1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, January 20, 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 $ 318,749 $ 299,622 $ 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 $ 318,749 $ 299,622 $ 333,447 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, January 20, 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) 36 780 4,161 Air Transport Security Fees $ 2 $ 20 $ 906 Cash FTD's Received (Table IV) 4,024 153,292 817,313 Commodity Credit Corporation programs 2 114 738 Customs and Certain Excise Taxes 91 973 12,645 Deposits by States: Supplemental Security Income 4 32 933 Unemployment 52 370 7,072 Education Department programs 420 3,258 17,500 Energy Department programs 31 160 2,430 Estate and Gift Taxes 92 830 6,903 Federal Reserve Earnings 2,147 5,738 49,166 Foreign Deposits, Military Sales 12 2,064 11,556 Housing and Urban Development programs 6 153 996 Individual Income and Employment Taxes, Not Withheld 34,538 62,915 101,898 Interest recd from cash investments 0 0 0 Justice Department programs 143 610 2,879 Postal Service 515 4,762 28,916 Public Debt Cash Issues (Table III-B) 1,010 286,633 2,201,697 Other Deposits: Medicare Premiums 413 1,278 8,390 Thrift Savings Plan Transfer 360 2,270 9,803 Total Other Deposits 773 8,556 46,591 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 43,898 531,260 3,314,301 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 43,898 $ 531,260 $ 3,314,301 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, January 20, 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 $ 82 $ 1,002 $ 12,309 Defense Vendor Payments (EFT) 1,160 12,091 86,563 Education Department programs 1,832 20,714 55,306 Energy Department programs 123 1,323 9,656 Federal Employees Insurance Payments 261 3,493 22,222 Fed. Highway Administration programs 137 1,619 12,040 Federal Salaries (EFT) 132 8,810 52,707 Food and Nutrition Service (misc) 230 1,598 9,608 GSA programs 44 909 5,311 Health and Human Services Grants (misc) 429 4,493 28,347 Housing and Urban Development programs 164 4,620 22,951 Interest on Treasury Securities 0 4,562 60,973 IRS Tax Refunds Business (EFT) 86 543 6,146 IRS Tax Refunds Individual (EFT) 0 70 8,121 Justice Department programs 53 590 4,685 Labor Dept. prgms (excl. unemployment) 44 624 4,231 Medicaid 1,060 18,629 108,706 Medicare and Other CMS Payments 1,657 15,920 113,583 Medicare Advantage - Part C&D Payments 0 21,318 90,551 Marketplace Payments 0 0 8,295 NASA programs 34 643 5,613 Postal Service Money Orders and Other 179 2,295 12,015 Public Debt Cash Redemp. (Table III-B) 1,050 354,976 1,924,629 Social Security Benefits (EFT) 14,292 29,603 256,564 Supple. Nutrition Assist. Program (SNAP) 180 4,580 22,869 Temporary Assistance for Needy Families (HHS) 21 949 4,713 Transportation Security Admin. (DHS) 3 148 675 Unemployment Insurance Benefits 318 2,103 9,663 Veterans Affairs programs 205 2,300 16,406 Other Withdrawals: Agriculture 161 685 4,271 Centers for Disease Control 108 501 1,659 Interior 55 539 2,732 Unclassified 670 10,454 69,940 Total, Other Withdrawals 995 25,434 218,809 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 24,771 545,958 3,194,268 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 24,771 $ 545,958 $ 3,194,268 Net Change in Operating Cash Balance $ 19,127 $ -14,698 $ 120,033 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, January 20, 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 $ 213,991 $ 1,430,973 Cash Management Series 0 0 95,007 Notes 0 44,998 523,235 Bonds -5 12,995 62,077 Inflation-Protected Securities Increment -78 -1,521 -5,027 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 2 68 261 Interest Increment 2 439 1,657 Government Account Series 385,959 3,998,595 19,479,307 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 47 1,470 11,937 Other 966 12,885 80,908 Total Issues $ 386,893 $ 4,283,920 $ 21,683,020 (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 $ 284,002 $ 1,440,031 Notes 0 52,352 376,421 Bonds 0 0 5,585 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 54 755 3,362 Government Account Series 385,076 3,909,716 18,967,146 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 29 4,942 18,371 Other 967 12,925 80,860 Total Redemptions $ 386,126 $ 4,264,693 $ 20,892,230 Net Change in Public Debt Outstanding $ 767 $ 19,228 $ 790,789 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, January 20, 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) $ 386,893 $ 4,283,920 $ 21,683,020 Premium on New Issues 0 541 629 Discount on New Issues: Bills (-) 0 281 1,239 Bonds and Notes (-) 0 35 2,456 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 385,959 3,998,595 19,479,307 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 439 1,657 Inflation-Protected Securities Increment -78 -1,521 -5,392 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,010 $ 286,633 $ 2,201,697 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 386,126 $ 4,264,693 $ 20,892,230 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 (-) 385,076 3,909,716 18,967,146 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,050 $ 354,976 $ 1,924,629 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, January 20, 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 $ 13,605,231 $ 13,604,762 $ 13,672,522 $ 13,123,847 Intragovernmental Holdings 5,336,176 5,335,878 5,249,657 5,026,770 Total Public Debt Outstanding 18,941,407 18,940,640 18,922,179 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 24,853 24,871 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 $ 18,901,032 $ 18,900,248 $ 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 20, 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 $ 3,743 $ 134,803 $ 697,120 Individual Income Taxes 155 11,821 20,786 Railroad Retirement Taxes 7 288 1,647 Excise Taxes 39 3,313 22,498 Corporation Income Taxes 40 8,101 102,764 Federal Unemployment Taxes 48 255 1,047 Estate and Gift Taxes & Misc IRS Rcpts. 1 19 305 Total $ 4,034 $ 158,601 $ 846,166 Cash Federal Tax Deposits: Direct $ 127 $ 1,313 $ 9,438 Through Depositaries 3,897 151,979 807,875 Total Cash FTD's $ 4,024 $ 153,292 $ 817,313 Inter-agency Transfers 10 5,310 28,854 Total $ 4,034 $ 158,601 $ 846,166 ___________________________________________________________________________________________ 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 20, 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) $ 14 $ 980 $ 10,774 IRS Tax Refunds Business (EFT) 86 543 6,146 IRS Tax Refunds Individual (Checks) 7 227 12,081 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.