1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday December 20, 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 $ 5,436 $ 5,181 $ 4,373 $ 5,451 Tax and Loan Note Accounts (Table V) 54,288 51,938 16,531 46,676 Total Operating Balance 59,724 57,118 20,904 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday December 20, 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) 16 212 1,021 Commodity Credit Corporation programs 45 769 2,692 Customs and Certain Excise Taxes 100 1,379 7,399 Deposits by States: Supplemental Security Income 0 5 767 Unemployment 11 201 5,135 Education Department programs 46 1,058 5,399 Energy Department programs 34 253 1,521 Estate and Gift Taxes 101 1,181 5,523 Federal Reserve Earnings 211 1,060 5,526 Foreign Deposits, Military Sales 55 1,255 3,961 FTD's Received (Table IV) 4,651 45,247 127,123 Housing and Urban Development programs 41 484 1,787 Individual Income and Employment Taxes, Not Withheld 666 5,014 26,531 Interest recd from T&L Depositaries 1 15 221 Justice Department programs 109 222 1,185 Postal Service 449 6,392 24,116 Public Debt Cash Issues (Table III-B) 2,274 191,806 1,006,111 Other Deposits: Air Transport Security Fees 1 5 416 Minerals Management Svc/Collections 213 306 2,186 Total Other Deposits 214 832 20,801 Change in Balance of Uncollected Funds (closing balance $ 157) -62 -55 -14 Transfers from Depositaries 10,782 177,952 649,697 Total Federal Reserve Account 19,745 435,282 1,896,500 Tax and Loan Note Accounts: FTD's Received (Table IV) 5,029 146,073 346,149 Transfers from Federal Reserve Account (Table V) 8,104 69,636 311,160 Total Tax and Loan Note Accounts (Table V) 13,133 215,710 657,309 Total Deposits (excluding transfers) 13,992 403,403 1,592,953 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday December 20, 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 188 2,338 15,186 Defense Vendor Payments (EFT) 1,072 16,605 65,233 Education Department programs 368 4,816 17,675 Energy Department programs 143 1,459 6,225 Federal Employees Insurance Payments 177 2,513 11,175 Fed. Highway Administration programs 147 1,769 7,833 Federal Salaries (EFT) 146 10,641 35,332 Food and Nutrition Service (misc) 183 2,200 7,672 Food Stamps 56 1,364 4,823 GSA programs 53 899 3,499 Health and Human Services Grants (misc) 314 3,754 16,243 Housing and Urban Development programs 136 3,562 12,533 Interest on Treasury Securities 6 2,460 36,642 Justice Department programs 50 760 3,207 Labor Dept. prgms (excl. unemployment) 79 616 2,719 Medicaid 415 9,660 40,300 Medicare 1,397 25,422 99,391 NASA programs 148 818 2,366 Postal Service Money Orders and Other 161 2,909 11,397 Public Debt Cash Redemp. (Table III-B) 343 192,164 929,116 Social Security Benefits (EFT) 5,154 31,861 104,969 Temporary Assistance for Needy Families (HHS) 31 1,012 3,556 Unemployment Insurance Benefits 143 1,739 6,176 Veterans Affairs programs 68 1,411 5,502 Other Withdrawals: Federal Aviation Administration 56 453 1,850 International Monetary Fund -107 -56 -1,482 Thrift Savings Plan Transfer 100 1,237 4,755 Transportation Security Admin. (DHS) 5 91 481 Unclassified 354 19,725 69,697 Total, Other Withdrawals 408 41,829 136,584 Transfers to Depositaries 8,104 69,636 311,160 Total Federal Reserve Account 19,490 434,219 1,896,515 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 10,782 177,952 649,697 Total Withdrawals (excluding transfers) 11,386 364,583 1,585,355 Net Change in Operating Cash Balance 2,606 38,820 7,597 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday December 20, 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 0 132,204 734,924 Cash Management Series 0 40,000 56,000 Notes 0 7,998 188,941 Bonds 0 0 0 Inflation-Protected Securities Increment -72 -1,442 -2,253 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 19 305 914 Interest Increment 0 559 1,873 Government Account Series 124,692 1,797,777 7,184,121 Domestic Series 0 0 73 Foreign Series 0 0 0 State and Local Series 2,212 12,132 31,343 Other 43 1,083 4,035 Total Issues 126,894 1,990,617 8,199,971 (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 1 12 4,027 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 62 959 3,737 Government Account Series 129,691 1,812,705 7,158,835 Domestic Series 0 0 73 Foreign Series 0 0 0 State and Local Series 237 6,239 16,490 Other 43 915 3,885 Total Redemptions 130,034 2,004,869 8,087,952 Net Change in Public Debt Outstanding -3,140 -14,252 112,020 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday December 20, 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) 126,894 1,990,617 8,199,971 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 (-) 124,692 1,797,777 7,184,121 Interest Increment on United States Savings Securities (-) 0 559 1,873 Inflation-Protected Securities Increment -72 -1,442 -2,581 Total Public Debt Cash Issues Deposited in Federal Reserve Account 2,274 191,806 1,006,111 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 130,034 2,004,869 8,087,952 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 (-) 129,691 1,812,705 7,158,835 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 343 192,164 929,116 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday December 20, 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/ $ 4,930,407 $ 4,928,644 $ 4,929,567 $ 4,843,121 Intragovernmental Holdings 3,688,587 3,693,490 3,703,678 3,663,853 Total Public Debt Outstanding 8,618,993 8,622,134 8,633,246 8,506,974 Less: Debt Not Subject to Limit: Other Debt 505 505 505 506 Unamortized Discount 72,162 72,302 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 8,532,420 8,535,421 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 $4,07 7 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Wednesday December 20, 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 $ 9,667 $ 107,803 $ 368,834 Individual Income Taxes 11 137 557 Railroad Retirement Taxes 3 265 978 Excise Taxes 21 3,064 12,580 Corporation Income Taxes 216 81,884 100,912 Federal Unemployment Taxes 4 45 869 Estate and Gift Taxes & Misc IRS Rcpts. 2 50 175 Change in Balance of Unclassified Taxes -217 1,923 1,893 Total 9,706 195,169 486,799 These Receipts were deposited in: Federal Reserve Account: Directly 139 2,154 8,853 Collector Depositaries 4,512 43,093 118,271 Tax and Loan Accounts 5,029 146,073 346,149 Inter-agency Transfers 25 3,848 13,527 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 55 $ 557 $ 23,325 $ 51,938 Deposits: Taxes Received (Table IV) 12 106 4,911 5,029 Transfers to Depositaries 0 0 1,103 1,104 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 3,927 3,927 Depositary Initiated 5 67 2,783 2,855 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 4,000 Closing Balance Today 62 596 22,630 54,288 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday December 20, 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 $ 10 $ 875 $ 13,163 Business 36 2,581 11,001 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.