1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday December 03, 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 $ 4,530 $ 4,669 $ 4,669 $ 5,539 Tax and Loan Note Accounts (Table V) 8,285 3,875 3,875 69,698 Total Operating Balance 12,816 8,544 8,544 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday December 03, 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) 28 28 867 Commodity Credit Corporation programs 30 30 1,672 Customs and Certain Excise Taxes 78 78 6,255 Deposits by States: Supplemental Security Income 0 0 803 Unemployment 23 23 4,659 Education Department programs 37 37 2,547 Energy Department programs 52 52 1,187 Estate and Gift Taxes 76 76 4,706 Federal Reserve Earnings 0 0 6,233 Foreign Deposits, Military Sales 843 843 3,156 FTD's Received (Table IV) 3,203 3,203 86,745 Housing and Urban Development programs 26 26 968 Individual Income and Employment Taxes, Not Withheld 194 194 21,353 Interest recd from T&L Depositaries 0 0 209 Justice Department programs 5 5 763 Postal Service 442 442 18,496 Public Debt Cash Issues (Table III-B) 30,727 30,727 849,688 Other Deposits: Air Transport Security Fees 2 2 411 Defense Finance & Accounting Service 51 51 1,394 Total Other Deposits 54 54 10,138 Change in Balance of Uncollected Funds (closing balance $ 43) 81 81 116 Transfers from Depositaries 15,907 15,907 518,423 Total Federal Reserve Account 51,805 51,805 1,538,985 Tax and Loan Note Accounts: FTD's Received (Table IV) 17,862 17,862 233,701 Transfers from Federal Reserve Account (Table V) 2,455 2,455 223,309 Total Tax and Loan Note Accounts (Table V) 20,317 20,317 457,010 Total Deposits (excluding transfers) 53,760 53,760 1,254,263 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday December 03, 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 199 199 11,472 Defense Vendor Payments (EFT) 638 638 55,826 Education Department programs 253 253 15,177 Energy Department programs 65 65 5,069 Federal Employees Insurance Payments 159 159 9,750 Fed. Highway Administration programs 147 147 6,686 Federal Salaries (EFT) 1,409 1,409 27,675 Food and Nutrition Service (misc) 227 227 6,441 Food Stamps 112 112 3,581 GSA programs 372 372 2,930 Health and Human Services Grants (misc) 291 291 13,275 Housing and Urban Development programs 2,096 2,096 11,490 Interest on Treasury Securities 1,070 1,070 37,490 Justice Department programs 17 17 2,164 Labor Dept. prgms (excl. unemployment) 46 46 2,172 Medicaid 862 862 34,904 Medicare 1,040 1,040 81,659 NASA programs 6 6 2,326 Postal Service Money Orders and Other 291 291 8,726 Public Debt Cash Redemp. (Table III-B) 7,644 7,644 739,956 Social Security Benefits (EFT) 21,715 21,715 100,692 Temporary Assistance for Needy Families (HHS) 111 111 3,121 Unemployment Insurance Benefits 137 137 5,124 Veterans Affairs programs 127 127 4,480 Other Withdrawals: Civil Service Retirement (EFT) 4,080 4,080 12,225 Export-Import Bank (net) -54 -54 -356 Military Retirement (EFT) 3,313 3,313 9,920 Railroad Retirement (EFT) 765 765 2,291 Thrift Savings Plan Transfer 157 157 4,707 Unclassified 2,192 2,192 51,544 Total, Other Withdrawals 10,453 10,453 124,499 Transfers to Depositaries 2,455 2,455 223,309 Total Federal Reserve Account 51,944 51,944 1,539,993 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 15,907 15,907 518,423 Total Withdrawals (excluding transfers) 49,488 49,488 1,316,684 Net Change in Operating Cash Balance 4,272 4,272 -62,422 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday December 03, 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 -1 -1 633,702 Cash Management Series 30,000 30,000 45,000 Notes 0 0 150,548 Bonds 0 0 7,567 Inflation-Protected Securities Increment 108 108 704 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 32 32 578 Interest Increment 555 555 1,760 Government Account Series 151,269 151,269 6,219,062 Domestic Series 0 0 247 Foreign Series 0 0 0 State and Local Series 676 676 14,848 Other 65 65 3,591 Total Issues 182,704 182,704 7,077,607 (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 0 571,735 Notes 0 0 130,430 Bonds 0 0 10,123 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 64 64 2,292 Government Account Series 169,415 169,415 6,190,318 Domestic Series 0 0 247 Foreign Series 0 0 0 State and Local Series 7,512 7,512 21,255 Other 67 67 3,873 Total Redemptions 177,059 177,059 6,930,274 Net Change in Public Debt Outstanding 5,645 5,645 147,333 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday December 03, 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) 182,704 182,704 7,077,607 Premium on New Issues 0 0 554 Discount on New Issues: Bills (-) 45 45 6,814 Bonds and Notes (-) 0 0 335 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 151,269 151,269 6,219,062 Interest Increment on United States Savings Securities (-) 555 555 1,760 Inflation-Protected Securities Increment 108 108 501 Total Public Debt Cash Issues Deposited in Federal Reserve Account 30,727 30,727 849,688 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 177,059 177,059 6,930,274 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 (-) 169,415 169,415 6,190,318 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 7,644 7,644 739,956 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday December 03, 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/ $ 5,170,372 $ 5,146,579 $ 5,146,579 $ 5,049,306 Intragovernmental Holdings 3,984,614 4,002,762 4,002,762 3,958,348 Total Public Debt Outstanding 9,154,987 9,149,341 9,149,341 9,007,653 Less: Debt Not Subject to Limit: Other Debt 501 501 501 502 Unamortized Discount 68,756 69,082 69,082 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 69 69 Total Public Debt Subject to Limit 9,071,798 9,065,827 9,065,827 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 $2,00 4 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Monday December 03, 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 $ 21,473 $ 21,473 $ 302,550 Individual Income Taxes 12 12 628 Railroad Retirement Taxes 76 76 825 Excise Taxes 8 8 10,030 Corporation Income Taxes 100 100 16,654 Federal Unemployment Taxes 3 3 811 Estate and Gift Taxes & Misc IRS Rcpts. 2 2 74 Change in Balance of Unclassified Taxes 111 111 38 Total 21,785 21,785 331,610 These Receipts were deposited in: Federal Reserve Account: Directly 77 77 6,384 Collector Depositaries 3,126 3,126 80,361 Tax and Loan Accounts 17,862 17,862 233,701 Inter-agency Transfers 719 719 11,164 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 15 $ 162 $ 3,698 $ 3,875 Deposits: Taxes Received (Table IV) 6 72 17,784 17,862 Transfers to Depositaries 0 4 451 455 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 2,000 Withdrawals: Treasury Initiated 0 0 9,600 9,600 Depositary Initiated 2 21 6,284 6,307 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 19 217 6,049 8,285 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday December 03, 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 $ 6 $ 6 $ 14,043 Business 61 61 11,666 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.