1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, December 10, 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 $ 160,711 $ 175,746 $ 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 $ 160,711 $ 175,746 $ 253,274 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, December 10, 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) 13 270 2,466 Air Transport Security Fees $ 1 $ 13 $ 631 Cash FTD's Received (Table IV) 3,737 64,965 431,751 Commodity Credit Corporation programs 11 200 545 Customs and Certain Excise Taxes 63 545 8,584 Deposits by States: Supplemental Security Income 4 25 633 Unemployment 12 135 6,524 Education Department programs 156 1,751 11,004 Energy Department programs 11 77 1,791 Estate and Gift Taxes 101 544 4,339 Federal Reserve Earnings 0 3,606 17,763 Foreign Deposits, Military Sales 10 2,408 7,320 Housing and Urban Development programs 8 79 643 Individual Income and Employment Taxes, Not Withheld 304 2,831 29,285 Interest recd from cash investments 0 0 0 Justice Department programs 39 209 1,335 Postal Service 411 3,463 18,777 Public Debt Cash Issues (Table III-B) 114,515 222,303 1,420,471 Other Deposits: Deposit Insurance Fund 211 319 939 Marketplace Receipts 107 193 1,631 Medicare Premiums 75 373 4,952 Total Other Deposits 393 2,640 25,801 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 119,790 306,062 1,989,665 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 119,790 $ 306,062 $ 1,989,665 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, December 10, 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 $ 106 $ 925 $ 9,880 Defense Vendor Payments (EFT) 1,778 8,873 54,310 Education Department programs 371 3,379 26,806 Energy Department programs 116 860 6,254 Federal Employees Insurance Payments 858 2,441 14,644 Fed. Highway Administration programs 70 1,330 8,361 Federal Salaries (EFT) 715 6,812 33,667 Food and Nutrition Service (misc) 130 1,075 6,035 GSA programs 49 887 3,701 Health and Human Services Grants (misc) 419 3,165 18,538 Housing and Urban Development programs 153 3,869 15,839 Interest on Treasury Securities 0 72 48,952 IRS Tax Refunds Business (EFT) 55 563 5,271 IRS Tax Refunds Individual (EFT) 5 451 7,713 Justice Department programs 68 618 3,184 Labor Dept. prgms (excl. unemployment) 76 421 2,715 Medicaid 1,620 12,932 71,147 Medicare and Other CMS Payments 947 11,832 74,257 Medicare Advantage - Part C&D Payments 0 18,907 69,234 Marketplace Payments 0 0 5,648 NASA programs 63 727 3,499 Postal Service Money Orders and Other 126 1,338 7,691 Public Debt Cash Redemp. (Table III-B) 124,573 234,073 1,170,432 Social Security Benefits (EFT) 51 38,994 174,049 Supple. Nutrition Assist. Program (SNAP) 306 2,218 14,364 Temporary Assistance for Needy Families (HHS) 37 386 2,736 Transportation Security Admin. (DHS) 7 38 393 Unemployment Insurance Benefits 84 1,144 5,583 Veterans Affairs programs 156 1,953 11,166 Other Withdrawals: Agency for Internat'l Development 59 520 2,874 Environmental Protection Agency 56 227 1,522 Federal Transit Admin. 52 633 2,205 State Department 52 280 2,396 TARP 8 8 727 Thrift Savings Plan Transfer 897 2,549 7,738 Unclassified 763 8,787 47,013 Total, Other Withdrawals 1,886 38,343 151,600 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 134,825 398,625 2,027,670 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 134,825 $ 398,625 $ 2,027,670 Net Change in Operating Cash Balance $ -15,035 $ -92,563 $ -38,005 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, December 10, 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 $ 113,000 $ 211,984 $ 919,988 Cash Management Series 0 0 95,007 Notes 0 -2 314,242 Bonds 0 0 36,082 Inflation-Protected Securities Increment -17 -210 -3,406 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 2 23 137 Interest Increment 1 370 1,191 Government Account Series 309,374 2,485,092 11,114,377 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 182 1,600 5,253 Other 1,535 8,977 52,296 Total Issues $ 424,077 $ 2,707,834 $ 12,537,853 (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 $ 122,997 $ 220,995 $ 876,029 Notes 0 0 223,316 Bonds 0 0 5,585 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 43 385 1,959 Government Account Series 312,519 2,539,015 10,755,514 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 17 3,746 11,345 Other 1,516 8,947 52,197 Total Redemptions $ 437,093 $ 2,773,088 $ 11,926,401 Net Change in Public Debt Outstanding $ -13,016 $ -65,254 $ 611,451 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, December 10, 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) $ 424,077 $ 2,707,834 $ 12,537,853 Premium on New Issues 0 0 0 Discount on New Issues: Bills (-) 203 280 665 Bonds and Notes (-) 0 0 1,988 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 309,374 2,485,092 11,114,377 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 370 1,191 Inflation-Protected Securities Increment -17 -210 -3,525 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 114,515 $ 222,303 $ 1,420,471 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 437,093 $ 2,773,088 $ 11,926,401 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 (-) 312,519 2,539,015 10,755,514 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 124,573 $ 234,073 $ 1,170,432 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, December 10, 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 $ 13,576,379 $ 13,587,276 $ 13,588,989 $ 13,123,847 Intragovernmental Holdings 5,185,690 5,187,809 5,238,334 5,026,770 Total Public Debt Outstanding 18,762,069 18,775,085 18,827,323 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 24,760 24,571 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 $ 18,721,787 $ 18,734,992 $ 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 Thursday, December 10, 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 $ 3,201 $ 66,900 $ 412,875 Individual Income Taxes 168 716 6,383 Railroad Retirement Taxes 41 141 1,054 Excise Taxes 495 665 13,291 Corporation Income Taxes 629 1,578 17,680 Federal Unemployment Taxes 1 20 696 Estate and Gift Taxes & Misc IRS Rcpts. 2 24 241 Total $ 4,536 $ 70,044 $ 452,219 Cash Federal Tax Deposits: Direct $ 27 $ 252 $ 5,666 Through Depositaries 3,711 64,713 426,085 Total Cash FTD's $ 3,737 $ 64,965 $ 431,751 Inter-agency Transfers 798 5,079 20,468 Total $ 4,536 $ 70,044 $ 452,219 ___________________________________________________________________________________________ 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 Thursday, December 10, 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) $ 132 $ 1,332 $ 8,435 IRS Tax Refunds Business (EFT) 55 563 5,271 IRS Tax Refunds Individual (Checks) 40 488 9,764 IRS Tax Refunds Individual (EFT) 5 451 7,713 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.