1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday July 05, 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 $ 4,860 $ 4,117 $ 4,649 $ 5,451 Tax and Loan Note Accounts (Table V) 5,539 4,124 20,560 46,676 Total Operating Balance 10,398 8,242 25,209 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday July 05, 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) 24 63 3,421 Commodity Credit Corporation programs 79 267 11,343 Customs and Certain Excise Taxes 80 280 25,139 Deposits by States: Supplemental Security Income 0 4 3,442 Unemployment 15 40 27,220 Education Department programs 44 124 13,753 Energy Department programs 17 83 5,397 Estate and Gift Taxes 160 269 20,578 Federal Reserve Earnings 784 784 23,523 Foreign Deposits, Military Sales 47 793 10,939 FTD's Received (Table IV) 4,114 8,722 442,567 Housing and Urban Development programs 74 159 5,720 Individual Income and Employment Taxes, Not Withheld 618 1,342 393,817 Interest recd from T&L Depositaries 6 22 974 Justice Department programs 8 74 3,948 Postal Service 454 1,405 78,527 Public Debt Cash Issues (Table III-B) 60,709 99,223 3,458,956 Other Deposits: Air Transport Security Fees 2 217 1,974 Defense Finance & Accounting Service 52 142 6,543 Total Other Deposits 54 1,117 42,202 Change in Balance of Uncollected Funds (closing balance $ 277) -116 -105 -135 Transfers from Depositaries 6,245 50,527 2,388,835 Total Federal Reserve Account 73,417 165,192 6,960,166 Tax and Loan Note Accounts: FTD's Received (Table IV) 4,429 25,438 1,224,809 Transfers from Federal Reserve Account (Table V) 3,229 10,068 1,122,888 Total Tax and Loan Note Accounts (Table V) 7,659 35,506 2,347,697 Total Deposits (excluding transfers) 71,602 140,103 5,796,140 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday July 05, 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 21 79 22,842 Defense Vendor Payments (EFT) 945 3,382 231,988 Education Department programs 171 466 66,636 Energy Department programs 87 305 20,706 Federal Employees Insurance Payments 167 511 40,269 Fed. Highway Administration programs 134 460 24,047 Federal Salaries (EFT) 712 2,574 116,510 Food and Nutrition Service (misc) 212 469 25,990 Food Stamps 134 267 15,508 GSA programs 39 434 12,474 Health and Human Services Grants (misc) 207 777 57,114 Housing and Urban Development programs 258 2,641 42,769 Interest on Treasury Securities 3 4,496 123,337 Justice Department programs 40 101 9,877 Labor Dept. prgms (excl. unemployment) 48 152 9,706 Medicaid 1,230 2,914 144,561 Medicare 1,226 3,540 334,421 NASA programs 72 148 9,755 Postal Service Money Orders and Other 208 721 38,770 Public Debt Cash Redemp. (Table III-B) 60,443 94,026 3,408,261 Social Security Benefits (EFT) 51 21,693 363,573 Temporary Assistance for Needy Families (HHS) 79 132 12,886 Unemployment Insurance Benefits 139 398 25,109 Veterans Affairs programs 71 326 18,990 Other Withdrawals: Thrift Savings Plan Transfer 252 439 16,902 Transportation Security Admin. (DHS) 5 31 1,606 Unclassified 2,489 5,833 269,189 Total, Other Withdrawals 2,747 13,903 661,769 Transfers to Depositaries 3,229 10,068 1,122,888 Total Federal Reserve Account 72,674 164,982 6,960,757 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 6,245 50,527 2,388,835 Total Withdrawals (excluding transfers) 69,445 154,914 5,837,869 Net Change in Operating Cash Balance 2,156 -14,811 -41,729 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday July 05, 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 61,143 61,141 2,565,786 Cash Management Series 0 0 196,003 Notes -2 37,925 573,906 Bonds 0 0 25,778 Inflation-Protected Securities Increment 173 440 7,526 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 10 64 2,994 Interest Increment 0 646 6,037 Government Account Series 128,821 412,132 25,969,545 Domestic Series 0 0 185 Foreign Series 0 0 500 State and Local Series 225 707 116,816 Other 174 283 14,090 Total Issues 190,543 513,340 29,479,166 (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 60,127 60,127 2,803,253 Notes 0 26,664 512,923 Bonds 0 0 4,044 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 93 263 13,592 Government Account Series 127,793 414,224 25,705,113 Domestic Series 0 0 185 Foreign Series 0 0 500 State and Local Series 50 6,655 59,976 Other 173 316 13,788 Total Redemptions 188,236 508,250 29,113,374 Net Change in Public Debt Outstanding 2,307 5,090 365,791 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday July 05, 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) 190,543 513,340 29,479,166 Premium on New Issues 0 0 199 Discount on New Issues: Bills (-) 840 840 35,686 Bonds and Notes (-) 0 58 2,000 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 128,821 412,132 25,969,545 Interest Increment on United States Savings Securities (-) 0 646 6,037 Inflation-Protected Securities Increment 173 440 7,139 Total Public Debt Cash Issues Deposited in Federal Reserve Account 60,709 99,223 3,458,956 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 188,236 508,250 29,113,374 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 (-) 127,793 414,224 25,705,113 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 60,443 94,026 3,408,261 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday July 05, 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/ $ 4,950,423 $ 4,949,386 $ 4,943,090 $ 4,843,121 Intragovernmental Holdings 3,922,342 3,921,072 3,924,585 3,663,853 Total Public Debt Outstanding 8,872,765 8,870,458 8,867,675 8,506,974 Less: Debt Not Subject to Limit: Other Debt 503 503 503 506 Unamortized Discount 74,304 73,708 74,074 72,286 Federal Financing Bank 14,000 14,000 14,000 14,000 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 70 70 70 96 Total Public Debt Subject to Limit 8,784,028 8,782,317 8,779,168 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 $3,15 4 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Thursday July 05, 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 $ 8,463 $ 34,618 $ 1,348,367 Individual Income Taxes 2/ -191 -171 14,610 Railroad Retirement Taxes 6 99 3,648 Excise Taxes 21 57 48,401 Corporation Income Taxes 232 745 292,980 Federal Unemployment Taxes 7 17 6,425 Estate and Gift Taxes & Misc IRS Rcpts. 7 11 620 Change in Balance of Unclassified Taxes 160 384 353 Total 8,704 35,761 1,715,404 These Receipts were deposited in: Federal Reserve Account: Directly 269 449 33,201 Collector Depositaries 3,845 8,273 409,366 Tax and Loan Accounts 4,429 25,438 1,224,809 Inter-agency Transfers 160 1,601 48,028 2/Reported as a negative amount due to a return/reversal of $200 million. TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 6 $ 61 $ 2,157 $ 4,124 Deposits: Taxes Received (Table IV) 8 71 4,351 4,429 Transfers to Depositaries 0 0 129 129 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 3,100 Withdrawals: Treasury Initiated 0 0 2,190 2,190 Depositary Initiated 2 12 2,142 2,155 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,900 Closing Balance Today 13 121 2,305 5,539 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday July 05, 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 $ 6 $ 61 $ 243,004 Business 55 557 35,101 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.