1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday January 02, 2007 (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 $ 5,784 $ 4,708 $ 4,708 $ 5,451 Tax and Loan Note Accounts (Table V) 34,188 25,959 25,959 46,676 Total Operating Balance 39,972 30,667 30,667 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday January 02, 2007 (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) 52 52 1,341 Commodity Credit Corporation programs 167 167 3,262 Customs and Certain Excise Taxes 84 84 8,762 Deposits by States: Supplemental Security Income 0 0 1,145 Unemployment 13 13 5,206 Education Department programs 100 100 5,964 Energy Department programs 83 83 1,849 Estate and Gift Taxes 77 77 6,626 Federal Reserve Earnings 0 0 5,788 Foreign Deposits, Military Sales 356 356 4,464 FTD's Received (Table IV) 5,530 5,530 147,980 Housing and Urban Development programs 35 35 1,974 Individual Income and Employment Taxes, Not Withheld 498 498 30,194 Interest recd from T&L Depositaries 0 0 269 Justice Department programs 6 6 1,260 Postal Service 411 411 26,847 Public Debt Cash Issues (Table III-B) 41,126 41,126 1,167,287 Other Deposits: Agency for Internat'l Development 77 77 77 Air Transport Security Fees 25 25 587 Minerals Management Svc/Collections 217 217 2,722 Natl Railroad Retirement Inv Trust 170 170 529 Total Other Deposits 489 489 22,701 Change in Balance of Uncollected Funds (closing balance $ 18) 119 119 124 Transfers from Depositaries 24,117 24,117 770,475 Total Federal Reserve Account 73,264 73,264 2,213,515 Tax and Loan Note Accounts: FTD's Received (Table IV) 26,618 26,618 409,991 Transfers from Federal Reserve Account (Table V) 5,729 5,729 347,996 Total Tax and Loan Note Accounts (Table V) 32,347 32,347 757,987 Total Deposits (excluding transfers) 75,764 75,764 1,853,031 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday January 02, 2007 (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 206 206 16,273 Defense Vendor Payments (EFT) 448 448 76,162 Education Department programs 226 226 19,821 Energy Department programs 74 74 7,124 Federal Employees Insurance Payments 69 69 12,873 Fed. Highway Administration programs 0 0 8,580 Federal Salaries (EFT) 1,672 1,672 40,745 Food and Nutrition Service (misc) 181 181 8,455 Food Stamps 77 77 5,286 GSA programs 0 0 3,835 Health and Human Services Grants (misc) 169 169 18,813 Housing and Urban Development programs 2,008 2,008 15,270 Interest on Treasury Securities 3,794 3,794 40,456 Justice Department programs 1 1 3,629 Labor Dept. prgms (excl. unemployment) 55 55 3,173 Medicaid 392 392 45,458 Medicare 10,314 10,314 118,511 NASA programs 2 2 2,814 Postal Service Money Orders and Other 387 387 12,962 Public Debt Cash Redemp. (Table III-B) 36,556 36,556 1,116,764 Social Security Benefits (EFT) 135 135 110,377 Temporary Assistance for Needy Families (HHS) 148 148 4,157 Unemployment Insurance Benefits 161 161 7,139 Veterans Affairs programs 35 35 6,151 Other Withdrawals: Civil Service Retirement (EFT) 4,011 4,011 15,610 Federal Financing Bank (net) -368 -368 -467 Military Retirement (EFT) 3,229 3,229 12,585 Pmt. to Internat'l Development Assn. 181 181 362 Railroad Retirement (EFT) 753 753 2,951 Unclassified 1,544 1,544 76,484 Total, Other Withdrawals 9,350 9,350 160,361 Transfers to Depositaries 5,729 5,729 347,996 Total Federal Reserve Account 72,188 72,188 2,213,182 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 24,117 24,117 770,475 Total Withdrawals (excluding transfers) 66,459 66,459 1,865,187 Net Change in Operating Cash Balance 9,305 9,305 -12,155 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday January 02, 2007 (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 -1 851,990 Cash Management Series 0 0 56,000 Notes 40,949 40,949 229,891 Bonds 0 0 0 Inflation-Protected Securities Increment -88 -88 -3,125 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 38 38 1,085 Interest Increment 620 620 2,494 Government Account Series 135,125 135,125 8,193,519 Domestic Series 0 0 73 Foreign Series 0 0 0 State and Local Series 153 153 35,631 Other 49 49 4,539 Total Issues 176,846 176,846 9,372,097 (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 0 875,299 Notes 31,952 31,952 207,602 Bonds 0 0 4,028 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 188 188 4,332 Government Account Series 142,286 142,286 8,084,078 Domestic Series 0 0 73 Foreign Series 0 0 0 State and Local Series 4,365 4,365 21,044 Other 50 50 4,386 Total Redemptions 178,841 178,841 9,200,842 Net Change in Public Debt Outstanding -1,995 -1,995 171,255 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday January 02, 2007 (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) 176,846 176,846 9,372,097 Premium on New Issues 0 0 88 Discount on New Issues: Bills (-) 0 0 11,959 Bonds and Notes (-) 63 63 378 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 135,125 135,125 8,193,519 Interest Increment on United States Savings Securities (-) 620 620 2,494 Inflation-Protected Securities Increment -88 -88 -3,453 Total Public Debt Cash Issues Deposited in Federal Reserve Account 41,126 41,126 1,167,287 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 178,841 178,841 9,200,842 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 (-) 142,286 142,286 8,084,078 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 36,556 36,556 1,116,764 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday January 02, 2007 (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/ $ 4,906,146 $ 4,901,047 $ 4,901,047 $ 4,843,121 Intragovernmental Holdings 3,772,084 3,779,178 3,779,178 3,663,853 Total Public Debt Outstanding 8,678,229 8,680,224 8,680,224 8,506,974 Less: Debt Not Subject to Limit: Other Debt 505 505 505 506 Unamortized Discount r/ 73,034 73,300 73,300 72,286 Federal Financing Bank 14,000 14,000 14,000 14,000 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 64 94 94 96 Total Public Debt Subject to Limit r/ 8,590,754 8,592,513 8,592,513 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. r/Revised 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Tuesday January 02, 2007 (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 $ 30,428 $ 30,428 $ 448,417 Individual Income Taxes 15 15 665 Railroad Retirement Taxes 70 70 1,125 Excise Taxes 48 48 15,348 Corporation Income Taxes 1,501 1,501 105,002 Federal Unemployment Taxes 7 7 909 Estate and Gift Taxes & Misc IRS Rcpts. 1 1 236 Change in Balance of Unclassified Taxes 526 526 1,396 Total 32,595 32,595 573,099 These Receipts were deposited in: Federal Reserve Account: Directly 304 304 10,935 Collector Depositaries 5,226 5,226 137,046 Tax and Loan Accounts 26,618 26,618 409,991 Inter-agency Transfers 448 448 15,127 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 48 $ 385 $ 6,526 $ 25,959 Deposits: Taxes Received (Table IV) 15 172 26,430 26,618 Transfers to Depositaries 0 0 1,729 1,729 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 4,000 Withdrawals: Treasury Initiated 48 385 4,466 4,899 Depositary Initiated 3 36 19,179 19,218 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 12 136 11,040 34,188 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday January 02, 2007 (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 $ 0 $ 0 $ 13,722 Business 230 230 11,743 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.