1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, February 29, 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 $ 272,359 $ 233,990 $ 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 $ 272,359 $ 233,990 $ 370,182 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, February 29, 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) 74 697 5,197 Air Transport Security Fees $ 210 $ 338 $ 1,480 Cash FTD's Received (Table IV) 23,181 216,064 1,092,925 Commodity Credit Corporation programs 4 110 882 Customs and Certain Excise Taxes 123 3,527 19,054 Deposits by States: Supplemental Security Income 228 291 1,479 Unemployment 28 3,872 11,885 Education Department programs 167 4,721 23,757 Energy Department programs 49 621 3,347 Estate and Gift Taxes 27 1,429 8,774 Federal Reserve Earnings 0 7,176 58,143 Foreign Deposits, Military Sales 24 2,719 14,732 Housing and Urban Development programs 6 430 1,532 Individual Income and Employment Taxes, Not Withheld 300 6,319 123,736 Interest recd from cash investments 0 0 0 Justice Department programs 8 3,398 6,330 Postal Service 386 7,632 38,924 Public Debt Cash Issues (Table III-B) 127,370 845,516 3,295,448 Other Deposits: Federal Employees Insurance Receipt 84 366 1,170 Interior 204 480 1,366 Medicare Premiums 120 2,469 11,958 Minerals Management Svc/Collections 283 578 2,540 Securities and Exchange Commission 169 432 1,183 Thrift Savings Plan Transfer 290 2,725 15,170 Total Other Deposits 1,150 23,483 74,392 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 153,335 1,128,346 4,782,019 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 153,335 $ 1,128,346 $ 4,782,019 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, February 29, 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 $ 780 $ 13,365 Defense Vendor Payments (EFT) 1,020 23,677 118,342 Education Department programs 934 19,438 85,932 Energy Department programs 208 2,337 12,995 Federal Employees Insurance Payments 191 6,196 30,783 Fed. Highway Administration programs 88 2,703 15,606 Federal Salaries (EFT) 1,466 14,552 71,655 Food and Nutrition Service (misc) 142 2,576 12,967 GSA programs 57 1,505 7,186 Health and Human Services Grants (misc) 508 8,628 39,912 Housing and Urban Development programs 172 5,822 29,968 Interest on Treasury Securities 6,610 51,474 112,443 IRS Tax Refunds Business (EFT) 78 3,830 10,863 IRS Tax Refunds Individual (EFT) 2,781 116,561 125,682 Justice Department programs 3 1,227 6,318 Labor Dept. prgms (excl. unemployment) 53 1,220 5,891 Medicaid 631 28,375 146,304 Medicare and Other CMS Payments 1,360 31,076 156,898 Medicare Advantage - Part C&D Payments 0 21,517 112,069 Marketplace Payments 0 3,397 13,486 NASA programs 0 1,394 7,440 Postal Service Money Orders and Other 458 3,406 16,407 Public Debt Cash Redemp. (Table III-B) 93,262 718,185 2,841,008 Social Security Benefits (EFT) 6 68,044 339,350 Supple. Nutrition Assist. Program (SNAP) 282 5,819 29,888 Temporary Assistance for Needy Families (HHS) 37 1,249 6,446 Transportation Security Admin. (DHS) 10 197 940 Unemployment Insurance Benefits 108 3,269 13,979 Veterans Affairs programs 210 4,369 22,301 Other Withdrawals: Agency for Internat'l Development 446 1,778 6,175 Centers for Disease Control 69 457 2,261 Emergency Prep & Response (DHS) 86 783 3,893 Federal Aviation Administration 80 594 3,182 Federal Financing Bank 62 561 2,375 HHS: Indian Health Service 327 709 1,760 Pension Benefit Guaranty Corp. 464 508 2,511 U.S. District Courts (net) -82 -207 -2,106 Unclassified 2,805 23,924 98,812 Total, Other Withdrawals 4,256 73,349 301,953 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 114,966 1,226,168 4,708,377 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 114,966 $ 1,226,168 $ 4,708,377 Net Change in Operating Cash Balance $ 38,369 $ -97,823 $ 73,643 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, February 29, 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 $ 505,993 $ 2,160,952 Cash Management Series 0 0 95,007 Notes 117,493 288,090 826,325 Bonds 9,346 25,519 87,596 Inflation-Protected Securities Increment -361 -3,714 -9,434 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 4 63 347 Interest Increment 1 430 2,100 Government Account Series 393,554 7,620,859 29,768,664 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 90 6,347 20,016 Other 1,004 21,182 109,918 Total Issues $ 521,129 $ 8,464,769 $ 33,064,177 (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 $ 431,980 $ 2,062,009 Notes 92,169 254,708 631,129 Bonds 0 5,428 11,013 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 38 828 4,449 Government Account Series 382,536 7,633,957 29,247,876 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 52 4,029 22,514 Other 1,003 21,211 109,894 Total Redemptions $ 475,798 $ 8,352,142 $ 32,089,339 Net Change in Public Debt Outstanding $ 45,331 $ 112,627 $ 974,837 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, February 29, 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) $ 521,129 $ 8,464,769 $ 33,064,177 Premium on New Issues 0 9 637 Discount on New Issues: Bills (-) 0 529 1,944 Bonds and Notes (-) 551 1,143 3,742 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 393,554 7,620,859 29,768,664 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 430 2,100 Inflation-Protected Securities Increment -347 -3,699 -9,770 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 127,370 $ 845,516 $ 3,295,448 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 475,798 $ 8,352,142 $ 32,089,339 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 (-) 382,536 7,633,957 29,247,876 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 93,262 $ 718,185 $ 2,841,008 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, February 29, 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 $ 13,785,189 $ 13,750,549 $ 13,657,155 $ 13,123,847 Intragovernmental Holdings 5,340,266 5,329,575 5,355,673 5,026,770 Total Public Debt Outstanding 19,125,455 19,080,124 19,012,828 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,153 23,880 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 $ 19,086,780 $ 19,040,721 $ 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 29, 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 $ 21,353 $ 207,344 $ 960,775 Individual Income Taxes 216 2,120 23,557 Railroad Retirement Taxes 73 666 2,476 Excise Taxes 1,925 6,375 32,046 Corporation Income Taxes 536 4,986 108,462 Federal Unemployment Taxes 6 2,450 4,141 Estate and Gift Taxes & Misc IRS Rcpts. 5 111 433 Total $ 24,114 $ 224,053 $ 1,131,890 Cash Federal Tax Deposits: Direct $ 751 $ 2,889 $ 13,631 Through Depositaries 22,430 213,175 1,079,294 Total Cash FTD's $ 23,181 $ 216,064 $ 1,092,925 Inter-agency Transfers 933 7,989 38,965 Total $ 24,114 $ 224,053 $ 1,131,890 ___________________________________________________________________________________________ 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 29, 2016 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE VI Income Tax Refunds Issued ___________________________________________________________________________________________ Classification This Fiscal Today month year to date to date ____________________________________________________________________________________________ IRS Tax Refunds Business (Checks) $ 303 $ 5,314 $ 16,640 IRS Tax Refunds Business (EFT) 78 3,830 10,863 IRS Tax Refunds Individual (Checks) 212 1/8,114 1/20,255 IRS Tax Refunds Individual (EFT) 2,781 1/116,561 1/125,682 1/Does not include $2,651 million offset by Fiscal Service for the month of February 2016 and $2,820 million for the fiscal year-to-date for the Treasury Offset Program against Tax Refunds issued. operationsmfor themFederal tGovernment.tTreasury'suoperating cashdistmaintained 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.