1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday March 13, 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 $ 4,923 $ 4,910 $ 5,194 $ 5,451 Tax and Loan Note Accounts (Table V) 6,340 10,551 6,317 46,676 Total Operating Balance 11,263 15,461 11,511 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday March 13, 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) 16 143 2,118 Commodity Credit Corporation programs 44 835 5,872 Customs and Certain Excise Taxes 107 861 14,938 Deposits by States: Supplemental Security Income 0 3 1,912 Unemployment 15 158 9,449 Education Department programs 41 511 9,112 Energy Department programs 8 151 3,210 Estate and Gift Taxes 50 807 11,303 Federal Reserve Earnings 0 625 11,840 Foreign Deposits, Military Sales 2 779 6,528 FTD's Received (Table IV) 998 16,750 247,441 Housing and Urban Development programs 33 231 3,395 Individual Income and Employment Taxes, Not Withheld 346 4,455 105,611 Interest recd from T&L Depositaries 0 10 519 Justice Department programs 16 77 2,091 Postal Service 470 3,906 47,096 Public Debt Cash Issues (Table III-B) 318 193,693 2,035,159 Other Deposits: Total Other Deposits 0 4,384 31,311 Change in Balance of Uncollected Funds (closing balance $ 71) -44 58 71 Transfers from Depositaries 7,553 81,227 1,361,047 Total Federal Reserve Account 9,974 309,666 3,910,024 Tax and Loan Note Accounts: FTD's Received (Table IV) 2,041 55,948 690,811 Transfers from Federal Reserve Account (Table V) 1,302 25,302 629,899 Total Tax and Loan Note Accounts (Table V) 3,342 81,250 1,320,710 Total Deposits (excluding transfers) 4,461 284,387 3,239,789 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday March 13, 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 42 381 20,954 Defense Vendor Payments (EFT) 1,932 11,720 133,337 Education Department programs 223 2,356 41,543 Energy Department programs 68 861 12,065 Federal Employees Insurance Payments 184 1,891 23,529 Fed. Highway Administration programs 104 737 13,398 Federal Salaries (EFT) 423 5,898 70,058 Food and Nutrition Service (misc) 135 1,398 15,126 Food Stamps 100 844 9,494 GSA programs 38 814 7,002 Health and Human Services Grants (misc) 238 2,364 32,602 Housing and Urban Development programs 129 3,095 24,689 Interest on Treasury Securities 3 468 79,736 Justice Department programs 59 560 6,189 Labor Dept. prgms (excl. unemployment) 24 400 5,530 Medicaid 735 7,323 83,362 Medicare 1,389 19,666 196,095 NASA programs 51 480 5,273 Postal Service Money Orders and Other 232 1,922 23,037 Public Debt Cash Redemp. (Table III-B) 252 137,443 1,864,059 Social Security Benefits (EFT) 30 22,026 208,025 Temporary Assistance for Needy Families (HHS) 69 606 7,691 Unemployment Insurance Benefits 184 1,417 14,849 Veterans Affairs programs 72 999 11,016 Other Withdrawals: Interior 66 372 4,891 Thrift Savings Plan Transfer 299 1,626 10,282 Transportation Security Admin. (DHS) 9 58 963 USDA: Forest Service 77 77 1,280 Unclassified 1,492 17,287 135,502 Total, Other Withdrawals 1,943 58,965 371,994 Transfers to Depositaries 1,302 25,302 629,899 Total Federal Reserve Account 9,961 309,937 3,910,552 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 7,553 81,227 1,361,047 Total Withdrawals (excluding transfers) 8,659 284,635 3,280,653 Net Change in Operating Cash Balance -4,198 -248 -40,864 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday March 13, 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 0 164,354 1,525,215 Cash Management Series 0 23,000 85,001 Notes 0 0 350,380 Bonds 0 0 19,014 Inflation-Protected Securities Increment 41 491 -2,634 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 13 152 1,945 Interest Increment 0 541 3,602 Government Account Series 136,718 1,231,748 14,574,299 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 264 7,757 67,409 Other 41 627 7,989 Total Issues 137,077 1,428,670 16,632,366 (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 4,040 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 68 657 8,277 Government Account Series 131,567 1,231,045 14,436,988 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 142 3,804 31,834 Other 42 638 7,849 Total Redemptions 131,819 1,368,489 16,301,047 Net Change in Public Debt Outstanding 5,258 60,181 331,318 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday March 13, 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) 137,077 1,428,670 16,632,366 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 (-) 136,718 1,231,748 14,574,299 Interest Increment on United States Savings Securities (-) 0 541 3,602 Inflation-Protected Securities Increment 41 491 -2,955 Total Public Debt Cash Issues Deposited in Federal Reserve Account 318 193,693 2,035,159 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 131,819 1,368,489 16,301,047 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 (-) 131,567 1,231,045 14,436,988 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 252 137,443 1,864,059 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday March 13, 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/ $ 5,041,379 $ 5,041,373 $ 4,979,111 $ 4,843,121 Intragovernmental Holdings 3,796,913 3,791,660 3,799,000 3,663,853 Total Public Debt Outstanding 8,838,292 8,833,034 8,778,111 8,506,974 Less: Debt Not Subject to Limit: Other Debt 504 504 504 506 Unamortized Discount 73,039 73,188 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 8,750,821 8,745,413 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 13, 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 $ 2,478 $ 71,362 $ 806,084 Individual Income Taxes 15 144 2,503 Railroad Retirement Taxes 1 195 2,153 Excise Taxes 93 1,944 26,524 Corporation Income Taxes 844 2,112 126,003 Federal Unemployment Taxes 3 36 2,263 Estate and Gift Taxes & Misc IRS Rcpts. 1 35 383 Change in Balance of Unclassified Taxes 20 200 324 Total 3,456 76,028 966,236 These Receipts were deposited in: Federal Reserve Account: Directly 88 1,682 18,768 Collector Depositaries 910 15,068 228,673 Tax and Loan Accounts 2,041 55,948 690,811 Inter-agency Transfers 418 3,330 27,984 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 9 $ 98 $ 9,444 $ 10,551 Deposits: Taxes Received (Table IV) 7 40 1,994 2,041 Transfers to Depositaries 0 0 302 302 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 6,099 6,099 Depositary Initiated 2 7 445 454 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,000 Closing Balance Today 14 131 5,195 6,340 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday March 13, 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/$ -14 $ 29,709 $ 127,836 Business 292 1,811 21,832 2/This amount includes a return/reversal for $18 million for Individual Tax R efunds. 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.