1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, December 11, 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 $ 165,184 $ 160,711 $ 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 $ 165,184 $ 160,711 $ 253,274 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, December 11, 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) 35 305 2,501 Air Transport Security Fees $ 1 $ 14 $ 632 Cash FTD's Received (Table IV) 11,128 76,093 442,879 Commodity Credit Corporation programs 9 209 554 Customs and Certain Excise Taxes 82 626 8,666 Deposits by States: Supplemental Security Income 3 28 636 Unemployment 12 147 6,536 Education Department programs 128 1,878 11,132 Energy Department programs 23 100 1,814 Estate and Gift Taxes 15 558 4,354 Federal Reserve Earnings 0 3,606 17,763 Foreign Deposits, Military Sales 44 2,452 7,364 Housing and Urban Development programs 28 106 671 Individual Income and Employment Taxes, Not Withheld 213 3,044 29,499 Interest recd from cash investments 0 0 0 Justice Department programs 11 220 1,346 Postal Service 389 3,852 19,166 Public Debt Cash Issues (Table III-B) 1,084 223,387 1,421,554 Other Deposits: Federal Housing Admin: Note Sales 54 1,173 4,597 Medicare Premiums 190 563 5,142 Total Other Deposits 245 2,885 26,046 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 13,447 319,510 2,003,113 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 13,447 $ 319,510 $ 2,003,113 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, December 11, 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 $ 62 $ 986 $ 9,942 Defense Vendor Payments (EFT) 1,039 9,912 55,349 Education Department programs 689 4,068 27,495 Energy Department programs 139 999 6,393 Federal Employees Insurance Payments 259 2,699 14,903 Fed. Highway Administration programs 159 1,489 8,520 Federal Salaries (EFT) 75 6,887 33,743 Food and Nutrition Service (misc) 213 1,288 6,248 GSA programs 50 937 3,751 Health and Human Services Grants (misc) 445 3,610 18,983 Housing and Urban Development programs 183 4,053 16,022 Interest on Treasury Securities 0 72 48,952 IRS Tax Refunds Business (EFT) 5 568 5,276 IRS Tax Refunds Individual (EFT) 4 455 7,717 Justice Department programs 69 687 3,254 Labor Dept. prgms (excl. unemployment) 163 583 2,878 Medicaid 1,374 14,306 72,521 Medicare and Other CMS Payments 767 12,599 75,024 Medicare Advantage - Part C&D Payments 0 18,907 69,234 Marketplace Payments 0 0 5,648 NASA programs 44 771 3,542 Postal Service Money Orders and Other 126 1,463 7,817 Public Debt Cash Redemp. (Table III-B) 1,119 235,192 1,171,551 Social Security Benefits (EFT) 50 39,044 174,099 Supple. Nutrition Assist. Program (SNAP) 286 2,504 14,651 Temporary Assistance for Needy Families (HHS) 20 405 2,756 Transportation Security Admin. (DHS) 14 52 407 Unemployment Insurance Benefits 52 1,196 5,635 Veterans Affairs programs 134 2,088 11,300 Other Withdrawals: Emergency Prep & Response (DHS) 50 294 1,888 Environmental Protection Agency 55 282 1,577 Federal Crop Ins. Corp. 59 390 4,123 Federal Financing Bank 71 711 1,186 Federal Railroad Admin. 222 370 698 Interior 53 339 1,752 Thrift Savings Plan Transfer 117 2,666 7,855 Unclassified 811 9,598 47,823 Total, Other Withdrawals 1,438 39,781 153,038 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 8,975 407,600 2,036,645 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 8,975 $ 407,600 $ 2,036,645 Net Change in Operating Cash Balance $ 4,473 $ -88,090 $ -33,532 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, December 11, 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 $ 211,983 $ 919,988 Cash Management Series 0 0 95,007 Notes 0 -2 314,242 Bonds 0 0 36,082 Inflation-Protected Securities Increment -16 -226 -3,422 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 3 26 139 Interest Increment 2 372 1,193 Government Account Series 306,296 2,791,389 11,420,673 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 55 1,655 5,308 Other 1,027 10,004 53,323 Total Issues $ 307,366 $ 3,015,200 $ 12,845,218 (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 $ 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 43 428 2,002 Government Account Series 303,394 2,842,409 11,058,908 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 48 3,794 11,393 Other 1,028 9,975 53,225 Total Redemptions $ 304,513 $ 3,077,601 $ 12,230,914 Net Change in Public Debt Outstanding $ 2,853 $ -62,401 $ 614,304 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, December 11, 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) $ 307,366 $ 3,015,200 $ 12,845,218 Premium on New Issues 0 0 0 Discount on New Issues: Bills (-) 0 280 665 Bonds and Notes (-) 0 0 1,988 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 306,296 2,791,389 11,420,673 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 372 1,193 Inflation-Protected Securities Increment -16 -226 -3,541 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,084 $ 223,387 $ 1,421,554 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 304,513 $ 3,077,601 $ 12,230,914 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 (-) 303,394 2,842,409 11,058,908 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,119 $ 235,192 $ 1,171,551 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, December 11, 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 $ 13,576,193 $ 13,576,379 $ 13,588,989 $ 13,123,847 Intragovernmental Holdings 5,188,729 5,185,690 5,238,334 5,026,770 Total Public Debt Outstanding 18,764,922 18,762,069 18,827,323 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 24,745 24,760 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 $ 18,724,655 $ 18,721,787 $ 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 Friday, December 11, 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 $ 7,227 $ 74,127 $ 420,101 Individual Income Taxes 279 994 6,661 Railroad Retirement Taxes 22 163 1,076 Excise Taxes 488 1,153 13,779 Corporation Income Taxes 3,099 4,677 20,779 Federal Unemployment Taxes 38 57 734 Estate and Gift Taxes & Misc IRS Rcpts. 1 25 242 Total $ 11,153 $ 81,197 $ 463,372 Cash Federal Tax Deposits: Direct $ 103 $ 355 $ 5,769 Through Depositaries 11,025 75,738 437,110 Total Cash FTD's $ 11,128 $ 76,093 $ 442,879 Inter-agency Transfers 25 5,104 20,493 Total $ 11,153 $ 81,197 $ 463,372 ___________________________________________________________________________________________ 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 Friday, December 11, 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) $ 37 $ 1,370 $ 8,473 IRS Tax Refunds Business (EFT) 5 568 5,276 IRS Tax Refunds Individual (Checks) 934 1,421 10,697 IRS Tax Refunds Individual (EFT) 4 455 7,717 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.