1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday October 22, 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 $ 4,676 $ 5,147 $ 5,539 $ 5,539 Tax and Loan Note Accounts (Table V) 17,393 12,281 69,698 69,698 Total Operating Balance 22,069 17,427 75,237 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday October 22, 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) 11 310 310 Commodity Credit Corporation programs 17 974 974 Customs and Certain Excise Taxes 97 1,392 1,392 Deposits by States: Supplemental Security Income 0 22 22 Unemployment 54 435 435 Education Department programs 76 987 987 Energy Department programs 47 290 290 Estate and Gift Taxes 117 1,702 1,702 Federal Reserve Earnings 0 1,865 1,865 Foreign Deposits, Military Sales 4 1,031 1,031 FTD's Received (Table IV) 1,917 30,473 30,473 Housing and Urban Development programs 28 341 341 Individual Income and Employment Taxes, Not Withheld 2,416 12,239 12,239 Interest recd from T&L Depositaries 1 146 146 Justice Department programs 5 203 203 Postal Service 424 6,617 6,617 Public Debt Cash Issues (Table III-B) 78 214,114 214,114 Other Deposits: Minerals Management Svc/Collections 52 654 654 Total Other Deposits 52 2,907 2,907 Change in Balance of Uncollected Funds (closing balance $ 40) 124 119 119 Transfers from Depositaries 9,316 232,366 232,366 Total Federal Reserve Account 14,783 508,532 508,532 Tax and Loan Note Accounts: FTD's Received (Table IV) 7,653 88,853 88,853 Transfers from Federal Reserve Account (Table V) 6,775 91,208 91,208 Total Tax and Loan Note Accounts (Table V) 14,428 180,061 180,061 Total Deposits (excluding transfers) 13,120 365,019 365,019 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday October 22, 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 382 6,077 6,077 Defense Vendor Payments (EFT) 1,528 17,220 17,220 Education Department programs 277 5,020 5,020 Energy Department programs 99 1,669 1,669 Federal Employees Insurance Payments 120 3,084 3,084 Fed. Highway Administration programs 368 2,778 2,778 Federal Salaries (EFT) 1,147 10,026 10,026 Food and Nutrition Service (misc) 177 2,324 2,324 Food Stamps 109 1,482 1,482 GSA programs 42 973 973 Health and Human Services Grants (misc) 185 4,011 4,011 Housing and Urban Development programs 77 3,874 3,874 Interest on Treasury Securities 3 7,011 7,011 Justice Department programs 69 783 783 Labor Dept. prgms (excl. unemployment) 46 637 637 Medicaid 362 13,076 13,076 Medicare 966 28,806 28,806 NASA programs 44 587 587 Postal Service Money Orders and Other 347 3,096 3,096 Public Debt Cash Redemp. (Table III-B) 121 224,489 224,489 Social Security Benefits (EFT) 42 33,468 33,468 Temporary Assistance for Needy Families (HHS) 11 762 762 Unemployment Insurance Benefits 117 1,691 1,691 Veterans Affairs programs 138 1,593 1,593 Other Withdrawals: Deposit Insurance Fund (net) 117 1,066 1,066 Emergency Prep & Response (DHS) 52 749 749 Federal Transit Admin. 71 418 418 Interior 63 650 650 IRS Tax Refunds Business (EFT) 316 1,746 1,746 Thrift Savings Plan Transfer 86 2,088 2,088 Transportation Security Admin. (DHS) 10 115 115 Unclassified 985 17,402 17,402 Total, Other Withdrawals 1,700 43,649 43,649 Transfers to Depositaries 6,775 91,208 91,208 Total Federal Reserve Account 15,253 509,395 509,395 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 9,316 232,366 232,366 Total Withdrawals (excluding transfers) 8,478 418,187 418,187 Net Change in Operating Cash Balance 4,642 -53,168 -53,168 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday October 22, 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 -2 164,507 164,507 Cash Management Series 0 0 0 Notes 0 43,858 43,858 Bonds 0 0 0 Inflation-Protected Securities Increment -82 -556 -556 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 11 175 175 Interest Increment 0 674 674 Government Account Series 140,786 2,152,370 2,152,370 Domestic Series 0 247 247 Foreign Series 0 0 0 State and Local Series 14 6,010 6,010 Other 55 1,212 1,212 Total Issues 140,782 2,368,496 2,368,496 (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 50 852 852 Government Account Series 140,312 2,097,428 2,097,428 Domestic Series 0 247 247 Foreign Series 0 0 0 State and Local Series 15 7,026 7,026 Other 56 1,254 1,254 Total Redemptions 140,433 2,321,916 2,321,916 Net Change in Public Debt Outstanding 349 46,580 46,580 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday October 22, 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) 140,782 2,368,496 2,368,496 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 (-) 140,786 2,152,370 2,152,370 Interest Increment on United States Savings Securities (-) 0 674 674 Inflation-Protected Securities Increment -82 -582 -582 Total Public Debt Cash Issues Deposited in Federal Reserve Account 78 214,114 214,114 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 140,433 2,321,916 2,321,916 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 (-) 140,312 2,097,428 2,097,428 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 121 224,489 224,489 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday October 22, 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/ $ 5,041,954 $ 5,042,073 $ 5,049,306 $ 5,049,306 Intragovernmental Holdings 4,012,279 4,011,812 3,958,348 3,958,348 Total Public Debt Outstanding 9,054,234 9,053,885 9,007,653 9,007,653 Less: Debt Not Subject to Limit: Other Debt 502 502 502 502 Unamortized Discount 71,241 71,602 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 8,968,559 8,967,849 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 $1,61 7 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Monday October 22, 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 $ 10,048 $ 109,898 $ 109,898 Individual Income Taxes 16 354 354 Railroad Retirement Taxes 31 305 305 Excise Taxes 14 1,041 1,041 Corporation Income Taxes 65 10,437 10,437 Federal Unemployment Taxes 11 95 95 Estate and Gift Taxes & Misc IRS Rcpts. 2 29 29 Change in Balance of Unclassified Taxes -372 720 720 Total 9,814 122,880 122,880 These Receipts were deposited in: Federal Reserve Account: Directly 76 1,352 1,352 Collector Depositaries 1,841 29,121 29,121 Tax and Loan Accounts 7,653 88,853 88,853 Inter-agency Transfers 244 3,553 3,553 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 17 $ 204 $ 1,251 $ 12,281 Deposits: Taxes Received (Table IV) 4 45 7,605 7,653 Transfers to Depositaries 0 2 173 175 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 5,000 Repo Investment 0 0 0 1,600 Withdrawals: Treasury Initiated 0 0 1,351 1,351 Depositary Initiated 1 8 6,155 6,165 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,800 Closing Balance Today 20 242 1,522 17,393 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday October 22, 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 $ 2,342 $ 2,342 Business 444 3,937 3,937 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.