1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday July 17, 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 $ 4,851 $ 3,849 $ 4,649 $ 5,451 Tax and Loan Note Accounts (Table V) 15,542 19,416 20,560 46,676 Total Operating Balance 20,393 23,265 25,209 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday July 17, 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) 14 209 3,567 Commodity Credit Corporation programs 48 773 11,850 Customs and Certain Excise Taxes 96 1,028 25,887 Deposits by States: Supplemental Security Income 0 6 3,444 Unemployment 52 285 27,464 Education Department programs 52 650 14,279 Energy Department programs 8 173 5,487 Estate and Gift Taxes 81 966 21,276 Federal Reserve Earnings 0 1,763 24,501 Foreign Deposits, Military Sales 11 945 11,091 FTD's Received (Table IV) 1,199 24,836 458,682 Housing and Urban Development programs 26 327 5,887 Individual Income and Employment Taxes, Not Withheld 323 3,772 396,247 Interest recd from T&L Depositaries 0 27 979 Justice Department programs 48 185 4,060 Postal Service 440 4,669 81,791 Public Debt Cash Issues (Table III-B) 289 167,474 3,527,208 Other Deposits: Total Other Deposits 0 2,397 43,482 Change in Balance of Uncollected Funds (closing balance $ 148) -117 25 -5 Transfers from Depositaries 7,179 116,421 2,454,728 Total Federal Reserve Account 9,751 326,930 7,121,904 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,861 71,582 1,270,953 Transfers from Federal Reserve Account (Table V) 1,445 39,822 1,152,642 Total Tax and Loan Note Accounts (Table V) 3,306 111,403 2,423,594 Total Deposits (excluding transfers) 4,433 282,091 5,938,128 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday July 17, 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 10 220 22,983 Defense Vendor Payments (EFT) 1,670 13,216 241,823 Education Department programs 461 2,323 68,493 Energy Department programs 55 997 21,398 Federal Employees Insurance Payments 126 2,231 41,988 Fed. Highway Administration programs 248 1,676 25,263 Federal Salaries (EFT) 467 7,651 121,587 Food and Nutrition Service (misc) 65 1,626 27,148 Food Stamps 83 1,144 16,385 GSA programs 26 772 12,811 Health and Human Services Grants (misc) 269 2,799 59,136 Housing and Urban Development programs 85 3,546 43,674 Interest on Treasury Securities 2 10,184 129,026 Justice Department programs 32 649 10,425 Labor Dept. prgms (excl. unemployment) 46 568 10,122 Medicaid 764 9,058 150,705 Medicare 1,311 13,149 344,029 NASA programs 41 578 10,184 Postal Service Money Orders and Other 205 2,368 40,418 Public Debt Cash Redemp. (Table III-B) 123 152,210 3,466,445 Social Security Benefits (EFT) 34 27,652 369,532 Temporary Assistance for Needy Families (HHS) 23 646 13,400 Unemployment Insurance Benefits 142 1,403 26,114 Veterans Affairs programs 72 1,192 19,856 Other Withdrawals: Emergency Prep & Response (DHS) 60 427 7,631 Interior 112 669 9,161 State Department 51 51 2,773 Thrift Savings Plan Transfer 117 1,086 17,549 Transportation Security Admin. (DHS) 1 93 1,668 USDA: Forest Service 78 154 1,965 Unclassified 525 16,020 279,377 Total, Other Withdrawals 944 29,051 676,917 Transfers to Depositaries 1,445 39,822 1,152,642 Total Federal Reserve Account 8,749 326,729 7,122,504 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 7,179 116,421 2,454,728 Total Withdrawals (excluding transfers) 7,304 286,907 5,969,862 Net Change in Operating Cash Balance -2,872 -4,816 -31,734 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday July 17, 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 0 119,566 2,624,211 Cash Management Series 0 0 196,003 Notes 0 45,924 581,905 Bonds 0 0 25,778 Inflation-Protected Securities Increment 87 1,478 8,564 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 8 143 3,072 Interest Increment 0 648 6,039 Government Account Series 135,387 1,460,125 27,017,538 Domestic Series 0 56 241 Foreign Series 0 0 500 State and Local Series 234 2,838 118,947 Other 47 764 14,571 Total Issues 135,764 1,631,542 30,597,367 (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 67 830 14,159 Government Account Series 128,251 1,453,057 26,743,946 Domestic Series 0 56 241 Foreign Series 0 0 500 State and Local Series 9 8,312 61,633 Other 48 799 14,271 Total Redemptions 128,374 1,605,267 30,210,391 Net Change in Public Debt Outstanding 7,390 26,275 386,976 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday July 17, 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) 135,764 1,631,542 30,597,367 Premium on New Issues 0 0 199 Discount on New Issues: Bills (-) 0 1,674 36,520 Bonds and Notes (-) 0 145 2,087 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 135,387 1,460,125 27,017,538 Interest Increment on United States Savings Securities (-) 0 648 6,039 Inflation-Protected Securities Increment 87 1,477 8,176 Total Public Debt Cash Issues Deposited in Federal Reserve Account 289 167,474 3,527,208 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 128,374 1,605,267 30,210,391 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 (-) 128,251 1,453,057 26,743,946 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 123 152,210 3,466,445 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday July 17, 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/ $ 4,963,304 $ 4,963,033 $ 4,943,090 $ 4,843,121 Intragovernmental Holdings 3,930,646 3,923,527 3,924,585 3,663,853 Total Public Debt Outstanding 8,893,950 8,886,560 8,867,675 8,506,974 Less: Debt Not Subject to Limit: Other Debt 503 503 503 506 Unamortized Discount 73,673 73,792 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 8,805,842 8,798,334 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/The par value of securities held by Treasury under repurchase agreements pl us the inflation compensation, less unamortized discount on bills was $1,31 3 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Tuesday July 17, 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 $ 2,702 $ 86,274 $ 1,400,024 Individual Income Taxes 10 -100 14,681 Railroad Retirement Taxes 1 269 3,818 Excise Taxes 20 2,889 51,233 Corporation Income Taxes 170 9,378 301,613 Federal Unemployment Taxes 8 81 6,489 Estate and Gift Taxes & Misc IRS Rcpts. 7 62 670 Change in Balance of Unclassified Taxes 631 1,481 1,449 Total 3,549 100,334 1,779,977 These Receipts were deposited in: Federal Reserve Account: Directly 83 1,824 34,576 Collector Depositaries 1,116 23,012 424,105 Tax and Loan Accounts 1,861 71,582 1,270,953 Inter-agency Transfers 490 3,915 50,343 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 24 $ 218 $ 3,674 $ 19,416 Deposits: Taxes Received (Table IV) 10 69 1,781 1,861 Transfers to Depositaries 0 0 145 145 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,300 Withdrawals: Treasury Initiated 0 0 4,293 4,293 Depositary Initiated 3 27 356 386 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 2,500 Closing Balance Today 32 260 951 15,542 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday July 17, 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 $ 8 $ 1,912 $ 244,855 Business 324 1,627 36,172 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.