1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday April 30, 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 $ 4,955 $ 7,417 $ 5,552 $ 5,539 Tax and Loan Note Accounts (Table V) 135,752 90,736 40,587 69,698 Total Operating Balance 140,708 98,153 46,139 75,237 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday April 30, 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) 110 589 3,949 Commodity Credit Corporation programs 91 1,332 7,022 Customs and Certain Excise Taxes 208 2,799 19,935 Deposits by States: Supplemental Security Income 385 389 2,749 Unemployment 1,433 3,863 12,904 Education Department programs 66 1,057 8,061 Energy Department programs 162 701 4,049 Estate and Gift Taxes 125 4,704 18,654 Federal Reserve Earnings 321 4,802 22,511 Foreign Deposits, Military Sales 2 1,272 9,804 FTD's Received (Table IV) 5,298 56,948 339,891 Housing and Urban Development programs 49 753 3,428 Individual Income and Employment Taxes, Not Withheld 2,519 224,890 341,968 Interest recd from T&L Depositaries 0 20 444 Justice Department programs 6 234 2,334 Postal Service 359 8,722 61,038 Public Debt Cash Issues (Table III-B) 64,067 381,701 2,887,688 Other Deposits: Air Transport Security Fees 171 216 1,381 Medicare Premiums 159 1,706 11,450 Minerals Management Svc/Collections 608 1,112 7,179 Railroad Unemployment Ins. 6 7 47 Total Other Deposits 944 24,641 56,635 Change in Balance of Uncollected Funds (closing balance $ 364) 950 -260 -205 Transfers from Depositaries 8,310 274,825 1,925,330 Total Federal Reserve Account 85,405 993,983 5,728,188 Tax and Loan Note Accounts: FTD's Received (Table IV) 5,977 154,020 970,957 Transfers from Federal Reserve Account (Table V) 47,349 215,971 1,020,427 Total Tax and Loan Note Accounts (Table V) 53,326 369,991 1,991,384 Total Deposits (excluding transfers) 83,072 873,177 4,773,815 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday April 30, 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 29 729 20,465 Defense Vendor Payments (EFT) 1,205 30,291 200,432 Education Department programs 371 6,462 56,100 Energy Department programs 159 2,501 16,444 Federal Employees Insurance Payments 301 5,119 33,189 Fed. Highway Administration programs 100 2,056 18,230 Federal Salaries (EFT) 186 12,661 90,519 Food and Nutrition Service (misc) 140 3,624 23,084 Food Stamps 37 1,378 11,561 GSA programs 43 1,410 9,522 Health and Human Services Grants (misc) 568 6,778 46,586 Housing and Urban Development programs 108 4,500 32,543 Interest on Treasury Securities 3,624 7,327 97,771 Justice Department programs 29 904 7,117 Labor Dept. prgms (excl. unemployment) 76 1,173 7,606 Medicaid 1,158 18,061 115,676 Medicare 1,652 39,878 254,882 NASA programs 18 1,347 8,634 Postal Service Money Orders and Other 311 3,968 28,932 Public Debt Cash Redemp. (Table III-B) 27,225 474,783 2,733,454 Social Security Benefits (EFT) 17 41,261 283,093 Temporary Assistance for Needy Families (HHS) 49 1,455 10,755 Unemployment Insurance Benefits 164 3,584 22,642 Veterans Affairs programs 51 2,252 15,275 Other Withdrawals: Emergency Prep & Response (DHS) 65 802 5,603 Federal Aviation Administration 62 586 4,383 IRS Tax Refunds Individual (EFT) 1/ 509 35,256 170,088 Pension Benefit Guaranty Corp. 337 337 2,462 Transportation Security Admin. (DHS) 18 178 1,275 Unclassified 1,906 41,294 195,843 Total, Other Withdrawals 2,896 105,108 563,833 Transfers to Depositaries 47,349 215,971 1,020,427 Total Federal Reserve Account 87,867 994,580 5,728,772 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 8,310 274,825 1,925,330 Total Withdrawals (excluding transfers) 40,517 778,609 4,708,345 Net Change in Operating Cash Balance 42,554 94,569 65,470 1/Includes $447 million in Economic Stimulus Payments (EFT). 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday April 30, 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 -1 230,824 2,125,483 Cash Management Series 0 71,001 233,002 Notes 62,230 68,229 450,420 Bonds 0 0 29,836 Inflation-Protected Securities Increment 60 1,482 7,875 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 35 362 2,420 Interest Increment 0 668 4,200 Government Account Series 155,999 3,283,587 21,325,160 Domestic Series 0 83 599 Foreign Series 0 0 2,900 State and Local Series 1,832 9,498 44,932 Other 105 2,642 14,405 Total Issues 220,261 3,668,376 24,241,229 (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 0 434,497 2,290,850 Notes 26,837 26,837 351,207 Bonds 0 1 10,130 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 50 1,127 8,463 Government Account Series 153,528 3,253,630 21,138,290 Domestic Series 0 83 599 Foreign Series 0 0 1,000 State and Local Series 232 9,024 54,627 Other 106 3,214 16,160 Total Redemptions 180,753 3,728,413 23,871,326 Net Change in Public Debt Outstanding 39,508 -60,037 369,904 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday April 30, 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) 220,261 3,668,376 24,241,229 Premium on New Issues 0 206 815 Discount on New Issues: Bills (-) 0 1,064 16,635 Bonds and Notes (-) 147 147 1,206 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 155,999 3,283,587 21,324,739 Interest Increment on United States Savings Securities (-) 0 668 4,200 Inflation-Protected Securities Increment 47 1,414 7,577 Total Public Debt Cash Issues Deposited in Federal Reserve Account 64,067 381,701 2,887,688 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 180,753 3,728,413 23,871,326 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 (-) 153,528 3,253,630 21,137,872 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 27,225 474,783 2,733,454 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday April 30, 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/ $ 5,244,195 $ 5,207,496 $ 5,334,116 $ 5,049,306 Intragovernmental Holdings 4,133,363 4,130,553 4,103,479 3,958,348 Total Public Debt Outstanding 9,377,557 9,338,049 9,437,594 9,007,653 Less: Debt Not Subject to Limit: Other Debt 498 498 498 502 Unamortized Discount 64,543 63,353 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 50 50 53 69 Total Public Debt Subject to Limit 9,298,567 9,260,249 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 $1,69 4 million. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Wednesday April 30, 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 $ 8,075 $ 146,915 $ 1,083,877 Individual Income Taxes 13 11,638 15,615 Railroad Retirement Taxes 6 381 2,810 Excise Taxes 107 5,495 36,176 Corporation Income Taxes 59 47,936 203,977 Federal Unemployment Taxes 3,076 3,807 6,143 Estate and Gift Taxes & Misc IRS Rcpts. 2 88 453 Change in Balance of Unclassified Taxes -33 -85 -76 Total 11,307 216,175 1,348,976 These Receipts were deposited in: Federal Reserve Account: Directly 98 3,759 22,751 Collector Depositaries 5,200 53,189 317,140 Tax and Loan Accounts 5,977 154,020 970,957 Inter-agency Transfers 31 5,206 38,127 TABLE V Tax and Loan Note Accounts by Depositary Category | ___________________________________________________________________________________________ | | | Type of Depositary | | _________________________________________________________________ | Balance Transactions | | | | | | | A | B | C | Total | ___________________________________________________________________________________________ Opening Balance Today $ 37 $ 435 $ 15,338 $ 90,736 Deposits: Taxes Received (Table IV) 9 88 5,880 5,977 Transfers to Depositaries 0 0 45,000 45,000 Special Direct Investment 0 0 0 349 Term Investment 0 0 0 0 Repo Investment 0 0 0 2,000 Withdrawals: Treasury Initiated 0 0 1,040 1,040 Depositary Initiated 2 38 5,230 5,270 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 2,000 Closing Balance Today 44 485 59,948 135,752 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday April 30, 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/$ 655 4/$ 53,951 4/$ 229,277 Business 17 7,657 46,132 3/Includes $450 million for payments issued in accordance with provisions of the Economic Stimulus Act of 2008 (PL 110-185). 4/Does not include $679 mil offset by FMS for MTD & $3,017 mil for the YTD fo r TOP against Tax Refunds issued. Also includes $3,355 mil for MTD & YTD St imulus Payments issued with provisions of the Economic Act of 2008 (PL 1 10-185). 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.