1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday October 29, 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 $ 5,302 $ 4,945 $ 5,539 $ 5,539 Tax and Loan Note Accounts (Table V) 14,700 9,850 69,698 69,698 Total Operating Balance 20,003 14,795 75,237 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday October 29, 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) 19 381 381 Commodity Credit Corporation programs 23 1,097 1,097 Customs and Certain Excise Taxes 164 2,923 2,923 Deposits by States: Supplemental Security Income 1 26 26 Unemployment 133 880 880 Education Department programs 68 1,260 1,260 Energy Department programs 22 457 457 Estate and Gift Taxes 60 2,217 2,217 Federal Reserve Earnings 0 2,512 2,512 Foreign Deposits, Military Sales 27 1,139 1,139 FTD's Received (Table IV) 2,341 38,462 38,462 Housing and Urban Development programs 22 434 434 Individual Income and Employment Taxes, Not Withheld 232 16,100 16,100 Interest recd from T&L Depositaries 1 159 159 Justice Department programs 8 242 242 Postal Service 382 8,510 8,510 Public Debt Cash Issues (Table III-B) 355 276,590 276,590 Other Deposits: Air Transport Security Fees 2 20 20 Thrift Savings Plan Transfer 235 1,532 1,532 Total Other Deposits 237 3,482 3,482 Change in Balance of Uncollected Funds (closing balance $ 39) 261 120 120 Transfers from Depositaries 10,111 270,521 270,521 Total Federal Reserve Account 14,465 627,512 627,512 Tax and Loan Note Accounts: FTD's Received (Table IV) 8,723 107,175 107,175 Transfers from Federal Reserve Account (Table V) 6,238 108,348 108,348 Total Tax and Loan Note Accounts (Table V) 14,961 215,523 215,523 Total Deposits (excluding transfers) 13,077 464,167 464,167 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday October 29, 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 263 7,272 7,272 Defense Vendor Payments (EFT) 1,283 24,246 24,246 Education Department programs 452 7,318 7,318 Energy Department programs 115 2,336 2,336 Federal Employees Insurance Payments 131 4,518 4,518 Fed. Highway Administration programs 228 3,441 3,441 Federal Salaries (EFT) 73 11,492 11,492 Food and Nutrition Service (misc) 173 2,877 2,877 Food Stamps 60 1,707 1,707 GSA programs 53 1,211 1,211 Health and Human Services Grants (misc) 285 5,375 5,375 Housing and Urban Development programs 120 4,449 4,449 Interest on Treasury Securities 4 7,023 7,023 Justice Department programs 63 1,045 1,045 Labor Dept. prgms (excl. unemployment) 37 968 968 Medicaid 396 16,099 16,099 Medicare 1,021 34,775 34,775 NASA programs 99 916 916 Postal Service Money Orders and Other 217 3,963 3,963 Public Debt Cash Redemp. (Table III-B) 546 282,734 282,734 Social Security Benefits (EFT) 15 39,412 39,412 Temporary Assistance for Needy Families (HHS) 17 926 926 Unemployment Insurance Benefits 119 2,238 2,238 Veterans Affairs programs 172 2,089 2,089 Other Withdrawals: Federal Transit Admin. 96 515 515 IRS Tax Refunds Business (EFT) 759 2,956 2,956 State Department 74 274 274 Transportation Security Admin. (DHS) 1 157 157 Unclassified 999 20,710 20,710 Total, Other Withdrawals 1,929 50,970 50,970 Transfers to Depositaries 6,238 108,348 108,348 Total Federal Reserve Account 14,107 627,749 627,749 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 10,111 270,521 270,521 Total Withdrawals (excluding transfers) 7,869 519,401 519,401 Net Change in Operating Cash Balance 5,208 -55,234 -55,234 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday October 29, 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 -4 225,136 225,136 Cash Management Series 0 0 0 Notes -2 43,841 43,841 Bonds 0 0 0 Inflation-Protected Securities Increment -82 -748 -748 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 11 219 219 Interest Increment 0 675 675 Government Account Series 141,236 2,861,077 2,861,077 Domestic Series 0 247 247 Foreign Series 0 0 0 State and Local Series 286 8,149 8,149 Other 64 1,612 1,612 Total Issues 141,510 3,140,208 3,140,208 (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 49 1,082 1,082 Government Account Series 140,813 2,804,481 2,804,481 Domestic Series 0 247 247 Foreign Series 0 0 0 State and Local Series 430 7,762 7,762 Other 66 1,908 1,908 Total Redemptions 141,359 3,087,215 3,087,215 Net Change in Public Debt Outstanding 151 52,993 52,993 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday October 29, 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) 141,510 3,140,208 3,140,208 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 (-) 141,236 2,861,077 2,861,077 Interest Increment on United States Savings Securities (-) 0 675 675 Inflation-Protected Securities Increment -82 -774 -774 Total Public Debt Cash Issues Deposited in Federal Reserve Account 355 276,590 276,590 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 141,359 3,087,215 3,087,215 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 (-) 140,813 2,804,481 2,804,481 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 546 282,734 282,734 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday October 29, 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/ $ 5,046,591 $ 5,046,649 $ 5,049,306 $ 5,049,306 Intragovernmental Holdings 4,014,056 4,013,847 3,958,348 3,958,348 Total Public Debt Outstanding 9,060,647 9,060,496 9,007,653 9,007,653 Less: Debt Not Subject to Limit: Other Debt 502 502 502 502 Unamortized Discount 71,121 71,480 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 8,975,092 8,974,582 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 $1,89 9 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Monday October 29, 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 $ 8,935 $ 134,735 $ 134,735 Individual Income Taxes 15 403 403 Railroad Retirement Taxes 39 378 378 Excise Taxes 2,027 3,701 3,701 Corporation Income Taxes 36 11,001 11,001 Federal Unemployment Taxes 19 164 164 Estate and Gift Taxes & Misc IRS Rcpts. 2 36 36 Change in Balance of Unclassified Taxes -3 -23 -23 Total 11,070 150,396 150,396 These Receipts were deposited in: Federal Reserve Account: Directly 625 2,542 2,542 Collector Depositaries 1,716 35,920 35,920 Tax and Loan Accounts 8,723 107,175 107,175 Inter-agency Transfers 6 4,759 4,759 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 11 $ 116 $ 1,324 $ 9,850 Deposits: Taxes Received (Table IV) 4 41 8,678 8,723 Transfers to Depositaries 0 3 236 238 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 4,000 Repo Investment 0 0 0 2,000 Withdrawals: Treasury Initiated 0 0 2,463 2,463 Depositary Initiated 1 8 6,240 6,248 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,400 Closing Balance Today 14 152 1,535 14,700 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday October 29, 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 $ 22 $ 4,250 $ 4,250 Business 1,082 6,626 6,626 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.