1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday February 27, 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 $ 4,594 $ 4,606 $ 6,053 $ 5,451 Tax and Loan Note Accounts (Table V) 4,483 7,731 77,773 46,676 Total Operating Balance 9,077 12,337 83,826 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday February 27, 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) 23 272 1,959 Commodity Credit Corporation programs 71 756 4,865 Customs and Certain Excise Taxes 93 2,405 13,972 Deposits by States: Supplemental Security Income 1 6 1,530 Unemployment 30 2,877 9,263 Education Department programs 65 1,108 8,513 Energy Department programs 72 500 2,986 Estate and Gift Taxes 55 1,367 10,360 Federal Reserve Earnings 0 2,004 10,856 Foreign Deposits, Military Sales 25 775 5,731 FTD's Received (Table IV) 551 35,004 226,906 Housing and Urban Development programs 29 596 3,114 Individual Income and Employment Taxes, Not Withheld 267 4,778 100,668 Interest recd from T&L Depositaries 0 158 508 Justice Department programs 14 237 2,006 Postal Service 500 7,459 42,818 Public Debt Cash Issues (Table III-B) 623 339,603 1,801,399 Other Deposits: Air Transport Security Fees 27 36 771 Defense Finance & Accounting Service 70 606 3,504 Pension Benefit Guaranty Corp. 114 363 1,268 Total Other Deposits 211 1,315 25,649 Change in Balance of Uncollected Funds (closing balance $ 102) -75 7 41 Transfers from Depositaries 8,913 284,548 1,273,039 Total Federal Reserve Account 11,466 685,775 3,546,182 Tax and Loan Note Accounts: FTD's Received (Table IV) 2,791 111,348 630,248 Transfers from Federal Reserve Account (Table V) 2,874 99,909 600,597 Total Tax and Loan Note Accounts (Table V) 5,665 211,257 1,230,845 Total Deposits (excluding transfers) 5,344 512,575 2,903,391 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday February 27, 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 1,266 20,514 Defense Vendor Payments (EFT) 1,716 21,095 120,916 Education Department programs 331 8,849 38,771 Energy Department programs 79 1,741 10,983 Federal Employees Insurance Payments 184 4,054 21,422 Fed. Highway Administration programs 110 1,696 12,538 Federal Salaries (EFT) 395 11,575 63,964 Food and Nutrition Service (misc) 129 2,537 13,575 Food Stamps 39 1,575 8,617 GSA programs 33 1,114 6,106 Health and Human Services Grants (misc) 458 5,120 29,732 Housing and Urban Development programs 112 3,970 21,467 Interest on Treasury Securities 5 27,464 76,132 Justice Department programs 19 1,065 5,616 Labor Dept. prgms (excl. unemployment) 32 901 5,082 Medicaid 527 14,391 75,134 Medicare 1,597 32,291 175,130 NASA programs 81 1,039 4,783 Postal Service Money Orders and Other 211 3,592 20,774 Public Debt Cash Redemp. (Table III-B) 126 287,842 1,694,481 Social Security Benefits (EFT) 0 32,550 180,546 Temporary Assistance for Needy Families (HHS) 231 1,517 7,056 Unemployment Insurance Benefits 180 2,839 13,251 Veterans Affairs programs 75 1,832 9,941 Other Withdrawals: Agency for Internat'l Development 68 711 4,064 Federal Crop Ins. Corp. 224 224 432 Interior 68 771 4,484 Interntl Security Assistance (DSCA) 118 118 1,011 Minerals Mgmt. Svc/Pmts to States 140 140 563 Thrift Savings Plan Transfer 127 1,813 8,635 Transportation Security Admin. (DHS) 7 109 851 USDA: Forest Service 75 151 1,203 Unclassified 1,051 20,794 116,806 Total, Other Withdrawals 1,877 115,412 309,911 Transfers to Depositaries 2,874 99,909 600,597 Total Federal Reserve Account 11,479 687,234 3,547,039 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 8,913 284,548 1,273,039 Total Withdrawals (excluding transfers) 8,605 587,325 2,946,441 Net Change in Operating Cash Balance -3,261 -74,750 -43,051 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday February 27, 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 0 285,706 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 21 510 -3,147 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 12 276 1,773 Interest Increment 1 558 3,061 Government Account Series 137,219 2,382,158 13,206,040 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 555 8,908 59,232 Other 56 1,336 7,305 Total Issues 137,864 2,726,938 15,026,991 (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 63 1,265 7,562 Government Account Series 136,675 2,372,546 13,065,373 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 5 4,982 28,021 Other 58 1,326 7,151 Total Redemptions 136,800 2,660,388 14,759,855 Net Change in Public Debt Outstanding 1,063 66,549 267,136 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday February 27, 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) 137,864 2,726,938 15,026,991 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 (-) 137,219 2,382,158 13,206,040 Interest Increment on United States Savings Securities (-) 1 558 3,061 Inflation-Protected Securities Increment 21 510 -3,467 Total Public Debt Cash Issues Deposited in Federal Reserve Account 623 339,603 1,801,399 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 136,800 2,660,388 14,759,855 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 (-) 136,675 2,372,546 13,065,373 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 126 287,842 1,694,481 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday February 27, 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/ $ 4,971,384 $ 4,970,774 $ 4,913,961 $ 4,843,121 Intragovernmental Holdings 3,802,726 3,802,273 3,793,600 3,663,853 Total Public Debt Outstanding 8,774,110 8,773,047 8,707,561 8,506,974 Less: Debt Not Subject to Limit: Other Debt 504 504 505 506 Unamortized Discount 74,490 74,630 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 8,685,187 8,683,983 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 $1,739 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Tuesday February 27, 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 $ 2,763 $ 138,754 $ 727,086 Individual Income Taxes 15 179 2,342 Railroad Retirement Taxes 4 468 1,953 Excise Taxes 386 3,400 23,808 Corporation Income Taxes 1,063 7,839 123,813 Federal Unemployment Taxes 5 313 2,219 Estate and Gift Taxes & Misc IRS Rcpts. 1 60 344 Change in Balance of Unclassified Taxes -222 141 201 Total 4,016 151,153 881,765 These Receipts were deposited in: Federal Reserve Account: Directly 104 2,837 16,982 Collector Depositaries 447 32,167 209,924 Tax and Loan Accounts 2,791 111,348 630,248 Inter-agency Transfers 674 4,801 24,612 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 32 $ 367 $ 4,332 $ 7,731 Deposits: Taxes Received (Table IV) 3 31 2,757 2,791 Transfers to Depositaries 0 1 1,173 1,174 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,700 Withdrawals: Treasury Initiated 0 367 3,908 4,276 Depositary Initiated 1 4 1,633 1,637 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 3,000 Closing Balance Today 34 28 2,720 4,483 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday February 27, 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/$ -16 $ 77,366 $ 98,124 Business 326 4,273 18,590 2/This amount includes a return/reversal for $20 million for Individual Tax Refunds for the work dated February 27, 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.