1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday July 25, 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 $ 4,931 $ 4,998 $ 4,649 $ 5,451 Tax and Loan Note Accounts (Table V) 13,383 16,907 20,560 46,676 Total Operating Balance 18,313 21,905 25,209 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday July 25, 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) 14 292 3,650 Commodity Credit Corporation programs 53 1,089 12,166 Customs and Certain Excise Taxes 88 2,503 27,362 Deposits by States: Supplemental Security Income 0 7 3,445 Unemployment 144 757 27,937 Education Department programs 37 1,011 14,640 Energy Department programs 53 387 5,701 Estate and Gift Taxes 56 1,424 21,733 Federal Reserve Earnings 788 3,363 26,101 Foreign Deposits, Military Sales 5 1,003 11,148 FTD's Received (Table IV) 3,149 36,300 470,145 Housing and Urban Development programs 21 492 6,052 Individual Income and Employment Taxes, Not Withheld 348 5,710 398,185 Interest recd from T&L Depositaries 17 47 1,000 Justice Department programs 10 263 4,138 Postal Service 341 6,859 83,982 Public Debt Cash Issues (Table III-B) 140 227,610 3,587,344 Other Deposits: Air Transport Security Fees 3 228 1,985 Minerals Management Svc/Collections 157 795 8,680 Total Other Deposits 160 2,812 43,896 Change in Balance of Uncollected Funds (closing balance $ 174) 69 -1 -31 Transfers from Depositaries 18,598 160,558 2,498,865 Total Federal Reserve Account 24,091 452,486 7,247,460 Tax and Loan Note Accounts: FTD's Received (Table IV) 3,419 92,204 1,291,575 Transfers from Federal Reserve Account (Table V) 11,654 61,177 1,173,997 Total Tax and Loan Note Accounts (Table V) 15,074 153,381 2,465,572 Total Deposits (excluding transfers) 8,912 384,132 6,040,169 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday July 25, 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 24 350 23,113 Defense Vendor Payments (EFT) 1,250 21,253 249,860 Education Department programs 386 4,330 70,500 Energy Department programs 74 1,567 21,968 Federal Employees Insurance Payments 535 3,493 43,251 Fed. Highway Administration programs 219 2,518 26,106 Federal Salaries (EFT) 158 8,992 122,928 Food and Nutrition Service (misc) 81 2,251 27,772 Food Stamps 34 1,470 16,711 GSA programs 34 1,019 13,059 Health and Human Services Grants (misc) 264 4,052 60,398 Housing and Urban Development programs 92 4,160 44,289 Interest on Treasury Securities 2 10,200 129,041 Justice Department programs 24 920 10,696 Labor Dept. prgms (excl. unemployment) 44 828 10,373 Medicaid 684 12,975 154,622 Medicare 1,438 20,433 351,313 NASA programs 41 912 10,519 Postal Service Money Orders and Other 115 3,243 41,292 Public Debt Cash Redemp. (Table III-B) 136 207,214 3,521,450 Social Security Benefits (EFT) 5,764 39,189 381,069 Temporary Assistance for Needy Families (HHS) 20 837 13,591 Unemployment Insurance Benefits 134 2,140 26,851 Veterans Affairs programs 58 1,661 20,325 Other Withdrawals: Emergency Prep & Response (DHS) 55 731 7,935 Federal Crop Ins. Corp. 159 289 1,525 Thrift Savings Plan Transfer 67 1,652 18,115 Transportation Security Admin. (DHS) 16 133 1,708 Unclassified 593 20,221 283,577 Total, Other Withdrawals 890 35,023 682,889 Transfers to Depositaries 11,654 61,177 1,173,997 Total Federal Reserve Account 24,158 452,205 7,247,980 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 18,598 160,558 2,498,865 Total Withdrawals (excluding transfers) 12,503 391,028 6,073,983 Net Change in Operating Cash Balance -3,591 -6,896 -33,814 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday July 25, 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 2,182 9,267 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 8 188 3,117 Interest Increment 0 651 6,042 Government Account Series 131,462 2,243,979 27,801,392 Domestic Series 0 56 241 Foreign Series 0 0 500 State and Local Series 83 3,633 119,742 Other 49 1,158 14,965 Total Issues 131,690 2,477,110 31,442,936 (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 62 1,207 14,536 Government Account Series 135,048 2,237,763 27,528,652 Domestic Series 0 56 241 Foreign Series 0 0 500 State and Local Series 24 8,777 62,097 Other 49 1,192 14,664 Total Redemptions 135,184 2,444,977 31,050,102 Net Change in Public Debt Outstanding -3,493 32,133 392,834 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday July 25, 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) 131,690 2,477,110 31,442,936 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 (-) 131,462 2,243,979 27,801,392 Interest Increment on United States Savings Securities (-) 0 651 6,042 Inflation-Protected Securities Increment 88 2,180 8,880 Total Public Debt Cash Issues Deposited in Federal Reserve Account 140 227,610 3,587,344 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 135,184 2,444,977 31,050,102 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 (-) 135,048 2,237,763 27,528,652 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 136 207,214 3,521,450 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday July 25, 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/ $ 4,969,515 $ 4,969,371 $ 4,943,090 $ 4,843,121 Intragovernmental Holdings 3,930,293 3,933,931 3,924,585 3,663,853 Total Public Debt Outstanding 8,899,808 8,903,302 8,867,675 8,506,974 Less: Debt Not Subject to Limit: Other Debt 503 503 503 506 Unamortized Discount 73,556 73,679 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 8,811,818 8,815,188 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 $2,51 9 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Wednesday July 25, 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 $ 6,221 $ 118,661 $ 1,432,411 Individual Income Taxes 7 -56 14,725 Railroad Retirement Taxes 10 332 3,881 Excise Taxes 453 3,502 51,846 Corporation Income Taxes 79 9,968 302,203 Federal Unemployment Taxes 18 160 6,568 Estate and Gift Taxes & Misc IRS Rcpts. 0 68 677 Change in Balance of Unclassified Taxes -204 69 37 Total 6,584 132,704 1,812,347 These Receipts were deposited in: Federal Reserve Account: Directly 120 2,467 35,219 Collector Depositaries 3,028 33,833 434,926 Tax and Loan Accounts 3,419 92,204 1,291,575 Inter-agency Transfers 16 4,200 50,628 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 7 $ 56 $ 1,944 $ 16,907 Deposits: Taxes Received (Table IV) 7 72 3,341 3,419 Transfers to Depositaries 0 0 154 154 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 9,000 Repo Investment 0 0 0 2,500 Withdrawals: Treasury Initiated 0 0 2,194 2,194 Depositary Initiated 1 10 1,493 1,504 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 13,000 Repo Investment 0 0 0 1,900 Closing Balance Today 13 117 1,753 13,383 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday July 25, 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 $ 9 $ 2,690 $ 245,633 Business 55 2,115 36,660 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.