1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday November 16, 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 $ 5,119 $ 4,044 $ 4,307 $ 5,539 Tax and Loan Note Accounts (Table V) 6,102 3,569 33,650 69,698 Total Operating Balance 11,221 7,613 37,957 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday November 16, 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) 11 170 635 Commodity Credit Corporation programs 28 283 1,422 Customs and Certain Excise Taxes 73 1,038 4,208 Deposits by States: Supplemental Security Income 0 3 413 Unemployment 66 2,980 4,402 Education Department programs 70 645 2,005 Energy Department programs 6 137 803 Estate and Gift Taxes 143 1,281 3,661 Federal Reserve Earnings 0 1,379 4,593 Foreign Deposits, Military Sales 8 992 2,150 FTD's Received (Table IV) 2,138 23,772 66,978 Housing and Urban Development programs 16 251 737 Individual Income and Employment Taxes, Not Withheld 166 2,408 19,163 Interest recd from T&L Depositaries 0 35 199 Justice Department programs 5 240 531 Postal Service 413 4,953 14,320 Public Debt Cash Issues (Table III-B) 130 284,822 608,745 Other Deposits: Total Other Deposits 0 1,633 6,457 Change in Balance of Uncollected Funds (closing balance $ 182) 96 -89 -23 Transfers from Depositaries 12,413 150,718 434,589 Total Federal Reserve Account 15,782 477,651 1,175,988 Tax and Loan Note Accounts: FTD's Received (Table IV) 10,702 64,378 177,745 Transfers from Federal Reserve Account (Table V) 4,244 58,791 193,247 Total Tax and Loan Note Accounts (Table V) 14,945 123,170 370,992 Total Deposits (excluding transfers) 14,071 391,312 919,145 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday November 16, 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 148 2,078 9,713 Defense Vendor Payments (EFT) 1,257 14,507 41,912 Education Department programs 282 4,276 12,206 Energy Department programs 115 1,156 3,765 Federal Employees Insurance Payments 200 2,352 7,453 Fed. Highway Administration programs 121 1,706 5,365 Federal Salaries (EFT) 2,601 8,776 20,582 Food and Nutrition Service (misc) 101 1,816 4,885 Food Stamps 72 1,107 2,882 GSA programs 20 825 2,112 Health and Human Services Grants (misc) 395 3,585 9,913 Housing and Urban Development programs 165 3,574 8,287 Interest on Treasury Securities 2 22,423 32,899 Justice Department programs 49 558 1,701 Labor Dept. prgms (excl. unemployment) 46 500 1,550 Medicaid 1,155 9,909 27,200 Medicare 1,317 20,588 58,294 NASA programs 35 671 1,666 Postal Service Money Orders and Other 190 2,167 6,673 Public Debt Cash Redemp. (Table III-B) 184 244,106 553,798 Social Security Benefits (EFT) 46 27,760 67,199 Temporary Assistance for Needy Families (HHS) 40 904 2,101 Unemployment Insurance Benefits 103 1,308 3,816 Veterans Affairs programs 92 1,251 3,501 Other Withdrawals: Environmental Protection Agency 52 52 52 Federal Financing Bank (net) 57 188 -597 Interior 133 559 1,543 IRS Tax Refunds Business (EFT) 113 1,222 4,278 IRS Tax Refunds Individual (EFT) 233 869 2,653 Thrift Savings Plan Transfer 95 1,419 4,170 Transportation Security Admin. (DHS) 3 63 284 Unclassified 1,040 16,409 38,845 Total, Other Withdrawals 1,727 40,147 93,687 Transfers to Depositaries 4,244 58,791 193,247 Total Federal Reserve Account 14,706 476,839 1,176,408 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 12,413 150,718 434,589 Total Withdrawals (excluding transfers) 10,463 418,048 983,161 Net Change in Operating Cash Balance 3,608 -26,736 -64,016 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday November 16, 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 -2 239,840 464,975 Cash Management Series 0 15,000 15,000 Notes 0 19,674 110,049 Bonds 0 7,567 7,567 Inflation-Protected Securities Increment 43 619 -7 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 17 168 410 Interest Increment 0 527 1,203 Government Account Series 149,077 1,587,746 4,734,083 Domestic Series 0 0 247 Foreign Series 0 0 0 State and Local Series 52 3,777 12,513 Other 62 1,010 2,747 Total Issues 149,249 1,875,928 5,348,787 (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 0 176,847 421,991 Notes 0 50,620 103,763 Bonds 0 10,120 10,121 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 46 612 1,785 Government Account Series 146,348 1,594,984 4,686,719 Domestic Series 0 0 247 Foreign Series 0 0 0 State and Local Series 70 4,895 12,844 Other 67 1,013 3,048 Total Redemptions 146,532 1,839,090 5,240,517 Net Change in Public Debt Outstanding 2,717 36,837 108,270 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday November 16, 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) 149,249 1,875,928 5,348,787 Premium on New Issues 0 403 554 Discount on New Issues: Bills (-) 0 2,453 5,231 Bonds and Notes (-) 0 163 290 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 149,077 1,587,746 4,734,083 Interest Increment on United States Savings Securities (-) 0 527 1,203 Inflation-Protected Securities Increment 43 619 -210 Total Public Debt Cash Issues Deposited in Federal Reserve Account 130 284,822 608,745 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 146,532 1,839,090 5,240,517 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 (-) 146,348 1,594,984 4,686,719 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 184 244,106 553,798 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday November 16, 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/ $ 5,111,878 $ 5,111,851 $ 5,067,079 $ 5,049,306 Intragovernmental Holdings 4,004,046 4,001,355 4,012,008 3,958,348 Total Public Debt Outstanding 9,115,924 9,113,207 9,079,086 9,007,653 Less: Debt Not Subject to Limit: Other Debt 502 502 502 502 Unamortized Discount 70,995 71,120 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 69 68 69 Total Public Debt Subject to Limit 9,030,495 9,027,654 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 $1,91 3 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Friday November 16, 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 $ 12,528 $ 81,800 $ 226,642 Individual Income Taxes 7 100 521 Railroad Retirement Taxes 62 202 623 Excise Taxes 14 2,995 7,229 Corporation Income Taxes 267 4,863 15,944 Federal Unemployment Taxes 2 69 783 Estate and Gift Taxes & Misc IRS Rcpts. 0 15 53 Change in Balance of Unclassified Taxes 793 1,503 1,428 Total 13,673 91,547 253,223 These Receipts were deposited in: Federal Reserve Account: Directly 103 2,228 5,004 Collector Depositaries 2,035 21,544 61,974 Tax and Loan Accounts 10,702 64,378 177,745 Inter-agency Transfers 834 3,397 8,500 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 22 $ 182 $ 1,765 $ 3,569 Deposits: Taxes Received (Table IV) 13 96 10,593 10,702 Transfers to Depositaries 0 7 335 342 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 2,002 Repo Investment 0 0 0 1,900 Withdrawals: Treasury Initiated 0 182 2,138 2,320 Depositary Initiated 3 7 8,482 8,493 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,600 Closing Balance Today 32 95 2,073 6,102 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday November 16, 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 $ 2,856 $ 7,149 $ 11,416 Business 192 2,519 9,919 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.