1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, March 10, 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 $ 214,246 $ 196,297 $ 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 $ 214,246 $ 196,297 $ 272,359 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, March 10, 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) 13 205 5,402 Air Transport Security Fees $ 1 $ 14 $ 1,494 Cash FTD's Received (Table IV) 4,473 78,441 1,171,366 Commodity Credit Corporation programs 45 139 1,021 Customs and Certain Excise Taxes 55 573 19,628 Deposits by States: Supplemental Security Income 3 30 1,509 Unemployment 18 174 12,059 Education Department programs 158 2,394 26,151 Energy Department programs 4 69 3,416 Estate and Gift Taxes 54 467 9,241 Federal Reserve Earnings 0 3,349 61,493 Foreign Deposits, Military Sales 115 1,987 16,719 Housing and Urban Development programs 4 80 1,611 Individual Income and Employment Taxes, Not Withheld 233 5,695 129,432 Interest recd from cash investments 0 0 0 Justice Department programs 7 918 7,248 Postal Service 299 3,148 42,073 Public Debt Cash Issues (Table III-B) 130,246 281,693 3,577,142 Other Deposits: Medicare Premiums 79 460 12,419 Total Other Deposits 79 2,627 77,019 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 135,805 382,004 5,164,024 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 135,805 $ 382,004 $ 5,164,024 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, March 10, 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 $ 16 $ 229 $ 13,594 Defense Vendor Payments (EFT) 1,518 9,189 127,531 Education Department programs 539 4,698 90,630 Energy Department programs 116 995 13,989 Federal Employees Insurance Payments 513 2,457 33,240 Fed. Highway Administration programs 92 1,092 16,698 Federal Salaries (EFT) 80 2,279 73,934 Food and Nutrition Service (misc) 128 912 13,879 GSA programs 42 876 8,063 Health and Human Services Grants (misc) 366 2,904 42,815 Housing and Urban Development programs 96 3,917 33,886 Interest on Treasury Securities 0 36 112,480 IRS Tax Refunds Business (EFT) 23 612 11,475 IRS Tax Refunds Individual (EFT) 1,217 29,264 154,946 Justice Department programs 49 466 6,784 Labor Dept. prgms (excl. unemployment) 110 580 6,471 Medicaid 2,166 12,466 158,771 Medicare and Other CMS Payments 1,398 11,120 168,018 Medicare Advantage - Part C&D Payments 4 20,446 132,514 Marketplace Payments 0 0 13,486 NASA programs 81 596 8,036 Postal Service Money Orders and Other 115 1,341 17,748 Public Debt Cash Redemp. (Table III-B) 106,377 249,081 3,090,089 Social Security Benefits (EFT) 58 38,479 377,829 Supple. Nutrition Assist. Program (SNAP) 272 2,168 32,056 Temporary Assistance for Needy Families (HHS) 55 461 6,907 Transportation Security Admin. (DHS) 7 67 1,008 Unemployment Insurance Benefits 101 1,357 15,336 Veterans Affairs programs 205 2,131 24,432 Other Withdrawals: Agency for Internat'l Development 53 382 6,557 Emergency Prep & Response (DHS) 54 269 4,163 HHS: Indian Health Service 61 590 2,349 Interior 55 368 4,026 Thrift Savings Plan Transfer 521 1,526 15,271 Unclassified 1,368 11,816 110,627 Total, Other Withdrawals 2,111 39,898 341,852 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 117,857 440,118 5,148,494 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 117,857 $ 440,118 $ 5,148,494 Net Change in Operating Cash Balance $ 17,948 $ -58,113 $ 15,530 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, March 10, 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 $ 126,999 $ 269,003 $ 2,429,954 Cash Management Series 0 0 95,007 Notes 0 0 826,325 Bonds 0 0 87,596 Inflation-Protected Securities Increment 56 369 -9,065 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 3 28 375 Interest Increment 3 398 2,499 Government Account Series 379,073 3,042,862 32,811,526 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 2,013 4,576 24,592 Other 1,345 8,451 118,368 Total Issues $ 509,492 $ 3,325,686 $ 36,389,862 (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 $ 104,995 $ 236,998 $ 2,299,006 Notes 0 0 631,129 Bonds 0 0 11,013 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 38 361 4,810 Government Account Series 377,974 3,076,734 32,324,611 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 1,344 8,472 118,366 Total Redemptions $ 484,351 $ 3,325,816 $ 35,415,155 Net Change in Public Debt Outstanding $ 25,141 $ -130 $ 974,708 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, March 10, 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) $ 509,492 $ 3,325,686 $ 36,389,862 Premium on New Issues 0 0 637 Discount on New Issues: Bills (-) 114 364 2,307 Bonds and Notes (-) 0 0 3,742 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 379,073 3,042,862 32,811,526 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 398 2,499 Inflation-Protected Securities Increment 56 369 -9,401 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 130,246 $ 281,693 $ 3,577,142 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 484,351 $ 3,325,816 $ 35,415,155 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 (-) 377,974 3,076,734 32,324,611 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 106,377 $ 249,081 $ 3,090,089 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, March 10, 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 $ 13,818,926 $ 13,795,114 $ 13,785,189 $ 13,123,847 Intragovernmental Holdings 5,306,399 5,305,070 5,340,266 5,026,770 Total Public Debt Outstanding 19,125,325 19,100,184 19,125,455 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,304 23,211 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 $ 19,086,500 $ 19,061,451 $ 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 10, 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 $ 2,856 $ 77,562 $ 1,038,337 Individual Income Taxes 111 1,169 24,726 Railroad Retirement Taxes 41 165 2,641 Excise Taxes 560 707 32,753 Corporation Income Taxes 909 1,949 110,410 Federal Unemployment Taxes 3 32 4,174 Estate and Gift Taxes & Misc IRS Rcpts. 1 23 457 Total $ 4,480 $ 81,608 $ 1,213,499 Cash Federal Tax Deposits: Direct $ 32 $ 278 $ 13,909 Through Depositaries 4,441 78,163 1,157,457 Total Cash FTD's $ 4,473 $ 78,441 $ 1,171,366 Inter-agency Transfers 7 3,167 42,132 Total $ 4,480 $ 81,608 $ 1,213,499 ___________________________________________________________________________________________ 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 10, 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) $ 161 $ 1,248 $ 17,888 IRS Tax Refunds Business (EFT) 23 612 11,475 IRS Tax Refunds Individual (Checks) 291 3,390 23,644 IRS Tax Refunds Individual (EFT) 1,217 29,264 154,946 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.