1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday April 08, 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 $ 5,355 $ 6,263 $ 5,552 $ 5,539 Tax and Loan Note Accounts (Table V) 3,387 4,497 40,587 69,698 Total Operating Balance 8,742 10,761 46,139 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday April 08, 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) 21 175 3,535 Commodity Credit Corporation programs 60 378 6,068 Customs and Certain Excise Taxes 84 416 17,552 Deposits by States: Supplemental Security Income 0 1 2,361 Unemployment 43 151 9,193 Education Department programs 57 369 7,372 Energy Department programs 16 130 3,478 Estate and Gift Taxes 156 643 14,592 Federal Reserve Earnings 0 1,598 19,307 Foreign Deposits, Military Sales 4 930 9,462 FTD's Received (Table IV) 647 10,923 293,866 Housing and Urban Development programs 1 208 2,883 Individual Income and Employment Taxes, Not Withheld 4,788 10,682 127,761 Interest recd from T&L Depositaries 0 13 436 Justice Department programs 9 78 2,178 Postal Service 547 2,686 55,003 Public Debt Cash Issues (Table III-B) 221 94,327 2,600,314 Other Deposits: Air Transport Security Fees 1 12 1,176 Federal Housing Admin: Note Sales 108 165 947 Total Other Deposits 109 4,261 36,256 Change in Balance of Uncollected Funds (closing balance $ 207) -162 -104 -48 Transfers from Depositaries 4,263 107,887 1,758,392 Total Federal Reserve Account 10,865 235,754 4,969,960 Tax and Loan Note Accounts: FTD's Received (Table IV) 1,403 36,678 853,615 Transfers from Federal Reserve Account (Table V) 1,750 34,010 838,466 Total Tax and Loan Note Accounts (Table V) 3,153 70,688 1,692,080 Total Deposits (excluding transfers) 8,004 164,545 4,065,183 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday April 08, 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 36 227 19,963 Defense Vendor Payments (EFT) 1,917 8,300 178,440 Education Department programs 286 1,752 51,391 Energy Department programs 101 806 14,750 Federal Employees Insurance Payments 259 1,203 29,273 Fed. Highway Administration programs 207 626 16,801 Federal Salaries (EFT) 480 5,302 83,160 Food and Nutrition Service (misc) 158 992 20,453 Food Stamps 85 406 10,588 GSA programs 50 619 8,731 Health and Human Services Grants (misc) 223 1,714 41,522 Housing and Urban Development programs 117 2,874 30,916 Interest on Treasury Securities 2 749 91,193 Justice Department programs 36 247 6,461 Labor Dept. prgms (excl. unemployment) 23 222 6,655 Medicaid 986 6,117 103,732 Medicare 1,074 18,892 233,896 NASA programs 39 320 7,607 Postal Service Money Orders and Other 247 1,198 26,162 Public Debt Cash Redemp. (Table III-B) 158 83,533 2,342,205 Social Security Benefits (EFT) 40 21,885 263,718 Temporary Assistance for Needy Families (HHS) 36 361 9,661 Unemployment Insurance Benefits 220 1,067 20,124 Veterans Affairs programs 90 736 13,760 Other Withdrawals: Interior 66 274 6,337 International Monetary Fund 53 80 -331 IRS Tax Refunds Business (EFT) 228 2,167 24,125 IRS Tax Refunds Individual (EFT) 259 6,917 141,749 Thrift Savings Plan Transfer 73 329 9,646 Transportation Security Admin. (DHS) 2 23 1,120 USDA: Forest Service 82 82 1,538 Unclassified 2,389 14,577 169,126 Total, Other Withdrawals 3,153 41,792 500,517 Transfers to Depositaries 1,750 34,010 838,466 Total Federal Reserve Account 11,773 235,951 4,970,143 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 4,263 107,887 1,758,392 Total Withdrawals (excluding transfers) 10,023 201,942 4,131,678 Net Change in Operating Cash Balance -2,019 -37,397 -66,495 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday April 08, 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 62,993 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 47 397 6,791 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 10 94 2,152 Interest Increment 0 664 4,195 Government Account Series 146,983 885,929 18,927,502 Domestic Series 0 0 516 Foreign Series 0 0 2,900 State and Local Series 122 4,891 40,326 Other 89 636 12,398 Total Issues 147,251 981,604 21,554,458 (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 57 352 7,687 Government Account Series 142,137 889,511 18,774,170 Domestic Series 0 0 516 Foreign Series 0 0 1,000 State and Local Series 11 6,392 51,995 Other 90 633 13,579 Total Redemptions 142,295 973,044 21,115,957 Net Change in Public Debt Outstanding 4,956 8,560 438,501 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday April 08, 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) 147,251 981,604 21,554,458 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 (-) 146,983 885,929 18,927,081 Interest Increment on United States Savings Securities (-) 0 664 4,195 Inflation-Protected Securities Increment 47 397 6,561 Total Public Debt Cash Issues Deposited in Federal Reserve Account 221 94,327 2,600,314 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 142,295 973,044 21,115,957 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 (-) 142,137 889,511 18,773,752 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 158 83,533 2,342,205 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday April 08, 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/ $ 5,347,013 $ 5,346,812 $ 5,334,116 $ 5,049,306 Intragovernmental Holdings 4,099,141 4,094,386 4,103,479 3,958,348 Total Public Debt Outstanding 9,446,154 9,441,198 9,437,594 9,007,653 Less: Debt Not Subject to Limit: Other Debt 498 498 498 502 Unamortized Discount 64,618 64,702 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 9,367,091 9,362,051 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 $1,39 1 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Tuesday April 08, 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 $ 2,414 $ 48,503 $ 985,464 Individual Income Taxes 145 575 4,552 Railroad Retirement Taxes 1 100 2,529 Excise Taxes 21 73 30,754 Corporation Income Taxes 157 583 156,624 Federal Unemployment Taxes 13 73 2,409 Estate and Gift Taxes & Misc IRS Rcpts. 1 24 389 Change in Balance of Unclassified Taxes -73 122 131 Total 2,680 50,052 1,182,852 These Receipts were deposited in: Federal Reserve Account: Directly 64 394 19,386 Collector Depositaries 583 10,528 274,479 Tax and Loan Accounts 1,403 36,678 853,615 Inter-agency Transfers 630 2,451 35,372 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 17 $ 161 $ 2,019 $ 4,497 Deposits: Taxes Received (Table IV) 3 28 1,372 1,403 Transfers to Depositaries 0 2 248 250 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 1,629 1,629 Depositary Initiated 0 9 325 334 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 2,300 Closing Balance Today 19 182 1,686 3,387 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday April 08, 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 $ 479 $ 11,547 $ 186,873 Business 884 3,551 42,025 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.