1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday January 18, 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 $ 4,782 $ 5,533 $ 4,708 $ 5,451 Tax and Loan Note Accounts (Table V) 25,459 23,856 25,959 46,676 Total Operating Balance 30,241 29,388 30,667 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday January 18, 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) 13 267 1,557 Commodity Credit Corporation programs 42 662 3,757 Customs and Certain Excise Taxes 119 1,077 9,754 Deposits by States: Supplemental Security Income 0 3 1,148 Unemployment 39 248 5,441 Education Department programs 94 937 6,801 Energy Department programs 14 194 1,959 Estate and Gift Taxes 158 1,256 7,806 Federal Reserve Earnings 0 1,385 7,173 Foreign Deposits, Military Sales 5 617 4,725 FTD's Received (Table IV) 3,021 33,071 175,521 Housing and Urban Development programs 21 353 2,292 Individual Income and Employment Taxes, Not Withheld 3,923 32,445 62,141 Interest recd from T&L Depositaries 2 70 338 Justice Department programs 8 327 1,581 Postal Service 416 5,302 31,738 Public Debt Cash Issues (Table III-B) 55,202 222,576 1,348,737 Other Deposits: Total Other Deposits 0 835 23,046 Change in Balance of Uncollected Funds (closing balance $ 91) 1 46 51 Transfers from Depositaries 7,820 161,821 908,179 Total Federal Reserve Account 70,899 463,492 2,603,744 Tax and Loan Note Accounts: FTD's Received (Table IV) 3,280 92,893 476,266 Transfers from Federal Reserve Account (Table V) 6,143 68,429 410,695 Total Tax and Loan Note Accounts (Table V) 9,423 161,322 886,961 Total Deposits (excluding transfers) 66,359 394,564 2,171,831 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday January 18, 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 101 1,958 18,026 Defense Vendor Payments (EFT) 983 12,967 88,681 Education Department programs 552 5,905 25,500 Energy Department programs 137 1,132 8,182 Federal Employees Insurance Payments 167 2,418 15,222 Fed. Highway Administration programs 95 1,427 10,007 Federal Salaries (EFT) 731 8,347 47,419 Food and Nutrition Service (misc) 154 1,840 10,113 Food Stamps 52 1,281 6,490 GSA programs 31 789 4,624 Health and Human Services Grants (misc) 248 3,144 21,789 Housing and Urban Development programs 133 3,273 16,535 Interest on Treasury Securities 5 9,368 46,030 Justice Department programs 38 539 4,167 Labor Dept. prgms (excl. unemployment) 48 536 3,653 Medicaid 1,463 10,030 55,096 Medicare 1,217 23,321 131,518 NASA programs 17 483 3,295 Postal Service Money Orders and Other 191 2,712 15,287 Public Debt Cash Redemp. (Table III-B) 57,740 238,588 1,318,796 Social Security Benefits (EFT) 0 32,364 142,606 Temporary Assistance for Needy Families (HHS) 20 971 4,980 Unemployment Insurance Benefits 160 1,993 8,971 Veterans Affairs programs 135 1,157 7,273 Other Withdrawals: FSLIC Resolution Fund (net) 97 252 251 Interior 57 675 3,281 Thrift Savings Plan Transfer 139 1,029 6,130 Transportation Security Admin. (DHS) 5 91 648 Unclassified 791 14,780 89,720 Total, Other Withdrawals 1,088 28,446 179,456 Transfers to Depositaries 6,143 68,429 410,695 Total Federal Reserve Account 71,649 463,418 2,604,412 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 7,820 161,821 908,179 Total Withdrawals (excluding transfers) 65,506 394,990 2,193,717 Net Change in Operating Cash Balance 853 -426 -21,886 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday January 18, 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 55,471 166,112 1,018,104 Cash Management Series 0 0 56,000 Notes 0 52,198 241,139 Bonds 0 0 0 Inflation-Protected Securities Increment -18 -382 -3,419 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 15 294 1,340 Interest Increment 1 624 2,498 Government Account Series 129,323 1,582,763 9,641,157 Domestic Series 0 73 146 Foreign Series 0 0 0 State and Local Series 415 5,622 41,100 Other 144 930 5,419 Total Issues 185,351 1,808,233 11,003,484 (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 57,467 178,243 1,053,541 Notes 0 52,009 227,660 Bonds 0 4 4,032 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 80 1,516 5,660 Government Account Series 126,905 1,577,204 9,518,997 Domestic Series 0 73 146 Foreign Series 0 0 0 State and Local Series 57 5,822 22,500 Other 135 922 5,257 Total Redemptions 184,645 1,815,793 10,837,794 Net Change in Public Debt Outstanding 706 -7,560 165,691 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday January 18, 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) 185,351 1,808,233 11,003,484 Premium on New Issues 0 0 88 Discount on New Issues: Bills (-) 844 2,515 14,475 Bonds and Notes (-) 0 137 452 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 129,323 1,582,763 9,641,157 Interest Increment on United States Savings Securities (-) 1 624 2,498 Inflation-Protected Securities Increment -18 -382 -3,747 Total Public Debt Cash Issues Deposited in Federal Reserve Account 55,202 222,576 1,348,737 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 184,645 1,815,793 10,837,794 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 (-) 126,905 1,577,204 9,518,997 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 57,740 238,588 1,318,796 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday January 18, 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/ $ 4,888,466 $ 4,890,301 $ 4,901,047 $ 4,843,121 Intragovernmental Holdings 3,784,199 3,781,658 3,779,178 3,663,853 Total Public Debt Outstanding 8,672,665 8,671,959 8,680,224 8,506,974 Less: Debt Not Subject to Limit: Other Debt 505 505 505 506 Unamortized Discount 73,410 72,699 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 71 72 94 96 Total Public Debt Subject to Limit 8,584,821 8,584,827 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 $3,57 0 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Thursday January 18, 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 $ 6,282 $ 110,770 $ 528,759 Individual Income Taxes 36 1,429 2,079 Railroad Retirement Taxes 4 263 1,318 Excise Taxes 10 2,564 17,864 Corporation Income Taxes 89 11,746 115,248 Federal Unemployment Taxes 12 123 1,025 Estate and Gift Taxes & Misc IRS Rcpts. 2 29 264 Change in Balance of Unclassified Taxes 39 1,782 2,653 Total 6,473 128,707 669,210 These Receipts were deposited in: Federal Reserve Account: Directly 79 1,995 12,625 Collector Depositaries 2,942 31,076 162,896 Tax and Loan Accounts 3,280 92,893 476,266 Inter-agency Transfers 172 2,743 17,423 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 49 $ 328 $ 1,952 $ 23,856 Deposits: Taxes Received (Table IV) 5 42 3,233 3,280 Transfers to Depositaries 0 0 143 143 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 2,500 Repo Investment 0 0 0 3,500 Withdrawals: Treasury Initiated 18 134 2,076 2,228 Depositary Initiated 1 6 1,585 1,592 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 4,000 Closing Balance Today 35 231 1,666 25,459 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday January 18, 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 $ 451 $ 14,173 Business 10 875 12,388 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.