1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, January 7, 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 $ 298,303 $ 337,737 $ 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 $ 298,303 $ 337,737 $ 333,447 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, January 7, 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) 12 441 3,822 Air Transport Security Fees $ 2 $ 11 $ 897 Cash FTD's Received (Table IV) 2,724 59,277 723,298 Commodity Credit Corporation programs 1 76 700 Customs and Certain Excise Taxes 46 333 12,006 Deposits by States: Supplemental Security Income 3 11 912 Unemployment 22 74 6,775 Education Department programs 190 1,114 15,356 Energy Department programs 2 65 2,334 Estate and Gift Taxes 130 274 6,347 Federal Reserve Earnings 0 1,877 45,306 Foreign Deposits, Military Sales 249 1,790 11,281 Housing and Urban Development programs 5 69 912 Individual Income and Employment Taxes, Not Withheld 1,260 7,341 46,325 Interest recd from cash investments 0 0 0 Justice Department programs 113 194 2,463 Postal Service 390 1,673 25,827 Public Debt Cash Issues (Table III-B) 116,486 119,947 2,035,010 Other Deposits: Federal Housing Admin: Note Sales 299 759 5,982 Marketplace Receipts 94 399 3,590 Total Other Deposits 393 2,176 40,212 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 122,027 196,742 2,979,783 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 122,027 $ 196,742 $ 2,979,783 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, January 7, 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 $ 109 $ 402 $ 11,710 Defense Vendor Payments (EFT) 696 3,221 77,693 Education Department programs 1,856 6,968 41,560 Energy Department programs 97 349 8,682 Federal Employees Insurance Payments 255 854 19,583 Fed. Highway Administration programs 324 713 11,134 Federal Salaries (EFT) 719 3,388 47,285 Food and Nutrition Service (misc) 70 395 8,405 GSA programs 60 607 5,010 Health and Human Services Grants (misc) 388 1,277 25,131 Housing and Urban Development programs 177 3,346 21,678 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 43 203 4,298 Labor Dept. prgms (excl. unemployment) 65 165 3,773 Medicaid 2,159 7,098 97,175 Medicare and Other CMS Payments 1,005 6,146 103,809 Medicare Advantage - Part C&D Payments 0 21,318 90,551 Marketplace Payments 0 0 8,295 NASA programs 46 269 5,239 Postal Service Money Orders and Other 65 981 10,702 Public Debt Cash Redemp. (Table III-B) 151,640 158,537 1,728,190 Social Security Benefits (EFT) 43 416 227,377 Supple. Nutrition Assist. Program (SNAP) 261 1,251 19,539 Temporary Assistance for Needy Families (HHS) 23 140 3,904 Transportation Security Admin. (DHS) 3 15 542 Unemployment Insurance Benefits 97 757 8,317 Veterans Affairs programs 212 729 14,835 Other Withdrawals: Federal Crop Ins. Corp. 59 271 4,955 Veterans Benefits (EFT) 52 82 24,827 Unclassified 934 3,760 63,247 Total, Other Withdrawals 1,045 11,906 205,280 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 161,461 231,885 2,880,195 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 161,461 $ 231,885 $ 2,880,195 Net Change in Operating Cash Balance $ -39,434 $ -35,144 $ 99,587 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, January 7, 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 $ 115,001 $ 115,001 $ 1,331,982 Cash Management Series 0 0 95,007 Notes 0 0 478,236 Bonds 0 0 49,082 Inflation-Protected Securities Increment -80 -495 -4,001 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 4 31 224 Interest Increment 1 419 1,637 Government Account Series 304,909 1,222,057 16,702,769 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 137 531 10,998 Other 1,540 4,581 72,604 Total Issues $ 421,513 $ 1,342,124 $ 18,741,224 (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 $ 150,003 $ 150,003 $ 1,306,031 Notes 0 0 324,068 Bonds 0 0 5,585 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 58 314 2,921 Government Account Series 300,376 1,217,890 16,275,320 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 25 3,627 17,056 Other 1,554 4,593 72,528 Total Redemptions $ 452,016 $ 1,376,427 $ 18,003,964 Net Change in Public Debt Outstanding $ -30,503 $ -34,302 $ 737,259 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, January 7, 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) $ 421,513 $ 1,342,124 $ 18,741,224 Premium on New Issues 0 0 87 Discount on New Issues: Bills (-) 196 196 1,154 Bonds and Notes (-) 0 0 2,421 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 304,909 1,222,057 16,702,769 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 419 1,637 Inflation-Protected Securities Increment -80 -495 -4,366 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 116,486 $ 119,947 $ 2,035,010 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 452,016 $ 1,376,427 $ 18,003,964 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 (-) 300,376 1,217,890 16,275,320 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 151,640 $ 158,537 $ 1,728,190 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, January 7, 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 $ 13,634,967 $ 13,670,032 $ 13,672,522 $ 13,123,847 Intragovernmental Holdings 5,252,910 5,248,349 5,249,657 5,026,770 Total Public Debt Outstanding 18,887,877 18,918,380 18,922,179 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 24,993 24,813 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 $ 18,847,362 $ 18,878,045 $ 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 Thursday, January 7, 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 $ 3,779 $ 60,664 $ 622,981 Individual Income Taxes 162 1,249 10,213 Railroad Retirement Taxes 3 52 1,411 Excise Taxes 22 63 19,247 Corporation Income Taxes 32 267 94,930 Federal Unemployment Taxes 10 43 835 Estate and Gift Taxes & Misc IRS Rcpts. 2 11 296 Total $ 4,010 $ 62,348 $ 749,913 Cash Federal Tax Deposits: Direct $ 40 $ 163 $ 8,288 Through Depositaries 2,684 59,114 715,010 Total Cash FTD's $ 2,724 $ 59,277 $ 723,298 Inter-agency Transfers 1,286 3,072 26,616 Total $ 4,010 $ 62,348 $ 749,913 ___________________________________________________________________________________________ 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 Thursday, January 7, 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) $ 2 $ 275 $ 10,070 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.