1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday October 26, 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 $ 4,945 $ 5,182 $ 5,539 $ 5,539 Tax and Loan Note Accounts (Table V) 9,850 10,609 69,698 69,698 Total Operating Balance 14,795 15,791 75,237 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday October 26, 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) 10 362 362 Commodity Credit Corporation programs 35 1,074 1,074 Customs and Certain Excise Taxes 87 2,759 2,759 Deposits by States: Supplemental Security Income 0 25 25 Unemployment 74 747 747 Education Department programs 42 1,191 1,191 Energy Department programs 18 435 435 Estate and Gift Taxes 89 2,157 2,157 Federal Reserve Earnings 0 2,512 2,512 Foreign Deposits, Military Sales 16 1,112 1,112 FTD's Received (Table IV) 1,528 36,121 36,121 Housing and Urban Development programs 17 412 412 Individual Income and Employment Taxes, Not Withheld 286 15,869 15,869 Interest recd from T&L Depositaries 3 159 159 Justice Department programs 8 234 234 Postal Service 332 8,129 8,129 Public Debt Cash Issues (Table III-B) 269 276,235 276,235 Other Deposits: Air Transport Security Fees 1 18 18 Total Other Deposits 1 3,245 3,245 Change in Balance of Uncollected Funds (closing balance $ 300) -96 -141 -141 Transfers from Depositaries 8,689 260,410 260,410 Total Federal Reserve Account 11,407 613,047 613,047 Tax and Loan Note Accounts: FTD's Received (Table IV) 4,184 98,452 98,452 Transfers from Federal Reserve Account (Table V) 3,747 102,109 102,109 Total Tax and Loan Note Accounts (Table V) 7,931 200,562 200,562 Total Deposits (excluding transfers) 6,902 451,090 451,090 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday October 26, 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 205 7,009 7,009 Defense Vendor Payments (EFT) 1,186 22,963 22,963 Education Department programs 211 6,866 6,866 Energy Department programs 150 2,221 2,221 Federal Employees Insurance Payments 289 4,387 4,387 Fed. Highway Administration programs 120 3,213 3,213 Federal Salaries (EFT) 124 11,419 11,419 Food and Nutrition Service (misc) 65 2,704 2,704 Food Stamps 38 1,647 1,647 GSA programs 15 1,158 1,158 Health and Human Services Grants (misc) 391 5,090 5,090 Housing and Urban Development programs 97 4,330 4,330 Interest on Treasury Securities 4 7,019 7,019 Justice Department programs 65 982 982 Labor Dept. prgms (excl. unemployment) 135 932 932 Medicaid 336 15,704 15,704 Medicare 1,132 33,754 33,754 NASA programs 37 817 817 Postal Service Money Orders and Other 147 3,746 3,746 Public Debt Cash Redemp. (Table III-B) 636 282,189 282,189 Social Security Benefits (EFT) 19 39,397 39,397 Temporary Assistance for Needy Families (HHS) 34 909 909 Unemployment Insurance Benefits 76 2,119 2,119 Veterans Affairs programs 100 1,917 1,917 Other Withdrawals: Emergency Prep & Response (DHS) 50 905 905 IRS Tax Refunds Business (EFT) 186 2,197 2,197 IRS Tax Refunds Individual (EFT) 974 1,802 1,802 State Department 85 200 200 Transportation Security Admin. (DHS) 23 157 157 Unclassified 968 19,712 19,712 Total, Other Withdrawals 2,286 49,041 49,041 Transfers to Depositaries 3,747 102,109 102,109 Total Federal Reserve Account 11,644 613,641 613,641 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 8,689 260,410 260,410 Total Withdrawals (excluding transfers) 7,897 511,532 511,532 Net Change in Operating Cash Balance -996 -60,442 -60,442 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday October 26, 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 -1 225,140 225,140 Cash Management Series 0 0 0 Notes -6 43,843 43,843 Bonds 0 0 0 Inflation-Protected Securities Increment -27 -666 -666 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 8 208 208 Interest Increment 0 675 675 Government Account Series 139,711 2,719,841 2,719,841 Domestic Series 0 247 247 Foreign Series 0 0 0 State and Local Series 198 7,864 7,864 Other 69 1,548 1,548 Total Issues 139,953 2,998,698 2,998,698 (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 0 245,144 245,144 Notes 0 26,591 26,591 Bonds 0 0 0 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 36 1,032 1,032 Government Account Series 139,054 2,663,667 2,663,667 Domestic Series 0 247 247 Foreign Series 0 0 0 State and Local Series 264 7,332 7,332 Other 335 1,842 1,842 Total Redemptions 139,690 2,945,856 2,945,856 Net Change in Public Debt Outstanding 263 52,843 52,843 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday October 26, 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) 139,953 2,998,698 2,998,698 Premium on New Issues 0 138 138 Discount on New Issues: Bills (-) 0 2,777 2,777 Bonds and Notes (-) 0 0 0 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 139,711 2,719,841 2,719,841 Interest Increment on United States Savings Securities (-) 0 675 675 Inflation-Protected Securities Increment -27 -692 -692 Total Public Debt Cash Issues Deposited in Federal Reserve Account 269 276,235 276,235 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 139,690 2,945,856 2,945,856 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 (-) 139,054 2,663,667 2,663,667 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 636 282,189 282,189 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday October 26, 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/ $ 5,046,649 $ 5,047,037 $ 5,049,306 $ 5,049,306 Intragovernmental Holdings 4,013,847 4,013,197 3,958,348 3,958,348 Total Public Debt Outstanding 9,060,496 9,060,233 9,007,653 9,007,653 Less: Debt Not Subject to Limit: Other Debt 502 502 502 502 Unamortized Discount 71,480 71,600 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 8,974,582 8,974,199 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 $1,41 3 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Friday October 26, 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 $ 5,563 $ 125,801 $ 125,801 Individual Income Taxes 7 387 387 Railroad Retirement Taxes 27 339 339 Excise Taxes 143 1,674 1,674 Corporation Income Taxes 333 10,966 10,966 Federal Unemployment Taxes 16 145 145 Estate and Gift Taxes & Misc IRS Rcpts. 2 35 35 Change in Balance of Unclassified Taxes -53 -20 -20 Total 6,038 139,326 139,326 These Receipts were deposited in: Federal Reserve Account: Directly 272 1,917 1,917 Collector Depositaries 1,256 34,204 34,204 Tax and Loan Accounts 4,184 98,452 98,452 Inter-agency Transfers 326 4,753 4,753 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 7 $ 63 $ 538 $ 10,609 Deposits: Taxes Received (Table IV) 4 57 4,123 4,184 Transfers to Depositaries 0 4 343 347 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 2,000 Repo Investment 0 0 0 1,400 Withdrawals: Treasury Initiated 0 0 768 768 Depositary Initiated 1 9 2,912 2,922 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 5,000 Repo Investment 0 0 0 0 Closing Balance Today 11 116 1,324 9,850 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday October 26, 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 $ 1,831 $ 4,228 $ 4,228 Business 501 5,544 5,544 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.