DAILY TREASURY STATEMENT Cash and debt operations of the United States Treasury Friday, November 14, 1997 (Detail, rounded in millions, may not add to totals) ÉÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍ» º TABLE I Operating Cash Balance º ÌÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍ͹ º º º Opening balance º º º ÌÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍ͹ º º Closingº º º This º º Type of account º balanceº º This º fiscalº º º today º Todayº monthº year º ÈÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍͼ Federal Reserve Account $ 5,616 $ 3,950 $ 4,616 $ 7,692 Tax and Loan Note Accounts (Table V) 11,216 12,029 15,645 35,930 Total Operating Balance 16,832 15,979 20,261 43,621 ÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍ Table II Deposits and Withdrawals of Operating Cash ÉÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍ» º º º This º Fiscal º º Deposits º Todayº month º year º º º º to dateº to dateº ÈÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍͼ Federal Reserve Account: Public Debt Receipts (Table III-B) $ 34 $ 84,447 $ 257,123 Agriculture Loan Repayments (Misc) 1/ 15 137 421 Commodity Credit Corporation 41 186 728 Customs and Certain Excise Taxes 129 953 3,150 Deposits by States: Unemployment 43 2,061 2,982 Supplemental Security Income - 256 518 Energy Department 5 150 865 Estate and Gift Taxes 121 697 3,000 Federal Reserve Earnings - 1,210 3,871 Foreign Deposits, Military Sales * 648 2,025 Housing and Urban Development (HUD) 24 392 1,064 Individual Income and Employment Taxes, Not Withheld 149 1,229 8,180 Postal Service 415 3,573 11,252 Taxes Received (Table IV) 2,338 14,457 45,794 Other Deposits: - - - Total Other Deposits - -27 423 Change in Balance of Uncollected Funds (closing balance $100) +5 -6 +3 Transfers from Depositaries 5,504 39,668 144,077 Total Federal Reserve Account 8,823 150,032 485,476 Tax and Loan Note Accounts: Taxes Received (Table IV) 4,692 30,904 100,283 Transfers from Federal Reserve Banks - 4,335 19,081 Total Tax and Loan Note Accounts (Table V) 4,692 35,239 119,364 Total Deposits (net of transfers) 8,010 141,268 441,681 1/ Includes Agriculture credit and Rural housing and business funds. DAILY TREASURY STATEMENT page 2 Cash and debt operations of the United States Treasury Friday, November 14, 1997 (Detail, rounded in millions, may not add to totals) ÉÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍ» º º º This º Fiscalº º Withdrawals º Todayº month º year º º º º to dateº to dateº ÈÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍͼ Federal Reserve Account: Public Debt Redemptions (Table III-B) $ 61 $ 68,700 $ 239,563 Commodity Credit Corporation 83 994 4,469 Defense Vendor Payements (EFT) 365 2,653 9,902 Education Department 180 1,229 4,730 Energy Department 88 661 2,526 Family Support Payments (HHS) 7 102 247 Federal Employees Insurance Payments 120 1,105 3,051 Federal Highway Administration 59 821 2,921 Federal Salaries (EFT) 1,719 3,413 11,764 Food & Nutrition Service (misc) 83 514 1,577 Food Stamps 96 660 2,273 Health and Human Services Grants (misc) 180 1,463 4,238 Housing and Urban Development (HUD) 115 1,432 5,420 Interest on Public Debt 3 430 10,075 Labor Department 15 372 1,253 Medicare 764 6,739 27,136 Medicaid 647 3,970 13,262 Natl Aeronautics & Space Adm. (NASA) 57 447 1,488 Postal Service Money Orders and Other 185 1,995 6,103 Temporary Assistance for Needy Families 2/ 121 472 1,428 Unemployment Insurance Benefits 59 577 1,980 Other Withdrawals: - - - Military Active Duty Pay (EFT) 1,222 - - Unclassified 927 18,525 49,289 Total, Other Withdrawals 2,149 45,949 113,066 Transfers to Depositaries - 4,335 19,081 Total Federal Reserve Account 7,157 149,033 487,555 Tax and Loan Note Accounts: Transfers to Federal Reserve Banks (Table V) 5,504 39,668 144,077 Total Withdrawals (net of transfers) 7,157 144,698 468,474 Net Change in Operating Cash Balance +853 -3,429 -26,790 2/Formerly included in "HHS Grants (miscellaneous)." DAILY TREASURY STATEMENT page 3 Cash and debt operations of the United States Treasury Friday, November 14, 1997 (Detail, rounded in millions, may not add to totals) ÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍ TABLE III-A Public Debt Transactions ÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍ (Stated at face value except for savings and retirement plan securities which are stated at current redemption value) ÉÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍ» º º º This º Fiscal º º Issues º Todayº month º year º º º º to dateº to dateº ÈÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍͼ Marketable: Bills: Regular Series $ 1 $ 62,822 $ 191,082 Cash Management Series - 21,139 21,139 Notes * 4 36,976 Bonds - - - Inflation-Indexed Securities Increment 3 37 116 Federal Financing Bank - - - Nonmarketable: Savings and Retirement Plan Series: Cash Issue Price 19 228 702 Interest Increment - -5 868 Government Account Series 49,020 458,771 1,561,267 Domestic Series - - - Foreign Series - - - State and Local Series 14 2,317 12,384 Other - - 1 Total Issues 49,057 545,314 1,824,536 ÉÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍ» º º º This º Fiscal º º Redemptions º Todayº month º year º º º º to dateº to dateº ÈÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍͼ Marketable: Bills $ - $ 66,224 $ 193,382 Notes * * 39,084 Bonds * 1 2 Federal Financing Bank - - - Nonmarketable: Savings and Retirement Plan Series 51 546 1,759 Government Account Series 48,156 472,751 1,567,032 Domestic Series - - - Foreign Series - 150 450 State and Local Series 10 1,779 4,883 Other * * 2 Total Redemptions 48,217 541,452 1,806,595 Net Change in Public Debt Outstanding +840 +3,862 +17,941 DAILY TREASURY STATEMENT page 4 Cash and debt operations of the United States Treasury Friday, November 14, 1997 (Detail, rounded in millions, may not add to totals) ÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍ TABLE III-B Adjustment of Public Debt Transactions to Cash Basis ÉÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍ» º º º This º Fiscal º º Transactions º Todayº month º year º º º º to dateº to dateº ÈÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍͼ Public Debt Cash Receipts: Public Debt Issues (Table III-A) $ 49,057 $ 545,314 $ 1,824,536 Premium on New Issues - * 34 Discount in New Issues: Bills (-) * 2,063 5,151 Bonds and Notes (-) * * 70 Government Account Transaction (-) 49,020 458,771 1,561,267 Interest Increment on Savings and Retirement Plan Series (-) - -5 868 Inflation-Indexed Securities Increment 3 37 91 Total Public Debt Cash Receipts Deposited in Federal Reserve Account 34 84,447 257,123 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 48,217 541,452 1,806,595 Government Account Transactions (-) 48,156 472,751 1,567,032 Total Public Debt Cash Redemptions 61 68,700 239,563 ÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍ TABLE III-C Debt Subject to Limit Opening balance ÉÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍ» º Closingº º This º Fiscal º º Classification balanceº Todayº month º year º º today º º to dateº to dateº ÈÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍͼ Total Public Debt Outstanding$ 5,431,087 $ 5,430,247 $ 5,427,225 $ 5,413,146 Less Public Debt Not Subject to Limit: Miscellaneous Debt 535 535 535 536 Discount Adjustment 1/ 71,316 71,423 70,426 70,054 Federal Financing Bank 15,000 15,000 15,000 15,000 Plus Other Obligations Subject to Limit: Guaranteed Debt of Federal Agencies 85 85 81 68 Total Subject to Limit 5,344,321 5,343,374 5,341,344 5,327,624 Statutory Limit 5,950,000 5,950,000 5,950,000 5,950,000 Act of August 5, 1997, permanently increased the statutory debt limit to $5,950.0 billion. 1/Represents the unamortized discount on Treasury bills and zero-coupon bonds (amortization is calculated daily). DAILY TREASURY STATEMENT page 5 Cash and debt operations of the United States Treasury Friday, November 14, 1997 (Detail, rounded in millions, may not add to totals) ÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍ TABLE IV Federal Tax Deposits ÉÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍ» º º º This º Fiscal º º Classification º Todayº month º year º º º º to dateº to dateº ÈÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍͼ Withheld Income and Employment Taxes $ 4,238 $ 41,677 $ 134,024 Individual Estimated Income Taxes * * 75 Railroad Retirement Taxes 15 166 536 Excise Taxes 1,305 2,692 7,689 Corporation Income Taxes 880 1,289 7,913 Federal Unemployment Taxes 8 250 774 Estate And Gift Taxes * * * Change in balance of Unclassified Taxes +708 +751 +299 Total 7,155 46,826 151,309 These Receipts were deposited in: Federal Reserve Account: Directly 1,275 5,719 18,014 Remittance Option Depositaries 1,063 8,738 27,780 Tax and Loan Note Accounts 4,692 30,904 100,283 Inter-agency Transfers 125 1,464 5,232 ÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍ TABLE V Tax and Loan Note Accounts by Depositary Category ÉÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍ» º º Classification º º ÌÍÍÍÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍ͹ º Type of account º º º º º º º A º B º C º Totalº ÈÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍͼ Opening Balance Today $ 147 $ 681 $ 11,200 $ 12,029 Investments: Credits 21 133 4,538 4,692 Transfers to Depositaries - - - - Withdrawals: Treasury Initiated - - 3,837 3,837 Depositary Initiated 7 82 1,578 1,667 Closing Balance Today 161 733 10,322 11,216 DAILY TREASURY STATEMENT page 6 Cash and debt operations of the United States Treasury Friday, November 14, 1997 (Detail, rounded in millions, may not add to totals) ÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍ TABLE VI Income Tax Refunds Issued ÉÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍËÍÍÍÍÍÍÍÍÍÍÍ» º º º This º Fiscal º º Classification º Todayº month º year º º º º to dateº to dateº ÈÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍÍÊÍÍÍÍÍÍÍÍÍÍͼ Individual $ 922 $ 1,426 $ 2,500 Business 77 614 4,236 * less than $500,000 This statement summarizes the United States Treasury's cash and debt operations for the Federal Government. Treasury's operating cash is maintained in account at Federal Reserve banks and branches in Tax and Loan accounts at commercial banks. Major information sources include: Federal Reserve Banks, Treasury Regional Finance 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. For sale by the Superintendent of Documents, U.S. Government Printing Office, Washington, DC 20402. Note: The Daily Treasury Statement is now available on the day following the Statement date on the Department of Commerce's Bulletin Board System. For more information about the system, please call 202-482-1986. Selected information is also available on two separate telephone recordings at 4:00 p.m. on the day following the statement date on 202-874-9850 (shorter version) and on 202-874-9040 (longer version).