1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, January 6, 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 $ 337,737 $ 328,907 $ 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 $ 337,737 $ 328,907 $ 333,447 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, January 6, 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) 80 429 3,809 Air Transport Security Fees $ 1 $ 9 $ 895 Cash FTD's Received (Table IV) 12,215 56,553 720,573 Commodity Credit Corporation programs 1 75 699 Customs and Certain Excise Taxes 74 288 11,960 Deposits by States: Supplemental Security Income 3 8 910 Unemployment 18 52 6,753 Education Department programs 238 924 15,166 Energy Department programs 9 62 2,332 Estate and Gift Taxes 84 144 6,217 Federal Reserve Earnings 1,877 1,877 45,306 Foreign Deposits, Military Sales 39 1,540 11,032 Housing and Urban Development programs 32 65 908 Individual Income and Employment Taxes, Not Withheld 3,177 6,082 45,065 Interest recd from cash investments 0 0 0 Justice Department programs 27 80 2,349 Postal Service 378 1,283 25,437 Public Debt Cash Issues (Table III-B) 1,212 3,461 1,918,524 Other Deposits: Federal Housing Admin: Note Sales 306 461 5,684 Marketplace Receipts 103 305 3,496 Total Other Deposits 410 1,783 39,819 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 19,874 74,715 2,857,755 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 19,874 $ 74,715 $ 2,857,755 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, January 6, 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 $ 158 $ 293 $ 11,600 Defense Vendor Payments (EFT) 841 2,525 76,997 Education Department programs 2,448 5,112 39,704 Energy Department programs 79 252 8,585 Federal Employees Insurance Payments 275 599 19,328 Fed. Highway Administration programs 63 390 10,811 Federal Salaries (EFT) 135 2,669 46,566 Food and Nutrition Service (misc) 123 325 8,335 GSA programs 26 547 4,950 Health and Human Services Grants (misc) 286 889 24,743 Housing and Urban Development programs 209 3,169 21,501 Interest on Treasury Securities 0 165 56,576 IRS Tax Refunds Business (EFT) 0 198 5,800 IRS Tax Refunds Individual (EFT) 0 70 8,121 Justice Department programs 88 160 4,255 Labor Dept. prgms (excl. unemployment) 25 100 3,707 Medicaid 998 4,939 95,016 Medicare and Other CMS Payments 1,857 5,141 102,804 Medicare Advantage - Part C&D Payments 0 21,318 90,551 Marketplace Payments 0 0 8,295 NASA programs 88 223 5,193 Postal Service Money Orders and Other 273 916 10,637 Public Debt Cash Redemp. (Table III-B) 1,127 6,897 1,576,549 Social Security Benefits (EFT) 24 373 227,334 Supple. Nutrition Assist. Program (SNAP) 242 990 19,278 Temporary Assistance for Needy Families (HHS) 36 117 3,881 Transportation Security Admin. (DHS) 3 12 539 Unemployment Insurance Benefits 209 660 8,220 Veterans Affairs programs 141 516 14,623 Other Withdrawals: Agriculture Loan Payments (misc) 68 105 2,091 Federal Crop Ins. Corp. 100 212 4,896 Thrift Savings Plan Transfer 534 662 10,445 Unclassified 588 2,826 62,313 Total, Other Withdrawals 1,291 10,860 204,235 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 11,044 70,425 2,718,734 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 11,044 $ 70,425 $ 2,718,734 Net Change in Operating Cash Balance $ 8,830 $ 4,290 $ 139,021 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, January 6, 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 -80 -415 -3,921 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 5 27 220 Interest Increment 2 418 1,636 Government Account Series 297,030 917,148 16,397,860 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 197 393 10,861 Other 1,011 3,041 71,064 Total Issues $ 298,164 $ 920,611 $ 18,319,711 (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 72 256 2,863 Government Account Series 297,102 917,514 15,974,944 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 40 3,602 17,031 Other 1,016 3,039 70,974 Total Redemptions $ 298,229 $ 924,410 $ 17,551,948 Net Change in Public Debt Outstanding $ -65 $ -3,799 $ 767,763 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, January 6, 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) $ 298,164 $ 920,611 $ 18,319,711 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 (-) 297,030 917,148 16,397,860 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 418 1,636 Inflation-Protected Securities Increment -80 -415 -4,286 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,212 $ 3,461 $ 1,918,524 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 298,229 $ 924,410 $ 17,551,948 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 (-) 297,102 917,514 15,974,944 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,127 $ 6,897 $ 1,576,549 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, January 6, 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 $ 13,670,032 $ 13,670,584 $ 13,672,522 $ 13,123,847 Intragovernmental Holdings 5,248,349 5,247,862 5,249,657 5,026,770 Total Public Debt Outstanding 18,918,380 18,918,446 18,922,179 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 24,813 24,830 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 $ 18,878,045 $ 18,878,094 $ 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 Wednesday, January 6, 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 $ 11,957 $ 56,885 $ 619,202 Individual Income Taxes 154 1,086 10,051 Railroad Retirement Taxes 12 49 1,408 Excise Taxes 16 41 19,225 Corporation Income Taxes 79 235 94,897 Federal Unemployment Taxes 16 33 825 Estate and Gift Taxes & Misc IRS Rcpts. 5 9 295 Total $ 12,238 $ 58,339 $ 745,903 Cash Federal Tax Deposits: Direct $ 51 $ 123 $ 8,248 Through Depositaries 12,163 56,430 712,326 Total Cash FTD's $ 12,215 $ 56,553 $ 720,573 Inter-agency Transfers 23 1,786 25,330 Total $ 12,238 $ 58,339 $ 745,903 ___________________________________________________________________________________________ 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 Wednesday, January 6, 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 $ 273 $ 10,068 IRS Tax Refunds Business (EFT) 0 198 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.