1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday September 24, 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 $ 4,013 $ 4,771 $ 4,579 $ 5,451 Tax and Loan Note Accounts (Table V) 88,440 78,316 4,866 46,676 Total Operating Balance 92,453 83,088 9,445 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday September 24, 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) 18 324 4,370 Commodity Credit Corporation programs 40 701 14,134 Customs and Certain Excise Taxes 151 1,541 32,754 Deposits by States: Supplemental Security Income 3 6 4,227 Unemployment 13 167 34,107 Education Department programs 42 902 17,467 Energy Department programs 59 403 7,086 Estate and Gift Taxes 61 1,697 26,319 Federal Reserve Earnings 0 2,206 31,514 Foreign Deposits, Military Sales 106 1,145 13,465 FTD's Received (Table IV) 1,705 45,800 565,027 Housing and Urban Development programs 50 411 7,198 Individual Income and Employment Taxes, Not Withheld 7,641 54,379 459,493 Interest recd from T&L Depositaries 1 27 1,139 Justice Department programs 9 181 5,039 Postal Service 380 6,314 100,549 Public Debt Cash Issues (Table III-B) 136 228,639 4,475,229 Other Deposits: Air Transport Security Fees 2 9 2,393 Corps of Engineers 67 118 1,506 Defense Finance & Accounting Service 50 489 8,310 Thrift Savings Plan Transfer 86 1,288 14,494 Total Other Deposits 206 1,860 52,175 Change in Balance of Uncollected Funds (closing balance $ 46) 144 97 96 Transfers from Depositaries 7,457 198,488 2,986,513 Total Federal Reserve Account 18,221 545,289 8,837,900 Tax and Loan Note Accounts: FTD's Received (Table IV) 7,849 143,977 1,557,732 Transfers from Federal Reserve Account (Table V) 9,731 138,083 1,470,544 Total Tax and Loan Note Accounts (Table V) 17,580 282,061 3,028,276 Total Deposits (excluding transfers) 18,613 490,779 7,409,119 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday September 24, 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 99 962 24,602 Defense Vendor Payments (EFT) 1,668 20,802 303,570 Education Department programs 869 6,070 87,591 Energy Department programs 134 1,695 26,676 Federal Employees Insurance Payments 126 3,183 52,297 Fed. Highway Administration programs 92 2,272 32,866 Federal Salaries (EFT) 1,423 11,061 151,283 Food and Nutrition Service (misc) 151 1,950 32,422 Food Stamps 92 1,400 19,905 GSA programs 48 1,010 15,547 Health and Human Services Grants (misc) 228 3,933 72,286 Housing and Urban Development programs 142 3,869 53,456 Interest on Treasury Securities 2 1,844 165,595 Justice Department programs 40 765 12,742 Labor Dept. prgms (excl. unemployment) 56 596 12,410 Medicaid 704 11,451 185,097 Medicare 1,073 17,326 423,022 NASA programs 122 1,102 13,186 Postal Service Money Orders and Other 335 2,927 49,489 Public Debt Cash Redemp. (Table III-B) 184 263,007 4,327,611 Social Security Benefits (EFT) 48 12,352 454,025 Temporary Assistance for Needy Families (HHS) 84 809 16,106 Unemployment Insurance Benefits 116 1,793 31,754 Veterans Affairs programs 142 1,588 24,338 Other Withdrawals: Agency for Internat'l Development 62 498 8,969 Interior 83 846 11,703 Interior: Office of Territories 106 106 323 Transportation Security Admin. (DHS) 8 99 2,113 U.S. District Courts (net) -50 -354 -2,186 Unclassified 1,061 18,616 329,596 Total, Other Withdrawals 1,269 34,004 780,917 Transfers to Depositaries 9,731 138,083 1,470,544 Total Federal Reserve Account 18,979 545,855 8,839,338 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 7,457 198,488 2,986,513 Total Withdrawals (excluding transfers) 9,248 407,772 7,368,794 Net Change in Operating Cash Balance 9,365 83,007 40,326 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday September 24, 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 -2 210,103 3,375,958 Cash Management Series 0 7,000 259,003 Notes 0 7,998 685,970 Bonds 0 0 46,918 Inflation-Protected Securities Increment -11 -61 10,905 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 13 176 3,576 Interest Increment 0 575 7,223 Government Account Series 136,495 2,055,435 33,548,142 Domestic Series 0 0 241 Foreign Series 0 0 500 State and Local Series 74 4,281 132,332 Other 52 1,322 18,353 Total Issues 136,620 2,286,829 38,089,121 (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 56 915 17,192 Government Account Series 134,063 2,035,775 33,274,787 Domestic Series 0 0 241 Foreign Series 0 0 500 State and Local Series 74 5,781 76,076 Other 53 1,220 17,957 Total Redemptions 134,247 2,298,781 37,602,399 Net Change in Public Debt Outstanding 2,373 -11,953 486,722 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday September 24, 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) 136,620 2,286,829 38,089,121 Premium on New Issues 0 162 361 Discount on New Issues: Bills (-) 0 2,403 45,767 Bonds and Notes (-) 0 0 2,821 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 136,495 2,055,435 33,548,142 Interest Increment on United States Savings Securities (-) 0 575 7,223 Inflation-Protected Securities Increment -11 -61 10,299 Total Public Debt Cash Issues Deposited in Federal Reserve Account 136 228,639 4,475,229 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 134,247 2,298,781 37,602,399 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 (-) 134,063 2,035,775 33,274,787 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 184 263,007 4,327,611 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday September 24, 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/ $ 5,066,560 $ 5,066,524 $ 5,096,938 $ 4,843,121 Intragovernmental Holdings 3,927,135 3,924,799 3,908,710 3,663,853 Total Public Debt Outstanding 8,993,696 8,991,323 9,005,649 8,506,974 Less: Debt Not Subject to Limit: Other Debt 502 502 503 506 Unamortized Discount 71,863 72,249 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 8,907,397 8,904,638 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 $3,23 2 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Monday September 24, 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 $ 10,946 $ 110,972 $ 1,706,124 Individual Income Taxes 14 2,317 17,244 Railroad Retirement Taxes 2/ -204 294 4,718 Excise Taxes 56 3,415 63,598 Corporation Income Taxes 242 75,986 383,874 Federal Unemployment Taxes 3 45 7,607 Estate and Gift Taxes & Misc IRS Rcpts. 1 62 820 Change in Balance of Unclassified Taxes -438 801 669 Total 10,619 193,893 2,184,654 These Receipts were deposited in: Federal Reserve Account: Directly 165 2,900 42,765 Collector Depositaries 1,540 42,900 522,262 Tax and Loan Accounts 7,849 143,977 1,557,732 Inter-agency Transfers 1,064 4,116 61,895 2/Reported as a negative amount due to a return/reversal of $233 million. TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 57 $ 632 $ 3,252 $ 78,316 Deposits: Taxes Received (Table IV) 4 39 7,805 7,849 Transfers to Depositaries 0 1 4,505 4,506 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 2,025 Repo Investment 0 0 0 3,200 Withdrawals: Treasury Initiated 0 0 0 0 Depositary Initiated 2 28 4,527 4,557 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 2,900 Closing Balance Today 59 644 11,037 88,440 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday September 24, 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 $ 1,972 $ 252,249 Business 41 1,898 42,054 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.