1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, March 2, 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 $ 229,388 $ 232,499 $ 272,359 $ 198,716 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 229,388 $ 232,499 $ 272,359 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, March 2, 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) 21 67 5,264 Air Transport Security Fees $ 1 $ 10 $ 1,490 Cash FTD's Received (Table IV) 11,685 31,646 1,124,571 Commodity Credit Corporation programs 1 3 885 Customs and Certain Excise Taxes 84 163 19,217 Deposits by States: Supplemental Security Income 4 6 1,485 Unemployment 30 49 11,935 Education Department programs 187 754 24,511 Energy Department programs 15 31 3,378 Estate and Gift Taxes 109 176 8,950 Federal Reserve Earnings 1,790 1,790 59,934 Foreign Deposits, Military Sales 4 1,676 16,408 Housing and Urban Development programs 4 10 1,542 Individual Income and Employment Taxes, Not Withheld 1,063 1,452 125,188 Interest recd from cash investments 0 0 0 Justice Department programs 7 207 6,537 Postal Service 355 778 39,702 Public Debt Cash Issues (Table III-B) 1,083 2,805 3,298,253 Other Deposits: Federal Housing Admin: Note Sales 67 113 8,745 Total Other Deposits 67 403 74,796 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 16,510 42,026 4,824,045 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 16,510 $ 42,026 $ 4,824,045 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, March 2, 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 $ 17 $ 56 $ 13,421 Defense Vendor Payments (EFT) 542 1,829 120,171 Education Department programs 722 1,258 87,190 Energy Department programs 81 262 13,256 Federal Employees Insurance Payments 251 475 31,258 Fed. Highway Administration programs 222 344 15,950 Federal Salaries (EFT) 121 858 72,513 Food and Nutrition Service (misc) 86 149 13,116 GSA programs 46 560 7,747 Health and Human Services Grants (misc) 287 846 40,757 Housing and Urban Development programs 356 2,975 32,943 Interest on Treasury Securities 0 36 112,479 IRS Tax Refunds Business (EFT) 138 154 11,018 IRS Tax Refunds Individual (EFT) 10,230 12,303 137,984 Justice Department programs 139 144 6,462 Labor Dept. prgms (excl. unemployment) 32 106 5,997 Medicaid 768 2,500 148,804 Medicare and Other CMS Payments 1,584 3,152 160,050 Medicare Advantage - Part C&D Payments 0 20,442 132,510 Marketplace Payments 0 0 13,486 NASA programs 140 140 7,580 Postal Service Money Orders and Other 172 329 16,736 Public Debt Cash Redemp. (Table III-B) 1,040 5,163 2,846,171 Social Security Benefits (EFT) 87 168 339,518 Supple. Nutrition Assist. Program (SNAP) 139 283 30,171 Temporary Assistance for Needy Families (HHS) 24 201 6,647 Transportation Security Admin. (DHS) 11 11 951 Unemployment Insurance Benefits 217 523 14,502 Veterans Affairs programs 123 872 23,173 Other Withdrawals: Agency for Internat'l Development 66 120 6,295 Pmt. to Int'l Bk for Reconstruction 168 168 168 Supple. Security Income Benefits (EFT) 79 4,298 26,555 Thrift Savings Plan Transfer 440 537 14,283 Unclassified 1,293 3,163 101,975 Total, Other Withdrawals 2,046 28,858 330,812 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 19,621 84,997 4,793,374 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 19,621 $ 84,997 $ 4,793,374 Net Change in Operating Cash Balance $ -3,111 $ -42,971 $ 30,672 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, March 2, 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 $ 0 $ 2,160,952 Cash Management Series 0 0 95,007 Notes 0 0 826,325 Bonds 0 0 87,596 Inflation-Protected Securities Increment 55 -67 -9,500 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 4 7 354 Interest Increment 3 381 2,481 Government Account Series 382,025 760,126 30,528,790 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 129 895 20,911 Other 950 1,902 111,820 Total Issues $ 383,166 $ 763,244 $ 33,827,421 (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 $ 0 $ 2,062,009 Notes 0 0 631,129 Bonds 0 0 11,013 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 49 105 4,554 Government Account Series 375,485 786,014 30,033,891 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 39 3,165 25,679 Other 951 1,893 111,787 Total Redemptions $ 376,525 $ 791,178 $ 32,880,517 Net Change in Public Debt Outstanding $ 6,641 $ -27,933 $ 946,904 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, March 2, 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) $ 383,166 $ 763,244 $ 33,827,421 Premium on New Issues 0 0 637 Discount on New Issues: Bills (-) 0 0 1,944 Bonds and Notes (-) 0 0 3,742 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 382,025 760,126 30,528,790 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 381 2,481 Inflation-Protected Securities Increment 55 -67 -9,836 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,083 $ 2,805 $ 3,298,253 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 376,525 $ 791,178 $ 32,880,517 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 (-) 375,485 786,014 30,033,891 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,040 $ 5,163 $ 2,846,171 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, March 2, 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 $ 13,783,164 $ 13,783,341 $ 13,785,189 $ 13,123,847 Intragovernmental Holdings 5,314,358 5,307,540 5,340,266 5,026,770 Total Public Debt Outstanding 19,097,522 19,090,881 19,125,455 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,112 23,133 23,153 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 $ 19,058,888 $ 19,052,226 $ 19,086,780 $ 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, March 2, 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 $ 11,922 $ 32,548 $ 993,323 Individual Income Taxes 149 476 24,033 Railroad Retirement Taxes 15 58 2,534 Excise Taxes 9 30 32,076 Corporation Income Taxes 49 149 108,610 Federal Unemployment Taxes 5 10 4,151 Estate and Gift Taxes & Misc IRS Rcpts. 4 6 440 Total $ 12,154 $ 33,277 $ 1,165,168 Cash Federal Tax Deposits: Direct $ 36 $ 73 $ 13,704 Through Depositaries 11,649 31,572 1,110,866 Total Cash FTD's $ 11,685 $ 31,646 $ 1,124,571 Inter-agency Transfers 469 1,632 40,597 Total $ 12,154 $ 33,277 $ 1,165,168 ___________________________________________________________________________________________ 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, March 2, 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) $ 129 $ 581 $ 17,221 IRS Tax Refunds Business (EFT) 138 154 11,018 IRS Tax Refunds Individual (Checks) 332 655 20,909 IRS Tax Refunds Individual (EFT) 10,230 12,303 137,984 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.