1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday July 27, 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 $ 4,959 $ 4,806 $ 4,649 $ 5,451 Tax and Loan Note Accounts (Table V) 22,152 22,913 20,560 46,676 Total Operating Balance 27,111 27,719 25,209 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday July 27, 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) 12 313 3,671 Commodity Credit Corporation programs 39 1,170 12,246 Customs and Certain Excise Taxes 161 2,746 27,605 Deposits by States: Supplemental Security Income 3 12 3,450 Unemployment 128 1,016 28,196 Education Department programs 32 1,118 14,747 Energy Department programs 24 440 5,754 Estate and Gift Taxes 90 1,621 21,931 Federal Reserve Earnings 0 3,363 26,101 Foreign Deposits, Military Sales 30 1,056 11,202 FTD's Received (Table IV) 1,990 38,964 472,809 Housing and Urban Development programs 29 548 6,108 Individual Income and Employment Taxes, Not Withheld 214 6,154 398,629 Interest recd from T&L Depositaries 1 50 1,002 Justice Department programs 17 308 4,183 Postal Service 327 7,507 84,629 Public Debt Cash Issues (Table III-B) 132 296,247 3,655,980 Other Deposits: Air Transport Security Fees 22 252 2,009 Railroad Unemployment Ins. 1 2 61 Total Other Deposits 24 2,837 43,921 Change in Balance of Uncollected Funds (closing balance $ 178) -2 -6 -36 Transfers from Depositaries 10,513 174,921 2,513,229 Total Federal Reserve Account 13,763 540,385 7,335,359 Tax and Loan Note Accounts: FTD's Received (Table IV) 5,426 99,412 1,298,783 Transfers from Federal Reserve Account (Table V) 4,326 77,102 1,189,922 Total Tax and Loan Note Accounts (Table V) 9,752 176,514 2,488,705 Total Deposits (excluding transfers) 8,676 464,876 6,120,913 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday July 27, 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 11 377 23,140 Defense Vendor Payments (EFT) 1,676 24,187 252,793 Education Department programs 528 5,143 71,313 Energy Department programs 117 1,818 22,219 Federal Employees Insurance Payments 143 4,117 43,875 Fed. Highway Administration programs 94 2,739 26,326 Federal Salaries (EFT) 2,515 11,627 125,563 Food and Nutrition Service (misc) 53 2,371 27,892 Food Stamps 27 1,533 16,774 GSA programs 16 1,126 13,165 Health and Human Services Grants (misc) 412 4,791 61,137 Housing and Urban Development programs 111 4,361 44,489 Interest on Treasury Securities 1 10,203 129,045 Justice Department programs 22 986 10,762 Labor Dept. prgms (excl. unemployment) 79 953 10,498 Medicaid 341 14,276 155,923 Medicare 1,277 22,904 353,784 NASA programs 26 1,035 10,641 Postal Service Money Orders and Other 198 3,569 41,619 Public Debt Cash Redemp. (Table III-B) 114 262,930 3,577,166 Social Security Benefits (EFT) 31 39,259 381,139 Temporary Assistance for Needy Families (HHS) 75 960 13,714 Unemployment Insurance Benefits 90 2,338 27,049 Veterans Affairs programs 111 1,853 20,517 Other Withdrawals: Interior 77 1,098 9,590 IRS Tax Refunds Individual (EFT) 207 900 161,672 Transportation Security Admin. (DHS) 25 164 1,739 Unclassified 905 22,103 285,459 Total, Other Withdrawals 1,214 37,520 685,386 Transfers to Depositaries 4,326 77,102 1,189,922 Total Federal Reserve Account 13,610 540,075 7,335,851 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 10,513 174,921 2,513,229 Total Withdrawals (excluding transfers) 9,284 462,974 6,145,929 Net Change in Operating Cash Balance -607 1,902 -25,016 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday July 27, 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 0 247,703 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 2,358 9,443 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 14 210 3,139 Interest Increment 0 652 6,043 Government Account Series 130,727 2,510,278 28,067,691 Domestic Series 0 56 241 Foreign Series 0 0 500 State and Local Series 63 4,612 120,720 Other 55 1,379 15,186 Total Issues 130,947 2,813,171 31,778,997 (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 0 224,683 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 49 1,314 14,643 Government Account Series 126,223 2,498,869 27,789,758 Domestic Series 0 56 241 Foreign Series 0 0 500 State and Local Series 6 8,800 62,120 Other 60 1,411 14,883 Total Redemptions 126,338 2,761,799 31,366,924 Net Change in Public Debt Outstanding 4,609 51,371 412,073 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday July 27, 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) 130,947 2,813,171 31,778,997 Premium on New Issues 0 0 199 Discount on New Issues: Bills (-) 0 3,494 38,340 Bonds and Notes (-) 0 145 2,087 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 130,727 2,510,278 28,067,691 Interest Increment on United States Savings Securities (-) 0 652 6,043 Inflation-Protected Securities Increment 88 2,356 9,055 Total Public Debt Cash Issues Deposited in Federal Reserve Account 132 296,247 3,655,980 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 126,338 2,761,799 31,366,924 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 (-) 126,223 2,498,869 27,789,758 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 114 262,930 3,577,166 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday July 27, 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/ $ 4,983,572 $ 4,983,370 $ 4,943,090 $ 4,843,121 Intragovernmental Holdings 3,935,475 3,931,067 3,924,585 3,663,853 Total Public Debt Outstanding 8,919,047 8,914,437 8,867,675 8,506,974 Less: Debt Not Subject to Limit: Other Debt 503 503 503 506 Unamortized Discount 74,255 74,380 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 8,830,357 8,825,623 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 $1,71 8 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Friday July 27, 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 $ 6,104 $ 127,123 $ 1,440,873 Individual Income Taxes 8 -43 14,739 Railroad Retirement Taxes 11 368 3,917 Excise Taxes 1,852 5,425 53,769 Corporation Income Taxes 48 10,042 302,277 Federal Unemployment Taxes 35 210 6,618 Estate and Gift Taxes & Misc IRS Rcpts. 3 72 680 Change in Balance of Unclassified Taxes -47 -17 -49 Total 8,013 143,180 1,822,823 These Receipts were deposited in: Federal Reserve Account: Directly 562 3,156 35,908 Collector Depositaries 1,428 35,808 436,901 Tax and Loan Accounts 5,426 99,412 1,298,783 Inter-agency Transfers 598 4,804 51,232 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 14 $ 136 $ 2,363 $ 22,913 Deposits: Taxes Received (Table IV) 4 49 5,373 5,426 Transfers to Depositaries 0 0 126 126 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 2,500 Repo Investment 0 0 0 1,700 Withdrawals: Treasury Initiated 0 0 5,261 5,261 Depositary Initiated 1 13 1,337 1,351 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 3,900 Closing Balance Today 18 171 1,263 22,152 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday July 27, 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 $ 758 $ 3,457 $ 246,400 Business 119 2,283 36,828 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.