1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday December 15, 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 $ 7,083 $ 5,087 $ 4,373 $ 5,451 Tax and Loan Note Accounts (Table V) 38,243 88 16,531 46,676 Total Operating Balance 45,326 5,176 20,904 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday December 15, 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) 14 166 975 Commodity Credit Corporation programs 47 681 2,605 Customs and Certain Excise Taxes 90 1,080 7,101 Deposits by States: Supplemental Security Income 0 4 767 Unemployment 12 169 5,103 Education Department programs 43 854 5,195 Energy Department programs 18 189 1,456 Estate and Gift Taxes 99 946 5,288 Federal Reserve Earnings 0 849 5,315 Foreign Deposits, Military Sales 60 1,000 3,706 FTD's Received (Table IV) 15,333 35,964 117,841 Housing and Urban Development programs 40 377 1,681 Individual Income and Employment Taxes, Not Withheld 283 3,624 25,141 Interest recd from T&L Depositaries 0 13 218 Justice Department programs 8 93 1,055 Postal Service 395 4,942 22,665 Public Debt Cash Issues (Table III-B) 9,348 188,531 1,002,836 Other Deposits: Air Transport Security Fees 1 4 415 Interntl Security Assistance (DSCA) 166 166 166 Total Other Deposits 166 557 20,526 Change in Balance of Uncollected Funds (closing balance $ 68) 49 33 74 Transfers from Depositaries 53,035 137,674 609,418 Total Federal Reserve Account 79,040 377,747 1,838,965 Tax and Loan Note Accounts: FTD's Received (Table IV) 69,167 121,786 321,862 Transfers from Federal Reserve Account (Table V) 22,022 37,600 279,123 Total Tax and Loan Note Accounts (Table V) 91,189 159,386 600,985 Total Deposits (excluding transfers) 95,172 361,859 1,551,408 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday December 15, 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 127 1,830 14,677 Defense Vendor Payments (EFT) 1,238 12,906 61,533 Education Department programs 459 3,666 16,524 Energy Department programs 96 1,106 5,872 Federal Employees Insurance Payments 143 2,030 10,691 Fed. Highway Administration programs 78 1,347 7,412 Federal Salaries (EFT) 2,646 8,739 33,430 Food and Nutrition Service (misc) 159 1,696 7,169 Food Stamps 102 1,062 4,521 GSA programs 14 716 3,316 Health and Human Services Grants (misc) 399 2,974 15,463 Housing and Urban Development programs 106 3,278 12,249 Interest on Treasury Securities 1,681 2,448 36,631 Justice Department programs 49 591 3,038 Labor Dept. prgms (excl. unemployment) 62 472 2,575 Medicaid 396 7,891 38,531 Medicare 1,555 21,778 95,747 NASA programs 27 606 2,154 Postal Service Money Orders and Other 193 2,253 10,741 Public Debt Cash Redemp. (Table III-B) 41,249 191,422 928,374 Social Security Benefits (EFT) 0 26,707 99,815 Temporary Assistance for Needy Families (HHS) 209 924 3,469 Unemployment Insurance Benefits 97 1,318 5,755 Veterans Affairs programs 89 1,170 5,261 Other Withdrawals: Emergency Prep & Response (DHS) 52 409 2,144 Federal Crop Ins. Corp. 57 161 161 Interior 59 456 2,270 Military Active Duty Pay (EFT) 2,283 5,424 13,258 Overseas Private Investment Co. (net) 152 152 152 Thrift Savings Plan Transfer 97 913 4,432 Transportation Security Admin. (DHS) 8 67 457 Unclassified 1,140 17,521 67,492 Total, Other Withdrawals 3,848 38,506 133,261 Transfers to Depositaries 22,022 37,600 279,123 Total Federal Reserve Account 77,045 375,037 1,837,333 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 53,035 137,674 609,418 Total Withdrawals (excluding transfers) 55,022 337,437 1,558,210 Net Change in Operating Cash Balance 40,150 24,422 -6,802 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday December 15, 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 0 132,210 734,930 Cash Management Series 0 40,000 56,000 Notes 8,000 7,998 188,941 Bonds 0 0 0 Inflation-Protected Securities Increment -72 -1,080 -1,891 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 23 245 853 Interest Increment 0 558 1,872 Government Account Series 125,472 1,414,585 6,800,929 Domestic Series 0 0 73 Foreign Series 0 0 0 State and Local Series 1,034 9,051 28,262 Other 263 944 3,896 Total Issues 134,720 1,604,511 7,813,866 (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 40,000 184,039 725,253 Notes 0 0 175,650 Bonds 0 6 4,022 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 56 757 3,535 Government Account Series 130,375 1,434,433 6,780,563 Domestic Series 0 0 73 Foreign Series 0 0 0 State and Local Series 1,106 5,844 16,096 Other 87 775 3,746 Total Redemptions 171,624 1,625,854 7,708,937 Net Change in Public Debt Outstanding -36,904 -21,343 104,929 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday December 15, 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) 134,720 1,604,511 7,813,866 Premium on New Issues 28 28 88 Discount on New Issues: Bills (-) 0 1,945 10,221 Bonds and Notes (-) 0 0 315 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 125,472 1,414,585 6,800,929 Interest Increment on United States Savings Securities (-) 0 558 1,872 Inflation-Protected Securities Increment -72 -1,080 -2,219 Total Public Debt Cash Issues Deposited in Federal Reserve Account 9,348 188,531 1,002,836 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 171,624 1,625,854 7,708,937 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 (-) 130,375 1,434,433 6,780,563 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 41,249 191,422 928,374 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday December 15, 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/ $ 4,928,254 $ 4,960,187 $ 4,929,567 $ 4,843,121 Intragovernmental Holdings 3,683,649 3,688,619 3,703,678 3,663,853 Total Public Debt Outstanding 8,611,903 8,648,806 8,633,246 8,506,974 Less: Debt Not Subject to Limit: Other Debt 505 505 505 506 Unamortized Discount 72,862 73,008 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 8,524,629 8,561,387 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 $3,99 8 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Friday December 15, 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 $ 10,908 $ 75,982 $ 337,013 Individual Income Taxes 29 108 528 Railroad Retirement Taxes 14 184 897 Excise Taxes 103 2,993 12,509 Corporation Income Taxes 73,381 80,649 99,677 Federal Unemployment Taxes 5 35 859 Estate and Gift Taxes & Misc IRS Rcpts. 1 43 168 Change in Balance of Unclassified Taxes 375 958 929 Total 84,816 160,951 452,581 These Receipts were deposited in: Federal Reserve Account: Directly 257 1,731 8,429 Collector Depositaries 15,076 34,234 109,411 Tax and Loan Accounts 69,167 121,786 321,862 Inter-agency Transfers 316 3,201 12,879 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 7 $ 81 $ 0 $ 88 Deposits: Taxes Received (Table IV) 25 281 68,861 69,167 Transfers to Depositaries 0 0 22 22 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 18,000 Repo Investment 0 0 0 4,000 Withdrawals: Treasury Initiated 0 0 10,367 10,367 Depositary Initiated 7 105 42,557 42,668 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 25 258 15,960 38,243 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday December 15, 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 $ 309 $ 778 $ 13,065 Business 80 2,071 10,491 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.