1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday January 08, 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 $ 4,642 $ 4,825 $ 4,708 $ 5,451 Tax and Loan Note Accounts (Table V) 14,288 9,222 25,959 46,676 Total Operating Balance 18,930 14,047 30,667 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday January 08, 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) 17 125 1,415 Commodity Credit Corporation programs 51 354 3,449 Customs and Certain Excise Taxes 78 409 9,087 Deposits by States: Supplemental Security Income 0 0 1,145 Unemployment 12 65 5,258 Education Department programs 80 490 6,354 Energy Department programs 5 116 1,882 Estate and Gift Taxes 77 454 7,003 Federal Reserve Earnings 0 707 6,495 Foreign Deposits, Military Sales 3 508 4,616 FTD's Received (Table IV) 1,712 14,891 157,341 Housing and Urban Development programs 0 123 2,062 Individual Income and Employment Taxes, Not Withheld 796 5,060 34,755 Interest recd from T&L Depositaries 2 59 328 Justice Department programs 3 39 1,293 Postal Service 520 2,190 28,625 Public Debt Cash Issues (Table III-B) 88 98,218 1,224,379 Other Deposits: Federal Housing Admin: Note Sales 85 85 620 Total Other Deposits 85 645 22,856 Change in Balance of Uncollected Funds (closing balance $ 30) 156 108 113 Transfers from Depositaries 12,432 89,170 835,528 Total Federal Reserve Account 16,117 213,731 2,353,983 Tax and Loan Note Accounts: FTD's Received (Table IV) 8,295 47,957 431,330 Transfers from Federal Reserve Account (Table V) 9,203 29,543 371,809 Total Tax and Loan Note Accounts (Table V) 17,498 77,500 803,140 Total Deposits (excluding transfers) 11,980 172,518 1,949,785 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday January 08, 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 191 946 17,013 Defense Vendor Payments (EFT) 906 3,917 79,632 Education Department programs 453 1,872 21,467 Energy Department programs 48 433 7,483 Federal Employees Insurance Payments 124 705 13,510 Fed. Highway Administration programs 195 593 9,173 Federal Salaries (EFT) 106 2,708 41,781 Food and Nutrition Service (misc) 223 736 9,009 Food Stamps 212 485 5,694 GSA programs 37 498 4,333 Health and Human Services Grants (misc) 188 1,110 19,754 Housing and Urban Development programs 96 2,499 15,761 Interest on Treasury Securities 3 3,804 40,466 Justice Department programs 60 216 3,844 Labor Dept. prgms (excl. unemployment) 36 192 3,310 Medicaid 781 3,887 48,954 Medicare 901 15,534 123,731 NASA programs 48 143 2,955 Postal Service Money Orders and Other 221 1,159 13,734 Public Debt Cash Redemp. (Table III-B) 269 102,351 1,182,559 Social Security Benefits (EFT) 0 21,842 132,084 Temporary Assistance for Needy Families (HHS) 39 333 4,342 Unemployment Insurance Benefits 163 791 7,770 Veterans Affairs programs 162 455 6,571 Other Withdrawals: Interior 72 228 2,834 Transportation Security Admin. (DHS) 8 49 607 Unclassified 1,553 8,271 83,211 Total, Other Withdrawals 1,633 17,044 168,054 Transfers to Depositaries 9,203 29,543 371,809 Total Federal Reserve Account 16,301 213,797 2,354,791 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 12,432 89,170 835,528 Total Withdrawals (excluding transfers) 7,097 184,254 1,982,982 Net Change in Operating Cash Balance 4,883 -11,737 -33,197 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday January 08, 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 55,547 907,539 Cash Management Series 0 0 56,000 Notes 0 40,948 229,890 Bonds 0 0 0 Inflation-Protected Securities Increment -56 -200 -3,237 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 29 159 1,205 Interest Increment 0 620 2,495 Government Account Series 128,299 673,236 8,731,629 Domestic Series 0 0 73 Foreign Series 0 0 0 State and Local Series 2 2,104 37,581 Other 58 359 4,848 Total Issues 128,331 772,773 9,968,025 (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 64,543 939,842 Notes 0 31,952 207,602 Bonds 0 1 4,029 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 146 818 4,962 Government Account Series 128,404 677,837 8,619,630 Domestic Series 0 0 73 Foreign Series 0 0 0 State and Local Series 65 4,688 21,366 Other 58 349 4,685 Total Redemptions 128,674 780,188 9,802,189 Net Change in Public Debt Outstanding -343 -7,415 165,836 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday January 08, 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) 128,331 772,773 9,968,025 Premium on New Issues 0 0 88 Discount on New Issues: Bills (-) 0 836 12,796 Bonds and Notes (-) 0 63 378 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 128,299 673,236 8,731,629 Interest Increment on United States Savings Securities (-) 0 620 2,495 Inflation-Protected Securities Increment -56 -200 -3,565 Total Public Debt Cash Issues Deposited in Federal Reserve Account 88 98,218 1,224,379 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 128,674 780,188 9,802,189 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 (-) 128,404 677,837 8,619,630 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 269 102,351 1,182,559 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday January 08, 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/ $ 4,898,353 $ 4,898,650 $ 4,901,047 $ 4,843,121 Intragovernmental Holdings 3,774,457 3,774,502 3,779,178 3,663,853 Total Public Debt Outstanding 8,672,810 8,673,152 8,680,224 8,506,974 Less: Debt Not Subject to Limit: Other Debt 505 505 505 506 Unamortized Discount 73,064 73,464 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 64 94 96 Total Public Debt Subject to Limit 8,585,305 8,585,248 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 $4,08 9 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Monday January 08, 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 $ 10,111 $ 61,190 $ 479,179 Individual Income Taxes 18 78 728 Railroad Retirement Taxes 30 123 1,178 Excise Taxes 24 105 15,405 Corporation Income Taxes 61 2,027 105,528 Federal Unemployment Taxes 9 33 934 Estate and Gift Taxes & Misc IRS Rcpts. 3 8 243 Change in Balance of Unclassified Taxes -233 612 1,483 Total 10,024 64,175 604,678 These Receipts were deposited in: Federal Reserve Account: Directly 61 677 11,308 Collector Depositaries 1,651 14,213 146,033 Tax and Loan Accounts 8,295 47,957 431,330 Inter-agency Transfers 17 1,327 16,007 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 12 $ 130 $ 5,080 $ 9,222 Deposits: Taxes Received (Table IV) 6 51 8,238 8,295 Transfers to Depositaries 0 0 176 176 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 5,027 Repo Investment 0 0 0 4,000 Withdrawals: Treasury Initiated 0 0 6,276 6,276 Depositary Initiated 1 10 2,145 2,155 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 4,000 Closing Balance Today 17 171 5,073 14,288 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday January 08, 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 $ 3 $ 410 $ 14,132 Business 64 324 11,837 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.