1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday February 01, 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 $ 5,699 $ 5,773 $ 5,773 $ 5,539 Tax and Loan Note Accounts (Table V) 16,578 64,498 64,498 69,698 Total Operating Balance 22,277 70,272 70,272 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday February 01, 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 38 2,047 Commodity Credit Corporation programs 48 48 3,707 Customs and Certain Excise Taxes 113 113 11,955 Deposits by States: Supplemental Security Income 0 0 1,582 Unemployment 315 315 6,313 Education Department programs 37 37 4,914 Energy Department programs 87 87 2,317 Estate and Gift Taxes 196 196 9,616 Federal Reserve Earnings 0 0 11,845 Foreign Deposits, Military Sales 994 994 6,181 FTD's Received (Table IV) 2,535 2,535 196,353 Housing and Urban Development programs 20 20 1,845 Individual Income and Employment Taxes, Not Withheld 221 221 100,666 Interest recd from T&L Depositaries 8 8 356 Justice Department programs 34 34 1,275 Postal Service 377 377 36,160 Public Debt Cash Issues (Table III-B) 586 586 1,563,988 Other Deposits: Air Transport Security Fees 2 2 744 Gas and Oil Lease Sales Proceeds 95 95 1,485 Natl Railroad Retirement Inv Trust 109 109 502 Thrift Savings Plan Transfer 93 93 8,569 Total Other Deposits 298 298 18,751 Change in Balance of Uncollected Funds (closing balance $ 160) -20 -20 -1 Transfers from Depositaries 65,672 65,672 1,109,886 Total Federal Reserve Account 71,559 71,559 3,089,756 Tax and Loan Note Accounts: FTD's Received (Table IV) 17,188 17,188 561,404 Transfers from Federal Reserve Account (Table V) 562 562 495,361 Total Tax and Loan Note Accounts (Table V) 17,751 17,751 1,056,765 Total Deposits (excluding transfers) 23,076 23,076 2,541,274 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday February 01, 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 63 63 17,474 Defense Vendor Payments (EFT) 619 619 113,225 Education Department programs 1,065 1,065 33,779 Energy Department programs 159 159 9,672 Federal Employees Insurance Payments 176 176 19,091 Fed. Highway Administration programs 89 89 11,518 Federal Salaries (EFT) 482 482 53,425 Food and Nutrition Service (misc) 51 51 12,857 Food Stamps 23 23 7,014 GSA programs 342 342 5,709 Health and Human Services Grants (misc) 425 425 26,327 Housing and Urban Development programs 2,059 2,059 20,976 Interest on Treasury Securities 633 633 54,367 Justice Department programs 14 14 4,317 Labor Dept. prgms (excl. unemployment) 52 52 4,305 Medicaid 817 817 66,595 Medicare 12,352 12,352 153,585 NASA programs 24 24 4,847 Postal Service Money Orders and Other 139 139 16,964 Public Debt Cash Redemp. (Table III-B) 3,250 3,250 1,509,679 Social Security Benefits (EFT) 21,785 21,785 181,630 Temporary Assistance for Needy Families (HHS) 70 70 6,158 Unemployment Insurance Benefits 128 128 12,055 Veterans Affairs programs 127 127 8,722 Other Withdrawals: Civil Service Retirement (EFT) 4,180 4,180 20,583 IRS Tax Refunds Business (EFT) 851 851 13,458 IRS Tax Refunds Individual (EFT) 8,376 8,376 18,072 Military Active Duty Pay (EFT) 3,472 3,472 26,755 Military Retirement (EFT) 3,420 3,420 16,734 Railroad Retirement (EFT) 777 777 3,845 Supple. Security Income Benefits (EFT) 2,036 2,036 10,079 Transportation Security Admin. (DHS) 16 16 746 Veterans Benefits (EFT) 2,649 2,649 12,941 Unclassified 349 349 93,873 Total, Other Withdrawals 26,126 26,126 239,944 Transfers to Depositaries 562 562 495,361 Total Federal Reserve Account 71,633 71,633 3,089,595 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 65,672 65,672 1,109,886 Total Withdrawals (excluding transfers) 71,071 71,071 2,594,234 Net Change in Operating Cash Balance -47,995 -47,995 -52,960 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday February 01, 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 -10 -10 1,216,281 Cash Management Series 0 0 53,000 Notes -5 -5 253,744 Bonds 0 0 16,541 Inflation-Protected Securities Increment 91 91 4,441 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 19 19 1,325 Interest Increment 570 570 2,968 Government Account Series 156,055 156,055 12,160,097 Domestic Series 0 0 516 Foreign Series 0 0 2,900 State and Local Series 491 491 23,425 Other 91 91 7,535 Total Issues 157,302 157,302 13,742,772 (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 1,242,985 Notes 0 0 206,066 Bonds 0 0 10,128 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 67 67 5,252 Government Account Series 181,204 181,204 12,030,312 Domestic Series 0 0 516 Foreign Series 0 0 0 State and Local Series 3,083 3,083 36,078 Other 100 100 8,233 Total Redemptions 184,454 184,454 13,539,570 Net Change in Public Debt Outstanding -27,152 -27,152 203,203 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday February 01, 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) 157,302 157,302 13,742,772 Premium on New Issues 0 0 609 Discount on New Issues: Bills (-) 0 0 11,970 Bonds and Notes (-) 0 0 569 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 156,055 156,055 12,159,676 Interest Increment on United States Savings Securities (-) 570 570 2,968 Inflation-Protected Securities Increment 91 91 4,211 Total Public Debt Cash Issues Deposited in Federal Reserve Account 586 586 1,563,988 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 184,454 184,454 13,539,570 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 (-) 181,204 181,204 12,029,891 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 3,250 3,250 1,509,679 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday February 01, 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 $ 5,130,384 $ 5,132,265 $ 5,132,265 $ 5,049,306 Intragovernmental Holdings 4,080,472 4,105,743 4,105,743 3,958,348 Total Public Debt Outstanding 9,210,856 9,238,008 9,238,008 9,007,653 Less: Debt Not Subject to Limit: Other Debt 500 500 500 502 Unamortized Discount 67,618 67,718 67,718 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 52 69 Total Public Debt Subject to Limit 9,128,790 9,155,842 9,155,842 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 Friday February 01, 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 $ 19,898 $ 19,898 $ 638,192 Individual Income Taxes 11 11 3,071 Railroad Retirement Taxes 49 49 1,586 Excise Taxes 8 8 20,278 Corporation Income Taxes 88 88 113,942 Federal Unemployment Taxes 43 43 1,913 Estate and Gift Taxes & Misc IRS Rcpts. 1 1 251 Change in Balance of Unclassified Taxes 138 138 180 Total 20,237 20,237 779,412 These Receipts were deposited in: Federal Reserve Account: Directly 94 94 12,473 Collector Depositaries 2,440 2,440 183,880 Tax and Loan Accounts 17,188 17,188 561,404 Inter-agency Transfers 514 514 21,655 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 29 $ 312 $ 8,089 $ 64,498 Deposits: Taxes Received (Table IV) 6 79 17,103 17,188 Transfers to Depositaries 0 2 560 562 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Withdrawals: Treasury Initiated 26 272 5,291 5,589 Depositary Initiated 1 7 14,767 14,775 Special Direct Investment 0 0 0 13,452 Term Investment 0 0 0 31,856 Repo Investment 0 0 0 0 Closing Balance Today 9 114 5,694 16,578 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday February 01, 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 $ 9,512 $ 9,512 $ 32,253 Business 1,042 1,042 24,801 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.