1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday December 06, 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 $ 5,381 $ 5,079 $ 4,669 $ 5,539 Tax and Loan Note Accounts (Table V) 3,038 4,048 3,875 69,698 Total Operating Balance 8,419 9,127 8,544 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday December 06, 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) 15 96 935 Commodity Credit Corporation programs 15 83 1,725 Customs and Certain Excise Taxes 73 343 6,520 Deposits by States: Supplemental Security Income 0 0 803 Unemployment 11 74 4,711 Education Department programs 61 236 2,746 Energy Department programs 8 90 1,225 Estate and Gift Taxes 188 398 5,028 Federal Reserve Earnings 0 198 6,431 Foreign Deposits, Military Sales 9 877 3,190 FTD's Received (Table IV) 706 8,779 92,321 Housing and Urban Development programs 14 89 1,031 Individual Income and Employment Taxes, Not Withheld 227 988 22,147 Interest recd from T&L Depositaries 3 4 213 Justice Department programs 5 45 802 Postal Service 463 2,000 20,054 Public Debt Cash Issues (Table III-B) 82,315 115,032 933,993 Other Deposits: Federal Housing Admin: Note Sales 69 69 320 Gas and Oil Lease Sales Proceeds 51 84 910 Total Other Deposits 120 174 10,258 Change in Balance of Uncollected Funds (closing balance $ 229) -64 -106 -71 Transfers from Depositaries 4,419 33,748 536,264 Total Federal Reserve Account 88,587 163,147 1,650,327 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,741 25,585 241,424 Transfers from Federal Reserve Account (Table V) 1,669 7,326 228,180 Total Tax and Loan Note Accounts (Table V) 3,410 32,912 469,604 Total Deposits (excluding transfers) 85,909 154,985 1,355,487 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday December 06, 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 119 662 11,935 Defense Vendor Payments (EFT) 1,209 5,061 60,249 Education Department programs 168 939 15,863 Energy Department programs 108 325 5,330 Federal Employees Insurance Payments 132 587 10,178 Fed. Highway Administration programs 200 595 7,134 Federal Salaries (EFT) 708 3,126 29,392 Food and Nutrition Service (misc) 157 651 6,865 Food Stamps 68 304 3,773 GSA programs 80 500 3,058 Health and Human Services Grants (misc) 383 1,182 14,166 Housing and Urban Development programs 173 2,609 12,003 Interest on Treasury Securities 2 1,077 37,496 Justice Department programs 26 150 2,297 Labor Dept. prgms (excl. unemployment) 36 141 2,267 Medicaid 1,005 2,852 36,894 Medicare 800 4,619 85,238 NASA programs 44 158 2,477 Postal Service Money Orders and Other 183 889 9,324 Public Debt Cash Redemp. (Table III-B) 79,031 87,762 820,074 Social Security Benefits (EFT) 44 21,836 100,813 Temporary Assistance for Needy Families (HHS) 36 246 3,257 Unemployment Insurance Benefits 110 556 5,543 Veterans Affairs programs 227 488 4,841 Other Withdrawals: Thrift Savings Plan Transfer 64 685 5,234 Transportation Security Admin. (DHS) 2 34 417 Unclassified 1,499 8,620 57,971 Total, Other Withdrawals 1,565 17,791 131,836 Transfers to Depositaries 1,669 7,326 228,180 Total Federal Reserve Account 88,286 162,435 1,650,485 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 4,419 33,748 536,264 Total Withdrawals (excluding transfers) 86,617 155,109 1,422,305 Net Change in Operating Cash Balance -708 -124 -66,818 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday December 06, 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 82,649 82,648 716,351 Cash Management Series 0 30,000 45,000 Notes 0 -1 150,547 Bonds 0 0 7,567 Inflation-Protected Securities Increment 32 206 802 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 15 98 643 Interest Increment 0 555 1,761 Government Account Series 140,982 573,927 6,641,720 Domestic Series 0 0 247 Foreign Series 0 0 0 State and Local Series 214 2,286 16,458 Other 151 340 3,866 Total Issues 224,045 690,059 7,584,962 (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 78,647 78,647 650,382 Notes 0 0 130,430 Bonds 0 0 10,124 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 54 253 2,480 Government Account Series 140,038 583,708 6,604,610 Domestic Series 0 0 247 Foreign Series 0 0 0 State and Local Series 184 8,102 21,845 Other 147 339 4,146 Total Redemptions 219,069 671,048 7,424,264 Net Change in Public Debt Outstanding 4,976 19,011 160,699 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday December 06, 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) 224,045 690,059 7,584,962 Premium on New Issues 0 0 554 Discount on New Issues: Bills (-) 715 760 7,529 Bonds and Notes (-) 0 0 335 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 140,982 573,506 6,641,299 Interest Increment on United States Savings Securities (-) 0 555 1,761 Inflation-Protected Securities Increment 32 206 599 Total Public Debt Cash Issues Deposited in Federal Reserve Account 82,315 115,032 933,993 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 219,069 671,048 7,424,264 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 (-) 140,038 583,287 6,604,189 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 79,031 87,762 820,074 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday December 06, 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/ $ 5,175,317 $ 5,171,372 $ 5,146,579 $ 5,049,306 Intragovernmental Holdings 3,993,035 3,992,004 4,002,762 3,958,348 Total Public Debt Outstanding 9,168,352 9,163,377 9,149,341 9,007,653 Less: Debt Not Subject to Limit: Other Debt 501 501 501 502 Unamortized Discount 69,090 68,502 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 68 69 69 69 Total Public Debt Subject to Limit 9,084,828 9,080,442 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 $1,19 9 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Thursday December 06, 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 $ 2,566 $ 35,362 $ 316,439 Individual Income Taxes 5 36 652 Railroad Retirement Taxes 6 89 837 Excise Taxes 13 39 10,062 Corporation Income Taxes 84 293 16,847 Federal Unemployment Taxes 2 9 817 Estate and Gift Taxes & Misc IRS Rcpts. 4 14 86 Change in Balance of Unclassified Taxes 83 313 240 Total 2,762 36,155 345,980 These Receipts were deposited in: Federal Reserve Account: Directly 55 256 6,562 Collector Depositaries 651 8,523 85,759 Tax and Loan Accounts 1,741 25,585 241,424 Inter-agency Transfers 315 1,791 12,235 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 11 $ 105 $ 2,432 $ 4,048 Deposits: Taxes Received (Table IV) 5 26 1,711 1,741 Transfers to Depositaries 0 2 167 169 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,500 Withdrawals: Treasury Initiated 0 0 953 953 Depositary Initiated 1 4 1,961 1,966 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,500 Closing Balance Today 15 128 1,395 3,038 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday December 06, 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 $ 24 $ 14,060 Business 22 610 12,215 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.