383 2,570,944 8,036,607 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 67,266 400,437 1,013,482 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday December 29, 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 $ 4,714,163 $ 4,722,776 $ 4,709,403 $ 4,601,239 Intragovernmental Holdings 3,373,194 3,376,981 3,382,919 3,331,471 Total Public Debt Outstanding 8,087,358 8,099,757 8,092,322 7,932,710 Less: Debt Not Subject to Limit: Other Debt 508 508 509 509 Unamortized Discount 49,787 49,177 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 8,023,212 8,036,221 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 Thursday December 29, 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 $ 7,553 $ 140,640 $ 383,835 Individual Income Taxes 10 172 435 Railroad Retirement Taxes 11 324 1,011 Excise Taxes 2,098 6,010 16,606 Corporation Income Taxes 209 70,322 86,220 Federal Unemployment Taxes 11 73 908 Estate and Gift Taxes & Misc IRS Rcpts. 4 57 201 Change in Balance of Unclassified Taxes -147 637 616 Total 9,748 218,236 489,834 These Receipts were deposited in: Federal Reserve Account: Directly 692 2,941 8,664 Collector Depositaries 3,281 47,391 116,880 Tax and Loan Accounts 5,770 163,372 350,497 Inter-agency Transfers 5 4,531 13,793 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 48 $ 240 $ 14,833 $ 38,456 Deposits: Taxes Received (Table IV) 17 66 5,687 5,770 Transfers to Depositaries 0 1 404 405 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 3,262 3,262 Depositary Initiated 8 29 2,754 2,791 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 6,000 Closing Balance Today 56 278 14,909 32,577 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday December 29, 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 $ 1 $ 1,016 $ 10,233 Business 114 2,905 12,143 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.