1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday September 21, 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 $ 7,411 $ 7,340 $ 2,456 $ 7,224 Tax and Loan Note Accounts (Table V) 42,280 30,674 58 27,735 Total Operating Balance 49,691 38,013 2,514 34,960 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday September 21, 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) 20 383 7,522 Commodity Credit Corporation programs 26 466 11,639 Customs and Certain Excise Taxes 148 1,740 27,495 Deposits by States: Supplemental Security Income 1 4 4,205 Unemployment 12 259 32,500 Education Department programs 93 868 16,883 Energy Department programs 33 393 6,021 Estate and Gift Taxes 83 1,390 24,233 Federal Reserve Earnings 0 904 18,974 Foreign Deposits, Military Sales 2 928 10,991 FTD's Received (Table IV) 689 38,360 491,013 Housing and Urban Development programs 32 443 8,698 Individual Income and Employment Taxes, Not Withheld 15,102 35,522 273,183 Interest recd from T&L Depositaries 0 2 119 Justice Department programs 10 132 3,895 Postal Service 439 5,547 95,156 Public Debt Cash Issues (Table III-B) 201 283,177 4,564,764 Other Deposits: Defense Finance & Accounting Service 57 414 7,466 Total Other Deposits 57 403 25,104 Change in Balance of Uncollected Funds (closing balance $ 137) -109 -33 -17 Transfers from Depositaries 137 92,362 1,669,431 Total Federal Reserve Account 16,974 463,249 7,291,809 Tax and Loan Note Accounts: FTD's Received (Table IV) 866 88,283 1,147,166 Transfers from Federal Reserve Account (Table V) 10,877 46,301 536,810 Total Tax and Loan Note Accounts (Table V) 11,743 134,584 1,683,976 Total Deposits (excluding transfers) 17,702 459,170 6,769,543 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday September 21, 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 69 710 23,124 Defense Vendor Payments (EFT) 1,366 14,204 234,868 Education Department programs 241 4,533 71,617 Energy Department programs 90 1,529 24,831 Federal Employees Insurance Payments 169 2,142 40,026 Fed. Highway Administration programs 133 2,299 28,184 Federal Salaries (EFT) 82 6,808 129,971 Food and Nutrition Service (misc) 46 1,174 23,158 Food Stamps 55 1,403 20,255 GSA programs 78 1,216 18,931 Health and Human Services Grants (misc) 231 3,681 68,786 Housing and Urban Development programs 103 3,363 49,849 Interest on Treasury Securities 4 797 129,060 Justice Department programs 44 703 15,681 Labor Dept. prgms (excl. unemployment) 39 696 12,697 Medicaid 865 9,879 170,042 Medicare 864 17,757 289,287 NASA programs 154 1,069 12,691 Postal Service Money Orders and Other 143 2,815 47,680 Public Debt Cash Redemp. (Table III-B) 113 266,923 4,185,584 Social Security Benefits (EFT) 0 28,535 376,838 Temporary Assistance for Needy Families (HHS) 16 864 17,135 Unemployment Insurance Benefits 149 1,623 40,997 Veterans Affairs programs 56 1,053 18,218 Other Withdrawals: Transportation Security Admin. (DHS) 1 127 1,921 Unclassified 912 17,204 332,597 Total, Other Withdrawals 913 36,214 705,302 Transfers to Depositaries 10,877 46,301 536,810 Total Federal Reserve Account 16,902 458,293 7,291,622 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 137 92,362 1,669,431 Total Withdrawals (excluding transfers) 6,025 411,992 6,754,812 Net Change in Operating Cash Balance 11,678 47,178 14,732 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday September 21, 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 0 211,391 3,364,543 Cash Management Series 0 41,001 247,009 Notes 0 24,004 811,474 Bonds 0 0 11,001 Inflation-Protected Securities Increment -12 -213 6,000 Federal Financing Bank 0 0 0 Nonmarketable: Depositary Compensation Security 0 0 13,600 United States Savings Securities: Cash Issue Price 25 568 10,142 Interest Increment 0 495 6,928 Government Account Series 105,010 1,480,375 33,896,014 Domestic Series 0 0 111 Foreign Series 0 0 1,050 State and Local Series 176 7,130 128,467 Other 0 132 742 Total Issues 105,199 1,764,884 38,497,081 (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 4 24,854 Federal Financing Bank 0 0 0 Nonmarketable: Depositary Compensation Security 0 0 28,591 United States Savings Securities 66 956 14,292 Government Account Series 101,884 1,493,183 33,710,497 Domestic Series 0 0 111 Foreign Series 0 0 6,176 State and Local Series 20 7,841 122,620 Other 26 47 449 Total Redemptions 101,996 1,760,105 37,924,672 Net Change in Public Debt Outstanding 3,203 4,779 572,409 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday September 21, 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) 105,199 1,764,884 38,497,081 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 (-) 105,010 1,480,375 33,896,014 Interest Increment on United States Savings Securities (-) 0 495 6,928 Inflation-Protected Securities Increment -12 -213 5,899 Total Public Debt Cash Issues Deposited in Federal Reserve Account 201 283,177 4,564,764 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 101,996 1,760,105 37,924,672 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 (-) 101,884 1,493,183 33,710,497 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 113 266,923 4,185,584 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday September 21, 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 $ 4,316,432 $ 4,316,339 $ 4,298,492 $ 3,924,090 Intragovernmental Holdings 3,039,297 3,036,187 3,052,458 2,859,230 Total Public Debt Outstanding 7,355,729 7,352,526 7,350,950 6,783,320 Less: Debt Not Subject to Limit: Other Debt 513 513 513 516 Unamortized Discount 45,244 45,286 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 7,310,156 7,306,911 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 Tuesday September 21, 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 $ 2,245 $ 82,357 $ 1,389,442 Individual Estimated Income Taxes 4 621 5,321 Railroad Retirement Taxes 9 233 3,975 Excise Taxes 16 3,230 64,841 Corporation Income Taxes 268 42,301 219,352 Federal Unemployment Taxes 4 37 6,927 Estate and Gift Taxes & Misc IRS Rcpts. 2 54 775 Change in Balance of Unclassified Taxes -974 1,251 1,188 Total 1,573 130,083 1,691,820 These Receipts were deposited in: Federal Reserve Account: Directly 91 2,095 33,509 Collector Depositaries 598 36,265 457,504 Tax and Loan Accounts 866 88,283 1,147,166 Inter-agency Transfers 19 3,440 53,641 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 $ 32 $ 181 $ 6,460 $ 30,674 Deposits: Taxes Received (Table IV) 6 42 818 866 Transfers to Depositaries 24 15 4,838 4,877 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 6,000 Withdrawals: Treasury Initiated 0 0 0 0 Depositary Initiated 1 9 127 137 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Closing Balance Today 61 229 11,990 42,280 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday September 21, 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 $ 7 $ 2,919 $ 223,625 Business 282 2,568 54,176 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.