1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday December 13, 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 $ 4,371 $ 4,333 $ 4,669 $ 5,539 Tax and Loan Note Accounts (Table V) 671 6,854 3,875 69,698 Total Operating Balance 5,042 11,187 8,544 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday December 13, 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) 15 195 1,034 Commodity Credit Corporation programs 24 197 1,840 Customs and Certain Excise Taxes 72 763 6,940 Deposits by States: Supplemental Security Income 0 2 805 Unemployment 8 137 4,774 Education Department programs 62 516 3,026 Energy Department programs 7 118 1,253 Estate and Gift Taxes 118 997 5,628 Federal Reserve Earnings 0 699 6,932 Foreign Deposits, Military Sales 15 1,053 3,365 FTD's Received (Table IV) 1,111 17,318 100,860 Housing and Urban Development programs 21 192 1,135 Individual Income and Employment Taxes, Not Withheld 259 2,492 23,651 Interest recd from T&L Depositaries 2 7 216 Justice Department programs 3 75 833 Postal Service 413 4,242 22,296 Public Debt Cash Issues (Table III-B) 75,718 199,217 1,018,178 Other Deposits: Total Other Deposits 0 527 10,611 Change in Balance of Uncollected Funds (closing balance $ 184) 0 -61 -25 Transfers from Depositaries 9,521 70,582 573,098 Total Federal Reserve Account 87,369 299,269 1,786,449 Tax and Loan Note Accounts: FTD's Received (Table IV) 3,005 46,894 262,733 Transfers from Federal Reserve Account (Table V) 333 20,484 241,337 Total Tax and Loan Note Accounts (Table V) 3,337 67,378 504,070 Total Deposits (excluding transfers) 80,853 275,582 1,476,084 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday December 13, 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 131 1,298 12,571 Defense Vendor Payments (EFT) 1,716 12,052 67,241 Education Department programs 264 2,330 17,254 Energy Department programs 118 825 5,830 Federal Employees Insurance Payments 443 2,065 11,656 Fed. Highway Administration programs 76 1,316 7,855 Federal Salaries (EFT) 166 3,855 30,120 Food and Nutrition Service (misc) 131 1,750 7,964 Food Stamps 75 840 4,309 GSA programs 96 729 3,287 Health and Human Services Grants (misc) 248 2,659 15,643 Housing and Urban Development programs 123 3,204 12,598 Interest on Treasury Securities 4 1,091 37,510 Justice Department programs 37 732 2,879 Labor Dept. prgms (excl. unemployment) 48 387 2,513 Medicaid 1,325 7,477 41,519 Medicare 1,065 9,468 90,087 NASA programs 108 539 2,858 Postal Service Money Orders and Other 151 1,804 10,239 Public Debt Cash Redemp. (Table III-B) 79,272 167,853 900,165 Social Security Benefits (EFT) 29 27,996 106,973 Temporary Assistance for Needy Families (HHS) 167 639 3,649 Unemployment Insurance Benefits 122 1,454 6,442 Veterans Affairs programs 58 919 5,272 Other Withdrawals: Emergency Prep & Response (DHS) 53 311 2,104 Federal Railroad Admin. 158 169 232 HUD: Hurricane Relief 59 114 465 Thrift Savings Plan Transfer 88 1,050 5,600 Transportation Security Admin. (DHS) 3 71 454 Unclassified 664 14,362 63,713 Total, Other Withdrawals 1,026 25,800 139,846 Transfers to Depositaries 333 20,484 241,337 Total Federal Reserve Account 87,331 299,567 1,787,617 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 9,521 70,582 573,098 Total Withdrawals (excluding transfers) 86,998 279,083 1,546,279 Net Change in Operating Cash Balance -6,145 -3,502 -70,195 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday December 13, 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 75,935 158,581 792,284 Cash Management Series 0 38,000 53,000 Notes 0 -1 150,547 Bonds 0 0 7,567 Inflation-Protected Securities Increment 32 433 1,029 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 17 182 728 Interest Increment 0 556 1,762 Government Account Series 139,938 1,265,118 7,332,911 Domestic Series 0 0 247 Foreign Series 0 0 0 State and Local Series 283 2,727 16,899 Other 172 760 4,286 Total Issues 216,378 1,466,356 8,361,260 (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 78,936 157,582 729,317 Notes 0 0 130,430 Bonds 0 3 10,126 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 58 555 2,783 Government Account Series 139,131 1,275,996 7,296,899 Domestic Series 0 0 247 Foreign Series 0 0 0 State and Local Series 119 8,404 22,147 Other 159 888 4,694 Total Redemptions 218,403 1,443,428 8,196,643 Net Change in Public Debt Outstanding -2,025 22,929 164,617 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday December 13, 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) 216,378 1,466,356 8,361,260 Premium on New Issues 0 0 554 Discount on New Issues: Bills (-) 688 1,453 8,222 Bonds and Notes (-) 0 0 335 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 139,938 1,264,697 7,332,490 Interest Increment on United States Savings Securities (-) 0 556 1,762 Inflation-Protected Securities Increment 32 433 826 Total Public Debt Cash Issues Deposited in Federal Reserve Account 75,718 199,217 1,018,178 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 218,403 1,443,428 8,196,643 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 (-) 139,131 1,275,575 7,296,478 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 79,272 167,853 900,165 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday December 13, 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 $ 5,180,516 $ 5,183,281 $ 5,146,579 $ 5,049,306 Intragovernmental Holdings 3,991,754 3,991,014 4,002,762 3,958,348 Total Public Debt Outstanding 9,172,270 9,174,295 9,149,341 9,007,653 Less: Debt Not Subject to Limit: Other Debt 501 501 501 502 Unamortized Discount 68,910 68,347 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 68 69 69 Total Public Debt Subject to Limit 9,088,927 9,091,515 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 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Thursday December 13, 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 $ 2,291 $ 62,455 $ 343,532 Individual Income Taxes 7 76 692 Railroad Retirement Taxes 3 154 903 Excise Taxes 114 743 10,766 Corporation Income Taxes 1,603 2,941 19,495 Federal Unemployment Taxes 2 20 829 Estate and Gift Taxes & Misc IRS Rcpts. 4 55 128 Change in Balance of Unclassified Taxes 128 507 434 Total 4,153 66,952 376,778 These Receipts were deposited in: Federal Reserve Account: Directly 92 572 6,879 Collector Depositaries 1,019 16,746 93,981 Tax and Loan Accounts 3,005 46,894 262,733 Inter-agency Transfers 37 2,740 13,185 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 7 $ 74 $ 1,474 $ 6,854 Deposits: Taxes Received (Table IV) 4 42 2,958 3,005 Transfers to Depositaries 0 3 330 333 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 3,303 3,303 Depositary Initiated 0 6 912 918 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 4,000 Repo Investment 0 0 0 1,300 Closing Balance Today 11 113 547 671 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday December 13, 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 $ 435 $ 14,472 Business 63 2,367 13,972 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.