1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday July 10, 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 $ 4,453 $ 4,865 $ 4,649 $ 5,451 Tax and Loan Note Accounts (Table V) 5,125 8,542 20,560 46,676 Total Operating Balance 9,577 13,407 25,209 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday July 10, 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) 17 115 3,473 Commodity Credit Corporation programs 54 417 11,494 Customs and Certain Excise Taxes 93 524 25,383 Deposits by States: Supplemental Security Income 0 5 3,443 Unemployment 30 116 27,296 Education Department programs 73 376 14,005 Energy Department programs 5 99 5,414 Estate and Gift Taxes 63 516 20,826 Federal Reserve Earnings 0 784 23,523 Foreign Deposits, Military Sales 5 832 10,978 FTD's Received (Table IV) 692 12,814 446,660 Housing and Urban Development programs 16 200 5,761 Individual Income and Employment Taxes, Not Withheld 310 2,316 394,792 Interest recd from T&L Depositaries 0 24 976 Justice Department programs 8 92 3,967 Postal Service 487 2,822 79,945 Public Debt Cash Issues (Table III-B) 577 100,011 3,459,745 Other Deposits: Air Transport Security Fees 1 219 1,976 Federal Housing Admin: Note Sales 60 120 1,355 Total Other Deposits 61 2,124 43,209 Change in Balance of Uncollected Funds (closing balance $ 175) -136 -2 -33 Transfers from Depositaries 5,970 73,468 2,411,775 Total Federal Reserve Account 8,327 197,658 6,992,631 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,080 37,867 1,237,238 Transfers from Federal Reserve Account (Table V) 1,472 20,165 1,132,985 Total Tax and Loan Note Accounts (Table V) 2,552 58,032 2,370,223 Total Deposits (excluding transfers) 3,437 162,057 5,818,095 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday July 10, 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 9 128 22,891 Defense Vendor Payments (EFT) 1,463 7,024 235,630 Education Department programs 148 989 67,159 Energy Department programs 70 581 20,982 Federal Employees Insurance Payments 398 1,186 40,944 Fed. Highway Administration programs 118 921 24,508 Federal Salaries (EFT) 332 3,101 117,037 Food and Nutrition Service (misc) 129 987 26,508 Food Stamps 109 597 15,838 GSA programs 42 587 12,627 Health and Human Services Grants (misc) 298 1,499 57,836 Housing and Urban Development programs 78 2,959 43,087 Interest on Treasury Securities 5 4,507 123,349 Justice Department programs 36 247 10,024 Labor Dept. prgms (excl. unemployment) 29 341 9,894 Medicaid 863 5,041 146,688 Medicare 1,296 7,273 338,154 NASA programs 51 265 9,871 Postal Service Money Orders and Other 195 1,384 39,434 Public Debt Cash Redemp. (Table III-B) 177 94,741 3,408,977 Social Security Benefits (EFT) 45 21,808 363,688 Temporary Assistance for Needy Families (HHS) 61 290 13,044 Unemployment Insurance Benefits 156 766 25,477 Veterans Affairs programs 89 755 19,419 Other Withdrawals: Interior 64 305 8,797 Transportation Security Admin. (DHS) 4 46 1,621 Unclassified 1,004 11,180 274,537 Total, Other Withdrawals 1,072 19,714 667,580 Transfers to Depositaries 1,472 20,165 1,132,985 Total Federal Reserve Account 8,740 197,855 6,993,630 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 5,970 73,468 2,411,775 Total Withdrawals (excluding transfers) 7,267 177,689 5,860,645 Net Change in Operating Cash Balance -3,830 -15,632 -42,550 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday July 10, 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 61,140 2,565,785 Cash Management Series 0 0 196,003 Notes 0 37,924 573,905 Bonds 0 0 25,778 Inflation-Protected Securities Increment 86 872 7,957 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 7 88 3,018 Interest Increment 0 647 6,038 Government Account Series 133,731 805,793 26,363,206 Domestic Series 0 0 185 Foreign Series 0 0 500 State and Local Series 526 1,334 117,443 Other 44 423 14,230 Total Issues 134,395 908,221 29,874,047 (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 60,127 2,803,253 Notes 0 26,664 512,923 Bonds 0 1 4,045 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 77 499 13,828 Government Account Series 130,500 803,141 26,094,030 Domestic Series 0 0 185 Foreign Series 0 0 500 State and Local Series 56 6,988 60,309 Other 44 462 13,934 Total Redemptions 130,677 897,883 29,503,007 Net Change in Public Debt Outstanding 3,717 10,339 371,040 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday July 10, 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) 134,395 908,221 29,874,047 Premium on New Issues 0 0 199 Discount on New Issues: Bills (-) 0 840 35,686 Bonds and Notes (-) 0 58 2,000 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 133,731 805,793 26,363,206 Interest Increment on United States Savings Securities (-) 0 647 6,038 Inflation-Protected Securities Increment 86 872 7,571 Total Public Debt Cash Issues Deposited in Federal Reserve Account 577 100,011 3,459,745 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 130,677 897,883 29,503,007 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 (-) 130,500 803,141 26,094,030 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 177 94,741 3,408,977 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday July 10, 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/ $ 4,951,437 $ 4,950,998 $ 4,943,090 $ 4,843,121 Intragovernmental Holdings 3,926,577 3,923,299 3,924,585 3,663,853 Total Public Debt Outstanding 8,878,014 8,874,297 8,867,675 8,506,974 Less: Debt Not Subject to Limit: Other Debt 503 503 503 506 Unamortized Discount 73,693 73,815 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 68 68 70 96 Total Public Debt Subject to Limit 8,789,886 8,786,047 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 $1,35 7 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Tuesday July 10, 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 $ 1,580 $ 50,783 $ 1,364,533 Individual Income Taxes 8 -147 14,634 Railroad Retirement Taxes 1 143 3,692 Excise Taxes 127 282 48,626 Corporation Income Taxes 102 1,022 293,257 Federal Unemployment Taxes 6 35 6,443 Estate and Gift Taxes & Misc IRS Rcpts. 6 38 646 Change in Balance of Unclassified Taxes -39 383 352 Total 1,791 52,540 1,732,183 These Receipts were deposited in: Federal Reserve Account: Directly 125 800 33,552 Collector Depositaries 566 12,015 413,108 Tax and Loan Accounts 1,080 37,867 1,237,238 Inter-agency Transfers 19 1,858 48,285 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 21 $ 196 $ 2,325 $ 8,542 Deposits: Taxes Received (Table IV) 4 34 1,042 1,080 Transfers to Depositaries 0 0 72 72 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,400 Withdrawals: Treasury Initiated 0 0 2,244 2,244 Depositary Initiated 1 13 212 226 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 3,500 Closing Balance Today 24 217 983 5,125 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday July 10, 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 $ 7 $ 1,019 $ 243,963 Business 370 1,199 35,744 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.