1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday December 27, 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 $ 4,470 $ 6,060 $ 4,373 $ 5,451 Tax and Loan Note Accounts (Table V) 42,930 48,482 16,531 46,676 Total Operating Balance 47,399 54,542 20,904 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday December 27, 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) 26 296 1,105 Commodity Credit Corporation programs 27 954 2,878 Customs and Certain Excise Taxes 103 2,445 8,466 Deposits by States: Supplemental Security Income 2 7 769 Unemployment 11 239 5,174 Education Department programs 64 1,364 5,704 Energy Department programs 74 444 1,712 Estate and Gift Taxes 74 1,940 6,282 Federal Reserve Earnings 262 1,322 5,788 Foreign Deposits, Military Sales 18 1,346 4,052 FTD's Received (Table IV) 1,403 52,926 134,802 Housing and Urban Development programs 24 577 1,880 Individual Income and Employment Taxes, Not Withheld 542 6,831 28,347 Interest recd from T&L Depositaries 1 37 242 Justice Department programs 9 252 1,214 Postal Service 412 8,020 25,744 Public Debt Cash Issues (Table III-B) 446 254,081 1,068,386 Other Deposits: Air Transport Security Fees 2 10 420 Defense Finance & Accounting Service 73 661 2,077 Thrift Savings Plan Transfer 65 255 1,011 Total Other Deposits 140 1,293 21,262 Change in Balance of Uncollected Funds (closing balance $ 80) 13 22 63 Transfers from Depositaries 12,599 237,970 709,714 Total Federal Reserve Account 16,249 572,365 2,033,583 Tax and Loan Note Accounts: FTD's Received (Table IV) 2,909 168,932 369,007 Transfers from Federal Reserve Account (Table V) 4,138 95,437 336,960 Total Tax and Loan Note Accounts (Table V) 7,047 264,369 705,967 Total Deposits (excluding transfers) 6,559 503,327 1,692,876 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday December 27, 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 113 2,918 15,766 Defense Vendor Payments (EFT) 2,373 24,388 73,016 Education Department programs 189 6,029 18,887 Energy Department programs 58 1,902 6,668 Federal Employees Insurance Payments 205 3,307 11,968 Fed. Highway Administration programs 209 2,324 8,388 Federal Salaries (EFT) 152 11,709 36,400 Food and Nutrition Service (misc) 53 2,649 8,122 Food Stamps 36 1,631 5,090 GSA programs 79 1,083 3,683 Health and Human Services Grants (misc) 210 5,289 17,778 Housing and Urban Development programs 126 4,050 13,021 Interest on Treasury Securities 7 2,473 36,655 Justice Department programs 51 1,072 3,519 Labor Dept. prgms (excl. unemployment) 35 907 3,010 Medicaid 441 12,576 43,216 Medicare 2,271 31,115 105,083 NASA programs 17 1,166 2,714 Postal Service Money Orders and Other 144 3,557 12,045 Public Debt Cash Redemp. (Table III-B) 137 267,923 1,004,875 Social Security Benefits (EFT) 5,273 37,134 110,242 Temporary Assistance for Needy Families (HHS) 207 1,362 3,907 Unemployment Insurance Benefits 178 2,280 6,718 Veterans Affairs programs 78 1,812 5,903 Other Withdrawals: Federal Aviation Administration 98 672 2,069 Transportation Security Admin. (DHS) 14 121 510 Unclassified 950 23,393 73,364 Total, Other Withdrawals 1,063 46,175 140,930 Transfers to Depositaries 4,138 95,437 336,960 Total Federal Reserve Account 17,840 572,269 2,034,564 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 12,599 237,970 709,714 Total Withdrawals (excluding transfers) 13,702 476,832 1,697,604 Net Change in Operating Cash Balance -7,143 26,495 -4,728 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday December 27, 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 0 192,294 795,013 Cash Management Series 0 40,000 56,000 Notes 0 7,998 188,941 Bonds 0 0 0 Inflation-Protected Securities Increment -72 -1,948 -2,759 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 20 384 993 Interest Increment 0 561 1,874 Government Account Series 130,304 2,315,624 7,701,969 Domestic Series 0 0 73 Foreign Series 0 0 0 State and Local Series 382 14,846 34,056 Other 44 1,350 4,303 Total Issues 130,678 2,571,109 8,780,464 (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 68 1,202 3,980 Government Account Series 131,205 2,321,675 7,667,805 Domestic Series 0 0 73 Foreign Series 0 0 0 State and Local Series 25 6,391 16,642 Other 44 1,182 4,153 Total Redemptions 131,342 2,589,597 8,672,680 Net Change in Public Debt Outstanding -664 -18,488 107,783 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday December 27, 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) 130,678 2,571,109 8,780,464 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 (-) 130,304 2,315,624 7,701,969 Interest Increment on United States Savings Securities (-) 0 561 1,874 Inflation-Protected Securities Increment -72 -1,948 -3,087 Total Public Debt Cash Issues Deposited in Federal Reserve Account 446 254,081 1,068,386 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 131,342 2,589,597 8,672,680 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 (-) 131,205 2,321,675 7,667,805 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 137 267,923 1,004,875 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday December 27, 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/ $ 4,917,453 $ 4,917,001 $ 4,929,567 $ 4,843,121 Intragovernmental Holdings 3,697,304 3,698,420 3,703,678 3,663,853 Total Public Debt Outstanding 8,614,757 8,615,421 8,633,246 8,506,974 Less: Debt Not Subject to Limit: Other Debt 505 505 505 506 Unamortized Discount 72,070 72,207 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 8,528,276 8,528,803 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 2 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Wednesday December 27, 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 $ 3,984 $ 137,264 $ 398,296 Individual Income Taxes 12 176 597 Railroad Retirement Taxes 3 322 1,036 Excise Taxes 28 3,329 12,846 Corporation Income Taxes 523 83,693 102,722 Federal Unemployment Taxes 4 58 882 Estate and Gift Taxes & Misc IRS Rcpts. 36 99 225 Change in Balance of Unclassified Taxes -257 1,113 1,084 Total 4,332 226,057 517,686 These Receipts were deposited in: Federal Reserve Account: Directly 60 3,067 9,766 Collector Depositaries 1,343 49,859 125,036 Tax and Loan Accounts 2,909 168,932 369,007 Inter-agency Transfers 20 4,199 13,877 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 29 $ 234 $ 10,219 $ 48,482 Deposits: Taxes Received (Table IV) 8 83 2,817 2,909 Transfers to Depositaries 0 0 138 138 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 4,000 Withdrawals: Treasury Initiated 0 0 7,717 7,717 Depositary Initiated 2 29 851 882 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 4,000 Closing Balance Today 34 288 4,607 42,930 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday December 27, 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 $ 2 $ 1,162 $ 13,450 Business 33 3,026 11,446 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.