1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday March 09, 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 $ 5,189 $ 4,752 $ 5,194 $ 5,451 Tax and Loan Note Accounts (Table V) 4,358 16,465 6,317 46,676 Total Operating Balance 9,547 21,217 11,511 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday March 09, 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) 10 115 2,089 Commodity Credit Corporation programs 44 750 5,787 Customs and Certain Excise Taxes 84 652 14,729 Deposits by States: Supplemental Security Income 0 3 1,912 Unemployment 16 133 9,424 Education Department programs 19 411 9,012 Energy Department programs 5 137 3,196 Estate and Gift Taxes 109 707 11,203 Federal Reserve Earnings 0 625 11,840 Foreign Deposits, Military Sales 6 774 6,523 FTD's Received (Table IV) 1,457 13,436 244,127 Housing and Urban Development programs 0 148 3,312 Individual Income and Employment Taxes, Not Withheld 314 3,804 104,961 Interest recd from T&L Depositaries 0 10 518 Justice Department programs 7 57 2,071 Postal Service 351 3,033 46,224 Public Debt Cash Issues (Table III-B) 245 193,137 2,034,603 Other Deposits: Federal Housing Admin: Note Sales 52 172 792 Total Other Deposits 52 4,312 31,240 Change in Balance of Uncollected Funds (closing balance $ 176) 289 -48 -34 Transfers from Depositaries 18,281 66,181 1,346,000 Total Federal Reserve Account 21,290 288,378 3,888,736 Tax and Loan Note Accounts: FTD's Received (Table IV) 5,063 42,383 677,246 Transfers from Federal Reserve Account (Table V) 1,111 21,839 626,436 Total Tax and Loan Note Accounts (Table V) 6,174 64,222 1,303,682 Total Deposits (excluding transfers) 8,072 264,580 3,219,982 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday March 09, 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 27 291 20,864 Defense Vendor Payments (EFT) 1,306 8,666 130,284 Education Department programs 250 1,797 40,984 Energy Department programs 82 734 11,937 Federal Employees Insurance Payments 159 1,370 23,007 Fed. Highway Administration programs 51 587 13,248 Federal Salaries (EFT) 2,563 4,327 68,487 Food and Nutrition Service (misc) 149 974 14,702 Food Stamps 75 547 9,196 GSA programs 23 740 6,929 Health and Human Services Grants (misc) 265 1,898 32,137 Housing and Urban Development programs 137 2,857 24,452 Interest on Treasury Securities 6 460 79,727 Justice Department programs 77 426 6,055 Labor Dept. prgms (excl. unemployment) 56 328 5,458 Medicaid 634 5,822 81,861 Medicare 1,093 17,434 193,863 NASA programs 45 358 5,151 Postal Service Money Orders and Other 190 1,337 22,451 Public Debt Cash Redemp. (Table III-B) 445 136,934 1,863,550 Social Security Benefits (EFT) 31 21,962 207,961 Temporary Assistance for Needy Families (HHS) 53 482 7,567 Unemployment Insurance Benefits 107 1,048 14,479 Veterans Affairs programs 104 777 10,793 Other Withdrawals: Interior 51 246 4,765 IRS Tax Refunds Business (EFT) 54 197 8,785 IRS Tax Refunds Individual (EFT) 10,156 22,255 102,458 Thrift Savings Plan Transfer 398 834 9,490 Transportation Security Admin. (DHS) 3 44 949 Unclassified 1,149 14,074 132,288 Total, Other Withdrawals 11,811 54,389 367,418 Transfers to Depositaries 1,111 21,839 626,436 Total Federal Reserve Account 20,853 288,383 3,888,998 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 18,281 66,181 1,346,000 Total Withdrawals (excluding transfers) 19,741 266,544 3,262,562 Net Change in Operating Cash Balance -11,669 -1,964 -42,580 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday March 09, 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 0 164,359 1,525,219 Cash Management Series 0 23,000 85,001 Notes 0 0 350,380 Bonds 0 0 19,014 Inflation-Protected Securities Increment 39 329 -2,796 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 15 122 1,915 Interest Increment 0 540 3,601 Government Account Series 133,916 961,435 14,303,987 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 183 7,312 66,964 Other 47 542 7,903 Total Issues 134,200 1,157,639 16,361,335 (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 0 132,343 1,484,646 Notes 0 0 327,267 Bonds 0 1 4,039 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 63 519 8,139 Government Account Series 134,446 966,323 14,172,266 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 333 3,522 31,553 Other 49 549 7,760 Total Redemptions 134,891 1,103,257 16,035,816 Net Change in Public Debt Outstanding -691 54,382 325,519 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday March 09, 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) 134,200 1,157,639 16,361,335 Premium on New Issues 0 0 88 Discount on New Issues: Bills (-) 0 2,197 21,385 Bonds and Notes (-) 0 0 962 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 133,916 961,435 14,303,987 Interest Increment on United States Savings Securities (-) 0 540 3,601 Inflation-Protected Securities Increment 39 329 -3,116 Total Public Debt Cash Issues Deposited in Federal Reserve Account 245 193,137 2,034,603 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 134,891 1,103,257 16,035,816 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 (-) 134,446 966,323 14,172,266 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 445 136,934 1,863,550 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday March 09, 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/ $ 5,041,611 $ 5,042,013 $ 4,979,111 $ 4,843,121 Intragovernmental Holdings 3,790,882 3,791,171 3,799,000 3,663,853 Total Public Debt Outstanding 8,832,493 8,833,184 8,778,111 8,506,974 Less: Debt Not Subject to Limit: Other Debt 504 504 504 506 Unamortized Discount 73,636 73,785 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 72 72 71 96 Total Public Debt Subject to Limit 8,744,425 8,744,967 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 $1,02 8 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Friday March 09, 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 $ 6,538 $ 55,468 $ 790,190 Individual Income Taxes 12 116 2,475 Railroad Retirement Taxes 7 139 2,098 Excise Taxes 164 1,456 26,036 Corporation Income Taxes 148 1,008 124,900 Federal Unemployment Taxes 3 30 2,256 Estate and Gift Taxes & Misc IRS Rcpts. 3 28 375 Change in Balance of Unclassified Taxes 3 122 246 Total 6,877 58,367 948,575 These Receipts were deposited in: Federal Reserve Account: Directly 65 1,509 18,596 Collector Depositaries 1,392 11,926 225,532 Tax and Loan Accounts 5,063 42,383 677,246 Inter-agency Transfers 358 2,548 27,201 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 32 $ 325 $ 15,108 $ 16,465 Deposits: Taxes Received (Table IV) 5 52 5,006 5,063 Transfers to Depositaries 0 0 111 111 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,000 Withdrawals: Treasury Initiated 32 325 15,783 16,140 Depositary Initiated 1 4 1,136 1,140 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,000 Closing Balance Today 4 48 3,306 4,358 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday March 09, 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 $ 13,746 $ 29,364 $ 127,491 Business 1/ 288 1,279 21,300 1/This amount includes a return/reversal for $50 million for Business Tax Ref unds. 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.