1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday December 18, 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 $ 5,511 $ 7,083 $ 4,373 $ 5,451 Tax and Loan Note Accounts (Table V) 53,652 38,243 16,531 46,676 Total Operating Balance 59,163 45,326 20,904 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday December 18, 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) 12 178 987 Commodity Credit Corporation programs 21 702 2,626 Customs and Certain Excise Taxes 89 1,169 7,189 Deposits by States: Supplemental Security Income 0 4 767 Unemployment 9 177 5,112 Education Department programs 85 939 5,280 Energy Department programs 23 212 1,480 Estate and Gift Taxes 65 1,011 5,353 Federal Reserve Earnings 0 849 5,315 Foreign Deposits, Military Sales 5 1,005 3,711 FTD's Received (Table IV) 3,685 39,649 121,526 Housing and Urban Development programs 40 417 1,720 Individual Income and Employment Taxes, Not Withheld 292 3,916 25,433 Interest recd from T&L Depositaries 2 14 220 Justice Department programs 5 98 1,060 Postal Service 448 5,389 23,113 Public Debt Cash Issues (Table III-B) 181 188,712 1,003,016 Other Deposits: Total Other Deposits 0 557 20,526 Change in Balance of Uncollected Funds (closing balance $ 24) 45 78 119 Transfers from Depositaries 18,648 156,322 628,066 Total Federal Reserve Account 23,654 401,401 1,862,619 Tax and Loan Note Accounts: FTD's Received (Table IV) 17,247 139,033 339,108 Transfers from Federal Reserve Account (Table V) 16,810 54,410 295,933 Total Tax and Loan Note Accounts (Table V) 34,056 193,443 635,041 Total Deposits (excluding transfers) 22,253 384,112 1,573,662 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday December 18, 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 196 2,026 14,873 Defense Vendor Payments (EFT) 1,242 14,148 62,775 Education Department programs 512 4,178 17,036 Energy Department programs 140 1,246 6,012 Federal Employees Insurance Payments 155 2,184 10,846 Fed. Highway Administration programs 116 1,463 7,528 Federal Salaries (EFT) 1,291 10,030 34,721 Food and Nutrition Service (misc) 208 1,904 7,377 Food Stamps 165 1,228 4,687 GSA programs 87 803 3,402 Health and Human Services Grants (misc) 238 3,212 15,702 Housing and Urban Development programs 30 3,308 12,279 Interest on Treasury Securities 3 2,451 36,634 Justice Department programs 82 673 3,120 Labor Dept. prgms (excl. unemployment) 33 505 2,608 Medicaid 787 8,678 39,318 Medicare 812 22,590 96,559 NASA programs 40 646 2,194 Postal Service Money Orders and Other 299 2,552 11,040 Public Debt Cash Redemp. (Table III-B) 277 191,698 928,651 Social Security Benefits (EFT) 0 26,707 99,815 Temporary Assistance for Needy Families (HHS) 22 947 3,492 Unemployment Insurance Benefits 131 1,449 5,887 Veterans Affairs programs 104 1,274 5,365 Other Withdrawals: HHS: Indian Health Service 55 141 292 IRS Tax Refunds Business (EFT) 57 907 3,874 Thrift Savings Plan Transfer 97 1,010 4,528 Unclassified 1,237 18,758 68,729 Total, Other Withdrawals 1,446 39,952 134,707 Transfers to Depositaries 16,810 54,410 295,933 Total Federal Reserve Account 25,226 400,263 1,862,559 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 18,648 156,322 628,066 Total Withdrawals (excluding transfers) 8,416 345,853 1,566,626 Net Change in Operating Cash Balance 13,837 38,259 7,036 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday December 18, 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 -6 132,204 734,924 Cash Management Series 0 40,000 56,000 Notes 0 7,998 188,941 Bonds 0 0 0 Inflation-Protected Securities Increment -217 -1,297 -2,108 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 25 270 878 Interest Increment 0 559 1,872 Government Account Series 127,323 1,541,907 6,928,252 Domestic Series 0 0 73 Foreign Series 0 0 0 State and Local Series 109 9,161 28,371 Other 52 996 3,948 Total Issues 127,286 1,731,797 7,941,152 (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 0 184,039 725,253 Notes 0 0 175,650 Bonds 0 6 4,022 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 69 826 3,604 Government Account Series 124,598 1,559,031 6,905,161 Domestic Series 0 0 73 Foreign Series 0 0 0 State and Local Series 156 6,000 16,251 Other 51 827 3,797 Total Redemptions 124,875 1,750,729 7,833,812 Net Change in Public Debt Outstanding 2,411 -18,932 107,340 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday December 18, 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) 127,286 1,731,797 7,941,152 Premium on New Issues 0 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 (-) 127,323 1,541,907 6,928,252 Interest Increment on United States Savings Securities (-) 0 559 1,872 Inflation-Protected Securities Increment -217 -1,297 -2,437 Total Public Debt Cash Issues Deposited in Federal Reserve Account 181 188,712 1,003,016 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 124,875 1,750,729 7,833,812 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 (-) 124,598 1,559,031 6,905,161 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 277 191,698 928,651 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday December 18, 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/ $ 4,927,909 $ 4,928,254 $ 4,929,567 $ 4,843,121 Intragovernmental Holdings 3,686,405 3,683,649 3,703,678 3,663,853 Total Public Debt Outstanding 8,614,314 8,611,903 8,633,246 8,506,974 Less: Debt Not Subject to Limit: Other Debt 505 505 505 506 Unamortized Discount 72,442 72,862 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 8,527,461 8,524,629 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 $4,08 1 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Monday December 18, 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 $ 19,144 $ 95,126 $ 356,157 Individual Income Taxes 9 117 538 Railroad Retirement Taxes 70 254 967 Excise Taxes 37 3,029 12,546 Corporation Income Taxes 715 81,364 100,392 Federal Unemployment Taxes 3 38 862 Estate and Gift Taxes & Misc IRS Rcpts. 4 46 172 Change in Balance of Unclassified Taxes 1,182 2,140 2,111 Total 21,163 182,114 473,744 These Receipts were deposited in: Federal Reserve Account: Directly 99 1,829 8,528 Collector Depositaries 3,586 37,820 112,997 Tax and Loan Accounts 17,247 139,033 339,108 Inter-agency Transfers 231 3,432 13,110 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 25 $ 258 $ 15,960 $ 38,243 Deposits: Taxes Received (Table IV) 17 127 17,102 17,247 Transfers to Depositaries 13 213 9,583 9,810 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 3,000 Repo Investment 0 0 0 4,000 Withdrawals: Treasury Initiated 0 0 0 0 Depositary Initiated 4 64 14,580 14,648 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 4,000 Closing Balance Today 51 535 28,066 53,652 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday December 18, 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 $ 58 $ 835 $ 13,123 Business 75 2,146 10,566 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.