1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday December 12, 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 $ 5,192 $ 5,086 $ 4,373 $ 5,451 Tax and Loan Note Accounts (Table V) 7,221 10,588 16,531 46,676 Total Operating Balance 12,414 15,674 20,904 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday December 12, 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) 23 131 940 Commodity Credit Corporation programs 30 570 2,493 Customs and Certain Excise Taxes 99 764 6,785 Deposits by States: Supplemental Security Income 0 4 766 Unemployment 15 135 5,070 Education Department programs 78 621 4,962 Energy Department programs 13 163 1,431 Estate and Gift Taxes 67 589 4,931 Federal Reserve Earnings 0 387 4,853 Foreign Deposits, Military Sales 4 904 3,610 FTD's Received (Table IV) 898 14,305 96,181 Housing and Urban Development programs 43 248 1,551 Individual Income and Employment Taxes, Not Withheld 351 2,074 23,591 Interest recd from T&L Depositaries 0 6 212 Justice Department programs 11 71 1,033 Postal Service 492 3,725 21,449 Public Debt Cash Issues (Table III-B) 1,427 113,557 927,862 Other Deposits: Defense Finance & Accounting Service 52 269 1,686 Total Other Deposits 52 391 20,360 Change in Balance of Uncollected Funds (closing balance $ 118) -96 -16 25 Transfers from Depositaries 6,250 65,703 537,448 Total Federal Reserve Account 9,757 204,333 1,665,551 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,638 41,984 242,059 Transfers from Federal Reserve Account (Table V) 1,244 14,410 255,933 Total Tax and Loan Note Accounts (Table V) 2,883 56,394 497,993 Total Deposits (excluding transfers) 5,146 180,614 1,370,163 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday December 12, 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 134 1,398 14,245 Defense Vendor Payments (EFT) 1,602 9,131 57,758 Education Department programs 473 2,766 15,625 Energy Department programs 61 801 5,567 Federal Employees Insurance Payments 185 1,339 10,000 Fed. Highway Administration programs 116 1,038 7,103 Federal Salaries (EFT) 296 5,720 30,411 Food and Nutrition Service (misc) 180 1,251 6,724 Food Stamps 98 799 4,258 GSA programs 52 584 3,183 Health and Human Services Grants (misc) 326 2,122 14,612 Housing and Urban Development programs 126 2,930 11,901 Interest on Treasury Securities 3 760 34,943 Justice Department programs 49 465 2,912 Labor Dept. prgms (excl. unemployment) 30 328 2,431 Medicaid 926 5,593 36,233 Medicare 1,062 17,790 91,759 NASA programs 55 444 1,992 Postal Service Money Orders and Other 175 1,732 10,220 Public Debt Cash Redemp. (Table III-B) 118 76,318 813,271 Social Security Benefits (EFT) 0 21,496 94,604 Temporary Assistance for Needy Families (HHS) 80 552 3,097 Unemployment Insurance Benefits 147 946 5,383 Veterans Affairs programs 112 950 5,041 Other Withdrawals: Customs and Borders Protection (DHS) 340 934 3,811 Federal Crop Ins. Corp. 51 51 51 IRS Tax Refunds Business (EFT) 410 731 3,697 State Department 89 332 930 Thrift Savings Plan Transfer 70 665 4,184 Transportation Security Admin. (DHS) 1 40 430 Unclassified 1,039 14,058 64,029 Total, Other Withdrawals 1,999 31,851 126,606 Transfers to Depositaries 1,244 14,410 255,933 Total Federal Reserve Account 9,650 203,514 1,665,810 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 6,250 65,703 537,448 Total Withdrawals (excluding transfers) 8,406 189,104 1,409,876 Net Change in Operating Cash Balance -3,260 -8,490 -39,713 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday December 12, 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 69,784 672,504 Cash Management Series 0 40,000 56,000 Notes 0 -2 180,941 Bonds 0 0 0 Inflation-Protected Securities Increment -72 -863 -1,675 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 17 185 793 Interest Increment 0 557 1,871 Government Account Series 129,435 1,035,832 6,422,177 Domestic Series 0 0 73 Foreign Series 0 0 0 State and Local Series 1,361 4,125 23,335 Other 49 490 3,442 Total Issues 130,790 1,150,108 7,359,462 (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 68 574 3,353 Government Account Series 125,595 1,046,603 6,392,734 Domestic Series 0 0 73 Foreign Series 0 0 0 State and Local Series 0 4,597 14,848 Other 50 496 3,467 Total Redemptions 125,713 1,122,922 7,206,005 Net Change in Public Debt Outstanding 5,077 27,186 153,457 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday December 12, 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) 130,790 1,150,108 7,359,462 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 (-) 129,435 1,035,832 6,422,177 Interest Increment on United States Savings Securities (-) 0 557 1,871 Inflation-Protected Securities Increment -72 -863 -2,003 Total Public Debt Cash Issues Deposited in Federal Reserve Account 1,427 113,557 927,862 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 125,713 1,122,922 7,206,005 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 (-) 125,595 1,046,603 6,392,734 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 118 76,318 813,271 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday December 12, 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/ $ 4,967,561 $ 4,966,394 $ 4,929,567 $ 4,843,121 Intragovernmental Holdings 3,692,870 3,688,960 3,703,678 3,663,853 Total Public Debt Outstanding 8,660,431 8,655,355 8,633,246 8,506,974 Less: Debt Not Subject to Limit: Other Debt 505 505 505 506 Unamortized Discount 72,383 72,530 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 8,573,637 8,568,413 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 $944 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Tuesday December 12, 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 $ 2,382 $ 56,482 $ 317,513 Individual Income Taxes 7 52 472 Railroad Retirement Taxes 1 151 864 Excise Taxes 382 761 10,278 Corporation Income Taxes 323 1,280 20,308 Federal Unemployment Taxes 3 24 848 Estate and Gift Taxes & Misc IRS Rcpts. 3 31 156 Change in Balance of Unclassified Taxes -43 367 338 Total 3,059 59,148 350,778 These Receipts were deposited in: Federal Reserve Account: Directly 80 748 7,447 Collector Depositaries 818 13,557 88,734 Tax and Loan Accounts 1,638 41,984 242,059 Inter-agency Transfers 523 2,859 12,538 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 14 $ 124 $ 9,450 $ 10,588 Deposits: Taxes Received (Table IV) 5 43 1,590 1,638 Transfers to Depositaries 0 0 244 244 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 4,729 4,729 Depositary Initiated 1 10 509 521 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,000 Closing Balance Today 19 157 6,046 7,221 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday December 12, 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 $ 43 $ 445 $ 12,733 Business 685 1,815 10,235 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.