1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday October 17, 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 $ 5,123 $ 4,962 $ 5,451 $ 5,451 Tax and Loan Note Accounts (Table V) 7,067 7,528 46,676 46,676 Total Operating Balance 12,190 12,490 52,127 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday October 17, 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) 19 246 246 Commodity Credit Corporation programs 36 420 420 Customs and Certain Excise Taxes 106 1,118 1,118 Deposits by States: Supplemental Security Income 0 7 7 Unemployment 39 240 240 Education Department programs 69 1,128 1,128 Energy Department programs 7 190 190 Estate and Gift Taxes 104 1,263 1,263 Federal Reserve Earnings 0 1,083 1,083 Foreign Deposits, Military Sales 5 1,280 1,280 FTD's Received (Table IV) 1,125 23,650 23,650 Housing and Urban Development programs 24 341 341 Individual Income and Employment Taxes, Not Withheld 1,282 5,529 5,529 Interest recd from T&L Depositaries 0 71 71 Justice Department programs 9 194 194 Postal Service 478 5,156 5,156 Public Debt Cash Issues (Table III-B) 1,098 165,621 165,621 Other Deposits: Defense Finance & Accounting Service 58 413 413 Pension Benefit Guaranty Corp. 88 234 234 Total Other Deposits 146 1,989 1,989 Change in Balance of Uncollected Funds (closing balance $ 79) -50 63 63 Transfers from Depositaries 4,338 157,253 157,253 Total Federal Reserve Account 8,835 366,842 366,842 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,644 67,544 67,544 Transfers from Federal Reserve Account (Table V) 2,233 50,099 50,099 Total Tax and Loan Note Accounts (Table V) 3,877 117,643 117,643 Total Deposits (excluding transfers) 6,141 277,134 277,134 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday October 17, 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 393 5,855 5,855 Defense Vendor Payments (EFT) 1,166 11,862 11,862 Education Department programs 397 2,711 2,711 Energy Department programs 56 1,078 1,078 Federal Employees Insurance Payments 142 2,089 2,089 Fed. Highway Administration programs 167 1,688 1,688 Federal Salaries (EFT) 197 6,293 6,293 Food and Nutrition Service (misc) 121 1,619 1,619 Food Stamps 85 1,234 1,234 GSA programs 63 806 806 Health and Human Services Grants (misc) 179 2,942 2,942 Housing and Urban Development programs 33 3,291 3,291 Interest on Treasury Securities 4 6,475 6,475 Justice Department programs 18 737 737 Labor Dept. prgms (excl. unemployment) 32 410 410 Medicaid 486 9,032 9,032 Medicare 1,126 26,004 26,004 NASA programs 34 235 235 Postal Service Money Orders and Other 156 2,393 2,393 Public Debt Cash Redemp. (Table III-B) 204 172,595 172,595 Social Security Benefits (EFT) 0 26,472 26,472 Temporary Assistance for Needy Families (HHS) 28 791 791 Unemployment Insurance Benefits 117 1,161 1,161 Veterans Affairs programs 73 1,171 1,171 Other Withdrawals: Emergency Prep & Response (DHS) 53 481 481 Interior 50 433 433 Thrift Savings Plan Transfer 105 835 835 Transportation Security Admin. (DHS) 11 70 70 Unclassified 946 14,455 14,455 Total, Other Withdrawals 1,165 28,126 28,126 Transfers to Depositaries 2,233 50,099 50,099 Total Federal Reserve Account 8,674 367,170 367,170 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 4,338 157,253 157,253 Total Withdrawals (excluding transfers) 6,441 317,071 317,071 Net Change in Operating Cash Balance -300 -39,937 -39,937 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday October 17, 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 0 111,002 111,002 Cash Management Series 0 0 0 Notes 0 51,411 51,411 Bonds 0 0 0 Inflation-Protected Securities Increment 25 522 522 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 8 144 144 Interest Increment 0 769 769 Government Account Series 129,263 1,420,397 1,420,397 Domestic Series 0 73 73 Foreign Series 0 0 0 State and Local Series 1,044 3,910 3,910 Other 47 691 691 Total Issues 130,387 1,588,919 1,588,919 (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 0 54,116 54,116 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 68 969 969 Government Account Series 123,100 1,379,256 1,379,256 Domestic Series 0 73 73 Foreign Series 0 0 0 State and Local Series 89 4,711 4,711 Other 48 716 716 Total Redemptions 123,304 1,551,851 1,551,851 Net Change in Public Debt Outstanding 7,083 37,068 37,068 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday October 17, 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) 130,387 1,588,919 1,588,919 Premium on New Issues 0 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 (-) 129,263 1,420,397 1,420,397 Interest Increment on United States Savings Securities (-) 0 769 769 Inflation-Protected Securities Increment 25 440 440 Total Public Debt Cash Issues Deposited in Federal Reserve Account 1,098 165,621 165,621 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 123,304 1,551,851 1,551,851 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 (-) 123,100 1,379,256 1,379,256 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 204 172,595 172,595 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday October 17, 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/ $ 4,839,141 $ 4,838,392 $ 4,843,121 $ 4,843,121 Intragovernmental Holdings 3,704,901 3,698,567 3,663,853 3,663,853 Total Public Debt Outstanding 8,544,042 8,536,959 8,506,974 8,506,974 Less: Debt Not Subject to Limit: Other Debt 506 506 506 506 Unamortized Discount 71,763 71,893 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 8,457,868 8,450,656 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 plus the inflation compensation, less unamortized discount on bills was $1,628. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Tuesday October 17, 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 $ 1,919 $ 79,336 $ 79,336 Individual Income Taxes 39 152 152 Railroad Retirement Taxes 1 256 256 Excise Taxes 9 1,058 1,058 Corporation Income Taxes 134 11,581 11,581 Federal Unemployment Taxes 7 64 64 Estate and Gift Taxes & Misc IRS Rcpts. 1 31 31 Change in Balance of Unclassified Taxes 680 1,682 1,682 Total 2,789 94,159 94,159 These Receipts were deposited in: Federal Reserve Account: Directly 62 1,625 1,625 Collector Depositaries 1,063 22,026 22,026 Tax and Loan Accounts 1,644 67,544 67,544 Inter-agency Transfers 20 2,965 2,965 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 23 $ 186 $ 2,015 $ 7,528 Deposits: Taxes Received (Table IV) 13 78 1,554 1,644 Transfers to Depositaries 0 0 632 633 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,600 Withdrawals: Treasury Initiated 0 0 1,863 1,864 Depositary Initiated 2 26 646 675 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,800 Closing Balance Today 34 238 1,691 7,067 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday October 17, 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 $ 3 $ 1,581 $ 1,581 Business 398 3,029 3,029 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.