1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, December 28, 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 $ 315,258 $ 269,540 $ 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 $ 315,258 $ 269,540 $ 253,274 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, December 28, 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) 39 733 2,929 Air Transport Security Fees $ 6 $ 49 $ 667 Cash FTD's Received (Table IV) 18,362 267,286 634,072 Commodity Credit Corporation programs 6 250 595 Customs and Certain Excise Taxes 89 3,385 11,424 Deposits by States: Supplemental Security Income 12 59 667 Unemployment 13 250 6,640 Education Department programs 179 4,262 13,516 Energy Department programs 90 498 2,212 Estate and Gift Taxes 25 1,676 5,471 Federal Reserve Earnings 19,349 27,490 41,648 Foreign Deposits, Military Sales 891 4,282 9,193 Housing and Urban Development programs 6 251 815 Individual Income and Employment Taxes, Not Withheld 402 9,392 35,847 Interest recd from cash investments 0 0 0 Justice Department programs 109 904 2,030 Postal Service 297 7,844 23,158 Public Debt Cash Issues (Table III-B) 14,038 507,572 1,705,740 Other Deposits: Marketplace Receipts 378 1,426 2,864 Thrift Savings Plan Transfer 344 1,339 6,866 Total Other Deposits 722 8,249 31,410 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 54,634 844,430 2,528,033 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 54,634 $ 844,430 $ 2,528,033 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, December 28, 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 $ 120 $ 2,149 $ 11,104 Defense Vendor Payments (EFT) 1,092 25,856 71,293 Education Department programs 544 8,215 31,642 Energy Department programs 37 2,424 7,819 Federal Employees Insurance Payments 199 5,712 17,916 Fed. Highway Administration programs 360 3,143 10,174 Federal Salaries (EFT) 66 13,505 40,361 Food and Nutrition Service (misc) 210 2,818 7,778 GSA programs 41 1,439 4,253 Health and Human Services Grants (misc) 167 7,255 22,627 Housing and Urban Development programs 153 5,904 17,873 Interest on Treasury Securities -7 611 49,490 IRS Tax Refunds Business (EFT) 0 881 5,590 IRS Tax Refunds Individual (EFT) 2 723 7,984 Justice Department programs 11 1,310 3,876 Labor Dept. prgms (excl. unemployment) 12 1,114 3,408 Medicaid 615 27,698 85,913 Medicare and Other CMS Payments 2,411 29,456 91,881 Medicare Advantage - Part C&D Payments 0 18,907 69,234 Marketplace Payments 0 2,647 8,295 NASA programs 46 2,117 4,889 Postal Service Money Orders and Other 113 2,759 9,113 Public Debt Cash Redemp. (Table III-B) 1,144 473,777 1,410,136 Social Security Benefits (EFT) 1/ -3 68,504 203,559 Supple. Nutrition Assist. Program (SNAP) 402 5,826 17,972 Temporary Assistance for Needy Families (HHS) 4 1,206 3,557 Transportation Security Admin. (DHS) 5 150 505 Unemployment Insurance Benefits 120 2,567 7,006 Veterans Affairs programs 281 3,963 13,175 Other Withdrawals: Agriculture Loan Payments (misc) 79 720 1,946 Export-Import Bank 93 1,822 2,244 Federal Transit Admin. 137 1,293 2,864 Unclassified 464 19,640 57,865 Total, Other Withdrawals 772 59,811 173,068 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 8,916 782,446 2,411,491 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 8,916 $ 782,446 $ 2,411,491 Net Change in Operating Cash Balance $ 45,718 $ 61,984 $ 116,542 1/Reported as a negative amount due to a return/reversal of $5 million. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, December 28, 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 $ -5 $ 409,972 $ 1,117,976 Cash Management Series 0 0 95,007 Notes 13,000 57,999 372,243 Bonds 0 13,000 49,082 Inflation-Protected Securities Increment -67 -510 -3,705 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 7 64 178 Interest Increment 2 391 1,213 Government Account Series 303,785 5,847,516 14,476,801 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 52 5,769 9,422 Other 1,022 21,199 64,518 Total Issues $ 317,797 $ 6,355,400 $ 16,185,419 (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 $ 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 33 865 2,439 Government Account Series 300,842 5,890,255 14,106,755 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 89 5,754 13,354 Other 1,023 21,162 64,412 Total Redemptions $ 301,986 $ 6,364,032 $ 15,517,345 Net Change in Public Debt Outstanding $ 15,811 $ -8,632 $ 668,074 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, December 28, 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) $ 317,797 $ 6,355,400 $ 16,185,419 Premium on New Issues 0 87 87 Discount on New Issues: Bills (-) 0 476 861 Bonds and Notes (-) 39 43 2,031 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 303,785 5,847,516 14,476,801 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 391 1,213 Inflation-Protected Securities Increment -67 -510 -3,824 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 14,038 $ 507,572 $ 1,705,740 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 301,986 $ 6,364,032 $ 15,517,345 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 (-) 300,842 5,890,255 14,106,755 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,144 $ 473,777 $ 1,410,136 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, December 28, 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 $ 13,621,291 $ 13,608,106 $ 13,588,989 $ 13,123,847 Intragovernmental Holdings 5,197,400 5,194,774 5,238,334 5,026,770 Total Public Debt Outstanding 18,818,691 18,802,880 18,827,323 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 24,680 24,744 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 $ 18,778,489 $ 18,762,614 $ 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 Monday, December 28, 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 $ 17,465 $ 188,863 $ 534,837 Individual Income Taxes 290 2,555 8,221 Railroad Retirement Taxes 18 381 1,294 Excise Taxes 509 4,390 17,015 Corporation Income Taxes 80 77,854 93,957 Federal Unemployment Taxes 4 92 769 Estate and Gift Taxes & Misc IRS Rcpts. 0 35 253 Total $ 18,367 $ 274,170 $ 656,345 Cash Federal Tax Deposits: Direct $ 58 $ 1,671 $ 7,085 Through Depositaries 18,303 265,615 626,987 Total Cash FTD's $ 18,362 $ 267,286 $ 634,072 Inter-agency Transfers 5 6,884 22,273 Total $ 18,367 $ 274,170 $ 656,345 ___________________________________________________________________________________________ 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 Monday, December 28, 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) $ 0 $ 2,415 $ 9,518 IRS Tax Refunds Business (EFT) 0 881 5,590 IRS Tax Refunds Individual (Checks) 414 2,551 11,827 IRS Tax Refunds Individual (EFT) 2 723 7,984 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.