1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday October 16, 2006 (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 $ 4,962 $ 4,462 $ 5,451 $ 5,451 Tax and Loan Note Accounts (Table V) 7,528 5,946 46,676 46,676 Total Operating Balance 12,490 10,408 52,127 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday October 16, 2006 (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) 41 227 227 Commodity Credit Corporation programs 28 384 384 Customs and Certain Excise Taxes 95 1,013 1,013 Deposits by States: Supplemental Security Income 0 6 6 Unemployment 31 201 201 Education Department programs 88 1,059 1,059 Energy Department programs 21 183 183 Estate and Gift Taxes 54 1,159 1,159 Federal Reserve Earnings 0 1,083 1,083 Foreign Deposits, Military Sales 8 1,275 1,275 FTD's Received (Table IV) 4,320 22,525 22,525 Housing and Urban Development programs 38 317 317 Individual Income and Employment Taxes, Not Withheld 369 4,247 4,247 Interest recd from T&L Depositaries 0 71 71 Justice Department programs 6 185 185 Postal Service 438 4,678 4,678 Public Debt Cash Issues (Table III-B) 9,826 164,522 164,522 Other Deposits: Pension Benefit Guaranty Corp. 69 146 146 Total Other Deposits 69 1,843 1,843 Change in Balance of Uncollected Funds (closing balance $ 28) 56 114 114 Transfers from Depositaries 20,752 152,914 152,914 Total Federal Reserve Account 36,241 358,007 358,007 Tax and Loan Note Accounts: FTD's Received (Table IV) 20,534 65,900 65,900 Transfers from Federal Reserve Account (Table V) 1,800 47,866 47,866 Total Tax and Loan Note Accounts (Table V) 22,334 113,766 113,766 Total Deposits (excluding transfers) 36,024 270,993 270,993 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday October 16, 2006 (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 537 5,462 5,462 Defense Vendor Payments (EFT) 1,435 10,697 10,697 Education Department programs 460 2,314 2,314 Energy Department programs 94 1,022 1,022 Federal Employees Insurance Payments 188 1,947 1,947 Fed. Highway Administration programs 123 1,520 1,520 Federal Salaries (EFT) 94 6,095 6,095 Food and Nutrition Service (misc) 210 1,499 1,499 Food Stamps 204 1,149 1,149 GSA programs 23 744 744 Health and Human Services Grants (misc) 209 2,764 2,764 Housing and Urban Development programs 102 3,258 3,258 Interest on Treasury Securities 3,279 6,471 6,471 Justice Department programs 66 719 719 Labor Dept. prgms (excl. unemployment) 34 378 378 Medicaid 891 8,546 8,546 Medicare 941 24,878 24,878 NASA programs 14 201 201 Postal Service Money Orders and Other 241 2,237 2,237 Public Debt Cash Redemp. (Table III-B) 23,084 172,391 172,391 Social Security Benefits (EFT) 0 26,472 26,472 Temporary Assistance for Needy Families (HHS) 80 762 762 Unemployment Insurance Benefits 106 1,044 1,044 Veterans Affairs programs 123 1,098 1,098 Other Withdrawals: Export-Import Bank (net) -117 -133 -133 Federal Aviation Administration 94 364 364 IRS Tax Refunds Business (EFT) 92 798 798 Pmt. to Resolution Funding Corp (Treas) 497 497 497 Transportation Security Admin. (DHS) 3 59 59 Unclassified 833 13,509 13,509 Total, Other Withdrawals 1,401 26,960 26,960 Transfers to Depositaries 1,800 47,866 47,866 Total Federal Reserve Account 35,741 358,496 358,496 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 20,752 152,914 152,914 Total Withdrawals (excluding transfers) 33,941 310,630 310,630 Net Change in Operating Cash Balance 2,082 -39,637 -39,637 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday October 16, 2006 (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 -2 111,002 111,002 Cash Management Series 0 0 0 Notes 9,412 51,411 51,411 Bonds 0 0 0 Inflation-Protected Securities Increment 156 497 497 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 11 137 137 Interest Increment 0 768 768 Government Account Series 126,069 1,291,135 1,291,135 Domestic Series 0 73 73 Foreign Series 0 0 0 State and Local Series 215 2,866 2,866 Other 49 644 644 Total Issues 135,911 1,458,533 1,458,533 (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 0 112,009 112,009 Notes 22,460 54,116 54,116 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 63 901 901 Government Account Series 122,519 1,256,156 1,256,156 Domestic Series 73 73 73 Foreign Series 0 0 0 State and Local Series 438 4,622 4,622 Other 50 669 669 Total Redemptions 145,603 1,428,547 1,428,547 Net Change in Public Debt Outstanding -9,693 29,985 29,985 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday October 16, 2006 (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) 135,911 1,458,533 1,458,533 Premium on New Issues 60 60 60 Discount on New Issues: Bills (-) 0 1,682 1,682 Bonds and Notes (-) 0 70 70 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 126,069 1,291,135 1,291,135 Interest Increment on United States Savings Securities (-) 0 768 768 Inflation-Protected Securities Increment 75 415 415 Total Public Debt Cash Issues Deposited in Federal Reserve Account 9,826 164,522 164,522 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 145,603 1,428,547 1,428,547 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 (-) 122,519 1,256,156 1,256,156 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 23,084 172,391 172,391 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday October 16, 2006 (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 1/ $ 4,838,392 $ 4,851,631 $ 4,843,121 $ 4,843,121 Intragovernmental Holdings 3,698,567 3,695,021 3,663,853 3,663,853 Total Public Debt Outstanding 8,536,959 8,546,652 8,506,974 8,506,974 Less: Debt Not Subject to Limit: Other Debt 506 506 506 506 Unamortized Discount 71,893 72,282 72,286 72,286 Federal Financing Bank 14,000 14,000 14,000 14,000 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 95 95 96 96 Total Public Debt Subject to Limit 8,450,656 8,459,959 8,420,278 8,420,278 Statutory Debt Limit 8,965,000 8,965,000 8,965,000 8,965,000 Act of March 20, 2006, permanently increased the statutory debt limit to $8,965 billion. Unamortized Discount represents the discount adjustment on Treasury bills and zero-coupon bonds (amortization is calculated daily). 1/The par value of securities held by Treasury under repurchase agreements pl us the inflation compensation, less unamortized discount on bills was $1,86 0. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Monday October 16, 2006 (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 $ 15,494 $ 77,417 $ 77,417 Individual Income Taxes 28 113 113 Railroad Retirement Taxes 84 256 256 Excise Taxes 38 1,049 1,049 Corporation Income Taxes 8,788 11,447 11,447 Federal Unemployment Taxes 9 57 57 Estate and Gift Taxes & Misc IRS Rcpts. 4 30 30 Change in Balance of Unclassified Taxes 429 1,002 1,002 Total 24,874 91,370 91,370 These Receipts were deposited in: Federal Reserve Account: Directly 101 1,563 1,563 Collector Depositaries 4,219 20,962 20,962 Tax and Loan Accounts 20,534 65,900 65,900 Inter-agency Transfers 19 2,945 2,945 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 12 $ 99 $ 1,330 $ 5,946 Deposits: Taxes Received (Table IV) 14 111 20,409 20,534 Transfers to Depositaries 0 0 0 0 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,800 Withdrawals: Treasury Initiated 0 0 5,977 5,977 Depositary Initiated 3 24 13,746 13,773 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 1 Repo Investment 0 0 0 1,000 Closing Balance Today 23 186 2,015 7,528 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday October 16, 2006 (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 $ 4 $ 1,577 $ 1,577 Business 196 2,631 2,631 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.