1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday September 21, 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 $ 4,771 $ 5,317 $ 4,579 $ 5,451 Tax and Loan Note Accounts (Table V) 78,316 72,697 4,866 46,676 Total Operating Balance 83,088 78,014 9,445 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday September 21, 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) 55 307 4,352 Commodity Credit Corporation programs 35 661 14,093 Customs and Certain Excise Taxes 111 1,390 32,603 Deposits by States: Supplemental Security Income 0 4 4,224 Unemployment 15 155 34,094 Education Department programs 74 861 17,425 Energy Department programs 66 344 7,027 Estate and Gift Taxes 62 1,636 26,258 Federal Reserve Earnings 0 2,206 31,514 Foreign Deposits, Military Sales 38 1,039 13,359 FTD's Received (Table IV) 1,396 44,094 563,321 Housing and Urban Development programs 20 362 7,149 Individual Income and Employment Taxes, Not Withheld 7,392 46,738 451,852 Interest recd from T&L Depositaries 1 26 1,138 Justice Department programs 4 172 5,030 Postal Service 339 5,934 100,169 Public Debt Cash Issues (Table III-B) 84 228,503 4,475,093 Other Deposits: Thrift Savings Plan Transfer 482 1,202 14,408 Total Other Deposits 482 1,654 51,970 Change in Balance of Uncollected Funds (closing balance $ 190) 4 -47 -48 Transfers from Depositaries 8,391 191,031 2,979,056 Total Federal Reserve Account 18,569 527,068 8,819,679 Tax and Loan Note Accounts: FTD's Received (Table IV) 4,337 136,128 1,549,883 Transfers from Federal Reserve Account (Table V) 9,674 128,353 1,460,813 Total Tax and Loan Note Accounts (Table V) 14,011 264,481 3,010,696 Total Deposits (excluding transfers) 14,515 472,166 7,390,506 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday September 21, 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 64 863 24,502 Defense Vendor Payments (EFT) 1,570 19,134 301,902 Education Department programs 299 5,201 86,722 Energy Department programs 154 1,561 26,542 Federal Employees Insurance Payments 163 3,058 52,171 Fed. Highway Administration programs 225 2,180 32,775 Federal Salaries (EFT) 2,709 9,638 149,860 Food and Nutrition Service (misc) 83 1,798 32,271 Food Stamps 43 1,307 19,813 GSA programs 16 962 15,498 Health and Human Services Grants (misc) 351 3,706 72,059 Housing and Urban Development programs 97 3,727 53,314 Interest on Treasury Securities 2 1,842 165,593 Justice Department programs 56 725 12,702 Labor Dept. prgms (excl. unemployment) 45 541 12,354 Medicaid 232 10,747 184,393 Medicare 1,342 16,252 421,949 NASA programs 50 979 13,064 Postal Service Money Orders and Other 151 2,592 49,154 Public Debt Cash Redemp. (Table III-B) 111 262,823 4,327,428 Social Security Benefits (EFT) 39 12,304 453,977 Temporary Assistance for Needy Families (HHS) 38 726 16,023 Unemployment Insurance Benefits 79 1,677 31,638 Veterans Affairs programs 135 1,446 24,195 Other Withdrawals: Centers for Disease Control 62 62 295 Interior 59 763 11,620 IRS Tax Refunds Individual (EFT) 176 487 163,098 Transportation Security Admin. (DHS) 5 91 2,105 Unclassified 1,088 17,555 328,535 Total, Other Withdrawals 1,389 32,735 779,648 Transfers to Depositaries 9,674 128,353 1,460,813 Total Federal Reserve Account 19,114 526,876 8,820,359 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 8,391 191,031 2,979,056 Total Withdrawals (excluding transfers) 9,441 398,524 7,359,546 Net Change in Operating Cash Balance 5,074 73,642 30,961 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday September 21, 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 0 210,105 3,375,959 Cash Management Series 0 7,000 259,003 Notes 0 7,998 685,970 Bonds 0 0 46,918 Inflation-Protected Securities Increment -4 -50 10,916 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 12 164 3,563 Interest Increment 0 575 7,222 Government Account Series 135,393 1,918,940 33,411,648 Domestic Series 0 0 241 Foreign Series 0 0 500 State and Local Series 17 4,208 132,258 Other 56 1,270 18,302 Total Issues 135,473 2,150,209 37,952,501 (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 0 255,090 3,570,411 Notes 0 0 641,186 Bonds 0 0 4,047 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 43 858 17,136 Government Account Series 133,991 1,901,711 33,140,724 Domestic Series 0 0 241 Foreign Series 0 0 500 State and Local Series 8 5,707 76,002 Other 61 1,168 17,904 Total Redemptions 134,103 2,164,534 37,468,152 Net Change in Public Debt Outstanding 1,370 -14,326 484,349 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday September 21, 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) 135,473 2,150,209 37,952,501 Premium on New Issues 0 162 361 Discount on New Issues: Bills (-) 0 2,403 45,768 Bonds and Notes (-) 0 0 2,821 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 135,393 1,918,940 33,411,648 Interest Increment on United States Savings Securities (-) 0 575 7,222 Inflation-Protected Securities Increment -4 -50 10,310 Total Public Debt Cash Issues Deposited in Federal Reserve Account 84 228,503 4,475,093 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 134,103 2,164,534 37,468,152 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 (-) 133,991 1,901,711 33,140,724 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 111 262,823 4,327,428 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday September 21, 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/ $ 5,066,524 $ 5,065,947 $ 5,096,938 $ 4,843,121 Intragovernmental Holdings 3,924,799 3,924,006 3,908,710 3,663,853 Total Public Debt Outstanding 8,991,323 8,989,953 9,005,649 8,506,974 Less: Debt Not Subject to Limit: Other Debt 502 502 503 506 Unamortized Discount 72,249 72,379 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 8,904,638 8,903,138 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 $2,92 9 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Friday September 21, 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 $ 6,255 $ 100,026 $ 1,695,178 Individual Income Taxes 10 2,304 17,230 Railroad Retirement Taxes 11 499 4,922 Excise Taxes 29 3,360 63,542 Corporation Income Taxes 233 75,744 383,632 Federal Unemployment Taxes 3 42 7,605 Estate and Gift Taxes & Misc IRS Rcpts. 1 61 819 Change in Balance of Unclassified Taxes -452 1,239 1,107 Total 6,090 183,275 2,174,035 These Receipts were deposited in: Federal Reserve Account: Directly 137 2,735 42,600 Collector Depositaries 1,259 41,359 520,722 Tax and Loan Accounts 4,337 136,128 1,549,883 Inter-agency Transfers 349 3,052 60,831 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 54 $ 612 $ 3,256 $ 72,697 Deposits: Taxes Received (Table IV) 5 57 4,275 4,337 Transfers to Depositaries 0 0 74 74 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 6,700 Repo Investment 0 0 0 2,900 Withdrawals: Treasury Initiated 0 0 2,770 2,770 Depositary Initiated 3 37 1,582 1,621 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 4,000 Closing Balance Today 57 632 3,252 78,316 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday September 21, 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 $ 592 $ 1,968 $ 252,246 Business 24 1,857 42,013 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.