1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday January 11, 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 $ 4,998 $ 4,999 $ 4,708 $ 5,451 Tax and Loan Note Accounts (Table V) 8,258 11,920 25,959 46,676 Total Operating Balance 13,256 16,920 30,667 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday January 11, 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) 13 178 1,468 Commodity Credit Corporation programs 47 495 3,591 Customs and Certain Excise Taxes 91 676 9,353 Deposits by States: Supplemental Security Income 0 1 1,145 Unemployment 20 127 5,320 Education Department programs 51 653 6,517 Energy Department programs 10 148 1,913 Estate and Gift Taxes 134 910 7,459 Federal Reserve Earnings 0 928 6,715 Foreign Deposits, Military Sales 55 569 4,676 FTD's Received (Table IV) 792 19,313 161,763 Housing and Urban Development programs 24 252 2,191 Individual Income and Employment Taxes, Not Withheld 1,419 10,475 40,170 Interest recd from T&L Depositaries 5 66 334 Justice Department programs 6 285 1,538 Postal Service 371 3,548 29,984 Public Debt Cash Issues (Table III-B) 54,899 155,127 1,281,288 Other Deposits: Total Other Deposits 0 762 22,973 Change in Balance of Uncollected Funds (closing balance $ 81) 74 56 61 Transfers from Depositaries 7,522 113,395 859,752 Total Federal Reserve Account 65,534 307,962 2,448,213 Tax and Loan Note Accounts: FTD's Received (Table IV) 2,163 56,050 439,423 Transfers from Federal Reserve Account (Table V) 1,697 39,645 381,911 Total Tax and Loan Note Accounts (Table V) 3,860 95,694 821,334 Total Deposits (excluding transfers) 60,175 250,617 2,027,884 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday January 11, 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 130 1,522 17,589 Defense Vendor Payments (EFT) 1,304 7,677 83,391 Education Department programs 577 3,758 23,353 Energy Department programs 98 661 7,711 Federal Employees Insurance Payments 286 1,693 14,497 Fed. Highway Administration programs 43 812 9,392 Federal Salaries (EFT) 150 3,140 42,212 Food and Nutrition Service (misc) 127 1,145 9,418 Food Stamps 86 750 5,958 GSA programs 76 649 4,484 Health and Human Services Grants (misc) 292 1,983 20,627 Housing and Urban Development programs 120 2,837 16,098 Interest on Treasury Securities 2 3,812 40,473 Justice Department programs 46 338 3,966 Labor Dept. prgms (excl. unemployment) 49 317 3,434 Medicaid 997 6,654 51,721 Medicare 1,090 18,658 126,855 NASA programs 34 269 3,081 Postal Service Money Orders and Other 172 1,741 14,316 Public Debt Cash Redemp. (Table III-B) 56,674 159,453 1,239,661 Social Security Benefits (EFT) 0 27,138 137,380 Temporary Assistance for Needy Families (HHS) 189 601 4,610 Unemployment Insurance Benefits 153 1,294 8,273 Veterans Affairs programs 62 771 6,887 Other Withdrawals: Federal Transit Admin. 54 128 869 FSLIC Resolution Fund (net) 155 155 154 Transportation Security Admin. (DHS) 5 59 616 Unclassified 869 10,923 85,863 Total, Other Withdrawals 1,083 20,356 171,367 Transfers to Depositaries 1,697 39,645 381,911 Total Federal Reserve Account 65,535 307,672 2,448,666 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 7,522 113,395 859,752 Total Withdrawals (excluding transfers) 63,839 268,028 2,066,755 Net Change in Operating Cash Balance -3,663 -17,410 -38,871 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday January 11, 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 55,104 110,651 962,642 Cash Management Series 0 0 56,000 Notes 0 40,948 229,890 Bonds 0 0 0 Inflation-Protected Securities Increment -18 -256 -3,293 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 18 216 1,263 Interest Increment 0 621 2,496 Government Account Series 130,603 1,062,719 9,121,113 Domestic Series 0 0 73 Foreign Series 0 0 0 State and Local Series 455 4,422 39,899 Other 158 626 5,115 Total Issues 186,319 1,219,947 10,415,198 (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 56,233 120,776 996,075 Notes 0 31,952 207,602 Bonds 0 3 4,031 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 98 1,158 5,302 Government Account Series 128,678 1,066,384 9,008,176 Domestic Series 0 0 73 Foreign Series 0 0 0 State and Local Series 192 4,950 21,628 Other 151 614 4,949 Total Redemptions 185,351 1,225,836 10,247,837 Net Change in Public Debt Outstanding 967 -5,890 167,361 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday January 11, 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) 186,319 1,219,947 10,415,198 Premium on New Issues 0 0 88 Discount on New Issues: Bills (-) 836 1,672 13,631 Bonds and Notes (-) 0 63 378 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 130,603 1,062,719 9,121,113 Interest Increment on United States Savings Securities (-) 0 621 2,496 Inflation-Protected Securities Increment -18 -256 -3,621 Total Public Debt Cash Issues Deposited in Federal Reserve Account 54,899 155,127 1,281,288 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 185,351 1,225,836 10,247,837 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 (-) 128,678 1,066,384 9,008,176 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 56,674 159,453 1,239,661 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday January 11, 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/ $ 4,899,286 $ 4,900,149 $ 4,901,047 $ 4,843,121 Intragovernmental Holdings 3,775,049 3,773,218 3,779,178 3,663,853 Total Public Debt Outstanding 8,674,335 8,673,367 8,680,224 8,506,974 Less: Debt Not Subject to Limit: Other Debt 505 505 505 506 Unamortized Discount 73,499 72,797 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 63 63 94 96 Total Public Debt Subject to Limit 8,586,394 8,586,128 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 $1,65 3 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Thursday January 11, 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 $ 2,537 $ 73,650 $ 491,638 Individual Income Taxes 67 200 850 Railroad Retirement Taxes 27 153 1,208 Excise Taxes 77 696 15,996 Corporation Income Taxes 205 2,336 105,838 Federal Unemployment Taxes 6 56 958 Estate and Gift Taxes & Misc IRS Rcpts. 3 20 255 Change in Balance of Unclassified Taxes 37 -175 696 Total 2,960 76,937 617,440 These Receipts were deposited in: Federal Reserve Account: Directly 109 942 11,573 Collector Depositaries 683 18,371 150,191 Tax and Loan Accounts 2,163 56,050 439,423 Inter-agency Transfers 4 1,574 16,253 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 27 $ 243 $ 2,623 $ 11,920 Deposits: Taxes Received (Table IV) 4 31 2,128 2,163 Transfers to Depositaries 0 0 97 97 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,600 Withdrawals: Treasury Initiated 17 170 2,876 3,063 Depositary Initiated 0 3 456 459 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 4,000 Closing Balance Today 14 102 1,516 8,258 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday January 11, 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 $ 4 $ 418 $ 14,141 Business 62 786 12,300 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.