1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, December 29, 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 $ 315,002 $ 315,258 $ 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 $ 315,002 $ 315,258 $ 253,274 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, December 29, 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) 42 775 2,971 Air Transport Security Fees $ 3 $ 52 $ 670 Cash FTD's Received (Table IV) 5,836 273,121 639,907 Commodity Credit Corporation programs 9 259 604 Customs and Certain Excise Taxes 106 3,490 11,530 Deposits by States: Supplemental Security Income 3 62 670 Unemployment 21 271 6,660 Education Department programs 443 4,705 13,959 Energy Department programs 23 521 2,235 Estate and Gift Taxes 62 1,738 5,533 Federal Reserve Earnings 0 27,490 41,648 Foreign Deposits, Military Sales 45 4,326 9,238 Housing and Urban Development programs 4 255 820 Individual Income and Employment Taxes, Not Withheld 773 10,165 36,620 Interest recd from cash investments 0 0 0 Justice Department programs 176 1,080 2,206 Postal Service 355 8,198 23,513 Public Debt Cash Issues (Table III-B) 1,585 509,156 1,707,324 Other Deposits: Marketplace Receipts 144 1,570 3,007 Thrift Savings Plan Transfer 251 1,591 7,117 Total Other Deposits 395 8,644 31,805 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 9,880 854,310 2,537,913 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 9,880 $ 854,310 $ 2,537,913 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, December 29, 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 $ 63 $ 2,212 $ 11,167 Defense Vendor Payments (EFT) 1,172 27,028 72,465 Education Department programs 753 8,968 32,395 Energy Department programs 99 2,524 7,918 Federal Employees Insurance Payments 252 5,964 18,168 Fed. Highway Administration programs 171 3,314 10,345 Federal Salaries (EFT) 74 13,580 40,435 Food and Nutrition Service (misc) 67 2,885 7,845 GSA programs 75 1,515 4,329 Health and Human Services Grants (misc) 484 7,739 23,112 Housing and Urban Development programs 166 6,069 18,039 Interest on Treasury Securities 0 611 49,491 IRS Tax Refunds Business (EFT) 13 894 5,602 IRS Tax Refunds Individual (EFT) 3 725 7,987 Justice Department programs 176 1,485 4,052 Labor Dept. prgms (excl. unemployment) 76 1,190 3,484 Medicaid 1,889 29,587 87,802 Medicare and Other CMS Payments 2,013 31,469 93,894 Medicare Advantage - Part C&D Payments 0 18,907 69,234 Marketplace Payments 0 2,647 8,295 NASA programs 81 2,199 4,970 Postal Service Money Orders and Other 83 2,842 9,195 Public Debt Cash Redemp. (Table III-B) 1,086 474,862 1,411,221 Social Security Benefits (EFT) 0 68,504 203,559 Supple. Nutrition Assist. Program (SNAP) 125 5,951 18,097 Temporary Assistance for Needy Families (HHS) 34 1,240 3,591 Transportation Security Admin. (DHS) 18 168 523 Unemployment Insurance Benefits 254 2,821 7,260 Veterans Affairs programs 145 4,108 13,320 Other Withdrawals: HHS: Indian Health Service 55 151 699 Unclassified 708 20,348 58,574 Total, Other Withdrawals 763 60,574 173,831 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 10,136 792,582 2,421,627 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 10,136 $ 792,582 $ 2,421,627 Net Change in Operating Cash Balance $ -256 $ 61,728 $ 116,286 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, December 29, 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 $ -1 $ 409,971 $ 1,117,976 Cash Management Series 0 0 95,007 Notes -5 57,994 372,238 Bonds 0 13,000 49,082 Inflation-Protected Securities Increment -18 -528 -3,723 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 4 69 182 Interest Increment 1 392 1,214 Government Account Series 307,808 6,155,324 14,784,608 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 564 6,334 9,987 Other 1,021 22,220 65,539 Total Issues $ 309,376 $ 6,664,776 $ 16,494,794 (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 52 917 2,491 Government Account Series 302,875 6,193,130 14,409,629 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 6 5,760 13,360 Other 1,028 22,190 65,440 Total Redemptions $ 303,960 $ 6,667,992 $ 15,821,305 Net Change in Public Debt Outstanding $ 5,416 $ -3,216 $ 673,489 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, December 29, 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) $ 309,376 $ 6,664,776 $ 16,494,794 Premium on New Issues 0 87 87 Discount on New Issues: Bills (-) 0 476 861 Bonds and Notes (-) 0 43 2,031 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 307,808 6,155,324 14,784,608 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 392 1,214 Inflation-Protected Securities Increment -18 -527 -3,842 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,585 $ 509,156 $ 1,707,324 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 303,960 $ 6,667,992 $ 15,821,305 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 (-) 302,875 6,193,130 14,409,629 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,086 $ 474,862 $ 1,411,221 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, December 29, 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 $ 13,621,995 $ 13,621,291 $ 13,588,989 $ 13,123,847 Intragovernmental Holdings 5,202,112 5,197,400 5,238,334 5,026,770 Total Public Debt Outstanding 18,824,107 18,818,691 18,827,323 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 24,664 24,680 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 $ 18,783,921 $ 18,778,489 $ 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 29, 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 $ 3,515 $ 192,377 $ 538,352 Individual Income Taxes 173 2,728 8,394 Railroad Retirement Taxes 3 384 1,297 Excise Taxes 2,102 6,492 19,117 Corporation Income Taxes 69 77,923 94,025 Federal Unemployment Taxes 3 95 772 Estate and Gift Taxes & Misc IRS Rcpts. 28 63 281 Total $ 5,893 $ 280,062 $ 662,238 Cash Federal Tax Deposits: Direct $ 945 $ 2,616 $ 8,030 Through Depositaries 4,891 270,506 631,878 Total Cash FTD's $ 5,836 $ 273,121 $ 639,907 Inter-agency Transfers 57 6,941 22,330 Total $ 5,893 $ 280,062 $ 662,238 ___________________________________________________________________________________________ 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 29, 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) $ 277 $ 2,692 $ 9,795 IRS Tax Refunds Business (EFT) 13 894 5,602 IRS Tax Refunds Individual (Checks) 7 2,559 11,835 IRS Tax Refunds Individual (EFT) 3 725 7,987 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.