1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, December 16, 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 $ 266,187 $ 265,147 $ 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 $ 266,187 $ 265,147 $ 253,274 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, December 16, 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) 15 370 2,566 Air Transport Security Fees $ 1 $ 18 $ 636 Cash FTD's Received (Table IV) 19,563 188,489 555,275 Commodity Credit Corporation programs 4 217 562 Customs and Certain Excise Taxes 64 897 8,937 Deposits by States: Supplemental Security Income 2 35 643 Unemployment 11 176 6,565 Education Department programs 242 2,727 11,980 Energy Department programs 10 200 1,914 Estate and Gift Taxes 140 843 4,639 Federal Reserve Earnings 2,665 6,271 20,429 Foreign Deposits, Military Sales 41 2,807 7,719 Housing and Urban Development programs 9 129 694 Individual Income and Employment Taxes, Not Withheld 1,133 5,006 31,460 Interest recd from cash investments 0 0 0 Justice Department programs 38 294 1,420 Postal Service 369 5,130 20,445 Public Debt Cash Issues (Table III-B) 1,241 285,459 1,483,627 Other Deposits: International Monetary Fund 449 528 1,206 Interntl Security Assistance (DSCA) 67 68 73 Total Other Deposits 516 4,298 27,459 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 26,063 503,365 2,186,968 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 26,063 $ 503,365 $ 2,186,968 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, December 16, 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 $ 32 $ 1,353 $ 10,308 Defense Vendor Payments (EFT) 1,478 14,640 60,077 Education Department programs 625 5,437 28,864 Energy Department programs 111 1,340 6,735 Federal Employees Insurance Payments 269 3,403 15,606 Fed. Highway Administration programs 193 2,009 9,040 Federal Salaries (EFT) 73 7,213 34,068 Food and Nutrition Service (misc) 208 1,760 6,720 GSA programs 37 1,054 3,868 Health and Human Services Grants (misc) 333 4,717 20,089 Housing and Urban Development programs 173 4,601 16,571 Interest on Treasury Securities 0 618 49,498 IRS Tax Refunds Business (EFT) 3 619 5,327 IRS Tax Refunds Individual (EFT) 128 602 7,863 Justice Department programs 49 853 3,420 Labor Dept. prgms (excl. unemployment) 39 701 2,995 Medicaid 2,160 18,780 76,995 Medicare and Other CMS Payments 1,826 16,281 78,707 Medicare Advantage - Part C&D Payments 0 18,907 69,234 Marketplace Payments 0 0 5,648 NASA programs 82 1,198 3,969 Postal Service Money Orders and Other 116 1,876 8,229 Public Debt Cash Redemp. (Table III-B) 1,065 272,195 1,208,554 Social Security Benefits (EFT) 14,481 53,618 188,674 Supple. Nutrition Assist. Program (SNAP) 245 3,853 16,000 Temporary Assistance for Needy Families (HHS) 14 639 2,990 Transportation Security Admin. (DHS) 18 88 443 Unemployment Insurance Benefits 173 1,695 6,134 Veterans Affairs programs 194 2,624 11,837 Other Withdrawals: Agriculture 59 719 3,006 Unclassified 839 12,486 50,712 Total, Other Withdrawals 898 47,779 161,036 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 25,024 490,452 2,119,498 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 25,024 $ 490,452 $ 2,119,498 Net Change in Operating Cash Balance $ 1,039 $ 12,913 $ 67,470 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, December 16, 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 0 44,998 359,243 Bonds 0 13,000 49,082 Inflation-Protected Securities Increment -17 -310 -3,506 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 2 35 148 Interest Increment 1 376 1,198 Government Account Series 307,939 3,713,008 12,342,292 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 216 2,544 6,197 Other 1,023 13,097 56,416 Total Issues $ 309,164 $ 3,998,729 $ 13,828,747 (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 32,000 255,316 Bonds 0 0 5,585 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 42 564 2,138 Government Account Series 318,172 3,765,718 11,982,217 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 5,576 13,175 Other 1,024 13,060 56,311 Total Redemptions $ 319,238 $ 4,037,913 $ 13,191,226 Net Change in Public Debt Outstanding $ -10,073 $ -39,185 $ 637,521 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, December 16, 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) $ 309,164 $ 3,998,729 $ 13,828,747 Premium on New Issues 0 87 87 Discount on New Issues: Bills (-) 0 279 665 Bonds and Notes (-) 0 3 1,992 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 307,939 3,713,008 12,342,292 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 376 1,198 Inflation-Protected Securities Increment -17 -310 -3,625 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,241 $ 285,459 $ 1,483,627 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 319,238 $ 4,037,913 $ 13,191,226 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 (-) 318,172 3,765,718 11,982,217 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,065 $ 272,195 $ 1,208,554 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, December 16, 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 $ 13,600,726 $ 13,600,643 $ 13,588,989 $ 13,123,847 Intragovernmental Holdings 5,187,412 5,197,569 5,238,334 5,026,770 Total Public Debt Outstanding 18,788,138 18,798,212 18,827,323 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 24,671 24,686 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 $ 18,747,945 $ 18,758,004 $ 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 Wednesday, December 16, 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 $ 18,533 $ 114,661 $ 460,636 Individual Income Taxes 130 1,532 7,199 Railroad Retirement Taxes 36 240 1,153 Excise Taxes 18 3,302 15,927 Corporation Income Taxes 849 73,877 89,979 Federal Unemployment Taxes 3 66 743 Estate and Gift Taxes & Misc IRS Rcpts. 1 29 246 Total $ 19,570 $ 193,708 $ 575,884 Cash Federal Tax Deposits: Direct $ 86 $ 1,182 $ 6,596 Through Depositaries 19,476 187,306 548,678 Total Cash FTD's $ 19,563 $ 188,489 $ 555,275 Inter-agency Transfers 7 5,220 20,609 Total $ 19,570 $ 193,708 $ 575,884 ___________________________________________________________________________________________ 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, December 16, 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) $ 42 $ 2,038 $ 9,141 IRS Tax Refunds Business (EFT) 3 619 5,327 IRS Tax Refunds Individual (Checks) 17 1,475 10,751 IRS Tax Refunds Individual (EFT) 128 602 7,863 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.