1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday September 17, 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 $ 7,291 $ 7,383 $ 2,456 $ 7,224 Tax and Loan Note Accounts (Table V) 23,576 20,718 58 27,735 Total Operating Balance 30,867 28,101 2,514 34,960 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday September 17, 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) 109 347 7,486 Commodity Credit Corporation programs 19 408 11,581 Customs and Certain Excise Taxes 105 1,443 27,198 Deposits by States: Supplemental Security Income 0 3 4,204 Unemployment 12 237 32,478 Education Department programs 58 717 16,732 Energy Department programs 15 269 5,897 Estate and Gift Taxes 121 1,223 24,066 Federal Reserve Earnings 0 904 18,974 Foreign Deposits, Military Sales 12 766 10,829 FTD's Received (Table IV) 1,385 36,045 488,698 Housing and Urban Development programs 19 373 8,629 Individual Income and Employment Taxes, Not Withheld 3,238 15,933 253,594 Interest recd from T&L Depositaries 0 2 119 Justice Department programs 14 108 3,872 Postal Service 339 4,769 94,378 Public Debt Cash Issues (Table III-B) 1,812 282,930 4,564,517 Other Deposits: Total Other Deposits 0 281 24,981 Change in Balance of Uncollected Funds (closing balance $ 93) -24 11 28 Transfers from Depositaries 3,395 85,431 1,662,501 Total Federal Reserve Account 10,631 432,201 7,260,761 Tax and Loan Note Accounts: FTD's Received (Table IV) 3,078 81,666 1,140,549 Transfers from Federal Reserve Account (Table V) 3,175 27,283 517,793 Total Tax and Loan Note Accounts (Table V) 6,253 108,949 1,658,341 Total Deposits (excluding transfers) 10,313 428,436 6,738,809 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday September 17, 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 44 573 22,987 Defense Vendor Payments (EFT) 1,299 11,653 232,317 Education Department programs 330 3,790 70,874 Energy Department programs 95 1,336 24,638 Federal Employees Insurance Payments 79 1,876 39,759 Fed. Highway Administration programs 65 2,081 27,966 Federal Salaries (EFT) 192 6,588 129,751 Food and Nutrition Service (misc) 64 980 22,964 Food Stamps 61 1,234 20,086 GSA programs 17 1,054 18,769 Health and Human Services Grants (misc) 210 3,242 68,347 Housing and Urban Development programs 58 3,145 49,631 Interest on Treasury Securities 9 785 129,047 Justice Department programs 84 606 15,584 Labor Dept. prgms (excl. unemployment) 71 619 12,620 Medicaid 420 8,643 168,807 Medicare 952 16,004 287,533 NASA programs 129 882 12,504 Postal Service Money Orders and Other 144 2,441 47,306 Public Debt Cash Redemp. (Table III-B) 1,930 266,500 4,185,161 Social Security Benefits (EFT) 0 28,535 376,838 Temporary Assistance for Needy Families (HHS) 39 814 17,084 Unemployment Insurance Benefits 81 1,356 40,730 Veterans Affairs programs 72 900 18,066 Other Withdrawals: IRS Tax Refunds Individual (EFT) 92 449 119,226 Library of Congress 64 64 143 Transportation Security Admin. (DHS) 4 125 1,918 Unclassified 945 15,562 330,956 Total, Other Withdrawals 1,105 34,445 703,533 Transfers to Depositaries 3,175 27,283 517,793 Total Federal Reserve Account 10,723 427,366 7,260,695 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 3,395 85,431 1,662,501 Total Withdrawals (excluding transfers) 7,548 400,082 6,742,902 Net Change in Operating Cash Balance 2,765 28,353 -4,093 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday September 17, 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 1 211,393 3,364,545 Cash Management Series 0 41,001 247,009 Notes -1 24,004 811,474 Bonds 0 0 11,001 Inflation-Protected Securities Increment -12 -166 6,046 Federal Financing Bank 0 0 0 Nonmarketable: Depositary Compensation Security 0 0 13,600 United States Savings Securities: Cash Issue Price 27 508 10,082 Interest Increment 0 495 6,928 Government Account Series 104,148 1,271,427 33,687,066 Domestic Series 0 0 111 Foreign Series 0 0 1,050 State and Local Series 1,785 6,942 128,278 Other 0 132 742 Total Issues 105,948 1,555,736 38,287,932 (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 0 258,075 3,558,700 Notes 0 0 458,382 Bonds 0 3 24,853 Federal Financing Bank 0 0 0 Nonmarketable: Depositary Compensation Security 0 0 28,591 United States Savings Securities 54 828 14,164 Government Account Series 100,716 1,289,016 33,506,330 Domestic Series 0 0 111 Foreign Series 0 0 6,176 State and Local Series 1,876 7,572 122,352 Other 0 21 423 Total Redemptions 102,646 1,555,516 37,720,082 Net Change in Public Debt Outstanding 3,302 220 567,850 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday September 17, 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) 105,948 1,555,736 38,287,932 Premium on New Issues 0 39 416 Discount on New Issues: Bills (-) 0 1,045 11,244 Bonds and Notes (-) 0 44 -951 Depositary Compensation Security (-) 0 0 13,600 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 104,148 1,271,427 33,687,066 Interest Increment on United States Savings Securities (-) 0 495 6,928 Inflation-Protected Securities Increment -12 -166 5,945 Total Public Debt Cash Issues Deposited in Federal Reserve Account 1,812 282,930 4,564,517 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 102,646 1,555,516 37,720,082 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 (-) 100,716 1,289,016 33,506,330 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 1,930 266,500 4,185,161 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday September 17, 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 $ 4,316,627 $ 4,316,751 $ 4,298,492 $ 3,924,090 Intragovernmental Holdings 3,034,543 3,031,117 3,052,458 2,859,230 Total Public Debt Outstanding 7,351,170 7,347,868 7,350,950 6,783,320 Less: Debt Not Subject to Limit: Other Debt 513 513 513 516 Unamortized Discount 45,413 45,455 45,086 45,427 Federal Financing Bank 0 0 0 0 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 184 184 180 265 Total Public Debt Subject to Limit 7,305,428 7,302,084 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 Friday September 17, 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 $ 4,189 $ 72,754 $ 1,379,839 Individual Estimated Income Taxes 15 604 5,305 Railroad Retirement Taxes 10 198 3,939 Excise Taxes 12 3,200 64,811 Corporation Income Taxes 111 41,909 218,959 Federal Unemployment Taxes 2 30 6,920 Estate and Gift Taxes & Misc IRS Rcpts. 1 49 770 Change in Balance of Unclassified Taxes 140 2,384 2,321 Total 4,479 121,129 1,682,866 These Receipts were deposited in: Federal Reserve Account: Directly 73 1,967 33,381 Collector Depositaries 1,313 34,078 455,317 Tax and Loan Accounts 3,078 81,666 1,140,549 Inter-agency Transfers 16 3,418 53,619 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 $ 16 $ 93 $ 7,609 $ 20,718 Deposits: Taxes Received (Table IV) 8 60 3,010 3,078 Transfers to Depositaries 1 1 173 175 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 3,000 Withdrawals: Treasury Initiated 0 0 2,756 2,756 Depositary Initiated 1 13 625 639 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Closing Balance Today 25 141 7,410 23,576 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday September 17, 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 $ 951 $ 2,902 $ 223,609 Business 48 2,149 53,757 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.