1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday January 16, 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 $ 4,643 $ 4,407 $ 4,708 $ 5,451 Tax and Loan Note Accounts (Table V) 16,254 8,334 25,959 46,676 Total Operating Balance 20,897 12,741 30,667 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday January 16, 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) 50 239 1,529 Commodity Credit Corporation programs 36 560 3,655 Customs and Certain Excise Taxes 72 869 9,547 Deposits by States: Supplemental Security Income 0 3 1,147 Unemployment 22 176 5,369 Education Department programs 107 798 6,662 Energy Department programs 19 173 1,939 Estate and Gift Taxes 57 1,003 7,552 Federal Reserve Earnings 0 928 6,715 Foreign Deposits, Military Sales 6 594 4,702 FTD's Received (Table IV) 5,679 27,512 169,962 Housing and Urban Development programs 24 301 2,240 Individual Income and Employment Taxes, Not Withheld 2,435 14,741 44,437 Interest recd from T&L Depositaries 1 67 336 Justice Department programs 5 297 1,551 Postal Service 426 4,319 30,755 Public Debt Cash Issues (Table III-B) 11,554 166,840 1,293,001 Other Deposits: Air Transport Security Fees 1 29 590 Total Other Deposits 1 763 22,974 Change in Balance of Uncollected Funds (closing balance $ 28) 53 109 114 Transfers from Depositaries 25,692 147,606 893,964 Total Federal Reserve Account 46,240 367,900 2,508,151 Tax and Loan Note Accounts: FTD's Received (Table IV) 23,611 86,430 469,803 Transfers from Federal Reserve Account (Table V) 10,000 51,472 393,738 Total Tax and Loan Note Accounts (Table V) 33,611 137,901 863,541 Total Deposits (excluding transfers) 44,159 306,723 2,083,990 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday January 16, 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 147 1,760 17,827 Defense Vendor Payments (EFT) 1,492 10,227 85,942 Education Department programs 744 4,909 24,504 Energy Department programs 111 910 7,960 Federal Employees Insurance Payments 220 2,092 14,897 Fed. Highway Administration programs 258 1,195 9,775 Federal Salaries (EFT) 1,470 7,473 46,546 Food and Nutrition Service (misc) 279 1,533 9,806 Food Stamps 251 1,128 6,337 GSA programs 59 726 4,560 Health and Human Services Grants (misc) 233 2,575 21,219 Housing and Urban Development programs 96 3,051 16,313 Interest on Treasury Securities 5,545 9,360 46,021 Justice Department programs 62 447 4,075 Labor Dept. prgms (excl. unemployment) 63 442 3,560 Medicaid 524 7,992 53,058 Medicare 874 20,636 128,834 NASA programs 115 431 3,243 Postal Service Money Orders and Other 356 2,302 14,877 Public Debt Cash Redemp. (Table III-B) 20,894 180,601 1,260,809 Social Security Benefits (EFT) 0 27,138 137,380 Temporary Assistance for Needy Families (HHS) 80 928 4,937 Unemployment Insurance Benefits 187 1,606 8,585 Veterans Affairs programs 128 1,011 7,127 Other Withdrawals: Export-Import Bank (net) -81 -123 -500 Federal Aviation Administration 56 258 2,400 Interior 51 583 3,189 Pmt. to Resolution Funding Corp (Treas) 518 518 1,065 Thrift Savings Plan Transfer 149 764 5,866 Transportation Security Admin. (DHS) 11 77 634 Unclassified 1,113 12,936 87,875 Total, Other Withdrawals 1,815 26,020 177,030 Transfers to Depositaries 10,000 51,472 393,738 Total Federal Reserve Account 46,003 367,965 2,508,959 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 25,692 147,606 893,964 Total Withdrawals (excluding transfers) 36,003 316,493 2,115,220 Net Change in Operating Cash Balance 8,156 -9,770 -31,230 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday January 16, 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 -3 110,641 962,633 Cash Management Series 0 0 56,000 Notes 11,250 52,198 241,139 Bonds 0 0 0 Inflation-Protected Securities Increment -72 -347 -3,383 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 26 265 1,312 Interest Increment 1 623 2,497 Government Account Series 129,371 1,319,455 9,377,849 Domestic Series 0 73 146 Foreign Series 0 0 0 State and Local Series 301 4,733 40,210 Other 54 739 5,228 Total Issues 140,928 1,488,380 10,683,631 (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 20,058 52,009 227,660 Bonds 0 3 4,031 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 103 1,343 5,487 Government Account Series 125,870 1,319,588 9,261,381 Domestic Series 73 73 146 Foreign Series 0 0 0 State and Local Series 598 5,657 22,335 Other 62 740 5,075 Total Redemptions 146,764 1,500,189 10,522,190 Net Change in Public Debt Outstanding -5,836 -11,809 161,441 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday January 16, 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) 140,928 1,488,380 10,683,631 Premium on New Issues 0 0 88 Discount on New Issues: Bills (-) 0 1,672 13,631 Bonds and Notes (-) 73 137 452 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 129,371 1,319,455 9,377,849 Interest Increment on United States Savings Securities (-) 1 623 2,497 Inflation-Protected Securities Increment -71 -346 -3,711 Total Public Debt Cash Issues Deposited in Federal Reserve Account 11,554 166,840 1,293,001 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 146,764 1,500,189 10,522,190 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 (-) 125,870 1,319,588 9,261,381 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 20,894 180,601 1,260,809 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday January 16, 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/ $ 4,889,977 $ 4,899,372 $ 4,901,047 $ 4,843,121 Intragovernmental Holdings 3,778,438 3,774,879 3,779,178 3,663,853 Total Public Debt Outstanding 8,668,415 8,674,251 8,680,224 8,506,974 Less: Debt Not Subject to Limit: Other Debt 505 505 505 506 Unamortized Discount 72,833 73,366 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 8,581,141 8,586,444 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 6 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Tuesday January 16, 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 $ 20,070 $ 100,290 $ 518,279 Individual Income Taxes 867 1,336 1,986 Railroad Retirement Taxes 91 255 1,311 Excise Taxes 68 2,542 17,842 Corporation Income Taxes 7,888 11,168 114,670 Federal Unemployment Taxes 19 88 990 Estate and Gift Taxes & Misc IRS Rcpts. 2 25 260 Change in Balance of Unclassified Taxes 500 393 1,264 Total 29,506 116,098 656,601 These Receipts were deposited in: Federal Reserve Account: Directly 104 1,439 12,069 Collector Depositaries 5,576 26,073 157,893 Tax and Loan Accounts 23,611 86,430 469,803 Inter-agency Transfers 215 2,157 16,836 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 21 $ 173 $ 1,413 $ 8,334 Deposits: Taxes Received (Table IV) 19 155 23,437 23,611 Transfers to Depositaries 0 0 0 0 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 6,000 Repo Investment 0 0 0 4,000 Withdrawals: Treasury Initiated 0 0 14,182 14,182 Depositary Initiated 4 59 9,747 9,810 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,700 Closing Balance Today 36 269 922 16,254 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday January 16, 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 $ 6 $ 443 $ 14,165 Business 55 857 12,371 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.