1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday August 24, 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 $ 5,096 $ 5,448 $ 5,126 $ 5,451 Tax and Loan Note Accounts (Table V) 8,173 10,363 42,215 46,676 Total Operating Balance 13,269 15,811 47,341 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday August 24, 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) 14 261 3,967 Commodity Credit Corporation programs 59 817 13,183 Customs and Certain Excise Taxes 80 2,698 30,721 Deposits by States: Supplemental Security Income 0 13 3,841 Unemployment 28 4,860 33,819 Education Department programs 51 1,305 16,215 Energy Department programs 15 552 6,498 Estate and Gift Taxes 52 2,019 24,171 Federal Reserve Earnings 0 2,449 28,551 Foreign Deposits, Military Sales 76 996 12,208 FTD's Received (Table IV) 1,167 34,096 510,655 Housing and Urban Development programs 20 459 6,635 Individual Income and Employment Taxes, Not Withheld 224 4,526 403,615 Interest recd from T&L Depositaries 0 100 1,103 Justice Department programs 9 276 4,640 Postal Service 314 6,923 92,372 Public Debt Cash Issues (Table III-B) 120 401,664 4,103,209 Other Deposits: Air Transport Security Fees 1 12 2,189 Total Other Deposits 1 3,761 49,080 Change in Balance of Uncollected Funds (closing balance $ 104) 172 69 38 Transfers from Depositaries 6,148 225,038 2,751,799 Total Federal Reserve Account 8,549 692,883 8,096,319 Tax and Loan Note Accounts: FTD's Received (Table IV) 3,946 84,537 1,394,364 Transfers from Federal Reserve Account (Table V) 12 106,459 1,318,932 Total Tax and Loan Note Accounts (Table V) 3,958 190,996 2,713,295 Total Deposits (excluding transfers) 6,346 552,382 6,738,883 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday August 24, 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 10 344 23,527 Defense Vendor Payments (EFT) 956 20,274 275,882 Education Department programs 328 7,206 79,068 Energy Department programs 174 1,768 24,265 Federal Employees Insurance Payments 337 3,984 48,183 Fed. Highway Administration programs 81 2,878 29,556 Federal Salaries (EFT) 2,564 10,169 137,438 Food and Nutrition Service (misc) 63 2,054 30,115 Food Stamps 34 1,440 18,312 GSA programs 11 1,068 14,334 Health and Human Services Grants (misc) 273 4,357 66,413 Housing and Urban Development programs 85 4,221 48,942 Interest on Treasury Securities 2 28,082 160,210 Justice Department programs 44 900 11,755 Labor Dept. prgms (excl. unemployment) 72 854 11,467 Medicaid 261 12,115 169,303 Medicare 1,322 33,255 389,582 NASA programs 72 984 11,736 Postal Service Money Orders and Other 140 3,089 45,446 Public Debt Cash Redemp. (Table III-B) 143 358,587 3,962,131 Social Security Benefits (EFT) 13 39,198 420,370 Temporary Assistance for Needy Families (HHS) 30 1,138 15,058 Unemployment Insurance Benefits 83 2,063 29,397 Veterans Affairs programs 73 1,547 22,244 Other Withdrawals: Emergency Prep & Response (DHS) 79 693 8,750 Federal Aviation Administration 72 647 6,909 Federal Crop Ins. Corp. 144 144 1,751 Federal Transit Admin. 64 987 2,778 Interior 66 967 10,615 Interntl Security Assistance (DSCA) 100 260 4,065 IRS Tax Refunds Individual (EFT) 202 768 162,440 Thrift Savings Plan Transfer 273 1,885 20,250 Transportation Security Admin. (DHS) 3 151 1,946 Unclassified 713 19,774 307,213 Total, Other Withdrawals 1,716 44,879 733,006 Transfers to Depositaries 12 106,459 1,318,932 Total Federal Reserve Account 8,900 692,913 8,096,673 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 6,148 225,038 2,751,799 Total Withdrawals (excluding transfers) 8,889 586,454 6,777,741 Net Change in Operating Cash Balance -2,542 -34,072 -38,858 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday August 24, 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 0 328,601 3,080,946 Cash Management Series 0 36,000 232,003 Notes 0 19,999 639,597 Bonds 0 13,846 46,918 Inflation-Protected Securities Increment 29 753 10,766 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 13 188 3,352 Interest Increment 0 603 6,646 Government Account Series 139,558 2,441,560 30,777,138 Domestic Series 0 0 241 Foreign Series 0 0 500 State and Local Series 51 5,880 127,142 Other 56 1,371 16,659 Total Issues 139,707 2,848,802 34,941,908 (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 0 272,604 3,240,414 Notes 0 75,721 614,514 Bonds 0 1 4,047 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 51 1,227 15,996 Government Account Series 139,097 2,442,010 30,506,109 Domestic Series 0 0 241 Foreign Series 0 0 500 State and Local Series 34 7,666 70,064 Other 59 1,368 16,354 Total Redemptions 139,240 2,800,597 34,468,239 Net Change in Public Debt Outstanding 467 48,204 473,669 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday August 24, 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) 139,707 2,848,802 34,941,908 Premium on New Issues 0 0 199 Discount on New Issues: Bills (-) 0 3,930 42,269 Bonds and Notes (-) 0 292 2,684 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 139,558 2,441,560 30,777,138 Interest Increment on United States Savings Securities (-) 0 603 6,646 Inflation-Protected Securities Increment 29 753 10,160 Total Public Debt Cash Issues Deposited in Federal Reserve Account 120 401,664 4,103,209 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 139,240 2,800,597 34,468,239 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 (-) 139,097 2,442,010 30,506,109 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 143 358,587 3,962,131 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday August 24, 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 $ 5,054,957 $ 5,055,033 $ 5,003,717 $ 4,843,121 Intragovernmental Holdings 3,925,686 3,925,142 3,928,722 3,663,853 Total Public Debt Outstanding 8,980,643 8,980,176 8,932,438 8,506,974 Less: Debt Not Subject to Limit: Other Debt 503 503 503 506 Unamortized Discount 73,776 73,911 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 8,892,432 8,891,829 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 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Friday August 24, 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 $ 5,487 $ 113,847 $ 1,568,618 Individual Income Taxes -94 129 14,884 Railroad Retirement Taxes 7 292 4,290 Excise Taxes 153 3,306 57,509 Corporation Income Taxes 47 5,157 307,615 Federal Unemployment Taxes 3 128 7,552 Estate and Gift Taxes & Misc IRS Rcpts. 3 60 747 Change in Balance of Unclassified Taxes -121 32 22 Total 5,484 122,952 1,961,238 These Receipts were deposited in: Federal Reserve Account: Directly 58 2,557 38,784 Collector Depositaries 1,108 31,539 471,871 Tax and Loan Accounts 3,946 84,537 1,394,364 Inter-agency Transfers 372 4,319 56,219 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 28 $ 140 $ 5,195 $ 10,363 Deposits: Taxes Received (Table IV) 4 48 3,894 3,946 Transfers to Depositaries 0 0 12 12 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 4,662 4,662 Depositary Initiated 2 12 1,473 1,486 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 30 176 2,966 8,173 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday August 24, 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 $ 792 $ 3,126 $ 249,537 Business 105 2,366 39,394 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.