1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday November 03, 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 $ 4,971 $ 5,414 $ 5,116 $ 5,987 Tax and Loan Note Accounts (Table V) 9,890 28,677 42,959 30,362 Total Operating Balance 14,862 34,091 48,075 36,349 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday November 03, 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) 15 73 609 Commodity Credit Corporation programs 36 92 772 Customs and Certain Excise Taxes 114 397 3,095 Deposits by States: Supplemental Security Income 0 14 377 Unemployment 482 1,183 2,282 Education Department programs 48 213 1,654 Energy Department programs 15 221 828 Estate and Gift Taxes 49 172 2,265 Federal Reserve Earnings 555 555 2,472 Foreign Deposits, Military Sales 1 366 1,111 FTD's Received (Table IV) 3,858 8,549 48,759 Housing and Urban Development programs 31 119 688 Individual Income and Employment Taxes, Not Withheld 236 846 10,073 Interest recd from T&L Depositaries 7 7 29 Justice Department programs 8 20 188 Postal Service 435 1,338 9,734 Public Debt Cash Issues (Table III-B) 64 32,078 367,178 Other Deposits: Total Other Deposits 0 888 2,639 Change in Balance of Uncollected Funds (closing balance $ 266) -40 -175 -227 Transfers from Depositaries 22,820 54,715 194,130 Total Federal Reserve Account 28,735 101,674 648,657 Tax and Loan Note Accounts: FTD's Received (Table IV) 3,335 18,934 103,788 Transfers from Federal Reserve Account (Table V) 699 2,712 69,871 Total Tax and Loan Note Accounts (Table V) 4,034 21,647 173,658 Total Deposits (excluding transfers) 9,250 65,893 558,315 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday November 03, 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 343 1,174 8,905 Defense Vendor Payments (EFT) 979 3,088 22,433 Education Department programs 658 1,104 7,266 Energy Department programs 65 291 2,730 Federal Employees Insurance Payments 103 430 3,966 Fed. Highway Administration programs 131 283 2,982 Federal Salaries (EFT) 240 746 11,646 Food and Nutrition Service (misc) 82 234 2,368 Food Stamps 79 205 2,099 GSA programs 39 400 1,811 Health and Human Services Grants (misc) 208 749 6,602 Housing and Urban Development programs 125 2,222 6,461 Interest on Treasury Securities 2 1,600 4,199 Justice Department programs 51 207 1,222 Labor Dept. prgms (excl. unemployment) 37 136 1,216 Medicaid 665 1,936 16,960 Medicare 1,346 6,936 31,776 NASA programs 52 215 927 Postal Service Money Orders and Other 166 620 4,794 Public Debt Cash Redemp. (Table III-B) 56 37,084 315,443 Social Security Benefits (EFT) 21,219 21,341 53,717 Temporary Assistance for Needy Families (HHS) 28 126 1,550 Unemployment Insurance Benefits 117 375 2,418 Veterans Affairs programs 47 244 1,769 Other Withdrawals: Federal Transit Admin. 62 62 306 IRS Tax Refunds Business (EFT) 203 229 5,204 Thrift Savings Plan Transfer 66 66 1,210 Transportation Security Admin. (DHS) 1/ -11 6 106 Unclassified 1,322 3,434 25,522 Total, Other Withdrawals 1,642 17,360 64,543 Transfers to Depositaries 699 2,712 69,871 Total Federal Reserve Account 29,177 101,818 649,673 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 22,820 54,715 194,130 Total Withdrawals (excluding transfers) 28,479 99,106 579,802 Net Change in Operating Cash Balance -19,229 -33,213 -21,488 1/Includes a return of $16 million reported on November 01, 2004. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday November 03, 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 29,568 65,577 Bonds 0 0 0 Inflation-Protected Securities Increment 17 39 192 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 20 102 551 Interest Increment 0 483 1,112 Government Account Series 122,263 341,128 2,948,280 Domestic Series 0 0 33 Foreign Series 0 0 0 State and Local Series 45 2,460 10,679 Other 0 0 13 Total Issues 122,344 373,779 3,318,336 (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 56 170 1,149 Government Account Series 122,335 336,838 2,952,411 Domestic Series 0 0 33 Foreign Series 0 0 0 State and Local Series 0 4,474 10,384 Other 0 0 2 Total Redemptions 122,392 373,922 3,267,854 Net Change in Public Debt Outstanding -47 -142 50,482 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday November 03, 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) 122,344 373,779 3,318,336 Premium on New Issues 0 0 92 Discount on New Issues: Bills (-) 0 0 1,536 Bonds and Notes (-) 0 51 178 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 122,263 341,128 2,948,280 Interest Increment on United States Savings Securities (-) 0 483 1,112 Inflation-Protected Securities Increment 17 39 143 Total Public Debt Cash Issues Deposited in Federal Reserve Account 64 32,078 367,178 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 122,392 373,922 3,267,854 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 (-) 122,335 336,838 2,952,411 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 56 37,084 315,443 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday November 03, 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 $ 4,332,224 $ 4,321,296 $ 4,318,485 $ 4,307,345 Intragovernmental Holdings 3,097,311 3,108,286 3,111,192 3,071,708 Total Public Debt Outstanding 7,429,535 7,429,582 7,429,677 7,379,053 Less: Debt Not Subject to Limit: Other Debt 512 512 512 513 Unamortized Discount 45,235 45,282 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 Wednesday November 03, 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 $ 6,855 $ 27,251 $ 137,794 Individual Estimated Income Taxes 2 14 304 Railroad Retirement Taxes 2 82 407 Excise Taxes 19 479 4,594 Corporation Income Taxes 282 467 13,959 Federal Unemployment Taxes 8 411 704 Estate and Gift Taxes & Misc IRS Rcpts. 1 8 81 Change in Balance of Unclassified Taxes 53 297 353 Total 7,224 29,007 158,196 These Receipts were deposited in: Federal Reserve Account: Directly 332 688 2,864 Collector Depositaries 3,526 7,861 45,896 Tax and Loan Accounts 3,335 18,934 103,788 Inter-agency Transfers 30 1,524 5,649 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 $ 25 $ 132 $ 11,518 $ 28,677 Deposits: Taxes Received (Table IV) 11 85 3,239 3,335 Transfers to Depositaries 3 2 693 699 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 4,402 4,402 Depositary Initiated 2 18 1,396 1,417 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 17,002 Closing Balance Today 37 200 9,653 9,890 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday November 03, 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 $ 22 $ 2,629 Business 233 368 9,084 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.