1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday July 24, 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 $ 4,998 $ 5,690 $ 4,649 $ 5,451 Tax and Loan Note Accounts (Table V) 16,907 19,477 20,560 46,676 Total Operating Balance 21,905 25,167 25,209 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday July 24, 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) 19 278 3,637 Commodity Credit Corporation programs 46 1,036 12,112 Customs and Certain Excise Taxes 941 2,415 27,274 Deposits by States: Supplemental Security Income 0 7 3,445 Unemployment 104 613 27,793 Education Department programs 68 974 14,603 Energy Department programs 19 334 5,648 Estate and Gift Taxes 93 1,367 21,677 Federal Reserve Earnings 0 2,575 25,313 Foreign Deposits, Military Sales 2 998 11,143 FTD's Received (Table IV) 676 33,151 466,996 Housing and Urban Development programs 46 471 6,031 Individual Income and Employment Taxes, Not Withheld 329 5,361 397,837 Interest recd from T&L Depositaries 1 30 982 Justice Department programs 40 253 4,128 Postal Service 427 6,519 83,641 Public Debt Cash Issues (Table III-B) 139 227,470 3,587,204 Other Deposits: Air Transport Security Fees 1 226 1,982 Total Other Deposits 1 2,652 43,737 Change in Balance of Uncollected Funds (closing balance $ 243) -210 -70 -100 Transfers from Depositaries 5,435 141,960 2,480,268 Total Federal Reserve Account 8,175 428,395 7,223,369 Tax and Loan Note Accounts: FTD's Received (Table IV) 876 88,785 1,288,156 Transfers from Federal Reserve Account (Table V) 1,989 49,523 1,162,343 Total Tax and Loan Note Accounts (Table V) 2,865 138,307 2,450,498 Total Deposits (excluding transfers) 3,616 375,220 6,031,257 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday July 24, 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 15 326 23,089 Defense Vendor Payments (EFT) 1,740 20,003 248,610 Education Department programs 212 3,944 70,113 Energy Department programs 101 1,493 21,894 Federal Employees Insurance Payments 195 2,959 42,716 Fed. Highway Administration programs 194 2,299 25,887 Federal Salaries (EFT) 75 8,833 122,770 Food and Nutrition Service (misc) 47 2,169 27,691 Food Stamps 41 1,436 16,677 GSA programs 38 985 13,024 Health and Human Services Grants (misc) 200 3,788 60,134 Housing and Urban Development programs 116 4,068 44,197 Interest on Treasury Securities 2 10,197 129,039 Justice Department programs 37 895 10,671 Labor Dept. prgms (excl. unemployment) 38 783 10,329 Medicaid 724 12,291 153,938 Medicare 1,549 18,994 349,875 NASA programs 102 871 10,477 Postal Service Money Orders and Other 143 3,128 41,177 Public Debt Cash Redemp. (Table III-B) 117 207,079 3,521,314 Social Security Benefits (EFT) 49 33,425 375,305 Temporary Assistance for Needy Families (HHS) 30 817 13,571 Unemployment Insurance Benefits 137 2,006 26,717 Veterans Affairs programs 69 1,602 20,266 Other Withdrawals: Agriculture Loan Payments (misc) 77 77 946 Interior 59 922 9,414 Thrift Savings Plan Transfer 129 1,585 18,048 Transportation Security Admin. (DHS) 21 118 1,693 Unclassified 621 19,628 282,984 Total, Other Withdrawals 906 34,132 681,998 Transfers to Depositaries 1,989 49,523 1,162,343 Total Federal Reserve Account 8,867 428,047 7,223,822 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 5,435 141,960 2,480,268 Total Withdrawals (excluding transfers) 6,879 378,524 6,061,480 Net Change in Operating Cash Balance -3,262 -3,305 -30,222 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday July 24, 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 0 179,341 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 88 2,094 9,180 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 6 179 3,109 Interest Increment 0 650 6,041 Government Account Series 132,488 2,112,517 27,669,930 Domestic Series 0 56 241 Foreign Series 0 0 500 State and Local Series 84 3,550 119,659 Other 49 1,109 14,916 Total Issues 132,715 2,345,420 31,311,246 (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 64 1,145 14,473 Government Account Series 128,499 2,102,715 27,393,605 Domestic Series 0 56 241 Foreign Series 0 0 500 State and Local Series 3 8,753 62,073 Other 50 1,143 14,615 Total Redemptions 128,617 2,309,794 30,914,918 Net Change in Public Debt Outstanding 4,098 35,626 396,328 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday July 24, 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) 132,715 2,345,420 31,311,246 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 (-) 132,488 2,112,517 27,669,930 Interest Increment on United States Savings Securities (-) 0 650 6,041 Inflation-Protected Securities Increment 88 2,092 8,792 Total Public Debt Cash Issues Deposited in Federal Reserve Account 139 227,470 3,587,204 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 128,617 2,309,794 30,914,918 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 (-) 128,499 2,102,715 27,393,605 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 117 207,079 3,521,314 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday July 24, 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/ $ 4,969,371 $ 4,969,408 $ 4,943,090 $ 4,843,121 Intragovernmental Holdings 3,933,931 3,929,796 3,924,585 3,663,853 Total Public Debt Outstanding 8,903,302 8,899,203 8,867,675 8,506,974 Less: Debt Not Subject to Limit: Other Debt 503 503 503 506 Unamortized Discount 73,679 73,802 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 8,815,188 8,810,966 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 $1,92 3 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Tuesday July 24, 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 $ 1,757 $ 112,440 $ 1,426,190 Individual Income Taxes 8 -63 14,718 Railroad Retirement Taxes 1 322 3,871 Excise Taxes 83 3,049 51,393 Corporation Income Taxes 166 9,889 302,124 Federal Unemployment Taxes 14 142 6,550 Estate and Gift Taxes & Misc IRS Rcpts. 3 68 676 Change in Balance of Unclassified Taxes -460 272 241 Total 1,572 126,120 1,805,763 These Receipts were deposited in: Federal Reserve Account: Directly 159 2,347 35,099 Collector Depositaries 517 30,804 431,898 Tax and Loan Accounts 876 88,785 1,288,156 Inter-agency Transfers 20 4,184 50,611 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 35 $ 282 $ 2,160 $ 19,477 Deposits: Taxes Received (Table IV) 4 28 844 876 Transfers to Depositaries 0 0 89 89 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,900 Withdrawals: Treasury Initiated 31 253 973 1,257 Depositary Initiated 1 2 175 178 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 4,000 Closing Balance Today 7 56 1,944 16,907 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday July 24, 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 $ 2,681 $ 245,625 Business 316 2,060 36,604 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.