1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday February 15, 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 $ 4,404 $ 5,102 $ 6,053 $ 5,451 Tax and Loan Note Accounts (Table V) 10,278 18,257 77,773 46,676 Total Operating Balance 14,681 23,359 83,826 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday February 15, 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) 12 162 1,849 Commodity Credit Corporation programs 27 382 4,490 Customs and Certain Excise Taxes 71 1,039 12,606 Deposits by States: Supplemental Security Income 0 2 1,526 Unemployment 26 2,615 9,002 Education Department programs 53 680 8,085 Energy Department programs 14 182 2,667 Estate and Gift Taxes 86 727 9,720 Federal Reserve Earnings 0 1,262 10,114 Foreign Deposits, Military Sales 12 697 5,653 FTD's Received (Table IV) 2,490 21,877 213,778 Housing and Urban Development programs 30 406 2,924 Individual Income and Employment Taxes, Not Withheld 212 2,816 98,706 Interest recd from T&L Depositaries 7 148 498 Justice Department programs 7 140 1,909 Postal Service 295 4,525 39,885 Public Debt Cash Issues (Table III-B) 116,996 249,151 1,710,946 Other Deposits: Thrift Savings Plan Transfer 75 315 1,706 Total Other Deposits 75 474 24,808 Change in Balance of Uncollected Funds (closing balance $ 88) -18 20 54 Transfers from Depositaries 14,857 198,699 1,187,190 Total Federal Reserve Account 135,251 486,004 3,346,411 Tax and Loan Note Accounts: FTD's Received (Table IV) 5,877 60,609 579,509 Transfers from Federal Reserve Account (Table V) 1,000 70,595 571,282 Total Tax and Loan Note Accounts (Table V) 6,877 131,204 1,150,792 Total Deposits (excluding transfers) 126,271 347,914 2,738,730 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday February 15, 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 80 645 19,893 Defense Vendor Payments (EFT) 1,191 11,908 111,730 Education Department programs 329 6,040 35,962 Energy Department programs 111 1,005 10,247 Federal Employees Insurance Payments 124 2,259 19,627 Fed. Highway Administration programs 48 1,033 11,876 Federal Salaries (EFT) 706 6,947 59,336 Food and Nutrition Service (misc) 120 1,524 12,562 Food Stamps 96 1,072 8,114 GSA programs 86 823 5,815 Health and Human Services Grants (misc) 324 2,905 27,516 Housing and Urban Development programs 60 3,159 20,656 Interest on Treasury Securities 26,872 27,437 76,105 Justice Department programs 37 690 5,241 Labor Dept. prgms (excl. unemployment) 41 438 4,619 Medicaid 1,236 9,497 70,240 Medicare 1,016 22,064 164,902 NASA programs 36 569 4,313 Postal Service Money Orders and Other 142 2,153 19,335 Public Debt Cash Redemp. (Table III-B) 98,937 219,619 1,626,258 Social Security Benefits (EFT) 0 27,221 175,217 Temporary Assistance for Needy Families (HHS) 116 892 6,432 Unemployment Insurance Benefits 134 1,635 12,046 Veterans Affairs programs 66 1,106 9,215 Other Withdrawals: Export-Import Bank (net) -52 -116 -694 Military Active Duty Pay (EFT) 2,345 5,608 24,331 Transportation Security Admin. (DHS) 9 63 805 Unclassified 739 13,794 109,807 Total, Other Withdrawals 3,041 64,420 258,918 Transfers to Depositaries 1,000 70,595 571,282 Total Federal Reserve Account 135,949 487,654 3,347,458 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 14,857 198,699 1,187,190 Total Withdrawals (excluding transfers) 134,949 417,059 2,776,175 Net Change in Operating Cash Balance -8,678 -69,145 -37,446 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday February 15, 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 75,587 203,583 1,278,738 Cash Management Series 0 0 56,000 Notes 31,661 31,659 310,706 Bonds 9,826 9,826 19,014 Inflation-Protected Securities Increment 19 262 -3,395 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 9 175 1,672 Interest Increment 0 555 3,057 Government Account Series 137,860 1,435,684 12,259,566 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 993 6,100 56,424 Other 153 860 6,829 Total Issues 256,108 1,688,704 13,988,757 (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 58,589 174,583 1,285,194 Notes 38,573 38,573 295,260 Bonds 0 4 4,038 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 46 809 7,106 Government Account Series 131,699 1,437,945 12,130,772 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 1,579 4,801 27,840 Other 149 850 6,675 Total Redemptions 230,636 1,657,564 13,757,030 Net Change in Public Debt Outstanding 25,473 31,139 231,726 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday February 15, 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) 256,108 1,688,704 13,988,757 Premium on New Issues 0 0 88 Discount on New Issues: Bills (-) 984 2,803 18,133 Bonds and Notes (-) 249 249 859 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 137,860 1,435,684 12,259,566 Interest Increment on United States Savings Securities (-) 0 555 3,057 Inflation-Protected Securities Increment 19 262 -3,716 Total Public Debt Cash Issues Deposited in Federal Reserve Account 116,996 249,151 1,710,946 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 230,636 1,657,564 13,757,030 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 (-) 131,699 1,437,945 12,130,772 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 98,937 219,619 1,626,258 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday February 15, 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/ $ 4,947,665 $ 4,928,312 $ 4,913,961 $ 4,843,121 Intragovernmental Holdings 3,791,035 3,784,916 3,793,600 3,663,853 Total Public Debt Outstanding 8,738,700 8,713,227 8,707,561 8,506,974 Less: Debt Not Subject to Limit: Other Debt 504 505 505 506 Unamortized Discount 75,104 74,007 73,629 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 72 96 Total Public Debt Subject to Limit 8,649,163 8,624,787 8,619,499 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 plus the inflation compensation, less unamortized discount on bills was $1,032 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Thursday February 15, 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 $ 4,784 $ 76,822 $ 665,153 Individual Income Taxes 12 93 2,256 Railroad Retirement Taxes 6 264 1,749 Excise Taxes 25 2,802 23,211 Corporation Income Taxes 3,445 4,378 120,352 Federal Unemployment Taxes 6 276 2,182 Estate and Gift Taxes & Misc IRS Rcpts. 3 35 319 Change in Balance of Unclassified Taxes 252 507 567 Total 8,532 85,178 815,790 These Receipts were deposited in: Federal Reserve Account: Directly 44 2,174 16,319 Collector Depositaries 2,446 19,702 197,459 Tax and Loan Accounts 5,877 60,609 579,509 Inter-agency Transfers 165 2,692 22,503 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 46 $ 396 $ 1,309 $ 18,257 Deposits: Taxes Received (Table IV) 9 65 5,803 5,877 Transfers to Depositaries 0 0 0 0 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,000 Withdrawals: Treasury Initiated 0 0 3,027 3,027 Depositary Initiated 3 39 3,288 3,330 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 5,000 Repo Investment 0 0 0 3,500 Closing Balance Today 52 423 797 10,278 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday February 15, 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 $ 5 $ 31,767 $ 52,525 Business 40 2,192 16,510 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.