1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday September 12, 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 $ 5,188 $ 5,142 $ 4,579 $ 5,451 Tax and Loan Note Accounts (Table V) 3,480 4,621 4,866 46,676 Total Operating Balance 8,668 9,762 9,445 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday September 12, 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) 9 146 4,192 Commodity Credit Corporation programs 52 383 13,815 Customs and Certain Excise Taxes 99 623 31,836 Deposits by States: Supplemental Security Income 0 3 4,224 Unemployment 10 93 34,032 Education Department programs 43 452 17,017 Energy Department programs 15 135 6,818 Estate and Gift Taxes 71 603 25,225 Federal Reserve Earnings 702 1,383 30,691 Foreign Deposits, Military Sales 9 769 13,089 FTD's Received (Table IV) 3,442 15,905 535,132 Housing and Urban Development programs 17 179 6,966 Individual Income and Employment Taxes, Not Withheld 1,774 7,968 413,081 Interest recd from T&L Depositaries 0 8 1,119 Justice Department programs 15 73 4,932 Postal Service 388 3,279 97,514 Public Debt Cash Issues (Table III-B) 877 83,599 4,330,190 Other Deposits: Air Transport Security Fees 1 4 2,389 Total Other Deposits 1 451 50,766 Change in Balance of Uncollected Funds (closing balance $ 144) 37 -1 -2 Transfers from Depositaries 7,233 58,173 2,846,198 Total Federal Reserve Account 14,795 174,224 8,466,835 Tax and Loan Note Accounts: FTD's Received (Table IV) 3,980 41,556 1,455,310 Transfers from Federal Reserve Account (Table V) 2,113 15,231 1,347,691 Total Tax and Loan Note Accounts (Table V) 6,092 56,786 2,803,002 Total Deposits (excluding transfers) 11,542 157,607 7,075,948 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday September 12, 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 52 251 23,890 Defense Vendor Payments (EFT) 1,420 9,119 291,887 Education Department programs 284 2,550 84,071 Energy Department programs 77 655 25,636 Federal Employees Insurance Payments 139 1,558 50,672 Fed. Highway Administration programs 112 1,100 31,695 Federal Salaries (EFT) 208 5,215 145,437 Food and Nutrition Service (misc) 112 1,071 31,543 Food Stamps 81 737 19,243 GSA programs 36 613 15,150 Health and Human Services Grants (misc) 288 1,800 70,153 Housing and Urban Development programs 146 2,935 52,522 Interest on Treasury Securities 2 522 164,273 Justice Department programs 43 310 12,287 Labor Dept. prgms (excl. unemployment) 51 272 12,085 Medicaid 776 5,676 179,323 Medicare 1,117 8,757 414,454 NASA programs 38 397 12,481 Postal Service Money Orders and Other 136 1,420 47,982 Public Debt Cash Redemp. (Table III-B) 120 82,907 4,147,512 Social Security Benefits (EFT) 5,777 6,350 448,023 Temporary Assistance for Needy Families (HHS) 22 287 15,584 Unemployment Insurance Benefits 141 907 30,868 Veterans Affairs programs 59 775 23,524 Other Withdrawals: Agency for Internat'l Development 51 216 8,687 Federal Aviation Administration 54 257 7,292 Federal Transit Admin. 90 687 3,735 Interior 60 373 11,230 IRS Tax Refunds Business (EFT) 55 335 14,962 State Department 84 84 3,191 Thrift Savings Plan Transfer 157 924 21,726 Transportation Security Admin. (DHS) 8 55 2,070 Unclassified 842 11,129 322,109 Total, Other Withdrawals 1,400 22,199 769,112 Transfers to Depositaries 2,113 15,231 1,347,691 Total Federal Reserve Account 14,749 173,615 8,467,098 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 7,233 58,173 2,846,198 Total Withdrawals (excluding transfers) 12,636 158,385 7,119,407 Net Change in Operating Cash Balance -1,094 -777 -43,459 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday September 12, 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 -15 10,952 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 8 103 3,502 Interest Increment 0 573 7,220 Government Account Series 133,216 958,141 32,450,848 Domestic Series 0 0 241 Foreign Series 0 0 500 State and Local Series 822 2,990 131,041 Other 47 452 17,484 Total Issues 134,089 1,043,250 36,845,542 (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 57 479 16,756 Government Account Series 138,117 954,543 32,193,556 Domestic Series 0 0 241 Foreign Series 0 0 500 State and Local Series 16 4,969 75,265 Other 47 452 17,189 Total Redemptions 138,237 1,037,451 36,341,068 Net Change in Public Debt Outstanding -4,148 5,799 504,474 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday September 12, 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) 134,089 1,043,250 36,845,542 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 (-) 133,216 958,141 32,450,848 Interest Increment on United States Savings Securities (-) 0 573 7,220 Inflation-Protected Securities Increment -4 -15 10,346 Total Public Debt Cash Issues Deposited in Federal Reserve Account 877 83,599 4,330,190 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 138,237 1,037,451 36,341,068 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 (-) 138,117 954,543 32,193,556 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 120 82,907 4,147,512 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday September 12, 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/ $ 5,099,431 $ 5,098,691 $ 5,096,938 $ 4,843,121 Intragovernmental Holdings 3,912,017 3,916,904 3,908,710 3,663,853 Total Public Debt Outstanding 9,011,448 9,015,595 9,005,649 8,506,974 Less: Debt Not Subject to Limit: Other Debt 503 503 503 506 Unamortized Discount 72,012 72,150 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 8,924,999 8,929,009 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). 1/The par value of securities held by Treasury under repurchase agreements pl us the inflation compensation, less unamortized discount on bills was $1,72 2 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Wednesday September 12, 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 $ 6,316 $ 56,394 $ 1,651,546 Individual Income Taxes 86 190 15,116 Railroad Retirement Taxes 3 136 4,560 Excise Taxes 388 869 61,052 Corporation Income Taxes 681 1,770 309,658 Federal Unemployment Taxes 3 23 7,585 Estate and Gift Taxes & Misc IRS Rcpts. 5 19 777 Change in Balance of Unclassified Taxes -37 443 311 Total 7,446 59,844 2,050,605 These Receipts were deposited in: Federal Reserve Account: Directly 211 1,149 41,014 Collector Depositaries 3,231 14,756 494,118 Tax and Loan Accounts 3,980 41,556 1,455,310 Inter-agency Transfers 24 2,383 60,163 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 12 $ 135 $ 2,073 $ 4,621 Deposits: Taxes Received (Table IV) 11 81 3,888 3,980 Transfers to Depositaries 0 2 411 413 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,700 Withdrawals: Treasury Initiated 0 0 2,893 2,893 Depositary Initiated 2 22 1,916 1,940 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 2,400 Closing Balance Today 21 196 1,563 3,480 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday September 12, 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 $ 5 $ 689 $ 250,967 Business 57 1,247 41,404 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.