1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday October 18, 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 $ 4,615 $ 5,105 $ 5,539 $ 5,539 Tax and Loan Note Accounts (Table V) 12,513 19,430 69,698 69,698 Total Operating Balance 17,128 24,534 75,237 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday October 18, 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) 8 291 291 Commodity Credit Corporation programs 19 561 561 Customs and Certain Excise Taxes 99 1,200 1,200 Deposits by States: Supplemental Security Income 0 22 22 Unemployment 42 333 333 Education Department programs 48 863 863 Energy Department programs 5 223 223 Estate and Gift Taxes 115 1,526 1,526 Federal Reserve Earnings 0 1,865 1,865 Foreign Deposits, Military Sales 3 1,015 1,015 FTD's Received (Table IV) 576 26,217 26,217 Housing and Urban Development programs 14 294 294 Individual Income and Employment Taxes, Not Withheld 1,250 8,064 8,064 Interest recd from T&L Depositaries 5 145 145 Justice Department programs 10 193 193 Postal Service 356 5,846 5,846 Public Debt Cash Issues (Table III-B) 53,971 213,960 213,960 Other Deposits: Corps of Engineers 82 117 117 Total Other Deposits 82 2,745 2,745 Change in Balance of Uncollected Funds (closing balance $ 259) -20 -100 -100 Transfers from Depositaries 12,279 216,067 216,067 Total Federal Reserve Account 68,862 481,330 481,330 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,595 76,338 76,338 Transfers from Federal Reserve Account (Table V) 3,768 82,544 82,544 Total Tax and Loan Note Accounts (Table V) 5,363 158,882 158,882 Total Deposits (excluding transfers) 58,178 341,601 341,601 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday October 18, 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 384 5,333 5,333 Defense Vendor Payments (EFT) 1,767 14,182 14,182 Education Department programs 366 3,989 3,989 Energy Department programs 138 1,441 1,441 Federal Employees Insurance Payments 188 2,792 2,792 Fed. Highway Administration programs 69 2,172 2,172 Federal Salaries (EFT) 62 6,229 6,229 Food and Nutrition Service (misc) 128 2,030 2,030 Food Stamps 55 1,324 1,324 GSA programs 91 922 922 Health and Human Services Grants (misc) 274 3,585 3,585 Housing and Urban Development programs 78 3,672 3,672 Interest on Treasury Securities 1 7,005 7,005 Justice Department programs 85 672 672 Labor Dept. prgms (excl. unemployment) 52 540 540 Medicaid 1,225 12,190 12,190 Medicare 1,313 26,697 26,697 NASA programs 64 474 474 Postal Service Money Orders and Other 145 2,578 2,578 Public Debt Cash Redemp. (Table III-B) 57,406 224,232 224,232 Social Security Benefits (EFT) 39 33,383 33,383 Temporary Assistance for Needy Families (HHS) 26 725 725 Unemployment Insurance Benefits 93 1,498 1,498 Veterans Affairs programs 58 1,328 1,328 Other Withdrawals: Deposit Insurance Fund (net) 56 1,366 1,366 International Monetary Fund -162 -147 -147 Thrift Savings Plan Transfer 459 1,863 1,863 Transportation Security Admin. (DHS) 3 100 100 U.S. District Courts (net) 57 -15 -15 Unclassified 1,062 15,426 15,426 Total, Other Withdrawals 1,476 40,718 40,718 Transfers to Depositaries 3,768 82,544 82,544 Total Federal Reserve Account 69,352 482,254 482,254 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 12,279 216,067 216,067 Total Withdrawals (excluding transfers) 65,585 399,710 399,710 Net Change in Operating Cash Balance -7,407 -58,110 -58,110 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday October 18, 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 54,194 164,509 164,509 Cash Management Series 0 0 0 Notes 0 43,859 43,859 Bonds 0 0 0 Inflation-Protected Securities Increment -27 -447 -447 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 10 152 152 Interest Increment 0 674 674 Government Account Series 141,063 1,872,642 1,872,642 Domestic Series 0 247 247 Foreign Series 0 0 0 State and Local Series 332 5,992 5,992 Other 152 1,095 1,095 Total Issues 195,725 2,088,723 2,088,723 (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 57,198 188,518 188,518 Notes 0 26,591 26,591 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 45 758 758 Government Account Series 140,162 1,818,713 1,818,713 Domestic Series 0 247 247 Foreign Series 0 0 0 State and Local Series 24 6,987 6,987 Other 140 1,130 1,130 Total Redemptions 197,568 2,042,945 2,042,945 Net Change in Public Debt Outstanding -1,843 45,778 45,778 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday October 18, 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) 195,725 2,088,723 2,088,723 Premium on New Issues 0 137 137 Discount on New Issues: Bills (-) 717 2,058 2,058 Bonds and Notes (-) 0 0 0 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 141,063 1,872,642 1,872,642 Interest Increment on United States Savings Securities (-) 0 674 674 Inflation-Protected Securities Increment -27 -473 -473 Total Public Debt Cash Issues Deposited in Federal Reserve Account 53,971 213,960 213,960 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 197,568 2,042,945 2,042,945 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 (-) 140,162 1,818,713 1,818,713 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 57,406 224,232 224,232 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday October 18, 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 $ 5,042,133 $ 5,045,169 $ 5,049,306 $ 5,049,306 Intragovernmental Holdings 4,011,299 4,010,107 3,958,348 3,958,348 Total Public Debt Outstanding 9,053,432 9,055,275 9,007,653 9,007,653 Less: Debt Not Subject to Limit: Other Debt 502 502 502 502 Unamortized Discount 71,722 71,126 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 8,967,276 8,969,715 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 18, 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 $ 1,907 $ 92,126 $ 92,126 Individual Income Taxes 48 325 325 Railroad Retirement Taxes 2 267 267 Excise Taxes 10 1,000 1,000 Corporation Income Taxes 219 10,302 10,302 Federal Unemployment Taxes 6 75 75 Estate and Gift Taxes & Misc IRS Rcpts. 5 27 27 Change in Balance of Unclassified Taxes -12 1,411 1,411 Total 2,184 105,534 105,534 These Receipts were deposited in: Federal Reserve Account: Directly 69 1,182 1,182 Collector Depositaries 507 25,034 25,034 Tax and Loan Accounts 1,595 76,338 76,338 Inter-agency Transfers 13 2,980 2,980 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 35 $ 312 $ 1,198 $ 19,430 Deposits: Taxes Received (Table IV) 3 26 1,566 1,595 Transfers to Depositaries 3 83 1,682 1,768 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 2,000 Repo Investment 0 0 0 0 Withdrawals: Treasury Initiated 28 269 0 297 Depositary Initiated 1 2 1,104 1,106 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 8,376 Repo Investment 0 0 0 2,500 Closing Balance Today 13 149 3,342 12,513 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday October 18, 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 $ 21 $ 1,429 $ 1,429 Business 112 3,387 3,387 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.