1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, February 16, 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 $ 259,086 $ 271,688 $ 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 $ 259,086 $ 271,688 $ 370,182 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, February 16, 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) 37 337 4,837 Air Transport Security Fees $ 1 $ 7 $ 1,150 Cash FTD's Received (Table IV) 31,892 132,042 1,008,904 Commodity Credit Corporation programs 3 48 819 Customs and Certain Excise Taxes 68 845 16,372 Deposits by States: Supplemental Security Income 2 32 1,220 Unemployment 40 3,573 11,586 Education Department programs 334 2,553 21,589 Energy Department programs 16 180 2,905 Estate and Gift Taxes 125 759 8,103 Federal Reserve Earnings 0 3,572 54,539 Foreign Deposits, Military Sales 63 2,373 14,386 Housing and Urban Development programs 5 138 1,240 Individual Income and Employment Taxes, Not Withheld 230 3,524 120,942 Interest recd from cash investments 0 0 0 Justice Department programs 40 536 3,468 Postal Service 460 4,315 35,607 Public Debt Cash Issues (Table III-B) 68,654 449,755 2,899,687 Other Deposits: Defense Finance & Accounting Service 80 337 2,632 Federal Employees Insurance Receipt 57 125 929 International Monetary Fund 1/ 204 7,327 8,928 Medicare Premiums 70 787 10,277 TARP 2 2 22 Thrift Savings Plan Transfer 738 1,225 13,671 Total Other Deposits 1,152 10,965 61,874 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 103,121 615,552 4,269,226 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 103,121 $ 615,552 $ 4,269,226 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 Tuesday, February 16, 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 $ 30 $ 462 $ 13,047 Defense Vendor Payments (EFT) 1,343 11,616 106,281 Education Department programs 1,101 12,145 78,639 Energy Department programs 122 1,123 11,781 Federal Employees Insurance Payments 257 3,332 27,919 Fed. Highway Administration programs 187 1,333 14,237 Federal Salaries (EFT) 1,655 8,723 65,826 Food and Nutrition Service (misc) 204 1,300 11,691 GSA programs 0 1,032 6,714 Health and Human Services Grants (misc) 471 4,523 35,806 Housing and Urban Development programs 172 4,396 28,543 Interest on Treasury Securities 38,001 44,868 105,838 IRS Tax Refunds Business (EFT) 489 2,564 9,598 IRS Tax Refunds Individual (EFT) 3,637 64,359 73,479 Justice Department programs 56 715 5,806 Labor Dept. prgms (excl. unemployment) 36 675 5,346 Medicaid 595 15,543 133,473 Medicare and Other CMS Payments 1,564 14,603 140,425 Medicare Advantage - Part C&D Payments 0 21,517 112,069 Marketplace Payments 0 0 10,089 NASA programs 100 706 6,753 Postal Service Money Orders and Other 251 1,919 14,921 Public Debt Cash Redemp. (Table III-B) 61,946 404,707 2,527,530 Social Security Benefits (EFT) 102 38,726 310,032 Supple. Nutrition Assist. Program (SNAP) 944 3,880 27,948 Temporary Assistance for Needy Families (HHS) 41 706 5,904 Transportation Security Admin. (DHS) 9 92 836 Unemployment Insurance Benefits 165 1,803 12,512 Veterans Affairs programs 274 2,587 20,518 Other Withdrawals: Federal Transit Admin. 50 497 4,284 Interior 55 410 3,376 State Department 55 364 3,936 Thrift Savings Plan Transfer 200 1,502 13,298 Unclassified 1,609 11,105 85,994 Total, Other Withdrawals 1,970 56,690 285,295 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 115,723 726,647 4,208,856 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 115,723 $ 726,647 $ 4,208,856 Net Change in Operating Cash Balance $ -12,602 $ -111,095 $ 60,370 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, February 16, 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 $ -1 $ 261,996 $ 1,916,955 Cash Management Series 0 0 95,007 Notes 50,690 157,598 695,833 Bonds 16,173 16,173 78,250 Inflation-Protected Securities Increment -503 -2,139 -7,858 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 5 35 320 Interest Increment 2 413 2,083 Government Account Series 382,947 4,149,167 26,296,972 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 1,132 3,176 16,845 Other 964 11,684 100,420 Total Issues $ 451,410 $ 4,598,103 $ 29,197,511 (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 $ 220,988 $ 1,851,018 Notes 53,842 162,539 538,960 Bonds 5,428 5,428 11,013 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 41 493 4,113 Government Account Series 375,964 4,176,200 25,790,119 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 1,678 3,557 22,042 Other 957 11,702 100,385 Total Redemptions $ 437,911 $ 4,580,906 $ 28,318,104 Net Change in Public Debt Outstanding $ 13,500 $ 17,197 $ 879,407 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, February 16, 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) $ 451,410 $ 4,598,103 $ 29,197,511 Premium on New Issues 0 0 629 Discount on New Issues: Bills (-) 0 316 1,731 Bonds and Notes (-) 310 592 3,191 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 382,947 4,149,167 26,296,972 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 413 2,083 Inflation-Protected Securities Increment -503 -2,139 -8,209 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 68,654 $ 449,755 $ 2,899,687 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 437,911 $ 4,580,906 $ 28,318,104 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 (-) 375,964 4,176,200 25,790,119 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 61,946 $ 404,707 $ 2,527,530 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, February 16, 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 $ 13,701,821 $ 13,694,791 $ 13,657,155 $ 13,123,847 Intragovernmental Holdings 5,328,204 5,321,734 5,355,673 5,026,770 Total Public Debt Outstanding 19,030,024 19,016,525 19,012,828 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,872 23,952 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 $ 18,990,631 $ 18,977,051 $ 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 Tuesday, February 16, 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 $ 30,170 $ 126,534 $ 879,966 Individual Income Taxes 200 991 22,428 Railroad Retirement Taxes 71 422 2,232 Excise Taxes 56 3,259 28,930 Corporation Income Taxes 1,966 3,602 107,078 Federal Unemployment Taxes 54 2,447 4,138 Estate and Gift Taxes & Misc IRS Rcpts. 1 38 360 Total $ 32,519 $ 137,294 $ 1,045,132 Cash Federal Tax Deposits: Direct $ 34 $ 1,780 $ 12,522 Through Depositaries 31,858 130,263 996,382 Total Cash FTD's $ 31,892 $ 132,042 $ 1,008,904 Inter-agency Transfers 626 5,252 36,229 Total $ 32,519 $ 137,294 $ 1,045,132 ___________________________________________________________________________________________ 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 Tuesday, February 16, 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) $ 1,644 $ 3,676 $ 15,002 IRS Tax Refunds Business (EFT) 489 2,564 9,598 IRS Tax Refunds Individual (Checks) 35 3,496 15,636 IRS Tax Refunds Individual (EFT) 3,637 64,359 73,479 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.