1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday January 26, 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 $ 4,949 $ 4,756 $ 4,708 $ 5,451 Tax and Loan Note Accounts (Table V) 46,097 53,230 25,959 46,676 Total Operating Balance 51,046 57,986 30,667 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday January 26, 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) 11 346 1,636 Commodity Credit Corporation programs 39 893 3,988 Customs and Certain Excise Taxes 91 2,362 11,040 Deposits by States: Supplemental Security Income 0 4 1,148 Unemployment 76 626 5,819 Education Department programs 31 1,282 7,146 Energy Department programs 26 416 2,181 Estate and Gift Taxes 69 1,835 8,384 Federal Reserve Earnings 0 1,949 7,736 Foreign Deposits, Military Sales 7 764 4,872 FTD's Received (Table IV) 1,435 42,090 184,541 Housing and Urban Development programs 17 482 2,421 Individual Income and Employment Taxes, Not Withheld 787 64,243 93,938 Interest recd from T&L Depositaries 1 80 348 Justice Department programs 5 494 1,748 Postal Service 346 7,661 34,097 Public Debt Cash Issues (Table III-B) 188 282,470 1,408,631 Other Deposits: Total Other Deposits 0 1,263 23,474 Change in Balance of Uncollected Funds (closing balance $ 98) 2 40 45 Transfers from Depositaries 14,658 216,924 963,282 Total Federal Reserve Account 17,787 626,222 2,766,474 Tax and Loan Note Accounts: FTD's Received (Table IV) 5,888 118,297 501,671 Transfers from Federal Reserve Account (Table V) 1,636 118,765 461,032 Total Tax and Loan Note Accounts (Table V) 7,525 237,063 962,702 Total Deposits (excluding transfers) 9,018 527,596 2,304,863 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday January 26, 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 329 2,732 18,799 Defense Vendor Payments (EFT) 1,348 20,952 96,667 Education Department programs 743 8,903 28,498 Energy Department programs 88 1,711 8,761 Federal Employees Insurance Payments 136 4,024 16,828 Fed. Highway Administration programs 75 1,930 10,510 Federal Salaries (EFT) 2,616 11,552 50,624 Food and Nutrition Service (misc) 73 2,411 10,684 Food Stamps 35 1,693 6,902 GSA programs 25 1,053 4,887 Health and Human Services Grants (misc) 325 4,825 23,469 Housing and Urban Development programs 122 3,888 17,150 Interest on Treasury Securities 2 9,383 46,044 Justice Department programs 64 860 4,488 Labor Dept. prgms (excl. unemployment) 57 923 4,041 Medicaid 470 13,889 58,955 Medicare 1,206 31,183 139,381 NASA programs 125 825 3,637 Postal Service Money Orders and Other 204 3,774 16,349 Public Debt Cash Redemp. (Table III-B) 128 296,931 1,377,139 Social Security Benefits (EFT) 0 37,754 147,996 Temporary Assistance for Needy Families (HHS) 61 1,194 5,203 Unemployment Insurance Benefits 113 2,923 9,902 Veterans Affairs programs 77 1,693 7,808 Other Withdrawals: Emergency Prep & Response (DHS) 55 547 3,009 IRS Tax Refunds Business (EFT) 102 855 5,025 IRS Tax Refunds Individual (EFT) 6,523 6,533 8,996 Thrift Savings Plan Transfer 98 1,297 6,398 Transportation Security Admin. (DHS) 1 119 676 U.S. District Courts (net) -144 -485 -711 Unclassified 900 18,871 93,811 Total, Other Withdrawals 7,536 40,209 191,220 Transfers to Depositaries 1,636 118,765 461,032 Total Federal Reserve Account 17,594 625,981 2,766,976 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 14,658 216,924 963,282 Total Withdrawals (excluding transfers) 15,958 507,216 2,305,944 Net Change in Operating Cash Balance -6,940 20,379 -1,081 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday January 26, 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 0 223,167 1,075,158 Cash Management Series 0 0 56,000 Notes 0 52,198 241,139 Bonds 0 0 0 Inflation-Protected Securities Increment -18 -524 -3,561 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 21 392 1,439 Interest Increment 0 626 2,501 Government Account Series 129,995 2,369,200 10,427,594 Domestic Series 0 73 146 Foreign Series 0 0 0 State and Local Series 112 8,809 44,286 Other 55 1,338 5,828 Total Issues 130,165 2,655,280 11,850,531 (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 0 235,312 1,110,611 Notes 0 52,009 227,660 Bonds 0 6 4,034 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 57 1,945 6,089 Government Account Series 130,294 2,355,358 10,297,151 Domestic Series 0 73 146 Foreign Series 0 0 0 State and Local Series 7 6,241 22,919 Other 63 1,346 5,682 Total Redemptions 130,422 2,652,290 11,674,291 Net Change in Public Debt Outstanding -257 2,990 176,240 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday January 26, 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) 130,165 2,655,280 11,850,531 Premium on New Issues 0 0 88 Discount on New Issues: Bills (-) 0 3,370 15,329 Bonds and Notes (-) 0 137 452 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 129,995 2,369,200 10,427,594 Interest Increment on United States Savings Securities (-) 0 626 2,501 Inflation-Protected Securities Increment -18 -524 -3,889 Total Public Debt Cash Issues Deposited in Federal Reserve Account 188 282,470 1,408,631 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 130,422 2,652,290 11,674,291 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 (-) 130,294 2,355,358 10,297,151 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 128 296,931 1,377,139 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday January 26, 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/ $ 4,890,834 $ 4,890,714 $ 4,901,047 $ 4,843,121 Intragovernmental Holdings 3,792,380 3,792,757 3,779,178 3,663,853 Total Public Debt Outstanding 8,683,214 8,683,472 8,680,224 8,506,974 Less: Debt Not Subject to Limit: Other Debt 505 505 505 506 Unamortized Discount 74,128 74,261 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 8,594,653 8,594,777 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 $1,65 1 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Friday January 26, 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 $ 7,630 $ 147,210 $ 565,199 Individual Income Taxes 6 1,487 2,137 Railroad Retirement Taxes 30 346 1,402 Excise Taxes 71 3,104 18,404 Corporation Income Taxes 45 12,284 115,785 Federal Unemployment Taxes 27 257 1,159 Estate and Gift Taxes & Misc IRS Rcpts. 2 42 277 Change in Balance of Unclassified Taxes -157 -591 280 Total 7,653 164,139 704,642 These Receipts were deposited in: Federal Reserve Account: Directly 118 2,657 13,287 Collector Depositaries 1,317 39,433 171,253 Tax and Loan Accounts 5,888 118,297 501,671 Inter-agency Transfers 329 3,751 18,431 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 58 $ 433 $ 6,711 $ 53,230 Deposits: Taxes Received (Table IV) 5 49 5,834 5,888 Transfers to Depositaries 0 0 36 36 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,600 Withdrawals: Treasury Initiated 56 422 8,523 9,001 Depositary Initiated 1 4 1,651 1,657 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 4,000 Closing Balance Today 6 56 2,408 46,097 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday January 26, 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 $ 6,529 $ 7,004 $ 20,726 Business 139 2,115 13,629 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.