1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday March 27, 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 $ 5,002 $ 4,760 $ 5,194 $ 5,451 Tax and Loan Note Accounts (Table V) 15,542 21,398 6,317 46,676 Total Operating Balance 20,544 26,158 11,511 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday March 27, 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) 17 268 2,243 Commodity Credit Corporation programs 39 1,321 6,358 Customs and Certain Excise Taxes 88 2,437 16,514 Deposits by States: Supplemental Security Income 3 8 1,916 Unemployment 13 287 9,578 Education Department programs 63 1,102 9,703 Energy Department programs 45 459 3,518 Estate and Gift Taxes 188 1,711 12,207 Federal Reserve Earnings 0 2,028 13,243 Foreign Deposits, Military Sales 38 1,056 6,805 FTD's Received (Table IV) 624 43,579 274,270 Housing and Urban Development programs 24 480 3,644 Individual Income and Employment Taxes, Not Withheld 558 8,863 110,020 Interest recd from T&L Depositaries 7 58 566 Justice Department programs 18 541 2,555 Postal Service 443 7,614 50,804 Public Debt Cash Issues (Table III-B) 1,127 365,750 2,207,216 Other Deposits: Air Transport Security Fees 1 12 956 Defense Finance & Accounting Service 81 678 4,210 Total Other Deposits 83 6,143 33,070 Change in Balance of Uncollected Funds (closing balance $ 131) -84 -2 11 Transfers from Depositaries 13,792 238,616 1,518,435 Total Federal Reserve Account 17,085 682,319 4,282,677 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,402 141,012 775,875 Transfers from Federal Reserve Account (Table V) 6,534 106,829 711,426 Total Tax and Loan Note Accounts (Table V) 7,936 247,841 1,487,301 Total Deposits (excluding transfers) 4,695 584,715 3,540,116 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday March 27, 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 26 682 21,255 Defense Vendor Payments (EFT) 1,919 25,327 146,945 Education Department programs 417 5,810 44,997 Energy Department programs 84 1,814 13,017 Federal Employees Insurance Payments 161 4,001 25,638 Fed. Highway Administration programs 106 1,599 14,260 Federal Salaries (EFT) 464 11,434 75,595 Food and Nutrition Service (misc) 78 2,698 16,426 Food Stamps 65 1,566 10,216 GSA programs 43 1,351 7,540 Health and Human Services Grants (misc) 337 5,137 35,375 Housing and Urban Development programs 102 4,088 25,683 Interest on Treasury Securities 3 1,797 81,065 Justice Department programs 21 1,089 6,718 Labor Dept. prgms (excl. unemployment) 59 986 6,116 Medicaid 712 14,039 90,078 Medicare 1,651 32,155 208,584 NASA programs 159 1,134 5,927 Postal Service Money Orders and Other 205 3,700 24,815 Public Debt Cash Redemp. (Table III-B) 124 316,821 2,043,437 Social Security Benefits (EFT) 34 33,152 219,152 Temporary Assistance for Needy Families (HHS) 69 1,319 8,403 Unemployment Insurance Benefits 175 2,863 16,295 Veterans Affairs programs 98 1,936 11,952 Other Withdrawals: Agency for Internat'l Development 69 635 4,730 Federal Railroad Admin. 148 314 653 HHS: Indian Health Service 56 109 593 IRS Tax Refunds Business (EFT) 844 1,431 10,019 IRS Tax Refunds Individual (EFT) 134 38,425 118,628 Thrift Savings Plan Transfer 137 2,806 11,462 Transportation Security Admin. (DHS) 10 130 1,035 USDA: Forest Service 76 152 1,355 Unclassified 1,724 32,827 151,041 Total, Other Withdrawals 3,196 99,184 412,213 Transfers to Depositaries 6,534 106,829 711,426 Total Federal Reserve Account 16,842 682,511 4,283,126 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 13,792 238,616 1,518,435 Total Withdrawals (excluding transfers) 10,308 575,682 3,571,699 Net Change in Operating Cash Balance -5,613 9,033 -31,583 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday March 27, 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 0 323,572 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 41 1,059 -2,066 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 11 273 2,067 Interest Increment 0 545 3,606 Government Account Series 137,688 2,595,946 15,938,498 Domestic Series 0 0 146 Foreign Series 0 500 500 State and Local Series 1,078 13,247 72,898 Other 39 1,380 8,741 Total Issues 138,856 2,967,522 18,171,217 (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 1,250 8,870 Government Account Series 134,546 2,582,554 15,788,497 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 22 4,699 32,730 Other 39 1,303 8,515 Total Redemptions 134,671 2,899,375 17,831,934 Net Change in Public Debt Outstanding 4,185 68,146 339,283 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday March 27, 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) 138,856 2,967,522 18,171,217 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 (-) 137,688 2,595,946 15,938,498 Interest Increment on United States Savings Securities (-) 0 545 3,606 Inflation-Protected Securities Increment 41 1,059 -2,387 Total Public Debt Cash Issues Deposited in Federal Reserve Account 1,127 365,750 2,207,216 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 134,671 2,899,375 17,831,934 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 (-) 134,546 2,582,554 15,788,497 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 124 316,821 2,043,437 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday March 27, 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/ $ 5,036,908 $ 5,035,823 $ 4,979,111 $ 4,843,121 Intragovernmental Holdings 3,809,349 3,806,249 3,799,000 3,663,853 Total Public Debt Outstanding 8,846,257 8,842,072 8,778,111 8,506,974 Less: Debt Not Subject to Limit: Other Debt 504 504 504 506 Unamortized Discount 73,069 73,219 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 8,758,756 8,754,421 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 5 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Tuesday March 27, 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 $ 2,220 $ 142,029 $ 876,751 Individual Income Taxes 28 365 2,724 Railroad Retirement Taxes 2 367 2,325 Excise Taxes 292 4,428 29,008 Corporation Income Taxes 161 42,548 166,439 Federal Unemployment Taxes 4 79 2,306 Estate and Gift Taxes & Misc IRS Rcpts. 1 53 400 Change in Balance of Unclassified Taxes -269 116 239 Total 2,441 189,985 1,080,193 These Receipts were deposited in: Federal Reserve Account: Directly 86 3,293 20,379 Collector Depositaries 538 40,286 253,891 Tax and Loan Accounts 1,402 141,012 775,875 Inter-agency Transfers 415 5,394 30,048 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 14 $ 141 $ 2,343 $ 21,398 Deposits: Taxes Received (Table IV) 3 26 1,373 1,402 Transfers to Depositaries 0 0 125 125 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 3,509 Repo Investment 0 0 0 2,900 Withdrawals: Treasury Initiated 0 0 1,597 1,597 Depositary Initiated 1 3 291 295 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 9,000 Repo Investment 0 0 0 2,900 Closing Balance Today 16 164 1,953 15,542 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday March 27, 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 $ 309 $ 55,340 $ 153,467 Business 1,154 4,156 24,177 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.