1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday December 05, 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 $ 5,079 $ 4,793 $ 4,669 $ 5,539 Tax and Loan Note Accounts (Table V) 4,048 2,755 3,875 69,698 Total Operating Balance 9,127 7,548 8,544 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday December 05, 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) 13 82 921 Commodity Credit Corporation programs 18 68 1,710 Customs and Certain Excise Taxes 101 270 6,447 Deposits by States: Supplemental Security Income 0 0 803 Unemployment 18 64 4,700 Education Department programs 49 175 2,685 Energy Department programs 16 82 1,217 Estate and Gift Taxes 77 210 4,841 Federal Reserve Earnings 198 198 6,431 Foreign Deposits, Military Sales 22 869 3,181 FTD's Received (Table IV) 4,051 8,073 91,615 Housing and Urban Development programs 15 75 1,018 Individual Income and Employment Taxes, Not Withheld 339 760 21,920 Interest recd from T&L Depositaries 0 0 210 Justice Department programs 13 40 797 Postal Service 510 1,536 19,591 Public Debt Cash Issues (Table III-B) 1,236 32,717 851,678 Other Deposits: Total Other Deposits 0 54 10,138 Change in Balance of Uncollected Funds (closing balance $ 165) -67 -42 -6 Transfers from Depositaries 4,512 29,329 531,845 Total Federal Reserve Account 11,123 74,560 1,561,740 Tax and Loan Note Accounts: FTD's Received (Table IV) 4,220 23,844 239,683 Transfers from Federal Reserve Account (Table V) 1,585 5,658 226,511 Total Tax and Loan Note Accounts (Table V) 5,805 29,502 466,194 Total Deposits (excluding transfers) 10,831 69,076 1,269,578 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday December 05, 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 157 544 11,817 Defense Vendor Payments (EFT) 1,273 3,852 59,040 Education Department programs 331 772 15,696 Energy Department programs 60 217 5,221 Federal Employees Insurance Payments 151 455 10,046 Fed. Highway Administration programs 123 396 6,934 Federal Salaries (EFT) 439 2,418 28,684 Food and Nutrition Service (misc) 135 494 6,708 Food Stamps 60 235 3,704 GSA programs 29 420 2,978 Health and Human Services Grants (misc) 215 799 13,783 Housing and Urban Development programs 218 2,436 11,830 Interest on Treasury Securities 3 1,075 37,494 Justice Department programs 63 124 2,271 Labor Dept. prgms (excl. unemployment) 36 106 2,232 Medicaid 503 1,847 35,889 Medicare 1,325 3,819 84,438 NASA programs 40 113 2,432 Postal Service Money Orders and Other 198 706 9,141 Public Debt Cash Redemp. (Table III-B) 954 8,730 741,043 Social Security Benefits (EFT) 31 21,792 100,769 Temporary Assistance for Needy Families (HHS) 32 210 3,221 Unemployment Insurance Benefits 146 446 5,434 Veterans Affairs programs 41 261 4,613 Other Withdrawals: Agency for Internat'l Development 71 118 2,114 Federal Aviation Administration 52 96 1,582 Thrift Savings Plan Transfer 244 620 5,170 Transportation Security Admin. (DHS) 28 33 416 U.S. District Courts (net) -88 -88 -99 Unclassified 2,378 7,121 56,472 Total, Other Withdrawals 2,686 16,226 130,271 Transfers to Depositaries 1,585 5,658 226,511 Total Federal Reserve Account 10,837 74,150 1,562,200 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 4,512 29,329 531,845 Total Withdrawals (excluding transfers) 9,252 68,492 1,335,688 Net Change in Operating Cash Balance 1,579 583 -66,110 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday December 05, 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 0 -1 150,547 Bonds 0 0 7,567 Inflation-Protected Securities Increment 33 173 770 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 16 83 628 Interest Increment 0 555 1,761 Government Account Series 136,889 432,945 6,500,738 Domestic Series 0 0 247 Foreign Series 0 0 0 State and Local Series 736 2,072 16,244 Other 62 189 3,715 Total Issues 137,736 466,014 7,360,918 (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 65 198 2,426 Government Account Series 137,145 443,670 6,464,573 Domestic Series 0 0 247 Foreign Series 0 0 0 State and Local Series 406 7,919 21,661 Other 62 192 3,999 Total Redemptions 137,678 451,979 7,205,194 Net Change in Public Debt Outstanding 58 14,035 155,723 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday December 05, 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) 137,736 466,014 7,360,918 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 (-) 136,468 432,524 6,500,317 Interest Increment on United States Savings Securities (-) 0 555 1,761 Inflation-Protected Securities Increment 33 173 567 Total Public Debt Cash Issues Deposited in Federal Reserve Account 1,236 32,717 851,678 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 137,678 451,979 7,205,194 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 (-) 136,724 443,249 6,464,152 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 954 8,730 741,043 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday December 05, 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/ $ 5,171,372 $ 5,171,086 $ 5,146,579 $ 5,049,306 Intragovernmental Holdings 3,992,004 3,992,232 4,002,762 3,958,348 Total Public Debt Outstanding 9,163,377 9,163,318 9,149,341 9,007,653 Less: Debt Not Subject to Limit: Other Debt 501 501 501 502 Unamortized Discount 68,502 68,629 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 9,080,442 9,080,257 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 $1,22 1 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Wednesday December 05, 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 $ 8,147 $ 32,797 $ 313,873 Individual Income Taxes 9 31 646 Railroad Retirement Taxes 3 83 832 Excise Taxes 10 25 10,048 Corporation Income Taxes 68 209 16,763 Federal Unemployment Taxes 2 7 815 Estate and Gift Taxes & Misc IRS Rcpts. 7 10 83 Change in Balance of Unclassified Taxes 48 230 157 Total 8,295 33,392 343,218 These Receipts were deposited in: Federal Reserve Account: Directly 77 201 6,507 Collector Depositaries 3,975 7,872 85,108 Tax and Loan Accounts 4,220 23,844 239,683 Inter-agency Transfers 24 1,475 11,920 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 4 $ 35 $ 1,216 $ 2,755 Deposits: Taxes Received (Table IV) 8 79 4,133 4,220 Transfers to Depositaries 0 1 85 85 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,500 Withdrawals: Treasury Initiated 0 0 884 884 Depositary Initiated 1 10 2,118 2,128 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,500 Closing Balance Today 11 105 2,432 4,048 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday December 05, 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 $ 7 $ 18 $ 14,054 Business 45 589 12,194 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.