1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday March 23, 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 $ 5,143 $ 4,971 $ 5,194 $ 5,451 Tax and Loan Note Accounts (Table V) 17,800 26,531 6,317 46,676 Total Operating Balance 22,943 31,502 11,511 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday March 23, 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) 11 240 2,214 Commodity Credit Corporation programs 61 1,237 6,274 Customs and Certain Excise Taxes 79 2,254 16,331 Deposits by States: Supplemental Security Income 0 5 1,913 Unemployment 11 263 9,554 Education Department programs 42 1,000 9,600 Energy Department programs 17 324 3,383 Estate and Gift Taxes 99 1,462 11,958 Federal Reserve Earnings 0 2,028 13,243 Foreign Deposits, Military Sales 35 1,015 6,764 FTD's Received (Table IV) 1,483 41,000 271,692 Housing and Urban Development programs 19 429 3,593 Individual Income and Employment Taxes, Not Withheld 383 7,839 108,996 Interest recd from T&L Depositaries 4 48 556 Justice Department programs 12 514 2,528 Postal Service 334 6,807 49,998 Public Debt Cash Issues (Table III-B) 136 364,551 2,206,017 Other Deposits: Air Transport Security Fees 1 11 954 Total Other Deposits 1 5,914 32,841 Change in Balance of Uncollected Funds (closing balance $ 143) 21 -15 -1 Transfers from Depositaries 18,732 211,996 1,491,815 Total Federal Reserve Account 21,483 648,913 4,249,271 Tax and Loan Note Accounts: FTD's Received (Table IV) 5,134 131,152 766,015 Transfers from Federal Reserve Account (Table V) 4,868 92,327 696,924 Total Tax and Loan Note Accounts (Table V) 10,002 223,479 1,462,939 Total Deposits (excluding transfers) 7,885 568,069 3,523,471 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday March 23, 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 17 582 21,155 Defense Vendor Payments (EFT) 1,716 22,279 143,896 Education Department programs 354 5,085 44,272 Energy Department programs 99 1,629 12,833 Federal Employees Insurance Payments 127 3,596 25,233 Fed. Highway Administration programs 49 1,417 14,078 Federal Salaries (EFT) 2,502 9,830 73,991 Food and Nutrition Service (misc) 90 2,460 16,187 Food Stamps 38 1,407 10,056 GSA programs 33 1,268 7,457 Health and Human Services Grants (misc) 297 4,527 34,766 Housing and Urban Development programs 113 3,909 25,504 Interest on Treasury Securities 2 1,792 81,060 Justice Department programs 67 1,022 6,651 Labor Dept. prgms (excl. unemployment) 81 860 5,990 Medicaid 354 12,584 88,624 Medicare 1,358 29,575 206,005 NASA programs 69 908 5,701 Postal Service Money Orders and Other 181 3,203 24,317 Public Debt Cash Redemp. (Table III-B) 187 316,553 2,043,168 Social Security Benefits (EFT) 33 33,086 219,085 Temporary Assistance for Needy Families (HHS) 26 1,210 8,295 Unemployment Insurance Benefits 90 2,529 15,961 Veterans Affairs programs 115 1,723 11,739 Other Withdrawals: Agriculture Loan Payments (misc) 61 113 624 Emergency Prep & Response (DHS) 56 524 4,160 Interior 69 787 5,307 IRS Tax Refunds Individual (EFT) 6,835 38,111 118,314 Thrift Savings Plan Transfer 188 2,409 11,065 Transportation Security Admin. (DHS) 7 102 1,007 Unclassified 1,230 29,175 147,390 Total, Other Withdrawals 8,446 93,602 406,631 Transfers to Depositaries 4,868 92,327 696,924 Total Federal Reserve Account 21,311 648,964 4,249,579 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 18,732 211,996 1,491,815 Total Withdrawals (excluding transfers) 16,444 556,637 3,552,655 Net Change in Operating Cash Balance -8,559 11,432 -29,184 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday March 23, 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 -1 323,576 1,684,436 Cash Management Series 0 23,000 85,001 Notes 0 8,000 358,380 Bonds 0 0 19,014 Inflation-Protected Securities Increment 40 896 -2,229 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 16 245 2,039 Interest Increment 0 545 3,606 Government Account Series 139,905 2,319,493 15,662,044 Domestic Series 0 0 146 Foreign Series 0 500 500 State and Local Series 77 12,152 71,804 Other 44 1,300 8,661 Total Issues 140,082 2,689,706 17,893,402 (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 0 309,567 1,661,870 Notes 0 0 327,267 Bonds 0 2 4,040 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 51 1,123 8,742 Government Account Series 134,634 2,313,322 15,519,264 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 89 4,641 32,671 Other 47 1,221 8,432 Total Redemptions 134,821 2,629,874 17,562,433 Net Change in Public Debt Outstanding 5,260 59,832 330,969 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday March 23, 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) 140,082 2,689,706 17,893,402 Premium on New Issues 0 64 152 Discount on New Issues: Bills (-) 0 4,286 23,474 Bonds and Notes (-) 0 0 962 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 139,905 2,319,493 15,662,044 Interest Increment on United States Savings Securities (-) 0 545 3,606 Inflation-Protected Securities Increment 40 896 -2,550 Total Public Debt Cash Issues Deposited in Federal Reserve Account 136 364,551 2,206,017 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 134,821 2,629,874 17,562,433 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 (-) 134,634 2,313,322 15,519,264 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 187 316,553 2,043,168 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday March 23, 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/ $ 5,035,939 $ 5,035,921 $ 4,979,111 $ 4,843,121 Intragovernmental Holdings 3,802,004 3,796,761 3,799,000 3,663,853 Total Public Debt Outstanding 8,837,943 8,832,683 8,778,111 8,506,974 Less: Debt Not Subject to Limit: Other Debt 504 504 504 506 Unamortized Discount 73,655 73,801 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 8,749,856 8,744,449 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 $2,87 1 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Friday March 23, 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 $ 6,833 $ 128,556 $ 863,278 Individual Income Taxes 17 319 2,678 Railroad Retirement Taxes 7 315 2,273 Excise Taxes 138 4,056 28,636 Corporation Income Taxes 163 42,188 166,079 Federal Unemployment Taxes 4 72 2,298 Estate and Gift Taxes & Misc IRS Rcpts. 2 49 397 Change in Balance of Unclassified Taxes -209 594 718 Total 6,954 176,149 1,066,357 These Receipts were deposited in: Federal Reserve Account: Directly 117 3,081 20,167 Collector Depositaries 1,367 37,919 251,525 Tax and Loan Accounts 5,134 131,152 766,015 Inter-agency Transfers 337 3,997 28,650 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 21 $ 179 $ 5,831 $ 26,531 Deposits: Taxes Received (Table IV) 6 51 5,077 5,134 Transfers to Depositaries 0 0 67 68 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 2,000 Repo Investment 0 0 0 2,800 Withdrawals: Treasury Initiated 0 0 8,103 8,103 Depositary Initiated 1 11 1,117 1,129 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 5,500 Repo Investment 0 0 0 4,000 Closing Balance Today 26 220 1,755 17,800 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday March 23, 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 $ 11,003 $ 54,759 $ 152,886 Business 48 2,911 22,932 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.