1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, December 18, 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 $ 265,246 $ 263,075 $ 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 $ 265,246 $ 263,075 $ 253,274 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, December 18, 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) 11 449 2,645 Air Transport Security Fees $ 1 $ 20 $ 638 Cash FTD's Received (Table IV) 13,349 205,778 572,564 Commodity Credit Corporation programs 4 223 568 Customs and Certain Excise Taxes 95 1,075 9,114 Deposits by States: Supplemental Security Income 2 38 646 Unemployment 13 199 6,588 Education Department programs 126 3,106 12,360 Energy Department programs 3 214 1,928 Estate and Gift Taxes 62 1,039 4,835 Federal Reserve Earnings 0 6,271 20,429 Foreign Deposits, Military Sales 215 3,116 8,028 Housing and Urban Development programs 10 145 710 Individual Income and Employment Taxes, Not Withheld 331 5,754 32,208 Interest recd from cash investments 0 0 0 Justice Department programs 219 684 1,810 Postal Service 388 5,822 21,136 Public Debt Cash Issues (Table III-B) 1,137 388,392 1,586,560 Other Deposits: Federal Housing Admin: Note Sales 58 1,397 4,820 Marketplace Receipts 69 791 2,229 Medicare Premiums 206 1,022 5,601 Securities and Exchange Commission 288 341 602 Thrift Savings Plan Transfer 105 719 6,246 Total Other Deposits 725 5,221 28,382 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 16,691 627,545 2,311,148 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 16,691 $ 627,545 $ 2,311,148 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, December 18, 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 $ 22 $ 1,392 $ 10,347 Defense Vendor Payments (EFT) 2,015 18,324 63,761 Education Department programs 415 6,274 29,701 Energy Department programs 171 1,841 7,235 Federal Employees Insurance Payments 181 3,805 16,008 Fed. Highway Administration programs 170 2,288 9,318 Federal Salaries (EFT) 4,756 12,033 38,888 Food and Nutrition Service (misc) 138 2,067 7,027 GSA programs 28 1,153 3,967 Health and Human Services Grants (misc) 339 5,420 20,793 Housing and Urban Development programs 230 5,012 16,981 Interest on Treasury Securities 0 618 49,498 IRS Tax Refunds Business (EFT) 1/ 53 687 5,395 IRS Tax Refunds Individual (EFT) 1/ 0 606 7,868 Justice Department programs 88 1,010 3,576 Labor Dept. prgms (excl. unemployment) 49 829 3,124 Medicaid 661 22,079 80,295 Medicare and Other CMS Payments 1,552 19,380 81,805 Medicare Advantage - Part C&D Payments 0 18,907 69,234 Marketplace Payments 0 0 5,648 NASA programs 229 1,688 4,459 Postal Service Money Orders and Other 136 2,112 8,466 Public Debt Cash Redemp. (Table III-B) 1,115 373,877 1,310,236 Social Security Benefits (EFT) 44 53,718 188,774 Supple. Nutrition Assist. Program (SNAP) 201 4,291 16,437 Temporary Assistance for Needy Families (HHS) 27 725 3,076 Transportation Security Admin. (DHS) 14 106 462 Unemployment Insurance Benefits 59 1,844 6,283 Veterans Affairs programs 192 2,989 12,201 Other Withdrawals: Agriculture 60 833 3,120 Federal Transit Admin. 87 930 2,501 State Department 64 532 2,648 Thrift Savings Plan Transfer 312 3,418 8,607 Unclassified 1,110 14,506 52,732 Total, Other Withdrawals 1,634 50,498 163,756 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 14,520 615,573 2,244,618 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 14,520 $ 615,573 $ 2,244,618 Net Change in Operating Cash Balance $ 2,171 $ 11,972 $ 66,530 1/IRS Tax Refunds Business (Checks and EFT) and IRS Tax Refunds Individual (Checks and EFT) do not reflect an accurate breakdown for today. Updated information will be provided as available. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, December 18, 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 $ 310,978 $ 1,018,982 Cash Management Series 0 0 95,007 Notes 0 44,998 359,242 Bonds 0 13,000 49,082 Inflation-Protected Securities Increment -17 -344 -3,540 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 3 41 155 Interest Increment 3 382 1,203 Government Account Series 300,998 4,321,878 12,951,162 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 101 4,059 7,712 Other 1,032 15,615 58,934 Total Issues $ 302,120 $ 4,710,608 $ 14,540,626 (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 $ 319,996 $ 975,030 Notes 0 32,000 255,316 Bonds 0 0 5,585 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 41 648 2,222 Government Account Series 302,251 4,369,019 12,585,518 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 42 5,666 13,265 Other 1,032 15,568 58,818 Total Redemptions $ 303,366 $ 4,742,897 $ 13,896,210 Net Change in Public Debt Outstanding $ -1,246 $ -32,289 $ 644,416 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, December 18, 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) $ 302,120 $ 4,710,608 $ 14,540,626 Premium on New Issues 0 87 87 Discount on New Issues: Bills (-) 0 383 769 Bonds and Notes (-) 0 3 1,992 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 300,998 4,321,878 12,951,162 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 382 1,203 Inflation-Protected Securities Increment -17 -344 -3,659 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,137 $ 388,392 $ 1,586,560 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 303,366 $ 4,742,897 $ 13,896,210 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 (-) 302,251 4,369,019 12,585,518 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,115 $ 373,877 $ 1,310,236 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, December 18, 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 $ 13,602,301 $ 13,602,387 $ 13,588,989 $ 13,123,847 Intragovernmental Holdings 5,192,733 5,193,893 5,238,334 5,026,770 Total Public Debt Outstanding 18,795,034 18,796,280 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 $ 18,754,767 $ 18,755,997 $ 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 18, 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 $ 11,776 $ 130,165 $ 476,140 Individual Income Taxes 114 1,748 7,415 Railroad Retirement Taxes 10 251 1,164 Excise Taxes 37 3,351 15,976 Corporation Income Taxes 2,155 76,180 92,282 Federal Unemployment Taxes 3 70 747 Estate and Gift Taxes & Misc IRS Rcpts. 0 31 248 Total $ 14,095 $ 211,796 $ 593,972 Cash Federal Tax Deposits: Direct $ 34 $ 1,267 $ 6,681 Through Depositaries 13,315 204,510 565,882 Total Cash FTD's $ 13,349 $ 205,778 $ 572,564 Inter-agency Transfers 747 6,019 21,408 Total $ 14,095 $ 211,796 $ 593,972 ___________________________________________________________________________________________ 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 18, 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) $ 1/ 0 $ 2,047 $ 9,150 IRS Tax Refunds Business (EFT) 1/ 53 687 5,395 IRS Tax Refunds Individual (Checks) 1/ 0 1,492 10,768 IRS Tax Refunds Individual (EFT) 1/ 0 606 7,868 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.