1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday March 19, 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 $ 5,471 $ 5,351 $ 5,194 $ 5,451 Tax and Loan Note Accounts (Table V) 33,734 29,746 6,317 46,676 Total Operating Balance 39,205 35,097 11,511 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday March 19, 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) 14 188 2,163 Commodity Credit Corporation programs 37 1,046 6,083 Customs and Certain Excise Taxes 120 1,242 15,319 Deposits by States: Supplemental Security Income 0 4 1,913 Unemployment 15 215 9,507 Education Department programs 44 737 9,337 Energy Department programs 23 207 3,266 Estate and Gift Taxes 90 1,171 11,667 Federal Reserve Earnings 0 1,232 12,447 Foreign Deposits, Military Sales 20 959 6,708 FTD's Received (Table IV) 1,893 34,033 264,725 Housing and Urban Development programs 28 321 3,485 Individual Income and Employment Taxes, Not Withheld 340 5,919 107,076 Interest recd from T&L Depositaries 2 19 528 Justice Department programs 218 331 2,345 Postal Service 396 5,337 48,527 Public Debt Cash Issues (Table III-B) 181 283,454 2,124,919 Other Deposits: Air Transport Security Fees 1 7 951 Thrift Savings Plan Transfer 71 4,210 6,441 Total Other Deposits 72 5,504 32,431 Change in Balance of Uncollected Funds (closing balance $ 32) 62 97 111 Transfers from Depositaries 13,855 154,091 1,433,911 Total Federal Reserve Account 17,409 496,107 4,096,465 Tax and Loan Note Accounts: FTD's Received (Table IV) 7,795 118,966 753,829 Transfers from Federal Reserve Account (Table V) 10,048 62,542 667,140 Total Tax and Loan Note Accounts (Table V) 17,843 181,508 1,420,968 Total Deposits (excluding transfers) 11,349 460,982 3,416,383 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday March 19, 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 39 494 21,067 Defense Vendor Payments (EFT) 1,234 16,382 137,999 Education Department programs 453 3,706 42,893 Energy Department programs 51 1,204 12,407 Federal Employees Insurance Payments 153 2,469 24,107 Fed. Highway Administration programs 124 1,060 13,721 Federal Salaries (EFT) 63 6,835 70,995 Food and Nutrition Service (misc) 228 2,015 15,742 Food Stamps 137 1,224 9,873 GSA programs 23 1,001 7,190 Health and Human Services Grants (misc) 313 3,550 33,789 Housing and Urban Development programs 81 3,453 25,048 Interest on Treasury Securities 2 1,783 81,051 Justice Department programs 73 800 6,429 Labor Dept. prgms (excl. unemployment) 44 651 5,781 Medicaid 888 10,418 86,457 Medicare 941 23,883 200,312 NASA programs 84 701 5,494 Postal Service Money Orders and Other 195 2,630 23,745 Public Debt Cash Redemp. (Table III-B) 122 237,552 1,964,167 Social Security Benefits (EFT) 32 27,591 213,590 Temporary Assistance for Needy Families (HHS) 23 954 8,039 Unemployment Insurance Benefits 177 1,992 15,424 Veterans Affairs programs 143 1,405 11,422 Other Withdrawals: Federal Transit Admin. 86 102 1,104 IRS Tax Refunds Business (EFT) 205 529 9,117 IRS Tax Refunds Individual (EFT) 145 30,986 111,189 Transportation Security Admin. (DHS) 5 78 983 Unclassified 1,175 23,001 141,215 Total, Other Withdrawals 1,616 79,535 392,564 Transfers to Depositaries 10,048 62,542 667,140 Total Federal Reserve Account 17,290 495,830 4,096,445 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 13,855 154,091 1,433,911 Total Withdrawals (excluding transfers) 7,242 433,288 3,429,305 Net Change in Operating Cash Balance 4,107 27,694 -12,922 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday March 19, 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 -4 245,268 1,606,128 Cash Management Series 0 23,000 85,001 Notes 0 8,000 358,380 Bonds 0 0 19,014 Inflation-Protected Securities Increment 121 734 -2,391 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 12 197 1,991 Interest Increment 0 543 3,604 Government Account Series 138,746 1,771,766 15,114,318 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 127 9,166 68,818 Other 46 1,025 8,387 Total Issues 139,049 2,059,700 17,263,396 (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 0 231,266 1,583,568 Notes 0 0 327,267 Bonds 0 1 4,040 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 64 897 8,517 Government Account Series 132,239 1,765,803 14,971,746 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 7 4,446 32,476 Other 52 942 8,153 Total Redemptions 132,362 2,003,355 16,935,914 Net Change in Public Debt Outstanding 6,687 56,345 327,482 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday March 19, 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) 139,049 2,059,700 17,263,396 Premium on New Issues 0 64 152 Discount on New Issues: Bills (-) 0 3,267 22,455 Bonds and Notes (-) 0 0 962 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 138,746 1,771,766 15,114,318 Interest Increment on United States Savings Securities (-) 0 543 3,604 Inflation-Protected Securities Increment 121 734 -2,712 Total Public Debt Cash Issues Deposited in Federal Reserve Account 181 283,454 2,124,919 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 132,362 2,003,355 16,935,914 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 (-) 132,239 1,765,803 14,971,746 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 122 237,552 1,964,167 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday March 19, 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/ $ 5,032,628 $ 5,032,362 $ 4,979,111 $ 4,843,121 Intragovernmental Holdings 3,801,828 3,795,407 3,799,000 3,663,853 Total Public Debt Outstanding 8,834,456 8,827,769 8,778,111 8,506,974 Less: Debt Not Subject to Limit: Other Debt 504 504 504 506 Unamortized Discount 73,225 73,665 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 8,746,798 8,739,672 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 $4,10 0 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Monday March 19, 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 $ 9,313 $ 109,565 $ 844,287 Individual Income Taxes 15 245 2,605 Railroad Retirement Taxes 30 294 2,252 Excise Taxes 9 3,874 28,454 Corporation Income Taxes 224 40,452 164,344 Federal Unemployment Taxes 3 54 2,280 Estate and Gift Taxes & Misc IRS Rcpts. 1 43 390 Change in Balance of Unclassified Taxes 97 2,044 2,168 Total 9,693 156,572 1,046,780 These Receipts were deposited in: Federal Reserve Account: Directly 111 2,537 19,623 Collector Depositaries 1,782 31,496 245,101 Tax and Loan Accounts 7,795 118,966 753,829 Inter-agency Transfers 5 3,573 28,227 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 34 $ 265 $ 8,447 $ 29,746 Deposits: Taxes Received (Table IV) 8 52 7,735 7,795 Transfers to Depositaries 0 0 548 548 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 5,500 Repo Investment 0 0 0 4,000 Withdrawals: Treasury Initiated 0 0 7,847 7,847 Depositary Initiated 3 23 1,982 2,008 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 4,000 Closing Balance Today 39 295 6,901 33,734 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday March 19, 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 $ 244 $ 43,138 $ 141,265 Business 288 2,437 22,459 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.