1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday December 22, 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 $ 5,122 $ 5,660 $ 4,373 $ 5,451 Tax and Loan Note Accounts (Table V) 42,142 38,586 16,531 46,676 Total Operating Balance 47,264 44,245 20,904 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday December 22, 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) 17 254 1,063 Commodity Credit Corporation programs 95 899 2,822 Customs and Certain Excise Taxes 784 2,252 8,273 Deposits by States: Supplemental Security Income 0 5 767 Unemployment 11 222 5,156 Education Department programs 58 1,226 5,567 Energy Department programs 29 305 1,573 Estate and Gift Taxes 126 1,797 6,139 Federal Reserve Earnings 0 1,060 5,526 Foreign Deposits, Military Sales 54 1,312 4,018 FTD's Received (Table IV) 2,076 48,548 130,424 Housing and Urban Development programs 17 532 1,835 Individual Income and Employment Taxes, Not Withheld 362 5,745 27,261 Interest recd from T&L Depositaries 1 34 240 Justice Department programs 5 237 1,199 Postal Service 400 7,208 24,931 Public Debt Cash Issues (Table III-B) 101 253,558 1,067,863 Other Deposits: Air Transport Security Fees 2 7 418 Federal Housing Admin: Note Sales 111 218 535 Total Other Deposits 113 945 20,914 Change in Balance of Uncollected Funds (closing balance $ 57) 37 44 85 Transfers from Depositaries 10,711 214,632 686,377 Total Federal Reserve Account 14,995 540,814 2,002,033 Tax and Loan Note Accounts: FTD's Received (Table IV) 6,151 155,275 355,350 Transfers from Federal Reserve Account (Table V) 8,115 84,968 326,492 Total Tax and Loan Note Accounts (Table V) 14,267 240,244 681,842 Total Deposits (excluding transfers) 10,436 481,457 1,671,006 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday December 22, 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 125 2,616 15,463 Defense Vendor Payments (EFT) 1,643 19,812 68,439 Education Department programs 241 5,429 18,287 Energy Department programs 157 1,778 6,544 Federal Employees Insurance Payments 96 2,732 11,393 Fed. Highway Administration programs 114 2,028 8,093 Federal Salaries (EFT) 165 11,446 36,137 Food and Nutrition Service (misc) 137 2,449 7,921 Food Stamps 47 1,458 4,917 GSA programs 23 964 3,564 Health and Human Services Grants (misc) 455 4,735 17,224 Housing and Urban Development programs 127 3,799 12,770 Interest on Treasury Securities 3 2,464 36,647 Justice Department programs 102 915 3,362 Labor Dept. prgms (excl. unemployment) 156 826 2,929 Medicaid 856 11,372 42,012 Medicare 1,288 27,919 101,888 NASA programs 113 1,018 2,566 Postal Service Money Orders and Other 158 3,215 11,703 Public Debt Cash Redemp. (Table III-B) 132 267,658 1,004,611 Social Security Benefits (EFT) 0 31,861 104,969 Temporary Assistance for Needy Families (HHS) 41 1,115 3,660 Unemployment Insurance Benefits 104 1,971 6,408 Veterans Affairs programs 94 1,563 5,654 Other Withdrawals: Emergency Prep & Response (DHS) 50 608 2,343 State Department 89 484 1,082 Transportation Security Admin. (DHS) 3 96 485 Unclassified 898 21,463 71,435 Total, Other Withdrawals 1,039 43,954 138,709 Transfers to Depositaries 8,115 84,968 326,492 Total Federal Reserve Account 15,532 540,065 2,002,361 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 10,711 214,632 686,377 Total Withdrawals (excluding transfers) 7,417 455,097 1,675,869 Net Change in Operating Cash Balance 3,019 26,360 -4,863 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday December 22, 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 0 192,296 795,016 Cash Management Series 0 40,000 56,000 Notes 0 7,998 188,941 Bonds 0 0 0 Inflation-Protected Securities Increment -73 -1,586 -2,397 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 19 342 951 Interest Increment 0 560 1,873 Government Account Series 126,640 2,054,776 7,441,121 Domestic Series 0 0 73 Foreign Series 0 0 0 State and Local Series 34 14,451 33,661 Other 48 1,262 4,214 Total Issues 126,668 2,310,099 8,519,454 (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 0 259,136 800,350 Notes 0 0 175,650 Bonds 0 12 4,028 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 56 1,072 3,850 Government Account Series 124,893 2,064,040 7,410,170 Domestic Series 0 0 73 Foreign Series 0 0 0 State and Local Series 26 6,346 16,598 Other 50 1,091 4,062 Total Redemptions 125,025 2,331,698 8,414,780 Net Change in Public Debt Outstanding 1,643 -21,598 104,673 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday December 22, 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) 126,668 2,310,099 8,519,454 Premium on New Issues 0 28 88 Discount on New Issues: Bills (-) 0 2,819 11,095 Bonds and Notes (-) 0 0 315 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 126,640 2,054,776 7,441,121 Interest Increment on United States Savings Securities (-) 0 560 1,873 Inflation-Protected Securities Increment -73 -1,586 -2,726 Total Public Debt Cash Issues Deposited in Federal Reserve Account 101 253,558 1,067,863 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 125,025 2,331,698 8,414,780 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 (-) 124,893 2,064,040 7,410,170 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 132 267,658 1,004,611 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday December 22, 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/ $ 4,917,324 $ 4,917,407 $ 4,929,567 $ 4,843,121 Intragovernmental Holdings 3,694,323 3,692,598 3,703,678 3,663,853 Total Public Debt Outstanding 8,611,647 8,610,004 8,633,246 8,506,974 Less: Debt Not Subject to Limit: Other Debt 505 505 505 506 Unamortized Discount 72,758 72,896 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 8,524,478 8,522,697 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 6 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Friday December 22, 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 $ 8,247 $ 120,184 $ 381,215 Individual Income Taxes 9 155 575 Railroad Retirement Taxes 7 277 990 Excise Taxes 174 3,255 12,772 Corporation Income Taxes 144 82,507 101,535 Federal Unemployment Taxes 4 51 875 Estate and Gift Taxes & Misc IRS Rcpts. 1 52 177 Change in Balance of Unclassified Taxes -178 1,516 1,487 Total 8,408 207,996 499,626 These Receipts were deposited in: Federal Reserve Account: Directly 82 2,363 9,062 Collector Depositaries 1,994 46,185 121,362 Tax and Loan Accounts 6,151 155,275 355,350 Inter-agency Transfers 181 4,173 13,852 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 12 $ 88 $ 4,486 $ 38,586 Deposits: Taxes Received (Table IV) 10 86 6,056 6,151 Transfers to Depositaries 0 0 115 115 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 4,000 Repo Investment 0 0 0 4,000 Withdrawals: Treasury Initiated 0 0 5,029 5,029 Depositary Initiated 1 18 1,662 1,682 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 4,000 Closing Balance Today 20 156 3,966 42,142 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday December 22, 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 $ 264 $ 1,156 $ 13,443 Business 30 2,708 11,128 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.