1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday March 29, 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 $ 5,118 $ 4,772 $ 5,194 $ 5,451 Tax and Loan Note Accounts (Table V) 4,778 10,139 6,317 46,676 Total Operating Balance 9,896 14,912 11,511 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday March 29, 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) 17 301 2,275 Commodity Credit Corporation programs 38 1,417 6,454 Customs and Certain Excise Taxes 108 2,614 16,691 Deposits by States: Supplemental Security Income 376 384 2,293 Unemployment 7 311 9,602 Education Department programs 41 1,224 9,825 Energy Department programs 15 492 3,551 Estate and Gift Taxes 49 1,928 12,424 Federal Reserve Earnings 0 2,649 13,863 Foreign Deposits, Military Sales 49 1,109 6,858 FTD's Received (Table IV) 1,466 48,005 278,696 Housing and Urban Development programs 9 514 3,678 Individual Income and Employment Taxes, Not Withheld 489 10,205 111,362 Interest recd from T&L Depositaries 5 64 573 Justice Department programs 6 556 2,571 Postal Service 339 8,306 51,496 Public Debt Cash Issues (Table III-B) 75,218 441,770 2,283,236 Other Deposits: Air Transport Security Fees 10 37 980 Thrift Savings Plan Transfer 170 4,460 6,691 Total Other Deposits 180 6,394 33,321 Change in Balance of Uncollected Funds (closing balance $ 143) 27 -15 -1 Transfers from Depositaries 8,338 256,033 1,535,852 Total Federal Reserve Account 86,775 784,263 4,384,621 Tax and Loan Note Accounts: FTD's Received (Table IV) 2,440 146,267 781,129 Transfers from Federal Reserve Account (Table V) 537 108,227 712,825 Total Tax and Loan Note Accounts (Table V) 2,977 254,494 1,493,954 Total Deposits (excluding transfers) 80,878 674,497 3,629,899 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday March 29, 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 16 755 21,328 Defense Vendor Payments (EFT) 1,193 27,525 149,143 Education Department programs 265 6,395 45,581 Energy Department programs 172 2,096 13,299 Federal Employees Insurance Payments 119 4,284 25,921 Fed. Highway Administration programs 66 1,747 14,408 Federal Salaries (EFT) 650 12,265 76,426 Food and Nutrition Service (misc) 79 2,867 16,595 Food Stamps 25 1,637 10,286 GSA programs 134 1,573 7,761 Health and Human Services Grants (misc) 566 6,309 36,547 Housing and Urban Development programs 130 4,354 25,948 Interest on Treasury Securities 2 1,806 81,074 Justice Department programs 85 1,200 6,829 Labor Dept. prgms (excl. unemployment) 39 1,069 6,199 Medicaid 1,252 16,545 92,584 Medicare 1,093 34,530 210,960 NASA programs 63 1,243 6,035 Postal Service Money Orders and Other 177 4,044 25,158 Public Debt Cash Redemp. (Table III-B) 77,096 394,087 2,120,703 Social Security Benefits (EFT) 10 38,677 224,676 Temporary Assistance for Needy Families (HHS) 22 1,642 8,727 Unemployment Insurance Benefits 119 3,139 16,571 Veterans Affairs programs 85 2,085 12,102 Other Withdrawals: Environmental Protection Agency 122 122 122 HHS Deposit Fund Transfers to States 1/ 191 763 870 IRS Tax Refunds Business (EFT) 505 2,167 10,755 IRS Tax Refunds Individual (EFT) 120 38,685 118,888 Minerals Management Service 253 253 410 U.S. District Courts (net) -316 -226 -1,252 Unclassified 1,562 36,419 154,634 Total, Other Withdrawals 2,436 104,239 417,269 Transfers to Depositaries 537 108,227 712,825 Total Federal Reserve Account 86,430 784,340 4,384,955 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 8,338 256,033 1,535,852 Total Withdrawals (excluding transfers) 85,893 676,112 3,672,130 Net Change in Operating Cash Balance -5,016 -1,615 -42,231 1/Transfer by HHS from Federal Tax Refund Offset Program to various State agencies for delinquent child support. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday March 29, 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 73,911 397,483 1,758,343 Cash Management Series 0 23,000 85,001 Notes 0 8,000 358,380 Bonds 0 0 19,014 Inflation-Protected Securities Increment 41 1,140 -1,986 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 10 294 2,087 Interest Increment 0 546 3,607 Government Account Series 140,148 2,869,382 16,211,933 Domestic Series 0 0 146 Foreign Series 0 500 500 State and Local Series 2,122 16,123 75,774 Other 130 1,549 8,910 Total Issues 216,363 3,318,015 18,521,710 (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 76,908 386,475 1,738,778 Notes 0 0 327,267 Bonds 0 2 4,040 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 53 1,359 8,979 Government Account Series 143,340 2,865,186 16,071,129 Domestic Series 0 0 146 Foreign Series 0 0 0 State and Local Series 13 4,726 32,756 Other 122 1,526 8,737 Total Redemptions 220,436 3,259,273 18,191,832 Net Change in Public Debt Outstanding -4,073 58,741 329,878 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday March 29, 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) 216,363 3,318,015 18,521,710 Premium on New Issues 0 64 152 Discount on New Issues: Bills (-) 956 5,242 24,429 Bonds and Notes (-) 0 0 962 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 140,148 2,869,382 16,211,933 Interest Increment on United States Savings Securities (-) 0 546 3,607 Inflation-Protected Securities Increment 41 1,140 -2,306 Total Public Debt Cash Issues Deposited in Federal Reserve Account 75,218 441,770 2,283,236 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 220,436 3,259,273 18,191,832 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 (-) 143,340 2,865,186 16,071,129 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 77,096 394,087 2,120,703 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday March 29, 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 2/ $ 5,036,527 $ 5,037,513 $ 4,979,111 $ 4,843,121 Intragovernmental Holdings 3,800,326 3,803,412 3,799,000 3,663,853 Total Public Debt Outstanding 8,836,852 8,840,925 8,778,111 8,506,974 Less: Debt Not Subject to Limit: Other Debt 504 504 504 506 Unamortized Discount 73,731 72,923 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 8,748,689 8,753,570 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). 2/The par value of securities held by Treasury under repurchase agreements plus the inflation compensation, less unamortized discount on bills was $511 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Thursday March 29, 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 $ 2,325 $ 150,053 $ 884,775 Individual Income Taxes 16 401 2,760 Railroad Retirement Taxes 13 383 2,341 Excise Taxes 1,951 6,477 31,057 Corporation Income Taxes 178 42,915 166,806 Federal Unemployment Taxes 4 89 2,315 Estate and Gift Taxes & Misc IRS Rcpts. 1 57 404 Change in Balance of Unclassified Taxes -6 -109 15 Total 4,483 200,266 1,090,474 These Receipts were deposited in: Federal Reserve Account: Directly 618 4,084 21,171 Collector Depositaries 848 43,920 257,525 Tax and Loan Accounts 2,440 146,267 781,129 Inter-agency Transfers 577 5,995 30,649 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 21 $ 212 $ 597 $ 10,139 Deposits: Taxes Received (Table IV) 2 30 2,408 2,440 Transfers to Depositaries 0 0 37 37 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 500 Withdrawals: Treasury Initiated 0 0 1,820 1,820 Depositary Initiated 0 12 706 718 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 5,000 Repo Investment 0 0 0 800 Closing Balance Today 23 231 515 4,778 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday March 29, 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 $ 262 $ 55,861 $ 153,988 Business 560 5,009 25,031 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.