1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday March 05, 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 $ 5,386 $ 4,325 $ 5,194 $ 5,451 Tax and Loan Note Accounts (Table V) 5,592 1,639 6,317 46,676 Total Operating Balance 10,978 5,964 11,511 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday March 05, 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) 18 58 2,033 Commodity Credit Corporation programs 34 544 5,581 Customs and Certain Excise Taxes 84 257 14,333 Deposits by States: Supplemental Security Income 2 3 1,911 Unemployment 22 63 9,354 Education Department programs 92 185 8,786 Energy Department programs 20 88 3,147 Estate and Gift Taxes 89 220 10,716 Federal Reserve Earnings 0 0 11,215 Foreign Deposits, Military Sales 4 654 6,403 FTD's Received (Table IV) 1,858 6,296 236,988 Housing and Urban Development programs 38 72 3,236 Individual Income and Employment Taxes, Not Withheld 425 1,103 102,260 Interest recd from T&L Depositaries 0 5 514 Justice Department programs 7 23 2,037 Postal Service 467 1,257 44,447 Public Debt Cash Issues (Table III-B) 204 107,543 1,949,009 Other Deposits: Thrift Savings Plan Transfer 884 1,519 3,750 Total Other Deposits 884 2,119 29,046 Change in Balance of Uncollected Funds (closing balance $ 71) 314 57 71 Transfers from Depositaries 6,380 38,296 1,318,115 Total Federal Reserve Account 10,944 158,846 3,759,204 Tax and Loan Note Accounts: FTD's Received (Table IV) 9,132 29,583 664,446 Transfers from Federal Reserve Account (Table V) 1,201 7,988 612,585 Total Tax and Loan Note Accounts (Table V) 10,333 37,571 1,277,031 Total Deposits (excluding transfers) 13,696 150,132 3,105,534 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday March 05, 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 60 159 20,732 Defense Vendor Payments (EFT) 1,077 3,496 125,113 Education Department programs 300 726 39,913 Energy Department programs 97 420 11,623 Federal Employees Insurance Payments 130 419 22,056 Fed. Highway Administration programs 137 317 12,978 Federal Salaries (EFT) 142 1,197 65,357 Food and Nutrition Service (misc) 246 417 14,145 Food Stamps 152 234 8,883 GSA programs 35 443 6,631 Health and Human Services Grants (misc) 228 731 30,970 Housing and Urban Development programs 164 2,345 23,940 Interest on Treasury Securities 3 444 79,712 Justice Department programs 129 240 5,870 Labor Dept. prgms (excl. unemployment) 73 158 5,289 Medicaid 537 2,332 78,372 Medicare 826 12,738 189,167 NASA programs 34 100 4,893 Postal Service Money Orders and Other 252 543 21,657 Public Debt Cash Redemp. (Table III-B) 182 65,700 1,792,316 Social Security Benefits (EFT) 35 21,819 207,818 Temporary Assistance for Needy Families (HHS) 48 262 7,347 Unemployment Insurance Benefits 167 439 13,870 Veterans Affairs programs 119 301 10,317 Other Withdrawals: Federal Crop Ins. Corp. 414 473 905 IRS Tax Refunds Business (EFT) 51 116 8,704 Transportation Security Admin. (DHS) 2 8 913 Unclassified 3,042 6,075 124,290 Total, Other Withdrawals 3,509 34,686 347,715 Transfers to Depositaries 1,201 7,988 612,585 Total Federal Reserve Account 9,882 158,653 3,759,268 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 6,380 38,296 1,318,115 Total Withdrawals (excluding transfers) 8,681 150,665 3,146,683 Net Change in Operating Cash Balance 5,014 -533 -41,149 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday March 05, 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 83,294 1,444,155 Cash Management Series 0 23,000 85,001 Notes 0 0 350,380 Bonds 0 0 19,014 Inflation-Protected Securities Increment 116 175 -2,951 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 15 71 1,865 Interest Increment 0 539 3,600 Government Account Series 134,150 420,345 13,762,896 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 137 2,058 61,709 Other 54 254 7,615 Total Issues 134,471 529,735 15,733,431 (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 1 1 4,039 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 90 238 7,858 Government Account Series 130,977 430,014 13,635,957 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 31 2,908 30,939 Other 60 256 7,468 Total Redemptions 131,159 495,714 15,428,273 Net Change in Public Debt Outstanding 3,312 34,021 305,158 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday March 05, 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) 134,471 529,735 15,733,431 Premium on New Issues 0 0 88 Discount on New Issues: Bills (-) 0 1,133 20,321 Bonds and Notes (-) 0 0 962 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 134,150 420,345 13,762,896 Interest Increment on United States Savings Securities (-) 0 539 3,600 Inflation-Protected Securities Increment 116 175 -3,271 Total Public Debt Cash Issues Deposited in Federal Reserve Account 204 107,543 1,949,009 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 131,159 495,714 15,428,273 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 (-) 130,977 430,014 13,635,957 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 182 65,700 1,792,316 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday March 05, 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/ $ 5,024,347 $ 5,023,328 $ 4,979,111 $ 4,843,121 Intragovernmental Holdings 3,787,785 3,785,492 3,799,000 3,663,853 Total Public Debt Outstanding 8,812,132 8,808,820 8,778,111 8,506,974 Less: Debt Not Subject to Limit: Other Debt 504 504 504 506 Unamortized Discount 73,163 73,605 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 8,724,536 8,720,782 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/The par value of securities held by Treasury under repurchase agreements pl us the inflation compensation, less unamortized discount on bills was $1,027 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Monday March 05, 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 $ 11,076 $ 35,108 $ 769,830 Individual Income Taxes 16 68 2,427 Railroad Retirement Taxes 29 118 2,076 Excise Taxes 7 1,253 25,833 Corporation Income Taxes 77 447 124,339 Federal Unemployment Taxes 4 13 2,240 Estate and Gift Taxes & Misc IRS Rcpts. 1 5 352 Change in Balance of Unclassified Taxes 58 130 254 Total 11,267 37,143 927,351 These Receipts were deposited in: Federal Reserve Account: Directly 68 972 18,059 Collector Depositaries 1,789 5,324 218,929 Tax and Loan Accounts 9,132 29,583 664,446 Inter-agency Transfers 278 1,263 25,917 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 5 $ 59 $ 1,575 $ 1,639 Deposits: Taxes Received (Table IV) 6 48 9,078 9,132 Transfers to Depositaries 0 0 200 201 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,000 Withdrawals: Treasury Initiated 0 0 4,648 4,649 Depositary Initiated 1 6 1,725 1,731 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 10 102 4,480 5,592 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday March 05, 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/ -8 $ 15,626 $ 113,753 Business 96 269 20,290 2/This amount includes a return/reversal for $15 million for Individual Tax Refunds. 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.