1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday July 19, 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 $ 5,061 $ 4,100 $ 4,649 $ 5,451 Tax and Loan Note Accounts (Table V) 15,656 14,598 20,560 46,676 Total Operating Balance 20,717 18,698 25,209 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday July 19, 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) 12 228 3,586 Commodity Credit Corporation programs 41 879 11,956 Customs and Certain Excise Taxes 111 1,244 26,103 Deposits by States: Supplemental Security Income 0 6 3,444 Unemployment 48 382 27,561 Education Department programs 68 757 14,387 Energy Department programs 15 196 5,510 Estate and Gift Taxes 155 1,165 21,475 Federal Reserve Earnings 0 2,575 25,313 Foreign Deposits, Military Sales 12 972 11,117 FTD's Received (Table IV) 639 29,326 463,171 Housing and Urban Development programs 19 366 5,927 Individual Income and Employment Taxes, Not Withheld 280 4,491 396,967 Interest recd from T&L Depositaries 1 29 981 Justice Department programs 5 195 4,069 Postal Service 375 5,399 82,521 Public Debt Cash Issues (Table III-B) 59,340 226,997 3,586,731 Other Deposits: Air Transport Security Fees 1 222 1,979 Total Other Deposits 1 2,398 43,483 Change in Balance of Uncollected Funds (closing balance $ 212) -71 -40 -70 Transfers from Depositaries 1,434 123,650 2,461,957 Total Federal Reserve Account 62,485 401,215 7,196,189 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,188 76,505 1,275,876 Transfers from Federal Reserve Account (Table V) 1,304 42,241 1,155,061 Total Tax and Loan Note Accounts (Table V) 2,492 118,745 2,430,936 Total Deposits (excluding transfers) 62,239 354,070 6,010,107 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday July 19, 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 13 261 23,024 Defense Vendor Payments (EFT) 1,346 15,554 244,160 Education Department programs 149 2,658 68,828 Energy Department programs 135 1,216 21,617 Federal Employees Insurance Payments 121 2,514 42,272 Fed. Highway Administration programs 110 1,872 25,460 Federal Salaries (EFT) 704 8,573 122,510 Food and Nutrition Service (misc) 91 1,846 27,367 Food Stamps 56 1,257 16,498 GSA programs 108 880 12,919 Health and Human Services Grants (misc) 214 3,185 59,522 Housing and Urban Development programs 84 3,750 43,878 Interest on Treasury Securities 2 10,188 129,029 Justice Department programs 21 724 10,500 Labor Dept. prgms (excl. unemployment) 45 647 10,201 Medicaid 1,070 10,820 152,467 Medicare 910 15,215 346,095 NASA programs 44 670 10,276 Postal Service Money Orders and Other 137 2,647 40,696 Public Debt Cash Redemp. (Table III-B) 54,027 206,347 3,520,582 Social Security Benefits (EFT) 43 33,308 375,188 Temporary Assistance for Needy Families (HHS) 39 708 13,462 Unemployment Insurance Benefits 94 1,642 26,354 Veterans Affairs programs 63 1,322 19,987 Other Withdrawals: Centers for Disease Control 55 55 163 Emergency Prep & Response (DHS) 113 569 7,774 HHS Deposit Fund Transfers to States 1/ 54 54 1,720 HUD: Hurricane Relief 73 286 1,191 International Monetary Fund -153 -216 -2,409 Unclassified 453 17,233 280,590 Total, Other Withdrawals 596 30,758 678,625 Transfers to Depositaries 1,304 42,241 1,155,061 Total Federal Reserve Account 61,524 400,803 7,196,578 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 1,434 123,650 2,461,957 Total Withdrawals (excluding transfers) 60,220 358,562 6,041,517 Net Change in Operating Cash Balance 2,019 -4,492 -31,410 1/Transfer by HHS from Federal Tax Refund Offset Program to various State age ncies for delinquent child support. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday July 19, 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 59,777 179,343 2,683,988 Cash Management Series 0 0 196,003 Notes 0 45,924 581,905 Bonds 0 0 25,778 Inflation-Protected Securities Increment 88 1,655 8,740 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 7 157 3,086 Interest Increment 1 649 6,040 Government Account Series 132,661 1,721,260 27,278,673 Domestic Series 0 56 241 Foreign Series 0 0 500 State and Local Series 282 3,248 119,357 Other 147 958 14,765 Total Issues 192,963 1,953,249 30,919,075 (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 53,769 169,317 2,912,443 Notes 0 26,664 512,923 Bonds 0 1 4,045 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 61 950 14,279 Government Account Series 129,604 1,716,724 27,007,613 Domestic Series 0 56 241 Foreign Series 0 0 500 State and Local Series 55 8,370 61,690 Other 142 989 14,461 Total Redemptions 183,631 1,923,071 30,528,195 Net Change in Public Debt Outstanding 9,332 30,179 390,880 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday July 19, 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) 192,963 1,953,249 30,919,075 Premium on New Issues 0 0 199 Discount on New Issues: Bills (-) 872 2,546 37,392 Bonds and Notes (-) 0 145 2,087 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 132,661 1,721,260 27,278,673 Interest Increment on United States Savings Securities (-) 1 649 6,040 Inflation-Protected Securities Increment 88 1,653 8,353 Total Public Debt Cash Issues Deposited in Federal Reserve Account 59,340 226,997 3,586,731 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 183,631 1,923,071 30,528,195 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 (-) 129,604 1,716,724 27,007,613 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 54,027 206,347 3,520,582 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday July 19, 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/ $ 4,969,548 $ 4,963,324 $ 4,943,090 $ 4,843,121 Intragovernmental Holdings 3,928,306 3,925,198 3,924,585 3,663,853 Total Public Debt Outstanding 8,897,854 8,888,523 8,867,675 8,506,974 Less: Debt Not Subject to Limit: Other Debt 503 503 503 506 Unamortized Discount 74,296 73,546 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 8,809,123 8,800,541 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). 2/The par value of securities held by Treasury under repurchase agreements pl us the inflation compensation, less unamortized discount on bills was $1,11 0 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Thursday July 19, 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 $ 1,945 $ 95,724 $ 1,409,474 Individual Income Taxes 6 -86 14,696 Railroad Retirement Taxes 4 276 3,825 Excise Taxes 17 2,925 51,269 Corporation Income Taxes 73 9,549 301,783 Federal Unemployment Taxes 9 100 6,508 Estate and Gift Taxes & Misc IRS Rcpts. 1 63 672 Change in Balance of Unclassified Taxes -68 1,385 1,354 Total 1,986 109,936 1,789,579 These Receipts were deposited in: Federal Reserve Account: Directly 87 2,000 34,752 Collector Depositaries 551 27,326 428,420 Tax and Loan Accounts 1,188 76,505 1,275,876 Inter-agency Transfers 159 4,105 50,532 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 37 $ 298 $ 263 $ 14,598 Deposits: Taxes Received (Table IV) 2 21 1,165 1,188 Transfers to Depositaries 0 1 203 204 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,100 Withdrawals: Treasury Initiated 12 108 0 120 Depositary Initiated 0 2 311 314 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,000 Closing Balance Today 27 209 1,320 15,656 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday July 19, 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 $ 1,924 $ 244,867 Business 46 1,673 36,217 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.