1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday February 05, 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 $ 5,220 $ 5,905 $ 5,773 $ 5,539 Tax and Loan Note Accounts (Table V) 18,484 23,251 64,498 69,698 Total Operating Balance 23,703 29,157 70,272 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday February 05, 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) 17 75 2,085 Commodity Credit Corporation programs 40 121 3,780 Customs and Certain Excise Taxes 108 342 12,183 Deposits by States: Supplemental Security Income 0 1 1,582 Unemployment 438 1,236 7,234 Education Department programs 64 155 5,031 Energy Department programs 8 108 2,338 Estate and Gift Taxes 101 346 9,767 Federal Reserve Earnings 0 0 11,845 Foreign Deposits, Military Sales 9 1,115 6,303 FTD's Received (Table IV) 993 5,550 199,369 Housing and Urban Development programs 27 62 1,887 Individual Income and Employment Taxes, Not Withheld 256 704 101,149 Interest recd from T&L Depositaries 0 12 360 Justice Department programs 16 58 1,299 Postal Service 586 1,411 37,195 Public Debt Cash Issues (Table III-B) 224 985 1,564,387 Other Deposits: Total Other Deposits 0 498 18,950 Change in Balance of Uncollected Funds (closing balance $ 149) -115 -9 10 Transfers from Depositaries 10,196 97,491 1,141,705 Total Federal Reserve Account 12,967 110,262 3,128,458 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,310 29,067 573,283 Transfers from Federal Reserve Account (Table V) 4,118 22,409 517,208 Total Tax and Loan Note Accounts (Table V) 5,428 51,476 1,090,490 Total Deposits (excluding transfers) 4,082 41,838 2,560,036 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday February 05, 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 50 205 17,615 Defense Vendor Payments (EFT) 1,894 3,182 115,788 Education Department programs 263 1,588 34,303 Energy Department programs 61 283 9,795 Federal Employees Insurance Payments 314 633 19,547 Fed. Highway Administration programs 118 263 11,692 Federal Salaries (EFT) 125 731 53,675 Food and Nutrition Service (misc) 102 465 13,271 Food Stamps 62 217 7,208 GSA programs 33 414 5,781 Health and Human Services Grants (misc) 483 1,084 26,986 Housing and Urban Development programs 167 2,383 21,301 Interest on Treasury Securities 2 638 54,371 Justice Department programs 90 156 4,458 Labor Dept. prgms (excl. unemployment) 31 113 4,367 Medicaid 744 1,908 67,685 Medicare 1,244 14,464 155,697 NASA programs 20 96 4,918 Postal Service Money Orders and Other 195 544 17,369 Public Debt Cash Redemp. (Table III-B) 154 3,596 1,510,025 Social Security Benefits (EFT) 25 21,855 181,700 Temporary Assistance for Needy Families (HHS) 59 178 6,267 Unemployment Insurance Benefits 227 523 12,451 Veterans Affairs programs 88 383 8,978 Other Withdrawals: Agency for Internat'l Development 103 158 3,501 Interior 57 124 4,009 IRS Tax Refunds Individual (EFT) 402 9,252 18,948 Tennessee Valley Authority (net) -58 -19 -55 Thrift Savings Plan Transfer 78 114 7,688 Transportation Security Admin. (DHS) 2 33 763 Unclassified 2,402 5,341 98,865 Total, Other Withdrawals 2,984 32,503 246,322 Transfers to Depositaries 4,118 22,409 517,208 Total Federal Reserve Account 13,653 110,815 3,128,777 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 10,196 97,491 1,141,705 Total Withdrawals (excluding transfers) 9,535 88,406 2,611,569 Net Change in Operating Cash Balance -5,453 -46,568 -51,534 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday February 05, 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 0 -12 1,216,279 Cash Management Series 0 0 53,000 Notes 0 -6 253,743 Bonds 0 0 16,541 Inflation-Protected Securities Increment -11 47 4,397 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 7 59 1,365 Interest Increment 0 571 2,968 Government Account Series 145,007 450,611 12,454,653 Domestic Series 0 0 516 Foreign Series 0 0 2,900 State and Local Series 138 692 23,626 Other 78 252 7,696 Total Issues 145,220 452,213 14,037,684 (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 67 210 5,395 Government Account Series 139,835 461,701 12,310,809 Domestic Series 0 0 516 Foreign Series 0 0 0 State and Local Series 6 3,120 36,115 Other 80 266 8,399 Total Redemptions 139,989 465,297 13,820,413 Net Change in Public Debt Outstanding 5,231 -13,084 217,271 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday February 05, 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) 145,220 452,213 14,037,684 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 (-) 145,007 450,611 12,454,232 Interest Increment on United States Savings Securities (-) 0 571 2,968 Inflation-Protected Securities Increment -11 47 4,167 Total Public Debt Cash Issues Deposited in Federal Reserve Account 224 985 1,564,387 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 139,989 465,297 13,820,413 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 (-) 139,835 461,701 12,310,388 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 154 3,596 1,510,025 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday February 05, 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 $ 5,130,440 $ 5,130,447 $ 5,132,265 $ 5,049,306 Intragovernmental Holdings 4,094,484 4,089,246 4,105,743 3,958,348 Total Public Debt Outstanding 9,224,924 9,219,693 9,238,008 9,007,653 Less: Debt Not Subject to Limit: Other Debt 500 500 500 502 Unamortized Discount 67,775 67,875 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 9,142,702 9,137,370 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 Tuesday February 05, 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 $ 2,167 $ 34,762 $ 653,056 Individual Income Taxes 14 38 3,098 Railroad Retirement Taxes 22 110 1,647 Excise Taxes 10 30 20,301 Corporation Income Taxes 28 154 114,008 Federal Unemployment Taxes 66 134 2,004 Estate and Gift Taxes & Misc IRS Rcpts. 2 8 258 Change in Balance of Unclassified Taxes 16 248 290 Total 2,326 35,485 794,660 These Receipts were deposited in: Federal Reserve Account: Directly 310 502 12,880 Collector Depositaries 682 5,048 186,488 Tax and Loan Accounts 1,310 29,067 573,283 Inter-agency Transfers 23 868 22,009 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 18 $ 262 $ 7,644 $ 23,251 Deposits: Taxes Received (Table IV) 4 35 1,271 1,310 Transfers to Depositaries 0 0 117 118 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 4,000 Repo Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 4,195 4,195 Depositary Initiated 0 8 267 276 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 5,725 Repo Investment 0 0 0 0 Closing Balance Today 21 289 4,571 18,484 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday February 05, 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 $ 447 $ 10,454 $ 33,195 Business 481 1,864 25,624 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.