1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday January 12, 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 $ 4,407 $ 4,998 $ 4,708 $ 5,451 Tax and Loan Note Accounts (Table V) 8,334 8,258 25,959 46,676 Total Operating Balance 12,741 13,256 30,667 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday January 12, 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) 11 189 1,479 Commodity Credit Corporation programs 29 524 3,619 Customs and Certain Excise Taxes 121 797 9,475 Deposits by States: Supplemental Security Income 2 3 1,147 Unemployment 27 154 5,347 Education Department programs 37 691 6,554 Energy Department programs 7 154 1,920 Estate and Gift Taxes 36 946 7,495 Federal Reserve Earnings 0 928 6,715 Foreign Deposits, Military Sales 20 588 4,696 FTD's Received (Table IV) 2,520 21,832 164,283 Housing and Urban Development programs 25 277 2,216 Individual Income and Employment Taxes, Not Withheld 1,831 12,306 42,001 Interest recd from T&L Depositaries 0 66 335 Justice Department programs 7 292 1,546 Postal Service 345 3,894 30,329 Public Debt Cash Issues (Table III-B) 159 155,286 1,281,447 Other Deposits: Air Transport Security Fees 1 28 590 Total Other Deposits 1 762 22,973 Change in Balance of Uncollected Funds (closing balance $ 81) 1 57 62 Transfers from Depositaries 8,520 121,914 868,272 Total Federal Reserve Account 13,698 321,660 2,461,912 Tax and Loan Note Accounts: FTD's Received (Table IV) 6,768 62,818 446,191 Transfers from Federal Reserve Account (Table V) 1,827 41,472 383,738 Total Tax and Loan Note Accounts (Table V) 8,595 104,290 829,930 Total Deposits (excluding transfers) 11,947 262,564 2,039,831 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday January 12, 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 91 1,613 17,680 Defense Vendor Payments (EFT) 1,059 8,735 84,450 Education Department programs 408 4,166 23,761 Energy Department programs 138 799 7,849 Federal Employees Insurance Payments 180 1,873 14,677 Fed. Highway Administration programs 125 937 9,517 Federal Salaries (EFT) 2,863 6,002 45,075 Food and Nutrition Service (misc) 109 1,254 9,528 Food Stamps 128 877 6,086 GSA programs 18 667 4,501 Health and Human Services Grants (misc) 359 2,342 20,987 Housing and Urban Development programs 118 2,954 16,216 Interest on Treasury Securities 3 3,815 40,476 Justice Department programs 47 385 4,013 Labor Dept. prgms (excl. unemployment) 62 379 3,497 Medicaid 814 7,468 52,534 Medicare 1,105 19,763 127,960 NASA programs 47 316 3,128 Postal Service Money Orders and Other 204 1,945 14,520 Public Debt Cash Redemp. (Table III-B) 254 159,707 1,239,915 Social Security Benefits (EFT) 0 27,138 137,380 Temporary Assistance for Needy Families (HHS) 246 847 4,856 Unemployment Insurance Benefits 125 1,420 8,398 Veterans Affairs programs 112 884 6,999 Other Withdrawals: Agency for Internat'l Development 297 454 3,009 Agriculture Loan Payments (misc) 107 149 390 Interior 111 532 3,138 Military Active Duty Pay (EFT) 2,290 2,290 18,723 Thrift Savings Plan Transfer 135 615 5,717 Transportation Security Admin. (DHS) 7 66 623 Unclassified 900 11,823 86,763 Total, Other Withdrawals 3,848 24,204 175,215 Transfers to Depositaries 1,827 41,472 383,738 Total Federal Reserve Account 14,289 321,962 2,462,956 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 8,520 121,914 868,272 Total Withdrawals (excluding transfers) 12,462 280,490 2,079,217 Net Change in Operating Cash Balance -516 -17,926 -39,387 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday January 12, 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 -6 110,645 962,636 Cash Management Series 0 0 56,000 Notes 0 40,948 229,890 Bonds 0 0 0 Inflation-Protected Securities Increment -19 -275 -3,312 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 23 239 1,286 Interest Increment 0 622 2,496 Government Account Series 127,365 1,190,084 9,248,478 Domestic Series 73 73 146 Foreign Series 0 0 0 State and Local Series 10 4,432 39,910 Other 59 684 5,174 Total Issues 127,505 1,347,452 10,542,703 (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 0 120,776 996,075 Notes 0 31,952 207,602 Bonds 0 3 4,031 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 82 1,240 5,384 Government Account Series 127,334 1,193,718 9,135,511 Domestic Series 0 0 73 Foreign Series 0 0 0 State and Local Series 109 5,059 21,737 Other 64 678 5,013 Total Redemptions 127,588 1,353,425 10,375,425 Net Change in Public Debt Outstanding -83 -5,973 167,277 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday January 12, 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) 127,505 1,347,452 10,542,703 Premium on New Issues 0 0 88 Discount on New Issues: Bills (-) 0 1,672 13,631 Bonds and Notes (-) 0 63 378 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 127,365 1,190,084 9,248,478 Interest Increment on United States Savings Securities (-) 0 622 2,496 Inflation-Protected Securities Increment -19 -275 -3,640 Total Public Debt Cash Issues Deposited in Federal Reserve Account 159 155,286 1,281,447 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 127,588 1,353,425 10,375,425 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 (-) 127,334 1,193,718 9,135,511 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 254 159,707 1,239,915 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday January 12, 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/ $ 4,899,372 $ 4,899,286 $ 4,901,047 $ 4,843,121 Intragovernmental Holdings 3,774,879 3,775,049 3,779,178 3,663,853 Total Public Debt Outstanding 8,674,251 8,674,335 8,680,224 8,506,974 Less: Debt Not Subject to Limit: Other Debt 505 505 505 506 Unamortized Discount 73,366 73,499 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 8,586,444 8,586,394 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 $1,75 5 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Friday January 12, 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 $ 6,571 $ 80,220 $ 498,209 Individual Income Taxes 269 469 1,119 Railroad Retirement Taxes 11 164 1,219 Excise Taxes 1,777 2,474 17,774 Corporation Income Taxes 944 3,280 106,782 Federal Unemployment Taxes 13 69 971 Estate and Gift Taxes & Misc IRS Rcpts. 3 23 258 Change in Balance of Unclassified Taxes 68 -107 764 Total 9,655 86,592 627,095 These Receipts were deposited in: Federal Reserve Account: Directly 393 1,335 11,965 Collector Depositaries 2,127 20,497 152,317 Tax and Loan Accounts 6,768 62,818 446,191 Inter-agency Transfers 368 1,942 16,621 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 14 $ 102 $ 1,516 $ 8,258 Deposits: Taxes Received (Table IV) 9 82 6,677 6,768 Transfers to Depositaries 0 0 127 127 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,700 Withdrawals: Treasury Initiated 0 0 4,478 4,478 Depositary Initiated 2 11 2,428 2,441 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,600 Closing Balance Today 21 173 1,413 8,334 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday January 12, 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 $ 18 $ 437 $ 14,159 Business 16 801 12,315 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.