1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday July 26, 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 $ 4,806 $ 4,931 $ 4,649 $ 5,451 Tax and Loan Note Accounts (Table V) 22,913 13,383 20,560 46,676 Total Operating Balance 27,719 18,313 25,209 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday July 26, 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) 9 302 3,660 Commodity Credit Corporation programs 41 1,130 12,206 Customs and Certain Excise Taxes 83 2,585 27,445 Deposits by States: Supplemental Security Income 1 8 3,446 Unemployment 131 888 28,068 Education Department programs 75 1,086 14,715 Energy Department programs 29 416 5,730 Estate and Gift Taxes 108 1,531 21,841 Federal Reserve Earnings 0 3,363 26,101 Foreign Deposits, Military Sales 23 1,026 11,172 FTD's Received (Table IV) 674 36,974 470,819 Housing and Urban Development programs 27 519 6,079 Individual Income and Employment Taxes, Not Withheld 230 5,940 398,416 Interest recd from T&L Depositaries 2 49 1,001 Justice Department programs 28 291 4,166 Postal Service 321 7,180 84,302 Public Debt Cash Issues (Table III-B) 68,504 296,115 3,655,848 Other Deposits: Air Transport Security Fees 1 229 1,986 Railroad Unemployment Ins. 1 1 60 Total Other Deposits 1 2,813 43,898 Change in Balance of Uncollected Funds (closing balance $ 176) -2 -4 -34 Transfers from Depositaries 3,851 164,409 2,502,716 Total Federal Reserve Account 74,136 526,622 7,321,596 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,782 93,986 1,293,357 Transfers from Federal Reserve Account (Table V) 11,599 72,776 1,185,596 Total Tax and Loan Note Accounts (Table V) 13,381 166,762 2,478,953 Total Deposits (excluding transfers) 72,067 456,200 6,112,237 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday July 26, 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 16 366 23,129 Defense Vendor Payments (EFT) 1,257 22,510 251,117 Education Department programs 285 4,615 70,785 Energy Department programs 134 1,701 22,102 Federal Employees Insurance Payments 481 3,974 43,732 Fed. Highway Administration programs 126 2,645 26,232 Federal Salaries (EFT) 120 9,112 123,048 Food and Nutrition Service (misc) 67 2,318 27,839 Food Stamps 36 1,506 16,747 GSA programs 91 1,110 13,150 Health and Human Services Grants (misc) 327 4,379 60,725 Housing and Urban Development programs 89 4,249 44,378 Interest on Treasury Securities 2 10,202 129,043 Justice Department programs 45 964 10,741 Labor Dept. prgms (excl. unemployment) 46 874 10,419 Medicaid 960 13,934 155,581 Medicare 1,194 21,626 352,507 NASA programs 96 1,009 10,615 Postal Service Money Orders and Other 129 3,372 41,421 Public Debt Cash Redemp. (Table III-B) 55,602 262,816 3,577,051 Social Security Benefits (EFT) 40 39,229 381,109 Temporary Assistance for Needy Families (HHS) 48 885 13,639 Unemployment Insurance Benefits 107 2,247 26,959 Veterans Affairs programs 81 1,742 20,406 Other Withdrawals: Agency for Internat'l Development 52 614 7,585 Federal Aviation Administration 73 626 6,175 Interior 59 1,021 9,513 Thrift Savings Plan Transfer 166 1,818 18,281 Transportation Security Admin. (DHS) 6 140 1,715 U.S. District Courts (net) -52 -44 -1,870 Unclassified 977 21,198 284,554 Total, Other Withdrawals 1,283 36,305 684,172 Transfers to Depositaries 11,599 72,776 1,185,596 Total Federal Reserve Account 74,261 526,466 7,322,241 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 3,851 164,409 2,502,716 Total Withdrawals (excluding transfers) 62,662 453,690 6,136,645 Net Change in Operating Cash Balance 9,405 2,510 -24,408 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday July 26, 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 68,362 247,703 2,752,347 Cash Management Series 0 0 196,003 Notes 0 45,924 581,905 Bonds 0 0 25,778 Inflation-Protected Securities Increment 88 2,270 9,355 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 9 197 3,126 Interest Increment 1 651 6,042 Government Account Series 135,573 2,379,551 27,936,964 Domestic Series 0 56 241 Foreign Series 0 0 500 State and Local Series 915 4,548 120,657 Other 166 1,324 15,131 Total Issues 205,114 2,682,224 31,648,050 (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 55,367 224,683 2,967,810 Notes 0 26,664 512,923 Bonds 0 1 4,045 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 58 1,265 14,594 Government Account Series 134,883 2,372,646 27,663,535 Domestic Series 0 56 241 Foreign Series 0 0 500 State and Local Series 17 8,794 62,114 Other 159 1,352 14,823 Total Redemptions 190,484 2,635,462 31,240,586 Net Change in Public Debt Outstanding 14,629 46,762 407,464 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday July 26, 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) 205,114 2,682,224 31,648,050 Premium on New Issues 0 0 199 Discount on New Issues: Bills (-) 948 3,494 38,340 Bonds and Notes (-) 0 145 2,087 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 135,573 2,379,551 27,936,964 Interest Increment on United States Savings Securities (-) 1 651 6,042 Inflation-Protected Securities Increment 88 2,268 8,968 Total Public Debt Cash Issues Deposited in Federal Reserve Account 68,504 296,115 3,655,848 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 190,484 2,635,462 31,240,586 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 (-) 134,883 2,372,646 27,663,535 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 55,602 262,816 3,577,051 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday July 26, 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/ $ 4,983,370 $ 4,969,515 $ 4,943,090 $ 4,843,121 Intragovernmental Holdings 3,931,067 3,930,293 3,924,585 3,663,853 Total Public Debt Outstanding 8,914,437 8,899,808 8,867,675 8,506,974 Less: Debt Not Subject to Limit: Other Debt 503 503 503 506 Unamortized Discount 74,380 73,556 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 8,825,623 8,811,818 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 $3,92 5 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Thursday July 26, 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 $ 2,358 $ 121,019 $ 1,434,768 Individual Income Taxes 5 -51 14,731 Railroad Retirement Taxes 25 357 3,906 Excise Taxes 71 3,574 51,917 Corporation Income Taxes 27 9,994 302,229 Federal Unemployment Taxes 15 175 6,583 Estate and Gift Taxes & Misc IRS Rcpts. 1 69 677 Change in Balance of Unclassified Taxes -39 30 -2 Total 2,463 135,167 1,814,810 These Receipts were deposited in: Federal Reserve Account: Directly 126 2,593 35,345 Collector Depositaries 548 34,380 435,474 Tax and Loan Accounts 1,782 93,986 1,293,357 Inter-agency Transfers 6 4,206 50,634 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 13 $ 117 $ 1,753 $ 13,383 Deposits: Taxes Received (Table IV) 2 23 1,757 1,782 Transfers to Depositaries 0 0 198 199 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 7,500 Repo Investment 0 0 0 3,900 Withdrawals: Treasury Initiated 0 0 768 768 Depositary Initiated 1 5 578 584 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 2,500 Closing Balance Today 14 136 2,363 22,913 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday July 26, 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 $ 2,699 $ 245,642 Business 49 2,164 36,708 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.