1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, January 14, 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 $ 265,074 $ 302,240 $ 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 $ 265,074 $ 302,240 $ 333,447 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, January 14, 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) 10 565 3,945 Air Transport Security Fees $ 1 $ 16 $ 902 Cash FTD's Received (Table IV) 6,957 99,114 763,135 Commodity Credit Corporation programs 3 92 717 Customs and Certain Excise Taxes 139 741 12,413 Deposits by States: Supplemental Security Income 2 22 924 Unemployment 33 220 6,921 Education Department programs 190 2,232 16,474 Energy Department programs 4 110 2,379 Estate and Gift Taxes 22 582 6,655 Federal Reserve Earnings 0 3,591 47,019 Foreign Deposits, Military Sales 104 2,008 11,499 Housing and Urban Development programs 1 136 979 Individual Income and Employment Taxes, Not Withheld 2,324 20,918 59,901 Interest recd from cash investments 0 0 0 Justice Department programs 11 439 2,708 Postal Service 297 3,492 27,647 Public Debt Cash Issues (Table III-B) 100,557 225,098 2,140,161 Other Deposits: Marketplace Receipts 298 2,113 5,303 Thrift Savings Plan Transfer 199 1,501 9,034 Total Other Deposits 497 5,395 43,431 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 111,152 364,769 3,147,810 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 111,152 $ 364,769 $ 3,147,810 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, January 14, 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 $ 87 $ 789 $ 12,097 Defense Vendor Payments (EFT) 1,399 8,728 83,200 Education Department programs 1,769 15,275 49,867 Energy Department programs 149 889 9,221 Federal Employees Insurance Payments 415 2,798 21,527 Fed. Highway Administration programs 94 1,209 11,630 Federal Salaries (EFT) 80 3,696 47,593 Food and Nutrition Service (misc) 114 967 8,977 GSA programs 64 783 5,186 Health and Human Services Grants (misc) 622 3,272 27,126 Housing and Urban Development programs 161 4,130 22,461 Interest on Treasury Securities 0 165 56,576 IRS Tax Refunds Business (EFT) 1/ -14 231 5,834 IRS Tax Refunds Individual (EFT) 0 70 8,121 Justice Department programs 44 408 4,504 Labor Dept. prgms (excl. unemployment) 68 482 4,090 Medicaid 3,574 14,952 105,029 Medicare and Other CMS Payments 1,409 11,983 109,646 Medicare Advantage - Part C&D Payments 0 21,318 90,551 Marketplace Payments 0 0 8,295 NASA programs 84 518 5,487 Postal Service Money Orders and Other 92 1,748 11,469 Public Debt Cash Redemp. (Table III-B) 135,887 298,874 1,868,527 Social Security Benefits (EFT) 47 15,205 242,166 Supple. Nutrition Assist. Program (SNAP) 337 3,251 21,539 Temporary Assistance for Needy Families (HHS) 270 570 4,334 Transportation Security Admin. (DHS) 7 115 642 Unemployment Insurance Benefits 110 1,536 9,095 Veterans Affairs programs 201 1,651 15,757 Other Withdrawals: Federal Crop Ins. Corp. 61 483 5,167 Federal Transit Admin. 81 300 3,373 Foreign Military Sales Program 400 400 449 Interior 53 350 2,543 Interior: Office of Surface Mining 106 114 288 State Department 64 286 3,230 Unclassified 480 7,927 67,413 Total, Other Withdrawals 1,246 17,530 210,904 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 148,318 433,142 3,081,452 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 148,318 $ 433,142 $ 3,081,452 Net Change in Operating Cash Balance $ -37,165 $ -68,373 $ 66,358 1/Reported as a negative amount due to a return/reversal of $14 million. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, January 14, 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 $ 99,000 $ 213,993 $ 1,430,975 Cash Management Series 0 0 95,007 Notes 0 0 478,236 Bonds 0 0 49,082 Inflation-Protected Securities Increment -81 -1,051 -4,557 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 4 56 249 Interest Increment 4 434 1,652 Government Account Series 372,459 2,860,069 18,340,781 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 191 1,348 11,815 Other 1,446 9,982 78,005 Total Issues $ 473,024 $ 3,084,831 $ 20,483,930 (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 $ 133,999 $ 284,002 $ 1,440,031 Notes 0 0 324,068 Bonds 0 0 5,585 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 44 602 3,209 Government Account Series 369,357 2,784,577 17,842,007 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 380 4,251 17,680 Other 1,464 10,019 77,954 Total Redemptions $ 505,244 $ 3,083,451 $ 19,710,989 Net Change in Public Debt Outstanding $ -32,220 $ 1,379 $ 772,941 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, January 14, 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) $ 473,024 $ 3,084,831 $ 20,483,930 Premium on New Issues 0 0 87 Discount on New Issues: Bills (-) 85 281 1,239 Bonds and Notes (-) 0 0 2,421 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 372,459 2,860,069 18,340,781 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 4 434 1,652 Inflation-Protected Securities Increment -81 -1,051 -4,922 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 100,557 $ 225,098 $ 2,140,161 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 505,244 $ 3,083,451 $ 19,710,989 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 (-) 369,357 2,784,577 17,842,007 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 135,887 $ 298,874 $ 1,868,527 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, January 14, 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 $ 13,599,643 $ 13,634,513 $ 13,672,522 $ 13,123,847 Intragovernmental Holdings 5,323,915 5,321,266 5,249,657 5,026,770 Total Public Debt Outstanding 18,923,558 18,955,779 18,922,179 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 24,958 24,890 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 $ 18,883,078 $ 18,915,366 $ 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 14, 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 $ 2,447 $ 92,282 $ 654,599 Individual Income Taxes 1,665 5,540 14,505 Railroad Retirement Taxes 6 172 1,531 Excise Taxes 2,143 3,198 22,382 Corporation Income Taxes 681 1,419 96,082 Federal Unemployment Taxes 19 121 913 Estate and Gift Taxes & Misc IRS Rcpts. 1 17 302 Total $ 6,962 $ 102,749 $ 790,314 Cash Federal Tax Deposits: Direct $ 738 $ 1,098 $ 9,223 Through Depositaries 6,219 98,015 753,911 Total Cash FTD's $ 6,957 $ 99,114 $ 763,135 Inter-agency Transfers 5 3,636 27,180 Total $ 6,962 $ 102,749 $ 790,314 ___________________________________________________________________________________________ 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 14, 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) $ 13 $ 660 $ 10,455 IRS Tax Refunds Business (EFT) 1/ -14 231 5,834 IRS Tax Refunds Individual (Checks) 10 191 12,045 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.