1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday November 15, 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 $ 4,044 $ 5,540 $ 4,307 $ 5,539 Tax and Loan Note Accounts (Table V) 3,569 18,079 33,650 69,698 Total Operating Balance 7,613 23,619 37,957 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday November 15, 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) 15 159 624 Commodity Credit Corporation programs 20 255 1,394 Customs and Certain Excise Taxes 93 965 4,135 Deposits by States: Supplemental Security Income 0 3 412 Unemployment 41 2,914 4,336 Education Department programs 24 575 1,935 Energy Department programs 8 132 798 Estate and Gift Taxes 129 1,138 3,518 Federal Reserve Earnings 0 1,379 4,593 Foreign Deposits, Military Sales 35 984 2,142 FTD's Received (Table IV) 4,529 21,635 64,841 Housing and Urban Development programs 36 235 721 Individual Income and Employment Taxes, Not Withheld 321 2,242 18,996 Interest recd from T&L Depositaries 10 34 199 Justice Department programs 12 235 525 Postal Service 414 4,540 13,907 Public Debt Cash Issues (Table III-B) 127,234 284,693 608,616 Other Deposits: Total Other Deposits 0 1,633 6,457 Change in Balance of Uncollected Funds (closing balance $ 278) -125 -185 -119 Transfers from Depositaries 22,770 138,305 422,176 Total Federal Reserve Account 155,567 461,870 1,160,206 Tax and Loan Note Accounts: FTD's Received (Table IV) 6,661 53,677 167,043 Transfers from Federal Reserve Account (Table V) 1,600 54,548 189,004 Total Tax and Loan Note Accounts (Table V) 8,261 108,224 356,047 Total Deposits (excluding transfers) 139,457 377,241 905,074 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday November 15, 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 191 1,930 9,565 Defense Vendor Payments (EFT) 1,234 13,250 40,655 Education Department programs 347 3,995 11,924 Energy Department programs 159 1,041 3,650 Federal Employees Insurance Payments 219 2,152 7,253 Fed. Highway Administration programs 165 1,585 5,244 Federal Salaries (EFT) 271 6,175 17,981 Food and Nutrition Service (misc) 219 1,714 4,784 Food Stamps 105 1,035 2,810 GSA programs 118 805 2,092 Health and Human Services Grants (misc) 456 3,189 9,518 Housing and Urban Development programs 125 3,409 8,123 Interest on Treasury Securities 21,795 22,421 32,898 Justice Department programs 27 509 1,652 Labor Dept. prgms (excl. unemployment) 68 454 1,503 Medicaid 1,254 8,754 26,045 Medicare 1,721 19,271 56,977 NASA programs 104 636 1,631 Postal Service Money Orders and Other 155 1,976 6,482 Public Debt Cash Redemp. (Table III-B) 122,023 243,922 553,614 Social Security Benefits (EFT) 39 27,714 67,153 Temporary Assistance for Needy Families (HHS) 151 864 2,061 Unemployment Insurance Benefits 115 1,205 3,713 Veterans Affairs programs 67 1,159 3,409 Other Withdrawals: Export-Import Bank (net) -76 -91 -277 IRS Tax Refunds Business (EFT) 120 1,109 4,165 Military Active Duty Pay (EFT) 2,413 5,788 11,695 State Department 221 787 1,061 Thrift Savings Plan Transfer 311 1,323 4,075 Transportation Security Admin. (DHS) 7 60 281 Unclassified 1,341 15,369 37,805 Total, Other Withdrawals 4,336 38,420 91,960 Transfers to Depositaries 1,600 54,548 189,004 Total Federal Reserve Account 157,063 462,133 1,161,701 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 22,770 138,305 422,176 Total Withdrawals (excluding transfers) 155,463 407,585 972,698 Net Change in Operating Cash Balance -16,006 -30,344 -67,624 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday November 15, 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 84,437 239,842 464,977 Cash Management Series 15,000 15,000 15,000 Notes 19,675 19,674 110,049 Bonds 7,567 7,567 7,567 Inflation-Protected Securities Increment 44 576 -50 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 12 150 393 Interest Increment 0 527 1,203 Government Account Series 166,484 1,438,669 4,585,006 Domestic Series 0 0 247 Foreign Series 0 0 0 State and Local Series 960 3,725 12,461 Other 174 948 2,685 Total Issues 294,351 1,726,678 5,199,538 (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 59,430 176,847 421,991 Notes 50,620 50,620 103,763 Bonds 10,120 10,120 10,121 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 52 566 1,739 Government Account Series 169,448 1,448,636 4,540,371 Domestic Series 0 0 247 Foreign Series 0 0 0 State and Local Series 1,624 4,824 12,773 Other 178 945 2,980 Total Redemptions 291,471 1,692,558 5,093,985 Net Change in Public Debt Outstanding 2,880 34,120 105,553 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday November 15, 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) 294,351 1,726,678 5,199,538 Premium on New Issues 403 403 554 Discount on New Issues: Bills (-) 829 2,453 5,231 Bonds and Notes (-) 163 163 290 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 166,484 1,438,669 4,585,006 Interest Increment on United States Savings Securities (-) 0 527 1,203 Inflation-Protected Securities Increment 44 576 -253 Total Public Debt Cash Issues Deposited in Federal Reserve Account 127,234 284,693 608,616 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 291,471 1,692,558 5,093,985 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 (-) 169,448 1,448,636 4,540,371 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 122,023 243,922 553,614 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday November 15, 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/ $ 5,111,851 $ 5,106,181 $ 5,067,079 $ 5,049,306 Intragovernmental Holdings 4,001,355 4,004,145 4,012,008 3,958,348 Total Public Debt Outstanding 9,113,207 9,110,326 9,079,086 9,007,653 Less: Debt Not Subject to Limit: Other Debt 502 502 502 502 Unamortized Discount 71,120 70,413 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 69 67 68 69 Total Public Debt Subject to Limit 9,027,654 9,025,479 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 $1,61 3 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Thursday November 15, 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 $ 7,568 $ 69,272 $ 214,114 Individual Income Taxes 19 94 515 Railroad Retirement Taxes 5 140 561 Excise Taxes 47 2,980 7,214 Corporation Income Taxes 3,296 4,597 15,678 Federal Unemployment Taxes 5 66 781 Estate and Gift Taxes & Misc IRS Rcpts. 2 15 52 Change in Balance of Unclassified Taxes 281 710 635 Total 11,222 77,874 239,550 These Receipts were deposited in: Federal Reserve Account: Directly 207 2,125 4,902 Collector Depositaries 4,321 19,510 59,939 Tax and Loan Accounts 6,661 53,677 167,043 Inter-agency Transfers 33 2,563 7,666 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 14 $ 117 $ 1,583 $ 18,079 Deposits: Taxes Received (Table IV) 10 82 6,569 6,661 Transfers to Depositaries 0 0 0 0 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,600 Withdrawals: Treasury Initiated 0 0 1,369 1,370 Depositary Initiated 1 17 5,017 5,036 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 14,965 Repo Investment 0 0 0 1,400 Closing Balance Today 22 182 1,765 3,569 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday November 15, 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 $ 4,293 $ 8,560 Business 151 2,327 9,726 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.