1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday July 23, 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 $ 5,690 $ 4,894 $ 4,649 $ 5,451 Tax and Loan Note Accounts (Table V) 19,477 15,365 20,560 46,676 Total Operating Balance 25,167 20,259 25,209 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday July 23, 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) 11 259 3,618 Commodity Credit Corporation programs 55 990 12,066 Customs and Certain Excise Taxes 114 1,474 26,333 Deposits by States: Supplemental Security Income 0 6 3,445 Unemployment 67 509 27,689 Education Department programs 108 906 14,535 Energy Department programs 55 315 5,630 Estate and Gift Taxes 66 1,274 21,584 Federal Reserve Earnings 0 2,575 25,313 Foreign Deposits, Military Sales 15 996 11,141 FTD's Received (Table IV) 1,726 32,475 466,320 Housing and Urban Development programs 25 425 5,986 Individual Income and Employment Taxes, Not Withheld 285 5,033 397,508 Interest recd from T&L Depositaries 0 30 982 Justice Department programs 4 213 4,088 Postal Service 373 6,092 83,214 Public Debt Cash Issues (Table III-B) 264 227,331 3,587,065 Other Deposits: Air Transport Security Fees 1 224 1,981 Total Other Deposits 1 2,651 43,735 Change in Balance of Uncollected Funds (closing balance $ 32) 110 140 110 Transfers from Depositaries 7,816 136,525 2,474,833 Total Federal Reserve Account 11,096 420,220 7,215,194 Tax and Loan Note Accounts: FTD's Received (Table IV) 7,806 87,909 1,287,280 Transfers from Federal Reserve Account (Table V) 4,121 47,534 1,160,354 Total Tax and Loan Note Accounts (Table V) 11,928 135,442 2,447,633 Total Deposits (excluding transfers) 11,086 371,604 6,027,641 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday July 23, 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 36 311 23,074 Defense Vendor Payments (EFT) 1,464 18,264 246,870 Education Department programs 208 3,731 69,901 Energy Department programs 66 1,392 21,793 Federal Employees Insurance Payments 123 2,763 42,521 Fed. Highway Administration programs 138 2,105 25,693 Federal Salaries (EFT) 81 8,758 122,695 Food and Nutrition Service (misc) 177 2,122 27,643 Food Stamps 91 1,395 16,636 GSA programs 42 947 12,986 Health and Human Services Grants (misc) 194 3,588 59,926 Housing and Urban Development programs 106 3,952 44,080 Interest on Treasury Securities 6 10,195 129,037 Justice Department programs 78 858 10,634 Labor Dept. prgms (excl. unemployment) 57 745 10,298 Medicaid 402 11,567 153,214 Medicare 1,011 17,445 348,326 NASA programs 62 770 10,376 Postal Service Money Orders and Other 170 2,984 41,034 Public Debt Cash Redemp. (Table III-B) 498 206,961 3,521,197 Social Security Benefits (EFT) 37 33,376 375,256 Temporary Assistance for Needy Families (HHS) 25 787 13,541 Unemployment Insurance Benefits 133 1,869 26,581 Veterans Affairs programs 133 1,533 20,198 Other Withdrawals: Interior 56 863 9,355 Thrift Savings Plan Transfer 60 1,456 17,919 Unclassified 727 19,007 282,364 Total, Other Withdrawals 843 33,227 681,093 Transfers to Depositaries 4,121 47,534 1,160,354 Total Federal Reserve Account 10,300 419,180 7,214,955 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 7,816 136,525 2,474,833 Total Withdrawals (excluding transfers) 6,178 371,646 6,054,601 Net Change in Operating Cash Balance 4,908 -42 -26,960 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday July 23, 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 -1 179,341 2,683,986 Cash Management Series 0 0 196,003 Notes 0 45,924 581,905 Bonds 0 0 25,778 Inflation-Protected Securities Increment 263 2,006 9,092 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 8 174 3,103 Interest Increment 0 650 6,041 Government Account Series 129,908 1,980,029 27,537,442 Domestic Series 0 56 241 Foreign Series 0 0 500 State and Local Series 207 3,466 119,575 Other 50 1,060 14,867 Total Issues 130,436 2,212,705 31,178,531 (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 0 169,317 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 73 1,080 14,409 Government Account Series 129,282 1,974,216 27,265,105 Domestic Series 0 56 241 Foreign Series 0 0 500 State and Local Series 375 8,750 62,070 Other 50 1,093 14,565 Total Redemptions 129,780 2,181,177 30,786,302 Net Change in Public Debt Outstanding 656 31,528 392,229 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday July 23, 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) 130,436 2,212,705 31,178,531 Premium on New Issues 0 0 199 Discount on New Issues: Bills (-) 0 2,546 37,392 Bonds and Notes (-) 0 145 2,087 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 129,908 1,980,029 27,537,442 Interest Increment on United States Savings Securities (-) 0 650 6,041 Inflation-Protected Securities Increment 263 2,004 8,704 Total Public Debt Cash Issues Deposited in Federal Reserve Account 264 227,331 3,587,065 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 129,780 2,181,177 30,786,302 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 (-) 129,282 1,974,216 27,265,105 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 498 206,961 3,521,197 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday July 23, 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/ $ 4,969,408 $ 4,969,448 $ 4,943,090 $ 4,843,121 Intragovernmental Holdings 3,929,796 3,929,100 3,924,585 3,663,853 Total Public Debt Outstanding 8,899,203 8,898,548 8,867,675 8,506,974 Less: Debt Not Subject to Limit: Other Debt 503 503 503 506 Unamortized Discount 73,802 74,173 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 8,810,966 8,809,940 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 $3,99 1 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Monday July 23, 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 $ 9,707 $ 110,683 $ 1,424,433 Individual Income Taxes 8 -72 14,710 Railroad Retirement Taxes 37 322 3,870 Excise Taxes 20 2,966 51,310 Corporation Income Taxes 64 9,723 301,958 Federal Unemployment Taxes 14 128 6,536 Estate and Gift Taxes & Misc IRS Rcpts. 1 65 674 Change in Balance of Unclassified Taxes -313 732 701 Total 9,539 124,547 1,804,191 These Receipts were deposited in: Federal Reserve Account: Directly 102 2,188 34,940 Collector Depositaries 1,624 30,287 431,380 Tax and Loan Accounts 7,806 87,909 1,287,280 Inter-agency Transfers 7 4,164 50,591 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 31 $ 253 $ 980 $ 15,365 Deposits: Taxes Received (Table IV) 5 40 7,761 7,806 Transfers to Depositaries 0 0 121 121 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 4,000 Withdrawals: Treasury Initiated 0 0 2,059 2,059 Depositary Initiated 1 12 4,643 4,656 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,100 Closing Balance Today 35 282 2,160 19,477 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday July 23, 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 $ 2,674 $ 245,617 Business 52 1,744 36,288 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.