1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, January 11, 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 $ 309,821 $ 300,850 $ 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 $ 309,821 $ 300,850 $ 333,447 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, January 11, 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) 22 519 3,900 Air Transport Security Fees $ 1 $ 12 $ 899 Cash FTD's Received (Table IV) 14,279 80,710 744,731 Commodity Credit Corporation programs 4 85 709 Customs and Certain Excise Taxes 65 470 12,142 Deposits by States: Supplemental Security Income 3 15 917 Unemployment 28 123 6,824 Education Department programs 272 1,552 15,794 Energy Department programs 11 83 2,352 Estate and Gift Taxes 72 494 6,568 Federal Reserve Earnings 0 1,877 45,306 Foreign Deposits, Military Sales 2 1,887 11,378 Housing and Urban Development programs 9 106 949 Individual Income and Employment Taxes, Not Withheld 1,845 10,161 49,144 Interest recd from cash investments 0 0 0 Justice Department programs 206 406 2,675 Postal Service 415 2,446 26,600 Public Debt Cash Issues (Table III-B) 990 121,932 2,036,996 Other Deposits: Defense Finance & Accounting Service 52 187 1,980 Federal Housing Admin: Note Sales 82 1,191 6,414 Marketplace Receipts 295 977 4,168 Total Other Deposits 428 3,811 41,847 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 18,652 226,688 3,009,729 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 18,652 $ 226,688 $ 3,009,729 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, January 11, 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 $ 83 $ 587 $ 11,895 Defense Vendor Payments (EFT) 1,134 5,388 79,860 Education Department programs 1,198 9,841 44,433 Energy Department programs 67 557 8,890 Federal Employees Insurance Payments 687 1,969 20,697 Fed. Highway Administration programs 103 895 11,316 Federal Salaries (EFT) 55 3,484 47,381 Food and Nutrition Service (misc) 130 583 8,593 GSA programs 32 672 5,075 Health and Human Services Grants (misc) 312 1,897 25,752 Housing and Urban Development programs 173 3,690 22,021 Interest on Treasury Securities 0 165 56,576 IRS Tax Refunds Business (EFT) 33 234 5,836 IRS Tax Refunds Individual (EFT) 0 70 8,121 Justice Department programs 37 284 4,380 Labor Dept. prgms (excl. unemployment) 36 349 3,956 Medicaid 703 8,724 98,801 Medicare and Other CMS Payments 829 7,745 105,408 Medicare Advantage - Part C&D Payments 0 21,318 90,551 Marketplace Payments 0 0 8,295 NASA programs 49 359 5,329 Postal Service Money Orders and Other 171 1,304 11,025 Public Debt Cash Redemp. (Table III-B) 1,063 160,665 1,730,318 Social Security Benefits (EFT) 44 509 227,470 Supple. Nutrition Assist. Program (SNAP) 811 2,334 20,623 Temporary Assistance for Needy Families (HHS) 24 221 3,984 Transportation Security Admin. (DHS) 4 34 561 Unemployment Insurance Benefits 148 975 8,535 Veterans Affairs programs 173 1,109 15,216 Other Withdrawals: Centers for Disease Control 52 211 1,368 Thrift Savings Plan Transfer 268 1,009 10,792 Unclassified 1,261 5,835 65,321 Total, Other Withdrawals 1,581 14,355 207,729 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 9,681 250,314 2,898,624 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 9,681 $ 250,314 $ 2,898,624 Net Change in Operating Cash Balance $ 8,971 $ -23,626 $ 111,105 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, January 11, 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 $ -8 $ 114,993 $ 1,331,975 Cash Management Series 0 0 95,007 Notes 0 0 478,236 Bonds 0 0 49,082 Inflation-Protected Securities Increment -237 -812 -4,318 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 8 43 236 Interest Increment 4 424 1,643 Government Account Series 298,546 1,816,830 17,297,541 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 1 531 10,999 Other 989 6,561 74,584 Total Issues $ 299,302 $ 1,938,571 $ 19,337,670 (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 $ 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 71 446 3,053 Government Account Series 295,010 1,808,215 16,865,645 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 2 3,640 17,069 Other 990 6,577 74,512 Total Redemptions $ 296,073 $ 1,968,880 $ 18,596,418 Net Change in Public Debt Outstanding $ 3,230 $ -30,309 $ 741,252 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, January 11, 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) $ 299,302 $ 1,938,571 $ 19,337,670 Premium on New Issues 0 0 87 Discount on New Issues: Bills (-) 0 196 1,154 Bonds and Notes (-) 0 0 2,421 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 298,546 1,816,830 17,297,541 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 4 424 1,643 Inflation-Protected Securities Increment -237 -812 -4,683 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 990 $ 121,932 $ 2,036,996 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 296,073 $ 1,968,880 $ 18,596,418 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 (-) 295,010 1,808,215 16,865,645 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,063 $ 160,665 $ 1,730,318 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, January 11, 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 $ 13,634,547 $ 13,635,121 $ 13,672,522 $ 13,123,847 Intragovernmental Holdings 5,257,322 5,253,519 5,249,657 5,026,770 Total Public Debt Outstanding 18,891,870 18,888,640 18,922,179 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 24,924 24,976 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 $ 18,851,423 $ 18,848,142 $ 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 11, 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 $ 13,644 $ 80,957 $ 643,274 Individual Income Taxes 619 2,146 11,110 Railroad Retirement Taxes 45 157 1,516 Excise Taxes 87 290 19,474 Corporation Income Taxes 130 446 95,108 Federal Unemployment Taxes 14 70 862 Estate and Gift Taxes & Misc IRS Rcpts. 2 14 299 Total $ 14,541 $ 84,079 $ 771,644 Cash Federal Tax Deposits: Direct $ 27 $ 214 $ 8,339 Through Depositaries 14,252 80,496 736,392 Total Cash FTD's $ 14,279 $ 80,710 $ 744,731 Inter-agency Transfers 262 3,369 26,913 Total $ 14,541 $ 84,079 $ 771,644 ___________________________________________________________________________________________ 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 11, 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) $ 20 $ 300 $ 10,094 IRS Tax Refunds Business (EFT) 33 234 5,836 IRS Tax Refunds Individual (Checks) 1 176 12,030 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.