1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, March 4, 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 $ 211,554 $ 210,163 $ 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 $ 211,554 $ 210,163 $ 272,359 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, March 4, 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) 19 128 5,325 Air Transport Security Fees $ 1 $ 11 $ 1,491 Cash FTD's Received (Table IV) 10,033 44,499 1,137,424 Commodity Credit Corporation programs 14 21 903 Customs and Certain Excise Taxes 88 309 19,363 Deposits by States: Supplemental Security Income 4 16 1,496 Unemployment 19 102 11,987 Education Department programs 485 1,451 25,208 Energy Department programs 2 39 3,385 Estate and Gift Taxes 25 286 9,060 Federal Reserve Earnings 0 1,790 59,934 Foreign Deposits, Military Sales 76 1,808 16,540 Housing and Urban Development programs 5 17 1,549 Individual Income and Employment Taxes, Not Withheld 395 2,326 126,063 Interest recd from cash investments 0 0 0 Justice Department programs 590 822 7,153 Postal Service 386 1,540 40,464 Public Debt Cash Issues (Table III-B) 1,019 147,742 3,443,191 Other Deposits: Federal Housing Admin: Note Sales 226 458 9,089 Total Other Deposits 226 1,261 75,654 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 13,386 204,169 4,986,188 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 13,386 $ 204,169 $ 4,986,188 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, March 4, 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 $ 25 $ 127 $ 13,492 Defense Vendor Payments (EFT) 810 4,271 122,613 Education Department programs 646 2,418 88,349 Energy Department programs 124 511 13,505 Federal Employees Insurance Payments 218 978 31,761 Fed. Highway Administration programs 88 520 16,127 Federal Salaries (EFT) 413 2,007 73,662 Food and Nutrition Service (misc) 144 348 13,315 GSA programs 36 699 7,885 Health and Human Services Grants (misc) 276 1,456 41,368 Housing and Urban Development programs 174 3,377 33,345 Interest on Treasury Securities 0 36 112,479 IRS Tax Refunds Business (EFT) 50 280 11,144 IRS Tax Refunds Individual (EFT) 2,534 16,234 141,916 Justice Department programs 50 264 6,582 Labor Dept. prgms (excl. unemployment) 144 340 6,231 Medicaid 1,469 5,927 152,231 Medicare and Other CMS Payments 1,309 5,726 162,624 Medicare Advantage - Part C&D Payments 0 20,442 132,510 Marketplace Payments 0 0 13,486 NASA programs 109 309 7,749 Postal Service Money Orders and Other 194 646 17,053 Public Debt Cash Redemp. (Table III-B) 991 139,694 2,980,702 Social Security Benefits (EFT) 48 23,526 362,876 Supple. Nutrition Assist. Program (SNAP) 196 676 30,564 Temporary Assistance for Needy Families (HHS) 24 284 6,731 Transportation Security Admin. (DHS) 12 29 969 Unemployment Insurance Benefits 56 669 14,648 Veterans Affairs programs 292 1,335 23,636 Other Withdrawals: Interior 84 210 3,868 State Department 63 172 4,466 Veterans Benefits (EFT) 65 6,017 37,517 Unclassified 1,351 5,745 104,557 Total, Other Withdrawals 1,563 31,846 333,799 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 11,995 264,974 4,973,351 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 11,995 $ 264,974 $ 4,973,351 Net Change in Operating Cash Balance $ 1,391 $ -60,805 $ 12,838 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, March 4, 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 $ 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 42 -9,392 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 4 14 361 Interest Increment 3 386 2,487 Government Account Series 373,977 1,521,006 31,289,670 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 77 1,656 21,672 Other 938 4,317 114,234 Total Issues $ 375,053 $ 1,669,426 $ 34,733,603 (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 $ 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 43 188 4,637 Government Account Series 373,717 1,561,691 30,809,567 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 8 3,183 25,697 Other 940 4,321 114,215 Total Redemptions $ 374,708 $ 1,701,385 $ 33,790,724 Net Change in Public Debt Outstanding $ 345 $ -31,959 $ 942,878 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, March 4, 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) $ 375,053 $ 1,669,426 $ 34,733,603 Premium on New Issues 0 0 637 Discount on New Issues: Bills (-) 0 249 2,193 Bonds and Notes (-) 0 0 3,742 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 373,977 1,521,006 31,289,670 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 386 2,487 Inflation-Protected Securities Increment 54 42 -9,728 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,019 $ 147,742 $ 3,443,191 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 374,708 $ 1,701,385 $ 33,790,724 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 (-) 373,717 1,561,691 30,809,567 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 991 $ 139,694 $ 2,980,702 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, March 4, 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 $ 13,793,877 $ 13,793,876 $ 13,785,189 $ 13,123,847 Intragovernmental Holdings 5,299,619 5,299,275 5,340,266 5,026,770 Total Public Debt Outstanding 19,093,496 19,093,151 19,125,455 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,318 23,340 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 $ 19,054,656 $ 19,054,289 $ 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 Friday, March 4, 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 $ 9,894 $ 46,312 $ 1,007,087 Individual Income Taxes 98 680 24,237 Railroad Retirement Taxes 17 77 2,553 Excise Taxes 10 46 32,092 Corporation Income Taxes 66 361 108,822 Federal Unemployment Taxes 5 18 4,159 Estate and Gift Taxes & Misc IRS Rcpts. 7 19 452 Total $ 10,097 $ 47,512 $ 1,179,402 Cash Federal Tax Deposits: Direct $ 27 $ 133 $ 13,764 Through Depositaries 10,006 44,366 1,123,660 Total Cash FTD's $ 10,033 $ 44,499 $ 1,137,424 Inter-agency Transfers 65 3,013 41,978 Total $ 10,097 $ 47,512 $ 1,179,402 ___________________________________________________________________________________________ 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 Friday, March 4, 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) $ 5 $ 621 $ 17,260 IRS Tax Refunds Business (EFT) 50 280 11,144 IRS Tax Refunds Individual (Checks) 1,222 2,159 22,414 IRS Tax Refunds Individual (EFT) 2,534 16,234 141,916 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.