1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday April 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 $ 6,613 $ 5,552 $ 5,552 $ 5,539 Tax and Loan Note Accounts (Table V) 41,787 40,587 40,587 69,698 Total Operating Balance 48,400 46,139 46,139 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday April 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) 56 56 3,416 Commodity Credit Corporation programs 56 56 5,746 Customs and Certain Excise Taxes 79 79 17,215 Deposits by States: Supplemental Security Income 0 0 2,360 Unemployment 9 9 9,051 Education Department programs 52 52 7,056 Energy Department programs 53 53 3,401 Estate and Gift Taxes 43 43 13,993 Federal Reserve Earnings 0 0 17,709 Foreign Deposits, Military Sales 817 817 9,348 FTD's Received (Table IV) 1,704 1,704 284,647 Housing and Urban Development programs 76 76 2,751 Individual Income and Employment Taxes, Not Withheld 942 942 118,021 Interest recd from T&L Depositaries 4 4 427 Justice Department programs 42 42 2,142 Postal Service 474 474 52,790 Public Debt Cash Issues (Table III-B) 27,933 27,933 2,533,920 Other Deposits: Air Transport Security Fees 9 9 1,173 Medicare Premiums 89 89 9,834 Natl Railroad Retirement Inv Trust 103 103 748 Total Other Deposits 201 201 32,196 Change in Balance of Uncollected Funds (closing balance $ 174) -71 -71 -15 Transfers from Depositaries 29,562 29,562 1,680,066 Total Federal Reserve Account 62,033 62,033 4,796,239 Tax and Loan Note Accounts: FTD's Received (Table IV) 14,353 14,353 831,290 Transfers from Federal Reserve Account (Table V) 16,409 16,409 820,865 Total Tax and Loan Note Accounts (Table V) 30,762 30,762 1,652,155 Total Deposits (excluding transfers) 46,824 46,824 3,947,462 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday April 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 20 20 19,756 Defense Vendor Payments (EFT) 560 560 170,700 Education Department programs 325 325 49,963 Energy Department programs 99 99 14,043 Federal Employees Insurance Payments 231 231 28,301 Fed. Highway Administration programs 89 89 16,264 Federal Salaries (EFT) 433 433 78,291 Food and Nutrition Service (misc) 61 61 19,521 Food Stamps 24 24 10,206 GSA programs 367 367 8,479 Health and Human Services Grants (misc) 283 283 40,090 Housing and Urban Development programs 2,182 2,182 30,225 Interest on Treasury Securities 740 740 91,184 Justice Department programs 22 22 6,236 Labor Dept. prgms (excl. unemployment) 30 30 6,462 Medicaid 896 896 98,511 Medicare 12,314 12,314 227,318 NASA programs 5 5 7,292 Postal Service Money Orders and Other 148 148 25,112 Public Debt Cash Redemp. (Table III-B) 5,498 5,498 2,264,169 Social Security Benefits (EFT) 193 193 242,026 Temporary Assistance for Needy Families (HHS) 104 104 9,404 Unemployment Insurance Benefits 234 234 19,291 Veterans Affairs programs 129 129 13,153 Other Withdrawals: Civil Service Retirement (EFT) 4,202 4,202 28,984 IRS Tax Refunds Business (EFT) 365 365 22,322 IRS Tax Refunds Individual (EFT) 267 267 135,099 Military Active Duty Pay (EFT) 3,511 3,511 38,768 Military Retirement (EFT) 3,418 3,418 23,574 Pmt. to Internat'l Development Assn. 903 903 911 Railroad Retirement (EFT) 779 779 5,404 State Department 50 50 2,698 Supple. Security Income Benefits (EFT) 2,050 2,050 14,175 Veterans Benefits (EFT) 2,667 2,667 18,265 Unclassified 1,363 1,363 155,912 Total, Other Withdrawals 19,576 19,576 478,302 Transfers to Depositaries 16,409 16,409 820,865 Total Federal Reserve Account 60,973 60,973 4,795,165 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 29,562 29,562 1,680,066 Total Withdrawals (excluding transfers) 44,564 44,564 3,974,300 Net Change in Operating Cash Balance 2,261 2,261 -26,837 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday April 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 0 0 1,894,659 Cash Management Series 26,001 26,001 188,002 Notes 0 0 382,191 Bonds 0 0 29,836 Inflation-Protected Securities Increment 76 76 6,469 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 18 18 2,076 Interest Increment 662 662 4,194 Government Account Series 146,205 146,205 18,187,777 Domestic Series 0 0 516 Foreign Series 0 0 2,900 State and Local Series 1,848 1,848 37,283 Other 85 85 11,848 Total Issues 174,896 174,896 20,747,750 (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 1,856,353 Notes 0 0 324,369 Bonds 0 0 10,130 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 59 59 7,395 Government Account Series 160,447 160,447 18,045,107 Domestic Series 0 0 516 Foreign Series 0 0 1,000 State and Local Series 5,352 5,352 50,955 Other 86 86 13,033 Total Redemptions 165,945 165,945 20,308,858 Net Change in Public Debt Outstanding 8,951 8,951 438,892 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday April 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) 174,896 174,896 20,747,750 Premium on New Issues 0 0 609 Discount on New Issues: Bills (-) 20 20 15,590 Bonds and Notes (-) 0 0 1,059 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 146,205 146,205 18,187,356 Interest Increment on United States Savings Securities (-) 662 662 4,194 Inflation-Protected Securities Increment 76 76 6,239 Total Public Debt Cash Issues Deposited in Federal Reserve Account 27,933 27,933 2,533,920 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 165,945 165,945 20,308,858 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 (-) 160,447 160,447 18,044,688 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 5,498 5,498 2,264,169 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday April 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 1/ $ 5,357,331 $ 5,334,116 $ 5,334,116 $ 5,049,306 Intragovernmental Holdings 4,089,214 4,103,479 4,103,479 3,958,348 Total Public Debt Outstanding 9,446,546 9,437,594 9,437,594 9,007,653 Less: Debt Not Subject to Limit: Other Debt 498 498 498 502 Unamortized Discount 64,947 65,014 65,014 71,877 Federal Financing Bank 14,000 14,000 14,000 14,000 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 53 53 53 69 Total Public Debt Subject to Limit 9,367,153 9,358,135 9,358,135 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 $450 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Tuesday April 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 $ 16,204 $ 16,204 $ 953,165 Individual Income Taxes 156 156 4,133 Railroad Retirement Taxes 38 38 2,467 Excise Taxes 10 10 30,691 Corporation Income Taxes 158 158 156,199 Federal Unemployment Taxes 11 11 2,348 Estate and Gift Taxes & Misc IRS Rcpts. 9 9 374 Change in Balance of Unclassified Taxes -31 -31 -22 Total 16,555 16,555 1,149,356 These Receipts were deposited in: Federal Reserve Account: Directly 98 98 19,090 Collector Depositaries 1,606 1,606 265,557 Tax and Loan Accounts 14,353 14,353 831,290 Inter-agency Transfers 498 498 33,419 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 38 $ 319 $ 11,083 $ 40,587 Deposits: Taxes Received (Table IV) 5 56 14,292 14,353 Transfers to Depositaries 4 38 3,353 3,394 Special Direct Investment 0 0 0 3,524 Term Investment 0 0 0 8,991 Repo Investment 0 0 0 500 Withdrawals: Treasury Initiated 0 0 3,896 3,896 Depositary Initiated 2 21 13,949 13,972 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 11,694 Repo Investment 0 0 0 0 Closing Balance Today 45 392 10,882 41,787 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday April 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 $ 495 $ 495 $ 175,821 Business 713 713 39,187 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.