1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, March 14, 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 $ 236,562 $ 213,624 $ 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 $ 236,562 $ 213,624 $ 272,359 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, March 14, 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) 24 247 5,444 Air Transport Security Fees $ 1 $ 15 $ 1,495 Cash FTD's Received (Table IV) 32,265 122,291 1,215,216 Commodity Credit Corporation programs 4 217 1,099 Customs and Certain Excise Taxes 124 779 19,833 Deposits by States: Supplemental Security Income 3 35 1,514 Unemployment 12 245 12,130 Education Department programs 231 2,783 26,540 Energy Department programs 11 107 3,454 Estate and Gift Taxes 48 584 9,358 Federal Reserve Earnings 0 3,349 61,493 Foreign Deposits, Military Sales 25 2,162 16,893 Housing and Urban Development programs 5 111 1,642 Individual Income and Employment Taxes, Not Withheld 367 6,277 130,013 Interest recd from cash investments 0 0 0 Justice Department programs 8 933 7,263 Postal Service 360 3,829 42,753 Public Debt Cash Issues (Table III-B) 929 283,562 3,579,010 Other Deposits: Defense Finance & Accounting Service 55 247 3,100 SEC:Stock Exchange Fees 201 201 201 Thrift Savings Plan Transfer 761 1,719 16,889 Total Other Deposits 1,017 3,989 78,381 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 35,433 431,512 5,213,532 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 35,433 $ 431,512 $ 5,213,532 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, March 14, 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 $ 26 $ 276 $ 13,641 Defense Vendor Payments (EFT) 1,002 10,969 129,310 Education Department programs 534 5,828 91,760 Energy Department programs 61 1,180 14,174 Federal Employees Insurance Payments 187 3,005 33,788 Fed. Highway Administration programs 27 1,246 16,852 Federal Salaries (EFT) 1,361 6,818 78,473 Food and Nutrition Service (misc) 141 1,195 14,162 GSA programs 50 977 8,164 Health and Human Services Grants (misc) 444 3,776 43,688 Housing and Urban Development programs 148 4,238 34,207 Interest on Treasury Securities 0 36 112,480 IRS Tax Refunds Business (EFT) 83 816 11,680 IRS Tax Refunds Individual (EFT) 1,975 33,376 159,058 Justice Department programs 97 642 6,959 Labor Dept. prgms (excl. unemployment) 36 660 6,551 Medicaid 744 14,082 160,386 Medicare and Other CMS Payments 1,234 13,569 170,467 Medicare Advantage - Part C&D Payments 0 20,446 132,514 Marketplace Payments 0 4 13,490 NASA programs 34 672 8,112 Postal Service Money Orders and Other 215 1,701 18,108 Public Debt Cash Redemp. (Table III-B) 995 251,079 3,092,087 Social Security Benefits (EFT) 46 38,574 377,924 Supple. Nutrition Assist. Program (SNAP) 753 3,182 33,070 Temporary Assistance for Needy Families (HHS) 161 632 7,078 Transportation Security Admin. (DHS) 3 77 1,017 Unemployment Insurance Benefits 104 1,525 15,504 Veterans Affairs programs 194 2,505 24,806 Other Withdrawals: Interior 95 496 4,154 Thrift Savings Plan Transfer 72 1,800 15,545 Unclassified 1,669 14,571 113,383 Total, Other Withdrawals 1,837 44,225 346,178 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 12,495 467,309 5,175,686 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 12,495 $ 467,309 $ 5,175,686 Net Change in Operating Cash Balance $ 22,938 $ -35,797 $ 37,846 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, March 14, 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 $ -1 $ 269,002 $ 2,429,953 Cash Management Series 0 0 95,007 Notes 0 0 826,325 Bonds 0 0 87,596 Inflation-Protected Securities Increment 163 586 -8,848 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 6 37 384 Interest Increment 4 405 2,506 Government Account Series 378,541 3,796,965 33,565,629 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 6 4,598 24,614 Other 919 10,289 120,207 Total Issues $ 379,638 $ 4,081,881 $ 37,146,058 (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 47 449 4,899 Government Account Series 374,210 3,827,538 33,075,414 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 29 3,319 25,833 Other 920 10,312 120,206 Total Redemptions $ 375,205 $ 4,078,617 $ 36,167,956 Net Change in Public Debt Outstanding $ 4,433 $ 3,265 $ 978,102 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, March 14, 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) $ 379,638 $ 4,081,881 $ 37,146,058 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 (-) 378,541 3,796,965 33,565,629 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 4 405 2,506 Inflation-Protected Securities Increment 163 586 -9,184 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 929 $ 283,562 $ 3,579,010 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 375,205 $ 4,078,617 $ 36,167,956 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 (-) 374,210 3,827,538 33,075,414 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 995 $ 251,079 $ 3,092,087 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, March 14, 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 $ 13,819,746 $ 13,818,958 $ 13,785,189 $ 13,123,847 Intragovernmental Holdings 5,308,974 5,305,328 5,340,266 5,026,770 Total Public Debt Outstanding 19,128,720 19,124,287 19,125,455 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,216 23,282 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 $ 19,089,982 $ 19,085,483 $ 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 14, 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 $ 23,121 $ 110,756 $ 1,071,531 Individual Income Taxes 140 1,416 24,972 Railroad Retirement Taxes 66 261 2,737 Excise Taxes 1,969 3,087 35,133 Corporation Income Taxes 8,120 11,891 120,353 Federal Unemployment Taxes 4 40 4,181 Estate and Gift Taxes & Misc IRS Rcpts. 1 28 462 Total $ 33,421 $ 127,479 $ 1,259,369 Cash Federal Tax Deposits: Direct $ 710 $ 1,083 $ 14,715 Through Depositaries 31,555 121,207 1,200,501 Total Cash FTD's $ 32,265 $ 122,291 $ 1,215,216 Inter-agency Transfers 1,156 5,188 44,154 Total $ 33,421 $ 127,479 $ 1,259,369 ___________________________________________________________________________________________ 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 14, 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) $ 356 $ 1,656 $ 18,295 IRS Tax Refunds Business (EFT) 83 816 11,680 IRS Tax Refunds Individual (Checks) 232 4,893 25,148 IRS Tax Refunds Individual (EFT) 1,975 33,376 159,058 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.