1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday October 19, 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 $ 5,147 $ 4,615 $ 5,539 $ 5,539 Tax and Loan Note Accounts (Table V) 12,281 12,513 69,698 69,698 Total Operating Balance 17,427 17,128 75,237 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday October 19, 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) 8 299 299 Commodity Credit Corporation programs 396 957 957 Customs and Certain Excise Taxes 95 1,295 1,295 Deposits by States: Supplemental Security Income 0 22 22 Unemployment 48 381 381 Education Department programs 48 911 911 Energy Department programs 19 242 242 Estate and Gift Taxes 59 1,586 1,586 Federal Reserve Earnings 0 1,865 1,865 Foreign Deposits, Military Sales 11 1,027 1,027 FTD's Received (Table IV) 2,340 28,557 28,557 Housing and Urban Development programs 19 313 313 Individual Income and Employment Taxes, Not Withheld 1,759 9,823 9,823 Interest recd from T&L Depositaries 0 145 145 Justice Department programs 5 198 198 Postal Service 348 6,194 6,194 Public Debt Cash Issues (Table III-B) 76 214,036 214,036 Other Deposits: Air Transport Security Fees 1 13 13 Minerals Management Svc/Collections 109 602 602 Total Other Deposits 110 2,855 2,855 Change in Balance of Uncollected Funds (closing balance $ 164) 95 -5 -5 Transfers from Depositaries 6,983 223,051 223,051 Total Federal Reserve Account 12,419 493,749 493,749 Tax and Loan Note Accounts: FTD's Received (Table IV) 4,862 81,200 81,200 Transfers from Federal Reserve Account (Table V) 1,889 84,433 84,433 Total Tax and Loan Note Accounts (Table V) 6,751 165,633 165,633 Total Deposits (excluding transfers) 10,298 351,899 351,899 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday October 19, 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 362 5,695 5,695 Defense Vendor Payments (EFT) 1,510 15,692 15,692 Education Department programs 754 4,744 4,744 Energy Department programs 129 1,570 1,570 Federal Employees Insurance Payments 173 2,965 2,965 Fed. Highway Administration programs 237 2,409 2,409 Federal Salaries (EFT) 2,649 8,879 8,879 Food and Nutrition Service (misc) 117 2,147 2,147 Food Stamps 49 1,373 1,373 GSA programs 10 932 932 Health and Human Services Grants (misc) 241 3,826 3,826 Housing and Urban Development programs 125 3,797 3,797 Interest on Treasury Securities 2 7,008 7,008 Justice Department programs 42 714 714 Labor Dept. prgms (excl. unemployment) 51 591 591 Medicaid 524 12,714 12,714 Medicare 1,143 27,840 27,840 NASA programs 68 542 542 Postal Service Money Orders and Other 170 2,748 2,748 Public Debt Cash Redemp. (Table III-B) 136 224,368 224,368 Social Security Benefits (EFT) 43 33,426 33,426 Temporary Assistance for Needy Families (HHS) 27 751 751 Unemployment Insurance Benefits 77 1,575 1,575 Veterans Affairs programs 127 1,455 1,455 Other Withdrawals: Deposit Insurance Fund (net) -417 949 949 Interior 76 588 588 IRS Tax Refunds Individual (EFT) 437 811 811 Thrift Savings Plan Transfer 139 2,002 2,002 Transportation Security Admin. (DHS) 5 105 105 Unclassified 991 16,417 16,417 Total, Other Withdrawals 1,231 41,949 41,949 Transfers to Depositaries 1,889 84,433 84,433 Total Federal Reserve Account 11,887 494,142 494,142 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 6,983 223,051 223,051 Total Withdrawals (excluding transfers) 9,998 409,709 409,709 Net Change in Operating Cash Balance 300 -57,810 -57,810 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday October 19, 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 0 164,509 164,509 Cash Management Series 0 0 0 Notes -1 43,858 43,858 Bonds 0 0 0 Inflation-Protected Securities Increment -27 -474 -474 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 12 164 164 Interest Increment 0 674 674 Government Account Series 138,942 2,011,584 2,011,584 Domestic Series 0 247 247 Foreign Series 0 0 0 State and Local Series 4 5,996 5,996 Other 61 1,157 1,157 Total Issues 138,991 2,227,714 2,227,714 (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 0 188,518 188,518 Notes 0 26,591 26,591 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 44 803 803 Government Account Series 138,402 1,957,115 1,957,115 Domestic Series 0 247 247 Foreign Series 0 0 0 State and Local Series 24 7,011 7,011 Other 68 1,198 1,198 Total Redemptions 138,538 2,181,483 2,181,483 Net Change in Public Debt Outstanding 453 46,231 46,231 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday October 19, 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) 138,991 2,227,714 2,227,714 Premium on New Issues 0 137 137 Discount on New Issues: Bills (-) 0 2,058 2,058 Bonds and Notes (-) 0 0 0 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 138,942 2,011,584 2,011,584 Interest Increment on United States Savings Securities (-) 0 674 674 Inflation-Protected Securities Increment -27 -500 -500 Total Public Debt Cash Issues Deposited in Federal Reserve Account 76 214,036 214,036 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 138,538 2,181,483 2,181,483 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 (-) 138,402 1,957,115 1,957,115 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 136 224,368 224,368 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday October 19, 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/ $ 5,042,073 $ 5,042,133 $ 5,049,306 $ 5,049,306 Intragovernmental Holdings 4,011,812 4,011,299 3,958,348 3,958,348 Total Public Debt Outstanding 9,053,885 9,053,432 9,007,653 9,007,653 Less: Debt Not Subject to Limit: Other Debt 502 502 502 502 Unamortized Discount 71,602 71,722 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 8,967,849 8,967,276 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 $1,81 8 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Friday October 19, 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 $ 7,724 $ 99,850 $ 99,850 Individual Income Taxes 13 338 338 Railroad Retirement Taxes 7 275 275 Excise Taxes 27 1,027 1,027 Corporation Income Taxes 70 10,372 10,372 Federal Unemployment Taxes 9 84 84 Estate and Gift Taxes & Misc IRS Rcpts. 0 28 28 Change in Balance of Unclassified Taxes -320 1,092 1,092 Total 7,531 113,065 113,065 These Receipts were deposited in: Federal Reserve Account: Directly 94 1,277 1,277 Collector Depositaries 2,246 27,280 27,280 Tax and Loan Accounts 4,862 81,200 81,200 Inter-agency Transfers 329 3,309 3,309 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 13 $ 149 $ 3,342 $ 12,513 Deposits: Taxes Received (Table IV) 6 61 4,796 4,862 Transfers to Depositaries 0 1 88 89 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,800 Withdrawals: Treasury Initiated 0 0 3,439 3,439 Depositary Initiated 1 7 3,536 3,544 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 17 204 1,251 12,281 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday October 19, 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 $ 910 $ 2,339 $ 2,339 Business 106 3,493 3,493 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.