1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, March 9, 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 $ 196,297 $ 216,274 $ 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 $ 196,297 $ 216,274 $ 272,359 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, March 9, 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) 14 192 5,389 Air Transport Security Fees $ 1 $ 13 $ 1,493 Cash FTD's Received (Table IV) 8,026 73,968 1,166,893 Commodity Credit Corporation programs 61 94 976 Customs and Certain Excise Taxes 59 518 19,573 Deposits by States: Supplemental Security Income 1 27 1,507 Unemployment 16 156 12,041 Education Department programs 165 2,236 25,993 Energy Department programs 7 66 3,412 Estate and Gift Taxes 80 413 9,187 Federal Reserve Earnings 1,559 3,349 61,493 Foreign Deposits, Military Sales 2 1,873 16,604 Housing and Urban Development programs 4 75 1,607 Individual Income and Employment Taxes, Not Withheld 914 5,462 129,199 Interest recd from cash investments 0 0 0 Justice Department programs 8 911 7,241 Postal Service 349 2,849 41,773 Public Debt Cash Issues (Table III-B) 1,309 151,447 3,446,895 Other Deposits: Federal Housing Admin: Note Sales 62 1,007 9,638 Medicare Premiums 76 381 12,340 TARP 2 2 27 Total Other Deposits 140 2,548 76,941 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 12,714 246,199 5,028,218 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 12,714 $ 246,199 $ 5,028,218 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, March 9, 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 $ 20 $ 212 $ 13,578 Defense Vendor Payments (EFT) 923 7,671 126,013 Education Department programs 577 4,159 90,091 Energy Department programs 215 878 13,873 Federal Employees Insurance Payments 538 1,944 32,727 Fed. Highway Administration programs 140 1,000 16,606 Federal Salaries (EFT) 84 2,199 73,854 Food and Nutrition Service (misc) 160 784 13,750 GSA programs 45 834 8,021 Health and Human Services Grants (misc) 362 2,538 42,449 Housing and Urban Development programs 124 3,821 33,789 Interest on Treasury Securities 0 36 112,480 IRS Tax Refunds Business (EFT) 108 603 11,466 IRS Tax Refunds Individual (EFT) 8,062 28,059 153,740 Justice Department programs 57 417 6,734 Labor Dept. prgms (excl. unemployment) 54 470 6,361 Medicaid 1,224 10,301 156,605 Medicare and Other CMS Payments 1,504 9,721 166,620 Medicare Advantage - Part C&D Payments 0 20,442 132,510 Marketplace Payments 0 0 13,486 NASA programs 84 514 7,955 Postal Service Money Orders and Other 184 1,226 17,633 Public Debt Cash Redemp. (Table III-B) 961 142,704 2,983,712 Social Security Benefits (EFT) 14,803 38,420 377,770 Supple. Nutrition Assist. Program (SNAP) 269 1,896 31,784 Temporary Assistance for Needy Families (HHS) 15 406 6,853 Transportation Security Admin. (DHS) 13 60 1,000 Unemployment Insurance Benefits 187 1,256 15,235 Veterans Affairs programs 205 1,926 24,227 Other Withdrawals: Federal Transit Admin. 72 209 4,871 HHS: Indian Health Service 68 528 2,288 Veterans Benefits (EFT) 55 6,110 37,610 Unclassified 1,577 10,423 109,235 Total, Other Withdrawals 1,772 37,762 339,716 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 32,691 322,261 5,030,637 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 32,691 $ 322,261 $ 5,030,637 Net Change in Operating Cash Balance $ -19,977 $ -76,062 $ -2,419 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, March 9, 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 $ 142,004 $ 2,302,955 Cash Management Series 0 0 95,007 Notes 0 0 826,325 Bonds 0 0 87,596 Inflation-Protected Securities Increment 53 313 -9,121 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 3 25 372 Interest Increment 3 395 2,496 Government Account Series 377,920 2,663,790 32,432,454 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 387 2,562 22,578 Other 918 7,106 117,023 Total Issues $ 379,286 $ 2,816,194 $ 35,880,371 (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 42 323 4,772 Government Account Series 391,017 2,698,761 31,946,637 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 3,251 25,765 Other 919 7,128 117,022 Total Redemptions $ 391,978 $ 2,841,465 $ 34,930,804 Net Change in Public Debt Outstanding $ -12,693 $ -25,271 $ 949,567 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, March 9, 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) $ 379,286 $ 2,816,194 $ 35,880,371 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 (-) 377,920 2,663,790 32,432,454 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 395 2,496 Inflation-Protected Securities Increment 53 313 -9,457 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,309 $ 151,447 $ 3,446,895 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 391,978 $ 2,841,465 $ 34,930,804 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 (-) 391,017 2,698,761 31,946,637 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 961 $ 142,704 $ 2,983,712 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, March 9, 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 $ 13,795,114 $ 13,794,796 $ 13,785,189 $ 13,123,847 Intragovernmental Holdings 5,305,070 5,318,081 5,340,266 5,026,770 Total Public Debt Outstanding 19,100,184 19,112,877 19,125,455 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,211 23,232 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 $ 19,061,451 $ 19,074,123 $ 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 9, 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 $ 7,681 $ 74,706 $ 1,035,482 Individual Income Taxes 89 1,059 24,616 Railroad Retirement Taxes 4 124 2,600 Excise Taxes 55 147 32,193 Corporation Income Taxes 247 1,039 109,501 Federal Unemployment Taxes 5 30 4,171 Estate and Gift Taxes & Misc IRS Rcpts. 1 22 456 Total $ 8,081 $ 77,128 $ 1,209,018 Cash Federal Tax Deposits: Direct $ 47 $ 246 $ 13,877 Through Depositaries 7,978 73,722 1,153,016 Total Cash FTD's $ 8,026 $ 73,968 $ 1,166,893 Inter-agency Transfers 56 3,160 42,125 Total $ 8,081 $ 77,128 $ 1,209,018 ___________________________________________________________________________________________ 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 9, 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) $ 42 $ 1,087 $ 17,727 IRS Tax Refunds Business (EFT) 108 603 11,466 IRS Tax Refunds Individual (Checks) 315 3,099 23,354 IRS Tax Refunds Individual (EFT) 8,062 28,059 153,740 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.