1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday April 11, 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 $ 3,919 $ 4,698 $ 5,552 $ 5,539 Tax and Loan Note Accounts (Table V) 0 27 40,587 69,698 Total Operating Balance 3,919 4,725 46,139 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday April 11, 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) 53 257 3,617 Commodity Credit Corporation programs 50 576 6,266 Customs and Certain Excise Taxes 71 607 17,743 Deposits by States: Supplemental Security Income 0 2 2,361 Unemployment 49 278 9,320 Education Department programs 46 461 7,465 Energy Department programs 17 167 3,515 Estate and Gift Taxes 78 953 14,903 Federal Reserve Earnings 0 2,364 20,073 Foreign Deposits, Military Sales 13 1,030 9,561 FTD's Received (Table IV) 1,690 16,529 299,472 Housing and Urban Development programs 50 326 3,000 Individual Income and Employment Taxes, Not Withheld 4,367 19,446 136,524 Interest recd from T&L Depositaries 0 13 436 Justice Department programs 5 109 2,208 Postal Service 350 3,796 56,113 Public Debt Cash Issues (Table III-B) 451 175,109 2,681,096 Other Deposits: Air Transport Security Fees 1 13 1,178 Total Other Deposits 1 4,262 36,257 Change in Balance of Uncollected Funds (closing balance $ 224) 58 -120 -65 Transfers from Depositaries 5,113 121,605 1,772,110 Total Federal Reserve Account 12,463 347,770 5,081,976 Tax and Loan Note Accounts: FTD's Received (Table IV) 5,086 47,007 863,943 Transfers from Federal Reserve Account (Table V) 0 34,012 838,468 Total Tax and Loan Note Accounts (Table V) 5,086 81,019 1,702,411 Total Deposits (excluding transfers) 12,435 273,172 4,173,809 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday April 11, 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 19 320 20,056 Defense Vendor Payments (EFT) 970 11,803 181,944 Education Department programs 207 2,446 52,084 Energy Department programs 128 1,135 15,079 Federal Employees Insurance Payments 140 1,921 29,991 Fed. Highway Administration programs 57 793 16,967 Federal Salaries (EFT) 112 6,337 84,195 Food and Nutrition Service (misc) 177 1,495 20,956 Food Stamps 76 626 10,808 GSA programs 21 784 8,895 Health and Human Services Grants (misc) 309 2,578 42,385 Housing and Urban Development programs 27 3,141 31,184 Interest on Treasury Securities 6 759 91,203 Justice Department programs 25 377 6,591 Labor Dept. prgms (excl. unemployment) 134 451 6,884 Medicaid 764 8,474 106,089 Medicare 1,275 22,329 237,333 NASA programs 33 477 7,764 Postal Service Money Orders and Other 156 1,711 26,675 Public Debt Cash Redemp. (Table III-B) 775 161,847 2,420,518 Social Security Benefits (EFT) 37 28,283 270,116 Temporary Assistance for Needy Families (HHS) 39 472 9,773 Unemployment Insurance Benefits 106 1,489 20,547 Veterans Affairs programs 109 1,025 14,049 Other Withdrawals: Federal Financing Bank (net) 180 217 -496 Federal Railroad Admin. 312 312 981 IRS Tax Refunds Individual (EFT) 5,696 13,141 147,973 Transportation Security Admin. (DHS) 13 75 1,171 Unclassified 1,337 19,749 174,297 Total, Other Withdrawals 7,538 54,318 513,043 Transfers to Depositaries 0 34,012 838,468 Total Federal Reserve Account 13,242 349,404 5,083,596 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 5,113 121,605 1,772,110 Total Withdrawals (excluding transfers) 13,242 315,392 4,245,128 Net Change in Operating Cash Balance -806 -42,220 -71,318 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday April 11, 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 0 118,006 2,012,664 Cash Management Series 0 51,001 213,002 Notes 0 -1 382,190 Bonds 0 0 29,836 Inflation-Protected Securities Increment 46 534 6,928 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 10 120 2,178 Interest Increment 0 664 4,196 Government Account Series 140,734 1,311,501 19,353,074 Domestic Series 0 0 516 Foreign Series 0 0 2,900 State and Local Series 328 5,463 40,897 Other 113 1,084 12,846 Total Issues 141,232 1,488,371 22,061,225 (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 0 152,670 2,009,023 Notes 0 0 324,369 Bonds 0 0 10,130 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 50 514 7,850 Government Account Series 140,406 1,321,361 19,206,021 Domestic Series 0 0 516 Foreign Series 0 0 1,000 State and Local Series 606 7,051 52,654 Other 119 1,612 14,558 Total Redemptions 141,182 1,483,208 21,626,121 Net Change in Public Debt Outstanding 50 5,163 435,104 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday April 11, 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) 141,232 1,488,371 22,061,225 Premium on New Issues 0 0 609 Discount on New Issues: Bills (-) 0 563 16,133 Bonds and Notes (-) 0 0 1,059 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 140,734 1,311,501 19,352,653 Interest Increment on United States Savings Securities (-) 0 664 4,196 Inflation-Protected Securities Increment 46 534 6,698 Total Public Debt Cash Issues Deposited in Federal Reserve Account 451 175,109 2,681,096 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 141,182 1,483,208 21,626,121 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 (-) 140,406 1,321,361 19,205,603 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 775 161,847 2,420,518 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday April 11, 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 $ 5,349,313 $ 5,349,601 $ 5,334,116 $ 5,049,306 Intragovernmental Holdings 4,093,444 4,093,106 4,103,479 3,958,348 Total Public Debt Outstanding 9,442,758 9,442,707 9,437,594 9,007,653 Less: Debt Not Subject to Limit: Other Debt 498 498 498 502 Unamortized Discount 64,643 64,725 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 9,363,669 9,363,537 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 Friday April 11, 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 $ 5,486 $ 61,900 $ 998,862 Individual Income Taxes 483 1,549 5,526 Railroad Retirement Taxes 39 147 2,577 Excise Taxes 88 727 31,408 Corporation Income Taxes 658 1,596 157,637 Federal Unemployment Taxes 18 123 2,459 Estate and Gift Taxes & Misc IRS Rcpts. 4 32 397 Change in Balance of Unclassified Taxes 24 148 157 Total 6,800 66,223 1,199,024 These Receipts were deposited in: Federal Reserve Account: Directly 96 637 19,629 Collector Depositaries 1,594 15,892 279,843 Tax and Loan Accounts 5,086 47,007 863,943 Inter-agency Transfers 24 2,687 35,608 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 2 $ 25 $ 0 $ 27 Deposits: Taxes Received (Table IV) 4 57 5,025 5,086 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 7 74 3,620 3,701 Depositary Initiated 0 7 1,404 1,412 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today 0 0 0 0 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday April 11, 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 $ 9,187 $ 21,614 $ 196,940 Business 116 4,119 42,593 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.