1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday February 20, 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 $ 5,594 $ 4,819 $ 6,053 $ 5,451 Tax and Loan Note Accounts (Table V) 8,198 1,169 77,773 46,676 Total Operating Balance 13,792 5,988 83,826 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday February 20, 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) 14 184 1,871 Commodity Credit Corporation programs 60 487 4,596 Customs and Certain Excise Taxes 115 1,241 12,808 Deposits by States: Supplemental Security Income 2 4 1,528 Unemployment 40 2,693 9,080 Education Department programs 43 745 8,150 Energy Department programs 68 271 2,757 Estate and Gift Taxes 77 903 9,897 Federal Reserve Earnings 0 1,262 10,114 Foreign Deposits, Military Sales 13 723 5,679 FTD's Received (Table IV) 2,061 26,211 218,112 Housing and Urban Development programs 34 463 2,982 Individual Income and Employment Taxes, Not Withheld 248 3,269 99,159 Interest recd from T&L Depositaries 0 155 505 Justice Department programs 7 154 1,923 Postal Service 433 5,272 40,631 Public Debt Cash Issues (Table III-B) 527 255,839 1,717,634 Other Deposits: Minerals Management Svc/Collections 170 210 3,822 Total Other Deposits 170 819 25,153 Change in Balance of Uncollected Funds (closing balance $ 41) 96 67 101 Transfers from Depositaries 8,743 230,046 1,218,537 Total Federal Reserve Account 12,751 530,810 3,391,217 Tax and Loan Note Accounts: FTD's Received (Table IV) 10,945 84,908 603,807 Transfers from Federal Reserve Account (Table V) 4,826 75,564 576,251 Total Tax and Loan Note Accounts (Table V) 15,771 160,471 1,180,059 Total Deposits (excluding transfers) 14,953 385,671 2,776,487 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday February 20, 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 123 882 20,131 Defense Vendor Payments (EFT) 1,219 13,887 113,708 Education Department programs 366 6,875 36,797 Energy Department programs 86 1,216 10,458 Federal Employees Insurance Payments 125 2,510 19,878 Fed. Highway Administration programs 151 1,268 12,111 Federal Salaries (EFT) 153 7,216 59,605 Food and Nutrition Service (misc) 219 1,877 12,914 Food Stamps 172 1,303 8,345 GSA programs 35 878 5,870 Health and Human Services Grants (misc) 231 3,409 28,021 Housing and Urban Development programs 78 3,346 20,843 Interest on Treasury Securities 5 27,445 76,113 Justice Department programs 68 810 5,361 Labor Dept. prgms (excl. unemployment) 36 628 4,809 Medicaid 1,140 11,254 71,997 Medicare 1,133 24,353 167,191 NASA programs 122 741 4,485 Postal Service Money Orders and Other 267 2,590 19,772 Public Debt Cash Redemp. (Table III-B) 141 219,964 1,626,604 Social Security Benefits (EFT) 0 27,221 175,217 Temporary Assistance for Needy Families (HHS) 25 949 6,489 Unemployment Insurance Benefits 229 1,987 12,399 Veterans Affairs programs 193 1,375 9,484 Other Withdrawals: Emergency Prep & Response (DHS) 60 350 3,446 IRS Tax Refunds Business (EFT) 73 1,080 6,213 Transportation Security Admin. (DHS) 7 75 817 Unclassified 690 15,439 111,452 Total, Other Withdrawals 830 91,721 286,220 Transfers to Depositaries 4,826 75,564 576,251 Total Federal Reserve Account 11,975 531,269 3,391,074 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 8,743 230,046 1,218,537 Total Withdrawals (excluding transfers) 7,149 455,706 2,814,822 Net Change in Operating Cash Balance 7,804 -70,035 -38,335 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday February 20, 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 -2 203,581 1,278,736 Cash Management Series 0 6,000 62,001 Notes 0 31,659 310,706 Bonds 0 9,826 19,014 Inflation-Protected Securities Increment 82 364 -3,292 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 16 200 1,698 Interest Increment 1 556 3,058 Government Account Series 134,741 1,700,388 12,524,270 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 461 6,662 56,986 Other 53 967 6,936 Total Issues 135,351 1,960,205 14,260,258 (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 0 174,583 1,285,194 Notes 0 38,573 295,260 Bonds 0 4 4,038 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 72 933 7,231 Government Account Series 129,115 1,695,654 12,388,481 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 13 4,909 27,949 Other 55 962 6,787 Total Redemptions 129,255 1,915,618 14,015,085 Net Change in Public Debt Outstanding 6,096 44,586 245,174 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday February 20, 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) 135,351 1,960,205 14,260,258 Premium on New Issues 0 0 88 Discount on New Issues: Bills (-) 0 2,808 18,138 Bonds and Notes (-) 0 249 859 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 134,741 1,700,388 12,524,270 Interest Increment on United States Savings Securities (-) 1 556 3,058 Inflation-Protected Securities Increment 82 364 -3,613 Total Public Debt Cash Issues Deposited in Federal Reserve Account 527 255,839 1,717,634 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 129,255 1,915,618 14,015,085 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 (-) 129,115 1,695,654 12,388,481 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 141 219,964 1,626,604 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday February 20, 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/ $ 4,954,256 $ 4,953,789 $ 4,913,961 $ 4,843,121 Intragovernmental Holdings 3,797,892 3,792,263 3,793,600 3,663,853 Total Public Debt Outstanding 8,752,147 8,746,051 8,707,561 8,506,974 Less: Debt Not Subject to Limit: Other Debt 504 504 505 506 Unamortized Discount 74,419 74,965 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 8,663,295 8,656,653 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 pl us the inflation compensation, less unamortized discount on bills was $791 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Tuesday February 20, 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 $ 12,756 $ 104,412 $ 692,743 Individual Income Taxes 14 116 2,279 Railroad Retirement Taxes 43 368 1,854 Excise Taxes 12 2,824 23,233 Corporation Income Taxes 63 4,586 120,561 Federal Unemployment Taxes 6 287 2,192 Estate and Gift Taxes & Misc IRS Rcpts. 6 47 331 Change in Balance of Unclassified Taxes 116 1,300 1,360 Total 13,015 113,940 844,553 These Receipts were deposited in: Federal Reserve Account: Directly 85 2,380 16,525 Collector Depositaries 1,976 23,831 201,587 Tax and Loan Accounts 10,945 84,908 603,807 Inter-agency Transfers 9 2,822 22,633 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 11 $ 88 $ 1,070 $ 1,169 Deposits: Taxes Received (Table IV) 11 74 10,860 10,945 Transfers to Depositaries 4 68 3,754 3,826 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 0 0 Depositary Initiated 3 13 8,727 8,743 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 23 217 6,957 8,198 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday February 20, 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/$ -6 $ 58,653 $ 79,412 Business 489 2,738 17,056 2/This amount includes a return/reversal for $10 million for Individual Tax R efunds for the work dated February 20, 2007. 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.