1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday September 11, 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 $ 5,142 $ 3,239 $ 4,579 $ 5,451 Tax and Loan Note Accounts (Table V) 4,621 8,094 4,866 46,676 Total Operating Balance 9,762 11,333 9,445 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday September 11, 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) 16 137 4,183 Commodity Credit Corporation programs 43 331 13,763 Customs and Certain Excise Taxes 105 524 31,737 Deposits by States: Supplemental Security Income 0 3 4,224 Unemployment 14 83 34,022 Education Department programs 76 409 16,973 Energy Department programs 12 120 6,803 Estate and Gift Taxes 73 531 25,154 Federal Reserve Earnings 0 682 29,989 Foreign Deposits, Military Sales 9 760 13,080 FTD's Received (Table IV) 775 12,463 531,690 Housing and Urban Development programs 42 162 6,949 Individual Income and Employment Taxes, Not Withheld 3,051 6,193 411,307 Interest recd from T&L Depositaries 1 7 1,119 Justice Department programs 18 59 4,917 Postal Service 507 2,891 97,126 Public Debt Cash Issues (Table III-B) 143 82,722 4,329,313 Other Deposits: Air Transport Security Fees 1 3 2,388 Total Other Deposits 1 449 50,765 Change in Balance of Uncollected Funds (closing balance $ 181) -99 -38 -39 Transfers from Depositaries 7,602 50,940 2,838,965 Total Federal Reserve Account 12,388 159,429 8,452,040 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,695 37,576 1,451,331 Transfers from Federal Reserve Account (Table V) 2,434 13,118 1,345,578 Total Tax and Loan Note Accounts (Table V) 4,129 50,694 2,796,909 Total Deposits (excluding transfers) 6,481 146,066 7,064,406 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday September 11, 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 15 199 23,838 Defense Vendor Payments (EFT) 1,810 7,699 290,467 Education Department programs 550 2,266 83,787 Energy Department programs 100 578 25,559 Federal Employees Insurance Payments 133 1,419 50,533 Fed. Highway Administration programs 109 989 31,583 Federal Salaries (EFT) 406 5,007 145,229 Food and Nutrition Service (misc) 148 959 31,432 Food Stamps 98 656 19,162 GSA programs 39 578 15,114 Health and Human Services Grants (misc) 250 1,512 69,865 Housing and Urban Development programs 99 1/ 2,789 1/ 52,376 Interest on Treasury Securities 4 520 164,271 Justice Department programs 35 267 12,244 Labor Dept. prgms (excl. unemployment) 21 221 12,034 Medicaid 824 4,900 178,547 Medicare 1,376 7,640 413,337 NASA programs 61 359 12,443 Postal Service Money Orders and Other 151 1,284 47,846 Public Debt Cash Redemp. (Table III-B) 138 82,787 4,147,391 Social Security Benefits (EFT) 49 573 442,246 Temporary Assistance for Needy Families (HHS) 74 265 15,562 Unemployment Insurance Benefits 142 765 30,726 Veterans Affairs programs 113 716 23,466 Other Withdrawals: Emergency Prep & Response (DHS) 80 285 9,182 Federal Transit Admin. 156 597 3,645 HUD: Hurricane Relief 93 296 1,614 Interior 75 313 11,170 Transportation Security Admin. (DHS) 2 47 2,062 USDA: Forest Service 78 78 2,279 Unclassified 826 10,288 321,267 Total, Other Withdrawals 1,311 20,800 767,713 Transfers to Depositaries 2,434 13,118 1,345,578 Total Federal Reserve Account 10,486 158,867 8,452,349 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 7,602 50,940 2,838,965 Total Withdrawals (excluding transfers) 8,052 145,749 7,106,771 Net Change in Operating Cash Balance -1,571 317 -42,365 1/Includes an adjustment of $93 million due to misclassification between Housing and Urban Development programs and HUD: Hurricane Relief on September 10, 2007. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday September 11, 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 81,008 3,246,863 Cash Management Series 0 0 252,003 Notes 0 -3 677,970 Bonds 0 0 46,918 Inflation-Protected Securities Increment -4 -11 10,955 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 7 95 3,494 Interest Increment 0 573 7,220 Government Account Series 138,618 824,925 32,317,633 Domestic Series 0 0 241 Foreign Series 0 0 500 State and Local Series 89 2,168 130,219 Other 48 405 17,437 Total Issues 138,758 909,160 36,711,452 (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 77,007 3,392,328 Notes 0 0 641,186 Bonds 0 0 4,047 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 63 422 16,699 Government Account Series 131,870 816,427 32,055,439 Domestic Series 0 0 241 Foreign Series 0 0 500 State and Local Series 28 4,953 75,249 Other 48 405 17,142 Total Redemptions 132,008 899,213 36,202,831 Net Change in Public Debt Outstanding 6,750 9,947 508,622 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday September 11, 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) 138,758 909,160 36,711,452 Premium on New Issues 0 0 199 Discount on New Issues: Bills (-) 0 951 44,316 Bonds and Notes (-) 0 0 2,821 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 138,618 824,925 32,317,633 Interest Increment on United States Savings Securities (-) 0 573 7,220 Inflation-Protected Securities Increment -4 -11 10,349 Total Public Debt Cash Issues Deposited in Federal Reserve Account 143 82,722 4,329,313 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 132,008 899,213 36,202,831 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 (-) 131,870 816,427 32,055,439 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 138 82,787 4,147,391 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday September 11, 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 2/ $ 5,098,691 $ 5,098,505 $ 5,096,938 $ 4,843,121 Intragovernmental Holdings 3,916,904 3,910,340 3,908,710 3,663,853 Total Public Debt Outstanding 9,015,595 9,008,846 9,005,649 8,506,974 Less: Debt Not Subject to Limit: Other Debt 503 503 503 506 Unamortized Discount 72,150 72,288 72,721 72,286 Federal Financing Bank 14,000 14,000 14,000 14,000 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 66 66 67 96 Total Public Debt Subject to Limit 8,929,009 8,922,121 8,918,493 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). 2/The par value of securities held by Treasury under repurchase agreements plus the inflation compensation, less unamortized discount on bills was $2,431 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Tuesday September 11, 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 $ 2,730 $ 50,078 $ 1,645,230 Individual Income Taxes 22 104 15,030 Railroad Retirement Taxes 26 133 4,557 Excise Taxes 54 481 60,664 Corporation Income Taxes 249 1,089 308,977 Federal Unemployment Taxes 3 19 7,582 Estate and Gift Taxes & Misc IRS Rcpts. 9 14 772 Change in Balance of Unclassified Taxes -14 480 348 Total 3,080 52,399 2,043,160 These Receipts were deposited in: Federal Reserve Account: Directly 103 938 40,803 Collector Depositaries 672 11,525 490,887 Tax and Loan Accounts 1,695 37,576 1,451,331 Inter-agency Transfers 610 2,360 60,139 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 9 $ 105 $ 3,980 $ 8,094 Deposits: Taxes Received (Table IV) 5 37 1,653 1,695 Transfers to Depositaries 0 0 34 34 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 2,400 Withdrawals: Treasury Initiated 0 0 3,177 3,177 Depositary Initiated 1 6 417 425 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 4,000 Closing Balance Today 12 135 2,073 4,621 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday September 11, 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 $ 673 $ 250,950 Business 337 1,191 41,347 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.