1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, March 7, 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 $ 222,709 $ 211,554 $ 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 $ 222,709 $ 211,554 $ 272,359 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, March 7, 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) 18 146 5,343 Air Transport Security Fees $ 1 $ 11 $ 1,492 Cash FTD's Received (Table IV) 18,340 62,839 1,155,764 Commodity Credit Corporation programs 9 31 913 Customs and Certain Excise Taxes 74 383 19,437 Deposits by States: Supplemental Security Income 4 20 1,500 Unemployment 20 122 12,007 Education Department programs 222 1,673 25,430 Energy Department programs 9 48 3,395 Estate and Gift Taxes 19 305 9,078 Federal Reserve Earnings 0 1,790 59,934 Foreign Deposits, Military Sales 43 1,851 16,583 Housing and Urban Development programs 50 67 1,598 Individual Income and Employment Taxes, Not Withheld 1,237 3,564 127,300 Interest recd from cash investments 0 0 0 Justice Department programs 65 888 7,218 Postal Service 444 1,984 40,908 Public Debt Cash Issues (Table III-B) 1,180 148,922 3,444,370 Other Deposits: Federal Housing Admin: Note Sales 126 584 9,216 Thrift Savings Plan Transfer 661 831 16,002 Total Other Deposits 787 2,048 76,441 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 22,521 226,690 5,008,710 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 22,521 $ 226,690 $ 5,008,710 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, March 7, 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 $ 22 $ 149 $ 13,514 Defense Vendor Payments (EFT) 1,018 5,289 123,631 Education Department programs 521 2,938 88,870 Energy Department programs 70 581 13,576 Federal Employees Insurance Payments 198 1,176 31,959 Fed. Highway Administration programs 87 607 16,213 Federal Salaries (EFT) 60 2,067 73,721 Food and Nutrition Service (misc) 165 513 13,479 GSA programs 30 729 7,915 Health and Human Services Grants (misc) 353 1,810 41,721 Housing and Urban Development programs 169 3,546 33,514 Interest on Treasury Securities 0 36 112,480 IRS Tax Refunds Business (EFT) 42 323 11,186 IRS Tax Refunds Individual (EFT) 2,280 18,509 144,191 Justice Department programs 40 304 6,622 Labor Dept. prgms (excl. unemployment) 29 369 6,260 Medicaid 636 6,562 152,867 Medicare and Other CMS Payments 1,239 6,965 163,863 Medicare Advantage - Part C&D Payments 0 20,442 132,510 Marketplace Payments 0 0 13,486 NASA programs 97 406 7,846 Postal Service Money Orders and Other 205 851 17,258 Public Debt Cash Redemp. (Table III-B) 1,053 140,747 2,981,755 Social Security Benefits (EFT) 42 23,562 362,912 Supple. Nutrition Assist. Program (SNAP) 661 1,337 31,225 Temporary Assistance for Needy Families (HHS) 18 303 6,749 Transportation Security Admin. (DHS) 15 44 984 Unemployment Insurance Benefits 106 775 14,754 Veterans Affairs programs 210 1,545 23,846 Other Withdrawals: Emergency Prep & Response (DHS) 51 173 4,067 HHS Deposit Fund Transfers to States 1/ 311 311 661 HHS: Indian Health Service 243 456 2,216 Unclassified 1,394 7,150 105,962 Total, Other Withdrawals 1,999 33,856 335,809 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 11,366 276,340 4,984,717 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 11,366 $ 276,340 $ 4,984,717 Net Change in Operating Cash Balance $ 11,155 $ -49,650 $ 23,993 1/Transfer by HHS from Federal Tax Refund Offset Program to various State agencies for delinquent child support. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, March 7, 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 $ -2 $ 142,004 $ 2,302,955 Cash Management Series 0 0 95,007 Notes 0 0 826,325 Bonds 0 0 87,596 Inflation-Protected Securities Increment 163 205 -9,229 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 6 19 367 Interest Increment 4 391 2,491 Government Account Series 376,530 1,897,536 31,666,200 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 239 1,895 21,912 Other 936 5,253 115,171 Total Issues $ 377,877 $ 2,047,303 $ 35,111,480 (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 47 235 4,684 Government Account Series 372,494 1,934,185 31,182,061 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 68 3,251 25,765 Other 938 5,259 115,153 Total Redemptions $ 373,547 $ 2,074,932 $ 34,164,272 Net Change in Public Debt Outstanding $ 4,330 $ -27,629 $ 947,208 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, March 7, 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) $ 377,877 $ 2,047,303 $ 35,111,480 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 (-) 376,530 1,897,536 31,666,200 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 4 391 2,491 Inflation-Protected Securities Increment 163 205 -9,565 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,180 $ 148,922 $ 3,444,370 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 373,547 $ 2,074,932 $ 34,164,272 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 (-) 372,494 1,934,185 31,182,061 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,053 $ 140,747 $ 2,981,755 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, March 7, 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 $ 13,794,825 $ 13,793,877 $ 13,785,189 $ 13,123,847 Intragovernmental Holdings 5,303,000 5,299,619 5,340,266 5,026,770 Total Public Debt Outstanding 19,097,826 19,093,496 19,125,455 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,254 23,318 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 $ 19,059,050 $ 19,054,656 $ 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 Monday, March 7, 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 $ 17,934 $ 64,245 $ 1,025,021 Individual Income Taxes 134 814 24,371 Railroad Retirement Taxes 42 119 2,595 Excise Taxes 17 63 32,109 Corporation Income Taxes 260 620 109,082 Federal Unemployment Taxes 4 21 4,163 Estate and Gift Taxes & Misc IRS Rcpts. 1 20 453 Total $ 18,392 $ 65,903 $ 1,197,794 Cash Federal Tax Deposits: Direct $ 30 $ 162 $ 13,794 Through Depositaries 18,310 62,676 1,141,970 Total Cash FTD's $ 18,340 $ 62,839 $ 1,155,764 Inter-agency Transfers 52 3,065 42,030 Total $ 18,392 $ 65,903 $ 1,197,794 ___________________________________________________________________________________________ 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, March 7, 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) $ 28 $ 648 $ 17,288 IRS Tax Refunds Business (EFT) 42 323 11,186 IRS Tax Refunds Individual (Checks) 237 2,396 22,651 IRS Tax Refunds Individual (EFT) 2,280 18,509 144,191 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.