1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, January 12, 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 $ 307,971 $ 309,821 $ 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 $ 307,971 $ 309,821 $ 333,447 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, January 12, 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) 27 546 3,927 Air Transport Security Fees $ 2 $ 14 $ 901 Cash FTD's Received (Table IV) 2,905 83,615 747,636 Commodity Credit Corporation programs 3 88 712 Customs and Certain Excise Taxes 69 538 12,211 Deposits by States: Supplemental Security Income 3 18 920 Unemployment 28 150 6,852 Education Department programs 321 1,873 16,115 Energy Department programs 17 100 2,369 Estate and Gift Taxes 21 515 6,589 Federal Reserve Earnings 0 1,877 45,306 Foreign Deposits, Military Sales 4 1,891 11,382 Housing and Urban Development programs 27 133 976 Individual Income and Employment Taxes, Not Withheld 2,551 12,712 51,695 Interest recd from cash investments 0 0 0 Justice Department programs 6 412 2,681 Postal Service 436 2,882 27,036 Public Debt Cash Issues (Table III-B) 1,138 123,070 2,038,134 Other Deposits: Marketplace Receipts 317 1,294 4,485 Medicare Premiums 121 472 7,583 Total Other Deposits 438 4,250 42,285 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 7,997 234,685 3,017,726 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 7,997 $ 234,685 $ 3,017,726 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, January 12, 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 $ 40 $ 627 $ 11,935 Defense Vendor Payments (EFT) 1,184 6,572 81,044 Education Department programs 1,540 11,381 45,973 Energy Department programs 87 644 8,977 Federal Employees Insurance Payments 191 2,160 20,889 Fed. Highway Administration programs 123 1,018 11,439 Federal Salaries (EFT) 64 3,548 47,445 Food and Nutrition Service (misc) 101 685 8,695 GSA programs 28 701 5,103 Health and Human Services Grants (misc) 404 2,301 26,155 Housing and Urban Development programs 149 3,839 22,171 Interest on Treasury Securities 0 165 56,576 IRS Tax Refunds Business (EFT) 11 245 5,847 IRS Tax Refunds Individual (EFT) 0 70 8,121 Justice Department programs 36 320 4,415 Labor Dept. prgms (excl. unemployment) 30 379 3,986 Medicaid 1,370 10,094 100,170 Medicare and Other CMS Payments 1,216 8,961 106,624 Medicare Advantage - Part C&D Payments 0 21,318 90,551 Marketplace Payments 0 0 8,295 NASA programs 15 374 5,344 Postal Service Money Orders and Other 179 1,483 11,204 Public Debt Cash Redemp. (Table III-B) 1,055 161,720 1,731,373 Social Security Benefits (EFT) 49 558 227,519 Supple. Nutrition Assist. Program (SNAP) 314 2,649 20,937 Temporary Assistance for Needy Families (HHS) 65 286 4,049 Transportation Security Admin. (DHS) 14 48 575 Unemployment Insurance Benefits 269 1,245 8,804 Veterans Affairs programs 165 1,275 15,381 Other Withdrawals: Centers for Disease Control 69 279 1,437 Interior 58 246 2,440 Thrift Savings Plan Transfer 83 1,092 10,875 Veterans Benefits (EFT) 57 172 24,917 Unclassified 876 6,711 66,198 Total, Other Withdrawals 1,143 15,498 208,872 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 9,847 260,161 2,908,471 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 9,847 $ 260,161 $ 2,908,471 Net Change in Operating Cash Balance $ -1,850 $ -25,476 $ 109,255 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, January 12, 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 $ 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 -79 -891 -4,397 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 5 48 241 Interest Increment 4 428 1,646 Government Account Series 301,213 2,118,042 17,598,754 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 145 677 11,144 Other 988 7,549 75,572 Total Issues $ 302,275 $ 2,240,846 $ 19,639,945 (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 64 510 3,117 Government Account Series 295,408 2,103,623 17,161,053 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 1 3,641 17,070 Other 989 7,566 75,502 Total Redemptions $ 296,462 $ 2,265,343 $ 18,892,880 Net Change in Public Debt Outstanding $ 5,813 $ -24,497 $ 747,065 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, January 12, 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) $ 302,275 $ 2,240,846 $ 19,639,945 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 (-) 301,213 2,118,042 17,598,754 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 4 428 1,646 Inflation-Protected Securities Increment -79 -891 -4,762 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,138 $ 123,070 $ 2,038,134 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 296,462 $ 2,265,343 $ 18,892,880 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 (-) 295,408 2,103,623 17,161,053 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,055 $ 161,720 $ 1,731,373 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, January 12, 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 $ 13,634,464 $ 13,634,547 $ 13,672,522 $ 13,123,847 Intragovernmental Holdings 5,263,218 5,257,322 5,249,657 5,026,770 Total Public Debt Outstanding 18,897,682 18,891,870 18,922,179 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 24,907 24,924 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 $ 18,857,253 $ 18,851,423 $ 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 12, 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 $ 1,847 $ 82,804 $ 645,120 Individual Income Taxes 606 2,752 11,716 Railroad Retirement Taxes 1 158 1,517 Excise Taxes 392 682 19,866 Corporation Income Taxes 84 530 95,193 Federal Unemployment Taxes 13 83 875 Estate and Gift Taxes & Misc IRS Rcpts. 1 15 300 Total $ 2,944 $ 87,024 $ 774,588 Cash Federal Tax Deposits: Direct $ 50 $ 264 $ 8,388 Through Depositaries 2,855 83,352 739,248 Total Cash FTD's $ 2,905 $ 83,615 $ 747,636 Inter-agency Transfers 39 3,409 26,952 Total $ 2,944 $ 87,024 $ 774,588 ___________________________________________________________________________________________ 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 12, 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) $ 335 $ 635 $ 10,429 IRS Tax Refunds Business (EFT) 11 245 5,847 IRS Tax Refunds Individual (Checks) 3 179 12,033 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.