1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday December 30, 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 $ 4,573 $ 5,951 $ 4,634 $ 4,381 Tax and Loan Note Accounts (Table V) 32,053 32,577 1,355 31,300 Total Operating Balance 36,626 38,529 5,989 35,680 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday December 30, 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) 62 503 1,501 Commodity Credit Corporation programs 214 1,406 3,152 Customs and Certain Excise Taxes 89 2,554 8,052 Deposits by States: Supplemental Security Income 15 421 1,163 Unemployment 32 318 5,471 Education Department programs 96 2,338 7,727 Energy Department programs 19 800 2,382 Estate and Gift Taxes 132 2,040 6,347 Federal Reserve Earnings 0 1,988 5,804 Foreign Deposits, Military Sales 8 1,064 2,602 FTD's Received (Table IV) 2,922 53,254 128,466 Housing and Urban Development programs 64 615 1,586 Individual Income and Employment Taxes, Not Withheld 378 6,974 21,693 Interest recd from T&L Depositaries 0 50 148 Justice Department programs 38 586 1,026 Postal Service 353 8,637 25,249 Public Debt Cash Issues (Table III-B) 117 399,726 1,106,725 Other Deposits: Air Transport Security Fees 144 176 531 FSA Tobacco Assessments 220 228 252 Lend Lease Receipts 142 142 142 Minerals Management Svc/Collections 159 581 2,088 Total Other Deposits 665 2,292 7,335 Change in Balance of Uncollected Funds (closing balance $ 97) -9 -20 -39 Transfers from Depositaries 11,064 192,174 508,563 Total Federal Reserve Account 16,260 677,722 1,844,952 Tax and Loan Note Accounts: FTD's Received (Table IV) 9,538 172,910 360,035 Transfers from Federal Reserve Account (Table V) 1,002 49,962 149,282 Total Tax and Loan Note Accounts (Table V) 10,540 222,872 509,317 Total Deposits (excluding transfers) 14,733 658,457 1,696,423 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday December 30, 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 145 4,283 20,680 Defense Vendor Payments (EFT) 1,084 25,892 71,738 Education Department programs 425 6,020 20,639 Energy Department programs 223 2,473 7,194 Federal Employees Insurance Payments 255 3,877 11,724 Fed. Highway Administration programs 66 2,589 8,442 Federal Salaries (EFT) 2,432 14,055 37,353 Food and Nutrition Service (misc) 106 2,749 7,750 Food Stamps 42 2,041 6,000 GSA programs 31 1,448 4,091 Health and Human Services Grants (misc) 399 6,418 18,133 Housing and Urban Development programs 98 4,011 12,088 Interest on Treasury Securities 8 1,999 31,505 Justice Department programs 18 1,907 4,202 Labor Dept. prgms (excl. unemployment) 81 1,148 3,356 Medicaid 381 15,212 46,102 Medicare 1,272 28,385 80,338 NASA programs 35 1,190 2,884 Postal Service Money Orders and Other 180 4,238 12,505 Public Debt Cash Redemp. (Table III-B) 184 400,621 1,013,667 Social Security Benefits (EFT) 0 34,812 103,213 Temporary Assistance for Needy Families (HHS) 235 1,498 4,238 Unemployment Insurance Benefits 90 2,631 7,152 Veterans Affairs programs 138 2,053 5,538 Other Withdrawals: Agency for Internat'l Development 63 854 2,470 Emergency Prep & Response (DHS) 275 4,267 16,182 Federal Financing Bank (net) -117 118 584 Military Active Duty Pay (EFT) 3,085 8,400 16,132 Minerals Management Service 165 165 165 Pension Benefit Guaranty Corp. 341 370 992 Small Business Administration 56 56 209 Supple. Security Income Benefits (EFT) 1,758 3,465 5,160 Tennessee Valley Authority (net) -149 -164 -135 Thrift Savings Plan Transfer 51 1,436 4,220 Transportation Security Admin. (DHS) 3 188 522 U.S. District Courts (net) 55 -179 -237 Veterans Benefits (EFT) 2,266 4,440 6,607 Unclassified 856 24,211 71,900 Total, Other Withdrawals 8,708 56,267 154,947 Transfers to Depositaries 1,002 49,962 149,282 Total Federal Reserve Account 17,638 677,783 1,844,760 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 11,064 192,174 508,563 Total Withdrawals (excluding transfers) 16,636 627,820 1,695,478 Net Change in Operating Cash Balance -1,903 30,637 945 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday December 30, 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 -1 319,905 863,981 Cash Management Series 0 49,001 66,001 Notes 0 20,999 154,852 Bonds 0 0 0 Inflation-Protected Securities Increment 42 770 6,553 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 94 1,303 3,261 Interest Increment 0 565 1,749 Government Account Series 211,746 2,773,369 8,291,244 Domestic Series 0 0 55 Foreign Series 0 800 800 State and Local Series 18 11,251 27,729 Other 6 360 418 Total Issues 211,906 3,178,323 9,416,643 (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 0 391,973 880,379 Notes 0 0 107,845 Bonds 0 6 4,082 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 78 1,285 3,493 Government Account Series 128,655 2,699,599 8,165,262 Domestic Series 0 0 55 Foreign Series 0 0 100 State and Local Series 99 7,153 17,447 Other 7 205 265 Total Redemptions 128,839 3,100,220 9,178,928 Net Change in Public Debt Outstanding 83,067 78,102 237,715 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday December 30, 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) 211,906 3,178,323 9,416,643 Premium on New Issues 0 6 6 Discount on New Issues: Bills (-) 0 3,864 10,028 Bonds and Notes (-) 0 35 648 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 211,746 2,773,369 8,291,244 Interest Increment on United States Savings Securities (-) 0 565 1,749 Inflation-Protected Securities Increment 42 770 6,253 Total Public Debt Cash Issues Deposited in Federal Reserve Account 117 399,726 1,106,725 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 128,839 3,100,220 9,178,928 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 (-) 128,655 2,699,599 8,165,262 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 184 400,621 1,013,667 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday December 30, 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 $ 4,714,821 $ 4,714,163 $ 4,709,403 $ 4,601,239 Intragovernmental Holdings 3,455,603 3,373,194 3,382,919 3,331,471 Total Public Debt Outstanding 8,170,425 8,087,358 8,092,322 7,932,710 Less: Debt Not Subject to Limit: Other Debt 508 508 509 509 Unamortized Discount 49,036 49,787 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 8,107,030 8,023,212 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 30, 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 $ 11,589 $ 152,230 $ 395,425 Individual Income Taxes 52 224 487 Railroad Retirement Taxes 28 351 1,038 Excise Taxes 21 6,031 16,627 Corporation Income Taxes 1,448 71,770 87,668 Federal Unemployment Taxes 8 81 916 Estate and Gift Taxes & Misc IRS Rcpts. 2 59 204 Change in Balance of Unclassified Taxes 97 734 713 Total 13,245 231,480 503,078 These Receipts were deposited in: Federal Reserve Account: Directly 55 2,996 8,719 Collector Depositaries 2,867 50,258 119,747 Tax and Loan Accounts 9,538 172,910 360,035 Inter-agency Transfers 785 5,316 14,578 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 56 $ 278 $ 14,909 $ 32,577 Deposits: Taxes Received (Table IV) 25 147 9,366 9,538 Transfers to Depositaries 0 1 1,001 1,002 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 6,978 6,978 Depositary Initiated 15 74 3,997 4,086 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Closing Balance Today 66 352 14,300 32,053 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday December 30, 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 $ 185 1/$ 1,201 1/$ 10,417 Business 8 2,913 12,151 1/Does not include $14 million offset by FMS for the month of December 2005, and $76 million for the fiscal year-to-date for Treasury Offset Program aga inst Tax Refunds issued. 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.