1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, January 5, 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 $ 328,907 $ 332,106 $ 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 $ 328,907 $ 332,106 $ 333,447 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, January 5, 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) 45 349 3,729 Air Transport Security Fees $ 1 $ 8 $ 895 Cash FTD's Received (Table IV) 4,884 44,338 708,359 Commodity Credit Corporation programs 1 74 698 Customs and Certain Excise Taxes 74 214 11,886 Deposits by States: Supplemental Security Income 2 6 907 Unemployment 20 33 6,735 Education Department programs 463 686 14,928 Energy Department programs 40 54 2,323 Estate and Gift Taxes 23 60 6,134 Federal Reserve Earnings 0 0 43,428 Foreign Deposits, Military Sales 19 1,501 10,993 Housing and Urban Development programs 27 33 876 Individual Income and Employment Taxes, Not Withheld 2,355 2,905 41,888 Interest recd from cash investments 0 0 0 Justice Department programs 25 53 2,322 Postal Service 496 905 25,059 Public Debt Cash Issues (Table III-B) 1,152 2,249 1,917,312 Other Deposits: Federal Housing Admin: Note Sales 111 154 5,377 Marketplace Receipts 108 202 3,393 Thrift Savings Plan Transfer 837 875 8,408 Total Other Deposits 1,056 1,374 39,410 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 10,681 54,840 2,837,881 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 10,681 $ 54,840 $ 2,837,881 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, January 5, 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 $ 69 $ 135 $ 11,443 Defense Vendor Payments (EFT) 932 1,683 76,155 Education Department programs 1,891 2,664 37,257 Energy Department programs 86 174 8,506 Federal Employees Insurance Payments 240 324 19,053 Fed. Highway Administration programs 150 327 10,747 Federal Salaries (EFT) 764 2,534 46,431 Food and Nutrition Service (misc) 155 202 8,212 GSA programs 24 522 4,924 Health and Human Services Grants (misc) 393 604 24,458 Housing and Urban Development programs 203 2,960 21,291 Interest on Treasury Securities 0 165 56,576 IRS Tax Refunds Business (EFT) 198 198 5,800 IRS Tax Refunds Individual (EFT) 0 70 8,121 Justice Department programs 68 72 4,167 Labor Dept. prgms (excl. unemployment) 32 75 3,682 Medicaid 3,313 3,941 94,018 Medicare and Other CMS Payments 1,527 3,284 100,947 Medicare Advantage - Part C&D Payments 0 21,318 90,551 Marketplace Payments 0 0 8,295 NASA programs 135 135 5,105 Postal Service Money Orders and Other 374 643 10,364 Public Debt Cash Redemp. (Table III-B) 1,137 5,769 1,575,422 Social Security Benefits (EFT) 13 355 227,316 Supple. Nutrition Assist. Program (SNAP) 198 748 19,036 Temporary Assistance for Needy Families (HHS) 32 81 3,845 Transportation Security Admin. (DHS) 9 9 536 Unemployment Insurance Benefits 318 451 8,011 Veterans Affairs programs 142 375 14,481 Other Withdrawals: Agriculture 133 164 3,750 Federal Crop Ins. Corp. 84 111 4,796 Unclassified 1,260 2,232 61,718 Total, Other Withdrawals 1,477 9,564 202,939 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 13,880 59,381 2,707,690 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 13,880 $ 59,381 $ 2,707,690 Net Change in Operating Cash Balance $ -3,199 $ -4,540 $ 130,191 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, January 5, 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 0 478,236 Bonds 0 0 49,082 Inflation-Protected Securities Increment -79 -335 -3,841 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 6 22 215 Interest Increment 1 416 1,634 Government Account Series 314,277 620,119 16,100,830 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 132 197 10,664 Other 1,015 2,030 70,053 Total Issues $ 315,351 $ 622,448 $ 18,021,547 (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 108 184 2,791 Government Account Series 296,701 620,412 15,677,842 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 10 3,562 16,992 Other 1,018 2,023 69,958 Total Redemptions $ 297,838 $ 626,181 $ 17,253,719 Net Change in Public Debt Outstanding $ 17,513 $ -3,733 $ 767,828 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, January 5, 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) $ 315,351 $ 622,448 $ 18,021,547 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 (-) 314,277 620,119 16,100,830 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 416 1,634 Inflation-Protected Securities Increment -79 -335 -4,206 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,152 $ 2,249 $ 1,917,312 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 297,838 $ 626,181 $ 17,253,719 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 (-) 296,701 620,412 15,677,842 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,137 $ 5,769 $ 1,575,422 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, January 5, 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 $ 13,670,584 $ 13,669,501 $ 13,672,522 $ 13,123,847 Intragovernmental Holdings 5,247,862 5,231,432 5,249,657 5,026,770 Total Public Debt Outstanding 18,918,446 18,900,933 18,922,179 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 24,830 24,846 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 $ 18,878,094 $ 18,860,564 $ 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 Tuesday, January 5, 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 $ 4,682 $ 44,928 $ 607,245 Individual Income Taxes 164 933 9,897 Railroad Retirement Taxes 14 37 1,396 Excise Taxes 14 25 19,209 Corporation Income Taxes 47 156 94,819 Federal Unemployment Taxes 8 18 810 Estate and Gift Taxes & Misc IRS Rcpts. 2 4 290 Total $ 4,931 $ 46,101 $ 733,665 Cash Federal Tax Deposits: Direct $ 46 $ 72 $ 8,196 Through Depositaries 4,837 44,266 700,162 Total Cash FTD's $ 4,884 $ 44,338 $ 708,359 Inter-agency Transfers 47 1,763 25,307 Total $ 4,931 $ 46,101 $ 733,665 ___________________________________________________________________________________________ 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, January 5, 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) $ 273 $ 273 $ 10,067 IRS Tax Refunds Business (EFT) 198 198 5,800 IRS Tax Refunds Individual (Checks) 0 167 12,021 IRS Tax Refunds Individual (EFT) 0 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.