1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday April 21, 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 $ 6,351 $ 5,294 $ 5,552 $ 5,539 Tax and Loan Note Accounts (Table V) 9,600 11,504 40,587 69,698 Total Operating Balance 15,951 16,798 46,139 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday April 21, 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) 30 373 3,733 Commodity Credit Corporation programs 49 913 6,603 Customs and Certain Excise Taxes 104 1,160 18,296 Deposits by States: Supplemental Security Income 0 2 2,362 Unemployment 100 777 9,819 Education Department programs 88 725 7,728 Energy Department programs 71 300 3,648 Estate and Gift Taxes 181 2,514 16,464 Federal Reserve Earnings 0 3,764 21,473 Foreign Deposits, Military Sales 3 1,218 9,749 FTD's Received (Table IV) 2,980 42,231 325,174 Housing and Urban Development programs 43 539 3,213 Individual Income and Employment Taxes, Not Withheld 13,772 81,455 198,533 Interest recd from T&L Depositaries 1 17 440 Justice Department programs 7 182 2,282 Postal Service 375 6,145 58,461 Public Debt Cash Issues (Table III-B) 212 260,548 2,766,535 Other Deposits: Defense Finance & Accounting Service 60 478 4,521 Medicare Premiums 349 1,096 10,841 Minerals Management Svc/Collections 175 228 6,295 Total Other Deposits 584 20,035 52,030 Change in Balance of Uncollected Funds (closing balance $ 137) 743 -34 22 Transfers from Depositaries 15,982 235,444 1,885,948 Total Federal Reserve Account 35,326 658,311 5,392,516 Tax and Loan Note Accounts: FTD's Received (Table IV) 8,987 127,665 944,602 Transfers from Federal Reserve Account (Table V) 5,091 76,792 881,248 Total Tax and Loan Note Accounts (Table V) 14,078 204,457 1,825,850 Total Deposits (excluding transfers) 28,331 550,532 4,451,170 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday April 21, 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 38 545 20,280 Defense Vendor Payments (EFT) 1,172 19,487 189,627 Education Department programs 396 4,455 54,094 Energy Department programs 83 1,680 15,624 Federal Employees Insurance Payments 115 3,128 31,198 Fed. Highway Administration programs 78 1,413 17,587 Federal Salaries (EFT) 1,156 10,774 88,632 Food and Nutrition Service (misc) 228 2,703 22,163 Food Stamps 90 1,179 11,362 GSA programs 39 1,081 9,192 Health and Human Services Grants (misc) 209 4,241 44,049 Housing and Urban Development programs 93 3,812 31,854 Interest on Treasury Securities 2 3,690 94,134 Justice Department programs 31 640 6,854 Labor Dept. prgms (excl. unemployment) 160 822 7,254 Medicaid 457 13,074 110,689 Medicare 1,324 30,282 245,286 NASA programs 35 889 8,176 Postal Service Money Orders and Other 221 2,749 27,713 Public Debt Cash Redemp. (Table III-B) 20,263 357,703 2,616,374 Social Security Benefits (EFT) 42 34,710 276,543 Temporary Assistance for Needy Families (HHS) 28 969 10,269 Unemployment Insurance Benefits 167 2,475 21,533 Veterans Affairs programs 136 1,667 14,691 Other Withdrawals: Federal Aviation Administration 61 357 4,154 Federal Crop Ins. Corp. 81 134 1,934 IRS Tax Refunds Individual (EFT) 633 21,525 156,357 Thrift Savings Plan Transfer 96 784 10,100 Transportation Security Admin. (DHS) 8 110 1,206 Unclassified 1,737 29,639 184,188 Total, Other Withdrawals 2,616 76,552 535,277 Transfers to Depositaries 5,091 76,792 881,248 Total Federal Reserve Account 34,270 657,512 5,391,704 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 15,982 235,444 1,885,948 Total Withdrawals (excluding transfers) 29,178 580,720 4,510,456 Net Change in Operating Cash Balance -847 -30,188 -59,286 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday April 21, 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 -6 175,613 2,070,272 Cash Management Series 0 71,001 233,002 Notes 0 5,999 388,190 Bonds 0 0 29,836 Inflation-Protected Securities Increment 140 1,051 7,444 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 17 189 2,247 Interest Increment 0 666 4,198 Government Account Series 148,330 2,204,428 20,246,001 Domestic Series 0 83 599 Foreign Series 0 0 2,900 State and Local Series 100 6,369 41,803 Other 101 1,833 13,595 Total Issues 148,682 2,467,232 23,040,086 (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 20,000 346,280 2,202,633 Notes 0 0 324,370 Bonds 0 1 10,130 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 54 817 8,152 Government Account Series 145,984 2,192,202 20,076,862 Domestic Series 0 83 599 Foreign Series 0 0 1,000 State and Local Series 104 8,153 53,756 Other 105 2,370 15,316 Total Redemptions 166,247 2,549,905 22,692,818 Net Change in Public Debt Outstanding -17,565 -82,674 347,267 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday April 21, 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) 148,682 2,467,232 23,040,086 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 (-) 148,330 2,204,428 20,245,580 Interest Increment on United States Savings Securities (-) 0 666 4,198 Inflation-Protected Securities Increment 140 996 7,159 Total Public Debt Cash Issues Deposited in Federal Reserve Account 212 260,548 2,766,535 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 166,247 2,549,905 22,692,818 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 (-) 145,984 2,192,202 20,076,444 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 20,263 357,703 2,616,374 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday April 21, 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/ $ 5,239,729 $ 5,259,642 $ 5,334,116 $ 5,049,306 Intragovernmental Holdings 4,115,192 4,112,844 4,103,479 3,958,348 Total Public Debt Outstanding 9,354,921 9,372,486 9,437,594 9,007,653 Less: Debt Not Subject to Limit: Other Debt 498 498 498 502 Unamortized Discount 64,098 64,320 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 9,276,377 9,293,720 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 $861 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Monday April 21, 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 $ 12,470 $ 110,655 $ 1,047,616 Individual Income Taxes 45 11,512 15,489 Railroad Retirement Taxes 35 288 2,718 Excise Taxes 10 2,818 33,499 Corporation Income Taxes 75 47,448 203,489 Federal Unemployment Taxes 29 283 2,620 Estate and Gift Taxes & Misc IRS Rcpts. 1 74 440 Change in Balance of Unclassified Taxes -288 949 958 Total 12,376 174,027 1,306,828 These Receipts were deposited in: Federal Reserve Account: Directly 68 1,888 20,880 Collector Depositaries 2,912 40,343 304,294 Tax and Loan Accounts 8,987 127,665 944,602 Inter-agency Transfers 409 4,131 37,052 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 46 $ 294 $ 2,282 $ 11,504 Deposits: Taxes Received (Table IV) 5 40 8,941 8,987 Transfers to Depositaries 3 53 2,097 2,153 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 1,938 Repo Investment 0 0 0 1,000 Withdrawals: Treasury Initiated 46 294 1,294 1,635 Depositary Initiated 1 4 6,218 6,222 Special Direct Investment 0 0 0 173 Term Investment 0 0 0 6,952 Repo Investment 0 0 0 1,000 Closing Balance Today 8 89 5,809 9,600 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday April 21, 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 $ 837 $ 34,577 $ 209,903 Business 30 5,256 43,730 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.