1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday November 21, 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 $ 5,324 $ 5,591 $ 4,307 $ 5,539 Tax and Loan Note Accounts (Table V) 413 3,802 33,650 69,698 Total Operating Balance 5,737 9,393 37,957 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday November 21, 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) 24 230 695 Commodity Credit Corporation programs 18 345 1,484 Customs and Certain Excise Taxes 115 1,354 4,524 Deposits by States: Supplemental Security Income 0 3 413 Unemployment 30 3,069 4,491 Education Department programs 74 836 2,196 Energy Department programs 33 212 878 Estate and Gift Taxes 210 1,634 4,014 Federal Reserve Earnings 590 1,968 5,183 Foreign Deposits, Military Sales 6 1,030 2,188 FTD's Received (Table IV) 4,318 30,811 74,017 Housing and Urban Development programs 24 329 815 Individual Income and Employment Taxes, Not Withheld 336 3,206 19,961 Interest recd from T&L Depositaries 0 37 201 Justice Department programs 7 285 575 Postal Service 427 6,322 15,688 Public Debt Cash Issues (Table III-B) 136 285,814 609,737 Other Deposits: Total Other Deposits 0 1,896 6,721 Change in Balance of Uncollected Funds (closing balance $ 132) -18 -39 27 Transfers from Depositaries 8,235 177,436 461,306 Total Federal Reserve Account 14,567 516,778 1,215,115 Tax and Loan Note Accounts: FTD's Received (Table IV) 4,846 78,673 192,039 Transfers from Federal Reserve Account (Table V) 0 65,526 199,982 Total Tax and Loan Note Accounts (Table V) 4,846 144,198 392,021 Total Deposits (excluding transfers) 11,178 418,016 945,849 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday November 21, 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 205 2,696 10,331 Defense Vendor Payments (EFT) 1,605 19,337 46,742 Education Department programs 175 5,309 13,239 Energy Department programs 323 1,692 4,301 Federal Employees Insurance Payments 558 3,223 8,324 Fed. Highway Administration programs 185 2,135 5,795 Federal Salaries (EFT) 731 11,162 22,968 Food and Nutrition Service (misc) 162 2,423 5,492 Food Stamps 65 1,409 3,184 GSA programs 42 937 2,224 Health and Human Services Grants (misc) 328 4,487 10,816 Housing and Urban Development programs 107 3,934 8,648 Interest on Treasury Securities 2 22,430 32,906 Justice Department programs 52 706 1,849 Labor Dept. prgms (excl. unemployment) 86 681 1,731 Medicaid 623 12,443 29,734 Medicare 1,568 24,825 62,531 NASA programs 76 827 1,822 Postal Service Money Orders and Other 140 2,788 7,294 Public Debt Cash Redemp. (Table III-B) 202 244,629 554,321 Social Security Benefits (EFT) 5,757 33,575 73,014 Temporary Assistance for Needy Families (HHS) 44 1,094 2,291 Unemployment Insurance Benefits 142 1,733 4,242 Veterans Affairs programs 49 1,550 3,800 Other Withdrawals: Agency for Internat'l Development 86 589 1,820 Emergency Prep & Response (DHS) 62 535 1,582 Federal Transit Admin. 72 173 687 Interior 52 719 1,704 Thrift Savings Plan Transfer 64 1,610 4,361 Transportation Security Admin. (DHS) 12 91 312 Unclassified 1,255 19,621 42,058 Total, Other Withdrawals 1,603 44,209 97,749 Transfers to Depositaries 0 65,526 199,982 Total Federal Reserve Account 14,834 515,761 1,215,330 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 8,235 177,436 461,306 Total Withdrawals (excluding transfers) 14,834 450,235 1,015,348 Net Change in Operating Cash Balance -3,656 -32,220 -69,500 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday November 21, 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 43 834 208 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 13 210 453 Interest Increment 0 528 1,204 Government Account Series 146,439 2,034,749 5,181,086 Domestic Series 0 0 247 Foreign Series 0 0 0 State and Local Series 69 4,551 13,287 Other 54 1,189 2,925 Total Issues 146,618 2,324,139 5,796,999 (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 49 769 1,942 Government Account Series 151,536 2,038,480 5,130,215 Domestic Series 0 0 247 Foreign Series 0 0 0 State and Local Series 99 5,091 13,040 Other 54 1,182 3,217 Total Redemptions 151,739 2,283,109 5,684,536 Net Change in Public Debt Outstanding -5,121 41,030 112,463 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday November 21, 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) 146,618 2,324,139 5,796,999 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 (-) 146,439 2,034,749 5,181,086 Interest Increment on United States Savings Securities (-) 0 528 1,204 Inflation-Protected Securities Increment 43 834 5 Total Public Debt Cash Issues Deposited in Federal Reserve Account 136 285,814 609,737 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 151,739 2,283,109 5,684,536 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 (-) 151,536 2,038,480 5,130,215 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 202 244,629 554,321 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday November 21, 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 $ 5,112,702 $ 5,112,756 $ 5,067,079 $ 5,049,306 Intragovernmental Holdings 4,007,414 4,012,480 4,012,008 3,958,348 Total Public Debt Outstanding 9,120,116 9,125,237 9,079,086 9,007,653 Less: Debt Not Subject to Limit: Other Debt 501 501 502 502 Unamortized Discount 70,376 70,497 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 9,035,308 9,040,308 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 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Wednesday November 21, 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 $ 9,886 $ 104,621 $ 249,462 Individual Income Taxes 8 133 554 Railroad Retirement Taxes 8 238 660 Excise Taxes 29 3,069 7,303 Corporation Income Taxes 55 5,031 16,112 Federal Unemployment Taxes 4 80 794 Estate and Gift Taxes & Misc IRS Rcpts. 1 21 59 Change in Balance of Unclassified Taxes -592 661 586 Total 9,400 113,853 275,529 These Receipts were deposited in: Federal Reserve Account: Directly 73 2,428 5,205 Collector Depositaries 4,245 28,383 68,812 Tax and Loan Accounts 4,846 78,673 192,039 Inter-agency Transfers 237 4,370 9,473 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 41 $ 204 $ 1,657 $ 3,802 Deposits: Taxes Received (Table IV) 10 99 4,737 4,846 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 0 Withdrawals: Treasury Initiated 41 204 2,822 3,067 Depositary Initiated 1 10 3,256 3,268 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,900 Closing Balance Today 9 88 316 413 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday November 21, 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 $ 9 $ 7,218 $ 11,485 Business 77 3,217 10,616 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.