1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday April 17, 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 $ 5,737 $ 4,614 $ 5,552 $ 5,539 Tax and Loan Note Accounts (Table V) 7,374 15,727 40,587 69,698 Total Operating Balance 13,111 20,341 46,139 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday April 17, 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) 8 329 3,689 Commodity Credit Corporation programs 49 820 6,509 Customs and Certain Excise Taxes 64 954 18,090 Deposits by States: Supplemental Security Income 0 2 2,362 Unemployment 88 584 9,625 Education Department programs 18 613 7,616 Energy Department programs 5 211 3,559 Estate and Gift Taxes 446 1,971 15,921 Federal Reserve Earnings 0 3,764 21,473 Foreign Deposits, Military Sales 107 1,206 9,737 FTD's Received (Table IV) 2,708 37,568 320,511 Housing and Urban Development programs 30 464 3,139 Individual Income and Employment Taxes, Not Withheld 10,855 56,414 173,493 Interest recd from T&L Depositaries 2 16 439 Justice Department programs 19 159 2,259 Postal Service 366 5,435 57,751 Public Debt Cash Issues (Table III-B) 57,828 260,153 2,766,140 Other Deposits: Federal Communications Commission 13,939 16,721 16,776 Total Other Deposits 13,939 19,224 51,219 Change in Balance of Uncollected Funds (closing balance $ 1,149) -391 -1,046 -990 Transfers from Depositaries 19,572 210,522 1,861,026 Total Federal Reserve Account 105,713 599,363 5,333,568 Tax and Loan Note Accounts: FTD's Received (Table IV) 8,045 113,594 930,531 Transfers from Federal Reserve Account (Table V) 3,174 63,715 868,171 Total Tax and Loan Note Accounts (Table V) 11,218 177,309 1,798,702 Total Deposits (excluding transfers) 94,186 502,435 4,403,073 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday April 17, 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 28 477 20,213 Defense Vendor Payments (EFT) 1,348 17,188 187,328 Education Department programs 546 3,827 53,466 Energy Department programs 86 1,478 15,422 Federal Employees Insurance Payments 220 2,849 30,919 Fed. Highway Administration programs 154 1,287 17,461 Federal Salaries (EFT) 92 6,946 84,804 Food and Nutrition Service (misc) 137 2,319 21,779 Food Stamps 53 1,051 11,234 GSA programs 93 1,023 9,135 Health and Human Services Grants (misc) 236 3,733 43,541 Housing and Urban Development programs 104 3,624 31,666 Interest on Treasury Securities 1 3,686 94,130 Justice Department programs 29 532 6,746 Labor Dept. prgms (excl. unemployment) 55 615 7,048 Medicaid 1,519 12,078 109,694 Medicare 1,279 27,496 242,500 NASA programs 161 798 8,085 Postal Service Money Orders and Other 124 2,351 27,315 Public Debt Cash Redemp. (Table III-B) 92,996 337,093 2,595,764 Social Security Benefits (EFT) 38 34,631 276,464 Temporary Assistance for Needy Families (HHS) 22 898 10,199 Unemployment Insurance Benefits 131 2,171 21,229 Veterans Affairs programs 68 1,413 14,437 Other Withdrawals: International Monetary Fund -79 8 -403 IRS Tax Refunds Individual (EFT) 299 14,417 149,249 Thrift Savings Plan Transfer 72 672 9,988 Transportation Security Admin. (DHS) 2 96 1,192 Unclassified 1,601 26,451 180,999 Total, Other Withdrawals 1,896 65,898 524,623 Transfers to Depositaries 3,174 63,715 868,171 Total Federal Reserve Account 104,590 599,178 5,333,370 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 19,572 210,522 1,861,026 Total Withdrawals (excluding transfers) 101,417 535,463 4,465,200 Net Change in Operating Cash Balance -7,231 -33,028 -62,126 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday April 17, 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 57,616 175,619 2,070,278 Cash Management Series 0 71,001 233,002 Notes 0 5,999 388,190 Bonds 0 0 29,836 Inflation-Protected Securities Increment 46 864 7,258 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 10 157 2,215 Interest Increment 0 665 4,197 Government Account Series 148,524 1,906,076 19,947,648 Domestic Series 0 83 599 Foreign Series 0 0 2,900 State and Local Series 203 6,205 41,640 Other 229 1,627 13,390 Total Issues 206,628 2,168,297 22,741,151 (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 92,610 326,280 2,182,633 Notes 0 0 324,370 Bonds 0 0 10,130 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 46 723 8,058 Government Account Series 146,022 1,900,471 19,785,131 Domestic Series 0 83 599 Foreign Series 0 0 1,000 State and Local Series 116 7,851 53,454 Other 224 2,156 15,102 Total Redemptions 239,018 2,237,563 22,380,476 Net Change in Public Debt Outstanding -32,390 -69,267 360,674 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday April 17, 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) 206,628 2,168,297 22,741,151 Premium on New Issues 0 206 815 Discount on New Issues: Bills (-) 230 799 16,370 Bonds and Notes (-) 0 0 1,059 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 148,524 1,906,076 19,947,227 Interest Increment on United States Savings Securities (-) 0 665 4,197 Inflation-Protected Securities Increment 46 809 6,973 Total Public Debt Cash Issues Deposited in Federal Reserve Account 57,828 260,153 2,766,140 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 239,018 2,237,563 22,380,476 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 (-) 146,022 1,900,471 19,784,712 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 92,996 337,093 2,595,764 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday April 17, 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/ $ 5,259,571 $ 5,294,375 $ 5,334,116 $ 5,049,306 Intragovernmental Holdings 4,108,756 4,106,343 4,103,479 3,958,348 Total Public Debt Outstanding 9,368,328 9,400,718 9,437,594 9,007,653 Less: Debt Not Subject to Limit: Other Debt 498 498 498 502 Unamortized Discount 64,394 64,247 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 9,289,488 9,322,025 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 $768 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Thursday April 17, 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 $ 9,112 $ 91,225 $ 1,028,186 Individual Income Taxes 1,453 10,833 14,810 Railroad Retirement Taxes 30 244 2,673 Excise Taxes 11 2,792 33,473 Corporation Income Taxes 86 47,299 203,340 Federal Unemployment Taxes 20 225 2,561 Estate and Gift Taxes & Misc IRS Rcpts. 6 73 438 Change in Balance of Unclassified Taxes 98 1,297 1,307 Total 10,816 153,988 1,286,789 These Receipts were deposited in: Federal Reserve Account: Directly 85 1,618 20,610 Collector Depositaries 2,623 35,950 299,901 Tax and Loan Accounts 8,045 113,594 930,531 Inter-agency Transfers 64 2,825 35,746 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 37 $ 199 $ 0 $ 15,727 Deposits: Taxes Received (Table IV) 4 42 7,999 8,045 Transfers to Depositaries 2 38 2,134 2,174 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,000 Withdrawals: Treasury Initiated 0 0 0 0 Depositary Initiated 1 18 4,991 5,010 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 14,562 Repo Investment 0 0 0 0 Closing Balance Today 42 262 5,141 7,374 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday April 17, 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 $ 476 $ 23,654 $ 198,980 Business 103 5,149 43,624 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.