1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday October 18, 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 $ 5,540 $ 5,123 $ 5,451 $ 5,451 Tax and Loan Note Accounts (Table V) 9,382 7,067 46,676 46,676 Total Operating Balance 14,922 12,190 52,127 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday October 18, 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) 10 256 256 Commodity Credit Corporation programs 40 459 459 Customs and Certain Excise Taxes 117 1,236 1,236 Deposits by States: Supplemental Security Income 0 7 7 Unemployment 49 289 289 Education Department programs 97 1,225 1,225 Energy Department programs 11 201 201 Estate and Gift Taxes 114 1,377 1,377 Federal Reserve Earnings 428 1,511 1,511 Foreign Deposits, Military Sales 8 1,288 1,288 FTD's Received (Table IV) 3,696 27,346 27,346 Housing and Urban Development programs 21 362 362 Individual Income and Employment Taxes, Not Withheld 1,407 6,936 6,936 Interest recd from T&L Depositaries 0 71 71 Justice Department programs 5 199 199 Postal Service 382 5,539 5,539 Public Debt Cash Issues (Table III-B) 1,119 166,740 166,740 Other Deposits: Corps of Engineers 78 410 410 Federal Communications Commission 3,634 4,185 4,185 Total Other Deposits 3,712 5,701 5,701 Change in Balance of Uncollected Funds (closing balance $ 94) -15 49 49 Transfers from Depositaries 6,138 163,390 163,390 Total Federal Reserve Account 17,341 384,183 384,183 Tax and Loan Note Accounts: FTD's Received (Table IV) 3,769 71,313 71,313 Transfers from Federal Reserve Account (Table V) 4,684 54,782 54,782 Total Tax and Loan Note Accounts (Table V) 8,453 126,096 126,096 Total Deposits (excluding transfers) 14,972 292,106 292,106 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday October 18, 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 443 6,298 6,298 Defense Vendor Payments (EFT) 930 12,792 12,792 Education Department programs 408 3,119 3,119 Energy Department programs 120 1,198 1,198 Federal Employees Insurance Payments 284 2,374 2,374 Fed. Highway Administration programs 168 1,856 1,856 Federal Salaries (EFT) 115 6,408 6,408 Food and Nutrition Service (misc) 166 1,785 1,785 Food Stamps 56 1,290 1,290 GSA programs 68 875 875 Health and Human Services Grants (misc) 187 3,130 3,130 Housing and Urban Development programs 164 3,455 3,455 Interest on Treasury Securities 2 6,478 6,478 Justice Department programs 61 798 798 Labor Dept. prgms (excl. unemployment) 31 442 442 Medicaid 932 9,965 9,965 Medicare 1,489 27,493 27,493 NASA programs 8 243 243 Postal Service Money Orders and Other 142 2,535 2,535 Public Debt Cash Redemp. (Table III-B) 105 172,700 172,700 Social Security Benefits (EFT) 4,972 31,444 31,444 Temporary Assistance for Needy Families (HHS) 10 801 801 Unemployment Insurance Benefits 133 1,294 1,294 Veterans Affairs programs 79 1,250 1,250 Other Withdrawals: Agency for Internat'l Development 50 764 764 Federal Aviation Administration 69 464 464 Federal Financing Bank (net) 62 -184 -184 International Monetary Fund -226 -1,049 -1,049 IRS Tax Refunds Business (EFT) 121 919 919 Transportation Security Admin. (DHS) 16 86 86 Unclassified 1,072 15,527 15,527 Total, Other Withdrawals 1,164 29,290 29,290 Transfers to Depositaries 4,684 54,782 54,782 Total Federal Reserve Account 16,924 384,094 384,094 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 6,138 163,390 163,390 Total Withdrawals (excluding transfers) 12,240 329,311 329,311 Net Change in Operating Cash Balance 2,732 -37,205 -37,205 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday October 18, 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 26 548 548 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 9 153 153 Interest Increment 0 769 769 Government Account Series 122,955 1,543,352 1,543,352 Domestic Series 0 73 73 Foreign Series 0 0 0 State and Local Series 1,064 4,974 4,974 Other 46 737 737 Total Issues 124,100 1,713,019 1,713,019 (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 58 1,027 1,027 Government Account Series 127,985 1,507,241 1,507,241 Domestic Series 0 73 73 Foreign Series 0 0 0 State and Local Series 0 4,711 4,711 Other 47 763 763 Total Redemptions 128,090 1,679,942 1,679,942 Net Change in Public Debt Outstanding -3,990 33,078 33,078 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday October 18, 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) 124,100 1,713,019 1,713,019 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 (-) 122,955 1,543,352 1,543,352 Interest Increment on United States Savings Securities (-) 0 769 769 Inflation-Protected Securities Increment 26 466 466 Total Public Debt Cash Issues Deposited in Federal Reserve Account 1,119 166,740 166,740 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 128,090 1,679,942 1,679,942 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 (-) 127,985 1,507,241 1,507,241 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 105 172,700 172,700 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday October 18, 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/ $ 4,840,387 $ 4,839,141 $ 4,843,121 $ 4,843,121 Intragovernmental Holdings 3,699,664 3,704,901 3,663,853 3,663,853 Total Public Debt Outstanding 8,540,052 8,544,042 8,506,974 8,506,974 Less: Debt Not Subject to Limit: Other Debt 506 506 506 506 Unamortized Discount 71,633 71,763 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 8,454,008 8,457,868 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 $1,755. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Wednesday October 18, 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 $ 7,206 $ 86,542 $ 86,542 Individual Income Taxes 66 218 218 Railroad Retirement Taxes 3 259 259 Excise Taxes 10 1,068 1,068 Corporation Income Taxes 253 11,834 11,834 Federal Unemployment Taxes 8 72 72 Estate and Gift Taxes & Misc IRS Rcpts. 15 46 46 Change in Balance of Unclassified Taxes -83 1,599 1,599 Total 7,478 101,637 101,637 These Receipts were deposited in: Federal Reserve Account: Directly 84 1,709 1,709 Collector Depositaries 3,612 25,637 25,637 Tax and Loan Accounts 3,769 71,313 71,313 Inter-agency Transfers 13 2,977 2,977 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 34 $ 238 $ 1,691 $ 7,067 Deposits: Taxes Received (Table IV) 9 83 3,677 3,769 Transfers to Depositaries 0 2 2,982 2,984 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,700 Withdrawals: Treasury Initiated 0 0 2,200 2,200 Depositary Initiated 2 36 2,299 2,338 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,600 Closing Balance Today 40 287 3,850 9,382 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday October 18, 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 $ 2 $ 1,583 $ 1,583 Business 195 3,224 3,224 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.