1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday August 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 $ 4,579 $ 5,195 $ 5,126 $ 5,451 Tax and Loan Note Accounts (Table V) 4,866 14,038 42,215 46,676 Total Operating Balance 9,445 19,233 47,341 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday August 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) 12 340 4,046 Commodity Credit Corporation programs 80 1,066 13,432 Customs and Certain Excise Taxes 82 3,191 31,213 Deposits by States: Supplemental Security Income 0 393 4,221 Unemployment 18 4,980 33,939 Education Department programs 97 1,655 16,565 Energy Department programs 46 737 6,683 Estate and Gift Taxes 56 2,470 24,622 Federal Reserve Earnings 0 3,206 29,308 Foreign Deposits, Military Sales 32 1,108 12,320 FTD's Received (Table IV) 1,912 42,668 519,227 Housing and Urban Development programs 33 611 6,787 Individual Income and Employment Taxes, Not Withheld 285 6,025 405,114 Interest recd from T&L Depositaries 2 109 1,112 Justice Department programs 5 495 4,858 Postal Service 346 8,786 94,235 Public Debt Cash Issues (Table III-B) 58,287 545,046 4,246,591 Other Deposits: Air Transport Security Fees 170 207 2,385 Minerals Management Svc/Collections 389 861 9,984 Natl Railroad Retirement Inv Trust 155 171 1,391 Thrift Savings Plan Transfer 114 3,513 13,206 Total Other Deposits 828 4,996 50,315 Change in Balance of Uncollected Funds (closing balance $ 143) 73 30 -1 Transfers from Depositaries 14,326 261,264 2,788,025 Total Federal Reserve Account 76,519 889,175 8,292,611 Tax and Loan Note Accounts: FTD's Received (Table IV) 4,899 103,928 1,413,755 Transfers from Federal Reserve Account (Table V) 256 119,988 1,332,461 Total Tax and Loan Note Accounts (Table V) 5,155 223,916 2,746,215 Total Deposits (excluding transfers) 67,091 731,839 6,918,340 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday August 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 13 456 23,639 Defense Vendor Payments (EFT) 858 27,161 282,768 Education Department programs 415 9,659 81,521 Energy Department programs 270 2,484 24,982 Federal Employees Insurance Payments 223 4,914 49,113 Fed. Highway Administration programs 393 3,917 30,594 Federal Salaries (EFT) 312 12,952 140,222 Food and Nutrition Service (misc) 51 2,412 30,473 Food Stamps 36 1,634 18,506 GSA programs 16 1,271 14,537 Health and Human Services Grants (misc) 542 6,297 68,353 Housing and Urban Development programs 145 4,865 49,587 Interest on Treasury Securities 3,525 31,622 163,750 Justice Department programs 16 1,122 11,977 Labor Dept. prgms (excl. unemployment) 137 1,200 11,813 Medicaid 506 16,459 173,647 Medicare 11,455 49,370 405,697 NASA programs 55 1,332 12,084 Postal Service Money Orders and Other 377 4,205 46,562 Public Debt Cash Redemp. (Table III-B) 26,859 461,061 4,064,605 Social Security Benefits (EFT) 21,242 60,500 441,673 Temporary Assistance for Needy Families (HHS) 102 1,377 15,297 Unemployment Insurance Benefits 83 2,626 29,961 Veterans Affairs programs 112 2,052 22,750 Other Withdrawals: Federal Crop Ins. Corp. 85 443 2,050 Federal Financing Bank (net) -84 458 -1,320 Interior 60 1,209 10,857 IRS Tax Refunds Individual (EFT) 168 938 162,610 Military Active Duty Pay (EFT) 3,375 9,175 61,781 Pension Benefit Guaranty Corp. 352 352 3,795 Supple. Security Income Benefits (EFT) 1,970 3,930 21,172 Transportation Security Admin. (DHS) 20 219 2,015 Veterans Benefits (EFT) 2,536 5,055 27,098 Unclassified 652 23,540 310,979 Total, Other Withdrawals 9,136 58,786 746,913 Transfers to Depositaries 256 119,988 1,332,461 Total Federal Reserve Account 77,135 889,722 8,293,482 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 14,326 261,264 2,788,025 Total Withdrawals (excluding transfers) 76,879 769,735 6,961,022 Net Change in Operating Cash Balance -9,787 -37,895 -42,682 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday August 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 -1 413,510 3,165,855 Cash Management Series 20,000 56,001 252,003 Notes 38,376 58,374 677,972 Bonds 0 13,846 46,918 Inflation-Protected Securities Increment 29 953 10,966 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 13 235 3,399 Interest Increment 0 604 6,647 Government Account Series 154,825 3,157,130 31,492,707 Domestic Series 0 0 241 Foreign Series 0 0 500 State and Local Series 26 6,789 128,051 Other 53 1,744 17,032 Total Issues 213,322 3,709,186 35,802,292 (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 0 347,512 3,315,321 Notes 26,671 102,393 641,186 Bonds 0 1 4,047 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 48 1,507 16,277 Government Account Series 170,435 3,174,914 31,239,013 Domestic Series 0 0 241 Foreign Series 0 0 500 State and Local Series 82 7,898 70,296 Other 58 1,750 16,737 Total Redemptions 197,294 3,635,976 35,303,617 Net Change in Public Debt Outstanding 16,027 73,210 498,675 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday August 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) 213,322 3,709,186 35,802,292 Premium on New Issues 0 0 199 Discount on New Issues: Bills (-) 42 5,025 43,364 Bonds and Notes (-) 137 429 2,821 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 154,825 3,157,130 31,492,707 Interest Increment on United States Savings Securities (-) 0 604 6,647 Inflation-Protected Securities Increment 29 953 10,360 Total Public Debt Cash Issues Deposited in Federal Reserve Account 58,287 545,046 4,246,591 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 197,294 3,635,976 35,303,617 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 (-) 170,435 3,174,914 31,239,013 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 26,859 461,061 4,064,605 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday August 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 $ 5,096,938 $ 5,065,356 $ 5,003,717 $ 4,843,121 Intragovernmental Holdings 3,908,710 3,924,266 3,928,722 3,663,853 Total Public Debt Outstanding 9,005,649 8,989,621 8,932,438 8,506,974 Less: Debt Not Subject to Limit: Other Debt 503 503 503 506 Unamortized Discount 72,721 73,525 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 8,918,493 8,901,661 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 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 $ 6,585 $ 140,381 $ 1,595,152 Individual Income Taxes 10 171 14,926 Railroad Retirement Taxes 63 426 4,424 Excise Taxes 86 5,980 60,183 Corporation Income Taxes 85 5,430 307,888 Federal Unemployment Taxes 2 139 7,562 Estate and Gift Taxes & Misc IRS Rcpts. 2 70 758 Change in Balance of Unclassified Taxes 16 -121 -132 Total 6,849 152,475 1,990,761 These Receipts were deposited in: Federal Reserve Account: Directly 153 3,637 39,864 Collector Depositaries 1,759 39,031 479,363 Tax and Loan Accounts 4,899 103,928 1,413,755 Inter-agency Transfers 38 5,879 57,779 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 51 $ 415 $ 8,072 $ 14,038 Deposits: Taxes Received (Table IV) 8 79 4,813 4,899 Transfers to Depositaries 0 0 256 256 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 9,572 9,572 Depositary Initiated 3 35 1,717 1,755 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 3,000 Repo Investment 0 0 0 0 Closing Balance Today 56 459 1,852 4,866 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday August 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 $ 717 1/$ 3,866 1/$ 250,277 Business 59 3,129 40,157 1/Does not include $26 million offset by FMS for the month of August 2007, an d $3,078 million for the fiscal year-to-date for Treasury Offset Program ag ainst 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.