1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday October 24, 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 $ 5,862 $ 4,843 $ 5,451 $ 5,451 Tax and Loan Note Accounts (Table V) 20,165 22,153 46,676 46,676 Total Operating Balance 26,027 26,996 52,127 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday October 24, 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) 18 342 342 Commodity Credit Corporation programs 23 577 577 Customs and Certain Excise Taxes 857 2,432 2,432 Deposits by States: Supplemental Security Income 0 8 8 Unemployment 80 515 515 Education Department programs 76 1,583 1,583 Energy Department programs 46 331 331 Estate and Gift Taxes 136 1,835 1,835 Federal Reserve Earnings 0 1,511 1,511 Foreign Deposits, Military Sales 5 1,734 1,734 FTD's Received (Table IV) 552 31,665 31,665 Housing and Urban Development programs 49 506 506 Individual Income and Employment Taxes, Not Withheld 2,183 14,619 14,619 Interest recd from T&L Depositaries 1 75 75 Justice Department programs 164 493 493 Postal Service 464 7,104 7,104 Public Debt Cash Issues (Table III-B) 413 226,439 226,439 Other Deposits: Air Transport Security Fees 1 30 30 Defense Finance & Accounting Service 52 555 555 Total Other Deposits 52 12,996 12,996 Change in Balance of Uncollected Funds (closing balance $ 135) -81 7 7 Transfers from Depositaries 6,926 194,119 194,119 Total Federal Reserve Account 11,964 498,891 498,891 Tax and Loan Note Accounts: FTD's Received (Table IV) 838 84,581 84,581 Transfers from Federal Reserve Account (Table V) 4,101 83,027 83,027 Total Tax and Loan Note Accounts (Table V) 4,939 167,608 167,608 Total Deposits (excluding transfers) 5,876 389,354 389,354 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday October 24, 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 249 7,757 7,757 Defense Vendor Payments (EFT) 1,416 17,971 17,971 Education Department programs 228 4,408 4,408 Energy Department programs 130 1,703 1,703 Federal Employees Insurance Payments 163 3,008 3,008 Fed. Highway Administration programs 129 2,423 2,423 Federal Salaries (EFT) 415 10,738 10,738 Food and Nutrition Service (misc) 81 2,225 2,225 Food Stamps 44 1,519 1,519 GSA programs 38 1,039 1,039 Health and Human Services Grants (misc) 195 4,132 4,132 Housing and Urban Development programs 87 3,841 3,841 Interest on Treasury Securities 3 6,488 6,488 Justice Department programs 69 1,091 1,091 Labor Dept. prgms (excl. unemployment) 49 620 620 Medicaid 437 12,313 12,313 Medicare 1,534 32,626 32,626 NASA programs 12 312 312 Postal Service Money Orders and Other 201 3,377 3,377 Public Debt Cash Redemp. (Table III-B) 103 226,762 226,762 Social Security Benefits (EFT) 0 31,444 31,444 Temporary Assistance for Needy Families (HHS) 17 903 903 Unemployment Insurance Benefits 117 1,688 1,688 Veterans Affairs programs 74 1,682 1,682 Other Withdrawals: Interior 189 801 801 IRS Tax Refunds Business (EFT) 73 1,227 1,227 Thrift Savings Plan Transfer 134 1,351 1,351 Transportation Security Admin. (DHS) 1 116 116 USDA: Forest Service 72 144 144 Unclassified 586 19,174 19,174 Total, Other Withdrawals 1,054 35,381 35,381 Transfers to Depositaries 4,101 83,027 83,027 Total Federal Reserve Account 10,945 498,480 498,480 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 6,926 194,119 194,119 Total Withdrawals (excluding transfers) 6,845 415,453 415,453 Net Change in Operating Cash Balance -969 -26,100 -26,100 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday October 24, 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 0 170,478 170,478 Cash Management Series 0 0 0 Notes 0 51,411 51,411 Bonds 0 0 0 Inflation-Protected Securities Increment 26 702 702 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 7 198 198 Interest Increment 0 771 771 Government Account Series 125,987 2,046,445 2,046,445 Domestic Series 0 73 73 Foreign Series 0 0 0 State and Local Series 358 5,737 5,737 Other 48 1,027 1,027 Total Issues 126,426 2,276,843 2,276,843 (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 0 165,490 165,490 Notes 0 54,116 54,116 Bonds 0 1 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 53 1,229 1,229 Government Account Series 122,579 2,002,563 2,002,563 Domestic Series 0 73 73 Foreign Series 0 0 0 State and Local Series 1 4,801 4,801 Other 49 1,052 1,052 Total Redemptions 122,682 2,229,325 2,229,325 Net Change in Public Debt Outstanding 3,744 47,518 47,518 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday October 24, 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) 126,426 2,276,843 2,276,843 Premium on New Issues 0 60 60 Discount on New Issues: Bills (-) 0 2,557 2,557 Bonds and Notes (-) 0 70 70 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 125,987 2,046,445 2,046,445 Interest Increment on United States Savings Securities (-) 0 771 771 Inflation-Protected Securities Increment 26 620 620 Total Public Debt Cash Issues Deposited in Federal Reserve Account 413 226,439 226,439 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 122,682 2,229,325 2,229,325 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 (-) 122,579 2,002,563 2,002,563 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 103 226,762 226,762 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday October 24, 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/ $ 4,847,383 $ 4,846,998 $ 4,843,121 $ 4,843,121 Intragovernmental Holdings 3,707,108 3,703,749 3,663,853 3,663,853 Total Public Debt Outstanding 8,554,492 8,550,747 8,506,974 8,506,974 Less: Debt Not Subject to Limit: Other Debt 505 505 506 506 Unamortized Discount 71,724 71,855 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 8,468,357 8,464,482 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 $4,108. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Tuesday October 24, 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 $ 1,960 $ 105,977 $ 105,977 Individual Income Taxes 7 262 262 Railroad Retirement Taxes 1 299 299 Excise Taxes 74 1,207 1,207 Corporation Income Taxes 76 12,079 12,079 Federal Unemployment Taxes 13 114 114 Estate and Gift Taxes & Misc IRS Rcpts. 1 54 54 Change in Balance of Unclassified Taxes -346 274 274 Total 1,785 120,266 120,266 These Receipts were deposited in: Federal Reserve Account: Directly 100 2,046 2,046 Collector Depositaries 451 29,619 29,619 Tax and Loan Accounts 838 84,581 84,581 Inter-agency Transfers 395 4,020 4,020 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 54 $ 397 $ 3,697 $ 22,153 Deposits: Taxes Received (Table IV) 4 29 805 838 Transfers to Depositaries 0 0 100 101 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 4,000 Withdrawals: Treasury Initiated 54 397 2,125 2,576 Depositary Initiated 1 2 347 349 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 4,000 Closing Balance Today 4 28 2,130 20,165 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday October 24, 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 $ 2,480 $ 2,480 Business 550 4,373 4,373 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.