1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday February 21, 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 $ 5,304 $ 5,594 $ 6,053 $ 5,451 Tax and Loan Note Accounts (Table V) 2,263 8,198 77,773 46,676 Total Operating Balance 7,568 13,792 83,826 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday February 21, 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) 18 202 1,889 Commodity Credit Corporation programs 37 525 4,633 Customs and Certain Excise Taxes 128 1,370 12,936 Deposits by States: Supplemental Security Income 0 4 1,528 Unemployment 37 2,730 9,117 Education Department programs 124 869 8,274 Energy Department programs 16 287 2,773 Estate and Gift Taxes 86 990 9,983 Federal Reserve Earnings 742 2,004 10,856 Foreign Deposits, Military Sales 7 730 5,686 FTD's Received (Table IV) 1,429 27,640 219,542 Housing and Urban Development programs 21 485 3,003 Individual Income and Employment Taxes, Not Withheld 407 3,676 99,566 Interest recd from T&L Depositaries 0 155 505 Justice Department programs 49 203 1,972 Postal Service 541 5,812 41,172 Public Debt Cash Issues (Table III-B) 588 256,427 1,718,223 Other Deposits: Defense Finance & Accounting Service 66 451 3,349 Total Other Deposits 66 885 25,219 Change in Balance of Uncollected Funds (closing balance $ 139) -98 -31 3 Transfers from Depositaries 9,807 239,853 1,228,345 Total Federal Reserve Account 14,006 544,816 3,405,223 Tax and Loan Note Accounts: FTD's Received (Table IV) 2,666 87,574 606,473 Transfers from Federal Reserve Account (Table V) 1,207 76,770 577,458 Total Tax and Loan Note Accounts (Table V) 3,873 164,344 1,183,932 Total Deposits (excluding transfers) 6,865 392,537 2,783,352 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday February 21, 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 76 959 20,207 Defense Vendor Payments (EFT) 1,171 15,057 114,879 Education Department programs 482 7,357 37,279 Energy Department programs 109 1,325 10,567 Federal Employees Insurance Payments 344 2,853 20,222 Fed. Highway Administration programs 93 1,361 12,203 Federal Salaries (EFT) 115 7,331 59,720 Food and Nutrition Service (misc) 161 2,038 13,075 Food Stamps 67 1,370 8,412 GSA programs 44 922 5,913 Health and Human Services Grants (misc) 318 3,727 28,339 Housing and Urban Development programs 88 3,434 20,931 Interest on Treasury Securities 2 27,448 76,116 Justice Department programs 63 873 5,423 Labor Dept. prgms (excl. unemployment) 57 685 4,867 Medicaid 615 11,869 72,612 Medicare 2,091 26,444 169,282 NASA programs 27 768 4,513 Postal Service Money Orders and Other 174 2,764 19,946 Public Debt Cash Redemp. (Table III-B) 147 220,111 1,626,750 Social Security Benefits (EFT) 5,330 32,550 180,546 Temporary Assistance for Needy Families (HHS) 158 1,107 6,646 Unemployment Insurance Benefits 223 2,211 12,622 Veterans Affairs programs 48 1,423 9,532 Other Withdrawals: Emergency Prep & Response (DHS) 56 407 3,503 Federal Transit Admin. 57 133 1,002 State Department 60 60 1,545 Thrift Savings Plan Transfer 142 1,258 8,079 Transportation Security Admin. (DHS) 4 79 821 U.S. District Courts (net) -65 -39 -895 Unclassified 833 16,271 112,284 Total, Other Withdrawals 1,087 92,809 287,307 Transfers to Depositaries 1,207 76,770 577,458 Total Federal Reserve Account 14,296 545,565 3,405,369 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 9,807 239,853 1,228,345 Total Withdrawals (excluding transfers) 13,089 468,795 2,827,911 Net Change in Operating Cash Balance -6,224 -76,258 -44,559 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday February 21, 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 -1 203,581 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 21 385 -3,271 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 12 213 1,710 Interest Increment 0 556 3,059 Government Account Series 134,706 1,835,095 12,658,976 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 526 7,189 57,513 Other 50 1,017 6,986 Total Issues 135,316 2,095,521 14,395,574 (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 75 1,009 7,306 Government Account Series 134,838 1,830,492 12,523,319 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 19 4,928 27,968 Other 52 1,014 6,839 Total Redemptions 134,985 2,050,603 14,150,069 Net Change in Public Debt Outstanding 331 44,918 245,505 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday February 21, 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) 135,316 2,095,521 14,395,574 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 (-) 134,706 1,835,095 12,658,976 Interest Increment on United States Savings Securities (-) 0 556 3,059 Inflation-Protected Securities Increment 21 385 -3,592 Total Public Debt Cash Issues Deposited in Federal Reserve Account 588 256,427 1,718,223 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 134,985 2,050,603 14,150,069 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 (-) 134,838 1,830,492 12,523,319 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 147 220,111 1,626,750 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday February 21, 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/ $ 4,954,722 $ 4,954,256 $ 4,913,961 $ 4,843,121 Intragovernmental Holdings 3,797,757 3,797,892 3,793,600 3,663,853 Total Public Debt Outstanding 8,752,479 8,752,147 8,707,561 8,506,974 Less: Debt Not Subject to Limit: Other Debt 504 504 505 506 Unamortized Discount 74,281 74,419 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 8,663,765 8,663,295 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 $1,03 2 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Wednesday February 21, 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 $ 4,368 $ 108,780 $ 697,111 Individual Income Taxes 18 134 2,297 Railroad Retirement Taxes 9 377 1,863 Excise Taxes 13 2,837 23,245 Corporation Income Taxes 81 4,667 120,641 Federal Unemployment Taxes 7 293 2,199 Estate and Gift Taxes & Misc IRS Rcpts. 3 50 334 Change in Balance of Unclassified Taxes -106 1,194 1,254 Total 4,392 118,332 848,944 These Receipts were deposited in: Federal Reserve Account: Directly 94 2,475 16,619 Collector Depositaries 1,335 25,166 202,923 Tax and Loan Accounts 2,666 87,574 606,473 Inter-agency Transfers 296 3,118 22,929 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 23 $ 217 $ 6,957 $ 8,198 Deposits: Taxes Received (Table IV) 8 83 2,575 2,666 Transfers to Depositaries 0 0 207 207 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,000 Withdrawals: Treasury Initiated 23 217 7,784 8,024 Depositary Initiated 1 8 774 783 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,000 Closing Balance Today 7 75 1,182 2,263 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday February 21, 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/$ -20 $ 58,623 $ 79,381 Business 18 2,757 17,074 2/This amount includes a return/reversal for $23 million for Individual Tax R efunds for the work dated February 21, 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.