1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday March 07, 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 $ 4,449 $ 4,873 $ 5,194 $ 5,451 Tax and Loan Note Accounts (Table V) 8,422 4,675 6,317 46,676 Total Operating Balance 12,871 9,549 11,511 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday March 07, 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 93 2,067 Commodity Credit Corporation programs 41 642 5,679 Customs and Certain Excise Taxes 121 487 14,564 Deposits by States: Supplemental Security Income 0 3 1,912 Unemployment 17 99 9,390 Education Department programs 91 342 8,943 Energy Department programs 22 129 3,188 Estate and Gift Taxes 141 532 11,028 Federal Reserve Earnings 625 625 11,840 Foreign Deposits, Military Sales 8 767 6,516 FTD's Received (Table IV) 4,124 11,122 241,814 Housing and Urban Development programs 47 122 3,286 Individual Income and Employment Taxes, Not Withheld 1,088 2,896 104,052 Interest recd from T&L Depositaries 0 6 514 Justice Department programs 8 43 2,058 Postal Service 455 2,302 45,493 Public Debt Cash Issues (Table III-B) 496 110,936 1,952,402 Other Deposits: Thrift Savings Plan Transfer 590 2,350 4,581 Total Other Deposits 590 3,077 30,005 Change in Balance of Uncollected Funds (closing balance $ 122) -19 6 20 Transfers from Depositaries 3,210 45,240 1,325,060 Total Federal Reserve Account 11,077 179,470 3,779,828 Tax and Loan Note Accounts: FTD's Received (Table IV) 4,137 35,407 670,270 Transfers from Federal Reserve Account (Table V) 2,819 11,938 616,535 Total Tax and Loan Note Accounts (Table V) 6,956 47,345 1,286,805 Total Deposits (excluding transfers) 12,004 169,637 3,125,038 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday March 07, 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 35 234 20,808 Defense Vendor Payments (EFT) 1,158 6,118 127,736 Education Department programs 369 1,327 40,514 Energy Department programs 60 535 11,738 Federal Employees Insurance Payments 261 876 22,514 Fed. Highway Administration programs 115 471 13,132 Federal Salaries (EFT) 373 1,649 65,810 Food and Nutrition Service (misc) 122 691 14,418 Food Stamps 80 400 9,049 GSA programs 145 622 6,810 Health and Human Services Grants (misc) 240 1,280 31,518 Housing and Urban Development programs 148 2,621 24,215 Interest on Treasury Securities 3 450 79,718 Justice Department programs 60 332 5,961 Labor Dept. prgms (excl. unemployment) 46 230 5,360 Medicaid 918 3,912 79,951 Medicare 1,386 15,244 191,673 NASA programs 68 199 4,992 Postal Service Money Orders and Other 201 955 22,069 Public Debt Cash Redemp. (Table III-B) 139 65,967 1,792,583 Social Security Benefits (EFT) 34 21,885 207,885 Temporary Assistance for Needy Families (HHS) 84 399 7,483 Unemployment Insurance Benefits 171 802 14,234 Veterans Affairs programs 80 609 10,625 Other Withdrawals: Federal Aviation Administration 59 147 3,345 Transportation Security Admin. (DHS) 14 37 941 Unclassified 2,312 11,298 129,513 Total, Other Withdrawals 2,386 40,470 353,499 Transfers to Depositaries 2,819 11,938 616,535 Total Federal Reserve Account 11,502 180,215 3,780,830 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 3,210 45,240 1,325,060 Total Withdrawals (excluding transfers) 8,682 168,277 3,164,295 Net Change in Operating Cash Balance 3,322 1,359 -39,257 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday March 07, 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 39 251 -2,874 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 12 93 1,887 Interest Increment 0 540 3,601 Government Account Series 132,795 688,962 14,031,514 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 436 5,333 64,984 Other 48 350 7,712 Total Issues 133,330 801,823 16,005,518 (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 76 393 8,013 Government Account Series 133,708 695,353 13,901,296 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 14 2,923 30,953 Other 49 354 7,565 Total Redemptions 133,847 761,320 15,693,878 Net Change in Public Debt Outstanding -516 40,503 311,640 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday March 07, 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) 133,330 801,823 16,005,518 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 (-) 132,795 688,962 14,031,514 Interest Increment on United States Savings Securities (-) 0 540 3,601 Inflation-Protected Securities Increment 39 251 -3,195 Total Public Debt Cash Issues Deposited in Federal Reserve Account 496 110,936 1,952,402 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 133,847 761,320 15,693,878 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 (-) 133,708 695,353 13,901,296 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 139 65,967 1,792,583 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday March 07, 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/ $ 5,028,460 $ 5,027,341 $ 4,979,111 $ 4,843,121 Intragovernmental Holdings 3,790,154 3,791,790 3,799,000 3,663,853 Total Public Debt Outstanding 8,818,614 8,819,130 8,778,111 8,506,974 Less: Debt Not Subject to Limit: Other Debt 504 504 504 506 Unamortized Discount 72,868 73,016 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 73 71 71 96 Total Public Debt Subject to Limit 8,731,314 8,731,681 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 plus 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 Wednesday March 07, 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 $ 8,714 $ 46,197 $ 780,919 Individual Income Taxes 10 95 2,454 Railroad Retirement Taxes 4 128 2,086 Excise Taxes 13 1,278 25,858 Corporation Income Taxes 58 553 124,444 Federal Unemployment Taxes 6 23 2,250 Estate and Gift Taxes & Misc IRS Rcpts. 9 16 364 Change in Balance of Unclassified Taxes -42 43 167 Total 8,772 48,334 938,542 These Receipts were deposited in: Federal Reserve Account: Directly 89 1,136 18,223 Collector Depositaries 4,035 9,986 223,591 Tax and Loan Accounts 4,137 35,407 670,270 Inter-agency Transfers 511 1,805 26,459 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 14 $ 132 $ 3,530 $ 4,675 Deposits: Taxes Received (Table IV) 8 86 4,043 4,137 Transfers to Depositaries 1 20 1,799 1,819 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 0 0 Depositary Initiated 1 30 2,179 2,210 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,000 Closing Balance Today 21 208 7,193 8,422 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday March 07, 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 $ 15,613 $ 113,740 Business 76 2/ 794 2/ 20,816 2/This amount includes a return/reversal for $50 million for Business Tax Refunds for the work dated March 6, 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.