1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday January 23, 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 $ 5,302 $ 5,899 $ 4,708 $ 5,451 Tax and Loan Note Accounts (Table V) 53,926 42,157 25,959 46,676 Total Operating Balance 59,228 48,056 30,667 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday January 23, 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) 14 306 1,595 Commodity Credit Corporation programs 41 779 3,874 Customs and Certain Excise Taxes 118 1,411 10,089 Deposits by States: Supplemental Security Income 0 3 1,148 Unemployment 59 398 5,591 Education Department programs 56 1,109 6,973 Energy Department programs 25 255 2,020 Estate and Gift Taxes 76 1,590 8,139 Federal Reserve Earnings 0 1,385 7,173 Foreign Deposits, Military Sales 17 646 4,754 FTD's Received (Table IV) 622 37,117 179,567 Housing and Urban Development programs 19 425 2,364 Individual Income and Employment Taxes, Not Withheld 14,056 59,684 89,380 Interest recd from T&L Depositaries 1 72 341 Justice Department programs 9 461 1,715 Postal Service 483 6,554 32,990 Public Debt Cash Issues (Table III-B) 687 223,445 1,349,606 Other Deposits: Air Transport Security Fees 2 32 593 Defense Finance & Accounting Service 57 544 2,686 Total Other Deposits 59 1,093 23,304 Change in Balance of Uncollected Funds (closing balance $ 188) -155 -51 -46 Transfers from Depositaries 4,847 180,340 926,698 Total Federal Reserve Account 21,034 517,022 2,657,274 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,540 106,531 489,904 Transfers from Federal Reserve Account (Table V) 15,075 101,776 444,043 Total Tax and Loan Note Accounts (Table V) 16,616 208,307 933,947 Total Deposits (excluding transfers) 17,727 443,213 2,220,481 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday January 23, 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 59 2,189 18,256 Defense Vendor Payments (EFT) 2,017 17,311 93,026 Education Department programs 304 7,177 26,772 Energy Department programs 112 1,457 8,507 Federal Employees Insurance Payments 192 2,945 15,750 Fed. Highway Administration programs 66 1,702 10,282 Federal Salaries (EFT) 91 8,649 47,722 Food and Nutrition Service (misc) 50 2,181 10,454 Food Stamps 98 1,554 6,763 GSA programs 41 936 4,771 Health and Human Services Grants (misc) 299 3,928 22,573 Housing and Urban Development programs 120 3,573 16,835 Interest on Treasury Securities 3 9,378 46,039 Justice Department programs 44 676 4,304 Labor Dept. prgms (excl. unemployment) 40 742 3,860 Medicaid 629 11,610 56,676 Medicare 1,480 27,152 135,350 NASA programs 43 602 3,415 Postal Service Money Orders and Other 146 3,310 15,885 Public Debt Cash Redemp. (Table III-B) 137 239,200 1,319,408 Social Security Benefits (EFT) 0 32,364 142,606 Temporary Assistance for Needy Families (HHS) 35 1,072 5,081 Unemployment Insurance Benefits 179 2,479 9,457 Veterans Affairs programs 80 1,469 7,585 Other Withdrawals: Tennessee Valley Authority (net) 66 133 -1 Transportation Security Admin. (DHS) 11 108 666 U.S. District Courts (net) -146 -341 -567 Unclassified 360 16,542 91,481 Total, Other Withdrawals 291 30,994 182,004 Transfers to Depositaries 15,075 101,776 444,043 Total Federal Reserve Account 21,630 516,428 2,657,422 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 4,847 180,340 926,698 Total Withdrawals (excluding transfers) 6,555 414,652 2,213,380 Net Change in Operating Cash Balance 11,172 28,561 7,101 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday January 23, 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 0 166,100 1,018,092 Cash Management Series 0 0 56,000 Notes 0 52,198 241,139 Bonds 0 0 0 Inflation-Protected Securities Increment -18 -471 -3,507 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 13 340 1,386 Interest Increment 1 625 2,500 Government Account Series 129,950 1,973,606 10,032,000 Domestic Series 0 73 146 Foreign Series 0 0 0 State and Local Series 623 6,297 41,775 Other 52 1,089 5,579 Total Issues 130,620 2,199,858 11,395,109 (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 1 5 4,033 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 79 1,754 5,898 Government Account Series 125,506 1,959,237 9,901,029 Domestic Series 0 73 146 Foreign Series 0 0 0 State and Local Series 0 6,018 22,697 Other 57 1,098 5,433 Total Redemptions 125,643 2,198,436 11,220,437 Net Change in Public Debt Outstanding 4,977 1,421 174,672 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday January 23, 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) 130,620 2,199,858 11,395,109 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 (-) 129,950 1,973,606 10,032,000 Interest Increment on United States Savings Securities (-) 1 625 2,500 Inflation-Protected Securities Increment -18 -470 -3,835 Total Public Debt Cash Issues Deposited in Federal Reserve Account 687 223,445 1,349,606 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 125,643 2,198,436 11,220,437 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 (-) 125,506 1,959,237 9,901,029 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 137 239,200 1,319,408 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday January 23, 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/ $ 4,888,595 $ 4,888,096 $ 4,901,047 $ 4,843,121 Intragovernmental Holdings 3,793,051 3,788,573 3,779,178 3,663,853 Total Public Debt Outstanding 8,681,646 8,676,668 8,680,224 8,506,974 Less: Debt Not Subject to Limit: Other Debt 505 505 505 506 Unamortized Discount 73,672 73,805 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 8,593,540 8,588,430 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 6 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Tuesday January 23, 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 $ 3,161 $ 129,754 $ 547,743 Individual Income Taxes 8 1,467 2,117 Railroad Retirement Taxes 1 309 1,364 Excise Taxes 20 2,627 17,927 Corporation Income Taxes 82 12,119 115,621 Federal Unemployment Taxes 30 184 1,086 Estate and Gift Taxes & Misc IRS Rcpts. 1 33 268 Change in Balance of Unclassified Taxes -915 201 1,072 Total 2,389 146,695 687,198 These Receipts were deposited in: Federal Reserve Account: Directly 144 2,326 12,957 Collector Depositaries 477 34,790 166,610 Tax and Loan Accounts 1,540 106,531 489,904 Inter-agency Transfers 227 3,047 17,726 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 44 $ 309 $ 7,277 $ 42,157 Deposits: Taxes Received (Table IV) 4 30 1,506 1,540 Transfers to Depositaries 4 68 6,003 6,075 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 5,000 Repo Investment 0 0 0 4,000 Withdrawals: Treasury Initiated 0 0 0 0 Depositary Initiated 1 15 831 847 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 4,000 Closing Balance Today 51 393 13,955 53,926 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday January 23, 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 2/$ 0 $ 459 $ 14,182 Business 2/ 0 1,612 13,125 2/The daily issuance information was unavailable due to systems problems. The reporting for January 23, 2007 will be included on the January 24, 2007 Da ily Treasury Statement. 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.