1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday March 02, 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 $ 4,325 $ 5,394 $ 5,194 $ 5,451 Tax and Loan Note Accounts (Table V) 1,639 10,825 6,317 46,676 Total Operating Balance 5,964 16,219 11,511 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday March 02, 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 40 2,015 Commodity Credit Corporation programs 316 511 5,548 Customs and Certain Excise Taxes 70 172 14,249 Deposits by States: Supplemental Security Income 0 1 1,909 Unemployment 18 41 9,332 Education Department programs 31 93 8,693 Energy Department programs 10 69 3,128 Estate and Gift Taxes 80 131 10,627 Federal Reserve Earnings 0 0 11,215 Foreign Deposits, Military Sales 68 650 6,399 FTD's Received (Table IV) 1,901 4,439 235,130 Housing and Urban Development programs 27 34 3,198 Individual Income and Employment Taxes, Not Withheld 382 678 101,834 Interest recd from T&L Depositaries 1 5 514 Justice Department programs 11 16 2,030 Postal Service 434 790 43,980 Public Debt Cash Issues (Table III-B) 23,247 107,339 1,948,805 Other Deposits: Air Transport Security Fees 1 3 946 Total Other Deposits 1 1,235 28,162 Change in Balance of Uncollected Funds (closing balance $ 385) -275 -257 -243 Transfers from Depositaries 15,834 31,916 1,311,736 Total Federal Reserve Account 42,170 147,902 3,748,260 Tax and Loan Note Accounts: FTD's Received (Table IV) 6,549 20,451 655,314 Transfers from Federal Reserve Account (Table V) 99 6,787 611,384 Total Tax and Loan Note Accounts (Table V) 6,648 27,238 1,266,698 Total Deposits (excluding transfers) 32,885 136,437 3,091,838 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday March 02, 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 41 99 20,673 Defense Vendor Payments (EFT) 1,731 2,419 124,036 Education Department programs 199 425 39,612 Energy Department programs 99 323 11,527 Federal Employees Insurance Payments 172 289 21,926 Fed. Highway Administration programs 75 180 12,841 Federal Salaries (EFT) 164 1,055 65,216 Food and Nutrition Service (misc) 110 171 13,899 Food Stamps 51 81 8,731 GSA programs 20 408 6,597 Health and Human Services Grants (misc) 182 503 30,742 Housing and Urban Development programs 2,156 2,181 23,775 Interest on Treasury Securities 3 441 79,709 Justice Department programs 99 111 5,740 Labor Dept. prgms (excl. unemployment) 28 86 5,216 Medicaid 593 1,795 77,835 Medicare 1,082 11,912 188,341 NASA programs 55 66 4,859 Postal Service Money Orders and Other 151 291 21,405 Public Debt Cash Redemp. (Table III-B) 208 65,518 1,792,134 Social Security Benefits (EFT) 21,627 21,784 207,784 Temporary Assistance for Needy Families (HHS) 75 214 7,299 Unemployment Insurance Benefits 113 272 13,703 Veterans Affairs programs 95 181 10,198 Other Withdrawals: IRS Tax Refunds Individual (EFT) 12,159 12,159 92,362 Transportation Security Admin. (DHS) 5 5 910 Unclassified 1,845 3,033 121,248 Total, Other Withdrawals 14,010 31,177 344,206 Transfers to Depositaries 99 6,787 611,384 Total Federal Reserve Account 43,239 148,771 3,749,386 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 15,834 31,916 1,311,736 Total Withdrawals (excluding transfers) 43,140 141,984 3,138,002 Net Change in Operating Cash Balance -10,255 -5,547 -46,163 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday March 02, 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 83,295 1,444,156 Cash Management Series 23,000 23,000 85,001 Notes 0 0 350,380 Bonds 0 0 19,014 Inflation-Protected Securities Increment 38 58 -3,067 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 33 57 1,850 Interest Increment 0 539 3,600 Government Account Series 148,805 286,195 13,628,747 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 203 1,921 61,573 Other 55 199 7,561 Total Issues 172,133 395,264 15,598,960 (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 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 79 148 7,768 Government Account Series 151,785 299,037 13,504,980 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 73 2,877 30,908 Other 57 197 7,408 Total Redemptions 151,994 364,555 15,297,114 Net Change in Public Debt Outstanding 20,140 30,709 301,846 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday March 02, 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) 172,133 395,264 15,598,960 Premium on New Issues 0 0 88 Discount on New Issues: Bills (-) 43 1,134 20,321 Bonds and Notes (-) 0 0 962 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 148,805 286,195 13,628,747 Interest Increment on United States Savings Securities (-) 0 539 3,600 Inflation-Protected Securities Increment 38 58 -3,388 Total Public Debt Cash Issues Deposited in Federal Reserve Account 23,247 107,339 1,948,805 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 151,994 364,555 15,297,114 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 (-) 151,785 299,037 13,504,980 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 208 65,518 1,792,134 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday March 02, 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 $ 5,023,328 $ 5,000,186 $ 4,979,111 $ 4,843,121 Intragovernmental Holdings 3,785,492 3,788,494 3,799,000 3,663,853 Total Public Debt Outstanding 8,808,820 8,788,680 8,778,111 8,506,974 Less: Debt Not Subject to Limit: Other Debt 504 504 504 506 Unamortized Discount 73,605 73,706 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 8,720,782 8,700,541 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). 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Friday March 02, 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 $ 8,500 $ 24,033 $ 758,755 Individual Income Taxes 19 52 2,411 Railroad Retirement Taxes 15 89 2,047 Excise Taxes 9 1,246 25,826 Corporation Income Taxes 283 370 124,261 Federal Unemployment Taxes 4 9 2,236 Estate and Gift Taxes & Misc IRS Rcpts. 3 4 351 Change in Balance of Unclassified Taxes 6 72 196 Total 8,840 25,875 916,083 These Receipts were deposited in: Federal Reserve Account: Directly 282 904 17,990 Collector Depositaries 1,619 3,534 217,140 Tax and Loan Accounts 6,549 20,451 655,314 Inter-agency Transfers 391 986 25,639 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 47 $ 155 $ 6,624 $ 10,825 Deposits: Taxes Received (Table IV) 6 63 6,480 6,549 Transfers to Depositaries 0 0 99 99 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Withdrawals: Treasury Initiated 47 155 9,182 9,383 Depositary Initiated 1 4 2,446 2,451 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 4,000 Closing Balance Today 5 59 1,575 1,639 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday March 02, 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 $ 15,654 $ 15,658 $ 113,785 Business 97 173 20,195 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.