1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, July 8, 2015 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE I Operating Cash Balance ___________________________________________________________________________________________ Opening balance Closing ______________________________________ Type of account balance This This today Today month fiscal year ____________________________________________________________________________________________ Federal Reserve Account $ 173,642 $ 184,266 $ 254,340 $ 158,302 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 173,642 $ 184,266 $ 254,340 $ 158,302 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, July 8, 2015 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE II Deposits and Withdrawals of Operating Cash ___________________________________________________________________________________________ This Fiscal Deposits Today month year to date to date ____________________________________________________________________________________________ Federal Reserve Account: Agriculture Loan Repayments (misc) $ 33 $ 191 $ 8,693 Air Transport Security Fees 1 9 2,718 Cash FTD's Received (Table IV) 7,874 57,313 2,101,375 Commodity Credit Corporation programs 5 117 2,719 Customs and Certain Excise Taxes 81 363 34,151 Deposits by States: Supplemental Security Income 2 23 2,783 Unemployment 32 118 34,835 Education Department programs 169 1,106 40,448 Energy Department programs 4 81 5,515 Estate and Gift Taxes 66 356 15,210 Federal Reserve Earnings 1,857 3,700 72,531 Foreign Deposits, Military Sales 451 1,775 22,260 Housing and Urban Development programs 2 72 2,402 Individual Income and Employment Taxes, Not Withheld 846 2,943 431,413 Interest recd from cash investments 0 0 0 Justice Department programs 11 103 17,580 Postal Service 354 2,044 69,594 Public Debt Cash Issues (Table III-B) 825 83,381 5,536,321 Other Deposits: Federal Housing Admin: Note Sales 119 1,009 16,626 TARP 3 3 1,843 Total Other Deposits 122 1,409 171,355 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 12,735 155,106 8,571,906 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 12,735 $ 155,106 $ 8,571,906 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, July 8, 2015 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ This Fiscal Withdrawals Today month year to date to date ____________________________________________________________________________________________ Federal Reserve Account: Commodity Credit Corporation programs $ 7 $ 75 $ 12,393 Defense Vendor Payments (EFT) 1,017 4,406 225,529 Education Department programs 438 2,331 136,659 Energy Department programs 86 563 24,840 Federal Employees Insurance Payments 254 1,251 58,655 Fed. Highway Administration programs 421 1,062 28,233 Federal Salaries (EFT) 432 5,906 128,126 Food and Nutrition Service (misc) 52 432 24,063 GSA programs 46 653 14,140 Health and Human Services Grants (misc) 244 1,858 72,083 Housing and Urban Development programs 158 3,348 58,408 Interest on Treasury Securities 0 201 171,366 IRS Tax Refunds Business (EFT) 15 257 20,830 IRS Tax Refunds Individual (EFT) 46 505 244,202 Justice Department programs 60 336 11,392 Labor Dept. prgms (excl. unemployment) 33 219 10,973 Medicaid 1,248 8,548 265,635 Medicare and Other CMS Payments 1,680 7,970 298,250 Medicare Advantage - Part C&D Payments 0 23,591 199,337 Marketplace Payments 0 0 20,272 NASA programs 36 353 13,092 Postal Service Money Orders and Other 188 989 30,675 Public Debt Cash Redemp. (Table III-B) 864 97,935 5,145,674 Social Security Benefits (EFT) 14,266 38,241 632,621 Supple. Nutrition Assist. Program (SNAP) 292 1,630 57,010 Temporary Assistance for Needy Families (HHS) 34 254 11,218 Transportation Security Admin. (DHS) 11 43 1,736 Unemployment Insurance Benefits 149 754 26,574 Veterans Affairs programs 153 1,215 41,122 Other Withdrawals: Agency for Internat'l Development 61 214 11,206 Thrift Savings Plan Transfer 368 1,387 27,033 Unclassified 700 4,551 209,335 Total, Other Withdrawals 1,129 30,879 571,456 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 23,360 235,804 8,556,566 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 23,360 $ 235,804 $ 8,556,566 Net Change in Operating Cash Balance $ -10,624 $ -80,698 $ 15,340 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, July 8, 2015 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE III-A Public Debt Transactions ___________________________________________________________________________________________ This Fiscal Issues Today month year to date to date ____________________________________________________________________________________________ Marketable: Bills: Regular Series $ 0 $ 78,001 $ 3,655,904 Cash Management Series 0 0 30,000 Notes 0 0 1,448,578 Bonds 0 0 149,376 Inflation-Protected Securities Increment 171 1,246 -5,662 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 2 9 641 Interest Increment 2 463 5,011 Government Account Series 180,329 1,079,602 46,616,936 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 0 66,140 Other 822 5,386 189,915 Total Issues $ 181,327 $ 1,164,707 $ 52,156,839 (Stated at face value except for savings and retirement plan securities which are stated at current redemption values.) ___________________________________________________________________________________________ This Fiscal Redemptions Today month year to date to date ____________________________________________________________________________________________ Marketable: Bills $ 0 $ 83,001 $ 3,706,893 Notes 0 0 1,146,359 Bonds 0 0 10,520 Federal Financing Bank 0 0 1,297 Nonmarketable: United States Savings Securities 40 242 8,202 Government Account Series 180,473 1,066,839 46,681,764 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 2,721 State and Local Series 0 9,305 81,345 Other 825 5,388 189,879 Total Redemptions $ 181,338 $ 1,164,775 $ 51,828,981 Net Change in Public Debt Outstanding $ -10 $ -68 $ 327,858 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, July 8, 2015 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE III-B Adjustment of Public Debt Transactions to Cash Basis ___________________________________________________________________________________________ This Fiscal Transactions Today month year to date to date ____________________________________________________________________________________________ Public Debt Cash Issues: Public Debt Issues (Table III-A) $ 181,327 $ 1,164,707 $ 52,156,839 Premium on New Issues 0 0 4,067 Discount on New Issues: Bills (-) 0 15 1,062 Bonds and Notes (-) 0 0 7,428 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 180,329 1,079,602 46,616,936 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 463 5,011 Inflation-Protected Securities Increment 171 1,246 -5,852 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 825 $ 83,381 $ 5,536,321 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 181,338 $ 1,164,775 $ 51,828,981 Premium on Debt Buyback Operation 0 0 1 Discount on Debt Buyback Operation (-) 0 0 0 Federal Financing Bank (-) 0 0 1,297 Government Account Transactions (-) 180,473 1,066,839 46,682,010 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 864 $ 97,935 $ 5,145,674 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, July 8, 2015 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE III-C Debt Subject to Limit ___________________________________________________________________________________________ Opening balance Closing ______________________________________ Balance Transactions balance This This today Today month fiscal year ____________________________________________________________________________________________ Debt Held by the Public $ 13,106,285 $ 13,093,650 $ 13,076,414 $ 12,784,971 Intragovernmental Holdings 5,045,645 5,058,291 5,075,583 5,039,100 Total Public Debt Outstanding 18,151,930 18,151,940 18,151,998 17,824,071 Less: Debt Not Subject to Limit: Other Debt 484 484 484 484 Unamortized Discount 25,662 25,672 25,730 28,374 Federal Financing Bank 12,315 12,315 12,315 13,612 Hope Bonds 494 494 494 494 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 0 0 0 0 Total Public Debt Subject to Limit $ 18,112,975 $ 18,112,975 $ 18,112,975 $ 17,781,107 Statutory Debt Limit $ 18,113,000 $ 18,113,000 $ 18,113,000 * *Statutory debt limit temporarily suspended through March 15, 2015. As of March 16, 2015 the debt limit was increased to $18,113,000,080,959.35. Unamortized Discount represents the discount adjustment on Treasury bills and zero-coupon bonds. 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Wednesday, July 8, 2015 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE IV Federal Tax Deposits ___________________________________________________________________________________________ This Fiscal Classification Today month year to date to date ____________________________________________________________________________________________ Withheld Income and Employment Taxes $ 7,674 $ 60,422 $ 1,724,146 Individual Income Taxes 64 475 88,666 Railroad Retirement Taxes 3 131 5,024 Excise Taxes 38 151 59,994 Corporation Income Taxes 96 393 287,059 Federal Unemployment Taxes 5 27 8,299 Estate and Gift Taxes & Misc IRS Rcpts. 2 17 1,290 Total $ 7,882 $ 61,614 $ 2,174,478 Cash Federal Tax Deposits: Direct $ 55 $ 188 $ 26,016 Through Depositaries 7,819 57,126 2,075,359 Total Cash FTD's $ 7,874 $ 57,313 $ 2,101,375 Inter-agency Transfers 7 4,301 73,103 Total $ 7,882 $ 61,614 $ 2,174,478 ___________________________________________________________________________________________ TABLE V Short-Term Cash Investments ___________________________________________________________________________________________ Type of Depositary Balance Transactions ______________________________________ Total A B C ____________________________________________________________________________________________ Opening Balance Today $ 0 $ 0 $ 0 $ 0 Deposits: Transfers to Depositaries 0 0 0 0 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 0 0 Depositary Initiated 0 0 0 0 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today $ 0 $ 0 $ 0 $ 0 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Wednesday, July 8, 2015 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE VI Income Tax Refunds Issued ___________________________________________________________________________________________ This Fiscal Classification Today month year to date to date ____________________________________________________________________________________________ IRS Tax Refunds Business (Checks) $ 45 $ 521 $ 29,865 IRS Tax Refunds Business (EFT) 15 257 20,830 IRS Tax Refunds Individual (Checks) 39 546 57,743 IRS Tax Refunds Individual (EFT) 46 505 244,202 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 short-term cash investments. Treasury minimized and then suspended its short-term cash investment program beginning in November 2008, but anticipates investing again when market conditions warrant. Major information sources include: Federal Reserve Banks, Treasury Regional Financial Centers, Internal Revenue Service Centers, various electronic systems, and information on the Public Debt. Information is presented on a modified cash basis. Deposits are reflected as received and withdrawals are reflected as processed. SOURCE: Bureau of the Fiscal Service, Department of the Treasury. Note: The Daily Treasury Statement (DTS) is available by 4:00 p.m. the following business day on the Fiscal Service website www.fms.treas.gov/dts. For more information, call the Cash Forecasting Division at 202-874-9789.