1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday March 06, 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 $ 4,873 $ 5,386 $ 5,194 $ 5,451 Tax and Loan Note Accounts (Table V) 4,675 5,592 6,317 46,676 Total Operating Balance 9,549 10,978 11,511 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday March 06, 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) 22 80 2,055 Commodity Credit Corporation programs 57 601 5,638 Customs and Certain Excise Taxes 109 366 14,442 Deposits by States: Supplemental Security Income 0 3 1,912 Unemployment 19 82 9,373 Education Department programs 67 252 8,853 Energy Department programs 19 107 3,166 Estate and Gift Taxes 171 391 10,887 Federal Reserve Earnings 0 0 11,215 Foreign Deposits, Military Sales 105 759 6,508 FTD's Received (Table IV) 702 6,999 237,690 Housing and Urban Development programs 3 75 3,239 Individual Income and Employment Taxes, Not Withheld 704 1,807 102,964 Interest recd from T&L Depositaries 0 6 514 Justice Department programs 12 35 2,049 Postal Service 591 1,848 45,038 Public Debt Cash Issues (Table III-B) 2,897 110,440 1,951,906 Other Deposits: Defense Finance & Accounting Service 62 146 3,678 Federal Housing Admin: Note Sales 65 121 741 Thrift Savings Plan Transfer 241 1,760 3,991 Total Other Deposits 368 2,488 29,415 Change in Balance of Uncollected Funds (closing balance $ 104) -32 25 39 Transfers from Depositaries 3,734 42,030 1,321,850 Total Federal Reserve Account 9,547 168,393 3,768,751 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,687 31,270 666,133 Transfers from Federal Reserve Account (Table V) 1,131 9,118 613,716 Total Tax and Loan Note Accounts (Table V) 2,818 40,388 1,279,849 Total Deposits (excluding transfers) 7,500 157,632 3,113,034 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday March 06, 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 40 199 20,773 Defense Vendor Payments (EFT) 1,465 4,961 126,578 Education Department programs 232 958 40,145 Energy Department programs 55 475 11,678 Federal Employees Insurance Payments 197 616 22,253 Fed. Highway Administration programs 39 356 13,017 Federal Salaries (EFT) 80 1,277 65,437 Food and Nutrition Service (misc) 152 569 14,296 Food Stamps 86 319 8,969 GSA programs 33 476 6,665 Health and Human Services Grants (misc) 309 1,040 31,279 Housing and Urban Development programs 128 2,473 24,067 Interest on Treasury Securities 3 447 79,715 Justice Department programs 32 272 5,901 Labor Dept. prgms (excl. unemployment) 26 184 5,314 Medicaid 661 2,994 79,033 Medicare 1,119 13,857 190,286 NASA programs 31 131 4,924 Postal Service Money Orders and Other 211 754 21,868 Public Debt Cash Redemp. (Table III-B) 128 65,828 1,792,444 Social Security Benefits (EFT) 32 21,851 207,850 Temporary Assistance for Needy Families (HHS) 52 314 7,399 Unemployment Insurance Benefits 193 632 14,063 Veterans Affairs programs 228 528 10,545 Other Withdrawals: Federal Crop Ins. Corp. 331 804 1,236 State Department 142 142 1,687 Transportation Security Admin. (DHS) 15 22 927 Unclassified 2,911 8,986 127,201 Total, Other Withdrawals 3,398 38,084 351,113 Transfers to Depositaries 1,131 9,118 613,716 Total Federal Reserve Account 10,060 168,713 3,769,328 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 3,734 42,030 1,321,850 Total Withdrawals (excluding transfers) 8,929 159,595 3,155,612 Net Change in Operating Cash Balance -1,429 -1,962 -42,578 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday March 06, 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 83,294 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 38 213 -2,913 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 10 82 1,875 Interest Increment 0 539 3,601 Government Account Series 135,822 556,167 13,898,718 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 2,838 4,896 64,548 Other 48 302 7,663 Total Issues 138,757 668,492 15,872,188 (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 1 4,039 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 79 317 7,937 Government Account Series 131,631 561,645 13,767,588 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 1 2,909 30,940 Other 49 305 7,516 Total Redemptions 131,759 627,473 15,560,032 Net Change in Public Debt Outstanding 6,998 41,019 312,156 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday March 06, 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) 138,757 668,492 15,872,188 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 (-) 135,822 556,167 13,898,718 Interest Increment on United States Savings Securities (-) 0 539 3,601 Inflation-Protected Securities Increment 38 213 -3,233 Total Public Debt Cash Issues Deposited in Federal Reserve Account 2,897 110,440 1,951,906 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 131,759 627,473 15,560,032 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 (-) 131,631 561,645 13,767,588 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 128 65,828 1,792,444 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday March 06, 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/ $ 5,027,341 $ 5,024,347 $ 4,979,111 $ 4,843,121 Intragovernmental Holdings 3,791,790 3,787,785 3,799,000 3,663,853 Total Public Debt Outstanding 8,819,130 8,812,132 8,778,111 8,506,974 Less: Debt Not Subject to Limit: Other Debt 504 504 504 506 Unamortized Discount 73,016 73,163 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 8,731,681 8,724,536 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 $1,02 7 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Tuesday March 06, 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 $ 2,375 $ 37,483 $ 772,205 Individual Income Taxes 17 84 2,444 Railroad Retirement Taxes 6 124 2,083 Excise Taxes 11 1,265 25,844 Corporation Income Taxes 47 495 124,386 Federal Unemployment Taxes 4 18 2,244 Estate and Gift Taxes & Misc IRS Rcpts. 3 8 355 Change in Balance of Unclassified Taxes -45 85 209 Total 2,420 39,562 929,770 These Receipts were deposited in: Federal Reserve Account: Directly 75 1,047 18,134 Collector Depositaries 627 5,951 219,556 Tax and Loan Accounts 1,687 31,270 666,133 Inter-agency Transfers 30 1,294 25,947 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 10 $ 102 $ 4,480 $ 5,592 Deposits: Taxes Received (Table IV) 4 36 1,647 1,687 Transfers to Depositaries 0 0 131 131 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 2,226 2,226 Depositary Initiated 1 6 502 509 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,000 Closing Balance Today 14 132 3,530 4,675 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday March 06, 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 $ 15,630 $ 113,757 Business 500 769 20,790 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.