1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday November 05, 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 $ 4,600 $ 4,965 $ 4,307 $ 5,539 Tax and Loan Note Accounts (Table V) 7,921 6,298 33,650 69,698 Total Operating Balance 12,521 11,262 37,957 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday November 05, 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) 15 52 517 Commodity Credit Corporation programs 14 76 1,215 Customs and Certain Excise Taxes 99 287 3,458 Deposits by States: Supplemental Security Income 0 2 412 Unemployment 510 1,657 3,079 Education Department programs 36 141 1,501 Energy Department programs 6 74 740 Estate and Gift Taxes 78 336 2,716 Federal Reserve Earnings 0 0 3,215 Foreign Deposits, Military Sales 3 720 1,878 FTD's Received (Table IV) 2,120 5,562 48,768 Housing and Urban Development programs 29 73 559 Individual Income and Employment Taxes, Not Withheld 185 501 17,256 Interest recd from T&L Depositaries 1 11 175 Justice Department programs 22 82 372 Postal Service 488 1,263 10,629 Public Debt Cash Issues (Table III-B) 603 75,574 399,497 Other Deposits: Total Other Deposits 0 138 4,963 Change in Balance of Uncollected Funds (closing balance $ 37) 95 56 122 Transfers from Depositaries 10,330 60,407 344,277 Total Federal Reserve Account 14,634 147,012 845,349 Tax and Loan Note Accounts: FTD's Received (Table IV) 7,700 24,363 137,729 Transfers from Federal Reserve Account (Table V) 4,254 10,315 144,771 Total Tax and Loan Note Accounts (Table V) 11,953 34,678 282,500 Total Deposits (excluding transfers) 12,004 110,968 638,801 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday November 05, 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 231 582 8,217 Defense Vendor Payments (EFT) 1,003 3,070 30,475 Education Department programs 473 909 8,839 Energy Department programs 66 343 2,951 Federal Employees Insurance Payments 132 451 5,552 Fed. Highway Administration programs 223 539 4,198 Federal Salaries (EFT) 1,120 4,095 15,901 Food and Nutrition Service (misc) 274 421 3,490 Food Stamps 167 226 2,001 GSA programs 14 427 1,714 Health and Human Services Grants (misc) 231 896 7,225 Housing and Urban Development programs 156 2,466 7,179 Interest on Treasury Securities 2 613 11,089 Justice Department programs 82 142 1,284 Labor Dept. prgms (excl. unemployment) 45 140 1,190 Medicaid 690 2,376 19,667 Medicare 748 10,027 47,733 NASA programs 118 272 1,268 Postal Service Money Orders and Other 318 598 5,104 Public Debt Cash Redemp. (Table III-B) 495 62,449 372,141 Social Security Benefits (EFT) 31 21,623 61,062 Temporary Assistance for Needy Families (HHS) 48 290 1,487 Unemployment Insurance Benefits 135 329 2,838 Veterans Affairs programs 140 359 2,609 Other Withdrawals: Emergency Prep & Response (DHS) 94 133 1,181 Thrift Savings Plan Transfer 343 661 3,412 Transportation Security Admin. (DHS) 10 16 237 Unclassified 3,354 5,355 27,791 Total, Other Withdrawals 3,802 22,761 76,301 Transfers to Depositaries 4,254 10,315 144,771 Total Federal Reserve Account 14,999 146,719 846,288 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 10,330 60,407 344,277 Total Withdrawals (excluding transfers) 10,745 136,404 701,517 Net Change in Operating Cash Balance 1,259 -25,436 -62,716 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday November 05, 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 -3 75,048 300,184 Cash Management Series 0 0 0 Notes 0 -1 90,375 Bonds 0 0 0 Inflation-Protected Securities Increment 129 144 -482 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 14 70 313 Interest Increment 0 526 1,201 Government Account Series 139,227 435,507 3,581,845 Domestic Series 0 0 247 Foreign Series 0 0 0 State and Local Series 529 981 9,717 Other 63 290 2,026 Total Issues 139,959 512,565 3,985,425 (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 59,043 304,187 Notes 0 0 53,144 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 70 181 1,354 Government Account Series 136,889 447,804 3,539,538 Domestic Series 0 0 247 Foreign Series 0 0 0 State and Local Series 359 2,936 10,886 Other 66 288 2,323 Total Redemptions 137,384 510,252 3,911,679 Net Change in Public Debt Outstanding 2,575 2,313 73,745 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday November 05, 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) 139,959 512,565 3,985,425 Premium on New Issues 0 0 151 Discount on New Issues: Bills (-) 0 814 3,592 Bonds and Notes (-) 0 0 127 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 139,227 435,507 3,581,845 Interest Increment on United States Savings Securities (-) 0 526 1,201 Inflation-Protected Securities Increment 129 144 -685 Total Public Debt Cash Issues Deposited in Federal Reserve Account 603 75,574 399,497 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 137,384 510,252 3,911,679 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 (-) 136,889 447,804 3,539,538 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 495 62,449 372,141 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday November 05, 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/ $ 5,081,641 $ 5,081,671 $ 5,067,079 $ 5,049,306 Intragovernmental Holdings 3,999,757 3,997,153 4,012,008 3,958,348 Total Public Debt Outstanding 9,081,399 9,078,824 9,079,086 9,007,653 Less: Debt Not Subject to Limit: Other Debt 502 502 502 502 Unamortized Discount 70,697 71,059 70,014 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 68 69 Total Public Debt Subject to Limit 8,996,268 8,993,331 8,994,639 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 $3,98 8 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Monday November 05, 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 $ 9,824 $ 30,332 $ 175,174 Individual Income Taxes 12 27 447 Railroad Retirement Taxes 28 54 476 Excise Taxes 14 41 4,275 Corporation Income Taxes 110 505 11,586 Federal Unemployment Taxes 7 27 741 Estate and Gift Taxes & Misc IRS Rcpts. 3 5 43 Change in Balance of Unclassified Taxes 71 333 258 Total 10,068 31,323 192,999 These Receipts were deposited in: Federal Reserve Account: Directly 133 432 3,209 Collector Depositaries 1,987 5,129 45,559 Tax and Loan Accounts 7,700 24,363 137,729 Inter-agency Transfers 249 1,399 6,502 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 5 $ 56 $ 1,526 $ 6,298 Deposits: Taxes Received (Table IV) 5 49 7,645 7,700 Transfers to Depositaries 0 4 250 254 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 4,000 Withdrawals: Treasury Initiated 0 0 2,165 2,165 Depositary Initiated 1 8 5,956 5,965 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 2,200 Closing Balance Today 9 101 1,300 7,921 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday November 05, 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 $ 13 $ 2,079 $ 6,345 Business 89 410 7,809 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.