1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday September 29, 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 $ 5,436 $ 3,830 $ 2,456 $ 7,224 Tax and Loan Note Accounts (Table V) 33,067 28,364 58 27,735 Total Operating Balance 38,503 32,194 2,514 34,960 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday September 29, 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) 32 530 7,669 Commodity Credit Corporation programs 63 661 11,834 Customs and Certain Excise Taxes 177 2,596 28,351 Deposits by States: Supplemental Security Income 2 23 4,224 Unemployment 257 605 32,846 Education Department programs 113 1,277 17,292 Energy Department programs 17 604 6,233 Estate and Gift Taxes 133 2,166 25,009 Federal Reserve Earnings 423 1,582 19,652 Foreign Deposits, Military Sales 5 966 11,029 FTD's Received (Table IV) 4,183 50,857 503,510 Housing and Urban Development programs 48 572 8,827 Individual Income and Employment Taxes, Not Withheld 766 40,714 278,375 Interest recd from T&L Depositaries 0 13 130 Justice Department programs 6 190 3,954 Postal Service 354 7,684 97,293 Public Debt Cash Issues (Table III-B) 955 349,096 4,630,683 Other Deposits: Air Transport Security Fees 8 20 1,721 Pension Benefit Guaranty Corp. 372 372 1,297 SEC:Stock Exchange Fees 59 59 733 Total Other Deposits 439 1,404 26,105 Change in Balance of Uncollected Funds (closing balance $ 65) 75 39 56 Transfers from Depositaries 2,134 143,099 1,720,168 Total Federal Reserve Account 10,184 604,680 7,433,241 Tax and Loan Note Accounts: FTD's Received (Table IV) 4,707 107,342 1,166,225 Transfers from Federal Reserve Account (Table V) 2,130 68,766 559,275 Total Tax and Loan Note Accounts (Table V) 6,837 176,108 1,725,500 Total Deposits (excluding transfers) 12,757 568,924 6,879,298 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday September 29, 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 92 1,151 23,565 Defense Vendor Payments (EFT) 730 21,541 242,204 Education Department programs 314 6,656 73,740 Energy Department programs 95 2,223 25,525 Federal Employees Insurance Payments 173 3,431 41,315 Fed. Highway Administration programs 265 3,535 29,419 Federal Salaries (EFT) 99 11,114 134,277 Food and Nutrition Service (misc) 44 1,535 23,518 Food Stamps 25 1,679 20,532 GSA programs 64 1,565 19,280 Health and Human Services Grants (misc) 490 5,441 70,546 Housing and Urban Development programs 129 4,026 50,512 Interest on Treasury Securities 3 831 129,093 Justice Department programs 39 1,044 16,022 Labor Dept. prgms (excl. unemployment) 29 998 12,998 Medicaid 920 14,180 174,344 Medicare 1,262 24,781 296,311 NASA programs 0 1,502 13,124 Postal Service Money Orders and Other 157 3,892 48,757 Public Debt Cash Redemp. (Table III-B) 49 340,479 4,259,141 Social Security Benefits (EFT) 0 32,227 380,531 Temporary Assistance for Needy Families (HHS) 94 1,216 17,487 Unemployment Insurance Benefits 102 2,284 41,658 Veterans Affairs programs 106 1,518 18,684 Other Withdrawals: Federal Aviation Administration 50 702 5,951 Federal Transit Admin. 63 565 2,693 IRS Tax Refunds Business (EFT) 221 2,353 29,526 Tennessee Valley Authority (net) -70 -85 -199 Transportation Security Admin. (DHS) 21 204 1,998 Unclassified 882 22,996 338,389 Total, Other Withdrawals 1,168 44,083 713,171 Transfers to Depositaries 2,130 68,766 559,275 Total Federal Reserve Account 8,579 601,700 7,435,029 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 2,134 143,099 1,720,168 Total Withdrawals (excluding transfers) 6,449 532,934 6,875,754 Net Change in Operating Cash Balance 6,309 35,989 3,543 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday September 29, 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 0 273,150 3,426,303 Cash Management Series 0 41,001 247,009 Notes 0 24,004 811,474 Bonds 0 0 11,001 Inflation-Protected Securities Increment -12 -307 5,906 Federal Financing Bank 0 0 0 Nonmarketable: Depositary Compensation Security 0 0 13,600 United States Savings Securities: Cash Issue Price 25 730 10,304 Interest Increment 0 494 6,928 Government Account Series 104,861 2,118,312 34,533,951 Domestic Series 0 0 111 Foreign Series 0 0 1,050 State and Local Series 930 11,461 132,797 Other 0 132 742 Total Issues 105,805 2,468,978 39,201,174 (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 0 330,614 3,631,239 Notes 0 0 458,382 Bonds 0 5 24,855 Federal Financing Bank 0 0 0 Nonmarketable: Depositary Compensation Security 0 0 28,591 United States Savings Securities 44 1,238 14,574 Government Account Series 108,211 2,127,557 34,344,871 Domestic Series 0 0 111 Foreign Series 0 0 6,176 State and Local Series 5 8,574 123,354 Other 0 47 449 Total Redemptions 108,260 2,468,036 38,632,602 Net Change in Public Debt Outstanding -2,456 942 568,572 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday September 29, 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) 105,805 2,468,978 39,201,174 Premium on New Issues 0 39 416 Discount on New Issues: Bills (-) 0 1,377 11,576 Bonds and Notes (-) 0 44 -951 Depositary Compensation Security (-) 0 0 13,600 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 104,861 2,118,312 34,533,951 Interest Increment on United States Savings Securities (-) 0 494 6,928 Inflation-Protected Securities Increment -12 -307 5,805 Total Public Debt Cash Issues Deposited in Federal Reserve Account 955 349,096 4,630,683 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 108,260 2,468,036 38,632,602 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 (-) 108,211 2,127,557 34,344,871 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 49 340,479 4,259,141 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday September 29, 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 $ 4,309,407 $ 4,308,404 $ 4,298,492 $ 3,924,090 Intragovernmental Holdings 3,042,485 3,045,944 3,052,458 2,859,230 Total Public Debt Outstanding 7,351,892 7,354,348 7,350,950 6,783,320 Less: Debt Not Subject to Limit: Other Debt 513 513 513 516 Unamortized Discount 45,338 45,380 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 7,306,225 7,308,638 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 Wednesday September 29, 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 $ 5,564 $ 111,381 $ 1,418,466 Individual Estimated Income Taxes 3 639 5,339 Railroad Retirement Taxes 11 306 4,047 Excise Taxes 3,644 7,761 69,371 Corporation Income Taxes 87 42,986 220,036 Federal Unemployment Taxes 3 52 6,942 Estate and Gift Taxes & Misc IRS Rcpts. 1 60 781 Change in Balance of Unclassified Taxes -70 24 -38 Total 9,243 163,209 1,724,945 These Receipts were deposited in: Federal Reserve Account: Directly 921 3,591 35,005 Collector Depositaries 3,262 47,267 468,506 Tax and Loan Accounts 4,707 107,342 1,166,225 Inter-agency Transfers 353 5,006 55,207 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 $ 36 $ 192 $ 6,136 $ 28,364 Deposits: Taxes Received (Table IV) 9 74 4,624 4,707 Transfers to Depositaries 4 1 401 405 Special Direct Investment 0 0 0 1,725 Term Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 0 0 Depositary Initiated 2 24 2,108 2,134 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Closing Balance Today 47 242 9,053 33,067 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday September 29, 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 $ 3 $ 3,910 $ 224,617 Business 250 3,857 55,465 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.