1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday October 15, 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 $ 4,747 $ 5,114 $ 5,539 $ 5,539 Tax and Loan Note Accounts (Table V) 18,725 3,515 69,698 69,698 Total Operating Balance 23,472 8,629 75,237 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday October 15, 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) 36 248 248 Commodity Credit Corporation programs 19 499 499 Customs and Certain Excise Taxes 83 896 896 Deposits by States: Supplemental Security Income 1 21 21 Unemployment 31 213 213 Education Department programs 56 724 724 Energy Department programs 12 208 208 Estate and Gift Taxes 52 1,075 1,075 Federal Reserve Earnings 0 1,304 1,304 Foreign Deposits, Military Sales 34 946 946 FTD's Received (Table IV) 3,658 20,981 20,981 Housing and Urban Development programs 23 246 246 Individual Income and Employment Taxes, Not Withheld 399 4,539 4,539 Interest recd from T&L Depositaries 0 136 136 Justice Department programs 46 164 164 Postal Service 433 4,635 4,635 Public Debt Cash Issues (Table III-B) 6,393 158,469 158,469 Other Deposits: Defense Finance & Accounting Service 53 349 349 Total Other Deposits 53 2,235 2,235 Change in Balance of Uncollected Funds (closing balance $ 40) 91 119 119 Transfers from Depositaries 14,353 179,903 179,903 Total Federal Reserve Account 25,772 377,561 377,561 Tax and Loan Note Accounts: FTD's Received (Table IV) 16,479 64,084 64,084 Transfers from Federal Reserve Account (Table V) 13,084 64,845 64,845 Total Tax and Loan Note Accounts (Table V) 29,563 128,929 128,929 Total Deposits (excluding transfers) 27,898 261,742 261,742 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday October 15, 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 709 3,996 3,996 Defense Vendor Payments (EFT) 641 9,228 9,228 Education Department programs 256 2,875 2,875 Energy Department programs 181 1,107 1,107 Federal Employees Insurance Payments 125 2,113 2,113 Fed. Highway Administration programs 122 1,770 1,770 Federal Salaries (EFT) 207 5,876 5,876 Food and Nutrition Service (misc) 229 1,617 1,617 Food Stamps 245 1,108 1,108 GSA programs 54 759 759 Health and Human Services Grants (misc) 324 2,862 2,862 Housing and Urban Development programs 100 3,388 3,388 Interest on Treasury Securities 2,817 7,001 7,001 Justice Department programs 68 501 501 Labor Dept. prgms (excl. unemployment) 54 396 396 Medicaid 632 9,450 9,450 Medicare 889 22,510 22,510 NASA programs 19 312 312 Postal Service Money Orders and Other 244 2,130 2,130 Public Debt Cash Redemp. (Table III-B) 889 166,459 166,459 Social Security Benefits (EFT) 42 27,564 27,564 Temporary Assistance for Needy Families (HHS) 54 577 577 Unemployment Insurance Benefits 114 1,137 1,137 Veterans Affairs programs 132 1,121 1,121 Other Withdrawals: Emergency Prep & Response (DHS) 65 543 543 Export-Import Bank (net) -122 -163 -163 Federal Transit Admin. 66 347 347 IRS Tax Refunds Business (EFT) 151 1,183 1,183 Military Active Duty Pay (EFT) 2,377 5,908 5,908 Pmt. to Resolution Funding Corp (Treas) 257 257 257 Transportation Security Admin. (DHS) 17 83 83 Unclassified 1,096 13,037 13,037 Total, Other Withdrawals 3,908 37,650 37,650 Transfers to Depositaries 13,084 64,845 64,845 Total Federal Reserve Account 26,138 378,353 378,353 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 14,353 179,903 179,903 Total Withdrawals (excluding transfers) 13,054 313,507 313,507 Net Change in Operating Cash Balance 14,843 -51,765 -51,765 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday October 15, 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 -1 110,315 110,315 Cash Management Series 0 0 0 Notes 6,000 43,861 43,861 Bonds 0 0 0 Inflation-Protected Securities Increment -55 -364 -364 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 10 128 128 Interest Increment 0 673 673 Government Account Series 139,667 1,448,971 1,448,971 Domestic Series 0 247 247 Foreign Series 0 0 0 State and Local Series 168 4,251 4,251 Other 52 844 844 Total Issues 145,843 1,608,926 1,608,926 (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 0 131,320 131,320 Notes 0 26,591 26,591 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 56 601 601 Government Account Series 135,229 1,396,138 1,396,138 Domestic Series 247 247 247 Foreign Series 0 0 0 State and Local Series 531 6,810 6,810 Other 54 890 890 Total Redemptions 136,117 1,562,597 1,562,597 Net Change in Public Debt Outstanding 9,725 46,329 46,329 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday October 15, 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) 145,843 1,608,926 1,608,926 Premium on New Issues 137 137 137 Discount on New Issues: Bills (-) 0 1,341 1,341 Bonds and Notes (-) 0 0 0 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 139,667 1,448,971 1,448,971 Interest Increment on United States Savings Securities (-) 0 673 673 Inflation-Protected Securities Increment -81 -390 -390 Total Public Debt Cash Issues Deposited in Federal Reserve Account 6,393 158,469 158,469 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 136,117 1,562,597 1,562,597 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 (-) 135,229 1,396,138 1,396,138 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 889 166,459 166,459 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday October 15, 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/ $ 5,043,530 $ 5,038,255 $ 5,049,306 $ 5,049,306 Intragovernmental Holdings 4,010,452 4,006,002 3,958,348 3,958,348 Total Public Debt Outstanding 9,053,982 9,044,257 9,007,653 9,007,653 Less: Debt Not Subject to Limit: Other Debt 502 502 502 502 Unamortized Discount 71,368 71,732 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 68 68 69 69 Total Public Debt Subject to Limit 8,968,180 8,958,091 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/The par value of securities held by Treasury under repurchase agreements pl us the inflation compensation, less unamortized discount on bills was $4,05 0 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Monday October 15, 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 $ 10,979 $ 75,641 $ 75,641 Individual Income Taxes 38 148 148 Railroad Retirement Taxes 38 217 217 Excise Taxes 44 974 974 Corporation Income Taxes 8,834 9,890 9,890 Federal Unemployment Taxes 11 56 56 Estate and Gift Taxes & Misc IRS Rcpts. 2 17 17 Change in Balance of Unclassified Taxes 221 643 643 Total 20,167 87,586 87,586 These Receipts were deposited in: Federal Reserve Account: Directly 52 913 913 Collector Depositaries 3,606 20,068 20,068 Tax and Loan Accounts 16,479 64,084 64,084 Inter-agency Transfers 31 2,521 2,521 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 8 $ 80 $ 427 $ 3,515 Deposits: Taxes Received (Table IV) 11 101 16,367 16,479 Transfers to Depositaries 0 17 691 708 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 8,376 Repo Investment 0 0 0 4,000 Withdrawals: Treasury Initiated 0 0 535 535 Depositary Initiated 2 23 13,793 13,818 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 17 175 3,157 18,725 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday October 15, 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 $ 13 $ 1,403 $ 1,403 Business 277 2,650 2,650 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.