1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday February 26, 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 $ 4,606 $ 4,539 $ 6,053 $ 5,451 Tax and Loan Note Accounts (Table V) 7,731 2,338 77,773 46,676 Total Operating Balance 12,337 6,877 83,826 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday February 26, 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) 15 250 1,936 Commodity Credit Corporation programs 53 685 4,794 Customs and Certain Excise Taxes 80 2,312 13,879 Deposits by States: Supplemental Security Income 0 5 1,529 Unemployment 25 2,847 9,233 Education Department programs 64 1,043 8,448 Energy Department programs 75 428 2,914 Estate and Gift Taxes 44 1,312 10,305 Federal Reserve Earnings 0 2,004 10,856 Foreign Deposits, Military Sales 7 750 5,706 FTD's Received (Table IV) 2,108 34,454 226,355 Housing and Urban Development programs 28 567 3,086 Individual Income and Employment Taxes, Not Withheld 213 4,512 100,402 Interest recd from T&L Depositaries 0 158 508 Justice Department programs 4 223 1,991 Postal Service 384 6,959 42,319 Public Debt Cash Issues (Table III-B) 93 338,980 1,800,776 Other Deposits: Air Transport Security Fees 1 9 744 Minerals Management Svc/Collections 132 386 3,998 Pension Benefit Guaranty Corp. 85 249 1,154 Total Other Deposits 217 1,104 25,438 Change in Balance of Uncollected Funds (closing balance $ 26) 91 82 116 Transfers from Depositaries 8,268 275,635 1,264,126 Total Federal Reserve Account 11,768 674,309 3,534,715 Tax and Loan Note Accounts: FTD's Received (Table IV) 10,434 108,557 627,457 Transfers from Federal Reserve Account (Table V) 3,227 97,036 597,724 Total Tax and Loan Note Accounts (Table V) 13,660 205,593 1,225,180 Total Deposits (excluding transfers) 13,934 507,231 2,898,046 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday February 26, 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 89 1,207 20,456 Defense Vendor Payments (EFT) 1,307 19,379 119,200 Education Department programs 595 8,518 38,441 Energy Department programs 118 1,662 10,904 Federal Employees Insurance Payments 279 3,869 21,237 Fed. Highway Administration programs 76 1,586 12,428 Federal Salaries (EFT) 1,135 11,180 63,570 Food and Nutrition Service (misc) 175 2,408 13,446 Food Stamps 82 1,536 8,578 GSA programs 35 1,081 6,073 Health and Human Services Grants (misc) 303 4,662 29,274 Housing and Urban Development programs 176 3,857 21,354 Interest on Treasury Securities 6 27,459 76,127 Justice Department programs 77 1,046 5,597 Labor Dept. prgms (excl. unemployment) 41 868 5,050 Medicaid 466 13,864 74,607 Medicare 1,023 30,694 173,532 NASA programs 35 958 4,702 Postal Service Money Orders and Other 313 3,380 20,562 Public Debt Cash Redemp. (Table III-B) 139 287,716 1,694,355 Social Security Benefits (EFT) 0 32,550 180,546 Temporary Assistance for Needy Families (HHS) 50 1,286 6,825 Unemployment Insurance Benefits 174 2,659 13,071 Veterans Affairs programs 150 1,756 9,866 Other Withdrawals: Agency for Internat'l Development 76 643 3,997 IRS Tax Refunds Business (EFT) 153 2,022 7,155 Thrift Savings Plan Transfer 95 1,687 8,508 Transportation Security Admin. (DHS) 9 102 844 Unclassified 1,301 19,742 115,755 Total, Other Withdrawals 1,632 113,536 308,034 Transfers to Depositaries 3,227 97,036 597,724 Total Federal Reserve Account 11,701 675,756 3,535,560 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 8,268 275,635 1,264,126 Total Withdrawals (excluding transfers) 8,474 578,720 2,937,836 Net Change in Operating Cash Balance 5,460 -71,489 -39,790 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday February 26, 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 -1 285,706 1,360,861 Cash Management Series 0 6,000 62,001 Notes 0 31,659 310,706 Bonds 0 9,826 19,014 Inflation-Protected Securities Increment 62 489 -3,168 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 20 264 1,761 Interest Increment 0 558 3,060 Government Account Series 136,662 2,244,939 13,068,821 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 16 8,354 58,678 Other 58 1,280 7,248 Total Issues 136,817 2,589,074 14,889,127 (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 69 1,202 7,499 Government Account Series 133,126 2,235,872 12,928,699 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 11 4,977 28,016 Other 59 1,268 7,093 Total Redemptions 133,266 2,523,588 14,623,054 Net Change in Public Debt Outstanding 3,552 65,486 266,073 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday February 26, 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) 136,817 2,589,074 14,889,127 Premium on New Issues 0 0 88 Discount on New Issues: Bills (-) 0 3,858 19,188 Bonds and Notes (-) 0 249 859 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 136,662 2,244,939 13,068,821 Interest Increment on United States Savings Securities (-) 0 558 3,060 Inflation-Protected Securities Increment 62 489 -3,488 Total Public Debt Cash Issues Deposited in Federal Reserve Account 93 338,980 1,800,776 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 133,266 2,523,588 14,623,054 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 (-) 133,126 2,235,872 12,928,699 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 139 287,716 1,694,355 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday February 26, 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/ $ 4,970,774 $ 4,970,762 $ 4,913,961 $ 4,843,121 Intragovernmental Holdings 3,802,273 3,798,733 3,793,600 3,663,853 Total Public Debt Outstanding 8,773,047 8,769,495 8,707,561 8,506,974 Less: Debt Not Subject to Limit: Other Debt 504 504 505 506 Unamortized Discount 74,630 75,052 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 8,683,983 8,680,010 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 $3,086 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Monday February 26, 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 $ 13,065 $ 135,991 $ 724,323 Individual Income Taxes 11 164 2,327 Railroad Retirement Taxes 73 464 1,949 Excise Taxes 77 3,013 23,422 Corporation Income Taxes 76 6,776 122,750 Federal Unemployment Taxes 4 308 2,214 Estate and Gift Taxes & Misc IRS Rcpts. 3 58 342 Change in Balance of Unclassified Taxes -123 363 423 Total 13,186 147,137 877,750 These Receipts were deposited in: Federal Reserve Account: Directly 76 2,733 16,878 Collector Depositaries 2,033 31,721 209,478 Tax and Loan Accounts 10,434 108,557 627,457 Inter-agency Transfers 644 4,127 23,938 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 28 $ 335 $ 1,975 $ 2,338 Deposits: Taxes Received (Table IV) 5 43 10,386 10,434 Transfers to Depositaries 0 0 227 227 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 3,000 Withdrawals: Treasury Initiated 0 0 0 0 Depositary Initiated 1 11 8,255 8,268 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 32 367 4,332 7,731 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday February 26, 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 $ 77,382 $ 98,140 Business 329 3,946 18,264 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.