1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, December 24, 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 $ 269,540 $ 266,131 $ 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 $ 269,540 $ 266,131 $ 253,274 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, December 24, 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) 12 695 2,891 Air Transport Security Fees $ 19 $ 43 $ 661 Cash FTD's Received (Table IV) 8,468 248,924 615,710 Commodity Credit Corporation programs 1 244 589 Customs and Certain Excise Taxes 58 3,295 11,335 Deposits by States: Supplemental Security Income 1 47 655 Unemployment 8 238 6,627 Education Department programs 167 4,083 13,337 Energy Department programs 69 408 2,122 Estate and Gift Taxes 311 1,651 5,446 Federal Reserve Earnings 0 8,141 22,298 Foreign Deposits, Military Sales 7 3,391 8,302 Housing and Urban Development programs 5 245 809 Individual Income and Employment Taxes, Not Withheld 480 8,990 35,444 Interest recd from cash investments 0 0 0 Justice Department programs 6 796 1,922 Postal Service 359 7,547 22,862 Public Debt Cash Issues (Table III-B) 100,379 493,534 1,691,702 Other Deposits: Thrift Savings Plan Transfer 257 995 6,522 Total Other Deposits 257 7,527 30,688 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 110,607 789,796 2,473,399 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 110,607 $ 789,796 $ 2,473,399 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, December 24, 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 $ 172 $ 2,029 $ 10,985 Defense Vendor Payments (EFT) 1,721 24,765 70,202 Education Department programs 327 7,671 31,098 Energy Department programs 173 2,387 7,782 Federal Employees Insurance Payments 1,002 5,513 17,716 Fed. Highway Administration programs 6 2,783 9,814 Federal Salaries (EFT) 782 13,440 40,295 Food and Nutrition Service (misc) 118 2,608 7,568 GSA programs 68 1,399 4,213 Health and Human Services Grants (misc) 398 7,087 22,460 Housing and Urban Development programs 177 5,750 17,720 Interest on Treasury Securities 0 619 49,498 IRS Tax Refunds Business (EFT) 0 881 5,590 IRS Tax Refunds Individual (EFT) 2 721 7,982 Justice Department programs 90 1,299 3,866 Labor Dept. prgms (excl. unemployment) 101 1,101 3,396 Medicaid 2,514 27,082 85,297 Medicare and Other CMS Payments 1,387 27,045 89,471 Medicare Advantage - Part C&D Payments 0 18,907 69,234 Marketplace Payments 0 2,647 8,295 NASA programs 106 2,071 4,843 Postal Service Money Orders and Other 92 2,645 8,999 Public Debt Cash Redemp. (Table III-B) 95,514 472,633 1,408,991 Social Security Benefits (EFT) 1 68,507 203,562 Supple. Nutrition Assist. Program (SNAP) 179 5,424 17,570 Temporary Assistance for Needy Families (HHS) 38 1,202 3,552 Transportation Security Admin. (DHS) 4 145 500 Unemployment Insurance Benefits 79 2,447 6,886 Veterans Affairs programs 160 3,682 12,894 Other Withdrawals: Agency for Internat'l Development 65 1,198 3,552 Federal Aviation Administration 59 567 1,978 Federal Crop Ins. Corp. 52 785 4,518 Federal Transit Admin. 67 1,156 2,727 Interior 75 655 2,068 TARP 304 312 1,031 Thrift Savings Plan Transfer 172 4,532 9,720 Unclassified 1,191 19,176 57,401 Total, Other Withdrawals 1,985 59,039 172,296 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 107,197 773,530 2,402,575 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 107,197 $ 773,530 $ 2,402,575 Net Change in Operating Cash Balance $ 3,410 $ 16,267 $ 70,824 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, December 24, 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 $ 98,999 $ 409,977 $ 1,117,981 Cash Management Series 0 0 95,007 Notes 0 44,998 359,242 Bonds 0 13,000 49,082 Inflation-Protected Securities Increment -17 -443 -3,639 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 3 57 171 Interest Increment 1 389 1,211 Government Account Series 309,774 5,543,732 14,173,016 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 5,717 9,370 Other 1,469 20,177 63,496 Total Issues $ 410,229 $ 6,037,604 $ 15,867,622 (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 $ 93,998 $ 413,994 $ 1,069,029 Notes 0 32,000 255,316 Bonds 0 0 5,585 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 40 832 2,406 Government Account Series 307,100 5,589,414 13,805,913 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 5,666 13,265 Other 1,476 20,140 63,390 Total Redemptions $ 402,614 $ 6,062,046 $ 15,215,359 Net Change in Public Debt Outstanding $ 7,615 $ -24,442 $ 652,263 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, December 24, 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) $ 410,229 $ 6,037,604 $ 15,867,622 Premium on New Issues 0 87 87 Discount on New Issues: Bills (-) 92 476 861 Bonds and Notes (-) 0 3 1,992 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 309,774 5,543,732 14,173,016 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 389 1,211 Inflation-Protected Securities Increment -17 -443 -3,758 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 100,379 $ 493,534 $ 1,691,702 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 402,614 $ 6,062,046 $ 15,215,359 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 (-) 307,100 5,589,414 13,805,913 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 95,514 $ 472,633 $ 1,408,991 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, December 24, 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 $ 13,608,106 $ 13,603,159 $ 13,588,989 $ 13,123,847 Intragovernmental Holdings 5,194,774 5,192,106 5,238,334 5,026,770 Total Public Debt Outstanding 18,802,880 18,795,265 18,827,323 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 24,744 24,667 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 $ 18,762,614 $ 18,755,076 $ 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 24, 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 $ 8,087 $ 171,397 $ 517,372 Individual Income Taxes 141 2,265 7,931 Railroad Retirement Taxes 62 363 1,276 Excise Taxes 303 3,881 16,506 Corporation Income Taxes 77 77,775 93,877 Federal Unemployment Taxes 5 88 764 Estate and Gift Taxes & Misc IRS Rcpts. 1 35 252 Total $ 8,676 $ 255,803 $ 637,978 Cash Federal Tax Deposits: Direct $ 56 $ 1,613 $ 7,027 Through Depositaries 8,412 247,311 608,683 Total Cash FTD's $ 8,468 $ 248,924 $ 615,710 Inter-agency Transfers 208 6,879 22,268 Total $ 8,676 $ 255,803 $ 637,978 ___________________________________________________________________________________________ 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 24, 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) $ 6 $ 2,415 $ 9,518 IRS Tax Refunds Business (EFT) 0 881 5,590 IRS Tax Refunds Individual (Checks) 14 2,138 11,414 IRS Tax Refunds Individual (EFT) 2 721 7,982 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.