1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, February 22, 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 $ 245,250 $ 240,815 $ 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 $ 245,250 $ 240,815 $ 370,182 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, February 22, 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) 17 487 4,987 Air Transport Security Fees $ 7 $ 18 $ 1,161 Cash FTD's Received (Table IV) 17,398 169,532 1,046,393 Commodity Credit Corporation programs 6 74 846 Customs and Certain Excise Taxes 96 1,189 16,716 Deposits by States: Supplemental Security Income 5 44 1,232 Unemployment 44 3,733 11,746 Education Department programs 257 3,687 22,722 Energy Department programs 72 289 3,014 Estate and Gift Taxes 90 1,105 8,449 Federal Reserve Earnings 0 5,660 56,627 Foreign Deposits, Military Sales 10 2,514 14,526 Housing and Urban Development programs 112 266 1,367 Individual Income and Employment Taxes, Not Withheld 160 4,672 122,089 Interest recd from cash investments 0 0 0 Justice Department programs 6 743 3,675 Postal Service 375 5,843 37,136 Public Debt Cash Issues (Table III-B) 974 576,645 3,026,578 Other Deposits: International Monetary Fund 1/ 255 10,702 12,303 Medicare Premiums 523 1,920 11,409 Thrift Savings Plan Transfer 159 2,067 14,513 Total Other Deposits 937 16,479 67,388 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 20,566 792,978 4,446,652 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 20,566 $ 792,978 $ 4,446,652 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 Monday, February 22, 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 $ 38 $ 588 $ 13,173 Defense Vendor Payments (EFT) 2,112 17,158 111,823 Education Department programs 1,088 15,639 82,133 Energy Department programs 86 1,630 12,288 Federal Employees Insurance Payments 143 4,317 28,905 Fed. Highway Administration programs 206 1,999 14,902 Federal Salaries (EFT) 70 9,653 66,756 Food and Nutrition Service (misc) 189 1,964 12,355 GSA programs 46 1,274 6,955 Health and Human Services Grants (misc) 467 6,402 37,686 Housing and Urban Development programs 143 4,978 29,125 Interest on Treasury Securities 0 44,868 105,838 IRS Tax Refunds Business (EFT) 701 3,493 10,526 IRS Tax Refunds Individual (EFT) 4,390 91,637 100,757 Justice Department programs 60 980 6,070 Labor Dept. prgms (excl. unemployment) 56 903 5,574 Medicaid 474 21,375 139,304 Medicare and Other CMS Payments 1,665 22,178 147,999 Medicare Advantage - Part C&D Payments 0 21,517 112,069 Marketplace Payments 0 0 10,089 NASA programs 89 1,038 7,085 Postal Service Money Orders and Other 134 2,466 15,467 Public Debt Cash Redemp. (Table III-B) 1,368 513,510 2,636,333 Social Security Benefits (EFT) 49 53,274 324,580 Supple. Nutrition Assist. Program (SNAP) 472 4,953 29,022 Temporary Assistance for Needy Families (HHS) 29 983 6,180 Transportation Security Admin. (DHS) 3 110 853 Unemployment Insurance Benefits 219 2,646 13,356 Veterans Affairs programs 209 3,413 21,345 Other Withdrawals: Agency for Internat'l Development 90 1,119 5,516 Emergency Prep & Response (DHS) 117 558 3,668 Federal Transit Admin. 68 664 4,451 Unclassified 1,351 16,311 91,199 Total, Other Withdrawals 1,626 62,964 291,569 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 16,131 917,910 4,400,118 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 16,131 $ 917,910 $ 4,400,118 Net Change in Operating Cash Balance $ 4,436 $ -124,931 $ 46,534 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, February 22, 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 $ 383,993 $ 2,038,952 Cash Management Series 0 0 95,007 Notes 0 157,598 695,833 Bonds 0 16,173 78,249 Inflation-Protected Securities Increment -361 -2,871 -8,591 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 4 47 332 Interest Increment 2 421 2,092 Government Account Series 378,602 5,686,842 27,834,647 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 27 3,893 17,563 Other 943 15,950 104,686 Total Issues $ 379,218 $ 6,262,047 $ 30,861,455 (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 $ 324,981 $ 1,955,010 Notes 0 162,539 538,960 Bonds 0 5,428 11,013 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 45 648 4,269 Government Account Series 376,872 5,707,984 27,321,903 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 379 3,936 22,421 Other 944 15,977 104,660 Total Redemptions $ 378,241 $ 6,221,494 $ 29,958,691 Net Change in Public Debt Outstanding $ 977 $ 40,553 $ 902,763 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, February 22, 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) $ 379,218 $ 6,262,047 $ 30,861,455 Premium on New Issues 0 0 629 Discount on New Issues: Bills (-) 0 418 1,833 Bonds and Notes (-) 0 592 3,191 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 378,602 5,686,842 27,834,647 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 421 2,092 Inflation-Protected Securities Increment -361 -2,871 -8,942 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 974 $ 576,645 $ 3,026,578 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 378,241 $ 6,221,494 $ 29,958,691 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 (-) 376,872 5,707,984 27,321,903 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,368 $ 513,510 $ 2,636,333 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, February 22, 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 $ 13,720,102 $ 13,720,729 $ 13,657,155 $ 13,123,847 Intragovernmental Holdings 5,333,280 5,331,675 5,355,673 5,026,770 Total Public Debt Outstanding 19,053,381 19,052,404 19,012,828 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,852 23,913 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 $ 19,014,008 $ 19,012,969 $ 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 Monday, February 22, 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 $ 17,118 $ 163,695 $ 917,126 Individual Income Taxes 135 1,417 22,853 Railroad Retirement Taxes 63 517 2,327 Excise Taxes 35 3,361 29,031 Corporation Income Taxes 52 4,198 107,673 Federal Unemployment Taxes 4 2,427 4,118 Estate and Gift Taxes & Misc IRS Rcpts. 2 102 424 Total $ 17,409 $ 175,716 $ 1,083,554 Cash Federal Tax Deposits: Direct $ 22 $ 1,937 $ 12,679 Through Depositaries 17,377 167,595 1,033,713 Total Cash FTD's $ 17,398 $ 169,532 $ 1,046,393 Inter-agency Transfers 10 6,184 37,161 Total $ 17,409 $ 175,716 $ 1,083,554 ___________________________________________________________________________________________ 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 Monday, February 22, 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) $ 134 $ 4,155 $ 15,481 IRS Tax Refunds Business (EFT) 701 3,493 10,526 IRS Tax Refunds Individual (Checks) 1,252 5,666 17,806 IRS Tax Refunds Individual (EFT) 4,390 91,637 100,757 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.