1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday September 20, 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 $ 5,317 $ 4,455 $ 4,579 $ 5,451 Tax and Loan Note Accounts (Table V) 72,697 89,158 4,866 46,676 Total Operating Balance 78,014 93,614 9,445 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday September 20, 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) 12 252 4,298 Commodity Credit Corporation programs 62 626 14,058 Customs and Certain Excise Taxes 124 1,279 32,492 Deposits by States: Supplemental Security Income 0 3 4,224 Unemployment 10 140 34,079 Education Department programs 43 787 17,352 Energy Department programs 52 278 6,961 Estate and Gift Taxes 134 1,574 26,197 Federal Reserve Earnings 0 2,206 31,514 Foreign Deposits, Military Sales 34 1,001 13,320 FTD's Received (Table IV) 633 42,699 561,925 Housing and Urban Development programs 29 342 7,129 Individual Income and Employment Taxes, Not Withheld 5,972 39,346 444,460 Interest recd from T&L Depositaries 13 26 1,137 Justice Department programs 22 167 5,025 Postal Service 342 5,595 99,829 Public Debt Cash Issues (Table III-B) 59,252 228,419 4,475,009 Other Deposits: Air Transport Security Fees 1 6 2,391 Federal Communications Commission 66 275 14,349 Minerals Management Svc/Collections 172 210 10,194 Total Other Deposits 239 1,172 51,488 Change in Balance of Uncollected Funds (closing balance $ 194) 67 -51 -52 Transfers from Depositaries 29,712 182,639 2,970,664 Total Federal Reserve Account 96,751 508,500 8,801,110 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,486 131,791 1,545,546 Transfers from Federal Reserve Account (Table V) 11,765 118,679 1,451,139 Total Tax and Loan Note Accounts (Table V) 13,250 250,470 2,996,685 Total Deposits (excluding transfers) 68,524 457,651 7,375,992 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday September 20, 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 94 799 24,438 Defense Vendor Payments (EFT) 1,570 17,564 300,332 Education Department programs 529 4,901 86,423 Energy Department programs 163 1,407 26,389 Federal Employees Insurance Payments 167 2,895 52,009 Fed. Highway Administration programs 88 1,955 32,550 Federal Salaries (EFT) 272 6,929 147,151 Food and Nutrition Service (misc) 89 1,715 32,188 Food Stamps 53 1,265 19,770 GSA programs 81 946 15,483 Health and Human Services Grants (misc) 252 3,355 71,708 Housing and Urban Development programs 149 3,631 53,218 Interest on Treasury Securities 2 1,841 165,591 Justice Department programs 29 669 12,646 Labor Dept. prgms (excl. unemployment) 41 495 12,308 Medicaid 1,101 10,515 184,161 Medicare 1,172 14,910 420,607 NASA programs 64 930 13,014 Postal Service Money Orders and Other 163 2,441 49,003 Public Debt Cash Redemp. (Table III-B) 76,754 262,712 4,327,316 Social Security Benefits (EFT) 39 12,265 453,938 Temporary Assistance for Needy Families (HHS) 70 688 15,985 Unemployment Insurance Benefits 97 1,598 31,559 Veterans Affairs programs 111 1,310 24,060 Other Withdrawals: Federal Transit Admin. 64 1,027 4,075 Interior 82 704 11,561 IRS Tax Refunds Business (EFT) 71 505 15,132 Thrift Savings Plan Transfer 115 1,329 22,130 Transportation Security Admin. (DHS) 1 86 2,101 Unclassified 641 16,467 327,447 Total, Other Withdrawals 974 31,346 778,259 Transfers to Depositaries 11,765 118,679 1,451,139 Total Federal Reserve Account 95,889 507,762 8,801,244 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 29,712 182,639 2,970,664 Total Withdrawals (excluding transfers) 84,124 389,083 7,350,105 Net Change in Operating Cash Balance -15,600 68,568 25,887 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday September 20, 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 59,412 210,105 3,375,960 Cash Management Series 0 7,000 259,003 Notes 0 7,998 685,970 Bonds 0 0 46,918 Inflation-Protected Securities Increment -4 -46 10,920 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 10 152 3,551 Interest Increment 0 575 7,222 Government Account Series 139,829 1,783,548 33,276,255 Domestic Series 0 0 241 Foreign Series 0 0 500 State and Local Series 349 4,191 132,242 Other 165 1,214 18,245 Total Issues 199,761 2,014,736 37,817,028 (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 76,408 255,090 3,570,411 Notes 0 0 641,186 Bonds 0 0 4,047 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 45 816 17,093 Government Account Series 139,603 1,767,720 33,006,733 Domestic Series 0 0 241 Foreign Series 0 0 500 State and Local Series 109 5,699 75,994 Other 191 1,107 17,844 Total Redemptions 216,356 2,030,432 37,334,049 Net Change in Public Debt Outstanding -16,596 -15,696 482,979 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday September 20, 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) 199,761 2,014,736 37,817,028 Premium on New Issues 0 162 361 Discount on New Issues: Bills (-) 684 2,403 45,768 Bonds and Notes (-) 0 0 2,821 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 139,829 1,783,548 33,276,255 Interest Increment on United States Savings Securities (-) 0 575 7,222 Inflation-Protected Securities Increment -4 -46 10,314 Total Public Debt Cash Issues Deposited in Federal Reserve Account 59,252 228,419 4,475,009 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 216,356 2,030,432 37,334,049 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 (-) 139,603 1,767,720 33,006,733 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 76,754 262,712 4,327,316 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday September 20, 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/ $ 5,065,947 $ 5,082,767 $ 5,096,938 $ 4,843,121 Intragovernmental Holdings 3,924,006 3,923,781 3,908,710 3,663,853 Total Public Debt Outstanding 8,989,953 9,006,548 9,005,649 8,506,974 Less: Debt Not Subject to Limit: Other Debt 502 502 503 506 Unamortized Discount 72,379 71,833 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 8,903,138 8,920,280 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 $4,03 2 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Thursday September 20, 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 $ 93,771 $ 1,688,923 Individual Income Taxes 22 2,293 17,219 Railroad Retirement Taxes 5 488 4,912 Excise Taxes 23 3,331 63,513 Corporation Income Taxes 225 75,511 383,399 Federal Unemployment Taxes 2 39 7,601 Estate and Gift Taxes & Misc IRS Rcpts. 1 61 818 Change in Balance of Unclassified Taxes -214 1,691 1,559 Total 2,114 177,184 2,167,945 These Receipts were deposited in: Federal Reserve Account: Directly 119 2,599 42,463 Collector Depositaries 514 40,100 519,462 Tax and Loan Accounts 1,486 131,791 1,545,546 Inter-agency Transfers 5 2,703 60,483 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 52 $ 605 $ 20,865 $ 89,158 Deposits: Taxes Received (Table IV) 3 25 1,457 1,486 Transfers to Depositaries 0 0 1,314 1,315 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 6,450 Repo Investment 0 0 0 4,000 Withdrawals: Treasury Initiated 0 0 20,130 20,130 Depositary Initiated 1 18 250 270 Special Direct Investment 0 0 0 9,312 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 54 612 3,256 72,697 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday September 20, 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 $ 4 $ 1,377 $ 251,654 Business 92 1,833 41,990 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.