1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, March 15, 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 $ 278,674 $ 236,562 $ 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 $ 278,674 $ 236,562 $ 272,359 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, March 15, 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) 56 303 5,501 Air Transport Security Fees $ 1 $ 16 $ 1,496 Cash FTD's Received (Table IV) 30,922 153,213 1,246,138 Commodity Credit Corporation programs 8 225 1,107 Customs and Certain Excise Taxes 67 846 19,901 Deposits by States: Supplemental Security Income 2 36 1,516 Unemployment 13 258 12,143 Education Department programs 377 3,159 26,916 Energy Department programs 19 126 3,472 Estate and Gift Taxes 93 678 9,451 Federal Reserve Earnings 0 3,349 61,493 Foreign Deposits, Military Sales 375 2,536 17,268 Housing and Urban Development programs 2 113 1,645 Individual Income and Employment Taxes, Not Withheld 403 6,680 130,417 Interest recd from cash investments 0 0 0 Justice Department programs 9 942 7,272 Postal Service 428 4,256 43,181 Public Debt Cash Issues (Table III-B) 56,517 340,078 3,635,527 Other Deposits: Federal Finance Bank 190 193 520 Medicare Premiums 124 820 12,778 Pension Benefit Guaranty Corp. 53 90 5,828 SEC:Stock Exchange Fees 263 464 464 Thrift Savings Plan Transfer 259 1,978 17,148 Total Other Deposits 889 4,878 79,271 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 90,182 521,694 5,303,714 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 90,182 $ 521,694 $ 5,303,714 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, March 15, 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 $ 79 $ 355 $ 13,720 Defense Vendor Payments (EFT) 1,378 12,347 130,689 Education Department programs 339 6,162 92,094 Energy Department programs 360 1,540 14,534 Federal Employees Insurance Payments 230 3,235 34,018 Fed. Highway Administration programs 154 1,400 17,006 Federal Salaries (EFT) 416 7,233 78,888 Food and Nutrition Service (misc) 134 1,329 14,296 GSA programs 45 1,023 8,209 Health and Human Services Grants (misc) 475 4,251 44,163 Housing and Urban Development programs 175 4,413 34,382 Interest on Treasury Securities 639 675 113,119 IRS Tax Refunds Business (EFT) 55 871 11,734 IRS Tax Refunds Individual (EFT) 1,312 34,689 160,370 Justice Department programs 54 696 7,013 Labor Dept. prgms (excl. unemployment) 51 711 6,602 Medicaid 1,609 15,691 161,995 Medicare and Other CMS Payments 1,592 15,161 172,059 Medicare Advantage - Part C&D Payments 0 20,446 132,514 Marketplace Payments 0 4 13,490 NASA programs 27 698 8,139 Postal Service Money Orders and Other 170 1,871 18,278 Public Debt Cash Redemp. (Table III-B) 33,598 284,677 3,125,685 Social Security Benefits (EFT) 49 38,623 377,973 Supple. Nutrition Assist. Program (SNAP) 296 3,478 33,366 Temporary Assistance for Needy Families (HHS) 30 662 7,109 Transportation Security Admin. (DHS) 2 80 1,020 Unemployment Insurance Benefits 286 1,811 15,790 Veterans Affairs programs 172 2,677 24,977 Other Withdrawals: Agriculture 155 642 6,179 Centers for Disease Control 111 225 2,486 Military Active Duty Pay (EFT) 2,756 6,441 38,498 Unclassified 1,319 15,897 114,708 Total, Other Withdrawals 4,342 48,573 350,526 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 48,070 515,379 5,223,756 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 48,070 $ 515,379 $ 5,223,756 Net Change in Operating Cash Balance $ 42,112 $ 6,315 $ 79,958 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, March 15, 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 $ 269,002 $ 2,429,953 Cash Management Series 0 0 95,007 Notes 44,001 44,001 870,326 Bonds 12,000 12,000 99,596 Inflation-Protected Securities Increment 54 639 -8,794 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 3 40 387 Interest Increment 2 408 2,508 Government Account Series 384,916 4,181,881 33,950,545 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 624 5,222 25,238 Other 941 11,230 121,147 Total Issues $ 442,541 $ 4,524,423 $ 37,588,599 (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 32,000 32,000 663,129 Bonds 0 0 11,013 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 45 494 4,944 Government Account Series 375,788 4,203,327 33,451,203 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 628 3,947 26,461 Other 925 11,237 121,131 Total Redemptions $ 409,386 $ 4,488,003 $ 36,577,342 Net Change in Public Debt Outstanding $ 33,155 $ 36,419 $ 1,011,257 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, March 15, 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) $ 442,541 $ 4,524,423 $ 37,588,599 Premium on New Issues 0 0 637 Discount on New Issues: Bills (-) 0 364 2,307 Bonds and Notes (-) 1,052 1,052 4,795 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 384,916 4,181,881 33,950,545 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 408 2,508 Inflation-Protected Securities Increment 54 639 -9,130 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 56,517 $ 340,078 $ 3,635,527 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 409,386 $ 4,488,003 $ 36,577,342 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 (-) 375,788 4,203,327 33,451,203 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 33,598 $ 284,677 $ 3,125,685 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, March 15, 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 $ 13,844,438 $ 13,819,746 $ 13,785,189 $ 13,123,847 Intragovernmental Holdings 5,317,436 5,308,974 5,340,266 5,026,770 Total Public Debt Outstanding 19,161,875 19,128,720 19,125,455 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,194 23,216 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 $ 19,123,159 $ 19,089,982 $ 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 Tuesday, March 15, 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 $ 6,969 $ 117,724 $ 1,078,500 Individual Income Taxes 344 1,760 25,316 Railroad Retirement Taxes 6 266 2,743 Excise Taxes 60 3,147 35,193 Corporation Income Taxes 23,570 35,462 143,923 Federal Unemployment Taxes 6 46 4,187 Estate and Gift Taxes & Misc IRS Rcpts. 1 29 463 Total $ 30,955 $ 158,434 $ 1,290,324 Cash Federal Tax Deposits: Direct $ 35 $ 1,119 $ 14,750 Through Depositaries 30,887 152,094 1,231,388 Total Cash FTD's $ 30,922 $ 153,213 $ 1,246,138 Inter-agency Transfers 33 5,221 44,187 Total $ 30,955 $ 158,434 $ 1,290,324 ___________________________________________________________________________________________ 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 Tuesday, March 15, 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) $ 1,381 $ 3,036 $ 19,676 IRS Tax Refunds Business (EFT) 55 871 11,734 IRS Tax Refunds Individual (Checks) 390 5,283 25,538 IRS Tax Refunds Individual (EFT) 1,312 34,689 160,370 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.