1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday December 04, 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 $ 4,793 $ 4,530 $ 4,669 $ 5,539 Tax and Loan Note Accounts (Table V) 2,755 8,285 3,875 69,698 Total Operating Balance 7,548 12,816 8,544 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday December 04, 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) 40 68 907 Commodity Credit Corporation programs 20 50 1,692 Customs and Certain Excise Taxes 91 169 6,345 Deposits by States: Supplemental Security Income 0 0 803 Unemployment 23 45 4,682 Education Department programs 89 126 2,636 Energy Department programs 15 67 1,201 Estate and Gift Taxes 57 133 4,763 Federal Reserve Earnings 0 0 6,233 Foreign Deposits, Military Sales 3 847 3,159 FTD's Received (Table IV) 818 4,021 87,563 Housing and Urban Development programs 34 60 1,002 Individual Income and Employment Taxes, Not Withheld 227 421 21,580 Interest recd from T&L Depositaries 0 0 210 Justice Department programs 22 27 784 Postal Service 584 1,026 19,080 Public Debt Cash Issues (Table III-B) 754 31,482 850,443 Other Deposits: Total Other Deposits 0 54 10,138 Change in Balance of Uncollected Funds (closing balance $ 98) -56 25 60 Transfers from Depositaries 8,910 24,816 527,333 Total Federal Reserve Account 11,632 63,437 1,550,617 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,763 19,625 235,463 Transfers from Federal Reserve Account (Table V) 1,617 4,072 224,926 Total Tax and Loan Note Accounts (Table V) 3,379 23,697 460,389 Total Deposits (excluding transfers) 4,485 58,245 1,258,747 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday December 04, 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 187 386 11,659 Defense Vendor Payments (EFT) 1,941 2,579 57,767 Education Department programs 188 441 15,365 Energy Department programs 92 157 5,161 Federal Employees Insurance Payments 144 303 9,894 Fed. Highway Administration programs 125 272 6,811 Federal Salaries (EFT) 570 1,979 28,245 Food and Nutrition Service (misc) 132 358 6,573 Food Stamps 63 175 3,644 GSA programs 19 391 2,949 Health and Human Services Grants (misc) 292 583 13,567 Housing and Urban Development programs 122 2,219 11,612 Interest on Treasury Securities 2 1,072 37,491 Justice Department programs 44 61 2,208 Labor Dept. prgms (excl. unemployment) 23 69 2,195 Medicaid 482 1,344 35,386 Medicare 1,455 2,494 83,113 NASA programs 66 73 2,392 Postal Service Money Orders and Other 216 508 8,943 Public Debt Cash Redemp. (Table III-B) 132 7,776 740,088 Social Security Benefits (EFT) 46 21,761 100,738 Temporary Assistance for Needy Families (HHS) 68 179 3,189 Unemployment Insurance Benefits 163 300 5,288 Veterans Affairs programs 92 220 4,572 Other Withdrawals: IRS Tax Refunds Business (EFT) 160 162 4,745 Supple. Security Income Benefits (EFT) 70 70 6,014 Thrift Savings Plan Transfer 219 377 4,926 Transportation Security Admin. (DHS) 5 5 388 USDA: Forest Service 81 81 394 Unclassified 2,551 4,743 54,094 Total, Other Withdrawals 3,086 13,540 127,585 Transfers to Depositaries 1,617 4,072 224,926 Total Federal Reserve Account 11,369 63,313 1,551,362 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 8,910 24,816 527,333 Total Withdrawals (excluding transfers) 9,752 59,241 1,326,437 Net Change in Operating Cash Balance -5,268 -996 -67,689 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday December 04, 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 -1 633,702 Cash Management Series 0 30,000 45,000 Notes -2 -1 150,547 Bonds 0 0 7,567 Inflation-Protected Securities Increment 33 141 737 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 34 66 612 Interest Increment 0 555 1,760 Government Account Series 144,787 296,056 6,363,849 Domestic Series 0 0 247 Foreign Series 0 0 0 State and Local Series 659 1,336 15,508 Other 63 127 3,653 Total Issues 145,574 328,278 7,223,181 (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 10,124 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 69 133 2,361 Government Account Series 137,110 306,525 6,327,428 Domestic Series 0 0 247 Foreign Series 0 0 0 State and Local Series 0 7,513 21,255 Other 63 130 3,937 Total Redemptions 137,242 314,301 7,067,516 Net Change in Public Debt Outstanding 8,332 13,977 155,665 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday December 04, 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) 145,574 328,278 7,223,181 Premium on New Issues 0 0 554 Discount on New Issues: Bills (-) 0 45 6,814 Bonds and Notes (-) 0 0 335 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 144,787 296,056 6,363,849 Interest Increment on United States Savings Securities (-) 0 555 1,760 Inflation-Protected Securities Increment 33 141 534 Total Public Debt Cash Issues Deposited in Federal Reserve Account 754 31,482 850,443 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 137,242 314,301 7,067,516 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 (-) 137,110 306,525 6,327,428 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 132 7,776 740,088 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday December 04, 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/ $ 5,171,086 $ 5,170,372 $ 5,146,579 $ 5,049,306 Intragovernmental Holdings 3,992,232 3,984,614 4,002,762 3,958,348 Total Public Debt Outstanding 9,163,318 9,154,987 9,149,341 9,007,653 Less: Debt Not Subject to Limit: Other Debt 501 501 501 502 Unamortized Discount 68,629 68,756 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 9,080,257 9,071,798 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 $1,36 1 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Tuesday December 04, 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 $ 3,177 $ 24,650 $ 305,727 Individual Income Taxes 9 21 637 Railroad Retirement Taxes 4 80 829 Excise Taxes 8 15 10,038 Corporation Income Taxes 41 141 16,695 Federal Unemployment Taxes 2 5 813 Estate and Gift Taxes & Misc IRS Rcpts. 2 3 76 Change in Balance of Unclassified Taxes 71 182 109 Total 3,313 25,098 334,923 These Receipts were deposited in: Federal Reserve Account: Directly 47 124 6,431 Collector Depositaries 771 3,897 81,133 Tax and Loan Accounts 1,763 19,625 235,463 Inter-agency Transfers 732 1,452 11,896 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 19 $ 217 $ 6,049 $ 8,285 Deposits: Taxes Received (Table IV) 4 35 1,723 1,763 Transfers to Depositaries 0 1 115 117 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,500 Withdrawals: Treasury Initiated 19 217 6,218 6,454 Depositary Initiated 0 1 454 455 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 2,000 Closing Balance Today 4 35 1,216 2,755 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday December 04, 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 $ 5 $ 11 $ 14,048 Business 483 544 12,149 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.