1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, December 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 $ 187,717 $ 193,149 $ 253,274 $ 198,716 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 187,717 $ 193,149 $ 253,274 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, December 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) 32 246 2,443 Air Transport Security Fees $ 1 $ 12 $ 630 Cash FTD's Received (Table IV) 2,699 53,526 420,312 Commodity Credit Corporation programs 5 184 530 Customs and Certain Excise Taxes 73 404 8,443 Deposits by States: Supplemental Security Income 5 19 627 Unemployment 12 104 6,494 Education Department programs 357 1,439 10,692 Energy Department programs 6 57 1,771 Estate and Gift Taxes 22 357 4,152 Federal Reserve Earnings 0 1,887 16,045 Foreign Deposits, Military Sales 58 2,262 7,174 Housing and Urban Development programs 6 66 631 Individual Income and Employment Taxes, Not Withheld 354 1,696 28,150 Interest recd from cash investments 0 0 0 Justice Department programs 9 129 1,255 Postal Service 568 2,690 18,005 Public Debt Cash Issues (Table III-B) 1,352 106,697 1,304,865 Other Deposits: Federal Employees Insurance Receipt 58 179 526 Federal Housing Admin: Note Sales 384 984 4,407 Thrift Savings Plan Transfer 141 434 5,960 Total Other Deposits 583 2,096 25,256 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 6,142 173,870 1,857,473 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 6,142 $ 173,870 $ 1,857,473 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, December 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 $ 167 $ 721 $ 9,676 Defense Vendor Payments (EFT) 960 6,273 51,709 Education Department programs 345 2,648 26,075 Energy Department programs 71 631 6,025 Federal Employees Insurance Payments 226 1,106 13,310 Fed. Highway Administration programs 368 1,113 8,144 Federal Salaries (EFT) 402 6,011 32,866 Food and Nutrition Service (misc) 151 783 5,743 GSA programs 42 793 3,607 Health and Human Services Grants (misc) 498 2,367 17,740 Housing and Urban Development programs 165 3,542 15,512 Interest on Treasury Securities 0 72 48,952 IRS Tax Refunds Business (EFT) 247 483 5,191 IRS Tax Refunds Individual (EFT) 10 182 7,444 Justice Department programs 50 379 2,946 Labor Dept. prgms (excl. unemployment) 52 311 2,606 Medicaid 2,651 10,453 68,669 Medicare and Other CMS Payments 1,570 9,435 71,860 Medicare Advantage - Part C&D Payments 0 18,907 69,234 Marketplace Payments 0 0 5,648 NASA programs 55 624 3,395 Postal Service Money Orders and Other 200 1,016 7,370 Public Debt Cash Redemp. (Table III-B) 1,064 108,442 1,044,801 Social Security Benefits (EFT) 51 24,134 159,190 Supple. Nutrition Assist. Program (SNAP) 299 1,634 13,780 Temporary Assistance for Needy Families (HHS) 50 328 2,679 Transportation Security Admin. (DHS) 9 27 382 Unemployment Insurance Benefits 238 906 5,346 Veterans Affairs programs 171 1,610 10,822 Other Withdrawals: Agriculture 174 424 2,711 Centers for Disease Control 75 233 1,092 Federal Transit Admin. 127 527 2,099 Thrift Savings Plan Transfer 51 1,274 6,463 Unclassified 1,033 7,139 45,364 Total, Other Withdrawals 1,461 34,495 147,753 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 11,574 239,427 1,868,473 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 11,574 $ 239,427 $ 1,868,473 Net Change in Operating Cash Balance $ -5,433 $ -65,557 $ -10,999 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, December 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 $ 98,984 $ 806,988 Cash Management Series 0 0 95,007 Notes 0 -2 314,242 Bonds 0 0 36,082 Inflation-Protected Securities Increment -17 -176 -3,371 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 3 18 131 Interest Increment 2 365 1,186 Government Account Series 310,967 1,867,297 10,496,582 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 340 1,340 4,993 Other 1,009 6,434 49,752 Total Issues $ 312,304 $ 1,974,260 $ 11,804,278 (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 $ 97,999 $ 753,033 Notes 0 0 223,316 Bonds 0 0 5,584 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 53 294 1,868 Government Account Series 311,376 1,904,076 10,120,576 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 3,728 11,328 Other 1,010 6,422 49,672 Total Redemptions $ 312,440 $ 2,012,518 $ 11,165,831 Net Change in Public Debt Outstanding $ -135 $ -38,259 $ 638,447 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, December 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) $ 312,304 $ 1,974,260 $ 11,804,278 Premium on New Issues 0 0 0 Discount on New Issues: Bills (-) 0 76 462 Bonds and Notes (-) 0 0 1,988 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 310,967 1,867,297 10,496,582 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 365 1,186 Inflation-Protected Securities Increment -17 -176 -3,490 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,352 $ 106,697 $ 1,304,865 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 312,440 $ 2,012,518 $ 11,165,831 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 (-) 311,376 1,904,076 10,120,576 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,064 $ 108,442 $ 1,044,801 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, December 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 $ 13,587,662 $ 13,586,975 $ 13,588,989 $ 13,123,847 Intragovernmental Holdings 5,201,403 5,202,224 5,238,334 5,026,770 Total Public Debt Outstanding 18,789,064 18,789,200 18,827,323 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 24,585 24,599 24,618 24,350 Federal Financing Bank 15,000 15,000 15,000 12,315 Hope Bonds 39 39 39 494 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 0 0 0 0 Total Public Debt Subject to Limit $ 18,748,957 $ 18,749,079 $ 18,787,182 $ 18,112,975 Statutory Debt Limit * * * $ 18,113,000 *Statutory debt limit temporarily suspended through March 15, 2017 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, December 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 $ 2,451 $ 56,097 $ 402,071 Individual Income Taxes 69 470 6,136 Railroad Retirement Taxes 1 97 1,010 Excise Taxes 47 118 12,744 Corporation Income Taxes 197 647 16,750 Federal Unemployment Taxes 1 17 693 Estate and Gift Taxes & Misc IRS Rcpts. 8 21 239 Total $ 2,773 $ 57,467 $ 439,643 Cash Federal Tax Deposits: Direct $ 42 $ 183 $ 5,597 Through Depositaries 2,657 53,343 414,715 Total Cash FTD's $ 2,699 $ 53,526 $ 420,312 Inter-agency Transfers 74 3,942 19,331 Total $ 2,773 $ 57,467 $ 439,643 ___________________________________________________________________________________________ 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 Tuesday, December 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) $ 640 $ 1,063 $ 8,166 IRS Tax Refunds Business (EFT) 247 483 5,191 IRS Tax Refunds Individual (Checks) 15 425 9,701 IRS Tax Refunds Individual (EFT) 10 182 7,444 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.