1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday April 18, 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 $ 5,294 $ 5,737 $ 5,552 $ 5,539 Tax and Loan Note Accounts (Table V) 11,504 7,374 40,587 69,698 Total Operating Balance 16,798 13,111 46,139 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday April 18, 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) 14 343 3,703 Commodity Credit Corporation programs 44 864 6,554 Customs and Certain Excise Taxes 102 1,056 18,192 Deposits by States: Supplemental Security Income 0 2 2,362 Unemployment 94 678 9,719 Education Department programs 23 636 7,640 Energy Department programs 19 229 3,577 Estate and Gift Taxes 363 2,334 16,283 Federal Reserve Earnings 0 3,764 21,473 Foreign Deposits, Military Sales 9 1,215 9,746 FTD's Received (Table IV) 1,682 39,251 322,194 Housing and Urban Development programs 32 496 3,170 Individual Income and Employment Taxes, Not Withheld 11,269 67,683 184,762 Interest recd from T&L Depositaries 0 16 439 Justice Department programs 16 175 2,275 Postal Service 335 5,770 58,086 Public Debt Cash Issues (Table III-B) 183 260,337 2,766,324 Other Deposits: Medicare Premiums 153 747 10,492 Thrift Savings Plan Transfer 73 546 11,558 Total Other Deposits 227 19,451 51,446 Change in Balance of Uncollected Funds (closing balance $ 880) 269 -777 -721 Transfers from Depositaries 8,940 219,461 1,869,966 Total Federal Reserve Account 23,622 622,985 5,357,190 Tax and Loan Note Accounts: FTD's Received (Table IV) 5,084 118,678 935,614 Transfers from Federal Reserve Account (Table V) 7,986 71,701 876,157 Total Tax and Loan Note Accounts (Table V) 13,069 190,379 1,811,771 Total Deposits (excluding transfers) 19,766 522,201 4,422,839 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday April 18, 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 29 506 20,242 Defense Vendor Payments (EFT) 1,127 18,315 188,455 Education Department programs 233 4,060 53,698 Energy Department programs 119 1,597 15,541 Federal Employees Insurance Payments 165 3,014 31,084 Fed. Highway Administration programs 48 1,335 17,509 Federal Salaries (EFT) 2,672 9,618 87,476 Food and Nutrition Service (misc) 155 2,474 21,935 Food Stamps 37 1,089 11,271 GSA programs 19 1,042 9,154 Health and Human Services Grants (misc) 299 4,033 43,840 Housing and Urban Development programs 95 3,719 31,762 Interest on Treasury Securities 2 3,688 94,132 Justice Department programs 77 609 6,823 Labor Dept. prgms (excl. unemployment) 46 661 7,094 Medicaid 539 12,617 110,232 Medicare 1,462 28,958 243,961 NASA programs 56 853 8,141 Postal Service Money Orders and Other 177 2,528 27,492 Public Debt Cash Redemp. (Table III-B) 347 337,440 2,596,111 Social Security Benefits (EFT) 37 34,668 276,501 Temporary Assistance for Needy Families (HHS) 42 941 10,241 Unemployment Insurance Benefits 137 2,308 21,366 Veterans Affairs programs 119 1,532 14,556 Other Withdrawals: Federal Crop Ins. Corp. 53 53 1,853 Interior 51 615 6,678 IRS Tax Refunds Individual (EFT) 6,475 20,892 155,724 Transportation Security Admin. (DHS) 6 102 1,198 Unclassified 1,452 27,903 182,452 Total, Other Withdrawals 8,038 73,936 532,661 Transfers to Depositaries 7,986 71,701 876,157 Total Federal Reserve Account 24,064 623,242 5,357,434 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 8,940 219,461 1,869,966 Total Withdrawals (excluding transfers) 16,078 551,541 4,481,278 Net Change in Operating Cash Balance 3,688 -29,341 -58,439 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday April 18, 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 0 175,619 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 47 911 7,305 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 15 173 2,230 Interest Increment 0 665 4,197 Government Account Series 150,023 2,056,099 20,097,671 Domestic Series 0 83 599 Foreign Series 0 0 2,900 State and Local Series 63 6,269 41,703 Other 105 1,732 13,495 Total Issues 150,253 2,318,550 22,891,404 (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 0 326,280 2,182,633 Notes 0 0 324,370 Bonds 0 0 10,130 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 40 763 8,098 Government Account Series 145,748 2,046,219 19,930,879 Domestic Series 0 83 599 Foreign Series 0 0 1,000 State and Local Series 198 8,049 53,652 Other 109 2,265 15,211 Total Redemptions 146,095 2,383,658 22,526,571 Net Change in Public Debt Outstanding 4,158 -65,108 364,832 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday April 18, 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) 150,253 2,318,550 22,891,404 Premium on New Issues 0 206 815 Discount on New Issues: Bills (-) 0 799 16,370 Bonds and Notes (-) 0 0 1,059 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 150,023 2,056,099 20,097,250 Interest Increment on United States Savings Securities (-) 0 665 4,197 Inflation-Protected Securities Increment 47 856 7,019 Total Public Debt Cash Issues Deposited in Federal Reserve Account 183 260,337 2,766,324 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 146,095 2,383,658 22,526,571 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 (-) 145,748 2,046,219 19,930,460 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 347 337,440 2,596,111 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday April 18, 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/ $ 5,259,642 $ 5,259,571 $ 5,334,116 $ 5,049,306 Intragovernmental Holdings 4,112,844 4,108,756 4,103,479 3,958,348 Total Public Debt Outstanding 9,372,486 9,368,328 9,437,594 9,007,653 Less: Debt Not Subject to Limit: Other Debt 498 498 498 502 Unamortized Discount 64,320 64,394 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 9,293,720 9,289,488 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 $886 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Friday April 18, 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 $ 6,960 $ 98,185 $ 1,035,146 Individual Income Taxes 634 11,467 15,444 Railroad Retirement Taxes 10 253 2,683 Excise Taxes 15 2,807 33,488 Corporation Income Taxes 74 47,373 203,415 Federal Unemployment Taxes 29 254 2,591 Estate and Gift Taxes & Misc IRS Rcpts. 1 73 439 Change in Balance of Unclassified Taxes -60 1,237 1,246 Total 7,663 161,651 1,294,451 These Receipts were deposited in: Federal Reserve Account: Directly 202 1,820 20,812 Collector Depositaries 1,481 37,431 301,382 Tax and Loan Accounts 5,084 118,678 935,614 Inter-agency Transfers 897 3,722 36,643 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 42 $ 262 $ 5,141 $ 7,374 Deposits: Taxes Received (Table IV) 7 56 5,021 5,084 Transfers to Depositaries 0 0 34 34 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 6,952 Repo Investment 0 0 0 1,000 Withdrawals: Treasury Initiated 0 0 5,538 5,538 Depositary Initiated 2 24 2,376 2,402 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,000 Closing Balance Today 46 294 2,282 11,504 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday April 18, 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 $ 10,086 $ 33,741 $ 209,066 Business 76 5,225 43,700 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.