1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, March 3, 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 $ 210,163 $ 229,388 $ 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 $ 210,163 $ 229,388 $ 272,359 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, March 3, 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) 41 108 5,306 Air Transport Security Fees $ 1 $ 10 $ 1,491 Cash FTD's Received (Table IV) 2,821 34,466 1,127,392 Commodity Credit Corporation programs 4 7 889 Customs and Certain Excise Taxes 58 221 19,275 Deposits by States: Supplemental Security Income 7 12 1,492 Unemployment 34 83 11,968 Education Department programs 212 966 24,723 Energy Department programs 5 37 3,383 Estate and Gift Taxes 85 261 9,034 Federal Reserve Earnings 0 1,790 59,934 Foreign Deposits, Military Sales 56 1,732 16,464 Housing and Urban Development programs 2 13 1,544 Individual Income and Employment Taxes, Not Withheld 480 1,932 125,668 Interest recd from cash investments 0 0 0 Justice Department programs 26 233 6,563 Postal Service 376 1,154 40,078 Public Debt Cash Issues (Table III-B) 143,918 146,723 3,442,171 Other Deposits: Deposit Insurance Fund 339 340 3,727 Federal Housing Admin: Note Sales 119 232 8,863 Medicare Premiums 51 226 12,184 Thrift Savings Plan Transfer 124 151 15,321 Total Other Deposits 632 1,035 75,428 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 148,757 190,783 4,972,802 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 148,757 $ 190,783 $ 4,972,802 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, March 3, 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 $ 46 $ 102 $ 13,467 Defense Vendor Payments (EFT) 1,632 3,461 121,803 Education Department programs 514 1,772 87,703 Energy Department programs 126 387 13,382 Federal Employees Insurance Payments 285 760 31,543 Fed. Highway Administration programs 88 433 16,039 Federal Salaries (EFT) 736 1,594 73,249 Food and Nutrition Service (misc) 55 204 13,171 GSA programs 103 663 7,850 Health and Human Services Grants (misc) 334 1,180 41,092 Housing and Urban Development programs 228 3,202 33,171 Interest on Treasury Securities 0 36 112,479 IRS Tax Refunds Business (EFT) 76 230 11,094 IRS Tax Refunds Individual (EFT) 1,424 13,715 139,397 Justice Department programs 71 215 6,532 Labor Dept. prgms (excl. unemployment) 90 196 6,087 Medicaid 1,958 4,457 150,762 Medicare and Other CMS Payments 1,264 4,417 161,315 Medicare Advantage - Part C&D Payments 0 20,442 132,510 Marketplace Payments 0 0 13,486 NASA programs 60 200 7,640 Postal Service Money Orders and Other 123 452 16,859 Public Debt Cash Redemp. (Table III-B) 133,540 138,703 2,979,711 Social Security Benefits (EFT) 23,318 23,486 362,836 Supple. Nutrition Assist. Program (SNAP) 197 480 30,368 Temporary Assistance for Needy Families (HHS) 60 261 6,707 Transportation Security Admin. (DHS) 6 17 957 Unemployment Insurance Benefits 89 613 14,592 Veterans Affairs programs 171 1,043 23,344 Other Withdrawals: HHS: Indian Health Service 193 193 1,953 Unclassified 1,197 4,371 103,183 Total, Other Withdrawals 1,390 30,260 332,213 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 167,982 252,979 4,961,356 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 167,982 $ 252,979 $ 4,961,356 Net Change in Operating Cash Balance $ -19,225 $ -62,196 $ 11,447 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, March 3, 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 $ 142,005 $ 142,005 $ 2,302,957 Cash Management Series 0 0 95,007 Notes 0 0 826,325 Bonds 0 0 87,596 Inflation-Protected Securities Increment 54 -12 -9,446 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 3 10 357 Interest Increment 3 383 2,484 Government Account Series 386,904 1,147,030 30,915,694 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 684 1,579 21,595 Other 1,476 3,378 113,296 Total Issues $ 531,128 $ 1,294,373 $ 34,358,549 (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 $ 132,003 $ 132,003 $ 2,194,012 Notes 0 0 631,129 Bonds 0 0 11,013 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 40 145 4,594 Government Account Series 401,959 1,187,974 30,435,850 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 10 3,175 25,689 Other 1,487 3,380 113,274 Total Redemptions $ 535,499 $ 1,326,677 $ 33,416,016 Net Change in Public Debt Outstanding $ -4,371 $ -32,304 $ 942,533 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, March 3, 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) $ 531,128 $ 1,294,373 $ 34,358,549 Premium on New Issues 0 0 637 Discount on New Issues: Bills (-) 249 249 2,193 Bonds and Notes (-) 0 0 3,742 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 386,904 1,147,030 30,915,694 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 383 2,484 Inflation-Protected Securities Increment 54 -12 -9,782 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 143,918 $ 146,723 $ 3,442,171 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 535,499 $ 1,326,677 $ 33,416,016 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 (-) 401,959 1,187,974 30,435,850 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 133,540 $ 138,703 $ 2,979,711 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, March 3, 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 $ 13,793,876 $ 13,783,164 $ 13,785,189 $ 13,123,847 Intragovernmental Holdings 5,299,275 5,314,358 5,340,266 5,026,770 Total Public Debt Outstanding 19,093,151 19,097,522 19,125,455 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,340 23,112 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 $ 19,054,289 $ 19,058,888 $ 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 Thursday, March 3, 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 $ 3,869 $ 36,418 $ 997,193 Individual Income Taxes 105 582 24,139 Railroad Retirement Taxes 1 60 2,536 Excise Taxes 7 37 32,082 Corporation Income Taxes 146 294 108,756 Federal Unemployment Taxes 3 13 4,154 Estate and Gift Taxes & Misc IRS Rcpts. 5 12 445 Total $ 4,137 $ 37,414 $ 1,169,305 Cash Federal Tax Deposits: Direct $ 33 $ 106 $ 13,737 Through Depositaries 2,788 34,361 1,113,655 Total Cash FTD's $ 2,821 $ 34,466 $ 1,127,392 Inter-agency Transfers 1,316 2,948 41,913 Total $ 4,137 $ 37,414 $ 1,169,305 ___________________________________________________________________________________________ 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, March 3, 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) $ 34 $ 616 $ 17,255 IRS Tax Refunds Business (EFT) 76 230 11,094 IRS Tax Refunds Individual (Checks) 283 937 21,192 IRS Tax Refunds Individual (EFT) 1,424 13,715 139,397 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.