1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday January 22, 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 $ 5,899 $ 4,796 $ 4,708 $ 5,451 Tax and Loan Note Accounts (Table V) 42,157 29,999 25,959 46,676 Total Operating Balance 48,056 34,794 30,667 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday January 22, 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) 12 291 1,581 Commodity Credit Corporation programs 32 738 3,833 Customs and Certain Excise Taxes 103 1,293 9,971 Deposits by States: Supplemental Security Income 0 3 1,148 Unemployment 44 339 5,532 Education Department programs 86 1,053 6,917 Energy Department programs 31 230 1,995 Estate and Gift Taxes 90 1,514 8,063 Federal Reserve Earnings 0 1,385 7,173 Foreign Deposits, Military Sales 3 629 4,737 FTD's Received (Table IV) 1,692 36,495 178,946 Housing and Urban Development programs 31 406 2,345 Individual Income and Employment Taxes, Not Withheld 8,719 45,628 75,323 Interest recd from T&L Depositaries 1 72 340 Justice Department programs 5 453 1,706 Postal Service 402 6,072 32,507 Public Debt Cash Issues (Table III-B) 88 222,758 1,348,919 Other Deposits: Total Other Deposits 0 1,033 23,244 Change in Balance of Uncollected Funds (closing balance $ 34) 104 104 109 Transfers from Depositaries 5,939 175,493 921,851 Total Federal Reserve Account 17,382 495,989 2,636,240 Tax and Loan Note Accounts: FTD's Received (Table IV) 8,161 104,991 488,364 Transfers from Federal Reserve Account (Table V) 9,937 86,701 428,967 Total Tax and Loan Note Accounts (Table V) 18,098 191,692 917,332 Total Deposits (excluding transfers) 19,604 425,487 2,202,754 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday January 22, 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 102 2,130 18,198 Defense Vendor Payments (EFT) 1,102 15,294 91,008 Education Department programs 476 6,872 26,467 Energy Department programs 101 1,345 8,394 Federal Employees Insurance Payments 182 2,754 15,558 Fed. Highway Administration programs 96 1,637 10,216 Federal Salaries (EFT) 127 8,559 47,631 Food and Nutrition Service (misc) 169 2,131 10,405 Food Stamps 110 1,456 6,665 GSA programs 12 895 4,729 Health and Human Services Grants (misc) 200 3,629 22,274 Housing and Urban Development programs 91 3,453 16,715 Interest on Treasury Securities 3 9,375 46,036 Justice Department programs 21 632 4,260 Labor Dept. prgms (excl. unemployment) 39 702 3,820 Medicaid 411 10,981 56,048 Medicare 1,098 25,673 133,870 NASA programs 36 560 3,372 Postal Service Money Orders and Other 232 3,164 15,739 Public Debt Cash Redemp. (Table III-B) 202 239,063 1,319,271 Social Security Benefits (EFT) 0 32,364 142,606 Temporary Assistance for Needy Families (HHS) 20 1,036 5,045 Unemployment Insurance Benefits 175 2,300 9,278 Veterans Affairs programs 111 1,390 7,505 Other Withdrawals: Emergency Prep & Response (DHS) 58 422 2,884 IRS Tax Refunds Business (EFT) 592 622 4,792 Tennessee Valley Authority (net) -74 68 -66 Transportation Security Admin. (DHS) 3 97 655 Unclassified 645 16,181 91,121 Total, Other Withdrawals 1,224 30,703 181,714 Transfers to Depositaries 9,937 86,701 428,967 Total Federal Reserve Account 16,279 494,798 2,635,792 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 5,939 175,493 921,851 Total Withdrawals (excluding transfers) 6,342 408,097 2,206,825 Net Change in Operating Cash Balance 13,262 17,390 -4,071 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday January 22, 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 -1 166,101 1,018,092 Cash Management Series 0 0 56,000 Notes 0 52,198 241,139 Bonds 0 0 0 Inflation-Protected Securities Increment -53 -453 -3,490 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 18 327 1,373 Interest Increment 0 625 2,499 Government Account Series 127,212 1,843,655 9,902,049 Domestic Series 0 73 146 Foreign Series 0 0 0 State and Local Series 18 5,675 41,152 Other 53 1,038 5,527 Total Issues 127,248 2,069,237 11,264,489 (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 0 178,243 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 83 1,675 5,819 Government Account Series 125,462 1,833,730 9,775,523 Domestic Series 0 73 146 Foreign Series 0 0 0 State and Local Series 65 6,018 22,697 Other 54 1,041 5,376 Total Redemptions 125,664 2,072,793 11,094,794 Net Change in Public Debt Outstanding 1,583 -3,556 169,695 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday January 22, 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) 127,248 2,069,237 11,264,489 Premium on New Issues 0 0 88 Discount on New Issues: Bills (-) 0 2,515 14,475 Bonds and Notes (-) 0 137 452 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 127,212 1,843,655 9,902,049 Interest Increment on United States Savings Securities (-) 0 625 2,499 Inflation-Protected Securities Increment -53 -452 -3,817 Total Public Debt Cash Issues Deposited in Federal Reserve Account 88 222,758 1,348,919 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 125,664 2,072,793 11,094,794 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 (-) 125,462 1,833,730 9,775,523 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 202 239,063 1,319,271 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday January 22, 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/ $ 4,888,096 $ 4,888,252 $ 4,901,047 $ 4,843,121 Intragovernmental Holdings 3,788,573 3,786,834 3,779,178 3,663,853 Total Public Debt Outstanding 8,676,668 8,675,085 8,680,224 8,506,974 Less: Debt Not Subject to Limit: Other Debt 505 505 505 506 Unamortized Discount 73,805 74,204 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 71 94 96 Total Public Debt Subject to Limit 8,588,430 8,586,448 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 3 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Monday January 22, 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 $ 10,114 $ 126,593 $ 544,582 Individual Income Taxes 11 1,459 2,109 Railroad Retirement Taxes 37 308 1,363 Excise Taxes 28 2,606 17,906 Corporation Income Taxes 194 12,037 115,538 Federal Unemployment Taxes 17 154 1,056 Estate and Gift Taxes & Misc IRS Rcpts. 2 33 268 Change in Balance of Unclassified Taxes -491 1,116 1,987 Total 9,912 144,306 684,809 These Receipts were deposited in: Federal Reserve Account: Directly 90 2,182 12,812 Collector Depositaries 1,601 34,313 166,133 Tax and Loan Accounts 8,161 104,991 488,364 Inter-agency Transfers 59 2,820 17,499 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 39 $ 276 $ 1,456 $ 29,999 Deposits: Taxes Received (Table IV) 6 50 8,105 8,161 Transfers to Depositaries 0 0 437 437 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 5,500 Repo Investment 0 0 0 4,000 Withdrawals: Treasury Initiated 0 0 0 0 Depositary Initiated 1 17 2,722 2,739 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 3,200 Closing Balance Today 44 309 7,277 42,157 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday January 22, 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 $ 459 $ 14,182 Business 654 1,612 13,125 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.