1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday July 13, 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 $ 3,821 $ 4,956 $ 4,649 $ 5,451 Tax and Loan Note Accounts (Table V) 834 1,472 20,560 46,676 Total Operating Balance 4,655 6,428 25,209 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday July 13, 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) 10 153 3,511 Commodity Credit Corporation programs 73 664 11,740 Customs and Certain Excise Taxes 119 853 25,712 Deposits by States: Supplemental Security Income 0 5 3,444 Unemployment 32 196 27,376 Education Department programs 52 535 14,164 Energy Department programs 18 144 5,458 Estate and Gift Taxes 53 793 21,103 Federal Reserve Earnings 0 1,763 24,501 Foreign Deposits, Military Sales 16 924 11,069 FTD's Received (Table IV) 2,627 19,186 453,031 Housing and Urban Development programs 24 270 5,830 Individual Income and Employment Taxes, Not Withheld 221 3,184 395,660 Interest recd from T&L Depositaries 0 27 979 Justice Department programs 3 120 3,994 Postal Service 326 3,855 80,977 Public Debt Cash Issues (Table III-B) 127 158,942 3,518,675 Other Deposits: Thrift Savings Plan Transfer 72 949 9,249 Total Other Deposits 72 2,347 43,431 Change in Balance of Uncollected Funds (closing balance $ 148) 40 25 -6 Transfers from Depositaries 7,444 91,748 2,430,056 Total Federal Reserve Account 11,256 285,733 7,080,707 Tax and Loan Note Accounts: FTD's Received (Table IV) 6,594 49,763 1,249,134 Transfers from Federal Reserve Account (Table V) 212 22,260 1,135,080 Total Tax and Loan Note Accounts (Table V) 6,806 72,022 2,384,213 Total Deposits (excluding transfers) 10,406 243,748 5,899,785 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday July 13, 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 11 177 22,940 Defense Vendor Payments (EFT) 1,508 10,358 238,964 Education Department programs 144 1,482 67,651 Energy Department programs 130 885 21,286 Federal Employees Insurance Payments 164 1,953 41,711 Fed. Highway Administration programs 117 1,281 24,869 Federal Salaries (EFT) 2,616 6,026 119,963 Food and Nutrition Service (misc) 99 1,308 26,830 Food Stamps 121 879 16,120 GSA programs 11 693 12,732 Health and Human Services Grants (misc) 400 2,303 58,640 Housing and Urban Development programs 124 3,356 43,484 Interest on Treasury Securities 3 4,515 123,357 Justice Department programs 229 564 10,340 Labor Dept. prgms (excl. unemployment) 57 486 10,040 Medicaid 562 7,591 149,238 Medicare 1,142 10,995 341,875 NASA programs 34 503 10,110 Postal Service Money Orders and Other 178 1,858 39,907 Public Debt Cash Redemp. (Table III-B) 162 150,735 3,464,970 Social Security Benefits (EFT) 43 27,576 369,456 Temporary Assistance for Needy Families (HHS) 59 536 13,290 Unemployment Insurance Benefits 89 1,119 25,831 Veterans Affairs programs 106 971 19,635 Other Withdrawals: Emergency Prep & Response (DHS) 80 327 7,531 Federal Railroad Admin. 205 205 1,143 Interior 74 499 8,991 IRS Tax Refunds Individual (EFT) 181 455 161,227 Military Active Duty Pay (EFT) 2,375 2,375 52,606 Transportation Security Admin. (DHS) 15 73 1,648 Unclassified 1,140 14,157 277,514 Total, Other Withdrawals 4,070 26,152 674,019 Transfers to Depositaries 212 22,260 1,135,080 Total Federal Reserve Account 12,391 286,562 7,082,337 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 7,444 91,748 2,430,056 Total Withdrawals (excluding transfers) 12,179 264,303 5,947,258 Net Change in Operating Cash Balance -1,773 -20,555 -47,473 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday July 13, 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 1 119,568 2,624,213 Cash Management Series 0 0 196,003 Notes 0 37,924 573,905 Bonds 0 0 25,778 Inflation-Protected Securities Increment 86 1,130 8,216 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 15 121 3,050 Interest Increment 0 647 6,038 Government Account Series 128,625 1,194,348 26,751,761 Domestic Series 56 56 241 Foreign Series 0 0 500 State and Local Series 3 2,338 118,447 Other 52 667 14,474 Total Issues 128,838 1,356,799 30,322,625 (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 0 115,547 2,858,673 Notes 0 26,664 512,923 Bonds 0 1 4,045 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 57 689 14,018 Government Account Series 128,960 1,195,973 26,486,862 Domestic Series 0 0 185 Foreign Series 0 0 500 State and Local Series 49 7,132 60,452 Other 56 701 14,173 Total Redemptions 129,122 1,346,707 29,951,832 Net Change in Public Debt Outstanding -284 10,091 370,793 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday July 13, 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) 128,838 1,356,799 30,322,625 Premium on New Issues 0 0 199 Discount on New Issues: Bills (-) 0 1,674 36,520 Bonds and Notes (-) 0 58 2,000 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 128,625 1,194,348 26,751,761 Interest Increment on United States Savings Securities (-) 0 647 6,038 Inflation-Protected Securities Increment 86 1,130 7,829 Total Public Debt Cash Issues Deposited in Federal Reserve Account 127 158,942 3,518,675 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 129,122 1,346,707 29,951,832 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 (-) 128,960 1,195,973 26,486,862 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 162 150,735 3,464,970 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday July 13, 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 $ 4,955,834 $ 4,955,495 $ 4,943,090 $ 4,843,121 Intragovernmental Holdings 3,921,933 3,922,556 3,924,585 3,663,853 Total Public Debt Outstanding 8,877,767 8,878,051 8,867,675 8,506,974 Less: Debt Not Subject to Limit: Other Debt 503 503 503 506 Unamortized Discount 74,159 74,282 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 8,789,172 8,789,334 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 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Friday July 13, 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 $ 6,838 $ 66,320 $ 1,380,070 Individual Income Taxes 7 -126 14,655 Railroad Retirement Taxes 9 182 3,730 Excise Taxes 2,059 2,813 51,157 Corporation Income Taxes 1,010 2,439 294,674 Federal Unemployment Taxes 10 60 6,468 Estate and Gift Taxes & Misc IRS Rcpts. 1 41 650 Change in Balance of Unclassified Taxes 90 446 415 Total 10,023 72,175 1,751,818 These Receipts were deposited in: Federal Reserve Account: Directly 631 1,623 34,375 Collector Depositaries 1,996 17,563 418,657 Tax and Loan Accounts 6,594 49,763 1,249,134 Inter-agency Transfers 803 3,226 49,653 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 9 $ 92 $ 870 $ 1,472 Deposits: Taxes Received (Table IV) 8 80 6,507 6,594 Transfers to Depositaries 0 1 211 212 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 5,080 5,080 Depositary Initiated 1 20 1,842 1,864 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 500 Closing Balance Today 15 152 666 834 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday July 13, 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 $ 869 $ 1,899 $ 244,842 Business 9 1,272 35,817 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.