1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, February 4, 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 $ 325,503 $ 312,633 $ 370,182 $ 198,716 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 325,503 $ 312,633 $ 370,182 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, February 4, 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) 13 195 4,696 Air Transport Security Fees $ 1 $ 3 $ 1,146 Cash FTD's Received (Table IV) 2,315 52,398 929,259 Commodity Credit Corporation programs 1 6 778 Customs and Certain Excise Taxes 49 335 15,862 Deposits by States: Supplemental Security Income 1 12 1,200 Unemployment 345 2,379 10,392 Education Department programs 153 891 19,927 Energy Department programs 10 70 2,795 Estate and Gift Taxes 52 170 7,515 Federal Reserve Earnings 0 1,431 52,398 Foreign Deposits, Military Sales 36 2,121 14,134 Housing and Urban Development programs 5 23 1,124 Individual Income and Employment Taxes, Not Withheld 252 1,681 119,098 Interest recd from cash investments 0 0 0 Justice Department programs 12 103 3,036 Postal Service 373 1,642 32,934 Public Debt Cash Issues (Table III-B) 141,652 251,847 2,701,779 Other Deposits: Federal Housing Admin: Note Sales 186 395 7,353 International Monetary Fund 1/ 803 805 2,406 Railroad Unemployment Ins. 1 7 63 Total Other Deposits 989 1,769 52,678 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 146,260 317,076 3,970,750 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 146,260 $ 317,076 $ 3,970,750 1/Through February 25, 2016, the International Monetary Fund line item for deposits and withdrawals will be impacted by transactions associated with the payment of IMF quota increases in dollars by the United States and other IMF member countries. 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, February 4, 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 $ 36 $ 189 $ 12,774 Defense Vendor Payments (EFT) 964 4,210 98,875 Education Department programs 1,319 4,815 71,309 Energy Department programs 111 370 11,027 Federal Employees Insurance Payments 243 982 25,569 Fed. Highway Administration programs 71 417 13,321 Federal Salaries (EFT) 768 3,396 60,499 Food and Nutrition Service (misc) 72 365 10,755 GSA programs 39 634 6,315 Health and Human Services Grants (misc) 295 1,494 32,778 Housing and Urban Development programs 156 3,242 27,389 Interest on Treasury Securities 0 6,868 67,838 IRS Tax Refunds Business (EFT) 315 1,276 8,309 IRS Tax Refunds Individual (EFT) 2/ -6 6,527 15,647 Justice Department programs 49 278 5,368 Labor Dept. prgms (excl. unemployment) 75 217 4,888 Medicaid 1,585 5,068 122,998 Medicare and Other CMS Payments 1,307 5,306 131,128 Medicare Advantage - Part C&D Payments 0 21,517 112,069 Marketplace Payments 0 0 10,089 NASA programs 68 309 6,355 Postal Service Money Orders and Other 141 670 13,671 Public Debt Cash Redemp. (Table III-B) 123,601 237,339 2,360,162 Social Security Benefits (EFT) 44 23,676 294,982 Supple. Nutrition Assist. Program (SNAP) 206 798 24,867 Temporary Assistance for Needy Families (HHS) 44 219 5,417 Transportation Security Admin. (DHS) 8 29 772 Unemployment Insurance Benefits 113 766 11,476 Veterans Affairs programs 299 1,106 19,037 Other Withdrawals: Agriculture 140 251 4,822 Federal Railroad Admin. 61 82 1,302 Federal Transit Admin. 93 197 3,985 Interior 65 137 3,103 Thrift Savings Plan Transfer 291 793 12,589 Veterans Benefits (EFT) 66 5,999 31,140 Unclassified 753 3,417 78,305 Total, Other Withdrawals 1,470 29,673 258,278 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 133,390 361,755 3,843,963 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 133,390 $ 361,755 $ 3,843,963 Net Change in Operating Cash Balance $ 12,870 $ -44,678 $ 126,787 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, February 4, 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 $ 140,000 $ 139,999 $ 1,794,958 Cash Management Series 0 0 95,007 Notes 0 106,908 645,142 Bonds 0 0 62,077 Inflation-Protected Securities Increment -130 -616 -6,335 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 3 14 298 Interest Increment 3 400 2,070 Government Account Series 375,832 1,521,476 23,669,281 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 325 872 14,542 Other 1,535 4,547 93,283 Total Issues $ 517,569 $ 1,773,600 $ 26,373,007 (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 $ 121,997 $ 121,997 $ 1,752,026 Notes 0 108,698 485,118 Bonds 0 0 5,585 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 41 231 3,852 Government Account Series 372,474 1,552,402 23,166,321 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 2 1,846 20,331 Other 1,561 4,567 93,251 Total Redemptions $ 496,076 $ 1,789,741 $ 25,526,938 Net Change in Public Debt Outstanding $ 21,493 $ -16,141 $ 846,069 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, February 4, 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) $ 517,569 $ 1,773,600 $ 26,373,007 Premium on New Issues 0 0 629 Discount on New Issues: Bills (-) 211 211 1,626 Bonds and Notes (-) 0 282 2,881 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 375,832 1,521,476 23,669,281 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 400 2,070 Inflation-Protected Securities Increment -130 -616 -6,686 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 141,652 $ 251,847 $ 2,701,779 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 496,076 $ 1,789,741 $ 25,526,938 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 (-) 372,474 1,552,402 23,166,321 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 123,601 $ 237,339 $ 2,360,162 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, February 4, 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 $ 13,671,782 $ 13,653,956 $ 13,657,155 $ 13,123,847 Intragovernmental Holdings 5,324,905 5,321,237 5,355,673 5,026,770 Total Public Debt Outstanding 18,996,687 18,975,194 19,012,828 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 24,004 23,812 23,868 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 $ 18,957,160 $ 18,935,860 $ 18,973,438 $ 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, February 4, 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 $ 2,446 $ 51,448 $ 804,879 Individual Income Taxes 40 317 21,753 Railroad Retirement Taxes 1 147 1,957 Excise Taxes 18 215 25,886 Corporation Income Taxes 23 348 103,824 Federal Unemployment Taxes 19 2,321 4,012 Estate and Gift Taxes & Misc IRS Rcpts. 2 12 334 Total $ 2,550 $ 54,807 $ 962,645 Cash Federal Tax Deposits: Direct $ 109 $ 573 $ 11,316 Through Depositaries 2,206 51,825 917,943 Total Cash FTD's $ 2,315 $ 52,398 $ 929,259 Inter-agency Transfers 234 2,410 33,386 Total $ 2,550 $ 54,807 $ 962,645 ___________________________________________________________________________________________ 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, February 4, 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) $ 20 $ 84 $ 11,410 IRS Tax Refunds Business (EFT) 315 1,276 8,309 IRS Tax Refunds Individual (Checks) 18 52 12,193 IRS Tax Refunds Individual (EFT) 2/ -6 6,527 15,647 2/Reported as a negative amount due to a return/reversal of $6 million. 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.