1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday April 10, 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 $ 4,698 $ 3,437 $ 5,552 $ 5,539 Tax and Loan Note Accounts (Table V) 27 241 40,587 69,698 Total Operating Balance 4,725 3,678 46,139 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday April 10, 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) 18 205 3,565 Commodity Credit Corporation programs 79 527 6,216 Customs and Certain Excise Taxes 59 536 17,672 Deposits by States: Supplemental Security Income 0 1 2,361 Unemployment 39 229 9,271 Education Department programs 25 415 7,419 Energy Department programs 11 150 3,498 Estate and Gift Taxes 117 875 14,825 Federal Reserve Earnings 0 2,364 20,073 Foreign Deposits, Military Sales 76 1,017 9,548 FTD's Received (Table IV) 878 14,839 297,782 Housing and Urban Development programs 23 275 2,950 Individual Income and Employment Taxes, Not Withheld 2,139 15,079 132,158 Interest recd from T&L Depositaries 1 13 436 Justice Department programs 18 103 2,203 Postal Service 357 3,446 55,763 Public Debt Cash Issues (Table III-B) 80,097 174,658 2,680,645 Other Deposits: Total Other Deposits 0 4,261 36,256 Change in Balance of Uncollected Funds (closing balance $ 282) -8 -178 -123 Transfers from Depositaries 2,265 116,492 1,766,997 Total Federal Reserve Account 86,192 335,308 5,069,513 Tax and Loan Note Accounts: FTD's Received (Table IV) 2,049 41,921 858,858 Transfers from Federal Reserve Account (Table V) 3 34,012 838,468 Total Tax and Loan Note Accounts (Table V) 2,052 75,933 1,697,326 Total Deposits (excluding transfers) 85,976 260,736 4,161,374 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday April 10, 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 27 301 20,037 Defense Vendor Payments (EFT) 1,251 10,833 180,974 Education Department programs 259 2,239 51,877 Energy Department programs 147 1,007 14,951 Federal Employees Insurance Payments 428 1,781 29,851 Fed. Highway Administration programs 40 736 16,910 Federal Salaries (EFT) 689 6,224 84,082 Food and Nutrition Service (misc) 157 1,319 20,779 Food Stamps 73 550 10,732 GSA programs 89 762 8,874 Health and Human Services Grants (misc) 302 2,269 42,077 Housing and Urban Development programs 91 3,115 31,157 Interest on Treasury Securities 2 753 91,197 Justice Department programs 49 352 6,565 Labor Dept. prgms (excl. unemployment) 50 317 6,750 Medicaid 1,001 7,709 105,324 Medicare 940 21,055 236,058 NASA programs 32 444 7,731 Postal Service Money Orders and Other 177 1,556 26,519 Public Debt Cash Redemp. (Table III-B) 76,763 161,072 2,419,743 Social Security Benefits (EFT) 47 28,246 270,079 Temporary Assistance for Needy Families (HHS) 38 433 9,734 Unemployment Insurance Benefits 136 1,383 20,441 Veterans Affairs programs 75 915 13,939 Other Withdrawals: Agriculture Loan Payments (misc) 60 60 419 Centers for Disease Control 52 52 452 IRS Tax Refunds Business (EFT) 111 2,296 24,253 IRS Tax Refunds Individual (EFT) 275 7,445 142,277 Transportation Security Admin. (DHS) 33 62 1,158 Unclassified 1,534 18,412 172,961 Total, Other Withdrawals 2,066 46,779 505,505 Transfers to Depositaries 3 34,012 838,468 Total Federal Reserve Account 84,931 336,162 5,070,354 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 2,265 116,492 1,766,997 Total Withdrawals (excluding transfers) 84,929 302,150 4,231,886 Net Change in Operating Cash Balance 1,047 -41,414 -70,512 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday April 10, 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 55,013 118,006 2,012,665 Cash Management Series 25,000 51,001 213,002 Notes 0 -1 382,190 Bonds 0 0 29,836 Inflation-Protected Securities Increment 46 488 6,881 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 8 110 2,167 Interest Increment 0 664 4,196 Government Account Series 144,051 1,170,767 19,212,340 Domestic Series 0 0 516 Foreign Series 0 0 2,900 State and Local Series 145 5,135 40,569 Other 207 971 12,733 Total Issues 224,469 1,347,140 21,919,994 (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 76,513 152,670 2,009,023 Notes 0 0 324,369 Bonds 0 0 10,130 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 54 464 7,800 Government Account Series 142,354 1,180,955 19,065,614 Domestic Series 0 0 516 Foreign Series 0 0 1,000 State and Local Series 15 6,445 52,048 Other 181 1,493 14,440 Total Redemptions 219,117 1,342,026 21,484,939 Net Change in Public Debt Outstanding 5,352 5,113 435,054 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday April 10, 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) 224,469 1,347,140 21,919,994 Premium on New Issues 0 0 609 Discount on New Issues: Bills (-) 276 563 16,133 Bonds and Notes (-) 0 0 1,059 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 144,051 1,170,767 19,211,919 Interest Increment on United States Savings Securities (-) 0 664 4,196 Inflation-Protected Securities Increment 46 488 6,651 Total Public Debt Cash Issues Deposited in Federal Reserve Account 80,097 174,658 2,680,645 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 219,117 1,342,026 21,484,939 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 (-) 142,354 1,180,955 19,065,196 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 76,763 161,072 2,419,743 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday April 10, 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 $ 5,349,601 $ 5,346,425 $ 5,334,116 $ 5,049,306 Intragovernmental Holdings 4,093,106 4,090,931 4,103,479 3,958,348 Total Public Debt Outstanding 9,442,707 9,437,355 9,437,594 9,007,653 Less: Debt Not Subject to Limit: Other Debt 498 498 498 502 Unamortized Discount 64,725 64,534 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 9,363,537 9,358,376 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 Thursday April 10, 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 $ 1,877 $ 56,414 $ 993,375 Individual Income Taxes 388 1,066 5,043 Railroad Retirement Taxes 6 109 2,538 Excise Taxes 483 640 31,321 Corporation Income Taxes 277 938 156,979 Federal Unemployment Taxes 16 105 2,441 Estate and Gift Taxes & Misc IRS Rcpts. 3 28 393 Change in Balance of Unclassified Taxes 61 123 133 Total 3,112 59,423 1,192,224 These Receipts were deposited in: Federal Reserve Account: Directly 59 541 19,533 Collector Depositaries 818 14,298 278,249 Tax and Loan Accounts 2,049 41,921 858,858 Inter-agency Transfers 185 2,663 35,584 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 24 $ 217 $ 0 $ 241 Deposits: Taxes Received (Table IV) 3 28 2,018 2,049 Transfers to Depositaries 0 0 2 3 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Withdrawals: Treasury Initiated 24 217 1,425 1,666 Depositary Initiated 0 4 596 599 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 2 25 0 27 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday April 10, 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 $ 451 $ 12,427 $ 187,753 Business 367 4,003 42,478 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.