1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday November 20, 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 $ 5,591 $ 4,397 $ 4,307 $ 5,539 Tax and Loan Note Accounts (Table V) 3,802 8,926 33,650 69,698 Total Operating Balance 9,393 13,323 37,957 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday November 20, 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) 21 205 671 Commodity Credit Corporation programs 22 327 1,466 Customs and Certain Excise Taxes 129 1,239 4,409 Deposits by States: Supplemental Security Income 0 3 413 Unemployment 22 3,039 4,461 Education Department programs 60 762 2,122 Energy Department programs 28 179 845 Estate and Gift Taxes 56 1,424 3,803 Federal Reserve Earnings 0 1,379 4,593 Foreign Deposits, Military Sales 17 1,024 2,183 FTD's Received (Table IV) 747 26,493 69,699 Housing and Urban Development programs 29 305 791 Individual Income and Employment Taxes, Not Withheld 261 2,870 19,625 Interest recd from T&L Depositaries 1 37 201 Justice Department programs 13 278 568 Postal Service 490 5,895 15,261 Public Debt Cash Issues (Table III-B) 684 285,678 609,601 Other Deposits: Minerals Management Svc/Collections 205 263 1,465 Total Other Deposits 205 1,896 6,721 Change in Balance of Uncollected Funds (closing balance $ 114) -85 -21 45 Transfers from Depositaries 8,740 169,201 453,072 Total Federal Reserve Account 11,441 502,212 1,200,549 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,477 73,827 187,193 Transfers from Federal Reserve Account (Table V) 2,139 65,526 199,982 Total Tax and Loan Note Accounts (Table V) 3,616 139,352 387,175 Total Deposits (excluding transfers) 4,177 406,838 934,671 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday November 20, 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 178 2,491 10,126 Defense Vendor Payments (EFT) 1,898 17,732 45,137 Education Department programs 369 5,134 13,064 Energy Department programs 117 1,369 3,978 Federal Employees Insurance Payments 146 2,665 7,766 Fed. Highway Administration programs 142 1,950 5,610 Federal Salaries (EFT) 376 10,431 22,237 Food and Nutrition Service (misc) 129 2,260 5,330 Food Stamps 70 1,343 3,119 GSA programs 28 894 2,181 Health and Human Services Grants (misc) 288 4,160 10,488 Housing and Urban Development programs 155 3,827 8,541 Interest on Treasury Securities 2 22,427 32,904 Justice Department programs 41 655 1,797 Labor Dept. prgms (excl. unemployment) 32 595 1,644 Medicaid 723 11,820 29,110 Medicare 1,624 23,256 60,963 NASA programs 41 751 1,746 Postal Service Money Orders and Other 192 2,648 7,154 Public Debt Cash Redemp. (Table III-B) 142 244,426 554,119 Social Security Benefits (EFT) 14 27,818 67,257 Temporary Assistance for Needy Families (HHS) 60 1,050 2,247 Unemployment Insurance Benefits 159 1,591 4,100 Veterans Affairs programs 116 1,502 3,752 Other Withdrawals: Federal Aviation Administration 51 478 1,235 Interior 74 667 1,652 Transportation Security Admin. (DHS) 1 79 299 USDA: Forest Service 78 155 312 Unclassified 862 18,367 40,803 Total, Other Withdrawals 1,067 42,605 96,145 Transfers to Depositaries 2,139 65,526 199,982 Total Federal Reserve Account 10,246 500,927 1,200,496 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 8,740 169,201 453,072 Total Withdrawals (excluding transfers) 8,107 435,402 1,000,515 Net Change in Operating Cash Balance -3,930 -28,564 -65,844 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday November 20, 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 0 239,837 464,972 Cash Management Series 0 15,000 15,000 Notes 0 19,674 110,049 Bonds 0 7,567 7,567 Inflation-Protected Securities Increment 43 791 165 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 14 197 439 Interest Increment 1 528 1,204 Government Account Series 150,132 1,888,310 5,034,648 Domestic Series 0 0 247 Foreign Series 0 0 0 State and Local Series 613 4,482 13,219 Other 57 1,135 2,871 Total Issues 150,860 2,177,521 5,650,381 (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 10,121 10,122 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 52 719 1,893 Government Account Series 145,754 1,886,944 4,978,679 Domestic Series 0 0 247 Foreign Series 0 0 0 State and Local Series 34 4,992 12,941 Other 56 1,128 3,162 Total Redemptions 145,896 2,131,371 5,532,798 Net Change in Public Debt Outstanding 4,964 46,151 117,584 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday November 20, 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) 150,860 2,177,521 5,650,381 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 (-) 150,132 1,888,310 5,034,648 Interest Increment on United States Savings Securities (-) 1 528 1,204 Inflation-Protected Securities Increment 43 791 -38 Total Public Debt Cash Issues Deposited in Federal Reserve Account 684 285,678 609,601 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 145,896 2,131,371 5,532,798 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 (-) 145,754 1,886,944 4,978,679 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 142 244,426 554,119 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday November 20, 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/ $ 5,112,756 $ 5,111,991 $ 5,067,079 $ 5,049,306 Intragovernmental Holdings 4,012,480 4,008,282 4,012,008 3,958,348 Total Public Debt Outstanding 9,125,237 9,120,273 9,079,086 9,007,653 Less: Debt Not Subject to Limit: Other Debt 501 502 502 502 Unamortized Discount 70,497 70,621 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 9,040,308 9,035,219 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 $1,90 8 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Tuesday November 20, 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 $ 2,876 $ 94,734 $ 239,576 Individual Income Taxes 12 125 546 Railroad Retirement Taxes 1 230 652 Excise Taxes 16 3,040 7,274 Corporation Income Taxes 78 4,975 16,056 Federal Unemployment Taxes 3 75 789 Estate and Gift Taxes & Misc IRS Rcpts. 3 21 58 Change in Balance of Unclassified Taxes -368 1,253 1,178 Total 2,622 104,453 266,129 These Receipts were deposited in: Federal Reserve Account: Directly 79 2,355 5,132 Collector Depositaries 668 24,138 64,567 Tax and Loan Accounts 1,477 73,827 187,193 Inter-agency Transfers 398 4,133 9,236 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 37 $ 172 $ 3,215 $ 8,926 Deposits: Taxes Received (Table IV) 5 41 1,431 1,477 Transfers to Depositaries 0 2 237 239 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,900 Withdrawals: Treasury Initiated 0 0 2,218 2,218 Depositary Initiated 2 11 1,008 1,020 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 2,002 Repo Investment 0 0 0 3,500 Closing Balance Today 41 204 1,657 3,802 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday November 20, 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 $ 40 $ 7,210 $ 11,476 Business 535 3,140 10,539 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.