1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday October 19, 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 $ 6,216 $ 4,906 $ 5,987 $ 5,987 Tax and Loan Note Accounts (Table V) 26,148 29,559 30,362 30,362 Total Operating Balance 32,364 34,465 36,349 36,349 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday October 19, 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) 22 305 305 Commodity Credit Corporation programs 24 402 402 Customs and Certain Excise Taxes 127 1,537 1,537 Deposits by States: Supplemental Security Income 0 1 1 Unemployment 53 331 331 Education Department programs 59 781 781 Energy Department programs 13 192 192 Estate and Gift Taxes 179 1,307 1,307 Federal Reserve Earnings 0 650 650 Foreign Deposits, Military Sales 4 633 633 FTD's Received (Table IV) 636 25,847 25,847 Housing and Urban Development programs 25 348 348 Individual Income and Employment Taxes, Not Withheld 1,140 4,531 4,531 Interest recd from T&L Depositaries 0 9 9 Justice Department programs 6 109 109 Postal Service 461 5,284 5,284 Public Debt Cash Issues (Table III-B) 232 181,678 181,678 Other Deposits: Defense Finance & Accounting Service 54 373 373 Total Other Deposits 54 855 855 Change in Balance of Uncollected Funds (closing balance $ 153) -115 -114 -114 Transfers from Depositaries 4,308 91,776 91,776 Total Federal Reserve Account 7,227 316,463 316,463 Tax and Loan Note Accounts: FTD's Received (Table IV) 843 61,113 61,113 Transfers from Federal Reserve Account (Table V) 53 26,449 26,449 Total Tax and Loan Note Accounts (Table V) 896 87,562 87,562 Total Deposits (excluding transfers) 3,763 285,799 285,799 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday October 19, 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 285 4,572 4,572 Defense Vendor Payments (EFT) 881 9,297 9,297 Education Department programs 440 3,843 3,843 Energy Department programs 109 1,358 1,358 Federal Employees Insurance Payments 184 1,915 1,915 Fed. Highway Administration programs 153 1,784 1,784 Federal Salaries (EFT) 119 6,070 6,070 Food and Nutrition Service (misc) 100 1,335 1,335 Food Stamps 73 1,475 1,475 GSA programs 59 948 948 Health and Human Services Grants (misc) 219 3,252 3,252 Housing and Urban Development programs 76 3,341 3,341 Interest on Treasury Securities 2 2,574 2,574 Justice Department programs 56 659 659 Labor Dept. prgms (excl. unemployment) 34 612 612 Medicaid 632 9,528 9,528 Medicare 1,050 15,950 15,950 NASA programs 68 307 307 Postal Service Money Orders and Other 153 2,617 2,617 Public Debt Cash Redemp. (Table III-B) 54 154,346 154,346 Social Security Benefits (EFT) 0 25,054 25,054 Temporary Assistance for Needy Families (HHS) 28 1,027 1,027 Unemployment Insurance Benefits 146 1,285 1,285 Veterans Affairs programs 78 961 961 Other Withdrawals: Agency for Internat'l Development 59 313 313 Emergency Preparedness & Response (DHS) 53 455 455 IRS Tax Refunds Business (EFT) 69 2,089 2,089 Transportation Security Admin. (DHS) 1 6 6 Unclassified 683 14,812 14,812 Total, Other Withdrawals 865 35,674 35,674 Transfers to Depositaries 53 26,449 26,449 Total Federal Reserve Account 5,917 316,233 316,233 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 4,308 91,776 91,776 Total Withdrawals (excluding transfers) 5,864 289,784 289,784 Net Change in Operating Cash Balance -2,101 -3,985 -3,985 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday October 19, 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 0 132,133 132,133 Cash Management Series 0 22,001 22,001 Notes 0 24,007 24,007 Bonds 0 0 0 Inflation-Protected Securities Increment 4 103 103 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 18 292 292 Interest Increment 0 629 629 Government Account Series 129,560 1,674,324 1,674,324 Domestic Series 0 33 33 Foreign Series 0 0 0 State and Local Series 214 3,872 3,872 Other 0 12 12 Total Issues 129,795 1,857,407 1,857,407 (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 0 148,389 148,389 Notes 0 0 0 Bonds 0 2 2 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 53 652 652 Government Account Series 129,787 1,652,556 1,652,556 Domestic Series 0 33 33 Foreign Series 0 0 0 State and Local Series 0 5,269 5,269 Other 0 1 1 Total Redemptions 129,841 1,806,902 1,806,902 Net Change in Public Debt Outstanding -46 50,504 50,504 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday October 19, 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) 129,795 1,857,407 1,857,407 Premium on New Issues 0 92 92 Discount on New Issues: Bills (-) 0 732 732 Bonds and Notes (-) 0 79 79 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 129,560 1,674,324 1,674,324 Interest Increment on United States Savings Securities (-) 0 629 629 Inflation-Protected Securities Increment 4 57 57 Total Public Debt Cash Issues Deposited in Federal Reserve Account 232 181,678 181,678 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 129,841 1,806,902 1,806,902 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 (-) 129,787 1,652,556 1,652,556 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 54 154,346 154,346 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday October 19, 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 $ 4,320,537 $ 4,325,833 $ 4,307,345 $ 4,307,345 Intragovernmental Holdings 3,109,020 3,103,769 3,071,708 3,071,708 Total Public Debt Outstanding 7,429,557 7,429,602 7,379,053 7,379,053 Less: Debt Not Subject to Limit: Other Debt 512 513 513 513 Unamortized Discount 45,257 45,302 45,374 45,374 Federal Financing Bank 0 0 0 0 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 187 187 184 184 Total Public Debt Subject to Limit 7,383,975 7,383,975 7,333,350 7,333,350 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 Tuesday October 19, 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 $ 1,518 $ 73,447 $ 73,447 Individual Estimated Income Taxes 18 75 75 Railroad Retirement Taxes 1 242 242 Excise Taxes 14 1,165 1,165 Corporation Income Taxes 70 12,591 12,591 Federal Unemployment Taxes 8 64 64 Estate and Gift Taxes & Misc IRS Rcpts. 3 39 39 Change in Balance of Unclassified Taxes -111 1,896 1,896 Total 1,522 89,519 89,519 These Receipts were deposited in: Federal Reserve Account: Directly 63 907 907 Collector Depositaries 573 24,939 24,939 Tax and Loan Accounts 843 61,113 61,113 Inter-agency Transfers 43 2,560 2,560 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 $ 98 $ 397 $ 13,065 $ 29,559 Deposits: Taxes Received (Table IV) 7 44 791 843 Transfers to Depositaries 0 0 53 53 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 397 3,795 4,192 Depositary Initiated 2 2 112 116 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Closing Balance Today 103 42 10,003 26,148 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday October 19, 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 $ 4 $ 1,132 $ 1,132 Business 527 4,708 4,708 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.