1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday March 01, 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 $ 5,394 $ 5,194 $ 5,194 $ 5,451 Tax and Loan Note Accounts (Table V) 10,825 6,317 6,317 46,676 Total Operating Balance 16,219 11,511 11,511 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday March 01, 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) 28 28 2,002 Commodity Credit Corporation programs 195 195 5,232 Customs and Certain Excise Taxes 102 102 14,179 Deposits by States: Supplemental Security Income 1 1 1,909 Unemployment 23 23 9,314 Education Department programs 62 62 8,663 Energy Department programs 58 58 3,117 Estate and Gift Taxes 51 51 10,547 Federal Reserve Earnings 0 0 11,215 Foreign Deposits, Military Sales 582 582 6,331 FTD's Received (Table IV) 2,538 2,538 233,230 Housing and Urban Development programs 7 7 3,170 Individual Income and Employment Taxes, Not Withheld 296 296 101,453 Interest recd from T&L Depositaries 5 5 513 Justice Department programs 5 5 2,019 Postal Service 356 356 43,546 Public Debt Cash Issues (Table III-B) 84,091 84,091 1,925,557 Other Deposits: Air Transport Security Fees 2 2 945 Federal Housing Admin: Note Sales 55 55 675 Minerals Management Svc/Collections 201 201 4,585 Natl Railroad Retirement Inv Trust 149 149 783 Pension Benefit Guaranty Corp. 196 196 1,695 Thrift Savings Plan Transfer 631 631 2,862 Total Other Deposits 1,234 1,234 28,161 Change in Balance of Uncollected Funds (closing balance $ 110) 18 18 32 Transfers from Depositaries 16,082 16,082 1,295,901 Total Federal Reserve Account 105,732 105,732 3,706,090 Tax and Loan Note Accounts: FTD's Received (Table IV) 13,902 13,902 648,765 Transfers from Federal Reserve Account (Table V) 6,688 6,688 611,285 Total Tax and Loan Note Accounts (Table V) 20,590 20,590 1,260,050 Total Deposits (excluding transfers) 103,552 103,552 3,058,954 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday March 01, 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 58 20,631 Defense Vendor Payments (EFT) 687 687 122,305 Education Department programs 226 226 39,413 Energy Department programs 224 224 11,427 Federal Employees Insurance Payments 117 117 21,754 Fed. Highway Administration programs 105 105 12,766 Federal Salaries (EFT) 892 892 65,052 Food and Nutrition Service (misc) 61 61 13,789 Food Stamps 31 31 8,680 GSA programs 389 389 6,577 Health and Human Services Grants (misc) 321 321 30,560 Housing and Urban Development programs 25 25 21,620 Interest on Treasury Securities 438 438 79,706 Justice Department programs 12 12 5,641 Labor Dept. prgms (excl. unemployment) 57 57 5,188 Medicaid 1,203 1,203 77,242 Medicare 10,830 10,830 187,259 NASA programs 11 11 4,804 Postal Service Money Orders and Other 140 140 21,254 Public Debt Cash Redemp. (Table III-B) 65,310 65,310 1,791,926 Social Security Benefits (EFT) 157 157 186,157 Temporary Assistance for Needy Families (HHS) 139 139 7,224 Unemployment Insurance Benefits 159 159 13,590 Veterans Affairs programs 86 86 10,102 Other Withdrawals: Civil Service Retirement (EFT) 4,040 4,040 23,669 Federal Crop Ins. Corp. 59 59 491 HHS Deposit Fund Transfers to States 1/ 259 259 365 Military Active Duty Pay (EFT) 3,210 3,210 27,541 Military Retirement (EFT) 3,259 3,259 19,102 Pmt. to Corp. for Pub. Broadcasting 64 64 464 Railroad Retirement (EFT) 754 754 4,458 Supple. Security Income Benefits (EFT) 1,928 1,928 9,452 U.S. District Courts (net) -54 -54 -1,080 Veterans Benefits (EFT) 2,459 2,459 12,076 Unclassified 1,188 1,188 119,403 Total, Other Withdrawals 17,167 17,167 330,196 Transfers to Depositaries 6,688 6,688 611,285 Total Federal Reserve Account 105,532 105,532 3,706,147 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 16,082 16,082 1,295,901 Total Withdrawals (excluding transfers) 98,844 98,844 3,094,862 Net Change in Operating Cash Balance 4,708 4,708 -35,908 1/Transfer by HHS from Federal Tax Refund Offset Program to various State age ncies for delinquent child support. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday March 01, 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 83,295 83,295 1,444,156 Cash Management Series 0 0 62,001 Notes 0 0 350,381 Bonds 0 0 19,014 Inflation-Protected Securities Increment 20 20 -3,105 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 24 24 1,817 Interest Increment 539 539 3,600 Government Account Series 137,390 137,390 13,479,942 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 1,718 1,718 61,370 Other 144 144 7,505 Total Issues 223,131 223,131 15,426,827 (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 62,296 62,296 1,414,599 Notes 0 0 327,267 Bonds 0 0 4,039 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 69 69 7,689 Government Account Series 147,252 147,252 13,353,195 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 2,805 2,805 30,835 Other 140 140 7,351 Total Redemptions 212,562 212,562 15,145,120 Net Change in Public Debt Outstanding 10,569 10,569 281,706 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday March 01, 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) 223,131 223,131 15,426,827 Premium on New Issues 0 0 88 Discount on New Issues: Bills (-) 1,090 1,090 20,278 Bonds and Notes (-) 0 0 962 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 137,390 137,390 13,479,942 Interest Increment on United States Savings Securities (-) 539 539 3,600 Inflation-Protected Securities Increment 20 20 -3,426 Total Public Debt Cash Issues Deposited in Federal Reserve Account 84,091 84,091 1,925,557 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 212,562 212,562 15,145,120 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 (-) 147,252 147,252 13,353,195 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 65,310 65,310 1,791,926 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday March 01, 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 2/ $ 5,000,186 $ 4,979,111 $ 4,979,111 $ 4,843,121 Intragovernmental Holdings 3,788,494 3,799,000 3,799,000 3,663,853 Total Public Debt Outstanding 8,788,680 8,778,111 8,778,111 8,506,974 Less: Debt Not Subject to Limit: Other Debt 504 504 504 506 Unamortized Discount 73,706 72,757 72,757 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 71 96 Total Public Debt Subject to Limit 8,700,541 8,690,921 8,690,921 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). 2/The par value of securities held by Treasury under repurchase agreements pl us the inflation compensation, less unamortized discount on bills was $4,10 2 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Thursday March 01, 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 $ 15,533 $ 15,533 $ 750,255 Individual Income Taxes 32 32 2,391 Railroad Retirement Taxes 74 74 2,032 Excise Taxes 1,237 1,237 25,817 Corporation Income Taxes 87 87 123,978 Federal Unemployment Taxes 5 5 2,232 Estate and Gift Taxes & Misc IRS Rcpts. 1 1 349 Change in Balance of Unclassified Taxes 66 66 190 Total 17,035 17,035 907,243 These Receipts were deposited in: Federal Reserve Account: Directly 622 622 17,709 Collector Depositaries 1,916 1,916 215,521 Tax and Loan Accounts 13,902 13,902 648,765 Inter-agency Transfers 595 595 25,249 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 42 $ 106 $ 2,169 $ 6,317 Deposits: Taxes Received (Table IV) 7 55 13,839 13,902 Transfers to Depositaries 0 2 2,686 2,688 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 8,848 8,848 Depositary Initiated 2 9 3,223 3,234 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 4,000 Closing Balance Today 47 155 6,624 10,825 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday March 01, 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 $ 4 $ 98,131 Business 76 76 20,098 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.