1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday February 23, 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 $ 4,539 $ 4,704 $ 6,053 $ 5,451 Tax and Loan Note Accounts (Table V) 2,338 17,655 77,773 46,676 Total Operating Balance 6,877 22,360 83,826 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday February 23, 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) 13 234 1,921 Commodity Credit Corporation programs 58 632 4,741 Customs and Certain Excise Taxes 776 2,233 13,800 Deposits by States: Supplemental Security Income 0 5 1,529 Unemployment 52 2,822 9,208 Education Department programs 31 979 8,383 Energy Department programs 33 354 2,839 Estate and Gift Taxes 144 1,268 10,261 Federal Reserve Earnings 0 2,004 10,856 Foreign Deposits, Military Sales 8 743 5,699 FTD's Received (Table IV) 1,439 32,345 224,247 Housing and Urban Development programs 23 539 3,057 Individual Income and Employment Taxes, Not Withheld 232 4,299 100,189 Interest recd from T&L Depositaries 1 158 508 Justice Department programs 6 219 1,988 Postal Service 364 6,575 41,935 Public Debt Cash Issues (Table III-B) 107 338,887 1,800,683 Other Deposits: Air Transport Security Fees 2 9 744 Total Other Deposits 2 887 25,221 Change in Balance of Uncollected Funds (closing balance $ 117) 15 -9 25 Transfers from Depositaries 22,807 267,367 1,255,858 Total Federal Reserve Account 26,111 662,541 3,522,947 Tax and Loan Note Accounts: FTD's Received (Table IV) 6,136 98,123 617,023 Transfers from Federal Reserve Account (Table V) 1,354 93,809 594,497 Total Tax and Loan Note Accounts (Table V) 7,490 191,932 1,211,520 Total Deposits (excluding transfers) 9,440 493,297 2,884,112 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday February 23, 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 58 1,119 20,367 Defense Vendor Payments (EFT) 1,731 18,072 117,894 Education Department programs 249 7,924 37,846 Energy Department programs 87 1,544 10,787 Federal Employees Insurance Payments 177 3,590 20,958 Fed. Highway Administration programs 66 1,510 12,353 Federal Salaries (EFT) 2,541 10,046 62,435 Food and Nutrition Service (misc) 84 2,233 13,271 Food Stamps 37 1,455 8,496 GSA programs 14 1,046 6,038 Health and Human Services Grants (misc) 365 4,359 28,971 Housing and Urban Development programs 149 3,681 21,178 Interest on Treasury Securities 3 27,454 76,122 Justice Department programs 68 969 5,520 Labor Dept. prgms (excl. unemployment) 58 827 5,009 Medicaid 363 13,398 74,141 Medicare 1,348 29,671 172,509 NASA programs 50 923 4,667 Postal Service Money Orders and Other 157 3,067 20,249 Public Debt Cash Redemp. (Table III-B) 145 287,577 1,694,216 Social Security Benefits (EFT) 0 32,550 180,546 Temporary Assistance for Needy Families (HHS) 83 1,236 6,776 Unemployment Insurance Benefits 113 2,486 12,897 Veterans Affairs programs 106 1,606 9,715 Other Withdrawals: African Development Fund 54 54 83 IRS Tax Refunds Individual (EFT) 15,885 71,251 80,247 Thrift Savings Plan Transfer 154 1,592 8,414 Transportation Security Admin. (DHS) 8 93 836 U.S. District Courts (net) -64 -170 -1,026 Unclassified 835 18,441 114,454 Total, Other Withdrawals 16,872 111,903 306,402 Transfers to Depositaries 1,354 93,809 594,497 Total Federal Reserve Account 26,277 664,055 3,523,859 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 22,807 267,367 1,255,858 Total Withdrawals (excluding transfers) 24,923 570,246 2,929,363 Net Change in Operating Cash Balance -15,483 -76,949 -45,250 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday February 23, 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 -2 285,707 1,360,862 Cash Management Series 0 6,000 62,001 Notes 0 31,659 310,706 Bonds 0 9,826 19,014 Inflation-Protected Securities Increment 21 427 -3,230 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 19 244 1,741 Interest Increment 0 557 3,060 Government Account Series 135,436 2,108,278 12,932,159 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 29 8,338 58,662 Other 60 1,222 7,191 Total Issues 135,564 2,452,257 14,752,310 (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 0 241,692 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 56 1,133 7,430 Government Account Series 134,538 2,102,746 12,795,573 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 27 4,966 28,005 Other 62 1,209 7,034 Total Redemptions 134,683 2,390,323 14,489,789 Net Change in Public Debt Outstanding 881 61,934 262,521 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday February 23, 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) 135,564 2,452,257 14,752,310 Premium on New Issues 0 0 88 Discount on New Issues: Bills (-) 0 3,859 19,188 Bonds and Notes (-) 0 249 859 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 135,436 2,108,278 12,932,159 Interest Increment on United States Savings Securities (-) 0 557 3,060 Inflation-Protected Securities Increment 21 427 -3,551 Total Public Debt Cash Issues Deposited in Federal Reserve Account 107 338,887 1,800,683 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 134,683 2,390,323 14,489,789 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 (-) 134,538 2,102,746 12,795,573 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 145 287,577 1,694,216 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday February 23, 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 $ 4,970,762 $ 4,970,837 $ 4,913,961 $ 4,843,121 Intragovernmental Holdings 3,798,733 3,797,778 3,793,600 3,663,853 Total Public Debt Outstanding 8,769,495 8,768,614 8,707,561 8,506,974 Less: Debt Not Subject to Limit: Other Debt 504 504 505 506 Unamortized Discount 75,052 75,193 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 8,680,010 8,678,988 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 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Friday February 23, 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 $ 6,596 $ 122,926 $ 711,258 Individual Income Taxes 10 153 2,316 Railroad Retirement Taxes 8 391 1,876 Excise Taxes 83 2,936 23,344 Corporation Income Taxes 1,376 6,699 122,674 Federal Unemployment Taxes 4 304 2,210 Estate and Gift Taxes & Misc IRS Rcpts. 4 55 339 Change in Balance of Unclassified Taxes -148 486 546 Total 7,932 133,951 864,563 These Receipts were deposited in: Federal Reserve Account: Directly 103 2,657 16,802 Collector Depositaries 1,336 29,688 207,445 Tax and Loan Accounts 6,136 98,123 617,023 Inter-agency Transfers 357 3,482 23,294 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 23 $ 295 $ 13,338 $ 17,655 Deposits: Taxes Received (Table IV) 6 52 6,078 6,136 Transfers to Depositaries 0 0 1,354 1,354 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 15,517 15,517 Depositary Initiated 1 11 3,278 3,290 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 4,000 Closing Balance Today 28 335 1,975 2,338 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday February 23, 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 $ 18,775 $ 77,403 $ 98,161 Business 58 3,618 17,935 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.