1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday November 02, 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 $ 5,414 $ 6,187 $ 5,116 $ 5,987 Tax and Loan Note Accounts (Table V) 28,677 28,924 42,959 30,362 Total Operating Balance 34,091 35,111 48,075 36,349 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday November 02, 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) 23 58 594 Commodity Credit Corporation programs 29 56 735 Customs and Certain Excise Taxes 145 283 2,981 Deposits by States: Supplemental Security Income 0 14 377 Unemployment 374 701 1,800 Education Department programs 87 166 1,606 Energy Department programs 19 206 813 Estate and Gift Taxes 73 123 2,216 Federal Reserve Earnings 0 0 1,916 Foreign Deposits, Military Sales 5 365 1,109 FTD's Received (Table IV) 1,353 4,691 44,901 Housing and Urban Development programs 48 88 657 Individual Income and Employment Taxes, Not Withheld 293 610 9,837 Interest recd from T&L Depositaries 1 1 23 Justice Department programs 8 12 180 Postal Service 505 903 9,299 Public Debt Cash Issues (Table III-B) 1,029 32,013 367,114 Other Deposits: Air Transport Security Fees 1 6 177 Defense Finance & Accounting Service 72 89 674 Thrift Savings Plan Transfer 92 95 528 Total Other Deposits 165 888 2,639 Change in Balance of Uncollected Funds (closing balance $ 226) -217 -135 -187 Transfers from Depositaries 4,472 31,895 171,310 Total Federal Reserve Account 8,412 72,939 619,922 Tax and Loan Note Accounts: FTD's Received (Table IV) 2,282 15,599 100,453 Transfers from Federal Reserve Account (Table V) 1,942 2,014 69,172 Total Tax and Loan Note Accounts (Table V) 4,225 17,613 169,625 Total Deposits (excluding transfers) 6,223 56,643 549,065 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday November 02, 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 357 831 8,562 Defense Vendor Payments (EFT) 1,123 2,109 21,455 Education Department programs 182 446 6,607 Energy Department programs 88 226 2,664 Federal Employees Insurance Payments 213 327 3,863 Fed. Highway Administration programs 101 152 2,851 Federal Salaries (EFT) 182 506 11,406 Food and Nutrition Service (misc) 48 152 2,287 Food Stamps 53 125 2,020 GSA programs 43 361 1,772 Health and Human Services Grants (misc) 242 542 6,395 Housing and Urban Development programs 131 2,097 6,336 Interest on Treasury Securities -4 1,598 4,197 Justice Department programs 145 156 1,171 Labor Dept. prgms (excl. unemployment) 27 99 1,179 Medicaid 589 1,270 16,294 Medicare 1,082 5,589 30,430 NASA programs 42 164 876 Postal Service Money Orders and Other 183 455 4,629 Public Debt Cash Redemp. (Table III-B) 861 37,028 315,386 Social Security Benefits (EFT) 0 122 32,498 Temporary Assistance for Needy Families (HHS) 54 98 1,522 Unemployment Insurance Benefits 131 258 2,301 Veterans Affairs programs 62 197 1,722 Other Withdrawals: Emergency Prep & Response (DHS) 52 77 834 Transportation Security Admin. (DHS) 1 17 116 Unclassified 1,258 2,112 24,201 Total, Other Withdrawals 1,311 15,718 62,901 Transfers to Depositaries 1,942 2,014 69,172 Total Federal Reserve Account 9,185 72,641 620,496 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 4,472 31,895 171,310 Total Withdrawals (excluding transfers) 7,243 70,627 551,324 Net Change in Operating Cash Balance -1,021 -13,984 -2,259 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday November 02, 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 -2 269,897 Cash Management Series 0 0 22,001 Notes 1 29,569 65,578 Bonds 0 0 0 Inflation-Protected Securities Increment 17 22 174 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 53 82 530 Interest Increment 0 483 1,112 Government Account Series 108,315 218,865 2,826,017 Domestic Series 0 0 33 Foreign Series 0 0 0 State and Local Series 975 2,416 10,635 Other 0 0 13 Total Issues 109,362 251,435 3,195,992 (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 0 271,431 Notes 0 32,440 32,440 Bonds 0 0 2 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 66 114 1,093 Government Account Series 108,548 214,502 2,830,075 Domestic Series 0 0 33 Foreign Series 0 0 0 State and Local Series 795 4,474 10,384 Other 0 0 2 Total Redemptions 109,409 251,530 3,145,462 Net Change in Public Debt Outstanding -47 -95 50,530 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday November 02, 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) 109,362 251,435 3,195,992 Premium on New Issues 0 0 92 Discount on New Issues: Bills (-) 0 0 1,536 Bonds and Notes (-) 0 52 178 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 108,315 218,865 2,826,017 Interest Increment on United States Savings Securities (-) 0 483 1,112 Inflation-Protected Securities Increment 17 22 126 Total Public Debt Cash Issues Deposited in Federal Reserve Account 1,029 32,013 367,114 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 109,409 251,530 3,145,462 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 (-) 108,548 214,502 2,830,075 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 861 37,028 315,386 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday November 02, 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 $ 4,321,296 $ 4,328,373 $ 4,318,485 $ 4,307,345 Intragovernmental Holdings 3,108,286 3,101,257 3,111,192 3,071,708 Total Public Debt Outstanding 7,429,582 7,429,630 7,429,677 7,379,053 Less: Debt Not Subject to Limit: Other Debt 512 512 512 513 Unamortized Discount 45,282 45,330 45,377 45,374 Federal Financing Bank 0 0 0 0 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 187 187 187 184 Total Public Debt Subject to Limit 7,383,975 7,383,975 7,383,975 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 November 02, 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 $ 3,921 $ 20,395 $ 130,939 Individual Estimated Income Taxes 7 11 302 Railroad Retirement Taxes 6 80 405 Excise Taxes 15 459 4,575 Corporation Income Taxes 108 185 13,677 Federal Unemployment Taxes 12 403 696 Estate and Gift Taxes & Misc IRS Rcpts. 6 7 80 Change in Balance of Unclassified Taxes 106 243 300 Total 4,182 21,784 150,973 These Receipts were deposited in: Federal Reserve Account: Directly 297 356 2,531 Collector Depositaries 1,057 4,335 42,370 Tax and Loan Accounts 2,282 15,599 100,453 Inter-agency Transfers 546 1,494 5,619 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 $ 9 $ 82 $ 7,831 $ 28,924 Deposits: Taxes Received (Table IV) 7 51 2,225 2,282 Transfers to Depositaries 10 7 1,925 1,942 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 0 0 Depositary Initiated 1 7 463 472 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 4,000 Closing Balance Today 25 132 11,518 28,677 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Tuesday November 02, 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 $ 10 $ 18 $ 2,625 Business 94 135 8,851 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.