1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday April 09, 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 $ 3,437 $ 5,355 $ 5,552 $ 5,539 Tax and Loan Note Accounts (Table V) 241 3,387 40,587 69,698 Total Operating Balance 3,678 8,742 46,139 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday April 09, 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) 12 187 3,547 Commodity Credit Corporation programs 69 448 6,137 Customs and Certain Excise Taxes 61 477 17,614 Deposits by States: Supplemental Security Income 0 1 2,361 Unemployment 39 190 9,232 Education Department programs 21 390 7,393 Energy Department programs 8 139 3,487 Estate and Gift Taxes 116 758 14,708 Federal Reserve Earnings 766 2,364 20,073 Foreign Deposits, Military Sales 11 941 9,473 FTD's Received (Table IV) 3,039 13,961 296,904 Housing and Urban Development programs 44 252 2,927 Individual Income and Employment Taxes, Not Withheld 2,258 12,940 130,019 Interest recd from T&L Depositaries 0 13 436 Justice Department programs 7 85 2,185 Postal Service 403 3,089 55,405 Public Debt Cash Issues (Table III-B) 235 94,561 2,600,548 Other Deposits: Total Other Deposits 0 4,261 36,256 Change in Balance of Uncollected Funds (closing balance $ 274) -67 -170 -115 Transfers from Depositaries 6,340 114,227 1,764,731 Total Federal Reserve Account 13,361 249,115 4,983,321 Tax and Loan Note Accounts: FTD's Received (Table IV) 3,194 39,872 856,808 Transfers from Federal Reserve Account (Table V) 0 34,010 838,466 Total Tax and Loan Note Accounts (Table V) 3,194 73,881 1,695,274 Total Deposits (excluding transfers) 10,215 174,760 4,075,398 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday April 09, 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 46 274 20,010 Defense Vendor Payments (EFT) 1,283 9,582 179,723 Education Department programs 228 1,980 51,618 Energy Department programs 54 860 14,804 Federal Employees Insurance Payments 150 1,353 29,423 Fed. Highway Administration programs 69 695 16,870 Federal Salaries (EFT) 234 5,535 83,393 Food and Nutrition Service (misc) 169 1,162 20,622 Food Stamps 72 477 10,660 GSA programs 54 673 8,785 Health and Human Services Grants (misc) 253 1,967 41,775 Housing and Urban Development programs 150 3,024 31,066 Interest on Treasury Securities 2 751 91,195 Justice Department programs 55 303 6,516 Labor Dept. prgms (excl. unemployment) 45 267 6,700 Medicaid 591 6,708 104,324 Medicare 1,223 20,115 235,118 NASA programs 91 411 7,698 Postal Service Money Orders and Other 180 1,379 26,342 Public Debt Cash Redemp. (Table III-B) 776 84,309 2,342,980 Social Security Benefits (EFT) 6,314 28,199 270,032 Temporary Assistance for Needy Families (HHS) 35 396 9,696 Unemployment Insurance Benefits 180 1,247 20,304 Veterans Affairs programs 105 841 13,864 Other Withdrawals: HHS Deposit Fund Transfers to States 1/ 174 174 1,082 Interior 50 324 6,387 IRS Tax Refunds Individual (EFT) 253 7,170 142,002 Thrift Savings Plan Transfer 139 468 9,785 Transportation Security Admin. (DHS) 5 29 1,125 Unclassified 2,300 16,877 171,426 Total, Other Withdrawals 2,922 44,714 503,439 Transfers to Depositaries 0 34,010 838,466 Total Federal Reserve Account 15,280 251,231 4,985,423 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 6,340 114,227 1,764,731 Total Withdrawals (excluding transfers) 15,280 217,221 4,146,958 Net Change in Operating Cash Balance -5,064 -42,461 -71,560 1/Transfer by HHS from Federal Tax Refund Offset Program to various State age ncies for delinquent child support. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday April 09, 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 45 442 6,836 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 8 102 2,160 Interest Increment 0 664 4,196 Government Account Series 140,787 1,026,716 19,068,288 Domestic Series 0 0 516 Foreign Series 0 0 2,900 State and Local Series 98 4,990 40,424 Other 128 764 12,526 Total Issues 141,066 1,122,671 21,695,524 (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 59 411 7,746 Government Account Series 149,090 1,038,600 18,923,260 Domestic Series 0 0 516 Foreign Series 0 0 1,000 State and Local Series 37 6,430 52,033 Other 679 1,312 14,258 Total Redemptions 149,865 1,122,909 21,265,822 Net Change in Public Debt Outstanding -8,799 -239 429,702 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday April 09, 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) 141,066 1,122,671 21,695,524 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 (-) 140,787 1,026,716 19,067,867 Interest Increment on United States Savings Securities (-) 0 664 4,196 Inflation-Protected Securities Increment 45 442 6,606 Total Public Debt Cash Issues Deposited in Federal Reserve Account 235 94,561 2,600,548 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 149,865 1,122,909 21,265,822 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 (-) 149,090 1,038,600 18,922,842 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 776 84,309 2,342,980 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday April 09, 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 $ 5,346,425 $ 5,347,013 $ 5,334,116 $ 5,049,306 Intragovernmental Holdings 4,090,931 4,099,141 4,103,479 3,958,348 Total Public Debt Outstanding 9,437,355 9,446,154 9,437,594 9,007,653 Less: Debt Not Subject to Limit: Other Debt 498 498 498 502 Unamortized Discount 64,534 64,618 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 9,358,376 9,367,091 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 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Wednesday April 09, 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 $ 6,034 $ 54,536 $ 991,498 Individual Income Taxes 103 678 4,654 Railroad Retirement Taxes 3 103 2,532 Excise Taxes 84 157 30,838 Corporation Income Taxes 78 661 156,702 Federal Unemployment Taxes 16 89 2,425 Estate and Gift Taxes & Misc IRS Rcpts. 1 25 390 Change in Balance of Unclassified Taxes -59 62 72 Total 6,260 56,311 1,189,112 These Receipts were deposited in: Federal Reserve Account: Directly 87 482 19,474 Collector Depositaries 2,951 13,480 277,431 Tax and Loan Accounts 3,194 39,872 856,808 Inter-agency Transfers 27 2,478 35,399 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 19 $ 182 $ 1,686 $ 3,387 Deposits: Taxes Received (Table IV) 6 55 3,133 3,194 Transfers to Depositaries 0 0 0 0 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 3,461 3,461 Depositary Initiated 1 20 1,358 1,379 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,500 Closing Balance Today 24 217 0 241 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday April 09, 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 $ 430 $ 11,977 $ 187,302 Business 85 3,636 42,111 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.