1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, February 17, 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 $ 242,350 $ 259,086 $ 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 $ 242,350 $ 259,086 $ 370,182 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, February 17, 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) 33 370 4,870 Air Transport Security Fees $ 1 $ 9 $ 1,152 Cash FTD's Received (Table IV) 4,548 136,590 1,013,451 Commodity Credit Corporation programs 7 54 826 Customs and Certain Excise Taxes 73 917 16,444 Deposits by States: Supplemental Security Income 1 32 1,220 Unemployment 40 3,613 11,626 Education Department programs 533 3,086 22,121 Energy Department programs 15 194 2,920 Estate and Gift Taxes 134 893 8,238 Federal Reserve Earnings 2,088 5,660 56,627 Foreign Deposits, Military Sales 29 2,402 14,415 Housing and Urban Development programs 4 142 1,244 Individual Income and Employment Taxes, Not Withheld 247 3,771 121,188 Interest recd from cash investments 0 0 0 Justice Department programs 13 549 3,481 Postal Service 511 4,826 36,118 Public Debt Cash Issues (Table III-B) 1,159 450,914 2,900,846 Other Deposits: International Monetary Fund 1/ 821 8,148 9,749 Medicare Premiums 58 846 10,335 TARP 1 4 24 Thrift Savings Plan Transfer 266 1,491 13,936 Total Other Deposits 1,146 12,111 63,020 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 10,582 626,133 4,279,807 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 10,582 $ 626,133 $ 4,279,807 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 Wednesday, February 17, 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 $ 37 $ 499 $ 13,084 Defense Vendor Payments (EFT) 1,344 12,959 107,624 Education Department programs 1,062 13,207 79,701 Energy Department programs 139 1,261 11,919 Federal Employees Insurance Payments 285 3,617 28,204 Fed. Highway Administration programs 184 1,517 14,421 Federal Salaries (EFT) 63 8,786 65,889 Food and Nutrition Service (misc) 189 1,489 11,880 GSA programs 30 1,063 6,744 Health and Human Services Grants (misc) 475 4,998 36,281 Housing and Urban Development programs 133 4,529 28,676 Interest on Treasury Securities 0 44,868 105,838 IRS Tax Refunds Business (EFT) 0 2,564 9,598 IRS Tax Refunds Individual (EFT) 1,981 66,334 75,454 Justice Department programs 71 787 5,877 Labor Dept. prgms (excl. unemployment) 58 733 5,404 Medicaid 1,293 16,836 134,766 Medicare and Other CMS Payments 2,057 16,661 142,483 Medicare Advantage - Part C&D Payments 0 21,517 112,069 Marketplace Payments 0 0 10,089 NASA programs 40 746 6,793 Postal Service Money Orders and Other 174 2,094 15,095 Public Debt Cash Redemp. (Table III-B) 995 405,702 2,528,525 Social Security Benefits (EFT) 14,390 53,116 324,422 Supple. Nutrition Assist. Program (SNAP) 204 4,084 28,153 Temporary Assistance for Needy Families (HHS) 55 761 5,959 Transportation Security Admin. (DHS) 1 94 837 Unemployment Insurance Benefits 336 2,139 12,849 Veterans Affairs programs 186 2,773 20,705 Other Withdrawals: Agency for Internat'l Development 51 964 5,361 Agriculture 145 653 5,225 Federal Railroad Admin. 198 317 1,538 Unclassified 1,142 12,252 87,140 Total, Other Withdrawals 1,536 58,231 286,836 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 27,318 753,965 4,236,173 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 27,318 $ 753,965 $ 4,236,173 Net Change in Operating Cash Balance $ -16,737 $ -127,832 $ 43,634 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, February 17, 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 $ 261,996 $ 1,916,955 Cash Management Series 0 0 95,007 Notes 0 157,598 695,833 Bonds 0 16,173 78,250 Inflation-Protected Securities Increment -124 -2,263 -7,982 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 3 38 322 Interest Increment 2 415 2,085 Government Account Series 392,130 4,541,297 26,689,102 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 205 3,381 17,050 Other 952 12,636 101,372 Total Issues $ 393,167 $ 4,991,271 $ 29,590,678 (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 0 162,539 538,960 Bonds 0 5,428 11,013 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 40 533 4,154 Government Account Series 393,200 4,569,399 26,183,319 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 3,557 22,042 Other 954 12,656 101,339 Total Redemptions $ 394,195 $ 4,975,101 $ 28,712,299 Net Change in Public Debt Outstanding $ -1,027 $ 16,169 $ 878,380 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, February 17, 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) $ 393,167 $ 4,991,271 $ 29,590,678 Premium on New Issues 0 0 629 Discount on New Issues: Bills (-) 0 316 1,731 Bonds and Notes (-) 0 592 3,191 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 392,130 4,541,297 26,689,102 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 415 2,085 Inflation-Protected Securities Increment -124 -2,263 -8,333 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,159 $ 450,914 $ 2,900,846 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 394,195 $ 4,975,101 $ 28,712,299 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 (-) 393,200 4,569,399 26,183,319 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 995 $ 405,702 $ 2,528,525 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, February 17, 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 $ 13,702,339 $ 13,701,821 $ 13,657,155 $ 13,123,847 Intragovernmental Holdings 5,326,658 5,328,204 5,355,673 5,026,770 Total Public Debt Outstanding 19,028,997 19,030,024 19,012,828 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,852 23,872 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 $ 18,989,623 $ 18,990,631 $ 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 Wednesday, February 17, 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 $ 4,707 $ 131,241 $ 884,672 Individual Income Taxes 68 1,059 22,495 Railroad Retirement Taxes 4 426 2,236 Excise Taxes 15 3,275 28,945 Corporation Income Taxes 74 3,676 107,152 Federal Unemployment Taxes 5 2,453 4,144 Estate and Gift Taxes & Misc IRS Rcpts. 1 40 362 Total $ 4,874 $ 142,168 $ 1,050,006 Cash Federal Tax Deposits: Direct $ 43 $ 1,823 $ 12,565 Through Depositaries 4,504 134,767 1,000,886 Total Cash FTD's $ 4,548 $ 136,590 $ 1,013,451 Inter-agency Transfers 327 5,578 36,555 Total $ 4,874 $ 142,168 $ 1,050,006 ___________________________________________________________________________________________ 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, February 17, 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) $ 122 $ 3,797 $ 15,123 IRS Tax Refunds Business (EFT) 0 2,564 9,598 IRS Tax Refunds Individual (Checks) 422 3,917 16,058 IRS Tax Refunds Individual (EFT) 1,981 66,334 75,454 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.