1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday October 11, 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 $ 5,364 $ 4,166 $ 5,539 $ 5,539 Tax and Loan Note Accounts (Table V) 3,635 12,088 69,698 69,698 Total Operating Balance 8,998 16,254 75,237 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday October 11, 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) 11 198 198 Commodity Credit Corporation programs 31 460 460 Customs and Certain Excise Taxes 88 722 722 Deposits by States: Supplemental Security Income 0 20 20 Unemployment 26 150 150 Education Department programs 43 652 652 Energy Department programs 16 189 189 Estate and Gift Taxes 129 941 941 Federal Reserve Earnings 0 1,304 1,304 Foreign Deposits, Military Sales 5 901 901 FTD's Received (Table IV) 2,650 15,785 15,785 Housing and Urban Development programs 15 199 199 Individual Income and Employment Taxes, Not Withheld 608 3,846 3,846 Interest recd from T&L Depositaries 7 136 136 Justice Department programs 18 108 108 Postal Service 417 3,808 3,808 Public Debt Cash Issues (Table III-B) 54,857 151,737 151,737 Other Deposits: Air Transport Security Fees 1 12 12 Total Other Deposits 1 2,182 2,182 Change in Balance of Uncollected Funds (closing balance $ 152) -33 7 7 Transfers from Depositaries 11,810 161,345 161,345 Total Federal Reserve Account 70,701 344,690 344,690 Tax and Loan Note Accounts: FTD's Received (Table IV) 3,356 43,520 43,520 Transfers from Federal Reserve Account (Table V) 0 51,762 51,762 Total Tax and Loan Note Accounts (Table V) 3,356 95,282 95,282 Total Deposits (excluding transfers) 62,248 226,865 226,865 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday October 11, 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 861 2,505 2,505 Defense Vendor Payments (EFT) 878 7,935 7,935 Education Department programs 299 2,334 2,334 Energy Department programs 142 804 804 Federal Employees Insurance Payments 295 1,895 1,895 Fed. Highway Administration programs 27 1,490 1,490 Federal Salaries (EFT) 648 5,614 5,614 Food and Nutrition Service (misc) 92 1,249 1,249 Food Stamps 103 786 786 GSA programs 90 666 666 Health and Human Services Grants (misc) 269 2,286 2,286 Housing and Urban Development programs 175 3,169 3,169 Interest on Treasury Securities 3 4,182 4,182 Justice Department programs 35 378 378 Labor Dept. prgms (excl. unemployment) 42 308 308 Medicaid 773 7,907 7,907 Medicare 1,159 20,480 20,480 NASA programs 102 208 208 Postal Service Money Orders and Other 190 1,728 1,728 Public Debt Cash Redemp. (Table III-B) 61,935 165,353 165,353 Social Security Benefits (EFT) 42 27,479 27,479 Temporary Assistance for Needy Families (HHS) 37 343 343 Unemployment Insurance Benefits 111 945 945 Veterans Affairs programs 60 901 901 Other Withdrawals: Thrift Savings Plan Transfer 193 1,302 1,302 Transportation Security Admin. (DHS) 1 56 56 U.S. District Courts (net) -58 -72 -72 Unclassified 1,001 10,922 10,922 Total, Other Withdrawals 1,136 32,158 32,158 Transfers to Depositaries 0 51,762 51,762 Total Federal Reserve Account 69,504 344,865 344,865 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 11,810 161,345 161,345 Total Withdrawals (excluding transfers) 69,504 293,104 293,104 Net Change in Operating Cash Balance -7,256 -66,239 -66,239 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday October 11, 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 54,736 110,317 110,317 Cash Management Series 0 0 0 Notes 0 37,861 37,861 Bonds 0 0 0 Inflation-Protected Securities Increment -27 -282 -282 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 9 110 110 Interest Increment 0 673 673 Government Account Series 136,585 1,173,155 1,173,155 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 654 4,057 4,057 Other 147 733 733 Total Issues 192,104 1,326,623 1,326,623 (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 61,730 131,320 131,320 Notes 0 26,591 26,591 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 57 492 492 Government Account Series 137,021 1,125,972 1,125,972 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 6,179 6,179 Other 149 770 770 Total Redemptions 198,956 1,291,325 1,291,325 Net Change in Public Debt Outstanding -6,852 35,298 35,298 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday October 11, 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) 192,104 1,326,623 1,326,623 Premium on New Issues 0 0 0 Discount on New Issues: Bills (-) 689 1,341 1,341 Bonds and Notes (-) 0 0 0 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 136,585 1,173,155 1,173,155 Interest Increment on United States Savings Securities (-) 0 673 673 Inflation-Protected Securities Increment -27 -282 -282 Total Public Debt Cash Issues Deposited in Federal Reserve Account 54,857 151,737 151,737 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 198,956 1,291,325 1,291,325 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 (-) 137,021 1,125,972 1,125,972 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 61,935 165,353 165,353 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday October 11, 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 $ 5,038,220 $ 5,044,808 $ 5,049,306 $ 5,049,306 Intragovernmental Holdings 4,004,731 4,004,996 3,958,348 3,958,348 Total Public Debt Outstanding 9,042,951 9,049,804 9,007,653 9,007,653 Less: Debt Not Subject to Limit: Other Debt 502 502 502 502 Unamortized Discount 71,853 71,286 71,877 71,877 Federal Financing Bank 14,000 14,000 14,000 14,000 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 69 69 69 69 Total Public Debt Subject to Limit 8,956,666 8,964,084 8,921,343 8,921,343 Statutory Debt Limit 9,815,000 9,815,000 9,815,000 9,815,000 Act of September 29, 2007, permanently increased the statutory debt limit to $9,815 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 Thursday October 11, 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 $ 5,740 $ 60,128 $ 60,128 Individual Income Taxes 12 95 95 Railroad Retirement Taxes 24 171 171 Excise Taxes 98 306 306 Corporation Income Taxes 208 650 650 Federal Unemployment Taxes 4 38 38 Estate and Gift Taxes & Misc IRS Rcpts. 1 14 14 Change in Balance of Unclassified Taxes 87 388 388 Total 6,174 61,788 61,788 These Receipts were deposited in: Federal Reserve Account: Directly 98 650 650 Collector Depositaries 2,552 15,134 15,134 Tax and Loan Accounts 3,356 43,520 43,520 Inter-agency Transfers 168 2,484 2,484 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 27 $ 236 $ 725 $ 12,088 Deposits: Taxes Received (Table IV) 3 37 3,316 3,356 Transfers to Depositaries 0 0 0 0 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 1,425 1,425 Depositary Initiated 1 14 2,270 2,285 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 7,000 Repo Investment 0 0 0 1,100 Closing Balance Today 30 259 346 3,635 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday October 11, 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 $ 705 $ 705 Business 108 1,987 1,987 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.