1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday January 30, 2008 (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 $ 5,082 $ 5,053 $ 16,120 $ 5,539 Tax and Loan Note Accounts (Table V) 39,687 36,781 40,855 69,698 Total Operating Balance 44,768 41,834 56,975 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday January 30, 2008 (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) 38 531 1,947 Commodity Credit Corporation programs 40 1,234 3,615 Customs and Certain Excise Taxes 122 2,794 11,651 Deposits by States: Supplemental Security Income 1 7 1,199 Unemployment 97 799 5,679 Education Department programs 61 1,094 4,813 Energy Department programs 30 482 2,064 Estate and Gift Taxes 137 2,316 9,299 Federal Reserve Earnings 805 4,125 11,845 Foreign Deposits, Military Sales 6 1,507 5,177 FTD's Received (Table IV) 3,014 45,318 192,084 Housing and Urban Development programs 29 401 1,798 Individual Income and Employment Taxes, Not Withheld 655 71,429 100,177 Interest recd from T&L Depositaries 14 88 344 Justice Department programs 5 230 1,238 Postal Service 392 8,564 35,396 Public Debt Cash Issues (Table III-B) 456 253,417 1,440,285 Other Deposits: Air Transport Security Fees 19 34 622 Railroad Unemployment Ins. 1 1 20 Total Other Deposits 20 4,936 17,450 Change in Balance of Uncollected Funds (closing balance $ 172) 22 -130 -13 Transfers from Depositaries 18,693 255,163 1,035,779 Total Federal Reserve Account 24,638 654,306 2,881,825 Tax and Loan Note Accounts: FTD's Received (Table IV) 4,102 124,725 540,239 Transfers from Federal Reserve Account (Table V) 17,496 129,269 465,529 Total Tax and Loan Note Accounts (Table V) 21,598 253,994 1,005,768 Total Deposits (excluding transfers) 10,047 523,868 2,386,284 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday January 30, 2008 (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 60 3,155 17,362 Defense Vendor Payments (EFT) 1,263 26,969 111,536 Education Department programs 446 11,433 32,104 Energy Department programs 119 1,979 9,275 Federal Employees Insurance Payments 146 4,607 18,711 Fed. Highway Administration programs 108 2,040 11,337 Federal Salaries (EFT) 196 12,999 52,230 Food and Nutrition Service (misc) 78 3,036 12,708 Food Stamps 31 1,830 6,962 GSA programs 44 1,479 5,303 Health and Human Services Grants (misc) 434 5,923 25,285 Housing and Urban Development programs 134 4,577 18,766 Interest on Treasury Securities 6 7,464 50,285 Justice Department programs 52 903 4,288 Labor Dept. prgms (excl. unemployment) 61 985 4,202 Medicaid 362 15,135 64,799 Medicare 1,217 35,065 140,231 NASA programs 37 1,094 4,814 Postal Service Money Orders and Other 154 3,963 16,468 Public Debt Cash Redemp. (Table III-B) 353 297,235 1,412,308 Social Security Benefits (EFT) 10 40,531 159,807 Temporary Assistance for Needy Families (HHS) 212 1,417 5,983 Unemployment Insurance Benefits 183 3,734 11,781 Veterans Affairs programs 55 2,059 8,529 Other Withdrawals: District of Columbia 104 104 104 Environmental Protection Agency 103 103 155 Interior 85 986 3,838 IRS Tax Refunds Individual (EFT) 143 6,634 9,530 Minerals Management Service 143 143 589 Thrift Savings Plan Transfer 207 1,106 7,573 Transportation Security Admin. (DHS) 6 151 729 U.S. District Courts (net) -62 -67 -173 Unclassified 625 20,446 93,227 Total, Other Withdrawals 1,353 46,463 211,681 Transfers to Depositaries 17,496 129,269 465,529 Total Federal Reserve Account 24,609 665,344 2,882,282 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 18,693 255,163 1,035,779 Total Withdrawals (excluding transfers) 7,113 536,075 2,416,753 Net Change in Operating Cash Balance 2,934 -12,207 -30,469 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday January 30, 2008 (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 -1 237,312 1,144,598 Cash Management Series 0 0 53,000 Notes 0 10,416 211,117 Bonds 0 0 7,567 Inflation-Protected Securities Increment 88 2,620 4,234 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 11 302 1,293 Interest Increment 0 633 2,397 Government Account Series 143,330 2,849,949 11,846,870 Domestic Series 0 269 516 Foreign Series 0 2,900 2,900 State and Local Series 373 2,459 22,662 Other 72 1,970 7,274 Total Issues 143,874 3,108,830 13,304,429 (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 0 261,803 1,176,295 Notes 0 21,800 178,898 Bonds 0 1 10,128 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 50 1,703 5,132 Government Account Series 150,422 2,839,893 11,699,321 Domestic Series 0 269 516 Foreign Series 0 0 0 State and Local Series 227 9,456 32,934 Other 76 2,203 7,984 Total Redemptions 150,775 3,137,128 13,111,208 Net Change in Public Debt Outstanding -6,901 -28,298 193,221 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday January 30, 2008 (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) 143,874 3,108,830 13,304,429 Premium on New Issues 0 0 609 Discount on New Issues: Bills (-) 0 2,183 11,475 Bonds and Notes (-) 0 29 400 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 143,330 2,849,949 11,846,449 Interest Increment on United States Savings Securities (-) 0 633 2,397 Inflation-Protected Securities Increment 88 2,620 4,032 Total Public Debt Cash Issues Deposited in Federal Reserve Account 456 253,417 1,440,285 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 150,775 3,137,128 13,111,208 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 (-) 150,422 2,839,893 11,698,900 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 353 297,235 1,412,308 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday January 30, 2008 (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 $ 5,102,675 $ 5,102,676 $ 5,136,303 $ 5,049,306 Intragovernmental Holdings 4,098,200 4,105,099 4,092,870 3,958,348 Total Public Debt Outstanding 9,200,875 9,207,776 9,229,173 9,007,653 Less: Debt Not Subject to Limit: Other Debt 500 500 500 502 Unamortized Discount 67,978 68,542 70,025 71,877 Federal Financing Bank 14,000 14,000 14,000 14,000 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 52 52 68 69 Total Public Debt Subject to Limit 9,118,449 9,124,786 9,144,715 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 Wednesday January 30, 2008 (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 $ 7,316 $ 158,501 $ 613,403 Individual Income Taxes 8 2,080 3,052 Railroad Retirement Taxes 4 347 1,492 Excise Taxes 19 4,769 20,160 Corporation Income Taxes 94 9,843 113,551 Federal Unemployment Taxes 57 357 1,227 Estate and Gift Taxes & Misc IRS Rcpts. 1 98 243 Change in Balance of Unclassified Taxes -63 -883 5 Total 7,436 175,112 753,132 These Receipts were deposited in: Federal Reserve Account: Directly 94 2,713 12,290 Collector Depositaries 2,920 42,605 179,793 Tax and Loan Accounts 4,102 124,725 540,239 Inter-agency Transfers 320 5,069 20,810 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 9 $ 119 $ 3,432 $ 36,781 Deposits: Taxes Received (Table IV) 6 62 4,033 4,102 Transfers to Depositaries 11 104 2,777 2,892 Special Direct Investment 0 0 0 4,464 Term Investment 0 0 0 10,141 Repo Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 0 0 Depositary Initiated 1 13 3,233 3,247 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 15,446 Repo Investment 0 0 0 0 Closing Balance Today 26 273 7,008 39,687 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday January 30, 2008 (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 $ 159 $ 7,080 $ 22,540 Business 63 4,407 22,462 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.