1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday October 17, 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 $ 5,105 $ 5,007 $ 5,539 $ 5,539 Tax and Loan Note Accounts (Table V) 19,430 22,295 69,698 69,698 Total Operating Balance 24,534 27,302 75,237 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday October 17, 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) 15 283 283 Commodity Credit Corporation programs 22 542 542 Customs and Certain Excise Taxes 104 1,101 1,101 Deposits by States: Supplemental Security Income 0 22 22 Unemployment 44 291 291 Education Department programs 32 816 816 Energy Department programs 5 219 219 Estate and Gift Taxes 214 1,411 1,411 Federal Reserve Earnings 560 1,865 1,865 Foreign Deposits, Military Sales 22 1,012 1,012 FTD's Received (Table IV) 3,105 25,641 25,641 Housing and Urban Development programs 18 280 280 Individual Income and Employment Taxes, Not Withheld 1,490 6,814 6,814 Interest recd from T&L Depositaries 4 141 141 Justice Department programs 8 183 183 Postal Service 385 5,490 5,490 Public Debt Cash Issues (Table III-B) 307 159,989 159,989 Other Deposits: Thrift Savings Plan Transfer 428 1,113 1,113 Total Other Deposits 428 2,663 2,663 Change in Balance of Uncollected Funds (closing balance $ 239) -50 -81 -81 Transfers from Depositaries 10,824 203,788 203,788 Total Federal Reserve Account 17,538 412,468 412,468 Tax and Loan Note Accounts: FTD's Received (Table IV) 3,388 74,743 74,743 Transfers from Federal Reserve Account (Table V) 4,571 78,776 78,776 Total Tax and Loan Note Accounts (Table V) 7,959 153,519 153,519 Total Deposits (excluding transfers) 10,102 283,423 283,423 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday October 17, 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 474 4,949 4,949 Defense Vendor Payments (EFT) 1,046 12,415 12,415 Education Department programs 271 3,624 3,624 Energy Department programs 74 1,303 1,303 Federal Employees Insurance Payments 322 2,604 2,604 Fed. Highway Administration programs 260 2,103 2,103 Federal Salaries (EFT) 131 6,167 6,167 Food and Nutrition Service (misc) 159 1,902 1,902 Food Stamps 66 1,269 1,269 GSA programs 27 831 831 Health and Human Services Grants (misc) 214 3,310 3,310 Housing and Urban Development programs 115 3,594 3,594 Interest on Treasury Securities 2 7,004 7,004 Justice Department programs 55 587 587 Labor Dept. prgms (excl. unemployment) 51 488 488 Medicaid 773 10,965 10,965 Medicare 1,551 25,384 25,384 NASA programs 73 410 410 Postal Service Money Orders and Other 132 2,432 2,432 Public Debt Cash Redemp. (Table III-B) 132 166,825 166,825 Social Security Benefits (EFT) 5,740 33,344 33,344 Temporary Assistance for Needy Families (HHS) 18 699 699 Unemployment Insurance Benefits 140 1,405 1,405 Veterans Affairs programs 65 1,270 1,270 Other Withdrawals: IRS Tax Refunds Business (EFT) 175 1,360 1,360 Transportation Security Admin. (DHS) 12 97 97 Unclassified 792 14,364 14,364 Total, Other Withdrawals 980 39,242 39,242 Transfers to Depositaries 4,571 78,776 78,776 Total Federal Reserve Account 17,440 412,902 412,902 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 10,824 203,788 203,788 Total Withdrawals (excluding transfers) 12,869 334,126 334,126 Net Change in Operating Cash Balance -2,767 -50,703 -50,703 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday October 17, 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 0 110,315 110,315 Cash Management Series 0 0 0 Notes -2 43,859 43,859 Bonds 0 0 0 Inflation-Protected Securities Increment -27 -420 -420 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 8 142 142 Interest Increment 0 673 673 Government Account Series 140,819 1,731,579 1,731,579 Domestic Series 0 247 247 Foreign Series 0 0 0 State and Local Series 252 5,660 5,660 Other 49 943 943 Total Issues 141,099 1,892,999 1,892,999 (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 51 713 713 Government Account Series 144,017 1,678,552 1,678,552 Domestic Series 0 247 247 Foreign Series 0 0 0 State and Local Series 31 6,964 6,964 Other 50 990 990 Total Redemptions 144,149 1,845,377 1,845,377 Net Change in Public Debt Outstanding -3,050 47,622 47,622 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday October 17, 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) 141,099 1,892,999 1,892,999 Premium on New Issues 0 137 137 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 (-) 140,819 1,731,579 1,731,579 Interest Increment on United States Savings Securities (-) 0 673 673 Inflation-Protected Securities Increment -27 -445 -445 Total Public Debt Cash Issues Deposited in Federal Reserve Account 307 159,989 159,989 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 144,149 1,845,377 1,845,377 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 (-) 144,017 1,678,552 1,678,552 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 132 166,825 166,825 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday October 17, 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/ $ 5,045,169 $ 5,044,434 $ 5,049,306 $ 5,049,306 Intragovernmental Holdings 4,010,107 4,013,891 3,958,348 3,958,348 Total Public Debt Outstanding 9,055,275 9,058,325 9,007,653 9,007,653 Less: Debt Not Subject to Limit: Other Debt 502 502 502 502 Unamortized Discount 71,126 71,247 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 8,969,715 8,972,644 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 $2,48 8 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Wednesday October 17, 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 $ 6,767 $ 90,219 $ 90,219 Individual Income Taxes 83 277 277 Railroad Retirement Taxes 4 265 265 Excise Taxes 7 990 990 Corporation Income Taxes 44 10,084 10,084 Federal Unemployment Taxes 7 69 69 Estate and Gift Taxes & Misc IRS Rcpts. 2 23 23 Change in Balance of Unclassified Taxes 1 1,424 1,424 Total 6,916 103,350 103,350 These Receipts were deposited in: Federal Reserve Account: Directly 89 1,114 1,114 Collector Depositaries 3,016 24,527 24,527 Tax and Loan Accounts 3,388 74,743 74,743 Inter-agency Transfers 422 2,966 2,966 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 28 $ 270 $ 2,822 $ 22,295 Deposits: Taxes Received (Table IV) 9 77 3,303 3,388 Transfers to Depositaries 0 0 62 62 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 2,009 Repo Investment 0 0 0 2,500 Withdrawals: Treasury Initiated 0 0 2,822 2,822 Depositary Initiated 2 35 2,166 2,203 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 3,000 Repo Investment 0 0 0 2,800 Closing Balance Today 35 312 1,198 19,430 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday October 17, 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 $ 1,408 $ 1,408 Business 188 3,275 3,275 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.