1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday March 26, 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 $ 4,760 $ 5,143 $ 5,194 $ 5,451 Tax and Loan Note Accounts (Table V) 21,398 17,800 6,317 46,676 Total Operating Balance 26,158 22,943 11,511 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday March 26, 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) 11 251 2,226 Commodity Credit Corporation programs 46 1,283 6,320 Customs and Certain Excise Taxes 94 2,349 16,425 Deposits by States: Supplemental Security Income 0 5 1,914 Unemployment 11 274 9,565 Education Department programs 39 1,039 9,640 Energy Department programs 90 414 3,473 Estate and Gift Taxes 61 1,523 12,019 Federal Reserve Earnings 0 2,028 13,243 Foreign Deposits, Military Sales 3 1,018 6,767 FTD's Received (Table IV) 1,954 42,954 273,646 Housing and Urban Development programs 27 456 3,620 Individual Income and Employment Taxes, Not Withheld 466 8,306 109,462 Interest recd from T&L Depositaries 3 51 559 Justice Department programs 8 522 2,536 Postal Service 364 7,171 50,361 Public Debt Cash Issues (Table III-B) 72 364,623 2,206,089 Other Deposits: Minerals Management Svc/Collections 146 618 5,003 Total Other Deposits 146 6,060 32,988 Change in Balance of Uncollected Funds (closing balance $ 46) 97 82 96 Transfers from Depositaries 12,828 224,824 1,504,644 Total Federal Reserve Account 16,322 665,234 4,265,592 Tax and Loan Note Accounts: FTD's Received (Table IV) 8,458 139,610 774,473 Transfers from Federal Reserve Account (Table V) 7,968 100,295 704,892 Total Tax and Loan Note Accounts (Table V) 16,425 239,904 1,479,365 Total Deposits (excluding transfers) 11,951 580,020 3,535,422 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday March 26, 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 74 656 21,229 Defense Vendor Payments (EFT) 1,129 23,408 145,025 Education Department programs 308 5,393 44,579 Energy Department programs 101 1,730 12,934 Federal Employees Insurance Payments 245 3,841 25,478 Fed. Highway Administration programs 75 1,493 14,153 Federal Salaries (EFT) 1,140 10,970 75,130 Food and Nutrition Service (misc) 161 2,620 16,348 Food Stamps 94 1,501 10,151 GSA programs 40 1,308 7,497 Health and Human Services Grants (misc) 272 4,799 35,038 Housing and Urban Development programs 76 3,985 25,580 Interest on Treasury Securities 2 1,795 81,062 Justice Department programs 46 1,068 6,698 Labor Dept. prgms (excl. unemployment) 67 927 6,057 Medicaid 742 13,327 89,366 Medicare 929 30,504 206,934 NASA programs 67 975 5,768 Postal Service Money Orders and Other 293 3,496 24,610 Public Debt Cash Redemp. (Table III-B) 144 316,696 2,043,312 Social Security Benefits (EFT) 32 33,118 219,117 Temporary Assistance for Needy Families (HHS) 40 1,250 8,335 Unemployment Insurance Benefits 159 2,688 16,120 Veterans Affairs programs 115 1,838 11,854 Other Withdrawals: IRS Tax Refunds Individual (EFT) 180 38,291 118,494 Thrift Savings Plan Transfer 260 2,669 11,325 Transportation Security Admin. (DHS) 18 120 1,024 Unclassified 1,928 31,103 149,318 Total, Other Withdrawals 2,385 95,987 409,017 Transfers to Depositaries 7,968 100,295 704,892 Total Federal Reserve Account 16,704 665,668 4,266,283 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 12,828 224,824 1,504,644 Total Withdrawals (excluding transfers) 8,737 565,374 3,561,391 Net Change in Operating Cash Balance 3,215 14,646 -25,970 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday March 26, 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 -4 323,572 1,684,432 Cash Management Series 0 23,000 85,001 Notes 0 8,000 358,380 Bonds 0 0 19,014 Inflation-Protected Securities Increment 122 1,018 -2,107 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 17 262 2,056 Interest Increment 0 545 3,606 Government Account Series 138,765 2,458,258 15,800,810 Domestic Series 0 0 146 Foreign Series 0 500 500 State and Local Series 17 12,169 71,821 Other 41 1,341 8,703 Total Issues 138,959 2,828,665 18,032,361 (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 64 1,186 8,806 Government Account Series 134,686 2,448,008 15,653,951 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 37 4,677 32,708 Other 44 1,264 8,476 Total Redemptions 134,830 2,764,704 17,697,263 Net Change in Public Debt Outstanding 4,129 63,961 335,098 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday March 26, 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) 138,959 2,828,665 18,032,361 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 (-) 138,765 2,458,258 15,800,810 Interest Increment on United States Savings Securities (-) 0 545 3,606 Inflation-Protected Securities Increment 122 1,018 -2,428 Total Public Debt Cash Issues Deposited in Federal Reserve Account 72 364,623 2,206,089 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 134,830 2,764,704 17,697,263 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 (-) 134,686 2,448,008 15,653,951 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 144 316,696 2,043,312 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday March 26, 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/ $ 5,035,823 $ 5,035,939 $ 4,979,111 $ 4,843,121 Intragovernmental Holdings 3,806,249 3,802,004 3,799,000 3,663,853 Total Public Debt Outstanding 8,842,072 8,837,943 8,778,111 8,506,974 Less: Debt Not Subject to Limit: Other Debt 504 504 504 506 Unamortized Discount 73,219 73,655 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 8,754,421 8,749,856 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 $2,96 6 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Monday March 26, 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 $ 11,253 $ 139,809 $ 874,531 Individual Income Taxes 18 336 2,696 Railroad Retirement Taxes 49 364 2,323 Excise Taxes 80 4,136 28,716 Corporation Income Taxes 199 42,386 166,278 Federal Unemployment Taxes 4 75 2,302 Estate and Gift Taxes & Misc IRS Rcpts. 2 51 399 Change in Balance of Unclassified Taxes -209 385 508 Total 11,395 187,544 1,077,752 These Receipts were deposited in: Federal Reserve Account: Directly 126 3,207 20,293 Collector Depositaries 1,828 39,747 253,353 Tax and Loan Accounts 8,458 139,610 774,473 Inter-agency Transfers 983 4,979 29,633 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 26 $ 220 $ 1,755 $ 17,800 Deposits: Taxes Received (Table IV) 5 45 8,408 8,458 Transfers to Depositaries 0 0 68 68 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 5,000 Repo Investment 0 0 0 2,900 Withdrawals: Treasury Initiated 15 120 6,410 6,546 Depositary Initiated 1 3 1,478 1,482 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 2,000 Repo Investment 0 0 0 2,800 Closing Balance Today 14 141 2,343 21,398 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday March 26, 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 $ 272 $ 55,031 $ 153,158 Business 90 3,001 23,023 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.