1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, December 15, 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 $ 265,147 $ 186,805 $ 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 $ 265,147 $ 186,805 $ 253,274 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, December 15, 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) 34 355 2,551 Air Transport Security Fees $ 1 $ 18 $ 635 Cash FTD's Received (Table IV) 65,252 168,926 535,712 Commodity Credit Corporation programs 0 212 558 Customs and Certain Excise Taxes 86 834 8,873 Deposits by States: Supplemental Security Income 3 33 641 Unemployment 11 164 6,554 Education Department programs 391 2,485 11,738 Energy Department programs 68 190 1,904 Estate and Gift Taxes 87 703 4,498 Federal Reserve Earnings 0 3,606 17,763 Foreign Deposits, Military Sales 219 2,766 7,678 Housing and Urban Development programs 10 121 686 Individual Income and Employment Taxes, Not Withheld 454 3,873 30,327 Interest recd from cash investments 0 0 0 Justice Department programs 17 256 1,382 Postal Service 500 4,760 20,075 Public Debt Cash Issues (Table III-B) 59,787 284,218 1,482,386 Other Deposits: Export-Import Bank 82 162 461 Federal Finance Bank 190 194 213 Marketplace Receipts 396 612 2,050 Medicare Premiums 94 743 5,322 Total Other Deposits 762 3,782 26,943 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 127,684 477,302 2,160,905 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 127,684 $ 477,302 $ 2,160,905 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, December 15, 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 $ 97 $ 1,321 $ 10,277 Defense Vendor Payments (EFT) 1,860 13,162 58,599 Education Department programs 381 4,812 28,239 Energy Department programs 137 1,229 6,624 Federal Employees Insurance Payments 242 3,134 15,337 Fed. Highway Administration programs 190 1,816 8,846 Federal Salaries (EFT) 208 7,140 33,995 Food and Nutrition Service (misc) 152 1,552 6,512 GSA programs 39 1,017 3,831 Health and Human Services Grants (misc) 429 4,383 19,756 Housing and Urban Development programs 164 4,428 16,397 Interest on Treasury Securities 546 618 49,498 IRS Tax Refunds Business (EFT) 46 615 5,324 IRS Tax Refunds Individual (EFT) 4 474 7,736 Justice Department programs 54 804 3,371 Labor Dept. prgms (excl. unemployment) 42 662 2,956 Medicaid 1,490 16,620 74,835 Medicare and Other CMS Payments 1,215 14,455 76,881 Medicare Advantage - Part C&D Payments 0 18,907 69,234 Marketplace Payments 0 0 5,648 NASA programs 291 1,116 3,887 Postal Service Money Orders and Other 136 1,759 8,113 Public Debt Cash Redemp. (Table III-B) 34,867 271,130 1,207,489 Social Security Benefits (EFT) 48 39,137 174,193 Supple. Nutrition Assist. Program (SNAP) 307 3,609 15,755 Temporary Assistance for Needy Families (HHS) 79 625 2,976 Transportation Security Admin. (DHS) 14 70 425 Unemployment Insurance Benefits 227 1,521 5,960 Veterans Affairs programs 176 2,431 11,643 Other Withdrawals: Agriculture 57 660 2,947 Export-Import Bank 1,631 1,685 2,107 Federal Financing Bank 120 888 1,363 Federal Transit Admin. 71 791 2,363 Military Active Duty Pay (EFT) 2,685 6,305 19,190 Thrift Savings Plan Transfer 217 3,034 8,223 Unclassified 1,118 11,648 49,873 Total, Other Withdrawals 5,900 46,880 160,138 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 49,342 465,428 2,094,474 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 49,342 $ 465,428 $ 2,094,474 Net Change in Operating Cash Balance $ 78,342 $ 11,874 $ 66,431 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, December 15, 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 $ 211,980 $ 919,985 Cash Management Series 0 0 95,007 Notes 45,000 44,998 359,243 Bonds 13,000 13,000 49,082 Inflation-Protected Securities Increment -16 -293 -3,488 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 3 33 146 Interest Increment 2 375 1,196 Government Account Series 308,451 3,405,069 12,034,353 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 667 2,328 5,981 Other 1,033 12,075 55,393 Total Issues $ 368,140 $ 3,689,564 $ 13,519,583 (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 32,000 32,000 255,316 Bonds 0 0 5,585 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 49 522 2,096 Government Account Series 302,698 3,447,546 11,664,045 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 1,782 5,576 13,175 Other 1,036 12,037 55,287 Total Redemptions $ 337,565 $ 3,718,676 $ 12,871,989 Net Change in Public Debt Outstanding $ 30,575 $ -29,111 $ 647,594 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, December 15, 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) $ 368,140 $ 3,689,564 $ 13,519,583 Premium on New Issues 87 87 87 Discount on New Issues: Bills (-) 0 279 665 Bonds and Notes (-) 4 3 1,992 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 308,451 3,405,069 12,034,353 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 375 1,196 Inflation-Protected Securities Increment -16 -293 -3,607 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 59,787 $ 284,218 $ 1,482,386 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 337,565 $ 3,718,676 $ 12,871,989 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 (-) 302,698 3,447,546 11,664,045 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 34,867 $ 271,130 $ 1,207,489 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, December 15, 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 $ 13,600,643 $ 13,576,055 $ 13,588,989 $ 13,123,847 Intragovernmental Holdings 5,197,569 5,191,581 5,238,334 5,026,770 Total Public Debt Outstanding 18,798,212 18,767,636 18,827,323 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 24,686 24,701 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 $ 18,758,004 $ 18,727,413 $ 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 15, 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 $ 7,258 $ 96,128 $ 442,103 Individual Income Taxes 268 1,402 7,069 Railroad Retirement Taxes 4 205 1,117 Excise Taxes 103 3,284 15,909 Corporation Income Taxes 57,717 73,028 89,130 Federal Unemployment Taxes 3 64 740 Estate and Gift Taxes & Misc IRS Rcpts. 0 28 245 Total $ 65,355 $ 174,139 $ 556,314 Cash Federal Tax Deposits: Direct $ 48 $ 1,096 $ 6,510 Through Depositaries 65,204 167,830 529,202 Total Cash FTD's $ 65,252 $ 168,926 $ 535,712 Inter-agency Transfers 103 5,213 20,602 Total $ 65,355 $ 174,139 $ 556,314 ___________________________________________________________________________________________ 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 15, 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) $ 399 $ 1,996 $ 9,099 IRS Tax Refunds Business (EFT) 46 615 5,324 IRS Tax Refunds Individual (Checks) 17 1,457 10,733 IRS Tax Refunds Individual (EFT) 4 474 7,736 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.