1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday December 28, 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 $ 4,418 $ 4,470 $ 4,373 $ 5,451 Tax and Loan Note Accounts (Table V) 28,505 42,930 16,531 46,676 Total Operating Balance 32,923 47,399 20,904 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday December 28, 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) 40 336 1,145 Commodity Credit Corporation programs 51 1,005 2,929 Customs and Certain Excise Taxes 88 2,533 8,554 Deposits by States: Supplemental Security Income 375 382 1,144 Unemployment 9 248 5,183 Education Department programs 57 1,421 5,761 Energy Department programs 30 474 1,742 Estate and Gift Taxes 81 2,021 6,363 Federal Reserve Earnings 0 1,322 5,788 Foreign Deposits, Military Sales 27 1,372 4,078 FTD's Received (Table IV) 3,558 56,484 138,360 Housing and Urban Development programs 30 606 1,909 Individual Income and Employment Taxes, Not Withheld 907 7,738 29,255 Interest recd from T&L Depositaries 26 62 268 Justice Department programs 10 262 1,225 Postal Service 331 8,351 26,074 Public Debt Cash Issues (Table III-B) 57,650 311,731 1,126,036 Other Deposits: Air Transport Security Fees 21 31 442 Pension Benefit Guaranty Corp. 326 326 905 Total Other Deposits 347 1,640 21,609 Change in Balance of Uncollected Funds (closing balance $ 158) -78 -57 -16 Transfers from Depositaries 23,843 261,812 733,557 Total Federal Reserve Account 87,380 659,745 2,120,964 Tax and Loan Note Accounts: FTD's Received (Table IV) 5,050 173,981 374,057 Transfers from Federal Reserve Account (Table V) 4,368 99,805 341,328 Total Tax and Loan Note Accounts (Table V) 9,418 273,786 715,385 Total Deposits (excluding transfers) 68,588 571,915 1,761,464 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday December 28, 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 156 3,074 15,922 Defense Vendor Payments (EFT) 1,308 25,696 74,324 Education Department programs 354 6,383 19,241 Energy Department programs 172 2,074 6,840 Federal Employees Insurance Payments 200 3,507 12,168 Fed. Highway Administration programs 62 2,386 8,451 Federal Salaries (EFT) 185 11,894 36,585 Food and Nutrition Service (misc) 28 2,678 8,150 Food Stamps 80 1,710 5,169 GSA programs 127 1,210 3,810 Health and Human Services Grants (misc) 336 5,625 18,114 Housing and Urban Development programs 123 4,173 13,145 Interest on Treasury Securities 3 2,476 36,659 Justice Department programs 84 1,156 3,603 Labor Dept. prgms (excl. unemployment) 37 944 3,047 Medicaid 1,315 13,891 44,531 Medicare 1,674 32,789 106,757 NASA programs 72 1,238 2,786 Postal Service Money Orders and Other 146 3,703 12,191 Public Debt Cash Redemp. (Table III-B) 75,182 343,104 1,080,057 Social Security Benefits (EFT) 0 37,134 110,242 Temporary Assistance for Needy Families (HHS) 34 1,396 3,941 Unemployment Insurance Benefits 141 2,421 6,858 Veterans Affairs programs 52 1,864 5,955 Other Withdrawals: Minerals Mgmt. Svc/Pmts to States 124 124 424 Thrift Savings Plan Transfer 107 1,495 5,014 Transportation Security Admin. (DHS) 39 160 549 Unclassified 923 24,316 74,287 Total, Other Withdrawals 1,193 47,367 142,123 Transfers to Depositaries 4,368 99,805 341,328 Total Federal Reserve Account 87,432 659,701 2,121,996 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 23,843 261,812 733,557 Total Withdrawals (excluding transfers) 83,064 559,896 1,780,668 Net Change in Operating Cash Balance -14,476 12,019 -19,204 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday December 28, 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 56,979 249,273 851,992 Cash Management Series 0 40,000 56,000 Notes 0 7,998 188,941 Bonds 0 0 0 Inflation-Protected Securities Increment -71 -2,019 -2,830 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 19 403 1,011 Interest Increment 0 561 1,874 Government Account Series 134,694 2,450,318 7,836,663 Domestic Series 0 0 73 Foreign Series 0 0 0 State and Local Series 1,380 16,226 35,436 Other 137 1,487 4,440 Total Issues 193,138 2,764,248 8,973,602 (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 74,949 334,085 875,299 Notes 0 0 175,650 Bonds 0 12 4,028 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 79 1,281 4,059 Government Account Series 139,638 2,461,313 7,807,443 Domestic Series 0 0 73 Foreign Series 0 0 0 State and Local Series 23 6,414 16,666 Other 130 1,312 4,283 Total Redemptions 214,820 2,804,417 8,887,500 Net Change in Public Debt Outstanding -21,681 -40,169 86,102 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday December 28, 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) 193,138 2,764,248 8,973,602 Premium on New Issues 0 28 88 Discount on New Issues: Bills (-) 865 3,683 11,959 Bonds and Notes (-) 0 0 315 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 134,694 2,450,318 7,836,663 Interest Increment on United States Savings Securities (-) 0 561 1,874 Inflation-Protected Securities Increment -71 -2,019 -3,158 Total Public Debt Cash Issues Deposited in Federal Reserve Account 57,650 311,731 1,126,036 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 214,820 2,804,417 8,887,500 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 (-) 139,638 2,461,313 7,807,443 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 75,182 343,104 1,080,057 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday December 28, 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/ $ 4,900,600 $ 4,917,453 $ 4,929,567 $ 4,843,121 Intragovernmental Holdings 3,692,476 3,697,304 3,703,678 3,663,853 Total Public Debt Outstanding 8,593,076 8,614,757 8,633,246 8,506,974 Less: Debt Not Subject to Limit: Other Debt 505 505 505 506 Unamortized Discount 72,797 72,070 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 8,505,868 8,528,276 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 3 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Thursday December 28, 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 $ 7,892 $ 145,156 $ 406,187 Individual Income Taxes 14 190 611 Railroad Retirement Taxes 6 328 1,041 Excise Taxes 389 3,718 13,235 Corporation Income Taxes 496 84,189 103,218 Federal Unemployment Taxes 4 62 886 Estate and Gift Taxes & Misc IRS Rcpts. 3 102 227 Change in Balance of Unclassified Taxes -183 931 901 Total 8,620 234,676 526,306 These Receipts were deposited in: Federal Reserve Account: Directly 172 3,239 9,938 Collector Depositaries 3,386 53,245 128,422 Tax and Loan Accounts 5,050 173,981 374,057 Inter-agency Transfers 12 4,210 13,889 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 34 $ 288 $ 4,607 $ 42,930 Deposits: Taxes Received (Table IV) 7 69 4,974 5,050 Transfers to Depositaries 0 0 368 368 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 2,521 2,521 Depositary Initiated 3 37 2,282 2,322 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 15,000 Repo Investment 0 0 0 4,000 Closing Balance Today 39 320 5,146 28,505 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday December 28, 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 $ 1,165 $ 13,453 Business 55 3,081 11,502 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.