1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday December 11, 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 $ 5,086 $ 4,576 $ 4,373 $ 5,451 Tax and Loan Note Accounts (Table V) 10,588 6,662 16,531 46,676 Total Operating Balance 15,674 11,238 20,904 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday December 11, 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) 14 108 917 Commodity Credit Corporation programs 23 540 2,464 Customs and Certain Excise Taxes 106 665 6,686 Deposits by States: Supplemental Security Income 0 4 766 Unemployment 10 120 5,055 Education Department programs 69 543 4,884 Energy Department programs 16 150 1,418 Estate and Gift Taxes 66 522 4,864 Federal Reserve Earnings 0 387 4,853 Foreign Deposits, Military Sales 7 899 3,605 FTD's Received (Table IV) 1,720 13,407 95,283 Housing and Urban Development programs 59 205 1,508 Individual Income and Employment Taxes, Not Withheld 263 1,723 23,240 Interest recd from T&L Depositaries 0 6 212 Justice Department programs 17 60 1,022 Postal Service 465 3,233 20,957 Public Debt Cash Issues (Table III-B) 107 112,130 926,435 Other Deposits: Total Other Deposits 0 339 20,308 Change in Balance of Uncollected Funds (closing balance $ 22) 71 79 120 Transfers from Depositaries 6,086 59,454 531,198 Total Federal Reserve Account 9,099 194,576 1,655,794 Tax and Loan Note Accounts: FTD's Received (Table IV) 8,172 40,346 240,421 Transfers from Federal Reserve Account (Table V) 1,840 13,166 254,689 Total Tax and Loan Note Accounts (Table V) 10,012 53,511 495,110 Total Deposits (excluding transfers) 11,185 175,468 1,365,017 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday December 11, 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 208 1,264 14,111 Defense Vendor Payments (EFT) 1,349 7,528 56,156 Education Department programs 243 2,293 15,152 Energy Department programs 98 740 5,506 Federal Employees Insurance Payments 351 1,153 9,815 Fed. Highway Administration programs 98 922 6,986 Federal Salaries (EFT) 76 5,424 30,115 Food and Nutrition Service (misc) 265 1,071 6,544 Food Stamps 215 700 4,160 GSA programs 50 531 3,131 Health and Human Services Grants (misc) 277 1,796 14,286 Housing and Urban Development programs 124 2,804 11,775 Interest on Treasury Securities 6 758 34,940 Justice Department programs 72 415 2,862 Labor Dept. prgms (excl. unemployment) 48 298 2,401 Medicaid 679 4,667 35,308 Medicare 565 16,728 90,697 NASA programs 35 389 1,937 Postal Service Money Orders and Other 237 1,557 10,046 Public Debt Cash Redemp. (Table III-B) 155 76,200 813,153 Social Security Benefits (EFT) 0 21,496 94,604 Temporary Assistance for Needy Families (HHS) 36 472 3,017 Unemployment Insurance Benefits 123 799 5,236 Veterans Affairs programs 127 838 4,929 Other Withdrawals: Thrift Savings Plan Transfer 56 596 4,114 Transportation Security Admin. (DHS) 7 39 429 Unclassified 1,251 13,019 62,990 Total, Other Withdrawals 1,314 29,852 124,607 Transfers to Depositaries 1,840 13,166 254,689 Total Federal Reserve Account 8,589 193,864 1,656,159 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 6,086 59,454 531,198 Total Withdrawals (excluding transfers) 6,749 180,698 1,401,470 Net Change in Operating Cash Balance 4,436 -5,230 -36,453 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday December 11, 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 -3 69,784 672,504 Cash Management Series 0 40,000 56,000 Notes 0 -2 180,941 Bonds 0 0 0 Inflation-Protected Securities Increment -216 -791 -1,602 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 22 167 776 Interest Increment 0 557 1,870 Government Account Series 126,407 906,398 6,292,742 Domestic Series 0 0 73 Foreign Series 0 0 0 State and Local Series 39 2,763 21,974 Other 50 441 3,393 Total Issues 126,298 1,019,318 7,228,672 (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 0 4 4,019 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 74 506 3,284 Government Account Series 126,193 921,008 6,267,139 Domestic Series 0 0 73 Foreign Series 0 0 0 State and Local Series 29 4,597 14,848 Other 51 447 3,417 Total Redemptions 126,348 997,209 7,080,291 Net Change in Public Debt Outstanding -49 22,109 148,381 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday December 11, 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) 126,298 1,019,318 7,228,672 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 (-) 126,407 906,398 6,292,742 Interest Increment on United States Savings Securities (-) 0 557 1,870 Inflation-Protected Securities Increment -216 -791 -1,931 Total Public Debt Cash Issues Deposited in Federal Reserve Account 107 112,130 926,435 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 126,348 997,209 7,080,291 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 (-) 126,193 921,008 6,267,139 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 155 76,200 813,153 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday December 11, 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/ $ 4,966,394 $ 4,966,648 $ 4,929,567 $ 4,843,121 Intragovernmental Holdings 3,688,960 3,688,756 3,703,678 3,663,853 Total Public Debt Outstanding 8,655,355 8,655,404 8,633,246 8,506,974 Less: Debt Not Subject to Limit: Other Debt 505 505 505 506 Unamortized Discount 72,530 72,973 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 8,568,413 8,568,019 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 pl us the inflation compensation, less unamortized discount on bills was $1,03 9 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Monday December 11, 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 $ 9,442 $ 54,100 $ 315,131 Individual Income Taxes 7 45 465 Railroad Retirement Taxes 47 150 863 Excise Taxes 91 379 9,896 Corporation Income Taxes 241 957 19,985 Federal Unemployment Taxes 4 21 845 Estate and Gift Taxes & Misc IRS Rcpts. 2 28 154 Change in Balance of Unclassified Taxes 64 410 381 Total 9,898 56,090 347,719 These Receipts were deposited in: Federal Reserve Account: Directly 62 668 7,367 Collector Depositaries 1,658 12,739 87,916 Tax and Loan Accounts 8,172 40,346 240,421 Inter-agency Transfers 6 2,336 12,015 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 8 $ 79 $ 5,575 $ 6,662 Deposits: Taxes Received (Table IV) 7 52 8,113 8,172 Transfers to Depositaries 0 1 839 840 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,000 Withdrawals: Treasury Initiated 0 0 689 689 Depositary Initiated 1 7 4,389 4,397 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,000 Closing Balance Today 14 124 9,450 10,588 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday December 11, 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 $ 8 $ 402 $ 12,689 Business 90 1,130 9,550 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.