1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday January 29, 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 $ 4,906 $ 4,949 $ 4,708 $ 5,451 Tax and Loan Note Accounts (Table V) 57,609 46,097 25,959 46,676 Total Operating Balance 62,516 51,046 30,667 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday January 29, 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) 16 362 1,652 Commodity Credit Corporation programs 38 931 4,026 Customs and Certain Excise Taxes 147 2,509 11,187 Deposits by States: Supplemental Security Income 1 4 1,149 Unemployment 111 737 5,930 Education Department programs 84 1,366 7,229 Energy Department programs 106 522 2,287 Estate and Gift Taxes 59 1,894 8,443 Federal Reserve Earnings 0 1,949 7,736 Foreign Deposits, Military Sales 54 818 4,926 FTD's Received (Table IV) 2,708 44,798 187,249 Housing and Urban Development programs 26 508 2,447 Individual Income and Employment Taxes, Not Withheld 876 65,119 94,814 Interest recd from T&L Depositaries 1 80 349 Justice Department programs 5 499 1,753 Postal Service 407 8,068 34,503 Public Debt Cash Issues (Table III-B) 3,696 286,166 1,412,327 Other Deposits: Air Transport Security Fees 2 35 597 Total Other Deposits 2 1,265 23,476 Change in Balance of Uncollected Funds (closing balance $ 40) 57 97 102 Transfers from Depositaries 7,440 224,364 970,721 Total Federal Reserve Account 15,833 642,056 2,782,307 Tax and Loan Note Accounts: FTD's Received (Table IV) 10,738 129,036 512,409 Transfers from Federal Reserve Account (Table V) 8,214 126,979 469,246 Total Tax and Loan Note Accounts (Table V) 18,952 256,015 981,654 Total Deposits (excluding transfers) 19,132 546,728 2,323,995 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday January 29, 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 199 2,931 18,998 Defense Vendor Payments (EFT) 1,068 22,020 97,735 Education Department programs 571 9,474 29,069 Energy Department programs 90 1,801 8,851 Federal Employees Insurance Payments 129 4,153 16,958 Fed. Highway Administration programs 116 2,046 10,626 Federal Salaries (EFT) 1,181 12,733 51,806 Food and Nutrition Service (misc) 120 2,531 10,805 Food Stamps 65 1,759 6,967 GSA programs 15 1,068 4,902 Health and Human Services Grants (misc) 218 5,043 23,687 Housing and Urban Development programs 98 3,986 17,248 Interest on Treasury Securities 5 9,388 46,049 Justice Department programs 26 886 4,514 Labor Dept. prgms (excl. unemployment) 44 967 4,085 Medicaid 494 14,383 59,449 Medicare 884 32,068 140,265 NASA programs 36 861 3,674 Postal Service Money Orders and Other 303 4,076 16,652 Public Debt Cash Redemp. (Table III-B) 233 297,165 1,377,373 Social Security Benefits (EFT) 0 37,754 147,996 Temporary Assistance for Needy Families (HHS) 40 1,234 5,243 Unemployment Insurance Benefits 163 3,087 10,065 Veterans Affairs programs 154 1,847 7,963 Other Withdrawals: Thrift Savings Plan Transfer 166 1,463 6,564 Transportation Security Admin. (DHS) 40 159 716 U.S. District Courts (net) -145 -630 -856 Unclassified 1,347 20,218 95,158 Total, Other Withdrawals 1,408 41,618 192,628 Transfers to Depositaries 8,214 126,979 469,246 Total Federal Reserve Account 15,876 641,857 2,782,852 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 7,440 224,364 970,721 Total Withdrawals (excluding transfers) 7,662 514,878 2,313,606 Net Change in Operating Cash Balance 11,470 31,849 10,389 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday January 29, 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 -3 223,164 1,075,155 Cash Management Series 0 0 56,000 Notes 0 52,198 241,139 Bonds 0 0 0 Inflation-Protected Securities Increment -52 -577 -3,614 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 22 415 1,461 Interest Increment 0 627 2,501 Government Account Series 130,853 2,500,053 10,558,447 Domestic Series 0 73 146 Foreign Series 0 0 0 State and Local Series 3,629 12,439 47,916 Other 47 1,385 5,875 Total Issues 134,497 2,789,776 11,985,028 (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 74 2,019 6,163 Government Account Series 129,462 2,484,820 10,426,613 Domestic Series 0 73 146 Foreign Series 0 0 0 State and Local Series 111 6,352 23,031 Other 48 1,394 5,730 Total Redemptions 129,695 2,781,985 11,803,986 Net Change in Public Debt Outstanding 4,802 7,791 181,042 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday January 29, 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) 134,497 2,789,776 11,985,028 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 (-) 130,853 2,500,053 10,558,447 Interest Increment on United States Savings Securities (-) 0 627 2,501 Inflation-Protected Securities Increment -52 -576 -3,941 Total Public Debt Cash Issues Deposited in Federal Reserve Account 3,696 286,166 1,412,327 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 129,695 2,781,985 11,803,986 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 (-) 129,462 2,484,820 10,426,613 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 233 297,165 1,377,373 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday January 29, 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/ $ 4,894,165 $ 4,890,834 $ 4,901,047 $ 4,843,121 Intragovernmental Holdings 3,793,851 3,792,380 3,779,178 3,663,853 Total Public Debt Outstanding 8,688,016 8,683,214 8,680,224 8,506,974 Less: Debt Not Subject to Limit: Other Debt 505 505 505 506 Unamortized Discount 73,729 74,128 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 8,599,854 8,594,653 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 4 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Monday January 29, 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 $ 11,931 $ 159,142 $ 577,130 Individual Income Taxes 8 1,495 2,145 Railroad Retirement Taxes 38 383 1,440 Excise Taxes 1,858 4,963 20,263 Corporation Income Taxes 41 12,325 115,826 Federal Unemployment Taxes 36 294 1,195 Estate and Gift Taxes & Misc IRS Rcpts. 1 43 278 Change in Balance of Unclassified Taxes -89 -681 190 Total 13,824 177,963 718,466 These Receipts were deposited in: Federal Reserve Account: Directly 545 3,201 13,832 Collector Depositaries 2,163 41,597 173,417 Tax and Loan Accounts 10,738 129,036 512,409 Inter-agency Transfers 378 4,130 18,809 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 6 $ 56 $ 2,408 $ 46,097 Deposits: Taxes Received (Table IV) 4 45 10,689 10,738 Transfers to Depositaries 0 0 214 214 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 4,000 Repo Investment 0 0 0 4,000 Withdrawals: Treasury Initiated 0 0 2,487 2,488 Depositary Initiated 1 6 3,345 3,352 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,600 Closing Balance Today 10 95 7,478 57,609 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday January 29, 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 $ 11 $ 7,015 $ 20,737 Business 118 2,233 13,746 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.