1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday July 31, 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 $ 5,126 $ 4,536 $ 4,649 $ 5,451 Tax and Loan Note Accounts (Table V) 42,215 26,485 20,560 46,676 Total Operating Balance 47,341 31,021 25,209 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday July 31, 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) 12 348 3,706 Commodity Credit Corporation programs 73 1,290 12,366 Customs and Certain Excise Taxes 292 3,163 28,022 Deposits by States: Supplemental Security Income 377 389 3,827 Unemployment 587 1,780 28,960 Education Department programs 81 1,280 14,909 Energy Department programs 127 632 5,946 Estate and Gift Taxes 115 1,842 22,152 Federal Reserve Earnings 0 3,363 26,101 Foreign Deposits, Military Sales 7 1,066 11,212 FTD's Received (Table IV) 1,735 42,713 476,559 Housing and Urban Development programs 35 615 6,176 Individual Income and Employment Taxes, Not Withheld 257 6,614 399,089 Interest recd from T&L Depositaries 0 51 1,003 Justice Department programs 127 489 4,363 Postal Service 451 8,327 85,449 Public Debt Cash Issues (Table III-B) 45,232 341,811 3,701,545 Other Deposits: Air Transport Security Fees 162 421 2,177 Minerals Management Svc/Collections 400 1,238 9,123 Ofc of Thrift Supervision (Assessments) 110 110 219 Railroad Unemployment Ins. 14 17 76 Thrift Savings Plan Transfer 235 1,394 9,693 Total Other Deposits 921 4,235 45,319 Change in Balance of Uncollected Funds (closing balance $ 173) -143 -1 -31 Transfers from Depositaries 4,140 188,453 2,526,761 Total Federal Reserve Account 54,427 608,462 7,403,435 Tax and Loan Note Accounts: FTD's Received (Table IV) 3,042 110,456 1,309,827 Transfers from Federal Reserve Account (Table V) 16,827 99,653 1,212,473 Total Tax and Loan Note Accounts (Table V) 19,869 210,109 2,522,299 Total Deposits (excluding transfers) 53,329 530,464 6,186,501 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday July 31, 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 10 420 23,183 Defense Vendor Payments (EFT) 1,378 27,001 255,607 Education Department programs 294 5,692 71,862 Energy Department programs 198 2,096 22,497 Federal Employees Insurance Payments 203 4,442 44,200 Fed. Highway Administration programs 144 3,090 26,678 Federal Salaries (EFT) 446 13,334 127,270 Food and Nutrition Service (misc) 70 2,539 28,060 Food Stamps 31 1,631 16,872 GSA programs 100 1,227 13,266 Health and Human Services Grants (misc) 545 5,711 62,057 Housing and Urban Development programs 97 4,593 44,721 Interest on Treasury Securities 3,077 13,286 132,128 Justice Department programs 7 1,079 10,855 Labor Dept. prgms (excl. unemployment) 61 1,068 10,613 Medicaid 770 15,541 157,188 Medicare 1,568 25,446 356,326 NASA programs 73 1,146 10,752 Postal Service Money Orders and Other 362 4,307 42,357 Public Debt Cash Redemp. (Table III-B) 26,019 289,308 3,603,543 Social Security Benefits (EFT) 16 39,293 381,172 Temporary Assistance for Needy Families (HHS) 57 1,166 13,920 Unemployment Insurance Benefits 154 2,623 27,334 Veterans Affairs programs 86 2,033 20,698 Other Withdrawals: Federal Crop Ins. Corp. 83 372 1,607 Federal Financing Bank (net) -62 -1,333 -1,778 Federal Transit Admin. 56 107 1,791 Pension Benefit Guaranty Corp. 348 348 3,443 State Department 59 162 2,884 Transportation Security Admin. (DHS) 42 221 1,796 USDA: Forest Service 78 233 2,044 Unclassified 638 24,083 287,439 Total, Other Withdrawals 1,242 40,261 688,127 Transfers to Depositaries 16,827 99,653 1,212,473 Total Federal Reserve Account 53,837 607,985 7,403,760 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 4,140 188,453 2,526,761 Total Withdrawals (excluding transfers) 37,010 508,332 6,191,287 Net Change in Operating Cash Balance 16,319 22,132 -4,786 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday July 31, 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 0 247,700 2,752,345 Cash Management Series 0 0 196,003 Notes 37,693 83,617 619,598 Bonds 7,294 7,294 33,072 Inflation-Protected Securities Increment 307 2,928 10,013 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 11 235 3,164 Interest Increment 0 652 6,043 Government Account Series 135,904 2,778,165 28,335,578 Domestic Series 0 56 241 Foreign Series 0 0 500 State and Local Series 271 5,153 121,262 Other 50 1,480 15,287 Total Issues 181,530 3,127,280 32,093,106 (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 25,870 52,534 538,793 Bonds 0 2 4,046 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 63 1,441 14,770 Government Account Series 132,823 2,773,209 28,064,098 Domestic Series 0 56 241 Foreign Series 0 0 500 State and Local Series 36 9,078 62,398 Other 51 1,515 14,986 Total Redemptions 158,843 3,062,517 31,667,642 Net Change in Public Debt Outstanding 22,688 64,763 425,464 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday July 31, 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) 181,530 3,127,280 32,093,106 Premium on New Issues 0 0 199 Discount on New Issues: Bills (-) 0 3,494 38,340 Bonds and Notes (-) 305 450 2,392 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 135,904 2,778,165 28,335,578 Interest Increment on United States Savings Securities (-) 0 652 6,043 Inflation-Protected Securities Increment 89 2,708 9,407 Total Public Debt Cash Issues Deposited in Federal Reserve Account 45,232 341,811 3,701,545 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 158,843 3,062,517 31,667,642 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 (-) 132,823 2,773,209 28,064,098 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 26,019 289,308 3,603,543 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday July 31, 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/ $ 5,003,717 $ 4,983,979 $ 4,943,090 $ 4,843,121 Intragovernmental Holdings 3,928,722 3,925,771 3,924,585 3,663,853 Total Public Debt Outstanding 8,932,438 8,909,750 8,867,675 8,506,974 Less: Debt Not Subject to Limit: Other Debt 503 503 503 506 Unamortized Discount 72,587 73,879 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 8,845,417 8,821,437 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 $2,92 9 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Tuesday July 31, 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 $ 4,012 $ 141,021 $ 1,454,771 Individual Income Taxes 9 -26 14,755 Railroad Retirement Taxes 42 449 3,998 Excise Taxes 386 5,859 54,203 Corporation Income Taxes 58 10,223 302,458 Federal Unemployment Taxes 727 1,015 7,423 Estate and Gift Taxes & Misc IRS Rcpts. 6 79 687 Change in Balance of Unclassified Taxes 20 21 -10 Total 5,260 158,642 1,838,285 These Receipts were deposited in: Federal Reserve Account: Directly 194 3,475 36,227 Collector Depositaries 1,541 39,238 440,332 Tax and Loan Accounts 3,042 110,456 1,309,827 Inter-agency Transfers 482 5,473 51,900 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 21 $ 204 $ 1,960 $ 26,485 Deposits: Taxes Received (Table IV) 7 61 2,975 3,042 Transfers to Depositaries 5 75 3,848 3,927 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 10,000 Repo Investment 0 0 0 2,900 Withdrawals: Treasury Initiated 0 0 0 0 Depositary Initiated 2 23 1,815 1,840 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 2,300 Closing Balance Today 31 317 6,968 42,215 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday July 31, 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 $ 3 2/$ 3,468 2/$ 246,412 Business 188 2,483 37,028 2/Does not include $27 million offset by FMS for the month of July 2007, and $3,052 million for the fiscal year-to-date for Treasury Offset Program agai nst Tax Refunds issued. 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.