1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, February 25, 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 $ 224,233 $ 216,862 $ 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 $ 224,233 $ 216,862 $ 370,182 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, February 25, 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) 25 568 5,069 Air Transport Security Fees $ 8 $ 31 $ 1,174 Cash FTD's Received (Table IV) 3,858 183,371 1,060,232 Commodity Credit Corporation programs 4 89 861 Customs and Certain Excise Taxes 60 3,336 18,863 Deposits by States: Supplemental Security Income 10 58 1,246 Unemployment 38 3,825 11,838 Education Department programs 153 4,395 23,431 Energy Department programs 92 528 3,254 Estate and Gift Taxes 62 1,348 8,693 Federal Reserve Earnings 0 7,176 58,143 Foreign Deposits, Military Sales 129 2,676 14,689 Housing and Urban Development programs 4 339 1,441 Individual Income and Employment Taxes, Not Withheld 222 5,858 123,275 Interest recd from cash investments 0 0 0 Justice Department programs 18 3,382 6,314 Postal Service 310 6,900 38,192 Public Debt Cash Issues (Table III-B) 124,399 703,768 3,153,701 Other Deposits: Medicare Premiums 87 2,284 11,773 Total Other Deposits 87 22,126 73,035 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 129,479 949,778 4,603,452 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 129,479 $ 949,778 $ 4,603,452 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, February 25, 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 $ 40 $ 689 $ 13,274 Defense Vendor Payments (EFT) 1,608 21,364 116,029 Education Department programs 604 17,827 84,322 Energy Department programs 124 1,928 12,586 Federal Employees Insurance Payments 603 5,810 30,397 Fed. Highway Administration programs 224 2,463 15,367 Federal Salaries (EFT) 58 9,864 66,967 Food and Nutrition Service (misc) 53 2,269 12,660 GSA programs 53 1,403 7,085 Health and Human Services Grants (misc) 513 7,569 38,853 Housing and Urban Development programs 186 5,492 29,639 Interest on Treasury Securities 0 44,868 105,838 IRS Tax Refunds Business (EFT) 52 3,724 10,757 IRS Tax Refunds Individual (EFT) 1,707 111,320 120,441 Justice Department programs 53 1,150 6,240 Labor Dept. prgms (excl. unemployment) 92 1,082 5,753 Medicaid 3,409 26,746 144,675 Medicare and Other CMS Payments 2,130 28,081 153,903 Medicare Advantage - Part C&D Payments 0 21,517 112,069 Marketplace Payments 0 3,397 13,486 NASA programs 138 1,394 7,440 Postal Service Money Orders and Other 85 2,826 15,828 Public Debt Cash Redemp. (Table III-B) 108,445 623,943 2,746,766 Social Security Benefits (EFT) 71 68,045 339,352 Supple. Nutrition Assist. Program (SNAP) 141 5,413 29,481 Temporary Assistance for Needy Families (HHS) 124 1,174 6,372 Transportation Security Admin. (DHS) 13 175 918 Unemployment Insurance Benefits 157 3,251 13,961 Veterans Affairs programs 150 3,909 21,840 Other Withdrawals: Centers for Disease Control 73 340 2,144 Federal Transit Admin. 57 805 4,593 Thrift Savings Plan Transfer 83 1,819 13,614 Unclassified 1,063 19,823 94,711 Total, Other Withdrawals 1,276 67,030 295,635 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 122,108 1,095,726 4,577,935 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 122,108 $ 1,095,726 $ 4,577,935 Net Change in Operating Cash Balance $ 7,371 $ -145,949 $ 25,517 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, February 25, 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 $ 122,000 $ 505,993 $ 2,160,952 Cash Management Series 0 0 95,007 Notes 0 157,598 695,833 Bonds 0 16,173 78,249 Inflation-Protected Securities Increment -121 -3,233 -8,952 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 3 56 340 Interest Increment 3 427 2,097 Government Account Series 388,712 6,846,110 28,993,915 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 1,101 5,832 19,501 Other 1,405 19,238 107,974 Total Issues $ 513,104 $ 7,548,193 $ 32,147,601 (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 $ 106,999 $ 431,980 $ 2,062,009 Notes 0 162,539 538,960 Bonds 0 5,428 11,013 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 37 759 4,379 Government Account Series 388,167 6,866,421 28,480,340 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 3 3,969 22,454 Other 1,406 19,267 107,951 Total Redemptions $ 496,611 $ 7,490,363 $ 31,227,561 Net Change in Public Debt Outstanding $ 16,493 $ 57,830 $ 920,040 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, February 25, 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) $ 513,104 $ 7,548,193 $ 32,147,601 Premium on New Issues 0 0 629 Discount on New Issues: Bills (-) 111 529 1,944 Bonds and Notes (-) 0 592 3,191 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 388,712 6,846,110 28,993,915 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 427 2,097 Inflation-Protected Securities Increment -121 -3,233 -9,304 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 124,399 $ 703,768 $ 3,153,701 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 496,611 $ 7,490,363 $ 31,227,561 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 (-) 388,167 6,866,421 28,480,340 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 108,445 $ 623,943 $ 2,746,766 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, February 25, 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 $ 13,737,073 $ 13,720,778 $ 13,657,155 $ 13,123,847 Intragovernmental Holdings 5,333,584 5,333,387 5,355,673 5,026,770 Total Public Debt Outstanding 19,070,657 19,054,165 19,012,828 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,901 23,811 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 $ 19,031,234 $ 19,014,832 $ 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 25, 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 $ 3,069 $ 176,411 $ 929,842 Individual Income Taxes 116 1,718 23,155 Railroad Retirement Taxes 45 566 2,376 Excise Taxes 520 3,974 29,645 Corporation Income Taxes 109 4,373 107,849 Federal Unemployment Taxes 3 2,440 4,131 Estate and Gift Taxes & Misc IRS Rcpts. 1 105 427 Total $ 3,863 $ 189,587 $ 1,097,424 Cash Federal Tax Deposits: Direct $ 28 $ 2,044 $ 12,786 Through Depositaries 3,830 181,328 1,047,446 Total Cash FTD's $ 3,858 $ 183,371 $ 1,060,232 Inter-agency Transfers 5 6,215 37,192 Total $ 3,863 $ 189,587 $ 1,097,424 ___________________________________________________________________________________________ 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 25, 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) $ 19 $ 4,976 $ 16,302 IRS Tax Refunds Business (EFT) 52 3,724 10,757 IRS Tax Refunds Individual (Checks) 416 6,704 18,845 IRS Tax Refunds Individual (EFT) 1,707 111,320 120,441 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.