1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday October 23, 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 $ 5,854 $ 4,676 $ 5,539 $ 5,539 Tax and Loan Note Accounts (Table V) 15,146 17,393 69,698 69,698 Total Operating Balance 21,000 22,069 75,237 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday October 23, 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) 17 327 327 Commodity Credit Corporation programs 21 995 995 Customs and Certain Excise Taxes 1,064 2,456 2,456 Deposits by States: Supplemental Security Income 2 25 25 Unemployment 70 505 505 Education Department programs 68 1,055 1,055 Energy Department programs 56 345 345 Estate and Gift Taxes 80 1,782 1,782 Federal Reserve Earnings 0 1,865 1,865 Foreign Deposits, Military Sales 6 1,036 1,036 FTD's Received (Table IV) 544 31,018 31,018 Housing and Urban Development programs 19 359 359 Individual Income and Employment Taxes, Not Withheld 2,284 14,523 14,523 Interest recd from T&L Depositaries 3 149 149 Justice Department programs 9 212 212 Postal Service 454 7,072 7,072 Public Debt Cash Issues (Table III-B) 187 214,301 214,301 Other Deposits: Air Transport Security Fees 1 15 15 National Credit Union Administration 153 153 153 Thrift Savings Plan Transfer 76 1,258 1,258 Total Other Deposits 231 3,137 3,137 Change in Balance of Uncollected Funds (closing balance $ 170) -130 -11 -11 Transfers from Depositaries 7,484 239,850 239,850 Total Federal Reserve Account 12,467 521,000 521,000 Tax and Loan Note Accounts: FTD's Received (Table IV) 993 89,847 89,847 Transfers from Federal Reserve Account (Table V) 4,244 95,451 95,451 Total Tax and Loan Note Accounts (Table V) 5,237 185,298 185,298 Total Deposits (excluding transfers) 5,977 370,996 370,996 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday October 23, 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 231 6,309 6,309 Defense Vendor Payments (EFT) 1,655 18,874 18,874 Education Department programs 305 5,326 5,326 Energy Department programs 88 1,757 1,757 Federal Employees Insurance Payments 290 3,375 3,375 Fed. Highway Administration programs 57 2,835 2,835 Federal Salaries (EFT) 452 10,478 10,478 Food and Nutrition Service (misc) 104 2,428 2,428 Food Stamps 50 1,531 1,531 GSA programs 45 1,018 1,018 Health and Human Services Grants (misc) 214 4,225 4,225 Housing and Urban Development programs 141 4,015 4,015 Interest on Treasury Securities 2 7,012 7,012 Justice Department programs 72 855 855 Labor Dept. prgms (excl. unemployment) 28 665 665 Medicaid 539 13,615 13,615 Medicare 1,593 30,398 30,398 NASA programs 76 663 663 Postal Service Money Orders and Other 202 3,297 3,297 Public Debt Cash Redemp. (Table III-B) 134 224,623 224,623 Social Security Benefits (EFT) 43 33,511 33,511 Temporary Assistance for Needy Families (HHS) 36 799 799 Unemployment Insurance Benefits 135 1,826 1,826 Veterans Affairs programs 100 1,693 1,693 Other Withdrawals: African Development Fund 54 54 54 Deposit Insurance Fund (net) -121 945 945 Interior 80 730 730 Interntl Security Assistance (DSCA) 552 552 552 Transportation Security Admin. (DHS) 3 118 118 U.S. District Courts (net) -351 -366 -366 USDA: Forest Service 77 157 157 Unclassified 160 17,563 17,563 Total, Other Withdrawals 455 44,104 44,104 Transfers to Depositaries 4,244 95,451 95,451 Total Federal Reserve Account 11,290 520,684 520,684 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 7,484 239,850 239,850 Total Withdrawals (excluding transfers) 7,046 425,233 425,233 Net Change in Operating Cash Balance -1,069 -54,237 -54,237 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday October 23, 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 0 164,507 164,507 Cash Management Series 0 0 0 Notes 0 43,858 43,858 Bonds 0 0 0 Inflation-Protected Securities Increment -27 -584 -584 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 7 182 182 Interest Increment 0 674 674 Government Account Series 142,114 2,294,485 2,294,485 Domestic Series 0 247 247 Foreign Series 0 0 0 State and Local Series 127 6,137 6,137 Other 54 1,266 1,266 Total Issues 142,274 2,510,771 2,510,771 (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 52 904 904 Government Account Series 138,392 2,235,820 2,235,820 Domestic Series 0 247 247 Foreign Series 0 0 0 State and Local Series 28 7,054 7,054 Other 55 1,309 1,309 Total Redemptions 138,526 2,460,442 2,460,442 Net Change in Public Debt Outstanding 3,748 50,328 50,328 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday October 23, 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) 142,274 2,510,771 2,510,771 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 (-) 142,114 2,294,485 2,294,485 Interest Increment on United States Savings Securities (-) 0 674 674 Inflation-Protected Securities Increment -27 -610 -610 Total Public Debt Cash Issues Deposited in Federal Reserve Account 187 214,301 214,301 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 138,526 2,460,442 2,460,442 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 (-) 138,392 2,235,820 2,235,820 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 134 224,623 224,623 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday October 23, 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/ $ 5,042,214 $ 5,041,954 $ 5,049,306 $ 5,049,306 Intragovernmental Holdings 4,015,767 4,012,279 3,958,348 3,958,348 Total Public Debt Outstanding 9,057,982 9,054,234 9,007,653 9,007,653 Less: Debt Not Subject to Limit: Other Debt 502 502 502 502 Unamortized Discount 71,121 71,241 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 8,972,427 8,968,559 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 $1,11 2 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Tuesday October 23, 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 $ 2,387 $ 112,285 $ 112,285 Individual Income Taxes 10 364 364 Railroad Retirement Taxes 1 306 306 Excise Taxes 17 1,058 1,058 Corporation Income Taxes 52 10,490 10,490 Federal Unemployment Taxes 9 104 104 Estate and Gift Taxes & Misc IRS Rcpts. 2 31 31 Change in Balance of Unclassified Taxes -371 348 348 Total 2,107 124,987 124,987 These Receipts were deposited in: Federal Reserve Account: Directly 78 1,431 1,431 Collector Depositaries 466 29,587 29,587 Tax and Loan Accounts 993 89,847 89,847 Inter-agency Transfers 569 4,122 4,122 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 20 $ 242 $ 1,522 $ 17,393 Deposits: Taxes Received (Table IV) 4 27 962 993 Transfers to Depositaries 0 1 142 144 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 3,000 Repo Investment 0 0 0 1,100 Withdrawals: Treasury Initiated 0 0 1,276 1,276 Depositary Initiated 1 7 591 599 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 4,009 Repo Investment 0 0 0 1,600 Closing Balance Today 23 264 759 15,146 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday October 23, 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 $ 25 $ 2,367 $ 2,367 Business 477 4,414 4,414 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.