1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday August 14, 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 $ 4,755 $ 4,667 $ 5,126 $ 5,451 Tax and Loan Note Accounts (Table V) 42,855 44,900 42,215 46,676 Total Operating Balance 47,610 49,568 47,341 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday August 14, 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) 20 167 3,873 Commodity Credit Corporation programs 45 501 12,867 Customs and Certain Excise Taxes 173 1,044 29,067 Deposits by States: Supplemental Security Income 1 8 3,836 Unemployment 34 4,615 33,575 Education Department programs 82 868 15,777 Energy Department programs 21 295 6,241 Estate and Gift Taxes 100 1,143 23,295 Federal Reserve Earnings 0 1,384 27,486 Foreign Deposits, Military Sales 18 791 12,003 FTD's Received (Table IV) 1,677 18,507 495,065 Housing and Urban Development programs 23 275 6,451 Individual Income and Employment Taxes, Not Withheld 199 2,269 401,358 Interest recd from T&L Depositaries 4 51 1,054 Justice Department programs 11 114 4,477 Postal Service 437 4,122 89,571 Public Debt Cash Issues (Table III-B) 211 164,826 3,866,371 Other Deposits: Thrift Savings Plan Transfer 147 1,384 11,077 Total Other Deposits 147 1,655 46,974 Change in Balance of Uncollected Funds (closing balance $ 146) -112 27 -4 Transfers from Depositaries 6,806 141,140 2,667,901 Total Federal Reserve Account 9,895 343,802 7,747,237 Tax and Loan Note Accounts: FTD's Received (Table IV) 2,450 49,250 1,359,076 Transfers from Federal Reserve Account (Table V) 2,310 92,529 1,305,002 Total Tax and Loan Note Accounts (Table V) 4,760 141,779 2,664,079 Total Deposits (excluding transfers) 5,539 251,912 6,438,413 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday August 14, 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 10 187 23,370 Defense Vendor Payments (EFT) 1,669 10,746 266,353 Education Department programs 393 3,673 75,535 Energy Department programs 75 911 23,409 Federal Employees Insurance Payments 181 2,170 46,369 Fed. Highway Administration programs 189 1,494 28,172 Federal Salaries (EFT) 415 6,079 133,349 Food and Nutrition Service (misc) 82 1,367 29,428 Food Stamps 93 922 17,793 GSA programs 39 702 13,968 Health and Human Services Grants (misc) 269 2,322 64,378 Housing and Urban Development programs 123 3,385 48,107 Interest on Treasury Securities 2 660 132,788 Justice Department programs 54 502 11,357 Labor Dept. prgms (excl. unemployment) 34 494 11,107 Medicaid 671 7,172 164,360 Medicare 1,295 23,392 379,718 NASA programs 55 561 11,314 Postal Service Money Orders and Other 196 1,922 44,279 Public Debt Cash Redemp. (Table III-B) 115 119,437 3,722,980 Social Security Benefits (EFT) 41 27,586 408,758 Temporary Assistance for Needy Families (HHS) 151 672 14,592 Unemployment Insurance Benefits 146 1,189 28,524 Veterans Affairs programs 80 944 21,642 Other Withdrawals: Federal Transit Admin. 107 542 2,333 Interior 75 583 10,231 Transportation Security Admin. (DHS) 1 98 1,893 USDA: Forest Service 78 78 2,122 Unclassified 859 13,596 301,035 Total, Other Withdrawals 1,120 33,154 721,281 Transfers to Depositaries 2,310 92,529 1,305,002 Total Federal Reserve Account 9,807 344,172 7,747,932 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 6,806 141,140 2,667,901 Total Withdrawals (excluding transfers) 7,497 251,643 6,442,930 Net Change in Operating Cash Balance -1,958 269 -4,517 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday August 14, 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 0 164,220 2,916,565 Cash Management Series 0 0 196,003 Notes 0 -1 619,597 Bonds 0 0 33,072 Inflation-Protected Securities Increment 28 467 10,481 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 6 120 3,284 Interest Increment 0 600 6,643 Government Account Series 131,788 1,323,743 29,659,321 Domestic Series 0 0 241 Foreign Series 0 0 500 State and Local Series 157 1,848 123,110 Other 48 748 16,035 Total Issues 132,026 1,491,745 33,584,851 (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 0 113,232 3,081,042 Notes 0 0 538,793 Bonds 0 1 4,046 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 65 739 15,508 Government Account Series 127,757 1,330,656 29,394,755 Domestic Series 0 0 241 Foreign Series 0 0 500 State and Local Series 2 4,716 67,114 Other 49 749 15,736 Total Redemptions 127,873 1,450,093 33,117,735 Net Change in Public Debt Outstanding 4,154 41,652 467,116 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday August 14, 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) 132,026 1,491,745 33,584,851 Premium on New Issues 0 0 199 Discount on New Issues: Bills (-) 0 2,108 40,448 Bonds and Notes (-) 0 0 2,392 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 131,788 1,323,743 29,659,321 Interest Increment on United States Savings Securities (-) 0 600 6,643 Inflation-Protected Securities Increment 28 467 9,875 Total Public Debt Cash Issues Deposited in Federal Reserve Account 211 164,826 3,866,371 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 127,873 1,450,093 33,117,735 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 (-) 127,757 1,330,656 29,394,755 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 115 119,437 3,722,980 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday August 14, 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/ $ 5,053,520 $ 5,053,091 $ 5,003,717 $ 4,843,121 Intragovernmental Holdings 3,920,570 3,916,845 3,928,722 3,663,853 Total Public Debt Outstanding 8,974,090 8,969,936 8,932,438 8,506,974 Less: Debt Not Subject to Limit: Other Debt 503 503 503 506 Unamortized Discount 73,322 73,450 72,587 72,286 Federal Financing Bank 14,000 14,000 14,000 14,000 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 67 67 68 96 Total Public Debt Subject to Limit 8,886,333 8,882,050 8,845,417 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 $2,11 5 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Tuesday August 14, 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 $ 2,051 $ 65,186 $ 1,519,957 Individual Income Taxes 7 65 14,820 Railroad Retirement Taxes 11 167 4,165 Excise Taxes 2,101 2,954 57,157 Corporation Income Taxes 330 2,038 304,496 Federal Unemployment Taxes 3 96 7,520 Estate and Gift Taxes & Misc IRS Rcpts. 2 33 721 Change in Balance of Unclassified Taxes 59 273 262 Total 4,564 70,811 1,909,097 These Receipts were deposited in: Federal Reserve Account: Directly 678 1,875 38,102 Collector Depositaries 998 16,632 456,963 Tax and Loan Accounts 2,450 49,250 1,359,076 Inter-agency Transfers 437 3,054 54,955 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 22 $ 242 $ 1,812 $ 44,900 Deposits: Taxes Received (Table IV) 6 45 2,399 2,450 Transfers to Depositaries 0 0 210 210 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 2,100 Withdrawals: Treasury Initiated 0 0 911 912 Depositary Initiated 1 11 1,082 1,094 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 3,500 Repo Investment 0 0 0 1,300 Closing Balance Today 27 276 2,428 42,855 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday August 14, 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 $ 6 $ 1,548 $ 247,960 Business 275 1,291 38,318 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.