1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, January 4, 2016 (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 $ 332,106 $ 333,447 $ 333,447 $ 198,716 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 332,106 $ 333,447 $ 333,447 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, January 4, 2016 (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) 305 305 3,685 Air Transport Security Fees $ 7 $ 7 $ 894 Cash FTD's Received (Table IV) 39,459 39,454 703,475 Commodity Credit Corporation programs 74 74 698 Customs and Certain Excise Taxes 139 139 11,812 Deposits by States: Supplemental Security Income 4 4 905 Unemployment 14 14 6,715 Education Department programs 223 223 14,465 Energy Department programs 14 14 2,283 Estate and Gift Taxes 37 37 6,111 Federal Reserve Earnings 0 0 43,428 Foreign Deposits, Military Sales 1,482 1,482 10,974 Housing and Urban Development programs 6 6 849 Individual Income and Employment Taxes, Not Withheld 550 550 39,533 Interest recd from cash investments 0 0 0 Justice Department programs 27 27 2,296 Postal Service 409 409 24,563 Public Debt Cash Issues (Table III-B) 1,097 1,097 1,916,160 Other Deposits: Agency for Internat'l Development 77 77 203 Defense Finance & Accounting Service 58 58 1,851 Marketplace Receipts 94 94 3,285 Medicare Premiums 89 89 7,200 Total Other Deposits 318 318 38,354 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 44,164 44,159 2,827,200 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 44,164 $ 44,159 $ 2,827,200 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, January 4, 2016 (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 $ 66 $ 66 $ 11,374 Defense Vendor Payments (EFT) 751 751 75,223 Education Department programs 773 773 35,365 Energy Department programs 88 88 8,420 Federal Employees Insurance Payments 84 84 18,813 Fed. Highway Administration programs 177 177 10,598 Federal Salaries (EFT) 1,769 1,769 45,667 Food and Nutrition Service (misc) 46 46 8,057 GSA programs 497 497 4,900 Health and Human Services Grants (misc) 211 211 24,065 Housing and Urban Development programs 2,757 2,757 21,088 Interest on Treasury Securities 165 165 56,576 IRS Tax Refunds Business (EFT) 0 0 5,602 IRS Tax Refunds Individual (EFT) 70 70 8,121 Justice Department programs 4 4 4,099 Labor Dept. prgms (excl. unemployment) 43 43 3,650 Medicaid 629 629 90,705 Medicare and Other CMS Payments 1,757 1,757 99,420 Medicare Advantage - Part C&D Payments 21,318 21,318 90,551 Marketplace Payments 0 0 8,295 NASA programs 0 0 4,970 Postal Service Money Orders and Other 269 269 9,990 Public Debt Cash Redemp. (Table III-B) 4,633 4,633 1,574,285 Social Security Benefits (EFT) 347 347 227,308 Supple. Nutrition Assist. Program (SNAP) 550 550 18,838 Temporary Assistance for Needy Families (HHS) 50 50 3,813 Transportation Security Admin. (DHS) 0 0 527 Unemployment Insurance Benefits 134 134 7,693 Veterans Affairs programs 233 233 14,339 Other Withdrawals: Centers for Disease Control 123 123 1,280 Civil Service Retirement (EFT) 5,378 5,378 21,647 Interior 63 63 2,256 Military Retirement (EFT) 328 328 17,126 Railroad Retirement (EFT) 1,053 1,053 4,259 Supple. Security Income Benefits (EFT) 69 69 17,651 Thrift Savings Plan Transfer 101 101 9,884 Unclassified 971 971 60,453 Total, Other Withdrawals 8,086 8,086 201,456 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 45,506 45,506 2,693,810 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 45,506 $ 45,506 $ 2,693,810 Net Change in Operating Cash Balance $ -1,341 $ -1,341 $ 133,390 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, January 4, 2016 (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 $ 0 $ 1,216,981 Cash Management Series 0 0 95,007 Notes 0 0 478,237 Bonds 0 0 49,082 Inflation-Protected Securities Increment -255 -255 -3,761 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 17 17 209 Interest Increment 414 414 1,633 Government Account Series 305,841 305,841 15,786,553 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 65 65 10,532 Other 1,015 1,015 69,038 Total Issues $ 307,097 $ 307,097 $ 17,706,196 (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 $ 0 $ 1,156,028 Notes 0 0 324,068 Bonds 0 0 5,585 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 76 76 2,683 Government Account Series 323,711 323,711 15,381,141 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 3,553 3,553 16,982 Other 1,004 1,004 68,939 Total Redemptions $ 328,343 $ 328,343 $ 16,955,881 Net Change in Public Debt Outstanding $ -21,246 $ -21,246 $ 750,315 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, January 4, 2016 (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) $ 307,097 $ 307,097 $ 17,706,196 Premium on New Issues 0 0 87 Discount on New Issues: Bills (-) 0 0 958 Bonds and Notes (-) 0 0 2,421 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 305,841 305,841 15,786,553 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 414 414 1,633 Inflation-Protected Securities Increment -255 -255 -4,127 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,097 $ 1,097 $ 1,916,160 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 328,343 $ 328,343 $ 16,955,881 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 (-) 323,711 323,711 15,381,141 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 4,633 $ 4,633 $ 1,574,285 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, January 4, 2016 (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 $ 13,669,501 $ 13,672,522 $ 13,672,522 $ 13,123,847 Intragovernmental Holdings 5,231,432 5,249,657 5,249,657 5,026,770 Total Public Debt Outstanding 18,900,933 18,922,179 18,922,179 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 24,846 24,912 24,912 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 $ 18,860,564 $ 18,881,744 $ 18,881,744 $ 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, January 4, 2016 (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 $ 40,248 $ 40,246 $ 602,563 Individual Income Taxes 768 768 9,733 Railroad Retirement Taxes 24 24 1,383 Excise Taxes 14 11 19,196 Corporation Income Taxes 110 109 94,771 Federal Unemployment Taxes 10 10 802 Estate and Gift Taxes & Misc IRS Rcpts. 2 2 287 Total $ 41,175 $ 41,170 $ 728,735 Cash Federal Tax Deposits: Direct $ 31 $ 25 $ 8,150 Through Depositaries 39,429 39,429 695,325 Total Cash FTD's $ 39,459 $ 39,454 $ 703,475 Inter-agency Transfers 1,716 1,716 25,260 Total $ 41,175 $ 41,170 $ 728,735 ___________________________________________________________________________________________ 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, January 4, 2016 (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 $ 0 $ 9,795 IRS Tax Refunds Business (EFT) 0 0 5,602 IRS Tax Refunds Individual (Checks) 167 167 12,021 IRS Tax Refunds Individual (EFT) 70 70 8,121 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.