1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday April 04, 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 $ 5,759 $ 3,558 $ 5,552 $ 5,539 Tax and Loan Note Accounts (Table V) 2,462 10,856 40,587 69,698 Total Operating Balance 8,221 14,414 46,139 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday April 04, 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) 13 141 3,500 Commodity Credit Corporation programs 68 270 5,960 Customs and Certain Excise Taxes 65 250 17,386 Deposits by States: Supplemental Security Income 0 1 2,361 Unemployment 27 80 9,122 Education Department programs 51 235 7,239 Energy Department programs 6 100 3,448 Estate and Gift Taxes 122 431 14,381 Federal Reserve Earnings 0 1,598 19,307 Foreign Deposits, Military Sales 38 894 9,426 FTD's Received (Table IV) 2,525 8,297 291,240 Housing and Urban Development programs 39 206 2,881 Individual Income and Employment Taxes, Not Withheld 1,046 4,398 121,477 Interest recd from T&L Depositaries 1 12 435 Justice Department programs 6 63 2,162 Postal Service 401 1,672 53,989 Public Debt Cash Issues (Table III-B) 151 93,944 2,599,931 Other Deposits: Gas and Oil Lease Sales Proceeds 119 254 4,963 Interior: Bureau of Reclamation 162 162 162 Medicare Premiums 176 330 10,075 Thrift Savings Plan Transfer 50 321 11,333 Total Other Deposits 508 2,965 34,959 Change in Balance of Uncollected Funds (closing balance $ 186) -20 -82 -27 Transfers from Depositaries 15,419 95,021 1,745,525 Total Federal Reserve Account 20,467 210,495 4,944,701 Tax and Loan Note Accounts: FTD's Received (Table IV) 5,469 26,993 843,930 Transfers from Federal Reserve Account (Table V) 1,556 29,903 834,359 Total Tax and Loan Note Accounts (Table V) 7,025 56,897 1,678,289 Total Deposits (excluding transfers) 10,518 142,468 4,043,106 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday April 04, 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 19 154 19,889 Defense Vendor Payments (EFT) 1,083 5,191 175,331 Education Department programs 167 968 50,606 Energy Department programs 101 639 14,583 Federal Employees Insurance Payments 108 824 28,894 Fed. Highway Administration programs 54 302 16,476 Federal Salaries (EFT) 2,615 3,663 81,521 Food and Nutrition Service (misc) 143 510 19,971 Food Stamps 58 169 10,352 GSA programs 11 533 8,645 Health and Human Services Grants (misc) 286 1,232 41,039 Housing and Urban Development programs 129 2,656 30,698 Interest on Treasury Securities 1 745 91,189 Justice Department programs 50 153 6,366 Labor Dept. prgms (excl. unemployment) 42 155 6,588 Medicaid 741 4,375 101,990 Medicare 1,800 16,815 231,818 NASA programs 34 208 7,496 Postal Service Money Orders and Other 170 602 25,566 Public Debt Cash Redemp. (Table III-B) 194 83,210 2,341,881 Social Security Benefits (EFT) 48 21,806 263,639 Temporary Assistance for Needy Families (HHS) 67 285 9,586 Unemployment Insurance Benefits 116 664 19,722 Veterans Affairs programs 228 469 13,492 Other Withdrawals: Emergency Prep & Response (DHS) 55 145 4,946 IRS Tax Refunds Business (EFT) 226 1,199 23,157 IRS Tax Refunds Individual (EFT) 5,490 6,297 141,129 Thrift Savings Plan Transfer 84 154 9,470 Transportation Security Admin. (DHS) 6 15 1,111 Unclassified 2,583 8,893 163,442 Total, Other Withdrawals 8,443 34,058 492,783 Transfers to Depositaries 1,556 29,903 834,359 Total Federal Reserve Account 18,266 210,289 4,944,481 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 15,419 95,021 1,745,525 Total Withdrawals (excluding transfers) 16,710 180,385 4,110,121 Net Change in Operating Cash Balance -6,192 -37,917 -67,016 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday April 04, 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 62,994 1,957,653 Cash Management Series 0 26,001 188,002 Notes 0 -1 382,190 Bonds 0 0 29,836 Inflation-Protected Securities Increment 46 213 6,606 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 14 72 2,129 Interest Increment 0 663 4,195 Government Account Series 142,785 595,119 18,636,691 Domestic Series 0 0 516 Foreign Series 0 0 2,900 State and Local Series 39 4,713 40,147 Other 98 452 12,215 Total Issues 142,983 690,226 21,263,080 (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 76,157 1,932,510 Notes 0 0 324,369 Bonds 0 0 10,130 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 53 230 7,566 Government Account Series 141,704 606,101 18,490,761 Domestic Series 0 0 516 Foreign Series 0 0 1,000 State and Local Series 39 6,380 51,983 Other 101 443 13,389 Total Redemptions 141,898 689,311 20,832,224 Net Change in Public Debt Outstanding 1,085 916 430,856 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday April 04, 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) 142,983 690,226 21,263,080 Premium on New Issues 0 0 609 Discount on New Issues: Bills (-) 0 287 15,858 Bonds and Notes (-) 0 0 1,059 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 142,785 595,119 18,636,270 Interest Increment on United States Savings Securities (-) 0 663 4,195 Inflation-Protected Securities Increment 46 213 6,376 Total Public Debt Cash Issues Deposited in Federal Reserve Account 151 93,944 2,599,931 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 141,898 689,311 20,832,224 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 (-) 141,704 606,101 18,490,343 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 194 83,210 2,341,881 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday April 04, 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/ $ 5,346,704 $ 5,346,608 $ 5,334,116 $ 5,049,306 Intragovernmental Holdings 4,091,806 4,090,817 4,103,479 3,958,348 Total Public Debt Outstanding 9,438,510 9,437,425 9,437,594 9,007,653 Less: Debt Not Subject to Limit: Other Debt 498 498 498 502 Unamortized Discount 64,955 65,039 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 9,359,109 9,357,940 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 $1,04 3 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Friday April 04, 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 $ 8,129 $ 35,836 $ 972,797 Individual Income Taxes 97 338 4,315 Railroad Retirement Taxes 9 61 2,490 Excise Taxes 15 43 30,724 Corporation Income Taxes 71 379 156,420 Federal Unemployment Taxes 13 46 2,382 Estate and Gift Taxes & Misc IRS Rcpts. 4 21 387 Change in Balance of Unclassified Taxes 13 149 158 Total 8,352 36,872 1,169,673 These Receipts were deposited in: Federal Reserve Account: Directly 50 281 19,273 Collector Depositaries 2,475 8,016 271,967 Tax and Loan Accounts 5,469 26,993 843,930 Inter-agency Transfers 357 1,582 34,503 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 9 $ 86 $ 3,581 $ 10,856 Deposits: Taxes Received (Table IV) 5 57 5,407 5,469 Transfers to Depositaries 0 0 56 56 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,500 Withdrawals: Treasury Initiated 0 0 6,389 6,389 Depositary Initiated 0 11 1,839 1,850 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 5,680 Repo Investment 0 0 0 1,500 Closing Balance Today 13 133 816 2,462 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday April 04, 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 $ 9,141 $ 10,535 $ 185,860 Business 374 1,884 40,359 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.