1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday December 08, 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 $ 4,576 $ 4,671 $ 4,373 $ 5,451 Tax and Loan Note Accounts (Table V) 6,662 6,248 16,531 46,676 Total Operating Balance 11,238 10,919 20,904 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday December 08, 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) 12 94 903 Commodity Credit Corporation programs 76 517 2,441 Customs and Certain Excise Taxes 92 559 6,580 Deposits by States: Supplemental Security Income 0 4 766 Unemployment 8 111 5,045 Education Department programs 55 474 4,814 Energy Department programs 4 134 1,402 Estate and Gift Taxes 113 456 4,798 Federal Reserve Earnings 0 387 4,853 Foreign Deposits, Military Sales 40 893 3,599 FTD's Received (Table IV) 1,506 11,687 93,563 Housing and Urban Development programs 0 146 1,449 Individual Income and Employment Taxes, Not Withheld 219 1,461 22,977 Interest recd from T&L Depositaries 0 6 211 Justice Department programs 11 43 1,006 Postal Service 397 2,768 20,492 Public Debt Cash Issues (Table III-B) 97 112,022 926,327 Other Deposits: Air Transport Security Fees 1 2 413 Federal Housing Admin: Note Sales 53 107 424 Total Other Deposits 53 339 20,308 Change in Balance of Uncollected Funds (closing balance $ 93) -10 8 49 Transfers from Depositaries 4,959 53,368 525,113 Total Federal Reserve Account 7,631 185,477 1,646,695 Tax and Loan Note Accounts: FTD's Received (Table IV) 4,182 32,174 232,249 Transfers from Federal Reserve Account (Table V) 1,190 11,326 252,849 Total Tax and Loan Note Accounts (Table V) 5,373 43,499 485,098 Total Deposits (excluding transfers) 6,855 164,282 1,353,832 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday December 08, 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 108 1,056 13,904 Defense Vendor Payments (EFT) 1,281 6,180 54,807 Education Department programs 184 2,050 14,909 Energy Department programs 114 642 5,408 Federal Employees Insurance Payments 124 802 9,463 Fed. Highway Administration programs 270 824 6,889 Federal Salaries (EFT) 112 5,348 30,039 Food and Nutrition Service (misc) 178 807 6,279 Food Stamps 80 485 3,944 GSA programs 19 481 3,081 Health and Human Services Grants (misc) 327 1,520 14,009 Housing and Urban Development programs 120 2,679 11,650 Interest on Treasury Securities 7 752 34,934 Justice Department programs 86 344 2,791 Labor Dept. prgms (excl. unemployment) 49 251 2,354 Medicaid 503 3,988 34,628 Medicare 678 16,163 90,132 NASA programs 69 354 1,902 Postal Service Money Orders and Other 190 1,321 9,809 Public Debt Cash Redemp. (Table III-B) 441 76,046 812,998 Social Security Benefits (EFT) 0 21,496 94,604 Temporary Assistance for Needy Families (HHS) 37 436 2,981 Unemployment Insurance Benefits 92 676 5,113 Veterans Affairs programs 85 711 4,801 Other Withdrawals: Agriculture Loan Payments (misc) 56 56 177 Interior 58 234 2,048 IRS Tax Refunds Business (EFT) 79 286 3,252 Transportation Security Admin. (DHS) 7 32 422 Unclassified 1,183 11,768 61,739 Total, Other Withdrawals 1,384 28,537 123,292 Transfers to Depositaries 1,190 11,326 252,849 Total Federal Reserve Account 7,726 185,274 1,647,570 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 4,959 53,368 525,113 Total Withdrawals (excluding transfers) 6,536 173,949 1,394,721 Net Change in Operating Cash Balance 319 -9,666 -40,889 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday December 08, 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 69,788 672,507 Cash Management Series 0 40,000 56,000 Notes 0 -2 180,941 Bonds 0 0 0 Inflation-Protected Securities Increment -72 -575 -1,386 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 18 146 754 Interest Increment 0 557 1,870 Government Account Series 127,012 779,990 6,166,335 Domestic Series 0 0 73 Foreign Series 0 0 0 State and Local Series 25 2,725 21,935 Other 53 390 3,343 Total Issues 127,036 893,019 7,102,374 (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 70,647 611,861 Notes 0 0 175,650 Bonds 2 3 4,019 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 61 432 3,210 Government Account Series 125,150 794,815 6,140,945 Domestic Series 0 0 73 Foreign Series 0 0 0 State and Local Series 321 4,568 14,819 Other 57 395 3,366 Total Redemptions 125,591 870,861 6,953,944 Net Change in Public Debt Outstanding 1,445 22,158 148,430 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday December 08, 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) 127,036 893,019 7,102,374 Premium on New Issues 0 0 60 Discount on New Issues: Bills (-) 0 1,024 9,300 Bonds and Notes (-) 0 0 315 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 127,012 779,990 6,166,335 Interest Increment on United States Savings Securities (-) 0 557 1,870 Inflation-Protected Securities Increment -72 -575 -1,714 Total Public Debt Cash Issues Deposited in Federal Reserve Account 97 112,022 926,327 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 125,591 870,861 6,953,944 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 (-) 125,150 794,815 6,140,945 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 441 76,046 812,998 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday December 08, 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/ $ 4,966,648 $ 4,967,102 $ 4,929,567 $ 4,843,121 Intragovernmental Holdings 3,688,756 3,686,857 3,703,678 3,663,853 Total Public Debt Outstanding 8,655,404 8,653,959 8,633,246 8,506,974 Less: Debt Not Subject to Limit: Other Debt 505 505 505 506 Unamortized Discount 72,973 73,121 73,120 72,286 Federal Financing Bank 14,000 14,000 14,000 14,000 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 94 94 95 96 Total Public Debt Subject to Limit 8,568,019 8,566,426 8,545,715 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 $1,037 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Friday December 08, 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 $ 5,414 $ 44,658 $ 305,689 Individual Income Taxes 4 37 458 Railroad Retirement Taxes 7 102 816 Excise Taxes 119 288 9,805 Corporation Income Taxes 166 716 19,744 Federal Unemployment Taxes 3 17 841 Estate and Gift Taxes & Misc IRS Rcpts. 10 26 151 Change in Balance of Unclassified Taxes 8 346 317 Total 5,731 46,191 337,821 These Receipts were deposited in: Federal Reserve Account: Directly 45 606 7,305 Collector Depositaries 1,461 11,081 86,258 Tax and Loan Accounts 4,182 32,174 232,249 Inter-agency Transfers 43 2,330 12,009 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 3 $ 25 $ 5,220 $ 6,248 Deposits: Taxes Received (Table IV) 7 62 4,114 4,182 Transfers to Depositaries 0 0 190 190 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,000 Withdrawals: Treasury Initiated 0 0 2,925 2,925 Depositary Initiated 1 9 1,024 1,034 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,000 Closing Balance Today 8 79 5,575 6,662 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday December 08, 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 $ 327 $ 394 $ 12,682 Business 111 1,040 9,461 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.