1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday February 22, 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 $ 4,704 $ 5,304 $ 6,053 $ 5,451 Tax and Loan Note Accounts (Table V) 17,655 2,263 77,773 46,676 Total Operating Balance 22,360 7,568 83,826 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday February 22, 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) 19 221 1,908 Commodity Credit Corporation programs 50 575 4,683 Customs and Certain Excise Taxes 87 1,456 13,023 Deposits by States: Supplemental Security Income 0 4 1,528 Unemployment 39 2,770 9,156 Education Department programs 78 947 8,352 Energy Department programs 33 321 2,806 Estate and Gift Taxes 135 1,124 10,117 Federal Reserve Earnings 0 2,004 10,856 Foreign Deposits, Military Sales 5 735 5,691 FTD's Received (Table IV) 3,266 30,906 222,807 Housing and Urban Development programs 32 516 3,035 Individual Income and Employment Taxes, Not Withheld 391 4,067 99,957 Interest recd from T&L Depositaries 2 157 507 Justice Department programs 10 213 1,982 Postal Service 399 6,212 41,571 Public Debt Cash Issues (Table III-B) 82,354 338,781 1,800,576 Other Deposits: Total Other Deposits 0 885 25,219 Change in Balance of Uncollected Funds (closing balance $ 132) 7 -24 10 Transfers from Depositaries 4,706 244,560 1,233,051 Total Federal Reserve Account 91,613 636,429 3,496,836 Tax and Loan Note Accounts: FTD's Received (Table IV) 4,414 91,988 610,887 Transfers from Federal Reserve Account (Table V) 15,684 92,454 593,142 Total Tax and Loan Note Accounts (Table V) 20,098 184,442 1,204,030 Total Deposits (excluding transfers) 91,321 483,857 2,874,673 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday February 22, 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 101 1,060 20,309 Defense Vendor Payments (EFT) 1,283 16,340 116,162 Education Department programs 318 7,675 37,597 Energy Department programs 133 1,457 10,700 Federal Employees Insurance Payments 560 3,413 20,781 Fed. Highway Administration programs 83 1,444 12,286 Federal Salaries (EFT) 174 7,505 59,894 Food and Nutrition Service (misc) 112 2,150 13,187 Food Stamps 48 1,418 8,460 GSA programs 111 1,033 6,024 Health and Human Services Grants (misc) 267 3,995 28,606 Housing and Urban Development programs 99 3,532 21,029 Interest on Treasury Securities 3 27,451 76,119 Justice Department programs 29 901 5,452 Labor Dept. prgms (excl. unemployment) 84 770 4,951 Medicaid 1,166 13,035 73,778 Medicare 1,879 28,323 171,161 NASA programs 105 873 4,618 Postal Service Money Orders and Other 146 2,910 20,092 Public Debt Cash Redemp. (Table III-B) 67,321 287,432 1,694,071 Social Security Benefits (EFT) 0 32,550 180,546 Temporary Assistance for Needy Families (HHS) 47 1,154 6,693 Unemployment Insurance Benefits 162 2,372 12,784 Veterans Affairs programs 77 1,500 9,609 Other Withdrawals: IRS Tax Refunds Business (EFT) 769 1,854 6,987 Thrift Savings Plan Transfer 180 1,438 8,259 Transportation Security Admin. (DHS) 6 85 827 U.S. District Courts (net) -67 -106 -962 Unclassified 1,335 17,606 113,619 Total, Other Withdrawals 2,222 95,031 289,529 Transfers to Depositaries 15,684 92,454 593,142 Total Federal Reserve Account 92,213 637,778 3,497,582 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 4,706 244,560 1,233,051 Total Withdrawals (excluding transfers) 76,529 545,324 2,904,440 Net Change in Operating Cash Balance 14,792 -61,466 -29,767 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday February 22, 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 82,128 285,709 1,360,864 Cash Management Series 0 6,000 62,001 Notes 0 31,659 310,706 Bonds 0 9,826 19,014 Inflation-Protected Securities Increment 21 406 -3,250 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 12 225 1,722 Interest Increment 0 557 3,059 Government Account Series 137,747 1,972,841 12,796,723 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 1,120 8,309 58,632 Other 144 1,162 7,131 Total Issues 221,172 2,316,693 14,616,746 (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 67,109 241,692 1,352,303 Notes 0 38,573 295,260 Bonds 0 4 4,038 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 68 1,077 7,375 Government Account Series 137,716 1,968,208 12,661,035 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 11 4,939 27,979 Other 133 1,146 6,972 Total Redemptions 205,036 2,255,640 14,355,106 Net Change in Public Debt Outstanding 16,135 61,053 261,640 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday February 22, 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) 221,172 2,316,693 14,616,746 Premium on New Issues 0 0 88 Discount on New Issues: Bills (-) 1,050 3,859 19,188 Bonds and Notes (-) 0 249 859 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 137,747 1,972,841 12,796,723 Interest Increment on United States Savings Securities (-) 0 557 3,059 Inflation-Protected Securities Increment 21 406 -3,571 Total Public Debt Cash Issues Deposited in Federal Reserve Account 82,354 338,781 1,800,576 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 205,036 2,255,640 14,355,106 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 (-) 137,716 1,968,208 12,661,035 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 67,321 287,432 1,694,071 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday February 22, 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/ $ 4,970,837 $ 4,954,722 $ 4,913,961 $ 4,843,121 Intragovernmental Holdings 3,797,778 3,797,757 3,793,600 3,663,853 Total Public Debt Outstanding 8,768,614 8,752,479 8,707,561 8,506,974 Less: Debt Not Subject to Limit: Other Debt 504 504 505 506 Unamortized Discount 75,193 74,281 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 8,678,988 8,663,765 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 $4,11 5 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Thursday February 22, 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 $ 7,551 $ 116,331 $ 704,662 Individual Income Taxes 9 143 2,306 Railroad Retirement Taxes 5 383 1,868 Excise Taxes 16 2,853 23,262 Corporation Income Taxes 656 5,323 121,298 Federal Unemployment Taxes 7 300 2,206 Estate and Gift Taxes & Misc IRS Rcpts. 2 52 336 Change in Balance of Unclassified Taxes -560 634 694 Total 7,687 126,019 856,631 These Receipts were deposited in: Federal Reserve Account: Directly 80 2,554 16,699 Collector Depositaries 3,186 28,352 206,109 Tax and Loan Accounts 4,414 91,988 610,887 Inter-agency Transfers 7 3,125 22,937 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 7 $ 75 $ 1,182 $ 2,263 Deposits: Taxes Received (Table IV) 3 35 4,376 4,414 Transfers to Depositaries 13 194 11,477 11,684 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 4,000 Withdrawals: Treasury Initiated 0 0 0 0 Depositary Initiated 0 10 3,696 3,706 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,000 Closing Balance Today 23 295 13,338 17,655 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday February 22, 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 $ 4 $ 58,628 $ 79,386 Business 803 3,560 17,877 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.