1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday November 08, 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 $ 4,317 $ 4,902 $ 4,307 $ 5,539 Tax and Loan Note Accounts (Table V) 24,000 5,586 33,650 69,698 Total Operating Balance 28,317 10,488 37,957 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday November 08, 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) 23 100 566 Commodity Credit Corporation programs 70 177 1,316 Customs and Certain Excise Taxes 75 525 3,696 Deposits by States: Supplemental Security Income 0 2 412 Unemployment 191 2,609 4,031 Education Department programs 47 373 1,733 Energy Department programs 8 95 761 Estate and Gift Taxes 85 707 3,086 Federal Reserve Earnings 0 602 3,817 Foreign Deposits, Military Sales 47 876 2,035 FTD's Received (Table IV) 601 11,147 54,353 Housing and Urban Development programs 8 119 606 Individual Income and Employment Taxes, Not Withheld 257 1,310 18,064 Interest recd from T&L Depositaries 3 15 179 Justice Department programs 4 103 393 Postal Service 367 2,705 12,072 Public Debt Cash Issues (Table III-B) 81,056 156,988 480,911 Other Deposits: Air Transport Security Fees 1 4 207 Federal Housing Admin: Note Sales 61 118 204 Gas and Oil Lease Sales Proceeds 108 158 638 Total Other Deposits 170 674 5,499 Change in Balance of Uncollected Funds (closing balance $ 170) 56 -78 -12 Transfers from Depositaries 2,987 75,933 359,803 Total Federal Reserve Account 86,054 254,984 953,321 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,568 31,339 144,705 Transfers from Federal Reserve Account (Table V) 19,833 34,944 169,399 Total Tax and Loan Note Accounts (Table V) 21,400 66,282 314,105 Total Deposits (excluding transfers) 84,635 210,390 738,223 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday November 08, 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 204 1,127 8,761 Defense Vendor Payments (EFT) 1,066 6,679 34,084 Education Department programs 142 1,655 9,584 Energy Department programs 108 578 3,187 Federal Employees Insurance Payments 303 1,038 6,139 Fed. Highway Administration programs 207 956 4,616 Federal Salaries (EFT) 835 5,535 17,342 Food and Nutrition Service (misc) 150 867 3,936 Food Stamps 82 471 2,247 GSA programs 70 563 1,850 Health and Human Services Grants (misc) 453 1,794 8,123 Housing and Urban Development programs 119 2,861 7,575 Interest on Treasury Securities 1 619 11,096 Justice Department programs 24 309 1,452 Labor Dept. prgms (excl. unemployment) 37 242 1,291 Medicaid 1,177 5,255 22,545 Medicare 955 13,568 51,274 NASA programs 58 369 1,365 Postal Service Money Orders and Other 182 1,198 5,704 Public Debt Cash Redemp. (Table III-B) 58,560 121,337 431,029 Social Security Benefits (EFT) 70 21,757 61,196 Temporary Assistance for Needy Families (HHS) 49 426 1,622 Unemployment Insurance Benefits 95 689 3,198 Veterans Affairs programs 69 736 2,986 Other Withdrawals: Small Business Administration 174 174 174 State Department 58 127 401 Thrift Savings Plan Transfer 136 967 3,718 Transportation Security Admin. (DHS) 6 26 247 Unclassified 1,414 11,264 33,701 Total, Other Withdrawals 1,787 29,402 82,942 Transfers to Depositaries 19,833 34,944 169,399 Total Federal Reserve Account 86,638 254,974 954,543 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 2,987 75,933 359,803 Total Withdrawals (excluding transfers) 66,805 220,030 785,143 Net Change in Operating Cash Balance 17,829 -9,640 -46,920 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday November 08, 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 80,363 155,411 380,547 Cash Management Series 0 0 0 Notes 0 -1 90,375 Bonds 0 0 0 Inflation-Protected Securities Increment 43 274 -352 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 8 102 345 Interest Increment 0 526 1,202 Government Account Series 144,335 856,855 4,003,192 Domestic Series 0 0 247 Foreign Series 0 0 0 State and Local Series 1,346 2,541 11,278 Other 149 559 2,295 Total Issues 226,245 1,016,268 4,489,127 (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 58,374 117,417 362,561 Notes 0 0 53,144 Bonds 0 0 1 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 51 348 1,521 Government Account Series 140,631 862,690 3,954,424 Domestic Series 0 0 247 Foreign Series 0 0 0 State and Local Series 5 3,030 10,980 Other 131 542 2,576 Total Redemptions 199,191 984,026 4,385,453 Net Change in Public Debt Outstanding 27,054 32,241 103,674 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday November 08, 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) 226,245 1,016,268 4,489,127 Premium on New Issues 0 0 151 Discount on New Issues: Bills (-) 810 1,625 4,402 Bonds and Notes (-) 0 0 127 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 144,335 856,855 4,003,192 Interest Increment on United States Savings Securities (-) 0 526 1,202 Inflation-Protected Securities Increment 43 274 -555 Total Public Debt Cash Issues Deposited in Federal Reserve Account 81,056 156,988 480,911 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 199,191 984,026 4,385,453 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 (-) 140,631 862,690 3,954,424 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 58,560 121,337 431,029 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday November 08, 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/ $ 5,105,251 $ 5,082,087 $ 5,067,079 $ 5,049,306 Intragovernmental Holdings 4,006,077 4,002,186 4,012,008 3,958,348 Total Public Debt Outstanding 9,111,328 9,084,274 9,079,086 9,007,653 Less: Debt Not Subject to Limit: Other Debt 502 502 502 502 Unamortized Discount 71,144 70,455 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 67 68 68 69 Total Public Debt Subject to Limit 9,025,748 8,999,385 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 $5,09 9 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Thursday November 08, 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 $ 2,226 $ 43,734 $ 188,575 Individual Income Taxes 4 45 465 Railroad Retirement Taxes 4 65 487 Excise Taxes 25 105 4,339 Corporation Income Taxes 38 629 11,710 Federal Unemployment Taxes 4 50 765 Estate and Gift Taxes & Misc IRS Rcpts. 1 10 48 Change in Balance of Unclassified Taxes 53 305 230 Total 2,356 44,943 206,619 These Receipts were deposited in: Federal Reserve Account: Directly 76 1,000 3,777 Collector Depositaries 525 10,147 50,577 Tax and Loan Accounts 1,568 31,339 144,705 Inter-agency Transfers 187 2,458 7,561 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 21 $ 152 $ 3,002 $ 5,586 Deposits: Taxes Received (Table IV) 2 23 1,542 1,568 Transfers to Depositaries 3 70 2,195 2,268 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 12,065 Repo Investment 0 0 0 5,500 Withdrawals: Treasury Initiated 0 0 0 0 Depositary Initiated 0 4 1,082 1,087 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,900 Closing Balance Today 26 241 5,657 24,000 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday November 08, 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 $ 24 $ 2,118 $ 6,385 Business 176 849 8,248 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.