1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, January 22, 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 $ 339,516 $ 339,133 $ 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 $ 339,516 $ 339,133 $ 333,447 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, January 22, 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) 41 851 4,232 Air Transport Security Fees $ 18 $ 38 $ 925 Cash FTD's Received (Table IV) 6,396 168,825 832,846 Commodity Credit Corporation programs 6 132 756 Customs and Certain Excise Taxes 94 1,165 12,838 Deposits by States: Supplemental Security Income 5 38 940 Unemployment 86 531 7,232 Education Department programs 180 3,695 17,937 Energy Department programs 11 183 2,452 Estate and Gift Taxes 70 926 7,000 Federal Reserve Earnings 0 5,738 49,166 Foreign Deposits, Military Sales 192 2,309 11,800 Housing and Urban Development programs 12 234 1,077 Individual Income and Employment Taxes, Not Withheld 2,611 73,674 112,657 Interest recd from cash investments 0 0 0 Justice Department programs 5 623 2,892 Postal Service 327 5,423 29,578 Public Debt Cash Issues (Table III-B) 978 396,576 2,311,639 Other Deposits: Medicare Premiums 576 1,930 9,042 Thrift Savings Plan Transfer 266 3,011 10,544 Total Other Deposits 841 9,949 47,985 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 11,872 670,911 3,453,952 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 11,872 $ 670,911 $ 3,453,952 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, January 22, 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 $ 67 $ 1,105 $ 12,413 Defense Vendor Payments (EFT) 1,199 14,012 88,483 Education Department programs 1,584 23,955 58,547 Energy Department programs 150 1,589 9,922 Federal Employees Insurance Payments 245 4,022 22,751 Fed. Highway Administration programs 110 1,888 12,309 Federal Salaries (EFT) 79 9,655 53,552 Food and Nutrition Service (misc) 129 1,851 9,861 GSA programs 42 1,048 5,451 Health and Human Services Grants (misc) 367 5,206 29,061 Housing and Urban Development programs 186 4,998 23,329 Interest on Treasury Securities 0 4,562 60,973 IRS Tax Refunds Business (EFT) 5 598 6,200 IRS Tax Refunds Individual (EFT) 0 70 8,121 Justice Department programs 84 752 4,848 Labor Dept. prgms (excl. unemployment) 44 752 4,359 Medicaid 617 21,529 111,606 Medicare and Other CMS Payments 1,969 19,929 117,592 Medicare Advantage - Part C&D Payments 0 21,318 90,551 Marketplace Payments 1,793 1,793 10,089 NASA programs 110 849 5,819 Postal Service Money Orders and Other 105 2,499 12,220 Public Debt Cash Redemp. (Table III-B) 1,023 452,538 2,022,190 Social Security Benefits (EFT) 52 29,716 256,677 Supple. Nutrition Assist. Program (SNAP) 179 4,941 23,229 Temporary Assistance for Needy Families (HHS) 54 1,061 4,825 Transportation Security Admin. (DHS) 13 182 709 Unemployment Insurance Benefits 76 2,362 9,922 Veterans Affairs programs 289 2,751 16,858 Other Withdrawals: Emergency Prep & Response (DHS) 54 427 2,968 Federal Railroad Admin. 78 221 1,158 State Department 56 478 3,423 Unclassified 730 12,080 71,567 Total, Other Withdrawals 918 27,311 220,685 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 11,489 664,842 3,313,152 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 11,489 $ 664,842 $ 3,313,152 Net Change in Operating Cash Balance $ 383 $ 6,069 $ 140,800 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, January 22, 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 $ 320,986 $ 1,537,967 Cash Management Series 0 0 95,007 Notes 0 44,998 523,235 Bonds 0 12,995 62,077 Inflation-Protected Securities Increment -78 -1,677 -5,183 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 2 72 265 Interest Increment 1 442 1,660 Government Account Series 374,660 4,753,991 20,234,703 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 2 2,014 12,482 Other 974 15,362 83,385 Total Issues $ 375,561 $ 5,149,184 $ 22,548,283 (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 $ 379,002 $ 1,535,030 Notes 0 52,352 376,421 Bonds 0 0 5,585 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 39 833 3,440 Government Account Series 371,737 4,657,187 19,714,617 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 9 4,958 18,387 Other 975 15,393 83,328 Total Redemptions $ 372,760 $ 5,109,725 $ 21,737,263 Net Change in Public Debt Outstanding $ 2,801 $ 39,459 $ 811,020 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, January 22, 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) $ 375,561 $ 5,149,184 $ 22,548,283 Premium on New Issues 0 541 629 Discount on New Issues: Bills (-) 0 359 1,317 Bonds and Notes (-) 0 35 2,456 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 374,660 4,753,991 20,234,703 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 442 1,660 Inflation-Protected Securities Increment -78 -1,677 -5,548 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 978 $ 396,576 $ 2,311,639 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 372,760 $ 5,109,725 $ 21,737,263 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 (-) 371,737 4,657,187 19,714,617 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,023 $ 452,538 $ 2,022,190 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, January 22, 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 $ 13,618,137 $ 13,618,067 $ 13,672,522 $ 13,123,847 Intragovernmental Holdings 5,343,501 5,340,771 5,249,657 5,026,770 Total Public Debt Outstanding 18,961,638 18,958,837 18,922,179 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 24,896 24,914 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 $ 18,921,220 $ 18,918,401 $ 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 Friday, January 22, 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 $ 6,000 $ 150,615 $ 712,932 Individual Income Taxes 71 11,977 20,942 Railroad Retirement Taxes 17 314 1,673 Excise Taxes 36 3,362 22,547 Corporation Income Taxes 301 8,431 103,094 Federal Unemployment Taxes 33 308 1,100 Estate and Gift Taxes & Misc IRS Rcpts. 2 22 307 Total $ 6,460 $ 175,029 $ 862,594 Cash Federal Tax Deposits: Direct $ 44 $ 1,478 $ 9,603 Through Depositaries 6,351 167,347 823,243 Total Cash FTD's $ 6,396 $ 168,825 $ 832,846 Inter-agency Transfers 65 6,204 29,748 Total $ 6,460 $ 175,029 $ 862,594 ___________________________________________________________________________________________ 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 Friday, January 22, 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 $ 984 $ 10,778 IRS Tax Refunds Business (EFT) 5 598 6,200 IRS Tax Refunds Individual (Checks) 6 238 12,092 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.