1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday September 28, 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 $ 5,539 $ 4,527 $ 4,579 $ 5,451 Tax and Loan Note Accounts (Table V) 69,698 63,436 4,866 46,676 Total Operating Balance 75,237 67,963 9,445 52,127 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday September 28, 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) 204 635 4,681 Commodity Credit Corporation programs 140 971 14,403 Customs and Certain Excise Taxes 164 2,988 34,200 Deposits by States: Supplemental Security Income 366 375 4,596 Unemployment 16 222 34,161 Education Department programs 102 1,247 17,811 Energy Department programs 36 613 7,296 Estate and Gift Taxes 91 2,158 26,780 Federal Reserve Earnings 0 2,735 32,043 Foreign Deposits, Military Sales 11 1,244 13,564 FTD's Received (Table IV) 3,314 53,807 573,033 Housing and Urban Development programs 39 505 7,292 Individual Income and Employment Taxes, Not Withheld 845 64,231 469,345 Interest recd from T&L Depositaries 0 60 1,171 Justice Department programs 667 918 5,776 Postal Service 356 7,854 102,088 Public Debt Cash Issues (Table III-B) 1,196 286,107 4,532,698 Other Deposits: Air Transport Security Fees 165 193 2,578 Comptroller of the Currency-Assessment 343 343 678 Minerals Management Svc/Collections 106 506 10,489 SEC:Stock Exchange Fees 813 813 1,426 Total Other Deposits 1,427 4,015 54,331 Change in Balance of Uncollected Funds (closing balance $ 159) 41 -16 -17 Transfers from Depositaries 8,157 260,801 3,048,826 Total Federal Reserve Account 17,173 691,469 8,984,080 Tax and Loan Note Accounts: FTD's Received (Table IV) 7,130 157,567 1,571,322 Transfers from Federal Reserve Account (Table V) 7,290 168,066 1,500,526 Total Tax and Loan Note Accounts (Table V) 14,419 325,633 3,071,848 Total Deposits (excluding transfers) 16,146 588,236 7,506,576 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday September 28, 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 81 1,211 24,850 Defense Vendor Payments (EFT) 1,190 27,260 310,028 Education Department programs 420 7,982 89,503 Energy Department programs 310 2,452 27,434 Federal Employees Insurance Payments 189 4,259 53,372 Fed. Highway Administration programs 315 3,288 33,883 Federal Salaries (EFT) 126 12,662 152,884 Food and Nutrition Service (misc) 58 2,188 32,661 Food Stamps 59 1,585 20,090 GSA programs 24 1,235 15,771 Health and Human Services Grants (misc) 705 5,747 74,100 Housing and Urban Development programs 119 4,488 54,075 Interest on Treasury Securities 6 1,856 165,606 Justice Department programs 47 962 12,939 Labor Dept. prgms (excl. unemployment) 139 919 12,733 Medicaid 518 14,582 188,229 Medicare 1,296 22,898 428,595 NASA programs 0 1,548 13,632 Postal Service Money Orders and Other 336 3,743 50,305 Public Debt Cash Redemp. (Table III-B) 1,243 337,791 4,402,395 Social Security Benefits (EFT) 20 18,298 459,971 Temporary Assistance for Needy Families (HHS) 131 1,193 16,490 Unemployment Insurance Benefits 96 2,235 32,196 Veterans Affairs programs 118 1,940 24,690 Other Withdrawals: Agency for Internat'l Development 50 651 9,122 Deposit Insurance Fund (net) -136 -113 -259 Federal Financing Bank (net) 51 72 -1,248 IRS Tax Refunds Individual (EFT) 181 657 163,268 Pension Benefit Guaranty Corp. 350 350 4,145 Tennessee Valley Authority (net) -196 -196 -322 Thrift Savings Plan Transfer 430 2,489 23,291 Unclassified 596 22,042 333,022 Total, Other Withdrawals 1,326 40,122 787,035 Transfers to Depositaries 7,290 168,066 1,500,526 Total Federal Reserve Account 16,161 690,510 8,983,992 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 8,157 260,801 3,048,826 Total Withdrawals (excluding transfers) 8,871 522,444 7,483,466 Net Change in Operating Cash Balance 7,274 65,792 23,110 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday September 28, 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 0 265,085 3,430,940 Cash Management Series 0 7,000 259,003 Notes 0 7,998 685,970 Bonds 0 0 46,918 Inflation-Protected Securities Increment -4 -77 10,889 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 16 214 3,613 Interest Increment 0 576 7,224 Government Account Series 177,837 2,651,815 34,144,522 Domestic Series 0 0 241 Foreign Series 0 0 500 State and Local Series 1,107 7,009 135,060 Other 73 1,660 18,691 Total Issues 179,029 2,941,280 38,743,572 (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 0 328,071 3,643,392 Notes 0 0 641,186 Bonds 0 1 4,047 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 39 1,090 17,367 Government Account Series 143,117 2,601,484 33,840,497 Domestic Series 0 0 241 Foreign Series 0 0 500 State and Local Series 1,125 7,086 77,381 Other 79 1,543 18,280 Total Redemptions 144,360 2,939,275 38,242,892 Net Change in Public Debt Outstanding 34,669 2,005 500,679 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday September 28, 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) 179,029 2,941,280 38,743,572 Premium on New Issues 0 162 361 Discount on New Issues: Bills (-) 0 3,021 46,385 Bonds and Notes (-) 0 0 2,821 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 177,837 2,651,815 34,144,522 Interest Increment on United States Savings Securities (-) 0 576 7,224 Inflation-Protected Securities Increment -4 -77 10,283 Total Public Debt Cash Issues Deposited in Federal Reserve Account 1,196 286,107 4,532,698 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 144,360 2,939,275 38,242,892 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 (-) 143,117 2,601,484 33,840,497 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 1,243 337,791 4,402,395 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday September 28, 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 $ 5,049,306 $ 5,049,701 $ 5,096,938 $ 4,843,121 Intragovernmental Holdings 3,958,348 3,923,284 3,908,710 3,663,853 Total Public Debt Outstanding 9,007,653 8,972,984 9,005,649 8,506,974 Less: Debt Not Subject to Limit: Other Debt 502 502 503 506 Unamortized Discount 71,877 72,087 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 69 69 67 96 Total Public Debt Subject to Limit 8,921,343 8,886,464 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 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Friday September 28, 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 $ 7,112 $ 129,269 $ 1,724,421 Individual Income Taxes 16 2,366 17,292 Railroad Retirement Taxes 9 333 4,757 Excise Taxes 3,625 7,613 67,796 Corporation Income Taxes 123 77,015 384,903 Federal Unemployment Taxes 4 57 7,620 Estate and Gift Taxes & Misc IRS Rcpts. 9 74 832 Change in Balance of Unclassified Taxes -4 100 -31 Total 10,894 216,828 2,207,588 These Receipts were deposited in: Federal Reserve Account: Directly 962 4,445 44,310 Collector Depositaries 2,352 49,361 528,724 Tax and Loan Accounts 7,130 157,567 1,571,322 Inter-agency Transfers 451 5,454 63,233 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 65 $ 675 $ 2,901 $ 63,436 Deposits: Taxes Received (Table IV) 8 93 7,029 7,130 Transfers to Depositaries 0 0 2,920 2,920 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 4,370 Repo Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 2,157 2,157 Depositary Initiated 5 76 5,920 6,000 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 69 692 4,773 69,698 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday September 28, 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 $ 698 1/$ 2,673 1/$ 252,950 Business 30 2,243 42,400 1/Does not include $26 million offset by FMS for the month of September 2007, and $3,122 million for the fiscal year-to-date for Treasury Offset Program against Tax Refunds issued. 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.