1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday April 07, 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 $ 6,263 $ 5,759 $ 5,552 $ 5,539 Tax and Loan Note Accounts (Table V) 4,497 2,462 40,587 69,698 Total Operating Balance 10,761 8,221 46,139 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday April 07, 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) 14 154 3,514 Commodity Credit Corporation programs 48 318 6,008 Customs and Certain Excise Taxes 83 332 17,468 Deposits by States: Supplemental Security Income 0 1 2,361 Unemployment 28 108 9,150 Education Department programs 76 312 7,315 Energy Department programs 15 115 3,463 Estate and Gift Taxes 55 487 14,436 Federal Reserve Earnings 0 1,598 19,307 Foreign Deposits, Military Sales 32 926 9,458 FTD's Received (Table IV) 1,978 10,275 293,218 Housing and Urban Development programs 1 207 2,882 Individual Income and Employment Taxes, Not Withheld 1,496 5,895 122,973 Interest recd from T&L Depositaries 0 12 436 Justice Department programs 6 69 2,169 Postal Service 467 2,139 54,456 Public Debt Cash Issues (Table III-B) 162 94,106 2,600,093 Other Deposits: Defense Finance & Accounting Service 52 164 4,207 Federal Housing Admin: Note Sales 56 56 839 Gas and Oil Lease Sales Proceeds 1,004 1,258 5,967 Medicare Premiums 75 405 10,150 Total Other Deposits 1,188 4,152 36,147 Change in Balance of Uncollected Funds (closing balance $ 45) 140 58 114 Transfers from Depositaries 8,603 103,624 1,754,128 Total Federal Reserve Account 14,394 224,889 4,959,095 Tax and Loan Note Accounts: FTD's Received (Table IV) 8,282 35,275 852,212 Transfers from Federal Reserve Account (Table V) 2,356 32,260 836,716 Total Tax and Loan Note Accounts (Table V) 10,638 67,535 1,688,927 Total Deposits (excluding transfers) 14,073 156,541 4,057,178 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday April 07, 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 38 192 19,927 Defense Vendor Payments (EFT) 1,192 6,383 176,524 Education Department programs 498 1,466 51,104 Energy Department programs 66 705 14,649 Federal Employees Insurance Payments 120 944 29,014 Fed. Highway Administration programs 118 419 16,593 Federal Salaries (EFT) 1,158 4,821 82,679 Food and Nutrition Service (misc) 324 834 20,295 Food Stamps 151 321 10,503 GSA programs 36 569 8,681 Health and Human Services Grants (misc) 260 1,491 41,299 Housing and Urban Development programs 101 2,757 30,800 Interest on Treasury Securities 2 747 91,191 Justice Department programs 59 211 6,425 Labor Dept. prgms (excl. unemployment) 45 200 6,632 Medicaid 756 5,131 102,746 Medicare 1,004 17,818 232,822 NASA programs 72 281 7,568 Postal Service Money Orders and Other 349 952 25,915 Public Debt Cash Redemp. (Table III-B) 166 83,375 2,342,046 Social Security Benefits (EFT) 39 21,845 263,678 Temporary Assistance for Needy Families (HHS) 39 324 9,625 Unemployment Insurance Benefits 183 847 19,904 Veterans Affairs programs 177 646 13,669 Other Withdrawals: IRS Tax Refunds Business (EFT) 740 1,939 23,897 IRS Tax Refunds Individual (EFT) 379 6,658 141,490 Puerto Rico-Refund of IRS Collections 60 60 64 Thrift Savings Plan Transfer 102 256 9,572 Transportation Security Admin. (DHS) 6 21 1,117 Unclassified 3,295 12,188 166,737 Total, Other Withdrawals 4,582 38,639 497,364 Transfers to Depositaries 2,356 32,260 836,716 Total Federal Reserve Account 13,890 224,178 4,958,371 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 8,603 103,624 1,754,128 Total Withdrawals (excluding transfers) 11,533 191,919 4,121,655 Net Change in Operating Cash Balance 2,539 -35,378 -64,477 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday April 07, 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 62,993 1,957,652 Cash Management Series 0 26,001 188,002 Notes 0 -1 382,190 Bonds 0 0 29,836 Inflation-Protected Securities Increment 138 351 6,744 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 12 84 2,142 Interest Increment 0 663 4,195 Government Account Series 143,827 738,946 18,780,518 Domestic Series 0 0 516 Foreign Series 0 0 2,900 State and Local Series 57 4,770 40,204 Other 94 547 12,309 Total Issues 144,126 834,353 21,407,207 (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 64 294 7,630 Government Account Series 141,272 747,373 18,632,033 Domestic Series 0 0 516 Foreign Series 0 0 1,000 State and Local Series 2 6,382 51,985 Other 99 542 13,489 Total Redemptions 141,438 830,749 20,973,662 Net Change in Public Debt Outstanding 2,689 3,604 433,545 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday April 07, 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) 144,126 834,353 21,407,207 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 (-) 143,827 738,946 18,780,097 Interest Increment on United States Savings Securities (-) 0 663 4,195 Inflation-Protected Securities Increment 138 351 6,514 Total Public Debt Cash Issues Deposited in Federal Reserve Account 162 94,106 2,600,093 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 141,438 830,749 20,973,662 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 (-) 141,272 747,373 18,631,615 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 166 83,375 2,342,046 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday April 07, 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/ $ 5,346,812 $ 5,346,704 $ 5,334,116 $ 5,049,306 Intragovernmental Holdings 4,094,386 4,091,806 4,103,479 3,958,348 Total Public Debt Outstanding 9,441,198 9,438,510 9,437,594 9,007,653 Less: Debt Not Subject to Limit: Other Debt 498 498 498 502 Unamortized Discount 64,702 64,955 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 9,362,051 9,359,109 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 $2,13 1 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Monday April 07, 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 $ 10,253 $ 46,089 $ 983,050 Individual Income Taxes 92 430 4,407 Railroad Retirement Taxes 38 98 2,528 Excise Taxes 9 52 30,733 Corporation Income Taxes 47 426 156,468 Federal Unemployment Taxes 14 60 2,396 Estate and Gift Taxes & Misc IRS Rcpts. 1 22 387 Change in Balance of Unclassified Taxes 46 195 204 Total 10,499 47,371 1,180,172 These Receipts were deposited in: Federal Reserve Account: Directly 49 330 19,323 Collector Depositaries 1,929 9,945 273,896 Tax and Loan Accounts 8,282 35,275 852,212 Inter-agency Transfers 239 1,821 34,742 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 13 $ 133 $ 816 $ 2,462 Deposits: Taxes Received (Table IV) 4 38 8,240 8,282 Transfers to Depositaries 0 1 56 56 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 2,300 Withdrawals: Treasury Initiated 0 0 4,259 4,259 Depositary Initiated 1 10 2,834 2,844 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,500 Closing Balance Today 17 161 2,019 4,497 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday April 07, 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 $ 551 $ 11,068 $ 186,393 Business 783 2,667 41,142 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.