1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday October 31, 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 $ 4,307 $ 5,022 $ 5,539 $ 5,539 Tax and Loan Note Accounts (Table V) 33,650 10,117 69,698 69,698 Total Operating Balance 37,957 15,140 75,237 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday October 31, 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) 56 465 465 Commodity Credit Corporation programs 25 1,139 1,139 Customs and Certain Excise Taxes 134 3,170 3,170 Deposits by States: Supplemental Security Income 383 410 410 Unemployment 355 1,422 1,422 Education Department programs 59 1,360 1,360 Energy Department programs 141 666 666 Estate and Gift Taxes 54 2,379 2,379 Federal Reserve Earnings 703 3,215 3,215 Foreign Deposits, Military Sales 15 1,158 1,158 FTD's Received (Table IV) 3,908 43,206 43,206 Housing and Urban Development programs 23 486 486 Individual Income and Employment Taxes, Not Withheld 390 16,755 16,755 Interest recd from T&L Depositaries 0 164 164 Justice Department programs 37 290 290 Postal Service 383 9,367 9,367 Public Debt Cash Issues (Table III-B) 47,062 323,923 323,923 Other Deposits: Air Transport Security Fees 159 203 203 Fed. Crop Ins. Corp. Fund Premiums 358 407 407 Minerals Management Svc/Collections 371 1,202 1,202 Railroad Unemployment Ins. 15 18 18 Thrift Savings Plan Transfer 181 1,715 1,715 Total Other Deposits 1,084 4,825 4,825 Change in Balance of Uncollected Funds (closing balance $ 93) 58 66 66 Transfers from Depositaries 4,581 283,871 283,871 Total Federal Reserve Account 59,452 698,337 698,337 Tax and Loan Note Accounts: FTD's Received (Table IV) 5,233 113,367 113,367 Transfers from Federal Reserve Account (Table V) 22,882 134,456 134,456 Total Tax and Loan Note Accounts (Table V) 28,115 247,823 247,823 Total Deposits (excluding transfers) 60,104 527,833 527,833 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday October 31, 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 174 7,635 7,635 Defense Vendor Payments (EFT) 885 27,405 27,405 Education Department programs 339 7,929 7,929 Energy Department programs 164 2,609 2,609 Federal Employees Insurance Payments 374 5,101 5,101 Fed. Highway Administration programs 158 3,660 3,660 Federal Salaries (EFT) 194 11,806 11,806 Food and Nutrition Service (misc) 119 3,069 3,069 Food Stamps 37 1,776 1,776 GSA programs 54 1,287 1,287 Health and Human Services Grants (misc) 476 6,329 6,329 Housing and Urban Development programs 107 4,714 4,714 Interest on Treasury Securities 3,451 10,476 10,476 Justice Department programs 35 1,143 1,143 Labor Dept. prgms (excl. unemployment) 50 1,050 1,050 Medicaid 507 17,290 17,290 Medicare 1,619 37,706 37,706 NASA programs 23 995 995 Postal Service Money Orders and Other 313 4,506 4,506 Public Debt Cash Redemp. (Table III-B) 26,677 309,692 309,692 Social Security Benefits (EFT) 11 39,439 39,439 Temporary Assistance for Needy Families (HHS) 24 1,197 1,197 Unemployment Insurance Benefits 134 2,509 2,509 Veterans Affairs programs 68 2,250 2,250 Other Withdrawals: Federal Financing Bank (net) -58 -786 -786 IRS Tax Refunds Business (EFT) 101 3,056 3,056 Pension Benefit Guaranty Corp. 354 354 354 Transportation Security Admin. (DHS) 28 221 221 Unclassified 870 22,436 22,436 Total, Other Withdrawals 1,294 53,540 53,540 Transfers to Depositaries 22,882 134,456 134,456 Total Federal Reserve Account 60,168 699,569 699,569 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 4,581 283,871 283,871 Total Withdrawals (excluding transfers) 37,286 565,113 565,113 Net Change in Operating Cash Balance 22,818 -37,280 -37,280 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday October 31, 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 0 225,136 225,136 Cash Management Series 0 0 0 Notes 46,534 90,375 90,375 Bonds 0 0 0 Inflation-Protected Securities Increment 149 -626 -626 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 16 242 242 Interest Increment 0 676 676 Government Account Series 142,586 3,146,337 3,146,337 Domestic Series 0 247 247 Foreign Series 0 0 0 State and Local Series 385 8,736 8,736 Other 63 1,736 1,736 Total Issues 189,734 3,472,860 3,472,860 (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 26,553 53,144 53,144 Bonds 0 1 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 41 1,173 1,173 Government Account Series 142,351 3,091,735 3,091,735 Domestic Series 0 247 247 Foreign Series 0 0 0 State and Local Series 18 7,949 7,949 Other 64 2,035 2,035 Total Redemptions 169,028 3,401,427 3,401,427 Net Change in Public Debt Outstanding 20,706 71,433 71,433 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday October 31, 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) 189,734 3,472,860 3,472,860 Premium on New Issues 14 151 151 Discount on New Issues: Bills (-) 0 2,777 2,777 Bonds and Notes (-) 127 127 127 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 142,586 3,146,337 3,146,337 Interest Increment on United States Savings Securities (-) 0 676 676 Inflation-Protected Securities Increment -28 -829 -829 Total Public Debt Cash Issues Deposited in Federal Reserve Account 47,062 323,923 323,923 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 169,028 3,401,427 3,401,427 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 (-) 142,351 3,091,735 3,091,735 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 26,677 309,692 309,692 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday October 31, 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/ $ 5,067,079 $ 5,046,466 $ 5,049,306 $ 5,049,306 Intragovernmental Holdings 4,012,008 4,011,914 3,958,348 3,958,348 Total Public Debt Outstanding 9,079,086 9,058,380 9,007,653 9,007,653 Less: Debt Not Subject to Limit: Other Debt 502 502 502 502 Unamortized Discount 70,014 71,001 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 8,994,639 8,972,946 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 $3,82 4 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Wednesday October 31, 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 $ 8,363 $ 144,841 $ 144,841 Individual Income Taxes 8 421 421 Railroad Retirement Taxes 42 422 422 Excise Taxes 508 4,234 4,234 Corporation Income Taxes 51 11,081 11,081 Federal Unemployment Taxes 509 714 714 Estate and Gift Taxes & Misc IRS Rcpts. 0 38 38 Change in Balance of Unclassified Taxes -15 -75 -75 Total 9,465 161,676 161,676 These Receipts were deposited in: Federal Reserve Account: Directly 123 2,777 2,777 Collector Depositaries 3,786 40,429 40,429 Tax and Loan Accounts 5,233 113,367 113,367 Inter-agency Transfers 324 5,103 5,103 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 17 $ 179 $ 822 $ 10,117 Deposits: Taxes Received (Table IV) 10 101 5,121 5,233 Transfers to Depositaries 9 218 6,235 6,462 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 12,620 Repo Investment 0 0 0 3,800 Withdrawals: Treasury Initiated 0 0 0 0 Depositary Initiated 3 44 3,434 3,481 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,100 Closing Balance Today 33 454 8,744 33,650 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday October 31, 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 $ 31 2/$ 4,267 2/$ 4,267 Business 196 7,399 7,399 2/Does not include $29 million offset by FMS for the month of October 2007, a nd $29 million for the fiscal year-to-date for Treasury Offset Program agai nst Tax Refunds issued. 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.