1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday November 23, 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 $ 5,418 $ 5,324 $ 4,307 $ 5,539 Tax and Loan Note Accounts (Table V) 8,910 413 33,650 69,698 Total Operating Balance 14,328 5,737 37,957 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday November 23, 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) 11 240 706 Commodity Credit Corporation programs 21 366 1,506 Customs and Certain Excise Taxes 88 1,442 4,612 Deposits by States: Supplemental Security Income 2 6 415 Unemployment 11 3,080 4,502 Education Department programs 42 878 2,238 Energy Department programs 37 250 916 Estate and Gift Taxes 219 1,854 4,233 Federal Reserve Earnings 0 1,968 5,183 Foreign Deposits, Military Sales 58 1,088 2,246 FTD's Received (Table IV) 1,557 32,368 75,574 Housing and Urban Development programs 13 342 828 Individual Income and Employment Taxes, Not Withheld 171 3,376 20,131 Interest recd from T&L Depositaries 2 39 203 Justice Department programs 10 294 585 Postal Service 394 6,716 16,082 Public Debt Cash Issues (Table III-B) 82,021 367,835 691,757 Other Deposits: Air Transport Security Fees 1 9 212 Commodity Futures Trading Commission 125 125 125 Total Other Deposits 126 2,022 6,847 Change in Balance of Uncollected Funds (closing balance $ 63) 68 29 95 Transfers from Depositaries 4,675 182,111 465,982 Total Federal Reserve Account 89,526 606,304 1,304,641 Tax and Loan Note Accounts: FTD's Received (Table IV) 6,475 85,147 198,514 Transfers from Federal Reserve Account (Table V) 6,698 72,223 206,679 Total Tax and Loan Note Accounts (Table V) 13,172 157,371 405,193 Total Deposits (excluding transfers) 91,325 509,340 1,037,174 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday November 23, 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 144 2,840 10,475 Defense Vendor Payments (EFT) 1,561 20,898 48,303 Education Department programs 207 5,516 13,446 Energy Department programs 76 1,768 4,377 Federal Employees Insurance Payments 190 3,413 8,514 Fed. Highway Administration programs 93 2,228 5,888 Federal Salaries (EFT) 90 11,252 23,058 Food and Nutrition Service (misc) 129 2,552 5,621 Food Stamps 101 1,510 3,285 GSA programs 81 1,018 2,305 Health and Human Services Grants (misc) 271 4,758 11,087 Housing and Urban Development programs 134 4,068 8,782 Interest on Treasury Securities 2 22,432 32,908 Justice Department programs 96 802 1,945 Labor Dept. prgms (excl. unemployment) 120 801 1,851 Medicaid 691 13,134 30,425 Medicare 1,297 26,122 63,828 NASA programs 104 930 1,926 Postal Service Money Orders and Other 150 2,938 7,444 Public Debt Cash Redemp. (Table III-B) 75,822 320,451 630,143 Social Security Benefits (EFT) 4 33,579 73,018 Temporary Assistance for Needy Families (HHS) 35 1,129 2,326 Unemployment Insurance Benefits 81 1,815 4,323 Veterans Affairs programs 87 1,637 3,887 Other Withdrawals: IRS Tax Refunds Business (EFT) 135 1,419 4,475 IRS Tax Refunds Individual (EFT) 68 934 2,718 Transportation Security Admin. (DHS) 8 98 319 U.S. District Courts (net) -298 -270 -295 Unclassified 1,257 20,879 43,315 Total, Other Withdrawals 1,170 45,379 98,918 Transfers to Depositaries 6,698 72,223 206,679 Total Federal Reserve Account 89,432 605,193 1,304,762 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 4,675 182,111 465,982 Total Withdrawals (excluding transfers) 82,735 532,970 1,098,083 Net Change in Operating Cash Balance 8,590 -23,630 -60,909 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday November 23, 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 82,610 322,447 547,583 Cash Management Series 0 15,000 15,000 Notes 0 19,674 110,049 Bonds 0 7,567 7,567 Inflation-Protected Securities Increment 87 921 295 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 13 223 465 Interest Increment 0 528 1,204 Government Account Series 149,118 2,183,867 5,330,205 Domestic Series 0 0 247 Foreign Series 0 0 0 State and Local Series 0 4,551 13,288 Other 158 1,347 3,084 Total Issues 231,986 2,556,126 6,028,985 (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 75,618 252,464 497,609 Notes 0 50,620 103,763 Bonds 0 10,121 10,122 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 41 810 1,983 Government Account Series 145,391 2,183,871 5,275,606 Domestic Series 0 0 247 Foreign Series 0 0 0 State and Local Series 24 5,114 13,064 Other 140 1,322 3,357 Total Redemptions 221,213 2,504,322 5,905,749 Net Change in Public Debt Outstanding 10,773 51,803 123,236 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday November 23, 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) 231,986 2,556,126 6,028,985 Premium on New Issues 0 403 554 Discount on New Issues: Bills (-) 761 3,214 5,991 Bonds and Notes (-) 0 163 290 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 149,118 2,183,867 5,330,205 Interest Increment on United States Savings Securities (-) 0 528 1,204 Inflation-Protected Securities Increment 87 921 92 Total Public Debt Cash Issues Deposited in Federal Reserve Account 82,021 367,835 691,757 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 221,213 2,504,322 5,905,749 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 (-) 145,391 2,183,871 5,275,606 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 75,822 320,451 630,143 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday November 23, 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/ $ 5,119,724 $ 5,112,702 $ 5,067,079 $ 5,049,306 Intragovernmental Holdings 4,011,165 4,007,414 4,012,008 3,958,348 Total Public Debt Outstanding 9,130,890 9,120,116 9,079,086 9,007,653 Less: Debt Not Subject to Limit: Other Debt 501 501 502 502 Unamortized Discount 70,884 70,376 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 9,045,574 9,035,308 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/The par value of securities held by Treasury under repurchase agreements pl us the inflation compensation, less unamortized discount on bills was $1,50 6 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Friday November 23, 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 $ 7,990 $ 112,610 $ 257,452 Individual Income Taxes 10 144 564 Railroad Retirement Taxes 27 265 687 Excise Taxes 109 3,178 7,412 Corporation Income Taxes 44 5,075 16,156 Federal Unemployment Taxes 3 83 797 Estate and Gift Taxes & Misc IRS Rcpts. 1 22 60 Change in Balance of Unclassified Taxes -132 529 454 Total 8,052 121,905 283,581 These Receipts were deposited in: Federal Reserve Account: Directly 68 2,496 5,273 Collector Depositaries 1,489 29,872 70,301 Tax and Loan Accounts 6,475 85,147 198,514 Inter-agency Transfers 20 4,390 9,493 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 9 $ 88 $ 316 $ 413 Deposits: Taxes Received (Table IV) 6 61 6,408 6,475 Transfers to Depositaries 2 45 1,224 1,271 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 3,927 Repo Investment 0 0 0 1,500 Withdrawals: Treasury Initiated 0 0 0 0 Depositary Initiated 1 11 4,664 4,675 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 16 183 3,284 8,910 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday November 23, 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 $ 2,427 $ 9,645 $ 13,912 Business 259 3,476 10,875 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.