1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday December 29, 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 $ 4,708 $ 4,418 $ 4,373 $ 5,451 Tax and Loan Note Accounts (Table V) 25,959 28,505 16,531 46,676 Total Operating Balance 30,667 32,923 20,904 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday December 29, 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) 144 481 1,290 Commodity Credit Corporation programs 166 1,172 3,095 Customs and Certain Excise Taxes 124 2,657 8,678 Deposits by States: Supplemental Security Income 0 382 1,144 Unemployment 10 258 5,193 Education Department programs 102 1,523 5,864 Energy Department programs 23 498 1,765 Estate and Gift Taxes 187 2,208 6,549 Federal Reserve Earnings 0 1,322 5,788 Foreign Deposits, Military Sales 29 1,402 4,108 FTD's Received (Table IV) 4,090 60,574 142,450 Housing and Urban Development programs 30 636 1,939 Individual Income and Employment Taxes, Not Withheld 441 8,179 29,695 Interest recd from T&L Depositaries 1 63 269 Justice Department programs 29 291 1,254 Postal Service 361 8,712 26,435 Public Debt Cash Issues (Table III-B) 125 311,856 1,126,161 Other Deposits: Air Transport Security Fees 120 151 561 FSA Tobacco Assessments 207 221 341 Lend Lease Receipts 83 83 83 Minerals Management Svc/Collections 137 625 2,505 Thrift Savings Plan Transfer 56 314 1,070 Total Other Deposits 602 2,243 22,211 Change in Balance of Uncollected Funds (closing balance $ 137) 21 -36 5 Transfers from Depositaries 12,801 274,613 746,358 Total Federal Reserve Account 19,288 679,033 2,140,252 Tax and Loan Note Accounts: FTD's Received (Table IV) 9,317 183,298 383,373 Transfers from Federal Reserve Account (Table V) 938 100,743 342,266 Total Tax and Loan Note Accounts (Table V) 10,255 284,041 725,640 Total Deposits (excluding transfers) 15,803 587,718 1,777,267 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday December 29, 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 146 3,220 16,067 Defense Vendor Payments (EFT) 1,391 27,087 75,715 Education Department programs 354 6,737 19,595 Energy Department programs 210 2,284 7,050 Federal Employees Insurance Payments 637 4,143 12,805 Fed. Highway Administration programs 129 2,515 8,580 Federal Salaries (EFT) 2,487 14,382 39,073 Food and Nutrition Service (misc) 123 2,801 8,274 Food Stamps 39 1,750 5,209 GSA programs 24 1,235 3,834 Health and Human Services Grants (misc) 531 6,155 18,645 Housing and Urban Development programs 117 4,291 13,262 Interest on Treasury Securities 2 2,479 36,661 Justice Department programs 25 1,181 3,628 Labor Dept. prgms (excl. unemployment) 71 1,015 3,118 Medicaid 536 14,426 45,066 Medicare 1,440 34,229 108,197 NASA programs 26 1,264 2,812 Postal Service Money Orders and Other 384 4,087 12,575 Public Debt Cash Redemp. (Table III-B) 151 343,255 1,080,208 Social Security Benefits (EFT) 0 37,134 110,242 Temporary Assistance for Needy Families (HHS) 68 1,464 4,009 Unemployment Insurance Benefits 120 2,541 6,978 Veterans Affairs programs 161 2,025 6,116 Other Withdrawals: Agency for Internat'l Development 55 673 2,555 Federal Transit Admin. 51 103 742 Interior 56 793 2,606 International Monetary Fund -203 -255 -1,681 IRS Tax Refunds Individual (EFT) 58 186 2,463 Military Active Duty Pay (EFT) 3,175 8,599 16,432 Pension Benefit Guaranty Corp. 349 349 1,025 Supple. Security Income Benefits (EFT) 1,911 3,764 5,610 Tennessee Valley Authority (net) -155 -163 -134 Thrift Savings Plan Transfer 88 1,583 5,101 Transportation Security Admin. (DHS) 8 168 557 USDA: Forest Service 398 544 831 Veterans Benefits (EFT) 2,444 4,808 7,165 Unclassified 653 24,969 74,940 Total, Other Withdrawals 8,888 56,255 151,011 Transfers to Depositaries 938 100,743 342,266 Total Federal Reserve Account 18,998 678,698 2,140,994 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 12,801 274,613 746,358 Total Withdrawals (excluding transfers) 18,060 577,955 1,798,728 Net Change in Operating Cash Balance -2,256 9,763 -21,460 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday December 29, 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 -1 249,272 851,991 Cash Management Series 0 40,000 56,000 Notes 0 7,998 188,941 Bonds 0 0 0 Inflation-Protected Securities Increment -207 -2,225 -3,037 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 35 438 1,047 Interest Increment 0 561 1,874 Government Account Series 221,731 2,672,049 8,058,394 Domestic Series 0 0 73 Foreign Series 0 0 0 State and Local Series 41 16,267 35,477 Other 50 1,537 4,490 Total Issues 221,649 2,985,897 9,195,251 (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 0 334,085 875,299 Notes 0 0 175,650 Bonds 0 12 4,028 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 85 1,366 4,144 Government Account Series 134,350 2,595,663 7,941,793 Domestic Series 0 0 73 Foreign Series 0 0 0 State and Local Series 13 6,427 16,678 Other 53 1,365 4,335 Total Redemptions 134,501 2,938,918 9,022,001 Net Change in Public Debt Outstanding 87,148 46,979 173,250 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday December 29, 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) 221,649 2,985,897 9,195,251 Premium on New Issues 0 28 88 Discount on New Issues: Bills (-) 0 3,683 11,959 Bonds and Notes (-) 0 0 315 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 221,731 2,672,049 8,058,394 Interest Increment on United States Savings Securities (-) 0 561 1,874 Inflation-Protected Securities Increment -207 -2,225 -3,365 Total Public Debt Cash Issues Deposited in Federal Reserve Account 125 311,856 1,126,161 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 134,501 2,938,918 9,022,001 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 (-) 134,350 2,595,663 7,941,793 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 151 343,255 1,080,208 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday December 29, 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 $ 4,901,047 $ 4,900,600 $ 4,929,567 $ 4,843,121 Intragovernmental Holdings 3,779,178 3,692,476 3,703,678 3,663,853 Total Public Debt Outstanding 8,680,224 8,593,076 8,633,246 8,506,974 Less: Debt Not Subject to Limit: Other Debt 505 505 505 506 Unamortized Discount r/ 73,300 72,797 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 r/ 8,592,513 8,505,868 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). r/Revised 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Friday December 29, 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 $ 11,802 $ 156,958 $ 417,989 Individual Income Taxes 39 230 650 Railroad Retirement Taxes 14 342 1,055 Excise Taxes 2,065 5,784 15,300 Corporation Income Taxes 284 84,473 103,502 Federal Unemployment Taxes 16 78 902 Estate and Gift Taxes & Misc IRS Rcpts. 8 110 235 Change in Balance of Unclassified Taxes -30 900 871 Total 14,197 248,873 540,503 These Receipts were deposited in: Federal Reserve Account: Directly 693 3,932 10,630 Collector Depositaries 3,398 56,643 131,820 Tax and Loan Accounts 9,317 183,298 383,373 Inter-agency Transfers 790 5,001 14,679 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 39 $ 320 $ 5,146 $ 28,505 Deposits: Taxes Received (Table IV) 13 138 9,166 9,317 Transfers to Depositaries 0 0 938 938 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 5,180 5,180 Depositary Initiated 4 73 3,543 3,621 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 4,000 Closing Balance Today 48 385 6,526 25,959 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday December 29, 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 $ 270 1/$ 1,435 1/$ 13,722 Business 12 3,094 11,514 1/Does not include $9 million offset by FMS for the month of December 2006, a nd $94 million for the fiscal year-to-date for Treasury Offset Program agai nst Tax Refunds issued. 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.