1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday April 22, 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 $ 4,519 $ 6,351 $ 5,552 $ 5,539 Tax and Loan Note Accounts (Table V) 30,241 9,600 40,587 69,698 Total Operating Balance 34,760 15,951 46,139 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday April 22, 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) 15 388 3,748 Commodity Credit Corporation programs 59 972 6,662 Customs and Certain Excise Taxes 940 2,100 19,236 Deposits by States: Supplemental Security Income 0 2 2,362 Unemployment 122 899 9,940 Education Department programs 41 766 7,770 Energy Department programs 37 337 3,685 Estate and Gift Taxes 364 2,879 16,828 Federal Reserve Earnings 0 3,764 21,473 Foreign Deposits, Military Sales 4 1,222 9,753 FTD's Received (Table IV) 564 42,794 325,737 Housing and Urban Development programs 31 569 3,244 Individual Income and Employment Taxes, Not Withheld 46,581 128,036 245,115 Interest recd from T&L Depositaries 0 17 440 Justice Department programs 12 194 2,294 Postal Service 426 6,571 58,888 Public Debt Cash Issues (Table III-B) 239 260,787 2,766,774 Other Deposits: Air Transport Security Fees 1 16 1,180 Total Other Deposits 1 20,037 52,031 Change in Balance of Uncollected Funds (closing balance $ 1,177) -1,040 -1,073 -1,018 Transfers from Depositaries 1,610 237,054 1,887,558 Total Federal Reserve Account 50,006 708,317 5,442,522 Tax and Loan Note Accounts: FTD's Received (Table IV) 935 128,600 945,536 Transfers from Federal Reserve Account (Table V) 21,316 98,108 902,564 Total Tax and Loan Note Accounts (Table V) 22,250 226,708 1,848,100 Total Deposits (excluding transfers) 49,330 599,863 4,500,500 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday April 22, 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 19 564 20,300 Defense Vendor Payments (EFT) 2,186 21,672 191,813 Education Department programs 278 4,734 54,372 Energy Department programs 106 1,786 15,729 Federal Employees Insurance Payments 249 3,378 31,447 Fed. Highway Administration programs 131 1,545 17,719 Federal Salaries (EFT) 452 11,226 89,084 Food and Nutrition Service (misc) 133 2,835 22,296 Food Stamps 36 1,215 11,398 GSA programs 29 1,109 9,221 Health and Human Services Grants (misc) 197 4,438 44,246 Housing and Urban Development programs 89 3,900 31,943 Interest on Treasury Securities 1 3,692 94,136 Justice Department programs 32 672 6,886 Labor Dept. prgms (excl. unemployment) 29 850 7,283 Medicaid 567 13,641 111,256 Medicare 1,476 31,758 246,762 NASA programs 96 985 8,272 Postal Service Money Orders and Other 169 2,919 27,882 Public Debt Cash Redemp. (Table III-B) 20,145 377,848 2,636,519 Social Security Benefits (EFT) 36 34,746 276,579 Temporary Assistance for Needy Families (HHS) 33 1,001 10,302 Unemployment Insurance Benefits 217 2,692 21,749 Veterans Affairs programs 71 1,738 14,762 Other Withdrawals: Interior 66 722 6,785 IRS Tax Refunds Individual (EFT) 1/ 1,874 23,382 158,214 Transportation Security Admin. (DHS) 2 111 1,208 USDA: Forest Service 82 165 1,620 Unclassified 1,721 31,361 185,910 Total, Other Withdrawals 3,746 80,297 539,023 Transfers to Depositaries 21,316 98,108 902,564 Total Federal Reserve Account 51,838 709,350 5,443,542 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 1,610 237,054 1,887,558 Total Withdrawals (excluding transfers) 30,522 611,242 4,540,978 Net Change in Operating Cash Balance 18,809 -11,379 -40,477 1/Includes $1,282 million for payments under the Plan for Distribution of Rec overy Rebates in the Commonwealth of Puerto Rico approved by Treasury Secre tary Paulson on April 16, 2008, pursuant to the Economic Stimulus Act of 20 08 (PL 110-185). 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday April 22, 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 0 175,613 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 46 1,097 7,491 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 13 203 2,260 Interest Increment 0 666 4,198 Government Account Series 151,451 2,355,879 20,397,451 Domestic Series 0 83 599 Foreign Series 0 0 2,900 State and Local Series 128 6,498 41,932 Other 97 1,930 13,693 Total Issues 151,736 2,618,968 23,191,822 (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 20,000 366,280 2,222,633 Notes 0 0 324,370 Bonds 0 1 10,130 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 46 863 8,198 Government Account Series 145,029 2,337,231 20,221,891 Domestic Series 0 83 599 Foreign Series 0 0 1,000 State and Local Series 0 8,153 53,756 Other 98 2,468 15,414 Total Redemptions 165,173 2,715,078 22,857,991 Net Change in Public Debt Outstanding -13,437 -96,111 333,830 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday April 22, 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) 151,736 2,618,968 23,191,822 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 (-) 151,451 2,355,879 20,397,030 Interest Increment on United States Savings Securities (-) 0 666 4,198 Inflation-Protected Securities Increment 46 1,042 7,205 Total Public Debt Cash Issues Deposited in Federal Reserve Account 239 260,787 2,766,774 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 165,173 2,715,078 22,857,991 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 (-) 145,029 2,337,231 20,221,472 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 20,145 377,848 2,636,519 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday April 22, 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 2/ $ 5,220,027 $ 5,239,729 $ 5,334,116 $ 5,049,306 Intragovernmental Holdings 4,121,457 4,115,192 4,103,479 3,958,348 Total Public Debt Outstanding 9,341,484 9,354,921 9,437,594 9,007,653 Less: Debt Not Subject to Limit: Other Debt 498 498 498 502 Unamortized Discount 64,025 64,098 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 9,263,014 9,276,377 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). 2/The par value of securities held by Treasury under repurchase agreements pl us the inflation compensation, less unamortized discount on bills was $870 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Tuesday April 22, 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 $ 2,354 $ 113,009 $ 1,049,970 Individual Income Taxes 33 11,545 15,522 Railroad Retirement Taxes 2 290 2,720 Excise Taxes 15 2,833 33,514 Corporation Income Taxes 96 47,544 203,585 Federal Unemployment Taxes 33 316 2,652 Estate and Gift Taxes & Misc IRS Rcpts. 3 77 442 Change in Balance of Unclassified Taxes -550 398 408 Total 1,986 176,013 1,308,813 These Receipts were deposited in: Federal Reserve Account: Directly 125 2,013 21,005 Collector Depositaries 438 40,782 304,732 Tax and Loan Accounts 935 128,600 945,536 Inter-agency Transfers 487 4,619 37,540 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 8 $ 89 $ 5,809 $ 9,600 Deposits: Taxes Received (Table IV) 3 25 907 935 Transfers to Depositaries 6 84 3,130 3,220 Special Direct Investment 0 0 0 1,000 Term Investment 0 0 0 16,096 Repo Investment 0 0 0 1,000 Withdrawals: Treasury Initiated 0 0 0 0 Depositary Initiated 0 3 607 610 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 1,000 Closing Balance Today 16 196 9,239 30,241 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday April 22, 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 3/$ 2,169 $ 36,729 $ 212,054 Business 408 5,662 44,137 3/Includes $1,282 million for payments issued to Puerto Rico in accordance wi th provisions of the Economic Stimulus Act of 2008 (PL 110-185). 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.