1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday September 13, 2004 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE I Operating Cash Balance ³ ___________________________________________________________________________________________ ³ ³ ³ Opening balance ³ ³ _________________________________________________________________ ³ Closing ³ ³ ³ This ³ ³ Type of account ³ balance ³ ³ This ³ fiscal ³ ³ ³ today ³ Today ³ month ³ year ³ ___________________________________________________________________________________________ Federal Reserve Account $ 4,677 $ 4,712 $ 2,456 $ 7,224 Tax and Loan Note Accounts (Table V) 3,539 121 58 27,735 Total Operating Balance 8,215 4,832 2,514 34,960 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday September 13, 2004 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE II Deposits and Withdrawals of Operating Cash ³ ___________________________________________________________________________________________ ³ ³ ³ This ³ Fiscal ³ ³ Deposits ³ Today ³ month ³ year ³ ³ ³ ³ to date ³ to date ³ ___________________________________________________________________________________________ Federal Reserve Account: Agriculture Loan Repayments (misc) 36 182 7,322 Commodity Credit Corporation programs 23 288 11,461 Customs and Certain Excise Taxes 109 884 26,639 Deposits by States: Supplemental Security Income 0 3 4,204 Unemployment 9 199 32,440 Education Department programs 59 466 16,481 Energy Department programs 17 115 5,743 Estate and Gift Taxes 123 867 23,711 Federal Reserve Earnings 0 518 18,588 Foreign Deposits, Military Sales 4 624 10,687 FTD's Received (Table IV) 2,379 17,044 469,697 Housing and Urban Development programs 36 280 8,535 Individual Income and Employment Taxes, Not Withheld 1,012 5,008 242,669 Interest recd from T&L Depositaries 0 1 118 Justice Department programs 14 75 3,839 Postal Service 385 3,283 92,891 Public Debt Cash Issues (Table III-B) 63 191,923 4,473,509 Other Deposits: Total Other Deposits 0 228 24,928 Change in Balance of Uncollected Funds (closing balance $ 71) 8 33 50 Transfers from Depositaries 3,792 38,074 1,615,143 Total Federal Reserve Account 8,071 260,094 7,088,654 Tax and Loan Note Accounts: FTD's Received (Table IV) 6,471 34,808 1,093,691 Transfers from Federal Reserve Account (Table V) 739 6,746 497,256 Total Tax and Loan Note Accounts (Table V) 7,210 41,554 1,590,946 Total Deposits (excluding transfers) 10,750 256,828 6,567,202 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday September 13, 2004 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ ___________________________________________________________________________________________ ³ ³ ³ This ³ Fiscal ³ ³ Withdrawals ³ Today ³ month ³ year ³ ³ ³ ³ to date ³ to date ³ ___________________________________________________________________________________________ Federal Reserve Account: Commodity Credit Corporation programs 66 392 22,806 Defense Vendor Payments (EFT) 909 7,428 228,092 Education Department programs 431 2,578 69,662 Energy Department programs 56 869 24,171 Federal Employees Insurance Payments 108 1,470 39,353 Fed. Highway Administration programs 97 1,260 27,145 Federal Salaries (EFT) 965 4,956 128,118 Food and Nutrition Service (misc) 177 691 22,674 Food Stamps 210 928 19,781 GSA programs 103 738 18,454 Health and Human Services Grants (misc) 326 2,224 67,330 Housing and Urban Development programs 112 2,788 49,274 Interest on Treasury Securities 9 263 128,526 Justice Department programs 46 405 15,383 Labor Dept. prgms (excl. unemployment) 46 432 12,432 Medicaid 404 5,854 166,018 Medicare 884 11,866 283,396 NASA programs 82 509 12,131 Postal Service Money Orders and Other 357 1,753 46,618 Public Debt Cash Redemp. (Table III-B) 262 148,954 4,067,615 Social Security Benefits (EFT) 0 24,953 373,256 Temporary Assistance for Needy Families (HHS) 81 484 16,755 Unemployment Insurance Benefits 111 916 40,290 Veterans Affairs programs 92 648 17,814 Other Withdrawals: Federal Transit Admin. 60 184 2,312 Thrift Savings Plan Transfer 70 429 17,143 Transportation Security Admin. (DHS) 24 60 1,854 Unclassified 1,279 12,013 327,406 Total, Other Withdrawals 1,433 27,766 696,854 Transfers to Depositaries 739 6,746 497,256 Total Federal Reserve Account 8,106 257,873 7,091,202 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 3,792 38,074 1,615,143 Total Withdrawals (excluding transfers) 7,367 251,126 6,593,946 Net Change in Operating Cash Balance 3,383 5,702 -26,744 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday September 13, 2004 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE III-A Public Debt Transactions ³ ___________________________________________________________________________________________ ³ ³ ³ This ³ Fiscal ³ ³ Issues ³ Today ³ month ³ year ³ ³ ³ ³ to date ³ to date ³ ___________________________________________________________________________________________ Marketable: Bills: Regular Series -1 149,485 3,302,638 Cash Management Series 0 41,001 247,009 Notes 0 -1 787,468 Bonds 0 0 11,001 Inflation-Protected Securities Increment -35 -118 6,094 Federal Financing Bank 0 0 0 Nonmarketable: Depositary Compensation Security 0 0 13,600 United States Savings Securities: Cash Issue Price 42 382 9,956 Interest Increment 0 495 6,928 Government Account Series 103,337 851,061 33,266,700 Domestic Series 0 0 111 Foreign Series 0 0 1,050 State and Local Series 21 1,776 123,112 Other 0 0 610 Total Issues 103,364 1,044,080 37,776,277 (Stated at face value except for savings and retirement plan securities which are stated at current redemption value.) ___________________________________________________________________________________________ ³ ³ ³ This ³ Fiscal ³ ³ Redemptions ³ Today ³ month ³ year ³ ³ ³ ³ to date ³ to date ³ ___________________________________________________________________________________________ Marketable: Bills 0 145,499 3,446,124 Notes 0 0 458,382 Bonds 0 2 24,852 Federal Financing Bank 0 0 0 Nonmarketable: Depositary Compensation Security 0 0 28,591 United States Savings Securities 67 599 13,935 Government Account Series 103,978 874,382 33,091,696 Domestic Series 0 0 111 Foreign Series 0 0 6,176 State and Local Series 195 2,854 117,634 Other 0 0 401 Total Redemptions 104,240 1,023,335 37,187,901 Net Change in Public Debt Outstanding -877 20,745 588,376 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday September 13, 2004 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE III-B Adjustment of Public Debt Transactions to Cash Basis ³ ___________________________________________________________________________________________ ³ ³ ³ This ³ Fiscal ³ ³ Transactions ³ Today ³ month ³ year ³ ³ ³ ³ to date ³ to date ³ ___________________________________________________________________________________________ Public Debt Cash Issues: Public Debt Issues (Table III-A) 103,364 1,044,080 37,776,277 Premium on New Issues 0 0 377 Discount on New Issues: Bills (-) 0 720 10,919 Bonds and Notes (-) 0 0 -995 Depositary Compensation Security (-) 0 0 13,600 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 103,337 851,061 33,266,700 Interest Increment on United States Savings Securities (-) 0 495 6,928 Inflation-Protected Securities Increment -35 -118 5,993 Total Public Debt Cash Issues Deposited in Federal Reserve Account 63 191,923 4,473,509 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 104,240 1,023,335 37,187,901 Premium on Debt Buyback Operation 0 0 0 Discount on Debt Buyback Operation (-) 0 0 0 Depositary Compensation Security (-) 0 0 28,591 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 103,978 874,382 33,091,696 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 262 148,954 4,067,615 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday September 13, 2004 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE III-C Debt Subject to Limit ³ ___________________________________________________________________________________________ ³ ³ ³ Opening balance ³ ³ _________________________________________________________________ ³ Closing ³ ³ ³ Fiscal ³ ³ Balance Transac ³ balance ³ ³ This ³ year ³ ³ ³ today ³ Today ³ month ³ ³ ___________________________________________________________________________________________ Debt Held by the Public $ 4,342,904 $ 4,343,121 $ 4,298,492 $ 3,924,090 Intragovernmental Holdings 3,028,791 3,029,451 3,052,458 2,859,230 Total Public Debt Outstanding 7,371,695 7,372,572 7,350,950 6,783,320 Less: Debt Not Subject to Limit: Other Debt 513 513 513 516 Unamortized Discount 45,258 45,388 45,086 45,427 Federal Financing Bank 0 0 0 0 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 183 183 180 265 Total Public Debt Subject to Limit 7,326,107 7,326,854 7,305,531 6,737,642 Statutory Debt Limit 7,384,000 7,384,000 7,384,000 7,384,000 Act of May 27, 2003, permanently increased the statutory debt limit to $7,384 billion. Unamortized Discount represents the discount adjustment on Treasury bills and zero-coupon bonds (amortization is calculated daily). 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Monday September 13, 2004 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE IV Federal Tax Deposits ³ ___________________________________________________________________________________________ ³ ³ ³ This ³ Fiscal ³ ³ Classification ³ Today ³ month ³ year ³ ³ ³ ³ to date ³ to date ³ ___________________________________________________________________________________________ Withheld Income and Employment Taxes $ 8,117 $ 51,087 $ 1,358,172 Individual Estimated Income Taxes 20 70 4,771 Railroad Retirement Taxes 53 128 3,869 Excise Taxes 87 980 62,591 Corporation Income Taxes 605 1,565 178,615 Federal Unemployment Taxes 3 18 6,908 Estate and Gift Taxes & Misc IRS Rcpts. 4 37 758 Change in Balance of Unclassified Taxes 113 567 505 Total 9,001 54,453 1,616,189 These Receipts were deposited in: Federal Reserve Account: Directly 127 1,033 32,447 Collector Depositaries 2,252 16,011 437,250 Tax and Loan Accounts 6,471 34,808 1,093,691 Inter-agency Transfers 151 2,601 52,801 TABLE V Tax and Loan Note Accounts by Depositary Category ³ ___________________________________________________________________________________________ ³ ³ ³ Type of Depositary ³ ³ _________________________________________________________________ ³ Balance Transac ³ ³ ³ ³ ³ ³ ³ A ³ B ³ C ³ Total ³ ___________________________________________________________________________________________ Opening Balance Today $ 34 $ 87 $ 0 $ 121 Deposits: Taxes Received (Table IV) 8 58 6,405 6,471 Transfers to Depositaries 3 1 735 739 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 2,359 2,359 Depositary Initiated 1 8 1,424 1,433 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Closing Balance Today 43 139 3,357 3,539 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Monday September 13, 2004 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE VI Income Tax Refunds Issued ³ ___________________________________________________________________________________________ ³ ³ ³ This ³ Fiscal ³ ³ Classification ³ Today ³ month ³ year ³ ³ ³ ³ to date ³ to date ³ ___________________________________________________________________________________________ Individual $ 6 $ 1,942 $ 222,648 Business 75 1,597 53,206 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.