1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, March 11, 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 $ 213,624 $ 214,246 $ 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 $ 213,624 $ 214,246 $ 272,359 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, March 11, 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) 18 223 5,420 Air Transport Security Fees $ 1 $ 14 $ 1,495 Cash FTD's Received (Table IV) 11,585 90,026 1,182,951 Commodity Credit Corporation programs 74 213 1,095 Customs and Certain Excise Taxes 81 655 19,709 Deposits by States: Supplemental Security Income 2 32 1,511 Unemployment 58 232 12,118 Education Department programs 158 2,552 26,309 Energy Department programs 27 96 3,443 Estate and Gift Taxes 69 536 9,310 Federal Reserve Earnings 0 3,349 61,493 Foreign Deposits, Military Sales 150 2,137 16,869 Housing and Urban Development programs 26 106 1,637 Individual Income and Employment Taxes, Not Withheld 215 5,910 129,647 Interest recd from cash investments 0 0 0 Justice Department programs 7 925 7,255 Postal Service 321 3,469 42,393 Public Debt Cash Issues (Table III-B) 939 282,632 3,578,081 Other Deposits: Federal Housing Admin: Note Sales 72 1,126 9,758 Medicare Premiums 202 662 12,621 Thrift Savings Plan Transfer 70 958 16,128 Total Other Deposits 345 2,972 77,364 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 14,076 396,080 5,178,099 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 14,076 $ 396,080 $ 5,178,099 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, March 11, 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 $ 21 $ 250 $ 13,615 Defense Vendor Payments (EFT) 777 9,966 128,308 Education Department programs 596 5,294 91,226 Energy Department programs 124 1,118 14,113 Federal Employees Insurance Payments 361 2,818 33,601 Fed. Highway Administration programs 127 1,218 16,824 Federal Salaries (EFT) 3,178 5,457 77,112 Food and Nutrition Service (misc) 142 1,054 14,020 GSA programs 51 927 8,113 Health and Human Services Grants (misc) 428 3,332 43,243 Housing and Urban Development programs 173 4,090 34,059 Interest on Treasury Securities 0 36 112,480 IRS Tax Refunds Business (EFT) 121 733 11,596 IRS Tax Refunds Individual (EFT) 2,155 31,406 157,088 Justice Department programs 79 545 6,862 Labor Dept. prgms (excl. unemployment) 44 624 6,515 Medicaid 872 13,338 159,642 Medicare and Other CMS Payments 1,215 12,335 169,233 Medicare Advantage - Part C&D Payments 0 20,446 132,514 Marketplace Payments 4 4 13,490 NASA programs 42 638 8,078 Postal Service Money Orders and Other 145 1,486 17,892 Public Debt Cash Redemp. (Table III-B) 1,002 250,083 3,091,091 Social Security Benefits (EFT) 49 38,528 377,878 Supple. Nutrition Assist. Program (SNAP) 260 2,429 32,317 Temporary Assistance for Needy Families (HHS) 10 471 6,918 Transportation Security Admin. (DHS) 7 74 1,015 Unemployment Insurance Benefits 64 1,421 15,400 Veterans Affairs programs 179 2,311 24,611 Other Withdrawals: Federal Railroad Admin. 77 187 1,824 HHS Deposit Fund Transfers to States 1/ 128 439 789 State Department 556 859 5,153 TARP 440 440 2,081 Thrift Savings Plan Transfer 202 1,728 15,473 Unclassified 1,068 12,897 111,709 Total, Other Withdrawals 2,471 42,382 344,336 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 14,697 454,815 5,163,191 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 14,697 $ 454,815 $ 5,163,191 Net Change in Operating Cash Balance $ -622 $ -58,735 $ 14,908 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 Friday, March 11, 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 $ 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 53 422 -9,012 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 4 31 378 Interest Increment 3 401 2,501 Government Account Series 375,562 3,418,424 33,187,088 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 17 4,592 24,608 Other 919 9,370 119,288 Total Issues $ 376,557 $ 3,702,243 $ 36,766,420 (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 $ 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 42 403 4,852 Government Account Series 376,594 3,453,328 32,701,204 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 40 3,290 25,804 Other 920 9,392 119,286 Total Redemptions $ 377,596 $ 3,703,412 $ 35,792,751 Net Change in Public Debt Outstanding $ -1,038 $ -1,168 $ 973,669 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, March 11, 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) $ 376,557 $ 3,702,243 $ 36,766,420 Premium on New Issues 0 0 637 Discount on New Issues: Bills (-) 0 364 2,307 Bonds and Notes (-) 0 0 3,742 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 375,562 3,418,424 33,187,088 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 401 2,501 Inflation-Protected Securities Increment 53 422 -9,348 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 939 $ 282,632 $ 3,578,081 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 377,596 $ 3,703,412 $ 35,792,751 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 (-) 376,594 3,453,328 32,701,204 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,002 $ 250,083 $ 3,091,091 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, March 11, 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 $ 13,818,958 $ 13,818,926 $ 13,785,189 $ 13,123,847 Intragovernmental Holdings 5,305,328 5,306,399 5,340,266 5,026,770 Total Public Debt Outstanding 19,124,287 19,125,325 19,125,455 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,282 23,304 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 $ 19,085,483 $ 19,086,500 $ 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 11, 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 $ 10,072 $ 87,634 $ 1,048,410 Individual Income Taxes 106 1,275 24,832 Railroad Retirement Taxes 30 195 2,671 Excise Taxes 411 1,118 33,164 Corporation Income Taxes 1,823 3,771 112,233 Federal Unemployment Taxes 4 36 4,177 Estate and Gift Taxes & Misc IRS Rcpts. 4 28 461 Total $ 12,450 $ 94,058 $ 1,225,948 Cash Federal Tax Deposits: Direct $ 95 $ 373 $ 14,005 Through Depositaries 11,489 89,652 1,168,946 Total Cash FTD's $ 11,585 $ 90,026 $ 1,182,951 Inter-agency Transfers 865 4,032 42,997 Total $ 12,450 $ 94,058 $ 1,225,948 ___________________________________________________________________________________________ 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 11, 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) $ 51 $ 1,300 $ 17,939 IRS Tax Refunds Business (EFT) 121 733 11,596 IRS Tax Refunds Individual (Checks) 1,271 4,661 24,915 IRS Tax Refunds Individual (EFT) 2,155 31,406 157,088 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.