1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday April 15, 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 $ 6,600 $ 5,545 $ 5,552 $ 5,539 Tax and Loan Note Accounts (Table V) 14,771 10,447 40,587 69,698 Total Operating Balance 21,371 15,992 46,139 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday April 15, 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) 42 309 3,668 Commodity Credit Corporation programs 81 709 6,398 Customs and Certain Excise Taxes 92 825 17,961 Deposits by States: Supplemental Security Income 0 2 2,362 Unemployment 83 418 9,459 Education Department programs 42 561 7,565 Energy Department programs 8 186 3,534 Estate and Gift Taxes 194 1,272 15,221 Federal Reserve Earnings 0 2,364 20,073 Foreign Deposits, Military Sales 29 1,065 9,596 FTD's Received (Table IV) 12,074 32,509 315,452 Housing and Urban Development programs 35 407 3,081 Individual Income and Employment Taxes, Not Withheld 15,858 37,455 154,534 Interest recd from T&L Depositaries 0 14 437 Justice Department programs 8 128 2,227 Postal Service 465 4,656 56,972 Public Debt Cash Issues (Table III-B) 6,568 181,876 2,687,862 Other Deposits: National Credit Union Administration 110 110 263 Total Other Deposits 110 4,425 36,420 Change in Balance of Uncollected Funds (closing balance $ 406) -346 -303 -247 Transfers from Depositaries 40,386 169,854 1,820,358 Total Federal Reserve Account 75,727 438,729 5,172,935 Tax and Loan Note Accounts: FTD's Received (Table IV) 39,711 99,668 916,605 Transfers from Federal Reserve Account (Table V) 4,998 44,370 848,826 Total Tax and Loan Note Accounts (Table V) 44,709 144,038 1,765,431 Total Deposits (excluding transfers) 75,052 368,544 4,269,181 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday April 15, 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 32 391 20,127 Defense Vendor Payments (EFT) 1,834 14,702 184,842 Education Department programs 273 3,082 52,720 Energy Department programs 94 1,317 15,261 Federal Employees Insurance Payments 266 2,433 30,502 Fed. Highway Administration programs 114 1,019 17,193 Federal Salaries (EFT) 226 6,664 84,522 Food and Nutrition Service (misc) 149 2,006 21,466 Food Stamps 143 940 11,122 GSA programs 49 887 8,999 Health and Human Services Grants (misc) 378 3,211 43,019 Housing and Urban Development programs 97 3,420 31,462 Interest on Treasury Securities 2,921 3,682 94,126 Justice Department programs 24 450 6,664 Labor Dept. prgms (excl. unemployment) 23 517 6,950 Medicaid 491 9,849 107,464 Medicare 1,154 24,461 239,464 NASA programs 67 598 7,885 Postal Service Money Orders and Other 152 2,096 27,059 Public Debt Cash Redemp. (Table III-B) 55,659 217,939 2,476,610 Social Security Benefits (EFT) 40 28,371 270,203 Temporary Assistance for Needy Families (HHS) 89 797 10,097 Unemployment Insurance Benefits 214 1,866 20,924 Veterans Affairs programs 89 1,276 14,299 Other Withdrawals: Export-Import Bank (net) -160 -167 -881 IRS Tax Refunds Business (EFT) 80 2,506 24,464 IRS Tax Refunds Individual (EFT) 308 13,831 148,663 Military Active Duty Pay (EFT) 2,587 6,098 41,355 Pmt. to Resolution Funding Corp (Treas) 464 464 938 Transportation Security Admin. (DHS) 1 83 1,179 Unclassified 1,816 22,937 177,486 Total, Other Withdrawals 5,096 61,340 520,065 Transfers to Depositaries 4,998 44,370 848,826 Total Federal Reserve Account 74,672 437,681 5,171,873 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 40,386 169,854 1,820,358 Total Withdrawals (excluding transfers) 69,673 393,311 4,323,048 Net Change in Operating Cash Balance 5,379 -24,768 -53,866 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday April 15, 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 0 118,003 2,012,662 Cash Management Series 0 51,001 213,002 Notes 6,000 5,999 388,190 Bonds 0 0 29,836 Inflation-Protected Securities Increment 101 773 7,167 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 8 138 2,195 Interest Increment 0 664 4,196 Government Account Series 154,935 1,609,345 19,650,918 Domestic Series 0 83 599 Foreign Series 0 0 2,900 State and Local Series 195 5,660 41,094 Other 103 1,295 13,057 Total Issues 161,343 1,792,960 22,365,814 (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 55,000 207,670 2,064,023 Notes 0 0 324,370 Bonds 0 0 10,130 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 52 627 7,962 Government Account Series 141,017 1,603,549 19,488,208 Domestic Series 83 83 599 Foreign Series 0 0 1,000 State and Local Series 418 7,730 53,333 Other 106 1,829 14,776 Total Redemptions 196,675 1,821,487 21,964,400 Net Change in Public Debt Outstanding -35,333 -28,527 401,414 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday April 15, 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) 161,343 1,792,960 22,365,814 Premium on New Issues 206 206 815 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 (-) 154,935 1,609,345 19,650,497 Interest Increment on United States Savings Securities (-) 0 664 4,196 Inflation-Protected Securities Increment 46 718 6,882 Total Public Debt Cash Issues Deposited in Federal Reserve Account 6,568 181,876 2,687,862 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 196,675 1,821,487 21,964,400 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 (-) 141,017 1,603,549 19,487,790 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 55,659 217,939 2,476,610 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday April 15, 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/ $ 5,299,898 $ 5,349,211 $ 5,334,116 $ 5,049,306 Intragovernmental Holdings 4,109,169 4,095,189 4,103,479 3,958,348 Total Public Debt Outstanding 9,409,067 9,444,400 9,437,594 9,007,653 Less: Debt Not Subject to Limit: Other Debt 498 498 498 502 Unamortized Discount 64,315 64,397 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 9,330,307 9,365,558 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 $1,93 5 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Tuesday April 15, 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 $ 4,658 $ 75,785 $ 1,012,746 Individual Income Taxes 5,333 8,346 12,323 Railroad Retirement Taxes 2 188 2,617 Excise Taxes 51 2,770 33,451 Corporation Income Taxes 41,543 47,114 203,155 Federal Unemployment Taxes 34 180 2,517 Estate and Gift Taxes & Misc IRS Rcpts. 11 61 426 Change in Balance of Unclassified Taxes 208 485 495 Total 51,839 134,930 1,267,730 These Receipts were deposited in: Federal Reserve Account: Directly 61 1,417 20,410 Collector Depositaries 12,013 31,092 295,043 Tax and Loan Accounts 39,711 99,668 916,605 Inter-agency Transfers 54 2,752 35,673 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 7 $ 91 $ 6,350 $ 10,447 Deposits: Taxes Received (Table IV) 18 176 39,517 39,711 Transfers to Depositaries 4 10 1,235 1,248 Special Direct Investment 0 0 0 1,750 Term Investment 0 0 0 0 Repo Investment 0 0 0 2,000 Withdrawals: Treasury Initiated 0 0 5,034 5,034 Depositary Initiated 2 50 31,300 31,352 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 3,000 Repo Investment 0 0 0 1,000 Closing Balance Today 26 226 10,769 14,771 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday April 15, 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 $ 523 $ 22,691 $ 198,017 Business 511 4,810 43,284 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.