1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, January 27, 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 $ 337,973 $ 348,843 $ 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 $ 337,973 $ 348,843 $ 333,447 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, January 27, 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) 25 988 4,368 Air Transport Security Fees $ 2 $ 44 $ 931 Cash FTD's Received (Table IV) 10,436 197,564 861,585 Commodity Credit Corporation programs 1 137 761 Customs and Certain Excise Taxes 109 3,383 15,055 Deposits by States: Supplemental Security Income 13 54 956 Unemployment 124 897 7,599 Education Department programs 221 4,410 18,652 Energy Department programs 46 355 2,625 Estate and Gift Taxes 22 1,067 7,141 Federal Reserve Earnings 1,801 7,539 50,967 Foreign Deposits, Military Sales 27 2,366 11,858 Housing and Urban Development programs 4 247 1,090 Individual Income and Employment Taxes, Not Withheld 1,521 77,765 116,749 Interest recd from cash investments 0 0 0 Justice Department programs 10 647 2,916 Postal Service 307 6,486 30,640 Public Debt Cash Issues (Table III-B) 1,114 399,831 2,314,894 Other Deposits: Railroad Unemployment Ins. 1 4 38 TARP 5 5 20 Total Other Deposits 6 11,944 49,980 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 15,788 715,726 3,498,767 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 15,788 $ 715,726 $ 3,498,767 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, January 27, 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 $ 35 $ 1,225 $ 12,533 Defense Vendor Payments (EFT) 890 17,741 92,213 Education Department programs 1,725 28,504 63,097 Energy Department programs 175 1,880 10,213 Federal Employees Insurance Payments 224 5,156 23,885 Fed. Highway Administration programs 133 2,200 12,621 Federal Salaries (EFT) 62 9,793 53,691 Food and Nutrition Service (misc) 135 2,217 10,228 GSA programs 55 1,193 5,596 Health and Human Services Grants (misc) 370 6,286 30,140 Housing and Urban Development programs 65 5,309 23,641 Interest on Treasury Securities 0 4,563 60,973 IRS Tax Refunds Business (EFT) 40 844 6,446 IRS Tax Refunds Individual (EFT) 0 72 8,123 Justice Department programs 27 925 5,020 Labor Dept. prgms (excl. unemployment) 87 935 4,542 Medicaid 1,049 24,700 114,776 Medicare and Other CMS Payments 1,787 25,113 122,776 Medicare Advantage - Part C&D Payments 0 21,318 90,551 Marketplace Payments 0 1,793 10,089 NASA programs 82 1,077 6,047 Postal Service Money Orders and Other 98 2,807 12,528 Public Debt Cash Redemp. (Table III-B) 1,008 455,604 2,025,257 Social Security Benefits (EFT) 14,528 44,349 271,310 Supple. Nutrition Assist. Program (SNAP) 103 5,555 23,843 Temporary Assistance for Needy Families (HHS) 58 1,189 4,953 Transportation Security Admin. (DHS) 10 199 726 Unemployment Insurance Benefits 185 2,963 10,523 Veterans Affairs programs 236 3,364 17,470 Other Withdrawals: Agriculture Loan Payments (misc) 79 693 2,678 Federal Transit Admin. 71 607 3,679 Interntl Security Assistance (DSCA) 2,250 2,250 3,100 State Department 52 592 3,537 TARP 330 330 1,361 Thrift Savings Plan Transfer 155 1,694 11,478 Unclassified 554 13,865 73,351 Total, Other Withdrawals 3,491 32,325 225,700 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 26,658 711,201 3,359,511 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 26,658 $ 711,201 $ 3,359,511 Net Change in Operating Cash Balance $ -10,870 $ 4,526 $ 139,257 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, January 27, 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 $ 320,980 $ 1,537,962 Cash Management Series 0 0 95,007 Notes 0 44,998 523,235 Bonds 0 12,995 62,077 Inflation-Protected Securities Increment -76 -2,063 -5,569 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 3 84 277 Interest Increment 1 447 1,666 Government Account Series 382,794 5,888,781 21,369,493 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 138 2,343 12,810 Other 973 18,283 86,306 Total Issues $ 383,834 $ 6,286,849 $ 23,685,948 (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 33 946 3,553 Government Account Series 388,581 5,790,834 20,848,264 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 2 4,990 18,420 Other 973 18,314 86,249 Total Redemptions $ 389,589 $ 6,246,438 $ 22,873,976 Net Change in Public Debt Outstanding $ -5,755 $ 40,411 $ 811,972 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, January 27, 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) $ 383,834 $ 6,286,849 $ 23,685,948 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 (-) 382,794 5,888,781 21,369,493 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 447 1,666 Inflation-Protected Securities Increment -76 -2,063 -5,934 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,114 $ 399,831 $ 2,314,894 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 389,589 $ 6,246,438 $ 22,873,976 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 (-) 388,581 5,790,834 20,848,264 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,008 $ 455,604 $ 2,025,257 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, January 27, 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 $ 13,619,208 $ 13,619,379 $ 13,672,522 $ 13,123,847 Intragovernmental Holdings 5,343,382 5,348,966 5,249,657 5,026,770 Total Public Debt Outstanding 18,962,590 18,968,345 18,922,179 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 24,806 24,824 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 $ 18,922,261 $ 18,927,998 $ 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 27, 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 $ 9,978 $ 178,064 $ 740,381 Individual Income Taxes 84 12,273 21,237 Railroad Retirement Taxes 3 402 1,761 Excise Taxes 294 3,888 23,072 Corporation Income Taxes 22 8,711 103,374 Federal Unemployment Taxes 59 442 1,234 Estate and Gift Taxes & Misc IRS Rcpts. 2 29 315 Total $ 10,443 $ 203,809 $ 891,374 Cash Federal Tax Deposits: Direct $ 119 $ 1,719 $ 9,843 Through Depositaries 10,316 195,846 851,742 Total Cash FTD's $ 10,436 $ 197,564 $ 861,585 Inter-agency Transfers 7 6,245 29,789 Total $ 10,443 $ 203,809 $ 891,374 ___________________________________________________________________________________________ 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 27, 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) $ 41 $ 1,067 $ 10,861 IRS Tax Refunds Business (EFT) 40 844 6,446 IRS Tax Refunds Individual (Checks) 0 259 12,113 IRS Tax Refunds Individual (EFT) 0 72 8,123 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.