1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, January 29, 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 $ 370,182 $ 355,129 $ 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 $ 370,182 $ 355,129 $ 333,447 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, January 29, 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) 76 1,120 4,500 Air Transport Security Fees $ 202 $ 256 $ 1,143 Cash FTD's Received (Table IV) 11,903 212,840 876,861 Commodity Credit Corporation programs 8 148 772 Customs and Certain Excise Taxes 306 3,855 15,527 Deposits by States: Supplemental Security Income 225 286 1,188 Unemployment 268 1,312 8,014 Education Department programs 173 4,793 19,036 Energy Department programs 26 456 2,725 Estate and Gift Taxes 97 1,271 7,345 Federal Reserve Earnings 0 7,539 50,967 Foreign Deposits, Military Sales 59 2,521 12,013 Housing and Urban Development programs 6 258 1,101 Individual Income and Employment Taxes, Not Withheld 310 78,434 117,417 Interest recd from cash investments 0 0 0 Justice Department programs 11 663 2,932 Postal Service 330 7,138 31,292 Public Debt Cash Issues (Table III-B) 15,876 534,869 2,449,932 Other Deposits: Farm Credit System Ins. Corp. 232 273 288 Federal Housing Admin: Note Sales 56 1,734 6,957 Medicare Premiums 123 2,378 9,489 Minerals Management Svc/Collections 117 203 1,962 Railroad Unemployment Ins. 18 23 56 Thrift Savings Plan Transfer 70 4,913 12,446 Total Other Deposits 617 12,873 50,909 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 30,494 870,633 3,653,674 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 30,494 $ 870,633 $ 3,653,674 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, January 29, 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 $ 10 $ 1,277 $ 12,585 Defense Vendor Payments (EFT) 1,161 20,193 94,665 Education Department programs 1,749 31,902 66,494 Energy Department programs 332 2,325 10,658 Federal Employees Insurance Payments 181 5,858 24,587 Fed. Highway Administration programs 133 2,483 12,904 Federal Salaries (EFT) 3,360 13,206 57,103 Food and Nutrition Service (misc) 122 2,381 10,391 GSA programs 43 1,279 5,681 Health and Human Services Grants (misc) 538 7,430 31,284 Housing and Urban Development programs 174 5,815 24,147 Interest on Treasury Securities -4 4,559 60,970 IRS Tax Refunds Business (EFT) 215 1,431 7,034 IRS Tax Refunds Individual (EFT) 997 1,069 9,120 Justice Department programs 5 995 5,090 Labor Dept. prgms (excl. unemployment) 40 1,064 4,671 Medicaid 1,031 27,853 117,929 Medicare and Other CMS Payments 1,405 28,159 125,822 Medicare Advantage - Part C&D Payments 0 21,318 90,551 Marketplace Payments 0 1,793 10,089 NASA programs 0 1,077 6,047 Postal Service Money Orders and Other 396 3,280 13,001 Public Debt Cash Redemp. (Table III-B) 1,060 553,171 2,122,824 Social Security Benefits (EFT) 1/ -5 44,345 271,306 Supple. Nutrition Assist. Program (SNAP) 120 5,781 24,069 Temporary Assistance for Needy Families (HHS) 143 1,434 5,198 Transportation Security Admin. (DHS) 11 216 743 Unemployment Insurance Benefits 77 3,150 10,710 Veterans Affairs programs 239 3,825 17,931 Other Withdrawals: Federal Transit Admin. 83 715 3,787 HHS: Indian Health Service 69 311 1,051 Interior 86 773 2,966 Pension Benefit Guaranty Corp. 466 493 2,003 Thrift Savings Plan Transfer 278 2,012 11,796 Treasury Dept: Claims Payments 104 1,552 2,267 Unclassified 822 15,402 74,888 Total, Other Withdrawals 1,907 35,230 228,605 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 15,442 833,898 3,482,208 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 15,442 $ 833,898 $ 3,482,208 Net Change in Operating Cash Balance $ 15,052 $ 36,734 $ 171,466 1/Reported as a negative amount due to a return/reversal of $6 million. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, January 29, 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 $ 437,977 $ 1,654,959 Cash Management Series 0 0 95,007 Notes 15,000 59,998 538,235 Bonds 0 12,995 62,077 Inflation-Protected Securities Increment -75 -2,213 -5,719 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 4 92 284 Interest Increment 2 452 1,670 Government Account Series 391,282 6,667,093 22,147,805 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 60 3,202 13,669 Other 971 20,713 88,736 Total Issues $ 407,243 $ 7,200,309 $ 24,599,408 (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 $ 474,001 $ 1,630,029 Notes 0 52,352 376,421 Bonds 0 0 5,585 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 34 1,014 3,621 Government Account Series 383,158 6,556,489 21,613,919 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 55 5,056 18,485 Other 972 20,748 88,683 Total Redemptions $ 384,219 $ 7,109,660 $ 23,737,198 Net Change in Public Debt Outstanding $ 23,025 $ 90,649 $ 862,210 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, January 29, 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) $ 407,243 $ 7,200,309 $ 24,599,408 Premium on New Issues 0 541 629 Discount on New Issues: Bills (-) 0 457 1,415 Bonds and Notes (-) 144 178 2,599 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 391,282 6,667,093 22,147,805 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 452 1,670 Inflation-Protected Securities Increment -61 -2,199 -6,071 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 15,876 $ 534,869 $ 2,449,932 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 384,219 $ 7,109,660 $ 23,737,198 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 (-) 383,158 6,556,489 21,613,919 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,060 $ 553,171 $ 2,122,824 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, January 29, 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 $ 13,657,155 $ 13,642,413 $ 13,672,522 $ 13,123,847 Intragovernmental Holdings 5,355,673 5,347,390 5,249,657 5,026,770 Total Public Debt Outstanding 19,012,828 18,989,803 18,922,179 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,868 24,886 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 $ 18,973,438 $ 18,949,395 $ 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 29, 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 $ 10,056 $ 191,115 $ 753,432 Individual Income Taxes 66 12,472 21,437 Railroad Retirement Taxes 44 451 1,810 Excise Taxes 2,165 6,487 25,671 Corporation Income Taxes 47 8,813 103,476 Federal Unemployment Taxes 386 899 1,691 Estate and Gift Taxes & Misc IRS Rcpts. 1 36 322 Total $ 12,766 $ 220,273 $ 907,838 Cash Federal Tax Deposits: Direct $ 777 $ 2,618 $ 10,742 Through Depositaries 11,125 210,223 866,119 Total Cash FTD's $ 11,903 $ 212,840 $ 876,861 Inter-agency Transfers 864 7,433 30,977 Total $ 12,766 $ 220,273 $ 907,838 ___________________________________________________________________________________________ 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 29, 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) $ 290 $ 1,531 $ 11,326 IRS Tax Refunds Business (EFT) 215 1,431 7,034 IRS Tax Refunds Individual (Checks) 12 2/ 286 2/ 12,140 IRS Tax Refunds Individual (EFT) 997 2/ 1,069 2/ 9,120 2/Does not include $15 million offset by Fiscal Service for the month of January 2016 and $169 million for the fiscal year-to-date for the Treasury Offset Program against Tax Refunds issued. 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.